Socio-Economics History Blog

Socio-Economics & History Commentary

Nigel Farage on The Failings of The EU Summit And an Anti-Democratic Europe!

June 29, 2012 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , | Comments Off on Nigel Farage on The Failings of The EU Summit And an Anti-Democratic Europe!

CIA Trains Muslim Extremist To Overthrow Syria!

June 29, 2012 Posted by | GeoPolitics | , , , , , , , | Comments Off on CIA Trains Muslim Extremist To Overthrow Syria!

Global Collapse Closer Than You Think !

June 29, 2012 Posted by | Economics, GeoPolitics | , , , , , , , , , , , | Comments Off on Global Collapse Closer Than You Think !

Alex Jones: Is The Olympics The Next 9/11? Whistleblower Speaks Out ! Get Ready for Martial Law by September-October?!

June 29, 2012 Posted by | GeoPolitics | , , , , , | Comments Off on Alex Jones: Is The Olympics The Next 9/11? Whistleblower Speaks Out ! Get Ready for Martial Law by September-October?!

EU Shoots Itself in Foot with Iran Oil Embargo?

June 29, 2012 Posted by | Economics, GeoPolitics | , , , , , | Comments Off on EU Shoots Itself in Foot with Iran Oil Embargo?

CrossTalk: Syrious Turk !

June 29, 2012 Posted by | GeoPolitics | , , , , , , , , , | Comments Off on CrossTalk: Syrious Turk !

PIIGS Too Heavy for Berlin Bailout Backers!

June 29, 2012 Posted by | Economics | , , , , , , , , , | Comments Off on PIIGS Too Heavy for Berlin Bailout Backers!

Keiser Report: Zombie Bank Apocalypse!

June 29, 2012 Posted by | Economics, Social Trends | , , , , , , , , , , , , , , | Comments Off on Keiser Report: Zombie Bank Apocalypse!

Ron Paul Continues Fight To Audit The FedRes!

Don’t you see the Illuminist pyramid and Satanic capstone on your dollar bill?

June 29, 2012 Posted by | Economics, GeoPolitics | , , , , , , , | Comments Off on Ron Paul Continues Fight To Audit The FedRes!

The Euro Was Intended To Destroy The Nations of Europe!

  • The Euro Was Intended To Destroy the Nations of Europe! 
    by http://larouchepac.com/ 
    “The idea that the euro has ‘failed’ is dangerously naive. The euro is doing exactly what its progenitor — and the wealthy 1%-ers who adopted it — predicted and planned for it to do.” So wrote Greg Palast in yesterday’s London Guardian, noting that the progenitor, Robert Mundell, saw the euro as “a weapon that would blow away government rules and labor regulations.” “I knew him [Mundell] through his connection to my [U. of] Chicago professor, Milton Friedman,” Palast added.

    Palast described Mundell’s view thusly: “The euro would really do its work when crises hit, Mundell explained. Removing a government’s control over currency would prevent nasty little elected officials from using Keynesian monetary and fiscal juice to pull a nation out of recession. ‘It puts monetary policy out of the reach of politicians,’ he said. ‘[And] without fiscal policy, the only way nations can keep jobs is by the competitive reduction of rules on business.’ He cited labor laws, environmental regulations and, of course, taxes. All would be flushed away by the euro. Democracy would not be allowed to interfere with the marketplace — or the plumbing.

    Palast continued: “Mundell explained to me that, in fact, the euro is of a piece with Reaganomics: ‘Monetary discipline forces fiscal discipline on the politicians as well.’ And when crises arise, economically disarmed nations have little to do but wipe away government regulations wholesale, privatize state industries en masse, slash taxes and send the European welfare state down the drain.”

    The term “structural reforms” is “a euphemism for worker-crushing schemes,” Palast wrote, adding that the “currency union is class war by other means.” “Far from failing, the euro, which was Mundell’s baby, has succeeded probably beyond its progenitor’s wildest dreams.”

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June 29, 2012 Posted by | Economics, GeoPolitics | , , , , , , , , , , | Comments Off on The Euro Was Intended To Destroy The Nations of Europe!

LaRouchePAC: The Escalating Breakdown of The European Financial System! The Plan is To Create a Panic So Big That Germany will be Forced To Go Along with Bailout !

June 29, 2012 Posted by | Economics, GeoPolitics | , , , , , , , , , , | Comments Off on LaRouchePAC: The Escalating Breakdown of The European Financial System! The Plan is To Create a Panic So Big That Germany will be Forced To Go Along with Bailout !

