Romney cancels trip to Olympics, Peres last minute opt-out - something in the air?

The Rumor Mill News Reading Room 

Romney cancels trip to Olympics, Peres last minute opt-out - something in the air?

Posted By: Dquixote1217 [Send E-Mail]
Date: Friday, 27-Jul-2012 10:03:24

In a statement issued by the Romney Campaign today, the GOP Presidential Candidate has retroactively cancelled his visit to the London 2012 Olympics. http://www.dailykos.com/story/2012/07/27/1114153/-Mitt-Romney-retroactively-cancels-visit-to-London-2012-Olympics-Opening-Ceremony Besides the sudden dropout of several stars of sport industry, the Zionist president of Israel Shimon Peres made a last-minute decision of NOT ATTEND the London Olympics. http://newsworldwide.wordpress.com/2012/07/11/israel-president-shimon-peres-cancels-trip-to-olympics/ Something in the air?

Invitation Facebook VIRUS - Do Not Open

Subject: Fw: VERY URGENT!!!PLEASE READ AND SEND TO EVERYONE YOU KNOW
To:

IN GOD WE TRUST.

VERY URGENT.........PLEASE READ AND SEND TO EVERYONE YOU KNOW - Olympic In the coming days, you should be aware.....Do not open any message with an attachment called: Invitation FACEBOOK, regardless of who sent it. It is a virus that opens an OlympIc torch that burns the whole hard disc C of your computer. This virus will be received from someone you had in your address book. That's why you should send this message to all your contacts. It is better to receive this email 25 times than to receive the virus and open it. If you receive an email called: Invitation FACEBOOK, though sent by a friend, do not open it and delete it immediately. It is the worst virus announced by CNN. A new virus has been discovered recently that has been classified by Microsoft as the most destructive virus ever. It is a Trojan Horse that asks you to install an adobe flash plug-in. Once you install it, it's all over. And there is no repair yet for this kind of virus. This virus simply destroys the Zero Sector of the Hard Disc, where the vital information of their function is saved. SNOPES SAYS THIS IS TRUE http://www.snopes.com/computer/virus/facebook.asp

Bounty Hunters Outrage in Ventura County, CA

ALERT!  PUBLIC VIGIL NEEDED - SEND THIS OUT TO ALL - MAKE GO VIRAL!

http://www.naturalnews.com/036611_James_Stewart_Bounty_Hunters_Ventura_county.html

In the United States - bounty hunters drive cars with no plates, carry weapons, intimidate witnesses over purchase of raw milk!!!! This is ridiculous!  Humans lived off raw milk for centuries until the FDA and EPA were brought in to existence.

A partial video of the incident was captured by a witness. That video link is here:
http://www.youtube.com/watch?v=UYTP9C7jtrI

James is currently residing in the Ventura county jail. As NaturalNews previously reported, James was tortured in the Los Angeles jail system for a period of eight days (http://www.naturalnews.com/035208_James_Stewart_torture_county_jail.h...).

PLEASE CONTACT ON JAME'S BEHALF - EXPRESS YOUR THOUGHTS -

Here's the full contact information for the Ventura County DA's office:
http://da.countyofventura.org/contact_information.htm


Learn more: http://www.naturalnews.com/036611_James_Stewart_Bounty_Hunters_Ventura_county.html#ixzz21pbuhexK

Learn more: http://www.naturalnews.com/036611_James_Stewart_Bounty_Hunters_Ventura_county.html#ixzz21pbKpOA0

Learn more: http://www.naturalnews.com/036611_James_Stewart_Bounty_Hunters_Ventura_county.html#ixzz21pbYIOpA

 

