Archive | August 18, 2015

Monsanto’s GMO Bt Toxins Found in 93% of Pregnant Women*

Monsanto’s GMO Bt Toxins Found in 93% of Pregnant Women*

By Christina Sarich
Have you heard of the genetically modified Bt toxin implemented into Monsanto’s GMO Bt crops such as corn and soy as a biopesticide?

Maybe you have, but did you know that this registered insecticide is showing up in people around the world?

A Canadian Hospital tested for Bt toxins in the blood serum of pregnant women and their unborn babies by sending their umbilical cord blood to a lab. Their findings were more than troubling.

In 1995, the Environmental Protection Agency (EPA) registered the first Bt plant-incorporated protectants for use in the United States. Since then, the EPA has registered 11 Bt plant-incorporated protectants, although 5 of these registrations are no longer active.

In October 2001, the EPA extended the registration of Bt corn for an additional 7 years and the registration of Bt cotton for an additional 5 years, while leaving the registration decision for Bt potato unchanged.

The Study’s Findings

Bt toxins were found in 93% of the women tested and 80% of their unborn babies at the Sherbrooke Hospital in Canada. This study is a bit older, but remarkably, no follow-up study or action has been taken against Monsanto for so obviously contaminating women and their unborn babies with a known carcinogen. We know foetuses are very vulnerable as they grow into full-grown babies – so why would any mother knowingly want to expose their babies to Bt toxins? They don’t, of course – the problem is that most mothers don’t realize it is a danger.

Add on to this the fact that the herbicide chemical glyphosate – found in Monsanto’s best-selling herbicide Round Up – is being found in people’s blood, urine, and breast milk around the nation. Something needs to change.

Here’s why Bt toxins (CryAb1) don’t belong in a mother’s body or the babies blood:

  • As one study found, “Apoptotic effects of Cry1Ab and Cry1Ac by means of caspase 3/7 activities were studied; no effects on HEK293 cells were visible. We can therefore confirm that Cry1Ab can induce cytotoxic effects via a necrotic mechanism in these conditions at 100 ppm.”
  • Yet another study proved that Bt toxins were especially harmful since they have been engineered to be produced by and present throughout the inside of every cell and intercellular space of the plants themselves. This means the lateral transfer of genetic material is not only possible, but likely.“..advances in genetic engineering promise the expression of multiple Cry toxins in Bt-plants, known as gene pyramiding. Therefore, studies on non-target species are requirements of international protocols to verify the adverse effects of these toxins, ensuring human and environmental biosafety.”
  • As Natural Society Previously reported, Bt toxins can kill human embryo cells.“The Roundup tested alone from 1 to 20 000 ppm is necrotic and apoptotic from 50 ppm, far below agricultural dilutions (50% lethal concentration 57.5 ppm). The only measured significant combined effect was that Cry1Ab and Cry1Ac reduced caspases 3/7 activations induced by Roundup; this could delay the activation of apoptosis. There was the same tendency for the other markers. In these results, we argue that modified Bt toxins are not inert on nontarget human cells, and that they can present combined side-effects with other residues of pesticides specific to GM plants

Why the EPA ever allowed Bt toxin for human consumption is a big question. But an even bigger one is why we haven’t banned Bt toxic GM crops upon discovering that it is showing up in human embryo cord blood.

Source *

Related Topics :
GM Foods and Fertility

The Microbiome and the Sacredness of the Womb*

GM Toxins Found in Human Blood

Is Your Stomach Reproducing GMO Bacteria?

GMOs Are Mutating Microorganisms and Spawning Deadly New Life Forms‏

GMO Technology Brought Soaring Cancer, Birth Defects and Failing Farms to Argentina*

In Brazil Monsanto’s Roundup is Causing Cancer after Approving 3 GM Crops*

Scientists Warn “Supercharged” GMOs Could be Used as Bio-weapons*

Puerto Rico: Push the Poor out so the Rich can Move in*

Puerto Rico: Push the Poor out so the Rich can Move in*

By Sean Nevins

Hundreds of thousands of residents of Puerto Rico are being forced from their homeland in search of better economic conditions on mainland America. The Caribbean island recently defaulted on a $58 million debt for the first time in its history, and the super rich are descending upon the island to buy up homes and businesses that have been abandoned amid hard economic times.

