Dec 17

- Gold Imports ‘Phenomenal’ In India – 571 Percent Surge To 150 Tonnes in November (Goldcore, Dec 16, 2014):

India’s gold imports were over a staggering 150 tonnes in November and have seen a “phenomenal” rise in India according to India’s Trade Secretary, Rajeev Kher.

A few weeks ago we said that the death of the Indian gold market was greatly exaggerated. The latest gold import data out of India confirms this.

India Gold Imports

The import restrictions on gold that were imposed on Indians in August of 2013 were lifted at the end of last month. Despite the fact that the restrictions were still in place gold importation in November surged an incredible 571% relative to the same month last year at over 151.58 tonnes.

This was an increase of 38 percent from 109.55 tonnes a month earlier, trade ministry data showed on Tuesday.

Continue reading »

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Dec 17

20141217_RUB2

- Russian Central Bank Releases 7 Measures It Will Take To Stabilize The Financial Sector (ZeroHedge, Dec 17, 2014):

In its latest effort to counter financial instability – and show its commitment to maintaining order and support for the economy – Russia’s Central Bank (CBR) has unveiled 7 new measures… Ranging from bank recaps to measures aimed at helping manage interest-rate and credit risks, the reaction in the Ruble is positive for now… as perhaps, taking a lesson from the US, The CBR removes Mark-to-Market accounting for various credit instruments. Continue reading »

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Dec 17

elite-puppet-president-and-wall-street-banksters

- Obama signs $1.1 trillion government spending bill (Reuters, Dec 17, 2014):

President Barack Obama on Tuesday signed a $1.1 trillion spending bill passed by Congress last week that lifted the threat of a government shutdown.

The legislation funds most government agencies through September 2015. The Department of Homeland Security will be treated differently, getting a funding extension only through Feb. 27, by which time Republicans will control both chambers of Congress.

Passage of the 1,603-page bill was a long struggle in the Senate and the House of Representatives marked by bitter disputes over changes to banking regulations and Obama’s recent executive order on immigration.

cromnibus-citi

Source: Politico

- Are You Really Ready For The World To Be Ruled By Bankers? (ZeroHedge, Dec 16, 2014):

Martin Armstrong via Armstrong Economics, has some strong opinions…

Believe it or not, Citigroup announced on Friday that it would move its headquarters from New York to the actual U.S. Capitol Building, in Washington, D.C., in early 2015. Yes! They might as well had since they got everything they wanted… Could you imagine. Continue reading »

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Dec 17

apec-us-china-russia-obama-putin-xi

Surely all of this has nothing to do with Russia! Right?


Cuba embargo caricature

- President Obama “Normalizes” Relations With Cuba, Opens Diplomatic Channels; USAID Chief Resigns – Live Feed (ZeroHedge, Dec 17, 2014):

Odd… during a week when President Obama prepares to launch new sanctions against Venezuela and Russia, The White House admits, “It is clear that decades of U.S. isolation of Cuba have failed to accomplish our enduring objective of promoting the emergence of a democratic, prosperous, and stable Cuba.”

Diplomatic relations between the United States and Cuba were severed in January 1961 after the rise of Fidel Castro and his Communist government. Mr. Obama has instructed Secretary of State John Kerry to immediately initiate discussions with Cuba about reestablishing diplomatic relations and to begin the process of removing Cuba from the list of states that sponsor terrorism, which it has been on since 1982, the White House said.

President Obama will speak on the matter at 12:01ET….

The Good news…

Here’s The President in 2010… Statement by the President on the Human Rights Situation in Cuba Continue reading »

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Dec 17

H/t reader squodgy:

“If you really believe N.Korea is behind this, I have some of Saddam’s nuclear weapons for sale.

Hackers? How about a pretense for enacting cyber martial law (censorship of alternative media while PNAC engages in the next step of making war vs Russia.)

At the council of the Beast:
“Hey, fellow lizard-people [bankers, khazars, and other parasitic demons of this planet], we seem to be some 18 to 60 trillion dollars in debt. We desperately need a false flag scapegoat to blame for our impending financial collapse, now that BRICS are raining down on us. Let’s set up a global campaign of false flags, including cyberattacks and our pet armies of IS [let’s not degrade the name of the Goddess, please], leading up to our grand finale when we nuke wall street and send a fleet of MiG drones to attack European civilians, then we can implement the endgame of PNAC, because we have already lost to Eurasia economically and must start the main phase of WW-PNAC before BRICS military capability exceeds ours, which will happen very soon at the present rate.”

