by Michael
Federal Reserve Chairman Ben Bernanke is on the way out the door, but the consequences of the bond bubble that he has helped to create will stay with us for a very, very long time. During Bernanke’s tenure, interest rates on U.S. Treasuries have fallen to record lows. This has enabled the U.S. government to pile up an extraordinary amount of debt. During his tenure we have also seen mortgage [...]
When a central bank like the Federal Reserve turns itself into a hedge fund, you know the lunatics have fully taken over the asylum. leverage is leveraged again. madness is the meme.
The Greenspan put has been around at least since 1998 when LTCM was so conveniently bailed out by the Reverend ” free money ” Al. Bernanke has continued the tradition.
The result has been a set of incredible bubbles around [...]
by Michael
How would you feel if you donated money to help disaster victims or cancer patients and you later found out that more than 97 percent of the money that you gave never got into the hands of the people that needed it? Sadly, that is happening all over America today. In fact, in some of the worst cases, less than a penny of every dollar that is donated ends up [...]
by Michael
Every night Americans prove that they are willing to do absolutely horrible things to their fellow human beings. Most of the time, we never even hear about the sick and twisted things that happen on the side streets and dark alleys of America. Once in a while a particularly twisted story will get picked up by the news, but usually most Americans are pretty much able to isolate themselves from [...]
“Bad Banks” a bomb of € 1.000 billion for European taxpayers
Overshadowed by the sovereign debt crisis and the recession of the real economy, the crisis “subprime” is not a done deal. Detonator European financial bomb, it leaves a bill that banks and European states are not ready to settle. To save big banks, crippled by bad debts and illiquid assets accumulated over the years since 2007, constituted “bad banks.” Balance, six years after [...]
Mac Slavo
June 18th, 2013
SHTFplan.com
(Passenger Daniel Perry is escorted off of a United Flight originating in Hong Kong.
Is he a national intelligence asset?)
To add further drama and confusion to the story of Edward Snowden, NSA Spying and Central Intelligence Agency involvement, a passenger on a U.S. bound flight out of Hong Kong Monday claimed that intelligence agents had detained him, were going to kidnap him, take him to a safe house, [...]
ALERT: Peter Morici: As Federal Reserve meets, Americans should consider cutting spending
Wednesday, the Federal Reserve is expected to indicate how quickly it will push up interest rates.
Ordinary Americans can expect monthly payments on home purchases to rise, selling houses they already own to get tougher, and interest rates to jump on credit cards and other consumer loans.
Recent retail sales reports indicate the average family is spending freely and not saving [...]
by Phoenix Capital Research
The big question on every investors’ lips today and tomorrow is: “will the Fed announce or hint at tapering QE?”
Over the last two years, one of the biggest tools in the Fed’s arsenal has been verbal intervention: the act of saying something in order to push the market up. Time and again 2011-2012 saw various Fed Presidents appear at key points to push the market higher by promising more [...]
Obama Drops A Big Hint That Bernanke Isn’t Coming Back
President Barack Obama hinted in an interview aired on Monday that he may be looking for a new chief of the U.S. Federal Reserve Bank, saying current Chairman Ben Bernanke has stayed a lot longer than he had originally planned.
Obama, speaking to Charlie Rose, host of a PBS interview program, compared Bernanke to longtime FBI Director Robert Mueller, who agreed to [...]
Sharyl Attkisson Shares Update On Computer Hacking Investigation
Just days after CBS News confirmed that reporter Sharyl Attkisson’s computer had indeed been hacked, Attkisson spoke to Dom Giordano about the investigation.
“This suspicious activity has been going on for quite some time – both on my CBS computer and my personal computer,” Attkisson said. “CBS then hired its own independent cyber security firm, which has been conducting a thorough forensic exam … [...]
Pressure builds for China rate cut
THE prospect of an interest rate cut in China is growing after a sudden surge in the nation’s short-term money market rates.
The Shanghai Interbank Offer Rate (Shibor) has spiked in the past week to the highest level in more than a year, prompting fears of a liquidity crisis in China’s financial system.
The rate, which measures the rate at which banks lend to one another, has [...]
Peter Schiff: US economy is “completely phony”, take away cheap money & it implodes
It is important to know that many factors are involved in building pressure underground, and many others involved in triggering earthquakes.
Not all coronal holes produce quakes and not all major upticks in seismicity occur with coronal holes.
An uptick has begun again, the coronal holes are set.
Not every such situation creates the danger, but it seems the danger prefers these situations.
HAARP Server Down
http://www.haarp.alaska.edu/
1 massive coronal hole and 7 active regions currently [...]
