Obama Asks For $500 Million To Equip Syrian ‘Rebels’ – The ‘Good News’: Obama Will Only Arm Just The ‘Moderate’ Al-Qaeda Forces. So There Is Nothing To Fear.

syria border posts

“As the war in Iraq goes from bad to worse, and as the Obama administration is tired of being humiliated by a bunch of extremist Al Qaeda tribesman, the president is once again pivoting to the place where it all started. It is here where he intends on arming the local Al Qaeda jihadists once again, and will request half a billion dollars from Congress to achieve just that. The good news: Obama will only arm just the “moderate” al Qaeda forces. So there is nothing to fear.”
, Zero Hedge

Obama Asks For $500 Million To Equip Syrian Rebels As The ISIS Juggernaut In Iraq Spreads (ZeroHedge, June 26, 2014):

It is going from bad to worse for the Iraqi government, whose armed forces according to at least one unconfirmed media report, have suffered major losses.

Perhaps confirming this, is the report from Reuters that overnight ISIS continued it southern creep toward Baghdad, and has now reached a town that is just an hour from Baghdad which is home to four natural gas fields on Thursday, “another gain by Sunni insurgents who have swiftly taken large areas to the north and west of the Iraqi capital.”

The overnight offensive included Mansouriyat al-Jabal, home to the gas fields where foreign companies operate, security forces said. The fighting threatens to rupture the country two and a half years after the end of U.S. occupation.

Meanwhile, the Jihadists continue to consolidate their territories not only in the middle of the country but key transit points to Syria where as we reported yesterday, al-Qaeda forces in the two countries merged after ISIS forces and troops from the al Nusra front combined in at least one city. ISIS now control several border posts with Syria and have stolen U.S.-made weapons from Iraqi forces.

Read moreObama Asks For $500 Million To Equip Syrian ‘Rebels’ – The ‘Good News’: Obama Will Only Arm Just The ‘Moderate’ Al-Qaeda Forces. So There Is Nothing To Fear.

Austria Signs Russian Pipeline Deal, Hosts Rare Putin Visit

Austria signs Russian pipeline deal, hosts rare Putin visit (Reuters, June 24, 2014):

VIENNA, June 24 (Reuters) – Austria gave its final approval to a controversial Russian gas pipeline project on Tuesday, defying EU officials and welcoming Russian President Vladimir Putin to the neutral country that has been a long-standing energy customer for Moscow.

The chief executives of Russia’s Gazprom and Austria’s OMV sealed the deal to build a branch of the South Stream gas pipeline to Austria, a staunch defender of the project in the face of opposition from the European Commission.

South Stream, which will cost an estimated $40 billion, is designed to carry Russian gas to the centre of Europe, a continent already dependent on Russia for a third of its gas needs, on a route that bypasses current transit country Ukraine.

Read moreAustria Signs Russian Pipeline Deal, Hosts Rare Putin Visit

White House Requests $500 MILLION To Aid Syrian ‘Rebels’

Related info:

ISIS Militants Now In Syria Using US Humvees Seized In Iraq! (Video)

Meanwhile at home:

Study: 27% Of US Veterans From Iraq, Afghan Wars Going Hungry

NYC Food Bank Head: 40% Of Veterans Need Food Assistance

Which America Do You Live In? – 21 Hard To Believe Facts About ‘Wealthy America’ And ‘Poor America’

29 Incredible Facts Which Prove That Poverty In America Is Absolutely Exploding

US: 4 In 5 Face Near-Poverty, No Work


change-we-can-believe-in

White House requests $500 million to aid Syrian rebels (RT, June 26, 2014):

The White House on Thursday asked Congress for half-a-billion dollars in aid to go towards opposition fighters in Syria at war with the regime of recently re-elected President Bashar Al-Assad.

Meanwhile, US Defense Secretary Chuck Hagel has ordered the Pentagon to develop more detailed plans to train and equip moderate Syrian rebels, should Congress approve the requested funding.

