Member Submitted News | WHAT REALLY HAPPENED

Member Submitted News

Oct 20 00:41

End of Liberty Trailer

Oct 20 00:38

US Dollar : It is later than you think

At least if you are the worlds reserve currency. Might I add that people will sell off a devaluing currency proportional not to have devalued it becomes this instant, but proportional to how devalued people thinks it will become. And if enough people think it will become devalued enough, it will be even more devalued.

Here is the firestorm you should fear :

Stage #1 : International selloff (already started)

Stage #2 : Domestic inflation (fire ignited)

Stage #3 : Domestic selloff (fire takes hold)

Stage #4 : Political posturing, continued selloff (fire rages uncontrollably)

Stage #5 : Panic, disorder, foreign purchases of huge chunks of capital resources (fire consuming at a steady, devestating pace)

Oct 19 23:55

Fortune Writer Steps Up for the Banks

I criticized some journalists the other day for perpetuating the silly bank spin that the foreclosure fraud scandal is a mere paperwork problem or ultimately borrowers’ fault for defaulting in such enormous numbers.

But Duff McDonald has about as pure an apology for the banks as we’ve seen yet. It’s a poorly reasoned argument. And it’s in Fortune, naturally.

We get a full dose of blame-the-borrowers big time—and in the lede:

Before we take the entire banking industry to task on the foreclosure mess, it bears reminding that the source of the problem is people who bought homes they couldn’t afford. Let’s blame them, too.

Oct 19 23:42

If Voluntary Moratoria Mean Banks Are Solving the Problem, What about Wells Fargo?

One of Obama’s signature traits is conceding on the most critical issues at the start of any negotiation, thereby preventing him from crafting a really useful deal. I fear the Administration is about to do the same with foreclosure fraud, too.

Oct 19 23:40

Interactive Brokers' Peterffy Lashes Out Against The Broken Market, As Nanex Conclusively Proves HFT's Were Cause For Flash Crash

"It is not so much anymore that the public does not trust their brokers. They do not trust the markets, the exchanges, or the regulators either. And why should they, given our showing in the past few years?

Who cares what will happen in the future? Obviously not the banks, for whom each and every day of continued existence is a taxpayer-funded gift from god, or in this case Bernanke and the administration, which allows them to pay another batch of record bonuses for a catastrophe well done. They know the game is over, and it is now just a matter of when. If they can get paid one or two bonuses in the meantime, so much better.

Oct 19 23:28

“BuildingWhat?” - What is Building 7?

What is “BuildingWhat?”

More than eight years after the tragedy of September 11, 2001, New York Supreme Court Justice Edward H. Lehner was hearing arguments in a courtroom less than a mile from Ground Zero about a ballot initiative to launch a new investigation of the 9/11 attacks. When the lawyer for the plaintiffs sponsoring the initiative explained that the 9/11 Commission report left many unanswered questions, including “Why did Building 7 come down,” the Judge replied quizzically, “Building what?”

Oct 19 22:45

Former surgeon general calls for marijuana legalization

Former U.S. Surgeon General Joycelyn Elders told CNN Sunday she supports legalizing marijuana.

The trend-setting state of California is voting next month on a ballot initiative to legalize pot, also known as Proposition 19. The measure would legalize recreational use in the state, though federal officials have said they would continue to enforce drug laws in California if the initiative is approved.

"What I think is horrible about all of this, is that we criminalize young people. And we use so many of our excellent resources ... for things that aren't really causing any problems," said Elders. "It's not a toxic substance."

Oct 19 22:38

Israeli lottery Draws the Same Six Numbers as 3 Weeks Ago– A one in Four Trillion chance.

It didn't take long for some viewers to notice that these numbers were exactly the same as those drawn in the September 21st draw.

Yitzhak Melechson, a professor of statistics at the University of Tel Aviv, said that the incident of six numbers repeating themselves within a month is an event of once in 10,000 years.

Oct 19 21:06

It Was Like a “COVERT OPERATION” Trying To Remove Oil From Beach says Cleanup Worker

It was like a covert operation. This is no laughing matter. BP actually ordered their cleanup workers to NOT wear protection while cleaning up toxic chemicals. Essentially, the people of the Gulf have been used as human guinea pigs.

Staged photo ops, covert operations, and the poisoning of the gulf.

