Stocks And Oil Drop On Concerns About Greece, China; CNN Declares Media War On Greece

CNN fraud Richard Quest has feminine tantrum in Athens as Greeks remain defiant in face of EU banker criminals, Merkel while continuing to insult and threaten Greek leadership and citizens for corporate masters on air;  Greek authorities should eject and ban Quest along with all CNN frauds and IMF shills who conduct in-your-face libel, slander and pro-EU/anti-Greek propaganda operations from their own capital  

REUTERS
By Noel Randewich
07/07/2015

Equity markets around the world fell on Monday and U.S. oil prices tumbled 7 percent after Greece overwhelmingly voted against conditions for a rescue package and following unprecedented measures in China to staunch recent massive losses in its stock markets.

Stock markets in the red

Wall Street shares fell less than some had feared. The International Monetary Fund reassured investors by saying it was ready to help Greece if asked to do so. European shares fell around 2 percent, a relatively muted reaction to the Greek vote. Beijing introduced emergency measures over the weekend following a 30 percent slide in its stock market since mid-June, raising investors' concerns about the stability of the world's second-biggest economy.

The Dow Jones industrial average .DJI fell 46.53 points, or 0.26 percent, to end at 17,683.58. The S&P 500 .SPX lost 8.02 points, or 0.39 percent, to 2,068.76, and the Nasdaq Composite .IXIC dropped 17.27 points, or 0.34 percent, to 4,991.94.

TUESDAY SUMMIT

Tsipras promised German Chancellor Angela Merkel that Greece would bring a proposal for a cash-for-reforms deal to an emergency summit of euro zone leaders on Tuesday after the surprisingly strong "No" vote in Greece's referendum Sunday.

Markets tanked worldwide following Greek vote, a far cry from the claim by CNN pro-EU corporate hack and shill Nina Dos Santos' claim that "markets shrugged off vote,"

Raising the stakes on the Greek leader, the European Central Bank decided to keep a tight grip on funding to Greek banks, which have been closed for more than a week to avoid a massive outflow of money that could lead to their collapse.

U.S. oil prices fell the most in three months after Greece's rejection of the debt bailout terms and after China's measures to support its stock markets.

Also taking a toll on the energy market were talks between Iran and world powers to meet a July 7 deadline on a nuclear deal. That deal could release more oil into already oversupplied markets if sanctions on Iran are eased.

Having failed at threatening and terrorising the Greek people prior to the referendum CNN shills Quest, Natalie Allen,  Anderson Cooper then attempted to confuse Greek voters on content, while today the apoplectic pro-EU shill Christaine Amanpour doubles-down on air saying the "Greek government lied to voters"

Benchmark Brent crude LCOc1 declined 5.8 percent, down $3.51 a barrel at $56.82. U.S. light crude CLc1 was 7.17 percent lower at $52.86.

"Uncertainty over Greece is bearish for oil," said Olivier Jakob, senior energy analyst at Petromatrix in Zug, Switzerland. "It adds an extra negative factor on top of the turmoil in Chinese financial markets, the recent rise in U.S. drilling rigs and a potential increase in Iranian oil supply."

Quest along with CNN peo-EU banker shills continue to libel, slander and vilify former Greek Finance Minister Varoufakis following his resignation

MSCI's all-country equities world index .MIWD00000PUS lost 1.01 percent, while its emerging markets index .MSCIEF dropped 2.13 percent.

The euro zone blue-chip Euro STOXX 50 index .STOXX50E fell 2.22 percent. The pan-European FTSEurofirst 300 index .FTEU3 was down 1.17 percent. The Athens stock market remained shut, but U.S.-listed Greek shares slid. National Bank of Greece's (NBGr.AT) U.S. shares (NBG.N) closed down 12 percent in New York while the exchange-traded fund Global X FTSE Greece 20 ETF (GREK.K) fell 7.5 percent. 

Pro-IMF banister propagandist, Die Zeit editor Josef Joffe today on CNN fraud-packed panel states that "Merkel will not allow a dead body in her EU"

The euro was 0.54 percent weaker against the dollar, at $1.1053 EUR=. The dollar index .DXY, a gauge of the greenback against six major currencies, edged up 0.16 percent after earlier hitting its highest point in a month.

