Tag Archives: World news

Obama Quietly Gives Waivers on Iran Sanctions Mandate

File this one under the “Obama says one thing, and then does another” file of 2012. From NightWatch,  we see that Hillary Clinton’s State Dept., along with President Obama have told another blatant lie to the American and world citizenry concerning the latest “get tough” Iran sanctions  announced with much fanfare back on Nov. 21st, 2011: (emphasis added)

The Obama administration on Tuesday exempted 10 European Union countries and Japan from US economic sanctions because they have significantly reduced their purchases of petroleum from Iran. Secretary of State Hillary Rodham Clinton granted waivers to Belgium, Britain, the Czech Republic, France, Germany, Greece, Italy, the Netherlands, Poland, Spain and Japan, meaning that banks and other financial institutions based there will not be hit with penalties under US law for a renewable period of 180 days.

Comment: The exemptions signify that the sanctions against Iran are somehow not aimed at key countries in economic duress and that depend on Iranian oil. This is a curious exemption because the termination of most international banking relations will make it difficult for the Europeans and the Japanese to pay for their oil.

Note: Britain is among the countries that will be allowed to continue to do business with Iran, despite the claimed Obama/Hillary “get tough” sanctions on Iran. This is astounding, in the fact that it was the British that initiated the new “get tough on Iran” policies recently. From the Iran Sanctions link above from Fox News we see the following info-bytes:

The British announced the first measures, declaring they would cut off all  financial ties with Iranian banks to stem the flow of funds for its nuclear and  ballistic missile programs. Britain’s new restrictions included an order that  its financial institutions cease doing business with all Iranian banks,  including the country’s Central Bank. The ban extends to all branches and  subsidiaries of Iranian banks, amounting to an unprecedented British attempt to  cut off an entire country’s banking industry off from the British financial  sector.

The sanctions are aimed at “preventing the Iranian  regime from acquiring nuclear weapons,” British Treasury chief George  Osborne said.

Once again, we see that the Obama administration, in conjunction with Hillary Clinton’s State Dept. propagandists had announced to the world new “get tough sanctions” against Iran to deter their efforts to secure nuclear weapons of mass destruction, yet have already given massive waivers that will allow the British, among other countries, to in fact…. continue to put money into the coffers of the totalitarian regime of Iran, thus allowing them to continue their pathway to effect their stated desires to wipe Israel off the map with nuclear bombs. These fake get tough sanctions on Iran prove once again that Barack Obama is as phony as a three-dollar-bill.

 

CEO of German Deutsche Bank Targeted with Package Bomb

 

Merkel and Sarkozy, Plotting the protectionism of Germany and France while the rest of Europe is bankrupt

A package addressed to Deutsche Bank CEO Josef Ackermann  was intercepted in Frankfurt, Germany on Wednesday that contained explosives and shrapnel, with a return address of the European Central banks headquarters, which is located just a few blocks away from Deutsche banks HQ.   Fox News  is reporting that the NYPD is warning local banks to bolster mailroom security and that the NYPD’s deputy commissioner, Paul Browne had stated that several police officers were being sent around to Deutsche bank locations throughout the city to exercise “an abundance of caution.”

So-called [and unnamed] U.S. officials are now coming out of the woodwork with several possible explanations of just who could be behind this bomb plot. This comes on the heels of announcing that there are no strong leads in the case, so any theories are mainly conjecture at this point. First they are pointing at Al Qaeda in the Arabian peninsula, mainly because they were behind last years cargo printer bombs.  While the method of operation was similar there, the attempted Deutsche bank bombing appears to be directly pointed at one single person- CEO Josef Ackermann. So far it is an isolated incident whereas the cargo printer bomb plot involved multiple targets.

Another scenario being tossed around by officials is the recent Iran threat against U. S. troops stationed around Germany. Whoever came up with this theory appears to lack common sense and any hint of “intelligence,” as is shown by the fact that the bomb targeted the CEO of Deutsche bank, not a military base, or any place U. S. troops in Germany would frequent, such as a nightclub.

One only has to look into the European debt crisis, riot- protests, and the toppling of several leaders of EU countries recently to see that this bomb plot probably was meant to send a strong warning message against certain elements in the EU plutocracy that have been manipulating the bailouts/ non-bailouts of the smaller EU countries and their part in creating the major debt-crisis. Right smack dab in the middle of all of this EU, IMF, and European Central bank financial maneuvering has been Angela Merkel and Deutsche bank. From the Fox news article linked above, we see the following very interesting tidbit :

Ackermann, along with other Deutsche Bank executives, are being investigated over alleged false testimony they gave during a major civil lawsuit in Germany, which raises additional questions about the origins of the package. Reuters reported that Ackermann is one of the few executives in Germany always surrounded by bodyguards.

