EUROPE | WHAT REALLY HAPPENED


EUROPE

Oct 07 10:55

Poland urges NATO to push ahead with missle shield

Poland on Monday urged NATO's new secretary general to push ahead with a missile shield system amid the West's worst standoff with Russia since the Cold War.

"We firmly support the creation of this (missile shield) system as a pan-NATO one because only this makes deep sense both politically and in terms of defence," Poland's President Bronislaw Komorowski said at a joint press conference with NATO Secretary General Jens Stoltenberg.

The Western defence alliance insists the role of the planned shield is a "purely defensive" response to external threats, notably from so-called "rogue states", and is in no way directed against Russia.

But Moscow has taken a dim view of the project, seeing it as a security threat on its very doorstep.

The escalation of tensions with Russia since January over its role in the Ukraine crisis has sounded the alarm on NATO's eastern flank in countries that were under Moscow's thumb during the Soviet era.

Webmaster's Commentary: 

Excuse me, but WHAT Russian "...role in the Ukraine crisis..." are we talking about here?!?

The duly elected government of Ukraine was overthrown in a Western, ECB, EU, US-manufactured putsch, and thrown under a bus, at a cost of over 5 billion US dollars (while homeless Vets sleep in our streets, and US infrastructure crumbles.) As reported at hangthebankers.com in February of 2014:

The problem that has arisen between the US and EU with regard to Ukraine is that Europeans have realized that the takeover of Ukraine is a direct threat to Russia, which can cut Europe off from oil and natural gas, and if there is war completely destroy Europe. Consequently, the EU became willing to stop provoking the Ukraine protests. The response of the neoconservative, Victoria Nuland, appointed Assistant Secretary of State by the duplicitous Obama, was “fuck the EU,” as she proceeded to describe the members of the Ukraine government that Washington tended to impose on a people so unaware as to believe that they are achieving independence by rushing into Washington’s arms. I once thought that no population could be as unaware as the US population. But I was wrong. Western Ukrainians are more unaware than Americans. The orchestration of the “crisis” in Ukraine is easy. The neoconservative Assistant Secretary of State Victoria Nuland told the National Press Club in Washington on December 13, 2013, that the US has “invested” $5 billion in agitation in Ukraine. http://www.informationclearinghouse.info/article37599.htm The crisis essentially resides in western Ukraine where romantic ideas about Russian oppression are strong and the population is less Russian than in the eastern Ukraine.

After this happened, Crimea, in what was considered a free and fair election, with observers, decided to join the Russian Federation.

Russia has done nothing wrong here.

What the EU and US here has been wrong, period, end of discussion.

Oct 07 07:14

Ebola Contracted in Madrid Hospital Could Spread in Europe

A Spanish nurse treating Ebola patients in one of Madrid’s best hospitals came down with the disease – and exhibited symptoms for days before seeking treatment.

Oct 07 06:50

Europe's Triple-Dip Recession Arrives: German Industrial Production Crashes Most Since February 2009

Yesterday it was German manufacturing orders which cratered 5.7% in August following a freak, 4.9% rebound in July, prompting Goldman to warn that "the underlying dynamic has weakened further at the end of Q3" ...

... And then a few hours ago we finally got undeniable confirmation that Europe is once again in recession, its third since Lehman, only this one is worse: it is led by the "core" countries, with Germany in the forefront, a Germany which just reported industrial output which suffered its biggest monthly decline in more than five years in August.

Oct 06 12:49

NATO Does Not Confirm Statement Attributed to Secretary General on Deploying Troops

North Atlantic Treaty Organization (NATO) has not confirmed that NATO's Secretary General told the Polish TVP Info TV Channel that the alliance can deploy its troops wherever it wants, a spokesperson for NATO told RIA Novosti Monday.

"We don't have a record of him saying that in English - and we're not responsible for the Polish interpretation of the live interview," a spokesperson said, adding that Stoltenberg was referring to NATO forces in general, "which of course can be deployed on the territory of the Alliance as Allies decide."

Oct 06 11:31

Ebola in Spain: Nurse infected in Madrid

A Spanish nurse who treated an Ebola victim in Madrid has contracted the virus herself in the first case of contagion outside Africa, health officials say.

The nurse tested positive for Ebola in two separate tests, according to reports.

Oct 06 09:42

Netanyahu slams Swedish counterpart over Palestine initiative

Israeli Prime Minister Benjamin Netanyahu has hit out on Sweden for a decision to recognize Palestine as a state.

Webmaster's Commentary: 

Oct 06 09:39

NATO can put troops wherever it wants, new secretary-general says

New NATO secretary-general Jens Stoltenberg said on Sunday that the Western alliance could deploy its forces wherever it wants, apparently calling into question post-Cold War agreements that have been shaken by Russia's actions in Crimea and Ukraine.

Stoltenberg was visiting NATO member Poland to reassure it that NATO would provide the protection it sought against its former communist master, Russia, which in recent months has annexed the Crimean Peninsula from Ukraine, and been accused by the West of sending troops and equipment to back pro-Russian rebels in eastern Ukraine.

Oct 06 09:03

Biden's Speech Might Backfire on Washington: Former Assistant Secretary of Treasury

Speech of the US Vice President Joe Biden can backfire on Washington, as it embarrasses the European Union members and demonstrates the US has intimidated them, Paul Craig Roberts, former Assistant Secretary of the Treasury, believes.

"One of the possible consequences is that his speech embarrasses European governments by showing that Europe is Washington's vassal," Roberts told RIA Novosti on Friday. "The other is that by pressing Europeans to act against their own interests, Washington might have been too much of a bully and hurt its future influence in Europe."

US Vice President said Thursday that the United States and US President Barack Obama, in particular, had forced the European Union members to "take economic hits to impose cost" on Russia.

Oct 04 06:24

Biden says US 'embarrassed' EU into sanctioning Russia over Ukraine

“We’ve given Putin a simple choice: Respect Ukraine’s sovereignty or face increasing consequences,” Biden told a gathering at the John F. Kennedy Jr. Forum at Harvard University's Institute of Politics on Thursday.

The consequences were the sanctions which the EU imposed on Russia, first targeting individual politicians and businessmen deemed responsible for the crisis in Ukraine, then switching to the energy, defense, and economic sectors.

“It is true they did not want to do that,” Biden admitted.

“It was America’s leadership and the president of the United States insisting, oft times almost having to embarrass Europe to stand up and take economic hits to impose costs,” the US vice president declared.

Oct 03 14:32

German Push to Accelerate Bank Bail-Ins Joined by Dutch

Germany, the Netherlands and Finland want to speed up European Union plans to force losses on senior bondholders of failing banks, three European government officials said.

The three AAA rated euro-area states last week called for regulators across the EU to gain so-called bail-in powers as soon as 2015, rather than in 2018 as currently proposed, said the officials, who declined to be identified because the talks are private. The European Central Bank has warned that 2018 is “far too far away” for the new rules, which seek to insulate taxpayers and the euro area’s firewall fund from rescue costs.

Oct 03 07:56

Sweden Will Recognize State of Palestine

Sweden’s new center-left government will recognize the state of Palestine in a move that will make it the first major European country to take the step, Prime Minister Stefan Lofven said on Friday.

Oct 01 11:34

Specter of Russian Capital Controls Puts Market on Edge

Holders of Russia’s ruble-denominated bonds, stung by the worst losses in emerging markets in the third quarter, are weighing the consequences of possible capital controls as the currency sinks.

“It would be very negative for your investments in the local currency,” Peter Schottmueller, who helps manage $17 billion as head of emerging-market fixed income at Deka Investment GmbH in Frankfurt, said by e-mail yesterday. Foreign ownership of ruble bonds has dropped and any curbs on capital flows would further “increase the investment risk,” he said.

Russia removed its last restrictions eight years ago after imposing them in 1998, when the ruble’s drop led to a default on sovereign local-currency debt. Implementing the curbs again risks further damaging President Vladimir Putin’s ambition of turning Moscow into a financial hub at a time when escalating U.S. and European Union sanctions over the Ukraine crisis are already limiting access to global capital markets.

Sep 30 10:04

Did The Winter War Just Begin? Russian Gas Supplies To Europe Plunge 15%, Ukraine Transit Slashed 54%

Just a week ago, the Russian energy minister made the first public 'threat' of gas supply "throttling" disruptions to Europe but judging by the data that has just been released, it appears the 'throttling' has begun. Bloomberg reports that Russian gas supplies to Europe fell 15% year-over-year in Q3 - the most in over two years - as natural gas transit through Ukraine plunged 54% year-over-year. In 2013, Gazprom sent 60% of its supply via Ukraine pipelines, in August that dropped to 39%, and in September only 34%. Of course, Europe remains confident its storage efforts will buffer any "Winter War" disruptions, as we noted here, but as Citi warned previously, "if colder weather arrives, storage levels will be drained," and then there is the Spring (and German industry needs).

Webmaster's Commentary: 

The corporate media is spinning this as an evil plot on the part of the Russians, but fails to mention that Kiev has not fully paid for the gas they get from Russia since the Junta and is arrears in the bill. Russia has every right to shut off the valves just as your gas company will do if you do not pay the bill.

Sep 30 09:21

Catalan separatists call street protests over referendum ruling

Just hours after the Constitutional Court accepted the government’s appeal of the Catalan referendum on self-rule, the northeastern Spanish region registered its first protests.

Around 300 people congregated in front of the government delegation in Barcelona to express support for the plebiscite, which is scheduled for November 9, and to condemn Madrid’s attempt to get it ruled illegal by a top Spanish court.

This early protest was the beginning of a series of region-wide demonstrations planned for Tuesday by a pro-independence group called National Catalan Assembly (ANC).

Sep 30 08:28

Dutch FM threatens sanctions against Israel

Foreign Minister Martin Lidegaard has threatened sanctions against Israel if the country doesn’t go along with the proposed terms in the peace talks taking place in Egypt this week.

In the talks, which will get underway in Cairo on Tuesday, Lidegaard wants to see Israel commit to ending its eight-year blockade of Gaza and stop its “illegal settlements”. The foreign minister is also calling on Hamas and other militant groups in Gaza to lay down their weapons.

If the talks fail to reach any long-term concessions from both sides, Lidegaard said that Denmark and the EU should adopt a tougher approach to Israel.

Sep 29 08:58

KRUGMAN: Mario Draghi Probably Can't Save Europe On His Own

In an interview, Paul Krugman explains why Mario Draghi — despite his recent stimulus measures — probably can't save Europe's economy on his own.

Webmaster's Commentary: 

Europe's economy (nor the US) cannot and will not be saved until people are ready to confront the fact that private central banks, which by design create more debt than money to pay that debt, are the cause of the problem.

Sep 29 07:17

Vaclav Klaus: the West’s lies about Russia are monstrous

Whatever we decide to call the current system, he adds, it clearly isn’t working for Europe. ‘I am really shocked to see leading EU and European politicians pretending that everything is OK, which is ridiculous and funny,’ Klaus says. ‘I recently read an article by a well-known German economist, Professor Sinn, who has studied the situation in Italy. He presented statistical data which showed that GDP in Italy has declined by 9 per cent since 2000. It’s unimaginable! I don’t think communist Czechoslovakia would have survived such a long-term decline. At the same time, industrial output declined in the same period by 25 per cent! One quarter of the economy simply disappeared.’

Sep 29 07:16

Nearly 600 U.S. soldiers with tanks to arrive in Poland, Baltics

Nearly 600 U.S. soldiers accompanied by tanks and other vehicles will arrive in Poland and the Baltic states at the weekend for military exercises, the Polish defence ministry said on Friday.

Sep 27 20:39

The Scots are Fallen; Bring On the Catalans!

The stanzas seem to vary but the leitmotif is oddly familiar: we suspect history is rhyming again. The Scottish rebellion by vote has failed, outmanouvered by limey crown rep Cameron who lulled them into a honey trap and beat them soundly with sweet nothings. The Yes camp put up a good fight but turned out to fatally naive in terms of how far the British crown was willing to go to secure the No majority, which should be pretty clear after three centuries of vassal status. The fact that the Yes camp didn’t insist on exit polls or have an observer at every table shows either they were expecting fair play or did not practice due diligence; either way a high price has been paid in realpolitiks currency. Dreadful shame, old chaps. Carry on now.

Sep 26 11:15

‘Our Western partners stuck with Cold War mentality’ - Lavrov

The security crisis in the European Union was not caused by the crisis in Ukraine, but the events in Ukraine reflect the contradictions within the Euro-Atlantic region, Russian Foreign Minister Sergey Lavrov told reporters at the UN.

Sep 25 11:38

No More Foreplay: Russia Threatens European Gas Supply Disruptions

It appears Vladimir Putin is willing to hit'em while they're down. Early European equity weakness (and safe-haven flows) on asset-freeze threats have accelerated as Bloomberg reports, Russian energy minister Alexander Novak threatens gas supply disruptions if the EU continues to re-export Russian gas to Ukraine.

Sep 24 08:23

The new ‘Blair rich project’: Pushing Trans-Adriatic pipeline against Italians’ objections

Why should an olive farmer from sunny southern Italy remember Tony Blair, the former British prime minister who led the UK into the Iraq war to destroy Saddam’s imaginary weapons of mass destruction?

Sep 24 08:17

Not a saviour: Qatar says it won't liberate Europe from dependency on precarious Russian gas

Wealthy gas producer Qatar has no plans to pitch in as an alternative supplier as Europe seeks to reduce its reliance on Russian gas, Doha's energy minister told a German newspaper Tuesday.

"Qatar doesn't see itself as an alternative to other producers and exporters. We producers complement each other," Energy Minister Mohammed al-Sada told the Frankfurter Allgemeine Zeitung daily.

Sep 21 09:50

Russia warns West over 'foolish' sanctions

Russia has described as “foolish” the Western sanctions imposed on the country, warning that European countries won’t be able to return to the Russian market once the sanctions are removed.

“These foolish sanctions will pass, but international relations will continue. And currency markets will open up,” Russian Prime Minister Dmitry Medvedev said in an interview with Vesti 24 TV channel.

“The niches in our [Russian] economy, which will by then be occupied by local produces or other foreign producers... our European counterparts wouldn’t be able to come back,” he added.

Webmaster's Commentary: 

"Look, I know people in Europe are suffering from the sanctions, but no price is too great to pay to GET THOSE @#$%ING ROOSKIES!!!!!" -- Official White Horse Souse

Sep 20 09:03

These 8 places in Europe could be the next to try for independence

Given Europe's complicated history and cultural diversity, the existence of independence-minded groups and regions is understandable. Even so, the sheer number of separatist movements in Europe may surprise you.

Sep 18 10:18

NATO Overstep Their Charter Again, Running Guns and Weapons to the Ukraine

The single biggest threat to peace and prosperity in Europe and Eurasia today is NATO. Their insistence to further inflame the Ukraine crisis by directly arming the non-NATO member Ukrainian military, is not actually allowed in NATO’s charter. Rather, it’s a move designed to escalate tensions between NATO and Russia.

The North Atlantic Treat Organisation (NATO) was originally formed after WWII in order to offer some binding framework for mutual security in Western Europe in the face of Soviet expansion. It advertises to be a collective, but in reality, it is run and mostly financed by the United States and serves an extension arm to enforce American interests overseas. After the fall of of the Iron Curtain and the break-up of the Soviet Union in 1991, instead of rolling back its activities, NATO began to expand eastward and become hyper-active in its political and military activities.

