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Among The World’s Largest Secret Gold Vaults

By RD Bentley on April 29, 2013 in The Market Sector, The Other Side

Exposing secret tunnels, mines, vaults, and golden relationships.

It’s human nature to examine the gigantesque of  hidden natural elements and the more arcane aspects of humanity. It’s been properly surmised that we are motivated by the primal instincts that we naturally inherit, and it usually is directed to currency of some form. The Grasberg mine, located in the province of Papua in Indonesia, is supposedly the host of the world’s largest gold vaults and is primarily owned by one of the world’s largest producers of copper and gold, Freeport (FMCG, NYSE: FCX). The symbiotic relationship is quite uncanny, eh? Do tell.

There’s always been a fascination concerning the wealthiest 1% of the world, what we refer to as the global elite, or the The Transnational Capitalist Class. Just who are these people, where do they assemble, and how do they amass such fortunes of gold? Even better yet, why is it that their assets are among the best kept secrets ever and are hidden in the most unlikely places of all?

Is it a tale of two cities where the secrecy becomes an underground best-selling novelty?

Gold has always been relevant, has been around for centuries, and it’s even discussed in the Bible. As the dollar falls flat in the sagging global economy of today, gold has become the topic du jour. Gold repatriation is an even hotter subject, since countries like Germany are asking for their gold back from the United States and China has been buying gold reserves like there’s no tomorrow.

Typically, another gold mine or gold vault that comes to mind is the Federal Reserve, or more specifically the Federal Reserve Bank of New York, the largest regional Federal Reserve Bank.

“Currently, it is reputedly the largest gold repository in the world (though this cannot be confirmed as Swiss banks do not report their gold stocks) and holds approximately 7,000 tonnes (7,700 short tons) of gold bullion ($415 billion as of October 2011), more than Fort Knox. Nearly 98% of the gold at the Federal Reserve Bank of New York is owned by the central banks of foreign nations. The rest is owned by the United States and international organizations such as the IMF.”

“The Federal Reserve Bank does not own the gold but serves as guardian of the precious metal, which it stores at no charge to the owners, but charging a $1.75 fee (in 2008) per bar to move the gold.”

It may be possible, even plausible to find a direct correlation—the symbiotic relationship is quite uncanny—the “world’s largest private, and commercial, gold vault, that belonging once upon a time to Chase Manhattan, and now to JPMorgan Chase, is located, right across the street, and at the same level underground, resting just on top of the Manhattan bedrock, as the vault belonging to the New York Federal Reserve.”

Final analysis: Is there a profound connection between JP Morgan Chase and the New York Federal Reserve? Do tell.

 

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Four Steps To Financial Disintegration

By RD Bentley on April 27, 2013 in The Book Shelf, The Market Sector

Confidential and restricted sources have been revealed in the past by ex-chief economist and dissenter of the World Bank, Joseph Stiglitz. Financial disintegration was explained by Stiglitz using a four step process. Greg Palast, an investigative reporter was told of that very process.

Joseph Stiglitz is the author of  The Price of Inequality: How Today’s Divided Society Endangers Our Future.

Financial Disintegration Defined In A Four Step Process:

1. Privatisation — The process of transferring ownership of a business, enterprise, agency, public service or public property from the public sector (a government) to the private sector, either to a business that operate for a profit or to a non-profit organization. It may also mean government outsourcing of services or functions to private firms, e.g. revenue collection, law enforcement, and prison management.

2. Capital Market Liberalization —  Although economic liberalization is often associated with privatization, the two can be quite separate processes. For example, the European Union has liberalized gas and electricity markets, instituting a system of competition; but some of the leading European energy companies (such as EDF and Vattenfall) remain partially or completely in government ownership.

Liberalized and privatized public services may be dominated by just a few big companies particularly in sectors with high capital costs, or high such as water, gas and electricity. In some cases they may remain legal monopoly at least for some part of the market (e.g. small consumers).

Liberalization is one of three focal points (the others being privatization and stabilization) of the Washington Consensus’s trinity strategy for economies in transition. An example of Liberalization is the Washington Consensus which was a set of policies created and used by Argentina.

3. Market-Based Pricing — A fancy term for raising prices on food, water and cooking gas. It leads to what is called an IMF Riot. This is where frustrated citizens take to the streets in protest, often after losing access to precious commodities, such as food, water, etc.

