31 May 2012

Unelected Officials - Max Keiser with Hugo Salinas Price

The tax-free living Christine Lagarde, an unelected official, waving the flag for French banks while harassing Greek citizens while Silvio Berlusconi's 'pleasure chest' drives up the bunga bunga market. In the second half of the show Max talks to Hugo Salinas Price who appeals to Alexis Tsipras to default then bring a silver standard to Greece. Source

Volcker Urges Global Financial System Overhaul with More Power to the IMF!? - Mike Krieger

"The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks." – Lord Acton
My Take:  This is a very important article from Bloomberg.  Paul Volcker, who is known for crushing inflation in the early 1980′s by spiking interest rates into the double digits, is seen in many circles as perhaps the best U.S. Central Banker of the modern era.  As a guy who was willing to take the hard steps to avoid a dollar collapse and restore America back on a path to prosperity.  That is the myth.  Reality is a lot different.  Besides the fact that his actions merely created a temporary respite on the terminal path of the fiat dollar, all that happened from the early 80′s until now was the blowing up of the biggest credit and derivatives bubble in human history.  A ponzi scheme of counterfeit money so monstrous that nothing short of a total reset of the global monetary and financial system globally will suffice to end this nightmare.  The fact that the “problems” keep resurfacing is simply a function of our failure to reset the system.  Until that happens, nothing will ever get better on a consistent basis.
In any event, the title of this article makes Volcker sound like he is really in favor of a system overhaul, yet if you read it you realize that is not the case.  He is merely calling for tweaks here and there and seems to even be calling for MORE power in the hands of bureaucrats and Central Bankers. (Just another bankster.)

Jim Rogers: Global Economic Shocks Coming in 2013-2014

The latest G-8 meeting in Camp David was focused on saving Europe from its economic nightmares. World leaders discussed Greece and its severe debt crisis, trying to figure out how to save the eurozone. The Great Recession struck the world nearly four years ago, but the aftershock is still being felt. And it's unclear when the economy will finally start to recover, and where its new center will emerge. So are there any signs of light at the end of the tunnel? RT talks to one of the insiders of the world financial elite, co-founder of the Quantum Fund, Jim RogersSource

The Federal Reserve is spreading fiscal baloney among Americans

By Rick Murphy: The Federal Reserve has been assuring the Americans about the perfection of the US economy.

Editor’s note: Keep in mind, this is the same Federal Reserve which has conflicts of interest so blatant and massive (as exposed by a Government Accountability Office audit) that trusting them at their word is nothing short of absurd.
The Federal Reserve is of the opinion that the stubbornly high unemployment rate will go down, the economic growth will steadily increase and the inflation will decrease.
With such assurances about the economy, do you believe them this time?
The Federal Reserve Chairman Ben Bernanke has been proven to be dead wrong time and again. However, still many Americans, investors across the world and of course the mainstream media seem to show confidence in what the Fed says.
It doesn’t seem to bother them that the officials of the Federal Reserve have been lying to the people for years. The majority of Americans seem to want to believe blindly in the Federal Reserve, even when reasoning and logic would speak against it.
The actual fact is that there is nothing better that is going to happen to the US economy. The fiscal markets are again going to crash and the unemployment rate will again shoot up, but you will never hear the same comments from the Federal Reserve.

Faux Delusional Warmongering Israeli Leaders continue to spout Death Propaganda from their Nazi Gulag

