Submitted by Tyler Durden on 06/30/2015 - 22:25
The entire Western edifice rests on lies. There is no other foundation. Just lies. This makes truth an enemy. Enemies have to be suppressed, and thus truth has to be suppressed.
by Brandon Turbeville, Activist Post:
When researchers such as myself have reported that the United States is
funding al-Qaeda, Nusra, ISIS and other related terror organizations in
Syria, we were not kidding. Still, despite the fact that even the U.S. government itself has admitted that it was funding terrorists– directly and indirectly through Saudi Arabia, the suggestion was met with disbelief, ridicule, or either entirely ignored.
Now, however, the United States government has admitted that it funds terrorists on the ground in Syria yet again, this time placing an individual dollar amount on the assistance provided.
Read More @ ActivistPost.com
When researchers such as myself have reported that the United States is
funding al-Qaeda, Nusra, ISIS and other related terror organizations in
Syria, we were not kidding. Still, despite the fact that even the U.S. government itself has admitted that it was funding terrorists– directly and indirectly through Saudi Arabia, the suggestion was met with disbelief, ridicule, or either entirely ignored. Now, however, the United States government has admitted that it funds terrorists on the ground in Syria yet again, this time placing an individual dollar amount on the assistance provided.
Read More @ ActivistPost.com
from Kingworldnews:
The central banks and their various allies go into overdrive to control
all key markets in order to not let things get out of hand and possibly
result in a public loss of confidence. Unfortunately for all of us they
have absolutely no solutions to the problems that the world now faces.
So things will just continue to deteriorate until we reach the stage
where they control everything. At that point the Great Unwind begins in
earnest.
There are many situations today for which there are no palatable solutions. The current chaos centers on the certainty that GREXIT is on the way. The overall ramifications of what will transpire are not fully known, but one thing we know for sure is that the outcome will be extremely disruptive. This process will be very dangerous for a world financial scene which is horrifically over-levered. And I say that without even factoring in the derivative issue, which will ultimately prove to be catastrophic.
John Embry Continues @ King World News
The central banks and their various allies go into overdrive to control
all key markets in order to not let things get out of hand and possibly
result in a public loss of confidence. Unfortunately for all of us they
have absolutely no solutions to the problems that the world now faces.
So things will just continue to deteriorate until we reach the stage
where they control everything. At that point the Great Unwind begins in
earnest.There are many situations today for which there are no palatable solutions. The current chaos centers on the certainty that GREXIT is on the way. The overall ramifications of what will transpire are not fully known, but one thing we know for sure is that the outcome will be extremely disruptive. This process will be very dangerous for a world financial scene which is horrifically over-levered. And I say that without even factoring in the derivative issue, which will ultimately prove to be catastrophic.
John Embry Continues @ King World News
Goldman Just Crushed The "Strong Fundamentals" Lie; Cuts EPS, GDP, Revenue And Profit Forecasts
Submitted by Tyler Durden on 06/30/2015 - 22:15 To summarize: the first revenue drop for the S&P in 5 years, a major downward revision in EPS now expecting just 1% increase in 2015 EPS, a 25% cut to GDP forecasts, a machete taken to corporate profits and 10 Yields, and not to mention double digit sales declines for some of the most prominent tech companies in the world. And that, in a nutshell, is the "strong fundamentals" that everyone's been talking about.
The Care And Feeding Of A Financial Black Hole
Submitted by Tyler Durden on 06/30/2015 - 21:15 "...anyone who knows mathematics can see that the United States is on the verge of collapse because its debt has gone exponential, but no European (never mind American) politician can state the obvious, no matter how obvious it is. American officials and politicians are definitely puppets, controlled by corporate lobbyists and shady oligarchs. But here's a shocker: these are also puppets - controlled by the simple imperatives of profitability and wealth preservation, respectively. In fact, it's puppets all the way down. And what's at the bottom is a giant, ever-expanding, financial black hole."
Chinese QE Calls Officially Begin: Bond Swap "Sucks Liquidity", "Contributes To Stock Slump", Broker Claims
Submitted by Tyler Durden on 06/30/2015 - 20:40 "Local debt issuance sucks liquidity, reduces banks’ capital to buy bonds, contributes to stock slump," Haitong Securities says. The only option, according to the firm, is outright debt monetization by the PBoC.
No End In Sight For Higher-Education Malinvestment
Submitted by Tyler Durden on 06/30/2015 - 20:05 "A true bubble is when something is overvalued and intensely believed. Education may be the only thing people still believe in in the United States. To question education is really dangerous. It is the absolute taboo. It’s like telling the world there’s no Santa Claus."Stocks Turmoil To End Q2 With Worst Run Since Lehman
Submitted by Tyler Durden on 06/30/2015 - 16:08
Trial balloons have been floated in various publications that to defeat both ISIS and Assad in Syria, we have to re-think our animosity toward al-Qaeda. Will we once again be taken for a ride down fantasy lane by the neocons?
