The defense readiness condition (DEFCON) is an alert state used by the United States Armed Forces.
U.S. and Russian fighter jets bloodlessly tangled in the air over Syria on June 16 as the American pilots tried and failed to stop the Russians from bombing U.S.-backed rebels in southern Syria near the border with Jordan.
The aerial close encounter underscores just how chaotic Syria’s skies have become as Russia and the U.S.-led coalition work at cross-purposes, each dropping bombs in support of separate factions in the five-year-old civil war.
Hillary Clinton once called disabled children at an Easter egg hunt 'f***ing ree-tards' and referred to Jews as 'stupid k***s' while Bill called Jesse Jackson a 'damned n****r,' claims Bill's former lover.
Europe in Crisis: Calais at war ~ link ~ Another damn good reason for the Brits to get OUT of the corrupt EU!!! Stirling
HUNDREDS of migrants shouting "f*** the UK" have stormed the roads in and around Calais and hurled rocks at British motorists in a desperate attempt to reach the UK before Britons decide whether or not to leave the EU.America in Crisis: Foreigners gather in droves at American Border to illegally enter USA ~ link ~
Illegal immigrants from Central American countries continue to arrive to the Mexican border city of Reynosa. Their hope is to be smuggled illegally into the U.S. by the leading criminal organization in the region known as the Gulf Cartel.
Is Deutsche Bank collapsing? Global financial system in the crapper! ~ link ~Both Credit Suisse and Deutsche Bank stocks are hitting all-time lows. Both are collapsing despite billions in Central Bank – Fed, ECB, Bundesbank, Swiss National Bank – monetary support.
Deutsche Bank had been advertising a 5% interest rate to customers in Belgium on 90-day deposits of at least 50k euros . Bank deposits are essentially “loans” to a bank from the depositor (creditor). This implies that the rate that DB had to pay to attract deposits is equivalent to a triple-C rated credit (although the 10-yr junk bond rates for double-B rated bonds are around 5.5%, keep in mind that DB is paying 5% for 3-month money). This is the unmistakable sign of a company that is collapsing.
Spain, Portugal and others have growing bad debt problems in their banks too, and we have to recognize that these bad debts may be insurmountable. That’s because the bad debts in many banks are larger than the bank’s capital, so they can’t take these losses because it would wipe out their book equity. In other words, many banks are insolvent because the difference between the true value of their assets and the value at which they are reported on bank balance sheets is in the aggregate greater than the shareholder equity of the bank.
So we have to remember not to be misled just because these banks are still open for business. Even though many of them are insolvent, they remain liquid because of the largesse of the European Central Bank, which bends over backwards to keep insolvent banks from failing because of the alternative choices when they do fail.
Statist France is Collapsing: It simply no longer works ~ link ~ I would say that the Rothschild dominated governments of the past couple of decades in France is NOT working out too good for the French people!!! Stirling
President Hollande’s popularity is down to 11%. Prime Minister Manuel Valls fares almost as miserably at 14%.
Although a state of emergency has been declared since the jihadist massacres in Paris last November, street riots are still rampant and demonstrations ubiquitous. The socialist cabinet was unable to pass new labor legislation in a socialist-dominated parliament, and had to resort to Article 49-3: a constitutional provision similar to what is known in America as an executive order.
Caterpillar sales decline for unprecedented 42nd Consecutive Month ~ link ~ NOT Good ... Not Good At All. Stirling