On the (high) heels of sanctions and oil-price-collapses, the plunge in the Russian Ruble is even impacting the oldest profession in the world as brothels begin pegging transaction fees to the dollar. As LiveLeak so eloquently reports, the cost of getting laid in Russia just became more expensive – thanks Obama!! An escort agency in the northern port of Murmansk has raised rates 30-40% (a friend told us) from the $130-per-two-hours “spending time with an employee” but it is workers in The Urals that are really suffering where sex workers have raised rates between 50 and 100%. It appears someone has crossed a red line…
It also means that total US debt to nominal GDP as of Sept 30, which was $17.555 trillion, is now 103%. Keep in mind this GDP number was artificially increased by about half a trillion dollars a year ago thanks to the “benefit” of R&D and intangibles. Without said definitional change, debt/GDP would now be about 106%.
It also means that total US debt has increased by 70% under Obama, from $10.625 trillion on January 21, 2009 to $18.005 trillion most recently.
And now we wait for the US to become Spain, and add the estimated “contribution” from hookers and blow to GDP, once again pushing the total debt/GDP ratio below the psychological 100% level.
With the apparent goal of ‘protecting civilians’ from ISIS and Syria’s al-Assad, the US and Turkey appear to be close to agreeing on the creation of a no-fly-zone along a portion of the Syrian border. As WSJ reports, U.S. and Turkish officials have narrowed their differences over a joint military mission in Syria that would give the U.S. and its coalition partners permission to use Turkish air bases to launch strike operations against Islamic State targets across northern Syria. The no-fly-zone would provide sanctuary to Western-backed opposition forces and refugees. As Bloomberg notes, this is a significant reversal of Obama’s earlier policy (fearing it would be a significant strain on the U.S. Air Force and put fliers in mortal danger) pushing US closer to outright proxy war with Russia via direct confrontation with al-Assad’s airforce.
NDCC war room. Computer simulation. Image by Defence Ministy
Russia is launching a new national defense facility, which is meant to monitor threats to national security in peacetime, but would take control of the entire country in case of war.
The new top-security, fortified facility in Moscow includes several large war rooms, a brand new supercomputer in the heart of a state-of-the-art data processing center, underground facilities, secret transport routes for emergency evacuation and a helicopter pad, which was deployed for the first time on Nov. 24 on the Moscow River. The Defense Ministry won’t disclose the price tag for the site, but it is estimated at the equivalent of several billion dollars.
ermany’s international broadcaster Deutsche Welle (DW) published a video report of immense implications – possibly the first national broadcaster in the West to admit that the so-called “Islamic State” (ISIS) is supplied not by “black market oil” or “hostage ransoms” but billions of dollars worth of supplies carried into Syria across NATO member Turkey’s borders via hundreds of trucks a day.
The report titled, “‘IS’ supply channels through Turkey,” confirms what has been reported by geopolitical analysts since at least as early as 2011 – that NATO member Turkey has allowed a torrent in supplies, fighters, and weapons to cross its borders unopposed to resupply ISIS positions inside of Syria.
In one surreal scene from the DW report, anti-Syria terrorists are seen walking across the border and literally shot dead just on the other side by Kurdish fighters.
Local residents and merchants interviewed by Germany’s DW admitted that commerce with Syria benefiting them had ended since the conflict began and that the supplies trucks carry as they stream across the border originates from “western Turkey.” The DW report does not elaborate on what “western Turkey” means, but it most likely refers to Ankara, various ports used by NATO, and of course NATO’s Incirlik Air Base.
Yesterday, when we commented on what was largely a pre-determined outcome of the Swiss gold referendum, we said that there still “is the question of what happens to the tension in the gold swap market: as noted last week, the 1 Month GOFO rate had tumbled to the most negative in over a decade. It was not clear if this collateral gold squeeze was the result of Swiss referendum overhang or due to other reasons. The market’s reaction on Monday should answer those questions.”
Well, a few hours ago we got the GOFO update for the “day after” and the answer is clear: it wasn’t fear of the Swiss referendum after all because the 1 Month GOFO just crashed even deeper into negative territory with the entire curve through 6M now red, and with 12 month GOFO just 0.6 bps away from negative for the first time. At this rate, tomorrow’s update will suggest that big institutions expect the gold swap shortage to persist through the end of 2015!
Also, judging by the gold reaction, which is about $50 from the overnight lows, someone else appears to have noticed that the rather shocking shortage of synthetic gold among institutions, which is finally seeping through into that whole “price discovery” process, where supply and demand actually matter.
Bottom line: whatever caused the record scramble for rehypothecated gold, it wasn’t fears about the outcome of the Swiss referendum. Something else spooked the precious metal a month ago, and as seen on the chart above, things have only gotten progressively worse since then.
As noted previously, total US debt is now over $18 trillion. Here is where it gets even more surreal: debt held by the public on January 20, 2009, Obama’s inauguration day, was $6.3 trillion. It is now $12.9 trillion, a 105% increase. And here, for your viewing pleasure, is Senator Barack Obama saying on July 3, 2008, that the $4 trillion in debt added by Bush was “irresponsible and unpatriotic”…
With a third of S&P 500 capital expenditure due from the imploding energy sector (and with over 20% of the high-yield market dominated by these names), paying attention to any inflection point in the US oil-producers is critical as they have been gung-ho “unequivocally good” expanders even as oil prices fell. However, as Reuters reports, new data suggests that the much-anticipated slowdown in shale country may have finally arrived – permits for new wells dropped 15% across 12 major shale formations last month, as one analysts warns, “the first domino is the price, which causes other dominos to fall.”
When a well paid NFL football lineman quits the game to raise food for the needy, that’s an unusually interesting story. After St. Louis Rams center Jason Brown decided to leave the game for good, his agent told him that he was making the biggest mistake of his life. Jason adamantly replied, “No I’m not. No I’m not.
The build-up of NATO forces in Eastern Europe is hostile and destabilizes the Baltic, once the safest region in Europe, a senior Russian diplomat charged. The alliance’s chief accused Moscow of conducting aggressive exercises close to NATO borders.
The trade of accusations between Russia and NATO continued on Monday ahead of a NATO ministerial meeting this week.
By bringing in more weapons to Eastern Europe, some of them with highly-destructive power, the North Atlantic alliance is undermining regional security, Russia’s deputy foreign minister told Interfax.
