EUROPE | WHAT REALLY HAPPENED


EUROPE

Oct 07 06:50

Europe's Triple-Dip Recession Arrives: German Industrial Production Crashes Most Since February 2009

Yesterday it was German manufacturing orders which cratered 5.7% in August following a freak, 4.9% rebound in July, prompting Goldman to warn that "the underlying dynamic has weakened further at the end of Q3" ...

... And then a few hours ago we finally got undeniable confirmation that Europe is once again in recession, its third since Lehman, only this one is worse: it is led by the "core" countries, with Germany in the forefront, a Germany which just reported industrial output which suffered its biggest monthly decline in more than five years in August.

Oct 06 12:49

NATO Does Not Confirm Statement Attributed to Secretary General on Deploying Troops

North Atlantic Treaty Organization (NATO) has not confirmed that NATO's Secretary General told the Polish TVP Info TV Channel that the alliance can deploy its troops wherever it wants, a spokesperson for NATO told RIA Novosti Monday.

"We don't have a record of him saying that in English - and we're not responsible for the Polish interpretation of the live interview," a spokesperson said, adding that Stoltenberg was referring to NATO forces in general, "which of course can be deployed on the territory of the Alliance as Allies decide."

Oct 06 11:31

Ebola in Spain: Nurse infected in Madrid

A Spanish nurse who treated an Ebola victim in Madrid has contracted the virus herself in the first case of contagion outside Africa, health officials say.

The nurse tested positive for Ebola in two separate tests, according to reports.

Oct 06 09:42

Netanyahu slams Swedish counterpart over Palestine initiative

Israeli Prime Minister Benjamin Netanyahu has hit out on Sweden for a decision to recognize Palestine as a state.

Webmaster's Commentary: 

Oct 06 09:39

NATO can put troops wherever it wants, new secretary-general says

New NATO secretary-general Jens Stoltenberg said on Sunday that the Western alliance could deploy its forces wherever it wants, apparently calling into question post-Cold War agreements that have been shaken by Russia's actions in Crimea and Ukraine.

Stoltenberg was visiting NATO member Poland to reassure it that NATO would provide the protection it sought against its former communist master, Russia, which in recent months has annexed the Crimean Peninsula from Ukraine, and been accused by the West of sending troops and equipment to back pro-Russian rebels in eastern Ukraine.

Oct 06 09:03

Biden's Speech Might Backfire on Washington: Former Assistant Secretary of Treasury

Speech of the US Vice President Joe Biden can backfire on Washington, as it embarrasses the European Union members and demonstrates the US has intimidated them, Paul Craig Roberts, former Assistant Secretary of the Treasury, believes.

"One of the possible consequences is that his speech embarrasses European governments by showing that Europe is Washington's vassal," Roberts told RIA Novosti on Friday. "The other is that by pressing Europeans to act against their own interests, Washington might have been too much of a bully and hurt its future influence in Europe."

US Vice President said Thursday that the United States and US President Barack Obama, in particular, had forced the European Union members to "take economic hits to impose cost" on Russia.

Oct 04 06:24

Biden says US 'embarrassed' EU into sanctioning Russia over Ukraine

“We’ve given Putin a simple choice: Respect Ukraine’s sovereignty or face increasing consequences,” Biden told a gathering at the John F. Kennedy Jr. Forum at Harvard University's Institute of Politics on Thursday.

The consequences were the sanctions which the EU imposed on Russia, first targeting individual politicians and businessmen deemed responsible for the crisis in Ukraine, then switching to the energy, defense, and economic sectors.

“It is true they did not want to do that,” Biden admitted.

“It was America’s leadership and the president of the United States insisting, oft times almost having to embarrass Europe to stand up and take economic hits to impose costs,” the US vice president declared.

Oct 03 14:32

German Push to Accelerate Bank Bail-Ins Joined by Dutch

Germany, the Netherlands and Finland want to speed up European Union plans to force losses on senior bondholders of failing banks, three European government officials said.

The three AAA rated euro-area states last week called for regulators across the EU to gain so-called bail-in powers as soon as 2015, rather than in 2018 as currently proposed, said the officials, who declined to be identified because the talks are private. The European Central Bank has warned that 2018 is “far too far away” for the new rules, which seek to insulate taxpayers and the euro area’s firewall fund from rescue costs.

Oct 03 07:56

Sweden Will Recognize State of Palestine

Sweden’s new center-left government will recognize the state of Palestine in a move that will make it the first major European country to take the step, Prime Minister Stefan Lofven said on Friday.

Oct 01 11:34

Specter of Russian Capital Controls Puts Market on Edge

Holders of Russia’s ruble-denominated bonds, stung by the worst losses in emerging markets in the third quarter, are weighing the consequences of possible capital controls as the currency sinks.

“It would be very negative for your investments in the local currency,” Peter Schottmueller, who helps manage $17 billion as head of emerging-market fixed income at Deka Investment GmbH in Frankfurt, said by e-mail yesterday. Foreign ownership of ruble bonds has dropped and any curbs on capital flows would further “increase the investment risk,” he said.

Russia removed its last restrictions eight years ago after imposing them in 1998, when the ruble’s drop led to a default on sovereign local-currency debt. Implementing the curbs again risks further damaging President Vladimir Putin’s ambition of turning Moscow into a financial hub at a time when escalating U.S. and European Union sanctions over the Ukraine crisis are already limiting access to global capital markets.

Sep 30 10:04

Did The Winter War Just Begin? Russian Gas Supplies To Europe Plunge 15%, Ukraine Transit Slashed 54%

Just a week ago, the Russian energy minister made the first public 'threat' of gas supply "throttling" disruptions to Europe but judging by the data that has just been released, it appears the 'throttling' has begun. Bloomberg reports that Russian gas supplies to Europe fell 15% year-over-year in Q3 - the most in over two years - as natural gas transit through Ukraine plunged 54% year-over-year. In 2013, Gazprom sent 60% of its supply via Ukraine pipelines, in August that dropped to 39%, and in September only 34%. Of course, Europe remains confident its storage efforts will buffer any "Winter War" disruptions, as we noted here, but as Citi warned previously, "if colder weather arrives, storage levels will be drained," and then there is the Spring (and German industry needs).

