Gold Premiums Double in India as Demand Outstrips Supply

WAR IS PEACE.

FREEDOM IS SLAVERY.

IGNORANCE IS STRENGTH.

From Reuters:

MUMBAI (Reuters) – Gold premiums doubled in India on Wednesday as suppliers struggled to meet surging demand after a ban on consignment imports, but futures prices fell to their lowest in more than a month as international gold prices fell due to a strong dollar.

India, the world’s biggest buyer of gold, now requires importers to pay upfront for inventory, making it difficult for smaller jewelers with lower working capital to source supplies. The government also raised the import duty to 8 percent in May to keep a lid on the surging current account deficit.

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California Schools to Spend Millions Training Kids to Sell ObamaCare

I have to admit that is getting almost impossible to keep up with all of the completely insane news out there at this point.  Two years ago, I might find one of these articles per week.  Now I am finding at least ten a day.

If you live in California, get ready for your children to come home at night and instruct you about the wonders of ObamaCare as well as the glories of our Dear Leader.  Oh, and this wonderful program will be funded from tens of millions of dollars in state grants.  From Human Events:

The Los Angeles Unified School District will use a state grant to train teens to promote ObamaCare to family members. Covered California, the state’s health insurance exchange, announced grants of $37 million on May 14 to promote the nationally unpopular law.

LAUSD will receive $990,000. The district listed as a primary outcome for its project, “Teens trained to be messengers to family members.”

“We have confidence that the model LA Unified brought to the table will be successful in reaching our target population, which includes family members of students,” she said.

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California Man Faces 13 Years in Jail for Writing Anti-Bank Messages in Chalk on the Sidewalk

This is so horrifying and despicable that I am, for once, literally at a loss for words.  From the Huffington Post: Jeff Olson, a 40-year-old man from San Diego, Calif., will face jail time for charges stemming from anti-big bank messages he scrawled in water-soluble chalk outside Bank of America branches last year. The San Diego … Read more

German Backlash to NSA Spying Begins: “National Security is at Stake”

You’d think that in a country in which a great deal of the population is young enough to remember the East German secret police colloquially known as the Stasi, there would be considerable backlash to the Anglo-American global spy grid. Well it appears that there is.  I want to highlight a scathing critique published a couple of days ago in Der Spiegel, one of the most popular weekly magazines in Europe, with a circulation of more than one million.  In it, Jakob Augstein wrote an article titled: Anglo-Saxon Spies: German National Security Is at Stake.  Here are my favorite excerpts:

American and British intelligence agencies are monitoring all communication data. And what does our chancellor do? She says: “The Internet is uncharted territory for us all.”

That’s not enough. In the coming weeks, the German government needs to show that it is bound to its citizens and not to an intelligence-industrial complex that abuses our entire lives as some kind of data mine. Justice Minister Sabine Leutheusser-Schnarrenberger hit the right note when she said she was shocked by this “Hollywood-style nightmare.”

It may be up to the Americans and the British to decide how they handle questions of freedom and the protection of their citizens from government intrusion. But they have no right to subject the citizens of other countries to their control. The shoulder-shrugging explanation by Washington and London that they have operated within the law is absurd. They are not our laws. We didn’t make them. We shouldn’t be subject to them.

The totalitarianism of the security mindset protects itself with a sentence: If you have nothing to hide, you have nothing to fear. But firstly, that contains a presumption: We have not asked the NSA and GCHQ to “protect” us. And secondly, the sentence is a stupid one: Because we all have something to hide, whether it pertains to our private lives or to our business secrets.

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It’s Acts of Journalism that Matter Not People Called “Journalists”

It is the job of the Fourth Estate to act as a check and a restraint on the others, to illumine the dark corners of Ministries, to debunk the bureaucrat, to throw often unwelcome light on the measures and motives of our rulers. ‘News’, as Hearst once remarked, ‘is something which somebody wants suppressed: all the rest is advertising’. That job is an essential one and it is bound to be unpopular; indeed, in a democracy, it may be argued that the more unpopular the newspapers are with the politicians the better they are performing their most vital task.

– Brian R. Roberts from a October 29, 1955 article in the London periodical “Time & Tide”

Who is a journalist is a question we need to ask ourselves. Is any blogger out there saying anything—do they deserve First Amendment protection? These are the issues of our times.