By Madison Ruppert: Despite the fact that the Israeli military chief clearly stated just last month that Iran has not even decided to build a nuclear weapon and U.S. Secretary of Defense Leon Panetta has clearly said that Iran is not developing a nuclear weapon on more than one occasion, and even the U.S. intelligence community agrees that there is no evidence to show that Iran is developing a nuclear weapon, some Israeli leaders refuse to accept the truth.
One such individual who continues to refuse to recognize reality is Israeli Vice Prime Minister Moshe Ya’alon. Ya’alon made this very clear at a conference held by the Israeli Institute for National Security Studies (INSS) in nonsensically claiming that while nations are attempting to hold meaningful talks with Iran, the Iranian government is actually “laughing all the way to a bomb.”
Keep in mind, Ya’alon is the same person who openly promoted supporting terrorism targeting Iran at the Herzliya Conference earlier this year. To be fair, Ya’alon is far from alone in this position as former mayor of New York City Rudolph Giuliani has also expressed support for terrorism as a way to stop the imaginary Iranian nuclear weapons programYa’alon claimed – again without any evidence whatsoever unless you give a terrorist group who provides unsubstantiated and unreliable reports credence – that Iran “continues to strive for a nuclear weapon since it is not convinced the West is seriously contemplating a military strike against its facilities,” as reported by Haaretz.
It is also worth mentioning that this same terrorist group was, according to U.S. officials quoted anonymously, trained to conduct their terrorist activity in Iran by the Israeli Mossad, while other reports indicate that they were also trained on U.S. soil.

Choosing who lives and who dies: the methodical assassinations of Barack Obama's 'kill list'

David Blair: There is something deeply unsettling about the disclosure in The New York Times that America has developed a clinical, dispassionate procedure for selecting the targets of drone strikes in Pakistan, Yemen and Somalia. Every week or so, about 100 national security officials gather by video conference to pore over the photographs and biographies of al-Qaeda terrorists. They decide who should be spared and who should be marked for death.
Those “nominated” for assassination (yes, “nominated” is apparently the official word) are placed on a “kill list” that passes directly to Barack Obama. He then exercises the judgment of Solomon, going through the list name by name and deciding who will die. The CIA’s drones are then programmed to dispatch the President’s chosen targets.

SEC: Taking on Big Firms is 'Tempting,' But We Prefer Whaling on Little Guys - Matt Taibbi

If you want to see a perfect example of how completely broken our regulatory system is, look no further than a speech that Daniel Gallagher, one of the S.E.C.’s commissioners, recently gave in Denver, Colorado.
It’s a speech whose full lunacy is hard to grasp without some background.
It’s by now been well-established that the S.E.C.’s performance in policing Wall Street before, after, and during the crash has been comically inept. It would be putting it generously to say that the top cop on the financial services beat has demonstrated particular incompetence with regard to investigations of high-profile targets at powerhouse banks and financial companies. A less generous interpretation would be that the agency is simply too afraid, too unwilling, or too corrupt to take on the really dangerous animals in this particular jungle.
The S.E.C.’s failure to make even one case against a high-ranking executive involved in the mass frauds leading to the 2008 crash – compare this to the comparatively much smaller and less serious S&L crisis twenty years earlier, when the government made 1,100 criminal cases and sent 800 bank officials to jail – became so conspicuous that by the end of last year, the “No prosecutions of top figures” idea became an accepted meme in mainstream news media coverage of the economic crisis.

Bill Black: Uninvited for "Bank Bashing"

William Black, Associate Professor of Law and Economics at the University of Missouri-Kansas City and author of, "The Best Way to Rob a Bank is to Own One", was supposed to brief a bipartisan group of Congress members on the subject of financial derivatives, until he found out that he had been disinvited. It turns out they were afraid that he might engage in too much "bank bashing". He joins the show to explain. Source

A News Hope - RAP NEWS 13 "We the People are the Enemy!"

Juice Rap News: Episode XIII - A NEWS HOPE. It is a time of corporate war; deprived of a reliable media the people of Planet Earth are kept misinformed and in a state of perpetual conflict. Is an honest Fourth Estate the only Force than can restore peace and balance to the Galaxy?

Illinois rep EXPLODES on the House floor! IT's ALL FALLING APART...

Capital Account TV Exclusive Interview of CBO Mortgage Fraud Whistleblower!

A story you may have not heard before, from a person that you have definitely not heard from before. It's a story about America's financial crisis, its mortgage crisis, and the foreclosure fraud that enveloped the United States during the past decade. That person is Lan T. Pham, the famous CBO whistleblower who was fired from her job for telling the truth about systemic fraud and corruption in America's mortgage market and financial system.

