- When Is A White House Transcript Not A Transcript? (ZeroHedge, Oct 22, 2014):
From the “most transparent and open administration ever”…
- When Is A White House Transcript Not A Transcript? (ZeroHedge, Oct 22, 2014):
From the “most transparent and open administration ever”…
- How Japanese Hyperinflation Starts (In 1 Chart) (ZeroHedge, Oct 21, 2014):
The Japanese Yen’s real effective exchange rate (REER) has collapsed to the weakest since 1982, according to Mitsubishi UFJ Morgan Stanley Securities. Simply put, REER is a trade-weighted measure of Yen strength (or weakness) against, in this case, 59 trading partners; and as the nation posts an unprecedented 27th straight month of trade deficits [43rd straight month of Seasonally-adjusted trade deficits], Bloomberg reports MUFJ indicates “a structural shift” has taken place.
From the article:
“So – in conclusion – The Fed admits it knew about the risks of JPMorgan’s London Whale in 2010 (2 years before the blow-up) and did nothing about it, and now, two years later, The Fed tells banks it will get serious…”
- Fed Inspector General Finds NY Fed Knew Of JPMorgan ‘Whale’ Risks In 2010, “Missed Opportunity” (ZeroHedge, Oct 21, 2014):
Just two years after “The London Whale” took a storm-in-a-teacup to a balance-sheet-busting reality for Jamie Dimon and exposed a face-slapping level of regulatory ignorance of how the TBTF banks ‘trade’ and ‘lever’ their balance sheets, the Federal Reserve’s Inspector General has issued their findings…
Bear in mind, as @ctorresreporter notes, the Fed’s OIG report is a 4-page summary and The Senate released a 300-page report last year… Choose Your Watchdog!! Continue reading »
- How to start a war and lose an empire (Club Orlov, Oct 21, 2014):
A year and a half I wrote an essay on how the US chooses to view Russia, titled The Image of the Enemy. I was living in Russia at the time, and, after observing the American anti-Russian rhetoric and the Russian reaction to it, I made some observations that seemed important at the time. It turns out that I managed to spot an important trend, but given the quick pace of developments since then, these observations are now woefully out of date, and so here is an update. Continue reading »
…. as intended.
- More Foreign Policy Incompetence – U.S. Humanitarian Aid is Going Directly to ISIS (Liberty Blitzkrieg, Oct 21, 2014):
“The convoys have to be approved by ISIS and you have to pay them: The bribes are disguised and itemized as transportation costs,” says an aid coordinator who spoke to The Daily Beast on the condition he not be identified in this article. The kickbacks are either paid by foreign or local nongovernmental organizations tasked with distributing the aid, or by the Turkish or Syrian transportation companies contracted to deliver it.
The State Department official said he, too, was conflicted about the programs… “Are we helping indirectly the militants to build their caliphate? I wrestle with this.”
– From Sunday’s Daily Beast article: U.S. Humanitarian Aid Going to ISIS
The Daily Beast has been at the forefront of exposing the bizarre emergence of the latest terror threat known as ISIS, which is being used to take away civil liberties at home, and fuel more chaos and destruction abroad. It was their work in June that first highlighted the fact that ISIS was and is being funded and supported by U.S. allies in the Persian Gulf. I commented on the absurdity of the situation in my piece, America’s Disastrous Foreign Policy – My Thoughts on Iraq, in which I noted: Continue reading »
… as intended.
- Obama Humiliated Again After Weapons Airdropped For Syrian Rebels End Up In ISIS Hands (ZeroHedge, Oct 21, 2014):
While we strongly suspect few are truly surprised by this turn of events, it is still yet another embarrassing stamp in the “do nothing stupid” foreign policy passport for President Obama’s administration. As The Daily Beast reports, an ISIS-associated YouTube account posted a new video online Tuesday entitled, “Weapons and munitions dropped by American planes and landed in the areas controlled by the Islamic State in Kobani.”