Message from SaLuSa by Mike Quinsey - July 27, 2012

The Rumor Mill News Reading Room 

Message from SaLuSa by Mike Quinsey - July 27, 2012

Posted By: Mr.Ed [Send E-Mail]
Date: Friday, 27-Jul-2012 04:34:28

Message from SaLuSa by Mike Quinsey - July 27, 2012 Look around you and keep your eyes and ears open, as you will see evidence of the arrests that are beginning to spread around the world. We have often urged our allies to speed up their actions, but at the same time we have allowed for the need to make sure everything proceeds as is necessary. The weight of evidence against those who have corrupted the banking system is overwhelming, and it is therefore the right time to strike. These are some of the most important issues to be dealt with, and our next moves hinge upon the outcome. It is clear that the old system must be totally changed, and currently the banks are far too big and powerful. Ultimately they must be reduced in size and made more accountable to the people they serve. By far the biggest problem is debt, and the giving of more bail outs only compounds the situation that now exists and threatens total collapse. That however is a blessing in disguise, inasmuch that the position is irretrievable and we have the solution which they will be forced to accept. There is no other way than debt forgiveness for all of those countries that have had to take crippling loans. It can then be extended to many personal situations, but not where money is owed for services rendered. You cannot expect to move on and take in the changes that are going to lift you up, unless the rubbish has first been swept away. So Dear Ones if you find it possible to enjoy the demise of the cabal, do so knowing that they will soon be unable to dictate your life style to you any more. The misery, poverty and lack will be changed by the coming of abundance, along with the restoration of your freedom. It is what you have been waiting for and will go ahead once governmental changes have taken place. Just bide your time and let the predictions of catastrophic events pass you by, as you have far more to look forward to that is positive and for your benefit. Have we not told you many times that all is well, and you are already on the path to Ascension which will see the final end of duality. You should know by now that if you are ready to ascend you will be successfully living your truth, and act from a position of understanding of the Oneness of all souls and treat them accordingly. Perfection is not expected while you are still learning to raise your vibrations, therefore intent is a very necessary requirement. Souls that have never gone through an earthly incarnation have not experienced what you have, but nevertheless have their own plans for evolving. However, their progress is much slower than yours and that is their choice. Time does not come into it and all souls are free to take a path that suits them as individuals. Your experiences like all others goes into the pool of knowledge for others to use, as there is no need to experience everything personally. It is why we commend you for having taken on such a difficult choice, as duality is a most testing dimension that is hard to rise above. Clearly as you amass experience you are evolving, and even if it seems slow progress you will eventually lift yourself up. Of course there is always help available to you, and all you have to do is put out the thought and you will get a response. Even as we of the Galactic Federation of Light are with you now, so are many other Beings that take on such responsibilities as service to others. Those in the higher levels are always available to help others and that is quite normal. After many lives in the lower vibrations you are at last realizing that you have never been alone, although it seemed that way. The fight between the dark and Light for your soul is all but over, but do not move your sight from your goal and do not give way to the fearmongers that act out of ignorance. They have been brainwashed into believing that the Earth is all there is to life, and see no further than the drudgery and serfdom. For those of you who have broken out from it you can now bask in the Light of Truth. You are sufficiently understanding to not just hold onto it, but forge ahead towards the New Age. Before Ascension we will have fully entered your lives through disclosure, and the truth will be set before you. It will be up to you how much you accept as there will be no pressure placed upon you to do so. You take whatever fits in with your personal understanding, and that way you will grow at your own speed. We believe there are better ways to evolve than religious constructs, and do not come to place another one upon you. Simply stated the Truth Is All That Is, and whatever path you travel it will eventually lead to it. You have the ability you need to evolve, and as your levels of consciousness expand which they will, it will become much easier to identify beliefs that support the truth. We notice that many people become so involved with what is planned for the future years, that they overlook the fact that this cycle has little time left. So much of that which worries you now will never materialize, so do not put your energy into it as it is of no consequence. Keep your sights on the immediate happenings, and as the dark Ones are revealed for what they are, have sufficient compassion to forgive and send them Light. Remember that you have all experienced the highs and lows of duality, and until you have full remembrance of past lives you just do not know how low you might have fallen. Yet here you are today standing in the Light and able to help others who have not reached that stage. Dear Ones, it is never too late to change your ways or views of life. However, once you begin to understand, lift yourself up and live as you believe a soul of the Light is intended to be. You will find that the higher you can reach the more peace and calmness enters your life. You become in control of it and serving others is as simple as shining out your Light. You do not need to do more unless you feel called to do so. If you have a special role to play in these end times, be assured that the opportunity will present itself to you. I am SaLuSa from Sirius, and as we have the technology and more than ample personnel to deal with your needs, we have no desire to place too much responsibility upon you. At the same time you have requested opportunities to assist and we are pleased to accept, and after all you have karma that links you with the changes required that need to be played out. We thank you for awakening to your challenges, and send our love to help you all. ` Thank you SaLuSa. Mike Quinsey. THE GALACTIC FEDERATION BY MIKE QUINSEY http://gfbymikequinsey.blogspot.com/

