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Luis Miguel Goitizolo

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RE: ARE WE NOW IN THE END TIMES?
2/16/2016 4:34:55 PM
Wall Street

Keiser: Deutsche Bank is 'technically insolvent' and running a 'ponzi scheme'

© Luke MacGregor / Reuters
Max Keiser hit out against Deutsche Bank in the latest episode of his RT program Keiser Report, saying the bank was "technically insolvent" despite assurances from German Finance Minister Wolfgang Schaeuble that he had "no concerns" over his country's biggest bank.

Deutsche Bank shares are down 40 percent since the beginning of the year, falling below their price at the time of the 2008 financial crisis. The bank suffered record losses of €6.8 billion in 2015.

With a balance sheet now eclipsing JP Morgan's, Keiser warned that the bank will sooner or later have to admit to insolvency and say "we need either a huge bailout or we gotta close up shop."

However, German Finance Minister Wolfgang Schaeuble dismissed concerns over Germany's biggest lender, telling Bloomberg he was not worried about its future.

Deutsche Bank CEO John Cryan also played down the concerns in a published letter to staff on February 9, describing the bank as "absolutely rock-solid" and "strong".

"On Monday, we took advantage of this strength to reassure the market of our capacity and commitment to pay coupons to investors who hold our Additional Tier 1 capital," Cryan wrote. "This type of instrument has been the subject of recent market concern. The market also expressed some concern about the adequacy of our legal provisions but I don't share that concern. We will almost certainly have to add to our legal provisions this year but this is already accounted for in our financial plan."

The bank's contingent convertible (CoCo) bonds also plunged in value this year. CoCo bonds are designed to be converted to equity when the bank gets into trouble. They have no maturity date and come with no promise to investors that they will get their money back.

Coupon payments on the bond are contingent on the bank's ability to keep its capital above certain thresholds. If the bank does not make a coupon payment, investors cannot call for a default.

Deutsche Bank said last week that they would likely be able to make its coupon payment for 2016, after telling investors last month that it couldn't make its 2015 payments.

Keiser described the move as a ponzi scheme saying, "You can't just miss coupon payments. It's called insolvency."


"Choose a job you love and you will not have to work a day in your life" (Confucius)

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Luis Miguel Goitizolo

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RE: ARE WE NOW IN THE END TIMES?
2/16/2016 8:36:16 PM

SYRIA HOSPITAL AIR STRIKES ARE 'WAR CRIMES,' SAY FRANCE AND TURKEY

BY ON 2/16/16 AT 11:12 AM


People gather near a destroyed building reported to be an MSF-supported hospital in Idlib, Syria, February 15. France and Turkey have said the bombing of the hospital constitutes a war crime.
SOCIAL MEDIA WEBSITE VIA REUTERS/REUTERS

Russia and the Syrian government have both been accused of carrying out a series of airstrikes on hospitals in northern Syria that left dozens dead on Monday, with France and Turkey saying the bombings constitute war crimes.

The United Nations (U.N.) said that
up to 50 people have been killed in missile attacks on schools and hospitals in the north of the war-torn country. The strikes hit two hospitals and schools in Azaz, killing at least 12 people, the BBC reports. Medical charity Médecins Sans Frontières (MSF) said that a hospital it supports in Ma’arat Al Numan, Idlib province, was hit by four missiles in what appears to be “a deliberate attack.” Seven people were killed, with eight members of staff missing, presumed dead, and the whereabouts of many patients unknown.

Mego Terzian, the president of MSF France,
told Reuters that the “author of the strike” was clearly Russia or the Syrian government of President Bashar al-Assad. French Foreign Minister Jean-Marc Ayrault condemned the bombing of the MSF-supported clinic, saying that such acts “constitute war crimes,” while Turkey said the attacks were “obvious” war crimes and blamed Russia for the attacks. The U.S. State Department said that the willingness of “the Assad regime and its supporters to continue these attacks... casts doubt on Russia’s willingness and/or ability to help bring to a stop the continued brutality of the Assad regime against its own people.”

