by Katherine Frisk, The Phaser:
Have we really come very far in 2,000 years? Looks to me like nothing has changed. The pieces on the chess board have moved slightly, ever so, but basically they are still the same. And the same story line is in play.
Let’s put it all into some perspective. 2,000 years ago we had a dogmatic and corrupt priesthood with a High Temple Priest in the form of Caiaphas. We had a ruling class, a monarchy, the Herodian Kings who killed their own wives and children, were sexually promiscuous, married their own sisters and murdered anyone who was opposed to them. And we had the Legion. The Roman military industrial complex of the time.
What do we have today? We have a dogmatic priesthood with a Papacy that has, over the last 1,000 years, burned millions at the stake, those who refused to bow to their authority. An Inquisition that is still in place and has not been de-constructed. A priesthood finally exposed for child sex abuse that has been endemic for centuries, and Pope Benedict sits in luxury retirement.
Read More @ ThePhaser.com
Have we really come very far in 2,000 years? Looks to me like nothing has changed. The pieces on the chess board have moved slightly, ever so, but basically they are still the same. And the same story line is in play.
Let’s put it all into some perspective. 2,000 years ago we had a dogmatic and corrupt priesthood with a High Temple Priest in the form of Caiaphas. We had a ruling class, a monarchy, the Herodian Kings who killed their own wives and children, were sexually promiscuous, married their own sisters and murdered anyone who was opposed to them. And we had the Legion. The Roman military industrial complex of the time.
What do we have today? We have a dogmatic priesthood with a Papacy that has, over the last 1,000 years, burned millions at the stake, those who refused to bow to their authority. An Inquisition that is still in place and has not been de-constructed. A priesthood finally exposed for child sex abuse that has been endemic for centuries, and Pope Benedict sits in luxury retirement.
Read More @ ThePhaser.com
from kevin blanch:
UTAH TO BRING IN 700,000 TONS of Depleted Uranium THE MOST TOXIC WASTE ON EARTH. The end of the SPENT FUEL (DEATH) CYCLE IS UTAH
UTAH TO BRING IN 700,000 TONS of Depleted Uranium THE MOST TOXIC WASTE ON EARTH. The end of the SPENT FUEL (DEATH) CYCLE IS UTAH
by James Corbett, The International Forecaster:
Even a broken clock is right twice a day, and every now and then even the occasional Congress critter comes down on the right side of an issue…as long as it affords them some political leverage, that is.
Such is the case in the current fight over “Trade Promotion Authority,” an obscure piece of legislation that is now at the heart of the debate over Washington’s ratification of the Trans-Pacific Partnership (TPP).
Trade Promotion Authority, or “fast track negotiating authority” is an authority granted by Congress that allows the President to present trade agreements to Congress for approval or rejection, and stops the treaty from being filibustered or amended. This authority is needed because Congress is in fact given all authority to regulate “commerce with foreign nations” and “lay and collect taxes, duties, imposts, and excises.” The idea (supposedly) is to give the President “added leverage to negotiate trade agreements by effectively assuring U.S. trade partners that final agreements will be given timely and unamended consideration.”
Read More @ The International Forecaster
Even a broken clock is right twice a day, and every now and then even the occasional Congress critter comes down on the right side of an issue…as long as it affords them some political leverage, that is.
Such is the case in the current fight over “Trade Promotion Authority,” an obscure piece of legislation that is now at the heart of the debate over Washington’s ratification of the Trans-Pacific Partnership (TPP).
Trade Promotion Authority, or “fast track negotiating authority” is an authority granted by Congress that allows the President to present trade agreements to Congress for approval or rejection, and stops the treaty from being filibustered or amended. This authority is needed because Congress is in fact given all authority to regulate “commerce with foreign nations” and “lay and collect taxes, duties, imposts, and excises.” The idea (supposedly) is to give the President “added leverage to negotiate trade agreements by effectively assuring U.S. trade partners that final agreements will be given timely and unamended consideration.”
