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 15

Рабочая поездка В.Путина во Владивосток

- ‘Economic isolation breach of intl law': Top 5 takeaways from Putin ahead of G20 (RT, Nov 14, 2014):

Vladimir Putin says the G20 must address global imbalances together, and economic isolation, especially in the case of sanctions, which not only leads nowhere but is a crude violation of international economic law.

Here are the Russian president’s top takeaways he gave in an interview to TASS ahead of the G20 summit being held in Brisbane, Australia from November 14-15.

В.Путин провел совещание с членами правительства РФ

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Nov 14

Amazon drone testing, America - 02 Dec 2013
The Prime Air unmanned aircraft that Amazon is working on that could deliver packages in 30 minutes or less. Photograph: Rex Features

- Amazon to begin testing same-day delivery drones in Cambridge (Guardian, Nov 12, 2014):

Online retailer expands R&D operations in England, two years after buying Cambridge-based startup Evi Technologies

Amazon is planning to test drones in Cambridge, England, as the battle to offer consumers same-day deliveries heats up.

The US company announced with considerable fanfare late last year that it was considering using drones as a way of dramatically reducing the time it takes to deliver orders to customers. At the time there was speculation that the move was little more than a publicity stunt. But Amazon said in July that it had sought permission from the US Federal Aviation Administration to test drones that could fly as fast as 50 miles per hour for up to 30 minutes at a time to deliver packages weighing up to 2.3kg (5lb). Continue reading »

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Nov 05

Alternative-Für-Deutschland-Gold

- German Euro Sceptic Party Sells €1.6 Million of Gold Bullion In Two Weeks (Goldcore, Nov 4, 2014):

Disillusionment with Europe’s single currency continues to grow with the cracks beginning to show in it’s heartland, Germany, where the third largest political party is now selling gold coins and bars to raise funds.

In a poll in September Alternative for Germany (AfD) were found to be Germany’s third most popular party. The rise of the Alternative for Germany (AfD) party saw it receive 10.6% of the vote in Thuringia and 12.2% in Brandenburg on 14 September. Two weeks earlier it secured its first regional government seats in Saxony.

AfD are not anti-EU per se and have distanced themselves from other eurosceptic parties. They see a future for Germany in the EU and embrace common markets but wish to see the European Monetary Union (EMU) and the euro itself wound up and a return to the Deutschmark. Continue reading »

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Oct 31

- The Wrath of Draghi: First German Bank Hits Savers with ‘Negative Interest Rates’ (Wolf Street, Oct 30, 2014):

Deutsche Skatbank, a division of VR-Bank Altenburger Land, which was founded in 1859, is not the biggest bank in Germany, but it’s the first bank to confirm what German savers have been dreading for a while: the wrath of Draghi.

Retail and business customers with over €500,000 on deposit as of November 1 will earn a “negative interest rate” of 0.25%. In less euphemistic terms, they have to pay 0.25% per annum to the bank for the privilege of handing the bank their hard-earned money or their business cash. Continue reading »

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Oct 30

Flashback.



Nov 25, 2011

Conspiracy Con 2002, Marriott Hotel Santa Clara CA, May 26, 2002

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Oct 21

- US Army withheld promise from Germany that Ebola virus wouldn’t be weaponized (RT, Oct 20, 2014):

he United States has withheld assurances from Germany that the Ebola virus – among other related diseases – would not be weaponized in the event of Germany exporting it to the US Army Medical Research Institute for Infectious Diseases.

