Sep 212014
 

www.Suspicious0bservers.org
www.ObservatoryProject.com

Blog: http://www.suspicious0bserverscollect…
Major Warnings/Alerts: https://twitter.com/TheRealS0s
STARWATER Article: http://wavechronicle.com/wave/?p=1151
S0 Notes on Solar Shutdown: http://www.suspicious0bservers.org/fo…
IPCC History: http://www.suspicious0bservers.org/se…

Donate memberships for others: http://tiny.cc/f195ww

Today’s Featured Links:
Hawaii Volcano: http://www.bigislandvideonews.com/201…
Stromboli Volcano: https://www.youtube.com/watch?v=cdRlz…
King Fire: http://www.kcra.com/news/king-fire-up… and http://www.accuweather.com/en/weather…

Original music by NEMES1S
http://www.suspicious0bservers.org/shop/ [Get NEMES1S Music!]

REPEAT LINKS:

WORLD WEATHER:
Earth WindMap: http://earth.nullschool.net/#current/…
Global Maps: http://www.atmos.albany.edu/student/k…
NDBC Buoys: http://www.ndbc.noaa.gov/
HurricaneZone Satellite Images: http://www.hurricanezone.net/westpaci…
NOAA Environmental Visualization Laboratory: http://www.nnvl.noaa.gov/Default.php
Satellite Maps: http://www.woweather.com/cgi-app/sate…
Forecast Maps: http://www.woweather.com/weather/maps…
TORCON: http://www.weather.com/news/tornado-t… [Tornado Forecast for the day]
HURRICANE TRACKER: http://www.weather.com/weather/hurric…
GOES Satellites: http://rsd.gsfc.nasa.gov/goes/
THE US WINDMAP: http://hint.fm/wind/
Severe Weather Threats: http://www.weather.com/news/weather-s…
Canada Weather Office Satellite Composites: http://www.weatheroffice.gc.ca/satell…
Temperature Delta: http://www.intellicast.com/National/T…
Records/Extremes: http://www.ncdc.noaa.gov/extremes/rec…

SPACEWEATHER:
Spaceweather: http://spaceweather.com
SOHO Solar Wind: http://umtof.umd.edu/pm/
Planetary Orbital Diagram – Ceres1 JPL: http://ssd.jpl.nasa.gov/sbdb.cgi?sstr…
SDO: http://sdo.gsfc.nasa.gov/data/
Helioviewer: http://www.helioviewer.org/
SOHO: http://sohodata.nascom.nasa.gov/cgi-b…
Stereo: http://stereo.gsfc.nasa.gov/cgi-bin/i…
SOLARIMG: http://solarimg.org/artis/
iSWA: http://iswa.gsfc.nasa.gov/iswa/iSWA.html
NASA ENLIL SPIRAL: http://iswa.gsfc.nasa.gov:8080/IswaSy…
NOAA ENLIL SPIRAL: http://www.swpc.noaa.gov/wsa-enlil/
GOES Xray: http://www.swpc.noaa.gov/sxi/goes15/i…
Gamma Ray Bursts: http://grb.sonoma.edu/
BARTOL Cosmic Rays: http://neutronm.bartol.udel.edu//spac…
ISWA: http://iswa.ccmc.gsfc.nasa.gov:8080/I…
NOAA Sunspot Classifications: http://www.swpc.noaa.gov/ftpdir/lates…
GONG: http://gong2.nso.edu/dailyimages/
GONG Magnetic Maps: http://gong.nso.edu/data/magmap/ondem…

MISC Links:
JAPAN Radiation Map: http://jciv.iidj.net/map/
RADIATION Network: http://radiationnetwork.com/
LISS: http://earthquake.usgs.gov/monitoring…
QUAKES LIST FULL: http://www.emsc-csem.org/Earthquake/s…
RSOE: http://hisz.rsoe.hu/alertmap/index2.php [That cool alert map I use]
Moon: http://www.fourmilab.ch/earthview/pac…

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Sep 212014
 

Zero Hedge

“We have put in place the toughest ethics and transparency laws of any administration in history,” President Obama proclaimed four short years ago… However, as AP Washington Bureau Chief Sally Buzbee said recently, the fight for access to public information has never been harder, and in fact, the problem extends across the entire federal government and is now trickling down to state and local governments. Here is Buzbee’s list of eight ways Obama’s “most transparent” administration is making it hard for journalists to find information and cover the news…

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Sep 212014
 

Zero Hedge

“You can’t eat GDP, and you can’t live in a rising stock market” is the striking phrase from NY Times’ Neil Irwin as he offers the most damning chart of the decline of America’s Economic Model (and dream). As we have explained vociferously, the most important thing to understand about today’s economy is: Around 1999, growth in the United States economy stopped translating to growth in middle-class incomes. The choice, by Greenspan and carried on by his followers, was to enable the financialization of the US economy for the benefit of the few, at the cost of the many. As Irwin concludes, and we explained previously, Americans feel disappointed by the economy; the new data show that they have good reason.