Read More @ The International Forecaster
from Wolf Street:
Since last week, $2.1 billion worth of artworks have changed hands at Christie’s and Sotheby’s in New York. “Les Femmes d’Alger (Version ‘O’)” by Pablo Picasso sold for $179.4 million, highest price ever paid for a painting at an auction. The bronze, “L’Homme au Doigt,” by Swiss artiest Alberto Giacometti went for $141.3 million, a record for a sculpture.
There was Mark Rothko’s abstract painting “No. 10,” for $81.9 million, another Picasso, a Van Gogh, Lucian Freud’s “Benefits Supervisor Resting,” for $56.2 million, an Andy Warhol, Claude Monet’s “Nympheas” for $54 million, a Francis Bacon for $47.8 million, Rothko’s “Untitled (Yellow and Blue),” which describes it perfectly, for $46.5 million. It was an international feast of money: At Christie’s, there were bidders from 35 countries, at Sotheby’s from over 40 countries.
Read More @ Wolfstreet.com
image/libertyalliance.com
Since last week, $2.1 billion worth of artworks have changed hands at Christie’s and Sotheby’s in New York. “Les Femmes d’Alger (Version ‘O’)” by Pablo Picasso sold for $179.4 million, highest price ever paid for a painting at an auction. The bronze, “L’Homme au Doigt,” by Swiss artiest Alberto Giacometti went for $141.3 million, a record for a sculpture.
There was Mark Rothko’s abstract painting “No. 10,” for $81.9 million, another Picasso, a Van Gogh, Lucian Freud’s “Benefits Supervisor Resting,” for $56.2 million, an Andy Warhol, Claude Monet’s “Nympheas” for $54 million, a Francis Bacon for $47.8 million, Rothko’s “Untitled (Yellow and Blue),” which describes it perfectly, for $46.5 million. It was an international feast of money: At Christie’s, there were bidders from 35 countries, at Sotheby’s from over 40 countries.
Read More @ Wolfstreet.com
image/libertyalliance.com
When Europe Gets Greece's Jingle Mail: Dealing With Default
Submitted by Tyler Durden on 05/15/2015 - 11:50 The costs and consequences of Greece exiting the Eurozone may well dwarf the financial losses triggered by Greece's default.
Someone Is Lying: Job Optimism Plummets To Levels Unseen Since Financial Crisis
Submitted by Tyler Durden on 05/15/2015 - 10:21 The percentage of respondents to University of Michigan's Consumer Sentiment Survey that "think they (or their spouse) will lose their job over the next 5 years" soared to its highest since March 2009.
from KingWorldNews:
Sales of massively expensive pieces of art have become common, with a
new record set on Monday evening. Previous bouts of expensive art sales
have indicated over-confident conditions in the stock market as well.
Reports on Monday evening that a Picasso artwork sold for $179 million, a new record, stirred up interest again that we’re in a bubble-fueled environment. As shown Monday, there isn’t a lot of talk at the moment about a stock market bubble per se, but money has been flowing other places as well, skewing returns well outside of historical norms.
One of those is indeed in art. Art is even beyond investments like gold, in that it has little inherent value other than what people are willing to pay for it. And right now, people are willing to pay a lot.
Jason Goepfert Continues @ KingWorldNews.com
Sales of massively expensive pieces of art have become common, with a
new record set on Monday evening. Previous bouts of expensive art sales
have indicated over-confident conditions in the stock market as well.Reports on Monday evening that a Picasso artwork sold for $179 million, a new record, stirred up interest again that we’re in a bubble-fueled environment. As shown Monday, there isn’t a lot of talk at the moment about a stock market bubble per se, but money has been flowing other places as well, skewing returns well outside of historical norms.
One of those is indeed in art. Art is even beyond investments like gold, in that it has little inherent value other than what people are willing to pay for it. And right now, people are willing to pay a lot.
