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BRICS dumping euro amid simmering EU banking crisis

April 1, 2013 in Uncategorized

Robert Bridge  —  rt.com

euro-__set-back-a-generation__-by-eu-banking-crisis.siBrussels has been forced to eat a generous slice of humble pie: A massive sell-off of the euro is underway in the wake of a persistent financial crisis, as holdings in the European currency by emerging economies were slashed by almost 8 percent last year.

Emerging economies – including Brazil, Russia, India, China and South Africa ( BRICS ) – are dumping the euro, having sold €45 billion of the currency in 2012, according to data gathered by the International Monetary Fund.

The euro represents just 24 percent of their reserves, the lowest level since 2002 – the year when euro coins and banknotes first entered circulation – and down from a peak of 31 percent in 2009. At the same time, the euro’s share of total global reserves has also fallen. This change of fortune for the euro is blamed on several factors, including sovereign debt crises and rapid growth by BRICS nations. Read the rest of this entry →

Tar Sands Pipeline Bigger than Keystone XL & Headed for the Great Lakes

March 31, 2013 in Uncategorized

by LakeSuperior  –  dailykos.com

Friday’s Federal Register contains notice of another major proposed Presidential Pipeline permit action, along with a draft Environmental Impact Statement.  Enbridge is proposing to increase the transport capacity of its formerly named “Alberta Clipper” pipeline extending from Hardesty, Alberta to Superior, Wisconsin.

Once the Presidential Permit is granted and construction modifications completed on this existing pipeline installed in 2010, crude handling capacity of what is now called “Line 67″ will significantly increase.

According to the FR notice, that line is presently delivering 450,000 to 500,000 barrels per day.   Most of this will be synthetic heavy sour crude from Alberta tar sands production.

The proposed Presidential Permit would authorize modifications to the facility allowing an eventual transport rate of 880,000 barrels per day —- larger than the 830,000 barrels per day for the Keystone XL Pipeline.

While Enbridge has pipelines extending from Superior, WI to other points in
the Midwest and southern Ontario, recent news articles indicate industry plans to increase shipping of petroleum products on the Great Lakes, along with a proposal
for a marine petroleum loading terminal in Superior, WI. Read the rest of this entry →

Elizabeth Warren Embarrasses Hapless Bank Regulators At First Hearing (VIDEO)

February 15, 2013 in Uncategorized

huffingtonpost.com

WASHINGTON — Bank regulators got a sense Thursday of how their lives will be slightly different now that Elizabeth Warren sits on a Senate committee overseeing their agencies.

elizabethWarrenConfrontsBankRegulators

At her first Banking, Housing and Urban Affairs Committee hearing, Warren questioned top regulators from the alphabet soup that is the nation’s financial regulatory structure: the FDIC, SEC, OCC, CFPB, CFTC, Fed and Treasury.

The Democratic senator from Massachusetts had a straightforward question for them: When was the last time you took a Wall Street bank to trial? It was a harder question than it seemed.

“We do not have to bring people to trial,” Thomas Curry, head of the Office of the Comptroller of the Currency, assured Warren, declaring that his agency had secured a large number of “consent orders,” or settlements.

“I appreciate that you say you don’t have to bring them to trial. My question is, when did you bring them to trial?” she responded.

“We have not had to do it as a practical matter to achieve our supervisory goals,” Curry offered.

Warren turned to Elisse Walter, chair of the Securities and Exchange Commission, who said that the agency weighs how much it can extract from a bank without taking it to court against the cost of going to trial.

“I appreciate that. That’s what everybody does,” said Warren, a former Harvard law professor. “Can you identify the last time when you took the Wall Street banks to trial?”

“I will have to get back to you with specific information,” Walter said as the audience tittered. Read the rest of this entry →

State of the World Address

January 21, 2013 in ANON NeWs, Editorial, Finance, Headline, Occupy, Politics, Uncategorized, World News

Nick Hathaway –  Roguemedia.org

Things are not well for our planet.  If you were not already aware of this,  you need to start paying more attention.  Possibly,  get off the couch or armchair,  and do something about it..

Where to start, really?  How do you begin talking about all the problems facing us, the human race, right now?  Do i start with global warming and climate change that we are all seeing happen right now?  Do i talk about some of the biggest and most fascist governments this world has ever seen, squaring off in a cold war style fight for the earths resources with no thought at all about the possible outcome, the inevitable wars, or if it is even good  for our planet and way of life to use some of these resources and pollute our air and water, not to mention the land we get our food from….

stateOfTHeWorldDo I talk about the corporations that now seem to in fact run these governments? Do I talk about all the dis-information these governments are trying to feed us, the people,  so we buy into the lie and just keep going to work day after day,  not doing anything about the problems facing our planet.

There is really so much to say,  so much to do, that it is amazingly difficult at times to even pick a place to start.

We all need to do our part,  think globally,  act locally within your community.  Start getting communities meeting with each other face to face and start talking about how to deal with the world around us.  TURN OFF YOUR TV !!   GET OFF THE COMPUTER AND TALK TO PEOPLE !!   MAKE A DIFFERENCE !  DIRECT ACTION, NOW !!!!

The truth is,  we do not have time to wait for politicians to try “fix” the problems,  THE FIX IS IN, and they have rigged the game for so long we are all FUK’T if we don’t get up and do something about it now.

 

 

 

The Money Masters – the Rothschild mafia controlled the Fed and the national Central Banks

April 26, 2012 in Uncategorized

occupy the midwest, 5 hours in town, roguemedia videographer is smashed into concrete sidewalk for filming police violence.

April 15, 2012 in ANON NeWs, Headline, Occupy, Politics, Uncategorized, Update, Video Perspective, World News

full video from a rogue videographer arrested in St. Louis for filming police violence.

