EUROPE | WHAT REALLY HAPPENED


EUROPE

May 09 22:24

brussels: euro monster bailout nears $1 trillion

Europe on Monday agreed a package of crisis aid for troubled eurozone countries that Spanish finance minister Elena Salgado said could hit 750 billion euros with IMF involvement.

May 09 22:01

EU approves $560B crisis fund for Europe

Europe's finance ministers approved in an emergency meeting late Sunday a "stabilization mechanism" that could provide at least 440 billion euros (US $560 billion) for a crisis aid package aimed at ensuring financial stability across Europe.

Webmaster's Commentary: 

It's another bailout. Europe's banks will be saved and the Europeans will be plunged further into debt.

May 09 16:39

Has the Power Elite Over-Reached?

The hysteria of the mainstream media over the plight of the EU and the necessity to salvage it is misplaced. As is the perception of some in the alternative media that the elite has planned the current unraveling in detail and is on top of the situation. We think, in fact, that the EU, in various ways, is verging on becoming yet another failed elite promotion and, as we have written before, it couldn't happen to a more deserving bunch.

May 09 10:23

Disgruntled Germans go to polls with Merkel's coalition under threat

The UK has been so immersed in political fever that another highly significant election has gone almost unnoticed. When Germans go to the polls in state elections today, at stake will be not only the future of Angela Merkel's ruling coalition in Berlin, but also the direction of Europe's biggest economy.

May 09 10:09

Voting underway in crucial German state election

Germans are casting ballots on Sunday in the country's most populous state. The vote is seen as a test for Chancellor Angela Merkel’s federal government and polls suggest the ruling coalition is in trouble.

May 09 08:53

Britain says it will not back European bailout fund

BRUSSELS — Britain said on Sunday that it will refuse to underwrite a European Union bailout fund worth some 60 billion euros that finance ministers want to agree at emergency talks in Brussels.

"We wouldn't participate in a European bailout fund," a British diplomat told AFP of moves for all 27 EU member states to guarantee borrowings destined to bailout troubled economies in the crisis-hit 16-nation eurozone.

May 09 07:45

Americans Have Been Bailing Out Foreign Banks for Years ... And We're Getting Ready To Do It Again

So not only are Americans bailing out our own too big to fail banks, but we're bailing out foreign mega-banks as well.

Even though bailing out Europe might make sense if America was flush with cash, things are different now. As Congressmen Kucinich and Filner wrote last June:

Our country and this body cannot afford to spend American tax payer dollars to bail out private European banks.

In addition, the U.S. is - of course - also contributing tens of billions of dollars towards the Greek bailout through its contributions to the International Monetary Fund. Some allege that the U.S. will secretly help bailout of all of Europe. See this and this.

May 08 18:38

British taxpayers ordered to bail out euro

Britain faces paying out billions of pounds under a European Union deal intended to prevent another financial crisis like the one in Greece.

All 27 EU finance ministers have been summoned to Brussels on Sunday to sign up to a “European stabilisation mechanism. Britain will be unable to veto this as it will be put through under the “qualified majority voting” system.

The deal, effectively to shore up the euro, was denounced as a “stitch-up” last night after it emerged Nicolas Sarkozy, the French President and Angela Merkel, the German Chancellor, had devised it behind closed doors and were attempting to push it through at a time when there is no clear government in Britain.

May 08 08:03

Huge National Debts Could Push Euro Zone into Bankruptcy

Webmaster's Commentary: 

One more time; when a private central bank issues the public currency at interest, the system is a pyramid that lasts only as long as ever-larger pools of new borrowers can be found to allow the creation of new money with which to pay the interest on the old money. When new borrowers cannot be found, the pyramid collapses. When everyone in the nation (or planet) is already in debt and cannot be persuaded to borrow any more, collapse is inevitable because it is designed into the system from its inception.

Do you get it yet? The bankers designed a system that would eventually place all the wealth into their hands, but never planned what to do when they actually succeeded and society stopped operating.

And these same greedy bastard bozos want to run the world?

May 08 07:15

Merkel urged to put struggling Germans first

Mrs Merkel has reasons to fear voters' anger. A deeply unpopular rescue package for Greece, which critics say she tried to delay until after the vote, is being rushed through parliament this week.

Meanwhile, cities like Wuppertal in NRW are on the brink of bankruptcy.

May 06 11:25

Paul Krugman: most likely scenario is for Greece to “leave the Euro”

To put it another way, Greece will become essentially a Third World country. How did this happen? It happened because central banks around the world engaged in Keynesian “expansion” by creating Dollars, Euros, you name it. Keynesians believe that such action can go on forever without creating any consequences. As you can see, that simply is not true.

