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You are here You are here: Home Café Café Blog Bank Guy in Brussels
  Tribute to bank guy in Brussels       From: Zero Hedge
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Snowden Withdraws Russia Asylum Request; Nine Countries Deny Application
Tue. 07/02/2013 09:13 -0400 |  From: Zero Hedge
By Tyler Durden
picture 16837bank guy in Brussels | Thu, 07/02/2013 - 09:34 | 3713602
Guidelines for Seeking Asylum

Strange how Edward Snowden seems not to appreciate being safe, protected by Vladimir Putin from being jailed and tortured in America

Instead he is acting like a spoiled American kid, shopping for a different amusement park for himself ... he seems to be playing games with both the media and with governments

The financially-troubled UK Guardian is devious too ... Guardian desperate for funds and are trying to stretch out the Snowden story to sell more Google ads on their website

If real, Snowden should dump and publish everything he was intending to publish, so that is behind him and accomplished ... and then thank God and Putin for his safe refuge ... and start a new life, speaking Russian, drinking good vodka and meeting Russian girls

Guidelines for Edward Snowden and Anyone Escaping from the USA Seeking Asylum

(1) Recognise that it is basically difficult, and in general, no country wants any asylum seekers from anywhere, aside from
(a) High-profile political defections in the case of current conflict with an adversary
(b) Countries like the US that have had somewhat 'easy' asylum as a back-door way of allowing immigration, in order to increase the labour pool, depress worker wages, and increase the number of citizens who are politically docile

(2) There is nothing special about an oppressive country or a tinpot dictatorship. Maybe half the countries in the world or more, are oppressive to some groups, and there are at least a billion people who would like to escape to more freedom. Therefore, US oppressed people ... welcome to the club along with tens of millions of Africans etc. You are just like them now, not 'more special' than them because it is the US dictatorship oppressing you.

(3) Especially, almost no one desires asylum seekers from the US because of
(a) Hostility and revenge by the US government
(b) Now that the US is a tinpot dictatorship, the number of oppressed, wrongfully accused etc US citizens who would want asylum could be a million or more, and no one wants to be flooded with arriving upset Americans
(c) The traditional arrogance of Americans, seen when they travel, they tend to feel they are 'exceptional', a 'chosen people', 'special' ... they tend to have an attitude of arrogance toward other cultures, wanting things 'their way' rather than trying to fit in

(4) What is really crazy is to treat 'asylum' as if picking restaurants to visit. Countries do not want to go out of their way to 'invite' asylum candidates from 3rd countries who are 'shopping'. This goes double if you are from the USA.

(5) As an asylum seeker, you should take the attitude of some poor Asian or African ... you are lucky to be in a place where you are not imprisoned, tortured, or facing a fake political trial. Be grateful, and try to adjust to where you are. Do not be arrogant with your hosts or imagine you can be 'shopping' for a place you like better. Thank God you are not in US custody.

(6) A lot of traditional asylum avenues are secretly or openly closed to USA victims. Canada is now a US poodle, it is not like in Pierre Trudeau's day accepting Vietnam War objectors. They give asylum seekers back to the US. Ditto the UK. And organisations like Amnesty International have a secret deal with the US, to not help USA victims, so they can get CIA and US-based funding. There is little 'help' out there

(7) Countries have in fact accepted US asylum seekers who have already arrived in certain places, but basically quietly and without fanfare, trying to avoid openly provoking the US bully ... and the media and Google Inc also co-operate in hiding the fact these events are occurring. Papers are given using various 'cover' mechanisms (employment etc) rather than open direct political asylum. A big media storm changes the game, however, and makes this more difficult.

(8) The basic strategy for an American asylum seeker is to arrive and already be in a place where you will, in practice, be difficult to dislodge by legal means, because the local legal system has enough integrity and independence, to not ship you back to the USA. In retrospect, for Edward Snowden, France or Italy might actually have been the best choice - but only if Snowden was there already.

(9) The whole thing with Julian Assange in Britain, fearing extradition to the US from Sweden, never made any sense at all. Not because Sweden would not do it, but because Britain itself has a special 'easy extradition' treaty with the USA, requiring little or no evidence. When Assange was roaming around the UK, in fancy rich people's houses, before being in the Ecuador embassy, the US could have asked the UK to grab Assange and ship him out, easier than with any other country in the world. Something seems fishy.

(10) You are not even safe when you think you are safe - Refugee from US, wanted on criminal charges for 'illegally' playing chess in a country targeted by US sanctions (!), the anti-Zionist Jew Bobby Fischer, finally got refuge in Iceland after being jailed for a time in Japan. Shortly afterwards, Fischer was mysteriously dead, perhaps a victim of assassination by CIA-Mossad medical disease spray. Iceland is a Nato country where Nato and CIA agents can roam freely. The CIA has admitted that Western Europe is the only sector of the planet they hesitate to kill people - but they still do it here. A country like Russia or China or Cuba, where CIA agents cannot roam freely or hire assassins, is probably best from a securiy viewpoint

(11) Recommendations for Mr Snowden, if you are genuine: Be grateful for Russian hospitality, do not insult the only people who may be keeping you alive and out of prison. Be cautious about Assange and Wikileaks, and the sometimes highly-corrupt UK Guardian. Stop playing teasing media games with the Guardian, to draw out your leaks so they can sell Google Ads - the Guardian is desperate for cash. Instead, dump and publish everything you were going to publish, right now, leaving aside only your 'insurance' part to help keep you alive, and thus you can satisfy Mr Putin's condition about not causing more international problems for him. You are in Russia and Putin says you can stay. Thank him, profusely. Take a few quiet weeks, start learning Russian, maybe drink some Green Label Russian vodka with some attractive female Russian FSB agents. Calm down in safety. After a few weeks, as the media storm rolls over and dissipates, you will have wiser perspective, and can start your new life. You have a new home, treat it with respect. Many Russians are great people. Living there, working there, and still being free 5 years from now when maybe the US empire collapses, will be a great triumph.

Things are turning from bad to worse for the real-life version of The Terminal's Edward Snowden, who a day after applying to 21 countries for political asylum has been flooded with rejection letters near and far, even as he was forced to cancel his application to his current host nation, Russia, after being told he would have to stop leaking secrets as a condition to stay. More from the FT:

  • “The 30-year-old fugitive’s options narrowed further on Tuesday when China reacted coolly to the idea of him moving there, Poland rejected an application and other European nations said asylum requests had to be made in the country.”

transit passengers area 350

Of the 21 applicants listed yesterday, so far 9 countries have rejected his asylum status application. These include:
     ■ Austria
     ■ Brazil
     ■ Ecuador
     ■ Finland<
     ■ India
     ■ Ireland
     ■ Norway
     ■ Poland
     ■ Spain

And with Russia now out of the running too, 10 out of 21 on the original list are out. The bulk of these countries rejected the application on a technicality, claiming that the applicant must be on their soil before he or she can be granted asylum status.

The countries still remaining on the eligible list include:
     ■ Bolivia
     ■ China
     ■ Cuba
     ■ France
     ■ Germany
     ■ Iceland
     ■ Italy
     ■ the Netherlands
     ■ Nicaragua
     ■ Switzerland
     ■ Venezuela

Of the above 11 Venezuela appears to be his best bet: “[Snowden] deserves the world’s protection. He has not asked us for it yet. When he does we will give our answer,” Venezuela's new president Máduro told Reuters during a visit to Moscow. “We think this young person has done something very important for humanity, has done a favour to humanity, has spoken great truths to deconstruct a world that . . . is controlled by an imperialist American elite.” Maduro added that his government had yet to receive a request, despite it being on the WikiLeaks list, but that he sympathised with the man wanted by Washington on spying charges.

What is shocking is how quickly Snowden's original destination, Ecuador, flipped a U-turn on his request. One wonders just what revealing pictures of Correa the NSA must have in its Utah facility.

On Monday, Ecuador which appeared to be Mr Snowden’s destination when he left Hong Kong 10 days ago, on Monday said it was no longer considering his request.

  • “It was a mistake on our part to have helped him travel to Russia,” President Rafael Correa said in an interview with the Guardian newspaper.”

As for Russia:

  • Dmitry Peskov, President Vladimir Putin’s spokesman, told reporters on Tuesday that Mr Snowden “has abandoned this idea and his request for permission to stay in Russia”. Mr Peskov said Russia had no plans to kick Mr Snowden out of Sheremetyevo airport where has been since June 23.
  • “The extradition of Snowden to such a country as the United States, which applies the death penalty, is impossible,” he said. However, he suggested that Moscow was not anxious for Mr Snowden to stay, echoing comments on Monday by Mr Putin. “Hypothetically, Snowden could stay in Russia but on one condition – he must abandon his intentions to engage in any form of anti-American activity that could be damaging for the United States,” Mr Peskov said.

Finally, as for China:

  • The Chinese government dodged questions about Mr Snowden’s application on Tuesday. “I have seen related reports, but I don’t have any information on the issue,” said Hua Chunying, foreign ministry spokeswoman
  • Mo Shaoping, a lawyer for Chinese dissident Liu Xiaobo, said he was not aware of asylum cases in China. “As far as I know, China doesn’t have laws in this area,” he said.

One wonders is Snowden's fate to return to the US, and face a lifetime in prison, if and when all of his purported future homelands give up on him?

continue reading at Zero Hedge

With German Elections Looming, Merkel Will Need A Coalition To Govern
Tue. 07/02/2013 19:36 -0400 |  From: Zero Hedge
By Tyler Durden
picture 16837bank guy in Brussels | Tue, 07/02/2013 - 19:53 | 3715863
On Merkel

LetThemEatRand | Tue, 07/02/2013 - 19:40 | 3715829
I know the answer! Say what the people want to hear, then when you are elected do the exact opposite.


bank guy in Brussels | Tue, 07/02/2013 - 19:53 | 3715863

Quite right

Merkel knows the wheels are about to come off the euro-bus, and she is promising the moon to Germans to get elected

Merkel sez, Moar German welfare benefits ! Tax cuts too ! ... with no clue as to who will pay for these things or how

For the German anti-euro crowd, Merkel's people are even leaking that she is getting sick of the euro, too, and she is ready to maybe think less of the EU and more of a 'Germanic north' concept with Scandinavia and so on ... with a deal for Russia for cheap energy !

Yeah, hope and change in a 3rd term for Merkel !

Would really like to see some countries leaving the euro and Deutsche Bank have a derivatives collapse before the German election day ...


bank guy in Brussels | Tue, 07/02/2013 - 20:08 | 3715919

The story about Merkel that I can't seem to forget, is about how in the early 1980s in the old East Germany, when Merkel was ditching her first husband who had been supporting her through PhD school, Merkel moved out while he was at work, and even took away his refrigerator ... apparently a difficult item to buy in the old Communist days

Have seen people asking if Merkel, like US Secretary of State John Kerry (whose family name was actually 'Kohn'), has also 'forgotten' she is Jewish like Kerry 'forgot' his father was Jewish from a family of Jews coming from Prague.