Rockefellers Support Gold Standard? - SilverFuturist and JackieO

Bill Still says that the Rockefellers financed Ludwig von Mises:

30 May 2012

Biderman & Santschi On Europe's Delusions And Money-Printing Illusions

"People need to stop expecting simple solutions" is how David Santschi succinctly describes to Charles Biderman the delusion that so many European leaders (and seemingly US and European investors) perceive our world. The prevalence of lying and delusion in Europe is what worries the TrimTabs' chaps the most - especially since in a Fiat money system (where money is backed by nothing but confidence) - with the people running the system lying on a grand scale, the chance of systemic failure are very high.

Lagarde On Taxes And Diplomacy: It's All TurboTax To Me

Tyler Durden's picture

What is it about IMF heads and inserting foot, or some other appendage, in mouth, or some other orifice?
Using some of the bluntest language of the two-and-a-half-year debt crisis, she says Greek parents have to take responsibility if their children are being affected by spending cuts. "Parents have to pay their tax," she says.

Lagarde, predicting that the debt crisis has yet to run its course,  adds: "Do you know what? As far as Athens is concerned, I also think  about all those people who are trying to escape tax all the time. All  these people in Greece who are trying to escape tax."

She says she  thinks "equally" about Greeks deprived of public services and Greek  citizens not paying their tax."I think they should also help themselves collectively." Asked how, she replies:  "By all paying their tax.

"Asked if she is essentially saying to the Greeks and others in Europe that they have had a nice time and it is now payback time, she responds: "That's right."

Greek suicide epidemic continues: Debt-strapped pensioner hangs himself

A 61-year-old Greek pensioner has hung himself from a tree in a public park after succumbing to the pressure of crushing debt. A note in his pocket indicates he is merely the latest in a rash of economic crisis-induced suicides.
The pensioner’s lifeless body was found dangling by an attendant in a public park not far from his home in the suburb of Nikaia, Athens. The attendant also found a suicide note in the man’s pocket, The Athens news reports.
The man, identifying himself as Alexandros, said he was a man of few vices who worked all day.”  However, he blamed himself from committing one “horrendous crime”: becoming a professional at the age of 40 and plunging himself into debt. He referred to himself as a 61-year-old idiot who had to pay, hoping his grandchildren would not be born in Greece, as the country’s prospects were so bleak.
Greece will be wiped off the map! Unless of course there was a politician with [Margaret] Thatcher’s balls so as to put us and our state in line,” he lamented.

McUK: Brits scrape for work amid job market squeeze

A fight for a full-time job - Britain's ailing economy and the government's dedication to austerity is forcing many candidates to agree to part-time positions. The result is they toil longer for less pay. RT's Laura Smith reports on their plight. Source

The Liberty Movement takeover

Ron Paul supporters take over the Republicant party! Source

UK Supreme Court backs Assange extradition + Making a Mockery of the Real Crime of Rape

WikiLeaks founder Julian Assange has lost his marathon court battle in UK Supreme Court. The judge has granted him 14 days to make an application to reopen the extradition case.

The Largest Transfer Of Wealth


Militarization of Police

DPS Patrol Vessels equipped with Giant Machine Guns. Source

Waiting For Godot: Existential Eurocrisis Edition

Tyler Durden's picture

 graphic to enlarge:
From JPM's Michael Cembalest  ...Source

John Butler on the Dollar Liability and Gold's role as Insurance

China and Japan are scheduled to start trading in their own currencies Friday. The Japanese Finance Minister came out with this news. This allows traders to trade in Yuan and Yen without first converting them into Dollars. So, we'll talk about what this means for the us dollar: the global reserve currency. Are we headed towars a world where no single currency reigns supreme -- an end to what French President Charles De Gualle famously recognised as America's "exorbitant privilege?"

