sâmbătă, 13 septembrie 2014

Weekly Address: We Will Degrade and Destroy ISIL

 
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Weekly Address: We Will Degrade and Destroy ISIL

In this week's address, the President reiterated his comprehensive and sustained counter-terrorism strategy to degrade and ultimately destroy the terrorist group ISIL.

His plan brings together a campaign of targeted airstrikes, increased support for Iraqi and Kurdish forces already taking on terrorists, assistance from allies and partners, expanded efforts to train and equip the Syrian opposition, and ongoing humanitarian aid for those displaced by ISIL. The President expressed his immense appreciation for the military men and women who make these efforts possible, and reminded the world that America continues to lead and stand strong against terror.

Click here to watch this week's Weekly Address.

Watch: President Obama delivers the weekly address.


 
 
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"If you threaten America, you will find no safe haven."

On Wednesday evening, from the State Floor of the White House, President Obama spoke to the American people about our comprehensive strategy to degrade and ultimately destroy the terrorist group known as ISIL (Islamic State of Iraq and the Levant).

ISIL was formerly al Qaeda's affiliate in Iraq and has since infiltrated territories on both sides of the Iraq-Syrian border. Although ISIL calls itself the "Islamic State," the President highlighted that:

ISIL is not 'Islamic.' No religion condones the killing of innocents, and the vast majority of ISIL's victims have been Muslim. And ISIL is certainly not a state. ... It is recognized by no government, nor the people it subjugates.

President Obama delivers a statement on ISIL.

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President Obama Commemorates the 13th Anniversary of the 9/11 Attacks

On Thursday, the President, First Lady, and Vice President joined Americans across the country to mark the anniversary of 9/11 through acts of service and remembrance.

At 8:46 a.m. ET -- the time that the first plane hit the World Trade Center -- the President, First Lady, and Vice President observed a moment of silence to honor the memories of those lost in the horrific acts of terror that took place 13 years ago.

President Barack Obama, Defense Secretary Chuck Hagel, and Gen. Martin Dempsey, Chairman of the Joint Chiefs of Staff, listen to the national anthem during the September 11th Observance Ceremony at the Pentagon Memorial in Arlington, Va., Sept. 11, 2014. (Official White House Photo by Pete Souza)

President Barack Obama, Defense Secretary Chuck Hagel, and Gen. Martin Dempsey, Chairman of the Joint Chiefs of Staff, listen to the national anthem during the September 11th Observance Ceremony at the Pentagon Memorial in Arlington, Va., Sept. 11, 2014. (Official White House Photo by Pete Souza)

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Marking the 20th Anniversary of the Violence Against Women Act (VAWA)

This week marks the 20th anniversary of the Violence Against Women Act -- a groundbreaking piece of legislation that helped change an era in American history. On Tuesday, speaking in front of the U.S. Constitution at the National Archives, the Vice President explained just how far we've come since the passage of the bill:

"Even just 20 years ago," he said, "few people wanted to talk about violence against women as a national epidemic, let alone something to do something about."

Vice President Joe Biden speaks on the 20th anniversary of the Violence Against Women Act, at the National Archives, in Washington, D.C. September 9, 2014. (Official White House Photo by David Lienemann)

Vice President Joe Biden speaks on the 20th anniversary of the Violence Against Women Act, at the National Archives, in Washington, D.C. September 9, 2014. (Official White House Photo by David Lienemann)

While we've made great strides in addressing heinous crimes against women, the Vice President made it clear that we're not done with this fight:

When violence against women is no longer societally accepted, no longer kept secret; when everyone understands that even one case is too many. That's when it will change.

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The First Lady Holds a "Prep" Rally in Atlanta

On Tuesday, as part of her Reach Higher Initiative, the First Lady joined Secretary Arne Duncan at Booker T. Washington High School in Atlanta to help kick off the Department of Education's annual back-to-school bus tour.

First Lady Michelle Obama hugs a student during a college fair at Booker T. Washington High School in Atlanta. Photo courtesy of the U.S. Department of Education by Joshua Hoover.

First Lady Michelle Obama hugs a student during a college fair at Booker T. Washington High School in Atlanta. Photo courtesy of the U.S. Department of Education by Joshua Hoover.

