Global News

It Has Begun! UN Building a World Army to Usher in NWO and Disarm Citizens Everywhere! High Treason is Being Committed Right Under Our Noses!!

by

FYI.

– It Has Begun! UN Building a World Army to Usher in NWO and Disarm Citizens Everywhere! High Treason is Being Committed Right Under Our Noses!! (Before It’s News, July 15, 2014):

The United Nations has set the world on fire! They are building an army of soldiers ready to disarm citizens at the verbal command of their leader. Their goal is to take over the world and implement their tyrannical rule and it is only a matter of time before it happens. They are recruiting soldiers from countries all across the globe and are building up their military arsenal; from MRAPS to machine guns. If you are still a skeptic on the New World Order, you won’t be after this….

…

The Marginal ‘Benefit’ Of A Terminated Microsoft Employee: $1.5 Million

by

– The Marginal “Benefit” Of A Terminated Microsoft Employee: $1.5 Million (ZeroHedge, July 17, 2014):

Since the advance reports of layoffs at Microsoft started circulating this Sunday, the giant tech company has surged over 8%. This has raised the market cap of the behemoth by almost $28 Billion. Today we get the ‘news’ that Microsoft was laying off a record 18,000 employees (more than tripled the 2009 dump of 5,900 employees).That means – for all activist investors out there looking to raise MSFT share price – a $1.5 million market cap boost for each scalp, which, in other words, is the marginal “value added” of every currently employed Microsoft worker.

20140717_MSFT

 

The Largest Landfill On Earth: The ‘Great Pacific Garbage Patch’

by

Flashback:

– Drowning in plastic: The Great Pacific Garbage Patch is twice the size of France

– Debris From Japanese Tsunami Headed For Pacific ‘Garbage Patch’

– Scientists Map North Atlantic Garbage Patch For The First Time

– The Pacific Ocean Is Now “The Great Pacific Garbage Patch”

– The Largest Landfill On Earth: Plastic Garbage In The Oceans? (OilPrice, July 15, 2014):

Think about the last time you got takeout or ate at a fast food restaurant. Or the last time you bought a pre-packaged food item from a store, or drank a bottle of water or soda. Chances are, plastic was involved in all those items — plastic that will still be around up to 1,000 years from now.

Americans throw away over 30 million tons of plastic every year, of which only about 25 percent is recycled. The rest goes to landfills. Unfortunately, the largest “landfill” on Earth is actually in the North Pacific Ocean.

The “Great Pacific Garbage Patch” is estimated to be anywhere from 3,100 square miles to twice the size of Texas.

Read moreThe Largest Landfill On Earth: The ‘Great Pacific Garbage Patch’

Second Chinese Bond Default On Deck … Why A Deluge Of Defaults Is Inevitable, Whether Beijing Likes It Or Not

by

From the article:

“Actually, the main reason why a deluge of defaults is inevitable, whether Beijing likes it or not, is that as we will report shortly, far from enaging in any deleveraging or “tapering” of credit injections, in the first quarter, Chinese banks saw the biggest increase in their assets in history! And since the bulk of these are in the form of loans going to already insolvent and materially impaired business, all China is doing now is throwing trillions in good money after bad. Which also means that in deciding to delay the Minsky unwind if only by a few months, China has just assured that when the collapse finally comes, it will be that much more acute.”

–  Second Chinese Bond Default On Deck (ZeroHedge, July 17, 2014):

It seems like it was only yesterday when the first official Chinese corporate default in history (there have been many other ones in the past but all were quickly masked by the government to avoid a panic), Chaori Solar, entered the history books. Now it’s time for default number in the country’s onshore bond market as Huatong Road & Bridge Group, a company whose businesses includ bridge and highway construction, real estate, coal, eco-friendly construction materials and agriculture-related projects, based in the northern province of Shanxi, said it may miss a 400 million yuan ($64.5 million) note payment due July 23, according to a statement to the Shanghai Clearing House yesterday.

