(RichardEastman) – While this 1930ish Hollywood movie is only semi-accurate it certainly shows more then the PTB would like you to know today. I think this film was made as a response to the anti-Rothschild sentiment sweeping the world in the 1930’s (thanks to people like Henry Ford Sr. and Charles Lindbergh Sr.). As usual it backfired and “they” subsequently went “underground” and began using the tactic of keeping their name out of the news and using the media to point the finger at their front men (it’s the “Federal Reserve”, it’s “the Illuminati”, it’s “the corporations”, it’s “the NWO” ad nausea). Of course, every non-Jew is painted as “anti-semitic” and the Jews must fight back with the only tool they have…money (that’s a knee slapper). Continue reading
Category Archives: Europe
Economy
(SchiffReport) – Video: Recession, Bond Bubble, unemployment insurance, my investments – Video Link Here
(GoldSeek) – Ron Paul: Let the Housing Market Normalize! – Read More Here
(TheEconomicCollapse) – Video: Tony Robbins Warns Economic Collapse Is Coming
It seems like almost everyone is warning of a coming economic collapse these days. Do you remember Tony Robbins? He is probably the world’s best known “motivational speaker” and his infomercials dominated late night television during the 80s and 90s. He was always urging all of us to “unleash the power within” and to take charge of our lives. Well guess what? Now Tony Robbins is warning that an economic collapse is coming. View More Here
(Telegraph) – Government urged to reveal ‘true’ national debt of £4.8 trillion (UK) – Read More Here
(LegitGov) – Facing Budget Gaps, Cities Sell Parking, Airports, Zoo – Read More Here
(Telegraph) – New ‘debt boom’ fears as banks offer ‘more generous credit card deals’
British consumers are being handed even more generous credit card deals than those on offer before the recession, new research has shown. Read More Here
(Telegraph) – Motorists face £250-a-year tax to park at work
Motorists across the country could be charged hundreds of pounds a year to park at work after councils were ordered by the Government to find new ways of raising money. Read More Here
(ActivistPost) – CEOs Blame Consumer Class for Joblessness: Admit Economy Grows From Bottom Up – Eric Blair – Read More Here
(AmericanMajority) – How To Prolong a Recession: Tax Driveways – Read More Here
Video: ‘Those Voices Don’t Speak for the Rest of Us’ – Continue reading
Enemy of the State – Lew Rockwell
It’s been clear for some time that the Pentagon would love to put a bullet in Julian Assange’s brain. But as the founder of WikiLeaks became better known, sending off a team of professional hitmen–as is their wont–threatened to become bad PR. So phony sex charges are used instead, another typical tactic of the regime. BTW. a word to the disinfo artists of the military junta: we don’t believe you about Iraq, Afghanistan, Yemen, Somalia, Pakistan, Georgia, Russia, China, Israel, Palestine, Iran, or Assange.
UPDATE: So now the Pentagon’s trumped up charges against Julian Assange have been dropped, if not before the libel was implanted in at least some minds. Watch for more lies, not that they will work. One man can beat the Death Star. – Source: Lew Rockwell
See Also:
(BusinessInsider) – Swedish Prosecutors Drop Rape Charges Against Wikileaks Founder
Stranger and stranger.
Now according to the AP, the rape charges against Wikileaks founder Julian Assange have been withdrawn.
Prosecutors say the suspicioun was unfounded.
How these charges came to be, and then got reversed so fast, should be an interesting story. – Source: Business Insider
Also:
(Telegraph) – “Is Assange the target of a U.S. smear campaign?” – Rape Claim Against Wikileaks Founder Julian Assange Withdrawn
Julian Assange, the founder of the Wikileaks website, was at the centre of an extraordinary “dirty tricks” row today after the Swedish government issued and then withdrew an arrest warrant against him for rape. Continue reading
Economy
(CharlieVLog) – UNEXPECTED – Video Link Here
(DrHousingBubble) – Southern California home sales collapse by 21 percent year over year. Real estate tanks simultaneously with ending of government artificial market intervention – Read More Here
(AP) – Budget analysts see 2010 deficit at $1.3 trillion – Read More Here
(Bloomberg) – Obama Says Jobless Claims Report Shows Urgent Need for Small-Business Aid – Read More Here
(CityBizList) – Abercrombie & Fitch Discusses Plans to Close 110 Stores – Read More Here
(NZPA) – Supermarket flooded with job applicants
When a new supermarket opened today in Auckland it created 150 new jobs, but that was a small comfort for the 2550 people who applied for jobs there and missed out, Labour leader Phil Goff said today. Read More Here
(Telegraph) – Greek crisis refuses to go away
The European Commission has approved the next €9bn (£7.4bn) tranche of loans for Greece but the underlying economy continues to deteriorate as Greek banks suffer a record loss of deposits and output contracts at a quickening pace. Read More Here
(CNBC) – Death of the ‘McMansion’: Era of Huge Homes Is Over – Read More Here
(Reuters) – Weekly Jobless Claims Post Surprise Jump, Hit 500,000 – Read More Here
(TheEconomicCollapse) – 5 Trillion More Dollars To Fix Fannie Mae And Freddie Mac?
