Debt Rattle September 25 2015
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DPC Bromfield Street in Boston 1908 • The “QE Infinity Paradox”, Or “The Emperor Is Naked, Long Live The Emperor” (ZH) • Yellen Expects Fed To Raise I
[See the full post at: Debt Rattle September 25 2015]“Better do it well. Fire the right people, not scapegoats.
• Volkswagen To Start Firings Over Emissions Scandal On Friday (Reuters)”
I’m afraid we know, historically, how this kind of thing works- no, the people who caused it will not be fired; rather the “open season” firing will result in getting rid of people who have irritated their immediate bosses. Usually, that will mean the most competent workers will be fired; they are the ones who make waves.
Result – the most corrupt will be in charge of the most meek incompetents. Bad recipe.
Nicole- I will bet good money you actually understand the very complex tangle of NOx pollutants. It’s clear from yesterday’s comments; most of the commenters are clueless.
Some of the NOx family are very, very bad for the world indeed. It’s another place where the corporate dispensers of disinformation rejoice- it’s very easy to mislead the partially educated.
Could you write a brief clarification here of the hazards? They are far from trivial, and “good mileage” is not the ultimate argument.
It is becoming pretty obvious to me that there is a common thread between these recent events:
1- The Minsk 2 agreement – essentially between Germany, Ukraine and Russia. The US and UK are training Ukrainians fighters – which is in violation of this agreement.
2- Turkey (i.e. NATO) supporting ISIS – almost all their supplies come by road from Turkey.
3- The USAF failing to damage ISIS in any serious way – merely limiting its expansion. They allowed ISIS to occupy the second biggest city in Iraq – Mosul – without warning the defenders of the coming deluge of vehicles.
4- The resignation of the US general who was supposedly in charge of eliminating ISIS – which was a US-creation.
5- The Germans agreeing with the Russians on the construction of a new pair of gas pipelines under the Baltic. 50% of pipeline capacity has to be left idle to encourage “competition” – an American idea implemented by Brussels.
6- The Russians and Turks cooling off on a proposed gas pipeline to southern Europe.
7- The Americans moving nuclear weapons to Germany – in contravention of treaty obligations and despite the German public’s wish for all such weapons to be removed.
8- The Turks encouraging refugees, who had been there for years in many cases, to move to the EU.
9- VW being exposed – something that was known about by the US government for 2 years.
I am sure there are more things going on that are not – yet – in the media.
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