Actually, according to the first detailed estimate of international purchase activity in London by Knight Frank, the percentage of all central London homes that sold for more than 1 million pounds to foreigners in the 12 months through June 2013, was 49% to be exact. And as we showed yesterday when we put China’s loan creation in the context of US and Japanese QE, keeping in mind the use of proceeds of all this newly created inside money has to ultimately go somewhere – that somewhere in this case being London and other global luxury real estate, said percentage is only going to get higher. Especially when one adds Russian, the middle east and other various regions whose oligarchs are desperate to park their money in “safe” havens.
MIT Center for International Studies — Ken Buesseler, Woods Hole Oceanographic Institution, Oct 24, 2013 (at 31:30 in): This is a timeline from early on to about 1 year later. This is what we published using Tepco’s data to point out, a couple of features here, you see it going up — this is 50 million Bq/m³. I studied Chernobyl, we’d never seen things above 1,000 Bq/m³ in the ocean. This is why we called it an unprecedented accident. When the health physics people started looking at this they said yeah this of concern. When you’re up here, you might have mortality effects directly on organisms living in the ocean.
Scholars at Harvard, Interview with Hisashi Shoji of Fukushima Prefecture, K. Lee Lerner, Apr. 7, 2013: Hisashi Shoji drives a taxi in areas just outside the Fukushima exclusion zone. [...] Shoji isn’t allowed to live in his home located about 40km from the power plant [...] Shoji says he stopped believing media reports long ago, and that he distrusts local media as much as the national press. “They are all pretty much the same. It’s hard to trust anything in the media [...] They don’t report the truth.”
Maxim Shingarkin, Deputy Chairman of Russia’s State Duma Committee for Natural Resources, Dec. 26, 2013:“Currents in the World Ocean are so structured that the areas of seafood capture near the US north-west coast are more likely to contain radioactive nuclides than even the Sea of Okhotsk which is much closer to Japan. These products are the main danger for mankind because they can find their way to people’s tables on a massive scale. [...] Air emissions were not projected either on the Sea of Okhotsk, or Sakhalin, or the Far East, or the Kuril Islands. So airlifting cargoes does not seem dangerous so far. I mean so far because not all the nuclear fuel has been taken out of the power generation units. This means that radioactive emissions into the atmosphere are possible as a result of heating.”
A U.S. appeals court on Thursday revived claims by families of victims of the September 11, 2001, attacks who alleged that Saudi Arabia provided material support to al Qaeda.
Reversing a lower court ruling, the 2nd U.S. Circuit Court of Appeals in New York said “the interests of justice” justified reviving the claims, in light of a 2011 decision that allowed similar claims to proceed against Afghanistan.
Gordon Duff is a Marine Vietnam veteran, a combat infantryman, and Senior Editor at Veterans Today. His career has included extensive experience in international banking along with such diverse areas as consulting on counter insurgency, defense technologies or acting as diplomatic representative for UN humanitarian and economic development efforts. Gordon Duff has traveled to over 80 nations. His articles are published around the world and translated into a number of languages. He is regularly on TV and radio, a popular and sometimes controversial guest.
The recent Robert Levinson scandal, evidencing “rogue” CIA operations, is being quickly shoved under the rug.
Considering the fact that the CIA is an organization that openly runs “secret” prisons, assassination teams and a fleet of terror drones, that when they aren’t blowing up wedding parties in Yemen, they are running drugs out of Afghanistan, what can a “rogue” operation mean?
Is there actually something worse than the pattern of unilateral lawlessness that the CIA and other US agencies admit to on a daily basis? Continue reading »
“Russia will deploy Iskander missile systems in its enclave in Kaliningrad to neutralize, if necessary, the anti-ballistic missile system in Europe. – Dmitry Medvedev, former Russian president, November 2008 in his first presidential address to the Russian people
2013 was a year when Europe tried to reallign its primary source of natgas energy, from Gazpromia to Qatar, and failed. More importantly, it was a year in which Russia’s Vladimir Putin undisputedly won every foreign relations conflict that involved Russian national interests, to the sheer humiliation of both John Kerry and Francois Hollande. However, it seems the former KGB spy had a Plan B in case things escalated out of control, one that fits with what we wrote a few days ago when we reported that “Russia casually announces it will use nukes if attacked.” Namely, as Bloomberg reports citing Bild, Russia quietly stationed a double-digit number of SS-26 Stone, aka Iskander, tactical, nuclear-capable short-range missiles near the Polish border in a dramatic escalation to merely verbal threats issued as recently as a year ago.
The range of the Iskander rockets:
Russia has stationed missiles with a range of about 500 kilometers in its Kaliningrad enclave and along its border with the Baltic states of Estonia, Latvia and Lithuania, Germany’s Bild-Zeitung reports, citing defense officials it didn’t identify.
Satellite images show a “double-digit” amount of mobile units identified as SS-26 Stone in NATO code
Missiles were stationed within the past 12 months
SS-26 can carry conventional as well as nuclear warheads
In other words, Russia quietly has come through on its threat issued in April 2012, when it warned it would deploy Iskander missiles that could target US missile defense systems in Poland. From RIA at the time: Continue reading »
There are some in Congress who may be fooled by a few YouTube videos, but the international community, especially the part of it that may soon be on the receiving end of a few hundred of Raytheon’s finest, is proving far less gullible.
