from SurvivalBlog.com:
I often get e-mails from folks that have just found SurvivalBlog or that have just finished a copy of my my novel “Patriots” , that they received as a gift from a relative or a friend. Their response is surprisingly uniform: People feel overwhelmed by the enormity of what it takes to get a family prepared.
First, take a deep breath and relax. Just realizing that you need to get prepared has already put you ahead of 70% of your neighbors, who are sadly little more than clueless sheeple. If you accumulate a one-month food supply then elevates your preparedness into the 80th percentile of preparedness. And by the time you work your way up to a one year supply, you’ll be in the 98th percentile. It’s not very difficult, its not very expensive, and its not very time-consuming. Just do it one step at a time.
First Things First
Before you begin to prepare, pray. As a Christian, I put my trust in God’s guidance, providence, and protection. You can and should do the same. (See my Prayer page.)
Then consider, Survival Isn’t About Stuff, It is About Skills. You should take advantage of low-cost and no-cost training.
Read More @ SurvivalBlog.com
[Ed. Note: You absoultely must re-watch the clip from 13:05 - 18:15. As I have told Chris Duane, if people truly understood how absolutely incredibly difficult physical silver is to find, mine, refine & get to market, APMEX, Gainsville, LibertyCPM, Tulving & Provident would be sold out by morning.]
from TruthNeverTold :
I often get e-mails from folks that have just found SurvivalBlog or that have just finished a copy of my my novel “Patriots” , that they received as a gift from a relative or a friend. Their response is surprisingly uniform: People feel overwhelmed by the enormity of what it takes to get a family prepared.First, take a deep breath and relax. Just realizing that you need to get prepared has already put you ahead of 70% of your neighbors, who are sadly little more than clueless sheeple. If you accumulate a one-month food supply then elevates your preparedness into the 80th percentile of preparedness. And by the time you work your way up to a one year supply, you’ll be in the 98th percentile. It’s not very difficult, its not very expensive, and its not very time-consuming. Just do it one step at a time.
First Things First
Before you begin to prepare, pray. As a Christian, I put my trust in God’s guidance, providence, and protection. You can and should do the same. (See my Prayer page.)
Then consider, Survival Isn’t About Stuff, It is About Skills. You should take advantage of low-cost and no-cost training.
Read More @ SurvivalBlog.com
[Ed. Note: You absoultely must re-watch the clip from 13:05 - 18:15. As I have told Chris Duane, if people truly understood how absolutely incredibly difficult physical silver is to find, mine, refine & get to market, APMEX, Gainsville, LibertyCPM, Tulving & Provident would be sold out by morning.]
from TruthNeverTold :
from BrotherJohnf:
On Covered Bonds, Collateral Crunches, And The Circular Logic Of Central Banks
Since
2009, outside of the megabanks in Europe, the bulk of the rest of the
financial system has been completely shut out of the unsecured financing
markets. One of the workarounds to this liquidity problem was
the reclamation or retention of covered bonds issued by the Eurozone
banks themselves, but these are constrained by strict
allocation rules. Once the bank reaches that defined upper bound, where
it is already close to exhausting this route, the bank will be forced to
find a further alternate means for funding its existing loan portfolio.
We discussed the issuance of self-referential or ponzi bonds previously
since - can you really “own” your own liabilities? Since circular logic pervades the current realm of central banking, this is wholly unquestioned. In reality, retained covered bonds are just the accounting gloss on direct monetization of past and existing mortgage loans.
Covered bonds as collateral to the ECB is an extremely important bridge
holding the shaky liquidity system together as it is now; as the
shortage of 'good' collateral increases, banks that do not possess enough “good” collateral have self-selected themselves for extinction and resource re-allocation.
There is no economic argument for maintaining self-selected bad banks.
Free markets demand their extinction. Anything short of that will
result in escalating and perpetual liquidity and solvency crises until
the real economy is freed from the yolk of bad banks and their
dis-intermediation. There is no real wonder as to why we have exactly that right now – the intrusion of politics done in the name of economics.Donations will help maintain this goal and defray the operational costs. Paypal, a leading provider of secure online money transfers, will handle the donations. Thank you for your contribution.
