The next three big big shoes are about to hit the floor. The bang will reverberate around the world. The Spanish, Portuguese, and Italian banks will next go belly up and quickly, as they sink with PIGS debt and other credit assets tied to fallen property. Spain will make the most shrill sounds, for a simple reason. They were the worst offender in holding onto mindless unreasonable lofty property values. Their bank books have the biggest drop to realize, after re-entry to reality. The crises underway in the remainder of PIGS nations will continue unabated, and usher in magnificent events where a legitimate gold-backed currency arrives, urgently needed to provide stability. more
A woman and her 23-year-month old son were murdered in their cottage in a sleepy rural village, it has been disclosed.
Their attacker, a 44-year-old man believed to be the woman's partner or ex-partner, then killed himself at the house in Holbrook, Derbyshire.
Police said they received a call from a concerned neighbour at about 11am on Wednesday. When officers arrived at the cottage on Well Yard they discovered the 38-year-old woman and the man dead.
More....
A taxi driver has gone on the rampage, killing 12 people and wounding at least 25 before taking his own life.
Derrick Bird, 52, brought terror to the idyllic Lake District as he drove his cab through the Cumbrian countryside, blasting victims through the window apparently at random.
Britain's worst mass shooting since the 1996 Dunblane tragedy began when the divorced father-of-two shot fellow taxi drivers in the town of Whitehaven, killing at least one.
More.....
When Karl Marx wrote in the Communist Manifesto that “a spectre is haunting Europe,” he did so on the eve of the revolutionary eruptions that began in Italy and France in 1848 and engulfed much of the European continent.
In recent days, a number of media commentaries have predicted a similar eruption of social unrest of revolutionary dimensions as a direct result of the worsening economic crisis. These warnings are accompanied by dire predictions that Europe will suffer the return of nationalist tensions, the emergence of fascist movements and even war. more
Over three hundred thousand people (more than three per cent of the Portuguese population) marched today in central Lisbon in a mega-demonstration against the socially insulting policies of the conservative, right-wing Government provided by the Socialist Party, an insult to Socialism, an insult to Government and the epitome of laboratory politics practised by professional politicians who have never had a real job. more
The presence of Spain’s heavyweight political and financial leaders at this year’s Bilderberg conference is not just because the secretive annual confab is taking place just outside Barcelona – it’s because the Bilderberg elitists are panic stricken at the possibility that their embryonic global currency – the euro – could be heading for total collapse. more
Earlier we reported that the US Mint has run out of American Eagle silver coins. It turns out the Mint is also out of gold American Eagles. more
The Central Bank of Iran is set to dump a whopping 45 billion euros in exchange for gold bullion and dollars as Gulf states also prepare to flee from the ailing single currency amidst debt turmoil in Europe that threatens to disintegrate the entire region. more
As we look forward we see money supply plunge to the same levels of the 1930s. This is the same thing the Fed did between 1929 and 1933... Unfortunately, we are following the path of the “Great Depression.” That means gold and silver are being purchased in a flight to quality. Yes, we believe inflation is on the way in bigger numbers, but unless things change dramatically it won’t be long before that inflation is overcome and deflationary depression takes hold. more
The European Union could seize control of green taxes across the continent in order to make low-carbon energy cheaper. more
And so the US joins the distinguished list of pretty much everyone else in the world in running out of silver and soon, gold. The US Mint has just announced it has run out of silver bullion blanks, and is suspending American Eagle Silver Proof coins, until further notice. more
The states are so broke they're borrowing from the federal government to make burgeoning unemployment insurance benefits – prompting the federal government to borrow the funds from communist China. more
One of the most famous quotations of Austrian economist Ludwig von Mises is that “There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion or later as a final and total catastrophe of the currency involved.” In fact, the US economy is in a downward spiral of debt deflation despite the bold actions of the federal government and of the US Federal Reserve taken in response to the financial crisis that began in 2008 and the associated recession. Although the vicious circle of debt deflation is not widely recognized, precisely what von Mises described is happening before our eyes. more
You don’t have much time. I want to stress from the outset, however, that this is more than a mere forecast. It’s a solemn warning:
The U.S. stock market is showing the kind of extreme volatility and severe strains that typically precede major implosions.
There is very little time left to get your money to safety. The collapse could come at literally any moment now. more
The expulsion of activists - including more than 40 Britons - detained during the storming of an aid flotilla heading for the Gaza Strip is under way.
