Infinite

$1 Trillion In US Bank Deposits Held Abroad Will No Longer Be Insured

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– $1 Trillion In US Bank Deposits Held Abroad Will No Longer Be Insured (ZeroHedge, Sep 10 , 2013):

In the aftermath of the Cyprus bail in (and to a lesser extent the Polish pension fund debacle), it is understandable if depositors are a little sensitive about the insurance, and thus confiscability (sic), of their deposits. Starting today, following a 5-0 vote by the FDIC, depositors in foreign US bank branches will officially no longer have recourse to a $250,000 in deposit insurance. The notional amount of deposits at risk: $1 trillion. This is not a new development: the FDIC rule to curb insurance on this category of deposits was proposed earlier this year, and today was the formalization. However, questions do arise: if a major US depository institution does fail domestically, the financial state of their depositors abroad will hardly be the biggest issue.

WSJ adds:

The move rejects what officials called a “creative” legal proposal from the banking industry. “We don’t want to become the deposit insurer for the world,” FDIC officials said at a briefing.

Read more$1 Trillion In US Bank Deposits Held Abroad Will No Longer Be Insured

Puerto Rico Muni Bonds Collapse (About 77% Of U.S. Mutual Funds Hold Puerto Rico Debt)

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– Detroit ‘Contagion’ Spreads; Widely-Held Puerto Rico Muni Bonds Collapse (ZeroHedge Sep 10, 2013):

“It’s getting concerning,” notes one fixed-income banker, Puerto Rico muni bond yields “never got near 10% [yields] even in the crisis.” Some of the 27-year maturity Puerto Rico bonds just traded at a dismal 67 cents on the dollar (10.082% yield) and the most recently issued 2036 Electric Power bonds have collapsed from par a month ago to just above 82 cents on the dollar today. As the WSJ reports, the fall in prices also is a sign of investor risk aversion in the wake of Detroit’s record municipal-bankruptcy filing in July; but it seems the anxiety and outflows from ETFs is having just as big an impact as Puerto Rico bonds now trade cheaper than Detroit’s. “It’s out of whack,” one analysts warns, though the island’s double-digit unemployment and recent weakness in economic indicators somewhat support the concerns – and while the “yields are attractive” it is possible that the island’s borrowing costs could go higher as supply is extremely heavy in coming months. With 77% of managers holding Puerto Rico bonds, this is a problem…

Via WSJ,

Puerto Rico debt is a flash point in the municipal-bond market, because the island is a prolific debt issuer and its bonds are widely held. About 77% of U.S. mutual funds hold some sort of Puerto Rico debt, according to Morningstar. The island’s bonds are attractive to investors because they offer relatively high yields, and unlike most other municipal debt, interest on them is exempt from federal, state and local taxes.

Read morePuerto Rico Muni Bonds Collapse (About 77% Of U.S. Mutual Funds Hold Puerto Rico Debt)

They Will Have To Maintain Fukushima Ice Wall For Several Hundred Years

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– Nuclear Consultant: They will have to maintain Fukushima ice wall for hundreds of years if ever installed (AUDIO) (ENENews, Sep 9, 2013):

Title: Japan to spend £300 million on Fukushima ‘ice wall’ containment
Source: Voice of Russia – UK Edition
Author: Daniel Cinna
Date: Sept. 3, 2013

Full broadcast here

JPMorgan May Be Parting Ways With Blythe Masters

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Flashback:

– Will JPMorgan’s ‘Enron’ Be The End Of Blythe Masters?

– JPMorgan Employee Who Invented Credit Default Swaps is One of the Key Architects of Carbon Derivatives, Which Would Be at the Very CENTER of Cap and Trade

– JPM May Be Parting Ways With Blythe Masters (ZeroHedge, Sep 10, 2013):

It is somewhat ironic that none other than CNBC is reporting the news (which was suggested here months ago in “Will JPMorgan’s “Enron” Be The End Of Blythe Masters?”) that as part of its divestment of its physical commodities unit announced previously, JPMorgan may also seek to cover up any trace of market manipulation in the division recently embroiled in the aluminum cartel scandal (which we reported on in June 2011 and which story recently rose to prominence as a result of follow up reporting by the NYT) by getting rid of none other than Blythe Masters.

