Former Member of Bush Economic Team Thinks Germany Will Bring Back Deutsche Mark: ‘They Have Already Ordered the New Currency and Asked that the Printers Hurry Up’
September 29th, 2011Bio: Philippa Malmgren:
Dr. Philippa Malmgren is the President and founder of Principalis Asset Management, a financial firm based in London. In short, she helps fund managers better understand how politics, policy and geopolitics will impact the financial markets. Investors use her insights to manage their portfolios more profitably. Her clients include many investment banks, fund managers and hedge funds as well as Sovereign Wealth Funds, pension funds and corporations. She founded the Canonbury Symposia, which brings together high level experts on strategic security, defense and intelligence matters to meet with experts from the financial markets.
…
She served as financial market advisor in the White House and on the National Economic Council from 2001-2002, where she was responsible for financial market issues. She founded Malmgren and Company, in London, England on 2000 and was previously the Deputy Head of Global Strategy at UBS and the Chief Currency Strategist for Bankers Trust. She headed the Global Investment Management business for Bankers Trust in Asia. She has a B.A. from Mount Vernon College and an M.Sc. and Ph.D. from the London School of Economics. She completed the Harvard Program on National Security. The World Economic Forum named Dr. Malmgren a Global Leader for Tomorrow in 2000. She is also a member of the Council on Foreign Relations, Chatham House, the Economic Club of New York and the Institute for International Strategic Security.
Via: pippamalmgren.com:
News to expect in the coming days and weeks:
…
The Germans announce they are re-introducing the Deutschmark. They have already ordered the new currency and asked that the printers hurry up.
…
The markets are very likely to have to contend with the re-introduction of Deutsche Marks in the near future. This is bound to mean a collapse in the value of the Euro for those countries that will remain in it (devaluation for the rest of Europe). This step may seem unthinkable but, I believe that the German government is telling us in multiple ways that there is no other solution from their point of view.
FBI Leaves Cleared Names On Terrorist Watch List
September 29th, 2011Via: New York Times:
The Federal Bureau of Investigation is permitted to include people on the government’s terrorist watch list even if they have been acquitted of terrorism-related offenses or the charges are dropped, according to newly released documents.
The files, released by the F.B.I. under the Freedom of Information Act, disclose how the police are instructed to react if they encounter a person on the list. They lay out, for the first time in public view, the legal standard that national security officials must meet in order to add a name to the list. And they shed new light on how names are vetted for possible removal from the list.
Inclusion on the watch list can keep terrorism suspects off planes, block noncitizens from entering the country and subject people to delays and greater scrutiny at airports, border crossings and traffic stops.
The database now has about 420,000 names, including about 8,000 Americans, according to the statistics released in connection with the 10th anniversary of the Sept. 11 attacks. About 16,000 people, including about 500 Americans, are barred from flying.
Timothy J. Healy, the director of the F.B.I.’s Terrorist Screening Center, which vets requests to add or remove names from the list, said the documents showed that the government was balancing civil liberties with a careful, multilayered process for vetting who goes on it — and for making sure that names that no longer need to be on it came off.
South Korea: Businesses Offer Late Night Cramming Sessions for Students; Government Raids Them For Keeping Students Up Past 10pm
September 29th, 2011Via: Time:
On a wet Wednesday evening in Seoul, six government employees gather at the office to prepare for a late-night patrol. The mission is as simple as it is counterintuitive: to find children who are studying after 10 p.m. And stop them.
In South Korea, it has come to this. To reduce the country’s addiction to private, after-hours tutoring academies (called hagwons), the authorities have begun enforcing a curfew — even paying citizens bounties to turn in violators.
Gallery: Student Protests in Chile
September 29th, 2011Resistance…
U.S. style: Lots and lots of iCrap-TwitFace connectivity, diabetes, obesity, people eating McDonalds food, limousine liberals, very expensive cameras, not many participants (sometimes more cops than protestors in other galleries and video)…
vs.
Chile: General strike, streets clogged with thousands of people from all walks of life, protestors attack cops, not just the of the other way around, Communist student leader (Camila Vallejo) looks like a model/movie star, riot dog-type dogs doing back flips as the water cannons unload…
*sigh*
It’s just incredible—the nonsense that I have received over this Occupy Wall Street thing, when it looks like shuffle board at an old folks’ home/fat camp.
What the Hell happened to Americans? No, really, WHAT THE HELL HAPPENED TO AMERICANS?! At what point did Occupy Wall Street (and the like) start to count as resistance in some people’s minds? Who or what is responsible for this?
The guy with the McDonalds slop at the anti-corporate “occupation”… I wish I hadn’t seen that. That one is going to haunt me for a long time…
Via: Boston Herald:
The ongoing student demonstrations in Chile began as a protest over the costs, profits, and fairness of higher education there. They have since attracted other segments of Chilean society venting frustration over wages, health care, and other issues. Uniting the protesters is common dissatisfaction with hugely unpopular President Sebastian Pinera and social inequality. Workers joined a 48-hour general strike in August which, like many demonstrations during the course of the protests, was met with police using tear gas and water cannons on the participants. With changes in the education system still unsettled, the student protests are likely to continue.
