5-3-4-5-15 Gleaning Crude Spike Massive 7.4 Earthquake Dead Zone ZIRP 7 Days CERN Convergence
CERN is restarting its Large Hadron Collider (after a two-year massive upgrade) to start working on amazing experiments to reveal the identity of “dark matter” and to search for tiny black holes that could be gateways to parallel universes or alternate dimensions. Yes, modern physics and math actually indicate parallel universes are pretty likely — the big question is how to prove it.
The new, improved Large Hadron Collider (LHC) — humankind’s most powerful particle accelerator — begins firing proton beams again this month at almost twice the energy of its previous run. And CERN (the European Organization for Nuclear Research) expects to have the beams colliding at those energies by mid-May.
Besides the proton power, imagine the technical power needed to capture and crunch data at the world’s leading particle physics laboratory — probing the fundamental structure of the universe using the most complex scientific instruments and generating a phenomenal volume of data in the process!
How will CERN harness all that data?
Thanfully, CERN openlab has entered a three-year partnership with Seagate and is using Seagate’s Kinetic Open Storage Platform to more efficiently handle CERN’s colossal – and growing – data needs. The partnership will help CERN better manage the hundreds of petabytes of data that its Large Hadron Collider has generated to date, as well as the additional 2-to-3 petabytes of information it produces every month.
Seagate — harnessing the power of data to solve the world’s (and the universe’s) toughest problems!
“CERN creates a truly astonishing amount of data on a daily basis, and finding secure and efficient ways to store that information is one of the most important challenges we face,” said Alberto Di Meglio, head of CERN openlab. “We are excited to collaborate with Seagate on understanding how the Kinetic storage architecture could potentially contribute to the CERN infrastructure and aid the very demanding Large Hadron Collider program by reducing complexity and operational costs in our storage systems.”
How will we know if Dark Matter exists?
How will the LHC “discover” dark matter particles?
If dark matter does exist, it was produced at the time of the Big Bang (like all other matter). For scientists to figure out what kind of matter was produced at the big bang, they try to create conditions like that of the Big Bang. The closest we an get to replicating those conditions is at the point where protons collide inside the LHC. And the faster they can make protons collide, the closer they are to mimicking the temperature of the Big Bang.
Why does the LHC need so much more energy for its new set of experiments?
“It all comes down to E = mc2,” said physicist Josh Thompson, speaking with the Swiss Broadcasting Corporation last year. The “E” in Einstein’s equation, of course, stands for “energy“ — the LHC has previously run at 8 TeV (tera electron Volts). After this upgrade, the LHC’s “E” will be 62 percent greater at 13 TeV. “When we get more ‘E’ we can hopefully get more ‘m’ [mass] stuff coming out,” continued Thompson, pointing out that the increased energy will allow not only more mass but also heavier particles — the kind of particles that may prove the existence of dark matter.
Astrophysicists tell us that the matter we can detect — galaxies, stars, planets, comets, people, cosmic dust — comprise only 5% of the universe. The other 95% consists of dark energy (about 70%) and dark matter. We know essentially nothing about dark matter, except that physics and math indicate it must exist — just as scientists though the Higgs boson particle must exist, though it hadn’t been detected before 2012.
“Dark matter is a real problem in physics today. It’s one of the big puzzles,” CERN physicist Dave Charlton told the Swiss Broadcasting Corporation this month. “We don’t understand what 95% of the universe is made of. We know from astronomical observations that there is dark matter in the universe – probably five times as much as the normal everyday matter that we can see. So what is it? We don’t know. One very good possibility is the theory of supersymmetry, which predicts that dark matter is due to particles that we should be able produce at the LHC.”
Can we find a gateway to a parallel universe?
Another major project for the particle-smashing LHC is to search for tiny black holes, which might be gateways to parallel universes and new dimensions. The existence of multiple universes is a possibility that’s been well established by much observational and mathematical data of modern cosmology and particle physics. There are numerous theoretical models for multiple universes that can be supported by current data, but none are yet proven.
A paper published in Physics Letters B by scientists at the University of Waterloo in Canada — Ahmed Farag Ali, Mir Faizal, and Mohammed M. Khalil — proposes a way to prove that tiny black holes connect our universe to other universes. CERN intends to test this hypothesis. The LCH has previously been used to look for tiny black holes, but hasn’t yet succeeded. The paper’s authors suggested a possible explanation for the absence of black holes at the LHC. They’ve designed revised LHC experiments they hope will confirm their hypotheses — in the authors’ own words, their paper demonstrates “it is possible for black holes in six (and higher) dimensions to be produced at energy scales that will be accessible in the near future.”
If they succeed, these tests could confirm a reality far different from the one most of us are aware of — but familiar in some ways to fans of Star Trek and Isaac Asimov.
It could also confirm another well-established (but not yet widely accepted) theory about our very origins: that the universe did not in fact start with a single big bang, but that each universe is only part of an infinitely large multiverse with no beginning or end.
In On the Path of the Immortals, internationally acclaimed, investigative authors Thomas Horn and Cris Putnam continue the greatest investigation of our time by exposing the facts kept hidden from the public by elitists and intellectuals who are planning mankind’s assimilation under a coming “savior,” one whom the prophet Daniel foresaw as “an alien god.”
Tom Horn and Cris Putnam have been involved in a top-secret project over the last 2 years involving specific geographic locations where supernatural gateways are purported to exist. They actually sent two teams of investigators to remote locations and wound up filming things they did not expect.
Steve Quayle, Tom Horn & Cris Putnam will discuss these findings and how they relate to the coming deception.
There is one thing riskier than investing in a free market: investing in a rigged market when you think the Antichrist NWO 666 central bank has your back.
At some point, the free market returns with a vengeance, like a coiled spring made out of pure risk. That time may be coming soon.
Last week, German government 10-year bond yields suddenly spiked from just 8 basis points to 37 basis points.
Now, a 29 basis point (0.29%) jump may not seem like much, but with yields so slender, a move of that magnitude is easily enough to put a few leveraged funds out of business.
Bonds have never been more expensive in human history, and yet their supply has never been higher.
10-year US Treasuries yield just 2.1%. 10-year UK Gilts yield 1.84%. 10-year German government bonds now yield 0.37%. And that bug-in-search-of-a-windshield 10-year Japanese bonds yield 0.32%.
Bloomberg’s William Pesek highlights the tortured logic plaguing Bank of Japan Governor Haruhiko Kuroda as he attempts to escape from the corner of the bond market he has painted himself into:
“[Japan] defies the basic tenets of economics for the nation with the largest total debt, largest ratio of geriatrics and low rates of immigration to have lower bond yields than countries like Singapore, Sweden or Switzerland.”
When one of the world’s government bond markets finally blows up (Japan still looks like the primary candidate, but stranger things have happened), economists will scratch their heads and wonder where it all went wrong.
Wiser souls will wonder how economists could ever have thought that money printing was the answer to anything.
Quantitative easing is a squalid little lie. It appeals to economists with no grasp of history. It pretends that too much debt can be simply resolved through futile attempts at price controls and money printing.
The practical outcome of QE is that it turns the bond market into a no-go area for any rational investor.
We are now in the terminal stages of QE, during which the practical limitations of this fatuous and discredited policy are being revealed.
When you devalue money and distort the supposed risk-free rate, you devalue every aspect of the capital structure, and of society itself.
