Jim’s Mailbox

Posted at 1:42 PM (CST) by & filed under Jim's Mailbox.

Jim,

As I have said previously, is the wall to keep US citizens in or immigrants out!?

Dave

Worldwide Effort To Restrict Everyone’s Right To Travel Is Close To A Reality
February 14, 2019

According to a recently published white paper there is a worldwide effort to restrict the right to travel of everyone. And you will not believe how the U.N. is involved.

A recent article at PapersPlease.org warns that the Organization for Security and Co-operation in Europe (OSCE) wants to check every airline passenger’s background and send airlines an “Authority to Carry” before a passenger is allowed to board a plane.

 

 

 

 

 

 

 

 

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Jim,

This is written by a man who has been there.

Dave

Empire of Absurdity: Recycled Neocons, Recycled Enemies
March 19, 2019

There are times when I wish that the United States would just drop the charade and declare itself a global empire. As a veteran of two imperial wars, a witness to the dark underside of America’s empire-denial, I’ve grown tired of the equivocation and denials from senior policymakers. The U.S. can’t be an empire, we’re told, because – unlike the Brits and Romans – America doesn’t annex territories outright, and our school children don’t color its colonies in red-white-and-blue on cute educational maps.

But this distinction, at root, is rather superficial. Conquest, colonization, and annexation are so 19th century – Washington has moved beyond the overt and engages in the (not-so) subtle modern form of imperialism. America’s empire over the last two decades – under Democrats and Republicans – has used a range of tools: economic, military, political, to topple regimes, instigate coups, and starve “enemy” civilians. Heck, it didn’t even start with 9/11 – bullying foreigners and overturning uncooperative regimes is as American as apple pie.

Still, observing post-9/11, post-Iraq/Afghanistan defeat, Washington play imperialism these days is tragicomically absurd. The emperor has no clothes, folks. Sure, America (for a few more fleeting years) boasts the world’s dominant economy, sure its dotted the globe with a few hundred military bases, and sure it’s military still outspends the next seven competitors combined. Nonetheless, what’s remarkable, what constitutes the real story of 2019, is this: the US empire can’t seem to accomplish anything anymore, can’t seem to bend anybody to its will. It’s almost sad to watch. America, the big-hulking has-been on the block, still struts its stuff, but most of the world simply ignores it.

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Jim,

Our veterans are speaking out.

Dave

Veterans Call on U.S. Troops to Resist Illegal Orders to Invade Venezuela
March 19, 2019

By Veterans For Peace (VFP)

“Information Clearing House” – Veterans For Peace (VFP) calls on all members of the U.S. military to refuse illegal orders to intervene in Venezuela. Furthermore, VFP urges all U.S. military leaders to inform the president that they will order their units to stand down from preparations to invade Venezuela. 

President Donald Trump has called on Venezuelan soldiers to disobey orders and join coup perpetrators headed by U.S.-backed opposition leader, Juan Guaidó.  If they do not do this, President Trump threatened: “You will find no safe harbor, no easy exit and no way out.  You will lose everything.”

Veterans For Peace President, Gerry Condon states, “While President Trump speaks of supporting democracy in Venezuela and Latin America, the real purpose of the U.S. assault on the Venezuelan government is to fully open the vast Venezuelan oil reserves to U.S. and other Western oil corporations as well as to destroy progressive governments in Latin America that put their own peoples’ needs above the profits of foreign corporations.”

Illegal, immoral and irresponsible U.S. actions, including “sanctions” (economic war) have already taken a great toll on the people Venezuela.  Nonetheless, the vast majority of Venezuelan people and military are standing firm against foreign intervention.

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Jim/Bill,

Inversion happening before your eyes!

After our manufacturing sector got sucker punched, it’s now the banks’ turn.

With spending out of control, debt at unimaginable levels, and a tanking economy, is there any hope to resuscitate the victim?

 

 

 

 

 

CIGA Wolfgang Rech

Curve Crushed: 2Y, 3Y And 5Y Treasury Yields Plummet Below The Fed Funds Rate
March 20, 2019

Some were convinced there was no way Powell could surprise markets dovishly. They were wrong.

And to get a sense of just how dovish the Fed’s statement was, look no further than the yield curve where everything to the left of the 7Y Treasury (and even that is in danger), is now inverted to the effective Fed Funds rate (2.40%), with 2Y and 3Y yields tumbling to 2.326%, and 5Y 2.3858%.

 

 

 

 

 

 

 

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