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Thursday, June 30, 2016

why digital / crypto currencies (e.g. bitcoin) keeps us in the same self-created traps as private / paper currencies

https://www.ureka.org/thoughts/view/7266/why-digital-crypto-currencies-eg-bitcoin-keeps-us-in-the-same-self-created-traps-as-private-paper-currencies

Shame on China for torturing animals

Italy Granted "Extraordinary " €150BN Bank Bailout Program To Prevent "Panic, Run On Deposits"

As we noted today, the rumors of an Italian bank bailout, which started on Monday morning, and were promptly shot down by Merkel the next day, got louder today after a Reuters report that the government is considering more creative ways to inject liquidity into Italy's banks. However that was just an appetizer to a main course, which came later today when as the WSJ reported citing a spokeswoman for the European Union’s executive arm that the "European Commission has authorized Italy to use government guarantees to create a precautionary liquidity support program for their banks."  
How did this happen so quietly under the table and without Merkel's blessing? WSJ says that the program was approved under the bloc’s “extraordinary crisis rules for state aid."
And here we thought that Italy's banks are actually doing so very well.  Oh wait, no we didn't.
As the WSJ notes, the proposed "crisis" plan is the "other leg of an intervention plan considered by the government" namely, the direct capital injection into Italian banks that would add up to €40 billion in capital to the banking sector", the one we profiled previously. It is also the plan that Merkel supposedly shut down before it got off the ground. However, Europe had a Plan B up its sleeve.
What are the details of this latest "crisis" program?
According to an EU official, the liquidity support program includes up to €150 billion ($166 billion) in government guarantees. The WSJ adds that the commission spokeswoman declined to comment on the amount of guarantees that were authorized, but said that the budget requested by the Italian government had been found to be proportionate. The Italian economy ministry declined to comment.
An amusing sidebar: "only solvent banks would qualify for the liquidity support program, which has been authorized until the end of the year." The problem is that with €360 billion in NPLs, every bank in Italy is insolvent, which implicitly means that they will all be found to be solvent or otherwise nobody will benefit.
Confirming the severity of the Italian fiasco, is that the decision which was taken on Sunday, had not been previously disclosed until the WSJ reported on it and "appears to be a first indication of governments moving to shore up banks in the wake of market turbulence following the Brexit referendum in the U.K."
In other words, just as we said before, Brexit was nothing more than a Europe-blessed "crisis" ploy designed to achieve two things: unleash more QE, which the BOE admitted will happen (most likely with the involvement of the ECB), and ii) to facilitate the bailout of insolvent Italian banks. To wit:

Homeland Security to Travelers: “Can We See Your Social Media Profile, Please?”

June 30, 2016   |   admintam

(COMMONDREAMSFile this under Another Unsettling Development: People who want to travel to the United States may soon have their Facebook profiles and other social media accounts “vetted” by the Department of Homeland Security (DHS) before entering.
A proposed change to the Electronic System for Travel Authorization (ESTA) and to Form I-94W posted to the government’s Federal Register last week suggests adding the following question: “Please enter information associated with your online presence—Provider/Platform—Social media identifier.”
These forms are filled out by all international travelers who wish to travel to the U.S. under the Visa Waiver Program.
The report states that this would be an “optional data field to request social media identifiers to be used for vetting purposes, as well as applicant contact information.”
“Collecting social media data will enhance the existing investigative process and provide DHS greater clarity and visibility to possible nefarious activity and connections by providing an additional tool set which analysts and investigators may use to better analyze and investigate the case,” the department further notes.
As Fusion reporter Kashmir Hill wrote, this overly broad request raises many questions for travelers.
“As phrased that could include your Twitter handle, the url for your Facebook page, your OkCupid or Grindr handle, your Instagram account, your Tumblr, your Vine account, your Snapchat, your Reddit account, your Pinterest page, your PornHub account, and any random messaging forums in which you take part,” Hill said. “Where does it end? Must you include an account if it’s private?”
Joseph Lorenzo Hall, chief technologist with The Center for Democracy & Technology, who first drew attention to the change, told the BBC that he hopes that U.S. government “rethinks” the proposal.
“Democracy in general requires having spaces free from government scrutiny and increasingly social life happens online,” Hall said. “We would have a poor society if people were chilled from participating in social activity online so I really hope they rethink this.”
For what it’s worth, the government is accepting comment on this proposal for the next 59 days.