Stephen Lendman: Washington And Ankara Intelligence Op? Syria Blamed for Turkish Provocation!

  • “All wars are based on deception!” – Sun Tzu, The Art of War
  • Washington and Ankara Intelligence Op? Syria Blamed for Turkish Provocation! 
    by Stephen Lendman, http://globalresearch.ca/
    On June 22, two Turkish warplanes entered Syrian airspace low and fast. Doing so showed hostile intent.

    The Obama administration’s dirty hands are all over this incident. Washington and Ankara wanted a reaction and got it. Expect what’s ahead to unfold as planned. Turkish officials claim Syria downed its aircraft in international waters. They lied.

    A previous article said the Istanbul-based Hurriyet daily reported that “wreckage of a Turkish jet shot down by Syria (was found) in Syrian waters….Turkish news channels reported (it) on Sunday, without citing a source.”

    Doing so refutes claims that Syria acted in international waters. On June 24, the UK government controlled BBC sent mixed messages. On the one hand, it reported high-level British and US condemnations. Britain’s Foreign Secretary William Hague called Syria’s act “outrageous.” He stressed “how far beyond accepted behavior the Syrian regime has put itself.”

    Hillary Clinton said the following:“The United States condemns this brazen and unacceptable act in the strongest possible terms. It is yet another reflection of the Syrian authorities’ callous disregard for international norms, human life, and peace and security.” “We will work with Turkey and other partners to hold the Assad regime accountable.”

    Ten paragraphs into its online report, BBC also said:

    “The Turkish foreign ministry said it knew the coordinates of the jet, which was in Syrian territorial waters at a depth of 1,300m (4,265ft)…”

    At the same time, it quoted Foreign Minister Ahmet Davutoglu saying:

    “According to our conclusions, our plane was shot down in international airspace, 13 nautical miles (24km) from Syria.”

    Territorial waters extend 12 nautical miles from coastlines. Downed aircraft, at depths of 4,265 feet at the bottom of the Mediterranean, don’t move on their own one nautical mile (6,076 feet) in a matter of hours.

    Davutoglu was caught red-handed in a bald-faced lie. BBC highlighted his comments. It noted the truth on three lines buried well into a detailed report. It featured misinformation, not truth and full disclosure. US media scoundrels also suppressed the story. On June 24, Reuters headlined the truth in a two paragraph report, saying:

    “Wreckage of downed Turkish jet found in Syrian waters: TV.”
    “Search teams have located the wreckage of a Turkish fighter jet shot down by Syria on Friday in Syrian waters at a depth of 1,300 meters, Turkish news channels reported on Sunday, without citing a source.”


    Mossad-connected DEBKAfile (DF) headlined the same information, saying:

    “Turkish TV: downed plane wreckage found in Syrian waters.”

    DF said Syria used Russian-made “self-propelled medium range anti-air Pantsyr-1 missiles….” It’s capable of downing aircraft and cruise missiles at altitudes up to 12 km.

    Syrian Foreign Ministry spokesman Jihad Makdissi said Turkish planes flew at an altitude of 100 meters. Anti-aircraft fire, no(t)r radar-guided missiles, downed one. Unauthorized entering Syria’s airspace “clear(ly) breach(es its) sovereignty.”

    He added that Damascus seeks friendly relations with Ankara. It’ll respond in kind to any positive overtures. On June 24, CNN buried the truth, saying:

    “Turkish search-and-rescue teams found the wreckage of the fighter jet in the Mediterranean Sea on Sunday, about 1,300 meters (4,260 feet) underwater….”

    Omitted was saying the aircraft was found in Syrian waters. Other major US media also suppressed what most needs explaining.

    read more!

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June 29, 2012 Posted by | GeoPolitics | , , , , , , , , , | Comments Off on Stephen Lendman: Washington And Ankara Intelligence Op? Syria Blamed for Turkish Provocation!

John Hathaway: Confidence Severely Damaged, Chaos To Accelerate!

