– Japanese Pension Funds With $3.4 Trillion In Assets Seek Safety In Gold (ZeroHedge, Dec 18, 2012)
Infinite
Russia Sends Two Squadrons Of Ships To Syria
– Russia Sends Two Squadrons Of Ships To Syria (ZeroHedge, Dec 18, 2012):
Several days ago, various media outlets misinterpreted a statement out of Russia, in which it was said that Assad may be defeated by the local Al Qaeda-funded and US-supported rebels, and which many took as an indication that the geopolitics in the Middle East may be shifting as Russian support of Syria was ending. Turns out nothing could be further from the truth, and moments ago the AP reports that a “Russian navy squadron has set off for the Mediterranean” with destination Syria. The official point of the exercise: evacuation. The unofficial: anything but. “The Defense Ministry said Tuesday that the ships will rotate with those that have been in the area since November. Russian diplomats said last week that Moscow is preparing plans to evacuate thousands of Russians from Syria if necessary. The ministry did not say whether the navy ships are intended for an evacuation.” Remember that “evacuation” was the pretext when Russia also sent the Grand Missile Cruiser Moskva off the Gaza coast last month at the height of the latest escalation of the Israel-Gaza conflict. The pretext then? “Evacuation” too. Why anyone would send their Black Sea Navy flag ship to ‘evacuate’ a few hundred citizens, all of whom are perfectly proficient with instructions on how to board a plane, is of course, anyone guess.
Alternatively, why Russia would go ahead and do everything to defend its strategic Syria naval base in Tartus, and a regime it has been very sympathetic to in the past, is pretty clear to everyone, especially now that the US and NATO are openly supplying Syria’s northern neighbor Turkey with missiles: for now defensive, or so the media spin goes.
Jim Cramer’s TheStreet.com Charged With Accounting Fraud
– Cramer’s TheStreet.com Charged With Accounting Fraud (ZeroHedge, Dec 18, 2012):
Over two years ago, while scouring through TheStreet.com’s filing we stumbled upon something interesting: “As a result of the need for the Company and its independent registered public accounting firm to focus attention on matters related to the Company’s previously-announced review of the accounting in its former Promotions.com subsidiary, which subsidiary the Company sold in December 2009 — including matters related to the preparation and filing by the Company in February 2010 of a Form 10-K/A for the year ended December 31, 2008, a Form 10-Q/A for the quarter ended March 31, 2009 and Forms 10-Q for the quarters ended June 30, 2009 and September 30, 2009, respectively, and matters related to an investigation commenced by Securities and Exchange Commission in March 2010 — the Company requires additional time to prepare its financial statements, assess its internal controls and file its Form 10-K for the year ended December 31, 2009 (“2009 Form 10-K”).” Oops. We can’t wait to see how Mr. Cramer will explain to the Mad Money faithful this particular twist on the hangover of the show’s five year birthday bash. Also, we wonder if CNBC will finally cancel the ludicrous Jim “truth” Cramer campaign once this news breaks. We doubt it- in the quest for evaporating eyeballs, all is fair.” This was in April 2010. Today, we got resolution on the matter, as the SEC finally has put the matter to close.
Read moreJim Cramer’s TheStreet.com Charged With Accounting Fraud
The Fiscal Cliff Is A Diversion: The Derivatives Tsunami And The Dollar Bubble
Paul Craig Roberts was Assistant Secretary of the Treasury during President Reagan’s first term. He was Associate Editor of the Wall Street Journal. He has held numerous academic appointments, including the William E. Simon Chair, Center for Strategic and International Studies, Georgetown University, and Senior Research Fellow, Hoover Institution, Stanford University.
Dr. Paul Craig Roberts
– The Fiscal Cliff Is A Diversion: The Derivatives Tsunami and the Dollar Bubble (Paul Craig Roberts, Dec 17, 2012):
The “fiscal cliff” is another hoax designed to shift the attention of policymakers, the media, and the attentive public, if any, from huge problems to small ones.
The fiscal cliff is automatic spending cuts and tax increases in order to reduce the deficit by an insignificant amount over ten years if Congress takes no action itself to cut spending and to raise taxes. In other words, the “fiscal cliff” is going to happen either way.