Read moreSecond Chinese Bond Default On Deck … Why A Deluge Of Defaults Is Inevitable, Whether Beijing Likes It Or Not

Mega Police Op: 660 Arrested In UK’s Biggest Anti-Child Abuse Raid

by

– Mega Police Op: 660 arrested in UK’s biggest anti-child abuse raid (RT, July 16, 2014):

British police have arrested 660 people in a massive six-month operation against accessing child abuse images online, the National Crime Agency (NCA) has revealed.

The operation saw 45 police forces involved, 833 properties searched and nearly 10,000 computer hard drives examined.

Teachers, doctors and social care workers were among those arrested, on charges ranging from possessing indecent images of children to serious sexual assault.

Read moreMega Police Op: 660 Arrested In UK’s Biggest Anti-Child Abuse Raid

Israeli Military ‘Denies Targeting Children’ Slammed For ‘Not Having The Courage To Talk To Hamas’

by

– Israeli Military “Denies Targeting Children” Slammed For “Not Having The Courage To Talk To Hamas” (ZeroHedge, July 16, 2014):

In one of the most uncomfortable (and must-see) interviews, UK Channel 4’s John Snow ‘discusses’ Israel’s bombing raids and policies towards Hamas with Israeli government spokesman Mark Regev. The interview starts with a punch, “How does killing children on a beach contribute to your purpose of protecting Israeli civilians?” Regev ducks and weaves from question to question, flummoxed when Snow jabs, “if you couldn’t tell these were 4 young Palestinian children playing football on a Gaza beach, you need better equipment,” only to be slammed towards the end with, “why not be brave and talk directly to Hamas? You haven’t got the courage.” Not the kind of interview one is likely to see on US TV.

The 4 children hit by Israeli shells while playing on the beach

The aftermath…

And the rather stunning interview…

Putin Says ‘Ukraine Responsible For Crash … Wouldn’t Happen If At Peace’

by

– Putin Says “Ukraine Responsible For Crash… Wouldn’t Happen If At Peace” (ZeroHedge, July 17, 2014):

According to Russian news agency Interfax, Vladimir Putin remarked during a government meeting today that:

  • *PUTIN SAYS UKRAINE IS RESPONSIBLE FOR MALAYSIA JET CRASH: IFX
  • *MALAYSIA CRASH WOULDN’T HAPPEN IF UKRAINE WAS AT PEACE: IFX

But ordered Russia’s government to all it can to investigate the crash.

Via The Kremlin,

Read morePutin Says ‘Ukraine Responsible For Crash … Wouldn’t Happen If At Peace’

US Intelligence Confirms Malaysian Jet Brought Down By Surface-To-Air Missile

by

–  US Intelligence Confirms Malaysian Jet Brought Down By Surface-To-Air Missile (ZeroHedge, July 17, 2014):

Details are starting to come together. The WSJ reports that US Intelligence detected a surface missile launch and tracked the explosion of the plane.

  • *U.S. INTELLIGENCE SAYS SURFACE-TO-AIR MISSILE FIRED PLANE: WSJ

However, Intelligence Community Divided Over Whether Missile From Russia or E. Ukraine.

As WSJ earlier noted,

Read moreUS Intelligence Confirms Malaysian Jet Brought Down By Surface-To-Air Missile

And Now The White House Is On Lockdown

by

– And Now The White House Is On Lockdown (ZeroHedge, July 17, 2014):

A day that couldn’t get any more bizarre, just did.

  • WHITE HOUSE PLACED ON LOCKDOWN, ABC NEWS TWEETS

Why, was Obama trying to run away?

* * *

Update: It’s all good, Obama is not running away:

  • WHITE HOUSE LOCKDOWN FOR ’UNATTENDED PACKAGE’: FLY CITES ABC

Obama And Putin Speak, Mention Plane Crash; Obama Threatens With More Sanctions

by

As I’ve said before (EU Gives Russia Three Days to De-Escalate Ukraine Crisis, Threatens Sanctions):

It’s Ukraine vs East Ukraine, but Russia is now told to solve the problem the U.S. and the EU have created in the first place?

– Obama And Putin Speak, Mention Plane Crash; Obama Threatens With More Sanctions (ZeroHedge, July 17, 2014):

While the world was riveted by the latest Malaysian Airlines tragedy, Obama and Putin spoke. According to Reuters, Obama warned Russian President Vladimir Putin on Thursday that the United States and its allies are prepared to impose additional sanctions on Moscow if it does not change course in Ukraine.

