What fools these consumers be.
What fools these consumers be.
“The stuff of science fiction is about to be U.S. law after Congress approved the Space Act on Monday, paving the way for private companies to own any natural resources they manage to mine from asteroids.”
Could it be that “thar’s gold in them thar asteroids”?
“With potentially trillions of dollars at stake, futurists said the bill is a bold statement of American leadership, keeping the burgeoning private spaceflight industry free of heavy government regulations . . . . ‘This bill encourages the private sector to launch rockets, take risks and shoot for the stars,’ said Rep. Lamar Smith, Texas Republican and chairman of the Science Committee.”
“On Friday [Nov. 6, A.D. 2015] the Bank of Japan [BoJ] revised down its inflation and growth forecasts, and pushed back its expectation of hitting the 2 per cent inflation target to the end of next year. It seems likely, and indeed desirable, that the BoJ will be forced to expand its programme of quantitative easing [QE] before too long.”
QE is intended to cause more borrowing, more spending and more inflation in whichever country/economy that promotes it. In the case of Japan, continued reliance on QE is strange since they’ve tried to use some version of QE for most of 25 years without much success.
Why does Japan continue to beat that dead horse? Could it be because that’s the only horse they have? Financial Times:
It’s commonly observed that “The first casualty of war is truth.” That’s not news. The fundamental insight was first observed back about 500 BC, when the Greek dramatist Aeschylus observed that “In war, truth is the first casualty.”
In other words, war does not begin with the first shot, but with the first lie.
Once the war begins, the opposing lies are fired on “full auto”.
So, here’s a video describing the recent Turkish shoot-down of a Russian fighter jet that allegedly strayed into Turkish territory. Maybe the video is telling the truth, maybe not.
Clearly, somebody’s lying. Either the Turks are lying about the Russian jet crossing into Turkish airspace, or the Russians are lying about not crossing into Turkish airspace. I assume that radar or satellite evidence will be produced soon enough to support one side’s claims and refute the other’s.
But, you have to ask yourself, why did the Turks dare to shoot down a Russian fighter that (so far as I know) intruded only barely and briefly into Turkish airspace? Did the Turks believe that the Russian fighter was going to bomb Ankara (the Turkish capitol)? Pending further evidence, I have to assume that a Russian jet in Turkish airspace may be an annoyance or even diplomatic offense, but is that intrusion sufficient reason to shoot down a Russian fighter and provoke a serious international incident–complete with at least one dead Russian pilot?
The following video offers a plausible explanation for why the Turks “really” shot down the Russian jet. Take it all with salt. This explanation may simply be another illustration of the “First Casualty” principle.
However, if the video’s explanation turns out to be basically true, Soviet President Putin is now in a dangerous predicament. He must either accept the loss of his fighter jet as some sort of unfortunate “accident” or he must retaliate against the Turks. If he retaliates against the Turks, the Turks will probably retaliate further against Russia. I have the distinct impression that, despite all of the success Russia has enjoyed in its first attacks against ISIS, Putin may be finding himself in unexpectedly deeper waters and may be wondering if he’s gone (or is about to go) “too far”.
We shall see.
Catherine Austin Fitts Fitts has a BA from the University of Pennsylvania, an MBA from the Wharton School and studied Mandarin at the Chinese University of Hong Kong. She served as managing director and member of the board of directors of the Wall Street investment bank Dillon, Read & Co.Inc., as Assistant Secretary of Housing and Federal Housing Commissioner at the US Department of Housing and Urban Development in the first Bush Administration and was the president of Hamilton Securities Group, Inc., an investment bank and financial software developer.
She is cerebral, informed and, apparently, passionate about perceiving and disseminating the truth.
Her interview by Greg Hunter on USAWatchdog.com is brilliant, easily understood and, in some regards, even optimistic. In essence, she’s saying, “Yes, the problems are enormous. Solving them will be painful. We could see war as we move from a uni-polar to multi-polar world. Nevertheless, America can handle its problems-if we face them and act now.”
Biggest problem? National Debt. Government must soon cut expenditures severely. Biggest losers? Those corporations who depend on government business and subsidies.
Listening to her interview is well-worth your time. In fact, it’s worth your time to listen twice and take notes.