Wednesday 17 December 2014

Transpicuous News Dec 16, 2014: Consulting a Higher Authority

* Side note:  Sorry my friends for the poor quality of the video- we were having some internet issues today while filming on Zoom.  .... and yes, I did shove my dog off the couch- I apologize to dog lovers everywhere who are now mortified that I would do such a terrible thing while recording the 5th take of Transpicuous News because my sweet little dog refused to go inside and kept barking, lol. 

Transpicuous News for December 16th, 2014. 

Welcome to the Silly Season with some seriously silly, and extremely frustrating and highly questionable news. This weeks report will talk about the White house seeking help from a "higher authority", the Eye of Sauron over Moscow.... or not, hidden Vatican money, using oil as the ammunition for financial terrorism, and the US budget as written by Wall Street. Wanna send a letter to the Moon? We'll cover that too!

Sydney Hostage Situation Comes to a Theatric End

Sydney siege: Hostages held in Lindt cafe

Ebola serum supply reaches Liberia

Neurobehavioural effects of developmental toxicity


Paid to Promote Eye Drug, and Prescribing It Widely

First commercial lunar mission: Send 'sand from favorite beach' or family pic to moon

Real-life 'Eye of Sauron' will open up over Moscow skyscraper tower

‘You shall not pass’: Eye of Sauron will NOT watch over Moscow

Denmark to officially claim piece of Arctic shelf, including North Pole

1795 time capsule found in Boston capitol

Time Capsule Buried by Paul Revere and Sam Adams Discovered in Boston

113-year-old time capsule found in Boston

Ten major US banks fined $43.5mn over IPO scandal

Vatican finds hundreds of millions of euros "tucked away"- cardinal

US asks Vatican to help close Guantanamo Bay

Want to get rich? Don't pay off your student loans

New York to Award First Vegas-Style Casino Licenses This Week

Japan’s Secrecy Law Takes Effect as Abe Seeks Fair Vote Coverage

Abe coalition secures big Japan election win with record low turnout

Senator: Bush Misled Nation in Run-up to Iraq War

Facing justice: UN, HRW, Amnesty call for prosecuting US officials for torture

'I'd do it again!' Cheney defends CIA torture, calls interrogators heroes

Cheney Says Bush Fully Informed About CIA Interrogation Tactics

The US dropped their "membership" in the Hague in 1985 when Nicaragua brought them up of charges before the Hague

International Court of Justice

U.S.: 'Hague Invasion Act' Becomes Law


The Iran-Contra Scandal

Rethinking Iran-Contra: A Much Darker Story?

The Bushes & the Truth About Iran

Navy: New laser weapon works, ready for action

What frightened the USS Donald Cook so much in the Black Sea?

Biggest Greek stock market drop since 1987 over surprise election

What Do They Know? CME Implements Gold, Precious Metals Circuit Breakers Up To $400 Wide

"However, no further special price fluctuation limits will be implemented following a trading day’s fourth price fluctuation limit adjustment."

U.A.E. Sees OPEC Output Unchanged Even If Oil Drops to $40

Canada’s currency at 54mo low as oil prices collapse below $60

Guess What Happened The Last Time The Price Of Oil Crashed Like This


Shutdown Averted: Wall Street Divides Lawmakers

31 minute mark for my comments about the big banks and the spin doctoring of the legislation

Congressional liberals rebelled Wednesday against a must-pass spending bill that would keep the government open past midnight Thursday, complaining that it would roll back critical limits on Wall Street and sharply increase the influence of wealthy campaign donors.
Washington Post:

The Democrats also are furious at how the provision was inserted into the 1,603-page spending bill. They have branded it a last-minute "backroom" maneuver, engineered at the behest of bank industry lobbyists.

Yahoo News:

Wall Street moves in for the kill
"....Wall Street is moving to consolidate its wins.
This week its allies were trying to kill a Dodd/Frank provision designed to reduce the need for future big-bank bailouts. Negotiators seeking to avert a government shutdown had inserted a provision into the compromise agreement which would once again allow the country’s too-big-to-fail banks to gamble on derivatives – the exotic financial instruments which helped precipitate the last crisis – with funds that are insured by taxpayers."

Press TV:

"....House Speaker John Boehner said in a statement the bill is a good one he hopes Congress will pass.
“It protects jobs, it stops wasteful spending. In fact, we’ve now reduced overall discretionary spending some $176 billion since the 2010 fiscal year…it’s a good bill and I think it reflects the people’s priorities,” he said in a statement."

Fox News:

Furthermore, the lists of so-called deregulatory policies typically offered as evidence of crisis-inducing financial market deregulation are nothing of the sort. Instead, they simply demonstrate that Congress made many changes to pre-existing regulations. That’s not deregulation....
...And if they really do stand for limited government, the perfect place to start is by shutting down Fannie Mae and Freddie Mac, the two government-sponsored housing firms that played a central role in the 2008 crisis.....
...That approach would have shut down Fannie and Freddie, but it also would have replaced them with companies explicitly guaranteed by taxpayers. Somehow, this was supposed to be an improvement over the old system, where Fannie and Freddie enjoyed implicit taxpayer backing.
To this day, the two companies remain under government control and virtually untouched by any of the added regulations or capital requirements Dodd-Frank forced on private firms.

Fannie and Freddie officially approve 3% down payment mortgages (for 1st time homebuyers and lower incomes)
Here we go again! Mortgage giants Fannie Mae and Freddie Mac have now officially approved 3% down payment mortgages.

Here's what's tucked in the spending bill - cnn list

Senate Push on Final Spending Bill Thwarted by Disputes

China's role in the Silver paper market: The Art of War

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