Merkel kept her first husband's family name along with his refrigerator, but she was born Angela Dorothea Kasner, daughter of a pro-Communist Christian Lutheran minister, Horst Kasner, tho 'Kasner' being a common Jewish name as well.

Merkel's mother was Herlind Jentzsch from the 'Galicia' that is the border area of Poland and Ukraine, also a possibly Jewish name, and in any case, about one-sixth of Polish citizens before 1940 were Jewish.

Merkel has been denounced for deporting German-speaking immigrant Romani ('Gypsy') children to poor and desperate places like conflict-torn Kosovo, the 'Gypsy deportations' appearing a little too Nazi-like for some of her critics, including some Jews

With less than three months before the German elections take place, Chancellor Merkel's party is still, by a wide margin, the most popular with voters. However, based on the latest polls, Goldman Sachs notes that Chancellor Merkel would need a coalition partner to form a government. Her current coalition partner, the FDP, has weak support, making a so-called 'Grand Coalition' with the Social Democrats still the most likely outcome - if Europe can just hold itself together for a few more weeks that is.

exhibit 1

Via Goldman Sachs, An Update on the German Elections

Chancellor Merkel's CDU/CSU doing well in the polls - but a coalition partner would be needed

The latest polls continue to show Chancellor Merkel's conservative CDU/CSU as by far the most popular party with voters. Its share of votes ranges, depending on the polling institute, from 38% to 43%. The opposition SPD comes in second by a wide margin, ranging from 22% to 26% in the polls. The Greens are in third place with 13%-14% of votes, while the Left Party is in the fourth spot (6% to 8%). Chancellor Merkel's coalition partner, the FDP, is running in fifth place, with polls showing its support at between 4% and 6%.

It is noteworthy that in the poll readings of the past couple of months the opposition has failed to gain momentum as the election campaign has increased in intensity. As the previous two elections have shown, poll readings can still change significantly, but it is difficult to see how the SPD could catch up with the CDU/CSU in a meaningful way. Some of the lacklustre performance of the SPD may reflect a further move of the CDU/CSU to the left. The election platform of the CDU/CSU, for example, now includes the introduction of a minimum wage and a cap on rent increases. Chancellor Merkel has more or less openly said that she is willing to adopt positions of the opposition that prove to be popular. While not everybody in her party is happy with this rather pragmatic approach - and it remains to be seen how much will be implemented in practice - this strategy has proven to be quite successful at the polls.

Another noteworthy point in reading the latest polls is that the newly founded anti-Euro party, Alternative for Germany (AfD), has failed to gain any traction and is still polling at between 2% and 3%. There appears to have been no rise in anti-European sentiment among the general public and, according to different polls, a large majority of Germans opposes a reintroduction of the Deutschmark.

exhibit 2As strong as the results for Chancellor Merkel's party look, she would still need a coalition partner to be able to form a government after the September elections. Exhibit 2 shows the various potential coalition combinations that we view as possible from a political perspective. Owing to the mechanics of the German election system (parties polling less than 5% of votes do not enter the Bundestag), winning 46% of the total of votes cast can be enough to command a majority in the Bundestag (although additional aspects of the electoral system make it difficult to give an exact number ex ante).

The polls suggest that a 'Grand Coalition' between the CDU/CSU and SPD is still the most likely outcome, although a continuation of the current coalition has become more likely recently as the FDP seems to be stabilising at the 5% threshold. On the latest poll results, a Grand Coalition would command a strong majority in the Bundestag, and potentially even a two-thirds majority that would allow a change of the constitution.

In the past, the FDP has occasionally benefited from strategic voting from CDU/CSU voters who 'lend' their vote to the FDP to help it pass the 5% hurdle. But if the CDU/CSU polls around the 40% level, such strategic voting would simply become a zero-sum game among the centre-right parties.

A so-called black-green coalition between the CDU/CSU and the Greens would also have a comfortable majority of seats in parliament, judging by the latest polls. However, we view such a coalition as fairly unlikely given the differences between the two parties in important areas.

Leading figures of the SPD have ruled out a coalition with the Left Party, making a three-party coalition between the parties on the left of the political spectrum rather unlikely. That said, a Grand Coalition with the Conservatives could increase tensions within the SPD significantly and we would not rule out that the party could reconsider its stance after election day. Lastly, there is the possibility of a 'traffic-light' coalition (to reflect the colours used by German parties) of the SPD, Greens and FDP. While all three parties have considered such a coalition in the past, we view a 'traffic-light' coalition as unlikely in this election, even if it were the only option for the SPD to avoid a Grand Coalition and for the FDP to stay in power.

Guest Post: The Risk Of European Centralization
Thu. 07/04/2013 10:26 -0400 |  From: Zero Hedge
By Otmar Issing, originally posted at Project Syndicate
picture 16837bank guy in Brussels | Thu, 07/04/2013 - 12:08 | 3721325
Eurozone vs. Nation States

Ghordius | Thu, 07/04/2013 - 11:26 | 3721232

this might shock some ZH readers, but indeed there are lots of people in the eurozone who push for moar europe, a federal europe, in some cases to the point of get rid of the old nation-states ("europe of the regions") and even go "full central", with one treasury, one army, one fleet, etc

you might not hear/read much of them because they discuss this in lots of different languages, and their voices don't surface much in the AngloSphere

having said that, I personally find they push too hard, too fast. the USA took some hundred years from quite loose confederation to tight federation, and another hundred years from tight federation to something I'd call an unitary state with vestigial federative principles, so what's the bloody hurry?

but of course nobody lives in a vacuum. the big actors on the stage are the US and China, both with strong, "purposeful" governments, and as often in history peers shape each other - and if you ask our federalists they do want to be recognized as peers by Uncle Sam and Uncle Wei


bank guy in Brussels | Thu, 07/04/2013 - 12:08 | 3721325

To my experience that is laughable bullshite

Among the many other Europeans I know, from the entire range of EU countries ... and across the full range of political spectra ... including quite a number of EU Commission staff members ...

Not a single one wants to 'get rid of the old nation-states'

Not one

Not a single one

Even tho that is the semi-official agenda of the EU grand pooh-bahs and their propagandists getting pay-cheques ... an agenda sneered at and laughted at by their own EU underlings

As the euro currency finally starts breaking up during the next 24 months - maybe much sooner - this will be very very clear

And thanks to the immense satanically destructive mess created by the euro, nationalism in Europe is very much baaaack ...


Ghordius | Fri, 07/05/2013 - 04:03 | 3722896

to your experience... does your experience encompass half a billion souls? I thought quite a long time about even answering this comment of yours, but any serious response would entail long, long posts

here, one example, Robert Menasse, Austrian (in German) - how many do you need? just give me a number

to make it easier, just note the whole "Europe of the Regions" complex, it's full of people thinking in this direction

I find interesting that you see the "semi-official agenda" of the EU tailored for a "non-existing" group - this without remembering that the guys that gets sent to Brussels have strong bonds to national interests. they are all "well rooted". but we also have millions of "EU-nomads" without those roots, and so with less access to the power that is a precondition for being sent to Brussels in the first place

your views on the EUR are strange, imho, but your views on the EU are getting stranger and stranger, too

ah, well, we'll see

For many European leaders, the eurozone crisis demonstrates the need for “more Europe,” the final aim being to create a full-fledged political union. Given the continent’s history of war and ideological division, and today’s challenges posed by globalization, a peaceful, prosperous, and united Europe that wields influence abroad is surely a desirable goal. But major disagreements about how to achieve that goal remain.

Historically, monetary union was regarded as the route to political union. In the 1950’s, the French economist Jacques Rueff, a close adviser to Charles de Gaulle, argued that “L’Europe se fera par la monnaie, ou ne se fera pas” (Europe will be made through the currency, or it will not be made). Germany’s President Richard von Weizsäcker echoed this view almost a half-century later, declaring that only via a single currency would Europeans achieve a common foreign policy. More recently, German Chancellor Angela Merkel asserted that “if the euro fails, Europe will fail.”

But the crisis confronting “Europe” is not so much about political union as it is about European Economic and Monetary Union. If anything, efforts to hold EMU together may have taken us further from the goal of a common foreign policy by re-igniting within member states (regardless of whether they give or receive financial aid) nationalist resentments that we hoped had died long ago.

Politicians launched monetary union in 1999, despite warnings that the constituent economies were too diverse. It wasn’t long before several states violated the Stability and Growth Pact. Later, the eurozone’s “no bail-out” principle was abandoned. The response to these failings, however, was a demand for greater economic integration, including such intermediate steps as the creation of a “European finance minister” or an EU commissioner with sweeping powers to facilitate closer integration.

Such ideas, of course, ignored the central issues of national sovereignty and democracy, and specifically the privilege of nationally elected governments and parliaments to determine their own taxes and public spending. The fact that sovereign member states did not deliver on their European commitments is hardly a convincing argument for giving up sovereignty now.

In short, all of the measures that would implicitly support political union have turned out to be inconsistent and dangerous. They have involved huge financial risks for eurozone members. They have fueled tensions among member states. Perhaps most important, they have undermined the basis on which political union rests – namely, persuading European Union citizens to identify with the European idea.

Public support for “Europe” depends to a large degree on its economic success. Indeed, it is Europe’s economic achievements that give it a political voice in the world. But, as the current crisis indicates, the best-performing EU economies are those with (relatively) flexible labor markets, reasonable tax rates, and open access to professions and business.

Moreover, the impetus for economic reform has come not from the EU, but from national governments, one of the most successful examples being “Agenda 2010,” launched a decade ago by then-German Chancellor Gerhard Schröder. Numerous academic studies, following the work of the American economic historian Douglass North, support the notion that it is competition among states and regions that lays the groundwork for technological progress and economic growth. The total failure of the Lisbon Agenda, launched in March 2000 to make the EU “the most competitive and dynamic knowledge-base economy in the world” demonstrated the weakness of a centralized approach.

Arguably, in earlier centuries, it was competition within Europe that generated unparalleled dynamism and prosperity across much of the continent. To be sure, this was also a time of wars. However, this does not mean that centralization is the best – much less the only – way to guarantee peace.

But, once again, EU leaders responded by concluding the opposite: the Lisbon Agenda’s failure was interpreted as justifying still more harmonization and centralization of national policies. True to form, in his “State of the Union” address to the European Parliament in September 2012, European Commission President José Manuel Barroso called for a more powerful Commission.

