Apr 27

7-yr-cycle

Is This a Blow-Off Top? Four Ways to Tell (Of Two Minds, April 27, 2015):

Those who lived through the last two speculative blow-off tops know the impossibility of predicting the final top.

How can we tell if stocks are in the final blow-off stage of a bubble? There are four basic give-aways: Continue reading »

Tags: , , , ,

Apr 27

China_yuan_hyperinflation

China Considers Launching QE; Shanghai Stocks Soar (ZeroHedge, April 27, 2015):

Nearly two months ago we explained “How Beijing Is Responding To A Soaring Dollar, And Why QE In China Is Now Inevitable” in which we cited Cornerstone who reminded us “that from 2007 to late 2008, U.S. fed funds dropped 500 bp, and then the Fed still needed to do QE? The backdrop for China looks a bit similar. We had a credit bubble, they have a credit bubble. We had a housing bubble, they have a housing/investment bubble. Will China eventually have to go down the same path as the U.S., and the Eurozone? … The PBoC will first cut rates to 0%, before contemplating QE.”

To this we added that “once China, that final quasi-Western nation, proceeds to engage in outright monetization of its debt, then and only then will the terminal phase of the global currency wars start: a phase which will, because global economic growth and that all important lifeblood of a globalized economy – trade – at that point will be zero if not negatve, will see an unprecedented crescendo of money printing by absolutely everyone, before coordinated devaluations mutate into uncoordinated, and when central bank actions morph from “all for one” to “each man for himself.Continue reading »

Tags: , , , , ,

Apr 27

Varoufakis

Under Pressure From Europe, Tsipras Prepares To Show Varoufakis The Door (ZeroHedge, April 27, 2015):

On Friday, Greece’s embattled FinMin Yanis Varoufakis added to his highlight reel of “kerfuffles” when he put on a performance at the negotiating table in Riga that prompted his peers to describe him as an amateurish time-wasting, gambler. As talks with creditors drag on under the constant threat of a Greek default and a disorderly euro exit, it appears Varoufakis’ antics may have finally gone too far, for as Reuters reports, PM Tsipras looks to have effectively replaced the FinMin as lead negotiator.

Here’s more:

Greek Prime Minister Alexis Tsipras on Monday reshuffled his team handling talks with European and IMF lenders, after his finance minister was sharply criticized for his performance at a euro zone meeting last week…

Tsipras and senior aides expressed support for Yanis Varoufakis and agreed the finance minister would supervise a new team negotiating a reforms deal with lenders, but appointed deputy Foreign Minister Euclid Tsakalotos as coordinator of the group, a government official said.

The appointment suggested Tsakalatos, an Oxford-educated economist and professor who is soft-spoken and well-liked by officials representing creditors, would have a more active role in face-to-face talks from now on.

And here are more details via Bloomberg: Continue reading »

Tags: , , , , , ,

Apr 27

Baltimore-Riots-YouTube-Screenshot

Civil Unrest Has Begun In Baltimore And This Is Only Just The Start Of Something MUCH Bigger (Economic Collapse, April 26, 2015):

On Saturday night, the city of Baltimore resembled a warzone as protests over the death of Freddie Gray turned wildly violent.  One eyewitness reported watching the streets around him and his friend “turn into madness” as they left a baseball game between the Boston Red Sox and the Baltimore Orioles.  Car windows were smashed, stores were robbed, chairs were thrown and large numbers of random bystanders were attacked.  One prominent Democrat claims that those committing the violence were “mainly from out of town“, but how would he know that?  Today, there are approximately 2.7 million people living in the Baltimore metropolitan area.  It is an area that has been known for poverty, crime and drugs for many years, and as racial tensions continue to increase in this country it is a powder keg that could erupt at literally any time.  We got a preview of what can happen on Saturday night.  If this is how people will act while economic conditions are still relatively stable in this country, what in the world is going to happen when things really start falling apart? Continue reading »

Tags: , , , ,

Apr 27

Russia Deploys Tactical Drones In The Arctic, Exposes Rarely-Seen US Spy Satellite Images (ZeroHedge, April 26, 2015):

While the USA is busy killing US civilians and terrorists with its drone program, Russia is set to deploy its own Orlan-10 drones in the oil- and gas-rich Arctic region (reportedly to monitor the climate situation). As SputnikNews reports, Colonel Aleksandr Gordeev stated “the drones’ task is to maintain impartial control of the situation in the Russian sector of the Arctic, including the ecological and ice situation in the adjoining sea areas and along the Northern Sea Route.” So, passive-agressive? However, Russia also chose this week to release rarely-seen images of a US intelligence satellite which as one analyst notes is provocative (but obscure in its intent other than the growing recognition of US space-based surveillance assets).