German MFA Deputy Head of Division for Export Control Markus Klinger provided a paper to the US consulate’s Economics Office (Econoff), “seeking additional assurances related to a proposed export of extremely dangerous pathogens.”
Continue reading »

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Oct 18

- Strange Liaisons? Putin Visits Berlusconi’s Home At 3am After Warning Merkel Of Gas Squeeze (ZeroHedge, Oct 17, 2014):

It appears Bunga-Bunga boy still has something to offer the international elite. After a lengthy meeting with Germany’s Angela Merkel (at a hotel in Milan) where Putin warned of “big transit risks” in delivery of Europe’s gas as Ukraine is “starting to siphon off our gas from the export pipeline,” and threatening to respond by “reducing flows by the amount stolen;” Putin decided the place to be was 78-year-old Berlusconi’s house at 3am. Finally, it is worth noting that Ukraine’s President Poroshenko was scheduled to meet with Frau Merkel this morning – we assume to plead his case for why gas transit should flow through his nation (and beg for some more support).

As Bloomberg reports, Continue reading »

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Oct 18

- Handelsblatt: “Four German Banks On The Brink” (ZeroHedge, Oct 17, 2014):

Several days ago we were confused why, out of the blue, a €1 billion loan BWIC appeared that was dumping German non-performing loans. After all, the whole point of the European “recovery” fable to date has been to deflect all the attention from the “pristine” German banks, up to an including world-record derivatives juggernaut Deutsche Bank,  and to focus on Greece and other insolvent peripheral European nation. Earlier today, German Handelsblatt provided an answer, when it reported that “four German banks are on the brink”, i.e., four banks of which three are known, HSH Nordbank, IKB and MunchenerHyp, will likely fail the ECB’s stress test whose results are due to be announced next Friday.

Keep in mind that this is a significant fraction of the 24 German banks that are undergoing the ECB’s Stress farce test. So one wonders: if one in six German banks is so unsafe even the ECB (which kept Cypriot banks going well past their insolvency) will give them a black stamp (because in Europe failing a bank stress test is first of all impossible since both Bankia and Dexia passed theirs with flying cololrs, but more importantly a death sentence), what does that leave for the rest of Europe’s banks, all of which are in far more dire shape than sleepy Germany?

In any case, here is Handlesblatt’s warning: Continue reading »

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Oct 18

One reader at RT commented:

“Swiss is quickly becoming an oasis in the vast desertification of eurozone.”

… but only an oasis for the rich and powerful, …

… at least that is what reports that are coming in on my end tell me.

I’ve also been told that you cannot go there anymore, because it simply has become far to expensive.

Will Switzerland be (again) a refuge for elite when the financial collapse (and WW3) will take place?


Switzerland

- Switzerland cuts growth forecast, blames slowing Europe & geopolitical crisis (RT, Oct 16, 2014):

Even the Swiss economy isn’t immune to the “fragile and vulnerable eurozone” and has cut growth forecasts for this year and next. The government points its finger at weak exports to Germany and geopolitical crisis in Ukraine and the Middle East.

The Swiss government has cut back its GDP expectation to 1.8 percent from 2.0 percent growth in 2014, the second revision this year, the State Secretariat for Economics (SECO) said in a statement Thursday. Continue reading »

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Oct 16

- Experts Slam Inconclusive German Glyphosate Risk Assessment (Sustainable Pulse, Oct 10, 2014)

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Oct 15

- German economy in ‘choppy waters’, as growth forecast slashed to 1.2% (RT, Oct 14, 2014):

The German Ministry of Economic Affairs has slashed its forecast of growth this year to 1.2 percent, which is mounting evidence that Europe’s biggest economy is losing steam.

The numbers released Tuesday are a significant downward revision from the 1.8 percent growth expected earlier in the year. Growth for 2015 was also revised down to 1.3 percent from 2 percent, the ministry said. Continue reading »

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Oct 13

- Why Tomorrow It Could Get Even Worse (ZeroHedge, Oct 13, 2014):

While today’s market dump was certainly dramatic, it was a function of the scant liquidity in the market (as we warned would be the case first thing) and outsized moves following last week’s mauling, not the result of any fundamental (or not so fundamental) news.