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Sep 212014
 

Zero Hedge

it was Russia’s finance minister Anton Siluanov who was the designated “bad guy”, and as the WSJ reported, Russia is considering diversifying its debt portfolio away from countries that have imposed sanctions on Moscow and into the papers of its BRICS partners. Speaking on the sidelines of an annual investment forum in the Black Sea town of Sochi, Mr. Siluanov said the Finance Ministry wants to diversify its investment basket, and is looking for higher yields without too much risks. He said the ministry will consider buying papers issued by Brazil, India, China and South Africa, which along with Russia are known collectively as the Brics countries. “[We would like to] walk away from investing in papers of the countries that impose sanctions against us,” Mr. Siluanov said, adding that the reshuffle would be carried out gradually. He didn’t elaborate on when the first purchases of Brics debt may take place.

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Sep 212014
 

Zero Hedge

A day after US ambassador to The UN Samantha Powers stated, “we will not do the airstrikes alone if the president decides to do the airstrikes,” and Russia warned, “bombing Syria without the cooperation of Damascus can have destructive practical consequences on the humanitarian situation in Syria,” it appears President Obama’s grand strategy to combat IS via a ‘broad coalition’ of allies is flailing. While the WSJ reports, The Pentagon is preparing war plans in Syria that would include an intensive initial wave of strikes against Islamic State targets, Germany’s Foreign Minister Frank-Walter Steinmeier explained today that providing air support or sending ground troops to fight Islamic State is “out of the question for us.” For now, it appears, the only nation involved in the ‘broad coalition’ is France. Why? Because as we said yesterday, this is merely over fears of more BNPs. “A key component of this would be allied participation,” said a U.S. official; does ‘1’ ally count?

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Sep 212014
 
Private contractors from LEAR Asset Management

There are very few news stories about government overreach that shock me these days, but this week there were two — both in California. Each came and went with barely a whisper in the media, even from the “liberty” news.

Perhaps we’re so bombarded with mafia tactics by the government that some events just get lost in the chaos. And no, one of these developments is NOT the Los Angeles School District acquiring tanks and grenade launchers, although that’s probably of equal significance. Below is the first of these local stories. The second will be in a follow up article.

This is probably the scariest development in law enforcement, ever, and I don’t say that lightly. If you thought no-knock SWAT raids to serve warrants for non-violent crimes was the epitome of tyranny, wait until you get a load of private mercenaries conducting special forces-type raids on American citizens.

That’s right, a report out of Mendocino, California admits that Blackwater-like private “security” contractors are now being used to “police pot”. Mysterious soldiers repelled out of unmarked helicopters fully armed for war to raid legal medical cannabis gardens last month. They didn’t identify themselves or present paperwork of any kind. They just destroyed the garden and left. Other witnesses claim this invading army is also “confiscating” product.

Here’s the local CBS news report:

The war machine seems to be testing to gauge how much terror they can inflict on peaceful Americans before they say WTF (See Ferguson) and, perhaps more importantly, to see if the public will allow this vast new market for war profiteers.

It should be a massive media story “private war profiteering at home to terrorize citizens fight crime”. Helicopters, weapons of war, and tactical gear are expensive. Who’s seeding these start-ups anyway?

The manipulation continued a day after this story was reported, when Alex Altman of TIME wrote “Californians Turn to Private Security to Police Pot Country” as if all the citizens of California have agreed to this type of policing. Subtle manipulation.

TIME writes:

Over the summer, residents claimed men in military gear had been dropping onto private property from unmarked helicopters and cutting down the medicinal pot gardens of local residents. Local law enforcement have conducted helicopter raids in the area, but some worried the culprit this time was different: a private-security firm called Lear Asset Management.

The confusion was easy to understand. In the wildlands of California’s pot country, the workings of law enforcement are hard to track, and the rules for growing pot are often contradictory. To add to the mess, the various local, county, state and federal enforcement efforts don’t always communicate with each other about their efforts. The added possibility of private mercenaries, with faceless employers, fast-roping from helicopters raised alarm bells for many farmers.