“What you’re seeing then, if this is allowed to continue unchecked, is the gentrification of an entire island,” said Nelson A. Denis, a former New York State assemblyman and author of “War Against All Puerto Ricans: Revolution and Terror in America’s Colony,” while speaking to MintPress News.

Denis was speaking specifically about tax exemptions enacted on the island in 2012 to encourage wealthy individuals, mainly from the mainland United States, to move to the island and start new businesses there.

It’s just one of the solutions the country drummed up to rehabilitate its ailing economy.

As the wealthy come to the island, tens of thousands of Puerto Ricans are pouring out. From 2000 to 2013, the Caribbean island’s population declined by 200,000 people — a trend that the Census Bureau expects to continue until at least until 2050, according to the Pew Research Center.

The Washington-based nonpartisan think tank reported last year:

“Puerto Ricans have left the financially troubled island for the U.S. mainland this decade in their largest numbers since the Great Migration after World War II, citing job-related reasons above all others.”

Gentrifying a country

Aiming to attract big investors via tax incentives isn’t unique to Puerto Rico. Indeed, many cities and municipalities across the U.S. have adopted the same strategy in a bid to grapple with their own financial woes.

In 2012, the unincorporated U.S. territory enacted the Export Services Act (Act 20) and the Individual Investors Act (Act 22), which provide tax exemptions to encourage wealthy individuals to move to the island. The incentives include a 0-percent tax on earnings and profits, a 3- to 4-percent flat income tax, and a 0-percent property tax. There’s also a 0-percent tax on dividends and interest, and a 0- to 10-percent tax on long-term capital gains, which can be as high as 20 percent in the U.S.

The incentives are working. The rich have arrived. But the problem is that everybody else is leaving.

“The highest beneficiary of that right now is a fella named John Paulson, a hedge fund owner,” Nelson Denis, the former assemblyman, told MintPress.

Paulson is the infamous owner of the hedge fund Paulson & Co. He captured the public’s fascination during the 2007 and 2008 financial crisis, when he made $15 billion in profits by betting against American homeowners, who suffered heavy losses when the subprime mortgage market crashed. Occupy Wall Street protesters gathered in front of his home to show their disdain in 2011, and left him a novelty $5 billion tax refund check.

“This dude, John Paulson, is now under the aegis of Act 22 in Puerto Rico, using that law, and he’s developing a $500 million hotel and condominium resort on Dorado Beach,” said Denis.

According to Forbes, Paulson will have invested $1.5 billion in ultra-luxury real estates in Puerto Rico by the end of this year. These properties include the St. Regis Bahia Beach Resort and the Condado Vanderbilt Hotel.

“So John Paulson, who profited from betting against homeowners and buying up distressed properties in 2007, is, eight years later, doing the same thing in Puerto Rico with almost the identical scenario!” quipped Denis.

“He gets tax preferences that other people don’t. He benefits from people that have to leave the island, leaving their homes and businesses and whatever else behind, and buys up distressed properties for pennies on the dollar.”

‘This is not politics, this is math’

Earlier this month, Puerto Rico defaulted on a $58 million payment it was supposed to make to the Public Financing Corporation, a subsidiary of the Puerto Rico Government Development Bank. It paid only $628,000 of that debt. It was the first time this has happened in the island’s history.

The island’s governor, Alejandro García Padilla, told The New York Times in June,

“The debt is not payable. There is no other option. I would love to have an easier option. This is not politics, this is math.”

“My administration is doing everything not to default… But we have to make the economy grow,” he added. “If not, we will be in a death spiral.”

Roughly $11.3 billion of Puerto Rico’s $73 billion in total debt is owned by bond mutual funds, while $15 billion of it is owned by hedge funds, according to CNNMoney. The rest, approximately $26.5 billion, is owned mainly by Puerto Ricans and mainland Americans, reported the financial news outlet.

This spells trouble not only for Puerto Rico but the world financial market, as well as ordinary people on both the island and the mainland. The destructive nature of toxic debt was made apparent in 2007, when the American subprime loan market crashed the global economy.

According to CNNMoney, more than 20 percent of bond mutual funds own Puerto Rican bonds. “[T]he exact numbers are 377 funds out of 1,884 United States bond mutual funds,” the financial news agency reported in July, citing figures from Morningstar.

