Sunday, July 15, 2012

Eustace Mullins: Secrets of The Federal Reserve + The New World Order

Fantastic presentation by the late great Eustace Mullins about the Secrets of the Federal Reserve. Eustace Mullins is arguable the best researcher of esoteric topics.

Penis Length, LIBOR & Soviet Growth - azizonomics

Aziz: Healthy markets require solid data based on reality.
It is hard enough to determine what, when and how to invest even with solid data. We live in an unpredictable and chaotic world, and the last thing that investors need is misinformation and distortions. That is why the LIBOR manipulation scandal is so infuriating; as banks skewed the figures, they skewed entire marketplaces. The level of economic distortion is incalculable — as LIBOR is used to price hundreds of trillions of assets, the effects cascaded across the entire financial system and the wider world. An unquantifiable number of good trades were made bad, and vice verse. Yet in truth we should not expect anything else from a self-reported system like LIBOR. Without real checks and balances to make sure that the data is sturdy, data should be treated as completely unreliable.
Unsurprisingly, it is emerging that many more self-reported figures may have been skewed by self-reporting bullshittery.

Houston police 'allegedly' kill man with his hands in the air then take cell phone from witness by force

By Madison Ruppert: In yet another case of witnesses completely contradicting the official story, the individuals who witnessed the killing of Rufino Lara at the hands of officers of the Houston Police Department disputed just about every single purported fact put forth by the police.
This entire case isn’t all that surprising considering that police in another urban area, New York City, identified people who exercise their right to film police as “professional agitators.” Furthermore, this is the same department which employs the officers who arrested a woman for holding a sign warning motorists of an upcoming police speed trap.
According to the Houston Police Department, Lara was walking away and refusing to stop and recognize the commands of officer J. McGowan in both English and Spanish.
McGowan was investigating an assault and according to officials from the department, Lara kept one of his hands tucked under his shirt. When Lara turned around suddenly, allegedly with his hands still under his shirt, McGowan shot and killed him.
Now two witnesses have called just about every single aspect of the official story into question.

The Hole within an Apartheid Gulag within a tax farm: Illegal Israeli detention of hundreds of little Palestinian children - By Press TV, Banned in the UK to hide these undesputed facts from the British Public

"Every Palestinian child is seen as a potential terrorist."  An important report published by a group of British lawyers, funded by the Foreign Office has highlighted the inhumane treatment of Palestinian child prisoners by Israel. In the report's damning conclusion, the lawyers stated that the reluctance to treat Palestinian child prisoners in accordance with international law may stem from the Israeli view that every Palestinian child is a 'potential terrorist' which leads to a 'spiral of injustice'.

It shows how Israeli settlers and Palestinians are subject to different laws, so a Palestinian child can be held for up to 90 days without access to a lawyer

The Real Libor Scandal ~ Paul Craig Roberts and Nomi Prins

According to news reports, UK banks fixed the London interbank borrowing rate (Libor) with the complicity of the Bank of England (privately owned UK central bank) at a low rate in order to obtain a cheap borrowing cost. The way this scandal is playing out is that the banks benefited from borrowing at these low rates. Whereas this is true, it also strikes us as simplistic and as a diversion from the deeper, darker scandal.
Banks are not the only beneficiaries of lower Libor rates. Debtors (and investors) whose floating or variable rate loans are pegged in some way to Libor also benefit. One could argue that by fixing the rate low, the banks were cheating themselves out of interest income, because the effect of the low Libor rate is to lower the interest rate on customer loans, such as variable rate mortgages that banks possess in their portfolios. But the banks did not fix the Libor rate with their customers in mind. Instead, the fixed Libor rate enabled them to improve their balance sheets, as well as help to perpetuate the regime of low interest rates. The last thing the banks want is a rise in interest rates that would drive down the values of their holdings and reveal large losses masked by rigged interest rates.

Tel Aviv, Israel: 10,000 march, 1 man sets himself on fire “for the humiliation that disenfranchised citizens go through day in and day out, that take from the poor and give to the rich.”

Update: As of Sunday morning, Moshe Silman was reportedly fighting for his life, with burns on more than 90 percent of his body. According to Ynet, in the weekly cabineet meeting, Prime Minister Benjamin Netanyahu called the act a “great personal tragedy” and said that he asked welfare and housing officials to look into the case. This Haaretz report details a decade-long struggle against a  ”bureaucratic nightmare” that prompted the act,

Wall Street (Bankster) sleaze keeps growing - Robert Reich

Sit down, and hold on to your chair.
Consider the most basic services banks provide you: You put your savings in a bank to hold in trust, and the bank agrees to pay you interest on it. Or, you borrow money from the bank and agree to pay the bank interest on the loan.
We trust that the banking system is setting interest rates based on its best guess about the future worth of the money. And we assume that guess is based, in turn, on the cumulative market predictions of lenders and borrowers all over the world (including central banks) about the future supply and demand for the dough.
But suppose our assumption is wrong. Suppose the bankers are manipulating the interest rate so they can place bets with the money you lend or repay them - bets that will pay off big for them because they have inside information on what the market is really predicting, which they're not sharing with you.
That would be a mammoth violation of public trust. And it would amount to a rip-off of almost cosmic proportion

George Galloway v Zionist + Jews Who Stand With Palestinians Against Israel

Published by : "Because they were less than us!" British MP George Galloway knocks some sense into a racist reading from his JDL script.

