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Wed, 26 Jan 2022
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"Gigantic Bank Run" Coming, says Noble Prize Winner

A "gigantic bank run" is imminent, so says Nobel Prize winner .

In his Nov. 1 post, the economist every one enjoys making fun of believes the endgame for the euro lies in the breadbasket of the European sovereign debt market, Italy, leading to one of two lynchpin countries, France, to collapse next. Then, it's bedlam.
Image
© unknown
Economist and New York Times
columnist Paul Krugman has his
eyes on the prize.

"The question I'm trying to answer right now is how the final act will be played," Krugman writes. "At this point I'd guess soaring rates on Italian debt leading to a gigantic bank run, both because of solvency fears about Italian banks given a default and because of fear that Italy will end up leaving the euro. This then leads to emergency bank closing, and once that happens, a decision to drop the euro and install the new lira. Next stop, France."

Krugman states the obvious, of course, but he offers no recommendation for Europeans to protect themselves from the all-but-certain currency devaluations as a result of a broken euro - not that he is expected to do so. But it's times like these, one would think that this quack of economics had a suggestion for Europeans to protect themselves from a currency collapse. Or maybe the collapse of euro is how Treasury will be able to fund its upcoming $628 billion offering in the coming five months without going to war in another part of the world, as he had once suggested. But in a previous post of Sept. 6, Krugman attempted to formulate a response to the "Glenn Beck" gold crowd - a response that Ben Bernanke could have used in response to Rep. Ron Paul's queries regarding gold.

Bad Guys

Alien Genetic Takeover: The End of Humanity


Comment: AJ's right; who needs aliens when we've got psychopathic globalists, predators who have taken over and infected everything from the microscopic to the societal level.

What is the surest and safest way we can fight back against 'The Thing' and its psychopathic control grid with a stranglehold on our lives and indeed the very future of the entire biosphere? Warning others of the danger and sharing knowledge with them is a good place to start. We can't stop the wars and the general madness the Powers That Be target us with day after day, but we can begin to assert control over our own lives and acquire the energy needed to inspire and help others to lead by example.

Our answer may surprise you (it certainly surprised us when we realised we had stepped on a sore toe): the resistance begins with diet! What 'The Thing' appears to have spent all this time doing is to wear humanity down physically, mentally, emotionally and indeed spiritually, by totally corrupting the food chain to the point that no one knows what they're eating, where it came from and what it's doing to them and their ability to live free. By applying counter-measures which can readily be implemented in our daily lives to kickstart our detox systems and bring our immune systems back online and make them as robust as they can be, we can withstand the predatorial advances of 'The Thing'.


That's right, eating meat and saturated fats, cutting out ALL gluten, most dairy (especially milk, although our research and experimentation has found some leeway for individual tolerances to butter and eggs), most plant foods and sugars - essentially, a diet that is very low in carbohydrates and high in animal fats - are some of the things we could do to hit 'The Thing' right where it hurts. It doesn't want healthy, optimally-fuelled people who are propaganda-resistant, can think and choose for themselves and have energy to spare for helping others in need.

For a more in depth look at the Paleo diet and additional research on the connections between nutrition and mental and physical health, you can read the following articles:

Have you heard about the Paleo diet?
Paleo Diet: Smart Eating or Latest Fad?
Should You Eat a Paleo-Diet for Health Like These Californians?
The Paleo Diet Cures PCOS
Primal mind: A talk on nutrition and mental health by Nora Gedgaudas

Mental health issues and cognitive challenges are nearly ubiquitous today. According to the work of respected nutritional pioneers such as Weston Price these same mental and brain health issues were nearly unheard of in many primitive and traditional societies consuming a diet consistent with that of our more distant evolutionary ancestors.

Modern research findings offer added understanding and a new layer to ancestral dietary principles that can lead us toward the promise of optimal brain functioning, emotional liberation and the cultivation of a potentially ageless mind. By applying many of these "Paleo" principles today and modifying them to our more modern circumstances we can re-cultivate and improve upon the healthy Primal Mind that is our birthright and the key to our future as a species.



