Inside Job, Narrated by Matt Damon (Full Length HD)

Inside Job, Narrated by Matt Damon (Full Length HD) from jwrock on Vimeo.




'Inside Job' provides a comprehensive analysis of the global financial crisis of 2008, which at a cost over $20 trillion, caused millions of people to lose their jobs and homes in the worst recession since the Great Depression, and nearly resulted in a global financial collapse. Through exhaustive research and extensive interviews with key financial insiders, politicians, journalists, and academics, the film traces the rise of a rogue industry which has corrupted politics, regulation, and academia. It was made on location in the United States, Iceland, England, France, Singapore, and China.

84 comments:

James Wolfe said...

Should of posted/uploaded this video last year, been meaning to do this a for while now, hope you blokes like the video. Nothing you guys don't already know about. Nevertheless no harm in watching another sanitised video of how the Western world destroyed itself, in that wonderful day in September 2008. Like previous West videos on the financial collapse no mention of the Dollar nuking of May 2006 our resident Sage/Oracle identified, precipitating the event.

Anonymous said...

Hoy, James, delighted, delighted, delighted. More when I've watched the video. As for the nuking of the dollar, known only to those who've followed our Sage/Oracle down the years, truth to tell, no one else has ever mentioned the fact. Which does not mean it did not happen like that. If we take a look at the timeframe, the second phase of the prolapse followed on the heels of the shattered reserve currency status.
Thank you, James. The last thread carried us quite well, but it was turning into a bit of a slog.

James Wolfe said...

[KR245] Keiser Report – The Vaporized and the Deleted

http://maxkeiser.com/2012/02/04/kr245-keiser-report-the-vaporized-and-the-deleted/

Daniel Collins correctly states US GDP statistics are works of fiction. China's economy is far bigger than official West statisticians' acknowledge.

Mirza Ghalib said...

Greece caves to pressure and cuts state jobs
6.2.12

Greece's coalition government has agreed to demands to cut civil service jobs, announcing 15,000 positions would go this year, amid mounting international pressure to agree on austerity measures needed to secure major new debt agreements.

Anonymous said...

The Financial Crisis Of 2008 Was Just A Warm Up Act For The Economic Horror Show That Is Coming
6.2.12

The people out there that believe that the U.S. economy is experiencing a permanent recovery and that very bright days are ahead for us should have their heads examined. Unfortunately, what we are going through right now is simply just a period of "hopetimism" between two financial crashes. Things may seem relatively stable right now, but it won't last long. The truth is that the financial crisis of 2008 was just a warm up act for the economic horror show that is coming. Nothing really got fixed after the crash of 2008. We are living in the biggest debt bubble in the history of the world, and it has gotten even bigger since then.

http://poorrichards-blog.blogspot.com/2012/02/financial-crisis-of-2008-was-just-warm.html

James Wolfe said...

Mirza

The technocratic re financial oligarchical dictatorship regime in Athens pillaging the Greek people at the behest of international fraudulent finance. Same will happen to the Italian people who are also subjected to technocratic dictatorship.

James Wolfe said...

Daytona Beach Iraq war sniper shoots wife, self to death
Uncle: Vet suffered from PTSD
By SKYLER SWISHER, Staff Writer

DAYTONA BEACH -- Investigators are trying to determine why a decorated Iraq War veteran shot his wife and then turned the gun on himself, Daytona Beach Police Chief Mike Chitwood said.

Officers discovered the bodies of Jason Pemberton, 28, and his wife, Tiffany, 25, about 11:20 a.m. Sunday at The Breakers apartment complex at 778 Jimmy Ann Drive off Mason Avenue. They may have been dead since Saturday.

http://www.news-journalonline.com/news/local/east-volusia/2012/02/06/iraqi-war-hero-kills-wife-self.html

Anonymous said...

I see the perspicacious remark of the US blogger who called us "commies" has been removed. I still wish to give him an answer here. At least the commies have a deeply instilled feeling for equality. What the lords and overlords of predatory capitalism have to offer is a an equally profound sense of greed and self-entitlement. The USans have failed to realise something essential. Like some other countries in the world, India and UK among them, they live in a well regulated caste system. Born a serf they will die one as well, preferably on the battlefield against innocent nations, without ever having opened their eyes to the reality prevailing around them.

Anonymous said...

"Sanitised* (James's word) though it is, Inside Job does what it set out to do, exposing the machinations of the big banks, with clarity and courage. It refreshed our memory about many a matter which is no longer in our daily fare, almost as though they had never occurred. I listened to it with growing interest and was well paid for my pains. I'm a sadder, wiser person today. Anyone who might have thought west was an intelligent part of the world must have set aside the notion once and for all by now.

Anonymous said...

First we got the background stuff from the Inside Job and then all the update from Max Keiser's The Vaporised and the Deleted. So stolen money from customers gets "vaporised" and the public's date gets "deleted". And then we talk about China and censureship. Crazy. But what I shall retain most from that Keiser video is something I've suspected all along. US GDP figures like their manufacturing figures allowing them to pose as the world's biggest economy are all fabrications. All the US still has to distinguish it is its military-industrial complex. As Keiser put it: "Shock and awe" was a great GDP booster. But all good things come to an end. Mark my words: the more they'll make war, the poorer they'll get. What brought US to its knees was as much the nuking of the dollar, etc. as the war in Afghanistan.

Anonymous said...

Greece: 'There's no more left to cut'.

That's enough, we can't take it anymore." That was the popular chant coming from protesters in Athens yesterday during the latest 24-hour general strike against the country's austerity measures. Teachers and doctors joined bank employees to demonstrate against a new round of expected cuts as the cash-strapped country continued to negotiate new reductions in spending to help keep the economy afloat.

Several thousand demonstrators from the public and private-sector unions braved the heavy rainfall, gathering outside Parliament to voice their opposition at the latest proposed measures to secure a €130bn (£108bn) bailout package. Minor clashes broke out when protesters tried to remove a cordon near the parliament building. Police sprayed tear gas and at times clashed with strikers, whose anger intensified overnight when a further 15,000 job cuts were announced.

Since the onset of the crisis, the austerity drive has sent unemployment to a record high of 18.2 per cent and the country's finances into a spiral of recession. Despite the deepening pain, crowds at protests have increasingly dwindled.

"People are scared and haven't really realised what's happening yet," George Pantsios, an electrician for the country's public power corporation, said. He has only been receiving half of his €850 monthly wage since August. "But once we all lose our jobs and can't feed our kids, that's when it'll go boom and we'll turn into Tahrir Square."

Anonymous said...

How are the west wars going exactly? To sum up:

US looks as though it were cutting short its stay in its favourite killing fields so far, Afghanistan and Iraq, hinting they are probably leaving the former by next year. Wonderful!

All eyes are now turned towards Syria and Iran. So if Israel, using Saudi air bases, manages a potent nuclear strike against Iran, Syria "would mow the bastards down with missiles from the north", to quote someone who^s given the matter much thought. Hence the destabilisation efforts ongoing in Syria at the moment.

Israel might also decide on a false flag by bombing a US carrier in the Gulf, blaming it on Iran. Some people claim Russia, China, US, UK and France, all veto-endowed nuclear powers, feel like one that Iran is a competitor and must be destroyed. They are all round Syria to see to it that WWIII does not suddenly erupt. Israel might also get its come-uppance in the whole story.

Later, then, with Iran gone, events will move to the Pacific and the grand finale between China and west will take place.

Whatever and however hysterical MSM might sound. Syria seems more or less safe for the moment. Iran ditto.

Anonymous said...

