Telecom Giant Admits Iran Dealings
by Gil Ronen
Reprinted from Israel News
Telecommunications giant Inmarsat has confirmed that it provided satellite communications services to Iranian oil tankers and other vessels, despite the international sanctions against Tehran.
The admission is contained in an official letter sent from Rich Harris, Senior Vice President of the London-based Inmarsat, to Shurat HaDin, an Israeli NGO that specializes in anti-terrorist “lawfare.”
IMRA , which reviews and analyzes Middle East news, reported that Shurat HaDin had previously sent a letter to Inmarsat warning it against providing prohibited satellite communications services to Iranian oil vessels and stressing that Inmarsat’s actions would expose the firm to criminal prosecution and civil liability from Americans and others who suffer as a result of Tehran’s sponsorship of terrorism.
Shurat HaDin responded Sunday to Inmarsat’s admission with another letter in which it pointed out that the US sanctions regime against Iran does not merely prohibit the direct sale of telecommunications services to Iran or its shipping lines, but also bans the supply of services via non-US distributors. Hence, contrary to claims made by Inmarsat in its letter, its providing of services through non-US distributors constitutes a further breach of US law.
“Inmarsat’s responses…have confirmed that not only is Inmarsat supplying satellite communications services to a large number of ships owned, operated or controlled by the Government of Iran…it is knowingly participating in attempts to circumvent the US sanctions regime against Iran,” stressed Nitsana Darshan-Leitner, director of the Tel Aviv-based counter terrorist organization.
“We will not tolerate Inmarsat’s – or any corporation’s – profiting from the blood of innocent people,” IMRA quoted Darshan-Leitner’s letter as saying. “It is unacceptable for a global company to seek to cover up its links to Iranian interests or to claim these ties are handled by third party partners or vendors, which by itself is a violation of US law. The maritime satellite industry can no longer get a free pass.”
Shurat HaDin noted that “companies like Inmarsat that attempt to thwart the US sanctions regime by pretending that they do not know the actual ownership of the ships they service, or the parties they are doing business with, will face criminal and civil liability.”
“As a listed public company, it is difficult to understand why Inmarsat would continue to risk criminal prosecution, civil claims and reputational damage as a sanctions evader for the very small commercial benefit supplying telecommunications services to Iranian-controlled ships”, continued Darshan-Leitner, warning that if the company did not cease its dealings with Iran the matter would be “pursued vigorously in all legal and political forums.”
Ahmadinejad’s ‘Most Anti-Semitic Speech Yet’
by Rachel Hirshfeld
Reprinted from Israel News
Iranian President Mahmoud Ahmadinejad’s most recent call for the destruction of the State of Israel is particularly “ominous” in light of Tehran’s continued quest for nuclear capability, the Anti-Defamation League (ADL) warned Thursday, after the Iranian leader excoriated American candidates and elected officials for “kissing the feet of the Zionists” while meeting with their counterparts in Israel.
Addressing a group of ambassadors from Islamic countries in advance of “al-Quds” (“Jerusalem”) Day, Ahmadinejad said the “annihilation of the Zionist regime” is not just a Palestinian issue, but the “key for solving the world problems.”
“Any freedom lover and justice seeker in the world must do its best for the annihilation of the Zionist regime in order to pave the path for the establishment of justice and freedom in the world,” Ahmadinejad was quoted as saying.
“It has now been some 400 years that a horrendous Zionist clan has been ruling the major world affairs,” Ahmadinejad said, asserting that the Zionists are “behind the scenes of the major power circles, in political, media, monetary, and banking organizations in the world.”
“In his bluntness, Ahmadinejad cuts through the falsedichotomy of anti-Zionism and anti-Semitism when he uses the term ‘Zionist’ to describe alleged Jewish control of the world for 400 years,” said ADL director Abraham Foxman.
“Ahmadinejad’s most comprehensive anti-Semitic speech yet,” Foxman said, adding that while the message itself has been heard before, Ahmadinejad’s words had “more ominous overtones and should be taken seriously as the Iranian regime continues on its march toward a nuclear weapon.”
Referencing Mitt Romney’s visit to Israel last week, Ahmadinejad said that that the influence of the “Zionist regime” is so profound that “the presidential election hopefuls must go kiss the feet of the Zionists to ensure their victory in the election…. If the people’s votes really counts in those countries, why then a candidate must go to kiss the feet of a clandestine Zionist minority, sacrificing the entire prestige, chanted mottoes, and values of their system before the Zionists, and justifying the entire criminal acts of that regime?”
Foxman said that Ahmadinejad’s remarks were “filled with anti-Semitism and expressions of contempt for Israel and its leaders” and called them the “hallmark of the hate-filled and irrational nature of the Iranian regime.”
Chinese warships start 4-day “visit” to Turkey
06 August 2012
Reprinted from The Total Collapse
Two Chinese warships, including a guided missile destroyer, started a four-day visit to Turkey after they arrived in Istanbul on Sunday.
The Chinese warships and navy officers were greeted by Chinese ambassador to Turkey, Gong Xiaosheng, Turkish navy officers, and representatives from Chinese firms in Turkey.
This is the second time that Chinese navy paid an official visit to Turkey. The first time was in 2002.
Istanbul is Turkey’s biggest city with the Bosphorus Strait bordering Asia and Europe.
The Chinese navy soldiers will meet with their Turkish counterparts and hold series of programs to strengthen the cooperation between the two countries’ navy forces.
The Chinese warships will also launch a visit day for the Turkish public and deck party which will be attended by Turkish government officers.
Egyptian Air Force Deploys Fighter Jets To The Sinai
06 August 2012
Reprinted from The Total Collapse
Egyptian Air Force deployed fighter jets in the Sinai Peninsula on Monday in the wake of the Kerem Shalom attack, for the first time since the Egypt-Israel peace treaty was signed in 1979, Egyptian news agencies reported.
Two fighter jets, armed with attack missiles, arrived in El Arish early Monday morning to assist in the effort to track down the fugitive terrorists responsible for the killing of 16 Egyptian soldiers on the border with Israel, a high-ranking security official in northern Sinai told the Egyptian news site Al Masrawi. The source added that more military aircraft were on their way.
