Saturday, October 11, 2014

Documentary Film Claims That There Is Another NSA Leaker with Higher Rank Than Snowden

Documentary Film Claims That There Is Another NSA Leaker with Higher Rank Than Snowden

October 11th, 2014

Via: The Hollywood Reporter:

A second National Security Agency whistleblower exists within the ranks of government intelligence.

That bombshell comes toward the end of Citizenfour, a new documentary from filmmaker Laura Poitras about NSA informant Edward Snowden that had its world premiere on Friday at the New York Film Festival.

In the key scene, journalist Glenn Greenwald visits Snowden at a hotel room in Moscow. Fearing they are being taped, Greenwald communicates with Snowden via pen and paper.

While some of the exchanges are blurred for the camera, it becomes clear that Greenwald wants to convey that another government whistleblower — higher in rank than Snowden — has come forward.

The revelation clearly shocks Snowden, whose mouth drops open when he reads the details of the informant’s leak.

Also revealed by Greenwald is the fact that 1.2 million Americans are currently on a government watch-list. Among them is Poitras herself.

'Life after death'? Scientists gather 'out-of-body' evidence in 'largest-ever' study

Reuters / Finbarr O'ReillyReuters / Finbarr O'Reilly

Its funny after you have had an NDE, its kind of humorous to think people don't believe it happens... but its all perspective I suppose... -AK

Found at:

'Life after death'? Scientists gather 'out-of-body' evidence in 'largest-ever' study
Published time: October 11, 2014 08:28
Edited time: October 11, 2014 13:16

It seems that scientists have finally offered evidence that consciousness after death really could exist, as the largest-ever study into the issue showed that patients could recall intricate details despite being officially declared clinically dead.

Researchers based at the UK’s University of Southampton, who were involved in the AWARE (“AWAreness during REsuscitation”) study, published in the journal Resuscitation, claim that almost 40 percent of people who survived clinical death described some kind of “awareness” during the time before their hearts were restarted.

The study, led by Dr. Sam Parnia, from the State University of New York at Stony Brook, spanned four years and involved 15 hospitals in the US, UK and Austria and more than 2,060 cases of cardiac arrest.

While a high proportion of patients were eliminated from the study on account of death, fatigue or leaving a stage two interview incomplete, two very specific cases stand out in the study - enough to throw doubt on the fact that all consciousness completely ceases upon declaration of death.

"I was up there, looking down at me, the nurse, and another man who had a bald head…I couldn’t see his face but I could see the back of his body. He was quite a chunky fella… He had blue scrubs on, and he had a blue hat, but I could tell he didn’t have any hair, because of where the hat was," one cardiac arrest patient recalled.

A post script in the study notes that : "Medical record review confirmed the...the medical team present during the cardiac arrest and the role the identified “man” played in responding to the cardiac arrest."

Circular Rainbow over Australia

A full circle rainbow was featured as NASA's Astronomy Photo of the Day this week.(Photo: NASA/Colin Leonhardt, Birdseye View Photography)

Full circle rainbow featured by NASA
Brandie Piper, KSDK (St. Louis) 6:23 p.m. MST October 3, 2014

COTTESLOE BEACH, Australia – Have you ever seen a full circle rainbow before?

Most people see rainbows from the ground, which makes them look like an arch. But when you see a rainbow from the air, you can see it's actually a full circle.

Earlier this week NASA posted this photo, taken over Cottesloe Beach, Australia, as the Astronomy Picture of the Day. The caption says it was taken from a helicopter that was flying between a downpour and a setting sun.

Aisha North: A short update on the energies - October 11, 2014
A short update on the energies
By Aisha North,
October 11, 2014

As the quickening continues, you will all at some time or another begin to lose your footing, and we do mean that in the very best sense. You see, what we are referring to, is your old way of maintaining focus and balance by striving to keep the old coordinates in equilibrium, and now, you will all need to be cast off from that old foundation in one way or the other in order for you to be able to complete the trajectory that you started upon in earlier times. You see, what was begun was started with the presumption that as you continued to evolve, your grounding would follow you a fair bit of the way, but then, what was old needed to be forsaken in order for you to be able to stride freely onto the projected path that lies ahead. And so, you now stand at a juncture where so much will feel as if it is crumbling around you, and even if this may sound ominous and overly dramatic to some, we think you will all find that this huge shift may not be as cataclysmic that you perhaps envisage.

You see, what we are referring to, is your energetic anchorage, the one that has held you in good stead while you were so busy rearranging the more superficial structures if you will. And so, it has not only enabled you to initiate this deep and transformative process of change, it has also given you the support you needed to stay the course. But now the time has come to cast off from that old anchorage and set sail for your new berth, the place that will serve your needs and that will also help you to be able to finalize this process of not just your individual transformation, but also the one of your entire planet. And so, know that whatever takes place in the time ahead, and no matter how much unsteadiness, unease and indeed at times even upheaval you may sense in your surroundings, know that it is all simply signals of you pulling up your anchors and of the wind filling your sails and setting you on a steady course towards tomorrow.

