Despite economic fears, the E.U. sanctions Russia again

The European Union on Thursday slapped more sanctions on Russia for helping separatists destabilize Ukraine, limiting Russia’s access to its financial market, hitting the country’s vital oil industry, curbing high-tech exports and targeting more officials with travel bans and asset freezes.
Many E.U. members had been loath to increase the sanctions against Russia for fear of jeopardizing their close trade relationships with Moscow. But a compromise struck in a video conference call with top EU leaders broke a deadlock that had paralyzed the 28-nation bloc from taking tougher action over the past ten days.
Under the compromise hashed out by leaders including Britain’s Prime Minister David Cameron, Germany’s Angela Merkel and France’s Francois Hollande, the sanctions could be reversed within weeks if the cease-fire in eastern Ukraine holds.

This post was published at Washington Post

US at War with ISIS in Middle East, Ukraine Crisis and More Sanctions Against Russia

The following video was published by Greg Hunter on Sep 11, 2014
America is at war in the Middle East. President Obama came on national media this week and said ISIS terrorists in eastern Syria and western Iraq ‘will find no safe haven,’ and he wants to ‘ultimately destroy ISIL.’ Of course, Secretary of State John Kerry said it really was not a war but a ‘significant counter-terror operation.’ To that I say horse hooey! This is war any way you cut it, even if it is supposedly only an air campaign with military ‘advisors.’ Just think, President Obama won a Nobel Peace Prize at the beginning of his first term. Will he have to give it back? The Russians also charge this is more about getting a pipeline through Syria than it is about fighting terrorism. The pipeline is natural gas, and Qatar wants to start supplying Europe. The Russian Foreign Minister, Sergey Lavrov, is worried that a bombing campaign could lead to a ‘huge escalation in the conflict in the Middle East and North Africa.’
Speaking of natural gas, Europe is about to have theirs cut off. There are new sanctions coming from the U. S. and the EU over the Ukraine crisis. It’s going to involve Russia’s biggest energy companies, among other sanctions, but the oil companies are the biggies here. Russia will respond, and what do you bet it will involve higher gas prices and less of it this winter in Europe? The European economy is already in a tail spin, and this will surely drive it into a depression. News flash–even the new President of Ukraine says most, if not all, Russian fighters have left the country. Russia says they were never there to begin with, but Ukraine says they are ‘mostly gone.’ So, what gives with the new sanctions?

Casting Russia as Expansionist to Advance EU Solidarity

Fragmentation fashion across Europe means German hegemony, if we’re lucky … The German people so far remain a bastion of rationalism, holding together as others tear themselves apart. Europe is disintegrating. Two large and ancient kingdoms are near the point of rupture as Spain follows Britain into constitutional crisis, joined like Siamese twins. – Telegraph
Dominant Social Theme: Devolution and secession are dangerous conceptually and in action.
Free-Market Analysis: Ambrose Evans-Pritchard provides us with a trenchant analysis of what’s taking place in Europe, and then makes a wrong turn toward the end of the article. He does that a lot these days.
Nonetheless, it’s an interesting report, explaining that Europe is increasingly verging on entropy.
For a mainstream media guy, he can be pretty provocative.
Here’s more:
The post-Habsburg order further east is suddenly prey to a corrosive notion that settled borders are up for grabs. “Problems frozen for decades are warming up again,” said Giles Merritt, from Friends of Europe in Brussels.
The best we can hope for – should tribalism prevail – is German political hegemony in Europe. The German people so far remain a bastion of rationalism, holding together as others tear themselves apart. The French are too paralysed by economic depression and the collapse of the Hollande presidency to play any serious role.

This post was published at The Daily Bell on September 12, 2014.

Vote YES On Scottish Independence – Scotland Finally Has A Chance To Get Free From The British

Scottish voters finally have the opportunity to fulfill William Wallace’s dream of a Scotland that is free and independent of England forever. All they have to do is vote yes next week. Without a doubt, a divorce from the British would be quite messy, and life would probably be more comfortable in the short-term if Scotland remains part of the United Kingdom. But hopefully the people of Scotland are looking beyond short-term concerns. Today, the United Kingdom is a horribly repressive Big Brother police state that is dominated by bureaucratic control freaks. You can hardly even sneeze without violating some kind of law, rule or regulation. And the London banking establishment is at the very heart of the debt-based global financial system which is enslaving so much of the planet. Scotland finally has a chance to get free from all of this. All it is going to take is a yes vote on Scottish independence.
It looks like it is going to be an incredibly close vote. Recent polls show that the result could go either way. Needless to say, this is causing the British establishment to freak out quite a bit.
For example, a couple of large banks have attempted to sway the vote during this past week by publicly declaring that they will have to move to England if the vote for Scottish independence is successful.
The Royal Bank of Scotland announcedThursday that it is making contingency plans to move its legal incorporation to England in the event of a ‘yes’ vote. In addition, Lloyds Banking Group said it had made arrangements to establish ‘new legal entities’ in England should voters in Scotland decide to sever ties with Britain.