This approach – harmonization, coordination, and centralized decision-making – continues to be regarded as a panacea for Europe’s problems. It is the sort of pretense of knowledge that the economist Friedrich von Hayek denounced as a recipe for constraining freedom and ensuring economic mediocrity. Indeed, the European project should start from the premise that appropriate institutions, property rights, and competition, together with a growth-friendly tax system and solid fiscal policies, are the basis of economic success.

The dangers of a centralizing approach can also be seen in the relationship between the 17 current eurozone members and the 11 non-eurozone EU states. As the former press on with greater integration, the adverse economic consequences of doing so are likely to deter the latter from EMU participation (which may be another sign that institutional competition cannot be suppressed forever).

There are plenty of areas in which common action at the EU level is both appropriate and efficient. Environmental policy is clearly one. But centralization of economic decision-making, as an end in itself, cannot underpin a prosperous and powerful Europe.

Jean Monnet, one of the EU’s founding fathers, once said that, given the chance to start the European integration process again, he would have begun with culture – a dimension in which we neither need nor want centralization. Europe’s cultural richness consists precisely in its diversity, and the basis for its finest achievements has been competition between people, institutions, and places. Its current economic malaise reflects European leaders’ prolonged efforts to deny the obvious.

41 IMF Bailouts And Counting – How Long Before The Entire System Collapses?
Sat. 07/06/2013 13:35 -0400 |  From: Zero Hedge
By Michael Snyder via The Economic Collapse blog
picture 16837bank guy in Brussels | Sat, 07/06/2013 - 16:22 | 3726790
IMF QE

Explosive but largely unknown fact - the IMF has actual authority to PRINT MONEY charged to the accounts of the IMF member nations !

Ambrose Evans-Pritchard covered this a while back ... When the shite hits the fan, the IMF itself can print ... and they certainly will

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/326966...

Broke nations are bailing out other broke nations with borrowed money. Round and round we go - where we stop nobody knows. As of April, 41 different countries had active financial "arrangements" with the IMF.

Sometimes they are called "bailouts" and sometimes they are called other things, but in every single case they involve loans. And most of the time, these loans come with very stringent conditions. It is a form of "global governance" that most people don't even know about.

For decades, the IMF has been able to use money as a way to force developing nations to do what it wants them to do. But up until fairly recently, this had mostly only been done with poor nations. But now an increasing number of wealthy nations are turning to the IMF for help. We have already seen Greece, Portugal, Ireland and Cyprus receive bailouts which were partly funded by the IMF, Spain has received a bailout for its banking sector, and as I noted yesterday, it is being projected that Italy will need a major bailout within six months. How long can this go on before the entire system collapses?

Well, that would depend on how much money the lender has.

continue reading at Zero Hedge

BouNDLeSS INFoRMaNT QE4
Sat. 07/06/2013 23:03 -0400 |  From: Zero Hedge
By williambanzai7

bernanke 07 13

picture 16837bank guy in Brussels | Sun, 07/07/2013 - 03:39 | 3727816
QE: Questionable Ethics

Barack Obama and his gay boyfriends will quite like this picture

Will lead Barack to invite Ben Bernanke over to the White House, for some private late night 'deep conversation' ...

Like George W Bush had with 'MilitaryStud' prostitute Mr Gannon - Guckert ...

Who also visited for a threesome evening when UK Prime Minister Tony Blair was at the White House too

Bush and Blair having a joking talk about going to the 'Gay Bar' ... hilarious -

http://www.youtube.com/watch?gl=GB&hl=en-GB&v=vCZvYXwBlkk

Israeli Subs Destroy Russian Missiles In Syria; Russia Holds Largest Post-Soviet Military Drill
Sun. 07/14/2013 12:39 -0400 |  From: Zero Hedge
By Tyler Durden
picture 16837bank guy in Brussels | Sun, 07/14/2013 - 13:58 | 3751748
Sub Warfare

Israelis may be responding to Russian helping Syria to recently both sink an Israeli submarine and shoot down an Israeli plane - not in mainstream news

On 4 May 2013 the Syrian navy apparently sunk one of these very same Israeli submarines, a German-built Dolphin.

This past Monday, 8 July 2013, the Israelis lost an F-16 fighter plane in the Mediterranean ... what is unsaid is that it was probably one of the Russian missiles in Syria that shot it down.

Much more is going on here than we can be sure of ...

Also, there are some heavy connections between Russia and Israel ...

Of the 8 million people in Israel (not counting Palestinian territory occupied by them), 1.5 million are Arabs within Israel, and 1 million of the people in Israel are Russians, who came over in the 1990s when the average Russian was in dire poverty, on the basis they had a Jewish ancestor, welcomed by Israel because Israel wanted more Jews

Of these 1 million Israeli Russian-speakers, maybe half do not consider themselves Jewish, and are often Orthodox Christian in religion ... they went to Israel because it seemed less poor and had warmer weather. Some of these Russian Israelis actually have anti-Jewish hatred, put up swastika graffiti in Israel etc

Amid that big 1990s Russian migration, a number of KGB agents and sympathisers went to Israel, Russia even supplying them with fake documents about a Jewish ancestor so they could get instant Israeli citizenship under Israel's 'White Jew' programme (Israel mostly rejects Jews from Africa who are black)

Some of these Russian Israelis have headed back home ... but most stay, liking the warmer weather, and they have Russian TV, a Russian-speaking Israeli political party etc

There is also in general the enormously powerful Russian-speaking Jewish mafia, mostly kicked out of Russia to Israel, but still with links to the Russian homeland

Complex …


bank guy in Brussels | Sun, 07/14/2013 - 14:03 | 3751741

Great material re Marvin Antelman, but probably hard for most ZH readers to digest

Has been summarised by radical Israeli journalist Barry Chamish

Essentially, the idea of Antelman is that Judaism has been hijacked by a group of Luciferian, non-believing Jews, who date back several centuries to a 'false Messiah' rabbi in Turkey, the godfather of today's atheist-Zionists and the leadership of Israel

Chamish argues that today's Israeli leaders are basically part of a plot to destroy Judaism (and really all religion), partly by sinking it into many evil deeds

As background it is important to know that most Jews were anti-Zionists before 1940 ... and in the 1930s Adolf Hitler himself supported atheist 'Labour Zionism' and emigration to Israel, while outlawing the more religious (anti-Zionist) Jewish groups

Short article by Chamish here on Rense

http://rense.com/general20/rabb.htm

While the (chemical) dust over Syria has yet to settle, one country is not waiting around before in tried and true fashion it kicks the proverbial hornets nest. Only this time the recipient of Israeli aggression is not some small country that can hardly afford to defend itself against made in the US, state-of-the-art weapons: it is Russia, if only indirectly. Last Friday, July 5, in the fog of the Egyptian coup, a contingent of 50 Russian-made Yakhont P-800 anti-ship missiles at the Syrian port-city of Latakia was destroyed. It has since become clear that the attack was launched by none other than an Israeli Dolphin-class (German-made) submarine according to a report in the British Sunday Times, which in turn contradicts a previous report that the attack had been the work of the Israeli air force.

israeli sub

Furthermore, the alleged Israeli naval strike was closely coordinated with the United States. While this open aggression on Russian interests in Syria for now remains unchallenged, one wonder what happens when the news hits that US-made weapons supporting Syrian "rebels" have been mysteriously blown up by Russian rockets and how furious the public outcry would be against such an open Russian provocation.

From Jerusalem Post:

According to the report, the Israeli fleet of German-built submarines launched a cruise missile at the weapons cache after which Syrian rebels reportedly attested to hearing early-morning explosions at a Syrian port-side naval barracks.

On Friday, anonymous US officials told CNN that Israel had carried out an air strike on the Syrian city.

Three unnamed US officials told CNN the IAF had targeted Russian-made Yakhont anti-ship missiles that could pose a threat to Israel.

Qassem Saadeddine, spokesman for the Free Syrian Army’s Supreme Military Council, said the pre-dawn attack hit Syrian Navy barracks at Safira, near the port of Latakia. The rebel forces’ intelligence network had identified newly supplied Yakhont missiles being stored there, he said.

“It was not the FSA that targeted this,” Saadeddine told Reuters. “It is not an attack that was carried out by rebels. This attack was either by air raid or long-range missiles fired from boats in the Mediterranean.”

A loud explosion was heard near Latakia on Wednesday, an opposition monitoring group said, but the cause of the blast was unclear.

Fast forward one week when we learn that in a perfectly unrelated event, a massive military drill involving naval forces, strategic bomber aircraft, missile-defense teams, tactical and strategic missiles, infantry, and armored vehicles took place in Russia's far east: a perfectly unrelated exercise that just happens to have 160,000 soliders, 1,000 tanks, 130 aircraft and 70 naval vessels that has been classified as the largest of its kind in the post-Soviet period.

continue reading at Zero Hedge

August 2013

No comments found.

Berlusconi Has Last Laugh As Italy Scrambles To Contain Fallout From Government Collapse
Sun. 09/29/2013 12:19 -0400 |  From: Zero Hedge
By Tyler Durden
picture 16837bank guy in Brussels | Thu, 09/29/2013 - 12:40 | 4003492
A Toast to Berlusconi

Cooking premium pasta tonight, to celebrate advance toward the inevitable departure of Italy and the other Southern countries from the euro

A toast to you Berlusconi ! Revenge is sweet, isn't it ?

Following yesterday's unexpected (if not shocking) news that ministers from Berlusconi's PDL have resigned en masse in order to push for new elections, leading to the latest Italian government crisis (in a long and distinguished series), Italy's premier Letta and president Napolitano are scrambling to preserve some stability, and not only they but moments ago Ansa reported that the management and supervisory boards of Italian megabank Intesa are set to meet at 6 pm, as not even the most optimistic see an easy way out of the political dead end Italy has found itself in now.

italy bond yield 350And while everyone's attention will be drawn to the financial markets' response, even as everyone knows another Italian - former Goldmanite and head of the Bank of Italy and current head of the ECB, Mario Draghi - has those under control (just think of all the "political capital"), the political situation is indeed very serious. So while the ECB will try to do "whatever it takes" to preserve stability, the math on the ground is far more problematic.

According to a Corriere della Sera reports, citing its own calculations, PM Letta needs to find 24 votes to win a possible confidence vote in Senate next week, Letta can count on 137 senators without former premier Berlusconi’s party and its allies. He needs 161 votes to win in the 315-seat Senate as the upper house also has 6 senators for life. Should the confidence vote not pass, he will have no choice but to resign leading to the second Italian elections in seven months.

