Sep 19

- Australia Stunned After ISIS Plan To “Publicly Behead Random Person In Sydney” Foiled (ZeroHedge, Sep 18, 2014):

First, led by a “British-speaking” murderer, ISIS released beheading videos of US journalists. Then ISIS releases video of a British journalist hostage ‘news’ report to expose “the truth,” and now, Australian police have raided hundreds of homes foiling a direct ISIS provocation to publicly behead a random citizen in Sydney. As Reuters reports, more than 800 police were involved in the pre-dawn security operation in Sydney and Brisbane, which was described as the largest in Australian history. A 22-year-old Sydney man was arrest, after links were found to top ISIS recruiter Mohammad Baryalei that PM Abbot stated were “clearly designed to shock and horrify, perhaps terrify” the community.

As The Sydney Morning Herald reports,

Top terrorist recruiter Mohammad Baryalei is behind an Islamic State plot to murder Australians on video, police say, sparking the nation’s biggest ever counter-terrorism raids and prompting warnings of a high alert for a further 18 months. Continue reading »

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Sep 19

VATICAN CONCLAVE 2013
Holy smoke: Police found the cocaine hidden in suitcases, along with 150g of cannabis.

- Diplomatic car belonging to Vatican stopped at French border carrying four kilos of cocaine worth an estimated £500,000 (Daily Mail, Sep 17, 2014):

  • Two Italian men arrested in grace and favour Jaguar used by cardinal
  • The two men were reportedly given the car to be serviced
  • They believed the diplomatic markings would stop border searches 

A diplomatic car belonging to the Vatican has been stopped at a French checkpoint carrying four kilos of cocaine with an estimated street value of £500,000.

Two Italian citizens were arrested in a grace and favour Jaguar allocated to Cardinal Jorge Melia. Continue reading »

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Sep 19

- True story: You know your country is broke when the cops have to call 911… (Sovereign Man, Sep 18, 2014):

Imagine coming home from work and finding that a group of men have broken into your house. What do you do?

I have a gratified feeling that for an increasing number of our readers, the answer would be to draw their firearm and defend the home.

But it’s safe to say most folks would… call the police. Continue reading »

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Sep 19

Ukraine coal

- More Than Just Gas: Is This Natural Resource The Reason For The Ukraine Civil War? (ZeroHedge, Sep 18, 2014):

Earlier today, we got a definitive confirmation that when Obama was talking about “costs” when jawboning on the ongoing Ukraine civil war, he envisioned not only Germany, and thus Europe, both of which are teetering on the edge of a triple-dip recession due to Russian sanctions, but Ukraine itself. The reason: the Ukraine economy appears to have ground to a halt following an overnight report that the war-torn country’s industrial output plummeted 21.4% Y/Y in August, above the 18% estimate, and some 12.7% on a monthly basis. As the chart below shows, this was the biggest drop in industrial production since the global crisis of 2009 and followed a 12% fall year-on-year in July. Continue reading »

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Sep 19

H/t reader M.G.:

“Since when is truth so dangerous?
This story I am posting chills me to the bone.
We have a truly evil government that abhors the truth…….”


pentagon

- Pentagon increasing surveillance to prevent another Snowden-style leak  (RT, Sep 18, 2014):

On the heels of two of the largest intelligence breaches in American history, the Pentagon reportedly plans to roll out new rules requiring military contractors to more stringently monitor the activities of employees who work with sensitive materials.

Although the intelligence leaks attributed to United States Army Private Chelsea Manning and former contractor Edward Snowden have already spawned significant changes in the way sensitive information is seen and shared by workers with access to classified data, Politico’s Joseph Marks reported this week that the Pentagon plans to put into place further mechanisms intended to diminish the odds of another major breach anytime soon. Continue reading »

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Sep 19

H/t reader M.G.:

“If this were even remotely a nation of law, this SOB would be in prison………………..”


