Arab states join US fight against IS

•September 14, 2014 • 2 Comments


Ten Arab countries have agreed to help the US in its fight against the jihadist group, Islamic State (IS).

After talks with US Secretary of State John Kerry in Jeddah, they pledged to provide military support and humanitarian aid, and to halt the flow of funds and foreign fighters to IS.

Mr Kerry told the BBC they were “full-throatedly ready” to combat the group.

However, Russia warned the US against expanding its campaign of air strikes from Iraq into neighbouring Syria.

The Russian foreign ministry said any such action, without the backing of the UN Security Council, would be “an act of aggression” and a “gross violation” of international law.

On Wednesday, President Barack Obama set out his plans to “destroy and degrade” IS and revealed that he had authorised air strikes in Syria.

Mr Kerry has been tasked with building a broad coalition against IS, also known as Isis or Isil.

On Thursday, ministers representing Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia and the United Arab Emirates offered their support.


as i said last week on twitter..the coalition is a clusterfuck of arab dictators, the 5 eyes and token euro trash wankers..


EBay’s PayPal unit to start accepting Bitcoin

•September 14, 2014 • 1 Comment

EBay has announced that Braintree, the payment processor subsidiary of the world’s largest web marketplace, has “embraced” bitcoin and will begin accepting the digital currency as payment.

Braintree is used by websites and applications like Uber, AirBnb, and Stubhub to process online payments, and is available to PayPal’s 152 million users. Websites that use PayPal as a payment system can choose whether or not they will process bitcoins as payment.

“We’re announcing PayPal’s first foray into bitcoin,” Bill Ready, the chief of eBay’s Braintree unit, said at San Francisco’s Techcrunch’s Disrupt conference on Monday.

The company will begin accepting the cryptocurrency as payment in the “coming months” and is partnered with San Francisco-based bitcoin exchange Coinbase. EBay isn’t investing in Coinbase, which will only serve as a medium for

Braintree users to link their digital Braintree wallets with their bitcoin wallets on Coinbase.

To date, Braintree is the world’s largest company to accept the new, and sometimes controversial, digital currency. Neither PayPal nor eBay plan to recognize the currency as payment at this point.

Two years ago bitcoin was only valued at a couple dollars per unit, and today is worth over $480. Prices soared above $1000 per coin in November 2013 before crashing along with the largest trading platform, Mt. Gox.

In July, Latvian airline airBaltic announced customers could buy plane tickets with bitcoins.

Bitcoins are banned by China’s largest online retailer Alibaba, as well as by the government of China and Denmark.

The US Postal Service once considered the possibility of adding a bitcoin exchange to its current roster of non-bank financial services.


bitcoin continues to rise in stature if not price..


Scottish independence: Cameron, Clegg and Miliband make Scotland ‘No’ vote plea

•September 12, 2014 • 8 Comments


The leaders of the main UK parties have travelled to Scotland to urge voters to reject independence in the referendum.

Prime Minister David Cameron said he would be “heartbroken” in the event of a “Yes” vote, while Labour leader Ed Miliband said the case for the Union came from the “head, heart and soul”.

Scottish First Minister Alex Salmond said the leaders could not be trusted.

Meanwhile, a new opinion poll has suggested 47.6% of voters back “No”, 42.4% “Yes”, with 10% undecided.

The new poll, by Survation for the Daily Record, was conducted before the Westminster party leaders announced their campaign visits.

Mr Cameron and Mr Miliband abandoned their usual Prime Minister’s Questions session in the House of Commons to head north, after other recent opinion polls suggested the referendum race was now neck and neck.

Although the three leaders campaigned separately, they each called on voters to keep Scotland in the United Kingdom.

The three leaders have backed a plan of action spearheaded by former prime minister Gordon Brown, which they have said would see work begin on the handover of new powers on 19 September, the day after the referendum.

Speaking in Edinburgh, Mr Cameron – who Downing Street has confirmed will return to Scotland on Monday – said he was often asked whether his party would find it easier to win UK elections without Scotland, which currently has one Tory MP.

He responded: “My answer to that is, I care far more about my country than I do about my party.

“I care hugely about this extraordinary country, this United Kingdom that we’ve built together.

“I would be heartbroken if this family of nations that we’ve put together – and we’ve done such amazing things together – if this family of nations was torn apart.”


when you get bipartisan support for something you just know it wont be a good result for the sticking with my 52/48 “No” prediction..


The New World Order described in 10 minutes

•September 12, 2014 • 4 Comments


good video..except hes forgotten the Vatican Incorporated..


McKitrick paper: No warming for 19 years..but the CSIRO is 99.999999% sure it is and we did it

•September 12, 2014 • 4 Comments


The Guardian in 2009 predicted five years of rapid warming:

The world faces record-breaking temperatures as the sun’s activity increases, leading the planet to heat up significantly faster than scientists had predicted for the next five years, according to a study.

