With a series of major hacks, China builds a database on Americans

China is building massive databases of Americans’ personal information by hacking government agencies and U.S. health-care companies, using a high-tech tactic to achieve an age-old goal of espionage: recruiting spies or gaining more information on an adversary, U.S. officials and analysts say.

Groups of hackers working for the Chinese government have compromised the networks of the Office of Personnel Management, which holds data on millions of current and former federal employees, as well as the health insurance giant Anthem, among other targets, the officials and researchers said.

“They’re definitely going after quite a bit of personnel information,” said Rich Barger, chief intelligence officer of ThreatConnect, a Northern Virginia cybersecurity firm. “We suspect they’re using it to understand more about who to target [for espionage], whether electronically or via human ­recruitment.” Continue reading

Major U.S. Retailers Are Closing More Than 6,000 Stores

If the U.S. economy really is improving, then why are big U.S. retailers permanently shutting down thousands of stores?  The “retail apocalypse” that I have written about so frequently appears to be accelerating.  As you will see below, major U.S. retailers have announced that they are closing more than 6,000 locations, but economic conditions in this country are still fairly stable.  So if this is happening already, what are things going to look like once the next recession strikes?  For a long time, I have been pointing to 2015 as a major “turning point” for the U.S. economy, and I still feel that way.  And since I started The Economic Collapse Blog at the end of 2009, I have never seen as many indications that we are headed into another major economic downturn as I do right now.  If retailers are closing this many stores already, what are our malls and shopping centers going to look like a few years from now? Continue reading

How the Pentagon Could Soon Share Americans’ Data With Foreign Militaries

The new cyber strategy could provide allies with Americans’ information gathered under proposed legislation.

As Ashton Carter unveiled the Pentagon’s new Cyber Strategy last week, he underscored its importance by revealing that DOD networks had been infiltrated by actors within Russia. The defense secretary did not emphasize a provision of the strategy that could send private data about U.S. citizens and companies to foreign militaries.

Here’s what it says: “To improve shared situational awareness DOD will partner with DHS [Department of Homeland Security] and other agencies to develop continuous, automated, standardized mechanisms for sharing information with each of its critical partners in the U.S. government, key allied and partner militaries, state and local governments, and the private sector. In addition, DOD will work with other U.S. government agencies and Congress to support legislation that enables information sharing between the U.S. government and the private sector.” Continue reading

‘The Fourth Reich’: What Some Europeans See When They Look at Germany

People today are understandably confused when they hear “Fourth Reich” and Germany combined in the same sentence. They cannot put two and two together because they continue to look for Nazis running the country. There are none.

The Fourth Reich of today is economic dominance and subjugation of the European continent which will later turn the landscape into a United States of Europe — the only way for the Euro, or single currency bloc to survive. The only solution is further integration, and further integration means destroying national sovereignty from country to country and doing things the hegemon’s way.

Along with an upcoming United States of Europe will be a European Army, thanks in part to the suicide of the United States and Russian threats from the East. Many may not see it, but it’s going in that direction step by step. Whether one chooses to believe it or not doesn’t change the fact that it in fact is happening, albeit at a slow pace, before their very eyes.

If you’re still looking for Nazis, you’re 70-plus years late to the party.

 

 

Graphic: German Dominance

 

Following World War II, a German return to dominance in Europe seemed an impossibility. But the euro crisis has transformed the country into a reluctant hegemon and comparisons with the Nazis have become rampant. Are they fair?

May 30, 1941 was the day when Manolis Glezos made a fool of Adolf Hitler. He and a friend snuck up to a flag pole on the Acropolis in Athens on which a gigantic swastika flag was flying. The Germans had raised the banner four weeks earlier when they occupied the country, but Glezos took down the hated flag and ripped it up. The deed turned both him and his friend into heroes.

