Archive for June, 2015

Greece and the Eurozone: Collision Course

June 28th, 2015 Comments off

Negotiations between the Greek government  of Prime Minister Alexis Tsipras and his Syriza ruling party on one side, and the IMF and Eurozone creditors of the massive public debt  afflicting Greece on the other side, have collapsed. A collision course is now being pursued between the two opposite sides, a game of fiscal chicken with no discernible good outcome for either side.

With the collapse of talks between Athens and her creditors and the announcement by Tsipras of a pending referendum by the Greek electorate on a bailout deal being offered by the Eurozone and IMF (which Tsipras recommends be rejected), the European Central Bank appears on the verge of ending its liquidity lifeline to Greek banks. If that happens, Greece may close its banks as early as Monday, and impose capital controls. The end result: a Greek exit from the Euro appears more likely, along with the inevitable disruptive ripples that will afflict not only the Eurozone, but the global economy as a whole.





Greece: Greek Debt Talks Collapse; Greek Exit From Euro Nears

June 16th, 2015 Comments off

It is high noon in the Eurozone, as talks between Greece and her creditors have collapsed. Greek Prime Minister Alexis Tsipras was elected on an platform of anti-austerity, and thus  has little room to maneuver. Greece’s creditors in the Eurozone and IMF have  their own limitations on compromising in the austerity required of Athens as the price for more credit to service its massive and unpayable sovereign debt.

We are now at a pint where the can may no longer be kicked down the road. With a debt payment coming due at the end of the month, and the credit required to meet that payment likely to be denied, Greece may very well default on its debt, and be on the way to leaving the Euro monetary union. The impact of such a development, both within the Eurozone and within the broader global economy, may be the pin that punctures the feeble recovery that has barely occurred since the onset of the global economic and financial crisis in 2008.


Hillary Clinton is running for President of the United States  in 2016. See the video about the book that warned back in 2008 what a second Clinton presidency would mean for the USA:



Hillary Clinton Nude

Hillary Clinton Nude

Lincoln Chaffee For President Of The United States

June 14th, 2015 Comments off

Amid the media circus sparked by the official launch of the 2016 presidential campaign of celebrity candidate Hillary Rodham Clinton, it is easy to forget that there exists another challenger for the Democratic nomination–besides Senator Bernie Sanders. His name is Lincoln Chaffee. He is largely unknown out of his home state of Rhode Island.

About the only thing Chaffee has in common  with Hillary Clinton is that he is also the product of a political dynasty of sorts. His father, John Chaffee, served as governor of Rhode Island, U.S. Senator and Secretary of the Navy during the Nixon administration. After a background working in harness racetracks after college, Lincoln Chaffee followed in his father’s footsteps. He served as the mayor of Warwick, Rhode Island. As a part of the dying breed of moderate Republicans, he won election to the U.S. Senate. When he lost his reelection bid, be successfully won election as governor of Rhode Island, running as an independent; this was the first time an independent candidate won the gubernatorial contest in his state since 1790. After serving one term as governor, Chaffee chose not to run for reelection. He is now a registered Democrat. Recently, he officially announced that he is a candidate for the Democratic presidential nomination in 2016 ( ).

All of the above might seem indistinguishable from Hillary Clinton, or the virtual army of Republican contenders who have either formally announced their candidacies, or are about to do so. That appears to be the existential problem with American presidential politics; it has been reduced to the geometric convergence of resumes shaped by savvy public relations consultants with massive amounts of money–in the 2016 presidential election, the price of attaining the White House will be measured at record billions of dollars.

If, however, the 2016 presidential election were not based on extravagantly-financed PR spin,  but rather on character, courage and basic common sense, Lincoln Chaffee would be the clear frontrunner. One single act in the Senate career of Lincoln Chaffee not only establishes him as the most qualified candidate to serve as America’s next President and Commander-in-Chief; it marks him as one of the very few contemporary U.S. politicians who has displayed the highest level of moral clarity and political courage.