- Intelligence Director Clapper insists he didn’t lie to Congress — but ‘misspoke’ about NSA spying (RT, Sep 18, 2014):

The United States’ top intelligence official said Thursday that he’s disappointed to continuously have his integrity disputed over an unsound remark he made before Congress more than a year ago concerning the National Security Agency’s spy tactics.

Eighteen months after he told lawmakers that the NSA does “not wittingly” collect and store data pertaining to US citizens, Director of National Intelligence James Clapper said during an event Thursday morning in Washington, DC that he still takes heat for his infamous answer.

The gaffe in question occurred when Sen. Ron Wyden (D-Oregon) asked DNI Clapper during an intelligence hearing in March 2013 if American citizens are immune to surveillance programs undertaken by the NSA. Although Clapper responded “not wittingly,” classified documents leaked to the media by former contractor Edward Snowden later that year proved that Americans’ communications are indeed collected by the NSA.

“It has been very disappointing to have my integrity questioned because of a mistake,” Clapper said during an event on Thursday, according to the Associated Press.

Dan Froomkin, a reporter for The Intercept, tweeted that Clapper complained “bitterly” of being “accused of lying.” Continue reading »

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Sep 19

- ISIS Posts Video Of British Hostage To “Dispel Manipulated Truths” Of The Western Media (ZeroHedge, Sep 18, 2014):

In an unusual turn of events, ISIS has released a ‘news’ video – absent gruesome beheadings and threats – that features ISIS captive UK report John Cantlie explaining, calmly, how “there are two sides to the story,” in Iraq and Syria and attempting to “dispel the manipulated truths” of the Western media… “think you’re getting the whole picture.. as history repeats itself yet again.”

According to Cantlie, this is the first in a series – “You may be surprised at what you learn.”

Continue reading »

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Sep 19

Symphony of Lies
Ukraine-Symhony-Of-Lies

- Poroshenko Tells US Congress “Russia Has Invaded Ukraine, Need Lethal Aid” – Live Feed (ZeroHedge, Sep 18, 2014):

In a passionate speech to a joint meeting of Congress, Ukraine’s President Petro Poroshenko dropped some tape-bombs:

  • *POROSHENKO SAYS RUSSIA `HAS NOW INVADED UKRAINE’
  • *POROSHENKO SAYS UKRAINE `URGENTLY’ NEEDS LETHAL AID
  • *POROSHENKO WARNS RUSSIANS WILL NEXT CROSS EUROPEAN BORDER

Supported by rounds of applause by US politicians, Poroshenko called for the US solidarity and to lead the offensive against Russia as they “fan the flames of war.” Stocks dipped (but recovered) though PMs are higher still.

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Sep 19

- 238 Years Of The (Dis)United Kingdom (ZeroHedge, Sep 18, 2014):

As the World anxiously awaits the results of today’s Scottish Referendum for independence from The United Kingdom, we thought a little context on just how many ‘nations’ have left over the last 238 years…

20140918_UK

Source: GlobalPost Continue reading »

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Sep 19

- The U.S. Has Already Completed Regime Change In Syria (1949), Iran (1953), Iraq (Twice), Afghanistan (Twice), Turkey, Libya and Other Oil-Rich Countries (Washington’s Blog, Sep 17, 2014):

Syria

Everyone knows that the U.S. and its allies have heavily backed Islamic terrorists in Syria in an attempt to implement regime change in that country.

But did you know that the U.S. previously carried out regime change in Syria?

The CIA backed a right-wing coup in Syria in 1949. Douglas Little, Professor, Department of Clark University History professor Douglas Little notes: Continue reading »

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Sep 19

gold-bars-737

- The Dow And S&P 500 Soar To Irrational Heights While The Ultra-Wealthy Rush To Buy Gold Bars (Economic Collapse, Sep 18, 2014):