Is Europe In Trouble Again: Hints Of Portuguese, Italian Bank Bailouts Suggest Not All Is Well

In the aftermath of Germany refusal to allow Italy to breach Eurozone regulations, and provide its banks with up to €40 billion in new capital, Italy has unveiled a new track to handle its insolvent banks and asReuters reports, the Italian government may have to inject capital directly into weaker banks to bolster their financial strength, a government source said on Thursday, adding it was waiting for the results of stress tests being conducted by European banking authorities. The results of the tests are expected to be published at the beginning of the third quarter.
The source told Reuters the government was also working on a plan to increase the firepower of bank bailout funds Atlante, which was set up in April to help lenders raise cash and sell bad loans, by 3-5 billion euros ($3.34-5.57 billion) by the summer. The source said the government was in talks with private pension funds to seek additional contributions for Atlante.
Other contributions were expected to come from the state lender Cassa Depositi e Prestiti and from a public company called Societa per la Gestione di Attivita.
And then, in a surprising follow up, the EU appears to have once again backtracked when Reuters headlines emerged suggesting that Europe would provide up to €150 billion for Italian banks"
  • LIQUIDITY SUPPORT FOR ITALIAN BANKS INCLUDES GOVERNMENT GUARANTEES OF UP TO EUR150 BILLION --EU OFFICIAL
  • BANK LIQUIDITY SUPPORT WAS REQUESTED BY ITALY FOR PRECAUTIONARY REASONS --COMMISSION SPOKESWOMAN
But...
  • LIQUIDITY SUPPORT APPLIES ONLY TO SOLVENT ITALIAN BANKS --COMMISSION SPOKESWOMAN
Which, technically is none of them, but practically any bank can - after the sufficient non-GAAP adjustments - pass for solvent.

Wall Street Answers When You Call 911 - #NewWorldNextWeek

 


Welcome to New World Next Week — the video series from Corbett Report and Media Monarchy that covers some of the most important developments in open source intelligence news. In this week’s episode:

Story #1: 7 In 10 Americans Agree Economy Rigged Against Them
http://bit.ly/296qHlh
Hate Winning, As Clinton-Trump Race Too Close To Call, Quinnipiac University National Poll Finds; Neither Candidate Would Be Good President, Voters Say
http://bit.ly/293Glsj
Solutions: Nullification
http://bit.ly/294NkBU
Open Source Solutions: An Open Source Investigation
http://bit.ly/296qONF
Thomas Freedman on Creating a Community Organization
http://bit.ly/296Tx3i
Lessons in Resistance: Building Communities
http://bit.ly/295ApSh
Solutions: Agorism
http://bit.ly/291zhvm
Solutions: Guerrilla Gardening
http://bit.ly/294NtFa
Avoiding Economic Collapse: Complementary Currencies
http://bit.ly/29b3Vbi
Solutions: Make Your Own Media
http://bit.ly/295AoO3

Story#2: Wall Street Answers When You Call 911
http://bit.ly/291zRJQ
Google’s Sidewalk Labs Wants To Run Public Transportation
http://bit.ly/29e1e9h
Flashback: 6 US Cities Tamper With Traffic Cameras For Profit (Mar. 26, 2008)
http://bit.ly/29r7ZAJ

Story #3: FEMA Contractor Predicts 'Social Unrest' Caused by 395% Food Price Spikes
http://bit.ly/296Tp3Y
Inside A Secret Government Warehouse Prepped For Health Catastrophes
http://bit.ly/295ZzPx
Flashback: Revolution, Flashmobs, and Brain Chips. A Grim Vision of the Future
http://bit.ly/293MKDF

#GoodNewsNextWeek: West Virginia Comes Together After Historic Floods
http://bit.ly/29gEWAG

#NewWorldNextWeek Headlines: Isn't It Amazing How Quickly Rigged Markets Can Be Brought Back Under Control?
http://bit.ly/293MIeE
Brexit Raises Doubts Over NATO-EU Military Cooperation
http://bit.ly/295ZHyu
CFR Stooge Says, “It’s Time for the Elites to Rise Up Against the Ignorant Masses”
http://bit.ly/29gF7MH
IRS Still Unrestrained on Asset Seizures Despite Deal to Return Confiscated Cash ūüö®ūüíį
http://bit.ly/294NF7C

