Apr 11 05:52

Polish politician fumes over "gay" elephant in zoo

"We didn't pay 37 million zlotys (7.6 million pounds) for the largest elephant house in Europe to have a gay elephant live there," Michal Grzes, a conservative councillor in the city of Poznan in western Poland, was quoted as saying.

"We were supposed to have a herd, but as Ninio prefers male friends over females how will he produce offspring?" said Grzes, who is from the right-wing opposition Law and Justice party.

Apr 11 04:01

Why Europe Won't Fight

"No one will say this publicly, but the true fact is we are all talking about our exit strategy from Afghanistan. We are getting out. It may take a couple of years, but we are all looking to get out."

Thus did a "senior European diplomat" confide to The New York Times during Obama's trip to Strasbourg.

Europe is bailing out on us. Afghanistan is to be America's war.

During what the Times called a "fractious meeting," NATO agreed to send 3,000 troops to provide security during the elections and 2,000 to train Afghan police. Thin gruel beside Obama's commitment to double U.S. troop levels to 68,000.

Why won't Europe fight?

Apr 10 08:04

German MPs reject Steinmeier’s sanction against Iran

Lawmakers of all parties in German Parliament, except the co-ruling Social Democrats (SPD), slammed Foreign Minister Frank-Walter Steinmeier for planning to step up sanctions over Iran’s nuclear program, the daily Der Tagesspiegel said Wednesday.

Legislators of the co-governing Christian Democratic Union (CDU) as well as the opposition Free Democratic Party (FDP) and Greens warned that Steinmeier’s new sanction threats would undermine any diplomatic progress in resolving the impasse over Tehran’s nuclear program.

Webmaster's Commentary: 

Tehran's "Nuclear Program" is a power station, an activity allowed under the Nuclear Non-Proliferation Treaty.

Nobody has found any evidence that Iran is covertly building nuclear weapons underneath their reactor the way Israel is known to be doing underneath Dimona.

Foreign Minister Frank-Walter Steinmeier is pro-Zionist, a hard core supporter of Israel, and is indeed openly of the opinion that Germany's role on the Holocaust means that present day Germans (who had not even been born when WW2 happened) must do what Israel says.

But here is the problem. Israel was saying that Iraq was also secretly building nuclear weapons underneath the power station at Osirik, as Israel does underneath Dimona. Israel bombed Osirik. Following the 2003 invasion international inspectors looked at the riuns and confirmed that there had never been any secret weapons laboratory at Osirik, as Israel has underneath Dimona.

So, why should present day Germans, most of whom were not alive during WW2 and therefore do not bear any responsibility for what happened under the Nazis, obey the will of a foreign power who is so often totally wrong as it flings death and destruction onto its neighbors?

Apr 08 02:43

The Two Faces of Barack Obama One for the masses, one for the power elite

The news from Europe, if you listen to our infatuated media, is that the Euros love President Obama: according to the American reportage, his recent trip there was a cavalcade of photo-ops, cheering crowds, and hugs from the queen of England. Even the French were in awe of him! However, if you look beneath the surface, not that far beneath the gloss and the glam there runs a current of irritation, and, dare I say it, resentment.

Apr 07 08:53

Swiss slide into deflation signals the next chapter of this global crisis

Watch Switzerland closely. It is tipping into deflation, the first Western country to succumb to Japan's disease.

Apr 07 08:47

Nato 60th summit in Strasbourg marred by street battles and arson

Buildings were set on fire and running battles were fought between protesters and riot police in the streets of Strasbourg, where Barack Obama and world leaders have gathered for a Nato summit.

Webmaster's Commentary: 

The protesters are smart enough to know that NATO exists to make war with Russia, and if the US invades Iran, war with Russia is inevitable.

They know that unless they choose to fight against the war mongers now, they will soon have no choice but to fight for them from now on.

They have chosen to fight now.

Apr 06 14:04

Austrian Bank Scion Is Accused of Fraud

Prosecutors accused Mr. Meinl of artificially bolstering shares of the real estate company Meinl European Land on the Vienna stock exchange, even as its investments in real estate across Eastern and Central Europe cratered.

Mr. Meinl was able to raise bail of 100 million euros ($135 million), and was released Friday morning. Although formal charges have not yet been brought, prosecutors feared Mr. Meinl might flee because he holds dual Austrian and British citizenship and because he owns a Falcon jet that he flies himself.

Apr 06 12:24

EU Sharpens Tone Against New Israeli Government

Germany and the European Union are unhappy with the approach so far by Benjamin Netanyahu's government to the Middle East peace process. EU diplomats are increasing pressure on Israel to voice its support for a two-state solution that would see the creation of a Palestinian state.

Webmaster's Commentary: 

EU diplomats are on drugs!

Apr 06 11:52

Mass protest in Rome over financial crisis

Several hundred thousand workers, pensioners, immigrants and students filled a Rome park on Saturday in protest at the Italian government's handling of the financial crisis.

Webmaster's Commentary: 

How convenient that the Colosseum is nearby! Now if we could just scare up a few lions...

Apr 06 11:26

Israeli settlement produce may be enjoying EU privileges

European Union officials are seeking evidence to support claims that fruit and vegetables from Israeli settlements in the Palestinian territories are being exported under false pretense.

In a note circulated to its fellow EU governments in late 2008, Britain expressed concern that goods from Israeli settlements in the West Bank may be entering the Union without paying the legally required duties.

Apr 05 09:39

Blair steps up fight to be crowned first 'President of EU'

Tony Blair has emerged as the leading candidate to become the first permanent president of the European Union after Gordon Brown gave his grudging blessing to the plan. The former prime minister has stepped up his campaign for the job, which he wants to use to build a bridge between Europe and the new Obama administration.

Webmaster's Commentary: 

Seriously, Phony Tony, what did Europe ever do to you?

And to my European readers, please remember the Dodgy Dossier!

Apr 03 08:59

Sarkozy, Merkel Frozen in the Cold War

This is a sad time for France and the rest of Europe. French President Nicolas Sarkozy has decided – without asking the French Parliament and against the majority of the French people – that France must be reintegrated as a military power into NATO’s command. This is not only a coup d’etat, it is also the most reactionary choice you could imagine. In trying to pull it off, Sarkozy is swimming against deep and forceful historical currents in Europe. In doing so, he may be bringing some comfort to the transatlantic elites, but it will be short-lived, because the peoples of Europe will resist the arbitrary will of their governments.

Webmaster's Commentary: 

The people of Europe recognize that this ramp up of NATO is the preparation for WW3, which will be used to redraw the maps, while thinning out the "useless eaters."

Apr 02 08:50

Sean O'Grady: Next stop in the crisis could be the collapse of the euro

Yet, in its own small way, Ireland and the other economic sick men of Europe could presage the most violent international currency crisis in decades; the break-up of the euro. Alarmist? Certainly. Impossible? Certainly not.

