Benghazi Massacre: Fox/Huffington CIA Tale Nonsense (Veterans Today)


AC 130 Gunships, Typically in Aviano, 1700 miles away if at all, providing radio hadn’t been jammed

Benghazi Massacre: Fox/Huffington CIA Tale Nonsense (Veterans Today, Oct 26, 2012):

A trained team of up to 120 special forces personnel with radio jammers and heavy weapons killed the US ambassador.  There were only two America CIA employees in Libya.  The news stories are all fabrications.

The killing of Ambassador Stephens in Benghazi has become a ghoulish election ploy played by Fox News, Huffington Post and others.  All are printing and broadcasting conjecture, total falsehood and the usual biased and unreliable garbage they are famous for.

Read moreBenghazi Massacre: Fox/Huffington CIA Tale Nonsense (Veterans Today)

Benghazi-Gate Continues: CIA Operators Were Told To ‘Stand Down’ (Washington Times)

Related info:

Benghazi Massacre: Fox/Huffington CIA Tale Nonsense (Veterans Today)


Benghazi-gate continues: CIA operators were told to ‘stand down’ (Washington Times, Oct 26, 2012):

SAN DIEGO, October 26, 2012 — Fox News broke chilling new facts today regarding the September destruction in Benghazi.

According to Fox,“an urgent request from the CIA annex for military back-up during the attack on the U.S. consulate and subsequent attack several hours later on the annex itself was denied by the CIA chain of command — who also told the CIA operators twice to “stand down” rather than help the ambassador’s team when shots were heard at approximately 9:40 p.m. in Benghazi on Sept. 11.”

It’s almost unimaginable that the Obama administration could spin their way out of this one. They’ll try, but there aren’t too many cards left to play. The video narrative has ridden off into the horizon and can help them no longer.

They’ll probably dismiss Fox News as a right wing, hence unreliable source. They’d be wise not to try it. A quick trip down memory lane takes us back to September, when DNC Chairwoman Debbie Wasserman Schultz claimed the conservative Washington Examiner misquoted her, only to discover that her words had been recorded. (Washington Examiner, Sept 7, 2012).

Read moreBenghazi-Gate Continues: CIA Operators Were Told To ‘Stand Down’ (Washington Times)

Benghazi: CIA Agents Asked 2 Times For Permission To Help Ambassador Chris Stevens … Were Told To ‘Stand Down’

… like NORAD was told to stand down on 9/11 … by Darth Cheney???:

Related info:

Benghazi Massacre: Fox/Huffington CIA Tale Nonsense (Veterans Today)


CIA agents in Benghazi twice asked for permission to help Ambassador Chris Stevens as bullets were flying and twice were told to ‘stand down’ (Daily Mail, Oct 26, 2012):

  • Revelations shed new light on the effectiveness of the CIA at Benghazi and the level of support they were given
  • When the CIA annex come under attack the field agents were denied a request for military help despite a counter terrorism team being two hours away in Italy
  • There was full communication between operatives on the ground and headquarters – with the ability to laser guide drones, planes or special forces to enemy targets
  • It has been claimed that CIA agents on the ground during the deadly attack on the U.S. Consulate in Benghazi twice asked for permission to help Ambassador Chris Stevens and twice were told to stand down.

    Furthermore sources present during the deadly six-hour assault have said that a desperate last request for military assistance once the CIA themselves came under attack was denied, even though elite counter-terrorism units were only two hours away.

    Read moreBenghazi: CIA Agents Asked 2 Times For Permission To Help Ambassador Chris Stevens … Were Told To ‘Stand Down’

    The Largest Money Laundering And Racketeering Lawsuit Seeks To Return $43 TRILLION To The United States Treasury

    Major Banks, Governmental Officials and Their Comrade Capitalists Targets of Spire Law Group, LLP’s Racketeering and Money Laundering Lawsuit Seeking Return of $43 Trillion to the United States Treasury (PR Newswire, Oct 25, 2012):

    NEW YORK, Oct. 25, 2012 /PRNewswire/ — Spire Law Group, LLP’s national home owners’ lawsuit, pending in the venue where the “Banksters” control their $43 trillion racketeering scheme (New York) – known as the largest money laundering and racketeering lawsuit in United States History and identifying $43 trillion ($43,000,000,000,000.00) of laundered money by the “Banksters” and their U.S. racketeering partners and joint venturers – now pinpoints the identities of the key racketeering partners of the “Banksters” located in the highest offices of government and acting for their own self-interests.