– U.S. Senator Lindsey Graham

I am extraordinarily bothered by the manner in which the oligarch gatekeepers in the mainstream media and elsewhere are attempting to discredit Glenn Greenwald by saying he is “not a journalist.” While the powers that be are extremely unenlightened and unwise by their nature, they are masters at the art of deception and maintaining their positions of power and status. Thus, whenever they are dealt a crushing blow, they will regroup and fight back in subtle, manipulative and clever ways.  It appears their primary strategy in fighting back against truth-tellers, whistleblowers and journalists in the wake of Edward Snowden’s revelations is by attempting to control the definition of the term “journalist.”  This way they can then proclaim who is a “real journalist” and who isn’t.  Of course, those crowned “real journalists” by the government and mainstream media will be well known statist lapdogs who would never publish anything embarrassing to their masters in power. Those who are not crowned “journalists” by the state will be hunted down to the ends of the earth like Julian Assange and Wikileaks.  We must nip this meme in the bud before it starts to spread and gain acceptance, because not only is it a total fraud, but it also represents a serious threat to the First Amendment.

When fascist Senator Lindsey Graham stated the quote at the top it sparked a well deserved firestorm.  Of all the commentary on it, I found the most powerful to be the following written by Mike Masnick at Techdirt.  He wrote:

As we’ve pointed out, there’s a simple way to solve that problem: just make the shield law cover acts of journalism rather than target journalists. Many people may not be journalists by profession, but still, at times, perform journalism. And it’s not that difficult to figure out which is which. Otherwise, you’re carving out a special class of people in an arena in which people doing the exact same thing would face different rules. 

And the problems of trying to carve out “journalists” instead of acts of “journalism” become pretty clear, pretty quickly. The last time the shield law concept was being debated, Senators Chuck Schumer and Dianne Feinstein tried to add a carve out that made it clear that Wikileaks should not be protected by the law. And that should scare people. Because when the government can magically decide that this kind of journalism is protected, while that kind of journalism which embarrasses the government is not protected, then you no longer have freedom of the press. At all.

Those two paragraphs right there describe perfectly the manner in which we must protect freedom of speech and the press in these United States.  We must see the power structure’s propaganda early on and counter it with truth.  There is absolutely no need to define who is a “journalist” and who isn’t.  What must be protected and defended at all costs are “acts of journalism” not a class of people defined as “journalists.” If we merely do the latter, then we are falling onto a very slippery slope toward creating certain privileges for people that fall into a certain category rather than defending the act itself, which of course is the most important thing to protect.

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“I Feel No More Pain, I am Free”: A Soldier’s Last Words

My body has become nothing but a cage, a source of pain and constant problems. The illness I have has caused me pain that not even the strongest medicines could dull, and there is no cure. All day, every day a screaming agony in every nerve ending in my body. It is nothing short of torture. My mind is a wasteland, filled with visions of incredible horror, unceasing depression, and crippling anxiety, even with all of the medications the doctors dare give. Simple things that everyone else takes for granted are nearly impossible for me. I can not laugh or cry. I can barely leave the house. I derive no pleasure from any activity. Everything simply comes down to passing time until I can sleep again. Now, to sleep forever seems to be the most merciful thing.

You must not blame yourself. The simple truth is this: During my first deployment, I was made to participate in things, the enormity of which is hard to describe. War crimes, crimes against humanity. Though I did not participate willingly, and made what I thought was my best effort to stop these events, there are some things that a person simply can not come back from. I take some pride in that, actually, as to move on in life after being part of such a thing would be the mark of a sociopath in my mind. These things go far beyond what most are even aware of.

To force me to do these things and then participate in the ensuing coverup is more than any government has the right to demand. Then, the same government has turned around and abandoned me. They offer no help, and actively block the pursuit of gaining outside help via their corrupt agents at the DEA. Any blame rests with them.

Is it any wonder then that the latest figures show 22 veterans killing themselves each day? That is more veterans than children killed at Sandy Hook, every single day. Where are the huge policy initiatives? Why isn’t the president standing with those families at the state of the union? Perhaps because we were not killed by a single lunatic, but rather by his own system of dehumanization, neglect, and indifference.

It leaves us to where all we have to look forward to is constant pain, misery, poverty, and dishonor. I assure you that, when the numbers do finally drop, it will merely be because those who were pushed the farthest are all already dead.

And for what? Bush’s religious lunacy? Cheney’s ever growing fortune and that of his corporate friends? Is this what we destroy lives for?

– Iraq Veteran Daniel Somers’ final words before taking his life

The above are excerpts from Daniel Somers’ final letter to his family before committing suicide on June 10, 2013.  The depth, thoughtfulness and pain inherent in this man’s words elicit a sense of anger and sadness that knocked me over emotionally.  RIP Daniel Somers.

