Gates of Vienna News Feed 12/9/2016

Dutch police in Rotterdam arrested a suspected terrorist today. When investigators searched his apartment, they found a loaded AK-47, a lot of powerful illegal fireworks, and the flag of the Islamic State.

In possibly unrelated news, a new report from the EU’s Counter-Terrorism Coordinator says that 1,500 to 1,750 jihad fighters have been sent to Europe by the Islamic State to carry out “specific missions”.

In other news, a woman named Moutia Elzahed who refused to stand for a judge in a New South Wales court will be the first person to face criminal charges under Australia’s new law that makes it a crime to disrespect a court.

To see the headlines and the articles, click “Continue reading” below.

Thanks to C. Cantoni, Caroline Glick, Dean, FW, Insubria, JD, Nick, Reader from Chicago, and all the other tipsters who sent these in.

Notice to tipsters: Please don’t submit extensive excerpts from articles that have been posted behind a subscription firewall, or are otherwise under copyright protection.

Caveat: Articles in the news feed are posted “as is”. Gates of Vienna cannot vouch for the authenticity or accuracy of the contents of any individual item posted here. We check each entry to make sure it is relatively interesting, not patently offensive, and at least superficially plausible. The link to the original is included with each item’s title. Further research and verification are left to the reader.

Financial Crisis
» “Downright Sinister”: The Real Motivation to Ban Cash Will Shock You
» Famous Retailer on ‘Brink of Catastrophe’
» In Unprecedented Move, Dallas Pension System Suspends Withdrawals
» Moving Backwards: Despite Claims of a Recovery, “Economy is in Reverse”
 
USA
» Black Lawyer: Free Anyone Charged With Murdering Whites
» Can Trump Stop the Jihad on U.S. Soil?
» Disgraced Ex-NBC ‘Fake News’ Journalist Brian Williams on Crusade Against False Reporting
» Former Reddit Employee is Building an Alternative Website Without Censorship
» Hillary’s Violent Operatives Unmasked on Video at Scene of the Crime
» Hillary on Capitol Hill: ‘Fake News’ Is a Danger to America and ‘Must be Addressed Quickly’
» Neocons Are the Swamp
» Orange Coast College Teacher Calls Trump Victory ‘Act of Terrorism’
» OSU Activists Complain Terrorist Was Wrongly Shot by Police
» The Mainstream Media is Asking for a Government Bailout Via Censorship
» Video of the Day — Congressman Calls Tucker Carlson a Russian Agent on Prime Time Television
 
Canada
» Teacher Fired for Having Wrong Opinion
» Time to Question Government-Subsidized Culture
 
Europe and the EU
» Accuser’s Lawyer Says That WikiLeaks Leader Julian Assange Will Face Rape Prosecution
» BMW Pulls Breitbart Ads Amid War Against Free Press
» Britain Will Cut Taxes and Take on the EU if it Tries to ‘Punish’ UK for Brexit, Suggests David Davis
» Dutch Police Arrest Terrorism Suspect With Loaded Kalashnikov
» EU Launches Youth Corps Which Will Travel Accross Europe to Spread ‘Solidarity’
» EU Report: ISIS Has Sent Up to 1,750 Terrorists to Europe
» Junqueras to Advance Pro-Independence Referendum Depending on Spanish Decisions Toward Catalonia
» Orban: Poles and Hungarians Are Joined by ‘Brotherhood of Blood’
» Prime Minister Candidate Wilders Guilty of Hate Speech, Dutch Court Rules
» Teenagers Arrested on Suspicion of Plotting ISIS Terror Attack in Germany
» The Spectacular Rise and Fall of Hollande’s Socialist Party
» UK: Police Hunt Asian Man Who Sexually Assaulted Schoolboy in Silver Van
» UK: Pro-Remain MPs Should Resign, Says Tory MP
 
Israel and the Palestinians
» Caroline Glick: Israel’s First Move With the Trump Administration
» Jimmy Carter Madness
 
Middle East
» Kids: Inside the Terror Factory
 
Caucasus
» Russian Killer Robot Guns Down ISIS Leader and 4 Others
 
South Asia
» Indonesia: West Java: Islamic Radicals Disrupt a Christian Christmas Celebration
 
Far East
» N. Korea ‘Capable of Attaching Nuclear Warheads to Missiles’
» Workers of Multinationals Pulling Out of China Go on Strike
 
Australia — Pacific
» Islamic State Recruiter’s Wife Moutia Elzahed May be First Charged Under Disrespectful Behaviour Laws
» Mohammad Kiad: Omar Al-Kutobi Sentenced to 20 Years’ Jail Over Foiled Terror Plot
» Sydney Man Ali Al-Talebi Found Guilty of Funding Islamic State
 
Immigration
» 80% of Migrants Reaching Italy Irregular
» California Democrat Vows to ‘Fight in the Streets’ Over Illegal Immigration
» DOJ: Hit-and-Run Illegal Deported 8 Times
» France’s Le Pen Pledges No Schooling, Benefits for Illegals
» Germany to Offer ‘Voluntary Return’ Incentives for Asylum Seekers
» Germany: Muslim Refugee Rapes, Murders Government Official’s Daughter
» Spain’s Ceuta Enclave Stormed by Migrants
» Thomas Friedman and Charlie Rose Versus the American People
 
Culture Wars
» Role of Education in America-Phobia
 

“Downright Sinister”: The Real Motivation to Ban Cash Will Shock You

As physical currency around the world is increasingly phased out, the era where “cash is king” seems to be coming to an end. Countries like India and South Korea have chosen to limit access to physical money by law, and others are beginning to test digital blockchains for their central banks.