All the 679 detainees taken off the ships during the Israeli military-led action which saw nine civilians killed will be deported within 48 hours, but about 50 will be held for questioning, a statement from the Israeli government said.
Earlier, Foreign Secretary William Hague said 31 British nationals and a further 11 with dual nationality were known to have been detained after the seizure of the vessels as they attempted to breach the Israeli blockade of the territory.
More....
The two-year scheme at Bristol City Council is only open to candidates from black or ethnic minority backgrounds because the "normal recruitment process was not rectifying" under-representation.
The authority said the programme, which takes on two people a year, is lawful under race relations legislation because it is only a traineeship and does not guarantee a job at the end of it.
But one white jobseeker, who did not want to be named, said it was "totally racist" and would have been "an excellent opportunity for me to make use of the skills and qualifications that I have acquired".
More...
A schoolboy obsessed with drawing pictures of bombs is among hundreds of young people who have been reported to the police as terrorism suspects.
A couple who kept their curtains closed were also flagged up to the Channel Project, an anti-terror warning programme designed to stop vulnerable people becoming radicalised.
At least £3 million has already been spent on the scheme, which was set up in the wake of the 7/7 London bombings in 2005, and more than 230 people have been identified by police as being at risk. More....
Former Cabinet minister David Laws said he plans to get back to work as a local MP after his dramatic resignation from the coalition Government.
The Liberal Democrat stood down as Chief Secretary to the Treasury after he admitted channelling tens of thousands of pounds of public money in rent to his long-term partner.
Mr Laws said he would now see whether he still had the "confidence" of his constituents in Yeovil, Somerset.
In a statement to local media, he said: "I have paid a high price for trying to keep my sexuality a secret. Losing your privacy, your Cabinet job and your perceived integrity within 48 hours isn't very easy.
More....
The Prince of Wales is opening up his gardens at Clarence House for the first time this summer - with a little help from Alan Titchmarsh, Jools Holland and Dame Vivienne Westwood.
There is, however, a catch. While visitors will have an unprecedented opportunity to relax in the Prince’s London garden - inspecting his vegetable patch and rose garden while they are there - they will also be exposed to a barrage of eco-conscious information as the Prince’s friends, associates and fellow green campaigners tell them how to lead more sustainable lives.
More.....
Relatives of a Royal Marine killed in Afghanistan have told how they had been left with a void "that can never be filled".
Marine Scott Taylor, 21, of Buxton, Derbyshire, died in an explosion on Sunday while on foot patrol near Sangin with Alpha Company, 40 Commando.
His family said: "Scotty was the perfect son, brother, grandson, nephew and friend who would do anything for anybody no matter who they were, always caring and respectful.
"He loved his family and lit up the room with his smile."
More....
A martial arts expert who masterminded the £53 million Securitas robbery has been jailed for 10 years in Morocco.
Cage fighter Lee Murray, 30, was told he will spend the next decade in prison at a hearing in Rabat, Kent Police said.
The sentence was for his role co-ordinating the audacious raid at the cash depot in Tonbridge, Kent, on February 21, 2006.
Last June the Moroccan authorities refused to extradite Murray, originally from Sidcup, after establishing his Moroccan nationality.
More.....
The father of Chelsea and England footballer John Terry has been spared jail for supplying cocaine to an undercover newspaper reporter.
Edward Terry, of Chafford Hundred, Essex, admitted supplying 3.5 grammes of the class A drug to a News of the World journalist, posing as a chauffeur, last November.
But Judge Christopher Mitchell said: "It is a very, very clear case of entrapment solely to create a newspaper story."
More....
Climate change now represents so urgent a threat to mankind that the only way to deal with it is by suspending democracy. more
Ministers have ordered a review of looming global shortages of resources, from fish and timber to water and precious metals, amid mounting concern that the problem could hit every sector of the economy.
