- Broke? You May Now Be Entitled To a Free Home (ZeroHedge, March 30, 2015):
It’s been seven years since the epic collapse of the US housing market, and there’s never been a better time to buy your first home. In Denmark for instance, the bank will tax depositors in order to pay you to take out a home loan. But before you move to a European country operating in NIRP-dom, consider Florida and New Jersey first because as Susan Rudolfi recently discovered, you can actually get a house for free by simply not making your mortgage payments.
Here’s more via NY Times:
She is like a ghost of the housing market’s painful past, one of thousands of Americans who have skipped years of mortgage payments and are still living in their homes.
Now a legal quirk could bring a surreal ending to her foreclosure case and many others around the country: They may get to keep their homes without ever having to pay another dime. Continue reading »
H/t reader squodgy:
“It amazes me how lying scum Governments still get dumb/innocent volunteer recruits to be sacrificed…..
Most, will be dead, but at least we now know they were killed by their own loving Government & Monarch/President, whom they swore to serve & protect. Lambs to the slaughter, or cannon fodder….you choose.”
- U.S. Nerve Gas Hit Our Own Troops in Iraq (Newsweek, March 27, 2015):
During and immediately after the first Gulf War, more than 200,000 of 700,000 U.S. troops sent to Iraq and Kuwait in January 1991 were exposed to nerve gas and other chemical agents. Though aware of this, the Department of Defense and CIA launched a campaign of lies and concocted a cover-up that continues today.
A quarter of a century later, the troops nearest the explosions are dying of brain cancer at two to three times the rate of those who were farther away. Others have lung cancer or debilitating chronic diseases, and pain.
More complications lie ahead. Continue reading »
Full article here:
- The Toxins That Threaten Our Brains (The Atlantic, March 18, 2015):
Leading scientists recently identified a dozen chemicals as being responsible for widespread behavioral and cognitive problems. But the scope of the chemical dangers in our environment is likely even greater. Why children and the poor are most susceptible to neurotoxic exposure that may be costing the U.S. billions of dollars and immeasurable peace of mind.
Forty-one million IQ points. That’s what Dr. David Bellinger determined Americans have collectively forfeited as a result of exposure to lead, mercury, and organophosphate pesticides. In a 2012 paper published by the National Institutes of Health, Bellinger, a professor of neurology at Harvard Medical School, compared intelligence quotients among children whose mothers had been exposed to these neurotoxins while pregnant to those who had not. Bellinger calculates a total loss of 16.9 million IQ points due to exposure to organophosphates, the most common pesticides used in agriculture. Continue reading »
From the article:
“When I was chairman, more than one legislator accused me and my colleagues on the Fed’s policy-setting Federal Open Market Committee of “throwing seniors under the bus” (to use the words of one senator) by keeping interest rates low. The legislators were concerned about retirees living off their savings and able to obtain only very low rates of return on those savings.”
And the punchline:
“I was concerned about those seniors as well.”
Yes, deeply concerned on how to wipe them (the middle class and the poor) out best.
- Ben Bernanke Pens First Blog Post, Defends Fed, Says He “Was Concerned About Seniors” (ZeroHedge, March 30, 2015):
It would appear the $250,000/hour speaking opportunities for Ben Bernanke have ground to a halt, and as such, the former Chairsatan has decided to dispense his wisdom for free to anyone who cares, by becoming a blogger at Brookings. And, not surprisingly, in his first post, the person who less than a decade ago said the following, in exactly those words…
Well, I guess I don’t buy your premise. It’s a pretty unlikely possibility. We’ve never had a decline in house prices on a nationwide basis. So, what I think what is more likely is that house prices will slow, maybe stabilize, might slow consumption spending a bit. I don’t think it’s gonna drive the economy too far from its full employment path, though. Continue reading »
- Facebook Reveals its Master Plan – Control All News Flow (Liberty Blitzkrieg, March 24, 2015):
In recent months, Facebook has been quietly holding talks with at least half a dozen media companies about hosting their content inside Facebook rather than making users tap a link to go to an external site.
The new proposal by Facebook carries another risk for publishers: the loss of valuable consumer data. When readers click on an article, an array of tracking tools allow the host site to collect valuable information on who they are, how often they visit and what else they have done on the web.
