Friday, December 26, 2014

Former White House Official Says U.S. Already At War With Russia & China

from KingWorldNews:
Eric King: “Because you are friends with former defense ministers you are up to speed on geopolitics, but I kind of laughed because NATO was talking about creating a ‘Spearhead Force’ of 3,000 – 4,000 soldiers, and the United States said they are going to send 100 tanks to the Baltic States. (Laughter)”
Dr. Malmgren: “Yes.” (Laughter).
Eric King: “The reason I’m laughing is because just one battle in World War II, the Battle of Kursk in Russia, involved 2,000,000 men, 6,000 tanks, and 4,000 aircraft. I laugh because what does the West think it’s going to do by getting 3,000 – 4,000 men together and sending 100 tanks up against Russia? (Laughter). It’s comical.”
Dr. Roberts Audio Interview @ KingWorldNews.com


Coming to an area near you...

Ukraine’s Government Is Starving Residents of the Breakaway Region

from Washington’s Blog:
Amnesty International has found that “the already desperate situation in eastern Ukraine is being made even worse by” so-called ‘volunteer’ or mercenary forces for the Ukrainian Government, which are blocking the supply of food to residents in that region, and trying to starve them to death.
Thus, “The region is facing a humanitarian disaster with many already at risk of starvation,” said Denis Krivosheev, acting Director of Europe and Central Asia for Amnesty International, on Wed, December 24th.
Amnesty International reports that, “Over half of the population in these areas are now entirely dependent on food aid.”
Read More @ WashingtonsBlog.com



Guest Post: We Just Enjoyed the Last Christmas In America

Why will Christmas 2014 be the last Christmas in America? It's simple: declining wages cannot support an ever-expanding mountain of debt. The Federal Reserve has played a game for six long years of lowering the cost of debt (i.e. the rate of interest borrowers must pay), which has enabled stagnating wages to support ever heavier debt loads. There is an endgame in sight to this financial trickery...
 


"Everything Is Awesome"

As Politico's Michael Grunwald writes below (we believe non-satirically), the midterm election’s discontent was illegitimate. The point is that Americans should cheer up! And whose fault is all the collective doom? Well, Bill De Blasio already explained that, as Grunwald confirms, the press has a problem reporting good news. So sit back, grab a drink (though swallow it first) and enjoy reading why "everything is awesome" in America (apart from a record 101.5 million Americans not working, record numbers on foodstamps, record numbers on disability, a record wealth divide, a record - and deadly - racial divide, record poverty, and record child homelessness).

O’Bottom and Hitler

from WhatReallyHappened:


Ex-TEPCO execs unlikely to be indicted over Fukushima meltdown

from WakeUpFromYourSlumber:
Japanese prosecutors are expected again not to indict senior executives of the utility operating the Fukushima nuclear power plant with negligence over the facility’s devastation in the 2011 quake and tsunami disaster.
The three former officials of Tokyo Electric Power Co. (TEPCO) are Tsunehisa Katsumata, 74, company chairman at the time of the disaster, and two former vice-presidents – Sakae Muto, 64, and Ichiro Takekuro, 68.
The Tokyo District Prosecutors Office has been investigating the case after a citizen’s panel ruled in July that the three former senior officers should be indicted over their handling of the aftermath of the quake and deaths and injuries caused by it.
Read More @ WakeUpFromYourSlumber.com


Yuan-ruble swap shows China challenging IMF as emergency lender

by Ye Xie, Chicago Tribune:
China is stepping up its role as the lender of last resort to some of the world’s most financially strapped countries.
Chinese officials signaled Saturday that they are willing to expand a $24 billion currency swap program to help Russia weather the worst economic crisis since the 1998 default. China has provided $2.3 billion in funds to Argentina since October as part of a currency swap, and last month it lent $4 billion to Venezuela, whose reserves cover just two years of debt payments.
By lending to countries shut out of overseas capital markets, Chinese President Xi Jinping is bolstering the country’s influence in the global economy and cutting into the International Monetary Fund’s status as the go-to financier for nations in financial distress. While the IMF tends to demand reforms aimed at stabilizing a country’s finances in exchange for loans, analysts speculate that China’s terms are more focused on securing its interests in the resource-rich countries.
Read More @ ChicagoTribune.com