The ‘Lifeline’ free-cell-phone scheme cost $2.2 BILLION last year alone, all of it from fees added to the phone bills of paying customers
The biggest beneficiary other than low-income consumers is billionaire Carlos Slim Helu, whose TracFone has collected $1.5 BILLION to date
One company told MailOnline it will fire a salesperson who laughed uproariously when a woman said she would sell her phone to buy shoes
Conservative firebrand James O’Keefe sent undercover [...]
As many as 200,000 demonstrators marched through the streets of Brazil’s biggest cities on Monday in a swelling wave of protest tapping into widespread anger at poor public services, police violence and government corruption.
http://www.reuters.com/article/2013/06/18/us-brazil-protests-idUSBRE95G15S20130618
Brazil is under Siege: Protest in all Major Cities. Rio 100 thousands, Sao Paulo, 65 thousands. Brasilia, Capital: Congress was invaded.
http://blogs.estadao.com.br/estadao-urgente/manifestantes-fazem-quinto-ato-contra-o-aumento-da-tarifa-de-onibus-em-sao-paulo/
Brazil riots: Tens of thousands of demonstrators march through city streets in widespread anger over gov’t corruption
http://www.nydailynews.com/news/world/tens-thousands-riot-brazil-article-1.1375313#ixzz2WXlEx8m6
“At [...]
This was amazing to watch. I think I was the only one noticing what was happening outside the window of the plane, and this time I captured it. On a previous occasion I saw a load of Japanese sewing machines with ‘this way up’ and ‘fragile, handle with care’ stickers over the boxes also being thrown on to the conveyor.
Lesson: Pack it well, because it wont be treated well.
by GoldCore
Gold was little changed on Tuesday as investors awaited guidance from a Federal Reserve meeting on the outlook for the bank’s still incredibly ultra loose stimulus programme, amid mixed U.S. economic data.
Uncertainty about the tenure of Federal Reserve Chairman Bernanke and the possibility of his early retirement may lead to increased risk aversion which will support gold.
Platinum’s fundamentals look increasingly strong and platinum is an attractive diversification for bullion [...]
Mac Slavo
June 18th, 2013
SHTFplan.com
When the Cypriot government forced account holders to cover bank losses earlier this year most of the world assumed this was a one-off event, limited only to the people of Cyprus.
Though warnings urging depositors to get their money out of banks spread across the world, few have taken them seriously.
Perhaps now they’ll reconsider.
We’re all familiar with bail-outs, as in the government rescuing failed institutions, namely banks, by injecting them with [...]
by Michael
What do 1929, 2000 and 2007 all have in common? Those were all years in which we saw a dramatic spike in margin debt. In all three instances, investors became highly leveraged in order to “take advantage” of a soaring stock market. But of course we all know what happened each time. The spike in margin debt was rapidly followed by a horrifying stock market crash. Well guess what? It [...]
DESCRIPTION: The majority of radioactive fallout from the Fukushima nuclear power plant tragedy was absorbed by the Pacific Ocean. What does that mean for seafood safety?
Unfortunately our oceans have become humanity’s sewers; everything eventually flows down into the sea.
Another great video by Dr. Greger
Uprooting the Leading Causes of Death
DESCRIPTION: Death in America is largely a foodborne illness. Focusing on studies published just over the last year in peer-reviewed scientific medical [...]
After teasing by pundits and even President Barack Obama himself about his infamously Lew-py signature, Treasury Secretary Jacob Lew has reconfigured his official John Hancock and submitted it for printing on U.S. currency, and the new version was unveiled via Twitter on Tuesday afternoon.
The signature will begin appearing on bills this fall, the Treasury Department said, and will start with the $5 note. It takes about 18 weeks to implement the series change for [...]
Englander explains that in addition to economic improvement, this is the Fed’s big worry.
I would add concern that balance sheet expansion is generating returns driven by pure risk, rather than top line gains. The evidence: strong outperformance of dividend versus growth and NASDAQ stocks in the first four months of 2013, the bidding up of low quality EM debt markets, the boom in non-investment grade debt and the exponential improvement [...]
MASSIVE EXPLOSION FROM MEXICO VOLACNO!!!!
From the June 17, 2013 edition of “Glenn Beck” on TheBlaze TV: WARNING- This video contains DISTURBING images. The Obama administration, along with PROGRESSIVE Republicans AND Democrats are OK providing assistance to the Syrian ‘rebels’…the same ‘rebels’ who have pledged allegiance to Al Qaeda and who cut the heart and liver out of their enemies and eat it.WE MUST NOT GET INVOLVED IN THIS WAR!
SHARE THIS VIDEO WITH EVERYONE!