TIME legitimizes Lear Asset Management and the practice of private policing with a matter-of-fact job description:

They are hired by large land owners to do the work of clearing trespass gardens from private property, and perform forest reclamation, sometimes funded by government grant. Deep in the woods, they cut down illegal pot plants and scrub the environmental footprint produced by the backwoods drug trade. They carry AR-15 rifles, lest they meet armed watchmen bent on defending their plots.

I really don’t have a problem with securing private property from vandals, but did you catch that slip “sometimes funded by government grant”?  That’s when “private security” becomes “law enforcement”. This is the RED ALERT buried in this story. At best our tax dollars are being used to fund private armies for large land owners. At worst, when will we see these warriors policing BLM land (aka National Parks)? Wait for it…

Altman quotes official statistics about how successful Lear and law enforcement are in raiding marijuana farmers, measured in the “street value” of the forbidden crop seized at gunpoint, as if that is still acceptable behavior by society’s peace keepers in the era of legal weed. But Altman just uses it as a segue into a broader “problem” of policing environmental vandalism on large stretches of open land, including “public” land.

More recently, the trespass grow sites have migrated from public land onto the vast plots owned by private citizens and timber companies. Some of them have hired Lear to deal with the problem. The company has run about nine missions across California’s pot country this year, with more planned this fall, Trouette says. And while the company’s special-ops aspect gets much of the attention, most of the work focuses on environmental reclamation.

The public is supposed to believe Lear is merely an environmental clean-up team doing community service who just so happens to have military special ops capability. How quaint. I didn’t know litter maintenance required AR-15s. But who would opposed protecting the environment? Smart marketing.

TIME goes for the hard close to sell this tyranny by providing legal cover for these raids without warrants, before ending the article as a sponsored post for “regulation” of Lear’s “flourishing” domestic mercenary business as the “best thing for locals.”

Reports of vigilante marijuana raids on private property may simply stem from a lack of legal clarityUnder the so-called “open fields doctrine” set forth by the U.S. Supreme Court, the Fourth Amendment does not protect undeveloped property from warrantless searches. As a result, police may be permitted to cut down private gardens without a warrant. (my emphasis because your need to read and reread every word)

In the meantime, Lear has flourished, despite the concern among some local growers. But like most people in the Emerald Triangle, Trouette thinks the best thing for the locals would be for the feds to sort out all the confusion. “I think the federal government would do everybody a big favor,” he says, “by regulating this industry.” (my emphasis)

So let me get this straight: a criminal gang of armed thugs commits violence and theft, and the best way to solve that problem is to legalize and regulate those thugs? Sounds like ISIS.

The creepiest thing about this development is that it’s a clever more professional repackaging of a previous attempt to introduce private police in America. Some of you liberty lovers may recall it being rolled out once before in an eerily similar manner.In 2009, FOX News wrote U.S. Mystery ‘Police’ Force Has Small Montana City on Edge after a local news report aired showing an extremely well-funded private security contractor going by the name American Police Force (APF) rolling into the town of Hardin in black Mercedes tagged as “Harding Police Department”.

Hiring a private firm for domestic policing caused massive outrage not just locally in Montana but also around the United States. APF is now referred to as a well-funded fraud perpetuated by a petty con man and the event was swiftly dumped into the dustbin of history.The Wikipedia entry on APF states:

American Police Force (APF), and under its revised name American Private Police Force, was a fraudulent entity claiming to be a private military company. It never possessed any legitimacy to operate in the United States. The company’s previous logo was an exact copy of the Serbian state coat of arms which caused some controversy and resulted in the Serbian government threatening legal action against APF if it did not remove or change the logo.

In September 2009, US government contract databases showed no record of the company, while security industry representatives and federal officials said they had never heard of it.

APF was registered as a corporation in California by convicted con man Michael Hilton on 2 March 2009.

Interestingly, there are absolutely no follow-up reports of “Michael Hilton” or anyone else being prosecuted or convicted in APF case. They simply vanished. Think about that for a moment. A heavily-armed foreign force invades a small town in America on false pretenses committing dangerous fraud and the U.S. government does absolutely nothing about it. What does that tell you?

Well, we know the U.S. military uses private contractors in foreign wars, and we know the Pentagon is arming and militarizing domestic police, and we know the U.S. Army is training to enter law enforcement. It seems to me that it’s all part of the plan to keep the war machine churning and to control the population.

