Dec 18

xi-jinping-vladimir-putin-drink

- China Prepares To Bailout Russia (ZeroHedge, Dec 17, 2014):

Earlier this evening China’s State Administration of Foreign Exchange’s (SAFE) Wang Yungui noted “the impact of the Russian Ruble depreciation was unclear yet, and, as Bloomberg reported, “SAFE is closely watching Ruble’s depreciation and encouraging companies to hedge Ruble risks.” His comments also echoed the ongoing FX reform agenda aimed at increasing Yuan flexibility which The South China Morning Post then hinted in a story entitled “Russia may seek China help to deal with crisis,” which which noted that Russia could fall back on its 150 billion yuan ($24 billion) currency swap agreement with China if the ruble continues to plunge, that was signed in October. Furthermore, two bankers close to the PBOC reportedly said the swap-line was meant to reduce the role of the US dollar if China and Russia need to help each other overcome a liquidity squeeze.

As Bloomberg reported, earlier in the evening, China’s Wang Yungui noted

  • *CHINA IS CLOSELY WATCHING RUBLE’S DEPRECIATION: SAFE’S WANG
  • *CHINA ENCOURAGES COS. TO HEDGE RUBLE RISKS, SAFE’S WANG SAYS
  • *REAL IMPACT OF RUBLE DEPRECIATION UNCLEAR YET, SAFE’S WANG SAYS

Adding that China plans sweeping reforms to promote FX flexibility.

And then The South China Morning Post hints, Continue reading »

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Dec 15

Gold-Vault

- Why Russia And China Are Buying Gold, According To An Economics Professor (ZeroHedge, Dec 15, 2014) 

We already know that to at least one, sadly all too prominent, career economist gold is held by central banks simply due to “tradition.” Here is how another professor of economics perceives the value of gold to central banks.

To Joshua Aizenman, a professor of economics and international relations at the University of Southern California, dabbling in gold is mainly an attempt by bankers and officials to send a message to the world — one that signals an appetite for power or that broadcasts a desire to challenge a rival. “I doubt that the Chinese or the Russians actually believe that gold is such a great investment in terms of pure returns,” Professor Aizenman said. “But if they’re trying to suggest that they’re unhappy with the dollar or that they want to become a global player, then gold is very powerful.

“The investment is a symbol,” he explained. “It’s made for political, not financial, gain.”

That explains it: not just tradition, but symbolic tradition. Actually, let’s just combined what all prominent economists have recently said about gold, and we get… a 6000-year-old symbolically traditional bubble.

Source: NYT.

 

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Dec 11

- How Wal-Mart Fabricated And Lied About Its “Strong” Chinese Sales For Years (ZeroHedge, Dec 11, 2014):

For many, if not most, companies and especially retailers, the great wildcard that is the “massive” Chinese market with the potential of hundreds of millions of buyers in the country’s nascent middle class, has been a slam dunk when it comes to boosting stock prices. After all, what can go wrong? America’s largest retailer was one of those hoping to capitalize on just this shareholder euphoria for Chinese exposure, and just like everyone else, it milked its Chinese exposure for many years. And then, unexpected everything did go wrong: as Bloomberg explains, “After years of heralding China as one of its best markets, Wal-Mart in August said its performance there was among the worst in its major countries.

How is that possible? Continue reading »

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Dec 10

China

- BEIJING WE’VE GOT A PROBLEM (The Burning Platform, Dec 9, 2014):

The Chinese stock market hit a four year high today at 3,020. This is up 53% since the middle of 2013 low and up 48% in the last six months. I guess this must mean the Chinese economy is operating on all cylinders. If you think so, you’d be wrong. Barron’s interviewed a no-nonsense woman who has lived, worked and analyzed China from within since 1985. Anne Stevenson-Yang has spent the bulk of her professional life there working as a journalist, magazine publisher, and software executive, with stints in between heading up the U.S. Information Technology office and the China operations of the U.S.-China Business Council. She’s now research director of J Capital, an outfit that works for foreign investors in China doing fundamental research on local companies and tracking macroeconomic developments.

This lady is about as blunt as you can get about Chinese fraud, lies, mal-investment, and data manipulation. The entire Chinese economic miracle is a fraud. The reforms are false. The leaders are corrupt and as evil as ever. The entire edifice is built upon a Himalayan mountain of bad debt. Continue reading »

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Dec 09

vaccine

- Chinese government suspends Hepatitis B vaccines after 8 horrific infant deaths (Natural News, Dec 9, 2014):

The Chinese government has temporarily halted the administration of a sexually-transmitted disease (STD) vaccine for newborn babies following the horrific deaths of eight infants over the past several months.

Reports out of Shanghai indicate that millions of doses of hepatitis B vaccine produced by the Chinese pharmaceutical company Shenzhen Kangtai Biological have been suspended while health authorities investigate why the children died. Continue reading »

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Dec 09

- China Crashes: Shanghai Composite Plunges 5.4% Amid Record Trading, Biggest Tumble Since 2009 (ZeroHedge, Dec 9, 2014):

Those who have been following the ridiculous moves in the Shanghai Composite in recent months, knew it was only a matter of time before yet another major stock market (one which recently surpassed the Nikkei for the second largest spot in the world) crashed violently, further eroding faith in the centrall-planned “price discovery” process. The only question was when.

Following our report last night about China’s change in collateral rules, in which we noted that none other than the PBOC was now eager to pop the equity bubble following the PBOC simultaneously fixing the CNY significantly stronger (implicit tightening) and enforced considerably stricter collateral rules on short-term loans/repos – a move which according to estimates from Shenyin Wanguo Securities, would disqualify some 1.25 trillion yuan in corporate bonds as repo collateral, or 60% of all outstanding corporate bonds listed on China’s two stock exchanges – we were not surprised to see the tumble in the market-traded Yuan (which crashed the most in 6 years), and the surge in interest rate swaps, coupled by the plunge in corporate bonds. The only thing that puzzled us was why, after the correct kneejerk reaction lower in the Shcomp, did stocks proceed to surge even higher.

220141208_CNY3

That said, we summarized it as follows: Continue reading »

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Dec 09

- It Wasn’t Only China: Here Is What Else Is Crashing Overnight (ZeroHedge, Dec 9, 2014):

It wasn’t just China’s long overdue crash last night. In addition to the Shanghai Composite suffering its biggest plunge since August 2009, there has been a sharp slide in the USDJPY which has broken its uptrend to +∞ (and hyperinflation), and around the time Chinese gamblers were panicking, the FX pair tumbled under 120, although since then the 120 tractor beam has been activated. Elsewhere, the Athens stock exchange is also crashing by over 10% this morning on the heels of news that the Greek government has accelerated the process to elect the next president and possibly, a rerun of the drama from the summer of 2012 when the Eurozone was hanging by a thread when Tsipras almost won the presidential vote and killed the world’s most artificial and insolvent monetary union. And finally, the crude plunge appears to have finally caught up with ground zero, with ADX General Index in Abu Dhabi plunging 3.5%, also poised for the biggest drop since 2009. In fact the only thing that isn’t crashing (at least not this moment), is Brent, which did drop to new 5 year lows earlier under $66, but has since staged a feeble rebound.

File picture shows a Saudi trader monitoring stocks at the Saudi Investment Bank in Riyadh

So… another record high in the fully decoupled from the rest of the world (as well as reality and reationality) S&P500 any minute now? Continue reading »

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Dec 06

- Citi Faces $270 Million Loss; “In Panic” Over Chinese Port Commodity Fraud

Despite the near-record scream higher in Chinese stocks over the last few months, under the surface China is rattled and nowhere is that more evident than in the collapse of its commodity-backed ponzi-financing deals. Since we first uncovered the fraud at the port of Qingdao, another has appeared that is just as fraud-ridden – Penglai; and Citi and Mercuria Energy are arguing over who pays. According to Mercuria’s lawyer Graham Dunning, Citi was “in a state of panic,” when they uncovered the fraud. As Bloomberg reports, Dunning exclaimed “it appears that substantial quantities may be missing from the warehouses or may be the subject of multiple pledges,” and the bank says it is owed at least $270 million. Other ‘banks’ have been less forthcoming about their potential losses, but the government probe has so far uncovered almost $10 billion in fraudulent trade, including irregularities at Qingdao, according to the country’s currency regulator.

