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BRICS Announce $100 Billion Reserve To Bypass Fed, Developed World Central Banks

Tyler Durden's picture




 

As we suggested last night, the anti-dollar alliance among the BRICS has successfully created a so-called "mini-IMF" since the BRICS are clearly furious with the IMF as it stands currently: this is what the world's developing nations just said on this topic "We remain disappointed and seriously concerned with the current non-implementation of the 2010 International Monetary Fund (IMF) reforms, which negatively impacts on the IMF’s legitimacy, credibility and effectiveness."

As Putin explains, this is part of "a system of measures that would help prevent the harassment of countries that do not agree with some foreign policy decisions made by the United States and their allies." Initial capital for the BRICS Bank will be $50 Billion - paid in equal share among the 5 members (with a contingent reserve up to $100 Billion) and will see India as the first President. The BRICS Bank will be based in Shanghai and chaired by Russia. Simply put, as Sovereign Man's Simon Black warns, "when you see this happen, you’ll know it’s game over for the dollar.... I give it 2-3 years."

  • BRICS MINISTERS SIGN DEVELOPMENT BANK AGREEMENT
  • INITIAL SUBSCRIBED CAPITAL OF BRICS BANK IS $50 BLN: STATEMENT

A quick take on existing monetary policy.

  • MONETARY POLICY MUST BE CAREFULLY CALIBRATED: BRICS STATEMENT

The punchline, however, is that using bilateral swaps, the BRICS are effectively disintermediating themselves from a Fed and other "developed world" central-bank dominated world and will provide their own funding.

We are pleased to announce the signing of the Treaty for the establishment of the BRICS Contingent Reserve Arrangement (CRA) with an initial size of US$ 100 billion. This arrangement will have a positive precautionary effect, help countries forestall short-term liquidity pressures, promote further BRICS cooperation, strengthen the global financial safety net and complement existing international arrangements.... The Agreement is a framework for the provision of liquidity through currency swaps in response to actual or potential short-term balance of payments pressures. 

Incidentally, the role of the dollar in such a world is, well, nil.

For those who have forgotten who the BRICS are, aside from a droll acronym by a former Goldman banker, here is a reminder of the countries that make up 3 billion in population.

Key excerpts from the Full statement:

We remain disappointed and seriously concerned with the current non-implementation of the 2010 International Monetary Fund (IMF) reforms, which negatively impacts on the IMF’s legitimacy, credibility and effectiveness. The IMF reform process is based on high-level commitments, which already strengthened the Fund's resources and must also lead to the modernization of its governance structure so as to better reflect the increasing weight of EMDCs in the world economy. The Fund must remain a quota-based institution. We call on the membership of the IMF to find ways to implement the 14th General Review of Quotas without further delay. We reiterate our call on the IMF to develop options to move ahead with its reform process, with a view to ensuring increased voice and representation of EMDCs, in case the 2010 reforms are not entered into force by the end of the year. We also call on the membership of the IMF to reach a final agreement on a new quota formula together with the 15th General Review of Quotas so as not to further jeopardize the postponed deadline of January 2015.

 

BRICS, as well as other EMDCs, continue to face significant financing constraints to address infrastructure gaps and sustainable development needs. With this in mind, we are pleased to announce the signing of the Agreement establishing the New Development Bank (NDB), with the purpose of mobilizing resources for infrastructure and sustainable development projects in BRICS and other emerging and developing economies. We appreciate the work undertaken by our Finance Ministers. Based on sound banking principles, the NDB will strengthen the cooperation among our countries and will supplement the efforts of multilateral and regional financial institutions for global development, thus contributing to our collective commitments for achieving the goal of strong, sustainable and balanced growth.

 

The Bank shall have an initial authorized capital of US$ 100 billion. The initial subscribed capital shall be of US$ 50 billion, equally shared among founding members. The first chair of the Board of Governors shall be from Russia. The first chair of the Board of Directors shall be from Brazil. The first President of the Bank shall be from India. The headquarters of the Bank shall be located in Shanghai. The New Development Bank Africa Regional Center shall be established in South Africa concurrently with the headquarters. We direct our Finance Ministers to work out the modalities for its operationalization.

 

We are pleased to announce the signing of the Treaty for the establishment of the BRICS Contingent Reserve Arrangement (CRA) with an initial size of US$ 100 billion. This arrangement will have a positive precautionary effect, help countries forestall short-term liquidity pressures, promote further BRICS cooperation, strengthen the global financial safety net and complement existing international arrangements. We appreciate the work undertaken by our Finance Ministers and Central Bank Governors. The Agreement is a framework for the provision of liquidity through currency swaps in response to actual or potential short-term balance of payments pressures.

Goodbye visions of an SDR-world currency. As for the USD...

 

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Tue, 07/15/2014 - 15:09 | 4960081 Manthong
Manthong's picture

My neat turds and commode resent your equating that steaming pile of barnyard jackass dung with them.

Tue, 07/15/2014 - 16:19 | 4960375 Mr Pink
Mr Pink's picture

Yeah, that's an awful thing to say about a turd. Besides the unpleasant odor what has a turd ever done to you? They don't steal from you. They don't murder anyone.....well..except for those Chinese folks trying to save their iphone

Tue, 07/15/2014 - 17:26 | 4960560 Pure Evil
Pure Evil's picture

OK,..............I guess it was the racial animus Holder was talking about that made me say what I said.

Like Obama, nothing is ever my fault.

Wed, 07/16/2014 - 00:27 | 4961678 Eahudimac
Eahudimac's picture

Speaking of, I feel a pressure down below telling me it's time to drop Obama off at the white house. 

Tue, 07/15/2014 - 14:53 | 4959991 Eirik Magnus Larssen
Eirik Magnus Larssen's picture

An interesting turn of events to be sure. The BRICS are beginning to hedge themselves for a time when the dollar's hegemony will come to an end.

Tue, 07/15/2014 - 15:01 | 4960001 Kaiser Sousa
Kaiser Sousa's picture

this of course MUST be bad for the only 2 forms of real money...

and BULLISH for the debt coupon dollar and all its other worthless paper derivitives...

 

http://www.kitco.com/charts/livesilver.html

 

Wed, 07/16/2014 - 02:05 | 4961798 shouldvekilledthem
shouldvekilledthem's picture

Mr Sourza, if you have any healthy braincells left you should know that the only real money is Bitcoin. :)

 

Tue, 07/15/2014 - 14:57 | 4960016 theXman
theXman's picture

If USD is being inflated and mismanaged, which is true to certain extent, then RMB is only much worse. When I lived in China in the late 70's, a popsicle was selling for 3 cents, today the same stuff is selling for 2 yuans, or 200 cents. Money printing in China has been at a much faster pace relatively because central banks in China is a obedient servant of the poliburo. 

Tue, 07/15/2014 - 15:07 | 4960072 Kaiser Sousa
Kaiser Sousa's picture

"he who owns the gold...."

Wed, 07/16/2014 - 06:52 | 4961969 Tall Tom
Tall Tom's picture

...make the rulez and enforces da rulez with da Gunz that he ownz and hirez.

 

Hirez? Yeah. Youz gots that right. Everyone must sleep sometimes.

Tue, 07/15/2014 - 17:16 | 4960542 post turtle saver
post turtle saver's picture

yawn, I've already mocked this pathetic gesture...

Tue, 07/15/2014 - 20:45 | 4961063 drendebe10
drendebe10's picture

They're stickin it to the print print print corrupt arrogant  Fed and the spend spend spend corrupt elected ruling elite azzhoes. Hahaha.  Fukem all.

Tue, 07/15/2014 - 21:04 | 4961176 Jerk_Store
Jerk_Store's picture

Killing is softly

Tue, 07/15/2014 - 21:25 | 4961235 asmith2
asmith2's picture

If it's not for precious metal production, can anyone hazard a guess why SA is in the BRIC consortium?

Wed, 07/16/2014 - 01:20 | 4961754 JuliaS
JuliaS's picture

To bypass the Fed they'd have to start off with $700B+ and then inject $100B+ monthly.

Wed, 07/16/2014 - 04:00 | 4961872 Offthebeach
Offthebeach's picture

Once one kid gets a never run out printing press, then everyone wants one.

Anyhow, amongst the BRIC oligarchs, this will free up worthless dollars, once used inter BRIC clesring. Long New York/London property, Gulfstreams, US equities...

Tue, 07/15/2014 - 14:43 | 4959925 bitterwolf
bitterwolf's picture

Yup,

Tue, 07/15/2014 - 14:42 | 4959927 PlusTic
PlusTic's picture

Fukkin A...a little competition for the western crime syndicate

Tue, 07/15/2014 - 14:42 | 4959928 Stoploss
Stoploss's picture

Boy, that escalated quickly.....

Tue, 07/15/2014 - 14:43 | 4959931 Bunga Bunga
Bunga Bunga's picture

They use US-Dollar? LOL

Tue, 07/15/2014 - 14:43 | 4959934 bitterwolf
bitterwolf's picture

Yup, now everyone on the "block" has a world bank and their own preferred trading currency=mad max scenario, ergo, new global currency, worldbank coming soon to a bank deposit near you.

Tue, 07/15/2014 - 14:44 | 4959939 GovernmentMule
GovernmentMule's picture

Only suprise is that it took this long...

