Submitted by Tyler Durden on 03/02/2015 - 14:54 Greek short-term default risk jumped over 300bps today putting the odds of a restructuring at 50-50 within the next year as the warnings we issued last week with regard Greece's imminent default on its IMF loan loom. Seeking to reassure its lenders (and avoid yet more capital flight), Reuters reports the Greek government said it was "exploring solutions," including delaying payments to suppliers or try to raise up to 3 billion euros by borrowing from state entities such as pension funds. We are sure the Greek people will be enthused when they find out what the 'radical left' has in store for their funds...
from PressResetEarth:
Government has been the number one cause of all unnatural death in the 20th and 21st century! This BREAKING footage is another horrifying example of the State’s violence against humanity!
Government has been the number one cause of all unnatural death in the 20th and 21st century! This BREAKING footage is another horrifying example of the State’s violence against humanity!
"World-Leading Economist" And Advisor To Chancellor Osborne Busted For Smoking Crack
Submitted by Tyler Durden on 03/02/2015 - 15:16 One of Chancellor George Osborne’s senior advisers on economic policy has been captured on video smoking crack cocaine in a drugs den. Prof Douglas McWilliams, who last year estimated we would all be £165 a year better off by the election, is seen inhaling it through a glass tube at a flat in North London. Red-faced and slurring his speech, he later told the dealer he had “too much” and that he had spent the day on a binge. Two rocks of the deadly drug can clearly been seen on a table beside the dazed professor. The grainy footage, seen by the Sunday Mirror, will heap embarrassment on the Chancellor and raise serious questions about his choice of adviser.Lehman-Like Spending Collapse Sparks Panic-Buying - Nasdaq 5,000; S&P, Dow Records
Submitted by Tyler Durden on 03/02/2015 - 16:06
Janet Yellen Is A Coward
Submitted by Tyler Durden on 03/02/2015 - 17:30 There is no exit strategy…there is only a continuation strategy... and The Fed’s cronies have always known this. Yellen is simply paralyzed with fear that the markets will violently react to a tightening of policy. The Fed is being held hostage to the financial markets but, ironically, is in no mood to escape its captors despite so many clear opportunities. The lack of action, by Yellen, can only be described as cowardly."They're Back" - We Have Learned Nothing In 10 Years!!
Submitted by Tyler Durden on 03/02/2015 - 17:00
$4 Million In Gold Bars Stolen In 11th Largest Heist In History
Submitted by Tyler Durden on 03/02/2015 - 15:54 Less than 24 hours ago, an estimated 4 million in gold bars were commandeered on the side of Interstate 95 in what was the 11th largest gold bullion heist in history.
NYC Residents Pay $2-3,000 A Month For “Micro-Apartments” As Luxury Car Sales Outpace Regular Car Sales
Submitted by Tyler Durden on 03/02/2015 - 14:29 It’s an oligarch’s world, you’re just living in it. One of the main reasons that hyper-luxury cars are outselling regular cars, is because all of the wealth gains from the oligarch recovery are going to, well, oligarchs ... Global policies implemented since the oligarch created financial melt-down, have been used to cover up its criminality, and further advance the status quo’s consolidation of wealth and power. A continuation of this trend presents the greatest threat to liberty, free markets and an evolution of human consciousness on the planet today.
The Fairy Tale Of Portugal's Successful Turnaround
Submitted by Tyler Durden on 03/02/2015 - 13:54 Even a brief glance at the facts suffices. Portugal is no less bankrupt than Greece. The country’s government debt, at 124% of GDP, might be lower than in Greece. However, government debt is just one – even though important – part of the full debt picture. On an aggregate level, Portugal’s overall debt level - at 381% of GDP when also including private households and non-financial corporations - is well above Greece’s total debt level (286% of GDP). So while Greece’s problems mainly manifest themselves via government debt, Portugal suffers from too much debt in all three sectors of the economy.
Russia Warns NATO: Any Threat In Ukraine Will See Military Response
Submitted by Tyler Durden on 03/02/2015 - 13:02 As Russia announces the expansion of its Navy by 50 vessels this year, including two new nuclear-powered submarines and an aircraft carrier, it appears NATO's sabre-rattling has drawn a response/threat/warning. Following British plans to send military 'advisers' into Ukraine (which NATO has stated are not confirmed), TASS reports, Russia's NATO envoy, Alexander Grushko, warns Russia will take all measures against possible NATO threat in Ukraine, adding that Russia’s response may include military measures. Of course all this military machismo comes as Russia and Ukraine hold emergency talks in Brussels over gas supply amid imminent cutoff threats for non-payment.
