It’s D-Day For Puerto Rico As $354 Million Payment Comes Due, Padilla Heads To Capitol Hill For Help

It’s D-Day For Puerto Rico As $354 Million Payment Comes Due, Padilla Heads To Capitol Hill For Help:

Puerto Rico has a problem. The commonwealth needs to make a $354 million bond payment on Tuesday and the government is basically out of money.

We previewed this rather precarious situation twice in the last two weeks (see here and here), noting that this time is indeed “different.” Why? Because unlike August when the island paid only $628,000 of a $58 million payment (so, just about 1%), a large portion of what’s due Tuesday is GO debt guaranteed by the National Public Finance Guarantee Corp. A default on that spells litigation.

A default “would likely trigger legal action from creditors, commencing a potentially drawn-out process absent swift federal intervention,” Moody’s warned last month.

As a refresher, here’s a bullet point summary of recent developments from BofAML:

Read moreIt’s D-Day For Puerto Rico As $354 Million Payment Comes Due, Padilla Heads To Capitol Hill For Help

The Greek General staff: Turkish fighter jets were in the skies over Greece for 30 minutes

Google translation:

The Greek General staff: Turkish fighter jets were in the skies over Greece for 30 minutes:

Six Turkish F16 fighter aircraft violated the airspace of Greece and were there for about an hour. This was announced by the Greek General Staff.

The group crossed the Greek air space between the islands of Lesbos and Chios without providing a flight plan, reports Tass. It happened at 15:01 local time (16:01 Moscow time). Four fighter flew back to Turkey at 15:28, two more – at 15:30.

Violation of Greek border Turkish planes – are not uncommon. This happens on average 1.5 thousands of times a year.

Nearly 1,000 Clinton emails had classified info

Hillary Clinton Exposed Part 2 – Clinton Foundation Took Millions From Countries That Also Fund ISIS

Nearly 1,000 Clinton emails had classified info:

The State Department’s latest release of Hillary Clinton documents brings the total number of Clinton emails known to contain classified material to nearly 1,000.

The department on Monday released its largest batch of emails yet, posting 7,800 pages of the former secretary of state’s communications.

The latest batch contains 328 emails deemed to have classified information. According to the State Department, that brings the total number with classified information to 999.

Read moreNearly 1,000 Clinton emails had classified info

Kurds Say US Troops Engaged in Covert Ground War With ISIL for Months

Related:

British SAS Special Forces ‘Dressed Up As ISIS Rebels’ Fighting Assad in Syria


Kurds Say US Troops Engaged in Covert Ground War With ISIL for Months:

US President Barack Obama has maintained that the redeployment of 300 military “advisers” into Iraq is not a return to combat operations. But according to Kurdish fighters, US soldiers have been involved in a covert ground war for months.

In June, President Obama announced a major shift in strategy. To combat Daesh, also known as ISIL/The Islamic State, the US would redeploy 300 “military advisers” into Iraq. But to appease a war-weary constituency, the president insisted that these forces could not be considered combat troops.

Read moreKurds Say US Troops Engaged in Covert Ground War With ISIL for Months

Pentagon gets green light for WAR … of web propaganda against IS

Pentagon gets green light for WAR … of web propaganda against IS:

The Pentagon has been given formal approval to start an online propaganda campaign against the Islamic State following a recent push by the US Department of Defense (DoD).

Congress approved the National Defense Authorization Act for 2016 last week and included in it a whole section (1056) on “Information operations and engagement technology demonstrations.”

The section states that the Secretary of Defense “should develop creative and agile concepts, technologies, and strategies across all available media to most effectively reach target audiences, and to counter and degrade the ability of adversaries and potential adversaries to persuade, inspire, and recruit inside areas of hostilities or in other areas in direct support of the objectives of commanders.”

Russia Sends NATO A Clear Message By Arming Fighter Jets With First Air-To-Air Missles

Russia Sends NATO A Clear Message By Arming Fighter Jets With First Air-To-Air Missles:

A month ago, US and Russian military officials signed a memorandum of understanding that included steps their pilots should take to avoid an inadvertent clash over Syria as they carry out separate air strikes against armed groups. That MoU has now been shredded, as it certainly did not involve Russian fighter jets operating above Syria being armed with short and medium range air-to-air missiles as a direct threat to other fighter jets also operating above Syria – mostly those of Turkey, France and the US.

