Wednesday, March 23, 2016

Why we need to beat Russia

by Cathal Haughian
Trust and Liberty

250,000 capitalists read the Financial Times, and it has been our undertaking to chronicle our understanding of capitalism via our book The Philosophy of Capitalism. A team has answered the question ‘What is The Nature of the Monetary System?’ The Monetary system has three layers – the core is Religion and the unconscious mind – as they formed first. The outer layer is operational and intersects with geopolitics, it explains:
Why we need to beat Russia
We may see Syria as a testing ground for Imperial Power. Russia has tested our influence and shown the World it’s wanting, so it’s crucial to appreciate why and of what consequence.

My Office Not Under Threat, Squabbles Among Party Members Normal – APC Chairman, Oyegun

National Chairman of the All Progressives Congress, APC, Chief John Odigie-Oyegun, yesterday dispelled speculations that his office was under threat, adding that the party has set up a committee to resolve the skirmishes and division among party members.

Noting that skirmishes among party members were normal, Oyegun told State House correspondents at the end of APC Caucus meeting with President Muhammadu Buhari last night that the challenges that followed past elections will soon be a thing of the past.
According to him, “Skirmishes among party members are normal. We have set up a committee that is looking into all those issues and will resolve those issues.

Court Stops Ekiti Airport Project

The Ekiti State Governor, Ayo Fayose’s dream of building an airport has suffered a setback as land owners and plantation farmers displaced from the land on Wednesday secured a major court victory.
A High Court in Ado-Ekiti ruled that the forceful takeover of the land for the airport project and the destruction of economic trees, crops and buildings erected there were unconstitutional, unlawful, illegal, null, void and of no effect.

UPDATED: 1.4trn Earmarked For Debt Servicing As Senate Passes ‘Controversial’ 2016 Budget.

The senate has passed the 2016 budget into law after weeks of delay.
Presenting a report on the budget, on Wednesday, Danjuma Goje, chairman senate committee on appropriation, said that the budget was “full of controversy”, but that the senate would not want to delay its passage by adding more controversies to it.
He said that there were lapses in the budget, but that the committee had to work around them. He said that the delay in the passage of the budget had already been given a political hue, hence Nigerians would blame the legislature for any further delay.

EFCC Too Powerful, Judge Protests.

Peter Affen, justice of an Abuja high court, on Wednesday flayed the Economic and Financial Crimes Commission (EFCC) as “carrying too much physical power everywhere”, for the tactics it employed in trying to stall a case involving the agency and Wolfgang Wolfgang, an Austrian security contractor who sued the anti-graft agency for detaining him without trial.
According to PRNigeria, Wolfgang had been in the custody of the EFCC since December 2015 in connection with the trial of Sambo Dasuki, former national security adviser (NSA).

VAT Rate To Rise ‘Gradually’ And 7 Other Major NEC Decisions To ‘Stimulate The Economy’.

The National Economic Council (NEC) on Tuesday concluded its retreat aimed at “stimulating the economy”, with a resolution to gradually increase Value Added Tax (VAT).
According to a statement by Laolu Akande, special assistant to the vice president on media and publicity, the council resolved as follows:
“Agreement reached for concerted and consistent efforts to diversify revenue sources, expand compliance on VAT, adopting a gradual plan for rate increase.

Wike Says Rivers Government Will Immortalise Slain Corper, Increases Monthly Allowance

Rivers State Government will immortalise Mr Samuel Okonta, the Corps Member who lost his life during the rerun legislative elections in the State, Governor Nyesom Ezenwo Wike has announced.
He also declared that the State Government will provide all necessary assistance for the police to investigate the killing of the corps member, with a view to identifying those responsible and prosecuting them.

See Why Sleeping on your Right side could be killing you

Your sleeping position is very important for your overall health. Generally, experts recommend sleeping on the back, while sleeping on the right side is considered as the worst according to them.

Here are the reasons why:

For Pregnant Women

We all know that it is difficult to control your sleeping position. Doctors tend to tell every pregnant woman to avoid sleeping on the right side because of the following reasons:

How the Fed Abdicated its Independence to White House Geopolitical Strategy on Russia For Nearly Two Years

[Note from the Saker: I take no position on the thesis presented in this article, but I do find it very interesting and I therefore decided to submit it to you all for discussion.]

by Brandon J. Ferro for Only Price Matters

In the chart below I plot crude, the Russian Ruble (RUB) and OPEC production.

From 2012 through mid-2014 all three print sideways.

However, to the day beginning on 7/29/14, crude and RUB begin to collapse while OPEC production soars.

Why such an abrupt reversal and why so vividly in lock-step, highly correlated fashion together?

Because on 7/29/14 the US and EU announced new, expanded sanctions on Russia designed to tighten the economic vice on the country for its involvement in the annexation of Crimea from Ukraine.