More:

The blunt warning came during a phone call on Thursday.

Read moreObama And Putin Speak, Mention Plane Crash; Obama Threatens With More Sanctions

Veterans Today: 777 Shot Down Over Ukraine – Unconfirmed: Malaysian Plane Mistaken For Putin’s Private Jet Which Had Fflown Over The Area Only Moments Before

by

– 777 Shot Down Over Ukraine (Veterans Today, July 17, 2014):

Unconfirmed: Malaysian plane mistaken for Putin’s private jet which had flown over the area only moments before, leaving Israel and the Kiev junta as prime suspects. This may well have been an assassination attempt on Putin.

…

Baroness Forced To Step Down In UK Pedophile Investigation

by

– Baroness forced to step down in UK Pedophile Investigation (RT, July 14, 2014):

Saying she was “not the right person” for the job, Baroness Butler-Sloss has stepped down as head of the UK government’s inquiry that looks into reports of at least 20 senior figures including MPs and cabinet ministers abusing children over decades.

Butler-Sloss, 80, had been under pressure to quit by both MPs and victims due to her family links. Sir Michael Havers, who is the Baroness’ late brother, served as attorney general in the 1980’s, and is suspected of turning a blind eye to incidents of child abuse conducted by politicians during the time.

Read moreBaroness Forced To Step Down In UK Pedophile Investigation

Malaysian Airlines Boeing 777 Shot Down Over Ukraine, … Had 280 Passengers On Board

by

Update:

– Here Is The Real-Time Flight Path Of The Shot Down Malaysian Airlines Flight MH 17

– Malaysian Airlines Boeing 777 Reportedly Shot Down Over Ukraine (ZeroHedge, July 17, 2014):

Update: so yes, it was shot down according to flashing headlines.

Russia Denies Downing Ukraine Warplane, Accuses Ukraine Of Ethnic Cleansing, Says ‘Does Not Want War’

by

– Russia Denies Downing Ukraine Warplane, Accuses Ukraine Of Ethnic Cleansing, Says “Does Not Want War” (ZeroHedge, July 17, 2014):

We were wondering how long it would take Russia to officially deny Ukraine’s latest propaganda that it had shot down a Ukraine Su-25 fighter jet. The answer: just about 4 hours since the story was first “reported” by Ukraine media, give or take. As reported moments ago via RIA, Russia’s Defence Ministry denied on Thursday it had shot down a Ukrainian airplane and called the accusation by Kiev “absurd.” “It is absurd, just like all the previous accusations from Kiev’s leadership against Russia’s Defence Ministry,” a ministry spokesman was quoted as saying.

So much for that. But what was more troubling was what Russia said in addition:

  • RUSSIA SAYS ETHNIC CLEANSING HAPPENING IN UKRAINE: RIA

And as is widely known, Russia has repeatedly state that the one reason it could get involved kinetically in Ukraine, is if the local government engages in mass extermination of ethnic Russians. Which probably explains the following veiled threat:

Read moreRussia Denies Downing Ukraine Warplane, Accuses Ukraine Of Ethnic Cleansing, Says ‘Does Not Want War’

Microsoft Announces Record 18,000 Layoffs, Three Time More Than Expected

by

Microsoft

–  Microsoft Announces Record 18,000 Layoffs, Three Time More Than Expected (ZeroHedge, July 17, 2014):

While the news was reported earlier this week, it is perhaps notable that what was once considered the leading US tech company has also succumbed to the great “jobless” US recovery (in which the US economy is somehow adding 200K+ jobs every month even as it is firing millions). Furthermore, what was supposed to be 6,000 layoffs has just tripled to 18,000, which also happens to be the largest round of layoffs in MSFT history, surpassing the previous record of 5,800 set back in 2009.

