If anyone wants the pdf with the information about the boston marathon, please send me an e mail to nunezreport@gmail.com and I will gladly send it to you.
Thursday, May 2, 2013
PDF with the info
If anyone wants the pdf with the information about the boston marathon, please send me an e mail to nunezreport@gmail.com and I will gladly send it to you.
china invades india disputed territory
A two week Chinese incursion has left India on the verge of crises, it has today been reported.
India says Chinese troops set up a camp on its side of the ill-defined frontier in Ladakh region in the middle of April.
The platoon of Chinese soldiers slipped across the boundary into India in the middle of the night, according to Indian officials.
Activists of India's right-wing Shiv Sena, shout anti-China slogans and burn a Chinese flag during a protest against an alleged Chinese incursion. India says Chinese troops set up a camp on its side of the ill-defined frontier in Ladakh region
The platoon of Chinese soldiers slipped across the boundary into India in the middle of the night, according to Indian officials
They were ferried across the bitterly cold moonscape in Chinese army vehicles, then got out to traverse a dry creek bed with a helicopter hovering overhead for protection.
They finally reached their destination and pitched a tent in the barren Depsang Valley in the Ladakh region, a symbolic claim of sovereignty deep inside Indian-held territory.
So stealthy was the operation that India did not discover the incursion until a day later, Indian officials said.
China denies any incursion, but Indian officials say that for two weeks, the soldiers have refused to move back over the so-called Line of Actual Control that divides Indian-ruled territory from Chinese-run land, leaving the government on the verge of a crisis with its powerful northeastern neighbor.
Indian officials fear that if they react with force, the face-off could escalate into a battle with the feared People's Liberation Army. But doing nothing would leave a Chinese outpost deep in territory India has ruled since independence.
'If they have come 19 kilometres into India, it is not a minor LAC violation. It is a deliberate military operation. And even as India protests, more tents have come up,' said Sujit Dutta, a China specialist at the Jamia Milia Islamia university in New Delhi.
'Clearly, the Chinese are testing India to see how far they can go,' he said.
That is not China's stated view.
Activists of the right-winged student's organization Akhila Bharatiya Vidya Parishad (ABVP) burn an effigy representing China. China denies any incursion, but Indian officials say that for two weeks, the soldiers have refused to move back over the so-called Line of Actual Control
'China strictly complies with the treaty and documents on maintaining peace and stability in the border region between India and China,' Chinese Foreign Ministry spokeswoman Hua Chunying said last week.
'The Chinese patrol troops did not go across the Line of Actual Control, not by even one step," she said.
Read more: http://www.dailymail.co.uk/news/article-2318389/Two-Chinese-incursion-leaves-India-verge-crises.html#ixzz2SAnmktuu
India says Chinese troops set up a camp on its side of the ill-defined frontier in Ladakh region in the middle of April.
The platoon of Chinese soldiers slipped across the boundary into India in the middle of the night, according to Indian officials.
Activists of India's right-wing Shiv Sena, shout anti-China slogans and burn a Chinese flag during a protest against an alleged Chinese incursion. India says Chinese troops set up a camp on its side of the ill-defined frontier in Ladakh region
The platoon of Chinese soldiers slipped across the boundary into India in the middle of the night, according to Indian officials
They were ferried across the bitterly cold moonscape in Chinese army vehicles, then got out to traverse a dry creek bed with a helicopter hovering overhead for protection.
They finally reached their destination and pitched a tent in the barren Depsang Valley in the Ladakh region, a symbolic claim of sovereignty deep inside Indian-held territory.
So stealthy was the operation that India did not discover the incursion until a day later, Indian officials said.
China denies any incursion, but Indian officials say that for two weeks, the soldiers have refused to move back over the so-called Line of Actual Control that divides Indian-ruled territory from Chinese-run land, leaving the government on the verge of a crisis with its powerful northeastern neighbor.
Indian officials fear that if they react with force, the face-off could escalate into a battle with the feared People's Liberation Army. But doing nothing would leave a Chinese outpost deep in territory India has ruled since independence.
'If they have come 19 kilometres into India, it is not a minor LAC violation. It is a deliberate military operation. And even as India protests, more tents have come up,' said Sujit Dutta, a China specialist at the Jamia Milia Islamia university in New Delhi.
