Monday, 16 May 2011

Now THIS is Third World

To me the stealing of copper wire from utility poles typifies the Third World environment, especially that of Africa. In my time there I knew it to be the bane of all infrastructure management. And it's especially prevalent in South Africa since 'freedom and democracy' were introduced.

Now, in the latest in a long progression towards Third World status, this phenomenon is taking off in the USA. If you read the comments to the post you'll see it's not just in Quincy but all over. In the South it seems whole air-conditioning units are being stolen for their copper.

I see this as another canary in the coal mine, but you can be assured that the western MSM, well trained in the delicate art of not seeing what's in front of their nose, will not arrive at the same conclusion.

67 comments:

Anonymous said...

Ok, but riddle me this. If the situation in the US is so bad, and now we have the new debt-ceiling debate, why are government bods still being bought up, and at nearly zero % at that.

Maybe Reg, Franz or Uncle N cud help?

Bemused stare said...

Actually the air-con theft bit has been going on for some time over there. I seem to remember "white Rose" from CO mentioning that is is out of control in her area.

I tell you what flips me out on this, is the cost to the victim as compared to the gain to the criminal. Let me explain. Unlike human criminals, the locusts cause astounding amounts of damage to net what any working man most likely earns in a day before the taxman robs him to hand his money to said locusts. Here is a classic example.

http://www.tios.co.za/lights-out-headache-for-drivers-1.1008352

Essentially, over a million US dollars in damage was incurred over a one month period so that the thieves could net at most a few thousand dollars.

Titus said...

When I worked in Nigeria thieves, and somethimes employees, would 'borrow' the emergency generator that kept the computer room operational. (Main were totally unreliable). Every so often the systems would crash/overheat causing enormous and costly damage. Nobody cared.

Anonymous said...

Regarding this:-

Story one from South Africa. Copper cable theft.

http://allafrica.com/stories/201011120963.html

A quote:-

In a 2009 parliamentary session on copper cable theft, it was revealed that Eskom lost R14.8 million in stolen materials, R38.7 million in replacement infrastructure and R18.2 million in security mitigation for 2008/09 (up from R10.5, 21.5, and R14.5 million respectively for 2007/08). Likewise, Transnet suffered losses of R12 million in stolen materials, R30.1 million in replacement infrastructure, and R116.0 million in security mitigation for 2008/09 (up from R8.9 million, R22.2 million and R91.9 million for 2007/08).

Telkom appears to top the charts, reportedly spending R141 million on new telecommunications infrastructure and R231 million on security mitigation in 2007/2008. What is not clear from these figures is who is benefiting the most from this illegal economy and what can be done to thwart the beneficiaries?


I knew a cop in ZA whose task was to investigate copper theft.

The modus operandi was very simple. Don't look for criminal sophistication here.

First get a crew together.

Beg, borrow or (usually) steal digging implements -- picks, shovels, etc. Oh, and axes.

Steal some rope or preferably steel cable.

Steal the biggest flat bed truck you can.

Drive out to where you won't be seen and dig for power or underground telephone cable. Expose the cable, do some halfhearted chopping at the cable.
Tie rope or cable around copper wire and attach to truck.

Drive off, ripping the cable in two, and keep going until you pull a few hundred metres of cable clean out of the ground until the truck stalls and can go no further.

Reverse back, loading ripped out cable onto truck bed as you go.

Hack last of cable free (with the axes).

Drive to scumbag metals dealer, get paid a few cents in the rand; dump or burn the truck.

Drive to shebeen, get pissed on the profits, rinse and repeat.

Score to thieves:- maybe a thousand Rand (US$150.00)

Cost to everyone else in time, labour, lost productivity, replacement of cable and truck?

Who gives a rat's arse? it's Afica, bro.

And that's why the wetback refused to allow his daughter to marry a nigger. He was afraid the kids would grow up too lazy to steal.

Multiply this by 350 000 000 thieving shitskins and you have Africa in a nutshell.

Africa delenda est.

Cheers,
Uncle Nasty

Anonymous said...

Africa story two.

This is not an urban myth. It actually happened.

Not only do the 'groids steal power cable, they steal power. Very popular.