The war on cash isn’t going to be waged overnight, and showdowns will continue in any country where citizens turn to alternatives like precious metals or decentralized cryptocurrencies. Although this transition may feel like a natural progression into the digital age, the real motivation to go cashless is downright sinister.

The unprecedented collusion between governments and central banks that occurred in 2008 led to bailouts, zero percent interest rates and quantitative easing on a scale never before seen in history. Those decisions, which were made under duress and in closed-door meetings, set the stage for this inevitable demise of paper money.

Sacrificing the stability of national currencies has been used as a way prop up failing private institutions around the globe. By kicking the can down the road yet another time, bureaucrats and bankers sealed the fate of the financial system as we know it.

A currency war has been declared, ensuring that the U.S. dollar, Euro, Yen and many other state currencies are linked in a suicide pact. Printing money and endlessly expanding debt are policies that will erode the underlying value of every dollar in people’s wallets, as well as digital funds in their bank accounts. This new war operates in the shadows of the public’s ignorance, slowly undermining social and economic stability through inflation and other consequences of central control. As the Federal Reserve leads the rest of the world’s central banks down the rabbit hole, the vortex it’s creating will affect everyone in the globalized economy.

Peter Schiff, president of Euro-Pacific Capital, has written several books on the state of the financial system. His focus is on the long-term consequences of years of government and central bank manipulation of fiat currencies:…

Some of the few hopes in this war against centralization are peer-to-peer technologies like Bitcoin and Ethereum. These innovative platforms have the potential to open up markets that circumvent state-controlled Ponzi schemes. The future development of crypto-assets has massive potential, but being co-opted is a real danger.

The greatest threat to individual freedom is financial dependence, and as long as your wealth is under someone else’s control, it can never be completely secure. Unfortunately, private blockchains are becoming increasingly popular, creating trojan horses for those just learning about the technology (in contrast, Bitcoin’s transaction ledger is public) . Without the decentralized aspect of a financial network, it is just a giant tracking database that can be easily compromised like any other.

[Comment: Banksters seeking to intentionaly crash the world economy; they then will present their “solution”. Classic elites strategy. Create the problem. Get the reaction. Present the “solution”.]

           — Hat tip: JD [Return to headlines]
 

Famous Retailer on ‘Brink of Catastrophe’

(AOL) Things aren’t looking good for Sears.

The company is shutting down dozens of Kmart stores this month and two of its highest-ranking executives left this week in the midst of the key holiday shopping season.

This comes following speculation among Sears and Kmart employees, suppliers, and several banks that the retailer will soon go bankrupt — something Sears has repeatedly dismissed.

           — Hat tip: JD [Return to headlines]
 

In Unprecedented Move, Dallas Pension System Suspends Withdrawals

Two days after the Mayor of Dallas, Mike Rawlings, filed a lawsuit against the Dallas Police and Fire Pension system to block withdrawals, which he referred to as a “run on the bank” of an “insolvent” pension system in “financial crisis, the Pension’s board has finally taken steps to halt further withdrawals. Of course, this delayed action has come only after $500 million in deposits have been withdrawn since just August.

According to the Dallas Daily News, an incremental $154mm in withdrawal requests were pending at the time the decision was made earlier today.

The Dallas Police and Fire Pension System’s Board of Trustees suspended lump-sum withdrawals from the pension fund Thursday, staving off a possible restraining order and stopping $154 million in withdrawal requests.

           — Hat tip: JD [Return to headlines]
 

Moving Backwards: Despite Claims of a Recovery, “Economy is in Reverse”

Obama Administration propaganda and media claims that a recovery is underway were carefully-coordinated lies

There just isn’t a lot of good news here.

The middle class is still struggling for something tangible, but things remain pretty frustrating for most people.

It could actually feel like things are going in reverse… and that each piece of economic interaction squeezes just a little bit harder.

via the Washington Examiner:

A new report on the economy finds that productivity growth is at a 50-year low and that much of the positive talk about the nation’s financial situation in the last election, much of it coming from the administration, was a lie.

The report from the U.S. Council on Competitiveness and Gallup finds that for many, the economy is in reverse despite claims that there is an active recovery ongoing, complete with new jobs.

The report makes clear that Obama Administration propaganda and media claims that a recovery is underway were carefully-coordinated lies… quite simply, there is no recovery and things are getting worse all the time for America’s swelling numbers of working poor:

           — Hat tip: JD [Return to headlines]
 

Black Lawyer: Free Anyone Charged With Murdering Whites

An editor of a top-rated legal website is calling on blacks to scare whites by automatically acquitting African-Americans accused of murdering or raping whites.

In a new wrinkle in the “black lives matter” movement, an editor of a top-rated legal website is calling on blacks to scare whites by automatically acquitting African-Americans accused of murdering or raping whites, no matter what the facts.

On Above The Law, African-American editor Elie Mystal called for “jury nullification” by blacks when on juries in trials that focus on white victims.

           — Hat tip: JD [Return to headlines]
 

Can Trump Stop the Jihad on U.S. Soil?

The author of “Stealth Invasion: Muslim Conquest Through Immigration and Resettlement Jihad,” talks to America’s Survival President Cliff Kincaid about President-elect Trump’s plan to stop the Islamic terrorism on American soil. Leo Hohmann is an investigative reporter with WND.com.

[Comment: A good first step is to make sure they cannot get into the country in the first place.]

