What Mainstream Economists Aren't Telling You: The Euro Is Not In Trouble--But The People Of Europe Are - By Vincent Navarro (27/8/12) PDF Print E-mail
Vincent Navarro   
Monday, 27 August 2012 09:49

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Top Economists: Iceland Did It Right … And Everyone Else Is Doing It Wrong - By Washington’s Blog (27/8/12) PDF Print E-mail
Washington’s Blog   
Monday, 27 August 2012 09:37

Iceland Shows the Way

Nobel prize winning economist Joe Stiglitz notes:

What Iceland did was right. It would have been wrong to burden future generations with the mistakes of the financial system.

Nobel prize winning economist Paul Krugman writes:

What [Iceland's recovery] demonstrated was the … case for letting creditors of private banks gone wild eat the losses.

Krugman also says:

A funny thing happened on the way to economic Armageddon: Iceland’s very desperation made conventional behavior impossible, freeing the nation to break the rules. Where everyone else bailed out the bankers and made the public pay the price, Iceland let the banks go bust and actually expanded its social safety net. Where everyone else was fixated on trying to placate international investors, Iceland imposed temporary controls on the movement of capital to give itself room to maneuver.



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NIRP: The Financial System’s Death Knell? - By Eric Sprott & David Baker (24/8/12) PDF Print E-mail
Eric Sprott & David Baker   
Friday, 24 August 2012 11:12

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Fed Court Rules Banksters Can Steal Pensions - By Kurt Nimmo (23/8/12) PDF Print E-mail
Kurt Nimmo   
Thursday, 23 August 2012 09:53

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Economic Collapse Fears Lead Govts. To Remove Civilian Protections From Military - By Kenneth Schortgen Jr. (23/8/12) PDF Print E-mail
Kenneth Schortgen Jr.   
Thursday, 23 August 2012 09:48

Examiner.com

[FF Editorial: The legal system has prepared the ground to save the banksters. Now the military is allowed to take control of the country when it was the police who were empowered to do so previously should there be domestic violence as a result of the impending financial collapse. We urge our readers to get prepared. We can’t forecast the exact date when this will happen. But take it from us that when it does, it will be like the thief in the night – suddenly and swiftly!] 


On Aug. 17, Germany became the latest country to remove longstanding protections for civilian populations from military intervention in domestic conflicts. In a new court ruling, which repealed laws created out of the Nazi era in Germany, the government can now use the military against citizens in extreme cases, joining the U.S. and other nation states who have removed the dividing line between civilian and military policing.

The German military will in future be able to use its weapons on German streets in an extreme situation, the Federal Constitutional Court says.

The ruling says the armed forces can be deployed only if Germany faces an assault of "catastrophic proportions", but not to control demonstrations. - BBC


In the United States, Northcom was created shortly after 911 to be a military command dedicated to threats within the homeland, and instituted a discontinuation of Posse Comitatus, which had separated civilian police from military use on citizens since the end of the Civil War. Since its inception in 2002, the Federal government has expanded its sphere of influence over Americans with the creation of the Department of Homeland Security, and the militarization of many bureaucratic agencies. In fact, the majority of these increases have taken effect since the credit crisis of 2008.



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