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Wednesday, July 31, 2013

Noch ein Hammer nach der Wahl?

Prepare NOW For A Wild Ride On WALL STREET. By Gregory Mannarino

 

*HAVE A LAUGH: http://www.youtube.com/watch?v=wiIU-8...
*Link to TradersChoice: http://traderschoice.net
*My publications page: http://www.lulu.com/spotlight/thegame...

What The Bradley Manning Verdict Tells Us About America

 

Follow us on Facebook:     http://facebook.com/StormCloudsGathering
On July 30th Bradley Manning was convicted on 20 charges. He now faces up to 136 years in prison. What does this case tell us about America?

Peter Schiff: Buy Gold and Silver Now, Money Printing Until We Have A Cu...

 


Breaking News: Some Bullshit Happening Somewhere

 

Excruciating up-to-the-minute coverage of some irrelevant bullshit story that has no ramifications whatsoever.

Mortgage Applications Plunging At Fastest Rate In 4 Years; Refis Down 57% | Zero Hedge

Mortgage Applications Plunging At Fastest Rate In 4 Years; Refis Down 57% | Zero Hedge
With a number of banks cutting their mortgage departments (Wells Fargo JV and Everbank most recently), it seems the 'weakness' in the housing recovery may be more than transitory. For the 11th week of the last 12, mortgage applications fell for the fastest three-month collapse since June 2009. Mortgage activity is now its lowest in two years with refinancing activity down 57% from its recent peak and new purchases have dropped to their lows of the year (down 13% from the highs) and stand exactly at three-year average levels.



and for now, despite some homebuilders collapsing, the broad market wants to ignore this reality...


Charts: Bloomberg

Dear Americans: We Are Happy To Inform You That You Are All Richer! | Zero Hedge

Dear Americans: We Are Happy To Inform You That You Are All Richer! | Zero Hedge



While today's GDP revision was largely formulaic and served mostly to generate another algo momentum ignition buy program pushing the DJIA to a new all-time intraday high, there was some much better news hidden deep in the revision.
We are delighted to advise Americans everywhere that you are all now making some $300 billion more than you were before the 8:30 AM revision. At least that's what the Bureau of Economic Analysis says: according to the quarterly revision, the revized annualized Disposable Personal Income is really some $300 billion higher compared to the pre-revision number. You are all richer!
No really:

What's that? You don't feel a dollar richer compared to this morning? That's irrelevant: everyone is now making about 2.4% more. A revised number in an Excel spreadsheet on a government computer said so, so it must be true.
So please go out and spend this extra income that was just created in some BEA spreadsheet. Your banker overlords will thank you

1.960 Architekten und Ingenieure fordern neue 9/11 Untersuchungen

 

Fast 2000 Architekten und Ingenieure haben eine Petition für eine neue Untersuchung des Terroranschlags vom 11. September 2001 unterschrieben. Diese Architekten und Ingenieure argumentieren, dass die zwei World Trade Center Gebäude (WTC 1 und WTC 2) nicht alleine durch den Einfluss von Flugzeugen und Feuer zerstört worden sind. Beim World Trade Center 7 (WTC 7) besteht kein Zweifel, dass dieses Gebäude durch eine klassische „kontrollierte Sprengung" zum Einsturz gebracht worden ist.

Die Organisation Architects & Engineers for 9/11 Truth (AE911Truth) entstand 2006 aus einer Eingebung von Richard Gage, einem lizensierten AIA-Architekten, und wurde gegründet um den "US-Kongress aufzufordern eine wirklich unabhängige Untersuchung mit dem Recht strafrechtlicher Vorladungen und Zeugnispflicht" einzuleiten und um seine Architekten- und Ingenieurskollegen auf die Beweise im Hinblick auf eine absichtsvolle Sprengung aller drei WTC-Gebäude aufmerksam zu machen. Bisher gelang es AE911Truth 1.960 Architekten und Ingenieure als Petitionszeichner zu gewinnen, deren Glaubwürdigkeit (diplomiert oder lizensiert) streng verifiziert wurde. http://www.ae911truth.org
Hier eine Auflistung von 1000 Unterzeichnern:
http://ow.ly/nuNi4

Musik:
Murat Keyder "Koto"
free download
http://ow.ly/nuRmZ

Chinese ATMs Giving Out Fake Bills

 

A Shanghai man was recently left more than 2,000 yuan out of pocket, after he said cash he withdrew from an ATM included 23 fake 100 yuan bills.

This isn't the first time that Chinese ATMS have reportedly given out counterfeit currency, and it's part of a wider problem of fake money in the country.

Watch Yi Yang and Karen Chang discuss this case and others, and why tourists may be the easiest to fall prey to China's counterfeit money problem.

CHINESE CURRENCY & MONEY TRAVEL GUIDE: http://www.xian-travel.com/china-trav...

PressTV - American veterans ignored by Obama, Congress: Poll

PressTV - American veterans ignored by Obama, Congress: Poll

Wed Jul 31, 2013 1:0PM GMT

The US Department of Veteran Affairs statistics show 22 veterans take their own lives per day.
A new survey shows that a significant majority of American veterans believe that US President Barack Obama and Congress do not care about their conditions as suicide has become their biggest challenge.


The poll conducted by the Iraq and Afghanistan Veterans of America (IAVA) found that 66 percent of respondents said Obama and 80 percent said Congress do not listen enough to their problems.

The findings also indicated that 45 percent of those surveyed said they know a veteran who has attempted suicide and almost one-third of young veterans have thought about suicide.

"The fact that so many of our members know someone that has tried to commit suicide or that had mental health issues really underscores the seriousness of this problem," IAVA’s chief policy officer Tom Tarantino said.

According to the poll, two-thirds of respondents said they have veteran friends who need mental health counseling.

"I don't think anybody thought this was going to be an easy problem to fix," Tarantino said. "But this is a very complicated problem with no one policy solution."

22 US veterans take their own lives every day, according to statistics from the Department of Veteran Affairs.

The department also said 11 to 20 percent of Iraq and Afghanistan veterans are affected by post-traumatic stress disorder.

Most of the veterans who suffer from mental disorders will never receive proper care.

“For the majority of veterans that are suffering from PTSD, nothing of this sort ever happens. There’s still this negative stigma. People think if they go for treatment, they’re going to be labeled,” said Jason Hansman, senior program manager for health for IAVA.

PressTV - Canada continues heavy-handed media repression

PressTV - Canada continues heavy-handed media repression

Wed Jul 31, 2013 2:53PM
Canada is seeing an increasing number of its journalists and photographers being criminalized and arrested by law enforcement officers for recording incidents involving police brutality, Press TV reports.


On numerous occasions, Canadians have been taken into custody after legally documenting police incidents.

Among the most notable cases is the arrest of Jennifer Pawluck in April after she posted a photo online of someone else’s graffiti depicting a Montreal police commander, Ian Lafreniere, negatively. She was later charged with criminal harassment.

In September 2012, Jakub Markiewicz, a 16-year-old, was arrested by police when he filmed security guards and police officers detaining a man at a shopping mall in the British Columbia city of Burnaby. Markiewicz was never officially charged over the incident.

Furthermore, officers at Vancouver International airport confiscated in 2007 a video taken by Paul Pritchard, showing police officers tasering a Polish immigrant to death.

Pitchard finally filed a lawsuit against the police in a bid to retrieve the footage.