While the authenticity of this latest video could not be independently confirmed, there is no doubt that the ISIS fighters in the clip are in possession of a rich bounty of American hand grenades, rounds for small rockets, and other supplies. The White House stated on CNN, “we feel very confident that, when we air drop support as we did into Kobani… we’ve been able to hit the target in terms of reaching the people we want to reach.” Perhaps not all of them… Continue reading »
- Russia Deploys Troops, Robots Along Entire “2nd Middle East” Arctic Belt (ZeroHedge, Oct 21, 2014):
On the heels of Sweden’s military deployment (following the discovery of a damaged Russian sub), it appears Russia is taking no chances with its access to Arctic resources.As Reuters reports, the Russian defense minister announced today that Russian military units will be deployed along the entire Arctic border from Murmansk to Chukotka in 2014. Interfax adds that combat robots are also being deployed to protect Russian oil and gas infrastructure in the harsh environment of the Arctic. This should be no surprise as The Guardian notes, the Arctic’s hydrocarbon resources nevertheless exert a powerful pull. It has been compared to “a second Middle East”, with oil and gas reserves thought to represent 17% and 30%, respectively, of the global total.
Korea Atomic Energy Research Institute, funded by the Korean government, July 2014:
- The Fukushima accident [led to a] release of huge radioactivity Continue reading »
- Does Obama Want to Stay in Afghanistan to Harvest Its Opium? (Global Research):
“opium production has increased 33 fold from 185 tons in 2001 to 6100 tons in 2006. In 2007, Afghanistan provided approximately 93% of the global supply of heroin…”
- America’s $7.6 billion war on Afghan drugs fails, opium production peaks (RT, Oct 21, 2014):
Despite Washington spending $7.6 billion on counter-narcotic initiatives in Afghanistan, 2013 witnessed a record surge in the amount of opium poppy cultivation, according to the US inspector general for Afghan reconstruction.
The Central Asian country cultivated a record 209,000 hectares (516,000 acres) of opium poppy in 2013, beating the previous highest level of 193,000 hectares (477,000 acres) in 2007, according to the UN Office on Drugs and Crime (UNODC).
Battle-hardened Afghanistan produces more than 80 percent of the world’s opium. Continue reading »
- Obama Administration controls press-pool reports, determining what information journalists are allowed to share (Natural News, Oct 21, 2014):
Veteran Washington journalists and reporters, when they are being honest, will tell you that the current administration is the most political in modern history. Everything is about the proper messaging; optics are much more important, and policy is designed around perpetuating Democratic power.
What they will also tell you is that this White House is so concerned about messaging that it will go to any length to shape it, and that includes pressuring reporters, threatening them with loss of access and, yes, even spying on them (and their parents). It also includes savaging critics. Continue reading »
- In Uncharted Waters (Washington’s Blog, Oct 21, 2014):
What I see as extremes that must necessarily end badly, others see as mere extensions of recently successful policies and trends.
A long-time reader recently chastised me for using too many maybe’s in my forecasts. The criticism is valid, as “on the other hand” slips all too easily from qualifying a position to rinsing it of meaning.
That said, given that we’re in uncharted waters, maybe’s become prudent and certainty becomes extremely dangerous. I have long held that the financial policy extremes that are now considered normal are unprecedented in the modern era: extremes in debt, leverage, risk, complexity and willful obfuscation of these extremes. Continue reading »
- China Hires As Many As 300,000 Internet Trolls To Make The Communist Party Look Good (Business Insider, Oct 17, 2014):
The Chinese government doesn’t just censor its internet. It actually pays people to leave fake comments that make the country – and its communist regime – look good.