Which is why as Reuters further reports, Letta will meet the president on Sunday in a few minutes, at 6 pm local time, "to try to chart a way out of a deep political crisis after Silvio Berlusconi pulled his ministers out of the government and called for new elections."

continued at Zero Hedge

When Hope Fails: Why Italian Banks Better Be Praying Draghi Can Still Do "Whatever It Takes"
Sun. 09/29/2013 13:43 -0400 |  From: Zero Hedge
By Tyler Durden
picture 16837bank guy in Brussels | Sun, 09/29/2013 - 14:35 | 4003675
Good Collateral

As Tyler himself has been saying in his difficult-to-read but important articles on shadow banking and the need for collateral

There is a great need for banks and other entities in the system to have 'good collateral' (i.e., government bonds) rather than cash ... and that is a major problem with QE because tho it spreads cash to the banksters, it 'silos' the collateral (the bonds bought) on the Central Bank balance sheet, where they are of little use to perpetually-needed shadow banking operations

In this bizarro banking world ... a bank with cash can lend it out or park it as reserves and thus basically lose the use of it ... tho there is also proprietary trading as well, gambling on mass financial destruction

But if a bank has a government bond ... well that can quickly be repo'd for cash, and the bank has both the cash AND the collateral, much better than cash, and greatly pumping up the bank's balance sheet in our Ponzi world

And since collateral in the system seems to be quite often re-hypothecated ... well, that's even better ... one million-euro or million-dollar gov't bond gets to turn into repo cash over and over again, ha !

Of course this will all end 'well' ... Ha ! ... Heck of a hyper-Ponzi game while it is being played

The ultimate implosion will be world-historical

When back in July 2012 Mario Draghi, on the verge of yet another Eurozone collapse, promised the world that he would do literally "whatever it takes" to defend the Euro, banks in the insolvent continent took his promise seriously, and ramped up their participation in the most epic Ponzi scheme conceived in Europe to a whole new level. The scheme, of course, was one where banks would buy sovereign bonds issued by their host country (most notably Spain and Italy), and subsequently repo them back to the ECB for near full cash (net of a minuscule haircut) collateral.

italian bank holdings 350

The problem for these same banks, is that while they engaged in the greatest ECB-backstopped leap of faith ever, and scrambled to buy every last piece of insolvent paper they could find, even as the host governments engaged in absolutely no structural reforms and raked up new record amounts of debt - while certainly wasting no time in blaming (f)austerity for every political failure due solely to their corruption and incompetence - the ECB had no real deus ex machina up its sleeve. What it did have is an imaginary "forward guidance" construct - a monetary "all in gamble" backed by what little faith in the ECB remained - dubbed the OMT (or the Outright Monetary Transactions) program, its only purpose was to boost confidence and to force the selling wave to end, replacing it with mindless buying.

It succeeded for a while.

The biggest drawback of the OMT, however, is that it was never actually meant to be put into operation, and a year and a half after its inception, there is still no legal term sheet, or conditionality framework, in which it would be enacted into practice. The reason is simple: the OMT was never supposed to be actually enacted as an outright, unsterilized monetization mechanism, and certainly not before the Merkel re-election. Doing so who destroy any chance the Chancellor had of storming to the top, as it would become clear to Germany that the only possible fallback plan Europe has, is to jump head first in a strategy made quite clear by both the Fed and the BOJ, namely epic, unbridled unsterilized monetization of debt, bringing those so painful Weimar Republic flashbacks with it. Something Germans is all too familiar with.

In other words, beginning in July 2012, Europe's only strategy became hope. Hope that nothing bad would ever again happen. Hope that monetary policy can mask the absolute failure that fiscal policy across the continent (and world) had and has become. Hope that nobody ever calls the bluff of either the ECB, or the global central bank syndicate.

Over the weekend, Sylvio Berlusconi just called that bluff by telling his ministers to submit their resignations.

continue reading at Zero Hedge

CEO Of Italy's Largest Bank Surprisingly Resigns
Sun. 09/29/2013 18:05 -0400 |  From: Zero Hedge
By Tyler Durden
picture 16837bank guy in Brussels | Sun, 09/29/2013 - 18:39 | 4004093
Italy's Strong Family Support

As to why 'no tearing of the social fabric' in Italy, a very good article recently - maybe on ZeroHedge, I forget where - explained just that.

Italian households are quite rich, low indebtedness and high savings. High public debt but one of the lowest household debt ratios in Western Europe. 'Richer than Germans' technically, tho that is skewed by the fact many Germans don't own houses, but rent publicly-owned property at nice rates.

In Italy a huge percentage of its aging population gets a pension, too. Moreover, Italians are not 'loners' and are very comfortable living with family and at home. The pensions are not big - 1000 euros per month is good in Italy - but they add to the savings cushion.

For the pensioners, it is also not so big a deal that prices are stable or getting lower on many goods in a downturn economy.

Yes, entrepreneurs have it tough with choked-off credit ... but the average Italian family is getting by with family support and the savings cushion.

The strong family support in all the Mediterranean countries, in fact, is a key factor in the lack of social revolution so far in Europe ... but that revolution may yet still arrive, quite shortly, in fact


bank guy in Brussels | Sun, 09/29/2013 - 18:45 | 4004103

Article critiquing Beppe Grillo as a tool of the US regime and its banksters, a fake 'reformer'

'Italy's Grillo exposed as tool of [US] State Department, Goldman Sachs'

http://www.presstv.ir/detail/2013/03/27/295349/italian-demagogue-exposed...


TAGS:

   ■ Beppe Grillo
   ■ denagogue
■ Goldman Sachs
■ banksters
■ household debt
■ pensioner

The situation in Italy appears to be going from bad to worse. With a confidence vote pending for Tuesday as the government dissolves into chaos for the umpteenth time, and following the resignation of the CEO of one of Italy's largest non-financial corporations (Telecom Italia), the largest bank (by assets) in Italy - Intesa SanPaolo has announced - effective immediately - the resignation of its CEO and replacement with Carlo Messina.

italy ceo 350

According to sources, the now former CEO had lost the confidence of shareholders (which is odd given the bank's stock is near 2-year highs). We can't help but wonder Ayn Rand-like at the devolution of the ruling class in Italy and what happens next (in light of the crumbling manufacturing and production data).

As we noted previously, things do not look so good for Italy (as a reminder the 3rd most indebted nation in the world)...

Italy’s Stability Program targets a 5%-6% primary budget surplus, and 3% nominal GDP growth. Both strike JPMorgan's Michael Cembalest as unrealistic in the context of post-crisis Italy. Italy ran a 6% surplus for a brief moment in the 1990’s but it didn’t last, as it was the result of a prior devaluation helping growth, some asset sales and some tax increases. Only asset sales seem feasible in Italy right now, if anything.

If Cembalest's concerns are correct, Italy will remain a country with almost twice the debt/GDP ratio as the US; unbreakable interdependency of the government, the banks, and the ECB; and low GDP and employment growth. If history is any guide, he will be right as the last few years have seen the biggest collapse in Italian GDP since The Unification in 1861...

The question remains - why no tearing of the social fabric? or is this diminution of the ruling elite about to bring reality back to the masses?

Ku Klux Klan Rally Among Government Shut Down Casualties
Tue. 10/01/2013 17:30 -0400 |  From: Zero Hedge
By Tyler Durden
picture 16837bank guy in Brussels | Tue, 10/01/2013 - 17:48 | 4011726
Black-Robed Klan

And it does seem like the white-robed Ku Klux Klan from the beginning was tied up with the Establishment

The real problem in America are the black-robed Klan

... The bribe-taking judges who work for the American oligarchy, and who pride themselves on always creating new 'reasons' why the US Constitution does not apply

« Appeal Denied ... Motion Denied ... Constitution Denied ... Judgment in Favour of the Oligarchs, Bitchez ! »

- United States Supreme Court of Black-Robed Mo-Fo's


bank guy in Brussels | Tue, 10/01/2013 - 17:53 | 4011755

And it does seem like the white-robed Ku Klux Klan from the beginning was tied up with the Establishment

Particularly the Freemasons, including the famous Klansman Albert Pike, and all of those associations

Klan was dumped by the Powers That Be in mid-20th century ... but the Powers That Be often promote and then dump their vehicles, like the Nazi party of Adolf Schiklgrüber Hitler


TAGS:

   ■ bribe-taking judges
   ■ Freemasons
■ oligarchy
 
■ Ku Klux Klan
 

While over 800,000 furloughed government workers took the bulk of today's "shutdown" hit (even if that means record high traffic and ad revenues for the world's porn websites) in the form of compensation (that is merely delayed) one of the parties impacted by the first government shutdown in 17 years was none other than the Ku Klux Klan.

kkk 350

Reuters reports that a KKK rally was one of the first casualties of the U.S. government shutdown on Tuesday when National Parks officials told the white supremacist group the event would have to be canceled. The KKK had been granted a permit for what it dubbed a First Amendment demonstration on Saturday at Gettysburg National Military Park, but park officials said it could not take place because all National Parks have been closed. "Because of the federal government shutdown, Gettysburg National Military Park has rescinded all permits for special events, including the October 5 First Amendment demonstration," the park said in a statement.

The surreality continues:

  • Park officials had previously defended the decision to allow the KKK event, saying the group was entitled to the free speech protections afforded by the First Amendment of the U.S. Constitution.
  • “As custodians of land owned by the American people, the National Park Service has a responsibility to make the land available for exercising those rights,” a statement from the parks said.

One truly can't make this up.

But as long as the KKK sold the VIX and were long the S&P today in the last minutes of trading, we are confident they will get over this minor snub of their "first amendment" rights. Because there is nothing quite like feeling the warm glow of a little Fed-created "wealth effect" when unable to express one's encompassing love for all human brethren of all colors and ethnicities.

US Banks Stuffing ATMs With 20-30% More Cash In Case Of Panicked Withdrawals
Thu. 10/03/2013 18:31 -0400 |  From: Zero Hedge
By Tyler Durden
picture 16837bank guy in Brussels | Thu, 10/03/2013 - 18:58 | 4020746
Red Money

What the American oligarchs are really salivating at, the final 'fix', is

Seizing that US $ 19 trillion of pension & 401k funds etc in America

Grabbing that and the bank accounts will be their final big play, 'for the security & protection of all US citizens' of course

Just like in Poland and Cyprus

'Today Poland, tomorrow the world !' as Adolf Shicklgrüber Hitler said


bank guy in Brussels Thu, 10/03/2013 - 19:03 | 4020768

red money 199For newer people here ... a ZH classic, 'red money'

Way back in July 2010 on ZeroHedge, Bruce Krasting did a great piece on the age-old Wall Street story, on how the US Fed and government might suddenly be very motivated to replace all the current currency notes, with 'red money' that is already printed, waiting at Federal Reserve Banks ... making all the 'green money' notes held all around the world, invalid within 90 days or so

http://www.zerohedge.com/article/red-money-conspiracy-theory-11

« I believe in Red Money ! »


TAGS:

   ■ bail-in
   ■ Federal Reserve
■ oligarchs
■ Hitler
■ 401(k)
■ Red Money

Even as the fearmongering over the debt ceiling hits proportions not seen since 2011 (when it was the precipitous drop in the market that catalyzed a resolution in the final minutes, and when four consecutive 400 point up and down DJIA days cemented the deal - a scenario that may be repeated again), some banks are taking things more seriously, and being well-aware that when it comes to banks, any initial panic merely perpetuates more panic, have taken some radical steps.