The recording was later used as evidence against the police and the involved officers eventually admitted that they had misled the public in several statements about the tasering death.

Meanwhile, critics say that the so-called “tough on crime” agenda by Prime Minister Stephen Harper’s government has given many Canadian police officers the impression that they are above the law.

They also say that the impression has led to the increase criminalization of Canadians, who were serving the public interest when they documented incidents involving the police.

Warum der Bürger die Bundestagswahl 2013 verliert | Geolitico

Warum der Bürger die Bundestagswahl 2013 verliert | Geolitico

Warum der Bürger die Bundestagswahl 2013 verliertGibt es bei der Bundestagswahl überhaupt eine rechnerische Chance, die Politik der etablierten Parteien abzuwählen? Die Struktur der Wahlberechtigten und ihr Wahlverhalten geben dazu keine Hoffnung, schreibt LOTAR FLEISCHER* in einem Gastbeitrag für GEOLITICO.


Nach statistischen Angaben leben in Deutschland 80,2 Millionen Menschen. Hiervon werden am 22.September 2013, also der nächsten Bundestagswahl, 61,8 Millionen Menschen wahlberechtigt sein.
Im gesamten öffentlichen Dienst sind 6,7 Millionen Menschen beschäftigt, die also mehr oder weniger am Tropf der jetzt im Bundestag vertretenen Parteien hängen.
Die Wahlbeteiligung bei der letzten Wahl 2009 lag bei 70,8 Prozent. Bezieht man diese auf die stimmberechtigten Bürger der kommenden Wahl, ergeben sich 43,7 Millionen Menschen, die ihre „Stimme abgeben“ werden.
Bei der letzten Wahl konnten die etablierten Parteien insgesamt 41,1 Millionen Wählerstimmen auf sich vereinigen.
Bezieht man das auf die kommende Wahl, werden die etablierten Parteien ca. 94 Prozent aller abgegebenen Wählerstimmen einheimsen. Rund 6 Prozent verteilen sich dann noch auf die restlichen “Splitter-Parteien”.
Macht der Beamten
Gehen alle Bediensteten des öffentlichen Lebens zur Wahl und wählen damit nach dem Motto: „Wess´ Brot ich ess´, dess´ Lied ich sing“, dann bekommen die momentan im Bundestag vertretenen Parteien schon mal insgesamt 15,3 Prozent aller abgegebenen Stimmen. Berücksichtigt man die Bevölkerungsgruppe „60 Jahre und älter“, die traditionell die etablierten Parteien wählen, kommen nach Angaben aus der Wahl-2009 weitere 33,7 Prozent der abgegebenen Stimmen hinzu. Damit haben die etablierten Parteien nach subjektiver Meinung des Autors bereits 49 Prozent aller abgegebenen Stimmen „sicher in der Tasche“.
Um die Mandate im Bundestag „kämpfen“ insgesamt 38 Parteien (nach Angabe des Bundeswahlleiters). Fünf Parteien hiervon, nämlich die etablierten, vereinigen somit auf sich also 49 Prozent der abgegebenen Stimmen. Verbleiben mithin 33 Parteien, auf die sich die übrigen 51 Prozent verteilen.
Nach „Milchmädchenrechnung“ (MM-Rechnung) ergeben sich also auf die „restlichen“ 33 Parteien pro Partei rund 1,6 Prozent der abgegebenen Stimmen.
Wenn die Wahlbeteiligung zunimmt
Bereits hier wird deutlich, dass ALLE WÄHLER, die nicht die etablierten Parteien wählen, sich auf eine EINZIGE „neue“ Partei einigen müssten, allenfalls aber auf maximal 10 Parteien, die dann jede für sich über die 5 Prozent-Hürde kommen müsste, wollten Sie im Bundestag insgesamt einen Gegenpol zu den etablierten schaffen.
Diese „alternativen“ Parteien müssten sich dann insgesamt auf EIN GEMEINSAMES PARTEIPROGRAMM einigen, wollten Sie auf demokratische Weise im Bundestag einen Systemwechsel herbeiführen.
Eine stärkere Wahlbeteiligung (angenommen 95 Prozent) verändert dann die vorgenannten Zahlen wie folgt:
  • Wahlberchtigte            61,8 Millionen    100,0  Prozent
  • Wahlbeteiligung          58,7 Millionen      95,0  Prozent
  • Öffentlicher Dienst       6,7 Millionen      11,4  Prozent der Wahlbeteiligten
  • 60plus                            14,7 Millionen      25,0  Prozent der Wahlbeteiligten
11 Parteien und ein Programm
Bei gleichem Wahlverhalten wie 2009 ergäben sich somit für die etablierten insgesamt 36,4  Prozent der abgegebenen Stimmen. Auf die restlichen Parteien verteilen sich 63,6 Prozent.
Bei 33 „neuen“ Parteien entfallen somit pro Partei (nach „MM-Rechnung“) 1,9 Prozent
Es könnten 12 Parteien durch überspringen der 5 Prozent-Hürde zusätzlich in den Bundestag einziehen.
Es müssten sich mindestens 11 „neue“ Parteien auf ein gemeinsames Parteiprogramm einigen, wenn ein Systemwechsel angestrebt werden soll.
Schaffen es tatsächlich mehrere „neue“ Parteien in den Bundestag (was der Autor nach Vorlage dieser Zahlen bezweifelt), genügen drei dieser „neuen“ Parteien (mit je 5 Prozent) sich an der Regierung zu beteiligen und sich damit in die gleiche Abhängigkeit, wie die etablierten Parteien zu begeben, da sie keine Mehrheit gegenüber den etablierten haben.
Fazit:
Auf demokratische Weise über Bundestagswahlen wird kein Systemwechsel „gewählt“ werden. Selbst wenn die etablierten Parteien insgesamt 20 Prozent ihrer Wählerschaft zugunsten der „neuen“ Parteien einbüßten, würde das den „neuen“ Parteien lediglich 0,6 Prozent pro Partei (wohlgemerkt nach „MM-Rechnung“) bringen. Rein theoretisch könnte dann auch eine 13. „neue“ Partei im Bundestag Platz finden, was prinzipiell aber nichts verändert.
Bestimmend für den Wahlausgang werden die Angestellten der „Staatsbetriebe“ von der Regierung bis zur kommunalen Müllabfuhr sein, die ja ihre “Pfründe” nicht verlieren möchten. Es werden vielleicht auch ein paar „neue“ Parteien gewinnen – die deutschen Bürger insgesamt werden die Wahl verlieren. Damit ist weitere „Staatsverschuldung“ programmiert. Am „System“ wird sich nichts verändern.