Author said:
“For example, what happens if the same group […] decides to
hack […] nuclear power plants and force them into critical meltdowns?”

Well, i dunno, why don’t you ask the programmers of STUXNET over at CIA-Mossad? They seem to have experience with such things, having earned the record for the worst friendly-fire incident ever, when their virus leaked from Iran to Japan, causing Fukushima Daiichi’s emergency systems to fail, killing or mutating all life in and on the Pacific?”


The-interview-Sony-hack

- Hackers in charge: Sony hack and theater pullback reveals new era of hackers trouncing multinational corporations (Natural news, Dec 17, 2014):

Note the day of December 16th, 2014. That day will mark a milestone in history because it was the first time a U.S. cinema chain censored the launch of a movie due to threats from hackers.

“Carmike Cinemas has canceled the nationwide Christmas Day release of Sony’s ‘The Interview,’ the first theater chain to do so on the day hackers threatened 9/11-like attacks on theaters that showed the movie,” reported The Wrap today. [1]

Sony pictures has been under siege ever since an elaborate hack stole studio files and emails, some of which have already been released to the great embarrassment of studio executives and Hollywood stars. Natural News hasn’t covered any of this because it all seemed so pointless… until today. Continue reading »

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Dec 17


- PIGMEN WIN AGAIN (The Burning Platform, Dec 16, 2014):

“The real owners are the big wealthy business interests that control things and make all the important decisions. Forget the politicians, they’re an irrelevancy. The politicians are put there to give you the idea that you have freedom of choice. You don’t. You have no choice. You have owners. They own you. They own everything. They own all the important land. They own and control the corporations. They’ve long since bought and paid for the Senate, the Congress, the statehouses, the city halls. They’ve got the judges in their back pockets. And they own all the big media companies, so that they control just about all of the news and information you hear. They’ve got you by the balls. They spend billions of dollars every year lobbying ­ lobbying to get what they want. Well, we know what they want; they want more for themselves and less for everybody else.”
- George Carlin

Too Pig To Fail - Congress

After the disgusting example of politicians of both spineless parties bowing down before Wall Street, the military industrial complex and corporate interests this weekend with the passage of a bloated pig of a spending bill totaling $1.1 trillion, how can anyone not on the payroll of the vested interests not admit there is only one party – and it serves only the needs of the wealthy business interests. Obama, champion of the common folk, signed this putrid example of political corruption and corporate capture of the American political system. For all the believers who voted for the red team in the November mid-terms, this is what you got – a bipartisanship screwing of the American people. Continue reading »

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Dec 17

Vladimir-Putin

- A Full-Blown Economic Crisis Has Erupted In Russia (Economic Collapse, Dec 16, 2014):

The 8th largest economy on the entire planet is in a state of turmoil right now.  The shocking collapse of the price of oil has hit a lot of countries really hard, but very few nations are as dependent on energy production as Russia is.  Sales of oil and natural gas account for approximately two-thirds of all Russian exports and approximately 50 percent of all government revenue. So it should be no surprise that the fact that the price of oil has declined by almost 50 percent since June is absolutely catastrophic for the Russian economy.  And when you throw in international sanctions, wild money printing by the Central Bank of Russia and unprecedented capital flight, you get the ingredients for an almost perfect storm.  But those of us living in the western world should not be too smug about what is happening in Russia, because the nightmare that is unfolding over there is just a preview of the economic chaos that will soon envelop the whole world.

So far this year, the Russian ruble has fallen nearly 50 percent against the U.S. dollar.  That is a monumental shift.  And as the collapse of the ruble has accelerated in recent days, we are seeing scenes in Russia that are reminiscent of the Weimar Republic.  For example, just consider the following excerpt from an article that just appeared in the New York TimesContinue reading »

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Dec 17

ISIS-1

- ISIS Unleash “Scorpion” Bombs In Iraq (ZeroHedge, Dec 16, 2014):

Just when you thought you had seen it all, Islamic State militants turn up the amplifier of terror to 11. As The Mirror reports, ISIS is launching bombs containing live scorpions as the latest terror weapon in Iraq. Canisters of the creatures are being blasted into towns and villages, according to a British military expert who has just returned from the country. Hamish de Bretton-Gordon, ex-head of chemical and biological weapons for the Army and Nato, said: “it’s madness. IS have improvised devices to launch them.” The weapon harks back to the scorpions stuffed into pots and launched by Iraqis thousands of years ago – in 198 AD.