This post was published at The Economic Collapse Blog on September 11th, 2014.

Fishing for Trout With Rope and Mashed Potatoes; Mentality of Jackasses; Gas Pains

The EU stepped up its sanctions today after forcing all the ducks in line with the position of president Obama. Russia immediately responded in kind with actions on cars, clothes, and energy.
The Financial Times reports Russia Threatens to Cap Western Car and Clothing Imports.
Russia threatened to escalate a growing trade dispute between the Kremlin and the EU, saying it could cap western car and clothing imports.
The fresh warning came as EU diplomats ended a week-long deadlock on Thursday over a new round of sanctions against the Kremlin, and agreed to trigger measures to block Russia’s largest state-owned oil companies from raising money on European capital markets.
Forcing Ducks In Line
The measures were due to go into effect at the start of the week, but several EU countries balked, arguing they needed more time to assess whether the Kiev-brokered ceasefire would take hold.
Diplomats said the decision by EU ambassadors to press ahead came after Herman Van Rompuy, the European Council president, held a conference call on Thursday with the leaders of the four European countries in the Group of Seven leading industrialised nations – Germany’s Angela Merkel, France’s Franois Hollande, Britain’s David Cameron and Italy’s Matteo Renzi – to finalise the measures.

This post was published at Global Economic Analysis on September 11, 2014.

Dennis Kucinich: US Lying and Manipulating Fear to Justify War on ISIS

RPI Advisory Board Member Dennis Kucinich, interviewed this week on the Alan Colmes Show, emphatically argues against the United States military attacking ISIS. In particular, Kucinich explains that the US government is lying and manipulating fear to justify war on ISIS. A big part of the US government’s trickery, Kucinich notes at the beginning of the interview, is that US ‘ally’ Qatar is funding ISIS while the US government is bombing ISIS. Asked by Colmes what Kucinich, a two-time presidential candidate, would do regarding ISIS if Kucinich were ‘in power,’ Kucinich responds:
Well, I’d start with having Qatar stop funding them. I mean, to me it’s not even credible that Qatar could be providing money to ISIS and the US spending $80 billion a year on so-called intelligence doesn’t know that.
Kucinich proceeds in his answer to note that Saudi Arabia was also involved in funding ISIS and that the US government funded ISIS indirectly through its funding of insurrectionists in Syria in an effort to overthrow the Syria government. Kucinich expands on this matter later, explaining:

This post was published at Ron Paul Institute on September 10, 2014.

US/Central Banker Coalition Starts To Crack Which Gives Way To The False Flag Event – Episode 465

The following video was published by X22Report on Sep 11, 2014
Greek unemployment is still unbelievably bad years after the bailout. Initial jobless claims are continuing to rise. The housing market is getting worse, foreclosures are on the rise. UK banks are preparing for the Scotland vote to be independent. DHS wants store owners to report people purchasing strange objects. Poland still complaining about the gas cut back, Russia says they are not limiting the supplies. New sanctions are placed on Russia. The President lays out his strategy to bomb Syria and fund the FSA. The coalition is starting to crack be prepared for a false flag event to get us into WWIII.

TRUTH: You’re more likely to be shot by a police officer than a terrorist

Santiago, Chile
Governments and mainstream media outlets have a great way of presenting sensational threats and evil villains.
They want us to be terrified of men in caves, roving bands of barbarians, and deadly viruses that turn our insides out.
Last night, for example, President Obama told the world that ISIL poses the most significant threat to global security.
(Ironically al-Qaida no longer seems to be a threat, and ISIL, which no one had heard of until a few months ago, is now public enemy #1. It just goes to show how shallow and reactionary the security theater is…)
But here’s the truth:
If you live in the Land of the Free, you’re far more likely to get ‘accidentally’ shot by a police officer than blown up by a terrorist.
You’re also far more likely to lose the preponderance of your life’s savings due to a currency crisis than you are to be infected with the Ebola virus.
Words are hollow. Look at reality.