That could change tomorrow, and change for the worse, because as Barclays reminds us, tomorrow is when the European Court of Justice (ECJ) is scheduled to hear testimony on the ECB’s non-existent Outright Monetary Transactions program (OMT). Recall that the OMT is the imaginary (again: non-existent) byproduct of Draghi’s “whatever it takes” speech: a byproduct that was supposed to exist purely in the imaginary realm (as it was merely a verbal bluff, one which was never meant to be actually activated), and never actually take practical shape (hence, why the OMT’s legal term sheet still does not exist, over two years later).

Sadly for Draghi, and the entire Deus Ex theater that managed to send European peripheral bonds from record wides yields to record low, tomorrow it will attain some much dreaded shape.

And while a ruling on the legal questions forwarded by Germany’s Constitutional Court is not expected this year, the hearing and questions posed by EU judges may give some early insights into their views and to what extent they might share the view of the German court that, unless several restrictions are imposed, the OMT should be considered illegal under European law. Continue reading »

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Oct 13

- Draghi The Dictator: “Working With The Germans Is Impossible” (ZeroHedge, Oct 12, 2014):

The war of words between Europe’s unelected monetary-policy dictator Mario Draghi and Germany’s “but it’s us that pays for all this” Bundesbank has been gaining momentum since Jens Weidmann penned his Op-Ed slamming Draghi’s OMT ‘whatever it takes’ as “too close to state financing” in 2012. A week ago, Weidmann stepped up the rhetoric by claiming ECB policy is “hostage to politics” and has lost its indepdendence – warning Draghi’s dictatorial policies were leading Europe down a “dangerous path.” But now, as pressure grows from the Spanish (record unemployment, record bad debt, record low yields), Italian (record unemployment, record debt-to-GDP, record low yields) and French (record unemployment, treaty-busting-deficits, record low yields) for Draghi to monetize more assets, he has struck back in Focus magazine, blasting Weidmann is “impossible” to work with because the Germans “say no to everything.” Dis-union… Continue reading »

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Oct 10

Related info:

- CDC Suggests ‘Hermetically Sealed Coffins’ For Ebola Victims – AKA ‘FEMA Coffins’

Goverment Emergency Manager: ‘Ebola Outbreak is Being Conducted On Purpose; Violates All Protocols’ (Video)


ebola-us

- Ebola Pandemic Hits Germany, Turkey, And Australia As Infected Spanish Nurse Went Un-Quarantined For A Week (ZeroHedge, Oct 9, 2014):

Despite the still confident exclamations from officials that the Ebola pandemic is ‘contained’, more and more nations are admitting to Ebola-symptomatic cases or bringing infected patients back from Africa for treatment. Australia has its first potential case of the deadly disease, as Bloomberg reports a nurse who returned from volunteering in Africa has developed Ebola-like symptoms. Despite claims that Nigeria’s outbreak is over, a Turkish worker there has been hospitalized in Istanbul after signs of high fever and diarrhea. Health officials from Germany confirm a 3rd Ebola patient has arrived in the country – having contracted the disease in Liberia. And finally, just as in the sad case of Thomas Duncan in Dallas, The Guardian reports the infected Spanish nurse went untreated and unquarantined for a week despite reporting symptoms at least three times to hospital officials. It seems the world is ill-prepared for this…

Bloomberg reports, a nurse who treated Ebola patients with the Red Cross in Sierra Leone was hospitalized in Australia after developing a low-grade fever, health officials said. She is being tested for the deadly virus.

Continue reading »

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Oct 10


Uploaded on Sep 29, 2014

Interview with Udo Ulfkotte, former editor of one of Germany’s main daily publications, Frankfurter Allgemeine Zeitung.

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Oct 09

germany-kurds-muslims-brawls2.si

- Pro-ISIS radicals with machetes, knives attack Kurds in Germany (VIDEO) (RT, Oct 8, 2014):

Peaceful protests against IS in Syria and Iraq organized by Kurdish nationals in several German cities ended with serious clashes with pro-jihadist Muslims in Hamburg and Celle. Police had to request reinforcements to restore order.