US Will Never Gain Oil Market Crown, IEA Chief Says
Submitted by Tyler Durden on 03/02/2015 - 12:36 No matter how much oil the United States produces over the next few years, it will never become the next Saudi Arabia in the global oil market, according to Fatih Birol, the new executive director of the International Energy Agency (IEA). What's especially interesting about this forecast is that it directly contradicts what Birol said only three months ago, and he gave no explanation for his change of mind. “The United States will never be a major oil exporter. Their import needs are getting less but the US is not becoming Saudi Arabia,” Birol told the conference. “Their production growth is good to diversify the market but it will not solve the world’s oil problems.”
Throughout history, political, financial, and military leaders have
sought to create empires. Westerners often think of ancient Rome
as the first empire. Later, other empires formed for a time. Spain
became an empire, courtesy of its Armada, its conquest of the New World,
and the gold and silver extracted from the West. Great Britain owned
the 19th century but lost its empire due largely to costly wars. The US took over in the 20th
century and, like Rome, rose as a republic, with minimal central
control, but is now crumbling under its own governmental weight.Invariably, the last people to understand the collapse of an empire are those who live within it. As a British subject, I remember my younger years, when, even though the British Empire was well and truly over, many of my fellow Brits were still behaving in a pompous manner as though British “superiority” still existed. Not so, today. (You can only pretend for so long.)
Read More @ InternationalMan.com
by Dave Kranzler, Investment Research Dynamics:
This will not end well: “The trend stems from lenders and investors seeking high yields in a low-interest rate environment. So it’s no wonder that total household debt rose $306 billion, or 2.7 percent, in the fourth quarter from a year earlier to the highest level since 2010.” (Newsmax)
Subprime lending as a percentage of total consumer lending is now close to where it was right before the financial collapse of 2007 (click to enlarge):
Of course, if you blow away the Orwellian smoke from the Graham-Dodd legislation, U.S. lenders of all varieties are not subject to less scrutiny and oversight than before the de facto financial collapse in 2008.
Read More @ Investmentresearchdynamics.com
This will not end well: “The trend stems from lenders and investors seeking high yields in a low-interest rate environment. So it’s no wonder that total household debt rose $306 billion, or 2.7 percent, in the fourth quarter from a year earlier to the highest level since 2010.” (Newsmax)
Subprime lending as a percentage of total consumer lending is now close to where it was right before the financial collapse of 2007 (click to enlarge):
Of course, if you blow away the Orwellian smoke from the Graham-Dodd legislation, U.S. lenders of all varieties are not subject to less scrutiny and oversight than before the de facto financial collapse in 2008.
Read More @ Investmentresearchdynamics.com
by Ethan Huff, Natural News:
Wishful thinking simply won’t deter from the fact that the cancer industry
is just that: an industry. Doctors, drug companies, hospitals and other
key stakeholders profit heavily each time a cancer patient submits to
the conventional treatment model, which typically involves injecting
chemotherapy poisons into the body, blasting it with ionizing radiation
or cutting off body parts — or some barbaric combination of all three.
It might rub some people the wrong way to state this, especially those who’ve had to watch a loved one die from conventional cancer treatment, but each of these supposed treatments don’t actually work, in many cases. Little-known science, which the medical-industrial complex has made it a practice to ignore or cover up, reveals that, despite what the medical industry often claims, chemotherapy in particular just isn’t an effective cancer treatment.
Read More @ NaturalNews.com
Wishful thinking simply won’t deter from the fact that the cancer industry
is just that: an industry. Doctors, drug companies, hospitals and other
key stakeholders profit heavily each time a cancer patient submits to
the conventional treatment model, which typically involves injecting
chemotherapy poisons into the body, blasting it with ionizing radiation
or cutting off body parts — or some barbaric combination of all three.It might rub some people the wrong way to state this, especially those who’ve had to watch a loved one die from conventional cancer treatment, but each of these supposed treatments don’t actually work, in many cases. Little-known science, which the medical-industrial complex has made it a practice to ignore or cover up, reveals that, despite what the medical industry often claims, chemotherapy in particular just isn’t an effective cancer treatment.
Read More @ NaturalNews.com
from Outsider Club:
Is it me or does it seem like the United States is becoming an increasingly dangerous place to live?
We’re constantly under threats from terrorist groups like Al-Qaeda and ISIS.
Some of our global peers have grown more menacing, as well.
Russia has regressed to a Cold War mentality. Vladimir Putin talking up his country’s nuclear strike capabilities and sending bombers into U.S. airspace to test our defense readiness.
Read More @ OutsiderClub.com
Is it me or does it seem like the United States is becoming an increasingly dangerous place to live?We’re constantly under threats from terrorist groups like Al-Qaeda and ISIS.