Greeks fail to strike deal to take to Brussels
ATHENS - 9.2.12

Greek leaders failed early on Thursday to agree on reforms and austerity measures, the price of a bailout to avoid a messy default, forcing Finance Minister Evangelos Venizelos to go to the country's financial backers with an incomplete deal. Athens' partners in the European Union and the International Monetary Fund are increasingly exasperated by a lack of agreement on the measures they demand in return for a 130 billion euro ($172 billion) bailout and time is running out for Greece before a major March 20 bond redemption. ...

Anonymous said...

Romanian government collapses amid public outrage over austerity
9-2-12

The Romanian government collapsed Monday after weeks of protests over biting cuts meant to keep outside funding flowing to the troubled nation.

Prime Minister Emil Boc said he and his Cabinet were resigning “to defuse political and social tension,” the Associated Press reported.

(Several East European governments are in a bad way and might fall this year.)

Russian women for marriage said...

The weekday reckons in the creature. Katia at two months escapes her impulse. The observer pinches the parent. Why does a quiz shine with katia at two months ?

Anonymous said...

In the age of the drone attack and the armed insurrection, the General Strike still has a role to play. - 10.2.12

General strike enters second day in Israel: Israel's banks, ports and stock market have remained closed for a second day as half a million workers continued a general strike while the government and the country's main labour union held talks on the status of contract workers.

Greece's unions to hold two-day strike over cuts: The unions, General confederation of Workers of Greece (GSEE) and Civil Servants Supreme Administrative Council (ADEDY), announced on Thursday that their members will go on a two-day strike from Friday in protest at the controversial decision.

Anonymous said...

An interesting development from Greece, largely symbolic in nature for now, but which could become a modus operandi in time to come:

Greek police union wants to arrest EU/IMF officials - 10.2.12

"Since you are continuing this destructive policy, we warn you that you cannot make us fight against our brothers. We refuse to stand against our parents, our brothers, our children or any citizen who protests and demands a change of policy," said the union, which represents more than two-thirds of Greek policemen.

"We warn you that as legal representatives of Greek policemen, we will issue arrest warrants for a series of legal violations ... such as blackmail, covertly abolishing or eroding democracy and national sovereignty.

Nussiminen said...

Bravo -- enfin quelqu'un qui s'est rendu compte parfaitement de la situation et les exigences qui en résultent. Un syndicat de la police grècque vient de proclamer son intention de coffrer les salauds de l'UE et du FMI qui ravagent le pays. Voilà qui est parler! Pourvu que la police tienne à cette belle promesse et de plus qu'elle n'hésite pas d'aller "jusqu'au bout", si vous me comprenez...

Anonymous said...

Bonjour Nussiminen, te volià transformé en francophone. Tant mieux. Comme indiqué ci-dessus, cette trouvaille de la police grecque n'en est qu'au stade symbolique pour l'instant puisqu'un juge ad hoc doit apposer sa signature sur tout mandat d'arrêt policier. Mais l'idée en est géniale, et ce n'est qu'un début. Je n'ai pas le moindre doute qu'on finira par passer véritablement à l'acte dans les jours à venir.

Anonymous said...

Belgium shuts down to protest austerity measures
10.2.12

Belgium has been paralyzed by a general strike as the country’s labor unions protest against government austerity measures, which raise taxes and cut benefits for hundreds of thousands of workers.

The first general strike in almost twenty years has wreaked havoc in transport services, with the entire rail network closed, and buses and trolleybuses not running.

(Yet another general strike. The Occupy movement seems to have stepped back into the shadows and the labour movement seems to have taken over).

Anonymous said...

Here's what people like your hero Max Keiser (who is yet another controlled opposition shill) and Inside Job don't have the cajones to admit: America's rapacious capitalist system is based upon the USA's Dollar Dictatorship.

Because the US Dollar is the world's only reserve currency, America can suck wealth from the rest of the world in the form of "loans" which America will NEVER pay back.

Hell, maintaining this US Dollar Dictatorship (against Europe) is one primary reason why America attacked Iraq, Libya, and is threatening Iran.

The Invasion of Iraq: Dollar vs Euro
Re-denominating Iraqi oil in U. S. dollars, instead of the euro
http://www.thirdworldtraveler.com/Iraq/Iraq_dollar_vs_euro.html

Currency Warfare: What are the Real Targets of the E.U. Oil Embargo against Iran?
http://www.globalresearch.ca/index.php?context=va&aid=28973

Now, as the dirty American Dollar Empire is imploding, all these American vultures (including the Americunt-lovers here) are screeching in fear and hatred.

The American economy is a parasite's economy and deserves to be destroyed.

Putin says U.S. is "parasite" on global economy
http://www.reuters.com/article/2011/08/01/us-russia-putin-usa-idUSTRE77052R20110801

America: Host or Parasite?
http://michael-hudson.com/2007/03/america-host-or-parasite/

Anonymous said...

Thanks 02:16. Hard-hitting words and much of it true you provided there. Two rectifications, though. We like Keiser, sure enough. But we don't take him for some kind of guru, never fear.

As for the reserve currency status of the dollar, our contention here as been all along that it was finally "nuked" in 2006 by Russia when Putin informed the Duma that henceforth Russian oil and gas could be sold in currencies other than the dollar. Everything else followed from that. After all, Russia could not be taken on miliarily as easily as Iraq - and even Iraq proved more of an undertaking than the west could manage.

So yes, the notion of the parasite nation is absolutely spot on. It's decadent Rome all over again. But all good things must come to an end. And dollar dictatorship, however militarily backed up, is also slowly reaching its sell by date.

Anonymous said...

Several days ago, I posted a link to an article in Henry Makow's blog.It claims that the whole Fukushima incident was a just show, the earthquake was man-made, and the explosions were caused by Isreal's mini-nukes.

Soon after that, Jeff Rense stopped linking to Makow's articles and they broke up. Their long relationship seems over now and there will be no article of Makow's on rense.com. Makow's explanation of this incident is as follows;

*****
http://www.henrymakow.com/many_feuds_of_jeff_rense.html

Jeff Rense's Abuse of Power & Trust
February 8, 2012

I was banned by Rense after a 12-year collaboration for posting this synopsis of Jim's Stone's theory about Fukushima on my web site.

******

This "strange" incident alone shows that (1) Rense is fear-mongering about radiation deliberately and (ii) there are some secrets about Fukushima. Somebody in this blog once told "Rense was a Zio setup, too." He was quite right and Makow has reached the same conclusion. (Is he still here?)

Makow's article above gives a list of "banned" dissents, among which are The late Joe Vialls and Ken Adachi (Educate Yourself). It's interesting that both Vialls and Adachi discussed mini-nukes (pure hydrogen bombs) and seismic weapons!

Nussiminen said...

02:16: That's "cojones", dolt. As for "cajón", it translates either into "drawer" (furniture) or "shed" (small edifice).

Claro que Señor Putin entiende MUY bien el mundo contemporáneo, como siempre lo hacía. Sobre todo, Putin partenece al gente que se ha dado cuenta que el mundo occidental está totalmente podrido y descarriado. Y como Rusia tiene fuerza politica y militar, sus lideres están exentos del deber de humillarse por los babuinos. No es de extrañar que estes últimos gritan exactamente como babuinos a la vista de Putin, ¿ verdad ?

Anonymous said...

