The Obama administration's foreign policy actions continue to be against to America's best interests, as reports indicate that federal aid is being funneled to the very people the U.S. military is battling.

JBS CEO Art Thompson's weekly news video update for October 20 - 26, 2014.

Despite the conclusions of a secret CIA study which found that arming rebels hardly ever results in toppling governments, the Obama administration plunged ahead toward arming the Syrian rebels.

The bankrupt Socialist rulers of France are under attack by the monster they helped create and empower. This week, French officials are facing off against European Union finance bosses over a bloated national government budget — EU bosses say the numbers must be slashed before they can be “approved” by Brussels, but French politicians are refusing. 

With oil production from the Bakken formation in North Dakota now exceeding one million barrels a day and the Eagle Ford and Permian Basin oil fields in Texas producing more than three million barrels per day, prices for crude are dropping worldwide and pushing gasoline prices down along with them.

Communist China slams bipartisan U.S. congressional commission for “interfering in China’s internal affairs.”

There are many lessons to be learned in the International Monetary Fund report claiming China's economy has surpassed that of the United States. First, not every number is to be believed. Second, not all numbers were considered.

New deals come on top of the $400 billion energy pact signed in May solidifying the Sino-Soviet strategic alliance.

Arkady Rotenberg and other pals of Putin may get reimbursed for any Western sanctions, while less favored oligarchs in the Russian billionaire club are taking a fall.

As Switzerland’s central bank engages in controversial monetary-policy gimmicks to keep the Swiss franc from rising, voters will have an opportunity to start reining in the scheming next month.

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