The Banking System, System Collapse: The Big Fat Greek Bank Run Episode 3

""It appears times up for the Greek Trojan Horse that has been parked outside of the European Central Bank for years, slowly but steadily bleeding the euro-zone dry of now in excess of Euro 360 billion (E240 billion bailout + E120 billion banking system support), as the euro-zone bureaucrats and politicians are finally starting to understand what many have understood for the past 5 years that Greece just cannot function within the Euro-zone, it should never have been allowed to join with bogus economic statistics and subsequently should not have been bailed out again and again and again.

BBC Newsnight briefly reports that at a meeting of european finance ministers on Thursday a senior official of the ECB was asked will the Greek banks be able to open tomorrow (Friday), he said yes, but I don't know about Monday.

Greece Bank Run Going Exponential

The Greek banking system has been bleeding deposits all year, having seen at least Euro 40 billion withdrawn this year, leaving behind approx Euro 120 billion. However, as the end game approaches (Varoufakis is apparently an expert on Game Theory) the rate of withdrawal has accelerated to over Euro 1 billion per day, up from approx Euro 200 million a day of a week ago, and could keep doubling every other day, which is despite ECB support on a DAILY basis without which Greece's banking system would have collapsed 5 years ago! Which means Greek banks are paying withdrawing depositors with funds from the ECB that to date totals approx Euro 120 billion because the Greek banks have been bankrupt for some time!

Even Greece's central bank panicked by opening warning the Syriza government that Greece was heading for a catastrophic crash out of the euro-zone.

So the worry for depositors is that one day, perhaps Monday, the ECB fails to provide enough liquidity to prevent a banking system collapse when the Greek banks make the call for more money and as Northern Rock illustrates, for already worried savers it only takes a media report of queues outside of banks to trigger an out of control panic reaction that no matter what the politicians state or promise has no effect on panicking savers, fearing that they will only get back a fraction of the value of their original euro deposits after Greece prints its own devalued currency.

My yesterdays article covered the dynamics of the Greek debt crisis that have their roots in the fact that Greece wants a permanent subsidy from other euro-zone member states to subsidise the Greek life style as illustrated by the fact that Greeks can retire as early as from age 26 with most retiring before age 55. Something that many other eurozone member states such as Germany cannot stomach, especially after having sunk Euro 360 billion already into the Greek black hole (read -GREXIT - Greece Wants to Become Scotland, Seeks Permanent Subsidy from Euro Tax Payers.)

It does look like that Greece is galloping towards a GREXIT, in which case that will put pressure onto the other PIIGS member states as the question will be asked who will be next, as I wrote yesterday :

The Big Problem is PorExit, SpaExit and ItaExit.

Greece in economic terms is a flea on the back of the Euro-zone elephant that could easily survive a GREXIT. But the real problem is who would be next, for soon the pressure would mount on the other PIIGS, with Portugal, Spain and Italy vying for who would be next to EXIT the euro-zone, something which the Euro-zone would not survive. Therefore that remains Greece's 'Ace in the hole', which is why they are still in the eurozone, so probably suggests that some sort of fudge will be arrived at that would only DELAY GREXIT for the fundamental reason Greece is BANKRUPT!

A GrExit would also make a BrExit more probable, whilst Putin would be dancing in the Kremlin.""

Greece to Enter ECB Torture Chamber:

http://www.marketoracle.co.uk/Article51133.html 

Big Pharma Bribery as CDC Caught Lying about Corporate Collusions

""The Centers for Disease Control and Prevention once had a rather good reputation among Americans and the world, but that reputation continues to take hits as more information becomes available about how the agency functions and its ties to industry.

Once touted as an "independent" institution, a recent investigative report published in The BMJ (British Medical Journal) by associate editor Jeanne Lenzer calls into question the CDC's integrity. Notably, the report demonstrates how the agency has been less than honest in its publication of disclaimers in its own studies when stating that "they have no financial interests or other relationships with the manufacturers of commercial products."