He also said that within 48 hours, large military reinforcements would arrive in Sinai — a special measure coordinated with Israel in order to help track down the terrorists in Sinai’s rough terrain.
According to the official announcement by the Supreme Council of the Egyptian Armed Forces, 35 terrorists carried out the Kerem Shalom attack, at least 30 of whom were still on the run. SCAF also reported that elements from the Gaza Strip assisted in the terrorist attack by firing mortars at Israel prior to the assault.
The Sinai has seen a surge of violence since Mubarak’s ouster last year, but Sunday’s attack was the worst in several years. Suspected Islamists attacked the checkpoint in the border town of Rafah at sunset, killing the soldiers as they were sitting down for the traditional meal breaking the fast in the holy month of Ramadan.
The attackers then commandeered two of their vehicles and burst through a security fence into Israel, according to Israeli officials. They said the incursion was quickly spotted and hit with an airstrike. Egypt’s military said only one armored vehicle was commandeered.
The unrest in Sinai poses a daunting challenge to President Morsi, who since coming into office a little more than a month ago has warmed up to Gaza’s Hamas rulers. Hamas officials have condemned the killings, but Morsi may still come under pressure to back down from plans to end Egypt’s cooperation with the Israeli blockade of the Gaza Strip.
He vowed on Sunday night to make the killers pay for their crime and to restore security to Sinai, home to several of the most popular Red Sea resorts in Egypt. On Monday, he declared three days of mourning for the victims, according to state television.
“This is a huge calamity for Egypt,” declared his spokesman Yasser Ali.
Iran Prepares to Close Strait of Hormuz
06 August 2012
Reprinted from The Total Collapse
Security of the Persian Gulf and Strait of Hormuz was studied by MPs and Commander of IRGC Navy Rear-Admiral Ali Fadavi and Army’s Navy Commander Rear-Admiral Habibollah Sayyari on Sunday.
Spokesman for Majlis National Security and Foreign Policy Commission Hossein Naqavi Hosseini told IRNA that the two commanders briefed the MPs in details on the status of security of the Persian Gulf and Strait of Hormuz.
They also studied other issues as export of energy from Persian Gulf and the aftermath of presence of alien forces in the Persian Gulf which is the root-cause of insecurity in the region, he said.
They reviewed existing challenges along with Iran’s capabilities to deal with the them.
The Islamic Republic of Iran is determined to maintain security of the Persian Gulf and Strait of Hormuz and is to strongly deal with those wishing to destabilize the region, he said.
Iran’s Currency in Free Fall! US to Attack Iran Missiles, Israel to Take Out
Syria & Hezbollah!
06 August 2012
Reprinted from The Total Collapse
Iran currency on a freefall: rial down 4% now trading at 1US$ = 21,300… Cbank, to officially devalue rial min 30%, allows market to dive. More here.
Reports are surfacing of a US-Israeli plan to attack Iran’s ballistic missile batteries, giving Israel extra space to tackle Syria and Hezbollah. While no talks have been confirmed, anonymous sources claim that war plans have been put to paper.
While it’s unclear how far-reaching the US and Israeli plans are, some say the allies have detailed intentions to destroy the Islamic Republic’s ballistic missiles – and let Israel launch an assault on Syria and Hezbollah to boot.
An anonymous US military source told DEBKAfile, a website covering Israel-related security issues, that the US Air Force will be tasked with destroying Iran’s Shahab-3 ballistic missile batteries. Each of these missiles has a range of 1,280 kilometers (800 miles), making them capable of reaching Israel and Saudi Arabia.
Upgraded versions of the Shahab-3′s can reach targets 2,000 kilometers away. In the past, Iran has warned that its missiles will always be ready to launch in case of an attack.
By destroying the Shahabs-3′s, Israel would be able to focus its energy on taking on perceived threats from Syria, Lebanon’s Hezbollah and the Palestinian Hamas, without having to worry about an attack from Iran, the official told DEBKAfile.
And last weekend, an anonymous senior US official told an Israeli newspaper that National Security Advisor Tom Donilon had briefed Israeli authorities on a contingency plan, in case of a showdown with Iran.
Israel has denied reports of such a plan, but last week’s talks between US Defense Secretary Leon Panetta and Prime Minister Benjamin Netanyahu have still caused a heated debate.
If tensions with Iran increase, some predict the US may attack the Islamic Republic’s nuclear facilities in an attempt to protect Israel, the source said in a briefing.
But Tehran is only estimated to have between 30 and 40 of these missiles – a small number that could hardly make a dent during times of war. If used against the US and its allies, the missiles would be quickly destroyed by the American Aegis Ballistic Missile Defense Systems and Israel’s Arrow guided interceptor rockets.
Even if the missiles had a chance to reach their targets, the military source told DEBKAfile that Iran would probably not waste them all at once.
“They are too canny to leave themselves without some Shahabs in reserve for crises even more acute than the outbreak of war,” the source said.
But Iran has other missiles. Iranian Defense Minister Gen. Ahmad Vahidi said the fourth generation of high-precision Fateh-110 missiles, with a range of over 300 kilometers (185 miles), was successfully test-fired on Saturday, showing Iran’s ability to strike targets in Saudi Arabia and Bahrain.
“Using new guidance methods, target-striking systems were installed on the missiles and during the flight test … its ability to hit the target without deviation was proven,” Vahidi told the IRNA news agency.
Last month, the Pentagon reported that Iran is working on a missile capable of reaching the United States, and is aiming for completion of the project within the next three years.
And after the US angered Tehran by voting for greater sanctions last week, war seems ever more likely. Israel is now upgrading its Arrow II ballistic missile shield, which is designed to neutralize incoming missiles at altitudes high enough for non-conventional warheads to disintegrate safely.
And whether or not the US Army is ready for another war, the latest sanctions, combined with Iran’s ballistic missile testing, continue to escalate tensions between the US and the Islamic Republic.
Can America even protect itself from EMP?
‘Most serious threat to U.S., but almost no one knows about it’
Can the United States actually protect itself from the effects of an EMP (electromagnetic pulse) attack, or is the nation merely a sitting duck just waiting for disaster?
