Archive for October 18th, 2012

By Charles Penty Bloomberg.com Oct 18, 2012 Spain’s banks face more loan losses as the pace of an economic slump risks turning a worst-case scenario dismissed in stress tests into reality. Bad loans as a proportion of total lending jumped to a record 10.5 percent in August from a restated 10.1 percent in July... »

Rob Wile BusinessInsider.com Oct. 18, 2012 PIMCO has seen enough of the federal government’s “fiscal theatre” and now says the U.S.’s credit rating will inevitably be slashed, Bloomberg’s Tracy Withers reports. “The U.S. will get downgraded, it’s a question of when,” Withers quotes Scott Mather, Pimco’s head of global portfolio management, as saying. “It... »

Mac Slavo October 18th, 2012 SHTFplan.com A decade ago drones were bulky looking aircraft controlled by complex computer systems requiring multiple pilots, and were reserved exclusively for military and foreign intelligence operations. But technological advancements in just the last five years in the areas of handheld computer hardware, high definition cameras, live streaming and... »

Potential for ‘October Surprise’ as tensions build Paul Joseph Watson Prison Planet.com October 18, 2012 In just one week, the United States will have three aircraft carriers facing Iran, the number usually regarded as sufficient for a state of war. The latest Stratfor naval update map shows that the USS John C. Stennis has... »

By Charles Kennedy OilPrice.com Wed, 17 October 2012 This week the US, UK, France, and a few Middle Eastern countries are conducting naval exercises in the Gulf of Persia to practice clearing mines that Iran, or other groups may place around the Straits of Hormuz in an attempt to disrupt the movement of oil... »

by George Washington ZeroHedge.com 10/18/2012 The “spontaneous” questions from audience members are actually pre-screened, and even the moderator is forbidden from asking follow-up questions: Gawker’s John Cook succinctly sums up the rigged debates: Leaked Debate Agreement Shows Both Obama and Romney are Sniveling Cowards *** Both campaigns are terrified at anything even remotely spontaneous... »

by Henry Shivley Fromthetrenchesworldreport.com October 18, 2012 Gas is back over $4 per gallon and it is not even making the news. There will be millions more people going into this winter without resources to meet their basic needs as they have become unemployed and exhausted their unemployment benefits. Despite the pre-election lies being... »

Stratrisks.com October 17, 2012 The TSK has prepared its action plan in the event of war, the “worst case scenario.” According to this plan, which aims to use land, sea and air forces combined, 2nd Army will play an active role. Amid the tensions with Syria it has been learnt that... »

Stratrisks.com October 17, 2012 Russia has begun installing a new state-of-the-art anti-aircraft weapon system in its southern military region with an eye toward targeting Turkey in response to a NATO missile defense shield outpost that was recently established in East Anatolia, daily Hürriyet reported. The installation will be completed by the end of this... »

Officials Blame Tehran for Sophisticated Disruptions of Capital One and BB&T Websites; More Strikes Planned Thursday BY SIOBHAN GORMAN WSJ.com October 17, 2012 WASHINGTON—Iranian hackers renewed a campaign of cyberattacks against U.S. banks this week, targeting Capital One Financial Corp. and BB&T Corp. and openly defying U.S. warnings to halt, U.S. officials and others... »