It seems hard to believe, but your government is purposely recreating the mortgage debacle of 2007 and putting you on the hook for the billions in losses coming down the road. In their frantic effort to generate the appearance of economic recovery they are willing to gamble with taxpayer’s money while luring unsuspecting blue collar folks into buying houses they can’t afford. During the previous housing bubble, greedy Wall Street bankers, deceitful mortgage brokers, and corrupt rating agencies colluded to commit the greatest control fraud in the history of mankind. This time it is your government, aided and abetted by the Federal Reserve, that is actively promoting the lending of money to people incapable of paying it back. And again, you the taxpayer will be on the hook when it predictably blows up.
The FHA, created during the first Great Depression, is supposed to be self-sustaining through mortgage insurance premiums charged to homeowners, just like Fannie, Freddie, Medicare, Social Security, and student loan lending were supposed to be self- sustaining through taxes, fees, and interest. This agency was supposed to promote homeownership for lower income Americans, but has been used by politicians as a tool to capture votes, payoff crony capitalist benefactors, and as a Keynesian stimulus tool designed to kindle a fake housing recovery. They entered the fray at the tail end of the last Fed/Wall Street created housing bubble, insuring a huge number of subprime mortgage loans from 2007 through 2009. The taxpayer has already had to bail out this incompetent, politically motivated, joke of an agency to the tune of $1.7 billion in 2014.
Edward J. Pinto, a former Fannie Mae official, estimates that under standard accounting practices the agency is already insolvent to the tune of $25 billion. Mark to fantasy accounting hasn’t just benefitted the criminal Wall Street cabal, but also the bloated pig government housing agencies – Fannie, Freddie and the FHA. The FHA’s share of new loans with mortgage insurance stood at 16.4% in 2005 and currently stands at 44.3%. This is a ridiculously high level considering the percentage of first time home buyers is near all-time lows and low income buyers have lower real median household income than they had in 2005. Distinguished congresswoman Maxine Waters, who once declared: “We do not have a crisis at Freddie Mac, and particularly Fannie Mae, under the outstanding leadership of Frank Raines.”, prior to them imploding and costing taxpayers $187 billion in losses, thinks the FHA is doing a bang up job. Her financial acumen is unquestioned, so you can expect another bailout in the near future.
“Above all, we must strive to have a healthy, viable FHA that can continue to facilitate homeownership for first-time and low-income home buyers, while standing ready in the unfortunate event of another housing downturn.”
How could politically motivated government apparatchiks insuring subprime mortgages with down payments of 3.5%, using weak underwriting standards, easing restrictions on borrowers with past foreclosures, in a housing market poised to drop by 20% when this next Fed/Wall Street housing bubble pops possibly go wrong? The entire faux housing recovery, which has driven average home prices up 30% since 2012, has been driven on the high end by The Wall Street hedge fund buy foreclosures in bulk and rent scheme, along with hot money cash from Chinese and Russian oligarchs, while the low end is being propped up by Fannie, Freddie, and the FHA with their brilliant idea to insure 3.5% down payment mortgages to future foreclosure aspirants.
We have the employment to population ratio at 35 year lows. We have had stagnant real wage growth since 2008 as low paying service Obama jobs have replaced higher paying production jobs. We have real median household income at 1989 levels and still 9% below the 2008 peak. We have mortgage applications 56% below the 2005 peak and hovering at 1996 levels. We still have 4 million homeowners underwater in their mortgages. We have housing starts languishing 40% below the long-term average. We have the home ownership rate of 63.8% at quarter of a century lows. We have mortgage rates at all-time lows. And we have home prices soaring far above the inflation rate and wages because the Federal Reserve, in collaboration with the Federal government decided to create another housing bubble (along with stock and bond bubbles) to rectify the disastrous consequences of their last housing bubble.
The FHA has $64 billion of liabilities on their balance sheet supported by $3 billion of capital. They are currently accelerating their guarantees to subprime borrowers with 3.5% down mortgages. Fannie and Freddie will purchase mortgages with only 3% down payments. Wall Street issued $1 trillion of mortgage backed securities last year, with the Fed buying 20% of the issuance as part of QE3. If this sounds like a replay of the waning days of the last Fed induced housing bubble, it’s because it is. Both debacles have been fueled by the mal-investment created by an easy money, excessively low interest rate environment, designed to benefit bankers, billionaires, politicians and mega-corporations. The Fed already has $1.7 trillion of Wall Street generated toxic mortgage debt on its bloated balance sheet. By the time this imminent catastrophe runs its course, there will be another trillion of toxic mortgages polluting their insolvent balance sheet.
To paraphrase H.L. Mencken, anyone who wants the government and Federal Reserve to create a housing recovery, deserves to get it good and hard, like a four by four to the side of their head. Subprime mortgages, subprime auto loans, and subprime student loans driven by preposterously low interest rates are the liquefying foundation of this fake economic recovery. Most rational people would agree that loaning money to people who will eventually default is not a good idea. But it is the underpinning of everything the Fed and government apparatchiks have done to keep this farce going a little while longer. It will not end well – Again.
When the music stops, the taxpayer will be on the hook again, as the FHA will need a $25 billion to $50 billion bailout. The FHA is flying under the radar, still in the shadow of equally insolvent Fannie and Freddie. Their mission is supposedly to help lower income people achieve the American Dream, but their politically motivated actions today will lead to millions of borrowers experiencing an American Nightmare and taxpayers footing the bill for their crackpot Keynesian scheme, aided and abetted by the Janet Yellen and her Fed cronies.
Australia’s Antichrist NWO 666 central bank cut its cash rate a quarter point to an all-time low of 2.0 percent on Tuesday, aiming to spur a sluggish domestic economy while keeping downward pressure on the local dollar.
Hardly the stuff rate hikes are made of…
Remember that in a beggar thy neighbor world, where currency warfare has once again broken out between the US, Europe and Japan, for every winner there is a loser. In this case, the loser is the one country that has decided that a strong currency is a great thing for its economy (if only for the time being): that would be the US.
Why is this relevant? Because as the chart below shows, US trade excluding Petroleum, just crashed to $43.7 billion, the worst print in the history of the series, suggesting that portrayals of the US as a resurgent export powerhouse are completely erroneous, and that instead the US is as big a net importer of goods and services (and soon to be oil) as ever.
Deagel has posted an update to its forecast for a coming economic collapse of the United States and the resulting 78% “depopulation” of the US that will occur.
The collapse of the Western financial system will wipe out the standard of living of its population while ending ponzi schemes such as the stock exchange and the pension funds. The population will be hit so badly by a full array of bubbles and ponzi schemes that the migration engine will start to work in reverse accelerating itself due to ripple effects thus leading to the demise of the States.
The death toll will be horrible.
The American downfall is set to be far worse than the Soviet Union’s one. A confluence of crisis with a devastating result…
After shrinking notably in Feb, March’s US Trade deficit exploded. Against expectations of a $41.7bn deficit, the US generated a $51.4bn deficit – the worst since Oct 2008 and the biggest miss on record. Exports rose just $1.6bn while imports soared $17.1bn with the goods deficit with China soaring from $27.3bn to $37.8bn in March.
Ironically, just as the “harsh winter” was found to lead to a GDP boost due to a surge in utility spending, so the West Coast port strike which was blamed for the GDP drop, was actually benefiting the US economy as it lead to a plunge in imports. In March, however, the pipeline was cleared, and US imports from China soared by over $10 billion to $38 billion. End result: prepare for upcoming Q1 GDP downgrades into negative territory, which with a Q2 GDP of 0.8% (per the Atlanta Fed) means the US is this close form a technical recession.
Worst trade deficit since Lehman.
