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Wider UNSC dissension, Turkish offensive against its own “rebels,” and Iraq’s rejection of latest “Arab League” statement before massive Al Qaeda attacks. by Tony Cartalucci July 23, 2012 – Scratching just below the surface of the Western media’s headlines are stories carrying greater implications – stories the West believes are better left untold. “Operation Damascus Volcano” Followed Weeks of Warnings of Impending NATO Psy-Op.
Black Monday messages on Facebook and Twitter have gone viral in Italy as people have had enough of austerity, job losses, and uncertainty. La Stampa reports on Panic in the Network
According to Der Spiegel, the IMF Wants to Stop Aid to Greece as soon as the ESM is up and running in September. At that time Greece would become bankrupt. This is a Mish-modified translation from German: The patience of the International Monetary Fund (IMF) with Greece comes to an end: According to to information obtained by SPIEGEL, senior IMF officials told EU leaders in Brussels that the IMF was no longer willing to provide additional funds for Greece
Sunday, July 22, 2012 US Prepares For Direct Intervention in Syria As FSA proxies fail and psychological operations falter, US prepares more direct (and desperate) approach for long-sought regime change. by Tony Cartalucci July 22, 2012 – As it becomes increasingly clear that last week’s "surge" by NATO-backed so-called "Free Syrian Army" terrorists was a failed psychological operation, coordinated with meticulously timed assassinations the day of the UN Security Council vote designed to stampede the Syrian government out of power, the FSA’s foreign sponsors are preparing the public for a more direct intervention while desperately attempting to maintain the illusion of chaos and the imminent collapse of Syria’s government. Video : Thierry Meyssan in Damascus, Syria.
The Wall Street Journal discusses Negative Rates in Denmark, Switzerland .
Prepare for Spanish Implosion: Businesses Threaten to Leave Spain Over Tax Hikes; Finance Minister Proposes 56% Tax on Short-Term Financial Transactions Cristobal Montoro, the Spain’s finance minister has made a liquidity destroying proposal to tax short-term financial transactions at an astonishing 56% tax rate. Businesses are already upset over hikes in the VAT and have threatened to leave Spain. Interestingly, in spite of raising taxes elsewhere, the VAT was lowered on the highly subsidized renewable energy sector.
Expect Strikes and Protests to Spread to Italy; Another Look at Why Italy Will Exit the Eurozone Before Spain Anti-euro sentiment in Italy is already very strong and about to get stronger. Eurointellihence has some interesting comments today regarding Italy. The demonstrations and protests [in Spain] are very likely now to spread to Italy.