After reading “Blocked on Weibo” by Chinese researcher Jason Q. Ng, we recently learned China’s version of Twitter, Sina Weibo, banned the phrase “50 cents.” It references China’s “50 Cent Party,” a group of ordinary citizens hired by the government to post internet comments spinning that day’s news in China’s favor. Continue reading »
- What ‘Democracy’ Really Means in U.S. and New York Times Jargon: Latin America Edition (The Intercept, Oct 17, 2014):
One of the most accidentally revealing media accounts highlighting the real meaning of “democracy” in U.S. discourse is a still-remarkable 2002 New York Times Editorial on the U.S.-backed military coup in Venezuela, which temporarily removed that country’s democratically elected (and very popular) president, Hugo Chávez. Rather than describe that coup as what it was by definition – a direct attack on democracy by a foreign power and domestic military which disliked the popularly elected president – the Times, in the most Orwellian fashion imaginable, literally celebrated the coup as a victory for democracy:
With yesterday’s resignation of President Hugo Chávez, Venezuelan democracy is no longer threatened by a would-be dictator. Mr. Chávez, a ruinous demagogue, stepped down after the military intervened and handed power to a respected business leader, Pedro Carmona.
Thankfully, said the NYT, democracy in Venezuela was no longer in danger . . . because the democratically-elected leader was forcibly removed by the military and replaced by an unelected, pro-U.S. “business leader.” The Champions of Democracy at the NYT then demanded a ruler more to their liking: “Venezuela urgently needs a leader with a strong democratic mandate to clean up the mess, encourage entrepreneurial freedom and slim down and professionalize the bureaucracy.” Continue reading »
- Battleships And Helicopters Join Hunt For Missing Submarine: Sweden Prepares To “Use Weapons To Surface Sub” (ZeroHedge, Oct 21, 2014):
Sweden’s military has announced that if it finds a suspect foreign vessel in the Stockholm archipelago, it is prepared to force it to the surface “with weapons if necessary”. “Our aim now is to force whatever it is up to the surface… with armed force, if necessary,” he added. He added that submarines are “extremely difficult” to find, and that Sweden has never succeeded in the past when it came to tracking them down. “And no one else has either,” he added. If the sub is indeed Russian, it would be quite a hit for Sweden, which in more than a decade of hunting Russian U-boats in the 1980s and early nineties, never succeeded in capturing one, except in 1981 when the U137 ran aground several miles from one of Sweden’s largest naval bases, triggering an embarrassing diplomatic stand-off for Russia.
- Germany’s Merkel Agrees with ‘Angry’ Slovak Leader that Ukraine Bums EU to Pay for Russian Gas (Washington’s Blog, Oct 21, 2014):
But Merkel says EU taxpayers will have to subsidize Ukraine.
On October 21st, the German Economic News headlined (as translated), “Merkel: EU Taxpayers Should Finance Debt of Ukraine,” and reported that, “Angela Merkel visited [Slovakia's Prime Minister] Robert Fico on Monday [in the Slovak capital of Bratislava]. Both leaders demand that Kiev should take more responsibility,” and not push the EU to pay Ukraine’s past-due gas bills from Russia’s Gazprom. Continue reading »
- CIA Warned Obama that Funding Rebels Doesn’t Work … But Obama Decided to Fund Syrian Rebels ANYWAY For Cynical Political Gain (Washington’s Blog, Oct 20, 2014):
We’ve pointed out for years that arming the Syrian and Libyan rebels to topple leaders we don’t like is a really stupid idea.
- Obama’s Latest Speech About The Economic “Recovery” Results In Mass Audience Exodus (ZeroHedge, Oct 20, 2014):
Yesterday, Obama made a rare campaign trail appearance in Maryland where he spoke in support of Democratic candidate for governor, Anthony Brown, proceeded with his usual bulletin of reading fabricated economic data off the teleprompter in which he highlighted improvements in US unemployment (if not the 46.5 million people on foodstamps or the 93 million Americans out of the labor force), a rebounding housing market (just as the bouncing dead cat is once again dead), the benefits of health insurance (if no mention of the disaster for small businesses that Obamacare now definitively is) a resurgent manufacturing sector (just don’t look at this chart) even if he did point out the unfairness of families having “two folks working”, and… a mass audience exodus followed.