Now with a more polished version of private security minus the flashy Mercedes and foreign accents, and sold to us as environmental guardians, this story has gone largely unnoticed. Yet, if these raid allegations are true, Lear’s actions already far exceed anything APF did in Montana.

Stay tuned for my next article on the second unreported tyrannical event that happened in California this past week to be released later today or early tomorrow.

Article source: http://www.blacklistednews.com/Blackwater-like_contractor_seeks_to_legalize_private_police_in_the_U.S./38081/0/38/38/Y/M.html

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Sep 212014
 

Source: NEO

As the US and Europe prepare another round of sanctions against Russia over the ongoing Ukrainian conflict, the third round of such sanctions since the conflict began shortly after the Euromaidan unrest resulted in the installation of a NATO-backed regime in Kiev, a curious and inexplicable oversight appears to have been made.

While wild accusations have been leveled against Russia over its involvement over the violence in Ukraine, claims ranging from covert support up to and including unsubstantiated claims of a “full scale invasion,” prominent media organizations across the Western World have for years reported a flow of cash, weapons, equipment and fighters from America’s allies in the Persian Gulf as well as from nations like NATO member Turkey, and into the conflict raging within Syria’s borders.

While baseless claims leveled against Russia have served as ample justification for the West to continue leveling sanctions against Moscow, no sanctions have as of yet been leveled against the overt sponsors of militancy and, in fact, terrorism in Syria. So widespread has state-sponsored terrorism become in the Middle East that what began as a limited proxy war against Syria has transformed into an immense regional army with tens of thousands of paid soldiers requiring millions of dollars a day to operate across multiple borders and confounding the forces of Iraq, Syria, and Lebanon combined.

ISIS is State-Sponsored, So Why Aren’t These States Being Sanctioned?

Clearly, the Islamic State in Iraq and Syria also known as ISIS or ISIL, are the benefactors of vast state-sponsorship and yet the West has not identified nor condemned these sponsors, let alone move toward leveling sanctions similar to what it is seeking to impose upon Moscow.

News articles by prominent British and American news outlets like the Daily Beast’s “America’s Allies Are Funding ISIS,” the London Telegraph’s “How Isil is funded, trained and operating in Iraq and Syria,” and the Daily Mail’s “Cameron tells European leaders to ‘be good to their word’ and stop funding ISIS with ransom payments,” give explanations ranging from outright admissions that Saudi Arabia, Qatar, Jordan, and Turkey are directly arming, funding, aiding and abetting ISIS, to descriptions that read like an immense money laundering operation, to ridiculous claims including “ransom payments” and “robbed banks” have been behind ISIS’ regional rise to menace.

At one point in the Daily Beast’s article it claims, “the U.S. has made the case as strongly as they can to regional countries, including Kuwait. But ultimately when you take a hands off, leading from behind approach to things, people don’t take you seriously and they take matters into their own hands.” If ever there was a case to use sanctions to be “taken seriously,” it would appear to be in this case, yet sure enough, no sanctions appear to be on the table.

Systematic Hypocrisy Undermines Legitimacy

American and European hypocrisy so stark undermines the legitimacy of both their governments and institutions as well as their agenda domestically and abroad. Condemning and leveling sanctions against Russia for allegedly doing in Ukraine what the West is openly doing in Syria and Iraq with its own immense proxy army leaves the global audience to decide between Russia managing a crisis on its borders and a West meddling thousands of miles from its borders.

Beyond sanctions, the West’s presence across the Middle East has had a negative impact on public perception both across the region and back home. This is owed to a larger pattern of hypocrisy, deceit, and meddling that has been done under various pretenses but for obvious self-serving interests.

What West’s Missing Sanctions Tell Us About Its “War” on ISIS

Versus Russia, the United States and Europe have used every means at their disposal to support their regime of choice in Ukraine as well as undermine both eastern Ukrainians and Russia who has emerged as their champion upon the international stage. From multiple rounds of sanctions, to threats of direct military force, and an overall strategy of geopolitical and military encirclement of Russian territory has been pursued to exact from Moscow concessions regarding Western designs in Ukraine.

Why hasn’t a similar full-spectrum commitment been used to render from Persian Gulf monarchies the same desired capitulation to Western desires in the Middle East and more specifically, in regards to ISIS? The answer is simple, the West does not desire an end to the massive state-sponsorship of ISIS via its own allies, namely Saudi Arabia, Qatar, Turkey, Jordan, and others.

