Daily Archives: June 2, 2012

Andrea GLR – Conversation With An Off-Earth Angel – 2 June 2012

Hi you… excuse me, are you a human being?

Me? Well, yes, kind of I guess.

Oh Wonderful!!! I’ve been looking for some for so long! Each time I meet one, they seem not able to hear me, or see me… I thought I’d became invisible and started worring!

Well, yes, mmm… I guess you’re an Angel right?

YES!! Thank you for seeing me! Continue reading

Advertisements

Paul O’Brien And Ann Cahill – Enda Kenny – Irish Prime-Minister : “We Said Yes, Now Give Us A Debt Deal – 2 June 2012

Kenny: We said yes, now give us a debt deal

By Paul O’Brien and Ann Cahill

Saturday, June 02, 2012

Ireland should be granted a deal to lower its bank debt now that it has passed the fiscal treaty, Enda Kenny has said.

The Taoiseach insisted the yes vote would strengthen the Government’s hand in pushing the EU for pro-growth measures and a bank debt solution.

Read the whole story at: http://www.irishexaminer.com link to original article

Lucas comment:”It is said to see the people’s representative to ask for  more austerity and financial slavery for the Irish people, as a debt deal will not be less poverty but more.”

The Japan Times – Quickstep To Restarting Reactors – 2 June 2012

The union of nine local governments in Kansai — the Shiga, Osaka, Kyoto, Hyogo, Wakayama, Tokushima and Tottori prefectures plus Osaka and Sakai cities — on Wednesday softened its opposition to the restart of the Nos. 3 and 4 reactors at Kansai Electric Power Co.’s (Kepco’s) Oi nuclear power plant in Fukui Prefecture.

The union’s turnaround has removed one of the last major obstacles to the central government’s effort to bring the reactors back on line. The central government is expected to make a final decision soon on restarting the reactors.

Read the whole story at : http://www.japantimes.co.jp link to original article

Comment Lucas: ” This is absolute the true face of the government to go against their own people in restarting the nuclear reactors and go on as nothing happened.  And for sure denying all Japanese who said no to nuclear power ever again.”

 

Mish/ Mike Shedlock – Spain’s Prime Minister Begs For European Fiscal Nannyzone And Banking Union; Obama Seeks End To “Crisis Cloud”; Merkel Immediately Rejects Proposal; Cloud? What Cloud? – 2 June 2012

On Saturday, Spain’s prime minister Mariano Rajoy Asked For a Eurozone Fiscal Authority, in effect the “Fiscal Nannyzone” that I have spoken about on numerous occasions.

Spain on Saturday proposed the set up a new fiscal authority in the euro zone which would control and harmonize national budgets and manage the European debts. Continue reading

Max Igan – Surviving The Matrix Radio – When Tyranny Becomes Law, Rebellion Becomes Duty – In 4 Parts – 2 June 2012

Uploaded on 1 June 2012 by Continue reading

Jean Haines – Here Comes QE3 – 2 June 2012

Printing money is now being talked about openly in the MSM. The end may not be far behind. ~J

Sam Ro
Source: Business Insider
Jun. 2, 2012, 6:14 AM

vincent reinhart

CNBC

Vincent Reinhart

Most people agree that yesterday’s jobs report was a disaster.

To many, this just meant the chances of more quantitative easing had increased.  Surely, this is why gold prices spiked yesterday.

Vincent Reinhart, Morgan Stanley’s chief U.S. economist, thinks there’s an 80 percent chance that a new quantitative easing program is announced at the June 19-20 FOMC meeting.

“Slower employment growth, worsening strains in European markets, and a gloomier assessment of US politicians’ ability to steer clear of the impending fiscal cliff makes it likely that the Fed will mark down its already tepid forecast,” he wrote in a note to clients yesterday.

Here’s what he thinks it’ll look like:

As our base case, we assume the Fed would purchase $525 billion in 10-year duration equivalents, $475 billion in par amount. We expect the program to last nine months and remove $53 billion par amount of securities from the market each month – in line with previous programs.

chart

Morgan Stanley

Reinhart isn’t alone in making at QE call.  Bank of America’s Michelle Meyer thinks QE is inevitable.  The gold market also seems to agree that some form of monetary easing is on its way.

http://www.jhaines6.wordpress.com link to original article

 

Lisa Gawlas – The Balancing Act Of June – Walking The Right Rope – 2 June 2012

Welcome to June… I think!  If yesterday was any indication of what we are in for this month, well,  just Holy Cow Batman!!

I don’t think there is a one of us not consistently hoping the “next month” is going to be easier, gentler on our energy systems and lives.  I know I have been saying/hoping this since we headed into the 11/11/11 last year.  If what I had seen yesterday in the field is any indication of what June offers us, June is not going to be that easy month!! Continue reading