6 Images of Abandoned Weaponry You Won’t Believe Are Real
September 29th, 2011Via: Cracked:
Rare, expensive materials, cutting-edge designs and top-secret prototypes are all hallmarks of the military industrial complex. It’s how they produce all their beautiful toys: the stealth fighters, nuclear submarines and flying fortresses that are the cornerstone of our childhood fantasies and Michael Bay movies. But what happens when you get bored of your new toys? Why, you just toss them out into the middle of a field somewhere.
The A to Z of the pHood Industry’s Most Evil Ingredients
September 29th, 2011Via: Natural News:
Ever wonder what’s really in the food sold at grocery stores around the world? People keep asking me, “What ingredients should I avoid?” So I put together a short list that covers all the most toxic and disease-promoting ingredients in the food supply. These are the substances causing cancer, diabetes, heart disease and leading to tens of billions of dollars in unnecessary health care costs across America (and around the world).
If you want to stay healthy and out of the hospital, read ingredients labels and make sure you avoid all these ingredients…
‘Al-Qaida has sent a message to the Iranian president, Mahmoud Ahmadinejad, asking him to stop spreading conspiracy theories about the 9/11 attacks.’
September 29th, 2011Not even The Onion could top this.
Via: Guardian:
Al-Qaida has sent a message to the Iranian president, Mahmoud Ahmadinejad, asking him to stop spreading conspiracy theories about the 9/11 attacks.
Iranian media on Wednesday reported quotes from what appears to be an article published in the latest issue of the al-Qaida English language magazine, Inspire, which described Ahmadinejad’s remarks over the 11 September attacks as “ridiculous”.
U.S. Secretly Asked Japan to Help Dump Nuclear Reactors at Sea
September 29th, 2011Via: Asahi:
The United States secretly sought Japan’s support in 1972 to enable it to dump decommissioned nuclear reactors into the world’s oceans under the London Convention, an international treaty being drawn up at the time.
Countries working on the wording of the pact wanted to specifically prohibit the dumping of radioactive waste at sea.
But Washington wanted to incorporate an exceptional clause in the case of decommissioned nuclear reactors.
These facts came to light in diplomatic records held by the Foreign Ministry in Tokyo and released at the request of The Asahi Shimbun.
…
In the early 1970s, sea pollution was a huge international issue.
Against that backdrop, countries worked feverishly to put the finishing touches on the London Convention. The treaty designated high-level radioactive substances as well as other materials, including mercury and cadmium, as waste whose dumping at sea is prohibited.
In 1993 revisions to the London Convention, the dumping of radioactive waste at sea was totally prohibited. However, the clause that approved of dumping in exceptional cases remained.
For this reason, under the London Convention, it is possible for member countries of the treaty to dump radioactive waste at sea if they obtain the OK from the other parties as well as the International Atomic Energy Agency.
According to the IAEA, the United States has not dumped radioactive waste at sea since 1970. Instead, it buries decommissioned nuclear reactors underground.
The FBI’s Drone Bomb
September 29th, 2011Via: CNN:
A 26-year-old Massachusetts man with a physics degree was arrested and charged Wednesday with plotting an attack on the Pentagon and the U.S. Capitol with a remote-controlled model aircraft, authorities said.
Rezwan Ferdaus, a U.S. citizen from Ashland, Massachusetts, planned to use model aircraft filled with C-4 plastic explosives, authorities said.
As a result of an undercover FBI investigation, Ferdaus, who has a physics degree from Northeastern University in Boston, was charged with attempting to provide material support and resources to al Qaeda for attacks on U.S. soldiers overseas, authorities said.
His federal public defender couldn’t be reached immediately for comment.
A law enforcement official said Ferdaus posed no immediate danger to the public because undercover operatives kept in close contact with him.
And Now… More Troops to Libya to Search for Thousands of Looted Surface to Air Missiles
September 29th, 2011Northrop Grumman will be pleased.
Via: AntiWar:
According to White House spokesman Jay Carney, the United States is preparing to deploy additional forces on the ground in Libya to “secure conventional arms storage sites” as well as to try to track down missing surface-to-air missiles (SAMs).
In the wake of the rebel invasion of Tripoli, large arms depots across the western half of the nation were looted, and it is estimated that some 20,000 shoulder-launched SAMs were among what had gone missing, many of them wound up on the arms markets in neighboring nations.
Though weapons of all shapes and sizes were looted, the shoulder-launched SAMs are of particular concern to the US, as they could pose a threat to US warplanes the world over now that they are out of the warehouses and in general circulation.
