Kurt Nimmo Infowars.com September 12, 2011 The Greek government is prepared to lean on property owners as the nation faces default and anti-austerity demonstrations once again turn violent. A new tax will be imposed on monthly electric bills and would average about €4 per square meter and range between 50 cents and €10 depending... »
Archive for September 12th, 2011
Insider Report: Obama Administration Intends to Unionize U.S. Military with Executive Order
Mac Slavo September 12th, 2011 SHTFplan.com The Ulsterman Report, known for their White House insider reports, has published an interview from a Wall Street insider that, if accurate, threatens to fundamentally change the make up and loyalties of the United States Military. According to a Wall Street insider with first-hand knowledge of the goings... »
Investors Brace as Europe Crisis Flares Up Again
By LIZ ALDERMAN and NELSON D. SCHWARTZ NYTimes.com September 11, 2011 Fears about Europe’s deteriorating finances intensified on Sunday as new doubts about the health of French banks, as well as Germany’s willingness to help Greece avert default, left investors bracing for another global stock market downturn this week. In Greece, the epicenter of... »
“Credible” Terror Alert Turns Into Fearmongering Farce
Ludicrous overreaction to airplane bathrooms visits underscores the fact that the terrorists have won Paul Joseph Watson Prison Planet.com Monday, September 12, 2011 The consequences of a “credible and specific” warning that terrorists were planning to blow up bridges or tunnels on the anniversary of 9/11 turned into a police state showcase and ended... »
1 Dead, 1 Injured Following Explosion At Nuclear Waste Reprocessing Facility In Marcoule, France
by Tyler Durden ZeroHedge.com 09/12/2011 Update: NO CONTAMINATION FROM EXPLOSION AT FRENCH MARCOULE NUCLEAR SITE – FRENCH POLICE: RTRS… hopefully the accuracy here is better than at Fukushima The following story is very fluid and we are following closely. Minutes earlier shares of french EDF have come under selling pressure following broad headlines of... »
Holy Shitshow: Recordathon In French Bank, European CDS Following Atriocious Italian Bond Auction, Dexia Bail Out, Libor Explosion
by Tyler Durden ZeroHedge.com 09/12/2011 As we speculated on Friday, Europe has opened, and it is ugly. In fact, Europe has never been closer to a bank and market holiday than it is right now. Why? Let’s go down the list. First, the French banks which are about to be downgraded any minute, have... »
BANK OF AMERICA IS DOOMED, Says Chris Whalen— Stop Firing People And Just Declare Bankruptcy Now
By Henry Blodget BusinessInsider.com Bank of America is doomed, says bank analyst Chris Whalen, the founder and managing director of Institutional Risk Analytics. (See video below) Importantly, this dour outlook has nothing to do with the company’s operating businesses, which Whalen thinks are fine. In fact, says Whalen, there’s no need for the bank... »
Indebted States Must Give Up Control of Their Budgets, If they refuse, they should leave the eurozone, Dutch leaders say.
theTrumpet.com Eurozone nations that consistently break budgetary rules should be forced to surrender control over their budgets to a European commissioner or else leave the eurozone, said Dutch leaders September 7. Countries that “systematically infringe the rules must gradually face tougher sanctions and be allowed less freedom in their budgetary policy,” wroteDutch Prime Minister... »
Gold Advances as Escalating Debt Contagion Boosts Haven Demand
By Glenys Sim Bloomberg.com Gold climbed as investors sought to guard their wealth against a potential default in Greece amid concern the European debt contagion is worsening. Bullion priced in euros and Swiss francs advanced to all-time highs. Gold for immediate delivery advanced 0.2 percent to $1,859.75 an ounce at 7:29 a.m. in Singapore.... »
CENTRAL BANKS WAGING WAR ON GOLD AT THIS HOUR
By Dan Norcini TraderDanNorcini.blogspot.com If it is not obvious by now, it should be -an attempt by the Central Banks of the West to derail the rise in the gold price is currently underway. I mentioned in my midday comments that an effort would take place to prevent gold from moving beyond $1900 in... »