We know that our choice of words may seem to be rather flowery and perhaps even silly to some, but we also think you will all take in the gist of this message no matter what form we present it in. For you will all know in the very center of your being that you have now set off on a very new leg of your journey, one that will enable you all to set up a speed that up until now was impossible. For the anchors you hoist will come out so easily of the ground that they have held a steady grip on for eons, for you have prepared yourselves in the very best way for this new phase of this huge endeavour by making sure that nothing will jam up the proceedings and hold you up as you prepare to cast off and commence your onward journey.

And remember, we are not necessarily talking about a translocation in a geographical sense, for this is not about taking off and leaving everything and everyone you know behind you and set off for other shores. No, this is simply an energetic journey, one that will set you racing away from the old demarcations and out into the wide open sea of potential that awaits you all, there for you to finally frolic freely upon the welcoming waters. And you will find yourself speeding ahead by aid of the friendly and powerful winds filling up your unfurled sails, pushing you all ever closer to that welcoming new anchorage ahead, the anchorage that you yourself have so carefully chosen for its location and its abundance of resources, ready to fill your every need.

RT.COM: Bankocalypse drill - US and UK
to run ‘too big to fail’ collapse simulation
on Monday

Britain's Chancellor of the Exchequer George Osborne (R) speaks to U.S. Treasury Secretary, Jack Lew.(Reuters / Alastair Grant) drill: US and UK to run ‘too big to fail’ collapse simulation

Published time: October 11, 2014 03:07

The US and UK will stage a comprehensive simulation next week check whether the countries’ financial and banking sectors are still vulnerable to the problem of the ‘too big to fail’ institutions and coordinate their actions in case of such collapse.

Government financial leaders from Britain and US will simulate a failure of a large banking institution on Monday in Washington, DC, to test the effectiveness of each county’s banking regulations.

They hope the simulation – which will not mimic the collapse of any particular ‘too big to fail’ institution – will demonstrate what the officials have learned from the financial crisis about their respective roles, and how new practices should shield taxpayers from further bailouts. The simulation will run through procedures if a large UK bank with US operations failed, and those for a US bank with a British presence.

“We are going to make sure we can handle an institution that was previously regarded as too big to fail,” said UK chancellor, John Osborne, speaking to journalists at an International Monetary Fund meeting in Washington on Friday. “This demonstrates the distance we have come over the last few years to build resilience and learn the lessons of the financial crisis.”

AFP Photo / Spencer PlattAFP Photo / Spencer Platt
READ MORE: ‘Too big to fail’ status gives US banks ‘free pass’ – Fed study

Participating in the “war game” along with Chancellor Osborne will be US Treasury secretary Jack Lew, head of the Federal Reserve, Janet Yellen, and the governor of the Bank of England, Mark Carney, with senior officials from both countries.

“The purpose of the simulation was to make sure every player, including politicians, knew their own responsibilities and who needed to act, which creditors would take a hit, and how to communicate the authorities’ actions to the public,” Osborne told the Financial Times.

the only winning move is not to play RT @vgmac On Monday, US and UK regulators will "war game" a big bank failure. — Matthew Zeitlin (@MattZeitlin) October 10, 2014

It has been six years since the 2008 financial crisis when $700 billion in taxpayer dollars was used to shore up failing institutions, besides the cost of other bailout programs such as for Fannie Mae and Freddie Mac that totalled at least $135 billion more. The financial crisis lead to mass unemployment, drastic cuts to US government social programs, and contributed to the economic downfall of several European states.

READ MORE: JPMorgan 'agrees' to tentative $13 billion penalty for role in 2008 financial crisis

Since then regulations have passed in the US – the Dodd Frank Act of 2010 that forced banks to have in place capital and to draw up plans of how they would go through an ordinary bankruptcy and which groups would be paid off first.

Next week’s simulation, the results of which are expected to be released to the public, is designed to reassure the taxpayers in both UK and the US that their money will not be misused next time when a large financial institution turns out to be not that big to fail.

