Socio-Economics History Blog

Socio-Economics & History Commentary

Medvedev: Infringing National Sovereignty Could Lead To Nuclear Apocalypse!

Russian Prime Minister Dmitry Medvedev, right, addresses the 2nd St Petersburg International Legal Forum, 17 May 2012. (RIA Novosti / Dmitry Astakhov)

  • Infringing national sovereignty could lead to nuclear apocalypse – Medvedev! 
    by http://rt.com/ 
    Diminishing the principle of state sovereignty is fraught with the destruction of the world order and a full-scale war, even with the use of nuclear weapons, warns Russian Prime Minister Dmitry Medvedev.
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    ­“We have seen many examples of infringements on sovereignty in the recent years. Just remember military operations against foreign countries in violation of UN resolutions, statements that this or that regime has lost legitimacy – by the way, from the point of view of a foreign state rather than the people in question – as well as introduction of sanctions bypassing international organizations,” Medvedev stated at the International Legal Forum in St. Petersburg.
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    He specifically stressed that United Nations, although not perfect, is the only tool in the settlement of conflicts for the international community.
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    “We have no other platform, even though some may not like it. It is the UN Charter that calls for respecting the supremacy of law and sovereignty of states,” Medvedev pointed out.
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    He went on to say that hasty military operations usually end up with radicals coming to power. The premier added that those issues, including the situation around Syria and nuclear security, will be discussed at the G8 summit in Camp David on May 18-19.

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May 19, 2012 Posted by | GeoPolitics | , , , , , | 1 Comment

GEAB N°65: Global Systemic Crisis 2H2012! Convergence of 4 Explosive Factors – Banks-Stock Exchanges-Pensions-Debts!

US banks’ derivatives exposure at 31/12/2010 – Sources: Dpt of Treasury/Mybudget360, 11/2011