 

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Dec 05

China-Map-Close-Up-Country

- It’s official: America is now No. 2 (MarketWatch, Dec 4, 2014):

Hang on to your hats, America.

And throw away that big, fat styrofoam finger while you’re about it.

There’s no easy way to say this, so I’ll just say it: We’re no longer No. 1. Today, we’re No. 2. Yes, it’s official. The Chinese economy just overtook the United States economy to become the largest in the world. For the first time since Ulysses S. Grant was president, America is not the leading economic power on the planet.

It just happened — and almost nobody noticed.

The International Monetary Fund recently released the latest numbers for the world economy. And when you measure national economic output in “real” terms of goods and services, China will this year produce $17.6 trillion — compared with $17.4 trillion for the U.S.A.

As recently as 2000, we produced nearly three times as much as the Chinese. Continue reading »

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Dec 05

- Waist-deep snow in China – Most severe snowstorm in years (Ice Age Now, Dec 4, 2014):

The snow is up to 3 feet (90 cm) deep, leaving residents struggling to open doors.

A blizzard lasting more than 60 hours hit Fuyuan County, a border town in northeast China’s Heilongjiang Province on Thursday.

Local communities banded together to clear snow from roads, and the county government said a contingency plan is in place to relieve economic stresses due to the snow.

Parts of China resemble Antarctica Continue reading »

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Dec 02

Politicians at work:

your politicians at work
Source: Grant Williams @TTMYGH (Click on image to enlarge.)

- With Its Gold “Vaporized”, A Furious Ukraine Turns On Its Central Bankers (ZeroHedge):

As reported two weeks ago, following to a stunning announcement by the head of Ukraine’s central bank, Valeriya Gontareva, we learned that (virtually) all of Ukraine’s gold was gone, or – in the parlance of Jon Corzine – had “vaporized.” And as we also predicted two weeks ago, it was only a matter of time before Ukraine’s people – the vast majority of whom are innocent pawns in a vast game of realpolitik between the west and east – finally got angry and demanded some answers. That time came earlier today when as Interfax.ua reported “a Kyiv-based court has instructed Kyiv prosecutors to bring an action against National Bank of Ukraine (NBU) Governor Valeriya Gontareva on charges of abuse of power or misuse of office to obtain illegal profit, the Vesti newspaper reported on Tuesday.”

 …

Putin-Obama

- Tensions Between the U.S. and Russia Are Worse Than You Realize – Remarks by Foreign Minister Sergey Lavrov (Liberty Blitzkrieg):

Many reasonable analysts understand that there is a widening gap between the global ambitions of the US Administration and the country’s real potential. The world is changing and, as has always happened in history, at some point somebody’s influence and power reach their peak and then somebody begins to develop still faster and more effectively. One should study history and proceed from realities. The seven developing economies headed by BRICS already have a bigger GDP than the Western G7. One should proceed from the facts of life, and not from a misconceived sense of one’s own grandeur.

- ‘Worst Case Scenario’ has happened at US nuclear site — Robert Redford film predicted 2014 WIPP disaster: Plutonium release due to chemical reaction in burst nuclear drum is ultimate catastrophe… Most significant issue is combustible waste exposed to high heat, everyone understands that (VIDEO) (ENENews):

The WIPP Trail, narrated by Robert Redford, 1989 (at 17:00 in):

  • Robert Redford: We now know that 40% of the [WIPP] hazardous waste is combustible, thus posing a more serious and immediate threat.
  • Bruce Throne, New Mexico State Attorney: I think the combustible waste is perhaps the most significant because even a layman can understand that when combustible waste is exposed to high levels of heat, there may be some effect inside the TRUPAC [containers].
  • Redford: Wind is a critical factor that must be considered. The worst case scenario would be if a fire occurs within a breach of a container. The wind could then carry plutonium particles through the atmosphere, traveling considerable distances.
  • Oxford Dictionary’s definition of fire: “Combustion or burning, in which substances combine chemically with oxygen from the air and typically give out bright light, heat, and smoke”

- French parliament votes to recognize Palestinian state (RT):

France’s Socialist-led parliament has passed a symbolic vote to recognize Palestinian statehood, despite staunch objections from Israel. MPs in Britain and Spain have already passed similar motions.

- The Abenomics Devastation: Japanese Real Wages Decline For Record 16 Consecutive Months (ZeroHedge):

Those seeking proof that Abenomics is working are advised to look elsewhere.

Retail-Apocalypse

- The Retail Apocalypse Accelerates: Collapsing Holiday Sales Are A Signal That A Recession Is Coming (Economic Collapse):

Retail sales during the four day Thanksgiving weekend were down a whopping 11 percent from last year.  This is a “make or break” time of the year for many retailers, and if things don’t turn around during the coming weeks we could see a tsunami of store closings in January and February.  As you read this article, there is already more than a billion square feet of retail space sitting empty in the United States.  Many have described the ongoing collapse of the retail industry as an “apocalypse”, and this apocalypse appears to be accelerating.  Yes, the shift to online retailers is a significant factor, but as you will see below even online retailers struggled over the holiday weekend.  The sad truth of the matter is that U.S. consumers are tapped out and are drowning in debt at this point, so they simply do not have as much money to spend as they once did.

- The coming nuclear crisis: All but one of Britain’s ageing reactors ‘will need to close in 15 years’ (Independent):

All but one of Britain’s ageing fleet of nuclear reactors will have to be closed down within 15 years due to concerns over their economic viability or safety, a panel of experts has warned.

Only Sizewell B power station will still be operating beyond 2030, which would leave a shortfall of about 20 per cent in the UK’s power demands unless replacement nuclear reactors come on-stream in the 2020s, they said.

Britain’s existing nuclear reactors apart from Sizewell B are operating beyond their original lifetime specifications, but they are still working as safely as they were designed to be, said Professor Laurence Williams, a former chief inspector of nuclear installations.

Sure!

oil-china

- And The Biggest Winner From The OPEC Price War Is… (ZeroHedge):

“This is a golden time window to acquire more strategic oil at lower costs,” notes one Hong-Kong based analyst, as Bloomberg confirms what we have noted here and here, that China is emerging as the winner from OPEC’s battle with rival oil producers as the world’s biggest energy consumer stockpiles crude.

- ISIS claims to have developed dirty bomb – reports (RT):

So-called Islamic State militants claim to have developed a crude nuclear weapon using materials seized from Mosul University, Iraq. A British extremist boasted of the damage the dirty bomb would do if detonated in Iraq, UK media reports.

One of the militants bragging about the device online was Hamayun Tariq, fighting under the nom de guerre of Muslim-al-Britani, the Daily Mirror reports. Britani, a Briton who claims to be a bomb expert, tweeted:

“O by the way, Islamic State does have a dirty bomb. We found some radioactive material from Mosul University.”

isis-dirty-bomb

- Lebanese Army detains wife, son of ISIS leader (RT):

A wife and a son of Islamic State leader Abu Bakr al-Baghdadi have been arrested by the Lebanese Army, Beirut security officials said. They were detained in coordination with “foreign intelligence apparatus,” reported the local press.

The woman was described by officials as one of al-Baghdadi’s wives, Safir daily newspaper reported. However, they didn’t provide any details on her nationality or name.

The woman, who was accompanied by her son, was arrested while crossing the border from Syria. According to the officials, she was using a fake ID.

SURE!!!

mossadISISmeme

ISIS-leader-Al-Baghdadi-Mccain

- 2014 Is Now The Worst Year For US Macro Data Performance Since 2008 (ZeroHedge):

Once again the cyclical patterns in US macro data are re-emerging as extrapolated hopes fade into mean-reverting credit-impulse-hangover-driven realities. Despite all the hopes and dreams of escape velocity, cleanest-dirty-shirt-wearing economic enthusiasts, year-to-date performance of Citi’s US Macro Surprise index is at its lowest level since 2008. Whether this is absolute weakness or relative weakness (versus yet more over-enthusiastic expectations) is unclear though, the Midterm election results and NFR Black Friday spending data may be a hint.