To wit: “JPMorgan’s initial round of conversations over the sale of its physical commodities unit has involved at least 50 potential suitors, according to someone familiar with the matter, as the bank attempts to ink a deal by the end of the year. In addition to energy supply contracts and metal-storage facilities, people close to the deal say the transaction could include a significant human asset: JPMorgan’s longtime commodities head, Blythe Masters.  In addition to the physical assets it is selling—including the Liverpool, England-based metal-storage business Henry Bath & Son, U.S. power plants, and crude-oil and power supply agreements—any deal to sell JPMorgan’s commodities business could involve Masters, the division’s current leader, as well. Masters, 44, has found her future at JPMorgan in question as regulators crack down on both its power-supply business over alleged manipulations and the whole notion of banks owning commodities assets more generally.”

Ironic, because it was an extended CNBC interview-cum-PR campaign with Blythe Masters in April of 2012, just before the London Whale scandal broke, and one of her very rare media appearances, in which she made the following quite amusing, and factually wrong, in retrospect, statements:

Read moreJPMorgan May Be Parting Ways With Blythe Masters

Money Laundering Exposed As A Key Component Of The Housing Bubble’s “All Cash” Bid

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– Money Laundering Exposed As A Key Component Of The Housing Bubble’s “All Cash” Bid (ZeroHedge Sep 10, 2013):

In August 2012, when isolating one of the various reasons for the latest housing bubble, we suggested that a primary catalyst for the price surge in the ultra-luxury housing segment and the seemingly endless supply of “all cash” buyers (standing at an unprecedented 60% of all buyers lately as reported by Goldman) is a very simple one: crime. Or rather, the use of US real estate as a means to launder illegal offshore-procured money. We also identified the one key permissive feature which allowed this: the National Association of Realtors’ exemption from Anti-Money Laundering provisions. In other words, all a foreign oligarch – who may or may not have used chemical weapons in their past: all depends on how recently they took their picture with the Secretary of State – had to do to buy a $47 million Florida house, was to get the actual cash to the US. Well good thing there are private jets whose cargo is never checked.

This is how we framed the problem last August:

Read moreMoney Laundering Exposed As A Key Component Of The Housing Bubble’s “All Cash” Bid

In The History Of Science We’ve Never Seen Anything Like This – Why Is Japan Allowed To Get Away With Contaminating The Entire Pacific Ocean?

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– Radio: In the history of science we’ve never seen anything like this Fukushima plume heading across Pacific to U.S. and Canada — Why is Japan allowed to get away with contaminating ocean? (AUDIO) (ENENews, Sep 8, 2013):

CBC Radio’s ‘As It happens’, September 2, 2013 – Carol Off, Host at 6:15 in: Why is Japan allowed to get away with this? Why are there not other efforts from other countries involved here?

Full broadcast here

Interview with nuclear expert Arnie Gundersen, Radio Ecoshock at 18:15 in: We’ve got this wedge of [radioactive] water heading across the Pacific, and really in the history of science we’ve never seen anything like this. What I’ve been asking people on the West Coast to do is to contact their elected state representatives, or province representative, and get them to sample fish.

Full interview with Gundersen here

Related info:

– Simulation By German Marine Research Institute: ENTIRE Pacific Waters To Be Radioactive In Just 6 Years

And why is nothing done about Fukushima reactor No. 4 SFP by the international community????

– ‘The Greatest Threat Humanity Has Ever Faced’: Fukushima Reactor No. 4 SFP ‘An Immediate Problem’ – Building Is Sinking, Over 30 Inches In Places

– Fallout Researcher: Fukushima Worst Case Scenario Could Result In BILLIONS Of DEATHS

Flashback: Most Syrians Back President Assad, But You’d Never Know From Western Media (Guardian)

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– Most Syrians back President Assad, but you’d never know from western media (Guardian, Jan 17, 2012):

Suppose a respectable opinion poll found that most Syrians are in favour of Bashar al-Assad remaining as president, would that not be major news? Especially as the finding would go against the dominant narrative about the Syrian crisis, and the media considers the unexpected more newsworthy than the obvious.

Alas, not in every case. When coverage of an unfolding drama ceases to be fair and turns into a propaganda weapon, inconvenient facts get suppressed. So it is with the results of a recent YouGov Siraj poll on Syria commissioned by The Doha Debates, funded by the Qatar Foundation. Qatar’s royal family has taken one of the most hawkish lines against Assad – the emir has just called for Arab troops to intervene – so it was good that The Doha Debates published the poll on its website. The pity is that it was ignored by almost all media outlets in every western country whose government has called for Assad to go.