           — Hat tip: JD [Return to headlines]
 

Disgraced Ex-NBC ‘Fake News’ Journalist Brian Williams on Crusade Against False Reporting

Journalist Brian Williams has become the latest person to slam ‘fake news,’ claiming it influenced the US election. But there’s some irony in his apparent defense of quality journalism, as he was let go from his NBC gig last year for… reporting fake news.

“Fake news played a role in this election and continues to find a wide audience,” Williams said on MSNBC on Wednesday night.

He went on to mention retired Army Lt. Gen. Mike Flynn — President-elect Donald Trump’s pick for national security adviser — for promoting links to fake news stories on his Twitter account.

Those “gems,” as Williams called them, included claims that Hillary Clinton was involved in a child sex ring and that US President Barack Obama laundered money from Muslim terrorists.

But they say those in glass houses should not throw stones — and when it comes to spreading fake news, there is no denying that Williams has done the same.

The former anchor of NBC Nightly News was suspended without pay in 2015, eventually losing his job, after admitting that he had lied about a story in which three Chinook helicopters came under fire in Iraq in 2003.

           — Hat tip: JD [Return to headlines]
 

Former Reddit Employee is Building an Alternative Website Without Censorship

Reddit was once a place that represented freedom on the internet, but after receiving $50 million in funding the website took a different direction and became tightly controlled and heavily censored.

CEO Ellen Pao oversaw the transition, and became infamous among Reddit users for enacting strict policies that limited the freedom of the website. Due to the controversy that she helped to create, Pao was forced to resign last week, a move that has been celebrated by thousands of Reddit users.

It is unsure whether or not Pao’s resignation will actually bring Reddit back to its former glory, but luckily there are already people working on alternatives that promise to create the experience that Reddit was originally designed to provide.

One alternative called Voat is actually already operational…

Voat is a censorship-free community platform based in Switzerland where content is submitted, organized, moderated and voted on (ranked) by the users.

Users can earn a percentage of our ad-revenue share for the content they submit.

Another interesting alternative is being developed by Ryan X. Charles, a former employee of Reddit who believes in free speech and was not happy with the direction that Reddit has taken in recent years.

           — Hat tip: JD [Return to headlines]
 

Hillary’s Violent Operatives Unmasked on Video at Scene of the Crime

Paid operatives committing violence at political rallies exposed

In this breaking video investigators dig deep to uncover the video and email evidence placing Hillary Clinton’s violent paid operatives at the scene of the crime exposed in the Project Veritas videos. What you are about to see is evidence to convict.

           — Hat tip: JD [Return to headlines]
 

Hillary on Capitol Hill: ‘Fake News’ Is a Danger to America and ‘Must be Addressed Quickly’

Boy, the political class is really going all in with this “fake news” business. Now Hillary herself has slithered out of her lair to demand that something be done — as if we needed another reason to be glad she isn’t about to become president:

           — Hat tip: JD [Return to headlines]
 

Neocons Are the Swamp

From GATT to NAFTA to TPP, these so-called free trade deals are nothing more than international loopholes that discriminate against the manufacturing jobs and labor class of individual countries in favor of the billionaire class that conducts business internationally.

America has lost millions of manufacturing jobs — and now even high tech jobs — due to these international “free trade” deals. There is nothing “free” about “free trade” deals. Quotas are often established for American exports but NOT for foreign imports. Taxes, duties, tariffs, etc., almost always favor foreign imports and punish U.S. exports. U.S. businesses are forced to take their companies overseas to compete. Entire factories close down, resulting in millions of misplaced U.S. workers. And that’s just the tip of the iceberg.

Following the implementation of NAFTA by Congress, our trade surpluses with partners Mexico and Canada quickly became trade deficits, soaring to nearly $200 billion. Over one million U.S. jobs were lost, and illegal immigration doubled almost immediately. Beyond that, U.S. workers who were somehow able to maintain their jobs watched their wages shrink. That’s right, shrink.

In Mexico, NAFTA has wreaked indescribable havoc. Already depressed wages plummeted. The availability of goods did NOT increase; it substantially DECREASED. While, guess what? Prices INCREASED. It was the passage of NAFTA in 1994 that started the avalanche of illegal immigration into the U.S. from Mexico.

We watched neocon Republicans collaborating with globalist Democrat President Barack Obama to pass the preliminary version of another giant “free trade” bill, called Trans-Pacific Partnership (TPP — nicknamed Obamatrade). Many people have rightly called TPP “NAFTA on steroids.”…

The great goal of globalists is to blur or even eliminate national borders. National borders, and the laws that protect them, are very burdensome to multinational traders. National borders restrict globalists in their pursuit of international wealth. Globalists envision a global economy — with a global government and global military in place to protect that global economy. Individual nationhood is an obstacle to that goal.

The EU is the quintessential prototype of the globalists’ dream of global government. Until individual states within the United States stopped it, neocon Republican President G.W. Bush collaborated with Canada’s Paul Martin and Mexico’s Vincente Fox to establish an EU-type regional government in North America. It was called the “Security and Prosperity Partnership of North America” (SPP). It was also called the “North American Community” and “North American Union.”

The goal of these so-called partnerships is to erase national borders and establish regional government over participating nations that exercise authority over the flow of goods and services — and immigrants — between countries. As an example, the current TPP passed by the Republican House and Senate and signed by Obama has copious rules that further circumvent America’s current immigration laws. Plus, the current invasion of illegal aliens from the Middle East into European countries is facilitated by the enactment of lax immigration policies established by the EU.

           — Hat tip: JD [Return to headlines]
 

Orange Coast College Teacher Calls Trump Victory ‘Act of Terrorism’

YouTube video, recorded secretly and anonymously, posted Tuesday shows a professor at a Costa Mesa, California community college regaling her captive classroom audience with radical opinions about the presidential election a month ago, which apparently didn’t go her way.

