This is Congressman Alan Grayson questioning Federal Reserve Chairman Ben Bernanke on $550B of loans to foreigners (or ‘central liquidity swaps’ in Federal Reserve-ese’).
Which financial institutions received this money? Bernanke’s answer: I don’t know.
As the Fed was lending this money, the dollar increased by 30% in value. Grayson asks, was this a coincidence? Bernanke’s answer: yes.
Tim Geithner Refuses To Answer Brad Sherman On Some Questions
“Bernanke Threatens The Congress” We will [...]
Washington » The federal government would start collecting fingerprints from foreigners at the nation’s busiest airports under a plan sponsored by Sen. Orrin Hatch.
The Senate Judiciary Committee accepted the Utah Republican’s amendment to a broad immigration reform bill Monday, saying it is a financially feasible step toward a universal biometric security systemat all land, air and sea ports.
Money can’t buy love, but it can open the door to US citizenship
While most U.S. residents cannot put a price tag on the value of citizenship, Svetlana Anikeeva and her husband can — $500,000.
That’s because the Russian immigrants came to the U.S. through the EB-5 visa program, a federal initiative that allows foreigners to earn a green card granting them permanent residency – and a path to citizenship – in [...]
Under the immigration reform bill, some employers would have an incentive of up to $3,000 per year to hire a newly legalized immigrant over a U.S. citizen.
In avoiding one controversy — the cost of providing millions of newly legalized immigrants with ObamaCare subsidies — the Senate “Gang of Eight” may have risked walking into another.
Immigration Bill ‘Worse Than We Thought,’ Legalizes Relatives and Previously Deported
CNS News quotes Rep. Lamar Smith from [...]
A 17-year-old girl has exposed the scale of Islamic sex tourism in India where Muslim men from the Middle East and Africa are buying ‘one month wives’ for sex.
Campaigners for Muslim women’s rights said while short term ‘contract marriages’ are illegal in India and forbidden in Islam, they are increasing in Hyderabad, in southern India, where wealthy foreigners, local agents and ‘Qazis’ – government-appointed Muslim priests – are exploiting poverty among the [...]
Pyongyang slams Seoul for ‘insulting’ founder’s birthday
North Korea criticized South Korea on Sunday for “insulting” celebrations marking the birth of its founder, as the world keeps a close watch on what the North’s next move will be after weeks of bellicose threats.
Monday will mark the birthday of the North’s founder Kim Il-sung, the grandfather of the current leader Kim Jong-un. In recent weeks, the North has issued a torrent of [...]
CORRECTED: Just in: “War is just a matter of time,” @clancycnn quotes latest reports on North Korea TV this AM. #dprk
Steve Herman ‏@W7VOA 35s
#DPRK CPRK claims in statement panic buying of food & foreigners scrambling to leave #ROK “as war could break out at any moment.”
North Korea warns it has ‘powerful striking means’ on standby
The Committee for the Peaceful Reunification of the Fatherland also said Thursday it has entered co-ordinates [...]
#DPRK CPRK: Target coordinates entered into means for a powerful strike.
3:08am – 11 Apr 13
North Korea warns it has ‘powerful striking means’ on standby
The Committee for the Peaceful Reunification of the Fatherland also said Thursday it has entered co-ordinates for targets. But it didn’t elaborate on what it meant.
Steve Herman ‏@W7VOA 35s
#DPRK CPRK claims in statement panic buying of food & foreigners scrambling to leave #ROK “as war could [...]
What is going on with North Korean and the USA? Latest threats from Korean…Pentagon taking it “very seriously!!”…..What are they (us and china) actually doing and saying to upset the Koreans so much?
North Korea CNN Breaking News Highest Alert – YouTube
BREAKING NEWS!!!! ALERT Going to war!! WW3 – YouTube
North Korea urges foreigners in South to evacuate – YouTube
Here it says that 22 million North Koreans are starving and this is [...]
March 1, 2013
China executed four foreigners on Friday for killing 13 Chinese sailors in an attack on the Mekong River, following a live nationwide broadcast showing them being led to their deaths that harkened back to the mass public execution rallies of past years.
The attack on the sailors on the Mekong highlighted drug smuggling and extortion rackets along the vital waterway and led to a major expansion of Chinese police [...]
In 2012, this was how it worked: You purchased a property with a mortgage of 80% for urban or 70% for rural properties. The mortgage was calculated, not on the purchasing price, but on the banks estemate of the value, which usually was higher than the actual price. This ment, that most people could get 100% financing on their homes. Then you paid around 8% purchasing tax, based on the [...]