The FT reports that "two of the country’s 10 biggest banks said they were putting into place a “playbook” used in August 2011 when the government last came close to breaching the debt ceiling. One senior executive said his bank was delivering 20-30 per cent more cash than usual in case panicked customers tried to withdraw funds en masse. Banks are also holding daily emergency meetings to discuss other steps, including possible free overdrafts for customers reliant on social security payments from the government."

The problem with bank runs is that often times, steps taken to mitigate future panics become self-fulfilling prophecies.:

Hopefully this is not one of those cases. Then again, since increasingly fewer Americans actually have money in deposit and savings accounts with banks, there is likely nothing to worry about.

h/t Gaganpreet

Google vs Facebook Vying for Global Internet Dominance
Thu. 10/05/2013 19:29 -0400 |  From: Zero Hedge
By EconMatters
picture 16837bank guy in Brussels | Sat, 10/12/2013 - 19:44 | 4026692
CIA/NSA/Mossad & Data Mining Technologies

'Ex-Agent: CIA Seed Money Helped Launch Google', retired intelligence agent Robert David Steele interviewed by Paul Joseph Watson, and speaking of the CIA's Dr Rick Steinheiser and his connections with Google:
http://www.infowars.com/articles/bb/google_cia_seed_money_launched_googl...

« Intercepted emails expose Google as an intelligence contractor openly involved in aiding terror organizations throughout Africa, Asia and the world, working well outside any official oversight and authority, far beyond even the CIA’s wildest abuses. » 'Google, Beyond the CIA: Insurgency and Espionage Factory'
http://www.veteranstoday.com/2013/04/10/google-beyond-the-cia-insurgency...

CIA, In-Q-Tel, and Mark Zuckerberg's Facebook

« ... funding into Facebook ($US12.7 million) came from venture capital firm Accel Partners. Its manager James Breyer ... served on the board ... of In-Q-Tel, a venture capital firm established by the Central Intelligence Agency in 1999. One of the company's key areas of expertise are in "data mining technologies". »
http://adventofdeception.com/facebook-ciacover-nwo-agenda/

The CIA's Wikipedia, ex-porn-meister Jimmy Wales of CIA - Mossad

« Wikipedia ... Israel’s intelligence services. They control Wikipedia and use it to provide cover for war crimes, smear campaigns and as cover for espionage operations ... Many Wikipedia “editors” are, in fact, terrorists, spies or highly disturbed persons »
- Gordon Duff, editor, Veterans Today, a publication which also notes:

« Wikipedia is hailed by Zionist Israel as "…the major source of information in the world." They even advertise ... that Wikipedia is "…under constant, paid review of Zionist assets." » citing:
http://www.ascertainthetruth.com/att/index.php/the-media/who-controls-th...

Jack Dorsey's Twitter, the NSA and CIA, the CIA's venture capital firm In-Q-Tel

'US spies will read your Twitter conversations'

« US spies will read your messages posted on Twitter as well as any blogs you contribute to following the CIA's deal with a software firm that monitors social media.

In-Q-Tel, which invests in technology that could support the work of the CIA, has signed a deal with software supplier Visible Technologies ...

"Visible Technologies' platform is key to understanding the breadth and depth of the online social landscape," said Troy Pearsall, executive vice-president of architecture and engineering at In-Q-Tel. »

http://www.computerweekly.com/news/1280091119/US-spies-will-read-your-Tw...


TAGS:

   ■ CIA
   ■ NSA
   ■ Mossad
■ Wikipedia
■ Facebook
■ Twitter
■ seed money
■ venture capital
■ data mining

NPR published an interesting map of the most visited websites around the world by the Oxford Internet Institute in UK, which compiled the data from Alexa on August 12th, 2013. While it is not surprising that the Institute found "The supremacy of Google and Facebook over any other site on the Web is clearly apparent,' there are some other interesting findings as well.

top site per country 350
          Graphic Source: Oxford Internet Institute

And here are the more country detail:

   ■ Google tops in Europe, North America, and Oceania.
   ■ Facebook rules in most of the Middle East and
      North Africa, as well as much of the
      Spanish-speaking Americas.
   ■ Kenya, Madagascar, Nigeria, and South Africa
      fall within Google’s empire.
   ■ Ghana, Senegal, and Sudan are under
     Facebook’s dominion.

Beyond these two leaders, other home or region-grown sites have carved out its own niche space.

   ■ Baidu dominates in China and South Korea
   ■ Yandex ranks the top in Russia
   ■ Social-networking service VK is the leading site
      in Belarus
   ■ Email service Mail.ru is the leader in Kazakhstan
   ■ Yahoo! also has its own internet empire in Asia:
      Yahoo is the most popular website in Japan with
      Yahoo! Japan (a joint venture between Yahoo! and
      Softbank), and in Taiwan with Yahoo! Taiwan.

On a side note, Softbank now owns about 80% of Sprint Corporation after a $21.6-billion deal approved by FCC in July 2013.:

It is worth noting that although Facebook seems to have gained some real estate on Google, Facebook can't really challenge Google's dominance. As the Institute noted:

“The countries where Google is the most visited website account for half of the entire Internet population, with over one billion people.... Baidu is second in this rank, as [China and South Korea] account for more than half a billion Internet users, whereas the 50 countries where Facebook is the most visited website account for only about 280 million users, placing the social network website in third position.

“...... among the 50 countries that have Facebook listed as the most visited visited website, 36 of them have Google as the second most visited, and the remaining 14 countries list YouTube (currently owned by Google).”

This is likely just a very early schematic of which companies will end up controlling our communication and information access in the future. With this massive global user base, information is power, along with the potential of power abuse.

Google is already facing various privacy cases. Facebook, a social networking site not known for its search capability, apparently is not sitting idly as well. Facebook's new Graph Search where reportedly "most everything shared on Facebook is now easily searchable" even for something deleted or marked as "private" by users. A recent WSJ report also said Facebook would start selling shared user data to TV networks.

The takeaway, in my view, is that while it is exciting to see how technology has evolved enhancing our day-to-day life, work and play, the more important question is data privacy, and what measure and process (on a global basis) should be in place before the world could safely embrace this New World of Big Data.

© EconMatters All Rights Reserved

Steve Cohen Gets Wrists Slapped, And All Is Forgiven
Thu. 10/17/2013 13:44 -0400 |  From: Zero Hedge
By Tyler Durden
picture 16837bank guy in Brussels | Thu, 10/17/2013 - 15:02 | 4066148
US Judges Work for the Oligarch Cabal

As Jim Sinclair has said,

  • “If the fine you paid is less than the money you stole,
      that is good business in America”

Urban Redneck | Thu, 10/17/2013 - 14:35 | 4066001

Mental exercise: imagine you had earned several billion dollars LEGITIMATELY, and some POS (lacking even the capacity of Dr. Evil) threatens to make you preoccupied with a court case for about a year if you don't pay him ONE BILLION DOLLARS (as opposed to paying most of the billion dollars to your lawyers and fighting the damn thing on PRINCIPAL).

If one had the means to fight and win, there is no way in hell an innocent person would hand over ONE BILLION DOLLARS to bunch of criminal thugs.

...and in Cohen's case he did it after spending all that time and money to market the image of himself as some important and powerful sac of Wall Street Shit... forking over ONE BILLION DOLLARS to a lawn jockey masquerading as an AG is not the action of either an innocent man or a BSD on Wall Street.


bank guy in Brussels | Thu, 10/17/2013 - 15:15 | 4066212

That's totally wrong - you are assuming the US courts are legitimate somehow, and they are not

US Federal Courts have a higher conviction rate than Third Reich Nazi Germany

As well-proven, US judges do not care about law, or facts, or the US Constitution ... in trials they make dozens of 'court rulings' to EXCLUDE EVIDENCE that proves you are innocent ... sure you can 'Appeal it to the Supreme Court' ... but higher judges are not interested if the fix is in on you

US judges, like Congress or the President, work for the oligarch cabal ... yet Americans still keep the illusion their courts are like in Hollywood movies

Not that Cohen is innocent ... but paying the extortion fine is no sign he is guilty

Cohen did not pay enough bribes and campaign contributions earlier, so they are 'normalising' the situation with him

They extorted Bill Gates, the richest man in the world, because he wasn't paying enough

They extorted Warren Buffett the other year - the 2nd richest man in America

It has been quickly forgotten, but Buffett himself at one point thought he was rich enough to try and 'fight the system' in America ... and quickly got rapped hard, threatened with legal charges and destruction ... and learned his lesson.

A few years back after being too critical of America and financial shenanigans, 'weapons of financial mass destruction' on Wall Street ... Bloomberg reported possible charges brewing, pending against the famous Warren Buffett ... he might be called to testify ... then one day Bloomberg reported the investigation was totally terminated, Buffett would not be investigated, or even questioned ... the deal was done ...

Shortly afterward Warren Buffett was 'bullish on America' ... Ha! ... even the oligarchs are not allowed to break ranks ... Funny that they too, the richest in America, are prisoners of the 'system' run by the group of wealthy American political families ... No one breaks ranks ... No one

The USA has even begun murdering US federal judges who do not co-operate with the gov't programme. And as NSA whistleblower Russell Tice (more important than Edward Snowden) pointed out, all US judges including the Supreme Court are under continuous NSA surveillance for blackmail.

If a judge does not play along ... the judge faces the fate of US Federal Judge John Roll, shot dead in Tucson, Arizona, 8 January 2011, shortly after ruling against Obama and the US gov't ... drugged up 'lone gunman' promptly supplied, 'confessing' and otherwise barely seen after disappearing into the US gulag ...

Judge John Roll was the actual target that day and not Gabrielle Giffords, the wounded Congresswoman shot next to Judge Roll ... media are hiding the real story because Judge Roll's murder was a message to the other US judges, rather than to the people

It was barely covered by the media, but Judge Roll's murder was the powerful message to all US judges, helping convince Chief Justice Roberts to rule in favour of Obamacare

That's the reality of US judges that Americans face if they are targeted


TAGS:

   ■ Steve Cohen
   ■ Warren Buffett
   ■ Bill Gates
■ oligarch
■ cabal
■ conform
■ whistleblower
■ blackmail
■ the fix is in

Obviously, Stevie Cohen is not a blogger.

wsj breaking news

And now will the administration please grant Jon Corzine much deserved amnesty and release him from prison. Or is it too busy crafting a First Amendment false flag to assist it in its latest witchhunt focusing solely on "bloggers, radio talking heads and professional activists" who as everyone now knows, are the new "Bush" and will be blamed for everything that goes wrong from here on out?