*Lotar Fleischer ist Diplom-Ingenieur und Vorsitzender des Verwaltungsrates der Car-Genossenschaft eG

Kiri Campell Remanded for Fraud after Using OPPT Ideas on Foreclosure

Alleged fraudster remanded | Stuff.co.nz

Last updated 05:00 31/07/2013










tdn cop stans
Kiri Campbell screams out to supporters as she is bundled into a police car yesterday
A Hawera woman at the centre of an online debate over allegedly banking a fraudulent $15 million cheque has been remanded without plea.
Kiri Campbell, 32, is charged with five counts of using a document to gain a pecuniary advantage.
She appeared before Judge Allan Roberts at the Hawera police station yesterday after a group of supporters temporarily shut down the court house.
Campbell's plight has gained traction over the past few days on social media and has been associated with the Maori sovereignty movement.
According to websites supporting her, Campbell deposited $15m "of her own value" into a TSB Bank account as a way of "revealing the fraud of the current banking and monetary system".
Hawera police prosecutor Steve Hickey told the Taranaki Daily News that Campbell was remanded in custody by consent until she could get legal advice before her bail hearing.
Mr Hickey said she would appear in the New Plymouth District Court at another date, but would not elaborate further.
Earlier in the day, about 40 people packed the public gallery, shutting down proceedings.
A man waving the Maori flag of the United Tribes would not stop when asked, saying: "I do not consent to what you say, sir," whenever he was approached by a court officer. Judge Roberts refused to begin until the flag was removed.
Campbell was subsequently whisked away by police and could be heard screaming as she was bundled into a police car.
Media were also asked to leave the area for their "own safety" shortly after 10am when police began to move the group on.
Outside the court, Campbell's representative, Larni Healey, said they do not recognise the authority of the court.
Campbell was also an administrator of The One People Aotearoa-New Zealand Facebook page, which is linked to a "sister site" called Mortgage Terminators.

Nach US-Spähaffäre: EU plant eigenen Geheimdienst | Zeitungen | RIA Novosti

Nach US-Spähaffäre: EU plant eigenen Geheimdienst | Zeitungen | RIA Novosti
„Nesawissimaja Gaseta“
16:56 30/07/2013
MOSKAU, 30. Juli (RIA Novosti)
Die EU-Kommission und die EU-Beauftragte für Außen – und Sicherheitspolitik, Catherine Ashton, wollen einen eigenen Geheimdienst ins Leben rufen, schreibt die „Nesawissimaja Gaseta“ am Dienstag.
Die Enthüllungen des US-Geheimdienstmitarbeiters Edward Snowden haben den Europäern vor Augen geführt, wie ungeschützt ihre Daten sind. Deshalb will Brüssel jetzt offenbar die Pläne zur Gründung eines eigenen Geheimdienstes forcieren.
Frankreich, Deutschland, Italien, Spanien und Polen unterstützen dieses Vorhaben. Großbritannien sperrt sich bislang dagegen, ebenso wie gegen die Einrichtung eines Lagezentrums für gemeinsame Militäreinsätze in Brüssel. Diese Pläne sollen im Dezember beim EU-Gipfel erörtert werden.
Die EU-Kommission hatte in der vergangenen Woche einen Bericht über eine effizientere Verteidigungs- und Sicherheitspolitik vorgelegt. Im Gegensatz zu den weltweit steigenden Rüstungsetats sinken die Ausgaben für Militär und Sicherheit in Europa, weshalb die Anstrengungen der EU-Mitgliedsstaaten gebündelt werden sollen.
Laut Ashton muss die EU ihre Interessen in der Welt sichern. Wie EU-Kommissionschef José Manuel Barroso betonte, widerspricht das engere Zusammenwirken der Europäer nicht dem  transatlantischen Verhältnis, sondern ergänzt es.
Der russische Sicherheitsexperte Dmitri Danilow äußerte sich skeptisch zu dem geplanten Geheimdienst der Europäer. Es gebe einige Gründe, die der Umsetzung dieses EU-Projektes im Wege stehen. Es werde sich schwierig gestalten, 28 Staaten beim Austausch von Geheiminformationen unter einen Hut zu bringen. Auch die gemeinsame Entwicklung von Drohnen sei nicht einfach, weil die EU-Staaten in punkto Finanzierung und Know-how zu unterschiedlich sind.

Bradley Manning verdict: cleared of 'aiding the enemy' but guilty of other charges | World news | The Guardian

Bradley Manning verdict: cleared of 'aiding the enemy' but guilty of other charges | World news | The Guardian
ink to video: Bradley Manning cleared of aiding enemy but convicted of espionage charges
Bradley Manning, the source of the massive WikiLeaks trove of secret disclosures, faces a possible maximum sentence of 136 years in military jail after he was convicted on Tuesday of most charges on which he stood trial.
Colonel Denise Lind, the military judge presiding over the court martial of the US soldier, delivered her verdict in curt and pointed language. "Guilty, guilty, guilty, guilty," she repeated over and over, as the reality of a prolonged prison sentence for Manning – on top of the three years he has already spent in detention – dawned.
The one ray of light in an otherwise bleak outcome for Manning was that he was found not guilty of the single most serious charge against him – that he knowingly "aided the enemy", in practice al-Qaida, by disclosing information to the WikiLeaks website that in turn made it accessible to all users including enemy groups.
Lind's decision to avoid setting a precedent by applying the swingeing "aiding the enemy" charge to an official leaker will invoke a sigh of relief from news organisations and civil liberties groups who had feared a guilty verdict would send a chill across public interest journalism.
The judge also found Manning not guilty of having leaked an encrypted copy of a video of a US air strike in the Farah province of Aghanistan in which many civilians died. Manning's defence team had argued vociferously that he was not the source of this video, though the soldier did admit to the later disclosure of an unencrypted version of the video and related documents.
Lind also accepted Manning's version of several of the key dates in the WikiLeaks disclosures, and took some of the edge from other less serious charges. But the overriding toughness of the verdict remains: the soldier was found guilty in their entirety of 17 out of the 22 counts against him, and of an amended version of four others.
The guilty verdicts included seven out of the eight counts brought under the Espionage Act. On these counts, Manning was accused of leaking the Afghan and Iraq war logs, embassy cables and Guantánamo files "with reason to believe such information could be used to the injury of the US or the advantage of any foreign nation". The 1917 act has previously been reserved largely for those who engage in spying as opposed to leaking; the seven convictions under the act are likely to be seen as a major stepping up of the US government's harsh crackdown on whistleblowing.
Manning was also found guilty of "wrongfully and wantonly" causing to be published on the internet intelligence belonging to the US, "having knowledge that intelligence published on the internet is accesible to the enemy". That guilty ruling could still have widest ramifications for news organisations working on investigations relating to US national security.
The verdict was condemned by human rights campaigners. Amnesty International's senior director of international law and policy, Widney Brown, said: "The government's priorities are upside down. The US government has refused to investigate credible allegations of torture and other crimes under international law despite overwhelming evidence.
"Yet they decided to prosecute Manning who it seems was trying to do the right thing – reveal credible evidence of unlawful behaviour by the government. You investigate and prosecute those who destroy the credibility of the government by engaging in acts such as torture which are prohibited under the US Constitution and in international law."
Ben Wizner, of the American Civil LIberties Union, said: "While we're relieved that Mr Manning was acquitted of the most dangerous charge, the ACLU has long held the view that leaks to the press in the public interest should not be prosecuted under the Espionage Act.
"Since he already pleaded guilty to charges of leaking information – which carry significant punishment – it seems clear that the government was seeking to intimidate anyone who might consider revealing valuable information in the future."
Julian Assange, the founder of Wikileaks, said in a statement from the Ecuadorian embassy in London, where he is sheltering from extradition to Sweden on suspicion of sex crimes, that the verdict set a "dangerous precedent" and was an "example of national security extremism".
In a statement to the Guardian, Manning's family expressed "deep thanks" to his civilian lawyer, David Coombs, who has worked on the case for three years. They added: "While we are obviously disappointed in today's verdicts, we are happy that Judge Lind agreed with us that Brad never intended to help America's enemies in any way. Brad loves his country and was proud to wear its uniform."
Once the counts are added up, the prospects for the Manning are bleak. Barring reduction of sentence for mitigation, which becomes the subject of another mini-trial dedicated to sentencing that starts tomorrow, Manning will face a substantial chunk of his adult life in military custody.
He has already spent 1,157 days in detention since his arrest in May 2010 – most recently in Fort Leavenworth in Kansas – which will be deducted from his eventual sentence.
A further 112 days will be taken off the sentence as part of a pre-trial ruling in which Lind compensated him for the excessively harsh treatment he endured at the Quantico marine base in Virginia between July 2010 and April 2011. He was kept on suicide watch for long stretches despite expert opinion from military psychiatrists who deemed him to be at low risk of self-harm, and at one point was forced to strip naked at night in conditions that the UN denounced as a form of torture.
Lind has indicated that she will go straight into the sentencing phase of the trial, in which both defence and prosecution lawyers will call new witnesses. This is being seen as the critical stage of the trial for Manning's defence: the soldier admitted months ago to being the source of the WikiLeaks disclosures, and much of the defence strategy has been focused on attempting to reduce his sentence through mitigation.
With that in mind, the soldier's main counsel, David Coombs, is likely to present evidence during the sentencing phase that Manning was in a fragile emotional state at the time he began leaking and was struggling with issues over his sexuality. In pre-trial hearings, the defence has argued that despite his at times erratic behaviour, the accused was offered very little support or counselling from his superiors at Forward Operating Base Hammer outside Baghdad.
The outcome will now be pored over by government agencies, lawyers, journalists and civil liberties groups for its implications for whistleblowing, investigative reporting and the guarding of state secrets in the digital age. By passing to WikiLeaks more than 700,000 documents, Manning became the first mass digital leaker in history, opening a whole new chapter in the age-old tug-of-war between government secrecy and the public's right to information in a democracy.
Among those who will also be closely analysing the verdict are Edward Snowden, the former NSA contractor who has disclosed the existence of secret government dragnets of the phone records of millions of Americans, who has indicated that the treatment of Manning was one reason for his decision to seek asylum in another country rather than face similar aggressive prosecution in America. The British government will also be dissecting the courtroom results after the Guardian disclosed that Manning is a joint British American citizen.
Another party that will be intimately engaged with the verdict is WikiLeaks, and its founder, Julian Assange. They have been the subject of a secret grand jury investigation in Virginia that has been looking into whether to prosecute them for their role in the Manning disclosures.
WikiLeaks and Assange were mentioned repeatedly during the trial by the US government which tried to prove that the anti-secrecy organisation had directly steered Manning in his leaking activities, an allegation strongly denied by the accused. Prosecutors drew heavily on still classified web conversations between Manning and an individual going by the name of "Press Association", whom the government alleges was Assange.

