Friday, 22 June 2012 09:53 'The Obama administration is utilizing the U.S. prison system to help bolster its green-energy agenda, while boosting foreign companies and funneling cash into the hands of Obama’s largest campaign donors, according to a startling new report by the Washington Free Beacon. Federal Prison Industries, more commonly known as UNICOR, is a wholly owned corporation of the U.S. government that uses penal labor from the Federal Bureau of Prisons to produce various products and services. Established in 1934, the organization was designed as a voluntary vocational-training program for federal prisoners, but has recently gone into business providing green-energy technology to federal agencies.' Read more: Obama Uses Prison Labor to Advance 'Green' Agenda Friday, 22 June 2012 08:49 'Never before has the FED (or any central bank with the possible exception of Japan's) announced that it would hold the short-term overnight rate to near ZERO percent for another 1.5 years. It's already been at close to 0% since late 2008. By 2014, the FED's target date, this will make 6 years of such a low Fed Funds rate and all other related short-term rates, with concomitant depressing effects on long-term rates. This is absolutely extraordinary. David Ranson points out that the countries whose central banks have not done a ZIRP (Canada and Germany) have recovered faster than the countries whose central banks have done the zero interest rate policy (Japan and the U.S.). Why does a zero interest rate policy (ZIRP) hurt the economy? There are several strong reasons.' Read more: Why the FED's Zero Interest Rate Policy Hurts the Economy Friday, 22 June 2012 08:42 'In a shock move, officially-accredited non-government delegates who had traveled thousands of miles to attend the UN's Rio+20 sustainable development conference in Brazil have been refused all access to the central negotiating text. This key document, containing all of the environmental conference's decisions, is now restricted to governmental delegates only. The UN's panic decision to classify the Rio negotiating text follows CFACT's Climate Depot revelation at the UN climate conference in Durban in 2011 of the then-public Durban draft, whose contents the world's news media had failed to report.' Friday, 22 June 2012 08:07 'Ponzi Austerity is a banking fraud quite popular with the banker occupied governments of Europe though not with the people. Americans are silent but unwilling participants who were volunteered for a campaign of human sacrifice by Ben Bernanke and the Federal Reserve which created tens of trillions of dollars in swaps to bailout banks all over the world. This is how the scheme works. Last week Spain got a 100 billion euro ($126 billion) bailout for its banks. Italy was already 2 trillion dollars in debt. Its share of the Spanish bailout was 20 billion euros. Italy agreed to pay almost 7% interest on that loan and even more in the future on loans. The Italians will be paid 3% on their investment in Spanish bonds. In Bernie Madoff’s Ponzi scheme older investors were paid by new investors. The Italians were volunteered by their appointed Prime Minister Mario Monti who is a Bilderberger and a former Goldman Sachs VP to cut their pay and pensions and to pay more taxes so they can pay for Spain’s Austerity which was just transferred to them.' Read more: Bilderberger Ponzi Austerity Fraud Hits ‘I Won’t Pay’ Resistance Friday, 22 June 2012 08:00 Friday, 22 June 2012 07:59 Friday, 22 June 2012 07:20 'Sweden has raised the alert at all its nuclear facilities after bomb sniffer dogs discovered an explosive device in the back of a truck near Stockholm’s Ringhals atomic power station. Police are investigating the incident. Although the device lacked a detonator, officers have evacuated the area around the truck and are questioning the driver. Initial reports point to sabotage, with no immediate suspects.' Read more: Sweden on Nuclear Facility Alert as Explosives Found at Plant Friday, 22 June 2012 07:17 Friday, 22 June 2012 07:04 'For many years the stories from devastated parents have been eerily similar. A young, bright child vaccinated with MMR, has minor side effects such as high temperature and being off food, and then develops the debilitating disability of autism. Read more: MMR Causes Autism, Proven in Italian Court Case Friday, 22 June 2012 05:23 'The ratings agency said on Thursday that the banks, including the US ones, Bank of America, JPMorgan Chase, Citigroup, Goldman Sachs, and Morgan Stanley, were downgraded because of their bleak prospects for long-term profitability and growth, The Associated Press reported on Thursday. Read more: Moody’s Cuts Ratings for 15 Major Banks
Whilst the mainstream medical profession deny the link between autism and the triple shot of measles, mumps and rubella, there have been many who have argued to the contrary. Statistics show the increases in autism correlate alarmingly with the introduction and uptake of the MMR vaccine. And Now in an Italian court, there has been a landmark ruling for a child whose parents claim that his autism was triggered by MMR.'
Moody’s said it was particularly concerned about banks with significant capital market activities amid high market volatility.
“All of the banks affected by today's actions have significant exposure to the volatility and risk of outsized losses inherent to capital markets activities," the agency’s Global Banking Managing Director, Greg Bauer was quoted as saying in a statement.'
Friday, 22 June 2012
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