    In connection with the federal lawsuit now impending in the United States District Court in Brooklyn, New York (Case No. 12-cv-04269-JBW-RML) – involving, among other things, a request that the District Court enjoin all mortgage foreclosures by the Banksters nationwide, unless and until the entire $43 trillion is repaid to a court-appointed receiver – Plaintiffs  now establish the location of the $43 trillion ($43,000,000,000,000.00) of laundered money in a racketeering enterprise participated in by the following individuals (without limitation):  Attorney General Holder acting in his individual capacity, Assistant Attorney General Tony West, the brother in law of Defendant California Attorney General Kamala Harris (both acting in their individual capacities), Jon Corzine (former New Jersey Governor), Robert Rubin (former Treasury Secretary and Bankster), Timothy Geitner, Treasury Secretary (acting in his individual capacity), Vikram Pandit (recently resigned and disgraced Chairman of the Board of Citigroup), Valerie Jarrett (a Senior White House Advisor), Anita Dunn (a former “communications director” for the Obama Administration), Robert Bauer (husband of Anita Dunn and Chief Legal Counsel for the Obama Re-election Campaign), as well as the “Banksters” themselves, and their affiliates and conduits.  The lawsuit alleges serial violations of the United States Patriot Act, the Policy of Embargo Against Iran and Countries Hostile to the Foreign Policy of the United States, and the Racketeer Influenced and Corrupt Organizations Act (commonly known as the RICO statute) and other State and Federal laws.

    Read moreThe Largest Money Laundering And Racketeering Lawsuit Seeks To Return $43 TRILLION To The United States Treasury

    Fukushima Still Leaking Radioactive Contaminants Into Ocean

    Top Scientific Journal: Fukushima still leaking radioactive contaminants into sea — Unprecedented events for ocean and society from 3/11 disaster (ENENews, Oct 26, 2012):

    (Subscription Required) Perspective: Ecology: Fishing for Answers off Fukushima
    Author: Ken O. Buesseler
    Science 26 October 2012
    Vol. 338 no. 6106 pp. 480-482

    Emphasis Added

    The triple disaster of the 11 March 2011 earthquake, tsunami, and subsequent radiation releases at Fukushima Dai-ichi were, and continue to be, unprecedented events for the ocean and for society. More than 80% of the radioactivity from Fukushima was either blown offshore or directly discharged into the ocean from waters used to cool the nuclear power plants (1). Although offshore waters are safe with respect to international standards for radionuclides in the ocean (2), the nuclear power plants continue to leak radioactive contaminants into the ocean (3); many near-shore fisheries remain closed. What are the prospects for recovery? […]

    CNN’s report on the ongoing contamination here

    TEPCO Admits Fukushima Reactors May Be Continuously Leaking Radiation Into The Ocean

    Tepco spokesman admits Fukushima reactors may be continuously leaking into ocean (ENENews, Oct 25, 2012):

    Title: Fish Off Fukushima, Japan, Show Elevated Levels of Cesium
    Source: New York Times
    Author:  HIROKO TABUCHI
    Date Published: October 25, 2012

    […]

    The operator of the Fukushima plant, the Tokyo Electric Power Company, said that the site no longer released contaminated water into the ocean, and that radiation levels in waters around the plant had stabilized.

    But Yoshikazu Nagai, a spokesman for the company, said he could not rule out continued leaks into the ocean from its reactors, the basements of which remain flooded with cooling water.