May 06 08:26

ECB Recommends Tight Limits on Greek Cash Transactions

While promoting the Euro as a safe store of value the ECB opts for tight limits on cash transactions in Greece, limiting the role of cash Euros as a medium of exchange, one of the fundamental functions of a currency.

May 06 08:09

Are France and Germany In Trouble?

You know that Greece, Portugal and Spain are in trouble.

You probably know that the UK is threatened by the falling dominoes.

But as the following Reuters chart shows (based on information provided by BIS), France and Germany are the largest holder of Greek debt:

May 05 07:01

Three dead as Greece protest turns violent

At least three people have been killed in the Greek capital as protesters set fire to a bank during a general strike over planned austerity measures.

The fire brigade said three bodies were found inside the Marfin Bank in Athens. Two other buildings are also on fire.

Petrol bombs were thrown at police who responded with pepper spray, tear gas and stun grenades.

May 05 03:23

Greece brought to halt by general strike over cuts

Greece is braced for mass protests as angry workers stage a general strike over planned austerity measures.

Measures include wage freezes, pension cuts and tax rises.

Flights in and out of Greece stopped at midnight, and trains and ferries were not running early on Wednesday.

Now that's what you call a strike - things are coming to a head there now

May 03 09:36

Unconditional support for Israel 'is dangerous', say leading European Jews

More than 3,000 European Jews, including prominent intellectuals, have signed a petition speaking out against Israeli settlement policies and warning that systematic support for the Israeli government is dangerous.

The petition's signatories include French philosopher Bernard-Henri Lévy and Daniel Cohn-Bendit, a Greens leader in the European Parliament.

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May 01 07:32

Greek police and protesters clash as fury over economic chaos spills on to streets

Tens of thousands of protesters are gathering in central Athens and other Greek cities today for May Day rallies fuelled by anger at austerity measures needed to secure rescue loans for the near-bankrupt country.

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Apr 28 09:56

ECB may have to turn to 'nuclear option' to prevent Southern European debt collapse

The European Central Bank may soon have to invoke emergency powers to prevent the disintegration of southern European bond markets, with ominous signs of investor flight from Spain and Italy.

Apr 28 09:42

S&P has just downgraded Spain debt from AA+ to AA, Outlook Negative

Apr 27 10:02

S&P on Greek Debt Downgrade to Junk Status: Options Are Narrowing

There is no way this stops with Greece. The PIIGS, Portugal, Italy, Ireland, Greece and Spain, are about to become bacon.

Webmaster's Commentary: 

As long as people allow themselves to accept pretty printed pieces of paper that cost the bankers pennies as actual money, only to return the full face value of that paper as labor plus interest back to the bankers then the people of the world will always live as slaves to the purveyors of pretty printed pieces of paper. The trap of the Reserve system of banking, in which all public currency is the result of a loan from a private central bank is that the moment that first pretty printed piece of paper goes into circulation, more money is owed to the bank than is actually in existence. Debt enslavement is built into the system.

From the bankers' point of view the solution to the debt is to squeeze the peasants harder; to flog them into accepting that they must make do with less so that the bankers may have more.

But from the point of view of the people, who have nothing left to be squeezed out, the more obvious solution is to start hanging the crooks who created the system in the first place, along with the government that sold out the people to the Federal Reserve's machinations almost 100 years ago.

Apr 25 09:47

Greek domino topples; Rest of the “PIIGS” next!

But in the bond market, it’s been anything BUT quiet. In fact, the first major sovereign debt domino toppled this past week — in Greece.

The Mediterranean nation is buried under a massive load of debts and deficits, and the numbers are shocking.

Webmaster's Commentary: 

Greece should serve as warning to the rest of the world that the push for globalism only benefits the globalists and will subject the people of planet Earth to perpetual debt slavery so long as they believe they should pay for the reckless behavior of government and business.

Clearly the people of Greece (and Iceland) are too smart to fall for that hoax. I hope Americans are just as smart.

Apr 25 09:28

Greece hit by new riots as pressure grows to quit euro

Apr 24 06:33

Hungary Financial Authority Fines Deutsche Bank For Swap Deals

Hungary's financial market authority PSZAF fined Deutsche Bank AG (DB) for weakening the Hungarian forint significantly Oct. 15 2008, when Hungary was hit hardest by the global credit crunch

Apr 24 06:16

Watch the Euro for Important Clues on Global Markets

If you’re looking for clues on where stocks, commodities and global economies are headed, you might be better served keeping a close eye on the euro, rather than on the incoming stream of corporate earnings reports.

