Submitted by Tyler Durden on 07/04/2015 - 09:34 It’s simple, the euro is finished. It won’t survive the unmitigated scandal that Greece has become. Greece is not the victim of its own profligacy, it’s the victim of a structure that makes it possible to unload the losses of the big countries’ failing financial systems onto the shoulders of the smaller. There’s no way Greece could win. The damned lies and liars and statistics that come with all this are merely the cherry on the euro cake. It’s done. Stick a fork in it. The smaller, poorer, countries in the eurozone need to get out while they can, and as fast as they can, or they will find themselves saddled with ever more losses of the richer nations as the euro falls apart. The structure guarantees it.
A Drone's Eye View Of The Massive Numbers Behind The Greek "No" Vote
Submitted by Tyler Durden on 07/04/2015 - 11:43 “I call you to say again a big proud ‘no’ to ultimatums on Sunday!""We can also say it in German: Nein, Frau Merkel, Nein.”
Paul Craig Roberts: Sunday's Vote Will Determine Liberty Or Serfdom
Submitted by Tyler Durden on 07/04/2015 - 11:16 The greatest and most successful propaganda scam in history is the one that convinces the world that they are nobody if they are not part of The West: the indispensable peoples, the exceptional peoples. If you are not part of The West you are nobody, nonexistent, a nothing. 2,500 years ago Greeks saved their independence from the Persian Empire. Sunday’s vote will tell us whether Greeks have again served liberty or whether they have succumbed to Washington’s Empire.
by Ambrose Evans-Pritchard, The Telegraph:
Greece has stockpiled enough reserves of fuel and pharmaceutical
supplies to withstand a long siege, and has set aside emergency funding
to cover all the country’s vitally-needed food imports.
Yanis Varoufakis, the Greek finance minister, said the left-Wing Syriza government is still working on the assumption that Europe’s creditor powers will return to the negotiating table if the Greek people don’t agree to their austerity demands in a referendum on Sunday. “Luckily we have six months stocks of oil and four months stocks of pharmaceuticals,” he told The Telegraph.
Mr Varoufakis said a special five-man committee from the Greek treasury, the Bank of Greece, the trade unions and the private banks is working feverishly in a “war room” near his office allocating precious reserves for top priorities.
Read More @ Telegraph.co.uk
Greece has stockpiled enough reserves of fuel and pharmaceutical
supplies to withstand a long siege, and has set aside emergency funding
to cover all the country’s vitally-needed food imports.Yanis Varoufakis, the Greek finance minister, said the left-Wing Syriza government is still working on the assumption that Europe’s creditor powers will return to the negotiating table if the Greek people don’t agree to their austerity demands in a referendum on Sunday. “Luckily we have six months stocks of oil and four months stocks of pharmaceuticals,” he told The Telegraph.
Mr Varoufakis said a special five-man committee from the Greek treasury, the Bank of Greece, the trade unions and the private banks is working feverishly in a “war room” near his office allocating precious reserves for top priorities.
Read More @ Telegraph.co.uk
from X22 Report:
“The illegal we do immediately. The unconstitutional takes a little longer.”–Henry Kissinger
from APFN:
Since
March 9, 1933, the United States has been in a state of declared
national emergency. In fact, there are now in effect four
presidentially-proclaimed states of national emergency: In addition to
the national emergency declared by President Roosevelt in 1933, there
are also the national emergency proclaimed by President Truman on
December 16, 1950, during the Korean conflict, and the states of
national emergency declared by President Nixon on March 23, 1970, and
August 15, 1971.
http://www.rallye-pointe.com/em_powers.htm
http://www.barefootsworld.net/war_ep.html
Read More @ apfn.org
hat tip: Lonewulf
from APFN:
Since
March 9, 1933, the United States has been in a state of declared
national emergency. In fact, there are now in effect four
presidentially-proclaimed states of national emergency: In addition to
the national emergency declared by President Roosevelt in 1933, there
are also the national emergency proclaimed by President Truman on
December 16, 1950, during the Korean conflict, and the states of
national emergency declared by President Nixon on March 23, 1970, and
August 15, 1971.http://www.rallye-pointe.com/em_powers.htm
Senate Report 93-549
War and Emergency Powers Acts,
Executive Orders and the New World Order
The Introduction to Senate Report 93-549 (93rd Congress, 1st Session, 1973) summarizes the situation that we face today – except it is far worse today than it was in 1973 !!