Slums, squatter camps and locations are called "Informal settlements" (Don't you just love PC)

Legit power is stolen by informal electricians who scramble up the power poles and hook power lines direct to their shacks (sorry, informal dwellings) skipping the power meters and that cumbersome and oh, so white formality of, y'know, paying for something.

It don't matter ... YT pays in ever increasing power bills.

Right ... the story.

A salesman in an upmarket department store is approached by a boog (extremely well dressed boog, but boog, nonetheless ... lots of bling, expensive cellphone, big gold wristwatch, the works) who orders and pays cash for the biggest plasma TV in the shop to be delivered at his home.

Long story short ... boog phones shop and squeals mightily 'cause Plasma TV keeps switching itself off and on -- all day, all night.

Can you guess the rest?

Technicians get back howling with laughter. The jigaboo -- govt. employed big shot with Beemer and Merc in driveway -- had hooked his TV to the nearest traffic light.

Ahhhh ... dear.

Africa definitely must delenda est

Cheers,
UN

Anonymous said...

Regarding Bemused Stare's post and link (Above), let me clear up a possible misconception.

In South Africa -- don't ask me why -- we always called traffic lights "robots".

This was the source of much mirth from tourists ... some of whom actually expected big mechanical/electrical traffic cops standing in the intersection, directing traffic.

Blowing whistles, maybe?

Thought you should know.

UN

Anonymous said...

Here I go. First to bring you the bad news:-

http://www.copblock.org/4047/los-angeles-sheriffs-form-gang/

Start of a trend? After all the most feared and reviled Mexican drug gang are fully trained cops gone rotten.

and another:-

http://the-classic-liberal.com/luke-davis-state-forfeiture-thug/

Once the sheep dogs turn into wolves, all is lost.

Cheers,
UN

Anonymous said...

Third world doesn't have it so bad ... in the first world.

Go here:-

http://downwithjugears.blogspot.com/

and read American Dumb-ass vs. Beaner

Covington's looking pretty good now, eh?

Cheers,
Uncle Nasty

Rob said...

There was a spate of that in the UK a few years ago, whether by Irish travellers or more exotic cultural enrichers we weren't told. If there was a run on aluminium, your car had better have Satnav, because aluminium road signs were being swiped all over the place and sold off as scrap.

Anonymous said...

Escalating price of copper is big driver for these thefts. Imagine if AC units contained gold wire - I'm sure there'd be even more thieves! Plus, with all the empty, foreclosed homes in the US, there are plenty of easy pickings these days.

JP

Canuck said...

Uncle Nasty, your stories about Africa, and such things as 'informal' settlements and dwellings, well these things are becoming common in many parts of the US right now. And it's not only the mud peoples, you'll see lots of whites there as well. This particular canary is choking, in my view.

Canuck said...

That's a horrific story from UN about the LA police gangs. Truly 3rd World. In fact, just like Mexico. Now I wonder why that should be?

Anonymous said...

why are government bods still being bought up, and at nearly zero % at that

What else is there to do with dollars, if you're not going to speculate? There are few credit-worthy businesses; those that are don't need or want debt. The cities and states don't look good.

If the us gov defaults, everything else is gone anyways.

Franz said...

@ Anon 22:34

Who do you think has bought those bonds in the past two years? Hint: The Chinese stopped buying long ago and are now active sellers.

It was the Fed that bought the bonds. With "money" created out of thin air. And although the FED is not in every aspect a part of the US government, the arrangement whereby the treasury issues bonds and the FED buys them up can be likened to a man addicted to his own faeces, therefore connecting anus to mouth with rubber hose.

As concerns copper thieves, I always was and still am shocked by the damage these folks cause. In order to rip $1,000 worth of copper wire out of a house, you have to destroy $20,000 worth of paintwork, floor tiles and drywalls.

It is hard to come up with another criminal activity that causes such an amount of collateral damage relative to the small gain for the perpetrator.

Small wonder that it is mainly darkies and druggies that engage in it. The former never had the ability to act rational, the latter chemically removed it.

Anonymous said...

