EUROPE

May 28 16:02

Volcanic and Political ashes in Iceland and the maybe anarchist and possible mayor of Reykjavik

“We have to show responsibility now.”

………..Says who?

the same people who irresponsibly supported and took money from the bankers who gambled away our children´s future?
Or the ones who sold out the rest of the economy and our national resources and infrastructure to foreign “investors”, committed us to debt-slavery forever and told us that our votes in a national referendum were irrelevant and therefor the people shouldn´t go voting at all?
This just about covers the whole political spectrum of “real” parties from right to left and middle and up and down, the pre-collapse government and the one we have now, the one Icelanders had put in office after their pots and pans revolution, just to be sold out by them to the British government and their banking overlords.

May 28 10:58

CALL FOR ACTION: To all EU readers of WRH; sign this petition against GMO in Europe.

To the President of the European Commission José Manuel Barroso:
We call on you to put a moratorium on the introduction of GM crops into Europe and set up an independent, ethical, scientific body to research the impact of GM crops and determine regulation.

May 27 07:18

Serbia asks IMF to unfreeze wages

Faced with possible social unrest, Serbia asked the International Monetary Fund on Monday to allow an increase in state salaries and pensions that were frozen as part of a bailout loan deal.

Webmaster's Commentary: 

"Hell, NO! You forget the golden rule; starve the people to give gold to the bankers. Starve the people to give gold to the bankers. Starve the people to give gold to the bankers!!!" -- The Bankers

May 26 23:05

Poland welcomes US soldiers, Patriot missiles

Polish and U.S. officials hailed the arrival in Poland of an American Patriot missile battery, saying Wednesday that the hardware and soldiers close to the Russian border enhance Polish security but pose no threat to Russia.

The Patriot battery arrived Sunday at a base in Morag, a town in northeastern Poland 37 miles (60 kilometers) from Russia's westernmost point, the Kaliningrad exclave.

May 26 20:44

China eyes cut in euro exposure

China, which boasts the world's largest foreign exchange reserves, is reviewing its holdings of eurozone debt in the wake of the crisis that has swept through the region's bond markets.

Representatives of China's State Administration of Foreign Exchange, or Safe, which manages the reserves under the country's central bank, has been meeting foreign bankers in Beijing in recent days to discuss the issue.

The meetings were arranged amid growing speculation that Safe is considering reducing its exposure to the eurozone bond markets because of the deepening crisis in Europe.

May 26 14:15

IMF praises Italy's cuts, points to wage bill

The International Monetary Fund on Wednesday welcomed Italy's commitment to reduce its fiscal deficit and said containing the public wage bill should be the focus of cost-cutting measures.

Webmaster's Commentary: 

Starve the people to feed the bankers. Starve the people to feed the bankers. Starve the people to feed the bankers. Starve the people to feed the bankers. Starve the people to feed the bankers. Starve the people to feed the bankers. Starve the people to feed the bankers. Starve the people to feed the bankers. Starve the people to feed the bankers. Starve the people to feed the bankers. Starve the people to feed the bankers. Starve the people to feed the bankers. Starve the people to feed the bankers. Starve the people to feed the bankers. Starve the people to feed the bankers. Starve the people to feed the bankers.

May 26 14:12

IMF raises fresh concerns about the Spanish economy

The International Monetary Fund (IMF) has raised fresh concerns about Spain's economy, saying "far-reaching" reforms are needed to ensure its recovery.

Webmaster's Commentary: 

"far-reaching reforms" is IMF-speak for "starve the people to feed the bankers!

May 26 08:29

Germany 'to extend short-selling ban'

Germany is considering widening a ban on "naked" short-selling on some financial stocks to cover all German-listed stocks, proposals have shown.

Webmaster's Commentary: 

Good for the Germans

May 25 09:46

Spain must make wide ranging reforms, weak recovery-IMF

Spain must make far reaching, comprehensive reforms, including to the labour market, while its economic recovery remains fragile, The International Monetary Fund said on Monday.

Webmaster's Commentary: 

In every monetary system where a private central bank issues the public currency at interest, there can never be a recovery because debt always outstrips the money supply. What the IMF is saying is what bankers have said throughout history; "You must make do with less so that we may have more. You must make do with less so that we may have more. You must make do with less so that we may have more."

May 25 09:36

Latvia Says I.M.F. Is Imposing Fresh Conditions on Rescue Package

Latvia said Wednesday that the International Monetary Fund had imposed fresh conditions for it to qualify for rescue funds, exacerbating an emerging split with the European Union over a €7.5 billion bailout last year.

Webmaster's Commentary: 

"All your base are belong to us!"

May 24 09:12

Italy suspends mark-to-market accounting on eurozone bonds

The Bank of Italy Tuesday said Italian lenders holding European government bonds in their available-for-sale portfolio don’t have to take into account possible capital gains or losses on them, in a move to safeguard capital ratios.

The decision came after volatility on European government bonds skyrocketed in recent weeks following several rating agencies downgrades, temporarily affecting the capital ratios of Italian, as well as other European, banks.

According to Italian securities laws Italian banks must deduct all the losses linked to the value of those bonds, but can only partially book capital gains.

Webmaster's Commentary: 

Mark-to-market accounting was what allowed ENRON to post profits that did not actually exist in order to run up their stock prices.

May 24 09:08

Burden of Irish debt could yet eclipse that of Greece

What will sink us, unfortunately but inevitably, are the huge costs of the September 2008 bank bailout, writes MORGAN KELLY

May 24 09:07

European bank jitters as Spain steps in to save Cajasur

Investors are braced for fresh turbulence in European bank shares after Spain's authorities stepped in to rescue Cajasur, one of the country's largest regional lenders.

May 23 21:28

Georgian Deputy FM: ‘New Stage in Georgia-Iran Relations’

Bilateral relations between Iran and Georgia are entering [a] "new stage" and Tbilisi hopes ties will further deepen, Nino Kalandadze, the Georgian deputy foreign minister, said on May 22.

"Georgia is highly grateful to the Iranian authorities’ policy towards Georgia, which we deem as very reasonable and which involves unconditional support to Georgia’s sovereignty and territorial integrity," the Georgian Deputy Foreign Minister said.

Georgia and Iran are getting all "pally-pally" all of a sudden. Nothing to do with Georgia getting the cold shoulder from the Obama administration, I suppose?

May 23 17:55

Israelis asked to visit passport plant here before Dubai killing

By Sam Smyth

Three fraudulent Australian passports, four French, 12 British, one German and eight Irish passports were used in the killing.

ISRAELI officials asked to inspect the Dublin plant where security-enhanced passports are made — just a month before a Middle East assassination by agents using forged Irish documents.

A serious diplomatic incident was looming last night after a top-level report concluded that an Israeli intelligence agency forged the Irish passports used in the murder of a Hamas operative in Dubai in January.

The Department of Foreign Affairs believes that an Israeli state agency provided the eight forged Irish passports used by agents involved in the assassination of Mahmoud al-Mabhouh.

May 23 05:44

The Israeli Role In The Plunder Of Iceland

The looting of much of the wealth of Iceland is one such mega-crime in which we find Israelis involved at the highest level. The First Lady of Iceland, Dorrit Moussaieff, is an Israeli Jew, which adds a significant wrinkle to the whole plot.

May 22 03:00

Whatever Germany does, the euro as we know it is dead

Angela Merkel's ban on short-selling is just a distraction from the horror to come

May 22 00:39

GERMANY'S PARLIAMENT VOTES TO GIVE 66% OF COUNTRY'S ANNUAL INCOME TAX REVENUE TO BANKS

The Merkel government has just announced a raft of deep cuts and tax hikes, which will increase the proportion of the country’s income flowing to the banks and accelerate an economic collapse that could be much more severe than the Great Depression of the 1930s.

The transfer of almost the country’s entire tax revenues to the banks shows that the politicians in Germany are working hand in glove with banks to loot the people on an unprecedented scale under the smokescreen created by the mainstream media.

Though sold by the controlled media as “aid for Greece”, none of the money will go to the people of Greece.

May 21 10:31

Germany Acts Alone to Protect the Euro and Big Banks Against Speculators

If Germany’s efforts to rein in speculation in European markets were meant to surprise investors, they succeeded — just not quite in the way officials in Berlin might have intended.
Enlarge This Image
Tobias Schwarz/Reuters

Axel Weber, right, president of Germany's central bank, and Jochen Sanio, head of BaFin, which regulates its financial markets. BaFin banned the naked short-selling of some stocks and bonds.

On Wednesday, the government’s partial ban on so-called naked short-selling took effect, as part of Berlin’s effort to protect its biggest financial institutions and the euro currency from investors who have been betting against them.

May 21 03:44

Austerity regime in Europe

May 19 06:56

Britain on its own if markets strike: French official

Britain may find itself on its own if it comes under pressure from the markets, France's chief financial regulator warned on Tuesday, after London refused to join Europe's trillion-dollar rescue package.

May 18 16:46

The German Government Has Had Enough

If you thought the German government was going to be a lapdog for Sarcozy, or worse, was going to fellate Brussels and the ECB, you got a rude shock today.

It appears that the German Government has just plain had enough of the crap that the banksters have tried to pull, and has decided to do what Barack Obama should have done in early 2009.

That is:

* No more naked credit crap, especially against sovereigns but not only against sovereigns. No insurable interest, no CDS - period.

* Naked shorting will now be actually stopped in 10 leading financial institutions.

* Germany has had it with naked shorting of Gold, and specifically noted bank manipulation of gold prices via naked shorts beyond intent or ability to deliver.

Webmaster's Commentary: 

"Mommie; Germany is being mean to us! PLease go kill them!" -- Gold in my Sacks

May 18 12:44

French Pension-Reform Plan Stirs Union Ire

The government said it plans to introduce a bill to raise the retirement age from the current minimum of 60—though it didn't say to what age—and create a new tax on high earners, to try to fix the nation's debt-choked pension system.