Message from the Galactic Federation of Light 7/26/12 ‘Time Portal Earth’

The Rumor Mill News Reading Room 

Message from the Galactic Federation of Light 7/26/12 ‘Time Portal Earth’

Posted By: MESETA [Send E-Mail]
Date: Thursday, 26-Jul-2012 20:16:09

Do you see now why we have not yet begun our many projects and programs with you dear ones? Do you understand that the playing field must be cleared of what we feel are sufficient numbers of your criminal cabal so that we may feel secure entering your world to begin working with you on a personal level? At this time, there are still far too many ‘loose cannons on deck’, and we wish to see far more numbers of those of your criminal elements apprehended and incarcerated before we set a foot on your soil that at this time we feel is unsafe and unprotected ground. We have all the confidence in the world this will indeed change, and we are monitoring this situation around-the-clock and day by day and we will keep you abreast of any and all updates regarding this matter. We will not keep you in the dark for one moment longer than you have to be, as we firmly believe and it is our philosophy that the people of worlds have a right to know about everything that transpires in and around their world and also throughout the entire universe, for we share this universe and what happens in one area of space and time affects all areas like a pebble dropping into a stilled pond. Do you understand this metaphor, dear ones? That one tiny splash in one corner of the galaxies affects all other reaches of this entire universe, no matter how small the splash or the pebble. Understanding this may help you better understand why we, the Galactic Federation of Light, are here knocking on your door with offers of our assistance to change the structure and the nature of your planet, for your pond is connected to this great ocean of our universe and we feel your pain, we experience your losses and struggles, for we are connected to you. You are our kin, our brothers and sisters. You are, in another way, a very important way, us and we are you. Do you understand yet that there are those of you who are younger shades of some of us? Not all of you hold this distinction, we wish to make that clear, and we feel this will clear some question, confusion and mystery. There are some of you who are younger forms of us, if you will, of beings who are at this time standing here with us as members of our organization. Some of you are parts or pieces of another being that is here working with us on this side of the veil. Many of you reading these words could even be writing these words and sharing them through our channel. Do you understand this? Do you understand that there are multiple parts, multiple facets of your being, as you are a multi-dimensional, multi-time, multi-space, even multi-universal being? Are you starting to get a clearer picture of what is possible for you dear ones? Again, not all of you hold this classification or distinction. Some of you are you. In other words, the total sum of ‘you’ is contained within your physical vessel at this moment in your time. Some of you do not have higher parts in other places and other times at this moment, of what you consider time anyway. Not all of you come from the same places, not all of you are made of the same aspects of creation, of form, of spirit. Many of you will, in the days to come, understand this much clearer when the veil is lifted from your eyes, but today we would like to touch upon how it is that you can exist there and exist here. This is possible as there really is no such thing as ‘there’. There is only space, and through space, time portals are created to allow an individual or collective of beings to participate in a program or experience where they will enter a time portal and experience something like you dear ones are experiencing right now at what you feel is this time of your day, your life and your planet's history, though we wish to say that it is nothing more than a mere illusion, as beyond, out and through your current time portal nothing that you are experiencing truly exists, including the aspect of you that you are experiencing as yourself, your being at this time. Do you understand this? Do you understand that beyond the portal that you have entered for this experience you are something else, you are something more, you are something forever, something eternal, something even greater, even more powerful, even more wise, even more learned, more knowledgeable, more brave, more courageous, more determined, more honest, more giving, more charitable, more forgiving, more loving, more understanding? We share this information with you today to prepare, in a way, as many of you as possible who will in the not too distant future experience this remerging with who it is you truly are beyond the exits of this time porthole you have entered, in some cases many eons ago, or should we say, this aspect of yourself you have entered that has been apart from the true being that you are. You have been here so long because many of you agreed to enter this time portal and not exit this time portal and return home until a certain goal was reached. That goal that you set out for yourselves as a collective and as an individual being is clearly insight for many of you now. Are you starting to better understand what ascension is for you dear ones? Are you starting to remember, possibly a little bit, that your ascension is the finish line, is the escape, if you will, from this portal of time? This is what your ascension is; it is your return home after a long and often grueling but always rewarding and educational experience in this very unique time portal known to you as 3rd dimensional Earth and time. The ‘time’ that you have come to know and understand so well and live under its rule is, for many of you, dissipating, disintegrating, vanishing as you enter the exiting doorway of this ‘time’ portal. The constraints of this illusion of time, the power of this illusion of time, the grip of this illusion of time, begins to weaken and you begin to free yourself from its properties, from its laws, from its apparent but illusionary existence. Do you understand this as well my friends? Do you understand that time for you is now fleeting and it will vanish, and all that time has done to you, to your body, to your spirit, your energy, your drive, your determination, your youth, your exuberance, your happiness, your childlike demeanor and expectations of life will also clarify, dissipate, clear up, vanish, disappear, and you will once again be whole, be the everything that you are, the every being that you are, the multifaceted, multidimensional, powerful, eternal and forever youthful and energized being that you truly are before you entered this time portal and even while you existed within this time portal for many eons of time? It will be so wonderful to welcome you back home to yourself, to your real lives, to your real families, to everything that you are and everything that you have ever been, as all of this that you now understand as your one true reality amounts to nothing more than a summer field trip to the beach, to the park or to the mountains to gain a higher education, to socialize with your friends and meet new acquaintances and even sometimes adversaries to help you learn even more lessons than could be possible without such antagonists. Today we would just like you to think about and remember that for those of you who are prepared to cross that finish line and exit duality and enter reality, we say to you welcome home, it has been for you a long time and you have earned your right to call it a day and return home to all and everything that you are and that you consider your real life, for the curtain is now coming down on this performance and you have all done a remarkable job and we say bravo. Until tomorrow dear ones, we are your fellow stagehands, actors, playwrights, producers, directors, sound and lighting engineers and audience members alike of the Galactic Federation of Light. As channeled through Greg Giles