This post was published at Sovereign Man on September 11, 2014.

Gallup Poll Shows Doom for Dems in November, But One Hope Remains

The 11 September 2014 Gallup Poll report shows that Americans are turning against the Democratic Party just months before the upcoming November elections. The answers to the survey question that has always correlated the most with which Party gained or lost how many House seats, in mid-term congressional elections, now overwhelmingly favor the Republicans. This question is: ‘Looking ahead for the next few years, which political party do you think will do a better job of keeping the country prosperous?’ In 2010, when Republicans gained a record 63 House seats, they enjoyed an 8% edge on this question. Their edge now is one point higher than that, 9%.
This Gallup report also finds that there is a record-breaking 55% to 32% margin, or a net 23% advantage, favoring the Republican Party, on their other key question: ‘Looking ahead for the next few years, which political party do you think will do a better job of protecting the country from international terrorism and military threats?’ That question also correlates highly (though not as highly) with each Party’s gain or loss of House seats. In 2010, Republicans had a 7% edge on that. So, Republicans gained 63 seats when the public favored their Party by 8% on the economy and by 7% on defense; and now Republicans are favored by 9% on the economy and by 23% on defense.
Both the economy and defense are actually primarily the responsibility of the President, rather than primarily of Congress. But (and other polls also confirm this fact) the mid-term congressional elections are largely determined by the rub-off of the President’s Party-label onto the congressional members of his Party. The reason Americans don’t like congressional Democrats is mainly that they don’t like what Barack Obama has been doing as President.
In other words: on both the economy and defense, Republican candidates now enjoy the far better brand after 6 years of the ‘Democrat’ Obama occupying the White House. The albatross dragging down the fortunes of congressional Democrats is ‘Democratic’ President Barack Obama himself.

This post was published at Washingtons Blog on September 11, 2014.

11/9/2014: Some Recent Links on Ukrainian Conflict

Here is an interesting compendium of academic and analysts’ voices dissenting from the prevalent Nato/US rhetoric on the long-term prospects for Nato’s role in Ukraine. Note: some of the links come via RIA Novosti, a Russian news agency, which is hardly surprising, given the consistent spin in the opposite direction that we get from the traditional Western media. Another note: this collection of links is not a comprehensive reflection of the reality. It is not designed to be such. In reality, nothing is/can be comprehensive, especially when it comes to the conflict in Ukraine. My point is that much of what we are bombarded with in the social media and traditional media is one-sided. Here is a different side to the same stories. Ukraine and Nato: “The world could plunge into a new Cold War with Russia and China emerging as a new financial centers, unless the West changes the existing financial structures, a professor at University of California, Davis Wing Thye Woo said …at the discussion at the Johns Hopkins School of Advanced International Studies.’I think that if changes do not occur in the international [financial] institutions of today, I think that we are basically encouraging a China-Russian alliance to formulate an alternative center to the US,’ Woo said.”

This post was published at True Economics on September 11, 2014.

How I Remember September 11, 2001

I wrote the following a year ago today. I’m reposting because it is more important now than ever in light of the most recent war propaganda:
How I Remember September 11, 2001
I remember 9/11 like it was yesterday. I was one year into my Wall Street career. I got up that morning just like every other morning and headed toward Union Square station to get on the subway down to 3 World Financial Center, the headquarters of Lehman Brothers. I had just purchased breakfast in the cafeteria when I saw one of the human resources folks from my floor yelling to evacuate. I was confused but I got my ass downstairs fast. When I got down there I joined the hundreds of others staring in awe skyward at the gaping hole in the North Tower of the World Trade Center. People speculated that a helicopter had hit the building, but I said no way. It looked like a bomb went off to me.

This post was published at Liberty Blitzkrieg on Thursday Sep 11, 2014.

Scottish Independence or Scotland In Dependence? – Geneva Business Insider

The following video was published by corbettreport on Sep 10, 2014
This month on the Geneva Business Insider, James and David preview next week’s Scottish independence vote and the various political forces that are clashing as the Scottish people go to the polls. We discuss the push for NATO membership, EU membership and a central bank for “free” Scotland and how it undermines the entire push for independence. We also examine the latest on the ceasefire in Eastern Ukraine and the specter of a cyber-hacking bank bailout.