Webmaster's Commentary: 

"Our new policy, suggested by the Americans, is that we work the slaves until they drop!"

May 17 08:43

Germans turn against the EU as eurozone meltdown heaps misery on Angela Merkel

German fury at paying for Greek extravagence is turning into anger against the European Union, the euro, and Angela Merkel

May 15 10:53

Israel’s Intimidation Tactics Won’t Stop Us: First Ship Sets Sail for Gaza!

By Huwaida Arraf

London – 14 May 2010 – At 22:45 local time tonight, the MV Rachel Corrie, a 1200-ton cargo ship, part of the eight-vessel Freedom Flotilla, set sail from Ireland on its way to the Mediterranean Sea. Three, ships from Turkey and Greece will join her, then sail to Gaza.

This past week reports from Israel have indicated that the Israeli authorities will not allow the Freedom Flotilla to reach Gaza with its cargo of much-needed reconstruction material, medical equipment, and school supplies. According to Israeli news sources, clear orders have been issued to prevent the ships from reaching Gaza, even if this necessitates military violence.

May 15 07:42

The Fed Currency Swaps Begin

The Federal Reserve provided $9.205 billion of liquidity to foreign central banks since reopening foreign exchange swap lines this last week, the New York Fed reports.

The European Central Bank was the only institution todraw on the swap lines this week, swapping the full $9.205 billion amount.

May 15 00:57

Will The U.K. Be The Next European Nation To Experience A Massive Debt Crisis?

As we wrote about yesterday, the sad truth is that the governments of the world are rapidly running out of money and are drowning in debt. It is a gigantic mess, and the term "sovereign debt crisis" is going to pop up in the news very regularly from now on.

When it does all start coming apart and the dominoes do start falling, it is going to be a complete and total nightmare. Paper currencies around the globe will lose value at breathtaking speeds as central banks flood economies with cash in an attempt to stop the madness.

But more debt and more paper never solves anything. All it does is make the long-term problems even worse.

When the tipping point comes, things are going to move fast. Let's just hope that we all have a good bit more time to prepare before that happens.

May 14 08:20

Antoine Raffoul : Dear Elton John

If you do go ahead with this performance, please make sure that, when you sing in that stadium, you sing loud enough for the Gazans to hear you in their open air prison only 40 miles away.

Some of the Gazans may not even hear you no matter how loud you sing, because they have been made deaf and dumb as a result of Israel’s deadly ” Operation Cast Lead.”

The following letter was sent recorded delivery to Elton John via the following contacts:

Read More: http://mycatbirdseat.com/2010/05/dear-elton-john/

May 13 14:31

Are the bombers in Iraq Al-Qaeda, the CIA or Israel?

Christopher King argues that it is likely that the American CIA – or Israel acting on its behalf – is responsible for recent atrocities in Iraq, in order to extend and consolidate the occupation, just as it is probable that the Times Square bomber was, wittingly or otherwise, acting for the CIA or Israel, to justify the US military intervention in South Asia.

May 13 14:27

INSTANT CLASSIC: Irish Parliament Bailout Video -- Paul Gogarty & Emmet Stagg (WATCH -- NSFW)

Watch Paul Gogarty battle the tyranny of the Irish bailout machine.

May 13 08:29

David McWilliams: Forget bailouts, it's time for a two-speed Europe

Having rallied on Monday, the value of the euro has fallen back. One implication of this is that the financial markets are not convinced that the huge EU/IMF/ECB bailout will be enough. Maybe the markets think that the extraordinary web of borrowing between the European countries is just too big to manage, even with such guarantees in place.

May 13 08:28

Party threatens DK’s EU contribution

The Danish People’s Party is threatening to veto the Danish tranche of the EU’s emergency fund, which was agreed at the weekend to stabilise markets, in protest against EU commission plans to require national budgets to pass through Brussels before presentation in national Parliaments.

May 13 06:51

David Icke on the 2010 British Elections

May 12 09:47

Protestors attempt to storm Dáil

An attempt was made last night to storm the Dáil but protestors failed to breach security measures at the gate.

Around 100 people marched to Kildare Street in protest at the Government's plans to inject billions of euro into the country's banks.

May 12 08:44

Spain cuts salaries as Europe faces up to crisis

This is another case of the general population being screwed by their own governments to enrich the bankers.

May 12 02:07

John Greyson : Hey Elton Cancel Your Concert in Israel

HEY ELTON Cancel Your Concert in Israel

by Canadian filmmaker John Greyson

Palestinian civil society has called on Elton John to respect their boycott
call and cancel his June 17th concert in Tel Aviv. If he does so, he’ll be
joining Santana and Gil-Scott Heron, who recently cancelled their spring
concerts in Israel. This video suggests six reasons why Elton should join
the BDS (boycott, divestment, sanctions) movement.

PLEASE WATCH HERE: http://mycatbirdseat.com/2010/05/john-greyson-hey-elton/

May 11 09:52

Euro falls as market doubts rescue package

The euro fell on Tuesday as the relief rally unleashed by an emergency aid package to prevent the spread of a euro zone debt crisis dissipated and the focus switched back to structural problems plaguing the bloc.

Webmaster's Commentary: 

The Global Economy is a boat with ten holes in the bottom and only five corks, and all the bailouts accomplish is to yank a cork from one hole and pound it into another in front of the press cameras while the wielder of the hammer proclaims, "I am doing something about the problem!"

May 11 08:41

$1 Trillion Was Not Enough

Zero Hedge notes that European banks are betting against the beleaguered euro. “Zero Hedge has received confirmation that several of the largest French banks are now actively shorting the euro to take advantage of globalized moral hazard, which with every ensuing bailout does nothing but make the bonuses of French FX traders surge.”

In other words, the very banks the EU plans to bailout in part with U.S. taxpayer money (or tax payer long term debt) via the IMF are placing bets against the survival of Europe.

May 11 08:22

The European Bailout: Not a Very Promising Start

Of course, the myriad fraudulent schemes (using derivatives and other means) to hide the problems of Greece, Italy and other countries are still continuing to some extent. And the size of the too big to fails means they can take down companies or nations using high-frequency trading, short-selling, credit default swaps and other means. Indeed, Jim Rickards argues that the bailout won't really help because "Goldman can create shorts faster than Europe can print money".

Therefore, without fundamental reform of the financial system, there can be no true and lasting European recovery.

May 11 08:13

The volcano in Iceland continues to spew a huge ash cloud, causing flight disruptions in Europe

The volcano in Iceland continues to spew a huge ash cloud, causing flight disruptions in Europe
The volcanic ash cloud from Iceland closed down airports in Spain, the Canary Islands and parts of Morocco, and looks set to spread further to southwestern France

May 10 09:40

Angela Merkel punished by voters for dithering over Greek bailout

The German chancellor's Christian Democrats (CDU) dropped more than 10% in the election in North Rhine Westphalia, according to exit polls. The CDU, which polled 34.5%, and its coalition partner, the Free Democratic party (FDP) – which secured 6.5% – no longer have an outright majority.

Webmaster's Commentary: 

The media spin is that she should have acted sooner to save Greece, but in reality the polling is showing that the German voters were angry that Merkel was sending Germans' money to foreign nations at a time when Germany is suffering.

May 09 22:24

brussels: euro monster bailout nears $1 trillion

Europe on Monday agreed a package of crisis aid for troubled eurozone countries that Spanish finance minister Elena Salgado said could hit 750 billion euros with IMF involvement.

May 09 22:01

EU approves $560B crisis fund for Europe

Europe's finance ministers approved in an emergency meeting late Sunday a "stabilization mechanism" that could provide at least 440 billion euros (US $560 billion) for a crisis aid package aimed at ensuring financial stability across Europe.

Webmaster's Commentary: 

It's another bailout. Europe's banks will be saved and the Europeans will be plunged further into debt.

May 09 16:39

Has the Power Elite Over-Reached?

The hysteria of the mainstream media over the plight of the EU and the necessity to salvage it is misplaced. As is the perception of some in the alternative media that the elite has planned the current unraveling in detail and is on top of the situation. We think, in fact, that the EU, in various ways, is verging on becoming yet another failed elite promotion and, as we have written before, it couldn't happen to a more deserving bunch.

May 09 10:23

Disgruntled Germans go to polls with Merkel's coalition under threat

The UK has been so immersed in political fever that another highly significant election has gone almost unnoticed. When Germans go to the polls in state elections today, at stake will be not only the future of Angela Merkel's ruling coalition in Berlin, but also the direction of Europe's biggest economy.

May 09 10:09

Voting underway in crucial German state election

Germans are casting ballots on Sunday in the country's most populous state. The vote is seen as a test for Chancellor Angela Merkel’s federal government and polls suggest the ruling coalition is in trouble.

May 09 08:53

Britain says it will not back European bailout fund

BRUSSELS — Britain said on Sunday that it will refuse to underwrite a European Union bailout fund worth some 60 billion euros that finance ministers want to agree at emergency talks in Brussels.

"We wouldn't participate in a European bailout fund," a British diplomat told AFP of moves for all 27 EU member states to guarantee borrowings destined to bailout troubled economies in the crisis-hit 16-nation eurozone.

May 09 07:45

Americans Have Been Bailing Out Foreign Banks for Years ... And We're Getting Ready To Do It Again

So not only are Americans bailing out our own too big to fail banks, but we're bailing out foreign mega-banks as well.

Even though bailing out Europe might make sense if America was flush with cash, things are different now. As Congressmen Kucinich and Filner wrote last June:

Our country and this body cannot afford to spend American tax payer dollars to bail out private European banks.