Fannie Mae and Freddie Mac have become gigantic financial black holes that the U.S. government endlessly pours massive quantities of money into. Unfortunately, if the U.S. government did allow Fannie Mae and Freddie Mac to totally implode, both the mortgage industry and the housing industry in the United States would completely collapse. So essentially the U.S. government finds itself between a rock and a hard place. Prior to the financial crisis of the last few years, Fannie Mae and Freddie Mac were profit-seeking private corporations that also had a government-chartered mission of expanding home ownership in America. But now that they have been officially taken over by the U.S. government, they have become gigantic bottomless money pits. It is hard to even describe just how much of a mess Fannie and Freddie are in. However, the unprecedented intervention by Fannie Mae and Freddie Mac in the mortgage market over the past couple of years has been about the only thing that has kept it from plunging into absolute chaos. So what does the future hold for Fannie Mae and for Freddie Mac? Well, according to one estimate, it could take another 5 trillion dollars to “fix” Fannie Mae And Freddie Mac. Continue reading
Video: Keiser Report №70 – Markets! Finance! Scandal!
This time Max Keiser and co-host, Stacy Herbert, look at post anti-Americanism and crouching assets, hidden wealth in China. In the second half of the show, Max talks to Jon Thorisson in Iceland about his campaign against Magma Energy and about the resistance of the Icelandic people to IMF measures. Continue reading
Video: Keiser Report №69 – Markets! Finance! Scandal!
(RussiaToday) – This time Max Keiser and co-host, Stacy Herbert, look at the scandals of swindled nuns, bounty hunters for small time fraud and Irish banks in a ‘league of their own.’ In the second half of the show, Max talks to economist, Shir Hever of the Alternative Information Center, about the Boycott-Divestment-Sanctions movement and about the economics of occupation. Continue reading
Video: Judge Napolitano’s History of Liberty
(FoxNews) – Pt. 1: The Original Tea Party – Continue reading
MSM: Big Brother facial recognition cameras being rolled out in NCP car parks
(MailOnline) – Cutting-edge cameras will scan drivers’ faces and check them against a crime database as they enter car parks, it emerged last night.
NCP, which is trialling the system at 40 sites, hopes it will help identify potential car thieves.
But privacy campaigners reacted with fury, saying the technology could criminalise innocent people. Read More Here
Video: Jane Bürgermeister – Bloggers Persecuted & Declared Insane to Silence Dissent – Vienna
(WeAreChangeAustria) – Jane Bürgermeister and other critical bloggers in and around Austria are being targeted, declared insane and stripped of their civil rights. As the cases pile up, a pattern of corruption and systematic persecution emerges. But Jane Bürgermeister, who has been a major force in educating the world about the dangers of the H1N1 vaccine, will not give up that easy. Ultimately, the power lies in our hands, as the past has shown. Stay tuned for updates.
“On August 12th, I am supposed to appear before a court as part of a process to strip me of all my civic rights on the spurious grounds I am a crazy conspiracy theorist and am damaging my estate.
Clearly, this is an attempt by elements in the Austrian government to silence me, a critic of the swine flu vaccine, who has managed to make use of the internet to spread information on the false swine flu pandemic and vaccine suppressed by the mainstream media, but which is now the subject of inquiries at PACE and in parliaments.” — Jane Bürgermeister (July 13th, 2010) Continue reading
Legislation From Irish Government Will Allow Foreign Police On Irish Streets
(SovereignInd) – The Irish Government are currently drawing up legislation that would allow Gardai (Irish Police) to be sent abroad to other E.U countries and for foreign police forces to be sent here to police Irish streets. We at the Sovereign Independent warned many times coming up to the Lisbon Treaty that this would be the situation if the treaty passed. This was denied by our Government and dismissed as conspiracy theory nonsense at the time, However as warned this is exactly what is happening now. Read More Here
The United States Remains a British Colony III
(MoneyTeachers) – When the English Aristocracy and their Bankster Allies opposed Lincoln, in favor of the South, he issued the Emancipation Proclamation. The British people were opposed to slavery and the Proclamation drove a wedge between them and the Crown. In one stroke, Lincoln destroyed any hope the Southern States had of an open alliance with England and France.
