- Japan Has Officially Gone Insane (ZeroHedge, May 23, 2013):
On one hand:
- BOJ OFFERS TO BUY 300B YEN DEBT WITH MORE THAN 10YR MATURITY
- BOJ OFFERS TO BUY 600B YEN IN 5-10YR GOVT DEBT
and on the other
- ABE SAYS BOJ ISN’T DIRECTLY BUYING GOVERNMENT DEBT
We give up: raging schizophrenia and a sado-maso fetish is now a core prerequisite for anyone who wishes to follow the daily lies these central planning sociopaths spew with impunity.
Tags: Bank of Japan, Bonds, Central Bank, Debt, Global News, Government, Japan, Shinzo Abe
- Will It Be Inflation Or Deflation? The Answer May Surprise You (Economic Collapse, May 22, 2013):
Is the coming financial collapse going to be inflationary or deflationary? Are we headed for rampant inflation or crippling deflation? This is a subject that is hotly debated by economists all over the country. Some insist that the wild money printing that the Federal Reserve is doing combined with out of control government spending will eventually result in hyperinflation. Others point to all of the deflationary factors in our economy and argue that we will experience tremendous deflation when the bubble economy that we are currently living in bursts. So what is the truth? Well, for the reasons listed below, I believe that we will see both. The next major financial panic will cause a substantial deflationary wave first, and after that we will see unprecedented inflation as the central bankers and our politicians respond to the financial crisis. This will happen so quickly that many will get “financial whiplash” as they try to figure out what to do with their money. We are moving toward a time of extreme financial instability, and different strategies will be called for at different times.So why will we see deflation first? The following are some of the major deflationary forces that are affecting our economy right now… Continue reading »
Tags: Bonds, Collapse, Debt, Deflation, Economy, Fed, Federal Reserve, Global News, Gold, Government, Great Depression, Inflation, Money, Politics, Silver, Society, Warren Buffett
- Eric Holder Admits To First Americans Killed By Drone Strikes (ZeroHedge, May 22, 2013):
In a letter to Congress (below), AG Eric Holder admitted that the administration deliberately killed American Anwar al-Awlaki (the radical Muslim cleric) in a drone strike in September 2011 adding, as the NY Times reports, “the decision to target Anwar al-Awlaki was lawful, it was considered, and it was just.” As RT notes, there was collateral damage, as it has been widely reported but rarely acknowledged in Washington that two other US citizens – Samir Khan, and al-Awlaki’s teenage son, Abdulrahman al-Awlaki – were executed in that same Yemen strike. With Holder’s latest admission, however, a fourth American – Jude Mohammed – has also been officially named a casualty of America’s continuing drone war; bringing the total ‘known’ Americans killed under the US Drone War to 4 since 2009.
Via NY Times,
One day before President Obama is due to deliver a major speech on national security, his administration on Wednesday formally acknowledged that the United States had killed four American citizens in drone strikes in Yemen and Pakistan.
The American responsibility for Mr. Awlaki’s death has been widely reported, but the administration had until now refused to confirm or deny it.
The letter also said that the United States had killed three other Americans: Samir Khan, who was killed in the same strike; Mr. Awlaki’s son Abdulrahman al-Awlaki, who was also killed in Yemen; and Jude Mohammed, who was killed in a strike in Pakistan. Continue reading »
Tags: Barack Obama, Drones, Global News, Government, Obama administration, Politics, Terrorism, U.S.
- Department of Homeland Security: Selling Counterfeit Goods is Now “Terrorism” (Liberty Blitzkrieg, May 22, 2013):
If the IRS scandal wasn’t enough to convince you that bloated, corrupt, bureaucratic government institutions pose a greater threat to our freedoms than any terrorist attack ever could, this story should settle it once and for all. The Department of Homeland Security (DHS) is not only wasteful, power hungry, and entirely unnecessary, it is also rapidly transforming itself into the Vampire Squid of government. In light of the fact that pretty much every terrorist plot the U.S. government has “thwarted” since 9/11 has been either FBI or CIA hatched schemes rooted in entrapment, the DHS has a lot of spare time on its hands to hunt frightening acts of “domestic terrorism.” You know, like fake Gucci bags. This story is beyond unacceptable. Continue reading »
Tags: Crime, DHS, Global News, Government, Homeland Security, Politics, Society, Terrorism, U.S.