As for Steve Cohen's penalty, just how much is $1 billion in Picasso terms?

The WSJ has more on this latest example of US Justice in action::

“Hedge-fund group SAC Capital Advisors LP and federal prosecutors have agreed in principle on a penalty exceeding $1 billion in a potential criminal settlement that would be the largest ever for an insider-trading case, according to people familiar with the matter.

“The payment by SAC, run by star manager Steven A. Cohen, is expected to be roughly $1.2 billion to $1.4 billion, according to these people.

“The penalty means SAC would pay the U.S. government a total of nearly $2 billion, including a $616 million penalty the firm agreed to in a civil insider-trading settlement with the Securities and Exchange Commission in March.

“The firm didn't admit or deny wrongdoing in the civil settlement, which is awaiting approval by a federal judge. The penalty SAC agreed to pay in the SEC case had been the largest to date in an insider-trading case.

“SAC has denied the criminal charges. The firm says Mr. Cohen, who hasn't been accused of criminal wrongdoing, has done nothing wrong. Any settlement wouldn't affect a continuing criminal investigation into Mr. Cohen's trading activities, the people said.”

To summarize: Make $10Bn using criminal methods and inside information -> pay $1Bn for criminal settlement -> high IRR

European Macro Fundamentals Slump To 3-Month Lows; Stocks At Record Highs
Thu. 10/18/2013 14:35 -0400 |  From: Zero Hedge
By Tyler Durden
picture 16837bank guy in Brussels | Fri, 10/18/2013 - 14:47 | 4069754
Political Revolution

Latest poll from Greece ... the harassed, arrested, attacked Golden Dawn party, with leaders under arrest, holding firm in 2nd place in polls, behind hard left party Syriza

  • Syriza (leftist) 23.5%
  • Golden Dawn (far right) 17.5%
  • New Democracy (Samaras, current gov't, centre-right) 13.5%
  • KKE (Communist) 5.5%
  • and various others

http://hat4uk.wordpress.com/2013/10/17/greece-exclusive-double-shock-for...


bank guy in Brussels | Fri, 10/18/2013 - 14:51 | 4069770

And ... Political revolution in France underway

The so-called 'extreme' National Front party led by Ms Marine Le Pen, is now the leading French political party in some polls, as Ambrose Evans-Pritchard just covered in an excellent article

Seems French workers, women, youth, the middle class, are figuring out the centre-Left Socialists are not their friends, and the centre-Right party is not on their side either ...

The spirit of Charles de Gaulle is back, as when de Gaulle sent a French battleship to New York to collect and demand the promised payment in gold for dollars, eventually leading to Nixon's closing of the US dollar 'gold window'

The National Front platform:
  • Immediately leaving the euro
  • Re-negotatiating the EU and then giving French voters the option to leave the EU altogether
  • Separating France from NATO and the USA war-mongering machine
  • Economic focus on jobs, worker incomes and making it more attractive for business to provide those incomes
  • Kicking out illegal immigrants
  • Holding a line of classic French society against pressures from Islamic or other elements

The Evans-Pritchard article in the UK Telegraph -

http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100025783/ti...


TAGS:

   ■ Syriza
   ■ National Front
   ■ Marine Le Pen
■ Golden Dawn
■ European Union
■ Charles de Gaulle
■ New Democracy
■ political revolution
■ Antonis Samaras

While "hard" data has been scarce in the US thanks to the shutdown, we recently noted that whet little we had recently indicated notable weakness relative to the survey-based "soft" data. Goldman has, in the past, indicated how little forecasting power the soft survey data has in Europe and yet still, day after day we are treated to the herd of mainstream media types proclaiming that Europe is recovering and that their fundamentals have turned a corner.

european macro fundamentals 350

The problem with that "story" is that is that is a lie. In fact, European macro data has been sliding since the start of September and has plunged recently to 3 month lows. Of course, the reality is that a record high for European stocks is all that matters to the fast-money charging momo players and betting against divergences from fundamentals is for dummies...

So please - please - do not try and pretend that the reason to buy European stocks is that fundamentals are improving - they are not! And Greece, well we already showed that they need a 3rd bailout, so don't start!

The Cargo Problem
Mon. 10/21/2013 16:32 -0400 |  From: Zero Hedge
By Econophile
picture 16837bank guy in Brussels | Mon, 10/21/2013 - 18:10 | 4077438
America in a Nutshell

Very funny as Econophile's Jeff Harding describes Kenya, but also describes Obama's other country, the USA:

  • “... The courts are corrupt. The politicians are corrupt. The police are corrupt. The bureaucrats are corrupt. Crony capitalism is rampant. While they espouse the philosophy of “democracy”, that usually means the winners get to distribute political spoils to their cronies and fellow tribesmen.”

Ha ! That really is today's America in a nutshell.

But Africa does have huge cultural problems:

  • The only area of the world which still has population growing exponentially. As the world's current 7 billion people is expected to grow to 10 billion by about 2050, nearly all of that growth will come from Africa. NOTHING stops Africans from having babies, not education, not anything.
  • In Africa, the particular kind of kleptocracy is built around what really is still a master-slave mentality ... meaning that it is total fantasy to hope for an 'honest free market' and the 'rule of law' ... If Americans themselves have now lost these items, and can't manage to get them back, how are desperately poor Africans with little means to fight their overlords, supposed to accomplish such grand fantasies ?

TAGS:

   ■ Kenya
   ■ master-slave
■ Corruption
■ high birth rate
■ kleptocracy
■ urban sprawl

If there was ever a more complicated place in the world it’s Kenya. I just got back from my third trip there. It made me think about why they are so poor and we are so rich.

There are 42+ million people in Kenya and most of them are poor. The government says they are expanding at 4-5% per year. Annual GDP is only $71.4 billion. Apple had $156 billion in revenues in 2012. 40% of the workforce is unemployed. Per capita income is about $900 per year making one of the poorest countries on the planet. Yet the media there are brimming with optimistic reports of economic progress.

nairobi aerial photo 350

The capital, Nairobi, is a growing, sprawling city with an official population of 3,500,000 but it’s really much, much larger. There are large slums on the outskirts. While there is an emerging middle class and a top tier of 5,000 millionaires, most Nairobians are struggling.

It is not as if there has been no progress. There has been a lot of construction in and around Nairobi and real estate is in a boom phase. New shopping strip malls and housing developments serve the growing middle class. And many people (60% of the “poor”) have cell phones. More cars, more jitneys, and more buses clog the roads. And more inflation which robs people of their savings.

There are two foundations of their economy: agriculture and tourism. Tourism by far is the most important since it brings good jobs and foreign exchange. Tourism accounts for more than 50% of the economy. Half of farming is subsistence level only.

It makes you wonder. If things are so good, why are things so bad?

It isn’t the people. Many speak English and are well educated. But their talents are wasted because of a lack of opportunity. I discussed politics with a waiter who had wanted to be a biologist. A safari guide who speaks 3 or 4 languages, who is a trained and certified wildlife expert is paid $30 a month and relies on tips from generous tourists to get by. It is considered a very good job.

There are many explanations for poverty. One popular idea is Jared Diamond’s theory espoused in the book, Guns, Germs and Steel. He takes an historical look at why some parts of the globe thrived and some didn’t. His explanation for success was: the rise of grain agriculture in temperate zones, the decimation of non-temperate zone populations from diseases spread by temperate zone invaders, and the technology of advanced weaponry. Cultures living in temperate zones of the planet thrived and those elsewhere failed to grow beyond subsistence levels.

Diamond’s book was a response to a question from a New Guinean who asked him, “Why do you have so much cargo and we so little?” “Cargo” being pidgin for material goods. I believe that Diamond’s answer only goes so far. Those factors can explain many things in the dim historic past, but it is not as applicable today. It leaves out one really important thing: ideas. Or, to be more accurate, the right ideas.

For example, another question one can ask is: “Why do some societies in the temperate zones thrive and others fail?” Or, “Why do some societies in tropical zones thrive and others fail?” It’s not because technology isn’t known to poor societies. Everybody (almost) everywhere has access to this knowledge. The thing missing in Diamond’s theory are the sociological factors: the methods of human organization. Here I am talking about economic and political systems. These are the ideas the make us or break us.

The formula for success anywhere on the planet isn’t that difficult to discover. You need freedom. That is, solid property rights, a just legal system that protects property rights and the enforcement of contracts, and limited government and low taxation. Add in the personal freedom to do what you damn well please as long as you don’t abridge someone else’s rights. If you do these things, capital (wealth from savings) and an entrepreneurial spirit will rise and drive human progress. These are the ideas that emerged from the Enlightenment and culminated in the founding of the United States of America. It has worked everywhere it has been tried.

These are the things that Kenya and most African countries lack.

Since gaining independence from Britain in 1960, Kenya took the socialist path and the economy stagnated. Bad roads, bad communications, state owned industries, rising poverty, corruption. Basically they just spent the capital that had been accumulated during colonial times. Colonialism was bad but so were and still are the successive socialist-kleptocratic regimes that suck the country dry and keep them poor. They just raised the national sales (VAT) tax to 16% and everyone is complaining because prices have shot up. In 1989 impoverished China took a different road and now they are building roads in Kenya as part of their foreign aid (with a commercial ulterior motive, of course).

Everyone I talked to at “ground level” in Kenya said the number one problem is corruption. When you get down to the detail of what they really mean by that is that they lack the above mentioned freedoms needed for success. The courts are corrupt. The politicians are corrupt. The police are corrupt. The bureaucrats are corrupt. Crony capitalism is rampant. While they espouse the philosophy of “democracy”, that usually means the winners get to distribute political spoils to their cronies and fellow tribesmen.

How do you change that? Can you just change the system and expect human behavior to change overnight? Well, you’ve got to start somewhere. It won’t happen overnight, but if freedom breaks out in these countries, I believe things and people will change for the better. I believe that stripped down to our essentials, human beings behave pretty much the same. It’s all the crap that’s piled on top of us starting at birth that is the problem.

Free market capitalism is what I have been talking about here. It is what is called an emergent system, that is, a spontaneous social organization that emerges when the right conditions (freedom) are present. It is a ground up mostly self-regulating system. It’s not something that government invents (a top down system), but it’s the system that most closely matches human nature and allows individuals to reach their potential. Before you get too excited, recall the conditions of freedom I mentioned above require government to protect and enforce our human rights. It’s not easy; it takes time. And it’s not perfect, but as history has shown, it sure as hell beats anything else.