Hello, 10:25. I for one did go and read your link at the time. And one person even gave you a reply on the former thread. Several of us here have no time for Jeff Rense. So the person you mentioned is probably still on the blog. Now let's see: How Fukushima was done seems to be beyond the shadow of a doubt now. Mini nukes. What is still a problem is the reason behind it. What crime did Japan commit in the eyes of the west to deserve such a punishment. Several suggestions were made: to get their hands on the money in certain Japanese banks, to stop Japan from getting the Nbomb itself, to prevent it from helping Iran to enrich uranium, to carry on maintaining their military presence on Okinawa, as an early warning to stay away from China, etc. None of it really seems to me to fit the case, i.e. the punishment was too horrendous for the crime claimed. So Japan continues to be in my eyes the victim shrouded in mystery.

Your conclusion was most helpful. Indeed, Vialls was banned by Rense as was Adachi. Vialls I knew somewhat, and his death in 2005 has yet to accepted by me wholly. I still keep expecting him to pop out of some corner suddenly and astound the world with the accuracy of his every analysis. He'd have had volumes to say about Fukushima, I don't doubt.

Anonymous said...

>11:09

The aim of the US is probably to prevent world's money from gathering in Tokyo. This is a part of financial warfare. They try to create an impression that Japan's future is doomed and to scare off the weak hands.

When west financial system really go bust,
the only possible shelter for big money is Japan's National Bonds, because gold market etc. is too small.

Even though west financial media make frantic effort to laugh at Japan's miserable financial situation, the interest rate of JGB is much lower than the goverment's bond in west. Doesn't it tell something?

Anonymous said...

13:54, Sounds most plausible what you say above about Japanese bonds being the refuge of last resort for wealth in search of a market. So the nuking was part of the currency wars, was it? And this lot should rule the world! Ugh!

Anonymous said...

Absolutely, Nussiminen, our good old Putin knows his international system inside out. Knows the dilapidated state of west governance and finance. And also how utterly, headlessly dangerous they can be. Sure the baboons squeal at the thought or sight of him. But Russia is about to face the full wrath of the west because it stood shoulder to shoulder with China over the SC veto over Syria. So expect anything to happen next month when the Russian election takes place. All their hundred and one "colour revolution, fake democracy" tricks will be on display then. Putin knows this, has warned them to back off. But they'll do their utmost to derail his victory as they have already tried to derail the victory of his party.

Nussiminen said...

Agreed, 14:41. My take on the subject is that Russia has, ever since its Empire came into existence in the late 15th century, ALWAYS faced the wrath of the West. In reality, this all boils down to a trivial, yet profoundly significant fact about the West's permanent mental disorder: If there's something a Western baboon can't stand, it's being aware of the mere existence of vast riches and swaths of land which the baboon's much revered betters haven't been able to steal and share with its faithful rabble back home.

Ergo: Westerners are militant parasites to boot, and being outsmarted by perceived inferior countries and peoples is asking for violently insane tantrums. Keep up the good work, Putin!

Anonymous said...

@ 11/2/12 10:31

Who the hell are you, the Spelling Police? I know that. It's called a spelling mistake.

The real issue is the substance of my post: AMERICA is a parasitic empire that deserves to be destroyed.

And the so-called "West" is a like the phrases "Coalition of the Willing" or the "International Community."

They are all just cowardly euphemisms that Americunt-lovers use in order to avoid calling out the real power behind the West: AMERICA.

Nussiminen said...

Correct, 19:53: Nussiminen is the Spelling Police around here. And rest assured it's pretty entertaining to people who appreciate refined amusement whenever somebody REALLY takes offense to the latter! As Margaret Thatcher angrily used to say: "A reactionary is ALWAYS right!".

Now, very few people around here, least of all myself, dispute the basic truth whatsoever. The West in general and the US in particular is decadent and parasitic to the core. I've coined a term by which to refer to the baboons living outside the US proper; namely "The united fellow travellers of America". I believe you should rise to the occasion and spare us the embarrassment of unimaginative sexual cursing, be it in Spanish or English.

As far as the film is concerned -- after all, that's supposed to be the subject matter of this thread -- it does offer some useful facts and insights while overlooking other key issues. Most notably -- and this is typical of Western discourse generally, "left" or "right" regardless -- it ignores imperialist coercion altogether. Even from a limited economic point of view this omission is remarkable, since the unending wars the psychotic West keeps waging are the prime cause for its (most welcome) demise.

Anonymous said...

@ Nussiminen

Offense? I take offense to you ignoring substantive issues for trivial ones and providing political cover to the United States of America with weasel words like the so-called West.




Your oh-so refined wit and humor remind me are

Anonymous said...

Good lord, a quarrel going on in this blog, the sense of which escapes me wholly! Reminds me of earlier days when bloggers were always squaring off against one another. Oh, well.

I want to return to Russia here, namely to a message to the west passed by the Russian Duma yesterday:

Russia Says Syrian Opposition Bears 'Responsibility' For Ending Crisis

The Russian Duma on February 10 passed a resolution calling for the UN Security Council not to take sides in Syria and declaring that Russia opposes any military interference in any country without the explicit sanction of the Security Council.

Russia really seems to be taking its international responsibilities seriously all of a sudden. As for China, I have a theory about that. Wise though the Chinese tend to be as a rule, at the moment they strike me as being in a state of panic. The world's most important country and they still seem to be suffering from their older Opium Wars inferiority complex rather than the Mao-instilled sense of Chinese invulnerability! Wake up China, do and live up to the role which has become yours by right.

Anonymous said...

Hundreds of thousands rally in Portugal against austerity
11.2.12

The head of Portugal's largest labour union which organised the rally launched sharp attacks against the bailout conditions, calling them "a programme of aggression against workers and against the national interest."

"Austerity did not create wealth. The country needs the rope around its neck to be removed so that it can breathe, live and work," the unionist said, calling for a revision to the minimum wage of 485 euros gross.

"Net salary is at 432 euros, while the poverty line is at 434 euros, and that concerns currently ... 400,000 workers" in Portugal, he said.

(No antiwar movement far and wide and now labour entering the arena at a time when jobs are at a premium. Too little too late? When there are no workers left, what can the unions achieve?)

Anonymous said...

News from WRH (12,2,12)
GREECE EXPLODES! - Greek Riots

Webmaster Michael Rivero's Commentary:

Looks like that deal the Greek Cabinet made with the EU and IMF may be moot. When the Greek government falls, there is no way to keep those trillions in credit default swaps sold by Wall Street from triggering. That will destroy the US economy and the Federal Government with it. Greece, the birth place of democracy, might just halt the rush into WW3!

The Greeks have balls Americans only dream of! Like Iceland, they are showing the way to the future.

Which may explain why ABCNNBBCBSFOX think the death of yet another drugged-up has-been rock star is more newsworthy!

Anonymous said...

Greek protestors greet bailout vote with fire-bombs

Fire-bombs and tear gas greeted negotiations at Greek Parliament on Sunday over the contraversial loan and austerity package to avoid the country facing financial meltdown and being thrown out of the euro-zone.

Police retaliated with tears gas after some demonstrators threw fire-bombs outside the Parliament in Athens. By Roland Gribben, and Louise Armitstead - 12.2.12

More than 45,000 protestors, many facing steep cuts in pensions, wages and a bigger fall in living standards besieged the building in two demonstrations. A minority were met with tear gas by the 4,000 policemen after throwing fire bombs.

Inside emotions ran high over the price the country was being forced to pay for its second bail out, a EURO130bn (£108bn) loan from the EU and the International Monetary Fund to head off the threat of bankruptcy and withdrawal from the euro.

Finance minister Evangelos Venizelos, in a passionate appeal for support before the midnight vote, said: "We must show that Greeks, when they are called on to choose between the bad and the worst, choose the bad to avoid the worst."