“What are NATO military commander in Europe Philip Breedlove and the likes of him doing? They are trying to shake up the most stable region in the world, which is Europe’s north. Those endless military exercises, rebasing of aircraft capable of delivering nuclear weapons to the Baltic nations. This is the reality, a very negative one,” he said.
Big news for the Right to Know movement! Awareness regarding the dangers of genetically modified organisms (GMOs) has mushroomed, forcing the world to finally put genetically spliced food under the microscope.Organizers announced in London on November 11 that they will be performing the world’s first ever comprehensive and independent study on the safety of GMOs and their associated pesticides. Referred to as “Factor GMO,” the project has already begun the preparatory phase, but the full-blown experiment is expected to launch in 2015.The $25 million study will be the first long-term combined GMO/pesticide safety study involving multi-generational, toxicology and carcinogenicity arms. “Neutral” scientists with reportedly NO ties to the biotech industry or anti-GMO movement will be monitoring 6,000 rats fed GM corn over a three-year period.
The most popular name for baby boys in the UK is Muhammad, according to a new chart for 2014 compiled by BabyCentre. The name, also spelled as Mohammed and often given after the Muslim prophet, has seen an enormous gain in popularity, jumping 27 ranks.
So you don’t indulge in sugar. You never take antibiotics. You eat a pretty good diet. Why are you still battling Candida?You may have to look no further than your mouth. If you have amalgam fillings – mercury fillings – the cause of your Candidiasis might be staring back at you.
Over 50 percent of the government’s elected Police and Crime Commissioners (PCC) have been accused of misconduct and subsequently probed by the state’s policing watchdog, new figures reveal.
The Independent Police Complaints Commission (IPCC) has investigated “44 referrals from police and crime commissioners” relating to potential impropriety on behalf of 23 separate police chiefs, a spokesman for the body said on Monday.
This figure amounts to more than half of the 41 PCCS who were officially elected in November 2012, he told RT.
Unless the scientific community and political leaders act soon, cold, dark days are ahead, because the evidence is clear that the earth is rapidly growing colder because of diminished solar activity, says author John L. Casey, former NASA consultant.
Trends indicate we could be headed for colder temperatures similar to those seen in the late 1700s and early 1800s when the sun went into a “solar minimum” — a phenomenon with significantly reduced solar activity, including solar flares and sunspots, says Casey.
In his new book “Dark Winter,” Casey posits that a 30-year period of cold has already begun. Frigid temperatures and the food shortages that inevitably result could lead to riots and chaos.
“All you have to do is trust natural cycles and follow the facts, and that leads you to the inevitable conclusion that the sun controls the climate, and that a new cold era has begun,” says Casey.
Is it any surprise oil prices are cratering? With global GDP expectations plumbing cycle lows, JPMorgan just confirmed the global slowdown is accelerating as their Global Manufacturing PMI printed 51.8 – its slowest level of ‘expansion’ since September 2013.New Orders fell to the lowest reading since July 2013 and New Export Orders to the lowest since June 2013.
For the 3rd month in a row, US Manufacturing PMI dropped from 4-year highs to 10-month lows. At 54.8, missing expectations of 55.0 (and down from 55.9) for the 5th month of the last 6 as extrapolated hopes fade into the usual cyclical un-decoupled collapse into year-end (but ignore NRF data). Sadly for the bullish decoupling meme, Markit notes, “the principal cause of the slowdown is a renewed downturn in export orders, which fell for the first time since January.” So, amid all of this doom, ISM then beat expectations, printing 58.7 vs 58.0 expectations (down slightly from October’s 59.0 print) led by – rather ironically – new export orders surging… US data has gone full China.
Thousands of people have resigned from the Lutheran Church in Finland, after the nation’s parliament approved a same-sex marriage law and the church’s archbishop expressed support for the vote, Finland’s Yle News reported.
Another day full of global macroeconomic disappointments is certain to send the S&P500 to all time-higherest records as 100,000 or so E-mini contracts exchange hands between central banks and Citadel’s algos.
A week ago, when we reported that in a stunning move, the “Dutch Central Bank Secretly Withdrew 122 Tons Of Gold From The New York Fed“, and when looking at the NY Fed’s monthly reports of gold deposits by foreign entities, we observed that “we can see that while the 5 tons outflow in 2013 was most likely Germany, the recent surge in gold repatriation from Liberty 33 was the Netherlands. That said, only 77.5 tons of NY deposits gold has been officially repatriated through September, which means the October update, when it comes out, will be a doozy.” Yesterday, the long anticipated October update of “earmarked gold” held on deposit at the NY Fed was released, and sure enough it did not disappoint. Declining in dollar value from $8.305 billion to $8.248 billion, this was the equivalent of 42 tonnes of gold being withdrawn, in the process reducing net gold located in the vault of JPMorgan the NY Fed to 6,076 tonnes. The 42 tonnes withdrawal was also the biggest single monthly redemption from the NY Fed since 2001.
So with the 119 tonnes of gold withdrawn so far in 2014, it is now abundantly clear that the “logistical complications” excuse used by Germany to halt its own gold repatriation program was nothing but a lie to cover up what, as Deutsche Bank explained earlier this month, was an escalation of “diplomatic difficulties” between the US and Germany, one in which Germany has folded, if only for now.
Surrounded by radiation belts, Earth is being protected by an invisible shield that stops high-speed “killer electrons,” scientists have found after taking a closer look at the Van Allen belt 7,200 miles above our planet.
“Somewhat like the shields created by force fields on Star Trek that were used to repel alien weapons, we are seeing an invisible shield blocking these electrons,” the study’s lead author, Daniel Baker of the University of Colorado’s Laboratory for Atmospheric and Space Physics explained. “It’s an extremely puzzling phenomenon.”
This previously unknown phenomenon has been discovered by probes aimed at examining the so-called Van Allen belts, zones of donut-shaped rings around our planet.
Until March 2013, scientists assumed there were only two belts, filled with high-energy electrons and protons, surrounding Earth.
The Internal Revenue Service may have given thousands of confidential filings from private taxpayers to the White House to review, a lawsuit against the Treasury Department just revealed.
The suit, filed against Treasury’s inspector general by Cause of Action, a legal advocacy outfit, reveals a steady stream of communication went on between the White House and the IRS — a potentially “improper” stream, the group alleged, The Daily Caller reported.