    […]

    And what will Tepco do with the contaminated water they manage to contain? Either dump it in the sea after ‘decontamination’ or:

    Watch a Japanese engineer discuss Tepco’s plans to put Fukushima’s contaminated water in an underground pit here

    TEPCO’s 100 Feet Deep Wall At Fukushima To Stop Radiation From Contaminating Sea & Ground Water Still Years Away

    100 foot deep wall at Fukushima plant still being built, says Tepco — Trying to keep underground contamination from ocean — Years from completion? (ENENews, Oct 25, 2012):

    Title: Fish Off Fukushima, Japan, Show Elevated Levels of Cesium
    Source: New York Times
    Author:  HIROKO TABUCHI
    Date Published: October 25, 2012

    To stop water from seeping out of the plant, Tokyo Electric is building a 2,400-foot-long wall between the site’s reactors and the ocean. But [Yoshikazu Nagai, a spokesman for Tepco] said the steel-and-concrete wall, which will reach 100 feet underground, will take until mid-2014 to build.

    View the oceanside wall here

    Germany: Bundesbank’s Official Statment On Where It’s Gold Is (And Isn’t)

    Bundesbank’s Official Statment On Where It’s Gold Is (And Isn’t) (ZeroHedge, Oct 27, 2012):

    Three days ago, as a result of recent discoveries relating to Germany’s official sovereign gold inventory, we asked a rhetorical question: “Why Did The Bundesbank Secretly Withdraw Two-Thirds Of Its London Gold?” There we presented the chonology of official disclosure regarding the whereabouts of German gold over the past decade, with an emphasis on its reclamation from London-based official vaults to the safety of the motherland, and left off with another open-ended statement that: “what is left unsaid in all of the above is that Germany has done nothing wrong! It simply demanded a reclamation of what is rightfully Germany’s to demand.” Nonetheless, the fact that Germany did this has opened a Pandora’s box of unanswered questions, and even demands that Germany promptly demand delivery all of its gold – the second largest such hoard in the world only after the US – held abroad. Below is the official response by the Bundesbank.

    Here is the gist::

    We do not have the slightest doubt that our holdings in New York and Paris are also made up of the purest fine gold. We have at our disposal fully documented lists of the bars, and our partner central banks send us every year confirmation not only of the bars’ existence but also of their quality.

    We had nothing but the best of experiences with our partners in New York, London and Paris. There was never any doubt about the security of Germany’s gold. In future, we wish to continue to keep gold at international gold trading centres so that, when push comes to shove, we can have it available as a reserve asset as soon as possible. Gold stored in your home safe is not immediately available as collateral in case you need foreign currency.

    How about if you need collateral in your own currency, such as the de facto reserve currency of Europe, the DEM? Crickets?

    The punchline:

    Take, for instance, the key role that the US dollar plays as a reserve currency in the global financial system. The gold held with the New York Fed can, in a crisis, be pledged with the Federal Reserve Bank as collateral against US dollar-denominated liquidity. Similar pound sterling liquidity could be obtained by pledging the gold that is held with the Bank of England.

    And what otherwise would pass as Saturday Humor:

    Read moreGermany: Bundesbank’s Official Statment On Where It’s Gold Is (And Isn’t)

    China Warns It Will Respond ‘Forcefully’ To Japanese Violation Of Its ‘Territorial Sovereignty’

    China Warns It Will Respond “Forcefully” To Japanese Violation Of Its “Territorial Sovereignty” (ZeroHedge, Oct 27, 2012):

    While the topic of the Japanese purchase of the contested [Senkaku|Diaoyu] Islands may have receded from the front pages of global media for lack of any major recent developments, the issue is still quite ripe in the minds of over 1 billion Chinese (and several hundred million Japanese, not to mention the executives of Japanese car and electronics makers who have seen a cliff-like collapse in purchases of their products by Chinese consumers in the past month). However, just because it is out of sight, does not mean it is out of mind, the front page of the official Chinese Daily is out with a big piece titled “China says no concession on territorial sovereignty” in which it makes it abundantly clear that Japan will have no choice but to back down in what China continues to consider an “aggressive” invasion of its territorial sovereignty. And to avoid any confision. Xinhua clarifies that if “anyone wants to challenge China’s bottom line on the issue of sovereignty, China will have no alternative but to respond forcefully so as to remove disturbance and obstacles and move steadily on the path of peaceful development.