End Of The Road Film - Just Released

The new film "End Of The Road" has just been released for public viewing, featuring GoldSilver.com CEO Mike Maloney alongside Peter Schiff, Jim Rickards, Jim Puplava, James Turk, Eric Sprott and more. The link for viewing this movie is right here: http://100thmonkeyfilms.com/endoftheroad/watch/ 

29 May 2012

Asymmetric Accounting and Buying Britain's Gold Back - Max Keiser with Jan Skoyles

Asymmetric accounting,' flatulent dark market clubs in austerity London and the $72 trillion claim against Limewire, while President Obama settles for $26 billion for widescale, systemic mortgage fraud. In the second half of the show Max talks to Jan Skoyles of TheRealAsset.co.uk about her campaign to Buy Britain's Gold Back. Source

Obama the Baby Bomber: Illegal US Terror Drone Strikes Murder 31 Civilians in 3 Countries within 72 hours

US terror drones and attack helicopters have killed 31 more people in Yemen, Pakistan, and Afghanistan, including babies, over the course of 72 hours. Because shit happens?

Occupy Movement - The Julian Assange Show + Extradition BS

The Occupy movement has united hundreds of thousands across the world to fight social and economic inequality. In the latest edition of Assange's very own interview programme Julian Assange meets with prominent Occupy activists who say their collective efforts target global institutions.

The Buyers Have Left The House

Tyler Durden's picture

The European nations and banks have performed a neat new trick, nailing themselves to the Cross, and it is now only for Pontius Pilate to pick up the spear and begin

Via Mark J. Grant, Author of Out of the Box,
We are on strike against the morality of cannibals.”
 -Ayn Rand

Slowly, surely the largest investors in the world are no longer buying the debt of Europe. Recently the Chinese sovereign wealth fund, China Investment Corp., said that they were done and would no longer be buying European debt. The institutional readers of “Out of the Box” number somewhat more than 5,000 money managers and I can report that one after another they are either seriously pairing back on their holdings or exiting Europe. 
The risks are just too great and the way Europe does business is also having a serious effect. You see, Europe does not count any contingent liabilities, sovereign guaranteed debt, derivatives, bank guaranteed debt, regional guaranteed debt or promises to pay for various entities as part of their calculation for their debt to GDP ratios. The CEO, CFO and the Board of Directors of an American corporation would go to jail for Fraud for operating in this manner but this is the devised scheme in Europe. This is also why it sets my teeth on edge each and every time I see some country brandishing their debt to GDP ratio in the press; it is just factually inaccurate or to be more succinct---it is a lie.

Syrian Girl - Syrian Houla Massacres: Divide & Conquer Strategy Exposed + West seeks civil war in Syria: Analyst

'UK court ignores Blair's war crimes' - David Lawley Wakelin

England's Iraq inquiry closes its eyes to Blair's war crimes and financial gain from waging war in Iraq, an anti-war activist tells Press TV. Press TV has conducted an interview with documentary film maker, David Lawley Wakelin with Alternative Iraq Inquiry who has made films criticizing the Iraq war, to further shed light on the issue. Source

57 per cent of Children in Collyhurst, Manchester, UK Living In Poverty

Background to UK foreign wars for profit, war against fathers, bankster welfare state and the Olympics 2012. UK 'Social Services' about the business of Agenda 21?

Yakub Qureshi: Three districts in Greater Manchester are among the poorest in England, according to new research. Collyhurst in Manchester, Kirkholt in Rochdale and Oldham’s Shaw Road area have been ranked in the country’s top ten most-deprived neighbourhoods. And the Cheshire village Alderley Edge is the second richest, according to a charity which looked at life expectancy, health and earnings. Christian charity Church Urban Fund combined information published by the government to draw up what it claims is a comprehensive map of deprivation. It looked at the number of children and elderly people living below the poverty line and examined male and female life expectancy in council wards around the country. The charity found that as many as 57 per cent of children in Collyhurst were thought to be living in poverty – and the average life expectancy for men was 77.