Tue, 07/15/2014 - 14:46 | 4959947 davidalan1
davidalan1's picture

Anyone see a pattern?

Tue, 07/15/2014 - 18:15 | 4960674 Raging Debate
Raging Debate's picture

DavidAlan - Yes I do, I have been told I make a good analyst. Having each little "Rome" of 80 year Central Bank model and splitting off into Carthage intentionally is quite interesting.

I believe I have made more comments here about the Yuan becoming the reserve currency more than anything else. There are geopolitical risks and possible betrayals in this process. Don't expect me to live near any makor metros before 2021. But I will not live my life in fear. Make some hay while the sun still shines a little and keep hedging. I like the idea of learning new skills people bring up here in self-sufficiency.

Now I know that sounded cryptic but I am very optomistic about mankinds future, just not so much over the next several years. Look after one another and God bless.

The year of the Dragon was 2012. 2015 is the year of the Ram. Google that. It is Interesting so many ancient cultures pointed to this season. 2012 was also the year of the beginning of the Age of Aquarius. I know, I know some of you just think it is all gibberish. There are also lots of cycles that are 8 years, Martin Armstrong understand these also. Sometimes, all one can do is mitigate loss in these things. We're soon to enter a golden age but buckle up for awhile.

Tue, 07/15/2014 - 21:07 | 4961184 Jerk_Store
Jerk_Store's picture

DavidAlan - Yes I do, I have been told I make a good analyst

Who told you that? Your mom?

Tue, 07/15/2014 - 14:47 | 4959951 Racer
Racer's picture

Absolutely fantastic, give the US bully what for!

Tue, 07/15/2014 - 14:49 | 4959952 JustObserving
JustObserving's picture

The Vietnam war which cost only $738 billion in 2011 dollars and forced the US off the gold standard on August 15, 1971 while the wars in Iraq and Afghanistan cost $6000 billion.

It is miracle that the dollar has not collapsed. Perhaps, the complete falsification of US economic data and daily interventions by the Fed have saved the dollar so far.  But the day or reckoning is not so far off now.

The decade-long American wars in Afghanistan and Iraq would end up costing as much as $6 trillion, the equivalent of $75,000 for every American household, calculates the prestigious Harvard University’s Kennedy School of Government.

http://www.globalresearch.ca/us-wars-in-afghanistan-iraq-to-cost-6-trill...

Tue, 07/15/2014 - 14:50 | 4959974 El Vaquero
El Vaquero's picture

Don't forget the Great Society.

Tue, 07/15/2014 - 14:53 | 4959990 Pure Evil
Pure Evil's picture

You gotta add in Obamacare too sport.

Tue, 07/15/2014 - 15:24 | 4960147 seek
seek's picture

And corporate subsidies, and the impact of ZIRP being used to keep banks solvent while inflating asset prices, and inflation not counted in the CPI and...and...

The USD is utterly fucked, which just means that last 3 cents of value it's retained since 1913 goes away.

Wed, 07/16/2014 - 00:41 | 4961703 Freddie
Freddie's picture

...calculates the prestigious Harvard University’s Kennedy School of Government.

 Harvard = school for NWO stooges.  The irony is the calculations of war by the Kennedy school named after the guy they (LBJ-MIC-et al) killed to get the Vietnam War really going.  I do not like the Kennedy klan but LBJ and his ilk are the devil.

Tue, 07/15/2014 - 14:47 | 4959954 bob resurrected
bob resurrected's picture

Dollar hits a BRIC wall?

Tue, 07/15/2014 - 14:56 | 4960003 krispkritter
krispkritter's picture

Like a BRIC house...

Tue, 07/15/2014 - 15:19 | 4960130 ChartreuseDog
ChartreuseDog's picture

The wolf came to the house made of paper, and he huffed, and he puffed, and he blew the house down.

Then he came to the house made of BRIC...

Tue, 07/15/2014 - 15:49 | 4960258 Greenskeeper_Carl
Greenskeeper_Carl's picture

I don't think the house of BRICS is going to be made of anything but paper either. Just a different form of paper so they can escape the maze of rules involved in transacting with US paper.

Tue, 07/15/2014 - 16:23 | 4960391 Dr. Richard Head
Dr. Richard Head's picture

I venture a guess that you are probably right, as no government does not want to control the currency of its subjects.  Either way, it is good to see a decentralization of economies.

Tue, 07/15/2014 - 14:50 | 4959972 Eyeroller
Eyeroller's picture

Right on time for Christine Can-Tanned's prediction of a 'reset'.

Tue, 07/15/2014 - 14:52 | 4959976 Racer
Racer's picture

Hang on a sec,

"capital of US$ 100 billion. The initial subscribed capital shall be of US$ 50 billion,"

Why the F are they talking in toilet paper 'money'?

Tue, 07/15/2014 - 15:17 | 4960119 NOTaREALmerican
NOTaREALmerican's picture

Sounds better than 50 billion bricks.

Tue, 07/15/2014 - 14:51 | 4959979 HamRove
HamRove's picture

2% interest. Why wouldn't they just jack that up as soon as the Dollar looks dead enough. 

Usury is evil.  

Tue, 07/15/2014 - 14:52 | 4959980 asking4it2k
asking4it2k's picture

Im sick of hearing about these BRICS countries.

The US could impose an import tariff like China does and their economies would collapse. They need US consumers to buy things or they cant survive, especially China.

Tue, 07/15/2014 - 15:00 | 4960028 blabam
blabam's picture

Yeah they need our worthless dollar treasuries (which they can't sell)  to survive!!! 

Tue, 07/15/2014 - 15:14 | 4960103 Gringo Viejo
Gringo Viejo's picture

Import tariff? They need us to buy?
That ship has sailed pardner.

Tue, 07/15/2014 - 15:14 | 4960104 oddjob
oddjob's picture

Unfortunately for you China's largest export market is Europe. Better get back to the drawing board.

Tue, 07/15/2014 - 19:37 | 4960957 DaveyJones
DaveyJones's picture

let's do the math, 350 million of us, 7 billion of them

bonus question: is our economy on the decline?

Tue, 07/15/2014 - 22:58 | 4961486 falconflight
falconflight's picture

don't know why so many junked this comment.  The US Gov't and their corporate partners savaged the manufacturing economy here in exchange for the world's purchasing of our debt  A quid pro quo.

Tue, 07/15/2014 - 14:51 | 4959982 ekm1
ekm1's picture

House, Senate and US Military must and will order the Fed to extinguish $20+ trillion USD.

There are at least $60 trillion sloshing around, just too too much.

 

Triple Lehman is inevitable and has been imminent since May 2013.

 

Next: Attack on Assad and Khamenei

 

DE-DOLLARISATION WILL NEVER HAPPEN WITHOUT A MAJOR WAR.

Tue, 07/15/2014 - 16:13 | 4960353 ekm1
ekm1's picture

This news explains the premature collapse of Iran talks today.

 

Major, major, major, major war is imminent whether Obama likes it or not. He has no choice now.

Tue, 07/15/2014 - 14:52 | 4959983 HamRove
HamRove's picture

2% interest. Why wouldn't they just jack that up as soon as the Dollar looks dead enough. 

Usury is evil.  

Tue, 07/15/2014 - 14:54 | 4959993 Tjeff1
Tjeff1's picture

Not a whisper from the lamestream media.  Infact our mental midget congress could not even muster a singe question about this to Yellen this morning.  

Tue, 07/15/2014 - 15:02 | 4960038 Eyeroller
Eyeroller's picture

Every Senator has shares of SPY.  They will dump these shares once the Ponzi Munchkin gives the wink that the "controlled pullback" is about to begin.  In return, she is to only be asked softball questions during Senate appearances.

Tue, 07/15/2014 - 15:16 | 4960111 Kaiser Sousa
Kaiser Sousa's picture

"Not a whisper from the lamestream media. "
shocking, aint it...

Tue, 07/15/2014 - 14:55 | 4959997 delivered
delivered's picture

Would have felt better if the $100 billion in USD was not referenced but rather say the equivalent in say, renmimbi. This would have sent even a lounder and more profound message. Just can't seem to get off the USD references just quite yet but this may be for a very good reason. These countries still need to unload a shit load of USDs and USTs as they don't want to be left holding the entire bag. My guess is that they are willing to take some hits on losing value with held USDs and USTs but still would like to diversify a good chunk of their holdings over the next couple of years. I would expect to see a continued acceleration of diversification from USDs and USTs into real assets, from lumber to gold to oil to manufacturing to agricultural to you name it, in order to ensure real assets are owned that will benefit their social and economic systems for decades to come. Fairly sure some fruit grown in South America is going to taste a whole lot better than a "Benny" Bill from the US by 2020.

Tue, 07/15/2014 - 14:56 | 4960002 Canucklehead
Canucklehead's picture

Once Russia has shipped gold to Shanghai, do you think China will give any money back to Russia? Will Russia ever see it's gold again?

Tue, 07/15/2014 - 14:56 | 4960004 holdbuysell
holdbuysell's picture

"Goodbye visions of an ADR-world currency."

Tyler, this is important, so want to make sure you meant SDR, correct?

Tue, 07/15/2014 - 14:56 | 4960005 Itchy and Scratchy
Itchy and Scratchy's picture

Good move!

