Global News Update: Nov 26, 2014

U.S. student loan debt reaches $1.1 trillion, $4 billion more than all credit-card debt. (InvestmentWatch):

“This Is Madness”(ZeroHedge):

“This has never – ever – happened before in US equity markets.”

Millionaire Chinese businessman bulldozes run down huts in village where he grew up and builds luxury flats for residents instead… for free (Daily Mail):

A millionaire Chinese businessman has bulldozed the wooden huts and muddy roads where he grew up – and built luxury homes for the people who lived there.

Xiong Shuihua was born in Xiongkeng village in the city of Xinyu, southern China and said that his family had always been well looked after and supported by residents in his childhood.

So when the 54-year-old ended up making millions in the steel industry he decided to repay the favour – for free.

Did They Want More Violence In Ferguson? 10 ‘Coincidences’ Too Glaring To Ignore (Economic Collapse):

The following are 10 “coincidences” from Monday night in Ferguson that are too glaring to ignore…

How to talk to the police

Video of the Day – Understanding the 5th Amendment and Why a Law Professor Says “Don’t Talk to Police” (Liberty Blitzkrieg)

Ferguson: The Safety of Citizens is Lost with The Unaccountability of Police — Paul Craig Roberts:

The issue has been cast as white-black racism.

Actually, the situation is far more serious than racism.

US “Secret” Deal With Saudis Backfires After Oil Minister Says US Should Cut First (ZeroHedge):

Who could have seen this coming? With oil prices holding at 4-year lows, heavily pressuring around half of US shale production economics, the “secret” US deal (see here and here) with Saudi Arabia to crush Russia via oil over-supply in a slumping demand world appears to be backfiring rapidly for John Kerry and his strategery team. Capable of withstanding considerably lower prices for longer, Saudi Arabia’s oil minister Ali al-Naimi proclaimed “no one should cut production and the market will stabilize itself,” adding rather ominously (for the US economy and HY default rates), “Why should Saudi Arabia cut? The U.S. is a big producer too now. Should they cut?” With prices expected to drop to $60 on no cut, maybe the “unequivocally good” news for the US economy from lower oil prices should be rethunk.

NSA Backdoor Exploit in Windows 8 Uncovered (InvestmentWatch):

An internal document issued by IT experts working for the German federal government warned national agencies and companies not to use Windows 8. The reason? An alleged backdoor exploit has been discovered, and the details were obtained and published by German site Zeit Online. The leaked message suggests that the NSA likely has access to a hidden feature which apparently can’t be shut off and allows Microsoft to remotely control any computer running the software.The Windows 8 feature under scrutiny by the German government is called Trusted Computing, a backdoor setting established ten years ago by a number of American techgiants including Microsoft, HP and IBM. Trusted Computing is supposed to protect computers from being manipulated by malicious third parties using viruses or other methods. The chip used to install Trusted Computing on Windows 8 computers allegedly offers Microsoft backdoor access, though the implication appears to be that the American company will extend that power to the U.S. government as well.

Microsoft now has robot security guards (DailyDot):

Robots are increasingly replacing humans in a variety of mundane tasks, like bolting a car together or making lollipops, but now they are moving into the security business.

Microsoft recently installed a fleet of 5-feet-tall, 300-pound robots to protect its Silicon Valley campus. The robots are packed with HD security cameras and sensors to take in their organic, protein-based surroundings. There’s also an artificial intelligence on board that can sound alarms when the robot notices something awry. It can also read license plates and cross-reference them to see if they’re stolen.

Dr. Rima E. Laibow: Now a crime in Japan to speak of Fukushima nuclear disaster effects:

Here Comes France: Right-Wing Leader Marine Le Pen Demands Central Bank Repatriate French Gold (ZeroHedge):

First Germany, then the Netherlands, perhaps Switzerland this weekend, and now the French right-wing Front National, which shockingly came first in May’s European parliament elections, and whose leader Marine Le Pen is currently polling in first place in a hypothetical presidential election (in both a first and run off round), ahead of president Hollande, has sent a letter to the governor of the French Central Bank, the Banque de France, demanding that France join the list of nations which have repatriated, or at least tried to, their gold.

Swiss Gold Referendum: What It Really Means — Paul Craig Roberts:

In a few days the Swiss people will go to the polls to decide whether the Swiss central bank is to be required to hold 20% of its reserves in the form of gold. Polls show that the gold requirement is favored by the less well off and opposed by wealthy Swiss invested in stocks. http://snbchf.com/gold/swiss-gold-referendum-latest-news/ These poll results provide new insight into the real reason for Quantitative Easing by the Federal Reserve and European Central Bank.