In addition, the U.S. is - of course - also contributing tens of billions of dollars towards the Greek bailout through its contributions to the International Monetary Fund. Some allege that the U.S. will secretly help bailout of all of Europe. See this and this.

May 08 18:38

British taxpayers ordered to bail out euro

Britain faces paying out billions of pounds under a European Union deal intended to prevent another financial crisis like the one in Greece.

All 27 EU finance ministers have been summoned to Brussels on Sunday to sign up to a “European stabilisation mechanism. Britain will be unable to veto this as it will be put through under the “qualified majority voting” system.

The deal, effectively to shore up the euro, was denounced as a “stitch-up” last night after it emerged Nicolas Sarkozy, the French President and Angela Merkel, the German Chancellor, had devised it behind closed doors and were attempting to push it through at a time when there is no clear government in Britain.

May 08 08:03

Huge National Debts Could Push Euro Zone into Bankruptcy

Webmaster's Commentary: 

One more time; when a private central bank issues the public currency at interest, the system is a pyramid that lasts only as long as ever-larger pools of new borrowers can be found to allow the creation of new money with which to pay the interest on the old money. When new borrowers cannot be found, the pyramid collapses. When everyone in the nation (or planet) is already in debt and cannot be persuaded to borrow any more, collapse is inevitable because it is designed into the system from its inception.

Do you get it yet? The bankers designed a system that would eventually place all the wealth into their hands, but never planned what to do when they actually succeeded and society stopped operating.

And these same greedy bastard bozos want to run the world?

May 08 07:15

Merkel urged to put struggling Germans first

Mrs Merkel has reasons to fear voters' anger. A deeply unpopular rescue package for Greece, which critics say she tried to delay until after the vote, is being rushed through parliament this week.

Meanwhile, cities like Wuppertal in NRW are on the brink of bankruptcy.

May 06 11:25

Paul Krugman: most likely scenario is for Greece to “leave the Euro”

To put it another way, Greece will become essentially a Third World country. How did this happen? It happened because central banks around the world engaged in Keynesian “expansion” by creating Dollars, Euros, you name it. Keynesians believe that such action can go on forever without creating any consequences. As you can see, that simply is not true.

May 06 08:26

ECB Recommends Tight Limits on Greek Cash Transactions

While promoting the Euro as a safe store of value the ECB opts for tight limits on cash transactions in Greece, limiting the role of cash Euros as a medium of exchange, one of the fundamental functions of a currency.

May 06 08:09

Are France and Germany In Trouble?

You know that Greece, Portugal and Spain are in trouble.

You probably know that the UK is threatened by the falling dominoes.

But as the following Reuters chart shows (based on information provided by BIS), France and Germany are the largest holder of Greek debt:

May 05 07:01

Three dead as Greece protest turns violent

At least three people have been killed in the Greek capital as protesters set fire to a bank during a general strike over planned austerity measures.

The fire brigade said three bodies were found inside the Marfin Bank in Athens. Two other buildings are also on fire.

Petrol bombs were thrown at police who responded with pepper spray, tear gas and stun grenades.

May 05 03:23

Greece brought to halt by general strike over cuts

Greece is braced for mass protests as angry workers stage a general strike over planned austerity measures.

Measures include wage freezes, pension cuts and tax rises.

Flights in and out of Greece stopped at midnight, and trains and ferries were not running early on Wednesday.

Now that's what you call a strike - things are coming to a head there now

May 03 09:36

Unconditional support for Israel 'is dangerous', say leading European Jews

More than 3,000 European Jews, including prominent intellectuals, have signed a petition speaking out against Israeli settlement policies and warning that systematic support for the Israeli government is dangerous.

The petition's signatories include French philosopher Bernard-Henri Lévy and Daniel Cohn-Bendit, a Greens leader in the European Parliament.

May 03 06:34

Great European rail journeys: Your carriage awaits

I'd just finished a tasty ham omelette in the restaurant car and was nursing a second glass of equally delicious Croatian red wine, when the Zagreb-Vienna EuroCity train burst out of the Semmering Tunnel, high in the Austrian Alps. The view took my breath away. The railway clung to the mountainside, the summits towered above and the valley floor was a Toy Town vision thousands of feet below. The wheels beneath me screeched against the rails as the train curved first one way then the other among the fir trees, the waiter bracing himself expertly as he made his way to my table with my Zagreb schnitzel. We reached Vienna right on time, just after lunch.

May 01 07:32

Greek police and protesters clash as fury over economic chaos spills on to streets

Tens of thousands of protesters are gathering in central Athens and other Greek cities today for May Day rallies fuelled by anger at austerity measures needed to secure rescue loans for the near-bankrupt country.

Apr 30 08:08

Wild Wonders of Europe: a new book featuring pictures of European wildlife and landscape

European bison (Bison bonasus) in the Bialowieza Forest National Park, Poland. This is Europe's largest herbivore, weighing in at over 1,000 kilos. It was once hunted as close to extinction as any animal can be - at one time there were only 13 of them left. Now, there are around 2,000 European bison back roaming in the wild, and another 2,000 in captivity. The Bialowieza forest, straddling the border between Poland and Belarus, is the area where the bison, or Wisent, clung on and survived. Bialowieza is one of the very few remaining European old-growth broadleaf forests, and it is constantly threatened by logging interests. There are plans to expand the protected areas on the Polish side

Apr 28 09:56

ECB may have to turn to 'nuclear option' to prevent Southern European debt collapse

The European Central Bank may soon have to invoke emergency powers to prevent the disintegration of southern European bond markets, with ominous signs of investor flight from Spain and Italy.

Apr 28 09:42

S&P has just downgraded Spain debt from AA+ to AA, Outlook Negative

Apr 27 10:02

S&P on Greek Debt Downgrade to Junk Status: Options Are Narrowing

There is no way this stops with Greece. The PIIGS, Portugal, Italy, Ireland, Greece and Spain, are about to become bacon.

Webmaster's Commentary: 

As long as people allow themselves to accept pretty printed pieces of paper that cost the bankers pennies as actual money, only to return the full face value of that paper as labor plus interest back to the bankers then the people of the world will always live as slaves to the purveyors of pretty printed pieces of paper. The trap of the Reserve system of banking, in which all public currency is the result of a loan from a private central bank is that the moment that first pretty printed piece of paper goes into circulation, more money is owed to the bank than is actually in existence. Debt enslavement is built into the system.

From the bankers' point of view the solution to the debt is to squeeze the peasants harder; to flog them into accepting that they must make do with less so that the bankers may have more.

But from the point of view of the people, who have nothing left to be squeezed out, the more obvious solution is to start hanging the crooks who created the system in the first place, along with the government that sold out the people to the Federal Reserve's machinations almost 100 years ago.

Apr 25 09:47

Greek domino topples; Rest of the “PIIGS” next!

But in the bond market, it’s been anything BUT quiet. In fact, the first major sovereign debt domino toppled this past week — in Greece.

The Mediterranean nation is buried under a massive load of debts and deficits, and the numbers are shocking.

Webmaster's Commentary: 

Greece should serve as warning to the rest of the world that the push for globalism only benefits the globalists and will subject the people of planet Earth to perpetual debt slavery so long as they believe they should pay for the reckless behavior of government and business.

Clearly the people of Greece (and Iceland) are too smart to fall for that hoax. I hope Americans are just as smart.

Apr 25 09:28

Greece hit by new riots as pressure grows to quit euro

Apr 24 06:33

Hungary Financial Authority Fines Deutsche Bank For Swap Deals

Hungary's financial market authority PSZAF fined Deutsche Bank AG (DB) for weakening the Hungarian forint significantly Oct. 15 2008, when Hungary was hit hardest by the global credit crunch

Apr 24 06:16

Watch the Euro for Important Clues on Global Markets

If you’re looking for clues on where stocks, commodities and global economies are headed, you might be better served keeping a close eye on the euro, rather than on the incoming stream of corporate earnings reports.

That’s because the ongoing crisis in the euro zone, and the respective threat that Greece and the other weak spots in Europe are posing to the lifespan of the euro, has very significant implications for global markets.

Apr 24 06:15

Cover-up investigation bishop Vangheluwe

Cover-up investigation bishop Vangheluwe

The Roman-Catholic Church in Belgium is investigating whether bishop Vangheluwe, who resigned yesterday, covered up cases of sexual abuse concerning his collegues as well.
The bishop stepped down after confessing having abused his little nephew for years.

Now reports surface Vangheluwe knew about sexual abuse by other clergy, without acting.

Possibly he even consecrated a deacon into office whom he knew abused a boy. The deacon's victim by then had already committed suicide.

Apr 23 16:25

Trouble is brewing in Georgia

Relations between Russia and Georgia have turned even more frosty than they already were, over the past few months.

Apr 23 10:18

Greece calls on EU-IMF rescue loans

Greece has formally asked for the activation of an EU-IMF financial rescue package to help pull the debt-ridden economy out of its crisis.

It had hoped that just the promise of EU support, agreed last month, would have been be enough to reassure markets and help its recovery.

But Greece's problems have continued to hit investor confidence in the euro and other European economies.

Eurozone countries will now provide tens of billions of euros in loans.

Apr 23 08:48

Escalating Greek default fears rock Europe's debt markets

Goldman Sachs said it is expecting Greece to offer some sort of “voluntary debt-restructuring” to creditors over coming months.

Webmaster's Commentary: 

Actually, Greece needs to sue Goldman Sachs out of existence!

Apr 22 21:37

US Rules Out Removing Its Nukes From Europe

Despite increased calls from European officials to remove them, the United States today ruled out moving its hundreds of “battlefield nukes” from Europe, insisting that they must remain to ensure that Europe shares the “nuclear risks and responsibilities.”

