Hungary will initiate a joint alliance of European Union member states rejecting the use of genetically modified organisms in farming with the aim to make the entire European Union free from GMO crops, Hungarian farm minister Sándor Fazekas said on the sidelines of the Global Forum for Food and Agriculture in Berlin at the weekend.
Sandor Fazekas said the countries committed to GMO-free farming must forge an alliance because “we would like to keep our food and our environment healthy and we are convinced that the agriculture of the EU and Hungary can remain competitive with conventional crop and livestock production”.
The Hungarian Farm Ministry said last week that Hungary’s interests were fulfilled when a vote passed in the European Parliament allowed individual member states to ban the cultivation of GM crops. “It is an especially important strategic interest for Hungary laid down in its constitution also to ensure that its agriculture is GMO-free,” he said. Continue reading »
In a ruling Thursday lauded by Costa Rica’s anti-GMO activists, the country’s Constitutional Chamber of the Supreme Court, or Sala IV, struck down the government’s regulatory framework on genetically modified organisms, declaring the process of approval for GMO projects unconstitutional.
In the court’s opinion, Chief Justice Gilbert Armijo Sancho wrote that the regulations violate the Costa Rican Constitution because the secrecy allowed to GMO companies in terms of the genetic information of their products violates the constitutional right to freedom of information. Continue reading »
The new GMO directive passed by Parliament opens the floodgates of GMO authorizations, without actually strengthening the power of the member states, and also assigns a monopoly of expertise to EFSA which is unacceptable, given the infiltration of lobbyists within the health agency.
CRIIGEN press release: Rough translation into English by Claire Robinson
This Tuesday, 13 January 2015, the European Parliament adopted a new Directive that fundamentally changes the game for marketing and cultivation of GMOs in Europe at the expense of legal, health and environmental security. This new European text on “renationalisation of GMO authorization procedures” was meant to be more stringent and aimed, among other things, to “facilitate” national bans on GMO crops. The biotech lobby, with the support of some pro-GMO member states in the European Council (UK, Netherlands, Spain …), still managed to impose its will to introduce more GMOs in Europe. The new directive now gives more power to businesses, working in partnership with the member states with which the authorizations must be negotiated, while facilitating the process of marketing and cultivation of new GMOs. Continue reading »
Mexico is desperately trying to avoid a bioterrorism takeover by Big GMO, which is insistent upon ushering in genetically modified (GM) maize to replace the dozens of native corn varieties already grown throughout the country. The Mexican Chapter of the Permanent Peoples’ Tribunal has issued an urgent plea to the Mexican government to once and for all ban all plantings of GM maize in order to avoid catastrophic losses to the “center of origin and diversity of this staple crop.”
The ruling, which came after the Tribunal spent three years gathering evidence from more than 1,000 organizations on GMO safety and effectiveness, warns that GM maize threatens to contaminate Mexico’s roughly 60 native corn varieties. More than just a staple crop, corn is a cultural treasure of Mexico, and because there is already a natural diversity of it, corn grows exceptionally well without the need for genetic alterations. Continue reading »
New legislation to allow EU member states to restrict or ban the cultivation of crops containing genetically modified organisms (GMOs) on their own territory, even if this is allowed at EU level, was passed by MEPs on Tuesday. The legislation, informally agreed by Parliament and Council in December, was originally tabled in 2010 but was then deadlocked for four years due to disagreement between pro- and anti-GMO member states.
“This agreement will ensure more flexibility for member states who wish to restrict the cultivation of the GMOs in their territory. It will, moreover, signpost a debate which is far from over between pro- and anti-GMO positions” said Frédérique Ries (ALDE, BE), who is steering the legislation through Parliament. Continue reading »
An unthinkable, (although not entirely surprising), discovery has been made by a group called “Moms Across America,” a coalition of mothers fighting to raise awareness and support regarding the dangers of genetically modified organisms (GMOs) and their associated pesticides.
Thanks to contributions provided by sponsors and private citizens, Moms Across America funded an experiment that tested feeding tube liquid used in a pediatric rehabilitation hospital where one of the group’s supporters is employed.
Like a thousand other farmers across the US, Kirk Bair is a farmer looking for ways to grow food economically and with as little labor as possible – but what are the moral implications of planting food you are aware is toxic, and selling it to your friends and neighbors? Is Bair in the right for planting GMO seed, even if conventional seed is hard to come by?
