Puppet MastersS

Wall Street

Step Aside BBC "Trader": Head Of UniCredit Securities Predicts Imminent End Of The Eurozone And A Global Financial Apocalypse


Either the YesMen have infiltrated Italy's biggest, and most undercapitalied, bank, or the stress of constant, repeated lying and prevarication has finally gotten to the very people who know their livelihoods hang by a thread, and the second the great ponzi is unwound their jobs, careers, and entire way of life will be gone.

Such as the head of UniCredit global securities Attila Szalay-Berzeviczy, and former Chairman of the Hungarian stock exchange, who has written an unbelievable oped in the Hungarian portal Index.hu which, frankly, make Alessio "BBC Trader" Rastani's provocative speech seem like a bedtime story. Only this time one can't scapegoat Szalay-Berzeviczy "naivete" on inexperience or the desire to gain public prominence. If someone knows the truth, it is the guy at the top of UniCredit, which we expect to promptly trade limit down once we hit print.

Among the stunning allegations (stunning in that an actual banker dares to tell the truth) are the following: "the euro is "practically dead" and Europe faces a financial earthquake from a Greek default"... "The euro is beyond rescue"... "The only remaining question is how many days the hopeless rearguard action of European governments and the European Central Bank can keep up Greece's spirits."...."A Greek default will trigger an immediate "magnitude 10" earthquake across Europe."..."Holders of Greek government bonds will have to write off their entire investment, the southern European nation will stop paying salaries and pensions and automated teller machines in the country will empty "within minutes." In other words: welcome to the Apocalypse...

Bad Guys

Representatives Call On FTC To Look Into Use Of 'Supercookies'

© Nattika / ShutterstockRepresentatives are asking the FTC to look into the installation of “supercookies” from certain websites onto a user’s computer.
Representatives Joe Barton and Ed Markey have asked the Federal Trade Commission (FTC) to look into MSN.com and Hulu.com's installation of cookies onto users' computers that are unable to be deleted.

The two lawmakers asked FTC Chairman Jon Leibowitz what the agency plans to do about the companies' use of "supercookies"

The supercookies are placed on a user's computer when they visit websites that want to collect personal data. The lawmakers said these super cookies are able to recreate a user's profile after less powerful cookies are deleted.

"We believe this new business practice raises serious privacy concerns and is unacceptable," they wrote in the letter.

Bad Guys

Army Developing Drones That Can Recognize Your Face From a Distance

© Danger Room Building a 'Soft Biometric' Profile Progeny Systems Corporation.

It's not enough for the U.S. military to be able to monitor you from afar. The U.S. Army wants its drones to know you through and through, reports Danger Room, and it is imbuing them with the ability to recognize you in a crowd and even to know what you are thinking and feeling. Like a best friend that at any moment might vaporize you with a hellfire missile.

Of a handful of contracts just handed out by the Army, two are notable for their unique ISR capabilities. One would arm drones with facial recognition software that can remember faces so targets can't disappear into crowds. The other sounds far more unsettling: a human behavior engine capable of stacking informant info against intelligence data against other evidence to predict a person's intent. That's right: the act of determining whether you are friend or foe could be turned over to the machines.

That's a bit disquieting whether you are an insurgent warfighter or not. But back to the overarching topic at hand: The U.S. military is pulling in more ISR data than it knows what to do with these days, a lot of it useless noise that's inconsequential to ongoing operations. And, as DR notes, the strategy in Afghanistan has changed from one of winning hearts and minds through nation building projects to targeting specific bad guys.

Arrow Down

China Paper Warns of Euro Crisis "Black Death"

The "Black Death" of the debt crisis across the euro zone will hurt China's exports, although Beijing's relatively small holdings of euro assets will limit damage to foreign exchange reserves, the nation's top official newspaper said on Monday.

The bleak diagnosis for the euro appeared in the overseas edition of the People's Daily, the main newspaper of China's ruling Communist Party, in a commentary by a former central bank official and an economist for the state-owned China Development Bank.

"The euro debt crisis has now been going for nearly two years since the end of 2009, and the sovereign debt crisis has spread like the Black Death of the fourteenth century across the euro zone countries," said the commentary, referring to the rodent-borne pandemic that devastated Europe.

Although the commentary in the People's Daily does not reflect a definitive view from China's most senior leaders, it and other comments in the official press suggest the euro zone's successive crises have caused anxiety and debate in Beijing about the impact on China.


US: The Secret Government Bank That's Financing More Solyndras

© Unknown
Sitting at the center of the Solyndra scandal is an off-balance-sheet bank at the Treasury Department that dates back to 1973.

This little-known government bank, the Federal Financing Bank [FFB], had a zero balance in 2008 for green energy projects, but now, with little Congressional oversight, it is giving out billions of dollars in loans to White House pet projects often at dirt-cheap interest rates below 1%.

In July alone, the government bank, which had $61 billion in assets, lent nearly three quarters of a billion dollars in taxpayer funds with no Congressional checks and balances.

