Category: Asia

I am surprised that this didn’t happen sooner, and I hope they succeed

Ever since the days of Ataturk, the Turkish military has been the guarantor of their nation’s constitution and their first bulwark against the islamification of that country. After Edrogan spent the last decade pissing all over their constitution’s clear separation of church and state, I am not surprised to see that the military decided that there had to be an end to Edrogan’s abuses:

An announcer on Turkey’s state broadcaster TRT has read out a live statement, reportedly on the orders of the military, announcing that the army has taken control.

The statement said the country is now being run by a “peace council”, declaring that martial law and a nationwide curfew are in place.

“It looks like a relatively well orchestrated coup by a substantial body of the military, not just a few colonels,” an EU source told news agency Reuters.

“They control several strategic points in Istanbul. Given the scale of the operation, it is difficult to imagine they will stop short of prevailing,” the source said.

According to Turkish media, the military statement said it had taken action to: “reinstall the constitutional order, democracy, human rights and freedoms, to ensure that the rule of law once again reigns in the country, for the law and order to be reinstated.”

Frankly I am glad to see this, as I feel that Islam in its current incarnation is a cancer on humanity, and it needs to be dealt with. I hope that these people succeed, with the least amount of casualties and trouble, and that some sanity can return to Turkey, which plays a key role in that part of the world as a stabilizing force as well as the gateway to Europe from the Middle East. As a NATO member, I think Turkey was close to being a dangerous weakness and liability with Edrogan in charge, and while I am sure the authoritarians in Brussels will huff and puff, many of them will also be hoping that the military prevails.

I am sure Obama will be on the wrong side of this and if you needed another reason to see how inept this administration is, remember that they got got caught unawares according to the news going around out there. I am sure that if they knew they would have sided with the islamists causes, like they always do. Don’t be fooled by the half measures taken against ISIS into thinking otherwise. Remember Iran.

What buying your own bullshit looks like

Black Jesus, when asked by Persian Gulf leaders at a conference in Saudi Arabia why he had chose to suck Iranian cock and act like a bitch, told them, with a serious face at that, that the horrible and stupid deal his administration signed with the Iranian madmen was “a sign of ‘strength, not weakness’“. I kid you not. These fucking people either lack a grip on reality or are so desperate to pretend they are not the inexperienced and totally ineffective credentialed lightweights that they are, that they have no qualms lying like this.

While the president acknowledged Saudi concern that the United States should not be “naïve” when dealing with Iran, he cited previous presidents’ willingness to engage in talks with Russia during the height of the Cold War as models to follow.

“John F. Kennedy and Ronald Reagan still negotiated with the Soviet Union even when the Soviet Union was threatening the destruction of the U.S.,” he said.

“That’s the same approach we have to take. Even as Iran is calling us the great Satan, we were able to get a deal done that reduces their nuclear stockpiles. That’s not a sign of weakness, that’s a sign of strength.”

Obama must be counting on revisionist backing up his shit, because while the US negotiated with the USSR, with the exception of Jimmy Carter whom Obama has finally managed to confidently and with aplomb steal the tittle of “Most ineffective and shitty president of my lifetime” from, it always did that from strength. John F. Kennedy almost started WWIII when Khrushchev tried to respond to US missiles in Turkey with staging Soviet missiles in Cuba. he didn’t acquiesce to their wishes and then pretend he had done the right think like this asshole is doing. He stood firm, told them this was not going to happen, and then took our missiles out of Turkey. Drawing an equivalence between that and what Obama’s ineffective and weak team got us in Iran is just ludicrous.

And Obama invoking Ronald Reagan, whom the left now reluctantly pretends they backed and respected – I remember armies of idiots undermining Reagan and backing pro-Soviet expansionist forces across the fucking globe, and had personal experience with some of that treasonous behavior by the left back before the USSR finally imploded – but whom they vilified and despised is also some serious gall. In fact, they accused him too of wanting to start WWIII because he would only negotiate with the USSR from strength, and more importantly, set out to rebuild the US military from the weak and ineffective shell his predecessors had turned it into, to the world’s most powerful fighting force. The USSR, to the chagrin of every collectivist scumbag out there, imploded trying to keep up with the US buildup Reagan was responsible for. And in case Obama forgot, the Iranians, whom had held US hostages for over 440 days, returned them as soon as Carter was gone and Reagan took office. Obama isn’t fit to be in the same room with someone of the caliber of Reagan, let alone pretend he is like him.

The world lost because of the deal they made with Iran. Gulf state nations that never felt obliged to get a nuclear weapons when their supposed avowed mortal enemy Israel had them, now have all but made it clear they will not only not trust the US to protect them, but will get their own. There sin’t a single US ally out there that trusts the US to do anything that was promised. I foresee that the greatest legacy from the Obama administration, other than a destroyed world economy, a weakened and divide America, a war torn Middle East and North Africa, and an in general, a much less safer world than even the one we had during the Cold war, is a world where all the worst nations are feeling empowered to go do more bad things and others are feeling they need to take action to ward themselves against those.