Bair has said:
“When you put a herbicide gene inside a corn seed, soybean, wheat, whatever you’re working with, you’re eating that. You’re ingesting it.”
It is clear that Bair realizes the health dangers of GM crops, but he plants them anyway? Why? He feels he has no choice, and there is a multi-billion dollar industry calling the shots.
Russian President Vladimir Putin has signed the Russian Federation Code of Administrative Offences into law, including a new article establishing liability for the violation of mandatory requirements for the labeling of food products that contain GMOs.
The bill which was submitted by the Federal Service for Supervision of Consumer Protection and Welfare (Rospotrebnadzor) imposes fines for vague or unclear labeling on food products containing genetically modified ingredients. Continue reading »
In this study by Egyptian scientists a diet containing GM soy and maize fed to rats for 30, 60 and 90 days caused a wide range of toxic effects, including DNA damage, abnormal sperm, blood changes, and damage to liver, kidney and testes.
Some of the same team of researchers have also published a separate study which showed that ingested fragments from the CaMV-35S promoter used in many GM crops incorporated into blood, liver, and brain tissues of experimental rats.
1. Biological impact of feeding rats with a genetically modified-based diet
The nonprofit consumer advocacy group Consumer Reports has released a new report on genetically-modified organisms (GMOs) that warns of inadvertent deception and possible outright fraud in non-GMO claims that aren’t certified by independent third parties such as the NON-GMO Project.
The popular tortilla chip brand “Xochitl Totopos de Maiz,” according to the report, is actively selling tortilla chips all across America that bear a “No GMO” label, but that contain high amounts of GM corn. Tests conducted on six separate lots of the product revealed 75 percent or more GM corn content, despite labels to the contrary.
Patent EP1812575 held by Monsanto has been revoked by the European Patent Office (EPO) after the international coalition No Patents on Seeds! filed an opposition in May 2014.
A further opposition was filed by Nunhems / Bayer CropScience. In November 2014, Monsanto requested that the patent be revoked in its entirety and the EPO complied with this request.
The patent covered conventionally bred tomatoes with a natural resistance to a fungal disease called botrytis, which were claimed as an invention. The original tomatoes used for this patent were accessed via the international gene bank in Gatersleben, Germany, and it was already known that these plants had the desired resistance. Monsanto 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’. Continue reading »
At least 124 food and outreach organizations, as well as 26 individual scientists, have signed onto a letter sent to the Bill & Melinda Gates Foundation protesting ongoing human trials of genetically modified (GM), beta-carotene-enriched bananas intended for Africa.
The GM bananas, which never underwent animal trials, are currently being administered to 12 students attending Iowa State University (ISU), presumably without full disclosure as to the many unknown risks involved. Continue reading »
Supporters of an Oregon ballot initiative requiring labels on genetically-modified food acknowledged defeat on Thursday after an automatic recount failed to sway the results of November’s vote and a judge denied their plea for a count of rejected ballots.
The Yes on 92 campaign said there were no legal routes left for them in their efforts to reverse the Nov. 4 vote in which Measure 92 – which would have required manufacturers, retailers, and suppliers to clearly label all genetically-engineered foods or ingredients in raw or packaged items – was defeated by only 812 votes out of 1.5 million. Continue reading »
Wiesenhof, the largest German poultry producer, has announced that it will turn back to using GM-free animal feed due to consumer demand.
Wiesenhof’s U-turn comes just 10 months after the German Poultry Association (ZDG) unilaterally declared that it was stopping using GM-free animal feed, following similar moves by other associations in England and Denmark. The reasons provided for the step after over a decade of GMO-free feeding were an alleged shortage of GMO-free soya, the risk of contamination, and the associated legal uncertainty.Source: www.spiegel.de
Wiesenhof confirmed on Friday that they will soon be in a position to supply GM-Free fed poultry again, as this is what is “desired by customers”. Continue reading »
According to the Norwegian Biotechnology Advisory Board, the Norwegian Food Safety Authority has stopped approving (on a yearly basis) GMOs for use in fish feed that contain genes coding for antibiotic resistance. According to the Advisory Board, this applies to 8 out of 19 GMOs which the fish feed industry had previously been given permission to use since 2008.