    So just like Europe, where nothing has been resolved, but merely swept under the ECB’s ever bigger rug, and is merely waiting to be unleashed in the next risk-flaring episode, so the territorial dispute in Asia will escalate until either Japan backs down, or China finally makes good on its threat. One can only hope the two don’t coincide as the system, already stressed out to the max, will see another major exogenous shock, only this time with the Fed already ‘all in‘, there is nothing incremental that Bernanke’s policy will be able to do to avoid the subsequent shock as the global financial system takes another major step down, precisely as David Einhorn warned.

    From the front page of China Daily:

    China on Friday said it will take forceful measures in response to any moves that challenge the country’s bottom line on sovereignty.

    “We want to live in friendship with all countries including Japan, but we have to uphold our principles and bottom line,” Chinese Vice Foreign Minister Zhang Zhijun told reporters Friday night.

    Read moreChina Warns It Will Respond ‘Forcefully’ To Japanese Violation Of Its ‘Territorial Sovereignty’

    ‘Even Residents Of Tokyo Are Evacuating’

    Japanese Legal Expert: “Even residents of Tokyo are evacuating” (ENENews, Oct 26, 2012):

    Title: Japanese Attorney Masaki Kito on Fukushima and real estate
    Published by: A4NR
    Published on: Oct 26, 2012

    Watch the clip here

    Tokyo is finished:

    Insane Japan: Traitor Edano Wants Spent Fuel Stored In Tokyo And Other Big Cities

    Radiation Levels Continue To Rise In Tokyo, Kanagawa Areas

    16,800 Bq/kg Of Cesium In Tokyo Sewage Sludge Ash

    Fukushima Milk For Tokyo Area School Lunches

    2012 Crop Of Fukushima Rice On Sale in Tokyo

    21,346 Bq/Kg At Tokyo Train Station

    Prof. Hiroaki Koide: Tokyo Area As Contaminated As Fukushima

    Prof. Dr. Chris Busby: Extremely High Levels Of Radioactivity In Tokyo Apartment Air Filter – ‘We Are Talking About Hundreds Of Thousands Of Bequerels Per Kg In This Dust’ (Video)

    Don’t Touch Moss In Tokyo! – 4,370 Bq/Kg

    Japanese Journalist: ‘Do They Want To Kill Children? – Adults in Tokyo Are Insane’

    Japan Chooses Disaster-Alternative Capital

    15.65 Bq/Kg of cesium from washing towel in Tokyo

    Tokyo: Radioactive Black Substance Is Now ‘EVERYWHERE’ (Videos)

    4,800 Bq/Kg Of Iodine-131 Measured In Tokyo (May 17, 2012)

    Tokyo Soil So Contaminated With Radiation It Would Be Considered Nuclear Waste In The U.S. – If Reactor 4 Fuel Explodes, The World Is Done For

    Chief Nuclear Engineer Arnie Gundersen: Tokyo Soil Samples Would Be Considered Nuclear Waste In The US! (Video)

    Evacuate Tokyo And All US Forces From Japan! (Veterans Today): ‘Tokyo Radiation Level 25 Times The Fukushima Mandatory Evacuation Zone’

    Radioactive Japan: Contamination Detected In Tokyo Equal To Chernobyl Mandatory Evacuation Levels

    Prof. Takeda Kunihiko From Chubu University: ‘March 31, 2015 Is The Last Day Of Japan’

    And again:

    “If you don’t educate yourself now and fast, you’ll die.”
    – Prof. Hayakawa of Gunma University

    TEPCO Wants To Dump Water Used To Cool Fukushima Reactors Into The Pacific Ocean

    Tepco: Water used to cool Fukushima reactors could be released into ocean — Outside experts worried (ENENNews, Oct 25, 2012):

    Title: AP Interview: Japan Nuke Plant Water Worries Rise (PHOTOS)
    Source: Associated Press
    Author: MARI YAMAGUCHI (Malcolm Foster contributed to this report)
    Date: October 25, 2012

    Japan’s crippled nuclear power plant is struggling to find space to store [… a]bout 200,000 tons of radioactive water […]

    Read moreTEPCO Wants To Dump Water Used To Cool Fukushima Reactors Into The Pacific Ocean

    GM Cancer Warning Can No Longer Be Ignored

    GM Cancer Warning Can No Longer Be Ignored (Farm Wars, Oct 24, 2012):

    The latest findings of cancers and deaths from GM maize and Roundup herbicide are the result of the most in-depth long-term toxicology study ever done on GM food; we ignore them at our peril.