Did you know that the number of gold bars being purchased by ultra-wealthy individuals has increased by 243 percent so far this year?  If stocks are just going to keep soaring, why are they doing this?  On Thursday, the Dow Jones industrial average and the S&P 500 both closed at record highs once again.  It is a party that never seems to end, and there are a lot of really happy people on Wall Street these days.  But those that are discerning realize that we witnessed the exact same kind of bubble behavior during the dotcom boom and during the run up to the last financial crash in 2007.  The irrational exuberance that we are witnessing right now cannot go on forever.  And the bigger that this bubble gets, the more painful that it is going to be when it finally bursts.  Those that get out at the peaks of the market are the ones that usually end up making lots of money.  Those that ride stocks all the way up and all the way down are the ones that usually end up getting totally wiped out. Continue reading »

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Sep 19

- Nowhere To Hide As Minority Report-Style Facial Recognition Technology Spreads Across America (Economic Collapse, Sep 17, 2014):

What is our society going to look like when our faces are being tracked literally everywhere that we go?  As part of the FBI’s new Next Generation Identification System, a facial recognition database known as the Interstate Photo System will have collected 52 million of our faces by the end of 2015.  But that is only a small part of the story.  According to Edward Snowden, the NSA has been using advanced facial recognition technology for years.  In addition, as you will see below, advertising companies are starting to use Minority Report-style face scanners in their billboards and many large corporations see facial recognition technology as a tool that they can use to serve their customers better.  Someday soon it may become virtually impossible to go out in public in a major U.S. city without having your face recorded.  Is that the kind of society that we want? Continue reading »

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Sep 19

- “It’s Terrifying”: Rapid rise in babies with missing brains and spinal cords sticking out in area surrounding most contaminated nuclear site in US — Mother: Actual number is WAY higher than officials are reporting (VIDEO) (ENENews, Sep 16, 2014):

Tweet by JoNel Aleccia, former NBC News reporter, Sept 2, 2014: Five pregnancies with anencephaly in Central WA state with due dates this year. State, CDC plan interviews w/ moms

After writing reports on the extremely high rate of babies missing part of their brain (anencephaly) in the 3 counties surrounding the Hanford nuclear site, Aleccia left NBC News. She is now a staff writer at Seattle’s Fred Hutchinson1 Cancer Research Center and authored this Sept. 2, 2014 article: Outreach workers from the Fred Hutchinson Cancer Research Center are drawing on years of community connections in [the counties of Yakima, Benton, and Franklin] to raise awareness about a devastating cluster of severe birth defects that no one can explain… babies are born without parts of the skull and brain… 32 babies since 2010… there were five women in the region who reported they were pregnant with babies with anencephaly, all due later this year… “A lot of what we do is around cancer prevention, but when we hear of other things that also affect health disparities, we take it on.” State and federal officials are urging groups like the Fred Hutch team to help… Continue reading »

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Sep 19

US State Department spokesperson Jen Psaki

- State Dept.’s #AskJen Twitter campaign goes awry (RT, Sep 18, 2014)

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Sep 19

The Archbishop of Canterbury, Justin Welby

- ​Doubting Thomas: UK Archbishop unsure of God’s existence (RT, Sep 18, 2014):

Britain’s’ most senior clergyman has said that thinking about global injustices has made him question the existence of God.

Archbishop of Canterbury Justin Welby admitted in front of a small public audience in Bristol that he ‘frequently asked’ whether God truly existed, and if “he should be doing something” about difficult situations.

Asked whether he ever doubted his belief by a BBC reporter, the Archbishop said that he did question Christianity at times. Continue reading »

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Sep 19

Full article and photos here:

- Agafia’s story: Old hermit lives alone deep in Siberian forest, seeks help(RT, Sep 18, 2014):

Russian babushka Agafia, whose family fled civilization nearly a century ago, was born in the wilderness of the deep Siberian taiga. RT visited Agafia, who is the only living person of a family of the ‘Old Believers’ denomination of the Orthodox church.

In the mid-17th century, the leader of Russia’s Orthodox church, Patriarch Nikon, introduced radical reforms in Russia. Many couldn’t accept the changes and became known as ‘Old Believers.’

