Bad Guys

Attempting to stave off the inevitable - nurturing a financial black hole

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A while ago I had the pleasure of hearing Sergey Glazyev—economist, politician, member of the Academy of Sciences, adviser to Pres. Putin—say something that very much confirmed my own thinking. He said that anyone who knows mathematics can see that the United States is on the verge of collapse because its debt has gone exponential. These aren't words that an American or a European politician can utter in public, and perhaps not even whisper to their significant other while lying in bed, because the American eavesdroppers might overhear them, and then the politician in question would get the Dominique Strauss-Kahn treatment (whose illustrious career ended when on a visit to the US he was falsely accused of rape and arrested). And so no European (never mind American) politician can state the obvious, no matter how obvious it is.

The Russians have that pretty well figured out by now. Yes, maintaining a dialogue and cordial directions with the Europeans is important. But it is well understood that the Europeans are just a bunch of American puppets with no will or decision-making authority of their own, so why not talk to the Americans directly? Alas, the Americans too are puppets. The American officials and politicians are definitely puppets, controlled by corporate lobbyists and shady oligarchs. But here's a shocker: these are also puppets—controlled by the simple imperatives of profitability and wealth preservation, respectively. In fact, it's puppets all the way down. And what's at the bottom is a giant, ever-expanding, financial black hole.

Do you like your black hole? If you aren't sure you like it, then let me ask you some other questions: Do you like the fact that your credit cards still work, or that you can still keep money in the bank and even get cash out of an ATM, or that you are either receiving or hope to eventually receive a pension? Do you like the fact that you can get useful things—food, gas, airline tickets—for mere pieces of paper with pictures of dead white men on them? Do you like the fact that you have internet access, that the lights are on, and that there is water on tap? Well, if you like these things, then you must also like the financial black hole, because that's what's making all of these things possible in spite of your country being bankrupt. Perhaps it's a love-hate relationship: you love being able to pretend that everything is still OK even though you know it isn't, and you wish to enjoy a bit more of the business-as-usual before it all goes to hell, be it for a few more days or another year or two; but you hate the fact that eventually the black hole will suck you in, after which point things will definitely... suck.

Comment: The black hole may shrivel up and die, but unfortunately it will not be without a lot of suffering on the part of ordinary people. As for the psychopaths who created this whole situation, there's really no hope of them 'snapping out of it', nor much for their authoritarian followers.


Vader

The mask comes off: EU plans to force 'communists' Tsipras and Varoufakis from power, regardless of referendum outcome

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'What do you think, Yanis, should we just go quietly?'

'I think we should tell them to go to hell!'
Greece will not get a cent in new eurozone bailout loans while Alexis Tsipras and Yanis Varoufakis remain in power, because Germany will block any such deal, one of Europe's most influential politicians has told The Times.

"Today there is the question of do we trust Tsipras and Varoufakis? The answer is clear to all parties, no," the senior German conservative said.

He also lifted the lid on a European Union attempt to push Mr Tsipras's left-wing Syriza out of power regardless of the outcome of the vote on July 5.

If Greece's prime minister and finance minister remained in office, even after a "yes" vote in Sunday's referendum, then Athens would stand no chance of a new bailout, he indicated.

Under the rules of the European Stability Mechanism, the euro's bailout fund, the German parliament, or Bundestag, has a veto or blocking vote over any new programme such as that requested by Greece at the 11th hour.

Comment: Tsipras all but conceded on every point yesterday... but the Money Masters of the Universe still said 'no more money'... because it's not about the money.

See how this has little to do with finances and everything to do with politics?

Greece 'voted the wrong way' when it democratically-elected the Syriza party into power in January.

Greece must therefore be 'course-corrected' via external financial warfare.

Will Greeks give in to fear? Or will they stand up for humanity against the banksters?