And if Facebook pushes beyond the experimental stage and makes content hosted on the site commonplace, those who do not participate in the program could lose substantial traffic — a factor that has played into the thinking of some publishers. Their articles might load more slowly than their competitors’, and over time readers might avoid those sites.
- From the New York Times article: Facebook May Host News Sites’ Content
Last night, I came across an incredibly important article from the New York Times, which described Facebook’s plan to provide direct access to other websites’ content in exchange for some sort of advertising partnership. The implications of this are so huge that at this point I have far more questions than answers.
- An Interview with Felix Zulauf – Financial Markets Are More Distorted than Ever (Acting Man, March 26, 2015):
Risks and Opportunities
Investors started off 2015 with a slow global economy, low oil prices, a strong Dollar, and a deflationary Europe with great uncertainties on the progress of the US economy and the recent launch of Europe’s quantitative easing. The question is, what opportunities lie ahead? This article highlights the main topics covered in an interview between Mr. Frank Suess, CEO and Chairman of BFI Capital Group, with the globally renowned Swiss fund manager, Mr. Felix Zulauf. Mr. Zulauf currently heads Zulauf Asset Management, a Switzerland-based hedge fund and has forty years of experience with global financial markets and asset management. He has been a member of the Barron’s Roundtable for over twenty years.
Felix Zulauf, Swiss fund manager and long-standing member of the Barron’s roundtable
Frank Suess: Felix, first I would like to thank you for taking the time to speak to us. You are a renowned investor and fund manager with a solid track record over the past 40 years. In those 40 years, you’ve encountered many highs and lows in financial markets and business cycles. What do you think about the current cycle we are in?
Felix Zulauf: The current cycle is very unusual, because never before have we seen authorities, central banks in particular, intervening on such a large scale and pumping so much money into global financial markets. Hence, global financial markets are more distorted than ever before and accordingly, the risks are very high. Investing becomes very difficult in such an unprecedented environment, as it can’t be compared to previous situations. Continue reading »
I’m always amazed at how people can be programmed by the mainstream media to ignore the obvious reality happening right in front of their eyes. Right now, America is being lulled into a hypnotic sense of denial while military training for martial law is happening right in their own neighborhoods and city streets. Yet, strangely, no one is allowed to refer to this exercise as training for martial law… even though that’s obviously what it is.
Most Americans remain totally unaware of the fact that a massive military drill spanning 10 U.S. states will soon put military troops, helicopters, armored transports and military weapons directly on the streets of communities across the nation. “Operation Jade Helm begins in July and will last for eight weeks,” reports the Daily Mail. “Soldiers will operate in and around towns in Texas, New Mexico, Arizona, California, Nevada, Utah and Colorado where some of them will drop from planes while carrying weapons loaded with blanks in what military officials have dubbed Realistic Military Training.” Continue reading »
- Australia To Start Taxing Bank Deposits (ZeroHedge, March 29, 2015):
Up until now, the world’s descent into the NIRPy twilight of fiat currency was a function of failing monetary policy around the globe as central bank after desperate central bank implemented negative and even more negative (in the case of Denmark some four times rapid succession) rates, hoping to make saving so prohibitive consumers would have no choice but to spend the fruits of their labor, or better yet, take out massive loans which they would never be able to repay. However, nobody said it was only central banks who could be the executioners of the world’s saver class: governments are perfectly capable too. Such as Australia’s.
- Times: 200-year wait faced at Fukushima — Plant Chief: “No idea” how to decommission reactors… “the technology does not exist”; “No viable method” to deal with melted fuel; “So many uncertainties… we don’t have accurate information” — Engineers declared problems ‘insurmountable’ (ENENews, March 29, 2015):
The Times of London, Mar. 27, 2015 (emphasis added): Japan faces 200-year wait for Fukushima clean-up — The chief of the Fukushima nuclear power station has admitted that the technology needed to decommission three melted-down reactors does not exist, and he has no idea how it will be developed. In a stark reminder of the challenge facing the Japanese authorities, Akira Ono conceded that the stated goal of decommissioning the plant by 2051 may be impossible without a giant technological leap. “There are so many uncertainties involved. We need to develop many, many technologies,” Mr Ono said. “For removal of the debris, we don’t have accurate information (about the state of the reactors) or any viable methodology… [The rest of the article is only available to Times’ subscribers] Continue reading »
- 3 Charts To Prove That ‘Shadow Banking’ Could Collapse The Entire Financial System (ZeroHedge, March 29, 2015)
- The Crash: Coming into Focus (Veterans Today, March 28, 2015):
Among the fabricated rumors, real intel inquiries emerge
Intelligence regarding the unintended altitude loss with incumbent loss of life related to Lufthansa 9525 from Barcelona to Dusseldorf is coming to light.
