Before It's News)
What better way to make sure there is no longer any gold than to ‘destroy the lack of evidence’? A massive fire has struck JPMorgan’s gold depot. Does the FACT that JPMorgan’s gold inventory plunged 66% on Friday have ANYTHING at all to do with this fire? When will American’s learn the bankers have looted us all? At least all of us still doing business with the bankers….something I gave up long ago…
A journalist on scene on Wall Street this evening has just sent us footage of a massive fleet of Firetrucks and ambulances in front of JP Morgan’s former headquarters at 1 Chase Manhattan Plaza, with fire-fighters stating they are responding to a COMMERCIAL VAULT FIRE IN THE BASEMENT of JPM’s headquarters at 15 Broad St!
With JPM’s gold inventory plunging 66% Friday to an all-time low of 46,000 ounces, and with reportedly over 502,000 ounces still standing against JPM for the JUNE gold contract, is the long anticipated force-majeure event in progress?
U.S. Government’s Secret Move to Hide Files on the Osama Bin Laden Raid
Posted on July 8, 2013
The Osama Bin Laden raid was suspect from the very beginning. Not only were key initial descriptions of the assault completely incorrect (such as him being armed and his wife being killed), but the manner in which his body was rapidly tossed into the ocean was beyond bizarre. I mean, Tony Soprano keeps a body longer than that.
Well it seems the “most transparent administration ever” has made sure that the American public never receives any information beyond the propaganda of Zero Dark Thirty. From the Associated Press:
WASHINGTON (AP) — The nation’s top special operations commander ordered military files about the Navy SEAL raid on Osama bin Laden’s hideout to be purged from Defense Department computers and sent to the CIA, where they could be more easily shielded from ever being made public.
The secret move, described briefly in a draft report by the Pentagon’s inspector general, set off no alarms within the Obama administration even though it appears to have sidestepped federal rules and perhaps also the Freedom of Information Act.
But secretly moving the records allowed the Pentagon to tell The Associated Press that it couldn’t find any documents inside the Defense Department that AP had requested more than two years ago, and could represent a new strategy for the U.S. government to shield even its most sensitive activities from public scrutiny.
Obamacare Strikes: Part-Time Jobs Surge To All Time High; FULL-TIME Jobs Plunge By 240,000
from Zero Hedge:
As a reminder: jobs have quantity and quality components. The quantity component was good enough to convince the 10 Year the taper is imminent (if not stocks, which continue to trade dislocated from any and all fundamentals). But how about the quality? In a word: not good. In June, the household survey reported that part-time jobs soared by 360,000 to 28,059,000 – an all time record high. Full time jobs? Down 240,000. And looking back at the entire year, so far in 2013, just 130K Full-Time Jobs have been added, offset by a whopping 557K Part-Time jobs. And there is your jobs “quality” leading to today’s market euphoria (if only for now).
EU orders global sweep of diplomatic missions after US spying reports
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Published time: July 01, 2013 16:08
AFP Photo / Bertrand Langlois
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EU, Europe, Intelligence, Scandal, Security, USA
The European Union has ordered a worldwide security sweep of all its premises following reports US intelligence has bugged its offices in Washington, Brussels and the United Nations.
Jose Manuel Barroso, president of the EU's Executive Commission, "has instructed the competent commission services to proceed to a comprehensive ad hoc security sweep and check" in light of the most recent spying allegations leveled at the US, spokeswoman Pia Ahrenkilde Hansen told reporters.
The sweep follows a report by German weekly Der Spiegel, based on revelations by fugitive whistleblower Edward Snowden, that the National Security Agency [NSA] bugged EU offices and gained access to EU internal computer networks.
Ahrenkilde said allegations of US spying were “disturbing” and demanded “full clarification.”
"Clarity and transparency is what we expect from our partners and allies and this is what we expect from the United States," she continued.
Ahrenkilde added that commission premises are “regularly swept and communications networks are checked against spying and eavesdropping.”