To avoid religious persecution first from the Orthodox Church and then from the Soviets, many families fled to some of the most remote corners of the country. Continue reading »

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Sep 19

- Household Net Worth Hits Record $81.5 Trillion In Q2 Driven By Stock Market Surge (ZeroHedge, Sep 18, 2014):

When earlier today, the Fed released its latest Z.1 (Flow of Funds report) for the second quarter, there were few surprises: thanks to the relentless liquidity injections by global central banks (charter here) resulting in record stock market levels, total household net worth rose once more, increasing by $1.4 billion in the quarter (up from a downward revised $1.2 billion in the previous quarter) to a record $81.5 billion. This was the result of a $95.4 trillion in total assets, offset by $13.9 trillion in liabilities, mostly mortgage debt of $9.4 trillion, as well as some $3.2 trillion in consumer credit.

Which means that yet another quarter has passed in which the bulk of “wealth creation” has benefited only the richest component of US society, something that even French economists have finally noticed. As for the non-rich… well, recall: “America’s Poor Have Never Been Deeper In Debt.”

How much longer can the stealthy wealth transfer of the Fed and its central bank peers, in which only the super rich benefit, continue? The answer is unknown, but if nobody has noticed yet, after some $26 trillion in net worth increases benefiting only the wealthiest Americans, then we doubt anyone will ever notice.

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Sep 19


11.09.2014

Description:
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Sep 19

- South African Rand Tumbles To 7-Month Lows As Central Bank Governor Steps Down (ZeroHedge, Sep 18, 2014):

In a surprise for the market, South Africa’s Reserve Bank chief Gill Marcus has announced she will not be available for another term when her contract is up in November. On the heels of an expected decision to leave rates unchanged, this has sent the Rand tumbling to its lowest since February. While Marcus exporessed every confidence in her successor, it appears the market is less confident (for now). Forget the economy, sell ZAR because the true leader of the nation’s wealth is to step down…

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Sep 19

- This Seems To Be Going Well… (Sovereign man, Sep 16, 2014):

Gallup released a new poll late last week showing how many (or few, as it were) Americans are ‘satisfied’ with the direction of the country. 23%. That’s it. 76% are NOT satisfied. Only 1% aren’t sure.

The chart below shows the astounding, long-term decline since 2000.

gallup-us

Note, this is a trend that has outlasted three Presidents and six Congresses. It’s not about a single politician, or even ALL the politicians. It’s about the system itself.

Bottom line, people are fed up. The system has failed. And people are starting to realize it. Where do you think this goes?

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Sep 19

SST_14_vs_CKJORC_15

- Gov’t Scientists: “Something very unusual occurring” off west coast of US, Canada — “Unprecedented in historical record” — “Will dramatically reduce productivity” in 6,500 sq. miles of ocean — Anomaly extends “across Pacific to Japan” — “Who knows what will happen?” (MAP) (ENENews, Sep 17, 2014):

Fishletter Issue 335, July 24, 2014 (emphasis added): There is a massive pool of warm water in the Gulf of Alaska, NOAA scientist Nate Mantua said in an email. It is unprecedented in the historical record, he added… the past year is way out of the historical range — “so who knows what will happen?

NOAA Fisheries, Sept. 2014: Scientists across NOAA Fisheries are watching a persistent expanse of exceptionally warm water spanning the Gulf of Alaska that could send reverberations through the marine food web. The warm expanse appeared about a year ago and the longer it lingers, the greater potential it has to affect ocean life… “Right now it’s super warm all the way across the Pacific to Japan,” said Bill Peterson, an oceanographer with NOAA… “it’s a very interesting time because when you see something like this that’s totally new you have opportunities to learn things you were never expecting.” Not since records began has the region of the North Pacific Ocean been so warm for so long… The situation does not match recognized patterns in ocean conditions such as El Niño Southern Oscillation or Pacific Decadal Oscillation… “It’s a strange and mixed bag out there,” Mantua said… warm temperatures are higher and cover more of the northern Pacific than the PDO typically affects… cold near-shore conditions in the Pacific Northwest also don’t match the typical PDO pattern. Continue reading »

