Puppet MastersS


Question

Is Oil Smuggling and Organized Crime the Cause of Greece's Economic Crisis?

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Oil smuggling is embedded into the social, political and economic fabric of Greece, with annual revenues generated from illegal fuel smuggling reaching €3 billion euros as of 2008, and some sources say that although Greece imports up to 99 percent of its fuel needs, it still manages to export more than it imports.

Greece thrives on its shipping industry and one of its main contraband markets is petroleum. Greek regulations have shipping oil priced at one-third the price of automotive and home heating oil. In response, smugglers transform low-cost "shipping oil" into higher-priced home and automotive oil, generating huge profits. The practice requires a vast criminal infrastructure including illegal depots near ports and major cities for the storage of the shipping oil, which is adulterated and resold as home and automotive oil.

An estimated 20 percent of fuel oil sold in the Greek market comes from illegal trade. Gas stations in Greece are said to offer fuel that is a more lucrative blend of legally purchased fuel and black market fuel, allowing retailers to realize higher profits and avoid excise duties.

Though Greece shows a mathematically impossible volume of petroleum exports to neighboring countries, the bills of laden do not add up, with oil tankers departing for their expressed destinations but then turning around and rerouting the ships back home for illegal sale on the domestic market.

Comment: Interesting angle on it, but we think people shouldn't lose sight of the fact that the dominant cause of the Greek/EU financial crisis remains Goldman Sachs and Wall Street malfeasance:

Bankers Have Seized Europe: Goldman Sachs Has Taken Over

What price the new democracy? Goldman Sachs conquers Europe

Jon Stewart Blames the Greek Crisis on Goldman Sachs

What Chase & Goldman Sachs did to Greece


Arrow Down

Sarkozy's Comeback Hopes Crumble, Polls Show

Nicolas Sarkozy
© unknown
France, Paris - French President Nicolas Sarkozy defended his economic record on Friday as a slew of opinion polls suggested his prospects of re-election were crumbling just over a week from round one of a vote where Socialist Francois Hollande is the clear frontrunner.

Four polls published in less than 24 hours showed Hollande extending his lead, with the conservative incumbent's modest gains of the past month starting to evaporate ahead of a two-round contest taking place on April 22 and May 6.

A CSA poll showed Hollande winning the May 6 run-off with 57 percent of the vote. Three other polls also indicated that his chances of becoming France's first left-wing president since Francois Mitterrand were improving.

Sarkozy maintained that he had helped France weather economic crisis over the past four years far better than countries such as Greece or Spain, and he renewed warnings of market turmoil if Hollande won power.

"What fires up the financial markets and speculation is when a country does not repay its debts, reneges on its commitments and embarks on a path of ill-considered spending," Sarkozy told TV news channel i>TELE.

"Mr Hollande, by promising to raise spending without any commitment to cutbacks, is setting the stage for a confidence problem (in financial markets)," he said.

Hollande, who says he can slash the public deficit but also promote jobs and education as he hikes tax on the rich, stuck to his line in three newspaper interviews published on Friday. He said austerity would be self-defeating if not accompanied by efforts to promote economic growth in France and Europe.

"This I say clearly: financial markets will not lay down the law in France," he told the business weekly La Tribune.

MIB

Obama Secret Service Agents Sent Home from Colombia Over Alleged Misconduct

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© Enrique Marcarian/ReutersColombia's President Juan Manuel Santos and his wife Maria Clemencia Rodriguez receive U.S. President Barack Obama as they arrive at the San Felipe Castle for a state dinner before the start of the Summit of the Americas in Cartagena April 13, 2012.
A dozen Secret Service agents sent to Colombia to provide security for President Barack Obama at an international summit have been relieved of duty over alleged misconduct.

A caller who said he had knowledge of the situation told The Associated Press the misconduct involved prostitutes in Cartagena, site of the Summit of the Americas. A Secret Service spokesman did not dispute that.

A U.S. official, who was not authorized to speak publicly on the matter and requested anonymity, put the number of agents sent home at 12. Secret Service was not releasing the number of personnel involved.

The incident threatened to overshadow Mr. Obama's economic and trade agenda at the summit and embarrass the U.S. The White House had no comment, but also did not dispute the allegations.

Rocket

North Korea's Rocket Failure a Setback for New Leader

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© Chung Sung-Jun/Getty ImagesSouth Korean conservative protesters burn a mockup of a North Korean missile during an anti-North Korea rally Friday in Seoul.
Pyongyang, North Korea - A satellite launch North Korea had hailed as a moment of national pride ended in failure Friday when the rocket disintegrated over the Yellow Sea, earning Pyongyang embarrassment as well as condemnation from a host of nations that deemed it a covert test of missile technology.

The United States and South Korea declared the early morning launch a failure minutes after the rocket shot out from the North's west coast. North Korea acknowledged that some four hours later in an announcement broadcast on state TV, saying the satellite that the rocket was carrying did not enter orbit.