Apr 20 12:06

POLAND: TRIUMPH AND TRAGEDY

The crash on 10 April of an airliner carrying Poland’s president, Lech Kaczynski, his wife and 94 of the nation’s political, military and economic leaders, was a heart-rending tragedy.

But for Poles, tragedy is a constant. Poland’s epic, thousand-year history has always alternated between extremes of tragedy and triumph.

The accident was especially bitter because President Kaczynski and his delegation were flying into the Russian city of Smolensk to attend the 70th anniversary of the notorious Katyn massacre.

Apr 17 17:40

Volcanic invisible (?) plume of grit closes Euorpean airspace

Volcanic ash causes air traffic chaos in Europe
14:57, April 17, 2010
The volcano in southern Iceland's Eyjafjallajokull glacier sends ash into the air Friday, April 16, 2010. Thick drifts of volcanic ash blanketed parts of rural Iceland on Friday as a vast, invisible plume of grit drifted over Europe, emptying the skies of planes and sending hundreds of thousands in search of hotel rooms, train tickets or rental cars. (Xinhua/AFP Photo)
After at least nine countries announced the closure of airspaces as a preventive measure on Thursday, Switzerland on Friday announced the closure of its airspace as the ash cloud approached, the official Swissinfo.ch news website reported.

Apr 16 06:56

Morgan Stanley fears German exit from EMU

Morgan Stanley has warned that the Greek debt crisis is setting off a chain of events that may prompt German withdrawal from the eurozone, with grim implications for investors caught off-guard.

Webmaster's Commentary: 

And a major kneecapping for the globalists.

Apr 15 05:08

Britain turns into no fly zone due to volcanic ash cloud

British airspace has been turned into a no-fly zone as all flights from and to the UK were suspended due to a massive volcanic ash cloud caused by an eruption in Iceland.

Apr 14 12:30

Cache less society have a look at crime.


The head of the Swedish Work Environment Authority (Arbetsmiljöverket) has raised the prospect of a ban on cash in Sweden's retail stores to help tackle the growing problem of robbery.

Same old script... Problem, action, solution.
At the same time here in sweden the crime is at a record low. But that wont stop the state own TV to send a documentary about how cache drives crimes and criminals. Do you also feel the foul smell of a coordinated PR drive?
But no one talks about the growing problem of robbery done by the government.

Apr 13 11:33

Did The Fed Just (Surreptitiously) Bail Out Europe?

Apr 10 08:25

Global Markets Giving Three More Warning Signals for the Euro

It’s been two weeks since the bailout speculation surrounding the Achilles’ heel of the euro zone, Greece, has had some closure.

European officials kept the balls in the air as long as they could in an attempt to distract speculators … to manage fears of a Greek and euro-zone crisis. It was a carefully orchestrated game of confusion.

The objective of the game: Tamp down negative sentiment toward Greece’s debt problems and the potential knock-on effect of other weak euro nations, and the resulting selling pressure against the shared currency of those nations — the euro.

Apr 06 15:58

Israel and the question of legitimacy

As the world wakes up to the reality of the colonial implant in the Middle East known as Israel, the hitherto unthinkable question of that implant’s legitimacy is on more people’s lips than ever before.

Thanks to the internet, which is allowing a growing number of ordinary people to learn the truth about Israel, and thanks to the brutality and barbarousness of the Zionist entity itself, the previously taboo question of how an essentially illegitimate and lawless rogue state came to acquire so much power and support in the United Stated and in the former imperialist powers of Europe is begging to be answered.

Apr 06 07:09

Why Greece Will Default

Bottom line: The EU may continue to throw sweet nothing kisses (and maybe some pocket money)to Greece, but the financial end is near. Greece may survive a year, until the intrest rate paymnets swallow the country up, but it may only have hours if traders say, "enough".

Mar 30 11:36

Europe unlikely to join any new yuan offensive

If Washington picks a fight with China over the weakness of the state-managed currency, it will do so without European reinforcement, not least because the euro has weakened in tandem with Greece's debt crisis.

Mar 30 10:14

Nicolas Sarkozy and wife Carla arrive in New York

Amid blogger reports of strains in their marriage, Mr Sarkozy and his former supermodel wife made every effort to appear the happy couple, walking closely together and clasping hands as they mounted a staircase into an auditorium packed with students, faculty and other spectators.

The French first lady, elegant in a swept-up chignon and form-fitting black top with grey skirt, at times threatened to upstage her husband, who scolded his American hosts about health care and for not paying enough attention to the rest of the world.

Mar 29 10:03

How the European Parliament is spending your taxes

Here are highlights of the draft budget proposed by the European Parliament for its own building programme:

* €40 million for new office space in Brussels to accommodate the 150 new staff members and 66 contract staff
* €586 million to renovate and extend the European Parliament building in Luxembourg (you didn’t know that the European Parliament had a building in Luxembourg as well as Brussels and Strasbourg, did you?)
* €80 million to provide an additional office for each MEP for the accommodation of a third or fourth assistant
* €10 million for a second creche in Brussels
* €20 million for a “House of European History”

Mar 29 07:44

New EU Gestapo Spies On Britons

MILLIONS of Britons face being snooped on by a new European intelligence agency which has been handed frightening powers to pry into our lives.

Europol can access personal information on anyone – including their political opinions and sexual preferences – if it suspects, rightly or wrongly, that they may be involved in any “preparatory act” which could lead to criminal activity.

The vagueness of the Hague-based force’s remit sparked furious protests yesterday with critics warning that the EU snoopers threaten our right to free speech.

Mar 27 06:16

CIA paper reveals plans to manipulate European opinion on Afghanistan

Out-of-the-box' CIA think tank proposes concerns over women's rights, fear of terrorism as ways to boost support for Afghan war

Evidently spooked by the collapse of the Dutch government over the country's involvement in Afghanistan, the CIA has put together a strategy proposal to prevent what it fears could be a "precipitous" collapse of support for the war in Afghanistan among European allies.

A document marked "confidential / not for foreign eyes," posted to the Wikileaks Web site, suggests strategies to manipulate European public opinion on the war, particularly in France and Germany.

Mar 26 07:20

EU draws up plans for single 'economic government' to prevent crisis

They have put Herman Van Rompuy, the EU President, in charge of a special task force to examine "all options possible" to prevent another crisis like the one caused by the Greek meltdown.

His mission will be to draw up a master-plan for the best way to oversee and enforce economic targets set in Brussels as a key part of a bail-out package for Greece.

The options he will consider include the creation of an "economic government" by the by the end of the year.

Mar 25 14:28

EU must die: Farage on Euro plunge, Wilders ban and slagging the president

The collapse of the Euro would benefit the European economy. That's the view of Nigel Farage, a British politician and former leader of the United Kingdom Independence Party. He also claims that immigration in the UK is out of control. He shared his views with RT's Laura Emmett - that's coming up next.

Mar 24 16:32

U.S. Is Riskier Than Euro Zone; So Says CDS Market

Something troubling has occurred in the market for default protection on the debt of the world's biggest borrower.

As the folks at Standard Poor's Valuation and Risk Strategies division noted in a research note Monday, the difference between the spread on U.S. sovereign credit default swaps and an equivalent benchmark for AAA-rated euro-zone sovereigns flipped into positive territory March 12. As U.S. CDS spreads expanded to their widest levels in two years, that cross-region gap blew out to 5.7 basis points last Friday before narrowing to 4.7 Tuesday.

Mar 23 07:45

How Sovereign is Europe? Washington has Murdered Privacy Rights at Home And Abroad

The American sheeple quietly accepted the complete destruction of their right to privacy. Encouraged by success in smiting the American people, Washington has now destroyed the privacy of Europeans.

Indeed, the "freedom and democracy" government spies on the entire world and sends drones into foreign countries to murder people disapproved by Washington.

Washington denounces other governments for human rights violations while itself violating human rights every day.

Washington puts foreign leaders on trial for war crimes, while committing war crimes every day.

What happens when the dollar goes and Washington no longer has the money to bribe compliance with its demands? When that day arrives, freedom will reemerge.

Mar 20 07:23

Greece - Bomb hits Pakistani leader's home in Athens

A bomb has exploded outside the home of a Pakistani community leader in the Greek capital Athens - the second blast in the area in less than 24 hours.

Mar 20 07:17

Next Leg for the Euro: Down

In the first act of the euro-zone sovereign debt shock, shaky Greek government finances exposed the structural flaws of the euro. And as the lens of scrutiny widened, the potential domino effect of weak euro-zone countries combined to represent a viable threat to the future existence of the euro.

Mar 19 16:32

Markets spooked as Greek rescue plan crumbles

Europe’s rescue plan for Greece appears to be crumbling after the country threatened to call in the International Monetary Fund unless Brussels comes up with real money on acceptable terms within a week.

Mar 19 16:19

Markets spooked as Greek rescue plan crumbles

Europe’s rescue plan for Greece appears to be crumbling after the country threatened to call in the International Monetary Fund unless Brussels comes up with real money on acceptable terms within a week.

Mar 19 10:19

Latvia government collapses amid economic crisis

Latvia's coalition government has collapsed after failing to tackle a crippling economic crisis.

Webmaster's Commentary: 

How many more governments will have to collapse before the United Nations steps in and offers to set up a new global financial system "for our own good."

After all, the other two pillars on which the UN hoped to build a foundation for global dictatorship, the global pandemic and global warming, have both collapsed. Global financial melt-down is the only card they have left to play!

Mar 19 08:55

EU MEDDLING WITH HEALTH FOOD STORES PUTS 4,000 JOBS AT RISK

Mar 19 08:52

Silvio Berlusconi caught out trying to stifle media

Wiretaps of Silvio Berlusconi haranguing a broadcasting official over what he saw as politically hostile programming have prompted new criticism of the Italian premier for attempting to stifle the media.