The Banksters took a new approach. They focused their efforts at regaining control of Congress and the Republican Party. Money is the “milk-blood” of politics, and they prevailed. Lincoln was forced into a series of compromises near the end of the Civil War that doomed any chance of economic independence from the Bank of England and her minions in the US. In the words of the Chancellor of Germany (Otto Von Bismarck): Read More Here
The United States Remains a British Colony II
(MoneyTeachers) – In our previous article we demonstrated that, through our National Banks, Great Britain was able to receive all of the benefits of occupation without any of the expense. By earning interest on our currency since colonial times, they have managed to enslave an unwitting American populace to their political, economic and global agenda. Read More Here
MSM: European police to spy on Britons: Now ministers hand over Big Brother powers to foreign officers
(DailyMail) – Ministers are ready to hand sweeping Big Brother powers to EU states so they can spy on British citizens.
Foreign police will be able to travel to the UK and take part in the arrest of Britons.
They will be able to place them under surveillance, bug telephone conversations, monitor bank accounts and demand fingerprints, DNA or blood samples.
Anyone who refuses to comply with a formal request for co-operation by a foreign-based force is likely to be arrested by UK officers. Read More Here
The United States Remains a British Colony
(MoneyTeachers) – When the Treaty of Paris was signed in 1783, most Americans thought that total Independence from England had been won. The fact of the matter, however, is that true Independence from England never really materialized: Read More Here
Operation Sarkozy – Thierry Meyssan
(AxisOfLogic) – How the CIA planted one of its agents as President of the French Republic – Read More Here
Cops Charge Irish Government With Treason
(OpEdNews) – When a national police association accuses its government of what amounts to treason it is time to sit up and pay attention.
Michael O’Boyce, President of the Garda Representative Association (GRA), said at its annual conference in Limerick, at the end of April, 2010, that the Irish Government had been ‘corrupted’ and had been ‘bought’ by developers and bankers. Read More Here
MSM: KGB man – MI5 agent told me that David Kelly had been ‘exterminated’
(UKDailyMail) – The mystery over the death of David Kelly took a further twist last night after a former KGB officer said he had evidence that the scientist did not commit suicide.
Boris Karpichkov, who worked as a Russian spy for 15 years before fleeing to Britain, has sent a dossier to Attorney General Dominic Grieve in which he claims to relay information from an ‘MI5 agent’ that Dr Kelly had been ‘exterminated’.
His move comes amid increasing calls from within the Coalition Government for a full, independent investigation into Dr Kelly’s death. Mr Grieve has indicated that he is ‘concerned’ by the growing scepticism among experts about the official version of events.
Dr Kelly was found dead in woods near his Oxfordshire home in July 2003, after the Government exposed him as the source of a BBC report questioning Tony Blair’s case for war in Iraq. Full article here
MSM: UK health gap between rich and poor widest ever
(Guardian) – Review of deaths between 1921 and 2007 shows inequality is increasing with the poorest more likely to die younger – Read More Here
Infowars.com Censored in Greece
(Infowars) – An Infowars.com reader sent an email today informing us that our website is no longer available in Greek public libraries. “Prisonplanet.com is still accessible, but it’s only a matter of time before the Greek censors notice attention has shifted to that website, and move in to ban it as well,” she writes. “This isn’t just a local library banning access to Infowars.com, but is a nationwide ban: the digital traffic filters, through which all traffic from and to Greek public libraries passes, are located in and controlled from Athens (National Technical University of Athens), so yes, THIS IS A NATION WIDE BAN!”
Attempting to reach Infowars.com from a Greek public library produces the screen below Continue reading
MSM: National Citizenship Service for 16-year-olds launched today
(Telegraph) – The “National Citizen Service” will bring together 16-year-olds from different backgrounds and around the country to become community volunteers and join in outdoor pursuits.
David Cameron has said that he hopes participation in the non-military, voluntary form of national service will become a “rite of passage” for all teenagers. Read More Here
French police use live ammunition against riots over police killings
(WSWS) – Over the last week, two young men were shot and killed while attempting to flee police, in the suburbs of Grenoble and the village of Saint-Aignan in central France. Police have responded to riots provoked by the killings with massive police deployments, firing live ammunition. Continue reading
Video: Troktiko – Controversial Greek blog administrator is assassinated
(DomainGang) – BREAKING NEWS – The administrator of the most popular political and social blog in Greece, “Troktiko” – the Rodent – was assassinated after being shot with 20 bullets.
