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Mike Norman Economics

Intel Today — Gina Haspel Becomes First Female CIA Director

“The new CIA director was a key part of the torture program and its illegal cover-up. Her name was on the Top Secret order demanding the destruction of tapes to prevent them being seen by Congress. Incredible.” — Edward Snowden 'Nuff said. Consistent with Trump's views on the use of torture. Intel TodayGina Haspel Becomes First Female CIA Director LAlsoMoon of AlabamaTrump Votes For Rexit - Torture Girl To Become CIA Director bAlsoThe Cipher BriefHaspel Nominated to Lead CIA, Pompeo to...

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Col. W. Patrick Lang — Looks like Mattis is the grown up in the room

I think that Pompeo's nomination and his eventual confirmation brings the world closer to a US-Russia war. If that happens it will be difficult if not impossible to keep the war from escalating toward the use of nuclear weapons. Israel wants war, a wrecking war with Iran. Israel wants the US to win that war for Israel. IMO Israel would be wrecked in such a war whatever the outcome. This is an August, 1914 moment. Sic Semper TyrannisLooks like Mattis is the grown up in the roomCol. W....

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John Helmer — Fourteen and a Half Certainties About the Case of Sergei Skripal

What you won't be reading in the lamestream media that has rushed to judgment.****************** John Helmer recaps what is known about the evidence.Dances with BearsFourteen and a Half Certainties About the Case of Sergei Skripal John HelmerAlso Applying the principle of cui bono – who benefits? – to the case of Sergei Kripal might lead investigators away from the Kremlin as the prime suspect and towards Western intelligence agencies, argues James O’Neill. Consortium News The Strange Case...

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Peter Turchin Can Fascism Happen Here?

Peter Turchin equates fascism with tyranny, but I don't think that is correct. Fascism is a modern political theory, while tyranny is a political category proposed by Plato, as Professor Turchin notes. The "tyrants" of history were what now call "dictators," although the Latin term "dictator" had a somewhat different meaning classically from the Greek "tyrannos." Thus, equating fascism with tyranny as usurpation of absolute power as sole ruler involves a category error, on one hand, and it...

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Wolf Richter — Trump’s Order Stops ALL Foreign Takeovers of Large US Tech Companies

President Trump signed a far-ranging executive order late Monday that blocked the $117-billion hostile takeover of Qualcomm by Broadcom, a Singapore-based company, on concerns over national security. This crushed any hopes that remained in some corners of seeing what would have been the largest tech deal ever. But the order was far broader: It blocked all such deals.... Wolf StreetTrump’s Order Stops ALL Foreign Takeovers of Large US Tech CompaniesWolf Richter

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Reuters — China plans new ministries and merger of regulators in massive government revamp

China is planning to merge its banking and insurance regulators, and create a national markets supervision management bureau, in parliament documents released on Tuesday. It will also transfer some of the banking and insurance regulators' roles to the central bank, documents showed. Plans also include forming a powerful new competition regulator in a bid to ramp up oversight of mergers and acquisitions and price-fixing. CNBCChina plans new ministries and merger of regulators in massive...

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Zero Hedge – House Intel Committee Ending Russia Probe, Says No Collusion Found; Trump Responds

In a surprise announcement, Republican Rep. Mike Conaway - who has been overseeing the committee's probe into whether or not Trump and his associates colluded with Russia - said that the committee is closing its probe with the conclusion that there was no collusion, as President Trump has insisted all along: Zero Hedge - House Intel Committee Ending Russia Probe, Says No Collusion Found; Trump Responds

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