- Putin Kills “South Stream” Pipeline, Will Build New Massive Pipeline To Turkey Instead (ZeroHedge):

Earlier today, in a stunning announcement, Putin revealed that the South Stream project is now finished. As the WSJ reports, “Putin said Moscow will stop pursuing Gazprom’s South Stream pipeline project that would supply natural gas to Europe with an underwater link to Bulgaria, blaming the European Union for scuttling the project.” Putin is right: Europe – Austria excluded - had seen rising resistance to the South Stream in recent months. The EU is concerned that the project would cement Russia’s position as Europe’s dominant supplier of natural gas. Russia already meets around 30% of Europe’s annual needs. So what does Putin do? He signs a strategic alliance with NATO member Turkey, the only country in Europe that is anything but European and which lately has been increasingly anti-Western, to build a new mega-pipeline to Turkey instead. And the exclamation point:

TURKEY, RUSSIA AGREE TO USE LOCAL CURRENCIES IN TRADE: TRT

Or, as Obama would put it, Russia just got even more “isolated.”

- Haunting Drone Footage of Chernobyl Town (Smithonian):

“Postcards from Pripyat, Chernobyl” shows a drone’s-eye view of the city nearly three decades after nuclear disaster

- The World’s Largest Stock Market Index Is Flashing Red (ZeroHedge):

With a market capitalization of around $16 trillion, the NYSE Composite Index is a massively broad equity indicator less affected by the day to day gyrations of AAPL, TSLA, BABA, or NFLX. As NewEdge’s Brad Wishak remarks, the world’s largest market cap equity index is painting a very different picture than that of the Dow or S&P 500

WTF: Canada family keeps father’s corpse for 6 months, praying for resurrection (RT):

A small community of Christians in Canada left the body of a deceased member for six months trusting God to resurrect him from the dead. The Crown found no criminal intent and the grieving widow was ordered to seek public health counseling.

Escape From Detroit

- Images From A Dark Detroit: “Major Cable Failure” Sparks Widespread Power Outage (ZeroHedge):

Just 15 months after Detroit’s Black Out 2013 debacle, spokespeople for the city and DTE Energy confirmed at around 11:00 a.m. local time on Tuesday that most of Detroit’s municipal grid is offline:

*DETROIT CITES ‘MAJOR CABLE FAILURE’ FOR POWER OUTAGE
*DETROIT: OUTAGE IS AFFECTING ALL CUSTOMERS ON THE PLD GRID

The outage is preventing power from being delivered to police stations, schools, traffic lights and other city-run facilities and services.

muppets-kermit-dead

- It’s Muppet-Slaughtering Time – Goldman Unveils 2015 Global Equity Themes (ZeroHedge):

Goldman Sachs’ 2015 global equity views and themes note is out and its title “The Long Grind Higher Continues” says it all… it’s muppet slaughtering time…

- Mexicans march against president as fresh graves discovered (PHOTO, VIDEO) (RT)

- Ex EU President Van Rompuy “Hit The Jackpot”, Paid Almost $1Million “For Doing Nothing”  (ZeroHedge):

It’s good to be king (or Europe). Former European Council President Herman van Rompuy, derided for “damp rag” ineptness by UKIP’s Nigel Farage, will receive around $900,000 over the next 3 years as a “transition allowance” for doing absolutely nothing in retirement. What is even more egregious, as The Telegraph reports, Van Rompuy will pay a reduced “EU Community” tax rate, considerably lower than the Belgian income tax rate on his ill-gotten gains. As Farage exclaims, having driven millions of Europeans into poverty and unemployment during his reign, Van Rompuy “hit the jackpot.”

- ​9yo Australian girl forced into MidEast wedding – report (RT)

- Almost 9000 Daily record cold temps in November alone (Ice Age Now):

8977 Record Cold temps in November vs 2022 Record Warm Temps

- Intense cold continues across central U.S. (Ice Age Now):

Temperatures as much as 25 degrees or more below normal will be common across much of the central U.S. on Monday, from Texas to the Canadian border.

- Michigan ski area opens with record snow (Ice Age Now):

WAKEFIELD — Indianhead Mountain opened to skiing on Friday after record snowfall has fallen this year.

- Significant winter storm unfolding in eastern Europe (Ice Age Now):

Romania to be hardest hit


Parts of southern and eastern Romania will face severe disruptions to travel and daily routines, while bordering areas of Bulgaria, Moldova and Ukraine will have some impacts from a significant winter storm, says meteorologist Eric Leister.

The cities of Craiova, Bucharest and Bacau are in the area that will be hardest hit.

- Eastern Turkey – Heavy snowfall reduces visibility to 16 feet (5 m) (Ice Age Now):

1 Dec 2014  – Due to heavy snowfall, the city of Bitlis soon took on white blanket.

In particular, blizzard conditions in the locality Rahvan between Bitlis and Tatvan reduced visibility to 5 meters, catching many unprepared many vehicles on the road.

- The Fed’s Biggest Nightmare: Consumers Are “Losing Faith” Their Cost Of Living Won’t Keep Rising (ZeroHedge):

Filed under “insane paragraph of the year,” Reuters pens one of the most-telling sentences of the year/decade/century, suggesting – as per the existential threat to the Fed’s meme – that consumers are worried that their cost of living won’t go up more?

20141201_Fed

via Reuters

Translation: Please dont lose faith that your cost of living will stop soaring: the Fed’s very existence depends on it.

- Obama appoints Ashton Carter as Pentagon chief (RT):

President Barack Obama is expected to announce Ashton B. Carter as his nominee to be the next secretary of defense, the Associated Press reports. Carter served as the Pentagon’s second-in-command from October 2011 to December 2013.

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Nov 23

 – Summing It All Up In 1 Surreal Chart (ZeroHedge):

Because, as financial media keeps propagandizing, it’s all about the fundamentals…

QE3-Stocks-World-GDP

Charts: Bloomberg

- Veteran S&P Futures Trader: “I Am 100% Confident That Central Banks Are Buying S&P Futures” (ZeroHedge):

“This last 1900 point Dow Jones push upwards – and the Ebola events leading into it – it was so orchestrated and heightened at critical points but the ascent and push straight up in price, and sideways nonreaction after was completely unlike anything I’ve seen before.   After going up for a record-breaking amount of time the last five or so years, in a nonlinear exponential mania type of ascent, there should normally be tremendous volatility that follows… After this year and especially this last 1900 point Dow run up in October, and post non-reaction, that I am 100 percent confident that that one buyer is our own Federal Reserve or other central banks with a goal to “stimulate” our economy by directly buying stock index futures.”

American Epidemic? NYPD cop shoots dead unarmed man ‘without warning':

- Sell, Sell, Sell…….The Central Bank Madmen Are Raging (David Stockman’s Contra Corner):

The global financial system has come unglued. Everywhere the real world evidence points to cooling growth, faltering investment, slowing trade, vast excess industrial capacity, peak private debt, public fiscal exhaustion, currency wars, intensified politico-military conflict and an unprecedented disconnect between debt-saturated real economies and irrationally exuberant financial markets.

Yet overnight two central banks promised what amounts to more monetary heroin and, presto, the S&P 500 index jerked up to 2070. That is, the robo-traders inflated the PE multiple for S&P’s basket of US-based global companies to a nose bleed 20X their reported LTM earnings.

- “Down Outright Murder”: A Complete Guide to the Shooting of Michael Brown by Darren Wilson (The Intercept)

Keep-calm-and-molest-kids

- In Great Britain, Protecting Pedophile Politicians is a Matter of “National Security” (Liberty Blitzkrieg):

I’ve long written about how the percentage of sociopaths within a group of humans becomes increasingly concentrated the higher you climb within the positions of power in a society, with it being most chronic amongst those who crave political power (see: Humanity is Rising).

Now we have evidence of yet another case.

