Turkish police were searching Monday for a gunman who attacked the U.S. Consulate in Istanbul after a night of violence shook Turkey’s largest city.
A pair of assailants, a man and a woman, opened fire early Monday on the heavily fortified consulate building in the northern Sariyer district, leading to a shootout with police, authorities said.
No U.S. personnel were injured but the consulate announced that it was closing until further notice, according to Turkish media accounts.
The female assailant, who was wounded in the shootout, was captured by police in a nearby building, according to the official Andalou news agency.
The other attacker, a man, was still at large, authorities said. (Read more from “U.S. Consulate Building in Istanbul Targeted in Turkey Attacks” HERE)
https://joemiller.us/wp-content/uploads/logotext.png00Joe Millerhttps://joemiller.us/wp-content/uploads/logotext.pngJoe Miller2015-08-11 00:21:042015-08-11 00:21:04U.S. Consulate Building in Istanbul Targeted in Turkey Attacks [+video]
By WND. Is America headed for an economic collapse?
If so, presidential candidates are remaining eerily quiet about what’s being described as “a huge disaster waiting to happen.”
The U.S. stock market is on the verge of a massive collapse, warned David Stockman, OMB director during the Reagan administration, on CNBC’s “Futures Now” program. He said the recent price action has him even more convinced than ever that the bottom is about to fall out.
Stockman believes the excessive monetary policy from central banks around the world has created a “debt supernova,” and all the signs point to “the end of the central bank enabled bubble,” which could cause a worldwide recession.
In fact, he said, there’s no way to roll back the artificially inflated bubbles the Federal Reserve has caused. (Read more from “GOP Stars Tight-Lipped on ‘Huge Disaster Waiting to Happen'” HERE)
Economic Reality Now Catching up to Market Fantasy
By Brandon Smith. In the mind of a schizophrenic person, internal elements of fantasy (negative and positive) are made manifest in the psyche and projected out onto the real world. Often, the daydream images of the mind are not merely images to them. Rather, what they imagine subconsciously becomes reality. Their faculties of observation become so limited, either due to a reaction to trauma or merely an inherent inability to cope, that they cannot decipher between fact and fiction. A person could go on like this for quite some time if all his needs are provided for by someone else. But the moment that support ends (and it will), the realities of necessity, not to mention supply and demand, take hold. One cannot live in a schizophrenic world indefinitely.
The current global mishmash of interdependent and socialized economies are, at bottom, schizophrenic. Our markets are not based in any fundamental reality. There is very little tangible foundation left to stand on, and this has been the case for several years. Yet some people might argue that since the derivatives crash of 2008, most of the world has continued to walk on air.
The power of fantasy is that it is self-perpetuating. Fantasies are fueled most commonly by misplaced hopes and unhealthy or unrealistic desires, and such things are darkly and grotesquely energizing. Fantasies can indeed keep economies around the world functionally alive even when they are clinically dead. But again, there is always an end.
Equities and commodities markets in particular have levitated despite economic fact that their fall will be ever more spectacular. That fall has now begun halfway through 2015 . . .
New signals of market crisis are generating every two to four weeks as we grind on toward the third quarter. This is in stark contrast to the heavily predictable market behavior of the past three years. I realize that we are experiencing a “slow boil” and that many people may not even be taking note of the exponential increase in negative economic signs, but really think about it: At the beginning of 2014, what was the general financial sentiment compared to today? (Read more from “Economic Reality Now Catching up to Market Fantasy” HERE)
By Amanda Diaz. David Stockman has long warned that the stock market is on the verge of a massive collapse, and the recent price action has him even more convinced than ever that the bottom is about to fall out.
“I think it’s pretty obvious that the top is in,” the Reagan administration’s OMB director said Thursday on CNBC’s “Futures Now.” The S&P 500 has traded in a historically narrow range for the better part of 2015, having moved just 1 percent higher year to date. “It’s just waiting for the knee-jerk bulls, robo traders and dip buyers to finally capitulate.”