Webmaster's Commentary: 

The corporate media is spinning this as an evil plot on the part of the Russians, but fails to mention that Kiev has not fully paid for the gas they get from Russia since the Junta and is arrears in the bill. Russia has every right to shut off the valves just as your gas company will do if you do not pay the bill.

Sep 30 09:21

Catalan separatists call street protests over referendum ruling

Just hours after the Constitutional Court accepted the government’s appeal of the Catalan referendum on self-rule, the northeastern Spanish region registered its first protests.

Around 300 people congregated in front of the government delegation in Barcelona to express support for the plebiscite, which is scheduled for November 9, and to condemn Madrid’s attempt to get it ruled illegal by a top Spanish court.

This early protest was the beginning of a series of region-wide demonstrations planned for Tuesday by a pro-independence group called National Catalan Assembly (ANC).

Sep 30 08:28

Dutch FM threatens sanctions against Israel

Foreign Minister Martin Lidegaard has threatened sanctions against Israel if the country doesn’t go along with the proposed terms in the peace talks taking place in Egypt this week.

In the talks, which will get underway in Cairo on Tuesday, Lidegaard wants to see Israel commit to ending its eight-year blockade of Gaza and stop its “illegal settlements”. The foreign minister is also calling on Hamas and other militant groups in Gaza to lay down their weapons.

If the talks fail to reach any long-term concessions from both sides, Lidegaard said that Denmark and the EU should adopt a tougher approach to Israel.

Sep 29 08:58

KRUGMAN: Mario Draghi Probably Can't Save Europe On His Own

In an interview, Paul Krugman explains why Mario Draghi — despite his recent stimulus measures — probably can't save Europe's economy on his own.

Webmaster's Commentary: 

Europe's economy (nor the US) cannot and will not be saved until people are ready to confront the fact that private central banks, which by design create more debt than money to pay that debt, are the cause of the problem.

Sep 29 07:17

Vaclav Klaus: the West’s lies about Russia are monstrous

Whatever we decide to call the current system, he adds, it clearly isn’t working for Europe. ‘I am really shocked to see leading EU and European politicians pretending that everything is OK, which is ridiculous and funny,’ Klaus says. ‘I recently read an article by a well-known German economist, Professor Sinn, who has studied the situation in Italy. He presented statistical data which showed that GDP in Italy has declined by 9 per cent since 2000. It’s unimaginable! I don’t think communist Czechoslovakia would have survived such a long-term decline. At the same time, industrial output declined in the same period by 25 per cent! One quarter of the economy simply disappeared.’

Sep 29 07:16

Nearly 600 U.S. soldiers with tanks to arrive in Poland, Baltics

Nearly 600 U.S. soldiers accompanied by tanks and other vehicles will arrive in Poland and the Baltic states at the weekend for military exercises, the Polish defence ministry said on Friday.

Sep 27 20:39

The Scots are Fallen; Bring On the Catalans!

The stanzas seem to vary but the leitmotif is oddly familiar: we suspect history is rhyming again. The Scottish rebellion by vote has failed, outmanouvered by limey crown rep Cameron who lulled them into a honey trap and beat them soundly with sweet nothings. The Yes camp put up a good fight but turned out to fatally naive in terms of how far the British crown was willing to go to secure the No majority, which should be pretty clear after three centuries of vassal status. The fact that the Yes camp didn’t insist on exit polls or have an observer at every table shows either they were expecting fair play or did not practice due diligence; either way a high price has been paid in realpolitiks currency. Dreadful shame, old chaps. Carry on now.

Sep 26 11:15

‘Our Western partners stuck with Cold War mentality’ - Lavrov

The security crisis in the European Union was not caused by the crisis in Ukraine, but the events in Ukraine reflect the contradictions within the Euro-Atlantic region, Russian Foreign Minister Sergey Lavrov told reporters at the UN.

Sep 25 11:38

No More Foreplay: Russia Threatens European Gas Supply Disruptions

It appears Vladimir Putin is willing to hit'em while they're down. Early European equity weakness (and safe-haven flows) on asset-freeze threats have accelerated as Bloomberg reports, Russian energy minister Alexander Novak threatens gas supply disruptions if the EU continues to re-export Russian gas to Ukraine.

Apr 05 12:16

Poland Announces Complete Ban on Monsanto’s Genetically Modified Maize

Anthony Gucciardi
Activist Post

Following the anti-Monsanto activism launched by nations like France and Hungary, Poland has announced that it will launch a complete ban on growing Monsanto’s genetically modified strain MON810.

The announcement, made by Agriculture Minister, Marek Sawicki, sets yet another international standard against Monsanto’s genetically modified creations...

Apr 05 07:18

IMF CRIMES Result in 77-Year Old Gov’t Pensioner Commiting Suicide In Town Square – In Response Greeks Riot

The 77-year old Greek man who ended his life in the Town Square on Wednesday left the blame squarely on the shoulders of the Bankers, which includes Goldman Sachs (Mario Monti, their agent atop the Greek government), the Rothschilds and their criminal organization the IMF. The man left a heart-wrenching suicide note which read in part:

“The government has annihilated any hope for my survival and I could not get any justice… I cannot find any other form of struggle except a dignified end before I have to start scrounging for food from the rubbish.”

Apr 05 06:25

Guenter Grass, German Nobel Winner, Criticizes Israel Over Iran Tensions

"The nuclear power Israel is endangering the already fragile world peace," Grass wrote in his poem titled:

"What must be said"

The 84-year-old Grass said he had been prompted to put pen to paper by Berlin's recent decision to sell Israel a submarine able to "send all-destroying warheads where the existence of a single nuclear bomb is unproven."