Sep 17 16:59

Catalan Demonstration for Independence

Sep 15 10:43

Ron Paul: Will The Swiss Vote to Get Their Gold Back?

On November 30th, voters in Switzerland will head to the polls to vote in a referendum on gold. On the ballot is a measure to prohibit the Swiss National Bank (SNB) from further gold sales, to repatriate Swiss-owned gold to Switzerland, and to mandate that gold make up at least 20 percent of the SNB’s assets.

Arising from popular sentiment similar to movements in the United States, Germany, and the Netherlands, this referendum is an attempt to bring more oversight and accountability to the SNB, Switzerland’s central bank.

The Swiss referendum is driven by an undercurrent of dissatisfaction with the conduct not only of Swiss monetary policy, but also of Swiss banking policy. Switzerland may be a small nation, but it is a nation proud of its independence and its history of standing up to tyranny.

Webmaster's Commentary: 

The Swiss are about to find out that their Swiss Central Bank is not "theirs" at all, but part of a global enslavement cartel that owes no allegiance or loyalty to the nations in which they do their nefarious business.

Sep 15 07:00

Europe Has Lost Its Monetary Mind?

Europe's Weak Because It's Uncompetitive ... In the long-running debate over Europe's feeble economic recovery, monetary policy has taken center stage as if printing money to spur demand can solve Europe's troubles. According to two newly released competitiveness reports, the real problem lies elsewhere: labor costs, which have been growing faster than productivity, and underinvestment.

Sep 12 09:50

Putin looks to Asia as EU announces new sanctions

"I believe it is necessary to further improve the efficiency of our interaction to meet the challenges of the time," Putin said at a summit of the Shanghai Cooperation Organisation

Sep 11 12:53

Illusioned by the Economic “Recovery”

To further encourage credit supply in the continent, the ECB also mentioned it will launch its targeted longer-term refinancing operations (TLTROs), an enhanced and improved bank lending mechanism (excluding mortgage lending). Auctions are scheduled for September and December this year. An initial USD400 billion will be up for grabs! But the biggest revelation was that the ECB would start a US-style bond-buying facility by purchasing asset-backed securities (ABS) from banks.

Webmaster's Commentary: 

The only way a credit-based economy works is if there are borrowers, and people tend to avoid borrowing when they are less than certain they can pay the loans back.

So now the EU is launching their version of Quantitative Easing. Like the US it is being billed as a temporary measure and like the US, the EU will coon realize it must be permanent.

Sep 11 11:28

Israel committed genocide in Gaza: EU delegation

An official European Parliament delegation that visited the besieged Gaza Strip after the recent Israeli onslaught on the blockaded area says Israel has committed “genocide” against the defenseless Palestinians, Press TV reports.

The delegation, which includes 13 members of the European Parliament, has called on the EU to break diplomatic ties with Israel and implement sanctions against Tel Aviv because of the war crimes it has committed against the Palestinian people.

“I don’t think it is too strong a word, not when you think of how genocide is described; it’s described as the partial or the whole destruction of people; and what we are seeing happen in Gaza, in Palestine, is the destruction of Palestinians,” Martina Anderson, an Irish member of the European Parliament, told Press TV.

Webmaster's Commentary: 

Sep 11 07:37

Billions Withdrawn From Scotland’s Banks Ahead Of Independence Vote

Asset managers, investors and pension savers are moving billions of pounds out of Scotland, according to industry executives, amid rising concerns about the financial consequences of a Yes vote in next week’s independence referendum.

Sep 10 16:38

Poland stops reverse gas flow to Ukraine, Kiev blames Russia

Ukraine’s state-controlled gas transit company says Poland cut off reverse flows to Ukraine, alleging that a quarter of Russian gas imports to Poland went missing. Gazprom said it continues to supply the same amount of gas as previously.

Webmaster's Commentary: 

So, it looks like Poroshenko is indeed dipping into Russian gas flowing to Europe and blaming Russia!

Sep 10 08:30

Massive explosion rocks German chemical plant (PHOTOS, VIDEO)

A powerful explosion heard from kilometers away has rocked a chemical plant near Bremen, in northern Germany. At least one person has reportedly been injured while the plant buildings sustained “serious damage,” first responders say.

Sep 10 08:24

Austria opposes to EU’s military support for Kiev

Austria is opposed to EU’s military support for the Kiev government but is ready to face the consequences of all political decisions, Austria’s Federal Chancellor Werner Faymann said at a meeting of Austrian government members with representatives of trade unions and other ‘social partners’ of the Austrian state on Wednesday.

"As far as political leverage is concerned, we are going to support all measures. But we are categorically against any kind of military support such as weapons supplies or participation in military operations,” Chancellor Faymann told the meeting devoted to the impact of the Ukraine crisis on Austria’s economy.

Sep 09 10:28

EU Popular Opposition to Israel Stronger Than Ever

The dispossession of the Palestinian people has been and remains an internationalized endeavor. With the European Union as its largest trading partner and the United States as its largest backer militarily and politically, Israel has no reason to reconsider its denial of Palestinian self-determination.

Albeit both the EU and the United States have been and remain Israel's global patrons, the prospects for change toward Israel appear quite different in the EU than they do in the United States. Compared to the EU, the United States lags behind in terms of the level of knowledge of, and intensity of opposition to, Israel's conduct.

Sep 09 08:27

Finland reluctant to impose new Russia sanctions

Finland’s Prime Minister has said he wants the EU to wait before imposing new economic sanctions on Russia that will target state-owned energy companies.

"Finland in general isn't of the opinion that now is the right time [for the sanctions]," Finnish Prime Minister Alexander Stubb told reporters Monday night in Helsinki after the EU adopted new sanctions against Russia, which could come into force in the next couple days, depending on ceasefire progress in Ukraine.

Finland reportedly objected to more sanctions against Russia, asking for the ability to suspend the new economic restrictions if the ceasefire in Ukraine is kept in good faith.

Sep 08 11:00

Here Is Why Europe Just Launched The "Nuclear Option" Against Russia

Europe's leaders, we assume under pressure from Washington, appear to be making a big weather-related bet with their taxpayers' lives this winter. As they unleash funding sanctions on Russia's big energy producers, Europe has pumped a record volume of natural gas into underground inventories in an effort to 'outlast' Russia and mitigate any Napoleonic "Winter War" scenario. The plan appears to be to starve Russian energy firms of cashflow - as flows to Europe are already plunging - and remove their funding ability, potentially forcing severe hardship on Russia's key economic drivers. There appears to be 3 potential problems with this plan...

1) What if the weather is considerably colder than normal this winter?

Sep 07 09:12

US to supply arms to Ukraine, hold joint military drills in Black Sea

The Ukrainian and US navies will take part in a joint exercise called “Sea Breeze 2014” on September 8-10 in the northwestern part of the Black Sea, Ukraine’s Ministry of Defense said.

READ MORE: ‘Promoting peace and stability’: NATO warships enter Black Sea

Around 280 US servicemen will participate in the drills, according to a statement by US European Command spokesman Navy Capt. Greg Hicks, director of Communication and Engagement.

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US to supply arms to Ukraine, hold joint military drills in Black Sea
Published time: September 07, 2014 02:08
Edited time: September 07, 2014 14:17
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The U.S. Navy Warship USS Taylor enters the Ukrainian Black Sea port of Odessa during the Sea Breeze-2010 NATO military exercises (Reuters / Yevgeny Volokin)

The U.S. Navy Warship USS Taylor enters the Ukrainian Black Sea port of Odessa during the Sea Breeze-2010 NATO military exercises (Reuters / Yevgeny Volokin)
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Webmaster's Commentary: 

How convenient. This exercise starts...tomorrow.

That means that right at the critical moment when the cease-fire between Eastern Ukraine, and Ukraine proper, is under tremendous stress, the US government is sending weapons and military "advisers" to Ukraine.

Were I a betting woman, I would bet that the US and NATO have engineered this cease fire to fail.

I don't know what the Vegas odds are on this, but right now, I would not bet against this possibility.

Just because a shooting war with Russia would be the most ham-fistedly, pigheadedly stupid thing the US government could possibly do at this moment, unfortunately, is absolutely no guarantee that the US government will not do it.

Sep 07 08:51

NATO Attacks!

Ukraine is all about Germany now. Berlin wants a political solution. Fast. Berlin wants Russian gas flowing via Ukraine again. Fast. Berlin does not want US missile defense in Eastern Europe – no matter what the Baltic states scream. That’s why Poroshenko’s latest “Invasion! Invasion! Invasion!” craze is nothing but pure desperation by a lowly, bankrupt vassal of the Empire of Chaos. Of course that does not prevent Fogh of War – who got the NATO job because he was an enthusiastic cheerleader of the rape of Iraq – to keep crying “Invasion!” till all Danish retrievers come home.

The Ukraine battleground at least has the merit of showing the alliance is naked. For the Full Spectrum Dominance Pentagon, what really matters above all is something that’s been actually happening since the fall of the Soviet Union; unlimited NATO expansion to the westernmost borders of Russia.

Webmaster's Commentary: 

Pablo Escobar is entirely correct about needing to look at next week's SCO meeting in Dushanbe, Tajikistan. We will do our best to cover it at WRH, because some of the decisions made at this conference may have epic geopolitical consequences on the world's future, regardless of how the issues in Ukraine play out.

Sep 07 08:25

NATO stages massive military drills in Latvia (PHOTOS)

As seven-day NATO military exercises continue to take place in Latvia, the organization says the drills are aimed at showing its commitment to Baltic member states in the face of an “assertive” Russia.

Webmaster's Commentary: 

"They made me start WW3, mommy!" -- Official White Horse Souse

Sep 05 08:32

War Bucks: NATO Leaders to Vow to Lift Military Spending

Leaders of the North Atlantic Treaty Organization will pledge at a summit here to lift their military spending to 2% of each country's gross domestic product over the next 10 years, according to three officials familiar with the negotiations over the summit communiqué.

Sep 05 08:29

NATO approves new force aimed at deterring Russia

Seeking to counter Russian aggression, NATO leaders approved plans Friday to create a rapid response force with a headquarters in Eastern Europe that could quickly mobilize if an alliance country in the region were to come under attack.

NATO Secretary-General Anders Fogh Rasmussen said a command headquarters would be set up in Eastern Europe with supplies and equipment stockpiled there, enabling the "spearhead" force to mobilize and deploy quickly.

"It sends a clear message to any potential aggressor: Should you even think of attacking one ally, you will be facing the whole alliance," Rasmussen declared as a two-day NATO summit in southern Wales drew to a close.

NATO air patrol flights over the Baltic and other air, land and naval measures already in place will be extended indefinitely, Rasmussen said, as part of a readiness package that also calls for upgraded intelligence-sharing and more short-term military exercises.

Webmaster's Commentary: 

Interesting timing; just when there has been a cease-fire signed between entities in Eastern Ukraine and the Ukrainian government.

One has to wonder if Poroshenko and Moscow came to some kind of "understanding" that he had to back off, because one way or another, either by losing this war, or the October elections, he was going to be out of power in very rapid order.

Sep 05 07:05

NATO Dead, King Dollar Wrecked

the USDollar is under siege despite its rising exchange rate

a Global Paradigm Shift is underway

the Ukraine War has brought about a heightened urgency

Europe must make a decision to preserve its economy, or to support the USD

the European nations will work to install the Gold Standard, and thus will preserve their economies and industry and jobs

Special Forces professional troops from Germany, France, Netherlands, and England are fighting against NATO forces in Ukraine

easy conclusion: NATO IS DEAD

Sep 04 07:59

Monetary policy decisions

At today’s meeting the Governing Council of the ECB took the following monetary policy decisions:

The interest rate on the main refinancing operations of the Eurosystem will be decreased by 10 basis points to 0.05%, starting from the operation to be settled on 10 September 2014.

The interest rate on the marginal lending facility will be decreased by 10 basis points to 0.30%, with effect from 10 September 2014.

The interest rate on the deposit facility will be decreased by 10 basis points to -0.20%, with effect from 10 September 2014.

Sep 03 15:29

US and NATO Step Up Military Preparations Against Russia

At their meeting this week in Wales, government heads of NATO member countries are expected to approve the creation of a special rapid response force of as many as 4,000 soldiers that could be deployed to any member state within two days. They are also expected to sanction the establishment of an ongoing troop presence in Poland and the Baltic states, as well as the buildup of equipment and arms stockpiles in Eastern Europe.

The NATO summit, to which Ukrainian President Petro Poroshenko has been invited, will focus on the Western diplomatic, economic and military offensive against Russia that has been continually escalated since the US and Germany triggered the crisis in Ukraine last February by organizing a fascist-led putsch that overthrew the pro-Russian government of Viktor Yanukovych.

Sep 03 15:17

European Commission Gives Green Light to More Sanctions Against Russia

The European Commission approved Wednesday a proposal to significantly expand sanctions against Russia, but the final decision is yet to be made by the European Union members.

Sep 03 08:41

Europe Must Unite Against Russia: NSA's Alexander

Gen. Keith Alexander (Ret.), former director of the NSA, comments on the escalating situation in Ukraine. He speaks with Trish Regan on "Street Smart."

Webmaster's Commentary: 
Sep 03 06:50

From Minsk to Wales, Germany is the key

The road to the Minsk summit this past Tuesday began to be paved when German Chancellor Angela Merkel talked to ARD public TV after her brief visit to Kiev on Saturday.

Merkel emphasized, “A solution must be found to the Ukraine crisis that does not hurt Russia.”

Sep 02 14:47

JIM WILLIE — Critical Geopolitical & Monetary Update: NATO is Falling Apart & Germany is Breaking Away From the U.S.

Dr. Jim Willie presents some important recent developments that bode ill for the dollar as Germany, France and other former allies and partners of the US are now aligning themselves with Russia, China and the BRICS bloc. Also, Willie’s source claims Blackwater mercenary group has been captured in Ukraine. “NATO is dead.”

Sep 02 12:36

NATO May Hold Drills, Set Up Military Training Centre In Georgia – Rasmussen

NATO may hold military drills and establish a military training center in Georgia, NATO Secretary General Andrers Fogh Rasmussen said on Monday.

According to Rasmussen, alliance plans to increase cooperation between Georgian Armed Forces and NATO and organize military drills inside Georgia.

Rasmussen emphasized that NATO plans to establish a military training center in Georgia in order to attract the alliance’s partners.

Sep 02 12:35

NATO summit: War or peace?

Twenty-five kilometers of fifteen-foot high, reinforced steel-mesh crowd proof fencing. 20,000 heavily armed, well equipped and dark-uniformed militia have started arriving daily. Military defense plans have been finalized. Already, adrenaline is in the air. There is a fight coming. Is this Gaza?

No. This is the NATO Summit. You, your civil rights, your quest for peace, and your demand for a return to real democracy and pursuit of happiness are not wanted here.

You do not matter!

Sep 02 12:34

EU leaders deliver sanctions ultimatum to Russia over Ukraine

European Union leaders have given Russia a week to reverse course in Ukraine or face a new round of sanctions as Kiev warns it is on the brink of full-scale war with Moscow.

Fears are growing that the confrontation on the EU's eastern borders could engulf the whole continent after Russia [was accused of sending] troops to back a new offensive by pro-Kremlin rebels in south-east Ukraine.

Sep 02 09:39

As Rebels Advance, Ukraine Spurns Calls for Peace Talks

The deputy premier of East Ukraine’s breakaway region headed to Belarus today, and rebel officials say they’re eager to negotiate a settlement of the ongoing war, with a goal of comparative autonomy instead of their previous pushes for secession.