The Guardian reports that:

The security services are facing questions over the cover-up of a Westminster paedophile ring as it emerged that files relating to official requests for media blackouts in the early 1980s were destroyed.

Two newspaper executives have told the Observer that their publications were issued with D-notices – warnings not to publish intelligence that might damage national security – when they sought to report on allegations of a powerful group of men engaging in child sex abuse in 1984. One executive said he had been accosted in his office by 15 uniformed and two non-uniformed police over a dossier on Westminster paedophiles passed to him by the former Labour cabinet minister Barbara Castle.

Ah, national security. Remember that the next time you are lectured that we need to give up our civil liberties in the name of “national security.” Think about what that really means. It really means the security of the status quo to continue to behave like insane criminals with zero accountability.

- Contrary To IRS Lies, Some 30,000 Lois Lerner “Forever Lost” Emails Have Been Recovered (ZeroHedge):

It is unclear whether the person in charge of the Lois Lerner “disappeared IRS emails” strategy was also Dr. Gruber, but whoever conceived of the idiotic idea that the fatal failure of a local hard disk means that emails which are stored on at least one server miles away, and subsequently downloaded via POP3, IMAP or some other protocol, have vaporized, clearly also relied on the stupidity (and laziness) of the American people. And like in the case of Obamacare, the lies worked, if only for a short period of time. And because when it comes to lies coming from the very top, there is never just one cockroach, and they always inevitably scatter, the latest headache for a scandal-ridden president is that Lois Lerner’s email, supposedly gone in perpetuity, have mysteriously reappeared, and as the Washington Examiner reports, “up to 30,000 missing emails sent by former Internal Revenue Service official Lois Lerner have been recovered by the IRS inspector general, five months after they were deemed lost forever.”

Utah-NSA-Shutdown

- The Plebs Are Revolting – Utah Bill to Shut Off Water to the NSA Moves Forward (Liberty Blitzkrieg):

In the wake of the failure of the U.S. Senate to move forward on the USA Freedom Act, many activists and civil liberties advocates have come to the conclusion that we can’t rely on the feds to do anything decent on the subject. One of the proposed grassroots ways to fight back has been an emphasis on increased use of encryption (recall my pre-Snowden era post, Bitcoin and Kim Dotcom: Why it’s Time to “Encrypt Everything”). Another obvious solution is for people to revolt at the local level. It appears that the citizens of Utah are doing just that.

Wired reports that:

Lawmakers are considering a bill that would shut off the water spigot to the massive data center operated by the National Security Agency in Bluffdale, Utah.

- 3-Star General Who Helped Lead War On Terror: We’ve Lost the Wars In Iraq and Afghanistan (Washington’s Blog):

3-star General Daniel Bolger helped to lead the wars in Iraq and Afghanistan.

The first sentence of his new book – Why We Lost: A General’s Inside Account of the Iraq and Afghanistan Wars – starts:

I am a United Sates Army general, and I lost the Global War on Terrorism. It’s like Alcoholics Anonymous; step one is admitting you have a problem. Well, I have a problem. So do my peers. And thanks to our problem, now all of America has a problem, to wit: two lost campaigns and a war gone awry.

Yahoo News notes:

Having studied military history, he says he should have known that a U.S.-led counterinsurgency in a country like Afghanistan could never work.

Now, with the rise of the Islamic State, there’s a growing choir urging the U.S. military to lead yet another ground war in Iraq.

“That would be four times biting that poison apple: Vietnam, Afghanistan, Iraq and then Iraq again,” he said.

- With A Hard-Landing Imminent, China Reminds Residents It Is Illegal To Jump Off Tops Of Buildings (ZeroHedge):

“The situation has become so bad… that a middle-aged investor, fearing that a local developer wouldn’t be able to make his promised interest payments, threatened to commit suicide in dramatic fashion last summer. After hearing similar stories of desperation, city officials reminded residents that it is illegal to jump off the tops of buildings.”

- Obama’s Path To ‘Amnesty’ (In 1 Cartoon) (ZeroHedge):

Obama-amnesty-plan

- This Is How Russia Does The (Dry) Ice Bucket Challenge (ZeroHedge):

As The West shows its fortitude (and apparent philanthropy) with mere 32-degree Fahrenheit ice-bucket-challenges, Russian chemistry professor Yury Zhdanov goes 290-degrees better…

This Is How Russia Does The (Dry) Ice Bucket Challenge

Nikolay Novosyolov, founder of a science popularization project, poured a bucket of liquid nitrogen, which temperature was minus 322 degrees Fahrenheit (minus 197 Celcuis), as part of the #IceBucketChallenge campaign, taking the world’s social media charity craze to a whole new level.

Crazy…

 

- Western sanctions are aimed at regime change in Russia – Lavrov (RT):

The ultimate goal of the anti-Russian sanctions imposed by some Western nations is to stir public protests and oust the government, Russian Foreign Minister Sergey Lavrov said.

“Western leaders publicly state that the sanctions must hurt [Russia’s] economy and stir up public protests. The West doesn’t want to change Russia’s policies. They want a regime change. Practically nobody denies that,” he told a leading think-tank in Moscow.

Lavrov said that the tensions between Russia and the West had been brewing for years before the Ukrainian crisis, adding that now the Europeans had decided to go for all-or-nothing and play chicken with Russia. But at least the positions have been made clear, Lavrov said.

- Police pepper sprays protest in Germany as activists storm new EU central bank HQ (PHOTOS, VIDEO) (RT):

German police used pepper spray and clashed with anti-EU protesters, who stormed and vandalized the new European Central Bank building, which is under construction now in central Frankfurt.

Calling themselves Blockupy, thousands of activists gathered in the city center on Saturday and marched to the goal of their protest, the new ECB office, which is to be inaugurated next March.

The cost of the new office is almost 1.3 billion euros and this fact has caused a lot of criticism while the policy of austerity is applied all over Europe.

“While our colleagues, friends and comrades in Southern Europe continue to rebel against the depletion and impoverishment policies of the Troika, the ECB moves into its new palace,” Blockupy website says. “Blockupy moves on to the road. We will make our own move to the new building and give back to the ECB the garbage – in and with many moving boxes – that should have been thrown into the dustbin of history: racist and sexist division, impoverishment, privatization of public funds and goods and wars to secure resources.”

- On The Looming Wall Of Chinese Defaults, Restructuring Firm Warns “You Know It’s Coming” (ZeroHedge):

The news this week of China’s largest corporate bankruptcy - Haixin Iron & Steel Group – amid crashing iron ore and steel prices was followed by analysts noting it “will be followed by others,” as the major flaw of producers of iron ore, the most traded commodity after oil, is they tend to be “over-bullish.” Distressed debt funds are starting to circle in preparation for what they expect to be a bloodbath as Bloomberg reports, bad debts in China are well underestimated because authorities persist in propping up weak companies and bailing out local investors, according to DAC Management, “we’ve yet to see it because if you look at corporate defaults, they keep getting covered by the government. At some point, they can’t cover every single one.” Most worryingly though, as KPMG points out, “when you see restructuring advisers getting hired by SOEs… you know it’s coming.”

- When the Rustlers Wear Badges (Lew Rockwell)

- Five seniors die in Georgia care center after receiving flu shot – report (Natural News):

Healthcare workers at Hope Assisted Living & Memory Care Center in Dacula, Georgia, whose identities have not been made known as of this writing, have informed Health Impact News that on November 7, 2014, five residents of the center received flu vaccinations, only to die one week later.

- Video – Mexico’s Colima Volcano Erupts (Ice Age Now)

- 24 Pictures That Perfectly Capture How Insane The Snow Is Near Buffalo, New York (BuzzFeed)

- Now the UK is set to feel the chill (Ice Age Now):

Winter to arrive with below-freezing icy blast,

reads the headline in The Telegraph.

Temperatures will drop to 19F (-4C) in some areas of the country next week as winter arrives.

Temperatures on Sunday night are expected to plummet to 26F (-3C) in rural areas of Northern Scotland and there may be snow showers on the mountains and widespread frost.

