28 Jan 2016

Who Gets To Pay For The Italian Banking Crisis?

By Don Quijones: Six years after Europe’s sovereign debt crisis began, the Eurozone’s third largest economy, Italy, has finally decided to do what just about every other country has done when facing a full-blown, almost out-of-control banking crisis: to set up a bad bank to hide its worst debt.
It was only a matter of time: in the last six years, Europe’s economies have been drowning in an ever-expanding vitrine of bad debt — and none more so than Italy, where non-performing loans have soared to more than 350 billion euros, a fourfold increase since the end of 2008. At 18%, Italy’s ratio of nonperforming loans is more than four times the European average (and Europe’s banks are in worse shape than America’s). It’s the equivalent of 21% of GDP in a country that boasts Europe’s second highest public debt-to-GDP ratio (130%), just behind Greece, and where the banks hold over 70% of the country’s debt.
To make matters even worse, if Brussels gets its way, Italy’s government will not be able to dip into future taxpayer funds to stop its debt-laden banks from dropping like flies. European law no longer allows that sort of thing.

Sanctions - Moscow

Max Keiser and Stacy Herbert are joined by Ben Aris of BNE.eu to discuss the latest from the Russian economy as it confronts a falling ruble, trade wars and self-imposed sanctions. They look on the bright side of these sanctions which has seen a renaissance in the Russian food scene and they examine accusations from a leading British commentator that Russia can never develop a Google . . . uh, despite having a Yandex, the biggest tech company in Europe. They also look at asset stripping banks in Russia to buy property in London and the reserve fund being used for precisely what it was accumulated to do.

Feminist Terminology 1: Gender

"We know that the university is the key arena of indoctrination of our youth today who then make careers in journalism, law, politics, business, policing, social work, media, civil service and the judiciary, where they carry utopian ideology and the immunity to logic into all the main facets of our society with pernicious effect." Professor Fiamengo discusses the first of five pernicious feminist terms: Gender

Man Defends Genital Integrity Of Five Sons

Every year in early spring intactivists converge on Washington DC for Genital Integrity Awareness Week. Busloads of students and tourists see and talk with intactivists. After seeing members of the Bloodstained Men and Their Friends protesting, a man on the street, Johnny Love shared his thoughts.

It’s Dangerous And Wrong To Tell All Children They’re ‘Gender Fluid’

'What started as a baffling skirmish on the wilder shores of victim culture has now turned into something more menacing'
By : Once upon a time, ‘binary’ was a mathematical term. Now it is an insult on a par with ‘racist’, ‘sexist’ or ‘homophobic’, to be deployed as a weapon in our culture wars. The enemy on this particular battleground is anyone who maintains that there are men and there are women, and that the difference between them is fundamental.
This ‘binary’ distinction is accepted as a given by the vast majority of the human race. No matter. It is now being categorised as a form of bigotry. Utterly bizarre? Scoff at your peril. It’s fast becoming an enforceable orthodoxy, with children and young people particularly in the frame for attitude reassignment.
Many didn’t know whether to be amused or bemused when the feminist ideologue Germaine Greer was attacked by other progressives for claiming that transgender men who became women after medical treatment were still men. What started as a baffling skirmish on the wilder shores of victim culture has now turned into something more menacing.
The Commons Women and Equalities Select Committee has produced a report saying transgender people are being failed.

Biological Determinism And Dogma

CS MGTOW: "What we are now seeing creep in to the main stream of popular science is a set of beliefs about the genders that is often unsupported by the available evidence and in many situations actually contradicted by evidence and real life observations when one studies both men and women closely.

These People Receive 300 Free Marijuana Joints From The US Government Each Month

By Lou Colagiovanni (ANTIMEDIA): Marijuana may be illegal in many parts of the United States, but that isn’t stopping a small group of citizens from receiving free marijuana for life from the U.S. government.
How is this possible? In 1978, under President Jimmy Carter, the U.S. began a program called the Compassionate Investigational New Drug Program. To be eligible for the program, one had to have had a serious, chronic health ailment. Those who qualified received marijuana from the U.S. government for life. The Compassionate Investigational New Drug Program came to an end in 1992 under President George H. W. Bush, but those who were enrolled before the program’s termination were grandfathered in, and as a result, are still receiving free marijuana.
At this time, only four Americans are still participating in the program. Barbara Douglas receives nine free ounces of marijuana per month to treat her Multiple Sclerosis. She has been enrolled since 1991. George McMahon receives eight free ounces of marijuana every month to treat his Nail-patella syndrome and has been enrolled since 1990. To treat glaucoma, Elvy Musikka has been receiving eight free ounces a month since 1988. Irvin Rosenfeld receives nine free ounces of marijuana per month to treat a rare bone disorder. He has been receiving marijuana since 1982.

