28 Jul 2013

'I am private eye who spied for financiers protected by police': Pressure grows to investigate companies on secret list given to UK MPs

  • Graham Freeman was jailed for stealing confidential information for firms
  • He says publication of the names of the companies would rock the City
  • Says police are reluctant to release details of businesses
  • It would expose failure to investigate serious fraud allegations
By Robert Verkaik: A private investigator at the centre of a row over a secret list of blue-chip companies that hired  corrupt private detectives has claimed they are being protected by the police.
Graham Freeman, one of four private detectives jailed last year for stealing confidential information on behalf of big business clients, says publication of the names of the companies would rock the City and lead to high-profile prosecutions.
He claims the police and the Serious Organised Crime Agency (SOCA) are also reluctant to release the details because it would expose their own failure to investigate serious fraud allegations over years.

Europe is a Hot Mess - Alasdair Macleod

  • Greece: currently living through a capital "D" Depression; destitution has reached the professional classes at this point
  • Italy: teetering on the edge of political collapse as politicians fight any and all austerity measures
  • Spain: rocked by political scandal, its banking system is now insolvent
  • Portugal: experiencing the flight of its younger generation out of the country
  • France: quickly becoming a bankrupt welfare state, as only 17 million of its 66 million citizens are working
  • Holland: stumbling under the highest level of private sector debt to GDP of any EU country
  • Belgium: struggling with the same challenges as Holland
  • Germany: losing its sovereign wealth with every bailout of its clearly insolvent neighbors

The Exquisite Art Of Marketing To Pauperized Consumers

By Wolf Richter: While workers in the upper income categories, those who don’t have to worry about the price of toilet paper, have seen their incomes rise sharply over the years, the rest have been in a long downward spiral. To take just one measure: median household income, adjusted for inflation, has dropped 7.8% since 2000 (chart). The drop has been steeper for the lower income categories. These are the folks who do worry about the price of toilet paper. And for them, Kimberly-Clark Corp. and other tissue makers have a special strategy:
A word that top executives of personal-care conglomerates are proudly bandying about because it speaks of their corporate spirit of relentless innovation. And it cropped up during Kimberly-Clark’s second-quarter earnings call.
CFO Mark Buthman set the scene when he extolled “organic” sales growth of a whopping 3% in the second quarter, though actual sales, at $5.267 billion, were down fractionally year over year. A continuation of a worsening trend: in 2011, sales rose 5.5%. In 2012, sales rose only 1.0%, not even keeping up with inflation – a topic that came up a lot during the earnings call. In 2013, revenues look to be even more lackadaisical.

Twitter freedom of speech and "Real" agendas

The artist taxi driver

The Jewish Way?

Gold And The Endgame: Inflationary Deflation

Authored by Paul Mylchreest: Excessive monetary stimulus and low interest rates create financial bubbles. This is the biggest debt bubble in history. It is a potent deflationary force and central banks are forced into deploying increasingly aggressive (offsetting) inflationary forces. The avoidance of a typical deflationary resolution to this economic long (Kondratieff) wave is pushing the existing monetary system beyond the point of no return. The purchasing power of the developed world’s currencies will have to bear the brunt of the “adjustment”. Preparations for this by the BRICS nations, led by China, are advancing rapidly.

The end game is an inflationary/currency crisis, dislocation across credit and derivative markets, and the transition to a new monetary system. A new “basket” currency is likely to replace the dollar as the world’s reserve currency. The “Inflationary Deflation” paradox refers to the coming rise in the price of almost everything in conventional money and simultaneous fall in terms of gold.
In the last report, we analysed the negative consequences of QE on the (oh so vital) liquidity of the shadow banking system.

Secret DHS Training Video Leaked + The Archetypal Devil: Satan Speaks!

AJ: The depths of evil depicted in this production, does not even scratch the surface of crimes committed against humanity by the corporate, globalist, New World Order. If this disturbs you, reality should disturb you even more.

"Economics cannot trump mathematics" Extreme Fear Is Reasonable

By : It is nearly impossible to convince people that an economic collapse is likely, perhaps inevitable. It is beyond anything they have seen or can imagine. I attribute that to a normalcy bias, an inherent weakness of experiential learners. For many, accepting something that has not occurred during their time on the planet is not possible. The laws of economics and mathematics may shape history but they are not controlled by history.
The form of cataclysm and its timing is indeterminable. Political decisions continue to shape both. The madmen who are responsible for the coming disaster continue to behave as if they can manage to avoid it.  Violating Einstein’s definition of insanity, they continue to apply the same poison that caused the problem. These fools believe they can manage complexities they do not understand. We are bigger fools for providing them the authority to indulge their hubris and wreak such damage.
Apocalypse In One Picture

Human Livestock Management! +

Stefan Molyneux, host of Freedomain Radio, discusses human livestock management on the Nomad Capitalist Report.

THE NUMBERS RACKET: Hypocrisy, lies and statistics

Don’t look for consistency and truth in Government
The Slog: Jeremy Hunt loves and encourages whistleblowers, but William Hague disapproves of them mightily. This is because they have different aims: Mr Shunt is trying to get his mates into a privatised NHS bonanza, whereas Mr Hague is trying to get his member as far up the American backside as he can. This must be a major split in the senior Conservative ranks, surely? Er, no: Mr Punt disapproves of the Wikileaks whistleblower Bradley Manning, and on this they are in full agreement.
So, um, what is Tory policy on whistleblowers? Public Sector good, State bad? Right-ho, just so we’re clear on this point.
But hang on, hasn’t David Cameron said many times he does “not want to associate with tax avoiders” whereas Jeremy Fruntbottom is, of course, a chap who avails himself of this practice at every opportunity? So surely the Prime Minister must do his duty and fire the Health Secretary? Don’t hold your breath. Cameron is not in a position to fire Mr Blunt: he is a protected species.
Dave himself of course refuses to fire his own protected species, George Unborn. This despite the fact that respected observers now accept Wee Georgie’s Deflatathon method of showing the economy is growing is tosh: the RPI version suggests we’re in a depression; which, of course, we are.

Goldman CEO on risk: The worst 'absolutely will happen'

By Katie Holliday: Investors should always prepare for the most extreme risk scenario because it will happen, Goldman Sachs CEO Lloyd Blankfein told the Australian Institute of Company Directors at a breakfast briefing on Friday.
Blankfein, who's been Goldman CEO since 2006, steered it through the fallout of the global financial crisis of 2007-2008. He said the experience had taught him to accept that the worst thing you can imagine will inevitably happen.
"Most risk management is really just advanced contingency planning and disciplining yourself to realize that, given enough time, very low probability events not only can happen, but they absolutely will happen," said Blankfein.
"The definition of infinity is that you wait long enough, everything happens."