Russia said it “categorically rejects” accusations of war crimes,
the BBC reports. Syria’s ambassador to Moscow, Riad Haddad, blamed “American warplanes” for targeting the MSF-supported hospital, but the Pentagon rejected this claim as “patently false,” claiming that the Islamic State militant group—which the U.S. has identified as the target of its bombing campaign in Syria—does not operate in Idlib.

The air strikes cast doubt on
a proposed ceasefire agreed in Munich on February 11 by members of the international community, including the U.S. and Russia. The deal, which proposed the cessation of hostilities within one week between the government and opposition groups—though not major extremist groups ISIS or the Nusra Front—has been subjected to skepticism by Russia and the Syrian regime. Speaking on state television on Monday, President Assad said: “Who is capable of gathering all these conditions and requirements [for a ceasefire] within a week?”

The Syrian conflict, which is almost five years old, has killed more than 250,000 people and created more than 11 million refugees and internally displaced people.

(Newsweek)

"Choose a job you love and you will not have to work a day in your life" (Confucius)

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Luis Miguel Goitizolo

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RE: ARE WE NOW IN THE END TIMES?
2/16/2016 8:50:40 PM

ELECTION 2016

GLENN BECK SLAMS TRUMP AS 'PSYCHOPATH'


'I would worry about safety if I were alone w/him'

Published: 1 day ago



Donald Trump (Photo: Twitter)


Glenn Beck, the conservative pundit and radio host who’s emerged as one of Donald Trump’s loudest detractors in recent days, said in a series of tweets the billionaire is a “psychopath” and completely unfit to lead the country,

He made the remarks in context of discussing the most recent Republican debate. And first up: criticism of how Trump handled the announcement of U.S. Supreme Court Justice’ Antonin Scalia’s death.

“C[BS] opens with a moment of silence for Justice Scalia,” Beck said on Twitter. “Donald is the only one with his head up and looking around. Respect.”

He also tweeted, Breitbart found: “Trump gets boo’d on attack on Jeb [Bush]. Is this what America is looking for in a president? A boorish narcissist bully? #GOPdebate.”

Beck’s tweets then turned even harsher.

“If America doesn’t see what an unhinged bully Donald Trump is after tonight’s debate, there is no decency left,” he wrote. “Now he mocks Barbara Bush.”

And another: “The hatred and anger inside of Trump is breathtaking. He is truly frightening. I would worry about safety if I were alone w/him.”

Beck then took to Facebook to elaborate on his thoughts on the debate, and on Trump.

“Tonight’s debate is the most uncomfortable, angry, hate-filled 2 hours I have ever experienced,” he wrote. “Is anyone else shaken by this? I found it seriously and deeply disturbing. The psychiatric community needs to step up and address what we are witnessing. This man is a narcissistic psychopath. This is NOT name calling, that is a search for a diagnosis. If he is not, then he is merely a game show host that is trying to get ratings. If that is true, that, in and of itself, is a sign of deep disturbance.”

Beck has endorsed Ted Cruz for president, and has made campaign stops and speeches for the Texas senator.

Trump fired back at Beck on his own Twitter account, writing directly: “Hey @glennbeck. See how I beat your boy Ted – in your own Blaze poll? Your endorsement means nothing! #GOPDebate.”


(wnd.com)

"Choose a job you love and you will not have to work a day in your life" (Confucius)

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Luis Miguel Goitizolo

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RE: ARE WE NOW IN THE END TIMES?
2/16/2016 8:56:57 PM

RUSSIA TO LAUNCH AIRSTRIKES ON TURKISH, SAUDI TROOPS IN SYRIA


There was no warning when Turkey shot down Russian Su-24 war plane in Syria, late last year. But Russia is giving both countries the chivalric courtesy just the same.

The geopolitical chessboard has never been as dramatic and intense as this one.

1029796660

“TEHRAN (FNA)- Former Head of Russia’s Federal Security Service Nikolai Kovalyov warned Turkey and Saudi Arabia against sending ground troops to Syria, saying that Russian warplanes are likely to launch airstrikes on their positions if they deploy in the war-torn country.