  • It appears the global economic, financial and monetary collapse will happen in 2H2012! Aug-Oct 2012?? Followed by Greater Middle East war leading to WW3! Let’s hope not!
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    GEAB N°65 is available! Global systemic crisis / Second half of 2012 – Convergence of four explosive factors: Banks-Stock Exchanges-Pensions-Debts! 
    by http://www.leap2020.eu/ 
    Whilst waiting for Euroland to equip itself, by the end of 2012, with a medium to long term common political, economic and social project, especially following the election of the new French president François Hollande, anticipated many months ago by LEAP/E2020, players will remain prisoners of the short-term reflexes related to the sudden Greek political tremors, the uncertainties over Euroland governance and to the risks in public debts.
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    At the same time, in the United States, the disappearance of the illusion of a recovery (1) combined with the renewal of concerns over the American financial sector’s state of health (of which J P Morgan has just illustrated the fragility) and the big comeback of the country’s debt problem is leading economic and financial players to contemplate an increasingly worrying future (2).
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    In the United Kingdom, the country’s return to recession is combining with the failure to control deficits and the rise of working-class anger in the face of an austerity which has however only just begun (3).
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    In Japan, economic sluggishness and the weakening of exports in a context of world recession (4) have brought the spectrum of the country’s excessive debt back to the surface.
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    In this context, according to LEAP/E2020, the second half of 2012 will be the preferred moment for the convergence of four explosive factors for the Western economies: banks, stock exchanges, pensions and debts.
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    For economic, financial or political players as for simple households, this convergence will cause major risks to weigh on the state of their finances as well as on their aptitude to face the challenges to come.
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    Therefore, in this GEAB issue our team expands on its anticipations concerning these four explosive factors of the second half of 2012 as well as the recommendations to minimize their negative consequences. In addition, LEAP/E2020 sets out its new anticipation on the global systemic crisis’ consequences as regards international languages (on a world level and in Europe) out to 2030 in order to help parents and children, as well as teaching institutions, make the correct language learning choices today.
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    In this GEAB N°65 press release, our team has chosen to introduce the explosive factor relating to public and private debt.
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    Debts: difficult to manage sovereign debt and deadly private debt… creditors painfully approach the day of reckoning and people an explosion of anger
    LEAP/E2020 announced it in 2008 and repeated it many times since. There was approximately 30 trillion USD of phantom assets in the world financial system of which about 15 trillion USD remains, which will mostly fly off by the end of 2012. The good news is that as from then, one can seriously contemplate the rebuilding of a healthy world financial system. The bad news is that is during the quarters to come this 15 trillion USD will go up in smoke. That implies, of course, as we have previously suggested, the bankruptcy (and/or rescue by the States) of 10% to 20% of Western banks. And this time, unlike 2008/2009, the shareholders will be the first victims (including in the United States), whatever the priority of their rights (5). Only shareholders carrying significant geopolitical weight will be treated with consideration (sovereign funds, friendly States…).
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    As regards private debts, households will mainly, in particular in the United States and the United Kingdom, have to face the consequences of the increase in the resulting insolvency rates which will affect them on their own. Caught in the trap of austerity and recession, the Western States no longer have the wherewithal to help the middle class as long as growth hasn’t picked up a little bit. And sadly, that won’t be the case by the end of 2012. Moreover, in the United States one is currently seeing the student debt issue in the process of turning itself into a “subprime encore” (6). Increasing fees due to the end of a Federal state grants policy and political paralysis in Washington against attempts to control the federal deficit are in the process of creating a disaster for millions of young Americans and their parents.
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    In Europe, the United Kingdom has already decided to let its middle class face its record debt alone. That comes down to causing it to fall into the underprivileged class. The next few months will see a new sudden confrontation between this British middle class and its leaders almost exclusively belonging to the upper-class.
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    On the continent, via votes rejecting leaders who were disciples of austerity as the one and only solution to the public debt crisis, the people have opened a major democratic confrontation with the elite in place for nearly twenty years, and at creditors’ beck and call. The attempt which personifies the new French president, François Hollande, to open a middle way between austerity and Keynesian reflation which have both failed or are impossible politically or budget-wise, will succeed (because it’s the only politically and  budgetary viable one from now on (7)) but not before the end of 2012 (8).
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    Meanwhile, sudden political tremors as in Greece and complex negotiations at Euroland’s core will dominate the agenda, making creditors and their exhalation, and the markets increasingly nervous (9). And this market nervousness is heightened by the awareness of the infinite brittleness of the Wall Street and City financial institutions vis-a-vis the risk of non-repayment of debts: national or private. They are almost the last assets on their balance sheet from which they still hope to be able to recover significant value.    
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    From the end of summer 2012, the return of the topic of the United States’ unmanageable debt, related to the automatic budget reductions imposed in the event of Congress’ non-agreement on debt reduction, will start a “Taxmageddon (10) » in the USA. One will thus witness the remake of the detonator-bomb tandem that European and American debts already played with in summer 2011, but this time in a much more powerful version. In fact, if fears of seeing the Euro and Euroland exploding have disappeared (11), they will be replaced by a danger much more alarming to the markets: the massive and sudden monetization of US debt (12).
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    In addition, this situation will show up in the United States in a context of complete political paralysis (13), with a Congress partitioned by the emergence of radical factions in the Republican (“Tea-Party”) as well as the Democrat party (“Occupy Wall Street”) (14).      

US Federal Government Debt and GDP compared (2001-2012) (in red: debt/in blue: GDP – Source: StLouisFed / Mybudget360, 04/2012

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May 19, 2012 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , | Comments Off

Why Stability Stalwart Singapore Should Be Seriously Scared If The Feta Is Truly Accompli!

How will Singapore fare when all the Eurozone banks go belly up?

  • In the event of a Eurozone collapse, no one knows the extent to which countries outside the Eurozone will suffer, in particular the exporting Asian nations. Here is just one example:
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    Why Stability Stalwart Singapore Should Be Seriously Scared If The Feta Is Truly Accompli!
    by Tyler Durden, http://www.zerohedge.com/
    We have discussed the probability (around 50%) and possibility of a Greek exit from the Euro ad nauseum; how the post-election anti-austerity rage is bringing the world to a new realization that this is probable not possible and the widespread risk aversion of this event is much more of a global event than local – no matter how many times you are told how small Greece is. Critically, as BofAML notes, it is the systemic threat of an untamed banking and sovereign crisis in Europe which makes multiple-sigma events less ‘tail’ and more ‘normal’. With money due to run out at the latest by July, new elections mid-June (that show massive support for the anti-bailout party), and the impacts on the real economy, exchange rate and inflation fears, and default and ECB balance sheet implications; it seems there are also strong incentives to keep Greece in.
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    However, there is a political line of compromise and austerity that will be hard to cross for both parties which, if it failed – and it doesn’t have much time – would mean a very fast ‘ring-fencing’ would need to occur for this not to thermonuclear with the three main channels of volatility transmission to the rest of the world being: banking and finance, trade, and confidence – all three of which are active already with Asian trade (and banking exposure) seemingly under-appreciated in our view with Singapore dramatically exposed with a stunning 60%-plus of GDP tied up in European bank claims.
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    Widespread risk aversion linked to fears of a Greek euro exit underscores the global nature of the European crisis. As we argued in the new year, the systemic threat of an untamed banking and sovereign crisis in Europe would push reluctant outsiders to preventively bolster IMF funding. This indeed materialized in March. However, both IMF and European firewalls still fall short of the amounts needed to protect Italy, Spain and the rest of the periphery. Global markets thus remain sensitive to rising probabilities of tail-risk scenarios. So how would the global economy be affected in the event of a serious adverse shock in Europe?
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    read more!

