• 253 days Will The ECB Continue To Hike Rates?
  • 253 days Forbes: Aramco Remains Largest Company In The Middle East
  • 255 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 655 days Could Crypto Overtake Traditional Investment?
  • 660 days Americans Still Quitting Jobs At Record Pace
  • 662 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 665 days Is The Dollar Too Strong?
  • 665 days Big Tech Disappoints Investors on Earnings Calls
  • 666 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 668 days China Is Quietly Trying To Distance Itself From Russia
  • 668 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 672 days Crypto Investors Won Big In 2021
  • 672 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 673 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 675 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 676 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 679 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 680 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 680 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 682 days Are NFTs About To Take Over Gaming?
Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

Billionaires Are Pushing Art To New Limits

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

Lending: The Good, Bad, And Ugly

Lending: The Good, Bad, And Ugly

Aristotle said, “The most hated…

  1. Home
  2. Markets
  3. Other

ISIS Claims 'Only Beginning of Storm'; Poland Backs Out of Refugee Agreement, Says It's a 'Great Mistake'; Paris Changes Everything

ISIS Claims Only The Beginning

Lots of fresh details this morning on the terror in Paris. The First Attacker Identified.

France could extend its state of emergency beyond 12 days, the prime minister has said, as officials identified one of the Paris terror attackers as Omar Ismael Mostefai, a 29-year-old Frenchman of Algerian origin, who had been flagged for links to Islamist radicalism.

Manuel Valls said the state of emergency, which gives sweeping investigating powers to police, could be extended. This would require a vote in parliament.

He said France would extend its action in Syria in the coming days to "hit, annihilate Daesh", the name French officials use to describe Isis. He said France's strategy in Syria would be debated in parliament in eight days time.

A Syrian passport -- confirmed as being used in Greece last month -- was found near one of the attackers close to France's national stadium where three explosions occurred.

Isis issued a statement on Saturday saying "this is only the beginning of the storm" after French president François Hollande blamed the bloody attacks on the organisation in a televised address.

French interior minister Bernard Cazeneuve has laid out new security measures as part of the national state of emergency: police will be allowed to restrict circulation in some areas, perform house searches more easily, and shut down businesses such as concert halls and bars. Demonstrations will not be authorised in Paris until Thursday and security at railway stations and airports will be reinforced.

Events in Paris are unlikely to make the chance of a peaceful solution in Syria any easier, however, and are instead likely to play into the hands of hawks keen to ramp up military action and foreign supporters of Syrian president Bashar al-Assad. Washington and its allies say Mr Assad's brutality and connivance created Isis.

ISIS a US/UK Creation

The idea that Assad's brutality created ISIS is absurd. ISIS arose in the wake of the US taking out Saddam Hussein for no good reason.

Note that UK Prime Minister Tony Blair Apologized for Creation of ISIS.

A bit of honesty and self-assessment from the US would be a welcome event. But don't expect that to happen. The US never admits anything, but instead keeps making the same mistakes over and over again.

Syrian Passport a Fake

ZeroHedge has detailed coverage of the Syrian passport issue in The False Flag Link: Passport "Found" Next To Suicide Bomber Was "Definitely A Forgery".

ZeroHedge posted a comic with these comments "The following cartoon best captures the idiocy of anyone actually believing a suicide bomber would have brought their actual passport to what they knew would be their last act on earth. Is bringing your own passport to an event that will be your last, really that crucial, especially when the passport is such a critical smoking gun?"

Well, yes, if the goal was to have the passport found. The issue here is not whether the passport was a fake, but rather if it was the method of entry for the terrorists. ISIS can spread more fear by purposely leaving such a passport.

I can easily see why they would want to leave their passport. Whether or not that passport provided entry to a terrorist remains to be seen.

ISIS stated it would use Syrian passports to infiltrate EU countries. That threat is certainly credible, isn't it?

Great Mistake

Unsurprisingly, Paris Attacks Spur Fresh Calls for New EU Border Controls.

Tensions are particularly fraught in Germany, where Chancellor Angela Merkel is already under fire from within her own centre-right grouping for her open stance on immigration.

Markus Söder, the Bavarian finance minister and a member of Ms Merkel's CSU sister party, on Sunday called for more checks on the German border and said his southern border region would take matters into its own hands if Berlin did not do more.

"Paris changes everything," Mr Söder told the Welt am Sonntag newspaper. If Germany cannot secure its borders ... then Bavaria can take on this task."

Horst Seehofer, the Bavarian prime minister, on Sunday called for federal police to impose controls on all border crossings with Austria.

Political leaders in Poland and Slovakia warned that the influx of migrants into Europe posed security risks, with the incoming rightwing government in Warsaw insisting it was no longer willing to accept refugees under a recently agreed EU policy to relocate some of the thousands of migrants arriving in Greece and Italy across the bloc.

"Everyone must now assess how great a mistake is to try to settle a large Muslim immigrant community in Poland," said Antoni Macierewicz, defence minister in the incoming Law and Justice party government.

Yes, mistakes have been made. Serious mistakes.

EU president, Jean-Claude Juncker still does not see them. On Sunday, Juncker rebuked those attempting to use the attacks to change EU policy as populists who are improperly equating asylum-seekers with outlaws.

What a fool.


Back to homepage

Leave a comment

Leave a comment