From St. Paul Minnesota - The State Capital.

http://peopleandcelebrity.com/users/2343/copper-wire-theft-is-st-pauls-fourth-in-a-month/

Copper wire theft is St. Paul’s fourth in a month
05.04.2011 · Posted in Uncategorized

Police аrе investigating a fourth case οf copper wire stolen frοm St. Paul streetlights іn recent weeks.
St. Paul Parks аnd Recreation reported tο police Monday thаt wire hаd bееn stolen frοm between six light poles, ѕаіd Brad Meyer, department spokesman. It happened over thе weekend near thе Highland Park Golf Course bу Montreal Avenue аnd Edgcumbe Road.
Thе access panels wеrе taken οff eight streetlights аnd 300 tο 400 feet οf copper wire wаѕ missing frοm six, Meyer ѕаіd. Hυrt wаѕ estimated аt $1,500.
Parks аnd Recreation hаѕ tοld scrap metal recycling companies іn thе area аbουt thе theft.
Thеу′re аlѕο working wіth Public Works tο look “аt mаkіng ѕοmе improvements tο thе access panels, tο mаkе thеm nearly impossible tο access without ѕοmе pretty heavy-duty equipment,” Meyer ѕаіd. “It’s a high priority due tο thе copper prices thаt mοѕt liable won’t gο down. In thеѕе scenarios, public аrе becoming a small more bold. ”
Thе last theft οf copper wire frοm St. Paul streetlights reported tο police occurred between April 1 аnd 27 аt Crosby Farm Regional Park, whеn thе area wаѕ clogged bесаυѕе οf flooding. An estimated 1,100 feet οf wire wаѕ taken frοm four lights аnd between thеm.
Between April 18 аnd 22, аbουt 2,800 feet οf wire wаѕ stolen frοm four streetlights bу Cherokee Heights Park, οn Cherokee Avenue аnd near King Street. In thе area οf West Seventh аnd Davern streets, wire wаѕ taken frοm аbουt a dozen streetlights between

Derek said...

During the coverage of the queen's visit I noticed a few cultural enrichers among the “republican protesters ” throwing fireworks at the Guards. Isn't great to see?

Tony VA said...

Franz - is that correct, that the Chinese have stopped buying US bonds? And yes, if the Fed are buying the bonds, I like your colorful analogy, it's just another way of printing money.

Anonymous said...

Ooops.

http://www.wvwnews.net/story.php?id=10078

"Israel: Black Jews Undergo Stringent Birth Control Measures"

Oops again ..

"Norwegian MP Fed Up With Labor's 'Mad' Demographic Experiements."

http://www.wvwnews.net/story.php?id=10077

Same site as above ...

Cheers,
UN

topper said...

I congratuate the Israelis for doing this. It's what should be done with blacks and other troublesome races everywhere. HOWEVER: I can just imagine if some 'western' country were proven to be doing the same thing!!! It would be 24 hour wall-to-wall coverage.

Anonymous said...

And just to lighten things up.

It appears that some dumbarse decided to shoplift a laptop from a Best Buy in Augusta, Georgia.

Chased by the employees, he ran from the shop -- slap into four US Marines collecting for Toys for Tots.

An altercation ensued when the dumbarse stabbed one of the Marines. I leave the rest to your imagination ...

http://tiny.cc/lmatk

Please read the attached news clipping which details the "Injuries he sustained when he slipped and fell off of the curb after stabbing the Marine."

Must've been a hell of a curb.

Cheers,
Uncle Nasty

Anonymous said...

I knew it immediately the first time I'd ever heard of Beta Israel.

Anonymous said...

UN you just made my day - bloody hilarious. Tyrone Jackson - one can only guess what shade of person would be called Tyrone.Of course that sort of information would not be published, but I think we all know what Tyrone is !!!!!

Anonymous said...

Anonny of 09:46 ... I must admit I was thinking of the character Tyrone Shoelaces from, I think, Cheech and Chong ...

Correct me if I got it wrong.

Cheers,
UN

Anonymous said...

While we're visiting the third world ... It appears the maid that old Whats-is-name is supposed to have rogered is an AIDS-riddled nignog.

Man, this whole thing has "Wag the Dog" all over it.

If it were up to me, I'd check to see if Barry Levinson has received any large government cheques, recently.

Ah, well. Roll on the circus.

Uncle Nasty

Hector said...

Check out The Economist to see their take on how a gaggle of pretentious French 'intellectuals' have come to the aid (AIDS) of DSK. Maybe they don't yet realize that the 'victim' is an African?