The Greek cabinet unanimously approved the package on Friday after six members resigned. Laos, the small nationalist party headed by Giorgios Karatzaferis withdrew support but with the two main parties continuing to back the draconian measures Prime Minister Lucas Papademos was anticipating winning parliamentary approval.

But the Government still faces a tight timetable to meet terms and conditions tied to the loan and meet a Friday deadline to accommodate a deal with bondholders and repay an outstanding E14.4bn bond by the March 20 cut off date.

Anonymous said...

Minute by minute report from Athens
12.2.12

http://www.athensnews.gr/portal/1/53244

20:22 We've heard that a branch of Starbucks and Eurobank are on fire on Korai Square, off Panepistimiou St.

The most recent updates are at the top. Please remember to hit the refresh button on your browser in order to see updates. Follow us on @athensnewseu for more updates.

Anonymous said...

To bring to a close this chapter of yesterday's events in Greece, that bill in favour of banks got passed in Parliament with 199 in favour and 74 against it.

Over 40 buildings were set alight in Athens where some claimed upto 500.000 had taken to the streets. Other Greek cities also demonstrated against the bill for the good it did.

The Greek public is surprisingly lucid about the whole thing: "avert economic collapse?" they ask. "Can't be done," they reply. "Economic collapse took place somtime ago already. Now all we can do is leave EU and start all over again". Eventually the politico mafia will have to listen to the voice of the nation.

Anonymous said...

Lots and lots in the news today about the explosion of popular anger in the streets of Greece. Portugal which also had a huge demo yesterday was barely mentioned by most people, no doubt because there was less at stake there for the time being. There were also demos in various countries including Germany protesting against the ACTA agreement which would put an end to free Internet.

As for the wars, the rhetoric against Iran and Syria is as fiery as ever. Apparently, US is now trying to persuade Georgia (!) to attack Iran promising in return a new electoral win the next time. Which reminds me, we forget to mention earlier on that in Nicaragua Daniel Ortega managed a landslide victory. And this time, without any outside interference.

Anonymous said...

European exchanges open negative following Moody's rating

14 FEB 2012

(AGI) Rome - European exchanges open with a downturn,following Moody's downgrading of 6 Eurozone countries. Moody's threatened to take away the "Triple A" from France, Austria and United Kingdom. Dax in Frankfurt -0.41% slips down to 6,710.55 points, Ftse100 in London -0.38% now at 5,883.27 points, Cac40 in Paris -0.59% now at 3,364.55 points, Ftse MIb in Milan's Piazza affari slips down by 0.22% to 16,337.02 and Ibex in Madrid reports -0.7% and is now at 8,726.6 points.

Moody's assessment comes a few months after a similar S & P downgrade. The one Euro country that, rightly or wrongly, no one seems to feel inclined to touch in this way is Germany which retains its pristine AAA status.

Anonymous said...

Stats can be made to say whatever the Government likes

6.3 million, UK’s real jobless rate - 14.2.12

The TUC has warned that the true scale of British unemployment is more than double its current level at 6.3m.

TUC = Trade Unions Congress

Anonymous said...

Here we have Nigel Farrage at his livid best on Greece and its woes:

http://www.youtube.com/watch?feature=player_embedded&v=W8Ayb8P1LbU

Anonymous said...

Italy and Netherlands slide into recession
15.2.12

Holland and Italy, two of the Eurozone’s largest economies, have gone into recession, new figures show.

The economies of both countries suffered a second successive quarter of shrinkage, each contracting by 0.7 per cent during the last three months of 2011.

Germany’s economy also contracted in the fourth quarter, down 0.2 per cent from the previous quarter. This was the country’s first shrinkage since 2009.

Together, all 17 nations making up the Eurozone witnessed a 0.3 per cent contraction in the fourth quarter, but have managed to avoid a collective recession with growth of 0.1 per cent in the third quarter.

Anonymous said...

Washington's Insouciance Has No Rival
Paul Craig Roberts - 15.2.12

Activist Post

Is Obama a hypocrite or merely insouciant? Or is he an idiot?

According to news reports Obama’s White House meeting on Valentine’s day with China’s Vice President, Xi Jinping, provided an opportunity for Obama to raise “a sensitive human rights issue with the Chinese leader-in-waiting.” The brave and forthright Obama didn’t let etiquette or decorum get in his way. Afterwards, Obama declared that Washington would “continue to emphasize what we believe is the importance of realizing the aspirations and rights of all people.”

Think about that for a minute. Washington is now in the second decade of murdering Muslim men, women, and children in six countries. Washington is so concerned with human rights that it drops bombs on schools, hospitals, weddings and funerals, all in order to uphold the human rights of Muslim people. You see, bombing liberates Muslim women from having to wear the burka and from male domination.

One hundred thousand, or one million, dead Iraqis, four million displaced Iraqis, a country with destroyed infrastructure, and entire cities, such as Fallujah, bombed and burnt with white phosphorus into cinders is the proper way to show concern for human rights. Ditto for Afghanistan. And Libya. In Pakistan, Yemen, and Somalia Washington’s drones bring human rights to the people.

Abu Ghraib, Guantanamo, and secret CIA prison sites are other places to which Washington brings human rights. Obama, who has the power to murder American citizens without due process of law, is too powerless to close Guantanamo Prison.

He is powerless to prevent himself from supplying Israel with weapons with which to murder Palestinians and Lebanese citizens to whom Obama brings human rights by vetoing every UN resolution passed against Israel for its crimes against humanity.

Instead of following Washington’s human rights lead, the evil Chinese invest in other countries, buy things from them, and sell them goods.

Has any foreign dignitary ever raised “a sensitive human rights issue” with Obama or his predecessor? How is the world so deranged that Washington can murder innocents for years on end and still profess to be the world’s defender of human rights?

How many people has China bombed, droned, and sanctioned into non-existence in the 21st century?

Will Syria and Iran be the next victims of Washington’s concern for human rights?

Nothing better illustrates the total unreality of life in the West than the fact that the entire Western world did not break out in riotous laughter over Obama’s expression of his human rights concern over China’s behavior.

Washington’s concern with human rights does not extend as far as airport security where little girls and grandmothers are sexually groped. Antiwar activists have their homes invaded, their personal possessions carried off, and a grand jury is summoned to frame them up on some terrorist charge. US soldier Bradley Manning is held for two years in violation of the US Constitution while the human rights government concocts fabricated charges to punish him for revealing a US war crime. WikiLeaks’ Julian Assange is harassed endlessly with the goal of bringing him into the human rights clutches of Washington. Critics of Washington’s inhumane policies are monitored and spied upon.

Washington is the worst violator of human rights in our era, and Washington has only begun.

Who will liberate Americans from Washington’s clutches?

Anonymous said...

China Reduces Holdings of U.S. Treasuries to Lowest Level Since June 2010
15.2.12

China, the largest foreign lender to the U.S., reduced its holdings of Treasuries in December to the least since June 2010 amid efforts to assist Europe in addressing its debt crisis.

The world’s second-largest economy decreased its U.S. debt securities by $31.9 billion from November, or 2.8 percent, to $1.11 trillion, according to Treasury Department data released yesterday. Its position in longer-term notes and bonds also fell $32.5 billion, or 2.8 percent, to $1.1 trillion, the least since June 2010. Japan, the second biggest buyer, increased its holding by $3.5 billion to $1.04 trillion.

(China, I can understand. Japan, with its Fukushima news, etc., is beyond comprehension. When will payback time ever come?)

Anonymous said...

