THE TRUTH ABOUT CANCER
http://thetruthaboutcancer.com/spring15/episode2/
Saturday, April 18, 2015
Saturday, July 5, 2014
Pope calls destruction of nature a modern sin
Pope calls destruction of nature a modern sin
Pope
Francis has called for more respect for nature, branding
the destruction of South America's rain forests and other forms of
environmental exploitation a sin of modern times.
In an address at the university of Molise, an
agricultural and industrial region in southern Italy, Francis said the
Earth should be allowed to give her fruits without being exploited.
"This is one of the greatest challenges of our time: to
convert ourselves to a type of development that knows how to respect
creation," he told students, struggling farmers, and laid-off workers
in a university hall on Saturday.
"When I look at America, also my own homeland (South America), so many forests, all cut, that have become land …
that can no longer give life. This is our sin, exploiting the Earth and
not allowing her to give us what she has within her," the Argentine
pope said in unprepared remarks.
Francis, who took his name from Francis of Assisi, the
13th century saint seen as the patron of animals and the environment, is
writing an encyclical on man’s relationship with nature.
Since his election in March, 2013, the leader of the
world's 1.2 billion Roman Catholics has made many appeals in defence of
the environment.
After the university meeting, Francis said mass for tens of thousands of people in a stadium.
See more
BACK to margotbworldnews.com
- See more at: http://margotbworldnews.com/2014/July/July5/Pope.html#.U7iqPaJ0l34
Francis has called for more respect for nature, branding
the destruction of South America's rain forests and other forms of
environmental exploitation a sin of modern times.
In an address at the university of Molise, an
agricultural and industrial region in southern Italy, Francis said the
Earth should be allowed to give her fruits without being exploited.
"This is one of the greatest challenges of our time: to
convert ourselves to a type of development that knows how to respect
creation," he told students, struggling farmers, and laid-off workers
in a university hall on Saturday.
"When I look at America, also my own homeland (South America), so many forests, all cut, that have become land …
that can no longer give life. This is our sin, exploiting the Earth and
not allowing her to give us what she has within her," the Argentine
pope said in unprepared remarks.
Francis, who took his name from Francis of Assisi, the
13th century saint seen as the patron of animals and the environment, is
writing an encyclical on man’s relationship with nature.
Since his election in March, 2013, the leader of the
world's 1.2 billion Roman Catholics has made many appeals in defence of
the environment.
After the university meeting, Francis said mass for tens of thousands of people in a stadium.
See more
BACK to margotbworldnews.com
- See more at: http://margotbworldnews.com/2014/July/July5/Pope.html#.U7iqPaJ0l34
Pope
Francis has called for more respect for nature, branding
the destruction of South America's rain forests and other forms of
environmental exploitation a sin of modern times.
In an address at the university of Molise, an
agricultural and industrial region in southern Italy, Francis said the
Earth should be allowed to give her fruits without being exploited.
"This is one of the greatest challenges of our time: to
convert ourselves to a type of development that knows how to respect
creation," he told students, struggling farmers, and laid-off workers
in a university hall on Saturday.
"When I look at America, also my own homeland (South America), so many forests, all cut, that have become land …
that can no longer give life. This is our sin, exploiting the Earth and
not allowing her to give us what she has within her," the Argentine
pope said in unprepared remarks.
Francis, who took his name from Francis of Assisi, the
13th century saint seen as the patron of animals and the environment, is
writing an encyclical on man’s relationship with nature.
Since his election in March, 2013, the leader of the
world's 1.2 billion Roman Catholics has made many appeals in defence of
the environment.
After the university meeting, Francis said mass for tens of thousands of people in a stadium.
See more
BACK to margotbworldnews.com
- See more at: http://margotbworldnews.com/2014/July/July5/Pope.html#.U7iqPaJ0l34
Francis has called for more respect for nature, branding
the destruction of South America's rain forests and other forms of
environmental exploitation a sin of modern times.
In an address at the university of Molise, an
agricultural and industrial region in southern Italy, Francis said the
Earth should be allowed to give her fruits without being exploited.
"This is one of the greatest challenges of our time: to
convert ourselves to a type of development that knows how to respect
creation," he told students, struggling farmers, and laid-off workers
in a university hall on Saturday.
"When I look at America, also my own homeland (South America), so many forests, all cut, that have become land …
that can no longer give life. This is our sin, exploiting the Earth and
not allowing her to give us what she has within her," the Argentine
pope said in unprepared remarks.
Francis, who took his name from Francis of Assisi, the
13th century saint seen as the patron of animals and the environment, is
writing an encyclical on man’s relationship with nature.
Since his election in March, 2013, the leader of the
world's 1.2 billion Roman Catholics has made many appeals in defence of
the environment.
After the university meeting, Francis said mass for tens of thousands of people in a stadium.