Previous Episode: The Government of Mars Is Already Being Planned
http://bit.ly/296qJtw

'Ignorant Masses' Warn 'Elites' - "Go Ahead, Rise Up... But Be Careful What You Wish For"

And so it’s on…


In a spectacular display of the very ignorance against which he issues his call to arms, Traub shows how thoroughly infected the establishment is with their group-think.  God forbid the ‘fist shaking’ rabble would actually think for themselves and effect an “utter repudiation of the bankers and economists and Western heads of state who warned voters against the dangers of a split with the European Union.”  If there was a miscalculation on the part of David Cameron, it was “how utterly he misjudged his own people[‘s ability to think for themselves].”
Rise up against the ignorant masses? Be careful what you wish for, Mr. Traub… Your intellectual nakedness just might end up on full, public display.
The Foundational Issue: The Most Significant Unit of Society
Traub shows himself ignorant of both British and American history when he concludes: “[M]aybe we have become so inclined to celebrate the authenticity of all personal conviction that it is now elitist to believe in reason, expertise, and the lessons of history.”
Philosophically, ‘Scottish Common Sense Realism’ provides a framework for understanding how someone’s thinking would begin with ‘personal conviction’.  This framework lies at the heart of the thinking of authors like John Locke, on whom Thomas Jefferson depended heavily when writing the Declaration of Independence.
Locke’s philosophy of government and economics expresses this framework and stands in stark contrast to that of Thomas Hobbes. Between the two of them we can drive the difference down to a single question: What is the most significant unit of society?  The answer for those who would follow Hobbes is the State.  For those who would follow Locke it would be the individual.
Money and Monetary Policy: The Scaffolding of Society
At the heart of debates over economics, then, lies the matter of money.  If you are inclined to build on Hobbes’ premises, money is a tool of the State for ordering the affairs of society.  If you build on Locke’s foundation, money is a utility contrived first by individuals to facilitate commerce.  If we revisit the debate between Keynesian and Austrian economics, these two presumptions about the nature of money animate each philosophy.  Keynes presumed an essentially Progressive, statist understanding of human government.  His prescriptions for monetary policy follow quite logically.
The problem with Keynesian economics at this point in history (which Traub at least recognizes to be singular) is he could not have foreseen either the computer or how it has changed banking on the one hand and supply-chain management on the other.  Neither could he have entertained the deployment of massive amounts of capital to essentially speculative financial products – most of which would have been illegal in his time.  These two things have conspired to elevate what Keynes called the “Zero Level Boundary” to a point above zero where money has been made so cheap that the actual creation of new wealth (by improving things) cannot compete with speculation and stock buy-backs for available capital.  Or in other words: when the chips are free, who wouldn't gamble?

Only 9% of Germans back NATO buildup in Eastern Europe – poll

https://www.rt.com/news/349023-steinmeier-nato-buildup-poll/

Ein Ex-Bundeswehrsoldat klagt an

 


G√∂tz Wittneben spricht mit Marcel Claus √ľber seinen Leidensweg als Soldat mit einer Posttraumatischen Belastungsst√∂rung (PTBS)

Marcel Claus entschied sich nach der Zimmermanns-Lehre f√ľr die Karriere als Fallschirmspringer-Ausbilder bei der Bundeswehr. Er beschreibt die H√§rte seiner eigenen Ausbildung, die den Menschen zuweilen auf den Stand eines Tieres degradiert, das nur noch an Fressen und √úberleben denkt. Aktiv bildete er in sechs Jahren etwa 4000 Soldaten, M√§nner wie Frauen, im Manuellen Fallschirmsprung aus, bei dem sich der Fallschirm sofort √∂ffnet und die Soldaten mit bis zu 100 Kilo Gep√§ck, einschlie√ülich Waffen, aus etwa 400 Meter H√∂he abspringen. Fallschirmspringer haben in der milit√§rischen Planung die Aufgabe hinter den Linien im sogenannten „Feindesland“ zu operieren, es zu „infiltrieren“.
Im Laufe der Jahre wurde er angesichts des Afghanistankriegs und des Irakkriegs immer kritischer im Umgang mit den politischen Zielen der Bundeswehr, was nat√ľrlich zu inneren Konflikten mit der eigenen Aufgabe f√ľhrte. Im Januar/Februar 2008 nahm er an einem internationalen sogenannten „Kommandolehrgang“ in Frankreich teil, der sich als brutaler, menschenverachtender Selektionsprozess herausstellte. Marcel Claus w√§re dort fast gestorben, w√§re er nicht von einem Freund und Kameraden gerettet worden. Seitdem leidet er an einer Posttraumatischen Belastungsst√∂rung und ist praktisch arbeitsunf√§hig. Seit 7 Jahren k√§mpft er vor Gerichten und Versorgungs√§mtern um die Anerkennung als Berufsgesch√§digter bis hin zum Bundespr√§sidenten, v ergeblich. Marcel Claus will mit seinem √∂ffentlichen Auftritt tausenden ehemaligen Soldaten Mut machen, die ein √§hnliches Schicksal als traumatisierter Ex-Soldat erfahren, denen die Hilfe verweigert wird.

