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Xi says world needs China, U.S. to have stable relationship

Top Reuters News - Tue, 01/17/2017 - 22:26
BEIJING (Reuters) - The world needs China and the United States to have a stable and cooperative relationship, Chinese President Xi Jinping told U.S. Vice President Joe Biden, just days before new uncertainty looms with Donald Trump taking office as president.

Morning News Call - India, January 18

Reuters Us Markets - Tue, 01/17/2017 - 22:17
To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_01182017.pdf If you would like to receive this newsletter via email,...

UPDATE 3-Australia says suspended MH370 search could resume in future

Reuters Us Markets - Tue, 01/17/2017 - 22:10
* Australia says "credible new evidence" needed to restart search

Manning's Release Shows Path Not Taken by Snowden

RealClearPolitics - Tue, 01/17/2017 - 22:06
Noah Feldman, Bloomberg
Obama can't pardon a fugitive who poses a threat to U.S. rule of law.

Trump Is Making Journalism Great Again

RealClearPolitics - Tue, 01/17/2017 - 22:06
Jack Shafer, Politico
Donald Trump and his forthcoming presidency may be the greatest gift to Washington journalism since the invention of the expense account. His unorthodox approach to politics and governance has vaporized the standard, useful, yet boring script for reporting on a new administration’s doings. At his news conference last week, Trump began the process of washing the press completely out of his fake hair as he castigated CNN and BuzzFeed for reporting on the oppo-research dossier compiled on him. “Fake news,” said the man who has appeared on InfoWars and commended the...

Six Reasons Trump's Mexico Wall Is a Dumb Idea

RealClearPolitics - Tue, 01/17/2017 - 22:05
Robert Reich, Newsweek
Farmers can't find enough native-born Americans to pick crops.

MOVES-Citigroup names Campbell head of DCM for Australia/NZ

Reuters Us Markets - Tue, 01/17/2017 - 22:00
SINGAPORE, Jan 18 (IFR) - Citigroup has appointed Ian Campbell head of debt capital markets for Australia and New Zealand.

UPDATE 4-U.S. Senate Democratic leader attacks Trump's health pick on ethics charge

Reuters Us Markets - Tue, 01/17/2017 - 21:57
WASHINGTON, Jan 17 (Reuters) - U.S. President-elect Donald Trump's choice to run the Department of Health and Human Services may have broken the law by making a stock purchase just before he...

Does a Rogue Deep State Have Trump's Back?

