Daily Archives: December 4, 2013

Lee Harris – December 2013 Energy Forecast – Energy – The Unification Of Human And Spirit – 4 December 2013

Australia To ‘Abolish Phony Debt Ceiling’, Continue Spending-Spree – 4 December 2013

RT logoAustralia will dive further ‘Down Under’ into debt, as lawmakers reached a deal to do away with a limit. The government can now borrow as much as it wants, and will avoid a shutdown when it reaches the AU$300 billion debt limit on December 12.

Federal Treasurer Joe Hockey won over the Greens who had previously supported the Labor Party cap of AU$400 billion (about $373 billion). Earlier, the upper house blocked a motion to raise the debt ceiling to AU$500 billion.

The government must justify any increase in debt up to AU$50 billion Greens leader Christina Milne told reporters in Canberra.

“This, I think, will return some maturity to the debate around debt and get rid of what has become a phony debate every time the government has wanted to raise the debt ceiling,” Milne said Wednesday.

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

Mish/ Mike Shedlock – Government About to Destroy American Mortgages Permanently Warns Dick Bove; Mish Says Nonsense – 4 December 2013

MishMikeShedlockCiting Dick Bove, Yahoo!Finance reports Government About to Destroy American Mortgages Permanently.

Mortgages as we know them are going away in the next four years, warns Dick Bove, vice president of research at Rafferty Capital. Bove, one of the most widely-respected banking analysts in the world, is certain that will have devastating consequences for housing and the rest of the American economy. Continue reading

Ute Posegga-Rudel – Messages From The Realms Of Light – The Arcturians: Unity Consciousness And Forgiveness – 4 December 2013

Image by Ute Posegga-Rudel, Copyright 2013

Please Make a Monthly    Subscription or Donate!
VIDEO (recommended!) 

WE ARE THE ARCTURIANS! Continue reading

Goldman Reveals “Top Trade” Reco #6 For 2014: Buy US, Japanese And European Banks – 4 December 2013

ZeroHedgeIt is only fitting that on the morning in which Europe levied the largest cartel fine in history against the criminal syndicate known as “banks”, that Goldman Sachs would issue its #6 “Top Trade Recommendation” for 2014 which just happens to be, wait for it, a “long position in large-cap bank indices in the US, Europe and Japan.” Supposedly, in a reflexive back and forth that should make one’s head spin, this also includes Goldman Sachs (unless they specifically excluded FDIC-insured hedge funds, which we don’t think was the case). So is Goldman recommending… itself? Joking aside, this means Goldman is now dumping its bank exposure to muppets.

From Goldman

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

Europe Fines 8 Banks €1.7 Billion For Rate Rigging In Largest Ever Cartel Penalty In History – 4 December 2013

ZeroHedgeAnother day, another confirmation of not only manipulation by the largest TBTFs in the largest market in the world, this time focusing in Europe, but pervasive collusion. Moments ago EU regulators fined 8 banks €1.71 billion for colluding in an attempt to manipulate key benchmark rates, which is also the EU’s largest ever penalty in a cartel case. The banks participating in the settlement include some of the world’s biggest banks such as Deutsche Bank, Société Générale SA, Royal Bank of Scotland Group PLC and J.P. Morgan Chase JPM. According to WSJ calculation, this latest action brings to roughly €6 billion the total penalties levied by regulators against financial institutions in connection with probes into manipulation of the London interbank offered rate, or Libor, and other widely used financial benchmarks.

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

James Corbett – The Corbett Report – Interview 782 – James Corbett On The Higherside Chats – 4 December 2013

JamesCorbett4Link to podcast

James Corbett joins Greg Carlwood of The Higherside Chats to discuss Japanese society, Fukushima, the global balance of power, open source journalism, and much more.

www.hat4uk.wordpress.com / link to original article