That’s because the ongoing crisis in the euro zone, and the respective threat that Greece and the other weak spots in Europe are posing to the lifespan of the euro, has very significant implications for global markets.

Apr 24 06:15

Cover-up investigation bishop Vangheluwe

Cover-up investigation bishop Vangheluwe

The Roman-Catholic Church in Belgium is investigating whether bishop Vangheluwe, who resigned yesterday, covered up cases of sexual abuse concerning his collegues as well.
The bishop stepped down after confessing having abused his little nephew for years.

Now reports surface Vangheluwe knew about sexual abuse by other clergy, without acting.

Possibly he even consecrated a deacon into office whom he knew abused a boy. The deacon's victim by then had already committed suicide.

Apr 23 16:25

Trouble is brewing in Georgia

Relations between Russia and Georgia have turned even more frosty than they already were, over the past few months.

Apr 23 10:18

Greece calls on EU-IMF rescue loans

Greece has formally asked for the activation of an EU-IMF financial rescue package to help pull the debt-ridden economy out of its crisis.

It had hoped that just the promise of EU support, agreed last month, would have been be enough to reassure markets and help its recovery.

But Greece's problems have continued to hit investor confidence in the euro and other European economies.

Eurozone countries will now provide tens of billions of euros in loans.

Apr 23 08:48

Escalating Greek default fears rock Europe's debt markets

Goldman Sachs said it is expecting Greece to offer some sort of “voluntary debt-restructuring” to creditors over coming months.

Webmaster's Commentary: 

Actually, Greece needs to sue Goldman Sachs out of existence!

Apr 22 21:37

US Rules Out Removing Its Nukes From Europe

Despite increased calls from European officials to remove them, the United States today ruled out moving its hundreds of “battlefield nukes” from Europe, insisting that they must remain to ensure that Europe shares the “nuclear risks and responsibilities.”

Apr 20 12:06

POLAND: TRIUMPH AND TRAGEDY

The crash on 10 April of an airliner carrying Poland’s president, Lech Kaczynski, his wife and 94 of the nation’s political, military and economic leaders, was a heart-rending tragedy.

But for Poles, tragedy is a constant. Poland’s epic, thousand-year history has always alternated between extremes of tragedy and triumph.

The accident was especially bitter because President Kaczynski and his delegation were flying into the Russian city of Smolensk to attend the 70th anniversary of the notorious Katyn massacre.

Apr 17 17:40

Volcanic invisible (?) plume of grit closes Euorpean airspace

Volcanic ash causes air traffic chaos in Europe
14:57, April 17, 2010
The volcano in southern Iceland's Eyjafjallajokull glacier sends ash into the air Friday, April 16, 2010. Thick drifts of volcanic ash blanketed parts of rural Iceland on Friday as a vast, invisible plume of grit drifted over Europe, emptying the skies of planes and sending hundreds of thousands in search of hotel rooms, train tickets or rental cars. (Xinhua/AFP Photo)
After at least nine countries announced the closure of airspaces as a preventive measure on Thursday, Switzerland on Friday announced the closure of its airspace as the ash cloud approached, the official Swissinfo.ch news website reported.

Apr 16 06:56

Morgan Stanley fears German exit from EMU

Morgan Stanley has warned that the Greek debt crisis is setting off a chain of events that may prompt German withdrawal from the eurozone, with grim implications for investors caught off-guard.

Webmaster's Commentary: 

And a major kneecapping for the globalists.

Apr 15 05:08

Britain turns into no fly zone due to volcanic ash cloud

British airspace has been turned into a no-fly zone as all flights from and to the UK were suspended due to a massive volcanic ash cloud caused by an eruption in Iceland.

Apr 14 12:30

Cache less society have a look at crime.


The head of the Swedish Work Environment Authority (Arbetsmiljöverket) has raised the prospect of a ban on cash in Sweden's retail stores to help tackle the growing problem of robbery.

Same old script... Problem, action, solution.
At the same time here in sweden the crime is at a record low. But that wont stop the state own TV to send a documentary about how cache drives crimes and criminals. Do you also feel the foul smell of a coordinated PR drive?
But no one talks about the growing problem of robbery done by the government.

Apr 13 11:33

Did The Fed Just (Surreptitiously) Bail Out Europe?

Apr 10 08:25

Global Markets Giving Three More Warning Signals for the Euro

It’s been two weeks since the bailout speculation surrounding the Achilles’ heel of the euro zone, Greece, has had some closure.