'Clearly, the Chinese are testing India to see how far they can go,' he said.
That is not China's stated view.
Activists of the right-winged student's organization Akhila Bharatiya Vidya Parishad (ABVP) burn an effigy representing China. China denies any incursion, but Indian officials say that for two weeks, the soldiers have refused to move back over the so-called Line of Actual Control
'China strictly complies with the treaty and documents on maintaining peace and stability in the border region between India and China,' Chinese Foreign Ministry spokeswoman Hua Chunying said last week.
'The Chinese patrol troops did not go across the Line of Actual Control, not by even one step," she said.
Read more: http://www.dailymail.co.uk/news/article-2318389/Two-Chinese-incursion-leaves-India-verge-crises.html#ixzz2SAnmktuu
Support for sharia law is growing
Washington - A majority of Muslims around the world want sharia law to be implemented in their countries but are split on how it should be applied, according to a study released on Tuesday.
The comprehensive Pew Research Centre survey conducted between 2008 and 2012 focused on 38 000 people in 39 countries drawn from a global Muslim community of 2.2 billion people.
A solid majority, notably in Asia, Africa and the Middle East, were in favour of sharia - traditional Islamic law - being adopted as “the law of the land” in their countries, it found.
“But I would also note that support for making sharia law does vary,” said Jim Bell, Pew's director of international survey research.
From 12 percent in Turkey, support for sharia as official national law stood at 56 percent in Tunisia, 71 percent in Nigeria, 72 percent in Indonesia, 74 percent in Egypt and 99 percent in Afghanistan.
But Princeton University professor Amaney Jamal, a special adviser to the Washington-based Pew Research Centre, emphasised there is no one common understanding of sharia among all the world's Muslims.
“Sharia has different meanings, definitions and understandings, based on the actual experiences of countries with or without sharia,” she said in a conference call with reporters analysing the findings.
Titled “The World's Muslims: Religion, Politics and Society”, the study also revealed many Muslims favour applying sharia in the private sphere to settle family or property disputes.
However, in most countries surveyed, there was less support for severe punishments, such as cutting off the hands of thieves or executing people who convert from Islam to another faith.
A majority of Muslims are also in favour of freedom of religion, even while backing sharia.
In Pakistan, for example, 84 percent of Muslims want sharia enshrined as official law, but 75 percent believe non-Muslims are free to follow their religion.
Around half of Muslims in the survey expressed concerns about religious extremism, particularly in Egypt, Iraq and Tunisia.
In most countries, a majority of Muslims said a wife must obey her husband, although a majority also said a woman should decide whether or not to wear a veil.
Most Muslims said they do not feel tension between their religion and modern life, prefer a democratic regime, and enjoy music or Western movies, even if such pastimes are sometimes regarded as undermining morality.
An overwhelming majority viewed prostitution, homosexuality, suicide or alcohol consumption as immoral but there are sharp differences on issues such as polygamy.
Only four percent polled in Bosnia and Herzegovina considered polygamy morally acceptable, against 87 percent in Niger.
A strong majority surveyed said so-called honour killings could never be justified. The only exceptions came in Afghanistan and Iraq, where majorities condoned executions of women deemed to have shamed their families by engaging in premarital sex or adultery.
However, substantial minorities in Bangladesh, Egypt, Afghanistan and the Palestinian territories said violence was permissible. - AFP
Russia delivered to the U.S. a list of the names of al-Qaida members among the Syrian rebels, who are receiving arms shipments by the U.S.
TEL AVIV – Russia delivered to the Obama administration a list of the names of al-Qaida members among the Syrian rebels, who are receiving arms shipments coordinated by the U.S., according to informed Middle Eastern security officials.
The list, the officials added, demonstrates the U.S. is failing to vet the rebels being supported by the West for ties to al-Qaida and other jihad groups.
The information comes amid scores of news media reports that the Obama administration is aiding the rebels, including by coordinating Arab arms shipments.
The arming of Syrian rebels is considered highly controversial. A major issue is the inclusion of jihadists, including al-Qaida, among the ranks of the Free Syrian Army and other Syrian opposition groups.
Just last week, WND broke the story that the U.S. in recent weeks aided in the transfer of shoulder-launched, anti-aircraft missiles, or man-portable air-defense systems, to the Syrian rebels, according to informed Middle Eastern security officials.