This is how Reuters summarized it:
President Barack Obama made a rare appearance on the campaign trail on Sunday with a rally to support the Democratic candidate for governor in Maryland, but early departures of crowd members while he spoke underscored his continuing unpopularity.
- Obama considers allowing torture overseas (RT, Oct 20, 2014):
The White House is reportedly wrestling over how to interpret a ban on “cruel, inhuman or degrading treatment” ahead of a meeting in Geneva next month concerning the United Nations charter on torture.
According to the New York Times, the Obama administration remains divided over what stance a Washington delegation will officially take at the UN-sponsored Committee Against Torture panel early next month in the Swiss city. Continue reading »
Here is one of many reasons why they’ve killed him:
Who’s Afraid of Wilhelm Reich (suppressed science)
Wilhelm Reich – Man’s Right to Know
Why would the United States government seek out and literally burn all the books they could find that mentioned a particular scientist’s work? Don’t you owe it to yourself to learn what it is they’ve worked so hard to suppress?
The life story of Wilhelm Reich should be taught in schools across the globe! If you don’t know about this important 20th century figure, you owe it to yourself to watch this free documentary on his life. I found it at Archive.org and reposted. Below is the description and information I found at that site. Continue reading »
- ALERT: U.S. Army researchers at USAMRIID confirm Ebola variant was airborne in 1990 (Natural News, Oct 19, 2014):
U.S. Army virologists working at USAMRIID (U.S. Army Medical Research Institute of Infectious Diseases)  confirmed in 1990 that a strain of Ebola was airborne and could spread through air ducts, resembling the contagiousness of the flu.
Details of the airborne transmission and the “nuking” of all the primates in an entire research center are detailed beginning on page 273 of The Hot Zone by Richard Preston, a non-fiction documentary book based on dozens of detailed interviews with top military virologists. This non-fiction book was called “A riveting nonfiction thriller” by the New York Times.
The book is described by Internet Scientific Publications  as follows: Continue reading »
- Dan Amerman: Will Our Private Savings Be Sacrificed To Pay Down The Public Debt? (Peak Prosperity, Oct 19, 2014):
Recently, an article by Daniel Amerman caught our attention. Titled Is There A “Back Door” Method For The Government To Pay Down The Federal Debt Using Private Savings?, it details the process known as financial repression, where sovereign debts are slowly paid off by syphoning private savings from an unaware populace.
In this week’s podcast, Chris discusses the mechanics of the process, as well as its probability, with Dan:
To understand financial repression, we have to understand that we’ve been there before. Many nations have gone through periods in the past where they’ve had very high levels of government debt. And there are four traditional ways of dealing with that. Continue reading »
Today, the President is signing a new Executive Order directing the government to lead by example in securing transactions and sensitive data.
While there is no silver bullet to guarantee data security, the President is signing an Executive Order to implement enhanced security measures, including securing credit, debit, and other payment cards with microchips in lieu of basic magnetic strips, and PINs, such as those standard on consumer ATM cards. He is calling on all stakeholders to join the Administration and a number of major corporations in driving the economy toward more secure standards to safeguard consumer finances and reduce their chances of becoming victims of identity theft — America’s fastest-growing crime.
- Rwanda and the Criminalisation of International Justice: Anatomy of War Crimes Trials (Global Research, Oct 19, 2014):
The Nato ordered indictment of Muammar Gadaffi by the International Criminal Court (ICC) during the Nato attack on Libya in 2011 echoed the indictment of President Milosevic by International Criminal Tribunal For Yugoslavia, during the Nato attack on Yugoslavia in 1999. Both men ended up dead as a direct consequence. The indictments of these two men, had only one purpose, to serve as propaganda to justify Nato’s aggression and the elimination of governments that refused to bend the knee.
The international criminal justice machine has become a weapon of total war, used not to prosecute the criminals who conduct these wars, but to persecute the leaders of the countries who resist.