I'm PayPal Verified
Japan's Ambassador To China Dies As Chinese Police Use Tear Gas, Water Cannon On Anti-Japan Protesters
Yesterday
we described that anti-Japan sentiment across China was spreading like
wildfire with some even suggesting it is time to declare war on Japan
(see picture) in retaliation for the unprecedented shift in Japan's
status quo vis-a-vis the Senkaku Islands. Today it has gotten even
worse. From Reuters: "Chinese police used pepper spray, tear gas and
water cannon to break up an anti-Japan protest in southern China on
Sunday as demonstrators took to the streets in scores of cities across
the country in a long-running row over a group of disputed islands. The
protests erupted in Beijing and many other cities on Saturday, when
demonstrators besieged the Japanese embassy, hurling rocks, eggs and
bottles and testing police cordons, prompting the Japanese prime
minister to call on Beijing to ensure protection of his country's people
and property. In the biggest flare-up on Sunday, police fired about 20
rounds of tear gas and used water cannon and pepper spray to repel
thousands occupying a street in the southern city of Shenzhen, near Hong
Kong. Protesters attacked a Japanese department store, grabbed police
shields and knocked off their helmets. One protester was seen with
blood on his face. At least one policeman was hit with a flowerpot."
And while the populist reaction was widely expected, the most
surprising development came from Japan, where the designated ambassador
to Beijing mysteriously died several hours ago after collapsing in the
street without any obvious cause.Video: Natural Gas & Crude Oil
Admin at Jim Rogers Blog - 4 hours ago
Related ETFs: United States Oil Fund LP ETF (USO), United States Natural
Gas Fund ETF (UNG)
*Jim Rogers is an author, financial commentator and successful
international investor. He has been frequently featured in Time, The New
York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The
Financial Times and is a regular guest on Bloomberg and CNBC.*
The Dangers Of This Expansionist Monetary Policy
Admin at Marc Faber Blog - 4 hours ago
The money printers are responsible for this crisis. If we continue with
this expansionist monetary policy we won’t be facing a fiscal cliff it will
be a fiscal grand canyon. - *in CNBC *
*Marc Faber is an international investor known for his uncanny predictions
of the stock market and futures markets around the world.*
QE, Asset Prices & The Mayfair Economy
Admin at Marc Faber Blog - 16 hours ago
This unlimited QE (quantitative easing) , buying mortgage-backed securities
(MBS) and continuing operation twist has the implication of simply having
asset prices go up and the money flows down to the Mayfair economy (*). -
in CNBC
(*) A Mayfair economy is one which benefits the wealthier and better off in
society
*Marc Faber is an international investor known for his uncanny predictions
of the stock market and futures markets around the world.*The Mechanics Of Manipulation
The chasm between official claims and reality is set to widen even further than it already has. The point will inexorably come when the long-suffering denizens of “Main Street” will rebel with the same combination of designed apathy and weary disgust with which the people of the East Bloc turned irrevocably away from their own rulers. The first “victim” of this abhorrence will be the Fed.Krugman, Newton & Zombie Banks
The new policy of unlimited quantitative easing is an experiment. If those theorists of insufficient aggregate demand are right, then the problem will soon be solved, and we will return to strong long-term organic growth, low unemployment and prosperity. I would be overjoyed at such a prospect, and would gladly admit that I was wrong in my claim that depressed aggregate demand has merely been a symptom and not a cause. On the other hand, if economies remain depressed, or quickly return to elevated unemployment and weak growth, or if the new policy has severe adverse side effects, it is a signal that those who proposed this experiment were wrong.'Zee Stabilitee & The Wealth Effect' - Name These Two Charts
UPDATE: Answers Provided
A century apart and a continent apart. With Bernanke's fingers now glued on CTRL-C, perhaps the reality of these two charts suggests it's really not different this time at all...
The Fed May Be Pumped Up
“For every action there is an equal and opposite reaction,” Isaac Newton tells us. It
is within this context that we also account for “unintended
consequences;” those nasty things that no one thinks of that tend to
jump out of the bushes at you when you thought you had everything
figured out. In Bernanke’s rush to increase employment and raise asset
prices and lower mortgage rates, if not to help the President with his
re-election; we would assert that the Fed did not go far enough in its thinking and that they may get stung by what they have not considered. The issue here is gas at the pump.