Mar 19 08:00

Douglas Christie: Thoughts on the Release of Ernst Zündel

Mar 18 09:50

Judge orders banks to trial over Milan bond deals

A judge in Milan ordered banks JPMorgan, Deutsche Bank, Depfa, UBS and 13 people to stand trial for alleged fraud in the sale of derivative instruments, the prosecutor told AFP on Wednesday.

Mar 18 09:39

Should the EU subsidise Israeli security?

The inclusion of Israel in the European Security Research Programme undermines the EU's commitment to even-handedness in the Middle East.

Mar 17 14:58

Greek police brutality against photographers

Flickr photos from march 10.

Mar 17 11:04

Euro Crisis - Latvia And The PIGS

Two million people took to the streets of Athens last week in the country's second general strike this month, protesting the austerity measures proposed by their socialist government. All of Greece came to a 24-hour standstill and the airport was closed as a result of the action. The only public transport was the commuter train so that protesters could reach the demonstration.

Mar 16 18:41

EU money spent on skiing trips and 'TV propaganda'

The European Parliament has come under fire for spending millions of pounds of taxpayers' money on a "propaganda" television service, ski trips and language lessons for staff.

Mar 16 07:12

UK taxpayer 'WILL pay tens of billions of euros for Greek rescue'

The UK taxpayer could still end up forking out for the bailout of debt-stricken Greece despite Treasury assurances, politicians warned last night.

The fears come as eurozone finance ministers are today expected to discuss a package of aid worth tens of billions of euros for the ailing country.

Philip Davies, Tory MP for Shipley, last night said it would be 'unacceptable' for UK taxpayers to be asked to pay any money to help Athens.

Mar 15 08:13

Survey: 31% of Europeans blame economic crisis on Jews

Anti-Defamation League poll conducted in seven European countries shows almost half of Europeans believe Jews more loyal to Israel than countries they live in, 40% say Jews have too much power.

Webmaster's Commentary: 

Anti-Semitism is hating Jews just because they are Jews. And that is indeed wrong, just as it is wrong to hate Blacks just for being Blacks, or the French for being French.

But it is perfectly correct to hate people who do hateful things. I am certain that the thousands of people whose lives were ruined by Bernie Madoff-with-the-loot hate him, and his race has nothing to do with it. It is his ACTIONS that are the issue. And the actions of all people are judged by all other people. Nobody should be above criticism for their actions simply because they are Jewish or support Israel!

Likewise, it is Israel's ACTIONS, in particular the continuing theft of Palestinian lands, that are the source of negative publicity about Israel. If Israel were to draw its borders like any other nation and live within them, most of the problems in the Mideast would vanish. If Israel would grant to the Palestinians the same right to exist Israel demands for itself, most of the problems in the Mideast would vanish. Criticism of Israel is not based on their race or religion but on a continuing attitude that the rules under which other nations live do not and should not apply to Israel. Case in point; Israel's nuclear arsenal, which Israel will not allow the IAEA to inspect. Israel also refuses to sign the Nuclear Non-Proliferation Treaty, yet Israel is always the first to point accusing (and wrong) fingers at other nations developing power plants such as Iraq and Iran and on the case of the former, to bomb them. Any nation that acts is such a belligerent fashion, regardless of their religion or race, is deserving of sharp criticism from the rest of the world.

Dismissing the actions of people like Bernie Madoff as hate for the Jews makes as much sense as dismissing the actions of people like Adolf Hitler as hate for the Germans!

Mar 15 07:49

The GM war in Europe starts here

Brussels bureaucrats want to spread GM crops throughout Europe, against the will of most of its people, says Geoffrey Lean.

Not just a spud, this is likely to prove a very hot political potato indeed. It is living, knobbly proof of the determination of Brussels bureaucrats to spread GM crops throughout Europe, against the will of most of its people.

Mar 14 18:47

Bailout deal for Greece? Just rumors!!!

It looks like these FALSE RUMORS of a bailout are being driven by speculators - and particularly Goldman Sachs - in an effort to PROP UP THE EURO against the US dollar. Greece has said they don’t want or need a bailout. Germany has said that Greece needs to take care of its own problems and Germany won’t jump in and give them any money. Nothing has changed in the positions of Greece or Germany throughout this whole matter.

Mar 14 16:48

Anti-Semitism – Zionist myth vs truth and reality

Alan Hart views the myth and reality of anti-Semitism and argues that the myth, created and propagated by Israel and Zionism, is the single biggest potential threat to Jews the world over.

Mar 14 10:32

Anti-Berlusconi strike paralyzes Italy

Italy has been hit by a nationwide worker strike following a call by the country's largest trade union, which has protested at Rome's economic and immigration policies.

Webmaster's Commentary: 

DON'T FORGET THE NATIONAL STRIKE HERE IN THE US APRIL 15-TH THROUGH APRIL 18TH (Tomorrow is a dress rehearsal for those who can make it!)

Mar 14 05:29

Iceland, the Mouse that Roared

We as a society need to start producing again. We need to start competing with others who wish to produce. This is how wealth is created. The more wealth we create, the more prosperous we all become. For a few decades now, we have tried to maintain our lifestyles with a service economy. It didn´t work. Now the economy is collapsing worldwide. Now the banks are hoarding that which they created and are trying to claim the real wealth that should be owned by private sovereigns. We need to ask ourselves, can we be proactive and stop this before we wake up and find ourselves in the same boat as Iceland? If not, will we simply say no and refuse to pay as they did, or will we allow our society to break down and resort to violence as the Greeks?

Mar 13 07:04

Call girl ring ‘of 350 women’ linked to alleged corruption over Rome G8 contracts

A prostitution ring linked to alleged corruption in the awarding of public works contracts for the G8 summit in Italy involved as many as 350 women, investigating magistrates said yesterday.

The apparent scale of the “sex for favours” affair, which was previously said to involve three or four women, is a further blow to the centre-Right Government of Silvio Berlusconi.

Mar 12 09:06

Greece rocked by riots as up to 60,000 people take to streets to protest against government

Street clashes broke out between rioting youths and police in central Athens today as tens of thousands demonstrated during a nationwide strike against the cash-strapped government.

Mar 12 06:05

Israeli historian: Israel could find itself forced to wipe out Europe

“We have hundreds of nuclear warheads and missiles that can reach different targets in the heart of the European continent, including beyond the borders of Rome, the Italian capital,” Karfeld said, adding that most of the European capitals would become preferred targets for the Israeli air force.

The Israeli historian reiterated Israel’s ability to destroy the whole world whenever it felt its existence would be doomed to extinction.

Mar 11 11:32

CIA got town high on LSD, says writer

I n 1951, a quiet, picturesque village in southern France was suddenly and mysteriously struck down with mass insanity and hallucinations. At least five people died, dozens were committed to asylums and hundreds afflicted.

Mar 10 14:20

The Icelandic People Scored a Victory in the Struggle for Democracy

Until the last minute the government had tried to discourage the voters from voting. The Prime Minister and the Minister of Finance both said they would not participate in the referendum. They saw it as a “waste of money” and a “farce”.
This disregard for the very people who had put them into office angered just about everybody who is the slightest bit interested in politics here.

Mar 10 11:47

Riots in Athens as thousands protest against cutbacks

Mar 08 19:01

Afghanistan: NATO's Graveyard? Is the Transatlantic Alliance Doomed?

Celebrating its 60th birthday this year, NATO is looking peaked and significantly worse for wear. Aggressive and ineffectual, the organization shows signs of premature senility. Despite the smiles and reassuring rhetoric at its annual summits, its internal politics have become fractious to the point of dysfunction. Perhaps like any sexagenarian in this age of health-care crises and economic malaise, the transatlantic alliance is simply anxious about its future.

Frankly, it should be.

Mar 08 18:05

GREEK POLICE TURN ON THE GOVERNMENT???????

In Athens, Greek Ministry of Internal Affairs officers stormed the state printing office. It is reported by TV channel "Russia 24".

Greek police want to prevent the publication of government paper with the text of the law of the new stringent economy measures of the federal budget. According to the law of the country, passed a law can come into force only after publication in the official newspaper of the Government of Greece.

The bill, which caused such a reaction, provides a significant reduction in salaries, bonuses and holiday pay, the growth of other taxes and excise taxes.

Mar 08 15:01

Is Europe planning seal of approval for Israeli settlers?

Jonathan Cook reports that the Organization for Economic Cooperation and Development is set to accept Israel as a member – thus conferring legitimacy on its illegal occupation of Arab lands – despite Israel’s failure to meet a number of OECD criteria, including on corruption, copyright and wealth disparity.

Mar 08 09:09

UK promises flexibility after Iceland shouts 'no'

Britain is "prepared to be flexible" to reach a deal with Iceland over the £2.3bn debt owed since the collapse of the online savings bank Icesave, the Chancellor, Alistair Darling, said yesterday.

Webmaster's Commentary: 

Britain is trying to make nice here because they realize that if the people of Iceland flat-out refuse to cover the bank losses there is little that Britain can do. Under the legal principle of Odious Debt, the people of Iceland are only obligated for debts incurred by the government for the betterment of the people of Iceland, such as schools, hospitals, and civil infrastructure. Clearly, saving a private corporation from their own reckless folly does not fall into that category!

Yes, Britain could invade and easily take control of Iceland, but the political costs of such an invasion would be high. Gone forever would be the myth that modern wars are fought for high ideals like freedom and democracy. An invasion of Iceland would show to all the world that Britain had returned to the days of enslavement by military force.

Mar 08 08:59

'We will not offer Greece a cent': German economy minister deals hammer blow to Athens as rioters attack police on the streets

It could almost be a battle from Greece's ancient past - a melee of fighting at close quarters with shields, raised weapons and flags.