Jason Goepfert Continues @ KingWorldNews.com
by Jon Rappoport, Activist Post:
“Current
TPP negotiation member states are the United States, Japan, Mexico,
Canada, Australia, Malaysia, Chile, Singapore, Peru, Vietnam, New
Zealand and Brunei. The TPP is the largest economic treaty in history,
including countries that represent more than 40 per cent of the world´s
GDP.” (Wikileaks)
“Since 1945, no American President has escaped vetting by elite Globalists. Partisan politics plays no role in this process. The one overriding issue of every Presidency has been: make sure Globalist legislation and treaties pass through to completion. Do not obstruct them. A little crooked President named Nixon got it in his head to erect anti-Globalist tariffs. He found himself on the floor looking up, with Henry Kissinger, David Rockefeller’s man, staring down at him, assuring him his days in the White House were over.” (The Underground, Jon Rappoport)
Obama is under the gun. Not since he pressured Congress, on behalf of the pharmaceutical companies, to pass Obamacare, has he worked so hard and sweated so much.
Read More @ Activist Post
“Current
TPP negotiation member states are the United States, Japan, Mexico,
Canada, Australia, Malaysia, Chile, Singapore, Peru, Vietnam, New
Zealand and Brunei. The TPP is the largest economic treaty in history,
including countries that represent more than 40 per cent of the world´s
GDP.” (Wikileaks) “Since 1945, no American President has escaped vetting by elite Globalists. Partisan politics plays no role in this process. The one overriding issue of every Presidency has been: make sure Globalist legislation and treaties pass through to completion. Do not obstruct them. A little crooked President named Nixon got it in his head to erect anti-Globalist tariffs. He found himself on the floor looking up, with Henry Kissinger, David Rockefeller’s man, staring down at him, assuring him his days in the White House were over.” (The Underground, Jon Rappoport)
Obama is under the gun. Not since he pressured Congress, on behalf of the pharmaceutical companies, to pass Obamacare, has he worked so hard and sweated so much.
Read More @ Activist Post
from Anthony Gucciardi:
Anthony Gucciardi breaks down the latest announcement by the USDA that the government will be launching GMO labeling certifications in a nationwide initiative.
Anthony Gucciardi breaks down the latest announcement by the USDA that the government will be launching GMO labeling certifications in a nationwide initiative.
by Christina Sarich, Natural Society:
We’ve been warning about GM contamination risks for a while at Natural Society, but the USDA doesn’t seem to want to contain the issue. This, while three major countries jointly issue a warning that genetically modified organisms pose too large a risk for contaminating other plants. This follows the EUs recent authorization of 17 new GMOs meant for animal feed and human consumption.
The contamination risk looms large since even unapproved GM crops have been found growing where they shouldn’t be. One strain of genetically modified wheat was discovered in Oregon several years ago. The Roundup Ready strain was nixed in 2005 when global resistance to Monsanto forced the company to stop working on it. It was never approved for use, let along growing and exporting, but there it was growing in the middle of the US.
Read More @ NaturalSociety.com
We’ve been warning about GM contamination risks for a while at Natural Society, but the USDA doesn’t seem to want to contain the issue. This, while three major countries jointly issue a warning that genetically modified organisms pose too large a risk for contaminating other plants. This follows the EUs recent authorization of 17 new GMOs meant for animal feed and human consumption.The contamination risk looms large since even unapproved GM crops have been found growing where they shouldn’t be. One strain of genetically modified wheat was discovered in Oregon several years ago. The Roundup Ready strain was nixed in 2005 when global resistance to Monsanto forced the company to stop working on it. It was never approved for use, let along growing and exporting, but there it was growing in the middle of the US.
Read More @ NaturalSociety.com
from The Money GPS:
You may not have noticed, but our planet is becoming increasingly unstable. According to Volcano Discovery,
40 volcanoes around the globe are erupting right now, and only 6 of
them are not along the Ring of Fire. If that sounds like a very high
number to you, that is because it is a very high number. As I have written about previously, there were a total of 3,542 volcanic eruptions
during the entire 20th century. When you divide that number by 100,
that gives you an average of about 35 volcanic eruptions per year. So
the number of volcanoes that are erupting right now is well above the
20th century’s average for an entire calendar year.
