Hard hitting global and local news
Buchanan continues to hit them out of the park. Here is his latest: Obama v. Bibi — Fight to the Finish In his desperation to sink the Iran nuclear deal, Bibi Netanyahu is taking a hellish gamble
Plagues of Locusts Invade Russia; Putin’s Inane Food Contraband Destruction Policy; Law of Asset Destruction Putin’s Inane Food Contraband Destruction Policy In an action as economically stupid as president Roosevelt destroying US farm produce during the Great Depression, Russia Incinerates Contraband Food . One year into its embargo on western food products, Russia has launched a controversial campaign to destroy all contraband meat, dairy and produce, using on-the-spot incinerators, dump trucks, rollers and meat grinders.
See more here: Long-Term Treasuries Rally in Face of Increasing Odds of September Hike; Taper Tantrum in Reverse?
Read the article: Establishment Survey +215K Jobs, Household Employment Survey +101K, Part-Time Employment -760K, Labor Force +69K
Friday’s Job report may skew the odds, but this is how I see things: Fed Yap vs. Futures; Bloomberg vs.
Read more here: Mish for President: Officially Throwing My Hat Into the Ring; 11 Questions, 11 Answers
More: Still No Illinois Budget; S&P Downgrades Chicago Convention Center Bonds by 7 Notches; Will Schools Open?
See the article here: Capital Controls Destroy Greek Small Businesses; Bank Shares Plunge Again; Record Contraction
Gulf Countries Now Back Iran Deal; Buchanan Explains Republicans’ No-Win Situation It was already difficult to imagine Congress mustering up enough support to override a presidential veto of a bill to kill the Iran deal, but it will be impossible now that Kerry Secures Gulf Support . Gulf Arab countries gave cautious backing on Monday to the nuclear deal with Iran, giving the White House an important diplomatic card as it seeks to gain congressional support for the agreement
Read More: More on Ukraine’s "Right Sector" Movement