    In the Vatican Museums in Rome stands a statue of La0coön and his sons. Legend has it that Laocoön tried to warn his fellow citizens against taking in the wooden horse that the Greeks had left outside their gates. It was not a gift, but a ruse designed to allow Greek soldiers to enter the city. The Greek gods, who wanted to see Troy destroyed, sent sea serpents to kill Laocoön. This convinced the Trojans that the horse was indeed sacred; so they opened the gates and dragged it into the city. The result was the total destruction of Troy and its empire.

    The biotech industry is doing its best to convince us that GMOs are the key to feeding a hungry world, when all the evidence is that they profit only the companies. Whenever anyone tries to warn of the dangers of GMOs, the industry responds by doing its utmost to discredit the whistle blower and prevent the warning from being heard. We have already witnessed what happened to Arpad Pusztai ([1] Pusztai Publishes Amidst Fresh Storm of Attack , ISIS News 3), David Quist and Ignacio Chapela ([2] Who’s Afraid of Horizontal Gene Transfer?, SiS 15) and Irina Ermakova ([3] Science and Scientist Abused, SiS 36) to name but a few; also Nancy Oliviera ([4] Big Business = Bad Science?ISIS News 9/10) and David Healy ([5] The Depressing Side of Medical Science, SiS 39) with the pharmaceutical industry no less corrupt than biotechnology.

    GM maize and herbicide link to cancer “a bomb”

    The latest warning – perhaps the most dramatic to-date – comes in a paper published online 19 September 2012 in the journal Food and Chemical Toxicology reporting high rates of death and cancers in rats fed Monsanto’s GM maize NK603 and/or Roundup herbicide compared with controls [6]. The study carried out by Gilles-Eric Séralini and his group at the University of Caen involved the largest number of rats followed for their entire lifespan of two years. By all accounts, it was the most in-depth long-term toxicology study ever done on GM food [7]. Séralini reported the results in the European Parliament.

    Read moreGM Cancer Warning Can No Longer Be Ignored

    Spain: Hundreds Of Police Officers Protest In Madrid


    Spanish police officers take part in a demonstration against the Spanish government’s latest austerity measures in Madrid on October 27. Hundreds of police officer gathered in front of the interior ministry to express their anger against the austerity measures and benefit cuts.

    Spanish police protest cuts in Madrid (AFP, Oct 27, 2012):

    Hundreds of Spanish police officers protested outside the interior ministry in Madrid on Saturday to denounce budget cuts and the elimination of benefits, as firecrackers burst into the air.

    Like all Spanish civil service employees, police officers are taking the full blow of the austerity measures brought in by Prime Minister Mariano Rajoy’s right-wing government in a bid to tackle the debt crisis.

    Read moreSpain: Hundreds Of Police Officers Protest In Madrid

    As Thousands Of Italians March Against Austerity On ‘No Monti Day’, Berlusconi Threatens To Scuttle Monti Government

    As Thousands Of Italians March Against Austerity On “No Monti Day”, Berlusconi Threatens To Scuttle Monti Government (ZeroHedge, Oct 27, 2012):

    First, it was Greece who failed to stick with the “do not rock the boat until the US election” script so meticulously crafted by Tim Geithner, and now it is Italy’s turn as Europe threatens to come unhinged precisely in the week when complete peace and quiet is needed to avoid deflecting attention from the peak season of the US presidential theater. As Reuters reports, “Tens of thousands of people marched through Rome in a “No Monti Day” on Saturday, some throwing eggs and spraying graffiti to protest against austerity measures introduced by Prime Minister Mario Monti’s government. Appointed in November when Italy risked being sucked into the euro zone debt crisis, Monti has pushed through painful austerity measures to cut the country’s massive debt, including tax hikes, spending cuts and a pension overhaul. “We are here against Monti and his politics, the same politics as all over Europe, that brought Greece to its knees and that are destroying half of Europe, public schools, health care,” said demonstrator Giorgio Cremaschi… In another demonstration in northern Italy, a small group of protesters scuffled with police near where Monti was addressing a rally on the theme of family values.”

