Documentary questions whether Prophet Mohammad was a “child molester”
(PaulWatson) – The Spanish government has threatened to deport an ex-Muslim Pakistani film maker if he goes ahead with the release of a video entitled “The Innocent Prophet,” which purports to “raise awareness of the dangers of Islam to Western Civilization.” Read the rest of this entry »
(RealNews) – Anti-austerity rage intensified in Madrid, as protesters surrounded the parliament Tuesday night in a sign of mounting frustration towards the right-wing government. Read the rest of this entry »
(TheMinaret) – The economy in Europe has not been stable since the 2008 stock market crash. Eurozone, the economic union in which its members use the Euro as its sole currency, has been losing control of their debt. This has caused concerns of bankruptcy and countries defaulting (failing to pay financial obligation) on their debt. Read the rest of this entry »
(AP) – September 28th, 2012 – Europe’s fragile financial calm was shattered Wednesday as investors worried that violent anti-austerity protests in Greece and Spain’s debt troubles showed that the continent still cannot contain its financial crisis. Read the rest of this entry »
(SHTFPlan) – As the economic fallout of the sovereign debt crisis spread through Europe Spain finds itself on the verge of all out food riots as millions struggle to survive. Read the rest of this entry »
(ZeroHedge) – Well that didn’t take long. The ink on the #Spailout is not dry yet (well technically there is no ink, because none of the actual details of the Spanish banking system rescue are even remotely known, and likely won’t be because when it comes to answering where the money comes from there simply is no answer) and we already have an answer to one of our questions. Read the rest of this entry »
EU gave green light to bar anti-ECB protesters from entering country during summit
(PaulWatson) – The European Commission has given Spain the green light to take the unprecedented move to temporarily suspend its open border policy with France under the Schengen agreement in a bid to curtail mass protests targeting a European Central Bank summit set to take place in Barcelona next week.
(ZeroHedge) – The reality of the consequences of the Greek default sink in as the country officially goes into depression, the Dutch government faces collapse and contagion spreads to Spain. Read the rest of this entry »
(HigginsBlog) – Economic data and technical data coming out of Spain is telling us point blank that disaster is looming and will trigger the dominos to fall across Europe. Read the rest of this entry »
(ZeroHedge) – Nothing good here for our Spanish readers: while speaking at a news conference, Deputy Prime Minister Soraya Saenz de Santamaria said that Spain’s economy will contract by 1.7 percent this year as the government carries out drastic austerity measures. The forecast matched the International Monetary Fund’s outlook for Spain’s economy this year and was less optimistic than the outlooks from the country’s central bank and from the European Commission. Read the rest of this entry »
(RussiaToday) – Spain has been gripped by a 24-hour general strike against the government’s plans to slash its budget. Thousands of passengers were left stranded in Madrid with two thirds of flights grounded due the actions by transport workers. A wave of anti-austerity demonstrations is expected all over Europe with tens of thousands marching on Brussels. Read the rest of this entry »
(RussiaToday) – There’s a powerful organization holding a meeting in Spain, that features some of the world’s most-influential politicians, bankers and even military chiefs. But you won’t know what they’re up to because the Bilderberg Club gets together under a veil of secrecy. Critics say it’s making big, world-changing decisions behind people’s backs. RT is covering the meeting near Barcelona and has spoken to Daniel Estulin, author and investigative journalist, who recently revealed his findings about the Bilderbergs to the European Parliament. Read the rest of this entry »
See Also: (Guardian) – Bilderberg 2010: Out of the darkness, into the light – Read More Here
(AmericanFreePress) – Bilderberg boys were so depressed as they gathered at the Dolce luxury hotel in Sitges, Spain June 3 that “many important people are not showing up,” because “they always find out and we get into trouble at home,” said one, echoing the sentiments of all.
Still, they hope to inflict much evil on the world. An unprecedented but fruitless effort to hide the Bilderberg meeting this year was conducting the Group of 20 (G-20) economic meeting in Busan, South Korea. Read the rest of this entry »
(PaulWatson) – Former NATO Secretary-General and Bilderberg member Willy Claes has confounded claims by debunkers that the secret organization which met in Sitges Spain over the last few days does not set policy, admitting during a Belgian radio interview that Bilderberg attendees are mandated to implement decisions that are formulated during the annual conference of power brokers.