Read moreFlashback: Most Syrians Back President Assad, But You’d Never Know From Western Media (Guardian)

The Real Reason Why They Killed Muammar Gaddafi (Video)

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– The Real Reason They Killed Gaddafi


YouTube

(Thomas Dishaw) As United States imperialism continues to concur the globe and foreign leaders continue to get murdered by Government hit squads, it should surprise no one that the destruction of Libya was another globalists operation meant to destroy any piece of economic independence left in Northern Africa.

Don’t get me wrong, Muammar Gaddafi was a terrible, tyrannical leader in most respects, but when it came to economic independence and fiscal leadership, Libya was one of the few countries on the African continent that had any economic prosperity.  They also had a leadership that wasn’t deliberately  infused by the globalists to destabilize the region.

Above is a very eye-opening video that portrays a way of life in Libya most people never knew existed. Documentation to back up the videos claims are listed below:

Read moreThe Real Reason Why They Killed Muammar Gaddafi (Video)

8 Reasons Why The New World Order Hates Syria

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– Why the US, UK, EU & Israel hate Syria (RT, by political analyst Adrian Salbuchi, Sep 9, 2013):

A young, soft-spoken girl living the Syrian tragedy spells it out with far more common sense, truth and honesty than powerful Western governments and their money-controlled mass media puppets.

Identifying herself only as “Syrian, Patriot, anti-Neocon, anti-NWO, anti-Zionist”, early last year she set up her own YouTube Channel (YouTube/User/SyrianGirlpartisan).

In a short (nine-minute) video she explains “eight reasons why the NWO (New World Order) hates Syria.” We would all do well to listen in…

Her ‘Top Eight Reasons Why They Hate Us’ is an excellent wrap-up, applicable to just about every self-respecting country in the world: no Rothschild-controlled Central Bank, no IMF debt, no genetically modified foods, oil and pipelines, anti-secret societies, anti-Zionism, secularism and nationalism.

Read more8 Reasons Why The New World Order Hates Syria

Republican Offers To Vote For Syrian Strikes If Obama Returns Nobel Peace Prize

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– Republican Offers To Vote For Syrian Strikes If Obama Returns Nobel Peace Prize (ZeroHedge, Sep 10, 2013):

According to the latest whip count on Syria attack proposal in the House, 237 reps oppose a such a strike and 169 are undecided with just 27 are for. While this number guarantees that no vote will ever come to pass, and humiliate Obama, who if anything will revoke the punt to Congress from September 1 and unilaterally engage in strikes to appease assorted Saudi/Qatari interests, all that would take for the 27 Yay votes to become 28, would be for Obama to return the Nobel Peace Prize.

According to The Hill, a Republican lawmaker said he’ll vote to authorize military action against Syria if President Obama returns his Nobel Peace Prize. The line between reality and an alternative Onionesque universe is thin, but this is not a joke:

Freshman Tea Party Rep. Steve Stockman (R-Texas) suggested the swap in a press statement Tuesday ahead of the president’s primetime address to sell strikes to a skeptical public. Stockman said Obama must answer 11 questions to gain his support — including whether the president is willing to return his 2009 prize.

Asked if Obama would have to answer “yes” to get Stockman’s support, spokesman Donny Ferguson answered “indeed.”

Read moreRepublican Offers To Vote For Syrian Strikes If Obama Returns Nobel Peace Prize

Researchers Find Microbes In The Most Unlikely Of Places: Under The Antarctic Ice

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– Surprise microbes found in an Antarctic lake (Christian Science Monitor, Sep 10, 2013):

Researchers have reported finding life in the most unlikely of places: under the Antarctic ice.

Studying microbes in such extreme and closed-off environments could help scientists understand how life may thrive in the harshest places on Earth and potentially other planets.

Scientists with the British Antarctic Survey and other institutions drilled through the ice sheet to dig up clean sediment samples from the bottom of Lake Hodgson, which is on the Antarctic Peninsula and 305 feet (93 meters) deep.

