Max Keiser: "Bank Run, Economic Armageddon" Greece financial crisis with Karl Denninger + Reform = Crime To Favour Wall St. Crooks with Luke Rudkowski

Max interviews Karl Denninger from market-ticker.org. He talks about the finical crisis in Greece and how it will unfold in near future. Karl Denninger was the CEO of MCSNet in Chicago, one of the area's first Internet providers. He is a founding contributor to conservative blog market-ticker.org and was one of the early members of the Tea Party movement.

The disturbing, ludicrous legislation which would give unknown amount of military aid to Israel

By Madison Ruppert:

I never cease to be amazed by the fact that our so-called representatives so blatantly work against the American people while actively working for foreign nations that not only support and train terrorists but are also egregious violators of human rights and flouters of international law.

Of course, I am referring to none other than the state of Israel, which has become what some call the 51^st state. I would disagree with this characterization, as it would imply that Israel is viewed as equal to any of the other 50 states, which is clearly not the case.

Israel is placed on a special level far above all of America, evidenced by the fact that “our” government continues to pour funds into Israel while countless people in the United States are homeless, hungry, jobless and completely ignored by the suits in Washington D.C.

Even more ludicrous is the fact that we do not even have the money that they continue to give and guarantee to Israel. Our nation is wracked by more debt and a larger deficit than any time before and yet our government believes a foreign state should be given higher priority than our own country.

"Constitution Free Zone" Texas schools to begin tracking students with IDs embedded with RFID chips

By Madison Ruppert: In an attempt to get more money from the state, a middle school and high school in Texas are implementing a program in which student IDs will be outfitted with radio-frequency identification (RFID) chips in order to track their movements around school.

If you’re unfamiliar with this technology, a great primer on the subject has been written by Brent Daggett for End the Lie and I highly recommend you take a few minutes to explore some of the other applications of RFID, many of which are nothing short of disturbing.

As is so often done when it comes to surveillance technology, this is being sold to us as something for our own good and the good of our children. This is identical to how the Drug Enforcement Administration (DEA) is pushing their ludicrously unconstitutional license platesurveillance program I detail in the below video:

Company produces renewable hydrogen with small-scale solar device and water

By Madison Ruppert: In an age where we have seen the horrific dangers associated with nuclear power generation as well as the environmental degradation created by the harvesting of other highly popular energy sources such as oil and coal, new technologies continue to emerge which could radically change the world as we know it.

Open War On Islam! FBI Spies on US Muslims, Decade Living In Fear

Muslims in the US state of California say they're living in fear of prosecution by the government. They claim the FBI regards practicing Islam as a criminal offense. And while the government says it's just trying to prevent terrorist attacks, the Muslim community isn't convinced, as RT's Madina Kochenova discovered. Source

FBI 'secretly' creates Internet police?

The FBI was rather public with its recent demands for backdoor access to websites and Internet services across the board, but as the agency awaits those secret surveillance powers, they're working on their own end to have those e-spy capabilities.

Not much has been revealed about one of the Federal Bureau of Investigation’s newest projects, the Domestic Communications Assistance Center, and the FBI will probably try to keep it that way. Despite attempting to keep the DCAC largely under wraps, an investigation spearheaded by Cnet’s Declan McCullagh is quickly collecting details about the agency’s latest endeavor.

Governmental agencies have been searching seemingly without end for ways to pry into the personal communications of computer users in America. Congressional approval and cooperation from Internet companies could be an eternity away, of course, but the FBI might be able to bypass that entirely by taking the matter into their own hands. At the Quantico, Virginia headquarters of the DCAC, federal workers are believed to be already hard at work on projects that will put FBI spies into the Internet, snooping on unsuspecting American’s Skype calls, instant messages and everything else carried out with a mouse and keyboard.

Jim Willie: US T BOND TOWER OF BABEL TEETERS

By Jim Willie,

-the Treasury Bond market is defying gravity, highly unstable like a great tower to reach the sky
-the 0% interest rate in the face of annual $1.5 trillion deficits represents a great contradiction
-the glue to hold it together includes clearly the USFed debt monetization, hyper monetary inflation
-the hidden tool keeping the USBond tower upright, preventing its fall, is the Interest Rate Swap derivative
-a chronology is provided to explain the Interest Rate Swap heavy usage, not a flight to safety after all
-the IRSwap contracts were used by $8 trillion in late 2010, which routinely produce artificial USTBond demand
-the USFed is stuck at 0% forever, and thus is forced to defend and support an ever higher USTBond tower
-JPMorgan recently opened the door for better view of its losses, based admittedly on Interest Rate Swaps
-the JPM losses will reach toward $100 billion in the next year, all in time
-a chain reaction has been triggered which assures much greater losses, probably the toppling of USTBonds
-the response will be a massive flood into GOLD

Leaving It All Behind - When Modern Cities Become Ghost Towns

By Kate Katharina Ferguson: Urban researchers in Berlin are exploring an eerie phenomenon -- the modern ghost town. From a deserted Cypriot holiday resort to a brand new Chinese city devoid of inhabitants, they are asking why people abandon their communities and exploring the stories that make these empty places so compelling.

The Japanese island of Hashima was once among the most densely populated areas in the world. But with the decline of the coal industry, the island was deserted in the 1970s. Now history enthusiasts like to explore it in hopes of discovering remnants of the mining town it once was. The desolate ruins of the settlement also inspire filmmakers to replicate the haunting setting in their movies.

Hashima is just one example of a number of modern "ghost towns" around the world that has drawn the attention of urban researchers, who opened an exhibition on the topic on Thursday in the German capital of Berlin.

