Before It’s News

Cyprus Precedent? “bail-in” – rules to impose failed banks’ losses on shareholders, bondholders & “some” large depositors agreed by EU finance ministers

Anyone. Anyone except the banks will do to ‘cover’ the losses of what is essentially their depositors’ money. Even with this kind of track record, the banks are so arrogant today that the’re actually charging clients to lend them their money. They call it a “Deposit Charge” because everything a bank does for you “while looking after your money” is charged to you. You end up using between 80% and 95% of your earnings. Interest? Just another revenue stream for banks – Tom Dennen   Continue reading “If You Have A Bank Account In Europe With Over 100,000 Euros In It, get Your Money Out Now”

beeeeeeCollective Evolution – by Arjun

Shortly after 50,000 bees were found dead in an Oregon parking lot (read more here), a staggering 37 million bees have been found dead in Elmwood, Ontario, Canada.Dave Schuit, who runs a honey operation in Elmwood has lost 600 hives. He is pointing the finger at the insecticides known as neonicotinoids, which are manufactured by Bayer CropScience Inc.   This also comes after a recent report released by the British Beekeepers Association (BBKA) that recorded its largest loss of honeybees ever. You can read more about that here.  The European Union has stepped forward, having ban multiple pesticides that have been linked to killing millions of bees. You can view the studies and read more about that here.   Continue reading “Over 30 Million Bees Found Dead In Elmwood Canada”

The sun shines on people standing on the roof observation deck of the Griffith Observatory, as a potentially dangerous heat wave grips the western U.S., in Los Angeles, California, 29 June 2013. Photo: Jonathan Alcorn / REUTERSDesdemona Despair

PHOENIX (Reuters) – A dangerous, record-breaking heat wave in the western United States contributed to the death of a Nevada resident and sent scores of people to hospitals with heat-related illnesses.

The scorching heat, caused by a dome of hot air trapped by a high pressure ridge, pushed the mercury above 100 F (38 C) in parts of California, Arizona, Idaho, Colorado, Nevada, Utah, and Texas.   Continue reading “Western United States swelters amid deadly heat – 72 percent of West now in drought”

Planet Infowars – by truthsoldier777

Your televisions are sucking your Life out. The amount of noise that they generate is not normal. That blank stare that you get when you are lying on your couch without any energy is not normal. The lights that it is generating for your eyes to see are not natural. The flicker rate, etc. None of that exists in nature. You are being drained, every day. You can’t seem to pull away from it once you find a show that excites you. You find yourself wanting to get up and do other things but you can’t. it’s overwhelming your senses.   Continue reading “Your TV’s Are Draining Your Life”

Activist Post – by Stephen Lendman

America governs lawlessly. Out-of-control rogues run things. Conditions go from bad to worse. Tyranny threatens everyone. So does possible global war.

Fear-mongering, saber rattling, hot wars, proxy ones, drone ones, geopolitical ones, financial ones, anti-populist ones, mass incarceration, censorship, lawless sanctions, subversion, sabotage, targeted assassinations, mass murder, cyberwar, and horrific draconian harshness reflect out-of control governance gone mad.   Continue reading “America: Government by Terror, Torture and Tyranny”

parentsNatural News – by Jonathan Benson

Oregon parents who choose to protect their children from the horrors of vaccines will now have to jump through a slew of unconstitutional government hoops, including subjecting themselves to state-coerced reeducation training and state-endorsed medical propaganda. This, thanks to the passage of a new bill recently signed into law by Oregon Governor and American traitor John Kitzhaber that makes opting out of vaccines more difficult.   Continue reading “Oregon passes unconstitutional bill that infringes natural right of parents to opt out of vaccination ‘requirements’”

The Free Foundation – by Ron Paul

From massive NSA spying, to IRS targeting of the administration’s political opponents, to collection and sharing of our health care information as part of Obamacare, it seems every day we learn of another assault on our privacy. Sadly, this week the Senate took another significant, if little-noticed, step toward creating an authoritarian surveillance state. Buried in the immigration bill is a national identification system called mandatory E-Verify.   Continue reading “If You Like The Surveillance State, You’ll Love E-Verify”

Before It’s News

Briefly, lending is a no-risk, ‘asset-secured’ business, in its simplest form seeing borrowers liable only for the original loan, secured against the borrower’s assets, plus interest.

