Before It's News | People Powered News

The Bizarre Explanation For Why The U.S. Has Avoided Bombing ISIS Oil Wells

by Michael Snyder, The Economic Collapse Blog:

Why hasn’t the U.S. bombed the oil wells that ISIS controls into oblivion by now?  Would you believe that it is because the Obama administration “didn’t want to do environmental damage”?  Former Deputy Director of the CIA Michael Morell has publicly admitted that we have purposely avoided damaging the main source of income for ISIS, and his explanation for why we were doing this is utterly bizarre.  But at this point what could the Obama administration say that would actually make sense?  Everyone now knows that ISIS has been making hundreds of millions of dollars selling oil in Turkey, and that this has been done with the full knowledge and complicity of the Obama White House.  This is potentially the biggest scandal of the entire Obama presidency, and yet so far the Republicans have not jumped on it.

Read More…



Eric Sprott, Chairman of Sprott Inc joins SGTreport for a detailed analysis of the economic breakdown of the global economy, and the latest Black Friday gold and silver smash.

On the cartel manipulation of the metals: “I don’t when it ends, that’s the unanswered question that we all struggle with here, but we all know ultimately what’s going to happen… I think there’s a huge pay day here at the end of the line because we’re in a financial Ponzi scheme, and we know the end result of those things.”

Thanks for joining us.



Happy Thanksgiving. Andy Hoffman from Miles Franklin joins me to document the collapse as the global economic meltdown accelerates.

The U.S. Would Be Wise To Do The Same: RUSSIA BANS SOROS FOUNDATION As A “Threat To National Security And Constitutional Order”

Are the “globalization gloves” finally coming off?

from Zero Hedge:

Following Russia’s official retaliation to the Turkish downing of its jet a week ago, in which Putin issued an executive order limiting employment for Turkish workers, restricting Turkish organizations, and reducing the amount of bilateral trade with Ankara, perhaps a far more notable development took place earlier today when the Russian Prosecutor General’s Office issued a statement in which it recognized George Soros’s Open Society Institute and another affiliated organization as “undesirable groups”, banning Russian citizens and organizations from participation in any of their projects.

In a statement released on Monday, prosecutors said the activities of the Open Society Institute and the Open Society Institute Assistance Foundation were a threat to the foundations of Russia’s Constitutional order and national security. They added that the Justice Ministry would be duly informed about these conclusions and would add the two groups to Russia’s list of undesirable foreign organizations.

Read More

Gold is Low Because Velocity of Money at All Time Low – John Kaiser Interview

from CrushTheStreet:

Judge Just Made HUGE Decision In Case Against ‘Muslim-Free Zone’ Gun Shop Owner

from Western Journalism:

A U.S. district court has thrown out a lawsuit against a Florida gun store owner, Andy Hallinan, owner of Florida Gun Supply. The Council on American-Islamic Relations, or CAIR, brought the lawsuit against Hallinan for establishing a “Muslim-free Zone” at his gun store.

CAIR sued Hallinan alleging religious discrimination, claiming that Muslims were not allowed to purchase guns at Florida Gun Supply. The case was brought about when Hallinan used Youtube as a medium to announce that he would not arm terrorists who were intent on harming Americans. The YouTube video, where Hallinan makes his case.

Read More

Can You Handle the Ugly Truth?

by Bill Holter, JS Mineset:

It has been said “truth” is a funny concept. What is truth to one may not be to another because opinions vary from one person to another. “Truth” in this context consists of one’s opinion or point of view. By this definition truth can be altered, changed or even “made”. For example, the truth believed and espoused by MSNBC is far different than that of FOX News, both by the reporters themselves and by viewers. Real truth however cannot be “made”, massaged or opined as it is mathematical in origin and more an issue of black and white.

The global financial system has gone awry where economic truth must be masked and hidden to cover the reality. Somehow our central planners think if the people “believe” something …then it “is”. I am here to tell you, no it is not. A perfect example of something completely out of whack but melded into the new “normal” are negative interest rates throughout much of Europe. These negative interest rates are no longer for only short dated maturities. Rates are negative in some cases out past 7-10 years!

Read More

NASA-funded study: Over 32 advanced civilizations have collapsed before us, and we’re next in line

by J. D. Heyes, Natural News:

As any long-time reader of this column knows, we routinely draw from historical lessons to highlight that this time is not different. (Story by Simon Black, republished from

Throughout the 18th century, for example, France was the greatest superpower in Europe, if not the world.

