30 Jun 2012

On The Money: Euro Patient (ft. Max Keiser)

St. Petersburg Euro Panel – LSE CEO Xavier Rolet storms out in a huff (empty chair on right) after being challenged on his position supporting Goldman Sachs’ Greek Debt fraud.
Will the EU overcome the ongoing crisis and become a stronger political and economic entity? Who wants to be part of the eurozone? Will there still be would-be euro members if Greece exits the eurozone? On the Money's edition from the SPIEF has turned into a real TV debate where journalists, bankers and executives offer their vision of the EU future. Peter Lavelle is joined by Xavier Rolet, Jacob Nell, Ksenia Yudaeva, Erik Berglöf, Dariusz Jacek Krawiec, Dmitry Pankin, Ben Aris and Max Keiser. Source

Euro zone: the centralization battle rages on - Max Keiser with Catherine Austin Fitts

Max interviews Catherine Austin Fitts from Solari.com. She talks about the multiple debt plans; bailouts and funding facilities, attempting to hold the Euro zone together. Catherine Austin Fitts is the president of Solari, Inc., the publisher of The Solari Report, managing member of Solari Investment Advisory Services, LLC. Source

Barclays' Bad Bet - Max Keiser with Michael Krieger

Max Keiser and co-host, Stacy Herbert, discuss 'big boys' and carding crimes, marmite pots and Olympic has-beens, wash trades and perfect games. In the second half of the show Max talks to former commodities analyst and blogger, Michael Krieger, about the meaning of the escalating and blatant financial crime wave. Source

Big Banks Have Become Mafia-Style Criminal Enterprises

Banks Conspire to Fleece the Public

by WashingtonsBlog: Two stories this week prove once again that the big banks are literally criminal enterprises.
Initially, all of the big banks have engaged in Mafia-style “bid-rigging” of municipal bonds, to bilk money from every city in the nation … to the collective tune of tens billions of dollars.
And Barclays and other large banks – including Citigroup, HSBC, J.P. Morgan Chase, Lloyds, Bank of America, UBS, Royal Bank of Scotland – manipulated the world’s primary interest rate (Libor) which virtually every adjustable-rate investment globally is pegged to.

And see this. That means they manipulated a good chunk of the world economy.
Other recent stories also show criminal fraud as well. For example, the big banks have been cheating homeownersespecially veterans.
And as Max Keiser explains, banking giants Mellon and State Street shaved money off of virtually every pension transaction they handled over the course of decades, stealing collectively billions of dollars from pensions worldwide:

Al-CIA-da Suspect: Captain Kirk Gets Groped by TSA

The American People Are Angry - by Senator Bernie Sanders

"The American people are angry," Sen. Bernie Sanders said in a major Senate floor speech today. They are angry that the middle class is collapsing because of the Wall Street-caused recession, they are angry that unemployment is sky high, that 50 million people lack health insurance, and that working families can't afford college for their kids. Meanwhile, the wealthy and the largest corporations are doing phenomenally well and now billionaires and their congressional friends want to balance the budget on the backs of the elderly, the children, the sick and the poor." Source

Show Me the Money: European Bailout Funds

Adam Johnson looks at the European bailout funds. Source

Tarpley: Turkey Continues Provocations Against Syria

Tarpley is the author of several books, including Obama: The Postmodern Coup - Making of a Manchurian Candidate and Surviving the Cataclysm: Your Guide Through the Worst Financial Crisis in Human History.  Source

Journey To The Economic Center Of The World

Tyler Durden's picture

The most recent decade of 2000 to 2010 has seen the fastest rate of change in the global economic balance in history. During this period, a recent McKinsey research article notes, the world's economic center of gravity has shifted by about 140km per year - about 30% faster than in the period after World War II when global GDP shifted from Europe to North America. The world’s center of economic gravity has changed over past centuries. But since the mid-1980s, the pace of that shift—from the United States and Europe toward Asia— has been increasing dramatically as China is urbanizing on 100 times the scale of Britain in the 18th century and at more than 10 times the speed. One has to wonder what the difference would be were it not for the flawed economic model adopted since the 1980s that relied on debt and asset price inflation to drive demand (as opposed to wage growth linked to productivity growth).