Virtual Tour of the Great Pyramid

 

A fun virtual walk-though of the inside of the great pyramid narrated by Ken Klein.

http://www.kenkleinuniversity.com

The Hiroshima Myth. Unaccountable War Crimes and the Lies of US Military History | Global Research

The Hiroshima Myth. Unaccountable War Crimes and the Lies of US Military History | Global Research

hiroshima
This coming Tuesday, August 6, 2013, is the 68th anniversary of the bombing of Hiroshima, the whole truth of which has been heavily censored and mythologized ever since war-weary Americans celebrated V-J Day 10 days later.
In the pitiful history lessons that were taught by my uninspired/bored history teachers (which seemed to be mostly jocks) came from patriotic and highly censored books where everything the British and US military ever did in war time was honorable and self-sacrificing and everything their opponents did was barbaric. Everybody in my graduating class of 26 swallowed the post-war propaganda in our history books. It was from these books that we learned about the “glorious” end of the war against Japan.
Of course, I now know that I had been given false information, orchestrated by war-justifying militarists (and assorted uber-patiotic historians) starting with General Douglas MacArthur. MacArthur successfully imposed total censorship of what really happened at Ground Zero. One of his first acts after taking over as viceroy of Japan was to confiscate and/or destroy all the photographic evidence documenting the horrors of the atomic bombings of Hiroshima and Nagasaki.
 Back in 1995, the Smithsonian Institution was preparing to correct some the 50-year-old pseudo-patriotic myths by staging an honest, historically-accurate display dealing with the atomic bombings. Following the vehement, orchestrated, reactionary outrage emanating from right-wing veterans groups and other patriot groups (including Newt Gingrich’s GOP-dominated Congress that threatened to stop federal funding of the Institute), the Smithsonian was forced to censor-out all of the unwelcome but contextually important parts of the story. So again we had another example of politically-motivated groups heavily altering real history because they were afraid of revealing “unpatriotic” historical truths that might shake the confidence of average Americans in our leaders, sort of like the near-total media black-out about the controlled demolitions of the three World Trade Center buildings on 9/11/01 that killed thousands of innocent people and unleashed the dogs of war against innocents in Afghanistan (explore  www.ae911truth.org for the  documentation of that assertion).
Nagasaki on August 9, 1945
The Smithsonian historians did have a gun to their heads, of course, but in the melee, the corporate-controlled mainstream media – and therefore the public – failed to learn an important historical point, and that is this: The war could have ended in the spring of 1945 without the summer atomic bombs, and therefore there might have been no Okinawa bloodbath for thousands of American Marines and soldiers. Also there would have been no need for an American land invasion of Japan – the basis of the subsequent propaganda campaign that justified the use of atomic weapons on defenseless civilian populations and meets the definition of an international war crime and a crime against humanity.
American intelligence, with the full knowledge of President Truman’s administration, was aware of Japan’s desperate search for ways to honorably surrender months before Truman gave the fateful order to incinerate Hiroshima.
 Intelligence data, revealed in the 1980s, showed that the contingency plans for a large-scale US invasion (planned for no sooner than November 1, 1945) would have been unnecessary. Japan was working on peace negotiations through its Moscow ambassador as early as April of 1945. Truman knew of these developments because the US had broken the Japanese code years earlier, and all of Japan’s military and diplomatic messages were being intercepted. On July 13, 1945, Foreign Minister Togo said: “Unconditional surrender (giving up all sovereignty, especially deposing the Emperor) is the only obstacle to peace.”
Truman and his advisors knew about these efforts, and the war could have ended through diplomacy by simply conceding a post-war figurehead position for the emperor Hirohito – who was regarded as a deity in Japan. That reasonable concession was – seemingly illogically – refused by the US in their demands for unconditional surrender, initially demanded at the 1943 Casablanca Conference between Roosevelt and Churchill and reiterated at the Potsdam Conference between Truman, Churchill and Stalin. Still, the Japanese continued searching for an honorable peace through negotiations.
 Even Secretary of War Henry Stimson, said: “the true question was not whether surrender could have been achieved without the use of the bomb but whether a different diplomatic and military course would have led to an earlier surrender. A large segment of the Japanese cabinet was ready in the spring of 1945 to accept substantially the same terms as those finally agreed on.” In other words, Stimson felt that the US had unnecessarily prolonged the war.
After Japan did surrender, MacArthur allowed the emperor to remain in place as spiritual head of Japan, the very condition that coerced the Japanese leadership to refuse to accept the humiliating “unconditional surrender” terms.
So the two essential questions that need answering to comprehend what was going on behind the scenes are these:
1) Why did the US refuse to accept Japan’s only demand concerning their surrender (the retention of the emperor) and
2) why were the atomic bombs used when victory in the Pacific was already a certainty?
 Shortly after WWII, military analyst Hanson Baldwin wrote:
“The Japanese, in a military sense, were in a hopeless strategic situation by the time the Potsdam Declaration (insisting on Japan’s unconditional surrender) was made on July 26, 1945.”
Admiral William Leahy, top military aide to President Truman, said in his war memoirs, I Was There:
“It is my opinion that the use of this barbarous weapon at Hiroshima and Nagasaki was of no material assistance in our war against Japan. The Japanese were already defeated and ready to surrender because of the effective sea blockade and the successful bombing with conventional weapons. My own feeling is that in being the first to use it, we had adopted an ethical standard common to the barbarians of the Dark Ages.”
And General Dwight D. Eisenhower, in a personal visit to President Truman a couple of weeks before the bombings, urged him not to use the atomic bombs. Eisenhower said:
“It wasn’t necessary to hit them with that awful thing . . . to use the atomic bomb, to kill and terrorize civilians, without even attempting [negotiations], was a double crime.”
There are a number of factors that contributed to the Truman administration’s decision to use the bombs.
1) The US had made a huge investment in time, mind and money (a massive 2 billion in 1940 dollars) to produce three bombs, and there was no inclination – and no guts – to stop the momentum.
2) The US military and political leadership – as did many ordinary Americans – had a tremendous appetite for revenge because of Pearl Harbor. Mercy wasn’t in the mindset of the US military or the war-weary populace, and the missions against Hiroshima and Nagasaki were accepted – no questions asked – by most of those folks who only knew the sanitized, national security version of events.