The hottest year on record was 1998, and the relatively cool years since have led to some global warming sceptics claiming that temperatures have levelled off or started to decline. But new research firmly rejects that argument.

The research, to be published in Geophysical Research Letters, was carried out by Judith Lean, of the US Naval Research Laboratory, and David Rind, of Nasa’s Goddard Institute for Space Studies.

Fail. Five more years of no warming followed.

Professsor Ross McKitrick says in a new paper that the warming pause has now lasted an astonishing 19 years at the surface and 16-26 years in the lower troposphere.

The IPCC has drawn attention to an apparent leveling-off of globally-averaged temperatures over the past 15 years or so…. Here, I propose a method for estimating the duration of the hiatus that is robust to unknown forms of heteroskedasticity and autocorrelation (HAC) in the temperature series and to cherry-picking of endpoints… Application of the method shows that there is now a trendless interval of 19 years duration at the end of the HadCRUT4 surface temperature series, and of 16 – 26 years in the lower troposphere. Use of a simple AR1 trend model suggests a shorter hiatus of 14 – 20 years but is likely unreliable…

While the HadCRUT4 record clearly shows numerous pauses and dips amid the overall upward trend, the ending hiatus is of particular note because climate models project continuing warming over the period. Since 1990, atmospheric carbon dioxide levels rose from 354 ppm to just under 400 ppm, a 13% increase…

In the surface data we compute a hiatus length of 19 years, and in the lower tropospheric data we compute a hiatus length of 16 years in the UAH series and 26 years in the RSS series. 

This is “the science”. Why do warmists keep ignoring it?

With the science against the faith it has so frantically promoted, the UN searches for someone who will turn the debate. Note well: it’s looking for someone who isn’t a scientist but who can play on guilt, racial politics, gender politics and victimhood:

The United Nations is looking for a young woman to, as BBC put it, be the ‘Malala’ of the climate change movement, serving as a voice that will energize this September’s climate change conference.

The organization has put out a call for a woman under 30 to speak at the opening session of the 2014 Climate Summit, which is being held on September 23 in New York City. The woman has to be from a developing country and must have a background that includes advocacy on climate change or work on implementing climate mitigation or adaptation solutions. So far, the call for applicants has drawn 544 women, who emailed short videos of themselves persuading world leaders to act on climate change to the Secretary-General’s office.

The UN has outed itself with this stunt.  Its criteria ensure no leading climate scientists need apply. See, this is no longer about science at all.

A CSIRO report has declared the chances of global warming being the result of human industry as 99.999 percent likely.

The paper published yesterday in the Climate Risk Management journal noted December 2013 was the 346th consecutive month where global land and ocean temperatures exceeded the monthly average of the 20th century.

In other words, not since February 1985 have global conditions been below the average mark.

The likelihood of such an occurrence without human contribution is less than one in 100,000, the report said.

Researchers looked at rates of greenhouse gas emissions modelled alongside increases in temperature and compared results without the emissions.

They also looked at other possible contributions, including volcanic eruptions and El Nino weather patterns in making its finding of human culpability.

The report makes particular note that certain trends quoted by sceptics – such periods of falling temperatures – are in fact signs of climate change.

“One would expect a far greater number of short periods of falling temperatures…if climate change was not occurring,” it said.


“One would expect a far greater number of short periods of falling temperatures…if climate change was not occurring,”

huh? wtf is that meant to mean..please explain..

“Researchers looked at rates of greenhouse gas emissions modelled”

ahh those models..the ones that have failed all estimates for warming predictions..

the statement by the CSIRO is actually so unscientific its a disgrace..why are they so desperate to convince the sheep?


Preparing to asset-strip local government? The Fed’s bizarre new rules

•September 12, 2014 • Leave a Comment


In an inscrutable move that has alarmed state treasurers, the Federal Reserve, along with the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency, just changed the liquidity requirements for the nation’s largest banks. Municipal bonds, long considered safe liquid investments, have been eliminated from the list of high-quality liquid collateral. assets (HQLA). That means banks that are the largest holders of munis are liable to start dumping them in favor of the Treasuries and corporate bonds that do satisfy the requirement.

Muni bonds fund the nation’s critical infrastructure, and they are subject to the whims of the market: as demand goes down, interest rates must be raised to attract buyers. State and local governments could find themselves in the position of cash-strapped Eurozone states, subject to crippling interest rates. The starkest example is Greece, where rates went as high as 30% when investors feared the government’s insolvency. Sky-high interest rates, in turn, are the fast track to insolvency. Greece wound up stripped of its assets, which were privatized at fire sale prices in a futile attempt to keep up with the bills.