Tue, 07/15/2014 - 14:56 | 4960007 Frostfan1
Frostfan1's picture

The BRICs?  Please that's like 4 California housing developers joining forces in 2007 to build a housing development in Fresno.   Bon Voyage!!!!!

Tue, 07/15/2014 - 15:06 | 4960062 Agent P
Agent P's picture

CRIBS?

Tue, 07/15/2014 - 15:15 | 4960088 NotAMathWhiz
NotAMathWhiz's picture

For 2012 GDP comparison (in millions, USD), easiest values I could find quickly (source IMF and BEA):

US - $16,240,675

BRICS - $13,708,133

BRICS GDP = 84% US GDP.  This should be a wake up call to all of those arrogant enough to believe that the US$ will be the global reserve currency forever.

Tue, 07/15/2014 - 15:27 | 4960170 seek
seek's picture

Even more important is the fact the the BRICS represent most of the economic growth that occurs now.

Since the ponzi depends on growth more than the base, this seriously amplifies the impact that the BRICS can have on the USD.

Tue, 07/15/2014 - 15:37 | 4960208 Winston Churchill
Winston Churchill's picture

Bollocks.

We all know the Govt. has been lying on the gdp deflator for decades.

I doubt US gdp is $10tn and so does the Chinese rating agency which

puts it at $6tn ex financialization.thats a gdp/ current Deficit of 100% per year,on a GAAP

basis.

The emperor is naked for all to see.

Tue, 07/15/2014 - 15:43 | 4960231 JustObserving
JustObserving's picture

If we exclude the factor of virtual economy, the U.S. actual GDP is about 5 trillion U.S. dollars in 2009, per capita GDP about $ 15,000. Meanwhile, the total domestic consumption was 10.0 trillion U.S. dollars and government expenditure was 4.5 trillion U.S. dollars.

http://www.businessinsider.com/china-dagong-us-gdp-2010-11

Tue, 07/15/2014 - 18:10 | 4960688 Flagit
Flagit's picture

Incorrect, they will delcare half of the globe part of Mars to insure the other half belongs to the $.

Tue, 07/15/2014 - 14:57 | 4960009 Madcow
Madcow's picture

Isn't there an executive order that can stop this?

Tue, 07/15/2014 - 15:34 | 4960195 quasimodo
quasimodo's picture

Yes, there certainly is, the bigger question however would be this; would anyone not shit their pants after laughing so hard at reading such a proclamation.

Tue, 07/15/2014 - 16:14 | 4960359 _ConanTheLibert...
_ConanTheLibertarian_'s picture

Draw a red line goddammit!

Tue, 07/15/2014 - 14:58 | 4960011 NOTaREALmerican
NOTaREALmerican's picture

In Red White and Blue trunks,  weighing in at 100 bazillion Fiat bucks,  and a reach of 18 battle-groups,    Janet "The Fed" Yellen.

(Crowd chears)

In the Yellow trunks,  100 billion (was that billion? Really),  and a reach of (what?   Really,  ok ok).   uh.   The Brrrrrrr-ICKS !!

(Crowd goes silent)

 

Tue, 07/15/2014 - 15:26 | 4960164 cougar_w
cougar_w's picture

It's a valid point, but I wonder how much use those assets are now. Is the US going to keep the entire rusted and decrepit BAU global facade up forever by burning treasure for foreign adventures? America will bleed itself dry trying to "battle group" the current situation. All these others have to do is sit back and wait for the US to implode, then swoop in and pick over any good bits that are left.

Tue, 07/15/2014 - 15:31 | 4960185 MsCreant
MsCreant's picture

It does not matter how far your reach is or how much printing press action you have going if the folks at the helm of the machine are intent on driving it into the ditch.

Tue, 07/15/2014 - 15:51 | 4960267 css1971
css1971's picture

You seem to be under the impression those 18 battle groups are an asset and not a liability.

"generals always fight the last war, especially if they have won it"


Tue, 07/15/2014 - 14:57 | 4960012 Latitude25
Latitude25's picture

I think Argentina could use that $100 billion to pay off some creditors right now.

Tue, 07/15/2014 - 22:51 | 4961474 falconflight
falconflight's picture

how many times has that gov't defaulted?

Tue, 07/15/2014 - 14:57 | 4960017 Fix-ItSilly
Fix-ItSilly's picture

This isn't necessarily anti-dollar. Fundamentally, it is but a bank of dubious standing supporting a handful of BRIC Central Banks which support BRIC sovereigns and banks. It's but another layer of obfuscating banking which may further legitimize the dollar hoards at BRIC central banks by locking them down and avoiding their leaking into the economy to ignite prices. Now the renminbi will perform the inflation lifting...

Tue, 07/15/2014 - 15:31 | 4960186 bitterwolf
bitterwolf's picture

Renminbi shimbi, USD is running screaming out of PRC to the Homeland for safe haven of their teetertottering .000000001 elite and the rest of population a  bleeding middle class and fucking dirt farmers staring at "Ghost" cities. BTW their ALL men....

The PRC elite murdered a generation of females.Central planning is a mofo.

 

So BRIC starts a "bank" with some other nations currency and they are going use said nations currency like the "FED" would??? A junior FED outside the control of the FED??So the FED can't contol their own currency??

NO.FED could change money and what would jr. FED do then?

You dont double down in a losing currency...you dump it. This is big time CHESS. Period.

Tue, 07/15/2014 - 16:52 | 4960488 Canucklehead
Canucklehead's picture

These BRIC guys are playing big time geopolitical "GO FISH".

Tue, 07/15/2014 - 14:58 | 4960018 Frostfan1
Frostfan1's picture

I'll trade you some copper inventory in China and a computer software company in India for a minority interest in a Russian oilfield and a piece of a  Brazilian sugar company.  Uh pass............

Tue, 07/15/2014 - 22:50 | 4961465 falconflight
falconflight's picture

How bout then some copper inventory derivatives from China?

Tue, 07/15/2014 - 14:58 | 4960021 DOGGONE
DOGGONE's picture

Remaining unspoken is
The Public Be Suckered
http://patrick.net/forum/?p=1230886

Tue, 07/15/2014 - 14:59 | 4960025 Devotional
Devotional's picture

no no no noooooo! US dollar hegemony NOW and FOREVER!!!

oh wait ... wrong site o_O

Tue, 07/15/2014 - 15:00 | 4960027 Al Huxley
Al Huxley's picture

Well, I don't see how they expect to bypass the USD when it's going up and gold's going down.  Looks like they'll soon have no choice but to change their evil ways!  That, or else, hmmm, not sure what the downside will be, but surely the masters of the universe have some plan to make those foreign devils pay for their treachery.

Tue, 07/15/2014 - 15:02 | 4960034 q99x2
q99x2's picture

Movin movin movin. Keep them banksters jumpin.

Putin.

Head em up. march em out.

off the end, make em jump.

Putin.

PS. Up my FAFSA Putin Mutha Fukka.

Tue, 07/15/2014 - 15:02 | 4960042 Bossman1967
Bossman1967's picture

wish this would just show itself already. I'm so tired of hearing crash. people do you think these greedy bastards will let the bricks do this please!!! I hope the awakened it is see the manipulation?

Tue, 07/15/2014 - 15:03 | 4960044 XRAYD
XRAYD's picture

Leverage that $50 bb as Fed has, and you have almost $100 Trillion.

The world economy is $70 tillion, and we have $700 trillino in derivatives!

But hey, there are terrorits, and nukes in Iran that will destroy your portfolio. 

Tue, 07/15/2014 - 15:04 | 4960056 q99x2
q99x2's picture

Also anybody notice how many English accented actors are showing up in films/media?

Down with the Queen that stands upon cloven hooves.

Tue, 07/15/2014 - 15:05 | 4960059 sschu
sschu's picture

I am no expert, but isn't the real issue the currency used to buy oil?  Right now you have to buy oil in dollars if I understand.  Unless this changes, the fact that India trades directly with Brazil using their own currencies seems small potatoes.

This is not good, but until the Saudis with their 10M / bpd and the USA with about the same in oil production is willing to accept some other currency, the dollar hegemony is still alive.

I think we would be better off in the long run without the USD being the reserve currency, but they forgot to ask me.

 

sschu 

Tue, 07/15/2014 - 15:48 | 4960253 Winston Churchill
Winston Churchill's picture

The new Crown prince was in Peking for 10 days earlier this year..

That deal is done,just waiting on the right timing to announce.Prolly Q4

when the FTZ in Shanghai is fully operational and any kinks are worked out.

Oil futures in yuan first.

Tue, 07/15/2014 - 16:20 | 4960382 sschu
sschu's picture

Is that for use of the new bank or for direct exchange with the Chinese and Saudis? 

What currency will the Saudis accept for their oil?  If they get "Yuan", what do they do with it besides buy stuff from China? 

The Saudis accepting currency other than dollars does not make a lot of sense to me …... yet.

 

sschu

Tue, 07/15/2014 - 16:50 | 4960484 Winston Churchill
Winston Churchill's picture

Any major one I'm thinking, though the dollar price will probably double as it

did after the Nixon shock.A 50% devaluation to start.

Wed, 07/16/2014 - 04:00 | 4961873 jonytk
jonytk's picture

"Yuan", what do they do with it besides buy stuff from China?

i don't know, buy stuff from China?