Stockman, whose past claims have yet to come to fruition, still believes that the excessive monetary policy from central banks around the world has created a “debt supernova,” and all the signs point to “the end of the central bank enabled bubble,” which could cause a worldwide recession. (Read more from “Stocks Are a Disaster Waiting to Happen” HERE)
Everybody Preparing for a ‘September Event’ That Coincides With Shemitah
By J. D. Heyes. [A]s September approaches, some are warning of a … provable threat – one rooted in the Jewish religion and in history – called the Shemitah Year, a 3,000-year-old mystery that is remains part of the Jewish faith.
What is the Shemitah? It is the “Sabbath year,” which is also known as the sabbatical or sheviit; the seventh year of a seven-year agricultural cycle mandated by the Torah, Judaism’s religious guidance, for the Land of Israel. . .
While that may not seem important to most Americans, InvestmentWatchBlog provided further evidence that the “seventh year” is again upon us:
Rabbi Johnathan Cahn noted that the Shmitah in 2001 caused the stock market collapse at the end of September, and then in 2008 the Shmitah also caused the economy trouble. The next Shmitah happens to be at the end of the 29th day of Elul this September. . .
Carl Gallups, pastor of Florida-based Hickory Hammock Baptist Church, host of a Christian radio show and author of “Final Warning: Understanding the Trumpet Days of Revelation,” agrees that time is growing short. . .
There can be no doubt that there is an amazing convergence of end-time prophecies occurring right before our eyes,” he told the news site. “Think of where we are in history – Israel is back in its land – a 2,500-year-old prophecy fulfillment – Jerusalem is in the hands of Israel, the nations of the world are rallying against Israel, including the U.S., and Israel is now literally surrounded by Islamic enemies who are publicly calling for the complete destruction of the Jewish state.
(Read more from “Everybody Preparing for a ‘September Event’ That Coincides With Shemitah” HERE)
https://joemiller.us/wp-content/uploads/logotext.png00Joe Millerhttps://joemiller.us/wp-content/uploads/logotext.pngJoe Miller2015-08-08 02:15:052015-08-08 02:15:05Stocks Are a Disaster Waiting to Happen
– UK rate hike fears recede, emerging markets on edge
– EMERGING MARKETS-Currencies retreat on talk of a Fed rate hike
– Lost Decade in Emerging Markets: Investors Already Halfway There
– Some Greek Lessons for Emerging Markets
– Currencies in Freefall Handcuff Bankers From Chile to Colombia
And on, and on.
One particularly alarming case that we’ve been keen to document lately is that of Brazil which, you’ll recall, is “up sh*t creek without a paddle” both figuratively and literally. For one thing, as Goldman recently noted, there’s not a single period in over a decade “with a strictly-worse growth-inflation outcome than that of 2Q2015.” In other words, “since 1Q2004 there has not been a single quarter in which we had simultaneously higher inflation and lower growth than during 2Q2015.” (Read more from “Emerging Market Mayhem: Gross Warns Of “Debacle” as Currencies, Bonds Collapse” HERE)
U.S. officials tell NBC News that Russia launched a “sophisticated cyberattack” against the Pentagon’s Joint Staff unclassified email system, which has been shut down and taken offline for nearly two weeks. According to the officials, the “sophisticated cyber intrusion” occurred sometime around July 25 and affected some 4,000 military and civilian personnel who work for the Joint Chiefs of Staff.
Sources tell NBC News that it appears the cyberattack relied on some kind of automated system that rapidly gathered massive amounts of data and within a minute distributed all the information to thousands of accounts on the Internet. The officials also report the suspected Russian hackers coordinated the sophisticated cyberassault via encrypted accounts on social media . . .
Almost immediately after the cyberattack was detected, the Pentagon took the aggressive step of shutting down the entire Joint Staff unclassified email system and Internet during its investigation. The system should be back online before the end of this week. (Read more from “Report: Russia Hacks the Pentagon” HERE)
https://joemiller.us/wp-content/uploads/logotext.png00Joe Millerhttps://joemiller.us/wp-content/uploads/logotext.pngJoe Miller2015-08-07 03:41:232015-08-07 03:41:23Report: Russia Hacks the Pentagon
In a new video, Al-Qaeda in the Arabian Peninsula (AQAP) leader Khalid Batarfi called for more lone wolf attacks on America and glorified the attacks in Tennessee and Texas as part of the overall jihadist offensive against the United States.