This is....


World's Most Systemically Dangerous Bank Crashes Back To Record Lows

Despite all the exuberance over the Brexit bounce in US (and UK) equities, never minds bonds, FX, and credit being far less enthusiastic, Deutsche Bank is plunging once again this morning. Having failed The Fed's stress test for the second year running and been diagnosed by The IMF as the world's most systemically dangerous financial entity, the giant Germanbank is getting slammed down almost 4% today, back near record lows as its 'Lehman-esque' path to devastation continues.
This is far from over!!
And if DB goes...
  

Strange Chemtrails Over Australia 6-24-2016

 

Posted on June 26, 2016, this interesting time-lapse video was captured near Sydney, Australia by owner of "Inner Sanctum Screen Printing" channel. -- The initial set of 3 trails appears relatively confined but ultimately morphs into a large bank of artificial Cirrus clouds. The single trails depart form typical aircraft chemtrails with their curious cork-screw appearance mostly at the beginning and end of each trail -- Later, we see an almost identical aerosol deployment of 3 trails suggesting they're released by drones, ground-based artillery or from cargo aircraft such as C-130 with a service ceiling above about 22,000 feet where normal cirrus clouds are formed. Original upload - https://youtu.be/M1gk2GLIzew

19-Year-Old Develops Robot Lawyer that Dismisses Your Unjust Parking Tickets

Simply and aptly named, Do Not Pay, the ingenious business of a 19-year-old Londoner has already saved citizens of the UK an estimated £2.9 million in civil fines for unjust parking tickets. Less than 2 years old, the already popular ‘Robot Lawyer’ service has assisted people in absolving some 160,000 tickets by helping users take advantage of the appeals process, which is generally overlooked and underused.
DoNotPay uses a simple chat-based interface to guide users through a range of basic questions to establish if an appeal on their parking ticket is possible. These include queries on whether there were any visible parking signs at the location where the ticket was given. The AI lawyer then guides the user through the lengthy appeals process.” [Source]
Receiving too many parking fines near his home, and discovering that most could be dismissed through the appeals process, Joshua Browder was motivated to act, and created the artificial intelligence service that became an instant hit . The service is now free and easy for anybody to use, providing public legal advice that not only helps people to avoid paying excessive parking fines, but also to avoid having to hire expensive law firms to represent them in such relatively simple legal matters.
‘I felt bad, because I knew that these drivers would be forced to go to exploitative law firms to get their issues resolved. To solve this problem, I realised that the best way to help people would be to create a computer program that could talk to users, generate appeals and answer questions like a human. I decided to create the UK’s first robot lawyer for consumers.’ – Joshua Browder
Browder, a Stanford University student of economics and computer science, has already turned down offers to buy him out, and now that the service is operating in London and New York City, he plans to open a DoNotPay site for the city of Seattle next.
“The robot was designed by Joshua who received advice from professors. His original website took three weeks to build, but the robot has been trickier and longer to create.
Donotpay was originally built to appeal parking fines, allowing motorists to pick one of 12 reasons of defence, then enter the relevant details and send a custom-generated appeal created by the website’s algorithm to the council in question.
With a success rate of 40 per cent, based on an average parking penalty of £60, Joshua has helped thousands of drivers save a total of more than £2million in parking fines.
He then it expanded it to help with other compensation battles.” [Source]
Revenue generation has sadly become a key priority for law enforcement agencies, and the reality is that government is frequently caught breaking their own laws in order to suck as much money as possible from the tax cattle. Browder’s views on exploitative policing are quite mature for someone of his demographic, and rather easy to comprehend for the public, especially to those who are familiar with the changing current of policing in the West, where departments now place greater emphasis on making money rather than ensuring public safety.
“I think the people getting parking tickets are the most vulnerable in society. These people aren’t looking to break the law. I think they’re being exploited as a revenue source by the local government.” [Source]
Screen Shot 2016-06-28 at 7.34.39 PM
What do you think about ideas like this? Are we seeing the evolution of revolution, where ingenious young entrepreneurs take on state corruption by making common sense solutions easy and affordable for the public?
How much longer will the state permit the existence of services like these which directly threaten the rich revenue streams of corporatized, for-profit government?

