Jun 21

“End The Fed” Rallies Are Exploding Throughout Germany (Liberty Blitzkrieg, June 19, 2014):

This is a fascinating development and one that I had no idea was happening until today. It seems that rallies are spreading throughout Germany protesting the corrupt and dying global status quo. One of the key targets of these groups is the U.S. Federal Reserve system, which as I and many others have maintained, is the core cancer infecting the entire planet.

As I tweeted earlier today:

According to the organizer of these rallies, they have now spread to up to 100 cities and have a combined attendee base of around 20,000. What is also interesting, is that the mainstream media in Germany is calling them Nazis. In Germany, if you don’t support Central Banking, this apparently means you are a Nazi. What a joke. Just more proof mainstream media everywhere is complete and total propaganda. It is also a good sign, since it shows the desperate lengths to which the power structure will go to keep their criminal ponzi alive.

Do these folks seem like Nazis to you?

In Liberty,
Michael Krieger

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Jun 19

- Protests banned as 120 snipers line up to protect Spanish crown (Digital Journal, June 19, 2014):

Madrid – As Prince Felipe gets ready to be crowned the new King of Spain, two demonstrations and two concentrations planned for Thursday have been banned, thousands of extra police officers brought in and 120 snipers prepped to protect the ceremonial event.
It seems Spanish authorities are a tad nervous of demonstrations against the monarchy Thursday, when the new King Felipe VI is set to be crowned. Continue reading »

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Jun 19

US “Ready To Act” As Russia Looks To Ban US Consultants & Block EU Gas Transit (ZeroHedge, June 19, 2014):

It appears Russia ‘retaliation’ continues for the ‘costs’ imposed by the West on Putin and his people (Russia +28%, S&P +6% since sanctions). Putin looks set to take on both EU and US as RT reports that Russian MPs are preparing a bill to ban the use of US consulting companies in Russia; and then Ukraine’s Naftogaz says Russia’s Gazprom seeks to end its accord on daily gas transit – a move which could threaten EU gas supplies. The US put its best man forward to respond and Treasury Secretary Jack Lew thretatened “US is ready to act” on Russia if Ukraine escalates…

Russia retaliation #1: Continue reading »

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Jun 18


Added: June 1, 2014

Flashback:

- ‘GLADIO, THE LIVING PROOF THERE IS NO AL-QAEDA, NO WAR ON TERROR’ – ‘GLADIO Is AL-QAEDA’ (Veterans Today)

- HIGH TREASON: 9/11 & Operation Gladio (RT Video)

- Remote Viewing UPDATE: Major Ed Dames On … The ‘Kill-Shot’, Solar Flares, Safe Zones, Fukushima, Gold & Silver, Economic Collapse, Mad Max, ‘Obama Is The Last President’, Martial Law & Chaos 

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Jun 18

FYI.



Added: June 11, 2014

Related info:

- Netanyahu Orders Israel Army To Prepare For Possible Military Strike Against Iran In 2014

My commentary:

(First my apoogies for not proofreading my comment. Hope you can nevertheless understand what I want to tell you.)

Unlike stated in the video the elitists do have plans for WW3.

Keep in mind that I do not want you to get scared.

I just want to help you to get prepared spiritually, mentally and physically.

That’s all.

I know for a fact that … “life is an echo, what you send out comes back”.

And so I better be very careful what I am telling you.

Does WW3 really have to happen?

NO!

The question really is:

Will we allow it to happen???

( … like we have allowed the Patriot Act, the NDAA, all those (NWO) executive orders, GMOs, vaccines, water fluoridation, chemtrails, depleted uranium & genocide, food additives like Aspartame & MSG, Fukushima, Iraq, Afghanistan, Libya, Syria, deficit spending, quantitative easing and the greatest bank robbery in world history.)

If your answer to that question is that we will probably allow WW3 to happen, then I suggest you better prepare.

