It should come as no shock to our readers that the Third Iraq War President Obama initiated has already faltered. As predicted, the strategy (or lack thereof see: http://www.blackboxwire.com/2014/10/11/islamic-extremism-and-what-lies-ahead-part-ii-the-war-on-isis-and-syria/) did not achieve the desired results so now the Department of Defense (DoD), no doubt testing the waters for the White House, is requesting boots on the ground. As we warned, mission creep is a dangerous thing and would plague this operation. What started with just a handful of “advisors,” grew into airstrikes in Iraq and then Syria, then over a thousand troops “on the ground,” and now US troop levels in Iraq will soon reach 3,000. When this new batch of advisors fails to stop the growth of ISIL, expect Obama to retract another “promise” and have “no choice,” but to commit US combat personnel to the fight in Iraq. Soon, just like in Vietnam, Obama will be steadily sucked into another full blown war in Iraq that the US will neither win nor be able to afford.
This introductory paragraph could have been snatched from today’s headlines detailing how President Obama walked back his repeated promises not to put American “boots on the ground” in Iraq. However, it is a verbatim cut and paste from an article I wrote just over a year ago predicting EXACTLY what is occurring. See: http://www.lastminutesurvival.com/2014/11/18/update-on-the-third-iraq-war-against-isilisisisaqsyriaetc/#more-768 Not so ironically, you didn’t hear the radio and talk show hosts and other “enlightened” pundits detailing this foreseeable reality a year ago because they are hacks. However, today the airwaves have been alive with people taking notice. Savage, Hannity, Beck, Wilkow, O’Reilly, etc. all have been detailing how the President lied and how the strategy they supported to bomb ISIL has not worked. I say better late than never to the party, but American’s need to wake up now. Read more
South China Sea and the Spratly Islands
In yesterday’s Global Updates (May 21, 2015), I noted that the US was beginning to escalate tensions with China. My commentary focused on the reasons for the recent escalation. Contrary to a simple “China is expansionist” argument, I argued it was far bigger and about global economic dominance. The facts are China is now a peer competitor to the US and has established a counter to the post-Bretton Woods financial order. China’s monetary challenges directly attack the US Dollar’s world reserve status and the hegemonic control of the IMF/World Bank. If the US dollar loses its status as the world’s reserve currency, it is game over as we know life in the US. This has set the stage within the White House for an elite power struggle since some in the new world order/globalist camp, to include President Obama, welcome this US downfall while others in the old world banking elite fear significant financial losses and strongly oppose China’s rise. In simple terms, some of the Western banking elite’s most powerful will lose massive sums of wealth and power from an ascension of China’s currency. As such, I fear based on historical precedence that to prevent financial loss, the bankers will again be key contributors behind the scenes to engineering a new world war. Read more