“A majority of the people of the United States have
lived all of their lives under emergency rule. For 40 years [now 66
years], freedoms and governmental procedures guaranteed by the
Constitution have, in varying degrees, been abridged by laws brought
into force by states of national emergency. The problem of how a
constitutional democracy reacts to great crises, however, far antedates
the Great Depression. As a philosophical issue, its origins reach back
to the Greek city-states and the Roman Republic. And, in the United
States, actions taken by the Government in times of great crises have –
from, at least, the Civil War – in important ways, shaped the present
phenomenon of a permanent state of national emergency.”War and Emergency Powers Acts,
Executive Orders and the New World Order
The Introduction to Senate Report 93-549 (93rd Congress, 1st Session, 1973) summarizes the situation that we face today – except it is far worse today than it was in 1973 !!
http://www.barefootsworld.net/war_ep.html
Read More @ apfn.org
hat tip: Lonewulf
China Scrambles to Put Plunge Protection Team Together: Banks Pledge Support For Crashing Market
Submitted by Tyler Durden on 07/04/2015 - 10:31 China has moved in the direction of direct intervention in its flagging equity markets, although it appears Beijing will try to orchestrate a “private” sector (whatever that means in China) solution first before going the nuclear route with the central bank’s balance sheet. As Bloomberg reports, the country’s largest brokerages are teaming up to invest nearly $20 billion in “blue chip” Chinese equities.from Silver Doctors:
from KingWorldNews:
Silver is the big story at this time. And it gives away what the same
market-making bullion banks are up to in gold. In almost 40 years of
trading I have never seen such a bullish set up in silver. We will look
back (and marvel) at this unprecedented inflection point. Since we’ve
started the year, open interest in both gold and silver have increased
while prices have declined. Silver is the primary focus because it
involves the same actors in a much smaller market and the footprints are
much easier to read.
The Same Entities Who Were Naked Long Silver At $49 Are Now Record Short
Silver started the year at around $16.50 and had an open interest of around 150,000 contracts. Last Friday silver closed at $15.76, with an open interest of around 200,000 contracts. That’s a 50,000 increase in open interest. This evidences a large short position that’s been built up since we ended 2014. The only question that remains is: Who holds this short position?
Andrew Maguire Audio Interview @ KingWorldNews.com
Silver is the big story at this time. And it gives away what the same
market-making bullion banks are up to in gold. In almost 40 years of
trading I have never seen such a bullish set up in silver. We will look
back (and marvel) at this unprecedented inflection point. Since we’ve
started the year, open interest in both gold and silver have increased
while prices have declined. Silver is the primary focus because it
involves the same actors in a much smaller market and the footprints are
much easier to read.The Same Entities Who Were Naked Long Silver At $49 Are Now Record Short
Silver started the year at around $16.50 and had an open interest of around 150,000 contracts. Last Friday silver closed at $15.76, with an open interest of around 200,000 contracts. That’s a 50,000 increase in open interest. This evidences a large short position that’s been built up since we ended 2014. The only question that remains is: Who holds this short position?
Andrew Maguire Audio Interview @ KingWorldNews.com
by Robert E Moffit, SilverBearCafe.com:
Last week the U.S. Supreme Court ruled that the federal government
could continue to subsidize health-insurance coverage through
Healthcare.gov, the federal exchanges. An ecstatic President Obama
declared that Obamacare is “here to stay.”
Read More @ SilverBearCafe.com
Last week the U.S. Supreme Court ruled that the federal government
could continue to subsidize health-insurance coverage through
Healthcare.gov, the federal exchanges. An ecstatic President Obama
declared that Obamacare is “here to stay.”
No, it’s not.
A judicial victory doesn’t automatically translate into a political victory, let alone a policy success. Once
they’ve quaffed their celebratory champagne, the president and White
House staff will need to suit up and get ready to play some hard-nosed
defense.
Here’s why. The driving force behind health reform has been the desire to control rising health-care costs.Read More @ SilverBearCafe.com
from Fabian4Liberty:
by Gold Report, MineWeb.com:
Fund Manager Adrian Day believes that the U.S. dollar is fundamentally
overvalued and we can expect a devaluation at some point. This is good
news for the price of gold. In this interview with The Gold Report, Day
adds the even-better news for investors in gold equities is that so
many good shares now sell for so little, and he discusses several
companies that won’t remain bargains for long.
The Gold Report: Despite the lack of an economic recovery and the reality of ever-increasing debt, the U.S. dollar and the equity markets remain strong, while gold (as denominated in U.S. funds) remains weak. Do you expect these conditions to change?