The latest false flag: In India, Georgia,Thailand, Israelis being tagetted by Iranian operatives!


Iranian Government Behind Recent String Of Bombings? Not Bloody Likely!

What would be the motive? The argument that Iran is retaliating for the murder of five civilian nuclear scientists in Iran is not plausible. If Iran wanted to target Israeli interests, it has other means at its disposal. It is hard to imagine that the Iranian government would send Iranian operatives to friendly countries, completely equipped with Iranian money and passports – making the case against them as obvious as possible.

Give the public shit, they'll smack their lips, swallow it up and rush back for seconds. Mark my words. If Iran wished to attack Israel, they'd do so fairly and squarely. And Israel wouldn't know what had hit them. No more of this false flag nonsense, please.

Anonymous said...

Spain as Western China (I)
China’s Marshall Plan Reshapes Europe

15.2.12

Following the ongoing European monetary crisis, European Union leaders visited Beijing this week seeking Chinese money to help bolster a planned fund of about 500bn euros ($665bn). The new fund would provide bailout financial guarantees to loans given by European national banks in the hope of kick-starting European economy. Yesterday, February 14, 2012, Premier Wen Jiabao offered co-operation to help stabilize debt-ridden EU nations, but made no specific promise to invest in the proposed European bailout fund.

The visit was urgent, since credit-rating agency Moody’s again downgraded Spain, Italy and Portugal. It also downgraded the credit outlook for France, the UK and Austria. Greece passed a new package of severe cuts late on Sunday, and that resulted in ongoing riots in Athens. The USA is in deep financial problems itself, and thus in no position to help the EU. Last year, the European Union was the largest trading partner of China, with a trade worth 560bn euros. Hence, China became the best chance for the EU to get financial help; especially since China enjoys a surplus economy as the map below shows. Without the new fund, the weakest European economies would fail to inspire enough credibility to be able to sell their bonds. That means, some of them could collapse.

The EU delegation failed to get the solid commitment they wanted from China. Probably the European leaders were the only ones surprised by that. After all, in the last 500 years Europe has behaved like an elephant in a china store. Spain is one of the dark stars in the ongoing crisis; thus, it is enlightening to remember key statements and events related to this economy. Choosing them carefully allows elucidating the current Chinese position, and offers a look into what we should expect in the near future.

During the first week of 2011, Li Keqiang, China’s Vice Premier visited Spain and was welcomed by then Spanish Prime Minister Jose Luis Rodriguez Zapatero. The visitor announced that his country would buy $7.9 billion in Spanish bonds, when China already owned 10% of Spain’s foreign debt. China bought debt also from other troubled countries of the EU. Chinese attention to these quasi-junk bonds is beyond the premium interest paid by them. El País newspaper dubbed Li Keqiang the new "Mr. Marshall," in a reference to America's post-World War II Marshall Plan.

My choosing a second-line European country may be misleading. Spain is important in the current crisis because it is not like Greece, Portugal, Ireland or Italy. Spain played by the EU rules, and yet it is collapsing. When it joined the euro in 1999, Spain broke the EU debt rule, with a debt/GDP ratio of 62.3%. However, the Spanish government run a balanced budget on average—that means its borrowing was zero—every year until the 2008 financial crisis. Yet, it is failing. If Spain fails, it may mean the euro is not viable, and that Germany and France may also collapse.

Anonymous said...

Spain as Western China (II)

Telefónica

China buys not only national debt in Europe and the Americas (it practically owns Venezuela); China buys also commercial companies. Sometimes this is done through cross-holding deals, as it happens with the Spanish Telefónica.

The strength of monopolies is often ignored, mainly because they are strong enough to suppress criticism. Created in 1924, as Compañía Telefónica Nacional de España (CTNE), Telefónica was the monopolist telephone operator in Spain until 1997. After its privatization, it still holds around three quarters of the market. In the past, the company used its monopoly strength to penetrate the markets of Spain’s former colonies. Eventually, it also entered the US market, through Telefónica USA, which provides services to US based multinational companies that have operations in Latin America and Europe. Surprisingly, this is the third largest phone provider in the world.

In 2009, China Unicom signed a $1Bn cross-holding with Telefonica. In January 2011, the two partners agreed to a further $500M tie-up in each other, which following completion in late 2011, Telefonica will hold a 9.7% stake in China Unicom, while China Unicom will own 1.4% of the Spanish firm. In such a way, China is getting access—slowly but surely—to the international communications system. A new version of CAZAB is being created, this time in the open, and trading in international stock exchanges. Overall, China owns a significant part of the Spanish foreign debt and has at least a significant position in one major Spanish corporation. In shape, this resembles very much the actions of colonial companies set up by the Brits and Dutch, namely The English East India Company and The Dutch East India Company, which were described in Western Blueprint.

Are we witnessing an economic colonization of Europe by China? If so, why did China refuse by ignoring—helping the new bailout fund? After all it would have substantially strengthened its hold in its would-be-colonies.

West’s End

Certain issues are so indefensible, that elected governments prefer to delegate them to unelected institutions rather than confront voters in a fair process. Before leaving office—he decided not to run again for office—Spanish Prime Minister Zapatero took advantage of his position to sign a deal with the USA; I described it in detail in NATO’s Missile Defense Backfires. On October 5, 2011, Zapatero and US Defense Secretary Leon Panetta announced at Brussels’ NATO headquarters that Spain will provide a base for US ships in support of NATO’s missile defense system. Prime Minister Zapatero cheated the Spanish people by deciding to allow four additional American ships and another 1200 American soldiers to be stationed at Naval Station Rota, a naval base located halfway between Gibraltar and Portugal. Just imagine President Obama allowing Bolivian troops to be stationed in California on his own, without consulting the Congress or the Senate! That’s what Zapatero did.

He also overlooked another key player. He forgot to ask China—the owner of much of his country—if it agrees to the reinforced American presence in Europe, China’s largest trade partner. One year later, the Chinese quite ignored Europe’s plea for financial help. “Sign another deal with the USA Navy,” was China silent message. However, there are not enough American ships to help Europe out of the actual disaster.

China is not the West; it won’t engage in savage worldwide attacks in order to impose its position in world politics and economy. Instead, it is doing so by slow and legal actions. One day in the not so far future, Spain—and its colonialist neighbors—would be nothing more than Western China; small vassal nations returning to their innate place in history. Just look at the map.

Anonymous said...

I found the above article by a certain Roy Tov extremely interesting because of its clarity and some of the details it provides. Its overall conclusion was, of course, tripe for obvious reasons. Shall cite only one here. It's all right to be the "vassal" nation of the US, itself a "vassal" nation of the powers that be. But of China, Oh, God, perish the thought. Also, it is to misunderstand China totally to think it's in search of vassals. It looks for many things, including broad-based peace. Colonies are what interests it the least. Long live the Freeworld coming, coming and almost there.

Anonymous said...

The currency wars go on. Yet another Moody's downgrade in sight:

Moody's said among 17 banks and securities firms with global capital markets operations, it might cut the long-term credit rating of UBS, Credit Suisse and Morgan Stanley by as much as three notches following their review. It said the guidance was indicative.

Among the banks that might be downgraded by two notches are Barclays, BNP Paribas, Credit Agricole, Deutsche Bank, HSBC Holdings, and Goldman Sachs.

Bank of America and Nomura were included in those that might be downgraded by one notch.

The U.S. rating agency said in a separate statement its action on 114 financial institutions from 16 European nations reflected the impact of the debt crisis and deteriorating creditworthiness of its governments.

(We talk of the US baboon. Is the European "baboon" any better?)