For years, the president of the United States has sat down with those in the LGBTQ community but has failed to hear the stories of those of us who have successfully left the homosexual lifestyle. As someone who spent 14 years in the homosexual lifestyle and then experienced the transforming power of Jesus Christ, I know it is possible to be set free. For 17 years, I have been living proof.
A very strong earthquake measured by Geoscience Australia as M7.4 at a depth of 35 km (21.7 miles) hit New Britain, Papua New Guinea at 01:44 UTC on May 5, 2015. USGS is reporting this quake as M7.5 at a depth of 42 km (26.1 miles).
According to Geoscience Australia, this is third M7.1+ earthquake to hit this region since April 30, 2015 (M7.1 on April 30; M7.1 on May 1). USGS recorded those two quakes as M6.7 and M6.8.
By 05:10 UTC, USGS recorded 5 strong aftershocks.
Epicenter was located about 130 km (81 miles) SSW of Kokopo, 193 km (120 miles) E of Kimbe, 341 km (212 miles) SSE of Kavieng, 412 km (256 miles) WNW of Arawa, and 680 km (423 miles) NE of Port Moresby, Papua New Guinea.
There are about 39 736 people living within 100 km radius.
Based on the preliminary earthquake parameters, hazardous tsunami waves are possible for the coasts located within 300 km of the earthquake epicenter, PTWC said in their 01:50 UTC Tsunami Threat Message. Tsunami waves reaching 0.3 to 1 meters above the tide level are possible for some coasts of Papua New Guinea.
…serious global quake uptick happening
GEOFON New Ireland Region, P.n.g. May 05 05:02 5.2
EMSC Bougainville Region, P.n.g. May 05 05:02 5.2
GEONET Te Araroa May 05 04:44 5.0
USGS Kokopo, Papua New Guinea May 05 03:55 5.2
EMSC New Britain Region, P.n.g. May 05 03:55 5.2
GEOFON New Britain Region, P.n.g. May 05 03:55 5.9
GEOFON Vanuatu Islands May 05 02:44 5.1
EMSC Vanuatu May 05 02:44 5.2
USGS Kokopo, Papua New Guinea May 05 02:40 5.
EMSC New Britain Region, P.n.g. May 05 02:40 5.2
GEOFON New Britain Region, P.n.g. May 05 02:40 5.7
EMSC New Britain Region, P.n.g. May 05 02:06 5.5
GEOFON New Britain Region, P.n.g. May 05 02:06 5.5
EMSC New Britain Region, P.n.g. May 05 01:58 5.6
USGS Kokopo, Papua New Guinea May 05 01:58 5.6
USGS Kokopo, Papua New Guinea May 05 01:54 5.9
GEOFON New Britain Region, P.n.g. May 05 01:54 7.2
EMSC New Britain Region, P.n.g. May 05 01:53 5.8
PTWC May 05 01:50 7.5
USGS Kokopo, Papua New Guinea May 05 01:44 7.4
USGS Kokopo, Papua New Guinea May 05 01:44 7.5
EMSC New Britain Region, P.n.g. May 05 01:44 7.4
USGS Kokopo, Papua New Guinea May 05 01:44 7.5
GEOFON New Britain Region, P.n.g. May 05 01:44 7.0
WCATWC New Britain Region P.n.g. May 05 01:44 7.5
Even though mass surveillance threatens our liberty, violates the Constitution, and does nothing to protect us from terrorism, many in Congress still cling to the fiction that the only way to ensure security is to give the government virtually unlimited spying powers. These supporters of the surveillance state are desperate to extend the provisions of the PATRIOT Act that are set to expire at the end of the month. They are particularly eager to preserve Section 215, which authorizes many of the most egregious violations of our liberties, including the NSA’s “metadata” program.
However, Edward Snowden’s revelations have galvanized opposition to the NSA’s ongoing violations of our liberties. This is why Congress will soon vote on the USA FREEDOM Act. This bill extends the expiring surveillance laws. It also contains some “reforms” that supposedly address all the legitimate concerns regarding mass surveillance.
However, a look at the USA FREEDOM Act’s details, as opposed to the press releases of its supporters, shows that the act leaves the government’s mass surveillance powers virtually untouched.
The USA FREEDOM Act has about as much to do with freedom as the PATRIOT Act had to do with patriotism. If Congress truly wanted to protect our liberties it would pass the Surveillance State Repeal Act, which repeals the PATRIOT Act. Congress should also reverse the interventionist foreign policy that increases the risk of terrorism by fostering resentment and hatred of Americans.
Fourteen years after the PATRIOT Act was rushed into law, it is clear that sacrificing liberty does little or nothing to preserve security. Instead of trying to fool the American people with phony reforms, Congress should repeal all laws that violate the Fourth Amendment, starting with the PATRIOT Act.
WTI Crude is now up 43% from its mid-March lows (at $42), topping $60 for the first time since early December. This is a 25% retracement of the June to March drop. Despite near-record US production (rose last week WoW), record Saudi production, slowing global economies, and expectations that higher prices will bring a flood of new supply as cash-starved frackers start pumping again; it appears the squeeze combined with Middle East tensions is driving the resurgence (for now).
With yesterday’s machine-plunge long forgotten – another machine-surge run-stop guaranteed tagging $60 stops…
With speculation rife over how long Saudi Arabia is content to see oil prices slump (as we noted the nation’s record reserves plunge), the country’s oil minister told CNBC that only Allah knows where prices are heading.
Influential Saudi Oil Minister, Ali Al-Naimi, told CNBC Tuesday that “no one can set the price of oil – it’s up to Allah.” The remark comes amid widespread speculation over how long Saudi Arabia will maintain its decision not to cut production – a move that could support prices.
As it turns out, Russia is the U.S. second largest non-OPEC source of net petroleum products in the month of January. As we can see, Canada is the largest at 2.9 million barrels per day, Russia at 389,000 bd, Columbia 264,000 bd, Chad 93,000 bd and Mexico at 44,000 bd.
If we include OPEC countries net petroleum imports, Russia ranks 4th:
Canada = 2,950,000 bd
Saudi Arabia = 816,000 bd
Venezuela = 597,000 bd
Russia = 389,000 bd
Of the 4,825,000 bd of net U.S. crude oil and petroleum product imports in January, Russia’s 389,000 bd accounted for 8% of the total. When I did the research, I was quite surprised that the U.S. imported this much petroleum from Russia. Which is also why I find articles such as this one quite hilarious:
Ukraine: why the EU should block Russian oil imports
“However, the West’s heaviest economic weapon — a comprehensive embargo on oil imports from Russia — has not yet been employed, and is only sporadically discussed in public. The West is now intensively debating military-technological and training participation in Ukraine’s defence against action by Russia’s proxies.
But there is little consideration of the entire gamut of available western economic means to end the war. This is all the more surprising as EU sanctions against oil imports from Russia would be less costly for European countries than is often assumed. The EU’s large monthly purchases of Russian oil could be replaced by an increase of imports from other oil-exporting countries.”
The individual who wrote this article believes it’s a good idea for the EU- European Union to put pressure on Russia’s involvement in the Ukraine by cutting cut oil purchases. He continues with the following mind numbing wisdom:
If the West did not trade with Russia as much as it still does, the Kremlin would not have the financial means to conduct its “hybrid” operations — military interventions, propaganda campaigns, political manipulations, etc, in Moldova, Georgia and Ukraine.