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May 19, 2012 Posted by | Economics | , , , , , | Comments Off

Withdrawals at Santander UK Amid Spain Fears!

Illuminists are lining up the dominoes for a collapse of the Eurozone!

  • Practically all major western banks are insolvent. Bank runs when they start will take on a life of its own. Witness the bank runs in Greece. It is spreading across Europe. Got physical gold yet?
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    Withdrawals at Santander UK amid Spain fears! 
    by, and Philip Aldrick, http://www.telegraph.co.uk/
    Customers with large deposits have started withdrawing cash from Santander,   the bank has admitted, as it tried to reassure concerned members of the   public that their money is safe.
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    The high street bank also saw an increase in enquiries by worried savers to   its call centres and in its 1,380 branches across Britain yesterday.   Customers are worried that the bank will be dragged into the eurozone crisis   because it is owned by Spain’s Banco Santander.
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    On Thursday, Banco Santander, its UK subsidiary and 15 other Spanish banks had   their credit ratings downgraded due to their exposure to the struggling   Spanish economy. The Spanish banks were hit with more bad news yesterday, as   official figures showed bad debts had risen to their highest level in 18   years.
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    However, shares across the sector shrugged off the concerns to rally strongly,   as treasury minister Inigo Fernandez de Mesa said there was little reason   for concern as “Spanish banks have plenty of liquidity”. Lenders have about   two years of funding, due to the European Central Bank’s emergency support.
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    Spain is expected to announce shortly that the fund manager BlackRock and   consultants Oliver Wyman will conduct an independent audit of the banks as   part of month-long stress tests. Their remit will be to assess how much of   the €600bn (£483bn) of mortgage debt needs to be written down.
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    The government will make public the findings of the two-stage audit in an   attempt to end speculation about concealed risk. Goldman Sachs has been   drafted in separately to assess how much capital Bankia needs, with analysts   suggesting the taxpayer could be on the hook for between €12bn and €15bn of   new equity.
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    read more!

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May 19, 2012 Posted by | Economics | , , , , , | Comments Off

Europe Admits Greece Exit Preparation!

Eurozone train wreck coming!

  • Greece alone will not destroy the Eurozone. It is the contagion fear. If Greece leaves, why not Portugal, Ireland, Italy, Spain (PIIGS) …etc. There are some who say that departure of the weaker Southern Eurozone countries will actually benefit the Euro and the ECB will engage in massive QE to stabilize the market. They say it will lead even to a rally in the stock market and Euro. It may happen. But I doubt it will last. Greece will not be the last to depart the Eurozone. Ie. the Euro will collapse eventually.
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    Europe admits Greece exit preparation! 
    By , http://www.telegraph.co.uk/ 
    Brussels is preparing plans for Greece to quit the euro, a senior official has   revealed, as analysts warned that the country’s exit would cost European   taxpayers at least €225bn (£180bn).
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    European Union trade commissioner Karel De Gucht said that both the European   Commission and the European Central Bank (ECB) were working behind the   scenes on contingency plans for a break-up.
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    “Today there are in the European Central Bank, as well as in the Commission,   services working on emergency scenarios if Greece shouldn’t make it. A Greek   exit does not mean the end of the euro, as some claim,” he said.
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    The first public declaration that preparations are in place came as economists   at UBS said European taxpayers would have to swallow losses on Greece,   whether or not it remains a member of the currency union.
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    Under a best case scenario, which would see Greece remain inside the euro but   its colossal €274bn of outstanding debt put on a more sustainable path, UBS   said European taxpayers would have to write-off €60bn of the €182bn of   rescue loans they have provided.
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    If Greece was to leave the euro, however, the bill would jump to at least   €225bn as the new currency would halve in value and €104bn of additional   emergency funding by the ECB would be wiped out.
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    read more!