Many seers have seen very similar WW3 scenarios and the reason for that is that WW III is planned, which could cause all those normally infinite future timelines to collapse into a predictable future:

When you see civil war breaking out simultaneously in Germany, France and Italy (probably because of the financial/economic collapse), then we are getting very close to the beginning of WW3 as it has been predicted.

If you see Pope Francis (= Petrus Romanus) fleeing the Vatican and Italy, then the start of WW3 is very close.

Right before or better immediately before the outbreak of WW3 (by then it is too late to prepare yourself if you haven’t done so yet) there will be an assassination taking place of up to 3 people in leading positions (Could be Putin, Obama or …).

(Probably by then NATO has provoked the Russians ‘enough’, because then …)

The next thing those seers saw were Russian tanks running all over Europe, destroying everything in their path. 

The big fight will take place in Germany.

The Russians will be stopped and defeated (… probably with the help of a third power coming (back) right out of the Inner Earth?).

The beginning of the real earth changes will also put a sudden end to the fighting.

Shortly after the fighting has stopped the real earth changes will take place.

3 days of darkness are coming (asteroid impacts?), where you shouldn’t leave the house and better be in the safest and airtight place that you know of and have available to you.

Don’t go outside, don’t open the windows as the air outside will be deadly.

Water and food stored in safe rooms (metal shielded) should be safe, otherwise all food and water that is not stored in sealed metal containers will turn bad.

(Living near the ocean and at sea level is not the place you want to be. Also living next to steep mountansides is not a good idea.)

Why do I give credence to those seers?

Alois Irlmaier for example clearly foresaw smartphones and drones in a time when they did not exist.

He foresaw rising inflation, hyperinflation, the people getting taxed into oblivion and the collapse of the euro, when he couldn’t even possibly know that the euro was planned.

I myself have seen the future several times as it came to pass. So I know that it is possible to do these things.

One of my best friends grew up as a young child with a real master who taught his parents (his father being a bank manager!) and some other people. Among them several medical doctors.

A real master?

After my friends mother had a full abortion of her sixth child this master said that she has put the child back into the womb, because the child belongs to the family and the family belongs to this child.

The next months went by and my friends mum wasn’t sure if she really was pregnant.

Then at a birthday party that master was the one who felt the labour pains and sent my friends mum to the hospital.

Where she gave birth to a healthy girl.

This master could heal the sick instantly (but she also said in some cases that the disease was due to Karma and told them when it will go away and it did) and could manifest out of thin air.

Whenever she needed money she pulled a brandnew dollar note out of her pocket.

These are just some of so many, many stories that I’ve been told.

Here is why this is important …

Many, many years ago this master predicted that after the earth changes you can choose your land wherever you want to (because there are obviously not many humans left).

As young children she showed my friend and his brothers & sisters ‘her friends’ that are here to help us (unlike the ones our governments are currently dealing with) and he remembers that she took them outside during a starry night and the stars were moving like they were riding in a rollercoaster. She told them that this are UFO’s. My friends dad (the bank manager!) saw one of these UFOs landing in close proximity.

When studying acupuncture in China I came to know my good friend (from the other side of the planet) and got told all these wonderful stories from him and later also from his entire family.

Having already experienced some tiny, tiny miracles (in comparison) myself, I had no reason to doubt him, especially because there were several stories that pointed to her being the real deal.

When her students started getting attached to her she warned them, but when they did not listen she left them.

A real master will never allow people getting to attached to him, or even start to worship him, as he only wants to show them the way, helping to speed up their spiritual growth.

If then the students become too attached to the teacher the whole purpose for the master being there in the first place is lost …

… and so he has to go. Usually that’s the beginning of a new religion. When the truth is getting lost religion appears.

If all hell breaks loose and  you don’t know where to go and turn to, go inside and connect yourself to the source, the creator, God, your inner self or whatever you may want to call it.

Know you are protected, know you are eternal.