Amid the continuing catastrophe that is the Iraq war that the United States remains  trapped in, despite President Obama’s forlorn attempt to end U.S. involvement through a precipitous and ill-conceived withdrawal of American troops, it is easy to forget how this madness all began. Let us go back to  October 2002, and recall that President George W. Bush did not launch the invasion of Iraq on his own– he required Congressional authorization. A compliant Congress  provided that authorization in the form of a blank check, empowering Bush to initiate his military adventure in the heart of the Middle East whenever he chose, without further consultation with Congress.  We know who voted for the Iraq war . The list of approving senators included Hillary Rodham Clinton, one of 29 Democratic senators who voted in favor of Senate Joint Resolution 45.

There were 49 Republicans in the Senate when SJR 45 came to a vote, of which 48 voted in favor of the war authorization measure. Only one Republican senator had the strength of character and moral integrity to vote against his own party’s president. Lincoln Chaffee, the sole Republican in the Senate to oppose the invasion of Iraq, earned the undying  contempt of many of his fellow Republicans, a factor that undoubtedly led to his eventually changing party affiliations. However, his vote of conscience and rationality should forever earn the gratitude of the American people.

The political dissent Chaffee displayed in the U.S. Senate was not only courageous; it showed a level of sophistication and understanding of international events that is sadly lacking among the current crop of presidential contenders. All who allowed the genies out of the bottle when America invaded Iraq must be held accountable for the calamitous geopolitical results. The Shiite-Sunni civil war raging in the Middle East is a direct result of this geostrategic blunder, the consequences of which will haunt the U.S. for generations to come. To expect Hillary Clinton, a co-architect of this monumental disaster, to somehow contain its horrific aftershocks is to hope for the impossible. Only a political leader who understood from the beginning that launching a war in Iraq was a terrible mistake can inspire confidence in  his ability at finding solutions to contain the metastasizing after-effects.

Most will conclude that however meritorious Lincoln Chaffee’s case for being elected America’s 45th president is, he doesn’t stand a chance, particularly against the Clinton political machine and its vast base of financial support–and that this is a tragedy for Mr. Chaffee. I look at this equation somewhat differently. It is not a tragedy for Lincoln Chaffee, but for America.



Hillary Clinton is running for President of the United States  in 2016. See the video about the book that warned back in 2008 what a second Clinton presidency would mean for the USA:



Hillary Clinton Nude

Hillary Clinton Nude

WALL STREET KILLS-Terrifying Suspense Thriller

June 12th, 2015 Comments off

YouTube Video: Audio excerpt from Chapter One of WALL STREET KILLS, a suspense novel by Sheldon Filger. Click on Image below:

Audio book reading from first chapter of WALL STREET KILLS is presented in this video. WALL STREET KILLS is a suspense novel by Sheldon Filger involving high finance, BDSM and celebrity murder (EBook at*Version*=1&*entries*=0).Wall Street is the center of global financial power and symbol of greed. How far would Wall Street go in search of profits? Wall Street connives. Wall Street corrupts. And now, Wall Street Kills!

WALL STREET KILLS by Sheldon Filger presents a sinister plot, in which Wall Street tycoons and financiers invest in producing the ultimate snuff movie. A snuff movie is an erotic film in which one of the performers is actually murdered in front of the camera. High finance, political corruption, female celebrity stardom and the dark mystique of BDSM and violent eroticism combine in an explosive cocktail of suspense, intrigue and murder.

In Sheldon Filger’s terrifying novel, a Wall Street tycoon with political ambitions faces financial ruin when his hedge fund company illegally uses client funds on investments that go disastrously wrong. In desperation, he resorts to extreme measures to recoup his losses. The result is an elaborate plot, hatched by a secretive group of Wall Street investors, to kidnap a world famous, beautiful young female celebrity. Their objective: to have her tortured and killed before a live audience, in a choreographed theatrical spectacle which will be broadcast over the Internet in real-time, accessible to anyone with a computer and willingness to pay the viewing fee of one hundred dollars. The ultimate snuff movie performance is being planned, and the investors on Wall Street who have bought into the scheme will stop at nothing to make a killing.

The author of WALL STREET KILLS, Sheldon Filger, is a blogger with the Huffington Post on business, economic and political affairs. His other books include the nuclear terrorism novel KING OF BOMBS, the non-fiction books HILLARY CLINTON 2016 and ISLAMIC STATE AT WAR and a collection of his fine art photography works, NUDE WOMEN:A PHOTOGRAPHIC ESSAY.

WALL STREET KILLS is available as an eBook at*Version*=1&*entries*=0


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