CHINESE RESCUE MEASURES

Chinese stocks market climbed, goingWorld News against the broader tide of declines in world markets. The CSI300 index .CSI300 of the largest listed companies in Shanghai and Shenzhen closed up 2.9 percent, while the Shanghai Composite Index .SSEC gained 2.4 percent after brokerages and fund managers vowed to buy massive amounts of stocks, helped by China's state-backed margin finance company.

CNN junkie Richard Quest has on-air tantrum today in Athens as it becomes apparent his repeated EU bankster threats and pro-IMF shilling are having zero effect, vilifying and slandering the Greek Prime Minister and former Finance Minister in feminine angst-ridden, anti-Greek tirade

The rapid decline of China's previously booming stock market had become a major headache for China's top leaders, who were already struggling to avert a sharper economic slowdown.

Benchmark U.S. Treasury yields hovered near their lowest levels in over two weeks as safe-haven demand boosted bond prices. Yields on 10-year Treasuries hit 2.274 percent, their lowest level in over two weeks, while long-dated yields hit their lowest level in nearly one week at 3.088 percent. 

Additional reporting by Hideyuki Sano in Tokyo and Patrick Graham, by Nigel Stephenson, Lionel Laurent and Alistair Smout in London; Editing by Bernadette Baum and Leslie Adler.

This news bureau contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc.  We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.

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U.S. To Pay Salaries Of Governor Saakashvili Nazis In Odessa, Ukraine

Read "U.S. Taxpayers To Pay.." - this as tens of thousands of homeless Americans starve and die on the streets for lack of food and medical care in why was once the most prosperous country in the world   

STRATEGIC CULTURE FOUNDATION
07/07/2015

The US government will pay the salaries to the staff of Georgia's former President Mikhail Saakashvili, who is now serving as a new governor of Odessa Region, Ukraine, Saakashvili said, adding that California police will also train Odessa’s officers.

It's not enough to pay the salaries, arm and equip the

present crop of Ukrainian Nazis; Obama also pays for

the luxuries of life for the old crew

“Within the framework of Odessa’s anti-corruption pressure, the US government agreed to provide funds for the salaries of the new team of [Mikhail] Saakashvili,” Saakashvili wrote on his Facebook page after the meeting with Geoffrey Pyatt, the US Ambassador to Ukraine. He added that American police officers from California “will train new Odessa police.” Pyatt has repeatedly voiced his support for Saakashvili. Earlier in July he said that Washington “fully supports Mikheil Saakashvili and his team, and we will do everything so that they can succeed.”

US authorities have recently been sending other instructors to train local forces in Ukraine. In April, paratroopers of the US 173rd Airborne Brigade, based in Vicenza, Italy, arrived in the western Ukrainian city of Lvov to provide training for Ukrainian government troops. 

Pyatt then posted on Twitter several pictures of the US paratroopers marching through the airport in the city.

Ukrainian Nazis living the high life on U.S.

taxpayer's dime

Saakashvili became governor of Odessa Region back in May. He was personally appointed by President Petro Poroshenko.

He was also given Ukrainian citizenship under Poroshenko's personal decree, published on his website, as the Ukrainian constitution says that only a citizen can become an official at governor level.

Saakashvili left Georgia in autumn 2013, days before his presidential term expired. He has been living abroad ever since.

In spring 2014, Georgia's new ruling coalition accused Saakashvili of embezzling hundreds of thousands of dollars from the state budget. 

Georgia's prosecutors have started an investigation into the case. However, Saakashvili denies the charges against him, saying the funds went towards attracting foreign investors to the country.

Obama now pays the bills of Ukrainian Nazis as homeless Seniors, children and Veterans starve and die on the streets of America

Apart from embezzlement, Saakashvili has several other cases ongoing against him. He is accused of abuse of power during the crackdown on anti-government protests in the Georgian capital, Tbilisi, on November 7, 2007. He was also allegedly involved in the attack on the opposition TV station Imedi, which was seized by Georgian special forces on the same day, and the appropriation of the founder's assets.

In February 2015, Tbilisi issued an extradition request for Saakashvili, but Kiev authorities rejected it.

This news bureau contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc.  We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.

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Greece’s New Money : Many, Not One?

