Welcome to Sott.net
Wed, 24 Aug 2016
The World for People who Think

Society's Child


Pension fund sues 22 major banks, alleges violations of anti-trust laws, manipulating US treasury auctions

© Wikipedia
Twenty-two banks were sued in federal court in the first nationwide class-action lawsuit alleging a conspiracy to manipulate Treasury auctions at the expense of investors and borrowers.

A complaint was filed by the State-Boston Retirement System, the pension fund for Boston public employees. It was directed against Bank of America's Merrill Lynch unit, Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, JPMorgan Chase, UBS, and 14 other defendants.

As primary dealers, these banks are authorized to transact directly with the U.S. Treasury and they serve as market makers in the second market.

According to the complaint filed in U.S. District Court in New York, bank officials used chat rooms, instant messages and other means of communication to swap customers' confidential information and develop trading strategies in the roughly $12.5 Trillion Treasury market.

The State-Boston Retirement System argues that these tactics violated anti-trust laws by allowing banks to inflate prices on Treasurys they sold to investors in the pre-auction "when issued" market, and deflate prices when they bought Treasurys to cover their pre-auction sales.

Comment: Good luck to State-Boston. Given the corrupt state of the US judicial system, they'd better not hold their breath.


Russian police officer risks his life to protect convoy of children's buses

© https://19.mvd.ru
A Russian police officer risked his own life to prevent a road accident that put 300 children in danger. He ran his patrol car into a vehicle, speeding head on into a convoy of children's buses.

The cop miraculously survived the crash.

On Saturday, the officer, now hailed as a hero, Aleksandr Kosolapov, was escorting a convoy of nine buses transporting about 300 children from a summer camp to the city of Abakan, the capital of the Khakassia Republic in southern Russia.

Suddenly, a car driving at high speed in the opposite lane, started coming head on in the convoy's direction.

Comment: It's good to know there are good cops out there willing to risk their life to "protect and serve".


Is the medical-pharmaceutical-regulatory cartel assassinating holistic physicians because of a new vaccine-linked discovery?

© Unknown
James Jeffrey Bradstreet, whose body was found floating in a North Carolina river on June 19, had successfully treated over 1,700 autistic children with GcMAF. On June 16 the FDA obtained a search and seizure order targeting his Buford Georgia medical clinic.
Over the past several weeks no less than seven established doctors have either been killed or died under unusual circumstances (e.g. here and here). What do these physicians have in common and what remedies are they researching or advocating? Do any of their proposed treatments pose a threat to the multi-billion dollar pharmaceutical cartel? If so, would government agencies and/or private contractors be commissioned to harass and perhaps even assassinate such individuals?

The answer may lie in an understanding of nagalese, a protein made by cancer cells and viruses. Nagalese is a primary cause of immunodeficiency given its ability to block the body's production of GcMAF, otherwise known as "Vitamin D binding microphage activating factor," a naturally-produced immune regulating compound that aids in fighting what are traditionally considered terminal diseases. Some researchers suggest that nagalese is one of many toxic components found in the immunizations commonly administered to children, including the Measles-Mumps-Rubella vaccine.

Comment: Considering the vehemence and aggressiveness with which the medical-pharmaceutical-regulatory cartel are enacting a world-wide push for vaccination; considering, also, the similar pattern of deaths of microbiologists and other scientists in recent years; and considering the plethora of facts around the lengths that the vaccine and medical industry will go to in order to cover up their agenda, we would be remiss if we were not acknowledging the foul stench of malevolence surrounding the recent deaths of Dr. James Jeffrey Bradstreet and his fellow physicians.

What profoundly evil doings these are.


Thirty five women tell their stories of being assaulted by serial rapist Bill Cosby; tell of the culture that wouldn't listen

© New York Magazine
More has changed in the past few years for women who allege rape than in all the decades since the women's movement began. Consider the evidence of October 2014, when an audience member at a Hannibal Buress show in Philadelphia uploaded a clip of the comedian talking about Bill Cosby: "He gets on TV, 'Pull your pants up, black people ... I can talk down to you because I had a successful sitcom.' Yeah, but you rape women, Bill Cosby, so turn the crazy down a couple notches ... I guess I want to just at least make it weird for you to watch Cosby Show reruns. Dude's image, for the most part, it's fucking public Teflon image. I've done this bit onstage and people think I'm making it up ... That shit is upsetting." The bit went viral swiftly, with irreversible, calamitous consequences for Cosby's reputation.