A Steineresque Esoteric Look At Technology - Alexander Barry

A conceptual look at technology from a very esoteric point of view.
An unusual piece for my channel.
Delivered by a very capable man who is dedicated to the understanding of the esoteric world.
He has been called a maverick genius: Alexander Barry has coined the word Technosophy to explain ... Source

Ron Paul's Hearing on Fractional Reserve Banking

"Fractional reserve banking underpins the entire banking system, yet its effects on society are completely ignored. Our financial system consists of vast amounts of credit pyramided on top of very small amounts of real savings-- all backstopped by explicit and implicit government guarantees. This poses significant risks to the stability of the economy and monetary system, which ought to give pause to any serious observer of financial markets. Hopefully this hearing will create a greater understanding among the American people about the nature of the banking system, and begin the movement towards serious systematic reform. The American people deserve a financial system that is stable and efficient; one that operates without taxpayer subsidies and bailouts."  - Congressman Ron Paul

Cyprus to assume EU presidency - Two suicides in two days: Greece sees social backlash of crisis

The weekend launch of the Cyprus EU Presidency got a two-tiered last-minute shot in the arm from the EU summit on Friday.

29 Jun 2012

I, Not Robot: Why The Rise Of SkyNet Leads To Automatic Unemployment For The People

Tyler Durden's pictureWith so much hollow and pointless discussion over the past week, month and year over such fundamentally trivial things as who will inject more money faster, who will be bailed out first, who will go back to their own currency before everyone else, it is easy to forget that reality actually matters. And the reality is not who has their CTRL-P macro stuck, but what does the future of the world truly hold when one sidesteps such idiotic flights of fancy that debt may be cured with more debt. In order to completely change the topic from what has become trivial and generic - i.e., the various encroaching forms of central planning: Fed, SCOTUS, G-8 through G-20; European Finance Ministers, and now, with the ESM passing German parliament, the German Constitutional Court, we focus on something few have discussed, yet all have a morbid fascination with: Robots... And China. And why the combination of the two just may be the most dangerous thing for China's several hundred million strong migrant labor force, which, on the margin may just be the deciding factor defining the engine of global growth for the next decade. Oh, and did we mention global structural unemployment which will only get worse as increasing automation leaves more and more millions collecting their 99 weeks of extended unemployment benefits.
And since we have written far too much this week, we will let the charts do most of the talking.
Machinations and autobots, and unmet Chinese markets:

Banking crisis and the End "Monkeys in Coocoo Land" + Labour Party Exodus - Artist Taxi Driver

Matt Taibbi: A Huge Break in the LIBOR Banking Investigation

This is a huge story:
On Wednesday, Barclays won the race to reach a deal with U.S. and British regulators, beating UBS, which was reportedly the first bank to begin cooperating with international antitrust authorities. Barclays agreed to pay at least $450 million to resolve government investigations of manipulation of Libor and the Euro interbank offered rate (or Euribor): $200 million to the U.S. Commodity Futures Trading Commission$160 million tothe criminal division of the U.S. Department of Justice and $92.8 million to Britain's Financial Services Authority.
I wrote about the Libor investigation in the current issue of Rolling Stone, in "The Scam Wall Street Learned From the Mafia," about muni bond bid-rigging. Throughout this spring, while the Carollo bid-rigging case played out in a Manhattan courtroom, negotiations between banks and regulators were going on in this far larger cartel-corruption case. It’s been clear for some time now that a number of players had begun cooperating, and the only question was which bank was going to settle first.

Greek Bank Deposits Have Biggest One Month Outflow Ever In May

Tyler Durden's pictureSubmitted by Tyler DurdenIt's official: all those rumors of unprecedented deposit withdrawals in May as Greece was heading into one then another parliamentary election were true. According to just released NBG data, May deposit outflows were €8.5 billion, or the highest on record, bringing the local banks' total private sector deposit base to just €157 billion, the lowest since January 2006, and represents a massive 5% outflow of the entire deposit base as of the end of April. And keep in mind rumors of epic bank jogs and trots did not really pick up until weeks into the second Greek election two weeks ago. At this rate of outflows the entire Greek banking system will have zero deposit cash left in under two years. So aside from the 'details', Europe is all fixed and stuff. Source

The Butchers of Bahrain: Opposition activists in Bahrain want Bahrain king's son arrested