The IRS may have utilized surveillance data collected by the National Security Agency to harass political opponents of the Obama administration, including the tea party, charged NSA whistleblower William Binney in a radio interview.
After working in the intelligence community for more than 30 years, Binney retired from the NSA in 2001. He co-founded a unit on automating NSA signals intelligence and served as technical leader for NSA intelligence in 2001. [...]
Last Monday, our Malcolm Massey, Neil Foster and Mark Anderson took a post-Bilderberg walk around the Grove Hotel to see what they could see. What they found was a meeting room with a Thomson Reuters display panel.
The display panel with Thomson Reuters logo clearly marked was entitled “unleashing the power of our unified platform on financial markets”.
A Bilderberg Agenda Item?
Why would Thomson Reuters advertise to Bilderberg Attendees? It is easy [...]
Radar indicated a tornado briefly touched down Tuesday over the east runways of Denver International Airport, where thousands of people took shelter in bathrooms, stairwells and other safe spots until the dangerous weather passed, officials said.
http://abcnews.go.com/US/wireStory/tornado-spotted-denver-airport-terminal-19430750#.UcDxf_lfAls
HUGE crowds of millions!!! Brazil is coming apart at the seems!!!
http://undergroundworldnews.blogspot.com/2013/06/brazil-erupts-as-millions-protest-banks.html
From Bloomberg:
Tucked deep in the 1,198-page U.S. House agriculture policy legislation is an initiative to guarantee prices for sushi rice. So too is insurance for alfalfa and a marketing plan for Christmas trees.
Catfish farmers also get a morsel in the proposal being taken up this week: profit-margin insurance. The products represent a tiny fraction of the $440 billion U.S. farm economy.
Yet each is slated to receive special treatment — either [...]
Most investors can’t tell the difference between “sponsored investment research” and independent analysis, and that’s exactly what the “sponsors” — typically small companies paying for a marketing campaign that will inflate their stock activity and value — are counting on.
The difference gets even tougher to figure out when the sponsor hires someone who is known for giving independent commentary colored only by their own feelings and research.
http://www.marketwatch.com/story/fox-commentator-paid-50000-to-tout-stock-2013-06-18?link=MW_home_latest_news
Google asked the secretive Foreign Intelligence Surveillance Court on Tuesday to ease long-standing gag orders over data requests it makes, arguing that the company has a constitutional right to speak about information it’s forced to give the government.
The legal filing, which cites the First Amendment’s guarantee of free speech, is the latest move by the California-based tech giant to protect its reputation in the aftermath of news reports about sweeping National Security [...]
Conservative activists are planning to storm Capitol Hill on Wednesday for what they are predicting will be “the largest Tea Party protest since 2010.”
The protest — drawing tea partiers like TV host Glenn Beck and Kentucky Sen. Rand Paul — is in response to the Internal Revenue Service’s recent admission that it has been specifically targeting conservative groups for extra scrutiny.
The gathering on the West Lawn of the Capitol is being called [...]
Heavy blasts are rocking an ammunition depot in Russia’s Samara Region, where over 13 million shells are stored. The police have started evacuation of the nearby communities.
DETAILS TO FOLLOW
http://rt.com/news/ammunition-depot-blasts-russia-888/
Pic:
https://twitter.com/energo_young/status/347023173281280000/photo/1
https://twitter.com/NewsBreaker/status/347041405195149313/photo/1
Video:
http://news.progorodsamara.ru/news/view/153574
Anonymous
Israel’s President Peres calls for independent Palestinian state – @CNBC http://bit.ly/11lHm7y
Israeli President Shimon Peres called for the establishment of an independent Palestinian state: http://cnb.cx/10uaLhg
now? after 50 yrs trying to exterminate them? RT @breakingpol Israel Prez calls for independent Palestinian state http://bit.ly/11lHm7y
Israeli President Shimon Peres called for the establishment of an independent Palestinian state: http://cnb.cx/10uaLhg
Kerry trying to build support for peace talks that would establish an independent Palestinian state http://wapo.st/14ZJ3du
Obama: Palestinians [...]
Cyprus’ president is asking EU leaders to completely alter the country’s $13 billion bailout.
This is according to an exclusive report from the FT’s Peter Spiegel.
President Nicos Anastasiades warned in a letter that the small island nation might not be able to meet the terms of the rescue agreement because it had harmed the country’s economy too much.
Read more: http://www.businessinsider.com/cyprus-wants-to-overhaul-bank-bailout-2013-6#ixzz2WaWLIsNR
How The Supreme Court Justices Made Their Millions
Ruth Bader Ginsburg boasts the highest potential net worth at $18.1 million withStephen Breyer a close second at $17.1 million. Both were appointed by former President Bill Clinton.
