Sunday, 02 May 2010 10:03 'She was initially hailed as the “Iron Chancellor” for holding out against a bailout for the Greeks. But this weekend Angela Merkel was accused of having misled voters after it emerged that Germany would contribute more than €25 billion (£21.7 billion) towards a rescue package. Merkel was forced to concede last week that Germany would pay the lion’s share of the EU money to be pumped into Greece by 2012.' Sunday, 02 May 2010 09:48 'We have been warning for weeks about an imminent false flag domestic terror attack that would be used to demonize the government’s political opposition and this appears to have been such an attempt. It just remains to be seen who will be fingered as the culprit by an establishment media straining at the leash to justify characterizations of angry but non-violent Americans as dangerous extremists.' Sunday, 02 May 2010 09:20 'There was a strange moment last week during President Obama's speech at Cooper Union. There he was, groveling before a cast of Wall Street villains including Goldman Sachs chief Lloyd Blankfein, begging them to "Look into your heart!" like John Turturro's character in Miller's Crossing...when out of the blue, the POTUS dropped this bombshell: "The only people who ought to fear the kind of oversight and transparency that we're proposing are those whose conduct will fail this scrutiny." The Big Secret, of course, is that every living creature within a 100-mile radius of Cooper Union would fail "this scrutiny"--or that scrutiny, or any scrutiny, period. Not just in a 100-mile radius, but wherever there are still signs of economic life beating in these 50 United States, the mere whiff of scrutiny would work like nerve gas on what's left of the economy. Because in the 21st century, fraud is as American as baseball, apple pie and Chevrolet Volts--fraud's all we got left, Doc. Scare off the fraud with Obama's "scrutiny," and the entire pyramid scheme collapses in a heap of smoldering savings accounts.' Sunday, 02 May 2010 08:28 'BP, the company that owned the Louisiana oil rig that exploded last week, spent years battling federal regulators over how many layers of safeguards would be needed to prevent a deepwater well from this type of accident. One area of immediate concern, industry experts said, was the lack of a remote system that would have allowed workers to clamp shut Deepwater Horizon's wellhead so it would not continue to gush oil. The rig is now spilling 210,000 gallons of oil a day into the Gulf of Mexico.' Sunday, 02 May 2010 08:20 'Fed Chairman Ben Bernanke admitted the central bank created $1.3 trillion out of thin air to buy mortgage backed securities. This shocking admission came from the Joint Economic Committee hearing on Capital Hill last week. I was dumbfounded when I saw Bernanke shake his head in the affirmative as Representative Ron Paul said, “Well, where did you get the money? You created this money. So you did monetize debt, and that went into the banking system.” I was amazed he admitted this. I looked up the original hearing on C-Span to make sure the clip was not edited. It was not. What is even more shocking is I could not find a single mainstream news agency that covered this revelation.' Read more: Bernanke Admits Printing $1.3 Trillion Out Of Thin Air Sunday, 02 May 2010 08:02 'Clegg claims the way the bill was rushed through without proper debate is a "classic example of what's wrong with Westminster". "It was rammed through after the election was called in the last dying days of the Parliament in something called a 'wash-up'," said Clegg. "It wasn't a wash-up, it was a stitch-up. A stitch-up between Labour and Conservative MPs who decided that you didn't deserve to have your representatives in Parliament properly looking at a bill which might have a very, very serious impact on the way that you use the internet." "That's why we said it should have been scrutinised properly, it shouldn't have been rushed through in that way in the first place, at all".' Sunday, 02 May 2010 07:56 'A pensioner who put up a red, white and blue election poster telling voters to kick out MPs was accused of racism by police. After being inundated by canvassing politcians, Roy Newman, 74, decided to tell other voters: ‘GET THE LOT OUT.’ But 90 minutes after he put up the homemade sign up in an upstairs room at his house, two police officers arrived and threatened with arrest. They said the Union Jack-coloured lettering on a white background could be considered 'racist'.'Confessions Of A Wall St. Nihilist: Forget About Goldman Sachs, Our Entire Economy Is Built On Fraud
Sunday, 2 May 2010
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