“The fear is that genes in the GM feed that code for antibiotic resistance may be taken up by various bacteria in the soil in the country where the GMO is produced, in the feed production chain, or in the gut of the fish. Scientists know little about to what extent, or if, this happens with genes that are inserted via genetic modification, but few would deny that it could happen. If the genes first have entered into a bacterium [during the genetic engineering process], they may quickly spread further.” Continue reading »
It also means that total US debt to nominal GDP as of Sept 30, which was $17.555 trillion, is now 103%. Keep in mind this GDP number was artificially increased by about half a trillion dollars a year ago thanks to the “benefit” of R&D and intangibles. Without said definitional change, debt/GDP would now be about 106%.
It also means that total US debt has increased by 70% under Obama, from $10.625 trillion on January 21, 2009 to $18.005 trillion most recently.
And now we wait for the US to become Spain, and add the estimated “contribution” from hookers and blow to GDP, once again pushing the total debt/GDP ratio below the psychological 100% level.
With the apparent goal of ‘protecting civilians’ from ISIS and Syria’s al-Assad, the US and Turkey appear to be close to agreeing on the creation of a no-fly-zone along a portion of the Syrian border. As WSJ reports, U.S. and Turkish officials have narrowed their differences over a joint military mission in Syria that would give the U.S. and its coalition partners permission to use Turkish air bases to launch strike operations against Islamic State targets across northern Syria. The no-fly-zone would provide sanctuary to Western-backed opposition forces and refugees. As Bloomberg notes, this is a significant reversal of Obama’s earlier policy (fearing it would be a significant strain on the U.S. Air Force and put fliers in mortal danger) pushing US closer to outright proxy war with Russia via direct confrontation with al-Assad’s airforce.
NDCC war room. Computer simulation. Image by Defence Ministy
Russia is launching a new national defense facility, which is meant to monitor threats to national security in peacetime, but would take control of the entire country in case of war.
The new top-security, fortified facility in Moscow includes several large war rooms, a brand new supercomputer in the heart of a state-of-the-art data processing center, underground facilities, secret transport routes for emergency evacuation and a helicopter pad, which was deployed for the first time on Nov. 24 on the Moscow River. The Defense Ministry won’t disclose the price tag for the site, but it is estimated at the equivalent of several billion dollars.
ermany’s international broadcaster Deutsche Welle (DW) published a video report of immense implications – possibly the first national broadcaster in the West to admit that the so-called “Islamic State” (ISIS) is supplied not by “black market oil” or “hostage ransoms” but billions of dollars worth of supplies carried into Syria across NATO member Turkey’s borders via hundreds of trucks a day.
The report titled, “‘IS’ supply channels through Turkey,” confirms what has been reported by geopolitical analysts since at least as early as 2011 – that NATO member Turkey has allowed a torrent in supplies, fighters, and weapons to cross its borders unopposed to resupply ISIS positions inside of Syria.
In one surreal scene from the DW report, anti-Syria terrorists are seen walking across the border and literally shot dead just on the other side by Kurdish fighters.
Local residents and merchants interviewed by Germany’s DW admitted that commerce with Syria benefiting them had ended since the conflict began and that the supplies trucks carry as they stream across the border originates from “western Turkey.” The DW report does not elaborate on what “western Turkey” means, but it most likely refers to Ankara, various ports used by NATO, and of course NATO’s Incirlik Air Base.
Yesterday, when we commented on what was largely a pre-determined outcome of the Swiss gold referendum, we said that there still “is the question of what happens to the tension in the gold swap market: as noted last week, the 1 Month GOFO rate had tumbled to the most negative in over a decade. It was not clear if this collateral gold squeeze was the result of Swiss referendum overhang or due to other reasons. The market’s reaction on Monday should answer those questions.”
Well, a few hours ago we got the GOFO update for the “day after” and the answer is clear: it wasn’t fear of the Swiss referendum after all because the 1 Month GOFO just crashed even deeper into negative territory with the entire curve through 6M now red, and with 12 month GOFO just 0.6 bps away from negative for the first time. At this rate, tomorrow’s update will suggest that big institutions expect the gold swap shortage to persist through the end of 2015!
Also, judging by the gold reaction, which is about $50 from the overnight lows, someone else appears to have noticed that the rather shocking shortage of synthetic gold among institutions, which is finally seeping through into that whole “price discovery” process, where supply and demand actually matter.
Bottom line: whatever caused the record scramble for rehypothecated gold, it wasn’t fears about the outcome of the Swiss referendum. Something else spooked the precious metal a month ago, and as seen on the chart above, things have only gotten progressively worse since then.