Protesters have clashed with police as they tried to break through the gates of the Irish parliament during a march against bank bailouts. Read More Here
(AmericanThinker) – The Failure of the Unfree Market
What we have here is the failure of the unfree market. That means the failure of Greece. And the other PIGS (Portugal, Italy, Greece, Spain). And Europe. And it means the U.S., too. It even includes the Great Recession. The modern welfare state is collapsing around us. Read More Here
(SteveWatson) – New UK Government To Be Infested With Bankers
One in ten new MPs has background in international banking Read More Here
(SteveWatson) – UK Economy May Be Allowed To Crash And Burn Like US Banking Giant
Analysts, Economists: Britain May Become Lehman To Greece’s Bear Stearns Read More Here
(Reuters) – Food-stamp tally nears 40 million, sets record – Read More Here
(FoxNews) – World Health Organization Moving Ahead on Billions in Internet and Other Taxes
The World Health Organization is moving full speed ahead with a controversial plan to impose billions of dollars in global consumer taxes on such things as Internet activity and everyday financial transactions like paying bills online — while its spending soars and its own financial house is in disarray. Read More Here
(GlobalResearch) – “Drop Dead Economics”: The Financial Crisis in Greece and the European Union – Michael Hudson
Riddle: How are the Greek rioters like America’s Tea Party movement?
Answer: Both reject government being taken over by the financial oligarchy to shift the tax burden onto labor. Read More Here
(USNews) – U.S. Cancer Costs Double in Two Decades
Study also finds that private insurance pays greater share today Read More Here
(PaulWatson) – Tea Party Clueless About U.S. Tax Dollars Funding Bailout Heist
Silence from anti-tax movement on bailouts is deafening – and dangerous Read More Here
(WashingtonsBlog) – The European Bailout: Not a Very Promising Start
Many people have written insightful criticisms of the European bailout. For example, Tyler Durden, Joe Weisenthal and Gregory White point out that the French banks are the real winners of the bailout (but don’t forget JP Morgan).
Ron Paul points out that the Fed opening its swap lines to Europe violated its promise to Congress not to do so. Paul also says the bailout will help lead to the destruction of all fiat paper currencies, ensuring that “gold will rule the roost”. Read More Here
(House.gov) – The Fed Is Using Its Cronies And Lobbyists To Stop Us From Auditing It – Ron Paul
It doesn’t come as too much of a surprise that the measure to audit the Federal Reserve is coming under continuous fire from the central bank and its cronies. For the first time since the Federal Reserve was created nearly a century ago, they have hired an actual lobbyist to pound the pavement on Capitol Hill. This is a desperate effort to hang on to the privilege of secrecy and lack of accountability they have enjoyed for so long. Last week showed they are getting their money’s worth in the Senate. Read More Here
(WSJ) – Did a Big Bet Help Trigger ‘Black Swan’ Stock Swoon?
Shortly after 2:15 p.m. Eastern time last Thursday, hedge fund Universa Investments LP placed a big bet in the Chicago options trading pits that stocks would continue their sharp declines.
On any other day, this $7.5 million trade for 50,000 options contracts might have briefly hurt stock prices, though not caused much of a ripple. But coming on a day when all varieties of financial markets were deeply unsettled, the trade may have played a key role in the stock-market collapse just 20 minutes later. Read More Here
(Reuters) – Gold rises above $1,220 on euro zone debt fears
Gold hit five-month highs on Tuesday, rising to within $5 of its December record peak as risk aversion returned on doubts over smaller euro zone countries’ ability to cut their deficits despite a $1 trillion aid package. Read More Here
(BusinessInsider) – Gold Is On Fire, As Market Sneers At Euro Bailout
Along with the overall market malaise, the other big warning sign right now is the gold surge. The metal is now nearly $1220/oz. As Stacy Herbert puts it: The gold vigilantes are in a shootout with the ECB and the Fed. Read More Here
(GoldTrends) – Brother Can You Spare a Trillion?
In a nutshell they will buy bonds and will intervene in markets and “do what they have to” in order to avoid a meltdown. This is akin to the USA bailout of 1 Trillion dollars. This will only buy time, but it is all that can be done right now. For the moment the term being touted this Monday morning is “putting a floor on risk assets”. This time they mean stocks and bonds and not commodities. Read More Here
(Goldseek) – Where’s my Government Check
Reading the financial press, I recently noticed that of the 139 million workers in the Bureau of Labor Statistics household survey of workers, 47 percent don’t make enough to file and pay federal taxes beyond any collected social security tax. This means that out of a population of 310 million Americans, only 74 million (about 24 percent) pay federal taxes on April 15th. Read More Here
(ZeroHedge) – European Banks Now Feverishly Betting Against Euro, As Bailout Fails, Gold Surges – Tyler Durden
Thought experiment: You are the head FX trader at French megabank Croc Monsieur & Cie. (HFT: CMC) For the past 5 years, your bonus has been getting paid primarily in company stock. In the last two weeks you have seen the stock of your firm plunge as the markets have finally realized that those idiots in the Fixed Income desk have loaded up to the gills with PIIGS debt which is now worth 60 cents on the dollar at best. And to top things off, the euro has plunged to multi year lows killing any chance of buying that New York Pied A Terre which seemed so cheap when the EURUSD was 1.50 a few months ago. So what do you do? Well, you short the living daylights out of the EUR, knowing full well that the EU, the IMF and the ECB will not let Europe crash. You sell, you sell on margin and then you sell some more, trying to get EURUSD all they way down to 1.20, to 1.10, even to parity if possible, to make it all that more believable that the end of Europe is coming. Read More Here
If Marijuana Production Were Legal: Projected Tax Revenues, by State
Love it or hate it, people smoke marijuana – lots of it. In some states marijuana consumption and possession have been decriminalized, and even legalized for medicinal purposes. But, have you ever wondered how large the economics of Marijuana were? Us too. As a result ,have decided to put together this graphic, which illustrates the popularity of marijuana consumption, the federal tax dollars spent to keep marijuana illegal, and the possible tax revenues that could be generated if marijuana production were legalized and taxed like any other agricultural product. Read More Here
(RussiaToday) – Video: Alex Jones on Greece: It’s Robbery, Not Bailout!