    Read moreAs Thousands Of Italians March Against Austerity On ‘No Monti Day’, Berlusconi Threatens To Scuttle Monti Government

    AND NOW: Sweden Runs Out Of Garbage, … Forced To Import From Norway

    Sweden, a recycling-happy land where a quarter of a million homes are powered by the incineration of waste, is facing a unique dilemma: The nation has run out of much-needed fuel.

    Sweden runs out of garbage, forced to import from Norway (Mother Nature Network, Oct 25, 2012):

    Sweden, birthplace of the Smörgåsbord, Eric Northman, and the world’s preferred solar-powered purveyor of flat-pack home furnishings, is in a bit of a pickle: the squeaky clean Scandinavian nation of more than 9.5 million has run out of garbage. The landfills have been tapped dry; the rubbish reserves depleted. And although this may seem like a positive — even enviable — predicament for a country to be facing, Sweden has been forced to import trash from neighboring countries, namely Norway. Yep, Sweden is so trash-strapped that officials are shipping it in — 80,000 tons of refuse annually, to be exact — from elsewhere.

    You see, Swedes are big on recycling. So big in fact that only 4 percent of all waste generated in the country is landfilled.

    Good for them! However, the population’s remarkably pertinacious recycling habits are also a bit of a problem given that the country relies on waste to heat and to provide electricity to hundreds of thousands of homes through a longstanding waste-to-energy incineration program. So with citizens simply not generating enough burnable waste to power the incinerators, the country has been forced to look elsewhere for fuel. Says Catarina Ostlund, a senior advisor for the Swedish Environmental Protection Agency: “We have more capacity than the production of waste in Sweden and that is usable for incineration.”

    Read moreAND NOW: Sweden Runs Out Of Garbage, … Forced To Import From Norway

    World’s Most Powerful Laser Beams To Zap Nuclear Waste And Provide New Cancer Treatments

    I’ve been told in 1999 that cancer cells turn within 48h back into normal cells after being treated shortly with a laser. A certain frequency (wavelength) has to be used to achieve this result.

    Back then I didn’t know if this info could be possibly true or not.


    World’s Most Powerful Laser Beams to Zap Nuclear Waste (Bloomberg, Oct 26, 2012):

    The European Union will spend about 700 million euros ($900 million) to build the world’s most powerful lasers, technology that could destroy nuclear waste and provide new cancer treatments.

    The Extreme Light Infrastructure project has obtained funding for two lasers to be built in the Czech Republic and Romania, Shirin Wheeler, spokeswoman for the European Commission on regional policy, said in a phone interview. A third research center will be in Hungary.

    The lasers are 10 times more powerful than any yet built and will be strong enough to create subatomic particles in a vacuum, similar to conditions that may have followed the start of the universe. Eventually, the power of the light beams could be used to deteriorate the radioactivity of nuclear waste in just a few seconds and target cancerous tumors, the projects’s Romanian coordinator Nicolae-Victor Zamfir said in an interview.

    Read moreWorld’s Most Powerful Laser Beams To Zap Nuclear Waste And Provide New Cancer Treatments

    New Study: Pesticides Have Domino Effect On Bees

    See also:

    France Bans Syngenta Pesticide Linked To Bee Colony Collapse Disorder

    Illinois Government Secretly Destroys Beekeeper’s Bees And 15 Years Of Research Proving Monsanto’s Roundup Kills Bees

    Study: EPA-Approved GMO Insecticide Responsible For Killing Off Bees, Contaminating Entire Food Chain

    BBKA Betrayed Bee Keepers To Pesticide Lobby, Endorsed The Most Deadly Substances For Bees Existing On The Planet As ‘Bee-Friendly’ Or ‘Bee-Safe’

    EPA Knowingly Allowed Pesticide That Kills Honey Bees, Leaked Document Shows

    Flashback: Organic Bees Surviving Colony Collapse Disorder (CCD)


    Pesticides have domino effect on bees (AFP, Oct 22, 2012):

    Bees are vital because they account for 80 percent of plant pollination by insects. Without them, many crops would be unable to bear fruit.