Anonymous said...

Pardon me for posting here, Savant, but because of the lack of a relevant thread, I takes me chances.

This is a about the so-called mad IMF jigaboo sodomiser.

The so-called revelations appearing in the various MSM's throughout the world are taking on a note of theatricality bordering on hysteria.

http://galliawatch.blogspot.com/

I'm just waiting for the video to appear of old What's-his-face laughing maniacally while he sodomises puppies and -- somehow, at the same time -- grills newborn infants over a charcoal fire while wearing a Waffen SS uniform and latex garter belts.

Or maybe that's the other way round -- the grilled infants and puppies wearing the garter belts.

Oh, and watching kiddie porn on the Klu Klux Klan channel. With a portrait of Sarah Palin, in the middle-ground, blowing Adolf Hitler ... hanging right next to the whips and chains.

The media firestorm (or, more accurately shitstorm) that we are being subjected to is even more hysterical than the aftermath of the Murrah bombing, and that is saying something.

One part of me, of course, can't help but rub its hands and say:- "What goes around, Yehudi ..."

But the other part says:- "What are these arseholes trying to pull, now? What are they trying to hide?"

I'm conflicted.

Uncle Nasty

Anonymous said...

This may seem off-topic, but as the US becomes more third-world, may as well throw it in ...

http://tiny.cc/1bd7x

New judge orders FBI to release Oklahoma City Bombing evidence.

Seriously, how far do you think this is going to get?

Oh, and while we're visiting the third world ...

http://cofcc.org/2011/05/straight-a-student-punished-for-reporting-sex-on-school-bus/

and ...

http://cofcc.org/2011/05/the-unfirable-black-female-public-employee/

aaand, just for fun ...

http://cofcc.org/2011/05/extremist-laywer-sues-county-over-lack-of-minority-elected-officials/

Read and weep.

Uncle Nasty

Anonymous said...

There seems to be an almost unquestioned assumption everywhere that the DSK thing is a plot by someone or other. Why can't it be just what it appears to be?

Anonymous said...

Anonymous said...

There seems to be an almost unquestioned assumption everywhere that the DSK thing is a plot by someone or other. Why can't it be just what it appears to be?

Someone ... I don't remember who said something to the effect that in politics, there are no accidents.

I firmly believe that by the same token, anything in the media that seems too good to be true --- usually is.

There are big red flags popping up all over this thing. Read the reports, and every time you see something that leads you to say:- "Hm."

That is your bullshit detector tugging your sleeve.

Cheers,
UN

Corkonian said...

'Someone ... I don't remember who said something to the effect that in politics, there are no accidents.'

Uncle Nasty, this statement is quite simply not correct. The problem is that too many things happen by accident or miscalculation, as history shows all too clearly.

Piet said...

Great links UN. I find it amazing that the coon driver was actually fired, despite a 420 rap sheet.

And that legal huckster looking for fair representation for minorities? Like to see the 'fair ratio' of Jews being elected. This kind of thing is just a way to get goy males out of the loop.

Anonymous said...

That is your bullshit detector tugging your sleeve.

Nobody at his level is arrested for the public reasons they are arrested.

He either lost a protector or pissed off the wrong muckety-muck, so they arrested him for this, which he has certainly done before and which they already knew he was doing.

Anonymous said...

The problem is that too many things happen by accident or miscalculation, as history shows all too clearly.

Refresh my memory on the accidental arrests.

Anonymous said...

Corkonian said...

'Someone ... I don't remember who said something to the effect that in politics, there are no accidents.'

Uncle Nasty, this statement is quite simply not correct. The problem is that too many things happen by accident or miscalculation, as history shows all too clearly.


Okay I see your point, so I will phrase mine more carefully.

When a political decision is made or a law is passed that seems to make no sense whatever ... you can bet your sweet little botty that it will be to your detriment and to the advantage of the thug who advocated or proposed it. This is where there are no "accidents."

However when things fall horribly to pieces, with the infamous unintended consequences for everyone is when the accidents occur. And this happens because the average politician or law proposer is fundamentally dumber than soup.

Now I see people saying:- "If these characters ar so dumb, how come they're at the top and we're at the bottom?"