4. Free Trade — Free trade is a policy by which a government does not discriminate against imports or interfere with exports by applying tariffs (to imports) or subsidies (to exports) or quotas.

In reality, this is absolutely the opposite of what it initially sounds like. The official story supposes that we’ve reached a new era in which free markets are being opened up and mutual agreements will fairly benefit both sides of that agreement. This is rarely what occurs and trade usually becomes a one-sided affair.

Troika

The tripartite committee led by the European Commission with the European Central Bank and the International Monetary Fund, that organised loans to the governments of Greece, Ireland and Portugal and Cyprus.

More:
1. Lets Make Money

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Bail-In Regime On Course To Destroy Small Banks

By RD Bentley on April 25, 2013 in The Market Sector

Professor Michel Chossudovsky explains how the Canadian government is weighing on implementing a risk management project, in which certain bank liablities would be confiscated in exchange for shares and equity in failing bank institutions, which are namely money of customers’ deposits. Smaller banks would be targeted under such plans, according to Chossudovsky. Bail-In policies are on course to destroy smaller banks in a diabolical plot of destruction.

The too-big-to-fail banks would not be harmed by the bail-in schemes. Further consolidation is what is really going on here and this is known as “financial cleansing”. This is a pre-planned scheme for wiping small banking people off of the map.

Host James Corbett further elaborates on the process how banking is employed, and the common misconception that banks store piles of money in the background. It is up to the public to support local banking instead of these global banking entities that are designed to gobble up the competition.

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Post 9/11 Wars Most Expensive In US History

By RD Bentley on April 25, 2013 in The Market Sector

Iraq and Afghanistan War Expenditures

President Bush’s Global War on Terrorism has especially come at a high price to the United States, and the total amounts are staggering to say the least. The phrase was coined by Bush on September 20, 2001, when the nation culminated to a very vulnerable point, right after the 9/11 crisis erupted. The post 9/11 wars have become the most expensive in US history, bar none. The total cost is estimated to be from $4 to $6 trillion for the Iraq and Afghanistan war expenditures.

“The Iraq and Afghanistan conflicts, taken together, will be the most expensive wars in US history – totaling somewhere between $4 to $6 trillion,” according to a new research paper (March 2013) by Linda Bilmes. The paper is titled The Financial Legacy of Iraq and Afghanistan: How Wartime Spending Decisions Will Constrain Future National Security Budgets.

Global War on Terror Costs

“A March 2011 Congressional report estimated spending related to the war through fiscal year 2011 at $1.2 trillion, and that spending through 2021 assuming a reduction to 45,000 troops would be $1.8 trillion. A June 2011 academic report covering additional areas of spending related to the war estimated it through 2011 at $2.7 trillion, and long term spending at $5.4 trillion including interest” per Wikipedia, War on Terror — Costs.

Colossal Military Budget of the United States

The dedicated military budget of the United States does not include: “many military-related items that are outside of the Defense Department budget, such as nuclear weapons research, maintenance, cleanup, and production, which is in the Department of Energy budget, Veterans Affairs, the Treasury Department’s payments in pensions to military retirees and widows and their families, interest on debt incurred in past wars, or State Department financing of foreign arms sales and militarily-related development assistance.”

“The Military budget of the United States for the 2009 fiscal year was $515.4 billion. Adding emergency discretionary spending and supplemental spending brings the sum to $651.2 billion.”

Military–Industrial Complex Theory

A thesis originally expressed by Daniel Guérin, in his 1936 book Fascism and Big Business, about the fascist government support to heavy industry:

The Military–Industrial Complex can be defined as, “an informal and changing coalition of groups with vested psychological, moral, and material interests in the continuous development and maintenance of high levels of weaponry, in preservation of colonial markets and in military-strategic conceptions of internal affairs.”

Defense Lobbying Contributions

Defense lobbying statistics are provided by Center for Responsive Politics. The defense sector is one of the most powerful in politics and it includes: defense aerospace, defense electronics and other miscellaneous defense companies. Just click on the link to find out who the top players are and the enormous amounts of capital they are spending.

Related News

From Russia Today: Obama breaks nuclear pledge, invests $10 billion in weapons.

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Tragic Boston Accident On Day Of Controlled Bombing?