Charles Hugh Smith - Tue, 01/17/2017 - 21:54
Rather than being the bad guys, as per the usual Liberal world-view, the Armed Forces may well play a key role in reducing the utterly toxic influence of neocon-neoliberals within the Deep State.Suddenly everybody is referring to the Deep State, typically without offering much of a definition.The general definition is the unelected government that continues making and implementing policy regardless of who is in elected office.I have been writing about this structure for 10 years and studying it from the outside for 40 years. Back in 2007, I called it the Elite Maintaining and Extending Global Dominance, which is a more concise description of the structure than Deep State. Going to War with the Political Elite You Have (May 14, 2007).I've used this simplified chart to explain the basic structure of the Deep State, which is the complex network of state-funded and/or controlled institutions, agencies, foundations, university research projects, media ties, etc.The key point here is you can't separate these network nodes: you cannot separate DARPA, the national labs (nukes, energy, etc.), the National Science Foundation, DoD (Department of Defense), the National Security State (alphabet soup of intelligence/black budget agencies: CIA, NSA, DIA, etc.), Silicon Valley and the research universities: they are all tied together by funding, information flows, personnel and a thousand other connections. For the past few years, I have been suggesting there is a profound split in the Deep State that is not just about power or ideology, but about the nature and future of National Security: in other words, what policies and priorities are actually weakening or threatening the long-term security of the United States?I have proposed that there are progressive elements within the sprawling Deep State that view the dominant neocon-neoliberal agenda of the past 24 years as a disaster for the long-term security of the U.S. and its global interests (a.k.a. the Imperial Project).There are also elements within the Deep State that view Wall Street's dominance as a threat to America's security and global interests. (This is not to say that American-based banks and corporations aren't essential parts of the Imperial Project; it's more about the question of who is controlling whom.)So let's dig in by noting that the warmongers in the Deep State are civilians, not military. It's popular among so-called Liberals (the vast majority of whom did not serve nor do they have offspring in uniform--that's fallen to the disenfranchised and the working class) to see the military as a permanent source of warmongering.(It's remarkably easy to send other people's children off to war, while your own little darlings have cush jobs in Wall Street, foundations, think tanks, academia, government agencies, etc.)These misguided souls are ignoring that it's civilians who order the military to go into harm's way, not the other way around. The neocons who have waged permanent war as policy are virtually all civilians, few of whom served in the U.S. armed forces and none of whom (to my knowledge) have actual combat experience.These civilian neocons were busily sacking and/or discrediting critics of their warmongering within the U.S. military all through the Iraqi debacle. now that we got that straightened out--active-duty service personnel have borne the brunt of civilian planned, ordered and executed warmongering--let's move on to the split between the civilian Central Intelligence Agency (CIA) and the DoD (Department of Defense) intelligence and special ops agencies: DIA, Army Intelligence, Navy Intelligence, etc.Though we have to be careful not to paint a very large agency with one brush, it's fair to say that the civilian leadership of the CIA (and of its proxies and crony agencies) has long loved to "play army". The CIA has its own drone (a.k.a. Murder, Inc.) division, as well as its own special ops ("play army" Special Forces), and a hawkish mentality that civilians reckon is "play army special forces" (mostly from films, in which the CIA's role is carefully managed by the CIA itself: How the CIA Hoodwinked Hollywood (The Atlantic)Meanwhile, it's not exactly a secret that when it comes to actual combat operations and warfighting, the CIA's in-theater intelligence is either useless, misleading or false. This is the result of a number of institutional failings of the CIA, number one of which is the high degree of politicization within its ranks and organizational structure.The CIA's reliance on "analysis" rather than human agents (there's a lot of acronyms for all these, if you find proliferating acronyms of interest), and while some from-30,000-feet analysis can be useful, it's just as often catastrophically wrong.We can fruitfully revisit the Bay of Pigs disaster, the result of warmongering civilians in the CIA convincing incoming President Kennedy that the planned invasion would free Cuba of Castro's rule in short order. There are many other examples, including the failure to grasp Saddam's willingness to invade Kuwait, given the mixed signals he was receiving from U.S. State Department personnel.Simply put, if you are actually prosecuting a war, then you turn to the services' own intelligence agencies to help with actual combat operations, not the CIA.This is of course a sort of gossip, and reading between the lines of public information; nobody is going to state this directly in writing.As I have noted before:If you want documented evidence of this split in the Deep State--sorry, it doesn't work that way. Nobody in the higher echelons of the Deep State is going to leak anything about the low-intensity war being waged because the one thing everyone agrees on is the Deep State's dirty laundry must be kept private.As a result, the split is visible only by carefully reading between the lines, by examining who is being placed in positions of control in the Trump Administration, and reading the tea leaves of who is "retiring" (i.e. being fired) or quitting, which agencies are suddenly being reorganized, and the appearance of dissenting views in journals that serve as public conduits for Deep State narratives.Many so-called Liberals are alarmed by the number of military officers Trump has appointed. Once you realize it's the neocon civilians who have promoted and led one disastrous military intervention (either with U.S. Armed Forces or proxies managed by the CIA) after another, then you understand Trump's appointments appear to be a decisive break from the civilian warmongers who've run the nation into the ground.If you doubt this analysis, please consider the unprecedentedly politicized (and pathetically childish) comments by outgoing CIA director Brennan against an incoming president. Even if you can't stand Trump, please document another instance in which the CIA director went off on an incoming president-- and this after the CIA spewed a blatant misinformation campaign claiming a hacked Democratic Party email account constituted a successful Russian effort to influence the U.S. election--a surreal absurdity.Let me translate for you: our chosen Insider lost the election; how dare you!A number of observers are wondering if the CIA and its Deep State allies and cronies will work out a way to evict Trump from office or perhaps arrange a "lone gunman" or other "accident" to befall him. The roots of such speculations stretch back to Dallas, November 1963, when a "long gunman" with ties to the CIA and various CIA proxies assassinated President Kennedy, an avowed foe of the CIA.Setting aside the shelfloads of books on the topic, both those defending the "lone gunman" thesis and those contesting it, the unprecedented extremes of institutionally organized and executed anti-Trump campaigns is worthy of our attention.Given my thesis of a profound disunity in the Deep State, and the emergence of a progressive element hostile to neocons and neoliberalism (including Wall Street), then it's not much of a stretch to speculate that this rogue Deep State opposed to neocon-neoliberalism has Trump's back, as a new administration is pretty much the only hope to rid the nation's top echelons of the neocon-neoliberal policies that have driven the U.S. into the ground.Rather than being the bad guys, as per the usual Liberal world-view, the Armed Forces may well play a key role in reducing the utterly toxic influence of neocon-neoliberals within the Deep State.If you have wondered why academics like Paul Krugman and the CIA are on the same page, it's because they are simply facets of the same structure. Krugman is a vocal neoliberal, the CIA is vocally neocon: two sides of the same coin. I invite you to study the chart above with an open mind, and ponder the possibility that the Deep State is not monolithic, but deeply divided along the fault lines of Wall-Street-Neocons-Neoliberals and the progressive elements that rightly view the dominant neocon-neoliberals as a threat to U.S. national security, U.S. global interests and world peace.We can speculate that some of these progressive elements view Trump with disdain for all the same reasons those outside the Deep State disdain him, but their decision tree is simple: if you want to rid America's Deep State of toxic neocon-neoliberalism before it destroys the nation, you hold your nose and go with Trump because he's the only hope you have.