Back then, Glezos was a resistance fighter. Today, the soon-to-be 93-year-old is a member of the European Parliament for the Greek governing party Syriza. Sitting in his Brussels office on the third floor of the Willy Brandt Building, he is telling the story of his fight against the Nazis of old and about his current fight against the Germans of today. Glezos’ white hair is wild and unkempt, making him look like an aging Che Guevara; his wrinkled face carries the traces of a European century. Continue reading

One Last Look At The Real Economy Before It Implodes – Part 2

You can read Part one here:

One Last Look At The Real Economy Before It Implodes – Part 1

 

Consumer spending in the U.S. accounts for approximately 70 percent of gross domestic product, though it is important to note that the manner in which “official” GDP is calculated is highly inaccurate. For example, all government money used within the Medicare coverage system to pay for “consumer health demands,” as well as the now flailing Obamacare socialized welfare program, are counted toward GDP, despite the fact that such capital is created from thin air by the Federal Reserve and also generates debt for the average taxpayer. Government debt creation does not beget successful domestic production. If that was a reality, then all socialist and communist countries (same thing) would be wildly enriched today. This is simply not the case. Continue reading

Most Americans Are Slaves And They Don’t Even Know It

Most Americans spend their lives working for others, paying off debts to others and performing tasks that others tell them that they “must” do.  These days, we don’t like to think of ourselves as “servants” or “slaves”, but that is what the vast majority of us are.  It is just that the mechanisms of our enslavement have become much more sophisticated over time.  It has been said that the borrower is the servant of the lender, and most of us start going into debt very early into our adult years.  In fact, those that go to college to “get an education” are likely to enter the “real world” with a staggering amount of debt.  And of course that is just the beginning of the debt accumulation. Continue reading

What Is Moscow’s Game?

Also, don’t forget that Russian nuclear missiles are reportedly back in Cuba.

 

In an article titled, Russian General Warns of World War 3, Russia’s Nuclear Plans for The World, we read that Moscow is engaged in joint defense projects with China, India and other countries. Colonel General Leonid Ivashov is quoted in Pravda as saying that the U.S. has “not upgraded one single ballistic missile, and they do not build new ones either.” He bragged of Russia’s nuclear advantage. “This situation has changed dramatically,” Ivashov noted, “and we are standing on the brink of a war – not a cold war, but a hot war. Therefore, today Russia hastily takes efforts to rebuild the defensive capacity of the armed forces and change military doctrine.”

On a related matter, a Ukrainian analyst privately commented on the allegations of Pavel Gubarev (in East Ukraine) that Putin’s man in Chechnya, Ramzon Kadyrov, was behind the terrorist attacks in France the week before last: “If Gubarev says Kadyrov is involved in the terrorism in France, it is probably true.” He then added, as an afterthought, “Russia is full speed on the war-threat model.” Continue reading

Americans: One Small Emergency Away From the Street

In general, America is also one catastrophic event away from irreparable implosion.

 

Most Americans are only one paycheck away from the street, according to a new survey by personal finance website Bankrate.com.

The survey of 1,000 adults found that approximately 62 percent of Americans have no emergency savings for things such as a $1,000 emergency room visit or a $500 car repair.

Continue reading

On The Verge Of The Next Economic Crisis, 62 Percent Of Americans Are Living Paycheck To Paycheck

Nearly two-thirds of all Americans are completely and totally unprepared for the next economic crisis.  As you will read about below, a new survey has found that only 38 percent of Americans have enough money on hand to cover “a $500 repair bill or a $1,000 emergency room visit”.  That essentially means that 62 percent of the people in this country do not have an emergency fund.  Even after the extremely bitter financial lessons that millions of Americans learned during the last recession, most of us are still choosing to live on the edge.  That is utter insanity, and when the next major economic downturn strikes most people are going to find themselves totally unprepared.

The number one thing that you need to do to get ready for the coming economic collapse is to build up an emergency fund.

Because of my website, people are constantly asking me what they should do to prepare for the coming economic collapse.

I think that they expect me to say something like this…

“Sell everything that you possibly can and buy gold and silver, go purchase a llama farm, and dig a bunker where you can bury 10,000 cases of MREs.” Continue reading

Congress Authorizes Spying On All Americans Without Due Process

(TheAntiMedia) Yesterday, the House passed H.R. 4681. The bill, which was also passed by the Senate on Tuesday, authorizes spying on all Americans without due process.

It grants the executive branch virtually unlimited access to the communications of every American.