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May 19, 2012 Posted by | Economics | , , , , , , , | Comments Off

Ancient Aliens: Season 4 Episode 3 – The Greys!

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May 19, 2012 Posted by | EndTimes, History, Social Trends | , , , , , , , , | 1 Comment

Eurocrat Mandarins Want More Cash Amid Economic Turmoil !

May 19, 2012 Posted by | Economics, GeoPolitics | , , , , , | Comments Off

Congress Still OK With Indefinite Detention And Torture of Americans!

May 19, 2012 Posted by | GeoPolitics, Social Trends | , , , , , , | Comments Off

Pastor Mike Hoggard: The Sons of God And The Nephilim Giants! (Part 2)

Robert Wadlow 8′ 11.1″, size 37 shoe 1918-1940. Source: http://www.stevequayle.com

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May 19, 2012 Posted by | EndTimes, History | , , | 1 Comment

Italian Court Rules MMR Vaccine Did Trigger Autism!

  • The history of modern western medical education and Big Pharma are tied up with the 13 Satanic bloodlines: Rothschild-Rockefeller. (emphasis mine)
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    Eustace Mullins: Murder by Injection! 
    … The Merlin who was to wave his magic wand and bring about this dramatic development in the medical profession turned out to be none other than the richest man in the world, the insatiable monopolist, John D. Rockefeller.  Fresh from his triumph of organizing his gigantic oil monopoly, a victory as well-blooded as any ancient Roman triumph, Rockefeller, the creature of the House of Rothschild and its Wall Street emissary, Jacob Schiff, realized that a medical monopoly might bring him even greater profits than his oil trust.  In 1892, Rockefeller appointed Frederick T. Gates as his agent, conferring upon him the title of “head of all his philanthropic endeavors.”  As it turned out, each of Rockefeller’s well-publicized “philanthropies” was specifically designed to increase not only his wealth and power, but also the wealth and power of the hidden figures whom he so ably represented.
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    Frederick T. Gates’ first present to Rockefeller was a plan to dominate the entire medical education system in the United States.  The initial step was taken by the organization of the Rockefeller Institute of Medical Research.  In 1907, the AMA “requested” the Carnegie Foundation to conduct a survey of all the medical schools of the nation.  Even at this early date, the Rockefeller interests had already achieved substantial working control of the Carnegie Foundations which has been maintained ever since.  It is well known in the foundation world that the Carnegie Foundations (there are several), are merely feeble adjuncts of the Rockefeller Foundation.  The Carnegie Foundation named one Abraham Flexner to head up its study of medical schools.  Coincidentally, his brother Simon was the head of the Rockefeller Institute of Medical Research. … He had been a graduate of Johns Hopkins University.  This school had been established by Daniel Coit Gilman (1831-1908).  Gilman had been one of the three original incorporators of the Russell Trust at Yale University (now known as the Brotherhood of Death) …. Not surprisingly, the American people found themselves saddled with even more debt and an even more oppressive federal bureaucracy, all the result of Daniel Coit Gilman’s Illuminati prospectus.
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    Italian court rules MMR vaccine did trigger autism! 
    By Staff Writer NYR Natural News
    Natural Health News — An Italian court has ruled there is a link between the  MMR vaccine and autism. In what may be a ground-breaking decision, the Italian Court of Rimini has ruled that causation between an MMR vaccine and the resulting autism in a young child “has been established.”
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    The unnamed child received the vaccine in March of 2004 and on returning home immediately developed adverse symptoms. During the next year the child regressed, receiving the autism diagnosis one year later and is now 100% disabled by the disease.
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    The Italian court ruled that the child “has been damaged by irreversible complications due to vaccination (prophylaxis trivalent MMR)” and ordered the Ministry of Health to compensate the child with a 15 year annuity and to reimburse the parents of their court cost.
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    The judgement can be found in full  here and the original news report in Italian appears here. A rough Google translation appears here. The case is expected to go to appeal as authorities are concerned it may set a legal precedent.
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    Not the first judgement against the vaccine
    This, however, is the second recent judgement to come to this conclusion. Earlier this year a US court also ruled that the MMR (measles, mumps, rubella) vaccine can cause autism.
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    In a ruling that kept very quiet in the press, the US Court of Federal Claims has conceded that the mercury-based preservative thimerosal, which was in vaccines until 2002, caused autism in the case of one child.
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    The ruling was just one of 4,900 cases currently being considered for compensation payments. Health officials are concerned that it could open the floodgates for even more claims.
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    The ruling, made by US Assistant Attorney General Peter Keisler, was made last November, and was one of three test cases into the MMR-autism link that was being considered by a three-member panel, which Keisler chaired.
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    The case involved a child who received nine vaccinations in July 2000, when she was 18 months old. Two of these contained thimerosal.  Within days, the girl, who had previously been healthy, began to exhibit loss of language skills, no eye contact, loss of response to verbal direction, insomnia, incessant screaming, and arching. A diagnosis of autism was confirmed seven months later.
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    In its defence, the US government claimed the girl had a pre-existing mitochondrial disorder that was aggravated by the vaccine. However in his conclusion, Keisler said that “compensation is appropriate”.
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    Too much heat, not enough light
    Both findings would appear to support the controversial findings of Dr Andrew Wakefield who, in 1998 published an article in the Lancet suggesting a link between the vaccine and autism.  Official reaction to the paper was of such force and such outrage that the Lancet withdrew the paper on the grounds that it was scientifically unsound.
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    Wakefield has been in a battle for his professional reputation ever since and the question of the proposed link between the MMR vaccine and autism has been largely sidelined (though not solved) by bitter and very public professional rows that have done little to bring clarity to concerned parents. Read more here.