The cooler temperatures will continue on Monday, with overnight temperatures in the North down to 30F (-1C).

http://www.telegraph.co.uk/topics/weather/11246224/Winter-to-arrive-with-below-freezing-icy-blast.html

- “Serfdom is the New Normal” – Talkin’ Oligarch Blues with Perpetual Assets (Liberty Blitzkrieg):

“Oligarchs like protecting themselves from peasants…”

– Gus Demos of Perpetual Assets

Because nothing says “living The American Dream” like looting an abandoned Doritos truck in the middle of a Buffalo, NY snow storm…

CNN-Hong-Kong

Once a market leader among Western 24-hour news channels, CNN has now become infamous for its slipshod mislabeling of maps across the world. This week the network hit a new low, transforming a synagogue into a mosque.

- Could SUNSCREEN stop men having children? Chemicals that block UV rays ‘may impair male fertility’ (Daily Mail):

Slapping on sunscreen could reduce a man’s ability to have a baby, according to new research.

A study found that chemicals commonly found in sunscreen, which filter out UV rays, can impair male fertility.

Experts warned when these chemicals are absorbed by the skin, they can interfere with the body’s hormones.

Men exposed to specific chemicals called BP-2 or 4OH-BP had a 30 per cent reduction in fertility.

- Are You Better Off This Thanksgiving Than You Were Last Thanksgiving? (Economic Collapse):

Are you in better shape financially than you were last Thanksgiving?  If so, you should consider yourself to be very fortunate because most Americans are not.  As you chow down on turkey, stuffing and cranberry sauce this Thursday, please remember that there are millions of Americans that simply cannot afford to eat such a meal.  According to a shocking new report that was just released by the National Center on Family Homelessness, the number of homeless children in the U.S. has reached a new all-time high of 2.5 million.  And right now one out of every seven Americans rely on food banks to put food on the table.  Yes, life is very good at the moment for Americans at the top end of the income spectrum.  The stock market has been soaring and sales of homes worth at last a million dollars are up 16 percent so far this year.  But most Americans live in a very different world.  The percentage of Americans that are employed is about the same as it was during the depths of the last recession, the quality of our jobs continues to go down, the rate of homeownership in America has fallen for seven years in a row, and the cost of living is rising much faster than paychecks are.  As a result, the middle class is smaller this Thanksgiving than it was last Thanksgiving, and most Americans have seen their standards of living go down over the past year.

In 2014, there are tens of millions of Americans that are anonymously leading lives of quiet desperation.  They are desperately trying to hold on even though things just keep getting worse.  For example, just consider the plight of 49-year-old Darrell Eberhardt.  Once upon a time, his job in a Chevy factory paid him $18.50 an hour, but now he only makes $10.50 an hour and he knows that he probably would not be able to make as much in a new job if he decided to leave…

LooTeRS!!!

Looters
Source

 

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Nov 21

Chinese Kids Driving Supercars: Inside the Secret Southern California Meet-up

Nov 18, 2014

Description:

China’s ultra-rich are growing in number and in wealth – and are sending billions of dollars out of the country. Much of it is landing up in the U.S. where many children of the wealthy elite are sent to get an American college education — and they’re living large. Vocativ found a sub-culture of these Chinese students in California. They drive luxury cars like Maseratis and Ferraris and flaunt their wealth at discreet private parties and in online groups, like “Super Cars in America”.

tony-blair-jimmy-saville

- ‘Diabolical & absurd’: Outrage as Save the Children gives Tony Blair Global Legacy Award:

A decision by UK charity Save the Children to give Tony Blair its annual Global Legacy Award has unleashed a torrent of criticism highlighting the former PM’s role in Britain’s 2003 Iraq war and his controversial business dealings in the Middle East.

The former Labour leader, who is currently a key focus of a public inquiry into Britain’s invasion of Iraq, received the honor on Wednesday night at a star-studded gala hosted by the charity in New York.

Save the Children’s decision to offer Blair the award has provoked outrage across the UK, with critics insisting the move utterly discredits the charity.

tony-blair-war-criminal

Flashback:

- DEPLETED URANIUM: ‘THE GREATEST CRIME OF HISTORIC TIME’

- Dramatic Drone’s-Eye View Of The Record Upstate New York Snowfall:

With half the nation covered in snow, according to ABC, nowhere appears to have had it worse (or more suddenly) than upstate New York. As images pour in from lake-effect snow, to The Buffalo Bills stadium, and from scenes caught in a snow storm to pandas playing, we thought the following stunning drone’s-eye-view over Erie County was both incredible in its beauty and cruel in its GDP-destroying reality.

A Drone’s eye view of the beauty (and GDP cruelty) of a snow-buried upstate New York

- 141-year-old cold record shattered in Jacksonville:

For the second morning in a row, Jacksonville, Florida, dropped to a new record low.

- Climatologist: 30-Year Cold Spell Strikes Earth:

With nasty cold fronts thrusting an icy and early winter across the continental U.S. — along with last winter described by USA Today as “one of the snowiest, coldest, most miserable on record” — climatologist John L. Casey thinks the weather pattern is here to stay for decades to come.

In fact, Casey, a former space shuttle engineer and NASA consultant, is out with the  provocative book “Dark Winter: How the Sun Is Causing a 30-Year Cold Spell,” which warns that a radical shift in global climate is underway, and that Al Gore and other environmentalists have it completely wrong.

The earth, he says, is cooling, and cooling fast.

And yes, you read that one right:

- The Wrath of Draghi: Biggest German Banks Impose “Negative Interest Rates”:

Commerzbank, Germany’s second-largest bank, a toppling marvel of ingenuity during the Financial Crisis that was bailed out by ever dutiful if unenthusiastic taxpayers, will now reward these very folks with what Germans have come to look forward to: the Wrath of Draghi.

It started with Deutsche Skatbank, a division of VR-Bank Altenburger Land. The small bank was the trial balloon in imposing the Wrath of Draghi on savers and businesses. Effective November 1, those with over €500,000 on deposit earn a “negative interest rate” of 0.25%. In less euphemistic terms, they get to pay 0.25% per year on those deposits for the privilege of giving their money to the bank.

“Punishment interest” is what Germans call this with Teutonic precision.

- Amazon robots prepare for Christmas:

The squat, wheeled machines move stocked shelves to workers

In its latest bid to boost productivity and speed delivery, Amazon.com Inc. is deploying a robot army.

The Seattle online retailer has outfitted several U.S. warehouses with squat, orange, wheeled robots that move stocked shelves to workers, instead of having employees seek items amid long aisles of merchandise, according to people familiar with the matter. At a 1.2-million-square-foot warehouse in Tracy, Calif., about 60 miles east of San Francisco, Amazon this summer replaced four floors of fixed shelving with the robots, the people said.

Now, “pickers” at the facility stand in one place and wait for robots to bring four-foot-by-six-foot shelving units to them, sparing them what amounted to as much as 20 miles a day of walking through the warehouse. Employees at some robot-equipped warehouses are expected to pick and scan at least 300 items an hour, compared with 100 under the old system, current and former workers said.

The robots are the fruits of Amazon’s 2012 purchase of Kiva Systems Inc. for $775 million. In May, Amazon Chief Executive Jeff Bezos told investors at Amazon’s annual meeting that he planned to deploy 10,000 Kiva robots by year-end, up from 1,400 at the time.

- A Quick Look At Goldman’s Takeover Of The US Judicial System: NY Fed Edition:

One really just can’t make this up. Perhaps the Fed inspector general, when he is done “fixing” the corruption at the NY Fed will be so kind to take a look at the Goldman takeover of the US judicial system next.

And the saddest thing: it cost the banks (and their lawyer lackeys) under a million to buy America’s judicial system off: American justice is not only for sale, it goes at firesale prices!