Today the lake has a thin covering of just 10 to 13 feet (3 to 4 m) of ice, but thousands of years ago, it was entombed under more than 1,600 feet (500 m) of ice. The sediments the scientists studied were deposited when the lake was sealed under the thick ice.

Read moreResearchers Find Microbes In The Most Unlikely Of Places: Under The Antarctic Ice

Putin’s Condition On Syrian Chemical Weapons Plan: Renouncing The Use Of Force Against Syria

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– Putin Sets New Condition on Syrian Chemical Weapons Plan (Bloomberg, Sep 10, 2013):

Russian President Vladimir Putin set a condition that endangers the diplomatic initiative to eliminate Syria’s chemical weapons, saying it depends on the U.S. and other nations renouncing the use of force against Bashar al-Assad’s regime.

Putin’s remarks complicate the outlook for the Russian proposal a day after it was presented by Russian Foreign Minister Sergei Lavrov, who had seized on comments in London by U.S. Secretary of State John Kerry about the possibility of Syria turning over its chemical-weapons stockpile.

Read morePutin’s Condition On Syrian Chemical Weapons Plan: Renouncing The Use Of Force Against Syria

Syrian Rebels Plan Chemical Weapons Attack On Israel From Assad-Controlled Territories

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Israel will respond immediately  …

… and voila …

… here it is …

WW3

– Syrian rebels plan chem attack on Israel from Assad-controlled territories (RT. Sep 9/10, 2013):

A chemical attack may be launched on Israel by Syrian rebels from government-controlled territories as a “major provocation,” multiple sources told RT.

…

Related info:

– Syrian Children Kidnapped By Rebels Identified As Gas Victims By Obama Administration (Video)

– High-Level U.S. Intelligence Officers: Syrian Government Didn’t Launch Chemical Weapons

– Obama Lies, Syrians Die: What’s Wrong With This Picture? (Veterans Today)

– U.S. Veteran Intelligence Professionals Warn Obama On Syrian Intel

– Mother Agnes (A Catholic Nun Living In Syria For 20 Years): Footage Of Chemical Attack In Syria Is Fraud

China Urges The U.S. To Proceed With Extreme Caution And Return To The U.N. To Discuss Syria

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– China tells Washington to return to U.N. on Syria, urges caution (Reuters, Sep 9, 2013)

China urged the United States to proceed with extreme caution and return to the United Nations to discuss Syria after Washington said it was not seeking Security Council approval for action in response to a chemical weapons attack last month.

…

High-Level U.S. Intelligence Officers: Syrian Government Didn’t Launch Chemical Weapons

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– High-Level U.S. Intelligence Officers: Syrian Government Didn’t Launch Chemical Weapons (ZeroHedge, Sep 9, 2013):

Preface:   Without doubt, intelligence is being manipulated to justify war against Syria.  Here, here, here, here and here.Without doubt, the Syrian rebels had access to chemical weapons … and have apparently used them in the recent past.

Associated Press reported last week:

An intercept of Syrian military officials discussing the strike was among low-level staff, with no direct evidence tying the attack back to an Assad insider or even a senior Syrian commander, the officials said.

So while Secretary of State John Kerry said Monday that links between the attack and the Assad government are “undeniable,” U.S. intelligence officials are not so certain that the suspected chemical attack was carried out on Assad’s orders, or even completely sure it was carried out by government forces, the officials said.

***

Another possibility that officials would hope to rule out: that stocks had fallen out of the government’s control and were deployed by rebels in a callous and calculated attempt to draw the West into the war.

Reuters notes today:

Read moreHigh-Level U.S. Intelligence Officers: Syrian Government Didn’t Launch Chemical Weapons

Less Than 10% Of The House Support Obama: Congressional Support Update

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Call your senators & representatives and tell them:

Hands off Syria!

http://whoismyrepresentative.com/

Related info:

– Syrian Children Kidnapped By Rebels Identified As Gas Victims By Obama Administration (Video)

– Less Than 10% Of The House Support Obama: Congressional Support Update (ZeroHedge, Sep 9, 2013):

Less than 10% of the House publicly supports President Obama’s plan for a military strik on Syria.

As Bloomberg notes in this updated visual description of the hill he faces, at least 202 House members currently oppose military action.

