30 Mar 2013

We've Been Lied To, Robbed, And Mislead - David Stockman

Chris Martenson: David Stockman, former director of the OMB under President Reagan, former US Representative, and veteran financier is an insider's insider. Few people understand the ways in which both Washington DC and Wall Street work and intersect better than he does.

Political Fallout Begins: Former Cyprus President Named In Loan Write-Offs Leading To Banking Insolvency + 25 Lessons From The Cyprus 'Deal'

Tyler Durden's picture A few days ago, when news hit that Cyprus has begun investigating who the people were who had managed to pull cash out of nation's insolvent banks, both during the capital control "blackout" period and previously, we asked "how much longer will the rule of law remain in Cyprus once full blown class warfare is unleashed, and the 99% are generously handed the list of the 1% who were "informed" enough to pull their money from the flaming sovereign equivalent of Bernie Madoff, while every other uninsured depositor is facing losses of up to 80%, and soon 100%?" We may get the answer much sooner than expected, as the first iteration of this list: one naming the beneficiaries of millions of loans written off by the now insolvent Cyprus banks and therefore indirectly responsible for the "impairment" of the banks' depositors, was released yesterday by Greece's daily Ethnos newspaper. But what virtually assures substantial political fallout is that among the people listed is Cyprus' former president, George Vassiliou.


"This is what happens when bonuses are more important than child buggery." 
The Slog: Yesterday’s revelation that the man in police custody is Rolf Harris represented yet more distraction away from the mainstream of British paedophilia. But The Slog will continue to report the reality.
This from a victim of sexual abuse by John Wills, would-be scoutmaster in Stowmarket – about whom I posted recently:
“I was raped and abused sexually by John wills whilst in care as a child. A cursory google of John Wills paedophile will throw up how Wills is also linked to oakwood school stowmarket and abuse there, he’s the lynch pin of a huge paedophile ring. The police tried to deny yesterday that it was him, but I’ve seen pictures of him there. They gave him amnesty from further prosecution and further access to boys in return for him giving the police evidence on other paedophiles.
“Jonathan Eckersley was my social worker and arranged for me to go to John Wills’ house for fostering where I was raped and abused for months almost daily, by him and others. I wasn’t allowed to give evidence against him. Jonathan Eckersley, it has since been found, sat on the vetting committee when John Wills became a foster carer.

British Ponzi Lottery Racket - Max Keiser with Rowan Bosworth-Davies

Max Keiser and Stacy Herbert discuss the previously successful UK economy which has become addicted to gambling and spending fortunes on spread betting and so has turned to operating ponzi schemes in order to keep the appearance of economic activity. In the second half of the show, Max Keiser talks to former Scotland Yard fraud squad detective, Rowan Bosworth-Davies of Rowans-Blog.blogspot.co.uk about the evidence he gave to the Parliamentary Committee on Banking Standards that went missing and how it is that the British banking system is remarkably similar to an organized crime racket. Source

Cyprus, The Canary in The Mine - Gerald Celente

AJ: Gerald Celente to discuss the looting of Cypriot bank accounts, and what the future holds for Italy, which may be the next nation to be similarly plundered by the EU and IMF.

The Thieving of Our Societies is Racist - Morris

Morris: If we had any idea of the scale of the crimes and thieving being committed on our societies we would not get baited into discussing economics and politics. Source

3 Types of Contagion and What They Mean for the Global Economy

By ffwiley: In one of a few early hints that Europe might surprise the world with its Cyprus bailout, on February 10th the Financial Times leaked the content of a secret EU memo. It reported that bank depositor haircuts were among three options being considered to reduce bailout costs. And the memo also warned ominously that such drastic action could restart contagion in eurozone financial markets.”
Clearly, policymakers decided to take their chances. And now we’re living through the contagion that the memo’s authors predicted. But what exactly does that mean? Sure, we can see volatility in asset prices, but how long will it last? Some pundits say it’ll blow over like a late afternoon shower on an otherwise sunny day. I disagree.
I’ll suggest there’s more to it than rising market volatility and that we should take a closer look at the meaning of contagion. I’ll argue there are three different types at work today: vanilla contagion, latent contagion and stealth contagion. And when you add up the three effects, Cyprus will have a bigger global impact than many expect.

Bitcoin Versus the Euro!

Stefan Molyneux: Stefan Molyneux, Host of Freedomain Radio, talks with Doug Owen of Blacklisted Radio about the failures of the euro, the end of fiat currency, and the dead-end of no more war. Source

USDollar: Ring-Fenced & Checkmate

By Jim Willie CB: An unstoppable sequence of events has been put into motion finally. The pressure has been building for months. Some themes are plainly evident, except to those who wear rose colored glasses in the US Dome of Perception. The USTreasury Bond will be brought home to the US and British banks, where it will choke its bankers, then be devalued for survival reasons, after a painful isolation. The Chinese and Russians will conspire to finance the Eurasian Trade Zone corridor foundation with USTBonds, held in reserve, put to usage. The British will play a very unusual role, selling out the United States in order to be squires to the Eastern Duo. The process has begun; it cannot be stopped. The events are already being grossly misinterpreted and minimized in the US press, where devoted lapdogs, artistic swindlers, and creative writers prevail. The Paradigm Shift eastward is showing its next face, with a truly massive trade zone for cooperation and reduced cost overhead as the giant foundation. The Untied States for all of its past hegemony and devious manipulations and vicious attacks, will be excluded. The British will assist in the exclusion in order to avoid the Third World themselves. The following blueprint is the result of years of planning, with steady information and hints and confirmations by at least two Hat Trick Letter sources. The sunset of the USDollar has a blueprint. As a personal embroidery, let me state that this article is the most important the Jackass has ever written. Let it be taken seriously for its grave somber message.

MonSatan: Mike Adams Breaks Down The Monsanto Worshipping Act

AJ: The internet has erupted into a fury over Obama's signing of the so-called "Monsanto Protection Act," a rider to a federal appropriations bill that hands Monsanto the power to nullify the decisions of federal courts. If the courts decide that a genetically engineered crop is dangerous to the public or the environment, it can no longer order Monsanto (or any other company) to stop planting the crops. Instead, the law mandates the Secretary of Agriculture to issue permits and deregulation orders that allow the "continued cultivation, commercialization and other specifically enumerated activities" even if a crop is deemed to be causing a plague or unleashing dangerous genetic pollution.

PEAK JOBS + The Knowledge Economy's Two Classes of Workers

Charles Hugh Smith: The knowledge economy has important implications for both workers and organizations.

Big Government: An Unnecessary Evil That Should Be Abolished

Brandon Smith: There are two types of people in this world; those who worship the ideal of centralized command authority, and those who do notThose who value freedom regardless of risk or pain, and those who value slavery in a desperate bid to avoid risk and pain.  When I consider the ultimate folly of man, in the end I look to the meek and unquestioning masses who strive to avoid risk, because it is they who always end up feeding the machines of war, despair, and tyranny.  The power thirsty halls of elitism surely instigate and manipulate the tides of this wretched ocean of quivering souls, but ultimately, the weak-hearted and weak minded make all terrible conquests possible.
They live by the rule of fear, and their fear drives them to seek control; control of their environment, control of others, and by extension they believe, control of the future.  They attempt to mitigate their overwhelming fear by containing the world and sterilizing it of everything wild, untamed, and unknown.  They dream of a society of pure predictability, and zero responsibility.  They are willing to sacrifice almost anything to attain this position of artificial comfort.