Monthly Archives: October 2012

Tens of thousands rally in London against austerity

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“Government spending cuts brought some tens of thousands of people onto the streets of London and other British cities on Saturday in protest, with union leaders expected to call for a general strike.  Marchers carried signs reading ‘No cuts’ and ‘Tax justice not tax havens’, condemning the austerity measures introduced by Prime Minister David Cameron’s coalition government in a bid to reduce Britain’s huge deficit.”

http://www.rawstory.com/rs/2012/10/20/tens-of-thousands-rally-in-london-against-austerity/

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Disinformation and the CIA

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“The ten-page Makhov article is probably the most detailed and comprehensive description of CIA and its works in the open Soviet literature. It includes a biography of the evil genius Dulles himself, stressing his Wall Street background and his status as an agent for the monopolists in all foreign and military affairs from insuring the domination of U.S. capital abroad to establishing naval strength ratios. It affirms, on the basis of captured Nazi Foreign Ministry documents and other evidence, that his chief wartime mission in Switzerland was to see to the preservation of German economic and military might as a bulwark against the USSR.”

http://www.lewrockwell.com/blog/lewrw/archives/123566.html

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Study proves pesticide exposure linked to bumblebee colony failures

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“In those exposed to gamma-cyhalothrin, there was a higher death rate among worker bees.  And colonies that were exposed to both kinds of pesticides were likelier to fail.  The experiment was exceptionally long and detailed, the scientists say.  It lasted four weeks, whereas current guidelines test pesticides on bees for only up to 96 hours.  In addition, it looked at what happened when bees were exposed to two chemicals at the same time and at the changes in a colony’s social structure.”

http://www.rawstory.com/rs/2012/10/21/study-proves-pesticide-exposure-linked-to-bumblebee-colony-failures/

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Scientists confirm water extraction helped trigger deadly 2011 quake in Spain

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“The investigation adds to anecdotal evidence that human activities, ranging from exploration for shale gas, quarrying and even water reservoirs, can cause quakes. ‘Our results imply that anthropogenic [man-made] activites could influence how and when earthquakes occur,’ said the study.  In a commentary, Jean-Philippe Avouac, a geologist at the California Institute of Technology (Caltech) said water extraction at Lorca probably accelerated a natural process of stress accumulation rather than unleashed the earthquake by itself.”

http://www.rawstory.com/rs/2012/10/21/scientists-confirm-water-extraction-helped-trigger-deadly-2011-quake-in-spain/

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Revisiting The ’87 Crash

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“The key is to pay attention to the Fed. Volcker put the Fed into inflation mode, and big-spending Reagan only helped the inflationary cause throughout the 80’s.  Fast forward to 1987, and in comes ‘The Maestro’ Alan Greenspan as Fed Chairman. Within weeks of his taking over, the Greenspan Fed began tightening credit to stem the Volcker inflation that began with the Mexican bailout in 1982.  Now, those who understand the Austrian Business Cycle Theory, know what happens once interest rates start to rise after a long period of double-digit monetary expansion.  In 1987 it was a steep decline.”

http://www.economicpolicyjournal.com/2012/10/revisiting-87-crash.html

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1971: The Year That Nixon Chose Gold Over Paper

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“The U.S. was now free from the shackles of that barbarous relic. It was high time for gold to get dumped into the dustbin of history. No longer were people supposed to think of it as money. And being that gold’s industrial uses are minimal, its price was supposed to languish until the end of time.   Also of note in 1971, Merrill Lynch went public. It was only the second brokerage firm to do so. That same year, it released its ‘Merrill Lynch is bullish on America’ ad during The World Series.   Oh…and The Nasdaq was also launched in 1971.  So as you can see, Paper Money America was about to be unleashed!”

http://www.economicpolicyjournal.com/2012/10/1971-year-that-nixon-chose-gold-over.html

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Romney Family Investment Ties To Voting Machine Company That Could Decide The Election Causing Concern

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“While I am not suggesting conspiracies or that anyone would get involved in any foul play here, how is it possible that so many people could exercise so much bad judgment?  Keith Olbermann was suspended from his job at MSNBC for donating a couple hundred bucks to a local candidate that was a friend of his, because his employer required that journalists at the network stay free of having given such contributions to any candidate for all the obvious reasons.  Is it really too much to ask that those who control the voting machines that record and count the votes of  our elections be held to at least the same standard?”

http://www.forbes.com/sites/rickungar/2012/10/20/romney-family-investment-ties-to-voting-machine-company-that-could-decide-the-election-causes-concern/print/

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The ‘Red Pill’ Of Economics

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“More and more people are starting to wonder if central banks like the Bank of England and The Fed can just ‘rip up’ the debt that they’ve bought via Quantitative Easing, and reduce the national debt of these countries with the stroke of a key.  Asking this question, and thinking about the implications of it, is the equivalent of taking the ‘Red Pill’ of economics. If you start thinking about the possibility that the central bank could just rip up a government’s debt, with few negative ramifications, then you might start thinking about government finances in a totally new way that makes you uncomfortable.”

http://www.businessinsider.com/top-client-question-can-central-banks-just-cancel-sovereign-debt-2012-10

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Another Eurozone Country Bites The Dust

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“What’s unique in the collapsing housing bubble in Cyprus is a title-deed scandal of unimaginable proportions. And it has embroiled waves of foreign buyers.  The banks aren’t talking. And they aren’t writing down their assets to reflect the layers of mortgages that are worthless. Developers are going bust. The money they pocketed has disappeared. Expat homeowners who don’t hold title deeds are terrified of losing their homes, even if they paid cash. There are no legal processes in place to resolve this. Estimates of the missing money range from €3 to €6 billion—enough to take down all Cypriot banks.”

http://www.testosteronepit.com/home/2011/10/29/another-eurozone-country-bites-the-dust.html

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A Commissarina Rises: Wendy J. Olson’s Reign of Terror

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“After being appointed to her current post by Barack Obama in 2010, Olson wasted no time in building a large network of undercover informants and devising remarkably novel ways to turn innocent people into criminals. While Olson’s efforts have done nothing to enhance the security of persons or property, they have been immensely lucrative for the coercive class. An October 4 press release from the Commissarina’s office boasted that her staff had collected $84 million in fines, assessments, and forfeiture proceeds over the past year – ten times its operating budget.”

http://freedominourtime.blogspot.com/2012/10/a-commissarina-rises-wendy-j-olsons.html

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