"The nuclear power Israel is endangering the already fragile world peace," he wrote. His poem specifically criticized Israel's "claim to the right of a first strike" against Iran.

Apr 05 04:51

Beggared by Banks: 'Greeks forced to kill themselves'


The recent suicide of a cash-strapped Greek pensioner is a sign of the dire situation Greece finds itself in. It can be solved only by extreme measures such as default and giving up the euro, believes financial advisor Patrick Young.

Apr 04 23:23

Surprise Video Changes Syria “Timeline”

Al Jazeera’s Shaping of the Syrian Story

Of all the myths obstructing the honest portrayal of events in Syria this past year, none has been more fiercely guarded by regime-change advocates than this one stark falsehood:

Myth – the Syrian regime has only been shooting unarmed, peaceful protestors until very recently when opposition groups finally decided to arm themselves in self-defense.

Apr 04 19:36

Britain’s Mad-House Foreign Policy

The best and cheapest way of protecting our national security is simply to eject the madmen from the Foreign Office and stop pimping for the US and its mad-dog protegé.

Let’s see how quickly the United Nations General Assembly (UNGA), with Mr Bellingham’s help, can get their skates on and straighten out the simple matter of Palestine’s status so that Israel’s strutting psychopaths can finally be brought to book.

Apr 04 19:11

In Defense of Helen Thomas: What’s Wrong With History?

Helen Thomas’s recent request to purchase a table at the upcoming White House Correspondents Association (WHCA) annual dinner has been rejected.

In a comment on that story I said, “It’s hard to imagine anything more wrong than this.”

I base my opinion on the fact that the 91-year-old Thomas, a former WHCA president, is unique among American journalists, having covered 10 different presidential administrations in a career stretching back to Dwight Eisenhower.

It is because of Thomas as much as anyone else that women were first included at the WHCA dinner since, as the WHCA’s website mentions:

Mar 13 16:58

European Commission Blames Social Networks For ACTA Failure; Worried About Its Imminent Directive On Copyright Enforcement

He noted that opposition had increased in the run-up to January’s planned vote in the US Congress on two legislative initiatives -- the Stop Online Piracy Act (SOPA) and the Protect Intellectual Property Act (PIPA) -- aimed at increasing the protection of intellectual property rights on the Internet; in the end the vote had not been held, following a hostile campaign by social networks and the loss of White House support.
It's interesting to see De Gucht linking the growing hostility to ACTA with the storm generated by SOPA/PIPA, and giving the credit for stopping those US bills to a "hostile campaign" waged by social networks. You can tell this really worries him, because he says something similar about social networks and ACTA immediately afterwards:

Feb 23 20:12

WALL STREET'S MORTGAGE-BACKED SECURITY FRAUD DESTROYED BOTH THE US AND EU ECONOMIES!

Deutsche Bank, a German lender, has sold the Fed more than $290 billion worth of mortgage securities, Fed data through July shows. Credit Suisse, a Swiss bank, sold the Fed more than $287 billion in mortgage bonds.

The data had previously been secret. It was released Wednesday per the recently-enacted law overhauling the federal financial regulation. The Fed, ferociously backed by the Obama administration, fought lawmakers' desire for full disclosure throughout the financial reform debate.

Webmaster's Commentary: 

BUMP BACK TO THE TOP

As detailed in "Bankers Gone Wild", mortgages were cranked out by unscrupulous mortgage brokers, then bundled together into mortgage securities, which were in turn re-sold to investors as triple-A investments, even though the bundles included sub-prime mortgages already defaulting as US jobs were shipped overseas.

These mortgage-backed securities are a Wall Street invention! And at first they appeared to be immensely profitable, so not only were US financial corporations, investment houses, and pension funds buying them, but so too were non financial corporations and major foreign banks including Deutsche Bank and Credit Suisse.

But those early profits were a fiction, and we now know that many of the sellers of mortgage backed securities were engaging in Ponzi scheme activity, using proceeds from sales of mortgage backed securities to pay "earnings" to earlier investors, while the same SEC that had turned a blind eye to Bernie Madoff's $65 billion swindle looked the other way!

Worse, we now know that individual mortgages were pledged as collateral to multiple security bundles, which is illegal! This is briefly mentioned at 3:48 in the next video.

The criminal fraud even went further than that! In the case of Countrywide (now part of Bank of America) the actual titles were never really transferred, leaving the investment bundles entirely unsecured!

What appears to have happened is that the European banks realized that the American investment firms selling those mortgage-backed securities were engaging in fraud! Greenspan has admitted to such.

As the banks of Europe began to feel the major losses from the fraud, they turned to their local governments for financial assistance. In turn, those governments were forced to apply for loans from the International Monetary Fund, plunging their people deeper into debt, and the governments under the control of the private bankers! Indeed one must wonder if this multinational financial fraud had as its ultimate objective the forcing of the entire western world under the control of a giant private bank!.

Obviously, the people of Europe are refusing to be chained to a global bank and seem far more worried about their freedoms than their American counterparts. Yet a quick Google search shows the media encouraging the nations hit with this massive financial fraud to apply to the IMF for more loans, never mentioning that in their indebtedness lies the end of their national sovereignty!

Ultimately the European banks are never going to sit still for fraud, even from Wall Street, and even from the USA! In order to reduce their losses and avoid more IMF entanglements, the European banks demanded a refund on those fraudulent investment packages. No doubt the Wall Street mortgage fraudsters refused, suggesting that the bankers of Europe dump their losses on their populations just as the American banks were being forced to do. That some European banks did so explains why so many European nations are in financial trouble. However, the larger European banks may have decided to "get tough" with the Americans, and this may explain the mysterious electronic run on the US financial system on September 18th, 2008, which almost crashed the US economy. Strangely, the American people were never informed who had initiated the financial transfers, even though obviously this information is recorded in the transactions on the computer systems.

This "attack" may have been a warning from the European main banks to the US to make good on the bad investments, or risk full public exposure for the mortgage backed securities fraud!