Hacktivists aligned with the Anonymous movement have published credit card numbers and other personal information allegedly belonging to a leading Ku Klux Klan member amidst a grudge between the groups fueled by recent protests in Ferguson, Missouri.
Members of the loose-knit hacktivist collective have taken aim at the Klan in recent weeks after the KKK threatened to use lethal force against demonstrations descending on Ferguson to protest the August 9 killing of unarmed teenager Michael Brown by local police officer Darren Wilson. The feud between the groups has only escalated in the days since, though, and now Anons are circulating what they claim to be sensitive details about a powerful Klansman and his family.
Through a Twitter account formerly associated with the KKK but compromised by Anons earlier this month, hacktivists posted on Wednesday this week a trove of data purported to pertain to Frank Ancona, the self-described Imperial Wizard of the Missouri-based Traditionalist American Knights of the Ku Klux Klan.
Scores of Army National Guard and troops and police gang up to arrest protesters in street
(Video Source: DAHBOO7/YouTube)
FERGUSON, Mo. (INTELLIHUB.COM) — Youtuber DAHBOO7 managed to capture priceless video footage, on scene, as hundreds gathered on a city street, protesting the non-indictment of officer Darren Wilson, the cop who shot and killed 18-year-old Michael Brown.
“Oh crap, here they come”, DAHBOO7 said, referring to the military and police gathering in an adjacent parking lot.
“They thinks it’s a game”, yelled protesters loudly in the street.
“Who’s streets. Our streets”, they chanted. “Not the police streets”.
Then, about 4-minutes into the video, the protest suddenly takes a turn for the worst.
“Oh they’re chasing em’. Oh Shit!” DAHBOO7 says.
At this point, the military and police call out on a loud-speaker, “You are in violation of state law. […] You are subject to arrest.”, before charging peaceful protesters in two and three-man groups.
“On your knees. Let’s see your hands”, Guard members call out, detaining members of the public in a true ’1984′ fashion.
Soon dozens were arrested, tied, and carried off by both the police and Army National Guard troops.
Hundreds of people have gathered near the Scottish Parliament at Holyrood with St. Andrew’s Cross flags, music and speeches in a celebration of Scottish nationhood, amid continued demands for independence as St. Andrew’s Day celebrations got underway.
Poetry recitals, speeches and songs were on the agenda, as people wrapped themselves in flags and “Yes”-related paraphernalia. Even the blue Estelada could be seen among the crowds to show a degree of solidarity between various independence movements in Europe.
Even dinners will get more ‘romantic’ in the future …
SINGAPORE: Restaurant-goers in Singapore can expect to be served by autonomous flying robots – the world’s first commercial attempt – by the end of next year.
Infinium-Serve, the autonomous flying robotic waiters, will be first launched at one of Timbre Group’s five outlets in Singapore. Infinium Robotics CEO Woon Junyang estimated the project to cost a “low seven-figure sum” for the five outlets, subject to final negotiations and certain variables of the actual deployment of the robots.
Infinium Robotics signed a Memorandum of Understanding with Timbre Group on Oct 31. Both companies are seeking productivity-related government grants to help offset deployment costs.
A little over a year ago, we presented a “Yellow” asset, which was “the best performer of the past year.” It wasn’t gold: it was yellow cab medallions. As we wrote then, “the best returning asset class traded in the NY Metro area is yellow but doesn’t change hands on Wall Street…. over the last 12 months New York City taxi medallions have risen 49% in price, besting the relatively humdrum returns of the S&P 500 (up 21%), the NASDAQ (22%) and the Dow (18%). Medallions – essentially the right to operate a for-hail taxi in New York City – now trade for as much as $1.3 million, an all-time record.” In retrospect it was also the perfect time to cash out on the “yellow” euphoria. According to the NYT, “the average price of an individual New York City taxi medallion fell to $872,000 in October, down 17 percent from a peak reached in the spring of 2013, according to an analysis of sales data. Previous figures published by the city’s Taxi and Limousine Commission — showing flat prices — appear to have been incorrect, and the commission removed them from its website after an inquiry from The New York Times.”
Egypt’s former longtime ruler Hosni Mubarak was cleared of charges in a retrial Saturday and could soon be released — a stunning reversal for a man who faced life imprisonment or worse after a revolution toppled him in 2011.
A Cairo judge dismissed charges linking Mubarak to the deaths of hundreds of protesters during the 2011 revolt and found him not guilty of corruption.
Mubarak, who ruled Egypt as president for 29 years, was stoic as his supporters in the courtroom cheered the decision that capped a months-long retrial. The 86-year-old, reclining on a hospital gurney in a defendants’ cage, nodded while fellow defendants kissed him on the head.
Egyptian police in Cairo have used water cannon and tear gas against hundreds of demonstrators protesting against the acquittal of former president Hosni Mubarak by the local court.
According to Reuters, security officers also used birdshot to disperse the crowd.
RT’s Bel Trew reports from the Egyptian capital that live fire was allegedly applied by the police.
There are also unconfirmed reports that one person was killed in the clashes.
The police, who earlier promised to refrain from violence, released a statement saying that the use of force was justified, as members of the banned Muslim Brotherhood organization have infiltrated the ranks of the demonstrators.
Over the years, I’ve heard dozens and dozens of officers state that they will come to the people’s aid “when the time is right.” Until that unspecified time, the officers will just simply follow the orders of their betters. What exactly constitutes the right time?
Is it when departments are simply too busy to investigate thousands of rape cases?
Is it when the bodies of unarmed men, women, and children are piling up faster than we can report on all of them?
Is it when cops are arresting pastors and taking food from the mouths of the poor?
Is it when law enforcement opens fire on unarmed protesters?
Is it when it becomes common practice for officers to engage in blatantly unconstitutional activities?
Is it when officers enforce a soft form of martial law?
Is it when officers beat children in schools?
Is it when American citizens are getting locked up faster than people in Stalin’s Soviet Union?
Is it when every department in America is turned into a goon squad, even those at our children’s schools?
Health News Agency reports snow in 16 provinces, Western and Eastern Azerbaijan, Ardebil, Iran, Gilan, Lorestan, Iran, Bakhtiari, kohgiloyeh, Persian, Kurdish, Qazvin, Kermanshah, Kerman, and Zanjan, which has caused problems for people.
160 cars had been stuck in the snow, but were released by rescuers.
