Posts Tagged ‘military’

Why Did the U.S. Military Buy 500 Fake Internet Personas?

Courtesy of Jr. Deputy Accountant

The answer to the question "why does the government need software to create a bunch of fake Internet "people?" is probably quite simple, and while Daily Kos seems to feel it has to do with attacking progressives, I’m afraid the aim of the purchase is far more subversive and far-reaching. Leave it to libtards to take it personally and ignore the fact that there is an ongoing war against Americans, waged by their own government, that has so far claimed our privacy, freedom and now our economic well-being. 

I also remind Daily Kos here that the American progressive is already an extinct creature, replaced by leftist maniacs too drunk on their own perceived invincibility to realize that they’re the ones holding the torches as Rome burns. I have no problem with progressives and could probably play one on TV as I believe in crazy ideas like advancing knowledge and equal rights and am fascinated by the sociology of economics, all matters progressives tend to say they are into. I believe gays should be allowed to marry but churches should be allowed to say they refuse to marry them (that’s the whole separation of church and state we seem to have forgotten about). Just as the true conservative has been replaced with a holier-than-thou army of Christian fundamentalist freaks who obviously haven’t read a Bible lately since the one I read said something about "love your brother" and "judge not lest ye be judged," we are once again losing the battle by fighting amongst ourselves over semantics instead of attacking the true enemy. 

But what if the enemy could replicate itself to infinity and invade our most sacred space of information exchange, the Internet? Worse, what if they already have?

We have known for a long time this happens. It’s why sketchy IP addresses show up in my stats and comments appear on politically-charged websites that seem to paint the OP as a kook or set up a critical mass of straw men to otherwise discredit the point of the article. I’ve seen it in practice and it’s usually more sad than frightening. Real commenters get so caught up in their feelings they let their emotions bleed through the keyboard. Real commenters are idiot Americans who were churned through our sub-par public school system and don’t know…
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Mubarak’s Acts of Cowardice; Obama Calls Mubarak for 30-Minutes; Cell Service, Internet Total Shutdown; Anarchy in Cairo; How Long can Mubarak Last?

Courtesy of Mish

The situation in Egypt has gone from bad to worse. Cairo is in a state of near-anarchy and Egyptian President Hosni Mubarak’s cowardly disruptions to the internet and cell phones have made things worse.

Egyptian citizens unable to get news on the internet or cell phones have only one place to get it now, the street.

President Obama called Mubarak in a 30-minute phone call. Obama’s message was "Ultimately, the future of Egypt will be determined by the Egyptian people."

If that was a hint, Mubarak did not get it. Instead, Cairo is in flames as protesters have turned more defiant.

Mubarak Orders Crackdown, With Revolt Sweeping Egypt

The New York Times reports Mubarak Orders Crackdown, With Revolt Sweeping Egypt

With police stations and the governing party’s headquarters in flames, and much of this crucial Middle Eastern nation in open revolt, President Hosni Mubarak of Egypt deployed the nation’s military and imposed a near-total blackout on communications to save his authoritarian government of nearly 30 years.

Friday’s protests were the largest and most diverse yet, including young and old, women with Louis Vuitton bags and men in galabeyas, factory workers and film stars. All came surging out of mosques after midday prayers headed for Tahrir Square, and their clashes with the police left clouds of tear gas wafting through empty streets.

By nightfall, the protesters had burned down the ruling party’s headquarters in Cairo, and looters marched away with computers, briefcases and other equipment emblazoned with the party’s logo. Other groups assaulted the Interior Ministry and the state television headquarters, until after dark when the military occupied both buildings and regained control. At one point, the American Embassy came under attack.

Six Cairo police stations and several police cars were in flames, and stations in Suez and other cities were burning as well. Office equipment and police vehicles burned, and the police seemed to have retreated from Cairo’s main streets. Brigades of riot police officers deployed at mosques, bridges and intersections, and they battered the protesters with tear gas, water, rubber-coated bullets and, by day’s end, live ammunition.