Vader

Benjamin Netanyahu seeks cabinet support for Israeli strike on Iran

Benjamin Netanyahu seeks cabinet support for Israeli strike on Iran
© AP Photo/Tara Todras-Whitehill
Israeli Prime Minister Benjamin Netanyahu talks during a session of the Knesset, Israel's Parliament, in Jerusalem

The report, citing a senior Israeli official, said Mr Netanyahu was working with Ehud Barak, the defence minister, to win support from sceptical members of the cabinet who oppose attacking Iranian nuclear facilities.

Israel test-fired a ballistic missile from a military base in central Israel on Wednesday, Israel Radio said.

The report said the launch was carried out from the Palmachim facility. It quoted a Defence Ministry statement as saying the launch was aimed at testing the missile's propulsion system. Israel has Jericho missiles widely believed to be capable of carrying nuclear warheads.

The reports of Mr Netanyahu pushing for a military strike on Iran came after days of renewed public discussion among Israeli commentators about the possibility that the Jewish state would take unilateral military action against Iran.

Haaretz said that Mr Netanyahu and Mr Barak had already scored a significant win by convincing Foreign Minister Avigdor Lieberman to throw his support behind a strike.

Mr. Potato

Panicked pathocrats? Sarkozy scrambles to salvage Cannes summit


French President Nicolas Sarkozy will hold emergency talks Wednesday with European leaders in a last-ditch bid to salvage his Group of 20 meeting of world leaders this week after the shock decision by Greece's prime minister to put his country's financial rescue to a popular vote.

Sarkozy's summit in the sun on the Cote d'Azur now will see the French president end his year as leader of the world's main industrial and developing nations in the reduced position of trying to convince counterparts from the U.S., China, Brazil and elsewhere that Europe hasn't lost the plot when it comes to resolving its two-year old sovereign debt crisis.

Sarkozy will meet with German Chancellor Angela Merkel and top European Union officials as well as the head of the International Monetary Fund Wednesday evening before dinner with Chinese president Hu Jintao. Afterwards, the Europeans will hold another meeting, this time bringing in Greek Prime Minister George Papandreou. Greece is not part of the G-20.

Bad Guys

UK: Company Admits To Causing Earthquakes

Earthquake
© redOrbit

A British company said on Wednesday that it caused earthquakes in April and May by using hydraulic fracturing to release natural gas from shale rock.

Cuadrilla Resources said in a report that the 1.9 and 2.8 Richter scale tremors were due to an unusual combination of geology and operations and were unlikely to happen again.

"Cuadrilla's water injection operations take place very far below the earth's surface which significantly reduces the likelihood of a seismic event of less than 3 on the Richter scale having any impact at all on the surface," the company said.

Cuadrilla is the only company currently extracting shale gas using hydraulic fracturing. This method is a controversial technique by which a mix of water, sand and chemicals are pumped inside underground rock formations to free the gas.

Fracturing operations were suspended after the May 27 earthquake found just outside of Blackpool, which is the same area being used for the drilling.

The use of fracturing has increased in recent years, and residents and environmental activists have raised concerns about the impact the method has on water quality.

2 + 2 = 4

US: Let Them Eat Cake: 10 Examples Of How The Elite Are Savagely Mocking The Poor

Image
© Unknown
There is absolutely nothing wrong with working hard and making a lot of money, but there is something wrong with being completely arrogant and smug about it. Today, many among the elite are savagely mocking the poor, and that is a huge mistake. You shouldn't kick people when they are down. There are tens of millions of Americans that are deeply frustrated about losing their homes, losing their jobs or barely being able to survive in this economy. These frustrations have been one of the primary reasons for the rise of the Tea Party movement and the rise of the Occupy Wall Street movement.

What these movements have in common is that people in both movements are sick and tired of the status quo and they want something to be done about our broken system. There are huge numbers of families out there right now that have just about reached the end of their ropes. Instead of showing compassion, many of the ultra-wealthy have decided that it is funny to mock the poor and those that are suffering.

