Read the Beforeitsnews.com story here. Advertise at Before It's News here.

By Earl of Stirling (Reporter)
Contributor profile | More stories

Story Views
Now:
Last hour:
Last 24 hours:
Total:

Lord Stirling's News Blog EUROPE

Wednesday, May 16, 2012 21:57

% of readers think this story is Fact. Add your two cents.

EUROPE

Lord Stirling’s News Blog EUROPE

Holy Shroud of Turin

US Shadow War in East Africa ~ link ~ Yet another unknown illegal war the Illuminati controlled US government is waging. Stirling

An innocuous-seeming U.S. Air Force press release. A serendipitous satellite image in Google Earth. Snapshots from a photographer on assignment at a Spanish air base. The crash of an Air Force F-15E Strike Eagle fighter-bomber in the United Arab Emirates. These are some of the fragments of information that Italian aviation blogger David Cenciotti has assembled to reveal the best picture yet of the Pentagon’s secretive war in the Arabian Peninsula and East Africa.

In a series of blog posts over the past two weeks, Cenciotti has described in unprecedented detail the powerful aerial force helping wage Washington’s hush-hush campaign of air strikes, naval bombardments and commando raids along the western edge of the Indian Ocean, including terror hot spots Yemen and Somalia. Cenciotti outlined the deployment of eight F-15Es from their home base in Idaho to the international air and naval outpost at Camp Lemonnier in Djibouti, north of Somalia.

Major war games on Syrian border “have nothing to do with Syria” ~ link ~ Yep, this earns the general the dreaded Five BS Flag Award. Stirling

Eager Lion 2012 “is the largest exercise held in the region in the past ten years,” he said at the King Abdullah II Special Operations Training Centre in north Amman. More than 12,000 soldiers are taking part in the war games, representing 19 countries, including Bahrain, Egypt, Iraq, Jordan, Saudi Arabia, Lebanon, Pakistan, Qatar, Britain, France, Italy, Spain and Australia.

“No forces will be deployed north … the exercise is not connected to any real world event,” Adwan said when asked if the war games were related to the ongoing violence in Jordan’s northern neighbour Syria. Some local media reports have speculated that the exercises are linked to the unrest there, saying the troops are seeking to secure Jordan’s border. “This has nothing to do with Syria. We respect the sovereignty of Syria. There is no tension between the Syrians and us. Our objectives are clear,” Adwan said.

Gloomy economic prospects: Why American politicians are quite about Europe’s meltdown ~ link ~ U.S. politicians — both Democrats and Republicans — are united in a strategy to combat the weakening economy by resorting to the European strategy of austerity. Both parties have already worked together to cut 600,000 government jobs (mostly local) since 2009, destroying the services these workers deliver in the process (education has been most targeted).

These numbers will balloon when the effects of Europe’s plight reaches America’s shores. The political silence over this fact is a good strategy for U.S. corporate political representatives; the more unprepared working people are for austerity measures, the easier they are to implement (what Naomi Klein calls the Shock Doctrine).

Therefore, working people in the U.S. need to learn to speak Greek, and adopt an increasingly popular slogan that rejects austerity measures: Tax the Rich! In other words, make the rich pay for the crisis they created. In practice this means that, instead of massive job reductions, cuts to education and health care, taxes on the wealthy and corporations should be raised; the banks should be put under public control rather than being bailed out with public money; the public sector should be fully funded and expanded rather than privatized and slashed.

Austerity is when the wealthy attempt to push the effects of their recessions onto the backs of working people, who need only to collectively push back and force the 1% to pay instead.

Are we going to see Bank Runs happening all over Europe? ~ link ~ The bank runs that we are watching right now in Greece (NYSEARCA:GREK) are shocking, but they are only just the beginning. Since May 6th, nearly one billion dollars has been withdrawn from Greek banks. For a small nation like Greece, that is an absolutely catastrophic number. At this point, the entire Greek banking system is in danger of collapsing. If you had money in a Greek bank, why wouldn’t you pull it out? If Greece leaves the euro, all euros in Greek banks will likely be converted to drachmas, and the value of those drachmas will almost certainly decline dramatically. In fact, it has been estimated that Greek citizens could see the value of their bank accounts decline by up to 50 percent if Greece leaves the euro. So if you had money in a Greek bank, it would only make sense to withdraw it and move it to another country as quickly as possible. And as the eurozone begins to unravel, this is a scenario that we are going to see play out in country after country. As member nations leave the eurozone, you would be a fool to have your euros in Italian banks or Spanish banks when you could have them in German (NYSEARCA:EWG) banks instead. So the bank runs that are happening in Greece right now are only a preview of things to come. Before this crisis is over we are going to see bank runs happening all over Europe (NYSEARCA:VGK).