I do not pretend to know what will happen and when, but this master said that it will come like a thief in the night.

Hopefully we can find ways to avoid WW3 and to minimize the earth changes.

If you think all of this is comlete BS then why have the elitists built the Doomsday Seed Vault?

http://www.infiniteunknown.net/tag/doomsday-seed-vault/

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Jun 17

Flashback:

- Argentina’s Economic Collapse (Documentary)

Catherine Austin Fitts at the IRTA 08 Barter Convention:

- Former Assistant Secretary of Housing: The U.S. is the Global Leader in Illegal Money Laundering (Video)


- Greek employees: salary delays up to 12 months & “coupons” instead of “money” (Keep Talking Greece, June 17, 2014):

Do you remember the serfs and servants and villeins and peasants in the good old times of feudalism and the Middle Ages? If you don’t, I have good news for you! The custom of working in return of goods instead of salary revives in Greece of modern European Union and of exquisite Euro area. The results of a survey conducted by the Labor Institute of the Confederation of Labor Union (GSEE) are shocking but not unexpected. KTG has often reported in the four years of blogging about these sweet little working and payment conditions of modern Greek slaves living under the feudal law of austerity, recession and  competitiveness. Continue reading »

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Jun 16

Frontrunning: June 16 (ZeroHedge, June 16, 2014):

  • Iraq Army Tries to Roll Back Sunni Militants’ Advance (BBG)
  • Starbucks to Subsidize Workers’ Online Degrees (WSJ)
  • ‘Bitcoin Jesus’ Calls Rich to Tax-Free Tropical Paradise (BBG)
  • Medtronic Is Biggest Firm Yet to Renounce U.S. Tax Status (BBG), Medtronic to buy Covidien for $42.9 billion, rebase in Ireland (Reuters)
  • Oil Topping $116 Seen Possible as Iraq Conflict Widens (BBG)
  • Putin Seeks Paris Landmark as Hollande’s Russia Ties Defy Obama (BBG)
  • GM Says It Has a Shield From Some Liability (WSJ)
  • BOJ’s Bond Paralysis Seen Spreading Across Markets (BBG)

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Jun 16

In Explosive Scandal, Head Of Polish Central Bank Recorded Promising Assistance To Government If Minister Fired (ZeroHedge, June 15, 2014):

Remember when conventional wisdom said central banks are apolitical and impartial, and anyone who claimed that the world’s money printers (which in the New Normal of failed fiscal policy means the only source of stimulus, and thus infinite political leverage and an existence “above the law”) are in fact the most political and partial entities was, what else, a conspiracy theorist? Well, there goes another conspiracy theory, replaced by conspiracy fact.

Yesterday, Polish magazine Wprost released a recording of a meeting between Interior Minister Bartlomiej Sienkiewicz and central bank Governor Marek Belka which took place in a Warsaw restaurant in July 2013. In the recording, Belka told the minister he would be willing to help the government out of its economic troubles if the finance minister was fired.

Continue reading »

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Jun 16

FYI.



Added: April 13, 2014

Video: Interview With US General Wesley Clark (Ret.): US Government Planned To ‘Take Out 7 Countries In 5 Years’: ‘Starting With Iraq, Syria, Lebanon, Libya, Somalia, Sudan And Finishing Off Iran’

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Jun 14

- 12 Numbers About The Global Financial Ponzi Scheme That Should Be Burned Into Your Brain (Economic Collapse, June 11, 2014):