Apr 01 04:09

Obama calls for G20 global action - organisers have dubbed the event "Financial Fools Day".

BBC - Police helicopters were seen circling above the Bank of England, according to a BBC reporter.

Police had warned of "unprecedented" levels of protest and are mounting a huge security operation.

"Just not being George Bush is a huge advantage. George Bush was one of the most unpopular presidents of modern times," he said.

Mar 29 04:53

Norwegian = Dumber Than a Swede - Norway's global pension gamble

BBC News - Jorn Madslien It all came to a head earlier this month when it was revealed that Mr Slyngstad's fund suffered a loss of more than $90bn (£61bn) last year.

Rather than retrenching, Mr Slyngstad is preparing to pump billions more dollars into global stock markets.

Mar 26 19:58

Fears of unrest in eastern Europe grow as Czech government collapses

Mar 26 19:43

Swiss banks ban top executive travel

Switzerland’s private banks have started to ban their top executives from travelling abroad, even to neighbouring France and Germany, because of fears they will be detained as part of a global crackdown on bank secrecy.

Mar 25 07:50

Czech Republic joins East Europe's falling dominoes

The economic crisis sweeping Central and Eastern Europe has claimed a third victim in a month after the Czech government lost a vote of no confidence on Tuesday night in a drama that risks setting off a fresh round of investor flight from the region.

Mar 24 02:52

Sweden Says No to Saving Saab

The New York Times Sarah Lyall TROLLHATTAN, Sweden — Saab Automobile may be just another crisis-ridden car company in an industry full of them. But just as the fortunes of Flint, Mich., are permanently entangled with General Motors, so it is impossible to find anyone in this city in southwest Sweden who is not somehow connected to Saab.

Struggling for its own survival, G.M. has said it will completely pull out of Saab by the end of 2009, a course that Ms. Olofsson, the enterprise minister, described as tantamount to declaring “that they wash their hands of Saab and drop it into the laps of the Swedish taxpayers.”

Mar 23 12:19

Daimler saved by Middle Eastern wealth fund

A sovereign fund controlled by the oil-rich sheikhs of Abu Dhabi has become the biggest shareholder in Mercedes owner Daimler, guaranteeing its independence and future with a €1.95bn (£1.8bn) capital injection.

Mar 16 14:56

Greek extremists threaten more bombings after Citibank attacks

A Greek extremist group known for its violent attacks has threatened to carry out more bombings in the wake of two recent strikes targeting US banking group Citibank.

In an eight-page proclamation published in Greek weekly Pontiki, far-left group Revolutionary Struggle said its aim remained to foment "revolution" and use the global economic crisis against capitalism.

"We intend to continue timed (bomb) attacks," the proclamation said.

Mar 13 08:20

Minister admits German massacre warning was a fake

A second German school not far from the scene of this week’s massacre was evacuated this morning after threats discovered on the internet.

The alert came as a senior minister in the southern state of Baden-Württemberg admitted that an online warning that he claimed had come from the teenage gunman in Winnenden was a forgery - as the administrators of the website had insisted.

Mar 12 16:47

French anti-P2P law toughest in the world

France's long talked-out law to kick repeat copyright infringers off the Internet has finally come up for debate in Parliament. If passed, it would be illegal not to secure one's Internet connection, and even public WiFi hotspots will have to offer only a "white list" of approved sites.

Mar 11 08:05

Overvalued euro set to plunge 'within months'

Investors take out short trades when they expect a currency to fall. In recent days, futures traders in the US have significantly increased their bets that the euro will fall against the dollar. Data released by the Washington-based Commodity Futures Trading Commission on Friday showed that the "net short position" of trades against the euro by hedge funds and speculators almost doubled in the week to March 3 to 19,431 contracts from 10,081 contracts a week earlier.

Mar 11 07:16

Students killed in German school shooting

A gunman dressed in a black combat uniform opened fire at a high school in southern Germany this morning, killing at least 15 people and injuring others before he was shot and killed by police.

Webmaster's Commentary: 

If only one teacher had had a gun....

I also note that his name is not given.

Mar 07 07:54

Why It Could Be Curtains for the Euro

The biggest victim of the global housing and credit bubble may be the euro — the single currency of 16 European nations. Having just celebrated its 10th birthday in a free-fall, the euro is being exposed for all of its structural weaknesses.

Mar 02 15:48


For 65 years, Ms. Girón, a hard-bitten mother of seven, ached to know what had become of her son Jesús. Born in the early 1940s during the vengeful first years of Gen. Francisco Franco’s 36-year dictatorship he was taken from her to be baptized shortly after his birth. She never saw him again.

Mar 02 06:13

Angela Merkel Rejects Bailout Plan For Eastern EU Nations

Mar 02 05:52

Ukraine Teeters as Citizens Blame Banks and Government - A Common Theme!

The New York Times CLIFFORD J. LEVY March 1, 2009

KIEV, Ukraine — Steel and chemical factories, once the muscle of Ukraine’s economy, are dismissing thousands of workers. Cities have had days without heat or water because they cannot pay their bills, and Kiev’s subway service is being threatened. Lines are sprouting at banks, the currency is wilting and even a government default seems possible.

The sign held by Vasily Kirilyuk, an unemployed plumber camped out with other antigovernment demonstrators here in the past week, summed up the pervasive frustration: “Get rid of them all,” it said.

Mar 01 10:06

Ireland on the Brink of Collapse

Feb 27 08:39

Supermarket Cashier Becomes German Anti-Capitalist Hero

Emmely's ascent to nationwide stardom has been dramatic. Even before Tuesday's court date, major papers across Germany carried long features telling her story. The mass-circulation tabloid Bild even put the veteran cashier, who has been working cash registers for 31 years, on its cover. The tone was clear: At a time when fat cats of the financial world have escaped relatively unscathed despite bringing the global economy to its knees, a common grocery store clerk loses her job for a few coins. Emmely quickly came to be seen as a martyr of class conflict.

Feb 25 21:58

Yes we are raging - against a Government that spies on its citizens while ignoring the crimes of greedy bankers

That the public is being watched by Big Brother at every turn is deeply alarming. That the innocent were being tracked going about their every day lives while a blind eye was being turned to a financial sector apparently hell-bent on destruction is unforgivable.

Feb 24 10:28

Eastern European bailout proposed

Europe's developing economies from Poland to Ukraine are facing their worst economic crisis since the fall of the Berlin Wall 20 years ago. Capital is fleeing Europe's east, sending currencies sliding and threatening the region with deep declines in output and employment, and a deluge of debt defaults. Poland's industrial output in January fell at a painful 15 per cent annual rate; its currency last week hit an all-time low against the Swiss franc.

Feb 22 19:41

Latvia's government collapses

Prime Minister Ivars Godmanis, who presented his resignation to President Valdis Zatlers on Friday, had been in power only since December 2007. But the precipitous plunge of Latvia's economy, which helped provoke the worst riot since 1991 last month, played a major part in the government's downfall.