- The NY Fed’s Attempt To Explain That It Is Not A Subsidiary Of Goldman Sachs:

The most shocking, if already completely buried, news of the day was that – in yet another confirmation that Goldman Sachs is in charge of the New York Fed – a NY Fed staffer was colluding and leaking confidential, material information to a 29-year-old Goldman vice president, himself a former Federal Reserve employee. This only happened because on the day Carmen Segarra disclosed her 47 hours of “secret Goldman tapes” on This American Life, Goldman executives asked the former Fed staffer where he had gotten what appeared to be confidential information from. To nobody’s surprise the answer was: The New York Fed. So as the latter, also known as the biggest hedge fund of the western world with $2.7 trillion in AUM, is scrambling to once again prove it is shocked, shocked, that it has become merely the latest subsidiary of Goldman Sachs, Inc., it released the following statement explaining what “really” happened.

change-we-can-believe-in

- “Some Folks Lied” – How The Administration Fabricated Obamacare Enrollment Numbers:

Two months ago, to much fanfare by the progressive community, HHS, if not Dr. Jonathan Gruber, were delighted to report that as of August 15, Obamacare enrollment had hit 7.3 million sign ups, well above the 7.0 million goal. Then a week ago we learned that “projection mistakes were made” after the “Obama administration revised its estimate for Obamacare enrollment, now saying – with the bruising midterms safely in the rearview mirror – that it expects some 9.9 million people to have coverage through the Affordable Care Act’s insurance exchanges in 2015, millions fewer than outside experts predicted.” Fast forward to today when moments ago Bloomberg reported, that “the Obama administration included as many as 400,000 dental plans in a number it reported for enrollments under the Affordable Care Act, an unpublicized detail that helped surpass a goal for 7 million sign-ups.

- Dutch government refuses to reveal ‘secret deal’ into MH17 crash probe:

The Dutch government has refused to reveal details of a secret pact between members of the Joint Investigation Team examining the downed Flight MH17. If the participants, including Ukraine, don’t want information to be released, it will be kept secret.

– Neo-Feudalism Has Officially Arrived – Congressman Suggests Building A Moat Around White House:

While the general population is aware something is seriously wrong, people remain extremely confused about the root of the problem. This is because what’s happening all around us isn’t socialism and it isn’t free market capitalism. It is actually a return to something much more ancient and much more oppressive. It is a return to serfdom, neo-fedualism and oligarchy.”

- Giant sinkhole swallows up old mine in Russia’s Urals (PHOTOS):

A sinkhole 20 by 30 meters (65 by 98 feet) in size has been found near a Uralkali mine in Russia’s Perm region. While the company says the development is of no further threat, locals fear the whole nearby town could go underground.

Putin-Gold

- As The “Sanctions War” Heats Up, Will Putin Play His ‘Gold Card’?:

The topic of ‘currency war’ has been bantered about in financial circles since at least the term was first used by Brazilian Finance Minister Guido Mantega in September 2010. Recently, the currency war has escalated, and a ‘sanctions war’ against Russia has broken out. History suggests that financial assets are highly unlikely to preserve investors’ real purchasing power in this inhospitable international environment, due in part to the associated currency crises, which will catalyse at least a partial international remonetisation of gold. Vladimir Putin, under pressure from economic sanctions, may calculate that now is the time to play his ‘gold card’.

A BRIEF HISTORY OF THE CURRENCY WAR

RUSSIA, NATO AND THE ‘SANCTIONS WAR’

SO, WILL PUTIN PLAY THE ‘GOLD CARD’?

gold_vault

- Missing Gold – Precious Metals in WTC 4 Vault: Only a Fraction Recovered?:

Why is there this huge discrepancy between the value of gold and silver reported recovered, and the value reported to have been stored in the vaults? There are a number of possible explanations, from outright theft using the attack as cover, to insurance fraud. Until there is a genuine investigation that probes all the relevant facts and circumstances surrounding the attack, we can only speculate.

- Retail Rapture: UK Grocery Sales Drop 1st Time In 20 Years, Dollar General To Shut 4000 Stores:

For the first time since it began collecting data in 1994, Kantar Worldpanel, the market researcher, reported a decline in UK grocery sales by value, as The FT reports the biggest UK grocers were “losing market share hand over fist,” as analysts warn “there are phoney price wars, and there are real price wars. This is a real price war.” This comes on the heels of Goldman report claiming 20% of British grocers are surplus to requirements. But it’s not just Britain… in the the cleanest dirty shirt world-economic-growth supporting decoupled economy of the USA, Reuters reports Dollar General may need to divest more than 4,000 stores to win approval from the U.S. Federal Trade Commission for its acquisition of Family Dollar.

robots-security-robocops-knightscope

- 5-foot-tall ‘Robocops’ start patrolling Silicon Valley:

Autonomous “Robocop”-style robots, equipped with microphones, speakers, cameras, laser scanners and sensors, have started to guard Silicon Valley.

The security robots, called Knightscope K5 Autonomous Data Machines, were designed by a robotics company, Knightscope, located in Mountain View, California.

The robots are programmed to notice unusual behavior and alert controllers. It also has odor and heat detectors, and can monitor pollution in carpets as well. Last but not least: with cameras, the Robocops can remember up to 300 number plates a minute, monitoring traffic.

- The New World Order: Does It All Just Boil Down To A Battle For Your Soul?:

This problem extends into the oligarchy of globalists, who adore the theories expressed in Plato’s “The Republic,” in which an elite cadre of “philosopher kings,” men who have achieved a heightened level of academic knowledge, are exalted as the most qualified leaders. However, leadership requires more than knowledge, even if that knowledge is profound. Leadership also requires compassion and informed consent, two things for which the elites have no regard.

- American-born London mayor refuses to pay US taxes, threatens to renounce citizenship:

The Internal Revenue Service reportedly wants London Mayor Boris Johnson to write a check for taxes he owes to the United States government, but the UK politician says he isn’t paying.

Those ‘brilliant’ Japanese ‘visionaries’ never heard of Fukushima:

underwater-city-plan-japan

- Living under the sea: Japanese visionaries unveil underwater city plan:

Will people ever live in underwater cities? Japanese construction firm says it is possible by 2030. The visionaries revealed a $25 billion deep-sea eco-city plan called Ocean Spiral for 5,000 people that will produce energy from sea resources.

Many have pondered the idea of living under the sea while sci-fi film directors such as George Lucas tempted our imagination with stunning images of underwater cities. Such was the Gungan city consisting of a mass of hydrostatic bubbles shown in the first part of the “Star wars” epic space film series.

Now a Japanese construction firm Shimizu Corp. says that building an underwater residential area is not a fantasy and aims to build one by 2030 – in just 15 years.

- China and others can cripple US power grid, NSA admits for the first time:

The head of the National Security Agency warned Congress on Thursday that China and “one or two” other nations currently possess the capability of crippling the American power grid through cyberattacks.

- 6 Months Before The Fed Is Said To Hike Rates, It Still Has No Idea How It Will Do That:

It has become quite clear that the Fed neither has the intention, nor the market mechanism to do any of that, and certainly not in a 3-6 month timeframe. Which may explain the Fed’s hawkish words on any potential surge in market vol. After all, if the nearly $3 trillion in excess reserves remain on bank balance sheets for another year, then the only reason why vol could surge is if the Fed lose the faith of the markets terminally. At that point the last worry anyone will have is whether and how the Fed will tighten monetary policy.

- Initial Jobless Claims Hit 2-Month Highs, Continuing Claims Tumble To 14-Year Lows:

It is still far too early to call a turn in the long-term trend of initial jobless claims but this is the 5th week that new lows have not been made, 4th miss in a row, and (despite last week’s upward revision) claims sit at 2-month highs. Initial claims printed 291k (against 284k expectations) down very slightly from an upwardly revised 293k last week. However, continuing claims continue to tumble to fresh cycle lows at 2.33 million (below expectations and well down from last week’s jump).

- Another Triple-Fat-Finger VIX Day Saves Stocks:

Ugly data in Asia, Europe, and US PMI meant US equities opened gap-down… that was unacceptable to ‘someone’ and so the “most shorted” names were squeezed. However, after 10 minutes the ramp started to fade… and so the big boys ‘fat-fingered’ VIX and that rescued the dip. That would be fine… but it happened again at 958ET when stocks started to fade again and suddenly VIX was lit up and zoom… stock momentum was ignited and all was well in the world… Broken record? Yes! But clearly someone has to take note of this rigging…

- Ice on the Mississippi River in Iowa:

“I’ve seen ice like this or even worse, but it’s usually not until the middle of December,” says lockmaster.