The numbers that you are about to see are likely to shock you.  They prove that the global financial Ponzi scheme is far more extensive than most people would ever dare to imagine.  As you will see below, the total amount of debt in the world is now more than three times greater than global GDP.  In other words, you could take every single good and service produced on the entire planet this year, next year and the year after that and it still would not be enough to pay off all the debt.  But even that number pales in comparison to the exposure that big global banks have to derivatives contracts.  It is hard to put into words how reckless they have been.  At the low end of the estimates, the total exposure that global banks have to derivatives contracts is 710 trillion dollars.  That is an amount of money that is almost unimaginable.  And the reality of the matter is that there is really not all that much actual “money” in circulation today.  In fact, as you will read about below, there is only a little bit more than a trillion dollars of U.S. currency that you can actually hold in your hands in existence.  If we all went out and tried to close our bank accounts and investment portfolios all at once, that would create a major league crisis.  The truth is that our financial system is little more than a giant pyramid scheme that is based on debt and paper promises.  It is literally a miracle that it has survived for so long without collapsing already. Continue reading »

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Jun 14

- GM floodgate to open? EU ministers back deal to let nations decide fate of crops (RT, June 12, 2014):

European Union governments have decided to let member states go their own way when it comes to genetically modified organisms (GMOs), allowing EU nations to either ban the crops or grow them as they see fit. The move ends years of legislative deadlock.

At a meeting in Luxembourg, EU environment ministers from 26 out of 28 member states put their weight behind a 2010 proposal to give national governments an opt out from rules, making the 28-member bloc a single market for GMOs. Only Belgium and Luxembourg voted against it, although the final decision rests with the European Parliament, which is expected to endorse the plan, Bloomberg Businessweek reports. Continue reading »

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Jun 13

- ‘Unprecedented’: 13 aircraft mysteriously disappear from radars in heart of Europe (RT, June 12, 2014):

A total of 13 aircraft suddenly vanished off radars for about 25 minutes on two occasions over Austria and neighboring countries, Austria’s flight safety monitor said, calling for an EU probe into the “unprecedented” incidents.

The flights vanished from air traffic controllers’ screens in Austria on June 5 and June 10 for 25 minutes each time, Marcus Pohanka of Austro Control – Austria’s flight safety organization – said Thursday.

Air traffic control in neighboring regions of Germany and the Czech Republic also reported similar problems. Continue reading »

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Jun 12

- More than 10,000 suicides attributed to Great Recession, study finds (Al Jazeera, June 12, 2014):

The Great Recession is a story of numbers: rising unemployment rates, the widening gap between rich and poor, contracting GDP.  But a new study has added a figure that underscores the human cost of the economic downturn: 10,000 suicides.

Researchers at the University of Oxford and the London School of Hygiene & Tropical Medicine have suggested that more than 10,000 suicides in Europe and North America can be linked to the severe economic downturn brought on by the 2008 financial crisis. Continue reading »

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Jun 11

NATO

- ‘Public has no idea how NATO spends money’: Dutch auditors call for more transparency (RT, June 11, 2014):

Dutch auditors claim NATO member states – which contribute to the organization’s budget from a combined $1 trillion in defense spending – are largely unaware of how these funds are being spent, as most of the alliance’s expenditures remain classified.

For decades the accounting records of the North Atlantic Treaty Organization, which marked its 65th anniversary in April, remained largely ‘blotted out’ as classified, leaving billions of NATO dollars unaccounted for, claim auditors from the Netherlands. Continue reading »

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Jun 11


Added: Jun 8, 2014

Description:

http://usawatchdog.com/negative-inter… – Andy Hoffman of Miles Franklin warns the negative interest rates installed by the ECB last week signals big trouble. This is a major alarm bell for everyone and a major inflection point. Now, the central banks have dared go where even the Bank of Japan has not gone, which is to take rates to a negative level. You can’t go lower than negative. You go too negative, and people realize it doesn’t work, and people realize there is nothing left.”
Continue reading »

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Jun 11

- US commandos get permanent Eastern European foothold (RT, June 11, 2014):

American special operations units permanently deployed in Eastern Europe are no longer just on the Pentagon’s wish list. About 100 instructors are set to train spec ops teams in former Soviet bloc states to ‘message’ Moscow over the conflict in Ukraine.