93/09/08 – 10:38 – I double checked the date on the Iranian calendar converter, the eight day of the ninth month (Azar) of 1393 is November, 29, 2014),” says Argiris. “Searching in Persian (Farsi) language, you find a lot of recent news articles about snowfall in Iran. But on the English language Iranian website http://www.presstv.ir/latest.html you can search for “snow”, only to find news about snowfall in the United States.”
A University of Windsor anti-cancer crusader may have discovered his most effective agent yet — a fruit that causes evil cells to commit suicide.
Dr. Siyaram Pandey, known for promising work on dandelion root extract, is thrilled with results from his initial research on long pepper fruit.
“It is very potent, which is surprising, actually,” said Pandey. “I wouldn’t be exaggerating to say it’s a little bit better than dandelion root extract.”
A compound from the long pepper fruit was first identified in the 1960s, but was then forgotten for decades until researchers at Howard University in Boston published a paper in 2011. The Bostonians screened 25,000 compounds for possible cancer-fighting properties and listed piper longum — or long pepper — at the top.
“America has no higher rate of social mobility than medieval England, Or pre-industrial Sweden,” he said. “That’s the most difficult part of talking about social mobility is because it is shattering people s dreams.”
“I, Darren Wilson, hereby resign my commission as a police officer with the City of Ferguson effective immediately. I have been told that my continued employment may put the residents and police officers of the City of Ferguson at risk, which is a circumstance that I cannot allow. For obvious reasons, I wanted to wait until the grand jury made their decision before I officially made my decision to resign. It was my hope to continue in police work, but the safety of other police officers and the community are of paramount importance to me. It is my hope that my resignation will allow the community to heal. I would like to thank all of my supporters and fellow officers throughout this process.”
One of the officers that killed James Boyd is retiring early with full benefits and gets to avoid the Internal Affairs investigation by doing so. The local media in Albuquerque is trying to downplay his retirement by running headlines that indicate the exact opposite of the truth.
Following heated debate, Prime Minister Benjamin Netanyahu’s cabinet has voted in favor of anchoring in law the status of Israel as “the national homeland of the Jewish people,” which critics fear would discriminate the Arab population.
According to the draft law, Israel’s Basic Laws would no longer define it as “Jewish and democratic” country, but as the Nation-State of the Jewish People.
15 Israeli ministers in the cabinet supported the ‘Jewish state bill,’ with only six, including Israeli Justice Minister, Tzipi Livni, saying ‘no’ to the initiative on Sunday.
The bill now has to be approved by the country’s parliament, Knesset, which is scheduled to vote on it on Wednesday.
Currently, the largest and most powerful helicopter to have ever entered production is the gargantuan Mi-26 ‘Halo’ of Russian origin, of which many still serve in governmental and commercial roles around the globe. After decades of the ‘Halo’ being on top, a new record holder is now said to be on the way, with Russia and China joining forces to make it happen.
The Environmental Protection Agency is a federal agency that is charged with the responsibility of writing and enforcing legislation to protect human health and the environment. Established under Nixon in 1970, the EPA is another one of those agencies that sounds like a good idea, until you peel off the shiny friendly top layer to discover the stench of corruption underneath. Up until now, they at least pretended to be there to serve as watchdogs, but it seems like they’ve decided to give up on that silly illusion.
The claim was as clear as it was chilling: behind the genteel façade of one of London’s most famous apartment blocks, children faced abuse on an industrial scale.
Every weekend, groups of vulnerable boys from local care homes were being smuggled to an address in Dolphin Square, Pimlico. There, after being plied with alcohol, they suffered sickening sexual assaults.
The paedophile ring orchestrating these crimes had, over time, come to believe it enjoyed immunity, a whistle-blower told police at the time.
After all, members were said to include a cross-section of Britain’s most influential politicians.
Japan Times, Nov 22, 2014 (emphasis added): Tepco fails to halt toxic water inflow at Fukushima… [TEPCO] admitted failure Friday in its bid to halt the flow of toxic water into underground tunnels alongside the ocean… Some 11,000 tons of highly radioactive water have accumulated in the tunnels… connected to the reactor 2 and 3 turbine buildings… according to Tepco. There are fears that this toxic buildup… could pour into the Pacific, which is already being polluted by other radioactive leaks… Friday, Tepco proposed a new technique for the tunnels: injection of a cement filler… some [highly radioactive water] would be left behind, endangering plant workers, Tepco acknowledged… [Gov’t experts] argued that Tepco should stick to the original plan and draw out all of the water. Others said giving up on it may hamper the construction of the ice wall.
In what could definitely be called a stunning move, the Netherlands has announced it has repatriated in excess of 120 tonnes of gold from the vaults of the Federal Reserve in New York to the Dutch Central Bank in Amsterdam. Officially a move made to rebalance the locations where the gold is being stored, one cannot ignore the fact that the Netherlands only repatriated a large part of the gold which was stored in New York and it did not touch the gold stored in Canada and London.
Additionally, it’s not just ‘some’ gold being brought back home, no, the total amount is 122.47 tonnes or almost 4 million ounces with a market value of $5B. This will reduce the exposure of the Dutch Central Bank to the US financial system as now just 31% of its gold is being stored in the vault of the Fed, coming down from 51%. We have the impression this won’t be the last repatriation as the Dutch Central Bank is keeping its shipping route secret ‘in case more gold needs to be repatriated’.
Sporadic confrontations and violence between protesters and police continued to occur overnight in Ferguson as multiple news agencies report grand jury considering whether to indict the Ferguson police officer who shot and killed teenager Michael Brown is unlikely to meet and render a decision this weekend. The fear, as we have previously noted, is a major uprising as one sign protested, “if the killer cop walks, AmeriKKKa Halts,” and as Fox reports, Brown family attorney is managing expectations, “99% of the time the police officer is not held accountable for killing a young black boy,” Crump said. “The police officer gets all the consideration.” There is, however, another potential reason for delaying the decision’s reporting, as VICE reports, business owners in the St. Louis, Missouri area have hired private military contractors to transport guns and gold, fearing their shops will be targeted by looters if a grand jury does not indict.
Ever since the ECB has introduced negative interest rates on its deposit facility, people have been waiting for commercial banks to react. After all, they are effectively losing money as a result of this bizarre directive, on excess reserves the accumulation of which they can do very little about.