The Middle Eastern security officials speaking to WND said the latest U.S.-facilitated weapons transfers signify the most advanced deliveries yet to the Syrian rebels.
Confirming WND’s exclusive reporting for over a year, the New York Times reported in March that since early 2012, the CIA has been helping Arab governments and Turkey obtain and ship weapons to the Syrian rebels.
While the Times report claims most of the weapons shipments facilitated by the CIA began after the latest presidential election, Middle Eastern security officials speaking to WND have said U.S.-aided weapons shipments go back more than a year, escalating before the Sept. 11, 2012, attack on the U.S. facilities in Benghazi.
In fact, the Middle Eastern security officials speaking to WND since last year describe the U.S. mission in Benghazi and nearby CIA annex attacked last September as an intelligence and planning center for U.S. aid to the rebels in the Middle East, particularly those fighting the Syrian regime of Bashar al-Assad.
The aid, the sources stated, included weapons shipments and was being coordinated with Turkey, Saudi Arabia and Qatar.
Earlier this month, Reuters further reported Obama allegedly signed a secret order in 2012 authorizing U.S. agencies such as the CIA to provide support to rebel forces in Syria.
The support includes helping to run a secret military communications command center in Turkey to aid rebel groups. The Reuters article also said U.S. citizens are training rebels and possibly giving them equipment, at least since the summer.
The New York Times and Reuters both report the U.S. is working to vet the rebels for inclusion of al-Qaida, but it is not immediately known how successful the vetting has been and whether the rebels directly armed by the U.S. will share their weapons with jihadists within their ranks.
Read more at http://www.wnd.com/2013/04/russia-delivers-new-al-qaida-warning-to-u-s/#Go2HJkSVlilUv0e0.99
Navy unveils first squadron of drones
The Navy is inaugurating its first squadron with unmanned aircraft, formally adopting drone technology amid debate over its growing use in warfare.
Military officials will launch the maritime strike squadron called "Magicians" on Thursday at the Naval Air Station North Island base on Coronado, near San Diego.
The squadron will have eight manned helicopters and a still-to-be-determined number of the Fire Scout MQ-8 B, an unmanned helicopter that can fly 12 continuous hours, tracking targets.
Lt. Aaron Kakiel says the squadron will be aboard the Navy's new littoral combat ship in about a year.
He says most Navy drones now are operated by contractors overseen by military personnel.
The squadron's creation comes 100 years after the formation of the first Navy air detachment.
The Air Force has various drone squadrons.
Read more: http://www.foxnews.com/politics/2013/05/02/navy-unveils-first-squadron-drones-amid-debate/?cmpid=NL_politics#ixzz2SA2ZrDV4
This mysterious Hebrew stone reveal the messiah BEFORE Jesus
An ancient stone with mysterious Hebrew writing and featuring the archangel Gabriel is going on display in Jerusalem amid an ongoing row over whether it predicts a messiah before Jesus.
The so-called Gabriel Stone, said to have been found 13 years ago in Jordan, features an unknown prophetic text from the time of the Second Jewish Temple.
The tablet made a splash in 2008 when an Israeli scholar theorized the inscription would revolutionize the understanding of early Christianity, claiming it referenced a messianic resurrection pre-dating Jesus.
A museum worker points at the 'Gabriel Stone' , an ancient stone with mysterious Hebrew writing and featuring the archangel Gabriel is being displayed in Israel, even as scholars continue to argue about what the inscription means
The Gabriel Stone made a splash in 2008 when Israeli Bible scholar Israel Knohl offered a daring theory that the stone's faded writing would revolutionize the understanding of early Christianity, claiming it included a concept of messianic resurrection that predated Jesus.
He based his theory on one hazy line, translating it as 'in three days you shall live.'
His interpretation caused a storm in the world of Bible studies, with scholars convening at an international conference the following year to debate readings of the text, and a National Geographic documentary crew featuring his theory.
An American team of experts using high resolution scanning technologies tried - but failed - to detect more of the faded writing.
Knohl, a professor of Bible at Hebrew University in Jerusalem, eventually scaled back from his original bombshell theory but the fierce scholarly debate he sparked continued to reverberate across the academic world, bringing international attention to the stone.
Scholars say it as a portal into the religious ideas circulating in the Holy Land in the era when was Jesus was born.
