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By Tyler Durden

Submitted by John Whitehead via The Rutherford Institute,

“Americans have been told that their government is keeping them safe by preventing and prosecuting terrorism inside the US… But take a closer look and you realize that many of these people would never have committed a crime if not for law enforcement encouraging, pressuring, and sometimes paying them to commit terrorist acts.” – Human Rights Watch

We can rail against ISIS, hate crimes, terror threats, Islamic radicalization, gun control and national security. We can blame Muslims, lax gun laws, a homophobic culture and a toxic politic environmental. We can even use the Orlando shooting as fodder for this year’s presidential campaigns.

But until we start addressing the U.S. government’s part in creating, cultivating and abetting domestic and global terrorism – and hold agencies such as the FBI and Defense Department accountable for importing and exporting violence, breeding extremism and generating blowback, which then gets turned loose on an unsuspecting American populace – we’ll be no closer to putting an end to the violence that claimed 50 lives at an Orlando nightclub on June 12, 2016, than we were 15 years ago when nearly 3,000 individuals were killed on Sept. 11, 2001.

Here’s what I know:

The United States, the world’s largest exporter of arms, has been selling violence to the world for too long now. Controlling more than 50 percent of the global weaponry market, the U.S. has sold or donated weapons to at least 96 countries in the past five years, including the Middle East.

The U.S. also provide countries such as Israel, Egypt, Jordan, Pakistan and Iraq with grants and loans through the Foreign Military Financing program to purchase military weapons.

At the same time that the U.S. is equipping nearly half the world with deadly weapons, profiting to the tune of $36.2 billion, its leaders have also been lecturing American citizens on the dangers of gun violence and working to enact measures that would make it more difficult for Americans to acquire certain weapons.

Blowback, a CIA term referring to the unintended consequences of the U.S. government’s international activities, is a reality. Chalmers Johnson, a former CIA consultant, repeatedly warned that America’s use of its military to gain power over the global economy would result in devastating blowback. We failed to heed his warning.

The 9/11 attacks were blowback: the CIA provided Osama bin Laden with military training and equipment to fight the Soviet Union, only to have him turn his ire on the U.S. The Boston Marathon Bombing was blowback: the Tsarnaev brothers reportedly credited the U.S. wars in Afghanistan and Iraq as the motives for their attacks.

The attempted Times Square bomber was blowback for America’s drone killings of civilians in Afghanistan and Iraq. The Fort Hood shooter, a major in the U.S. Army, was blowback for the horrors our enlisted men and women are being exposed to as part of this never-ending war on terror: the 39-year-old psychiatrist had been …read more

Source: Violence Begets Violence: The Orlando Shootings And The War On Terror

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By Tyler Durden

While only 5 of 40 economists expected a rate cut and only 7 of 39 any additional easing, hopes were rife for some additional ETF buying or hints at further stock purchasing by The Bank of Japan… but no. USDJPY immediatley plunged to a 104 handle and Nikkei 225 crashed 300 points.

As Bloomberg reports, for a two-day meeting, this was the BOJ's earliest announcement since June 2014. Some more headlines crossing terminal:

• BOJ Board Votes 7-2 to Keep Neg Rate Unchanged – Sato, Kiuchi Dissented on Vote on Negative Rate
• BOJ Board Votes 8-1 to Keep monetray base target
• BOJ: Production Continues to Be More or Less Flat After Quake
• BOJ: Japan's Economy Continues to Recover Moderately
• BOJ: Needs to Be Mindful of Risks to Price Trend
• BOJ slightly more bearish on price outlook, admitting that CPI might be “a little negative'' or around 0% for the time being.
• BOJ says inflationary expectations have weakened recently, yet no action. Kuroda's explanation later today will be interesting.
• 55 percent of economists forecast a BOJ move at the next BOJ meeting on July 29, in a June 6-10 Bloomberg survey. How many will changed their minds after the BOJ did nothing even with the yen at the highest since September 2014?