Montreal Mayhem: 700 People Arrested on Wednesday Night Alone as 'Protests grow beyond just student issue'

"The Biggest Act of Civil Disobedience in Canadian History!" Student protests in Canada escalate as nearly 700 people were arrested on Wednesday night alone. The rallies against the proposed tuition fee increases have been going on for over a 100 days in Quebec. Many of those detained were carted off in public buses, which police converted into temporary holding pens. The demonstrations swelled after Quebec's government passed emergency laws last week to make the protests more difficult to organize. For more on the situation RT talks to Corey Pool, news editor of Concordia University's The Link, newspaper. Source

"Either a Terrible Revolution or Unprepared Expulsion for Greece" says MEP Nigel Farage

The Situation in Greece goes from bad to worse. "people daily leaving their children at the doors of the orthodox church with notes hung around their neck saying please take them we can no longer afford to feed them." "Either a terrible revolution or unprepared expulsion"

KING WORLD NEWS AUDIO INTERVIEW LINK

Presenting The Greatest ROI Opportunity Ever

Submitted by Tyler Durden: The dream of virtually anyone who has ever traded even one share of stock has always been to generate above market returns, also known as alpha, preferably in a long-term horizon. Why? Because those who manage to return 30%, 20% even 10% above the S&P over the long run, become, all else equal (expert networks and collocated flow-frontrunning HFT boxes aside), legendary investors in the eyes of the general public, which brings the ancillary benefits of fame and fortune (usually in the form of 2 and 20). This is the ultimate goal of everyone who works on Wall Street. Yet, ironically, what most don't realize, is that these returns, or Returns On Investment (ROI), are absolutely meaningless when put side by side next to something few think about when considering investment returns.

Namely lobbying.

Because it is the ROIs for various forms of lobbying the put the compounded long-term returns of the market to absolute shame. As the following infographic demonstrates, ROIs on various lobbying efforts range from a whopping 5,900% (oil subsidies) to a gargantuan 77,500% (pharmaceuticals).

How are these mingboggling returns possible? Simple - because they appeal to the weakest link: the most corrupt, bribable, and infinitely greedy unit of modern society known as 'the politician'.

UN finally realizes terrorist groups responsible for Syrian bombings

By Madison Ruppert:

Since the violence in Syria first broke out, Syrian President Bashar al Assad stated that the attacks focused on civilians were the work of foreign agents and terrorists, an assertion which the Western media regularly mocked.

I have repeatedly pointed out that large sections of the opposition, such as the Free Syrian Army (FSA), are nothing more than terrorists, evidenced by their willingness to brag about carrying out terrorist attacks.

Furthermore, the reality of terrorist activity in Syria has been nothing short of blatant for months now and the Western rhetoric dating back to over a year ago completely glosses over these facts.

Earlier this year we witnessed a massive pro-Assad demonstration in Damascus which focused on protesting the “one-year conspiracy” to overthrow the Assad government, something which the Western media chose to ignore, for obvious reasons.

Just like the pro-Qaddafi demonstrations in Libya, the shows of support for the Assad government by the Syrian people do not fit into the narrative the establishment media and Western governments are trying to push upon us.

Reggie Middleton breaks down "Muppetology," Face Ripping IPO's, and the Chinese Wall!

It's been a week since Facebook's disastrous debut. The stock didn't even get that initial pop that we have been so used to. Now we've seen shareholder lawsuits, subpoenas, not to mention a whole lot of mind-numbing news coverage in what was an overvalued IPO price. But why did so many people miss this in the first place, even though there was plenty of evidence to suggest that this was a deal only for the biggest of muppets? Could muppetology help us figure this out? Reggie Middleton will be on Capital Account today to give us a few lessons. Remember, he laid out all of the problems with Facebook's valuation on this show long before the IPO, so he is just the man to help us figure out what exactly the big investment banks like JP Morgan, Goldman Sachs and Morgan Stanley missed on this one.

"ECB Will be Insolvent and Costs May Exceed 1 Trillion Euros" Says IIF Director; If the ECB Prints, Would Germany Exit the Euro?

According to IIF director Charles Dallara in a Bloomberg interview, "ECB will be insolvent if Greece were to exit the euro. Europe would have to first and foremost recapitalize its central bank."

Excuse me for asking but how would they attempt to do that? Print Euros?


Please consider Dallara Says Greek Euro Exit May Exceed 1 Trillion Euros

The cost of Greece exiting the euro would be unmanageable and probably exceed the 1 trillion euros ($1.25 trillion) previously estimated by the Institute of International Finance, the group’s managing director said.

The Washington-based IIF’s projection from earlier this year is “a bit dated now” and “probably on the low side,” Charles Dallara said in an interview in Rome today. “Those who think that Europe, and more broadly the global economy, are really prepared for a Greek exit should think again.” 

Keynesianism & Eugenics

Submitted by John Aziz of Azizonomics

Keynesianism & Eugenics

The theory of output as a whole, which is what The General Theory of Employment, Interest and Money purports to provide, is much more easily adapted to the conditions of a totalitarian state.
John Maynard Keynes

In looking at and assessing the economic paradigm of John Maynard Keynes — a man himself fixated on aggregates — we must look at the aggregate of his thought, and the aggregate of his ideology.

Keynes was not just an economist. Between 1937 and 1944 he served as the head of the Eugenics Society and once called eugenics ”the most important, significant and, I would add, genuine branch of sociology which exists.” And Keynes, we should add, understood that economics was a branch of sociology. So let’s be clear: Keynes thought eugenics was more important, more significant, and more genuine than economics.

Eugenics — or the control of reproduction — is a very old idea.

In The Republic, Plato advocated that the state should covertly control human reproduction:

You have in your house hunting-dogs and a number of pedigree cocks. Do not some prove better than the rest? Do you then breed from all indiscriminately, or are you careful to breed from the best?