Rand Paul Slams US Interventionists’ “Unhinged Foreign Policy” For Abetting The Rise Of ISIS

As the murderous, terrorist Islamic State continues to threaten Iraq, the region and potentially the United States, it is vitally important that we examine how this problem arose. Any actions we take today must be informed by what we’ve already done in the past, and how effective our actions have been.
Shooting first and asking questions later has never been a good foreign policy. The past year has been a perfect example.
In September President Obama and many in Washington were eager for a U. S. intervention in Syria to assist the rebel groups fighting President Bashar Assad’s government. Arguing against military strikes, I wrote that “Bashar Assad is clearly not an American ally. But does his ouster encourage stability in the Middle East, or would his ouster actually encourage instability?”
The administration’s goal has been to degrade Assad’s power, forcing him to negotiate with the rebels. But degrading Assad’s military capacity also degrades his ability to fend off the Islamic State of Iraq and al-Sham. Assad’s government recently bombed the self-proclaimed capital of ISIS in Raqqa, Syria.

This post was published at Zero Hedge on 08/29/2014.

Russia Invades Ukraine, ISIS Update, Israel-Hamas Cease Fire and More!

The following video was published by Greg Hunter on Aug 28, 2014
I have been predicting wider war in Ukraine, and now we have one with the Russian invasion of Eastern Ukraine. The President said in a press conference that there is not going to be a military response to this escalation, but my sources say the U. S. has been covertly helping the Ukrainians. How do you think they have been able to overtake the pro-Russian separatists in Eastern Ukraine? Looks like Vladimir Putin has had enough and is now directly involved with his military.
Meanwhile, in the Middle East, everyone is talking about ISIS or ISIL or, simply, the Islamic State. The Islamic State has taken over large parts of Iraq and Syria. Now, the Islamic State is threatening the Golan Heights on the Northern Israeli border. The President said in a press conference he ‘did not have a strategy’ for dealing with the Islamic State. What??? This after the Secretary of Defense and the head of the Joint Chiefs gave a press conference that said the Islamic State was an ‘imminent threat’ and that IS was ‘not like anything we have seen.’
The Israelis and Hamas have agreed to another cease-fire. The Israelis wanted Hamas to disarm before they opened the borders of Gaza and extended fishing off the coast. The new cease-fire allows the borders to be open for humanitarian aid and construction material to rebuild Gaza. Hamas did not agree to disarm. So, why did the Israelis cave in? I think that the military wing of Hamas has been damaged so badly that it is now much less of a threat. Israel sees wider war coming and wants Washington to resupply it with offensive weapons such as Sidewinder missiles that the Obama Administration stopped recently.

Forget Geopolitical De-Escalation – Here’s The Real Reason Why Oil Is Tumbling

As with every other asset-class in the world now, fundamentals have taken a very distant back-seat to both liquidity (flow) and positioning (technicals) as traders are increasingly (in one way or another) on the same side of the same trade. Mainstream media will proclaim US energy “independence”, US sanctions ‘winning’ over Putin, or US airstrikes ‘calming’ down Middle East uncertainty; but the real reason oil is plunging is… the biggest mass liquidation of speculative longs in recorded 30 year history over the last few weeks…

This post was published at Zero Hedge on 08/26/2014.

McCain gets more support for hawkish plan for Islamic State, but will Obama follow?

Chris Wallace reports for Fox News. He reports: Sen. John McCain, one of Congress’ most hawkish members, called on President Obama Sunday to show greater leadership in the international fight to eliminate Islamic State and to present a more comprehensive plan to eliminate such terror groups in the Middle East. (Image: John McCain)
‘The president has to articulate the challenge and what we need to do to meet it,’ McCain, R-Ariz., a member of the Senate Committee on Armed Services, told ‘Fox News Sunday.’ ‘That’s what has to be explained to the American people. And I think they will follow.’
His remarks follow the startling rise of Islamic State in northeast Syria through northern Iraq, and, most recently, the group’s beheading of American journalist James Foley — allegedly in retaliation for U. S. airstrikes in Iraq.

This post was published at GotGoldReport on Sunday, August 24, 2014

Cornel West Blasts Obama Is A “Brown-Faced Clinton”, A “Post-Traumatic Depression” Will Follow

Outspoken Union Theological Seminary professor Cornel West goes where very few ‘thinkers-of-color’ have had the courage to go in this interview with Salon’s Thomas Frank: “The thing is, [Obama] posed as a progressive and turned out to be counterfeit. We ended up with a Wall Street presidency, a drone presidency, a national security presidency. The torturers go free. The Wall Street executives go free… we ended up with a brown-faced Clinton. Another opportunist. Another neoliberal opportunist… So you got low-quality black leadership. Al Sharpton is who? He’s a cheerleader for Obama… Eric Holder won’t touch the Wall Street executives; they’re his friends… I think a post-Obama America is an America in post-traumatic depression.”
Excerpted from Salon,
…how do you feel things have worked out since then, both with the economy and with this president? That was a huge turning point, that moment in 2008, and my own feeling is that we didn’t turn.
No, the thing is he posed as a progressive and turned out to be counterfeit. We ended up with a Wall Street presidency, a drone presidency, a national security presidency. The torturers go free. The Wall Street executives go free. The war crimes in the Middle East, especially now in Gaza, the war criminals go free. And yet, you know, he acted as if he was both a progressive and as if he was concerned about the issues of serious injustice and inequality and it turned out that he’s just another neoliberal centrist with a smile and with a nice rhetorical flair. And that’s a very sad moment in the history of the nation because we are – we’re an empire in decline. Our culture is in increasing decay. Our school systems are in deep trouble. Our political system is dysfunctional. Our leaders are more and more bought off with legalized bribery and normalized corruption in Congress and too much of our civil life. You would think that we needed somebody – a Lincoln-like figure who could revive some democratic spirit and democratic possibility.

This post was published at Zero Hedge on 08/24/2014