Perhaps the most shocking thing wasn't that Buress had called Cosby a rapist; it was that the world had actually heard him. A decade earlier, 14 women had accused Cosby of rape. In 2005, a former basketball star named Andrea Constand, who met Cosby when she was working in the athletic department at Temple University, where he served on the board of trustees, alleged to authorities that he had drugged her to a state of semi-consciousness and then groped and digitally penetrated her. After her allegations were made public, a California lawyer named Tamara Green appeared on the Today show and said that, 30 years earlier, Cosby had drugged and assaulted her as well. Eventually, 12 Jane Does signed up to tell their own stories of being assaulted by Cosby in support of Constand's case. Several of them eventually made their names public. But they were met, mostly, with skepticism, threats, and attacks on their character.

Comment: See also:

Modern Music: Promoting pedophilia to adults and sexual debauchery to children

SOTT Talk Radio: Predators Among Us - Interview With Dr. Anna Salter

After Hours Offline, New York Magazine's Website Comes Back

Red Flag

Cleveland police pepper spray Black Lives Matter activists after conference

© Felicia Mandoza/You Tube
Cleveland police have used pepper spray against activists attending the national convention of the Movement for Black Lives. Scuffles and arrests were reported after the weekend conference wrapped-up and people poured onto the streets.

Hundreds of activists from across the nation gathered at Cleveland State University this weekend for the first national conference to discuss escalating tensions between US police and black communities.

Following the closing session on Sunday, as most of the attendees left, dozens of people remained in the streets. Police, apparently concerned by the crowd potentially blocking traffic, moved in to disperse the gathering.

Pepper spray was used on at least one occasion, with videos being posted online showing a police officer spraying it virtually at a camera operator.

Mr. Potato

Ridiculous: City orders man to keep the smell of BBQ from leaving his property

Who knew that the all-American tradition of backyard barbecue could result in a visit from the State, in the Land of the "Free," giving you a warning for firing up the pit? Well, it happened in Pinellas County, Florida to Scotty Jordan earlier this week.

In a video uploaded to Facebook on July 22, Joe Graham from Air Compliance is writing a complaint form for "objectionable odor" from Jordan's property where he was barbecuing. A neighbor living across the street called to complain, as she has apparently done many times before.

This time she found a willing co-conspirator.

"I can smell it again right now, but I'm on your property," Graham tells the group. "You're allowed to have it smell on your property, so that doesn't count, but when I'm on the street, that's when it counts."

"So we're supposed to control the smoke and the wind and where it's blowing it?" he asks.

The Environmental Specialist says, "What you're doing looks like it may be counter to the rule as far as the objectionable odor," as he looks at his clipboard for reassurance.

"You have smoke leaving...that's prohibited. I saw smoke leaving your property." So he's going to "write it up and send it to our department."

The ridiculous nature of this visit results from the fact that in Pinellas County, "Commercial barbecue cookers are not exempt from causing a nuisance odor," according to their website. It is part of a larger set of rules regarding air quality, normally reserved for things like asbestos and trash burning.

However, Mr. Jordan should have nothing to fear. The Frequently Asked Questions goes further to state, "If a sufficient number of complaints, representing different households, are reported and an Inspector witnesses the problem, they can issue a Warning Letter."

According to this, he could not get a Warning Letter unless more than one neighbor complained. And this is unlikely to happen, since, according to Jordan, "Everybody else cooks out around here."

The cameraman says, "We've been living here for 40 years, and this is the first time this happened."

He is referring to the visit from Air Compliance. Since the neighbor moved in three years ago and began complaining, she has called the police and fire departments. "They tell me to go ahead on" and keep barbecuing, according to Jordan.

Graham has an answer for this too. "The police and the fire department are looking at different parts of the rule."

