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

- 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

US State Department spokesperson Jen Psaki

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

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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 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

- 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

Related info:

- ‘Moderate’ Syrian Rebels Sign Non-Aggression Pact With ISIS; Iraq Defies US


House Votes To Fund Arms To Moderate (For Now) Syrian Rebels (And Ex-Im Bank) – Live Feed (ZeroHedge, Sep 17, 2014):

*HOUSE HAS VOTES FOR U.S. AID TO SYRIAN REBELS; VOTE CONTINUING

Those sneaky politicians… The House has just begun voting on whether to amend the US Spending Bill to enable funding for Obama’s grand strategy of training “moderate Syrian rebels.

  • *SYRIAN REBEL AID IS PROPOSED AS AMENDMENT TO U.S. SPENDING BILL
  • *HOUSE BEGINS VOTE ON U.S. AID TO SYRIAN REBELS SOUGHT BY OBAMA

However, what few have also noticed is that the bill also includes an extension for funding the Export-Import bank.

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Sep 18

- Abenomics Crushes Sony: Electronics Giant Forced To Cancel Dividend For First Time Ever (ZeroHedge, Sep 17, 2014):

It was over a year ago, when contrary to the propganda spewed on a daily basis by the Japanese government hell bent on destroying the domestic economy, now suffering its Keynesian death rattle, just to push stocks to highs which nobody except for a few thousand people will be able to monetize on, that the CEO of Sony explicitly warned that “the preconception is that a weaker Yen is good overall. Unfortunately for us, versus the USD, it goes the other way… we are actually at a disadvantage.” He wasn’t kidding and just under a year later, back in May, Sony shocked everyone when the electonics giant not only posted a massive net loss of $1.3 billion, far worse than previously expected, but also slashed its profit outlook by 70%.

Fast forward to today, when minutes ago the Yen hit another multi-year low against the dollar, which sure enough, is great for the nominal value of Japanese stocks, if horrible for the actual Japanese companies, the Japanese middle class, and pretty much everyone except for a few superrich people. Such as Sony. Because the (now former) electronic giant, which once upon a time was the target of an activist campaign by none other than Dan Loeb who mysteriouly saw value in the company, once again stunned everyone when it reported overnight that it expects its annual loss to swell to $2 billion, but, far worse, canceled the payment of its dividend for the first time ever after writing down the value of its troubled smartphone business.

 Needless to say, Sony’s stock which doubled in 2013 for the completely wrong reasons, is now crashing. Continue reading »

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Sep 18

- ISIS Releases New Video, Warns “Fighting Has Just Begun” (ZeroHedge, Sep 17, 2014):

The Islamic State/ISIS/ISIL has released its initial ‘rebuff’ propaganda response to President Obama’s declaration of war against the ‘non-islamic’ terrorist organization. The brief video entitled “Flames of War” is shot like a blockbuster-movie-style trailer and threatens US troops and the White House. As Politico reports, the militant terror group vows that the “fighting has just begun” in the minute-long video, which features clips of American military forces under fire and a wounded U.S. soldier being taken from the battlefield. The video concludes as the words “Flames of War” flash on the screen, followed by “Fighting has just begun” and ends ominously: “Coming Soon.” Even more concerning perhaps is al-Qaeda branches calling for all jihadists to unite against the common threat from a US-led coalition.

Brief Michael-Bay-esque video below (warning: disturbing and graphic images)

Continue reading »

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Sep 18

- Which Global Hegemon Is on Shifting Sands? (Of Two Minds, Sep 17, 2014):

Given that all the leading candidates for Global Hegemon are hastening down paths of self-destruction, perhaps there will be no global hegemon dominating the 21st century.

Which nation with aspirations of global dominance (i.e. hegemony) has these attributes?

1. The nation’s recent prosperity is based on a vast expansion of credit.

2. The nation has 100+ million obese/diabetic citizens. Continue reading »

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Sep 18

H/t reader squodgy.


Terrorism

- TUT Broadcast Sept 17, 2014 (The Ugly Truth):

Pt. I–Back door war with Syria using ISIS/ISIL as the pretext, the real goal being the dismemberment of the building anti-Zionist coalition building between countries such as Syria, Iran, Russia and Latin America

Pt. II–reading of the recent essay Zionist Terrorism, from the book of Genesis to modern day Gaza and beyond–None dare call it Judaism.