Read moreWhite House Requests $500 MILLION To Aid Syrian ‘Rebels’

Feds Spent $4.8 BILLION On Obamacare Exchanges So Far

Feds Spent $4.8 Billion on Obamacare Exchanges So Far (The Washington Free Bacon, June 25, 2014):

Law provided ‘indefinite’ funding

The federal government has spent nearly $5 billion to establish federal and state exchanges for Obamacare, according to a report by the Congressional Research Service (CRS).

The funding was provided by a section of the Affordable Care Act that allowed for “indefinite” funding at the discretion of the Secretary of Health and Human Services (HHS).

Read moreFeds Spent $4.8 BILLION On Obamacare Exchanges So Far

Iraqi PM Maliki Confirms Syrian Planes Have Bombed Isis Positions

Maliki confirms Syrian planes have bombed Isis positions (Guardian, June 26, 2014):

Iraq’s prime minister says he welcomes raid on Sunni militants as Iran and US intensify their presence in the country

The Iraqi prime minister, Nouri al-Maliki, said on Thursday that he welcomed a Syrian air strike on Sunni militant positions as it left both countries “winners”.

The Syrian warplanes struck near the border crossing in the town of Qaim on Tuesday, hitting the Islamic State in Iraq and the Levant (Isis), which seeks to carve out a purist Islamic enclave across the Syria-Iraq border.

Read moreIraqi PM Maliki Confirms Syrian Planes Have Bombed Isis Positions

The Chaos In Iraq Is By DESIGN

The Chaos In Iraq Is By DESIGN (Washington’s Blog, June 26, 2014):

Neoconservatives like Paul Wolfowitz planned regime change in Iraq more than 20 years ago … in 1991.

But the goal wasn’t just regime change (or oil).  The goal was to break up the country, and to do away with the sovereignty of Iraq as a separate nation.

The Guardian noted in 2003:

President Hosni Mubarak of Egypt predicted devastating consequences for the Middle East if Iraq is attacked. “We fear a state of disorder and chaos may prevail in the region,” he said.

Read moreThe Chaos In Iraq Is By DESIGN

Up To $80 Billion Gold-Backed Loans Are Falsified, Chinese Auditor Warns

Up To $80 Billion Gold-Backed Loans Are Falsified, Chinese Auditor Warns (ZeroHedge, June 26, 2014):

As the probe into alleged fraud at Qingdao continues to escalate (with liquidity needs growing more and more evident as Chinese money-market rates surge), Bloomberg reports that China’s chief auditor discovered 94.4 billion yuan ($15.2 billion) of loans backed by falsified gold transactions, in “the first official confirmation of what many people have suspected for a long time – that gold is widely used in Chinese commodity financing deals.” As much as 1,000 tons of gold may have been used in lending and leasing deals in China and Goldman reports that up to $80 billion false-loans may involve gold. As one analyst noted, this was unlikely to have a significant impact on the underlying demand for gold in China and as we have pointed out before, any unwind of the Gold CFDs would lead to buying back of ‘paper’ gold hedges and implicitly a rise in prices.

As Bloomberg reports,

China’s chief auditor discovered 94.4 billion yuan ($15.2 billion) of loans backed by falsified gold transactions, adding to signs of possible fraud in commodities financing deals.

As much as 1,000 tons of gold may have been used in lending and leasing deals in China, where commodities including metals and agricultural products are used to get credit amid lending restrictions, according to World Gold Council estimates.