The latest statements from the US European Command (EUCOM) once again prove that Washington is using the crisis in Ukraine to revitalize the NATO alliance and bolster its military presence in Europe in order to tie it to the US.

EUCOM said in a statement that its Special Operations Command Europe (SOCEUR) “increased the size and scope of its planned exercises” following the bloody developments in Ukraine to send a “message to Moscow.”

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Jun 11

eurozone_matches_euro_on_fire_collapse

- Alasdair Macleod: All You Need To Know About Negative Interest Rates (ZeroHedge, June 10, 2014):

Last Thursday, the European Central Bank (ECB) took the historically unprecedented step of lowering certain of its interest rates below 0%. In a report to our premium subscribers immediately following the announcement, Chris likened the move to the policy equivalent of dropping a neutron bomb.

In the days following, despite the ECB attempting to clarify its stance further, many questions still linger; most notably: What exactly will the implications of this negative interest rate (NIRP) policy be?

We’ve asked our European correspondent, Alasdair Macleod, to lay things out in black as white as much as is possible. In this detailed podcast with Chris, he explains exactly what steps the ECB is undertaking, what the most probable ramifications will be, and where the highest degrees of risk now lie:  Continue reading »

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Jun 10

- Tanks, troops, jets: NATO countries launch full-scale war games in Baltic (RT, June 9, 2014):

A major military exercise kicked off in Latvia, with 10 NATO member countries participating. The war games involve 4,700 troops and 800 military vehicles. Russia sees NATO’s military build-up as a sign of aggression.

The Saber Strike ground forces exercise is being conducted for the fourth time this year and coincides with Baltic Host 2014 and Baltops 2014 naval drills.

Troops from the US, Canada, Denmark, Estonia, Finland, Latvia, Lithuania, Poland, Norway and the UK are taking part.

The two-week exercise is hosted by the three Baltic States, although some parts will be conducted in Germany. Continue reading »

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Jun 10

US Riskier Than Europe For First Time Since 2010; BofA Admits ‘Good News Is Bad News’ (ZeroHedge, June 10, 2014):

For the first time since early 2010, the risk of European investment grade credit is lower than that of the US. As BofA notes, recall that the European sovereign crisis escalated in the first part of 2010, as Greece had to be bailed out for the first time, and concerns spread to other countries in the periphery. However, that European spreads have now recovered – after trading at times more than 60bps weaker than US spreads – reflects more on differential technicals (flows) than fundamentals (reality). Credit spreads are currently driven mainly by technicals; this is not to say that technicals in the US credit market are not strong – they are – only that European technicals are stronger. Furthermore, with now completely divergent central banks, BofAML believes that European technicals are going to remain stronger for longer. As they conclude, “relatively stronger US fundamentals lead to relatively weaker technicals,” – or put another way “good news is bad news” for US credit markets… Continue reading »

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Jun 10

EinsteinInsanityQuote

- Little by little, we went insane (Sovereign Man, June 9, 2014):

“Are we finished ? The answer is no.”

- Mario Draghi, President of the European Central Bank, 5th June 2014, having just cut ECB deposit rates to minus 0.1 percent.

“The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists.”

- Ernest Hemingway.

“The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.”

- Vladimir Lenin.

If it looks like insanity, smells like insanity, tastes like insanity, feels like insanity and struts about barking, “This is insanity”, then perhaps it might just be insanity.

“We were in the jungle. We had too much money. We had too much equipment. And little by little, we went insane.”

Not the words of Mario Draghi – yet. They are the words of film director Francis Ford Coppola in relation to his magnum opus, ‘Apocalypse Now’, a film that so outrageously exploded beyond its budget and beyond any reasonable compass that during its making it started being referred to as ‘Apocalypse Later’. Continue reading »

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Jun 08

- Bulgaria Stands Up to EU over Full Ban on GM Crops (Sustainable Pulse, June 3, 2014):

Bulgaria stands categorically against the cultivation of GMO Maize in Europe.