Which is precisely what Russia has done as disclosed in an announcement moments ago by the Russian defense ministry, and furthermore, has released a clip as a warning to not only Turkey, but all NATO forces in the region, that any further provocations at its jets will be met with an immediate and proportional response.

Read moreRussia Sends NATO A Clear Message By Arming Fighter Jets With First Air-To-Air Missles

World’s Largest Pension Fund Suffers $64 Billion Loss After Doubling Down On Stocks

World’s Largest Pension Fund Suffers $64 Billion Loss After Doubling Down On Stocks

Late last year, Japanese PM Shinzo Abe effectively forced the $1.1 trillion Government Pension Investment Fund to double its domestic equity allocation. With Kuroda providing perpetual Nikkei plunge protection, and with Abenomics set to bring about an economic renaissance, what could possibly go wrong?…

Russia Bans Soros Foundation As A “Threat To National Security And Constitutional Order”

H/t reader squodgy:

“They worked it out….why can’t we?

This bastard is financing the immigration crisis, funding illegal shippers of innocents as part of his “Destroy Europe” plan….”


Russia Bans Soros Foundation As A “Threat To National Security And Constitutional Order”:

 Following Russia’s official retaliation to the Turkish downing of its jet a week ago, in which Putin issued an executive order limiting employment for Turkish workers, restricting Turkish organizations, and reducing the amount of bilateral trade with Ankara, perhaps a far more notable development took place earlier today when the Russian Prosecutor General’s Office issued a statement in which it recognized George Soros’s Open Society Institute and another affiliated organization as “undesirable groups”, banning Russian citizens and organizations from participation in any of their projects.

In a statement released on Monday, prosecutors said the activities of the Open Society Institute and the Open Society Institute Assistance Foundation were a threat to the foundations of Russia’s Constitutional order and national security. They added that the Justice Ministry would be duly informed about these conclusions and would add the two groups to Russia’s list of undesirable foreign organizations.

Read moreRussia Bans Soros Foundation As A “Threat To National Security And Constitutional Order”

Number Of Millennials Living In Parents’ Basement Climbs (Again); Weddings Blamed (Again)

Basement

Number Of Millennials Living In Parents’ Basement Climbs (Again); Weddings Blamed (Again):

Three weeks ago, we noted with some alarm that the number of women age 18 to 34 living with their parents is now the highest since record keeping began more than seven decades ago. Now, according to the latest data from the Commerce Department (which someone clearly forgot to double seasonally adjust), we discover that nearly a fifth of males aged 25-34 live in their parent’s basement while the aggregate number for the 18 to 34 bracket inclusive of both women and men rose to 31.5% as of March.

Turkey Arrests Generals Who Stopped Syria-Bound, Weapons-Laden, Spook Trucks

TurkeyTrucks

Turkey Arrests Generals Who Stopped Syria-Bound, Weapons-Laden, Spook Trucks:

So let’s just be clear about what’s going on here, because it would be a shame if the absurdity was lost on anyone. In January 2014, MIT loaded up some trucks with weapons bound for militant groups operating in northwestern Syria. Those trucks were stopped at the border by police who were subsequently threatened by intelligence agents who accompanied the drivers. Erdogan has now charged the officers with “forming and leading an armed terrorist organization,” when in fact they were doing the exact opposite. That is, they were trying to keep several truck loads of weapons from reaching armed terrorist organizations.

As you can see, there are no limits on what Erdogan will do to suppress dissent and cover up Ankara’s role in implicitly supporting terrorism by arming militants in Syria.