The EMP Commission, a panel established by Congress, has written that “EMP is one of a small number of threats that can hold our society at risk of catastrophic consequences. … It has the capability to produce significant damage to critical infrastructures and thus to the very fabric of U.S. society … .”
The fact is the scenario of a nation-state threatening to use an EMP device against the U.S. is a real threat. There have already been instances of an EMP threat being used against America.
In a recent webcast hosted by hosted by The United West, U.S. Rep. Roscoe Bartlett, R-Md., offered this anecdote to illustrate just how real the threat is.
In May 1999, a congressional delegation that included Bartlett, met in Vienna, Austria, to ask the Russians for help in resolving the conflict in Kosovo. He and other members of the U.S. government met with members of the Russian legislature (the Duma) to work toward a peaceful resolution to the fighting in the region. The chairman of the Duma International Affairs Committee was Vladimir P. Lukin, who was also the former ambassador to the United States. Bartlett said the Russians were the only ones the Serbs really trusted and anything they agreed to, the Serbs would agree to.
U.S. Rep. Roscoe Bartlett, R-Md.
During the course of the negotiations, Lukin displayed his displeasure with what Russia perceived as U.S. interference on Russia’s sphere of influence. Lukin asked Bartlett, “You spit on us, now why should we help you?”
Near the end of the three days of negotiations, Lukin warned Bartlett that Russia was not helpless to oppose the U.S.
Lukin said, “If we really wanted to hurt you with no fear of retaliation, we would launch an SLBM [submarine-launched ballistic missile] and detonate a single nuclear warhead at high altitude over the United States and shut down your power grid and communications for six months or so.”
The third ranking Russian in the delegation, Alexander Shabanov, smiled and added, “And if one weapon wouldn’t do it, we have some spares.”
Bartlett was criticized for telling that anecdote, that he may give people ideas. Bartlett’s response was that maybe one in 50 people even knew about the EMP threat.
Members of the Russian military have offered similar threats.
In 2004, Russian Maj. Gen. Vladimir Belous openly advocated an “asymmetric response” against the U.S., writing: “During a crisis situation period, ‘space’ mines can be inserted into space. They are dispersed in orbit around enemy objects and, detonating on command from Earth, disable them at the necessary moment. The ‘blinding’ of enemy territory by disabling his electronic and power network also is possible. American specialists determined that in case a large nuclear charge were detonated at an altitude of hundreds of kilometers above the geographic center of the United States, the state of Nebraska, a powerful electromagnetic pulse will disable electronic and power systems on the territory of the entire country for a certain time.”
U.S. Amb. Henry Cooper
U.S. Amb. Henry Cooper also warns of the EMP threat. Cooper was the chief U.S. negotiator at the Geneva Defense and Space Talks with the Soviet Union and was named the first civilian director of SDI, the Strategic Defense Initiative, from 1985 to 1989.
Cooper has stated that a nation-state or terrorist organization doesn’t need an ICBM to inflict catastrophic damage on the U.S., but that “60-year-old SCUD technology is quite sufficient.”
In an Aug. 3 webcast, Cooper said Iran, among other nations, well understands the potential catastrophic effects an EMP can produce. He went on to say that, “They [Iran] have written about it … they have actually tested it [in the Caspian Sea].”
Reza Kahlili, a WND contributor and former Revolutionary Guardman, marked for assassination by the Iranian government has written a book titled, “A Time to Betray,” about just how serious a threat Iran is to the U.S. and to the world.
Kahlili has said Iran has obtained bombs from the former USSR, but does not have the codes. It can, however, use the material in the bombs for use in an EMP attack.
Amb. Cooper said terrorists are also a threat, as they are trying to obtain a nuclear device. Launching the device on the head of a SCUD missile from a ship docked at port or lying off the coast of the U.S. is very real possibility.
Cooper has disagreed with other experts in that Aegis missile systems have, in fact, the capability of bringing down a missile while in ascent and not have to wait until it is in its transition or decent stages.
An Aegis cruiser is usually in transit along the coast and could bring down a SCUD if they are at the ready and near enough to respond. Even at port they can provide protection from attack.
Cooper once asked the captain of a U.S. Navy cruiser station in Norfolk, Va., what he would do if he detected a SCUD missile ascending off the coast. The captain said that, if he had the opportunity, he would attempt to shoot it down. Cooper isn’t sure if naval captains have the authorization to do that, but supposes that some may respond to the threat even if they are not fully authorized.
Cooper’s main concern is with our “soft underbelly” in the Gulf of Mexico, because our Aegis ships do not patrol there. This vulnerably could be exploited by “Iran, terrorists, or even Venezuela”. “This vulnerability could be rectified by deploying ‘Aegis to shore’ on military bases around the Gulf of Mexico.”
He also wonders why, if we can protect our allies with “Aegis-to-shore” batteries, why we can’t protect our own shores.
An EMP from nuclear missiles is not the only threat facing the U.S.
Dr. Lowell Wood of the Lawrence Livermore National Laboratory has also referred to “God’s EMP,” which is associated with solar storms. The interaction of the Earth’s magnetic field with solar wind during these storms mimics the low-frequency components of EMP. These effects have been known for years and widely reported.
There have been large-scale blackouts associated with severe solar storms in America in recent decades.
According to a NASA study, on March 10, 1989, astronomers witnessed a powerful explosion on the sun. The burst released a billion-ton cloud of gas into space. It was likened to thousands of nuclear bombs exploding at the same time.
The solar flare that accompanied the outburst immediately caused short-wave radio interference, including the jamming of radio signals from Radio Free Europe into Russia. It was first thought the signals had been jammed by the Russians.
Three days later, the solar storm was severe enough to cause the collapse of Quebec’s electrical transmission system. Six million people were without power within six seconds.
Even as far back as 1921, solar flares interfered with man’s technology.
At 7:04 a.m. on May 15, 1921, the entire signal and switching system of the New York Central Railroad below 125th Street shut down due to a “solar event.” At the same time in Sweden, a telephone station was “burned out,” and the solar storm interfered with telephone, telegraph and cable traffic over most of Europe.