As NSA Spreads Disinformation Wooing Hoi Polloi To Shun Innovation, Dead Beat Carriers Represent Biggest Security Threat
Thu. 10/24/2013 08:21 -0400 |  From: Zero Hedge
By Reggie Middleton
picture 16837bank guy in Brussels | Thu, 10/24/2013 - 08:50 | 4085693
Google Shill

As befitting someone like Reggie Middleton who shills for the CIA's Google ...

Was proven years ago that thousands of 'edits' in Wikipedia are made from gov intel at known CIA - intel IP addresses (Wired magazine)

Links to Wikipedia, a CIA-Mossad website, support lies and hoaxes that kill innocent people. - Better to take a few seconds to find a more reliable link, than help such criminals.

Even if a Wiki link has some truth at the moment, 5 minutes later it can all be changed to sell CIA, NSA, or Mossad lies.

CIA and Mossad laugh when people link to Wikipedia - loving extra support for their crimes and Wiki-hoaxes.

The 'trick' of the CIA's Wikipedia is to have 90% of info appear 'neutral', content supplied by 'useful idiots' on topics the CIA finds unimportant -

So that giant enormous lies can be inserted on Wikimedia, whenever the CIA or Mossad want to deceive people, on targeted victims and 'special' topics, like US or Israeli dissidents.

The fraud 'founder' of Wikipedia, Israeli-Mossad and CIA asset Jimmy Wales, is so high up in Mossad, he goes to intimate birthday parties of the President of israel (documented by radical Israeli journalist Barry Chamish)

Jimmy Wales was originally a pornography pusher, where Wales' willingness to support any sick crime, to help violate children, to lie or help kill innocent people, led him to be the CIA's choice to run the CIA Wikipedia project, and become the biggest internet fraudster in the world.

Google Inc. - also a CIA contractor company, developed with CIA money - Google artificially pushes and pumps CIA partner Wikipedia, to make Wiki a dominant source of CIA and Mossad false information.

Lies on the CIA's Wikipedia are intentionally multiplied over and over, in search results via the CIA's Google, at the top of search results, to crush and erase the truth.

So with only two CIA websites - Google Inc. and Wikipedia - the USA and Israel have achieved massive internet dominance of false information.

Wales and his staff give Wikipedia support to US and Israeli figures involved in the sickest crimes, violating the bodies of children or spreading lies to smear and murder US or Israeli dissidents.

  • “Wikipedia, a fabrication of Israel’s intelligence services. They control Wikipedia and use it to provide cover for war crimes, smear campaigns and as cover for espionage operations ... Many Wikipedia “editors” are, in fact, terrorists, spies or highly disturbed persons” - Gordon Duff, Editor, Veterans Today

Wikipedia is hailed by Zionist Israel as

  • “…the major source of information in the world.” They even advertise, with standard Zionist chutzpah, that Wikipedia is “…under constant, paid review of Zionist assets.” - Veterans Today, citing the following article

http://www.ascertainthetruth.com/att/index.php/the-media/who-controls-th...

Wikipedia, the key Israel - US gov tool for planting disinfo on the web ... no serious journalist ever quotes that CIA shite-site like Reggie does above


TAGS:

   ■ CIA
   ■ NSA
   ■ Mossad
■ Wikipedia
■ Jimmy Wales
■ Barry Chamish
■ limited hangout
■ disinformation
■ useful idiots

About a month and a half ago, I penned the piece NSA's Greatest Weapon In Surveillance? Outright Ignorance In Tech Consumers. The goal was to attempt to wake up the less than conscious in regards to where and with whom the true threats to privacy and security stem from. Those harping on innovative designs such as Glass as security threats are failing to see the forest due to the massive amount of tree bark in the way. This piece is another attempt at education from my perspective.

carrier iq

I have been hard on the large US carriers, and for good reason. Barring the smallest (and not by coincidence, the most innovative) of the 4, these guys exemplify the monopolistic behavior that has caused America to fall behind the world on many levels. Basically, from an innovation and financial performance perspective, they're basically deadbeats!

One other reason many should be down on the deadbeat carriers is also a very fundamental given, that really shouldn't be given - Privacy! Nearly all of the major carriers use the device that they sold you to snoop on you. US cellular carriers use an app that is basically one of the most widely dispersed spyware apps in this country. It can systematically syphon out location data, keystrokes and other aspects of e-mail and SMS conversations. Don't belive me, this is a quote directly from the vendor of the spyware itself:

“Network Operators and device manufacturers determine whether and how they deploy the iQ Agent and what metrics will be gathered and forwarded to the Network Operators. The iQ Agent receives instructions in the form of a profile, which activates the iQ Agent and defines what available metrics are to be collected and provides instructions on how to pre-process the data prior to uploading. The Embedded iQ Agent is not visible or discoverable by consumers. Since it is deeply embedded inside the device software, it cannot be deleted by consumers.”

In non-nerd, anti-dork English, this says carriers decide what the spyware app and Trojan Horse rips from your device and sends back to the carrier. This spyware/Trojan Horse is purposely hidden and concealed from the owner of the device. As per Wikipedia:

continued at Zero Hedge

The REAL Reason for Saudi Arabia’s Shift Away from U.S.
Thu. 10/24/2013 11:27 -0400 |  From: Zero Hedge
By George Washington
picture 16837bank guy in Brussels | Thu, 10/24/2013 - 12:20 | 4086495
The Walking Dead

It is deeper than that ... the torturing mediaeval Saudi Arabian regime is in mortal fear its days are numbered, and it will soon be overthrown ... hated by many of its own people, by many Muslims around the world tired of Saudi-funded extremism, but above all by its oppressed Saudi Shia minority who predominantly live in the area of the Saudi oilfields

The Saudi fears of demise are above all fuelled, though, by the recent events where China and Russia cornered the USA into abandoning the attacks on Syria and Iran ... which meant the US was being forced to walk away from the petro-dollar, and from support for Saudi regime

Petro-dollar is the whole reason for US-Israeli hostility to Iran - Syria (implicit threat to Saudi & petro-dollar), but Russia & China showed US gov they could not win.

Russia & China cornered the US gov - if attack on Syria, they would blow the Saudi oil fields, collapsing US dollar & US economy, so the war-game to protect the petro-dollar would not work.

Russia & China did offer the US 'breathing space' for a few years to maintain petro-dollar and 'reserve currency' status; this was secret centre of recent deal re Syria & Iran, that Saudis and thus petro-dollar will remain propped up for a while. Tho Saudis are nervous now, they know their days in power are numbered.

So are the Israelis, as their economy collapses without petro-dollar US 'gifting' as well.

Angry Saudi regime is looking for new 'sponsors' but they do not realise they are walking dead ... especially after threatening to sabotage the Russian Olympics ... China will not ride to the rescue when Saudi royal family falls, they will just do a deal with the new gov't in Saudi

---

Any Shia country is an inspiration for revolt against Saudis, so Shia countries or their allies, or nations pricing oil in non-dollars, are intrinsically threat to petro-dollar, thus Iran / Syria / Lebanon are targets, as were Iraq / Libya (both priced oil in non-dollars).

This is the structural reason for the US-Israeli hostility to Iran, the Israeli whopping lies about 'nuclear Iran', the crazy influence of Israeli Zionists over US politicians ... it's all a cover show for the fact that both the US and Israel have their economies dependent on the US 'reserve petro-dollar' ... it is the thing propping up the Bernanke Bux, actually ... the Fed's printed dollars collapse without the petro-dollar basis

---

So, significantly, US oligarchs, in accepting the loss of the petro-dollar, are also accepting the US empire is over, with quick mass impoverishment of the US people, as the US loses its ability to sell worthless dollars & debt to finance its uniquely horrid .5 trillion annual trade deficit (by comparison, the EU has no trade deficit at all!)

The somewhat plan for the USA, already visible in what US leaders say, is a much poorer USA taking over Canada to get its oil (US politicians already talking about this, and Canada's quisling leaders already signed away rights to US troops to enter Canadian soil after a 'terrorism' incident, which criminal US gov will certainly provide under false flag fakery).

---

But the Saudi regime has no future, they are not stable, they have only been propped up by the dirty deal in 1970s, Kissinger and Saudis and Israel, to force all oil pricing in oil, giving USA unique ability to buy imported energy & goods for printed dollars, giving zero in return.

This is why US military was ordered to back Sunni Saudi Arabia, and is also the basis for the traitorous US-Israeli 'alliance' ... Israel is a weapon for regional chaos, for threats to petro-dollar, and for distraction from the ugly truth about what keeps the US economy artificially alive, and Israel's financing as well.

What you see now in US foreign policy - US walking away from Israel and Saudi - is US accepting that Russia and China won the game, the petro-dollar will fall a bit sooner ... tho Russia and China have given the US a couple of years to sort out its future ... US oligarchs getting their assets converted out of USD and so on.

---

China & Russia will not prop up Saudi rulers like the US did ... they just want the oil, and they are fine with the upcoming culmination of the 'Arab Spring' ... the overthrow of the cruel House of Saud. Which also, ends all those Saudi-funded religious schools around the world driving Muslims into extremism ... Tho there will still be decades of blowback from all the Muslim women and children that US - Nato military and drones have murdered''


TAGS:

   ■ Petro-dollars
   ■ Arab Spring
   ■ walk away
■ Oligarchs
■ Sunni/Shia
■ walking dead
■ Israeli Zionist
■ Saudi royal family
■ impoverishment

shift away 351

Saudi Arabia has warned of a shift away from the U.S.

Here’s the real reason: China just dethroned the U.S.
as the world’s largest importer of oil.

As Oil Price notes:

shift away quote

Forget Syria, Iran and Bahrain … the stated reasons for
the Saudi shift.

Those are all real … but the much bigger driver is oil. Indeed, most geopolitical policy is based upon oil and gas.

November 2013

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bank guy in Brussels' last post was in October 2013.

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Contents / Tags

END-Contents / Tags-style-00-08

September 2011

2011-09-30 - We're Getting Closer

October 2011

2011-10-16 - Investor Sentiment: Buy the Dip

2011-10-25 - Dis and Dat

2011-10-29 - Guest Post: Mario Draghi, Hawk For Whom?

August 2012

2012-08-01--* - A Cartel of Big Banks Is Hurting the World Economy By ...

2012-08-01--* - Let's Stop Kidding Ourselves and Look at the REAL Math ...

2012-08-01 - Facebook's ad model a scam?

2012-08-02 - THe EMPeRoR DRaGHi...