Read more articles from Vic Bishop.

About the Author
Vic Bishop is a staff writer for WakingTimes.com and OffgridOutpost.com Survival Tips blog. He is an observer of people, animals, nature, and he loves to ponder the connection and relationship between them all. A believer in always striving to becoming self-sufficient and free from the matrix, please track him down on Facebook.


This article (19-Year-Old Develops Robot Lawyer that Dismisses Your Unjust Parking Tickets) was originally created and published by Waking Times and is published here under a Creative Commons license with attribution to Vic Bishop and WakingTimes.com. It may be re-posted freely with proper attribution, author bio, and this copyright statement. Please contact WakingTimes@gmail.com for more info. 

Melinda Gates to Inject Indian Girls with Sterilization

http://humansarefree.com/2016/06/melinda-gates-to-inject-indian-girls.html?utm_campaign=shareaholic&utm_medium=google_plus&utm_source=socialnetwork

HRW, Amnesty call on UN to suspend Saudi Arabia from Human Rights Council

https://www.rt.com/news/348928-saudi-arabia-un-hrw-amnesty/

"Deutsche Bank Poses The Greatest Risk To The Global Financial System": IMF

Over three years ago we wrote "At $72.8 Trillion, Presenting The Bank With The Biggest Derivative Exposure In The World" in which we introduced a bank few until then had imagined was the riskiest in the world.
As we explained then "the bank with the single largest derivative exposure is not located in the US at all, but in the heart of Europe, and its name, as some may have guessed by now, is Deutsche Bank. The amount in question? €55,605,039,000,000. Which, converted into USD at the current EURUSD exchange rate amounts to $72,842,601,090,000....  Or roughly $2 trillion more than JPMorgan's."

So here we are three years later, when not only did Deutsche Bank just flunk the Fed's stress test for the second year in a row, but moments ago in a far more damning analysis, none other than the IMF disclosed that Deutsche Bank poses the greatest systemic risk to the global financial system, explicitly stating that the German bank "appears to be the most important net contributor to systemic risks."
Yes, the same bank whose stock price hit a record low just two days ago.
Here is the key section in the report:
Domestically, the largest German banks and insurance companies are highly interconnected. The highest degree of interconnectedness can be found between Allianz, Munich Re, Hannover Re, Deutsche Bank, Commerzbank and Aareal bank, with Allianz being the largest contributor to systemic risks among the publicly-traded German financials.Both Deutsche Bank and Commerzbank are the source of outward spillovers to most other publicly-listed banks and insurers. Given the likelihood of distress spillovers between banks and life insurers, close monitoring and continued systemic risk analysis by authorities is warranted.

Among the G-SIBs, Deutsche Bank appears to be the most important net contributor to systemic risks, followed by HSBC and Credit Suisse. In turn, Commerzbank, while an important player in Germany, does not appear to be a contributor to systemic risks globally. In general, Commerzbank tends to be the recipient of inward spillover from U.S. and European G-SIBs. The relative importance of Deutsche Bank underscores the importance of risk management, intense supervision of G-SIBs and the close monitoring of their cross-border exposures, as well as rapidly completing capacity to implement the new resolution regime.