As noted previously, total US debt is now over $18 trillion. Here is where it gets even more surreal: debt held by the public on January 20, 2009, Obama’s inauguration day, was $6.3 trillion. It is now $12.9 trillion, a 105% increase. And here, for your viewing pleasure, is Senator Barack Obama saying on July 3, 2008, that the $4 trillion in debt added by Bush was “irresponsible and unpatriotic”…
With a third of S&P 500 capital expenditure due from the imploding energy sector (and with over 20% of the high-yield market dominated by these names), paying attention to any inflection point in the US oil-producers is critical as they have been gung-ho “unequivocally good” expanders even as oil prices fell. However, as Reuters reports, new data suggests that the much-anticipated slowdown in shale country may have finally arrived – permits for new wells dropped 15% across 12 major shale formations last month, as one analysts warns, “the first domino is the price, which causes other dominos to fall.”
When a well paid NFL football lineman quits the game to raise food for the needy, that’s an unusually interesting story. After St. Louis Rams center Jason Brown decided to leave the game for good, his agent told him that he was making the biggest mistake of his life. Jason adamantly replied, “No I’m not. No I’m not.
The build-up of NATO forces in Eastern Europe is hostile and destabilizes the Baltic, once the safest region in Europe, a senior Russian diplomat charged. The alliance’s chief accused Moscow of conducting aggressive exercises close to NATO borders.
The trade of accusations between Russia and NATO continued on Monday ahead of a NATO ministerial meeting this week.
By bringing in more weapons to Eastern Europe, some of them with highly-destructive power, the North Atlantic alliance is undermining regional security, Russia’s deputy foreign minister told Interfax.
“What are NATO military commander in Europe Philip Breedlove and the likes of him doing? They are trying to shake up the most stable region in the world, which is Europe’s north. Those endless military exercises, rebasing of aircraft capable of delivering nuclear weapons to the Baltic nations. This is the reality, a very negative one,” he said.
Big news for the Right to Know movement! Awareness regarding the dangers of genetically modified organisms (GMOs) has mushroomed, forcing the world to finally put genetically spliced food under the microscope.Organizers announced in London on November 11 that they will be performing the world’s first ever comprehensive and independent study on the safety of GMOs and their associated pesticides. Referred to as “Factor GMO,” the project has already begun the preparatory phase, but the full-blown experiment is expected to launch in 2015.The $25 million study will be the first long-term combined GMO/pesticide safety study involving multi-generational, toxicology and carcinogenicity arms. “Neutral” scientists with reportedly NO ties to the biotech industry or anti-GMO movement will be monitoring 6,000 rats fed GM corn over a three-year period.
The most popular name for baby boys in the UK is Muhammad, according to a new chart for 2014 compiled by BabyCentre. The name, also spelled as Mohammed and often given after the Muslim prophet, has seen an enormous gain in popularity, jumping 27 ranks.
So you don’t indulge in sugar. You never take antibiotics. You eat a pretty good diet. Why are you still battling Candida?You may have to look no further than your mouth. If you have amalgam fillings – mercury fillings – the cause of your Candidiasis might be staring back at you.
Over 50 percent of the government’s elected Police and Crime Commissioners (PCC) have been accused of misconduct and subsequently probed by the state’s policing watchdog, new figures reveal.
The Independent Police Complaints Commission (IPCC) has investigated “44 referrals from police and crime commissioners” relating to potential impropriety on behalf of 23 separate police chiefs, a spokesman for the body said on Monday.
This figure amounts to more than half of the 41 PCCS who were officially elected in November 2012, he told RT.
Unless the scientific community and political leaders act soon, cold, dark days are ahead, because the evidence is clear that the earth is rapidly growing colder because of diminished solar activity, says author John L. Casey, former NASA consultant.
Trends indicate we could be headed for colder temperatures similar to those seen in the late 1700s and early 1800s when the sun went into a “solar minimum” — a phenomenon with significantly reduced solar activity, including solar flares and sunspots, says Casey.
In his new book “Dark Winter,” Casey posits that a 30-year period of cold has already begun. Frigid temperatures and the food shortages that inevitably result could lead to riots and chaos.
“All you have to do is trust natural cycles and follow the facts, and that leads you to the inevitable conclusion that the sun controls the climate, and that a new cold era has begun,” says Casey.
Is it any surprise oil prices are cratering? With global GDP expectations plumbing cycle lows, JPMorgan just confirmed the global slowdown is accelerating as their Global Manufacturing PMI printed 51.8 – its slowest level of ‘expansion’ since September 2013.New Orders fell to the lowest reading since July 2013 and New Export Orders to the lowest since June 2013.