Tue, 07/15/2014 - 17:55 | 4960645 bitterwolf
bitterwolf's picture

Not gonna turn out like ya think...no checkmate yet...

Tue, 07/15/2014 - 22:47 | 4961459 falconflight
falconflight's picture

Yup

Tue, 07/15/2014 - 15:07 | 4960060 XRAYD
XRAYD's picture

Leverage that $50 bb as Fed has, and you have almost $100 Trillion.

The world economy is $70 tillion, and we have $700 trillino in derivatives!

But hey, there are terrorits, and nukes in Iran that will destroy your portfolio. 

 

Theh have 2.5 BILLION people. 9 for every one of us. 

And we have $70 trillion in unfunded liabilites, to be coverd by 50% of population working for paltry wages.

 

Tue, 07/15/2014 - 15:06 | 4960064 SillySalesmanQu...
SillySalesmanQuestion's picture

Thanks to the Tylers and ZH for reporting this news as CNBS & the rest of the Presstitutes will see fit not to utter a word of this to the public, as it is not "news"...

Tue, 07/15/2014 - 15:06 | 4960065 Kaiser Sousa
Kaiser Sousa's picture

today...

finally something uplifting...

now, over to the "confirm purchase" key at APMEX...

 

Tue, 07/15/2014 - 15:26 | 4960163 ZeroPoint
ZeroPoint's picture

APMEX buyers will soon be getting letter in the mail from Uncle Sam: 'We know you bought, now turn it in....'.

 

Tue, 07/15/2014 - 15:48 | 4960255 Pheonyte
Pheonyte's picture

There's far more low hanging fruit to grab before they have to start scrounging around for the handful of coins in preppers' pockets.

Tue, 07/15/2014 - 16:05 | 4960326 CCanuck
CCanuck's picture

Well you see Mr Gov..I was heading out the door to go fishing when the delivery arrived. I did not want to turn around, so i threw the boxes in the boat...well you know the rest. I can't believe either..thats 3-4 accidents this year, I must be cursed by the water gods.

 

Tue, 07/15/2014 - 16:18 | 4960372 Kaiser Sousa
Kaiser Sousa's picture

thats right....

be a good little sheep and fear the bankers government...

keep marching towards Terminus...

happiness awaits u.

Tue, 07/15/2014 - 17:56 | 4960649 MrButtoMcFarty
MrButtoMcFarty's picture

Then Uncle Sam will surely see that Au and Ag have not been the only heavy metals delivered recently....

Molon labe.

Wed, 07/16/2014 - 00:13 | 4961659 Eahudimac
Eahudimac's picture

If someone comes knocking at my door I will tell them I traded my gold for crack and donations to Organizing for Action. That should get them off my back. 

Tue, 07/15/2014 - 15:08 | 4960080 JR
JR's picture

The BRICS development finds America in crisis. As other nations rise to serve their own people and national interests, vs. selling out to the American Empire, US leaders are spectacularly weakening American sovereignty and strength.

And all this is happening as Americans get, instead, open borders and Obamacare.

Obama knocks down the gate which kept America sovereign against the Third World; and Congress sells out every day a piece of US sovereignty to Israel.

At the same time instead of strengthing its economy to compete with the BRICS, America's once strong economy, held in the hands and future of its citizens, is being destroyed, completely, by a banking cartel (The Fed) that would have the country's wealth for its own accounts.

Meanwhile, Americans who had felt a loyalty to a cultural, sovereign American are spied on by their own government and plotted against for their potential strength to oppose.

At the root at this crisis, the worst political leader America has ever had, scandal-ridden and arrogant, has embarked on public campaigns to divide America by race and class and to downgrade the country’s sovereignty and to plunder and displace its middle-class to fit as just one nation among many headed toward world government and loss of identify.

The Congress, bought and paid for by the globalists, offers no opposition

Tue, 07/15/2014 - 15:21 | 4960138 AnAnonymous
AnAnonymous's picture

The Indians were what? First world?

'Americans' are globalist by nature.

Tue, 07/15/2014 - 15:57 | 4960293 JR
JR's picture

Could it be that reparations may be in order for the “white man”? Kennewick Man -- Discovery of Ancient Skeleton: Caucasoid Skeleton Predates North American Paleo-Indians by Paula I. Nielson...


In 1996 a skeleton was discovered near the Columbia River in Washington State. It turned out to be over 9300 years old and appeared to be Caucasoid.


Feb 6, 2010: Remnants of a skeleton of a man were found by Will Thomas and Dave Deacy by accident on the shore of the Columbia River near Kennewick, Washington in 1996. At first believed to be from the 19th century as the skull was narrow and appeared to be Caucasoid, radiocarbon dating revealed an ancient origin of the man….

“The artifacts and skeletons of the Clovis people differ from those of the ancestors of Native Americans. For example, bone needles were found near Kennewick Man indicating the sewing of textiles, not used by the early Paleo-Indian populations…

Read more at Suite101: Kennewick Man -- Discovery of Ancient Skeleton: Caucasoid Skeleton Predates North American Paleo-Indians http://archaeological-artifacts.suite101.com/article.cfm/kennewick-man----discovery-of-ancient-skeleton#ixzz0mLlOPpcs

http://archaeological-artifacts.suite101.com/article.cfm/kennewick-man----discovery-of-ancient-skeleton 

Several other ancient skeletons have also been found, such as one from Spirit Cave, Nevada, and Buhl Woman, found in Idaho and dated at 10,675 years, who was described as "more Polynesian than Indian." Many scientist have described these skeletons as "Cacasoid" or "Polynesian" in features.

Regardless, wrote author and historician, Louis L’Amour: “The Indians that the white man met were no more the original inhabitants of the country than were the Normans and Saxons the original inhabitants of England. Other peoples had come and gone before, leaving only their shadows upon the land…”

…which is to say, the Indians drove out others who preceded them in the land that the Pilgrims came to settle.

So much for our “native Americans’” philosophy of brotherly love, spirituality, and quest for peace and sharing with their brothers.

“Indian forever killed Indian long before the coming of the white man…”--  Louis L’Amour

Tue, 07/15/2014 - 17:53 | 4960639 Volkodav
Volkodav's picture

Good post..Already know all that..

not the myths taught in merican school..truth is usually different

Tue, 07/15/2014 - 22:00 | 4961344 drendebe10
drendebe10's picture

It's bigfoot!!!

Tue, 07/15/2014 - 22:44 | 4961454 falconflight
falconflight's picture

Quite fascinating history.  I guess it just proves the point for the umpteenth time that the term indigenous people is relative.

Wed, 07/16/2014 - 03:08 | 4961829 AnAnonymous
AnAnonymous's picture

Who say anything about philosophy of brotherly love, spirituality and quest for peace?

If indeed, the level of violence perpetuated by Indians was enough to legitimize thieving from them, what about 'americans'? Because in terms of brotherly love,spirituality and quest for peace, 'americans' are second to no one... starting from bottom.

That story of the fossil discovered is one of those examples on how 'americans' love to wallow in fantasy.

First, genetics told a different story and second, really, because one guy was apparented to indo europeans, that would mean that any other caucasian have a legitimate claim on the land?

Woooo, what about if one day it is discovered that human kind is apparented to Africans, they would have a legitimate claim on the whole Earth...

The thickness of lies 'americans' are willing to indulge in is only matched by will not to face reality as it is.

'Americans' thieved the land. 'Americans' are thieves at heart.

There is one reason 'americanism' appeals to all the criminal elements in societies around the world. Of all, criminals vote their preference for 'americanism'.

Tue, 07/15/2014 - 16:37 | 4960443 Gadfly
Gadfly's picture

You and many others give Obama too much credit.  He's an errand boy sent by grocery clerks to collect a bill.  Democratics and republicans are interchangeable.  They're all members of the same club --bought and paid for by the central bankers and their vision of one world, which they will own lock, stock, and barrel, and one vast cenral bank in control of everything.   

https://www.youtube.com/watch?v=L_YWFC1HY74

Tue, 07/15/2014 - 18:35 | 4960769 JR
JR's picture

Gadfly, thanks for the link to the Anthony C. Sutton video.   My assignment's cut out for me this evening: it’s the accompanying video of the Anthony C. Sutton lecture on the history of western aid to the Soviet Union; i.e., the West’s deliberate construction of the U.S.S.R. from 1917 to 1976, which mentions the role of the Fed in this conspiratorial plan for a socialist world state!!

It’s all about “Corporate greed undermining the national interest!” Same old, same old.

https://www.youtube.com/watch?v=mEipMmxSlGU

As for Obama, this errand boy, Gadfly, you'll have to admit, is a little different. Few presidents have ever displayed quite the hatred for America's culture, ethnic people and history, and few presidents have ever set out from day one to divide the country and erase her heritage from the face of the earth.

And no grocery clerk errand boy that I've ever seen talks trash, jokes about sex, drinks beer and shoots pool while the country's border is overrun by thousands and thousands of illegals.

But I agree with your "interchangeable" point.

Tue, 07/15/2014 - 17:18 | 4960546 alkaiser
alkaiser's picture

and still sending billions to isreal

Wed, 07/16/2014 - 00:18 | 4961670 falconflight
falconflight's picture

How many billions there most educated and wise one?  how much of that military aid contractually must be spent buying American made military products?  One year of Iraqi military operations circa 2004- 2009 equaled all the "aid" ever extended to the Israelis.  One Year...same goes during the cannon folder Afghani operation ordered by Obama.  

