Archive for May 22nd, 2013

By Michael TheEconomicCollapseBlog.com May 22nd, 2013 Is the coming financial collapse going to be inflationary or deflationary? Are we headed for rampant inflation or crippling deflation? This is a subject that is hotly debated by economists all over the country. Some insist that the wild money printing that the Federal Reserve is doing combined... »

David Francis, The Fiscal Times BusinessInsider.com May 22 2013 The Pentagon’s internal auditing arm charged with ensuring that DOD spends its money properly has a $574 billion backlog – leaving potentially tens of billions of overpayments to contractors on the table. The Defense Contract Auditing Agency, a little-known federal agency with a budget of... »

by: Arabi Souri Syrianews.cc May 22, 2013 Syrianews managed to confirm the news we received a couple of days ago that a Syrian Navy boat destroyed an Israeli submarine off the Syrian coast at 150 meters depth on 02 May 2013 around 2 – 2:30 am. We were not told the type or size... »

By Stephen Lendman Global Research May 22, 2013 Syria is Washington’s war. Israel’s very much involved. It abhors peace and stability. Its history reflects belligerence. It’s a direct threat. It borders Syria. Both countries are longstanding imperial partners. The Israeli Lobby plays a key role. Orwell once said “(w)ho controls the past, controls the... »

Sayer Ji Activist Post.com Wednesday, May 22, 2013 According to a report released today by GMWatch, China destroyed three shipments of GM corn imported from the US. The first two shipments are referenced on the website of the Zhuhai Entry-Exit Inspection and Quarantine Bureau, confirming that two illegal GM corn shipments entered Wanzai Port... »

WashingtonsBlog.com May 22, 2013 Fed Pours Huge Sums Into Foreign Bank Coffers We noted even before the TARP bailout law was signed into law that bailout moneys could flow to foreign banks. We were right. A large percentage of the bailouts went to foreign banks (and see this). And so did a huge portion... »

by Tyler Durden ZeroHedge.com 05/22/2013 With Greece suffering the biggest economic depression in decades, all so a few rich men can preserve their wealth and not have their EUR-denominated savings wiped out (even if the alternative means finally being able to rebalance externally using the Drachma instead of forcing internal rebalancing via unemployment and... »

Man tells camera: ‘I apologise that women had to witness this today’ Soldier attacked with meat cleavers and knives in Woolwich, SE London Eyewitness says: ‘They were hacking at him, chopping him, cutting him’ Two suspects waited until police arrived before trying to attack them Prime Minister David Cameron described the killing as ‘truly... »

Investmentwatchblog.com May 22nd, 2013 Global Risk Appetite At 2006 Levels – Nears ‘Euphoria’ Global risk appetite surged to 4.53 (5 being ‘euphoria’), its highest level since the euphoria event of 2006, and up from 1.76 one month ago according to Credit Suisse. Other risk appetite indices, as well as market anecdotes, confirm the “almost... »

KingWorldNews.com May 22, 2013 Top Citi analyst Tom Fitzpatrick’s team sent King World News three extraordinary gold charts illustrating why gold is headed for a massive $2,000+ gain from current levels. KWN is pleased to share this information with with our global readers. Below is what top Citi analyst Fitzpatrick’s team had to say... »