Listen Here

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Sep 18

H/t reader squodgy:

“We’re in desperate straits now. The lies, bullshit explanations & justifications are flying out like firecrackers.
This one muddies it all even more…….”

With ISIS leader Al-Baghdadi being on the payroll of our CIA and the Mossad this seems to make perfect sense.


- Aljazeera discloses secret meeting between Syrian rebels and Israel (Moslem Press, Sep 15, 2014):

Al-Jazeera news channel disclosed a secret meeting between Syrian opposition and Israeli intelligence officers in Istanbul.

A senior Hamas leader provided Al-Jazeera news channel with compelling evidences, revealing details about a clandestine meeting gathered between Syrian Islamist warlords and Israeli special envoy, joseph Yossi in Turkish glamorous city of Istanbul. Syrian famous opposition figures such as Kamal al-Labwani and Ahmad Tumeh also attended the meeting. Continue reading »

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Sep 17

Symphony of Lies
Ukraine-Symhony-Of-Lies

Under Cover of Ceasefire, NATO-Armed Kiev Poised to Attack (Ron Paul Institute, Sep 16, 2014):

Just over ten days ago, as the pro-independence forces in east Ukraine were on the march with significant gains on the battlefield, a ceasefire was signed in Minsk, Belarus. According to the terms of the ceasefire, the pro-independence fighters were to lay down their arms, cease their offensive to regain lost territory in the Donetsk and Lugansk region, and disband. Continue reading »

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Sep 17

++ Iraq: al Baghdadi appare in immagini in moschea Mossul ++
A welcome distraction: the Islamist dude with the $6.500 James Bond watch.

(The Mossad and our CIA are obviously paying well. More info down below.)

- NSA Warns “Bad Guys Are Everywhere” As Spooks Run Afoul Of German Laws Again (ZeroHedge, Sep 16, 2014):

Successfully Distracted …

We can probably “thank” ISIS for having distracted everyone from the ongoing spy scandal. A new barbaric and powerful terrorist group the danger of which is blown out of all proportion by politicians and the media is no doubt a Godsend for the national security apparatus and the military-industrial complex. In fact, this reminds us that ISIS looks suspiciously like an artificial creation anyway, one that has at some point undoubtedly received assistance from one or more states.

In a previous missive (see “Equal Opportunity Spy-Fest” for details), we discussed an article in German news magazine Der Spiegel (which has by the way done some excellent sleuthing beyond merely reporting on the content of the Snowden files). The article at Der Spiegel inter alia mentioned occasions when representatives of the “national security” apparatus or government spokesmen speaking on its behalf were caught in blatant lies and noted in its conclusion: Continue reading »

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Sep 17

Related info:

- Goldman’s Take On China’s “Stealth QE”:

“Domestic media (Sina) reported that the PBOC conducted RMB 500bn of Standing Lending Facility operations with the big 5 commercial banks (ICBC, BOC, BoCOM, CCB, ABC). The reports note that the duration is 3 months and the RMB 500 bn is evenly split among the banks. This amount is roughly the same as a 50 bps cut to RRR for the whole banking system on a static basis. There is no official confirmation from the PBOC yet. Still, such an easing would be consistent with our expectation that (1) monetary policy will loosened amid the drastic slowdown in activity growth and falling inflation, and (2) full scale RRR and interest rate cuts are unlikely because they would be viewed as aggressive stimulus.”

- What Happened After China’s Last “Stealth QE”?:

In a worrying sense of deja-vu all over again, today’s rip higher reflects perfectly the US equity market’s knee-jerk reaction to the last ‘Stealth QE’ from China on July 28th. That did not end well as hot money flowed out to the instantaneously “easiest” central bank in the world…

Markets React Violently To China’s Stealth QE:

From copper to high-yield credit and from stocks to bonds and gold, markets are reacting violently to the headlines from China that they are unleashing another 500bn Yuan “stealth QE”everything is rallying.. except the USD (biggest drop since May).