Congressman Bartlett is one of the few scientists in Congress, and has been advocating the U.S. do more to protect the nation from the effects from an EMP.
In 1995, he convened the first unclassified hearing on EMP. He and 22 other members of the House also co-sponsored the SHIELD Act, standing for “Secure High-voltage Infrastructure for Electricity from Lethal Damage” Act.
The purpose of the SHIELD Act is to “To amend the Federal Power Act to protect the bulk-power system and electric infrastructure … of the United States against natural and manmade electromagnetic pulse (‘EMP’) threats and vulnerabilities.” It would implement standards to protect the electronic grid against an EMP event.
While standards are important, they do not necessarily apply to existing equipment.
Fritz Ermarth, chairman of the National Intelligence Council, has stated the U.S. needs to build an affordable, real, plan for hardening. He says we need to test nukes against existing electrical transformers. Ermarth also noted the need for testing is only one of the reasons why the U.S. should not ratify the U.N.-proposed Comprehensive Test Ban Treaty.
It’s estimated the cost to protect the transformers would be between $100 to $200 million, less than $1 per life. The cost to protect the entire electrical grid would be $1 billion to $2 billion.
It is critical to protect these transformers since the technology to replace this equipment resides in China, Japan and Germany.
Launching a protective response to an EMP is problematic at best. The only real defense is to harden what we have.
Iran preparing Mahdi’s Special Forces (VIDEO)
Army of operatives planning for terror, destruction of the West
The Quds Forces, a special Iranian unit of thousands of operatives tasked with exporting Iran’s Islamic revolution, are being told to step up preparations for terrorism for the coming of the last Islamic messiah and the destruction of the West.
Ali Saeedi, the Iranian supreme leader’s representative to the Revolutionary Guards, emphasized during a Friday sermon in Tehran that the Islamic republic must directly confront America so that the necessary environment is created for the reappearance of Mahdi, the Shiite’s 12th imam, who will kill all infidels and raise the flag of Islam in all corners of the world.
Saeedi, “Many of the signs [necessary] for the coming have taken place during the previous years; however, the main sign will take place right before the coming.”
There are five levels of readiness that have to be prepared for the coming, he said: “Individual readiness, the readiness for creating the environment, systematic readiness, the readiness in the region and the international readiness. This means Occupy Wall Street must take place, the Americans must lose hope with the Democratic Party and others, and lose faith in the U.N., while at the same time the unraveling in the Middle East, which was not ripe before, must have taken place before the coming.”
This is the first time a high-ranking Iranian official has stated on the record that the Quds Forces are not only involved in the region, but also internationally for a final confrontation with the West.
“The Revolutionary Guards are one vehicle for preparation for the coming, and in the current Islamic Awakening [the Arab Spring] in the region and on international arena, the Quds Forces play a major role in preparing the readiness of the human force needed for such an event,” Saeedi said. “The chief commander of the Guards and the supreme leader’s representative are tasked for preparing the individual readiness, regional readiness as well as international readiness for the coming.”
In another Guards’ weekly publication, Sobhe Sadegh, a front-page analysis explains that the opening of Iran’s geopolitics and the empowerment of its Islamic power are a reality in which Iran’s influence has expanded not only in the region, but also in Africa, Latin America, Eastern Asia and even in Europe and America.
As was the fall of socialism and the Eastern bloc, the analysis promises, so will be the fall of the capitalism and liberal democracy.
The analysis refers to the statements of the founder of the Islamic revolution, Ayatollah Ruhollah Khomeini:
- “I say with all certainty that the 21st century will be the century of Islam.”
- “I say with all certainty that Islam will conquer all key entrenchments of the world.”
- “I say with all certainty that Islam will defeat all world powers.”
- “I say with all certainty that the 21st century is the century where the oppressed will be victorious over the oppressors.”
While the Quds Forces have recently expanded their operations in shipment of explosives to Latin America, Africa and other places in the world, and at the same time have put terror cells on high alert for terrorist acts, the Islamic regime in Iran has expanded its nuclear program in which over 11,000 centrifuges are now running at two facilities, increasing its enriched uranium stock.
As of the last report in May by the IAEA, Iran had enough enriched uranium for six nuclear bombs, and despite all negotiations and recent sanctions, the Iranian supreme leader, Ayatollah Ali Khamenei, announced days ago that there will be no turning back from the nuclear path. Reza Kahlili translated this Iranian video about Islamic prophecies of a coming messiah and the destruction of Israel:
Reza Kahlili is a pseudonym for a former CIA operative in Iran’s Revolutionary Guards and the author of the award-winning book, A Time to Betray. He is a senior Fellow with EMPact America, a member of the Task Force on National and Homeland Security and teaches at the U.S. Department of Defense’s Joint Counterintelligence Training Academy (JCITA).
Microchip-Laden Drugs Given FDA Approval
Friday, August 3rd 2012
Rumors regarding the development of a ‘digital pill’ with a microchip inside have been circulating for some time, but today, the FDA actually green lighted the product.
The company, Proteus Digital Health, gained FDA approval for its 1 square millimeter device (the size of a grain of sand), which it believes will “shift the care paradigm” into an era of digital medicine.
According to Proteus Digital Health’s website:
Digital Medicines are the same pharmaceuticals you take today, with one small change: each pill also contains a tiny sensor that can communicate, via our digital health feedback system, vital information about your medication-taking behaviors and how your body is responding.
The company added “As a result, you can be sure you’re taking your medicines as prescribed, while at the same time receiving unprecedented feedback on your physical response to treatment.”
The aim of the “ingestible sensor” is to electronically verify patient compliance in taking the medication. Proteus Digital Health estimates that over 50% of patients do not get the full benefit from the pharmaceuticals they take because of taking the wrong dose or taking the medication inconsistently.
There are huge sums of money at stake in getting people to take their drugs as prescribed. In a 2008 article published in the drug industry marketing journal Pharma Marketing News titled “Moving The Needle on Adherence: Highlights from the 7th Annual Patient Compliance, Adherence and Persistency,” it was estimated that an 18% improvement in compliance would translate into increased revenues of approximately $8000 per patient a year.