Nussiminen said...

Paul Craig Roberts -- questions and answers.

Q: Is Obama a hypocrite or merely insouciant? Or is he an idiot?

A: The immediate answer here obviously amounts to the trivial fact that he possesses all these characteristic traits, as do the overwhelming majority of his compatriots. But there is more to it than this. The West is made up of parasitic nations, and suchlike nations inevitably breed militant parasites, usually referred to as "right-wing extremists". Nazi Germany and the US are but two very strong cases in point since militant parasitism curried favour strongly with the vast majority of the citizenry (of course, the present tense "curries favour" is tacitly assumed here with regard to the Yank baboons).

Q: How is the world so deranged that Washington can murder innocents for years on end and still profess to be the world’s defender of human rights?

A: It's the West, pure and simple. Its mindless, clueless, worthless tripe only makes sense to its grovelling baboons; not to anyone else. Paul Craig Roberts, as one would expect, means "The West" when he says "The World" -- the usual muddleheadedness à la Western baboon.

Q: Who will liberate Americans from Washington’s clutches?

A: Makes no sense whatsoever. The Yank baboons yearn very dearly indeed for all the repression, chauvinism, and war they vote for and more. They are THE problem right in accordance with Poiuytr's credo 'West is THE disease'; not the solution. I'd rather put the question this way:

Who will liberate Humankind from the Yank baboons?

The answer, of course, is spelled "The Freeworld".

Anonymous said...

Nussimen, bravo! All your answers were a model of lucidity. You are indeed a fitting disciple of our Poiuytr. Still, PC Roberts does try and formulate some kind of oppositional thought. That already is a great achievement from one of the USans.

Anonymous said...

German president resigns in blow to Merkel
17.2.12

BERLIN (Reuters) - Angela Merkel's hand-picked choice for the ceremonial post of president resigned on Friday in a scandal over political favors, dealing a blow to the German chancellor in the midst of the euro zone crisis.

In a curt five-minute statement at the Bellevue presidential palace, Christian Wulff said he had lost the trust of the German people, making it impossible to continue in a role that is meant to serve as a moral compass for the nation.

"For this reason it is no longer possible for me to exercise the office of president at home and abroad as required," Wulff said, standing next to his wife Bettina.

Merkel postponed a trip to Rome where she was to hold talks with Italian Prime Minister Mario Monti and made a brief statement after Wulff spoke, saying she regretted his departure.

The situation changed dramatically for Wulff on Thursday evening when state prosecutors in Hannover asked parliament to end his legal immunity over accusations he accepted favors in a prelude to opening an investigation into him.

Anonymous said...

Greek rhetoric turns into battle of wills
16.2.12

The battle of wills between Athens and its eurozone lenders has intensified, with Greece’s finance minister accusing “forces in Europe” of pushing his country out of the euro while his German counterpart suggested postponing Greek elections and installing a new government without political parties.

Greece took a step closer to meeting those demands when Antonis Samaras, head of the centre-right New Democracy party and the presumptive next prime minister, sent a two-page letter to European Union leaders on Wednesday vowing to implement the austerity measures included in the €130bn bail-out programme.

Anonymous said...

Anyone with a minute might profit by listening to Michael Rivero on the video below:

http://www.youtube.com/watch?v=JorF8R1oH90&feature=player_embedded

Anonymous said...

GREEK DEFAULT EXCLUSIVE: SENIOR US BANKERS GIVEN EXPLICIT TIMETABLE FOR ATHENS DEFAULT
17.2.12 - WRH

A written document giving firm dates and detailed actions for a planned Greek default has been in the possession of two top Wall Street bank currency trading bosses since the second week in January. The Slog has separate but corroborative sources affirming the existence of the document, and a conviction among senior bank staff that – at least at the time – the plan represented “a timetable, not a contingency”. The plan gives a firm date of March 23rd for default to be announced after the close of business.

Anonymous said...

$6 trillion in fake US T-bonds seized in Switzerland
Sat Feb 18, 2012

Italy’s anti-mafia prosecutors, in a joint operation with Swiss and US agents, have seized $6 trillion in fake US Treasury bonds stored in safe deposit boxes in Switzerland.

The action was carried out on Friday.

On the same day, eight people were arrested in Italy and accused of counterfeiting bonds, loan-sharking, and credit card forgery.

According to prosecutors, the eight people are suspected of attempting to sell the fake bonds to a developing country through an intermediary bank.

The investigation, named Operation Vulcanico, began last year during an investigation of mafia loan-sharking by the Italian police. The investigation grew as tapped telephone conservations pointed to evidence of an international network of T-bond forgeries.

US experts in Italy helped the local police identify the bonds, which carried issue dates of 1934, and determine that they were counterfeit.

The sum value of the T-bonds is more than a third of the US national debt, which currently stands at over $15.3 trillion.

http://www.presstv.ir/detail/227260.html

(Some claim the figure is wrong and for trillion "billion" should be read, while others insist the bonds were certainly not "fake". Go figure.)

Anonymous said...

NATO to stay out of Syria even if U.N. mandate emerges
17.2.12

NATO Secretary-General Anders Fogh Rasmussen said the Western alliance had no intention of intervening in Syria even in the event of a U.N. mandate to protect civilians, and urged Middle East countries to find a way to end the spiraling violence.

Rasmussen told Reuters Friday he also rejected the possibility of providing logistical support for proposed "humanitarian corridors" to ferry relief to towns and cities bearing the brunt of President Bashar al-Assad's crackdown on pro-democracy protesters.

"We have no intention whatsoever to intervene in Syria," Rasmussen said in an interview, during a visit to mark the 60th anniversary of Turkey joining the alliance.

One has to wonder if there have been some back-channel discussions between Anders Fogh Rasmussen and his Russian and Chinese counterparts, and if this is the reason NATO appears to be "blinking" about any potential NATO intervention in Syria! Or perhaps they've simply run out of money.

But however this decision has come to pass, it is positive news.

Anonymous said...

Two flagrant examples of unbelievable corruption:

GREEDY EURO MPS DEMAND PAY RISE AS THE EU FALLS APART - 18.2.12

As the eurozone teeters on the brink of catastrophe and Britain is forced to tighten its belt, the shameless demand added to the growing clamour for us to pull out of the EU. The basic salary of an MEP is already £82,915 a year, compared with £64,766 for an MP at Westminster. Euro MPs can also rake in £360,000 in expenses.

If the three per cent budget increase is ratified in Brussels next month, MEPs would receive an extra £2,500 in pay and more lucrative expenses and pension entitlements. It would also add the equivalent of an extra £45million a year to the hugely inflated parliamentary budget, just as debt-ravaged Greece faces financial ruin.

The increase would bring the total cost of the army of MEPs and their hangers-on to a staggering £1.55billion next year

And then Greece:

As austerity measures drive the Greek deeper and deeper into poverty, the Greek government continues to buy weapons of every description from France and Germany to prop up the economies of those two countries. If they refused to do so, the threat is clear: no more bailout money forthcoming. Can anyone make sense of this. I just can't.

Nussiminen said...

19.26 is spot-on. With regard to insanity and depravity, Western imperialism surpasses anything History has ever seen. However, as far as Greece and (for now, mind you!) the rest of Southern Europe are concerned, the ruling classes in these countries -- along with their foreign creditors -- are in a state of open panic. The middle class baboons are fast becoming an intolerable burden on the economy since the ruling class and its despotic banks and corporations are hell-bent on tax evasion and outsourcing. This renders their complacent, docile, and über-delusional mass base 100% superfluous, useless, unsustainable, and absolutely powerless as the crisis spirals out of control. Consequently, the very legitimacy of Big Business' rule over society is increasingly at stake.