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May 19, 2012 Posted by | Medicine & Health | , , , , , , | Comments Off

US Officially Arming Extremists in Syria!

  • Daniel 7:23 (New King James Version)
    23     “Thus he said: ‘ The fourth beast shall be A fourth kingdom on earth, Which shall be different from all other kingdoms, And shall devour the whole earth, Trample it and break it in pieces.
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  • US Officially Arming Extremists in Syria! 
    by Tony Cartalucci, Contributor Activist Post 
    Denied no longer, US officials admit US-Saudi cash & logistical support arming terrorists in Syria.
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    Recently reported in “Brookings Announces Next Move in Syria: War,” it was stated that “by the US policy think-tank Brookings Institution’s own admission, the Kofi Annan six-point peace plan in Syria was merely a ploy to buy time to reorganize NATO’s ineffective terrorist proxies and provide them the pretext necessary for establishing NATO protected safe havens from which to carry out their terrorism from.” It was also examined in detail, how in 2007, US, Saudi, and Israeli officials admitted they were creating a militant front of extremists for the sole purpose of causing the destabilization of Syria we see today, and ultimately overthrowing the Syrian government.
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    It was noted how these extremist militants had direct ties to Al Qaeda.
    Now it is fully admitted that weapons, cash, and logistical support is indeed being provided to terrorist forces in Syria by the United States, Saudi Arabia, Qatar, and other Gulf States. This, despite a current UN ceasefire the West has continuously berated the Syrian government for violating, indicates that indeed reorganizing, rearming, and redeploying NATO’s terrorist proxies is complete, and another round of destructive violence has begun.
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    In the Washington Post’s article, “Syrian rebels get influx of arms with gulf neighbors’ money, U.S. coordination,” not only is this admitted, but claims made by Syrian President Bashar al-Assad have been confirmed that Syria’s historically violent Muslim Brotherhood, stated in 2007 by Seymour Hersh as being a direct proxy of US-Saudi-Israeli funding and support, is also directly arming and funding contingents of extremists committing acts of terror across Syria.
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    Areas across Syria that have until now been portrayed as centers for “pro-democracy” protests, racked by violence depicted as “repression” by Syrian troops, are now admitted by the Washington Post to be areas where “material is being stockpiled.” This includes the flashpoint city of Idlib on the Turkish-Syrian border, in the suburbs of Damascus, and along Syria’s border with Lebanon. And again, in 2007, Seymour Hersh revealed that the US, Israel, and Saudi Arabia had planned to array extremists along Syria’s border to commit the very violence now being admitted by the Post today.
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    The Washington Post openly admits that these weapons, supplies, cash and support, provided by the US and Saudi Arabia are directly responsible for the increased violence in Syria, in the midst of a ceasefire the West has attempted to disingenuously use to defame the Syrian government, hamper its ability to restore order, and indeed, rearm, reorganize, and redeploy their terrorist proxies to begin another attempt at violent foreign-backed regime change:
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    read more!