China Launches CNY500 Billion In “Stealth QE” (ZeroHedge, Sep 16, 2014):

It has been a while since the PBOC engaged in some “targeted” QE. So clearly following the biggest drop in the Shanghai Composite in 6 months after some abysmal Chinese economic and flow data in the past several days, it’s time for some more. From Bloomberg:

  • CHINA’S PBOC STARTS 500B YUAN SLF TODAY, SINA.COM SAYS
  • PBOC PROVIDES 500B YUAN LIQUIDITY TO CHINA’S TOP 5 BANKS: SINA
  • PBOC PROVIDES 100B YUAN TO EACH BANK TODAY, TOMORROW WITH DURATION OF 3 MONTHS: SINA

Just as expected, the Chinese “derivative” currency, the AUD, goes vertical on the news, and the S&P 500 goes vertical alongside: Continue reading »

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Sep 17

- Obama To Send 3,000 Ebola-Fighting Boots-On-The-Ground To Africa; CDC Warns America “Now Is The Time To Prepare” (ZeroHedge, Sep 16, 2014):

On the heels of yesterday’s almost unbelievable forecasts of the exponential rise in Ebola case counts – and warnings of a 20% chance of Ebola reaching the USA by year-end, WHO officials have confirmed that their previous forecasts of 20,000 cases “does not seem like a lot today.” This has, according to Reuters, the United States announced on Tuesday that it would send 3,000 troops to help tackle the Ebola outbreak as part of a ramped-up response including a major deployment in Liberia, the country where the epidemic is spiralling fastest out of control. Perhaps even more worrisome – for those who explained how ‘contained’ Ebola was – is the CDC’s release of an Ebola checklist warning American healthcare workers “now is the time to prepare.”

WHO warns the scale of the epidemic is unprecedented… Continue reading »

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Sep 17

boots

- Preparing For All Out Iraq War: Joint Chiefs Of Staff Back US Troops In Combat “If Necessary” (ZeroHedge, Sep 16, 2014):

Who could have seen this coming? In yet another example of untruthiness, it appears, according to Joint Chiefs of Staff Chairman Martin Dempsey, testifying before the Senate Armed Services Committee this morning, President Obama would back U.S. advisers accompanying Iraqi troops in battle to combat Islamic State militants if necessary. For now, Dempsey noted, Iraqi security forces are “doing fine,” but as Republican, Sen. Jim Inhofe noted, “it is foolhardy for the Obama administration to tie its hands and so firmly rule out the possibility of special operators on the ground.” Following Hagel’s remarks that the fight will “not be an easy or a brief effort,” Dempsey said if it doesn’t succeed, he would not rule out advising Obama to use U.S. ground forces.

As Politico reports, Continue reading »

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Sep 17

- Meanwhile In Ukraine, The Parliament Is Being Stormed, Again – Live Webcast (ZeroHedge, Sep 16, 2014):

Yesterday, in the aftermath of the popular anger aimed at Ukraine’s president Porohsneko following his “Bohnering” on Ukraine’s demands for a free trade agreement with Europe, we said the new president’s days are likely numbered. Less than 24 hours later, this has started to play out, and as the live feeds below show, the Kiev parliament is being stormed by what appears to be discontent from the right wing “Right Sector” political group, despite today’s ratification of the meaningless EU pact, whose purpose was to offset popular anger at the delay of the trade agreeement. Moments ago from Bloomberg:

  • UKRAINE PROTESTERS ATTEMPT TO ENTER PARLIAMENT BUILDING: UNIAN

Below is a live feed of what may soon be the second political coup in Ukraine in under 1 year. Continue reading »

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Sep 17

- Ukraine Currency Crashes To Record Low As IMF Blasts “Gross Abuses”(ZeroHedge, Sep 16, 2014):

Despite celebrations of de-escalations and truce in US equity markets (by asset-gathering commission-takers), the situation continues to go from bad to worse in the nation almost forgotten now that ISIS is stealing American headlines. The Hryvnia plunged 7.5% this morning – its biggest single-day drop on record – following the release of a scathing IMF letter and devaluation warnings from BofA. The IMF blasted Ukraine’s “premature emission of extra money,” and demanded it “immediately halt these gross abuses,” as BofA warns of risk of “10-20% devaluation” in the next year is high given reserves are at a “critical level.”

UAH plunges 7.5% to record lows this morning…

20140916_UAH

As far as the truce is concerned, we leave it to Bloomberg’s Richard Breslow to explain the idiocy… Continue reading »

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