"It’s like Bernie Madoff said, ‘The US is one big Ponzi scheme.’ From the king of Ponzi he knows what he’s talking about. All they can say in the mainstream media is that it’s a buying opportunity as they sucker people back into these markets. Did you ever here them say, ‘It’s a selling opportunity?’ Not one of them, they’re a bunch of whores.” Source10 Oct 2011
Celente, Total Global Financial Collapse
"It’s like Bernie Madoff said, ‘The US is one big Ponzi scheme.’ From the king of Ponzi he knows what he’s talking about. All they can say in the mainstream media is that it’s a buying opportunity as they sucker people back into these markets. Did you ever here them say, ‘It’s a selling opportunity?’ Not one of them, they’re a bunch of whores.” SourceWWWAR On Journalism
Geraldo and Fox Run Away from Wall Street: Fox News correspondent Geraldo Rivera attempted to report from the Occupy Wall Street protests in Lower Manhattan today but was forced to abort the broadcast after a throng of demonstrators led a rally of anti-Fox jeers. The incident was caught on camera by RT's Lucy Kafanov.
O'Really v Assange The Juice News
Israeli Extremism Takes More Victims
Israeli extremists attack Palestinian farmers again, injuring three of them and spoiling their olive harvest in the occupied West Bank. On Sunday, dozens of armed Israeli settlers attacked some 50 farmers as they were trying to harvest their olive produce in the city of Nablus in northwestern West Bank, AFP reported. The Palestinian farmers fought back, but were later outnumbered with more and more Jewish settlers coming to reinforce the attackers. An Israeli Army spokeswoman confirmed that one Palestinian had been injured in clashes with settlers.Downplaying the nature of the attack, however, she said, "It's the start of the olive picking season so there were clashes." Since the beginning of September, at least 3,000 olive trees and grape vines owned by Palestinians have been cut or burned by Israeli extremists, according to the latest statistics released by the Palestinian Authority. SourceWhy Iceland Should Be in the News But Is Not
By Deena Stryker. An Italian radio program’s story about Iceland’s on-going revolution is a stunning example of how little our media tells us about the rest of the world. Americans may remember that at the start of the 2008 financial crisis, Iceland literally went bankrupt. The reasons were mentioned only in passing, and since then, this little-known member of the European Union fell back into oblivion. As one European country after another fails or risks failing, imperiling the Euro, with repercussions for the entire world, the last thing the powers that be want is for Iceland to become an example. Here’s why: SourceBen & Jerry’s Support Occupy Wall Street
Additional:
According to MSNBC, the ardent hippies at Ben & Jerry's should be creating an ice cream flavor to celebrate the Occupy Wall Street movement. They're looking for suggestions for the name. I've got a few below
Any other suggestions?
3. Protest Parfait
2. Drummer's Delight
1. Unemploy-Mint
Asks Joshua M Brown
Asks Joshua M Brown
David Cameron Says Euro Has Just Weeks
David Cameron has urged European leaders to take a “big bazooka” approach to resolving The Eurozone Crisis, warning they have just a matter of weeks to avert economic disaster.
The UK prime minister wants France and Germany to bury their differences and to adopt before the end of the year what he claims would be a decisive five-point plan to end the uncertainty, which was having a “chilling effect” on the world economy.
Meanwhile, on Sunday, Angela Merkel, the German chancellor, and France’s President Nicolas Sarkozy Spelt Out Their Determination To Defend The Stability Of The Euro as they met for a bilateral summit in Berlin, though they refused to spell out details of their plans.
Mr Sarkozy insisted that the two leading governments in the eurozone were pursuing a common course, and were ready to announce a comprehensive package before the summit of the G20 leading global economies in Cannes, France, at the beginning of November.
Mr Cameron’s interview with the Financial Times increases pressure on eurozone leaders to act, including pressing Mr Sarkozy to agree A Plan Of Action For The Recapitalisation Of Europe’s Banks.
Separately, Mr Cameron wants Germany and others to accept the “collective responsibility” of euro membership and to increase the firepower of the eurozone’s €440bn bailout fund to stop financial contagion spreading from Greece.
Although he refused to speculate on a Greek default – some British government ministers believe it is now inevitable – he said all uncertainty had to be removed about the country’s economic future.
He also called for the International Monetary Fund to be more active in “holding feet to the fire”, confronting eurozone leaders in the starkest terms possible with the consequences of further prevarication.
The final part of Mr Cameron’s plan is to address Europe’s underlying weaknesses, including deepening the single market and improving the governance of the eurozone, if necessary through treaty change.
“That’s the menu,” he said. “It’s not à la carte – you have to do the whole thing.” His comments reflect growing frustration in London and Washington at the incremental approach so far adopted in response to the crisis. “Time is short, the situation is precarious,” he said.
Mr Cameron believes it is vital that Europe’s leaders get ahead of the markets by announcing a comprehensive plan, comparing it to The “Bazooka” Approach Once Advocated By Hank Paulson, former US Treasury secretary.
He said Europe’s leaders must break the habit of doing “a bit too little, a bit too late” and conveyed the message in person over the weekend to Mrs Merkel.
Mr Cameron’s endorsement of New EU Bank Stress Tests – applying market-based write-downs to sovereign debt holdings – is a tacit acknowledgement that Greece may not be able to meet the onerous terms of its austerity plan.
The tests could put new pressure on the British government to inject more capital into state-owned Royal Bank Of Scotland, although Mr Cameron said he thought this would not be necessary.
Separately Mr Cameron called for EU “safeguards” put in place to protect the interests of non-euro members like Britain as the single currency area becomes increasingly integrated.
Of course we know the PM personally ;) and our analysis from the perspective of the cause for a Global Insurrection Against Bankster Occupation is simply this, tut tut David! He works for the Banksters.
Greeks Pay For Economic Crisis With Their Health
and
Trying times for Greek families reports Nigel Cassidy. Source.
Pirate party takes Berlin
After an unexpected showing in Germany's elections, 15 internet-freedom activists become legislators
Syria, We’re Building Our Own Arab Democracy
Russia and China vetoing the harsh resolution on Syria in the UN marks a new political force equal to the West stepping on to the international stage, believes political and media adviser to Syria’s President Bashar Assad, Dr. Bouthaina Shaaban.