Risks highlighted in the statement include uncertainties surrounding emerging and commodity-exporting economies, particularly China, developments in the U.S. economy and the European debt problem.

The doves and the hawks are growing further apart…

And the “no change” decision has crushed USDJPY and Japanese stocks…

Nikkei 225 is testing the critical 15,500 level once again…

USDJPY is now at its lowest since Sept 2014 and 17% from the June 2015 highs…

The USDJPY tumble is dragging US equity futures lower… Dow Futs -180 from post-Fed spike highs…

Finally, as Enda Curran, Bloomberg's Chief Asia Economics Correspondent notes,

Is Kuroda handing the growth baton to the government? That's been a theme of G-7 and G-20 policy gatherings this year that it's time for governments to step in and do more for growth by spending money and pushing through reforms. It's hard to pick up any sense of urgency from this on the BOJ side.

…read more

Source: USDJPY, Nikkei Plunge As BoJ Disappoints With "No Change"

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By Tyler Durden

While only 5 of 40 economists expected a rate cut and only 7 of 39 any additional easing, hopes were rife for some additional ETF buying or hints at further stock purchasing by The Bank of Japan… but no. USDJPY immediatley plunged to a 104 handle and Nikkei 225 crashed 300 points.

As Bloomberg reports, for a two-day meeting, this was the BOJ's earliest announcement since June 2014. Some more headlines crossing terminal:

• BOJ Board Votes 7-2 to Keep Neg Rate Unchanged – Sato, Kiuchi Dissented on Vote on Negative Rate
• BOJ Board Votes 8-1 to Keep monetray base target
• BOJ: Production Continues to Be More or Less Flat After Quake
• BOJ: Japan's Economy Continues to Recover Moderately
• BOJ: Needs to Be Mindful of Risks to Price Trend
• BOJ slightly more bearish on price outlook, admitting that CPI might be “a little negative'' or around 0% for the time being.
• BOJ says inflationary expectations have weakened recently, yet no action. Kuroda's explanation later today will be interesting.
• 55 percent of economists forecast a BOJ move at the next BOJ meeting on July 29, in a June 6-10 Bloomberg survey. How many will changed their minds after the BOJ did nothing even with the yen at the highest since September 2014?

Risks highlighted in the statement include uncertainties surrounding emerging and commodity-exporting economies, particularly China, developments in the U.S. economy and the European debt problem.

The doves and the hawks are growing further apart…

And the “no change” decision has crushed USDJPY and Japanese stocks…

Nikkei 225 is testing the critical 15,500 level once again…

USDJPY is now at its lowest since Sept 2014 and 17% from the June 2015 highs…

The USDJPY tumble is dragging US equity futures lower… Dow Futs -180 from post-Fed spike highs…

Finally, as Enda Curran, Bloomberg's Chief Asia Economics Correspondent notes,

Is Kuroda handing the growth baton to the government? That's been a theme of G-7 and G-20 policy gatherings this year that it's time for governments to step in and do more for growth by spending money and pushing through reforms. It's hard to pick up any sense of urgency from this on the BOJ side.

…read more

Source: USDJPY, Nikkei Plunge As BoJ Disappoints With "No Change"

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By Tyler Durden

Submitted by Tom Chatham via Project Chesapeake,

The forces are mounting that will eventually overwhelm most Americans and send their standard of living to unknown depths. Americans that have only known the post WWII prosperity are ill equipped and educated to deal with depression level living. Easy credit and instant gratification have created a nation of whining, self absorbed, entitlement minded people with no moral or mental toughness.

Doug Casey believes we are headed for what he calls a super depression created by the ending of a debt super cycle. The bigger the debt cycle the bigger the depression that follows. That’s how reality works and most people are not prepared for reality.