Nasser bin Hamad Al Khalifa is the head of Bahrain's Olympic committee and is due to lead the country's delegation during the Olympics Games in London. But according to Bahraini opposition members, he's also a sadistic torturer who's been personally involved in crushing anti-regime demonstrations by force. They also say he has cheer-led the persecution of Bahraini athletes opposed to the Al Khalifa dictatorship. Part 2>

Media Blackout: Olympic False Flag Attempt Revealed

How Papandreou/Troika turned down SECOND debt lifeline in 2011. How a German consultancy got involved. How the brand new Greek finance minister is in bed with that consultancy. - The Slog

New Greek Finance Minister: he devised a way to get Papandreou off the hook, he steered Greece into the Euro in 2001. The plot thickens.

Yannis Stournaris
How a top German consultancy fed the Greeks a lifeline…to no avail.
Yannis Stournaras, the new Minister of Finance in Greece, has landed himself a pole-position job. Stournaras is something of a thoroughbred old-Establishment Greek politician: he emerged as a force in the old days of Kostas Simitis, the former Prime Minister of Greece, who – as one source put it earlier this week – “was the master builder of the greek tragedy right at the outset”. It isn’t meant as a compliment.

The facts bear this out: one way and another, Simitis schemed to disguise the chronic problems of the Greek economy and get Greece into the Eurozone. During the period of his governance, official data presented inflation as having decreased from 15% to 3%, public deficits diminished from 14% to 3%, with GDP allegedly increasing at an annual average of 4% – and actual labour incomes increasing at a rate of 3% per year. It was largely a tissue of lies that Eurostat had caught onto by 2006: whenever any Sprout or Europol tells you the Greek collapse came as a shock to Berlin-am-Brussels after Papandreou came to power, you know you are in the presence of a fool or a liar. The eurozoners knew from Day One that Greece was a potential liability….but it suited theur hubris-fuelled ambition to have them in.

Nigel Farage on the Failings of the EU Summit and an Antidemocratic Europe

European Leaders hold the umpteenth EU summit to try and save the monetary union and the Eurozone. This meeting has been deemed by some in the media as crucial, but is it really? Not a chance, according to our guest Nigel Farage, leader of the United Kingdom Independence Party (UKIP) and member of European Parliament. It's more of the same "can kicking."


World's first GM babies born

by MICHAEL HANLON: The world's first geneticallymodified humans have been created, it was revealed last night.
The disclosure that 30 healthy babies were born after a series of experiments in the United States provoked another furious debate about ethics.
So far, two of the babies have been tested and have been found to contain genes from three 'parents'.
Fifteen of the children were born in the past three years as a result of one experimental programme at the Institute for Reproductive Medicine and Science of St Barnabas in New Jersey.
The babies were born to women who had problems conceiving. Extra genes from a female donor were inserted into their eggs before they were fertilised in an attempt to enable them to conceive.
Genetic fingerprint tests on two one-year- old children confirm that they have inherited DNA from three adults --two women and one man.
The fact that the children have inherited the extra genes and incorporated them into their 'germline' means that they will, in turn, be able to pass them on to their own offspring.
Altering the human germline - in effect tinkering with the very make-up of our species - is a technique shunned by the vast majority of the world's scientists.
Geneticists fear that one day this method could be used to create new races of humans with extra, desired characteristics such as strength or high intelligence.
Writing in the journal Human Reproduction, the researchers, led by fertility pioneer Professor Jacques Cohen, say that this 'is the first case of human germline genetic modification resulting in normal healthy children'.
Some experts severely criticised the experiments. Lord Winston, of the Hammersmith Hospital in West London, told the BBC yesterday: 'Regarding the treat-ment of the infertile, there is no evidence that this technique is worth doing . . . I am very surprised that it was even carried out at this stage. It would certainly not be allowed in Britain.'

Zombie Bank Apocalypse - Max Keiser with Steve Keen

Max Keiser and co-host, Stacy Herbert, demand the big banks prove they are not dead by removing the life support systems, especially cufflinky Jamie Dimon's Too-Big-To-Fail bank. In the second half of the show Max talks to Professor Steve Keen about the wages being negatively related to the level of interest rates and debt. Source

Shadow banking system greater than visible banking system: Analyst - Max Keiser

Since the 2008 collapse of Lehman Brothers, we’ve had a global unwinding of bad debt, financial journalist Max Keiser said in an interview with Press TV. He added that JP Morgan’s recent financial loss has suddenly made more visible the shadow banking system.