    PARIS — Chronic exposure to pesticides has a bigger knock-on effect on bees than conventional probes suggest, according to a new study on Oct. 21 touching on the mysterious collapse of bee colonies.

    Biologists at the University of London carried out an exceptional field study into bumblebees exposed to two commonly used agricultural insecticides.

    They sought to mimic what happens in a real-life setting, where different crops are sprayed with different pesticides at different dosages and times.

    Read moreNew Study: Pesticides Have Domino Effect On Bees

    Ted Turner Apologizes For Saying It’s ‘Good’ U.S. Soldiers Are Committing Suicide (Video)

    Flashback:

    The World’s Biggest Landowners

    Top billionaire club in bid to curb overpopulation (Times)

    Ted Turner Repeats Call For Population Curb (Video):

    Billionaire Globalist Ted Turner, who earlier this month predicted that global warming would eventually lead to cannibalism, has repeated his call to curb population growth, claiming that disappearing farmland will cause food riots, despite the fact that Turner himself is behind the push to grow corn-based ethanol, an industry the UN has blamed for food shortages and increased poverty.


    Ted Turner Apologizes For Saying It’s “Good” U.S. Soldiers Are Committing Suicide (Prison Planet, Oct 26, 2012):

    After Infowars broke the story of Ted Turner commenting that it was “good” U.S. troops are killing themselves during an appearance on CNN, the issue went viral and Turner was last night forced to apologize for making the remarks.


    YouTube

    Turner’s comments on Piers Morgan Tonight a few days ago had gone virtually unnoticed until we highlighted them in a You Tube video. The story was then picked up by Breitbart and the Drudge Report and has since gone viral, appearing in Fox News, the Front Page Magazine, the Hollywood Reporter and numerous other outlets.

    Had the story not gone viral, Turner’s offensive remarks would have gone unchecked but last night he was forced to issue a public apology.

    During my recent interview on CNN’s Piers Morgan Tonight, I inadvertently used the word “good” when asked for my thoughts on the increasing rate of suicide among U.S. military soldiers in the Middle East. It was certainly not my intent to imply that suicide is “good.” Rather, I was implying that it is good that the public is more aware of these tragedies and is more averse to war and war-related fatalities.

    My message has always been one of peace, I believe that we’re born programmed to love and help each other, not to kill or hurt each other. I strongly support our U.S. troops and would never intentionally say anything to harm the brave men and women serving our country. I deeply apologize for any misunderstanding caused by this comment.

    However, as we highlighted yesterday, Turner’s advocacy for “peace” and “love” doesn’t extend to the billions of people he wants to see wiped off the planet as part of a huge population reduction effort, nor to the millions of babies he would have killed under the global one child policy he advocates.

    Read moreTed Turner Apologizes For Saying It’s ‘Good’ U.S. Soldiers Are Committing Suicide (Video)

    David Einhorn Explains How The Federal Reserve Is Destroying America (Video)

    ‘The Bernank’ is just a meaningless puppet.


    David Einhorn Explains How Ben Bernanke Is Destroying America (ZeroHedge, Oct 26, 2012):

    David Einhorn knocks it out of the park with his very first statement during today’s Buttonwood Gathering, in a segment dedicated to one thing only: explaining how the Fed’s policies are not only not helping the economy, they are now actively destroying this country.

    “Sometimes you have to look at what is the base assumption. because sometimes you have a groupthink around the base assumption and everybody agrees to the same thing and acts reflexively and doesn’t really challenge what is going on. I think we have reached that point with the monetary policy. The assumption is that if you want the economy to improve, if you want more jobs, if you want more consumption, what we need is ever-easing monetary policy. My point is that if one jelly donut is a fine thing to have, 35 jelly donuts is not a fine thing to have, and it gets to a point where it’s not a question of diminishing returns but it actually turns out to be a drag. I think we have passed the point where incremental easing of Federal policy actually acts as a headwind to the economy and is actually slowing down our recovery, and I am alarmed by the reflexive groupthink of the leaders which is if we want a stronger economy, we need lower rates, we need more QE and other such measures.”