French Prime Minister Jean-Marc Ayrault himself presided over Monday’s meeting of the National Anti-Fraud Committee—“a first for a head of government,” he said at the press conference afterward, to hammer home just how important this was. But he wasn’t worried about run-of-the-mill fraud that might fleece some old lady of her life savings. He was worried about people not paying their taxes.
He is desperate. In its just released annual report, France’s [...]
Britain, Germany and the Netherlands urged their citizens to immediately leave the eastern Libyan city of Benghazi on Thursday in response to what they called an imminent threat against Westerners.
European officials told The Associated Press that schools were among the potential targets.
The warnings came a day after U.S. Secretary of State Hillary Rodham Clinton testified to Congress about the Sept. 11 attack on the U.S. diplomatic mission in Benghazi that [...]
Some of terrorists ‘given short-term contracts by the oil and gas giant’
Five of Al Qaeda operatives were ‘taken alive’ by Algerian army today
Witness describes one terrorist speaking with a ‘perfect English accent’
Some of the terrorists involved in the Algeria hostage crisis in which up to five Britons died had been working at the BP plant where the atrocity took place, it was claimed today.
They had been given short-term contracts by [...]
Europe’s Banking System Is Breaking Down Again
Greece’s four largest banks need to boost their capital by 27.5 billion euros ($36.3 billion) after taking losses from the country’s debt swap earlier this year, the largest sovereign restructuring in history.
National Bank of Greece SA, the country’s biggest lender, needs to raise 9.8 billion euros, according to an e-?mailed report by the Athens-?based Bank of Greece (TELL) today. Eurobank Ergasias SA (EUROB) needs 5.8 billion [...]
Forty-one Westerners, including 7 Americans were taken hostage today on a gas site east of Algeria, said a spokesman for the Islamist group that has abducted two city sites information Mauritania, Nouakchott information Agency and Sahara Media.
Islamists claim 41 Western hostages at Algerian gas field: media
Islamist militants claimed Tuesday they were holding 41 Western hostages at an Algerian gas field.
Islamist rebels seize 5 Japanese nationals, 1 French citizen in south Algeria, [...]
Algerian security officials say two people have been killed and several foreigners abducted in an attack on a gas facility near In Amenas in the east of the country.
IRISHMAN CONFIRMED TO HAVE BEEN KIDNAPPED.
Ireland’s Deputy Prime Minister Eamon Gilmore called for the Irishman’s immediate release.
He said: “The Government stands ready to use all the resources available to us to ensure that our citizen is released as soon as possible.
The fourth-richest man in the world, worth $41 billion according to Forbes, is not all that savvy when it comes to picking the right nations in which to store wealth. France’s richest man, Bernard Arnault, would have done himself some good by subscribing to The Dollar Vigilante before embarking upon his current fiasco or, for that matter, reading any of the freedom press available on the Internet.
In recent weeks, a report from the [...]
by J. D. Heyes, Natural News:
The global economic crisis is worsening, especially in the hard-hit Eurozone, where nation after nation continues to struggle with a growing recession coupled with high unemployment, rising debt and low growth.
One of the zone’s biggest sufferers is Spain, which recently began considering a measure that would allow foreigners permanent residency if they purchase a home worth at least $200,000.
As the country’s unemployment rises and its recession worsens, government [...]
by Charles Hugh-Smith of OfTwoMinds blog,
The dollar rises for the same reason gold and grain rise: scarcity and demand.
Which is easier to export: manufactured goods that require shipping ore and oil halfway around the world, smelting the ore into steel and turning the oil into plastics, laboriously fabricating real products and then shipping the finished manufactured goods to the U.S. where fierce pricing competition strips away much of the premium/profit?
Or electronically printing [...]
A “renminbi bloc” has been formed in East Asia, as nations in the region abandon the US dollarand peg their currency to the Chinese yuan — a major signal of China’s successful bid tointernationalize its currency, a research report has said.
The Peterson Institute for International Economics, or PIIE, said in its latest research that Chinahas moved closer to its long-term goal for the renminbi to become a global reserve currency.
by Phoenix Capital Research
During its first term in office, the Obama Administration thus far has proven itself in favor of increased Government control and Central Planning. That is, the general trend throughout the last four years has been towards greater nationalization of industries (first finance, then automakers and now healthcare and insurance), as well as greater reliance on our Central Bank to maintain our finances.
Last year the US Federal Reserve bought [...]
