30 Jun 2013

THE PAEDOFILE: Abuse is rarely black and white….but it IS a global business

In today’s depressingly bumper issue:
govetwatMad people who hamper the anti-paedophile cause – The Madeleine McCann industry – Exclusive Bryn Estyn victim interview – Growing doubts about Steve Messham – Hard evidence of global paedo-porn – Kenneth Clarke cleared – Michael Jackson condemned – Napier arrest may preface new Elm House arrests – The Groucho, Jeremy Hunt, Peter Bottomley, Virginia Bottomley enigma – A right Royal cover-up – Michael Gove faces Ofsted storm as another paedo-school closes.
190,ooo cases of school sex abuse 
audited by Ofsted
The Slog: Plopping into my inbox and jumping out from Twitter this week are the growing evidence – undeniable evidence, if we’re being honest here – that loosely affiliated paedophile rings do manage to adopt kids, and traffic them. I have seen the trail for myself in Plymouth, but sadly a Judge in the West Country will put me in prison under a sort of lettre de cachet gagging order if I write about it. So I won’t.

6 Reasons Libertarians Should Reject the Non-Aggression Principle - Rebutted!

Stefan Molyneux: An analysis of an article criticizing the Non Aggression Principle.

Stacy Herbert The Great British Bank Robbery Parts 1 & 2

The Artist Taxi Driver
"Banksters pulling figures out of their arse... 
Goldman Sachs runs Europe"

Snowden, Greenwald and the media saga

AlJazeeraEnglish: Media treatment of the whistleblower and the journalist who brought his revelations to light.

500,000 injured every year by UK NHS, 3,000 killed! + US-Taliban talks in Doha +

Double Standards with Afshin Rattansi is a political satire program broadcast from the heart of London that exposes the hypocrisy of world powers with comedy and high-profile guests. NSA whistleblower Edward Snowden leaves Hong Kong; Qatar change of Power; US-Taliban talks in Doha; John Kerry Interview in Qatar about NSA/Taliban in Afghanistan; Berlusconi jail sentence; FIFA under 20 in riot torn Turkey; Joe Biden vs. Obama over NSA wiretapping and metadata; UK Health Service kills 3,000...

US PIG: Exploding number of elderly US prisoners strains system, taxpayers

Apparently too frail to stand, Anthony Marshall was pushed to his jail cell in a wheelchair trailed by an oxygen tank. A pillar of Upper East Side privilege had become a monument to age and infirmity.
Marshall now joins the ranks of other high-profile, graying defendants – including accused former mobster James “Whitey” Bulger and convicted financial fraudster Bernard "Bernie" Madoff – who stand to spend their twilight years behind bars.
And they’re by no means alone: Prisoners older than 55 make up the single fastest-growing segment of the U.S. prison community – a largely invisible shadow population.

Obama 'The Baby Killer' Does South Africa, Protests Ensue

Tyler Durden's picture: If OkunaMyData LyingKing Obama was hoping for a warm reception upon his arrival in the second leg of his 3 nation African tour, in Johannesburg, to celebrate the life of South Africa's critically ill, 94 year old leader Nelson Mandela, he got quite a surprise when local police had to lob stun grenades at local protestors who had gathered at the world's once most famous apartheid ghetto, Soweto, where they chanted against US foreign policy, American baby killing drone strikes, US policy in Guantanamo and Iran and much more. They were hardly racist.

Libya destroyed by western backed foreign mercs - Phone Call

Morris: The battle lines are being drawn between Tribal loyalties and Muslim Brotherhood loyalties. Many more people have died in Tripoli (40) in Benghazi (40) and also Sabha. The Government seems powerless, behind the scenes Qatar is a big player, and the weapons depots are open.

"Immigrants don't deserve any help health or dignity" Jeremy Hunt + Obama visit to Africa..rubber bullets and stun grenades - BBC Sucks O Cocks News

The artist taxi driver

Apartheid Israeli regime shock troops attack and demolish more Palestinian homes in the Jordan Valley

Press TV: Israeli regime shock troops have accelerated housing demolition in the Jordan Valley in order to expand settlements. In the most recent case, forces raided a small village near Jericho at dawn, demolishing two houses and animal sheds. The residents stated that this is part of an ethinic cleansing policy so Israel can claim the entire Jordan Valley area and rid of it's indigenous population.

Another UK meat scandal: ‘Tens of thousands of diseased cattle sold for human consumption by Defra’

Belfast Telegraph: Diseased cattle, slaughtered after testing positive for bovine tuberculosis (bTB), are being sold for human consumption by Defra, the food and farming ministry has said.

The raw meat, from around 28,000 diseased animals a year, is banned by most supermarkets and burger chains, The Sunday Times reported. Tesco, for example, rejects it because of "public-health concerns surrounding the issue of bTB and its risk to consumers".
But it is being sold to some caterers and food processors, and finding its way into schools, hospitals and the military, or being processed into products such as pies and pasties, the newspaper said.
A Defra spokeswoman said: "All meat from cattle slaughtered due to bovine TB must undergo rigorous food safety checks before it can be passed fit for consumption. The Food Standards Agency has confirmed there are no known cases where TB has been transmitted through eating meat and the risk of infection from eating meat, even if raw or undercooked, remains extremely low."
The meat is sold with no warning to processors or consumers that it comes from bTB infected cattle.

World First: Lampizator 'BIG SIX' DAC - "The best sound we can possibly make"

By Angelo Agathangelou: There's a major culture shock from the mass produced plastic molded crap available for sheeple consumption at our local 'white goods' 'mega mart'. I was surprised recently that Bang and Olufsen is in the same crap category. Terrible sound quality encased in funky designs at extortionate prices going on at our local. SHAKABUKU after exposure to real quality?
With Lukasz Fikus DAC4 you get an idea of what can be achieved when the goal is sound reproduction for the music lover rather than a sting for the benefit of the 0.001%. Of course this colours ones perceptions, B&O... I always thought I wanted some of that.

I would say DAC4 is master reference for the music lover and IMHO utterly recommended for a test in any system. So what we are looking at here is an exercise in supreme reference-ness! I noticed a new page on Lukasz "Make Mozart, Not Nukes!" commercial web-site so in his words:
Level 6 = the best sound we can possibly make

29 Jun 2013

Milton Friedman: Freshwater Keynesian

When Professor Friedman Opened Pandora’s Box: Open Market Operations
By : At the end of the day, Friedman jettisoned the gold standard for a remarkable statist reason. Just as Keynes had been, he was afflicted with the economist’s ambition to prescribe the route to higher national income and prosperity and the intervention tools and recipes that would deliver it. The only difference was that Keynes was originally and primarily a fiscalist, whereas Friedman had seized upon open market operations by the central bank as the route to optimum aggregate demand and national income.
There were massive and multiple ironies in that stance. It put the central bank in the proactive and morally sanctioned business of buying the government’s debt in the conduct of its open market operations. Friedman said, of course, that the FOMC should buy bonds and bills at a rate no greater than 3 percent per annum, but that limit was a thin reed.


The NWO: Operation Paul Revere + US Forced Blood Draws

Directed by Micah Ellars

Bankster Peek-a-boo Accounting - Max Keiser with Francine McKenna

Max Keiser and Stacy Herbert discuss the latest peek-a-boo accounting fashion trends looking great matched with a missold swap or wrapped in an accidental misplacement of segregated client funds. If your name is Jane Tacky Toe Polish, however, do not try the latest in financial fraud trends as you'll be sent to prison for a long time. In the second half, Max talks to Francine McKenna of TheAuditors.com about the Bernie Madoff of munis and the cooked bailout books at Anglo-Irish bank.

State Usurpation of Parenthood, Conditioning and How Cancer Can Make You Well - Stefan Molyneux with Laurette Lynn

Stefan Molyneux, host of Freedomain Radio, speaks with Laurette Lynn from Unplugged Mom about the effects of his cancer diagnosis and treatment, including the relief from the burden of inconsequential worries, the state usurpation of parenthood and conditioning.

Why Banks ALWAYS Fail

By Martin Armstrong:

QUESTION: Why do banks seem to always fail?
ANSWER: The business model is inherently flawed. They borrow short-term on demand and lend long-term. They take your demand deposits in your checking account and lend for mortgages out 30 years or speculate with your money like M.F. Global who Obama protected proving my point – Democrats & Republicans are the same. They make noize on the social issues only – but when it comes to money, they smile with their hand out for crumbs from the bankers.
There is ALWAYS a bank failure because the business model is simply unsound. The way to correct the problem is simple. Long-term lending must be matched ONLY with term deposits – never demand deposits. I have advised banks as well as been on the board of a bank. So I have been there, seen it all, and understand it clearly.
The real problem is that the bankers sell the government debt and threaten them that if they do not bail them out every time they lose money, government goes down. Total blackmail. That has to STOP.

FBI Had Plans to Kill Occupy Leaders

AJ: Wesley Clark says Americans love the surveillance state as we learn a WikiLeaks volunteer was a paid FBI informant and a FOIA request show that the FBI had plans to kill Occupy leaders with sniper rifles. Source

Edward Snowden: the Manchurian Candidate

By Richard Cottrell: Points of detail are important.
Edward Snowden is not an NSA sub contractor. He worked for the ‘consultancy’ Booz Allen Hamilton which is a shop front for the CIA, not the NSA. First warning.
Second. None of the ‘secrets’ he revealed are even vaguely secret, since the information concerning NSA snooping on foreign powers was already in the public realm, many times over. The problem is that newspapers and journalists intoxicate themselves with spy stories and rarely bother to sift through all the parallel information. Takes too long.
Third. His hop, skip and jump activities were clearly well planned in advance. Who, exactly, set up the fake exit to Cuba story, which put a truckload of journalists on the wrong (teetotal) flight? Snowden? Pull the other one. He had that sort of power over Aeroflot? Who put the story around anyway? Snowden again? Hey this guy was wasted working for the CIA, he should have been in PR.
Fourth. He got on a plane to Russia without a visa. I have been to Russia many, many times and I can tell you that is an impossible feat without real inside connections.

Criminality among UK police on the rise

PressTV: They are supposed to be the ones in charge of upholding Britain's law and order but the men and women of police forces across the country are not averse to breaking the rules themselves. A freedom of information request revealed a shocking rise in the number of officers disciplined for misconduct. Source

Feminazis: Orwell Would be Proud

SubMan USN: Are there any similarities between Orwellian societies and feminism?

What’s So Scary About Deflation? - Ludwig von Mises Institute

By : When it comes to deflation, mainstream economics becomes not the science of common sense, but the science of nonsense. Most economists today are quick to say, “a little inflation is a good thing,” and they fear deflation. Of course, in their personal lives, these same economists hunt the newspapers for the latest sales.
The person who epitomizes this fear of deflation best is Ben Bernanke, chairman of the Federal Reserve. His interpretation of the Great Depression has greatly biased his view against deflation. It is true that the Great Depression and deflation went hand in hand in some countries; but, we must be careful to distinguish between association and causation, and to correctly assess the direction of causation. A recent study by Atkeson and Kehoe spanning a period of 180 years for 17 countres found no relationship between deflation and depressions. The study actually found a greater number of episodes of depression with inflation than with deflation. Over this period, 65 out of 73 deflation episodes had no depression, and 21 out of 29 depressions had no deflation.

US PIG (Prisoner Industrial Gulag): Texas Teen Faces 8 Years in Jail for an Insensitive Joke on Facebook

By Michael Krieger: A very disturbing pattern is becoming evident all across the nation.  For a country that has 5% of the world’s population yet 25% of the entire planet’s prisoners, we sure do seem to eager to bump that figure up even higher. My guess is the trend has a lot to do with the private prison system in the country, which means higher levels of incarceration equals higher profits.  I think it also has to do with a troubling move toward criminalizing speech and an attack on the First Amendment generally.  This particular case occurred in Austin, Texas and nineteen year old Justin Carter now faces eight years in jail for an insensitive joke on Facebook. Thanks to the site Texas Prison Bid’ness, we can gain some perspective on the private prison industry in the Lone Star State:

Screen Shot 2013-06-28 at 2.54.57 PM
Now, here’s the story from KHOU in Houston:
Justin Carter was 18 back in February when an online video game “League of Legends” took an ugly turn on Facebook.

28 Jun 2013

Now silver up a buck?


Why Centralization Leads to Collapse

By Charles Hugh Smith: A system that suppresses dissent is fault-intolerant, ignorant and fragile. 

Increasing centralization has been viewed as the solution for all social and economic problems for quite some time. The Eurozone project is one recent manifestation of this belief. 

The basis of this belief is rationality and efficiency. If we centralize production and decision-making, we eliminate all sorts of inefficiencies. Decisions can be made by "top people," and supply chains can be rationalized from a hopelessly inefficient clutter down to a supremely rational and cost-effective pathway. 

Ironically, in eliminating inefficiency and messy decision-making, centralization eliminates redundancy, decentralized pathways of response and dissent. Once you lose redundancy and all the feedback it represents, you lose resiliency and fault-tolerance. The centralized system is fault-intolerant and fragile.


Hands Off Snowden!‏

Let the political asylum process go forward.

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Edward Snowden is in more danger than ever Already over 30,000 of us have asked President Obama not to touch him.  Yesterday the President publicly said, "I'm not going to be scrambling jets to get a 29-year-old hacker."
If you haven't yet emailed the White House, please do it now.
The choice between secrecy and democracy rests with the fate of our whistleblowers.

Now that NSA whistleblower Edward Snowden is en route to Ecuador or elsewhere for political asylum, there is a real danger the U.S. government will try to grab him under the guise of law enforcement.
Click here to tell President Obama: Hands off Edward Snowden!

This is urgent. Please do two things in the next minute:

**  Click here to tell Obama that the U.S. government must not engage in any abduction or other foul play against Snowden.

US Laws You Didn't Know Existed

Selective punishment
Why do you think you have the right to spy on me?

GLOBAL LOOTING: How the EU Finmins’ scheme offers us almost no protection from haircuts

The thrusting lances of the Knights Template will skewer us all in the end
The Slog: I confess to wondering more and more, as the world careers towards disaster, at what point people will wake up to the systematic rules being drawn up around that world in order to steal every last bit of wealth left to us….now that the econo-banking mess is beyond self-repair.
Already, the European press routinely refers to ‘bail-ins’, casually reporting that EU FinMin clowns have finalised the Template that Was to be Unique…but will clearly be universally applied – probably starting with Italy. The process that emerged from FinMin fulmination is fairly clear. Insured deposits (of under €100,000) are to be fully protected; Uninsured deposits (of over €100,000) are not protected, but given preferential treatment; and Bail-ins of at least 8% of the banks total liabilities have to come to before any resolution funds are tapped.

Ecuador resigns from ATPDA and offers $23 millions to train americans on human rights

ciudadanoecuatoriano: Ecuadorian communication secretary, Fernando Alvarado, announces that Ecuador resigns from ATPDA, because Ecuador "do not accept pressure or threats from anyone". This, in reference to some media and political actors who claims to suspend the ATPDA, if Ecuador decides to give political asylum to Edward Snowden.

"Future Gold $3500 - $50,000" - Jim Sinclair

Sprott Money: Jim Sinclair answers questions from our readers about the gold and silver markets and his outlook on the economy. Jim Sinclair is the CEO of Tanzanian Royalty Exploration

When female privilege backfires...

girlwriteswhat: Were women historically oppressed? Are they now, in developing countries?
A look at two societies under extreme and unusual pressures, which are considered oppressive to women, gives an insight into that age-old (actually, 200 year-old) question. The answer? *People* are oppressed. Men and women make trade-offs with each other.

The Queen Feudalism Ian Brady R Brooks Round up T Bliar war + "The Queen is famously frugal" + govt to sell student loan book to private sector bailiffs - BBC Sucks O Cocks News

The Artist Taxi Driver

The Jews Who Own The Media + Obama's Jewish War On Syria + Edward Snowden...When Truth Becomes Treason

Exposed: UK cops unit SOCMINT sucks up data from your online networks

RT: It appears the UK's sweeping surveillance is going beyond the GCHQ phone and online eavesdropping.  
A special ed police unit who mistook Orwell's 1984 for their handbook has been scanning what British citizens are posting online in social networks.

27 Jun 2013

Disintegration Of The Western Family - State Usurpation Of Fatherhood

Is Now the Time to Sell Gold?


The Slog: Remember last week’s Slogpost suggesting that Gold would go through $1300? Well, it’s now struggling to hold $1200.
And yet and yet…..gold mining stocks do not seem to be entirely worried….as in, their index is up 50cUS on the day.
So, if the miners tend to lead the price of gold (as they do) then – as my New Mexican friend so delicately puts it,Who the fuck knows where it’s going from here?”
I don’t know the answer to that one either; but this much I do know: this is the biggest divergence we’ve seen between genuine fundamentals and counterfeit printerventionists to date.
Consider: when the stock markets are going up to record levels, and gold is going down, then in the real world of naturally evolving markets, you must surely expect that – in the pipeline – there are at least thirty signs that breakthroughs in immortality pharmaceuticals, highly intelligent search engines, a process for converting well-water into wine, clean car emissions, zero-cost electricity generation, and the secret of transmuting politicians into something genuinely useful are about to come on stream.

Leaked: CIA aims crackdown on leaks inside CIA

AFP Photo / Saul LoebRT: The director of the CIA has outlined plans to launch a new campaign aimed at keeping the organization’s operations secret. The memo, issued by director John Brennan, was itself leaked late on Wednesday.
The ‘Honor the Oath’ campaign has the intention of reinforcing “our corporate culture of secrecy” according to the memo, which was obtained by Associated Press. The document had been labeled unclassified and for official use only.
Brennan wrote that the campaign is a result of a CIA security review conducted last summer by the organization’s former director, David Petraeus, after “several high-profile anonymous leaks and publications by former senior officers,” were identified, according to Brennan.
It also outlined the necessity to take a harsher stance on former employees who were intending to publish materials about their time in the organization.
The CIA declined to comment on the leak after AP contacted it.

Aaron Barschak the comedy terrorist interview #18 + Parasitic royal family get £M as children of poor are sent to foodbanks for muck meat + Interview #17 Michael Mannheim Bertolt Brecht was his great uncle

The Artist Taxi Driver

#AngloTapes & Banksters' Trolololing "Pulling numbers out of their arse!" - Max Keiser with Andrew McGettigan

Max Keiser and Stacy Herbert discuss the hashtag AngloTapes and the trolollolling by the banksters at the heart of the Anglo Irish scam to get taxpayers to bail them out before the same taxpayer could understand how much was really needed. They also discuss 'feral hogs' and colonscopies for lulz banksters. In the second half, Max talks to journalist and author, Andrew McGettigan, about the attempts by the UK government to sell off its £40 billion student debt portfolio. Source

What a lower silver price will mean


How the new improved Carneybank of England splurged 70 billion quid to save Osborne’s neck….and Balls missed it.
osbdesperateOsborne….only saved by potty tribalism
The Slog: Continuing on from where we were two days ago when I posted about missing legs on the globalist stool, what we’ve seen over the last 36 hours or so has been a case of something entirely natural reversed by other things that are obviously unnatural. When Ben Bernanke let slip via his portable megaphone that he wanted to withdraw from QE, there was a global sell-off in shares, and an equally global spike in sovereign bond yields. That is precisely what most of us expected.
The following day (Tuesday) there was a suspicious reaction in the bond markets: the spikes were largely wiped out. The Japanese 10-year note yield fell three basis points to 0.835%: a fall in comparative terms of some 60%. Humungous. And, um, for me….er, unconvincing.

Europe Make Cyprus "Bail-In" Regime Continental Template

Tyler Durden's picture Turns out that for Europe, Cyprus was a "bail-in" template after all, and following an agreement reached early this morning, Europe now has a joint failed-bank resolution mechanism. Several hours ago, EU finance ministers announced that they had reached agreement on the principles governing the imposition of losses on creditors in bank 'bail ins'. Having already agreed to establish "depositor preference" in the pecking order of creditors at risk, the stumbling block to agreement was the availability of flexibility at the national level to complement the bail in with injections of funds from other sources. Under the compromise achieved overnight, once a bail in equivalent to 8% of total liabilities has been implemented, support from other sources can be used (up to 5% of total liabilities) with approval from Brussels.
So investors (i.e. yield chasers) and not taxpayers will foot the cost of bank bailouts going forward for a change? Maybe on paper: "From 2018, the so-called “bail-in” regime can force shareholders, bondholders and some depositors to contribute to the costs of bank failure. Insured deposits under €100,000 are exempt and uninsured deposits of individuals and small companies are given preferential status in the bail-in pecking order."

"The Dark Side of the QE Circus"

Andy Sutton:  There may come a day soon where the markets sell off if one of the whiskers in Big Ben's beard is out of place. Or perhaps if his tie is a bit crooked. Or maybe we end up with Janet Yellen as the next puppet in charge over at the local banking cabal and we fret about her hairdo. I don't know, but one thing that is for certain is that this central bank so wants to be loved and we are so under psychological attack with all of this QE nonsense that it isn't even funny.
QE is the endgame. ZIRP was only the beginning. QE, or monetization (which they'll never call it because of the negative connotations), is the heroic measure applied to an already dead system. Our system, for all intent and purposes, died in 2008. It ceased to exist. The investing, economic, and business paradigm that has existed since is drastically different than its predecessor despite all the efforts being made to convince everyone, including Humpty Dumpty, that it is in fact 2005 all over again.


ILBIJERRI Theatre Company: Interviews with cast and creatives - A sneak-peek at rehearsal footage and Interviews with the cast and creatives of CORANDERRK: We Will Show The Country ahead of their Sydney Opera House Season. Source

European student group files complaints with the EU against US tech giants over NSA spying

By Madison Ruppert:  
A European student group known as Europe-v-Facebook (EVF) has filed formal complaints against major US technology firms for working with the National Security Agency (NSA) to secretly collect data on Europeans.
The group specifically named the NSA’s PRISM program in their announcement and stated that their complaints are aimed at the European subsidiaries of US internet giants which worked with the government according to multiple reports.
The complaints were filed by EVF in Ireland against Facebook and Apple, in Luxembourg against Skype and Microsoft and in Germany against Yahoo.
Complaints against Google and YouTube are forthcoming but could not be filed immediately because they do not use European intermediaries. Instead, the group will have to follow a different path since Google has data partners in Belgium, Finland and Ireland.
Since the subsidiaries are based in the EU, the group maintains that they are subject to EU data privacy laws.

26 Jun 2013

Jim Rogers: “This Is Too Insane–And I’m Afraid We’re All Going To Suffer For The Rest Of This Decade”

By Tekoa Da Silva: I was able to reconnect with Jim Rogers this morning out of Spain, legendary co-founder of the Quantum Fund with George Soros, author of Hot Commodities, and chairman of the private Beeland Holdings.
It was an especially powerful interview, as Jim spoke towards the relentless downward pressure on gold, the upward explosion in interest rates, central bank money printing, and how to protect yourself ahead of the disastrous times he sees coming.
When asked if we’re seeing forced liquidation leading the smash down in gold this morning, Jim said, “We certainly are. There are a lot of leveraged players who are now being forced to sell. Usually when you have this kind of forced liquidation, you’re getting closer to a bottom, maybe not the final bottom, but certainly close to a bottom. I even bought a little bit [today].”

How to appear less stupid, for feminists

johntheother: How to appear less stupid than you do, a guide, for feminiazis.
Of course, these are just a few examples, provided here, I hope as a guide for gender ideologues and feminazis. By following the advice provided in this short discussion, feminazis can work towards appearing less stupid, amoral, sadistic, violent and sociopathic than they now appear. After all, we don't want anyone to get the wrong impression, do we?

Confidence in US economy ‘crumbling’ after Snowden (Full Version)

Along with exposing widespread international surveillance, Edward Snowden has revealed how exactly the US is financing its military ambitions, according to Max Keiser. Source


Snake hit by rake: Draghi rumours of malpractice in 1990s and 2012 resurface…looking more solid
The Slog: A report submitted earlier this year to the Corte dei Conti, Italy’s state auditors, suggests not only that Italy faces a potentially massive derivatives hit, but also that Mario Draghi may be personally implicated in those and other frauds. In particular, several appear to have been central to Italy gaining entry to the eurozone in 1999….based on clearly falsified data.
Allegations being made against Signor Draghi insist that he ‘cooked’ Italy’s debt picture when seeming to reduce Italy’s budget deficit from 7.7 % in 1995 to 2.7% by the crucial entry-qualification year, 1998. It was, by a country kilometre, the steepest debt reduction among any of the (then) eleven eurozone applicants. Draghi went on to join Goldman Sachs in 2002, and by then accusations of book-cooking were already starting to emerge. In 2005, the Bank of Italy was forced to issue a denial, but several eminent commentators found it unconvincing. In 2006, news agency Bloomberg  applied to Draghi’s mentor Jean-Claude ‘Tricky’ Trichet for the release of further information, which Trichet refused to give…again, to the consternation of a number of mainstream financial journalists.
Author Simon Johnson, for example, not only found the answers given by Draghi “unpersuasive”, he also pointed out how unlikely it was that, as a Goldman employee, the Italian had “known nothing” about the fraudulent marketing of debt cover-up

Corruption, EuroStyle: ECB Chief Draghi Fudged Italy’s Books to Secure Eurozone Entry, Italy Stuck With Derivative Losses

As readers of the financial press may recall, there was a kerfluffle over the fact that Greece had used a currency trades designed by Goldman in 2001 to mask the level of its indebtedness and secure Eurozone entry. Goldman continued to help Greece dress up its books and offered to intervene in 2009, although Greece turned them down then. The amount of debt raised, as in hidden, was €2.8 billion in 2001, and as a result of a restructuring in 2005, increased to €5.8 billion. Goldman earned large fees for these deals.
These transactions were of keen interest in the Eurozone, not merely because Goldman had helped Greece fudge its accounts and without this, erm, help, Greece would not have qualified for Eurozone entry (there have been efforts to downplay the accounting finesse, since Brussels was allegedly aware of the fact that Greece really was not qualified to enter). Mario Draghi, who was then the heir apparent to Jean-Claude Trichet as ECB chief, had joined Goldman in 2002 and was head of the group that handled the restructuring in 2005. The Bank of Italy issued a denial about Draghi’s involvement that Simon Johnson read as unpersuasive.

OMFG!! I'm gonna explode **spending review special** + OMFG!!! Some actual context for today's spending review + OMFG!! Osborne "a fairer society"

The Artist Taxi Driver
The BBC Sucks O Cocks News
"Ask Bankster Shill Gideon Osborne Where The Money's Going!"

The 441 TRILLION Dollar Interest Rate Derivatives Time Bomb

By Michael Snyder: Do you want to know the primary reason why rapidly rising interest rates could take down the entire global financial system?  Most people might think that it would be because the U.S. government would have to pay much more interest on the national debt.  And yes, if the average rate of interest on U.S. government debt rose to just 6 percent (and it has actually been much higher in the past), the federal government would be paying out about a trillion dollars a year just in interest on the national debt.  But that isn't it.  Nor does the primary reason have to do with the fact that rapidly rising interest rates would impose massive losses on bond investors.  At this point, it is being projected that if U.S. bond yields rise by an average of 3 percentage points, it will cause investors to lose a trillion dollars.  Yes, that is a 1 with 12 zeroes after it ($1,000,000,000,000).  But that is not the number one danger posed by rapidly rising interest rates either.  Rather, the number one reason why rapidly rising interest rates could cause the entire global financial system to crash is because there are more than 441 TRILLION dollars worth of interest rate derivatives sitting out there.  This number comes directly from the Bank for International Settlements - the central bank of central banks.  In other words, more than $441,000,000,000,000 has been bet on the movement of interest rates.