The study has been commissioned following sharp rises in many commodity prices on the world markets and recent riots in some countries over food shortages. more
Morgan Kelly, an economics professor with University College Dublin, make clear that Ireland’s budgetary situation is, in fact, set to decay rapidly. According Kelly, who is credited with having predicted the collapse of the Irish housing bubble, “It is no longer a question of whether Ireland will go bust, but when”. more
The sovereign debt crisis in Greece and many other European nations has, at least for the moment, opened a gap in the wash of financial disinformation that has prevailed in the mainstream media for the past year. The average American is now more aware of the terrible costs of living in an artificially driven and widely manipulated “global economy”, and has also been exposed (at least for the moment) to the very real frailties in our own markets, which have been hidden or downplayed by the government as well as disingenuous establishment economists. Events in the EU, however, are only a glimpse of the greater and more imminent threats we face in the near future. In this article we will look at some of the latest and most disturbing moves by governments and financial institutions, as well as tell-tale signs in our own local cities, which signal that a full-spectrum collapse of world markets and possibly our own currency is not only in progress, but nearing completion. more
The largest financial crisis in history is spreading from private to sovereign entities. At best, Europe’s recovery will suffer as the collapsing euro subtracts from growth in its key trading partners. At worst, a disintegration of the single currency or a wave of disorderly defaults could unhinge the financial system and precipitate a double-dip recession... more
The European Central Bank sent tremors through financial markets last night when it warned that banks in the eurozone nations faced having to write off another €195 billion in bad loans over the next 18 months. more
In one of the early issues of my newsletter, I wrote an article about the Kondratiev Cycle, an economic cycle which was first identified by Nikolai D. Kondratiev (1892-1938) an eminent Russian economist. The famous economist, Joseph Schumpeter, once said that the Kondratiev Wave is “...the single most important tool in economic forecasting.” more
The politicians as evidenced during the sovereign debt crisis bailouts continue to show that they are firmly in the back pockets of the bankster elite. Instead of countries such as Greece defaulting on their debts, they are being forced to become debt slaves to finance their debt masters (the bond market) in perpetuity, as power continue to drift from the debt slave sovereign states to the their debt masters i.e. the debt providers, the IMF and now the German Government which through its bailout holds countries such as Greece by the balls, and is fully willing to squeeze governments that show dissent and disobedience to the New German European Order. Off course looking at the bigger picture, the German state itself is enslaved to the banking elite. more
Make no mistake about it, what is happening in Greece and Thailand right now will be coming soon to a theatre near you as well, with a war between our bloated bureaucracy and the public at center. It’s important to understand that the weaker periphery states in the Western alliance is just the beginning in a global affair, as Martin Armstrong points out in his latest, and that while being ‘big daddy’ of the sovereign debt debacle will postpone crisis in the US briefly as capital seeks safety in her markets, once this reaction is exhausted the U$$ Titanic America will be going down too. Therein, after the panic into US bonds (and stocks as a result of artificially lower rates) is done, rates will rise in the States as well, forcing the same budget cuts and austerity measures now being imposed on what is being described by the Western media sources (in justifying trading action) as the economic basket case, better known as Europe. more
People spent less going out in the past three months as the service sector failed to build on the momentum evident at the start of the year, according to the CBI.more
The summer of 2010 promises to be the most tumultuous summer in the short history of the European Union. The sovereign debt crisis sweeping the continent threatens to cause economic and political instability on a scale not seen in Europe for decades. The truth is that governments across the eurozone have accumulated gigantic piles of debt that simply are not sustainable. Prior to the implementation of the euro, these European governments often "printed" their way out of messes like this, but now they can't do that. Now they either have to dramatically cut government expenses or they have to default. But the austerity measures that the IMF and the ECB are pressuring these European governments to adopt are likely to have some very painful side effects. Not only will these austerity measures cause a significant slowdown in economic growth, they are also likely to cause the same kinds of protests, strikes and riots that we saw in Greece to erupt all over Europe. more
“Europe’s top job-creator only two years ago, Spain now has the region’s highest unemployment rate, at just over 20 percent, and is the slowest of the major economies to emerge from the global recession. Meanwhile, the ratings agency dealt a blow to state efforts to shore up confidence in its finances by cutting the country’s rating one notch from AAA to AA plus” more
We had expected the broad stockmarket and the resource sector to stabilize and start to recover last week and they did, and while we are likely to see further recovery in the days and perhaps weeks ahead, there have been some ominous developments in the recent past that we would be most unwise to ignore. The market did not go into full crash mode because it was not technically ready to, although it got close to it, and crucial support held - for now. However, heavy technical damage was inflicted and a broad review of long-term charts reveals that a blood-curdlingly dangerous setup has developed across a wide spectrum of markets. more