It’s worth noting that the FSA has become nothing more than a kind of catch-all excuse for flooding Syria with weapons. As al-Jazeera reported earlier this month, the group is beset with defections and “nowhere is [the dissatisfaction] more apparent than in Aleppo, where many FSA soldiers are leaving the group, citing inadequate pay, family obligations and poor conditions.” Still, the media manages to portray them as a well-organized group of battle-hardened, “moderate” warriors who have a very real chance at battling the Russians and Iranians to a stalemate (they’ve rejected Russia’s overtures regarding teaming up to fight ISIS) on the way to negotiating for a transition away from the Assad government. This characterization allows Washington and its regional allies to justify the hundreds of millions in guns, ammo, and funding that to this day flows into the country unimpeded. Whether or not all of that goes to the FSA or the Kurds or whether, like Erdogan’s MIT trucks, it all could be going to the very same groups who organize and execute attacks on Western civilians is an open question that will likely never be answered.

Morgan Stanley Throws In The Permabullish Towel, Says It Is “Feeling Worse, But Not Sure Can Explain It””

In other news:

Federal Reserve ends ‘too big to fail’ lending policy


Morgan Stanley Throws In The Permabullish Towel, Says It Is “Feeling Worse, But Not Sure Can Explain It””:

Stiffer capital rules, a slump in client transactions and a shift toward electronic trading have crimped margins in key fixed-income markets, pushing banks to pull back and eliminate staff… and amid a 42% collapse in fixed-income revenue in Q3, Morgan Stanley is taking action:

  • *MORGAN STANLEY SAID TO PLAN FIXED-INCOME JOB CUTS OF UP TO 25%

The cuts are said to be worldwide and will happen with two weeks (just in time to watch the carnage unleashed by The Fed).

Read moreMorgan Stanley Throws In The Permabullish Towel, Says It Is “Feeling Worse, But Not Sure Can Explain It””

HSBC Whistleblower: The Biggest Bank Fraud in British History Carried Out on UK Shoppers and Covered Up

HSBC Whistleblower: The Biggest Bank Fraud in British History Carried Out on UK Shoppers and Covered Up:

“In my position, as you can imagine, I’ve got a few enemies.” An anonymous tip off has contacted the DWP to suggest that Nicholas Wilson is frauding the benefits office. “They sent a letter calling me in for a compliance interview.”

The irony is that Nicholas Wilson is a whistleblower, who has been trying to expose what would be the largest bank fraud in the history of the UK, totalling over £1bn. This is made up of illegal charges imposed by HFC Bank – previously a subsidiary of HSBC, onto unsuspecting UK customer debts on high street store cards.

“Everything I do on my campaign with HSBC, it’s all about fraud and corruption and underhand dealings. I do everything up front and transparent and that’s how I have to be. I haven’t got anything up my sleeve.”

Read moreHSBC Whistleblower: The Biggest Bank Fraud in British History Carried Out on UK Shoppers and Covered Up

Off-Duty Cop Rams His SUV Into Man’s Car For Trying To Hold Him Accountable For Reckless Driving (Video)

VIDEO: Off-Duty Cop Rams His SUV Into Man’s Car For Trying To Hold Him Accountable For Reckless Driving:

Newly released surveillance video shows an off-duty Montreal police officer ram his SUV into a man’s car who was attempting to hold him accountable for speeding through a stop sign and driving recklessly.

The incident occurred on January 14, 2015, but surveillance video has only now been released.

Jeffery Pokora says the man in the SUV, who was later determined to be SPVM Police Officer Mr. Roberto Tomarelli, sped through a stop sign and cut him off, he responded by following the man to his home and attempting to hold him to account.

Read moreOff-Duty Cop Rams His SUV Into Man’s Car For Trying To Hold Him Accountable For Reckless Driving (Video)

Steering the Masses Towards Total War

Steering the Masses Towards Total War:

It goes without saying that the atrocities of Paris on November 13, 2015 were unspeakable and sickening. But what is not being said in the wake of the incident—what has been ignored by the mass media—is predictably telling and ominous.

As in the wake of 9/11, the people of the world are being provoked, agitated and mobilized; the fear, horror, rage and shock channeled and shaped into wave of collective vengeance and hatred. Hatred towards what and whom?

The Islamic State has claimed responsibility for the attacks. But what is the Islamic State?

Read moreSteering the Masses Towards Total War

Paper Gold Dilution Hits 294x As Comex Registered Gold Drops To New All-Time Low

Paper Gold Dilution Hits 294x As Comex Registered Gold Drops To New All-Time Low:

According to the latest data, total Comex Registered gold dropped by another 11% overnight to just 134,877 ounces, just over 4 tonnes and another all time low, and since the gold open interest remains largely unchanged, the physical gold coverage ratio, or the ratio of gold claims to Registered gold, has just hit an all time high of 294 ounces of paper for every ounces of physical.