But it takes two sides to make peace, and as usual, Ukraine’s pro-West government is spurning the calls for talks, insisting the war over the nation’s impoverished east is actually the start of a “great war” for all of Europe that must be won militarily.

Webmaster's Commentary: 

Either Poroshenko is completely and thoroughly out of his mind, or he has been coached to be the "pitbull picador" by his US/EU/ECB handlers, to provoke Russia to war.

But unfortunately, Ukraine is simply the excuse for a war which, apparently, the US/NATO/EU/ECB are itching to have against Russia.

And if it does come to war, Ukraine will most probably find itself abandoned on the larger battlefield of military objectives the West has on its mind.

Stupidity should be at least painful, if not lethal.

And the stupidity of various US leaders thinking that the US can prevail in an all-out war against Russia is... staggering.

We don't have the money, the troop strength, or the manufacturing to insure a positive outcome to a conventional war against Russia.

And the US weapons program?!? Hugely expensive, nororiously behind schedule, wasteful, and not ultimately getting truly quality weapons into the hands of our military.

In terms of weapons manufacturing and sourcing, Russia has not been spending what the US has, but has been getting a lot more bang for their buck, in terms of what they have purchased or manufactured.

Sep 02 08:52

Russia to adjust military doctrine due to NATO expansion, Ukraine crisis

Moscow is to review its military doctrine, a move that is caused by expansion of NATO in Eastern Europe, problems of missile defense and the crisis situation in neighboring Ukraine, says an official from the Russia’s Security Council.

“I have no doubts that the issue of drawing of military infrastructure of NATO member-countries to the borders of our country, including via enlargement, will remain one of the external military threats for the Russian Federation,” Mikhail Popov, deputy secretary of the Security Council said in an interview to RIA Novosti.

All NATO’s actions show that both the US and NATO are trying to escalate a deterioration of relations with Russia, he added.

“We consider that defining factor in [Moscow’s] relations with NATO will remain the unacceptability for Russia of the expansion plans of alliance’s military infrastructure to our borders, including via enlargement,” he stated.

Webmaster's Commentary: 

Looking at how aggressive NATO and the US have been recently, one can hardly blame Russia for its concern, and its military regrouping.

Sep 02 08:46

Nato Plans 'Spearhead' Force To Face Russia

Nato is set to create a high-readiness force and stockpile military equipment in Eastern Europe as a bulwark against potential Russian aggression, the alliance's chief has said.

Secretary General Anders Fogh Rasmussen said the proposed new force could be comprised of several thousand troops contributed to on a rotating basis by the 28 Nato countries.

Backed by air and naval assets, he said the unit would be a spearhead that could be deployed at very short notice to help Nato members defend themselves against any threat, including from Russia.

Nato leaders are to consider the plans at a summit this week in Wales that is likely to be dominated by how the US-led alliance should respond to the Russian-backed separatist uprising in eastern Ukraine.

Ukraine is not a member of Nato, but its UK ambassador told Sky News he backed the move and appealed for Ukraine's allies to step up sanctions and provide military help now.

Webmaster's Commentary: 

The behaviour on the part of NATO, considering that Ukraine is not a part of NATO at this time, can only be characterized as very odd, in light of the fact that they are hyping the formation of a RRF (rapid reaction force)to come to Ukraine's aid against alleged Russian "aggression", when Russia has not been aggressive against Ukraine in the slightest, and that is what OCSE reports on the border have consistently indicated.

It appears that NATO and the US have decided to curtail Russia's economic growth with a war, and Ukraine is simply the excuse.

But were I Poroshenko, I would hesitate to necessarily hitch my geopolitical/economic/military wagon to NATO and the West.

IF past is prologue, he may want to examine the absolute flustercluck NATO and the US have created in Afghanistan, 13 years on, and wonder - very seriously - if what he has done will ultimately have been the right move for the future of his people.

Please, if you have already not done this, now is the time to take care of yourselves and those you care about. Get storable food, water, extra medications, and figure out how you will defend your home in a way with which you are both comfortable and educated.

Something wicked this way comes, and although I don't want to come across as Mrs. Chicken Little of Hawaii, 2014, preparation right now is critical.

I am very concerned about what I see as the US government marching to war against Russia. And unfortunately, just because an idea is the most ham-fistedly, pig-headedly stupid thing this government could possibly do right now, is absolutely no guarantee that they won't do it, and most probably before the mid-term elections....if, in fact, they are held, and we do not see a decree of martial law, to crush dissent against it.

Sep 02 06:29

“Russia Invades Ukraine”, Strategic NATO Public Relations Stunt. Where Are The Russian Tanks?

Read the London tabloids. Russia has launched “a full-scale invasion”. A vast propaganda campaign has been launched. Where is the evidence?

The media is spreading “fake evidence” in the week leading up to the Wales NATO Summit.

The objective is to herald Russia as the aggressor.

Sep 02 06:17

To Everyone Saying Russia Is "Isolated", Here's A Map

While NATO is happy to provide Russia with geographical advice, we thought the following map of "the world" will help explain President Obama's increased use of the term "isolated" when it comes to Russia...

Sep 02 06:12

Russia has 'severed' partnership with Europe, says Germany

Russia has "effectively severed its partnership" with Europe and wants to establish a new order, German President Joachim Gauck said on Monday (Sep 1).

Webmaster's Commentary: 

Frankly, the overthrow of Ukraine followed by the economic sanctions is what ended the partnership, and nobody is buying that any of this is the fault of Russia!

Sep 02 06:11

The Beginning of World Shift

Anglo-Saxon agression against Russia is taking the form of financial and economic warfare. However, Moscow is preparing for armed hostilities by developing its agricultural self-sufficency and multiplying its alliances. For Thierry Meyssan, after the creation of the caliphate in the Levant, Washington would lay down a new card in September in St. Petersburg. The ability of Russia to maintain its internal stability will determine the course of events.

Sep 02 06:09

Jim WIllie: Saudi's are on the verge of joining Russia in non-dollar oil sales

Last week, Russia announced an game changing shift for energy in which they are now allowing the sale of oil and natural gas to be done in both Roubles and Yuan, bypassing the dollar and cracking the 40 year old petro-dollar system. And on Aug. 31, Dr. Jim Willie reported during an interview with TFMetals Report that this break away from U.S. hegemony over the purchasing of oil is not being limited to just Russia, but that the foundational country of petro-dollar origin, Saudi Arabia, is in talks with the Eurasian energy giant to join them in a partnership that will also disconnect the Arab Kingdom from the dollar, and open energy sales within the OPEC nations to be done in Roubles, Yuan, and perhaps even the Euro.

Sep 01 08:42

NATO Membership For Ukraine – Another Move On The Grand Chessboard

As the geopolitical tug of war continues to take place over the ravaged country of Ukraine, both sides of the conflict – NATO and Russia – have begun taking steps toward a more solidified structure of alliances that will no doubt have massive reverberations across the world and possibly lead to direct confrontation between nuclear powers.

Indeed, as further evidence that the Western NATO bloc desires an ultimate conflict with Russia and the BRICS powers, NATO Secretary General Anders Fogh Rasmussen has indicated that Ukraine is firmly on the path to become an eventual member of the NATO alliance.

Simultaneously, West Ukrainian Prime Minister Arseny Yatseniyuk submitted a bill to the Ukrainian Verkhovna Rada that would cancel Ukraine’s “non-aligned” status and restart Ukraine’s official attempt to become a member of NATO.

Webmaster's Commentary: 

Yatseniyuk and Poroshenko have an industrial-strength problem here, and that is one of timing.

The next NATO General Assembly happens this Thursday and Friday in Cardiff, Wales, and NATO has not indicated that it will be adding new members at this time. They may have an emergency consultation after that to bring Ukraine in, but NATO leadership understands that Ukraine has really nothing to give NATO, save for a potential military confrontation with Russia, and because of the effect of existing sanctions against Russia (which may result in a potential turn off of gas which Europe desperately needs), may be very hesitant to accept Ukraine as a member.

Ukraine is dead broke, and in arrears on its payment to GAZPROM, the Russian energy company from which it gets the majority of its energy.

Ukraine may well balkanize, due to its financial problems, long before NATO deliberations on its membership have come to fruition, at which time the issue will become moot, and such a balkanization will put Russia in the ascendency once again.

Sep 01 06:54

Bloomberg Primes the Pump of the Deflationary Dialectic

Bloomberg offers two editorials on Europe that tell us economic growth is not going well. The one above speaks to the issue of Mario Draghi's lack of courage in terms of implementing a program of aggressive money printing.

The other one, which we excerpt below, is a kind of call to arms by Bloomberg itself – via its editorial staff – demanding that Europe's leaders scrap the fiscal pact negotiated in 2012 that mandates certain austerity measures.

Taken together, they seem to be indicating a certain level of distress, and yet there are other ways to regard this double-barreled explosion of concern over the EU's still-eroding economic condition.

Webmaster's Commentary: 

So, let's make things worse with a pointless sanctions war with Russia!

Aug 31 08:58

French President Says "There Is Risk Of War" As Europe Plans Additional Russia Sanctions

For months Europe had thought that mere verbal (and hollow) threats, populist posturing and propaganda would be enough to force Russia's Putin to back off and withdraw from the endless Ukraine escalation, into a Kremlin cocoon with his tail between his legs. What they didn't anticipate was that Putin would in no way back down (as that would be seen as defeat and weakness by his numerous internal foes), nor would have have to: with Russia providing a third of European gas and with winter approaching, Russia had all the trumps cards from day one.

Aug 31 08:56

Britain to spearhead 10,000-strong Nato rapid reaction force with mission to halt Putin's 'Tsarist expansionism'

Britain is to spearhead a new Nato rapid-reaction force amid warnings that Vladimir Putin is virtually ‘at war against Europe’ and planning ‘Tsarist expansionism’.

Webmaster's Commentary: 

I say we take all these "leaders" all hot and bothered for a war with Russia and parachute them into Moscow right now!

Aug 30 08:42

Activists gather for week-long protests against NATO

As world leaders prepare to attend the NATO Summit in Newport next week, campaigners are mobilising for a week of protest and debate to challenge this ‘interventionist, expansionist, military club.’

A mass demonstration against NATO will take place in Newport tomorrow (Saturday 30 August), while a Counter-Summit will be held on Sunday 31 August at Cardiff County Hall, and on Monday 1 September in Newport.

Webmaster's Commentary: 

NATO has simply become a ossified war machine on steroids.

And not a particularly effective one at that, if you look at the condition of the occupation of Afghanistan, where there is absolutely no military metric by which the occupation can be judged as a "success".

Aug 29 09:11

BDS GAINING MOMENTUM IN EUROPE

The war in Gaza and its aftermath have inflamed opinion in Europe and, experts and analysts say, are likely to increase support for the movement to boycott, disinvest from and sanction Israel, known as BDS.

Aug 27 09:24

NATO chief eyes more bases in E. Europe to confront Russia

Under the pretext of an 'overt' Russian threat, NATO is pushing for a ‘readiness action plan’ that will bring the Cold War military bloc closer to Russian borders than ever - even despite objections from some NATO members.

NATO Secretary-General Anders Fogh Rasmussen said the 28-nation military bloc, which meets next week in Cardiff, Wales, would attempt to overcome internal opposition and agree to the deployment of military bases near the Russian border.

Amid the ongoing Ukrainian conflict, which is fracturing the country along east-west ideological lines, NATO is preparing to install for the first time military “reception facilities” in Eastern European countries, including Poland and the three Baltic countries: Lithuania, Estonia and Latvia.

Webmaster's Commentary: 

Memo to NATO Secretary General Rasmussen: the title of this article should have read: "NATO chief eyes more bases in E. Europe to PROVOKE Russia."

Sir, I would very much like to remind you that so far, Russia has done absolutely nothing wrong.

The legitimate, elected government of Ukraine was overthrown in a US/EU/ECB-sponsored putsch earlier this year, so the Poroshenko could be "installed" as its President.

At that point, Crimea, which has long been a part of Russia, before Kruschiev, an ethnic Ukrainian, annexed it, asked to become part of the Russian Federation. And in what was characterized as a "free and fair election", complete with observers, the Crimean people chose to become a part of the Russian Federation.

And is not "the right to peaceful self-determiniation" one of the underpinnings of the UN Charter?!?

Secretary Fasmussen, Russia is not the aggressor here; NATO, the US, and the West, are the aggressors here.

What I am seeing, Secretary General Rasmussen, is a prelude to a war between Russia, and Europe, NATO, and the US.

This is absolutely the antithesis of what should be happening here, where Russia and NATO should be working collaboratively to establish a broader basis for peace, humanitarian operations, and a more sane world.

Aug 27 08:24

Lockdown in Cardiff: City turned into high security 'prison' with 10 mile 'ring of steel' ahead of Nato conference

Police have erected nine feet high security fencing around Celtic Manor resort in Newport and Cardiff city centre.

150 world leaders including Barack Obama and David Cameron will meet in South Wales on September 4 and 5.

Kim Howells, former foreign office minister, fears that home grown Islamic State terrorists could be planning to attack.

More than 9,000 officers from across the UK have been drafted in to police event and traffic disruptions are likely.

The total cost for security is not yet known and is expected to be published after the summit by the Government.

Webmaster's Commentary: 

People of Cardiff, you have my utter and complete sympathy.

I remember when President Obama was here for the APEC conference (the Asian Pacific Economic Conference) and Mike and I were headed down the hill to drop me off at church, so that I could sing with our choir, and the entire bloody cross-street was blocked off with soldiers carrying loaded rifles, and no one could get through.

Ultimately, after we turned around and got back home, I had to call our director, and explain that I was unable to get to church because of all the guys carry rifles, and he was quite understanding.

It felt rather as though the Constitution and Bill of Rights had been suspended on Oahu for that day, and I found myself very, very angry.

Aug 27 06:56

European Parliament Fails to Calculate Impact of Sanctions Prior to Implementation

The European Parliament did not conduct any of its own official studies on the impact of its sanctions against Russia prior to their implementation or to this day, said Director-General of the European Parliamentary Research Service (EPRS) Anthony Teasdale and Secretary-General of the European Parliament (EP) Klaus Welle on Tuesday.

“On sanctions, no we have not, in the European Parliament Research Service, done any analysis on the financial implications,” said Teasdale in response to a question from RIA Novosti at a Wilson Center event on EU economic integration.

He said there had been no requests from parliamentary committees, noting that “the committees have not been meeting for the last three or four months, because we’ve been having European elections.”

Aug 26 08:10

NATO Debates Directing Missile Shield against Russia

With fears of Moscow growing after its intervention in Ukraine, NATO member states in Eastern Europe would like NATO to direct a planned missile-defense system against Russia as well. The calls have divided the military alliance.

Webmaster's Commentary: 

NATO is divided because the NATO nations know that the problem is not Russia, but the US war on the Ruble (and Yuan).

Aug 21 12:18

Ukrainian parliament to ratify association agreement with EU in September — Poroshenko

Ukraine’s Verkhovna Rada (parliament) will ratify the Association Agreement with the European Union in September, President Petro Poroshenko said on Wednesday.

“We worked hard to make the Association Agreement a reality. And there is no discussion in Ukraine as to whether this important document should be ratified or not,” Poroshenko said at a meeting with deputies from the Batkivshchina party.