As The Mirror reports,

Islamic State militants are launching bombs containing live scorpions as the latest terror weapon in Iraq. Continue reading »

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Dec 17

First, of course I do not believe anything MSM or the government tells me.

Second, if this poll numbers were actually true, then everybody in support of torture should get waterboarded (our brave politicians and all of their family members who are in support of it first!!!), to make sure that they know what they are talking about. And then we’ll ask them again, if they are still in support of torture.

Third, let theAmerican people know what the CIA is doing …

- Former UK ambassador: CIA sent people to Uzbekistan for extreme torture, to be ‘raped with broken bottles,’ ‘boiled alive’ and ‘having their children tortured in front of them’:

Craig Murray, the rector of the University of Dundee in Scotland and until 2004 the UK’s ambassador to Uzbekistan, said the CIA not only relied on confessions gleaned through extreme torture, it sent terror war suspects to Uzbekistan as part of its extraordinary rendition program.

“I’m talking of people being raped with broken bottles,” he said at a lecture late last month that was re-broadcast by the Real News Network. “I’m talking of people having their children tortured in front of them until they sign a confession. I’m talking of people being boiled alive. And the intelligence from these torture sessions was being received by the CIA, and was being passed on.”

… and if they are really willing to support this.


Torture Made In USA

- New Poll Finds 59% Of Americans Support Post-9/11 Torture – Propaganda, Cultural Sickness, Or Both? (Liberty Blitzkrieg, Dec 17, 2014):

Ever since the torture report was released last week, U.S. television outlets have endlessly featured American torturers and torture proponents. But there was one group that was almost never heard from: the victims of their torture, not even the ones recognized by the U.S. Government itself as innocent, not even the family members of the ones they tortured to death. Whether by design (most likely) or effect, this inexcusable omission radically distorts coverage.

Whenever America is forced to confront its heinous acts, the central strategy is to disappear the victims, render them invisible. That’s what robs them of their humanity: it’s the process of dehumanization. That, in turns, is what enables American elites first to support atrocities, and then, when forced to reckon with them, tell themselves that – despite some isolated and well-intentioned bad acts – they are still really good, elevated, noble, admirable people. It’s hardly surprising, then, that a Washington Post/ABC News poll released this morning found that a large majority of Americans believe torture is justified even when you call it “torture.” Not having to think about actual human victims makes it easy to justify any sort of crime.

– From Glenn Greenwald’s latest piece: U.S. TV Provides Ample Platform for American Torturers, but None to Their Victims

After reading about a new poll that shows 59% of Americans support post 9/11 torture, I’ve spent the entire morning thinking about what it means. Does this confirm the total degeneration of American culture into a collective of chicken-hawk, unthinking, statist war-mongering automatons? Alternatively, does it merely reflect the effectiveness of corporate-government propaganda? Is it a combination of both? How does the poll spilt by age group?

These are all important questions to which I do not have definitive answers, but I have some thoughts I’d like to share. First, here are some of the observations from the Washington Post: Continue reading »

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Dec 17


Dec 15, 2014

Description:

Merging medical information with your drivers license information. It’s all about increased concentration in this North American Union. Dan Dicks of Press For Truth talks to Kelly Scott Kolodiazny, a medical cannabis user who renewed his drivers license only to find his medical marihuana ID planted on the drivers’ license card. He can’t get answers as to why his drivers abstract now has his medical information.

“ICBC, the RCMP, border guards… Why do all these people need my medical information? That’s between me and my doctor. And it shouldn’t be between anybody else.”

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Dec 16

- Western Banks Cut Off Liquidity To Russian Entities (ZeroHedge, Dec 16, 2014):

As Zero Hedge first reported today, shortly before noon one (and subsequently more) FX brokers advised clients that any existing Ruble positions would be forcibly closed out because “western banks have stopped pricing USDRUB“, over concerns of Russian capital controls. Ironically, it was this forced liquidation of mostly short RUB positions that pushed the RUB higher, which in turn had a briefly favorably impact on energy commodities and risk assets, as the market had by then perceived the Ruble selloff as excessive. Of course, since nothing had actually changed aside from a temporary market technical, the selloff promptly resumed into the close of trading once the market finally understood what we had explained hours previously.