Soon after, we learned that the Federal Reserve was handing out trillions and trillions of dollars, loans which the American people are expected to repay, only the Federal Reserve refused to say who was getting the money, and even implied that exposure of the recipients of these trillions of dollars might pose a threat to the US economy. Now, nearly two years later, we find out that the Federal Reserve was buying back the mortgage-backed securities from European banks including Deutsche Bank and Credit Suiss. The reason this was kept secret was that the American people were being told that all these "bailouts" would be repaid, yet common sense tells us that profit cannot be made from an exposed fraud! The Fed could not admit to owning all those mortage-backed securities without being forced to answer the question of just exactly why they were not producing any earnings, with the usual "it was all the borrowers' fault" excuses wearing thin even then! As cash left the nations financial system to cover the repurchase of the fraudulent mortgage backed securities, banks found their balance sheets slipping into the red. The banks were being driven into insolvency making good on the bad paper and this is what triggered the epidemic of fraudulent foreclosures. Banks needed real assets on their balance sheets as quickly as they could to get their balance in the black and their banks out of insolvency. So shortcuts were taken which became known as "foreclosuregate". For some banks, it was too late. Hundreds of banks either dragged down by the fraudulent mortgage securities or made insolvent buying back the bad paper, have been shut down. For other major banks and financial institutions, the tactic worked and they stayed afloat, for which making millions of Americans homeless seemed a small price to pay! Indeed one might explain the hitherto unexplained reluctance by the Federal Government to stem the offshoring of American jobs as a deliberate policy of setting up Americans to lose their homes in order to preserve the capital structure of the banks!

In other words, the American people were looted to make good on the fraud perpetrated by Wall Street not only against American financial institutions, but bankers in the Eurozone as well.

The Wall Street Fraudsters should have gone to jail. But they walk free and clear, saved from the FDIC and prison, heading into a wonderful holiday with record-setting bonuses to spend while ordinary Americans have been made jobless, homeless, and hungry to keep the criminals out of prison.

The Mortgage Backed Securities fraud is the biggest fraud in the history of the United States, and as today's revelations make clear, we still do not know the full scale of the financial rape this nation has suffered.

Jan 16 11:22

Cruise disaster: Perfect storm of events caused Costa Concordia crash

The first official inquiry into how one of the world’s most modern and best-equipped cruise liners could capsize began last night as the Italian coastguard recovered the Costa Concordia’s “black box”.

Jan 16 10:33

Timing the End of German Chancellor Angela Merkel and French President Nicolas Sarkozy

Neither German Chancellor Angela Merkel nor French President Nicolas Sarkozy is likely to survive the European sovereign debt crisis.

The timing of the demise of Sarkozy is easy to predict. Polls suggest he will be not win the May 6 election and he might not even survive the first round of voting on April 22

Jan 15 08:34

Hungarians hold anti-EU demonstration

Thousands of Hungarians have protested against the European Union, urging their country to pull out from the bloc while Budapest seeks EU's backing to evade insolvency.

Oct 20 15:17

Sedan again as Germany imposes terms

There is an "unequivocal commitment" that haircuts will be confined to Greece alone. If you believe that, I have some ocean-front property to sell you in Alsace.

Fresh details soon.

Oct 20 15:14

EU Considers Temporary Bans on Sovereign Ratings

The European Commission is leaning toward proposing a ban on the issuing of sovereign credit ratings for countries in bailout talks, a top official said on Thursday.

Webmaster's Commentary: 

Basically, this is like asking for a credit card but refusing to turn over your credit scores, and the EU us not doing this because the numbers are good!

Apr 18 19:31

FLASHBACK - The Hackett Group: Acceleration of Offshoring Trend Driving Loss of Millions of Finance and IT Jobs in U.S. and Europe

There's no end in sight for the jobless recovery in business functions such as corporate finance and IT, in large part due to the accelerated movement of work to India and other offshore locations, according to new research from The Hackett Group, Inc. (NASDAQ: HCKT). The dramatic job losses seen by U.S. and European companies in 2008 and 2009 are expected to continue through 2014, according to The Hackett Group.

Webmaster's Commentary: 

The US Government took your jobs, so that the bankers could take your homes, and make you think it was all your own fault! Here we are in 2011 with a 46% employment rate and a 60 year low in tax revenues while the government scratches their head, wonders what the hell happened, and goes right back to showering money all over Wall Street, Israel, and the Military-Security-Industrial complex.!

Dec 11 10:48

White House Intensifies Military Buildup In Poland

Immediately on the heels of reports in the Guardian and other Western news media that the U.S.-led North Atlantic Treaty Organization has crafted a strategy to intervene with nine army divisions in the Baltic Sea area, President Barack Obama met with his Polish counterpart Bronislaw Komorowski at the White House and confirmed plans to increase U.S. military hardware and troops in the latter’s country.

The two heads of state agreed on expanding bilateral military relations "in the spirit of the 2008 U.S.-Polish Declaration on Strategic Cooperation," [1] including the stationing of 16 U.S. F-16 jet fighters and four C-130 Hercules military transport planes on Polish air bases beginning in 2013.

Webmaster's Commentary: 

Russia cannot possibly be pleased with these developments, and these actions on the ground by the US in Poland cannot be interpreted as peaceful toward Russia.

Dec 11 10:23

Crisis of the European Monetary System: The Euro Zone is on the Edge of Collapse

The bailout packages arranged for Greece and Ireland are not to bail out those two countries, but to bail out the European banks that lent to them and bought their bonds when it was imprudent to do so. The IMF has its nose under the blanket. It will lend and participate, so that it can serve its masters by keeping these wayward states completely in austerity and bondage for the next 50 years and in that process relieve them of their sovereignty. As all of Europe belatedly understands, one interest rate can never fit all.

Dec 10 08:39

FORMER EUROPEAN LEADERS: SANCTION ISRAEL OVER SETTLEMENT BUILDING

6 former top EU officials, including ex EU chief Solana and former German President Richard von Weizsacker, urge world powers to confront Jerusalem over its refusal to obey international law.