And my answer to that is that the pols do not quite run the show as they think they do.

What really runs the show is the structure of the bureaucracy which has had generations ... centuries to hone its act.

Think about it. If the First Jig strutted into the Oval Office and shouted "Where's ma cawfee?" and everyone ignored him ... what would he do? Lay about him with a nine iron? Hit someone with a teleprompter?

You've seen the pairs of marines, everywhere. Any single one of them could break him like a breadstick.

You've seen the photos of the skinny little prick on his girly bike with his little helmet and his widdle white socks. My baby sister could take him out in a fight.

You'd get more fight and real authority out of the First Ho. She's closer to the street than he is.

Okay, I ramble, but you get my point. It's not the First Dipshit you worry about. It's the system that put him there ... and keeps him there.

That is what must go.

Cheers,
Uncle Nasty

Anonymous said...

I saw a picture once of some negroid in South Africa who got electrocuted while trying to steal copper wire. It blew off and fried to a crisp his arm AND his penis.

Anonymous said...

http://www.youtube.com/watch?v=1FlGBgp7_m8

http://www.youtube.com/watch?v=glrh2JrtFOU&feature=related

Happy Africa day people!

Clogheen said...

Yes, and earlier this month we (Ireland) just 'celebrated' Africa Day here.

joelgp said...

Uncle Nasty - Okay, I ramble, but you get my point. It's not the First Dipshit you worry about. It's the system that put him there ... and keeps him there.

Any comments on BHO's 'attack' on Israel? Seems to contradict what you're saying?

Jeremy said...

I read them all Unlce Nasty, and duly wept. I'm not as pessimistic about the Oklahoma bombing as you are tho'

Anonymous said...

joelgp said...

Any comments on BHO's 'attack' on Israel? Seems to contradict what you're saying?

I believe that BHO, like every US president back to Hoover is a construct.

Hell, some people would say back to Lincoln.

Obama says and does what he is told to say and do. Do you really think he is where he is because of raw talent?

Cheers,
UN

Anonymous said...

joelgp said...

Any comments on BHO's 'attack' on Israel? Seems to contradict what you're saying?

You will have noticed by now that Obama's "attack" has been reversed.

http://www.amnation.com/vfr/

His leash was yanked.

Cheers,
UN

Anonymous said...

Just to try and inject a little sanity, go here.

http://the-classic-liberal.com/

and scroll to:-

The U.S. Debt Ceiling Crisis

As you're all aware (or should be) by now, the U.S. government has officially hit their $14.294 trillion debt ceiling.

The Treasury Department will stop issuing and reinvesting government securities in some government pension plans, so they will have cash on hand until August 2. Because neither the 'R' nor 'D' party has even the slightest intention to stop any spending whatsoever ... the U.S. government will begin defaulting on payments due at that time.


Check out the chart, then pop along to here:-

http://lewrockwell.com/rep2/what-does-trillion-dollars-look-like.html

This is what a trillion dollars looks like. The US govt. has obviously relocated to Planet Crazy.

Cheers,
UN

Anonymous said...

Oooh. We're fucked now, O Lord.

Imagine diversity unleashed on America's missile defense system?

http://www.mda.mil/careers/director_message.html

Your worst nightmares have come true.

Armageddon outta here.

Cheers,
Uncle Nasty

Anonymous said...

Oh, and another one ...

http://www.youtube.com/watch?v=6TG0vdzrmt4

Where Netanyahu says (among other things:-

“I know what America is. America is something that can easily be moved. Moved to the right direction.”

— Israel’s Prime Minister, Benjamin “Bibi” Netanyahu, caught on video while talking privately with a Jewish family living on Palestinian land.

No more yanking of the leash ... just a gentle tug or two.

Cheers,
UN

Anonymous said...

And Bibi is SOOOO right, Uncle!

Anonymous said...

Was it here or elsewhere I read that the State Department got rid of the foreign language requirement for diplomats to encourage African participation because no one spoke the pure poetry of Africa and then they found that the diplomatic corps sucked?

"Wherebi crips at? Take dat muthafukkka" Punch in the code KA-BOOM

Anonymous said...

When I traveled Europe in the seventies, I met some really great people, among whom were a pair of Canadian girls.

