IMF Preparing Greek Default Contingency Plan

The biggest slow motion trainwreck in history, one that everyone knows how it ends just not when (especially since the "when" is about 5 years overdue), that of the Greek sovereign default may just got a bit more exciting earlier today when the WSJ reported that the IMF can no longer lie - like Mario Draghi did to Zero Hedge in 2013 - that there are preparation for a Plan B. To wit: "the International Monetary Fund is working with national authorities in southeastern Europe on contingency plans for a Greek default, a senior fund official said—a rare public admission that regulators are preparing for the potential failure to agree on continued aid for Athens."

Greece Introduces Tax on Bank Withdrawals as Elitists Seek to Criminalize Cash

by J. D. Heyes, Natural News:
The Greek financial crisis continues to escalate, as the government recently put in place a controversial revenue-generating policy aimed at improving its economic position at the expense of its citizens.
The government will introduce a “surcharge” — really, just a tax on cash — for all cash point withdrawals, such as at banks or at ATMs, in what is proving to be a last-ditch, desperate attempt to prevent citizens from taking their money out of beleaguered financial institutions altogether.
Greek leaders are hoping that the controversial decision will raise as much as €180 million (about $203 million), which the government in Athens then hopes will assist in avoiding a default on Greek debts owed to international creditors.
Read More @ NaturalNews.com

Merkel Under Pressure To Let Greece Go As Default Risk Rises

Submitted by Tyler Durden on 05/10/2015 - 15:35 Members of Angela Merkel's Christian Democratic bloc are pushing the Chancellor to let Greece leave the euro, with some lawmakers saying the EU would be better off without the Greeks. Meanwhile, German FinMin Schaeuble warns of "accidental" insolvency.

SC Sheriff’s Dept Violates Posse Comitatus With Special Forces Joint Drill

by Brandon Turbeville, Activist Post:
Only a year after the joint drills of the Richland County Sheriff’s Department and the US military raised eyebrows, the RCSD has once again announced that the department will be conducting drills that involve the joint training of civilian law enforcement and the US military.
On May 8, it was reported by WLTX that the Richland County Sheriff’s Department will be conducting drills in conjunction with the 3rd Special Forces Group out of Fort Bragg, North Carolina. The exercises will take place at late-night and pre-dawn and will run from May 8 until May 15.
Citizens have now been informed that Sheriff’s Department and Military vehicles will be traveling in the Lower Richland County community near Eastover and Hopkins as well as Elgin near Screaming Eagle Road. The vehicles will also be traveling in the North Richland County area near Monticello Rd.
Read More @ ActivistPost.com

Andrew Maguire – China On The Brink Of Winning The Gold War Against Corrupt West As Gold And Silver Prices Set To Skyrocket

from KingWorldNews:
Andrew Maguire: “I can tell you, Eric, that the commercials are on the long side (of the gold and silver markets) for sure. One only has to look at these same actors’ footprints in the much smaller and more visible silver market to foreshadow what these insiders are about to do in gold….
“And that is to ring the register on extremely large, wrong-footed hot-money short positions.
Silver always provides the first clue as to what these collusive traders are doing in gold. And when we see the hot-money weak hands, I’m talking about the managed money hedge funds, build a gross short position in silver that reaches record levels, we know that on the long side of each of these positions are the market-making concentrated bullion banks.
Andrew Maguire Audio Interview @ KingWorldNews.com

Anonymous Judge Blows The Whistle: U.S. Is A Plantation And ‘We The People’ Are Slaves

from Before Its News:
The Vatican-Led Illuminati Matrix and U.S. Constitution
The hidden truth behind the formation of America
The following article was written by a former judge. He doesn’t reveal his full name, but the information contained within the writing is well-worth reading and digesting anyway. It is worth reading because it should stimulate your pursuit to understand the truth behind the formation of America.
This is important since Americans have long been deceived by the likes of men who followed in the footsteps of despicable characters like Ben Franklin, men who have hidden their Illuminati and Vatican connections behind a false veil of freedom and Christianity.
Read More @ BeforeItsNews.com

Paul Craig Roberts: Economic Disinformation Keeps Financial Markets Up

Submitted by Tyler Durden on 05/10/2015 - 19:45 As we have pointed out for a number of years, according to the payroll jobs reports, the complexion of the US labor force is that of a Third World country. Most of the jobs created are lowly paid domestic services. No economist should ever have accepted the claim that the economy was in recovery while participation in the labor force was declining. Having looked at the actual details of the payroll jobs report, which are seldom if ever reported in the financial media, let’s look at what else goes unreported in the media.

China To Build Military Base In Africa Next To Critical Oil Transit Choke Point

Submitted by Tyler Durden on 05/10/2015 - 19:09 One year ago China was well on its way to marking its territory in southern Africa, with a core military presence near the all important for global trade Cape of Good Hope which is the transit point for about 10% of global seaborne-traded oil. Fast forward to today when AFP reports that after securing Southen Africa, China is now in process of securing the second critical geopolitical area in Africa: the horn, which just happens to be right next to the infamous Bab el-Mandeb Strait located by the recently infamous country of Yemen, which in recent months has been overrun by US-armed Houthi Rebels.  According to AFP, China is negotiating a military base in the strategic port of Djibouti, the president said, raising the prospect of US and Chinese bases side-by-side in the tiny Horn of Africa nation.