While the news does not come as a shocker to those of us in alternative media, the information is nevertheless noteworthy in that it was published in one of the premier medical science journals. Lenzer, in her report, described the significance of the report and the platform in which it was published:

The CDC's image as an independent watchdog over the public health has given it enormous prestige, and its recommendations are occasionally enforced by law.

She then went on to quote Marcia Angell, the former editor-in-chief of the New England Journal of Medicine:

The CDC has enormous credibility among physicians, in no small part because the agency is generally thought to be free of industry bias. Financial dealings with biopharmaceutical companies threaten that reputation.

"Authorised" to accept Big Pharma "funding"

Lenzer then provides documentation in her report about how the CDC has gotten millions of dollars in "industry gifts and funding" at least since 1983 (the agency was founded in 1946).

"Despite the agency's disclaimer, the CDC does receive millions of dollars in industry gifts and funding, both directly and indirectly, and several recent CDC actions and recommendations have raised questions about the science it cites, the clinical guidelines it promotes, and the money it is taking," she wrote.

In 1983, Lenzer says, the CDC was "authorised" to accept funding from Big Pharma companies, and that in 1995 Congress approved legislation – signed into law by President Bill Clinton – "to encourage relationships between industry and the CDC."

The report goes on to give a number of examples of how Big Pharma funding has likely affected the outcomes of research that was used to promote questionable medications.

As Natural News has previously reported, the CDC is actually a for-profit corporation, as they are generally defined, much like the rest of the federal government, which has been sold off to the highest corporate bidder.

In that report, we revealed that the CDC was listed in a Dunn & Bradstreet database as a for-profit entity, even though it is supposed to be a public, not-for-profit entity (as Lenzer noted, U.S. taxpayers funded the CDC to the tune of about $6.6 billion last year).

We also tied the CDC to the pharmaceutical industry, which seeks to profit by essentially keeping us sick and dependent on medications.""

http://www.naturalnews.com/050024_CDC_corruption_bribery_Big_Pharma.html

Thanks Big Pharma: Multitudes of Drug Medications Cause Murder and Homicide Risk Increased by 31% to 200% for 100 Million Americans

""Just as Natural News has warned for over a decade, mind-altering medications such as tranquilizers and psychiatric drugs (SSRIs) have now been confirmed to increase the risk of a person committing murder.

A new study published in the journal World Psychiatry (June 1 edition, not yet found on the web) found that several classes of prescription medications -- including antidepressant drugs, tranquilizers and anti-inflammatory painkillers -- markedly increased the chances of someone murdering another human being.

This link has long been suspect in antidepressants, which have been repeatedly linked to mass school shootings in the United States.

"I think that these chemical substances affect the impulse control of the person," Dr. Jari Tiihonen, lead author and a professor, told Medical Daily. "The only surprising result was that painkillers also increase the risk." 

According to the study's findings:

• Antidepressant drugs increased the risk of committing homicide by 31%.

• Tranquilizers increased the risk of committing homicide by 45%.

• Opioid pain relievers increased the risk of committing homicide by 92%.

• Anti-inflammatory painkillers increased the risk of committing homicide by 200%.

We were right all along: These mind-altering medications turn some people into cold-blooded killers

For years, the New Media / Independent Media has been warning about the dangers of psychiatric drugs causing violence. The mainstream media, which now receives as much as 70% of its advertising revenue from drug companies, has all but censored this story, largely ignoring the mass deaths taking place right in our local communities.

Since then, Natural News and other media sources have continued to cover the link between psychiatric drugs and violence, including this story: Prescription drugs are connected to school shootings and other violence, yet more drugs are touted as the solution.

(Also since 2009, I've published fourteen songs and music videos, each of them covering key issues of social justice, liberty and food freedom. Click here to hear the fan-favorite song "Be Divergent" or one of my personal favorites Revolution of the Heart.)

Is Big Pharma contributing to the wave of homicidal violence sweeping America?