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May 19, 2012 Posted by | GeoPolitics | , , , , , , , , , , , | Comments Off

Cost of Greek Exit From Euro Put At $1Trillion! UK Government Making Urgent Preparations To Cope With The Fallout !

  • The Greek contagion is spreading to the PIIGS. We are seeing more bank runs and in Spain too!
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    Cost of Greek exit from euro put at $1tn! 
    by Lary Elliott, and ,The Guardian
    UK government making urgent preparations to cope with the fallout of a possible Greek exit from the single currency
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    The British government is making urgent preparations to cope with the fallout of a possible Greek exit from the single currency, after the governor of the Bank of England, Sir Mervyn King, warned that Europe was “tearing itself apart”.
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    Reports from Athens that massive sums of money were being spirited out of the country intensified concern in London about the impact of a splintering of the eurozone on a UK economy that is stuck in double-dip recession.  One estimate put the cost to the eurozone of Greece making a disorderly exit from the currency at $1tn,  5% of output.
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    Officials in the United States are also nervously watching the growing crisis:  Barack Obama on Wednesday described it as a “headwind” that could threaten the fragile American recovery.
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    In a speech in Manchester before flying to the United States for a summit of G8 leaders, the British prime minister, David Cameron, will say the eurozone “either has to make up or it is looking at a potential breakup”, adding that the choice for Europe’s leaders cannot be long delayed.
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    “Either Europe has a committed, stable, successful eurozone with an effective firewall, well capitalised and regulated banks, a system of fiscal burden sharing, and supportive monetary policy across the eurozone, or we are in uncharted territory which carries huge risks for everybody.
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    “Whichever path is chosen, I am prepared to do whatever is necessary to protect this country and secure our economy and financial system.”
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    Officials from the Bank, the Treasury and the Financial Services Authority are drawing up plans in the expectation that a Greek departure from monetary union – increasingly seen as inevitable by financial markets – could be as damaging to the global economy as the collapse of Lehman Brothers in September 2008.
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    With a second election in Greece called for 17 June, King dropped a strong hint that the Bank would take fresh steps to stimulate growth if policymakers in Europe failed to deal with the sovereign debt crisis.
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    “We have been through a big global financial crisis, the biggest downturn in world output since the 1930s, the biggest banking crisis in this country’s history, the biggest fiscal deficit in our peacetime history and our biggest trading partner, the euro area, is tearing itself apart without any obvious solution,” he said.
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    read more!

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May 19, 2012 Posted by | Economics, GeoPolitics | , , , , , , , , , , , | Comments Off

IIF’s Charles Dallara Says Greek Exit ‘Somewhere Between Catastrophic And Armageddon’!

  • The Illuminists are lining up the pieces for a catastrophic collapse of the Eurozone! It is their cover for the coming financial derivatives meltdown. They can then shift the blame to the sovereign debt default ie. it is the sheeple’s fault, not the banksters!
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    IIF’s Charles Dallara says Greek exit ‘somewhere between catastrophic and armageddon’! 
    by Reuters, via http://www.telegraph.co.uk/
    The damage to the rest of Europe from Greece leaving the euro would be “somewhere between catastrophic and Armageddon”, the chief negotiator for the body representing private sector holders of Greek bonds said on Wednesday.
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    Charles Dallara, who as head of the International Institute of Finance (IIF)   spent months in Athens negotiating the largest ever sovereign debt   restructuring, also said he had seen evidence that more people were moving   their cash out of Greece.
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    “There has been a pick up of deposit flight from Greece,” Mr Dallara told reporters, but added he thought this could be stabilised “once you get a new government in place, if that government reaffirms its intention to remain in the euro zone”.
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    He was speaking on a visit to Ireland, which followed Greece into an international bailout in 2010 but has been far more successful in boosting exports to keep the economy afloat while slashing government spending.
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    Policymakers have begun to speak openly of the risk that Greece, now in its fifth year of recession, might leave the euro. Mr Dallara said the costs of a Greek exit would be so severe that Europe has to find a palatable way of solving their woes.
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    “I think that it (a Greek exit) is possible, but I wouldn’t call it inevitable and I wouldn’t even call it likely because the costs for Greece, for Europe and for the global economy are likely each in their own way to be immense,” Mr Dallara said in a speech.
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    read more!