“The Turkish and Saudi officials are well aware that in case of deployment of their forces in the Syrian territories, the Russian air force will likely bomb them,” Kovalyov, also a member of the State Duma’s security and resistance to corruption committee, was quoted as saying by al-Mayadeen news channel on Tuesday.

If the Saudi and Turkish ground forces enter Syria, they cannot be distinguished from the terrorists and Russia will act upon the demand of the legal Syrian government,” he added.

His remarks came after Saudi Arabia and Turkey said they plan to send ground forces to Syria.

The idea of Riyadh’s possible participation in ground operations in Syria was first raised on February 4 by Ahmed Asiri, a spokesman for the Saudi Defense Ministry.

Turkey and Saudi Arabia are also both part of an effort to create an alleged “Islam Army,” ostensibly aimed at combating terrorism in the region and consisting of 34 Sunni Islam nations.

Almost the entire range of extremist and terrorist groups are supported by Saudi Arabia and Turkey, with their key commanders and leaders being Saudi nationals. ISIL, Al-Nusra and other extremist groups pursue the same line of ideology exercised and promoted by Saudi Arabia, Wahhabism. Hundreds of Saudi clerics are among the ranks of ISIL and Al-Nusra to mentor the militants.

Wahhabism is now the only source of the textbooks taught at schools in the self-declared capital of the ISIL terrorist group, Raqqa, in Northeastern Syria resembling the texts and lessons taught to schoolgoers in Saudi Arabia. The Wahhabi ideology, an extremist version of Sunni Islam that is promoted almost only in Saudi Arabia, sees all other faiths – from other interpretations of Sunni Islam to Shiism, Christianity and Judaism – as blasphemy, meaning that their followers should be decapitated as nonbelievers.

Early in February, the Saudi Defense Ministry said it stood ready to deploy ground troops to Syria to allegedly aid the US-led anti-ISIL, also known as Daesh, coalition.

Riyadh has been a member of the US-led coalition that has been launching airstrikes against Daesh in Syria since September 2014,without the permission of Damascus or the United Nations. In December 2015, Saudi Arabia started its own Muslim 34-nation coalition to allegedly fight Islamic extremism.

Daesh or ISIL/ISIS is a Wahhabi group mentored by Saudi Arabiaand has been blacklisted as a terrorist group everywhere in the world, including the United States and Russia, but Saudi Arabia.

Damascus, Tehran and Moscow have issued stern warnings to Riyadh, stressing that the Saudi intruders, who in fact intend to rescue the terrorists that are sustaining heavy defeats these days, will be crushed in Syria.

Syrian Foreign Minister Walid Muallem warned that any ground operation in Syria without Damascus’ approval is an “act of aggression”, warning that the Saudi aggressors “would go back home in coffins”.

In Tehran, Commander of the Islamic Revolution Guards Corps (IRGC) Major General Mohammad Ali Jafari said Saudi Arabia doesn’t have the guts to send its armed forces to Syria.

“They claim they will send troops (to Syria) but I don’t think they will dare do so. They have a classic army and history tells us such armies stand no chance in fighting irregular resistance forces,” Jafari said.

“This will be like a coup de grâce for them. Apparently, they see no other way but this, and if this is the case, then their fate is sealed,” he added.

Jafari, said this is just cheap talks, but Iran welcomes the Saudi decision if they decide to walk on this path.

http://en.farsnews.com/newstext.aspx?nn=13941127000182

For the last three days Turkey has been shelling Syrian troops inside Aleppo to provide cover to trapped Daesh terrorists. This is probably the most undeniable proof of Erdogan’s complicity to global terror enterprise which he is also using to blackmail Germany and the rest of the EU.

A Syrian man runs for cover as smoke rises from buildings nearby following a reported bombing attack, Aleppo, Syria (file photo)

“The Turkish artillery has been massively shelling Syrian troops and patriotic opposition in border areas since last week, with over 100 valleys registered in the Aleppo province, the Russian Defense Ministry’s spokesperson told journalists on Tuesday.

