Today's Top Voted Stories

May 22 14:13

Ron Paul takes Republican Party of Minnesota by storm

A victory for Ron Paul in Minnesota. The Texas congressman managed to sweep up 12 of the 13 delegates at the Republican Party Convention. Many have doubted Paul would come close to getting the GOP nomination, but only he and Mitt Romney are left standing. So can Ron Paul keep up his momentum? Austin Petersen, director of production for Freedom Works, joins us with more on Paul’s latest victory.

May 22 14:54

Bilderberg 2012 List Of Participants Revealed?

Here is a list of Bilderberg Participants 2012 floating around on the web. I was unable to trace back the source to this list, so I have no idea if it is accurate.

What stands out from this particular list is a plethora of Obama administration officials and American business kingpins. Also a formidable delegation from Spain, Italy and- significantly: Turkey (as a non-EU member Turkey is doing stunningly well. Is Bilderberg trying to sweet talk the Turks into joining?).

Another curious lapse seems to be the absence of David Rockefeller’s name on the list- a lapse you wouldn’t expect in a fake list.

May 22 14:59

G20 Stormtroopers and Commanders Charged in Toronto

It appears that justice may be served in Toronto after all – even 2 years later. An investigation of the G20 in Toronto is expected to produce charges against a “handful” of senior police commanders.

An excerpt from the article posted on CBC/Radio-Canada on May 17th reads;

“A handful of senior Toronto police commanders are expected to be charged in coming weeks for a variety of misconduct offences over their leadership at the G20 summit in June 2010, CBC News has learned.

The charges are in addition to 28 front-line officers slated to have disciplinary hearings for a range of misconduct offences, including unlawful arrests and use of excessive or unnecessary force against prisoners.

May 22 15:12

Karen Kwiatkowski Winning so far

We've got three weeks until June 12th. Our grassroots campaign is all over the place, the 6th District GOP leadership and membership is trending for constitutional conservatives, Bob Goodlatte is concerned and he continues to assume a political fetal position. If the GOP congressional nominee had been decided at the 6th District GOP convention on May 5th, I'd have won that vote two to one. It's actually kind of scary! At least for Bob.

May 22 15:26

Conflict of Interest: Dimon is CEO of JPMorgan and Fed Board Member

JP Morgan Chase CEO Jamie Dimon is a Federal Reserve board member which has given Wall Street banks $16 Trillion in secret bailouts while paying the banks not to lend money.

May 22 15:27

Senior Senator Warns CISPA Will Create A Cyber Industrial Complex

A senior US lawmaker with 30 years experience in Congress came out hard against CISPA this week, attacking the legislation’s creators for drafting a bill that erodes Internet privacy for Americans.

Meanwhile, the White House Cyber Security Czar has been forced to step down after bashing out at the over-hyping of cyber security threats who most recently bashed those who use the term “cyberwar,” saying there was no such thing and it was “a terrible concept.”

The Senator is also warning the Democrats version of the bill, named the Cyber Security Act, has the same defects as CISPA, which passed the house last month.

May 22 15:29

The cost of downloading: Supreme Court says $675,000 fine remains for sharing 30 songs

Tenenbaum was hit with a $675,000 fine — $22,500 per song — after the Recording Industry Association of America (RIAA) took him to court over copyright infringement in 2009 and won their case. Following that decision, Nancy Gertner of United States District Court in Boston shot down the jury-determined penalty and reduced it by 90 percent, but not without the RIAA appealing and winning once more, reinstating the original fine.

Webmaster's Commentary: 

In Massachusetts, the company Power Fasteners knowingly sold inadequate adhesives to the Big Dig project with the result that a concrete block fell from the ceiling of the Boston's Fort Point Channel Tunnel onto a commuter car, killing Milena Del Valle. Power Fasteners was convicted of involuntary manslaughter. The fine was $1000. So, according to the court system, a copied music file is worth 22 times the life of a human being.