http://www.ascensionearth2012.org/

Cobra Update 7-26-12…”Explosion of Light”

The Rumor Mill News Reading Room 

Cobra Update 7-26-12…”Explosion of Light”

Posted By: MESETA [Send E-Mail]
Date: Thursday, 26-Jul-2012 20:11:19

from Kauilapele's blog: Today this article by Cobra came to my attention. I will simply say what I often say when something "hits" that spot of, "Yes, you are correct, sir (or ma'am)!"... And that is, "Wow!" So let me get this straight... We're approaching "The Event horizon." We are about to burst out of "the black hole of quarantine Earth", and when we do, "there will be an explosion of Light on non-physical planes." We've been kept in this "quarantine", not by the Galactic Confederation, but by "the dark forces," via a "quantum anomaly [which] is a distortion of time-space continuum on quantum level". Well, that's simple, isn't it? This was done by: 1."Etheric implants... [kept] inside strong etheric electromagnetic fields", which create "eternity loops" 2."Projection chambers" that project images and emotional states that are not ours... so [that] other people feel this projected image and not our true state [recall the Tolec interviews about underground emotion-inducer bases], and... 3.An "ordinary (mundane) reality" creation system, that "the Cabal spends about three billion dollars" a day to maintain (which also could be called the "Jane Fonda, Lily Tomlin, Dolly Parton '9 to 5' movie effect"). Well, that's the gist, and here are a few highlights. Highlights •The Event horizon is the exit point of the black hole of quarantine Earth. When we exit the black hole, there will be an explosion of Light. •This means an end of quarantine status for planet Earth and end of darkness in this universe... [the] quarantine... created by the dark forces 26,000 years ago and NOT by the Galactic Confederation. •What maintains the quarantine is quantum anomaly. •The main structure that keeps humanity in tihrd [third] dimension are etheric implants. They form a network of black hole wormholes... •Those black holes contain reptilians and their technology on etheric plane and they are being intensively purified by the Light forces right now. •When... completely removed there will be an explosion of Light on non-physical planes. •Eternity loops are distortions of space-time continuum that give an impression that quarantine will last forever. Nothing could be further from the truth. •Another... structure is a special Archon technology on the etheric plane... chambers that project certain images / emotional states that are not ours on our outer auric membrane. •When this technology is removed, people will suddenly find much more harmony in their relationships. •The last main factor of the quarantine is the ordinary (mundane) reality. This reality system is an artificial creation of the Cabal and most people buy into this reality frame without questioning it. •...by suppressing all real UFO evidence... free energy technologies... maintaining nine to five job slavery... by adopting shamanic point of view of creating your own reality [and] creating your own reality bubble you help [disintegrate] the quarantine. •There is a special joint operation of the Resistance Movement, the Pleiadians and other positive ET races that dismantles the quarantine. •August and September... months of much background activity... remain patient and calm within this time period, especially in September with another Uranus / Pluto square. •...the Olympics false flag event... All activities of the Cabal... are closely monitored... It is extremely unlikely that any major negative event will happen then. more...