And so continues the endless splitting of hairs, red herrings, and absence of common sense that characterizes nanny state bureaucracies.


Malmo, Sweden hit by grenade blasts; 4th attack in under a week, 30th this year

© Johan Nilsson/TT
Forensic teams investigating the scene of the latest Malmö explosion on Friday.
Four grenade attacks this week have rocked Malmo, the third largest city in Sweden, prompting police to sound an alarm over the increasing violence. Multiple explosions, shootings and arson struck the city, which has a large migrant population.

On Sunday, the southern Swedish city of Malmo saw the fourth grenade attack in under a week as the a hand grenade was detonated in a car park in the district of Värnhem in the morning, local media reported.

The attack came after a blast on Friday in the Solbacken neighborhood, which occurred less than 12 hours after another explosion in the residential area of Limhamn in the west, and two days after a car bomb attack that injured a man outside a community center in the south.

"It is the thirtieth explosive attack since the New Year. We have a situation that is serious," said the Malmö police chief, Stefan Sintéus, about the explosion on Friday, as quoted by the Local.se on Saturday.

The local police have called for expert help from the national police operational department. "We have asked for shared expertise on various issues," said Lars Förstell, a spokesperson for the city's police, as quoted by the media.

This week's unrest continues a series of numerous shootings, explosions and arsons that have occurred since the beginning of the year in Malmo, infamous for high crime rates, multi-ethnic and gang-related violence.

Comment: See also:


Several hundred rally in Warsaw, Poland in rival demonstrations over immigration

© Still from Ruptly video/Ruptly
Several hundred people took to the streets of the Polish capital in rival demonstrations with far-right protesters rallying against accepting migrants into the country and pro-migrant activists welcoming the refugees.

Some 300 far right and anti-immigrant activists marched through Warsaw on Saturday expressing their outrage at the government's decision to accept migrants from the Middle East and North Africa, according to AFP.

Meanwhile about 100 people gathered at Warsaw's central railway station with bread and salt - a symbol of hospitality in many Slavic countries - to welcome migrants who seek asylum in Poland.

Poland decided to accept 2,000 migrants from North Africa and Syria by 2017 as a part of an EU plan to alleviate the migration crisis in southern Europe.

Comment: NATO is the root cause of Europe's migrant crisis

Green Light

Paris police fire on car attempting to crash through Tour de France barricade

© Stefano Rellandini/Reuters
Paris police opened fire on car that tried to crash through a Tour de France barricade, according to police officials.

The car managed to evade police fire with the people inside apparently being unscathed, Luc Poignant, a spokesman for the SGP police union told AP.

Security forces are on high alert, looking for the driver.

The incident happened at Place de la Concorde at about 8am, the local RTL broadcaster reported.

There were two people in the vehicle, local police officer Luc Poignant told Le Parisien. The two were apparently unarmed, AP reported.

Police are now investigating CCTV footage to identify the driver and the passenger.

The vehicle was reported to be a Renault Twingo.

"This is a minor incident. It wasn't aimed at the Tour de France, it's not terrorism, it's just a simple refusal to comply, as there are many every day," a police official told Reuters.


Hundreds protest in New Jersey against police brutality, murders

© Eduardo Munoz / Reuters
Hundreds of people took to the streets of Newark, New Jersey, to protest against police brutality and racial injustice. Many carried signs bearing slogans such as: "Stop Racist Violence," and "Black Lives Matter."

A crowd of demonstrators demanded justice after a black activist, Sandra Bland, was found hanged in a Texas jail cell just three days after her detention for a minor traffic violation.

"There is a burgeoning police state in the United States," Larry Hamm, a social justice activist and People's Organization for Progress Chairman told protesters on Saturday, according to PolitickerNJ. "Stop killing us! Stop killing us! Stop killing us!

He added: "We want an end to police violation of Constitutional rights. We want an end to police murder and torture and terror. We are not going to be paralyzed with fear. We are going to fight back every day of our lives. ...This is not just a depression. It's a criminal act of economic oppression."

Comment: The police in the USA are out of control, plain and simple. How many kill because they simply enjoy it? #AllLivesMatter, it's not just black people being murdered and harassed by the state