When this depression, which has already started, gets momentum, it will overwhelm the plans of a society that is expecting to get things like social security, pensions and payouts from retirement plans they have paid into for many years. All of those things will disappear almost overnight and leave society gasping and stupefied over what to do. Their reactions will be to yell and scream and try to identify who to blame but the only person they should blame is the one in the mirror.

Many very smart people have raised the alarm and done their best to warn the sleeping public, but those slumbering masses have ignored the warnings and hit the snooze button one more time. The masses do not understand economics, do not want to understand economics and they will pay dearly for that ignorance in the coming days.

When the real unemployment rate becomes common knowledge as it increases substantially, people will be left to survive on what resources they have saved up outside the banking system that cannot be stolen by the politicians and bankers. That is a key point here. The assets you have outside the system that cannot be stolen from you with a few key strokes on some computer.

Those hoping for some miraculous event that will send the U.S. back to the days of manufacturing might and jobs for all will never see it happen. Those days are gone. The west line theory tells us our economy will slow down and become more modest as the shipping center of the world moves west to the next powerhouse region which is Asia. This is what history teaches us.

When people suddenly wake up one morning and they have no job, their retirement is gone and they need to care for their family, what will they do? When government services have collapsed and they suddenly realize they are now living in a third world country with few government services, what will they do? When the banks are closed and only a select few connected people have any type of money or access to goods, what will they do?

This is the reality that many people will face in the future and they have no idea how bad it can get. They refuse to contemplate the harsh reality they will be living in and take steps to mitigate …read more

Source: How Will You Cope With A Lower Standard Of Living?

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By Tyler Durden

Authored by Jeremiah Johnson (Nom de plume of a retired Green Beret of the United States Army Special Forces (Airborne)) via SHTFPlan.com,

The headlines and news networks are awash with the shooting that occurred on Sunday in Florida – 50 dead and 53 hospitalized in the largest single mass-shooting incident in the history of the U.S. History in the making, and as Rahm Emmanuel put it, never let a crisis go to waste. The governor of Florida quickly declared a state of emergency, and as the FBI is labeling it as a “terrorist incident,” undoubtedly the federal presence is going to increase.

All of the machinery is in place and has been in place for quite some time, now. The harbinger of things to come was already outlined by Obama, on January 14, 2014 in a White House Press Conference:

“…we are not just going to be waiting for legislation in order to make sure that we’re providing Americans the kind of help they need. I’ve got a pen and I’ve got a phone, and I can use that pen to sign executive orders and take executive actions and administrative actions that move the ball forward…”

-Barack Hussein Obama I

Now in case anyone hasn’t noticed, the tempo of “town hall” meetings has been picked up quite a bit, especially Obama’s push for more gun control. In between using taxpayer dollars to campaign for Hillary Clinton and vacationing at Martha’s Vineyard, Obama has “resurrected” the push for gun control. Coincidentally, this mass shooting occurs barely even a week after Obama met with his plants and puppets to “discuss” gun control policies. This on the heels of the 9^th Circuit Court on which on June 9, 2016 struck down the right to carry concealed as a right given under the U.S. Constitution. Undoubtedly this one will run right up to the Supreme Court for a liberal “reinterpretation” of the Second Amendment.

This latest incident will give him the juice to proceed with an executive order. We knew that it was inevitable: a pretext would be created to provide “justification” for either some form of gun registration (this always leads to gun confiscation) or the emplacement of martial law. Remember, the UN and the globalists are just waiting in the wings for the ability to take down the United States and confiscate the firearms.

On September 25, 2013 John Kerry signed the UN Arms Trade Treaty, “On behalf of President Obama and the United States of America.” Seems to this author that the United States of America didn’t really have much of a say-so on this issue. There are many who will say, “Well, in order for that treaty to be exercised, it will have to have the Senate approve it. Even then, it is onerous to the Constitution…Marbury vs. Madison, and all.”

Let us remind ourselves that Obamacare was not able to be rammed through as commerce, so they confirmed that it is a …read more

Source: The Push For Disarmament Begins

    

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