28 Jun 2012

Taibbi: Muni Bond-Rigging Billions (on Imus)

SWAT tries to take down Internet meanie; raids grandma instead

An Evansville, Indiana SWAT team recently attempted to execute a search warrant that was issued to make an example out of an anonymous Internet user who made malicious remarks on the Web. Instead, they destroyed the home of an innocent grandmother.
When members of the Midwest town’s SWAT team plotted their raid on the alleged home of the person behind some unpleasant remarks published on an Internet forum, they invited a local television crew to accompany them so that they could catch the whole thing on camera. Instead of arresting the author of the ill-tempered posts, however, the Evansville SWAT ravaged the home of an elderly woman and confiscated her 18-year-old granddaughter’s laptop.
The SWAT team did not have the name of who they were going after. They barely even had an identity. What they did have to work with, though, was the IP address of a person who logged onto the Topix.com Web forums and made discouraging remarks about local law enforcement.

Where Does Money Come From? The Giant Federal Reserve Scam That Most Americans Do Not Understand

How is money created?  If you ask average people on the street this question, most of them have absolutely no idea.  This is rather odd, because we all use money constantly.  You would think that it would only be natural for all of us to know where it comes from.  So where does money come from?  A lot of people assume that the federal government creates our money, but that is not the case.  If the federal government could just print and spend more money whenever it wanted to, our national debt would be zero.  But instead, our national debt is now nearly 16 trillion dollars.  So why does our government (or any sovereign government for that matter) have to borrow money from anybody?  That is a very good question.  The truth is that in theory the U.S. government does not have to borrow a single penny from anyone.  But under the Federal Reserve system, the U.S. government has purposely allowed itself to be subjugated to a financial system in which it will be constantly borrowing larger and larger amounts of money.  In fact, this is how it works in the vast majority of the countries on the planet at this point.  As you will see, this kind of system is not sustainable and the structural problems caused by such a system are at the very heart of our debt problems today.
So where does money come from?  In the United States, it comes from the Federal Reserve.

More banks face interest rate rigging investigation

Robert Preston: Barclays has admitted that a group of traders lied about what it was costing the bank to borrow. Now, why does this matter?
It matters because lots and lots of deals involving clients of Barclays used the interest rate into which Barclays was feeding this information, about its own borrowing costs, to determine the profit and loss on their own deals.
It's quite hard to think of behaviour by a bank as shocking as this: not telling the truth about what it is costing you to borrow, that then becomes a benchmark for pricing other deals.
The statement from the US regulator, which levied a big chunk of the fine, talks about how Barclays was working with other banks to try to fix this interest rate.
This of course implies that Barclays is simply the first bank to settle and we will see fines and punishments against some of the other big banks of the world.
A number of banks are being investigated and could face sanctions after Barclays was fined £290m ($450m) for trying to manipulate interest rates at which banks lend to each other.

5 years Jail for a Blog? Quislings in a Kangaroo Court! - WWII War Hero: "Worse than the gas chambers, in Britain - NOW!"

"... at Leeds Magistrates' Court on 2nd February 2012, used a concealed camera to record the proceedings before District Judge Roy Anderson.   He subsequently published the recording ... on the You tube website." 

The above accusation against a man who states "WW2 veteran, born 1925, Proud to be British until the age of 70, when I began to learn that this is a ruthless, lawless, murderous & merciless Police State, just as bad as Hitler's Germany or Stalin's Russia, but less honest, the victims fewer - AS YET!