Its form is also unique - it is ink written on stone, not carved - and no other such religious text has been found in the region.
Curators at the Israel Museum, where the first exhibit dedicated to the stone opened today, say it is the most important document found in the area since the discovery of the Dead Sea Scrolls.
'The Gabriel Stone is in a way a Dead Sea Scroll written on stone,' said James Snyder, director of the Israel Museum.
The writing dates to the same period, and uses the same tidy calligraphic Hebrew script, as some of the Dead Sea Scrolls, a collection of documents that include the earliest known surviving manuscripts of Hebrew Bible texts.
The Gabriel Stone made a splash in 2008 when Israeli Bible scholar Israel Knohl offered a daring theory that the stone's faded writing would revolutionize the understanding of early Christianity, claiming it included a concept of messianic resurrection that predated Jesus.
He based his theory on one hazy line, translating it as 'in three days you shall live.'
His interpretation caused a storm in the world of Bible studies, with scholars convening at an international conference the following year to debate readings of the text, and a National Geographic documentary crew featuring his theory.
An American team of experts using high resolution scanning technologies tried - but failed - to detect more of the faded writing.
Knohl, a professor of Bible at Hebrew University in Jerusalem, eventually scaled back from his original bombshell theory but the fierce scholarly debate he sparked continued to reverberate across the academic world, bringing international attention to the stone.
A museum worker looks at the 'Gabriel Stone' as it is displayed at the Israel Museum in Jerusalem
Over the last few years it went on display alongside other Bible-era antiquities in Rome, Houston and Dallas.
Bible experts are still debating the writing's meaning, largely because much of the ink has eroded in crucial spots in the passage and the tablet has two diagonal cracks the slice the text into three pieces.
Museum curators say only 40 percent of the 87 lines are legible, many of those only barely.
The interpretation of the text featured in the Israel Museum's exhibit is just one of five readings put forth by scholars.
All agree that the passage describes an apocalyptic vision of an attack on Jerusalem in which God appears with angels on chariots to save the city.
The central angelic character is Gabriel, the first angel to appear in the Hebrew Bible. 'I am Gabriel,' the writing declares.
The stone inscription is one of the oldest passages featuring the archangel, and represents an 'explosion of angels in Second Temple Judaism,' at a time of great spiritual angst for Jews in Jerusalem looking for divine connection, said Adolfo Roitman, a curator of the exhibit.
The stone inscription is one of the oldest passages featuring the archangel, and represents an 'explosion of angels in Second Temple Judaism,' at a time of great spiritual angst for Jews in Jerusalem looking for divine connection, said Adolfo Roitman, a curator of the exhibit
A Bedouin man is said to have found it in Jordan on the eastern banks of the Dead Sea around the year 2000, Knohl said.
An Israeli university professor later examined a piece of earth stuck to the stone and found a composition of minerals only found in that region of the Dead Sea.
The stone eventually made it into the hands of Ghassan Rihani, a Jordanian antiquities dealer based in Jordan and London, who in turn sold the stone to Swiss-Israeli collector David Jeselsohn in Zurich for an unspecified amount. Rihani has since died.
The Bible scholar traveled to Jordan multiple times to look for more potential stones, but was unable to find the stone's original location.
Read more: http://www.dailymail.co.uk/sciencetech/article-2317672/Controversial-Gabriel-stone-tablet-goes-Jerusalem.html#ixzz2S6xtZfKW
The so-called Gabriel Stone, said to have been found 13 years ago in Jordan, features an unknown prophetic text from the time of the Second Jewish Temple.
The tablet made a splash in 2008 when an Israeli scholar theorized the inscription would revolutionize the understanding of early Christianity, claiming it referenced a messianic resurrection pre-dating Jesus.
A museum worker points at the 'Gabriel Stone' , an ancient stone with mysterious Hebrew writing and featuring the archangel Gabriel is being displayed in Israel, even as scholars continue to argue about what the inscription means
The Gabriel Stone made a splash in 2008 when Israeli Bible scholar Israel Knohl offered a daring theory that the stone's faded writing would revolutionize the understanding of early Christianity, claiming it included a concept of messianic resurrection that predated Jesus.
He based his theory on one hazy line, translating it as 'in three days you shall live.'
