from jsnip4:
Looking
back, it seems like only yesterday that the world's realized, "out of
the blue" that Europe was, gasp, insovlent. Alas, as the following
terrific "walk through memory lane" interactive infographic from the
Guardian reveals, it has now been well over three years and counting,
with everything starting with this October 2009 article in the FT, "Greece vows action to cut budget deficit"
in which then-PM G-Pap revealed a massive hole in the Greek official
economic data and that its budget deficit would be double what was
previously forecast. The rest is history, and now Greece is a shell,
with unemployment off the charts, its finances and economy in shambles,
and the whole country serving as a passthru funding vehicle for Europe
to keep its own banks, and the ECB, solvent.
It seems like it was only yesterday that the panic ahead of Hurricane
Irene, which was a light breeze by the time it hit NYC, was being
spread by various government agencies and every possible media. It is
deja vu time, and moments ago, in order to be "fully prepared" ahead of
Frankenstorm Sandy, NY governor Cuomo just announced that at 7:00 pm
tonight, the New York Metropolitan Transit Authority, i..e., subways,
buses and trains, is suspending all service at 7:00 pm (and 1,100
national guards are being activated) and will be halted until Wednesday
at the earliest. This also means that tomorrow Wall Street will be a
complete ghost town as everyone takes two days off, and the algos will
be the only ones in charge (more or less as usual).
from TheAlexJonesChannel:
Referred to only as “Soldier X” under promise of anonymity, an Army National Guardsman spoke via phone with Infowars Nightly News Producer Rob Dew regarding a recent briefing his unit underwent on actions the military would take in the event that an Obama election loss sparked rioting in America’s streets. Citing not only recent widespread threats to riot if Mitt Romney were to become the next U.S. president, but threats to actually assassinate him should he win, Soldier X’s superiors dispensed plans of how the National Guard would be responsible for “taking over” and quelling such unrest.
The soldiers were reportedly told “Doomsday preppers will be treated as terrorists.” In addition, guns will be confiscated.
Referred to only as “Soldier X” under promise of anonymity, an Army National Guardsman spoke via phone with Infowars Nightly News Producer Rob Dew regarding a recent briefing his unit underwent on actions the military would take in the event that an Obama election loss sparked rioting in America’s streets. Citing not only recent widespread threats to riot if Mitt Romney were to become the next U.S. president, but threats to actually assassinate him should he win, Soldier X’s superiors dispensed plans of how the National Guard would be responsible for “taking over” and quelling such unrest.
The soldiers were reportedly told “Doomsday preppers will be treated as terrorists.” In addition, guns will be confiscated.
from The Weekly Standard:
Breaking news on Benghazi: the CIA spokesman, presumably at the direction of CIA director David Petraeus, has put out this statement: “No one at any level in the CIA told anybody not to help those in need; claims to the contrary are simply inaccurate. ”
So who in the government did tell “anybody” not to help those in need? Someone decided not to send in military assets to help those Agency operators. Would the secretary of defense make such a decision on his own? No.
Breaking news on Benghazi: the CIA spokesman, presumably at the direction of CIA director David Petraeus, has put out this statement: “No one at any level in the CIA told anybody not to help those in need; claims to the contrary are simply inaccurate. ” So who in the government did tell “anybody” not to help those in need? Someone decided not to send in military assets to help those Agency operators. Would the secretary of defense make such a decision on his own? No.
It would have been a presidential decision. There
was presumably a rationale for such a decision. What was it? When and
why—and based on whose counsel obtained in what meetings or
conversations—did President Obama decide against sending in military
assets to help the Americans in need?
Read More @ TheWeeklyStandard.com
from laroucheyouth:
It is a dark future President Barack Obama has given to mankind with his illegal entering of Libya and the allowed execution of Muammar Gaddafi. An ominous reality that will remain, with the plague of partisan politics. Now, Russia, has offered its warning. Heed it. Or prepare yourselves for a 21st Century thermonuclear black death.
It is a dark future President Barack Obama has given to mankind with his illegal entering of Libya and the allowed execution of Muammar Gaddafi. An ominous reality that will remain, with the plague of partisan politics. Now, Russia, has offered its warning. Heed it. Or prepare yourselves for a 21st Century thermonuclear black death.
by Jennifer Griffin, Fox News:
Fox News has learned from sources who were on the ground in Benghazi that an urgent request from the CIA annex for military back-up during the attack on the U.S. consulate and subsequent attack several hours later on the annex itself was denied by the CIA chain of command — who also told the CIA operators twice to “stand down” rather than help the ambassador’s team when shots were heard at approximately 9:40 p.m. in Benghazi on Sept. 11.