BBC busted using 2003 photo from Iraq to illustrate alleged massacre in Syria

By Madison Ruppert
As the United Nations has finally acknowledged the fact that established terrorist groups are behind the bombings in Syria, the state-funded BBC has been busted using an image from Iraq in 2003 to accompany a story about the alleged massacre of children in Syria.
I’m not one to completely discount the possibility that this could have been a wholly innocent slip-up, given the fact that the Western media in general has blindly accepted anything so-called activists report as fact without any verification whatsoever, while discounting everything the Syrian government says no matter how much evidence they might have to back it up.
However, the individual who took the photograph, a Getty photojournalist named Marco di Lauro, does not apparently think it is innocent, saying, Someone is using someone else’s picture for propaganda on purpose.”
Di Lauro nearly “fell off his chair,” according to the British Telegraph, when he saw the image.
Di Lauro stated that he wasn’t angered by the usage of his photograph, but instead he was “astonished” by the massive failure of the BBC to even do a cursory check of their sources.
The image was actually taken all the way back on March 27, 2003 and shows a quite disturbing scene of an Iraqi child jumping over a massive number of white body bags containing skeletons discovered in a desert to the south of Baghdad.

House to Vote on Ron Paul Bill to Audit the Federal Reserve

GOP leadership in the House of Representatives announcedthat legislation to thoroughly audit the secretive Federal Reserve, a wildly popular measure pushed by Rep. Ron Paul (R-Texas) for decades, will come up for a floor vote in July. Honest-money advocates and pro-transparency activists celebrated the news as a historic opportunity to rein in the central bank, which has come under heavy fire — especially in recent years — for debasing the U.S. dollar, manipulating markets, and showering big banks with trillions in bailouts.     
The legislation, H.R. 459, already has over 225 co-sponsors in the House including an impressive roster of senior Democrats and Republicans, some of whom chair important committees. In the Senate, however, a similar bill has only about 20 co-sponsors so far, forcing Audit-the-Fed activists to wage a massive campaign aimed at exposing Senators who refuse to support transparency at the shadowy central bank. Polls in recent years revealed that four out of five Americans support auditing the Fed.   

“The Fed has proven it cannot be trusted and must be audited. While the banksters’ dangerous schemes have been going on for years, the bailouts exposed the trillions being stolen from the American people,” noted Sen. Rand Paul (R-Ky.), a sponsor of the Senate legislation and the son of Congressman Ron Paul. “It is time to Audit the Fed. Time to shine a bright spotlight on the largest theft in American history.”

Not guilty: Socrates narrowly acquitted 2,400 years after death

Crisis-enduring Greece received a bit of hope for belated justice. A re-trial of Ancient Greek philosopher Socrates in Athens, the very city that sentenced him to death in 399 BC, ended with his acquittal.
A panel of ten judges from Britain, France, Germany, Greece, Switzerland and the United States was hearing the case at the event at the Onassis Foundation. Five of them cast their votes for “guilty” verdict while five other said “not guilty”.
Unlike the historical proceedings, the judges did not choose the form of punishment, since organizers felt it would unnecessarily complicate the process.
In the original trial Socrates was charged with failing to acknowledge gods worshiped by the city and a separate charge of corrupting the young. His teachings of skepticism challenged conventional moral, political and religious notions, which won him powerful enemies.
Ancient Athens accused him of conspiring with their enemy, the Spartans, to inspire a violent uprising of the Thirty Tyrants, a group of oligarchs, the leader of which was a pupil of Socrates.
The philosopher spoke for himself in the trial before more than 500 jurors. The result was his sentencing to either death by drinking a hemlock-based liquid or permanent exile from the polis. Socrates opted for the former punishment.
The most comprehensive account of the trial is that written by his friend and student Plato.
Socrates’ sentencing to death has modern-day implications, as the issues of freedom of speech are as resonant today, as they were 2,400 years ago, say the organizers of the mock re-trial.