Palestine, Peace not Apartheid - Jimmy Carter

Jimmy Carter: Israel, Palestine, peace and apartheid
Americans need to know the facts about the abominable oppression of the Palestinians
The many controversial issues concerning Palestine and the path to peace for Israel are intensely debated among Israelis and throughout other nations - but not in the United States. For the past 30 years, I have witnessed and experienced the severe restraints on any free and balanced discussion of the facts. This reluctance to criticize policies of the Israeli government is due to the extraordinary lobbying efforts of the American-Israel Political Action Committee and the absence of any significant contrary voices. It would be almost politically suicidal for members of Congress to espouse a balanced position between Israel and Palestine, to suggest that Israel comply with international law or to speak in defence of justice or human rights for Palestinians.

"The ruling class is losing it's role. It's no longer competent to rule!" Slavoj Zizek on Croatian Talk Show [eng subs]

...to make people start thinking. I always repeat this. What is threatening us? Not only do we not have answers to problems, we don't even have a clear image of what the problems are. This is our duty, to stir the people. The ruling class is losing it's role. It's no longer competent to rule!"
By : Slavoj Zizek informally, when he attended the Subversive film festival in Zagreb. " Attention! Slavoj Zizek is speaking in Croatian (or what we once called "Serbo-Croatian"). My mother tongue is Slovenian, I am not fluent in Croatian, and have many problems with English spelling. Fortunately, I am not a translator by profession. So, please keep in mind that there may be flaws in the translation, and not only in the spelling and grammar. Words in brackets are only an approximation of what was really said. Thanks. Source

"Trade-Off": A Study In Global Systemic Collapse - David Korowicz



Tyler Durden's pictureSubmitted by Tyler Durden: And now some bedtime reading for everyone who consistently has a nagging feeling that at any second the world is one short flap of a butterfly's wings away from complete systemic disintegration: according to David Korowicz of FEASTA, and his most recent paper: 'Trade-Off: Financial System Supply-Chain Cross-Contagion: a study in global systemic collapse." that just may be the case.
Without further ado, we hand over the mic to the author:
This study considers the relationship between a global systemic banking, monetary and solvency crisis and its implications for the real-time flow of goods and services in the globalised economy. It outlines how contagion in the financial system could set off semi-autonomous contagion in supplychains globally, even where buyers and sellers are linked by solvency, sound money and bank intermediation. The cross-contagion between the financial system and trade/production networks is mutually reinforcing.

It is argued that in order to understand systemic risk in the globalised economy, account must be taken of how growing complexity (interconnectedness, interdependence and the speed of processes), the de-localisation of production and concentration within key pillars of the globalised economy have magnified global vulnerability and opened up the possibility of a rapid and large-scale collapse. ‘Collapse’ in this sense means the irreversible loss of socio-economic complexity which fundamentally transforms the nature of the economy. These crucial issues have not been recognised by policy-makers nor are they reflected in economic thinking or modelling.

Turkish Phantom missiles: the Pearl Harbor moment

By Richard Cottrell: With each passing day, the crisis over the shooting down of a US-built Turkish F-4 Phantom aircraft is assuming the importance of a Pearl Harbor moment in the slow-motion run-up to war between the NATO coalition and Syria.
The midnight oil is burning in Ankara this weekend as the hawks of the Turkish High Command and the civilian government wrestle with the contested accounts of how the jet came to be shot down on June 22nd while supposedly engaged on a purely non-combat surveillance mission close to or over sovereign Syrian airspace.
The Syrians at first rushed in with claims that they intercepted one of the fastest jets yet designed, with a top speed of Mach 2.2 and incredible maneuverability, by means of ground-based anti-aircraft fire.  Having stuck to this preposterous claim for days, President Bashar al-Assad now says he is “sorry” his commanders downed the jet.
In fact, they had no more chance of hitting the supersonic fighter with short-range ack-ack guns than a Syrian marksman armed with a bow and arrow.
The US has admitted that it knows exactly who shot down the jet and with what kind of weapon. Given that the skies of the entire Middle East are under constant scrutiny in the approach to war with Syria and Iran, this is scarcely surprising. In fact it would be seriously remiss if the Pentagon could not identify the culprit within minutes or even seconds of the shooting.
However, the Pentagon, the Department of Defense, the State Department, the White House and NATO are not going to name the unnameable.
There can be little doubt, under these circumstances, that Israel is the chief suspect and that Israel is in turn secretly renewing old alliances with the Turkish High Command.