Feb 21 17:04

Latvia's government collapses

Latvia's center-right coalition government collapsed Friday, a victim of the country's growing economic and political turmoil and the second European government, after Iceland, to disintegrate because of the international financial crisis.

Feb 21 14:34

Huge protest over Irish economy

Up to 100,000 people have gathered in Dublin city centre to protest at the Irish government's handling of the country's recession.

Many are angry at plans to impose a pension levy on public sector workers.

Trade union organisers of the march said workers did not cause the economic crisis but were having to pay for it.

Feb 19 05:09

The Looming Collapse of European Banking


The West's economy really is at the edge of a leveraged disaster. The politicians know only one answer: deficit spending. The central bankers have only on significant tool: monetary inflation. The speed of events is increasing.

The markets don't reflect this yet. This gives time to a few people to get out. But the vast majority cannot get out. There are too few escape hatches open.

Feb 18 04:01

US, UK, Eurozone Banks Face Collapse: Global Banking System Insolvent

With all the hype from various US dollar bears about the crisis with US banks, few on this side of the Atlantic are paying any attention to happenings in Europe.

For those who look, a strong case can be made that European banks are as bad off if not much worse off than their US counterparts.

Feb 17 00:52

Eastern Europe is about to Blow

Eastern Europe is about to blow. If it does, it could take much of the EU with it. It's an emergency situation but there are no easy solutions. The IMF doesn't have the resources for a bailout of this size and the recession is spreading faster than relief efforts can be organized. Finance ministers and central bankers are running in circles trying to put out one fire after another. Its only a matter of time before they are overtaken by events. If one country is allowed to default, the dominoes could begin to tumble through the whole region. This could trigger dramatic changes in the political landscape. The rise of fascism is no longer out of the question.

Feb 16 08:56

European banks' toxic debts risk overwhelming EU governments

The toxic debts of European banks risk overwhelming a number of EU governments and may pose a “systemic” danger to the broader EU banking system, according a confidential memo prepared by the European Commission.

Feb 11 14:23

Azerbaijan air force head killed

"Moscow had offered Washington access to data from the Soviet-built radar station, which it leases from the Azeri government, as an alternative to US plans to station elements of a missile defence shield in Eastern Europe."

Gosh, who would benefit from the United States and Russia NOT having any Rapprochement and dialogue?

Feb 05 03:23

UK set to cut interest rates

The Bank of England was set to cut record low interest rates yet further on Thursday and a Japanese central banker said unconventional policies could be needed to stave off the global crisis.

European shares fell in early trading on a large writedown by insurer Swiss Re, while rising bad loans at Spain's biggest bank Santander and a bleak outlook at Deutsche Bank fuelled concerns about the wider economy.

Feb 04 08:48

Merkel, Sarkozy Threaten More Iran Sanctions, Sueddeutsche Says

Germany and France may seek further sanctions against Iran if it fails to halt its nuclear program, both nations’ leaders said in an article in German newspaper Sueddeutsche Zeitung.

Webmaster's Commentary: 

Fool me once ...

Feb 03 09:14

Wildcat oil strikes: Europeans are finally waking up to the demise of democracy

Angry people across the EU are discovering the fine print in all the treaties signed by their leaders, says Janet Daley.

Webmaster's Commentary: 

change 'demise of democracy' to 'enslavement'

Feb 01 19:09

DNA test proves Czech babies mixed up

published: 30.01.2009, 15:38 | updated: 30.01.2009 15:51:23
Czech hospital should pay 3 million to parents for mix-up of kids

Brno - The hospital in Trebic, south Moravia, has to pay a total compensation of 3.3 million crowns to the families of Nikola and Veronika, two baby girls whom the hospital staff mixed up and gave to incorrect parents after their birth, under a court decision today.The families demanded a compensation of 12 million crowns.

The hospital admitted its mistake and offered 600,000 crowns to the families, a sum the parents rejected as too low.

The two girls were born in December 2006. After several months one of the fathers, Libor Broza, applied for a DNA test on suspicion that "his" daughter was not his.

Feb 01 10:36

Czech president attacks Al Gore's climate campaign

"I don't think that there is any global warming," said the 67-year-old liberal, whose country holds the rotating presidency of the European Union. "I don't see the statistical data for that."

Feb 01 10:00

Fines fraud hits Italian drivers

Thousands of drivers in Italy are expected to seek compensation after it was revealed that a system to catch them jumping red lights was rigged.

Jan 30 21:16

Governments across Europe tremble as angry people take to the streets

France paralysed by a wave of strike action, the boulevards of Paris resembling a debris-strewn battle?eld. The Hungarian currency sinks to its lowest level ever against the euro, as the unemployment ?gure rises. Greek farmers block the road into Bulgaria in protest at low prices for their produce. New ?gures from the biggest bank in the Baltic show that the three post-Soviet states there face the biggest recessions in Europe.

Webmaster's Commentary: 

Okay, I can't get this @#$%ing guillotine to work properly, even with the 3 in 1 oil, so we're back to burning at the stake.

Jan 29 11:03

Spanish court to probe Israeli officials for alleged 'crimes against humanity'

Madrid Court grants motion by Palestinian group to probe several senior defense officials for their involvement in 2002 hit on Hamas operative Salah Shehade; which left 14 dead, 100 wounded. Defense minister calls announcement 'delusional', says he will do all in his power to have charges dropped.

Webmaster's Commentary: 

Oh yes, I can just hear "The Toilet" cranking up a big one for Spain!

Jan 29 10:40

Spain court in 2002 Israel 'war crime' probe

A Spanish court says it is investigating an alleged "crime against humanity" involving Israel for its 2002 bombing in Gaza that killed 15 people and wounded 150 others.

Webmaster's Commentary: 

I predict an "Al Qaeda" attack on Spain.

Jan 29 10:18

Germany joins EU in taxing CO2 emissions

Just another step in implementing the breathing tax. See Also The Great Global Warming Swindle

Jan 28 09:06

Santander offers €1.38 bn to compensate clients hit by Madoff

Webmaster's Commentary: 

The fleecing of the sheeple goes on.

Jan 28 08:25

Greece paralysed as farmers ratchet up protests

Thousands of Greek farmers demanding compensation for low commodity prices have threatened to step up a nine-day protest which has paralysed the country, cutting road links with its neighbours and leaving tonnes of fruit and meat rotting in lorries. Using tractors and trailers, the farmers have blockaded around 70 main roads, cutting Athens off from the second city of Thessaloniki in the north and closing border crossings with Bulgaria, Macedonia and Turkey.

Webmaster's Commentary: 

Across the globe, people are waking up the fact that they are being impoverished to pay fictional debts gamed up using imaginary money.

And they are starting to fight back.

Jan 28 08:00

Rioting Greeks, angry Germans and why the euro may well collapse

The Brussels elite are pretending the question does not arise, but the financial world knows the question is there, hanging over the entire European Union economy: is the single European currency going to break apart?