Read moreUp To $80 Billion Gold-Backed Loans Are Falsified, Chinese Auditor Warns

Head Of Fourth Largest Albanian Bank Assassinated In Broad Daylight

Head Of Fourth Largest Albanian Bank Assassinated In Broad Daylight (ZeroHedge, June 26, 2014):

It was about two months ago when in a shocking development in the otherwise sleepy tax-evasion haven of Lichtenstein, the CEO of local Bank Frick, was murdered in the underground garage of the bank by a disgruntled former client. As readers may recall, the tragic event happened at a time when there was a spike in banker suicides, prompting us to wonder if “with the first open bank CEO murder, one wonders if there will be a change in the pattern.” Two months later it appears as if the vector of death is indeed changing when, as Reuters reported, overnight the head of the fourth largest bank in Albania, Credins, was murdered, shot at least five times, as he entered his office in the capital Tirana.

Read moreHead Of Fourth Largest Albanian Bank Assassinated In Broad Daylight

France: Joblessness Soars To Record High; Rises For 36th Month In A Row

French Joblessness Soars To Record High; Rises For 36th Month In A Row (ZeroHedge, June 26, 2014):

More Hollande ‘broken promises’ as French joblessness reaches a new record high. Aside from the idiotic month when officials forgot to send text messages, this is the 36th month in a row of worsening employment in France. That must explain why, along with a collapsing PMI, French bond risk remains near record lows…

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Stone Cold Proof That U.S. Government Economic Numbers Are Being Highly Manipulated

Stone Cold Proof That Government Economic Numbers Are Being Highly Manipulated (Economic Collapse, June 25, 2014):

How in the world does the government expect us to trust the economic numbers that they give us anymore?  For a long time, many have suspected that they were being manipulated, and as you will see below we now have stone cold proof that this is indeed the case.  But first, let’s talk about the revised GDP number for the first quarter of 2014 that was just released.  Initially, they told us that the U.S. economy only shrank by 0.1 percent in Q1.  Then that was revised down to a 1.0 percent contraction, and now we are being informed that the economy actually contracted by a whopping 2.9 percent during the first quarter.  So what are we actually supposed to believe?  Sometimes I almost get the feeling that government bureaucrats are just throwing darts at a dartboard in order to get these numbers.  Of course that is not actually true, but how do we know that we can actually trust the numbers that they give to us?

Over at shadowstats.com, John Williams publishes alternative economic statistics that he believes are much more realistic than the government numbers.  According to his figures, the U.S. economy has actually been continually contracting since 2005.  That would mean that we have been in a recession for the last nine years.

Could it be possible that he is right and the bureaucrats in Washington D.C. are wrong?

Read moreStone Cold Proof That U.S. Government Economic Numbers Are Being Highly Manipulated

William Engdahl: ISIS In Iraq: A CIA-NATO ‘Dirty War’ Op?

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Iraqi Kurdish forces take position near Taza Khormato as they fight jihadist militants from the Islamic State of Iraq and the Levant (ISIL) positioned five kilometers away in Bashir, 20 kms south of Kirkuk

ISIS in Iraq: A CIA-NATO “Dirty War” Op? (RT, June 24, 2014):

For days now, since their dramatic June 10 taking of Mosul, Western mainstream media have been filled with horror stories of the military conquests in Iraq of the Islamic State in Iraq and Syria, with the curious acronym ISIS.

ISIS, as in the ancient Egyptian cult of the goddess of fertility and magic. The media picture being presented adds up less and less.

Details leaking out suggest that ISIS and the major military ‘surge’ in Iraq – and less so in neighboring Syria – is being shaped and controlled out of Langley, Virginia, and other CIA and Pentagon outposts as the next stage in spreading chaos in the world’s second-largest oil state, Iraq, as well as weakening the recent Syrian stabilization efforts.

Read moreWilliam Engdahl: ISIS In Iraq: A CIA-NATO ‘Dirty War’ Op?