Here is how the technology intends to work:
The Proteus ingestible sensor can be integrated into an inert pill or other ingested products, such as pharmaceuticals. Once the ingestible sensor reaches the stomach, it is powered by contact with stomach fluid and communicates a unique signal that determines identity and timing of ingestion. This information is transferred through the user’s body tissue to a patch worn on the skin that detects the signal and marks the precise time an ingestible sensor has been taken. Additional physiologic and behavioral metrics collected by the patch include heart rate, body position and activity. The patch relays information to a mobile phone application. With the patient’s consent, the information is accessible by caregivers and clinicians, helping individuals to develop and sustain healthy habits, families to make better health choices, and clinicians to provide more effective, data-driven care.
What are the unintended, adverse health effects of this technology? Has it been sufficiently safety-tested? These are questions that remain largely unanswered, but have already been raised in connection with other proposed RFID technologies intended to be implanted within the human body.
The Bill & Melinda Gates Foundation, which has recently come under criticism for their financial support of GMO agriculture, ‘edible‘ and ‘flying’ vaccines, pesticide-laden traditional scarves, and other questionable technological interventions ostensibly to reduce suffering, are also prominently figured partners on the Proteus Digital Health website.
The European Union was the first to approve Proteus’ system device in 2010, indicating the market for the technology is global.
JCPenney CEO Ron Johnson Wants To Eliminate The Person Standing At
The Cash Register RFID checkout looms in Near Future
He wants to eliminate the employees who stand at cash registers and get rid of traditional checkout by the end of 2013.
Instead, he’s pushing mobile checkout and self checkout. The stores will be 100 percent RFID (radio frequency identification) and wi-fi enabled.
JCPenney would reinvest those savings in customer service, he says.
If JCPenney can pull this off, customers won’t have to wait in lines anymore, making things more convenient and reducing their time in stores.
This also suggests that there will be more job cuts, since those workers won’t be needed anymore
Spain And Italy Are Toast Unless Germany Allows The ECB To Print
Trillions Of Euros
The financial chess game in Europe is still being played out, but in the end it is going to boil down to one very fundamental decision. Is Germany going to allow the ECB to print up trillions of euros and use those euros to buy up the sovereign debt of troubled eurozone members such as Spain and Italy or not? Nothing short of this is going to solve the problems in Europe. You can forget the ESM and the EFSF. Anyone that thinks they are going to solve the problems in Europe is someone that would also take a water pistol to fight a raging wildfire. No, the only thing that is going to keep Spain and Italy from collapsing under the weight of a mountain of debt is a financial nuke. The ECB needs to have the power to print up trillions of euros and use that money to buy up massive amounts of sovereign debt in order to guarantee that Spain and Italy will be able to borrow lots more money at very low interest rates. In fact, this is probably what European Central Bank President Mario Draghi has in mind when he says that he is going to “do whatever it takes to preserve the euro”. However, there is one giant problem. The ECB is not going to be able to do this unless Germany allows them to. And after enduring the horror of hyperinflation under the Weimar Republic, Germany is not too keen on introducing trillions upon trillions of new euros into the European economy. If Germany allows the ECB to go down this path, Germany will end up experiencing tremendous inflation and the only benefit for Germany will be that the eurozone was kept together. That doesn’t sound like a very good deal for Germany.
Those are unsustainable levels.
The only thing that is going to bring those bond yields down permanently to where they need to be is unlimited ECB intervention.
But that is not going to happen without German permission.
Meanwhile, the situation in Spain gets worse by the day.
An article in Der Spiegel recently described the slow motion bank run that is systematically ripping the Spanish banking system to shreds….
Capital outflows from Spain more than quadrupled in May to €41.3 billion ($50.7 billion) compared with May 2011, according to figures released on Tuesday by the Spanish central bank.
In the first five months of 2012, a total of €163 billion left the country, the figures indicate. During the same period a year earlier, Spain recorded a net inflow of €14.6 billion.
If those numbers sound really bad to you, that is because they are really bad.
At this point, authorities in Spain are starting to panic. According to Graham Summers, Spain has imposed the following new capital restrictions during the last month alone….
- A minimum fine of €10,000 for taxpayers who do not report their foreign accounts.
- Secondary fines of €5,000 for each additional account
- No cash transactions greater than €2,500
- Cash transaction restrictions apply to individuals and businesses
How would you feel if the U.S. government permanently banned all cash transactions greater than $2,500?
That is how crazy things have already become in Spain.
We should see the government of Spain formally ask for a bailout pretty soon here.
Italy should follow fairly quickly thereafter.
But right now there is not enough money to completely bail either one of them out.
In the end, either the ECB is going to do it or it is not going to get done.
A moment of truth is rapidly approaching for Europe, and nobody is quite sure what is going to happen next. According to the Wall Street Journal, the central banks of the world are on “red alert” at this point….
Ben Bernanke and Mario Draghi, with words but not yet actions, demonstrated this week that they are on red alert about the global economy.
Expectations are now high that Mr. Bernanke’s Federal Reserve and Mr. Draghi’s European Central Bank will act soon to address those worries. But both face immense tactical and political challenges and neither has a handbook to follow.
So what happens if Germany does not allow the ECB to print up trillions of new euros?
Financial journalist Ambrose Evans-Pritchard recently described what is at stake in all of this….
Failure to halt a full-blown debt debacle in Spain and Italy at this delicate juncture – with China, India and Brazil by now in the grip of a broken credit cycle and the US on the cusp of fresh recession even before the “fiscal cliff” hits – would tip the entire global system into a downward spin, triggering the sort of feedback loop that caused such havoc in late 2008.
As I have written about so frequently, time is running out for the global financial system.
Even Germany is starting to feel the pain. This week we learned that unemployment in Germany has risen for four months in a row.
So what comes next?
There is actually a key date that is coming up in September. The Federal Constitutional Court in Germany will rule on the legality of German participation in the European Stability Mechanism on September 12th.
If it is ruled that Germany cannot participate in the European Stability Mechanism then that is going to create all sorts of chaos. At that point all future European bailouts would be called into question and many would start counting down the days to the break up of the entire eurozone.