Adrian Day: Yes, absolutely. The strong dollar and equity markets are two of the main reasons why gold has been down over the last 18 months. The third reason is anticipated higher interest rates.
Read More @ MineWeb.com
Fund Manager Adrian Day believes that the U.S. dollar is fundamentally
overvalued and we can expect a devaluation at some point. This is good
news for the price of gold. In this interview with The Gold Report, Day
adds the even-better news for investors in gold equities is that so
many good shares now sell for so little, and he discusses several
companies that won’t remain bargains for long.The Gold Report: Despite the lack of an economic recovery and the reality of ever-increasing debt, the U.S. dollar and the equity markets remain strong, while gold (as denominated in U.S. funds) remains weak. Do you expect these conditions to change?
Adrian Day: Yes, absolutely. The strong dollar and equity markets are two of the main reasons why gold has been down over the last 18 months. The third reason is anticipated higher interest rates.
Read More @ MineWeb.com
Decades in the making, already the most expensive military project in history – and still US F-35 figher jet isn’t ready. Some are now pointing to signs that the plane’s appeal is wearing off, despite the efforts of its manufacturer.
It goes like this: There is no such blockade, and if you violate it, you will be arrested.
by Asher Schechter, Haaretz:
The first rule of the Gaza blockade is – you do not speak about the Gaza blockade.
The second rule of the Gaza blockade is – you do not speak about the Gaza blockade.
The third rule of the Gaza blockade is – you do not violate the Gaza blockade.
Earlier this week, Israeli soldiers intercepted a flotilla that tried to break Israel’s eight-year blockade of the Gaza Strip, taking over the Swedish ship Marianne and causing two other boats to reverse course. The operation was quick and no one was injured. The ship was redirected to the Port of Ashdod, and the activists on it were arrested for violating the maritime blockade keeping ships from entering or leaving Gaza.
Read More @ Haaretz.com
by Asher Schechter, Haaretz:
The first rule of the Gaza blockade is – you do not speak about the Gaza blockade.The second rule of the Gaza blockade is – you do not speak about the Gaza blockade.
The third rule of the Gaza blockade is – you do not violate the Gaza blockade.
Earlier this week, Israeli soldiers intercepted a flotilla that tried to break Israel’s eight-year blockade of the Gaza Strip, taking over the Swedish ship Marianne and causing two other boats to reverse course. The operation was quick and no one was injured. The ship was redirected to the Port of Ashdod, and the activists on it were arrested for violating the maritime blockade keeping ships from entering or leaving Gaza.
Read More @ Haaretz.com
According to an investigation conducted by Dana Liebelson, there are currently 6,000 children throughout the Land of the Free currently
being held in prison facilities for adults. In her alarming report,
Liebelson outlines the details of several cases of horrific abuse of
children within the US Prison System. She was even able to obtain video
of a young girl being held down in what looked more like a scene from a
Quentin Tarantino movie than America’s rehabilitation process.A 16-year-old by the name of Max is one of the cases Liebelson details in her report. Max is held in a maximum security adult prison in Ionia, Michigan.
During his time in prison for armed robbery, Max has been repeatedly raped by grown men he’s forced to bunk with. In one instance, he was tied up and forcefully raped to the point of bleeding for days.
Read More @ Infowars.com
by Michael Snyder, The End of the American Dream:
Hate speech laws are going in all around the world, and progressive activists in the United States want to use these kinds of laws to destroy free speech in America. You see, the truth is that these hate speech laws that are being implemented all over the planet are not just about preventing speech that promotes violence or genocide against a particular group of people. Instead, these laws are written in such a way that anyone that says something that “offends” or “insults” someone else is guilty of “hate speech”. Even if you never intended to offend anyone and you had no idea that your words were insulting, in some countries you can be detained without bail and sentenced to years in prison for such speech. Today, there are highly restrictive hate speech laws in Canada, in Mexico and in virtually every single European nation. The United States is still an exception, but the truth is that our liberties and freedoms are being eroded every single day, and it is only a matter of time until “hate speech laws” are used to take away our freedom of speech too.