“Since last week, Turkey’s heavy artillery has been shelling Syrian troops and patriotic opposition in border areas. According to reconnaissance, the Turkish artillery has fired more than 100 valleys at border residential areas in the Aleppo province,” Maj. Gen. Igor Konashenkov said.

On Saturday, Turkish forces began shelling the positions of Kurdish People’s Protection Units (YPG) in Syria’s Aleppo region.

Turkish forces bombed a village and an airbase that were recently captured by Kurds, Al Mayadeen TV reported Saturday. Prior to being captured by the YPG, the village and the airbase belonged to al-Nusra Front terrorist organization.”

http://sputniknews.com/middleeast/20160216/1034852920/turkey-shells-aleppo-artillery.html

Aside from from the fiat monetary scam and blood-soaked petrodollar, another significant source of funds for the Nazionist Khazarian Mafia is the “healthcare” industry which registered a whopping $3.09 trillion in 2014, and is projected to soar to $3.57 trillion in 2017, in the US alone. We believe that this is just a conservative figure.

We can avoid using drugs, defeat any viral attack and scaremongering, like the Zika virus, easily by knowing how to build our own comprehensive antiviral system. Find more about it here.


(http://geopolitics.co/)

"Choose a job you love and you will not have to work a day in your life" (Confucius)

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Luis Miguel Goitizolo

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RE: ARE WE NOW IN THE END TIMES?
2/17/2016 10:42:53 AM

ISIS is broke, and only accepting payments in US dollars





Militants of the Islamic State group hold up their weapons and wave its flags on their vehicles in a convoy in Raqqa, Syria, in this undated photo.
Photo: AP

BEIRUT — Faced with a cash shortage in its so-called caliphate, the Islamic State group has slashed salaries across the region, asked Raqqa residents to pay utility bills in black market American dollars, and is now releasing detainees for a price of $500 a person.

The extremists who once bragged about minting their own currency are having a hard time meeting expenses, thanks to coalition airstrikes and other measures
that have drained millions from their finances since last fall. Having built up loyalty among militants with good salaries and honeymoon and baby bonuses, the group has stopped providing even the smaller perks: free energy drinks and Snickers bars.

Necessities are dwindling in its urban centers, leading to shortages and widespread inflation, according to exiles and those still suffering under its rule. Interviews gathered over several weeks included three exiles with networks of family and acquaintances still in the group’s stronghold in Raqqa, residents in Mosul, and analysts who say IS is turning to alternative funding streams, including in Libya.

In Raqqa, the group’s stronghold in Syria, salaries have been halved since December, electricity is rationed, and prices for basics are spiraling out of reach, according to people exiled from the city.

Watch millions in ISIS cash get blown up by a US airstrike:



“Not just the militants. Any civil servant, from the courts to the schools, they cut their salary by 50 percent,” said a Raqqa activist now living in the Turkish city of Gaziantep, who remains in close contact with his native city. But that apparently wasn’t enough to close the gap for a group that needs money to replace weapons lost in airstrikes and battles, and pays its fighters first and foremost. Those two expenses account for two-thirds of its budget, according to an estimate by Aymenn Jawad al-Tamimi, a researcher with the Middle East Forum who sources Islamic State documents.

Within the last two weeks, the extremist group started accepting only dollars for “tax” payments, water and electric bills, according to the Raqqa activist, who asked to be identified by his nom de guerre Abu Ahmad for his safety. “Everything is paid in dollars,” he said. His account was bolstered by another ex-Raqqa resident, who, like Ahmad, also relies on communications with a network of family and acquaintances still in the city.

Al-Tamimi came across a directive announcing the fighters’ salary cuts in Raqqa: “On account of the exceptional circumstances the Islamic State is facing, it has been decided to reduce the salaries that are paid to all mujahedeen by half, and it is not allowed for anyone to be exempted from this decision, whatever his position.”

Those circumstances include the dramatic drop in global prices for oil — once a key source of income — airstrikes that have targeted cash stores and oil infrastructure, supply line cuts, and crucially, the Iraqi government’s decision to stop paying civil servants in territory controlled by the extremists.