Bulgaria-gmo

After lengthy debates in the European institutions regarding the cultivation of genetically modified maize (GM Maize) in EU Member States, the case was sent to the EU Court of Justice, which ruled that the prohibition on the use and marketing of genetically modified organisms, such as MON 810 GM Maize, was not supported by EU laws.

Source: agri.eu/bulgaria-stands-categorically-against-the-cultivation-of-gmo-corn-in-europe-news5804.html

Continue reading »

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Jun 08

- Monsanto Slammed for ‘Fraudulent’ EU Patent on Non-GMO Tomatoes (Sustainable Pulse, June 2, 2014):

Representatives of the international coalition No Patents on Seeds! from France, Germany and Spain have filed an opposition against a European patent held by Monsanto on conventionally bred tomatoes (EP1812575). The patent claims tomatoes with a natural resistance to a fungal disease called botrytis. The original tomatoes used for this patent came from the international gene bank in Gatersleben, Germany. It was already known that these plants had the desired resistance and they were simply crossed with other tomato plants. Monsanto then produced a cleverly worded patent in order to create the impression that genetic engineering had been used to produce the tomatoes and to make it look ‘inventive’.

gmo-tomato

Text of the opposition and the patent

Further information on tomato patents

“Because crossing tomatoes is not patentable, Monsanto deliberately rephrased the patent during the period of examination to make it appear as if genetic engineering was involved. However, careful reading of the patent shows that this is simply fraudulent. These tomatoes were not produced by transferring isolated DNA. The European Patent Office should have picked up on this,” says Christoph Then for No Patents on Seeds!. “This patent shows just how easy it is for companies like Monsanto to avoid existing prohibitions in patent law.” Continue reading »

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Jun 07

Exactly what I’ve been looking for.

Many thanks to Wolf Richter.

See also:

- Even The Record Stock-Market Bullishness Is Fake (Testosterone Pit, June 6, 2014)


Selling Your European Stocks Before Everyone Sees This Chart? (Testosterone Pit, June 7, 2014):

Flogging savers until their morale improves, that’s how ECB President Mario Draghi is going to fire up the economy in his bailiwick. Among other things, he announced that the ECB would lower key interest rates from nearly nothing to next to nothing and impose negative deposit rates on the reserves that banks stash at the ECB.

The goals beyond destroying savers? Hammering down the euro, but given the efforts by the Fed, the Bank of Japan, and others to hammer down their own currencies, it’s going to be a slog. And motivating over-indebted companies to borrow even more to invest in worthy projects that don’t exist – because if they existed, banks would have already gone after them, awash in liquidity as they are. Continue reading »

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Jun 06

- NIRP Has Arrived: Europe Officially Enters The “Monetary Twilight Zone” (ZeroHedge, June 5, 2014):

Goodbye ZIRP, hello NIRP. Today’s decision by the ECB to officially lower the deposit facility rate to negative (as in you pay the bank to hold your deposits) is shocking, but not surprising: we previewed just this outcome precisely two years ago in “Europe’s “Monetary Twilight Zone” Neutron Bomb: NIRP

Here is what we wrote in June 2012 about Europe’s unprecedented NIRP monetary experiment.

Just because ZIRP is so 2009 (and will be until the end of central planning as the Fed can not afford to hike rates ever again), the ECB is now contemplating something far more drastic: charging depositors for the privilege of holding money. Enter NIRP, aka Negative Interest Rate Policy.

Continue reading »

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Jun 05

H/t reader J. S.:

“The EU is getting desperate,

I didn’t really think they would do it but they did.”