But they became complacent, believing that they had some sort of ‘divine right’ to reign supreme, and that they could be as fiscally irresponsible as they liked.

The French government spent money like drunken sailors; they had substantial welfare programs, free hospitals, and grand monuments.

Read More

Chris Martenson on Black Friday, Syria and War Crimes: Peak Prosperity News Update

from ChrisMartensondotcom:

Saudi Arabia Imposing Own Plans of New Government on Syria

from Sputnik:

There are both government and opposition representatives on the list of figures for the new Syrian government proposed by Saudi Arabia, according to Randa Kassis, leader of the Movement for a Pluralistic Society.

Saudi Arabia is trying to impose on Syria its own plan for the transitional government, Randa Kassis, leader of the Movement for a Pluralistic Society, said Thursday.

According to her, currently there are four lists of potential candidates to the Syrian opposition delegation for talks with the Syrian government.

Read More…

Freak-Out Over Weird Armored Trucks Motorcade Stuffed with Cash In Argentina

from Wolf Street:

Residents of the city of Río Gallegos in the province of Santa Cruz, Argentina, witnessed a surprising sight yesterday afternoon when at least five bright yellow armored trucks accompanied by heavily armed police paraded through the city.

The trucks reportedly arrived empty to the local airport Piloto Fernández, where they were loaded up with an estimated AR$1.3 billion in cash. Three of the five trucks delivered their load to banks in the city of Río Gallegos, while the other two continued on likely to Tierra del Fuego further south.

Local news organization OPI Santa Cruz reported on the unusual activity, likely prompting an official response from the Bank of Santa Cruz stating that “the movement of the armored trucks observed in the past few hours in Bank of Santa Cruz branches in Río Gallegos corresponds to the normal operation of the Central Bank of the Republic of Argentina (BCRA) and the Regional Treasury.”

Read More

Supply Disruptions Already Happening in Mining Industry, Eric Sprott & Keith Neumeyer on PM’s – P2

from FutureMoneyTrends:

Sailing Into the Wind

from Zen Gardner:

Is anyone else having a hard time going through what often appears to be the same old news? Is it just me, or are we seeing a manifestation of a change of attitude and consciousness in lieu of this incessant and increasing barrage of repetitive memes?

An interesting question.

This does seem to happen to myself periodically but it continues to take on an almost sneaky, changing nature. While I get weary of it at times, on the other hand the vibrations of this massive awakening continue to arouse and inspire which brings everything into play with renewed interest and passion.

Read More…

Ronald-Peter Stöferle: Monetary Tectonics and The Austrian School of Economics

from Palisade Radio:

First there is monetary inflation, then there is asset price inflation, and the final stage will be consumer price inflation. That is according to Ronni Stöferle, publisher of the In Gold We Trust Report and author of the new book, Austrian School of Investors.

NATO Will Stop At Nothing To Support Their Proxy Army!

from Spiro:

Two Turkish generals and a colonel were detained on Saturday for intercepting Syria-bound trucks that belonged to Turkey’s National Intelligence Organization (MIT) Filled with weapons ammo equipment on its way to isis

Ken O’Keefe: “My voyage from US marine Gulf War veteran to human rights activist”

from OpenmindconferenceDK:

Open Mind Conference 2015. Ken O’Keefe’s original marine conservation work has been somewhat overshadowed by his non-violent, but fully confrontational work for human rights. He is an ex-US marine and Gulf War Veteran, who formally renounced his US citizenship in 2001.

The Last Thing the Elite Want is Gold Going Up, Eric Sprott & Keith Neumeyer on PM’s – P1

from FutureMoneyTrends:

Angela’s Commie Roots

from Rense:

Mrs Merkel who was 17-year-old Angela Kasner when the picture was taken in 1972, is shown in fatigues marching with a group of friends and an East German officer To learn more, click to visit the source, here.

‘ISIS Managed to Sell Oil to Turkey on Black Market at Less Than 50% of Global Prices on an Industrial Scale’ – Iraqi MP

from RT:

A member of the Iraqi Parliament, Dr Mowaffak al Rubaie, tells RT how ISIS manages to earn millions of dollars selling oil on the black market in Turkey and reveals that wounded terrorists are being treated in Turkish hospitals.