Known for its controversial political articles, stigmatizing the former, right wing government of New Democracy, Troktiko became the most popular, Greek-owned destination in Greece. With an Alexa ranking of 869 globally, Troktiko.blogspot.com surpassed many international web sites in traffic.
The administrator of Troktiko, journalist writer and radio producer Socrates Giolias aged 37, was executed with a barrage of bullets, outside his residence around 5:20am local time today, in Ilioupolis – a suburb of Athens, in Greece. Continue reading
MSM: CCTV and police abuse of power
(Guardian) – Investigations into the London Gaza protests last year have called into question how CCTV evidence is being used by police Read More Here
Video: Bilderberg’s John Keane & Jessica Mathews – The Waging of Peace
(MakeItEightEh?) – At 84, it seemed odd that Queen Elizabeth II made a special trip to New York to pay respect to the 9/11 victims, and in addressing the U.N. assembly claimed, “the waging of peace is the hardest form of leadership of all.” We don’t usually hear the term, “waging of” followed by anything other than “war”. So, in this case, it was indeed an odd twist.
But, the comment is actually in keeping with the intent of the globalist leaders that, according to Queen Elizabeth II, must wage peace to address the issues of “terrorism” and “climate change”. The Bilderberg Group must have been comforted to get the support of the Queen of England. And, it would seem, the Bilderberg influence has shaped U.S. military efforts over the past while as well. The “waging of peace” has support by those responsible to sell the concept to the American people and the world. Continue reading
MSM: Revealed – brutal guide to punishing jailed youths
(Guardian) – Shocking details of techniques used to inflict pain deliberately on children in privately run jails have been revealed for the first time in a government document obtained by the Observer.
Some of the restraint and self-defence measures approved by the Ministry of Justice include ramming knuckles into ribs and raking shoes down the shins. Other extraordinary passages in the previously secret manual, Physical Control in Care, authorise staff to: Read More Here
MSM: Police could lose ‘up to 60,000 officers’
(Guardian) – Up to 60,000 police officer jobs could be lost in the next five years as the government seeks to eliminate the national debt, according to research published today.
The figure is the worst-case scenario in a range of possible outcomes examined by Jane’s Police Review magazine after the Treasury told government departments to prepare for cuts of up to 40%.
If the police suffer average cuts, predicted to be around 25%, that will lead to the loss of between 11,500 and 17,000 jobs by 2015, said Dr Tim Brain, who recently retired as chief constable of Gloucestershire and Association of Chief Police Officers lead on finance. Continue reading
Hail Caesar! Queen Gives Marching Orders To The UN
(Rense) – Regarding the queens speech to the United Nations, we were told by the British Mission to the United Nations that the queen “Will be taking a global perspective. She will touch on progress made since she was last here and challenges that remain.”
For a woman who says she is not head of any country-only titular head of state of 16 countries including Australia, Canada and New Zealand and the nominal representative of 54 governments in the British Commonwealth, who is fooling who? Why should be the people of the world listen to a little old lady from Britain? The answer is because her hereditary demands it. Read More Here
Video: America will Collapse – featuring Jim Rogers Marc Faber and Gerald Celente
Police Terror Stop Powers Stripped Following European Court Ruling
(SteveWatson) – Police powers to stop and search anyone without reasonable suspicion under terrorism laws have been revoked by the British government following a recent ruling by the European Court of Human Rights that stated they were illegal.
The Home Secretary Theresa May today stated:
“In order to comply with the judgment, but avoid pre-empting the review of counter-terrorism legislation, I have decided to introduce interim guidelines for the police.”
“I am therefore changing the test for authorisation for the use of section 44 powers from requiring a search to be ‘expedient’ for the prevention of terrorism, to the stricter test of it being ‘necessary’ for that purpose. And, most importantly, I am introducing a new suspicion threshold.” the home secretary told the Commons.
She added: “Officers will no longer be able to search individuals using section 44 powers. Instead they will have to rely on section 43 powers, which require officers to reasonably suspect the person to be a terrorist. And officers will only be able to use section 44 in relation to the searches of vehicles. I will only confirm these authorisations where they are considered to be necessary, and officers will only be able to use them when they have ‘reasonable suspicion’.” Continue reading
Economy
(MarketOracle) – SULTANS OF SWAP: BP Collapse Potentially More Devastating than Lehman!