Cairo in Near-Anarchy

The Washington Post reports Cairo in near-anarchy as protesters push to oust president

The Egyptian capital descended into near anarchy Friday night, as the government sent riot police, and then the army, to quell protests by tens of thousands of demonstrators determined to


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Egyptian Protests Send Tourists Scrambling

By AP / TAREK EL-TABLAWY, courtesy of TIME

Riot police force protestors back on the Kasr Al Nile Bridge as they attempt to get into Tahrir Square in downtown Cairo, Egypt.

Peter Macdiarmid / Getty Images

 

(CAIRO) — Foreign tourists and Egyptians flocked to Cairo’s main airport on Saturday, scrambling to find flights out of the country as days of often violent protests that forced the resignation of the government showed few signs of abating.

Israeli carrier El Al was trying to arrange a special flight Saturday to take roughly 200 Israeli tourists out of the country, a Cairo International Airport official said, speaking on condition of anonymity because he was not authorized to brief the media. Israel’s embassy in Egypt declined to comment. 

The efforts came as between 1,500 and 2,000 travelers were at the airport’s two main departure terminals, most without reservations and frantic to find any available seats of outbound flights. But the bid could prove difficult, if not futile, as some European and U.S. airlines began to announce cancelations or suspensions of service to Cairo and Egypt’s national carrier was said to be experiencing lengthy delays.

EgyptAir had suspended overnight departures Friday because of a government-imposed curfew. The carrier had yet to take a similar step Saturday, though the expansion of that curfew to between 4 p.m. and 8 a.m. made it increasingly unlikely that travelers would be able to head to the airport for evening flights.

German carrier Lufthansa said it had canceled both of its two scheduled flights to Cairo on Saturday. Air Berlin canceled one flight to Cairo. U.S. carrier Delta Airlines, which flies direct to Cairo from the U.S., said service to and from Cairo would be "indefinitely suspended as a result of civil unrest."

The violence that gripped Cairo, the Egyptian capital, and several other cities over the past few days has presented President Hosni Mubarak with the biggest challenge of his nearly 30-year rule. The protesters are demanding his ouster and that measures be taken to address rampant poverty and corruption, the…
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Dick Cheney’s Oily Dream

Dick Cheney’s Oily Dream

Courtesy of Washington’s Blog

Former British Prime Minister Tony Blair is currently saying that Dick Cheney’s vision of policy towards the Middle East after 9/11 was to re-draw the map:

Vice-President Dick Cheney’s vision of completely redrawing the map of the Middle East following the 9/11 attacks is "not stupid," and is "possible over time," former British Prime Minister Tony Blair says.

In his new book, A Journey, the former Labour Party leader wrote that Cheney wanted a wholesale reorganization of the political map of the Middle East after 9/11. The vice president "would have worked through the whole lot, Iraq, Syria, Iran, dealing with all their surrogates in the course of it — Hezbollah, Hamas, etc," Blair wrote.

What does this mean?

Well, as I have repeatedly pointed out, the "war on terror" in the Middle East has nothing to do with combating terror, and everything to do with remaking that region’s geopolitical situation to America’s advantage.

For example, as I noted in January::

Starting right after 9/11 — at the latest — the goal has always been to create "regime change" and instability in Iraq, Iran, Syria, Libya, Sudan, Somalia and Lebanon; the goal was never really to destroy Al Qaeda. As American reporter Gareth Porter writes in Asia Times:

Three weeks after the September 11, 2001, terror attacks, former US defense secretary Donald Rumsfeld established an official military objective of not only removing the Saddam Hussein regime by force but overturning the regime in Iran, as well as in Syria and four other countries in the Middle East, according to a document quoted extensively in then-under secretary of defense for policy Douglas Feith’s recently published account of the Iraq war decisions. Feith’s account further indicates that this aggressive aim of remaking the map of the Middle East by military force and the threat of force was supported explicitly by the country’s top military leaders.
Feith’s book, War and Decision, released last month, provides excerpts of the paper Rumsfeld sent to President George W Bush on September 30, 2001, calling for the administration to focus not on taking down Osama bin Laden’s al-Qaeda network but on the aim of establishing "new regimes" in a series of states
***
General Wesley Clark, who commanded the North Atlantic