China Daily: Assets in Euros ‘must be protected’ ~ link ~ The government must guard against losses in euro assets amid uncertainty in the eurozone as Greeks head to the polls again on June 17, financial experts said. The Greek crisis could see the euro drop, Liu Mingli, a researcher with the Institute of European Studies at the China Institute of Contemporary International Relations, said. If Greece is forced to leave the eurozone “it will be the first domino to fall and panic will soon spread to other countries such as Portugal, Ireland and Spain”, Liu said.
China should also plan in advance to protect euro assets which account for 10 to 20 percent of its $3.3 trillion foreign reserve portfolio, just in case the eurozone eventually collapsed, he warned.

Italy’s banks shaken as economic slump deepens ~ link ~ With the world’s third largest debt after the US and Japan at €1.9 trillion (£1.18 trillion), it is big enough to bring the global financial system to its knees. It is also in the front line of contagion as the Greek crisis metastasizes.

Yields on 10-year Italian debt jumped 16 points to 5.86pc on Tuesday after Italy’s data agency said the country is sliding even into deeper recession, with GDP shrinking 0.8pc in the first quarter.

Output is now 6pc below its peak in 2008. Italy has been trapped in perma-slump for a decade, the only major state to suffer a fall in real per capita income since 2000.

Debt crisis: Greek Euro exit looms closer as banks crumble ~ link ~ This crisis has been planned by the globalists for a long time. They are ready with their ‘Hegelian Dialectic’ “solution”, which will take us much closer to their long-sought New World Order and one-world currency. Stirling

Developing World’s Market Bubble Set To Bring Global Depression ~ link ~ Good article, take the time to read it all at the link. Stirling

In fact, today, the world is in the grip of the greatest banking bubble ever known. Go to any big financial city and the biggest skyscrapers are usually owned by financial firms – most of which you may never have heard. Eventually this system shall come crashing down – like unstable skyscrapers themselves. It is an unstated reality. The top men in this world are not fools.

The instability built into the system ultimately collapses it. Enter world government, or at least world money (SDRs?). Out of chaos, order …

The trick is to make it seem natural, inevitable. The EU and the US are commonly held to have slumped in 2008. This is simply a lie. The turning began in 2001. For more than a decade, the West has struggled with monopoly money malinvestment.

The top men of the world refuse to allow a recovery. They have thrown perhaps US$50 TRILLION at the world’s staggering monetary economy. They have used the financial steroids of central banking to pump up a bankrupt system.
Without government/central banking assistance, it is likely that not a single mega, Western financial entity would be around today. The system itself, with its empyrean nonsense, has spawned some US$600 TRILLION in notional derivatives.

How the Euro and the Dollar will Collapse ~ link ~ This is all part of the Global Banking Cartel’s End Game Strategy. Stirling

Greece has gone past the point of no return and RBS, UBS, Satander and SG are all implementing the final contingency plans for a Euro withdrawal and Drachma resurgence. This will occur very quickly creating hyper velocity and massive Euro bond dumps the likes of which we have never seen. The actions of Greace will inspire Austerity strapped Italy, Spain and Portugal to do the same. France will tailspin as the French have the greatest exposure to this coming crisis than any other nation in the Eurozone. Look for Francios Hollande to move for a Euro exit as well due to overwhelming pressure from his far left socialist party. Hollande has to comply, if he does not it would be political suicide.

Same goes for Germany, Merkel’s party lost BIG in Germany’s largest state North Rhine Westphalia (NRW), which way NRW goes, so goes the rest of Germany. Anti Euro sentiment is strong and it can not be stopped no matter what the bankers are doing.