Gazprom Ready To Drop Dollar, Settle China Contracts In Yuan Or Rubles

Gazprom Ready To Drop Dollar, Settle China Contracts In Yuan Or Rubles (ZeroHedge, June 26, 2014):

A little over a month ago, when Russia announced the much anticipated “Holy Grail” energy deal with China, some were disappointed that despite this symbolic agreement meant to break the petrodollar’s stranglehold on the rest of the world, neither Russia nor China announced payment terms to be in anything but dollars. In doing so they admitted that while both nations are eager to move away from a US Dollar reserve currency, neither is yet able to provide an alternative. This changed rather dramatically overnight when in a little noticed statement, Gazprom’s CFO Andrey Kruglov uttered the magic words (via Bloomberg):

  • GAZPROM READY TO SETTLE CHINA CONTRACTS IN YUAN OR RUBLES: CFO

In other words just as the US may or may not be preparing to export crude – a step which would weaken the dollar’s reserve status as traditional US oil trading partners will need to find other import customers who pay in non-USD currencies – the world’s two other superpowers are preparing to respond. And once the bilateral trade in Rubles or Renminbi is established, the rest of the energy world will piggyback.

Read moreGazprom Ready To Drop Dollar, Settle China Contracts In Yuan Or Rubles

The Five Reasons To Own Gold (Infographic)

–  Visualizing The Five Reasons To Own Gold (ZeroHedge, June 25, 2014):

Following last night’s 94-page extravaganza on gold, this infographic, part four in our 2014 Gold Series (part 1, part 2, & part 3 here), covers the five best reasons to own gold: 1) Gold helps investors diversify their portfolios; 2) Gold is a great store of value; 3) Gold helps protect against inflation and other risks; 4) Gold demand is driven by a growing east, while grades are dropping and new discoveries are more scarce; and 5) Gold stocks are as cheap as they have ever been, using the GDX as a proxy. The reasons to own gold have not changed since the peak in 2011.

Read moreThe Five Reasons To Own Gold (Infographic)

How Barclays Got Caught Red-Handed With ‘Pernicious HFT Fraud’

Barclays

How Barclays Got Caught Red-Handed With “Pernicious HFT Fraud” (ZeroHedge, June 25, 2014):

 

First it was gold, now it is HFT – poor Barclays just can’t get away with any market rigging crime these days.

Remember when in the aftermath of the most recent Michael Lewis-inspired HFT scandal, one after another HFT and Dark Pool exchange swore up and down they know, see, hear and certainly trade no predatory algo evil? Turns out they lied, as usual.

Read moreHow Barclays Got Caught Red-Handed With ‘Pernicious HFT Fraud’

Baghdad May Lose Its Drinking Water As ISIS Approaches Second Largest Dam

–  Baghdad May Lose Its Drinking Water As ISIS Approaches Second Largest Dam (ZeroHedge, June 25, 2014):

Against a background of having lost control of all western border crossings, Iraqi officials are concerned that ISIS fighters are advancing on the Haditha Dam, the second-largest in Iraq. With militants pouring in from the north, the northeast and the northwest, The NY Times reports, army officers told employees to stay inside and to be prepared to open the dam’s floodgates if ordered to do so. “This will lead to the flooding of the town and villages and will harm you also,” warned one worried employee but this would not be the first time that the Iraqi government and ISIS have engaged in dam warfare, as the closure of the Falluja dam earlier in the year starved areas downstream in the provinces of Najaf and Diwaniya of water needed for crops. The situation is growing more grave as Maliki rejected calls for a caretaker government and has forced Iran’s hand to help. Senator Saxby Chambliss of Georgia noted “the Iranians are playing in a big way in Iraq.”

Read moreBaghdad May Lose Its Drinking Water As ISIS Approaches Second Largest Dam

GDP Disaster: Final Q1 GDP Crashes To -2.9%, Lowest Since 2009, Far Below The Worst Expectations

–  GDP Disaster: Final Q1 GDP Crashes To -2.9%, Lowest Since 2009, Far Below The Worst Expectations (ZeroHedge, June 25, 2014):

Remember when in January 2014, Q1 GDP was expected to rise 2.6%? Well, here comes the final Q1 GDP revision and it’s a doozy: at -2.9%, far below the -1.8% expected and well below the -1.0% second revision, it is an absolute disaster, and is the worst print since Q1 2009.

