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Global nuclear conflict between US, Russia, China likely if Iran talks fail

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A global conflict between the US, Russia, and China is likely in the coming months should the world powers fail to reach a nuclear deal with Iran, an American analyst says. “If the talks fail, if the agreements being pursued are not successfully carried forward and implemented, then there would be enormous international pressure to drive towards a conflict with Iran before [US President Barack]... 

Obama Secret Service Agent: “It’s Worse Than People Know”

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You may have your suspicions about what’s going on behind closed doors at the White House. But according to one of President Obama’s former body guards it’s much worse than we can even imagine. Dan Bongino has protected numerous Presidents over his career, including President Obama. He has been within ear-shot of many a discussion in the Oval Office, but up until this administration has stayed... 

Obama told his top aides he is 'really good at killing people' - New book

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US President Barrack Obama has told his top aides during the 2012 presidential campaign that he is “really good at killing people”, according to a new book. The book titled “Double Down: Game Change 2012,” is written by journalists Mark Halperin and John Heilemann. According to the book, the US president made the remarks while discussing country’s controversial assassination drone... 

Obama stops NSA spying on IMF, World Bank headquarters

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US President Barack Obama has called on the National Security Agency to halt spying on the headquarters of the International Monetary Fund and World Bank in conjunction with a review of surveillance activities, Reuters reported. A US official told the news agency that President Obama curbed the spying within the last few weeks, around the same time he told the NSA to stop eavesdropping on the United... 

Obama ‘knew and approved’ NSA spying on Chancellor Merkel

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President Obama was aware of NSA spying on German Chancellor Angela Merkel since 2010, German media have revealed. An NSA spokeswoman later denied the allegations. According to German Bild am Sonntag newspaper, which cited US intelligence sources, National Security Agency chief Keith Alexander briefed Obama on the bugging operation against Merkel in 2010. “Obama did not halt the operation but... 

US spied on phone calls of 35 world leaders

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A new document by American whistleblower Edward Snowden reveals that the United States has monitored the telephone conversations of 35 world leaders. The Guardian reported on Thursday that officials from the White House, the US Department of Defense, and the State Department gave the world leaders’ numbers to the National Security Agency. One unnamed American official handed over 200 numbers, including... 

Obama Readies Military for Domestic Gun Confiscation

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Alex Jones highlights three instances and numerous articles in the last year and a half where soldiers have contacted his radio show to warn of the Army’s litmus tests, which gauge whether they will fire on American citizens or engage in gun confiscation, National Guardsman who confiscated guns from people protecting their property and freedoms. Source  Read More »

China, gold prices & US default threats

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In the very days when a deep split in the US Congress threatened a US government debt default, the gold price should normally jump through the roof, yet the opposite was the case. It is worth a closer look why. Since August 1971, when US President Richard Nixon unilaterally tore up the Bretton Woods Treaty of 1944 and told the world that the Federal Reserve ‘gold window’ was permanently closed,... 

US debt surges $328 billion in single day, surpassing $17 trillion for first time

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Just one day after President Barack Obama signed into law a bipartisan deal to end the government shutdown and avoid default, the US debt surged a record $328 billion, the first day the government was able to borrow money. Fasten your seatbelt, because the US debt rate is racing out of control and nobody seems to know where or when the spending will end: The US debt now equals $17.075 trillion, according... 

'Manufactured' crisis cost US $24bn - S&P

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Standard & Poor’s says the shutdown in total cost the US economy $24 billion, or $1.5 billion per day, the rating agency said Wednesday. The agency also estimated the shutdown will pare fourth quarter GDP by 0.6 percent. Obama has signed legislation that will avoid a technical debt default, ending the 16-day partial shutdown of the government that has cost the world’s largest economy... 

US avoids default as Congress passes deal to end shutdown

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US President Barack Obama has signed legislation passed by Congress Wednesday to temporarily lift the debt ceiling and end the government shutdown, averting the threat of default just hours before the October 17 deadline. The legislation funds the government through to January 15 and lifts the $16.7 trillion debt ceiling until February 7. The White House budget director, Sylvia Mathews Burwell, said... 

US Senate to announce debt limit deal

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Republican and Democratic leaders in the US Senate are reportedly “very close” to announcing a deal on the nation’s borrowing authority that would avert an unprecedented default on US debt. Harry Reid and Mitch McConnell, the Senate majority and minority leaders held talks on Wednesday morning as the Thursday deadline on the debt limit is fast approaching. The US Treasury taps out its reserves... 

White House rejects House Republican proposal

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The White House has rejected a new proposal by House Republicans to prevent a debt default less than two days before the debt ceiling deadline. “The president has said repeatedly that Members of Congress don’t get to demand ransom for fulfilling their basic responsibilities to pass a budget and pay the nation’s bills,” White House spokeswoman Amy Brundage said in a statement on Tuesday. “Unfortunately,... 

Plan B: Central banks getting ready for financial Armageddon

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If the US debt-ceiling debate goes past the eleventh hour, and the default of the world’s largest economy becomes a reality, leading central banks around the world are gearing up to minimize losses and keep the world economy functioning. If US lawmakers don’t reach a budget consensus and raise the debt ceiling by Thursday October 17, the US will become the first Western power to default since... 

US in gridlock as government shutdown nears third week

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As the US government shutdown nears its third week, Republicans and Democrats in Congress have been unable to strike a deal over the budget and raise the nation’s borrowing authority to avert a default. Since efforts in the House of Representatives to reach a fiscal deal failed last week, negotiations on ending the shutdown and avoiding a potential federal default have shifted to the Senate. Senate... 
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