Wed, 07/16/2014 - 00:47 | 4961710 JR
JR's picture

Thanks to Israel’s lobby in the US Congress, Israel already is secretly bristling with hundreds of nuclear weapons, thanks to its cash cow -- the US taxpayer.

As Grant Smith reports, “it is obvious that Tehran (and all Arab capitals) are under a far greater threat of nuclear annihilation than Tel Aviv.

In his article posted in 2013 on Antiwar.com, “The Deadliest Israel Lobby Conspiracy Theories,” Grant wrote:

 “According to Congressional Research Service data, since 1949 US aid to Israel has increased at an average rate of 28% per year, leaping 11.4% from 2010 to 2013. Israel’s lobby is moving to exempt that aid from automatic spending cuts that are being applied to virtually all other U.S. government programs. Yet, according to a 2012 Chicago Council on Global Affairs survey of American public opinion and US foreign policy, the number of Americans who want aid to Israel increased has fallen from 18% in 2002 to only 11% in 2012. Americans wanting aid to stay the same (45%) barely outnumber the 41% who in 2012 said such aid should be decreased or stopped altogether.”

http://original.antiwar.com/smith-grant/2013/04/14/the-deadliest-israel-lobby-conspiracy-theories/ 

Wed, 07/16/2014 - 01:16 | 4961747 falconflight
falconflight's picture

You actually believe that the US gov't provided the technology and materials for its unconfirmed nuclear Sampson option?  Israel expropriated much of what had already been paid for to France whom reneged on the deal.  Maybe, but I think it doubtful, the Israelis stole fissionable materials here in the US.  But there's no evidence that the US Gov't assisted the Israelis in any way, and the evidence shows that the US played very hard ball with them warning of dire consequences should the Israelis be attempting to develop such a capability.  The Israelis did construct an elaborate ruse at the Dimona facility to thwart the inspection by US Officials.  The ruse (false walls/rooms/equipment) was successful.

Tue, 07/15/2014 - 18:34 | 4960766 Raging Debate
Raging Debate's picture

"Competition is a sin, therefore you must destroy it." John D. Rockerfeller

The Central Bank of the United States, the FED is a franchisee of the BIS in Switzerland. There are franchises in all the BRIC countries as well.

Tue, 07/15/2014 - 21:58 | 4961338 drendebe10
drendebe10's picture

Hoo-rah... standing round of applause fir the grossly incompetent arrogant narcissistic illegal indonesian alien muslim kenyan sociopathic liar in chief who enabled this on its watch all the while asleep @ the switch too busy in its celebrity grand imperial golf lifestyle @ the expense of the lifestyles and meager wealth of middle class tax paying UD citizen serfs & peasants. Impeachment is too good for the fudge packer married to a trannie.

Wed, 07/16/2014 - 00:13 | 4961660 falconflight
falconflight's picture

All the while Il Duce' Obama has invited the Muslim Brotherhood to the white hut over 100 times, Bibi once, but Bibi ownes the fudge packer.  The dirty pig in human skin actually made the Dali Lama leave out the service entrance with all the garbage cans and snow piles to navigate.  

Wed, 07/16/2014 - 00:09 | 4961651 falconflight
falconflight's picture

And all this is happening as Americans get, instead, open borders and Obamacare.

Obama knocks down the gate which kept America sovereign against the Third World; and Congress sells out every day a piece of US sovereignty to Israel.

How bout making the connection for me....my MPA in internation relations and years of reading has failed me...


Tue, 07/15/2014 - 15:13 | 4960091 topshelfstuff
topshelfstuff's picture

I want to post again what I believe will be coming. We won't hear much about such things as The Group of 77 and the 133 Nations connected, nor their stance in Support of Argentina in the most recent attempt to grabb. I'll just paste what I've posted on a few times before. Its best to think deep about this. They don't need the USD to lose Reserve Currency status, its better to use that like this:

 

This is what I see as the Move the EastBloc Nations, or those I refer to as the BRIC & BRICets (BRICets=in total over 100 Nations, and the reference of EastBloc is not Geographical, since most all Latin America is included, minus Colombia of course. All the EastBloc nations would simultaneously, same day, same time, Hard Peg to China's Yuan, and China would ReValue the Yuan to 2 to $1/USD positive for both The People and Nations making this move in Purchasing Power, think about commodities, takes gold over $10K and silver over $500 For most of its early history, the RMB pegged  to the U.S. dollar at 2.46 yuan per USD (note: during the 1970s, it was appreciated until it reached 1.50 yuan per USD in 1980).
Tue, 07/15/2014 - 15:23 | 4960139 topshelfstuff
topshelfstuff's picture

Understand it currently takes about 622 Chinese Yuan/renmimbi to equal $100 USD, lets say to buy $1,000 worth of Gold or Silver, or ANY other Commodity, China pays about 6,220 CNY/renmimbi

so at 2 to $1, they only need to put out 2,000 CNY ... yagetit

and with all the other 100+ Nations Hard Pegged to the CNY, they All get the same Benefit

Note that China's recent "decline" only showed when they weakened their currency, maybe believing the West's BS about a weak currency being good ....yeah. how has that done for us 99.99%ers

Tue, 07/15/2014 - 15:38 | 4960213 quasimodo
quasimodo's picture

Quite lofty figures for your metals. Is that you Eric King?

 

Tue, 07/15/2014 - 16:46 | 4960474 Canucklehead
Canucklehead's picture

So what you are saying is all nations should bail from their currencies and get into the US dollar.  Once China devalues, everyone should sort things out after they have made a mint.

What about the outbreak of the Neo-Chinese Civil War?

Tue, 07/15/2014 - 19:32 | 4960942 topshelfstuff
topshelfstuff's picture

""""""""Once China devalues""""""""

 

China changing from its current 6.2 to $1, to 2 to $1 is NOT DeValuing, it is ReValuing and strengthening its currency to equal 50 cents/US instead of the current 16 cents/US

esentially making Any Commodity, not only gold and silver, less costly for them, and a huge Increase in Purchasing Power for The People, not just the Chinese but All the 130 nations that would Hard Peg to China's Yuan. They will be happy to leave the USD as Reserve Currency for pricing Commodities, but they'll be have Stronger Currencies vs the USD

anyone who thinks this through will see that all commodities, not just gold and silver will be going much much higher in USD Terms...even if it more than tripled it will cost them the same in their currency as it is now

Tue, 07/15/2014 - 20:51 | 4961154 Canucklehead
Canucklehead's picture

So why is it devaluing when the Brits or Canadians do it?

Tue, 07/15/2014 - 21:02 | 4961171 therevolutionwas
therevolutionwas's picture

What is being devalued is the US dollar.

Tue, 07/15/2014 - 22:16 | 4961391 Canucklehead
Canucklehead's picture

Do you think the Germans would be able to export more? Would the Chinese find they will export less? Will the Chinese have a problem with that?

Wed, 07/16/2014 - 00:11 | 4961657 therevolutionwas
therevolutionwas's picture

Send me $5,000 in gold coins and I will reveal to you the truth.

Tue, 07/15/2014 - 23:59 | 4961628 Whatchamacallit
Whatchamacallit's picture

Ah, if only! ...

Tue, 07/15/2014 - 15:14 | 4960100 Circle of DNA
Circle of DNA's picture

The BRICS were thrown into the petro dollar-glass house and yet the mainstream media seem to be blind, mute and clueless as to what just transpired in the world.

Tue, 07/15/2014 - 16:43 | 4960467 Canucklehead
Canucklehead's picture

Nobody wants to lend to Brazil, South Africa, India, and China.  Nobody has lent to Russia since 1998.

Russia is looking to sell commodities to all of these nations.  Somebody is going to be stuck with somebody else's printing press output.

Wed, 07/16/2014 - 00:06 | 4961640 falconflight
falconflight's picture

The USSR-Russia is still a third world nation outside of its major cities.  It is a backwater centuries old killing field.  The only thing is ever possessed post WWII making it a world power was their NBC arsenal.  It is a one trick economic banana state selling natural resources.  

Tue, 07/15/2014 - 17:55 | 4960592 DoChenRollingBearing
DoChenRollingBearing's picture

 

 

Circle of DNA

I was wrong to take a cheap shot at you in yesterday's BRICS thread, I regret it and I apologize (even with "Fight Club rules").  Nor should I have insulted the BRICS as countries as well.  I did read instructive comments by a few others there too (inc. Bingo Hammer and Ghordius).

Russia's economy has improved more than I had thought before I looked into it.  Indeed, some parts of their economy are impressive (science & technology, resources, etc.).  But, there is no way I would invest a nickel in Russia.

I still have my doubts about the BRICS Bank, and will limit my article to that alone.

Tue, 07/15/2014 - 15:15 | 4960109 p00k1e
p00k1e's picture

The anti-dollar crowd using a '$100 Billion Reserve’…..  Sounds like they’ll benchmark against the dolla, dolla.  

Tue, 07/15/2014 - 15:17 | 4960118 bbq on whitehou...
bbq on whitehouse lawn's picture

It would seem that China is not quite on board, occupying no chair. But they seem to want more influence with the IMF. China is in the catbird seat, but for how much longer?
China wants it all, but they will have to choose sides. Can't be a fence sitter for long in this game.
If push comes to shove i don't think China will join.
I think China will end up getting kicked out of every ones sandbox and turtle up, like it always have.
Chinese want what they cant have, everything the US now enjoys. The Chinese are no US and never will be, to old a society.
If the Chinese were going to change, they would have done so by now.