European officials kept the balls in the air as long as they could in an attempt to distract speculators … to manage fears of a Greek and euro-zone crisis. It was a carefully orchestrated game of confusion.

The objective of the game: Tamp down negative sentiment toward Greece’s debt problems and the potential knock-on effect of other weak euro nations, and the resulting selling pressure against the shared currency of those nations — the euro.

Apr 06 15:58

Israel and the question of legitimacy

As the world wakes up to the reality of the colonial implant in the Middle East known as Israel, the hitherto unthinkable question of that implant’s legitimacy is on more people’s lips than ever before.

Thanks to the internet, which is allowing a growing number of ordinary people to learn the truth about Israel, and thanks to the brutality and barbarousness of the Zionist entity itself, the previously taboo question of how an essentially illegitimate and lawless rogue state came to acquire so much power and support in the United Stated and in the former imperialist powers of Europe is begging to be answered.

Apr 06 07:09

Why Greece Will Default

Bottom line: The EU may continue to throw sweet nothing kisses (and maybe some pocket money)to Greece, but the financial end is near. Greece may survive a year, until the intrest rate paymnets swallow the country up, but it may only have hours if traders say, "enough".

Mar 30 11:36

Europe unlikely to join any new yuan offensive

If Washington picks a fight with China over the weakness of the state-managed currency, it will do so without European reinforcement, not least because the euro has weakened in tandem with Greece's debt crisis.

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Mar 29 10:03

How the European Parliament is spending your taxes

Here are highlights of the draft budget proposed by the European Parliament for its own building programme:

* €40 million for new office space in Brussels to accommodate the 150 new staff members and 66 contract staff
* €586 million to renovate and extend the European Parliament building in Luxembourg (you didn’t know that the European Parliament had a building in Luxembourg as well as Brussels and Strasbourg, did you?)
* €80 million to provide an additional office for each MEP for the accommodation of a third or fourth assistant
* €10 million for a second creche in Brussels
* €20 million for a “House of European History”

Mar 29 07:44

New EU Gestapo Spies On Britons

MILLIONS of Britons face being snooped on by a new European intelligence agency which has been handed frightening powers to pry into our lives.

Europol can access personal information on anyone – including their political opinions and sexual preferences – if it suspects, rightly or wrongly, that they may be involved in any “preparatory act” which could lead to criminal activity.

The vagueness of the Hague-based force’s remit sparked furious protests yesterday with critics warning that the EU snoopers threaten our right to free speech.

Mar 27 06:16

CIA paper reveals plans to manipulate European opinion on Afghanistan

Out-of-the-box' CIA think tank proposes concerns over women's rights, fear of terrorism as ways to boost support for Afghan war

Evidently spooked by the collapse of the Dutch government over the country's involvement in Afghanistan, the CIA has put together a strategy proposal to prevent what it fears could be a "precipitous" collapse of support for the war in Afghanistan among European allies.

A document marked "confidential / not for foreign eyes," posted to the Wikileaks Web site, suggests strategies to manipulate European public opinion on the war, particularly in France and Germany.

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Mar 25 14:28

EU must die: Farage on Euro plunge, Wilders ban and slagging the president

The collapse of the Euro would benefit the European economy. That's the view of Nigel Farage, a British politician and former leader of the United Kingdom Independence Party. He also claims that immigration in the UK is out of control. He shared his views with RT's Laura Emmett - that's coming up next.

Mar 24 16:32

U.S. Is Riskier Than Euro Zone; So Says CDS Market

Something troubling has occurred in the market for default protection on the debt of the world's biggest borrower.

As the folks at Standard Poor's Valuation and Risk Strategies division noted in a research note Monday, the difference between the spread on U.S. sovereign credit default swaps and an equivalent benchmark for AAA-rated euro-zone sovereigns flipped into positive territory March 12. As U.S. CDS spreads expanded to their widest levels in two years, that cross-region gap blew out to 5.7 basis points last Friday before narrowing to 4.7 Tuesday.

Mar 23 07:45

How Sovereign is Europe? Washington has Murdered Privacy Rights at Home And Abroad

The American sheeple quietly accepted the complete destruction of their right to privacy. Encouraged by success in smiting the American people, Washington has now destroyed the privacy of Europeans.

Indeed, the "freedom and democracy" government spies on the entire world and sends drones into foreign countries to murder people disapproved by Washington.

Washington denounces other governments for human rights violations while itself violating human rights every day.

Washington puts foreign leaders on trial for war crimes, while committing war crimes every day.

What happens when the dollar goes and Washington no longer has the money to bribe compliance with its demands? When that day arrives, freedom will reemerge.