Source: Bloomberg

 

US Refuses To Admit Checkmate By Russia And Syria, Redirects Purpose Of Military Incursion: Admits Regime Change Intention

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Related info:

– Syrian Children Kidnapped By Rebels Identified As Gas Victims By Obama Administration (Video)

– US Refuses To Admit Checkmate By Russia And Syria, Redirects Purpose Of Military Incursion: Admits Regime Change Intention (ZeroHedge, Sep 9, 2013):

Following up on this morning’s shocking “appeasement” turn of events by Russia and Syria, the White House has promptly fired back in the only way it knows: digging in deeper:

The comedy continues:

Yes – in Rwanda, Somalia and all those tens of other conflicts the US never got involved in because Qatari/Saudi petrodollar/gas interests were not involved.

With the mainstream media proclaiming last night’s Charlie Rose interview with Assad “propaganda”, the following headlines from a speech by national security advisors Susan Rice will frighten even the most “Miley Cyrus”-numb American:

  • RICE SAYS OPENING DOOR TO CHEMICAL WEAPONS THREATENS U.S.
  • RICE SAYS CHEMICAL WEAPONS COULD BE USED EVEN WITHIN THE U.S.
  • RICE SAYS U.S. ALLIES BECOME `TEMPTING TARGETS’ IF NO RESPONSE
  • RICE SAYS ASSAD ATTACK THREATENS GLOBAL SECURITY, U.S. INCLUDED

We can only imagine the ‘score’ underlying her words, which are getting scarier and louder with every verbal escalation…

  • RICE SAYS SYRIA UNLEASHED `HELLISH CHAOS’ IN CHEMICAL ATTACK

and an ominous Carmina Burana ‘drum beat’, crescendoing with:

  • RICE SAYS NOT RESPONDING MAY EMBOLDEN N KOREA, IRAN, TERRORISTS

So, it would appear, that a Syrian strike is no longer about preventing Assad from using weapons, as was the story until now, but deterring others from doing what Assad may or may not have done.

At the end of the day, the US will refuse to accept checkmate by being humiliated by grandmaster Putin in the world arena: it seems the decision is already made:

  • RICE SAYS U.S. WOULD LIKE UN BACKING BUT IT WON’T HAPPEN

And finally, here is the admission after all. As expected, the whole point of this entire frace was to topple Assad and replace him with a pro-Syria, pro-Qatar, anti-Russia regime:

And if we were Iran we would be worried. Very worried. A false flag in which Tehran attacks Israel is coming any second:

Saudis Sent Death-Row Inmates To Fight Syria (USA TODAY, Jan 21, 2013)

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See also:

– Syrian Children Kidnapped By Rebels Identified As Gas Victims By Obama Administration (Video)

– Report: Saudis sent death-row inmates to fight Syria (USA TODAY, Jan 21, 2013):

Saudi Arabia has sent death-row inmates from several nations to fight against the Syrian government in exchange for commuting their sentences, the Assyrian International News Agency reports.

Citing what it calls a “top secret memo” in April from the Ministry of Interior, AINA says the Saudi offered 1,239 inmates a pardon and a monthly stipend for their families, which were were allowed to stay in the Sunni Arab kingdom. Syrian President Bashar Assad is an Alawite, a minority Shiite sect.

According to an English translation of the memo, besides Saudis, the prisoners included Afghans, Egyptians, Iraqis, Jordanians, Kuwaitis, Pakistanis, Palestinians, Somalis, Sudanese, Syrians and Yemenis. All faced “execution by sword” for murder, rape or drug smuggling.

Russia, which has backed Assad, objected to the bargain and allegedly threatened to bring the issue to the United Nations, said an unidentified former Iraqi member of Parliament who confirmed the memo’s authenticity, says AINA, an independent outlet.

Read moreSaudis Sent Death-Row Inmates To Fight Syria (USA TODAY, Jan 21, 2013)

Brilliant Parody Website Of The NSA: ‘The Domestic Surveillance Directorate’

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– Introducing a Brilliant Parody Website of the NSA (Liberty, Blitzkrieg, Sep 9, 2013):

This parody site of the NSA came across my Twitter feed today and I was very impressed with what I saw. At first, I expected it to just present me with a ton of laughs like a mainstream media article or The Onion might, but I quickly realized that much of the information on this site is accurate and may actually represent a great resource.

Simply click on the picture of the homepage below to be redirected to the site.

Enjoy!