Milosevic and Gaddafi are not the only victims of this criminalised international legal structure. The list is long: Continue reading »
- Mysterious ‘Russian sub’ off Sweden may be Dutch – Defense Ministry source (RT, Oct 20, 2014):
Swedish authorities reportedly searching for a Russian submarine in its waters are probably looking in the wrong direction. The sub is probably Dutch, a source in the Russian Defense Ministry told RT.
Earlier Swedish media reported that the nation’s navy is looking for a submarine in the Baltic Sea, possibly belonging to Russia.
Russia said there was no substance in reports of the Russian connection in the story. Continue reading »
- Blacklisted: The Secret Government Rulebook For Labeling You a Terrorist (The Intercept, July 23, 2014):
The Obama administration has quietly approved a substantial expansion of the terrorist watchlist system, authorizing a secret process that requires neither “concrete facts” nor “irrefutable evidence” to designate an American or foreigner as a terrorist, according to a key government document obtained by The Intercept. Continue reading »
- ICYMI: India-Pakistan Head for Nuke War (The Daily Beast,Oct 19, 2014):
A crisis is brewing between nuclear-armed India and Pakistan that could be their most dangerous ever.
India and Pakistan have fought four wars since 1947 and had several crises that went to the brink of war. Both tested nuclear weapons in 1998. Now tensions are escalating between the two again.
- After Golfing, Obama Holds Late Ebola Meeting – Guess Who Missed It (Again)! (Breitbart, Oct 18, 2014):
President Barack Obama’s new Ebola “czar” Ron Klain has skipped another White House meeting on the Ebola crisis, a readout of who attended a Saturday meeting with Obama shows.
Obama held the Ebola meeting after spending four hours and 40 minutes on the golf course at Fort Belvoir, according to the White House press pool report from the New York Daily News‘ Dan Friedman.
“The President on Saturday evening convened members of his national security and public health teams to update him on the response to the domestic Ebola cases,” the White House said in an email blast Saturday evening. “The President’s advisors detailed the status of the contact tracing process to identify and, as necessary, monitor all individuals who may have come into contact with Ebola patients in Dallas following their exposure. The President’s team also reviewed for him the comprehensive measures the Administration—acting together with state and local partners—is taking to ensure that Dallas has all of the appropriate and necessary resources to diagnose any additional cases safely and effectively. The meeting concluded with a discussion of broader steps to increase the preparedness of our health sector nationwide.” Continue reading »
Be afraid, be very afraid! And take that vaccine!
- Reverse 911 calls alert Dallas residents: ‘Your neighbor has Ebola’ (Natural News, Oct 19, 2014):
Dallas health authorities are doing a poor job of alleviating fears over Ebola, as a sort of reverse 911 automated telephone call “alerted” hundreds of people in recent days with this chilling message: “Your neighbor has Ebola.”
The Huffington Post reported that every address within a four-block radius of the nurse, Nina Pham, 26, in Northeast Dallas received phone calls on October 12 after she became the second person in the city — and the U.S. — to test positive for the virus.
Continue reading »
- Sweden deploys troops near Stockholm due to alleged underwater threat (RT, Oct 18, 2014):
Sweden’s armed forces have deployed planes and ships in the waters near the country’s capital due to possible “foreign underwater activity” in the Stockholm archipelago, said the country’s military.
The counter-intelligence operation was carried on Friday night and will continue all Saturday, the country’s military said.
- Tough on trolls: UK internet abusers may face up to 2 years in jail (RT, Oct 19, 2014):
Internet trolls could face two years behind bars if new tough legislation “to combat cruelty” is adopted, according to UK Justice Secretary Chris Grayling.
That’s four times the current six-month prison term and would proove the government’s zeal to “take a stand against a baying cyber-mob,” Grayling told The Daily Mail.
“These internet trolls are cowards who are poisoning our national life. No one would permit such venom in person, so there should be no place for it on social media. That is why we are determined to quadruple the current six-month sentence,” Justice Secretary added. Continue reading »