 

Occupy Main Street Every Friday!

April 13, 2012 in Uncategorized

Submitted by OLA Web Team on

Bring your tents, bring your blankets, bring some extra tarps if you can! Hot drinks and food are always welcome as well, tonight hot drinks would be awesome with the terrible weather! Every Friday night, OLA, Occupy the Hood LA, Occupy Skid Row, and visitors from other southern california occupations Occupy Main Street between 5th and 6th. (Near LACAN) We do this to raise awareness of the over 13,000 people who live on Skid Row, and are being pushed out of the only place that has services for them by gentrification.

Please join us, every friday night, we march from Pershing Square to Main Street after our General Assembly!

Bradley Manning, Solitary Confinement and Occupy 4 Prisoners

February 23, 2012 in Uncategorized

by Bill Quigley

Today US Army Private Bradley Manning is to be formally charged with numerous crimes at Fort Meade, Maryland.   Manning, who was nominated for the Nobel Peace Prize by members of the Icelandic Parliament, is charged with releasing hundreds of thousands of documents exposing secrets of the US government to the whistleblower website Wikileaks. These documents exposed lies, corruption and crimes by the US and other countries.  The Bradley Manning defense team points out accurately that much of what was published by Wikileaks was either not actually secret or should not have been secret.

The Manning prosecution is a tragic miscarriage of justice.  US officials are highly embarrassed by what Manning exposed and are shooting the messenger.  As Glen Greenwald, the terrific Salon writer, has observed, President Obama has prosecuted more whistleblowers for espionage than all other presidents combined. Read the rest of this entry →

The Empire Strikes Back – Against Labor

February 16, 2012 in Uncategorized

This type of bounty hunter, or private military agent might not be as far in the future as we might have thought

If you’re looking for evidence of just how confident, militant, and insufferably arrogant companies have become in recent years, look no further than the phenomenon of the lockout.  A lockout is where a company closes its doors, refusing to allow its union employees to return to work until they accede to company demands—demands that typically call for staggering cuts in wages and benefits.

Unlike strikes—which, as the ultimate manifestation of employee dissatisfaction with management, are a universally recognized form of protest—lockouts are a form of extortion.  A lockout represents an unambiguous threat, an ultimatum.  Management figuratively places a gun to the employees’ heads and says take it or leave it.

There was a time not long ago when strikes were a regular part of the American economic landscape, and when, conversely, lockouts were about as scarce as hen’s teeth.  In fact, lockouts were practically unheard of.  But given that the business world has been recalibrated—and given the availability of replacement workers, part-timers and temps, coupled with the weakening of state and federal labor laws—strikes are now relatively uncommon, and, in a reversal, lockouts have become management’s new weapon of choice.

Read the rest of this entry →

In Washington, Fear the Silence, Not the Noise – Crackdown on Whistleblowers in the Military

February 14, 2012 in Uncategorized

One thing is obvious.  No one ever joins the government in order to be a whistleblower or leaker.  Whistleblowers are created, not born.  To offer an example, as Peter Van Buren is happy to admit, before he spent a year on two forward operating bases in Iraq running a State Department provincial reconstruction team, he was “a more or less content Foreign Service Officer.”  It is perhaps typical of whistleblowers and leakers that something they are privy to simply pushes them over the edge.

Read the rest of this entry →

Have Bees Become Canaries In the Coal Mine? Why Massive Bee Dieoffs May Be a Warning About Our Own Health

February 12, 2012 in Uncategorized

What scientists are beginning to understand about the cause of colony collapse could be a message for all of us.

It’s often said that we have bees to thank for one out of every three bites we take of food. In addition to producing honey, honeybees literally criss-cross the United States, pollinating almonds, oranges, melons, blueberries, pumpkins, apples, and more. And while carrots are a biennial root crop that are harvested long before they flower, all carrots are planted from seed, and honeybees pollinate the carrot flowers that produce the seeds. Other species of bees, both social and solitary bees, pollinate other crops. And the populations of all these species of bees are in decline.

The decline of bees has been in the headlines for several years, and theories to explain their deaths abound. But perhaps there is not just one single cause. University of California San Diego professor of biology James Nieh studies foraging, communication and health of bees. “I would say it’s a combination of four factors; pesticides, disease, parasites, and human mismanagement,” says Nieh. Bees might be weakened by having a very low level of exposure to insecticides or fungicides, making them more susceptible if they are attacked by viruses or parasites. “It’s kind of like taking a patient who is not doing so well — very weak, poor diet, exposing them to pathogens, and then throwing more things at them. It’s not surprising that honeybees are not very healthy.”

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Banks Walk, Dept. of Justice Makes Excuses

February 9, 2012 in Uncategorized

By the end of the S&L crisis, vast financial fraud had devastated the real estate market, contributed to the early-90′s recession, and banks have cost the US taxpayer $124 billion. Bad as this was, at least a reckoning was made: thousands of bank executives were prosecuted, and more than 1,000 went to jail.

This time around, vast financial fraud has wrecked the entire world’s economy, put millions of people out of work, and cost trillions of dollars. And how many banks execs have gone to jail?

Zero.

Gee, why not? The Wall Street Journal today lists the excuses explanations:

Since the financial crisis erupted in 2008, many legal experts have said the U.S. government faced an uphill battle in prosecuting financial-industry executives. Criminal intent is especially hard to prove in complex financial cases, because prosecutors must convince jurors, beyond a reasonable doubt, that a fraud was intentional.

Some financial executives have said it is unfair to punish them for what is nothing more than their failure to predict the financial crisis. Many legal experts have said much of the most controversial behavior likely was a product of poor judgment, not criminal wrongdoing.

Uh-huh. But maybe there’s a simpler explanation,  maybe banks aren’t all bad…:

Read the rest of this entry →