By RD Bentley on April 15, 2013 in In The News

This Twitter post seems so unusual. On a very tragic day in Boston there was scheduled to be controlled bombing? Is this an error? It doesn’t make any sense at all.  What a horrible day for citizens that attended and participated at the Boston Marathon.

Notice that the media are already pointing the blame to terrorists before proper analysis. Very premature don’t you think? A false flag possibility has entered into the minds of some for sure. The 2013 Boston Marathon bombings have attracted an international response.

***** Officials: There will be a controlled explosion opposite the library within one minute as part of bomb squad activities. @BostonGlobe. 4:53 PM – 15 Apr 13 *****

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Iran–Pakistan Pipeline Completed By End Of 2014

By RD Bentley on April 14, 2013 in The Market Sector

Iran–Pakistan gas pipeline

Despite ongoing pressure from the U.S. government to abandon the project, the Pakistan government has opted to go on with the construction of the Iran-Pakistan Pipeline (India has backed out for now), which is scheduled to be completed by the end of 2014. Pakistan and Iran had a groundbreaking ceremony on March 11, 2013 in Chah Bahar.

Wikipedia’s Timeline offered more specifics — “On 11 March 2013, inauguration of the construction works on the Pakistani section of the pipeline were inaugurated by president of Pakistan Asif Ali Zardari and president of Iran Mahmoud Ahmadinejad.”

“In different times several companies have been interested to build the pipeline. Companies included Gazprom, BHP Billiton, National Iranian Gas Company, Petronas, and Total S.A.  A consortium consisting of Royal Dutch Shell, BG Group, Petronas and an Iranian business group had negotiated on exporting of gas from South Pars to Pakistan. From India, GAIL had been involved. However, the pipeline’s section in Iran was built by the National Iranian Gas Company. It used Khatam al-Anbia as a subcontractor.”

“In Pakistan, a consortium of Sui Northern Gas Pipeline Limited and Sui Southern Gas Company Limited is responsible for the construction of the pipeline.”

According to Natural Gas Asia, Iran will provide a $500 million financing payable in 20 years and almost half of the remaining $1bn financing will be arranged through a Chinese loan.

The pipeline project is in opposition with the U.S. sanctions against Iran. And another big winner could be… China.

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Family of Secrets: History That You Never Knew

By RD Bentley on April 12, 2013 in The Book Shelf

After eight years of George W. Bush being in office as president of the United States, many of us including author Russ Baker were asking questions concerning the Bush legacy. How did a person who some have termed the most unpopular president in American history get to be president in the first place? Who were his backers and do we really know anything about the network of powerful political forces that helped to boost him in the Oval Office? In his groundbreaking book, Family of Secrets: The Bush Dynasty, the Powerful Forces That Put It in the White House, and What Their Influence Means for America, Russ Baker digs deep into the lives of the Bush dynasty, which include George W. Bush (nicknamed W.) and his father George H. W. Bush (nicknamed “Poppy”). And little did Baker realize at the time he was writing the book, that he would unearth the main characters in American history of the last fifty years, history that you never knew.

The network of figures that encircled the Bush dynasty included intelligence, the military, finance, and oil tycoons who enabled the family’s rise to power. Many of the exclusive players which have played key roles in past decades often go unnoticed in the history books, living in secretive existences. What Baker discovers during his five years of painstakingly investigative work is that W. and father Poppy both have lived dual lives, one in the public eye and the other far removed from any scrutiny from the press. What we thought we knew about the two presidents and who they really were, turn out to be in total contrast, very much contradicting the stories that the mainstream media have portrayed.

Baker deserves more credit than he is getting for detecting secrets that we would have never deciphered ourselves. Both presidents were members of a secret society club in Yale, called Skull and Bones. Also, Poppy Bush had served in the CIA since he was a very young man, another little known tidbit. There are many secrets about Poppy that we didn’t have a clue.

In the first explosive half of Family of Secrets, we find that Poppy is attached to a circle of notable friends that were connected to the JFK assassination. Poppy is familiar with one of Lee Harvey Oswald’s closest friends, an important figure named George de Mohrenschildt.  Mohrenschildt met Oswald in the summer of 1962 and maintained a friendship until Oswald’s death, and he was aquainted with Poppy Bush.

