More TSA Buffoonery: Agent Spills Ashes Of Traveler’s Grandfather

RTV6 ABC Indianapolis INDIANAPOLIS -- A man's attempt to bring the ashes of his grandfather home to Indianapolis ended with an angry scene in a Florida airport, with the ashes spilled on the terminal floor. John Gross, a resident of Indianapolis' south side, was leaving Florida with the remains of…
Continue Reading

Projected Fallout From The Potential Breakup Of The Eurozone

June 25, 2012 As the following image from Spiegel summarizes, three things will happen simultaneously when the unthinkable finally occurs: i) economic output plummets, ii) unemployment rate soars, and iii) consumer prices explode. Of course, this is nothing but merely deferred consequences for Europe partying for over a decade under…
Continue Reading

Moody’s Downgrades 28 Spanish Banks On Sovereign Risk

Bloomberg News Banco Santander SA (SAN) and Banco Bilbao Vizcaya Argentaria SA (BBVA) were among 28 Spanish banks downgraded by Moody’s Investors Service, which cited the country’s sovereign debt and rising losses on real estate loans. The lenders’ long-term debt and deposit ratings were cut by one to four levels,…
Continue Reading

Turkey Claims Syria Attacked All Of NATO By Shooting Down Jet

Washington Times ANKARA, Turkey — Turkey said Monday it would push NATO to consider Syria’s downing of a Turkish jet as an attack on the whole military alliance. The announcement came on the eve of a meeting by NATO’s governing body to discuss the incident. Despite deep frustration among many…
Continue Reading

Markets Tumble As Socialist Kool-Aid Fails To Materialize

Zero Hedge S&P 500 e-mini futures are over 20pts below their day-session closing highs on Friday as energy and financials lead the plunge. The major financials appear to have finally woken up to the hypothecated reality of huge collateral calls on the back of their downgrades, the lack of a…
Continue Reading

Army Looks To Implement Lightning Strike Weapon

Live Science June 25, 2012 A guided lightning bolt travels horizontally, then hits a car when it finds the lower resistance path to ground in a Army test. CREDIT: Army | Picatinny Arsenal Today’s military lasers can blind spy satellites or burn enemy vehicles, but tomorrow’s could guide lightning bolts…
Continue Reading

Stocks Sell Off Globally As the Euro Debt Morass Has No Solution In Sight

Bloomberg News stocks fell, after last week’s drop in the Standard & Poor’s 500 Index, on concern a European Union summit will fail to tame the region’s debt crisis. Financial (S5FINL) and energy shares fell the most among 10 S&P 500 groups. Bank of America Corp. (BAC) and Chevron Corp.…
Continue Reading

Turkey Claims Syria Fired On Second Turkish Jet, Says “Act Won’t Go Unpunished”, Has Invoked NATO Articles 4 And 5

The embers of World War 3 are burning hotter as news of a second engagement incident over Syria sparks more controversy Via Zero Hedge At this point even those who have never heard of the Gulf of Tonkin know where this is headed: SYRIAN ACT 'WON'T GO UNPUNISHED,' TURKEY'S ARINC…
Continue Reading

Chinese Counterfeit $35 Million Worth of Italian Train Tickets

By PHOEBE NATANSON ROME - Italian police are not surprised when they find counterfeit goods from China, but were taken aback to find $35 million worth of counterfeit train tickets for Rome's "Leonardo express" train on a ship that arrived from China. Police in the Tuscan port of Livorno discovered…
Continue Reading

Dr. Michael “The Big Short” Burry’s “Brutal Hangover Is Inevitable” State-Of-The-World UCLA Commencement Speech

Article Originally Appears At Zero Hedge Infamous for his prediction of the great recession, Europe's demise, and the collapse of the US financial system (as well as profiting extremely handsomely from said predictions), so well captured in Michael Lewis' book "The Big Short", UCLA's Dr. Michael Burry undertakes UCLA's Economics…
Continue Reading

Iraq: Police Crackdown On Press, To Close Some Media Outlets

aqi police are under orders to shut down a number of foreign and local media outlets across the country, reports Iraqi journalist rights group. The BBC and Voice of America are just some of the prominent television channels targeted by the order. The Journalistic Freedoms Observatory (JFO) says it has…
Continue Reading

Unusual Rain, Heavy Flooding Plagues Duluth, Drowns Zoo Animals

The Northwestern DULUTH, Minn. (AP) — Jeb, the black and brown dwarfed goat at Lake Superior Zoo, sought out Brad Jago every day for a little love, attention and a gentle scratch on the forehead where his horns once stood. On Wednesday it was Jago seeking Jeb, as the groundskeeper…
Continue Reading

Downed Turkish Jet Will Be Used By West to Draw Turkey Into Bilderberg and NATO’s Plan

Patrick Henningsen Details regarding today’s reports of a Turkish Jet which lost contact with air traffic control over Syrian airspace and crashed into Syrian territorial waters, are still unclear. It is not known whether the jet was shot down or not. According RT, Turkish President Erdogan “did not confirm reports that…
Continue Reading

Sir Richard Branson Clarifies His Position On Carbon Taxes On The Airline Industry

National Review David Rothbard Words flew as CFACT’s Craig Rucker and Sir Richard Branson squared off at the Rio+20 Earth Summit in Brazil. Surrounded by Greenpeace activists, Branson was leaving the Greenpeace press conference just as Rucker was entering for CFACT’s press event. Rucker seized the opportunity to confront the…
Continue Reading

House Bill Will Bring TSA Tyranny To Mass Transit

Federal News Radio By Joile Lee Follow her @jleeWFED The Transportation Security Administration already shares intelligence it collects with airports. Now a House bill would expand TSA's intel sharing to local mass transit systems as well. Rep. Jackie Speier (D-Calif.), the bill's sponsor, said the legislation is a "common sense…
Continue Reading

“Don’t Be Alarmed”: Army Trains MPs To Drive Tanks On U.S. Streets

Paul Joseph Watson St Louis City residents have been warned to not be alarmed at the sight of Army tanks rolling down residential neighborhoods after sightings of the vehicles provoked fears of martial law. The exercise is part of a Army program run by military police from Fort Meade, Maryland…
Continue Reading

Paul Craig Roberts: World Economic Collapse At Hand, Debt Running Wild Like A Rabid Dog

Article Originally Appears Here Ever since the beginning of the financial crisis and quantitative easing, the question has been before us: How can the Federal Reserve maintain zero interest rates for banks and negative real interest rates for savers and bond holders when the US government is adding $ trillion…
Continue Reading

Abandoning Ship: The Eurozone Is Failing At An Accelerating Rate

Zero Hedge Submitted by Alasdair Macleod, contributing editor   Abandoning Ship The Eurozone Is Failing At An Accelerating Rate   It will be no surprise to readers that the news coming out of the Eurozone just gets worse and worse. The reality is that Ireland, Portugal, Spain, Italy, Belgium, Greece,…
Continue Reading

The Not Too Near Future of The Police State: Swarms of Cyborg Insect Drones

  June 21, 2012   Forget the roachbots and the swarm of MIT humanoid robots dancing in sync, as well as “disposable” quarter-sized kilobots which are “cheap enough to swarm in the thousands,” and think instead of DARPA-like tiny insect cyborg drones that are “designed to go places that soldiers…
Continue Reading

Basel III Will ‘Damage Developing Countries’

  By Brooke Masters Financial Times Tough global bank reforms will be disproportionately difficult to implement in developing economies and will damage their growth, a global taskforce of bankers and businessmen from emerging markets is set to so-called Basel III rules will impose capital and liquidity requirements that were designed…
Continue Reading