Ordinary Puerto Ricans are in danger as well because they own most of this debt.

“I am worried. Any Puerto Rican is worried,” said Rey J. de Leon, a Puerto Rican lawyer, to CNNMoney.

“We have a lot of people who are seniors and they depend on the returns from those bonds to live on a month-to-month basis,” he explained.

The path to gentrification: Self-Inflicted and historical

The island’s financial woes stem from structural aspects related to the legacy of colonization by the United States, as well as a self-inflicted dimension related to government administrations and the types of policies they’ve enacted, according to Ian J. Seda-Irizarry, assistant professor of Economics at John Jay College of Criminal Justice in New York and political advisor to the Working People’s Party of Puerto Rico.

“The government of Puerto Rico wants to continue with this model that has been obsolete since the 1970s,” Seda-Irizarry told MintPress, referring to the fact that both current and past administrations have resorted to treating the economy with neoliberal reforms, which only make the situation worse.

Writing this month in Jacobin, a magazine that describes itself as the “leading voice of the American left,” Seda-Irizarry and Heriberto Martínez-Otero described the dire straits of the Puerto Rican economy.

They wrote:

“Per capita income in Puerto Rico is almost half that of Mississippi, the US’s poorest state. The jobless rate is 12.6%; in West Virginia, the state with the highest unemployment rate in the US, that number is 7.4%. Puerto Rico’s labor participation rate is around 43%, 20 points lower than in the US as a whole. Median household income is almost $7,000 less than in Detroit (and less than half of the US average). And a staggering 45% of the population lives in poverty (compared to about 15% in the US).”

The island government has attempted to address the crisis by trying to make it a more attractive investment destination and implementing austerity measures. This is the economic model that Seda-Irizarry says is obsolete.

Indeed, numerous studies have shown that the time to implement austerity is during an economic boom, not a crisis. Yet austerity is the direction Seda-Irizarry says the Puerto Rican government is about to take. “So in that sense,” he said, “if we don’t get rid of this political class we’re not going to move forward.”

In the past, it was pharmaceutical companies, like Pfizer, along with chemical and electronics corporations, such as Hewlett Packard, that flocked to Puerto Rico’s tax haven, but they did not invest in the country. When other countries around the world became even cheaper than Puerto Rico, those companies moved on, leaving little behind.

The colonization of Puerto Rico

The island was annexed by the U.S. in 1898 following the Spanish-American War.

Hurricane San Ciriaco hit the island the following year. It was the longest-lived hurricane in Atlantic Ocean history, lasting almost 30 days. It killed over 3,000 people in Puerto Rico alone, and led to $20 million in damages. In short, it was devastating.

According to Stuart B. Schwartz, Chair of the Council on Latin American & Iberian Studies at Yale University, the U.S. provided as much aid as it fit in with its political machinations for the island, which included its state as a colonial project.

Nelson Denis agrees with this sentiment, telling MintPress that the U.S. didn’t send Puerto Rico the relief the island wanted in order to manipulate the crisis so it could push through policies of its own choosing without resistance on the island.

“It kind of worked perfectly into the Naomi Klein ‘Shock Doctrine.’ You [the U.S.] benefit from this tragedy, from economic distress,” he said.

One year later, the U.S. took greater control over the island’s economic policy. It outlawed and devalued the peso. One peso was now worth only 60 American cents.

“It was a strict, straight-up devaluation of 40 percent of their wealth,” said Denis.

Imagine, he said, what would happen if 40 percent of everybody’s wealth and property in the mainland U.S. was eliminated while at the same time 40 percent of their debt went up. This is what happened in Puerto Rico, he explained.

The following year, 1901, the first U.S. civilian governor of Puerto Rico, Charles Herbert Allen, enacted the Hollander Act, which created an unprecedented set of steeply graduated property taxes on every farm in Puerto Rico.

Then, a predatory lender, the American Colonial Bank, stepped in to give out loans to poor Puerto Rican farmers in danger of losing their farms and livelihoods. The bank didn’t have any usury law restrictions so it could charge whatever it wanted, explained Denis.

“They preferred people to go into default because then they could own the farms, and that’s what happened,” he said.

“Within 20 to 30 years, 80 percent of the most arable land in Puerto Rico was owned by North American banking syndicates, and they turned Puerto Rico into a one crop, cash-cow economy, that of sugarcane.”