May 22 15:52

In-depth analysis puts proper value of Facebook stock lower than $10 a share

In its three days of trading, Facebook's stock has dropped 18 percent from its $38 issue price. For the thousands of investors that bought at the IPO, that's bad enough, but one analysis of its earnings prospects suggests it could get a lot worse - more like $10 a share.

Setting aside the hype and the cultural phenomenon that is the online networking site, Facebook would be fairly priced at $9.59, according to the smattering of Wall Street estimates analyzed and modeled by Thomson Reuters StarMine.

Data from six brokerages modeled by StarMine forecast the company's estimated annualized earnings growth over the next 10 years at 10.8 percent. That's almost exactly the mean for the technology sector and far below the 24 percent growth rate implied by the current stock price.

May 22 15:53

Hedge Funder Who Bet $100 Million On The Facebook IPO Just Called And Boy Was He Furious

This source spoke to us because he is very angry about the Facebook IPO—particularly the way NASDAQ has handled it.

His allegations/claims/opinions:

NASDAQ knew its systems were broken before the Facebook IPO, and instead of aborting the offering and facing huge embarrassment, it went ahead. Traders then lost hundreds of millions of dollars as they tried to buy and sell Facebook stock without getting confirmation that their trades had been executed.

May 22 16:00

U.S. lets China bypass Wall Street for Treasury orders

China can now bypass Wall Street when buying U.S. government debt and go straight to the U.S. Treasury, in what is the Treasury’s first-ever direct relationship with a foreign government, according to documents viewed by Reuters.

The relationship means the People’s Bank of China buys U.S. debt using a different method than any other central bank in the world.

May 22 16:02

Cross-browser worm spreads via Facebook, security experts warn

Malware writers have used Crossrider, a cross-browser extension development framework, to build a click-fraud worm that spreads on Facebook, security researchers from antivirus firm Kaspersky Lab said on Monday.

Crossrider is a legitimate Javascript framework that implements a unified API (application programming interface) for building Mozilla Firefox, Google Chrome and Internet Explorer extensions.

May 22 16:22

Drouin Case -- Wells Fargo, Sand Canyon and Option One Lose Motion to Dismiss in NH Federal Court.


TUESDAY, MAY 22, 2012

KingCast and Mortgage Movies Video: Drouin Case -- Wells Fargo, Sand Canyon and Option One Lose Motion to Dismiss in NH Federal Court.

This case supports everything I've been arguing to the U.S. DOJ about my status as a journalist exempt from payment of FOIA fees as noted in yesterday's journal entry:
http://mortgagemovies.blogspot.com/2012/05/kingcastmortgage-movies-to-...

May 22 17:14

New Zealand smashes global child pornography ring

Investigators caught 55 people in 20 countries who were distributing child sexual abuse pictures and rescued 12 abused children, some of them babies, officials said.

New Zealand’s internal affairs department said some of the suspects apprehended in the investigation, codenamed Operation Laminar, were involved in abusing the children depicted in the images.

Webmaster's Commentary: 

Interesting that none of the suspects' names are given!

May 22 17:26

Inflation slows to 3% but quantitative easing is blamed for low growth

Inflation slowed to 3 per cent last month due to the timing of Easter and a drop in transport prices, but is likely to stay above its 2 per cent target, fuelling controversy over the Bank of England’s quantitative easing policy.

May 22 17:37

Keiser Report: Scatological Finance (E291)

In this episode, Max Keiser and co-host, Stacy Herbert, discuss naked short selling by Goldman Sachs and piling on JP Morgan all while being hounded by a Fox News helicopter. In the second half of the show Max talks to Francine McKenna of reTheAuditors.com about Jamie Dimon, London whales and MF Global.

May 22 17:38

Police 'sold information to private detectives'

An investigation has been launched into claims that a private detective firm paid thousands of pounds to serving police officers to provide information about their pursuit of a convicted Nigerian fraudster.