The problem from the standpoint of conventional economics with the fiscal cliff is that it amounts to a double-barrel dose of austerity delivered to a faltering and recessionary economy. Ever since John Maynard Keynes, most economists have understood that austerity is not the answer to recession or depression.
Regardless, the fiscal cliff is about small numbers compared to the Derivatives Tsunami or to bond market and dollar market bubbles.
Read moreThe Fiscal Cliff Is A Diversion: The Derivatives Tsunami And The Dollar Bubble
Chart Of The Day: The Death Of America’s Middle Class
– Chart Of The Day: The Death Of America’s Middle Class (ZeroHedge, Dec 18, 2012):
There is only chart that everyone should see that is part of Reuters’ must read special series: The Unequal State of America: Redistributing Up – it is the chart we have said over the past 4 years is the only one that matters for America – that showing the flattening of America’s wealth distributon Gaussian curve, aka the plunder and accelerating destruction of America’s middle class, at the expense of the poorest and the wealthiest. This is nothing but the inevitable outcome of a co-opted, conflicted and controlled marionette government, which does the bidding of the wealthiest lobby powers (read corporate shareholders and Wall Street), partitioning the bulk of the wealth to the richest, while sending the scraps to the poorest in order to keep itself in power due to the power of the ever poorer, democratic majority. Alas, since there is never a free lunch, and since the Fed does not create wealth but through its currency debasement merely accelerates the transfer of wealth, someone ends up footing the bill? Who? None other than that part of the US population which made the United States of America the greatest country in the world, and is now watching it implode first slowly, then fast.The chart in question:
How does Reuters frame this ever so critical topic that only impairs the ever more disenfranchised, ever declining middle class, and thus few actually bother discussing:
In the town that launched the War on Poverty 48 years ago, the poor are getting poorer despite the government’s help. And the rich are getting richer because of it.
The top 5 percent of households in Washington, D.C., made more than $500,000 on average last year, while the bottom 20 percent earned less than $9,500 – a ratio of 54 to 1.
That gap is up from 39 to 1 two decades ago. It’s wider than in any of the 50 states and all but two major cities. This at a time when income inequality in the United States as a whole has risen to levels last seen in the years before the Great Depression.
Read moreChart Of The Day: The Death Of America’s Middle Class
U.S. Secret Service Bans Certain Gold And Silver Coins On eBay (Forbes)
– U.S. Secret Service Bans Certain Gold and Silver Coins On eBay (Forbes, Dec 15, 2012):
eBay was contacted by the U.S. Secret Service sometime last month to remove the Liberty Dollar precious metal coins. Citing consistency with eBay’s general policy of not listing counterfeit items, eBay spokesperson Ryan Moore confirmed the ban with Coin World. The following email was sent to affected sellers when the systematic removals began:
The United States Secret Service has requested the removal of all Norfed Liberty dollars on the eBay site as counterfeits. … Please do not relist this item(s). We appreciate that you chose to list this coin on our site and understand there was no ill intent on your part. Your listing fees have been credited to your account.
Real is fake and fake is real. That’s pretty much the monetary world that we live in now as we are coerced to trade and pay taxes in the designated and one ‘legitimate’ State currency. Certainly, the U.S. Secret Service wouldn’t want anyone purchasing pure (.999 fine) gold and silver medallions mistakenly thinking that they might be getting official and real money issued under the authority of the United States.
Read moreU.S. Secret Service Bans Certain Gold And Silver Coins On eBay (Forbes)
Texas Cop Hands Out Ticket … And $100 Bill (Video)
– Texas cop hands out ticket—and $100 bill (Yahoo News, Dec 17, 2012):
Normally, being stopped by a police officer is not good news. But this traffic stop was not exactly typical.
When Hayden Carlo was pulled over by a Plano, Texas, cop for driving a car with an expired registration, he told the officer the truth.
“I said there’s no explanation for why I haven’t done it, except I don’t have the money. It was either feed my kids or get this registration done,” the 25-year-old told CBS News.
The cop handed Carlo a ticket, along with something extra, “I opened it up and there’s a $100 bill,” said Carlo. “I broke down in my car, what else could I do?”
