"No warning can save people determined to grow suddently rich" - Lord Overstone

  • 14 hours Institutional Investors Hold A Lot More Crypto Than You Think
  • 15 hours U.S. Treasury Yields Could Be About To Break Out
  • 16 hours Tesla Stock Stumbles On Model 3 Cancellations
  • 17 hours Yuan Rebounds At The Expense Of The U.S. Dollar
  • 19 hours Iraq Unplugged: No Internet, No Protests, No Money
  • 21 hours The Tariff War Could Spark A Debt Crisis In China
  • 2 days Gold Selloff Continues As Dollar Climbs Higher
  • 2 days Gold Investors In A Frenzy Over Sunken Russian Warship
  • 2 days The New King Of Electric Cars
  • 2 days BlackRock Goes Bitcoin
  • 2 days U.S. Banks See Best Earnings Report In Years
  • 2 days The Case For Gold Is Not About Price
  • 2 days Stock Market Sentiment Turns Bullish
  • 3 days What Is Bitcoin Really Supposed To Be?
  • 3 days The Surprising Media Giant Taking On Netflix
  • 3 days Cybersecurity Stocks Are Red-Hot As Election Looms
  • 3 days Americans Grow Weary Of U.S. Trade Policy
  • 3 days What Putin Really Wants From Trump
  • 3 days Europe’s EV Sales Growth Is Slowing
  • 3 days The Looming "Hyper-War"
Netflix Shock Hits FAANG Stocks Hard

Netflix Shock Hits FAANG Stocks Hard

Netflix released its surprising second…

3 Reasons Small-Cap Stocks Are Booming

3 Reasons Small-Cap Stocks Are Booming

As major market indexes waiver,…

Chinese IPO Fervor Slows As Xiaomi Disappoints

Chinese IPO Fervor Slows As Xiaomi Disappoints

The Chinese IPO space was…

ISIS Suicide Bomber Hits Istanbul Tourist District, Nine Germans Killed; The Case for Merkel's Resignation

An ISIS suicide bomber struck at the heart of an Istanbul Turkey tourist district moments ago, killing at least ten people, among them nine German citizens.

The Wall Street Journal reports Turkey Blames Islamic State in Istanbul Attack.

A powerful explosion hit the heart of Istanbul's central tourist district on Tuesday, killing at least 10 people and injuring 15 others. Turkish President Recep Tayyip Erdogan said a Syria-linked suicide bomber is believed to be behind the blast.

The bomber, identified by Turkish authorities as a Syrian man in his late 20s, walked up to a tour group preparing to explore the Blue Mosque and other world-renowned buildings nearby and blew himself up shortly after 10 a.m. Nine of those killed were German, and 15 people were wounded, Turkish officials said.

Prime Minister Ahmet Davutoglu said the bomber belonged to Islamic State and urged Ankara's allies to step up the fight against the Sunni Muslim extremist group based in Syria that has tried to project its global power by carrying out terrorist attacks around the world.

"This attack is a repercussion on Turkey of the civil war that has been going on in Syria for five years, and its related proxy wars," said Numan Kurtulmus, Turkey's deputy prime minister.


Merkel's Seriously Misguided Refugee Policy

After chancellor Angela Merkel foolishly welcomed refugees with open arms, public opinion forced her to change tactics. She did, but in superficial, counterproductive ways.

For example, Merkel bribed Turkey with a $3 billion payment so that Turkey will pen in refugees. How's that working?

Today we have proof of the absurdity of that offer. But let's dig deeper with more statistics.


Turkey Statistics

The population of Turkey is roughly 75 million of which 90% are Sunni Muslims.

As part of the deal for penning migrants, Merkel agreed to speed up Turkish admission into the EU. Those 75 million Turks would then have Visa-free access to the rest of Europe.

Not only is Turkey guilty of human rights violations, president Recep Tayyip Erdogan has Turkey on a Path for Dictatorship.

Dealing with Erdogan is madness.


Merkel Should Resign

400,000 Syrians are in Germany right now, seeking asylum. How many of them are ISIS terrorists? Is one too many?

Yet, even after the sex attacks in Cologne, she has done nothing to fix the problem. Heck, she will not even admit what the problem is.

Instead, Merkel sought deals with a would-be dictator.

As I have stated previously, for the good of Germany, Merkel should resign.

 

Back to homepage

Leave a comment

Leave a comment