He praised the July attack in Chattanooga, Tenn., in which a gunman killed five American servicemen at a military installation. He called for blessings upon Mohammad Abdulazeez, who “penetrated the base killing and injuring American marines in a blessed Jihadi operation.”
The gunman who sought to attack a cartoon contest in Garland, Texas, in May was also praised as part of the exhortations supporting more such attacks:
And our words cannot give justice to their sacrifice and heroism, of which the later (operations), was the killing of many among those who insult Islam and the honorable Prophet. In … the targeting of an offensive drawings exhibition in Texas, supported and protected by the American government. By the Grace of Allah, lone jihad (has) proven to be and always will prove to be a strategic weapon successfully hitting and penetrating the enemy’s fort.
In the video, Batarfi condemned “America, France, and other kufr [disbeliever] nations” that “assist and make legislations to protect those who abuse Islam and the Prophets.” To that point he stressed, “And as you put limits to freedom of expression and punish whomever goes against them, it is upon us to punish whoever transgresses out boundaries and sanctities.” (Read more from “Most-Wanted Terrorist Emerges From Shadows to Issue Chilling Threat to America” HERE)
https://joemiller.us/wp-content/uploads/logotext.png00Joe Millerhttps://joemiller.us/wp-content/uploads/logotext.pngJoe Miller2015-08-06 03:58:492015-08-06 03:58:49Watch: Most-Wanted Terrorist Emerges From Shadows to Issue Chilling Threat to America
When a piece of plane debris was found last week on a remote French island in the Indian Ocean, family members of Chinese passengers on missing Malaysia Airlines Flight 370 made it clear what they expected: Certainty. . .
Malaysian Prime Minister Najib Razak said the wing part, known as a flaperon, has been “conclusively confirmed” to be from Flight 370. . .
Boeing officials have concluded that the part’s technical features — such as its color and the structure of its joints — confirm that it’s from a 777 aircraft, the same model as MH370, he said.
Drawing on documentation provided by Malaysia Airlines, the prosecutor said, experts also identified “common technical characteristics” between the flaperon found on Reunion and that of Flight 370. But he stopped short of making a definitive link.
The softer language used by the French prosecutor highlights the complex, multinational nature of the investigation into what happened to MH370, which disappeared on March 8, 2014, with 239 people on board. (Read more about the statement from the Malaysian Prime Minister HERE)
https://joemiller.us/wp-content/uploads/logotext.png00Joe Millerhttps://joemiller.us/wp-content/uploads/logotext.pngJoe Miller2015-08-06 03:58:042015-08-06 03:58:04Malaysian Prime Minister: Found Wing Part “Conclusively Confirmed” to be From MH370
Late in July, the Anti-Media reported that Turkey joined the U.S. led coalition conducting airstrikes against the Islamic State (IS, ISIS, ISIL). Since then, it has become clear that Turkey’s strategy is part of a larger agreement with the U.S. to conduct a war against “extremism” in the region.
The deal between the U.S. and Turkey has the following contours: Turkey will allow the U.S. to use its military base at Incirlik to conduct airstrikes against the Islamic State. In exchange, the U.S. will allow Turkey to create a buffer zone on Syrian soil free of Islamic State and Kurdish fighters. The stated aim of the “safe zone” is to create a refuge for internally displaced Syrian civilians inside Syria. According to the New York Times,
“The plan would create what officials from both countries are calling an Islamic State-free zone controlled by relatively moderate Syrian insurgents, which the Turks say could also be a ‘safe zone’ for displaced Syrians.”
For Turkey, however, the real aim is to prevent the YPG Kurdish fighters from linking up their three zones of control (Efrin, Kobani, and Cizir pictured below; Tal Abyad is already under YPG control) in northern Syria with each other. These Kurdish fighters also happen to be the sole force that has shown the ability to effectively defeat ISIS in battle. However, the real aim of Turkey was voiced by the leader of the Kurdish opposition party—HDP— in the Turkish parliament, Selahattin Demirtas:
“‘Turkey doesn’t intend to target IS with this safe zone. The Turkish government was seriously disturbed by Kurds trying to create an autonomous state in Syria,’ he said, adding that ‘the safe zone is intended to stop the Kurds, not IS.'”