Far more important to most Americans than the interest rate on their
mortgages is how much they have to pay to fill up their cars. The
recent position of the Fed was spelled out and will be enacted. The ECB,
though, waved the banner of “unlimited” and “without cap” subject to
the CONDITION of the EU’s acceptance and audits and the approval of any nation applying for aid. If 'A' depends on 'B' and 'B' is not forthcoming then 'A' is a worthless proposition. Tell no one that we told you though. After this weekend’s meeting of the European Finance Ministers it is crystal clear that no new banking oversight authority is imminent.Janet Tavakoli: Understanding Derivatives and Their Risks
Global financial markets are awash in hundreds of trillions of dollars worth of derivatives. By some estimates, the total amount exceeds one quadrillion.
Derivatives played a central role in the 2008 credit crisis, as they
had a brutal multiplying effect on the magnitude of the carnage. As a
bad asset was written down, oftentimes there were derivative contracts
written against it that resulted in total losses 10x greater than the
initial write-down. But what exactly are derivatives? How do they work?
And have we learned to treat these "weapons of mass financial
destruction" (as Warren Buffet colorfully coined them) any more
carefully in the aftermath of the global financial crisis? Not
really, claims Janet Tavakoli, the danger behind derivatives doesn't
lie in their existence, she stresses, but when abused, derivatives can
create massive damages. So at the root of the "derivatives
problem" is control fraud - the rampant unchecked criminal action by
influential players on Wall Street.Visualizing Japan's Debt Crisis
From the largest Japanese pension fund unwinding its JGB holdings to Kyle Bass' infamous 'debt-saturation Japan Trade' and Dylan Grice's original Japan funding crisis discussion,
the nation - now facing Chinese dis-satisfaction over the recent
island-purchase - continues to stagger with its Keynesian-endgame
heading to a Koo-nesian disaster. The following info-graphic, via Informed Trades,
provides everything the savvy investor needs to know about Debt/GDP,
balance of payments, energy imports, demographics, and currency
debasement.Emerging miners VS large cap producers VS physical metal in hand, all in the face of a looming economic, debt-riddled catastrophe. The debate rages on.
by Dan and Sheila Gendron, Activist Post
ou should have seen us when we wore Rolexes, big diamonds and the
latest fashions. You should have seen our 3000 sq. ft. house that
required a full-time housekeeper and gardeners, not to mention the
electric, phone and water bills. You should have seen my long, weekly
manicured fingernails and perfectly coiffed hair. You should have seen
the Cadillacs we drove. It was the image of monetary wealth –
unfortunately, all too often confused with real value.
You wouldn’t have known we were people who could be happy in a one-bedroom cinderblock house in which we must keep a fire going in order to stay warm. That is, of course, unless you chose to look under the surface. All that opulence never impressed us, even though it was never bought on credit but with money we had worked our buns off to make. It was just a tool we used to get ourselves to our goal – a self-sufficient, off-grid survivalist retreat.
Our first house in the wilderness was a 16′ by 32′ plywood shack, finished only well enough to be livable, not aesthetically pleasing. It didn’t take much of our funds and we chose not to put a lot of money into it at the time. We knew we were going to build another someday (it happened a mere 2 years later). But that plywood shack had VALUE. It kept us warm and protected from the weather and gave us the freedom to finish other projects.
Read More @ Activist Post
ou should have seen us when we wore Rolexes, big diamonds and the
latest fashions. You should have seen our 3000 sq. ft. house that
required a full-time housekeeper and gardeners, not to mention the
electric, phone and water bills. You should have seen my long, weekly
manicured fingernails and perfectly coiffed hair. You should have seen
the Cadillacs we drove. It was the image of monetary wealth –
unfortunately, all too often confused with real value.You wouldn’t have known we were people who could be happy in a one-bedroom cinderblock house in which we must keep a fire going in order to stay warm. That is, of course, unless you chose to look under the surface. All that opulence never impressed us, even though it was never bought on credit but with money we had worked our buns off to make. It was just a tool we used to get ourselves to our goal – a self-sufficient, off-grid survivalist retreat.
Our first house in the wilderness was a 16′ by 32′ plywood shack, finished only well enough to be livable, not aesthetically pleasing. It didn’t take much of our funds and we chose not to put a lot of money into it at the time. We knew we were going to build another someday (it happened a mere 2 years later). But that plywood shack had VALUE. It kept us warm and protected from the weather and gave us the freedom to finish other projects.
Read More @ Activist Post
from RonPaulCC2012 :
[Ed. note:
Notice that the BBA uses the word "criminal sanctions" instead of
'criminal charges'. As Celente says,"Justice" is just for us little
people.]