Fire

Economic collapse in motion: 16 facts highlighting the financial devastation we are seeing all over the world

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As we enter the second half of 2015, financial panic has gripped most of the globe. Stock prices are crashing in China, in Europe and in the United States. Greece is on the verge of a historic default, and now Puerto Rico and Ukraine are both threatening to default on their debts if they do not receive concessions from their creditors. Not since the financial crisis of 2008 has so much financial chaos been unleashed all at once. Could it be possible that the great financial crisis of 2015 has begun? The following are 16 facts about the tremendous financial devastation that is happening all over the world right now...

1. On Monday, the Dow fell by 350 points. That was the biggest one day decline that we have seen in two years.

2. In Europe, stocks got absolutely smashed. Germany's DAX index dropped 3.6 percent, and France's CAC 40 was down 3.7 percent.

3. After Greece, Italy is considered to be the most financially troubled nation in the eurozone, and on Monday Italian stocks were down more than 5 percent.

4. Greek stocks were down an astounding 18 percent on Monday.

Che Guevara

This referendum is a fight between the Greeks and the West's cruel capitalism

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Greek protesters support their government against EU-IMF austerity
On Sunday the people of Greece can hit back at the eurozone's busted economic system that is slowly strangling them. Their battle is ours too

Europe's top politicians agree that the Greeks will vote this Sunday on one of the most important questions facing any nation. Yet they can't settle what that question actually is. For Alexis Tsipras, the Greek prime minister, it is about whether his people will tolerate any more "strict and humiliating austerity". Not so, says Germany's Angela Merkel. She reckons the Greeks are choosing between staying in the euro and returning to the drachma. The stakes are raised higher still by the boss of the European commission, Jean-Claude Juncker: come next weekend, "the whole planet" will find out whether Greece wants to remain in Europe.

All of these may be correct, but each swerves the central importance of the moment. The reason to watch Greece this week is because a population of 11 million will hold a contest that the rest of us may one day also get to stage: a fight between democracy, and a broken political and economic system.

That battle - between what people want and what their rulers force down their throats, supposedly for their own good - can be glimpsed at every dramatic moment in Greece's recent history.

It was already there in spring 2010, when the then prime minister, George Papandreou, begged Merkel not to crush his country with austerity, and she coolly replied: "We want to make sure nobody else will want this." It marched into clear view in summer 2011 as ordinary Greeks swarmed cities demanding an alternative to their venal political elite and the Eurocrats and financiers who pulled the strings.

Stormtrooper

Prisons: America's slave empire

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© IBWC KC / YouTube
Three prisoners—Melvin Ray, James Pleasant and Robert Earl Council—who led work stoppages in Alabama prisons in January 2014 as part of the Free Alabama Movement have spent the last 18 months in solitary confinement. Authorities, unnerved by the protests that engulfed three prisons in the state, as well as by videos and pictures of abusive conditions smuggled out by the movement, say the men will remain in solitary confinement indefinitely.

The prison strike leaders are denied televisions and reading material. They spend at least three days a week, sometimes longer, without leaving their tiny isolation cells. They eat their meals seated on their steel toilets. They are allowed to shower only once every two days despite temperatures that routinely rise above 90 degrees.

The men have become symbols of a growing resistance movement inside American prisons. The prisoners' work stoppages and refusal to co-operate with authorities in Alabama are modeled on actions that shook the Georgia prison system in December 2010. The strike leaders argue that this is the only mechanism left to the 2.3 million prisoners across America. By refusing to work—a tactic that would force prison authorities to hire compensated labor or to induce the prisoners to return to their jobs by paying a fair wage—the neoslavery that defines the prison system can be broken. Prisoners are currently organizing in Arizona, California, Florida, Illinois, Ohio, Pennsylvania, Mississippi, Texas, Virginia and Washington.

Star of David

UN report details Israel's genocidal war crimes against Palestine during 2014 summer assault

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© Eyad Al Baba APA images
Palestinians pray over the bodies of eight members of the al-Haj family, killed when Israel bombed their Khan Younis house on 10 July 2014. This was one of the attacks investigated by an independent UN body that found extensive evidence of Israeli war crimes during last summer’s assault on Gaza
There can be no surprise that the UN Human Rights Council's independent investigation of Israel's assault on Gaza last summer found evidence of massive and systematic war crimes.