Panicking EU bank mobsters, IMF terrorists frantically attempt to shore up inevitable collapse  

WASHINGTON'S BLOG
07/06/2015

It was easy to predict the eventual collapse of the one-currency-fits-all euro: indeed, many analysts explained why it was doomed before it was adopted as an integral part of the European Project, which broadly speaking calls for complete integration of the European economies.

I covered the many structural deficiencies in the euro five years ago:

When Debt-Junkies Go Broke, So Do Mercantilist Pushers (March 1, 2010);

Why the Eurozone and the Euro Are Both Doomed (June 23, 2011);

Three More Reasons the Eurozone Is Doomed (September 22, 2011);

Yet Another Reason Why the Euro Is Doomed (October 17, 2011).

The hard part is guessing what’s next. It seems one dynamic of “what’s next” is multiple currencies being used in Greece rather than one single currency: many, not one. As the U.K.’s Telegraph reports, companies are issuing private currencies to fill the void.

Despite assurances, the crisis is likely to escalate fast if there is no resolution early next week. Businesses in Thessaloniki and other parts of the country are already creating parallel private currencies to keep trade alive and alleviate an acute shortage of liquidity. 

Vasilis Papadopoulos, owner of the Maxi paper mill in Katerini, said the situation was becoming desperate for his industry. “I have enough raw materials to last until July 14. If I don’t get any more pulp, I will have to close the factory. It is a simple as that. I have 183 employees and I will have to start laying them off,” he said.

His firm has reached an accord with regional supermarkets to accept coupons or private scrip money in lieu of payment as soon as next week. His workers will then be able to use this paper as a parallel currency at the supermarket to buy goods.

The idea that scrips, IOUs, letters of credit or indeed, notched sticks, can act as perfectly legitimate money is not surprising to anyone who has read David Graber’s marvelous history of credit and money, Debt: The First 5,000 Years or Fernand Braudel’s three-volume history of modern Capitalism:

The Structures of Everyday Life (Volume 1);

The Wheels of Commerce (Volume 2);

The Perspective of the World (Volume 3).

When exchange-money is in short supply, i.e. a liquidity crisis, various forms of currency arise to fill the need to grease commerce. Money has two basic purposes: to grease trade/commerce, and as a store of value. the two functions appear to be seamless when one form of money fills both needs, but quite often there is no one form of money available in sufficient quantity to fill both needs.

Personal greed of Lagarde, Merkel, EU bank

criminals doomed the Euro

Accounts of people in Greece buying crypto-currencies such as bitcoin strongly suggest that multiple currencies will serve as exchange-money. In its cash form, the euro will of course still be money, but there may not be enough of it in physical form to enable trade. As I have often pointed out, the U.S. dollar acts as money virtually everywhere–especially when the local currency is depreciating or there is a liquidity crunch. Gold and silver, traditional stores of value, can also act as exchange-money, though the principle that bad money drives out good money (Gresham’s law) holds that people will hoard gold and silver and use scrip, paper currencies etc. for exchange purposes.

What we may be witnessing is the first phase of a new era of widespread non-state currencies, that is, currencies issued by private parties rather than nation-states or central banks. These could be crytpo-digital currencies, gold-backed currencies or any number of other variations.

Nation-states and central banks are anxious to maintain their monopoly on money issuance, of course, because the power to issue money is (along with forced conscription and making war) the ultimate foundation of state power.

As with her predecessor Adolph, European citizens are ignoring the increasingly irrational and irrelevant Merkel's insults, tantrums and tirades 

As correspondent Mark G. observes, the evolution of multiple forms of money speeds up in times of rapid transition:

Companies issuing private label currencies is probably not as one-off exceptional as people will tend to assume. I personally have been anticipating that further evolution towards a more “Hanseatic” style economy will include the emergence of multiple exchange systems operating concurrently in parallel. These exchange systems will naturally develop faster during times of turmoil than when everything is quiet.

As in the beginning, Greece has once more led the way to democracy and freedom

We can look to evolutionary biology’s theory of punctuated equilibrium for a potential model of this process of experimentation and rapid evolution: the stasis of central-bank issued currencies gives way to a period of experimentation driven by pressing need that leads to a new equilibrium.

Breaking the grip of central-state/bank issued money will be a major evolutionary step forward for the global economy. Breaking free of the state’s power to depreciate our money at will is a major advance in human liberty and economic security.

This news bureau contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc.  We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.