Mar 20 07:23

Greece - Bomb hits Pakistani leader's home in Athens

A bomb has exploded outside the home of a Pakistani community leader in the Greek capital Athens - the second blast in the area in less than 24 hours.

Mar 20 07:17

Next Leg for the Euro: Down

In the first act of the euro-zone sovereign debt shock, shaky Greek government finances exposed the structural flaws of the euro. And as the lens of scrutiny widened, the potential domino effect of weak euro-zone countries combined to represent a viable threat to the future existence of the euro.

Mar 19 16:32

Markets spooked as Greek rescue plan crumbles

Europe’s rescue plan for Greece appears to be crumbling after the country threatened to call in the International Monetary Fund unless Brussels comes up with real money on acceptable terms within a week.

Mar 19 16:19

Markets spooked as Greek rescue plan crumbles

Europe’s rescue plan for Greece appears to be crumbling after the country threatened to call in the International Monetary Fund unless Brussels comes up with real money on acceptable terms within a week.

Mar 19 10:19

Latvia government collapses amid economic crisis

Latvia's coalition government has collapsed after failing to tackle a crippling economic crisis.

Webmaster's Commentary: 

How many more governments will have to collapse before the United Nations steps in and offers to set up a new global financial system "for our own good."

After all, the other two pillars on which the UN hoped to build a foundation for global dictatorship, the global pandemic and global warming, have both collapsed. Global financial melt-down is the only card they have left to play!

Mar 19 08:55

EU MEDDLING WITH HEALTH FOOD STORES PUTS 4,000 JOBS AT RISK

Mar 19 08:52

Silvio Berlusconi caught out trying to stifle media

Wiretaps of Silvio Berlusconi haranguing a broadcasting official over what he saw as politically hostile programming have prompted new criticism of the Italian premier for attempting to stifle the media.

Mar 19 08:00

Douglas Christie: Thoughts on the Release of Ernst Zündel

Mar 18 09:50

Judge orders banks to trial over Milan bond deals

A judge in Milan ordered banks JPMorgan, Deutsche Bank, Depfa, UBS and 13 people to stand trial for alleged fraud in the sale of derivative instruments, the prosecutor told AFP on Wednesday.

Mar 18 09:39

Should the EU subsidise Israeli security?

The inclusion of Israel in the European Security Research Programme undermines the EU's commitment to even-handedness in the Middle East.

Mar 17 14:58

Greek police brutality against photographers

Flickr photos from march 10.

Mar 17 11:04

Euro Crisis - Latvia And The PIGS

Two million people took to the streets of Athens last week in the country's second general strike this month, protesting the austerity measures proposed by their socialist government. All of Greece came to a 24-hour standstill and the airport was closed as a result of the action. The only public transport was the commuter train so that protesters could reach the demonstration.

Mar 16 18:41

EU money spent on skiing trips and 'TV propaganda'

The European Parliament has come under fire for spending millions of pounds of taxpayers' money on a "propaganda" television service, ski trips and language lessons for staff.

Mar 16 07:12

UK taxpayer 'WILL pay tens of billions of euros for Greek rescue'

The UK taxpayer could still end up forking out for the bailout of debt-stricken Greece despite Treasury assurances, politicians warned last night.

The fears come as eurozone finance ministers are today expected to discuss a package of aid worth tens of billions of euros for the ailing country.

Philip Davies, Tory MP for Shipley, last night said it would be 'unacceptable' for UK taxpayers to be asked to pay any money to help Athens.

Mar 15 08:13

Survey: 31% of Europeans blame economic crisis on Jews

Anti-Defamation League poll conducted in seven European countries shows almost half of Europeans believe Jews more loyal to Israel than countries they live in, 40% say Jews have too much power.

Webmaster's Commentary: 

Anti-Semitism is hating Jews just because they are Jews. And that is indeed wrong, just as it is wrong to hate Blacks just for being Blacks, or the French for being French.

But it is perfectly correct to hate people who do hateful things. I am certain that the thousands of people whose lives were ruined by Bernie Madoff-with-the-loot hate him, and his race has nothing to do with it. It is his ACTIONS that are the issue. And the actions of all people are judged by all other people. Nobody should be above criticism for their actions simply because they are Jewish or support Israel!