Poland Says Russian Gas Deliveries Tumble By 45%; Europe To Launch Sanctions On Friday, Russia Will Retaliate

Yesterday, when Gazprom was supposedly “troubleshooting its systems”, we reported that in what was the first salvo of Europe’s latest cold (quite literally, with winter just around the corner) war, Poland complained that up to 25% of its usual gas deliveries from Russia had been cut. Russia indirectly hinted that this was also a result of Ukraine using “reverse flow” to meet its demands, with Europe allowing Kiev to syphon off whatever gas it needs without paying Gazprome for it. It also led Poland to promptly admit it would halt reverse flow to the civil-war ridden country. Fast forward to today when Polish financial website Biznes reports that things are going from bad to worse in Russia’s energy retaliation war, after Poland claimed a 45% shortfall in Russian natgas imports as of Wednesday.
Not surprisingly, Gazprom has said that is not the case, which leaves two options: either someone is lying, or the Ukraine is quietly, and illegally syphoning off gas destined for Europe.

More:
Poland’s listed natural gas group PGNiG noted Wednesday natural gas deliveries from the east 45% below the ordered level, the firm said in a Thursday press statement. Wednesday marks the third straight day when Poland claims to have received less gas than ordered from Russia’s Gazprom. Poland claims that shortfall forced a shutdown of re-export to gas-strapped Ukraine and an increase in imports from other directions to compensate the loss. “Under the Yamal contract, PGNiG has the right to collect volumes lower or in line with the maximal daily amounts contracted for particular entry points,” PGNiG said. “Volumes ordered by PGNiG were below the maximal level – that is line with the contract. Nevertheless, they have not been realized by OOO Gazprom Export.”

This post was published at Zero Hedge on 09/11/2014.

France says will not meet E.U. deficit rules until 2017

Crisis-wracked France on Wednesday said it would not be able to get its public deficit under the EU maximum of three percent until 2017, pushing the target back by two years.
Finance Minister Michel Sapin said France's deficit would be 4.4 percent of output in 2014, dropping only slightly to 4.3 percent in 2015. He added the target of getting below the three-percent ceiling would not happen until 2017, instead of 2015 as previously forecast.

This post was published at France24

U.S. Free Syrian Army & U.S. Created Islamic State Working Together To Remove Assad – Episode 464

The following video was published by X22Report on Sep 10, 2014
French economy is imploding and is now being blamed for collapsing the rest of the Euro zone. Mortgage applications continue to fall. The FED is now asset stripping local government to protect banks from bank runs. Russia and China are in talks to create their own SWIFT payment system. China is deploying troops to protect its investments in South Sudan. Forces are being prepared to go into Libya. President Obama has been warned by Syria and Russia not to bomb Syria. The Islamic State has its eye on Saudi Arabia. The U. S. Free Syrian Army is now working with the U. S. created Islamic State to fight against Assad. The goal is the same, remove Assad and attack Iran. Be prepared for a false flag event which will lead to WWIII.

Putin – War – & Return of Mercenaries – the Masquerade

Many people have written asking about Putin. The pundits are claiming the Russian Army is weak and could not wage war. Russia is actually looking at expanding its military policy re-targeting Europe and the USA as enemies, and rewriting protocols for justification of a defensive first strike with nuclear weapons. The greatest mistake that the West has made so far is to judge Russia through their own eyes based upon themselves with extreme arrogance and prejudice. Just because you would not want war does not mean your opponent has the same view. Additionally, the arrogance of the politicians can force war by their unyielding posture and inability to realize that they have left their opponent with no other option.
The arrogance that Russia is weak and could not afford war is a huge mistake because it is the West who cannot afford war in the middle of an economic implosion where we have a Sovereign Debt Crisis brewing on an unprecedented scale. War also gas been an escape valve for fiscal mismanagement and in this respect, war become desirable as a decoy to hide the inability of politicians to cope with managing the state.
The Russian military forces are composed of 150,000 officers and 766,000 soldiers on active duty. There are about 2,485,000 reservists. The Russian Ground Forces have 15,500 tanks, 27,607 armored fighting vehicles (AFV), 5,990 self-propelled guns (SPG), 4,625 towed artillery guns and 3,781 multiple rocket launcher artillery systems (MLRS), according to reports of the Military portal Global Fire Power. For the Air Force, Russia has about 3,082 airplanes, jets and helicopters. Russia has only about 114 combat helicopters compared to the USA’s 914 attack helicopters …

This post was published at Armstrong Economics on September 10, 2014.

