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Stock Down

Insiders tell all: Both the stock market and the SEC are rigged (but we know that already)

obama wall street

President Obama Nominates Mary Jo White for Chair of the Securities and Exchange Commission
Since bestselling author Michael Lewis appeared on 60 Minutes on March 30 to promote his new book, Flash Boys, and explained how the U.S. stock market is rigged; and Brad Katsuyama, the head of IEX, an electronic trading platform who plays a central role in the Lewis book, did the same on CNBC a few days later, the debate has gone viral.

But Lewis and Katsuyama were not the first to blow the whistle on rigged U.S. stock markets. Sal Arnuk and Joseph Saluzzi, Wall Street insiders and co-founders of Themis Trading LLC literally wrote the book on Broken Markets in 2012 and have been exposing details of the rigging on their blog ever since.

Wall Street Journal reporter, Scott Patterson, mapped out the exotic and corrupt order types permitted by the stock exchanges to fleece the little guy in his 2012 book, Dark Pools, which follows the trading career of Haim Bodek, who has set up his own web site to blow the whistle on just how badly the stock market is rigged.

Following all the media hoopla, the FBI has recently announced that it has opened an investigation into the allegations. But under the Securities Exchange Act of 1934, the FBI is not in charge of rigged stock exchanges - the Securities and Exchange Commission is. But according to insiders, the SEC has stood down in much the same fashion that it ignored warnings about Bernard Madoff from whistleblower Harry Markopolos for years. The explanation for the SEC's inaction, many traders feel, is that the SEC itself is rigged against Main Street in favor of big Wall Street firms. That view has found support among the SEC's own insiders.
USA

Rebel videos, photos show US-made rockets in Syria

© Screenshot from youtube video by asim zedan
Recently emerged videos and photos show Syrian rebels armed with what experts say are US anti-tank rockets. These are the first significant American-built armaments to be seen in the country, as the civil war reaches a stalemate.

Although it was not possible to independently verify the footage - most of which has now been removed from YouTube - analysts said that BGM-71 TOW anti-tank rockets, made by the US, were shown in the videos. However, they added that the rockets could have been supplied by an American ally such as Saudi Arabia, possibly with Washington's tacit agreement, Reuters reported.

"With US-made TOW anti-tank missiles now seen in the hands of three groups in the north and the south of Syria, it is safe to say that is important," said Charles Lister, a visiting fellow at the Brookings Institution Doha center, who was one of the first people to identify the weapons.
USA

Afghanistan Newspeak: 10 ways the US skews the narrative

As the clock ticks down to the promised withdrawal from Afghanistan, the US military is trying to figure out how to market the idea that the international intervention has actually accomplished its core mission - bringing peace and stability to a nation that has known little of either for the past 35 years.

The solution: a little Newspeak.

As George Orwell described the wonders of this invention: "It means a loyal willingness to say that black is white ... But it means also the ability to believe that black is white, and more, to know that black is white, and to forget that one has ever believed the contrary."

Welcome to the war in Afghanistan.

Comment: Also see: U.S. troops are needed in Afghanistan to 'protect women'? Really?

Cow

The Bundy Ranch video Facebook won't let you see?

The image above may well go down in history. We can all recall a time when a black woman named Rosa Parks defied law and won. No need exists to paint the picture. You already know it. You can already see her. Here we see a modern representation as Americans awaken to the insidious growth of our federal Creature. Over the weekend, a fierce standoff between Bundy Ranch militiamen and the Bureau of Land Management (BLM) came to an end - For now...

Highlights from the events that took place are finished off with a dramatic conclusion in a Youtube video watermarked by InfoWars.

Posted yesterday, the video already has 105k hits. For all intents and purposes, the video has gone viral. However, some are saying that Facebook is doing its best to stand in the way of people seeing it. Reports started flooding the internet claiming that Facebook was blocking the video from being posted directly to their walls.Highlights from the events that took place are finished off with a dramatic conclusion in a Youtube video watermarked by InfoWars.

Comment: BLM fracking racket exposed! Armed siege and cattle theft from Bundy ranch really about fracking leases

War Whore

Israel's intelligence minister slams comments by U.S. Secretary of State John Kerry

Israel's intelligence minister Monday slammed as unacceptable comments by US Secretary of State John Kerry on negotiations with Iran over its nuclear programme which he said indicated a "surrender" to Tehran.

"The things Kerry said in the Congress are worrying, they are surprising and they are unacceptable," Yuval Steinitz, who is also strategic affairs minister, told public radio.

"We watch the negotiations with concern. We are not opposed to a diplomatic solution but we are against a solution which is entirely a surrender to Iran and which leaves it a threshold nuclear state," Steinitz said.

In remarks to US lawmakers last week Kerry warned that the Islamic republic was two months away from breakout capability to produce enough nuclear material for a bomb should they resume their mothballed enrichment process.

Responding to reports that international negotiations with Iran should focus on extending the time it would take for Iran to produce nuclear weapons to between six and 12 months Kerry said the ultimate goal was assurance that Iran never build an atomic bomb but slowing the process would be an improvement on the current situation.

"I think it is fair to say, I think it is public knowledge today, that we are operating with a time period for a so-called breakout of about two months," Kerry said.
Bomb

War on humanity: How the U.S. coup machine has been destroying democracy since 1953

Soon after the 2004 U.S. coup to depose President Jean-Bertrand Aristide of Haiti, I heard Aristide's lawyer Ira Kurzban speaking in Miami. He began his talk with a riddle: "Why has there never been a coup in Washington D.C.?" The answer: "Because there is no U.S. Embassy in Washington D.C." This introduction was greeted with wild applause by a mostly Haitian-American audience who understood it only too well.