By 1930, only four sugarcane centrales, the main company conglomerates, owned over half of the sugarcane lands in Puerto Rico. Those companies were Central Guanica, South Puerto Rico, Fajardo Sugar and East Puerto Rico Sugar. Puerto Ricans were now getting jobs on the same sugarcane fields that they had previously owned. Workers attempted to implement a minimum wage, but the U.S. Supreme Court deemed it unconstitutional.

At that point, rank-and-file union workers started to seek help from a man named Pedro Albizu Campos, the main figure in Denis’ book, “War Against All Puerto Ricans: Revolution and Terror in America’s Colony.” Campos was a graduate of Harvard Law School and president of the Puerto Rican Nationalist Party. He and his party started to win concessions from the U.S. government, and wages rose from 75 cents a day to $1.50 a day, according to Denis.

“That spelled the difference for a lot of families between starving and living in Puerto Rico, so that was a great thing,” he said.

However, the U.S. began to perceive Campos as a national security threat because he was empowering workers on the island, which didn’t sit well with sugarcane plantation owners, especially in 1935, when the U.S. was in the midst of the Great Depression. Then-President Franklin Delano Roosevelt sent a new governor and chief of police to the island, who militarized the police and started killing nationalists.

Campos himself was targeted by the FBI, attacked, and jailed for 24 years, where he was beaten and tortured. He was released after suffering a stroke in 1964. This movement against nationalists, like Campos, effectively destroyed aspirations for independence. It’s also likely why there isn’t a large movement behind more radical policies for change on the island today.

However, it is the current self-inflicted policies of austerity and an environmental crisis that Ian J. Seda-Irizarry hopes will lead to a “social explosion” that will prompt a people-driven movement for change on the island.

“The purpose of organizations like mine and others is to precisely connect that inefficiency and looting of the resources of all of these administrations and their offices to how the economy has been organized,” he said.

Seda-Irizarry, who is hoping for a more radically left party to be elected into office, concluded:

“The ground [in Puerto Rico] is fertile for things, as in many, many places all over the world.”


Related Topics:

Puerto Rico the U.S. Colony Driven into Bankruptcy*

How German and French Banks Helped Bankrupt Greece*

For Stealing Three Bottles of Baby Milk Woman fined nearly £300*

For Stealing Three Bottles of Baby Milk Woman fined nearly £300*

By Caroline Mortimer

A woman has been fined nearly £300 for stealing three bottles of baby milk at South Derbyshire Magistrates Court this week.

Janis Butans, 34, was given a six-week community order with a curfew and ordered to pay a £150 criminal court fee, £85 costs and a £60 victim surcharge after sentenced for stealing the bottles from a Sainsbury’s in Intu Derby shopping centre coming to a total of £295, according to the Derby Telegraph.

It comes less than a week after the Independent reported a crowd-funding campaign had been set up to help a woman in Kidderminster pay court fines of nearly £330 for stealing a 75p pack of Mars Bars.

The fundraising page, which was set up by Stuart Campbell after he saw the original court report in the Kidderminster Shuttle, has now reached over £14,000 in less than a week.

Mandatory court fines were brought in by former Justice Secretary Chris Grayling shortly before the general election in May to make the courts more self financing.

But the charges have been denounced by legal reform charity, the Howard League, as “unequitable”.

The charity’s chief executive Frances Crook said:

“There is no leeway. It’s a fixed charge and the courts cannot vary it because of circumstance, they have to impose it”

In a blogpost on the league’s website, she said the reports of “the homeless and hungry” being heavily fined “read like something from pre-Dickens”.

She has called for urgent reform of magistrates court saying the courts “would still be recognisable to an 18th century observer.”

“The court charge, whilst being manifestly unfair, has at least focused attention on the financial penalties applied to people who are stealing food and clothing” she said,

“These people are annoying and they are sometimes intimidating. But they are not serious criminals. What kind of country have we become?”