However, there is an obvious flaw in taking such measures – at least is seems obvious to us. The Keynesian overlords at the central bank who came up with this idea have failed to consider a warning Ludwig von Mises once uttered about the attempt to abolish interest by decree.
Germany’s FM, Frank-Walter Steinmeier, has said he is against Ukraine joining NATO. In an interview with Der Spiegel, he said he considers “that it is possible for NATO to have a partnership with Ukraine, but not membership.” …
Police in Germany found a private nuclear-proof bunker made by a man who says he feared an attack from Russia. At least 140 different weapons were found in his “atomic safe” facility where he was planning to hide with his family.
The 59-year old electrician has been arrested on charges of storing illegal weapons and explosives which he hid in his self-made bunker near his house in Kelheim municipality in Bavaria, southeastern Germany,
All in all police confiscated 80 rifles, 60 handguns, two submachine guns, 20,000 rounds of ammunition and about 40 kilograms of substances for explosives production, said State Criminal Police Office (LKA)
The average UK household is just days away from an emergency situation in the event of sudden financial hardship, according to a new report to be released this week. Meanwhile, one food bank has reported a surge in new participants.
The consequences of severe economic fallout would present a real challenge for many people, considering that more than one-third of households (36 percent) in the UK have “no strategy in place to cope with financial hardship,” according to a report from Legal & General, citing data from the Centre for Economics and Business Research (CEBR).
British SAS troops have been conducting secret missions that have killed hundreds of Islamic State militants. Using quad bikes and 4×4’s in Iraq, they have been seeking out enemy forces usually at night, killing up to eight terrorists a day.
Michael Collins Piper on JFK and the Kosher Nostra
“This last 1900 point Dow Jones push upwards – and the Ebola events leading into it – it was so orchestrated and heightened at critical points but the ascent and push straight up in price, and sideways nonreaction after was completely unlike anything I’ve seen before. After going up for a record-breaking amount of time the last five or so years, in a nonlinear exponential mania type of ascent, there should normally be tremendous volatility that follows… After this year and especially this last 1900 point Dow run up in October, and post non-reaction, that I am 100 percent confident that that one buyer is our own Federal Reserve or other central banks with a goal to “stimulate” our economy by directly buying stock index futures.”
American Epidemic? NYPD cop shoots dead unarmed man ‘without warning':
The global financial system has come unglued. Everywhere the real world evidence points to cooling growth, faltering investment, slowing trade, vast excess industrial capacity, peak private debt, public fiscal exhaustion, currency wars, intensified politico-military conflict and an unprecedented disconnect between debt-saturated real economies and irrationally exuberant financial markets.
Yet overnight two central banks promised what amounts to more monetary heroin and, presto, the S&P 500 index jerked up to 2070. That is, the robo-traders inflated the PE multiple for S&P’s basket of US-based global companies to a nose bleed 20X their reported LTM earnings.
I’ve long written about how the percentage of sociopaths within a group of humans becomes increasingly concentrated the higher you climb within the positions of power in a society, with it being most chronic amongst those who crave political power (see: Humanity is Rising).
The security services are facing questions over the cover-up of a Westminster paedophile ring as it emerged that files relating to official requests for media blackouts in the early 1980s were destroyed.
Two newspaper executives have told the Observer that their publications were issued with D-notices – warnings not to publish intelligence that might damage national security – when they sought to report on allegations of a powerful group of men engaging in child sex abuse in 1984. One executive said he had been accosted in his office by 15 uniformed and two non-uniformed police over a dossier on Westminster paedophiles passed to him by the former Labour cabinet minister Barbara Castle.
Ah, national security. Remember that the next time you are lectured that we need to give up our civil liberties in the name of “national security.” Think about what that really means. It really means the security of the status quo to continue to behave like insane criminals with zero accountability.
It is unclear whether the person in charge of the Lois Lerner “disappeared IRS emails” strategy was also Dr. Gruber, but whoever conceived of the idiotic idea that the fatal failure of a local hard disk means that emails which are stored on at least one server miles away, and subsequently downloaded via POP3, IMAP or some other protocol, have vaporized, clearly also relied on the stupidity (and laziness) of the American people. And like in the case of Obamacare, the lies worked, if only for a short period of time. And because when it comes to lies coming from the very top, there is never just one cockroach, and they always inevitably scatter, the latest headache for a scandal-ridden president is that Lois Lerner’s email, supposedly gone in perpetuity, have mysteriously reappeared, and as the Washington Examiner reports, “up to 30,000 missing emails sent by former Internal Revenue Service official Lois Lerner have been recovered by the IRS inspector general, five months after they were deemed lost forever.”
In the wake of the failure of the U.S. Senate to move forward on the USA Freedom Act, many activists and civil liberties advocates have come to the conclusion that we can’t rely on the feds to do anything decent on the subject. One of the proposed grassroots ways to fight back has been an emphasis on increased use of encryption (recall my pre-Snowden era post, Bitcoin and Kim Dotcom: Why it’s Time to “Encrypt Everything”). Another obvious solution is for people to revolt at the local level. It appears that the citizens of Utah are doing just that.
I am a United Sates Army general, and I lost the Global War on Terrorism. It’s like Alcoholics Anonymous; step one is admitting you have a problem. Well, I have a problem. So do my peers. And thanks to our problem, now all of America has a problem, to wit: two lost campaigns and a war gone awry.
“The situation has become so bad… that a middle-aged investor, fearing that a local developer wouldn’t be able to make his promised interest payments, threatened to commit suicide in dramatic fashion last summer. After hearing similar stories of desperation, city officials reminded residents that it is illegal to jump off the tops of buildings.”
As The West shows its fortitude (and apparent philanthropy) with mere 32-degree Fahrenheit ice-bucket-challenges, Russian chemistry professor Yury Zhdanov goes 290-degrees better…
Nikolay Novosyolov, founder of a science popularization project, poured a bucket of liquid nitrogen, which temperature was minus 322 degrees Fahrenheit (minus 197 Celcuis), as part of the #IceBucketChallenge campaign, taking the world’s social media charity craze to a whole new level.
The ultimate goal of the anti-Russian sanctions imposed by some Western nations is to stir public protests and oust the government, Russian Foreign Minister Sergey Lavrov said.