And unfortunately for the bulls, various falling knife-catchers, and those who hope the Russian situation will stabilize imminently with or without capital controls, it appears things in Russia are about to get a whole lot worse because as the WSJ reports, the next driver of the Russian crisis is likely to come from within the banking system itself because global banks are curtailing the flow of cash to Russian entities, a response to the ruble’s sharpest selloff since the 1998 financial crisis.”

Presenting Russia’s banks: now cut off from the outside world as the second cold war goes nuclear, at least when it comes to the financial system:
Continue reading »

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Dec 16

Obama-Putin1

- Obama To Sign Off On Lethal US Aid To Ukraine By End Of Week, Russian Response To Follow (ZeroHedge, Dec 16, 2014):

As we reported over the weekend, in the tumult surrounding Citigroup’s annexation of Congress with the passage of the theatrically dramatic $303 trillion derivative quid-pro-$1.1 trillion spending quo, what most missed is that Congress also unanimously passed the The Ukraine Freedom Support Act of 2014, which not only expands Russian sanctions (read the details here) but far more impotantly, provides “lethal assistance to Ukraine’s military.” And as we explained, passage of this law is just the pretext some Russian legislators needed to push for a full-blown, preemptive military incursion in east-Ukraine. Continue reading »

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Dec 16
Iskander-M missile system
FILE PHOTO: Iskander-M missile system (RIA Novosti / Alexander Vilf)

- Russian military completes rapid-deployment drills in Kaliningrad (RT, Dec 16, 2014):

The Russian military has concluded a massive surprise drill in the Kaliningrad region to test the combat readiness of some 9,000 troops and 642 vehicles, including tactical Iskander-M ballistic missile systems rapidly deployed from the mainland.

The drills took place December 5-10, the head of the main Operation Directorate of General Staff, Lieutenant General Andrey Kartapolov announced on Tuesday. Military units and formations deployed in the Western Military District were brought to their highest level of combat readiness at 7 p.m. Moscow time on December 5.

The exercises involved missile and artillery units, mechanized infantry, airborne troops and marines, division reconnaissance, communications, logistics, as well as the crews of combat and military transport aircraft and helicopters, and vessels of the Baltic Fleet.

Tactical Iskander-M ballistic missile systems of the Western Military District’s missile brigade were rapidly transferred from Russia’s mainland to conduct off-the-march combat training tasks. Within two days, two brigades were deployed in Kaliningrad by the military transport aircraft and vessels of the Baltic Fleet. Continue reading »

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Dec 16

- Ruble plummets losing more than 20% in a day, hitting new dollar and euro lows (RT, Dec 16, 2014):

No end seems to be in sight for the plight of the Russian ruble, which slumped to new record lows against hard currencies Tuesday. The EUR traded at 93.5 against the ruble, and the USD at 75.

The Russian stock market also went haywire, dropping more than 15 percent as of 2:30pm Moscow time, after it dropped 11 percent the day before. Sberbank, the country’s largest lender, lost 17.77 percent, and VTB, the second biggest bank, fell by 14.29 percent. State-owned oil and gas companies Gazprom, Rosneft, and Surgut also saw shares plummet.

The emergency interest rate hike to 17 percent has failed to halt the ruble’s landslide tumble against hard currencies. The rate increase only calmed the ruble temporarily. Continue reading »

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Dec 16

A demonstrator holds a placard outside the entrance to the IGas Energy exploratory gas drilling site at Barton Moss near Manchester in northern England

- Frack-down: Cops sought names of attendees at university debate on fracking (RT, Dec 16, 2014):

Amid an increase in incidences of police attempting to infiltrate various public meetings and events, a university in Kent revealed that police had requested a list of people expected to attend a public debate on fracking.

Canterbury Christ Church University had attempted to do what many institutions of higher learning have done before: debate the advantages or disadvantages of a particular social practice. In this case, fracking. What made this event a bit different from previous ones, however, is that the university received a request from the local police to provide a list of guests expected to attend the event, the Guardian reported.

University officials said they had been “contacted for a list of attendees” at the campus debate, entitled ‘Engaging Sociology, Fracking in the UK’, but did not comply with the police request, stating that “the university did not feel it was appropriate to provide the information,” the report in the UK daily said. Continue reading »

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Dec 16

MSM-propaganda

- War by Media and the Triumph of Propaganda (Truthout, Dec 15, 2014):

The times we live in are so dangerous and so distorted in public perception that propaganda is no longer, as Edward Bernays called it, an “invisible government.” It is the government.