However, Ginsburg’s actual net worth may be as low as $4.4 million and Breyer’s as low as $5 million. Federal officials are also exempt from disclosing the value of their homes, making an accurate calculation even [...]
You Can Now Send Personalized Messages Into Space
In 18 years, messages beamed out into space from Earth by a new alien-messaging project Monday (June 17) will reach a distant star system known as Gliese 526.
Officials with the Lone Signal project — a newly launched website designed to send user-written notices to any extraterrestrials who may receive them — hope that their messages might open the first dialogue between Earth and [...]
They Know: Billionaires Are Quietly And Rapidly Dumping Millions Of Shares Of Stock
After the massive crash that rocked global markets in 2008, as Congress, central bankers and major financial institutions met in secret to mitigate the crisis, billionaires like Warren Buffet were buying up shares of some of the hardest hit companies.
At the time, the world was literally on the brink of an unprecedented economic collapse. It was so serious, [...]
WATCH: 2008 Times Square Bike Bomber Plants Explosive
View more videos at: http://nbcmiami.com.
The FBI released new surveillance video that tracks the bike-riding suspect in the 2008 Times Square military recruiting station bombing from 37th Street to the device drop-off point. The surveillance video also captures the moments before and after the explosion.
What took them so long to release it?
PRISM justification?
Eiffel Tower is evacuated for two hours after man threatens suicide -@AFP
Eiffel tower evacuated after latest suicide bid http://www.ndtv.com/article/world/eiffel-tower-evacuated-after-latest-suicide-bid-381263 …
#world Eiffel tower evacuated after latest suicide bid: The Eiffel Tower had to be evacuated for two hours on… http://dlvr.it/3XQm3f
#SuryaRay #Indian Eiffel tower evacuated after latest suicide bid http://dlvr.it/3XQjZZ @SuryaRay #India
“@ndtv: Eiffel tower evacuated after latest suicide bid http://www.ndtv.com/article/world/eiffel-tower-evacuated-after-latest-suicide-bid-381263 …” What a pity I was in Eiffel Tower in Aug 03 with my [...]
DEVELOPING: @juddzeez: “suspicious package out front [of Washington D.C. CBS News building]. They’ve cleared the block”
DEVELOPING: CBS News building in DC evacuated. Reports of suspicious pkg. https://vine.co/v/hBxYdFKYHi1 – @juddzeez WATCH: pic.twitter.com/YtDrREbFFZ
BREAKING PHOTO: Suspicious pkg in front of CBS News in D.C. MPD evacuated bldg, shut down M St pic.twitter.com/RH8wJ4zWwc – @stevechaggaris
DEVELOPING: @juddzeez: “CBS News Washington evacuated for suspicious package. Awaiting guidance” pic.twitter.com/LBOU91K3n2
#DEVELOPING: @CBSNews building in #WashingtonDC evacuated. Reports of suspicious [...]
Clashes in south Lebanon kill 2: BEIRUT (AP) — Heavy clashes erupted Tuesday between unknown gunmen and follow… http://yhoo.it/12HfoES
Clashes in south Lebanon kill 2 http://yhoo.it/12HfnRr #sp4zee
At least 2 killed in clashes in South #Lebanon http://bit.ly/11vNZ41
Clashes in south Lebanon kill 2 http://dlvr.it/3XQWHS
Clashes in south Lebanon kill 2 http://dlvr.it/3XQLZR (cc: @JIDF) #JIDF
At least 2 are killed in clashes in southern Lebanon - @AlArabiya_Eng
President Obama on Taliban peace talks: ‘I want to publicly commend Afghan President Karzai for taking this courageous step’ -@NBCNews
Afghan President Hamid Karzai says local forces now taking security lead from Nato at formal handover ceremony in Kabul
Peace talks with dictators, terrorists and barbarians. SWELL. // http://f24.my/17VCMRz via @FRANCE24
Afghanistan forces take charge of national security: Kabul, Afghanistan — Afghan President Hamid Karzai announ… http://bit.ly/15gpx7D
UPDATE: Taliban official in Qatar says no [...]
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WSJ: FOXNEWS guest paid $50k to tout stock
Most investors can’t tell the difference between “sponsored investment research” and independent analysis, and that’s exactly what the “sponsors” — typically small companies paying for a marketing campaign that will inflate their stock activity and value — are counting on.
The difference gets even tougher to figure out when the sponsor hires someone who is known for giving independent commentary colored only by their own feelings and research.
http://www.marketwatch.com/story/fox-commentator-paid-50000-to-tout-stock-2013-06-18?link=MW_home_latest_news