Orange Coast College psychology professor Olga Perez Stable Cox labeled Donald Trump’s victory “an act of terrorism” and seems to be suggesting that he is a “white supremacist” and Vice President-elect Mike Pence is “one of the most anti-gay humans in this country.” She tells her students that the difficult thing about the election loss is that the people who caused the “assault are among us,” as if Trump supporters are the enemy within.

She went on to talk about how relieved she is to live in progressive California, which is “one of the best states.” Then she mentions that she is going to discuss skills for “coping” with the election loss.

           — Hat tip: JD [Return to headlines]
 

OSU Activists Complain Terrorist Was Wrongly Shot by Police

Organizers of the protest said that Artan’s particular actions were irrelevant

The OSU Coalition for Black Liberation is a campus protest group on OSU’s main campus in Columbus. The group held a rally Wednesday to protest the death of young black men at the hands of police, and read off a list of non-white men who had been killed by police in the last two months. Among the names read off was that of Abdul Razak Ali Artan.

Artan, of course, is the man who attempted to kill his classmates last week by attacking them with his car and then going on a stabbing spree. He was gunned down by OSU policeman Alan Horujko, who arrived on the scene just minutes after the rampage began and swiftly neutralized Artan.

Organizers of the protest said that Artan’s particular actions were irrelevant.

[Comment: Brought to you by Soros.]

           — Hat tip: JD [Return to headlines]
 

The Mainstream Media is Asking for a Government Bailout Via Censorship

The current controversy is different. Many people in Washington are irate over Wikileaks — not because the email were untrue but because they proved what many had long suspected . . . that Washington is a highly corrupt place full of truly despicable people. For people who make their living on controlling media and information, it was akin to the barbarians breaching the walls of Rome. So the answer is to call for government regulation to combat what will be declared “fake” news or propaganda. It is only the latest effort to convince people to surrender their rights and actually embrace censorship.

– From Jonathan Turley’s: Washington Post Issues Correction To “Fake News” Story

Watching Hillary Clinton attack “fake news” and calling for legislative action against free speech she doesn’t like got me thinking. Why is she doing this? Yes, it’s obviously related to her notorious personality trait of never taking responsibility for anything and attaching herself to an invented controversy in order to deflect blame for her monumentally embarrassing loss to Donald Trump. But there’s more going on here. A lot more.

To set the stage, we need to examine the types of people who are most jumping on the “fake news” meme. What you’ll find is that it’s a who’s who of the most contemptible and corrupt people in America. As Glenn Greenwald so accurately noted in his piece published earlier today:

Those who most loudly denounce Fake News are typically those most aggressively disseminating it.

           — Hat tip: JD [Return to headlines]
 

Video of the Day — Congressman Calls Tucker Carlson a Russian Agent on Prime Time Television

Great job by Tucker Carlson getting Schiff to expose his true colors

This is a remarkable, must watch interview between Fox News’ Tucker Carlson and California Congressman Adam Schiff.

More than anything else, the primary takeaway is the completely clownish and pathetic manner in which Mr. Schiff represents himself and his office. The only reply he has to Carlson, which he uses on at least three occasions, is to blurt out “party of Reagan” in a childish attempt at guilting Tucker into a mutual embrace of neo-Cold War jingoism.

Great job by Tucker Carlson getting Schiff to expose his true colors. This is exactly how journalists should treat all political figures whenever they mislead and deceive, which most of them do 24/7.

           — Hat tip: JD [Return to headlines]
 

Teacher Fired for Having Wrong Opinion

(National Post) A teacher at a posh private school in British Columbia was fired last month after making an innocuous comment about abortion to his Grade 12 law class.

Though there is no way of knowing, since discipline matters are shrouded in secrecy, it may be the first time a Canadian teacher has been fired not amid allegations of impropriety, but for having the wrong opinion.

Certainly, Lori Foote, a spokesperson for the 60,000-member-strong Ontario Secondary School Teachers Federation, said Wednesday that no one at the association is “aware of anyone being fired” in Ontario in comparable circumstances.

The 44-year-old teacher, who has asked that he not be identified to protect what’s left of his career, was teaching “the criminal law unit, a lesson on vice, ethics, morality and the law” to his small class in the Vancouver-area school in late November.

           — Hat tip: JD [Return to headlines]
 

Time to Question Government-Subsidized Culture

At the time of her announcement, the Canadian Radio-television and Telecommunications Commission (CRTC) had just completed several weeks hearing from dozens of stakeholders as part of its review of basic telecommunications services. A recurring theme were concerns about the cost and accessibility of broadband internet, especially in remote parts of the country.

Predictably, the first reflex of most stakeholders when confronted with high prices was not to ask whether they could be driven down through, say, more competition, lower taxes or smarter regulation. Instead there was much talk about the possibility of imposing a brand new tax (pronounced: “revenue stream”) on one group of people in order to better subsidize services for another.

Fast forward to this fall, with Joly entertaining the possibility of a new internet service provider (ISP) tax as one possible way to generate cash for the “Canadian cultural community”.

In effect, the government spent weeks examining the challenges of expensive internet access-and then floated a proposal that would make the internet more expensive for everybody…

Consider that the Department of Canadian Heritage already has a budget of $1.4 billion. That doesn’t include the CBC. Or any of the federal museums. Or the National Film Board.