Jan 27 08:39

Vladimir Putin talks to Bloomberg

Financial crises, the recent gas dispute with Ukraine and his love of chocolate these are some of the issues Prime Minister Vladimir Putin touched upon in an interview with American news agency Bloomberg.

Jan 27 08:39

Swedish city cancels Holocaust event

A northern Swedish city has decided to cancel a planned Holocaust Memorial Day torchlight procession due to the recent IDF offensive in Gaza, it was reported Tuesday.

Jan 26 09:32

Iceland's PM: Government Has Collapsed

Iceland's prime minister says his ruling coalition has collapsed under pressure from the global financial crisis. Geir Haarde said he will speak to the president, Olafur Ragnar Grimsson, Monday in an effort to dissolve the government.

Jan 24 14:37

Greek police battle with rioters

Hundreds of anarchist protesters in Greece have fought running battles with police through the centre of the capital, Athens.

Jan 22 08:12

Europe’s winter of discontent

A hurried resolution to the Ukraine-Russia gas war was reached during a visit to Moscow by Ukrainian Prime Minister Yulia Timoshenko to meet with her Russian counterpart, Vladimir Putin this week. Ukraine finally agreed to pay higher European prices for Russian gas in 2010, after a 20 percent discount in 2009.

This accord came in the wake of sharp criticism of Ukraine by European leaders and Putin’s first official visit to Germany as prime minister, where he presented a more ambitious long-term solution to the unending troubles with Ukraine that have left European countries without winter fuel more than once. His proposal involves leading European energy companies forming a consortium with Russia’s Gazprom to ensure that Russian supplies reach their destination.

Jan 21 07:29

Russian gas begins to flow into wary Europe

Siberian gas started flowing into the EU yesterday, ending the bitter dispute between Russia and Ukraine that shredded both countries' reputations as fuel suppliers and left Europe desperately seeking to shift its energy policies away from dependence on Russian monopolies.

A new 10-year deal on gas pricing and transit between the Russian and Ukrainian state gas firms, Gazprom and Naftogaz, saw Russia pumping the gas through Ukraine's pipelines to Slovakia in the EU while Kiev allowed the fuel to flow without interruption.

The resumption of supplies appeared to end the worst, so far, of a series of disputes of distinctly political hue between Russia and its former Soviet underling, Ukraine.

Jan 20 12:23

Israeli teenagers are a nuisance in Poland

Roberto Lucchesini, originally from Tuscany, for several years now a resident of Krakow, hasn’t been sleeping well recently. Before he will be able to move his arms normally again, he will have to go through long rehab. All this because of how he was treated, in broad daylight in front of passers-by and several teenagers who were hermetically closed in their coach-buses. Israeli bodyguards, equipped with firearms, binded his arms behind his back over his head with handcuffs. In Krakow, in the middle of the street. A moment before, the Italian was trying to make coach drivers parking in front of his house turn their engines off. - ‘Israelis handcuffed me, threw me on the ground, my face landed in dog excrement, and then they were kicking me’. After that the perpetrators were gone.

Webmaster's Commentary: 

Coming to an American city soon?

Jan 20 10:25

Who is hiding the truth?

Ethnic Albanians have committed ghastly crimes in Kosovo and Metohija, and among those that are to be held responsible for the massive murders of Serbs are former commander of the (so-called) Kosovo Liberation Army (KLA) and Kosovo premier, Ramus Haradinaj and Agim Cheku respetively, the Italian weekly magazine Panorama has set out in an analytical article, publishing for the first time the photos of Serb victims.

Before the (1999) NATO bombing campaign Serbs were accused of being butchers, but as soon the forces of the Atlantic Pact marched into Kosovo in June 1999, they became the victims of an ethnic cleansing, the Milan weekly assessed.

Jan 18 19:56

Can Americans have an Empire and Eat Too?

Regardless of government action - we're all really on our own. Pain-free solutions to colossal problems seem against the laws of nature. Perhaps the best advice is the Boy Scout motto: "Be Prepared."

Jan 18 15:39

RIOTS The Beginning of the End for Europe

Webmaster's Commentary: 

It won't stay in Europe, especially as Californians realize they have been cut off from their tax refunds.

Global revolution? Given the globalization of communications, it has to happen some time!

Jan 17 17:09

Europeans keep up protests against Israel's Gaza war

Jan 17 08:29

Economic riots spread to Lithuania

Riots broke out again in the Baltic states yesterday, this time in the Lithuanian capital, Vilnius, where a group of 7,000 gathered to protest planned economic austerity measures.

Webmaster's Commentary: 

Telling the poor they must be poorer so the rich can have another go at the derivatives casino is a tough sell!

Jan 17 08:23

Antisemitism sweeps Europe in the wake of Gaza operation

Webmaster's Commentary: 

It isn't anti-Semitism; it's moral outrage.

When Japanese were targeted, even arrested, following the events at Pearl Harbor, nobody called it anti-Nipponism.

When Germans were targeted after WW2, nobody called it anti-Arianism.

As misguided as these attacks on Jews outside of Israel are, they are not racism but retaliations for crimes against humanity. Israel itself made non-combatants legitimate targets by attacking the UN schools and hospitals and killing children.

Jan 16 20:26

Ireland Is In Trouble

While much of Europe is getting hammered by credit default swaps, Ireland appears to be in some of the most serious trouble.

Jan 16 08:53

Ukraine Rejects Once Again Russian Gas Transit

The Ukraine has once again refused to fulfill the request of the Russian energy monopoly "Gazprom" for the transit of 99,2 M cubic meter of gas, the Russian information agency "Novosti" reported Friday.

Novosti are quoting the spokesperson of the Ukrainian "Naftogaz" Valentin Zemlyansky.

Zemlyansky confirmed that the transit of Russian gas through the Ukrainian territory remains impossible.

"Our answer is the same as the one from yesterday: a technology agreement first, gas transit second," the spokesperson declared.

In the mean time there is growing frustration with both countries among European officials.

German Chancellor Angela Merkel, who is due to meet Russian Prime Minister Vladimir Putin in Germany on Friday, warned that Russia could damage its reputation as a reliable energy supplier if the dispute continued.

Jan 15 14:38

Saura conmemorará ahora el Holocausto

Webmaster's Commentary: 

Following the recent anti-Israel protests in Spain, the Spanish government, obviously pussies like the US Government, scrambles to atone (i.e. kiss ass) by ramping up the holocaust commemorations!

Jan 15 14:10

Ukraine wants $US 700 million worth of gas to resume transit

It is little known that the country of Ukraine contains much of the storage and trasmission infrastructure that feeds NG from Russian (GazProm) gas fields to European customers.

This story confirms that it is the Ukraine that is holding up NG from being supplied to Europe. Holding Europe hostage while the western MSM is vilifying Russian and Putin.

