Monthly Archives: October 2012

Counterfeit Perth Mint gold sold in China

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“An Australian mint has called in the Federal Police after being shown evidence by Seven News that its gold bars are being counterfeited.  An Australian mint has called in the Federal Police after being shown evidence by Seven News that its gold bars are being counterfeited.  The investigation uncovered Chinese ‘forgery factories’ that will churn out fake bullion and even Australian coins, for a fraction of their face value.”

http://au.news.yahoo.com/latest/a/-/latest/15182799/counterfeit-aussie-gold-sold-in-china/

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Federal government now ruthlessly stealing thousands of dollars from small farmers’ bank accounts via ‘Bank Secrecy Act’

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“If you run a family farm or other small business in which you regularly make large cash deposits at the bank, you could be in violation of a little-known federal law called the Bank Secrecy Act. Making regular cash deposits of any amount, in fact, could land you in the crosshairs of government tyrants who, according to CBN News, have already seized tens of thousands of dollars from family farmers whose only ‘crime’ was depositing their hard-earned cash in their bank accounts.”

http://www.naturalnews.com/036716_small_farmers_bank_secrecy_theft.html

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Family orchard ransacked by hungry mobs after owners generously offer undersized peach crop free to public

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“A Colorado fruit orchard was ransacked by locals recently after its generous owners decided to open up their private peach grove to the public for a free picking. Don and Marilyn Schanaman were horrified to learn that their benevolent efforts to salvage an undersized peach crop resulted in what can only be described as utter savagery by the lowest members of society, who saw fit to harass the family and even damage their property after the peaches had all been picked.”

http://www.naturalnews.com/037612_orchard_hungry_mobs_free_food.html

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Doug Casey at Libertopia 2012

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“This is Doug Casey at Libertopia, this is without a doubt his best speech ever. He holds no punches amongst fellow libertarians and anarchists.  Oct 12 2012 (Friday)”

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Iraq issues arrest warrant for ex central bank chief, other officials

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“Iraqi authorities issued arrest warrants for the former central bank chief and other bank officials after a probe into corruption, a spokesman for the high judicial council said on Friday.  Iraq’s cabinet on Tuesday ousted director Sinan al-Shibabi over a parliamentary charges bank officials were abusing dollar sales. His dismissal will do little to ease investor worries the government is undermining the bank’s autonomy.”

http://www.reuters.com/article/2012/10/19/us-iraq-trial-arrest-idUSBRE89I0IG20121019

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The Sad History of U.S. Peace Negotiations

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“Negotiating for peace to prevent war is not the forte of U.S. governments.  The Iranian story is yet to be written, but the press is now reporting that the U.S. and Iran have agreed for the first time to one-on-one negotiations over Iran’s nuclear program.   Republican Senator Lindsay Graham wants none of it, stating that ‘The time for talking is over.’ After all, just take a look at all the U.S. military bases surrounding Iran. Sadly, with the above graphic, combined with the U.S.’s history of not negotiating peace, it’s not looking so good for those of us who don’t want more foreign wars.”

http://www.economicpolicyjournal.com/2012/10/the-sad-history-of-us-peace-negotiations.html

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Middle East oil companies targeted in cyber war

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“Middle Eastern oil and gas companies have been targeted in massive attacks on their computer networks in an increasingly open cyber war where a new virus was discovered just this past week.  US Defense Secretary Leon Panetta also referred publicly for the first time about the ‘Shamoon’ virus that hit Saudi Arabia’s state oil company Aramco in August, disabling more than 300,000 computers. The virus also hit Rasgas, a joint venture between US oil firm Exxon Mobil Corp and state-controlled Qatar Petroleum.  Panetta warned of the possibility of a ‘cyber-Pearl Harbor’ to justify a policy of moving aggressively against threats.”

http://www.rawstory.com/rs/2012/10/21/middle-east-oil-companies-targeted-in-cyber-war/

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Millions affected after cyber attack on HSBC

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“An unknown group launched a so-called ‘denial of service’ attack on Britain’s largest bank on Thursday evening, crashing web-based services for about seven hours.  At its peak, HSBC was deluged with internet traffic 500 times its normal level, five times higher than the amount of traffic that hit the bank in a similar attack earlier this year.  US financial group Capital 1 is also understood to have been hit by a similar denial of service attack at the same time as HSBC.  Several parties have claimed responsibility for the attacks, which have been linked to Islamic groups protesting against controversial film The Innocence of Muslims.”

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/9621883/Millions-affected-after-cyber-attack-on-HSBC.html

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Sheila Bair’s Bailout Blame Game

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“During the summer of 2011 Sheila Bair stepped down as chairman of the FDIC and set herself to work on a tell-all book on the financial crisis.  Bair’s book, Bull by the Horns: Fighting to Save Main Street from Wall Street and Wall Street from Itself, was released in late September. As part of the promotion of the book she had an interview with The Wall Street Journal during which, consistent with her public reputation, she confided that she ‘hates bailouts.’  However, a careful study of board minutes, supporting memos, and transcripts of FDIC board meetings during the crisis reveals a different reality.”

http://www.independent.org/newsroom/article.asp?id=3473

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“But there is no inflation!” – Misconceptions about the debasement of money

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“There is no end to ‘quantitative easing’. It will have to continue forever. There is no ‘exit strategy’. The central banks are digging themselves – and all of us – an ever deeper hole.  These forecasts have been accurate so far and they continue to be my forecast for the future. And here is another forecast: The present measures will over time be seconded with others that in my book I label ‘nationalization of money and credit’, that is, institutional investors will be coerced via legislation and regulation to remain invested in certain asset classes, the war on cash and the war on off-shore will continue and intensify, ultimately we will see capital controls.”

http://detlevschlichter.com/2012/10/but-there-is-no-inflation-misconceptions-about-the-debasement-of-money/

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