Archive for June 26th, 2012

by Tyler Durden Zerohedge.com 06/26/2012 While Europe is dominating headlines this week, UBS’ Art Cashin suggests “mark your calendar and cross your fingers” as he notes the disproportionate prevalence of events that occur in September. Focusing on The Economist’s Greg Ip’s recent post on a possible seasonal pattern in banking crises, via this recent... »

Patrick Henningsen Infowars.com June 26, 2012 Last Friday saw a Turkish combat jet downed in the Mediterranean Sea by Syrian antiaircraft batteries. Syria insists that Turkey’s F-4 Phantom was shot down inside Syrian airspace. It appears to be a baiting exercise by NATO, and for all intensive purposes, it has worked – so far.... »

Flooding the Gulf with warships is a routine practice to maintain hegemony by John Glaser AntiWar.com June 25, 2012 Four US minesweepers arrived in the Gulf over the weekend to bolster the US Navy’s Fifth Fleet, secure the flow of oil shipping routes, and threaten Iran. The additional ships have an area of operations... »

by Joe Wolverton, II TheNewAmerican.com The United States government is developing a computer system that would allow it to conduct cyber warfare without the intervention of a human programmer. Recently, stories have leaked detailing the U.S. government’s creation and implementation of two cyber attacks on the information systems of other nations. “Flame” was the... »

by Rick Rozoff Global Research June 26, 2012 On Tuesday, June 26 Belgium time the North Atlantic Council, the highest governing body of the U.S.-dominated North Atlantic Treaty Organization military bloc, will take up the issue of Syria under provisions of its founding document that in the past ten and a half years have... »

Reports suggest Western military intervention in full swing Steve Watson Prisonplanet.com June 26, 2012 French, British and Turkish military sources have suggested that elite British soldiers have entered Northern Syria and are operating ten kilometers inside the country in what is thought to be the first offensive western intervention against the Assad regime. “Our... »

By Simon Johnson Bloomberg.com Jun 24, 2012 The euro area faces a major economic crisis, most likely a series of rolling, country-specific problems involving some combination of failing banks and sovereigns that can’t pay their debts in full. This will culminate in systemwide stress, emergency liquidity loans from the European Central Bank and politicians... »

By: Graham Summers Market Oracle Jun 26, 2012 Europe is heading into a full-scale disaster. You see, the debt problems in Europe are not simply related to Greece. They are SYSTEMIC. The below chart shows the official Debt to GDP ratios for the major players in Europe. As you can see, even the more... »

RT.com 25 June, 2012 Emergency officials in Maine have taken part in a training exercise in preparation for a zombie apocalypse. This comes just weeks after the federal government publicly denied the existence of zombies. Around 100 emergency responders from eight different counties participated in the event in the quiet city of Bangor. The... »

by Tyler Durden ZeroHedge.com 06/26/2012 Just when we thought the European drama couldn’t get any more poignant, here comes Italy’s unelected former Goldmanite Mario Monti, and threaten that the beggar will pull the trigger on his own political career if he is not allowed to be a chooser. From Il Giornale: “If the Chancellor... »