If you found value in this content, please join me in seeking solutions by becoming a $1/month patron of my work via patreon.com.Check out both of my new books, Inequality and the Collapse of Privilege ($3.95 Kindle, $8.95 print) and Why Our Status Quo Failed and Is Beyond Reform ($3.95 Kindle, $8.95 print). For more, please visit the OTM essentials website.NOTE: Contributions/subscriptions are acknowledged in the order received. Your name and email remain confidential and will not be given to any other individual, company or agency.Thank you, Rutger C. ($50), for your splendidy generous contribution to this site -- I am greatly honored by your support and readership.Thank you, Ben G. ($50), for your supremely generous contribution to this site -- I am greatly honored by your steadfast support and readership.
Go to my main site at www.oftwominds.com/blog.html for the full posts and archives.

New York governor wants to spend more on education, lower taxes

Reuters Us Markets - Tue, 01/17/2017 - 21:53
NEW YORK, Jan 17 (Reuters) - New York Governor Andrew Cuomo on Tuesday proposed a $152.3 billion all-funds state budget for fiscal 2018 that would increase education funding by $1 billion and cut tax...

Brazil's Odebrecht settling bribe cases in 12 countries

Reuters Us Markets - Tue, 01/17/2017 - 21:44
BRASILIA, Jan 17 (Reuters) - Brazil's largest engineering conglomerate Odebrecht SA plans to reach settlements in all 12 countries where it has admitted to paying bribes to obtain contracts, two...

BRIEF-Bonanza Creek Energy receives unsolicited inquiry from Bill Barrett Corporation

Reuters Us Markets - Tue, 01/17/2017 - 21:34
* Bonanza Creek Energy receives unsolicited inquiry from Bill Barrett Corporation

Trump jokes Tillerson finding U.S. Senate confirmation tougher than thought

Reuters US Politics - Tue, 01/17/2017 - 21:13
WASHINGTON (Reuters) - President-elect Donald Trump quipped on Tuesday that his secretary of state choice, Rex Tillerson, is finding his Senate confirmation tougher than his days as chief executive officer of Exxon Mobil Corp when he could cut deals with foreign nations.

The Murky Future for US Health Care

ConsortiumNews - Tue, 01/17/2017 - 20:59
Republicans vow to repeal Obamacare, but President-elect Trump has injected confusion by claiming that the replacement will provide health insurance for all. But many health experts fear what comes next, reports Dennis J Bernstein. By Dennis J Bernstein All eyes…

UN conference on anti-Muslim hate addresses rising xenophobia

MiddleEasteye - Tue, 01/17/2017 - 20:18
Language Undefined

US, EU and others shared thoughts on tackling anti-Muslim bigotry at the UN this week, though their commitment has been called into question

Filipino Defense Minister Changes Course, Takes Harder Line on China

LibertarianInstitute - Tue, 01/17/2017 - 19:57

This article originally appeared at Anti-Media


Manila — On Monday, a Philippines’ foreign minister announced his country had filed an official complaint against China — a move, as Anti-Media reported, that actually demonstrates a strengthening diplomatic bond between the two countries rather than a weakening one. By Tuesday, the Philippines’ defense minister had taken a harder line on the issue of China’s installation of military hardware on artificial islands in the South China Sea.

“The actions of China militarizing those disputed features are very troubling,” Defense Minister Delfin Lorenzana said in a statement. “They do not square with the Chinese government’s rhetoric that its purpose is peaceful and friendly.”

On Monday, Filipino Foreign Minister Perfecto Yasay told CNN Philippines that “when we take action in engaging China in this dispute, we do not want to take such aggressive, proactive action that will not solve the problem.” Yasay said the filing of the official complaint, as the diplomatic process dictates, was to ensure “the interests and rights of the Philippines are properly protected.”

Regardless of his harsher words, Minister Lorenzana would seem to agree with Yasay’s approach. He stated, according to Reuters, that “a diplomatic protest was the correct procedure,” but despite warming ties with China, “the government still had a duty to protect the national interest.”

The South China Sea dispute, which centers on regional nations such as Vietnam as they combat China’s nearly all-encompassing territorial claim to those waters, was thrown into the spotlight once again last week when incoming President Trump’s pick for secretary of state, Rex Tillerson, brought a staunch anti-China position with him into his Senate confirmation hearing.

“We’re going to have to send China a clear signal that, first, the island-building stops,” he stated when asked if he supported a more aggressive posture toward China, “and, second, your access to those islands also is not going to be allowed.”

Tillerson went on to call China’s actions in the South China Sea “extremely worrisome,” arguing China’s absolute control over those waters would have a negative impact on the global economy as the trade routes there see around $5 trillion worth of traffic annually.

“They’re taking territory or control, or declaring control of territories that are not rightfully China’s,” the would-be secretary of state said.

For its part, China has continued to stand firm on its one-China policy, which regional nations who wish to deal with the superpower are required to adhere to.

The post Filipino Defense Minister Changes Course, Takes Harder Line on China appeared first on The Libertarian Institute.

Filipino Defense Minister Changes Course, Takes Harder Line on China was first posted on January 17, 2017 at 6:57 pm.