And while a bad GDP print was largely expected, the driver wasn’t: personal consumption expenditures somehow crashed from 3.1% to just 1.0%, far below the 2.4% expected, meaning that all hope of a consumer recovery is dead. Finally, as a reminder, US GDP has never fallen more than 1.5% except during or just before an NBER-defined recession since quarterly GDP records began in 1947. Good luck department of truth propaganda machine, because even assuming 3% growth every other quarter in 2014 means 2014 GDP will be 1.5% at best!

 

The State Of The Union: A Friendly Reminder Where We Stand Now

The State Of The Union: A Friendly Reminder Where We Stand Now (ZeroHedge, June 25, 2014):

Spend more than a few minutes watching CNBC (yes all 2,000 of you) and you will be told how great things are, how great things will be, and how (no matter how bad the immediate ‘event’ is) the hockey-stick of future exceptionalism will always be there. In the interests of full disclosure, that is wrong and these four charts show why… a friendly reminder of the state of the union…

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…But then there is all this wonderful wealth creation…

Read moreThe State Of The Union: A Friendly Reminder Where We Stand Now

Turkey’s ‘200 Tons Of Secret Gold’ Trade With Iran: The Biggest, Most Bizarre Money Laundering Scheme Ever?

–  Turkey’s “200 Tons Of Secret Gold” Trade With Iran: The Biggest, Most Bizarre Money Laundering Scheme Ever? (ZeroHedge, June 25, 2014):

The topic of Turkey’s Oil-for-Gold ‘deals’ has not been far from our thoughts over the last few years (here, here, and here) but as Bloomberg reports, after accessing a report leaked on March 14 of a network that spanned Turkey, China, Dubai and Iran, the plot reveals “one of the most complex illicit finance schemes [prosecutors] have seen.” It included the classic money-laundering techniques of over-invoicing and false invoicing (exactly as in the case of the Chinese commodity financing scandal underway) but the secret government plan to juice Turkey’s exports goes much deeper; and if you think that the exposure of this scheme is slowing Turkey’s manipulation, think again. Turkey’s trade balance continues to fluctuate unpredictably as gold stocks flow out of the country in bursts.  “Turkey’s going to continue it,” the Turkish economy minister said. “If those casting aspersions on the gold trade are searching for immorality, they should take a look in the mirror.”

We first started noticing major ‘odd’ exports of gold from Turkey to Iran in May 2012. But in 2013, with a plunging currency, surging inflation, slowing growth, and specter of rapid QE-driven hot money outflows leaving his nation desperate; Zafer Caglayan, the minister in charge of Turkey’s $800 billion economy decided that the only way to ensure success in the looming election… was to cheat…

Read moreTurkey’s ‘200 Tons Of Secret Gold’ Trade With Iran: The Biggest, Most Bizarre Money Laundering Scheme Ever?

ISIS Holds Parade With Captured US Military Vehicles (Photos)

–  ISIS Holds Parade With Captured US Military Vehicles (ZeroHedge, June 25, 2014):

As ISIS marches south over Iraq, produces movies, creates annual reports, and attacks dams; The Long War Journal reports The Islamic State of Iraq and the Sham’s Ninewa Division continues to crank out images of its conquest of Mosul and the surrounding province. Earlier today, the Ninewa Division released photographs of its forces seizing control of several bases, displaying captured military hardware, and executing Iraqi soldiers. Then, the Ninewa Division published a set of photographs of a military parade in the city of Mosul. The photographs provide a glimpse of the ISIS’ military strength in Mosul.