Nothing like allowing yourself and your kids to be shot up with Mercury...Enjoy...
Health freedom advocates are rallying to stop California Governor Jerry
Brown from signing into law Senate Bill 277, which threatens to
eliminate the freedom of parents to opt their children out of vaccines
for personal or philosophical reasons. Reports indicate that SB 277 has
passed through the California legislature, despite massive public
outcry, and is now being sent to Gov. Brown’s office for final
consideration.But the bill’s passage is not necessarily a done deal, which means now is the time to turn up the heat and let your voices be heard on this crucial issue. Parents, health freedom advocates and others who oppose medical tyranny need to flood Gov. Brown’s office with letters and phone calls informing him that Californians won’t be bullied into surrendering their freedom of medical choice to the state.
Read More @ NaturalNews.com
Are Goldman Sachs executives Lloyd Blankfein, Gary Cohn and Addy
Loudiadis losing any sleep over elderly pensioners waiting outside
shuttered banks in Greece, desperately trying to obtain their pension
checks to pay their rent and buy food? Are these Goldman honchos feeling
a small pang of conscience over the humiliation by creditors of this
once proud country? Perhaps Blankfein, who famously espoused that he’s “doing God’s work”
might shed a tear or two for the small child clinging to her elderly
Grandmother’s hand as she searches in Athens for an ATM that will give
her $66 from her bank account – the maximum allowed per day under the
newly imposed capital controls.According to investigative reports that appeared in Der Spiegel, the New York Times, BBC, and Bloomberg News from 2010 through 2012, Blankfein, now Goldman Sachs CEO, Cohn, now President and COO, and Loudiadis, a Managing Director, all played a role in structuring complex derivative deals with Greece which accomplished two things: they allowed Greece to hide the true extent of its debt and they ended up almost doubling the amount of debt Greece owed under the dubious derivative deals.
Read More @ WallStreetonParade.com
from TheAlexJonesChannel:
by Philippe Gastonne, The Daily Bell:
Fractional reserve banking is intrinsically dishonest. Bankers promise
depositors instant access to their money, even as they lend that same
money to unrelated persons. The depositor agreement is a contract the
bank knows it cannot possibly fulfill.
This pyramid-scheme business model would be unsustainable without the backstop of a central bank as “lender of last resort.” Bank runs are (theoretically) impossible if the central bank does its job.
The European Central Bank is failing one of its member countries this week. Greek banks are closed after the ECB cut off funding over the weekend. Depositors drained ATM machines in a vivid illustration of the very behavior the ECB is supposed to stop.
Read More @ TheDailyBell.com
Fractional reserve banking is intrinsically dishonest. Bankers promise
depositors instant access to their money, even as they lend that same
money to unrelated persons. The depositor agreement is a contract the
bank knows it cannot possibly fulfill.This pyramid-scheme business model would be unsustainable without the backstop of a central bank as “lender of last resort.” Bank runs are (theoretically) impossible if the central bank does its job.
The European Central Bank is failing one of its member countries this week. Greek banks are closed after the ECB cut off funding over the weekend. Depositors drained ATM machines in a vivid illustration of the very behavior the ECB is supposed to stop.
Read More @ TheDailyBell.com
from RT:
Hypocrisy: Obama defends slavery, then attacks rebel flag for ties to slavery
by Kit Daniels, Infowars:
Right before he publicly attacked the Confederate flag as a “symbol of
slavery,” President Obama quietly removed an “anti-slavery” provision
from the Trans-Pacific Partnership Trade Agreement.
“The provision, which bars countries that engage in slavery from being part of major trade deals with the U.S., was written by Sen. Bob Menendez (D-N.J.),” The Huffington Post reported in May. “At the insistence of the White House, Menendez agreed to modify his language to say that as long as a country is taking ‘concrete’ steps toward reducing human trafficking and forced labor, it can be part of a trade deal.”
“Under the original language, the country that would be excluded from the pending Trans-Pacific Partnership pact is Malaysia.”
Read More @ Infowars.com
by Kit Daniels, Infowars:
Right before he publicly attacked the Confederate flag as a “symbol of
slavery,” President Obama quietly removed an “anti-slavery” provision
from the Trans-Pacific Partnership Trade Agreement.
“The provision, which bars countries that engage in slavery from being part of major trade deals with the U.S., was written by Sen. Bob Menendez (D-N.J.),” The Huffington Post reported in May. “At the insistence of the White House, Menendez agreed to modify his language to say that as long as a country is taking ‘concrete’ steps toward reducing human trafficking and forced labor, it can be part of a trade deal.”