If Germany did end up leaving the eurozone, the transition would not be as difficult as many may think.
For example, most Americans may not realize this but Deutsche Marks are currently accepted at many retail stores throughout Germany. The following comes from a recent Wall Street Journal article….
Shopping for pain reliever here on a recent sunny morning, Ulrike Berger giddily counted her coins and approached the pharmacy counter. She had just enough to make the purchase: 31.09 deutsche marks.
“They just feel nice to hold again,” the 55-year-old preschool teacher marveled, cupping the grubby coins fished from the crevices of her castaway living room sofa. “And they’re still worth something.”
Behind the counter of Rolf-Dieter Schaetzle’s pharmacy in this southern German village lay a tray full of deutsche mark notes and coins—a month’s worth of sales.
I have a feeling that it would be much easier for Germany to leave the euro than it would be for most other eurozone members to.
The months ahead are certainly going to be very interesting, that is for sure.
Europe is heading for a date with destiny, and what transpires in Europe is going to shake the rest of the globe.
Sadly, most Americans still aren’t too concerned with what is going on in Europe right now.
Well, if you still don’t think that the problems in Europe are going to affect the United States, just check this news item from the Guardian….
General Motors’ profits fell 41% in the second quarter as troubles in Europe undercut strong sales in North America.
America’s largest automaker made $1.5bn in the second quarter of 2012, compared with $2.5bn for the same period last year. Revenue fell to $37.6bn from $39.4bn in the second quarter of 2011. The results exceeded analysts’ estimates, but further underlined Europe’s drag on the US economy.
Profits at General Motors are down 41 percent and Europe is being blamed.
The global economy is more tightly integrated than ever before, and there is no way that the financial system of Europe collapses without it taking down the United States as well.
And considering the fact that the U.S. economy has already been steadily collapsing, the last thing we need is for Europe to come along and take our legs out from underneath us.
Mainstream Reporter Tells The Truth About Audit The Fed And The
Creation Of The Federal Reserve (VIDEO)
When someone in the mainstream media goes out on a limb to tell the truth, then the rest of us should go out of our way to applaud that effort. Reporter Ben Swann of Fox 19 in Cincinnati is one of the few local television reporters in the United States that consistently tackles the tough issues. As you can see from his “Reality Check” archives, he regularly does reports on the Federal Reserve, the emerging police state, the loss of our freedoms and liberties, the advance of globalism, the economic collapse, political corruption, etc. etc. That is one reason why his YouTube channel is rapidly approaching a million views. In his most recent Reality Check, Ben Swann asked this question: “Is auditing the Federal Reserve really necessary?” In just four minutes, Swann covered the creation of the Federal Reserve, where money comes from, the 16 trillion dollars in secret loans given out by the Fed during the last financial crisis, and why an audit of the Fed is so important. It really was extraordinary to watch a local mainstream news reporter tell the truth about these things. We could definitely use about 1000 more reporters just like him.
The video of Ben Swann’s recent Reality Check is posted below. If you have not seen it yet, it is definitely worth the 4 minutes that it takes to watch it….
What in the world would this country look like if we had hundreds of other real journalists such as Ben Swann that were willing to tackle these kinds of issues head on?
Certainly nobody is perfect, but when a reporter like Swann is willing to go out on a limb and attack the Fed we need to applaud his efforts.
The mainstream media is supposed to hold those in positions of power accountable.
But most in the mainstream media treat the Federal Reserve with kid gloves. It is incredibly rare to hear any real criticism of the Fed by mainstream reporters.
If the mainstream media was actually doing their job, then perhaps we could get some answers to some questions that have gone unanswered for a very long time.
For example, Zero Hedge has published a “smoking gun” that proves that the Federal Reserve was heavily involved in manipulating the price of gold long after the gold standard was abandoned. If you have not read that piece yet, you can find it right here.
I would love to know to what extent this is still going on today, and why nobody ever asks Federal Reserve Chairman Ben Bernanke about this.
Another mystery that I would like to see addressed is the trillions of dollars of “off balance sheet transactions” that are unaccounted for at the Federal Reserve. This was brought up once during a Congressional hearing, but nobody seemed to have any answers. Video from this hearing is posted below….
As you can see from the video, nobody in the federal government seems to have any idea what is really going on over at the Fed.
But the Fed has more power over our economy and over our financial system than anyone else does.
Isn’t it about time that the American people got some answers?
The Federal Reserve is at the very heart of our debt-based financial system that was created by the big Wall Street banks and for the benefit of the big Wall Street banks.
The Federal Reserve (and virtually every other central bank in the world) is not accountable to the people. The Federal Reserve has created a perpetual debt bubble that is designed to systematically transfer the wealth of the American people to the banks. In this system, the total amount of money and the total amount of debt is designed to continually expand.
Since the Federal Reserve was created, the value of the U.S. dollar has declined by well over 95 percent and the U.S. national debt has gotten more than 5000 times larger.
But nobody seems to want to hold the Federal Reserve accountable for any of this.
Just what in the world is going on here?
In a previous article about auditing the Fed, I listed some more questions that I would like to see someone ask the Federal Reserve….
Was the Federal Reserve involved in the manipulation of Libor?
What role did the Federal Reserve play in creating the housing bubble that resulted in our unprecedented housing crash?
Why has the value of the U.S. dollar fallen by 83 percent since 1970?
Why is the Federal Reserve paying U.S. banks not to lend money?
Why did Barack Obama nominate Ben Bernanke for a second term as head of the Federal Reserve when Bernanke has a track record of failure that makes the Chicago Cubs look like a roaring success?
Why is the U.S. national debt more than 5000 times larger than it was when the Federal Reserve was created in 1913?
Why were the Federal Reserve and the personal income tax both pushed through Congress in the same year in 1913?
Why does the Federal Reserve argue that it is “not an agency” of the federal government in court?
Why do all 187 nations that belong to the IMF have a central bank?
Most Americans are pinning their hopes for an “economic turnaround” on the upcoming election in November.
But the truth is that until something is done about the Federal Reserve it isn’t going to matter very much who is in the White House.