The Euro is on it’s last legs I do not see this currency continuing past 2013. There will be a quick dash to the dollar as a security blanket but that too will fail once the American derivative exposure can no longer be hidden. The final straw that will bring down this house of cards will be the $200-$300 Trillion of American derivative exposure. The derivative bubble will pop. What Dimon and JPM has signaled to the world elites and bankers in code is simply this….”It’s time to get out of dodge.”

Kuwait’s financial crisis brewing: 31 investment firms suspended in trading ~ link

Western banks are being ‘cleaned out’ of physical gold on price weakness – 5000 tons ~ link

Jamie Dimon, JP Morgan Chase and the FED: Billions and Trillions for Insiders ~ link ~ It’s quite simple, really; you and I are legally and morally prohibited from printing counterfeit money to fraudulently take things of value with something that is worthless. It is immoral for banks to do so also, and should be illegal. In a genuine free market economy, banks would be held to the same market principles and the same criminal penalties for fraud and theft that apply to other corporations and private citizens.

Unfortunately, many political and economic conservatives who identify themselves as “free market” advocates have adopted the monetarist views of Milton Friedman and see the Federal Reserve as a necessary (or even a good) thing — if only it will limit the annual money supply increase (and the resulting inflation) to something around two percent. The problem is no government entity, or government/private entity like the Fed, can be entrusted with that kind of power, as the history of banking over the past several thousand years — and the financial debacle of the past several years — amply attests.

World Bank agrees to provide $2 Billion loan to Indonesia ~ link ~ THE World Bank has announced it’s ready to provide Indonesia with a $2 billion loan, a backstop against a potential debt crisis in one of Asia’s fastest growing economies.

The World Bank said the loan, requested by the Indonesian government, would be held as a contingency against “possible future shocks and volatility”.

Acknowledging the Arrival of Peak Government ~ link ~ Most informed people are familiar with the concept of Peak Oil, but fewer are aware that we’re also entering the era of Peak Government. The central misconception of Peak Oil — that it’s not about “running out of oil,” it’s about running out of cheap, easy-to-access oil — can also be applied to Peak Government: It’s not about government disappearing, it’s about government shrinking.

Central government — the Central State — has been in the expansion mode for so long that the process of contracting government is completely alien to the nation, to those who work for the State, and to those who are dependent on the State. Thus we have little recent historical experience of Peak Government and few if any conceptual guideposts to help us understand this contraction.

Peak Government is not a reflection of government services or the millions of individuals who work in government; it is a reflection of four key systemic forces that drove State expansion are now either declining or reversing.

The Fall ~ link ~ It would seem that – if recent reports are to be believed and by all documented evidence they seem to be accurate – this goofy, Godless, perverted and demonic government is preparing for a nation-wide rebellion. They are laying up untold millions of rounds of firearms ammunition, millions of dehydrated meals, preparing shelters for the elite, internment camps for political dissidents, and training the military for posse comitatus status and for a carrying out of a rectifying indoctrination curriculum for political activists.

The ammunition is presumably for the killing of those in active rebellion, the food to keep the elites alive in their cushy shelters, the camps to warehouse and torment dissenters and objectors, and the indoctrination curriculum to inflict physical and mental suffering upon those whom they believe to be contentious heretical foes of the demonic system. It is a chapter straight out of the George Orwell novel “1984”

These idiotic bureaucrats and political potentates are peeing into the wind with all of this so called preparation. When this insurrection gets rolling it will be burn baby burn, and it will not be contained by the crackbrained government that brought it on.

Obama’s not the first gay president: James Buchanan was the first and he ushered in the American Civil War – the bloodiest war in American history ~ link ~ In the missive Buchanan describes his loneliness after his great love, Alabama senator William Rufus King, moves to Paris to become the ambassador to France. Buchanan wrote: ‘I am now “solitary and alone,” having no companion in the house with me. I have gone a wooing to several gentlemen, but have not succeeded with any one of them. I feel that it is not good for man to be alone; and should not be astonished to find myself married to some old maid who can nurse me when I am sick, provide good dinners for me when I am well, and not expect from me any very ardent or romantic affection.’

Buchanan, who was in the White House from 1857 to 1861, was the only president who remained a life-long bachelor.

Before becoming president, Buchanan lived with King for 15 years in Washington DC. King served as Vice President under Franklin Pierce but died shortly after Pierce came into office – four years before Buchanan took over.

Comments

Online:
Visits:	1,599,341,745
Stories:	8,138,766