Greece has kick-started talks on implementing its new economic austerity measures despite warnings of new union rallies. The plans will see pensions slashed and the retirement age increased. The measures were a pre-requisite for an international loan to pluck the country from the brink of bankruptcy. But investigative journalist Alex Jones says the bailout is a crime and will only hit tax payers even harder in the pocket.
(Infowars) – Video: Webster Tarpley Predicts End of The EURO on Alex Jones Tv
(RussiaToday) – April 28, 2010 – With Greece’s debt mounting by the day and the United States starting to recover from the worst financial crisis since the Great Depression, will there be a ripple effect from Greece’s troubles? While U.S. cities and towns wrestle with financial problems, investors are finding a new way to profit on their misery: by buying derivatives that essentially bet municipalities will default. Read the rest of this entry »
(WebsterTarpley) – It has been evident for some time that the ongoing speculative attack on Greece, along with such other countries as Spain, Ireland, Portugal, and Italy, was not primarily a reflection of their economic fundamentals, nor yet a spontaneous movement of “the market,” but rather an orchestrated action of economic warfare. Read the rest of this entry »
American history has been dominated by war; so, too, may the American future be.
The war in Afghanistan feels foreign to Americans: a far distant land, a confusing and alien culture, and combat against a shadowy enemy. That feeling is mistaken. America has spent much of its history fighting wars like the one in Afghanistan. So much so, in fact, that Afghanistan would be familiar to an American in 1900, and conventional wars such as World War II would seem strange. Read the rest of this entry »
(WashingtonsBlog) – Rolfe Winkler argues that – in the short-run – the PIIGS countries (Portugal, Ireland, Italy, Greece and Spain) will slash their budgets and get bailed out by the EU. Read the rest of this entry »
(RawStory) – The US Federal Bureau of Intelligence is red-faced after being caught using a photo of a member of Spain’s parliament to create images of what the world’s most wanted terrorist might look like after years of seclusion. Read the rest of this entry »
(Telegraph) – Stock markets in Germany, France, Spain and Italy were all down about 2pc in early afternoon trading as investors retreated from riskier assets. Investors spent the morning digesting the news that Dubai World, the government investment company with $59bn of liabilities, is seeking to delay repayment on much of its debt. Price for European government bonds rose as investors moved money into safer assets. Read the rest of this entry »
It’s too late for anyone to pretend that the U.S. government, whether under President Barack Obama or anyone else, can divert our nation from long-term economic decline. The U.S. is increasingly in a state of political, economic, and moral paralysis, caught as it were between the “rock” of protracted recession and the “hard place” of terminal government debt. Read the rest of this entry »
Trying to put together an army of resistance, the Arawaks faced Spaniards who had armor, muskets, swords, horses. When the Spaniards took prisoners they hanged them or burned them to death. Among the Arawaks, mass suicides began, with cassava poison. Infants were killed to save them from the Spaniards. In two years, through murder, mutilation, or suicide, half of the 250,000 Indians on Haiti were dead. Read the rest of this entry »
MADRID: Today the Spanish Senate, acting to confirm a decision already taken under pressure from powerful governments accused of grave crimes, will limit Spain’s laws of universal jurisdiction. Yesterday, ahead of the change of law, a legal case was filed at the Audiencia Nacional against four United States presidents and four United Kingdom prime ministers for commissioning, condoning and/or perpetuating multiple war crimes, crimes against humanity, and genocide in Iraq. Read the rest of this entry »
(Google) – Venezuelan President Hugo Chavez told the Israeli people not to support their government, which he described as “genocidal” on Friday, the second day of his trip to Syria. Read the rest of this entry »
The army in Switzerland is starting to stockpile “swine flu” vaccines as it gears up for a mass forced vaccination of the Swiss population in autumn, according to a report in the Basler Zeitung. Read the rest of this entry »