Former Navy SEAL Tyrone Woods was part of a small team who was at the
CIA annex about a mile from the U.S. consulate where Ambassador Chris
Stevens and his team came under attack. When he and others heard the
shots fired, they informed their higher-ups at the annex to tell them
what they were hearing and requested permission to go to the consulate
and help out. They were told to “stand down,” according to sources
familiar with the exchange. Soon after, they were again told to “stand
down.”
Woods and at least two others ignored those orders and made their way to the consulate which at that point was on fire. Shots were exchanged. The rescue team from the CIA annex evacuated those who remained at the consulate and Sean Smith, who had been killed in the initial attack. They could not find the ambassador and returned to the CIA annex at about midnight.
Read More @ FoxNews.com
Fox News has learned from sources who were on the ground in Benghazi that an urgent request from the CIA annex for military back-up during the attack on the U.S. consulate and subsequent attack several hours later on the annex itself was denied by the CIA chain of command — who also told the CIA operators twice to “stand down” rather than help the ambassador’s team when shots were heard at approximately 9:40 p.m. in Benghazi on Sept. 11.
Former Navy SEAL Tyrone Woods was part of a small team who was at the
CIA annex about a mile from the U.S. consulate where Ambassador Chris
Stevens and his team came under attack. When he and others heard the
shots fired, they informed their higher-ups at the annex to tell them
what they were hearing and requested permission to go to the consulate
and help out. They were told to “stand down,” according to sources
familiar with the exchange. Soon after, they were again told to “stand
down.” Woods and at least two others ignored those orders and made their way to the consulate which at that point was on fire. Shots were exchanged. The rescue team from the CIA annex evacuated those who remained at the consulate and Sean Smith, who had been killed in the initial attack. They could not find the ambassador and returned to the CIA annex at about midnight.
Read More @ FoxNews.com
On Europe's Three Year Insolvency Anniversary - The Definitive Interactive Infographic
Looking
back, it seems like only yesterday that the world's realized, "out of
the blue" that Europe was, gasp, insovlent. Alas, as the following
terrific "walk through memory lane" interactive infographic from the
Guardian reveals, it has now been well over three years and counting,
with everything starting with this October 2009 article in the FT, "Greece vows action to cut budget deficit"
in which then-PM G-Pap revealed a massive hole in the Greek official
economic data and that its budget deficit would be double what was
previously forecast. The rest is history, and now Greece is a shell,
with unemployment off the charts, its finances and economy in shambles,
and the whole country serving as a passthru funding vehicle for Europe
to keep its own banks, and the ECB, solvent.In Advance Of Frankenstorm Sandy, NYC Suspending All Transit Services At 7:00 PM Sunday Through Wednesday
Money Printing & Unintended Consequences
Admin at Marc Faber Blog - 2 hours ago
"You can print money, but you can't control where the money will flow
into." - *in Seeking Alpha*
*Marc Faber is an international investor known for his uncanny predictions
of the stock market and futures markets around the world.*Now What Mr. President?
The 2008 elections were contested on the basis of rescuing the banks and financial markets while claiming that this was ESSENTIAL to save the economy. Four years later, the 2012 elections are being contested on the basis that the economy HAS been saved, but more needs to be done to ensure that it STAYS saved. Wall Street, as one of the first recipients of the new “money” cascading from both the Fed and the Treasury, has been happy to buy this. Main Street does NOT buy it. The result is an election campaign in the context of a comparative calm on financial markets and a seething discontent in the electorate.
by Susanne Posel, Occupy Corporatism:
Last week, gold fell
below $1,700 an ounce. This prompted caution in the metals markets as
the Federal Reserve Bank continues its purchases of the mortgage-backed
securities. The mainstream media touts this act as an attempt to
stimulate the American economy; however it is nothing less than a
land-grab by the technocrats.
Overseas, Germany’s central bank has neglected to audit the country’s estimated 3,400 tons of gold reserves. This resource would be desirable to the technocrats at this critical time – when they are endeavoring to implode fiat currencies in the EuroZone. Those gold stores are in the hands of the Federal Reserve headed by Ben Bernanke.
It is supposed that the same 3,400 tons of gold (valued at an estimated $190 billion) is currently in the possession of the central bankers in the US, France and England; assuming that this gold is the same gold that was stored at the end of the Cold War.
Read More @ OccupyCorporatism.com
Last week, gold fell
below $1,700 an ounce. This prompted caution in the metals markets as
the Federal Reserve Bank continues its purchases of the mortgage-backed
securities. The mainstream media touts this act as an attempt to
stimulate the American economy; however it is nothing less than a
land-grab by the technocrats.Overseas, Germany’s central bank has neglected to audit the country’s estimated 3,400 tons of gold reserves. This resource would be desirable to the technocrats at this critical time – when they are endeavoring to implode fiat currencies in the EuroZone. Those gold stores are in the hands of the Federal Reserve headed by Ben Bernanke.