“Western leaders publicly state that the sanctions must hurt [Russia’s] economy and stir up public protests. The West doesn’t want to change Russia’s policies. They want a regime change. Practically nobody denies that,” he told a leading think-tank in Moscow.
Lavrov said that the tensions between Russia and the West had been brewing for years before the Ukrainian crisis, adding that now the Europeans had decided to go for all-or-nothing and play chicken with Russia. But at least the positions have been made clear, Lavrov said.
German police used pepper spray and clashed with anti-EU protesters, who stormed and vandalized the new European Central Bank building, which is under construction now in central Frankfurt.
Calling themselves Blockupy, thousands of activists gathered in the city center on Saturday and marched to the goal of their protest, the new ECB office, which is to be inaugurated next March.
The cost of the new office is almost 1.3 billion euros and this fact has caused a lot of criticism while the policy of austerity is applied all over Europe.
“While our colleagues, friends and comrades in Southern Europe continue to rebel against the depletion and impoverishment policies of the Troika, the ECB moves into its new palace,” Blockupy website says. “Blockupy moves on to the road. We will make our own move to the new building and give back to the ECB the garbage – in and with many moving boxes – that should have been thrown into the dustbin of history: racist and sexist division, impoverishment, privatization of public funds and goods and wars to secure resources.”
The news this week of China’s largest corporate bankruptcy - Haixin Iron & Steel Group – amid crashing iron ore and steel prices was followed by analysts noting it “will be followed by others,” as the major flaw of producers of iron ore, the most traded commodity after oil, is they tend to be “over-bullish.” Distressed debt funds are starting to circle in preparation for what they expect to be a bloodbath as Bloomberg reports, bad debts in China are well underestimated because authorities persist in propping up weak companies and bailing out local investors, according to DAC Management, “we’ve yet to see it because if you look at corporate defaults, they keep getting covered by the government. At some point, they can’t cover every single one.” Most worryingly though, as KPMG points out, “when you see restructuring advisers getting hired by SOEs… you know it’s coming.”
Healthcare workers at Hope Assisted Living & Memory Care Center in Dacula, Georgia, whose identities have not been made known as of this writing, have informed Health Impact News that on November 7, 2014, five residents of the center received flu vaccinations, only to die one week later.
Once a market leader among Western 24-hour news channels, CNN has now become infamous for its slipshod mislabeling of maps across the world. This week the network hit a new low, transforming a synagogue into a mosque.
Are you in better shape financially than you were last Thanksgiving? If so, you should consider yourself to be very fortunate because most Americans are not. As you chow down on turkey, stuffing and cranberry sauce this Thursday, please remember that there are millions of Americans that simply cannot afford to eat such a meal. According to a shocking new report that was just released by the National Center on Family Homelessness, the number of homeless children in the U.S. has reached a new all-time high of 2.5 million. And right now one out of every seven Americans rely on food banks to put food on the table. Yes, life is very good at the moment for Americans at the top end of the income spectrum. The stock market has been soaring and sales of homes worth at last a million dollars are up 16 percent so far this year. But most Americans live in a very different world. The percentage of Americans that are employed is about the same as it was during the depths of the last recession, the quality of our jobs continues to go down, the rate of homeownership in America has fallen for seven years in a row, and the cost of living is rising much faster than paychecks are. As a result, the middle class is smaller this Thanksgiving than it was last Thanksgiving, and most Americans have seen their standards of living go down over the past year.
In 2014, there are tens of millions of Americans that are anonymously leading lives of quiet desperation. They are desperately trying to hold on even though things just keep getting worse. For example, just consider the plight of 49-year-old Darrell Eberhardt. Once upon a time, his job in a Chevy factory paid him $18.50 an hour, but now he only makes $10.50 an hour and he knows that he probably would not be able to make as much in a new job if he decided to leave…
It appears John Kerry is at it again. Russian Foreign Minister Sergei Lavrov says the US Secretary of State called on him to “pay no mind” to a statement by President Obama, in which Russia was included to a list of top global threats. Seeking Russia’s cooperation in Iran and on the Korean Peninsula, Kerry told Lavrov to “forget about” what Obama said. As US foreign policy credibility dissolves, we leave it to Lavrov to conclude, “it is flippant,” he jabs, “it’s not appropriate for a powerful country to have such a consumer attitude to its partners – where you’re needed, help us; where you’re not, obey us.“
The dust has barely settled on the latest high profile banker suicide in which Deutsche Bank’s associate general counsel, and former SEC regulator, Charlie Gambino was found dead, having hung himself by the neck from a stairway banister, and here comes the latest sad entrant in the dead banker chronicles of 2014 when earlier today, the Post reports, a Citigroup banker was found dead with his throat slashed in the bathtub “of his swanky downtown apartment, authorities said Wednesday.”
However, unlike previous more “clearcut” suicides, this time there may have been foul play: the Post adds that “there was no knife recovered at the scene, leading officials to suspect the death was not a suicide, and they were trying to determine who had access to his apartment.”
As previously reported, the anticipated Polar Vortex 2.0 has struck, pushing temperatures in all 50 states to below freezing, while heavy snow prompted a state of emergency in western New York and contributed to the deaths of four people. According to Reuters, it was the coldest November morning across the country since 1976, according to Weather Bell Analytics, a meteorologist consulting firm. It remains to be seen how many GDP percentage points were wiped out as a result, unless of course, this time it will be different from last winter. But it was the situation in upstate New York, especially around Bufallo and parts of Erie County, where things got most dire and where 60 inches (1.5 m) of snow accumulated, with more falling, said Steven Welch of the National Weather Service near Buffalo. It gets worse: forecasters are calling for more snow on Thursday, as much as three feet more, for a total of up to 100 inches over four days - a year’s worth for the region! …
“The results show that the climate over the past hundred thousand years has been a roller coaster. Within just a few decades, the climate could tip from an ice age into a warm period,” says Doctor Thomas Litt of the University of Bonn’s Steinmann Institute and spokesman for the PALEOVAN international consortium of researchers.
Ahead of President Obama’s address to the nation tomorrow to dictate his executive orders on immigration, potentially allowing millions of undocumented immigrants to stay legally in the US, a new NBC News/Wall Street Journal poll finds nearly half of Americans disapprove of his plan. Only a dismal 38% support the President taking this executive action… which makes us wonder if there has ever been so much revulsion at the policies of a standing President. It’s good to be king.