The British Bankers’ Association has put forward proposals to strengthen criminal sanctions against bankers who break financial conduct rules in a significant repositioning of the organisation which has previously been seen as the last defender of the City.
by Kamal Ahmed, The Telegraph:
In his first in-depth interview as the new chief executive of the
BBA, Anthony Browne said the financial sector had to clear out the “bad
apples”, give regularly up-dated ethical training to bankers and prevent
people who had been found guilty of wrong-doing at one bank simply
turning up at another organisation.
Although Mr Browne refused to comment on the details, it is believed that the BBA’s submission to the parliamentary review on banking behaviour being led by Andrew Tyrie MP includes proposals to strengthen the law. The BBA is thought to be proposing an overhaul of the Financial Services Authority’s “approved persons” regime which it says is too loosely defined and is not implemented robustly enough.
The association also wants to see a toughening of the conduct of business provisions and extending the reach of Treasury plans to put in place criminal sanctions against banking directors of failed institutions.
The BBA is considering recommending that the criminal law be used against any senior bankers found to have been involved in wrong-doing, not just directors and not just if a bank collapses.
Read More @ Telegraph.co.uk
The British Bankers’ Association has put forward proposals to strengthen criminal sanctions against bankers who break financial conduct rules in a significant repositioning of the organisation which has previously been seen as the last defender of the City.
by Kamal Ahmed, The Telegraph:
In his first in-depth interview as the new chief executive of the
BBA, Anthony Browne said the financial sector had to clear out the “bad
apples”, give regularly up-dated ethical training to bankers and prevent
people who had been found guilty of wrong-doing at one bank simply
turning up at another organisation.Although Mr Browne refused to comment on the details, it is believed that the BBA’s submission to the parliamentary review on banking behaviour being led by Andrew Tyrie MP includes proposals to strengthen the law. The BBA is thought to be proposing an overhaul of the Financial Services Authority’s “approved persons” regime which it says is too loosely defined and is not implemented robustly enough.
The association also wants to see a toughening of the conduct of business provisions and extending the reach of Treasury plans to put in place criminal sanctions against banking directors of failed institutions.
The BBA is considering recommending that the criminal law be used against any senior bankers found to have been involved in wrong-doing, not just directors and not just if a bank collapses.
Read More @ Telegraph.co.uk
by James E. Miller, Mises:
Back in December of 2010, banking analyst Meredith Whitney went on 60 Minutes and
famously declared that a wave of municipal defaults was set to strike
the U.S. in 2011. Alas, her prediction did not come to pass as
municipal bonds have actually performed very well
over the past two years. At the time, her warning made sense since
most municipal governments are reliant on property taxes for revenue.
With the housing bubble popped and a large inventory of foreclosed homes
being left in the wreckage, the perfect storm really did appear to be
on the horizon. But with a string of California cities defaulting
recently, at least one prominent financial commentator has fallen into
Whitney’s camp. As Zerohedge reported, last month Warren Buffet terminated his position in muni bonds five years early for a loss
of a few hundred million. Given how highly connected Buffet is in the
elitist establishment of politicians, financiers, and central bankers,
it’s a safe bet that he knows something the average guy doesn’t.
Read More @ Mises.ca
Back in December of 2010, banking analyst Meredith Whitney went on 60 Minutes and
famously declared that a wave of municipal defaults was set to strike
the U.S. in 2011. Alas, her prediction did not come to pass as
municipal bonds have actually performed very well
over the past two years. At the time, her warning made sense since
most municipal governments are reliant on property taxes for revenue.
With the housing bubble popped and a large inventory of foreclosed homes
being left in the wreckage, the perfect storm really did appear to be
on the horizon. But with a string of California cities defaulting
recently, at least one prominent financial commentator has fallen into
Whitney’s camp. As Zerohedge reported, last month Warren Buffet terminated his position in muni bonds five years early for a loss
of a few hundred million. Given how highly connected Buffet is in the
elitist establishment of politicians, financiers, and central bankers,
it’s a safe bet that he knows something the average guy doesn’t.Read More @ Mises.ca
by Doug Noland, PrudentBear.com:
“Congratulations Mr. Bernanke. I’m happy, my assets’ values go up.