As Sputnik News reports, Russian drones will be deployed in the Arctic and along the Northern Sea Route starting May 1 to monitor the climate situation and the deterioration of Arctic ice, as well as to aid in navigation and search and rescue missions. Continue reading »

Tags: , , , , , ,

Apr 27

Gen. David Petraeus in a photo with his biographer and mistress Paula Broadwell
Gen. David Petraeus in a photo with his biographer/mistress Paula Broadwell.

Gen. Petraeus: Too Big to Jail (Consortium News, April 23, 2015):

The leniency shown former CIA Director (and retired General) David Petraeus by the Justice Department in sparing him prison time for the serious crimes that he has committed puts him in the same preferential, immune-from-incarceration category as those running the financial institutions of Wall Street, where, incidentally, Petraeus now makes millions. By contrast, “lesser” folks – and particularly the brave men and women who disclose government crimes – get to serve time, even decades, in jail. Continue reading »

Tags: , , , ,

Apr 27

FYI.


israel-golan-heights-airstrike

Israeli military strikes Golan Heights to foil terror plot (RT, April 27, 2015):

The Israeli Air Force launched a strike on a militant cell, who had arrived from Syria, after they were attempting to plant a bomb in the occupied Golan Heights. Reports say that up to four people have been killed in the operation.

At around 9:30pm local time, Israeli troops saw “a group of armed terrorists” heading towards the Israeli side of the Golan Heights. The group then placed an explosive device on a border fence, which was deemed an apparent threat as it targeted the troops, according to an Israeli Defense Forces (IDF) statement. Israeli aircraft were deployed and “targeted the squad, preventing the attack.” Continue reading »

Tags: , , , , ,

Apr 27

FYI.


Russian Jews face ‘grave dangers’ if Putin is ousted, warns senior rabbi (RT, April 27, 2015):

Russian Jews would be in serious danger if Russian President Vladimir Putin was ever ousted from power, a senior Russian rabbi has stated. He added, the current government guarantees the safety of Jewish people better than many Western powers do.

“The Jews of Russia must realize the dangers inherent in the possible collapse of the Putin government, understand the rules of the game and be aware of the limitations,” the head of Russian Federation of Jewish Communities Aleksandr Boroda said at an annual Jewish learning event, which was organized by Limmud FSU.

The conference, which saw around 1,400 participants attend, opened on Friday at the state-owned Klyasma resort in the Moscow region. Continue reading »

Tags: , , , , ,

Apr 27

Police ‘Coup’ Prevents Newly-Elected St. Louis Area Mayor From Taking Office (Counter Current News, April 24, 2015):

Mayor Betty McCray was recently elected to the office of mayor in the St. Louis County city of Kinloch. But in spite of the fact that the St. Louis County Board of Elections have certified the election results, the local police turned out by the dozen to block her from entering city hall and beginning her work as mayor.

Nearly two dozen police officers greeted McCray on her first day of work, as she tried to enter city hall.

Political opponents met her at the door and wrongly told her that she had been “impeached” before even taking the job. But that’s simply not true. Continue reading »

Tags: , , , , ,

Apr 26

parthenon

Capital Controls Arrive: Greece Begins Confiscating Deposits Of “Small Debtors” (ZeroHedge, April 26, 2015):

Last week, the Greek government issued a decree which called for local governments to transfer excess cash to the central bank so that Athens would be able to pay pensions, salaries, and the IMF. The move is expected to raise as much as €2 billion to help keep the country afloat while the country’s “amateurish, time-wasting gambler” of a FinMin feebly attempts to find some kind of middle ground with his EU counterparts and as PM Tsipras pulls out all the stops including the old EU Summit sideline end-around with Merkel and the wild card energy gas pipeline advance from Gazprom (which may portend the dreaded “Russian pivot”).