Webmaster's Commentary: 

Because anyone who might have opposed this was kicked out or killed last January!

Aug 20 08:55

Finland: NATO Military Aid to Kiev ‘Not Possible’

"Of course it’s not possible. Not from NATO because NATO only provides military assistance to its members, and that’s well known. And the EU doesn’t have the capacity to provide this kind of support," he believes, RT reported.

Stubb was commenting on a request voiced Sunday by Ukraine’s Foreign Minister Pavel Klimkin, who said Kiev would welcome military aid from NATO and the EU in an interview.

Webmaster's Commentary: 

Finnish Prime Minister may well be in for a grand surprise at the next NATO summit in Wales on the 4th and 5th of next month; I wouldn't be at all surprised if the issue of bringing Ukraine into NATO is not fast-tracked at that time, because Ukraine is absolutely falling apart, financially and militarily.

Without NATO intervention, and soon, the Ukraine may well not be able to survive.

Aug 20 08:24

EU Advisors Advocate use of Military Against Strikes and Protests

Experts at a European Union (EU) think-tank are demanding that the EU prepare to put down strikes and protests with military force. Due to the deepening social inequality in a globalised economy and growing military conflicts within the EU’s borders, such outbursts will inevitably increase.

In the study by the European Union Institute for Security Studies, the authors bluntly state that in the face of these developments, the army will have to be used increasingly for policing duties to protect the rich from the anger of the poor.

The book appeared a year after the near-collapse of the global financial system in 2008, entitled “Perspectives for European Defence 2020.” It makes clear that academics and politicians are very aware of the revolutionary implications of the crisis. They are working through scenarios that would allow the opposition of the vast majority of the population to social attacks to be suppressed.

Webmaster's Commentary: 

Absoflippinglutely unbelievable; looks as though Europe is rapidly turning fascist also.

Aug 16 10:46

"Anti-Putin" Alliance Fraying: Germany, Slovakia, Greece, Czech Republic Urge End To Russian Sanctions

Last week Germany reported that in the second quarter, its GDP declined by 0.2%, worse than Wall Street consensus. This happened a few shorts days after Italy reported a second consecutive decline in its own GDP, becoming the first Europen country to enter a triple-dip recession. What's worse, Europe's slowdown took place before the brunt of Russian sanctions hit. Surely in the third quarter the GDP of Germany, a nation whose exports accounts for 41% of GDP, will be even worse, with whisper numbers of -1% being thrown casually around, but one thing is certain: Europe is about to enter its third recession since the Lehman collapse just as we forecast at the end of 2013, a "triple-dip" which may become an outright depression unless Draghi injects a few trillion in credit money (which will do nothing but delay the inevitable and make it that much worse once the can can no longer be kicked), and unless normal trade ties with Russia are restored.

Webmaster's Commentary: 

In another time, this might have slowed the march to war between Russia and the US; unfortunately, however, too many corporations have too much invested in such a war to back off now.

I am fully expecting a false flag event, to be blamed on Russia, as the trigger here, because nothing else appears to be working.

However, I would like to politely point out that the US military doesn't have the money, the manufacturing, or the troop strength to insure a positive outcome to a conventional war with Russia, which is what makes the military scenario so scarily dangerous.

How long it will take for the US government to turn such a war nuclear, I cannot foretell; but I would imagine it would be when they realize they can not potentially win this any other way.

Aug 16 09:04

Europe’s Greater Depression is worse than the 1930s

Europe hasn't recovered, because it hasn't let itself. Too much fiscal austerity and too little monetary stimulus have, instead, put it more than halfway to a lost decade that's already worse than the 1930s.

It's a greater depression.

Webmaster's Commentary: 

But it has made the owners of the private central bank richer than Midas, and that's really all that matters!!!

Aug 16 08:05

Russia Sanctions Blowback: EU Takes The Hit For USA

Russia Sanctions Blowback: Finland’s Largest Dairy Lays Off 800, Spain Seeks EU Aid, Poland Complains To WTO

Aug 15 13:17

Niinistö, Putin meet today in Sochi

President Sauli Niinistö will make a working visit to Russia to meet President Vladimir Putin in Sochi on Friday, the presidential office announced on Thursday.

The office said the Ukraine crisis would be the core issue of discussions during the visit.

Niinistö told a press conference on Thursday afternoon that creating an open channel for discussion is important to resolve the Ukraine crisis peacefully.

“As we all know, the situation in Ukraine is very dangerous,” said Niinistö, adding that many of his western colleagues hoped that Finland could act as a peace mediator.

Aug 15 10:05

Spanish public debt tops one trillion euros

Spain’s public debt has topped one trillion euros ($1.3 trillion) for the first time, the central bank announced Thursday, despite years of government-imposed austerity.

The nation’s accumulated public debt mushroomed to 1.007 trillion euros at the end of June from 996 billion euros a month earlier, the Bank of Spain said in a report.

Prime Minister Mariano Rajoy’s government has struggled to contain annual deficits by raising taxes, freezing public salaries and curbing spending on services such as education and health care despite angry street protests.

Though the annual deficits are on the decline, they continue to push up the sovereign debt of the eurozone’s fourth-largest economy. The public debt figure includes the cost of a 41-billion-euro banking rescue in 2012 financed by Spain’s eurozone partners.

Webmaster's Commentary: 

The problem with such a Ponzie scheme is that it cannot remain stable forever, and there will be a hard and fast point when their economy (and ours) will collapse.

Aug 14 12:55

Ukraine Passes Russian Sanctions Law: Gas Transit Halt Seems Imminent

The Ukrainian parliament approved a law on Thursday to impose sanctions on Russian companies and individuals "for financing terrorism." As Reuters reports, Prime Minister Arseny Yatseniuk told parliament that "by approving the law on sanctions, we showed that the country is able to protect itself." The first 'threat' though - that European energy companies would have to agree major contract revisions when purchasing Russian natural gas, potentially disrupting supplies in the coming winter months - seems suicidal... and EU leaders are not happy.

Aug 14 12:09

Putin Says The Petrodollar Must Die, "The Dollar Monopoly In Energy Trade Is Damaging Russia's Economy"

On one hand, despite initial weakness following Europe's triple-dip red alert, futures declined only to surge higher after some headline or another out of Russia was again spun to suggest imminent Ukraine de-escalation (something which Russia whose only interest is to keep crude prices high, has absolutely zero interest in), perpetuating a rumor which was set off by a Russian media outlet tweet last week that has sent S&P futures over 50 higher in less than a week on... nothing.

On the other, Putin just said the following, which no matter how one spins it, shows precisely how Russia is inclined vis-a-vis future (un-de-counter) escalations.

PUTIN SAYS RUSSIA SHOULD AIM TO SELL OIL AND GAS FOR ROUBLES GLOBALLY, AS DOLLAR MONOPOLY IN ENERGY TRADE IS DAMAGING ECONOMY

Webmaster's Commentary: 

BRILLIANT! Putin out-thinks the US again! By charging Roubles for Russia's oil, Putin will force European countries to have to trade Euros for Roubles, leaving the US dollar high and dry.

The US cannot complain about Russia selling its oil for the Rouble without telegraphing to the world that all these wars of conquest have been about keeping the global oil trade in US dollars only.

Aug 13 12:06

Pentagon Adding New Tanks, Vehicles to Massive Cache in Norway Caves

Pentagon officials today confirmed a plan to send massive amounts of new tanks and armored vehicles to the Norwegian countryside to be stashed inside of a series of caves in case the US wants to use them in wars in the region.

Webmaster's Commentary: 

Norway?!?

Aug 13 11:40

EU gives go-ahead to states sending arms to Iraqi Kurds

The European Union failed on Tuesday (12 August) to agree on a joint position on supplying weapons to Iraqi Kurds battling Islamic State militants, but said individual members could send arms in coordination with Baghdad.

Aug 12 15:17

Economic damage from Russian boycott could be triple original estimate

The economic damage from the Russian boycott of Dutch food products could reach €1.5bn, Dutch employers' organisation VNO-NCW chief Hans de Boer said on Tuesday.

Last Thursday Russia announced a ban on the import of fruit, vegetables, meat, fish and dairy products from countries which support the sanctions imposed on the country by the EU and US.

Earlier calculations of the damage were €500m but De Boer said this is too optimistic. 'That calculation did not take into account the Dutch dealers who operate from eastern Europe,' he told broadcaster Nos.

Aug 12 13:44

Polish Ambassador’s #FreedomApples Appeal

Webmaster's Commentary: 

You should read the comments on this!

Mine is: This flood of produce into the US to save Europe will create a surplus, riving down prices. That will be good for the US consumer but will destroy our domestic producers of those same items, who will be unable to pay the mortgages on their farms and orchards, setting them up to have their properties foreclosed on by the bankers.

Aug 12 11:27

NATO sees “high probability” of Russian invasion in east Ukraine

NATO said on Monday there was a “high probability” that Russia could launch an invasion of eastern Ukraine under the guise of a humanitarian operation, but a defiant President Vladimir Putin said Moscow was sending an aid convoy into the country.

With Ukraine reporting Russia has massed 45,000 troops on its border, European Commission President Jose Manuel Barroso also warned Putin against any military intervention in the country.

The past week has seen increasingly urgent warnings from Kiev and Western countries that Putin appeared to be planning an invasion.

Western countries said Putin – who has whipped up the passions of Russians with a relentless nationalist campaign in state-controlled media since annexing Ukraine’s Crimea peninsula in March – could invade to head off a humiliating rebel defeat.

Webmaster's Commentary: 

For the Zillionth time: Russia did not annex Crimea; after the legitimate government in Kiev was overthrown in a putsch, the Crimean government, through a free and fair referendum of its people, chose to join the Russian Federation: Crimea was not annexed, and Russia has done absolutely nothing wrong here.

And why is NATO that concerned about Ukraine, when Ukraine is not even a NATO member?!? That may change in September, because on September 4th and 5th, NATO holds its next summit in Wales, but as of 12 August, 2014, Ukraine is not a NATO member.

But other than accusations, NATO has absolutely no credible evidence that Russia would even begin to invade Ukraine; and why in heaven's name would Putin do this?!? There is absolutely zero strategic benefit to Russia's invading Ukraine.

But right now, with the fog of war so thoroughly saturating the geopolitical atmosphere now, it is clear that the US government wants a war against Russia, to prevent the collapse of the the US dollar (or have a war to blame it on, when the dollar collapses), and the economic ascendance of both the Russian ruble, and the Chinese yuan.

Were I a betting person, I would not bet against the US creating some kind of false flag event, to be blamed on the Russian government as a "justification" for war against it.

Perhaps a false flag attack in Ukraine may be considered the best and fastest impetus to having Ukraine join NATO as quickly as humanly possible.

Aug 11 18:01

Ukraine Considers Restricting Russian Gas Deliveries To Europe

Ukraine is planning to impose sanctions on Russia that might include an effort to starve its larger and richer neighbor of income by stopping the flow of Russian gas through Ukraine to customers in Western Europe.

Ukrainian Prime Minister Arseniy Yatsenyuk told reporters on Aug. 8 that his government is proposing sanctions against 172 citizens from Russia and other countries, as well as 65 Russian companies “for financing terrorism” by supporting the efforts of Russian separatists in eastern Ukraine.

Aug 11 08:13

Ebola Threat To Illegal Immigrant Calais Camps

Medical experts have predicted that the illegal immigrant camps of Calais will soon be hit by Ebola, according to the Sunday Express. The camps, which are filled with African immigrants desperate to make it over the English Channel, are already rife with diseases like scabies.

Now they could become the frontline in Britain’s fight against Ebola as immigrants from countries like Liberia and Sierra Leone arrive daily. The camps are particularly dangerous because people live in such close proximity, ideal for the spread of Ebola.

Aug 10 15:00

Russian sanctions begin to bite in the Netherlands

The Russian sanctions imposed on Thursday against western countries are already beginning to bite in the Netherlands, Dutch media report on Friday.

The Financieele Dagblad reports that 300 trucks carrying vegetables and fruit have already been refused entry at the Russian border.

The effects are also being felt at the Zaltbommel trade auction where prices are already falling.

Aug 10 08:05

ECB gets ready to pump cash into eurozone as fears rise over recovery

Mario Draghi says preparatory work in place for quantitative easing to combat deflation and economic stagnation

Webmaster's Commentary: 

And we have seen how well quantitative easing has worked here in the US!

Aug 09 09:36

Bildt troubled by Russian food sanctions

Putin is aiming the sanctions at those who imposed sanctions against Russia, namely the 28 EU members, plus Norway, the US, Canada and Australia. The sanctions are against such food items as meat, fish, poultry, dairy, fruit and vegetables.

According to news agency Reuters, the food items Russia imported last year but which are now included in the sanctions amounted to about US$ 23.5 billion, of which about US $32 million came from Sweden.

Putin's decision surprised many because, according to the newspaper European Voice, almost 40 percent of Russia's food imports come from EU countries.

Aug 08 07:53

Farmers 'will need EU aid after sanctions'

Minister for Agriculture Andrä Rupprechter (People's Party/ÖVP) has said the European Union should help Austrian farmers who suffer financial losses due to EU sanctions over Russia.

Webmaster's Commentary: 

"No problem, we'll just get the US Government to take a bunch of money from the American people again!"

Aug 08 07:19

Russia “already turning away trucks at border”

Catalan producer association Afrucat is urging its members not to send lorries to Russia until the situation regarding the ban on EU imports has been fully clarified, following reports that trucks laden with fruits and vegetables are already being refused entry at border crossings.

Aug 07 14:17

European stocks fall on Russia

Europe's main stock markets fell, weighed down by concerns of escalating tensions between the West and Russia, after the ECB left its monetary policy unchanged.

Frankfurt's main DAX index dropped 1.0 per cent to 9,038.97 points, while in Paris the CAC 40 tumbled 1.36 per cent at 4,149.83 points, compared with Wednesday's close.

London's benchmark FTSE 100 index shed 0.58 per cent to 6,597.37 points after the Bank of England also chose to hold its key interest rate at a record low.

Aug 07 07:20

Ebola death toll hits 932 as 1,711 cases confirmed, WHO says

Also on Wednesday, Health Minister Beatrice Lorenzin denied reports circulating on the Internet that migrants have brought Ebola to Italy.

Webmaster's Commentary: 

With a ten to twenty one day incubation period, Lorenzin cannot know that for a fact, and with Italy's government seen by the Italians as no more trustworthy that the US Government is seen by Americans, official denials only add to the suspicions surrounding that story earlier this year that several migrants had been quarantined in Italy with Ebola symptoms.

Aug 06 09:58

IMF: Bulgaria is among the worst affected countries by sanctions against Russia

The report pointed out that Bulgaria is among the countries that may be affected the most by sanctions against Russia. Direct foreign investments from Russia in the banking sector, energy, metallurgy, etc exceed 5% of the GDP of Bulgaria, as well as Belarus, Moldova and Montenegro.?
Due to problems with the construction of the South Stream gas pipeline, Bulgaria, Hungary, and Serbia may be left without investments, a report by the International Monetary Fund (IMF) stated, Duma daily writes.

Webmaster's Commentary: 

SMOOTH MOVE, US GOVERNMENT!!

Forgive me, but is a pathological inability to think things through to their logical conclusion now a prerequisite for working for the federal government?!?

