When it comes to the Fed, Congress is mired in hypocrisy. The anti-regulation, de-regulation crowd on Capitol Hill shuts its mouth when it comes to the most powerful regulators of all - you and the Federal Reserve. Meanwhile, Congress goes along with the out-of-control, private government of the Fed—unaccountable to the national legislature. Moreover, your massive monetary injections scarcely led to any jobs on the ground, other than stock and bond processors.
- From the post: Ralph Nader Destroys the Federal Reserve in Open Letter - Calls it "Out of Control, Private Government"
Puppet Masters
"When you have a problem with the boat, [do] you apologize the boat had a problem? No," Biden said in an interview with CBS News on Wednesday. "And there was no looking for any apology. This was just standard nautical practice."

US Marines whose boats were seized by IRGC forces after trespassing in Iran's territorial waters.
The statement read, "Following the illegal and unpermitted entry of two American Navy vessels into the Islamic Republic of Iran's territorial waters near Farsi Island in the Persian Gulf on the evening of the previous day, the vessels stopped, obeying a warning by IRGC vessels, and their crewmembers, who comprised nine male Marines and one female Marine, were placed under arrest."
It added, "After technical and operational examinations done in interaction with the country's relevant political and national security authorities and the establishment of the inadvertent and unintentional nature of the entry by the American Navy crafts and their apology, a decision was made to free them."
The statement said the Americans had pledged not to repeat the mistake, adding, "...the arrested American Marines were released into international waters under IRGC Navy vessels' watch." Meanwhile, an unidentified US official confirmed to the CNN that the 10 Marines had been released and boarded US missile cruiser, USS Anzio.
On Monday, the commander of the United States Air Force in Europe, Gen. Frank Gorenc, described Russia's deployment of military hardware in Kaliningrad as a "very serious" development in an interview with the New York Times. Although the general mentioned that the Russians "have every right to lay that stuff out," he also noted that the US would "continue to monitor" the situation.
Gen. Gorenc has made similar comments before. In December, he told the Stars and Stripes newspaper that "the proliferation of A2/AD (anti-access/area denial) environments in Europe" was his number one concern, referring to Russian weapons in Crimea and Kaliningrad.
Militants of the Daesh terrorist group may push a "blitzkrieg" in Libya, the same way they did in Iraq in 2014, Michael Morrell, former acting director of the Central Intelligence Agency (CIA), said.
"They are currently expanding that territory and foreign fighters are beginning to go to Libya to fight with the ISIS [Daesh] group there. I would not be surprised if we woke up one morning and ISIS [Daesh] in Libya had grabbed a large part of Libyan territory. The same kind of blitzkrieg on a smaller scale that we saw in Iraq," Morrell testified before the House Armed Service Committee.
Comment: The fact that ISIS' paymasters are 'predicting' it means that, unfortunately, SOTT editors' and the Moriartys' predictions are coming true:
The nightmare is not over for Libya. In fact, it may only have just begun.
Western media AWOL as 'Islamic State' regroups in Libya: Interview with James & Joanne Moriarty
Poland views Hungary, Romania, Lithuania and Slovakia as its key partners but, ironically, "the common interests that bind Warsaw with one potential ally distance it from another," the Texas-based think tank noted.
Take European integration, for instance. The policies of the Law and Justice party, led by former Prime Minister Jaroslaw Kaczynski, reflect disenchantment with the EU and the idea of an ever greater union - a sentiment that Hungary shares and Lithuania does not.
Comment: It looks like Poland's new leadership are basing their international relations on NATO's anti-Russian, anti-Muslim hysteria - and surprise - it's not working out for 'em. Also see:
Along with the 'wiping-out-US' comments, Pyongyang added that the test "was neither to 'threaten' anyone nor to 'provoke' someone for a certain purpose." "It was a process indispensable for carrying out the WPK's - Workers' Party of North Korea - line on simultaneously carrying out the economic construction and the building of nuclear force to cope with the US ever-more undisguised hostile policy toward the DPRK," the agency said.
Comment: Ron Paul spoke about the hype that has been created over North Korea's nuclear program:
"Once this news is out there, propaganda machine starts working and these issues are hyped up. There are some people out there, some interested parties who have strong links to the media; they have strong links with the banking system and the military and when there are overthrow of governments I don't think even the president knows what is going on."See also:
Ron Paul said that it seems like these people have the control of the propaganda machine and these stories are used as a propaganda tool to serve someone's personal interest.
- Ron Paul: North Korea testing hydrogen bomb a reaction to US foreign policy of interventionism
- More fear mongering: U.S. sends stealth bombers to South Korea for military drills
- North Korea claims fully successful 'hydrogen bomb' test
Update: Iran plans to return the crewmen to a ship from the USS Truman carrier strike group on Wednesday.
So we suppose we can just call the sailors "State of the Union hostages". The rationale for waiting until tomorrow (i.e. until after Obama's speech): it's safer to carry out the exchange in daylight, according to an unnamed US official.
In short, the Ayatollah has just pulled off one epic publicity stunt.
Tensions were already running high between Tehran and Washington in the wake of Iran's move to test-fire a next generation surface-to-surface ballistic missile with the range to hit Israel.
And then the IRGC conducted a live-fire rocket test within 1,500 yards of a US aircraft carrier in the Strait of Hormuz.
Now, in a further escalation, Iran has reportedly seized two US Navy ships.
Comment: Iran has drawn a line in the sand - they are serious about defending their territory. And yet the US media treats them as though they're the aggressor. How would the US react if Russian or Iranian ships continued to trespass onto American territory? They'd be howling for sanctions & the war hawks would be demanding troops on the ground!
The EU will be a major loser as will the present citizens of Iraq and Syria, as well as the Kurdish Turkish population for starters. Erdogan's Turkish "sultanate" will be destroyed at a great cost, as will King Salman's pre-feudal Kingdom as an influence in world power games.
It's necessary to look more closely at the elements and key players preparing this new war, a war which it is likely will not last beyond perhaps the summer of 2016.
Comment: Though this analysis may be an accurate portrayal of Saudi Arabia's, Turkey's, and Washington's plans, there is many a slip 'twixt the cup and the lip. After all, the Russian coalition is no doubt well aware of the duplicity involved in this 'political transition' and 'ceasefire'.
The pictures of prime terror suspect were taken at a petrol station on the Belgium border at 9:30am local time on November 14, just a day after one of the deadliest attacks in France.
Both Abdeslam and his friend Hamza Attou look at ease, the images show. Attou was later detained and charged for "assisting in terrorist activity" for driving Abdeslam to Belgium.
Their relaxed mood can be explained by the fact that media hadn't yet released the photos of Abdeslam and he had not been named the major suspect in the Paris attacks. The pair might have also been high, as Attou's lawyer said that they had smoked a cannabis joint.
Comment: Perhaps their nonchalance could also be explained by a lack of involvement in the Paris attacks.














Comment: Cooler heads prevailed. This could have been a much bigger "deal" breaker.