America is presently experiencing a massive crime wave, with gangs running loose in the streets of cities like Baltimore and Chicago. The number of shootings that took place in Baltimore over just the Memorial Day weekend -- 32 -- is larger than the total number of shootings that take place in an entire year in many other countries.

In the month of May alone, there were 300 shootings in Chicago, with 35 deaths.

Here's the question of the day: How many people in Baltimore and Chicago are on antidepressant drugs? How many are taking anti-inflammatory painkillers? How many people who participated in the recent riots were operating with medicated brains? What role does medication play in the escalating violence now spiraling out of control across many of America's cities? (A medicated population is not a rational population... where will this lead next?)

Gun control advocates point to firearms as the cause of such violence, but the logic doesn't pan out. Guns don't shoot by themselves. (I tried it with a magic wand over and over, and I could never get my rifle to fire unless I deliberately pulled the trigger.) Firearms require a person to make a decision in order to unleash a high-velocity bullet in the direction of an intended target. That decision-making process is precisely what's compromised by mind-altering medications. SSRIs can push some people over the edge, causing them to illegally use a firearm in a way its manufacturer never intended. In much the same way, someone can drink a lot of alcohol and use a vehicle to commit mass homicide, too. Both of these are chemically induced homicides using mechanical tools (cars or guns) which were never meant to kill innocent people.

What they both have in common is inhibited cognitive function caused by chemicals. "Medicated driving" is just as dangerous as "drunk driving..." and possibly even more so.

Pharma-funded media tries to downplay link between SSRIs and homicide

The mainstream media is predictably trying to downplay the increased risk homicidal behavior among people medicated with antidepressants, claiming a 31% increased risk is only a "slight" risk. Of course, this is the same media that, if presented with a press release from the CDC claiming unvaccinated children had a 31% increased risk of contracting measles in Disneyland, would be screaming bloody murder and causing a nationwide infectious disease panic. "Thirty-one percent increased risk!! Get your damn kids vaccinated!"

Example of the total dismissal of the risk factors documented in the study: "When asked about the practical implications of these findings, Tiihonen said that people should not be worried about the risk of violence associated with antidepressant use," reportsLiveScience.com, which also downplays any link between antidepressant drugs and violence.

Why, exactly, should we not be worried about medicated people committing mass murder? Maybe because that worry would call into question all the lies we've been told about drug safety by the FDA and Big Pharma.

Even if the increased risk seems small on an individual basis, you have tens of millions of Americans taking these drugs. A small risk multiplied by tens of millions of people results in the inevitability of a drug-induced homicide or mass murder... much like what we saw in Columbine, Colorado, and other school shootings. According to CDC statistics, almost 30 million Americans aged 12 and over are now taking antidepressant medications. That's 30 million would-be killers... ticking time bombs of violence if the drugs trigger homicidal violence in their brains.

There are almost a hundred million more people who take anti-inflammatory painkillers, too, according to this Consumer Reports document. On top of that, there are presentlyabout 60 million prescriptions written each year for tranquilizer-class medications. Clearly, we're talking about more than one-third of Americans taking these risky medicationsthat can cause homicidal behavior. That's not a small deal by any measure.

Furthermore, both the government and mainstream media have loudly raised the alarm on many other issues that pose a far smaller risk of public harm than psychiatric drugs. For example:

• There is virtually zero risk of being harmed or attacked by a terrorist anywhere in the United States. Yet the entire Patriot Act surveillance state / TSA / police state / militarized police infrastructure that has been put into place since 2001 was based on the heavily marketed fear that terrorists were hiding around every corner, waiting to kill us all. In truth,almost no one in America has even seen a terrorist, much less been killed by one.

• There is almost ZERO risk that a healthy, unvaccinated child exposed to measles will be killed by measles. Even in the heavily propagandized Disneyland outbreak, not a single child died. Some got the measles, built their own immune system antibodies, and recovered naturally.""

http://www.naturalnews.com/049921_psychiatric_medications_homicide_risk_drug_violence.html