Friday, 15 July 2011 08:42 'On June 2, 1994, just when the British government was in secret negotiations with the Provisional IRA to bring an end to the war that had raged in Northern Ireland for almost 25 years, the RAF Chinook took off from Aldergrove, Co Antrim, for a security conference in Inverness, Scotland. Onboard the helicopter were four RAF crew and 25 of Britain’s senior intelligence assets. These officers had been key players in the later stages of the military campaign against the Provos. They included members of the British army, MI5 and the Royal Ulster Constabulary. Together, this cabal of “dirty war” experts had overseen the intensification from the late 1980s of the British military tactic of collusion with loyalist paramilitary death squads against Irish republicans.' Friday, 15 July 2011 07:21 'During the demonstration, which was organized by Portugal's largest umbrella union CGTP, the protesters marched toward the parliament, chanting slogans against lack of jobs and what they described as 'robbery of salaries.' Friday, 15 July 2011 07:17 On Thursday, Dagong Global Credit Rating Co., Ltd., a rating agency from China, the largest foreign holder of US government debt, warned that it is putting the credit rating of the United States on negative watch for a possible downgrade. The announcement came after Moody's Investors Service took a similar measure earlier in the day. Read more: US Default Looms as Debt Talks Stall 'Credit ratings agencies' on which national economies stand and fall are controlled by the Rothschild networks and they give negative ratings on demand for the target countries. They have done this in Europe and they are now doing it in the United States. Did you know that the agencies that gave triple-A ratings on complete junk and thus played a major role in the crash of 2008 are the SAME AGENCIES that are now declaring the credit ratings of entire nations and massively adding to the mayhem in Europe and soon the United States? The agencies are also protected by law from the consequences of their 'ratings' being wrong. The situation is absurd, but where do you see it exposed in the mainstream media that just reports the ratings of these people as if they are fair and without a hidden agenda? Friday, 15 July 2011 07:38 'On Thursday, the Italian senate, where the government holds a comfortable majority, passed the proposed cuts with 161 votes in favor, while 135 representatives voted against the austerity measures, AFP reported. Read more: Italy's Senate Approves Budget Cuts Thursday, 14 July 2011 09:41 'The world's monetary systems are crashing and as a direct result economies all over the world are collapsing in tandem, at break neck speed with absolutely no sign or possibility of abating. We have reached the point of no return, that not even the most extreme plan of "fiscal responsibility" advanced by our so-called elected officials can reverse. Our corrupted democracies will not save our monetary systems because politicians can compromise but the laws of gravity cannot. What goes up must eventually come down.' Read more: The Coming Insurrection - A Final Warning to Governments Around the World
The Portuguese government has moved to slash spending and raise taxes to stabilize public finances after the International Monetary Fund (IMF) and the European Union (EU) provided Lisbon with a rescue package of 78 billion euros ($110 billion) earlier in 2011, AFP reported.
Portugal was forced to seek the bail-out loan from the IMF and EU after the government collapsed in April, causing its borrowing costs to surge dramatically.'
Meanwhile, Standard and Poor's, another rating agency, has cautioned that America's credit rating may be downgraded over an increasing risk of a payment default.'
The unpopular austerity cuts target funding to local governments and health services, and plan to raise the retirement age. “If we don't have a balanced budget, then [the] public debt -- a monster from our past -- would devour our future and the future of our children," Italy's Economy Minister Giulio Tremonti said.'
Friday, 15 July 2011
'Credit rating agencies have placed US credit performance on negative watch as another day of inconclusive debt talks in Washington came to a close amid persisting political wrangling.
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