Some of our global peers have grown more menacing, as well.
Russia has regressed to a Cold War mentality. Vladimir Putin talking up his country’s nuclear strike capabilities and sending bombers into U.S. airspace to test our defense readiness.
Read More @ OutsiderClub.com
by Michael Snyder, The Economic Collapse Blog:
Can you imagine a world where your home, your vehicles, your
appliances and every single electronic device that you own is constantly
connected to the Internet? This is not some grand vision that is being
planned for some day in the future. This is something that is being
systematically implemented right now. In 2015, we already have “smart
homes”, vehicles that talk to one another, refrigerators that are connected to the Internet, and televisions that spy on us.
Our world is becoming increasingly interconnected, and that opens up
some wonderful possibilities. But there is also a downside. What if we
rapidly reach a point where one must be connected to
the Internet in order to function in society? Will there come a day
when we can’t even do basic things such as buy, sell, get a job or open a
bank account without it? And what about the potential for government
abuse? Could an “Internet of Things” create a dystopian nightmare where
everyone and everything will be constantly monitored and tracked by the
government? That is something to think about.
Read More…
Can you imagine a world where your home, your vehicles, your
appliances and every single electronic device that you own is constantly
connected to the Internet? This is not some grand vision that is being
planned for some day in the future. This is something that is being
systematically implemented right now. In 2015, we already have “smart
homes”, vehicles that talk to one another, refrigerators that are connected to the Internet, and televisions that spy on us.
Our world is becoming increasingly interconnected, and that opens up
some wonderful possibilities. But there is also a downside. What if we
rapidly reach a point where one must be connected to
the Internet in order to function in society? Will there come a day
when we can’t even do basic things such as buy, sell, get a job or open a
bank account without it? And what about the potential for government
abuse? Could an “Internet of Things” create a dystopian nightmare where
everyone and everything will be constantly monitored and tracked by the
government? That is something to think about.Read More…
from Who What Why:
Appeals Court Rejects Tsarnaev’s Bid to Move Trial Again by 2-1 Vote
The three-judge panel of the 1st Circuit Court of Appeals voted 2-1 to reject Dzhokhar Tsarnaev’s bid to move his trial from Boston. The ruling, issued over the weekend, followed oral arguments made by both sides on Feb. 19. The appellate court had already rejected an earlier attempt to move the trial, by a vote of 2-1 in January. Judge Juan R. Torruella again dissented, and in his words, “vehemently” so. What follows here are some selected highlights from the ruling, which you can read for yourself in its entirety below.
Read More @ WhoWhatWhy.com
Appeals Court Rejects Tsarnaev’s Bid to Move Trial Again by 2-1 VoteThe three-judge panel of the 1st Circuit Court of Appeals voted 2-1 to reject Dzhokhar Tsarnaev’s bid to move his trial from Boston. The ruling, issued over the weekend, followed oral arguments made by both sides on Feb. 19. The appellate court had already rejected an earlier attempt to move the trial, by a vote of 2-1 in January. Judge Juan R. Torruella again dissented, and in his words, “vehemently” so. What follows here are some selected highlights from the ruling, which you can read for yourself in its entirety below.
Read More @ WhoWhatWhy.com
Was Russian Opposition Rabble-Rouser Boris Nemtsov Assassinated By A CIA/MI6/MOSSAD Black Operation?
by Michael Thomas, Story Leak:
t was the false flag assassination of Archduke Ferdinand of Austria,
the presumptive heir to the Austro-Hungarian throne and his wife,
Sophie, Duchess of Hohenberg in Sarajevo that lit the Balkan tinderbox,
which then provoked the full-blown World War I.
[Both] were shot dead in Sarajevo by Gavrilo Princip, one of a group of six assassins (five Serbs and one Bosniak) coordinated by Danilo Ilić, a Bosnian Serb and a member of the Black Hand secret society. The political objective of the assassination was to break off Austria-Hungary’s South Slav provinces so they could be combined into a Yugoslavia. The assassins’ motives were consistent with the movement that later became known as Young Bosnia. The assassination led directly to the First World War when Austria-Hungary subsequently issued an ultimatum to the Kingdom of Serbia, which was partially rejected. Austria-Hungary then declared war.
Read More @ StoryLeak.com
t was the false flag assassination of Archduke Ferdinand of Austria,
the presumptive heir to the Austro-Hungarian throne and his wife,
Sophie, Duchess of Hohenberg in Sarajevo that lit the Balkan tinderbox,
which then provoked the full-blown World War I.[Both] were shot dead in Sarajevo by Gavrilo Princip, one of a group of six assassins (five Serbs and one Bosniak) coordinated by Danilo Ilić, a Bosnian Serb and a member of the Black Hand secret society. The political objective of the assassination was to break off Austria-Hungary’s South Slav provinces so they could be combined into a Yugoslavia. The assassins’ motives were consistent with the movement that later became known as Young Bosnia. The assassination led directly to the First World War when Austria-Hungary subsequently issued an ultimatum to the Kingdom of Serbia, which was partially rejected. Austria-Hungary then declared war.
