2,443 daily postings to this news blog as of
True Believer Album by Jeff DeVillez (
War on Iran & Syria: What They Are NOT Telling Us ~ link
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I am not a religious man at all but in this particular case I pray that war with North Korea does not happen as I see it is the potential strike of the tinder box that ignites a shitstorm that you will never forget, that is if you end up living through it by not being blow to shit, starve or be gunned down by invading troops or your own govt at a later day.
The world is on a knifes edge.
We've been taken over by Stealth - Morris - video ~ link ~ Good One Morris! Stirling
Iranian military chief vows to defend North Korea from US ~ link ~ Right...NOT...this is from the Jewish Press so this is apt to be a projection of what they want us to believe or want to believe themselves. Stirling
Chinese colonel says latest bird flu virus is a US biological weapon ~ link ~ Also see ~ link ~ If the Chinese Government really believes this to be true there will be a rather large 'payback' coming. Stirling
A Chinese Air Force officer on Saturday accused the U.S. government of creating the new strain of bird flu now afflicting parts of China as a biological warfare attack.
People’s Liberation Army Sr. Col. Dai Xu said the United States released the H7N9 bird flu virus into China in an act of biological warfare, according to a posting on his blog on Saturday.
China's Bird Flu Problem Is Getting Worse ~ link ~ Check out the map of infections! Stirling
H7N9 Causes CDC Activation of Emergency Operations Center ~ link ~ The EOC was activated at level 2, the second of three levels. Level 1, the highest, signals an agency-wide response.
The above activation of the CDC EOC is not a surprise. Although WHO and the CDC have claimed there was no human to human (H2H) transmission of H7N9, the first confirmed case represented by A/Shanghai/1/2013 was part of a familial cluster (both sons had severe pneumonia and one, 55M, died) as well as a geographic cluster (the second confirmed case, A/Shanghai/2/2013, lived in the same area, Minghang District, and was treated at the same hospital, Fifth Peoples Hospital). Media reports cited a significantly larger cluster.
Europe extends confiscatory non-template 'Template' to Interbank deposits ~ link ~ While every European leader, banker, street-sweeper has made a point to use the phrase "Cyprus was not a template" in the last few weeks since D-Boom dropped his tape-bomb, it appears that in reality plans continue to push ahead to indeed 'legalize' these confiscations. As Reuters reports, European Union ministers will consider a proposal this week to impose losses on short-term interbank deposits of lenders. The proposal is part of wider talks to consider when depositors should be bailed-in. Of course, it makes sense that banks should 'not' get special treatment for their overnight lending operations to one another, but the EU leaders want to ensure that these 'sacred' deposits do not escape confiscation, "while it is acknowledged that bailing in interbank liabilities may carry certain risks; on balance, it is preferable... that these liabilities are not excluded from bail-in". Of course, this will worry the ECB as they have worked so hard to unfreeze the interbank lending market post-crisis (with their direct backstops and intermediation). So while there is no template, and Cyprus is unique, it appears the new 'resolution' laws provide a clear plan (not template) for reaching all the way down the capital structure just as they did in Cyprus (and is legally correct from a pari passu basis).
Cyprus officials warn of imminent default amid crisis ~ link ~ Cypriot Finance Minister Harris Georgiades told parliament's finance committee on Monday that “public funds will have reached their limits by the end of the month…. It's time to pay the bill. We can only spend what is in our pocket. There is no other option.”
The minister said the country’s ailing economy is at a difficult juncture and that Nicosia must secure EU bailout funding.
Meanwhile, Cyprus Accountant General Rea Georgiou has said that the island nation is in need of at least 75 million euros (USD 97 million) to pay its bills this month.
Slovenia faces 'severe banking crisis' warns OECD ~ link ~ Bad loan ratios in Slovenia, where debtors are behind on payments by more than 90 days, are among the highest in the OECD. The figure stood at 14pc in October 2012, the equivalent of 19pc of the country's gross domestic product (GDP).
The think-tank, which analyses the world's 34 most-developed economies, recommended that the Slovenian authorities adopt 15 measures to repair the banking system, strengthen its fiscal sustainability and boost potential growth through structural reforms.
25 Things that you should do to get prepared for the coming Economic Collapse ~ link ~ Do you think that you know how to prepare for the collapse of the economy? If so, are you putting that knowledge into action? In America today, people are more concerned about the possibility of an economic collapse than ever before. It has been estimated that there are now three million preppers in the United States. But the truth that nobody really knows the actual number, because a lot of preppers keep their "prepping" to themselves. So what are all of those people preparing for exactly? Well, survey after survey has shown that "economic collapse" is the number one potential disaster that preppers are most concerned about. Of course that shouldn't be surprising because we truly are facing economic problems that are absolutely unprecedented. We are living in the greatest debt bubble in the history of the world, the global banking system has been transformed into a high-risk pyramid scheme of debt, risk and leverage that could collapse at any time, and wealthy countries such as the United States have been living way above their means for decades. Meanwhile, the United States is being deindustrialized at a blinding pace and poverty in this country is absolutely exploding. Anyone that is not concerned about the economy should have their head examined. Fortunately, I have found that an increasing number of Americans are becoming convinced that we are heading for a horrific economic crisis. Once they come to that realization, they want to know what they should do.
And the reality is that "getting prepared" is going to look different for each family based on their own unique circumstances. Some people have a lot of resources, while others have very little. Some people are very independent of the system and can move wherever they want, while others are totally dependent on their jobs and must stay near the cities at least for now.