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Mar 17, 2015

EU BANK RUN: Andorran and Spanish banks go bankrupt, GB banks to be fined by US

European banking collapse is going on. People are going mad getting their deposits frozen. "Cyprus" scheme is in progress again.

Banco de Madrid Files for Bankruptcy After Parent Accused of Money Laundering

Spanish Bank Seeks Creditor Protection After Withdrawals

By the way this shit is initiated and coordinated by The US with the help of FinCEN. They are able to arrest all assets on US intermediary accounts of "suspected" foreign banks and demand billions of fines. This is how US find a way to loot any foreign bank.

Here is original document from FinCEN regarding European bank PBA http://www.fincen.gov/news_room/nr/files/BPA_NOF.pdf

British banks are also affected
US seeking $1bn from RBS and Barclays

Quote
Royal Bank of Scotland and Barclays are facing penalties of about $1bn (£662m)
each from US authorities for their alleged role in the manipulation of currency markets.

Mar 16, 2015

France about to ban "conspiracy theories"

by Thierry MeyssanVoltairenet.com March 13, 2015

At the request of President François Hollande, the French Socialist Party has published a note on the international “conspiracy theorist" movement. His goal: to prepare new legislation prohibiting it to express itself. In the US, the September 11, 2001 coup established a "permanent state of emergency" (Patriot Act), launching a series of imperial wars. Gradually, the European elites have aligned with their counterparts across the Atlantic. Everywhere, people are worried about being abandoned by their States and they question their institutions. Seeking to retain power, the elites are now ready to use force to gag their opposition.
 January 27, 2015, President François Hollande made "conspiracy theorists" responsible for the crimes committed by the Nazis against the Jews of Europe. He called for a ban on their freedom of expression.
The President of the French Republic, François Hollande, has assimilated what he calls "conspiracy theories" to Nazism and called to prevent their dissemination on the Internet and social networks.
Thus he declared, on January 27, 2015 at the Shoah Memorial:
"[Anti-Semitism] maintains conspiracy theories that spread without limits. Conspiracy theories that have, in the past, led to the worst "(...)" [The] answer is to realize that conspiracy theories are disseminated through the Internet and social networks. Moreover, we must remember that it is words that have in the past prepared extermination. We need to act at the European level, and even internationally, so that a legal framework can be defined, and so that Internet platforms that manage social networks are held to account and that sanctions be imposed for failure to enforce" [1].
Several ministers also decried what they called conspiracy theorists as so many "fermenters of hate and disintegrators of society."
Knowing that President Hollande calls "conspiracy theory" the idea that States, whatever their regimes - including democracies - have a spontaneous tendency to act in their own interests and not in that of their constituents, we can conclude that he presented this confused amalgam to justify a possible censure of his opponents.
This interpretation is confirmed by the publication of a note entitled "Conspiracy theories, current status" by the Jean-Jaurès Foundation, a Socialist Party think tank of which Mr. Holland was the first secretary. [2]
Let’s leave aside the political relations of François Hollande, the Socialist Party, the Fondation Jean-Jaurès, its political radicalism Observatory and the author of the note and let’s focus on its message and its ideological content.

Feb 18, 2015

[Bizarro-world] Interest rates at a 5,000 years bottom

From Ed Conway:
In case you doubted interest rates had ever been lower than today, here’s a chart going all the way back to 3000BC

Jan 13, 2015

UK Prime Minister Proposes Encryption Ban: What That Means for Bitcoin

(Inside Bitcoins) -- UK Prime Minister David Cameron has proposed a ban on certain applications that allow users to send end-to-end encrypted messages to each other over the Internet. Certain privacy-conscious mobile apps, such as Telegram, have recently allowed users to encrypt their messages locally, which means there is no one for the UK Government to subpoena when they’re trying to decrypt a target’s online communications. Even closed-source applications, such as iMessage and WhatsApp, could be targeted in a mass shutdown of tools for private online communication in the UK.  (MORE)

Dec 21, 2014

How the CIA Launched the «Financial Pearl Harbor» Attacks on Russia and Venezuela

From StrategicCulture:
By Wayne MADSEN | 20.12.2014 | 00:00

Central Intelligence Agency director John Brennan's long familiarity with Saudi Arabia, owing to the time he spent there as the CIA station chief in Riyadh in the 1990s and his knowledge of Saudi oil operations, has paid off. Petroleum industry insiders claim that Brennan's agents inside Saudi Aramco convinced the firm's management and the Saudi Oil Ministry to begin fracking operations in order to stimulate production in Saudi Arabia's oldest oil fields. The Saudis, who are not known for their hands-on knowledge of their nation’s own oil industry, agreed to what became an oil pricing catastrophe which would not only affect Saudi Arabia but oil producing nations around the world from Russia and Venezuela to Nigeria and Indonesia.

By pumping high-pressure salt water into older wells, some at a depth of three to six thousand feet, an inordinate amount of pressure was built up. The CIA's oil industry implants knew what would occur when the fracking operations began. Due to the dangerously high water pressure, the Saudis were forced continuously pump oil until the pressure became equalized. That process is continuing. If the Saudis ceased pumping oil, they would permanently lose the wells to salt water contamination. In the current "pump it or lose it" situation, the Saudis are forced to pump at a rate that may take up to five years before they can slow down production rates to pre-glut levels.

Dec 14, 2014

Syrian No-Fly-Zone a Bid to Save Al Qaeda

by Tony Cartalucci, Activist Post:
Recent strikes on Syria by Israel have been alleged to be part of a regional plan by the US, Saudi Arabia, Turkey and Israel to establish a no-fly-zone (NFZ) over Syria, just as NATO did in Libya in 2011 effectively handing the entire nation over to Al Qaeda and now “Islamic State” terrorists. DEBKA File has suggested in its article, “Israel air strikes wiped out Russian hardware for thwarting US no-fly zone plan over Syria,” that:

High-ranking American military sources revealed Monday, Dec. 8, that Israel’s air strikes near Damascus the day before wiped out newly-arrived Russian hardware including missiles that were dispatched post haste to help Syria and Hizballah frustrate a US plan for a no-fly zone over northern Syria.
Regardless of the veracity of this report, attempts to justify and impose a NFZ over Syria has been a stated goal of Western policymakers since 2011 when a similar ploy was used under the guise of “humanitarian intervention” in Libya.