And of course we are witnessing a tremendous amount of earthquake
activity as well. Nepal was just hit by the worst earthquake that it
had seen in 80 years, and scientists are telling us that the Himalayas actually dropped by an astounding 3 feet as a result of that one earthquake. How much more does our planet have to shake before people start paying attention?Read More…
Something very interesting took place during the first two months of
2015. U.S. silver bullion imports increased significantly compared to
the same period last year. Now, this has nothing to do with the
supposed increase of JP Morgan silver inventories as that took place
starting in March.During the first two months of 2014, the United States imported 583 metric tons (mt) of silver bullion, 335 mt for January and 248 mt in February. This turns out to be 18.7 million oz (Moz) of silver bullion. However, something changed in 2015. Not only did U.S. silver bullion imports increase this year…. they surged 44% to 838 mt:
The U.S. imported 421 mt of silver bullion in January and 417 mt in February. This was an increase of 255 mt, or 8.2 Moz…. in just two months. Why would the U.S. be importing more silver bullion? That’s an excellent question. First, let’s take a look at where this silver came from.
Read More…
from TruthNeverTold:
from Western Journalism:
The federal district judge hearing a racial profiling case against
Sheriff Joe Arpaio has been asked to remove himself due to “unethical
misconduct and conflict of interest.”
The move comes after the 9th Circuit Court of Appeals on Tuesday refused to intervene and order his removal. Such an action would have been considered extraordinary.
The emergency petition filed with the 9th Circuit asked that Judge G. Murray Snow be disqualified “for alleged egregious and continuing ethical violations and extra-judicial bias and prejudice in the ongoing contempt proceedings.”
Read More @ WesternJournalism.com
The federal district judge hearing a racial profiling case against
Sheriff Joe Arpaio has been asked to remove himself due to “unethical
misconduct and conflict of interest.”The move comes after the 9th Circuit Court of Appeals on Tuesday refused to intervene and order his removal. Such an action would have been considered extraordinary.
The emergency petition filed with the 9th Circuit asked that Judge G. Murray Snow be disqualified “for alleged egregious and continuing ethical violations and extra-judicial bias and prejudice in the ongoing contempt proceedings.”
Read More @ WesternJournalism.com
from USA Watchdog:
China is telling the U.S. to back off in the South China Sea, even though it is building islands for military bases there.
China believes the South China Sea belongs to them, but many other countries, including America, say it’s always been international waters. You can add this to the perfect storm of troubles the U.S. is facing, and this time, it is with our largest creditor. The U.S. Navy is sending ships there but is not flying over the territory, at least not yet. So far, nothing has happened, but you can add this to the many problem spots in the world.
Meanwhile, Secretary of State John Kerry met with Vladimir Putin in Russia, which is one of China’s newest allies and business partners. Kerry reportedly discussed a variety of topics such as enforcing a meaningful ceasefire in Ukraine, but no deal was reached. My question is why has this taken so long, and why the urgency to send Kerry to make nice with the Russians after all the sanctions, threats and nasty words? Russia has been probing U.S. and NATO air space, and the U.S. has been beefing up troops and equipment in Eastern Europe. Is this going to turn into a real peace deal or is this the calm before the storm?
Read More @ USAWatchdog.com
China is telling the U.S. to back off in the South China Sea, even though it is building islands for military bases there.
China believes the South China Sea belongs to them, but many other countries, including America, say it’s always been international waters. You can add this to the perfect storm of troubles the U.S. is facing, and this time, it is with our largest creditor. The U.S. Navy is sending ships there but is not flying over the territory, at least not yet. So far, nothing has happened, but you can add this to the many problem spots in the world.
Meanwhile, Secretary of State John Kerry met with Vladimir Putin in Russia, which is one of China’s newest allies and business partners. Kerry reportedly discussed a variety of topics such as enforcing a meaningful ceasefire in Ukraine, but no deal was reached. My question is why has this taken so long, and why the urgency to send Kerry to make nice with the Russians after all the sanctions, threats and nasty words? Russia has been probing U.S. and NATO air space, and the U.S. has been beefing up troops and equipment in Eastern Europe. Is this going to turn into a real peace deal or is this the calm before the storm?
