Enraged India Amassing Tanks, 14,000 Bunkers Along Pakistan Border

 

The potential for major war to break out along the India-Pakistan border continues to build after Pakistan said it shot down Indian fighter jets over the disputed border region of Kashmir. India confirmed only one downed aircraft, and its foreign ministry also said a Pakistani jet was hit in retaliation, going down on the Pakistani side of the border, but what is known for sure is that an Indian pilot is currently in Pakistani military custody after his plane was struck. Continue reading

We’re in the third biggest stock bubble in U.S. history

Here’s a quick question for you. What do the following years have in common:

1853, 1906, 1929, 1969, 1999

Give up?

Those were the peaks of the five massive, generational stock-market bubbles in U.S. history.

And, according to a new research report, we are back there again. Continue reading

Putin a rival who is not welcome back to G7, says Harper as Russia looks to replace Visa with its own credit cards

The BRICs nations are forming an alternative internet with a new undersea cable. Asian nations are talking about militarily banding together to face China because the US is becoming more and more unreliable as a protectorate. China has also in the last three years threatened to use the ‘nuclear option’ on the Dollar as well. Middle East nations talk about replacing the Dollar to break America’s global hegemony. Add this to Russia saying it could reduce itself to zero dependency on America just a couple weeks ago, and now an alternative credit payment system. However, Visa and MasterCard replacement is no longer just talk and is actually underway (like the BRICs cable), which will have a sizeable effect.

Fact is, in the bigger scheme of things, the world is getting fed up with America’s now-corrupt leadership which is abusive and drunken off its own power, is looking to isolate it and send it back into the stone age. The sanctions were not very well thought out as there doesn’t seem to be an exit strategy, as some would argue with Bush’s wars in the Middle East. America is shooting itself in the foot as it playing checkers with Putin — on a Russian rubicon game board. It could’ve also very well been Russia’s long-range strategic plan since the 60’s and earlier to, over the years, integrate itself with the U.S. so much that it could gain economic leverage and destroy the economy overnight if it wished. Much like the CCP in China, the ruling Russian oligarchy doesn’t care about its citizens anyways, which makes it more plausible.

BERLIN — Prime Minister Stephen Harper and German Chancellor Angela Merkel say they are united in their view that Russia has grossly violated Ukrainian sovereignty by annexing the Crimean peninsula.

Following a meeting Thursday between the two G7 leaders, Harper also opined that chances are slim that Russian President Vladimir Putin could ever be welcomed back to the G8.

The G7 nations — the U.S., Canada, Britain, Germany, France, Italy and Japan — effectively booted Russia from the G8 earlier this week over its annexation of Ukraine’s Crimean peninsula following a pro-Western uprising. Continue reading

On Poland and Detroit. Not For the Faint of Heart.

Back to finance.  Poland did exactly what I and a few others have been warning about for years with regards to private retirement accounts and pensions.  Poland confiscated 50% of all private pension funds last week.  PRIVATE pensions.

As Warren Pollock and I have been screaming, one of the largest chunks of collateral left in the system is private retirement money, both in the form of 401(k)s and IRAs and in private pension accounts.  In the U.S., the latest data for 2012 shows that there are now $10.5 Trillion in private 401k and IRA holdings, with another $9 Trillion in pensions and annuities.

RetirementFunds

The regime has been fairly open about its plans to “nationalize”, read CONFISCATE, this collateral and implement a system of “mandatory retirement savings accounts”, which will be just another confiscatory redistribution into the hands of the oligarchs and their cronies.  This what Poland just did.  This is what MF Global was in its essence.  This is what Cyprus was, except the Cypriot confiscation was done to demand deposit accounts instead of retirement accounts, which is now termed a “bail-in” – but it is all of the same stripe, namely the utter destruction of the notion of private property and the redistribution of all wealth into the hands of the oligarchs.   In Poland, the private pension paradigm has now also been destroyed because no one will want to put money into a private pension after this knowing that it can and will be stolen by the government at any time with zero redress. Continue reading

U.S. arms showing up in hands of pro-Assad militias

U.S. and Western weapons have been reaching Iranian-backed Shiite militias fighting to keep Bashar Assad’s forces in power in Syria.

Analysts say it’s unclear if the weapons were captured, stolen or bought on the black market in Syria, Turkey, Iraq or Libya. Propaganda photographs from Shiite militias posted on dozens of websites and Facebook pages show the weapons were acquired in new condition, said Phillip Smyth, an analyst for Jihadology.net, a site affiliated with the Washington Institute for Near East Policy. Continue reading

Rare Earths, Oil, Gas, Other Commodities Up For Grabs As Arctic States Grants China, India, Japan, Other Select Nations ‘Observer Status’

It won’t be long before the essential raw minerals and commodities of the planet’s Far North such as rare earths, oil and gas get gobbled up by the industrialists.

On Wednesday, the Arctic Council granted China, India, Italy, Japan, Republic of Korea and Singapore new Observer States status. Essentially, the six nations gained rightful entry to listen in on meetings of the council, as well as propose and finance policies. Continue reading