Even lesser-known bodies like the Canada Media Fund (CMF), an entity which 99 per cent of Canadians have likely never heard of, has an annual budget of $366 million-money all cribbed from taxpayers either directly (from a government subsidy) or indirectly (through the cable companies who pass on the costs to consumers). The CMF then turns around and hands this money back to the large cable companies (the CBC, Bell and Shaw are the three biggest recipients) to produce government-approved “Canadian content”.

           — Hat tip: JD [Return to headlines]
 

Accuser’s Lawyer Says That WikiLeaks Leader Julian Assange Will Face Rape Prosecution

WikiLeaks leader Julian Assange is still facing the threat of getting back to Sweden and being prosecuted for the accusations of rape. Since the accuser’s lawyer Elisabeth Massi Fritz keeps pushing the case and stated that he has a low credibility that she will prove once the prosecution starts.

           — Hat tip: Reader from Chicago [Return to headlines]
 

BMW Pulls Breitbart Ads Amid War Against Free Press

German companies blast Breitbart despite Germany falling to Muslim migrants

These German companies have joined the ranks of Kellogg’s and other multinational corporations attempting to eradicate anyone who questions the globalist narrative promoted by the mainstream media.

In response, Breitbart is interviewing European journalists for its upcoming field offices in France and Germany amid the exploding populist movements in Europe and increased interest in the popular conservative site.

It’s ironic how German companies are claiming Breitbart is a “hate site” for publishing articles showcasing the extinction of German culture as waves of Muslim migrants who won’t assimilate flood the country at the behest of Chancellor Angela Merkel.

But here’s the flaw in their argument: there’s a difference between race and culture. Just because many Germans — and Italians, Hungarians, and Swedes — want to protect their national identity doesn’t make them “white nationalists.”

It’s funny how the far left promotes multiculturalism yet claims people who defend their own cultures are “racists.”

“…What they want to do is suggest that if you’re proud of your country and the ideals on which your country is founded, that makes you a racist. It doesn’t,” Breitbart’s Milo Yiannopoulos told BBC’s James Cook in an interview.

           — Hat tip: JD [Return to headlines]
 

Britain Will Cut Taxes and Take on the EU if it Tries to ‘Punish’ UK for Brexit, Suggests David Davis

Britain is prepared to take on the European Union and compete for business by slashing taxes if France takes a “hostile” position during negotiations, David Davis has suggested.

In a meeting with the City of London Corporation, the Brexit Secretary floated the idea that the UK will switch an “alternative” negotiating strategy if the EU chooses to “punish” Britain.

[Comment: That is a great bargaining tool for the UK. Also, a UK with reduced taxes would drain capital away from the EU, quickening the EU’s demise.]

           — Hat tip: Reader from Chicago [Return to headlines]
 

Dutch Police Arrest Terrorism Suspect With Loaded Kalashnikov

Police acting on a tip-off from the Dutch intelligence agency arrested a 30-year-old “terrorist” suspect and seized an arsenal of weapons in the port city of Rotterdam on Friday afternoon, prosecutors said.

Detectives found a Kalashnikov AK-47 rifle, four boxes of illegal highly explosive fireworks, a large depiction of the Islamic State flag, several mobile phones and 1,600 euros in cash when they searched the suspect’s apartment.

           — Hat tip: Reader from Chicago [Return to headlines]
 

EU Launches Youth Corps Which Will Travel Accross Europe to Spread ‘Solidarity’

With youth unemployment in some EU member states running as high as 46.5 per cent, the Commission has drawn up a scheme for 18-30-year-olds whereby they can take up voluntary placements, supplemented by a grant, or occupational placements such as traineeships or apprenticeships in a range of sectors.

It hopes to enrol 100,000 within the corps by the end of 2020 with the aim of fostering solidarity between member states, by engaging them primarily to assist with tackling national crises…

That vision was realised on Wednesday with the launch of the corps with a recruitment drive outside the Commission’s headquarters in Brussels.

Surrounded by promotional baseball caps, T-shirts, and signing-on forms, in a tent outside headquarters, outgoing Vice President Kristalina Georgieva called it a chance to help “our young people do what you are best at — excite the rest of us about the unity of Europe”, Euractiv reported.

Volunteers will have their travel and insurance costs covered by a grant, as well as living expenses and “pocket money”, while those who find intern and apprentice roles will be paid a wage.

[Commment: Create the problem — unemployment. Get the reaction — public upset about economy. Propose the solution — youth corps. Build, brainwash the potential recruits of a near future creation of an EU army corps…ie, brainwashing the next generation to have patriotism for the EU instead of their respective nations.]

           — Hat tip: JD [Return to headlines]
 

EU Report: ISIS Has Sent Up to 1,750 Terrorists to Europe

A report to be delivered on December 9 by Gilles de Kerchove, the EU’s Counter-Terrorism Coordinator, says that between 1,500 and 1,750 Islamic fundamentalists who left Europe to fight alongside ISIS in Iraq and Syria in recent years have been sent back to Europe to carry out “specific missions.”

           — Hat tip: Reader from Chicago [Return to headlines]
 

Junqueras to Advance Pro-Independence Referendum Depending on Spanish Decisions Toward Catalonia

Barcelona (CNA).- Catalan Vice President and Minister for Economy and Tax Office, Oriol Junqueras warned that the date of the pro-independence referendum in Catalonia “will be determined” by the decisions made by Spain’s executive. “If the Spanish Government accelerates decisions against the Catalan institutions, we should find a solution somehow”, he stated this Friday in an interview with Catalunya Ràdio.