(Read more from “US Allows Ally Turkey to Bomb Only Group Effectively Fighting ISIS” HERE)
https://joemiller.us/wp-content/uploads/logotext.png00Joe Millerhttps://joemiller.us/wp-content/uploads/logotext.pngJoe Miller2015-08-06 03:57:012015-08-06 03:57:01US Allows Ally Turkey to Bomb Only Group Effectively Fighting ISIS
By Martin Robinson. Sir Edward Heath was today accused of raping a 12-year-old runaway as police faced a corruption investigation into whether they let off a brothel madam who threatened to expose him in the 1990s.
The alleged rape victim, now 65, claims he was walking along the A2 in north Kent in 1961 when the former prime minister slowed down and asked if he wanted to stay at his flat in Mayfair.
It was only four years later he recognised Sir Edward as his alleged abuser when he saw a photo of him in the paper sharing a joke with Margaret Thatcher and Tory peer Dame Pat Hornsby Smith.
He claims two months after the alleged attack he went to the authorities who dismissed him as a ‘fantasist’ and a ‘liar’.
It also emerged today Sir Edward is being investigated by Scotland Yard as part of Operation Midland, an inquiry into claims a VIP paedophile ring operated in the 1970s and 1980s. (Read more from “Investigation Into Child Sex Abuse by Political Elites Uncovers Child Rape Allegation Against Great Britain’s Ex-Prime Minister”, HERE)
Elites Using Positions of Power to Abuse Children “A Staggering Scandal”
By Agency. A fifth police force has received allegations against Sir Edward Heath, the former Prime Minister at the center of historical child sex claims.
It was known that detectives in Wiltshire, London, Kent and Jersey were looking at sex abuse claims linked to the late politician. Now Hampshire Constabulary have confirmed they are also investigating claims.
The latest development comes after The Telegaph revealed that a Filipino brothel keeper is at the centre of the child abuse storm. Myra Ling-Ling Forde is alleged to have had a prosecution dropped after warning she would expose Sir Edward as a pedophile. . .
On Monday, Wiltshire Police appealed for potential victims and witnesses to come forward after Sir Edward became the most high-profile figure embroiled in historical child sex claims.
Operation Midland is part of a wider umbrella of investigations by Scotland Yard, dubbed Operation Fairbank, into allegations of abuse involving senior politicians and high-profile figures. (Read more from this story HERE)
https://joemiller.us/wp-content/uploads/logotext.png00Joe Millerhttps://joemiller.us/wp-content/uploads/logotext.pngJoe Miller2015-08-05 03:59:572016-04-11 10:58:06Investigation Into Child Sex Abuse by Political Elites Uncovers Child Rape Allegation Against Great Britain’s Ex-Prime Minister
Statistics Canada revealed on July 31 that the Canadian economy shrank by 0.2% on an annualized basis in May, perhaps pushing the country over the edge into recessionary territory for the first half of 2015 . . .
The poor showing surprised economists, who predicted GDP to remain flat, but [instead it contracted] in the first quarter at an annual rate of 0.6%. Canada’s economy may or may not have technically dipped into recession this year — defined as two consecutive quarters of negative GDP growth — but it is surely facing some serious headwinds.
Attempts to rebound: Canada’s central bank slashed interest rates in July to 0.50%, the second cut this year, but that may not be enough to goose the economy. With rates already so low, there comes a point when interest rate cuts have diminishing returns. Consumer confidence in Canada is at a two-year low.
There are other fault lines in the Canadian economy. Fears over a housing bubble in key metro areas such as Toronto and Vancouver are rising.
“In light of its hotter price performance over the past three to five years and greater supply risk, this vulnerability appears to be comparatively high in the Toronto market,” the deputy chief economist of TD Bank wrote in a new report. (Read more from “This Country Is on a Verge of a Recession” HERE)
https://joemiller.us/wp-content/uploads/logotext.png00Joe Millerhttps://joemiller.us/wp-content/uploads/logotext.pngJoe Miller2015-08-05 03:56:252016-04-11 10:58:08This Country is on a Verge of a Recession
Turkish police were searching Monday for a gunman who attacked the U.S. Consulate in Istanbul after a night of violence shook Turkey’s largest city.
