Author: jimmy

QE Is A Farce – Bernanke’s Head Fake Sends Stocks Soaring

In the case of QE, we can see now that Bernanke forged ahead without developing a coherent exit strategy. That’s a big no-no; you never want to paint yourself into a corner especially when trillions of dollars and the stability of the financial system are at stake. But that’s where Bernanke finds himself today four years after embarking on a policy path that has boosted corporate profits to all-time highs, widened income inequality to levels not seen since the Gilded Age, and pushed Dow Jones Industrial Average up by 146% since its March 2009 low.

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Look at ‘Liberated’ Libya and Despair

During the NATO bombardment, news from Libya dominated the front pages and was the first news item on every Western and Arabic television station. There was 24-hour coverage about the Libyan Liberation miracle and the great victory achieved by NATO and the revolutionaries. Nowadays it is very rare to find a Western reporter there and even more rare to read a decent report about Libya and what is really going on there.

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Someone Has to Pay – Will it Be You?

Regulators are laying the operational groundwork for a new type of banker bailout deemed politically acceptable. The last time around, they went straight to the taxpayers. The next time around, they are going straight to the depositors.
In numerous countries there is now much evidence that depositors are re-evaluating their trust in their respective financial systems and voting with their wire transfers. This is entirely understandable.

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The Crisis at Fukushima 4

within as few as 60 days it may begin trying to remove more than 1300 spent fuel rods from a badly damaged pool perched 100 feet in the air. The pool rests on a badly damaged building that is tilting, sinking and could easily come down in the next earthquake, if not on its own.

Some 400 tons of fuel in that pool could spew out more than 15,000 times as much radiation as was released at Hiroshima.

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Syria: Something must be done – I mean, anything!

It must be heartbreaking for many of these people who were looking forward to some bombing in Syria. One of them was on Question Time, trying hard to make a strategic case for war, but so frustrated he looked as if he was about to shout “Oh look it’s not FAIR – I wanted MISSILES and EXPLOSIONS and the bloke who wrote Bravo Two Zero on Sky News guessing what would be blown up next. I WANTED it. I WANTED it. I HATE that Putin.”

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Globalists Target 100% State Owned Central Bank of Libya

BSN Editor Note: In case you were wondering about the recent saber rattling and media hype for attacking Syria with Tomahawk cruise missiles, remember the real reason the west attacked Libya in 2011. The 144 tons of gold belonging to the people of Libya is currently sitting in a bank vault in the city of London – will this ever be returned we ask rhetorically?

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‘I’ Is for ‘Impeachment’

Beyond what is legal or illegal in the United States, the Nuremberg Trials of 1946, which convicted a number of Nazi leaders, clearly defined the starting of a war of aggression as the “supreme international crime,” a view that was endorsed by the court’s American prosecutor Robert Jackson and which was also accepted by the administration of President Harry Truman. So by that standard bombing Syria would be a war crime and President Obama would be a war criminal.

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In an age of ‘realists’ and vigilantes, there is cause for optimism

In a continent ravaged by those whom Nixon called “our bastards”, Latin American governments have defied the likes of Clarridge and implemented much of Allende’s dream of social democracy – which was Kissinger’s fear. Today, most of Latin America is independent of US foreign policy and free of its vigilantism. Poverty has been cut almost by half; children live beyond the age of five; the elderly learn to read and write. These remarkable advances are invariably reported in bad faith in the west and ignored by the “realists”. That must never lessen their value as a source of optimism and inspiration for all of us.

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Chomsky: “The Mafia Doctrine,” or the Crucial Issue for the US in Syria Is Credibility

The officially presented reason for the US threat of military action against Syria is the alleged use of chemical weapons against civilians by the Assad regime. Thus far, credible evidence supporting this claim has not been presented. Also, US condemnation and outrage over the use of chemical weapons by Assad seems rather peculiar, given Washington’s history of systematic practice of large-scale chemical warfare against civilians.

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President al-Assad’s Interview with Fox News

… in 2003, we proposed to the United Nations, to the Security Council, a Syrian proposal to get rid of the WMDs from the Middle East, to have chemical-free zone or WMD-free zone in the Middle East. And actually, the United States opposed that proposal…

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