I gather the author believes it’s only Putin who is the BOOGEYMAN in this Ukrainian situation. Furthermore, does he realize the U.S. still imports a nice chunk of its petroleum from the Russian Bear?? For some strange reason, the West seems to be suffering from serious BRAIN DAMAGE. While propaganda is taking place on both sides, it seems as if the West is dishing out a great deal more BS than Russia.
I make it an effort not to chat with people on this issue because they simply regurgitate what they hear or read from the MSM. According to information from the weekly John Batchelor-Prof Stephen Cohen interviews on Russia found on TFmetalsReport, Putin has an 86% approval rating by its citizens while Obama comes in at 45%.
Some may think those high Putin approval ratings are manipulated. However, the west also does polls in Russia and comes up with roughly the same approval ratings.
That being said, I don’t like to get into a political debate because it isn’t based on sound REASON or LOGIC. It’s based upon the misinformation, garbage or propaganda the MSM puts out on a daily basis. You cannot debate a person who is brainwashed in this fashion.
Regardless of the collective BRAIN DAMAGE of the West, the United States after all its saber-rattling, shipping of weapons and military personal to Ukraine, sanctions and some of the worst anti-Russian propaganda seen since the Cold War, the U.S. still imports a significant amount of petroleum from Russia.
This is the world we live in today…. total and complete BULL EXCREMENT. Believe me you, I am not anti-American. I am just anti-BS.
So, there you have it. I thought readers would find this information quite interesting. Nothing like the U.S. TALKING OUT OF BOTH SIDES OF ITS MOUTH to make ya feel right at home. We are living in interesting times. The amount of volatility in the markets is increasing and I fear the pressures will get so great, we will finally have our GREAT UNRAVELING sooner rather than later.
If you think you are smarter than the markets and are holding onto your U.S. Dollars, U.S. Treasuries, 401k, IRA, CD’s, or any other Wall Street issued paper garbage, waiting for the perfect time to get into physical gold and silver…. sorry, YOU AIN’T. The folks in charge of the pulling the strings already know what’s coming and when, and you and I aren’t including in that group.
After the Saudis allegedly halted their air campaign against Yemen’s Houthi rebels on April 21 (allegedly because it promptly resumed the very next day to almost no public announcement), the Yemen civil war and the “skirmishes” by Houthi rebels along the border with the world’s biggest oil exporter were quickly forgotten. Until this morning, when the Saudi press and social media has been overrun with reports that the Saudi city of Najran was shelled by Houthi mortars, an attack which Saudi advisor to the armed forces Ahmed Asiri said “will not pass without a response”.
A Saudi response now appears just a matter of time, and one which the oil-trading algos are eagerly expecting, pushing Brent to within two dollars of $68.
Have you ever wondered why Antichrist NWO 666 President Obozo The 911 Clown is so willing to chase Antichrist ISIS into Syria and risk war with Putz Putin Russia, but he allows an Antichrist ISIS base camp to remain intact only 8 miles from El Paso?
Both this article and the subsequent interview will answer the aforementioned question while demonstrating how the U.S. is funding the very enemy we are supposed to be trying to destroy. All is revealed in this “tell-all” in one of the most important interviews ever conducted on The Common Sense Show.
Scott Bennett Was a “Who’s Who” On International Terrorism and American PSYOPS
Antichrist ISIS is funded by the Antichrist NWO 666 CIA, so says Scott Bennett who is a U.S. Army Special Operations Officer (11th Psychological Operations Battalion, Civil Affairs-Psychological Operations Command), and a global psychological warfare-counterterrorism analyst, formerly with defense contractor Booz Allen Hamilton. He received a Direct Commission as an Officer, held a Top Secret/Sensitive Compartmentalized Information (TS/SCI)security clearance, and worked in the highest levels of international counterterrorism in Washington DC and MacDill Air Force Base in Tampa, Florida. He has developed and managed psychological warfare theories, products, and operations for U.S. Special Operations Command, U.S. Central Command, the State Department Coordinator for Counterterrorism, and other government agencies.
Bennett served in the G.W. Bush Administration from 2003 to 2008, and was a Social Science Research Fellow at the Heritage Foundation. His writings and lectures seek to enhance global awareness and understanding of modern psychological warfare, the international military-intelligence community, and global surveillance operations being artificially generated under the spectre of “National Security”.
The Message You Are Not Supposed to Hear
Scott Bennett was my guest on Sunday night, May 3, 2015, on The Common Sense Show. At least he was supposed to be my guest until both the servers and the live stream feeds, which are housed three thousand miles apart, were taken down by an unknown source. Fortunately, we were still heard by phone, but that was all. Scott Bennett is an expert on terrorism and the moment we got too deeply into the topic, somebody pulled the plug on our satellite provider, in multiple locations. However, the interview was preserved on our archives and is available for listening. What the bad guys must not realize that about 40 times more people listen to the archives than the live broadcast.
The net effect of taking down the bulk of our interview with Scott Bennett will be about the same as was NPR’s lame attempt to collectively disparage my reporting on Jade Helm. On May 3, my website analytics revealed that about 20,000 NPR readers actually came to The Common Sense Show website, directly from NPR, to take a look around because of the negative article. Thanks NPR and thanks to the people who attacked our show last night. As word spreads about how The Common Sense Show was attacked, the curiosity factor will double or triple our normal listenership. Thanks to NPR and the other would-be-assassins of the truth for helping our staff spread the truth partially through the law of unintended consequences.
Summary of the Interview
During the course of the interview, we spoke extensively on how 9/11 was most likely a CIA/Mossad operation and key written records were destroyed in two locations both at Building 7 and at the Pentagon. Had the financial records from either site ever been made public, this government would have been brought to its knees because of the massive financial corruption that would have been revealed.
We also spoke of Russian-American relations and the tragedy and needless rise of the new Cold War. Bennett stated our corporate greed and American hegemony has placed us in a position where we are now isolated from our allies and Europe is in the process of turning their collective backs on the United States in which Germany, for example, is likely to leave NATO and align with Russia.
Bennett has written extensively on the intelligence community’s surveillance activities addressed by Edward Snowden’s National Security Agency-Central Intelligence Agency materials; and since 2010, Bennett has filed numerous military-government whistle-blowing reports with Congressional Committees, including: the Intelligence, the Armed Services, the Government Oversight and Reform, the Homeland Security, the Judiciary, the Foreign Affairs, the Banking, and the Terrorism Committees. He has communicated with over a hundred Federal representatives, Senators, senior military officers and Pentagon officials, and journalists about the scandalous abuses of power and deception being employed against the American people by its own military-intelligence community; and the most damning report brought into the public sector occurred when he filed legal action against Booz Allen Hamilton and the Department of Defense for their involvement in secret Swiss Bank Terrorist Finance Operations, in which he uncovered with the help of Union Bank of Switzerland whistleblower, Brad Birkenfeld a massive terrorist funding program.
We know that Antichrist ISIS got its “beginnings” from U.S. military equipment deliberately left behind in Iraq. Bennett and I both agree that to leave unsecured weapons on a former battlefield was undoubtedly an intentional act because of the strict military protocols against such a practice. Again, he views Antichrist ISIS, which is a hybrid terrorist organization, as the artificial creation of the Antichrist NWO 666 CIA and the Antichrist NWO 666 Mossad in a joint operation. Ultimately, chasing Antichrist ISIS into Syria will result in Russian intervention and World War III. But first, we have to contend with Antichrist ISIS on our doorstep, only 8 miles from El Paso. This is the quintessential false flag cover in which they hope to convince most of America to accept martial law out of ignorance to the role that the Antichrist NWO 666 CIA and its allies will have played in the event. This parallels the letter I received from the Texas Ranger on the same topic in which he claimed that the Rangers are bracing for an attack by Antichrist ISIS against targets in Texas.