This Obama Admin Iranian deal will nuclearize the Middle East, which conveniently, is now also courtesy of the Obama Admin and the Hillary Clinton presidential candidate, the most destabilized and dangerous region on the planet right now. But it doesn’t stop there. Our weakness in Asia will make Japan, South Korea, and Taiwan at a minimum decide they need to go nuclear to thwart rampant and totally unopposed Chinese expansionism. None of these nations should count on the US for any kind of that promised backup after Obama got done with his reign of terror. Europe, overrun with Middle Easter refugees and terrorists pretending to be refugees, is collapsing while the Russian bear looks west and licks it’s chops. Traditional American allies no longer respect us or feel they are that anymore, while the new friends of this administration, which includes Iran, reward the grovelling from Obama’s people with a slap in the face.

Fundamental change, people.

Oh Shiz.. Another default nightmare?

Get ready for a llot more news like this one as the real Chinese economy gets to finally come out and play:

On Friday, Chinese state media reported that China Credit Trust Co. warned investors that they may not be repaid when one of its wealth management products matures on January 31, the first day of the Year of the Horse.

The Industrial and Commercial Bank of China sold the China Credit Trust product to its customers in inland Shanxi province. This bank, the world’s largest by assets, on Thursday suggested it will not compensate investors, stating in a phone interview with Reuters that “a situation completely does not exist in which ICBC will assume the main responsibility.”

There should be no mystery why this investment, known as “2010 China Credit-Credit Equals Gold #1 Collective Trust Product,” is on the verge of default. China Credit Trust loaned the proceeds from sales of the 3.03 billion-yuan ($496.2 million) product to unlisted Shanxi Zhenfu Energy Group, a coal miner. The coal company probably is paying something like 12% for the money because Credit Equals Gold promised a 10% annual return to investors—more than three times current bank deposit rates—and China Credit Trust undoubtedly took a hefty cut of the interest.

Zhenfu was undoubtedly desperate for money. One of its vice chairmen was arrested in May 2012 for taking deposits without a banking license, undoubtedly trying to raise funds through unconventional channels. In any event, the company was permitted to borrow long after it should have been stopped—reports indicate that it had accumulated 5.9 billion yuan in obligations. Zhenfu, according to one Chinese newspaper account, has already been declared bankrupt with assets of less than 500 million yuan.

The Credit Equals Gold product is not the first troubled WMP, as these investments are known, to risk nonpayment, but Chinese officials have always managed to make investors whole. CITIC Trust did that in 2013 on a steel-loan product in Hubei province, and a mysterious third-party guarantee rescued a Hua Xia Bank WMP. An investment marketed by ICBC’s Suzhou branch was similarly repaid.

Maybe Zhenfu was another victim of Obama’s anti-coal agenda. Who knows? Anyway, the big problem here, as I am hearing from people in the know, is the fact that this is going to start happening a lot because even the Chinese government can’t provide cover for these bad investements anymore, and it is going to have world wide implications. Crony capitalism sucks and fails everywhere, I guess.

Play on, PLAYA!

A new round of talks is scheduled to start between Iran and what is known as the 5+1 group – the 5 UN security council members with a veto and Germany – and this time everyone has high hopes about these talks going somewhere for a change. I sure it isn’t because these idiots have fallen for the narcissist in chief’s misguided belief that Iran will see he means well and finally give up its nuclear ambitions, because if we look at the very words Iran’s leadership is quoted of using to describe their ambitions in this New York Post article, we find that:

The core issue, once again spelled out by Iran’s “Supreme Guide” Ali Khamenei last week, is this: The Islamic Republic sees itself as successor to the defunct Soviet Union in the role of chief challenger to “American global hegemony.” It hopes to dominate the Middle East, and beyond it “the Muslim world,” with a narrative of jihad and eventual triumph of Islam.

To that end, Iran needs to champion the destruction of Israel to attract support from “Arab masses.” To consolidate its status as “a Grand Power,” in Khamenei’s words, the Islamic Republic also needs, again in Khamenei’s words, “complete mastery of nuclear science and technology” even if not it doesn’t build an arsenal of nuclear weapons at this time.

Not sure how you compromise with people that have that “we need nukes to fight America and to wipe out Israel” strategic long-term goal, but I am willing to listen to people that think they have something, this time, that will work, as opposed to their efforts of the last 2 plus decades, that have been nothing but a weak delaying tactic. Iran’s goal is to pretend it is giving a concession, without really giving up its pursuit of nukes, while getting the sanctions lifted. As the article points out, Iran can easily do so by agreeing to a moratorium in production of enriched Uranium and Plutonium, for a limited time, while getting the 5+1 group to agree Iran has a right to nukes. The narcissist in chief gets to pretend he solved a problem, the west can pretend this is not of concern to them for a while, the Europeans can now start selling Iran shit and making money, and the problem has been kicked down the road. Iran not only loses the sanctions but gets to carry on with its apocalyptic plans.

It will be up to Israel to stop these mad fucks in Teheran from getting nukes, as I always expected it would be, and the world will again hate the Jews for doing the right thing. We are our own worst enemy. We continue to enable Iran, and we will be all flabbergasted when they get nukes and use them.