Archive for March 16th, 2013

Tim Worstall Forbes.com 3/16/2013 There’s a little detail in the just announced bailout of the Cypriot banks (and Cypriot economy as a whole) that could be setting an entirely disastrous precedent for the entire European banking system. Please note the “could be” here, it depends upon how people react next. That Cyprus and its... »

The Extinction Protocol.com March 16, 2013 PORTLAND – Coastal towns would be inundated. Schools, buildings and bridges would collapse, and economic damage could hit $32 billion. These findings were published in a chilling new report by the Oregon Seismic Safety Policy Advisory Commission, a group of more than 150 volunteer experts. In 2011, the... »

Investmentwatchblog.com March 16th, 2013 Cyprus state broadcaster CyBC reported that German Finance Minister Wolfgang Schaeuble had proposed Cypriots lose 40 percent of their bank accounts although they were not responsible for the economic debacle that was caused when a previous Greek government, in a frantic bid to reduce its debt, imposed 74 percent losses... »

by Gordon T Long ZeroHedge.com 03/15/2013 The state, crippled by massive deficits, endless war and corporate malfeasance, is clearly sliding toward unavoidable bankruptcy. It is time for Big Brother to take over from Huxley’s feelies, the orgy-porgy and the centrifugal bumble-puppy. We are transitioning from a society where we are skillfully manipulated by lies... »

by George Washington ZeroHedge.com 03/15/2013 Preface: This is not a partisan post. We have repeatedly documented that Obama is as bad or worse than the Bush administration. In the run up to the Iraq war – and for several years thereafter – the program of torture carried out by the Bush administration was specifically... »