Tue, 07/15/2014 - 15:31 | 4960188 NOTaREALmerican
NOTaREALmerican's picture

Well,  it's a long game.  But don't forget the Trash Class of either country doesn't count.     The smart-n-savvy people in China have roughly the same looting potential as the US smart-n-savvy class.   They don't want to lose that; they've had enough of the Mao suits for awhile.  

Tue, 07/15/2014 - 15:53 | 4960277 semperfi
semperfi's picture

Not on board?  Its in Shanghai man !

Tue, 07/15/2014 - 15:19 | 4960124 BullyBearish
BullyBearish's picture

On another note, the Israelis should be congratulated, doncha think?

Palestinian deaths vs. Israeli deaths

By Uriel Heilman In my roundup of 8 things you need to know about the Gaza-Israel conflict, I forgot to include one important point: the Palestinian death toll.

The number of Palestinian deaths to Israeli deaths is clearly disproportionate — as of this writing, about 192:1. There are a few different ways to look at this rate.

Critics of Israel herald the lopsided figure as evidence of Israeli barbarism. But such a simplistic view misses several important points. One, the Israeli death toll is low because Iron Dome, Israel’s missile defense system, is successfully intercepting incoming rockets. The Palestinians have no defense against Israeli missiles.

Second, the ratio would be more lopsided if Israel were trying to kill Palestinian civilians. But by most accounts it’s trying not to do that. This is the most important element in interpreting the death toll: While Hamas measures its success by how many Israelis it is able to kill, Israel measures its success in part by how few Palestinian civilians it kills.

So how is Israel doing compared to previous Israel-Hamas battles? The Palestinian death toll is much lower than it was in 2008-’09, when a ground invasion preceded by an air campaign resulted in some 1,150 Palestinian deaths over three weeks. But the Palestinian casualty count now isn’t too different from November 2012, when an eight-day air campaign resulted in an estimated 158-177 Palestinian deaths.

The Israeli death rate, meanwhile, is down significantly — from 13 in 2008-’09 and six in 2012 to one so far in nine days of fighting.

Tue, 07/15/2014 - 15:32 | 4960190 NOTaREALmerican
NOTaREALmerican's picture

Go TEAM!

Tue, 07/15/2014 - 16:30 | 4960410 JR
JR's picture

Even the most vicious Israeli commenter would be embarrassed to come up with your comparison of how one deaths vs. lots of deaths can be justified, not by fairness, not by justice, but by technology.

IOW, it doesn’t matter who gets killed; it’s how you kill them. An Iron Dome and jet aircraft, bombs and missiles mean 1 vs. 192 is not only equal but it in fact shows that famous Jewish compassion that we’ve all seen down through the centuries toward non-Jews. The Devil himself could not have made a more revolting group of statements.

And for those Palestinians who just happen to live in the age of technology, let’s forget them. 

No. LET’S DON’T.  Here’s the list:

Stop Israel’s Genocide! Demand Netanyahu’s Arrest for Crimes against Humanity By Jay Janson 

Global Research, July 15, 2014

How many of us working, with former US Attorney General Ramsey Clark’s support, to seed confidence that Nuremberg Principles law will soon come down on citizens of US, of NATO nations and of allied nations, including the still contested state of Israel, which exists primarily on seized, stolen and ethnically cleansed land, are freaking sick of reading, even during ongoing genocide, excellently and professionally written, moralistic journalism of horror and helplessness.

It’s as if there were no laws against genocide. We constantly read reportings of genocidal inhumanity presented in outrage and frustration, high indignation, projected vicarious suffering, and expressed anger instead of calls to action and any demand for organizing action to stop the horror.

As far as anyone can know, over the seven decades of professed anti-war, anti-imperialism and progressive journalism since World War Two’s end, not a single life has been saved, or subsequent new slaughter prevented in the next small nation targeted by Wall Street investor speculative profit-line calculations. Your author can testify to people in bombed and invaded nations expecting nothing from anti-war intellectuals living in the nations that bombed and invaded them…

The truth of the responsibility of the educated and informed will eventually out. The pen must not be weak in confronting the sword…the genocide that has already been prosecuted in the hearts of tens of millions would see prosecution to a halt and to some costly measure of justice for genocide of the past.

Below is a list of just three days' worth of who we the informed and knowledgeable writers must respond to – to them, to their lives-ruined families and our own conscience.

List of murdered is from 'We Stay Together, Or We Leave This World Together' By Samer Badawi, July 13, 2014 "Information Clearing House" -

Tuesday, July 8:

1. Mohammed Sha’aban, 24, was killed in a bombing of his car in Gaza City.
2. Ahmad Sha’aban, 30, died in the same bombing.
3. Khadir al-Bashiliki, 45, died in the same bombing.
4. Rashad Yaseen, 27, was killed in a bombing of the Nusseirat refugee camp in central Gaza.
5. Riad Mohammed Kawareh, 50, was killed in a bombing of his family’s home in Khan Younis.
6. Seraj Ayad Abed al-A’al, 8, was wounded in the same bombing and succumbed to his injuries on Tuesday evening.
7. Mohammed Ayman Ashour, 15, died in the same bombing.
8. Bakr Mohammed Joudah, 22, died in the same bombing.
9. Ammar Mohammed Joudah, 26, died in the same bombing.
10. Hussein Yousef Kawareh, 13, died in the same bombing.
11. Mohammed Ibrahim Kawareh, 50, died in the same bombing.
12. Bassim Salim Kawareh, 10, died in the same bombing.
13. Mousa Habib, 16, from Gaza City’s al-Shujaiyah neighborhood, was killed along with his 22-year old cousin while the pair were riding a motorcycle.
14. Mohammed Habib, 22, was killed with Mousa Habib.
15. Sakr Aysh al-Ajouri, 22, was killed in an attack on Jabalia, in northern Gaza.
16. Ahmad Na’el Mehdi, 16, from Gaza City’s Sheikh Radwan neighborhood, was killed in a bombing that wounded two of his friends.
17. Hafiz Mohammed Hamad, 30, an Islamic Jihad commander, was killed in the bombing of his home in Beit Hanoun, along with five of his family members.
18. Ibrahim Mohammed Hamad, 26, died in the same bombing.
19. Mehdi Mohammed Hamad, 46, died in the same bombing.
20. Fawzia Khalil Hamad, 62, died in the same bombing.
21. Dunia Mehdi Hamad, 16, died in the same bombing.
22. Suha Hamad, 25, died in the same bombing.
23. Suleiman Salman Abu Soaween, 22

Wednesday, July 9:

24. Abdelhadi Jamaat al-Sufi, 24, was killed in a bombing near the Rafah crossing.
25. Naifeh Farjallah, 80, was killed in an airstrike on the town of Moghraqa, southwest of Gaza City.
26. Abdelnasser Abu Kweek, 60, was killed in the bombing of Gaza’s central governorate along with his son.
27. Khaled Abu Kweek, 31, Abdelnasser Abu Kweek’s son, was killed in the same bombing.
28. Mohammed Areef, 13, died in a bombing in Sha’af.
28. Amir Areef, 10, died in the same bombing.
30. Mohammed Malakiyeh, 18 months old, died in a bombing along with his mother and a young man.
31. Hana Malakiyeh, 27, Mohammed Malakiyeh’s mother, died in the same bombing.
32. Hatem Abu Salem, 28, died in the same bombing.
33. Mohammed Khaled al-Nimri, 22
34. Sahar Hamdan, 40, died in the bombing of her home in Beit Hanoun.
35. Ibrahim Masri, 14, Sahar Hamdan’s son, was killed in the same bombing.
36. Mahmoud Nahid al-Nawasra was killed in a bombing in al-Meghazi.
37. Mohammed Khalaf al-Nawasra, 4, was killed in the same bombing and arrived at the hospital “in shreds.”
38. Nidal Khalaf al-Nawasra al-Meghazi, 5, was killed in the same bombing.
39. Salah Awwad al-Nawasra al-Meghazi, 6, was killed in the same bombing. His body was found under the rubble of the house.
40. Aisha Nijm al-Meghazi, 20, was killed in the same bombing.
41. Amal Youssef Abdel Ghafour, 27, was killed in a bombing in Khan Younis.
42. Ranim Jawde Abdel Ghafour, an 18-month-old girl, was killed in the same bombing.
43. Rashid al-Kafarneh, 30, was killed when the motorcycle he was riding was bombed.
44. Ibrahim Daoud al-Balawi, 24
45. Abdelrahman Jamal al-Zamli, 22
46. Ibrahim Ahmad Abideen, 42
47. Mustafa Abu Mar, 20
48. Khalid Abu Mar, 23
49. Mazen Farj al-Jarbah, 30, was killed in a bombing in Deir al-Balah.
50. Marwan Slim, 27, was killed in a bombing in Deir al-Balah.
51. Hani Saleh Hamad, 57, was killed in a bombing in Beit Hanoun along with his son Ibrahim.
52. Ibrahim Hamad, 20, was killed in the same bombing.
53. Salima Hassan Musallim al-Arja, 60, was killed in a bombing in Rafah that wounded five others.
54. Maryam Atieh Mohammed al-Arja, 11, was killed in the same bombing.
55. Hamad Shahab, 37
56. Ibrahim Khalil Qanun, 24, was killed in a bombing of Khan Younis.
57. Mohammed Khalil Qanun, 26, was killed in the same attack.
58. Hamdi Badieh Sawali, 33, was killed in the same attack.
59. Ahmad Sawali, 28, was killed in the same attack.
60. Suleiman Salim al-Astal, 55, was killed in a bombing of Khan Younis.
61. Mohammed al-Aqqad, 24
62. Ra’ed Shalat, 37, was killed in a bombing that wounded 6 others.

