Howdy!

International Developments

? “US military deaths in Afghanistan at 2,114.”

? “Syrian Kurds made rapid advances in the north [today], expelling jihadists from a string of villages, as mistrust between Kurds and Arabs grows”.

? “US military intervention in Syria would create [quick escalation and result in] ‘unintended consequences’: General Martin Dempsey . . . warns senators that each option under consideration would be costly and uncertain.”

? Rep. Mike Rogers (R-MI), Chair of the House Intelligence Committee says the US can go ahead and arm the rebels, but “there are still strong reservations”.

? “Islamic militants from Russia’s Caucasus flock to join Syrian rebels, official says.”

? “Egypt crackdown on tunnels strangling Hamas.”  Update: Violent clashes near Cairo University; six dead.

International Finance

? “France ‘returns to growth‘ and Spain sees slump easing”; meanwhile, the Greek government “is cracking on . . . cutting thousands of public sector jobs.”

? “UBS agrees to settle US mis-selling case . . . reaches multimillion dollar agreement . . .  over investments sold between 2004 and 2007 [and] “mortgage-backed securities during the pre-crisis housing bubble.”

Money Matters USA

? Excellent summary of “The Decline and Fall of Detroit.

? Detroit updates:  Emails show what was going on behind the scenes for weeks before “a state financial review team” issued its conclusions; cutting pensions not the way to go; decision tomorrow on allowing the bankruptcy case to proceed.

? “Hundreds of billions of dollars in federal contracts, grants, loans, concession agreements and property leases go to private companies that pay low wages, provide few benefits, and offer employees little opportunity to work their way into the middle class.”  Bill Moyers takes it from there.

? “Not Just Goldman Sachs:  Koch Industries Hoards Commodities as a Trading Strategy.”

? Job creation is occurring most in ND, UT, TX, CO, ID and CA, and least in WY, ME, AR, NM, RI and PA.

? “The front landing gear came off a Southwest Airlines [Boeing 737] at LaGuardia yesterday.

? The wheels are still coming off  blimp Limbaugh, too, as AAMCO, Dish Networks, Capstone and Safelite pull out.  Clear Channel, Limbaugh’s parent company, is owned by Bain.

In Hot Pursuit

? “Edward Snowden’s fear of flying is justified: . . . America has history when it comes to forcing down planes in defiance of international law.”

Surveillance Planet

? New Zealand’s Parliament is about to do it to their citizens, passing a law that “expands the legal power of the GCSB to spy on New Zealanders.”

? While assuring us that “Snowden did not access ‘crown jewels‘ of NSA intel”, and did “cause serious damage”, officials don’t agree on the degree of impact on “terrorist organizations”.

? “Far from aiding our enemies, the NSA whistleblower has exposed our own government’s subversion of American’s rights.” Philip Giraldi continues, “it remains to be seen whether anyone actually cares enough to do something about the illegal activity”.

Dan Wright

Dan Wright

Daniel Wright is a longtime blogger and currently writes for Shadowproof. He lives in New Jersey, by choice.