It appears instead that the West and its partners are pursuing a dual-track strategy of inflaming the region with barbarism and violence so appalling, global public opinion will desperately beg for military intervention by the United States and its allies it has been so far utterly unsuccessful selling to the public under any other pretense.

The lack of biting sanctions against state-sponsors of terrorism aiding and abetting ISIS in both Iraq and Syria is an indictment of the West’s lack of sincerity in its “war” on ISIS. Short of a signed confession, no other indicator could be more telling of yet another war being sold within a pack of lies than a West eager to sanction every nation on Earth to the point of isolating itself to exact global obedience, but absent of sanctions amid overt support for terrorists it believes are so dangerous it must militarily intervene in Iraq and Syria.

Ulson Gunnar, a New York-based geopolitical analyst and writer especially for the online magazine “New Eastern Outlook”.

Article source: http://www.blacklistednews.com/Sanction-Drunk_West_Forgets_to_Target_ISIS_Sponsors/38082/0/38/38/Y/M.html

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Sep 212014
 

Source: The Atlantic

On a plane earlier this week, I watched The Wolf of Wall Street. The film’s outsized antics—public masturbation, the tossing of little people, lots and lots of Quaaludes—seemed too big for a seatback screen, or, for that matter, reality. As despicable as some of Jordan Belfort’s behavior was, I was able to occasionally laugh at Leonardo DiCaprio’s version of him knowing that, by now, more than 10 years after his real-life sentencing, Belfort has been sufficiently punished.

But in fact, that’s hardly the case: After pleading guilty to fraud and money laundering, Belfort was ordered in 2003 to pay out about $110 million to those he wronged. Since then, he’s only paid $11.8 million. He was also sentenced to four years in federal prison, but he only ended up serving just shy of two years.

Meanwhile, he’s thriving as a motivational speaker, and has made some money from selling the film rights to his life story. In a testimonial for his speaking services, Leonardo DiCaprio called Belfort “a shining example of the transformative qualities of ambition and hard work.”

Belfort’s relatively consequence-free story is only one of the more prominent ones in a parade of aggravating numbers reported on earlier this week by The Wall Street Journal. There’s still $97 billion out there in penalties that the Justice Department has failed to recover, and between September 2012 and September 2013, the department collected only 22 percent of penalties doled out. One particularly demoralizing figure was that the Commodity Futures Trading Commission had collected about a tenth of a percent of the $3.7 billion owed to wronged investors.


Percentages of Penalties Collected by the Government

The Wall Street Journal


So how do convicted felons go about avoiding their payments? Take the case of Paul Bilzerian, who owed the Securities and Exchange Commission $62 million and paid only $3.7 million over the course of 25 years. (The Journal reported a few days ago that the SEC was officially giving up on getting any more money from him, after having spent $8.6 million to get the meager amount that they did obtain.)

Read More…

Article source: http://www.blacklistednews.com/Financial_Criminals_Have_Been_Fined_Billions%2C_but_They_Rarely_Pay/38083/0/38/38/Y/M.html

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Sep 212014
 

Source: Wolf Street

By Don Quijones, freelance writer, translator in Barcelona, Spain. Raging Bull-Shit is his modest attempt to challenge the wishful thinking and scrub away the lathers of soft soap peddled by political and business leaders and their loyal mainstream media. This article is a Wolf Street exclusive.

There’s been a common misconception doing the rounds in Europe – namely that whatever is good for Brussels and Frankfurt must by extension be bad for the City of London, that small incorporated area of London known as the Square Mile that is uniquely powerful and at once unaccountable. The basic premise behind this flawed assumption is that with the creation of a single supervisory mechanism for all of Europe’s disparate banking sectors, including the UK – set to occur at the end of October – the City’s see-no-banker-evil, hear-no-banker-evil regulatory environment will lose much of its appeal.

However, as I reported previously (here and here), the stone-cold reality is that the EU’s new banking regulation is primarily aimed at increasing the concentration and consolidation of Europe’s financial sector, to the obvious and exclusive benefit of Europe’s biggest banks, including British banking behemoths such as HSBC and Barclays. In its ongoing negotiations for the Transatlantic Trade and Investment Partnership (TTIP), the European Commission is doing everything it can to water down banking regulations on both sides of the Atlantic, in the process even outdoing its U.S. counterparts.