Read More @ USAWatchdog.com
from Zero Hedge:
It’s not just those domestic extremists and crazy “conspiracy theory”
kooks who took serious issue with UK Prime Minister David Cameron’s
recent overtly fascist language when it comes to freedom of expression
in Great Britain. For example, in a post published today, the UK Independent describes the quote below as “the creepiest thing David Cameron has ever said.”
… Those of us who are in disbelief over David Cameron’s recent language, don’t have to just point to the quote above. There’s a lot more to it than a simple quote. For example, the Guardian reports:
It’s not just those domestic extremists and crazy “conspiracy theory”
kooks who took serious issue with UK Prime Minister David Cameron’s
recent overtly fascist language when it comes to freedom of expression
in Great Britain. For example, in a post published today, the UK Independent describes the quote below as “the creepiest thing David Cameron has ever said.”… Those of us who are in disbelief over David Cameron’s recent language, don’t have to just point to the quote above. There’s a lot more to it than a simple quote. For example, the Guardian reports:
The measures would give the police powers to apply to the high court for an order to limit the “harmful activities” of an extremist individual. The definition of harmful is to include a risk of public disorder, a risk of harassment, alarm or distress or creating a “threat to the functioning of democracy”.
Read More @ ZeroHedge.com
by Lawrence Williams, MineWeb.com:
Forgive us for coming back to a subject we have covered before, but we
have previously commented on our disbelief that India regained top spot
as the world’s No. 1 gold consumer in 2014. This belief, which is since
being perpetuated by the mainstream global media, was based on the World
Gold Council (WGC)’s Gold Demand Trends report of February this year,
which had India just pipping China into the No.1 spot on preliminary
data. We disagreed with this assessment at the time and have pointed to
other statistical analyses of the global gold market since which would
also reverse this position and we are now pleased to note that the
latest WGC Gold Demand Trends report has China firmly back in the No. 1
spot for 2014 with its latest consumption figure for that year put at
973.6 tonnes as against India’s 811 tonnes. China’s figure would be even
higher at 1,015 tonnes if we include Hong Kong consumption which
perhaps one should given that Hong Kong is a part of China even if its
statistics tend to be recorded separately.
The latest WGC statistics – now provided by the Metals Focus consultancy rather than by GFMS which has provided them in the past – also suggests that Chinese consumption (excluding Hong Kong) fell by 7% in Q1 this year to 272.9 tonnes compared with Q1 2014, while India’s grew by 15% to 191.7 tonnes – which still leaves China as comfortably the No.1 global consumer.
Read More @ MineWeb.com
Forgive us for coming back to a subject we have covered before, but we
have previously commented on our disbelief that India regained top spot
as the world’s No. 1 gold consumer in 2014. This belief, which is since
being perpetuated by the mainstream global media, was based on the World
Gold Council (WGC)’s Gold Demand Trends report of February this year,
which had India just pipping China into the No.1 spot on preliminary
data. We disagreed with this assessment at the time and have pointed to
other statistical analyses of the global gold market since which would
also reverse this position and we are now pleased to note that the
latest WGC Gold Demand Trends report has China firmly back in the No. 1
spot for 2014 with its latest consumption figure for that year put at
973.6 tonnes as against India’s 811 tonnes. China’s figure would be even
higher at 1,015 tonnes if we include Hong Kong consumption which
perhaps one should given that Hong Kong is a part of China even if its
statistics tend to be recorded separately.The latest WGC statistics – now provided by the Metals Focus consultancy rather than by GFMS which has provided them in the past – also suggests that Chinese consumption (excluding Hong Kong) fell by 7% in Q1 this year to 272.9 tonnes compared with Q1 2014, while India’s grew by 15% to 191.7 tonnes – which still leaves China as comfortably the No.1 global consumer.
Read More @ MineWeb.com
by Andrew Critchlow, The Telegraph:
German investors have piled into gold bars and coins in the first
quarter of the year as a hedge against European Central Bank policy and
the threat of a Greek default
bringing down the eurozone. Latest figures from the World Gold Council
show that Germans increased their buying of gold coins and bars of
bullion by 20pc to 32.2 tonnes in the last quarter, the highest rate of
purchases seen in a year.