At the "prep" rally, the First Lady encouraged students to follow their dreams:

So if there is anybody telling you that you're not college material -- anyone -- I want you to brush them off. Prove them wrong. I want you all to ask for help. Ask your teachers, your counselors, your coaches, your friends –- I don't care who it is.

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Seth's Blog : Law and order

 

Law and order

At some point, the world (the project, the moment) becomes so chaotic or dangerous that we sacrifice law in exchange for order.

The question is: when.

When is it time to declare martial law? (or your version of it)

When do you abandon your project plan because the boss is hysterical? When do you go off the long-term, drip-by-drip approach to growth because cash flow is tight? When do you suspend one set of valued principles in order to preserve the thing you set out to build in the first place?

When Richard Nixon was at his most megalomaniacal, he was willing to suspend any law in his way to preserve what he saw as order. Failed entrepreneurs and project leaders fall into the same trap: it feels as though this time, it truly is the end of the road, and throwing away principles is tempting indeed.

You've probably met people who declare this sort of emergency ten times a year.

History is filled with examples of people who pushed the order button too soon... but few instances where people stuck with their principles for too long.

       

 

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vineri, 12 septembrie 2014

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Mish's Global Economic Trend Analysis

Mish's Global Economic Trend Analysis


Undeclared War on Russia; Solidarity by Force; Ruble Falls to Record Low; Sanctions Target Private Companies

Posted: 12 Sep 2014 11:51 AM PDT

Sanctions or War?

It's long overdue we label sanctions for what they really are: war. If you prefer, call them "economic war".

Today, president Obama took the undeclared war another step forward by targeting Lukoil, a private Russian company.

Please consider Gazprom, Lukoil Hit in New Round of Sanctions.
The US dramatically expanded its sanctions against Russia on Friday by adding Gazprom, Europe's leading energy provider, to the list of targeted companies, as it sought to ratchet up pressure on Moscow to step back from the war in Ukraine.

The latest measures targeting energy, financial services and defence industries also included Lukoil, the privately owned oil group, and Sberbank, Russia's largest bank.

In addition to blocking most major state-owned groups from western capital markets, the US has also tightened restrictions on some of Russia's largest energy projects, a key engine of its future economic growth.

One in particular – ExxonMobil's high-profile exploration partnership with the state-controlled Russian oil group Rosneft in the Russian arctic – is looking increasingly under threat. The two companies began drilling in the Kara Sea last month, but industry analysts question whether their joint venture can survive under the intensifying sanctions regime.

There was also surprise that the US had decided to sanction Lukoil, the first private Russian company to be penalised in this way. The oil producer is not tied to President Putin and has played no role in the Ukraine conflict.

"It sends a message that any Russian firm is now conceivably a fair target instead of solely targeting firms that are state-owned or owned by people believed to be associated with President Putin," said Andrew Weiss, vice-president for studies at the Carnegie Endowment for International Peace.

A senior administration official said that the latest round of sanctions could be lifted immediately if Russia observed the ceasefire agreement signed with Ukraine in Minsk last week.
Ceasefire Nonsense

Notice how the US is only interested that the rebels not  violate the ceasefire.

Moreover, the fact is the ceasefire has largely held, and it has been broken by both sides. It's not even clear who broke the ceasefire first.

But if it was the rebels who broke the ceasefire in every instance, one would have expected the US state department to be all over the story with bullhorns.

Solidarity by Force

President Obama says We will join EU in intensifying sanctions on Russia.

Yeah right. We twist the EU's arm till they "cry uncle" then we claim we join them.

Unless the intent is to provoke a military war with Russia, this new round of sanctions is stupider than any of its predecessors.

If Exxon cannot partner with Rosneft in the Russian arctic, guess who will? Try China.

Ruble Falls to Record Low vs. Dollar



Sanctions may be hurting the Ruble, but so are falling energy prices.

Reflections on the Global Economy

The price of oil has been falling in spite of this mess. That's a big hint that the global economy is in a huge slowdown.

And that drop in oil price likely hurts Russia more than any of these sanctions.

Like oil, copper says the same thing: World Growth vs. Copper with 3-Month Lag; Iron Sinks to 5-Year Low; US Will Not Decouple.

For a wrapup on sanction madness, please consider Fishing for Trout With Rope and Mashed Potatoes; Mentality of Jackasses; Gas Pains.

Expect a big "surprise" to the downside for global GDP as sanctions can only compound the already evident weakness.

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com