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

Economy

(RussiaToday) – Video: The G8 “Solution” to the Crisis is the Cause of Economic Collapse – Michel Chossudovsky

(CGG) – Capital Gold Group Report: Where is gold headed from here? Quotes from Peter Schiff and David Rosenberg

Peter Schiff, President & Chief Global Strategist of Euro Pacific Capital, told Business Week recently that, “People are afraid of the debasement of all the currencies. What’s surprising is that gold is still as low as it is … Gold could reach $5,000 to $10,000 per ounce in the next 5 to 10 years.” Read More Here

(CGG) – Capital Gold Group Report: “Gold Is Increasingly Being Viewed As A Currency Of Its Own” – Read More Here

(Goldseek) – Why Many Analysts See Gold Going As High As $10,000 Read More Here

(WSWS) – US Supreme Court ruling favors convicted corporate swindlers

The US Supreme Court has significantly restricted the ability of federal prosecutors to bring criminal charges against corrupt politicians and corporate CEOs who plunder their own companies, setting strict limits on the use of a 1988 law making it a crime for such officials to deprive constituents or shareholders of their “intangible right of honest services.” Read More Here

(Guardian) – Greece Ready to Sell Rhodes, Mykonos to Investors – Read More Here

(WashingtonsBlog) – Congress Pimps Out the American People

We knew Congress was just pimping out the American people, and partying at our expense.

But it is still disgusting to see Congressman Barney Frank, Senator Chris Dodd and the rest selling out the American dream. Read More Here

(MSNBC) – Romanian court: Some budget cuts unconstitutional

A top Romanian court ruled Friday that some of the austerity measures proposed by the government were unconstitutional — a move that will likely delay a crucial multibillion loan from the International Monetary Fund. Read More Here

(Guardian) – Greece starts putting island land up for sale to save economy – Read More Here

(Reuters) – UPDATE 2-Italians strike over Berlusconi’s austerity budget

Tens of thousands of demonstrators marched through Italian cities on Friday during a general strike by Italy’s largest union to protest at cuts by Prime Minister Silvio Berlusconi’s conservative government. Read More Here

(Bloomberg) – States of Crisis for 46 Governments Facing Greek-Style Deficits

Californians don’t see much evidence that the worst economic contraction since the Great Depression is coming to an end. Read More Here

(ZeroHedge) – ECRI Leading Economic Index Plunges At -6.9% Rate, Back To December 2007 Levels When Recession Officially Started – Tyler Durden

It’s getting close: the fabled -10% annualized change (see David Rosenberg) which guarantees a recession is now just 3.1% away, which at this rate of collapse will be breached in two weeks. Read More Here

(RussiaToday) – Video: Tarpley: ‘Obama’s plans are hogwash’

As demonstrators get ready to descend upon the G-20 Summit to protest against the establishment, the heads of state might be getting ready to protest each other. At the forefront of the conference is the United States and China, clashing already over possible money manipulation. Webster Tarpley says that President Obama’s administration is sabotaging Blanche Lincoln’s bill in congress that bans derivatives. View Video Here

(RussiaToday) – Celente: The US is run by Wall Street

(June 25) – Video: Bob Chapman – Obama’s Asset Holder ‘Vanguard’ Sold BP Stock Weeks before Gulf Oil Disaster!

[[ Day 63: Obama To Earn Nearly $85 Million From Gulf Oil Disaster ]]
“Goldman Sachs wasn’t alone either in its astute “foreknowledge” of the collapse of BP’s stock value due to the Gulf disaster as BP’s own chief executive, Tony Hayward, sold about one-third of his shares weeks before this catastrophe began unfolding too.
But according to this FSB report the largest seller of BP stock in the weeks before this disaster occurred was the American investment company known as Vanguard who through two of their financial arms (Vanguard Windsor II Investor and Vanguard Windsor Investor) unloaded over 1.5 million shares of BP stock saving their investors hundreds of millions of dollars, chief among them President Obama. Continue reading

Economy

(CSPAN) – Video: Ron Paul – Bailing out foreign governments – View Video Here

(Sky) – Video: Chinese dumping worthless DOLLARS AND EUROS for Gold

(BusinessWeek) – Video: What Good Are Economists Anyway?