Related Topics:

U.K. Placing Justice Beyond Reach*

U.K. Magistrate Resigns over New Court Fee that Forces Innocent to Plead Guilty’*

European Supermarket Giant to Offer Unsold Food to Those in Need*

Food Poverty in UK ‘more shocking’ than Africa says Archbishop of Canterbury*

Quest to Kill Human Rights Act in U.K.*

U.K. Tories’ Budget Would Institute ‘two-child policy’*

Holocaust of Native Americans: 65 Million and Counting*

Holocaust of Native Americans: 65 Million and Counting*

By Wayne Madsen

When it comes to holocausts of a people, the multi-century genocide of the Native Americans of North and South America ranks as the largest in human history. The Smithsonian Institution’s Native American museum on the Washington, DC Mall proclaims that 65 million Native Americans died from genocidal practices of Western colonizers from the time of Christopher Columbus’s arrival in the Americas in 1492 to the 19th century.

From the Arctic Circle to Tierra del Fuego, Native Americans were depopulated by the purposeful introduction of diseases and forced famine, non-native diseases causing epidemics, forced migration, and warfare. Certain groups that believe they hold some sort of copyright on the use of the terms «holocaust» and «genocide» have downplayed the extermination of the Native peoples of the Western Hemisphere. For example, Jewish Holocaust scholar Guenter Lewy has dismissed the genocide of the Native Americans as not a crime against humanity but simply a «tragedy».

For the Native Americans who continue to fight for their rights, some guaranteed by international treaties signed between nations like the United States and Canada with so-called «Indian nations,» what became of their peoples and way of life is not a mere «tragedy», as apologists for colonialism and genocide against peoples of colour like Lewy would have people believe. If one were to believe that the crimes against the Native Americans constitute genocide, then there is every reason to believe that the crimes of Israel against the Palestinian people are also genocide. Lewy, and he is by no means alone in his beliefs, also discounts the genocide of the Armenians by the secular Young Turks, the Roma people by the Nazis, and the Cambodian people by the U.S.-supported Khmer Rouge regime. Those who rewrite history in order to gloss over the crimes against the Native Americans have succeeded by exercising tight control over book publishing, print periodicals, television, and Hollywood’s production of fiction and non-fiction films, as well as historical documentaries.

In May 2007, Venezuelan President Hugo Chavez demanded Pope Benedict apologize to Indians in Latin America for saying this month in Brazil that the Roman Catholic Church purified them.

One person who understood the holocaust exacted against the Native American was the late Venezuelan president Hugo Chavez. He was one of a rising number of Latin American leaders of native ancestry who opposed the hemisphere-wide celebrations of Christopher Columbus. Matched against the newly-emerging native American power movements in Latin America, including the Bolivarian revolution in Venezuela and the Aymara Indian movement championed by President Evo Morales of Bolivia, is a United States that continues to celebrate a holiday in honour of Columbus, an Italian mercenary in the employment of the Spanish crown whose mercantilist brigands brought forth in the Western Hemisphere a six hundred year holocaust.

Some people in the United States want, at the very least, to celebrate October 12 as a dual-holiday: Columbus Day for those who want to celebrate the exploits of a genocidaire, and, as it is celebrated in Venezuela, a «Day of Indigenous Resistance» for those who want to remember the Holocaust of the native Americans. It is also important to note that for Africans, Columbus is also remembered as a slave trader employed by the Portuguese monarchy.

Today, the United States «celebrates» the native Americans by naming its sports teams «Washington Redskins» (Andrew Jackson, who graces the twenty dollar bill, and his army skinned native American males from the waist down and fashioned pants from their skin, i.e. «redskin pants») and «Cleveland Indians» (with the racist logo of bucked tooth native American). As Americans are treated to historical revisionism about the genocide of the Native Americans, the Jewish owners of the Washington Redskins and Cleveland Indians make handsome profits from their obscene continuance of Native American images and themes steeped in racism.

For some Americans, Native American reservations, themselves nothing more than a United States version of apartheid South Africa’s «Bantustans» for blacks, are now gambling meccas. Convicted Republican Party lobbyist Jack Abramoff, who employed every unscrupulous business tactic he could think of to maximize his profits from lobbying for Indian gaming and casinos, called his native American clients “monkeys” (his name for the Choctaw tribal council), “troglodytes,” “morons,” and “mofos.” Abramoff, who is Jewish, was a strong backer of Israeli Prime Minister Binyamin Netanyahu’s government and he even raised money for illegal West Bank settlers to purchase military equipment to be used against Palestinians.