ECB

And then we have the “Occupy Frankfurt” movement pitching their tents across the street from the ECB, which by the way, who’s return address was on the mail bomb package.  The MO here could fit some of the Occupy patterns, as in the fact that officials are saying the bomb was not sophisticated, and the devious idea of putting the return address of the ECB on the bomb package certainly would fit the same pattern of Occupy slogans and some of the  cutesy rhetoric we have seen on the Occupiers signs recently.  There is also a heavy presence of Anarchists at these Occupy camps, and they have a history of bombings and attempted mayhem very similar to this attempt.

In summary, this appears to be a domestic (as in EU) issue, as opposed to a foreign terrorist plot. One thing we can be sure on, is that whoever is behind this plot will be dismissed as a raving lunatic in order to cover up any of  the EU plutocracy’s transgressions that this person/group is trying to take action against. The EU is drowning in debt and several countries are bankrupt. Meanwhile Angela Merkel’s Germany sits right in the middle of the Eu and currently enjoys relatively low unemployment and prosperity while the rest of the EU is forced to undertake severe austerity measures which have people rioting. Germany’s  Deutsche bank CEO was just made the target of a bomb plot.  This could be a single isolated incident to send a stiff message to the elitist bankers and plutocrats of the EU, or it could be the start of real chaos in Europe. You can bet another big player in all of this is under heavy protection today also, as in Mr Nicholas Sarkozy the current President of France.  Merkel and Sarkozy, as pictured above are really bombarding the press with supposed plans to deal with the very EU debt-crisis that they themselves  have created,   as seen here.

Only time will tell as to whether these theories that are expressed here, compiled by looking at the complete picture of just what is happening in Europe today are true.  One thing we can be darn sure of, is that this bombing attempt is not the work of foreign terrorists, simply because all they have to do is sit back and watch the EU implode all on it’s own, thanks to the likes of Merkel, Sarkozy and the globalists behind them.

CNN Update 7 am- The Bomb was real.

 

 

 

 

China to Help Fund Latest EU Bailout Package? No Deal

French President Nicolas Sarkozy placed a phone call to China’s President Hu Jintao after European leaders reached another last-minute deal to increase bailout funding in an attempt to tackle the regions worst debt crisis in over two decades. Apparently, Sarkozy’s pleas for China to contribute upwards of $100 billion (U.S.) to the EU bailout fund fell on deaf ears, as China’s refusal to buy EU bonds was reported early Friday morning, much to the dismay of the Global media that had been reporting that China would be buying upwards of $100 billion dollars worth of the EU’s bonds.

 

 Sarkozy attempted to woo public opinion and apply Global pressure by taking to the media in an interview right after his phone call to China’s President in which he stated:  “If the Chinese, who have 60 percent of global reserves, decide to invest in the euro instead of the dollar, why refuse?”  The answer to that question can be found in China’s state media announcement that Europe must take responsibility for the crisis and not rely on “good Samaritans” to save the continent.  Maybe China simply sees the U.S  as a good investment, and the EU..not so much.  China currently holds approximately $3.2 trillion dollars in foreign exchange reserves and was looking for “attractive, solid, safe investment opportunities according to Claus Regling, the chief executive of the European Financial Stability Fund. (EFSF) Mr. Regling is currently on a world tour talking to governments about how the EFSF might be structured so the EU bonds it sells to make money will look “more attractive” As Communist leaders in China try to deal with soaring housing costs and food prices while exporters are struggling to stay afloat, selling EU bonds to China right now is off the table.

The EFSF has already “announced” an increase of some measures including quadrupling the firepower of the fund to one trillion euros ($1.4 trillion). Now the main problem is just where that cash infusion will come from. As stock markets rallied on the recent news of the EU bailout fund quad-rupling, the EFSF is seen to be scrambling to raise the funds.  Isn’t that akin to be placing a bet on an as yet unfunded entity?  China certainly thinks so.

The EFSF fund was set up in May 2010 and is designed to provide financial assistance to European economies at risk of default, such as Greece, Ireland and Portugal. Here we  some 17 months later, and the crisis is now looming larger than ever. Next up on Regling’s EU bailout begging tour is Japan, whom as also offered “vague promises” ( just like China in the beginning) that Japan might be willing to expand it’s already large contributions to the EU’s bailout fund. We can expect Japan to take the route China has in refusing to bury itself in the EU bailout debacle simply because, as The People’s Daily Communist media outlet in China stated: “The (EFSF) summit did not reach any decision on institutional reform and therefore did not eliminate concerns over the (causes of) the European debt crisis at the root.”