From the PR:

Read moreMicrosoft Announces Record 18,000 Layoffs, Three Time More Than Expected

Kiev Reports Ukraine Warplane Was Shot Down By A Russian Fighter Jet

by

– Kiev Reports Ukraine Warplane Was Shot Down By A Russian Fighter Jet (ZeroHedge, July 17, 2014):

While most news coming out of Ukraine regarding the ongoing civil war are merely propaganda designed to make Russia look bad, and hence irrelevant (and vice versa from Russia of course – the only news that matters re: Ukraine is i) what happens with gas deliveries to Europe via Ukraine and ii) the fate of the South Stream pipeline; the rest is mostly noise), it is perhaps a testament to how the global media will observe Russia’s response to the latest US sanctions, and hardly improve risk appetite, that as Reuters reports a Russian jet shot down a Ukrainian SU-25 fighter plane that was on military operations over the east of Ukraine.

While we have yet to receive the official Kremlin denial of this major escalation in hostilities between the two countries, and one which would otherwise be grounds for war by Ukraine and thus essentially denies the report (since Ukraine did not declare war on Russia for rather obvious reasons), here are the alleged details:

Read moreKiev Reports Ukraine Warplane Was Shot Down By A Russian Fighter Jet

Putin Responds: ‘US Sanctions Will Boomerang And Cause Very Serious Damage’

by

Vladimir-Putin1

– Putin Responds: “US Sanctions Will Boomerang And Cause Very Serious Damage” (ZeroHedge, July 16, 2014):

It took just a little over an hour for Vladimir Putin to respond to the latest, most provocative and toughest round of US sanctions yet. The response, appropriately enough, came just after the BRICS summit in Brazil, where the world’s developing countries yesterday announced the formation of both a BRIC bank and a $100 billion currency reserve to provide a liquidity alternative to the insolvent developed world’s central banks. Here Vladimir Putin was asked to comment on the new package of sanctions against Russia announced just minutes earlier by Obama.

Putin’s response: “We aren’t the ones introducing sanctions, you should ask them.”

“Sanctions have a boomerang effect and without any doubt they will push U.S.-Russian relations into a dead end, and cause very serious damage, and it undermines the long term security interests of the US State and its people.” he said to reporters while elaborating that said he needed to see the details of the sanctions to understand their full scope Reuters added.

And as was largely expected, Putin’s next jab was right where it hurt: energy.

Read morePutin Responds: ‘US Sanctions Will Boomerang And Cause Very Serious Damage’

Q1 Productivity Collapsed Most In Over 60 Years … Looks Likely To Be Revised Down To Almost -6% (Annualized)

by

–  Q1 Productivity Collapsed Most In Over 60 Years; Goldman Fears Consequences (ZeroHedge, July 16, 2014):

The official measure of Q1 productivity growth currently looks likely to be revised down to almost -6% (annualized) – the worst in almost 70 years. As Goldman points out, even on a longer-term basis, the 4-, 8-, and 12-quarter trends are all in a 0.2%-0.6% range when the Q1 estimates are included, dramatically below consensus 2% estimates of the long-term trend. While Goldman notes productivity is a very noisy series, because it is calculated as the difference between noisy GDP numbers and noisy hours worked numbers; if these numbers are an accurate representation of the long-term trend, the implications for the long-term growth in US living standards would be very negative.

Weather?

Productivity-collapse

Of course, it wouldn’t be Jan Hatzius if Goldman didn’t end on an optimistic note…

Read moreQ1 Productivity Collapsed Most In Over 60 Years … Looks Likely To Be Revised Down To Almost -6% (Annualized)

Outrage Follows Report Government To Spend $50 Million On Resort For ‘Young Illegal Immigrants’

by

Outrage Follows Report Government To Spend 50 Million On Resort For Young Illegal Immigrants

– Outrage Follows Report Government To Spend $50 Million On Resort For “Young Illegal Immigrants” (ZeroHedge, July 16, 2014):

While we understand that there are many nuances in the ongoing illegal immigrant debate, and there are certainly two sides to every story, we can’t help but wonder if the US government granting a $50 million award to BCFS Health and Human Services to house “young illegal immigrants at the site of the current Palm Aire Hotel and Suites” in Weslaco, Texas is the best use of government funding. As KRGV reported, ” A center for unaccompanied minors set to open in Weslaco later this year will be the first of its kind in the nation, officials with a network of non-profits said.  A center for unaccompanied minors set to open in Weslaco later this year will be the first of its kind in the nation, officials with a network of non-profits said… Representatives with BCFS said the Palm Aire will undergo a multi-million dollar transformation.”