As horrific as the gulf environmental catastrophe is, an even more intractable and cataclysmic disaster may be looming. The yet unknowable costs associated with clean-up, litigation and compensation damages due to arguably the world’s worst environmental tragedy, may be in the process of triggering a credit event by British Petroleum (BP) that will be equally devastating to global over-the-counter (OTC) derivatives. The potential contagion may eventually show that Lehman Bros. and Bear Stearns were simply early warning signals of the devastation lurking and continuing to grow unchecked in the $615T OTC Derivatives market. Read More Here
(DailyFinance) – Wall Street Apocalypse: The World of the Doomsday Investors – Read More Here
(Guardian) – Graduates warned of record 70 applicants for every job
Class of 2010 told to consider flipping burgers or shelf stacking to build skills as they also compete with last year’s graduates Read More Here
(DetroitNews) – Foreclosures plague Metro area towns – Read More Here
(DailyFinance) – Facing a $7 Billion Shortfall, the U.S. Postal Service Proposes to Raise Rates – Read More Here
(MaineBiz) – Maine foreclosures still rising – Read More Here
(Telegraph) – Europe’s ‘toothless’ bank tests making matters worse
RBS and other City institutions have warned that Europe’s stress tests for banks are almost useless and may further damage confidence if they fail to cover the risk of large losses on sovereign defaults by Greece and other Club Med states. Read More Here
(HuffingtonPost) – Reps. Paul & Frank: Why We Must Reduce Military Spending
By far the single most important of these is our current initiative to include substantial reductions in the projected level of American military spending as part of future deficit reduction efforts. For decades, the subject of military expenditures has been glaringly absent from public debate. Yet the Pentagon budget for 2010 is $693 billion — more than all other discretionary spending programs combined. Even subtracting the cost of the wars in Iraq and Afghanistan, military spending still amounts to over 42% of total spending. Read More Here
(NewAmericanEmpire) – Debt Deflation: A Long Economic Winter Ahead – Prof. Rodrigue Tremblay
The bond market is telling us that there could be hard economic times ahead and that deflation, for the time being, is more of a threat than inflation. Leading indicators are also pointing to possible economic weakness ahead. Read More Here
(MikeWhitney) – More Red Flags for the Economy
Bonds are signaling that the recovery is in trouble. The yield on the 10-year Treasury (2.97 percent) has fallen to levels not seen since the peak of the crisis while the yield on the two-year note has dropped to historic lows. This is a sign of extreme pessimism. Read More Here
(NECN) – Video: Mass. town will charge to keep street lights on – Video Link Here
(CharlieVLog) – Video: REALITY IS CLOSING IN
See Also: (CharlieVLog) – Video: Fast Track To The Bottom – Video Link Here
(PuppetGov.coM) – Video: America’s Controlled Economic Implosion – Video Link Here
(July 5) – Video: Alex Jones – It Feels like It’s 1932
(Bloomberg) – Sovereign Default Risk Rose 30% as European Debt Crisis Deepened, CMA Says – Read More Here
(NewsWeek) – Worse Than Wall Street – How shaky European banks could tip the world back into recession. – Read More Here
(TheEconomicCollapse) – No Jobs
Everyone knows that the United States is bleeding jobs. According to one new study, the private sector in the United States has lost 10.5 million jobs since 2007. The U.S. economy lost 125,000 more jobs during the month of June. Approximately a million frustrated American workers have simply dropped out of the employment market altogether over the past two months. But the question not enough people are asking is why so many jobs are being lost. Read More Here
(LVRJ) – WAYNE ALLYN ROOT: Barack Obama: The great jobs killer
As former President Ronald Reagan might have said, “Obama, there you go again.”
The current occupant of the White House claims to know how to create jobs. He claims jobs have been created. But so far the score is Great Obama Depression 2.2 million lost jobs, Obama 0 — a blowout. Read More Here
(TheStar) – A stock market forecast that says ‘take cover’
With the stock market lurching again, plenty of investors are nervous, and some are downright bearish. Then there’s Robert Prechter, the market forecaster and social theorist, who is in another league entirely.
