Daily Archives: July 13, 2012

Leaked Area51 UFO Footage – 13 July 2012

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John Ward – Greek Crisis : A Potted Look At The Berlin Legacy – Does The CDU Elite Get It Yet? – 13 July 2012

Greece is preparing legal action against 10 high-ranking current and former executives of Siemens, the German electronics and engineering giant accused of bribing Greek politicians to secure state contracts, says Greek newspaper Kathimerini.

The suits are expected to be lodged in September against at least 10 German executives including Reinhard Siekaczek, who was convicted in 2008 for administrating slush funds used to win contracts, and Michael Kutschenreuter, the ex-financial head of the company’s telecoms unit who was found guilty in April of breach of trust and abetting bribery after admitting to covering up the slush funds. Continue reading

Lucas – SNS-Reaal – Dutch Bank Can Not Pay Back Bailout – 13 July 2012

The Dutch Bank  SNS- Reaal – Including insurance division  is when the water is at its lips declared a system bank  and to big to fail by other banks  swiftly.  Really?  Goldman Sachs has been asked by the bank to look for solutions. Oh yes Goldman Sachs?! The bailout loan  848  Million Euros should be paid  back full with interests next year. The bank says to be hit by the ongoing crisis and housing crisis.  The bank makes to Continue reading

Common Dreams – USDA Declares ‘Natural Disaster’ In 26 States As Drought Devastates – 13 July 2012

The US Department of Agriculture declared a natural disaster on Thursday as a widespread drought stretched over 1,016 counties in 26 states, covering over half the country. The natural disaster is said to be the largest in US history due to its breadth.

The declaration will initiate a series of emergency loans for farmers in drought stricken areas; however, Agriculture Secretary Tom Vilsack said the low-interest loans and penalty reductions are only “limited tools” for relief. Continue reading

Common Dreams – Leaked Docs Reveal ‘Off The Charts’ Damage At US Nuke Plant – 13 July 2012

San Onofre’s steam generators in worst shape of all US nuclear plants– Common Dreams staff

Problems with the steam generators and miles of tubing at the San Onofre nuclear plant are the most severe found in comparable generators in the US and much more severe than previously reported, according to a new report. Continue reading

Breaking The Illusion Of Limitation – Video – 13 July 2012

Uploaded by on 9 April 2010. Thanks Gillian!

John Ward – Geithner : Tucker Knew About Libor Scamming In 2008 – 13 july 2012

ImageWashington Post calls out Deputy BoE Governor

Tucker…pants on fire have been edited out to protect the guilty.

The Post’s lead story this morning asserts as follows:

‘While president of the Federal Reserve Bank of New York, Timothy F. Geithner pressed British regulators to reform the way a critical global benchmark called the London interbank offered rate, or Libor, is calculated, according to a June 1, 2008, e-mail obtained by The Washington Post. Writing to the head of the Bank of England, among others, Geithner made six recommendations, which included eliminating incentives that could encourage banks to manipulate the rate and establishing a “credible reporting procedure.” Continue reading