While what normally happens in Vegas, stays in Vegas; President Obama’s decision to dictate his Immigration Executive Order from sin city will likely have repurcussions across the entire nation. As NY Times reports, Obama is preparing to use his executive authority to provide work permits for up to five million people who are in the US illegally, and to shield them from deportation. But these new arrivals will not receive one key benefit: government subsidies for health care available under Obamacare. The immigrants would also be unlikely to receive benefits like food stamps, Medicaid coverage or other need-based federal programs offered to citizens and to some legal residents. “The costs of extending these programs to millions of low-wage illegal immigrants would be enormous,” said Senator Jeff Sessions “this is yet another danger posed to Americans by the president’s unconstitutional action.”
One of the primary lessons being learned from the Ebola crisis is that fancy meds and vaccines aren’t needed to cure the disease. Simple water, it turns out, is one of the best treatments for the hemorrhagic illness, supplying the body with much-needed hydration that is quickly lost when the advanced stages of nausea and vomiting begin to develop.
(Recommended is steam-distilled water (See HERE & HERE.)
With growth rates for steel products at or near record lows and prices for end-product having plunged to record lows, it is little surprise that the Steel industry would provide the largest Chinese bankruptcy yet in this cycle. As Bloomberg reports, unlisted Haixin Iron & Steel – which halted production and defaulted on CNY3 bn in March – has started bankruptcy proceedings. Having spent 8 months hoping for the government bailout that every Western onlooker believes is every firm’s god-given right, a reorganization application for the Wenxi, Shanxi province-based company (with $1.7 billion of total debt) was accepted by the Yuncheng City Intermediate People’s Court. This is just the start as “Haixin Group’s bankruptcy will be followed by others,” warns one analyst, adding that the major flaw of producers of iron ore, the most traded commodity after oil, is they tend to be “over-bullish.”
Just a week after Dr. Craig Spencer was declared ‘Ebola-free’, The Daily Mail reports a woman, who had arrived from Guinea 18 days ago (and was on the NYC Ebola monitoring list), dropped dead in a Brooklyn hair salon this afternoon. FDNY sent their Special Operations and Hazmat units but she was declared dead at the scene. Witnesses said she was bleeding from the “face, nose, mouth, everything.”
Mark Paffrath, a Navy veteran, was fired and branded a “terrorist” for taking pictures of dozens of Homeland Security vehicles parked at the hotel where he used to work in Ferguson, as grand jury decision on Michael Brown shooting is due, he told RT.
Half the UK’s local councils are at risk of collapse, the government’s official auditor has said, warning that one in six may be unable to provide basic services this year. The warning comes after severe cuts in national government funding.
In a report produced by the government’s official auditor, the National Audit Office (NAO) on Wednesday, 52 percent of councils were said to be at risk of not having enough resources to fund public services, including education and social care.
No, we’re not talking about any ancient Egyptian religious lore, even though geographically, we’re in the same general area.
We’re talking about the latest boogeyman trump card drawn by the “Four Horsemen of the Apocalypse” – US / UK / EU / Israel – bent on instilling fear, terror and panic amongst Western nations.
With tens of billions of dollars financing, with well-armed and well-trained Jihad fighters, and an eerily charismatic black-robed Darth Vader-like fearless leader – Abu-Bakr-al-Baghdadi – ISIS sprang to life armor-clad and fully armed just like the Greek war goddess Pallas Athena was born out of Zeus’ forehead.
If this sounds strange; the following is even stranger: for some “unexplained” reason Islamic State does not attack US allies in the Middle East like Saudi Arabia, Kuwait, UAE, Qatar or Bahrain. Even more oddly, IS does not attack Israel whom Arabs are supposed to consider their greatest regional enemy;
So: Here we have ISIS/ISIL/IS murdering untold thousands of Iraqis, Syrians, Kurds, Christians, Shiites of all nationalities, but never touching Israel nor European and US homeland and foreign interests save for a handful of allegedly beheaded hostages.
But, wait a minute. What a coincidence! Those are pretty much the very same foes and friends of the “Four Horsemen of the Apocalypse” presently waging their “Global Mega-War on Terror!”
Parents at an elite, magnet elementary school in Chicago were “horrified” when they saw the “obscene” sexual education materials their fifth graders would be learning. The curriculum included condom demonstrations and discussions of anal sex.
In an open letter published in The Times newspaper and promoted through a digital billboard at Waterloo station, American celebrities, Susan Sarandon, Daryl Hannah and Robert Kennedy Jr joined US NGOs, trade groups and businesses such as Food & Water Watch, the Sierra Club, the Rachel Carson Council, Friends of the Earth, the Organic Consumers Association, Dr Bronner’s and NYR Organic to warn British citizens of the dangers of growing GM crops and urge them to speak out before it’s too late.
The fully referenced letter, signed by groups and individuals representing some 57 million members and supporters, argues that GM crops have never delivered on their promises to increase yields and profits or to decrease pesticide use. In fact, they have done the opposite with the cost of growing GM crops now greater than conventional crops in the US and pesticide use 24% higher amongst GM farmers than non-GM farmers planting the same crops.
The Global GMO Free Coalition welcomes the launch of the largest ever study on GMO and pesticide safety – Factor GMO. This is the type of study that should have been carried out on all GM foods before they were released into our food and feed supplies.
While the impact of the student loan bubble on the labor participation rate has been extensively covered in the past, there is a just as important question of just what these “students” spend their money on. Among the items revealed: “A U.S. Middle District Court indictment alleges that Price spent much of the loan money on crack cocaine, cars, motorcycles, jewelry, tattoos and video games.” And iPhones of course, because someone has to indirectly provide US subsidies to the NSA’s favorite company. Now we know one more thing that America’s young adults, of whom some 24% expect that their debt will ultimately be forgiven, are blowing Uncle Sam’s debt on. The answer: high-school level classes.
With surging homebuilder sentiment, we suspect the disappointing plunge in Housing Starts (-2.8% vs +0.8% exp) will surprise a few but there is hope… as Building Permits rose 4.8% (vs 0.9% expectations) on the back of an 8% surge in multi-family / rental units. This is the highest level fo Permits since June 2008 (but still over 50% below peak permits levels in 2005). The only region with any increase in starts was the South.