Dec 10 07:51

BAILED-OUT IRISH BANKERS GET £34M BONUS

FURY was mounting last night as it emerged that Irish bankers will pocket multi-million pound bonuses after being bailed out by British taxpayers.

Dec 10 07:20

Anarchy in UK: Video of Prince Charles's car bottled in London's protests

Total Kudos to RT for this footage :)

Dec 10 07:18

'They were lucky not to be shot': Police chief says armed officers showed 'enormous restraint' as mob attacked Charles and Camilla

http://www.dailymail.co.uk/news/article-1337088/ROYAL-CAR-ATTACK-Mob-a...

* Prince's Rolls Royce set upon on way to Palladium
* Camilla cowers in fear as car is hit with paint bombs
* Met chief hails armed officers 'restraint' during attack
* Scotland Yard to hold major inquiry into security lapse
* Cameron: Rioters must be arrested and punished
* Anarchists boast of success and plan more disruption
* Student has surgery for blood clot on brain after riot

Met chief Sir Paul Stephenson today mounted an extraordinary defence of armed protection officers after the worst Royal security blunder in a generation.

Dec 09 20:38

Ireland proposes 90% bank bonus tax

Irish Finance Minister Brian Lenihan said on Thursday he would impose a 90 per cent tax on bankers’ bonuses, in a move to try to silence critics who have said the banking sector drove Ireland into the ground.

“As far as the future is concerned I do propose to introduce the amendment to the finance bill to put this matter beyond any doubt and provide a high rate, a 90 per cent rate of charge on any ... bankers’ bonuses,” Mr. Lenihan told local radio.

n/a
Dec 08 12:09

Sentenced to Debt: 'EU bosses, not people must pay for Euro Fail'

RT interview ends with Ron Paul interview preview!!

Dec 08 09:13

Hapless Eurozone Emergency Meetings on How Big To Make New Bail-Out Funding? It Won't Matter!

In reality, discussions about "bailout" and "reassuring markets" are exercises in farce. Despite all the quacking, supposedly to calm the "bond markets," the bailout approach guarantees doom. Only financial reorganization through the Glass-Steagall principle can work.

Dec 08 08:33

Italian cuts spark fight at the opera for La Scala

Scuffles have erupted outside Italy's famous La Scala opera house in Milan during a protest against proposed funding cuts to the arts and education.

Opera house workers from across Italy were rallying peacefully ahead of a protest speech by conductor Daniel Barenboim when trouble broke out.

Students clashed with police wielding truncheons and using teargas, and 14 officers suffered minor injuries.

The audience inside applauded Barenboim for his impassioned defence of culture.

Webmaster's Commentary: 

The globalists wanted global government and global economy, and to get it, they needed global poverty. But now the plan is understood by the people of the world, and the plotters may just have set the stage for a truly global revolution.

Every half century or so, it seems the world is cursed with a few individuals who want to stand atop a pyramid built to their own glory and scream how they are the rulers of the world, and that no sacrifice of other peoples' lives and money is too great a price to pay for the attainment of that dream. It is happening again right now with a clique of sociopaths who want to bring about a global government through lies, deceptions, and enforced mass poverty, because they believe that whatever gods they sacrifice to want the world to be that way. Such true believers will never admit they are wrong, indeed history shows they cannot ever admit they are wrong, and the long train of revolutions stretching back to the dawn of time illustrates just what happens when such fanatical self-indulgence meets the real world.

Dec 08 08:22

IMF chief due in Athens, protests planned

Webmaster's Commentary: 

πίσσα και πούπουλα

Dec 08 08:20

Transport strike brings Athens to halt

Public transport has come to a halt in Athens as union workers slap the Greek capital with crippling strikes in protest to the government's austerity measures.

Dec 08 04:45

France 'will recognize' Palestinian state

France has declared that it will recognize a free and independent Palestinian state based on borders before the 1967 war, becoming the first European nation to do so.

Dec 08 00:47

A DISGRACE : BRITISH MINISTERS DISCREDIT RULE OF LAW

The UK, like all other countries that think themselves civilized, is under an obligation to enact legislation.
If that is not done then double standards become very manifest;

By Stuart Littlewood

Professor Richard Falk put it most eloquently:

“The idea of Nuremberg after World War Two was that crimes against the peace, crimes against humanity and war crimes are also offenses against the whole of international society…”

Dec 07 20:23

ALAN SABROSKY : WIKILEAKS REPRISED — A WHIFF OF…WHAT?

From what the press is reporting about this Wikileaks “dump,” perhaps 10% are Secret or Confidential, the rest Unclassified, and nothing is Top Secret or above.

The one striking exception in all of this global tour de farce is the Middle East. Certainly, even aside from Wikileaks founder Julian Assange’s fulsome praise of Binyamin Netanyahu, what is said and what is not represent the message Israel and its partisans in the US Government (itself heavily Zionist and “Israel First” in orientation) want the world to hear, believe and accept. The message coming across in the US diplomatic cables could have been designed and drafted by Avigdor Lieberman, and who knows? It may have been….

Dec 07 20:23

Jim Rogers: 'Britain is totally insolvent'

http://www.thisismoney.co.uk/news/article.html?in_article_id=519495&in...

US speculator Jim Rogers is known for his outspoken views but today went further than usual suggesting Britain is 'totally insolvent'.

In an interview on business TV channel CNBC, Rogers, who made his name making millions while partnered with legendary financier George Soros, suggested Britain was the true sick man of Europe.

He said: 'Greece is insolvent, Portugal has a liquidity problem, Spain has a liquidity problem, Belgium has been cooking the books for a long time, Italy has been cooking the books for a long time and the UK is totally insolvent.'

Dec 07 17:11

Irish lawmakers offer initial OK for brutal budget

Shawn Pogatchnik
Associated Press

DUBLIN (AP) -- Lawmakers narrowly approved tax hikes as part of Ireland's most brutal budget in history, a euro6 billion ($8 billion) slash-and-tax plan imposed as a key condition of the nation's international bailout . . .