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Irony: Our Huge Military Is What Made Us an Empire… But Our Huge Military is What Is Bankrupting Us, Thus DESTROYING Our Status as an Empire

Irony: Our Huge Military Is What Made Us an Empire … But Our Huge Military is What Is Bankrupting Us, Thus DESTROYING Our Status as an Empire

Courtesy of Washington’s Blog

As I’ve previously pointed out, America’s military-industrial complex is ruining our economy.

And U.S. military and intelligence leaders say that the economic crisis is the biggest national security threat to the United States. See this, this and this.

As RT points out, it is ironic that America’s huge military spending is what made us an empire … but our huge military is what is bankrupting us … thus destroying our status as an empire:

No wonder people from opposite ends of the political spectrum like Barney Frank and Ron Paul are calling for a reduction in military spending.


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McChrystal’s Balls – Honorable Discharge

H/t Barry Ritholtz 

McChrystal’s Balls – Honorable Discharge

 

The Daily Show With Jon Stewart Mon – Thurs 11p / 10c
McChrystal’s Balls – Honorable Discharge
www.thedailyshow.com
Daily Show Full Episodes Political Humor Tea Party

 


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Tensions Mount in Asia; North Korea Prepares for Combat; South Korea Won Sinks to 8-Month Low

Tensions Mount in Asia; North Korea Prepares for Combat; South Korea Won Sinks to 8-Month Low; Futures Sink, Nikkei Hammered Again

Courtesy of Mish 

Smack in the midst of a "global recovery" tensions are heating up in Asia. Please consider Kim Jong II Orders Military to Get Ready for Combat

North Korean leader Kim Jong II ordered the country’s military to get ready for combat in a message televised nationwide last week following South Korea’s announcement that North Korea torpedoed the South’s warship.

South Korea’s President Lee Myung Bak said yesterday the country will push for United Nations censure against North Korea for the March 26 sinking of a naval ship, which killed 46 sailors. A multinational team concluded on May 20 that North Korea fired a torpedo to split apart the 1,200-ton Cheonan.

Tensions are rising in the Korean peninsula following the report, with both sides threatening counter-measures should they come under attack. South Korea plans to define North Korea as its “main enemy” when it maps out military strategy, Yonhap reported today, citing a government official it didn’t identify.

South Korea’s Won Sinks to 8-Month Low

Inquiring minds may be interested to note South Korea’s Won Sinks to 8-Month Low on Tensions With North.

South Korea’s won slumped to an eight-month low on growing hostilities with the North over the sinking of one of the South’s warships with the loss of 46 lives.

The U.S. yesterday announced plans to conduct joint anti- submarine exercises with South Korea as “a result of the findings of this recent incident.” Japan will consider imposing financial sanctions on North Korea, Finance Minister Naoto Kan said at a news conference in Tokyo today.

“We won’t see the bottom of this fall until we hear some good news on North Korea,” said Cho Hyun Seok, a currency dealer at Kookmin Bank in Seoul. “The won’s exchange rate can go as high as 1,260 won per dollar.”

The military exercises are among steps the U.S. and South Korea are pursuing, including possible further United Nations sanctions, in response to the March sinking of the 1,200-ton Cheonan. The U.S. and South Korea say evidence shows the explosion was caused by a North Korean torpedo.

Asian Stocks Fall to 10-Month Low, Won Dives, Commodities Drop 

Please consider Asian Stocks Fall to 10-Month Low, Won Dives, Commodities Drop

The MSCI Asia Pacific Index


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The Economic Elite Vs. The People of the United States of America (I – III)

Full Report: The Economic Elite Vs. The People of the United States of America (Parts I-III)

Courtesy of David DeGraw, AmpedStatus Report

This report was originally released as a six-part series. The first part was published on February 15, 2010. The last part was published on February 27, 2010.  