Police in Hamburg, a port city of 1.8 million people, used water cannons, batons and pepper spray late Tuesday to disperse crowds of warring Kurds and pro-jihadist Muslims, armed with knives and brass-knuckles, following a protest against Islamic State militants who are attacking the Kurdish town of Kobani in Syria near the Turkish border.

At first, on Tuesday afternoon about 80 Kurdish protesters occupied Hamburg’s central train station for an hour, NDR.de reported. The Kurdish protesters left the railways voluntarily after 6pm, a police spokesman said.

A bigger group of about 500 Kurdish demonstrators marched through downtown Hamburg. On their way, they damaged several cars and Turkish snack bars, breaking panes of glass and throwing around plastic chairs. Police detained 14 rioters. Continue reading »

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Oct 09

- Leading German Journalist Admits CIA ‘Bribed’ Him and Other Leaders of the Western ‘Press’ (Washington’s Blog, Oct 7, 2014):

Udo Ulfkotte, a former editor of Frankfurter Allgemeine Zeitung (which is one of Germany’s largest newspapers), has decided to go public about the corruption of himself and the rest of the Western ‘news’ media, because he finds that this corruption is bringing Europe too close to a nuclear war against Russia, which he concludes the U.S. aristocracy that controls the CIA wants to bring about, or else to bring closer to the brink.

He told Russian Television:

I’ve been a journalist for about 25 years, and I’ve been educated to lie, to betray, and not to tell the truth to the public. … The German and American media tries to bring war to the people in Europe, to bring war to Russia. This is a point of no return, and I am going to stand up and say … it is not right what I have done in the past, to manipulate people, to make propaganda against Russia, and it is not right what my colleagues do, and have done in the past, because they are bribed to betray the people not only in Germany, all over Europe. … I am very fearful of a new war in Europe, and I don’t like to have this situation again, because war is never coming from itself, there is always people who push for war, and this is not only politicians, it is journalists too. … We have betrayed our readers, just to push for war. … I don’t want this anymore, I’m fed up with this propaganda. We live in a banana republic, and not in a democratic country where we have press freedom. … Continue reading »

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Oct 07

- Global Equities In “Sea Of Red” After German Industrial Data Horror, Hints Japan May Give Up On Weak Yen (ZeroHedge, Oct, 7, 2014):

While the economic data, especially out of Europe, just keeps getting worse by the day, with the latest confirmation that Europe is now officially in a triple-dip recession coming out of Germany and the previously observed collapse in Industrial Production which tumbled the most since February 2009, it was once again the Dollar and especially the New Normal favorite currency, the Yen, that was in everyone’s sights overnight, when it first jumped to 109.20 only to slide shortly after midnight eastern, when Abe repeated once again that a plunging Yen is hurting small companies and consumers – and to think it only took him 2 years to read what we said would happen in late 2012 - but also the BOJ minutes which did not reveal any addition easing, which apparently disappointed algos and triggered USDJPY slel programs, pushing the USDJPY 80 pips lower to 108.40. Continue reading »

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Oct 07

This is the Greatest Depression.

Prepare for collapse.


Europe’s Triple-Dip Recession Arrives: German Industrial Production Crashes Most Since February 2009 (ZeroHedge, Oct, 7, 2014):

A few hours ago we finally got undeniable confirmation that Europe is once again in recession, its third since Lehman, only this one is worse: it is led by the “core” countries, with Germany in the forefront, a Germany which just reported industrial output which suffered its biggest monthly decline in more than five years in August. Specifically, German IP tumbled 4%, led by capital goods which crashed 8.8%; consumer goods sliding 0.4%, and basic goods dropping 1.9%, with the headline plunge far below the consensus of -1.5%, and below even the worst forecast of -3.0%, the biggest drop since February 2009, a result which according to the FT rose “fears that Europe’s biggest economy might be heading for recession and prompting renewed concern about the economic health of the eurozone.”