Cameron, The Holo-Hoax And Forgetfulness

By Gilad Atzmon: The Jewish Chronicle reported today that David Cameron has marked holocaust Memorial Day by announcing that a new national shoah memorial will be built next to the Parliament.
For a second, I was delighted. I thought that at last our PM had decided to commemorate some of the holocausts the Empire inflicted on millions of innocent people around the globe. The Brits, I thought, should remember the Balfour Declaration and the disaster it forced on the Palestinian people. The holocaust memorial could allocate some space to commemorate the suffering of Indians whose country was divided by the late Empire with tragic consequences.  Such a memorial could also serve as a sincere apology for the criminal war we launched against Iraq: this war with no end in sight that has cost the lives of many millions of innocent civilians. And what about the indiscriminate murder of hundreds of thousands of German civilians in an orchestrated air raid campaign to wipe out German cities? Shouldn’t Britain commemorate this holocaust once and for all? 
Of course, I was totally wrong. Cameron had no intention of commemorating British wrongdoing. Instead, once again, it was the primacy of Jewish suffering to which our PM subscribed.

I Male Whore

By Smedley Butler: Hi, I'm a whore. I was born into this world whole, and the day after I was born my genitals were mutilated and I lost the first piece of myself... my cries and screams were ignored as I bled. My first experience in this world was pain... so I learned early how to push it down and ignore it like I was taught men are "supposed" to do. I was told that I have to initiate every romantic encounter, and that a woman will not ask me out, so I gathered my confidence and had to face potential rejection time and time again from "sluts" who are unaware that men have feelings too in the slim hope that one of them might be gracious enough to make me pay for their food and time by taking them out on a date... I was told I needed to be strong and brave, so I joined the Marines.... I made myself a whore, and I left more of my body parts in Iraq, like a man is "supposed" to do. I was told that I need to be a protector, I was told that a woman desires a "real man".... I am forever cursed with the burden of heavy lifting, or dealing with the intruder in the kitchen. I only became what I was told I should be.... Now my aggression that has protected you is considered to be unstable, My braveness that inspired you has become insanity. When I assert myself, I become a monster, a violator of freewill, and a gear in the patriarchal cog.

At 5'11'' and 150lbs, I am constantly reminded that I am skinny and small, and therefore weak.... the word that all men have been trained to fear.... My tears are considered weak... my feelings are disregarded.... My honor rendered moot. "Sluts" with large vaginal openings feel the need to remind me how much penis size matters, while failing to realize that sex is a puzzle with TWO pieces, not one.

Putin Calls Out Obama's Big Lie - Why Doesn't Anyone Else?

By Eric Zuesse: Russian President Vladimir Putin said that in an interview (part 1 and part 2) with Germany’s Das Bild, published on January 11th, but the press has ignored this very serious charge – an accusation of deception, bad faith, outright lying, on the part of the US President.
Here is the historical record:
On 17 September 2009, the White House issued «Remarks by the President on Strengthening Missile Defense in Europe». He said there: «This new ballistic missile defense program will best address the threat posed by Iran's ongoing ballistic missile defense program… Our clear and consistent focus has been the threat posed by Iran's ballistic missile program, and that continues to be our focus and the basis of the program that we're announcing today».
All the rest of Putin’s account is likewise entirely accurate.
US President Barack Obama lied, about a very important matter. The people calling him out on it should be more than just the Russian President. This is an issue – World War III – that affects the entire world.
There is no issue that’s more serious than this. But, where is the press on it?
Only one English-language site carried Bild’s English-language translation – the rabidly anti-Russian Business Insider, which was founded by the Wall Street fraudster, Henry Blodget.