Monday, March 9, 2015

Dramatic Explosion Footage: Warren Buffett-Owned Oil Freight Train Derails, Bursts Into Flames






5 March 2015,
by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2015-03-05/dramatic-explosion-footage-warren-buffett-owned-oil-freight-train-derails-bursts-fla
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Netanyahu Campaign Hit by Perfect Storm

Netanyahu Campaign Hit by Perfect Storm

Bloomberg View
Mar 9, 2015

For all the vitriol in the U.S. surrounding Benjamin Netanyahu's speech last week to Congress, it was nothing compared with what the Israeli prime minister faced upon his homecoming. Israeli politics are generally more vicious than their American parallel, and Netanyahu returned to face what is almost a perfect storm raging around his re-election campaign.

It began with comments by Meir Dagan, a former director of Mossad, who said that the prime minister’s conduct of the conflict with the Palestinians would lead Israel to being either a binational or an apartheid state. Dagan has long been critical of Netanyahu, but former Mossad chiefs have virtual demigod status in Israel, so his accusation (which he repeated in front of an estimated 80,000 people at an anti-Netanyahu rally Saturday in Tel Aviv, where he also said that Netanyahu has brought Israel to its worst crisis since its creation) clearly stung.

The Likud itself brought on the second phase of the storm with an undeniably stupid and offensive TV ad that showed people in a self-help group, all there due to Netanyahu's policies. There was the mobile-phone company executive who can no longer charge customers through the nose, the port worker who can no longer get away with working only three hours a week, and a Hamas terrorist complaining about Netanyahu's war on terrorism. In a country with deep socialist roots, the nasty portrayal of lazy workers was edgy enough. But depicting a Hamas terrorist in the same group as laborers went way too far. Israelis woke up Monday morning to a YNet headline noting that a Likud candidate, the head of Israel’s Airport Authority, said publicly that his workers are telling him they will not vote Likud because of the ad in which Netanyahu compared them to the enemy. Defense Minister Moshe Yaalon, long known as a straight shooter, said Netanyahu didn't know about the content of the ad. Given that the prime minister was filmed reciting lines clearly meant for the ad, though, people found even Yaalon hard to believe this time.

The third blow was a leaked document allegedly indicating that the prime minister had agreed in principle to return to the 1967 lines in a deal with the Palestinians, something he has said publicly he would never do.
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Related Article:

Up to 30,000 Fill the Streets of Tel Aviv in Anti-Netanyahu Rally
http://www.lewrockwell.com/2015/03/no_author/tel-avivs-anti-netanyahu-protest/

Eurogroup Humiliation Of Greece Complete: The Troika Is Coming Back To Athens


9 March 2015
, by Tyler Durden (Zero Hedge)
Excerpt:

Having been shamed what seems like numerous times now by the Eurogroup in recent weeks, Greece suffered its greatest humiliation today.

First, the farcical renaming of 'Troika' to 'Institutions' was summarily dismissed as "semantics," as France played good cop (asking for the group not to call it Troika) while Germany's bad-cop Schaeuble used the T-word four times in one interview.

And second, Eurogroup chairman Dijsselbloem stated that "technical teams will begin considering Greek reform plans on Wednesday," adding that some of the negotiations will have to take place "in situ in Athens."

So instead of discussing reforms with institutions in Brussels, the Varoufakis-defined "cabal of technocrats" Troika will be back on Greek soil to straighten out the nation.
http://www.zerohedge.com

HSBC Just Shocked Clients By Announcing Closure Of All London Gold Vaults!

HSBC Just Shocked Clients By Announcing Closure Of All London Gold Vaults!

The other big news this week was HSBC giving only 2 months’ notice to clients that they are closing down all 7 of their London gold vaults!

This is an unprecedented move. Why do you think this is? It is because transparency is coming. There is no profit in plain, vanilla bullion banking any longer.

I also suspect given the lack of warning and lack of any press release that the majority of these clients will be unable to make other vaulting arrangements in time.

HSBC will no doubt make it easy for these clients to sell the bullion back to HSBC, who will then use this bullion inflow to repay some underwater positions.

FROM: Andrew Maguire – Who Smashed Gold Today And Why As HSBC Shocks Clients By Closing All London Gold Vaults!

http://kingworldnews.com/andrew-maguire-smashed-gold-today-hsbc-shocks-clients-closing-london-gold-vaults/

Nearly At "Full Employment"? 10 Reasons Why The Unemployment Numbers Are A Massive Lie


On Friday, we learned that the official “unemployment rate” has fallen to 5.5 percent. Since an unemployment rate of 5 percent is considered to be “full employment” by many economists, many in the mainstream media took this as a sign that the U.S. economy has almost fully “recovered” since the last recession.  In fact, according to the Wall Street Journal, some Federal Reserve officials believe that “the U.S. economy is already at full employment“.  But how can this possibly be?  It certainly does not square with reality.  Personally, I know people that have been struggling with unemployment for years and that still cannot find a decent job.  And I get emails from readers all the time that are heartbroken because they are suffering through extended periods of unemployment.
So what in the world is going on?  How can the government be telling us that we are nearly at “full employment” when so many people can’t find work?  Could it be possible that the government numbers are misleading?
It is my contention that the official “unemployment rate” has become so politicized and so manipulated that it is essentially meaningless at this point.  The following are 10 reasons why…
9 March 2015, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2015-03-09/nearly-full-employment-10-reasons-why-unemployment-numbers-are-massive-lie