President Chavez told the press in New York in 2009 that he once served as a Venezuelan military officer with a mission sent to Guatemala. There, he witnessed the local Guatemalan Special Forces, the School of the Americas-trained Kaibiles, boasting of their massacres of the native Mayan Indians. Chavez said he then realized that those were “my people” being killed by the Guatemalan military. Chavez said he vowed that the Native American people would no longer be subjected to such brutality and as President of Venezuela, Chavez made common cause with those Latin American leaders and groups that fought the neo-imperialism directed against the native peoples of the Western Hemisphere. And it is no coincidence that the only country in the Americas that is named after Columbus is Colombia, a narco-fascist-run nation that hosts seven U.S. military bases, courtesy of Nobel Peace Prize winner Barack Obama.

It is also no coincidence that the Guatemalan Special Forces who massacred the Mayan Indians were supported by surveillance computers provided by the Israeli intelligence contractor Tadiran. During the 1980s, military hardware and weapons were supplied to Guatemala for the massacre of native Mayans – which the Guatemalans and Israelis called «pacification». The other chief providers of the tools of genocide to Guatemala were Israel Military Industries (IMI), which supplied war planes, armoured vehicles, and helicopters, and Eagle Israeli Armaments and Desert Eagle, the latter owned by a former Israeli paratrooper with ties to the MOSSAD. Also during the 1980s, Israeli merchants of death also made their way into Honduras and El Salvador where military equipment and training was provided to government-led «death squads». In Honduras, the Israeli firm Tahal set up electronic border and road barriers that were used to track many native peoples believed to be «enemies of the state». Among the chief victims of the genocide meted out in Central America, were native peoples of the two countries, as well as those of Nicaragua.

The United States continues to rely on a colonialist contrivance known as the «Bureau of Indian Affairs» to stymie the sovereignty and treaty rights of the Native American tribal nations. In Canada, the Stephen Harper government has waged a war on its «First Nations,» trying to roll back native land rights in favour of multinational oil and mining companies.

The United States, as shown by its willingness to imprison and harass leaders of the Lakotah Sioux tribe and others, has spit in the face of the 1832 ruling by Supreme Court Chief Justice John Marshall in the case Worcester v. Georgia. Marshall ruled that «Indian Nations have always been considered as distinct, independent political communities, retaining their original natural rights, as the undisputed possessors of the soil… The very term «nation» so generally applied to them, means «a people distinct from others».

The United States continues to flout international law by restricting the sovereignty rights of the 562 federally-recognized tribes. There are more tribes but Washington determines what is and is not a recognized tribe. In 1973, the Federal Bureau of Investigation and U.S. Marshals’ Service illegally invaded the Pine Ridge Indian Reservation belonging to the Oglala Sioux Nation of South Dakota. Leaders of the American Indian Movement were illegally prosecuted by federal authorities. Such aggression against the Native Americans has been repeated around the United States and Canada. Although their numbers are small after the multi-century Holocaust waged against them, Native Americans, especially those of the United States and Canada, deserve to be heard at the International Criminal Court in The Hague. No longer should the shameful history of the Holocaust of 65 million human beings, who for centuries had been considerate stewards over the land of the Western Hemisphere, be drowned out by the Native American Holocaust deniers.


Related Topics:

Indigenous Activists Chase McCain off the Navajo Land he intends to Mine*

The Doctrine of Discovery

Three Million Gallons of Mining Wastewater Spilt on Navaho Land*

Indigenous View on Thanksgiving

Correcting Columbus Day*

340 Rabbis Urge Congress to Support Iran Nuclear Deal*

340 Rabbis Urge Congress to Support Iran Nuclear Deal*

By Kristina Wong

Over 300 rabbis sent a letter to Congress on Monday declaring their support for the Iran nuclear deal and urging lawmakers to endorse it.

“We encourage the members of the Senate and the House of Representatives to endorse this agreement,” read the Aug. 17 letter signed by 340 rabbis.

The letter was distributed by Ameinu, which describes itself as a “national, multi-generational community of progressive Jews in North America.”

The group in a statement described the signatories as rabbis

“from all streams of Judaism.”

The letter also sought to dispel the idea that all Jewish-American community leaders oppose the deal.

“Most especially, we are deeply concerned with the impression that the leadership of the American Jewish community is united in opposition to the agreement. We, along with many other Jewish leaders, fully support this historic nuclear accord,” it said.