Erdogan Says Will Resign If Oil Purchases From ISIS Proven After Putin Says Has “More Proof”

Erdogan-BirdRussia's President Vladimir Putin attends a news conference in Strelna near St. Petersburg

Erdogan Says Will Resign If Oil Purchases From ISIS Proven After Putin Says Has “More Proof”:

“I’ve shown photos taken from space and from aircraft which clearly demonstrate the scale of the illegal trade in oil and petroleum products,” Vladimir Putin told reporters earlier this month on the sidelines of the G-20 summit in Antalya. Putin was of course referencing Islamic State’s illicit and highly lucrative oil trade, the ins and outs of which we’ve documented extensively over the past two weeks:

Turkey’s move to shoot down a Russian Su-24 warplane near the Syrian border afforded the Russian President all the motivation and PR cover he needed to expose Ankara’s alleged role in the trafficking of illegal crude from Iraq and Syria and in the aftermath of last Tuesday’s “incident,” Putin lambasted Erdogan. “Oil from Islamic State is being shipped to Turkey,” Putin said while in Jordan for a meeting with King Abdullah. In case that wasn’t clear enough, Putin added this: “Islamic State gets cash by selling oil to Turkey.”

Read moreErdogan Says Will Resign If Oil Purchases From ISIS Proven After Putin Says Has “More Proof”

How Much Does An Asylum Seeker Get From The German Government?

Germany Asylum Seekers Money
(Click on image to enlarge.)

€1004,50 per person.

So a family with two children will get €4018.

Wow!

“…free rent, free medical care … and no other costs at all…”

25.11.2015

Related info:

Migrant Crisis: REFUGEES GO ON HUNGER STRIKE: DEMAND $2000 Euros Per Month … What They Do Next Is Even More Outrageous …

Sweden: “No Apartments, No Jobs, No Shopping Without A Gun”

Sweden: “No Apartments, No Jobs, No Shopping Without A Gun”:

  • The Swedes see the welfare systems failing them. Swedes have had to get used to the government prioritizing refugees and migrants above native Swedes.
  • “There are no apartments, no jobs, we don’t dare go shopping anymore [without a gun], but we’re supposed to think everything’s great. … Women and girls are raped by these non-European men, who come here claiming they are unaccompanied children, even though they are grown men. … You Cabinet Ministers live in your fancy residential neighborhoods, with only Swedish neighbors. It should be obligatory for all politicians to live for at least three months in an area consisting mostly of immigrants… [and] have to use public transport.” — Laila, to the Prime Minister.
  • “Instead of torchlight processions against racism, we need a Prime Minister who speaks out against the violence… Unite everyone. … Do not make it a racism thing.” — Anders, to the Prime Minister.
  • “In all honesty, I don’t even feel they [government ministers] see the problems… There is no one in those meetings who can tell them what real life looks like.” – Laila, on the response she received from the government.

The week after the double murder at IKEA in Västerås, where a man from Eritrea who had been denied asylum grabbed some knives and stabbed Carola and Emil Herlin to death, letters and emails poured into the offices of Swedish Prime Minister (PM) Stefan Löfven. Angry, despondent and desperate Swedes have pled with the Social Democratic PM to stop filling the country with criminal migrants from the Third World or, they write, there is a serious risk of hatred running rampant in Sweden. One woman suggested that because the Swedish media will not address these issues, Löfven should start reading foreign newspapers, and wake up to the fact that Sweden is sinking fast.

Sweden
Carola Herlin, Director of the Moro Backe Health Center, was murdered on August 10, along with her son, in the IKEA store in Västerås, Sweden.