Adding to the fact that the EFSF has apparently promised a $1.4T cash infusion into the EU bailout fund without first securing the actual funding, is that, as is usually the case, China will want to put certain “conditions” on their participation in buying EU bonds to increase the EU bailout fund. Those conditions: Greater market access in Europe and silence on their currency manipulation which most economists say is being unfairly undervalued. That tidbit comes to us from IHS Global Insight analyst Ren Zianfang.  Didn’t the U.S. Senate recently pass legislation calling for sanctions against China for undervaluing their currency? Yes they did, as you can see here.

In another shocking revelation, (sarc) also on Friday, a deputy Chinese finance minister said Beijing needs to learn how the new investment vehicle will work before deciding whether to invest.

China wants details on the amount of bonds issued by Italy and other individual European governments that might be guaranteed by the fund, Zhu Guangyao said at a separate briefing. Oh the nerve of those Chinese, wanting petty “details” before committing another $100T to the EU bailout fund!

So the Global market rallied on the EFSF’s recent announcement that they will quadruple the EU bailout funding. All they need to do now is find the money to put into the fund. What a dysfunctional mess of an organization. This is a grand example of how the EU Global government has become so involved with the European banking system that it has exasperated the European financial crisis tenfold, and instead of helping European countries to pull out of the recession, it now threatens to drag the U.S. and the rest of the world down with it.

 

 

 

Breaking News Flash! Libya's Muammar Qaddafi Reportedly Captured/ Now DEAD

Fox News is reporting that Libya’s ousted leader,  Muammar Qaddafi has been captured. He was reportedly wounded in both legs and found in a hole similar to when Iraq’s oppressive leader, Saddam Hussein was captured. UPDATE: AFP confirms Qaddafi dead. i (Pic: AFP /Philippe Desmazes) It is reported that Qaddafi was shot in both legs and shot in the head. He was reportedly found hiding in a bunker.  The conflict remains about how Qaddafi was originally captured and then whether he was executed by an order to avoid his trial. Information Minister Mahmoud Shammam said he has confirmed that Qaddafi was dead from fighters who said they saw the body. He said he expects the prime minister to confirm the death soon, noting that past reports emerged “before making 100 percent confirmation.” Huge concerns about the huge stockpiles of rocket-fired missiles are being reported, as there are no NATO/US boots on the ground to keep those weapons from being sold on the black market.

Colonel Gaddafi (Pic: AFP /Philippe Desmazes)

 

 

 

 

In an earlier report from Foxnews.com we had seen it reported that Libyan Rebels had captured Qaddafi’s home town of Sirte, which apparently led to his capture. We will update this story as more information becomes available.

Col Gaddafi

Qaddafi took power in 1969 in a bloodless coup at the young age of 27. A ruthless dictator for 42 years, he ruled Libya with an iron fist which included reinstating the punishment of cutting off the hands of thieves. U.S. President Reagan gave Qaddafi the moniker of “Mad Dog of the Middle East. According to the latest reports. NATO jets attacked a convoy trying to escape the town of Sirte,  in which Qaddafi was riding in. The Libyan Rebels then captured Qaddafi alive when they found him hiding in a drainage ditch, and attempted to transport him to their Headquarters in Misrata. Qaddafi had wounds from gunshots to his legs and eventually was shot in the head, but whether it was the Rebels or the NATO strike that resulted in Qaddafi’s death is still in dispute.

Libya is now free from the notorious Dictator and there is dancing and celebratory gunshots in the streets across Libya today. France and the UK are to be commended for their role in the initial demands to intervene in Libya and to oust Qaddafi. President Obama eventually bent to the demands of French President Sarkozy to intervene in Libya, and the U.S. was very heavily involved in the initial air strikes and supplied the majority of the cruise missiles that started to turn the tide against Qaddafi. Many people have criticized President Obama for not taking action sooner and possibility avoiding some of the atrocious murders of the Libyan citizens in late 2010, and in the beginning of 2011.

The world, and especially the Libyan people are better off today with the death of the ruthless Libyan Dictator who was also responsible for numerous bombings in other countries, including the deaths of 270 people in the Lockerbe bombing over Scotland. Just what the Libyan people do with their new-found freedom remains to be seen. Qaddafi was supposedly the last obstacle preventing them from installing a Democracy and creating a new constitution. Just how they handle their new-found freedom and liberty could set them up for a true Democracy and a bright future for all Libyans if done properly without overt influence from radical fundamentalists in the area.

 

 

 

 

 

 

 

UPDATE: While Fox News reports Qaddafi is now dead, the BBC still reports that  he was captured here.