If the “temporary” local government reserve sweep constitutes what we have branded “soft” capital controls, we now have the first evidence that the “hard” variety may have arrived because as Kathimerini reports, Greek debtors are having their deposits seized in lieu of payment. Continue reading »

Tags: , , , , , , , , , ,

Apr 26

From the article:

“The police serve a very important role in society and I want them to be as effective as possible.  They are there to uphold the law and protect the peace, which are extremely important functions.  Unfortunately there are far too many cases where the police have acted as judge, jury and executioner to suggest that there are just a few bad apples.

Instead there’s a pervasive atmosphere of hostility and force escalation better suited to war zones than maintaining civilian order.  The lines have been drawn in many police departments: it’s us vs. them.

Trust in many departments has been utterly shattered within some communities because the police hold themselves to a different standard than they do the populace.  Police commit brazen acts of brutality and get away with it, largely because they self-investigate and/or because the local District Attorney office is unwilling to press charges.

But the recent cases of police brutality are simply a symptom of a much larger problem. Society in the US is breaking down, civility has been lost, and the country is rapidly becoming uncivilized.

This extends within and across all of the most important institutions.”


police-militarized

Rising Police Aggression A Telling Indicator Of Our Societal Decline (Peak Prosperity, April 24, 2015):

A historially common marker of failing civilizations

My first Uber lift was in South Carolina.  My driver was from Sudan originally, but had emigrated to the US 20 years ago.  Being the curious sort, I asked him about his life in Sudan and why he moved.  He said that he left when his country had crumbled too far, past the point where a reasonable person could have a reasonable expectation of personal safety, when all institutions had become corrupted making business increasingly difficult.  So he left.

Detecting a hitch in his delivery when he spoke of coming to the US, I asked him how he felt about the US now, 20 years later.  “To be honest,” he said, “the same things I saw in Sudan that led me to leave are happening here now. That saddens me greatly, because where else is there to go?” Continue reading »

Tags: , , , , , , ,

Apr 26

Police-gun

Cops Kill Man for Refusing to ID as He Dropped Off Stray Cat to Animal Shelter, Police Remain Silent (Alternet, April 22, 2015):

What was a seemingly selfless act of kindness would subsequently end with Lawrence being fatally gunned down by a cop.

Dothan, Ala. – In late December of 2014, Robert Earl Lawrence, 30, in an act of compassion, took a stray cat to the Dothan Animal Shelter. What was a seemingly selfless act of kindness would subsequently end with Lawrence being fatally gunned down by a cop.

Almost four months after that fateful day, police have provided the public with no more answers than were given the day after the killing. They have maintained a blanket of virtual silence surrounding the incident. Continue reading »

Tags: , , , , ,

Apr 26

H/t reader squodgy:

“Been hidden in full view all along…”



17.10.2012

Description: Continue reading »

Tags: , , , , , , , , , , , , ,

Apr 26

Edith Macefields Seattle home, photographed in 2008 as a commercial complex was under construction all around the house
Edith Macefield’s Seattle home, photographed in 2008 as a commercial complex was under construction all around the house. (Joshua Trujillo/Seattle Post-Intelligencer/AP)

Developers Forced To Build Mall Around Elderly Woman’s Home – Now Known As The “UP” House And Has Huge Following Of Supporters. (Refreshing News, April 26, 2015):

Via The Washington Post:

It seems like a familiar story: An elderly homeowner defiantly stands up to money-hungry developers who want to tear down her sweet little house.

But that’s not exactly what happened with octogenarian Edith Macefield, said her friend Barry Martin.

Macefield had a simple plan: To live out her life in the Seattle house she knew so well, not in some strange nursing home. She wanted to stay so badly that she reportedly turned down $1 million to move; then, she watched as buildings cropped up all around her humble abode.

“I don’t want to move. I don’t need the money,” Macefield told the Seattle Post-Intelligencer in 2007. “Money doesn’t mean anything.” Continue reading »

Tags: , ,

Apr 26

CDC-Cancer-Vaccine
(Click on image to enlarge.)

Source: Vaccine Safety (CDC):

Cancer, Simian Virus 40 (SV40), and Polio Vaccine Fact Sheet

  • SV40 is a virus found in some species of monkey.
  • SV40 was discovered in 1960. Soon afterward, the virus was found in polio vaccine.
  • More than 98 million Americans received one or more doses of polio vaccine from 1955 to 1963 when a proportion of vaccine was contaminated with SV40; it has been estimated that 10–30 million Americans could have received an SV40 contaminated dose of vaccine.
  • SV40 virus has been found in certain types of cancer in humans, but it has not been determined that SV40 causes these cancers.
  • The majority of scientific evidence suggests that SV40-contaminated vaccine did not cause cancer; however, some research results are conflicting and more studies are needed.
  • Polio vaccines being used today do not contain SV40. All of the current evidence indicates that polio vaccines have been free of SV40 since 1963.