All of which will naturally benefit the City of London. After all, when it comes to the art of passing voluminous folios of toothless financial regulation riddled with gaping loopholes, no one – not even Washington – can hold a candle to the City’s servile watchdog, Westminster Palace.

The New “Guard”

To make sure that the EU’s upcoming package of banking regulations is to the City’s liking, the European Commission’s new president Jean Claude Juncker – the man who ran the banker’s paradise that is Luxembourg for 20 uninterrupted years before falling foul to a very dodgy but quickly hushed-up spying scandal – has appointed a Brit as Europe’s new Finance Commissioner. And not just any Brit: the new man in charge, Jonathan Hill, is the co-founder of financial sector lobbying group Quiller Consultants, whose clients conveniently include the City of London and HSBC.

Naturally, the City is delighted with the appointment. “This is a strong statement from the European Commission that a successful financial services sector remains a priority for Europe and the Single Market,” said Chairman of Policy at the City of London Corporation Mark Boleat. “Lord Hill’s expertise in this area and knowledge of the City of London will be crucial to ensuring the longevity and stability of Europe’s banking sector, as well as the extension of the Single Market in goods and services.”

Ostensibly meant as an olive branch to the UK’s Tory government, Hill’s appointment is a clear indication of the direction in which the Commission and the European Central Bank (headed, lest we forget, by a Goldman Sachs alumnus) want to take Europe’s bloated and effectively stone-broke banking sector. In a write-up for the Daily Telegraph, the gushing EU-phile Hugo Dixon proclaimed that the name of the game is to massively expand Europe’s capital markets.

The European Union suffers from underdeveloped capital markets. Everything, from shares and company bonds to venture capital and securitisation (where bank loans are packaged up and sold on the market), is a fraction of the size of its American equivalent. The goal of capital markets union is to build up these sources of finance so that they can play a bigger role in funding jobs and growth.

This “securitisation” was the main cause of the 2007-08 subprime crisis in the U.S. Now this “much-maligned” financial instrument, as The Economist called it, is making a massive comeback – and in particular in Europe:

Europe stands to benefit most from securitisation’s return. Lenders across Europe are under pressure to improve the ratio of capital they hold to loans made. One way of doing this is to stop extending credit, which is, unfortunately, what many banks have done. If they instead slimmed themselves through securitisation, by bundling and repackaging loans and selling them to outside investors such as insurance firms or asset managers, they could lend more money to credit-starved companies. That would have the added benefit of spreading risk away from wobbly banks.

That’s right: spreading risk away from the banks into the unsuspecting wider economy. What could possibly go wrong?

The Definition of Madness

It is almost as if our elected – or in the case of the European Commission, unelected – representatives have undergone a collective lobotomy. They have, it seems (at least at first glance), learned nothing from eight years of global financial crisis.

Simply put, their current thinking is the definition of madness. By its logic, the problem of ever greater risk-taking can be solved by ever-increasing securitisation (which effectively magnifies the risk-taking). Likewise, the threat posed by the increasing interconnectedness of the financial system can only be addressed by – yeah, you guessed it – even more interconnectedness. Meanwhile, the lack of competition in the financial sector will be magically fixed by increasing the consolidation and concentration of the sector, in the process creating fewer but much bigger too-big-to-fail banks.

And now the Commission’s greatest minds have decided to hand over the keys to Europe’s financial markets to the financial engineers of the City of London – a place which served as the nexus of almost every single global financial scandal of the last eight years, among them: Libor, JP Morgan Chase’s London Whale, HSBC’s money laundering for drug cartels and arms dealers, the Gold Fix…. Expect further debt crises, bank collapses, bailouts, and bail-ins.

And when they occur, our (read: the banks’) representatives will once again play dumb. “How could we have known?” they will plead with pitch-perfect mock-innocence.

It will probably work, as it has worked in the past: the threat of pure, unadulterated financial chaos is always enough to rally the people around the need for new heretofore unthinkable measures to shore up the system, rather than fix it. And so the mad merry-go-round goes round…. By Don Quijones. An exclusive for Wolf Street.

Negotiations behind closed doors are under way to water down financial regulation on both sides of the Atlantic via the Transatlantic Trade and Investment Treaty. Leading the charge: not the US government, but an unholy alliance between the European Commission, Wall Street, and the City of London. Read….  A Dark Alliance: European Union Joins Forces With Wall Street

Article source: http://www.blacklistednews.com/EU_Caves_to_Powerful%2C_Scandal-Infested_Finance_Paradise%2C_the_City_Of_London/38084/0/38/38/Y/M.html

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