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You thought I was a pessimist? Not until you read this!

This diary is inspired by an insightful exchange by mstein in yesterday's diary, where he had the following scenarios: the worldwide economic imbalances have gotten so extreme that the eventual ... read more

A.M. Links: Super Tuesday 2, Paul Ryan vs. Donald Trump, Sanders Struggles On

Bernie Sanders' wealthiest donors want him to continue fighting on, all the way to the July Democratic convention." A 26-year-old woman has received the first uterus transplant in the United States. ... read more

Illusions vs Reality: Twenty-Five Years of U.S. Policy Toward Russia, Ukraine, and Eurasia

The U.S.-Russian relationship is broken, and it cannot be repaired quickly or easily. Improved personal ties between President Donald Trump and President Vladimir Putin may be useful, but they are not ... read more

VIPS to Trump: Intel on Iran Could be CATASTROPHIC

Tellingly, Netanyahu waited for your new national security adviser to be in place for three weeks before performing his April 30 slide show alleging that Iran has a covert nuclear weapons program. On ... read more

Brexit Is Only the Latest Proof of the Insularity and Failure of Western Establishment Institutions

Even now, Western elites continue to proselytize ... elections — has largely ceased to serve any corrective function. As Hayes, in a widely cited tweet, put it this week about Brexit: I don't want a ... read more

'Left-splaining' feminism to Bishop misses the point

If their view is flawed, left-splaining feminism will not correct it, writes Paula Matthewson. Australian fashion magazine Harper's Bazaar has reportedly awarded Foreign Minister Julie Bishop the ... read more

Will UK rescue banks too?

So what more is there to say about the Paulson plan? Well it is extraordinary how beneficial for Morgan Stanley and Goldman Sachs the rescue package has turned out to be - especially the provision of ... read more

The Tea Party: From rebellion to absurdity

If there is no longer any room for him and people like him in the GOP, it will be the clearest sign yet of a party that has decided to go off the edge. read more

Transaction Tax: You Can’t Tax Greed

Leaders in Germany and France are also pushing for some kind of transaction tax in Europe. “Through such a tax, we will make Wall Street pay for the damage it has caused to Main Street ... instituting ... read more

Sarah Palin on Tucson shooting rampage: 'Acts of monstrous criminality stand on their own'

And I think we will continue to do that," Poe said ... And I think that in this instance, this issue has crossed the line." Among those also appearing on the show was Sen. Rand Paul (R-Ky.). Paul, an ... read more

Australian governance caught in a black hole

What's the frame of reference giving rise to decisions, not what does any one decision mean. On that score ... taxes and be "open for business" and he would "return to surplus". Instead, "stop the ... read more

Financial Crash: the Next Domino

about the looming crisis, but I do know that the one candidate that didn't raise $100 mil has been talking about the foundational ... they are just allowing all of the same market conditions to ... read more