Today a San Diego jury acquitted 40 year old Jeff Olson on 13 counts of vandalism and he was also facing a 13-thousand dollars fine. It took the jury less than five hours to arrive at their decison. It's the case of a San Diego, California artist who was prosecuted for vandalism, after writing anti-Bank messages on public side walks, using chalk. Olson's anti-bank messages included one that read: "No Thanks, Big Banks" and another that read: "Shame on Bank of America." Over the weekend, in a protest dubbed "Chalk-U-Pie" dozens of supporters drew their own colorful messages in chalk, including the phrase "This is NOT vandalism!". At the end of the ordeal, Olson said he was relieved it was all over.
Asian stocks have fallen after fears about a global economic slowdown were fanned by weak US data.
South Korea's Kospi dropped 6.2%, Japan's Nikkei 225 fell 2.5% and Australia's ASX shed 3.5%.
Investors are worried global growth is slowing more than first thought, and are concerned that major economies are heading back into recession.
The falls follow steep losses in the US and Europe on Thursday, and mark a week of stock market declines.
Concerns over growth and debt have been building over recent weeks and financial markets have been seeing extreme volatility.
Many analysts are questioning if a bear market - one in which the long term trend is negative - has now developed and is here to stay.
"Bear markets tend to happen when sentiments are low and that comes from weakened demand and bad news flow," Chou Chong of Aberdeen Asset Management told the BBC.
"The Western regions are having to face a period of lower growth and dampened demand. That is putting pressure on market sentiment." he added.
A number of industry heavyweights such as computer firm Dell have cut their earnings outlooks in recent days. At the same time, investment banks including Morgan Stanley have been revisiting their growth forecasts for this year.
On Thursday, Morgan Stanley said that the US and Europe were "dangerously close to recession", despite efforts by policymakers to boost growth and calm markets.
"Investors fear that policymakers no longer have the tools to avoid a recession," Frederic Neumann at HSBC in Hong Kong told the BBC's Asia Business Report.
What sparked the sell-off in stocks was Thursday's release of data on the US economy.
Manufacturing activity in the US's mid-Atlantic region slumped to its lowest level since March 2009, according to data from the Philadelphia Federal Reserve Bank, which is seen as an early indicator of the state of manufacturing nationally.
At the same time, sales in the US housing market fell unexpectedly and unemployment claims rose sharply.
The numbers weighed on sentiment in both the US and Europe.
"The issue now is there is building evidence that the economies themselves are weakening," Mr Neuman said.
"We are shifting from a policy risk concern to a realisation that the economies are not as strong as we believed and that is something that the investors have only begun to wake up to right now."
Mr Chong of Aberdeen Asset Management warned that given the uncertainty surrounding the health of the developed economies, markets were likely to remain volatile.
"Until we do see the US and Europe find a long-term sustainable solution to their growth and debt problems, markets will react to any near-term noises," he said.
The Dow Jones index closed down 3.7% while European indexes lost between 4% and 6%.
George Galloway speaks to economist Jonathan Davis on the shakey world economy. A very lively conversation, Davis claims that Japan is in recession for 20 years amongst other things. He has claimed there are no savage cuts to the public sector. Davis supports hiking up the interest rates of borrowing set by the Bank of England.
Marc Faber, author of the "Gloom Boom & Doom Report," is as bearish as ever.
"People with assets are all doomed, because prices are grossly inflated globally for stocks, bonds, and collectibles
," says the investment advisor in a new interview published in this week's Barron's.I thought the U.S. market would have a 20% correction last fall, but it didn't happen. I also said the market might explode to the upside before the correction occurred. We might be in the final acceleration phase now. The Standard & Poor's 500 is at 1650. It could rally to 1750 or even 2000 in the next month or two before collapsing.I own equities, and I should thank Mr. Bernanke. The Fed has been flooding the system with money.