3) The fissionable material in Hiroshima’s bomb was uranium. The Nagasaki bomb was a plutonium bomb. Scientific curiosity was a significant factor that pushed the project to its completion. The Manhattan Project scientists (and the US Army director of the project, General Leslie Groves) were curious about “what would happen if an entire city was leveled by a single uranium bomb?” “What about a plutonium bomb?”
The decision to use both bombs had been made well in advance of August 1945. Accepting the surrender of Japan was not an option if the science experiment was to go ahead. Of course the three-day interval between the two bombs was unconscionably short if the Hiroshima bomb was designed to coerce immediate surrender. Japan’s communications and transportation capabilities were in shambles, and no one, not even the US military, much less the Japanese high command, fully understood what had happened at Hiroshima. (The Manhattan Project was so top secret that even Douglas MacArthur, commanding general of the entire Pacific theatre, had been kept out of the loop until five days before Hiroshima.)
4) The Russians had proclaimed their intent to enter the war with Japan 90 days after V-E Day (Victory in Europe Day, May 8), which would have been Aug. 8, two days after Hiroshima was bombed. Indeed, Russia did declare war on Japan on August 8 and was advancing eastward across Manchuria when Nagasaki was incinerated. The US didn’t want Japan surrendering to Russia or sharing the spoils of war.
Russia was soon to be the only other superpower – and a future enemy – so the first nuclear threat “messages” of the Cold War were sent. Russia indeed received far less of the spoils of war than they had anticipated, and the two superpowers were instantly mired in the Cold War stalemate that led to the unaffordable nuclear arms race and the possibility of total extinction of the human race. What did happen was the mutual moral and financial bankruptcies of both nations that occurred over the next couple of generations of military madness.
An estimated 80,000 innocent civilians, plus 20,000 weaponless young Japanese conscripts died instantly in the Hiroshima bombing. Hundreds of thousands more suffered slow deaths from agonizing burns, radiation sickness, leukemias, anemias and untreatable infections for the rest of their shortened lives. Generations of the survivor’s progeny were also afflicted with horrible radiation-induced illnesses, cancers and premature deaths, still going on to this very hour.
  Another shameful reality that has been covered up is the fact that 12 American Navy pilots, their existence well known to the US command, were instantly incinerated in the Hiroshima jail on the fateful day
So the official War Department-approved version of the end of the war in the Pacific contained a new batch of myths that took their places among the long lists of myths that Americans are continuously fed by our corporate, military, political and media opinion leaders, the gruesomeness of war being changed to glorification in the process. Among the other censored out realities include what really happened in the US military invasions and occupations of the countries of North Korea, Iran, Viet Nam, Laos, Cambodia, Lebanon, Granada, Panama, the Philippines, Chile, El Salvador, Nicaragua, Guatemala, Honduras, Haiti, Colombia, Kuwait, Iraq, Afghanistan, etc, etc. This list doesn’t cover the uncountable secret Pentagon/CIA covert operations and assassination plots in the rest of the world, where as many as150 nations contain American military bases (permission lavishly paid for by bribery or threats of economic sanctions).
But somehow most of us still hang on to our shaky “my country right or wrong” patriotism, desperately wanting to believe the cunningly-orchestrated myths that say that the war-profiteering multibillionaire corporate elite (and their politicians, military leaders and media talking heads who are in their employ) only work for peace, justice, equality, liberty and “making the world safe” for predatory capitalism.
While it is true that the US military has faced down the occasional despot, with necessary sacrifice from dead and mortally-wounded (in body, mind and spirit) American soldiers and veterans, more often than not the rationalization for going to war are the same as those of the “godless communists”, the anti-American “insurgents” and “freedom fighters” who want to convince us Yankees to just go home where we belong.
August 6 and 9, 1945 are just two more examples of the brain-washing that goes on in all “total war” political agendas, which are always accompanied by the inevitable human slaughter that is euphemistically labeled “collateral damage” or “friendly fire”.
It might already be too late to rescue and resuscitate the humanitarian, peacemaking America that we used to know and love. It might be too late to effectively confront the corporate hijacking of liberal democracy in America. It might be too late to successfully bring down the arrogant and greedy ruling elites who are selfishly dragging our world down the road to our destruction. The rolling coup d’etat of what I call Friendly American Fascism may have already accomplished its goals.
  But there may still be some hope. Rather than being silent about the wars that the war-mongers are provoking all over the planet (with the very willing assistance of the Pentagon, the weapons industry and their lapdogs in Congress), people of conscience need to start learning the whole truth of history, despite the discomfort we will feel (cognitive dissonance) when the truth can’t be ignored any more.
We need to start owning up to America’s uncountable war crimes that have been orchestrated in our names. And then we need to go to the streets, publicly protesting and courageously refusing to cooperate with those who are transforming America into a criminal rogue nation that will eventually be targeted for downfall by its billions of suffering victims outside our borders, similar to what happened to Nazi Germany and Fascist Japan.
Doing what is right for the whole of humanity for a change, rather than just doing what is profitable or advantageous for our over-privileged, over-consumptive and unsustainable American way of life, would be real honor, real patriotism and an essential start toward real peace.

New mind reader machines to hack your brain

 

Magnetic Resonance Imaging are machines that use magnetic field and radio pulses to map the inside of the body. But there's a new use for them -- functional MRIs can also measure changes in brain activity. So are these machines mind readers? Dr. Natasha Vita-More, futurist and Co-author of The Transhumanist Reader breaks it down.

REDLISTED Shep mama babies all gone - Can you help?

 

She is located at East Valley Shelter in Los Angeles. Please go to Angels for Animals Network on Facebook, this dog's information is there.

U.S. welfare food shipped offshore in huge barrels to be sold on black market in developing nations

U.S. welfare food shipped offshore in huge barrels to be sold on black market in developing nations

(NaturalNews) Waste, fraud, and abuse are the three things taxpayers hate more than the taxes themselves, because they stand for a blatant misuse of resources provided by coercion: Pay your taxes or else go to jail.