Jan 15 08:13

German police ban Israeli flags

German police officials in the cities of Duisburg and Düsseldorf, located in the state of North Rhine-Westphalia, prohibited pro-Israeli supporters from displaying Israeli flags.

Jan 15 07:00

READER: READER: Were the Jews doing this kind of stuff to the German government in 1930?

Thursday, January 15, 2009
If so I can understand why the Germans were so angry at them.

One of the last Chancellors of the Weimar Republic, Dr Heinrich Bruning, said in a 1937 letter to Winston Churchill that;

"I did not and do not even today, for understandable reasons, wish to reveal that from October 1928 the two largest regular contributors to the Nazi Party were the general managers of two of the largest Berlin banks, both of Jewish faith, and one of them the leader of Zionism in Germany."

Upon Mr Hitler's accession to power 30 January 1933 something happened between then and 24 March 1933 when the `glorious` headline - Judea Declares War on Germany - appeared in London's Daily Express newspaper.

I suspect that the Zionist bankers promptly turned up on his doorstep and asked him to deliver on their having so lavishly funded his Party the previous 4 years and 3 months.

Jan 14 10:14

United States-Ukraine Charter on Strategic Partnership

The United States of America and Ukraine:

1. Affirm the importance of our relationship as friends and strategic partners. We intend to deepen our partnership to the benefit of both nations and expand our cooperation across a broad spectrum of mutual priorities.
2. Emphasize that this cooperation between our two democracies is based on shared values and interests. These include expanding democracy and economic freedom, protecting security and territorial integrity, strengthening the rule of law, and supporting innovation and technological advances.
3. Stress our mutual desire to strengthen our relationship across the economic, political, diplomatic, cultural, and security fields.

Jan 14 09:55

Greece hinders US arms delivery to Israel

The US has to re-route arms shipment to Israel as Athens declined to allow a Greek port be used as a transit point, fearing nationwide protests.

Webmaster's Commentary: 

So, the US weapons (which you paid for) are still going to Israel, just via another route.

Kudos to the Greek people for forcing their government to act.

Jan 13 21:42

Gaza protest The Hague Netherlands January 13th 2009

Jan 13 21:21

Norway Gaza Protests Turn Violent (Agents Provocateurs?)

Webmaster's Commentary: 

This feels like a staged incident to make the pro-Palestinian demonstrators look bad in the press.

Jan 11 12:33

250000 in Madrid against Israel's genocide

More than 250000 people, including the actors and arts association, the palestian embassador in Spain, politicians, etc...
The sentiment in Spain from the people and the goverment is so strong that the Israeli Embassy has issued a manifest saying that the spanish goverment and people are using double standars by critizicing Israel, because what they are doing is as justified as when Nato intervined in yugoslavia and how come the spanish people did not come out in the past defending Israel when hammas was launching rockets at them....

Jan 08 18:41

Agreement Reached on U.N. Resolution Calling for Mideast Cease-Fire

The United States reached agreement in principle with Western European nations and key Arab states Thursday on a U.N. Security Council resolution that calls for a cease-fire between Israeli forces and Palestinian militants in the Gaza Strip and condemns all violence against civilians, a senior European diplomat said.

Webmaster's Commentary: 

No mention of the elected government of Gaza having a say, of course.

Jan 08 13:50

Russian Gas Cuts: US-Afghanistan Connection?

I wish to examine, however, if other parties might benefit from this dispute. It would be a simple matter to plan this dispute and to predict Russia’s response.

It is highly probable, therefore, perhaps 90 per cent probability, that the US has offered inducements for Ukraine to disrupt gas transit to the EU in order to create insecurity about Russian supplies and gain support for its Afghanistan war. This would be very easy. One million dollars each in the Swiss accounts of, say, 20-40 key politicians and officials and Ukraine’s performance is guaranteed. And cheap. Paul Craig Roberts, who was assistant secretary of the Treasury in the Reagan administration, says that in post he learned that simply giving cash is the preferred means of getting other countries, including Europe, to do what the US wants.

Jan 07 07:17

European diplomacy in Gaza crisis prepares trap for Palestinians

All of the European representatives have called for an immediate cease-fire. They have discussed their proposals with Mubarak, Palestinian President Mahmoud Abbas, Israeli Prime Minister Ehud Olmert and—in the case of Sarkozy—Syrian President Bashar al-Assad. At the same time, all of the European delegations have ruled out any talks with Hamas, the immediate target of the Israeli aggression.

Webmaster's Commentary: 

You know, the guys that actually WON the election.

Jan 07 06:37

Russia stops gas transit through Ukraine

Gazprom says all transit of Russian gas to Europe through Ukraine has been stopped. The move was proposed by the company CEO, Aleksey Miller, and agreed to by Russia's Prime Minister Vladimir Putin.

Gazprom says that Ukraine has shut all four pipelines which send gas to Europe, causing several countries to run out of fuel. But Ukraine claims that Russia stopped delivering all gas to Europe through its territory on Wednesday morning.

Jan 06 19:54

Europe begins to freeze as gas taps are turned off in energy war

Outside, the temperature plummeted to minus 12. Inside, the gas stopped flowing to homes in some of Europe's eastern cities in the dead of night and stayed off all day while the thermometer stayed below zero.

Tens of thousands living on the shores of the Black Sea were the first to feel the bitter impact of Russia's dispute with Ukraine over gas payments on the coldest day of the year.

With even icier conditions forecast for this week, the gas flow from Russia dried up during the day to nine countries, leading Bulgaria and Slovakia to consider declaring states of emergency and others to warn that just a few days' reserves remained.

Jan 06 09:17

German mogul kills self over financial meltdown

German billionaire Adolf Merckle has committed suicide after his business empire, which included interests ranging from pharmaceuticals to cement, ran into trouble in the global financial crisis, his family said Tuesday.

Webmaster's Commentary: 

If having to live cheaply is a fate worse than death for the rich, why do the rich work so hard to force the rest of us to live that way?

Jan 06 09:15

Shares skyrocket as Porsche takes over Volkswagen

German luxury sportscar maker Porsche has taken over Volkswagen, the biggest European car manufacturer, after purchasing more than 50 percent of VW shares, Porsche said.

Jan 05 07:52

Suspend EU-Israel Association Agreement

We call on the EU to suspend the EU-Israel Association Agreement until Israel respects human rights and International Law.

Jan 03 17:51

European protesters urge end to offensive on Gaza

Dec 21 16:39

2008 Greek riots

Alexander's death appears to have been a catalyst, unleashing widespread Greek anger towards many issues - police mistreatment of protesters, unwelcome education reforms, economic stagnation, government corruption and more.

Dec 19 15:12

Belgian government collapses over Fortis affair

Belgium's government collapsed on Friday after a top court found signs that it had sought to sway a legal ruling on the future of stricken bank Fortis.

Dec 19 08:32

Credit Suisse bankers are getting toxic bonuses

As Wall Street banks face public outrage over the large bonuses they plan to pay workers this year, Credit Suisse's investment banking unit told senior bankers on Thursday that they would have to eat their own cooking.