           — Hat tip: Reader from Chicago [Return to headlines]
 

Orban: Poles and Hungarians Are Joined by ‘Brotherhood of Blood’

Poles and Hungarians have been joined by a brotherhood of blood since the revolution of 1956, said Hungarian Prime Minister Viktor Orban in Kraków on Friday

           — Hat tip: Reader from Chicago [Return to headlines]
 

Prime Minister Candidate Wilders Guilty of Hate Speech, Dutch Court Rules

A Dutch court convicted populist lawmaker Geert Wilders — who is running to be prime minister — of hate speech Friday, at the end of a trial he branded a politically motivated “charade” that endangered freedom of speech.

Presiding Judge Hendrik Steenhuis said the court would not impose a sentence because the conviction was punishment enough for a democratically elected lawmaker. Prosecutors had asked judges to fine him $5,300.

The politically charged prosecution centered on comments Wilders made before and after the Dutch municipal elections in 2014. At one meeting in a Hague cafe, he asked supporters whether they wanted more or fewer Moroccans in the Netherlands. That sparked a chant of “Fewer! Fewer! Fewer!” — to which he replied, “we’ll take care of it.”

Prosecutors say that Wilders, who in 2011 was acquitted at another hate speech trial for his outspoken criticism of Islam, overstepped the limits of free speech by specifically targeting Moroccans.

On Friday, he was convicted for the interaction with the crowd of supporters in the Hague cafe, which judges said was carefully orchestrated and broadcast on national television. He was acquitted for similar comments he made in a radio interview a week earlier.

In a tweet, Wilders called the verdicts “madness” and said that he had been convicted by three judges who hated his Party for Freedom.

Wilders was not in court for the verdict that came just over three months before national elections. Wilders’ party is currently narrowly leading a nationwide poll of polls and has risen in popularity during the trial.

Even before the hearing, Wilders vowed not to let a conviction muzzle him.

“Whatever the verdict, I will continue to speak the truth about the Moroccan problem, and no judge, politician or terrorist will stop me,” he tweeted shortly before the verdict.

He had denied the charges and insisted he was performing his duty as a political leader by pointing out a problem in society.

Before declaring Wilders guilty, Steenhuis stressed that freedom of speech was not on trial as Wilders had claimed during the case.

“Freedom of speech is one of the foundations of our democratic society,” the judge said. But he added: “Freedom of speech can be limited, for example to protect the rights and freedoms of others, and that is what this case is about.”

           — Hat tip: Dean [Return to headlines]
 

Teenagers Arrested on Suspicion of Plotting ISIS Terror Attack in Germany

Police in Germany have arrested two teenagers for plotting an Islamic terrorist attack.

One of the suspects was seized in Aschaffenburg, Bavaria, the other in Mannheim in Baden-Wuerttemburg.

Aged 15 and 17, police say they were planning a bombing or shooting at a public building in Aschaffenburg.

           — Hat tip: Reader from Chicago [Return to headlines]
 

The Spectacular Rise and Fall of Hollande’s Socialist Party

As the Socialist Party scrambles to prepare itself for the 2017 elections just a week after President François Hollande said he would not seek another term, the party is finding itself in disarray and without a clear way forward.

           — Hat tip: Reader from Chicago [Return to headlines]
 

UK: Police Hunt Asian Man Who Sexually Assaulted Schoolboy in Silver Van

Police have released images of the van involved in the incident

Police want to speak to a “chubby” Asian man with terrible teeth in connection with the horrific incident.

The 16-year-old boy was offered a lift by the man after he had missed his train at 10pm on November 30.

The suspect, aged in his 40s or 50s, then locked the boy in the back of the van and subjected him to serious sexual assault.

The boy was picked up on Kent Street and driven near Claybrook Street in the Chinese Quarter of the city.

West Midlands Police have now released footage of the attacker’s silver van, which was carrying ladders on the roof, and have appealed for information…

           — Hat tip: Nick [Return to headlines]
 

UK: Pro-Remain MPs Should Resign, Says Tory MP

“The question put to the British people during the EU referendum could not have been simpler: in or out”

Pro-Remain MPs should resign their seats, according to Conservative MP for South Dorset, Richard Drax.

“Resignation is the only honourable path for those who cannot and will not accept the result of the referendum,” he wrote in a letter to the Daily Telegraph.

“The question put to the British people during the EU referendum could not have been simpler: in or out.

“Neither side in the argument attached any conditions. There were no ifs or buts.

           — Hat tip: JD [Return to headlines]
 

Caroline Glick: Israel’s First Move With the Trump Administration

Israeli officials are thrilled with the national security team that US President-elect Donald Trump is assembling. And they are right to be. The question now is how Israel should respond to the opportunity they present us with.

The one issue that brings together all of the top officials Trump has named so far to his national security team is Iran.

General John Kelly, whom Trump appointed Wednesday to serve as his secretary of homeland security warned about Iran’s infiltration of the US from Mexico and about Iran’s growing presence in Central and South America when he served as commander of the US’s Southern Command.

Gen. James Mattis, Trump’s pick to serve as Defense Secretary and Gen. Michael Flynn who he has tapped to serve as his national security advisor were both fired by outgoing President Barack Obama for their opposition to his nuclear diplomacy with Iran.

During his video address before the Saban Forum last weekend, Prime Minister Binyamin Netanyahu said that he looks forward to discussing Obama’s nuclear deal with the Iranian regime with Trump after his inauguration next month. Given that Netanyahu views Iran’s nuclear program — which the nuclear deal guaranteed would be operational in 14 years at most — as the most serious strategic threat facing Israel, it makes sense that he wishes to discuss the issue first.