Prechter is convinced we have entered a market decline of staggering proportions – perhaps the biggest of the last 300 years. Read More Here
(SeekingAlpha) – Cecchini: U.S. Consumers in ‘Dire’ Credit Situation
Peter Cecchini, chief strategist at BGC Financial, talks to Pimm Fox about the U.S. economy and consumer credit on Bloomberg Television’s “Taking Stock.” He says that the 122% percent household debt to GDP ratio is well above the pre-1980 average of 60-80%. Just to get back to a 100% to GDP ratio, we need an additional $2 trillion of deleveraging. In the absence of income growth, you just aren’t going to get these numbers down without deleveraging. Read More Here
(RevoltOfThePlebs) – Government Math… FOR KIDS!
Did you know that you and I can create millions, billions and even trillions of numbers just as easily as the Federal Reserve? All you have to do is use your imagination. Let’s try it! Read More Here
(Infowars) – California Implodes
California is the wealthiest and most populous State in America, and Los Angeles County is the largest county in America, so both the State and LA County wield unbelievable power in Washington D.C. The corruption in California affects you directly.
• How would you feel if you knew your federal tax dollars were being used to finance California’s corruption?
• You may be surprised to learn that the California State Legislators and the LA County Supervisors went to Washington D.C. to obtain the maximum federal funding for their extensive welfare, medical and illegal alien imprisonment programs, in order to claim the federal tax payer money in an end run around the other states.
• Imagine the end of the democratic process through judicial corruption, like that in LA County, replicated in your community.
Video: The World Blowed Up Real Good
(BusinessInsider) – This bit of multimedia art showing nuclear explosions around the world from 1945-1998 is like something from the Farm Film Report on SCTV, with things blowing up “real good”. Incredible and unnerving, especially in years like 1958 and 1962. Video Link Here
Adolph Hitler: War Hero, Street Cleaner, Prostitute or Secret Agent: A Psychohistory Analysis
By Katherine Smith
Adolph Hitler: A Modern View
Leader of Nazi Germany, progenitor of genocides and arguably solely responsible for the European half of the second World War, Adolf Hitler (considered to be one the most evil persons the world has ever known), probably needs no introduction.
In the decades since Hitler’s death many commentators have concluded that he must have been mentally ill, and that if he wasn’t when he started his rule the pressures of his failed wars must have driven him mad. Given that he ordered genocide and ranted and raved, it is easy to see why people have come to this conclusion, but it’s important to state that there is no consensus among historians that he was insane, or what psychological problems he may have had.
Hitler wasn’t insane and didn’t rant and rave because he was mentally ill.
In 1912 he was brainwashed at his grandfather’s Society for Psychical Research (SPR) most likely at the British Military Psych-Ops War School at Tavistock in Devon and in Ireland.
Spy tech that ‘monitors conversations’ being launched in Europe: report
(RawStory) – Privacy rights advocates and civil liberties campaigners in Europe are raising the alarm about a new surveillance system that monitors conversations in public.
The surveillance system, dubbed Sigard, has been installed in Dutch city centers, government offices and prisons, and a recent test-run of the technology in Coventry, England, has British civil rights experts worried that the right to privacy will disappear in efforts to fight street crime.
The system’s manufacturer, Sound Intelligence, says it works by detecting aggression in speech patterns.
“Ninety percent of all incidents involving physical aggression are preceded by verbal aggression,” the Sound Intelligence Web site says. “The ability to spot verbal aggression before it turns into a violent outbreak delivers valuable time to security personnel and enables speedy intervention.” Continue reading
Economy
(Independent) – How Goldman gambled on starvation
By now, you probably think your opinion of Goldman Sachs and its swarm of Wall Street allies has rock-bottomed at raw loathing. You’re wrong. There’s more. It turns out that the most destructive of all their recent acts has barely been discussed at all. Read More Here
(Telegraph) – Britain facing £5.5 billion EU sanction
Britain could face sanctions costing the taxpayer £5.5 billion if it fails to meet spending targets set by a new EU “economic government”, under European Commission proposals. Read More Here
(PressTV) – ‘Corporates may cause rise in hunger’
Economic moves by major investment firms like Goldman Sachs, Merrill Lynch, and Deutsche Bank may cause a rise in hunger, according to a leading economist.