However, a spokesman for Catherine Ashton, the EU's foreign policy chief who oversees EU offices abroad, said the EU diplomatic missions in Washington, DC, and New York had moved premises since 2010 – the year the reported spying took place – and had subsequently changed over to “completely new security systems,” European Voice reports.
The spokesman added the spying allegations were “news to us.”
On Monday, US Ambassador to Germany Philip Murphy was called in for consultations at the Foreign Ministry after German Chancellor Angela Merkel said it would be “unacceptable Cold War-style behavior” if the reports proved true.
Steffen Seibert, a spokesman for Merkel, said the establishment of mutual trust was necessary before consensus could be reached on the EU-US Free Trade Agreement, potentially the ‘biggest bilateral trade deal in history.’
Following reports the French embassy in Washington and France's office at the UN in New York were being bugged, President Hollande also warned the alleged spying could sink the historic trade pact.
"There can be no negotiations or transactions in all areas until we have obtained these guarantees for France, but also for all of the European Union, for all partners of the United States," Hollande told reporters.
"We cannot accept this kind of behavior between partners and allies," he continued. "We ask that this stop immediately."
According to one of the documents obtained by the Guardian, dated September 2010, the United States reportedly spied on 38 diplomatic missions which it referred to as “targets.”
The surveillance program was intended to garner inside knowledge of policy disagreements on global issues and other rifts between both EU member states and other countries.
France, Italy and Greece were named among the EU countries pinpointed, while India, Japan, Mexico, South Korea, and Turkey were among other US allies mentioned in the document.
James Corbett: ‘US pushes smear campaign against Snowden to distract from NSA leak’
from Russia Today:
Edward Snowden’s revelations had already led to some tension between the US and China. Beijing has demanded that Washington explain its surveillance program and cyber spying to the international community.
Why It’s Easier to Believe 150 000 000 Americans are Lazy than 400 Americans are Greedy
Monday, June 17, 2013 21:06
(Before It's News)
BECAUSE THEY CAN MAKE YOU BELIEVE IT.
I mean, you wouldn’t do anything under hypnosis that you wouldn’t ordinarily do, right Mr Manchurian Candidate?
Snce the ‘invention’ of Public Relations aka Propaganda, we have believed that the “150 million” are lazy and they have believed it themselves; “they” believed Communists ate babies for breakfast, they believe war is honorable, they believe that the money lenders never came back to the temple and now own it, “they” – that’s us – believe anything
Japan to become more like Cyprus – bail-ins for Japan banks
June 11th, 2013 22:00:40 GMTby Eamonn Sheridan | 8 Comments
The Financial Services Agency will take a new approach to dealing with troubled financial institutions, forcing losses on investors if necessary to reduce the taxpayer burden.
Japan To Adopt ‘Bail-Ins’ For Failed Banks (Nikkei, gated)
Non-gated info here: Japan to adopt ‘bail-ins,’ force bank losses on investors if needed, Nikkei says
Japan’s Financial Services Agency will enact new rules that will forced failed bank losses on investors, if needed, via a mechanism known as a “bail-in,” according to The Nikkei. Mitsubishi UFJ (MTU), Mizuho Financial (MFG) and Sumitomo Mitsui (SMFG) are among those proposing amendments to allow them to issue the types of preferred shares or subordinated bonds that would be used in such cases, the report noted.
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By Michael Kitchen LOS ANGELES (MarketWatch) -- Traders at a number of major global banks have been manipulating spot foreign-exchange rates for at least a decade, altering the values of trillions of dollars worth of investments, Bloomberg News reported Tuesday, citing five unnamed dealers. The scheme involves the WM/Reuters Closing Spot Rates, which are used to provide daily benchmarks to value portfolios. However, market participants have been front-running client orders to rig the rates by pushing through trades before and during a 60-second window when the rates are set. British regulators are considering a probe into allegations of this practice, the report said.