Eurozone collapse super storm is coming! Graphic source: http://akhater.deviantart.com

  • Hathaway – Confidence Severely Damaged, Chaos to Accelerate! 
    by www.kingworldnews.com
    Four-decade veteran John Hathaway told King World News, “Let’s face it, the euro is a lot bigger deal than Lehman Brothers and the subprime credit mess.” The prolific manager of the Tocqueville Gold Fund also warned, “Confidence has been severely damaged” and “…investors need to be prepared for the chaos to accelerate.”  Here is what Hathaway had to say about the ongoing crisis:  “To me the big picture hasn’t changed.  We have ongoing paralysis in Europe.  I was there for the past ten days, and most people I spoke with just threw up their hands.  I think to expect that there is going to be any resolution of this situation any time soon is a far-fetched dream.  I just don’t see it happening.”
    ….
    “So I think that mess is going to say with us for a very long time.  I don’t know how it’s going to be resolved, but I do think it is very constructive for gold because what you are seeing is the demotion of a reserve currency from a safe status, to something less than that. And if Germany leaves the euro, that’s a very climactic kind of market event.  But no matter what policymakers try to do, they cannot put Humpty Dumpty back together again.  Confidence has been severely damaged, and the process of rebuilding it is almost impossible. When the situation reaches this type of level, gold has always invited back into the system….

    read more!

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June 29, 2012 Posted by | Economics | , , , , , , , , , , , , , | Comments Off on John Hathaway: Confidence Severely Damaged, Chaos To Accelerate!

Von Greyerz: Greatest Financial Collapse The World Has Ever Seen!

Global financial collapse is coming!

  • Greyerz – Greatest Financial Collapse The World Has Ever Seen! 
    by www.kingworldnews.com
    With global stock markets trading in the red, today Egon von Greyerz told King World News that investors are going to witness the greatest financial collapse the world has ever seen.  Egon von Greyerz, who is founder and managing partner at Matterhorn Asset Management out of Switzerland, also said, “…investors are under the illusion that the system will continue, but it won’t.” Here is what Greyerz had to say about the the financial collapse:  “As always, Eric, I’m focusing on the big picture.  We are in a crisis, and the outcome is absolutely certain.  What is not certain is how we get there.  The problem is it’s not only one crisis, it’s a number of crises.  We have the first one which is the sovereign crisis.”
    ….
    “Almost every single major country in the world is bankrupt, and no one has the tools or a plan to get these countries out of this crisis.  So countries will go bankrupt by default or by printing excessive money.  This situation will continue to get worse and ultimately lead to a hyperinflationary depression.

    Then you have the banking crisis.  The banks are insolvent and they are also in a liquidity crisis.  And this is, again, worldwide.  There is no way the banks will be able to survive this without massive assistance.  This is a banking crisis of the magnitude which will amount to trillions of dollars, and if we take the whole of the derivative positions, it could be hundreds of trillions of dollars because of the counterparty risks.

    read more!

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June 29, 2012 Posted by | Economics | , , , , , , , , , , , | Comments Off on Von Greyerz: Greatest Financial Collapse The World Has Ever Seen!

Iran Threatens To Close Strait If New Sanctions Begin on 1 July!

  • The Eurozone is collapsing, America will follow soon! War is brewing in the Persian gulf. These are all part of the Illuminist’s plan: global economic, financial and monetary collapse leading to the Satanic World War 3!

    Iran threatens to close strait if new sanctions begin! 
    by The Daily Caller, via http://news.yahoo.com/ 
    With the failure of negotiations between Iran and six world powers last week, the Islamic regime now says it has the right, under international law, to close the Strait of Hormuz to oil tanker traffic should an embargo on Iran’s oil go into effect July 1.

    The third round of talks between Iran and the United States, Britain, France, China, Russia and Germany ended in Moscow without any agreement on Iran’s illicit nuclear program. Iran continues to insist that the only way out of the impasse would be for the West to accept its nuclear program.

    Hossein Shariatmadari, the chief editor of the Iranian Keyhan newspaper, which is directly under the supervision of the supreme leader, warned in a commentary on Saturday that not only will Iran not back down on what it sees as its right to become a nuclear power but that it has the ability to stop oil tanker passage through the strait should new sanctions take effect.

    “The enemy needs the negotiations just for the sake of negotiation as it knows that all its military threats are a bluff,” Shariatmadari wrote. “One thing is clear today: America and its allies, especially the fake government of Israel, are surely weaker and more despised than ever to even consider such stupid action.”

    Many within the Islamic regime believe that due to the deteriorating economic climates in Europe and America, and especially with President Obama facing re-election, the West will do everything it can to avoid military confrontation with Iran.

    read more!

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June 29, 2012 Posted by | GeoPolitics | , , , , , , , , | Comments Off on Iran Threatens To Close Strait If New Sanctions Begin on 1 July!