Flashback:

Tags: , , , , , , , , , ,

Apr 26

Two feet of hail in Sydney – Seven factories collapse under the weight – Video (Ice Age Now, April 25, 2015):

At Eastern Creek seven factories collapsed after more than 50 cm (almost 2 feet) of hail dumped on parts of western Sydney.

Tags: , ,

Apr 26

From the article:

Specifically referencing Israel’s military assault on Gaza last summer, the letter insisted “the massacre in Gaza spares no one.” Its victims include “the disabled and sick in hospitals, children playing on the beach or on the roof top, with a large majority of non-combatants,” the letter said.

The open letter’s signatories stressed the Israeli administration’s conduct in Gaza was an insult to their humanity, dignity, and intelligence. They denounced what they described as a “myth” propagated by Israel that its military aggression is conducted in a humanitarian manner.

(Click on images to enlarge.)

20140708_latestGazaAirStrikeGaza boomGaza - Remember This Image In November


Israeli Prime Minister Benjamin Netanyahu

Lancet medical journal accused of ‘hate speech’ on Israeli aggression in Gaza (RT, April 26, 2015):

A venerable British medical journal has been targeted by 500 doctors worldwide over its coverage of the humanitarian crisis caused by the Israel-Palestine conflict. It has been Britain’s most trusted medical journal for almost two hundred years.

The controversy arose after the Lancet, an internationally renowned publication, released an article deemed to be deeply critical of Israel’s conduct in Gaza.

Initially revealed by the Independent, the scandal has rekindled debate about freedom of speech and the human cost of the Israel-Palestine conflict. Continue reading »

Tags: , , , , , , ,

Apr 26

Silver-Bars

Why Is JP Morgan Accumulating The Biggest Stockpile Of Physical Silver In History? (Economic Collapse, April 24, 2015):

Why in the world has JP Morgan accumulated more than 55 million ounces of physical silver?  Since early 2012, JP Morgan’s stockpile has grown from less than 5 million ounces of physical silver to more than 55 million ounces of physical silver.  Clearly, someone over at JP Morgan is convinced that physical silver is a great investment.  But in recent times, the price of silver has actually fallen quite a bit.  As I write this, it is sitting at the ridiculously low price of $15.66 an ounce.  So up to this point, JP Morgan’s investment in silver has definitely not paid off.  But it will pay off in a big way if we will soon be entering a time of great financial turmoil. Continue reading »

Tags: , , ,

Apr 26

Doing it tough? UK’s super-rich double wealth over past decade (RT, April 26, 2015):

As the EU tries to battle its way out of financial crisis, the British mega rich continue to gain capital, according to the Sunday Times’ Rich List. It revealed that during the past 10 years the top one percent’s fortunes more than doubled in the UK.

The combined assets owned by the 1,000 wealthiest individuals in the UK have hit a new high of £547 billion ($831 billion), up from £250 billion posted in 2005.

All these gains came flooding in despite surging unemployment rates all over Europe, creeping deflation fears and overall economic slowdown.

Moreover, it is becoming increasingly competitive for the rich to find a place among the top 1,000 spot, with a minimum fortune of £100 million required.

Sunday Times published its list on April 26, revealing the names of 117 billionaires, with 80 of them residing in London. Continue reading »

Tags: , , ,

Apr 26

The Secrets of the Federal Reserve

@Amazon.com: The Secrets of the Federal Reserve

@Amazon.co.uk: The Secrets of the Federal Reserve

* * *

FYI.


Adolf-Hitler-Hjalmar-Schacht

For Nazi Industrialists And Hitler’s Banker “All Was Forgiven” (ZeroHedge, April 26, 2015):

In recent years, there has been much shock and stunned reactions among the general public as one after another banker avoided any prison time, despite perpetrating (and benefiting from the subsequent bailout) the biggest financial crisis know to mankind.

But is this shock warranted? The simple answer: no. Continue reading »

Tags: , , , , , , , ,