Professor Jayati Ghosh of the Centre for Economic Studies in New Delhi made the remarks on the sidelines of the G20 summit in Toronto last week, The Independent reported on Friday. Read More Here
(NYTimes) – Robert Prechters Market Forecast Says “Take Cover”
A proponent of the Elliott Wave theory for market forecasting sees trouble ahead: a slide worse than the Great Depression or the Panic of 1873. Read More Here
(Telegraph) – The latest threat to the global recovery: state capitalism
Stated in one bald paragraph it sounds a little apocalyptic. But Ian Bremmer, the highly respected author who is president of the Eurasia Group in the United States, makes a compelling case. The financial crisis has left Western capitalism nervous and risk averse, constantly under attack from a body politic keen to take advantage of public anger over the events of 2007 and 2008. Issues like the control of the banking system, remuneration and the failure of so much of the financial sector, whether Northern Rock, Lehman Brothers, AIG or Royal Bank of Scotland, has created a fundamental crisis in confidence. Read More Here
(StopCartel) – Economic, Crisis, Greek Theater, Our Drama – Read More Here
(FinanceMyMoney) – California budget nightmare – in 1970 California took in 28 percent of state revenues from personal income taxes. Today, the state pulls in 52 percent from personal income taxes. Massive shift to service oriented state – Read More Here
(PressTV) – UK mulling food vouchers distribution
The unemployed whose benefits have been cut off by government will receive food vouchers by charities supported by the government to make up for the cuts in welfare spending. Read More Here
(PressTV) – ‘US facing Soviet-like disintegration’
A senior Iranian lawmaker, Alaeddin Boroujerdi, has warned the US of imminent collapse, saying its approaches bring to mind soviet policies before disintegration.
“America’s conduct toward the world bears great resemblance to that of the Soviet Union before its disintegration,” Fars News Agency quoted the head of the Parliament’s National Security and Foreign Policy Commission as saying on Friday. Read More Here
(NYTimes) – In Ireland, a Picture of the High Cost of Austerity
As Europe’s major economies focus on belt-tightening, they are following the path of Ireland. But the once thriving nation is struggling, with no sign of a rapid turnaround in sight. Read More Here
(WSWS) – Sri Lankan budget imposes IMF austerity demands – Read More Here
(InternationalForecaster) – The U.S. Economy is Falling. Towards another Credit Collapse?
The housing market is in serious freefall with builders scheduled to increase units by 535,000 this year. As sales fall so will big bank balance sheets. That means we are facing another credit collapse. Read More Here
Video: Enough is Enough
(YahooFinance) – Video: U.S. Economy “Is a Complete Disaster”
The U.S. economy is in shambles and Americans will continue to see high unemployment and lower living standards in the years to come, Howard Davidowitz tells Henry and Aaron in the accompanying clip. – Continue reading
Video: Emergency S.O.S. – America Falling to Foreign Bank Takeover – Fourth of July
(July 2) – Alex Jones breaks down the takeover by offshore banking powers– newly empowered by Congress’ banking “reform,” expanded taxes worldwide, as well as accelerated moves towards ending the Dollar’s reserve status, including urging from a recent United Nations report.
This Fourth of July, the United States is indeed in peril; it is not only the Gulf Oil Spill, Russian spies and threats of war with Iran which Americans must worry about. Instead it is the quiet but deadly conquest by private, central banks, who lobbied Congress to once again vest new powers in the Federal Reserve and, by all indicators, further weaken the U.S. economy through its future actions.
The financial crisis has indeed been developed in such a way that no nation can ever repay all the debt, and control by global economic forces is all but inevitable. Continue reading
Video: Max Keiser – Goldman Sachs – The Real Pirates behind America’s Economic Implosion
(July 2) – Alex talks with Max Keiser about who the real criminals are behind the implosion of the american economy. Continue reading
Video: Gerald Celente – We’re Going into The Greatest Depression and WW 3 – Alex Jones Tv
(July 2) – Alex also talks with trend forecaster, publisher of the Trends Journal, business consultant and author Gerald Celente. Continue reading
Economy
(SmirkingChimp) – Is the Depression Coming? Or Is It Here?