 

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Oct 06

H/t reader squodgy:

“Yet another one backs down, grovelling and asking for forgiveness…..”

And for all those who didn’t know:

Anybody in Germany criticizing the Federal Reserve is now being labeled as anti-Semitic!

Well, at least that should give all those totally ignorant people a clue who is really behind the Fed.

Dear Sabine Wölfle, please add this book to your Facebook page and call your post:

The Rothschilds: One family rules the world” – A well documented conspiracy FACT!

Die Rothschilds - Eine Familie beherrscht die Welt
(I find this cover to be  … very appropriate!)

@Amazon.de: Die Rothschilds: Eine Familie beherrscht die Welt.  (Preis: EUR 22,95

(Book title: The Rothschilds: One family rules the world.)

Some quotes:

“If my sons did not want wars, there would be none.”
- Gutle Schnaper, wife of Mayer Amschel Rothschild
“I care not what puppet is placed on
the throne of England to rule the Empire, …
The man that controls Britain’s money
supply controls the British Empire.
And I control the money supply.”
- Baron Nathan Mayer Rothschild
“The best time to buy is when blood is running in the street.”
- Baron Nathan Mayer Rothschild


German Jewish social democrats slam her for anti-Semitism.
Edmond De Rothschild
A logo of Banque Privee Edmond de Rothschild. (photo credit:REUTERS)

- German politician posts anti-Semitic video of ‘Rothschilds controlling the world’ (The Jerusalem Post, Oct 1, 2014):

BERLIN – The working circle of Jewish Social Democrats blasted on Wednesday a German social democratic politician for posting a crude anti-Semitic conspiracy video about the Rothschild family on her Facebook page.

“This morning we became aware that the SPD regional politician Sabine Wölfle posted an anti-Semitic and conspiratorial video on her Facebook page. We are shocked that a regional politician lacks basic knowledge about the connotations of conspiracy theories, in which the frequently mentioned, all-encompassing, financial power of the Rothschild family stands at the center. We demand a clear apology for the spreading of anti-Semitic propaganda.”

Wölfle serves as a member of parliament for the Social Democrats in the government of the southern German state of Baden-Württemberg.

German anti-Semites have long depicted the Rothschilds as a nefarious family determined to control the world. Nazi Germany produced a 1940 film tiled “The Rothshilds” showing the Jewish Rothschild family as a lethal threat to Germany. The conclusion of the film shows a burning Star of David over a map of England, suggesting that the Jews control the United Kingdom in its war against Nazi Germany.

The alleged anti-Semitic video posted by Wölfle is titled “The Power of the Rothschilds.” The video, which was viewed by The Jerusalem Post, claims the family dominates the financial capital London and “control the media.” The narrator says the Rothschilds are responsible for the “mass murders of millions.” Continue reading »

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Sep 28

- Standard & Poor’s Warns on Germany Triggering the Next Debt Crisis, Investors Would Lose their Shirts (Wolf Street, Sep 24, 2014):

A true debacle happened. Just when we thought the euro was safe, that ECB President Mario Draghi had single-handedly duct-taped the Eurozone back together in the summer of 2012 with his magic words, “whatever it takes.” Markets assumed that they were backed by the ECB’s printing press, and they loved their assumption. Spanish, Italian, even highly dubious Greek debt, some of it with a fresh haircut, soared. And hedge funds and banks gorged on it and loved it. The debt crisis was over! Stocks soared even more. Money was being made.

So bank bailouts continued, and the Eurozone recession proved to be a nasty long-term affair, but no problem, everything seemed to be guaranteed by the ECB. Debt-sinner countries, as Germans like to call them, could suddenly borrow for nearly free, and neither deficits nor debts mattered to financial markets.