Euro under new pressure after Spain's debt rating is downgraded ... Markets set to fall after ratings agency Fitch strips Spain of AAA score ... French debt rating also threatened, says budget minister Francois Baroin ... Spain's Jose Luis Rodriguez Zapatero (left) struggled to gain support for austerity measures. His government may also face a general strike. ... The euro is expected to come under further pressure tomorrow as Spain's minority government teeters on the brink of collapse and traders fear contagion throughout the eurozone after a senior French minister admitted that his country's top-notch credit rating was under threat. Stock and debt markets are likely to take a battering after the decision on Friday by the ratings agency Fitch to strip Spain of its coveted AAA credit score, the second downgrade in a month. Fitch's decision was announced after the markets in closed, so traders will have their first chance tomorrow to react, although London and New York will be sidelined by bank holidays. more
So just how bad is the U.S. economy? Well, the truth is that sometimes it is hard to put into words. We have squandered the great wealth left to us by our forefathers, we have almost totally dismantled the world’s greatest manufacturing base, we have shipped millions of good jobs overseas and we have piled up the biggest mountain of debt in the history of mankind. We have taken the greatest free enterprise economy that was ever created and have turned it into a gigantic house of cards delicately balanced on a never-ending spiral of paper money and debt. For decades, all of this paper money and debt has enabled us to enjoy the greatest party in the history of the world, but now the bills are coming due and the party is nearly over. more
On the weekend of May 7-9, the European Union gazed into the abyss of historical failure. The fate of the euro was at stake and with it European unification as a whole. Not since before the signing of the Treaty of Rome in 1957 had Europe been in such grave political danger. On the surface, the matter at hand was the financial stabilization of Greece and of the Europe’s common currency, but the real title of the play was “Saving the Banks, Part II.” more
Is this Global Meltdown part II? Unsurprisingly, most economists say no: stop that alarmist talk, ignore fresh signs of trouble in Spain, and look at the improving data. But with Britain and other countries barely back on their feet after the deepest downturn in decades, the doomsayers see double-dip recession, contagion, market mayhem and no easy way out.
They warn that shares will plummet as investors take stock of the unprecedented scale of a swathe of sovereign debt crises. They see confidence-shattering debt defaults, a eurozone in a perpetual identity crisis and years of financial pain as households ultimately foot the bill for the bailouts ushered through in Meltdown part I. more
The magnitude of current private and government debt, coupled with massive unfunded contingent liabilities for promises of future services to their citizens, will prove to be impossible for many nations to fund. Massive inflation in the money supply will become the preferred vehicle to deflect the default monster and will result in vastly devalued currencies and price inflation as a prelude to default. Such action will be a desperate attempt to buy time to stave off the inevitable and will result in social unrest caused by persons whose comfortable lifestyle and elevated standard of living is about to disintegrate before their very eyes. more
The U.S. military is reviewing options for a unilateral strike in Pakistan in the event that a successful attack on American soil is traced to the country's tribal areas, according to senior military officials. more
U.S. stocks slid, capping the worst May for the Dow Jones Industrial Average since 1940, while the euro slumped and Treasuries rose as a downgrade of Spain’s debt rating and escalating tensions on the Korean peninsula triggered a flight from riskier assets. more
As we’ve discussed recently, persistent deflationary forces do not augur for a repeat of Japan circa 1990s or the US in the 1930s. Instead, because of the inability of governments to finance their current and future debt burden (there is a dearth of domestic savings and global capital), deflationary forces will ultimately lead to severe inflation or hyperinflation. In today’s missive, we explain how this will happen but in various stages. more
The global credit system is flashing the most serious warning signals in almost a year on triple fears of a Spanish banking crisis, escalating political risk in Asia, and a second leg to the US housing slump. more
The Spanish Inquisition used to burn Englishmen in Sevilla's Plaza de San Francisco when they had the chance. There must have been some nostalgia for this practice when the news hit that Fitch Ratings had stripped the country of its AAA status. more
A month ago, with the market charging ever higher, climbing the "wall of worry," most bearish voices had been silenced. Now they're back with a vengeance. more
Threats of a general strike in Spain intensified this weekend following Friday's decision by the credit agency Fitch Ratings to downgrade the country's debt from AAA to AA+. more
One of Spain’s biggest banks was this weekend negotiating a merger with five smaller rivals as part of a desperate government effort to restore confidence in the faltering economy, which threatens to drag down the rest of the eurozone. more
Israel has allegedly deployed a permanent submarine presence in the Persian Gulf to keep an eye on Iran, according to media reports published Sunday. The three German-built submarines are reportedly equipped with nuclear cruise missiles. more
The dollar's recent strength has been explained by most market analysts as a result of the euro weakness rather than any fundamental support for the greenback. In fact, a closer look at the dollar's chart - particularly the dollar index - suggests the currency may be primed for a collapse. more
Spain lost its AAA credit grade at Fitch Ratings, which said the country’s debt burden is likely to weigh on economic growth. more
THE Greek government has been advised by British economists to leave the euro and default on its €300 billion (£255 billion) debt to save its economy. more
I want to draw your attention to this article:
Credit Crisis Indicators Going Bonkers Again! Batten Down the Hatches!