Why has so much journalism succumbed to propaganda? Why are censorship and distortion standard practices? Why is the BBC so often a mouthpiece of rapacious power? Why do The New York Times and The Washington Post deceive their readers?

Why are young journalists not taught to understand media agendas and to challenge the high claims and low purpose of fake objectivity? And why are they not taught that the essence of so much of what’s called the mainstream media is not information, but power? Continue reading »

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Dec 15

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- Russia Shocks With Emergency Rate Hike, Boosts Interest Rate From 10.5% To 17% (ZeroHedge, Dec 15, 2014):

Following the biggest rout to the Ruble in ages, Russia – unlike Mario Draghi – instead of talking the talk decided to walk the bazooka walk and shocked all those long the USDRUB by unleashing an emergency rate hike (at 1 am in the morning) from the recently raised interest rate of 10.50% to… hold on to your hats… 17.00%, a 650 bps increase!

From the press release:

The Board of Directors of the Bank of Russia has decided to increase from December 16, 2014 the key rate to 17.00% per annum. This decision was driven by the need to limit significantly increased in recent devaluation and inflation risks. Continue reading »

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Dec 15

Gold-Vault

- Why Russia And China Are Buying Gold, According To An Economics Professor (ZeroHedge, Dec 15, 2014) 

We already know that to at least one, sadly all too prominent, career economist gold is held by central banks simply due to “tradition.” Here is how another professor of economics perceives the value of gold to central banks.

To Joshua Aizenman, a professor of economics and international relations at the University of Southern California, dabbling in gold is mainly an attempt by bankers and officials to send a message to the world — one that signals an appetite for power or that broadcasts a desire to challenge a rival. “I doubt that the Chinese or the Russians actually believe that gold is such a great investment in terms of pure returns,” Professor Aizenman said. “But if they’re trying to suggest that they’re unhappy with the dollar or that they want to become a global player, then gold is very powerful.

“The investment is a symbol,” he explained. “It’s made for political, not financial, gain.”

That explains it: not just tradition, but symbolic tradition. Actually, let’s just combined what all prominent economists have recently said about gold, and we get… a 6000-year-old symbolically traditional bubble.

Source: NYT.

 

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Dec 15

- Open Letter to the World from a Blocked Ukrainian Parliamentarian (ZeroHedge, Dec 14, 2014):

The following letter, written months ago but unfortunately unpublishable in the Ukrainian dictatorship that was imposed in February, was finally posted publicly at the Russian fortruss website on Sunday, December 14th, by Elena Bondarenko, a member of former Ukrainian President Viktor Yanukovych’s Party:

——

Elena Bondarenko

My friends, here is my declaration. I ask that you share it to the extent possible. If you can translate it into other languages, please do!

I, Elena Bondarenko, People’s Deputy from the Party of Regions, finding myself in opposition to the current power in Ukraine, wish to declare that this administration has resorted to direct threats of physical elimination of the opposition in Ukraine; has resorted to suspending the right of freedom of speech, in parliament and out, and is implicated in complicity in crimes not just against politicians, but even against their children. The everyday life of an opposition deputy is this: constant threats, unofficial ban from the airwaves, targeted persecution. Everyone who calls for peace is immediately branded as an enemy of the people, just as in 1930’s Germany, or in McCarthyite US. Continue reading »

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Dec 15

- China, Russia Dump US Treasurys In October As Foreigners Sell Most US Stocks Since 2007 (ZeroHedge, Dec 15, 2014):

Perhaps the most notable feature of the October Treasury International Capital report is that in October foreigners sold a whopping $27.2 billion in US equities, surpassing the dump just after the first Taper Tantrum, when they sold $27.1 billion in June of 2013 when they also sold $40.8 billion in Treasurys. This was the largest selling of US corporate stocks by foreign entities since the August 2007 quant flash crash, when some $40.6 billion in US stocks were sold by offshore accounts.

TIC Dec Stocks

However, what this month’s TIC data will surely be best remember for, is that both China and Russia dumped US Treasurys in October, some $14 billion and $10 billion, respecitvely, in the process sending China’s total Treasury holdings to just $1,253 billion, the lowest since February 2013 and just $30 billion more than the TSYs held by America’s second largest (offshore) creditor, Japan. This happens even as Belgium which many have said is a proxy for Chinese bond purchases, also saw its total holdings decline by $5 billion to $348 billion. Continue reading »

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