Not just gold and silver… New lawsuit says precious metals manipulation is even worse (InvestmentWatch):

From Bloomberg: Goldman Sachs Group Inc. (GS) and HSBC Holdings Plc (HSBA) were sued in New York over claims they conspired for eight years to manipulate prices for the precious metals platinum and palladium in what plaintiffs’ lawyers say is the first class-action lawsuit of its kind in the U.S.Standard Bank Group Ltd. and a metals unit of BASF SE (BAS), the world’s largest chemical company, were also sued. The four companies used inside information about client purchases and sale orders to profit from price movements for the metals used in products ranging from jewelry to cars, according to a complaint filed yesterday in Manhattan federal court.

The Fed now owns more than 50% of all outstanding 10-15 year Treasuries (InvestmentWatch)

Initial Jobless Claims Spikes Above 300k To 3-Month Highs, Biggest Miss In 11 Months (ZeroHedge):

Having trended gradually higher for the last 5 weeks (missing expectations for 4 of them), initial jobless claims printed an uncomfortable 313k (against expectations of a 288k print – the biggest miss in over 11 months) pushing to its worst level in 3 months. This is the biggest week-over-week rise in almost 4 months. Continuing claims hovers at 14-year lows and dropped this week to 2.316 million. Perhaps worryingly, this rise in initial claims is considerably larger than the average shift for this time of year…

‘Kidnapped boy may have been abused and murdered by VIP paedophile ring,’ say police (Independent):

The family of a missing boy have been told by police that he may have been abducted, abused and murdered by a paedophile ring of leading establishment figures.

Martin Allen, the son of the chauffeur of a Australian high commissioner, went missing aged 15 from King’s Cross on his way to home in Kensington in November 1979.

His brother Kevin, 51, has said he was called by Detective Chief Inspector Diane Tudway of the Metropolitan Police on Friday, who told him she was investigating whether Martin’s disappearance is linked to an alleged ring made up of MPs and senior figures of authority.

Two FBI Agents Shot Near Ferguson Protests (ZeroHedge):

While the second day of protests in Ferguson were far more contained as a result of the tripled presence of national guard troops in the St. Louis suburb, with media instead focusing on events in New York, LA and other major metropolitan centers, St. Louis violence failed to avoid the headlines for another day when shortly before 3 am, two FBI agents were shot early Wednesday morning in north St. Louis County.  The good news according to Reuters, is that this latest assault was “not directly related” to racially charged unrest in and around nearby Ferguson, an agency spokeswoman said.   “The incident is not directly related to the Ferguson protests,” Wu said, but did not elaborate further.

– #LondonToFerguson: Protests spread across London   LIVE UPDATES (RT):

Hundreds of demonstrators marched through central London and occupied Parliament Square, briefly clashing with police, in protest against a US grand jury verdict clearing Darren Wilson – the officer who shot dead black teenager Michael Brown in Ferguson.

Thanksgiving mess: Airlines cancel hundreds of flights as storm rips through Northeast (RT):

Airlines in the United States have cancelled nearly 300 flights thus far Wednesday given rain and snow along the East Coast and Appalachians. The heaviest snow through the day is expected just west of the I-95 corridor between Philadelphia and Boston.

Holiday travelers will have to deal with a storm consisting of rain, at times heavy snow, fog, and poor visibility on Thanksgiving Eve, traditionally one of the busiest days for airlines and highways across the US. The regions of New England, the mid-Atlantic, and Appalachia are expected to see the worst winter weather.

–52C in Siberia: Over 70 passengers ‘push’ frozen plane to runway (VIDEO) (RT):

Freezing temperatures didn’t stop intrepid passengers from “helping out” a Russian plane that couldn’t move, because its wheels were frozen to the ground. The “selfie” won the day in a remote Siberian town beyond the Arctic Circle.

74 passengers, who were on board, offered the seven-member crew and technical staff to help move the frozen Tupolev Tu-134 plane to the takeoff runway on Tuesday, a spokeswoman for the UTair company told TASS.

The passengers disembarked to lighten the weight, and then they volunteered to move it,” she said.

T-800

Terminator series – Revelation of the coming A.I. takeover (Intellihub):

I’ll spare you any Arnold impersonations, as The Terminator impersonation is perennially the material of hack comedians. On the contrary, the Terminator series is one of the more profound examples of predictive programming, establishing memes and implanting preparatory ideas comparable to The Matrix. While The Matrix is the classic conspiracy-genre trope for “awakening” to the fraud of the system as a whole, the Terminator series is far more ominous and serious in its foreboding message. Foreboding, because the real shadow government plan is to erect Skynet in reality, and serious because the establishment’s entire paradigm is that of depopulation. Mix the two together, and you get Terminator.  Thus, I have been of the opinion for a few years now that the reason for the erection of A.I., while full of esoteric undertones, is pragmatically about erecting a control grid impervious to human error which will then function as a global human deletion grid.