Perhaps the reason why the public’s attention has not only been picqued by this news, but has led to a broad wave of outrage, is that a cursory scan of the Hotel complex reveals accomodations which are inaccessible to millions of Americans, let alone “unaccompanied minor immigrants.”

BCFS has a prepared reason why it needs the funding:

Read moreOutrage Follows Report Government To Spend $50 Million On Resort For ‘Young Illegal Immigrants’

US Kicks The Growling Bear, Issues More Russian Sanctions; Restricts Debt Market Access

by

As I’ve said before (EU Gives Russia Three Days to De-Escalate Ukraine Crisis, Threatens Sanctions):

It’s Ukraine vs East Ukraine, but Russia is now told to solve the problem the U.S. and the EU have created in the first place?

russis-usa

– US Kicks The Growling Bear, Issues More Russian Sanctions; Restricts Debt Market Access (ZeroHedge, July 16, 2014):

Just as they promised (and acting unilaterally as Europe declined to go along with The White House), President Obama has unleashed a set of ‘sectoral’ sanctions to wreak havoc in Russia. The sanctions include the standard travel bans but adds rules that block several of Russia’s largest firms from American debt markets. The plan – to restrict funding availability for Russian firms to under 90-days – is however, dead-on-arrival. As we explained here, Russian companies, facing $115 billion of debt due over the next 12 months, will have the funds even if bond markets shut as “the amount of cash on balance sheets of Russian companies, committed credit lines from banks and the operating cash flows they will get is sufficient for the companies to comfortably service their liabilities.” This will do nothing but raise Putin’s ire even more.

  • U.S. OFFICIAL SAYS RUSSIA FAILING TO DE-ESCALATE IN UKRAINE

As NY Times reports,

President Obama escalated sanctions against Russia on Wednesday by targeting a series of large banks and energy and defense firms in what officials described as the most punishing measures to date for Moscow’s intervention in Ukraine.

While the latest moves do not cut off entire sectors of the Russian economy, as threatened in the past, the administration’s actions go significantly further than the financial and travel limits imposed so far on several dozen individuals and their businesses. The new measures will severely restrict access to American debt markets for the targeted companies.

Read moreUS Kicks The Growling Bear, Issues More Russian Sanctions; Restricts Debt Market Access

If You Own A Kalashnikov Rifle, Obama Just Sanctioned You

by

Kalashnikov

– If You Own A Kalashnikov Rifle, Obama Just Sanctioned You (ZeroHedge, July 16, 2014):

If you thought the latest round of US sanctions against some largely unknown Russians and a few new companies listed here, most notably Rosneft and Gazprombank – but not Gazprom, never Gazprom – that would cut off Russian gas to Europe and Merkel doesn’t want that – would be largely a non-event, you are right. Unless you own a Kalashnikov, aka AK-47 rifle. In which case read on.

From the updated sanctions FAQ:

Read moreIf You Own A Kalashnikov Rifle, Obama Just Sanctioned You

Why America’s Healthcare (Sickcare) System Is Broken And Unfixable

by

From the article:

“The unsubsidized cost of Obamacare for two 60-year old healthy adults ($23,244 annually) for an inferior plan to what we had before exceeds the cost of rent or a mortgage for the majority of Americans. Please ponder this for a moment: buying healthcare insurance under Obamacare costs as much or more as buying a house.”

– Why America’s Healthcare (Sickcare) System Is Broken and Unfixable (Of Two Minds, July 16, 2014):

Here’s a two-word summary of why the American healthcare system is fundamentally broken and cannot be fixed with policy tweaks: perverse incentives.

If you type sickcare in the custom search box on this site, you get 10+ pages of articles. I have covered healthcare/sickcare in depth for many years. I have many correspondents within the sector (doctors and nurses), and have paid the unsubsidized costs of insurance as an employer or as a self-employed worker for 30+ years.

Read moreWhy America’s Healthcare (Sickcare) System Is Broken And Unfixable