Modal Trigger
A coalition airstrike destroys an ISIS cash and finance distribution center near Mosul, Iraq.Photo: EPA

A Russian-backed Syrian government offensive in Aleppo province, where IS controls major towns including Manbij, Jarablus and al-Bab, is also putting pressure on IS. Government troops and allied militiamen have advanced toward the town, considered an IS bastion, leading many militants to send their families to Raqqa.

An exile from al-Bab said low-level fighters there have begun to grumble, and townspeople have overheard Islamic State officials discussing crippling airstrikes on oil infrastructure in Syria and Iraq and the cutoff of supply lines and revenue sources. The resident, who asked only that his first name, Oussama, be used because he still has family in the city, said dozens of residents of al-Bab have fled, ignoring orders from the extremists.

“You can sense the frustration, their morale is down,” Oussama said of the fighters.

A former Raqqa resident now living in Beirut said Syrians abroad are sending remittances in dollars to cover skyrocketing prices for vegetables and sugar. The resident, whose wife and baby still live in the city, did not want his name used for their safety. One of the other ex-residents, now living in Gaziantep, Turkey, said the road to Mosul was cut off late last year, and prices have risen swiftly — gas is up 25 percent, meat up nearly 70 percent, and sugar prices have doubled.

‘You can sense the frustration, their morale is down.’

- Oussama, a former resident of Aleppo province

In Iraq, where Islamic State has slowly been losing ground over the past year, the Iraqi government in September cut off salaries to government workers within territory controlled by the extremists, after months of wavering about the humanitarian costs paid by those trapped in the region. Iraqi officials estimate that Islamic State taxed the salaries at rates ranging from 20 to 50 percent, and analysts and the government now estimates a loss of $10 million minimum each month. Between the loss of that money and the US-led bombing of cash warehouses, American officials are optimistic that the effect could diminish Islamic State’s wealth.

“We are seeing our efforts having some effect on their financial flows. And it’s difficult to get a handle on just how much because of the different illicit ways in which they are handling their finances, but you’ve seen the efforts that our military has taken to take out cash storage sites, and I think it is our hope and expectation that that will have demonstrable effects. On what order of magnitude, I think it’s difficult to say,” said Lisa Monaco, President Barack Obama’s counterterrorism adviser.

In the Iraqi city of Fallujah, fighters who once made $400 a month aren’t being paid at all and their food rations have been cut to two meals a day, according to a resident. The account of the resident, who spoke on condition of anonymity for fear of death at the hands of extremists, was supported by that of another family trapped in Fallujah that said inhabitants can only leave the city if they pay $1,000 — a sum well beyond the means of most in the Sunni-majority city that was the first in Iraq to fall to Islamic State in 2014.

IS is also allowing Fallujah residents to pay $500 for the release of a detainee, the family in Fallujah told the AP, saying that they believed the new policy was put in place to help the group raise money — a system akin to bail.

Mosul residents contacted by AP say IS has begun fining citizens who do not adhere to its strict dress code, rather than flogging them as before. The residents say they believe this is in response to financial problems in part because the group has already confiscated anything valuable, namely cars and other goods that are later resold in Syria.

American officials have said fighters are more constricted in their movements and spending than they have been in months. But the group still controls a vast amount of territory, and they say the Syrian government has made few gains against the extremists themselves. Islamic State, meanwhile, keeps up its deadly combination of threats and payments for anyone wavering in their support.

The Soufan Group, in a Jan. 27 analysis, said the group is looking for alternative funding streams in Libya, where it is under less pressure — and doesn’t face airstrikes. And fighters still get their food baskets and free electricity — even if, as one of the Raqqa exiles said, they no longer get Snickers bars and energy drinks.

“I don’t think this is fatal for IS,” said al-Tamimi. “I still don’t see internal revolt as what’s going to be the outcome. It’s more like a scenario of gradual decay and decline.”


"Choose a job you love and you will not have to work a day in your life" (Confucius)

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