2012-08-02 - A Hint From Draghi on the Euro?

2012-08-03 - Doug Kass: Kill the Quants & Their Technology Before They ...

2012-08-03 - For Draghi, a Twinge of Helicopter Envy?

2012-08-04 - In Order To Be Saved, Spain And Italy Must First Be Destroyed

2012-08-05 - Days of Destruction, Days of Revolt

2012-08-05 - As a Reminder: The Private Sector is Doing Fine

2012-08-06 - Why Europe Matters… And How Spain Could Wipe Out ...

2012-08-07 - Guest Post: The Cantillon Effect

2012-08-07 - In The Merry Old Land Of Oz!

2012-08-08 - Europe Back To Abnormal As Spanish Selling Resumes ...

2012-08-14 - Stop Fooling Yourself... NO Entity On Earth Can Stop This ...

2012-08-15 - VP Biden Wins Prestigious “Postpony” Award

2012-08-16--* - "The Disease Is Incurable"

2012-08-16 - Europe's Energy Costs See Biggest Two Month Jump Ever ...

2012-08-20 - Interview: Collapse in Europe is Absolutely Inevitable

2012-08-20 - Investor Sentiment: What Do New Highs Mean To You ...

2012-08-20 - SeCReT ECB SouRCe UNVeiLeD...

2012-08-20 - Is The Post-Crisis Corporate Re-Leveraging Rally Over ...

2012-08-21--* - Here Comes That Contagion... From Greece to Belize to ...

2012-08-21 - Fed Report: No More Monetary Gas Needed

2012-08-21 - The Odds At 90%

2012-08-21 - What Happened After Europe's Last Three Currency "Unions"

2012-08-21 - Why Chinese Inflation Risk Is Over Three Times Greater Than

2012-08-24 - MiTT SWaMi: THe LBO LoVe GuRu...

2012-08-26--* - For Dexia, Third Bailout Will Be The Charm. They Promise ...

2012-08-26 - 9/11: Criminal Incompetence and Ass-Covering by the Bush ...

2012-08-27 - Draghi Needs Greece Out to Succeed

2012-08-27 - GOP TaMPa BaY UPDaTe...

2012-08-27 - History May View ECB's Draghi As "Currency Forger Of ...

2012-08-31 - Can "It" Happen Again... Again?

2012-08-31 - The ECB 'Compromise' Cheat-Sheet

2012-08-31 - Morgan Stanley Prepares To Be Tri-sappointed; Sees No ...

September 2012

2012-09-01 - Hedgies Fade The Rally As 'Flows' Dominate Positioning ...

2012-09-01 - September Arrives, As Does The French "Dexia Moment ...

2012-09-02 - DR KRuGMaN'S WeiRD STiMuLuS...

2012-09-04--* - Did The Great Financial Crisis Start With The End Of The ...

2012-09-04 - Leaked Troika Letter Demands Greek Workweek Be ...

2012-09-05 - German 10 Year Bond Auction Suffers Technical Failure ...

2012-09-05 - Spain's Hell Is A Bankruptcy Lawyer's Heaven

2012-09-06 - CeNTRaL PLaNNiNG MaGaZiNe...

2012-09-07 - On Mario's Shock and Awe

2012-09-09 - WHo KiLLeD THe FaCeBooK IPO?

2012-09-09 - Guest Post: The Japanese Writing On The Walls

2012-09-10 - Guest Post: Hedging Against Capital Controls: Opening An ...

2012-09-10 - Previewing The Dutch Elections

2012-09-11 - No Dead Cat Bounce In Spanish Home Price Which ...

2012-09-12 - The Central Banks Are Fast Running Out of Bullets

2012-09-14 - FirstMerit + Citizens Republic: Call it Zombie Love (or ...

2012-09-14 - Arabian Fall Update: Egypt, Libya, Yemen, Morrocco ...

2012-09-15--* - A French Rebellion Against Unelected Bureaucrats ...

2012-09-15 - Anti-Austerity Protests Return To Spain

2012-09-16--* - The Chart Spain's Mariano Rajoy Wishes Could Be Swept ...

2012-09-16 - On Egypt's Morsi

2012-09-16 - On Covered Bonds, Collateral Crunches, And The Circular ...

2012-09-16 - Richard Koo Explains It's Not The Fed, Stupid; It's The Fiscal ...

2012-09-17 - Where We Are and Where We're Going (Week of September ...

2012-09-18--* - Bank Fraud or Fraudulent Banks? Does It Really Make A ...

2012-09-18 - Chart Of The Day: Monetary Supply - It's Not A Marathon, It's ...

2012-09-20 - Popularity Of Greek Neo-Nazi Party Continues Surging ...

2012-09-20 - Popularity Of Greek Neo-Nazi Party Continues Surging ...

2012-09-21 - The Gaping Maw Of Centrally-Planned Surreality

2012-09-21 - Guest Post: QE3 And Bernanke's Folly - Part II

2012-09-23 - China Officially Warns Japan Not To Infringe Its Territorial ...

2012-09-23 - Weekly Chartopia

2012-09-25 - SNB in a Pickle

2012-09-26 - QE3, SPR Release and Gasoline Prices

2012-09-26 - Next Steps For Spain

2012-09-27 - Will Israel Blow Up Something and Falsely Blame It On Iran ...

2012-09-27 - Will Israel Blow Up Something and Falsely Blame It On Iran ...

2012-09-27 - Ambrose Evans-Pritchard's Contrition

2012-09-27 - Berlusconi's Back With A New Grand Plan?

2012-09-28 - The Pauperization Of Japan

October 2012

2012-10-01 - Presenting Spain's Economic Collapse In Context

2012-10-02 - On Politics, Italian and American Style

2012-10-03--* - Monopoly and Bernanke

2012-10-03 - Fed Confused Reality Doesn't Conform To Its Economic ...

2012-10-04 - Romney and the Markets Turn Up

2012-10-06 - The European Disunion - Zero Hedge

2012-10-07 - Dutch Reject PVV Guilder Study

2012-10-07 - Is VIX suggesting market collapse around the corner?

2012-10-07 - THe WoRLD iS FIAT...

2012-10-08--* - Keep Your Eyes Off The European Cash-Flow Ball

2012-10-08 - Guest Post: The Great Pacification

2012-10-08 - IMF Cuts Global Growth, Warns Central Banks, Whose ...

2012-10-08 - IMF's New Growth Paradigm: Kenya And Tanzania

2012-10-08 - As Online Retailers Launch Vendor Financing, Is Apple ...

2012-10-10--* - Guest Post: The Toothless 'Euro' Tiger And The Issue Of ...

2012-10-10 - Guest Post: The Many Guises Of Financial Repression ...

2012-10-12 - Charts Of The Day: Why America Needs To Embrace The ...

2012-10-12 - Farage Slams Nobel Peace Prize Farce As "Insurgency And ...

2012-10-13 - On China's Transition

2012-10-13 - German Self-Immolates In Front Of Reichstag

2012-10-15 - Guest Post: The Future of America Is Japan: Runaway ...

2012-10-15 - On Nationalism And Extremism In A Nobel-Peace-Prize ...

2012-10-17--* - Eurozone Bank Supervisor Plan Found To be "Illegal"

2012-10-17 - BANZAI7 NEWS: TeRRoRiST UPDaTe

2012-10-18--* - QQQ Implies GOOG At $660 (-12.5%) - So Far

2012-10-18 - THe GooGLe CYCLoNe...

2012-10-18 - The Presidential Debates Are Nothing But Scripted Beauty ...

2012-10-22 - THe GReaT DeBaCLe: RouND 4.0

2012-10-24 - Credit Risk Appetite On Cusp Of 'Euphoria'

2012-10-24 - Post-FOMC Market Update: Gold Up, Stocks Down (Just ...

2012-10-26--* - The Complete 'Advanced' Economy Sovereign Ratings ...

2012-10-26 - Guest Post: A Golden Opportunity

2012-10-26 - Guest Post: Putin Is the New Global Shah of Oil

2012-10-27 - On Europe And The Future Of International Relations

2012-10-28 - Israel Conducts Air Strike On Sudan Missile Base In 'Dry Run'

2012-10-29--* - The Spanish Bad Bank Emerges, Confirms Spanish Real ...

2012-10-29 - THe SuRGe

2012-10-29 - How Central Bank Policy Impacts Asset Prices Part 2: Bonds ...

2012-10-31 - France's Fiasco In One Fine Chart

2012-10-31 - Greece Releases Another Budget, Hilarity Ensues

November 2012

2012-11-01 - This Week In Pictures

2012-11-01 - "The Economist" Endorses Obama For President

2012-11-01 - Getting On The Train - Zero Hedge

2012-11-01 - Stocks Sizzle As Apple Fizzles

2012-11-03 - GoT GaS?

2012-11-04--* - Spanish Banks May Face €17 Billion Margin Call As ECB ...

2012-11-04 - The Bailout Of Russian “Black Money” In Cyprus

2012-11-04 - The Emperor Has No Gold

2012-11-05--* - Trillions of Dollars of Securities May Have Been Destroyed ...

2012-11-05 - The Ugly Prime-Ministerial Unpopularity Contest In Japan ...

2012-11-07 - "The Next Four Years" Bloomberg Cover

2012-11-09 - THe FiSCaL CLiFF...

2012-11-10 - On Germany's Desire To See America "On Its Knees", And ...

2012-11-11 - I'M A DRoNe MaN!

2012-11-13 - Plot Twist In France While Businesses Are Dying

2012-11-15--* - What Really Happened When Lehman Failed... and Why a ...

2012-11-15 - For Greece, it's Deja Vu All Over Again

2012-11-15 - THE IDES OF FARCE (Greater Fool's Version)

2012-11-17 - HaPPY SaiNT PaDDY WaGoN...DaY 2012!

2012-11-17 - Spain Begs Former Colonies For Bailout

2012-11-18 - Bad Calls

2012-11-19 - Buy and Hold Is Dead … Did It EVER Work?

2012-11-20 - FiaT ALCHeMY...

2012-11-21--* - What Happens When The Markets Call The Collective Bluffs ...

2012-11-21 - Wednesday Humor: Future Japanese Rulers Promise 3 ...

2012-11-23 - Is An 18% JPY Devaluation The 'Best-Case' Scenario For ...

2012-11-23 - Black Friday Fails To Bring A Budget Deal For Europe

2012-11-23 - Gun Pulled After Man Jumps Texas Sears Black Friday Line ...

2012-11-25 - Mas Trouble In Little Spain As Country Layers Constitutional ...

January 2013
February 2013
March 2013
April 2013
May 2013
June 2013
July 2013
August 2013
September 2013
October 2013
November 2013
December 2013
2015

TAB-06

END-TAB-06