But this was the scene in Athens yesterday as riot police clashed with protesters outraged by cutbacks designed to slash the country's huge budget deficit.

The violence came as Germany ruled out offering Greece 'a cent' of financial aid, insisting it should sort out it own problems.

Webmaster's Commentary: 

The European Union turned out to be nothing more then a larger scale looting of the people. And now that the Greeks and Icelanders have decided they no longer want to be looted, this could tear the EU apart.

Mar 08 05:34

First Iceland, then the World

Who cleans up the mess when ignorant, greedy bankers rack up massive debt then go broke? The people of Iceland made a strong statement Saturday. The sins of big bankers and government regulators shouldn't fall on the citizens. By a 93% to 2% margin, they voted down a proposal requiring them to cover bad debt incurred by one of the nation's oldest and largest banks. Covering the debt would have cost Iceland's 317,000 citizens around $17,000 each.

Iceland's national referendum was the first opportunity for the people of any nation to vote directly on who pays when the financial elite fail.

Mar 07 11:48

Condition Red: More Hidden Greek Debt Exposure Discovered

Gordon Long, founder of a private venture-capital fund, said in an investor note that there is more than $600 trillion in notational value in the global derivative market, with $437 trillion of it tied to interest rate swaps.

Mar 07 11:36

Angry Iceland Voters Reject Plan To Repay Britain, Netherlands

Still furious over the crippling aftermath of the global financial crisis, Iceland's voters on Saturday resoundingly rejected a $5.3 billion plan to pay off Britain and the Netherlands for debts spawned by the collapse of an Icelandic Internet bank, according to initial results.

Results returned from around 83,500 ballots — or more than 40 percent of the total ballots expected — counted so far showed that 93 percent of voters said "no" in the referendum, compared to just 1.5 percent who said "yes."

Webmaster's Commentary: 

The Icelandic people understand something that our Congress does not. Banks are private businesses, and private businesses that make reckless and foolish mistakes deserve to go out of business and government has no moral right at all to loot the general population to save rich bankers from their own greed and folly.

Mar 06 11:56

EU Chief Vows To Run UK Economy From Brussels

EUROPE’S chief bureaucrat last night provoked fury after threatening to use the “full force” of the Lisbon Treaty to impose economic control over every EU nation.

European Commission President Jose Manuel Barroso claimed that financial stability was so critical that sweeping new powers were needed for Eurocrats in Brussels to meddle in the economies of all EU members.

Mar 06 07:50

'Israel Violates International Law With EU Complicity'

Things are worsening for Israel from moral and legal perspectives. In fact, one year after the Goldstone Report on its ‘war crimes’ during its war on Gaza and amidst growing suspicions of its direct responsibility in the assassination of a Palestinian leader in Dubai, an international court has now concluded that Israel is violating international law with Europe’s complicity.

Mar 05 19:28

EU considers general carbon tax

The European Commission is planning an EU-wide minimum tax on carbon as part of the EU's green energy agenda - but the UK opposes such a move.

The minimum tax would apply to fuel, natural gas and coal.

Mar 05 06:39

EU draws up plans for first direct tax with fuel levy

Proposals expected to be announced next month would give the EU its first funding which would not come from national governments.

Algirdas Semeta, the new European commissioner for taxation, is planning a "minimum rate of tax on carbon" across the whole EU as a "priority".

"In my estimation it is possible to start discussions," he told European Voice, a weekly Brussels newspaper. "There is currently the right momentum."

A similar proposal was considered so controversial that it was shelved without discussion five years ago.

Mar 05 03:24

When is it OK to call people Nazis? When they're Euro-sceptics

Nation-states have, over the years, been a pretty sturdy defence against totalitarian ideologies, whether fascism, Soviet Communism or jihadi fundamentalism. Rooted as it is in organic loyalties, the nation is a naturally democratic unit. This is not to say that all nation-states are liberal democracies; simply that ideologies which claim to be bigger than national allegiances can be dangerous. They can even lead, as Mr Verhofstadt really ought to know, to mass murder.

Mar 04 09:05

Mordechai Vanunu’s Nobel Stand

“He [Vanunu] has written letters to us this year and last year also, where he stated explicitly that he did not want to be a candidate for the Nobel Peace Prize. The reason he gave was that Simon Peres had received the Nobel Peace Prize, and Peres he alleged was the father of the Israeli atomic bomb and he did not want to be associated with Peres in any way.” – Geir Lundestad, Director of the Norwegian Nobel Institute and Secretary of the Norwegian Nobel Committee, 24 February 2010.

For the first time in the history of the Norwegian Nobel Committee, a preemptive request to withdraw a nomination—by the nominee—was made.

Mar 04 07:54

Gordon Brown Seeks To Change Law In Order To Further Support Israeli War Crimes

British Prime Minister Gordon Brown is defending his decision to change the law allowing private people to demand arrest warrants against foreign leaders and officers visiting Britain.

The government’s decision to change the law was made following an arrest warrant issued against Israeli Opposition Chairwoman Tzipi Livni, who was scheduled to visit London last year.

Mar 04 06:44

Greece should sell islands

'The Greek state must sell stakes in companies and also assets such as, for example, unpopulated islands,' Frank Schaeffler, a member of parliament for the pro-business Free Democrats, Merkel's coalition partner, told the Bild daily.

Webmaster's Commentary: 

"After all, those ultra-rich Wall Street CEOs need someplace to retire to with all their bailout trillions!"

Mar 03 07:37

Bailout 'would spark revolution'

A revolution will erupt if billions of euro more in taxpayers' money is handed over to Anglo Irish Bank, Enda Kenny has warned.

The Fine Gael leader said people can no longer tolerate massive public funding of the nationalised bank as it stands.

Webmaster's Commentary: 

A global revolution against the global banks. Now there is an idea!

Mar 02 08:34

Irish town criticised for snubbing Israeli ambassador

Irish Foreign Minister Micheal Martin has criticised an Irish town council's decision to remove a page signed by the Israeli ambassador from its guestbook.

Webmaster's Commentary: 

I guess the Irish Foreign Minister works for a foreign government!

Mar 02 08:14

The Fall of Greece

For Europe’s poorest countries, European Union membership has long held out the promise of tranquil prosperity. The current Greek financial crisis ought to dispel some of their illusions.

There are two strikingly significant levels to the current crisis. While primarily economic, the European Economic Community also claims to be a community, based on solidarity -- the sisterhood of nations and brotherhood of peoples. However, the economic deficit is nothing compared to the human deficit it exposes.

Webmaster's Commentary: 

In other words, as long as the member states of the EU were cash cows, the EU welcomed the, but now that hard times have hit, the favor is not to be returned!

Mar 01 10:12

One in four Germans wants microchip under skin: poll

HANOVER, Germany — It sounds like something from a sci-fi film, but one in four Germans would be happy to have a microchip implanted in their body if they derived concrete benefits from it, a poll Monday showed.

Mar 01 07:21

A Majority of the German Population want Soldiers to Pull Out of Afghanistan: Germany's Left Party Expelled from Bundestag

Germany's Left Party was expelled from the Bundestag yesterday after its members held up signs bearing the names of Afghan civilians killed in a German-ordered airstrike last September.

The protest came in the middle of a parliamentary debate on extending Germany’s nine-year military mission to Afghanistan by a further year.

Some 429 MPs voted for and 111 against the new mandate – 16 fewer votes in favour than last time – allowing troop numbers to be increased by 850 to 5,350.

The opposition Green Party abstained and, after being re-admitted, the Left Party MPs contributed to the 111 votes against the mandate.

Feb 28 14:05

America and world economic meltdown: the mystery of the Afghanistan war

Christopher King argues that “a situation exists in which it may be in the interests of the United States to seek a ‘cold war’ situation with Russia and China as a pretext for defaulting on its external debt, attacking Iran, taking direct control of all Middle Eastern oilfields and effective control of Europe”.

Feb 28 10:17

DE FACTO RECOGNITION OF PALESTINE

Products from Israeli settlements on occupied territory do not qualify for preferential trade treatment under Israel’s trade agreement with the European Community, says European Court of Justice.

Based on the fact that Jewish settlements in the West Bank are illegal under international law, the European Court of Justice ruled on Thursday that products from Israeli settlements in the occupied West Bank are not to be regarded as Made in Israel. Therefore, they cannot qualify for falling under the trade agreement between the European Community and Israel, which normally allows Israeli products to be imported into the Euro-zone free of import duties.

Webmaster's Commentary: 

Time to ask why Israel gets to avoid the taxes everyone else has to pay.

Is this the same in every country?

Feb 28 09:37

War in the EU as Herman Van Rompuy makes 'power grab'

Open warfare has broken out at the top of the European Union with governments accusing the new president, Herman Van Rompuy, of making a power grab.

Feb 26 08:00

Trade war breaks out as Merkel admits euro 'is in a difficult situation'

A Greek consumer group has called for a boycott of German goods as a festering row between the two countries over the euro grows.

Greece's Consumer Institute demanded Germany admit 'we are no crooks' after a German magazine blasted the country as 'cheats'.

The new trade war came as Angela Merkel admitted the euro is in 'a difficult situation' for the first time.

Feb 25 19:58

Euro in danger as the Greek crisis deepens and Merkel admits currency is at risk

Greece's debt crisis has plunged the euro into a ‘ difficult situation’, the German Chancellor Angela Merkel admitted last night, prompting fresh fears about the collapse of the single currency.

In the gravest sign yet of the international threat posed by Greece’s crippled economy, Mrs Merkel warned for the first time that the eurozone faces a ‘ dangerous’ period.

Feb 25 09:26

Greek rescue in danger as deputy prime minister attacks 'Nazi' Germany

Greece has greatly damaged its chances of an EU bail-out by lashing out at Germany over war-time atrocities and accusing Italy of cooking its books to hide public debt.