Michael Rivero is the webmaster of http://whatreallyhappened.com/ and host of the What Really Happened radio shows on the Republic Broadcasting Network. Formerly with NASA, Michael transitioned his image processing skills (along with a brief stint as an actor) into the then-new motion picture computer animation field and has worked on films such as "Star Trek", "The Day After Tomorrow", and has supervised visual effects on "Brainscan," "LOST", and "Hawaii Five-0." Michael has taken a sabbatical from film work to focus all his efforts on peace activism. Michaels foray into blogging began before the word was even invented, and happened almost by accident when he spotted a suspicious photograph being broadcast on ABC news in 1994 related to the death of White House deputy Council Vincent Foster. Since that sudden beginning, Michaels website has expanded to cover diverse topics including the JFK assassination, the accidental shoot-down of TWA 800, election fraud, health issues, Saddams non-existent nuclear weapons, 9-11, the economy, and of course, the lies used to trick the United States into wars of conquest on Afghanistan, Iraq, and now Iran. Michael resides in Hawaii with his wife Claire, who is a composer and creates much of theme music used on the What Really Happened radio show.
Obama's Hot New Idea to Save Africa: Less Free Trade, More Child Labor
Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.
Peter David Schiff (born March 23, 1963) is an American economist, author, commentator and popular video blogger. Schiff, a licensed stock broker, is the president of Euro Pacific Capital, headquartered in Westport, Connecticut
America is facing a higher education bubble. Like the housing bubble, it is the product of cheap credit coupled with popular expectations of ever-increasing returns on investment, and as with housing prices, the cheap credit has caused college tuitions to vastly outpace inflation and family incomes. Now this bubble is bursting.
"She should be demonized just as much as Paula Deen." ... From the 6/28/13 edition of "The Glenn Beck Program"
In both developed economies and major emerging markets, there is a growing trend of concentration of wealth at the top percentile, while in the West a stagnant middle class places growing demands on a burgeoning welfare state. Is this becoming a threat to future growth and is it straining the political fabric of capitalist societies? What can and should be done to meet social demands, without sacrificing growth? RT's programs presenter Peter Lavelle is joined by Ronnie Goldberg, Olga Golodets, Angel Gurria, Vladimir Mau, Hans-Joerg Rudloff, Armen Sarkissian, and Andy Xie. In co-operation with the Saint Petersburg International Economic Forum.
Egypt's protest movement has given the president an ultimatum to step down by Tuesday or face a mass rebellion. Some 20 million outraged citizens have flooded cities across the nation in a show of frustration at Mohamed Morsi's failure to keep the promises he made when he came to power a year ago. At least 7 people have been killed and more than 600 injured during the rallies so far
Monday: The Alex Jones Show. Herbalist Greg Caton Details His Kidnapping By His Own Government. Plus, The Global Modifications of The NSA's High Tech Surveillance Grid with Investigative Journalist Wayne Madsen:
Mike Adams sits in for Alex at the Austin, Texas command center on the Monday, July 1 edition of the Alex Jones Show. Mike talks with former NSA consultant Wayne Madsen about the NSA's high-tech Stasi surveillance grid and Edward Snowden, the NSA analyst on the run and who may be granted asylum in Ecuador. Mike also talks with Greg Caton, the American businessman, inventor, manufacturer of herbal products who was kidnapped from Ecuador to face trumped up charges by the FDA. Mike also takes your calls and covers the latest breaking news.
July 1, 2013: Today Michelle Malkin and Megyn Kelly were discussing Alec Baldwin's latest hate-speech-freakout on twitter and the hypocrisy of the left in eagerly welcoming him back after he apologized, excusing it by saying that it had a lot to do with his charitable givings. But Megyn Kelly mentioned Rush Limbaugh and the millions upon millions he has given to charity and how it never helps him.
After hearing it Rush said this is the first time his charitable giving has ever been mentioned in the media and he thanked both Megyn Kelly and Michelle Malkin for mentioning it.
World and U.S. Economy forecast for 2013 - 2014 by Astrology and prophecies of Nostradamus and the Bible's Book of Revelation. Economic collapse of Europe in 2013? The third horseman of the Apocalypse ride? Predictions on European economy in 2013. Will it collapse soon? Economic Predictions for 2013, Bible prophecies of the book of Revelation. World and U.S. economy and stock market forecast. Will the Four Horsemen of the Apocalypse (The Antichrist, War, Economic Chaos, and Death) ride? How will the Europe and world economy do?