Plus the bank is funding the insolvent U.S. Post Office; the White House's expensive green car projects at Ford Motor, Nissan and Tesla Motors; a $485 million loan to an expensive solar project that's lost $160 million over the last three years that's backed by Google, BP and Chevron; plus the FFB is funding the teetering HOPE housing bailout program, which gives delinquent mortgage borrowers breaks on their loans.

And according to KPMG's audit report of the bank, the FFB is losing billions of dollars in taxpayer money because it is forgoing collecting interest costs on already inexpensive loans that are financing projects at agencies like the Agriculture Dept.


Best of the Web: Georges Fenech of MIVILUDES, Nemesis of the Scientific Method

Lack of scientific rigor at MIVILUDES exposed by sociologist Olivier Bobinneau, former scientific expert on MIVILUDES

Comment: The following video is excerpted from a debate on French TV where Olivier Bobinneau, a sociologist, takes apart the arguments of George Fénech, President of MIVILUDES, and the unscientific approach of his organisation in its absurdly broad legal mendate to persecute "cultic abuses".

Comment: Indeed, the paranoid premises on which this whole 'anti-secte' policy has subsumed the French state are designed on the one hand to suppress the growth of independent healthy thinker and on the other to camouflage the real conspiracy, one based on objective science and observable through the scientific method, of pathological deviants like Fénech instituting a fascist takeover of once-free France.

Political Ponerology: The Scientific Study of Evil Adjusted for Political Purposes

Bad Guys

France Threatens Military Action Against Iran

A French Rafale jet flanked by three Mirage 2000-N
© AFP / Anne-Christine PoujoulatA French Rafale jet flanked by three Mirage 2000-N
The French envoy to the UN has warned Iran that it risks a military strike if it continues pursuing its nuclear program.

"If we don't succeed today to reach a negotiation with the Iranians, there is a strong risk of military action," Ambassador Gerard Araud said on Tuesday during a panel discussion at the UN's New York headquarters, AFP reported.

The strike, he said, "would be a very complicated operation. It would have disastrous consequences in the region... all the Arab countries are extremely worried about what is happening."

Last Sunday, Russian Foreign Minister Sergey Lavrov called on Iran to "freeze the production of centrifuges," saying that such a step would prevent fresh sanctions against it.


U.S. Perception Management: Administration fights requests to release bin Laden images

© Unknown
Washington - Public disclosure of graphic photos and video taken of Osama bin Laden after he was killed in May by U.S. commandos would damage national security and lead to attacks on American property and personnel, the Obama administration contends in a court documents.

In a response late Monday to a Freedom of Information Act lawsuit filed by Judicial Watch, a conservative watchdog group seeking the imagery, Justice Department attorneys said the CIA has located 52 photographs and video recordings. But they argued the images of the deceased bin Laden are classified and are being withheld from the public to avoid inciting violence against Americans overseas and compromising secret systems and techniques used by the CIA and the military.

The Justice Department has asked the court to dismiss Judicial Watch's lawsuit because the records the group wants are "wholly exempt from disclosure," according to the filing.

Tom Fitton, president of Judicial Watch, accused the Obama administration of making a "political decision" to keep the bin Laden imagery secret. "We shouldn't throw out our transparency laws because complying with them might offend terrorists," Fitton said in a statement. "The historical record of Osama bin Laden's death should be released to the American people as the law requires."

Comment: Funny how the sons of Saddam were plastered everywhere days after they were killed.

Bin Laden Is Dead...Long Live Bin Laden!
9/11 Bin Laden At Rawalpindi Hospital September 10th CBS
US Government Psy-Ops - The 'Killing' of Osama Bin Laden


What Facebook and Google are hiding from world

Ever wonder why you get different search results from entering the same keywords as your friends? Google et al's takeover of the internet has turned it into a mirror which feeds back the junk in our minds because search results are tailored by algorithmic gatekeepers to create individualised "filter bubbles". Watch Eli Pariser explain how it works:


Flashback Can Fiction Become a Reality? The Coup d'état of 2012

© Voltaire Net
A fictitious scenario written in 1992 at the request of Colin Powell currently circulates among US military officers. The writing describes a coup d'état in 2012. The armed forces have replaced the civil power and are running social welfare and medical care, education, transportation, have established a unified command to guarantee the "homeland defense". Twelve years after its publication, neo-conservatives have made true most of this script: four central commands are under the single command of General Eberhart, who has developed programs for the surveillance and filing on the population. Just one last catastrophe is needed before the so much feared coup takes place.

In 1991, the victory of the US army during Operation Desert Storm (invasion of Iraq or the first Gulf War) not only was an easy victory over Saddam Hussein but also marks the beginning of a new era. The Pentagon can no longer find a match adversary. What is left of the Red Army has seemingly accepted American leadership for the establishment of a new world order. The new situation offers unlimited prospects and certain officers see the chance for interfering in political issues.

It is in this context that Parameters, the US War College Cadre magazine, decides, with the clear approval of the Chairman of the Joint Chiefs of Staff, Colin Powell, to open a debate on the role of the army in society. The magazine, till then dealing only with studies, publishes in the winter of 1992 a fiction written by a US Air Force officer, Charles J. Dunlap Jr., describing the U.S. regime in 2012, headed by General "Brutus" after a military coup.