But Netanyahu may be better advised to first address the conventional threat Iran poses to Israel, the US and the rest of the region in the aftermath of the nuclear deal…

           — Hat tip: Caroline Glick [Return to headlines]
 

Jimmy Carter Madness

For well over forty years former president Jimmy Carter has been on a mad man mission to assist in bringing harm to the sovereign nation of Israel. His latest effort was recently on full display in an editorial for the progressive New York Times rag. In that column, he publicly called for president Obama to divide the land of Israel. Despite the fact that those who call themselves Palestinians have no legal, just, or logical claim to even a speck of dust in Israel, Carter has been hankering to carve up Israel for her enemies for decades.

           — Hat tip: JD [Return to headlines]
 

Kids: Inside the Terror Factory

A New Clarion Project Feature Film

What does the life of a typical 5 year-old child look like?

Starting kindergarten, learning how to ride a bike, and learning to read.

But not all 5-year-olds have such a simple, happy life…

This is Isa Dare, a 5-year-old British boy. His mother, Grace, was radicalized at a British college and flew to ISIS territory in Syria, taking Isa with her.

ISIS is now using Isa as its ‘poster child.’ In February 2016, they released a video showing Isa standing next to an adult terrorist, who encourages him to press a button on a remote and blow up a car filled with ‘infidel spies.’

In a horrifying moment, Isa does what he’s told.

           — Hat tip: JD [Return to headlines]
 

Russian Killer Robot Guns Down ISIS Leader and 4 Others

A machine-gun-wielding Russian robot was sent in to “take out” an ISIS emir and four other militants in a raid this week designed to stop terrorist attacks in the Republic of Dagestan, according to Russian security services. A video showing the killer robot indicates that the mechanical shooter was maneuvered into position and received supporting fire from a special forces unit.

           — Hat tip: JD [Return to headlines]
 

Indonesia: West Java: Islamic Radicals Disrupt a Christian Christmas Celebration

The faithful of the Evangelical Reformed Church were gathered in a hall in Bandung, when dozens of people stormed interrupting the choir and dispersing the crowd: “You cannot celebrate in a place that is not a church.”

Jakarta (AsiaNews) — A large number of Protestant Christians gathered for a celebration ahead of Christmas, were stopped and dispersed by a group of Islamic radicals, who protested against the meeting and threatened them. The incident happened yesterday at Sabuga Hall in Bandung, capital of West Java province.

The faithful belong to the Evangelical Reformed Church and are followers of Stephen Tong Eng Tjong, an ethnic Chinese pastor, teacher and musician. The evangelical community belongs to the Messiah church in Jakarta, one of the largest places of worship in South-East Asia.

The Christians had gathered in the afternoon to listen to the pastor’s words and his “religious Strengthening” program (Kkr). In late afternoon, dozens of Muslims started to gather outside the hall. The radicals then entered the building, interrupting the choir that was singing on stage and dispersing the crowd with violence.

The thugs criticized the Christians for conducting religious activities in a place (the Sabuga Hall) not equipped for this use. They also dispute Stephen Tjong Eng Tong’s preaching, accusing him of working “miracles” and manipulating the crowds to convert them. Responding to accusations organizer Didi, Kkr, said the event could not be conducted in a church because the number of participants was too high.

According to a report of November 2015, the province of West Java is the worst in the country for religious intolerance.

Indonesia is the most populous Muslim nation in the world, and the Constitution guarantees personal freedoms (including that of worship). In recent months, however, they have been several outbreaks of intolerance.

On September 23, dozens of Islamic fundamentalists protested in front of a Protestant church in Makassar (South Sulawesi), contesting the building permits. On 12 September, a teacher and Catholic catechist was shot dead by unknown assailants in the Puncak Jaya district, Papua province. On 7 September a group of Islamic radicals interrupted the celebration of the Mass in a parish in Surakarta (Central Java).

           — Hat tip: C. Cantoni [Return to headlines]
 

N. Korea ‘Capable of Attaching Nuclear Warheads to Missiles’

(Sky News) North Korea is now capable of attaching nuclear warheads to missiles but has not mastered hitting a target, a senior US defence official has said.

Pyongyang has conducted a series of missile launches in the wake of its fourth nuclear test in January, despite international condemnation.

Experts have concluded North Korea is able to make nuclear warheads small enough to arm Scud missiles, but it is unclear if they can put weapons on larger rockets which travel further and can deploy warheads from space.

           — Hat tip: JD [Return to headlines]
 

Workers of Multinationals Pulling Out of China Go on Strike

Clashes with police and arrests in the Danone and Sony factories. Also problems with Coca Cola. The workers fear that the new masters (Chinese) will cut jobs, lower their wages, impoverish working conditions. Apple, McDonald’s, KFC and many other moving elsewhere because the cost of Chinese labor has grown and sales fall.

Guangzhou (AsiaNews) — Thousands of workers of multinational companies have been on strike since November, dissatisfied with the management’s decision to sell the facilities to local entrepreneurs. The most tense situations are those of Coca Cola, Danone and Sony. However Apple, McDonald’s and KFC are moving in the same direction.

The Coca Cola strike is still ongoing. The reason is that the US company has decided to sell the bottling plants to a local partner. There is the same problem for Danone, which wants to sell its Robust water in Guangzhou to a company in Shenzhen, the Win Holdings. Sony has also decided to sell its assembly plant in Guangdong to local entrepreneurs.

The China Labout Bulletin explains that the workers are concerned that the sale — of which they are often unaware — has some impact on their lives. The new owners often embark on restructuring, cutting jobs and lowering wages. And if the new owners are Chinese, working conditions become worse than in foreign companies. Songbo Liu, a professor on labor issues at Renmin University, says that employees fear that the new Chinese employers will be less generous and more demanding than the multinational corporations.

