Saturday 7 September 2013

G20 Votes: Let's go home? and in other news, the money is gone.

I absolutely LOVE all the transparency that is coming out everywhere.  The article below was written by political satirist Borowitz, but the mere fact that it has gone viral across major news and media outlets is an indication of the public view point.  Now I can't confirm any of the article and all the videos from the now ended G20 Summit are very formal ones from within the Summit with very little in the way of "other" press moments..... but as soon as I can get any sort of update, I will post it here.

Another huge round of applause and thanx to the Research Team- you guys are awesome!!

G20 Ends Abruptly as Obama Calls Putin a Jackass

ST. PETERSBURG (The Borowitz Report)—Hopes for a positive G20 summit crumbled today as President Obama blurted to Russia’s Vladimir Putin at a joint press appearance, “Everyone here thinks you’re a jackass.”
The press corps appeared stunned by the uncharacteristic outburst from Mr. Obama, who then unleashed a ten-minute tirade at the stone-faced Russian President.
“Look, I’m not just talking about Snowden and Syria,” Mr. Obama said. “What about Pussy Riot? What about your anti-gay laws? Total jackass moves, my friend.”
As Mr. Putin narrowed his eyes in frosty silence, Mr. Obama seemed to warm to his topic.
“If you think I’m the only one who feels this way, you’re kidding yourself,” Mr. Obama said, jabbing his finger in the direction of the Russian President’s face. “Ask Angela Merkel. Ask David Cameron. Ask the Turkish guy. (the "Turkish guy"?!?  Seriously?!) Every last one of them thinks you’re a dick.”
Shortly after Mr. Obama’s volcanic performance, Mr. Putin released a terse official statement, reading, “I should be afraid of this skinny man? I wrestle bears.”
After one day of meetings, the G20 nations voted unanimously on a resolution that said maybe everyone should just go home.
..... Now if this really happened - and let's face it, the summit lasted less than 48 hours, which might just be an indicator in and of itself - I imagine that Obama walked off camera and thought "What the hell did I just say?!?" 

Twitter is apparently on fire as people try to verify whether Obama "went off" on Putin.
"The most alarming thing about this article spreading is that many people have not checked their facts before posting. We've seen any number of situations get blown out of proportion, while misinformation is spread wildly due to people not taking time to fact check." do you "fact check" ANYTHING when "intelligence agencies" (I just love that oxymoron!)  have back doors into EVERYTHING on the net to wipe what they don't like "clean"..."erase" what does not fit an agenda? 

hhhhhhmmmmm....i wonder who owns

I find it interesting that a "fashion"/ "style" house is commenting/posting on "political"/"geopolitical" topics like this.

They hid the actual owner behind private registration company:


I think that O needs to update his image- or hire a new stage manager, because he's really not keeping up with Putin in the area of publicity.  Putin comes across as the political "Tony Stark" and Obama comes across as, well...... wishy washy whiner.   Barack you really need to fire your PR team- I couldn't find a single site that rivaled that one of Putins, lol.

Regardless of whether it happened or not..... the article did a lovely job of showing what IS and definitely served it's purpose!!

"The bored kid at the back of the class..."

.....Really?  REALLY?!


And just where IS the money? Hmmmmmmmm?

The World's Biggest Mutual Fund Takes a $41 Billion Hit

With investors anticipating the end of the Federal Reserve’s stimulus program, the biggest mutual fund in the world, Pimco’s Total Return Fund, took a $41 billion hit over the past four months after losses and withdrawals, according to Morningstar.

Full Article HERE

BRICS Approve Currency Fund as Bank Start-Up Stalls

Leaders from Brazil, Russia, India, China and South Africa approved a $100 billion fund to combat currency crises, while failing to reach agreement on financing for a development bank.....

....While leaders agreed that a development bank was “feasible and viable,” they failed to provide detail on how it would be funded. The BRICS nations have been studying the viability of the bank for a year. In the run-up to the summit, officials from Brazil and Russia indicated each country could contribute $10 billion. ...
Full Article HERE

Poland Confiscates Half Of Private Pension Funds To "Cut" Sovereign Debt Load

While the world was glued to the developments in the Mediterranean in the past week, Poland took a page straight out of Rahm Emanuel's playbook and in order to not let a crisis go to waste, announced quietly that it would transfer to the state - i.e., confiscate - the bulk of assets owned by the country's private pension funds (many of them owned by such foreign firms as PIMCO parent Allianz, AXA, Generali, ING and Aviva), without offering any compensation. In effect, the state just nationalized roughly half of the private sector pension fund assets, although it had a more politically correct name for it: pension overhaul.....

Full Article HERE

Investors pull $2 billion out of emerging market bond funds

(Reuters) - Investors worldwide pulled $2 billion out of emerging market debt funds in the latest week, the 14th straight week of outflows and the biggest withdrawals since June, a Bank of America Merrill Lynch Global Research report said on Friday.

Full Article HERE

JPMorgan To Stop Making Student Loans

NEW YORK, Sept 5 (Reuters) - JPMorgan Chase & Co will stop making student loans in October, according to a document reviewed by Reuters on Thursday, after the biggest U.S. bank concluded that competition from federal government programs limits its ability to expand the business.....

....Not making more loans "puts us in a position to redeploy those resources, as well as focus on our No. 1 priority, which is getting the regulatory control environment strengthened," she said.

Full Article HERE

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