But as a responsible citizen I have to say the monetary policies of the
U.S. will destroy the world.” Marc Faber, investor, analyst and writer
extraordinaire, September 14, 2012, Bloomberg Television
The S&P 400 Mid-cap Index enjoyed a two-week gain of 5.7%, closing today at a new record high. The small cap Russell 2000 gained 6.5% in 9 sessions, with the Nasdaq composite up 3.8%. Notable sector gains include the 16.1% two-week surge by the S&P 500 Homebuilding index (up 99% y-t-d). The KWB Bank index jumped 9.4% in two weeks, increasing 2012 gains to 31%. The Morgan Stanley Cyclical index rose 8.1% over the past 9 sessions. The Morgan Stanley Retail Index gained 6.2% in two weeks and closed today at a record high (up 23.5% y-t-d). Gains have certainly not been limited to the U.S. Spain’s IBEX 35 index has gained 14.7% in 10 sessions, outgained by the 14.9% rise in Italy’s MIB index. Germany’s DAX has gained 10.9% in two weeks to increase y-t-d gains to 25.7%. India’s Sensex enjoyed a two-week gain of 8.8%, with South Korea’s Kospi up 7.0%, Brazil’s Bovespa up 9.4% and Mexico’s Bolsa up 7.2%.
Thursday morning, as markets waited anxiously for the release of the FOMC policy statement, a CNBC anchor noted that a Twitter “Bernanke” imposter had tweeted something along these lines: “I put my pants on in the morning just like anyone else, one leg at a time. And when I have my pants on – I print money!”
Read More @ PrudentBear.com
“Congratulations Mr. Bernanke. I’m happy, my assets’ values go up.
But as a responsible citizen I have to say the monetary policies of the
U.S. will destroy the world.” Marc Faber, investor, analyst and writer
extraordinaire, September 14, 2012, Bloomberg TelevisionThe S&P 400 Mid-cap Index enjoyed a two-week gain of 5.7%, closing today at a new record high. The small cap Russell 2000 gained 6.5% in 9 sessions, with the Nasdaq composite up 3.8%. Notable sector gains include the 16.1% two-week surge by the S&P 500 Homebuilding index (up 99% y-t-d). The KWB Bank index jumped 9.4% in two weeks, increasing 2012 gains to 31%. The Morgan Stanley Cyclical index rose 8.1% over the past 9 sessions. The Morgan Stanley Retail Index gained 6.2% in two weeks and closed today at a record high (up 23.5% y-t-d). Gains have certainly not been limited to the U.S. Spain’s IBEX 35 index has gained 14.7% in 10 sessions, outgained by the 14.9% rise in Italy’s MIB index. Germany’s DAX has gained 10.9% in two weeks to increase y-t-d gains to 25.7%. India’s Sensex enjoyed a two-week gain of 8.8%, with South Korea’s Kospi up 7.0%, Brazil’s Bovespa up 9.4% and Mexico’s Bolsa up 7.2%.
Thursday morning, as markets waited anxiously for the release of the FOMC policy statement, a CNBC anchor noted that a Twitter “Bernanke” imposter had tweeted something along these lines: “I put my pants on in the morning just like anyone else, one leg at a time. And when I have my pants on – I print money!”
Read More @ PrudentBear.com
by Susanne Posel, Occupy Corporatism:
Angelina Jolie, member of the Council on Foreign Relations (CFR) and Goodwill Ambassador for the United Nations has arrived
in Syria to survey the destruction caused by the proxy war created by
the US and Israel; as well as confirm that there is a need for the
continued supply and support of the CIA-sponsored Free Syrian Army
(FSA).
Jolie, after spending time with the estimated 253,000 Syrian refugees, recounts horrific events. She is part of the UN peace keeping envoy. Because Jolie has travelled across the globe on behalf of the UN before, she has been deployed to “help the Syrian people.”
It is expected that Jolie’s envoy will meet with Assad. Lakhdar Brahimi, UN diplomat travelling with Jolie, has replaced Kofi Annan and expects this mission to be “very difficult”.
In the manufactured war concocted in Syria, al-Qaeda has become a US asset . Using advanced tactics in terrorism and suicide bombers, as well as recruiting young and impressionable men to fight with the FSA.