 

“The American oligarchy spares no pains in promoting the belief that it does not exist,
but the success of its disappearing act depends on equally strenuous efforts
on the part of an American public anxious to believe in egalitarian fictions
and unwilling to see what is hidden in plain sight.”
– Michael Lind, To Have and to Have Not

 

The Economic Elite Vs. The People of the United States of America

 

It’s time for 99% of Americans to mobilize and aggressively move on common sense political reforms.

Yes, of course, we all have very strong differences of opinion on many issues. However, like our Founding Fathers before us, we must put aside our differences and unite to fight a common enemy.

It has now become evident to a…
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US Said to Ready Special Armed Forces Unit For Domestic Deployment in Case of Disaster or Civil Unrest

US Said to Ready Special Armed Forces Unit For Domestic Deployment in Case of Disaster or Civil Unrest

Protesters clash with police in front of the government building in Sarajevo

Courtesy of JESSE’S CAFÉ AMÉRICAIN

Although the National Guard has been used in the past to deal with protests, they were called by the state governors and were not acting at the direction of the Federal government.

"The Posse Comitatus Act is a United States federal law (18 U.S.C. § 1385) passed on June 18, 1878, after the end of Reconstruction, with the intention (in concert with the Insurrection Act of 1807) of substantially limiting the powers of the federal government to use the military for law enforcement. The Act prohibits most members of the federal uniformed services (today the Army, Navy, Air Force, and State National Guard forces when such are called into federal service) from exercising nominally state law enforcement, police, or peace officer powers that maintain "law and order" on non-federal property (states and their counties and municipal divisions) within the United States.

The statute generally prohibits federal military personnel and units of the National Guard under federal authority from acting in a law enforcement capacity within the United States, except where expressly authorized by the Constitution or Congress. The Coast Guard is exempt from the Act during peacetime."

I wonder if this is true, and if the Obama Administration intends to deploy Federal troops, or declare martial law, this summer prior to the elections. I am not familiar with the Newark Examiner.

It does not seem consistent with the law, because this is a regular army regiment. The provisions for their deployment passed during the Bush Administration had been repealed, setting the use of troops back to the conditions of Insurrection as I recall.

I believe that is the premise by which the government directed MacArthur to lead regular army troops to dispel the WWI veterans from the Capitol in the last Great Depression.

Even in the race riots of the 1960′s which were in many cases armed and dangerous, the National Guard was deployed at the direction of the state’s governor. I am not aware of any other legal precedents or rules on this. Perhaps someone else can oblige.

P.S. A reader informs me that this news report is from a ‘conservative’ news source that has a
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China and the U.S.: Too Big to Fail

China and the U.S.: Too Big to Fail

china - TIME By Jeffrey Wasserstrom, courtesy of TIME

 

Beijing has fervently denounced U.S. President Barack Obama’s plan to sell more arms to Taiwan, and loudly demanded that he break his coming date with the Dalai Lama. Is this proof that China-U.S. relations have entered a radically new and deeply worrisome phase?

It’s tempting to see it that way. There has been much talk of China ruling the world and the clash of civilizations this would prompt. Much has been made of the notion that Chinese leaders have been showing an unexpected cockiness vis-à-vis the U.S. of late, tightly controlling what Obama did when in China, refusing to follow American leads in Copenhagen and then lambasting Secretary of State Hillary Clinton for criticizing Beijing in a Jan. 21 speech on Internet freedom. But it’s a temptation worth resisting.