Aug 06 09:43

Online petition urges ‘Nuremberg for Israel’ over ‘genocide of Palestinians’

Hundreds of Italians have signed an online petition slamming Israel's actions in the Gaza Strip as a “slow genocide” of the Palestinians and demanding a "Nuremberg trial" for Israel over the “destruction” of Palestine.

The petition was signed by 525 Italians, mainly academics, Haaretz reported. The signees say they are dismayed by the events in Gaza and accuse Israel of pursuing colonial policies and "ethnic cleansing" of the Palestinians.

Webmaster's Commentary: 

"Yes, Israel is pursuing colonial policies and 'ethnic cleansing' of the Palestinians. That is what we do! But is is anti-Semitic and hate of the Jews for you to mention it!" -- Nodding Yahoo

Aug 05 11:33

Ebola: 'All African Migrants Should Be Quarantined ' Says Italian Councillor

An Italian politician has suggested migrants who reach the Mediterranean country from northern Africa should be put under quarantine over the risk of Ebola contagion.

Fabio Rolfi, a councillor with the xenophobic, anti-immigration Northern League party, urged health authorities in Milan's Lombardy region to apply the preventive measure to the thousands of migrants who travel to the industrialised north of Italy after arriving in the south via boat.

The suggestion sparked widespread criticism and was labelled as "racist" and "useless" by other councillors.

Webmaster's Commentary: 

An apparent victory of political agenda over common sense!

Aug 04 07:38

G-20 Revolt? France Gets "Positive Reception" To Challenge US Bank Fines

In recent weeks France has defied US demands not to build Mistrals for Russia, has questioned dollar imperialism and the Petrodollar, and has blasted the US banking regulator's fines as "accelerating the decline of the dollar." So it is likely not a huge surprise that ahead of the G-20 meeting of world leaders later in the year, The FT reports, France has gathered support to challenge US regulators imposing heavy penalties on foreign banks.

Aug 04 07:36

NATO exerting pressure, not interested in MH17 investigation – Russia’s mission

Without waiting for MH17 crash investigators’ conclusions, NATO chief is eager to blame anti-Kiev forces, thus “exerting pressure” on the international team while providing no evidence to back the claims, Russia’s mission to NATO said.

The Russian mission to NATO has said that the bloc's Secretary General, Anders Fogh Rasmussen “decided not to wait until the end of #MH17 investigation” to blame the anti-Kiev forces for shooting down the plane, referring to Rasmussen's comments in Sunday's interview with the French Midi Libre.

Aug 03 07:22

Ukraine May Soon Acquire High-Precision Weapons – Russian Senator

EU's decision to lift ban on exports of military technology and equipment to Ukraine may soon result in Kiev acquiring high-precision weapons to be used in the country’s east and also in Russia, a member of the Russian Federation Council Committee on Defense and Security, Valery Shnyakin, said.

“Ukraine may get high-precision weapons that may be used against militia and against Russia,” Shnyakin said, adding that during the operation the Ukrainian army “may cross the Russian state border.”

Aug 02 11:02

UK Parliamentary Defense Committee demands NATO Prepare for Confrontation with Russia

The UK’s parliamentary Defence Committee has demanded that Western military powers strengthen NATO to prepare for confrontation with Russia.

The report by the cross-party group of Conservative, Labour and Liberal Democrat MPs complains that the “NATO alliance has not considered Russia as an adversary or a potential territorial threat to its Member States for twenty years” and has now only been “forced to do so as a result of Russia’s recent actions” in eastern Ukraine.

In the interim, NATO alliance has been weakened as member states have cut their defence budgets leaving it “ill-prepared” to face up to Russian “aggression” and potentially lacking the “collective political will to take concerted action…”

Webmaster's Commentary: 

Forgive me, but has the UK's Parliamentary Defense Committee gone collectively barking mad, or are they suffering from SMD (Selective Memory Disorder)?!?

Let's take a look at the timeline here.

1. Ukraine's duly elected government was sacked in a putsch, and a Western/European/Central European Bank-enabled junta was installed.

2. Without a duly elected government in Kiev, Crimea had a free and fair referendum enabling to become attached to the Russia Federation.
Please remember: Russia did not ANNEX Crimea: the people of Crimea voted to rejoin Russia, a country to which it had always been attached until the mid-50s when it was annexed to Ukraine by Nikita Khrushchev.
3. Russia has done absolutely nothing wrong in this case; it cannot possibly be seen as the aggressor. There is no gathering of troops or equipment on the Ukrainian/Russian border, and OCSE officials are saying that there are no violations of the border from the Russian side.
4. The Western-backed Poroschenko, however, has been lobbing bombs on areas of Eastern Ukraine, and killing civilians. This is a war crime. He refuses to negotiate, or even hear their grievances. His military also has been lobbbing bombs into Russian territory.

The only "threats" Russia (and ultimately, China) present is economic. This is about preventing more trade the the ruble and the yuan, period, end of discussion.

A shooting war against Russia would be absolute, utter madness.

And if you want any evidence of "how well" NATO is doing militarily, all you have to do is look at their performance in Afghanistan, over the last 13 years and counting, and that should give you a clue as to how well they would do against Russia, which is to say, terribly badly.

Aug 01 09:56

Citing Holocaust, Israel Demands ‘Strict Regulation’ of Antiwar Protests in Europe

A new Holocaust is imminent, if one is to believe Israeli MPs, who spent the afternoon berating European officials about the growing antiwar protests across their countries, centered on criticizing the Israeli invasion of the Gaza Strip.

Officials blamed “one-sided” media reports on the large number of dead civilians in Israel’s attack, and demanded the European Union impose “strict regulations on the format and content” of antiwar demonstrations going forward.

Webmaster's Commentary: 

Aug 01 08:49

Putin Explains That Russian Sovereignty Under Attack By The Global Elite

Any nation that is part of an alliance gives up part of its sovereignty. This does not always meet the national interests of a given country, but this is their sovereign decision. We expect our national legal interests to be respected, while any controversies that always exist, to be resolved only through diplomatic efforts, by means of negotiations. Nobody should interfere in our internal affairs.

However, ever more frequently today we hear of ultimatums and sanctions. The very notion of state sovereignty is being washed out. Undesirable regimes, countries that conduct an independent policy or that simply stand in the way of somebody’s interests get destabilised. Tools used for this purpose are the so-called colour revolutions, or, in simple terms – takeovers instigated and financed from the outside.

Jul 31 09:11

EU sanctions some of Russia's biggest banks, including #1 Sberbank

The European Union has imposed sectorial sanctions on five Russian banks, including the country’s biggest, Sberbank, as part of economic steps that Europe, along with the US, have taken against Moscow over the crisis in Ukraine.

The list, published Thursday, includes Sberbank, VTB Bank, Gazprombank, Vnesheconombank (VEB) and Russian Agriculture Bank (Rosselkhozbank).

These financial entities will be banned from raising capital on the EU’s capital markets.

Webmaster's Commentary: 
Jul 31 08:58

US aircraft 'violates' Swedish airspace

A mystery airplane that passed over Swedish airspace recently has been revealed as an American aircraft, sources revealed on Thursday.

Jul 30 06:10

Swedish banks walk tightrope with sanctions

News agency Reuters reports that the EU has agreed on a sanctions package against Russia, over its role in Ukraine, on Tuesday. The details of the sanctions package will be finalized and released on Wednesday. The sanctions target the finance, defence and energy sectors.

The sanctions are initially set to last one year but a review will take place after three months, to judge their effectiveness. The sanctions were decided to only target future contracts, leaving existing contracts intact, like France's delivery of helicopter carrier warships to Russia.

According to Reuters, one of the sanction with the most impact will ban Europeans from buying new bonds or shares issued by banks owned 50 percent or more by the Russian state.

Jul 30 05:51

Crime (Israel) and punishment (Russia)

So Obama, Merkel, Cameron, Hollande and Italian Premier Matteo Renzi - let's call them the Fab Five - get on a video conference call to muster their courage and "increase pressure" asking for a cease-fire in Gaza. Later in the day, Israel's Benjamin "Bibi" Netanyahu delivers his answer, in plain language: he remains dead set on achieving his version of a Final Solution to Gaza. [1] With or without "pressure".

So what's left for the Fab Five after having their illustrious Western collective behinds solemnly kicked? They decide to dump Gaza and instead sanction Russia - again! How brilliant is that as an exit strategy?

Jul 29 13:33

Obama: ‘Not a new Cold War,’ but new Russia sanctions announced

President Obama announced a new round of U.S. sanctions against Russian banks and a shipbuilding company Tuesday, saying Russia must pay an increasingly high price for its military aggression in Ukraine and the downing of a passenger jet.

The penalties follow tougher sanctions agreed to by European Union leaders earlier in the day.

“Today is a reminder that the United States means what it says,” Mr. Obama said in a statement on the South Lawn of the White House. “It didn’t have to come to this. There continues to be a better choice.”

Webmaster's Commentary: 

Jul 25 06:42

European Central Bank hacked, personal data stolen

Hackers have stolen personal information from the European Central Bank (ECB) in what seems to be a blackmail scheme. The stolen data includes email addresses and contact information taken from the organization's database.

“There had been a breach of the security protecting a database serving its public website,” ECB said in astatement on Thursday. “This led to the theft of email addresses and other contact data left by people registering for events at the ECB.”

Around 20,000 email addresses were stolen, according to media reports.

The hacked database serves the public website and gathers registrations for conferences and other visits. It is “physically separate from any internal ECB systems.”

Webmaster's Commentary: 

And the NSA can't find these guys either!

Jul 22 08:40

EU to present extended Russian sanctions on Thursday – Ashton

Last week, before Malaysia flight MH17 crashed, Europe declined to follow the US move and expand sanctions.

Webmaster's Commentary: 

And there is a motive for the US to help Kiev shoot down flight 17 and lay the blame on Russia!

Jul 21 09:39

JIM WILLIE BOMBSHELL: IT HAS BEGUN- GERMANY TO BREAK FROM US/UK, JOIN RUSSIA/CHINA ALLIANCE! . . . remember where you first heard this — yesterday, actually :)

The Germans have had enough, fed up with destructive US activities of all kinds. For the last few months, they have been laying out their indictment, their justification, their reasons to abandon the corrupt US-UK crowd. The bank wreckage, the market rigging, the endless wars, the sanctions which backfire, the sham monetary policy, the economic sabotage, the spying, the gold gimmicks, it has finally reached a critical level.

Germany has begun to move East in full view. Only the deaf dumb and blind cannot notice, and they will probably never notice. They are fodder.
The awaited signals seen by the Jackass have finally arrived.

Berlin is outraged by clear USGovt spying, and in process of conducting a Gold audit among their population. Germany is building motives to split from the Euro Monetary Union (common Euro currency) by forging stronger open ties with Russia & China. The justification is becoming plainly laid out, in four perceived indictment charges.

Jul 21 09:27

Norwegian MP calls for boycott of Israel over its Gaza offensive

Sunday, 20 July 2014 12:41Norwegian labor parties supported a call by a member of parliament to boycott Israeli products against the backdrop of the deadly Israeli onslaught on the Gaza Strip, Anadolu agency reported Sunday.

Labor Party MP and chairwoman of the defence and foreign affairs committee in the Norwegian parliament, Anniken Huitfeldt, has earlier called for boycotting Israeli products which Israel manufactures on occupied territories.

Huitfeldt demanded the government to implement the boycott as soon as possible "without wasting time." Six other parties endorsed Huitfeldt's call.

Jul 18 10:06

Jim Willie BOMBSHELL: It Has Begun- Germany to Break From US/UK, Join Russia/China Alliance!

Berlin is outraged by clear USGovt spying, and in process of conducting a Gold audit among their population. Germany is building motives to split from the Euro Monetary Union (common Euro currency) by forging stronger open ties with Russia & China.

Jul 18 08:15

Killing Russian Journalists in Ukraine is Organized Effort – Willy Wimmer

There is fear spreading through Europe of the specter of war, fuelled by aggressive war propaganda by the West in their attempt to demonize Russia. In Germany, for the first time, people do not trust their mass media. All over Europe appearing strange fascist parties. The blind drive by the US in pursuit of their geopolitical objectives in Europe and in Ukraine has placed the entire European continent in an unstable and extremely dangerous position.

Webmaster's Commentary: 

There is a good reason for the US to focus their war-making efforts on Europe. During WW2, the United States was the only industrialized nation to escape bombing. For twenty years after WW2, the rest of the world had to come to the United States to purchase the machine tools to rebuild their own industry, and of course, during that time, consumers in other countries had to buy industrially-produced goods from the United States as well. Together with the Breton-Woods agreement forcing the use of the dollar for all global trade, the United States made out like a bandit economically. But over the last 30 years, manufacturing in the United States has declined. At the end of WW2 there were thirty American companies manufacturing TV sets. Today there are none. Asian electronics rule the world. Asian and European cars outclass those produced in America.

The goal for the US Government in WW3 is not only to force the world back to the US dollar but to trigger wars in industrial regions that compete with US industries, to smash them and force the world back into a period of dependence on American manufacturing.

Jul 15 21:14

9 EU countries ready to block economic sanctions against Russia

France, Germany, and Italy are among EU members who don’t want to follow the US lead and impose trade sanctions on Russia. US sanctions are seen as a push to promote its own multibillion free-trade pact with Europe.

“France, Germany, Luxembourg, Austria, Bulgaria, Greece, Cyprus, Slovenia, and EU President Italy see no reason in the current environment for the introduction of sectorial trade and economic sanctions against Russia and at the summit, will block the measure,” a diplomatic source told ITAR-TASS.

In order for a new wave of sanctions to pass, all 28 EU members must unanimously vote in favor. EU ministers plan to discuss new sanctions against Russia at their summit in Brussels on Wednesday, July 16. Even if only one country vetoed, sanctions would not be imposed. With heavyweights like France and Germany opposed to more sanctions the measure will likely again be stalled, the source said.

Jul 15 09:01

NATO estimates Russia has 10,000-12,000 troops near Ukraine border

Russia has been building up its forces again along the Ukrainian border and now has an estimated 10,000-12,000 troops in the area, a NATO military officer said on Monday.

Russia withdrew most of the 40,000 troops it had close to the border earlier this year, reducing them to fewer than 1,000 by mid-June. But since then, it has been building up its forces again, the officer said, speaking on condition of anonymity.

Webmaster's Commentary: 

IF, in fact, this report is accurate, why was the person giving this information hiding behind the cloak of anonymity?!?

So far, NATO has been absolutely incapable of coming up with credible information as to what the Russian troop strength is on their side of the Ukrainian border.

Jul 15 07:03

Portugal Contagion Spreads: Espirito Santo To Default On Portugal Telecom Loan, Business Lending Drops Most On Record

Despite reassurances from US asset-gatherers and TV 'personalities' that Portugal must be fixed (because US equities are up), it is anything but. Today's triple whammy from the 'recovered' Portugal starts with Banco Espirito Santo bonds and stocks hitting new record lows (down over 10% more on the day). The contagion has rippled across to Rioforte, which controls Grupo Espirito Santo's non-financial arm - and is likely to default on a EUR 847 million payment to Portugal Telecom. And just to add further salt to that wound, Portuguese business lending in May collapsed at a record pace (down 8.23%). But apart from that, yeash Portugal is all fixed and their sovereign bonds are worth every penny...

Jul 15 06:18

The Real Purpose Of The IMF

The International Monetary Fund was set up in 1945, describing itself as an “organization of 188 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.”

This all sounds very laudable, but in reality the IMF has a very different purpose from that which is stated. If you look at the history of the IMF’s intervention in countries around the world you will see a trail of disaster and looting that repeats time and time again wherever they go.