North Korea had held up the launch as a scientific achievement and even a gift for its late founder, Kim Il Sung, two days before the 100th anniversary of his birth. It pressed ahead even as world leaders vowed to take action in the UN Security Council against what they called a flagrant violation of international resolutions prohibiting North Korea from developing its nuclear and missile programs.

UN Secretary-General Ban Ki-moon said the launch "is in direct violation" of Security Council sanctions "and threatens regional stability," spokesman Martin Nesirky said.

Vader

Washington's Psychopathic Kosovo strategy could destroy NATO

clinton kosovo nato
© EFE / ENDState Secretary Clinton at a press conference in Washington D.C. with Kosovo Prime Minister Hashim Thaci, 9 April 2012.
Not satisfied with having sponsored the artificial creation of Kosovo, the United States has now decided to ram the mafia state through NATO and the European Union. A new member with those characteristics is the last thing that Europe needs right now. However, it should work wonders for the consolidation of U.S. political and military agenda in the region, not to speak of the flourishing heroin trade from Afghanistan...both of which, as Engdahl points out in this sharp analysis, pose a threat to Russia and may backfire in the end.

In one of the more bizarre foreign policy announcements of a bizarre Obama Administration, US Secretary of State Hillary Clinton has announced that Washington will "help" Kosovo to join NATO as well as the European Union. She made the pledge after a recent Washington meeting with Kosovo Prime Minister Hashim Thaci in Washington where she praised the Thaci government's progress in "European integration and economic development"[1].

Her announcement no doubt caused serious gas pains among government and military officials in the various capitals of European NATO. Few people appreciate just how mad Clinton's plan to push Kosovo into NATO and the EU is.

X

Best of the Web: What Israel Does

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Israeli soldiers and Palestinian medics treat Nesreen Hash'hash, an 8-year-old Palestinian girl who was injured in the face by a rubber bullet in the Fawar refugee camp, near the West Bank city of Hebron, Tuesday, March 28, 2006. Nesreen was hit in the face by the rubber bullet fired by Israeli troops during a military operation in the camp, Palestinian officials said. The girl was on the roof of her home when she was hit.

Nuke

Fluoride Propaganda: Is Our Health Being Sacrificed for the Sake of Nuclear Weapons?

atomic explosion
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Misinformation By Nuclear Weapons Producers

Above-ground nuclear tests - which caused numerous cancers to the "downwinders" - were covered up by the American, French and other governments for decades. See this, this, this, this, this and this.

Moreover, the entire idea of safe nuclear energy has arguably been a cover for nuclear weapons production ... at the expense of our health and the environment.

Believe it or not, the push to fluoridate water might have been the same thing.

Government Scientists Now Question Safety

Even government scientists now say that fluoride can cause serious health problems.

As the president of Environmental Working Group - a highly-respected environmental group which has been quoted some 1,400 times by the New York Times - notes:
For decades, people who raised concerns about fluoride being added to tap water or food were dismissed as crazy. All of a sudden we have two federal regulatory actions, announced just days apart, that tell us what was really crazy all those years: a government bureaucracy that ignored strong scientific evidence and clear warning signs of the threats fluoride has posed to public health all along.

Dollar

Oligarchy in the U.S.A.

Cover of Harper's Weekly December 13, 1913
© James Montgomery FlaggCover of Harper's Weekly December 13, 1913
In 2005, Citigroup offered its high net-worth clients in the United States a concise statement of the threats they and their money faced.

The report told them they were the leaders of a "plutonomy," an economy driven by the spending of its ultra-rich citizens. "At the heart of plutonomy is income inequality," which is made possible by "capitalist-friendly governments and tax regimes."

The danger, according to Citigroup's analysts, is that "personal taxation rates could rise - dividends, capital gains, and inheritance taxes would hurt the plutonomy."

But the ultra-rich already knew that. In fact, even as America's income distribution has skewed to favor the upper classes, the very richest have successfully managed to reduce their overall tax burden. Look no further than Republican presidential contender Mitt Romney, who in 2010 paid 13.9 percent of his $21.6 million income in taxes that year, the same tax rate as an individual who earned a mere $8,500 to $34,500.

How is that possible? How can a country make so much progress toward equality on other fronts - race, gender, sexual orientation and disability - but run the opposite way in its policy on taxing the rich?

Mr. Potato

Sarkozy Admits Lying About Visiting Fukushima

Sarkozy
© APMr Sarkozy admitted he had not visited Fukushima, adding there had been an exclusion zone around it
France's President Nicolas Sarkozy has conceded he did not visit Fukushima on a visit to Japan after last year's tsunami, despite saying he had.

Election rival Francois Hollande had queried Mr Sarkozy's claim that he had been to the stricken nuclear plant.

Mr Sarkozy admitted on Friday that he had not. "I'm not an engineer, I don't need to stick my nose in the situation at Fukushima," he said on I-tele.

Nuke

Enriched Uranium secrets and Fukushima Radiation

Professor Chris Busby talks about the enriched uranium weapons used in Iraq, and the radiation dangers in Fukushima.