Likewise, it is Israel's ACTIONS, in particular the continuing theft of Palestinian lands, that are the source of negative publicity about Israel. If Israel were to draw its borders like any other nation and live within them, most of the problems in the Mideast would vanish. If Israel would grant to the Palestinians the same right to exist Israel demands for itself, most of the problems in the Mideast would vanish. Criticism of Israel is not based on their race or religion but on a continuing attitude that the rules under which other nations live do not and should not apply to Israel. Case in point; Israel's nuclear arsenal, which Israel will not allow the IAEA to inspect. Israel also refuses to sign the Nuclear Non-Proliferation Treaty, yet Israel is always the first to point accusing (and wrong) fingers at other nations developing power plants such as Iraq and Iran and on the case of the former, to bomb them. Any nation that acts is such a belligerent fashion, regardless of their religion or race, is deserving of sharp criticism from the rest of the world.

Dismissing the actions of people like Bernie Madoff as hate for the Jews makes as much sense as dismissing the actions of people like Adolf Hitler as hate for the Germans!

Mar 15 07:49

The GM war in Europe starts here

Brussels bureaucrats want to spread GM crops throughout Europe, against the will of most of its people, says Geoffrey Lean.

Not just a spud, this is likely to prove a very hot political potato indeed. It is living, knobbly proof of the determination of Brussels bureaucrats to spread GM crops throughout Europe, against the will of most of its people.

Mar 14 18:47

Bailout deal for Greece? Just rumors!!!

It looks like these FALSE RUMORS of a bailout are being driven by speculators - and particularly Goldman Sachs - in an effort to PROP UP THE EURO against the US dollar. Greece has said they don’t want or need a bailout. Germany has said that Greece needs to take care of its own problems and Germany won’t jump in and give them any money. Nothing has changed in the positions of Greece or Germany throughout this whole matter.

Mar 14 16:48

Anti-Semitism – Zionist myth vs truth and reality

Alan Hart views the myth and reality of anti-Semitism and argues that the myth, created and propagated by Israel and Zionism, is the single biggest potential threat to Jews the world over.

Mar 14 10:32

Anti-Berlusconi strike paralyzes Italy

Italy has been hit by a nationwide worker strike following a call by the country's largest trade union, which has protested at Rome's economic and immigration policies.

Webmaster's Commentary: 

DON'T FORGET THE NATIONAL STRIKE HERE IN THE US APRIL 15-TH THROUGH APRIL 18TH (Tomorrow is a dress rehearsal for those who can make it!)

Mar 14 05:29

Iceland, the Mouse that Roared

We as a society need to start producing again. We need to start competing with others who wish to produce. This is how wealth is created. The more wealth we create, the more prosperous we all become. For a few decades now, we have tried to maintain our lifestyles with a service economy. It didn´t work. Now the economy is collapsing worldwide. Now the banks are hoarding that which they created and are trying to claim the real wealth that should be owned by private sovereigns. We need to ask ourselves, can we be proactive and stop this before we wake up and find ourselves in the same boat as Iceland? If not, will we simply say no and refuse to pay as they did, or will we allow our society to break down and resort to violence as the Greeks?

Mar 13 07:04

Call girl ring ‘of 350 women’ linked to alleged corruption over Rome G8 contracts

A prostitution ring linked to alleged corruption in the awarding of public works contracts for the G8 summit in Italy involved as many as 350 women, investigating magistrates said yesterday.

The apparent scale of the “sex for favours” affair, which was previously said to involve three or four women, is a further blow to the centre-Right Government of Silvio Berlusconi.

Mar 12 09:06

Greece rocked by riots as up to 60,000 people take to streets to protest against government

Street clashes broke out between rioting youths and police in central Athens today as tens of thousands demonstrated during a nationwide strike against the cash-strapped government.

Mar 12 06:05

Israeli historian: Israel could find itself forced to wipe out Europe

“We have hundreds of nuclear warheads and missiles that can reach different targets in the heart of the European continent, including beyond the borders of Rome, the Italian capital,” Karfeld said, adding that most of the European capitals would become preferred targets for the Israeli air force.

The Israeli historian reiterated Israel’s ability to destroy the whole world whenever it felt its existence would be doomed to extinction.

Mar 11 11:32

CIA got town high on LSD, says writer

I n 1951, a quiet, picturesque village in southern France was suddenly and mysteriously struck down with mass insanity and hallucinations. At least five people died, dozens were committed to asylums and hundreds afflicted.

Mar 10 14:20

The Icelandic People Scored a Victory in the Struggle for Democracy

Until the last minute the government had tried to discourage the voters from voting. The Prime Minister and the Minister of Finance both said they would not participate in the referendum. They saw it as a “waste of money” and a “farce”.
This disregard for the very people who had put them into office angered just about everybody who is the slightest bit interested in politics here.