As I wrote about yesterday, the total amount of all debt in America has grown from about 2 trillion dollars to nearly 55 trillion dollars over the past 40 years.
Yes, we should blame the American people for being really stupid about debt, but we also need to keep in mind that this is exactly what the debt-based Federal Reserve system was designed to do.
We have been enslaved by design and most Americans do not even realize what has happened.
Let us encourage reporters like Ben Swann to keep speaking out about the Federal Reserve, and the rest of us need to keep speaking out about the Fed too.
Just Open Up Your Eyes And Look – 65 Signs That The Economic Collapse
Is Already Happening
Do you want to know when the “economic collapse” is going to happen? Just open up your eyes and take a look. The “economic collapse” is already happening all around us. So many people talk about the coming economic collapse as if it is some massively hyped event that they will be able to point to on the calendar, and a lot of writers spend a lot of time speculating about exactly when it will happen. But as I have written about before, the economic collapse is not a single event. The economic collapse has been happening, it is happening right now, and it will be getting a lot worse. Yes, there will be moments of great crisis. We saw one of those “waves” back in 2008 and another “wave” is rapidly approaching. But all of the waves are part of a process that is continually unfolding. Over the past 40 years, the United States and Europe have piled up the greatest mountain of debt in the history of the world, and now a tremendous amount of pain is heading our way. Economic conditions in the United States and Europe have already deteriorated badly and they are going to continue to deteriorate. Nothing is going to stop what is coming.
But many people are still in denial about our economic decline. Some people still believe that everything is going to be just fine. Way too often I get comments on my site that go something like this….
“I just don’t know what you are talking about. Where I live everything is just fine. The malls are packed, the restaurants are full and everybody I know is going on vacation this summer. Personally, I am doing great. I just bought a 60 inch television and a new boat. Every year all the ‘doom and gloom’ types such as yourself proclaim that an economic collapse is right around the corner but it never happens. And you know what? It is not going to happen. Those in charge know what they are doing and America has the greatest economy on earth. We have overcome challenges before and we will be able to handle whatever comes this time. Your lack of faith in America and in the American people astounds me. Everything is going to be just fine, so why don’t you just *************************************.”
You get the idea.
I definitely understand that most Americans are terribly self-involved these days, but when I read comments like this I am once again amazed at just how delusional some people can be.
Why can’t people just open their eyes and look at the evidence of economic collapse that is all around us?
Yes, there are wealthy enclaves all over the country where things may seem better than ever, but that is not the reality for most Americans.
All over the country, our infrastructure is in shambles.
All over the country, our once proud cities are being transformed into hellholes.
All over the country, formerly middle class families are living in their cars.
There are dozens and dozens of economic statistics that clearly show that we are in the midst of a long-term economic decline. I have listed 65 of them below, but I could have easily doubled or tripled the size of the list.
I simply do not understand how anyone can believe that things are “great” or that the U.S. economy is going to be “just fine”.
We are living through a complete and total economic nightmare, and hopefully we can get more Americans to wake up from their entertainment-induced comas so that they can begin to understand exactly what is happening to this country.
The following are 65 signs that the economic collapse is already happening all around us….
1. Since Barack Obama entered the White House, the number of long-term unemployed Americans has doubled from 2.7 million to 5.4 million.
2. The average duration of unemployment in the United States is nearly three times as long as it was back in the year 2000.
4. Unemployment in the eurozone has hit another brand new record high. It is now sitting at 11.2 percent. It has risen for 14 months in a row.
5. The U.S. economy lost more than 220,000 small businesses during the recent recession.
6. The percentage of Americans that are self-employed fell by more than 20 percent between 1991 and 2010.
7. Overall, the number of “new entrepreneurs and business owners” dropped by a staggering 53 percent between 1977 and 2010.
8. The unemployment rate in Spain is now up to 24.6 percent.
9. Morgan Stanley is projecting that the unemployment rate in Greece will exceed 25 percent in 2013.
10. Since Barack Obama became president, the price of a gallon of gasoline has risen from $1.85 to $3.49.
12. About three times as many new homes were sold in the United States in 2005 as will be sold in 2012.
13. While Barack Obama has been in the White House, home values in the United States have declined by 12 percent.
14. According to AARP, 600,000 American homeowners that are 50 years of age or older are currently in foreclosure.
15. Right now there are now 20.2 million Americans that spend more than half of their incomes on housing. That represents a 46 percent increase from 2001.
16. According to Gallup, the current level of homeownership in the United States is the lowest that they have ever measured.
17. Federal housing assistance increased by a whopping 42 percent between 2006 and 2010.
18. In some areas of Detroit, Michigan you can buy a three bedroom home for just $500.
19. All around us our cities are crumbling. According to the American Society of Civil Engineers, 2.2 trillion dollars is needed just to repair critical infrastructure in the United States.
20. The unemployment rate in New York City is now back up to 10 percent. That equals the peak unemployment rate in New York City during the last recession.
22. The U.S. Postal Service is about to default on a 5.5 billion dollar payment for future retiree health benefits.
23. According to Graham Summers, “when we account for all the backdoor schemes Germany has engaged in to prop up the EU, Germany’s REAL Debt to GDP is closer to 300%.”
24. According to the Federal Reserve, the median net worth of families in the United States declined “from $126,400 in 2007 to $77,300 in 2010“.
25. The U.S. trade deficit with China during 2011 was 28 times larger than it was back in 1990.
26. The United States has lost more than 56,000 manufacturing facilities since 2001.
27. During 2010 alone, an average of 23 manufacturing facilities permanently shut down in the United States every single day.
28. The U.S. government says that the number of Americans “not in the labor force” rose by 17.9 million between 2000 and 2011. During the entire decade of the 1980s, the number of Americans “not in the labor force” rose by only 1.7 million.
29. Eight million Americans have “left the labor force” since the recession supposedly ended. If those Americans were added back into the unemployment figures, the unemployment rate would be somewhere up around 12 percent.
31. At this point, one out of every four American workers has a job that pays $10 an hour or less. If that sounds like a high figure, that is because it is. Today, the United States actually has a higher percentage of workers doing low wage work than any other major industrialized nation does.