http://2012portal.blogspot.com.br/2012/07/normal-0-microsoftinternetexplorer4_26.html

+  +

Retraction: Operation Compassion

John's Comments - Thank you Steve for these honorable comments. OPC is humbled and appreciative. Praying that we can go forward and distribute these Blessings.
=======================================================================

Retraction: Operation Compassion

2012 JULY 25

COMMENTS OFF

Posted by Steve Beckow

I’d like to correct an error that I made and hopefully the blog sites that reproduced my earlier article will pick up on this retraction as well.

I said earlier that I thought that a letter asking for personal information that came from John McHaffie’s OPCompassion (Operation Compassion) site might be a phishing letter and to be wary of giving personal information away.

I have actually asked Archangel Michael through Linda Dillon in my reading today about thebona fides of John’s program and have been told that it is legitimate and could be used as an outlet for pre-NESARA money. Please note that that is what AAM said and is not a statement that I’m attributing to John.

Please do not hear these remarks as extending to such matters as Iraqi revaluation, etc. On those subjects I’m not qualified to comment and don’t wish to be seen as commenting. But on the subject of John’s site being possibly used for the distribution of pre-NESARA funds to lightworkers, Archangel Michael has said that they are definitely a possibility.

I apologize to John and Operation Compassion and retract the comments I made earlier.

I reproduce a letter from Kathy, its Operations Manager:

---

This is Kathy and I am the Operations Manager (some call me VP) for Operation Compassion (OPC), the needs application and program that was founded by John MacHaffie of the NESARA NEWS BLOG. I wanted to respond to a post that was on the 2012scenario website and to give some background information and understanding to John’s efforts and how OPC evolved. read more…

http://the2012scenario.com/

NYT: Obama Writes News For Us

JULY 24, 2012 BY DOUG BOOK 13 COMMENTS

inShare11

A New York Times article has revealed that Administration-related “news” reported by the national press corps must first be approved for publication by Barack Hussein Obama.

Times contributor Jeremy Peters has revealed that in exchange for access to White House officials, reporters must promise the Administration full authority to exclude, redact, or edit any and all statements made by those officials. This provides Obama with “veto power” over information printed by a purportedly free and vigilant American media. (1)

Certainly, Jeremy Peters must be congratulated for bringing this information to the American public. But the way in which he presents this despicable story of media manipulation is perhaps even more revealing than the story itself. For according to Peters, members of the press corps have been “reluctant” to yield dominion over their journalistic autonomy to the White House. “‘We don’t like the practice,’ said Dean Baquet, managing editor for news at the New York Times.” “ ‘We encourage out reporters to push back.’ ”

But what, precisely, is it about this Obama Administration practice that offends New York Times reporters? Is it that the man they worked so diligently to put in the White House, the man whose past they refused to investigate, the man for whom they provided cover and excuses for, is suddenly asking that they sacrifice their ethical standards? Are these reporters ashamed that they are lending their name to White House press releases posing as news articles? Are they concerned that an appearance of bias might be associated with their work?