Eyes have turned to Jewish lawmakers and their constituents, as Congress prepares to vote on the controversial deal with Iran in September and as the White House seeks to shore up Democratic support.

Israeli Prime Minister Benjamin Netanyahu is a vocal critic of the deal with Iran, whose leaders have threatened to “wipe Israel off the map.”

Groups on each side of the deal have stepped up their lobbying efforts, as lawmakers are back in their home districts.

Sen. Charles Schumer (D-N.Y.), the third-highest-ranking Democratic senator and longest-serving Jewish lawmaker currently in Congress, delivered a blow to the administration’s efforts when he came out against the deal two weeks ago.

“Under this agreement, Iran would receive at least $50 billion dollars in the near future and would undoubtedly use some of that money to redouble its efforts to create even more trouble in the Middle East, and, perhaps, beyond,” Schumer said in his explanation.

But the rabbis who signed Monday’s letter to Congress argued that the consequences of rejecting the deal would be greater.

“We fear that the outcome will be the collapse of the international sanctions regime, an Iranian race for nuclear weapons and an associated arms race in the Middle East and isolation of Israel and the United States from international partners,” said Rabbi Samuel Gordon of Wilmette, Ill., in a statement.


Related Topics:

A Rabbi Refers to Netanyahu’s Claim of All Jews ‘Identity Theft’

Rabbis Thank Ahmedinejad for his Stance Against Zionism

Open Letter to the People of Iran from the People of the United States*

Iran and Hezbollah Removed from U.S. Intel. Terrorist List*

Iran, P5+1 Joint Statement Calling For Removal of All Anti-Iran Sanctions*

One Country that does not Cheat: Netanyahu said He fears Iran will Honour Nuclear Deal*

Iran and Russia Officially Ditch the Dollar*

Israel Ordered to Pay Iran $1.1 Billion*

U.S. Cyber-attack on Iran Foiled*

Doctors Without Borders ask Iran to Provide Health Care in 20 Countries*

Desperate Netanyahu Launches Twitter Account for Iranians*

Netanyahu’s Temper Tantrum over Iran deal has Obama Bearing ‘Gifts’*

The Real Reasons for the Iran Agreement*

Saudi Arabia to allow Israel Airspace to Strike Iran*

A Meteorite or not a Meteorite Causes Serious Impact in Iran*

23 Nations Experiencing Stock Market Crashes*

23 Nations Experiencing Stock Market Crashes*

By Michael Snyder

You can stop waiting for a global financial crisis to happen.  The truth is that one is happening right now.

moneyblackholeAll over the world, stock markets are already crashing.  Most of these stock market crashes are occurring in nations that are known as “emerging markets”.  In recent years, developing countries in Asia, South America and Africa loaded up on lots of cheap loans that were denominated in U.S. dollars.  But now that the U.S. dollar has been surging, those borrowers are finding that it takes much more of their own local currencies to service those loans.  At the same time, prices are crashing for many of the commodities that those countries export.  The exact same kind of double whammy caused the Latin American debt crisis of the 1980s and the Asian financial crisis of the 1990s.

As you read this article, almost every single stock market in the world is down significantly from a record high that was set either earlier this year or late in 2014.  But even though stocks have been sliding in the western world, they haven’t completely collapsed just yet.

In much of the developing world, it is a very different story.  Emerging market currencies are crashing hard, recessions are starting, and equity prices are getting absolutely hammered.

Posted below is a list that I put together of 23 nations around the world where stock market crashes are already happening.  To see the stock market chart for each country, just click the link…

  1. Malaysia
  2. Brazil
  3. Egypt
  4. China
  5. Indonesia
  6. South Korea
  7. Turkey
  8. Chile
  9. Colombia
  10. Peru
  11. Bulgaria
  12. Greece
  13. Poland
  14. Serbia
  15. Slovenia
  16. Ukraine
  17. Ghana
  18. Kenya
  19. Morocco
  20. Nigeria
  21. Singapore
  22. Taiwan
  23. Thailand

Of course this is just the beginning.  The western world is going to feel this kind of pain as well very soon.  I want to share with you an excerpt from an article that just appeared in the Telegraph entitled “Doomsday clock for global market crash strikes one minute to midnight as central banks lose control“.  You see, the Telegraph is not just one of the most important newspapers in the U.K. – it is truly one of the most important newspapers in the entire world.  When it speaks on financial matters, millions of people listen very carefully.  So for the Telegraph to declare that the countdown to a “global market crash” is “one minute to midnight” is a very, very big deal…

When the banking crisis crippled global markets seven years ago, central bankers stepped in as lenders of last resort. Profligate private-sector loans were moved on to the public-sector balance sheet and vast money-printing gave the global economy room to heal.