One of their more endearing expressions was, if you'll excuse an attempt to reproduce the Canuck accent, "Ah nearly pooped mah drawers ..." This was a sort of catch-all phrase to describe pretty much everything, from terror, to fury, to hysterical laughter, to amazement. You name it.

Well, read this:-

http://tiny.cc/hqchx

In which is told the story of the state of Utah, soon to be followed by Minnesota who are going back to gold and silver as an alternative currency.

Utah legislators want to see the dollar regain its former glory, back to the days when one could literally bank on it being “as good as gold.”

To make that point, they’ve turned it around, and made gold as good as cash. Utah became the first state in the country this month to legalize gold and silver coins as currency. The law also will exempt the sale of the coins from state capital gains taxes.

Craig Franco hopes to cash in on it with his Utah Gold and Silver Depository, and he thinks others will soon follow.

The idea is simple: Store your gold and silver coins in a vault, and Franco issues a debit-like card to make purchases backed by your holdings.


Well, whattaya know. The return of the private bank. Something America has not seen since 1913. Now there's something that might just make the IMF, Bernanke-Panke and the Federal Reserve ...

"... Poop their drawers."

This may herald a resumption of the hostilities of 1865. Any bets that the Feds will try and invade Utah?

Cheers,
Uncle Nasty

Anonymous said...

While we're talking of street theatre, did anyone watch the slapdown of Chairman Zero by the Hoffjude?

Surely even the loony left felt a chill draft from the swing of that gauntlet?

Cheers,
UN

jeremy said...

UN - there's also been a big move to smaller more local banks in the US. This is the ONLY practical way, IMHO, that these parasites can be beaten.

Hamed Lone said...

UNcle Nasty re Chairman Zero and the Hoffjude?

Makes no difference. All depends on how its presented. And in this case its shown as disloyal President has had a pang of conscience and reiterated his support for 'America's staunchest ally'

Tony said...

I'd agree with Hamed Lone. It's viewed here pretty much as he described it. That's their genius. You don't realize when they're fucking you!

Anonymous said...

This is interesting ... I think.

http://tiny.cc/opkvd

Will the U.S. default? Is it really possible?

Not being by any means a financial person, I feel that anyone who can explain our current situation in terms that even I can grasp, must be a good thing.

Having read the accompanying link, I am now not so sure, as it explained the situation with such clarity, that it's enough to give anyone a heart attack.

All right, it is an American article, concentrating on the American economy, but we'd be foolish in the extreme to think that the rest of the west will be unaffected.

Someone once said something like when the the US economy sneezes, everyone else catches the cold.

What happens when the US economy contracts the Bubonic Plague?

I have always wanted write a post-apocalyptic novel, and it looks as though now is a good time to start.

I just hope to God that there's someone left to read it.

Cheers,
Uncle Nasty

Anonymous said...

Hamed Lone said...

UNcle Nasty re Chairman Zero and the Hoffjude?

Makes no difference. All depends on how its presented. And in this case its shown as disloyal President has had a pang of conscience and reiterated his support for 'America's staunchest ally'

Fascinating. Didn't the Hildabeast describe Pakistan as one of America's "Staunchest Allies?"

As the old saying goes: "With friends like these ..."

Cheers,
Uncle Nasty

white fang said...

This is a great link (UN) about the US economy. Be assured, almost everywhere else will suffer if/when the US goes down. The only thing is that in the resultant mayhem the lamp posts will be festooned with the guilty.

Croesus said...

@UN: Re the dommsday scenario link, I think there's a fundamental flaw in their thinking. Viz, it's MAD all over again. If the Chinese etc. dump their dollar holidngs they'll collapse the dollar, which in turn will collapse the value of the trillions of dollar holdings that they already have. I have no idea how it will all pan out but there is this mutually assured destruction element in there.

Anonymous said...

Now here's something for those who suspect we are not being told everything.
In some respects we are not being told anything at all.

Irish debt bad. Oooooh.
Greek debt even badder. More oooooh.
Spanish debt frightening. Lots and lots of Ooooh.

So ... what do we have here? Italian debt, which goes into the megaOooooh category.

http://hat4uk.wordpress.com/

With Italy finally on the debt radar, almost every EU bank becomes dodgy.

For a long time now, The Slog has argued that Italy is doing a magnificent job of remaining low-profile in the debtor nation stakes.