Feb 24 10:04

Greek Police, Protesters Clash in Nationwide Strike

Greek police fired tear-gas and clashed with demonstrators in central Athens after a march organized by unions to oppose Prime Minister George Papandreou’s drive to cut the European Union’s biggest budget deficit.

Feb 24 08:09

Greece leads Europe's winter of discontent

A wave of industrial and social unrest is building across Europe as workers resist attempts by governments and private companies to impose austerity policies, drive down wages and rescue some nations from near-bankruptcy.

Feb 24 08:06

Spain, spooks and the phantom anti-euro conspirators

I take very seriously the argument that IMF financial assistance for Greece would plant suspicions in the minds of investors around the world about the long-term viability of European monetary union. If emergency aid were essential, it would not be difficult for Germany, France and other eurozone countries to provide the required amount, which is generally estimated to be about €20bn. To turn to the IMF would raise doubts that the very foundations of European monetary union were built on sand.

Feb 24 08:04

Spain engulfed by pension protests

Spain's debt-laden Socialist government has witnessed the first mass protests by unions in its six years in power as anger over a plan to raise the retirement age spilled onto the streets.

The UGT and the CCOO, the country's two largest unions, called for Tuesday's demonstrations against the reform in several major cities, including Madrid, Barcelona and Valencia.

Further demonstrations are planned in the rest of the country up until March 6 against the plan, announced last month, to raise the legal retirement age from 65 to 67.

Webmaster's Commentary: 

This is amazing. The Spanish raise the retirement age by two years and the Spanish people are in the streets, yet here in the US, the talk is of raising the retirement age to 75, the Federal Government has looted and spent the Baby-Boomers' Social Security money, is pushing to end Social Security entirely, and the American people sit at home and wait for the next "American Idol."

Someone needs to start testing the tap water for tranquilizers.

Feb 24 07:31

Three Google executives convicted after allowing video of autistic boy being abused to be posted online

Three Google executives were convicted of privacy violations today in allowing a video of a boy with autism being abused to be posted online.

Italian Judge Oscar Magi sentenced the three to a six-month suspended sentence in a case that has set a new precedent for internet freedom.

Google called the decision 'astonishing' and said it would appeal.

'The judge has decided I'm primarily responsible for the actions of some teenagers who uploaded a reprehensible video to Google video,' Google's global privacy counsel Peter Fleischer, who was convicted in absentia, said in a statement.

Feb 23 20:49

The IMF Destroys Iceland and Latvia

The International Monetary Fund operates primarily as a banker bailout machine. They cajole and tempt and confuse and threaten the leaders of governments worldwide to pay off the failed bets of the big bankers using the taxpayer funds of their countries. This has been going on a long time, at least since the early 1980s.

Feb 23 08:03

Fear of Mediterranean Contagion Grows

The deep economic, fiscal, and trade crises of several Mediterranean countries in the euro zone that is threatening monetary stability in Europe with the possibility of contagion spreading to developing countries, say studies.

Webmaster's Commentary: 

The problem with the reserve system of banking is that the moment that first federal Reserve note, or in this case Euro, goes into circulation, more money is owed to the bank system than is actually in existence. These legalized counterfeiting systems are all pyramid schemes, and globalization has synchronized the collapse of the pyramids all at the same time.

Feb 22 14:31

Soros: Use the PIIGS Crisis as an Opportunity to Put Additional One Government Controls over the EU

Master global puppeteer, billionaire oligarch George Soros, wants to be able to manipulate the entire EU in one fell swoop.

Feb 22 10:22

Head Of Greek Debt Office Replaced By Former Goldman Investment Banker

And so the tragicomic becomes surreal.

Feb 22 09:41

Ireland, Greece and leaving the euro

The economic travails of Ireland and Greece have provoked a debate on the wisdom of the two most vulnerable members of the infamous PIGS (Portugal, Ireland, Greece and Spain) grouping of Eurozone members, on leaving the euro.

Feb 21 09:02

Greek fuel supplies run dry as strike over harsh austerity measures bites

PETROL stations ran dry in Greece yesterday as a customs strike over government austerity measures began to bite.
Customs staff initially walked out for three days on Tuesday over salary freezes and cuts in bonuses.

But their union announced on Thursday three 48-hour rolling strikes that will keep customs offices shut until next Wednesday, when all workers are being asked to join a general strike.

Webmaster's Commentary: 

This could turn into a case study on how to handle the National Strike here in the US.

Feb 21 08:36

Credit markets flash hottest warning signal since crisis

European credit markets are flashing the most serious warnings signs in a year as the yields on risker bonds rise sharply and a string of companies cancel share flotations, raising fears that the recovery may falter in coming months.

Jitters over Chinese credit tightening and default risks in Greece and Dubai are causing bond vigilantes to batten down the hatches across the world, bringing the most dramatic credit rally for a century to a shuddering halt.

Feb 21 01:36

Dutch government falls over Afghanistan No comment from NATO chief

It is bad enough that the British, Dutch and other Europeans are suffering heavy casualties in following the aggressive adventures of the failed state that is the United States. The matter is much more serious and closer to home. I have said it before and will say it again: Europe and the UK must rid itself of American bases and those who support them, and form its own defence force independent of the United States. That is where economic and defence security lie.

Feb 20 15:07

Dutch government falls over Afghanistan: no comment from NATO chief

Christopher King expresses the hope that the fall of the Dutch government over participation in the US-led aggression in Afghanistan could be the start of a trend that will see Europe regain its independence from the USA.

Feb 20 08:21

Dutch troops to pull out of Afghanistan by the end of year after coalition falls

Dutch troops will almost certainly be withdrawn from Afghanistan this year following the collapse of the coalition government in The Hague.

The government fell because of a dispute between its main partners over how long its soldiers should stay in the war.

Feb 19 08:37

How your US taxes could be bailing out Greece

It sounds far-fetched but, as Dr. Ron Paul highlights in his weekly column, Americans have no insight into the operations of the Federal Reserve. Therefore, the Fed can covertly funnel US funds to wherever it decides. This could include, for example, Greece, as it inches ever closer to default.

Feb 17 19:42

FLASHBACK: GOLDMAN HIDING GREEK DEBT .... IN 2003

from Risk Magazine

In November 2001, the Greek finance ministry’s public debt division made a public statement about its debt management strategy. It acknowledged that its debt was a ‘critical macroeconomic parameter’, and pledged to reduce debt servicing costs by means that included ‘the extensive use of derivatives’. Apparently, this was not enough for Brussels. In February 2002, the European Commission pointed out future deficit forecasts by Greece relied ‘primarily’ on achieving reductions in interest costs. It called for Greece to reduce its ‘very high’ debt ratio, and to provide ‘more detailed information on financial operations’.

Although Greece’s public debt division points out that it uses 18 derivatives counterparties, there is no doubt that the division, which is headed by Christopher Sardelis, has a particularly close relationship with Goldman Sachs. Indeed, the account has been handled personally at Goldman Sachs by Antigone Loudiadis, the London-based European head of sales for the firm’s fixed-income, currencies and commodities unit. Highly respected by other dealers, Loudiadis has enjoyed a successful career at Goldman, joining the firm’s partnership committee and attaining her present position in 2000. According to sources, by early 2002, Loudiadis and her team put together a deal aimed at alleviating Greece’s problem of debt ratios and high interest costs.

Feb 17 15:53

The long arm of Israel must be amputated

Gilad Atzmon argues that, given the close relationship between the Israeli Prime Minister’s Office and the Mossad intelligence agency, Premier Binyamin Netanyahu must be held to account personally for the murder of a Hamas official in Dubai by Israeli Mossad agents travelling on cloned European passports.

Feb 17 15:27

Italy's Government Seeks Control Over Online Videos

Italy's government is drafting a decree that would give it control over online video content.

In a country where Internet usage is still relatively small, the measure is seen as an attempt by Prime Minister Silvio Berlusconi to protect his TV empire from future competition from the freewheeling world of Google and YouTube.

Webmaster's Commentary: 

The Silicon Curtain descends over Italy!

Feb 17 13:13

Greek Ex-Minister: Other Euro Countries Did Swaps Too

Greece's 2001 deal to swap some of its debt using currency derivatives was in line with what other euro-zone countries were doing, Yiannos Papantoniou, the country's finance and economy minister when the deal was made, told CNBC.com Wednesday.

The transaction, intermediated by Goldman Sachs, involved exchanging about 2.8 billion euros ($3.8 billion) worth of bonds denominated in yen and US dollars — that would have generated substantial outflows in 2002 — into euros, maturing in 2019, Papantoniou explained.

"We took a loan that was to be repaid in 2019," he said in a telephone interview. "It was public. I know that what we've done then was consistent with what was done by many euro zone countries."

Webmaster's Commentary: 

So, Goldman Sachs was helping ALL the U conceal the true scale of their debts from their own people?

This IS going to turn into a global revolution.

Feb 17 09:45

Greece loses EU voting power in blow to sovereignty

The European Union has shown its righteous wrath by stripping Greece of its vote at a crucial meeting next month, the worst humiliation ever suffered by an EU member state.

Webmaster's Commentary: 

Do these idiots WANT riots?

Feb 17 08:16

Spanish Intelligence Probing Debt “Attacks”

Citing unnamed sources, El Pais said the National Intelligence Centre (CNI) was looking into “speculative attacks” on Spain following the Greek debt crisis.

Feb 17 08:07

The Hoi Polloi vs. Goldman Sachs

Greece is turning into a battle royal between the global financial elites and the average worker in the industrial West. This started out as a more limited struggle, pitting the finance ministers and central banks of the European Union against the Greek unions, but the fight has unexpectedly broadened with news of the surreptitious involvement of Goldman Sachs in helping Greece avoid borrowing constraints.