Time is now rapidly running out. From China to Brazil, the central banks have lost control and at the same time the global economy is grinding to a halt. It is only a matter of time before stock markets collapse under the weight of their lofty expectations and record valuations.

I encourage you to read the rest of that excellent article right here.  It contains lots of charts and graphs, and it discusses many of the exact same things that I have been hammering on for months.

When one of the newspapers of record for the entire planet starts sounding exactly like The Economic Collapse Blog, then you know that it is late in the game.

Others are sounding the alarm about an imminent global financial crash as well.  For example, just consider what Egon von Greyerz recently told King World News

Eric, I fear that this coming September – October all hell will break loose in the world economy and markets. A lot of factors point to that, both fundamental and technical indicators and this indicates that we could have a number of shocks this autumn.

Sadly, most investors will hold stocks, bonds and property and will see any decline in value as an opportunity. It will be a long time and a very big fall before they realize that the system will not help them this time because the central bankers have run out of ammunition to save the global financial system one more time. Yes, we will see more massive money printing, but it will just make things worse. And at some stage, which could be quite soon, real fear will set in, a fear of a magnitude the world has not experienced before.

Hmm – there is another example of someone talking about September.  It is funny how often that month keeps coming up.

apocalypse-statue-of-libertyAnd of course most of the major stock market crashes in U.S. history have been in the fall.  Just go back and take a look at what happened in 1929, 1987, 2001 and 2008.

The “smart money” has been pulling their money out of stocks for quite a while now, and at this point a lot of others have hopped on the bandwagon.  The following comes from CNBC

The flight of investor money from U.S. stocks has turned into a stampede.

In fact, the $78.7 billion leaving domestic equity-focused funds has been worse in 2015 than it was even during the financial crisis years, when the S&P 500 tumbled some 60 percent, according to data released Friday by Morningstar. The total is the highest since 1993.

Domestic equity funds surrendered $20.4 billion in July alone and have seen $158.6 billion in redemptions over the past 12 months. Even a strong flow of money into passively managed exchange-traded funds has been unable to offset the stream to the exit among retail investors, who generally focus more on mutual funds than ETFs.

A global financial crisis has already begun.

So those that were claiming that one would not happen in 2015 are already wrong.

Over the coming months we will find out how bad it will ultimately be.

Sometimes I get criticized for talking about these things.  There are a few people out there that don’t like all of the “doom and gloom” that I discuss on my website.  Apparently it is a bad thing to talk about the things that really matter and we should all just be “keeping up with the Kardashians” instead.

I consider myself just to be another watchman on the wall.  From our spots on the wall, watchmen such as myself all over the nation are sounding the alarm about what we clearly see coming.

If we saw what was coming and we did not warn the people, their blood would be on our hands.  But if we do warn the people, then we have done our duty.

Every day I just do the best that I can with what I have been given.  And there are many others just like me that are doing exactly the same thing.

Those that do not like the warning message are going to feel really stupid when things start falling apart all around them and they finally realize how wrong they truly were.


Related Topics:

Rothschild’s Central Banks Losing Control*

‘US Losing Financial Credibility‘ : Gerald Celente on China International Bank – AIIB!

Why Central Banks HATE Cash and Will Begin to Tax It Shortly*

Bank of England Top-Secret E-mails Forwarded to Journalist on Financial Fallout while MP’s are Kept in the Dark*

EU Gives Countries Two Months to Adopt New Banking Rules*

Italy and Spain Have Funded a Massive Backdoor Bailout of French Banks*

Texas Challenges Federal Reserve with a Gold-backed Bank*

Criminal Syndicate with Links to Terrorism Infiltrated Bank of England*

Switzerland’s Central Bank just lost $52 Billion*

Western Megabanks Are Now Stealing Depositors’ Money*