Another fact should be noted here. Poppy Bush had told the public that he didn’t remember where he was on November 22, 1963, in the time frame of the shooting of President John F. Kennedy. Poppy even makes a phone call to the FBI, thus creating an alibi in case his whereabouts would ever come into question.

More relevant information is reported by Baker. “Poppy was closely tied to key members of the intelligence community including the deposed CIA head with a known grudge against JFK.” Baker brilliantly exposes a plot of hatred against Kennedy from Howard Hunt (a Nixon White House “plumber”), Allen Dulles (the CIA head that Kennedy fired), and the Bush family. The hostility seems to stem from the Cuban intervention and the subsequent political fallout.

The connection between Poppy and President Nixon is known by few people, not to mention his close friendship with President Lyndon Johnson. Nixon’s political career was financed by Poppy’s father Prescott Bush and friends, and we see this strange relationship that develops between Poppy and Nixon. In the end, Poppy betrays President Nixon and this leads to the famous scandal known as Watergate.

Baker finds out that Watergate was nothing like that was portrayed in the newspapers, on television, and in the movies. It is seldom understood that in fact, Nixon was indeed setup by the CIA, which is contrary to what most people believe. Nixon had been in conflict with the CIA and in the end they would make him pay for it.

Nixon was in Florida on vacation at the time of the Watergate burglary. As described in his notes, “Nixon was actually suggesting not just a setup, but one intended to harm him.” Nixon must have known that they were out to get him.

And we observe inextricably linked ties between the Kennedy assassination and the Watergate scandal. Poppy Bush is entangled with prominent intelligence circles that may have been involved in several relevant historical events, one of which points to the “Bay of Pigs thing”  which is tied to all-things-Cuba.

Poppy is mysteriously involved in his Zapata company where he travels around the world, and his company is thought to have been a cover for intelligence, or front company. His son would not fall far from the tree, as he himself had a similar company known as Harken Energy, which becomes instrumental in the rise of W. Bush.

W. is involved in many scandals and controversial acts, including the bombing of the World Trade Center. During his presidency, W. would have to answer why he went AWOL, when he failed to serve his last two years of service while he was in the Air National Guard. W. would send troops to war in Iraq and Afghanistan, as he hid his past history of avoiding the Vietnam conflict. This was not going to be discussed by the press with the exception of Dan Rather, who gets entangled in a mess that he did not create, known as the Killian documents controversy. Rather resigned as anchorman in 2005.

W. is accused of insider trading because he made big profits from the sale of his stock in Harken Energy, taken into consideration that the company would go bust just a few months later.

“In April 1989, Rangers owner and oil tycoon Eddie Chiles, sold the team to an investment group headed by George W. Bush, son of the President of the United States, George H. W. Bush. After hearing that Chiles planned to sell the team, Bush headed a group of investors that bought the team for $89 million.”

“The Rangers and the City of Arlington decided to replace the aging Arlington Stadium with a new publicly funded stadium, at a cost of $193 million, financed by Arlington residents, through a sales tax increase.” W. would make a fortune from his Texas Rangers in a controversial affair which “the city, through the Arlington Sports Facilities Development Authority authorized the seizure of 13 acres of land through eminent domain for the Rangers future development.”

Perhaps one of the most disturbing elements of Family of Secrets is Poppy Bush’s lack of recollection during the day of the Assassination of John F. Kennedy. This is one concept that took author Russ Baker five years to fully grasp and to come to terms with, which is considered “professional quicksand” for journalists. Baker said he had nightmares and panic attacks, although he kept persisting with his research.

All of these facts and more are documented in his powerfully intriguing masterpiece, Family of Secrets: The Bush Dynasty, the Powerful Forces That Put It in the White House, and What Their Influence Means for America, where you find history that you never knew. This sizzling publication is one that you just can’t put down. If you’re going to read one book about history or politics this year, then this is the one!

Russ Baker is a US investigative journalist and founder of the nonprofit website WhoWhatWhy.com. His recurring themes are politics, secrecy, and abuses of power. His recent writings have focused on elites in finance, resource extraction, military and intelligence operations, and their quiet influence over national and global political and economic affairs.