But now comes ratings agency Standard & Poor’s and douses our illusions, because that’s all they were, with a bucket of ice water. The soaring popularity and electoral successes of Germany’s anti-euro party, Alternative for Germany (AfD), could push Chancellor Angela Merkel and her party, the conservative CDU, to take a harder line against bailouts, hopes of QE, and all manner of other ECB miracles that financial markets had been counting on. And it could spook them. And the nearly free money could suddenly dry up. So S&P warned: Continue reading »

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Sep 26

- Bill Gross Quits PIMCO, Which He Co-Founded, Joining Janus (ZeroHedge, Sep 26, 2014):

After co-founding PIMCO in 1971, Bill Gross has called it quits…

  • *WILLIAM H. GROSS JOINS JANUS CAPITAL
  • *JANUS:GROSS TO START MANAGING FUND,RELATED STRATEGIES OCT.6,’14

“I look forward to returning my full focus to the fixed income markets and investing, giving up many of the complexities that go with managing a large, complicated organization,” said Mr. Gross.

Janus stock is +20% on the news. 40% now!) Continue reading »

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Sep 23

FrechProtext9-21-2014

- The Decline & Fall Of Europe: French Farmers Set Tax Office On Fire (Zerohedge, Sep 23, 2014):

French vegetable farmer have set a tax office and a building on fire destroying the government facility which was the symbol of the increasing administrative burden and sanctions that is killing farming. Hundreds of tractors and trailers of the farmers converged on Friday evening before the building of the Agricultural Social Insurance (MSA) in the town of Morlaix (Brittany). There they dumped unsold potatoes and artichokes before the MSA-building and added pallets and tires setting the entire lot on fire. Thereafter, the farmers moved on to the tax office set that on fire as well. The protests also took place in numerous other places as well, however, only these two government buildings were totally destroyed.

The association of vegetable farmers had announced the protest action on Friday. The background is that for years the bureaucracy for farmers have magnified the economic decline and their plight with constant new regulation of everything. The economic situation of farming in Europe has been seriously pushed too far with the US sanctions against Russia. The agricultural crisis caused by Obama is increasingly deteriorating with far too many farmers throughout Europe losing everything. Continue reading »

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Sep 23

- First Germany, Now France Folds On Syrian Airstrikes (Zerohedge, Sep 22, 2014):

In yet another rather embarrassing event for The White House, just days after President Obama praised the French for helping in the fight against ISIS, and General martin Dempsey noted “the French were our very first ally and they’re with us again now,” French officials have, according to Reuters, ruled out participation in airstrikes against Islamic State in Syria. With the fall of France (and Germany already saying “nein”), it appears the broad coalition is now a “coalition of none,” as Obama has stated the US would not go it alone… Continue reading »

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Sep 17

- Germany Issues 2Y Note At Record Low Yield Of -7bps (ZeroHedge, Sep 17, 2014):

Germany sold EUR 3.34 billion 2-year notes to a desparate-for-collateral, safe-haven-seeking, ECB QE-front-running, deflation-pricing market (with exceptional demand – an elevated 2.26x bid-to-cover) for a stunning -0.07% yield… an all-time record low yield issuance for Germany. We have nothing to add…

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Sep 17

++ Iraq: al Baghdadi appare in immagini in moschea Mossul ++
A welcome distraction: the Islamist dude with the $6.500 James Bond watch.

(The Mossad and our CIA are obviously paying well. More info down below.)

- NSA Warns “Bad Guys Are Everywhere” As Spooks Run Afoul Of German Laws Again (ZeroHedge, Sep 16, 2014):

Successfully Distracted …

We can probably “thank” ISIS for having distracted everyone from the ongoing spy scandal. A new barbaric and powerful terrorist group the danger of which is blown out of all proportion by politicians and the media is no doubt a Godsend for the national security apparatus and the military-industrial complex. In fact, this reminds us that ISIS looks suspiciously like an artificial creation anyway, one that has at some point undoubtedly received assistance from one or more states.