Ukraine's former security chief, Aleksandr Yakimenko, has reported that the coup-plotters who overthrew the elected government in Ukraine, " basically lived in the (U.S.) Embassy. They were there every day." We also know from a leaked Russian intercept that they were in close contact with Ambassador Pyatt and the senior U.S. official in charge of the coup, former Dick Cheney aide Victoria Nuland, officially the U.S. Assistant Secretary of State for European and Eurasian Affairs. And we can assume that many of their days in the Embassy were spent in strategy and training sessions with their individual CIA case officers.

To place the coup in Ukraine in historical context, this is at least the 80th time the United States has organized a coup or a failed coup in a foreign country since 1953. That was when President Eisenhower discovered in Iran that the CIA could overthrow elected governments who refused to sacrifice the future of their people to Western commercial and geopolitical interests. Most U.S. coups have led to severe repression, disappearances, extrajudicial executions, torture, corruption, extreme poverty and inequality, and prolonged setbacks for the democratic aspirations of people in the countries affected. The plutocratic and ultra-conservative nature of the forces the U.S. has brought to power in Ukraine make it unlikely to be an exception.
Stormtrooper

Breaking: Kiev 'interim government' launches anti-terrorist operations against Russian-speakers in Eastern Ukraine - 4 dead, 2 wounded so far

Ukrainian troops have seized an airfield in the eastern city of Kramatorsk, said anti-government protesters. Four people were killed and two injured, activists added. At the same time Slavyansk is being raided by the Ukrainian military.

Kramatorsk

Ukrainian troops approached the military airfield in armored personnel carriers between the eastern cities of Kramatorsk and Slavyansk, the people's militia located at the airfield told RIA Novosti on the phone.

"They started negotiating with the people's militia, which is in control of the airfield. The shooting started unexpectedly. There are injured among the people's militia, and there may be deaths," they said.

Other members of the militia have blocked the entrance to Kramatorsk and are ready to defend the city, the activists added.

USA

Massachusetts first responders were planning exact same drill scenario for Boston in June 2013... but real bombings happened first


What are the odds that the very scenario police and other first responders were planning for the Urban Shield drill in Boston last June... was consciously pre-empted by the Tsarnaev brothers? Yes, they're astronomical, which can only mean...
The scenario had been carefully planned: A terrorist group prepared to hurt vast numbers of people around Boston would leave backpacks filled with explosives at Faneuil Hall, the Seaport District, and in other towns, spreading waves of panic and fear. Detectives would have to catch the culprits.

Months of painstaking planning had gone into the exercise, dubbed "Operation Urban Shield," meant to train dozens of detectives in the Greater Boston area to work together to thwart a terrorist threat. The hypothetical terrorist group was even given a name: Free America Citizens, a home-grown cadre of militiamen whose logo would be a metal skull wearing an Uncle Sam hat and a furious expression, according to a copy of the plans obtained by the Boston Globe.

But two months before the training exercise was to take place, the city was hit with a real terrorist attack executed in a frighteningly similar fashion. The chaos of the Boston Marathon bombings disrupted plans for the exercise, initially scheduled for this weekend, forcing police to postpone. Now officials must retool aspects of the training.

Comment: ...and yet, assuming for a minute that the two suspects are guilty as charged, someone on the inside clearly leaked the Tsarnaev brothers precise details about the upcoming June 2013 drill scenario.

Read SOTT Editors' Joe Quinn and Niall Bradley's book Manufactured Terror: The Boston Marathon Bombings, Sandy Hook, Aurora Shooting and Other False Flag Terror Attacks to understand why the first terror attack on American soil since 2001 was very probably committed by some element of the U.S. government.

Bad Guys

Secret fight over Russia in the Obama Administration

The Obama administration has scheduled a deputies committee meeting this week - tentatively set for Tuesday - to resolve a bitter inter-agency dispute over a request from Russia with respect to the Open Skies program. Informed sources believe the White House is likely to side with the State Department, which wants to accommodate Russia, over the objections of the Obama administration's Defense Department and intelligence agencies.

The Open Skies treaty allows the United States and Russia to fly over each other's territory with planes loaded with certain agreed-upon sensor packages, in order to ensure compliance with arms control agreements and to provide assurance against preparations for various military surprises. Russia has asked the U.S. to agree to an upgrade in the sensor package their planes can carry. (Obviously, the exact nature of these sensor packages and the proposed upgrades is highly classified.) The request would apparently result in a significant increase in Russian spying capabilities; the first response from Pentagon was, according to one government official close to the situation, "You've got to be kidding." But the State Department has been making the case for acceding to the Russians' demands, and the White House seems to be on State's side. The White House has also stonewalled requests for information from the congressional intelligence committees.

House Intelligence Committee chair Mike Rogers is apparently so concerned that he sent the president an unusual public letter Friday. Here's the press release:
Airplane

Russian jet passes near U.S. ship in Black Sea 'provocative' sez Pentagon

© RIA Novosti / Mihail Mokrushin
Su-24 aircraft
A Russian fighter aircraft made repeated low-altitude, close-range passes near a U.S. ship in the Black Sea over the weekend, the Pentagon said on Monday, condemning the action at a time of heightened U.S.-Russian tensions over Ukraine.

"This provocative and unprofessional Russian action is inconsistent with their national protocols and previous agreements on the professional interaction between our militaries," said Colonel Steve Warren, a Pentagon spokesman.

Warren said a Russian Su-24 aircraft, or Fencer, made 12 passes at low altitude near the USS Donald Cook, a destroyer that has been in the Black Sea since April 10. It appeared to be unarmed, he told reporters.

The incident lasted 90 minutes and took place on Saturday evening while the U.S. ship was conducting a patrol in international waters in the western Black Sea, Warren said. The ship is now in a Romanian port.
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