Credit Suisse will pay a portion of bonuses for thousands of its senior investment bankers using shares of troubled assets left over from before the financial crisis.

Dec 18 11:15

Surfing through St. Mark's Square

When Venice flooded earlier this month, a thousand honeymoons were ruined. But for one intrepid wakeboarder from the Netherlands, the flooding wasn't a disappointment -- it was the chance of a lifetime.

Dec 18 11:14

Journalists Worry 'Big Brother Law' Will Kill Press Freedom

A new law working its way toward passage in Germany has journalists worried. Certain provisions, they say, could eliminate the ability for reporters to protect their sources.

Dec 16 14:29

Greek youths break into state TV center, take over

Dec 16 08:59

Greek police run out of tear gas as rioting continues for a seventh day

Webmaster's Commentary: 

Greece is now reportedly buying more tear gas from Israel.

Dec 15 06:12

Fears of unrest spreading across Europe

THE unrest that has gripped Greece this week is spilling into the rest of Europe, raising concerns that it could be a trigger for opponents of globalisation, disaffected youth and others outraged by economic turmoil.

Protesters in Spain, Denmark and Italy smashed shop windows, pelted police with bottles and attacked banks this week, while in France cars were set ablaze on Thursday outside the Greek consulate in Bordeaux, where protesters warned about a looming "insurrection".

Webmaster's Commentary: 

"Caylee Caylee Caylee CAYLEE cayleecayleecayleecaylee Caylee Blagojevich!!!" -- ABCNNBBCBS

Dec 14 09:20

Who are the protesters in Greece?

The fatal police shooting of a teenager in Athens on Saturday and its violent aftermath are in many ways a spill over of a decades-long conflict that has simmered between police and far-left anarchist groups.

The violence has also laid bare a deeper anger that has been gaining ground in Greece over the government's policies in slashing budget deficits and pushing on with unpopular reforms such as privatisations.

This anger has been exacerbated by a series of financial and political scandals among prominent members of the government of Costas Karamanlis, Greece's prime minister.

Webmaster's Commentary: 

I knew there was more going on than just that shooting.

Dec 13 14:11

Greece seeks tear gas from Israel

Greece has asked Israel to provide it with emergency supplies of tear gas as the clashes continue in Athens between the youths and police.

Webmaster's Commentary: 

"When you care enough to use the very best on your own people..."

Dec 13 08:39

Banks gas-bombed in Athens

Five banks were attacked overnight in Athens, police said Saturday as youths prepared to assemble at the scene of a teen's killing by police one week ago.

Webmaster's Commentary: 

The fact that the banks were attacked confirms that the real issue in all these riots is opposition to the financial system which is impoverishing the world's people.

Dec 12 09:02

German Lawmakers Urge Merkel to Boost Dwindling Bank Guarantees

German lawmakers today called on the government to top up a 400 billion euro ($531 billion) fund established to guarantee bank loans, as the cash pledge will soon be used up without meeting its goal of reviving interbank lending.

Dec 11 08:05

Police officer charged as Greece falls deeper into turmoil

A fifth day of clashes between youths and police, plus a general strike, plunged Greece deeper into turmoil Wednesday as two policemen were charged over the killing of a teenager that sparked the unrest.

Dec 10 07:45

Clashes, looting rock Greek cities for 4th night

Masked youths and looters marauded through Greek cities for a fourth night Tuesday, in an explosion of rage triggered by the police shooting of a teenager that has unleashed the most violent riots in a quarter century.

The nightly scenes of burning street barricades, looted stores and overturned cars have threatened to topple the country's increasingly unpopular conservative government, which faces mounting calls for Prime Minister Costas Karamanlis to resign.

Webmaster's Commentary: 

It occurs to me that if these riots were happening in Iran or Pakistan, ABCNNBBCBS would be headlining that instead of Blagejevich!

Dec 09 16:02

Greek popular revolt about to topple govt

Dec 09 09:56

U.K. auto-parts maker Wagon reportedly on brink of collapse

One of the U.K.'s largest car-parts groups, Wagon Automotive, was on the brink of collapse this weekend, according to reports in several newspapers.
Administrators are expected to be appointed within days at Wagon, which employs more than 500 in the U.K.
Only the U.K. operation will be put into administration this week, with the fate of European plants still to be decided, reports said.

Dec 04 07:48

Berlusconi plans to use G8 presidency to 'regulate the internet'

Italian president and media baron Silvio Berlusconi said today that he would use his country's imminent presidency of the G8 group to push for an international agreement to "regulate the internet".

Speaking to Italian postal workers, Reuters reports Berlusconi said: "The G8 has as its task the regulation of financial markets... I think the next G8 can bring to the table a proposal for a regulation of the internet."

Dec 01 12:47

Highest tide in 20 years floods historic Venice

Venice could use a bailout. The city built on water has too much of it.

Residents and tourists waded through knee-deep water Monday as they navigated the city's narrow streets and alleys, and its historic St. Mark's Square was inundated. Boxes of tourist merchandise floated inside the flooded shops around the square and even the city's famed pigeons sought refuge on rooftops and windowsills.

One of the highest tides in its history brought Venice to a virtual halt, rekindling a debate over a plan to build moveable flood barriers in an effort to save the lagoon city from high tides.

Nov 25 22:30

New EU President to Lead Us Out of This Mess?

I'm not sure about you, but this seems like a terrific new leader for the EU - an Austrian School economist who believes in liberty and sovereignty, and agrees with the majority of the citizens of the world that all these bailouts are the wrong way to solve problems we are facing.

Nov 19 08:45

Spain 'to slide into recession'

Spain is likely to slip into recession in the fourth quarter and stay there into 2009, Bank of Spain head Miguel Angel Fernandez Ordonez has said.

Nov 18 07:20

Estonian Spy Scandal Shakes NATO and EU

For years an Estonian government official has apparently been collecting the most intimate secrets of NATO and the EU -- and passing them on to the Russians. The case is a disaster for Brussels.

Nov 13 18:50

Garda chief asks mobile phone firm to retain web-browsing data

DETAILED INFORMATION on the web pages people view will be retained for possible future criminal investigations if telecommunications operators comply with a letter from the Garda Commissioner.

The request for real-time web-browsing information - the content or the web address (URL) of every web page browsed by users of mobile handsets, palmtop devices or 3G modems - goes beyond the European Union's data retention directive, which the Government intends to implement as a statutory instrument.

Nov 13 07:25

Germany slides into recession

Germany officially slid into recession today according to economic data showing that Europe's largest economy shrank in the last quarter.

Nov 06 07:36

German Politicians Welcome Obama, Call for Closer Ties to US

Lawmakers in Berlin hope US President-elect Barack Obama will forge closer partnerships with allies than his predecessor. But Europeans expect the cooperation to come with some strings attached.