Full letter below courtesy of Gawker:

“I Am Sorry That It Has Come to This”:  A Soldiers Last Words

Daniel Somers was a veteran of Operation Iraqi Freedom. He was part of Task Force Lightning, an intelligence unit. In 2004-2005, he was mainly assigned to a Tactical Human-Intelligence Team (THT) in Baghdad, Iraq, where he ran more than 400 combat missions as a machine gunner in the turret of a Humvee, interviewed countless Iraqis ranging from concerned citizens to community leaders and and government officials, and interrogated dozens of insurgents and terrorist suspects. In 2006-2007, Daniel worked with Joint Special Operations Command (JSOC) through his former unit in Mosul where he ran the Northern Iraq Intelligence Center. His official role was as a senior analyst for the Levant (Lebanon, Syria, Jordan, Israel, and part of Turkey). Daniel suffered greatly from PTSD and had been diagnosed with traumatic brain injury and several other war-related conditions. On June 10, 2013, Daniel wrote the following letter to his family before taking his life. Daniel was 30 years old. His wife and family have given permission to publish it.

I am sorry that it has come to this.

The fact is, for as long as I can remember my motivation for getting up every day has been so that you would not have to bury me. As things have continued to get worse, it has become clear that this alone is not a sufficient reason to carry on. The fact is, I am not getting better, I am not going to get better, and I will most certainly deteriorate further as time goes on. From a logical standpoint, it is better to simply end things quickly and let any repercussions from that play out in the short term than to drag things out into the long term.

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Top Law Firm Weil, Gotshal & Manges Announces First Mass Layoffs in 82 Years

Nothing says economic recovery like one of the most profitable and prestigious law firms in  the nation announcing mass layoffs for the first time in 82 years.  Yep, four years after the so-called “recovery” began, things are so good that Weil, Gotshal & Manges has decided to cut 7% of its associates and slash annual compensation for 10% of its partners by hundreds of thousands of dollars.  As the article below notes, there is still massive overcapacity in the legal profession and this announcement is likely to spark a wave of layoffs in the industry.  Not to worry though, Blackstone will continue to place all cash bids on empty homes in Nevada and Arizona.  From the New York Times’ Dealbook:

One of the country’s most prestigious and profitable law firms is laying off a large number of lawyers and support staff, as well as reducing the pay of some of its partners, a surprising move that underscores the financial difficulties facing the legal profession.

Sixty junior lawyers, known in law firms as associates, will lose their jobs. That amounts to roughly 7 percent of Weil’s associates. Roughly 30 of the firm’s 300 partners are having their annual compensation reduced, in many cases by hundreds of thousands of dollars. And 110 staff employees – roughly half of them legal secretaries – are being let go.

Dan DiPietro, chairman of the law firm group at Citi Private Bank, said that there were too many lawyers at the country’s largest firms, estimating the excess capacity at as much as 10 percent of the lawyer population. He believes that the profession could possibly experience a wave of job cuts.

“Our market share has been improving, but the market has been shrinking,” Mr. Wolf said.

“We believe that this not just a cycle but that the supply-demand balance is out of whack across the industry,” he said. “If we thought this was a cycle and our business was going to pick up meaningfully next year, we would not be doing this.”

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Nancy Pelosi Gets Booed and Heckled by Supporters for NSA Support

You know it’s bad for the establishment when Nancy Pelosi gets booed and heckled by her own supporters at a progressive gathering in her home state of California.  It seems the actions of the criminals in control of these United States finally have become so absurd that the apathetic citizenry is being shaken from its long slumber.  While the process may be frustratingly slow for many of us, things are moving in the right direction at the grassroots level and the zeitgeist of the nation is changing for the better.  Once again, we must be eternally grateful for the courageous actions of Edward Snowden, as his disclosures have forced us all to honestly pick a side between freedom and fascism.  From the Associated Press:

SAN JOSE, Calif. (AP) — House Minority Leader Nancy Pelosi has disappointed some of her liberal base with her defense of the Obama administration’s classified surveillance of U.S. residents’ phone and Internet records.

Some of the activists attending the annual Netroots Nation political conference Saturday booed and interrupted the San Francisco Democrat when she commented on the surveillance programs carried out by the National Security Agency and revealed by a former contractor, Edward Snowden.

As she was attempting to argue that Obama’s approach to citizen surveillance was an improvement over the policies under President George W. Bush, an activist, identified by the Mercury News as Mac Perkel of Gilroy, stood up and tried loudly to question her, prompting security guards to escort him out of the convention hall.

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Obama is Called a “War Criminal” & “Hypocrite of the Century” in Irish Parliament

I had never heard of Clare Daly before yesterday, but I have a sneaking suspicion we are all going to be hearing a lot more from her in the months and years ahead.  This speech in front of the Irish Parliament is not only blistering and articulate, but more importantly demonstrates further evidence that anger … Read more

Join the Inside Bitcoins Conference July 30th in NYC!

After a tiresome, yet breathtakingly beautiful 7 hour drive from Boulder to Telluride, I finally made it to the Bluegrass Festival in time to catch Steve Martin play the banjo and close out day one with some incredible tunes.  Since I’ll be preoccupied through Sunday watching music and enjoying a few of days off, I … Read more