READ MORE: Record global debt risks new crisis – Geneva report

ZEROHEDGE: Last Time It Was This Crazy, the Stock Market Crashed

Last Time It Was This Crazy, the Stock Market Crashed

Submitted by testosteronepit on 10/09/2014 23:16 -0400

Wolf Richter
It’s anecdotal evidence, but it’s everywhere in San Francisco and Silicon Valley. A neighbor was cooling her heels by the curb, suitcase next to her. She’s going to Europe on a “vacation-thing,” organized and paid for by her company, she told me. A team-building perk. She’s a coder at a startup, her first job out of college. When she moved in less than two years ago, trucks kept pulling up to deliver her latest acquisitions. One day, she gingerly parked a new BMW in the garage. As we were chatting about her trip to Europe, a limo pulled up for her ride to the airport. That too was part of the perk. No expenses will be spared.
This startup occupies super-expensive San Francisco office space that’s way too big for the number of employees. It’s embellished with designer furniture. Free lunches are de rigueur. All paid for with the boundless money it is getting from investors.
But who cares, except for a few wayward souls in the VC community who lament those sizzling burn rates. Bill Gurley, partner at Benchmark, had stepped to the forefront a few weeks ago to warn that “the average burn rate at the average venture-backed company” is at an “all-time high since ‘99 and maybe in many industries higher than in ‘99” [“Excessive Amounts of Risk” Doom Startup Bubble].
Marc Andreessen, founder of long-forgotten Netscape, then warned in a series of tweets: “When the market turns, and it will turn, we will find out who has been swimming without trunks on. Many high burn rate companies will VAPORIZE.” His final and most eloquent tweet: “Worry.”
Some other VCs chimed in when they had a minute, in between throwing even more cash at these companies to drive their valuations ever deeper into the stratosphere: in the first half, they’d thrown $15.6 billion at them in later-stage financing rounds, the Wall Street Journalreported, on track to break the record of $28.4 billion set in 2000, the year of peak craziness as the whole scheme was already collapsing.
So now, 49 US startups that have not yet gone public and have not yet been acquired have valuations of over $1 billion, with five of them in, or nearly in, the $10 billion club. Uber tops the list with a valuation of $18 billion. And Snapchat, one of these $10-billion outfits, doesn’t even have revenues yet though it might eventually by selling ads via its disappearing messages.
Never before have there been that many startups with $1 billion valuations. The prior record was set last year when 28 companies achieved that milestone. In 2000, before it all collapsed, 10 startups had valuations over one billion. A parabolic rise of mega-valuation startups:
The overall IPO market has been whipped into a frenzy this year, with the most startups going public in the first half since 2000. But not the $1-billion-and-over kind; only 7 of them have gone public, including Alibaba that decided to sell its shares to US investors rather than to investors in China where it belongs. By contrast, in 2000, 38 companies with valuations of $1 billion or more were pushed out the IPO window.
They have their reasons for not going public. Some of them, like Snapchat, don’t have revenues, so convincing even exuberant investors to pay top dollars would be a slog. While that may not be a problem for zero-revenue Biotech startups that proffer the hope for a blockbuster drug, it’s a big problem for social media companies.
Other startups have revenues but are spilling prodigious amounts of red ink. That hasn’t kept them from going public, as the Twitter IPO has shown. Hope is a powerful motivator. There have to be other reasons why so many of them remain in private hands.
Turns out, it’s easier for VCs to multiply their paper profits if these startups do not go public. It’s easier because they control the valuations to a large extent. They don’t have to rely on the finicky stock market that has a nasty tendency to close the IPO window and crush these stocks just as the party is really hopping.
Pre-IPO “valuations” are an artifice decided behind closed doors within a tight community where everyone benefits if the valuations are ratcheted up relentlessly. In the current climate of boundless liquidity and near-zero returns on conservative investments, there is plenty of liquidity sloshing around, waiting for the next opportunity to book a paper profit. That paper profit is nearly guaranteed as long as everyone believes that everyone believes that valuations will be higher in the near future.
Look at Snapchat. It was driven from an already dizzying valuation of $2 billion last November to $10 billion earlier this year, with investors putting in an amazingly tiny amount of actual money. That kind of return would be hard to accomplish even in a frothing-at-the-mouth IPO market [read.... How to Rig the Entire IPO Market with just $20 Million].
This game of multiplying valuations and paper profits in the shortest time is so appealing that the startup scene is drowning in liquidity from all over the world. But how will they get their money out? Who will bail VCs out of these sky-high valuations and give them real money?
Two options: A corporate buyout, such as Facebook’s decision to print $19 billion of its own shares to buy a tiny messaging app maker. These miracles of corporate finance are always cool. Or an IPO. But in these mega-valuation startups, potential gains will have been harvested by private investors. And when time comes to go public, retail investors are likely to end up holding a deflating bag.
This is the rosy scenario. It assumes that the stock market, perched on top of its own ludicrous valuation, doesn’t get spooked beforehand. But there are signs that it is already getting spooked. Then all bets are off. Corporations get stingy, the IPO window closes, and what does get pushed out, experiences a hard landing, or simply shatters on impact. And suddenly the new money dries up. Startups with high burn rates can’t replace their cash and simply flame out. That’s the scenario Andreessen had warned about. It will be the sort of financial bloodletting people will remember for years.
The Dow was down over 300 points today. IPOs may experience hard landings. It’s suddenly tough out there. Even gold, it has been through heck. But wait – unlike the still prevailing exuberance for stocks, gold sentiment is at a historic low. Read….. The Calm Before the Storm in the Gold Market
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