Archive for December, 2016

The Obama-Putin Legacy Captured in Cartoons

Posted December 30, 2016 By David Haggith

Here are some of my favorite Obamatoons to finish off the year  … and Obama’s presidency … in good http://www.mindanews.com/buy-inderal/ cheer: (Please add some of your own family-friendly Obamatoons in the comments below.)

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Euronomics Decomposing, Raise a Glass of Cheer!

Posted December 30, 2016 By David Haggith
By ECB - European Central Bank (Flickr.com) [CC BY 2.0 (http://creativecommons.org/licenses/by/2.0)], via Wikimedia Commons

Europeans must have been delighted to discover that one thing is working as well as it has since the start of the Great Recession. Behemoth banks that are failing are still able to pay their Christmas bonuses to their top executives and give nice dividends to their shareholders thanks to Super Mario Draghi.

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Israel-Palestine-United-Nations-Map

President Obama is systematically diminishing the sovereign powers of the United States president by yielding numerous regulatory powers to the office of UN Secretary General. His latest maneuver to strengthen UN regulation of Israeli settlements may not be the finale of his closing months as president but the prologue to years ahead by pushing his legacy to where he can continue to carry it out […]

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Irrational Exuberance in US Stock Market Grasps at 20K for Dow

Posted December 22, 2016 By David Haggith
Celebrate because the Epocalypse is here!

Since Trump’s election, the US stock market has climbed unstoppably along a remarkably steep path to round off at a teetering height. Is this the irrational exuberance that typically marks the last push before a perilous plunge, or is the market reaching escape velocity from the relentless gravity of the Great Recession?

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Trumponomics: Going for a Ride on the Trump Train

Posted December 14, 2016 By David Haggith
The Trumponomics Train may not be too smart. By a_marga from madrid, Spain (Be stupid) [CC BY-SA 2.0 (http://creativecommons.org/licenses/by-sa/2.0)], via Wikimedia Commons

I’m afraid the Trump train is headed for a sharp economic curve that takes the US further away from free-market capitalism. The US already pulled out of the free-market station a long time ago, but Trumponomics moves deeply into a “mixed economy,” an economy in which government funding and private funding are married. The bankster-baron confederation in the Trump cabinet is […]

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Team Trump (Pt 3): Trunk Loads of Establishment Baggage

Posted December 14, 2016 By David Haggith
By DonkeyHotey [CC BY-SA 2.0 (http://creativecommons.org/licenses/by-sa/2.0)], via Wikimedia Commons

Banksters and their pocket politicians, barons of industry and their lickspittle lobbyists — these are the establishment, and these are the navigators that surround the helm as Trump takes the wheel and prepares to cast off. Nothing provides better clues as to where this voyage is headed than the carefully selected expertise of the chosen crew.

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Team Trump (Pt. 2): Top of the Crop is a Mixed Bag

Posted December 6, 2016 By David Haggith
By Caleb Smith; Office of the Speaker of the House [Public domain], via Wikimedia Commons

The best way to foresee Trump’s real direction once he becomes president is to evaluate the team he’s assembled. Typically, a leader selects people with a strong track record of working in the direction the leader intends to go. This article looks at the trifecta at the top of Trump’s team to see if they embody his promises

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Trump: Trojan, Traitor, or Tried and True?

Posted December 4, 2016 By David Haggith
By John Phelan (Own work) [CC BY-SA 4.0 (http://creativecommons.org/licenses/by-sa/4.0)], via Wikimedia Commons

I risked losing my fellow anti-establishment readers in September by suggesting Trump may be an establishment Trojan horse. After seeing Trump choose Pence as VP and a Goldman Sachs exec as campaign finance manager, I was concerned the establishment knew a citizen’s revolt was brewing and made sure that even the road to revolt led back to Rome. […]

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OPEC Out! This week’s meeting was really a bust!

Posted December 3, 2016 By David Haggith
By Tairo Bonilla (Own work) [CC BY-SA 3.0 (http://creativecommons.org/licenses/by-sa/3.0)], via Wikimedia Commons

In May, I wrote an article titled “The OPEC Epoch is Over,” which pronounced OPEC officially dead and predicted oil prices would plunge again. So far, I’ve been wrong about a second perilous plunge in oil prices. However, even as market heavyweights herald this week’s OPEC meeting for pumping up oil prices, a few voices join this lightweight in […]

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