Nov 06 07:35

EU calls for 'new deal for new world' with Obama

The head of the European Union
(EU)'s executive body, the European Commission, on Wednesday congratulated Barack Obama on his victory in
the US presidential election and called on him to work with the EU to shape a "new deal for a new world".

Nov 05 07:50

Czech opposition demands top court examine U.S. missile deal

The Czech opposition Social Democratic Party demanded on Monday that the Constitutional Court examine the legality of agreements signed with the United States on deploying an anti-missile radar in the country.

The agreement to station a U.S. radar in the Czech Republic was signed on July 8 by U.S. Secretary of State Condoleezza Rice and Czech Foreign Minister Karel Schwarzenberg.

Nov 05 07:49

Germany to Introduce Job Protection Measures

Chancellor Merkel's government is to come up with a stimulus package to help Germany weather the worst of the global economic crisis and secure jobs for nearly 1 million people, the economy minister says.

Nov 05 07:46

Spain offers mortgage relief to 500,000 workers

Oct 30 08:56

Porsche pulls off one of the greatest share killings of all time in $20bn 'sting'

The Sports car giant Porsche has pulled off one of the greatest share killings of all time in a coup that has left some of the world's largest hedge funds nursing combined losses that could total $20bn (£12.6bn).

Oct 30 06:59

Europe's looming crisis

It all started with sub-prime loans in the United States. Or did it? As the IMF is called in to bail out failing economies, the scale of European exposure to toxic debt is becoming clear

Oct 29 14:58

Suspected Georgian war crimes uncovered by the BBC

The British Broadcasting Corporation is reporting that it has obtained evidence suggesting that Georgia may have committed war crimes during its attack on South Ossetia in August. The BBC says it gathered the evidence during the first unrestricted visit to South Ossetia since the conflict.

Describing Georgia’s military assault as ‘reckless’, UK Foreign Secretary David Miliband said he had raised the ‘war crimes’ allegations with the government in Tbilisi.

Oct 26 09:06

EU to "Educate" Irish Voters to Accept Constitution Treaty

Last June, in a national referendum, voters in Ireland rejected the European Union Lisbon Treaty, which was, said opponents, merely a rehashed version of the EU Constitution that had gone down to defeat in 2004. Now, the powers that be in Brussels, headquarters of the European Union, have announced a new effort aimed at "educating" Irish voters for another run at the treaty.

"You will vote for the treaty, dammit!"

Oct 24 14:10

Angela Merkel sees red at Nicolas Sarkozy's plans for state intervention

President Sarkozy is set for a showdown with Angela Merkel today after infuriating the German Chancellor with the launch of a €100 billion (£80 billion) French sovereign investment fund that he exhorted other European governments to copy.

Brushing aside Berlin's qualms, Mr Sarkozy yesterday outlined plans for the fund as part of a programme to strengthen public sector control over private business. He also promised €175 billion of direct state investment in the economy, over and above the sovereign fund, in the next three years.

Oct 24 14:01

Haider widow believes death 'not an accident'

he widow of Joerg Haider believes the far-right Austrian politician's death in a car crash may not have been an accident and has saved his body from cremation for a second post mortem, a Vienna newspaper has reported.

Oct 23 15:18

Dumb and Dumber

Nicholas Sarkozy is now blaming the Irish Prime Minister, Brian Cowen, for igniting a bank deal crisis.
I am Irish and think that the Irish Government plan was about as stupid as you could possibly get but, when Nicholas Sarkozy stands up and pretends to be the bastion of Economic Sagesse, well excuse me, I gotta have my say as this galls me.

Oct 22 08:05

European markets extend losses ahead of Wall Street open, all eyes on corporate earnings

Oct 22 07:46

Bosnia in danger of collapse warn former envoys

Bosnia could disintegrate if the international community does not become more involved in this Balkan nation beset by factional divisions, former peace envoys Richard Holbrooke and Paddy Ashdown warned on Wednesday.

Oct 19 13:04

Russia should join EU, Berlusconi says

Brussels - Russia should be allowed to join the European Union in the coming years, Italian Prime Minister Silvio Berlusconi said Wednesday. "I consider Russia to be a Western nation. So my project is that the Russian Federation should become a member of the EU in the coming years," Berlusconi told Italian reporters on the sidelines of an EU summit in Brussels.

Berlusconi's comments on Russia's EU aspirations were not new, but they nevertheless raised eyebrows in Brussels.

Oct 19 08:51

Another storm is brewing in eastern Europe

Warning lights are flashing in eastern and central Europe, where Hungary and Ukraine are seeking bail-outs from the International Monetary Fund to avoid the turmoil that threatens to bankrupt Iceland

Oct 18 13:01

EU Leaders Call for Global Currency

Kurt Nimmo
Saturday, Oct 18, 2008

If we are to believe the Washington Post, French president and current EU leader Nicolas Sarkozy has pledged to save us from nameless “freewheeling bankers and traders” who get the blame for the current economic crisis.

Oct 17 08:48

European markets tumble as confidence collapses

Oct 17 08:48

Is Switzerland the next Iceland?

In an extraordinary move for a nation proud of its financial prudence and stability, Switzerland was forced to take emergency measures yesterday to shore up its two biggest lenders to prevent a collapse in confidence in the country's banking system.

Oct 17 08:44

EU to bring back customs duties for cereals imports

Oct 12 13:50


From George Ure's

A sharp-eyed reader in Germany is piecing it together this way:

"Hi George,

Cliff's accuracy is amazing! Not only did he predict correctly the current financial crash, but also his prediction of the three unwanted guests is on the spot - at least for one "guest".

He spoke of "an ['accident' (real or claimed)] which causes a [derailing]. This last may be in the political realm."

Oct 09 14:42

Libya halts oil shipments to Switzerland

Libya said Thursday it has halted oil shipments to Switzerland and withdrawn its money from Swiss banks, three months after the arrest of Moammar Gadhafi's son in Geneva sparked a diplomatic crisis between the two countries.

Oct 09 10:09

Iceland bank freeze 'used anti-terror laws'

The UK government implemented anti-terror laws to freeze the estimated £4 billion worth of British financial assets in a failed Icelandic bank, it has been revealed.

The freezing order against Landsbanki, which owns failed internet bank Icesave, was issued under the 2001 Anti-Terrorism, Crime and Security Act.

The move threatens to drag down British-Icelandic relations to their lowest point for over three decades, with Gordon brown announcing legal action against Reykjavik authorities yesterday to recover depositors' money.

Oct 09 08:16

Iceland collapse costs UK billions

DOZENS of British councils risk losing hundreds of millions in taxpayers' money held in Iceland's stricken banks as shockwaves from the tiny nation's financial collapse reverberate across Europe.

As councils across Britain began contemplating the prospect of raising taxes and cutting services to cover their losses, the two countries squared up for a diplomatic row over Iceland's refusal to refund the deposits.

Oct 09 06:21

Italy's Banks May Need More Capital

Oct 09 00:09

I Survived the Georgian War. Here's What I Saw.