Via The Long War Journal, 

Read moreISIS Holds Parade With Captured US Military Vehicles (Photos)

‘Snooper’s Charter’: UK Goverment Pushes For Access To Social Media

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‘Snooper’s charter’: UK govt pushes for access to social media (RT, June 26, 2014):

Britain’s Home Secretary is pushing for new spying powers to access social media and email accounts. Theresa May argues that it’s a “matter of life and death,” and has dismissed claims the government wants to spy on citizens.

The British Home Office is pushing for changes to the law that would radically expand powers to monitor citizens. The communications data bill, which has been branded ‘the snooper’s charter’ by opponents, would allow authorities access to Facebook, Twitter and Instagram accounts.

In addition, services like Facetime and Skype would also be accessible to the UK authorities.

Read more‘Snooper’s Charter’: UK Goverment Pushes For Access To Social Media

DHS Biometric Program Gets $250 Million From Senate

dhs-biometric-program

DHS biometric program gets $250 million from Senate (RT, June 25, 2014):

A Senate subcommittee this week approved a request from the United States Department of Homeland Security for nearly a quarter-of-a-billion dollars to be used on a state-of-the-art biometric system.

On Tuesday, the Senate Appropriations Subcommittee on DHS green-lighted more than $47 billion to go towards the agency as part of a request made for funding in fiscal year 2015.

Read moreDHS Biometric Program Gets $250 Million From Senate

UK Government Silencing Truther Sites … UKColumn Censored (Video)


Added: Jun 25, 2014

Description:

Message fror Patrick Henningsen regarding UK censorship of UK Column, one of Britains leading alternative news websites…

UK Column is shutting down! British Gov’t has threatened UK Column with 250K in fines to regulate their YouTube channel, govt now claiming YouTube is “video on demand”. Everyone talks about “when they shut down the internet” – and here it is, govt regulation of YouTube content! Please get behind them in this fight…

Read moreUK Government Silencing Truther Sites … UKColumn Censored (Video)

Today’s Global Warming Propaganda Is Brought To You By …

Related info:

Shocking Climate Change Update


Today’s Global Warming Propaganda Is Brought To You By… (ZeroHedge, June 26, 2014):

“It’s going to get a lot hotter in the United States over the next 100 years, and worse going forward,” notes a report cited by Bloomberg.The report, below, fearmongers the mutually assured destruction that will happen if something is not done right now about global warming (despite the implications being out to the year 2200) concluding… “The risks are much more perverse and cruel than we saw with the financial crisis, because they accumulate over time…a business-as-usual approach is actually radical risk-taking.” Can you guess who sponsored the report and used those M.A.D. words?

First, the report via Bloomberg,

Read moreToday’s Global Warming Propaganda Is Brought To You By …

If The Clintons Are Worth 50 Million, Why Do They Get Nearly A Million A Year From The Taxpayers?

… when all they should be given are some nice and cozy prison cells.

Worldwide Financial Criminal Network Revealed (Part 1)

Hillary Clinton Exposed, Movie She Banned From Theaters (Full Documentary)


Obama-Bush-Clinton-Carter

If The Clintons Are Worth 50 Million, Why Do They Get Nearly A Million A Year From The Taxpayers? (Economic Collapse, June 24, 2014):

Since leaving the White House, the Clintons have earned at least 100 million dollars and currently have a net worth of up to 50 million dollars.  So why in the world do the taxpayers need to give Bill Clinton $944,000 to fund his extravagant lifestyle in 2014?  If ordinary Americans truly understood how much money many former politicians are being handed every year they would go bananas.  According to a Congressional Research Service report that was published earlier this year, the federal government has given a total of nearly 16 million dollars to Bill Clinton since 2001.  Each one of those dollars is a dollar that some U.S. taxpayer worked really hard for or that we had to borrow.  Yes, we don’t want our former presidents to go broke for a whole bunch of reasons, but it is absolutely absurd that we are showering them with millions upon millions of dollars.

Read moreIf The Clintons Are Worth 50 Million, Why Do They Get Nearly A Million A Year From The Taxpayers?