Mar 10 11:47

Riots in Athens as thousands protest against cutbacks

Mar 08 19:01

Afghanistan: NATO's Graveyard? Is the Transatlantic Alliance Doomed?

Celebrating its 60th birthday this year, NATO is looking peaked and significantly worse for wear. Aggressive and ineffectual, the organization shows signs of premature senility. Despite the smiles and reassuring rhetoric at its annual summits, its internal politics have become fractious to the point of dysfunction. Perhaps like any sexagenarian in this age of health-care crises and economic malaise, the transatlantic alliance is simply anxious about its future.

Frankly, it should be.

Mar 08 18:05

GREEK POLICE TURN ON THE GOVERNMENT???????

In Athens, Greek Ministry of Internal Affairs officers stormed the state printing office. It is reported by TV channel "Russia 24".

Greek police want to prevent the publication of government paper with the text of the law of the new stringent economy measures of the federal budget. According to the law of the country, passed a law can come into force only after publication in the official newspaper of the Government of Greece.

The bill, which caused such a reaction, provides a significant reduction in salaries, bonuses and holiday pay, the growth of other taxes and excise taxes.

Mar 08 15:01

Is Europe planning seal of approval for Israeli settlers?

Jonathan Cook reports that the Organization for Economic Cooperation and Development is set to accept Israel as a member – thus conferring legitimacy on its illegal occupation of Arab lands – despite Israel’s failure to meet a number of OECD criteria, including on corruption, copyright and wealth disparity.

Mar 08 09:09

UK promises flexibility after Iceland shouts 'no'

Britain is "prepared to be flexible" to reach a deal with Iceland over the £2.3bn debt owed since the collapse of the online savings bank Icesave, the Chancellor, Alistair Darling, said yesterday.

Webmaster's Commentary: 

Britain is trying to make nice here because they realize that if the people of Iceland flat-out refuse to cover the bank losses there is little that Britain can do. Under the legal principle of Odious Debt, the people of Iceland are only obligated for debts incurred by the government for the betterment of the people of Iceland, such as schools, hospitals, and civil infrastructure. Clearly, saving a private corporation from their own reckless folly does not fall into that category!

Yes, Britain could invade and easily take control of Iceland, but the political costs of such an invasion would be high. Gone forever would be the myth that modern wars are fought for high ideals like freedom and democracy. An invasion of Iceland would show to all the world that Britain had returned to the days of enslavement by military force.

Mar 08 08:59

'We will not offer Greece a cent': German economy minister deals hammer blow to Athens as rioters attack police on the streets

It could almost be a battle from Greece's ancient past - a melee of fighting at close quarters with shields, raised weapons and flags.

But this was the scene in Athens yesterday as riot police clashed with protesters outraged by cutbacks designed to slash the country's huge budget deficit.

The violence came as Germany ruled out offering Greece 'a cent' of financial aid, insisting it should sort out it own problems.

Webmaster's Commentary: 

The European Union turned out to be nothing more then a larger scale looting of the people. And now that the Greeks and Icelanders have decided they no longer want to be looted, this could tear the EU apart.

Mar 08 05:34

First Iceland, then the World

Who cleans up the mess when ignorant, greedy bankers rack up massive debt then go broke? The people of Iceland made a strong statement Saturday. The sins of big bankers and government regulators shouldn't fall on the citizens. By a 93% to 2% margin, they voted down a proposal requiring them to cover bad debt incurred by one of the nation's oldest and largest banks. Covering the debt would have cost Iceland's 317,000 citizens around $17,000 each.

Iceland's national referendum was the first opportunity for the people of any nation to vote directly on who pays when the financial elite fail.

Mar 07 11:48

Condition Red: More Hidden Greek Debt Exposure Discovered

Gordon Long, founder of a private venture-capital fund, said in an investor note that there is more than $600 trillion in notational value in the global derivative market, with $437 trillion of it tied to interest rate swaps.

Mar 07 11:36

Angry Iceland Voters Reject Plan To Repay Britain, Netherlands

Still furious over the crippling aftermath of the global financial crisis, Iceland's voters on Saturday resoundingly rejected a $5.3 billion plan to pay off Britain and the Netherlands for debts spawned by the collapse of an Icelandic Internet bank, according to initial results.

Results returned from around 83,500 ballots — or more than 40 percent of the total ballots expected — counted so far showed that 93 percent of voters said "no" in the referendum, compared to just 1.5 percent who said "yes."

Webmaster's Commentary: 

The Icelandic people understand something that our Congress does not. Banks are private businesses, and private businesses that make reckless and foolish mistakes deserve to go out of business and government has no moral right at all to loot the general population to save rich bankers from their own greed and folly.