In 2009 Bloomsbury published his book Family of Secrets: the Bush Dynasty, the Powerful Forces That Put It in the White House, and What Their Influence Means for America. The paperback edition was released in November 2009 under the title Family of Secrets: the Bush Dynasty, America’s Invisible Government, and the Hidden History of the Last Fifty Years. The book has been reviewed by many print and electronic journals.

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Lolita: That Book By Nabokov

By RD Bentley on April 4, 2013 in The Book Shelf

For those maybe not so familiar with The Police, they were members of an English rock band from London. The band members were Gordon Matthew Thomas Sumner (better known as “Sting”), Andy Summers, and Stewart Copeland. Sting was arguably the most well known member of the group, due to the fact that he was the lead vocalist and later gained much recognition as a solo artist. One of the most popular songs from the band was called Don’t Stand So Close to Me, which became a 1980 hit single. In this song, Sting cleverly attaches the line “Just like the old man in that book by Nabokov”, adding a reference to Vladimir Nabokov’s book Lolita.

Vladimir Nabokov happened to be a real Russian author and later in his career he wrote prose in the English language. Nabokov’s book titled Lolita (1955) is his most famous, and this is “that book by Nabokov” which Sting famously alludes to. The novel made fourth place in the list of the Modern Library 100 Best Novels.

That classic book by Nabokov proved to be very controversial (and still is), due to the fact that the theme focuses on a middle-aged literature professor named Humbert Humbert, and he has an obsession with a 12-year-old girl, Dolores Haze. Humbert becomes sexually involved with her after he becomes her stepfather. Humbert’s personal name for her is Lolita.

Don’t Stand So Close to Me is a story of a schoolgirl fantasizing about a relationship with her youngish school teacher. Inside her there’s longing even though this girl is half his age, but he is very uncomfortable with the sensitive nature of the situation. “Strong words in the staff room, the accusations fly.”

And then — “he starts to shake and cough just like the old man in that book by Nabokov.”

The classic song was written by Sting, and interestingly enough before launching his illustrious career as a famous singer he was an English teacher, thus creating images in juxtaposition. This purportedly adds another element of surprise, causing an already taboo topic to verge on the teetering edge of risqué lyrics. This is actually a brilliant professional move by Sting, although some critics may have taken him too serious, since he has stated that this was not an association to his personal life.

Nabokov mirrored similar sentiment as he described his personal life in opposition — “the book that treated of a theme which was so distant, so remote, from my own emotional life that it gave me a special pleasure to use my combinational talent to make it real.”

Art can be provocative (maybe too much theses days) but sometimes there is an illusion of reality. This is a sign of a great artist, venturing into the realm of uncertainty. After all, life is uncertain and full of situations that taunt us.

The author Nabokov has written this very provocative book that some have labeled as just plain creepy, while others call him a wonderful writer. It is much to do with daring wordplay and the fascination with roles of dreamy fantasy. Obviously, Lolita is a book that is not suitable for all tastes, so “please don’t stand so close to me.”

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Rule by Secrecy: The Hidden History

By RD Bentley on March 31, 2013 in The Book Shelf

Jim Marrs runs the gambit with his underground bestseller, Rule by Secrecy: The Hidden History That Connects the Trilateral Commission, the Freemasons, and the Great Pyramids. If you enjoy reading about hidden history, secret societies, conspiracy theories, secrets of governments, secrets of wealth, and good old commentary then you’ll savor every page of this edition.

Basically, the author dives into what most seasoned readers and researchers crave, the truth, or at least something that resembles the truth. He touches base on the elitist groups which make the “big wheels” turn in society. It is the wealthy power brokers that govern the masses and there seems to be no sign of stopping the extension of globalization.

“Rule by secrecy” can involve hard to define groups, persons, or systems. Just to name a few: The Trilateral Commission, Council on Foreign Relations, Bilderbergers, Federal Reserve System, Round Tables, Rockefellers, Morgans, Rothschilds, and the Knights Templar. Marrs looks into these empire builders and the powerful influence that the members share. What is it that all of them have in common? Secrecy. There can be no argument that secret societies, in fact, do exist and there are documents to prove it.

“Likewise, there is no question that members of these societies exert inordinate control over many of the largest corporations and banks in the world.”

Marrs goes further stating, “These societies hold considerable sway over national elections and policy, yet seem strangely immune to any investigation, whether by government or the mass media.”