When the loan is payed back, the bank profits from the interest.

When borrowers default, they yield to the lender whatever securities they’ve put up, normally far exceeding the value of the original loan.    Continue reading “Fixing Globalization & The Unbearable Simplicity of Banking”

Mayor BloombergThe Washington Times

Mayor Michael R. Bloomberg of New York is running out of ammunition in his campaign for gun control. The public has moved on. The shootings at Newtown, Conn., tragic as they were, happened six months ago, and they’re not as easy to exploit as they used to be. Support for Hizzoner’s crusade, like a Popsicle dropped on a summer sidewalk, is dissolving.

Only this week, Mayor Donnalee Lozeau of Nashua, N.H., bolted from the Bloomberg-backed Mayors Against Illegal Guns, a group that claims to have 950 mayors as members. Ms. Lozeau was angered by the Bloomberg advertising hit on Sen. Kelly Ayotte of New Hampshire, a fellow Republican: “I simply cannot be part of an organization that chooses this course of action, instead of cooperatively working with those who have proven over a lifetime of work their true intentions,” she told the Nashua Telegraph.   Continue reading “The hook for Mayor Bloomberg”

senateThe Weekly Standard – by JOHN MCCORMACK

The immigration bill passed by the Senate Thursday afternoon would give some employers a financial incentive to employ “registered provisional immigrants” (illegal immigrants granted legal status) instead of U.S. citizens.

As the Washington Examiner‘s Philip Klein recently reported: “Under Obamacare, businesses with over 50 workers that employ American citizens without offering them qualifying health insurance could be subject to fines of up to $3,000 per worker. But because newly legalized immigrants wouldn’t be eligible for subsidies on the Obamacare exchanges until after they become citizens – at least 13 years under the Senate bill – businesses could avoid such fines by hiring the new immigrants instead.”   Continue reading “68 Senators Vote to Create Incentive for Employers to Hire Amnestied Immigrants Over U.S. Citizens”

Mr. Conservative – by Bookworm

Sometimes tragedies have a terrible domino effect, with the first event triggering others. So it was in the case of the Philadelphia building that collapsed on June 5 while it was being demolished, falling onto a neighboring business and killing six people. Police alleged that a heavy equipment operator high on marijuana was to blame, but Ronald Wagenhoffer, a building inspector, felt he was at fault. He killed himself, leaving behind a wife, a 7-year-old son, and a video apology for his failure to perform his job right.   Continue reading “Building Inspector Commits Suicide, Blames Himself For Deaths In Philadelphia Building Collapse”

James ClapperGuardian – by Dan Roberts

A bipartisan group of 26 US senators has written to intelligence chiefs to complain that the administration is relying on a “secret body of law” to collect massive amounts of data on US citizens.

The senators accuse officials of making misleading statements and demand that the director of national intelligence James Clapper answer a series of specific questions on the scale of domestic surveillance as well as the legal justification for it.   Continue reading “Senators accuse government of using ‘secret law’ to collect Americans’ data”

Britain National Archives Releases Classified DocumentsGuardian – by Ronan Farrow

Senators Mark Udall and Ron Wyden are upset about something, they just can’t say what. In a letter sent to the National Security Agency this week about a fact sheet on its surveillance programs, the senators complained about what they refer to only as “the inaccuracy”. The inaccuracy is “significant”. The inaccuracy could “decrease public confidence in the NSA‘s openness and its commitment to protecting Americans’ constitutional rights”. But, because the information underlying it is classified, the inaccuracy can’t be described.   Continue reading “The real concern: why are so many US government documents classified?”

Korean Shopkeepers during the 1992 Rodney King Riots.Bob Owens

As much as no sane person would want urban and suburban rioting, there are thugs making noise in social media that they would use the acquittal of Florida neighborhood watchman George Zimmerman as an excuse to riot and loot on a grand scale, not just in Sanford, FL where events took place, or in Florida, but nationwide. These criminals—there’s no other way to describe them—are asserting that they will use an acquittal as a excuse nationwide to go on a rampage in many areas.   Continue reading “Surviving a riot”