- FBI says man shot dead while being questioned about Boston bombings (Reuters, May 22, 2013):
ORLANDO, Fla./WASHINGTON (Reuters) – An FBI agent shot and killed a man of Chechen origin who turned violent while being questioned on Wednesday about his connection to Tamerlan Tsarnaev, one of two Chechen brothers suspected of carrying out the Boston Marathon bombings.
A friend of the dead man identified him to local media as 27-year-old Ibragim Todashev, who had previously lived in Boston and knew Tsarnaev, the older of the two brothers suspected of planting two bombs at the marathon on April 15. Three people were killed and 264 injured in the attacks.
The shooting occurred in an apartment complex near the Universal Studios theme park, where the FBI and members of other law enforcement agencies including the Massachusetts State Police were interviewing the man about the marathon bombing.
“A violent confrontation was initiated by the individual,” the FBI said. A special agent, it said, “acting on the imminent threat posed by the individual, responded with deadly force. The individual was killed and the special agent was transported to the hospital with non-life-threatening injuries.”
Continue reading »
Tags: Assassination, Boston, Crime, FBI, Global News, Government, Politics, Terrorism, Terrorists, U.S.
- No US Sailor Saw Osama Bin Laden’s Alleged Burial: Associated Press FOIA
- President Bush Rejects Taliban Offer To Surrender Osama Bin Laden (The Independent – 15 October 2001)
- Joe Biden Now Blamed In Navy SEAL Team Six Deaths
More info down below.
- Bin Laden burial pictures will stay secret (Washington Post, May 21, 2013):
Photos of American military personnel burying Osama bin Laden at sea will remain classified, a federal appeals court ruled Tuesday.The U.S. Court of Appeals for the D.C. Circuit sided with the government in finding that the release of postmortem images of the al-Qaeda leader could cause “exceptionally grave harm” to Americans.
Judicial Watch, a conservative-leaning group, had been pressing the Defense Department and the CIA to release at least a subset of 59 photos of bin Laden after he was killed in a May 2011 raid on his compound in Pakistan.
Continue reading »
Tags: Barack Obama, CIA, Defense Department, Department of Defense, Global News, Government, Military, Obama administration, Osama Bin Laden, Pakistan, Politics
- Argentine Inflation: It’s Tough When All You Get Is Lies (Testosterone Pit, May 21, 2013):
The issue of inflation is complex everywhere. Official rates are disputed. People can’t reconcile them with what they see at the store. There are different formulas and data sets, resulting in different rates, and everyone picks and chooses what suits their needs. But nowhere is the issue as “complex,” infested with lies, and shrouded in obscurity as in Argentina.
Continue reading »
Tags: Argentina, Collapse, Economy, Global News, Government, Hyperinflation, Inflation, Politics, Society
- Germany Fires Live Ammo In Sino-European Trade War … At Brussels (Testosterone Pit, May 20, 2013):
The solar-panel industry, once fattened by taxpayer subsidies and false hopes, has been in a death spiral around the world. In the US, a slew of photovoltaic standouts like Solyndra went under, taking billions of subsidies and investor capital with them. In Germany, it has been just as brutal. Even large companies are licking their wounds.
Bosch Solar Energy AG will shut down production early next year, after having burned through €2.4 billion; 3,000 jobs are at risk. Siemens is trying to shed its solar units, if it can find a buyer. Victims of Chinese companies that flooded world markets with cheap solar panels. But even Chinese companies are going bankrupt, including one of the big four, Wuxi Suntech, subsidiary of US-listed Suntech Power.
Continue reading »
Tags: Bosch, China, Collapse, Economy, Energy, EU, Europe, Germany, Global News, Government, Politics, Solar Energy, Solar Power, Technology