See more
BACK to margotbworldnews.com
- See more at: http://margotbworldnews.com/2014/July/July5/Pope.html#.U7iqPaJ0l34
Monday, May 26, 2014
Thursday, February 17, 2011
A Message from Ghana
|
Wednesday, January 5, 2011
Federal Reserve welcomes a Brave New Economy
http://www.mybudget360.com/federal-reserve-brave-new-economy-fed-spvs-debt-audit-federal-reserve-wall-street-shadow-aid/
Federal Reserve welcomes a Brave New Economy – how the Fed is robbing the public in open daylight. Maiden Lane Special Purpose Vehicles purchased toxic mortgages like option ARMs and commercial real estate.
The global economy seems to be facing a Brave New World envisioned by Aldous Huxley where the world is operating under a command economy and all citizens are psychologically conditioned from to birth to value consumption. The Federal Reserve is the ultimate spend more than you earn machine. It is amazing that a few hours after the US national public debt crossed the $14 trillion threshold (yes, we crossed this line on the last day of the year) that this euphoria is setting in only because people spent money during the holiday season. “Ending is better than mending” is a platitude repeated in Brave New World. It would seem that with credit cards burning holes in wallets many went ahead and spent money they did not have this holiday season. The conditioning has been strong and has provided substantial distraction from the bigger heist committed by the Federal Reserve.
The Fed doesn’t even attempt to hide the fact that they are bailing out some of the worst toxic waste in the market. This was accomplished through many archaic mechanisms including the oddly named Maiden Lane Special Purpose Vehicles (SPV). Take for example Maiden Lane II:
Source: New York Fed
The above is from a report conducted in April of 2010. You would think that this data would be hard to find but the Fed and Wall Street is starting to come to the conclusion that they can simply create complicated names with weird acronyms and most of the public will be consumed with spending instead of mending. Just look at the above closely. This Maiden Lane is full of option ARMs, subprime, and junk Alt-A loans. This is the waste found in the financial sewers of Wall Street and here it is sitting on the balance sheet of our central bank. Not only is it sitting there, this data is publicly available and is a clear indication that the Fed has bailed out many banking institutions through shadow methods. They simply shifted junk from one entity onto the backs of the American taxpayer. It is interesting that BlackRock Financial Management is the manager of this SPV:
More toxic mortgage waste that was bailed out with no Congressional approval. This Maiden Lane is specifically setup for the Bear Stearns fiasco. Maiden Lane II was focused on waste run off from the AIG debacle. In the end the Federal Reserve is the waste management solution for the banking industry using the American taxpayer as the filter to wash off the financial sewage of Wall Street and their years of bad gambles. They do not even bother to hide this since this is all accessible from the New York Fed website. Of course what they do hide is the larger trillions of dollars that are currently sitting on their balance sheet.
While much of this junk sits in ruin the stock market seems to have forgotten about this and is bursting upwards and has taken a pill of soma:
Source: Bloomberg
The above is the TED spread which reflects the difference in interest rates between interbank loans and short-term US government debt. A lower TED spread reflects lower credit risk in the economy and as you can see during the crisis months the spread went to 465 basis points. Today it stands at 16.69 which is lower than the days prior to the economic crisis and when the stock market peaked! In other words, forget about the European debt problems or the $14 trillion in US national debt or the fact that many states are facing bankruptcy. Things are looking up just because people shopped a bit during the holidays with credit cards. Keep taking that financial soma.
The amount of bad debt banks have is still incredible. Look at the amount of negative equity in the US still looming in the ether:
The banking system is largely insolvent and the FDIC is trying to put out a forest fire with an eye dropper. As long as people can collectively pretend things are fine then the system can go on for a bit longer. This is why the Fed can publish data like the above which frankly is outrageous and outright robbery yet nothing is done about it. Our politicians need to protect the financial interest of the people yet with so much money tied up in the political arena the interests of Wall Street are first and foremost. That is why we have 17 percent unemployment and underemployment and 43 million Americans on food stamps. At the same time Disneyland over the holidays set a park record for attendance. Just like the questionable assets in these SPVs, the Fed and Wall Street are trying to figure out another method of putting the horrible employment and wage stats of average Americans into a SPV so the media can keep feeding the public a line that all is well.
Federal Reserve welcomes a Brave New Economy – how the Fed is robbing the public in open daylight. Maiden Lane Special Purpose Vehicles purchased toxic mortgages like option ARMs and commercial real estate.
The global economy seems to be facing a Brave New World envisioned by Aldous Huxley where the world is operating under a command economy and all citizens are psychologically conditioned from to birth to value consumption. The Federal Reserve is the ultimate spend more than you earn machine. It is amazing that a few hours after the US national public debt crossed the $14 trillion threshold (yes, we crossed this line on the last day of the year) that this euphoria is setting in only because people spent money during the holiday season. “Ending is better than mending” is a platitude repeated in Brave New World. It would seem that with credit cards burning holes in wallets many went ahead and spent money they did not have this holiday season. The conditioning has been strong and has provided substantial distraction from the bigger heist committed by the Federal Reserve.
