Monthly Archives: August 2012

AIG latest to make capital flight from eurozone

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“A quarterly filing by the insurer in the US shows that the firm is working to slash its exposure to both European sovereign debt and the eurozone’s banks, a further indication that companies are losing confidence in the single currency.  Its reduction in exposure to German sovereign debt was the most marked, falling 16pc over six months, from $1.85bn (£1.2bn) to $1.37bn, indicating that Europe’s largest economy is not insulated from the capital flight gripping the eurozone’s southern and heavily indebted members.”

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/insurance/9470907/AIG-latest-to-make-capital-flight-from-eurozone.html

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France gives green light to holiday home tax hike

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“Owning a charming holiday home in the heart of rural France may no longer be the life-long dream of Francophiles across the world, thanks to new substantial tax rises.  A massive tax rise affecting foreigners who own second homes in the country has been given its blessing by France’s highest authority, the Constitutional Council.  The legislation was approved on August 9, despite strong claims by many in the property market that it is against EU laws.  It comes even after President François Hollande appeared to reassure Britain’s legion of holiday home owners during a recent trip to the UK.”

http://www.france24.com/en/20120813-france-gives-green-light-holiday-home-tax-hike

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Germany: Facebook must destroy facial recognition database

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“German data protection officials today accused Facebook of ‘illegally compiling a vast photo database of users without their consent’ and demanded that the social network destroy its archive of files based on facial recognition technology.  Facebook claims it doesn’t have to do that, in part because the data collection is legal in Ireland, where Facebook’s European operations are based. While Facebook isn’t backing down, it has made one small concession by agreeing to suspend the tagging feature for Europeans who joined Facebook on or after July 1.”

http://arstechnica.com/tech-policy/2012/08/germany-facebook-must-destroy-facial-recognition-database/

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Social Security Administration To Purchase 174 Thousand Rounds Of Hollow Point Bullets

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“First it was the Department of Homeland Security, then it was the National Oceanic and Atmospheric Administration, and now the Social Security Administration is set to purchase 174,000 rounds of hollow point bullets that will be delivered to 41 locations across the country.A solicitation posted by the SSA on the FedBizOpps website asks for contractors to supply 174,000 rounds of ‘.357 Sig 125 grain bonded jacketed hollow point pistol ammunition.’ The synopsis to the solicitation adds that the ammunition is to be shipped to 41 locations within 60 days of purchase.”

http://www.infowars.com/social-security-administration-to-purchase-174-thousand-rounds-of-hollow-point-bullets/

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Standard Chartered fined $340 million over Iran deals

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“The ‘civil penalty’ came amid allegations that the London-based bank hid 60,000 transactions with proscribed Iranian clients worth $250 billion over ten years.  The clients included the state-backed Central Bank of Iran and the National Bank of Iran, both accused by Washington of helping Tehran seek nuclear weapons and fund terrorism.  Under the terms of the settlement with New York’s Department of Financial Services, Standard Chartered agreed to house a government anti-laundering monitor for two years at its New York branch.” [Regulation combined with warmongering is highly profitable.]

http://www.rawstory.com/rs/2012/08/15/standard-chartered-fined-340-million-over-iran-deals/

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State Department oversight of climate change spending abroad is a mess, watchdog reports

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“According  to a State Department website, the U.S. has contributed some $5.1 billion in climate change funding to developing countries in 2010 and 2011 alone, with additional money still pouring forth in 2012. The audit report, issued last month by the State Department’s Office of the Inspector General (OIG), casts an unflattering spotlight on a relatively obscure branch of the State Department that supervises climate change spending, and depicts it as over-extended in its responsibilities, unstaffed in critical monitoring posts, and more concerned with spending money than in monitoring its effectiveness.”

http://www.foxnews.com/politics/2012/08/15/exclusive-state-department-oversight-climate-change-spending-abroad-is-mess/

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Homeland Security Classifies ICE Ammo Purchase Following Controversy

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“Despite the fact that documents are only supposed to be redacted if authorized by Congress or for national security reasons, a solicitation posted on the FedBizOpps website yesterday concerning ammunition purchases made by the DHS on behalf of Immigration & Customs Enforcement (ICE) contains numerous blacked out sections.  The classified portions of the document include references to the amount of 223 62 and 223 64 grain ammunition being purchased.”

http://www.infowars.com/dhs-classifies-ammo-purchase-following-controversy/

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Addiction to morphine and heroin can be blocked: research

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“Researchers at the University of Adelaide in Australia worked with colleagues at the University of Colorado in the United States to pinpoint a key mechanism in the body’s immune system that amplifies addiction to opioid drugs.  The researchers said that opioid drugs such as morphine and heroin bind to immune receptors in the brain known as TLR4 which then act as amplifiers for addiction, ramping up the “reward” effect of drugs of abuse to a high degree.”

http://www.rawstory.com/rs/2012/08/15/addiction-to-morphine-and-heroin-can-be-blocked/

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Kansas Prosecutor Defeated by Glaring Stupidity of Pot Laws

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“My almost all white, middle-class, middle-aged jury went into full rebellion against the prosecutor! They felt marijuana should be legalized, what he does with it is his own business and that the jails are already full of people for this silly charge. Then, when the potential jurors found out that the State wanted him to pay taxes on illegal drugs, they went nuts. One woman from the back said how stupid this was and why are we even here wasting our time. A ‘suit’ from the front said this was the most ridiculous thing he’d ever heard. The prosecutor ended up dismissing the case.”

http://reason.com/blog/2012/08/14/kansas-prosecutor-defeated-by-glaring-st

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A Brief History of False Flag Attacks: Or Why Government Loves State Sponsored Terror

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“False flag attacks occur when government engages in covert operations designed to deceive the public in such a way that the operations seem as if they are being carried out by other entities.  False flag terrorism is a favorite political tactic used by governments worldwide. They influence elections, guide national and international policy, and are cynically used to formulate propaganda and shape public opinion as nations go to war.”

http://www.infowars.com/a-brief-history-of-false-flag-attacks-or-why-government-loves-state-sponsored-terror/

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