33. According to one study, between 1969 and 2009 the median wages earned by American men between the ages of 30 and 50 declined by 27 percent after you account for inflation.
34. In 2007, the unemployment rate for the 20 to 29 age bracket was about 6.5 percent. Today, the unemployment rate for that same age group is about 13 percent.
35. According to the Bureau of Economic Analysis, health care costs accounted for just 9.5% of all personal consumption back in 1980. Today they account for approximately 16.3%.
36. Medicare spending increased by 138 percent between 1999 and 2010.
37. Over the next 75 years, Medicare is facing unfunded liabilities of more than 38 trillion dollars. That comes to $328,404 for each and every household in the United States.
38. Back in 1990, the federal government accounted for 32 percent of all health care spending in America. Today, that figure is up to 45 percent and it is projected to surpass 50 percent very shortly.
39. Back in 1965, only one out of every 50 Americans was on Medicaid. Today, one out of every 6 Americans is on Medicaid, and things are about to get a whole lot worse. It is being projected that Obamacare will add 16 million more Americans to the Medicaid rolls.
41. Since Barack Obama entered the White House, the number of Americans living in poverty has risen by 6.4 million.
42. The number of Americans on food stamps has risen from 32 million to 46 million since Barack Obama became president.
44. The number of children living in poverty in the state of California has increased by 30 percent since 2007.
45. Child homelessness in the United States has risen by 33 percent since 2007.
46. According to the National Center for Children in Poverty, 36.4 percent of all children that live in Philadelphia are living in poverty, 40.1 percent of all children that live in Atlanta are living in poverty, 52.6 percent of all children that live in Cleveland are living in poverty and 53.6 percent of all children that live in Detroit are living in poverty.
47. Approximately 57 percent of all children in the United States are living in homes that are either considered to be either “low income” or impoverished.
48. According to the U.S. Census Bureau, the percentage of Americans living in “extreme poverty” is now sitting at an all-time high.
49. In the United States today, somewhere around 100 million Americans are considered to be either “poor” or “near poor”.
50. It is now being projected that about half of all American adults will spend at least some time living below the poverty line before they turn 65.
51. Total home mortgage debt in the United States is now about 5 times larger than it was just 20 years ago.
52. Total consumer debt in the United States has risen by 1700 percent since 1971.
53. Recently it was announced that total student loan debt in the United States has passed the one trillion dollar mark.
54. According to one recent survey, approximately one-third of all Americans are not paying their bills on time at this point.
55. In 1983, the bottom 95 percent of all income earners in the United States had 62 cents of debt for ever dollar that they earned. Today, the bottom 95 percent of all income earners in the United States have $1.48 of debt for every dollar that they earn.
56. The United States was once ranked #1 in the world in GDP per capita. Today we have slipped to #12.
57. According to the U.S. Census Bureau, 49 percent of all Americans live in a home where at least one person receives benefits from the federal government. Back in 1983, that number was below 30 percent.
58. Incredibly, 37 percent of all U.S. households that are led by someone under the age of 35 have a net worth of zero or less than zero.
59. Today there are approximately 25 million American adults that are living with their parents.
61. During the Obama administration, the U.S. government has accumulated more debt than it did from the time that George Washington took office to the time that Bill Clinton took office.
62. Overall, the U.S. national debt has grown by nearly 10 trillion dollars over the past decade.
63. The U.S. national debt is now more than 22 times larger than it was when Jimmy Carter became president.
65. As Financial Armageddon recently point out, so many homeless people are pooping on the escalators at San Francisco’s Civic Center Station at night that the escalators are breaking down and repair teams have been called in to clean up the mess. As the economy gets even worse, will scenes like this start playing out in all of our cities?
From the Gospel of Matthew: Chapter 7, beginning at verse 7;
7 ¶ Ask, and it shall be given you; seek, and ye shall find; knock, and it shall be opened unto you:
8 For every one that asketh receiveth; and he that seeketh findeth; and to him that knocketh it shall be opened.
9 Or what man is there of you, whom if his son ask bread, will he give him a stone?
10 Or if he ask a fish, will he give him a serpent?
11 If ye then, being evil, know how to give good gifts unto your children, how much more shall your Father which is in heaven give good things to them that ask him?
12 Therefore all things whatsoever ye would that men should do to you, do ye even so to them: for this is the law and the prophets.
13 ¶ Enter ye in at the strait gate: for wide is the gate, and broad is the way, that leadeth to destruction, and many there be which go in thereat:
14 Because strait is the gate, and narrow is the way, which leadeth unto life, and few there be that find it.
15 ¶ Beware of false prophets, which come to you in sheep’s clothing, but inwardly they are ravening wolves.
16 Ye shall know them by their fruits. Do men gather grapes of thorns, or figs of thistles?
17 Even so every good tree bringeth forth good fruit; but a corrupt tree bringeth forth evil fruit.
18 A good tree cannot bring forth evil fruit, neither can a corrupt tree bring forth good fruit.
19 Every tree that bringeth not forth good fruit is hewn down, and cast into the fire.
20 Wherefore by their fruits ye shall know them.
21 ¶ Not every one that saith unto me, Lord, Lord, shall enter into the kingdom of heaven; but he that doeth the will of my Father which is in heaven.
22 Many will say to me in that day, Lord, Lord, have we not prophesied in thy name? and in thy name have cast out devils? and in thy name done many wonderful works?
23 And then will I profess unto them, I never knew you: depart from me, ye that work iniquity.
24 ¶ Therefore whosoever heareth these sayings of mine, and doeth them, I will liken him unto a wise man, which built his house upon a rock:
25 And the rain descended, and the floods came, and the winds blew, and beat upon that house; and it fell not: for it was founded upon a rock.
26 And every one that heareth these sayings of mine, and doeth them not, shall be likened unto a foolish man, which built his house upon the sand:
27 And the rain descended, and the floods came, and the winds blew, and beat upon that house; and it fell: and great was the fall of it.
28 And it came to pass, when Jesus had ended these sayings, the people were astonished at his doctrine:
29 For he taught them as one having authority, and not as the scribes.