The plane may have been downed to end an investigation of massive banking fraud died to the CIA, Mossad, Crypto AG, Siemans and the Vatican Bank.
This event also gives us need to take a new look at the downing of Pan Am flight 103 over Lockerbie, Scotland in 1988. In the world of fax machines, Crypto AG had developed a hardware hack that created a backdoor on all encrypted fax communication, giving their “clients” virtual control of not only the world banking system but almost all diplomatic correspondence as well. Continue reading »
- Hacked: Did You Really Think Cockpit Door Was Locked? (Veterans Today, March 27, 2015):
In the interest of humiliating the lying press
By Gordon Duff and Jeff Smith, Editors
In all likelihood, the cabin crew of the ill fated GermanWings flight could simply have entered the cockpit at any time. If the plane were programmed specially to disallow this normal capability of the Airbus320 series, the airline has failed to inform the public of this.This information is “confidential” as it would be a theoretical aid to hijackers. Problem is, there are no hijackers, only security agencies that seem to enjoy stealing planes, shooting them down or taking control of their guidance systems. The hijack scenario makes for good TV and convenient cover stories where “dead men tell no tales” and crash scenes are always quickly secured and “seeded” as needed.Our suicide story is just a new twist on an old tale.
In order to add to the explosion of information about the recent air event over France, we have done some simple research on the operation of the cockpit door of an A320. We have published, below, the operations manual. We also have the following language, taken from the flight crew manual used by Royal Jordanian Airlines, an organization kind enough to have passed this on:
Ident.: DSC-25-11-10-00001006.0001001 / 09 OCT 12
Applicable to: MSN 2649-3685, 4670-5367
A forward-opening hinge door separates the cockpit from the passenger compartment. It has three electric locking strikes, controlled by the flight crew. In normal conditions, when the door is closed, they remain locked. When there is a request to enter the cockpit, the flight crew can authorize entry by unlocking the door, that remains closed until it is pushed open.
When the flight crew does not respond to requests for entry, the door can also be unlocked by the cabin crew, by entering a two to seven-digit code (programmed by the airline) on the keypad, installed on the lateral side of the Forward Attendant Panel (FAP). Continue reading »
- First Europe, Now The Gulf’s Leaders Agree To Form United Arab Military Force (ZeroHedge March 29, 2015):
Just a week after Jean-Claude ‘I am not a hawkish warmonger’ Juncker pressed for the creation of a Unified European Army to combat the ‘looming’ threat of their massive trade partner Russia; RT reportsArab leaders have agreed to form a joint military force from roughly 40,000 elite troops and backed by warplanes, warships and light armor at a Sharm el-Sheikh summit. Egyptian President Abdel Sisi has announced a high-level panel will work out the structure and mechanism of the future force. The work is expected to take four months.
The president of the European Commission Jean-Claude Juncker, who leads the EU’s executive arm, said an EU army would let the continent “react credibly to threats to peace in a member state or a neighbour of the EU”.
H/t reader squodgy:
“Just nuts. The bloody lot of them.”
- California Democrat Predicts Surge In Hookers, Blames “Global Warming” (ZeroHedge, March 28, 2015):
Ripped from the pages of The Onion, this is not.California Democrat Barbara Lee proposed a resolution in the House of Representatives that claims women will eventually be forced into prostitution since they face “disproportionately harmful impacts from climate change.” So, first ‘we’ blame weakness in economic growth on excess cold, and now excess global warmth – according to Lee’s House Concurrent Resolution 29 – will drive women to “sex work, transactional sex, and early marriage.”
“Women will disproportionately face harmful impacts from climate change,” – we are not really sure why?
Climate change will turn women into hookers? Continue reading »
- The Gaza fisherman who built his own reef – and was shot dead there by an Israeli gunboat (Independent, March 29, 2015):