2 Kansas Officers Fatally Shot Outside Market
– 2 Kansas officers fatally shot outside market (Guardian, Dec 17, 2012):
Two Kansas police officers were fatally shot outside a grocery store Sunday while responding to a report of a suspicious vehicle, authorities said.Topeka Police Chief Ronald Miller called the shootings of Cpl. David Gogian and Officer Jeff Atherly “unspeakable.” He said both Gogian, 50, and Atherly, 29, were shot in the head by a gunman who opened fire on them within minutes of their arrival to investigate the vehicle.
“It’s clearly beyond words. It’s unspeakable almost about why this happens and why this is happening in America at this stage in our history,” Miller said.
US: 16,808,538 Gun Applications In 2012 So Far To The End Of November
– How many guns are sold in the US? (Guardian, Dec 17, 2012):
If you want to find out exactly how many guns are sold in the US each year, then the figures are not recorded.
However, if you want to know how many applications there are to buy guns each year, then the latest data from the FBI shows that 2012 looks like a bumper year for gun sales in America.
In the wake of the Newtown shooting in Connecticut, there is a renewed focus on gun control in the US. And, under US law, the National Instant Criminal Background Check System is used to check if someone can buy a gun from a federal registered dealer before they can walk out of the shop with it.
Before ringing up the sale, cashiers call in a check to the FBI or to other designated agencies to ensure that each customer does not have a criminal record or isn’t otherwise ineligible to make a purchase.
The figures show that there have been 16,808,538 applications in 2012 so far to the end of November. If they were approved, that would be enough weapons to stock member of Nato‘s armed forces nearly five times over. The system has received 156,577,260 applications since 1998 and the US has the highest gun ownership rate in the world.
…
If you want to find out exactly how many guns are sold in the US each year, then the figures are not recorded.
However, if you want to know how many applications there are to buy guns each year, then the latest data from the FBI shows that 2012 looks like a bumper year for gun sales in America.
In the wake of the Newtown shooting in Connecticut, there is a renewed focus on gun control in the US. And, under US law, the National Instant Criminal Background Check System is used to check if someone can buy a gun from a federal registered dealer before they can walk out of the shop with it.
Before ringing up the sale, cashiers call in a check to the FBI or to other designated agencies to ensure that each customer does not have a criminal record or isn’t otherwise ineligible to make a purchase.
The figures show that there have been 16,808,538 applications in 2012 so far to the end of November. If they were approved, that would be enough weapons to stock member of Nato‘s armed forces nearly five times over. The system has received 156,577,260 applications since 1998 and the US has the highest gun ownership rate in the world.
Radioactive Fukushima Rice Mandatory In Japan School Lunches! This is GENOCIDE!!!
When will you start to DEFEND your children, parents of Japan, against your beyond criminal government?
You should know one or two things about self-defense in Japan, shouldn’t you?
– “Shocking”: Officials make it mandatory to use Fukushima rice in school lunches (ENENews, Dec 17, 2012)
Leaked Confidential Document Exposes 36 Infants Dead After Vaccine
– Announcing Vaccine Bombshell: Leaked Confidential Document Exposes 36 Infants Dead After This Vaccine (Activist Post, Dec 17, 2012):
A confidential GlaxoSmithKline document recently leaked to the press exposed that within a two-year period, a total of 36 infants died after receiving the 6-in-1 vaccine, Infanrix Hexa. [1] According to the website Initiative Citoyenne [2] who reported the news, the 1271 page document revealed that GlaxoSmithKline received a total of 1,742 reports of adverse reactions between October 23, 2009, and October 22, 2011, including 503 serious adverse reactions and 36 deaths. Initiative Citoyenne stated:
It’s not that 14 deaths were recorded by GSK between October 2009 and end in October 2011 as we had originally calculated but 36 (14 from 2010 to 2011 and 22 from 2009 to 2010). In addition to these 36 deaths at least 37 other deaths (sudden death mainly), bringing the total to at least 73 deaths since the launch of the vaccine in 2000, and again, this concerns only the death by sudden death, no further recovery of under-reporting.
Using the figure of 36 deaths over a two-year period, this averages 1.5 deaths per month, which by anyone’s standard is extremely high. Note that only 1 to 10% of adverse reactions to vaccines are actually reported. Therefore, in reality, the problem could potentially be far more serious and the actual number of fatalities much higher.