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Sep 18

- Scotland Votes As Andy Murray Provides Last Minute Boost For “Yes” Camp; Wall Street Roundup (ZeroHedge, Sep 18, 2014):

The long awaited moment finally arrived after Scots began voting at 7am BST on whether to break away from the U.K. and end the 307-year union, even as latest opinion polls show the campaign against independence maintaining a narrow lead over those favoring independence.  And while the No’s are said to have a slim lead into the vote, even if it is really the Undecideds whose vote will determine the final outcome, somewhat surprisingly, the Yes camp got an unexpected boost just hours before the polls opened when 27 year old tennis star, and Scot, Andy Murray declared his support for Scottish independence in an 11th hour intervention on Thursday morning, after years of keeping silent on the issue.


What Happens When Scottish Voters Give It Their 110%, According To CNN
Scotland CNN

What is most disturbing is that this photo is just as likely to be real as fake.

(Source)

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Sep 18

- The REAL Reason Britain is Freaking Out About Scottish Independence (Washington’s Blog, Sep 17, 2014):

David Cameron and the British media have been freaking out about the potential Scottish independence.

They’ve blathered on about “history”, “common defense” and other red herrings.

But it’s really all about oil …

Specifically, if Scotland becomes independent, it gets to keep 90% of the revenues from its huge oil reserves.

The New York Times reports: Continue reading »

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Sep 18

- The Trolling Continues: Fed Chairwoman Expresses Her Condolences To America’s Poor (ZeroHedge, Sep 18, 2014):

As we discussed earlier in the week, Janet Yellen has released a speech this morning explaining how sorry she is about ‘the poor’ and why they need to get rich. In the speech below, she stresses, “how important it is to promote asset-building, including saving for a rainy day, as protection from the ups and downs of the economy,” despite falling incomes, rising costs, and extending credit, we assume she means. The Fed Chairman has some words of encouragement for the tens of millions of Americans who live at or below the poverty level, including that threatened with extinction class, affectionately known as “the middle.” Her message? It is important to build assets, or said otherwise…  get rich and she promises to “continue to promote asset-building.”

  • *YELLEN SAYS FIGURES ON POOR AMERICANS’ ASSETS IS `SOBERING’ (indeed! but not the rich eh?)
  • *YELLEN SAYS HOUSING CRISIS LEGACY STILL HURTING POOR AMERICANS (need another bubble)
  • *YELLEN: HOUSING IMPROVING, WILL STAY KEY FOR FAMILY ASSETS (as homeownership tumbles)
  • *YELLEN SAYS AMERICANS NEED MORE DIVERSIFICATION OF ASSETS (buy stocks too)
  • *YELLEN SAYS FED WILL `CONTINUE TO PROMOTE ASSET-BUILDING’ (count on the Fed to lift prices)
  • *YELLEN: CRISIS SHOWED VULNERABILITY OF LOW-ASSET HOUSEHOLDS (poor people should save more!)

Remember, one of our favorite charts, showing that while the rich hold assets, the poor are merely drowning in ever more debt: Continue reading »

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Sep 18

- Gold Tumbles To 2014 Lows As China Unveils Anti-Rigging Benchmark (ZeroHedge, Sep 18, 2014):

With a Fed hinting at exit strategies, gold has tumbled to 2014 lows (and almost in the red year-to-date) as traders apparently forget Japan, China, and European central banks continue to (or are set to) print more money into the global reflation trade. It appears that as the West continues to sell ‘paper’ gold, the East remains enamnored as the PBOC announced this morning:

  • *CHINA TO FORM SHANGHAI GOLD BENCHMARK, PBOC GOVERNOR SAYS
  • *PBOC CHIEF ZHOU: GOLD MARKET IMPORTANT PART OF FINANCIAL MARKET
  • *SHANGHAI GOLD MARKET HAS TO AVOID SYSTEMIC RISK: PBOC’S ZHOU

Furthermore, traders have noted physical buying interest continues in the Asian region as premiums rise in China and India.