Dec 07 12:30

Irish people owe nothing to banks & billionaires - refuse to pay now!

Ireland faces the most severe welfare cuts and tax hikes in its history - the high price it has to pay for receiving an international bailout. The budget is about to face a parliamentary vote, with protesters gathered outside the Parliament building. But Socialist Party MEP, Joe Higgins believes the Irish financial system is already broken beyond repair.

Dec 07 11:17

Rage Against Cash Machine: Bank Run Day take-away to trash financial terror?

French bankers have a nervous day ahead. They're waiting to see whether a campaign calling on depositors to withdraw all their money will really catch on. It's been organized by a former French football star against what he calls the 'corrupt and criminal' financial system.

Dec 07 09:44

Cantona's call for run on the banks causes French alarm

FRENCH ministers and bankers have issued warnings that an appeal by Eric Cantona, the former Manchester United footballer, for people to withdraw all their money from banks could propel France into economic chaos.

Webmaster's Commentary: 

It is already in chaos, because a private central bank issuing the public currency at interest is a pyramid scheme that eventually must collapse. The chaos we see is not the fault of the people, who have an inherent right to withdraw their money from the banks any time they wish. The chaos is the fault of the bankers who profit from the pyramid, then when it collapses, demand the people pay for the bankers' failure.

Dec 07 09:41

BoI phone, online and ATM services disrupted by technical fault

Bank of Ireland customers are being affected by a technical fault, which is disrupting access to the bank's telephone and online services.

There is also a restricted cash service at the bank's ATMs.

Webmaster's Commentary: 

A GOOD DOSE OF IRISH BLARNEY!
ATM machines are either working or not working due to technical issues. If they are limiting cash withdrawals it is because they are terrified that Eric Cantona's call for a "Bank Out" protest will reach Ireland. So we get a huge double-shot of 100% Irish Banker-Blarney to explain why the Irish People are not allowed to get their own money back from the bank.

Dec 07 09:37

Bank of Ireland's cash systems limited by "technical glitch" just in time for Europe "Bank Out" protest!

Bank of Ireland confirms that an unforeseen technical issue has impacted some of our operating systems this morning and our telephone and online banking services are currently unavailable. However, all branches are open and operating as normal but with a temporary restricted cash service.

Webmaster's Commentary: 

BLARNEY!

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Dec 07 08:52

FLASHBACK - French Letter Revolution on December 7 2010

I have few means and I cannot participate in this spontaneous and peaceful citizen initiative while depriving you of the my finances, but know that to count of this day some citizens decided to take their destinies in hand while withdrawing their liquidités, by closing their current accounts and save of your damned private banks, one knows it, under the stateless and selfish yoke of an elite.

This first act will be can be marginal, but it will amplify himself. The citizen that I am desires that the transmission of the change no longer is under "checks" private but comes back to the nation, sovereign, that she rediscovers the essential and basic right the transmission of his changes and of the "management" his inflation…

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Dec 06 11:50

The choice is made: banks over people

Banks are really what this is about; it's the reason for the Irish bailout and bilateral assistance from the UK (and non Eurozone countries Sweden and Denmark, who have also chipped in). The banks cannot be allowed to fail, if they do a catastrophe of Biblical proportions will be unleashed. But in doing this, the citizens are to suffer; society can crumble, but the banks must be steadfast. “The purpose of the external financial support is to return our economy to sustainable growth and to ensure that we have a properly functioning healthy banking system”, an Irish government statement read. They made the choice; of the total bailout fund, €35 billion will go towards bank recapitalisation.

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Dec 06 04:47

GORDON DUFF: “AIPAC ORDERED BUSH TO ATTACK IRAN”

A LOOK BEHIND THE CURTAIN

In a unique interview with an official at the highest policy levels of the Pentagon, White House and, eventually, CIA, we are offered a unique “behind the curtains” look at areas of policy making during the period between 1999 and 2007. Extensive notes have been taken of meetings with President Bush and all his top policy advisers. This is only a teaser.

A highly placed source within the White House and CIA confirmed, in an interview, that the invasion of Iran was scheduled for 2006 but planned in 1999. We have heard some of this before but not with so many pieces and, I am told, more to come.

Dec 06 04:40

WAYNE MADSEN : THE ISRAELI LOBBY OWNS THE CONGRESS, HOLLYWOOD AND THE WHITEHOUSE

INTERVIEW BY KOUROSH ZIABARI

Kourosh Ziabari: There are many unanswered questions regarding the catastrophic attacks of September 11, 2001 about which you’ve written extensively. Several investigative journalists believe that the attacks were an inside job planned by the FBI and perpetrated by Israel or elements connected to Mossad. Former Italian President Francesco Cossiga has categorically expressed that the 9/11 attacks were a joint operation of FBI and Mossad. General Hamid Gul, the former head of Pakistan’s Intelligence Service believes that Israel was behind the attacks, too. What’s your estimation of these theories, their veracity and reliability? Is it demonstrable that the 9/11 attacks were a false flag operation or an inside job?

Dec 05 16:34

WIKILEAKS EXPOSES ISRAELI MAFIA’S GROWING INFLUENCE

Cable reveals Mafia-government connection — But US media don’t care to dig for the story

By Justin Raimondo

I love how the pundits are yawning over the latest WikiLeaks revelations: oh, there’s nothing to see here, it’s all so boring, no “smoking gun,” so let’s just move right along. These people are just plain lazy: they want “scoops” delivered to their front doors, all neatly packaged and labeled as such. In short, they don’t want to have to do any work, beyond the usual cut-and-paste. Which is why a lot of the really juicy stuff coming out of WikiLeaks continues to elude them.

Dec 05 07:41

PAUL BALLES : CHICKENS COME HOME TO ROOST

Why is the American public generally unaware of Israel’s theft of U S military secrets?

The Western media adamantly refuses to report anything critical of Israel.