08/10/08 "CSM" -- -Tskhinvali, South Ossetia - In a speech before the United Nations last month, Georgian President Mikheil Saakashvili implored world leaders to set up an international investigation to find out the truth about the war in South Ossetia.

I couldn't agree more. But I think the results of an honest investigation would reveal a very different "truth" than what President Saakashvili claims.

Oct 08 08:04

The financial crisis could be the euro's death knell ... and even end the shambolic EU

Webmaster's Commentary: 

National borders serve the same function for planet Earth that fireproof doors do for buildings and watertight doors do for ships. They contain an accident so that the entire structure is not destroyed.

Fools who find opening fireproof or watertight doors inconvenient and jam them open will marvel at their cleverness at how fast people, cargo, and money can move from place to place. But the first time there is a fire, or the ship hits an ice berg, of the greed to those in control of the money gets out of hand, disaster results. Instead of losing a single room, the entire building burns down. Instead of a flooded hold and damaged cargo, the entire ship sinks. And instead of a bankrupt nation, you have a bankrupted Earth.

One world economy and one world government sounds like a nice idea. But there are two things wrong with it. The first is easy to explain; what happens when (not if) that one world government falls into the hands of the next Stalin or Hitler (or Bush)? The second reason is a bit more abstract. As long as their are multiple nations, there will be continuing experiments in new ways to organize and operate a society. But as soon as there is a single global government, all social evolution will stop, as a one world government will work only to perpetuate and prolong its owen reign, secure in its self delusion that it represents the peak of civilization.

Oct 08 07:22

Scandal over informers halts banning of neo-Nazis

Germany's constitutional court rejected an attempt to ban the country's main neo-Nazi party yesterday after learning that the government had relied on evidence supplied by paid secret service informants to incriminate the organisation.

Oct 07 18:52

European Central Bank Sees Crisis Of "Enormous Proportions" As Spain Creates Mortgage Rescue Fund

Oct 07 12:46

European Crisis Deepens; Officials Vow to Save Banks (Update3)

Oct. 6 (Bloomberg) -- The credit crunch deepened in Europe as government leaders pledged to bail out troubled banks and protect depositors.~~snip~~

French President Nicolas Sarkozy, who convened the Oct. 4 meeting, called for a global summit ``as soon as possible'' to implement ``a real and complete reform of the international financial system.'' He said ``all actors'' must be supervised, including credit-rating firms and hedge funds. Executive-pay systems must also be reviewed, he said.

Oct 07 10:39

Credit Crisis Actions Risk Collapse of European Monetary Union

Many of us in the US are focused on our own woes. But this is a global credit crisis. In today's Outside the Box, we take a look at the currency markets, which are in an historic upheaval and also look at what is going on in Europe. I suspect that Europe is in for a period of much distress, as the world begins to deleverage That is why one government after another will back the deposits of banks within their countries, for otherwise capital will flee to countries like Ireland and Germany which ARE guaranteeing the deposits for all banks in their borders. .

Oct 06 19:39

Iceland is on the brink of collapse

Iceland is on the brink of collapse. Inflation and interest rates are raging upwards. The krona, Iceland's currency, is in freefall and is rated just above those of Zimbabwe and Turkmenistan. One of the country's three independent banks has been nationalised, another is asking customers for money, and the discredited government and officials from the central bank have been huddled behind closed doors for three days with still no sign of a plan. International banks won't send any more money and supplies of foreign currency are running out.

Oct 06 11:52

Euro Falls to 14-Month Low as Credit Crisis Spreads to Europe

Oct. 6 (Bloomberg) -- The euro had its biggest one-day drop against the yen since its debut in 1999 as the deepening credit crisis prompted European governments to pledge bailouts for troubled banks while stopping short of coordinated action.

Oct 06 11:48

Germany takes hot seat as Europe falls into the abyss

We face extreme danger. Unless there is immediate intervention on every front by all the major powers acting in concert, we risk a disintegration of global finance within days. Nobody will be spared, unless they own gold bars.

Oct 06 07:50

Never Mind Lisbon, Europe Is Dead

Germany has joined Ireland and Greece in declaring that private citizens’ savings will be protected by the state. In doing so, they seem to have dealt a massive blow to the very foundations of the Tower of Babel that is the Maastricht Treaty. At the very least, they have exposed European monetary union for the joke that it is.

Oct 05 20:07

French to fight police database

Civil liberties groups fear that the new police database, called Edvige, would significantly erode rights to privacy.

Although governments regularly gather and store data about citizens, Edvige would include information about the youngest members of society.

"These people could be filed starting from the age of thirteen with a very large amount of data on their life, on their relatives, on their friends, acquaintance…everything," says Meryem Marzouki from the French National Scientific Research Center (CNRS).

Oct 04 19:02

Europe shivers as credit freeze hits Iceland

Central bankers and officials in Iceland are locked in economic bailout talks this weekend, as Gordon Brown attempts to convince European leaders to back a £12bn fund for small businesses across the Continent.

Oct 04 17:41

Hypo Real fights for life after rescue collapses

Property lender Hypo Real Estate (HRE) (HRXG.DE: Quote, Profile, Research, Stock Buzz) fought for its life on Saturday after German banks and insurers pulled out of a state-led 35 billion euro ($48.5 billion) rescue program stitched together only days ago.

The news is a fresh blow for the global financial system struggling to master an unprecedented crisis of confidence and poses a political challenge for the Berlin government, which has been fighting efforts to arrange a pan-European bank bailout.

Oct 04 08:34

Financial crisis: worse still to come for Europe?

The leaders of Britain, France, Germany and Italy are meeting in Paris to try and forge a common approach to sort out the European economy. But actions from the leaders can’t come soon enough for many European citizens - they’ve been feeling the pinch for a while.

Oct 03 08:37

Merkel says will not issue banks blank cheque

German Chancellor Angela Merkel said on Wednesday her government aimed to limit the damage to the economy from the global financial crisis but she was not prepared to issue a blank cheque to any bank.

Webmaster's Commentary: 

Merkel for President!!!!!!!

Oct 03 07:53

European bank rescue plan in tatters amid savings stampede

By Wednesday, the fury over Ireland's unilateral guarantee was hardening in the City and across Europe. British banks were incandescent with their Irish counterparts, whom they accused of having deliberately exploited the situation to ring up corporate depositors and urge them to defect to “safer” Irish banks.

Webmaster's Commentary: 

"We can screw our people deeper thanb you can screw yours!"

"No you can't!"

"Yes we can!"

"No you can't!"

"Yes we can!"

"No you can't!"

"Yes we can!"

Oct 03 07:24

France seeks €300bn rescue fund for Europe

France heaped pressure on Gordon Brown last night by floating an ambitious plan for a €300 billion (£237 billion) bailout fund to rescue crippled banks across Europe.

Webmaster's Commentary: 

"Hey, those stupid Americans fell for it; we should do the same thing!!"