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Russia does not exclude preemptive use of weapons against [NATO] missile defense systems in Europe but only as a last resort, the Russian General Staff said on Thursday at a missile defense conference in Moscow.
FULL REPORT: http://en.rian.ru/world/20120503/173188049.html
The world in which we invest is a world of immense wall to wall manipulations by our friends in Washington. And people get off on Goldman Sachs because it has done this and this, it is pulling wires… The Federal Reserve is the giant squid of squids, it is the vampire squid of vampire squids. They - the vampire squids - have manipulated virtually every single price and valuation in the capital markets. People ought to recognize when they invest that one of the unspoken risks is the risk that this hall of mirrors, this Barnum and Bailey world that the Fed has created for us is going to vanish one day because they will not be able to hold it any more…
FULL REPORT: http://www.zerohedge.com/news/jim-grant-federal-reserve-vampire-squid-vampire-squids
CNET learns the FBI is quietly pushing its plan to force surveillance backdoors on social networks, VoIP, and Web e-mail providers, and that the bureau is asking Internet companies not to oppose a law making those backdoors mandatory.
FULL REPORT: http://news.cnet.com/8301-1009_3-57428067-83/fbi-we-need-wiretap-ready-web-sites-now/
Japan is shutting down its last working nuclear reactor as part of the safety drive imposed after the March 2011 tsunami triggered a meltdown at the Fukushima plant.
The closure of the third reactor at the Tomari plant in Hokkaido prefecture, northern Japan, means all of the country’s 50 nuclear reactors have been taken offline, leaving the country with no nuclear-derived electricity for the first time since 1970.
FULL REPORT: http://www.guardian.co.uk/world/2012/may/05/japan-shuts-down-last-nuclear-reactor
Terrorists who want to strike fear in the hearts of Americans would do well to set wildfires in Montana, al-Qaeda advises in the most recent issue of its English-language magazine, Inspire.
“It is difficult to choose a better place other than in the valleys of Montana where the population increases rapidly,” Inspire’s “AQ Chef” columnist writes.
HANOK: I suspect the CIA would have advised the Taliban/Al-Qaeda/Mujahideen to set fire to the forests in Afghanistan too, to terrorize and run the Russians out, but they didn’t/don’t have forests quite like we have here in Montana. Instead, we just gave them RPGs to fire at Russian aircraft. Strangely, the CIA and NATO just gave Al-Qaeda mercenaries a lot of weapons and protection in Libya to bring down Gaddafi(to confirm the US still has open contact with the “Mujahideen”). There are just too many bizarre conflicting and condemning anomalies between the CIA and Al-Qaeda… and now we hear they want to set fire to our forests? Read More »
JIM SINCLAIR: There is $37 trillion in [credit default swaps], both industrial and government issued. There is one body that will decide if any of those are called into performance. That body is the ISDA, that is the most powerful organization in the world. There are no rules. There may be rules defined by how a contract is written but there are no regulatory rules. The master agreement says the determination committee of the ISDA will determine if the event is a [default]. That is one hell of a powerful committee made up of the greatest names in finance.
FULL INTERVIEW: http://www.futuresmag.com/2012/05/01/jim-sinclair-has-something-to-say?page=7
Hanok: ISDA = International Swaps and Derivatives Association Who owns and who controls it?
FM: You have talked about threats to other nations using Swift.
JIM SINCLAIR: Public threats. I am not talking about private information. Read the Times of India and their reaction. If [India] continues to deal with Iran like they have been, the major banks of India will be shut out of the Swift system. Now what is India’s first reaction? Basically no, we will not be threatened by that. Now all of a sudden you start to see India starting to make announcements about cutting back on their dealings with Iran. Being thrown out of the Swift system is nuclear in terms of economic impact and therefore is a very powerful weapon.
FULL INTERVIEW: http://www.futuresmag.com/2012/05/01/jim-sinclair-has-something-to-say?page=5