Why they failed to predict the global economic crisis—and why their help is still crucial to a recovery Read More Here

(ZeroHedge) – The correction is coming and it will be a bloodbath

The correction, soon to be crash, is here: the market had a bigger relative open to close move today than it did on May 6. We closed at the day’s lows on massive volume, despite definitive central bank intervention, regardless whether it was the SNB, the ECB, or the Fed. The central planners have lost control of the market, and all thanks to the inevitable collapse of hyper capitalist Keynesianism coming out of the formerly most communist country in the world. Read More Here

(LeMonde) – The Greek People are the Victims of a Carefully Engineered Financial Extortion Racket

What is happening in Greece concerns all of us. The people are paying for a crisis and a debt that are not their own. Today it is the Greeks, tomorrow it will be others, for the same causes will produce the same effects if we allow it. Read More Here

(TimesOnline) – Euro in danger: Germans trigger panic over future of single currency – Read More Here

(ZeroHedge) – Pan-European Bank Run Is Now On: Capital Flight From UK To Switzerland, As GBPCHF Intervention Strikes Next – Read More Here

(Reuters) – Wall Street slumps on euro-zone fears

Stocks dropped on Thursday, with all major indexes sliding more than 3 percent on growing fears that the euro zone’s handling of its sovereign debt crisis could jeopardize the global economic recovery. Read More Here

(RussiaToday) – Video: Euro Collapse Looms? Engdahl on Naked Short Selling Ban

Germany’s Chancellor Angela Merkel says the Euro currency is at risk and that Europe faces its greatest challenge since the EU was formed. It comes as stock markets in Europe and Asia tumbled on the surprise news that Berlin was banning types of ’short selling’ where investors profit by betting that shares will drop in value.

Economic Headline Doom News With Links

Financial Reforms ‘Cosmetic’ , Wont Stop More Crisis : Roubini
Report: Increase in Payroll Taxes Needed for Social Security
Home Building Gains Likely to Fade with Tax Credit
Texas Doctors Opting Out of Medicare at Alarming Rate
Oklahoma : $200 Million in Delinquent Taxes Uncollectible
Hawaii Foreclosures Filing Soar 115% in April
Gov. Paterson NY Threatens Cutting 10,000 Jobs
More Store Closing Hit Grand Avenue Downtown Milwaukee Shopping Center
Small Businesses not hiring
Video: The Growing Gap Between Rich and Poor
Oyster Industry Takes Hit From Oil Spill
Why Greece Should Consider Default
Mayor Bell: Announces City of Birmingham 10% Cut in Workers Pay
Yonkers School District NY, Trying to Close $43 Million Deficit
Investors Should Avoid Banks at all Cost: Meredith Whitney

(HousingWire) – FBI Mortgage Fraud Investigations Jump 400% in Five Years

FBI investigations of mortgage fraud increased 400% in 2009, compared with five years earlier, according to an Office of Thrift Supervision (OTS) report on fraud and insider abuse (download here). Read More Here

(Bloomberg) – Jobless Claims in U.S. Unexpectedly Increase as Dismissals Remain Elevated

More Americans unexpectedly filed applications for unemployment benefits last week, showing firings remain elevated even as employment climbs. Read More Here

(Reuters) – Greek strikers march on parliament against austerity

Thousands of striking Greeks marched peacefully to parliament on Thursday in a protest against government austerity measures that was much smaller than a huge rally that led to rioting on May 5. Read More Here

(WebsterTarpley) – Tentative First Steps in Europe’s Self-Defense Against Zombie Bankers and Hedge Fund Hyenas

Germany and Europe have now made some promising initial steps in the direction of their necessary self-defense against the depredations of those zombie banks and hedge fund hyenas who have been organizing a massive speculative attack on Greece, Spain, Portugal, and Italy with a view to destabilizing the euro and perpetuating the world hegemony of the troubled US dollar. Read More Here

(ZeroHedge) – Video: Live Feed From Athens As 100,000 Greeks Go On Strike, Consider Storming Parliament Again

The last time Greeks were shown to be storming their parliament on live TV, we got a 1,000 point drop on the Dow Jones. Today, another 100,000 protesters of austerity are expected to hit the streets as the entire country is essentially shut down. View Live Here

(BusinessInsider) – MARKETS CRUSHED: FLASH CRASH THURSDAY 2.0? – Read More Here

Video: Celente – 2010 Year of the Bubble

Trends forecaster predicts the complete collapse of the dollar. – Video Link Here

(GoldScents) – FOCUS ON WHAT MATTERS

I know this is hard to do, especially when one is weathering draw downs. And of course a liberal dose of gloating from the bears during these times doesn’t help either. But let’s not get sidetracked by the little things and let’s face it, the haters are going to show up every time gold corrects. We really should be used to that by now. They’ve been doing it for 10 years. Read More Here

(TheLoomingDoom) – Superhyperinflation Just Around The Corner

The Looming Doom has learned leading experts are advising the Obama Administration that the U.S. is poised to experience the most painful economic cycle of all: the Super-Hyper-Inflation Trauma (SHIT). While there is yet slight division amongst the experts as to whether the U.S. is already in SHIT or not, once the U.S. is fully in deep SHIT, there is no quick fix. Furthermore, if the SHIT is too deep, the economy may never recover. Continue reading