Apart from everything else that is going on in the World; The Oil Crisis, The Korean Crisis, The Euro Crisis, The Greek Crisis, The Spanish downgrade etc these indicators represent the greatest threat to the world economy.
It was these same indicators that heralded the Lehman induced Credit Crisis of 2008. The World overcame the freezing of the credit markets at that time through a massive infusions of Government money.
If the Credit markets freeze again there's no more Government money to solve the problem-that's it game over.
If the credit markets freeze now it will be PERMANENT.
What can you expect, should this happen? Firstly the stock markets will shut down, then the banks will declare a holiday and you will be limited to the amount you can withdraw. The world economy and financial system will collapse in a matter of days. We will enter a new and totally alien world. It's not definate but these indicators point towards it. If they keep going up Collapse is unavoidable.
If you sense real danger get your money out of the bank and stock up on fuel and food. Watch the markets closely this week, check in at Business Insider several times a day(they're the best for up to the minute news). A full blown collapse is now a very real possibilty.
Sorry to spoil your Bank Holiday!
ukws
The new coalition Government is engulfed in its first crisis after Chief Secretary to the Treasury David Laws was forced to apologise over parliamentary expenses running into tens of thousands of pounds.
The Liberal Democrat Cabinet minister's job looked to be hanging in the balance after it emerged he channelled more than £40,000 of taxpayers' money to his long-term partner.
More.....
Senior US officials and military officers have been interviewed for the Chilcot Inquiry into the Iraq War.
Members of the independent Iraq Inquiry Committee spoke to key players including Paul Bremer - who administrated the country as George Bush's "vice-consul" from 2003-04 - during a series of meetings in Washington and Boston last week.
Others questioned included the former US ambassador to Iraq Ryan Crocker and the leaders of the Iraq Survey Group which conducted a fruitless search for weapons of mass destruction in the aftermath of the 2003 war, David Kay and Charles Duelfer.
More....
Three teenagers who killed a woman by pushing a firework through her letterbox following a string of bullying attacks on her son have been jailed.
Mary Fox, 59, died in the fire in Bodmin, Cornwall on Bonfire Night last year after the Silver Dart was thrust inside to "frighten" the family as part of a prank aimed at her son Raum, then 17, who escaped through a window of the blazing council home in Wallace Road.
More...
Former deputy prime minister John Prescott, ex-Tory leader Michael Howard and former Northern Ireland first minister Ian Paisley are among more than 50 senior figures who have been elevated to the House of Lords.
Children's television presenter Floella Benjamin is being made a Liberal Democrat peer, while Sue Nye, a key adviser to Gordon Brown, will join for the Labour Party.
More....
P.S. I despair.
Eastern Europeans who sleep rough on the streets of central London could be deported in a clampdown on anti-social behaviour today.
Migrants from rough sleeping “hot spots” around Westminster and Victoria are being targeted after council chiefs said they had received “repeated complaints” from residents.
If the sleepers cannot prove they are seeking work they will be referred to the UK Border Agency for deportation. More....
A Saudi prince appeared in court today to deny murdering a servant in a five-star London hotel.
Saud bin Abdulaziz bin Nasir bin Abdulaziz al Saud, 33, is accused of beating 32-year-old Bandar Abdullah Abdulaziz at the Landmark Hotel in Marylebone.
The multi-millionaire also denied inflicting grievous bodily harm with intent on his servant on January 22, three weeks before the killing.
Al Saud spoke only to confirm his name and enter his not guilty pleas on both counts at the High Court. Mr Justice Bean remanded him in custody until his trial on 4 October at the Old Bailey.
SOURCE
Massive queues formed outside Apple's flagship store today as hundreds vied to get their hands on the latest must-have gadget - the iPad.
The queues of technophiles snaked down Regent Street in central London from yesterday afternoon for the touch-screen tablet-style computer.