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Trump Condemns "Disgraceful" Case Of Mexican Illegal Immigrant Deported FIVE TIMES Before Shooting San Francisco Woman Dead In "Random Attack"

SFSD criminal cops release Mexican killer to purposely snub ICE officers, will now pay the price for this lunacy; CNN shills hired to do dirty work for corporate criminal presidential candidates in Trump assassination campaign now eat their own lies and slurs  

AP
By Alexandra Klausner
07/05/2015

Donald Trump has renewed his calls for tougher immigration controls in the wake of an illegal Mexican migrant allegedly murdering a woman in San Francisco.

Murdered by SFSD: Kathryn Steinle

The presidential hopeful branded U.S. border controls an 'absolute disgrace' in light of the revelation that Francisco Sanchez, 45, had already been deported five times - and was recently released from jail by officials who routinely refuse requests to hand over illegal immigrants.

Sanchez is accused of gunning down Kathryn Steinle, 32, as she walked along Pier 14 with her father on Thursday evening. 

According to the victim's family, the attack was entirely at random.

And Trump, 69, used the crime to repeat his calls for more restrictions on movement between Mexico and the United States.

From his Twitter page, the would-be Republican nominee shared a link to coverage of the attack and said: 'Our Southern border is totally out of control. This is an absolutely disgraceful situation. We need border security!' 

Trump has been the target of a CNN smear campaign following remarks on illegal immigrants from Mexico

He then continued: 'Our Southern border is unsecure [sic]. I am the only one that can fix it, nobody else has the guts to even talk about it.'

It came as immigration officials revealed that Sanchez should have been sent to them when he was arrested four months ago, but was let go in accordance with San Francisco's 'sanctuary city' policy.

SFSD released this illegal alien dirtbag to kill 

even after ICE request he be held for deportation

Immigration and Customs Enforcement had marked him as an 'enforcement priority' who should have been handed over immediately.

But San Francisco officials admitted that due to a soft policy on undocumented immigrants, they do not always comply with the requests - which in Sanchez's case left him out on the streets on the night of the murder. 

Trump has been at the center of a firestorm this week after business partners and associates rounded on him for his anti-Mexican rhetoric.

He has several times characterized Mexicans as criminals and 'rapists', and pledged to build a solid wall along the nation's southern frontier if elected.

NBC, Macy's, Univision and stars of his Miss Universe beauty pageant all cut ties with him in light of the comments.

And on Friday, NASCAR joined the growing anti-Trump group by announcing it would no longer hold its end-of-season awards ceremony at a Trump hotel in Miami. 

Corporate criminals - scared to death of Trump - have

hired CNN shills and hacks to mount a smear campaign

against the presidential candidate

Half an hour after his opening salvo, Trump also added a message of condolence to Steinle's family, also taking the opportunity to add "we need a wall!" Trump later challenged other presidential candidates to match his statements - including a direct challenge to Florida senator Marco Rubio. Since the Thursday killing, reports have revealed how Sanchez was already on probation out of Texas and should have been sent to federal authorities as an 'enforcement priority' following a Bay Area arrest four months ago.

Records indicate Sanchez had seven previous felony convictions and has been deported to Mexico on five separate occasions.

However, Immigration and Customs Enforcement (ICE) was never notified of that latest arrest before Steinle's slaying, NBC Bay Area reports. And he was instead allowed to walk free from a San Francisco jail. 

The arrest was on a charge of selling marijuana, for which prosecutors declined to charge him. The date on which Sanchez was last released has not been disclosed.

SFSD told ICE to fuck off when they requested they 

hold Sanchez on "detainer" status

Standard protocol called for Sheriffs--who ran the jail where Sanchez was last detained--to notify police upon his release, but that never happened, notes NBC Bay Area.

ICE spokeswoman Virginia Kice said Sanchez had a 'detainer' on his status, meaning federal officials had flagged him for detention with notification sent to state and local authorities. 

Sanchez's felonies, four of which involved drugs, took place across multiple states including Texas, Oregon and Arizona.

He also had a slew of phony birth dates and aliases, says a source at KNTV. 

The victim's grief-stricken family members, meanwhile, have already spoken out in tribute of their beloved daughter and sister. 

'We loved Kate, and I will love her till the day I die,' Brad told ABC 7 as he fought off tears. 'I had the best sister.'