Oct 19 21:04

Nicolas Sarkozy Calls For Calm As French Pension Protests Gather Pace

Cars burned, shop windows smashed and 4,000 petrol stations ‘awaiting supplies’ on sixth day of French protests

Strikes gathering pace against Nicolas Sarkozy‘s pension reforms appeared to be pushing France closer to crisis today as fuel shortages were felt across the country and violence erupted on the sidelines of protests by children.

Oct 19 20:41

Only the Lawyers Will Win. Unless..................

This whole period of boom, bubble, and lie about quality of loan is calling into question legal title to thousands of American homes, with the likelihood that even those making housing payments successfully may NOT have legal title to their house, if legal title is not provable. This suggests they too would be better off defaulting, walking away. -Michael Clark

There are Title Theory States and Lien Theory States.

In cases where the bank holds the Title, there might be the problem you point out. In Lien Theory, the owner holds the title unless the lender can prove lien rights. Then of course there are Intermediate theory, and Deed of Trust States........-Lower98th

Oct 19 17:32

CIA paid Liverpool buyout tycoon use his jet for 'torture' flights

Sharon Churcher and Chris Hastings
The Daily Mail

A jet owned by a senior executive in the US firm which has bought Liverpool Football Club was chartered by the CIA and used in flights allegedly linked to the rendition of terror suspects.

The plane is owned by Phillip Morse, 69, the vice-chairman of New England Sports Ventures, which bought the club on Friday for £300million.

Oct 19 17:25

Moral Revolutionary Party Denies Responsibility for Shots Fired at Pentagon

"Candidates are a dime a dozen. It is the party behind the candidates that wields the real power. Buy guns and ammunition, The Moral Revolutionary Party is going to need everyone armed come 2012. These swine will not simply roll over and play dead," predicted Robertson, "We'll win the election in 2012. But the vermin will still have to be hunted down.

Oct 19 17:14

Officials Push to Bolster Law on Wiretapping

Charlie Savage
The New York Times

WASHINGTON — Law enforcement and counterterrorism officials, citing lapses in compliance with surveillance orders, are pushing to overhaul a federal law that requires phone and broadband carriers to ensure that their networks can be wiretapped, federal officials say.

Oct 19 16:53

Task force probing whether banks broke federal laws during home seizures

Zachary A. Goldfarb
Washington Post

Federal law enforcement officials are investigating possible criminal violations in connection with the national foreclosure crisis, examining whether financial firms broke federal laws when they filed fraudulent court documents to seize people's homes, according to people familiar with the matter.

Oct 19 16:36

Linda Norgrove – victim of UK's Afghanistan policy

Christopher King argues that the botched attempt by US troops in Afghanistan to rescue British aid worker Linda Norgrove, which resulted in her being killed by her American "rescuers", should be seen as an omen for the future of London's subservience to Washington: disaster for Britain.

Oct 19 16:22

Update: Boeing 747 Buzzes Over the Golden Gate Bridge Predictive Psy Op

ABC "News" and Diane Sawyer were interested in this story for some reason, asking to use the video, of which I informed them was a swipe from the intertube of webnets to prevent memoryhole loss, which made Sadie laugh over the phone. We'll see how they use or don't use the info. Corporate media watch us more than we them for news scoops, as they die ever so slowly. Don't hate the media - Be the media.

"esb257able has sent you a message:

Urgent Message from ABC News

Oct 19 14:00

UN Tricks and Treaties

The United Nations has ensnared the world in voluntary treaties intended to become mandatory later, tricking politicians and the public. The treaties may be vague and open to interpretation over time, using a tactic known as ‘incrementalism’. These treaties affect many branches of government. The treaties are designed to deindustrialize and economically break nations, restrict energy resources (especially for electricity and transportation) and implement taxation schemes based on manipulated science from the UN (the EPA has authority to implement Cap-and-Trade).


Oct 19 13:58

It Was Like a “COVERT OPERATION” Trying To Remove Oil From Beach says Cleanup Worker

BP has continued to spray toxic dispersant months after they claim that the well was capped. Gulf residents have been sickened by Corexit yet we are told by the corporate news that everything is completely fine.

Oct 19 13:57

Hemp Is the Far Bigger Economic Issue Hiding Behind Legal Marijuana

Hemp is the far bigger economic issue hiding behind legal marijuana.

If the upcoming pot legalization ballot in California were decided by hemp farmers like George Washington and Thomas Jefferson, it would be no contest. For purely economic reasons, if you told the Constitutional Convention in 1787 that the nation they were founding would someday make hemp illegal, they would have laughed you out of the room.

If California legalizes pot, it will save the state millions in avoided legal and imprisonment costs, while raising it millions in taxes.