Thursday, July 10:

63. Asma Mahmoud al-Hajj, 22, was killed in a bombing in Khan Younis that killed eight members of the same family and wounded 16 other people.
64. Basmah Abdelfattah al-Hajj, 57, was wounded in the bombing and succumbed to her injuries shortly afterwards.
65. Mahmoud Lutfi al-Hajj, 58, died in the same bombing.
66. Tarek Mahmoud al-Hajj, 18, died in the same bombing.
67. Sa’ad Mahmoud al-Hajj, 17, died in the same bombing.
68. Najla Mahmoud al-Hajj, 29, died in the same bombing.
69. Fatima Mahmoud al-Hajj, 12, died in the same bombing.
70. Omar Mahmoud al-Hajj, 20, died in the same bombing.
71. Ahmad Salim al-Astal, 24, was killed in the bombing of a beach house in Khan Younis that critically wounded more than 15 people.
72. Mousa Mohammed al-Astal, 50, was killed in the same bombing. The two bodies were recovered four hours after the bombing.
73. Ra’ed al-Zawareh, 33, succumbed to his wounds and died. The location of his death was unreported.
74. Baha’ Abu al-Leil, 35, was killed in a bombing.
75. Salim Qandil, 27, was killed in the same bombing.
76. Omar al-Fyumi, 30, was killed in the same bombing.
77. Abdullah Ramadan Abu Ghazzal, 5, was killed in a bombing in Beit Lahiya.
78. Ismail Hassan Abu Jamah, 19, was killed in a bombing in Khan Younis that injured two children, one critically.
79. Hassan Awda Abu Jamah, 75, was killed in a bombing in Khan Younis.
80. Mohammed Ahsan Ferwanah, 27, was killed in a bombing in Khan Younis.
81. Yasmin Mohammed Mutawwaq, 4 was killed in a bombing in Beit Hanoun.
82. Mahmoud Wulud, 26, was killed in a bombing of a civilian vehicle in northern Gaza. His remains were taken to Kamal Adwan Hospital in Jabalia.
83. Hazem Balousha, 30, was killed in the same bombing. His remains are at Kamal Adwan Hospital.
84. Nour Rafik Adi al-Sultan, 27, was killed in the same bombing. His remains are at Kamal Adwan Hospital.
85. Ahmad Zaher Hamdan, 24, was killed in a bombing in Beit Hanoun.
86. Mohammed Kamal al-Kahlout, 25, was killed in a bombing in Jabalia.
87. Sami Adnan Shaldan, 25, was killed in a bombing in Gaza City.
88. Jamah Atieh Shalouf, 25, was killed in a bombing in Rafah.
89. Bassem Abdelrahman Khattab, 6, was killed in a bombing in Deir al-Balah.
90. Abdullah Mustafa Abu Mahrouk, 22, was killed in a bombing in Deir al-Balah.

Friday, July 11:

91. Anas Rizk Abu al-Kas, 33, was killed in a bombing in Gaza City.
92. Nour Marwan al-Najdi, 10, was killed in a bombing in Rafah.
93. Mohammed Mounir Ashour, 25, was killed in a bombing on the al-Ghanam family home in Rafah.
94. Ghalia Deeb Jabr al-Ghanam, 7, was killed in the same bombing.
95. Wasim Abd al-Rizk Hassan al-Ghanam, 23, was killed in the same bombing.
96. Mahmoud Abd al-Rizk Hassan al-Ghanam, 26, was killed in the same bombing.
97. Kifah Shahada Deeb al-Ghanam, 20, was killed in the same bombing.
98. Ra’ed Hani Abu Hani, 31, was killed in a bombing in Rafah.
99. Shahraman Ismail Abu al-Kas, 42, was killed in a bombing in a refugee camp in central Gaza.
100. Mazen Mustafa Aslan, 63, was killed in the same bombing.
101. Mohammed Rabih Abu Humeidan, 65, was killed in shelling that struck northern Gaza.
102. Abdel Halim Ashra, 54, was killed in an airstrike on Wednesday in the area of Birka Deir al-Balah, but his body wasn’t discovered till Friday.
103. Saher Abu Namous, 3, was killed in an airstrike on his home in northern Gaza.
104. Hussein al-Mamlouk, 47, was killed in an airstrike on Gaza City.
105. Saber Sukkar, 80, was killed in an airstrike on Gaza City.
106. Nasser Rabih Mohammed Samamah, 49, was killed in an airstrike on Gaza City.

Saturday, July 12:

107. Rami Abu Massaad, 23, was killed in a strike on Deir al-Balah.
108. Mohammed al-Samiri, 24, was killed in the same attack.
109. Houssam Deeb al-Razayneh, 39, was killed in an attack on Jabalia
110. Anas Youssef Kandil, 17, was killed in the same bombing.
111. Abdel Rahim Saleh al-Khatib, 38, was killed in the same bombing.
112. Youssef Mohammed Kandil, 33, was killed in the same bombing.
113. Mohammed Idriss Abu Saninah, 20, was killed in the same bombing.
114. Hala Wishahi, 31, was killed in an attack on the Mabarra association for the disabled in Jabalia.
115. Suha Abu Saade, 38, was killed in the same attack.
116. Ali Nabil Basal, 32, was killed in a strike on western Gaza city.
117. Mohammed Bassem al-Halabi, 28, was killed in the same strike.
118. Mohammed al-Sowayti (Abu Askar), 20, was killed in the same attack.
119. Ibrahim Nabil Humaide, 30, was killed in a bombing in the Tufah neighborhood in eastern Gaza City.
120. Hassan Ahmed Abu Ghoush, 24, was killed in the same attack.
121. Ahmed Mazen al-Ballaoui, 26, was killed in the same attack

Jay Janson is an archival research peoples historian activist, musician and writer. He has lived and worked on all continents and his articles were published in China, Italy, UK, India and the US. He now resides in NYC.

http://www.globalresearch.ca/stop-israels-genocide-demand-netanyahus-arrest-for-crimes-against-humanity/5391363

Tue, 07/15/2014 - 16:40 | 4960454 Canucklehead
Canucklehead's picture

Can you give us the ISIS list?

Tue, 07/15/2014 - 16:56 | 4960499 JR
JR's picture

First you write off the tragedy of murder as nothing more than a technological equation. But the tragic loss for the families of these victims, most of them civilians and many of them women and children, brings not tears or sadness to your heart, but a joke – a quick comic relief.

And one wonders if this isn’t part of the attitude for this military power, Israel, financed by American taxpayers to fly over a concentration camp, Gaza, that Israel established and holds. Like those Israeli spectators in Sderot caught on YouTube laughing and applauding the fire flashes of real-time bombing in Gaza, you have thoroughly enjoyed these murders.

And even though we were talking about the Israeli/Palestine conflict, your abstraction would take us off to other topics, such as the victims of ISIS.

As for that list, you’ll have to go to the US-NATO-Israel sources who are involved in the recruitment, training and financing of the ISIS death squads operating in both Iraq and Syria.

Tue, 07/15/2014 - 19:15 | 4960889 Clycntct
Clycntct's picture

 "financed by American taxpayers"

And to further rub the fkn salt with a failed fraud of a fiat.

Tue, 07/15/2014 - 20:42 | 4961127 Canucklehead
Canucklehead's picture

I didn't see anybody passing any sweets around. "That" part of the world celebrates tragedies by passing sweets around. Everyone knows that.

No sweets... no tragedy.

It's that "simple".

Tue, 07/15/2014 - 23:54 | 4961621 falconflight
falconflight's picture

Hey dunderhead?  Israel didn't est. Gaza, Gaza as it is currently configured and was the same effing place 2,000 or more years ago.

Wed, 07/16/2014 - 00:29 | 4961680 JR
JR's picture

Even from an Israeli attacking jet, Gaza looks like a compressed prison, which it is.

The State of Palestine, the West Bank and the Gaza Strip, is composed of 4,550,368 people living at a density of 1,895/sq mi compressed into an area of 2,400 square miles, and even that has been occupied and disputed by Israel since 1967 in the aftermath of the Six-Day War. In 2012, it was granted observer status by the United Nations (UN).

Most people know Gaza is a prison camp; you can’t come here and you can’t go there. So to argue that the prisoners are attacking the Israelis when Israel is a nuclear power backed by a superpower is beyond the pale. Israel has helicopters, jet airplanes, night vision goggles, all kinds of sophisticated equipment, a barricade and fences and tanks. The IDF even can eliminate anyone at anytime without putting its own forces in danger. It’s all done by the technology of using satellites, airborne drones or elevated cameras at strategic locations along the border.