So it is beyond maddening when taxpayers learn that government-enforced charity, which is the base concept behind all welfare programs, is being exploited by the very people such programs were designed to "help."

A recent case in point involves rampant welfare fraud in New York City. What's more, as reported by the New York Post, "food stamp fraud [in the city] has turned into foreign aid - to black-market profiteers in the Dominican Republic."

Prior, the paper reported that welfare recipients in New York were buying food with their benefits cards, then shipping it in blue barrels to relatives in the Caribbean. But not all of them are distributing the food to the needy; some are selling the taxpayer-funded fare for a profit on the city streets in the DR.

'We do it all the time'

"It's a really easy way to make money, and it doesn't cost me anything," a seller named Maria-Teresa told a Post reporter. Of course, the costs are all being borne by U.S. New York taxpayers. More from the Post:

The 47-year-old Bronx native told The Post she scalps barrels of Frosted Flakes and baby formula bought with welfare money in the United States.

Maria-Teresa said she gets new barrels every few weeks from her sister, who buys everything at a Western Beef on Prospect Avenue near East 165th Street in Foxhurst.

The scamming sibling pays $75 per barrel to transport the items to the DR through Mott Haven's Luciano Shipping. Sometimes the family fraudsters take advantage of a special: three barrels for the price of two.


The woman says she uses some of the products herself but sells the rest out of her home in the city of Santiago. She gives markdowns of anywhere from a buck or two compared to what locals would pay in stores.

As to the pervasiveness of this insult to American taxpayers, Maria-Teresa said, "I don't know how much of a business it is, but I know a lot of people are doing it."

The black market there is so well-established that customers can even place requests for top-selling items. They include 19-ounce boxes of Frosted Flakes cereal, which sells locally for $6.50. She marks it down $2; her sister buys it in the U.S. for $2.99.

"But," the Post points out, "because the sister uses her Electronic Benefit Transfer card, she actually pays nothing - taxpayers foot the $2.99."

Nice work if you can find it.

Maria-Teresa also sells 24-ounce boxes of Kellogg's Corn Flakes for $2; they sell for $4 in the DR. In the U.S., the Kellogg's brand averages around $2.99.

Baby formula is also popular, according to the report. A 23-ounce can of powdered Enfamil is $25 in the U.S., but $19 in Santiago; Maria-Teresa sells it for $15.

"People want the best quality for the price, so they buy the formula made in the U.S.," she told the paper.

Of course. Nothing but the best, compliments of the American taxpayer.

There is more to the food-stamp fraud business, however. As the Post reports, Maria-Teresa says her Bronx-based sis has local grocers ring up phoney $250 transactions with her EBT card. In exchange, the stores give her $200 in cash and pocket the remaining fifty bucks. No goods are actually bought or exchanged; rather, her sister sends the money to Santiago - that is, whatever's left over from spending it on liquor and other non-food items.

"We do it all the time, and a lot of people do this," Maria-Teresa said. "It's a way of laundering money, but it's easier because it's free."

Report: Israel Bombs Another Syrian Weapons Convoy - Middle East - News - Israel National News

Report: Israel Bombs Another Syrian Weapons Convoy - Middle East - News - Israel National News
First Publish: 7/28/2013, 7:22 PM

IAF F-16
IAF F-16
IAF website
Israeli air force jets bombed trucks carrying Syrian missiles bound for Hizbullah's warehouses in Lebanon, according to Syrian opposition sources. The sources, were cited Sunday by Voice of Israel radio's Arabic-language service, which was quoted by i24 News.
The Friday night bombing reportedly targeted a Syrian military base near the town of Quneitra, not far from the Golan Heights cease-fire line.
This was the fifth known Israeli attack this year on Syrian weapons bound for Hizbullah. Syrian strongman Bashar al-Assad reportedly wants to send the weapons to Hizbullah for safekeeping, out of fears they will fall into the hands of the rebels forces fighting him inside Syria, whilst the Iranian-backed terrorist group seeks "game changing weapons" - such as anti-aircraft missiles - in exchange for its costly intervention in the Syrian civil war on behalf of the Syrian regime.
In the most recent such reported attack, a series of explosions rocked the Syrian port of Latakia, on July 5.
The explosions were the result of strikes by Israeli warplanes, multiple U.S. officials told CNN.
Regional media widely reported the predawn explosions at Latakia on July 5, but no one had officially claimed responsibility.
Three U.S. officials told CNN the target of the airstrikes were Russian-made Yakhont anti-ship missiles that Israel believes posed a threat to its naval forces.
The Syrian rebels said that “foreign forces” had destroyed the missiles in Latakia, hinting that Israel may have been behind the attack.
Other reports credited Israeli submarines with the attacks.

Activist Post: Myrtle Beach Outlaws Feeding the Homeless on Public AND Private Property

Activist Post: Myrtle Beach Outlaws Feeding the Homeless on Public AND Private Property

image source
Brandon Turbeville
Activist Post

Myrtle Beach, South Carolina is widely known as a growing city due to its popular beaches and an economy geared toward the attraction of tourists, golfers, and vacationers. Any such community, of course, is naturally going to compete with other geographically similar locations. Thus, not to be outdone by other beach communities such as Orlando, Florida,[1] Myrtle Beach has now followed suit in banning good Samaritans from engaging in such charitable acts as feeding the homeless.[2]

In yet one more example of just how far the Nanny police state complex and the nightmare of overwhelming bureaucracy have become, not only has Myrtle Beach outlawed the use of public parks to feed those in need, frothing bureaucrats have also been instrumental in preventing these people from feeding the homeless on their own private property or even in churches.

Such is the revelation, previously unknown to many area residents, with the court case of Richard Hopkins, an area Quaker who feels that, as a follower of Jesus Christ, he is required to assist those less fortunate than he. While this may seem to many to be a noble gesture and an act of true charity to many, the city of Myrtle Beach, with its legion of bureaucrats and uniformed goons, sees Hopkins act as a crime.

Indeed, Hopkins does not deny the acts which he is accused of committing – feeding homeless people in Chapin Park on March 9 – and for that he was found guilty of a misdemeanor crime and given a $1,092 fine.

This issue initially arose around the fact that Myrtle Beach bureaucrats and city officials demand that a permit be issued for use of a public park by the very public that paid for the park to begin with. Hopkins, of course, was not using the park for commercial gain but that did not stop Myrtle Beach Law Enforcement from faithfully surrendering their brains and basic humanity to the city code guidelines and forcing Hopkins to cease feeding the hungry and even issuing him a citation for doing so.


With such a clear case of outrageous rule-following on the part of the city of Myrtle Beach, one might at first suspect that the City would like to keep the issue under wraps if for no other reason than the potentially negative public relations that might result from it. Instead, the City actually continued to prosecute Hopkins even going so far as bringing in an outside attorney, Mike Battle, at the cost of $215 per hour to ensure the Quaker’s conviction.

Hopkins was represented by Susan Dunn, the legal Director of the American Civil Liberties Union (ACLU) of South Carolina who has stated that the requirement of a permit opens several Constitutional questions in and of itself.

However, the Nanny state rules and regulations do not stop there. In order to simply prepare food and provide it to those who would otherwise have nothing, Hopkins would be required to submit to the South Carolina Department of Health and Environmental Control (DHEC) for inspection, approval, and permission as well as take out a $1 million liability insurance policy.