Jul 14 08:26

Robbing Peter

On 16th March 2013, the banks of Cyprus, with the approval of the Cyprus Government, the European Commission, the European Central Bank, and the International Monetary Fund, confiscated private savings of accounts exceeding €100,000.

At the time, there were two readings of the unanimous approval by four bodies. As the confiscation was presented to the public, the unanimous approval implied that the confiscation was above board. To those who looked a bit deeper, however, the unanimous approval meant that, not only had the four bodies clearly been working on the plan for some time, behind closed doors, but it also demonstrated that all four bodies colluded to steal a significant amount of privately owned money.

Jul 12 09:06

Have Polish mercenaries been hired by Ukraine-USA Government to kill Eastern Ukraine civilians ???

Defence Minister of the self-proclaimed Donetsk People’s Republic Igor Strelkov (real name Igor Girkin) summed up the latest military situation in the Donetsk region during a press briefing in Donetsk, Saturday.

He said troops manning a pro-Kiev checkpoint located between Ilovaisk and Amvrosiyevka could have been Polish mercenaries, since, he said, “they were wearing insignia of the Polish Army.”

Jul 11 08:46

Bulgaria's Central Bank Revokes License of Corporate Commercial Bank

The Bulgarian National Bank (BNB) is to suspend the license of troubled Corporate Commercial Bank (KTB) and to nationalize its subsidiary, Credit Agricole Bulgaria.

BNB is also to transfer citizens' and companies' assets held in KTB into Credit Agricole Bulgaria, where money from Bulgaria's Deposit Insurance Fund (DIF), which protects personal and corporate deposits up to EUR 100 000.

At the same time, some BGN 3.5 B (EUR 1.75 B) seem to be "missing" from the bank, public broadcaster BNR quoted the central bank's Governor Ivan Iskrov as saying.

It is the 3.5-billion-worth gap that changed BNB's "initial plans" to help KTB to recuperate after stepping into its management to avoid a further crisis, he explained.

Jul 10 09:29

Germany clears path for EU to directly fund ailing banks

he EU’s bailout fund has moved closer to being able to directly pump money into troubled banks after the German government introduced a bill allowing direct bank recapitalisation.

The German government has introduced a bill allowing the EU’s bailout fund to directly fund struggling banks

The draft law will now require approval in the Bundestag, but is planned to enter into force in November.

“This is an important step to stabilise our financial sector … and to increase further the trust in our common European currency,” said finance minister Wolfgang Schaeuble on Wednesday (9 July).

He added that the law would help “rule out the risk that the taxpayer would have to accept liability, as in the financial crisis”.

Webmaster's Commentary: 

The question has to be asked: how many EU banks are in deep financial trouble, and by how much?!?

Jul 10 07:47

Germany Blesses “Bail-In” Deposit Confiscation Plan For Failing EU Banks

One year earlier than required, the German government approved plans to force creditors into propping up struggling banks across Europe. As WSJ reports, Germany “leads the way” in Europe by implementing European rules quickly and “creates instruments that allow the winding-down of big systemically relevant institutions without putting the financial stability at risk.” What this means is that taxpayers (theoretically) will not be on the hook (though in reality we are sure the mutually assured destruction defense will be played – especially if Deutsche runs into problems) but as German authorities explain, “This ensures that in times of crisis mainly owners and creditors will contribute to solving the crisis, and not taxpayers.” As a gentle reminder – creditors includes depositors… remember Cyprus?

Webmaster's Commentary: 

"Hey, if the FED can take our gold, then the banks can take your savings accounts! Fair is fair!!"

Jul 09 08:47

NATO Chief Warns of Duplicity by Putin on Ukraine

The secretary general of the NATO alliance warned on Tuesday that Russia was playing a “double game” in Ukraine, issuing conciliatory public statements while massing its forces along the border and smuggling arms and equipment to separatists inside eastern Ukraine.

“There’s no doubt that Russia is heavily engaged in destabilizing eastern Ukraine, and they continue their activities,” said the secretary general, Anders Fogh Rasmussen, in an interview shortly after meeting with President Obama at the White House.

Speaking in unusually blunt terms, Mr. Rasmussen, whose term ends in October, warned the West not to be fooled by moderate statements by President Vladimir V. Putin, who he said was trying to fend off another round of economic sanctions.

“Don’t make any mistake, it’s pure tactics,” Mr. Rasmussen said. “He keeps open the option to intervene if necessary.”

Webmaster's Commentary: 

Having absolutely zero credible evidence to support his claims doesn't seem to bother this guy at all.

And he appears to be blissfully in the throes of SMD (selective memory disorder), as he appears to not at all remember that the duly elected government of Ukraine was thrown out via a Western/US/EU putsch, and Poroshenko was installed as President.

When that happened, the Crimean Parliament decided to have a referendum (considered free and fair by international observers, BTW) through which they decided to rejoin Russia.

They had always been a part of Russia, historically, until the 50s, when Nikita Khrushchev, himself an ethnic Ukrainian by birth, annexed Crimea to be part of Ukraine.

Russia did absolutely nothing wrong here.

But Poroshenko has been playing picador against Russia, just as hard and fast as he dares, and it is obvious that he is goading Russia almost to its breaking point.

So far, Putin has been very reserved in his response.

However, there may be a day coming when Putin will feel he has no other response than a military one against Ukraine, which will pit the US/Europe/NATO/Ukraine against Russia.

I would like to politely point out to those precious few adults in the bowels of power in Europe, NATO, and the US that this combination does not have the troop strength, the money, or the manufacturing to insure a positive outcome to a conventional war against Russia. Moreover, instead of spending globs of money on programs that promise much, but don't deliver (let's say,as in the case of the F-35), Russia has spent more wisely on its weapons systems.

I can almost smell the fog of war coming to this region; a bitter, acrid, foul smell of discharged weapons, co-mingled with that of blood, ultimately shed for which pretty little printed piece of paper becomes the world's primary fiat currency.

Jul 09 07:18

Portugal's Largest Bank Misses Bond Payment; Bonds Collapse

Brussels, we have a problem. As we warned 6 weeks ago, Espirito Santo International SA - is in a "serious financial condition" according to a central bank driven external audit by KPMG identified "irregularities in its accounts." Sure enough, the 'ponzi-like' maneuvers have left the bank unable to pay its bonds as Bloomberg reports bonds plunged to record lows after a parent company delayed payments on short-term notes.

Jul 08 08:22

Currency Wars - Europe Seeks Alternative To 'Dollar Imperialism'

Today in Brussels the French Finance Minister, Michel Sapin, will start a debate with his EU counterparts on how the European Union can reduce its dependency on the U.S. dollar. Should the discussion find traction it may contribute to the ongoing monumental shift in global monetary economics with the gradual decline of the dollar as the global reserve currency.

Mr Sapin said in an interview with The Financial Times, “We [Europeans] are selling to ourselves in dollars, for instance when we sell planes. Is that necessary? I don’t think so. I think a rebalancing is possible and necessary, not just regarding the euro but also for the big currencies of the emerging countries, which account for more and more of global trade.”

The U.S. dollar has enjoyed reserve currency status for most of the past 70 years. This status confers enormous power to the dollar and allows the U.S. government to fund its trade deficits at very low cost.

Webmaster's Commentary: 

Today's meeting could put the US dollar into an industrial-strength world of hurt.

The DOW and NASDAC appear to be on a strong downward spiral at this point in the morning.

Jul 07 08:25

Austria audits off-shore gold reserves

After growing public pressure among Austrians who have been sceptical about the continued existence of their country's gold reserves at the London bank, Austrian National Bank governor Ewald Nowotny confirmed at the end of May that an audit would take place.

"I acknowledge the request. Any grocery store is obliged to do inventory once a year. It is the only way of getting rid of these unreasonable allegations,” said Nowotny.

The web site Goldreporter.de states that Austria officially owns 280 metric tonnes of gold, of which 17 percent are kept in the country. Of the remainder, some 150 tonnes are believed to be stored in London.

In recent years, a rising number of sceptics have expressed concern about the continued existence of European gold deposits, especially those belonging to Germany that were being held by the US Federal Reserve.

Jul 07 07:00

Spain Issues Retroactive 0.03% Tax on Bank Deposits to "Boost Economic Growth and Job Creation"

Via translation from Libre Mercado, Spain will retroactively tax bank deposits to January 1, 2014 stating the move will boost growth and job creation.

Jul 05 09:49

NATO to set up Strategic Communications Center in Latvian capitalRead more: http://voiceofrussia.com/news/2014_07_02/NATO-to-set-up-Strategic-Communications-Center-in-Latvian-capital-3040/

Officials of Latvia, Estonia, Italy, Lithuania, Poland, Britain, and Germany have signed a memorandum on setting up NATO’s center for strategic communications in Riga, the capital of Latvia, TASS reports.

Webmaster's Commentary: 

So, NATO is setting up its "Ministry of Propaganda" in Latvia, ahead of....what?!? A military attack against Russia?!?

Please, dear God, NO!!

And after all the governmental lies about the last US/NATO FLUSTERCLUCK in Afghanistan, the codswallop emanating from such a military propaganda outlet will not believed at all, fact checked, and questioned constantly by the Independent Media.

It will be a complete, total waste of money; money which could be much more honorably spent by fixing the broken bodies and lives of those people (particularly kids) who have been maimed for life in the 13 year old occupation of Afghanistan.

Jul 05 09:34

Largest Austrian Bank Crashes After “Revealing” 40% Surge In Bad Debt Provisions, Record Loss

Austria’s largest bank by assets, and the third biggest bank in Eastern Europe after UniCredit and Raiffeisen, announced that, oops, its earlier forecast about the amount of bad loans on its books is wrong, and will have to rise by a massive 40%, leading to what will be a record $2.2 billion loss, and triggering writedowns.

Shareholders, not used to being told the truth and instead preferring sweet, little lies, promptly took the stock to the woodshed.

Webmaster's Commentary: 

I wonder just how badly the rest of the European economy will react to this next week, and the American economy as well; the dealings of large private banks are very inter-related, and yesterday was a holiday for the US stock markets.

Jul 04 17:48

Largest Austrian Bank Crashes After “Revealing” 40% Surge In Bad Debt Provisions, Record Loss

Austria’s largest bank by assets, and the third biggest bank in Eastern Europe after UniCredit and Raiffeisen, announced that, oops, its earlier forecast about the amount of bad loans on its books is wrong, and will have to rise by a massive 40%, leading to what will be a record $2.2 billion loss, and triggering writedowns.

Shareholders, not used to being told the truth and instead preferring sweet, little lies, promptly took the stock to the woodshed.

Jul 01 10:36

NATO chief to move forces from U.S. to Europe to respond to Russia in Ukraine

NATO’s top military commander said Monday that American troops from the United States will be dispatched to Europe starting in October to help respond to Russian aggression in Ukraine.

Air Force Gen. Philip M. Breedlove, supreme allied commander of the Western military alliance, said the U.S.-based troops will buttress American forces that have already been moved in recent months from Germany, Italy and elsewhere in Europe for stepped-up ground and air patrols in the three Baltic countries of Latvia, Lithuania and Estonia, plus Poland and Romania.

“It’s a very momentous time in Europe, probably the most since the end of the Cold War, especially because of the recent changes wrought by Russia,” Breedlove told reporters at the Pentagon.

Webmaster's Commentary: 

A memo to General Breedlove; sir, forgive me, but are you suffering from SMD? (Selective Memory Disorder)?

IF so, I am very sorry to hear it, but permit me, please, to lay down a little timeline for you.

On February 22nd, the duly elected President of Ukraine, Viktor Yankovych, was thrown out of office in a western/US sponsored putsch.

On the 6th of March, 20134, the Crimean Parliament requested to become part of the Russian Federation, and that was confirmed by a vote in what observers characterized as a clear and fair election. And sir, it is obvious that, as in the Sam Cooke song that starts, "don't know much about history...", you do not have a clue as to the history of this region. It was annexed by Khrushchev, himself an ethnic Ukrainian in the mid-50s, but always had strong historical ties to Russia before that. This was a choice made by the people of Crimea: Russia did not "annex" this territory.

3. In May of 2014, Petro Poroshenko, a pro-European, pro-ECB supported was elected President of Ukraine. He continues to slaughter his own people as I type this in Eastern Ukraine, and will not negotiate with any of the groups looking for more autonomy. The picture to the right of this article documents just how wonderfully this is going for the innocent people whose homes have been bombed to smithereens by Poroshenko's "scorched earth" policy. General, please take a good, hard look at this woman, probably in her late 50s or early 60s; she will never, ever get her life back, ever again, for the rest of her lifetime. This is Poroshenko's doing.

Russia has done absolutely nothing which at all deserves to be demonized, when it is the US and the West which supported the coup which drove the last duly elected president of Ukraine and replaced him with "one of their own."

And lastly, sir, please be aware; in the age of a 24/7 news cycle, in the new era of the bloggers, the "big lie" technique no longer works; one can time the destruction of such a lie with a stop watch these days.

So please, stop lying to the American people and the world about who started this mess, and about unprovable numbers of Russian forces allegedly massing on their side of the Russian/Ukrainian border, particularly when Putin has invited OCSE observers to watch what is happening from the Russian side.

Sorry sir; this dodo-bird is pure lead, in terms of completely non-factual, and will not fly.

Apr 05 12:16

Poland Announces Complete Ban on Monsanto’s Genetically Modified Maize

Anthony Gucciardi
Activist Post

Following the anti-Monsanto activism launched by nations like France and Hungary, Poland has announced that it will launch a complete ban on growing Monsanto’s genetically modified strain MON810.

The announcement, made by Agriculture Minister, Marek Sawicki, sets yet another international standard against Monsanto’s genetically modified creations...

Apr 05 07:18

IMF CRIMES Result in 77-Year Old Gov’t Pensioner Commiting Suicide In Town Square – In Response Greeks Riot

The 77-year old Greek man who ended his life in the Town Square on Wednesday left the blame squarely on the shoulders of the Bankers, which includes Goldman Sachs (Mario Monti, their agent atop the Greek government), the Rothschilds and their criminal organization the IMF. The man left a heart-wrenching suicide note which read in part:

“The government has annihilated any hope for my survival and I could not get any justice… I cannot find any other form of struggle except a dignified end before I have to start scrounging for food from the rubbish.”

Apr 05 06:25

Guenter Grass, German Nobel Winner, Criticizes Israel Over Iran Tensions

"The nuclear power Israel is endangering the already fragile world peace," Grass wrote in his poem titled:

"What must be said"

The 84-year-old Grass said he had been prompted to put pen to paper by Berlin's recent decision to sell Israel a submarine able to "send all-destroying warheads where the existence of a single nuclear bomb is unproven."

"The nuclear power Israel is endangering the already fragile world peace," he wrote. His poem specifically criticized Israel's "claim to the right of a first strike" against Iran.

Apr 05 04:51

Beggared by Banks: 'Greeks forced to kill themselves'


The recent suicide of a cash-strapped Greek pensioner is a sign of the dire situation Greece finds itself in. It can be solved only by extreme measures such as default and giving up the euro, believes financial advisor Patrick Young.

Apr 04 23:23

Surprise Video Changes Syria “Timeline”

Al Jazeera’s Shaping of the Syrian Story

Of all the myths obstructing the honest portrayal of events in Syria this past year, none has been more fiercely guarded by regime-change advocates than this one stark falsehood:

Myth – the Syrian regime has only been shooting unarmed, peaceful protestors until very recently when opposition groups finally decided to arm themselves in self-defense.