Mainstream media is declaring that the Syrian government is weakening because they are preparing heavy artillery such as military aircraft, helicopters and tanks. The Obama administration is behind the propaganda, with Jeffrey White, fellow at the Washington Institute for Near East Policy (a globalist-controlled think-tank) and veteran of the US Defense Intelligence Agency saying that “[Assad does not] have enough combat maneuver units to deal with the rebellion.”
Read More @ OccupyCorporatism.com
Angelina Jolie, member of the Council on Foreign Relations (CFR) and Goodwill Ambassador for the United Nations has arrived
in Syria to survey the destruction caused by the proxy war created by
the US and Israel; as well as confirm that there is a need for the
continued supply and support of the CIA-sponsored Free Syrian Army
(FSA).Jolie, after spending time with the estimated 253,000 Syrian refugees, recounts horrific events. She is part of the UN peace keeping envoy. Because Jolie has travelled across the globe on behalf of the UN before, she has been deployed to “help the Syrian people.”
It is expected that Jolie’s envoy will meet with Assad. Lakhdar Brahimi, UN diplomat travelling with Jolie, has replaced Kofi Annan and expects this mission to be “very difficult”.
In the manufactured war concocted in Syria, al-Qaeda has become a US asset . Using advanced tactics in terrorism and suicide bombers, as well as recruiting young and impressionable men to fight with the FSA.
Mainstream media is declaring that the Syrian government is weakening because they are preparing heavy artillery such as military aircraft, helicopters and tanks. The Obama administration is behind the propaganda, with Jeffrey White, fellow at the Washington Institute for Near East Policy (a globalist-controlled think-tank) and veteran of the US Defense Intelligence Agency saying that “[Assad does not] have enough combat maneuver units to deal with the rebellion.”
Read More @ OccupyCorporatism.com
by Bianca Fernet, Testosterone Pit.com:
Sometimes I have to hand it to the Argentine government – their
systematic clampdown on the movement of goods and capital across their
borders is creeping along just enough to make international headlines
about once a week without incurring any real domestic outcry to speak
of. Remember how Argentines were taking shopping vacations to hot spots
like Miami to stock up on clothing, electronics, and other savvy
purchases using their Argentine credit cards to get the official 4.5
ARS/USD rate? Well as of early September, that loophole has been sewn
shut using fines, reporting measures, and penalties.
The new regulations include the following measures:
Sometimes I have to hand it to the Argentine government – their
systematic clampdown on the movement of goods and capital across their
borders is creeping along just enough to make international headlines
about once a week without incurring any real domestic outcry to speak
of. Remember how Argentines were taking shopping vacations to hot spots
like Miami to stock up on clothing, electronics, and other savvy
purchases using their Argentine credit cards to get the official 4.5
ARS/USD rate? Well as of early September, that loophole has been sewn
shut using fines, reporting measures, and penalties.The new regulations include the following measures:
- A 15 percent tax on dollar-denominated purchases outside Argentina made using credit or debit cards (think E-Bay, Amazon.com, etc)
- New requirements that every single purchase be reported to AFIP – before only purchases of more than 3000 pesos (roughly $650 at the official rate) were subject to reporting requirements
-
Banks must report every credit card purchase made by customers domestically and abroad to AFIP
- Failure to report customs declarations will result in steep fines and criminal charges
- Cardholders will be reimbursed the 15% each May if their taxes demonstrate they paid more than they owed the previous year. If this actually comes to pass, I will eat my shoes. Read More @ TestosteronePit.com
by Clarice Feldman, American Thinker:
When I was a kid, a popular TV show (and earlier a radio one) was You Are There, the theme of which was bringing the viewer into re-enacted historic events to better learn about them.
Watching the Middle East doings this week with any degree of care, news consumers can see quite clearly how mendacious officials, media and our enemies have created a false storyline about the uprisings in Cairo and Libya which, among other things have resulted in the murder of an Ambassador Chris Stevens and three of his aides, Glen Doherty, Sean Smith and Tyrone Woods and the loss of very important security information in Libya . (See this link is to the UK’s Daily Mail because the US press coverage has come nowhere near as detailed or accurate as this. The attacks didn’t even make it to the front page of the New York Times.)
These incidents mark the start of a serious further destabilization of a strategically significant part of the world. By Friday, other Western Embassies had been attacked in the Sudan, there was a bomb threat by Al Qaeda at the University of Texas and the US Embassy in Tunisia was being sacked. In fact, a Google map of the entire world shows how extensive the demonstrations are, many of which haven’t been reported here.