It is supposed that the same 3,400 tons of gold (valued at an estimated $190 billion) is currently in the possession of the central bankers in the US, France and England; assuming that this gold is the same gold that was stored at the end of the Cold War.
Read More @ OccupyCorporatism.com
by Tom Woods, Tom Woods.com:
I run into this claim quite a lot. A lot of the people advancing it
are fans of G. Edward Griffin, and this is why I find it so odd that
this theory has gained so much traction. Griffin discounts the theory in
his excellent book The Creature from Jekyll Island. More on that in a minute.
There seems to be a desire among some end-the-Fed people to believe that we’ve had a few good presidents who have tried to stand up for the people but were tragically stopped by the bankers. Thus we hear this fake quotation, attributed to Woodrow Wilson, quite a bit: “I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.”
Read More @ TomWoods.com
from Gregory Mannarino:
I run into this claim quite a lot. A lot of the people advancing it
are fans of G. Edward Griffin, and this is why I find it so odd that
this theory has gained so much traction. Griffin discounts the theory in
his excellent book The Creature from Jekyll Island. More on that in a minute.There seems to be a desire among some end-the-Fed people to believe that we’ve had a few good presidents who have tried to stand up for the people but were tragically stopped by the bankers. Thus we hear this fake quotation, attributed to Woodrow Wilson, quite a bit: “I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.”
Read More @ TomWoods.com
from Gregory Mannarino:
by Melanie Hunter, CNSnews:
In a blog on the Department of Homeland Security website, Secretary
Janet Napolitano said her department is working to develop the next
generation of leaders in cybersecurity beginning in kindergarten.
In a blog titled, “Inspiring the Next Generation of Cyber Professionals,” Napolitano said, “In addition, we are extending the scope of cyber education beyond the federal workplace through the National Initiative for Cybersecurity Education, involving students from kindergarten through post-graduate school.”
“At DHS, we’re working to develop the next generation of leaders in cybersecurity while fostering an environment for talented staff to grow in this field. We are building strong cybersecurity career paths within the Department, and in partnership with other government agencies,” the secretary said.
DHS also sponsors the U.S. Cyber Challenge, she said, “a program that works with academia and the private sector to identify and develop the best and brightest cyber talent to meet our nation’s growing and changing security needs.”
Read More @ CNSnews.com
What
this data does not show are the reverse transfers via interest
payments. There is no data (that I can find) on treasury interest
payments received by income quintile, but assuming that the top quintile
dominates income from interest (as they dominate ownership of financial assets, owning over 95% of all financial assets) this leaves the lower income quintiles benefiting from transfer payments, the top quintile benefiting from interest (as
well as policies like bank bailouts, corporate subsidies, and
quantitative easing, whose benefits overwhelmingly benefit the top
quintile), and squeezing the taxpaying middle quintiles who receive
neither the benefits of interest payments, nor significant welfare
transfers. To misquote George Orwell, when it comes to the national debt
and who takes its burden, some pigs are definitely more equal than
others.
Your support is needed...
Thank You
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In a blog on the Department of Homeland Security website, Secretary
Janet Napolitano said her department is working to develop the next
generation of leaders in cybersecurity beginning in kindergarten.In a blog titled, “Inspiring the Next Generation of Cyber Professionals,” Napolitano said, “In addition, we are extending the scope of cyber education beyond the federal workplace through the National Initiative for Cybersecurity Education, involving students from kindergarten through post-graduate school.”
“At DHS, we’re working to develop the next generation of leaders in cybersecurity while fostering an environment for talented staff to grow in this field. We are building strong cybersecurity career paths within the Department, and in partnership with other government agencies,” the secretary said.
DHS also sponsors the U.S. Cyber Challenge, she said, “a program that works with academia and the private sector to identify and develop the best and brightest cyber talent to meet our nation’s growing and changing security needs.”
Read More @ CNSnews.com
The Burden Of Government Debt
What
this data does not show are the reverse transfers via interest
payments. There is no data (that I can find) on treasury interest
payments received by income quintile, but assuming that the top quintile
dominates income from interest (as they dominate ownership of financial assets, owning over 95% of all financial assets) this leaves the lower income quintiles benefiting from transfer payments, the top quintile benefiting from interest (as
well as policies like bank bailouts, corporate subsidies, and
quantitative easing, whose benefits overwhelmingly benefit the top
quintile), and squeezing the taxpaying middle quintiles who receive
neither the benefits of interest payments, nor significant welfare
transfers. To misquote George Orwell, when it comes to the national debt
and who takes its burden, some pigs are definitely more equal than
others.Your support is needed...
Thank You
I'm PayPal Verified
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