His interpretation caused a storm in the world of Bible studies, with scholars convening at an international conference the following year to debate readings of the text, and a National Geographic documentary crew featuring his theory.
An American team of experts using high resolution scanning technologies tried - but failed - to detect more of the faded writing.
Knohl, a professor of Bible at Hebrew University in Jerusalem, eventually scaled back from his original bombshell theory but the fierce scholarly debate he sparked continued to reverberate across the academic world, bringing international attention to the stone.
Scholars say it as a portal into the religious ideas circulating in the Holy Land in the era when was Jesus was born.
Its form is also unique - it is ink written on stone, not carved - and no other such religious text has been found in the region.
Curators at the Israel Museum, where the first exhibit dedicated to the stone opened today, say it is the most important document found in the area since the discovery of the Dead Sea Scrolls.
'The Gabriel Stone is in a way a Dead Sea Scroll written on stone,' said James Snyder, director of the Israel Museum.
The writing dates to the same period, and uses the same tidy calligraphic Hebrew script, as some of the Dead Sea Scrolls, a collection of documents that include the earliest known surviving manuscripts of Hebrew Bible texts.
The Gabriel Stone made a splash in 2008 when Israeli Bible scholar Israel Knohl offered a daring theory that the stone's faded writing would revolutionize the understanding of early Christianity, claiming it included a concept of messianic resurrection that predated Jesus.
He based his theory on one hazy line, translating it as 'in three days you shall live.'
His interpretation caused a storm in the world of Bible studies, with scholars convening at an international conference the following year to debate readings of the text, and a National Geographic documentary crew featuring his theory.
An American team of experts using high resolution scanning technologies tried - but failed - to detect more of the faded writing.
Knohl, a professor of Bible at Hebrew University in Jerusalem, eventually scaled back from his original bombshell theory but the fierce scholarly debate he sparked continued to reverberate across the academic world, bringing international attention to the stone.
A museum worker looks at the 'Gabriel Stone' as it is displayed at the Israel Museum in Jerusalem
Over the last few years it went on display alongside other Bible-era antiquities in Rome, Houston and Dallas.
Bible experts are still debating the writing's meaning, largely because much of the ink has eroded in crucial spots in the passage and the tablet has two diagonal cracks the slice the text into three pieces.
Museum curators say only 40 percent of the 87 lines are legible, many of those only barely.
The interpretation of the text featured in the Israel Museum's exhibit is just one of five readings put forth by scholars.
All agree that the passage describes an apocalyptic vision of an attack on Jerusalem in which God appears with angels on chariots to save the city.
The central angelic character is Gabriel, the first angel to appear in the Hebrew Bible. 'I am Gabriel,' the writing declares.
The stone inscription is one of the oldest passages featuring the archangel, and represents an 'explosion of angels in Second Temple Judaism,' at a time of great spiritual angst for Jews in Jerusalem looking for divine connection, said Adolfo Roitman, a curator of the exhibit.
The stone inscription is one of the oldest passages featuring the archangel, and represents an 'explosion of angels in Second Temple Judaism,' at a time of great spiritual angst for Jews in Jerusalem looking for divine connection, said Adolfo Roitman, a curator of the exhibit
A Bedouin man is said to have found it in Jordan on the eastern banks of the Dead Sea around the year 2000, Knohl said.
An Israeli university professor later examined a piece of earth stuck to the stone and found a composition of minerals only found in that region of the Dead Sea.
The stone eventually made it into the hands of Ghassan Rihani, a Jordanian antiquities dealer based in Jordan and London, who in turn sold the stone to Swiss-Israeli collector David Jeselsohn in Zurich for an unspecified amount. Rihani has since died.
The Bible scholar traveled to Jordan multiple times to look for more potential stones, but was unable to find the stone's original location.
Read more: http://www.dailymail.co.uk/sciencetech/article-2317672/Controversial-Gabriel-stone-tablet-goes-Jerusalem.html#ixzz2S6xtZfKW
Pentagon: Christianity Is Evil & Winning The Lost Will No Longer Be Tolerated!