The FBI arrests 1,200 Americans for mortgage fraud in the largest crackdown of its kind in history. There is no media focus on the companies that securitized and insured their toxic loans. This white-collar crime sweep is, at best, a one-day story with most of the reports carried by local outlets. Read More Here
(MyBudget360) – Commercial real estate transactions collapse 90 percent from 2007 to 2009. The next taxpayer bailout in the $3.5 trillion CRE market. From $522 billion in sales to $52 billion. CRE market over 4 times the size of the entire credit card market
The massive commercial real estate market is already plaguing the weak balance sheets of banks. It is the case that each Friday, we are likely to see one U.S. bank fail because due to high levels of commercial real estate (CRE) debt on their books. This market is likely to cause the failure of hundreds of banks and put the economy down into another real estate funk. Read More Here
(July 2) – Video: Bill Still – The Secret of OZ / Solutions For a Broken Economy – Alex Jones Tv
Alex talks with Bill Still, the man behind the monetary reform documentary The Secret of Oz(available at the Infowars Store). Still’s previous films include the popular The Money Masters and Capital Crimes. The Secret of Oz won best documentary of 2010 at the Beloit International Film Festival, the Silver Sierra Award for Excellence in Filmmaking at the Yosemite Film Festival, and other prestigious awards. Part 1 Here
(PeopleManagement) – Graduate unemployment rate ‘set to hit 25 per cent’
The UK’s graduate unemployment rate could soar to nearly 25 per cent due to public-sector budget cuts, with newly qualified jobseekers outside of London the worst hit, new forecasts have predicted. Read More Here
(SacBee) – Schwarzenegger orders minimum wage for state workers
The Schwarzenegger administration today ordered State Controller John Chiang to reduce state worker pay for July to the federal minimum allowed by law — $7.25 an hour for most state workers. Read More Here
(LATimes) – Unemployment rate dips as more workers leave labor force
Employment-seekers decline by 652,000 June, which may reflect people giving up on job-hunting and a reluctance to hire. Overall, the jobless rate falls to 9.5% from 9.7%, the Labor Department reports. Read More Here
(DocumentingReality) – Starting in 2011—next year—the W-2 tax form sent by your employer will be increased to show the value of whatever health insurance you are provided – Read More Here
(ElliotWave) – Banks Continued Failure To Realise Commercial Real Estate Losses…
The massive commercial real estate market is already plaguing the weak balance sheets of banks. It is the case that each Friday, we are likely to see one U.S. bank fail because due to high levels of commercial real estate (CRE) debt on their books. This market is likely to cause the failure of hundreds of banks and put the economy down into another real estate funk. Read More Here
(AsiaTimes) – Smell of economic death
I know, alas, that there is nothing that can be done to prevent unimaginable suffering and the collapse of the economy, now that the US Federal Reserve has created so much excess money and credit, and, to make matters infinitely worse, are still doing it, more than ever! Read More Here
(Prairie2) – The Depression with no name
If Europe is serious about austerity this would be bad news for the US in several ways. Read More Here
(Money&Markets) – Double-Dip Recession Warning Signs Everywhere! Batten Down the Hatches!
The bright red warning signs of a double-dip recession are flashing everywhere. And I do mean EVERYWHERE. Read More Here
(BuzzFlash) – Wall Street is a Crime Scene, Not a Financial “Cyclical Aberration”
It’s shocking that more than 20 years after the movies “Wall Street” revealed the underlying corruption of America’s financial center, it is still difficult to get the corporate mainstream media to understand that the economic “collapse” of the last two years was a swindle and not a cyclic aberration. Read More Here
(BeforeItsNews) – House Refuses to Look At the Books – What’s Wrong With You and I Looking At The Fed and how it uses our money?
Since 1913 the actual buying power of the dollar has gone down by 95.6% – You can’t buy a gallon of gas for 8c any more. Read More Here
Climategate
(NYTimes) – Climate Scientist Cleared of Altering Data – Read More Here
(ForeignPolicy) – Whatever It Takes – Why I won’t back down on climate change – John Kerry – Read More Here
(EconomicCollapseBlog) – 50 Random Facts That Make You Wonder What In The World Has Happened To America
Our world is changing at a pace that is so staggering these days that it can be really hard to fully grasp the significance of what we are witnessing. Hopefully the collection of random facts below will help you to “connect the dots” just a little bit. On one level, the facts below may not seem related. However, what they all do have in common is that they show just how much the United States has fundamentally changed. Do you ever just sit back and wonder what in the world has happened to America? The truth is that the America that so many of us once loved so much has been shattered into a thousand pieces. The “land of the free and the home of the brave” has been transformed into a socialized Big Brother nanny state that is oozing with corruption and has accumulated the biggest mountain of debt in the history of the world. The greatest economic machine that the world has ever seen is falling apart before our very eyes, and even when our politicians actually try to do something right (which is quite rare) the end result is still a bunch of garbage. For those who still love this land (and there are a lot of us) it is heartbreaking to watch America slowly die.
The following are 50 random facts that show just how dramatically America has changed…. Continue reading
Video: ‘News blackout’ to hit Italy
(PressTV) – Italian journalists say they will stage a “news blackout” to protest a proposed law that could hinder the media freedom in the European country.
Some 2,000 journalists filled Rome’s Piazza Navonna on Wednesday to protest the move, and pledged a news blackout on July 9 to protest the law, which is seen as a threat to the free flow of information, The Boston Globe reported.
Video Link Here -> 
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