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May 19, 2012 Posted by | Economics | , , , , , , , | Comments Off

US is Ready To Attack Iran, Says Ambassador!

  • This is a sign that the global economic, financial and currency collapse is imminent. The plan is WW3 just after the collapse! Iran has been cooperating fully in its peaceful nuclear program. It has submitted to numerous inspections and no nuclear bombs or nuclear weapons program were ever found. It is the Zionist west who is lying and fabricating false pretexts, propaganda … to wage war against Iran. Under the Nuclear NPT (Non Proliferation Treaty) Iran has every right to a peaceful civilian nuclear power generation program. It is countries like Zionist Israel who refuse to sign the NPT who are the nuclear threat to the world. To goto war against Iran on the suspicion of Iran having a nuclear program, despite all the evidence otherwise, is illegal under international law. It is called mass murder, genocide. (emphasis mine)
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    US is ready to attack Iran, says ambassador! 
    by http://www.telegraph.co.uk/
    US plans for a possible military strike on Iran are ready and the option is “fully available”, Washington’s ambassador to Israel has said, days before Tehran resumes talks with world powers which suspect it of seeking to develop nuclear arms.
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    The United States has said it considers military force a last resort to prevent Iran using its uranium enrichment to make a bomb. Iran insists its nuclear programme is for purely civilian purposes. But remarks by ambassador Dan Shapiro were the bluntest warning so far to Tehran that its refusal to cooperate could lead to the use of military force by the US or Israel.
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    “It would be preferable to resolve this diplomatically and through the use of pressure than to use military force,” Ambassador Dan Shapiro said in remarks about Iran aired by Israel’s Army Radio. “But that doesn’t mean that option is not fully available – not just available, but it’s ready. The necessary planning has been done to ensure that it’s ready,” he continued.
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    The United States, Britain, France, Russia, China and Germany have been using sanctions and negotiations to try to persuade Iran to curb its uranium   enrichment, which can produce fuel for reactors, medical isotopes, and, at higher levels of purification, fissile material for warheads.
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    read more!

Iran war to trigger World War 3?

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May 19, 2012 Posted by | GeoPolitics | , , , , , , , , , , | Comments Off

Iran Attack Decision Nears, Israeli Elite Locks Down!