Read More @ AmericanThinker.com
When I was a kid, a popular TV show (and earlier a radio one) was You Are There, the theme of which was bringing the viewer into re-enacted historic events to better learn about them.Watching the Middle East doings this week with any degree of care, news consumers can see quite clearly how mendacious officials, media and our enemies have created a false storyline about the uprisings in Cairo and Libya which, among other things have resulted in the murder of an Ambassador Chris Stevens and three of his aides, Glen Doherty, Sean Smith and Tyrone Woods and the loss of very important security information in Libya . (See this link is to the UK’s Daily Mail because the US press coverage has come nowhere near as detailed or accurate as this. The attacks didn’t even make it to the front page of the New York Times.)
These incidents mark the start of a serious further destabilization of a strategically significant part of the world. By Friday, other Western Embassies had been attacked in the Sudan, there was a bomb threat by Al Qaeda at the University of Texas and the US Embassy in Tunisia was being sacked. In fact, a Google map of the entire world shows how extensive the demonstrations are, many of which haven’t been reported here.
Read More @ AmericanThinker.com
By Pepe Escobar, Asia Times.com:
“Daddy, what is blowback?”
Here’s a fable to tell our children, by the fire, in a not so-distant post-apocalyptic, dystopian future.
Once upon a time, during George “Dubya” Bush’s “war on terra”, the Forces of Good in Afghanistan captured – and duly tortured – one evil terrorist, Abu Yahya al-Libi.
Abu Yahya al-Libi was, of course, Libyan. He slaved three years in the bowels of Bagram prison near Kabul, but somehow managed to escape that supposedly impregnable fortress in July 2005.
At the time, the Forces of Good were merrily in bed with Colonel Muammar Gaddafi in Libya – whose intelligence services, to the delight of the Bush administration, were doing their nastiest to exterminate or at least isolate al-Qaeda-style Salafi-jihadis of the al-Libi kind.
But, then, in 2011, the Forces of Good, under new administration, decided it was time to bury the oh so passe “war on terra” and dance to a new, more popular groove; humanitarian intervention, also characterized as “kinetic military action”.
Read More @ ATimes.com
“Daddy, what is blowback?”Here’s a fable to tell our children, by the fire, in a not so-distant post-apocalyptic, dystopian future.
Once upon a time, during George “Dubya” Bush’s “war on terra”, the Forces of Good in Afghanistan captured – and duly tortured – one evil terrorist, Abu Yahya al-Libi.
Abu Yahya al-Libi was, of course, Libyan. He slaved three years in the bowels of Bagram prison near Kabul, but somehow managed to escape that supposedly impregnable fortress in July 2005.
At the time, the Forces of Good were merrily in bed with Colonel Muammar Gaddafi in Libya – whose intelligence services, to the delight of the Bush administration, were doing their nastiest to exterminate or at least isolate al-Qaeda-style Salafi-jihadis of the al-Libi kind.
But, then, in 2011, the Forces of Good, under new administration, decided it was time to bury the oh so passe “war on terra” and dance to a new, more popular groove; humanitarian intervention, also characterized as “kinetic military action”.
Read More @ ATimes.com
The
Financial Policy Committee, the body with oversight of the UK financial
system, will not prevent banks from taking risks, according to member
Paul Fisher.
by Jonathan Russell, The Telegraph:
The Bank of England’s executive director for markets said the twin
aims of the committee, to ensure banks had sufficient capital and
supporting the economic policies of the Government were not mutually
exclusive.
Writing in City newspaper City AM Mr Fisher said: “I want to stress that the FPC is not trying to prevent banks from taking risks. If we stopped all risk taking in the financial system – including, for example, those arising from the maturity transformation inherent in taking deposits and then lending – the economy would grind to a halt.”
The statement comes after questions were raised over the role of the FPC and whether it was part of a regulatory blitz that would stifle growth.
“FPC members saw the chancellor’s announcement of a secondary objective for the Committee – to support the economic policies of the government, including its objectives for growth and employment – as entirely consistent with its recommendations so far.”
Read More @ Telegraph.co.uk
by Jonathan Russell, The Telegraph:
The Bank of England’s executive director for markets said the twin
aims of the committee, to ensure banks had sufficient capital and
supporting the economic policies of the Government were not mutually
exclusive.Writing in City newspaper City AM Mr Fisher said: “I want to stress that the FPC is not trying to prevent banks from taking risks. If we stopped all risk taking in the financial system – including, for example, those arising from the maturity transformation inherent in taking deposits and then lending – the economy would grind to a halt.”
