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Europe’s Delusion, Dilemma, And Endgame

This 9 minute video explains succinctly the real driving force behind the EU crisis and the possible endgame, the destruction of the EU nation-state. For more economic animations see http://www.davidmcwilliams.ie/ When I was still in primary school, punk rock emerged – it seemed to me – out of nowhere and re-invented music. Before, music to […]

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NSA hacks into Google and Yahoo datacenters

Reports are surfacing that the NSA has secretly tapped into two of the largest internet service providers in the US; Google and Yahoo. WASHINGTON (AP) — The Washington Post is reporting that the National Security Agency has secretly broken into the main communications links that connect Yahoo and Google data centers around the world. The […]

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US DOJ confirms criminal investigation into Forex manipulation

Just days after major Forex banks such as Deutche Bank, Rabobank, and others “The Usual Suspects” have been fined billions for a Libor fixing scandal, the US Department of Justice officially announced a criminal investigation into the fixing of Forex rates. Oct 29 (Reuters) – The U.S. Justice Department is investigating the manipulation of foreign […]

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Lack of price discovery killing capitalism

The economic problem with government bail-outs and intervention is they act as a huge economic player, keeping rates artificially low and stimulating those companies that work directly with the government.  The economic problem with this is that while the large companies can remain afloat with this support, very little ‘trickles down’ to small enterprises which […]

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America’s culture of ignorance

“Any formal attack on ignorance is bound to fail because the masses are always ready to defend their most precious possession – their ignorance.” – Hendrik Willem van Loon The levels of ignorance are multi-dimensional and diverse, crossing all educational, income, and professional ranks. The stench of ignorance has settled like Chinese toxic smog over […]

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NSA German post revealed to be the US Embassy

According to SPIEGEL research, United States intelligence agencies have not only targeted Chancellor Angela Merkel’s cell phone, but they have also used the American Embassy in Berlin as a listening station. The revelations now pose a serious threat to German-American relations. Read full article It’s not new that there are ties between diplomatic posts and […]

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USA bugged Merkel’s phone for 10 years

Reuters reports today that US intelligence agencies may have bugged Angela Merkel’s phone for more than 10 years.  Germany is sending intelligence chiefs to Washington to discuss the matter. BERLIN (Reuters) – The United States may have bugged Angela Merkel’s phone for more than 10 years, according to a news report on Saturday that also […]

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Greenspan admits markets are result of screwy people, difficult to forecast

Alan Greenspan made a shocking statement on the Daily Show: “We really can’t forecast all that well. We pretend that we can but we can’t. And markets do really weird things sometimes because they react to the way people behave, and sometimes people are a little screwy.” – Alan Greenspan, speaking this week on “The […]

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