Apr 04 19:36

Britain’s Mad-House Foreign Policy

The best and cheapest way of protecting our national security is simply to eject the madmen from the Foreign Office and stop pimping for the US and its mad-dog protegé.

Let’s see how quickly the United Nations General Assembly (UNGA), with Mr Bellingham’s help, can get their skates on and straighten out the simple matter of Palestine’s status so that Israel’s strutting psychopaths can finally be brought to book.

Apr 04 19:11

In Defense of Helen Thomas: What’s Wrong With History?

Helen Thomas’s recent request to purchase a table at the upcoming White House Correspondents Association (WHCA) annual dinner has been rejected.

In a comment on that story I said, “It’s hard to imagine anything more wrong than this.”

I base my opinion on the fact that the 91-year-old Thomas, a former WHCA president, is unique among American journalists, having covered 10 different presidential administrations in a career stretching back to Dwight Eisenhower.

It is because of Thomas as much as anyone else that women were first included at the WHCA dinner since, as the WHCA’s website mentions:

Mar 13 16:58

European Commission Blames Social Networks For ACTA Failure; Worried About Its Imminent Directive On Copyright Enforcement

He noted that opposition had increased in the run-up to January’s planned vote in the US Congress on two legislative initiatives -- the Stop Online Piracy Act (SOPA) and the Protect Intellectual Property Act (PIPA) -- aimed at increasing the protection of intellectual property rights on the Internet; in the end the vote had not been held, following a hostile campaign by social networks and the loss of White House support.
It's interesting to see De Gucht linking the growing hostility to ACTA with the storm generated by SOPA/PIPA, and giving the credit for stopping those US bills to a "hostile campaign" waged by social networks. You can tell this really worries him, because he says something similar about social networks and ACTA immediately afterwards:

Feb 23 20:12

WALL STREET'S MORTGAGE-BACKED SECURITY FRAUD DESTROYED BOTH THE US AND EU ECONOMIES!

Deutsche Bank, a German lender, has sold the Fed more than $290 billion worth of mortgage securities, Fed data through July shows. Credit Suisse, a Swiss bank, sold the Fed more than $287 billion in mortgage bonds.

The data had previously been secret. It was released Wednesday per the recently-enacted law overhauling the federal financial regulation. The Fed, ferociously backed by the Obama administration, fought lawmakers' desire for full disclosure throughout the financial reform debate.

Webmaster's Commentary: 

BUMP BACK TO THE TOP

As detailed in "Bankers Gone Wild", mortgages were cranked out by unscrupulous mortgage brokers, then bundled together into mortgage securities, which were in turn re-sold to investors as triple-A investments, even though the bundles included sub-prime mortgages already defaulting as US jobs were shipped overseas.

These mortgage-backed securities are a Wall Street invention! And at first they appeared to be immensely profitable, so not only were US financial corporations, investment houses, and pension funds buying them, but so too were non financial corporations and major foreign banks including Deutsche Bank and Credit Suisse.

But those early profits were a fiction, and we now know that many of the sellers of mortgage backed securities were engaging in Ponzi scheme activity, using proceeds from sales of mortgage backed securities to pay "earnings" to earlier investors, while the same SEC that had turned a blind eye to Bernie Madoff's $65 billion swindle looked the other way!

Worse, we now know that individual mortgages were pledged as collateral to multiple security bundles, which is illegal! This is briefly mentioned at 3:48 in the next video.

The criminal fraud even went further than that! In the case of Countrywide (now part of Bank of America) the actual titles were never really transferred, leaving the investment bundles entirely unsecured!

What appears to have happened is that the European banks realized that the American investment firms selling those mortgage-backed securities were engaging in fraud! Greenspan has admitted to such.

As the banks of Europe began to feel the major losses from the fraud, they turned to their local governments for financial assistance. In turn, those governments were forced to apply for loans from the International Monetary Fund, plunging their people deeper into debt, and the governments under the control of the private bankers! Indeed one must wonder if this multinational financial fraud had as its ultimate objective the forcing of the entire western world under the control of a giant private bank!.

Obviously, the people of Europe are refusing to be chained to a global bank and seem far more worried about their freedoms than their American counterparts. Yet a quick Google search shows the media encouraging the nations hit with this massive financial fraud to apply to the IMF for more loans, never mentioning that in their indebtedness lies the end of their national sovereignty!

Ultimately the European banks are never going to sit still for fraud, even from Wall Street, and even from the USA! In order to reduce their losses and avoid more IMF entanglements, the European banks demanded a refund on those fraudulent investment packages. No doubt the Wall Street mortgage fraudsters refused, suggesting that the bankers of Europe dump their losses on their populations just as the American banks were being forced to do. That some European banks did so explains why so many European nations are in financial trouble. However, the larger European banks may have decided to "get tough" with the Americans, and this may explain the mysterious electronic run on the US financial system on September 18th, 2008, which almost crashed the US economy. Strangely, the American people were never informed who had initiated the financial transfers, even though obviously this information is recorded in the transactions on the computer systems.

This "attack" may have been a warning from the European main banks to the US to make good on the bad investments, or risk full public exposure for the mortgage backed securities fraud!

Soon after, we learned that the Federal Reserve was handing out trillions and trillions of dollars, loans which the American people are expected to repay, only the Federal Reserve refused to say who was getting the money, and even implied that exposure of the recipients of these trillions of dollars might pose a threat to the US economy. Now, nearly two years later, we find out that the Federal Reserve was buying back the mortgage-backed securities from European banks including Deutsche Bank and Credit Suiss. The reason this was kept secret was that the American people were being told that all these "bailouts" would be repaid, yet common sense tells us that profit cannot be made from an exposed fraud! The Fed could not admit to owning all those mortage-backed securities without being forced to answer the question of just exactly why they were not producing any earnings, with the usual "it was all the borrowers' fault" excuses wearing thin even then! As cash left the nations financial system to cover the repurchase of the fraudulent mortgage backed securities, banks found their balance sheets slipping into the red. The banks were being driven into insolvency making good on the bad paper and this is what triggered the epidemic of fraudulent foreclosures. Banks needed real assets on their balance sheets as quickly as they could to get their balance in the black and their banks out of insolvency. So shortcuts were taken which became known as "foreclosuregate". For some banks, it was too late. Hundreds of banks either dragged down by the fraudulent mortgage securities or made insolvent buying back the bad paper, have been shut down. For other major banks and financial institutions, the tactic worked and they stayed afloat, for which making millions of Americans homeless seemed a small price to pay! Indeed one might explain the hitherto unexplained reluctance by the Federal Government to stem the offshoring of American jobs as a deliberate policy of setting up Americans to lose their homes in order to preserve the capital structure of the banks!

In other words, the American people were looted to make good on the fraud perpetrated by Wall Street not only against American financial institutions, but bankers in the Eurozone as well.

The Wall Street Fraudsters should have gone to jail. But they walk free and clear, saved from the FDIC and prison, heading into a wonderful holiday with record-setting bonuses to spend while ordinary Americans have been made jobless, homeless, and hungry to keep the criminals out of prison.

The Mortgage Backed Securities fraud is the biggest fraud in the history of the United States, and as today's revelations make clear, we still do not know the full scale of the financial rape this nation has suffered.

Jan 16 11:22

Cruise disaster: Perfect storm of events caused Costa Concordia crash

The first official inquiry into how one of the world’s most modern and best-equipped cruise liners could capsize began last night as the Italian coastguard recovered the Costa Concordia’s “black box”.

Jan 16 10:33

Timing the End of German Chancellor Angela Merkel and French President Nicolas Sarkozy

Neither German Chancellor Angela Merkel nor French President Nicolas Sarkozy is likely to survive the European sovereign debt crisis.

The timing of the demise of Sarkozy is easy to predict. Polls suggest he will be not win the May 6 election and he might not even survive the first round of voting on April 22

Jan 15 08:34

Hungarians hold anti-EU demonstration

Thousands of Hungarians have protested against the European Union, urging their country to pull out from the bloc while Budapest seeks EU's backing to evade insolvency.

Oct 20 15:17

Sedan again as Germany imposes terms

There is an "unequivocal commitment" that haircuts will be confined to Greece alone. If you believe that, I have some ocean-front property to sell you in Alsace.

Fresh details soon.

Oct 20 15:14

EU Considers Temporary Bans on Sovereign Ratings

The European Commission is leaning toward proposing a ban on the issuing of sovereign credit ratings for countries in bailout talks, a top official said on Thursday.

Webmaster's Commentary: 

Basically, this is like asking for a credit card but refusing to turn over your credit scores, and the EU us not doing this because the numbers are good!

Apr 18 19:31

FLASHBACK - The Hackett Group: Acceleration of Offshoring Trend Driving Loss of Millions of Finance and IT Jobs in U.S. and Europe

There's no end in sight for the jobless recovery in business functions such as corporate finance and IT, in large part due to the accelerated movement of work to India and other offshore locations, according to new research from The Hackett Group, Inc. (NASDAQ: HCKT). The dramatic job losses seen by U.S. and European companies in 2008 and 2009 are expected to continue through 2014, according to The Hackett Group.

Webmaster's Commentary: 

The US Government took your jobs, so that the bankers could take your homes, and make you think it was all your own fault! Here we are in 2011 with a 46% employment rate and a 60 year low in tax revenues while the government scratches their head, wonders what the hell happened, and goes right back to showering money all over Wall Street, Israel, and the Military-Security-Industrial complex.!

Dec 11 10:48

White House Intensifies Military Buildup In Poland

Immediately on the heels of reports in the Guardian and other Western news media that the U.S.-led North Atlantic Treaty Organization has crafted a strategy to intervene with nine army divisions in the Baltic Sea area, President Barack Obama met with his Polish counterpart Bronislaw Komorowski at the White House and confirmed plans to increase U.S. military hardware and troops in the latter’s country.

The two heads of state agreed on expanding bilateral military relations "in the spirit of the 2008 U.S.-Polish Declaration on Strategic Cooperation," [1] including the stationing of 16 U.S. F-16 jet fighters and four C-130 Hercules military transport planes on Polish air bases beginning in 2013.

Webmaster's Commentary: 

Russia cannot possibly be pleased with these developments, and these actions on the ground by the US in Poland cannot be interpreted as peaceful toward Russia.

Dec 11 10:23

Crisis of the European Monetary System: The Euro Zone is on the Edge of Collapse

The bailout packages arranged for Greece and Ireland are not to bail out those two countries, but to bail out the European banks that lent to them and bought their bonds when it was imprudent to do so. The IMF has its nose under the blanket. It will lend and participate, so that it can serve its masters by keeping these wayward states completely in austerity and bondage for the next 50 years and in that process relieve them of their sovereignty. As all of Europe belatedly understands, one interest rate can never fit all.

Dec 10 08:39

FORMER EUROPEAN LEADERS: SANCTION ISRAEL OVER SETTLEMENT BUILDING

6 former top EU officials, including ex EU chief Solana and former German President Richard von Weizsacker, urge world powers to confront Jerusalem over its refusal to obey international law.

Dec 10 07:51

BAILED-OUT IRISH BANKERS GET £34M BONUS

FURY was mounting last night as it emerged that Irish bankers will pocket multi-million pound bonuses after being bailed out by British taxpayers.

Dec 10 07:20

Anarchy in UK: Video of Prince Charles's car bottled in London's protests

Total Kudos to RT for this footage :)

Dec 10 07:18

'They were lucky not to be shot': Police chief says armed officers showed 'enormous restraint' as mob attacked Charles and Camilla

http://www.dailymail.co.uk/news/article-1337088/ROYAL-CAR-ATTACK-Mob-a...

* Prince's Rolls Royce set upon on way to Palladium
* Camilla cowers in fear as car is hit with paint bombs
* Met chief hails armed officers 'restraint' during attack
* Scotland Yard to hold major inquiry into security lapse
* Cameron: Rioters must be arrested and punished
* Anarchists boast of success and plan more disruption
* Student has surgery for blood clot on brain after riot

Met chief Sir Paul Stephenson today mounted an extraordinary defence of armed protection officers after the worst Royal security blunder in a generation.

Dec 09 20:38

Ireland proposes 90% bank bonus tax

Irish Finance Minister Brian Lenihan said on Thursday he would impose a 90 per cent tax on bankers’ bonuses, in a move to try to silence critics who have said the banking sector drove Ireland into the ground.

“As far as the future is concerned I do propose to introduce the amendment to the finance bill to put this matter beyond any doubt and provide a high rate, a 90 per cent rate of charge on any ... bankers’ bonuses,” Mr. Lenihan told local radio.

Dec 09 09:08

VIDEO - And A Child Shall Lead Them...

A 15 year-old tells the establishment to shove it...

Education gets cut while the war machine devours the budget. End the wars, cut the military-industrial killing machine by 50%, and then you can ask us for sacrifice. Until then, kindly shut the fuck up.

BRILLIANT CLIP - MUST SEE

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Dec 08 12:09

Sentenced to Debt: 'EU bosses, not people must pay for Euro Fail'

RT interview ends with Ron Paul interview preview!!

Dec 08 09:13

Hapless Eurozone Emergency Meetings on How Big To Make New Bail-Out Funding? It Won't Matter!

In reality, discussions about "bailout" and "reassuring markets" are exercises in farce. Despite all the quacking, supposedly to calm the "bond markets," the bailout approach guarantees doom. Only financial reorganization through the Glass-Steagall principle can work.

Dec 08 08:33

Italian cuts spark fight at the opera for La Scala

Scuffles have erupted outside Italy's famous La Scala opera house in Milan during a protest against proposed funding cuts to the arts and education.

Opera house workers from across Italy were rallying peacefully ahead of a protest speech by conductor Daniel Barenboim when trouble broke out.

Students clashed with police wielding truncheons and using teargas, and 14 officers suffered minor injuries.

The audience inside applauded Barenboim for his impassioned defence of culture.

Webmaster's Commentary: 

The globalists wanted global government and global economy, and to get it, they needed global poverty. But now the plan is understood by the people of the world, and the plotters may just have set the stage for a truly global revolution.

Every half century or so, it seems the world is cursed with a few individuals who want to stand atop a pyramid built to their own glory and scream how they are the rulers of the world, and that no sacrifice of other peoples' lives and money is too great a price to pay for the attainment of that dream. It is happening again right now with a clique of sociopaths who want to bring about a global government through lies, deceptions, and enforced mass poverty, because they believe that whatever gods they sacrifice to want the world to be that way. Such true believers will never admit they are wrong, indeed history shows they cannot ever admit they are wrong, and the long train of revolutions stretching back to the dawn of time illustrates just what happens when such fanatical self-indulgence meets the real world.

Dec 08 08:22

IMF chief due in Athens, protests planned

Webmaster's Commentary: 

πίσσα και πούπουλα

Dec 08 08:20

Transport strike brings Athens to halt

Public transport has come to a halt in Athens as union workers slap the Greek capital with crippling strikes in protest to the government's austerity measures.

Dec 08 04:45

France 'will recognize' Palestinian state

France has declared that it will recognize a free and independent Palestinian state based on borders before the 1967 war, becoming the first European nation to do so.

