The following cable from US ambassador to Germany Philip Murphy ("Ambassador Murphy spent 23 years at Goldman Sachs and held a variety of senior positions, including in Frankfurt, New York and Hong Kong, before becoming a Senior Director of the firm in 2003, a position he held until his retirement in 2006") "CONFIDENTIAL: 10BERLIN181" tells us all we need to know about what has been really happening behind the smooth, calm and collected German facade vis-a-vis not only Greece, but all of Europe, and what the next steps are: "A EUROZONE CHAPTER 11: DB Chief Economist Thomas Mayer told Ambassador Murphy he was pessimistic Greece would take the difficult steps needed to put its house in order. A worst case scenario, says Mayer, could be that Germany pulls out of the Eurozone altogether in 20 years time. In 1990, Germany's Constitutional Court ruled that the country could withdraw from the Euro if: 1) the currency union became an "inflationary zone," or 2) the German taxpayer became the Eurozone's "de facto bailout provider." Mayer proposes a "Chapter 11 for Eurozone countries," which would place troubled members under economic supervision until they put their house in order. Unfortunately, there is no serious discussion of this underway, he lamented." This was In February 2010. The discussion has since commenced.
Monday, November 7, 2011
Sunday, November 6, 2011
IDF, Mossad sites offline after cyber attack threat
Hacking group posts video threatening attack over navy's interception of Gaza-bound flotilla; IDF: Incident due to "an error in servers."
The internet sites of the IDF Spokesman Unit, Shin Bet, and Mossad are all currently offline, two days after an international group of hackers threatened to launch a cyber-attack on Israel over the navy's interception of a Gaza-bound flotilla.
Saturday, November 5, 2011
Let's stop this façade of democracy
The Greece drama continues. The Greek bailout proposed by the Eurozone has the possibility to bring the world economy to its knees. It has been proposed by to have Greece removed from the Eurozone. This many say is a frantic attempt to help save the drowning currency. Many believe Greece is the scapegoat for a much larger problem. Gerald Celente, publisher at The Trends Journal, gives us his take on the messy situation.
Bank dumping days begin
Customers are dumping their banks in droves ahead of the nationwide "Move Your Money" and "Bank Transfer Day" movements this Saturday.
Given the recent spotlight on attempts -- and ultimate failures -- by some of the nation's biggest banks to tack on new debit card fees, thousands of disgruntled consumers have already either left or pledged to leave their current bank for a community bank or credit union, which are known for having fewer and/or lower bank account fees.
Vatican stunned by Irish embassy closure
The closure brought relations between Ireland and the Vatican, once ironclad allies, to an all-time low following the row earlier this year over the Irish Church's handling of sex abuse cases and accusations that the Vatican had encouraged secrecy.
Wednesday, November 2, 2011
GMO Researchers Attacked, Evidence Denied, and a Population at Risk
Biologist Arpad Pusztai had more than 300 articles and 12 books to his credit and was the world's top expert in his field. But when he accidentally discovered that genetically modified (GM) foods are dangerous, he became the biotech industry's bad-boy poster child, setting an example for other scientists thinking about blowing the whistle.
In the early 1990s, Dr. Pusztai was awarded a $3 million grant by the UK government to design the system for safety-testing genetically modified organisms (GMOs). His team included more than 20 scientists working at three facilities, including the Rowett Institute in Aberdeen, Scotland, the top nutritional research lab in the UK, and his employer for the previous 35 years. The results of Pusztai's work were supposed to become the required testing protocols for all of Europe. But when he fed supposedly harmless GM potatoes to rats, things didn't go as planned.
Within just 10 days, the animals developed potentially pre-cancerous cell growth, smaller brains, livers and testicles, partially atrophied livers, and damaged immune systems. Moreover, the cause was almost certainly side effects from the process of genetic engineering itself. In other words, the GM foods on the market, which are created from the same process, might have similar affects on humans.