Religious liberty groups have grave concerns after they learned the Pentagon is vetting its guide on religious tolerance with a group that compared Christian evangelism to “rape” and advocated that military personnel who proselytize should be court martialed. The Military Religious Freedom Foundation is calling on the Air Force to enforce a regulation that they believe calls for the court martial of any service member caught proselytizing. President Mikey Weinstein and others from his organization met privately with Pentagon officials on April 23. He said U.S. troops who proselytize are guilty of sedition and treason and should be punished – by the hundreds if necessary – to stave off what he called a “tidal wave of fundamentalists.” “Someone needs to be punished for this,” Weinstein told Fox News.
“Until the Air Force or Army or Navy or Marine Corps punishes a member of the military for unconstitutional religious proselytizing and oppression, we will never have the ability to stop this horrible, horrendous, dehumanizing behavior” (preaching the Gospel).
Tony Perkins, president of the Family Research Council, told Fox News he was stunned that the Pentagon would be taking counsel and advice from the Military Religious Freedom Foundation.
“Why would military leadership be meeting with one of the most rabid atheists in America to discuss religious freedom in the military,” Perkins said. “That’s like consulting with China on how to improve human rights.”
The FRC has launched a petition drive urging Defense Sec. Chuck Hagel to protect the religious freedom of troops “and not to proceed with the purge of religion within the ranks called for by anti-Christian activists.”
Pentagon officials met with Weinstein and his group were to discuss a policy called “Air Force Culture, Air Force Standards,” published on Aug. 7, 2012.
Section 2.11 requires “government neutrality regarding religion.”
“Leaders at all levels must balance constitutional protections for an individual’s free exercise of religion or other personal beliefs and the constitutional prohibition against governmental establishment of religion,” the regulation states.
Military leaders were admonished not to use their position to “promote their personal religious beliefs to their subordinates or to extend preferential treatment for any religion.”
Weinstein said it’s time for the Air Force to enforce the regulation – with zeal.
“If a member of the military is proselytizing in a manner that violates the law, well then of course they can be prosecuted,” he said. “We would love to see hundreds of prosecutions to stop this outrage of fundamentalist religious persecution.”
He compared the act of proselytizing to rape.
“It is a version of being spiritually raped and you are being spiritually raped by fundamentalist Christian religious predators,” he told Fox News.
Tony Perkins, president of the Family Research Council, told Fox News he was stunned that the Pentagon would be taking counsel and advice from the Military Religious Freedom Foundation.
“Why would military leadership be meeting with one of the most rabid atheists in America to discuss religious freedom in the military,” Perkins said. “That’s like consulting with China on how to improve human rights.”
The FRC has launched a petition drive urging Defense Sec. Chuck Hagel to protect the religious freedom of troops “and not to proceed with the purge of religion within the ranks called for by anti-Christian activists.”
Pentagon officials met with Weinstein and his group were to discuss a policy called “Air Force Culture, Air Force Standards,” published on Aug. 7, 2012.
Section 2.11 requires “government neutrality regarding religion.”
“Leaders at all levels must balance constitutional protections for an individual’s free exercise of religion or other personal beliefs and the constitutional prohibition against governmental establishment of religion,” the regulation states.
Military leaders were admonished not to use their position to “promote their personal religious beliefs to their subordinates or to extend preferential treatment for any religion.”
Weinstein said it’s time for the Air Force to enforce the regulation – with zeal.
“If a member of the military is proselytizing in a manner that violates the law, well then of course they can be prosecuted,” he said. “We would love to see hundreds of prosecutions to stop this outrage of fundamentalist religious persecution.”
He compared the act of proselytizing to rape.
“It is a version of being spiritually raped and you are being spiritually raped by fundamentalist Christian religious predators,” he told Fox News.
The Next Great Economic Depression Has Already Started In Europe
The next Great Depression is already happening - it just hasn't reached the United States yet. Things in Europe just continue to get worse and worse, and yet most people in the United States still don't get it. All the time I have people ask me when the "economic collapse" is going to happen.
Well, for ages I have been warning that the next major wave of the ongoing economic collapse would begin in Europe, and that is exactly what is happening. In fact, both Greece and Spain already have levels of unemployment that are greater than anything the U.S. experienced during the Great Depression of the 1930s. Pay close attention to what is happening over there, because it is coming here too. You see, the truth is that Europe is a lot like the United States.
We are both drowning in unprecedented levels of debt, and we both have overleveraged banking systems that resemble a house of cards. The reason why the U.S. does not look like Europe yet is because we have thrown all caution to the wind.