Obama’s False Flag Speech Tonight

Tonight, on the eve of another anniversary for 9-11, the current President of the United States will be giving a speech about the threat of ISIS (Islamic State of Iraq and Syria or IS for short) where a new American strategy for dealing with this terrorist army will be outlined after he stated several days ago that he didn’t have one. Several months ago in fact, the President called ISIS the ‘JV team’ in one of his numerous infamous quotes and since that time they have carved out what amounts to a small nation in Eastern Syria and Western Iraq.
The issue of ISIS however, is not the key point to the speech tonight. If ISIS were truly a serious threat to US interests, aka, the Kingdom of Saudi Arabia, then our ‘allies’ in the region would request that the United States position more troops into Kuwait and Jordan to protect those kingdoms and to cut off any advance towards the House of Saud. Meanwhile, many questions about this speech and American policy towards ISIS will not be answered by this administration nor our ‘allies’ in the region:
1. If the United States is aware that ISIS is now in possession of approximately 30 M1 Abrams tanks, why have we not destroyed them with an air strike by now? Theoretically one would hope that the U. S. would install a ‘kill switch’ such as those used by American rental car companies just in case a vehicle is stolen, or at least some type of GPS tracking at a minimum once the weapons were left for the Iraqi military.
2. Why are Western governments in Europe and including the United States announcing any types of sanctions for those countries aiding and abetting the ISIS cause? There is ample evidence within the mainstream media that Qatar is acting as the finance and banking arm for the Islamic State yet not one word has been uttered about cutting off trade or even a small threat of sanctions from any nation except for Saudi Arabia (see: Saudi threatens to block Qatar’s land, sea borders from this posting about Saudi-Qatari relations: Is Saudi Arabia Preparing to Invade Qatar?).
3. There is demonstrable evidence that Turkey, a NATO member nation, has also been arming and training ISIS forces yet the silence from Brussels, London, and Washington has been deafening. Will President Obama announce an initiative to cut off the supply of arms and soldiers migrating from Turkish territory into Iraq and Syria tonight? I seriously doubt it.

This post was published at John Galt Fla on September 10, 2014.

While Obama Snoozes, Russia Is Preparing For Nuclear War With The United States

Did you know that two Russian bombers practiced launching cruise missiles at the United States from a spot in the North Atlantic just the other day? And did you know that Russia is spending massive amounts of money to build and test new nuclear weapons systems? Meanwhile, the Obama administration is doing absolutely nothing to upgrade the U. S. nuclear arsenal. Our nuclear officers are actually still using floppy disks and other computer technologyfrom the 1960s. The size of the U. S. nuclear arsenal has been reduced by about 95 percent from the peak of the Cold War, and Barack Obama has spoken of even more dramatic reductions. Obama is snoozing even as a Russian general speaks of the need to ‘spell out the conditions under which Russia would launch a preemptive nuclear strike’ against the United States. Obama appears to be entirely convinced that a nuclear war between the U. S. and Russia is not even a remote possibility. He better be right, because we are definitely not prepared for one.
Even with everything that has happened between the United States and Russia lately, most Americans still believe that ‘the Cold War is over’ and that Russia presents absolutely no threat to us.
But Russia is behaving as if the Cold War is still very much on. You probably didn’t hear a peep about it from the mainstream media, but just the other day a couple of Russian bombers simulated launching cruise missiles at us from the North Atlantic. The following is an excerpt from an excellent article by Bill Gertz…

This post was published at End Of The American Dream on September 10th, 2014.

President Obama Unveils The “It’s Different This Time” ISIS Strategy – Live Feed

It’s been a week and Nobel Peace Prize-winning President Obama is ready to unveil the ISIS strategy. It appears the plan is to provide arms and training to ‘moderate’ Syrian rebels (remember the same ones that ‘were’ moderate and became extreme thanks to being well-armed) at a cost of at least $5bn, save hearts and minds in Iraq (with some more humanitarian shipments), andimpose sanctions (yes, Treasury said efforts against ISIS will include finances). No boots-on-the-ground (just advisors) and we are sure some Syrian bombing (whether or not they agree) and do not forget – this is a long-standing commitment…

This post was published at Zero Hedge on 09/10/2014.