  • The leaders of Zionist ’666′ Israel are Masonic Illuminists. They want to execute the Satanic World War 3 plan. An attack on Iran will not make it safer for Zionist Israel. Millions of Israelis will die. So why do they want to carry this out?
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  • This is about the Illuminist global petrodollar-monetary hegemony. It is about starting a WW3 to provide a distraction from the coming global economic, financial and monetary meltdown. It is about using war for the mass culling of the sheeple (the Illuminists’ enemies). It is about the destruction of the current world order/system, fomenting chaos, global wars, violence, deaths, social unrest, famine, distress of nations, collapse …. to lay the foundation for the coming of their Anti-Christ, the fake messiah, the bringer of false peace, the white horseman of Revelation 6!
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  • Reuters is owned by Rothschild. Article below has a lot of propaganda about Iran developing nuclear weapons which are false! It is selling romantic mythology about Zionist ’666′ Israel. It is psyop: Iran Evil, Zionist Israel Good, propaganda! (emphasis and remarks mine)
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    Iran attack decision nears, Israeli elite locks down! 
    By Michael Stott 
    (Reuters) – …. This inner sanctum at the end of a corridor between Netanyahu’s private room and the office of his top military adviser, is where one of the decade’s most momentous military decisions could soon be taken: to launch an Israeli attack on Iran’s nuclear program. Time for that decision is fast running out and the mood in Jerusalem is hardening. (This is BS, Iran is not an existential threat nor does it have a nuclear weapons program.)
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    Iran continues to enrich uranium in defiance of international pressure, saying it needs the fuel for its civilian nuclear program. The West is convinced that Tehran’s real objective is to build an atomic bomb – something which the Jewish state will never accept because its leaders consider a nuclear armed-Iran a threat to its very existence. (This is FALSE, the conclusion from the Pentagon, Mossad, IDF Army chief and intelligence agencies are that Iran has not decided to build nuclear bombs!)
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    Adding to the international pressure, U.S. ambassador to Israel Daniel Shapiro said this week American military plans to strike Iran were “ready” and the option was “fully available”. (Satanic WW3 Plan)
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    The central role Iran plays in Netanyahu’s deliberations is reflected in the huge map of the Middle East hanging by the door of his office. Israel lies on one edge, with Iran taking pride of place in the centre.
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    Experts say that within a few months, much of Iran’s nuclear program will have been moved deep underground beneath the Fordow mountain, making a successful military strike much more difficult.
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    LOCKDOWN
    As the deadline for a decision draws nearer, the public pronouncements of Israel’s top officials and military have changed. After hawkish warnings about a possible strike earlier this year, their language of late has been more guarded and clues to their intentions more difficult to discern.
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    “The top of the government has gone into lockdown,” one official said. “Nobody is saying anything publicly. That in itself tells you a lot about where things stand.”
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    Last week Netanyahu pulled off a spectacular political surprise, creating a coalition of national unity and delaying elections which everyone believed were inevitable. The maneuver also led to speculation that the Israeli leader wanted a broad, strong government to lead a military campaign.
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    The inclusion of the Iranian-born former Israeli chief of staff and veteran soldier, Gen. Shaul Mofaz, in the coalition, fuelled that speculation – even though both Mofaz and Netanyahu deny that Iran was mentioned in the coalition negotiations.
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    “I think they have made a decision to attack,” said one senior Israeli figure with close ties to the leadership. “It is going to happen. The window of opportunity is before the U.S. presidential election in November. This way they will bounce the Americans into supporting them.”
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    Those close to Netanyahu are more cautious, saying no assumptions should be made about an attack on Iran – an attack with such potentially devastating consequences across the volatile Middle East that Palestinian President Mahmoud Abbas even went so far as to predict in an interview with Reuters last week that it would be “the end of the world”.
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    Israelis particularly fear retaliation from Iran’s proxy militias – the Hezbollah guerrillas in southern Lebanon and the Hamas fighters in the Gaza Strip. Both are believed to possess large arsenals of rockets which could hit major Israeli towns and cities.
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    Hezbollah’s deputy leader Sheikh Naim Qassem told Reuters in February that an Israeli attack on Iran would set the whole Middle East ablaze “with no limit to the fires”. “Gone are the days when Israel decides to strike, and the people are silent,” he said.
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    The Israeli Prime Minister and his key allies repeat for public consumption the mantra that economic sanctions against Iran must be given time to work and that now is not the time to speak about military options.
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    Top officials explain the new coalition on purely domestic grounds, saying it was needed to tackle the thorny and divisive issue of pressing Orthodox Jews into military service – in other words, that its formation has much more to do with the agenda inside Israel than abroad.
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    BURIED NUCLEAR STATES
    Diplomats are divided. “I think the Iran thing is a red herring,” said one senior Western envoy. “This is 98 percent about domestic politics”. Others are less convinced. Mofaz himself refuses to speak about military action against Iran, even in the theoretical.
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    A military veteran with almost 40 years’ operational experience, whose office in the Israeli parliament displays a poster of Israeli warplanes flying low over the Auschwitz concentration camp, he scoffs at the idea that his Iranian descent gives him special influence on an Iran attack decision. He derides the idea any serious official in the know would talk to visiting journalists about such a sensitive military subject.
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    But behind the carefully evasive language of top officials, basic facts are clear. Time is running out. Iran’s nuclear program – regarded by Netanyahu as an existential threat to the state of Israel – will soon be buried deep enough underground to render an Israeli attack impossible. The Jewish state’s options are narrowing. (Propaganda BS)
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    “I think they’ve gone into lockdown mode now,” the senior Western diplomat said. “Whatever happens next, whatever they decide, we will not find out until it happens.” There are indeed those who see in Israeli posturing over Iran only bluff intended to press world powers into harsher sanctions and avoid war. Some military experts openly doubt how much damage Israel could inflict. The risk of a fiasco is big.
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    read more!

Revelation 2:9 – …. and I know the blasphemy of those who say they are Jews and are not, but are a synagogue of Satan.

“ … it turns out the creation of Israel had not, after all, been a haphazard fight in which the Arabs fled their homes at the directives of their own leaders, but it had been an unprovoked, systematic campaign of ethnic cleansing by the Jewish militia involving massacres, terrorism and the wholesale looting of an entire nation.” - from 4:22 onwards

end

May 19, 2012 Posted by | GeoPolitics | , , , , , , , , , , , | Comments Off

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