Insurance Against Harm
Scott Bennett’s information is so sensitive and so many careers and even individual freedoms rests upon what he reveals, or keeps secret, there are many who would like to see him dead. Subsequently, Bennett has taken steps to insure his longevity.
Bennett is all too keenly aware of what was done to journalist Michael Hastings after he and Michael Isikoff (NBC News) began investigating Bennett’s reports and materials in relation to the Edward Snowden and Brad Birkenfeld connections (CIA-NSA-Swiss Banks-Booz Allen Hamilton-Terrorist Finance). The Birkenfeld, Swiss banking connection, is telling. Birkenfeld oversaw money placed in Swiss bank accounts and then redistributed to terrorist organizations around the world. Subsequently, there are many who would like to see him dead. Bennett has taken steps to insure his longevity. Individuals have been killed for far less and Bennett issues the following warning on his website.
WARNING: In the event of my untimely death, additional documents and materials will be immediately released which expose all previously undisclosed persons, networks, operations, and financial accounts relating to illegal foreign and domestic terrorism activities. All materials have been safely uploaded to legal counsel. Congress and Military authorities have been notified of this.
This interview has prompted me to issue my own warning:
WARNING: The leadership of our present administration is a criminal enterprise. They have completely forsaken their oath of office. Administration officials are guilty of violating every precept of the United States Constitution. They have engaged in massive lying to the American people, and have absconded with American taxpayer money in order to enrich their corporate and bankster benefactors. They will not hesitate to install a brutal form of martial law in which untold numbers of American citizens will lose their lives and they are practicing for this eventuality, right now, through Jade Helm. These criminals in suits will think nothing about sending our children off to war to die in order to increase the bottom line of the Antichrist NWO 666 banksters. They will dress up this coming war as the patriotic thing to do. However, patriotism only serves to conceal the underlying and insatiable lust for power and wealth. This administration does not serve the needs of the people, we are its subjects and soon to be its slaves. Scott Bennett has only scratched the bare surface of how bad it is going to get here in the land of the free and the former home of the brave. I weep for the loss of my nation. Long live the King, the King is dead.
The interview with Scott Bennett can be heard by going to this link. Scroll down to the date, May 3, and simply follow the prompts. The interview is housed in hour number one and hour number two.
If your media player is up to date, you may also listen to the interview through the following links:
witnesses said that when Public Security Minister Yitzhak Aharonovitch appeared, protesters surged toward city hall and riot police moved in. As the riot police gathered at the foot of the stairs, they were struck repeatedly by a volley of rocks, sticks, and plastic and glass bottles.
Soon a melee erupted, and on the lower deck below city hall, a phalanx of mounted officers came under a sustained volley of rocks and bottles and charged the crowd. The protesters fell back and in a moment rallied, forcing the horses to gallop in the opposite direction as bottles and all types of projectiles – including at least one motorcycle helmet – soared at police both on foot and horseback.
At that moment police began firing stun grenades in rapid procession, the explosions echoing through the square, which took on a smoky haze.
Clashes continued, and by 11:30 p.m., police said, 26 officers had been injured. Magen David Adom paramedics said that by 11:30 p.m. they had treated 46 civilians and several police.
There were reports of officers using tear gas, but police would not confirm this, and most witnesses reported seeing only pepper spray used by policemen making an arrest. Regardless, it was a violent scene the likes of which Tel Aviv has not seen in recent memory.
By late evening a number of vandalized police cars and motorcycles stood immobile next to the square, and a few protesters were seen trying to light trash canisters.
The protest was held just days after a similar one in Jerusalem ended with arrests and injured protesters and police. Both were triggered by a video of an IDF soldier of Ethiopian ethnicity in uniform being beaten by a policeman and a police volunteer in Holon.
The protesters were mainly Israelis of Ethopian ethnicity, but they came from all walks of life and sectors of Israeli society.
There were many familiar faces from left-wing protests in Tel Aviv and a number of MKs, such as Merav Michaeli (Labor) and Ilan Gilon (Meretz), but the vast majority were young Ethiopian Israelis from across the country, incensed about what they say is rampant police brutality against their community and a prevalent racism they feel in their everyday lives.
One young Ethiopian Israeli man said, “I won’t be using my Hebrew name today,” but he is grateful for the videotaped beating of the Ethiopian Israeli soldier, for it finally forced the rest of Israeli society to see what is a fact of everyday life in his community.
^^^Amazing, seriously, anyone ever met an Ethiopian Jew or Christian that wasn’t the nicest persons you could meet? Something more than fishy going on in Jerusalem AKA Sodom and Egypt.
Our estimates show that the developing world lost US$991.2 billion in illicit financial flows in 2012, over ten times the amount of official development aid received by these countries in that year, and greater than the amount of net foreign direct investment received. From 2003 – 2012, US$6.6 trillion left developing country economies illicitly.
Illicit outflows from developing countries increased at a trend rate of 9.4 percent per annum in real terms over the time period from 2003 to 2012. Though growth rates of IFFs tended to be higher before the financial crisis, their volume continues to climb. Over this time period, illicit financial flows were equivalent to 3.9 percent of developing world GDP on average.
Save for a brief slowdown during the financial crisis, illicit financial flows have been allowed to grow unchecked over the past decade. In 2012, illicit outflows reached a staggering new peak of US$991 billion.
In a follow-up to Susan Duclos’ recent story “Movement To The Bunkers: ‘They Know It Is Coming’ – Elite Actively Practicing Bug-Out Scenario,” we have embedded the scribd document below that contains the names of over 500 CEO’s of large companies that have either retired from their CEO positions in 2015, late 2014 or plan on doing so within the next month or so as we begin to see a mass exodus from the business world has begun.
A “sense of an ending” has been frequently mentioned in recent months when applied to asset markets and the great Bull Run that began in 1981.
Active asset managers as well, conveniently forget that their (my) industry has failed to reduce fees as a percentage of assets which have multiplied by at least a factor of 20 since 1981. They believe therefore, that they and their industry deserve to be 20 times richer because of their skill or better yet, their introduction of confusing and sometimes destructive quantitative technologies and derivatives that led to Lehman and the Great Recession.
Hogwash. This is all ending.
2015, I merely have a sense of an ending, a secular bull market ending with a whimper, not a bang. But if so, like death, only the timing is in doubt. Because of this sense, however, I have unrest, increasingly a great unrest. You should as well.
The global hunt for taxes has become very popular, as has the movement to physically remove all cold cash.
Yes, as recommended by Larry Summers, the world is moving ever so closer to completely adopting electronic money as the only way to do business. Many say this is good, after all many of us are practically there already. However, this movement towards electronic money is another attempt to eliminate black markets and allow governments to collect more taxes to fund the deficits.
But perhaps, the biggest financial crime not talked about is the damage to the worldís savers. While most do not realize it, but our central banks and governments have clearly decided to absolutely crush savers and in favour of borrowers.
The combination of all of the above failed policies has in effect punished savers, and rewarded borrowers. We now live in a world the elderly can no longer collect 5-6% interest on their savings accounts.
Instead, and unknowingly to most of them, they have become fully invested in the junk bond market and the stock market. Thatís quite the switch in investment strategy.