Gordon Duff, Senior Editor at Veterans Today, observed that “America learned, long ago with the infamous Jonathan Pollard case, that secrets going to Israel end up in the hands of America’s enemies.”

According to Duff, “America’s most vital Cold War defence information, nuclear technology, air defence systems, classified weapons and even NATO defence plans in case of a Soviet invasion of Western Europe, all went to Russia as part of an arrangement between the Soviets and Israel. Pollard is doing life in prison for this.”

Dec 05 07:24

RICHARD FALK : Ahmet Davutoglu — Turkey’s Foreign Minister

Given the flow of recent events I felt it might be helpful to make my appreciation of Davutoglu’s approach and achievements available to an American voice.

Over a year ago I published a short profile of the Turkish Foreign Minister, Ahmet Davutoglu, in the Turkish daily newspaper, The New Zaman. After the May 31, 2010 flortilla incident involving an Israeli attack on the Freedom Flotilla led by the Turkish passenger ship, Mavi Marmara, Mr. Davutoglu demanded an apology from Israel as the basis for the restoration of normal relations. Along with other Turkish leaders, Davutoglu questioned the Israeli narrative and criticized Israel for its brutal tactics that defied international law and morality.

Dec 04 08:50

DR. LAWRENCE DAVIDSON: ON THE HISTORICAL NECESSITY OF WIKILEAKS

“But what about democracies? Well, the truth is that they too are run by political and economic elites whose interests are rarely the same as the general public. That is why, when the government uses the term “national interest,” one should always be suspicious’....by Dr. Lawrence Davidson

Dec 04 03:11

FRANKLIN LAMB : BELLEMARE’S STL ‘PROCEDURAL’ PROBLEMS

Indict, Quit and Blame the system!

Based on phone and internet discussions with international lawyers at the London School of Economics, the International Court of Justice in the Hague, and colleagues who work in the area of Public International Law an emerging consensus is developing concerning perhaps fatal procedural issues that continue to arise at the STL. Such problems, which make it unlikely that the Hariri Assassination case will ever go to trial. Some international lawyers who have worked on international tribunals, are familiar with Rules of Procedures at the ICJ and the ICC and are following the STL are increasingly concluding that there will not be a Trial.

Franklin Lamb’s Saturday Mideast Report –- Al Manar
PRESS TV — ‘Tribunal is Israel’s 6th war on Lebanon’

Dec 04 00:25

WIKILEAKS SHOCKER: Did Abbas know in advance about the devastating blitz on his countrymen in Gaza?

By Stuart Littlewood

One of the most grotesque Wikileaks revelations so far is the disclosure that Palestinian top dog (Fatah section), Mahmoud Abbas, was told in advance about the murderous assault on his countrymen in Gaza two years ago.

Some claim that the Wikileaks reye-openers are a ‘dirty tricks’ operation by people with a large axe to grind. It is certainly odd that ‘evidence’ is selected to portray Arab states as eager to see Iran zapped for an unproven nuclear threat when, actually, the Middle East is far more anxious about the very real and present nuclear threat from Israel.

Dec 04 00:22

JEFF GATES: WIKILEAKS AND THE SOUND OF SILENCE

The facts suggest that WikiLeaks is less about the right to know than the right to deceive.

Jeff Gates

The scope and scale of WikiLeaks is a marvel to behold. Some praise it as the ultimate form of democracy. Others as the epitome of the most sacred of liberty’s principles: the right to know.

Yet the real story here is not what’s revealed but what’s withheld. The marvel is not what we now know but what is already known that is left unsaid. And what is given an interpretive spin by those newspapers granted priority access.

Dec 03 00:52

Press TV's with Max Keiser, FED balance sheet is "Destabilising"

*Banking system is broken
*Social unrest will continue
*Wealth goes to the top 1%, they're not creating jobs
*FED balance sheet is "Destabilising"
*How bad can it get?
*Next 6-9 months the backlash will start

Dec 03 00:42

Keiser Report 100: Centurion Nails Bankster’s Coffin

This time Max Keiser and co-host Stacy Herbert look at Crash JP Morgan Buy Silver video contributors being mobbed by fans after appearing on the Keiser Report. We also look at the scandals of Hillary Clinton stealing credit card numbers and senior bondholders taking no haircut. In the second half of the show, Max Keiser talks to Gonzalo Lira about the Irish debt crisis.

Dec 02 19:23

US Dollar rises: Thanks a bunch Europe!


Critics who worried that QE2 would crush the dollar have been silenced.

Not that we should create glory out of a very bad global situation , (*but we are really living large now , aren't we , gang ? )

Dec 02 18:42

Europe’s hidden billions:

Europe’s hidden billions: Cohesion for a reason

Dec 02 18:12

How to resign from the club

Breaking up the euro area
How to resign from the club
The barriers to leaving are high but could still be crawled over by a country determined to leave

The idea of breaking up the currency zone raises at least three questions. First, why would a country choose to leave? Second, how would a country manage the switch to a new currency? Third—and perhaps most important—would leavers be better off outside the euro than inside it?

The main reason why a country might choose to leave the euro is to regain the monetary independence it sacrificed on joining and to set monetary policy to suit its own economic conditions.

Dec 02 10:55

IRELAND: Does 'Protocol 20' sound familiar?

How much coincidence can intelligence reasonably bear?

Read below and ask yourself......Is it not clear that Ireland's 'venal ministers' (verse 33) have sacrificed their country on an altar of destruction?

Is it not also clear that this is the fate intended for all nations in order to bring us under the absolute control of some single authority?

You can guess the nature of that 'authority' for yourself.

Here are some extracts from just one chapter of 'the Protocols of Zion'.

Protocols of Zion, Chapter 20

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Dec 02 09:16

UK banks borrowed more than $1 trillion from US Federal Reserve

British banks borrowed more than $1 trillion (£640bn) from the Federal Reserve during the financial crisis, led by Barclays following its swoop on the US business of Lehman Brothers.