In a previous missive (see “Equal Opportunity Spy-Fest” for details), we discussed an article in German news magazine Der Spiegel (which has by the way done some excellent sleuthing beyond merely reporting on the content of the Snowden files). The article at Der Spiegel inter alia mentioned occasions when representatives of the “national security” apparatus or government spokesmen speaking on its behalf were caught in blatant lies and noted in its conclusion: Continue reading »

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Sep 14

- “Moderate” Syrian Rebels Sign Non-Aggression Pact With ISIS; Iraq Defies US (ZEroHedge, Sep 13, 2014):

First it was the ‘broad coalition’ that appeared a little narrower than President Obama explained to the world last week. Today, 2 more crucial aspects of the ‘strategy’ appear to be faltering. Despite the promise of $500 million to train “moderate” Syrian terrorist/rebels to fight ISIS, GlobalPost reports Syrian rebels and jihadists from the Islamic State have agreed a non-aggression pact for the first time. Under the deal, “the two parties will respect a truce until a final solution is found and they promise not to attack each other because they consider the principal enemy to be the Nussayri regime.” Not exactly what Obama and Kerry had in mind. But it is John Kerry’s trip to Iraq that appears to have had blowback already as Reuters reports the newly installed US-friendly PM al-Adadi ordered his air force to halt strikes on civilian areas, “even in those towns controlled by ISIS,” just a day after Kerry’s visit (which left Turkey explaining how it would not support US airstrikes either). So far, so good?!

So, to sum up… Continue reading »

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Sep 12

- Obama’s Broad Coalition Cracks – UK, Germany Won’t Support Airstrikes In Syria (ZeroHedge, Sep 11, 2014):

Well that didn’t take long. After espousing his strategy last night of leading a broad coalition against ISIS, it appears President Obama’s “allies” are backing away from the plan. As The WSJ reports, Germany and the U.K. on Thursday ruled out carrying out air strikes on Islamic State militants in Syria. It appears the Europeans, realizing the ire that these actions will likely cause to Putin, are stepping back – “We haven’t been asked, nor will we do it,” German Foreign Minister Frank-Walter Steinmeier told reporters and his U.K. counterpart Philip Hammond explicitly ruled out air strikes in Syria, after the U.K. parliament struck down such a move last year. So that leaves the French?

As The WSJ reports,

Germany and the U.K. on Thursday ruled out carrying out air strikes on Islamic State militants in Syria, a day after President Barack Obama authorized the start of U.S. air strikes there. Continue reading »

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Sep 07

- ‘Sharia controlled zone’ in Germany: Group of young Muslims patrolling city streets  (RT, Sep 6, 2014):

Police in the German city of Wuppertal are investigating a case of several young men who announced themselves to be ‘Sharia police’. The group was ‘patrolling’ the streets, urging people to refrain from various sorts of activities and entertainment.

The young men wearing orange safety vests with the words “Shariah police” written on the back caught both residents’ and police attention in Wuppertal in North Rhine-Westphalia in western Germany earlier this week.

The young men are followers of Salafism, a puritanical form of Islam, one of the world’s fastest-growing Islamic movements. The fundamentalists have been seen in the city’s nightlife area, trying to urge people to refrain from alcohol, drugs, gambling, pornography and other activities. They also reportedly distributed leaflets with the same guidelines.Police reportedly stopped 11 men aged between 19 and 33. An investigation with possible charges of illegal assembly has been launched.

The government is considering the Sharia initiative an act of provocation and says it won’t tolerate any “parallel law“.

No Sharia laws will be tolerated on German soil. No one has the right to tarnish the good image of the German police,” the country’s Interior Minister Thomas de Maiziere reportedly said in an interview to Bild.

Germany’s Justice Minister Heiko Maas said that “no illegal ‘parallel law’ will be tolerated,” as only the state is responsible for law compliance. Continue reading »

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