China’s long, slow return to great-power status is of historic importance and something that will lead to recalibrations of many diplomatic relationships, including that between Washington and Beijing. But as foolish as it would be to ignore this, it’s equally foolish to see too much novelty in headline-grabbing stories that fit neatly within established patterns. Chinese officials have expressed outrage before about meetings between foreign leaders and the Dalai Lama. And the Taiwan arms tale follows an even more familiar script. There’s nothing new about a U.S. Administration announcing, as Obama’s just did, that it’s going to sell military hardware to Taiwan. Nor is there anything new about Beijing treating this announcement as proof that the U.S. lacks respect for Chinese sovereignty and for the principles of the "one China" policy that, since the 1970s, has provided the groundwork for relations between the two.

Both sides need to guard against overstating the extent to which the landscape of the international order has changed and against treating China’s rise as a more exotic development than it actually is. Keeping these four things in mind should help:

• Just as all politics is local (to a degree), all diplomacy is domestic (to a large extent). China’s dramatic growth may have increased its ability to be less deferential toward the U.S. But when officials loudly proclaim that foreign leaders should steer clear of the Dalai Lama, lash out against Clinton’s "information imperialism" or stoke popular indignation about Taiwan, their motivation is largely a desire to…
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Zero Hedge

Medal Of Honor Recipient Warns: "It's Going To Come Here... Trump Must Release The Gates Of Hell" On Islamic State

Courtesy of ZeroHedge. View original post here.

Authored by Mac Slavo via SHTFplan.com,

With British Prime Minister Theresa May warning that another attack may be imminent, Medal of Honor Recipient Dakota Meyer says that it’s time to strike Islamic State strongholds with...



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Phil's Favorites

Ben Carlson on Market Breadth

 

Ben Carlson on Market Breadth (Video)

Courtesy of Joshua Brown, The Reformed Broker

Ben had a hit on Bloomberg TV last night talking about his recent piece on market breadth and why it’s perfectly normal to see the market being led higher by some very big winning stocks. His research shows that this is always the case during bull markets and that broader measures of the internals are healthy, not sick.

Check this out:

…and you can read his expanded thoughts on ...



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ValueWalk

Neil Howe Of The Fourth Turning - We Are In The 1930s; "Winter is coming"

By Mauldin Economics. Originally published at ValueWalk.

By Mauldin Economics From the Balkans to the US, walls are going up, not down, according to demographer and The Fourth Turning author Neil Howe.

Speaking to a packed crowd at Mauldin Economics’ Strategic Investment Conference in Orlando, Howe said we are reliving many of the same trends and changes of the 1930s.

Faith in Democracy Is Fading

“Worldwide, people are losing trust in institutions,” he said. “Trust in the military, small business, and police is still there. But trust in democracies, media, and politicians is dropping.”

“When was the last time we saw these changes and the rise of right-wing populism?” he asked....



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Digital Currencies

Bitcoin Is Crashing (Again)

Courtesy of Zero Hedge

While Bitcoin is still up 13% on the week (its 8th weekly ruse of the last 9), the dollar price of the virtual currency is collapsing again in US trading (after a big rebound during the Asian session)...

Just as with yesterday, there is no immediate news catalyst for the flush.

Meanwhile, the huge arb with South Korea bitcoin pricing remains, and as of this moment is still nearly $1000.

Today's drop ...



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Market News

News You Can Use From Phil's Stock World

 

Financial Markets and Economy

U.S. stocks scale new peaks on retailer results; oil falls (Reuters)

Two top U.S. equity indexes scaled record peaks on Thursday after strong earnings reports from retailers, outpacing European shares which were little changed, while oil prices plunged after top crude producers extended output cuts for a shorter period than expected.

Hedge Funds Squeezed by World's Highest Rents Are Moving Out (Bloomberg)

Benjamin Fuchs raised eyebrows five years ago when he opened his hedge fund next to a place selling live chickens in Hong Kong’s hustling, bustl...



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Chart School

S&P Breakout on Higher Volume Accumulation

Courtesy of Declan.

While I expected the Dow Jones to be the breakout flyer, instead it was the S&P which led the charge on higher volume accumulation.  Technicals are all in the green with a return of the MACD trigger 'buy'.