WASHINGTON – Using a Pakistani Internet Protocol and proxy server, a disposable credit card and a fake address, “Osama bin Laden” has successfully donated twice to Barack Obama’s presidential re-election campaign.
The “Bin Laden” donations, actually made by WND staff, included a listed occupation of “deceased terror chief” and a stated employer of “al-Qaida.”
The apparently foreign-based contributions were conducted as a test after a flurry of media reports described the ability [...]
As made obvious by the third-party presidential debates, Romney and Obama’s foreign policy is virtually identical.
They both favor elective, preemptive wars of aggression. They both want to force regime change in Syria, and they both characterize Iran as the “biggest threat” to the U.S.
Forbes’ Pascal-Emmanuel Gobry writes:
The debate could not plausibly be a real debate because of the following parameters: Barack Obama has essentially pursued the same foreign policy as the Bush Administration, and Romney [...]
“Do you want Catalonia to become a new state within the European Union?” That may be the question on the referendum that is causing a constitutional crisis in Spain even before the final wording has been decided. Efforts by Artur Mas, President of Catalonia, to pry his region loose from Spain are not only shaking up Spain but are pushing the European Union deeper into the conflict—just as Spain is [...]
What If I Am Wrong About Europe?
I have long stated the eurozone will breakup. Historically speaking, no currency union has ever survived in the absence of a political union.
Moreover, in It’s Just Impossible I noted
The Bundesbank said there should be no banking union until there is a fiscal union.
Angela Merkel said that there should be no fiscal union until there is political union.
François Hollande said that there should be no political union [...]
Do they know that the drought will linger for years and are making OTHER plans??
With soy prices soaring and a lingering drought in the US, farmers like Corzine are looking at places like Brazil to add new land. But they are facing new challenges, as Brazil debates restricting the amount of farmland foreigners can purchase.
In August 2010, Brazil’s attorney general issued a re-interpretation of a 1971 law – which was [...]
Even After Mea Culpas For Horrible Iraq War Coverage, American Media Does the Same Thing With Iran
The American people are being bombarded with messages that Iran will launch an attack unless it is bombed.
For example, this is a top AP headline from today:
The headline is being parroted by virtually every media outlet:
Only upon a closer reading of the AP article can we see what Iran actually said:
In other words, Iran [...]
Reports are emerging of a suicide attack on a minibus carrying foreigners near the Afghan capital, Kabul.
At least six people are thought to have died in the bombing, which took place on a busy road leading to the airport, police said.
At least 10 people were killed, including nine foreigners, when a suicide bomber blew himself up alongside a minivan on a busy highway leading to the airport in the Afghan capital, [...]
Rebels in Syria are becoming increasingly radicalised as more and more foreign fighters join the battle to overthrow President Bashar al-Assad’s regime, United Nations human rights investigators have warned.
The UN team, expressing concern at the “increasing and alarming presence” of Islamist militants in Syria, said the numbers of human rights abuses committed by both sides had risen dramatically in recent weeks.
The independent panel of experts, commissioned by the UN Human [...]
* UBS: Hundreds of billions of francs to leave Swiss banks
* UBS: Own client withdrawals offset by inflows elsewhere
* UBS still sees reason for clients to bank in Switzerland
* UBS investing in Germany, Britain, Italy
ZURICH, Sept 17 (Reuters) – UBS expects Swiss banks to see European clients withdraw “hundreds of billions of francs” as a result of steps to stop foreigners using secret accounts to evade taxes….
Read more: http://www.businessinsider.com/hundreds-of-billions-of-dollars-expected-to-be-withdrawn-from-swiss-banks-amid-tax-evasion-crackdown-2012-9#ixzz26jUgtntk
Libya President Mohamed Yousef El-Magariaf said Sunday that 50 arrests have been made in connection with last week’s “preplanned” attack on the U.S. consulate in Benghazi that left U.S. Ambassador Chris Stevens and three other Americans dead.
“The way these perpetrators acted and moved — I think we, and they’re choosing the specific date for this so-called demonstration, I think we have no, this leaves us with no doubt that this was pre-planned, [...]
Libyans and “foreigners” carried out the attack on the U.S. Consulate in Benghazi that killed the U.S. ambassador and three other Americans, Libyan President Mohamed Magariaf told NBC News on Saturday.
Magariaf’s interview with NBC’s Ayman Mohyeldin was the first time any Libyan official has said foreigners were involved in the planning and execution of the Tuesday night attack that took the lives of U.S. Ambassador Christopher Stevens and three others.