Save the Children staff furious over ‘morally reprehensible’ award for Tony Blair (Telegraph):

Save the Children faces a revolt by its staff after it gave a “global legacy” award to Tony Blair.

More than 200 of the charity’s employees have signed an internal letter condemning the “morally reprehensible” decision to give the honour to the former prime minister at a ceremony in New York.

The move places in jeopardy the charity’s “credibility”, it warns.

Hacked documents: US sending lethal weapons to Ukraine (Hang The Bankers):

It has been half a year since it was first revealed that the US has been sending non-lethal aid to the Ukraine: recall that it was in early June when Obama announced he had approved $5 million in body armor, night vision goggles and additional communications equipment for the Ukrainian military.

Video: Cops Didn’t Seem to Hesitate for One Second Before Gunning Down 12-Yr-Old Boy (The Daily Sheeple):

While everyone is busy emotionally investing themselves in the muddy waters of the Darren Wilson/Michael Brown police shooting case in Ferguson and the highly orchestrated aftermath, a 12-year-old boy named Tamir Rice was shot and killed by police at an Ohio playground over the weekend reportedly because he was carrying a BB gun that the officers somehow mistook for a real gun and a real threat.

Cop shoots at Florida man rushing home during daughter’s asthma attack (XRepublic):

A Jacksonville sheriff fired shots at an unarmed suspect during a traffic incident Monday, but will not be placed on leave. Officer J.C. Garcia shot at Brian Dennison as the latter was rushing his daughter home in the midst of an asthma attack.

Ferguson brave: Female manager defends her business from looters (VIDEO) (RT)

CAUGHT: Government Creates VIRUS to Attack Russia! Cyber War! (InvestmentWatch):

World’s most advanced hacking spyware let loose
Google’s secret NSA alliance: The terrifying deals between Silicon Valley and the security state
Israeli Test on Worm Called Crucial in Iran Nuclear Delay
“‘if Iran continues with its programme for developing nuclear weapons, we will attack it. The sanctions are ineffective,
Ottawa to spend $200 million on mental health for military 30
Leaked ‘Black Budget’ Shows How The CIA Progressed From Spy Agency To Paramilitary Force

Sources:
http://www.ft.com/intl/cms/s/0/8392d1…
http://www.salon.com/2014/11/16/googl…
http://www.nytimes.com/2011/01/16/wor…
http://www.torontosun.com/2014/11/22/…
http://www.independent.co.uk/news/sci…
http://www.cbc.ca/news/health/medical…
http://tytruth.com
http://www.businessinsider.com/black-…

Solar and Wind Energy Start to Win on Price vs. Conventional Fuels (New York Times):

For the solar and wind industries in the United States, it has been a long-held dream: to produce energy at a cost equal to conventional sources like coal and natural gas.

That day appears to be dawning.

‘$100,000 a year’: Headhunt for drone pilots in USA (RT):

Drone pilots and engineers are certainly careers with a future in the US. Although commercial drones aren’t legal yet, reports reveal that companies are already willing to pay unbelievably high salaries, in the expectation of rules softening.

Severely disabled 19-year-old with a mental age of just five is ordered to have a fitness-to-work test despite not being able to read, write, talk or even sleep on her own (Daily Mail):

Ellie McDonald, 19, suffers from the extremely rare genetic disorder called Chromosome 7 Deletion, which means she is unable to eat, sleep or walk without the help of mother Louise.

In preparation for Ellie leaving her special needs school, her mother and her full-time carer applied for employment support allowance (ESA) to replace their child benefit payments.

But the family were shocked to be told Ellie would need to be tested to rule out her being fit for work – a process Miss McDonald branded ‘bureaucracy gone mad’.

Now, since reports of Ellie’s situation came to light, the Department of Work and Pensions have said she is no longer required to do a Work Capability Assessment.

Jamie Dimon’s Daughter Is Asking You For A Favor (ZeroHedge):

Laura-Dimon

Eating cat for Christmas: Activists call on Swiss parliament to outlaw pet consumption (RT):

Animal rights activists have drawn up a petition to ban the ‘barbaric’ practice of eating pets in Switzerland, where cat meat often appears on traditional Christmas menus in rural areas.

The animal protection group, SOS Chats Noraingue, has handed over a petition with 16,000 signatures, including such notable animal rights defenders as Brigitte Bardot, to the Swiss parliament on Tuesday.

Dog meat is often used to make sausage, while cats are prepared around the holiday season in a similar style to rabbit – in a white wine and garlic sauce. A type of mostbröckli made from marinated cat or dog is another local favorite.

