12 Apr 2012

Fraudulent Prime Minster starts up “The Big Society Fund” – Part 3 – Giant Fraud

By Peter Eyre:
You know what they say you can “Smell a Rat”.
This should be renamed the “Big Ponzi Capital".
It was only a matter of time before Gordon and I realised that we had indeed opened up a hornets nest when we started investigating “The Big Society Rip Off” and it just simply kept opening up more and more doors to massive fraud and corruption that has crippled this country and its economy and believe it or not the bastards are so arrogant they are still at it.
Prime Minister, David Cameron, Deputy Prime Minister, Nick Clegg and leader of the opposition, Ed Miliband all form part of the problem in that they are all  either involved or all are aware of the extortionate rape of this country and the associated tax  evasion and do absolutely nothing about it!!

In Guns We Trust - Somali Style! - The Maxorcist and Constantin Gurdgiev

Debt fondue and Central Banks. They also talk about Somalia's stable shilling and the lesson it holds for Europe. In the second half of the show Max talks to professor and economist, Constantin Gurdgiev about the new book of essays he's edited - What if Ireland defaults? They discuss the good cop, bad cop routine by the Troika in Ireland and what lessons can be drawn from the Russian default of the late 90's. Source

Gerald Celente: The Empire is Collapsing

"if things are not fixed and quick : "The cities are going to look like Dodge City. They're going to be uncontrollable. You're going to have gangs in control, motorcycle marauders. You're not going to have enough police or federalis, just like Mexico, to control the situation. New York City looks like Mexico City. If you have money or they think you're going to have money, you're going to be a target for a kidnapping.

Goldman Busted For "Asymmetric Service Initiative" Aka Leaking Inside Information To Whales

Tyler Durden's picture

Back in August 2009 we asked a very simple question: "Is Goldman's Selective Trading Disclosure A Legal Way For Preferred Clients To Front Run The Market?" Today, nearly three years later, the SEC answers our question. The answer - a resounding yes.
As a reminder, "Zero Hedge has long been discussing the impact of selective informational disclosure, be it in the context of trading or research asymmetries, which promote a two-tiered market, where privileged accounts of major broker dealers receive "tips" ahead of "everyone else." The quid's pro quo is that these "privileged" few end up executing the bulk of their trades with the broker-dealer, thus ramping up riskless agency revenues. In essence the clients' capital risk is mitigated, while the return to the "perpetrator" is augmented by collecting a disproportionate share of the bid/offer spread in the given security. Whether this tiering mechanism occurs via Flash orders, SLP provisioning, actionable IOIs, advance selective notice of a large flow order, a phone call, a limited Bloomberg blast, or an Instant Message, the ethics of the practice are undoubtedly shady, and potentially borderline criminal. But no one is the wiser, as both sender and receiver of information know to keep their mouth shut. Until today, when the WSJ blows one aspect of this practice out of the water, by focusing on Goldman's selective informational disclosure to preferred clients, and is likely to create much more headache for Goldman's PR department and its staunchest CNBC-based prosecutor-turned-supporter and soon to be Sellout author."

United 'Police' State purchased 750,000,000 rounds of deadly hollow point bullets - News Analysis

In the United States, DHS (the Department of Home and Security) has purchase 750,000,000 rounds of deadly bullets.

Banks ("the greatest ponzi scheme ever") versus the economy - Steve Keen with Paul Mason

"If we keep the parasitic banking sector alive, the economy dies," warns radical economist Steve Keen.
For BBC Radio 4's Analysis programme, Paul Mason interviews Professor Steve Keen about his diagnosis and proposed treatment for our current economic problems.
A follower of the late Hyman Minsky, Professor Keen has an unconventional proposal for dealing with the financial crisis: a "Modern Debt Jubilee" that reduces private debt without disadvantaging savers, but which drastically reduces the income and power of the financial sector.
Professor Keen has also argued that though it professes to praise capitalism, mainstream "Neoclassical" economics poses a greater danger to capitalism than any number of left-wing revolutionaries. "Its naive, money-less, equilibrium theory of capitalism provided the unwitting cover for the greatest Ponzi Schemes in human history," claims Professor Keen.  He argues that it's in the interests not just of "Occupy LSX" to overthrow this theory, but the business sector as well.

Uncompromising Photos Expose Juvenile Detention of 60,500 in America Every Night. Six times rate of all other developed nations

On any given night in the U.S., there are approximately 60,500 youth confined in juvenile correctional facilities or other residential programs. Photographer Richard Ross has spent the past five years criss-crossing the country photographing the architecture, cells, classrooms and inhabitants of these detention sites. The resulting photo-survey, Juvenile-In-Justice, documents 350 facilities in over 30 states. It’s more than a peek into unseen worlds — it is a call to action and care.
I grew up in a world where you solve problems, you don’t destroy a population,” says Ross. “To me it is an affront when I see the way some of these kids are dealt with.”
The U.S. locks up children at more than six times the rate of all other developed nations. The over 60,000 average daily juvenile lockups, a figure estimated by the Annie E. Casey Foundation (AECF), are also disproportionately young people of color. With an average cost of $80,000 per year to lock up a child, the U.S. spends more than $5 billion annually on youth detention. On top of the cost, in its recent report No Place for Kids, the AECF presents evidence to show that youth incarceration does not reduce recidivism rates, does not benefit public safety and exposes those imprisoned to further abuse and violence.

99% Choir Forecloses on Bank of America

The 99% Choir forecloses on Bank of America's Seattle Headquarters whilst caroling about naughty bankers and their outrageous holiday bonuses. Source

Wildlife Thriving After Nuclear Disaster? Radiation from Chernobyl and Fukushima Nuclear Accidents Not as Harmful to Wildlife as Feared

Radiation from the Chernobyl and Fukushima nuclear accidents may not have been as harmful to wildlife as previously thought.

New research by Professor Jim Smith, of the University of Portsmouth, and colleagues from the University of the West of England has cast doubt on earlier studies on the impact on birds of the catastrophic nuclear accident at Chernobyl in April 1986.
Their findings, published in the Royal Society journal Biology Letters, are likely to also apply to wildlife at Fukushima in Japan following its nuclear disaster in 2011 and represent an important step forward in clarifying the debate on the biological effects of radiation.
Professor Smith, an environmental physicist at the School of Earth and Environmental Sciences, said: "I wasn't really surprised by these findings -- there have been many high profile findings on the radiation damage to wildlife at Chernobyl but it's very difficult to see significant damage and we are not convinced by some of the claims.
"We can't rule out some effect on wildlife of the radiation, but wildlife populations in the exclusion zone around Chernobyl have recovered and are actually doing well and even better than before because the human population has been removed."

Why You Should Care: SOPA

The Internet is under attack, but Tim's robopal is too busy watching dog videos on YouTube to care. Can Tim prove to him that things like SOPA and ACTA are a threat to our online liberty? Source

A Look at how Central Banks are Steering our Society off an Economic Cliff

With debt troubles brewing in Spain, a European Central Banker is triggering talk of ECB intervention...again...So now people are speculating about another bond purchase program to lower Spain's borrowing costs. Oh geez -- how much more money will be conjured out of thin air and pumped into Europe's cesspool to make things "look" stable?? We'll talk about the cost of all this easy money with economist and chairman of the Ludwig Von Mises Institution, Lew Rockwell.

11 Year Old Ron Paul Supporter Slams the Federal Reserve +