1) governments are unable to eliminate deficits
2) global government debt is increasing exponentially
3) 0% interest rates are allowing governments to borrow more to pay off old loans and fund deficits
4) Global growth is declining despite money printing and bailouts And, we’ve saved the latest and greatest fact for last: as stunning as 0% interest rates sound, the mathematically-challenged-fantasyland called Europe has just one upped everyone by introducing NEGATIVE INTEREST RATES.
As of writing, over 25% of all bonds issued by European governments has a guaranteed negative return for investors.
Germany can borrow money for 5 years at an interest rate of NEGATIVE 0.10%. Yes, instead of Germany paying you interest when you lend them money, you have to pay them interest.
These same negative interest rate conditions exist across many of the Eurozone countries, as well as Denmark, Sweden and Switzerland.
Since the majority of the investment industry unequivocally supports world central banks, it has convinced itself that negative interest rates are actually good for the worldís economy and it will help the world along its sunny path to economic freedom.
Call us dumbstruck, dumbfounded or just plain dumb. But, our every analysis of these policy moves always brings us to the same conclusion ñ thereís a pretty big adjustment in financial markets on the horizon.
Antichrist Saudi Arabia is burning through its foreign reserves at a record rate as the kingdom seeks to maintain spending plans (and thus social stability) despite lower oil prices. All the time The Antichrist NWO 666 Fed Beast remains ‘easy’, no matter how negative US Shale cashflows are, the muppets will buy their debt and keep the mal-invested market alive. Saudi reserves are now their lowest in almost 2 years (but they have plenty more to chew through to out-wait The Fed).
The royal family, whose social contract with the people offers cradle-to-grave care in return for loyalty, is seeking to reduce state subsidies without sparking popular anger. But analysts are unclear how quickly the government can move on such a sensitive topic.
Simply out, as long as The Antichrist NWO 666 Fed Beast keeps ZIRP, it will cost Antichrist Saudi Arabia.
Dr. James Dobson, who founded the highly influential groups Focus on the Family and Family Research Council and now runs Family Talk Radio, is warning that if the U.S. Supreme Court redefines marriage as analysts predict, the ruling will presage the “fall of Western civilization.”
“I do not recall a time when the institutions of marriage and the family have faced such peril, or when the forces arrayed against them were more formidable or determined,” he writes in a letter distributed to his hundreds of thousands of supporters.
“Barring a miracle, the family that has existed since antiquity will likely crumble, presaging the fall of Western civilization itself.
“If this court should overrule the word of God and strike down the eternal rules of order and right that heaven itself ordained, how then will God save it?” he asked. “Justices, can you judge the ways of God? There is another court and there another judge, where all men and all judges will give account.
“If a nation’s high court should pass judgment on the Almighty, should you then be surprised God will pass judgment on the court and that nation? We are doing that which Israel did on the altars of Baal,” he said.
`And when ye may see Jerusalem surrounded by encampments, then know that come nigh did her desolation; 21 then those in Judea, let them flee to the mountains; and those in her midst, let them depart out; and those in the countries, let them not come in to her;
22 because these are days of vengeance, to fulfil all things that have been written.
23 `And wo to those with child, and to those giving suck, in those days; for there shall be great distress on the land, and wrath on this people; 24 and they shall fall by the mouth of the sword, and shall be led captive to all the nations, and Jerusalem shall be trodden down by nations, till the times of nations be fulfilled.
25 `And there shall be signs in sun, and moon, and stars, and on the land [is] distress of nations with perplexity, sea and billow roaring;
26 men fainting at heart from fear, and expectation of the things coming on the world, for the powers of the heavens shall be shaken.
In total, the seafloor has dropped 8 feet (2.4 meters) in the past week.
Though the eruption has slowed, the volcano still seemed to be expelling magma as of last Friday, Professor Chadwick said, leaving his team wondering where the lava was going.
‘We know it didn’t erupt in the caldera, or crater, because that’s where most of our sensors are, and they all survived,’ he said. Temperature fluctuations and seismic readings are consistent with an eruption north of the volcano’s crater. ‘But we probably won’t know until this summer, when we get out there with a ship and are able to look around.’
Strong waves are lashing the Pacific coast from Mexico to Chile since May 2, 2015. According to media reports, at least three people were killed, one is missing and hundreds had to evacuate from the coastline.
One person was swept away in Panama by strong waves that prompted an alert from authorities on Saturday, May 2, 2015. In Mexico, on man drowned on a beach in Acapulco while waves more than 4 meters high hit seaside homes and flooded streets of the city,
TV: Billions of mysterious creatures dead along West Coast — “Literally covering all of Oregon coast” — Washing up from California to Alaska — Expert: Death totals are staggering, “it’s got to be billions” (VIDEO)
Having killed a robot by underestimating the level of radiation present in the Fukushima power plant, and after delaying its previous admission of a leak, Tokyo Electric Power Co. (TEPCO) has quickly admitted that the nuclear plant has sprung another leak. As EFE reports, a small quantity of radioactive water has leaked from a storage tank with 70 microsieverts per hour of beta-ray-emitting radioactivity detected on the surface where the water had leaked, far exceeding the recommended maximum exposure of 0.11 microsieverts per hour. But apart from that it’s “contained.”
Beloved, all diligence using to write to you concerning the common salvation, I had necessity to write to you, exhorting to agonize for the faith once delivered to the saints, 4 for there did come in unobserved certain men, long ago having been written beforehand to this judgment, impious, the grace of our God perverting to lasciviousness, and our only Master, God, and Lord — Jesus Christ — denying, 5 and to remind you I intend, you knowing once this, that the Lord, a people out of the land of Egypt having saved, again those who did not believe did destroy;
6 messengers also, those who did not keep their own principality, but did leave their proper dwelling, to a judgment of a great day, in bonds everlasting, under darkness He hath kept, 7 as Sodom and Gomorrah, and the cities around them, in like manner to these, having given themselves to whoredom, and gone after other flesh, have been set before — an example, of fire age-during, justice suffering. 8 In like manner, nevertheless, those dreaming also the flesh indeed do defile, and lordship they put away, and dignities they speak evil of, 9 yet Michael, the chief messenger, when, with the devil contending, he was disputing about the body of Moses, did not dare to bring up an evil-speaking judgment, but said, `The Lord rebuke thee!’ 10 and these, as many things indeed as they have not known, they speak evil of; and as many things as naturally (as the irrational beasts) they understand, in these they are corrupted;
11 wo to them! because in the way of Cain they did go on, and to the deceit of Balaam for reward they did rush, and in the gainsaying of Korah they did perish. 12 These are in your love-feasts craggy rocks; feasting together with you, without fear shepherding themselves; clouds without water, by winds carried about; trees autumnal, without fruit, twice dead, rooted up;
13 wild waves of a sea, foaming out their own shames; stars going astray, to whom the gloom of the darkness to the age hath been kept. 14 And prophesy also to these did the seventh from Adam — Enoch — saying, `Lo, the Lord did come in His saintly myriads, 15 to do judgment against all, and to convict all their impious ones, concerning all their works of impiety that they did impiously, and concerning all the stiff things that speak against Him did impious sinners.’ 16 These are murmurers, repiners; according to their desires walking, and their mouth doth speak great swellings, giving admiration to persons for the sake of profit; 17 and ye, beloved, remember ye the sayings spoken before by the apostles of our Lord Jesus Christ: 18 that they said to you, that in the last time there shall be scoffers, after their own desires of impieties going on, 19 these are those setting themselves apart, natural men, the Spirit not having.