So how are all of these protesters going to respond to the "let them eat cake" attitude of the Wall Street elite? The protesters are being told that nothing that they can do will change anything and that they should be grateful for what Wall Street and the ultra-wealthy have done for them. They are essentially being told that they should just shut up and go home. So will we see these protest movements become discouraged and die down, or will the patronizing attitudes of so many among the elite just inflame them even further?

Newspaper

Greek Vote Threatens Sarkozy's Re-Election Plans

mocking Sarkozy
© Reuters
Gathering storm: protesters in Nice mock France’s President Nicolas Sarkozy on Tuesday
The decision by Greece to hold a referendum on the eurozone rescue deal was a bombshell for President Nicolas Sarkozy that not only upended final preparations for the Group of 20 meeting in Cannes but also threatened to damage his re-election strategy.

Mr Sarkozy had worked long and hard to secure the rescue deal, finally agreed in Brussels in the dead of night less than a week ago, to smooth the way to the summit of the world's leading economic powers in Cannes starting on Thursday.

The plan was for the G20 to reinforce the eurozone plan and allow Mr Sarkozy, the summit host, to present a united response to the sovereign debt crisis and a positive message of support for the faltering global economy.

That in turn was meant to be a platform from which the French president could launch his campaign for next April's presidential election.

Bad Guys

Facebook May Even Be Tracking Users Who've Canceled Their Accounts!

Facebook
© Minyanville
"Listen, and understand. Facebook is out there. It can't be bargained with. It can't be reasoned with. It doesn't feel pity, or remorse, or fear. And it absolutely will not stop, ever, until you are commodified and sold."
-- Kyle Reese, in a deleted scene from The Social Network.
It's no secret that Facebook's privacy policies are wholly lax and subject to wiggle room. Names, contact information, browsing habits, and private purchases have been logged and shared -- even when users have logged out of their accounts. But a new report from the Hamburg Data Protection agency -- a privacy watchdog group within Germany -- has uncovered a new level of privacy-invading depravity that Facebook has sunk to.

The social network is allegedly tracking users even after they've canceled their accounts!

For up to two years!!!

Attention

Citizen Spy Recruitment Program Launches in U.S. Hotels

Homeland Security has been working closely with hotels on many levels as private partners in the war on terror, as part of the expanding If You See Something, Say Something program. Manuals such as the 84-page, Protective Measures Guide for the U.S. Lodging Industry (pdf) have been sent out to teach owners and staff how to properly spot potential terrorists. Typical suspicious behavior includes paying with cash and "insisting on privacy" among a plethora of other dangers.

As if wasn't bad enough that hotel guests are secretly being assessed by untrained intelligence assets of Homeland Security, now guests are to be subjected to psy-op recruitment techniques via their TV sets in major hotels such as "Marriott, Hilton, Sheraton, Holiday Inn and other hotels in the USA," according to an article published in the travel section of USA TODAY.

It is only a 15-second public service announcement, but follows similar PSA programming that aims to create fearful masses willing to call authorities over the flimsiest of suspicious activities, such as the innocuous example below.

Cell Phone

Suitcase Sized Device can Remotely Disable Phones, Intercept Communications, Record Unique IDs and Track You in Real Time

Survelliance
© Datong UK
A screenshot of Datong's official website.

Governments around the world are increasingly taking control of civilian communications - especially cellular telephone networks - usually for nefarious purposes.

We have seen just this occur in the Middle East on multiple occasions during the so-called Arab Spring and now these control systems are being implemented in full force in the West as well.

This is not just dangerous because having government creep into the private lives of citizens usually turns out poorly but because this type of technology enables horrific atrocities.

One type of system is produced by Datong in the United Kingdom which has already been purchased by the largest police force in all of Britain, the London Metropolitan Police.

The London Police paid $230,000 for so called "ICT hardware" in 2008 and 2009 which creates a fake cellular phone network in order to not only intercept the communications and unique identification numbers from phones, but also to remotely turn off telephones.

This incredibly dangerous technology that seems like something out of a spy thriller is highly portable and is about the size of a suitcase.

This means that at a protest in which a brutal government crackdown is about to occur, all that the police would need to do is turn on their suitcase device and suddenly no one is able to record the incident on their phone or call for help.