- Updated: ECB Cuts Interest Rates, Introduces Negative Deposit Rate (Kitco News, June 5, 2014):

Following its monthly monetary-policy meeting Thursday, the European Central Bank cut interest rates on its main refinancing operation at by 10 basis points, bringing it down to 0.15%. As expected the central bank introduced a negative deposit facility rate with a 10 basis point cut, bringing it to minus 0.10%

The ECB also dropped its marginal lending facility rate by 35 basis points to 0.45%. Continue reading »

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Jun 04

- ‘Russian troops in Ukraine? What’s your proof of that?’ Putin’s best answers to French media (RT, June 4, 2014):

Vladimir Putin faced a barrage of tricky questions in France from the media ahead of his meeting with world leaders at the 70th anniversary of the Normandy landings. Here are his best replies on key issues: Ukraine, Crimea and relations with the US.

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Jun 04

- France Responds To US BNP Fine, Will Train Hundreds Of Russian Seamen To Operate French-Made Warship (ZeroHedge, May 4, 2014):

France has suddenly found itself battling two populist fronts: on one hand it had to continue its foreign policy track of siding with NATO and the US when it comes to Russian developments; on the other it had to responds to howls of protest from the population bashing the US for having the temerity to punish its flagship bank (recall “France Furious At US $10 Billion BNP “Masterful Slap”, “Racketeering” Fine“). Today, it was revealed that in weighing the two evils, it picked what it thought was the lesser one, and as the WSJ reports “a group of 400 Russian sailors are scheduled to arrive on June 22 in the French Atlantic port of Saint-Nazaire to undergo months of instruction before some of them pilot the first of two Mistral-class carriers back to Russia in the fall, said one of these people.”

 

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Jun 03

obama-nobel-peace-prize

Flashback:

- Putin Laughs Right In Journalist’s Face (Video):


From the video:

“We are on track with our missile defense program.”

Watch the video here:

- European Reassurance Initiative: Obama announces $1bn fund (BBC News, June 3, 2014):

President Barack Obama has announced plans for a $1bn (£600m) fund to increase US military deployments to Europe, during a visit to Poland.

Mr Obama, who will meet Nato leaders amid concerns over the Ukraine crisis, said the security of America’s European allies was “sacrosanct”. Continue reading »

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May 31

The Euro currency sign is seen in front of the European Central Bank (ECB) headquarters in Frankfurt

- Here Comes QE In Financial Drag: Draghi’s New ABCP Monetization Ploy (David Stockman’s Contra Corner, May 30, 2014):

You can smell this one coming a mile away:

The European Central Bank and Bank of England on Friday outlined options to reinvigorate the market for bundled bank loans, which was “tarnished” by the global financial crisis, saying a better-functioning market for asset-backed securities can help boost lending to the private sector, particularly small businesses.

Yes, the ECB is now energetically trying to revive the a market for asset-backed commercial paper (ABCP) – the very kind of “toxic-waste” that allegedly nearly took down the financial system during the panic of September 2008. The ECB would have you believe that getting more “liquidity” into the bank loan market for such things as credit card advances, auto paper and small business loans will somehow cause Europe’s debt-besotted businesses and consumers to start borrowing again  thereby reversing the mild (and constructive) trend toward debt reduction that has caused euro area bank loans to decline by about 3% over the past year.

What they are really up to, however, is money-printing and snookering the German sound money camp. That is, the ECB is getting set to launch QE in financial drag by purchasing or discounting ABCP while loudly proclaiming that it’s not “monetizing” any stinking sovereign debt! Continue reading »

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May 31


Added: May 31, 2014

Description:

In this video Luke Rudkowski, Dan Dicks and Line Sejr go to the Copenhagen Airport to give a friendly greeting to the international 2014 Bilderberg Attendees. As you can see for some strange reason the bilderberg group was very timid and scared of people trying to talk to them for some reason. They sicked their naive marshmallow head security guards on Luke and Dan. After getting temporarily distracted by the security guards the bilderberg organizers moved to a remote non public location far away from anyone because they are afraid of their shadows.

1st Bilderberger confronted was Jason Kenney. He is the Canadian Minister of Employment and Social Development

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