The Iron Mountain Boys have used their authority to foment winless wars, revolutions, and countless conflicts. Marrs informs us that the U.S. taxpayers are paying the tab for the weaponry that we have given to characters like Saddam Hussein, only later to launch missiles at the same monsters that we have invented.

We have traded with the enemy, banked with the enemy, and we have even created the enemy when necessary. All of this is done under the guile of secrecy and is executed by secret societies.

The global elite is a loosely defined group of the richest and most powerful people in the world, including “politicians, central bankers, chief executives and lesser mortals” like those who gather at the annual World Economic Forum in Davos, Switzerland, traditionally held near the end of January.

There are topics covered like Freemasonry, Illuminati, and Theosophy. Marrs supplies ample detail about Freemasonry, Masonic plots, and the captivating Captain Morgan murder mystery.

(Captain) William Morgan was a resident of Batavia, New York and he was presumed murdered by Freemasons. Morgan was going to publish a tell all book entitled Illustrations of Masonry and this may have upset some members in the local Batavia lodge.

On the night of September 11, 1826, a man paid Morgan’s bond at the jailhouse, where previously he was most likely arrested on false charges. Subsequently, two men went to a waiting carriage, which arrived the next day at Fort Niagara. The unofficial story said that Morgan was taken in a boat to the middle of the Niagara River and drowned. He was never to be seen again, although his book would be published posthumously in 1827.

“In 1848, Henry L. Valance allegedly confessed to his part in the murder on his deathbed, a story recounted in chapter two of Reverend C. G. Finney’s book The Character, Claims, and Practical Workings of Freemasonry (1869).”

Marrs has documented and summarized the essentials based on historical evidence, and he shares his vast knowledge with the reader. His worldview explains where we have been and where we are going.

The book is packed full of enticing historical facts that history buffs will cherish. Marrs definitely knows his history. I personally enjoyed Rule By Secrecy very much and I highly recommend it to like-minded enthusiasts.

“Jim Marrs is an American former newspaper journalist and New York Times best-selling author of books and articles on a wide range of alleged cover ups and conspiracies.” Marrs is a prolific writer and is well-known for his classic book about the Kennedy Assassination, Crossfire: The Plot That Killed Kennedy.

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From Major Jordan’s Diaries

By RD Bentley on March 10, 2013 in The Book Shelf

In this segment we explore the book From Major Jordan’s Diaries, where wartime exports are examined and explanations are given.

From the OpenLibrary Archives: On Dec. 2, 1949, in a radio interview with Fulton Lewis, Jr., George Racey Jordan, a former United States Army Air Force major, alleged that shipments of uranium, heavy water, and engineering documents referring to Oak Ridge, Tenn., were shipped through Great Falls, Mont., to the Soviet Union during 1943 and 1944. In this and subsequent statements on the radio, in the press, before the House Committee on Un-American Activities, and to Joint Committee staff members, the exact charges varied but there were some very strange allegations that followed. One very peculiar allegation was the USA shipping uranium to the Soviet Union in 1943!

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Matrix Analysis ►

1...Democratic candidates say they would not allow Chinese companies to build critical US infrastructure
2...Europe loses confidence in USA, sees China as new world leader
3...Powerful Mobile Phone Surveillance Tool Operates in Obscurity Across the Country
4...Matt Taibbi: Time to Bring Back 'Unbiased' Reporting?
5...Freddie Sayers meets Glenn Greenwald to discuss censorship
  • CoffeeHead News ►

    1...Music stars slam UK’s ‘shameful’ failure on EU touring rules
    2...Gazprom in talks with Ankara over supplying gas to Europe
    3...Former ADT Technician Pleads Guilty to Hacking into Security Footage to Spy on Naked Women
    4...Hard-luck Maryland town gets a $731.1 million Powerball win
    5...A Reporter’s Footage from Inside the Capitol Siege | The New Yorker
  • Trends ►

    1...French factories might introduce ‘dog collars’ to keep workers physically distanced
    2...Joe Biden’s business allies discuss ways to pay for infrastructure plan, including a carbon tax
    3...GM to Sell Electric Cargo Vans to FedEx, Other Fleet Buyers
    4...No Visits, No Parole: Ross Ulbricht Is More Alone Than Ever During COVID-19
    5...Ban on facial recognition technology advances in Minneapolis
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