Survivalism expert Jim Rawles discussed what we can do to prepare for disasters and catastrophes, particularly in the case of the power grid being knocked out. The greatest threat we face is from socioeconomic collapse, which could be triggered by mass inflation, leading to the dollar becoming worthless, he said. While the US has had local and regional disasters, we've never had a national event, such as an EMP attack or huge solar storm that would take down the entire grid. People need to be prepared and learn self-sufficiency in the event of such an outcome, he advised, adding that if there's severe damage to the power grid it could take years to restore service.
One of the most important things for preparation is a water filtration system-- "If you don't have water within 24 hours, you're going to be a refugee," he said. People in northern climates also have to consider heating issues, such as having a working fireplace and expedition-quality sleeping bags. He recommended that people have up to a three-year supply of food-- one year for themselves, and the rest to give to charity. Interestingly, he also suggested stockpiling nickels. In contrast to other current coins, the 5 cent pieces are made from copper and nickel, and may at some point in the future have some utility for barter, he said.
Low cost training options (such as through the Red Cross) can put you and your family ahead in your chance for survival, as well as joining local volunteer Fire Departments or ham radio clubs, where you can learn about the community and make important contacts, he continued. Rawles also suggested making a 'List of Lists': separate sheets of paper with various headings such as Food, Medicine, Self-Defense, and Communication; each page would have a list of topics they need to address for self-sufficiency.
Jim Rawles has been an enthusiastic survivalist since his teenage years. He is now a survivalist author and lecturer and the editor of www.SurvivalBlog.com. He is a former U.S. Army intelligence officer who held a Top Secret security clearance (with Special Background Investigation) and access to Sensitive Compartmented Information (SCI).
Survivalism is approached by its adherents in different ways, depending on their circumstances, mindsets, and particular concerns for the future. The following are characterizations, although most (if not all) survivalists fit into more than one category:
Safety Preparedness Oriented
Learns principles and techniques needed for surviving life-threatening situations that can occur at any time place. Makes preparations for such calamities as structure fires, dog attacks, physical confrontations, snake bites, lightning strikes, car breakdowns, Third World travel problems, bear encounters, flash floods, home invasions and train wrecks.
Wilderness Survival Emphasis
Astronaut Susan J. Helms gathers firewood during winter survival training.
Stresses being able to stay alive for indefinite periods in life-threatening wilderness scenarios, including plane crashes, shipwrecks, and being lost in the woods. Concerns are: thirst, hunger, climate, terrain, health, stress, and fear. Prepares with: knowledge, training and practice. Survival kit often includes: water purifiers, shelter, fire starters, clothing, food, medical supplies, navigation, signaling gear, and a heavy-duty survival knife.
Concerned with surviving brief encounters of violent activity. Focus is on personal protection and its legal ramifications, danger awareness, John Boyd's cycle (also known as the OODA loop—observe, orient, decide and act), martial arts, self-defense tactics and tools (both lethal and non-lethal).
Natural Disaster, Brief
Lives in tornado, hurricane, flood, wildfire, earthquake or heavy snowfall areas and wants to be prepared for the inevitable. Invests in material for fortifying structures and tools for rebuilding and constructing temporary shelters. May have a custom built shelter, food, water, medicine, and enough supplies to get by until contact with the rest of the world resumes.
Natural Disaster, Indefinite/Multi-Generational
Artistic depiction of a cataclysmic meteor impact
Possible scenarios include: global warming, global cooling, environmental degradation, warming or cooling of gulf stream waters, or a period of severely cold winters caused by a supervolcano, an asteroid strike, or large scale nuclear proliferation.
Concerned with the spread of fatal diseases, biological agents, and nerve gases. Examples: Swine flu, E. coli 0157, botulism, Dengue Fever, Creutzfeldt-Jakob disease, SARS, rabies, Hantavirus, anthrax, Plague, cholera, HIV, Ebola, Marburg virus, Lhasa virus, sarin, and VX. Might own NBC (nuclear, biological and chemical) full-face respirators, polyethylene coveralls, PVC boots, Nitrile gloves, plastic sheeting and duct tape.