So a war hero is being threatened with 5 years in jail and or the mad house!  "... any additional directions the court may be minded to make, including, SHOULD THE COURT FIND IT APPROPRIATE, an order under the Mental Health Act 1983 (Section 14(4) of the Act)." Source

Quislings in a Kangaroo Court! This Hearing in Leeds Magistrates

Technocrat Monti hails 'historic' Italian labour reform bill

On Wednesday, the technocrat government led by Mario Monti (unelected bankster government head) obtained from the Parliament a final vote of confidence, the fifth in a few months, over the much-discussed labor market reform bill. Source

U.S. Army Admits Troops on The Streets Are Illegal

Syria Can Only End Up As a World War

Morris: Because Iran, Russia, China and Hezbollah all know they are next. And NATO has been given its orders - to bring Syria to its knees. Source

New Film Destroys Vaccine Hoax

"The science doesn't support it, the science isn't there and these policies are not based on a sound foundation of science." Alex talks with Leslie Manookian, writer and producer of the award winning film The Greater Good, a documentary that questions government vaccination policies. Source

End The Fed: Ron Paul’s Federal Reserve audit approved by House committee

By Stephen C. Webster: One of Rep. Ron Paul’s (R-TX) lifelong policy goals is on the brink of becoming a reality.
In a nearly unanimous voice vote on Wednesday, the House Oversight Committee approved a bill that would require the U.S. Federal Reserve to conduct a first-ever complete audit of its books and divulge details about its monetary policy discussions. The bill is expected to be taken up by the full House of Representatives sometime next month.
Paul, a longtime critic of the Fed and fiat currencies in general, had previously supported an audit that became part of the Dodd-Frank Wall Street Reform and Consumer Protection Act. That audit required the Fed to disclose its lending practices during the 2008 financial crisis, revealing that the bank doled out more than $16 trillion in loans and assets swaps to financial institutions all over the world in an effort to stabilize global markets and keep credit flowing.
Paul, however, felt that the audit which ultimate cleared the U.S. Senate was a stripped down version of what he believes is needed, and most of his colleagues now agree. His bill has garnered an impressive bipartisan coalition of more than 257 co-sponsors — more than half the House — giving it enough votes to pass.

Community Banks take on Wall Street "Uncle Sam meets Mr. Market!" - Barclays PLC $450 million settlement for Market Manipulation +

Barclays PLC and its subsidiaries will pay $450 million to settle with US and UK authorities over accusations the bank attempted to manipulate key interest rates to benefit derivatives trading positions. This is just the first settlement, and a global investigation involving many of the world's biggest banks is on-going . Are you sick of this? Do you want to put your money in a bank that simply uses your deposits to make loans to finance the economy, not to finance speculation? Well we'll talk to CEO of EagleBank Ron Paul, about community banks as an alternative.

EU creates ‘pro-democracy’ regime change slush fund to ‘fight tyrants’???

By Madison Ruppert:
Belarus President Alexander Lukashenko in December 2007 (Image credit: NATALIA KOLESNIKOVA/AFP/Getty Images)
Member nations of the European Union have agreed to create a fund for “pro-democracy” purposes, which is nothing less than a thinly-veiled regime change slush fund.
While regime change has been big business for quite a while, in recent years it has been kicked up a notch or two thanks to the covert activities of groups of terrorist operatives like al Qaeda, the MEK, and armed opposition groups which are used to destabilize foreign governments which refuse to bow down before the Western powers.
Furthermore, considering the global expansion of the North Atlantic Treaty Organization (NATO), it is hardly surprising that such a fund was created to be used to overtly undermine sovereign nations.
According to Charter 97, the fund will likely be up and operational by as early as next year. It will mostly be leveraged to target the nations on the edge of the European Union who have not been so friendly to NATO and Western demands in general.

Such a nation is Belarus where President Alexander Lukashenko runs a nation where individuals are allegedly routinely jailed for showing opposition.”

27 Jun 2012

Who Destroyed the Middle Class, Part 3

By James Quinn: This is the 3rd and final chapter of my series about the destruction of the middle class. In Part 1 of this series I addressed where and how the net worth of the middle class was stolen. In Part 2, I focused on the culprits in this grand theft and in Part 3, I will try to figure out why they stole your net worth and what would be required to restore sanity to this world.

Dude, Why Did They Steal My Net Worth?

“I have no problem with people becoming billionaires—if they got there by winning a fair race, if their accomplishments merit it, if they pay their fair share of taxes, and if they don’t corrupt their society. Most of them became wealthy by being well connected and crooked. And they are creating a society in which they can commit hugely damaging economic crimes with impunity, and in which only children of the wealthy have the opportunity to become successful. That’s what I have a problem with. And I think most people agree with me." Charles FergusonPredator Nation
It is clear to me that a small cabal of politically connected elites have purposefully stripped the middle class of their wealth and openly flaunted their complete disregard for the laws and financial regulations meant to enforce a fair playing field. Why did they gut the middle class in their rapacious appetite for riches? Why did the scorpion sting the frog while crossing the river, dooming them both?

