14 Jun 2012

Property, Theft, Asset Forfeiture and Ron Paul Betrayed!?!

Stefan Molyneux hosts the Peter Schiff radio show, discusses the philosophical basis for property rights, and welcomes special guests economist Veronique deRugy to talk about the hidden cost of stimulus spending, and lawyer Larry Salzman to talk about the high cost of healthcare, and legal hell of asset forfeiture. Also, the RNC is Blocking Ron Paul Republicans from Tampa Bay Convention Grounds! Source

Italy: Brindisi and the return of synthetic terror

By Richard Cottrell: A personal post-mortem on the death of an innocent
One of the most depressing aspects of writing about the world scourge of synthetic terrorism is discovering how easy it is for the old dogs simply to revert to well-rehearsed and trusted tactics of the past seemingly without the public noticing.
Nowhere is this currently more obvious than in Italy, the country which endured the famous ‘years of lead’ (gli anni di piombo) in the 1970s and 80s.
Less than two weeks ago, a hideous event occurred at a mid-level college school in Brindisi, a bustling port city situated in the heel of Italy. A 16-year-old fashion student with every promise of a bright and exiting future was literally ripped to shreds as she made her way to class, the victim of explosive canisters of gas set off apparently by a remote control device tucked away nearby.
Others suffered hideous injuries. In the aftermath the schoolyard looked like a war zone.
This crime is so disgusting that I find it difficult to compose myself in writing about it, let alone understand the motives of the perpetrator, or more likely, perpetrators.
As it is, the anticipated patsy or stooge has now made his bow before the footlights of the media, to very mixed reviews since so many people in Italy apparently find the explanation of yet another lone maniac working off a grudge against society utterly unconvincing.

"Asset stripping and neo-feudalization" Con Games Go Global - Max and Stacy Keiser with Yanis Varoufakis

Max Keiser and co-host/betrothed Stacy Herbert, the European short change con in which debt and debt facilities are created and swapped at ever increasing speeds in order to defraud the population. In the second half of the show Max talks to economist Yanis Varoufakis about "the ponzi austerity screwing Europeans right down to the ground with more debt." "New Greek government should refuse future German loans, find another way to make it work or let the eurozone go to hell." Source

Microwave Ponzonomics: Transmit stock trades faster than fibre optics

Jeff Hecht: Nowhere is the phrase "time is money" taken more seriously than in the world of high-frequency securities "flash" trading, where the goal is to profit by being first to react to price differences between markets. Trying to tap that market, telecommunications companies are spending hundreds of millions of dollars laying submarine cables through the Arctic Ocean to shave milliseconds off the transit time between Tokyo and London.

Now the Wall Street Journal is reporting that traders are turning to old-fashioned microwave relay towers to speed deals between New York and Chicago. The newspaper reports that 10 companies have filed applications with the Federal Communications Commission to build such links.

Why microwaves? Is the speed of light too slow, as traders have complained? The Journal reports that microwaves take 4.25 milliseconds to travel between New York and Chicago, beating the 6.55 milliseconds for infrared light traveling through a fibre-optic cable

Manna from Bankrupt Cyprus

From the - populations ripped off by the bankster cartel for natural resources dept: 

In Greece’s chaotic wake bobs the listing Republic of Cyprus, (that once stood as a beacon and tiger economy with a super stable currency of its own for a quarter of a century since independence from its former colonial overlords the British, but now since joining the EURO...) soon to be the fifth Eurozone country, out of seventeen, to get a bailout (massive gas reserves found). By June 30. And on July 1, in the ironic European manner, the tiny country on a Mediterranean island that is geographically closer to Turkey, Syria, and Israel than any European country, will automatically rotate into the Presidency of the Council of the European Union for a six-month term—mechanized democracy at the EU level.
Only last year’s €2.5 billion loan from Russia has kept it afloat. Its economy is shrinking, unemployment is at a record, and real estate is collapsing after a phenomenal bubble and after an even more phenomenal nationwide title-deed scandal that banks, lawyers, and developers were colluding in to their immense benefit. And it has taken down the banks. [For more on that fiasco, read my post from last October.... Another Eurozone Country Bites the Dust].
So the banks need to be “recapitalized.” As is the case in Eurozone bailouts, the losses will be socialized to taxpayers in distant countries. €1.8 billion, or 10% of GDP, is needed just to recapitalize its second-largest bank, Cyprus Popular Bank. Many more billions will be needed for the other banks. And as the first bailout is never enough, more money will be needed for the second wave. The government itself needs to be bailed out. It has been cut off from the markets and can’t get its deficits under control—amazing how a country with 803,000 people can concoct problems of such magnitude

Leakers at Risk: UK seeks to silence whistleblowers

Britain is considering pulling the plug on whistleblowers. A bill is circulating through parliament there which, if it comes into force, might discourage people from speaking out against serious violations and corporate wrong-doing. Sara Firth looks at the possible risks for those who want to do the right thing. Source

Irish property pair seek to file for bankruptcy in UK

From the - ponzinomics sauce for the banksters clearly isn't sauce for mere commoners - dept.