When Disaster Strikes: A Comprehensive Guide for Emergency Planning and Crisis Survival Matthew Stein
They tied Gold and silver to the market , normally under true levels when the market goes up commodities like Gold and silver go down , but , under this system sometimes the market go up and gold goes up with it , when they sell SLV ETF's and GLD ETF's between banks at super low rates it dumps the physical Gold and silver values
The banks are scamming. They offer to store gold for people and give loans but the gold is never there. This trick is 2,000 years old. The first banks (from latin, meaning benches, i.e. bankrupt meant they broke the bench they sold IOUs at and ran off with everyone's money). It's a ponzi scheme. There's a reason Germany can't get their gold back from the Fed for a decade and even then only get a tiny portion. I paid a HEAVY price for betting on gold. Stupid me thinking people were waking up.
The Dodd-Frank financial reform law came into effect in 2007 in response to the financial crisis- it required safeguards for investors to cover losses on their derivatives trades. But what if investors found another, risky, way around that? That's what's happening now. Is it time to start the financial armageddon clock? Cenk Uygur breaks it down.
Welcome — Mark Thornton
"The Life and Works of Ludwig von Mises" — Daniel Sanchez
"From the Art of War to the Science of Economics" — Matthew McCaffrey
"World Currency War" — Mark Thornton
Question and Answer Period
Sen. Rand Paul (R-KY) may have voted against the Senate's "Gang of Eight" immigration reform bill last week, but he seemingly does not count himself among the conservative critics of the bill who oppose any and all forms of "amnesty" for illegal immigrants currently living inside the United States. In an interview with WNDtv, Sen. Paul took on the critics of so-called "amnesty" who oppose efforts to "normalize" illegal immigrants and absorb them into the United States. "Let's get them work visas, let's normalize them, let's make them taxpayers," he said of the 11 million undocumented immigrants currently residing within the states.
"They're not going home," Paul said, adding that even the most vocal opponents of so-called "amnesty" seem to recognize this fact. "Are they for sending these people home? Do they want us to put them in concentration camps, on buses, and send them back home? I don't think anyone's proposing that."
Paul also addressed the common anti-immigration belief that undocumented workers "steal" low-paying jobs from America's labor pool. "I haven't met any farmers who say Americans will pick crops," he said.
July 1, 2013 - Michelle Malkin on 'Media Double Standard' on Alec Baldwin's Crazy Twitter Rant - America Live w/ Megyn Kelly
Stefan Molyneux talks to the second caller on the 6/30 Freedomain Radio Sunday Show about convincing others to end their political involvement.
Freedomain Radio is 100% funded by viewers like you. Please support the show by signing up for a monthly subscription or making a one time donation at: http://www.fdrurl.com/donate
Alan Mark Grayson is the United States Representative for Florida's 9th congressional district and a member of the Democratic Party. He previously served as Representative for Florida's 8th congressional district from 2009 to 2011.
Grayson made it a priority to increase the amount of federal money returning to his district. He often said that people in his district had been "exporting taxes and importing debt." During his first year in office, the amount of federal grant dollars returning to the district nearly doubled with a 98% increase.Grayson established a grant notification system that notifies subscribers immediately when a federal grant opportunity in their areas of interest becomes available. He also hired a full-time grants coordinator who focused solely on helping people navigate the federal grants process.
Grayson supported the American Recovery and Reinvestment Act of 2009 and has been outspoken in favor of extending unemployment benefits for Americans who have lost their jobs. Grayson argues that the government has never cut off unemployment insurance when the unemployment rate was higher than eight percent. Grayson also voted for FDA Oversight of Tobacco Products, which gives the FDA power to regulate tobacco products.