The simple fact is this: EU bank exposure to Italian debt dwarfs not just Greece and Ireland – but also Spain. And as Spain has been billed as the most likely Bankfurt-breaker thus far, my Jewish accountant Maurie’s immortal analysis from 1982 applies: “John, now you should worry”.

Consider this: the top 91 banks have €100bn of Italian debt in their trading books. This is quadruple the trading holdings of Spanish debt, and 22 times holdings of Irish debt. Indeed, Italian debt is held in the trading books of Europe’s banks more than any other European sovereign – even German-issued debt totals just $70bn. Italian banks Intesa and Unicredit carry the greatest trading exposure to Italy, as one would expect. After that come Deutsche Bank and Credit Agricole, each with about €10bn.


Interesting, no?

Cheers,
UN

Croesus said...

There are many inn the financial world who believe that Italy 'did a Greece' in that they've also issued bogus figures. Nobody wants to draw attention to it because it'd bring the whole system down. Interesting times indeed.

Anonymous said...

Forgive the off-topic post Savant, But I feel this is important.

It could be the Ruby Ridge or Waco of the new millennium.

http://the-classic-liberal.com/jose-guerena-murdered-swat/

After he survived two combat tours in Iraq, 26-year old former U.S. Marine, Jose Guerena, was slaughtered in his own home ... by the regime he fought to protect.

On May 5, five armed thugs invaded Guerena's home, firing at least 71 shots in the first 7 seconds of the break-in, resulting in Jose being shot 60 times in front of his unarmed wife and their 4-year old son.

When his wife, Vanessa Guerena, saw that Jose was still breathing, she called 911 and pleaded with the armed intruders to provide him medical attention. But Pima County's Regional SWAT team refused, then held off the paramedics for over an hour to boot ... That is, held them off until Jose Guerena was dead. After all, dead men tell no tales.


Now here's where things become a little Ruby Ridgish ...

"I went into the closet and I wasn't even closing the door when I heard the (motions with hands). They never announced themselves, if they did it would have been different," said Guerena.

A neighbor corroborates Vanessa's story.

A neighbor who heard the shooting corroborates the wife's account, "The only sirens I heard out here were like maybe 20-30 minutes into the entire ordeal," said David Watson.

Watson is very familiar with gunfire and stressful situations; he's a Vietnam combat veteran, "I want to make this as clear as possible: you only heard the announcements after you heard the gunfire?" asked KGUN9 reporter Joel Waldman. Watson quickly answered, "Yes!"


Sheriff Clarence Dupnik's Department is now busy trying to slander the victim and cover his SWAT team's union-protected behinds. Yes, that Sheriff Dupnik.

http://tiny.cc/y8qde

If this does not get swallowed in a morass of similar incidents (not impossible), it could become a rallying point.

Cheers,
Uncle Nasty

nemesis said...

A frightening case, Uncle Nasty. I think we need to learn a bit more though before totally assuming all the wrong is on one side.

Anonymous said...

nemesis said...

A frightening case, Uncle Nasty. I think we need to learn a bit more though before totally assuming all the wrong is on one side.

Indeed so, nemesis. But a confirmed 60 rounds into one person? Not what I call the mark of a trained and professional team. More like a bunch of frightened, murderous children with grown-up toys.

Cheers,
UN

Anonymous said...

Further to Ruby Ridge II

http://stju.blogspot.com/

In which it is pointed out ... among other things:-

Mike Storie, the police union lawyer ... said this during his May 19 press conference in an attempt to assign all of the blame for Jose’s death on the victim and his terrorized wife.

As reported by the Arizona Star, Storie insisted that if the Guerena family had permitted the armed intruders into their home, those inside “probably … wouldn’t have been arrested." This is because the "warrant was not directed at any particular person, and Guerena’s home was not mentioned, but it was targeting whoever might be inside the residence...."

That is to say that this was not a legitimate search warrant, under the requirements imposed by the Fourth Amendment (and expressly incorporated in Arizona law through the state constitution).


Also:-

The SWAT operators "had no choice but to shoot" Storie insisted. After all, Guerena was armed with an AR-15, and several officers "did report that they saw a muzzle flash from the shooter" -- which means that their lives were in danger.

