QE Forever And Ever?

The Extraordinary Becomes Normal

The lunatics are running the asylum. This is the only conclusion one can come to when considering the nonchalance with which what was once considered an extraordinary policy with a firm ‘exit’ in mind is now propagated as a perfectly normal ‘tool’ to be employed at the drop of a hat.

We refer of course to so-called ‘quantitative easing’ (QE), which really is a euphemism for money printing [...]

Iran Is Readying A ‘Nightmare Scenario’ For The US Navy

It’s getting easy to overlook the tired rhetoric and hollow tension surrounding Iran, the U.S. and Israel.

 

It’s been months, and months since the back-and-forth began. First, Iran’s shutting the Strait of Hormuz, then its saying it’d never shut the strait. Then Israel’s planning a solo attack. No, they’re not.

It’s frustrating, but that doesn’t mean the situation couldn’t turn ugly at the drop of a hat.

Joby Warick at The Washington Post reports improved Iranian weapons and an enhanced plan [...]

FBI warns of threat from anti-government ‘extremists’

(Reuters) – Anti-government extremists opposed to taxes and regulations pose a growing threat to local law enforcement officers in the United States, the FBI warned on Monday.

These extremists, sometimes known as “sovereign citizens,” believe they can live outside any type of government authority, FBI agents said at a news conference.

The extremists may refuse to pay taxes, defy government environmental regulations and believe the United States went bankrupt by going off [...]

This is the New Normal

I have a couple friends who have been out of work for nearly 2 years, both with college degrees and who work in the medical field. One also taught and the other even has 20 years experience as a paramedic before getting his radiologic sciences degree. One lives in Phoenix and the other in San Antonio, both places where you were able to get a job at the drop of [...]