Read moreSweden: “No Apartments, No Jobs, No Shopping Without A Gun”

California begins injecting children with mercury … flu shot ‘shortage’ cited as bizarre justification … state safety laws nullified to push vaccines

Mercury-flu-shots-exemption-California-640

California begins injecting children with mercury… flu shot ‘shortage’ cited as bizarre justification… state safety laws nullified to push vaccines:

California Health and Human Services Agency Secretary Diana S. Dooley has just cast aside a law intended to protect children from mercury in vaccines. In a letter dated October 9 (see full text below), Dooley is now urging all children in California to be injected with mercury — TWICE! — in the form of flu shots.

“I am granting a temporary exemption from California Health and Safety Code Section 124172 for seasonal influenza vaccine with trace levels of thimerosal to be administered to children younger than three years from October 9, 2015 through December 31, 2015, because the current supply of thimerosal-free vaccine for young children is inadequate,” declares Dooley. (Thimerosal always contains mercury. When I tested mercury concentrations in influenza vaccines using ICP-MS instrumentation in my laboratory, results showed mercury at over 50,000 ppb — about 25,000 times higher than what the EPA allows in drinking water.)

She then goes on to claim that she might extend the nullification of California law for as long as necessary to keep injecting children with influenza vaccines… whether they contain mercury or not!

Remember, too, that California now mandates vaccines for all children who attend public school thanks to the passage of SB 277, pushed by vaccine industry puppet Dr. Richard Pan.

Read moreCalifornia begins injecting children with mercury … flu shot ‘shortage’ cited as bizarre justification … state safety laws nullified to push vaccines

The Running Of The Sheep: Black Friday 2015 Video Hall of Shame

Hopeless.

What will they do, when the greatest financial collapse happens and they run out of food?

Prepare for it, because it’s coming.


Black Friday

The Running Of The Sheep: Black Friday 2015 Video Hall of Shame:

This article was originally published by Daisy Luther at The Organic Prepper.blackfriday2015

Editor’s Note: Every year Pamplona, Spain hosts the annual Running of the Bulls festival. Thousands join in as either observers of the event or participants, who risk life and limb for a chance to outrun a herd of bulls released onto the streets of the city. People are often hurt, mangled or even killed. Regardless, many come back the following year for more. Here in America we have a similar celebration. Though no Spanish bulls are to be found, hundreds of thousands of sheep are released into the wild and left to fend for themselves. They fight not for glory, however. Rather, these brave sheep battle for discounted televisions, home appliances, video games and cheaply produced plastic toys for their children. As in Pamplona, it can be a dangerous endeavor for the sheep involved. Sometimes they die after being stomped on by eager shoppers attempting to be one of the chosen few to grab one of three flat-screens available at their local electronics store. Others are injured as they struggle to find the ultimate Black Friday deal, at times going so far as to instigate physical confrontations with rivals who may be attempting to one up them with a four slice toaster or the latest in vegetable steaming technology. This year Daisy Luther of The Organic Prepper presents the 2015 Black Friday Video Hall of Shame. 

Read moreThe Running Of The Sheep: Black Friday 2015 Video Hall of Shame

VAPORIZED: The Moment An Islamic Extremist Filming A Propaganda Video Is Wiped Out By An Artillery Shell

vaporized-alqueda

VAPORIZED: The Moment An Islamic Extremist Filming A Propaganda Video Is Wiped Out By An Artillery Shell:

The Islamic State loves to share propaganda videos of beheadings and mass murders of innocent victims, including children and those whose only crime against Islam is that they are Christians.

Thus, it is with great pleasure and a smile that we share the following short video clip from the Syrian border in which an Al-Queda affiliated Islamist rebel filming his latest propaganda video is vaporized by a mortar shell.

Read moreVAPORIZED: The Moment An Islamic Extremist Filming A Propaganda Video Is Wiped Out By An Artillery Shell

Migrant Crisis: Chief Of German Police Union Explains The Truth About Refugees (Must-Watch Video – English Subtitles)

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Click on image or on the provided link.

Migrant Crisis - German Police

https://www.youtube.com/watch?v=SOi8QJD8fiw

I Said HERE:

As I’ve said many times before, the elitists have planned the greatest economic collapse, civil war and WW3 for us.

The ‘migrant crisis’ – or whatever you want to call it – is just part of the plan.

Read moreMigrant Crisis: Chief Of German Police Union Explains The Truth About Refugees (Must-Watch Video – English Subtitles)