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
Thursday, May 31, 2012
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 Rogers. Source
By Rick Murphy: The Federal Reserve has been assuring the about the perfection of the US economy.
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.
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.
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.