“Under the original language, the country that would be excluded from the pending Trans-Pacific Partnership pact is Malaysia.”
Read More @ Infowars.com
After six months of study, the U.S. Immigration and Customs Enforcement
agency, a division of the Department of Homeland Security, has issued
new guidelines on how to care for transgender illegal aliens who end up
in detention facilities, awaiting possible deportation.The goal of the Transgender Care Memorandum is to provide a “respectful, safe and secure environment for all detainees, including those individuals who identify as transgender.”
Among the questions to be asked of men who identify as women or vice-versa: “Do you prefer to wear male or female clothing?” “Are there any specific clothing items (e.g. undergarments) that you need that you have not been provided?”
Read More @ CNSnews.com
What’s going on in Greece right now should serve as a warning sign for the entire world.
Demand for gold coins and bars from European investors has increased
significantly in the past month as the Greek crisis enters a new phase.
I believe there is a plan for destroying America, that it exists on
paper, and that thousands of people are involved in executing it. Many
are doing it knowingly, some are being used as pawns, and others are
being bribed for their silence. It’s based on greed, built on power, and
fueled with hate. And it’s the biggest, damn conspiracy in the history
of the world.
After testing 16 women from different regions all over Germany, the Green Party 
James Turk:
“The inevitable finally happened, Eric. The Greek financial system is
collapsing. We can’t say yet that it has “collapsed” because we are not
there yet. The collapse is just beginning. At this time, we do not know
where all the pieces will fall…. 
Thanks to the Supreme Court’s willingness to make stuff up, Obamacare
has been saved once again. In order to save Obamacare from utter
disaster, Chief Justice Roberts essentially rewrote the law. If you are
thinking that the Supreme Court is not supposed to do that, you would
be right. But this is what our judicial system has devolved into. When
I was in law school, I was horrified to discover that most judges in
our country just do whatever they feel like doing. Instead of applying
the law to the facts and coming to a fair and unbiased judgment, most
judges in America just do whatever they want to do and then search for
some law or case precedent that they can use to justify their decision.
If there is no law or case precedent, some federal judges even go
outside of the country to find justification for their absolutely
ridiculous rulings. There have been instances where international law
or international standards of morality have been cited as authority for a
decision in a federal case. We have become a lawless land where the
letter of the law no longer holds any real meaning, and where tyrannical
judges just make stuff up out of thin air in order to advance their own
personal political agendas. 
Despite the fact that the Greek government has now imposed capital
controls and has instructed banks to close for this week, the price of
gold had a rather muted response while global equities experienced a
sharp sell-off.
I really had not been paying much attention to the Puerto Rico debt
situation. After all, $72 billion in debt that might go bad – big deal.
The Fed can print up $72 billion in credit lines with the push of a
button.
The Office of Comptroller of Currencies has just released their latest
report on derivatives for the first quarter of 2015 and it is
absolutely….different.
…when
you see that men get richer by graft and by pull than by work, and your
laws don’t protect you against them, but protect them against you–when
you see corruption being rewarded and honesty becoming a
self-sacrifice–you may know that your society is doomed. – Ayn Rand,
“Atlas Shrugged”
The EU reacted to Greek Prime Minister Alexis Tsipras’s announcement
that the country’s decision on whether to accept a bailout deal would be
put to a national referendum by showing “contempt” and “disdain” for
the very notion of democracy, according to Finance Minister Yanis
Varoufakis.
As everyone now knows, the weekend saw a trifecta of major news.
Obviously, the first piece of news was the calling of the Greek
referendum, which basically will lead to a lose/lose choice between
chaos and more chaos (more about that below).
It was a bad day in the market. It was down 2%. That’s nothing in the
big picture. The market is up 300% since 2009. A 2% move shouldn’t be a
problem in a normal market. But, we have an extremely overvalued
abnormal market, propped up by excessive levels of debt and hundreds of
billions in corporate stock buybacks. These CEO titans of industry are
driven by greed and personal ambition. They aren’t smart enough to grow
their businesses, so they have bought back their stock at record high
prices in order to boost Earnings Per Share and their own stock based
compensation packages.
As we enter 
Now that we know Greece will default, where do things go from here?
Before getting to that very tough question (with no concrete answers), I
would ask another stinging question. “Was a Greek default really
“already in the market”? I have to chuckle just a little as Zerohedge
did an article quoting many “talking heads” who as of last Friday were
still doing their best Bruce Willis imitations and advising “come out to
the coast, we’ll have a BLAST”! 
Global banking behemoth HSBC is not having a good 2015, despite
celebrating its 150th anniversary. It has been implicated in even more
scandals than usual, faces a 5% increase in dividend costs in its
adopted home country, the UK, and has decided to lay off another 25,000
workers worldwide. It’s also selling off its Brazil and Turkey units and
is even ![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