The first major hit to US municipal bonds occurred with the downgrade of two major monoline insurers in January 2008. The fault was with the insurers, but the taxpayers footed the bill.  The downgrade signaled a simultaneous downgrade of bonds from over 100,000 municipalities and institutions, totaling more than $500 billion. The Fed’s latest rule change could be the final nail in the municipal bond coffin, another misguided move by regulators that not only does not hit its mark but results in serious collateral damage to local governments – maybe serious enough to finally propel them into bankruptcy.

Why this unprecedented move by US regulators? It is not because municipal bonds are too risky, since corporate bonds with lower credit ratings are accepted under the new rules. Nor is it that the stricter standard is required by the Basel Committee on Banking Supervision (BCBS), the BIS-based global regulator agreed to by the G20 leaders in 2009. The Basel III Accords set by the BCBS are actually more lenient than the US rules and do not include these HQLA requirements. So what’s going on?

The rule change may not have much effect in a crash, but where it will have a major effect is on the cost of credit, which will increase for municipal governments and decrease for corporate and financial institutions. The result will be to further shift power and financial resources from the public sector to the private sector.

Why would regulators dangerously jeopardize state and local government budgets in this way? Skeptical observers speculate that the intent is to Detroit-ize municipal governments, so that assets can be stripped as is being done in that imperiled city. The international bankers got away with asset-stripping Greece. Why not make the US itself a wholly-owned subsidiary of private banking interests?

If that seems far-fetched, consider what is happening with Argentina, which has been forced into bankruptcy by a US court to satisfy the exaggerated claims of certain hold-out vulture funds. IMF regulators have discussed establishing an international bankruptcy court that could strip a country such as Argentina of its assets, including prime sections of real estate, to pay off the nation’s creditors.

In the US, there is already a trend to force state and municipal governments into austerity measures, if not outright bankruptcy, in order to eliminate labor unions, pension obligations and social services. Bankruptcies can be involuntary, forced by the creditors who caused them. Detroit is the US model. Michigan’s Constitution protects pensions, so the emergency manager appointed by the governor could not unilaterally cut those funds. But in a municipal bankruptcy, a judge would decide the fate of city workers’ pensions, making it an attractive option for banking interests. The oligarchs have long had their eyes on the massive sums represented by the pension funds.


thanks to nomnomnom for the link..

“Municipal bonds, long considered safe liquid investments, have been eliminated from the list of high-quality liquid collateral.”

this is pretty big news..

“a major effect is on the cost of credit, which will increase for municipal governments and decrease for corporate and financial institutions.”

and when they cant get credit and go bankrupt there will be buyers ready to pick up the scraps for pennies..


The Obama speech on IS

•September 12, 2014 • 7 Comments

President Obama said Wednesday night that he was ordering a significantly expanded military campaign against Sunni militants in the Middle East that includes American airstrikes in Syria and the deployment of nearly 500 more military advisers to Iraq. But he sought to dispel fears that the United States was embarking on a repeat of the wars in Iraq and Afghanistan.

In a televised speech to the nation from the State Floor of the White House, Mr. Obama said the United States was recruiting a global coalition to “degrade and ultimately destroy” the militants, from the Islamic State in Iraq and Syria. He warned that the effort would require years of sustained effort.

“We will hunt down terrorists who threaten our country, wherever they are,” Mr. Obama said. “That means I will not hesitate to take action against ISIL in Syria, as well as Iraq. This is a core principle of my presidency: If you threaten America, you will find no safe haven.” ISIL is an alternative name for ISIS.

The president took pains to distinguish between the military action he was putting in motion and the two wars begun by his predecessor, President George W. Bush. He likened this campaign to the highly targeted airstrikes that the United States has carried out for several years against terrorism suspects in Yemen and Somalia, few of which have been made public.

After enduring harsh criticism for saying in a news conference two weeks ago that he did not have a strategy for dealing with ISIS in Syria, Mr. Obama sketched out a plan that will involve heightened American training and arming of moderate Syrian rebels to fight the militants. Saudi Arabia has agreed to provide bases for the training of those forces.

The White House has asked Congress to authorize the plan to train and equip rebels — something the Central Intelligence Agency has been doing covertly and on a much smaller scale — but Mr. Obama said he had the authority necessary to expand the broader campaign.

“These American forces will not have a combat mission — we will not get dragged into another ground war in Iraq,” Mr. Obama pledged, adding that the broader mission he was outlining for American military forces “will be different from the wars in Iraq and Afghanistan; it will not involve American combat troops fighting on foreign soil.”

Full Transcript here:

Now let’s make two things clear: ISIL is not “Islamic.”


one of the most pathetic, lie filled speech’s i have ever heard..only matched by colin powell at the UN in regards to WMD in iraq..the west created IS..and now they will use it to get into syria and finish off the job they started 3 years ago..



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