Grayson has worked to combat federal waste, fraud, and abuse. In the September 6, 2009 edition of The New York Times, columnist Gretchen Morgenson thanked Grayson for uncovering the fact that, due to the federal bailout of mortgage finance giant Fannie Mae, taxpayer money had been funding the legal defense fees for former top executives at the institution. Grayson requested information about these legal costs after a June 2009 hearing of the House Financial Services Committee. Grayson's work uncovered that, between September 6, 2008 and July 21, 2009,taxpayers spent $6.3 million defending Fannie Mae executives Franklin Raines, J. Timothy Howard, and Leanne Spencer. Taxpayers paid an additional $16.8 million to cover legal expenses of workers at the Office of Federal Housing Enterprise Oversight, Fannie's former regulator.
In September 2009, Grayson used a parliamentary maneuver called an “extension of remarks” to provide crucial instruction on H.R. 3221, the Student Aid and Fiscal Responsibility Act of 2009, a bill that, among other things, included a provision that prohibited funding for ACORN (the Association of Community Organizations for Reform Now). Grayson's extension of remarks directed that the legislation defund any organization that cheats the federal government, not just ACORN. The defunding measure passed the House with a final vote of 253–171. Grayson also encouraged the public to report companies covered by the bill and set up a method to report offending companies via his Congressional website Wikipedia
Fox news reports...http://www.foxnews.com/politics/2013/...
Edward Snowden reportedly is seeking asylum in Russia, as the NSA leaker faces diminishing options for getting out of the Moscow airport where he is believed to be staying.
The Interfax news agency cited Kim Shevchenko, the duty officer at the Russian Foreign Ministry's consular office in Moscow's Sheremetyevo airport, as saying that Snowden's representative, Sarah Harrison, handed over his request for political asylum on Sunday.
The confirmation, though, comes after Russia's President Vladimir Putin publicly issued a condition for any asylum request from Snowden -- he must stop leaking America's secrets.
In this edition of the show: Roland Dumas says Britain had been planning a war against Syria some two years before to the unrest broke out in the Arab country; The similarities between Britain's Iraq invasion and planning to invade Syria.
Monarchy: As part of her 'Birthday Honours List,' the British Queen will recognize Professor David Newman of Ben-Gurion University for advocating academic partnership between countries and opposing the UK academic boycott of Israel!! A clear contradictory move against majority of British academics attitude.
Monarchy 2: While the British main stream media hype about queen's 60 coronation anniversary honours list has reached its peak a secret list of 300 top people who have snubbed the honours system by refusing knighthoods and other awards has been released.
July 1, 2013 - CNN's Robyn Curnow caught up with former President George W. Bush and First Lady Laura Bush in Zambia for an interview that mostly centered on the work they are doing there at a clinic for cervical cancer. But the reporter "couldn't help" but ask Bush about his reaction to the NSA leaks from Edward Snowden. Her first question: "Do you think he's a traitor?"
Without directly labeling Snowden a "traitor," Bush answered, "I know he damaged the the country," adding "the Obama administration will deal with it." The former president also defended the NSA surveillance programs he put in place following the attacks of September 11th, 2001. "I put the program in place to protect the country and one of the certainties is civil liberties were guaranteed," Bush said.
Asked whether there is any "compromise" between security and privacy, Bush said, "I think there needs to be a balance, and I think as the president explained, there's a proper balance." Curnow noted Bush's reluctance to criticize President Obama, something that his former vice president has not shied away from. "It doesn't do any good" to critique Obama, Bush said. "It's a hard job. He's got plenty on his agenda. And it's difficult. And a former president doesn't need to make it harder."
Bush also said he "could care less" about polls showing more people have a favorable view of him since he left office, saying the "only time" he "really cared" about polls was on Election Day. "Ultimately history will judge the decisions that I made and I won't be around because it will take a while for the objective historians to show up. And so I'm pretty comfort with it. I did what I did. I know the spirit in which I did it."
The Economy isn't going to recover. The government knows this and is getting ready, but in ways that are very disturbing.The NDAA 2012 +Fema camps +post office 45 million rounds,homeland security 250 million rounds of ammo per year,=somethings coming,but what.jee wiz .maybey a nice big happy new and wonderful party like the third riech ,or the anti-Christ.Well I'm all a flutter with anticipation.The sad reality is most of us can do nothing about any of this.If the great statesman( born a slave) Fredrick Douglas was correct that "power yields to demand" then we the people had better start demanding explanations.