Once Hopkins was made aware of his heinous crimes by the brave police officer William Heine who so selflessly stormed the scene after witnessing the horror of homeless locals receiving food, Hopkins received an invitation by an interim pastor at the First Methodist Church to use the church’s facilities for feeding the homeless.

But the city of Myrtle Beach is not to be challenged and, Hopkins claims, shortly after the food drives began, “We were told by the pastor that the city manager called him and told him not to allow us to use the church anymore.” Although it should be noted that the City Manager Tom Leath denies having ever made such a call, considering the track of the City thus far, and considering the fact that neither Hopkins or the church have a legitimate reason to lie about such a call, it is highly likely that City Manager is the party to falsehood in this particular story.

For that reason, Hopkins then relocated his charity initiative to private property which he claims he was told was an acceptable method of doling out the food. However, yet again, Hopkins was chased down by the always honorable city police and zoning officials and was subsequently told that his charitable efforts were violating city zoning laws.

Although City Judge Glenn Ohanesian found Hopkins guilty of operating without a permit, his fine was at least suspended. However, the fact that Ohanesian found Hopkins guilty should not be lost nor should the fact that Hopkins never should have been in court to begin with. Nor should he ever have had to contend with Myrtle Beach’s bureaucrat and law enforcement communities.

In the end, Susan Dunn has stated that the case will likely be appealed to the circuit court. One can only hope that the judges who hear the case will have more rational minds than judge Ohanesian and that the residents of Myrtle Beach will wake up to the fact that their city has become yet another roost for petty control freaks and overzealous law enforcement.

Notes:

[1] “Orlando Activists Arrested For Feed Homeless In Defiance Of City Ordinance.” Huffington Post. August 10, 2011.http://www.huffingtonpost.com/2011/06/10/orlando-food-not-bombs-arrests_n_874840.html Accessed on July 29, 2013.
[2] O’dare, Tom. “Myrtle Beach judge rules citizens can’t feed homeless in public park, appeal likely.” My Horry News.com. July 26, 2013.http://m.myhorrynews.com/news/local/myrtle_beach/article_ffd75928-f540-11e2-9236-001a4bcf6878.html Accessed on July 29, 2013.

Read other articles by Brandon Turbeville here.

Brandon Turbeville is an author out of Florence, South Carolina. He has a Bachelor's Degree from Francis Marion University and is the author of three books, Codex Alimentarius -- The End of Health Freedom, 7 Real Conspiracies, and Five Sense Solutions and Dispatches From a Dissident. Turbeville has published over 200 articles dealing on a wide variety of subjects including health, economics, government corruption, and civil liberties. Brandon Turbeville's podcast Truth on The Tracks can be found every Monday night 9 pm EST at UCYTV.  He is available for radio and TV interviews. Please contact activistpost (at) gmail.com.

Enhanced Video of Shooting of Sammy Yatim by Toronto Police

 

Sammy Yatim, 18, was shot dead while on a TTC streetcar by Toronto Police early Saturday, July 27, 2013.

The province's special investigations unit has been called in to probe a shooting involving police.

A man was shot while on a streetcar on Dundas St, west of Bathurst St just after midnight Saturday morning.

The SIU says there was an interaction between the man and police. The man was shot and taken to hospital, where he later died.

Reports say the initial call to police was about a man on a streetcar with a knife.

The SIU has assigned six investigations and two forensic investigators to the case.

The unit is called in to investigate reports involving police where there has been a death or serious injury.

Von der Rettung ins Kasino: Spanische Banken zocken mit deutschen Steuergeldern | DEUTSCHE WIRTSCHAFTS NACHRICHTEN

Von der Rettung ins Kasino: Spanische Banken zocken mit deutschen Steuergeldern | DEUTSCHE WIRTSCHAFTS NACHRICHTEN
Vor gut einem Jahr haben die europäischen Steuerzahler vier spanische Banken mit Mitteln aus dem ESM gerettet. Die Banken haben ihre Schrottpapiere ausgelagert und zocken nun wieder, als wäre nichts geschehen. Die deutschen Steuerzahler finanzieren den Wahnsinn mit 21,6 Milliarden Euro.
Spielbein, Standbein: Angela Merkel und Mariano Rajoy. Die spanischen Banken zocken wieder - dank deutscher Steuermilliarden. Foto: consilium)
Spielbein, Standbein: Angela Merkel und Mariano Rajoy. Die spanischen Banken zocken wieder – dank deutscher Steuermilliarden. Foto: consilium)
Vor ziemlich genau einem Jahr wurden die deutschen Steuerzahler in einer sommerlichen Krisen-Sitzung vom Deutschen Bundestag um 21,6 Milliarden Euro erleichtert. Mit dem Geld wurden die spanischen Banken gerettet, damit der Euro nicht zerfällt. Die Banken haben daraufhin ihre Schrottpapiere an eine Bad-Bank ausgelagert – und erneut mit dem Zocken begonnen.
Insgesamt haben die Spanier einen Rettungsanspruch von 80 Milliarden aus dem ESM.
Wie es scheint, tragen sie das Geld direkt nach Erhalt wieder ins Kasino.
Ende Mai umfassten die toxischen Papiere in den Büchern der spanischen Banken mit 11,2 Prozent einen fast so hohen Anteil wie im November des Vorjahres, als mit 11,4 Prozent ein Rekordwert erreicht wurde. Das gab die spanische Zentralbank Anfang Juli bekannt. Mit 170 Milliarden betrugen diese gefährdeten Positionen sogar um gut 14 Milliarden mehr als vor einem Jahr, als der ESM-Deal vereinbart wurde. Im Jahr 2007, vor der Finanzmarktkrise, schätzte man die Risiko-Papiere noch auf ein Prozent der Gesamtsumme.
Von den vier mit ESM-Geldern gestützten Banken befinden sich drei nach wie vor in argen Turbulenzen. Erst Anfang Juli stufte die Ratingagentur Moody´s sowohl die Banco Catalunya, die Banco NCG als auch die Bankia erneut um mehrere Noten herab. Das vierte ESM-gestützte Institut, die Banco Valencia, wurde von der größten spanischen Bank, der Caixa, übernommen.
Überhaupt hat sich die Caixa mit den hohen Abschreibungen aus dem Immobilien-Crash und den Konsolidierungen am spanischen Bankenmarkt noch am besten geschlagen. Das liegt auch daran, dass sie ihre Gewinne aus risikoreichen Investment-Geschäften langsam wieder nach oben schraubt, wie aus ihrem Halbjahresbericht 2013 hervorgeht. 440 Millionen Euro betrugen die Einnahmen aus dem Investment-Portfolio im ersten Halbjahr 2013. Ihr Derivat-Portfolio dehnte die Bank im Vergleich zum Vorjahr um ein Viertel aus. Wie alle spanischen Institute hat aber auch sie noch viele faule Kredite in den Bilanzen.
In den Kreditreihen der drei in Staatsbesitz stehenden Banken stecken die größten Risiken – trotz milliardenschweren, aus europäischen Steuergeldern finanzierten Rettungspaketen. Auch die Auslagerung von toxischen Papieren an die vom Staat eigens gegründete Bad-Bank („SAREB“) ändert daran nur wenig. Hypotheken-Kredite in Höhe von 50 Milliarden Euro haben die geretteten Banken bisher an die Bad Bank ausgelagert. Schulden, die für den Staat noch schlagend werden könnten.
Der staatliche Rettungsfonds FROB will nach dem Verkauf der Banco Valencia an die Caixa auch die Banco NCG und die Banco Catalunya loswerden. Die schlechter werdende Finanzlage der Institute zwinge den Fonds zu einem rascheren Handeln als geplant, heißt es von Vertretern des FROB. Im Februar war der Verkauf der mit neun Milliarden Euro aus dem ESM geretteten Catalunya noch gescheitert.
Seitdem begannen die Banken vermehrt, gepfändete Immobilien abzustoßen, deren Hypotheken von den Eigentümern nicht mehr bedient werden konnten. Kein leichtes Unterfangen, betrachtet man das stark gesunkene Preisniveau auf dem Immobilienmarkt. Experten rechnen mit einem weiteren Abfall der Preise um mindestens 20 Prozent bevor die Talsohle erreicht wird.
Doch während die Bankhäuser noch immer händeringend um Wege zur Auslagerung ihrer Schrott-Papiere suchen, nützen sie gleichzeitig das billige Zentralbankgeld, um neue Risiko-Geschäfte einzugehen. Neben der Caixa ist vor allem die Bankia-Gruppe ein gutes Beispiel hierfür. Sie war Ende 2012 am stärksten von den riesigen Verlusten betroffen, die die meisten spanischen Banken letztes Jahr einfuhren. Die zwei Milliarden Euro Jahresverlust bedeuteten das größte Minus eines Unternehmens in der Geschichte Spaniens. Die viertgrößte Bank Spaniens stand damit nur knapp vor der Insolvenz.
Im ersten Halbjahr fuhr der Mutterkonzern BFA-Bankia schon wieder einen Vorsteuergewinn von 428 Millionen Euro ein. Davon kamen 192 Millionen von der Bankia selbst. Nicht eingerechnet sind die 1,8 Milliarden Euro, die die Gruppe allein an sogenannten hybriden Wertpapieren verdiente. Diese Mischformen aus Anlage- und Schuld-Papieren sind oft sehr komplex aufgebaut und risikoreich. Hier tut sich gerade ein neues, breites Betätigungsfeld für Spekulanten auf.
Was die Troika zu den noch immer steigenden Risiken in den Banken-Portfolios und der Ausweitung neuer spekulativer Trends zu sagen hat? Sie ist zufrieden. „Die Umsetzung des spanischen Finanzmarkt-Programmes bleibt auf Schiene“, heißt es in einem kürzlich erschienen IWF-Bericht. Gerade in den Ohren der Spanier muss das derzeit mehr wie eine Drohung klingen.