Game 9 – 2014 World Chess Championship – Magnus Carlsen vs Viswanathan Anand

WTF: A Night With Japan’s Highest Paid Male Gigolo

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Nov 19

Due to a lot of work that needs to be done & upcoming events (incl. visitors) I’ll be presenting the news to you in the following way up until around Dec. 4.

This way you’ll still get fully updated, whilst I save many, many, many hours of work on the website.


U.S. Foreign Policy
America-Endless-War
Source: Cagle Post

- Ukraine Admits Its Gold Is Gone: “There Is Almost No Gold Left In The Central Bank Vault”:

Back in March we reported of a strange incident that took place just after the Ukraine presidential coup, namely that according to at least one source, “in a mysterious operation under the cover of night, Ukraine’s gold reserves were promptly loaded onboard an unmarked plane, which subsequently took the gold to the US.”  Needless to say there was no official confirmation of any of this taking place, and in fact our report, in which we mused if the “price of Ukraine’s liberation” was the handover of its gold to the Fed at a time when Germany was actively seeking to repatriate its own physical gold located at the bedrock of the NY Fed, led to the usual mainstream media mockery. Until now. In an interview on Ukraine TV, none other than the head of the Ukraine Central Bank made the stunning admission that “in the vaults of the central bank there is almost no gold left. There is a small amount of gold bullion left, but it’s just 1% of the gold reserves.”

- California Tells Court It Can’t Release Inmates Early Because It Would Lose Cheap Prison Labor:

Out of California’s years-long litigation over reducing the population of prisons deemed unconstitutionally overcrowded by the U.S. Supreme Court in 2010, another obstacle to addressing the U.S. epidemic of mass incarceration has emerged: The utility of cheap prison labor.

- Grubergate For Idiots (Such As American Voters): All You Need To Know In 2 Minutes:

Confused at just what Jonathan Gruber, friend (or not friend) of President Obama and Nancy Pelosi, said (and didn’t say)? Here is the two-minute idiot’s guide to the Obamacare architect (or not Obamacare architect)‘s controversial comments (and just who did and did not know him)…

GruberGate: “Senator” Obama Vs “President” Obama (Videos):

If you like your Jon Gruber “brightest minds from academia, that I have stolen ideas from liberally”, you can keep your Jon Gruber…

- Obama: I will send US troops to fight ISIS if they get nukes:

US President Barack Obama has, for the first time, admitted he would deploy US ground troops to Syria and Iraq to fight Islamic State – that is, if the extremist group obtained a nuclear weapon.

“If we discovered that [Islamic State] had gotten possession of a nuclear weapon, and we had to run an operation to get it out of their hands, then, yes,” Obama told reporters at a news conference in Brisbane, Australia, on Sunday. “I would order it.”

- Putin:’US wants to subdue Russia, but no one did or ever will':

The US has no plans to humiliate Russia, but instead wants to subdue it, Russian President Vladimir Putin has said, adding that no one had ever succeeded in doing so – and never will.

Speaking at a forum of the All-Russia Peoples’ Front in Moscow on Tuesday, the Russian leader said that history was not about to change, and that no one would manage to suppress the country.

Throughout history no one has ever managed to do so toward Russia – and no one ever will,” Putin said.

H/t reader squodgy:

As a side note: It is well known that radiation makes viruses (also harmful bacteria and other parasites) become more virulent:

- West Coast Scientists: Many animals on sea floor looking sick or dead — “Everything’s dying… Dead, dead, dead, and dead” — Experts investigate what’s killing sea urchins and cucumbers in Pacific Northwest — “Seeing things never previously observed” (PHOTOS):

National Geographic, Nov 17, 2014 (emphasis added): Urchins and cucumbers seemed to have escaped the ill effects of the virus until now. But in recent weeks, reports have started to come in that they too are dying along beaches in the Pacific Northwest, Hewson said… [He and his team are] studying the urchins and sea cucumbers that are already dying to see if the same killer is responsible.

- Experts: Seemingly benign virus on West Coast causing “ecological upheaval the likes of which we’ve never seen” — Very peculiar, different from all known viruses — Mutations could be helping it spread — Something may have recently caused it to go rogue… we’ve never seen anything like this — Why now, what changed to allow outbreak? (VIDEO):

NBC News (emphasis added): Scientists may have fingered the culprit responsible for a mysterious epidemic that has killed millions of starfish… the disease was a relatively common parvovirus found in invertebrates that rose to epidemic levels due to overpopulation, a genetic mutation or other unknown environmental factors.

PBS: Scientists… said it’s a virus that’s different from all other known viruses infecting marine organisms [and] don’t yet know what sparked the seemingly benign virus to transform into the perpetrator of what’s considered the largest marine disease outbreak ever…

- Big Win! Monsanto Reports $156 Million Loss in Q4 as Farmers Abandon GM Crops:

Are you invested in Monsanto stock like Bill Gates, who owns hundreds of thousand of Monsanto shares worth about $23 million? It might be time to pull out since the company just reported over $156 million in losses for the fourth quarter.

- Even McDonald’s Rejects New GMO Potato in French Fries:

Still Plenty of Reasons NOT to Eat There

- Here We Go Again: Demand For Subprime Debt Is “Out Of Control”:

As Kyle Bass once eloquently noted, the brevity of financial memory is about two years; and nowhere is that more clear than in the explosive resurgence of demand for new subprime-mortgage-backed products. As Scotsman Guide reports, some subprime lenders are reporting strong investor appetite for the once-reviled mortgage products (for borrowers with credit scores as low as 500 and with debt-to-income (DTI) ratios as high as 50 percent). “It’s out of control; it seems like there’s 10 times the amount of demand to buy this paper as there are borrowers that want the loans,” said one lender. As Bass may have also said “proceed with caution.”

- Approx. 100 t of sardines washed ashore in Pacific coastal area of Hokkaido again – Photos

- A Letter from the Norwegian Nobel Committee to Barack Obama:

You are the most undeserving Nobel Peace Prize winner since the odious, war-mongering Henry Kissinger. What company you keep! We were delusional dupes for giving the Peace Prize to him and you both. That is all. Now, back to “Lilyhammer.”

The Norwegian Nobel Committee
Drammensveien 19 NO-0255 OSLO
Norway

H/t reader squodgy:

“Here is one tale of how the Reypothecation might have taken place.

Of course, bankers, being honest, and politicians never lying, mixed with zionist israelis could never meld into planning and executing the biggest heist ever, under the guise of a false Arab terror plot whilst killing 3000 innocent Gentiles , just Gentiles (3000 jews were told not to turn up for work on 9/11) resulting in total surveillance of all the other gentiles on the planet carried out in the main by mossad connected security companies.

Also, isn’t it pure coincidence that the security at the Fukushima plant was also under the control of a mossad connected security firm..

http://cryptome.org/eyeball/gold-vault/gold-vault-frbny.htm

Don’t miss: - http://cryptome.org/eyeball/gold-vault/gold-vault-frbny.htm:

The gold vault in the Federal Reserve Bank New York is reportedly the largest gold depository in the world. Yet compared to other major gold vaults, such as the one at Fort Knox, it appears lightly secured. There are one or two guards at the loading dock which connects to the vault. Because the building is located in a dense urban area, its walls and entrances abut sidewalks without security barriers like those at other bullion depositories. The site of the building slopes such that the topmost levels of fve basements where the vaults are located directly adjoins two streets, albeit there are reinforced concrete walls with steel face plates as well as interior alarm systems protecting the hoard. (See note below on basement levels and wall thicknesses.)

Copies of the original 1922 construction drawings of the facility, publicly available at Avery Architectural Library, Columbia University, were obtained by Cryptome. A floor plan of a vault level is provided below.

