- Austerity At The Olympics: Each “Gold” Medal Contains 1.34% Gold (ZeroHedge, July 30, 2012):
As every Olympic athlete knows, size matters. The London 2012 medals are the largest ever in terms of both weight and diameter – almost double the medals from Beijing. However, just as equally well-known is that quality beats quantity and that is where the current global austerity, coin-clipping, devaluation-fest begins. The 2012 gold is 92.5 percent silver, 6.16 copper and… 1.34 percent gold, with IOC rules specifying that it must contain 550 grams of high-quality silver and a whopping 6 grams of gold. The resulting medallion is worth about $500. For the silver medal, the gold is replaced with more copper, for a $260 bill of materials. The bronze medal is 97 percent copper, 2.5 percent zinc and 0.5 percent tin. Valued at about $3, you might be able to trade one for a bag of chips in Olympic park if you skip the fish.
Size Matters…(via BBC)
Though Olympic gold is no longer 100 percent gold, a medal can still fetch big money. In 2010, a gold medal worn by Mark Wells, a member of the 1980 “Miracle on Ice” U.S. men’s hockey team, was auctioned off for $310,700. Several years before that, Wells had sold his medal to cover medical expenses. Just before the auction, the medal was valued at $100,000 but it earned three times that amount. Heritage Auctions of Dallas identified the 2010 buyer as a rancher from the western U.S.
The question remains – with the minimum 103 medals expected to be won by US athletes, will Bernanke be forced to reduce the size of NEW QE as ‘all that precious metal is horded and repatriated back to the USA’?
Source: Dillon Gage
Olympic bosses have promised to investigate major sponsors after banks of empty seats were spotted at several sold-out Games venues today.
Several high-profile venues, including the Aquatics Centre in the Olympic Park and the gymnastics arena in North Greenwich, had rows of empty seats during morning sessions on the first day of the Games.
- Dave Barry: A bit of outrage in the ‘Isles of Wonder’ as Olympics kick off (McClatchy, July 27, 2012):
LONDON — The Olympics officially got under way Friday with the much-anticipated opening ceremony, titled “Isles of Wonder,” which, as the name suggests, was a spectacular three-hour tribute to Hawaii.
No, seriously, it was a tribute to Great Britain, starting with the past, when this was a rural society – depicted in the show by 120 actual farm animals, including sheep, horses and cows – then moving forward through Britain’s many great historic achievements such as the Beatles. The complex and imaginative show went off without a hitch, except for one unfortunate incident when four of the sheep were shot by members of the Kazakhstani Olympic archery team, who apparently misunderstood the nature of the event.
Al-Alam and Reuters Report Hillary Clinton Convoy Attack in Israel
- Breaking/Confirmed: Sec Clinton Assassination Attempt in Israel (Updated) (Veterans Today):
Israeli radio and Reuters broke the story then went mysteriously silent, an assassination attempt inside Israel, on Secretary of State Clinton.
Soon afterward, Iran’s national network, al Alam went public with a translated version which is being boycotted by news services.
Details on the unsuccessful murder attempt on America’s top diplomat below but first some background.
Possibly responsible for the assassination attempt on Clinton is this tale of deceit by Rep. Michelle Bachmann as outlined by CNN’s Andersen Cooper:
We see this as part of a pattern of escalation by Israel, carefully orchestrated terrorism which may well culminate in an attack on the London Olympics as has been predicted by many. Nothing less could bring about the result Netanyahu desires, a massive US and NATO air attack on Iran, and note this carefully, not an attack on Syria.
The video below describes how Israeli contractors are sabotaging London Olympic security. Highly credible source:
It is our opinion that this is a valid news story. We believe the attack on Clinton is related to the current political upheaval in Israel, an attempt to kill Clinton, blame Iran and take the focus off the domestic political meltdown.
We also feel the bus attack in Bulgaria, killing 6 Israeli citizens is highly suspect for the same reasons as well.
Israeli radio broke the story Sunday night, midnight, but never mentioned it again. This has been confirmed by sources inside Israel
The real story as we have been able to learn is this; About 16 hours ago, Secretary Clintons convoy, traveling from Tel Aviv to Jerusalem, was attacked. There would have been a minimum of 3 to 5 vehicles, with Clinton probably traveling in a bulletproofed Chevy Tahoe or Israel built Toyota Land Cruiser.
This follows the story earlier of an attack on a bus loaded with Israeli tourists that exploded in Bulgaria. Six were killed. Netanyahu said he would respond by attacking Iran. It is our opinion that this was a Mossad “false flag” operation much as was the Clinton assassination attempt. Bulgarian security services are trained by the Mossad. There are dozens of Mossad agents operating in Bulgaria which still has in place massive Soviet era security services that follow all tourists and check on every “overnight” guest in Bulgaria.
In fact, you can’t leave Bulgaria without meal and hotel receipts being reviewed. Bulgaria is considered, next to North Korea, the most “watchful” nation on earth.