And against whom, exactly, would this New York Times editor suggest his honest and faithful cabal of reporters “push back?” Would it be against an Administration with which they share a common social, economic, and political vision?

The Washington, DC press corps has eagerly supported the schemes and dreams of Barack Obama for years. They are dedicated, fellow members of the far left, working at every turn to advance the cause of their Marxist leader in the White House.  If they are in any way at odds with the thuggish media practices of the Administration, it is only because their feelings are hurt by the thought Obama might not trust them to adequately protect or advance his interests!

Yet even as their dangerous and dishonest practices are exposed, members of the media seek to protect and excuse themselves with the claim that they only very reluctantly allow the Obama Administration to write, publish, and represent pro-Regime press releases as “news!” A laughably dishonest claim of journalistic objectivity right to the bitter end.

One reporter, at least, has finally admitted that Obama writes his own news. And we all know there is nothing “reluctant” about it.

Photo credit: niallkennedy (Creative Commons)

Follow Coach at twitter.com @KcoachcCoach

http://www.westernjournalism.com/nyt-obama-writes-news-for-us/

The biggest company in the world is days away from drilling for oil in the Alaskan Arctic

Dear friends across the USA,

An epic struggle for survival is unfolding in the pristine Arctic – but instead of finding a plan to save it, our government is allowing Shell to go in and drill for oil. Click below to call US Environmental Protection Agency chief Lisa Jackson and urge her to stop Shell and save the Arctic!

The biggest company in the world is days away from drilling for oil in the Alaskan Arctic, a breeding ground for whales and polar bears. The Environmental Protection Agency can stop them, but it’s up to us to demand they do and save the Arctic now.

EPA Administrator, Lisa Jackson, can right now withdraw Shell's Arctic permit because the company is unable to meet air pollution controls for their ships, violating the terms of the permit. Environmental activists are raising the alarm, but unless we make it a huge scandal, Shell will use its muscle and the Arctic will be open for the oil business.

Lisa Jackson has stood up to the energy industry before, but Shell is a Goliath that won’t be easily knocked back. We are running out of time -- let’s make this decision the line in the sand that protects this great wilderness from becoming an oil field. Call Lisa Jackson now on 202-564-4700 and urge her to save the Arctic-- then let’s share our experience and thoughts by posting a comment at the link below.

http://www.avaaz.org/en/save_the_arctic_call_in/?bBbiodb&v=16618

Here are some suggestions for things to say:

1. Shell has violated the terms of its Arctic permit by failing to meet the air quality requirements specified for ships.
2. This violation means that Shell should be refused permission to drill in the Arctic right now.
3. As a US citizen concerned about the demise of the Arctic and the threat of climate change, I urge you to fully revoke Shell's Arctic drilling permit.
4. The Arctic is one of the world's last untouched environments. It is a treasure that should be protected for future generations to enjoy not opened up for oil companies to make more profits and further destroy our planet.
5. You can stop the charge for Arctic drilling. If you revoke Shell's permit now it will send a clear message that the government is serious about preservation and the future of the planet. If you fail to revoke Shell's permit it will state clearly that the government puts polluters profits before people and our planet.

The Arctic is melting faster than most scientists predicted. Climate change is driving dangerous temperature rises -- just last week, a chunk of a glacier nearly 40 kilometres long broke off Greenland. Some estimates predict that in just 4 years, the arctic will be completely free of ice in the summer months.

Yet for some this planetary disaster is the 21st century gold rush. Companies and countries who hope to make billions are lining up to frantically grab their share of oil, gas, and minerals.

This is a simple decision: the people and planet’s future or increasing Big Oil’s profits with a 40% possibility of a catastrophic oil spill. If Lisa Jackson gives Shell the permit now then Exxon, Chevron and the rest of Big Oil will cover these beautiful icy landscapes with dirty rigs, pumps and pipes. Let’s now urge Lisa Jackson to stop Shell before it’s too late – Call the EPA now: 202-564-4700 and then leave a comment here:

http://www.avaaz.org/en/save_the_arctic_call_in/?bBbiodb&v=16618

Arctic drilling has already been condemned by the Insurance companies, the US Coast Guard, and in the last week, Greenpeace and others have been taking to the streets. But to stop this madness we all need to join together to target the one person that can stop it. Let’s ensure that the Arctic is saved from the danger of drilling and instead protected as a global treasure.