'US should be excluded from talks over Syria just like Iran'

An international conference of countries which have influence on events in Syria is scheduled for this Saturday in Geneva. It aims to try to find a solution to the crisis. Iran hasn't been invited, despite earlier statements from the UN's Syria envoy "who caved in" Kofi Annan that it should be part of the peace process. - Sara Marusek, researcher from Syracuse University in Beirut. Source

Will India Implement The First "Executive Order 6102" Of The 21st Century?

Tyler Durden's picture: Something strange has been happening in India in the last year: while the rest of the "developed" world has been doing all in its power to crush its currency in order to promote exports within a globalist mercantilist system suddenly gone haywire, India has had the opposite problem: with its economy slowing down even as rampant inflation persists, its currency has been sliding against all other currencies. But probably more importantly: plunging against gold, as can be seen on the chart enclosed.
It appears that finally after months of "being long of Gold in Indian Rupee terms" having proven to be quite a resilient and profitable strategy, the Indian state has also figured it out. And they are unhappy. Because to them, the key reason for the rupee weakness has nothing to do with the actual economy, and all to do with the Indian population trying to protect against currency debasement coupled with inflation: i.e., purchasing gold. And they will no longer allow it.

Outline on Collapse End Game - Jim Willie

Many are the events, signals, and telltale clues of a real live actual systemic failure in progress. Until the last several months, such banter was dismissed by the soldiers in the financial arena. But lately, they cannot dismiss the onslaught of evidence, a veritable plethora of ugly symptoms of conditions gone terribly wrong and solutions at best gone awry and at worst never intended in the first place. My theory has been steady from the TARP Fund scandal and the Too Big To Fail mantra of deceit. The plan all along since the breakdown began in September 2008 has been to preserve power, to maintain intact the insolvent banks an operational crew of zombies, to aid the financial sector bound in Wall Street, to pay benign neglect to Main Street and businesses (expect for symbols like General Motors), to expand the propaganda of a fictional recovery, and to maintain the endless wars. The wars serve two purposes, to enable significant fraud from overcharged services, and to hold open the gateways for sizeable money laundering flows into the Wall Street banks, those hollow structures that closely resemble a coke addict with dark teeth, wretched bones, wasted organs, lost attention, and a listless gait. The Greek showcase is coming to a neighborhood near you in Western Europe and Great Britain, soon to feature debuts across North America. No, the United States is not immune from the horrors of ruin since its marquee billboards read Zero Percent. It only means the wrecking ball works from the inside out, serving as the central needle in the Black Hole. An outline of the End Game can be written. This article is not comprehensive by any means. But it serves as a decent posting on an outhouse wall. Consider the following as musings in observation of Uncle Sam on death row. They bear no logical flow, just random concepts.

africom: Why the US is establishing military bases in Africa +

A report from the Washington post has stated the US military have established small air bases in Africa to keep surveillance on some African regions they consider to be a threat from 'Al Qaeda'. Along with air bases there are also trained army personnel. The operations that take place here are controlled by the US special operations forces but have a significantly large dependence on private military contractors.

The bases are in Mauritania, Burkina Faso, Ethiopia, Djibouti, Uganda, South Sudan, Kenya, and Seychelles. Many experts believe that the special operation forces which have played a massive role in the Obama administrations national security strategy are working all over the globe and not just in war zones which bring in to question what the real motives are.

Enemy Inside: Pro- & anti-Islam radicals caught in web of hate +

Europe's security experts are sounding the alarm - claiming domestic terrorism has gained a considerable foothold in the continent. They say web-savvy youth are increasingly being seduced by radical ideologies - not only Islamist but also right wing - Sara Firth

John Williams of Shadowstats.com Interview: The Next Crash Will Be A Lot Worse!