The strong buying of gold – which is traditionally seen by investors as a safe-haven asset – was seen across Europe amid growing uncertainty over central bank policy and the standoff between Athens and its creditors.
“This was the strongest start in Europe for gold coins and bars that we have seen since 2011,” Alistair Hewitt, head of market intelligence at the World Gold Council told The Telegraph. “German investors are fretting over the ECB, Greece and Ukraine.”
Read More @ Telegraph.co.uk
German investors have piled into gold bars and coins in the first
quarter of the year as a hedge against European Central Bank policy and
the threat of a Greek default
bringing down the eurozone. Latest figures from the World Gold Council
show that Germans increased their buying of gold coins and bars of
bullion by 20pc to 32.2 tonnes in the last quarter, the highest rate of
purchases seen in a year.The strong buying of gold – which is traditionally seen by investors as a safe-haven asset – was seen across Europe amid growing uncertainty over central bank policy and the standoff between Athens and its creditors.
“This was the strongest start in Europe for gold coins and bars that we have seen since 2011,” Alistair Hewitt, head of market intelligence at the World Gold Council told The Telegraph. “German investors are fretting over the ECB, Greece and Ukraine.”
Read More @ Telegraph.co.uk
US Foreign Policy In One Photo
Submitted by Tyler Durden on 05/15/2015 - 12:10 Un-Photoshopped Reuters photo sums up US foreign policy perfectly as Abdul Latif bin Rashid Al Zayani, representing the Gulf Co-operation Council, appears to leave U.S. President Barack Obama hanging during a welcome ceremony at the White House this week.
Execution By Anti-Aircraft Gun: The Photographic Evidence
Satellite images dated October 2014 appear to show a battery of six ZPU-4s lined up in front of "some sort of downrange targets" just outside of Pyongyang, suggesting that executions by anti-aircraft gun may not be all that uncommon in North Korea and reinforcing the following message: "No napping."
"Death Of The Bond Bull" Greatly Exaggerated - Yields Now Lower On The Week
Reports of the death of the global bond bull market have been greatly exaggerated. Much to the chagrin of all the "told-you-so" tale-tellers on business-media this week, US Treasuries have been in great demand the last 2 days and all bonds 10Y maturity and below are now lower in yield on the week (with 30Y up a mere 4bps). Treasuries are now notably outperforming Bunds on the week.
House Passes Massive Defense Bill Which Obama Will Promptly Veto
Submitted by Tyler Durden on 05/15/2015 - 11:28 The US House of Representative just approved (by a vote of 269 to 151) the $612 billion National Defense Authorization Act (NDAA) funding moar warmongery for fiscal year 2016. However, the vote came short of a veto-proof majority and since the administration opposes the defense policy bill - for its alleged budgeting "gimmicks," as well as its provisions for arming Ukrainian forces - we suspect President Obama is preparing to unleash the veto pen.
UMich Consumer Sentiment Crashes As Surging Gas Prices Trump Stock Record Highs
Soaring gas prices dueled with soaring stock prices to leave University of Michigan Consumer Sentiment and it appears the former won. Printing at the weakest level since Oct 2014, UMich dropped to 88.6 (vs 95.9 expectations). This is the biggest miss on record.. and biggest MoM drop since Dec 2012. Both current conditions and expectations plunged despite surges in inflation expectations. Higher income expectations are starting to plunge - at their lowest in 7 months - and household finances are seenas the worst since July 2014. And finally, the survey's spokesperson says that respondents showed "concern over employment."
Deutsche Bank: "No One Knows How To Hedge Or Price Liquidity In This World"
"... some stressed more than others about it but all concluded that the last few weeks in rates were eye-opening. No-one really knew how to hedge or price for it in a world where you need to hit short-term performance targets. This supports my view that liquidity premiums will never be properly priced in this cycle and investors will stay in assets too long in order to maximise short-term performance.... when this cycle does end there is likely to be savage moves in markets where either investors need to sell or where they are able to sell."/
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