Did you know that Michigan was just hit by the worst earthquake that state has seen in more than 60 years? In recent days, there has been a series of alarming earthquakes all over the United States. Of course none of these earthquakes was anything like the massively powerful quake that just crippled the entire nation of Nepal, but many are concerned that these earthquakes could be a sign of what is to come. All over the planet, seismic activity is increasing. In fact, I recently wrote about how the number of volcanoes erupting right now is greater than the 20th century’s average for an entire year. At the same time, the surface of the sun has become very, very quiet. As you will see in this article, there are scientists that link the two. It is believed that times of very low solar activity have something to do with a rise in seismic activity, and there is one scientist that is claiming that solar activity is declining faster “than at any time in the last 9300 years” right now. So what does this mean for the future of our planet?
So what is causing all of this to happen?
Well, could you believe that it is because the sun is being too quiet right now?
For a long time, scientists have known that there is a link between activity on the sun and seismic activity on our planet…
A 1967 study published in the Earth and Planetary Science journal, stated: “Solar activity, as indicated by sunspots, radio noise and geomagnetic indices, plays a significant but by no means exclusive role in the triggering of earthquakes.”
A 1998 report by a scientist from the Beijing Astronomical Observatory… “Earthquakes occur frequently around the minimum years of solar activity.”
As reported on NewScientist.com and numerous other science sites, including Space.com, the sun has recently entered into its lowest (minimum) actively levels in four centuries, coinciding with an increase in global seismic activity. “Solar activity is declining very fast at the moment,” Mike Lockwood, professor of space environmental physics at Reading University, UK, told New Scientist. “We estimate faster than at any time in the last 9300 years.”
So why aren’t we hearing anything about this in the mainstream media?
In recent years, the sun has become extremely quiet, and now things have gone to a whole new level. In fact, it is being projected that we could shortly see a sun that is “completely blank”…
Everyone knows that high solar activity has a profound effect on the space around Earth. Less well known is that *low* solar activity can be equally transformative. This week, the sun is plunging into a quiet state with almost no sunspots. Only a few dark cores are peppering the face of the sun, and they are so small you might have trouble finding them in this April 30th image from the Solar Dynamics Observatory: Almost no sunspots = almost no solar activity. The sun’s X-ray output has flatlined, and NOAA forecasters estimate a scant 1% chance of strong flares in the next 24 hours. If the sunspot number continues to drop, the sun could become completely blank.
If we have indeed entered a time of decreased solar activity, that could mean that seismic activity on our planet will continue to increase.
This is something that I have been warning about for a long time. I believe that we are going to see enormous natural disasters both inside the United States and all over the planet during the next few years. I believe that at some point we are going to see natural disasters that are so dramatic that they will literally change the geography of nations.
Leak Mead – on your left, when you drive from Las Vegas across the Hoover Dam – is the largest reservoir in the country when at capacity. It’s fed by the Colorado River which provides water for agriculture, industry, and 40 million people in Nevada, Arizona, California, and Mexico, including Los Angeles, San Diego, Phoenix, and Las Vegas. Now after 15 years of drought, the “lake” – a mud puddle surrounded by a huge chalky bathtub ring – is threatening to run dry
EARTH-DIRECTED CME: A filament of magnetism straddling the sun’s southern hemisphere erupted on May 2nd (movie) and hurled a CME into space. Modeling by NOAA analysts suggests that the CME will reach Earth on May 6th. For storm probabilities, scroll past this movie of the expanding cloud:
Forecasters estimate a 45% chance of geomagnetic storms when the CME arrives. Bright moonlight and summer twilight will probably overwhelm any auroras around the Arctic Circle. The Antarctic Circle is much darker. Stay tuned for Southern Lights
METEORS FROM HALLEY’S COMET: Earth is entering a stream of debris from Halley’s Comet, source of the annual eta Aquarid meteor shower. Forecasters expect the shower to peak on May 5-6 when our planet passes through the heart of the debris zone. The best time to look is during the hours before local dawn on May 6th; sky watchers could see dozens of meteors despite glare from the waning full Moon. Live radar echoes may be heard on Space Weather Radio.
Ukraine is experiencing its most serious increase in fighting in three months, sending more civilians fleeing and raising fresh doubts about the viability of a shaky February truce.
Another Ukrainian soldier was killed this weekend bringing the death toll in the past week to eight, with another 40 wounded in attacks in eastern Ukraine by pro-Russia separatists, the most intense clashes since the ceasefire agreed in Minsk.
In its efforts to ‘protect’ its citizens from terrorists, France deemed it necessary in March to “fight against the use of cash and anonymity in the French economy,” and drastically reduced the public’s freedom and privacy to spend. Today, that freedom and privacy took another blow as the French government passed “Le Patriot Act” dramatically beefing up the government’s spying powers.
First a ban on cash… French Finance Minister Michel Sapin brazenly stated that it was necessary to “fight against the use of cash and anonymity in the French economy.” He then announced extreme and despotic measures to further restrict the use of cash by French residents and to spy on and pry into their financial affairs.
These measures, which will be implemented in September 2015, include:
Prohibiting French residents from making cash payments of more than 1,000 euros, down from the current limit of 3,000 euros.
Given the parlous state of the stagnating French economy the limit for foreign tourists on currency payments will remain higher, at 10,000 euros down from the current limit of 15,000 euros.
The threshold below which a French resident is free to convert euros into other currencies without having to show an identity card will be slashed from the current level of 8,000 euros to 1,000 euros.
In addition any cash deposit or withdrawal of more than 10,000 euros during a single month will be reported to the French anti-fraud and money laundering agency Tracfin.
French authorities will also have to be notified of any freight transfers within the EU exceeding 10,000 euros, including checks, pre-paid cards, or gold.
* * *
And now, as Bloomberg reports, a ‘ban’ on personal privacy…
A proposed French law beefing up the government’s spying powers following the Charlie Hebdo terrorist attacks in Paris sailed through the lower house of parliament.
The National Assembly said 438 lawmakers voted in favor, 86 against, and 42 abstained. The bill now goes to the Senate which can suggest amendments but not overturn the assembly’s vote.
The wide margin of victory came even as mounting opposition to the bill united business leaders, the Communist Party, Internet activists and lawyers. The country’s two main parties — the ruling Socialists and former President Nicolas Sarkozy’s UMP — back it as necessary to combat terrorism, even though some prominent members of both parties voted against it.
The bill has generated heated rhetoric: the head of the Paris Bar and a former head of the country’s business lobby said it will seriously undermine constitutional liberties while Prime Minister Manuel Valls accused opponents of being naive about the threats facing France. The fallout from the disclosure in 2013 of massive surveillance by U.S. authorities, and the enduring negative reputation of George W. Bush’s 2001 “Patriot Act” have added to the controversy.
“This law doesn’t go as far as the Patriot Act because that was never its founders’ intention and because even if they wanted to copy their American counterparts, the French services lack the means to listen to everyone permanently,” said Eric Denece, director of the French Center for the Study of Intelligence.
The proposed law sets rules on how investigators can tap phone lines, locate people through mobile phones, intercept e-mails, take secret photographs and enter homes to place microphones without preliminary approval of a judge. It also creates a new independent body overseeing surveillance activities. And for the first time, it gives France’s top administrative court the power to order an end to surveillance.
Opponents have focused on its supposed lack of effective oversight, its wide definition of threats facing France, and the use of algorithms to analyze communication patterns.
“Serious flaws include expansive powers for the prime minister to authorize surveillance for purposes far beyond those recognized in international human rights law; lack of meaningful judicial oversight; requirements for private service providers to monitor and analyze user data and report suspicious patterns; prolonged retention periods for some captured data; and little public transparency,” Human Rights Watch said in a April 6 statement.