Its report, published Monday in Geneva, says investigators were "able to gather substantial information pointing to serious violations of international humanitarian law and international human rights law by Israel and by Palestinian armed groups."

"The extent of the devastation and human suffering in Gaza was unprecedented and will impact generations to come," the chair of the investigation commission, Justice Mary McGowan Davis told media, adding that "there is also ongoing fear in Israel among communities who come under regular threat."

Despite the "balanced" language that is now the habitual refuge of international officials hoping to avoid false accusations of anti-Israel bias, the evidence shows that the scale and impact of Israeli violence dwarfs anything allegedly done by Palestinians.

Vader

Poroshenko admits overthrow of Yanukovych was a coup

© РИА Новости. Евгений Коротенко
Ukraine's President Petro Poroshenko requests the supreme court of Ukraine to declare that his predecessor, Viktor Yanukovych, was overthrown by an illegal operation; in other words, that the post-Yanukovych government, including Poroshenko's own Presidency, came into power from a coup, not from something democratic, not from any authentic constitutional process at all.

In a remarkable document, which is not posted at the English version of the website of the Constitutional Court of Ukraine, but which is widely reported outside the United States, including Russia, Poroshenko, in Ukrainian (not in English), has petitioned the Constitutional Court of Ukraine (as it is being widely quoted in English):

"I ask the court to acknowledge that the law 'on the removal of the presidential title from Viktor Yanukovych' as unconstitutional."

I had previously reported, and here will excerpt, Poroshenko's having himself admitted prior to 26 February 2014, to the EU's investigator, and right after the February 22nd overthrow of Yanukovych, that the overthrow was a coup, and that it was even a false-flag operation, in which the snipers, who were dressed as if they were Ukrainian Security Bureau troops, were actually not, and that, as the EU's investigator put his finding to the EU's chief of foreign affairs Catherine Ashton [and with my explanatory annotations here]:
"the same oligarch [Poroshenko — and so when he became President he already knew this] told that well, all the evidence shows that the people who were killed by snipers, from both sides, among policemen and people from the streets, [this will shock Ashton, who had just said that Yanukovych had masterminded the killings] that they were the same snipers, killing people from both sides [so, Poroshenko himself knows that his regime is based on a false-flag U.S.-controlled coup d'etat against his predecessor]. ... Behind the snipers, it was not Yanukovych, but it was somebody from the new coalition."

Comment: Very interesting turn of events if true!


Attention

The Pentagon goes nuclear on Russia

© Reuters/Hamad I Mohammed
We all remember how, in early June, President Putin announced that Russia would deploy more than 40 new ICBMs "able to overcome even the most technically advanced anti-missile defense systems."

Oh dear; the Pentagon and their European minions have been freaking out on overdrive ever since.

First was NATO Secretary-General, Norwegian figurehead Jens Stoltenberg, who condemned it as "nuclear saber rattling."

Then there's Lt. Gen. Stephen Wilson, the head of US Global Air Strike Command - as in the man responsible for US ICBMs and nuclear bombers - at a recent briefing in London; "[They've] annexed a country, changing international borders, raising rhetoric unlike we've heard since the cold war times..."

That set up the stage for the required Nazi parallel; "Some of the actions by Russia recently we haven't seen since the 1930s, when whole countries were annexed and borders were changed by decree."

At His Masters Voice's command, the EU duly extended economic sanctions against Russia.And right on cue, Pentagon supremo Ashton Carter, out of Berlin, declared that NATO must stand up against - what else - "Russian aggression" and "their attempts to re-establish a Soviet-era sphere of influence."

Bets are off on what this huffin' and puffin' is all about. It could be about Russia daring to build a whole country close to so many NATO bases. It could be about a bunch of nutters itching to start a war on European soil to ultimately "liberate" all that precious oil, gas and minerals from Russia and the Central Asian "stans".

