As nuclear talks between the P5+1 and Iran in Vienna extend past yet another (largely US-imposed) deadline, the dysfunctionality of the Obama administration’s approach becomes increasingly apparent. Since April, when the parties announced a set of “parameters” for a final deal, senior administration officials have staked out public positions on the most important unresolved issues that, frankly, are inconsistent with what was agreed in April. These include a US demand for open-ended retention of a conventional arms embargo and other aspects of the United Nations Security Council-authorized sanctions regime.
There has never been any serious prospect that these US positions could actually provide bases for negotiated outcomes. Take, for example, the Obama administration’s demand for open-ended retention of a conventional arms embargo and other aspects of the United Nations Security Council-authorized sanctions regime against Iran. Not only does Tehran object to this demand; Russia and China—like the United States, veto-wielding permanent members of the Security Council—do, too.
The Obama administration defined stark stances on the future of UN sanctions and some of the other outstanding issues ostensibly to rebut charges of “weakness” from domestic opponents and to deflect criticism from traditional US allies Israel and Saudi Arabia that it is “appeasing” Iran.
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“When Money Dies” is the title of a 1975 book by Adam Fergusson, in which he describes the downfall of the Reichsmark in Weimar Germany. A fascinating look at that period of history, one can glean quite a few useful pieces of advice on how to survive a currency crisis. But “when money dies” could also describe the current currency crisis in Greece, in which many Greeks seem to have taken those lessons from Fergusson’s account of the Weimar hyperinflation to heart.
Even though the Greek currency crisis isn’t a traditional hyperinflationary crisis, many Greeks are trying to get their hands on, and then spend, cash. One of the fears is that bank depositors will be forced to take losses on their accounts, the so-called “haircut”. This happened in Cyprus to some larger depositors, but the fear in Greece is that people with even just a few thousand euros in their accounts might be forced to take losses of 30-50% or more. Just imagine that you have $10,000 in your bank account and overnight the government says, “Sorry, your account balance is now $5,000.” Overnight, the purchasing power of your bank account has been cut in half.
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Forget ISIS: Russia and China Biggest Threat Says Pentagon
According to the newly released Military Strategy of the United States, 2015, the real threats are no longer the terrorism of non-state actors but rather Russia, China, Iran, and any other state that challenges US global hegemony. This even though the document makes it clear that these countries have no intention of attacking the United States. Confused? Tune in to the Ron Paul Liberty Report...
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Ron Paul Talks 'Swords into Plowshares' on the Tom Woods Show
Former US presidential candidate and US House member Ron Paul and libertarian multi-bestselling author Tom Woods offered an enticing preview of Paul’s new book Swords into Plowshares on the Wednesday episode of the Tom Woods Show. Paul’s new book, which may be pre-ordered before its July 17 release, is rapidly moving up the Amazon sales rankings.
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Army Troop Cuts - A Propaganda Ploy? Press reports that the US Army would cut 40,000 troops are meant to terrify the American people into demanding an increase in military spending - even though the US spends more than all developed countries combined. The truth is US military spending is going to increase with or without those 40,000 troops and with or without the "sequester." The US is spending itself into bankruptcy. Today's Ron Paul Liberty Report on the false propaganda of a shrinking military...
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RPI's Adam Dick Tells Alaska Radio Listeners of Politicians Gone Bad
On Saturday, July 4, Ron Paul Institute Senior Fellow Adam Dick took Fairbanks, Alaska KFAR radio listeners on a tour of American politicians gone bad. Taking calls and speaking with Patriot’s Lament show hosts Joshua Bennett, Michael Anderson, and Aaron Bennet, Dick discusses American politicians illegally providing weapons to groups on the United States government’s terror list, preparing to purge the Confederate battle flag, and stealing money from people via asset forfeiture laws.
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Obama: No Military Solution in Middle East; Increases Bombing Anyway President Obama told us yesterday that the US war against ISIS was going to last a very long time. While he said there was no military solution to the problem, he also ordered a increase in US bombing. Today Congress voted to send more military aid to Jordan. Obama's escalation in today's Liberty Report...
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Jun 10: - John Yoo, the torture-justifying lawyer of the Bush II regime, criticizes Obama’s bloody, murderous, warmongering foreign policy as replicating a Ron Paul presidency!
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New June 28:
