EUROPE

Aug 16 08:05

Russia Sanctions Blowback: EU Takes The Hit For USA

Russia Sanctions Blowback: Finland’s Largest Dairy Lays Off 800, Spain Seeks EU Aid, Poland Complains To WTO

Aug 16 05:43

MH370 and MH17 — Vanishing point…

Follow the engine wreckage. Follow the cockpit wreckage. Follow the motive. One cannot even imagine the tectonic geopolitical plates clashing were the Kiev regime to be deemed responsible. It would be the vanishing point for the whole – warped – notion of the Empire of Chaos’s “indispensable” exceptionalism.

First, passenger airliner MH370 vanished from Planet Earth. Then MH370 vanished from the news cycle. First, MH17 was shot down by “Putin’s missile” – as Planet Earth was told. Then MH17 vanished from the news cycle.

Where’s Baudrillard when we need him? Had he been alive, the dervish of simulacra would have already deconstructed these two Malaysian planes as mirror images; from absolute vanishing to maximum exposure, then vanished again. They might as well have been abducted – and shot – by aliens. Now you see them, now you don’t.

Aug 16 01:45

The Ukraine, Corrupted Journalism, and the Atlanticist Faith

The European Union is not (anymore) guided by politicians with a grasp of history, a sober assessment of global reality, or simple common sense connected with the long term interests of what they are guiding. If any more evidence was needed, it has certainly been supplied by the sanctions they have agreed on last week aimed at punishing Russia.

Aug 15 15:16

EU backs plans by member states to arm Kurds in Iraq

The EU’s foreign affairs council has said after a meeting in Brussels that some of the bloc's members will respond to the Iraqi Kurds' call for military aid, given they have Baghdad’s consent. The EU also reiterated its commitment to Iraqi unity.

Prior to the EU statement France said it will send weapons to the Kurds. France’s Foreign Minister Laurent Fabius said he had called for the meeting in Brussels Friday to push for more European help for the Kurds and the Iraqis in their fight against Islamic State militants.

Aug 15 15:12

Dutchman, 91, returns Holocaust honour to Israelis after six relatives killed in Gaza

“Over more than six decades I have however slowly come to realize that the Zionist project had from its beginning a racist element in it in aspiring to build a state exclusively for Jews.

Aug 15 14:07

EU Shot Itself in Foot With Russia Sanctions – Hungarian Prime Minister

The European Union shot itself in the foot by introducing economic sanctions against Russia, Reuters reported quoting Hungarian Prime Minister Viktor Orban’s Friday radio interview.

Aug 15 14:04

Russia Remains Finland’s Number One Trade Partner – Putin

Russia remains Finland’s number one trade and economic partner, but trade turnover shrinks due to political and economic difficulties, Russian President Vladimir Putin told his Finnish counterpart Sauli Niinisto Friday.

Aug 15 14:02

Spanish public debt tops €1 trillion-mark

Spain's public debt has topped €1 trillion ($1.3 trillion) for the first time, the central bank announced on Thursday, despite years of government-imposed austerity.

Aug 15 13:52

The whole eurozone is sick, not just France

Critics of France’s Socialist government were quick to point the finger at president François Hollande and his ministers on Thursday after the latest figures on the economy made for some sorry reading.

Aug 15 13:17

Niinistö, Putin meet today in Sochi

President Sauli Niinistö will make a working visit to Russia to meet President Vladimir Putin in Sochi on Friday, the presidential office announced on Thursday.

The office said the Ukraine crisis would be the core issue of discussions during the visit.

Niinistö told a press conference on Thursday afternoon that creating an open channel for discussion is important to resolve the Ukraine crisis peacefully.

“As we all know, the situation in Ukraine is very dangerous,” said Niinistö, adding that many of his western colleagues hoped that Finland could act as a peace mediator.

Aug 15 10:05

Spanish public debt tops one trillion euros

Spain’s public debt has topped one trillion euros ($1.3 trillion) for the first time, the central bank announced Thursday, despite years of government-imposed austerity.

The nation’s accumulated public debt mushroomed to 1.007 trillion euros at the end of June from 996 billion euros a month earlier, the Bank of Spain said in a report.

Prime Minister Mariano Rajoy’s government has struggled to contain annual deficits by raising taxes, freezing public salaries and curbing spending on services such as education and health care despite angry street protests.

Though the annual deficits are on the decline, they continue to push up the sovereign debt of the eurozone’s fourth-largest economy. The public debt figure includes the cost of a 41-billion-euro banking rescue in 2012 financed by Spain’s eurozone partners.

Webmaster's Commentary: 

The problem with such a Ponzie scheme is that it cannot remain stable forever, and there will be a hard and fast point when their economy (and ours) will collapse.

Aug 15 08:55

Russian pilots uninvited from Swiss air show

Swiss neutrality is a joke. Gonna get cold up there in those Alps without Natural Gas!

The Swiss defence ministry has decided to cancel participation by Russian pilots and aircraft in the Air14 air show. It based its decision on its policy of “exercising restraint in the area of military contacts” with Russia.

Aug 15 08:45

France rebels against austerity as Europe's recovery collapses

France’s finance minister sends tremors through European capitals with a defiant warning that his country would no longer try to meet deficit targets

Aug 15 08:33

Sweden braces for first snowfall

No sooner have Swedes packed up their deck-chairs, closed up their cabins and returned to the cities than the first snow is set to fall, according to a fresh weather forecast on Friday.

Swedish weather agency SMHI predicts that that the first snowfalls of the season will arrive during Friday night as the plunging mercury turns rainfall over the Lapland highlands into the white fluffy stuff.

Aug 15 07:56

Euro-Zone Growth Grinds to a Standstill

Aug 15 07:38

Food import ban harmful for both the EU and Russia

Russia's neighboring countries such as Lithuania, Finland, and Denmark will suffer the most from the sanctions as their exports are largely dependent on Moscow, Lianne Van Den Boss food analysts at Euromonitor told RT.

Aug 15 06:42

Poland readies complaint to WTO over Russian embargo

Don't buy Polish apples,buy American apples if there are any!
You can't sell your apples in Russia any more because you care more about pleasing dc then you do about your own people!

Polish Agriculture Ministry has prepared a formal complaint to the World Trade Organization (WTO) over the Russian ban on exports of agricultural goods from the European Union, according to the Minister Marek Sawicki.

Sawicki confirmed on Monday its being handled by Deputy Prime Minister Janusz Piechoci?ski, who is responsible for WTO cooperation and that in the coming days “the complaint will be handed over further.”

Aug 15 06:38

EU Farmers to Lose $16 Billion As Russians Support Food Embargo!

By the time this plays out the US may find itself under world wide quarantine...until it gets better or passes on!

MOSCOW, August 14 (RIA Novosti) — The EU commissioners are seeking ways of reducing the harmful impact that Russia's food import ban is causing the European economy, although it is early to speak of exact numbers of losses, experts say.

"We still feel it's a little bit soon to discuss the cost implications. We are looking at every product individually," said Roger Waite, a spokesman for the EU’s executive Commission, earlier this week as cited by the International Business Times.

Aug 15 06:34

China to start direct sales of fruit and vegetables to Russia

Putin signed deals with numerous countries before and after the Russian sanctions were announced. Russia wont suffer but Europeans will suffer for the US government and their stupid dictatorial policys! BRRR! Gonna be a cold winter!

China will start selling fruit and vegetables directly to Russia, and Baorong company plans to set up a special logistics center in Dongning on the border with Russia’s Far East to do it.

The announcement comes after Russia introduced a 1-year ban on imports of some agricultural products from the EU, US, Australia, Canada, Australia and Norway last week. If it lasts, it could cost European Union members $16 billion, Vygaudas Usackas, the EU ambassador to Russia, estimated.

On Thursday the EU is holding a meeting to assess the possible effect of Russia’s sanctions on its farmers.

Aug 15 06:17

EU sanctions like 'shooting oneself in the foot' - Hungary PM

Hungarian Prime Minister Viktor Orban has urged a rethink of the European Union’s sanctions policy toward Russia, saying the measures are like “shooting oneself in the foot.”

“The sanctions policy pursued by the West, that is, ourselves, a necessary consequence of which, has been what the Russians are doing, causes more harm to us than to Russia,” Reuters quoted Orban as saying on the radio, he added “in politics, this is called shooting oneself in the foot.”

Aug 15 05:16

Has Clinton Made Her Second Pro-War Mistake?

Cease fire talks between Israel and Hamas have been extended for an additional five days.

The extension in the talks was made possible because Hamas is standing firm in its humanitarian demand that Israel lift the siege on Gaza, while Israel is feeling the negative worldwide vibes over its massive military assault.

The vibes are negative everywhere, that is, except in the U.S., where in an Atlantic interview, former U.S. Secretary of State Hillary Clinton appeared to kick off her 2016 presidential campaign with a ringing endorsement of Israel’s massive assault on the Palestinians of Gaza.

For his part, as the man who holds the reins of responsibility, President Obama has called a halt to U.S. Hellfire missile shipments to Israel until arrangements are made to clear with the White House all future transfers of Hellfire missiles.

Read more...

Aug 15 05:09

Mourning Rubble for Gaza

I hoped that some might find value in this.

When darkness overcomes us

And Hope lies in the past

What in our hearts sustains us?

How do we make love last?

When our weakness overwhelms us,

And we watch as children die,

How can we breathe this still foul air?

What makes us even try?

Read more...

Aug 15 04:43

Dutchman who saved Jew returns medal to protest Gaza deaths

A Dutch man who risked his life to save a Jew during the Holocaust gave back a medal he received for his actions in order to protest Israel’s actions in Gaza.

Henk Zanoli, 91, returned his medal to the Israeli embassy in The Hague after a member of his family died in an Israeli strike in Gaza, the Haaretz daily reported Friday.

Zanoli and his mother were recognized by the State of Israel and its Holocaust commemoration authority, Yad Vashem, in 2011 for hiding a Jewish child in their home from 1943 to 1945.

A great-niece of Zanoli is a Dutch diplomat whose husband was born in the al-Bureij refugee camp in central Gaza. Last month an Israeli bomb killed several members of his family, Haaretz reported.

Aug 14 22:33

The Beginning of World Shift

Russian Strategy in the Face of Anglo-American Imperialism
by Thierry Meyssan
Voltaire Network | Damascus (Syria) | 13 August 2014

Anglo-Saxon agression against Russia is taking the form of financial and economic warfare. However, Moscow is preparing for armed hostilities by developing its agricultural self-sufficency and multiplying its alliances. For Thierry Meyssan, after the creation of the caliphate in the Levant, Washington would lay down a new card in September in St. Petersburg. The ability of Russia to maintain its internal stability will determine the course of events.......

Aug 14 15:26

EU Farmers To Lose $16 Billion as Russians Support Food Embargo

Poland, Norway and Netherlands are among the "hardest-hit" economies due to the Russian food import ban, according to the International Business Times. Poland and Norway annually export over one billion dollars in agricultural goods to Russia, while Netherlands, Spain, Germany and Demark, supply about $850 million in food to the Russian market each year.

Aug 14 12:55

Ukraine Passes Russian Sanctions Law: Gas Transit Halt Seems Imminent

The Ukrainian parliament approved a law on Thursday to impose sanctions on Russian companies and individuals "for financing terrorism." As Reuters reports, Prime Minister Arseny Yatseniuk told parliament that "by approving the law on sanctions, we showed that the country is able to protect itself." The first 'threat' though - that European energy companies would have to agree major contract revisions when purchasing Russian natural gas, potentially disrupting supplies in the coming winter months - seems suicidal... and EU leaders are not happy.

Aug 14 12:09

Putin Says The Petrodollar Must Die, "The Dollar Monopoly In Energy Trade Is Damaging Russia's Economy"

On one hand, despite initial weakness following Europe's triple-dip red alert, futures declined only to surge higher after some headline or another out of Russia was again spun to suggest imminent Ukraine de-escalation (something which Russia whose only interest is to keep crude prices high, has absolutely zero interest in), perpetuating a rumor which was set off by a Russian media outlet tweet last week that has sent S&P futures over 50 higher in less than a week on... nothing.

On the other, Putin just said the following, which no matter how one spins it, shows precisely how Russia is inclined vis-a-vis future (un-de-counter) escalations.

PUTIN SAYS RUSSIA SHOULD AIM TO SELL OIL AND GAS FOR ROUBLES GLOBALLY, AS DOLLAR MONOPOLY IN ENERGY TRADE IS DAMAGING ECONOMY

Webmaster's Commentary: 

BRILLIANT! Putin out-thinks the US again! By charging Roubles for Russia's oil, Putin will force European countries to have to trade Euros for Roubles, leaving the US dollar high and dry.

The US cannot complain about Russia selling its oil for the Rouble without telegraphing to the world that all these wars of conquest have been about keeping the global oil trade in US dollars only.

Aug 14 08:48

Debt Rattle Aug 12 2014: The Lost Art of Empire

....perhaps help is on its way, from sources that are likely even more unlikely than the cavalry. That is to say, the – right-wing – Daily Telegraph in Britain has started reporting on the dark sides of Ukraine’s government, and our attitude towards the country. Over the weekend, Christopher Booker wrote:

Fresh Evidence Of How The West Lured Ukraine Into Its Orbit

How odd it has been to read all those accounts of Europe sleepwalking into war in the summer of 1914, and how such madness must never happen again, against the background of the most misrepresented major story of 2014 – the gathering crisis between Russia and the West over Ukraine,

For months the West has been demonising President Putin, with figures such as the Prince of Wales and Hillary Clinton comparing him with Hitler, oblivious to the fact that what set this crisis in motion were those recklessly provocative moves to absorb Ukraine into the EU. There was never any way that this drive to suck the original cradle of Russian identity into the Brussels empire was not going to provoke Moscow to react – not least due to the prospect that its only warm-water ports, in Crimea, might soon be taken over by Nato.

Aug 14 07:18

NATO is desperate for war

All hail Ukraine as the new Somalia; a fitting Frankenstein created by the exceptionalist Empire of Chaos.

The North Atlantic Treaty Organization is desperate; it is itching for a war in battlefield Ukraine at any cost.

Let’s start with Pentagon supremo, US Defense Secretary Chuck Hagel, who has waxed lyrical over the Russian Bear’s “threat”: “When you see the build-up of Russian troops and the sophistication of those troops, the training of those troops, the heavy military equipment that’s being put along that border, of course it’s a reality, it’s a threat, it’s a possibility – absolutely.”

Aug 14 05:15

Obama: Netanyahu “Too Strong” to Make Peace

In order for peace to ever occur between Israel and the Palestinians, Israeli Prime Minister Benjamin Netanyahu needs to be weakened, United States President Barack Obama asserted.

In an interview with the New York Times’ Thomas L. Friedman, the president said that Netanyahu was “too strong” and Palestinian Authority President Mahmoud Abbas [Abu Mazen] was “too weak.”

According to Obama, in order for Netanyhau to come to the negotiating table and make concessions, the prime minister needs to feel more pressure from his cabinet and Israelis.

The president pointed to the fact that Netanyahu’s “poll numbers are a lot higher than mine,” which “were greatly boosted by the war in Gaza.”

Obama argued that “if he [Netanyahu] doesn’t feel some internal pressure, then it’s hard to see him being able to make some very difficult compromises, including taking on the settler movement.”

Aug 14 04:49

Russia’s food embargo making EU squeal even louder

Austria is warning of catastrophic falling prices, and the Netherlands is saying losses could be triple initial estimates. A third of Lithuanian milk producers say they are facing problems.

The wholesale price of a kilogram of fruit or vegetables could halve due to excess supply, the Austrian newspaper Salzburger Nachrichten cites Rupert Gsols, a federal coordinator of the Austrian Union of Market Gardeners.

There is a bumper crop of European apples in 2014; around 12 million tons against the normal 10-11 million tons. About 370,000 tons are harvested in Poland.

The economic damage to the Netherlands from the Russian boycott could be triple the original estimate and reach €1.5 billion, Dutch News cites Hans de Boer, the chief of VNO-NCW Dutch employers' organization.

Aug 13 18:41

The mammoth global “free trade” agreement you’ve never heard of

'It is astounding that at a time when we are still reeling from the devastating consequences of reckless financial deregulation, our governments are negotiating further deregulation of the financial sector, solely in the interests of large financial corporations.'

Here's what we know: Fifty countries, including the United States, the EU nations, Australia, Canada, Hong Kong, Japan, Switzerland, Taiwan, and Turkey, have been in TISA talks since 2012. The resulting agreement will set the terms for almost 70 percent of global trade in “services”: everything from banking and construction to telecom and tourism.

The public got its first glimpse of the treaty on June 19, when WikiLeaks published a draft of the agreement's chapter on financial services. It wasn't pretty.

READ FULL ARTICLE: http://inthesetimes.com/article/17065/tisa_tpp_and_ttip

Aug 13 18:25

ISIS, Israel and US duplicity

The US government claims it has launched several air strikes against ISIS, these are the same ISIS militants that the US and its client states are supporting in Syria; the same breed and stock of militants they let loose like wild dogs to lynch Gaddafi and wreak havoc in Libya.

Aug 13 15:53

ISIS, Israel and US duplicity

Mainstream media wants us to believe ISIS sprung up out of a hole in the ground and became powerful enough to take over large cities without any assistance from the big powers. The ineptitude of that narrative is an insult to everyone’s intelligence.

The US government claims it has launched several air strikes against ISIS (Islamic State of Iraq and the Levant) militants in Iraq. These are the same ISIS militants that the US and its client states are supporting in Syria; the same breed and stock of militants they let loose like wild dogs to lynch Gaddafi and wreak havoc in Libya.

Aug 13 15:27

Russia Sanctions Blowback: Finland's Largest Dairy Lays Off 800, Spain Seeks EU Aid, Poland Complains To WTO

Well that didn't take long. Mere day after Russia announced its ban on Western nation food imports, European countries are scrambling (as we explained why here). Greece has already expressed dismay, but now Spanish officials will meet with EU leaders to discuss offsetting the country’s estimated up to $800 million in food and agriculture losses due to sanctions. Poland is pissed and has complained to the WTO claiming "Russia has broken international law in both its embargo;" and Finland's largest dairy producer has announced 800 layoffs due to the sanctions. When does Europe tell Washington - enough!

Aug 13 12:48

Eurozone woes deepen as Spain's industry slumps

Hopes for a recovery in the eurozone suffered another blow on Wednesday with figures showing industrial output fell for a second successive month.

Production declined across the 18 eurozone members by an average 0.3%, with a return to growth in France and Italy offset by falls in Ireland and the Netherlands and slow progress in Germany, which struggled to 0.2% growth.

Spain was the worst hit of the currency bloc's major economies with a 0.8% drop in industrial production. It also suffered the sharpest drop in shop prices for five years, undermining Madrid's claim that a rebound in employment last month was a clear indication of the country's return to sustained growth. Spanish consumers have proved reluctant to spend on the high street while unemployment remains at around 25%, forcing shops to offer bigger discounts in July than June.

Aug 13 12:06

Pentagon Adding New Tanks, Vehicles to Massive Cache in Norway Caves

Pentagon officials today confirmed a plan to send massive amounts of new tanks and armored vehicles to the Norwegian countryside to be stashed inside of a series of caves in case the US wants to use them in wars in the region.

Webmaster's Commentary: 

Norway?!?

Aug 13 11:40

EU gives go-ahead to states sending arms to Iraqi Kurds

The European Union failed on Tuesday (12 August) to agree on a joint position on supplying weapons to Iraqi Kurds battling Islamic State militants, but said individual members could send arms in coordination with Baghdad.

Aug 13 10:37

Washington Chokes Truth With Lies — Paul Craig Roberts

Are Western propagandists fooling anyone but themselves?

The latest absurdity coming out of Ukraine, the EU and Washington is that the humanitarian aid that Russia and the Red Cross are trucking into the former Russian territories that comprise eastern Ukraine is a trick, a deception, a pretext for Russia’s invasion forces. Such a preposterous lie tells us that Western propagandists have no respect whatsoever for the intelligence of Western peoples.

Even a moron should understand that if Russia wants to send military forces into Ukraine, Russia doesn’t need any pretext, much less a joint humanitarian venture with the Red Cross. The eastern Ukraine, following Crimea’s lead, has already voted both independence from Kiev and in favor of rejoining Russia. If Russia needed an excuse, the decisions by the eastern Ukrainians made months ago suffice. But Russia needs no excuse to rescue Russians from being slaughtered by Washington’s stooges like Palestinians in Gaza.

Aug 13 02:42

Boycott Israel: Now More Than Ever

It bears repeating. Committed ordinary people can make a difference. It’s the only way constructive change is possible. Bottom up alone works. Never top down. Israel’s day of reckoning awaits.

For many decades, Israel waged genocidal war against millions of defenseless Palestinians with impunity.

Accountability is long overdue. High crimes against peace were committed. Culpable Israeli officials must be punished to the full extent of the law.

The global boycott, divestment and sanctions movement for freedom, justice and equality works. Applying them with stepped up teeth more than ever is vital.

Aug 13 02:22

Israel furious as UN unveils Gaza probe team

Israel lashed out on Tuesday after the UN Human Rights Council named the man who will be running an inquiry into its Gaza offensive.

Canadian international lawyer William Schabas, who will head the commission, is widely regarded in Israel as being hostile to the Jewish state over reported calls to bring Prime Minister Benjamin Netanyahu before the International Criminal Court.

Aug 12 21:47

Latin America will not bow to EU pressure, will tighten ties with Russia

The EU is reportedly planning to put pressure on Latin America to stop it from boosting its agricultural exports to Russia. In response to sanctions, Moscow imposed a food embargo on a range of EU products, and countries like Brazil and Chile are being canvassed to step in and fill the gap.

Aug 12 17:26

Spain seeks EU compensation over Russian food ban

Spain will meet with EU officials Thursday to discuss offsetting the country’s estimated €337 million in food and agriculture losses due to blocked access to the Russian market.

Aug 12 15:17

Economic damage from Russian boycott could be triple original estimate

The economic damage from the Russian boycott of Dutch food products could reach €1.5bn, Dutch employers' organisation VNO-NCW chief Hans de Boer said on Tuesday.

Last Thursday Russia announced a ban on the import of fruit, vegetables, meat, fish and dairy products from countries which support the sanctions imposed on the country by the EU and US.

Earlier calculations of the damage were €500m but De Boer said this is too optimistic. 'That calculation did not take into account the Dutch dealers who operate from eastern Europe,' he told broadcaster Nos.

Aug 12 13:44

Polish Ambassador’s #FreedomApples Appeal

Webmaster's Commentary: 

You should read the comments on this!

Mine is: This flood of produce into the US to save Europe will create a surplus, riving down prices. That will be good for the US consumer but will destroy our domestic producers of those same items, who will be unable to pay the mortgages on their farms and orchards, setting them up to have their properties foreclosed on by the bankers.

Aug 12 11:27

NATO sees “high probability” of Russian invasion in east Ukraine

NATO said on Monday there was a “high probability” that Russia could launch an invasion of eastern Ukraine under the guise of a humanitarian operation, but a defiant President Vladimir Putin said Moscow was sending an aid convoy into the country.

With Ukraine reporting Russia has massed 45,000 troops on its border, European Commission President Jose Manuel Barroso also warned Putin against any military intervention in the country.

The past week has seen increasingly urgent warnings from Kiev and Western countries that Putin appeared to be planning an invasion.

Western countries said Putin – who has whipped up the passions of Russians with a relentless nationalist campaign in state-controlled media since annexing Ukraine’s Crimea peninsula in March – could invade to head off a humiliating rebel defeat.

Webmaster's Commentary: 

For the Zillionth time: Russia did not annex Crimea; after the legitimate government in Kiev was overthrown in a putsch, the Crimean government, through a free and fair referendum of its people, chose to join the Russian Federation: Crimea was not annexed, and Russia has done absolutely nothing wrong here.

And why is NATO that concerned about Ukraine, when Ukraine is not even a NATO member?!? That may change in September, because on September 4th and 5th, NATO holds its next summit in Wales, but as of 12 August, 2014, Ukraine is not a NATO member.

But other than accusations, NATO has absolutely no credible evidence that Russia would even begin to invade Ukraine; and why in heaven's name would Putin do this?!? There is absolutely zero strategic benefit to Russia's invading Ukraine.

But right now, with the fog of war so thoroughly saturating the geopolitical atmosphere now, it is clear that the US government wants a war against Russia, to prevent the collapse of the the US dollar (or have a war to blame it on, when the dollar collapses), and the economic ascendance of both the Russian ruble, and the Chinese yuan.

Were I a betting person, I would not bet against the US creating some kind of false flag event, to be blamed on the Russian government as a "justification" for war against it.

Perhaps a false flag attack in Ukraine may be considered the best and fastest impetus to having Ukraine join NATO as quickly as humanly possible.

Aug 12 06:55

Coordinated Collapse

Aug 12 06:48

Hillary Clinton’s Criminality in Benghazi

Last week, former Secretary of State and presumed Democratic 2016 presidential nominee Hillary Clinton writes that her handling of the Benghazi crisis of September 11, 2012 actually provides more impetus for a White House run.

Rather than trotting around the book circuit claiming the mantle of White House frontrunner thanks to her inaction and malfeasance in Benghazi, she should be sitting in the defendant’s chair in a court of law.

The question for Hillary Clinton is not whether she should be president. The question is whether she should be in prison.

Aug 12 06:43

NYT Discovers Ukraine’s Neo-Nazis at War

Now, as the Ukrainian military tightens its noose around the remaining rebel strongholds, battering them with artillery fire and aerial bombardments, thousands of neo-Nazi militia members are again pressing to the front as fiercely motivated fighters determined to kill as many ethnic Russians as they can. It is a remarkable story but one that the mainstream U.S. news media would prefer not to notice.

The New York Times reported almost in passing on Sunday that the Ukrainian government’s offensive against ethnic Russian rebels in the east has unleashed far-right paramilitary militias that have even raised a neo-Nazi banner over the conquered town of Marinka, just west of the rebel stronghold of Donetsk.

Read more

Aug 11 18:01

Ukraine Considers Restricting Russian Gas Deliveries To Europe

Ukraine is planning to impose sanctions on Russia that might include an effort to starve its larger and richer neighbor of income by stopping the flow of Russian gas through Ukraine to customers in Western Europe.

Ukrainian Prime Minister Arseniy Yatsenyuk told reporters on Aug. 8 that his government is proposing sanctions against 172 citizens from Russia and other countries, as well as 65 Russian companies “for financing terrorism” by supporting the efforts of Russian separatists in eastern Ukraine.

Aug 11 08:13

Ebola Threat To Illegal Immigrant Calais Camps

Medical experts have predicted that the illegal immigrant camps of Calais will soon be hit by Ebola, according to the Sunday Express. The camps, which are filled with African immigrants desperate to make it over the English Channel, are already rife with diseases like scabies.

Now they could become the frontline in Britain’s fight against Ebola as immigrants from countries like Liberia and Sierra Leone arrive daily. The camps are particularly dangerous because people live in such close proximity, ideal for the spread of Ebola.

Aug 10 15:00

Russian sanctions begin to bite in the Netherlands

The Russian sanctions imposed on Thursday against western countries are already beginning to bite in the Netherlands, Dutch media report on Friday.

The Financieele Dagblad reports that 300 trucks carrying vegetables and fruit have already been refused entry at the Russian border.

The effects are also being felt at the Zaltbommel trade auction where prices are already falling.

Aug 10 08:05

ECB gets ready to pump cash into eurozone as fears rise over recovery

Mario Draghi says preparatory work in place for quantitative easing to combat deflation and economic stagnation

Webmaster's Commentary: 

And we have seen how well quantitative easing has worked here in the US!

Aug 09 09:36

Bildt troubled by Russian food sanctions

Putin is aiming the sanctions at those who imposed sanctions against Russia, namely the 28 EU members, plus Norway, the US, Canada and Australia. The sanctions are against such food items as meat, fish, poultry, dairy, fruit and vegetables.

According to news agency Reuters, the food items Russia imported last year but which are now included in the sanctions amounted to about US$ 23.5 billion, of which about US $32 million came from Sweden.

Putin's decision surprised many because, according to the newspaper European Voice, almost 40 percent of Russia's food imports come from EU countries.

Aug 08 07:53

Farmers 'will need EU aid after sanctions'

Minister for Agriculture Andrä Rupprechter (People's Party/ÖVP) has said the European Union should help Austrian farmers who suffer financial losses due to EU sanctions over Russia.

Webmaster's Commentary: 

"No problem, we'll just get the US Government to take a bunch of money from the American people again!"

Aug 08 07:19

Russia “already turning away trucks at border”

Catalan producer association Afrucat is urging its members not to send lorries to Russia until the situation regarding the ban on EU imports has been fully clarified, following reports that trucks laden with fruits and vegetables are already being refused entry at border crossings.

Aug 07 14:17

European stocks fall on Russia

Europe's main stock markets fell, weighed down by concerns of escalating tensions between the West and Russia, after the ECB left its monetary policy unchanged.

Frankfurt's main DAX index dropped 1.0 per cent to 9,038.97 points, while in Paris the CAC 40 tumbled 1.36 per cent at 4,149.83 points, compared with Wednesday's close.

London's benchmark FTSE 100 index shed 0.58 per cent to 6,597.37 points after the Bank of England also chose to hold its key interest rate at a record low.

Aug 07 07:20

Ebola death toll hits 932 as 1,711 cases confirmed, WHO says

Also on Wednesday, Health Minister Beatrice Lorenzin denied reports circulating on the Internet that migrants have brought Ebola to Italy.

Webmaster's Commentary: 

With a ten to twenty one day incubation period, Lorenzin cannot know that for a fact, and with Italy's government seen by the Italians as no more trustworthy that the US Government is seen by Americans, official denials only add to the suspicions surrounding that story earlier this year that several migrants had been quarantined in Italy with Ebola symptoms.

Aug 06 09:58

IMF: Bulgaria is among the worst affected countries by sanctions against Russia

The report pointed out that Bulgaria is among the countries that may be affected the most by sanctions against Russia. Direct foreign investments from Russia in the banking sector, energy, metallurgy, etc exceed 5% of the GDP of Bulgaria, as well as Belarus, Moldova and Montenegro.?
Due to problems with the construction of the South Stream gas pipeline, Bulgaria, Hungary, and Serbia may be left without investments, a report by the International Monetary Fund (IMF) stated, Duma daily writes.

Webmaster's Commentary: 

SMOOTH MOVE, US GOVERNMENT!!

Forgive me, but is a pathological inability to think things through to their logical conclusion now a prerequisite for working for the federal government?!?

Aug 06 09:43

Online petition urges ‘Nuremberg for Israel’ over ‘genocide of Palestinians’

Hundreds of Italians have signed an online petition slamming Israel's actions in the Gaza Strip as a “slow genocide” of the Palestinians and demanding a "Nuremberg trial" for Israel over the “destruction” of Palestine.

The petition was signed by 525 Italians, mainly academics, Haaretz reported. The signees say they are dismayed by the events in Gaza and accuse Israel of pursuing colonial policies and "ethnic cleansing" of the Palestinians.

Webmaster's Commentary: 

"Yes, Israel is pursuing colonial policies and 'ethnic cleansing' of the Palestinians. That is what we do! But is is anti-Semitic and hate of the Jews for you to mention it!" -- Nodding Yahoo

Aug 05 11:33

Ebola: 'All African Migrants Should Be Quarantined ' Says Italian Councillor

An Italian politician has suggested migrants who reach the Mediterranean country from northern Africa should be put under quarantine over the risk of Ebola contagion.

Fabio Rolfi, a councillor with the xenophobic, anti-immigration Northern League party, urged health authorities in Milan's Lombardy region to apply the preventive measure to the thousands of migrants who travel to the industrialised north of Italy after arriving in the south via boat.

The suggestion sparked widespread criticism and was labelled as "racist" and "useless" by other councillors.

Webmaster's Commentary: 

An apparent victory of political agenda over common sense!

Aug 04 07:38

G-20 Revolt? France Gets "Positive Reception" To Challenge US Bank Fines

In recent weeks France has defied US demands not to build Mistrals for Russia, has questioned dollar imperialism and the Petrodollar, and has blasted the US banking regulator's fines as "accelerating the decline of the dollar." So it is likely not a huge surprise that ahead of the G-20 meeting of world leaders later in the year, The FT reports, France has gathered support to challenge US regulators imposing heavy penalties on foreign banks.

Aug 04 07:36

NATO exerting pressure, not interested in MH17 investigation – Russia’s mission

Without waiting for MH17 crash investigators’ conclusions, NATO chief is eager to blame anti-Kiev forces, thus “exerting pressure” on the international team while providing no evidence to back the claims, Russia’s mission to NATO said.

The Russian mission to NATO has said that the bloc's Secretary General, Anders Fogh Rasmussen “decided not to wait until the end of #MH17 investigation” to blame the anti-Kiev forces for shooting down the plane, referring to Rasmussen's comments in Sunday's interview with the French Midi Libre.

Aug 03 07:22

Ukraine May Soon Acquire High-Precision Weapons – Russian Senator

EU's decision to lift ban on exports of military technology and equipment to Ukraine may soon result in Kiev acquiring high-precision weapons to be used in the country’s east and also in Russia, a member of the Russian Federation Council Committee on Defense and Security, Valery Shnyakin, said.

“Ukraine may get high-precision weapons that may be used against militia and against Russia,” Shnyakin said, adding that during the operation the Ukrainian army “may cross the Russian state border.”

Aug 02 11:02

UK Parliamentary Defense Committee demands NATO Prepare for Confrontation with Russia

The UK’s parliamentary Defence Committee has demanded that Western military powers strengthen NATO to prepare for confrontation with Russia.

The report by the cross-party group of Conservative, Labour and Liberal Democrat MPs complains that the “NATO alliance has not considered Russia as an adversary or a potential territorial threat to its Member States for twenty years” and has now only been “forced to do so as a result of Russia’s recent actions” in eastern Ukraine.

In the interim, NATO alliance has been weakened as member states have cut their defence budgets leaving it “ill-prepared” to face up to Russian “aggression” and potentially lacking the “collective political will to take concerted action…”

Webmaster's Commentary: 

Forgive me, but has the UK's Parliamentary Defense Committee gone collectively barking mad, or are they suffering from SMD (Selective Memory Disorder)?!?

Let's take a look at the timeline here.

1. Ukraine's duly elected government was sacked in a putsch, and a Western/European/Central European Bank-enabled junta was installed.

2. Without a duly elected government in Kiev, Crimea had a free and fair referendum enabling to become attached to the Russia Federation.
Please remember: Russia did not ANNEX Crimea: the people of Crimea voted to rejoin Russia, a country to which it had always been attached until the mid-50s when it was annexed to Ukraine by Nikita Khrushchev.
3. Russia has done absolutely nothing wrong in this case; it cannot possibly be seen as the aggressor. There is no gathering of troops or equipment on the Ukrainian/Russian border, and OCSE officials are saying that there are no violations of the border from the Russian side.
4. The Western-backed Poroschenko, however, has been lobbing bombs on areas of Eastern Ukraine, and killing civilians. This is a war crime. He refuses to negotiate, or even hear their grievances. His military also has been lobbbing bombs into Russian territory.

The only "threats" Russia (and ultimately, China) present is economic. This is about preventing more trade the the ruble and the yuan, period, end of discussion.

A shooting war against Russia would be absolute, utter madness.

And if you want any evidence of "how well" NATO is doing militarily, all you have to do is look at their performance in Afghanistan, over the last 13 years and counting, and that should give you a clue as to how well they would do against Russia, which is to say, terribly badly.

Aug 01 09:56

Citing Holocaust, Israel Demands ‘Strict Regulation’ of Antiwar Protests in Europe

A new Holocaust is imminent, if one is to believe Israeli MPs, who spent the afternoon berating European officials about the growing antiwar protests across their countries, centered on criticizing the Israeli invasion of the Gaza Strip.

Officials blamed “one-sided” media reports on the large number of dead civilians in Israel’s attack, and demanded the European Union impose “strict regulations on the format and content” of antiwar demonstrations going forward.

Webmaster's Commentary: 

Aug 01 08:49

Putin Explains That Russian Sovereignty Under Attack By The Global Elite

Any nation that is part of an alliance gives up part of its sovereignty. This does not always meet the national interests of a given country, but this is their sovereign decision. We expect our national legal interests to be respected, while any controversies that always exist, to be resolved only through diplomatic efforts, by means of negotiations. Nobody should interfere in our internal affairs.

However, ever more frequently today we hear of ultimatums and sanctions. The very notion of state sovereignty is being washed out. Undesirable regimes, countries that conduct an independent policy or that simply stand in the way of somebody’s interests get destabilised. Tools used for this purpose are the so-called colour revolutions, or, in simple terms – takeovers instigated and financed from the outside.

Jul 31 09:11

EU sanctions some of Russia's biggest banks, including #1 Sberbank

The European Union has imposed sectorial sanctions on five Russian banks, including the country’s biggest, Sberbank, as part of economic steps that Europe, along with the US, have taken against Moscow over the crisis in Ukraine.

The list, published Thursday, includes Sberbank, VTB Bank, Gazprombank, Vnesheconombank (VEB) and Russian Agriculture Bank (Rosselkhozbank).

These financial entities will be banned from raising capital on the EU’s capital markets.

Webmaster's Commentary: 
Jul 31 08:58

US aircraft 'violates' Swedish airspace

A mystery airplane that passed over Swedish airspace recently has been revealed as an American aircraft, sources revealed on Thursday.

Jul 30 06:10

Swedish banks walk tightrope with sanctions

News agency Reuters reports that the EU has agreed on a sanctions package against Russia, over its role in Ukraine, on Tuesday. The details of the sanctions package will be finalized and released on Wednesday. The sanctions target the finance, defence and energy sectors.

The sanctions are initially set to last one year but a review will take place after three months, to judge their effectiveness. The sanctions were decided to only target future contracts, leaving existing contracts intact, like France's delivery of helicopter carrier warships to Russia.

According to Reuters, one of the sanction with the most impact will ban Europeans from buying new bonds or shares issued by banks owned 50 percent or more by the Russian state.

Jul 30 05:51

Crime (Israel) and punishment (Russia)

So Obama, Merkel, Cameron, Hollande and Italian Premier Matteo Renzi - let's call them the Fab Five - get on a video conference call to muster their courage and "increase pressure" asking for a cease-fire in Gaza. Later in the day, Israel's Benjamin "Bibi" Netanyahu delivers his answer, in plain language: he remains dead set on achieving his version of a Final Solution to Gaza. [1] With or without "pressure".

So what's left for the Fab Five after having their illustrious Western collective behinds solemnly kicked? They decide to dump Gaza and instead sanction Russia - again! How brilliant is that as an exit strategy?

Jul 29 13:33

Obama: ‘Not a new Cold War,’ but new Russia sanctions announced

President Obama announced a new round of U.S. sanctions against Russian banks and a shipbuilding company Tuesday, saying Russia must pay an increasingly high price for its military aggression in Ukraine and the downing of a passenger jet.

The penalties follow tougher sanctions agreed to by European Union leaders earlier in the day.

“Today is a reminder that the United States means what it says,” Mr. Obama said in a statement on the South Lawn of the White House. “It didn’t have to come to this. There continues to be a better choice.”

Webmaster's Commentary: 

Jul 25 06:42

European Central Bank hacked, personal data stolen

Hackers have stolen personal information from the European Central Bank (ECB) in what seems to be a blackmail scheme. The stolen data includes email addresses and contact information taken from the organization's database.

“There had been a breach of the security protecting a database serving its public website,” ECB said in astatement on Thursday. “This led to the theft of email addresses and other contact data left by people registering for events at the ECB.”

Around 20,000 email addresses were stolen, according to media reports.

The hacked database serves the public website and gathers registrations for conferences and other visits. It is “physically separate from any internal ECB systems.”

Webmaster's Commentary: 

And the NSA can't find these guys either!

Jul 22 08:40

EU to present extended Russian sanctions on Thursday – Ashton

Last week, before Malaysia flight MH17 crashed, Europe declined to follow the US move and expand sanctions.

Webmaster's Commentary: 

And there is a motive for the US to help Kiev shoot down flight 17 and lay the blame on Russia!

Jul 21 09:39

JIM WILLIE BOMBSHELL: IT HAS BEGUN- GERMANY TO BREAK FROM US/UK, JOIN RUSSIA/CHINA ALLIANCE! . . . remember where you first heard this — yesterday, actually :)

The Germans have had enough, fed up with destructive US activities of all kinds. For the last few months, they have been laying out their indictment, their justification, their reasons to abandon the corrupt US-UK crowd. The bank wreckage, the market rigging, the endless wars, the sanctions which backfire, the sham monetary policy, the economic sabotage, the spying, the gold gimmicks, it has finally reached a critical level.

Germany has begun to move East in full view. Only the deaf dumb and blind cannot notice, and they will probably never notice. They are fodder.
The awaited signals seen by the Jackass have finally arrived.

Berlin is outraged by clear USGovt spying, and in process of conducting a Gold audit among their population. Germany is building motives to split from the Euro Monetary Union (common Euro currency) by forging stronger open ties with Russia & China. The justification is becoming plainly laid out, in four perceived indictment charges.

Jul 21 09:27

Norwegian MP calls for boycott of Israel over its Gaza offensive

Sunday, 20 July 2014 12:41Norwegian labor parties supported a call by a member of parliament to boycott Israeli products against the backdrop of the deadly Israeli onslaught on the Gaza Strip, Anadolu agency reported Sunday.

Labor Party MP and chairwoman of the defence and foreign affairs committee in the Norwegian parliament, Anniken Huitfeldt, has earlier called for boycotting Israeli products which Israel manufactures on occupied territories.

Huitfeldt demanded the government to implement the boycott as soon as possible "without wasting time." Six other parties endorsed Huitfeldt's call.

Jul 18 10:06

Jim Willie BOMBSHELL: It Has Begun- Germany to Break From US/UK, Join Russia/China Alliance!

Berlin is outraged by clear USGovt spying, and in process of conducting a Gold audit among their population. Germany is building motives to split from the Euro Monetary Union (common Euro currency) by forging stronger open ties with Russia & China.

Jul 18 08:15

Killing Russian Journalists in Ukraine is Organized Effort – Willy Wimmer

There is fear spreading through Europe of the specter of war, fuelled by aggressive war propaganda by the West in their attempt to demonize Russia. In Germany, for the first time, people do not trust their mass media. All over Europe appearing strange fascist parties. The blind drive by the US in pursuit of their geopolitical objectives in Europe and in Ukraine has placed the entire European continent in an unstable and extremely dangerous position.

Webmaster's Commentary: 

There is a good reason for the US to focus their war-making efforts on Europe. During WW2, the United States was the only industrialized nation to escape bombing. For twenty years after WW2, the rest of the world had to come to the United States to purchase the machine tools to rebuild their own industry, and of course, during that time, consumers in other countries had to buy industrially-produced goods from the United States as well. Together with the Breton-Woods agreement forcing the use of the dollar for all global trade, the United States made out like a bandit economically. But over the last 30 years, manufacturing in the United States has declined. At the end of WW2 there were thirty American companies manufacturing TV sets. Today there are none. Asian electronics rule the world. Asian and European cars outclass those produced in America.

The goal for the US Government in WW3 is not only to force the world back to the US dollar but to trigger wars in industrial regions that compete with US industries, to smash them and force the world back into a period of dependence on American manufacturing.

Jul 15 21:14

9 EU countries ready to block economic sanctions against Russia

France, Germany, and Italy are among EU members who don’t want to follow the US lead and impose trade sanctions on Russia. US sanctions are seen as a push to promote its own multibillion free-trade pact with Europe.

“France, Germany, Luxembourg, Austria, Bulgaria, Greece, Cyprus, Slovenia, and EU President Italy see no reason in the current environment for the introduction of sectorial trade and economic sanctions against Russia and at the summit, will block the measure,” a diplomatic source told ITAR-TASS.

In order for a new wave of sanctions to pass, all 28 EU members must unanimously vote in favor. EU ministers plan to discuss new sanctions against Russia at their summit in Brussels on Wednesday, July 16. Even if only one country vetoed, sanctions would not be imposed. With heavyweights like France and Germany opposed to more sanctions the measure will likely again be stalled, the source said.

Jul 15 09:01

NATO estimates Russia has 10,000-12,000 troops near Ukraine border

Russia has been building up its forces again along the Ukrainian border and now has an estimated 10,000-12,000 troops in the area, a NATO military officer said on Monday.

Russia withdrew most of the 40,000 troops it had close to the border earlier this year, reducing them to fewer than 1,000 by mid-June. But since then, it has been building up its forces again, the officer said, speaking on condition of anonymity.

Webmaster's Commentary: 

IF, in fact, this report is accurate, why was the person giving this information hiding behind the cloak of anonymity?!?

So far, NATO has been absolutely incapable of coming up with credible information as to what the Russian troop strength is on their side of the Ukrainian border.

Jul 15 07:03

Portugal Contagion Spreads: Espirito Santo To Default On Portugal Telecom Loan, Business Lending Drops Most On Record

Despite reassurances from US asset-gatherers and TV 'personalities' that Portugal must be fixed (because US equities are up), it is anything but. Today's triple whammy from the 'recovered' Portugal starts with Banco Espirito Santo bonds and stocks hitting new record lows (down over 10% more on the day). The contagion has rippled across to Rioforte, which controls Grupo Espirito Santo's non-financial arm - and is likely to default on a EUR 847 million payment to Portugal Telecom. And just to add further salt to that wound, Portuguese business lending in May collapsed at a record pace (down 8.23%). But apart from that, yeash Portugal is all fixed and their sovereign bonds are worth every penny...

Jul 15 06:18

The Real Purpose Of The IMF

The International Monetary Fund was set up in 1945, describing itself as an “organization of 188 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.”

This all sounds very laudable, but in reality the IMF has a very different purpose from that which is stated. If you look at the history of the IMF’s intervention in countries around the world you will see a trail of disaster and looting that repeats time and time again wherever they go.

Jul 14 08:26

Robbing Peter

On 16th March 2013, the banks of Cyprus, with the approval of the Cyprus Government, the European Commission, the European Central Bank, and the International Monetary Fund, confiscated private savings of accounts exceeding €100,000.

At the time, there were two readings of the unanimous approval by four bodies. As the confiscation was presented to the public, the unanimous approval implied that the confiscation was above board. To those who looked a bit deeper, however, the unanimous approval meant that, not only had the four bodies clearly been working on the plan for some time, behind closed doors, but it also demonstrated that all four bodies colluded to steal a significant amount of privately owned money.

Jul 12 09:06

Have Polish mercenaries been hired by Ukraine-USA Government to kill Eastern Ukraine civilians ???

Defence Minister of the self-proclaimed Donetsk People’s Republic Igor Strelkov (real name Igor Girkin) summed up the latest military situation in the Donetsk region during a press briefing in Donetsk, Saturday.

He said troops manning a pro-Kiev checkpoint located between Ilovaisk and Amvrosiyevka could have been Polish mercenaries, since, he said, “they were wearing insignia of the Polish Army.”

Jul 11 08:46

Bulgaria's Central Bank Revokes License of Corporate Commercial Bank

The Bulgarian National Bank (BNB) is to suspend the license of troubled Corporate Commercial Bank (KTB) and to nationalize its subsidiary, Credit Agricole Bulgaria.

BNB is also to transfer citizens' and companies' assets held in KTB into Credit Agricole Bulgaria, where money from Bulgaria's Deposit Insurance Fund (DIF), which protects personal and corporate deposits up to EUR 100 000.

At the same time, some BGN 3.5 B (EUR 1.75 B) seem to be "missing" from the bank, public broadcaster BNR quoted the central bank's Governor Ivan Iskrov as saying.

It is the 3.5-billion-worth gap that changed BNB's "initial plans" to help KTB to recuperate after stepping into its management to avoid a further crisis, he explained.

Jul 10 09:29

Germany clears path for EU to directly fund ailing banks

he EU’s bailout fund has moved closer to being able to directly pump money into troubled banks after the German government introduced a bill allowing direct bank recapitalisation.

The German government has introduced a bill allowing the EU’s bailout fund to directly fund struggling banks

The draft law will now require approval in the Bundestag, but is planned to enter into force in November.

“This is an important step to stabilise our financial sector … and to increase further the trust in our common European currency,” said finance minister Wolfgang Schaeuble on Wednesday (9 July).

He added that the law would help “rule out the risk that the taxpayer would have to accept liability, as in the financial crisis”.

Webmaster's Commentary: 

The question has to be asked: how many EU banks are in deep financial trouble, and by how much?!?

Jul 10 07:47

Germany Blesses “Bail-In” Deposit Confiscation Plan For Failing EU Banks

One year earlier than required, the German government approved plans to force creditors into propping up struggling banks across Europe. As WSJ reports, Germany “leads the way” in Europe by implementing European rules quickly and “creates instruments that allow the winding-down of big systemically relevant institutions without putting the financial stability at risk.” What this means is that taxpayers (theoretically) will not be on the hook (though in reality we are sure the mutually assured destruction defense will be played – especially if Deutsche runs into problems) but as German authorities explain, “This ensures that in times of crisis mainly owners and creditors will contribute to solving the crisis, and not taxpayers.” As a gentle reminder – creditors includes depositors… remember Cyprus?

Webmaster's Commentary: 

"Hey, if the FED can take our gold, then the banks can take your savings accounts! Fair is fair!!"

Jul 09 08:47

NATO Chief Warns of Duplicity by Putin on Ukraine

The secretary general of the NATO alliance warned on Tuesday that Russia was playing a “double game” in Ukraine, issuing conciliatory public statements while massing its forces along the border and smuggling arms and equipment to separatists inside eastern Ukraine.

“There’s no doubt that Russia is heavily engaged in destabilizing eastern Ukraine, and they continue their activities,” said the secretary general, Anders Fogh Rasmussen, in an interview shortly after meeting with President Obama at the White House.

Speaking in unusually blunt terms, Mr. Rasmussen, whose term ends in October, warned the West not to be fooled by moderate statements by President Vladimir V. Putin, who he said was trying to fend off another round of economic sanctions.

“Don’t make any mistake, it’s pure tactics,” Mr. Rasmussen said. “He keeps open the option to intervene if necessary.”

Webmaster's Commentary: 

Having absolutely zero credible evidence to support his claims doesn't seem to bother this guy at all.

And he appears to be blissfully in the throes of SMD (selective memory disorder), as he appears to not at all remember that the duly elected government of Ukraine was thrown out via a Western/US/EU putsch, and Poroshenko was installed as President.

When that happened, the Crimean Parliament decided to have a referendum (considered free and fair by international observers, BTW) through which they decided to rejoin Russia.

They had always been a part of Russia, historically, until the 50s, when Nikita Khrushchev, himself an ethnic Ukrainian by birth, annexed Crimea to be part of Ukraine.

Russia did absolutely nothing wrong here.

But Poroshenko has been playing picador against Russia, just as hard and fast as he dares, and it is obvious that he is goading Russia almost to its breaking point.

So far, Putin has been very reserved in his response.

However, there may be a day coming when Putin will feel he has no other response than a military one against Ukraine, which will pit the US/Europe/NATO/Ukraine against Russia.

I would like to politely point out to those precious few adults in the bowels of power in Europe, NATO, and the US that this combination does not have the troop strength, the money, or the manufacturing to insure a positive outcome to a conventional war against Russia. Moreover, instead of spending globs of money on programs that promise much, but don't deliver (let's say,as in the case of the F-35), Russia has spent more wisely on its weapons systems.

I can almost smell the fog of war coming to this region; a bitter, acrid, foul smell of discharged weapons, co-mingled with that of blood, ultimately shed for which pretty little printed piece of paper becomes the world's primary fiat currency.

Jul 09 07:18

Portugal's Largest Bank Misses Bond Payment; Bonds Collapse

Brussels, we have a problem. As we warned 6 weeks ago, Espirito Santo International SA - is in a "serious financial condition" according to a central bank driven external audit by KPMG identified "irregularities in its accounts." Sure enough, the 'ponzi-like' maneuvers have left the bank unable to pay its bonds as Bloomberg reports bonds plunged to record lows after a parent company delayed payments on short-term notes.

Jul 08 08:22

Currency Wars - Europe Seeks Alternative To 'Dollar Imperialism'

Today in Brussels the French Finance Minister, Michel Sapin, will start a debate with his EU counterparts on how the European Union can reduce its dependency on the U.S. dollar. Should the discussion find traction it may contribute to the ongoing monumental shift in global monetary economics with the gradual decline of the dollar as the global reserve currency.

Mr Sapin said in an interview with The Financial Times, “We [Europeans] are selling to ourselves in dollars, for instance when we sell planes. Is that necessary? I don’t think so. I think a rebalancing is possible and necessary, not just regarding the euro but also for the big currencies of the emerging countries, which account for more and more of global trade.”

The U.S. dollar has enjoyed reserve currency status for most of the past 70 years. This status confers enormous power to the dollar and allows the U.S. government to fund its trade deficits at very low cost.

Webmaster's Commentary: 

Today's meeting could put the US dollar into an industrial-strength world of hurt.

The DOW and NASDAC appear to be on a strong downward spiral at this point in the morning.

Jul 07 08:25

Austria audits off-shore gold reserves

After growing public pressure among Austrians who have been sceptical about the continued existence of their country's gold reserves at the London bank, Austrian National Bank governor Ewald Nowotny confirmed at the end of May that an audit would take place.

"I acknowledge the request. Any grocery store is obliged to do inventory once a year. It is the only way of getting rid of these unreasonable allegations,” said Nowotny.

The web site Goldreporter.de states that Austria officially owns 280 metric tonnes of gold, of which 17 percent are kept in the country. Of the remainder, some 150 tonnes are believed to be stored in London.

In recent years, a rising number of sceptics have expressed concern about the continued existence of European gold deposits, especially those belonging to Germany that were being held by the US Federal Reserve.

Jul 07 07:00

Spain Issues Retroactive 0.03% Tax on Bank Deposits to "Boost Economic Growth and Job Creation"

Via translation from Libre Mercado, Spain will retroactively tax bank deposits to January 1, 2014 stating the move will boost growth and job creation.

Jul 05 09:49

NATO to set up Strategic Communications Center in Latvian capitalRead more: http://voiceofrussia.com/news/2014_07_02/NATO-to-set-up-Strategic-Communications-Center-in-Latvian-capital-3040/

Officials of Latvia, Estonia, Italy, Lithuania, Poland, Britain, and Germany have signed a memorandum on setting up NATO’s center for strategic communications in Riga, the capital of Latvia, TASS reports.

Webmaster's Commentary: 

So, NATO is setting up its "Ministry of Propaganda" in Latvia, ahead of....what?!? A military attack against Russia?!?

Please, dear God, NO!!

And after all the governmental lies about the last US/NATO FLUSTERCLUCK in Afghanistan, the codswallop emanating from such a military propaganda outlet will not believed at all, fact checked, and questioned constantly by the Independent Media.

It will be a complete, total waste of money; money which could be much more honorably spent by fixing the broken bodies and lives of those people (particularly kids) who have been maimed for life in the 13 year old occupation of Afghanistan.

Jul 05 09:34

Largest Austrian Bank Crashes After “Revealing” 40% Surge In Bad Debt Provisions, Record Loss

Austria’s largest bank by assets, and the third biggest bank in Eastern Europe after UniCredit and Raiffeisen, announced that, oops, its earlier forecast about the amount of bad loans on its books is wrong, and will have to rise by a massive 40%, leading to what will be a record $2.2 billion loss, and triggering writedowns.

Shareholders, not used to being told the truth and instead preferring sweet, little lies, promptly took the stock to the woodshed.

Webmaster's Commentary: 

I wonder just how badly the rest of the European economy will react to this next week, and the American economy as well; the dealings of large private banks are very inter-related, and yesterday was a holiday for the US stock markets.

Jul 04 17:48

Largest Austrian Bank Crashes After “Revealing” 40% Surge In Bad Debt Provisions, Record Loss

Austria’s largest bank by assets, and the third biggest bank in Eastern Europe after UniCredit and Raiffeisen, announced that, oops, its earlier forecast about the amount of bad loans on its books is wrong, and will have to rise by a massive 40%, leading to what will be a record $2.2 billion loss, and triggering writedowns.

Shareholders, not used to being told the truth and instead preferring sweet, little lies, promptly took the stock to the woodshed.

Jul 01 10:36

NATO chief to move forces from U.S. to Europe to respond to Russia in Ukraine

NATO’s top military commander said Monday that American troops from the United States will be dispatched to Europe starting in October to help respond to Russian aggression in Ukraine.

Air Force Gen. Philip M. Breedlove, supreme allied commander of the Western military alliance, said the U.S.-based troops will buttress American forces that have already been moved in recent months from Germany, Italy and elsewhere in Europe for stepped-up ground and air patrols in the three Baltic countries of Latvia, Lithuania and Estonia, plus Poland and Romania.

“It’s a very momentous time in Europe, probably the most since the end of the Cold War, especially because of the recent changes wrought by Russia,” Breedlove told reporters at the Pentagon.

Webmaster's Commentary: 

A memo to General Breedlove; sir, forgive me, but are you suffering from SMD? (Selective Memory Disorder)?

IF so, I am very sorry to hear it, but permit me, please, to lay down a little timeline for you.

On February 22nd, the duly elected President of Ukraine, Viktor Yankovych, was thrown out of office in a western/US sponsored putsch.

On the 6th of March, 20134, the Crimean Parliament requested to become part of the Russian Federation, and that was confirmed by a vote in what observers characterized as a clear and fair election. And sir, it is obvious that, as in the Sam Cooke song that starts, "don't know much about history...", you do not have a clue as to the history of this region. It was annexed by Khrushchev, himself an ethnic Ukrainian in the mid-50s, but always had strong historical ties to Russia before that. This was a choice made by the people of Crimea: Russia did not "annex" this territory.

3. In May of 2014, Petro Poroshenko, a pro-European, pro-ECB supported was elected President of Ukraine. He continues to slaughter his own people as I type this in Eastern Ukraine, and will not negotiate with any of the groups looking for more autonomy. The picture to the right of this article documents just how wonderfully this is going for the innocent people whose homes have been bombed to smithereens by Poroshenko's "scorched earth" policy. General, please take a good, hard look at this woman, probably in her late 50s or early 60s; she will never, ever get her life back, ever again, for the rest of her lifetime. This is Poroshenko's doing.

Russia has done absolutely nothing which at all deserves to be demonized, when it is the US and the West which supported the coup which drove the last duly elected president of Ukraine and replaced him with "one of their own."

And lastly, sir, please be aware; in the age of a 24/7 news cycle, in the new era of the bloggers, the "big lie" technique no longer works; one can time the destruction of such a lie with a stop watch these days.

So please, stop lying to the American people and the world about who started this mess, and about unprovable numbers of Russian forces allegedly massing on their side of the Russian/Ukrainian border, particularly when Putin has invited OCSE observers to watch what is happening from the Russian side.

Sorry sir; this dodo-bird is pure lead, in terms of completely non-factual, and will not fly.

Jun 30 12:32

US creates time bomb situation in Russia: Analyst

The decades-old eastward expansion of the US-led NATO is a provocative act as it infringes upon Russia’s sovereignty and territorial integrity, an analyst writes for Press TV.

Jun 30 09:39

The European Union prepares the ‘solidarity clause’ framework for military use against citizens

The use of the “European Gendarmerie Force” (EUROGENDFOR) is made ??possible by the “solidarity clause” as Heise reported. At the unit, headquartered in Vicenza, Italy, all EU Member States are involved, the Gendarmerien, so police forces with military status are used. One of the founding countries of the EUROGENDFOR include Portugal, Spain, Italy, France and the Netherlands. We provide our services to the police unit of the EU, NATO or the UN.

“The ‘solidarity clause’ is redundant, since the EU already has mechanisms for mutual assistance in case of disasters. Secondly, the clause amplifies the course to a militarization of domestic politics, since upon request military can be used in another Member State.

Webmaster's Commentary: 

If I were a citizen of any EU country where these laws apply, I would be contemplating a very quick migration elsewhere, particularly if I had children and skills.

Dictatorship arrives softly, generally in small, stealthy increments, before you even know it is there. And by the time you realize what has happened, it is too late to change things, or to run.

Jun 30 09:18

Mini Tax Havens: How Europe’s 1% Gets To Pay Only 1%

Something completely out of the ordinary happened in Spain this week: a politician resigned. His name is Willy Meyer and he was, until Wednesday morning at least, a Member of the European Parliament (MEP) and European Parliamentary leader for Spain’s ostensibly far-left party “Izquierda Union.”

The reason for Meyer’s resignation is that he was caught funneling his parliamentary pension contributions into an EU-sponsored investment fund commonly referred to as a SICAV (standing for Société d’Investissement à Capital Variable) – an investment vehicle that Meyer’s own party has long pledged to ban.

Jun 30 07:17

Watch Out for that Banana Peel

Recently, the EU announced that it is looking into legislation to allow the savings of EU citizens to "be used to fund long-term investments to boost the economy and help plug the gap left by banks since the financial crisis."

Sounds reasonable enough. But why would legislation be needed? It's perfectly legal for people to invest their savings in such ventures now, should they choose to do so.

Let's see what else the EU have to say: They are considering a law "to mobilize more personal pension savings for long-term financing." Mobilise? An odd term to use when discussing privately held savings. It could mean "encourage investment," or it could just as easily mean "confiscate." The former might be okay, but the latter would clearly not.

Jun 29 15:21

Greece Riot 29/06/2014

Jun 29 09:47

EU Gives Russia Three Days to De-Escalate Ukraine Crisis, Threatens Sanctions

The European Council on Friday said it would give Moscow three days to de-escalate the situation in Ukraine, or it will impose new sanctions against Russia, according to a statement published Friday.

The European Council also set conditions for the de-escalation.

"The European Council expects that by Monday 30 June the following steps will be taken: Agreement on a verification mechanism, monitored by the OSCE, for the ceasefire and for the effective control of the border; return to the Ukrainian authorities of the three border checkpoints (Izvarino, Dolzhanskiy, Krasnopartizansk); release of hostages including all of the OSCE observers; launch of substantial negotiations on the implementation of President [Petro] Poroshenko's peace plan," the statement reads.

Webmaster's Commentary: 

Russia cannot de-escalate the situation, because it is not involved in the situation between Ukraine and Eastern Ukraine in the first place!

The US and the EU escalated the situation by overthowing the legally elected President in Ukraine and replacing him in a political putsch.

And President Poroshenko, "the chocolate king"?

Please.

This guy is so crooked that he has to screw his socks on in the morning.

It appears to me that the logical conclusion to all of this will be a shooting war between the US, EU, and NATO on one side, and Russia (and perhaps China) on the other. Unfortunately, I see this situation escalating rapidly.

Yesterday, Moody's cut Russia's outlook to "negative", and economic sanctions have cut Russia's access to global financial capital, which may prove a strain on the country's economy.

And this will most probably go nuclear very quickly, because the EU/NATO/US alliance doesn't have the money, the manufacturing, or the troop strength to insure a positive outcome to a conventional war against Russia.

Jun 29 08:23

The European Union prepares the ‘solidarity clause’ framework for military use against citizens

The EU creates a legal framework for Europe-wide deployment of police and military units . At the same time, the EU Commission is working intensively on the creation of a single EU police unit as well as an EU public prosecutor (more here ).

The use of the “European Gendarmerie Force” (EUROGENDFOR) is made ??possible by the “solidarity clause” as Heise reported. At the unit, headquartered in Vicenza, Italy, all EU Member States are involved, the Gendarmerien, so police forces with military status are used. One of the founding countries of the EUROGENDFOR include Portugal, Spain, Italy, France and the Netherlands. We provide our services to the police unit of the EU, NATO or the UN.

“The ‘solidarity clause’ is redundant, since the EU already has mechanisms for mutual assistance in case of disasters. Secondly, the clause amplifies the course to a militarization of domestic politics, since upon request military can be used in another Member State.

Jun 29 08:22

US pressured Denmark to close Kurdish TV so Rasmussen would become NATO chief – lawyer

The US put pressure on Danish authorities to close the Kurdish Roj TV channel in order to appease Turkey. This was done so Anders Fogh Rasmussen's position as NATO secretary general would be secure, the station's lawyer told RT amid WikiLeaks revelations.

WikiLeaks documents released back in March suggest Rasmussen abused his powers during his time as Denmark's prime minister, in order to secure his future job.

Jun 27 11:04

EU Gives Russia Three Days to De-Escalate Ukraine Crisis, Threatens Sanctions

The European Council on Friday said it would give Moscow three days to de-escalate the situation in Ukraine, or it will impose new sanctions against Russia, according to a statement published Friday.

Webmaster's Commentary: 

The US and EU created this mess, but want to blame it all on Russia!

Jun 27 08:21

Spain, Italy warn citizens against doing business with settlements

Nations join France, U.K. and Germany in advising against legal and financial risks.

Jun 26 08:40

Sweden probes Ship to Gaza boardings

A Swedish prosecutor has launched an investigation into whether international laws were broken when Israeli soldiers boarded Gaza-bound ships operated by the Sweden-based activist group Ship to Gaza.

Jun 26 08:40

Sweden looks into Israeli boarding of Ship to Gaza

Henrik Attorps is to investigate what happened, reports news agency TT. The crimes suspected are grevious bodily harm, serious threat, serious robbery and also crimes against international law.

The last crime relates to Geneva Convention rules on protecting civilians during armed conflict. The prosecutor says no individuals have been tied to any of the suspected crimes.

Eleven Swedes were present during each boarding, which happened in international waters.

Jun 26 05:49

Spanish mayor charged for setting town ablaze

A Spanish mayor has been charged for setting a town on fire after ignoring a fireworks ban. The illegal pyrotechnics resulted in a massive hillside blaze, which forced some residents of the town to evacuate from their homes.

Despite a ban, which had been implemented because of an extremely high risk of forest fires, Mayor Ernesto Sanjuan gave the go ahead for a fireworks display on April 26 in the town of Cullera in southeastern Spain. Sanjuan was charged along with the display’s organizer, Andreu Piqueras, who are both members of Spain’s ruling People’s Party.

Jun 26 05:38

Bank Runs in Bulgaria

Now we have bank runs in Bulgaria. The entire fabric is coming undone and this is part of the fuel that sends everything into chaos and the risk of war as tensions rise and people blame someone else be it rich, foreigners, bankers, or corporations. This is the time where clear reasonable thinking and solutions become impossible.

The IMF is now urging the ECB to start buying government bonds of the member states. They have no solutions but the same old bad of tricks. There is nobody even capable of thinking out of the box in a position of power. We are plagued by lawyer-politicians in the total absence of anyone with experience in international money management – the void of experience and statesmanship.

Webmaster's Commentary: 

The ECB is buying up bonds the same way the FED is buying Treasury bills; with money created out of thin air, which may make the books look balanced but drives the people deeper into poverty as the value of the currency they are paid plunges from the hyperinflation.

Jun 25 09:56

EU wants stronger military industry

The European Commission on Tuesday (24 June) laid out plans on how to boost the EU’s military and defence industries.

It wants to create a single market on defence, make it more profitable, and intensify and merge research with the civil sector.

Antonio Tajani, the EU industry commissioner, said greater defence collaboration is needed between member states to enable the EU to “adequately face its security challenges”.

Tajani described the plan in terms of helping the EU pull itself out of the economic crisis.

“It is vital that the European defence industry remains a world-leading centre for manufacturing and innovation, creating highly qualified jobs and growth,” he said in a statement.

The commission says budget cuts, the crisis, and a fragmented internal market are threats to the industry and the EU’s overall defence capabilities.

It notes the sector in 2012 employed 400,000 people and generated a €96 billion turnover.

Webmaster's Commentary: 

It appears that the EU is working toward a perpetual war model of its economy; to say that this is more than somewhat alarming is like saying the Titanic took on a little ice!!

Jun 24 07:10

Polish MPs ridicule Cameron's 'stupid propaganda' aimed at Eurosceptics

The Polish foreign minister believes David Cameron has "fucked up" his handling of the EU by resorting to "stupid propaganda" to appease Eurosceptics, according to an expletive-laden transcript of secretly taped conversations.

Radoslaw Sikorski, who is close to many senior Tories and as an Oxford University student was a member of the Bullingdon Club at the same time as Boris Johnson, made the comments in a conversation with the former Polish finance minister Jacek Rostowski.

Jun 24 06:31

EU decision to ban imports from Crimea made under US influence

"It is a dead-end stance to punish citizens for the opinion on what country they should be in," he said.

The EU decision to ban imports from Crimea was made under US influence, Aksyonov said. "General agitation over Crimea's accession to Russia has calmed down in the EU. As far as I understand in this case the US authorities push this stance," he said.

Crimea's accession to Russia is irreversible, he said.

Webmaster's Commentary: 

"I can reverse it. I will reverse it. I am omnipotent!" -- Official White Horse Souse

Jun 23 13:30

Russia Today reports on Polish FM's "blowjob" comment.

Jun 23 09:33

Import the law: EU to send Kosovo-style mission to Ukraine

“A political decision has been taken today to send a two-year mission. It will be created immediately and deployed in a short time,” Lithuanian Foreign Minister Linas Linkevicius told journalists on Monday on the sideline of an EU ministerial meeting in Luxemburg.

The minister didn’t offer any detail on the number of European specialists to be sent to Ukraine or the scope of their authority.

The EU has experience with sending its officials to have an input on governance practices and reforms in places like Somalia, Congo or Mali. The biggest is the EULEX Kosovo mission, which is second only to Brussels in the number of EU civil servants serving in one place.

Webmaster's Commentary: 

So, the EU... is going to do to Ukraine what they have done in Kosovo?!?

Let's look at those results, shall we, as reported at refworld.org, and originally published by Human Rights Watch:

Human rights protection remains weak in Kosovo. Despite reforms, the justice system continues to have a large backlog. Ethnic minority communities, Roma, Ashkali, and Egyptians in particular, continue to suffer discrimination. Journalists and human rights defenders were subjected to threats and attacks during 2013. Justice system reform enacted in January restructured the courts in an attempt to address the years-long case backlog. A new criminal code also entered into force in January, without three contested provisions deemed to restrict media freedom. In the first nine months, EULEX judges handed down five war crimes judgments, reaching acquittals in all but one case. The September acquittal of Fatmir Limaj and nine others in a case concerning the 1998 mass murder of Serb and Albanian civilians in Klecka by Kosovo Liberation Army (KLA) forces illustrates weaknesses in Kosovo's witness protection program and challenges to prosecute crimes committed during and after the war. Testimony from a key witness, found dead in a park in Germany in December 2012, in what police called a suicide, was first ruled inadmissible and then, in the retrial, contradictory and unreliable. In June, three men were sentenced to six, four, and three years respectively for beating and torturing Kosovo Albanian civilians illegally detained in the KLA Llapashtica detention center between 1998 and 1999. In October, the EULEX special prosecutor charged 15 people with war crimes against civilians and prisoners in 1998 at a KLA detention center in Likovac. Hundreds of cases are pending before the Kosovo Special Prosecution Office, the War Crimes Investigative Unit of the Kosovo Police, and EULEX. At time of writing, 13 arrest warrants were outstanding concerning Serbs who are believed to reside outside Kosovo. EULEX continues to investigate 94 war crimes cases from the 1998-1999 Kosovo war, including massacres in Meja, Dubrava, and Krusha thought to involve more than 1,000 victims. At the end of August, the Human Rights Review Panel (HRRP), an independent body set up in 2009 to review allegations of human rights violations by EULEX staff, handed down 15 decisions, finding violations in 5 cases. In the case concerning attacks by Kosovo Police and ethnic Albanians against Serbs during the 2012 Vidovdan Serbian religious holiday, the HRRP found that EULEX had failed to allocate adequate resources to provide protection or to conduct an effective investigation into allegations of human rights abuse. Freedom of Media Journalists continue to face a hostile environment. In May, a gas bomb was thrown into the house of the editor-in-chief of Radio Television of Kosovo, the public service broadcaster, causing damage but no injuries. Kosovo authorities condemned the attack and police were investigating. At time of writing, no arrests had been made. In June, a mixed panel of Kosovo and EULEX judges acquitted former Mayor of Skenderaj Sami Lushtaku; the former owner of Infopress, Rexhep Hoti; its former editor-in-chief, Avni Azemi; and two other journalists of threats against Jeta Xharra, the director of BIRN, a regional news group. The court held that the 12 news items where Infopress referred to Xharra as "a Serbian spy," and "embassy slut," in response to a BIRN TV program dealing with alleged mismanagement in Skenderaj where Lushtaku was mayor at the time, did not pose a threat to Xharra.

Oh yes, EULEX will do a grand job here in Ukraine; just as they have done in Kosovo!!

Jun 23 06:45

Leaked tape has Polish FM comparing ties with US to giving oral sex

The Polish Foreign Minister believes his country’s alliance with the US is worth nothing and compared his government’s stance to giving oral sex and receiving nothing in return, a Polish magazine said, citing a leaked recording of a private conversation.

Jun 22 06:37

Cameron faces defeat in bid to thwart Juncker European presidency

David Cameron is to demand that fellow EU leaders explain their decision to back Jean-Claude Juncker as the next European Commission president this week after they appeared to give up on finding an alternative.

Downing Street made clear last night that the prime minister, angry at attempts to push a decision through in the face of UK opposition, will force an unprecedented vote at an EU summit on Friday and ask heads of government to explain why they are not willing to consider other names.

Jun 22 06:36

Report: Polish minister says US ties worthless

A Polish magazine says it has obtained recordings of a conversation in which Foreign Minister Radek Sikorski says the country's strong alliance with the U.S. "isn't worth anything" and is "even harmful because it creates a false sense of security."

Jun 22 06:07

Establishment is Afraid of End The Fed Movement in Germany

Webmaster's Commentary: 

Check out 4:40 where they report that the German media is declaring anyone opposed to private central banking is an anti-Semite! This is a repeat of an editorial we saw here in the US a few weeks back that claimed a desire to live free of debt was anti-Semitism, and a very angry email I received that "reminded" me that the Talmud says Hod gave the Jews all the money on Earth and the Goyim may only borrow it at interest!

Jun 20 07:43

IMF ready to ask ECB to begin quantitative easing

The managing director of the International Monetary Fund is expected to launch an appeal to the European Central Bank on Thursday, urging it to deal with deflationary risks by beginning a form of quantitative easing, the Financial Times newspaper reported.

That would include large purchases of sovereign bonds to stimulate growth, the newspaper said Wednesday, citing a draft of a statement from the IMF based on its annual evaluation of the eurozone’s economic health.

Webmaster's Commentary: 

After all, look how well it worked in the US!

Jun 19 08:13

Russia can switch to payments with India, China in national currencies crushing dollar amid sanctions - experts

The European economy, experts point out, still remains in the grip of a crisis, while China, for example, is prosperous. The West, including the US, has begun to curtail the profitable relations with Russia on the background of Ukrainian problems, which has nothing to do with the East. And business always develops in the environment of stability and mutual interest. It is reasonable that at present the Russian economy – that is investments, exports, imports and technology – is speeding up its advance in the eastern direction, President of the Centre of Strategic Communications Dmitry Abzalov says. Instead of America and Europe, our target is South-East Asia now.

Jun 19 07:58

Europe Bracing Itself for Worst-Case Gas Scenario

In the wake of Russia's decision to switch Ukraine to prepayment for gas starting Monday, the European Union is planning a new round of negotiations as the danger of supply disruptions to Europe heightens.

European officials say, however, that the bloc is currently far better prepared to cope with shortages than it was back in 2009, when a dispute between Ukraine and Russia disrupted gas supplies to Europe.

"Much has changed [since 2009]. We did a lot to improve the security of gas supplies. There are interconnections between member states; we have more reverse flow options. It is easier to help each other if necessary," European Commission spokeswoman Sabine Berger said.

Europe on average depends on Russia to supply a third of its gas, half of which goes through Ukraine, so only 15 percent of EU supplies are endangered.

Jun 19 07:36

Protests banned as 120 snipers line up to protect Spanish crown

As Prince Felipe gets ready to be crowned the new King of Spain, two demonstrations and two concentrations planned for Thursday have been banned, thousands of extra police officers brought in and 120 snipers prepped to protect the ceremonial event.

It seems Spanish authorities are a tad nervous of demonstrations against the monarchy Thursday, when the new King Felipe VI is set to be crowned.

Having declared it illegal to hold any form of anti-monarchy protest or demonstration, the government will be deploying more than 6,700 police and civil guard officers in and around the area during the proceedings. They even had to import around 4,000 officers from around Spain to swell the ranks including the said 120 snipers.

Jun 19 06:35

Banks may have to raise new capital

The possibility of the domestic banks having to raise new capital following the ECB stress tests "cannot be precluded" even though AIB, Bank of Ireland and Permanent TSB all passed the Central Bank’s Balance Sheet Assessment (BSA) at the end of 2013, according to the IMF in its latest review of the Irish economy.

Webmaster's Commentary: 

"Well, gee; just look at all that cash sitting in those savings accounts!"

Jun 19 06:33

Crown Prince Felipe of Spain takes the throne

Crown Prince Felipe of Spain took the throne at midnight (2 am, Moscow time), becoming King Felipe VI and facing the challenge to save the image of Spain’s royals and settle problems facing the nation.

Jun 18 07:31

Obama’s pledge to boost US military in E Europe a provocative move: James Jatras

President Barack Obama’s pledge of providing $1 billion to boost the US military presence in Eastern Europe is an “unnecessary and provocative action,” an American political commentator says.

“I think this is a very pointless move. There is no threat to any of the NATO members in the Eastern Europe. This I think is an unnecessary and provocative action, James Jatras said during a phone interview with Press TV on Tuesday.

Jun 17 09:28

REVOLUTION IN POLAND! The police attacked anti-government demonstration!

Manifestation of growing in strength, are organized in many cities: Warsaw, Krakow, Wroclaw, Szczecin, Poznan, Katowice, Rzeszow, Lublin, Bydgoszcz, Torun, Opole and many other cities.
People have had enough of the rule of Prime Minister Tusk.
Country and nation is robbed . recent days leaked to the press recordings from hidden microphone.Leading ministers talk with the president of the Polish National Bank on the aid of the party ruling, ''PO'' in exchange for the head of the finance minister, and promised to introduce laws dictated by the President of the National Bank .
From the recordings we learn that the Minister for Infrastructure, Mr. Nowak cheating office to revenue and lowers income. It's only a few threads and they are many.

Jun 15 07:19

EU presidential hopeful blind drunk on Europhilia?

The European Parliament is having a hissy fit about the new president of the European Commission. That job is currently held by Jose Manuel Barroso, the one-time Maoist who had a brief stint as Portuguese prime minister, delivering precisely none of the reforms the nation needed before its spectacular economic failure required a bailout. However, by that stage Barroso was one of the presidential crew on a handy US$30,000 per month. Provided he never says a bad word against the EU so long as he lives, he stands to get a rich pension too. Not bad for a career overseeing failure.

Jun 14 07:25

Italy's Five-Star Movement joins UKIP

Jun 13 10:14

‘Pastafarians’ fail to win official religious recognition in Austria

Pastafarianism, a movement set up partly to ridicule organised religion, has failed to win official recognition from Austria's religious authority.

The Kultusamt authority ruled Wednesday that the "Church of the Flying Spaghetti Monster" was not a proper "Church" because it is not a Christian religious community.

The organisation was founded in the United States to poke fun at religious dogma and to campaign against the teaching of creationism in schools, and now has chapters in several other countries.

Webmaster's Commentary: 

The tomato sauce of the Flying Spaghetti Monster was shed for your sins!

UPDATE: Scandal engulfs the Pastafarians! The remains of 800 meat balls have been discovered in an unmarked mass grave outside one of the Pastafaraian homes for unmarried cooks!

Jun 13 09:49

US quietly sending in elite military units to train former Soviet bloc states amid annexation of Crimea

As the North Atlantic Treaty Organisation (Nato) refocuses on its eastern borders after Russia’s annexation of Crimea, the US is quietly deploying more troops to train special forces in former Soviet bloc states anxious about Moscow’s intentions.

Major exercises began last month in Poland, Slovakia and the Baltic states of Estonia, Lithuania and Latvia involving several hundred personnel from US special forces, the US European Command (Eucom) said.

Long-term plans include further training drills that will consistently keep about 100 US elite troops on the ground at any one time in Nato states close to Russia, with teams working in several countries, US officials said.

The events in eastern Ukraine, where Russian-speaking insurgents using sophisticated weapons threaten to split the country, have put the whole former Soviet bloc region on alert and eager for Nato reassurance.

Webmaster's Commentary: 

OK, for the umpteenth time: Russia did not annex Crimea; Crimea voted to rejoin to Russia, in what was characterized by international observers, as a a free and fair election. They did this after the legitimately elected government of Ukraine was thrown out by a Western-sponsored putsch.

The word "annexation" is disingenuous in the extreme here.

What NATO and the West are attempting to do is to provoke Russia militarily, in order to start a hot war, not a cold war, against it. The reasons are to insure the supremacy of the US petrodollar (which is already crumbling against a reasonably mre stable ruble and yuan).

I would like to politely point out that when it has come to Afghanistan, the US and NATO have been impotent to stop the violence, and Afghanistan is a very poorly developed country, and that war has been 13 years in duration.

What deeply concerns me about the "thinking" generating these actions is that neither the US nor NATO have the capability of insuring a positive outcome to a conventional war against Russia; and that is where the military scenario gets scarily dangerous.

I would very strongly caution the leadership in both NATO and DC to be very, very careful about what they wish for as an outcome here; the unintended consequences could be both horrific...and impossible to correct.

Jun 13 06:26

GMO floodgate to open? EU ministers back deal to let nations decide fate of crops

European Union governments have decided to let member states go their own way when it comes to genetically modified organisms (GMOs), allowing EU nations to either ban the crops or grow them as they see fit. The move ends years of legislative deadlock.

Webmaster's Commentary: 

This is a major set-back for Monsanto which hoped that bribing Brussels would be enough to force their creations on the European public. Now they have to go country-by-country.

Jun 11 10:20

US commandos get permanent Eastern European foothold

American special operations units permanently deployed in Eastern Europe are no longer just on the Pentagon’s wish list. About 100 instructors are set to train spec ops teams in former Soviet bloc states to ‘message’ Moscow over the conflict in Ukraine.

Russia launches Baltic drills alongside NATO Saber Strike war games

Tanks, troops, jets: NATO countries launch full-scale war games in Baltic

The latest statements from the US European Command (EUCOM) once again prove that Washington is using the crisis in Ukraine to revitalize the NATO alliance and bolster its military presence in Europe in order to tie it to the US.

Webmaster's Commentary: 

Unfortunately, Russia's President Putin is about 12 chess-games ahead of the thinking of the Obama administration on this.

Russia doesn't need to do anything militarily to destroy the US.

All that has to happen is for Russia, China, and the BRIC nations to simultaneously drop the dollar for any of their business transactions, and the big, fat, sucking sound you would be hearing would be that of the American economy going right down the proverbial tubes.

And any thinking in DC that we could win a conventional war against Russia (which is what the US government appears to want to provoke by its actions), needs to be met with some very grave assessments of precisely where the US military is in this part of the 21st century. And the cold, hard reality here is, the US doesn't have the troop strength, the money, or the manufacturing to insure a positive outcome to a conventional war against Russia; and this is what makes the military scenario here so scarily dangerous.

Jun 11 08:24

Defying Russian warnings, Moldova and Georgia head for EU pact

Undeterred by the conflict triggered by Ukraine’s swing towards Europe, the former Soviet republics of Moldova and Georgia will sign a trade and political pact with the European Union this month with Russia warning both countries against the move.

The two small countries – Moldova has a population of just over 3.5 million and Georgia 4.5 million – see the signing of an association agreement as the crucial step towards mainstream Europe, leading to eventual membership of the powerful EU trading bloc.

But, as has been shown by their regional neighbour Ukraine, Russia sees their westward move further away from Moscow’s sphere of influence as a geo-political setback that could threaten its markets too.

Webmaster's Commentary: 

OK, guys: let's get this straight: Russia did not annex Crimea. Crimea requested to be reunited with Russia when the duly elected Ukrainian government was thrown out in a putsch, and this was done in a referendum which was considered free and fair: Russia did absolutely nothing wrong here.

And a short memo to whoever characterized Russia in this manner with this article: the big lie no longer works. Just please ask Colin Powell about Saddam's "weapons of mass destruction."

WEBMASTER ADDITION: Only days ago it was reported that the US sent "foreign aid" to (meaning a bribe to the leaders of) Moldova ($8 million) and Georgia ($5 million).

Jun 11 06:42

Trouble for Merkel: Berlin Divided in Spat over EU Commmission

The appointment of the next leaders of the EU Commission has divided Europe, raising the specter that Britain could leave the bloc. London is an important ally to German Chancellor Angela Merkel and it is likely she will seek to broker a deal.

Jun 10 10:20

Austria close to ban of GMO products

Austria's struggle for a national ban on GMO (genetically modified organisms) appears to have paid off, with European ministers supporting the "opt-out" option.

Webmaster's Commentary: 

"You can't do that!" -- Official White Horse Souse

Jun 09 09:10

Secret European Cash Limits in Place

Some of you might remember the recent scandal where #HSBC tried to impose cash withdraw limits on their accounts:

Well it turns out that was just a trial balloon, to see how the public might react to withdraw limits being public knowledge. Limits that are already in place!

Let me tell you what my sources are telling me.

Webmaster's Commentary: 

When the ECB announced their negative interest rates, I predicted there would have to be some form of capital controls to prevent people from emptying their accounts.

Jun 08 05:58

New head of European conservatives dismisses Cameron's EU demands

The new head of the biggest group of conservatives in the European Parliament dismissed on Saturday demands by British Prime Minister David Cameron to put the brakes on European integration.

Manfred Weber, the new chairman of the European People's Party (EPP), also told a German paper that the group still backed its candidate Jean-Claude Juncker to be the next Commission president despite opposition from Britain.

Jun 06 12:33

Gazprom still remains best option for Europe

According to the Oxfam charity organization, strained relations between Russia and the West because of the situation in Ukraine highlighted the need for Europe to reassess its energy priorities, and speaking at the G7 summit in Brussels yesterday, US President Barack Obama announced that the G7 is going to strenghthen energy security in Central and Eastern Europe. Pepe Escobar, Asia Times roving correspondent, shared his opinion about this development with Radio VR.

Jun 06 08:13

NATO using Ukraine to syphon more money from EU

In the end of the day, it’s all business.

NATO’s Secretary-General Anders Fogh Rasmussen wants European leaders to spend more on defense, but Germany, France and the UK are keeping their grip tight, Deutsche Welle reads.

“We live in a different world than we did less than a month ago,” Fogh Rasmussen told a Brookings Institution forum in March.

“Russia’s military aggression in Ukraine is in blatant breach of its international commitments and it is a violation of Ukraine’s sovereignty and territorial integrity. This is a wakeup call for the Euro-Atlantic community, for NATO, and for all those committed to a Europe whole, free and at peace.”

What he wanted was to make the NATO member states reconsider their defense budgets, as there have been gloomy warnings that the Alliance is unprepared for Russian ‘aggression’.

Webmaster's Commentary: 

At the end of the day, this looks like a NATO shake-down of Europe for more money.

And that concept of "Russian aggression"?!?!?

Please, give me a break!!

Ukraine was taken over by an illegal putsch against the legally elected government; yes, a government so collectively crooked, that it had to screw its socks on in the morning, BUT legally elected.

Crimea, a traditionally Russian-centric area which had been taken over by Ukraine under the time of Khrushchev, had what was considered by all observers, a free and fair election, in order to realign with Russia.

Russia did nothing wrong: the people of Crimea exercised peaceful self-determination in this election.

You cannot have this both ways. Isn't peaceful self-determination supposed to be a value that we are supposed to respect and applaud?!?

I mean, I am just asking, folks!!!!

Jun 06 06:55

Stockman - The Military Industrial Complex & Total Collapse

Eric King: "If the fighting continues in Ukraine, is it just going to continue to be a stalemate over there?"

Stockman: "It could well devolve into a full-fledged civil war, and that would be really unfortunate for the people. ... That is the result of the constitutional and political crisis that was provoked last November and December, not by Putin and the Russians, but by the (U.S.) State Department and the CIA and the so-called non-governmental organizations that are swarming all over eastern Europe trying to stir up trouble. It’s an indication that what I call the military-industrial complex, this warfare state with all the spy agencies and this massive war machine that we have, is a dangerous thing to keep in being. We don’t need it. It should be demobilized. It should be dramatically reduced so that the people who operate it aren’t tempted to start stirring up trouble."

Jun 05 08:54

American gas won't save us, say EU leaders

Jun 05 08:33

More jets and warships: US increasing military presence in Black Sea

Following President Obama’s commitment of $1 billion to expand NATO’s role in Eastern Europe, Defense Secretary Chuck Hagel announced on Thursday that the United States will be bolstering its presence in the Black Sea region.

Hagel is currently swinging through Romania, a NATO member that has urged the US to increase its presence in Eastern Europe in the wake of the Ukraine conflict and Russia’s accession of Crimea. Since then, the country has been a part of joint military exercises with American forces and has promised to increase its own defense spending.

While the plan earned the praise of Polish President Bronislaw Komorowski, Russia criticized NATO for boosting its presence near its borders and argued the group is also responsible for unrest in Ukraine.

Webmaster's Commentary: 

Bruschko is absolutely correct here; and it appears that the US and NATO want to goad Russia into making the first move.

Putin is waaay to smart to do this, but don't discount the possibility of a NATO/US false flag to be blamed on Russia as the "excuse" to kick off the war here.

Jun 05 07:28

NATO’s Military Encirclement of Russia: Obama escalates NATO Confrontation with Russia

President Barack Obama unveiled in Poland Tuesday a new $1 billion initiative aimed at ratcheting up NATO’s military encirclement of Russia and preparing for a direct armed conflict between the two nuclear-armed powers.

In other words, the Obama administration is embarking on a reckless drive to encircle and militarily intimidate Russia and China simultaneously.

Speaking in Warsaw’s Belweder Palace Tuesday, Obama also said that the $1 billion program would be used by the US to “preposition more equipment in Europe” in preparation for military conflict.

Webmaster's Commentary: 

Obama's threats of NATO military conflict against Russia has his resources, in terms of troop strength, manufacturing, and money, writing checks he cannot cash.

The last thing the US needs right now is a war with either Russia and/or China; unfortunately, this Administration has this country running, at warp speed, to war with both countries.

Putin and Xi-Ping understand, however, that there is a way to avoid this war, and crash the US economy: and that would be for the BRIC nations do a full dropping of any of their dollar holdings, and not doing any transactions using the US dollar at all.

Jun 05 07:26

ECB cuts deposit rate below zero in historic move

The European Central Bank lowered its deposit rate to -0.10% as the continent battles deflation after many failed monetary policy attempts.

Webmaster's Commentary: 

When you have money in a bank savings account, and the interest paid on that account is lower than the rate of inflation, you are losing real value and purchasing power even if the balance seems to be growing. Many people are seduced by the growing numbers and keep their money in that savings account even though they are suffering real economic losses.

Now things have changed. The longer you keep your money in those European savings accounts, the smaller the balance will be. The EU will likely impose capital controls to prevent bank runs as savers close their accounts and convert the funds into physical silver and gold.

The reason there are so many "failed monetary policy attempts" is that nobody wants to acknowledge the deep dark secret of private central banking. Which is that when you allow a privately-owned central bank to issue all of the public currency as a loan at interest, the debt grows faster than the available money supply. More money is owed to that privately-owned central bank than actually exists. This is a deliberately designed system to trap a nation and its people in unpayable debt, to enslave them to the will of the bankers, and over time, through the process of defaults, transfer the hard assets of the nation and the people into the pockets of the bankers through "Austerity" and "privatization." And all the bankers needed to pull off this scam was paper, ink, and typing numbers into a computer keyboard! But no government dares admit to their people that the banking system they are forced to use is a deliberate tool of enslavement. So they attempt "policies" to make it look like they are trying to fix the problem, but without addressing the root cause.

Jun 05 06:30

Britain offers tanks and 1,000 troops for Nato show of strength against Putin

Britain has offered NATO an armoured battle group including up to 25 tanks to join exercises in Poland as a show of force against Vladimir Putin.

The deployment would see as many as 1,000 British soldiers join Nato forces for war games across the border from Ukraine later this year.

The offer was disclosed as David Cameron prepares to meet the Russian president on Thursday and wrangling over the Ukraine crisis seems certain to dominate world leaders’ visits to the D-Day anniversary events.

The diplomatic storm over Ukraine continued as Barack Obama condemned Moscow’s “dark tactics”, while Mr Putin hit back against American aggression.

Webmaster's Commentary: 

These "war games" by NATO appear to be the prelude to a shooting war against Russia.

Just because a war against Russia would be the most ham-fistedly, pig-headedly wrong thing to do to in response to Putin's accepting Crimea's request to align with Russia after the Ukrainian putsch, is absolutely no guarantee that NATO, Europe, and the US won't do it.

NATO, the US, and the West, is encircling Russia in a geopolitical/military vice-grip. And if, once there are US and NATO troops on the ground in Ukraine (and I wouldn't bet against it even right right now), Moscow may feel compelled to respond militarily in kind.

It would not take much to get the fires of war stoked here; one tiny miscommunication; one tiny misperception, and things could escalate completely out of control.

I would like to hope that the adults in the room in Europe, the US, and NATO think very soberly about what their next move should be.

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.

Dec 09 09:08

VIDEO - And A Child Shall Lead Them...

A 15 year-old tells the establishment to shove it...

Education gets cut while the war machine devours the budget. End the wars, cut the military-industrial killing machine by 50%, and then you can ask us for sacrifice. Until then, kindly shut the fuck up.

BRILLIANT CLIP - MUST SEE

---

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.

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