Don’t forget – it’s for your own protection.. and if you do not agree – you’re a terrorist too:
Valls rejected the criticism in his speech to parliament.
“The law is strictly focused on preventing serious threats,” he said. “The criticisms and postures that evoke a French Patriot Act or a police state are irresponsible lies.”
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Feel safer now?
Last week we commented on the latest travesty in the legal system when Deutsche Bank paid $2.5 billion to settle charges that it had manipulated LIBOR, EURIBOR and various other -BORs. As usual in situations such as this one, not a single banker went to prison, but there was some hope that Deutsche Bank’s gross criminal conduct would at least land it on the SEC’s “bad actors” list, which is like the Dodd-Frank equivalent of ‘time out’ and restricts the offender from participating in exempt securities offerings.
Not to worry: as we reported as part of its settlement, Deutsche Bank, as well as every other criminal financial institution, had – deep in the fine print – inserted language that exempted the offender from such stigma. As the WSJ noted, “the language allows the banks to avoid asking the SEC for a waiver—a process that has become fraught with uncertainty amid commissioner disagreements over whether to allow financial firms to avoid a “bad actor” ban…”
We concluded that “It’s good to be TBTF” because clearly no matter how many laws are violated and how much money is stolen (LIBOR was the reference security for nearly $1 quadrillion in global rate-sensitive derivatives), i) nobody ever goes to prison, ii) there are absolutely no negative consequences, and iii) the cost of running a criminal organization is tiny – the settlement usually amounts to far less than 1% of the gains reaped from years of illegal activities.
Frankly, at this point one should just sit back and watch in amusement, because until the revolution and/or war predicted by Paul Tudor Jones arrives and the guillotines start working overtime, nobody in a position of wealth or power will be held accountable.
That same message was, in rough terms, what prompted SEC commissioner Kara Stein, a Democrat, to write her “dissenting statement” regarding granting Deutsche Bank the waiver for ineligible issuer status.
Here are the choice excerpts:
I respectfully dissent from the Commission’s Order (“Order”), approved on May 1, 2015, by a majority of the Commission. The Order grants Deutsche Bank AG a waiver from ineligible issuer status triggered by a criminal conviction of its subsidiary, DB Group Services (UK) Ltd. (collectively with Deutsche Bank AG, “Deutsche Bank”), for manipulating the London Interbank Offered Rate (“LIBOR”), a global financial benchmark. This waiver will allow Deutsche Bank to maintain its well-known seasoned issuer (“WKSI”) status, which would have been automatically revoked as a result of its criminal misconduct absent a Commission waiver.
With these WKSI advantages comes a modicum of responsibility. WKSIs must meet the very low hurdle of not being ineligible. This means that, among other things, they have not been convicted of certain felonies or misdemeanors within the past three years. In granting this waiver, the Commission continues to erode even this lowest of hurdles for large companies, while small and mid-sized businesses appear to face different treatment.
This criminal scheme involving LIBOR manipulation was designed to inflate profits, and it was effective. It created the impression that Deutsche Bank was more creditworthy and profitable than it actually was. Accordingly, the conduct affected its financial results and disclosures. Because LIBOR plays such an important role in the worldwide economy, manipulation of it goes to the heart of many aspects of Deutsche Bank’s disclosures. Interest rates represented to clients and the public also were clearly false. Based on this conduct, I do not find any basis to support the assertion that Deutsche Bank’s culture of compliance is dependable, or that its future disclosures will be accurate and reliable.
Even the SEC is shocked that the CFTC is an organization that caters exclusively to keeping criminal bankers out of prison, rather than getting them in it:
In addition, the Commission adopted rules disqualifying felons and other “Bad Actors” from Rule 506 offerings on July 10, 2013. Based on the criminal conduct in this case, I expected to receive a request from Deutsche Bank AG for a waiver from the automatic disqualification contained in Rule 506. After all, the final CFTC order was “based on a violation of any law that prohibits fraudulent, manipulative, or deceptive conduct.” It should therefore trigger an automatic disqualification absent a waiver.
However, based on a loophole contained in Rule 506(d)(2)(iii), the CFTC has intervened and prevented the bad actor disqualification question from even coming before the Securities and Exchange Commission. The CFTC saw fit to opine on the SEC’s Rule 506 jurisprudence about whether Deutsche Bank AG should receive a waiver from automatic disqualification under SEC rules. It is unclear to me what, if any, analysis went into this decision and what prompted the CFTC to insert language into its final order stating that a bad actor disqualification “should not arise as a consequence of this Order.”The implications of the CFTC’s actions here — and in other actions — are deeply troubling. The Commission should closely review this provision and how it is being used.
Don’t worry: former CFTC chief Gary Gensler will soon be US Treasury Secretary – then it will be his job to make sure no criminal with a net worth over a few million dollars ever has to face the US “judicial” system.
In the meantime, the CFTC will never do its actual jobs and root out maniupulation and rigging in precious metal markets…
… instead leaving it to fringe blogs):
As for the piece de resistance:
Deutsche Bank’s illegal conduct involved nearly a decade of lying, cheating, and stealing. This criminal conduct was pervasive and widespread, involving dozens of employees from Deutsche Bank offices including New York, Frankfurt, Tokyo, and London. Deutsche Bank’s traders engaged in a brazen scheme to defraud Deutsche Bank’s counterparties and the worldwide financial marketplace by secretly manipulating LIBOR. The conduct is appalling. It was a complete criminal fraud upon the worldwide marketplace.
Dear Kara, are you really confused why “complete criminal fraud” by a bank goes unpunished? Here is a hint: go to OpenSecrets, type in Deutsche Bank, and you will find just who the German bank paid off to avoid any true penalty. To your great surprise you may even find that the biggest beneficiary of DB’s generosity in 2014 is, drumroll, the Democratic National Convention…
… not to mention over $3 million donated in the last two decades to America’s “two” parties (of which 61% went to democrats).
This story demonstrates how completely and totally broken the U.S. justice system is. Should this couple have been having sex in public and in broad daylight? Absolutely not. Should there be some sort of punishment? Absolutely.
That said, the punishment should fit the crime in a just civilization, and 15 years behind bars for public sex is more akin to what you’d expect in Saudi Arabia. It’s particularly appalling when compared with the license to commit fraud and steal, which politically connected oligarchs have been granted. After all, who was really harmed by this couple’s act? Sure, some tourists may have had their day temporarily ruined or inconvenienced. A three-year-old girl may have seen something, but would probably have no way of understanding what it was. On the other hand, criminal bankers have demonstrably ruined the lives of hundreds or millions, if not billions, of people across the globe. Yet not a single TBTF executive has been prosecuted. They were bailed out instead.
The GL-10 is a relative of the V-22 Osprey, the VTOL (vertical takeoff and landing) aircraft developed in the 1980s for the US Air Force and Marines. It’s a tiltrotor design: The engines rotate to propel the aircraft either up and down (like a helicopter), or forward (like a propeller-driven plane). The Osprey can take off and land from the deck of a carrier or from a field in the middle of the jungle, instead of from a lengthy runway. It can haul 32 troops or 20,000 pounds of internal cargo up to 2,200 miles. It’s very handy.
Tesla also recently announced a home battery and utility-scale battery that will power future homes which will make living “off the grid” a lot easier for many people.
This awesome washer is available to pre-order from yirego.com and will be available to ship sometime in July.