Video: The Reality Report – Gary Franchi

Video: REAL ID in AZ Immigration Bill – Reality Report Special Interview

Mark Lerner, Co-Founder of the Constitutional Alliance, returns to the Reality Report to breakdown the Arizona Immigration Bill and how it relates to REAL ID by transmitting data to Department of Homeland Security Databases. Are you OK with this? Leave your comments below? Video Link Here

Video: Biometrics Exemption Bill – Reality Report Special Interview

Mark Lerner, Co-Founder of the Constitutional Alliance, returns to the Reality Report to discuss new legislation he’s working on to allow for exemption from registering from databases that require biometrics information. Leave your comments below! Video Link Here

Video: Staff Sgt. Refuses Gun Grab – Reality Report Special Interview

The Reality Report presents an interview by Stewart Rhodes of Oath Keepers with Staff Sergeant Joshua May. They discuss how Sgt. May of the Utah National Guard refused to take guns away from people during Hurricane Katrina. Video Link Here

Video: Zibgniew Brzezinski Denounces Political Awakening – NEWS ALERT

Gary Franchi  presents a new video of Zibgniew Brzezinski, member of the Trilateral Commission and the Council on Foreign Relations, admitting that the mass political awakening of the American people is putting a damper on their Globalist agenda. Help us make this video go viral. Please leave comments below. Video Link Here

Video: Kissinger’s Trilateral Commission Connection – Reality Report

Check out this latest installment with Patrick Wood, founder of the August Review, as he discusses the connection between former Secretary of State Henry Kissinger and the Trilateral Commission. He also dissects Kissinger’s relationship with President Barack Obama. Let us know what you think at Feedback@Freedom.TV! http://www.AugustReview.com View Video Here

Video: Eyewitness to Greek Riots – Reality Report Special Interview

Gregory Polites joins Gary Franchi on the Reality Report to discuss his first hand experience during the national riots in Greece. – Video Link Here

Video: US / Greece Economic Parallels – Reality Report Special Interview

Gregory Polites joins Gary Franchi on the Reality Report to discuss the current economic situation in Greece. He also warns that the United States needs to learn from what is occurring overseas, as the Euro is losing its value. Video Link Here

Video: Why The Greek Economy Crashed – Reality Report Special Interview

Gregory Polites joins Gary Franchi on the Reality Report to discuss the current economic situation in Greece. He also warns that the United States needs to learn from what is occurring overseas, as the Euro is losing its value. Video Link Here

Video: The Government As Identity Thieves – Ron Paul

(C4L) – The spotlight remains on the Greek sovereign debt crisis as the riots continue. The terms of the Greek bailout from the IMF and Eurozone countries remain contentious with citizens on all sides. Europeans hate having their governments throw public money away as much as Americans do. The Greeks are not happy about having their taxes raised while their pensions and salaries are cut. Meanwhile, it is rumored by the Financial Times, AFP and others that Greece may spend more than it saves from austerity measures on arms deals with Germany, France and the US as a potential condition of receiving bailout funds. If true, it is certainly not unprecedented for the global military industrial complex to benefit from deals made by their friends in the central banking community. After all, war is the health of the state. The last thing big government proponents want is for peace to break out in the world. Continue reading

Monetary Dictatorship

(CampaignForLiberty) – If you’re an American taxpayer, you should expect to receive a thank-you note from dole recipients in Greece fairly soon. The reason is that Barack Obama, working with his cohorts at the Federal Reserve, is using your money to bail out the Greek welfare state, thereby enabling dole recipients in Greece to continue receiving their dole.

The problem is that for decades the Greek government has been doing what the U.S. government and many other regimes have been doing: borrowing to the hilt to fund dole payments to welfare recipients. In the hope that Euro officials would not discover how bad things were in Greece, Greek officials were falsifying their financial reports. Unlike the U.S. government which has a Federal Reserve central bank, the Greek government couldn’t simply print up the money to pay off its debts. That’s because it’s part of the Euro zone, where German officials have traditionally opposed such a policy. Continue reading

Video: Keiser Report № 42 – Markets! Finance! Scandal!

This time Max Keiser and co-host Stacy Herbert look at the scandals of perfect trading days; PIIGS flying only to fall to earth five minutes later when markets realize the Euro-Tarp financiers are themselves bankrupt debt pigs; and Max Keiser explains high frequency terrorism in the Manchurian candidate markets. In the second half of the show, Max interviews post-neoclassical economic philosopher Damon Vrabel about the European bailout, the financial empire and the IMF, and how the right kind of republic can provide some solutions.