The commentary below was published by U.S. Representative Justin Amash (yes, a member of Congress himself) on his official Facebook page late Wednesday night:

When I learned that the Intelligence Authorization Act for FY 2015 was being rushed to the floor for a vote—with little debate and only a voice vote expected (i.e., simply declared “passed” with almost nobody in the room)—I asked my legislative staff to quickly review the bill for unusual language. What they discovered is one of the most egregious sections of law I’ve encountered during my time as a representative: It grants the executive branch virtually unlimited access to the communications of every American. Continue reading

Iran: ‘Americans Have Very Clearly Surrendered’

Rouhani: ‘Today we have a victory’ 

VIENNA—Top Iranian leaders have been celebrating a recently inked extension in nuclear negotiations with the West, with leading military figures and politicians saying that the deal is a sign that the “Americans have very clearly surrendered to Iran’s might,” according to regional reports.

As negotiations in Vienna break up so that leaders from all sides can return to their countries for further deliberations, the Iranians have already begun mocking the West and insisting that the country’s nuclear rights will soon be recognized.

The “Americans have very clearly surrendered to Iran’s might, and this is obvious in their behavior in the region and in the negotiations, and the enemies’ reservations vis-a-vis Iran are completely felt,” Major General Mohammad Ali Jafari, commander of the Iranian Revolution Guards Corps (IRGC), was quoted as saying late Monday following the announcement of an extension in talks. Continue reading

Chinese Woman Arrested for Downloading Files on Vulnerabilities in US Dams

It’s not hard to imagine, after obtaining information such as this, seeing key dams failing. How would this happen? Not necessarily with terrorist bombings, but with cyberwarfare. If you wanted to physically take them down via power grids, as a professional hit team had done in California, you need only to take out nine substations to indefinitely cripple America and potentially kill hundreds of millions from the aftereffect. It’s already on the edge of failure now as we speak. On the cyberwarfare front, you only need to take advantage of the SCADA system (See also HERE and HERE) that remains largely unprotected and vulnerable as well.

America is in the final phase of a perfect storm overseeing its collapse (on the economic and social front as well) that could happen at any given time as it is now past the point of no return in protecting itself. It can’t even screen itself from espionage in its vital infrastructure, as seen in this article. Having said that, it’s not hard to see that America’s adversaries have first strike capability, and therefore likely checkmate.

But hey, no time for that, we have a MLB World Series to watch and cheap (sometimes toxic) Chinese goods to scuffle over on Black Friday.

 

A sensitive database that lists vulnerabilities in every major U.S. dam was breached last year in an attack traced back to the Chinese regime. The security breach had U.S. officials worried that China could be planning to attack America’s power grid.

Now, one year later, a Chinese woman was arrested for breaching that same network. Xiafen “Sherry” Chen, 59, was arrested on Oct. 20 for allegedly downloading the sensitive files on U.S. dams and for lying to federal investigators.

The registry Chen allegedly accessed and downloaded ranks the dams by the number of Americans who would die if they failed, according to Nextgov. It also lists vulnerabilities that could be exploited in the dams, which could be used by a hostile nation to attack the United States. Continue reading

The height of idiocy: US Government hijacks the whole Swiss banking system

True story.

One of our SMC members just received a package from HSBC giving him and his wife a deadline to comply with FATCA—US’ global tax law.

But suddenly they had just four weeks to prove that they were not US taxpayers, all because at one point they had purchased a service that gave them a US phone number.

And now they, as Canadian citizens and residents, have to submit a fully completed W8BEN IRS form, along with a government issued photo ID and a detailed letter of explanation to make it very clear that they were not in fact Americans.

It used to be that foreigners were vying to become US citizens, but today they’re begging not to be confused as one. Continue reading

Khorosan group will strike U.S. ‘very, very soon’ warns FBI director as he admits 12 American ISIS fighters cannot be stopped from coming back home

  • James Comey said the Al Qaeada veterans are ‘bent on destruction’
  • Suggested that they are working on an attack directed at US and its allies
  • Said people with American passports who have joined extremists can return
  • They are powerless from stopping them even though they’ve been identified

The Director of the FBI has warned the Khorosan terror group will strike the US ‘very very soon’ and says Americans fighting alongside militants in Syria cannot be stopped from returning home.

James Comey said the unit of Al Qaeda veterans are ‘bent on destruction’ and are believed to be working on an attack directed at the United States or its allies.

However he assured the public by saying changes made since 9/11 mean the security services are ‘better in every way that you’d want’ and have the systems in place to quash any threat.

Continue reading