- Wholesale Inflation Heats Up Due To Jump In Car, Food Costs, New Calculation Method:

Janet Yellen will be pleased… or not. Producer Price Inflation printed hotter than expected across all its various incarnations (good news, no deflation; bad news, no deflation excuse for The Fed). Ex Food-and-Energy prices rose 1.8% YoY (4-month highs), considerably more than the 1.5% expectations but surged 0.4% MoM – the most in 16 months. PPI Final Demand rose 1.5% YoY (1.3% exp). The rise in PPI appears driven by Food prices which are up 1.0% (the most since April) and Trade PPI (+1.5%) thanks to a 26.1% jump in margins for fuels and lubricants retailing (under new calculation methods) accounted for nearly 40% of the rise in final demand.#

- Hugh Hendry: “I Believe Central Bankers Are Terrified”:

“My premise hasn’t really changed since I published my paper explaining why I had become more constructive towards risk assets this time last year. That is to say, the structural deficiency of global demand continues to radicalise the central banking community. I believe they are terrified: the system is so leveraged and vulnerable to potentially systemic price reversals that the monetary authorities find themselves beholden to long only investors and obliged to support asset prices. However, I clearly confused everyone with my choice of language. What I should have said is that investors are perhaps misconstruing rising equity prices as a traditional bull market spurred on by revenue and earnings growth, and becoming fearful of a reversal, when instead the persistent upwards drift in stock markets is more a reflection of the steady erosion of the soundness of the global monetary system and therefore the rise in stock prices is something that is likely to prevail for some time.”

- Relentless US Journalist who has Seen and Felt the Boot of Israeli Fascism is Returning to Palestine for More:

Journalist Zebula “Sha” Hebert has been “shot at, stabbed, pepper sprayed, maced, tear-gassed, tased, arrested, detained, beaten, and interrogated” while conducting his work.  He knows what repression feels like, which is why he is undertaking a highly ambitious project: in the wake of the recent US-backed Israeli assault, Hebert will return to Palestine and spend a year in Gaza.  He will conduct interviews with Gazans, publish reports, and ultimately write a book about his findings and experiences, all to help amplify the voices of a trapped refugee population being brutalized by the world’s most powerful aggressors.

Hebert conducted an interview with Robert Barsocchini for Washington’s Blog, to elucidate and spread the word about his upcoming journalistic endeavor:

- Indonesia still performs ‘virginity tests’ on female police job applicants – HRW:

Indonesia’s practice of subjecting would-be female police officers to ‘virginity tests’ is “discriminatory and a form of gender-based violence,” that has to be stopped, Human Rights Watch says.

- ‘RT will soon be banned in Germany too’: Russian FM jokes at media conference:

The Russian FM known for his impeccable diplomatic skills, brightened the mood of the media conference held in Moscow after meeting with the German foreign minister. Both diplomats chuckled at the joke that was addressed to RT.

In my opinion another test of advanced technology (that will be used in the future against the people to make them accept the NWO):

- Chelyabinsk meteor #2? Massive flash over Russia’s Urals stuns locals & scientists:

An extraordinary bright orange flash has lit up the sky in Russia’s Sverdlovsk region in the Urals. While locals captured the massive ‘blast’ on numerous cameras, both scientists and emergency services still struggle to explain the unusual event.

- Kissinger Warns “We Need A New World Order”; Ukraine Should Forget Crimea & NATO:

Former U.S. Secretary of State Henry Kissinger says in an interview with Der Spiegel that there currently is an urgent need for a new world order, but its coming into being will be long and complicated. “There is the Chinese view, the Islamic view, the Western view and, to some extent, the Russian view. And they really are not always compatible,” he warns, adding that introducing anti-Russian sanctions was a mistake. He added that Ukraine should not hope to become a member of NATO in the foreseeable future, as the alliance will never vote unanimously for the accession of Ukraine.

- Game 8 – 2014 World Chess Championship – Viswanathan Anand vs Magnus Carlsen:

Reader squodgy sent this to me:

“Spotted in Canada”

Spotted in Canada

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Nov 18

- This Is What Taking An Exam In China Looks Like (ZeroHedge, Nov 17, 2014):

How many teachers does it take to proctor 1200 students taking college exams in Baoji, Shaanxi?

This Is What Taking An Exam In China Looks Like

Answer: 80 – with telescopes!

*  *  *

The Dean of the school explains the shocking scenes are so that students feel to the seriousness of the exam and to prevent cheating in the exam. Continue reading »

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Nov 17

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- What really happened in Beijing: Putin, Obama, Xi — and the back story the media won’t tell you (Salon, Nov 14, 2014):

Ukraine, Iran’s nukes, the price of oil: There are ties worthy of a Bourne film, if the media connected the dots

By way of events on the foreign side, the past few weeks start to resemble some once-in-a-while event in the heavens when everyone is supposed to go out and watch as the sun, moon and stars align. There are lots of things happening, and if we put them all together, the way Greek shepherds imagined constellations, a picture emerges. Time to draw the picture. Continue reading »

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Nov 17

- And The Biggest Winner From The Oil Price Plunge Is… (ZeroHedge, Nov 15, 2014):

“The Chinese, among others, seem to be responding to the lower oil price with additional demand,” notes one tanker executive as Bloomberg reports the number of supertankers sailing toward China’s ports matched a record on Oct. 17 and is still close to that level now. The plunge in price has enabled China to add 35 million barrels to its inventories in the past three months as the nation fills its strategic petroleum reserves, OPEC said yesterday. Furthermore, though the oil slide is hurting nations from Venezuela to Iran – that depend on energy for revenues – ship owners serving the industry’s benchmark Middle East-to-Asia trade routes are reaping the best returns from charters in years as the slump drives down the industry’s single biggest expense. As one analyst notes, “we’ve seen the Chinese buying a lot from the Middle East and that’s really let rates cook.” So it appears the Chinese, in the face of the worst growth and economy in years, are rational enough to buy more at lower prices (as opposed to the buy-more-because-stocks-are-at-all-time-highs Western investors).

A near-record 113 tankers are destined for China…

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As Bloomberg reports, Continue reading »

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Nov 14

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- Obama’s Secret Treaty Would Be The Most Important Step Toward A One World Economic System (Economic Collapse, Nov 12, 2014):

Barack Obama is secretly negotiating the largest international trade agreement in history, and the mainstream media in the United States is almost completely ignoring it.  If this treaty is adopted, it will be the most important step toward a one world economic system that we have ever seen.  The name of this treaty is “the Trans-Pacific Partnership”, and the text of the treaty is so closely guarded that not even members of Congress know what is in it.  Right now, there are 12 countries that are part of the negotiations: the United States, Canada, Australia, Brunei, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.  These nations have a combined population of 792 million people and account for an astounding 40 percent of the global economy.  And it is hoped that the EU, China and India will eventually join as well.  This is potentially the most dangerous economic treaty of our lifetimes, and yet there is very little political debate about it in this country. Continue reading »

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Nov 13

FYI.


- More Humiliation: China Furious At “Disrespectful” Nicorette-Chewing Obama (ZeroHedge, Nov 12, 2014):

“The chew seen around the world,” as President Obama chomped on Nicorette gum during the recent APEC summit ceremonies, has sparked outrage in China, describing his behavior as “rude” and “inappropriate.”

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Nov 12

- China’s Latest Ghost Town: A $50 Billion Fake Replica Of Manhattan (ZeroHedge, Nov 11, 2014):

“They are building stuff that nobody really wants or needs… and there will be a day of reckoning” sums up yet another mega ghost city project under development in China. As NBC News reports, China’s $50-billion knock-off of the Big Apple – near the port city of Tianjin, some 120 miles from Beijing – complete with its own Rockefeller Center and Twin Towers has been billed as the world’s largest financial center in the making. But this Manhattan still has a long way to go…

Ian Williams explains nothing has improved in China since we last highlighted the ghost city phenomenon

As NBC News reports,

China’s $50-billion knock-off of the Big Apple sits on a river bend — much like its namesake — near the port city of Tianjin, some 120 miles from Beijing. Complete with its own Rockefeller Center and Twin Towers, it’s been billed as the world’s largest financial center in the making. But this Manhattan still has a long way to go. Continue reading »

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