If you don’t think that this could ever happen in America, you should consider what the American Bar Association has to say on the matter. This is the national organization that represents all of our lawyers, judges, etc. So when the ABA speaks on legal matters, it carries a significant amount of weight. The following is how the American Bar Association defines “hate speech”…
Read More @ Investmentresearchdynamics.com
Hate speech laws are going in all around the world, and progressive activists in the United States want to use these kinds of laws to destroy free speech in America. You see, the truth is that these hate speech laws that are being implemented all over the planet are not just about preventing speech that promotes violence or genocide against a particular group of people. Instead, these laws are written in such a way that anyone that says something that “offends” or “insults” someone else is guilty of “hate speech”. Even if you never intended to offend anyone and you had no idea that your words were insulting, in some countries you can be detained without bail and sentenced to years in prison for such speech. Today, there are highly restrictive hate speech laws in Canada, in Mexico and in virtually every single European nation. The United States is still an exception, but the truth is that our liberties and freedoms are being eroded every single day, and it is only a matter of time until “hate speech laws” are used to take away our freedom of speech too.
If you don’t think that this could ever happen in America, you should consider what the American Bar Association has to say on the matter. This is the national organization that represents all of our lawyers, judges, etc. So when the ABA speaks on legal matters, it carries a significant amount of weight. The following is how the American Bar Association defines “hate speech”…
Read More @ Investmentresearchdynamics.com
from RT:
by Dave Kranzler, Investment Research Dynamics:
It was only a matter of time before the mortgage data started
reflecting mortgage fraud again. I have suspected that mortgage
application fraud had been rising with the sudden re-emergence of
home-flipping and the “get-rich quick – find it, finance it, flip it”
seminars proliferating in the larger metropolitan areas. The hot-spot
fraud and flip areas the first time around are largely the hot-spot
fraud and flip areas now: California, Nevada, Florida and the
northeast.
Often overlooked is Colorado, which at one point during the last bubble collapse was in the top-5 for foreclosures. For the past year, up until about four weeks ago when the market seems to have stalled, Denver was as hot as any market in country as “investor/flippers” began bidding wars on homes. Wash, rinse, repeat. Just like stock market chasers, the retail home bubble chasers will never learn…
Read More @ Investmentresearchdynamics.com
It was only a matter of time before the mortgage data started
reflecting mortgage fraud again. I have suspected that mortgage
application fraud had been rising with the sudden re-emergence of
home-flipping and the “get-rich quick – find it, finance it, flip it”
seminars proliferating in the larger metropolitan areas. The hot-spot
fraud and flip areas the first time around are largely the hot-spot
fraud and flip areas now: California, Nevada, Florida and the
northeast.Often overlooked is Colorado, which at one point during the last bubble collapse was in the top-5 for foreclosures. For the past year, up until about four weeks ago when the market seems to have stalled, Denver was as hot as any market in country as “investor/flippers” began bidding wars on homes. Wash, rinse, repeat. Just like stock market chasers, the retail home bubble chasers will never learn…
Read More @ Investmentresearchdynamics.com
The American Medical Association certainly doesn’t want you to seek ‘alternative’ treatments or therapies for disease, since this would put a dent in pharmaceutical drug sales. In order to shore up their monopoly on your health more completely, they are calling many MDs ‘quacks,’ suppressing natural alternatives and gagging doctors with stiff penalties.
The AMA says they plan to ‘actively defend their profession, but this means that they will ‘discipline doctors for violating medical ethics through their press involvement.’ In other words – doctors will say what the AMA wants them to, or they are in big trouble. So much for freedom of speech!
Read More @ NaturalSociety.com
Now This is how it should be...Not the Militarized Jack Booted Thugs you see everywhere else...Like the following story...
from HighImpactFlix:
Listen to this Tulsa Officer as he describes what’s happening inside one of the 5 Walmart stores that have closed for supposed “plumbing issues.”
On June 19th, an accidental shooting involving a police officer was
reported in Whitehall, Ohio. The officer was responding to an unrelated
case, when a girl rushed over to him from a house down the street. Her
sister Ava had been badly injured by a broken piece of glass, and was
hoping the officer could help her. He decided to investigate the
situation before calling an ambulance. Once inside, the family dog
apparently charged at him, causing him to open fire on the dog. But
instead of hitting the animal, he accidentally struck Ava in the leg (She’s currently in stable condition, and is recovering from her injuries).As bad as that sounds, the family has revealed their side of the story, and it’s far worse than the one reported last month. They claim that the dog did not charge the officer at all, and that after shooting their daughter, he didn’t offer any kind of medical assistance. In fact, they claim he never said anything at all. He simply walked away from the scene.
Read More @ thedailysheeple.com
from Sovereign Man:
Yesterday over coffee, a friend of mine leaked the news that JP
Morgan’s private banking division here in Singapore is going to start
charging negative interest rates.
I almost fell out of my chair.