THE DEADLY CHEMICAL COCKTAIL
Read moreLeaked Confidential Document Exposes 36 Infants Dead After Vaccine
Three Armed Women Teachers Shot Adam Lanza In A Classroom
Related info:
– The Libor Scandal Link: Fathers Of Shooters Adam Lanza & James Holmes Were To Testify
– China Calls For ‘No Delay’ On Gun Controls in U.S. (New York Times)
– Obama Signals He Will Push For Gun Control After Connecticut Massacre
See also:
– Britain: ‘Gun Ban Caused 40% Jump In Gun Crime’ (Video)
– Here Is What Happened When Guns Were Taken From Australians (Video)
– Why Switzerland Has The Lowest Crime Rate In The World (Video)
Don’t miss:
– The TRUE SOURCE of RANDOM & MASS SHOOTINGS and VIOLENCE (Video)
– Three armed women teachers shot Adam Lanza in a classroom (Jon Rappoport’s Blog, Dec 17, 2012):
When everybody is diagnosed with a mental disorder, gun permits will be a thing of the past.
Take that seriously.
At a presidential debate, Obama was asked about achieving gun control. He said, “Enforce the laws we’ve already got. Make sure we are keeping the guns out of the hands of criminals…[and] those who are mentally ill.”
http://psychcentral.com/blog/archives/2012/10/17/keeping-guns-out-of-the-hands-of-the-mentally-ill/
In case you’ve been sleeping in a cave for the past few years, the US government is doing everything it can to create more categories of crimes, and the psychiatrists are expanding the list of (fictional but enforceable) mental disorders, as they also relentlessly promote “more diagnosis and treatment.”
Read moreThree Armed Women Teachers Shot Adam Lanza In A Classroom
Charting US Debt And Deficit Since Inception
– Charting US Debt And Deficit Since Inception (ZeroHedge, Dec 17, 2012):
In the recent aftermath of the US just concluding its fourth consecutive fiscal year with a $1 trillion+ deficit, we have been flooded with requests to show how the current fiscal situation stacks up in a big picture context. Very big picture context. For all those requests, we present the following chart showing total US Federal debt/GDP as well as Deficit/(Surplus)/GDP since inception, or in this case as close as feasible, or 1792, which appears to be the first recorded year of historical fiscal data. We can see why readers have been so eager to see the “real big picture” – the chart is nothing short of stunning.
Some observations:
- Beginning with the Anglo-American war of 1812, and continuing through the US civil war, World War I and World War II, the major military shocks to the US fiscal system are clearly obvious.
22 Stats That Prove That There Is Something Seriously Wrong With Young Men In America
FYI.
– 22 Stats That Prove That There Is Something Seriously Wrong With Young Men In America (Economic Collapse, Dec 17, 2012):
When are we finally going to admit that we have a very serious problem with this generation of young men in America? We have failed them so dramatically that it is hard to put it into words. We have raised an entire generation of young males that don’t know how to be men, and many of them feel completely lost. Sometimes they feel so lost that they “snap” in very destructive ways. Adam Lanza and James Holmes are two names that come to mind. Why is it that mass murderers are almost always young men? Why don’t young women behave the same way? Sadly, Adam Lanza and James Holmes are just the tip of the iceberg of a much larger problem in our society. Our young women vastly outperform our young men in almost every important statistical category. Young men are much more likely to perform poorly in school, they are much more likely to have disciplinary problems and they are much more likely to commit suicide. In the old days, our young men would gather in the streets or in the parks to play with one another after school, but today most of them are content to spend countless hours feeding their addictions to video games, movies and other forms of entertainment. When our young men grow up, many of them are extremely averse to taking on responsibility. They want to have lots of sex, but they aren’t interested in marriage. They enjoy the comforts of living at home, but they don’t want to go out and pursue career goals so that they can provide those things for themselves. Our young men are supposed to be “the leaders of tomorrow”, but instead many of them are a major burden on society. When are we finally going to admit that something has gone horribly wrong?
Read more22 Stats That Prove That There Is Something Seriously Wrong With Young Men In America
10 Reasons To Try A Juice Cleanse
In November & December Infinite Unknown readers bought a Hurom Juicer.
