Daily Archives: November 29, 2013

Black Friday Blues: US Homeowners Face Uncertain Times – 29 November 2013

RT logoAmerican consumers are heading to the shopping malls for their traditional holiday splurge. However, many are already saddled with mortgage payments on homes that are worth less today than before the housing bubble burst in 2008. But the story gets worse. As many ‘homeowners’ (or should we say, ‘people who pay to live in homes that are owned by the banks’) are about to celebrate the 10-year anniversary of being chained to their mortgages, bankers are celebrating too as the borrower must now start paying on the principal of the loan, in addition to the interest.

Read the whole article at: www.rt.com / link to original article

Chinese Jets Shadowed US And Japanese Planes In New Air Defense Zone – 29 November 2013

RT logoChinese fighter jets were scrambled and followed US and Japanese planes that had entered the newly-proclaimed Chinese air defense zone in the disputed area of the East China Sea, Xinhua reports.

Two US surveillance aircraft and 10 Japanese F-15 jets were ‘tailed’ by Chinese pilots on Friday.

China ordered an urgent dispatch of its Su-30 and J-10 fighter jets to an area in the East China Sea after the foreign aircraft “invaded” the air defense zone, they said.

The reported intrusions came in defiance of the East China Sea Air Defense Identification Zone (ADIZ), established by Beijing last week.

China’s move has triggered outrage from several states in the region and critical rhetoric from the US, as the vast zone covers disputed areas, including the islets claimed by both China and Japan.

Read the whole article at: www.rt.com / link to original article

Gloria Wendroff – The Heaven Letters – God’s Beautifulness Thrown Across The Universe Like Corn Upon The Field – 29 November 2013

HeavenlettersGod said:

My heart’s desire is that you know your worth. You are worth a King’s ransom. You are worth the Whole Universe. You are worth everything to Me. Now, gain awareness of your worth. Be worth everything to yourself.

Beloveds, you are a unique filament of My Light. I created you from My Being. I do not say a word that is not true, yet, you are not true to yourself.

You may not see yourself as worthless, yet you hardly see yourself worthwhile to the extent I see you and that you are. In life, you may take erroneous turns to convince yourself that you are worth something after all. Continue reading

Mish/ Mike Shedlock – 25% Of Spanish Would Consider Leaving Spain For Economic Reasons; But Where Would They Go? – 29 November 2013

MishMikeShedlockThe employment and pay situation in Spain is so bad that 33% struggle to pay their bills. More importantly, 25% would consider leaving the country for better opportunities.

Via translation from La Vanguardia, please consider One in three Spaniards have no money after paying their bills. Continue reading

Mish/ Mike Shedlock – War Between Spain and Germany Erupts Over Next Round of Watered Down Stress Tests; Germany Complains About the “Carry Trade” – 29 November 2013

MishMikeShedlockOn October 23, ECB president Mario Draghi announced new bank stress tests. At the time, I offered a “Draghize” Translation. Here is a small snip.

Translating Draghize

For those of you who do not speak Draghize I offer these translations.

Draghize: “Banks do need to fail to prove the credibility of the exercise”.
Mish: We are carefully scrutinizing several non-critical banks, looking for a couple of scapegoats, hoping to fool the public regarding the credibility of the exercise. Continue reading

Phys.org – Wathdog: Google Breaching Dutch Privacy Law – 29 November 2013


A privacy watchdog said Thursday that Google has been breaching Dutch law on personal data protection since it introduced a new privacy policy last year.

Jacob Kohnstamm, chairman of the College for the Protection of Personal Data, said that Google’s combining of data from different services, including surfing multiple websites, to tailor ads and personalize services like YouTube “spins an invisible web of our personal information, without our permission, and that is outlawed.”

Read the whole article at: www.phys.org/ link to original article

Australia Blocks A.D.M. Bid For GrainCorp – 29 November 2013



HONG KONG — The Australian government rejected on Friday a $2.7 billion takeover bid for GrainCorp by Archer Daniels Midland, the American agribusiness giant, saying that the deal was against the national interest.

Read the whole article at: www.dealbook.nytimes.com/ link to original article

Daniella Breen – Ascending: From The Depths To The Heights – 29 November 2013

Uploaded on 28 November 2013 by Daniella Breen Here I share with you the latest on my rapid ascension journey. I talk about some of the Masters who are supporting me and overseeing this process.  Here’s Me: Daniella Breen

John Ward – Euroblown Breaking: Writing On The Wall As Troika, ECB Split On Greece, And Spanish Bank Lending Collapses – 29 November 2013


For some time now, The Slog has been pointing out the inevitability of Greek default next Spring unless there is a change in the stony-faced attitude of Brussels-am-Berlin. A week ago, a Merrill Lynch note at last started debating the ‘inconvenient truth about Greece’. Now it transpires that secret negotiations between Athens and the Troika are under way about the promised then unpromised debt relief, and whether a further bailout of banks will be possible. Continue reading

Ron Head – Giving Thanks For What One Has Is Always A Sure Way To Raise One’s Energy – 29 November 2013


For those of you who are celebrating the holiday known to you as Thanksgiving, we wish you a joyous day of holding gratitude for the abundance in your lives.  For most of those in other countries, this is, of course, not a holiday.  We offer that perhaps a thought or two along these lines may be appropriate for you, as well.  Giving thanks for what one has is always a sure way to raise one’s energy. Continue reading