With hope,



Iain, Alice, Sam, David, Aldine, Diego, Ricken and the rest of the Avaaz team



More information and sources:

Rolling Stone: “Global Warming's Terrifying New Math”
http://www.rollingstone.com/politics/news/global-warmings-terrifying-new-math-20120719

The Guardian: “Arctic wilderness faces pollution threats as oil and gas giants target its riches”

 http://www.guardian.co.uk/world/2012/jul/22/arctic-ice-melting-oil-drilling


Dutch News: “Shell is 'world's biggest company'”
http://www.dutchnews.nl/news/archives/2012/07/shell_heads_global_500_list.php

New York Times: “Shell Seeks to Weaken Air Rules for Arctic Drilling”
http://green.blogs.nytimes.com/2012/07/13/shell-seeks-to-weaken-air-rules-for-arctic-drilling/

LA Times -- “What if an oil spill happened at an Arctic well?"
http://articles.latimes.com/2010/may/06/nation/la-na-oil-arctic-20100506

Support the Avaaz Community!
We're entirely funded by donations and receive no money from governments or corporations. Our dedicated team ensures even the smallest contributions go a long way.

Now Break Up the Big Banks

Wall Street Perpetrator Sandy Weill: Now Break Up the Big Banks

Sanford I. Weill, what a hypocritical ass

Update: See also The Citigroup CEO Who Broke Glass-Steagall Wants It Back.

Sanford I. Weill, what a hypocritical ass.  Back in the Clinton administration, before they finally killed Glass Steagall, Sandy put together Citigroup. 

 At the time, it was a violation of Glass Steagall.

 He did it anyway, believing, correctly, that Congress and the regulators would do nothing.  He was right, they did nothing but repeal Glass Steagall.

In an interview, he actually said that Glass Steagall was not necessary and the bank would be so big that the safety net would be the U.S. government.  He’s always been on my list of one of the destroyers of our financial system.  Now, look what this ass says below. 

An apology at least would be nice!

From CNBC

Former Citigroup Chairman & CEO Sanford I. Weill, the man who invented the financial supermarket, called for the breakup of big banks in an interview on CNBC Wednesday.

“What we should probably do is go and split up investment banking from banking, have banks be deposit takers, have banks make commercial loans and real estate loans, have banks do something that’s not going to risk the taxpayer dollars, that’s not too big to fail,” Weill told CNBC’s “Squawk Box.”

He added: “If they want to hedge what they’re doing with their investments, let them do it in a way that’s going to be market-to-market so they’re never going to be hit.”

He essentially called for the return of the Glass-Steagall Act, which imposed banking reforms that split banks from other financial institutions such as insurance companies.

“I’m suggesting that they be broken up so that the taxpayer will never be at risk, the depositors won’t be at risk, the leverage of the banks will be something reasonable, and the investment banks can do trading, they’re not subject to a Volker rule (the Volcker rule explained), they can make some mistakes, but they’ll have everything that clears with each other every single night so they can be marked-to-market,” Weill said.

He said banks should be split off entirely from investment banks, and they should operate with a leverage ratio of 12 times to 15 times of what they have on their balance sheets. Banks should also be completely transparent, Weill said, with everything on balance sheet. “There should be no such thing as off balance sheet,” he said.

If banks hedge in any way, Weill added, positions should be marked-to-market (marked-to-market explained) and cleared through an exchange.

Weill said that by breaking up banks, they would be “much” more profitable.

“This is what all the regional banks do and everybody says buy regional banks,” he said. “They’ll just be bigger regional banks.”

Weill suggested that breaking up banks is the only way to rebuild the financial industry’s reputation in the wake of recent scandals and missteps.

“I want to see us be a leader, and what we’re doing now is not going to make us a leader,” he said.

http://www.veteransnewsnow.com/2012/07/26/wall-street-perpetrator-sandy-weill-now-break-up-the-big-banks/%EF%BB%BF%EF%BB%BFsanford-i-weill/