“Attached is the ACA notification of next year’s price increase. As you can see the cost goes from $281 to $555, a monthly increase of $274, a percentage increase of 97%. Basically we are now paying the same amount for the two of us that we paid for all four of us one year ago. How can that increase occur in a “free market” economy? Did I miss something? Has some input cost leaped exponentially in order to double the price I pay? Or has private industry colluded with government to rig the markets (again) in their favor?”
The first American to ever launch a drone strike from an armed unmanned aerial vehicle now says he had Osama bin Laden in his crosshairs in 2000, a full year before the terrorist attacks of September 11.
“Played right down by the complicit BBC, this investigation will go nowhere. It is odd that the UK Gov can still find nobody to chair the paedo enquiry because all the prospectives meeting the ‘experience’ criteria have also had connections with those being investigated….what a sad state of affairs….made worse by the sudden & mysterious nee suspicious resignation of two very senior Tory politicians when Judge Butler Schloss was forced to resign from leading what would have obviously been a cover-up enquiry.”
Scotland Yard is looking at claims that an alleged paedophile ring with links to former government figures, could have been involved in a murder
Detectives investigating allegations of a paedophile ring with links to Westminster are now examining connections to a possible murder, the Metropolitan Police has said.
Scotland Yard launched Operation Fairbank two years ago to probe suggestions that high profile political figures had been involved in organised child sex abuse in the 1970s and 1980s.
But now officers have set up a new strand of the inquiry, named Operation Midland, after being passed information about alleged murders that may have been connected with the paedophiles. Continue reading »
A supposedly independent review of the Home Office’s handling of allegations about decades of systemic child abuse that infiltrated Westminster has ruled that it’s impossible to discern if there was an establishment cover-up.
Conducted by the chief executive of the National Society for Prevention of Cruelty to Children (NSPCC), the inquiry examined whether the Home Office carried out an adequate and effective review last year into its handling of damning information relating to alleged historic child sex abuse. Continue reading »
The secret service, on behalf of the owners, created situations which enabled them to get compromising evidence against individuals to facilitate blackmail & thus enforce compliance in Parliament, the Judiciary & the Financial world.
Files compromising now worthless individuals will be disposed of as pointless.
Theresa May has admitted there “might have been” a cover-up at Home Office in the 1980s concerning allegations that politicians were involved in child sex abuse but said an official review found the claim was “not proven”.
It has long been alleged that the systematic abuse of children took place in the Kincora home at the hands of a paedophile ring thought to be linked to MI5.
It has also been claimed that MI5 blocked police investigations into the abuse, who reportedly used the information of child abuse to blackmail, manipulate and coerce members of the establishment who were committing the abuse. Continue reading »
Lord Justice Fulford was named last year as an adviser to the Queen
He was a key backer of the notorious Paedophile Information Exchange
Police suspect the group of abusing children on an ‘industrial scale’
He is revealed as a founder member of campaign to defend PIE
At the time it was calling for the age of consent to be lowered to just four
One of Britain’s most senior judges actively campaigned to support a vile paedophile group that tried to legalise sex with children, The Mail on Sunday can reveal.
Lord Justice Fulford, named last year as an adviser to the Queen, was a key backer of the notorious Paedophile Information Exchange (PIE) which police suspect of abusing children on an ‘industrial scale’.
An investigation by the Mail on Sunday has discovered that Fulford was a founder member of a campaign to defend PIE while it was openly calling for the age of consent to be lowered to just four.Continue reading »
Illegal economic activities such as drugs and prostitution are apparently responsible for having lifted Italy out of economic recession. EU data calculations have demonstrated that the black market has significantly boosted GDP figures.
Italy is technically no longer in economic recession because of the addition of figures from illegal activities.
Surrey Police admitted they were told Savile was a paedophile in 2003
Journalist called with information that a victim had been abused by him
But the force did nothing with the tip-off and no crime record was created
Call emerged after an examination of police phone records last year
Investigation is underway by external force to assess missed opportunities
A police force has admitted they were told Jimmy Savile was a paedophile nearly a decade before his horrific crimes came to light, The Mail on Sunday can reveal.
Surrey Police have disclosed that a journalist called them in 2003 with information that an unnamed victim had been abused by Savile as a child in London – but the force did nothing with the information.
The call only emerged after an examination of police phone records in November last year, long after Savile was unmasked as the UK’s most notorious paedophile. Continue reading »
Project Mk Ultra EXPOSED Britney Spears, Johnny Depp, Christina Aguilera, Megan Fox MPD
Oct 19, 2011
Peace to you all.
Monarch programming is a mind-control technique comprising elements of Satanic Ritual Abuse (SRA), Dissociative Identity Disorder (DID) and Multiple Personality Disorder(MPD). It utilizes a combination of psychology, neuroscience and occult rituals to create within the slaves an alter persona that can be triggered and programmed by the handlers. Monarch slaves are used by several organizations connected with the world elite in fields such as the military, sex slavery and the entertainment industry. Continue reading »
Pope Francis was quoted as saying there are around 8,000 pedophile priests stationed around the globe
“Now the Spirit speaketh expressly, that in the latter times some shall depart from the faith, giving heed to seducing spirits, and doctrines of devils; Speaking lies in hypocrisy; having their conscience seared with a hot iron; Forbidding to marry, and commanding to abstain from meats, which God hath created to be received with thanksgiving of them which believe and know the truth.”2 Timothy 4:1-3
In a BBC interview that the Vatican is struggling to spin, Pope Francis took the highly unusual step of actually admitting that there are thousands and thousands of pedophile priests in the Catholic Church worldwide. By their estimates about 8,000. This mind-numbing admission has sent shock-waves through the highest levels of the Vatican system.
In the interview, Pope Francis was quoted as saying that the 2% estimate came from advisers. It would represent around 8,000 child-abusing priests out of a global number of about 414,000. While the incidence of pedophilia as a psychiatric disorder in the general population is not accurately known, some estimates have put it at less than five percent. Continue reading »
Yesterday defendants Pope Francis Bergoglio, Catholic Jesuit Superior General Adolfo Pachon and Archbishop of Canterbury Justin Welby were found guilty of rape, torture, murder and trafficking of children. Five judges of the International Common Law Court of Justice in Brussels determined that the crimes occurred as recently as 2010. Since last March over 48 eyewitnesses have come forward to testify before this ICLCJ Court about the defendants’ activities as members of the Ninth Circle Satanic Child Sacrifice Cult. Continue reading »