As Bloomberg reports, PBOC’s Zhou says Chinese gold market is crucial: Continue reading »

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Sep 18

- It’s Not Just The Police – The Feds Are Also Militarizing Public Schools With Grenade Launchers, M16s & Tanks (Liberty Blitzkrieg, Sep 17, 2014):

Events last month in Ferguson, Missouri (read my detailed thoughts here) forced Americans to confront the frightening reality that many of of the nation’s police departments have been quietly, but consistently, militarizing over the past couple of decades. It’s one thing to intellectually understand that this has happened, it’s quite another to see cops deploy tanks and point sniper rifles at peacefully protesting U.S. citizens.

Just as disturbing as the scenes themselves, is the fact that this has been happening for so long under the 1033 transfer program with only muted criticism. The program was originated in the late 1990′s under the National Defense Authorization Act of 1997 (recall that the NDAA is also being used to allow for the indefinite detention of American citizens without trial), and it allows for the transfer of excess Department of Defense equipment to domestic police. In other words, it has been public policy for almost two decades to militarize the police.

With the issue squarely still in the public consciousness, it would behoove us to understand that this program is not only arming police with weapons of war. In fact, public schools are also receiving such items, including grenade launchers, M16s and MRAPs.

The Wall Street Journal reports that: Continue reading »

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Sep 18

- Scottish Independence: Politicians Love Democracy So Much They’re Trying To Subvert It (Sovereign Man, Sep 16, 2014):

The polls in Scotland will close this week on one of the more important elections in recent history… perhaps one of the only elections that actually matters.

Rather than a typical vote to see who the captain of the Titanic will be, Scots are deciding whether they want to be free and independent from the UK. Continue reading »

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Sep 18

Eritrea-US-IRS

- An Appalling Practice Used In Only Two Nations, Of Which The US Is One (Doug Casey’s International Man):

It’s sort of an obscure story, but it’s also incredibly instructive.

That’s the story of how Eritrea—a tiny, mostly unheard-of country in East Africa—taxes its citizens who live abroad.

Eritrea is one of only two countries in the entire world that taxes its nonresident citizens on their global income. Specifically, Eritrea levies a flat 2% tax on the income of its citizens who reside abroad.

Nearly every other country in the world bases its tax system on residency rather than citizenship. Continue reading »

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Sep 18

- Russia To Deploy “Full-Scale Military Unit” In Crimea (ZeroHedge, Sep 17, 2014):

Just a day after NATO began military exercises (with troops from the US) near the city of Lviv in Western Ukraine, WSJ reports Russia’s Defense Minister Sergei Shoigu is responding to the “rising foreign military presence,” near Russia. In a not-so-de-escalatory move, Shoigu explained that NATO’s comments were “light-minded” and his ministry’s key task now is to “deploy a full-scale and self-sufficient force grouping” in the Crimea region.

First this…

Russian Defense Ministry official calls light-minded NATO general’s statements about Russian military presence in Ukraine

Then, as The Wall Street Journal reports, Continue reading »

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Sep 18

muppets-kermit-dead

- Goldman’s Former Head Of Housing Research Predicts Housing Crash, Recession Within Three Years (ZeroHedge, Sep 17, 2014):

When a former Goldman executive and the prior head of its housing research team comes out with a shocking analysis so contrary to what the same individual would do in his “former life” when he would be extolling the “inevitable” rise of home prices from here to eternity and beyond, and also throw in an open letter to none other than president Obama, predicting at least a 15% crash in home prices in the next three years, a move which would without debt catalyze the next US recession, it is time to pay attention. Meet Joshua Pollard, who in February 2009 took over coverage of US Housing at Goldman Sachs.  His point, in short: “House prices are 12% overvalued today. They have already started to decline. Today’s misvaluation matches the excess of 2006-07, just before the Great Recession… 5 of the last 7 US recessions were led by a weakening housing market… I am lamentably confident that home prices will fall by 15% within three years.” Or, as some may call it, crash.

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