The statement comes after questions were raised over the role of the FPC and whether it was part of a regulatory blitz that would stifle growth.
“FPC members saw the chancellor’s announcement of a secondary objective for the Committee – to support the economic policies of the government, including its objectives for growth and employment – as entirely consistent with its recommendations so far.”
Read More @ Telegraph.co.uk
from Bullion Street:
Reiterating it’s commitment to ensure enough gold supply in the market, Vietnam’s central bank.
The State Bank of Vietnam said the Saigon Jewelry Company began to recast deformed gold bars on August 25 and plans to issue a total of 48,000 taels (1.8 tons) of gold onto the market by early next month.
Last week, the central bank officially made Saigon Jewelry Company (whose SJC-branded bullion already accounted for 90 percent of the local market) Vietnam’s sole bullion producer.
The long-anticipated move came after the central bank said it would take over gold production to tighten control over the market. From now on, Saigon Jewelry will only produce bullion based on orders from the central bank, according to a statement from the government.
Read More @ BullionStreet.com
Reiterating it’s commitment to ensure enough gold supply in the market, Vietnam’s central bank.The State Bank of Vietnam said the Saigon Jewelry Company began to recast deformed gold bars on August 25 and plans to issue a total of 48,000 taels (1.8 tons) of gold onto the market by early next month.
Last week, the central bank officially made Saigon Jewelry Company (whose SJC-branded bullion already accounted for 90 percent of the local market) Vietnam’s sole bullion producer.
The long-anticipated move came after the central bank said it would take over gold production to tighten control over the market. From now on, Saigon Jewelry will only produce bullion based on orders from the central bank, according to a statement from the government.
Read More @ BullionStreet.com
by Susanne Posel, Occupy Corporatism:
Evacuations at several major universities in the US have prompted some mainstream media to plant the question of “Islamic rage” having transpired from US embassies in the Middle East to America.
The impromptu CIA-created al-Qaeda is to blame for an anonymous caller claiming to be a member of the fake terrorist faction making undisclosed threats toward the campus at the University of Texas.
A message posted at 9:53 am on the emergency alert website read: “Immediately evacuate ALL buildings and get as far away as possible. More information to come.”
According to Rhonda Weldon, director of Communication at the University of Texas: “A male with a Middle Eastern accent claiming to have placed bombs all over campus. He said he was with al-Qaeda and that these bombs would go off in 90 minutes.”
According to initial reports , multiple threats to several locations on campus were named in the anonymous caller’s threat.
University of Texas Police Chief Robert Dahlstrom said that an estimated 69,000 users were notified by the online alter system which directed them to evacuate the campus. Dahlstrom explained that university officials also sounded the on-campus alarm to warn others as well as sent messages through email and Facebook.
Read More @ OccupyCorporatism.com
Donations will help maintain this goal and defray the operational costs. Paypal, a leading provider of secure online money transfers, will handle the donations. Thank you for your contribution.
Evacuations at several major universities in the US have prompted some mainstream media to plant the question of “Islamic rage” having transpired from US embassies in the Middle East to America.
The impromptu CIA-created al-Qaeda is to blame for an anonymous caller claiming to be a member of the fake terrorist faction making undisclosed threats toward the campus at the University of Texas.
A message posted at 9:53 am on the emergency alert website read: “Immediately evacuate ALL buildings and get as far away as possible. More information to come.”
According to Rhonda Weldon, director of Communication at the University of Texas: “A male with a Middle Eastern accent claiming to have placed bombs all over campus. He said he was with al-Qaeda and that these bombs would go off in 90 minutes.”
According to initial reports , multiple threats to several locations on campus were named in the anonymous caller’s threat.
University of Texas Police Chief Robert Dahlstrom said that an estimated 69,000 users were notified by the online alter system which directed them to evacuate the campus. Dahlstrom explained that university officials also sounded the on-campus alarm to warn others as well as sent messages through email and Facebook.
Read More @ OccupyCorporatism.com
Donations will help maintain this goal and defray the operational costs. Paypal, a leading provider of secure online money transfers, will handle the donations. Thank you for your contribution.
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