Anyone who thinks the U.S. is in recovery should stop listening to the mainstream media and listen to John Williams. He heads up Shadowstats.com, and is one of the few economists who crunches the numbers to give unvarnished true statistics. Adjusted for real inflation of about 7%, Williams says, "GDP has plunged, and we have been bottom bouncing" ever since the financial crisis started. Williams says, "The next crash will be a lot worse (than 2008) because it will push us into the early stages of hyperinflation." He predicts this will happen "by the end of 2014" at the latest.

European meeting to be held to raise awareness of “the eugenic current of European society”

By Madison Ruppert:
A meeting to be held in Strasbourg, France hosted by the Parliamentary Assembly of the Council of Europe (PACE), this week will address the alleged “eugenic current of European society” and the subject of “Eugenics and human rights, issues of prenatal screening.”
Population control has become a major issue in recent years due to major fears surrounding a growing world population especially amongst some of the most impoverished nations, as evidenced by a UK-funded program in India.
Currently, the highest court in Europe is considering a complaint from a woman who claims that she was not given a prenatal screening which would have revealed her daughter’s Down syndrome and thus allow her to choose to abort her child.
This Thursday the roundtable discussion hosted by PACE will be held with European associations of individuals with Down syndrome in response to the case currently being considered by the European Court of Human Rights.
There have been many heated statements on the subject, with some saying that the real topic surrounds “how European society defines humanity.”
Thus, the campaign “Stop Eugenics Now” has been created, along with a declaration entitled “Eugenics is not a human right.”
The case this campaign is speaking out against involves a woman from Latvia who gave birth to her daughter in June of 2002, just to find out she had Down syndrome.

TSA Whistleblowers Tell All!

TSA supervisors turned whistleblowers has revealed to the Alex Jones Show how the federal agency is deliberately directing its staff to hire people with criminal records who exhibit violent tendencies and psychopathic behavior.

Explaining how his job involved filing reports on other TSA screeners who didn't follow procedure, "Rob" expressed his alarm at the fact that criminals were being hired who exhibited the behavior of "psycopaths."

"We have a program in the state of Rhode Island where we take prisoners who are out for non violent drug offenses and everything else -- basically sociopaths -- and we're sending them to a ten day course and getting them out in uniform out checking people," said the whistleblower.

Jesse Ventura to Military Personnel: "Remember Your Oath!"

Alex talks with actor, author, former professional wrestler and the former governor of Minnesota, Jesse Ventura. Alex and Ventura talk about TSA whistleblowers, the disintegration of republic and his new book, DemoCRIPS and ReBLOODlicans Source

Rosenberg Opens Pandora's 'Global Economic Shock' Box

: In a detailed discussion with Bloomberg TV's Tom Keene, Gluskin Sheff's David Rosenberg addresses everything from Europe's "inability to grow its way out of the problem" amid its 'existential moment', Asian 'trade shock' and commodity contagion, and US housing, saving, and fiscal uncertainty. He believes we are far from a bottom in housing, despite all the rapacious calls for it from everyone, as the over-supply overhang remains far too high. "The last six quarters of US GDP growth are running below two percent" he notes that given the past sixty years of experience this is stall speed, and inevitably you slip into recession". He is back to his new normal of 'frugality' and bearishness on the possibilities of any solution for Europe but, most disconcertingly he advises Keene that "when you model fiscal uncertainty into any sort of economic scenario in the U.S., what it means is that businesses raise their liquidity ratios and households build up their savings rates. This comes out of spending growth. And that's the problem - you've got the fiscal uncertainty coupled with a US export 'trade shock'."

Chris Martenson on Shadow Bank Runs and how Central Banks are Missing the Boat!

Herman Van Rompuy has a plan for more European Integration. This is the man that Nigel Farage "called out" in European Parliament not long ago, as being a no body -- someone that "no one had ever heard of." That's not the case anymore. Now everyone knows who Van Rompuy is, whether they like it or not. He is making headlines recently with a reportedly scaled back version of a plan for the future of the Eurozone to be debated upon at the EU summit this week. A frequent guest of the show, Nigel Farage, has expressed his displeasure with Van Rompuy in the past, but it now appears that he may not be the only prominent entity gearing up to do so. Germany appears apprehensive with te plan, as it has been recently downgraded by Egan Jones. We'll discuss with our guest Chris Martenson.

Meanwhile, is 2012 looking more and more like the new 2008?