    And that, in a nutshell is it: everything else follows.

    Read moreDavid Einhorn Explains How The Federal Reserve Is Destroying America (Video)

    Vietnamese Banks Who Paid Dividend On Stored Gold, Were Quietly Selling It To Appear Solvent

    Vietnamese Banks Who Paid Dividend On Stored Gold, Were Quietly Selling It To Appear Solvent (ZeroHedge, Oct 26, 2012):

    Several months ago, we reported about a troubling development in Vietnam, happy inflationary host of one of the world’s most rapidly devaluing and best named currencies, that in direct refutation of Ben “Gold is not money, it is tradition” Bernanke’s claim that gold is just a trinket one can fondle with no inherent value, the local banks had gone as far as paying the local residents a dividend to “store” their gold (recall all those charges against gold that it never, ever pays a dividend….). However, as we subsequently warned, any time a bank, and especially an entire banking sector, is willing to pay you paper “dividends” for your gold, run, because all this kind of (s)quid pro quo usually ends up as a confiscation ploy. Sure enough, as Dow Jones reports today, the gold, which did not belong to the banks and was merely being warehoused there (or so the fine print said), was promptly sold by these same institutions to generate cash proceeds and to boost liquidity reserves using other people’s gold, obtained under false pretenses. And now, it is time for the forced sellers to become forced buyers, as “the State Bank of Vietnam, the country’s central bank, may allow local banks to buy up to 20 metric tons of gold over the next two months to improve their liquidity ahead of a ban soon on their use of gold as a means of boosting their operating capital.” What they mean is that having been caught engaging in an illegal reserve boosting operating, the banks are now “allowed” to undo their transgressions ahead of a “ban” on what inherently was not a permitted practice. What is left unsaid, of course, is that any gold anywhere in the world, that is not in one’s physical possession, and has been handed over to an insolvent bank (virtually all of them) for “safekeeping”, is currently being sold, lent out, rehypothecated and otherwise traded with, in a way that any demand for full delivery will generally be met with silence, blank stares and phone calls going straight to voicemail.

    From Dow Jones:

    Read moreVietnamese Banks Who Paid Dividend On Stored Gold, Were Quietly Selling It To Appear Solvent

    Italy: Court Sentences Berlusconi To 4 Years In Prison

    Bunga Behind Bars: Court Sentences Berlusconi To 4 Years In Prison (ZeroHedge, Oct 26, 2012):

    It seems Berlusconi’s recent comments on not running for office were very prescient as he has just been slapped with a four year jail sentence for tax fraud and banned from politics for five years:

    • *EX-PREMIER BERLUSCONI GUILTY OF TAX FRAUD IN TV RIGHTS TRIAL
    • *ITALY EX-PREMIER BERLUSCONI SENTENCED 4 YEARS BY MILAN COURT
    • *MILAN COURT BARS BERLUSCONI FROM POLITICS FOR 5 YEARS    :MS IM

    Bunga Bugga? We do note the farce of all this as DPA notes: Berlusconi will not serve his sentence if he appeals against the first instance judgement.

    The Cult Of AAPL Maybe Coming To An End …

    AAPL Reality Sinks In Sub-$600 As Option-Overlays Lifted (ZeroHedge, Oct 26, 2012):

    In english this looks like this:

    • Managers were grossly over-weight (in their books) AAPL
    • Wanted to reduce weight as AAPL’s weight in index reached peak levels and fundamental cracks started to show
    • Last few weeks have seen VWAP sell orders dominating
    • BUT – the algos can only clear so much and given the huge breadth of holdings…
    • Managers bought Option overlays with both hands and feet (as we noted yesterday) to protect through earnings
    • And today – with options open, they are unwinding the protection (implied vol dropping even as stock price plunges) and reducing net long exposure in size (see volume)…

    Bottom line – long-only managers will retain exposure (as index trackers) but clearly need to unwind some weight and anyone telling you this is all short-sellers is incorrect – the simple facts of VWAP fades and implied vol dropping suggests its long-exits as the cult of AAPL maybe coming to an end…