The Dow did manage to break past 21,000 with a MACD trigger 'buy' but it's still contained by all-time high resistance at 21,200. The index is still well positioned for a larger breakout, but this is the sixth day of consecutive gains for the index so some pullback can be expe...

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Members' Corner

Robert Sapolsky: The biology of our best and worst selves

Interesting discussion of what affects our behavior. 

Description: "How can humans be so compassionate and altruistic — and also so brutal and violent? To understand why we do what we do, neuroscientist Robert Sapolsky looks at extreme context, examining actions on timescales from seconds to millions of years before they occurred. In this fascinating talk, he shares his cutting edge research into the biology that drives our worst and best behaviors."

Robert Sapolsky: The biology of our best and worst selves

Filmed April 2017 at TED 2017

 

p.s. Roger (on Facebook) saw this talk and recommends the book ...



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OpTrader

Swing trading portfolio - week of May 22nd, 2017

Reminder: OpTrader is available to chat with Members, comments are found below each post.

 

This post is for all our live virtual trade ideas and daily comments. Please click on "comments" below to follow our live discussion. All of our current  trades are listed in the spreadsheet below, with entry price (1/2 in and All in), and exit prices (1/3 out, 2/3 out, and All out).

We also indicate our stop, which is most of the time the "5 day moving average". All trades, unless indicated, are front-month ATM options. 

Please feel free to participate in the discussion and ask any questions you might have about this virtual portfolio, by clicking on the "comments" link right below.

To learn more about the swing trading virtual portfolio (strategy, performance, FAQ, etc.), please click here ...



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Biotech

Beyond just promise, CRISPR is delivering in the lab today

Reminder: Pharmboy is available to chat with Members, comments are found below each post.

Beyond just promise, CRISPR is delivering in the lab today

Courtesy of Ian HaydonUniversity of Washington

Precision editing DNA allows for some amazing applications. Ian Haydon, CC BY-ND

There’s a revolution happening in biology, and its name is CRISPR.

CRISPR (pronounced “crisper”) is a powerful technique for editing DNA. It has received an enormous amount of attention in the scientific and popular press, largely based on the promise of what this powerful gene e...



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Kimble Charting Solutions

Brazil; Waterfall in prices starting? Impact U.S.?

Courtesy of Chris Kimble.

Below looks at the Brazil ETF (EWZ) over the last decade. The rally over the past year has it facing a critical level, from a Power of the Pattern perspective.

CLICK ON CHART TO ENLARGE

EWZ is facing dual resistance at (1), while in a 9-year down trend of lower highs and lower lows. The counter trend rally over the past 17-months has it testing key falling resistance. Did the counter trend reflation rally just end at dual resistance???

If EWZ b...



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Mapping The Market

Bombing - Right or Wrong?

Courtesy of Jean-Luc

I am telling you Angel – makes no sense… BTW:

Republicans Love Bombing, But Only When a Republican Does It

By Kevin Drum, Mother Jones

A few days ago I noted that Republican views of the economy changed dramatically when Donald Trump was elected, but Democratic views stayed pretty stable. Apparently Republicans view the economy through a partisan lens but Democrats don't.

Are there other examples of this? Yes indeed. Jeff Stein points to polling data about air strikes against Syria:

Democr...



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Promotions

Free eBook - "My Top Strategies for 2017"

 

 

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Phil has a chapter in a newly-released eBook that we think you’ll enjoy.

In My Top Strategies for 2017, Phil's chapter is Secret Santa’s Inflation Hedges for 2017.

This chapter isn’t about risk or leverage. Phil present a few smart, practical ideas you can use as a hedge against inflation as well as hedging strategies designed to assist you in staying ahead of the markets.

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All About Trends

Mid-Day Update

Reminder: Harlan is available to chat with Members, comments are found below each post.

Click here for the full report.




To learn more, sign up for David's free newsletter and receive the free report from All About Trends - "How To Outperform 90% Of Wall Street With Just $500 A Week." Tell David PSW sent you. - Ilene...

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