A protester holds a burning poster against a possible US military strike on Syria, near the US embassy in Lebanon, AFP.
I KEEP six honest serving-men (They taught me all I knew); Their names are What and Why and When And How and Where and Who. I send them over land and sea, I send them east and west; But after they have worked for me, I give them all a rest.
I let them rest from nine till five,
For I am busy then,
As well as breakfast, lunch, and tea,
For they are hungry men.
But different folk have different views;
I know a person small—
She keeps ten million serving-men,
Who get no rest at all!
She sends’em abroad on her own affairs,
From the second she opens her eyes—
One million Hows, two million Wheres,
And seven million Whys!
- Rudyard Kipling, The Elephant’s Child (1902) British (Indian-born) author (1865 – 1936)
We’ve talked about procedures within the Defense Department to block computers from accessing the website for The Guardian newspaper — along with similarly short-sighted moves to apply a sledgehammer approach to pretending that public information isn’t really public. I’ve heard from a few people within the Defense Department who defend this approach on basic procedural grounds of trying to “make sure” that classified info remains classified, but the real problem is considering any publicly revealed documents as still classified. As I’ve said each time this debate comes up, in the business world, the equivalent situation involving trade secrets or non-disclosure agreements almost always are recognized as null and void if the info becomes public through other means.
However, that’s not the way the government works. The latest is that Homeland Security sent around a memo warning employees that merely opening up a Washington Post article about some of the leaks might violate their non-disclosure agreement to “protect National Security Information,” and it even says that merely clicking on the story might make the reader “subject to any administrative or legal action from the Government.” Got that? Working for the government and merely reading the news about things the government is doing might subject you to legal action.
At least someone in Congress realizes the insanity of all of this. Rep. Alan Grayson, who displayed the very same NSA slides that DHS is warning its employees about in Congress itself, has offered up an amendment to the Defense Appropriations Bill, stating that nothing in the defense appropriations should be used to block employees from reading the news on their own time.
None of the funds made available by this Act may be used to restrict the access of members of the Armed Forces to publically available online news media during morale, welfare, and recreation periods.
This video was recorded right before the recent protests started, but with all of this going on, it becomes even more evident that the World Cup and the Olympics should not be our priority. The world has to know about what’s really going on. Continue reading »
Over the past month the west had its “horsemeat” scare, where horse DNA traces have been found in pretty much everything. It is now China’s turn to reciprocate, with 1,200 pigs found in Shanghai’s Huangpu River. Why someone would dump thousands of dead pigs in the river? Who knows – we are confident that it is bullish, however, and it is time fro GETCO or K-Hen to do something about this strange reddish color in the futures. It is not helping with confidence in central planning…
How do you discover your real purpose in life? I’m not talking about your job, your daily responsibilities, or even your long-term goals. I mean the real reason why you’re here at all — the very reason you exist.
Perhaps you’re a rather nihilistic person who doesn’t believe you have a purpose and that life has no meaning. Doesn’t matter. Not believing that you have a purpose won’t prevent you from discovering it, just as a lack of belief in gravity won’t prevent you from tripping. All that a lack of belief will do is make it take longer, so if you’re one of those people, just change the number 20 in the title of this blog entry to 40 (or 60 if you’re really stubborn). Most likely though if you don’t believe you have a purpose, then you probably won’t believe what I’m saying anyway, but even so, what’s the risk of investing an hour just in case?
Dating drug dealers, harassing ex-boyfriends with naked pictures, and pointing guns at pet dogs: these were just a few of the offences committed recently by serving FBI agents, according to internal documents.
Disciplinary files from the Bureau’s Office of Professional Responsibility record an extraordinary range of transgressions that reveal the chaotic personal lives of some of America’s top law enforcers.
One male agent was sacked after police were called to his mistress’s house following reports of domestic incident. When officers arrived they found the agent “drunk and uncooperative” and eventually had to physically subdue him and wrestle away his loaded gun.
A woman e-mailed a “nude photograph of herself to her ex-boyfriend’s wife” and then continued to harass the couple despite two warnings from senior officials. The Bureau concluded she was suffering from depression related to the break-up and allowed her to return to work after 10 days.
It is common knowledge by now that the US has a student loan problem. Specifically, a subprime-sized, student loan default problem, which as was reported last year, has now surpassed a 23% default rate at “for profit” institutions. Yet as all statistical measures, this one too deals in means and medians: very boring, impersonal metrics. Where the truly stunning data emerge is when one performs a granular college by college analysis of the US higher learning system, which is precisely what the WSJ has done, breaking down some 3500 colleges and universities by annual cost, graduation rate, median amount borrowed and most importantly, student-loan default rate. In this context we feel quite bad for the students who graduate from ICPR Junior College of Puerto Rico (or rather the 52% of them who graduate), with a modest $2,250 in student loans to cover the otherwise manageable tuition of $7,158, as a mindboggling 62% of them end up defaulting on their loans!