REVEALED: The disgracefully empty nature of Theresa May’s vow to clean up the cops

mayhangptMay….against backdrop of prescient slogan
The Slog: UK Politicians of all three major Parties have at various stages over the last fifteen years ‘vowed’ to do many things to make life fairer for, and easier on, the citizen. Vowing is what politicians do when they’re through hailing and insisting. By and large, the result has been much talk and almost no action. Among the highest profile subjects for this mouth-and-trousers treatment have been unethical banks, corrupt policemen, and tabloid journalists working for Rupert Murdoch amongst others. Today I bring you evidence as clear as the morning horizon outside my window here that all these vows are utter bollocks.
But first let us dwell on she who would be Maggie2 -  Theresa May-Ormaynot, depending on which way the wind’s blowing. She’s especially good at the vowing, because she has spotted that from the vows comes the votes. Which must explain why there have been so many vows since she landed, ludicrously over-promoted, at the Home Office. She has, in turn, vowed to crush the Judges, put police killers in jail for the rest of their lives, make the police name suspects they arrest in the media, get tough on Islamic extremists, clear away mobs in the streets, take Britain out of EU justice agreements, and most latterly, to purge the Met of its bad eggs.

NWO Tech: North Carolina State University researchers control cyborg cockroaches with Microsoft Kinect

By Madison Ruppert: Researchers at North Carolina State University have not only demonstrated the ability to remotely control cockroaches with an electronic implant but have now shown the ability to control the roaches with a Microsoft Kinect.
“Our goal is to be able to guide these roaches as efficiently as possible, and our work with Kinect is helping us do that,” said Dr. Alper Bozkurt of NCSU in a news release today.
I guess the Kinect isn’t only good for playing video games after all.
The Kinect is also being used by the researchers to collect data and detect how effectively the remotely controlled cockroaches respond to the electrical impulses that are used as the control system.
The end goal, according to the researchers, is to use the cockroaches to “explore and map disaster sites.”

A Drop Of Misogyny In A Sea Of Misandry + "Feminism as fucking usual! ..Ban Girlie Mags!" + Gillard FIRED, AVFM Speaks with Barry Williams

Typhon Blue: If you want a view of the "sea of misandry" watch this:

Arguments For God: The Cosmological Argument

Dumb money advantage + Silver smashed overnight $18.60


25 Jun 2013

17 Signs That Most Americans Will Be Wiped Out By The Coming Economic Collapse

By Michael Snyder: The vast majority of Americans are going to be absolutely blindsided by what is coming They don't understand how our financial system works, they don't understand how vulnerable it is, and most of them blindly trust that our leaders know exactly what they are doing and that they will be able to fix our problems.  As a result, most Americans are simply not prepared for the massive storm that is heading our way.  Most American families are living paycheck to paycheck, most of them are not storing up emergency food and supplies, and only a very small percentage of them are buying gold and silver for investment purposes.
They seem to have forgotten what happened back in 2008.  When the financial markets crashed, millions of Americans lost their jobs.

Irish PM promises probe against banksters who duped government with figures ‘picked from their arse’

By Max Keiser: I told Pat Kenny on his show last year in Kilkenny that Anglo-Irish bankers had the morals of pedophiles and were guilty of massive criminal acts. Hahahahahaha!!! I was right.  
Irish PM promises probe against banksters who duped government with figurespicked from their arse
RT: Irish officials has promised a state investigation into the 'arrogant' actions of Anglo Irish Bank, in which executives covered up their losses in order to secure large bail-outs from the government in the 2008-2009 financial crisis.