I never dreamed of this
Source: Investors

5 thoughts on “Global News Update: Nov 26, 2014

  1. As for student loans at $1.1 Trillion, I am not surprised. The UK started the trend to sell student loans on Wall Street. They cannot be ignored, the people have to pay them. Like taxes, there is no out. Those who think their student loans will be deferred or dropped for any reason are living in a dream world….it is the next item to pump Wall Street.

    As for people eating cats, I don’t believe it because, like dog, they make terrible eating. I would tear the slime who try it to pieces. I love cats, and they are very valuable in the scheme of things…..they kill rodents and other creatures that carry plague and other illness. The Black Plague would have been far less terrible had people not killed cats in the demented view they were items of witchcraft……..and people are so mindless, it could happen again. Ignorance, the greatest enemy of humanity has reared its ugly head once again. From 1800-1990, we had incredible progress and such nonsense as cat eating and ghost chasing was not in our sights………now, after 15 years of economic turmoil, where greedy guts have stolen all our wealth, people are doing both………?

    Initial jobless claims over 300K? Its Thanksgiving, who will notice?
    They probably saved the best for today.

    The FED now owns over half the 10-15 year treasuries: No surprise. They also own a huge number of mortgage backed securities, the trash of the world.

    Goldman Sachs manipulating metal prices? No surprise in such a corrupt system as ours.

    What can I say about John Kerry’s fool idea of hurting Russia by driving down oil prices? It won’t work, Russia is growing, the US isn’t. The Saudis are not going to play, they are already doing deals with Russia and China avoiding the dollar…….the US idiots don’t get it…….in the 911 fraud, most of the so called attacks were by Saudi citizens…….they hated us 40 years ago. I went to school with some, they drove incredible Maserati vehicles with special Saudi license plates, they approached me to do their homework…..for which they would pay me. I told them no, I was not going to give them my work as their own…..and in those days, I could have used the money……..but, I could not do it, I could not sell out my own spirit, especially to people who hated us so much. My academic ego was high, but so were my grades…….

    The US and its futile games to undermine Russia will not work. Much of the Ukraine citizens see themselves as Russian, and they will eventually wise up and throw US players out on their respective backsides…….the US behavior is that of a rogue nation that is desperate…….we are sliding fast.

    Over 70% of the world now use alternatives to the US dollar, and the number is growing every week. Right now, some of the countries that work around the dollar are Russia, China, India, Brazil, South Africa, many emerging economies in Africa (too numerous to mention), much of South and Central America, Canada, Qatar, Switzerland, Japan, Australia, New Zealand………Even the UK, Germany and France now work in a swap system that avoids the dollar……….once the US loses members of the EU, the dollar will collapse……..

    The dollar has nothing behind it but ink. Sadly, the EU and China are following suit, publishing paper money without end, regardless there is nothing behind it but hot air……the major economy not doing this is Russia……The UAE is also not playing, and they are happily working with China and Russia, they will not help the US beat Russia…….Russia is a great trading partner that pays its bills with a currency that isn’t published irresponsibly.

    As for Dimon’s daughter asking to be told of scams……..I think that someone is being punked.

    As for Solar and Wind Power starting to win in the US, it is overdue, and I am glad. Brazil was on this over 30 years ago, and look at them now compared to the US. The days of greedy gut oil may be coming to a close…….too many dreadful things have happened because of that 19th century industry……

  2. Looking at the article itemizing ten factors of the Ferguson disaster that were a set up…..I agree with much of it. When it blows up enough, the government, thanks to NDAA, can bring the military in to control people.

    Rioting accomplishes nothing, and the fact they seem to be inviting it to bring in federal troops is disturbing. The Federal government has been downsizing for years, so they would rely on the military……but they would have to bring them home. Troops everywhere, national guard people everywhere…..but here. A lot has to change for government to do much, it is run by incompetent bureaucrats.

    So, I take this far less seriously…..at least his take on it. I think Ferguson was used to cover up something else. Last week, Canada and Qatar dumped the dollar……..perhaps someone else has done the same……..there is always something else far more serious going on.

    As long as people sit stupidly in front of US media TV, there will be no uprising or riots. The author ought to read some of Napoleon’s work…….controlling the media allows government to do about anything. I doubt if Ferguson is the future in the US unless government wants it. The slant on Ferguson by the US propaganda mill was the need to “protect police” from the rotten people. Yeah, there they were, in SWAT team garb holding machine guns………they need protection from civilians?

    I don’t agree with the author. He makes some good points, but the only way people in the US will rise up is if they turn off all TVs, and stop taking their medications…….I doubt that will happen.

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