The disclosures came because the Dodd-Frank Wall Street Reform Act forced the Fed to reveal which banks and companies it lent money to in an effort to shore up the financial system from the end of December 2007 onwards.

Dec 02 09:03

Economic Hitmen Strike Again: Spain Planning to Privatize Airports

MADRID -(Dow Jones)- The Spanish government plans to privatize the country's top two airports, as part of a series of measures seeking to jumpstart anemic economic growth, Prime Minister Jose Luis Rodriguez Zapatero said Wednesday.

Zapatero told legislators in Parliament that Madrid's Barajas and Barcelona's El Prat airports will be run by private operators under a licensing, or concession system. Both airports have been recently remodeled and expanded to absorb increased passenger traffic in coming years.

Dec 02 08:55

Students Occupy Colosseum, Mole Antonelliana and Leaning Tower of Pisa

Police clashed with demonstrators in Florence as protesting students stormed the Colosseum, the Mole Antonelliana and the Leaning Tower of Pisa. Up and down Italy, another day of protests against university reform came to an end after a government defeat in the Chamber of Deputies over a Future and Liberty (FLI) amendment. The final vote has been postponed until Tuesday 30.

Webmaster's Commentary: 

Good for the Italians!

Dec 02 08:00

The Fed has been Busted - EU mortage security buy-back scandal goes viral!

Dec 01 23:16

THE UNITED STATES HAS LONG SUPPORTED BRUTAL REGIMES AROUND THE WORLD: PROF. ROBERT JENSEN

There is nothing unusual about the U.S. government backing nations that engage in crimes and abuses of power; the United States has long supported corrupt and brutal regimes around the world. U.S. policymakers don’t make decisions based on humanitarian grounds. They want to extend and deepen, or at least maintain U.S. power, and those policymakers believe Israel is useful in that regard......Prof. Robert Jensen

Dec 01 18:07

Kiruna, Northern Sweden: The Town That Moved

Kiruna: The Town That Moved

This January, Sweden's northernmost town of Kiruna, 145 kilometres (90 USA Miles) into the Artic Circle has decided to move itself 4km in order to save itself from sinking into cracks created by the worlds largest iron ore mine. Kiruna grew thanks to the mine but the industry that created the town threatened to eventually consume it.

Most houses in the affected area will be loaded onto large trailers and driven to a new location nearby.
Moving the city hall, however, may require more effort.

http://www.strangeharvest.com/mt/archive/the_harvest/kiruna_the_town.php

Dec 01 12:04

ZBIGNIEW BRZEZINSKI : WHO IS REALLY LEAKING TO WIKILEAKS?

Judy Woodruff speaks to former national security advisers Zbigniew Brzezinski and Stephen Hadley about the impact of the release of confidential diplomatic documents by WikiLeaks.

Zbigniew Brzezinski doesn’t think all the leaked information coming out of Wikileaks is a result of Army PFC Bradley Manning, as a matter of fact he suspects a foreign intelligence service may be providing the more embarrassing leaks.

Dec 01 11:56

Europe Falls Toward Enlightenment?

Conclusion: Is history in fact repeating itself? Is it retracing, in a sense, the events to which the Gutenberg press seems to have given rise: the Renaissance, the Reformation and even the populating of the New World? In Iceland, they are writing that tortured country's first constitution; we have a feeling it will be far more radical than the one the EU tried (and failed) to pass. In Britain, Ireland and Greece, students and union workers take to the streets to show their dissatisfaction with the "austerity" that the Euro-elites are trying with increasing desperation to establish. In the dank bowels of the EU parliament itself, UK's UKIP leader Nigel Farage – a dapper man now quite recovered from his unfortunate, private plane crash – rises and speaks to the assembled Eurocrats:

Dec 01 10:10

Nigel Farage: Euro Empire Collapsing, Bailout River Dry

9.45 min with Nigel Farrage, on debts in Ireland, collapse of various countries, the scale of the problem.

Dec 01 08:10

Euro crisis worries spread, U.S. to send envoy

Global concern about the debt crisis rocking the euro zone mounted on Wednesday, with Washington sending a top U.S. Treasury envoy to Europe and G20 officials discussing the turmoil in a conference call.

Webmaster's Commentary: 

"So, what you are telling me is that you don't have a few trillion you could loan us, is that it?" -- Official White Horse Souse

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Nov 30 09:59

THOUGHTS ON GERMANY AND PALESTINE

In visiting Germany one cannot help but reflect on history. The thoughts are transported to periods before I was born, periods in history and facts I have read and verified and contrast it with myths that are taught daily to unsuspecting publics. Germany lives in the modern presence but the mist of a heavy and dark past moves all around sometimes getting thick and blurring visions. Some people pump such smoke trying to convince Germans and themselves that this is that mist emanating from a relevant past. We think and speak of how best to explain to Germans that guilt feelings are misdirected. How do we explain the Nazi-Zionist collaborations and the horrors that happened because of a misunderstanding of what really happened nearly seven decades ago (2).

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Nov 30 07:30

Ireland is Bankrupt...a letter from an Irish citizen

A letter sent from Ireland (updated):

For less than what the US spent to save AIG, a corporation, with relatively easy terms; a country sinks below the financial waves. TBTF reaches across the ocean. As posted by Zeus-boy, his comments on his homeland of Ireland.

Ireland is Bankrupt

Nov 30 06:57

IMF and EU Hammer Ireland: "We're all Screwed"

This is nothing but extortion. If Ireland wants to put its banks on solid footing, there's a way to do it that doesn't involve years of debt-slavery for its people. The government can underwrite the banks with a €10 billion loan from the Pension Reserve Fund that will guarantee deposits while the banks are nationalized and restructured. It is an excruciating process, but it's been done many times before. Ireland does not have to accept indentured servitude if it chooses not to.

And why would the government even consider paying an interest rate of 5.8% per annum? Interest rates should be the same as they are for the banks; 1 percent. Should a sovereign nation get a worse interest rate than a crooked banker who ripped off millions of investors?

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