Europeans want their gold back, and why that’s bad for the euro

from Investment Watch:
Right across Europe, over the course of the last year, a series of European countries have been demanding that their gold reserves, which are often stored in different nations, are bought back home.
On the surface, that seems very odd. After all, gold GCG5, +1.96% has no meaningful role in the financial system any more. After a two-year bear market, it is not even worth as much as it was. It hardly seems worth the logistical or diplomatic hassle of bringing it back home.
The point about having gold on your own soil is that it is an insurance policy against a chaotic return to national currencies. The fact that so many countries seem to want that insurance tells you something important about the euro — and it is hardly comforting. They still think there is a real possibility of collapse.
Read More @ InvestmentWatchBlog.com


What’s REALLY Going On: US Gold Giveaway is Life-Support for Dollar | Andy Hoffman

from ReluctantPreppers:


Appeals Court Sides With Gun Rights Activists In Bullet Battle

from Western Journalism:
In an ostensible effort to mitigate any potential health risks associated with exposure to lead, a number of environmental groups and activists have been pressuring the Environmental Protection Agency to impose regulations on spent ammunition rounds made from the metal. The EPA, however, contends that doing so would necessitate the regulation of cartridges and shells – products exempted under the Toxic Substances Control Act.
Naturally, many gun rights groups have supported the EPA’s position as the more than 100 environmentalist groups behind the push have not provided a method for regulating rounds only after they are fired. The issue most recently made its way to the Washington D.C. U.S. Court of Appeals, which also sided with the EPA.

LEAKED: Secret Negotiations to Let Big Brother Go Global

from Wolf Street:

Much has been written, at least in the alternative media, about the Trans Pacific Partnership (TPP) and the Transatlantic Trade and Investment Partnership (TTIP), two multilateral trade treaties being negotiated between the representatives of dozens of national governments and armies of corporate lawyers and lobbyists (on which you can read more here, here and here). However, much less is known about the decidedly more secretive Trade in Services Act (TiSA), which involves more countries than either of the other two.
At least until now, that is. Thanks to a leaked document jointly published by the Associated Whistleblowing Press and Filtrala, the potential ramifications of the treaty being hashed out behind hermetically sealed doors in Geneva are finally seeping out into the public arena.
Read More @ Wolfstreet.com


CDC Stocking Stuffer: 12 Scientists Exposed to Ebola in Lab This Week

from 21st Century Wire:
It’s times like this when you realize how much your government loves you…
In their ‘state-of-the-art’ biohazard (bioweapons?) lab in Atlanta, scientists were working with samples of various pathogens and killer agents like Anthrax, and of course, Ebola, when for some bizarre reason, a ‘mistake’ was apparently made during the transfer of the killer Ebola samples. When asked exactly what happened, the CDC replied: ‘We put the Ebola in the wrong fridge’.
According to the CDC, a less-hazardous material that should have gone to the second lab down the hall – was placed in the first lab’s freezer, and the more hazardous deadly material, ended up in the second lab. Apparently, the CDC technician in the second lab couldn’t read the color coded test tubes. Was he color blind?
Read More @ 21stCenturyWire.com


60 Prominent Germans Appeal Against Another War In Europe: "It Is Not About Putin. What Is At Stake Is Europe"

Two weeks ago, as the S&P was preparing to surge on the latest round of all time high market-goosing algo trickery by the FOMC, 60 prominent German personalities from the realms of politics, economics, culture and the media were less concerned with blinking red and green stock quotes and were focused on something far more serious to the future of the world: the threat of war with Russia. In a letter published by Die Zeit, numerous famous and respected Germans including a former president and former prime minister write "Wieder Krieg in Europa? Nicht in unserem Namen!", or, roughly translated, "War in Europe Again? Not in Our Names!" As the signatories note: "It is not about Putin. Heads of state come and go. What is at stake is Europe."

 


Game Over Japan: Real Wages Crash Most In 21st Century, Savings Rate Turns Negative

After two years of economic torture and financial destruction, Abenomics has finally claimed the Keynesian prize: real wages crash 4.3%, the most in the 21st century, and Japan's legendary savings rate, which peaked at 23% in 1975, just turned negative for the first time ever. Game over Japan.
 
 


"Will We Never Learn?" - Meet Subprime Auto 'Title Loans': 2014's Home ATM

The car is at the center of the biggest boom in subprime lending since the mortgage crisis, and The NY Times reports, similar to how a red-hot mortgage market once coaxed millions of borrowers into recklessly tapping the equity in their homes, the new boom is also leading people to take out risky lines of credit known as title loans. Will we never learn?!!
 

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