For the 3rd month in a row, US Manufacturing PMI dropped from 4-year highs to 10-month lows. At 54.8, missing expectations of 55.0 (and down from 55.9) for the 5th month of the last 6 as extrapolated hopes fade into the usual cyclical un-decoupled collapse into year-end (but ignore NRF data). Sadly for the bullish decoupling meme, Markit notes, “the principal cause of the slowdown is a renewed downturn in export orders, which fell for the first time since January.” So, amid all of this doom, ISM then beat expectations, printing 58.7 vs 58.0 expectations (down slightly from October’s 59.0 print) led by – rather ironically – new export orders surging… US data has gone full China.
Thousands of people have resigned from the Lutheran Church in Finland, after the nation’s parliament approved a same-sex marriage law and the church’s archbishop expressed support for the vote, Finland’s Yle News reported.
Another day full of global macroeconomic disappointments is certain to send the S&P500 to all time-higherest records as 100,000 or so E-mini contracts exchange hands between central banks and Citadel’s algos.
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.”
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.
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)…
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.”
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:
“Now, what shall we do with all this oil money….I know, let’s buy a zoo & shoot all the animals…..what fun that would be…….hey, we could even make even more people homeless and maybe even feed them to the animals.
40,000 Masai people will be evicted from their homeland in Tanzania, because the Dubai royal family has bought it with the intention of using it as a reserve to hunt big game. Last year, the Tanzanian government had resisted the purchase, proposing instead a “wildlife corridor” dedicated to hunting near the Serengeti national park. However, the deal will still reportedly go through, and the Masai will have to leave by the end of the year.
As a side note: It is well known that radiation makes viruses (also harmful bacteria and other parasites) become more virulent:
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.
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…
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.”
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
Those guidelines apply only to the law enforcement agencies overseen by the Justice Department. Within the Treasury Department, undercover agents at the I.R.S., for example, appear to have far more latitude than do those at many other agencies. I.R.S. rules say that, with prior approval, “an undercover employee or cooperating private individual may pose as an attorney, physician, clergyman or member of the news media.”
Across the federal government, undercover work has become common enough that undercover agents sometimes find themselves investigating a supposed criminal who turns out to be someone from a different agency, law enforcement officials said. In a few situations, agents have even drawn their weapons on each other before realizing that both worked for the federal government.
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.
Attempting to explain this reality to people is the primary focus of my life at the moment. It’s incredibly difficult to do, because stories spun by mainstream media and other vested interests convince the gullible population to fight amongst themselves in petty, meaningless narratives.
In a nation in which 1 out of every 3 homes is unaffordable, you’d think the primary goal of public policy wouldn’t be to ensure real estate becomes even more out of reach for the average citizen. However, we live in a country in which policy isn’t being driven by logic and what’s in the best interest of “the people,” rather, we live in an neo-feudalistic society in which policy is being driven by what is best for a handful of white-collar criminals.
Wrong, Rand Paul has completely sold out to TPTB, just like Bush, Obama & Clinton:
While we no longer live in a world in which debt matters – because central banks will just monetize it in their ongoing and no longer covert effort to reflate the final bubble – and thus debt ratings are an irrelevant anachronism from a bygone era, we can’t help but recall a certain statement by S&P from September of last year, in which the rating agency reminded everyone just why Japan has to proceed with both its first sales tax hike from 5% to 8%, (which, together with weather, has now been blamed on Japan’s shocking quadruple-dip recession), but also the follow up from 8% to 10%, which as we now know, has been delayed indefinitely, and which was supposed to prefund welfare spending for Japan’s demographic disaster which with every passing day gets closer and closer.
Since Ben Bernanke reminded the world of the existence of government printing-presses, echoed Milton Friedman’s “helicopter drop” solution to fighting deflation, and decried Japan for not being as insane as it could be… it has only been a matter of time before some global central bank decided that the dropping of cash onto the populace was the key to economic recovery. Having blown their wad on QQE (and been left with a triple-dip recession), it appears Japan has reached that limit. As Japan’s News47 reports, Prime Minister Shinzo Abe has instructed his cabinet to develop economic measures such as handing out ‘gift certificates’ to the poor to “support personal consumption directly.”
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..
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.
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.#
“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.”
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:
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):
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.
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:
Lawsuit comes just one day after supporters of GMO planting ban in Hawaii filed a motion of their own with local courts seeking “transparency and proper implementation” of the moratorium approved by voters on Election Day