The Federal Reserve is printing money as if there is no tomorrow and the U.S. government is savagely destroying the future that our children and our grandchildren were supposed to have by stealing more than 100 million dollars from them every single hour of every single day. We have gone "all in" on kicking the can down the road even though it means destroying the future of America. But the alternative scares the living daylights out of our politicians. When nations such as Greece, Spain, Portugal and Italy tried to slow down the rate at which their debts were rising, the results were absolutely devastating.
A full-blown economic depression is raging across southern Europe and it is rapidly spreading into northern Europe. Eventually it will spread to the rest of the globe as well.
The following are 20 signs that the next Great Depression has already started in Europe...
#1 The unemployment rate in France has surged to 10.6 percent, and the number of jobless claims in that country recently set a new all-time record.
#2 Unemployment in the eurozone as a whole is sitting at an all-time record of 12 percent.
#3 Two years ago, Portugal's unemployment rate was about 12 percent. Today, it is about 17 percent.
#4 The unemployment rate in Spain has set a new all-time record of 27 percent. Even during the Great Depression of the 1930s the United States never had unemployment that high.
#5 The unemployment rate among those under the age of 25 in Spain is an astounding 57.2 percent.
#6 The unemployment rate in Greece has set a new all-time record of 27.2 percent. Even during the Great Depression of the 1930s the United States never had unemployment that high.
#7 The unemployment rate among those under the age of 25 in Greece is a whopping 59.3 percent.
#8 French car sales in March were 16 percent lower than they were one year earlier.
#9 German car sales in March were 17 percent lower than they were one year earlier.
#10 In the Netherlands, consumer debt is now up to about 250 percent of available income.
#11 Industrial production in Italy has fallen by an astounding 25 percent over the past five years.
#12 The number of Spanish firms filing for bankruptcy is 45 percent higher than it was a year ago.
#13 Since 2007, the value of non-performing loans in Europe has increased by 150 percent.
#14 Bank withdrawals in Cyprus during the month of March were double what they were in February even though the banks were closed for half the month.
#15 Due to an absolutely crippling housing crash, there are approximately 3 million vacant homes in Spain today.
#16 Things have gotten so bad in Spain that entire apartment buildings are being overwhelmed by squatters...
A 285-unit apartment complex in Parla, less than half an hour’s drive from Madrid, should be an ideal target for investors seeking cheap property in Spain. Unfortunately, two thirds of the building generates zero revenue because it’s overrun by squatters.“This is happening all over the country,” said Jose Maria Fraile, the town’s mayor, who estimates only 100 apartments in the block built for the council have rental contracts, and not all of those tenants are paying either. “People lost their jobs, they can’t pay mortgages or rent so they lost their homes and this has produced a tide of squatters.”
#17 As I wrote about the other day, child hunger has become so rampant in Greece that teachers are reporting that hungry children are begging their classmates for food.
#18 The debt to GDP ratio in Italy is now up to 136 percent.
#19 25 percent of all banking assets in the UK are in banks that are leveraged at least 40 to 1.
#20 German banking giant Deutsche Bank has more than 55 trillion euros (which is more than 72 trillion dollars) of exposure to derivatives. But the GDP of Germany for an entire year is only about 2.7 trillion euros.
Yes, U.S. stocks have been doing great so far this year, but the truth is that the stock market has become completely and totally divorced from economic reality. When it does catch up with the economic fundamentals, it will probably happen very rapidly like we saw back in 2008.
Our politicians can try to kick the can down the road for as long as they can, but at some point the consequences of our foolish decisions will hunt us down and overtake us. The following is what Peter Schiff had to say about this coming crisis the other day...
"The crisis is imminent," Schiff said. "I don't think Obama is going to finish his second term without the bottom dropping out. And stock market investors are oblivious to the problems.""We're broke, Schiff added. "We owe trillions. Look at our budget deficit; look at the debt to GDP ratio, the unfunded liabilities. If we were in the Eurozone, they would kick us out."Schiff points out that the market gains experienced recently, with the Dow first topping 14,000 on its way to setting record highs, are giving investors a false sense of security."It's not that the stock market is gaining value... it's that our money is losing value. And so if you have a debased currency... a devalued currency, the price of everything goes up. Stocks are no exception," he said."The Fed knows that the U.S. economy is not recovering," he noted. "It simply is being kept from collapse by artificially low interest rates and quantitative easing. As that support goes, the economy will implode."