Mar 06 11:56

EU Chief Vows To Run UK Economy From Brussels

EUROPE’S chief bureaucrat last night provoked fury after threatening to use the “full force” of the Lisbon Treaty to impose economic control over every EU nation.

European Commission President Jose Manuel Barroso claimed that financial stability was so critical that sweeping new powers were needed for Eurocrats in Brussels to meddle in the economies of all EU members.

Mar 06 07:50

'Israel Violates International Law With EU Complicity'

Things are worsening for Israel from moral and legal perspectives. In fact, one year after the Goldstone Report on its ‘war crimes’ during its war on Gaza and amidst growing suspicions of its direct responsibility in the assassination of a Palestinian leader in Dubai, an international court has now concluded that Israel is violating international law with Europe’s complicity.

Mar 05 19:28

EU considers general carbon tax

The European Commission is planning an EU-wide minimum tax on carbon as part of the EU's green energy agenda - but the UK opposes such a move.

The minimum tax would apply to fuel, natural gas and coal.

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Mar 05 03:24

When is it OK to call people Nazis? When they're Euro-sceptics

Nation-states have, over the years, been a pretty sturdy defence against totalitarian ideologies, whether fascism, Soviet Communism or jihadi fundamentalism. Rooted as it is in organic loyalties, the nation is a naturally democratic unit. This is not to say that all nation-states are liberal democracies; simply that ideologies which claim to be bigger than national allegiances can be dangerous. They can even lead, as Mr Verhofstadt really ought to know, to mass murder.

Mar 04 09:05

Mordechai Vanunu’s Nobel Stand

“He [Vanunu] has written letters to us this year and last year also, where he stated explicitly that he did not want to be a candidate for the Nobel Peace Prize. The reason he gave was that Simon Peres had received the Nobel Peace Prize, and Peres he alleged was the father of the Israeli atomic bomb and he did not want to be associated with Peres in any way.” – Geir Lundestad, Director of the Norwegian Nobel Institute and Secretary of the Norwegian Nobel Committee, 24 February 2010.

For the first time in the history of the Norwegian Nobel Committee, a preemptive request to withdraw a nomination—by the nominee—was made.

Mar 04 07:54

Gordon Brown Seeks To Change Law In Order To Further Support Israeli War Crimes

British Prime Minister Gordon Brown is defending his decision to change the law allowing private people to demand arrest warrants against foreign leaders and officers visiting Britain.

The government’s decision to change the law was made following an arrest warrant issued against Israeli Opposition Chairwoman Tzipi Livni, who was scheduled to visit London last year.

Mar 04 06:44

Greece should sell islands

'The Greek state must sell stakes in companies and also assets such as, for example, unpopulated islands,' Frank Schaeffler, a member of parliament for the pro-business Free Democrats, Merkel's coalition partner, told the Bild daily.

Webmaster's Commentary: 

"After all, those ultra-rich Wall Street CEOs need someplace to retire to with all their bailout trillions!"

Mar 03 07:37

Bailout 'would spark revolution'

A revolution will erupt if billions of euro more in taxpayers' money is handed over to Anglo Irish Bank, Enda Kenny has warned.

The Fine Gael leader said people can no longer tolerate massive public funding of the nationalised bank as it stands.

Webmaster's Commentary: 

A global revolution against the global banks. Now there is an idea!

Mar 02 08:34

Irish town criticised for snubbing Israeli ambassador

Irish Foreign Minister Micheal Martin has criticised an Irish town council's decision to remove a page signed by the Israeli ambassador from its guestbook.

Webmaster's Commentary: 

I guess the Irish Foreign Minister works for a foreign government!

Mar 02 08:14

The Fall of Greece

For Europe’s poorest countries, European Union membership has long held out the promise of tranquil prosperity. The current Greek financial crisis ought to dispel some of their illusions.

There are two strikingly significant levels to the current crisis. While primarily economic, the European Economic Community also claims to be a community, based on solidarity -- the sisterhood of nations and brotherhood of peoples. However, the economic deficit is nothing compared to the human deficit it exposes.

Webmaster's Commentary: 

In other words, as long as the member states of the EU were cash cows, the EU welcomed the, but now that hard times have hit, the favor is not to be returned!

Mar 01 10:12

One in four Germans wants microchip under skin: poll

HANOVER, Germany — It sounds like something from a sci-fi film, but one in four Germans would be happy to have a microchip implanted in their body if they derived concrete benefits from it, a poll Monday showed.

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