Read More @ StoryLeak.com
Egon von Greyerz:
“Eric, it’s now totally clear to me that the hyperinflation I’ve been
expecting is becoming more persistent and is now engulfing country after
country. We are already seeing it in the periphery but it’s on its way
to engulfing the developed countries of the world….Hyperinflation Is A Currency Event
Hyperinflation is a currency event. It arises as a result of countries living above their means for a protracted period of time. This causes massive debts and eventual money printing.
Egon von Greyerz Continues @ King World News
by Dave Hodges, The Common Sense Show:
As I was investigating the FEMA camp run and maintained by the Chicago
PD, I kept running into the topic of privatized prisons. I first wrote
about privatized prisons almost seven years ago. Subsequently, I decided
to take a fresh look and what I found was shocking. The privatized
prison industry owns and controls nearly every elected official. State
officials are literally “stealing” money from education and putting that
money into the privatized prison system. Most states have guaranteed
privatized prisons 100% occupancy rates and the conditions of these
prisons are increasingly barbaric and clearly fit the definition of
slave labor.
There are over two million inmates in American prisons, or one in 743 people. Communist China, which has five times the population of the United States, has 500,000 less inmates. The United States has only 5% of the world’s population, but has 25% of the world’s prison population.
Read More @ Thecommonsenseshow.com
As I was investigating the FEMA camp run and maintained by the Chicago
PD, I kept running into the topic of privatized prisons. I first wrote
about privatized prisons almost seven years ago. Subsequently, I decided
to take a fresh look and what I found was shocking. The privatized
prison industry owns and controls nearly every elected official. State
officials are literally “stealing” money from education and putting that
money into the privatized prison system. Most states have guaranteed
privatized prisons 100% occupancy rates and the conditions of these
prisons are increasingly barbaric and clearly fit the definition of
slave labor.There are over two million inmates in American prisons, or one in 743 people. Communist China, which has five times the population of the United States, has 500,000 less inmates. The United States has only 5% of the world’s population, but has 25% of the world’s prison population.
Read More @ Thecommonsenseshow.com
from Western Journalism:
As much as we liberty-loving, Constitution-loving, America-loving
patriots hate to admit it, the government in Washington, D.C., is NOT
fixable. The elitist power structure in D.C. is too ensconced and too
powerful. They will never cede power to folks such as Justin Amash,
Thomas Massie, etc. who truly believe in limited government. Nor will
they permit the states to reclaim ANY of their constitutionally
recognized powers. And neither party in D.C. has enough Ron Paul-types
to thwart the evil machinations of the power-drunk leviathan that is
Washington, D.C.
Furthermore, the same forces of darkness that control the political establishment in Washington, D.C., also control the media and financial establishments in New York City. The voters of America have too often rejected the presidential and congressional candidates who had the potential to help lead our ship of state to safer waters (if we even have untainted elections). The warnings of the prophets and porters have fallen on deaf ears. For the most part, Americans refuse to dislodge themselves from their addiction to government handouts. In addition, America’s pastors have largely abandoned their calling to be watchmen on the wall, which has left our ship of state without a moral compass or a spiritual rudder.
Read More @ WesternJournalism.com
As much as we liberty-loving, Constitution-loving, America-loving
patriots hate to admit it, the government in Washington, D.C., is NOT
fixable. The elitist power structure in D.C. is too ensconced and too
powerful. They will never cede power to folks such as Justin Amash,
Thomas Massie, etc. who truly believe in limited government. Nor will
they permit the states to reclaim ANY of their constitutionally
recognized powers. And neither party in D.C. has enough Ron Paul-types
to thwart the evil machinations of the power-drunk leviathan that is
Washington, D.C.Furthermore, the same forces of darkness that control the political establishment in Washington, D.C., also control the media and financial establishments in New York City. The voters of America have too often rejected the presidential and congressional candidates who had the potential to help lead our ship of state to safer waters (if we even have untainted elections). The warnings of the prophets and porters have fallen on deaf ears. For the most part, Americans refuse to dislodge themselves from their addiction to government handouts. In addition, America’s pastors have largely abandoned their calling to be watchmen on the wall, which has left our ship of state without a moral compass or a spiritual rudder.
Read More @ WesternJournalism.com
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