So please don't think that we are any different from Europe.
If the United States government started only spending the money that it brings in, we would descend into an economic depression tomorrow.
The only way that we can continue to live out the economic fantasy that we see all around us is by financially abusing our children and our grandchildren.
The U.S. economy has become a miserable junkie that is completely and totally addicted to reckless money printing and gigantic mountains of debt.
If we stop printing money and going into unprecedented amounts of debt we are finished.
If we continue printing money and going into unprecedented amounts of debt we are finished.
Either way, this is all going to end very, very badly.
Economic Collapse
Netanyahu: Conflict is Over Israel’s Existence, Not Land
The conflict between Israel and the Palestinian Authority is not over land,Prime Minister Binyamin Netanyahu said Wednesday, speaking in a meeting with senior officials in the Foreign Ministry.
The conflict, he said, is over Israel’s very existence. In proof, he pointed to the Israeli withdrawal from Gaza in 2005, which included the forced removal of thousands of Jewish residents of the area.
Israel got rocket attacks in exchange, he said.
The Palestinian Authority does not wish to recognize Israel as the national homeland of the Jewish people, he continued. However, he said, Israel remains willing to restart negotiations with no preconditions.
Netanyahu is the acting Foreign Minister until a verdict is reached in the case of Avigdor Lieberman, Netanyahu’s choice for Foreign Minister, who faces corruption charges.
PA Chairman Mahmoud Abbas has stated that the PA will not recognize Israel as the Jewish state. Abbas argues that terming Israel the Jewish state would effectively mean giving up the Arab demand that millions of descendants of Arabs who fled pre-state Israel be given the “right of return” to modern Israel.
Arutz Sheva
S.Korea to Buy Bunker-Buster Missiles from Europe
South Korea will likely buy European long-range air-to-surface cruise missiles by 2014. Launched from the air above Daejeon, the Taurus KEPD 350s could hit an underground bunker in Pyongyang with precision.
A military officer said Wednesday price negotiations with Taurus Systems, a German-Swedish joint venture, will start soon since the missile has found favor with the brass here.
The Taurus would be the first strategic weapon Seoul has imported from Europe rather than the U.S.
The only long-range missiles in the Air Force's inventory are 40-odd SLAM-ER missiles with a range of 278 km, which were made by Boeing. An Air Force officer said, "We urgently need more long-range air-to-surface missiles due to the mounting nuclear threat and the increasing possibility of provocations from North Korea."
The Taurus has a range of 500 km. Launched from South Korean airspace that is not under threat from North Korean surface-to-air missiles, they could hit strategic targets like nuclear and missile bases in the rear with precision.
The country is expected to buy about 200 of them, to be mounted on F-15K or KF-16 fighter jets.
The Taurus has a dual-stage "blast/fragmentation" and/or "penetrator" warhead capable of penetrating up to 6 m of reinforced concrete. It is very accurate: despite a range of hundreds of kilometers, it has an error rate of a mere 2 to 3 m.
Meanwhile, the U.S. Defense Department said it has deployed another Aegis destroyer, the USS Decatur, to waters near the Korean Peninsula to guard against possible North Korean provocations.
Like the USS McCain, which was dispatched here earlier, the Decatur is an Arleigh Burke-class Aegis destroyer armed with SM-3 and Tomahawk cruise missiles that can intercept incoming ballistic missiles. It arrived in the western Pacific to "perform a missile defense mission," U.S. Defense Department spokesman George Little said.
Chosun Ilbo
China Reports 19 New H7N9 Cases Over Past Week
MOSCOW, May 2 (RIA Novosti) - A total of 19 new human cases of H7N9 avian influenza were registered in China’s mainland over the past week, while another case was confirmed in Taiwan, Xinhua news agency reported on Thursday.
The agency said citing the National Health and Family Planning Commission that the total number of people infected with the new strain of bird flu since late March in the Chinese mainland climbed to 127.
The commission added that so far 26 people died from the virus, while the same number of people recovered from the disease.
The World Health Organization said earlier that there was no evidence of human-to-human transmission of the flu.
There is currently no vaccine against the virus.
RIA Novosti
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