26 Jun 2012

Drones vulnerable to 'terrorist' hijacking

A small surveillance drone flies over an Austin stadium, diligently following a series of GPS waypoints that have been programmed into its flight computer. By all appearances, the mission is routine.
Suddenly, the drone veers dramatically off course, careering eastward from its intended flight path. A few moments later, it is clear something is seriously wrong as the drone makes a hard right turn, streaking toward the south. Then, as if some phantom has given the drone a self-destruct order, it hurtles toward the ground. Just a few feet from certain catastrophe, a safety pilot with a radio control saves the drone from crashing into the field.
From the sidelines, there are smiles all around over this near-disaster. Professor Todd Humphreys and his team at the University of Texas at Austin's Radionavigation Laboratory have just completed a successful experiment: illuminating a gaping hole in the government’s plan to open US airspace to thousands of drones.
They could be turned into weapons.

Computers on Wall Street are Buying and Selling to Themselves! - Mike Krieger

As if we needed another story to further solidify the running joke that has become the U.S. stock market.  In this article from Bloomberg we find out that:
High-frequency trading firms are drawing scrutiny from U.S. regulators seeking evidence that they may be distorting market prices by conducting transactions with themselves, said two people with knowledge of the matter.
But fear not America, the SEC is on the case!
The Securities and Exchange Commission and Commodity Futures Trading Commission have sharpened their focus on high- frequency and algorithmic trading since May 6, 2010, when about $862 billion was erased from stock values in 20 minutes before share prices recovered from the plunge.
Wow, that makes me feel a lot better.  Two years sharpening their focus.”
Oh well, perhaps the CFTC will do something?
The CFTC has been considering issuing a so-called concept release, a step prior to a formal rulemaking, which could lead to new testing, supervision and oversight requirements for high- frequency and automated trading.
They are “considering a concept release!”  Must be busy working on the Jon Corzine case right?  Which beach is he laying out on this week?

GREEK DEFICIT: How Berlin encouraged Papandreou to big-up the 2009 Greek deficit - The Slog

Defence of German banks a key factor
Schäuble and Merkel….implicated in an incredible scam

How Venizelos fired ELSTAT moles to cover up the truth

Spanish European Commissioner backs story of international fraud
The Western MSM have never questioned the ‘received truth’ that Athens understated its liability and obligations for several years following the launch of the euro. But few if any outside observers know the truth behind what happened when Papandreou took over the Premiership in Greece….and for Machiavellian reasons, the debt was suddenly overstated.
In October 2009, George Papandreou stepped into what one Athens source has called ‘the shitfilled shoes of Kostas Karamanlis’, and discovered that the two previous administrations had lied about both the size of the National Debt, and the ongoing level of government spending. In Greece, the folks you go to see to find out this kind of stuff hang out in an organisation called ELSTAT – the Hellenic Statistical Authority.
What happened in the weeks following was quite bizarre – and pretty fully documented.

Cancer patients rejoice after legal victory

By Brent Daggett:
Single mother of five, Doreen Flynn, as well as cancer patients around the country can now rejoice.
Attorney General Eric Holder, as of June 25, declined to seek Supreme Court review of an appeals court decision which unanimously ruled that the sale of bone marrow donations is not illegal.
On December 1, 2011 the three-judge panel of the 9th Circuit Court of Appeals ruled in Doreen Flynn at al. v. Holder that the 1984 National Organ Transplant Act (NOTA), which bans the sale of organs, doesn’t apply to compensating certain bone marrow donors.
The judges’ logic are rooted in the fact that NOTA does not cover compensating marrow donors since the marrow cells donated are acquired from the blood with modern technology such as plasma and platelets.
Since Congress did not outlaw compensation regarding blood components, the court stated it could not have meant to outlaw compensation for marrow cells.
The suit was brought on by the libertarian-minded law firm Institute for Justice as well as the California non-profit group MoreMarrowDonors.org.
MoreMarrowDonors.org is a site that seeks to increase the voluntary contributions of bone marrow by offering individuals incentives such as small scholarships, housing allowances, or gifts to charity.
“This decision will not only save lives, but also reinforce the principle that doctors and patients should have the freedom to make their own choices when confronted with deadly diseases,” said Jeff Rowes, a senior attorney with the Institute for Justice and lead counsel on the case.