Kathryn Steinle now lies dead because of the incompetence and lunacy of  SFSD

Kate's mother, 69-year-old Liz Sullivan, recounted the first moments of their family's nightmare to the San Francisco Chronicle. 'She just kept saying, 'Dad, help me, help me.''

Her father immediately began CPR before paramedics rushed the woman to the hospital.

'She fought for her life,' Sullivan said.

Sullivan said the killing was unbelievable and surreal. 'I don't think I've totally grasped it,' she said. 

Jim Steinle said the shooting happened so fast it was hard to fathom it was actually happening.

SFSD completely responsible for the death of this lovely young woman, and the authorities that authorised the release of Sanchez should be fired and prosecuted for her murder

'There was a pop, and Kate went down,' 68-year-old Jim Steinle tearfully recalled on Thursday.

Police arrested Francisco Sanchez about an hour after the shooting. Authorities said he does not yet have a lawyer.

According to CBS San Francisco, the 45-year-old was on probation out of Texas at the time of the shooting.

After making the arrest, divers were sent into the murky depths of the bay around Pier 14 and discovered a firearm, though it was not immediately clear if it was this crime's murder weapon.

Moronic SFSD/SFPD pigs stand around at crime scene with thumbs up their asses, wondering what to do now and how to cover for themselves in this monumental fuckup

Police Sergeant Michael Andraychak said witnesses snapped photos of Sanchez immediately after the shooting and the images helped police make the arrest while he was walking on a sidewalk a few blocks away. 

Kathryn's family told police the shooting was completely random.

'There were no words exchanged between the suspect and the victim,' said Sgt. Michael Andraychak. 'The victim said something to her family members to the extent that she didn't feel well, that she just realized something had taken place and she fell to the ground.'

Prior to her untimely death Kathryn Steinle had just sent her mother a photo of her, her father and a family friend on the scenic waterfront of the Embarcadero. Shortly after her mother was by her side in a hospital room.

'It was a battle, but she just didn't make it,' Kate's mother said. 

'It was horrific, but we knew the minute they came to talk to us, it wasn't good. But it was so nice to go in and be with her.'

Coward SFPD pigs have more than enough time to beat the

shit out of homeless people, but not enough to police Pier 14
and waterfront

Sullivan told The San Francisco Chronicle that she softly touched her daughter's face before she died and remembered a time when her daughter was little and she used to decorate her with face paint.

'We have deep faith,' Jim Steinle said. 'Our faith isn't to the point where we're ready to forgive,' he added.

Neighbor Patrick Dunlap, 74, is also deeply mourning the death of a little girl he watched grow up and become a 'very personable young woman.'

He says he remembers her coming over to his house when she was just six-years-old to deliver flowers to his daughter who had broken her arm.

'This little girl looked up and said, 'This is for the girl with the broken arm,'' Dunlap said on Thursday as he joined friends and her parents to mourn her death.

'We're very fortunate that we are an extremely close family,' Sullivan said. 

'She would come and spend the night several nights. It was just so, so special. We would take naps together. I'm so thankful for that.'

Feral SFPD pigs also have plenty of time to arrest U.S. military veterans during legal protests, but seemingly not enough to keep track of illegal alien felons in their AO

Eric Epperson, a spokesman for Medtronic where Kate was employed, said the company is 'saddened by this tragedy. Our thoughts are with Kate and her family during this time.'

'We knew every day was to be cherished,' Sullivan said. 

'We always thought we've been so blessed.'

The family has begun making funeral arrangements.

The area is one of the busiest tourist destinations in San Francisco.

A family shattered by SFSD: In addition to demanding the DA file charges against the Mayor of San Francisco and responsible SFSD authorities the Sullivan family should sue the City of San Francisco into oblivion and demand all cops involved be fired and prosecuted as accessories to first degree murder

The slaying was particularly shocking because it happened in broad daylight in a place where tourists gather to take in the views, joggers exercise, and families push strollers at all hours.

Two television news crews reporting on the killing were later mugged at the scene, with a masked gunman pistol-whipping a camera operator. 

The robber took cameras from KNTV and KTVU before he jumped into a black BMW and fled.

Steinle went to high school and previously lived about 40 miles east of San Francisco, the newspaper said. She recently moved just blocks from the waterfront and worked for a medical technology company called Medtronic.

This news bureau contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc.  We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.

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