Another way to look at this is to ask yourself who knows how much has really been borrowed by various governments around the world?

Webmaster's Commentary: 

Goldman Sachs evades the rules, bets against their own clients, plunges corporations, states, and nations into debt, then blames the workers for not knowing their place when they complain about the poverty.

It's like when Bernie Madoff got arrested for swindling his clients for $65 billion and his wife blamed the Goyim for all their troubles.

Feb 16 09:11

Goldman Sachs Shorted Greek Debt After It Arranged Those Shady Swaps

Goldman Sachs arranged swaps that effectively allowed Greece to borrow 1 billion Euros without adding to its official public debt. While it arranged the swaps, Goldman also sought to buy insurance on Greek debt and engage in other trades to protect itself against the risk of a default on those swaps.

Feb 16 08:00

Goldman Sachs in new storm over secret deal to mask Greek debts

oldman Sachs struck a secret deal with Greece to help it mask its vast debts, it emerged yesterday.

The Wall Street giant is claimed to have reaped as much as £192million in fees by entering a complex currency transaction in 2001 that helped Athens borrow cash without putting it on the books as a loan.

The so-called 'swap' deal, while permitted under EU rules, helped Greece meet eurozone limits on government borrowing.

Webmaster's Commentary: 

That seems to be what Goldman Sachs is best at; getting around the rules.

Feb 15 08:43

Wall St. Helped to Mask Debt Fueling Europe’s Crisis

Wall Street tactics akin to the ones that fostered subprime mortgages in America have worsened the financial crisis shaking Greece and undermining the euro by enabling European governments to hide their mounting debts.

Feb 14 13:47

Greece turns on EU critics


Mr Papandreou blamed the European Commission for failing to crack down on the previous conservative government’s “criminal record” in falsifying statistics. “This has undermined the responsibility of the European institutions with international markets,” he said.


As USSR had to falsify the reality to be more like they wanted it to be.

Feb 13 08:05

Why the Eurosceptics were right all along

Thus, as the Eurosceptics warned, a single currency leads to loss of sovereignty, which sounds like an abstract idea until you get a crisis like this. It applies even to the more economically successful countries. If the eurozone is to survive, Germany may have to keep rates lower than it might wish, risking inflation. Eventually, like Greece, it will have to accept greater EU control over public spending levels. Neither country can run a wholly independent fiscal policy within the eurozone, any more than Cardiff or London can within the sterling zone.

You could argue that, with proper democratic controls, a single European treasury would be good for everybody. But the pro-Europeans never made that argument, preferring to insist that the loss of sovereignty was an illusion.

Webmaster's Commentary: 

The same arguments being used to sell the idea of a global government, I might point out!

Feb 12 17:16

Collapse of the euro is 'inevitable': Bailing out the Greek economy futile, says FRENCH banking chief

The European single currency is facing an 'inevitable break-up' a leading French bank claimed yesterday.

Strategists at Paris-based Société Générale said that any bailout of the stricken Greek economy would only provide 'sticking plasters' to cover the deep- seated flaws in the eurozone bloc.

Feb 12 13:47

Euro zone GDP recovery falters, bumpy road ahead

The euro zone's economic recovery lost steam in the final quarter of last year as gross domestic product barely expanded, with France the only one of the currency area's four biggest economies to post growth.

Feb 12 13:20

Angela Merkel dashes Greek hopes of rescue bid

Angela Merkel, the German chancellor, mounted stiff resistance tonight to any swift bailout of Greece, as a rift opened up between European capitals over how best to tackle the risks posed to the euro.

Webmaster's Commentary: 

WATCH THIS CLOSELY, BECAUSE THE RESERVE BANKING SYSTEM BASED ON THE EURO IS JUST A SMALL SCALE EXAMPLE OF WHAT THE UN WANTS TO IMPOSE AS A GLOBAL CURRENCY.

Feb 12 11:36

Euro continues to fall as EU fails to agree Greece rescue plan

Feb 12 11:05

Euro Area Headed for Breakup, SocGen’s Edwards Says

Southern European countries are trapped in an overvalued currency and suffocated by low competitiveness, a situation that will lead to the breakup of the euro bloc, according to Societe Generale SA’s top-ranked strategist Albert Edwards.

Webmaster's Commentary: 

You know, maybe this huge government thing isn't such a great idea after all.

Feb 12 07:36

European Union denies US snoops access to electronic banking data

A U.S. push to legally access data generated by Europe's electronic banking activity has been rebuffed by EU lawmakers in a vote of parliament, according to published reports.

Though U.S. snoops have been allowed to access data through the Society for Worldwide Interbank Financial Telecommunication (Swift) since the beginning of February on the basis of a provisional security agreement, "Liberal, Socialist and Green euro-MPs" were successful in vetoing the deal, Euronews reported.

Feb 12 05:07

Greece is NWO Test Ground, Says Greek Reader

This government will ban transactions in cash over 1500 euros, in order to make all of us have credit cards. The obvious first step is to ban all cash transactions, then merge this new ID card with the credit system, then, well.... insert this merged ID card into our bodies...

Feb 11 05:49

Franco-German bailout of Athens expected to avert euro collapse

Webmaster's Commentary: 

Globalism faw down go boom!

Feb 10 06:48

Greece hit by nationwide strike over austerity measures

Public sector workers in Greece have launched a national strike, with thousands rallying against the government's budget-cutting measures.

Feb 09 12:24

The Bankrupt PIGS of Europe

They are called the PIGS—Portugal, Ireland, Greece, Spain. What they have in common is that all are facing deficits and debts that could bring on national defaults and break up the European Union.

Feb 09 08:51

Winter weather in Europe: deep snow in Romania, ice in Germany, avalanche in Switzerland

Winter weather in Europe: deep snow in Romania, ice in Germany, avalanche in Switzerland
Snow-covered cars are seen on a street in Bucharest. Heavy snow caused traffic chaos in Bulgaria and Romania, closing major highway links, delaying flights and trains and cutting off electricity

Feb 07 09:05

All Hell Could Beak Loose in Europe This Week; CDS Counter-Party Risks Again

Feb 06 08:34

Shares tumble and pound plummets as crisis looms for the Eurozone

Stock markets tumbled worldwide yesterday amid fears that crippling debt levels in southern Europe could destabilise the euro and derail economic recovery.

Portugal and Spain became the latest Eurozone countries to cause a panic among investors, as economists cast doubt on their ability to control their national debt.

With Greece already expected to need a bail-out of up to £16billion from the European Central Bank, there are real concerns that the Eurozone may become unviable in its present form.

Feb 05 12:17

Fears of 'Lehman-style' tsunami as crisis hits Spain and Portugal

The Greek debt crisis has spread to Spain and Portugal in a dangerous escalation as global markets test whether Europe is willing to shore up monetary union with muscle rather than mere words.

Feb 05 09:51

Greece faces barrage of strikes over austerity package

A Greek belt-tightening package ran into trouble Thursday as the country's top trade union announced a giant strike amid fears that the eurozone crisis could deepen with Spain and Portugal's rising debt.

Feb 05 08:59

Warning of Greek crisis spreading across EU

THE Greek debt crisis has spread to Spain and Portugal in a dangerous escalation as global markets test whether Europe is willing to shore up monetary union with muscle rather than mere words.

Julian Callow from Barclays Capital said the European Union might need to invoke emergency treaty powers to halt the contagion by issuing an EU guarantee for Greek debt. "If not contained, this could result in a 'Lehman-style' tsunami spreading across much of the EU," he said.

Credit default swaps measuring bankruptcy risk on Portuguese debt surged 28 basis points on Thursday to a record 222 on reports that Jose Socrates was about to resign as prime minister after failing to secure enough votes in parliament to carry out austerity measures.

Feb 04 08:26

Pro-Israel Lobbies Work on Europe

Defenders of Israel’s aggressive stance have for many years been recognised as a powerful force shaping United States foreign policy. A less well-known fact is that the pro-Israel lobby has been making a concerted effort to strengthen its presence in Europe.

Webmaster's Commentary: 

Europe needs to learn from the US' mistake before it is too late!

Jan 29 16:08

Is the EU planning an 'Athens bail-out'? Officials 'consider last resort' amid fears weak Greece could drag down euro zone

The EU may be planning an emergency rescue plan for Greece after a leading German politician warned the 'dangerous weakness' of some EU states could threaten the entire euro zone.

Jan 27 01:27

Norway Pays Bitter Price for Mass Third World Immigration

The NRK report concluded that “not a single one of the offenders had a Western background. Four people have been arrested. In all other cases, the victims reported that the offenders either looked like non-Western immigrants, or they spoke a non-Western language. Not a single case has been connected to a Western man.”

According to official figures released in 2008, Third World immigration accounted for 25 percent of Oslo’s population. Data from the city and state statistics bureau shows that of Oslo’s 560,484 residents, 137,878 were immigrants.

The largest single immigrant group continues to be from Pakistan. Next in line is Somalia. Other countries with relatively large immigrant groups in Oslo include Sri Lanka, Iraq, Turkey, Vietnam and Iran.

Jan 22 14:52

ECB prepares legal grounds for euro rupture as Greece festers

Webmaster's Commentary: 

Is the EU starting to fragment?

Did the global warmistas, swine floozies, and madoff-with-the-looters set up the fall of nations to pave the way for a global government which may not materialize at all?

A new Dark Ages?

Jan 21 08:07

ECB prepares legal ground for euro rupture as Greek crisis escalates

Fears of a euro break-up have reached the point where the European Central Bank feels compelled to issue a legal analysis of what would happen if a country tried to leave monetary union.

Webmaster's Commentary: 

UPDATE: This story just got yanked by the Telegraph with no explanation. The text is still HERE, however.

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