MPs were told yesterday that in a case of "apparent corruption right at the heart of New Scotland Yard" the detective agency Risc Management Ltd was employed by James Ibori to hand £20,000 to two detective constables at the Met and a former detective inspector for information about his case. Ibori was sentenced to 13 years in prison last month after pleading guilty to laundering millions of pounds in Britain.

May 22 18:18

Ancient 'cursing stone' found in Scotland

Scotland's first known example of a "cursing stone" associated with early Christianity, around 800 A.D., has been found in a graveyard, researchers say.

May 22 18:21

An Inconvenient Bilderberg Truth

Andrew Puhanic, Contributor
Activist Post

With the 2012 Bilderberg Group meeting fast approaching, the globalist-backed corporate media continues to ignore reporting on the leading events of the next Bilderberg Group meeting.

The corporate whore mainstream media (yes that’s exactly who they are and I don’t apologise for using such harsh language) has purposefully not made any mention of the upcoming Bilderberg Group meeting and has in fact deliberately begun a systematic attack on the alternative media and Bilderberg truthers for their efforts to report on the Bilderberg Group meeting and its agenda...

May 22 19:05

Smoke and Mirrors in Louisiana

On Saturday I promised an update into the complex world of Louisiana intra-party politics. You will remember that the national press proclaimed an upset win by Ron Paul in the first round of caucuses. But the GOP has worked to take that away.

Here is how events are unfolding.

May 22 19:59

Occupy and Expose Bilderberg 2012 – Bilderberg Particpants to Be Fully Exposed

As you may well be aware, The Intel Hub has been progressively stepping up and expanding our operations to bring you (the readers) amazing exclusive content including coverage of this years Bilderberg meeting in Chantilly Virginia, all provided as a service free to the public.

Some of the things you can expect at Bilderberg 2012 from theintelhub.com will be;

Live Streaming Footage (at both scheduled and on-the-fly intervals)
Live Video Interviews with members of the alternative media, demonstrators, and more
Real Time Updates & Articles on theintelhub.com
Frequent Release of YouTube Content (exclusive footage and interviews) before, during, and after the event

May 22 20:40

Roman Catholic church in the US launches legal assault on Barack Obama's health reforms

Dozens of the church's largest archdioceses, universities and other affiliated groups sued the Obama administration around the country this week, in one of the largest religious lawsuits in US history.

They argue that the US government is violating the religious freedom of bosses whose faith forbids them from using or approving of birth control.

Firms who do not comply with the law face large fines.

May 22 23:05

Piraeus bank sues Reuters over investigative report

One of Greece's biggest banks has filed a lawsuit against Reuters claiming 50 million euros in damages over a story that exposed a series of property deals between the bank and companies run by the family of its executive chairman.

Piraeus Bank has sued both the news agency, a unit of Thomson Reuters Corp, and the article's author, reporter Stephen Grey. The lawsuit accuses Reuters of malicious defamation and of wishing "to harm the entire Greek banking system."

The Reuters special report, headlined "A Greek banker's secret property deals" and published on Apr. 2, reported Piraeus had rented at least seven properties that were owned by a series of private investment companies directed among others by the wife and two children of the bank's executive chairman, Michalis Sallas, and financed by Piraeus bank loans.

The lawsuit says: "The bank never bought or leased any property, particularly illegal ones, from its chairman or his family."

May 22 23:06

Facebook's Zuckerberg, Thiel sell shares

Facebook Inc. FB -8.90% Chief Executive Mark Zuckerberg has sold 30.2 million shares and director Peter Thiel has sold 16.8 million shares of the social-networking company, according to securities filings published late Tuesday.

May 22 23:07

French ban of Monsanto GM maize rejected by EU

The EU's food safety body ruled there is 'no specific scientific evidence' that the insect-resistant strain is harmful to health or the environment

May 22 23:07

Egyptians vote in landmark poll

Egyptians are heading to the polls in their first free presidential election, 15 months after ousting Hosni Mubarak in the Arab Spring uprising.