Unfortunately, the whole thing is deadly serious.

Eagle

The truth about Gaddafi's Libya, NATO's bombing, and the Benghazi 'consulate' attack

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Benghazi 'consulate' attack, given the green light from on high
We were business people doing business in Libya since 2007 January. We made a unique enzyme that rejuvenates oil wells and cleans up sludge pits, cleans out pipelines and tanks and does a whole lot of neat things to oil. We booked a huge amount of business in Libya from 2007 to 2011: 5 billion dollars worth of our product. We signed a JV with the Social Security Investment Fund of Janzour near Tripoli, Libya. We actively began to build a production facility to fulfill these contracts for our enzyme when the so called Libyan revolution began in February of 2011.

I would like to note that the Libyan people were not in any way extremist Muslims. The part of the Koran that was added by the Ayatollah Khomeini talking about killing infidels was thrown out of Libya by Ghadafi because he said it was not part of the Koran. For this there was a fatwa or death order put on Ghadafi for over 20 years by the radical extremist Muslims. All religions with a book were allowed in Libya. Women were emancipated in the 1970s by Ghadafi. No special clothing were required and all women were highly educated if they choose to be. They were doctors, lawyers, ministers, business owners, or just house wives whatever they decided.

Libya shared ½ of all the its oil revenue with its 5.5 million population. All medical care was free, if you could not get the care you needed in Libya then you could travel wherever you needed with a family member and all costs and expenses were fully paid. Education was free and if you wanted to go outside to another University that was paid in full with a stipend. When a Libyan couple got married they received a $46,000 gift from the government to start their lives. Their first home, a 2,500 sq foot condominium cost 10% of their salary for 20 years and then it was theirs. Gasoline was 44 cents a gallon, all utilities were free. If you were hungry and had no money they had huge stores of food where you could get rice, milk, cheese, flour and money to buy meat. The average salary in Libya was the highest in Africa, higher than China or India at $15,800 a year. If you had a college education and could not find a job you received that money until you found a job.

Comment: For the full story about what happened to the Moriartys - and Gaddafi's Libya - check out their fascinating (and disturbing) interview on SOTT Radio.


Bizarro Earth

All life on Earth is going through sixth mass extinction

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Diverse animals across the globe are slipping away and dying as Earth enters its sixth mass extinction, a new study finds.

Over the last century, species of vertebrates are dying out up to 114 times faster than they would have without human activity, said the researchers, who used the most conservative estimates to assess extinction rates. That means the number of species that went extinct in the past 100 years would have taken 11,400 years to go extinct under natural extinction rates, the researchers said.

Much of the extinction is due to human activities that lead to pollution, habitat loss, the introduction of invasive species and increased carbon emissions that drive climate change and ocean acidification, the researchers said.

"Our activities are causing a massive loss of species that has no precedent in the history of humanity and few precedents in the history of life on Earth," said lead researcher Gerardo Ceballos, a professor of conservation ecology at the National Autonomous University of Mexico and a visiting professor at Stanford University.

Ceballos said that, ever since he was a child, he struggled to understand why certain animals went extinct. In the new study, he and his colleagues focused on the extinction rates of vertebrates, which include mammals, birds, reptiles, amphibians and fishes.

First, they needed to establish how many species go extinct naturally over time. They used data from a 2011 study in the journal Nature showing that typically, the world has two extinctions per 10,000 vertebrate species every 100 years. That study based its estimate on fossil and historical records.

Moreover, that background extinction rate, the researchers found, was higher than that found in other studies, which tend to report half that rate, the researchers said.

Then, Ceballos and his colleagues calculated the modern extinction rate. They used data from the International Union for Conservation of Nature (IUCN), an international organization that tracks threatened and endangered species. The 2014 IUCN Red List gave them the number of extinct and possibly extinct vertebrate species since 1500.

Comment: Read The Vegetarian Myth by Lierre Keith to get an idea of the wholesale destruction of our planet and what we are up against when it comes to sustainability and our future.