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Howdy!

International Developments

? National Emergency declared in Egypt. “Armoured car full of police thrown 50ft off bridge by Cairo mob.”  Update:  “Three journalists . . . were killed and several were injured . . . on Wednesday.”  Update: “Egypt’s interim [Prime Minister] defended the deadly operation to break up protest camps in Cairo”.  Government toll: 235 civilians, Muslim Brotherhood toll: 2,000.  Update: “Death toll following government crackdown stands at 525.  UN fears “country becoming ‘dangerously polarised’.”  Update: President Obama said “the U.S. will no longer participate in a joint military exercise with the [Egyptian] government scheduled [for] next month.  Update: “Egyptian Military Creating Conditions for Dictatorship: Brutal slaughter of MB designed to create a violent response and justify military rule.”  Update:  638 dead.

? “Beirut car bomb rips through Hezbollah stronghold” (Shiah area).  14 dead.

? Israel’s Defense Minister Moshe Ya-alon wants the US to take on “the axis of evil–Tehran-Damascus-Beirut”.  Update:  Israel wants more US dough–a 10-year military aid package.

? “Syria’s war has exposed the hypocrisy of western powers: The conflict has become an ugly proxy battle between innumerable outside forces.  If the Australian government is so worried about terrorism, it should stop backing it in Syria.”

? “Nigeria troops ‘kill Boko Haram commander Momodu Bama'”, a second-in-command figure.

International Finance

? Javier Martin-Artajo (who supervised the London Whale, Bruno Iksil) and Julian Grout (who was supervised by Iksil)–both of the London office of JP Morgan–have been charged with four counts of conspiracy, wire fraud, faking books and records and causing J.P. Morgan to make ‘false and misleading’ statements”.  Update:  Bill Black on this matter.

Money Matters USA

? “Why the Banksters Love [Eric] Holder.”  Or, “why the prosecutors have ceased prosecuting control frauds directed by senior financial leaders.”

? “A letter that a group of progressive Democrats sent to federal regulators opposing new protections for millions of Americans’ retirement accounts was drafted by a financial-industry lobbyist”.  Wait’ll you see the rewards for the signers.

? Wow!  “Fast food strikers will escalate their campaign within the next week and  a half”, and they’re going to be focusing on the South, too.

? “Jobless claims improve, reach lowest point in nearly 6 years.”

? “Cisco to cut 4,000 jobs despite strong profits”.  That’s about 5% of its entire workforce. [cont’d.]

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Dan Wright

Dan Wright

Daniel Wright is a longtime blogger and currently writes for Shadowproof. He lives in New Jersey, by choice.