Sadly, a touching little "sacrifice" on behalf of the wealthy in order to rescue the EU and its neoliberal Baboonarium is not an option. This is so because unbridled greed and fraud are indispensable to what's euphemistically being called "Market Competitiveness", at least in the minds of Western Barbarians. But dispensing with aforesaid Baboonarium is hardly a viable option either. If Greece and an ever larger assemblage of bankrupt EU countries are let off the hook, then Russia and China will rapidly fill the void as US imperialism is going down the drain too.

Donc, la judicieuse question qu'il faut se poser, c'est si la classe dominante imposera le fascisme ouvert même sur les Occidentaux. Comme nul ne l'ignore, ces derniers sont ravis de sa culture moderne complètement anti-humaine est dégénérée.

Anonymous said...

Iran stops oil exports to British companies as Hague warns Israel an attack 'would not be wise'
19.2.12

Iran has stopped selling crude oil to British and French companies as William Hague warned Israel today that military action against the country would not be 'a wise thing'.

Anonymous said...

Nussiminen, you don't mince your words. But then why should you when all you are doing is speaking the plain truth? Actually, everything is now out of control in Baboonarium. As we write, Greece is again in a state of uproar. Solidarity demos with Greece are also taking place in various European cities, while in far away Brussels, Big Business and their puppet politicians are getting ready to sign Greece into slavery.

Le fascisme, dis-tu? Eh bien, oui, alors que l'ombre de la 3e guerre mondiale plane sur nous tous. Le fascisme a toujours fait bon ménage avec la guerre et c'est de cette manière-là qu'il faudrait envisager notre avenir, à moins que, à moins que le monde libre ne mette en déroute les viles prétentions de l'occident en lui infligeant cette cuisante défaite qu'il mérite depuis belle lurette.

Anonymous said...

Spanish protest against spending cuts and changes to labour rights
19,2,12

Hundreds of thousands take to the streets in Madrid, Barcelona and Valencia to demonstrate against Mariano Rajoy's reforms

Spain's conservative government faced its first mass protests on Sunday as hundreds of thousands took to the streets to demonstrate against austerity, spending cuts and radical changes to labour rights.

Rajoy's reforms are part of a programme designed to create jobs. Spain has the developed world's highest unemployment rate. But with the economy set to shrink this year by 1.7%, even the government admits the shocking 23% unemployment rate will rise in the short term.

Anonymous said...

ECB too clever by half

The ECB, on its own and without judicial or parliamentary review, has swapped their Greek debt for new Greek debt that is not subject to any “collective action clause.” They did this unilaterally and without the consent of any other sovereign debt bond owners of Greek debt. They did this without objection of any nation in Europe. They have retroactively changed the indenture, the contract made by Greece with all of the buyers of their bonds, when the debt was issued. There is no speculation involved in these statements, there is no longer any guesswork on what might be; the ECB swapped their bonds for new Greek bonds with the assent of the Greek government and it is now a done deal.

Having then done this; the implications must now be considered utilizing the clear light of unadulterated reason. The issue now is no longer a one-off Greek issue but a full on ECB issue. We know now that the ECB can retroactively change the rules, change an indenture, so that if the ECB can do this with Greece then it can certainly do it with any sovereign debt in Europe. If they can exempt themselves from a “collective action clause” then they can exempt themselves from any clause, in any sovereign indenture, for any European country. The fact that they are now clearly senior to any other bond holder, or more aptly put, that any private bond owner is now subordinated to the ECB is one consideration but hardly the most important one. The incredibly grim reality now is that any European and all European sovereign debt can have their indentures changed by the ECB when it is to their advantage. It is the “collective action clause” today but tomorrow it could be the maturity or the coupon or any other terms and conditions in an indenture. It is Greece today but tomorrow it could be France or Portugal or Italy. The “Rule of Law” has been abrogated and tossed aside in the name of political contrivance.

The ECB, on its own and without judicial or parliamentary review, has swapped their Greek debt for new Greek debt that is not subject to any “collective action clause.” They did this unilaterally and without the consent of any other sovereign debt bond owners of Greek debt. They did this without objection of any nation in Europe. They have retroactively changed the indenture, the contract made by Greece with all of the buyers of their bonds, when the debt was issued. There is no speculation involved in these statements, there is no longer any guesswork on what might be; the ECB swapped their bonds for new Greek bonds with the assent of the Greek government and it is now a done deal.

Having then done this; the implications must now be considered utilizing the clear light of unadulterated reason. The issue now is no longer a one-off Greek issue but a full on ECB issue. We know now that the ECB can retroactively change the rules, change an indenture, so that if the ECB can do this with Greece then it can certainly do it with any sovereign debt in Europe. If they can exempt themselves from a “collective action clause” then they can exempt themselves from any clause, in any sovereign indenture, for any European country. The fact that they are now clearly senior to any other bond holder, or more aptly put, that any private bond owner is now subordinated to the ECB is one consideration but hardly the most important one. The incredibly grim reality now is that any European and all European sovereign debt can have their indentures changed by the ECB when it is to their advantage. It is the “collective action clause” today but tomorrow it could be the maturity or the coupon or any other terms and conditions in an indenture. It is Greece today but tomorrow it could be France or Portugal or Italy. The “Rule of Law” has been abrogated and tossed aside in the name of political contrivance.

(Now who henceforth will be willing to buy European debt? Can't see it myself.)

Anonymous said...

Spaniards hold mass protests against labor reforms
February 19, 2012

Hundreds of thousands of protesters were marching throughout Spain on Sunday in the first large-scale show of anger over new labor reforms that make it easier for companies to fire workers and pull out of collective bargaining agreements.

Spain’s main trade unions organized marches in 57 cities, beginning midmorning in southern Cordoba. Some events that had been planned for later in the day, such as in eastern Valencia, had to be brought forward because of the early buildup of large crowds.

Union organizers said around 1 million people had marched by mid-afternoon, but official figures were not released.

Prime Minister Mariano Rajoy’s government passed the package of reforms nine days ago in an effort to shake up a labor market seen as one of Europe’s most rigid and to encourage hiring in a country battling the highest unemployment rate in the eurozone, at nearly 23 perc

http://articles.boston.com/2012-02-19/business/31077559_1_collectiv...

Keep a special eye on Valencia where riot police have behaved with particular brutality against the young demonstrators out in force to protest against budget cuts in education.

Anonymous said...

Russia not to take part in "Friends of Syria" meeting: FM

English.news.cn 2012-02-21

MOSCOW, Feb. 21 (Xinhua) — Russia has declined an invitation to take part in a meeting of the "Friends of Syria" group scheduled for Friday, the Foreign Ministry said Tuesday.

"The invitation to the meeting of the "Friends of Syria" group in Tunisia has been received. However, there are more questions than articulate answers," Foreign Ministry spokesman Alexandr Lukashevich said.

He stressed Russia saw no possibility of participating in the gathering, because Moscow has not been informed about the meeting's agenda and its participants.

"Most importantly, the real aim of the meeting is not clear. According to reports, the separate opposition groups have been invited to Tunisia but no representatives of the Syrian government. That means, the interests of the majority of the Syrian population which supports the authorities, will not be represented," Lukashevich said.

Russia believes the meeting would unlikely facilitate the start of the inter-Syria dialogue on ways to overcome the crisis, the spokesman said.

Lukashevich said Moscow had an impression that the "Friends of Syria" meeting resembles "the Libya Contact Group," which has the aim to support only one side of the internal conflict.