Dec 08 00:47

A DISGRACE : BRITISH MINISTERS DISCREDIT RULE OF LAW

The UK, like all other countries that think themselves civilized, is under an obligation to enact legislation.
If that is not done then double standards become very manifest;

By Stuart Littlewood

Professor Richard Falk put it most eloquently:

“The idea of Nuremberg after World War Two was that crimes against the peace, crimes against humanity and war crimes are also offenses against the whole of international society…”

Dec 07 20:23

ALAN SABROSKY : WIKILEAKS REPRISED — A WHIFF OF…WHAT?

From what the press is reporting about this Wikileaks “dump,” perhaps 10% are Secret or Confidential, the rest Unclassified, and nothing is Top Secret or above.

The one striking exception in all of this global tour de farce is the Middle East. Certainly, even aside from Wikileaks founder Julian Assange’s fulsome praise of Binyamin Netanyahu, what is said and what is not represent the message Israel and its partisans in the US Government (itself heavily Zionist and “Israel First” in orientation) want the world to hear, believe and accept. The message coming across in the US diplomatic cables could have been designed and drafted by Avigdor Lieberman, and who knows? It may have been….

Dec 07 20:23

Jim Rogers: 'Britain is totally insolvent'

http://www.thisismoney.co.uk/news/article.html?in_article_id=519495&in...

US speculator Jim Rogers is known for his outspoken views but today went further than usual suggesting Britain is 'totally insolvent'.

In an interview on business TV channel CNBC, Rogers, who made his name making millions while partnered with legendary financier George Soros, suggested Britain was the true sick man of Europe.

He said: 'Greece is insolvent, Portugal has a liquidity problem, Spain has a liquidity problem, Belgium has been cooking the books for a long time, Italy has been cooking the books for a long time and the UK is totally insolvent.'

Dec 07 17:11

Irish lawmakers offer initial OK for brutal budget

Shawn Pogatchnik
Associated Press

DUBLIN (AP) -- Lawmakers narrowly approved tax hikes as part of Ireland's most brutal budget in history, a euro6 billion ($8 billion) slash-and-tax plan imposed as a key condition of the nation's international bailout . . .

Dec 07 12:30

Irish people owe nothing to banks & billionaires - refuse to pay now!

Ireland faces the most severe welfare cuts and tax hikes in its history - the high price it has to pay for receiving an international bailout. The budget is about to face a parliamentary vote, with protesters gathered outside the Parliament building. But Socialist Party MEP, Joe Higgins believes the Irish financial system is already broken beyond repair.

Dec 07 11:17

Rage Against Cash Machine: Bank Run Day take-away to trash financial terror?

French bankers have a nervous day ahead. They're waiting to see whether a campaign calling on depositors to withdraw all their money will really catch on. It's been organized by a former French football star against what he calls the 'corrupt and criminal' financial system.

Dec 07 09:44

Cantona's call for run on the banks causes French alarm

FRENCH ministers and bankers have issued warnings that an appeal by Eric Cantona, the former Manchester United footballer, for people to withdraw all their money from banks could propel France into economic chaos.

Webmaster's Commentary: 

It is already in chaos, because a private central bank issuing the public currency at interest is a pyramid scheme that eventually must collapse. The chaos we see is not the fault of the people, who have an inherent right to withdraw their money from the banks any time they wish. The chaos is the fault of the bankers who profit from the pyramid, then when it collapses, demand the people pay for the bankers' failure.

Dec 07 09:41

BoI phone, online and ATM services disrupted by technical fault

Bank of Ireland customers are being affected by a technical fault, which is disrupting access to the bank's telephone and online services.

There is also a restricted cash service at the bank's ATMs.

Webmaster's Commentary: 

A GOOD DOSE OF IRISH BLARNEY!
ATM machines are either working or not working due to technical issues. If they are limiting cash withdrawals it is because they are terrified that Eric Cantona's call for a "Bank Out" protest will reach Ireland. So we get a huge double-shot of 100% Irish Banker-Blarney to explain why the Irish People are not allowed to get their own money back from the bank.

Dec 07 09:37

Bank of Ireland's cash systems limited by "technical glitch" just in time for Europe "Bank Out" protest!

Bank of Ireland confirms that an unforeseen technical issue has impacted some of our operating systems this morning and our telephone and online banking services are currently unavailable. However, all branches are open and operating as normal but with a temporary restricted cash service.

Webmaster's Commentary: 

BLARNEY!

Dec 07 08:55

Eric Cantona: "Kill The Banks!" - Banque Stop! - European Bank Run TODAY

VIDEO - Eric Cantona

"We have to change the way we do things nowadays. Talking of revolution, I don't mean we are going to pick up guns and go out to kill people. Revolution is very simple to do nowadays"

"What's the system? The system revolves around banks. The system is built on the banks' power. So it can be destroyed by the banks. Instead of having three million people going out to demonstrate with a placard, those three million people go to their bank branch, they withdraw their money and the banks crumble." He directed people: "You go to your bank in your village and you withdraw your money."

TODAY IS THE DAY - LET'S GO EUROPE

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Dec 07 08:52

FLASHBACK - French Letter Revolution on December 7 2010

I have few means and I cannot participate in this spontaneous and peaceful citizen initiative while depriving you of the my finances, but know that to count of this day some citizens decided to take their destinies in hand while withdrawing their liquidités, by closing their current accounts and save of your damned private banks, one knows it, under the stateless and selfish yoke of an elite.

This first act will be can be marginal, but it will amplify himself. The citizen that I am desires that the transmission of the change no longer is under "checks" private but comes back to the nation, sovereign, that she rediscovers the essential and basic right the transmission of his changes and of the "management" his inflation…

Dec 07 08:36

WikiLeaks: Nato allies have secret plan for defending eastern Europe from Russia

The plan, which is code-named Eagle Guardian, was secretly agreed in January and covers the defence of Poland, Estonia, Latvia, and Lithuania by troops from the US, Britain, Germany and Poland.

It expands an existing plan to cover the Baltic states and was initiated by Germany after years of diplomatic wrangling within the western alliance over the defence of the region.

Dec 06 11:50

The choice is made: banks over people

Banks are really what this is about; it's the reason for the Irish bailout and bilateral assistance from the UK (and non Eurozone countries Sweden and Denmark, who have also chipped in). The banks cannot be allowed to fail, if they do a catastrophe of Biblical proportions will be unleashed. But in doing this, the citizens are to suffer; society can crumble, but the banks must be steadfast. “The purpose of the external financial support is to return our economy to sustainable growth and to ensure that we have a properly functioning healthy banking system”, an Irish government statement read. They made the choice; of the total bailout fund, €35 billion will go towards bank recapitalisation.

Dec 06 05:29

WikiLeaks: Obama administration shocked by Europe banking transactions rebuke

In a leaked cable from the US embassy in Berlin, diplomats wrote: "Paranoia runs deep especially about US intelligence agencies."

It added that the embassy was "astonished" to learn how quickly rumours about alleged US economic espionage had taken root among German politicians.

The scheme was created amid much secrecy by the George W Bush administration after the September 11, 2001 attacks.

Dec 06 04:47

GORDON DUFF: “AIPAC ORDERED BUSH TO ATTACK IRAN”

A LOOK BEHIND THE CURTAIN

In a unique interview with an official at the highest policy levels of the Pentagon, White House and, eventually, CIA, we are offered a unique “behind the curtains” look at areas of policy making during the period between 1999 and 2007. Extensive notes have been taken of meetings with President Bush and all his top policy advisers. This is only a teaser.

A highly placed source within the White House and CIA confirmed, in an interview, that the invasion of Iran was scheduled for 2006 but planned in 1999. We have heard some of this before but not with so many pieces and, I am told, more to come.

Dec 06 04:40

WAYNE MADSEN : THE ISRAELI LOBBY OWNS THE CONGRESS, HOLLYWOOD AND THE WHITEHOUSE

INTERVIEW BY KOUROSH ZIABARI

Kourosh Ziabari: There are many unanswered questions regarding the catastrophic attacks of September 11, 2001 about which you’ve written extensively. Several investigative journalists believe that the attacks were an inside job planned by the FBI and perpetrated by Israel or elements connected to Mossad. Former Italian President Francesco Cossiga has categorically expressed that the 9/11 attacks were a joint operation of FBI and Mossad. General Hamid Gul, the former head of Pakistan’s Intelligence Service believes that Israel was behind the attacks, too. What’s your estimation of these theories, their veracity and reliability? Is it demonstrable that the 9/11 attacks were a false flag operation or an inside job?

Dec 05 16:34

WIKILEAKS EXPOSES ISRAELI MAFIA’S GROWING INFLUENCE

Cable reveals Mafia-government connection — But US media don’t care to dig for the story

By Justin Raimondo

I love how the pundits are yawning over the latest WikiLeaks revelations: oh, there’s nothing to see here, it’s all so boring, no “smoking gun,” so let’s just move right along. These people are just plain lazy: they want “scoops” delivered to their front doors, all neatly packaged and labeled as such. In short, they don’t want to have to do any work, beyond the usual cut-and-paste. Which is why a lot of the really juicy stuff coming out of WikiLeaks continues to elude them.

Dec 05 07:41

PAUL BALLES : CHICKENS COME HOME TO ROOST

Why is the American public generally unaware of Israel’s theft of U S military secrets?

The Western media adamantly refuses to report anything critical of Israel.

Gordon Duff, Senior Editor at Veterans Today, observed that “America learned, long ago with the infamous Jonathan Pollard case, that secrets going to Israel end up in the hands of America’s enemies.”

According to Duff, “America’s most vital Cold War defence information, nuclear technology, air defence systems, classified weapons and even NATO defence plans in case of a Soviet invasion of Western Europe, all went to Russia as part of an arrangement between the Soviets and Israel. Pollard is doing life in prison for this.”

Dec 05 07:24

RICHARD FALK : Ahmet Davutoglu — Turkey’s Foreign Minister

Given the flow of recent events I felt it might be helpful to make my appreciation of Davutoglu’s approach and achievements available to an American voice.

Over a year ago I published a short profile of the Turkish Foreign Minister, Ahmet Davutoglu, in the Turkish daily newspaper, The New Zaman. After the May 31, 2010 flortilla incident involving an Israeli attack on the Freedom Flotilla led by the Turkish passenger ship, Mavi Marmara, Mr. Davutoglu demanded an apology from Israel as the basis for the restoration of normal relations. Along with other Turkish leaders, Davutoglu questioned the Israeli narrative and criticized Israel for its brutal tactics that defied international law and morality.

Dec 04 08:50

DR. LAWRENCE DAVIDSON: ON THE HISTORICAL NECESSITY OF WIKILEAKS

“But what about democracies? Well, the truth is that they too are run by political and economic elites whose interests are rarely the same as the general public. That is why, when the government uses the term “national interest,” one should always be suspicious’....by Dr. Lawrence Davidson

Dec 04 03:11

FRANKLIN LAMB : BELLEMARE’S STL ‘PROCEDURAL’ PROBLEMS

Indict, Quit and Blame the system!

Based on phone and internet discussions with international lawyers at the London School of Economics, the International Court of Justice in the Hague, and colleagues who work in the area of Public International Law an emerging consensus is developing concerning perhaps fatal procedural issues that continue to arise at the STL. Such problems, which make it unlikely that the Hariri Assassination case will ever go to trial. Some international lawyers who have worked on international tribunals, are familiar with Rules of Procedures at the ICJ and the ICC and are following the STL are increasingly concluding that there will not be a Trial.

Franklin Lamb’s Saturday Mideast Report –- Al Manar
PRESS TV — ‘Tribunal is Israel’s 6th war on Lebanon’

Dec 04 00:25

WIKILEAKS SHOCKER: Did Abbas know in advance about the devastating blitz on his countrymen in Gaza?

By Stuart Littlewood

One of the most grotesque Wikileaks revelations so far is the disclosure that Palestinian top dog (Fatah section), Mahmoud Abbas, was told in advance about the murderous assault on his countrymen in Gaza two years ago.

Some claim that the Wikileaks reye-openers are a ‘dirty tricks’ operation by people with a large axe to grind. It is certainly odd that ‘evidence’ is selected to portray Arab states as eager to see Iran zapped for an unproven nuclear threat when, actually, the Middle East is far more anxious about the very real and present nuclear threat from Israel.

Dec 04 00:22

JEFF GATES: WIKILEAKS AND THE SOUND OF SILENCE

The facts suggest that WikiLeaks is less about the right to know than the right to deceive.

Jeff Gates

The scope and scale of WikiLeaks is a marvel to behold. Some praise it as the ultimate form of democracy. Others as the epitome of the most sacred of liberty’s principles: the right to know.

Yet the real story here is not what’s revealed but what’s withheld. The marvel is not what we now know but what is already known that is left unsaid. And what is given an interpretive spin by those newspapers granted priority access.

Dec 03 00:52

Press TV's with Max Keiser, FED balance sheet is "Destabilising"

*Banking system is broken
*Social unrest will continue
*Wealth goes to the top 1%, they're not creating jobs
*FED balance sheet is "Destabilising"
*How bad can it get?
*Next 6-9 months the backlash will start

Dec 03 00:42

Keiser Report 100: Centurion Nails Bankster’s Coffin

This time Max Keiser and co-host Stacy Herbert look at Crash JP Morgan Buy Silver video contributors being mobbed by fans after appearing on the Keiser Report. We also look at the scandals of Hillary Clinton stealing credit card numbers and senior bondholders taking no haircut. In the second half of the show, Max Keiser talks to Gonzalo Lira about the Irish debt crisis.

Dec 02 19:23

US Dollar rises: Thanks a bunch Europe!


Critics who worried that QE2 would crush the dollar have been silenced.

Not that we should create glory out of a very bad global situation , (*but we are really living large now , aren't we , gang ? )

Dec 02 18:42

Europe’s hidden billions:

Europe’s hidden billions: Cohesion for a reason

Dec 02 18:12

How to resign from the club

Breaking up the euro area
How to resign from the club
The barriers to leaving are high but could still be crawled over by a country determined to leave

The idea of breaking up the currency zone raises at least three questions. First, why would a country choose to leave? Second, how would a country manage the switch to a new currency? Third—and perhaps most important—would leavers be better off outside the euro than inside it?

The main reason why a country might choose to leave the euro is to regain the monetary independence it sacrificed on joining and to set monetary policy to suit its own economic conditions.

Dec 02 10:55

IRELAND: Does 'Protocol 20' sound familiar?

How much coincidence can intelligence reasonably bear?

Read below and ask yourself......Is it not clear that Ireland's 'venal ministers' (verse 33) have sacrificed their country on an altar of destruction?

Is it not also clear that this is the fate intended for all nations in order to bring us under the absolute control of some single authority?

You can guess the nature of that 'authority' for yourself.

Here are some extracts from just one chapter of 'the Protocols of Zion'.

Protocols of Zion, Chapter 20

Dec 02 10:17

Brrritain: snow causes travel chaos in the UK as the cold snap continues

Brrritain: snow causes travel chaos in the UK as the cold snap continues
This satellite image shows a snow-covered Britain on 2 December 2010. The image was taken by NASA's Terra satellite and released by the University of Dundee.

Dec 02 09:16

UK banks borrowed more than $1 trillion from US Federal Reserve

British banks borrowed more than $1 trillion (£640bn) from the Federal Reserve during the financial crisis, led by Barclays following its swoop on the US business of Lehman Brothers.

The disclosures came because the Dodd-Frank Wall Street Reform Act forced the Fed to reveal which banks and companies it lent money to in an effort to shore up the financial system from the end of December 2007 onwards.

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