Read more: http://www.zerohedge.com/news/2016-06-29/imf-deutsche-bank-poses-greatest-risk-global-financial-system

CETA-Verhandlungen k√ľnftig ohne UNS

 

Auf dem vergangenen EU-Gipfel verk√ľndete der EU-Kommissar Jean-Claude Juncker, dass die nationalen Parlamente von den weiteren CETA-Verhandlungen ausgeschlossen werden.

Aber CETA ist ja nicht TTIP. Oder? Mehr auf unserer Webseite: https://deutsch.rt.com/

Wednesday, June 29, 2016

You can't make this stuff up

It’s Time for the Elites to Rise Up Against the Ignorant Masses | Foreign Policy

FEMA Contractor: Unrest After 395% Food Price Spike Coming Soon

June 28, 2016   |   Claire Bernish


(
ANTIMEDIA) Preparations by various cogs of the national security complex, including FEMA, indicate a coming worldwide food shortage — and a resulting crisis marked by extreme civil unrest around the globe.
As Motherboard noted of two reports published previously by CNA Corporation, but which largely escaped attention, the world’s food supply could be insufficient to maintain even current populations much further into the future. And the crisis — which several factors indicate may already be underway — may begin to worsen considerably as early as 2020.
Employing a desktop game simulation of the conditions of a global food shortage, titled “Food Chain Reaction,” CNA’s Institute for Public Research brought together “65 officials from the US, Europe, Africa, India, Brazil, and key multilateral and intergovernmental institutions,” Motherboard explained. And the Institute, which oversaw the simulation, “primarily provides scientific research services for the Department of Homeland Security and the Federal Emergency Management Agency [FEMA].”
According to the website for Food Chain Reaction: A Global Food Security Game — no commentary on Orwellian overtones needed — the “simulation and exercise intended to improve understanding of how governments, institutions, and private sector interests might interact to address a crisis in the global food system,” and took place in early November 2015.
“The scenario,” the description continues, “is set five years from today in a world where population growth, rapid urbanization, extreme weather and political crises combine to threaten global food security. The game’s players — high-level decision makers representing nations, international institutions, and the private sector — will collaborate, negotiate, make decisions, and confront tradeoffs while dealing with a chain reaction of consequences resulting from their actions.”
Participants received the briefing for the game through a mock TV newscast, which “challenged players to imagine a global food system under stress due to extreme weather and other environmental factors, urbanization and other demographic pressures, rising global food prices, and falling food stock levels.”
After receiving information specific to each participant’s national and regional geography and climate, players were also permitted to employ solutions to the game’s burgeoning food crisis scenario on “national, bilateral, and/or broadly cooperative” levels.
Divided into four rounds, the simulation found spikes in food prices up to a whopping 395 percent, driven by extended crop failures in key regions, resultant from the confused reactions by international officials, drastic changes in the environment, and skyrocketing oil prices — many similar factors, the report notes, that drove a global food crisis spanning 2007 to 2008.
Though, at the height of the simulation’s worst repercussions, the food crisis affected virtually every societal and governmental aspect — such as mass civil unrest and widespread crop failures in the planet’s ‘breadbasket’ regions — the Institute ultimately painted a rosy picture of economic and agricultural recovery.
But for as detailed and reactive as the scope of the game sought to be, several glaring omissions likely skewed both results and proposed solutions — and despite backing from the U.S. government, the simulation’s corporate participants could have tacitly or overtly influenced the outcome.
Commissioned in part by Cargill, an industrial agribusiness behemoth, and Mars, the giant whose candy business has vested interests in promoting both genetically-modified food and industrial agriculture, the Food Chain Reaction simulation excluded among possible solutions the abolishment of industrial, factory farming. Considering large-scale agribusiness’ sizable impact on the environment, as well as the paradoxical systemwhereby industrial agriculture largely supports livestock from factory farms, that exclusion certainly calls into question any results.
Additionally, with FEMA an aspect of the futuristic simulation, it wouldn’t be outside the realm of possibility to see a call for increased funding in the name of ‘being prepared’ for a coming crisis of epic proportions.
Perhaps, though, an imperative exists in examining both the aspects of massive food shortage studied as well as potential solutions omitted. China recently began the push away from a meat-centric diet, in part because pollution from factory farms has wrought havoc in the air and water. All moralistic pontificating aside, a return to small-scale, organic farming and switching to vegetarian diets, or at least a reduction in consumption of meat, could avert or abate the coming crisis.