Rupert Neate: An Irish couple who built up a €1bn (£800m) portfolio of luxury property, stretching from London to Washington DC and Stockholm, will attempt to file for bankruptcy in London on Thursday.
Brian O'Donnell, a high-profile Dublin corporate lawyer, and his psychiatrist wife, Mary Patricia O'Donnell, are accused of being among the Irish "bankruptcy tourists" fleeing to the UK to use Britain's more lenient bankruptcy laws.
The couple, from Killiney, Co Dublin, have relocated to a town house a stone's throw from Westminster to facilitate the filing for bankruptcy here.
Bankrupts face only a year in financial purdah in Britain, compared with 12 years in Ireland.
The O'Donnells had taken advantage of cheap credit, offered by Irish banks before the credit crunch, to build up a huge set of properties, including an office block metres from the British Houses of Parliament. When the credit crunch began to bite the couple found it difficult to pay back their debts.
The couple are engaged in a legal battle with the Bank of Ireland over €75m of debts. The Irish court battle revealed that the couple, who were once listed as the 178th richest in Ireland, have transferred the ownership of three properties worth an estimated €360m to their four children. Lawyers for the Bank of Ireland dismissed the trusts as a "sham".

"Due To The Extreme Volatility Some Market Analysts Foresee..."

Helmet time.
From Oanda
Due to the extreme volatility some market analysts foresee could result in the coming days, OANDA fxTrade will not accept any trading activity from 6:00 AM EST until approximately 3:00 PM EST, on Sunday, June 17, 2012. OANDA believes the convergence of a major market event during off-market hours represents a potential trading risk and has taken this rare step to protect traders from excessive rate fluctuations.

Please note that during this halt in trading, you can still access your account details but no trading activity will be accepted. For this reason, OANDA strongly recommends that all traders consider minimizing currency exposures prior to the trading halt.

If you do intend to maintain open positions during this period, be aware that OANDA will hold exchange rates steady during the trading halt. However, when trading resumes, rates will immediately adjust to the current market rate and it is possible that the updated rate could result in a margin closeout if the price has moved significantly against your positions.

Italy Trembling on the Brink

“I believe, no,” is how Italian Prime Minister Mario Monti answered the question if Italy would seek a bailout—lacking the bravado and vehemence with which Spanish Prime Minister Mariano Rajoy had claimed for the longest time that Spain wouldn’t need one. Until it needed one. The question was hot. It followed the kerfuffle that ensued when Austrian Finance Minister Maria Fekter had let it slip Monday that Italy, given the high rates it has to pay on its debt, might also need “support.”
Monti was addressing restive German taxpayers on Bavarian public radio: He understood that Germans were looking at Italy as “a merry and undisciplined country,” but Italy was much more disciplined than other countries, he said, and wasn’t all that merry.
Italy is paying twice, he said: for the bailouts of other countries and very high rates for its own sovereign debt. Germany pays only once, namely for the bailouts, because it pays practically no interest on its debt. But he promised his German listeners: “The budget deficit this year will be low, only 2%.” And next year, a surplus is scheduled. “The country is changing,” he said.
A full-fledged bailout of Italy is a theoretical construct, anyway. As the third largest economy in the Eurozone, it’s too big to get bailed out by the Eurozone. Of the 17 member states, five, if Cyprus is included, are already being bailed out. Leaves 12, including teetering Italy, to pay for them. If Italy falls, the two major countries left standing to bail all of them out would be Germany and France. An impossibility.
And Italy is desperate. “Schnell, Frau Merkel,” screamed the front-page headline of the Italian business daily Il Sole 24 Ore.

Quest Beyond Limits of the Ordinary - Courageous Scientists Dr. Rupert Sheldrake & Dr. Bruce Lipton

Submitted by Dr. Alfred Rupert Sheldrake (born 28 June 1942) is an English scientist and author. He is known for having proposed a non-genetic account of morphogenesis and for his research into parapsychology. His books and papers stem from his theory of morphic resonance, and cover topics such as animal and plant development and behaviour, memory, telepathy, perception and cognition in general. His publications include A New Science of Life (1981), Seven Experiments That Could Change the World (1995), Dogs That Know When Their Owners Are Coming Home (1999), The Sense of Being Stared At (2003), and The Science Delusion: Freeing the spirit of inquiry (2012).

Nigel Farage Exposing New Giant Euro Banking Scam

The Nanny State is HERE! - "Super-Weaponised Micriplasmic Flue!"

Alex covers the latest developments on the engineered implosion of the global economy as the embattled eurozone heads for economic Armageddon with Spain and Italy begging for bankster handouts. Alex also talks about the betrayal of Rand Paul as the senator from Kentucky attempts to merge the liberty movement with the establishment Republican Party. Alex confronts multiple aspects of the emerging police state -- from TSA pedophiles gone wild to new surveillance technology -- and he also takes a large number of calls on today's show. Source