Which Countries Are The Most Paranoid?

Submitted by Tyler Durden on 05/10/2015 - 18:01 They say it's not paranoia if they are really out to get you...

Chart Of The Day: Record Stock Buybacks Hit Escape Velocity

Submitted by Tyler Durden on 05/10/2015 - 17:25 Explaining US equity prices in one simple chart...

The Most Imminent And Paramount Question For Americans Today!

Submitted by Tyler Durden on 05/10/2015 - 16:50 Is it that we don’t care? Is it that we don’t see it? Is it that we are masochists? What is it about us that makes us so apathetic to the atrocities against our Constitutional rights? They are there for our protection and so, to we the people, they are assets that require maintenance but we are leaving them to be destroyed by the political elements. Even amongst well versed, well educated and very interested Americans there seems to be very little concern, judging by reaction, to the fact that our Constitutional rights are quite blatantly at this point, being taken away from us. Why is that not creating more of an agitated response??

When Obama Talks About His "Massive Fight" With Wall Street, What Exactly Does He Refer To?

Submitted by Tyler Durden on 05/10/2015 - 16:14 When Obama talks of a "massive fight" with Wall Street, is he referring to:
- the tens of billions in handouts handed to each and every bank, unleashing the age of socialized losses and privatized profits?
- the condification of the Too Big To Fail concept?
- presiding over a Department of "Justice" that openly admitted it would not prosecute certain bankers over fears of systemic collapse consequences, thus mathin up TBTF with Too Big To Prosecute?
- the implementation of Barney Frank which was supposed to rein in banks and instead had Citigroup lawyers and lobbysists write the language write the language in the Derivatives Swaps Out provision of the Omnibus bill as a result of $70.3 trillion in total Citigroup derivatives, which the bank knows will one day require another taxpayer bailout?

Something Doesn't Add Up - Strong Jobs, Weak Spending, Sagging Sales

Submitted by Tyler Durden on 05/10/2015 - 13:35 The recovery economists are so sure is right around the corner never is. What we can reasonably assume here is that the economy was bumped in a manner not seen since the Great Recession, and that we still don’t know how that will be resolved. The inventory problem is enormous and it at least suggests far more humility about assured rebounds that have never yet arrived and to which are based on arguable figures that at best are backward facing.

Goldilocks Unemployment: A Disgusting Bowl Of Porridge

Submitted by Tyler Durden on 05/10/2015 - 20:22 We currently have over 93 Million able-bodied people without jobs – and growing. This is why it’s near incomprehensible, as well as outright disgusting to me that such a dismal showing in both the headline number as well as the onerous implications of such a downward revision to the month prior, coupled with the outright fallacy of suggesting the rate of unemployment has moved closer still to statistical “full employment” came with near giddiness and if not outright back slapping. i.e., “This is a Goldilocks print. Not too hot – not too cold. With a report like this – The Federal Reserve won’t dare raise rates and might actually have to contemplate instituting another round of QE if not outright QE4ever!” And yes; that was the reaction paraphrased across the financial media outlets. Again, personally – I found it all repulsive.

NATO ‘Hedgehog’ Military Drills in Estonia

from RT:

Baltimore: Progressive Petri Dish Catches Fire

by Shane Smith, The Daily Bell:
Much of the commentary on the rioting and torching of Baltimore resides within the predictable Red-versus-Blue dichotomy: Republicans blame the Welfare State, fatherless teenagers, a lack of self-responsibility. They dismiss the rioters as thugs and imply that whatever the cops dish out, the perps deserved anyway. Democrats blame police brutality, inequality, lack of opportunity and the general hopelessness within the black community, while ignoring the source of this social decay.
While both sides seem to probe around the central problem, they don’t appear to understand the implications of their own arguments, or what it would take to ensure that other American cities don’t suffer the same fate. To face these implications, both sides of the debate would have to relinquish hold of their most sacred cows, and come to terms with the fact that government intervention, either in the form of the Drug War or of the Welfare State, will always result in the tragic poverty and hopelessness on display in Baltimore.
Read More @ TheDailyBell.com

Microwave Weapons Military Convoy In Jade Helm 15 Nevada

from Susan Duclos:

FUKUSHIMA- Nothing Can Be Done Without A War Crimes Tribunal (Rense 4/20/15)

from Rense, via MsMilkytheclown1:

MARTIN ARMSTRONG’S “THE FORECASTER” MOVIE NOW AVAILABLE AND A MUST SEE

by Jeff Berwick, Dollar Vigilante:



Any movie about the corruption of the US government and the US financial system that is blacklisted in the US is bound to get our attention.
“The Forecaster” is exactly that. It’s a movie about Martin Armstrong’s amazingly accurate forecasting system called the Economic Confidence Model and how he was jailed for nearly a decade, in torture type conditions, for not turning over his model to the CIA and Wall Street.
I’ll let the trailer mostly speak for the movie itself here:
Read More @ DollarVigilante.com

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