Marc Faber On Central Banker Actions: "Insane People Don't Realize They're Insane" | Zero Hedge

Marc Faber On Central Banker Actions: "Insane People Don't Realize They're Insane" | Zero Hedge
While we know that the Fed will be forced to taper in the short-term as it desperately avoids the 'appearance' of outright monetization that a falling deficit will create, Marc Faber sums up the endgame perfectly in this clip: "I don’t think they will come to their senses for the simple reason that insane people don't realize that they are insane." Faber adds, "they think they’re doing a great job," and in fact they believe - in general - that "if anything, we need to do more, not less." The 'forced-taper-to-plunge-to-untaper' progression means it's going to get worse; as Faber notes,QE/printing will continued indefinitely "until the system breaks down." Having printed this much money with such dismal results, Faber concludes, "the Fed is completely clueless."
Faber covers a wide-range of topics in this excellent interview - from Fed insanity and cluelessness to Gold confiscation and from China's dishonesty to the destabilizing reality of Stability-hoping Keynesianism...


Will the Fed stop printing?
I don’t think they will end QE. I rather think they will have to increase it because as you print money or as you purchase assets, from a central banking point of view, it loses its impact over time. In order to keep the impact going, you have to essentially increase it. I believe that the Dovish members of the Fed will print more money. Especially after the resignation of Mr. Bernanke early next year, when he will be replaced, there will be even more Dovish members.
Never end?
... until the system breaks down. My view would be that there will be money printing, and the problem with money printing is always that you don’t control where it goes to.
On the money-printers coming to their senses?
I don’t think they will come to their senses for the simple reason that insane people don’t realize that they are insane. They think they’re doing a great job. I talk to these people from time to time, and I know some of them. If you have a serious discussion with them, they lean towards the view, “Had we not implemented the QE programs, we would be in the greatest depression ever, so we’ve done a fantastic job.” The view is also, “If anything, we need to do more, not less.”
On the Un-Taper:
I don’t pay much attention to what the Fed publishes. When you read their statements, they are completely confused and very vague. In other words, all is data-drivenIf the stock market dropped ten, 20 percent, for sure there would be more QE programs.

On the other hand, if the economy is very strong, they may taper off somewhat. You get the picture. The worse the situation is in the US, whether regarding asset markets or the economy, the more QE there will be. The Fed doesn’t know anything else.
On China:
I think that for now, the US is still the dominant financial market and the dominant financial power. I think we have numerous problems in China, and I personally pay more attention to what is happening in China and in other emerging economies than to what Mr. Bernanke is saying.

The Chinese are not completely dishonest, but if you read between the lines of the hard-core statistics in China, in my view, they don’t match with the public statistics about GDP growth. The economy is growing at say, maximum 4 percent per annum, not 7.5 percent or 7.7 or 7.6 percent.
On the fallacy of central planning:
...we know what the result was of Stalin’s economic policies and so forth. The planning economy is a complete failure. But now, recently, they announced that they would also implement some macroeconomic policy decisions in structuring interest rates and monetary policies. They really think that they can steer the economy and that they can steer markets. Milton Friedman has written about this extensively. He thinks the introduction of essentially the Federal Reserve and with fiscal measures, the economic volatility in the US in the 20th Century was much higher than in the 19th Century, and this is correct.

One of the goals of so-called Keynesian policies would be to stabilize economic activity. In other words, you don’t have huge business cycle fluctuations and you have relative price stability. But please, tell me, where is economic stability nowadays, and where is price stability? Oil prices move up and down like crazy, home prices move up and down like crazy, and the stock market does the same. There’s far less stability than there ever was before, complementary of the Federal Reserve and essentially of the US Treasuries fiscal policies.
How does it all end?
I’m not thinking. I’m convinced. It will end very badly. It doesn’t mean it has to be tomorrow..

I think that is a very good question. Like the aristocracy in Europe in the 18th Century, they didn’t give up just the power. They kept that power, same as the aristocracy in Russia in the 19th Century. They didn’t give up the power. Eventually, they were slaughtered. I believe what will eventually happen is that you have a financial collapse of dimensions so bankers can’t do anything.

I don’t know what the end game will be, and whether we’ll still be alive or whether we’ll be in wars or in revolutions as the worst. That’s why I want to hold some physical gold.
On Gold confiscation:
Yes, that’s a good question. I wonder what will happen one day. Let’s take the worst-case scenario. We have either a social unrest, a revolution, or war. Governments decide, “Oh, the price of gold is going up substantially, let’s take it away from people.” In other words, you expropriate it.

There’s no point to hold physical gold somewhere in the sky. I would hold some physical gold in my proximity. In other words, I own some in Thailand and some in Hong Kong. I still have too much in Europe, but over time, I will move it to Asia.

I think it will, at that stage, not matter very much where you hold your gold, except it may matter where you hold your gold in terms of sovereign state. My sense is that the Asian countries are less likely to take the gold away than Western countries.