He’s a successful hedge fund manager and one of their best customers. So when he received the notice, he rang up his private banker and demanded to know why. Between ridiculously low interest rates (banks are closing loans here for 0.9% or lower) and the increasing costs of compliance, “we can’t make money anymore…” was the response. It certainly paints a clear picture of how screwed up the entire financial system is.
Read More @ SovereignMan.com
Yesterday over coffee, a friend of mine leaked the news that JP
Morgan’s private banking division here in Singapore is going to start
charging negative interest rates.I almost fell out of my chair.
He’s a successful hedge fund manager and one of their best customers. So when he received the notice, he rang up his private banker and demanded to know why. Between ridiculously low interest rates (banks are closing loans here for 0.9% or lower) and the increasing costs of compliance, “we can’t make money anymore…” was the response. It certainly paints a clear picture of how screwed up the entire financial system is.
Read More @ SovereignMan.com
by Brandon Turbeville, Activist Post:
Over the last few months, Americans who pay attention to current events
have been treated to a surprising barrage of praise coming from the
mainstream media regarding the Kurdish fighters in Syria. The Kurds have
been presented as true freedom fighters and an opposition that the US
can justify supporting, at least at some level, against ISIS.
Much of this praise is well-deserved. Kurdish fighters have indeed fought bravely against ISIS, dealing blow after blow to the Western-backed terrorist group on a number of occasions. Indeed, the Kurds have fought so skillfully that the US was quick to steal credit for a high-profile operation that was actually conducted by Syrian and Iraqi Kurds – the rescue of trapped Yazidis on the top of Mt. Sinjar.
Read More @ ActivistPost.com
Over the last few months, Americans who pay attention to current events
have been treated to a surprising barrage of praise coming from the
mainstream media regarding the Kurdish fighters in Syria. The Kurds have
been presented as true freedom fighters and an opposition that the US
can justify supporting, at least at some level, against ISIS. Much of this praise is well-deserved. Kurdish fighters have indeed fought bravely against ISIS, dealing blow after blow to the Western-backed terrorist group on a number of occasions. Indeed, the Kurds have fought so skillfully that the US was quick to steal credit for a high-profile operation that was actually conducted by Syrian and Iraqi Kurds – the rescue of trapped Yazidis on the top of Mt. Sinjar.
Read More @ ActivistPost.com
from TheAlexJonesChannel:
by Jonathan Benson, Natural News:
Old media icon The Washington Post
has once again been caught lying to its readers, this time about an
“epidemic” of campus rape that’s not quite what the paper claims it to
be. A recent series of front-page news items claiming that one in five
female college students is “sexually assaulted” has been exposed as a
hoax, adding to the paper’s already tarnished reputation for aligning
itself with Monsanto and pro-GMO interests.
The Weekly Standard first broke the news on the Post‘s abuse of its own journalistic integrity, revealing that the paper skewed a survey it conducted to make it seem like more college students are raped by other college students than is actually the case. By asking college students vague questions about their various sexual escapades, the Post was able to conjure up a wildly overblown rate of campus rape cases in order to push its own agenda.
Read More @ NaturalNews.com
Old media icon The Washington Post
has once again been caught lying to its readers, this time about an
“epidemic” of campus rape that’s not quite what the paper claims it to
be. A recent series of front-page news items claiming that one in five
female college students is “sexually assaulted” has been exposed as a
hoax, adding to the paper’s already tarnished reputation for aligning
itself with Monsanto and pro-GMO interests.The Weekly Standard first broke the news on the Post‘s abuse of its own journalistic integrity, revealing that the paper skewed a survey it conducted to make it seem like more college students are raped by other college students than is actually the case. By asking college students vague questions about their various sexual escapades, the Post was able to conjure up a wildly overblown rate of campus rape cases in order to push its own agenda.
Read More @ NaturalNews.com
Have to keep the Sheeplez Scared and Nervous all the time or they might think for themselves...Can't have that...
If you plan on traveling this Fourth of July weekend, you will encounter an increased number of “special TSA agents”
and teams at large airline hubs. For more than a week the federal
government has warned of a terror attack over the holiday despite no
credible threat beyond attacks in France, Tunisia and Kuwait.
Regardless, last Friday the FBI and Department of Homeland Security issued a bulletin warning of attacks against law enforcement officers and the military.
“There is no specific, credible intelligence to indicate any threats against celebrations over the Fourth of July weekend,” said a Homeland Security Department official. “However, we have seen repeatedly calls for violence over the past year by leadership and supporters of (ISIS) against members of the military and military installations, law enforcement, the U.S. government, and the American public.”
Read More @ Infowars.com
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