by Tyler Durden ZeroHedge.com 06/10/2012 While the short-term benefits can be weighed against any long-term solution a number of ways, Nigel Farage provides not just the most colorful summation of situation but also the most succinct when he refers to the ‘madness’ of ‘intervention to keep the Euro alive’ as “reinforcement of failure“The better,... »
Archive for June 10th, 2012
“The Euro Is Like a Knife in the Hands of a Child”
Wolf Richter ZeroHedge.com 06/10/2012 While France is preoccupied with the legislative elections next weekend, Germany and Austria plunge into intense public soul searching about the euro, its meaning, its relevancy, the sheer and endlessly growing expense of maintaining it. To which are now added the $125 billion for bailing out Spain, the first in... »
House Homeland Security Chairman Peter King (R-NY): Drones ‘carry out the policies of righteousness and goodness’
By David Edwards RawStory.com Sunday, June 10, 2012 House Homeland Security Chairman Peter King (R-NY) on Sunday refused to confirm the existence of U.S. drone strikes in other countries, but later insisted that the unmanned flying machines were being used to “carry out the policies of righteousness and goodness.” During an interview on CNN,... »
Local L.A.-area Paper: “Radioactive sea spray has been shown to blow hundreds of kilometers inland” -Study
By ENENews June 10th, 2012 A Radioactive Nightmare Ventura County Reporter Michael Collins June 7, 2012 Radioactive sea spray has been shown to blow hundreds of kilometers inland in tests conducted in the United Kingdom by British and European researchers. In the 2008 report “Sea to land transfer of radionuclides in Cumbria... »
$125bn Spanish bank bailout sets gold up for $2,000 and silver $60 this autumn
By: Peter Cooper GoldSeek.com Sunday, 10 June 2012 Eurozone finance ministers panicked this weekend and agreed to a preemptive announcement of a $125 billion bailout for the Spanish banks, bringing the grand total for bank bailouts to $600 billion when Ireland, Portugal and Greece are added. Money printing on this scale has only ever... »
Italy’s bank reportedly takes a ‘Roman Holiday’ leaving depositors holding the bag
TheExtinctionProtocol.com June 11, 2012 ITALY – BNI depositors are unable to make withdrawals / payments, payments of utility bills, mortgage payments, taxes says Peter Giordano, Adiconsum: “Grave of the Bank of Italy’s attitude that takes action without considering the impact on depositors, and especially on single-income families and pensioners.” Adiconsum Bank of Italy asks... »
Powerful 5.8 magnitude earthquake strikes Dodecanese Islands of Greece
TheExtinctionProtocol.com June 10, 2012 GREECE – A powerful earthquake has shaken Greece’s island of Rhodes and southwestern Turkey. No deaths or serious damage have been reported, but officials say six people were hurt in Turkey by jumping out of buildings. The Athens Geodynamic Institute says the quake with a preliminary magnitude of 5.8 struck... »
Asian Stock Market Crash Trigger?, Great Depression 2
By: Andrew McKillop Market Oracle Jun 10, 2012 Logically, a more globalized economy should generate globalized depressions as well as growth surges, that is increased synchronization should be easy to identify in the data: to be sure and certain, the exact opposite reasoning, of compensating de-synchronized regional movements in the economy is used by... »
This is How the Spanish Bailout Will Impact Key Markets
KingWorldNews.com June 10, 2012 With investors around the world wondering how the $125 billion Spanish bailout will affect trading, today Michael Pento, of Pento Portfolio Strategies, writes exclusively for King World News to let readers know exactly how this bailout will impact key markets. Here is what Pento had to say about the situation:... »
The “Luciferian” Eye Arrives…
Beware the spy in the sky: After those Street View snoopers, Google and Apple use planes that can film you sunbathing in your back garden Software giants will use military-grade cameras to take powerful satellite images By Vanessa Allen DailyMailUK 10 June 2012 Spy planes able to photograph sunbathers in their back gardens are... »