The Fed doesn’t even attempt to hide the fact that they are bailing out some of the worst toxic waste in the market. This was accomplished through many archaic mechanisms including the oddly named Maiden Lane Special Purpose Vehicles (SPV). Take for example Maiden Lane II:
Source: New York Fed
The above is from a report conducted in April of 2010. You would think that this data would be hard to find but the Fed and Wall Street is starting to come to the conclusion that they can simply create complicated names with weird acronyms and most of the public will be consumed with spending instead of mending. Just look at the above closely. This Maiden Lane is full of option ARMs, subprime, and junk Alt-A loans. This is the waste found in the financial sewers of Wall Street and here it is sitting on the balance sheet of our central bank. Not only is it sitting there, this data is publicly available and is a clear indication that the Fed has bailed out many banking institutions through shadow methods. They simply shifted junk from one entity onto the backs of the American taxpayer. It is interesting that BlackRock Financial Management is the manager of this SPV:
“BlackRock Financial Management, Inc. (the “Investment Manager” or “BlackRock”) manages the investment portfolio of the LLC under a multi-year contract with FRBNY that includes provisions governing termination. BNYM provides administrative services and has been appointed to serve as collateral agent under multi-year contracts with FRBNY that include provisions governing termination.”In other words, you have banks shifting junk from one garbage can to another and letting the excess expenses run off and pollute the average American either through dilution of their currency or creeping inflation. This is not the only Maiden Lane out there. We have others that are heavily leveraged with commercial real estate debt:
More toxic mortgage waste that was bailed out with no Congressional approval. This Maiden Lane is specifically setup for the Bear Stearns fiasco. Maiden Lane II was focused on waste run off from the AIG debacle. In the end the Federal Reserve is the waste management solution for the banking industry using the American taxpayer as the filter to wash off the financial sewage of Wall Street and their years of bad gambles. They do not even bother to hide this since this is all accessible from the New York Fed website. Of course what they do hide is the larger trillions of dollars that are currently sitting on their balance sheet.
While much of this junk sits in ruin the stock market seems to have forgotten about this and is bursting upwards and has taken a pill of soma:
Source: Bloomberg
The above is the TED spread which reflects the difference in interest rates between interbank loans and short-term US government debt. A lower TED spread reflects lower credit risk in the economy and as you can see during the crisis months the spread went to 465 basis points. Today it stands at 16.69 which is lower than the days prior to the economic crisis and when the stock market peaked! In other words, forget about the European debt problems or the $14 trillion in US national debt or the fact that many states are facing bankruptcy. Things are looking up just because people shopped a bit during the holidays with credit cards. Keep taking that financial soma.
The amount of bad debt banks have is still incredible. Look at the amount of negative equity in the US still looming in the ether:
The banking system is largely insolvent and the FDIC is trying to put out a forest fire with an eye dropper. As long as people can collectively pretend things are fine then the system can go on for a bit longer. This is why the Fed can publish data like the above which frankly is outrageous and outright robbery yet nothing is done about it. Our politicians need to protect the financial interest of the people yet with so much money tied up in the political arena the interests of Wall Street are first and foremost. That is why we have 17 percent unemployment and underemployment and 43 million Americans on food stamps. At the same time Disneyland over the holidays set a park record for attendance. Just like the questionable assets in these SPVs, the Fed and Wall Street are trying to figure out another method of putting the horrible employment and wage stats of average Americans into a SPV so the media can keep feeding the public a line that all is well.
http://vidrebel.wordpress.com/
BACK to margotbworldnews.com
Tuesday, January 4, 2011
Pentagon in $9.1bn fraud case in Iraq
Tue Jan 4, 2011 2:35PM
Iraq’s Supreme Audit Court says the US Ministry of Defense has failed to account for the USD 9.1 billion misspent discretionary funds during Iraq’s occupation.
Iraq Oil Field
The Pentagon received USD 9.1 billion back in 2004 from the US–led occupation authority funds set up to benefit Iraqi people with assets seized from the previous regime of Saddam Hussein.
According to Iraqi newspaper al–Bayanat al–Jadidah, this recent release follows the 2010 finding of USD 8.7 billion in Iraq funds not accounted for.
The sum had been allocated for reconstruction projects in Iraq, the auditing office said.
An Iraqi auditing official said the audit’s president has twice failed to send its representatives to attend the audit’s international meetings.
The audit found that defense agencies receiving the money had failed to set up required treasury accounts and managing organizations for the funds.
ZH/ZHD/AKM
© Copyright 2010 Press TV. All rights reserved.
Subscribe to:
Posts (Atom)