Well, actually, they didn't see a muzzle flash, since -- as the Sheriff's Office has admitted -- Guerena never removed the safety from his rifle. ... the SWAT team "know that [the] walls [of the Guerena home] are stucco ... if this man starts shooting his rounds, every neighbor in the vicinity is in danger, including possible innocent residents that are in the residence itself."

So we're told that waiting even a few seconds before opening fire was too risky; the only safe choice was for the SWAT team to unleash a 71-round barrage, since, as everyone knows, high-velocity rounds fired by sanctified personages in police uniforms possess a magical property that prevents them from endangering innocent people.


and ...

Within seconds of violating the Guerena home, the invaders had perforated Jose’s body with at least 60 gunshots. While Jose bled to death, his killers refused to allow paramedics to treat him. During that period the SWAT team actually inserted a remote-controlled robot -- another pricey toy provided by the Pentagon's LESO program -- to clear the house. While Jose was dying on the floor, the SWAT team found "everything they [thought] they’re going to find in there," Storie insisted.

What, exactly, were they looking for, and what did they find? After scraping away the layers of dissimulation applied by Storie, we arrive at this answer: They were looking for nothing in particular, and that's exactly what they found.,


It's getting very smelly.

Cheers,
Uncle Nasty

Anonymous said...

Elk Ridge

Is it true they cannot be prosecuted for anything if they were on Federal business?

Tony in Va. said...

Is it true they cannot be prosecuted for anything if they were on Federal business?

No, but it sure seems like it.

Anonymous said...

Never being a person who leaves bad enough alone and, regarding the legal murder above, I give you this.

http://lewrockwell.com/whitehead/whitehead31.1.html

In early America, citizens were considered equals with law enforcement officials. Authorities were rarely permitted to enter one’s home without permission or in a deceitful manner. And it was not uncommon for police officers to be held personally liable for trespass when they wrongfully invaded a citizen’s home. Unlike today, early Americans could resist arrest when a police officer tried to restrain them without proper justification or a warrant – which the police had to allow citizens to read before arresting them.

Twenty short years ago, I would have been delighted to visit the United States. It was a burning ambition.

Now? Not so sure.

Damn it, America. Take it back while you can.

History has, I think, proven Churchill a charlatan from the moment he took the jew's shilling. But even then:-

" ... Still, if you will not fight for the right when you can easily win without bloodshed; if you will not fight when your victory will be sure and not too costly; you may come to the moment when you will have to fight with all the odds against you and only a precarious chance of survival.
There may even be a worse case. You may have to fight when there is no hope of victory, because it is better to perish than live as slaves."


He got some things right.

Cheers,
UN

PS ... Read the damn Covington books!!

Anonymous said...

The US has two distinct populations. Americans and American'ts

Anonymous said...

Talk about life imitating Minder. A couple of weeks ago I was reminded of Scotch Harry, who landed in hospital done up like the Invisible Man after a botched safe-blowing.

That was in relation to the bandaged chancer pretending to be the heir to Downton Abbey, who lasted half an episode before vanishing without trace.

Now there’s another incarnation of the world’s most inept criminal. A thief is in a critical condition with severe burns he suffered while trying to steal metal from an electricity sub-station in Oldbury, West Midlands. Good.

Read more: Littlejohn

Yup! Someone decided to steal copper wire as used to transport electricty and guessed that there would be a lot of it at a sub-station.

Network Rail reports there are up to eight attempted thefts of metals from railway lines every single day. So far, these thefts have caused 240,000 minutes of delays. The Stansted Express had to shut down after thieves half-inched overhead power lines.

In West London, crooks are even stealing manhole covers.


Mohamed Bouzalim entered Britain illegally ten years ago. Although Moroccan, he pretended to be an Afghan fleeing the Taliban because he thought it would help him obtain asylum.


Labour peer Baroness Uddin is being allowed to return to the House of Lords, even though she has not repaid the £125,000 she swindled out of taxpayers through bogus expenses claims.

Never mind her 18-month suspension from the Lords, she should have spent the past 18 months behind bars.

Welcome to Third World Britain and it is getting third worldier by the day!

rebel said...

Amazing that actual British MP's go to jail for swindling taxes but this cow goes completely free.