Thank you for your support!
– The Hurom Juicer Is The Best Juicer Out There … And Easily Beats The Green Star Juicer (Video)
For readers in Germany:
– Jupiter ‘Juicepresso’ Entsafter – Jupiter ‘Juicepresso’ Juicer
DON’T MISS:
– 10 reasons to try a juice cleanse (Natural News, Dec 17, 2012):
Juicing is an essential part of creating health. Whether done as part of a fast or routinely within your weekly food consumption, it may provide more cleansing and nutrients than heavy supplement dosing. And it’s cheaper.
All that’s required is a good juicer and knowing what vegetables and fruits to use. The latter comes with practice and research. This article will help begin that research. But the juicer part is easy.
Rick Santelli And Peter Schiff On Bernanke’s ‘Roach Motel Of Monetary Policy’ (Video)
– Santelli And Schiff On Bernanke’s “Roach Motel Of Monetary Policy” (ZeroHedge, Dec 17, 2012):
From the government-induced structural unemployment malaise to the implosion of our entire ‘artificial economy’, Peter Schiff and Rick Santelli explore the dark side of monetary policy in this brief clip. On the Fed’s new policy and potential exit strategy, Schiff notes that “the Fed is constructing goalposts so it never actually hits them; the Fed is never going to tighten.” While Santelli tends to agree with Schiff on the eventual collapse of the USD under this never-ending Fed easing scenario, he notes that getting a fix on that USD weakness is hard given everyone is racing to debase. Schiff notes, oil prices, gold prices, food inflation, and real assets all send the signal that Bernanke chooses to ignore and on the topic of ‘monetization’ which Bernanke seemed so ‘put off’ by during the press conference last week, Sch-antelli both seemingly (obviously) conclude that the mere mention of an exit at some point in the future by the great and powerful Oz does not preclude the fact that 90% of current Treasury issuance ends up on the Fed’s books… leaving the fact that selling any of this “would make 2008 look like a Sunday picnic.”
36 UBS Bankers To Be Implicated In Liborgate, Criminal Charges To Be Filed
– 36 UBS Bankers To Be Implicated In Liborgate, Criminal Charges To Be Filed (ZeroHedge, Dec 17, 2012):
As the fallout of Liborgate escalates, the next big bank to be impacted in the fallout started by Barclays civil settlement “revelation” is set to be troubled UBS, already some 10,000 bankers lighter, where as many as three dozen bankers are reported by the implicated in the fixing of the rate that until 2009 was the most important for hundreds of trillions in variable rate fixed income products. Only instead of attacking the US or even European jurisdiction, where the next big settlement is set to hit is Japan: a country whose regulators as recently as half a year ago promised there were no major issues with Libor, or Tibor as it is locally known, rate fixings. And while this most recent development will have little material impact on UBS’ ongoing business model, the one difference from previous settlements is that it will likely include criminal charges lobbed against some of the 36 bankers.
From the FT: “UBS is close to finalising a deal with UK, US and Swiss authorities in which the bank will pay close to $1.5bn and its Japanese securities subsidiary will plead guilty to a US criminal offence. Terms of the guilty plea were still being negotiated, one person familiar with the matter said on Monday, adding that the bank will not lose its ability to conduct business in Japan. The pact between the bank and the US Commodity Futures Trading Commission, US Department of Justice, UK’s Financial Services Authority and UBS’s main Swiss supervisor Finma is expected to be announced on Wednesday, although last minute negotiations continue.”
More:
Read more36 UBS Bankers To Be Implicated In Liborgate, Criminal Charges To Be Filed
25 Studies Prove That Fluoride Reduces Your IQ
– 25 Studies Prove This Reduces Your IQ (Dr. Mercola, Dec 3, 2011)
Why They Call Him ‘Agent’ Cameron (Veterans Today)
Britain’s prime minister David Cameron has again shown why he should stand down from British politics.
– Why they call him ‘Agent’ Cameron (Veterans Today, Dec 17, 2012):
In a speech to Conservative Friends of Israel at a lunch the other day he said – and not for the first time – things that are deeply disturbing to people who expect him to put British interests first. He again compromised himself and this country with ridiculous pledges of support for a foreign military power whose behaviour is beyond the Pale and an affront to human decency. Here are some of his remarks…
“I am a passionate friend of Israel – and that’s the way it’s going to stay.”