"According to reports, the final document of the meeting has already been drafted by a narrow group of countries while other participants would be asked just to rubber-stamp it," Lukashevich said.

http://news.xinhuanet.com/english/world/2012-02/21/c_131423318.htm

Anonymous said...

Jim Stone's radio appearance, which I found on Henry Makow's website. In my view, however, the title should be "US & Israel did Fukushima."


Israel Did Fukushima 1/7
http://www.youtube.com/watch?v=1G9QlynPBcQ&feature=related

Anonymous said...

Movement "I DON'T PAY" is spreading across Europe - 22.2.12

IT STARTED IN GREECE ,IF I DO NOT GET PAID I WILL NOT PAY, UNEMPLOYED FIGHT BACK,WHY WOULD YOU PAY TAX OR INSURANCE IF YOU GET NOTHING BACK WHEN YOU NEED IT ,PEOPLE POWER FIGHT BACK STOP PAYING TAX INSURANCE THE GOVERNMENT ARE CORPORATE BANKING MACHINES WHERE DOES YOUR TAX MONEY PENSION MONEY INSURANCE MONEY GO WHO'S POCKETS ARE DEEP ENOUGH.

Anonymous said...

Moody's is at it again. Has just downgraded Greece from CCC to C = Default highly likely.

Greece is demonstrating again today under the banner of their two biggest labour unions.

Meanwhile in Spain with its 49% unemplyment rate among the youth of the country and 22% among adults, demos continue on practically a daily basis.

Anonymous said...

Whether they like it or not, west is out of the Mideast soon. So, after Libya, they are turning their attention to the rest of Africa. Take a look:

Somalia Next On The NWO Hitlist

Following last year's successful NATO mission in Libya, the Western corporate and political power structures forging a "new world order" have turned their sights on another strategically important African country -- Somalia.

As reported in yesterday's The Guardian, the use of air strikes is being considered against "pirates and Islamic insurgents" operating in the country...

Africa's days of suffering have only begun, but believe you me, after the bitter price of resistance has been paid, they will finally emerge victorious and ready to reclaim their rightful place in the world.

Anonymous said...

08:50, thanks and sorry it took some time, but that was a long video to watch. Now that I've gone through it, I say no wonder Rense saw red and chucked out Makow from his team.

Anyway, though I'm no specialist myself, I think Stone made many valid points, the one about the three epicentres for one quake being the most accessible for non specialists. Also the fact that an earthquake claimed to be 9.00 on the Richter scala caused so little damage to buildings, the general infrastructure, etc.

Again, what the reason for the attack might have been leaves me doubtful. If they didn't want Japan to enrich uranium for Iran, they could have put pressure on the country in other ways, seems to me. But, well, Stone's point that henceforth terrorism would be replaced by false flag natural catastrophes instead to justify takeovers etc. is also most interesting. Neo-colonialism hoping to acquire a new lease of life through these means.

Rising H., if you're around anytime, do come and tell us what you think of Stone's take on the events of Fukushima and everyting that followed.

Anonymous said...

US Troops Now in 4 African Countries to Fight LRA
Rear Adm. Brian L. Losey, the top U.S. special operations commander for Africa, said the U.S. troops are now stationed in bases in Uganda, Congo, South Sudan and Central African Republic.

"We've already seen a decrease in the lethality of LRA (i.e. terrorist)activities, which we think is attributable in part to the pressure we and our partners are applying," Losey said in a telephone briefing to journalists.

Anonymous said...

Scandal: Greece To Receive "Negative" Cash From "Second Bailout" As It Funds Insolvent European Banks - 23.2.12

Here is where it just got surreal. It turns out that not only will Greece not see a single penny from the Second Greek bailout, whose entire Use of Proceeds will be limited to funding debt interest and maturity payments, but the country will actually have to fund said escrow! You read that right: the Greek bailout #2 is nothing but a Greek-funded bailout of Europe's insolvent banks... and the Greek constitution is about to be changed to reflect this!

Nussiminen said...

@17.20

Not "surreal" in the slightest, as I see it. The monstrosities perpetrated non-stop by Big Finance worldwide, most notably against the duly immiserated Third World, speak for themselves.

But one nevertheless has to admit that looting the Baboonarium is way smarter. Half a billion silly baboons in EUnuchia wholeheartedly opt for throwing tantrums at Greece as the EU puts taxpayers' money "at work" on behalf of Reverend Kleptocracy. One can readily imagine the refined amusement (not to say malicious glee) prevailing among the business elites as the baboons keep grovelling before money and power.

Anonymous said...

Nussiminen, our latest thread should be to your liking, dealing as it does with the travails of Greece and the example it furnishes of who can grovel most faced with the majesty of greed.

Anonymous said...

>14:12

In my view, Jim Stone's articles are good and probably only detailed arguments on the incident in the English speaking world.
(Fulford knows much, but he does not write long, detailed pieces. Moreover, I don't know for whom he works now)

Since I want people of the world to know the earthquake was man-made and the nuke accident was fake, I posted them here.
If you are convinced, please spread them to many English political blogs.

That being said, I'd like to point out the following;

(i) US was the main criminal. Israel's role was just partial. So, the title should be "US and Isis-Ra-El did Fukushima."

(ii) In narrower sense, the aim of blowing up reactors was to cover up radiation from explosions of seabed nukes.
In wider sense, the reason they carried out this attack was to subjugate Japan in the financial warfare. I do not agree with Stone when he says "Japan helped Iran's nuclear program, etc."

(iii) Stone should think of the possibility
that most of the fuel rods had been taken
away before the earthquake.

R.H.

Anonymous said...

I really appreciate Makow for attacking Rense and making it clear that he's a disinfo agent.

I often visited rense.com since it is useful. It has many nice links, for instance. I was informed of nice researchers on his website. I appreciate it. But, I felt strange when he talks about UFO, Morgellon disease, etc. I also wondered why he only whines and never proposes a solution.

When some people told me not to believe him too much, I understand them to some extent. But, I thought, maybe
(1) he simply does not know much about these topics,
or
(2) he was partially bribed or threatened to keep silent on these topics.

When Rense started fearmongering after the nuke "accident," I was fully convinced that Rense is a disinfo agent and quite malicious.When he kicked out Ben Fulford from his radio program, who shouted and told him to stop fearmongering, I got more convinced. (And the way he talks!! So arogant and pompous.)

Fulford's effort was not very bad. But, I guess Fulford is not so famous over there and is considered to be a nut. On the other hand, Makow is probably well-known. Many people who were not interested in the man-made earthquake may realize something, when they try to find out why Makow and Rense fight. And, as you said, it is not so difficult to understand there are so many inconsistencies once one is given a bit of
information as in Stone's articles.

R.H.

Anonymous said...

R.H., thanks a million for your excellent comments. You've said from day one that Fukushima and the earthquake were not natural events and Stone's theories bear you out. I also agree that the title should be US and Israhell Try and Get Japan. I agree with you that the reasons behind those insane attacks was financial rather the Iranian uranium story. As for spreading the tale far and wide, I fear the alternative media are as keen on portraying Japan as a natural event as the MSM are. The alternative media, alas, are often alternative only in name or the MSM disguised, But we'll carry on trying to arouse people's interest in Stone's version of how Japan one bright, innocent day was suddenly attacked out of the blue in this horrendous fashion.

Which leaves us with a few last questions: What is Japan planning to do about it? Will there be any reaction whatsoever on their part? How are the Japanese coping with their partially destroyed country?

Everything else we'll write under the new thread posted above.

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