There has never been evidence of any Iranian security personnel operating in Eastern Europe though Iran could, if they chose, claim retaliation for the murder inside Iran of a number of scientists and their families, acts openly admitted to by Israel. Iran has, however, made no such threats.
Coincidentally, the attack on Clinton was within hours of her statement in support of Israel regarding the Bulgarian attack. We do not believe in coincidences and find the timing of these events and the arrival of the USS Stennis, another American aircraft carrier in the Persian Gulf, to be coincidental also.
Were Secretary Clinton murdered as intended, Iran would have been blamed also as would Iran have been blamed for the US Navy’s attack on a Dubai fishing boat which failed to sink, a boat the Navy said was “Republican Guard” but returned to Dubai with dead and wounded fishermen who were gunned down, unarmed by American .50 caliber machine gun rounds.
In making these statements, which will surprise none of the world’s intelligence community, we expect reprisals from Mossad based press management and intimidation groups, such as the one that suppressed the Clinton murder attempt.
A white Citroen DS, a French car built (assembly plant in Israel) drove alongside the convoy and opened up on Clinton’s vehicle with automatic weapons fire.
Normal security procedures should have prevented any vehicle on open regions from coming within 200 meters of Clinton. Additionally, the Secretary of State would have traveled with Apache helicopter air support above while on open highway.
Thus, the concept of a cheap French sedan with plastic wheels and a 1 litre deisel engine escaping such an incident is fanciful.
The translation of the intercepted Reuter’s story from Israel is below.
We list probability of the story being high and that networks are being asked to suppress the incident as an embarrassment to Israel.
Reports are coming in, to Israeli blogs, radio and TV that red flares and illumination is seen at the “alleged ” site.
This is the first visit by Secretary Clinton to Israel in two years:
Israeli sources reported that the procession of Hillary Clinton Secretary of State was fired on yesterday, while passing through on the road to Jerusalem – Tel Aviv,” states Al-Alam News.
According to information published by the site ‘Reuters’, the car was a white‘Citroen’.
The assassition team approached the Clinton convoy and opened up with multiple automatic weapons.
Secretary Clinton was not injured but members of the security staff spoke with press, leading to a news announcement in Israel which was quickly denied.
Citizens of the region noted the area under “illumination” used, either artillery or dropped from aircraft.
Tags: Assassination, Barack Obama, False flag, Global News, Government, Hillary Clinton, Iran, Israel, London, Michele Bachmann, NATO, Obama administration, Olympic Games, Olympics, Politics, Society, Terrorism, Terrorists, U.S.
- Britain flooded with ‘brand police’ to protect sponsors (Independent, July 16, 2012):
Hundreds of uniformed Olympics officers will begin touring the country today enforcing sponsors’ multimillion-pound marketing deals, in a highly organised mission that contrasts with the scramble to find enough staff to secure Olympic sites.
Almost 300 enforcement officers will be seen across the country checking firms to ensure they are not staging “ambush marketing” or illegally associating themselves with the Games at the expense of official sponsors such as Adidas, McDonald’s, Coca-Cola and BP. The clampdown goes on while 3,500 soldiers on leave are brought in to bail out the security firm G4S which admitted it could not supply the numbers of security staff it had promised.
- Team USA To Be Decked Out in Uniforms Made in China (ABC News, July 11, 2012):
ABC News’ Sharyn Alfonsi reports:
They are the pride of America – Team U.S.A. – and for the opening ceremonies of the Summer Olympics in London, they’ll be proudly wearing red, white and blue, from beret to blazer.
The classic American style – shown in an image above – was crafted by designer Ralph Lauren. But just how American is it?
When ABC News looked at the labels, it found “made in China.“
Every item in the uniforms that the U.S. athletes will be wearing at the opening ceremony in London will carry an overseas label.
Nanette Lepore, one of the top U.S. fashion designers, said she was shocked that none of the uniforms had been made in the states. Further, Lepore said that it was “absolutely” possible that the athletes could have been outfitted in U.S.-made clothing. She said U.S. manufactures could have easily made the uniforms – and for less.
Here’s how much the uniforms cost: Continue reading »
Thousands more Armed Forces personnel will be forced to carry out “menial” security work for the Olympic Games, leaving defence chiefs furious.
- MoD fury as soldiers forced to carry out menial security tasks for Olympic Games (Telegraph, July 11, 2012):
The British Army has been ordered to provide more troops for the Games to make up for a shortfall in staff provided by private security contractors.
The Daily Telegraph understands that defence chiefs have angrily complained to Olympic organisers, accusing them of mismanaging their security contract and leaving the Armed Forces to bear the burden.
The Ministry of Defence last year said that 13,500 military personnel would be assigned to Olympic duties, with 7,500 of them in security roles at Olympic venues.
It is understood that another 3,500 troops have now been told to prepare for duties at Games sites. More troops have now been given ‘notice to move’ orders, an Army source revealed.
Defence sources said that the total military contribution to the Games is now likely to reach 20,000 personnel – more than a tenth of the entire Armed Forces.
Many of the troops assigned to the Games are Afghan veterans. They will be ordered to carry out rudimentary security work including bag searches at venue entrances.