In that case you shouldn’t be in British politics, Mr Cameron. You have fallen foul of the Seven Principle of Public Life, especially the principle of ‘Integrity’ which says quite simply: “Holders of public office should not place themselves under any financial or other obligation to outside individuals or organisations that might seek to influence them in the performance of their official duties.”
“We promised to stand up for Israel and in Government that’s exactly what we’ve done. We said it was ridiculous that Israeli officials felt unable to visit Britain because of the malicious and unfounded use of arrest warrants so we changed the law to end it.”
Unfounded? Tzipi Livni, for example, was responsible for launching the pre-meditated blitzkrieg four years ago which caused the deaths of 1,400 defenceless Gazans (including 320 children and 109 women), horribly maimed thousands more and caused immense devastation to essential infrastructure and services. She showed no remorse. Livni’s office issued a statement saying she was proud of Operation Cast Lead, and speaking later at a conference at Tel Aviv’s Institute for Security Studies, she said: “I would today take the same decisions.”
Gandhi Advocated The Right To Bear Arms; Use Of ‘Violence’ To Defend Innocents Against Bullying, Oppression
– Gandhi advocated the right to bear arms; use of ‘violence’ to defend innocents against bullying, oppression (Natural News, Dec 17, 2012):
Gandhi is known around the world as the master of “nonviolence.” And yet, in the face of being threatened with bullying attacks, even Gandhi directly advocated the use of violence in the defense of the innocent. Had Gandhi been alive today and witnessed the senseless loss of life at Sandy Hook Elementary school, he would have advocated arming the principal and giving her a chance to protect innocent lives through the use of defensive violent action.
Don’t believe me? Read his own words…
“I do believe that where there is only a choice between cowardice and violence I would advise violence,” Gandhi wrote in his famous work, Doctrine of the Sword.
He continues:
…When my eldest son asked me what he should have done, had he been present when I was almost fatally assaulted in 1908, whether he should have run away and seen me killed or whether he should have used his physical force which he could and wanted to use, and defended me, I told him that it was his duty to defend me even by using violence.
Gandhi advocated “training in arms” to defend liberty
The Libor Scandal Link: Fathers Of Shooters Adam Lanza & James Holmes Were To Testify
FYI.
In other news:
– Mass Shootings Connected To Libor Scandal – THIS IS A HOAX STORY (Max Keiser)
– Unconstitutional – Gun Grab Scares Sheriff Richard Mack & Founder Of Oath Keepers Stewart Rhodes (Video)
– Newtown Conspiracy Hoax Spreads Fast Across Fringe (TPMDC):
“This rumor is 100% false,” a Senate Banking Committee aide, who asked not to be named, told TPM by email. “The Senate Banking Committee does not have any LIBOR hearings currently scheduled, and has never considered either of these men as potential witnesses.”
– Libor scandal grows as the fathers of two mass murderers were to testify (Examiner, Dec 16, 2012):
In the wake of the mass murders that took place in Newtown, Connecticut on Dec. 14, information on the shooter, and his family, is slowly being discovered by law enforcement other sources. One interesting connection to the tragedy that took place at the Sandy Hook school is that the father of Adam Lanza has a connection to the theater shootings that took place in Aurora earlier this year by James Holmes.
Both fathers of the shooters were allegedly expected to testify in the Libor scandal that rocked the banking world in June.
The father of Newtown Connecticut school shooter Adam Lanza is Peter Lanza who is a VP and Tax Director at GE Financial. The father of Aurora Colorado movie theater shooter James Holmes is Robert Holmes, the lead scientist for the credit score company FICO. Both men were to testify before the US Sentate in the ongoing LIBOR scandal. The London Interbank Offered Rate, known as Libor, is the average interest rate at which banks can borrow from each ot
Ladies and gentlemen, we have a motive and a link. This coincidence is impossible to overlook. Two mass shootings connected to LIBOR. – Fabain4Liberty via Before it’s News
Read moreThe Libor Scandal Link: Fathers Of Shooters Adam Lanza & James Holmes Were To Testify