Israeli female soldiers sit at a desk and kill by remote control.  It’s called the Spot-and-Shoot Game—a system that allows a female soldier “to fire a remotely controlled machine gun to execute Palestinians who approach the fence around Gaza by pressing a button on her joystick."

A picture is worth a thousand words: Here’s the map that shows it is not the Palestinians who have invaded Israel; it is the so-called Israelis who have invaded Palestine.

“What is now called Israel was originally the land of Palestine; 95 percent of the inhabitants were Muslim and Christian. During the 1940s Palestinians were ruthlessly pushed off their land by recently-arrived colonists, and 78% of their land was renamed Israel. This historic injustice is ongoing. In 1967, Israel attacked and gained control over the final remnants of Palestine.

“Today, Muslim and Christian Palestinians in these occupied territories live under Israeli military rule. No one can enter or leave without permission from Israel: Israeli forces invade Palestinian villages daily, beating, humiliating, kidnapping, and sometimes: killing inhabitants, all the while confiscating still more land for Jewish-only colonies; and to construct an imprisoning wall…--Justice First Foundation

http://www.ameu.org/Current-Issue/Current-Issue/2013-Volume-46/Like-a-Picture-A-Map-is-Worth-A-Thousand-Words.aspx

Wed, 07/16/2014 - 01:05 | 4961733 falconflight
falconflight's picture

Disinformation without any original sourcing as opposed to numerous reports about the jewish majority population in Jerusalem back in the 1850's and the hundreds of thousands of arab squatters that swarmed into the palestine mandate beginning in the 1920's after the jews drained the malaria swamps, literally washed the salt out of the soil and built some measure of prosperity.  Saudi Arabian King's diplomatic correspondence w/ FDR even praises the progress of the Jews and the benefits rippling throughout the region.  

Wed, 07/16/2014 - 02:03 | 4961795 JR
JR's picture

We could go on this way forever, you lying and me trying to persuade you that you have no legitimate source. So let’s get two things straight.

First, when the Jewish state was established in 1947, approximately 800,000 Palestinians were forced to leave their homes.

Second, the Jewish population of Palestine in 1933 was 175,006.

Your claims starkly contrast with those listed in the World Almanac 1933, compiled by The American Jewish Committee which show the Jewish population of Palestine in 1933 to be 175,006.

World Almanac 1933:

“The American Jewish Committee, which gives the figures in the table  below, estimated the Jewish population of the world in 1933, as follows: Europe, 9,494,363; Africa, 580,869; Asia, 582,609; Australia, 30,401; the Americas, 4,677,217 = Jewish Population Worldwide in 1933 Total, 15,315,000.

By Country Jewish population in specific countries: Austria, 250,000; British Empire, 720,540;Germany, 510,000; Hungary, 444,567; Palestine, 175,006; Poland, 3,028,837… Roumania, 984,213; Russia in Asia, 49,571; Russia in Eur, 539,272; Russ. (U.S.S.R.), 2,672.308; Ukraine, 1,574,428… Total Jewish Population Worldwide in 1933, 15,315,000.

World Almanac 1948 (Religious Population of the World): Jews, Total, 15,753,638.

--Before and after the "Holocaust": Jewish population numbers in 1933 and 1948

http://therebel.org/en/opinion/most-read-editorials/715863-before-and-after

Finally, it’s important to recognize the real basis of this war. It is related to the unfortunate decision for the British to have given an area in Palestine to be a national homeland for the Jews which they quickly turned into a political state to drive out the hundreds of thousands of Palestinian residents who lived there.

And in succeeding years, since 1947, completely violating all the promises made by the Balfour agreement, Israel has militarily expanded its boundaries through war and land aggression, supported in this travesty against humanity by the United States.

Ben Gurion’s first action when the green light was given to the Israelis was Let’s drive these people from the land.

Now, in limited, tiny sections that are left for the Palestinians, such as Gaza, they are fighting for their last survival. If your lies can justify this injustice, you must be a deeply forsaken soul.

"The tragedy of the people of Palestine is that their country was ‘given’ by a foreign power to another people for the creation of a new state. The result was that many hundreds of thousands of innocent people were made permanently homeless. With every new conflict their numbers increased. How much longer is the world willing to endure this spectacle of wanton cruelty?"

- Bertrand Russell

Wed, 07/16/2014 - 03:28 | 4961828 falconflight
falconflight's picture

"Their Country?"  who's country?  

 

If you read the newspapers of the era, the transcripts of the radio broadcasts...it was the very confident (and with good reason) Arab nations telling their fellow Arabs to get out of the way because they, the Arab Legion and their Allies, including the volunteer British officers leading the Arab Legion, were going to eliminate the Jews, cleanse them from the land and that they could return after their victory over the Jews.  It didn't work out that way did it?

 You must have forgotten about the hundreds of thousand of Jews forced out of several Arab nations during that time.  I know, they're just dirty Jews.  Who cares.  They, the arabs from the former Mandate, are Permanently homeless because the fruit of Islam, their most reverent righteous brothers of Trans Jordan (palestine mandate), Syria, Lebanon, ect refused to allow them to permanently settle haven't they?  Funny the Saudis stripped thousands of palis of their 3rd class citizenship and deported generations of so called palis as a result of their support of Saddam during the first gulf war.  Funny how the King of Jordan and Assad killed tens of thousands of them during the early 1970's and how they destroyed Lebanon about the only bright spot...sans Israeli during the 1970's and 80's.  

Arabs who teach their children to love to murder the "pigs and apes" have no moral standing and have received a singular deference that has been denied to the multitudes of people's preyed upon in the most tyrannical ways in various nations, often at the hand of the Arab Leaders.  But the palis are different and are supported because Jews are involved.  The Israelis fought and died (farmers/peasants) in highly disproportional numbers that would horrify most people in defense of their right to be there.

 I'm sure most of you posters cheered the NATO bombing campaign of Serbia, a bombing campaign by the way that specifically targeted civilian infrastructure, hence civilians targeted. A area that again has a rich history of Muslim terror against Christians in Europe. What right do those muslims in the former Yugoslavia have to live where they obviously were not indigenous?  

They were invaders, just like in  Spain.  These Arab lands are nearly devoid of other religions and you know full well why.  Arabs are free to practice their religion in Israel, and the so called West Bank.  Israel has had no military or civil adminstation in Gaza since 2005.  Really is goes back to the Olso Accords.  There were just a few Jewish villages in Gaza, but according to Arabs, the mere presence of Jews is a condition that could not be tolerate.  I guess that's understandable to people like you.

The Arab League refused the partition, that allotted the most wretched tiny spit of land of just about anywhere in the world, yet the Arabs said no Jews, they must die and nothing has changed in the following decades.  As long as a single Jew lives,  there cannot be peace.  

You evil fcks, and you are an evil low animal, never lament the countless murdered by every imaginable barbarity in numbers that dwarf the cumulative dead in all the Arab Israeli wars whether that be the Coptic Christians of Egypt, the Christians of Lebanon, in Syria, in Iraq, in various places in Africa and Asia.  Islam is the Culture of Death responsible for 90 percent of all conflict around the globe.  Those are indisputable facts.  

Israel contains a population of Arabs that are blessed with more opportunity, education, and rights than any common Arab possesses in any of the 22 Arabs nations.  

Argue differently, I Challenge you or any poster, including George Washington, a frequent guest writer.

You are a Buchenwald Oven Operator wannabe.  Admit it.  You would have gladly worked at the death camps just like so many Germans did.  Arabs are the most barbaric peoples on the face of the Planet. Their ideology vis a vis Judaism  has a direct link to the Nazi Regime and you know it.  Be-headings, crucifixions, burning schoolgirls to death, acid in the face of women for dishonoring somebody, female genital mutilation... the list is endless. Yet this isn't even a stray thought in your mind and most of you left-hand sniffers.  What kind of upbringing could a person such as yourself have experienced to be so intent on calling evil good?

You won't win, the Jews will survive, and should they appear to being on the verge of elimination (a situation never suffered by Arabs facing the Jews), I hope they'll not only open those silos like they did in 1973, but allow those targeted cities from Moscow to Cairo, to Tehran to disappear.  Jews would survive and spring up like the weeds they are, but this time they'd create their own empire, from Iraq though the Arabian Peninsula to the Suez. ;0  

Wed, 07/16/2014 - 03:43 | 4961859 falconflight
falconflight's picture

What really sets me off on this topic is that the exact same tacits of lies of commission and omission are used by the filthy socialist pigs in this country.  The perversion of every Constitutional concept, perversion of the rule of law, the employment of smears of anyone who disagrees. The knowingly false claims of Racism, genocide, ethnic cleanings, oppression, suppression, the inherent evil of whites meme is eminating from now nearly all institutions of this society.  It is frightening.  Yet people like you have a readily at hand explanation:  It's the Joooosss, the Zionists, the Tribe, and Chosen People, the Karzaks etc ad nauseum.  fck off, when the time comes I'm sure we won't just be fighting the State.

Wed, 07/16/2014 - 06:03 | 4961938 overmedicatedun...
overmedicatedundersexed's picture

falcon, all well and good, but still when looking at the root of problems taking freedom from us, we see yews in power at the top of media, banking, education now days in america, unions, all these seem to support and finance the tyrant's of NWO...that is a problem yews have enabled the elite .01%, or am I wrong?

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