Exhausted but "elated" Jake Lee, 17, from Theydon Bois, Essex, was first in the queue, having arrived at midday yesterday with three friends.
More....
Michael O'Donnell, 29, from Salford, Greater Manchester, sliced off his ear while in his cell at Forest Bank Prison in the early hours of May 2.
An ambulance was called to take him from the prison in Salford to the nearby Hope Hospital, but it was ambushed on the way. More.....
Detectives investigating the discovery of a baby's body at a railway station have traced the mother of the child.
A teenage girl has come forward and is now receiving treatment, Hampshire police said.
The white baby girl was found wrapped in a plastic bag inside a bin by a cleaner at the front of Fleet station in Hampshire on Wednesday.
More.....
Friends have paid tribute to a schoolboy who died after jumping into a deepwater Thames dock to cool off on one of the hottest days of the year.
Kafi Ibrahim, 12, from Deptford, is believed to have drowned while swimming with friends at Rainbow Quay in Greenland Dock, Rotherhithe. He was a Year 8 pupil at Prendergast-Ladywell Fields College, formerly known as Crofton School, in Brockley.
More.....
An illegal immigrant who conned the former Attorney General into hiring her as a cleaner has been jailed for a total of eight months at the Old Bailey.
Loloahi Tapui, who had overstayed her student visa by four years, duped former chief law officer Baroness Scotland into hiring her as her housekeeper for just £6 per hour.
The 27-year-old Tongan was found guilty of fraud last month at Southwark Crown Court in London. She was bailed to Thursday.
More....
Former spy chief Dame Pauline Neville-Jones is carrying out a review of security for the 2012 London Games, Sports and Olympic Minister Hugh Robertson has announced.
The fact that Dame Pauline, a former chairman of the Joint Intelligence Committee, has been asked to lead the Home Office security review shows "just how serious" an issue Olympics safety is for the Government, Mr Robertson said.
He said: "The new Government regards this (the London 2012 Games) as a top priority. The Home Office has announced they will review security planning - that is as much about procedure as build.
More....
Counter-terrorism funding will be slashed by £10 million as part of wholesale Whitehall cuts, the Government has announced.
Police Minister Nick Herbert said the money will come out of police budgets as part of £367 million in Home Office savings.
He said the fight against violent extremism has benefited from "significant growth in funding" over the past decade.
More....
A man has been charged with the murders of three prostitutes.
Stephen Griffiths, 40, was charged with the murders of Suzanne Blamires, Shelley Armitage and Susan Rushworth.
The remains of Ms Blamires, 36, were found in the River Aire at Shipley on Tuesday. She disappeared from Bradford last week.
At a press conference outside Trafalgar House police station in Bradford, Peter Mann of the Crown Prosecution Service said there was sufficient evidence to charge Griffiths with all three murders.
more....
Big rises in public sector pay in the eurozone contributed to collapses in EU countries' public finances, a senior European Central Bank official said today.
ECB executive board member Lorenzo Bini Smaghi said average eurozone public sector pay had risen 36% in the last 10 years compared with a 24% rise in the private sector.
“The pay trend has strongly contributed to the deterioration of public finances. If public sector salaries had increased in line with private ones, Greece's deficit last year would have been more than three percentage points of GDP less,” he wrote in Italy's Corriere della Sera newspaper.
The pay rises over the last 10 years have not only weighed on public finances but also on the growth potential of the European economy, he said: “Without a rapid and drastic reversal of the trend public finances will not become healthy again and growth will not pick-up.”
SOURCE
A university student suspected of murdering three prostitutes in Bradford was arrested after detectives obtained CCTV footage of the moment when a killer fired a crossbow bolt into a woman’s head.
The film, obtained from a block of flats, shows Suzanne Blamires being chased along a corridor by a man who attacked and knocked her to the ground.
More....
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The next three big big shoes are about to hit the floor. The bang will reverberate around the world. The Spanish, Portuguese, and Italian banks will next go belly up and quickly, as they sink with PIGS debt and other credit assets tied to fallen property. Spain will make the most shrill sounds, for a simple reason. They were the worst offender in holding onto mindless unreasonable lofty property values. Their bank books have the biggest drop to realize, after re-entry to reality. The crises underway in the remainder of PIGS nations will continue unabated, and usher in magnificent events where a legitimate gold-backed currency arrives, urgently needed to provide stability. more