The strike at Sony ended a few weeks ago. But on November 14 the police clashed with thousands of workers, and there were many wounded. Eleven workers were arrested.

Sony has paid 1000 yuan to the workers to end the strike, but also fired dozens of workers, believed to be the leaders of the demonstrations. It all happened amid the silence of the official national union which, on the contrary, approved the outcome as “a victory”.

At Danone administrators refused to negotiate with the workers. After two weeks of strike action, police in riot gear entered the factory, injuring several workers. The company has laid off two of them.

Over the past five years, other large foreign groups have left China. Among them: the giant US electronics, Best Buy; British supermarket Tesco and Marks & Spencer. The reasons lie in the rising costs of Chinese labor and the economic slowdown in China.

Sometimes, the choice depends on the strong price competition from Chinese firms. After the efforts of Huawei, for example, Apple is only gradually beginning to see sales of its products. From last year to now, Apple’s profits from sales in China fell by at least 5%. In the last quarter it reported a 33% loss in sales.

           — Hat tip: C. Cantoni [Return to headlines]
 

Islamic State Recruiter’s Wife Moutia Elzahed May be First Charged Under Disrespectful Behaviour Laws

A Muslim woman who refused to stand for a judge is potentially facing criminal charges in New South Wales.

It is the first test of tough new legislation that makes it an offence to disrespect a court in the state.

NSW Attorney-General Gabrielle Upton has asked the state’s Solicitor-General to consider whether mother-of-two Moutia Elzahed should be charged with a summary offence under the new laws, which came into force in NSW in September.

The laws were brought in following several high-profile cases in NSW and Victoria, in which defendants refused to follow court conventions of standing as a judge enters the room and leaves the bench.

Ms Elzahed is the wife of convicted Islamic State recruiter Hamdi Alqudsi, who is serving a minimum six years’ jail time for arranging seven men to travel to Syria.

The family took civil action against the Commonwealth and NSW Governments for assault, false imprisonment and wrongful arrest following a high-profile terror raid in September 2014.

Ms Elzahed claims she was punched in the ear, eye and head during the raid in the early hours of September 18, 2014.

Her teenage sons Hamza George and Abdulla George also allege they were jostled violently during the raid, during which they were restrained and handcuffed in their bedrooms.

Police defended the claim, arguing reasonable force was used…

           — Hat tip: FW [Return to headlines]
 

Mohammad Kiad: Omar Al-Kutobi Sentenced to 20 Years’ Jail Over Foiled Terror Plot

Sydney men Omar Al-Kutobi and Mohammad Kiad have been sentenced to 20 years’ jail for preparing to commit a terrorist attack.

Al-Kutobi, 25, and Kiad, 27, intended to target a Shiite prayer hall in February last year, but that plan was abandoned in favour of a plot to attack someone with either a knife or machete.

They will both spend a minimum of 15 years behind bars.

In sentencing, Supreme Court Judge Peter Garling said there was enough evidence to suggest the men were on the cusp of carrying out the attack.

“From the seized material and as a consequence of other information received by the authorities during the investigation, a comprehensive chronology of events charting the offenders’ radicalisation and the formation of their conspiracy to commit a terrorist act, or acts, can be set out,” he said.

“Although neither of the offenders were raised to follow any extreme views related to Islam, it is clear that during and certainly by the end of 2014, both of the offenders had been drawn to and had embraced the ideology of the Islamic State and extremist Islamic views.”…

           — Hat tip: FW [Return to headlines]
 

Sydney Man Ali Al-Talebi Found Guilty of Funding Islamic State

A Sydney man accused of arranging to have thousands of dollars sent overseas to help Islamic State (IS) fighters travel to Syria has been found guilty.

It took the jury just over a day to find Ali Al-Talebi, 27, guilty of two counts of supplying funds to IS and one charge of knowingly making those funds available to them.

It is the first time charges of providing material support for a terrorist group have been tested and successfully prosecuted in an Australian court, since terrorism legislation was introduced in 2003.

Al-Talebi and his co-accused, who cannot be named, were both charged with making $6,000 available to IS.

The pair used a third man, who also cannot be identified, to send two separate transfers of $3,000 overseas in 2014.

The money was going to be sent to Pakistan where police said it would be used to help at least three people travel to Syria.

Prosecutors said the two men were in contact with Mohammad Ali Baryalei, who was Australia’s most senior Islamic State member until he was killed in Syria in October 2014.

The co-accused pleaded guilty to attempting to make funds available to IS in December 2015.

The unanimous verdict followed Al-Talebi’s 10-week trial in the NSW District Court…

           — Hat tip: FW [Return to headlines]
 

80% of Migrants Reaching Italy Irregular

Avramopoulos says

(fixes typo, 4th line) (ANSA) — Rome, December 9 — Some 80% of the migrants arriving across the Mediterranean to Italy are irregular, European Migration Commissioner Dimitris Avramopoulos said Thursday, noting that 80% of migrants crossing the Aegean to Greece are refugees. Friday will see an informal meeting of EU interior ministers ahead of a December 15 summit.

           — Hat tip: Insubria [Return to headlines]
 

California Democrat Vows to ‘Fight in the Streets’ Over Illegal Immigration

California’s new Democrat supermajority used Monday’s usually congenial legislative swearing-in ceremonies to ram through Assembly and Senate resolutions insisting President-elect Donald Trump abandon his immigration deportation policies- at least in California.

           — Hat tip: JD [Return to headlines]
 

DOJ: Hit-and-Run Illegal Deported 8 Times

(FOX NEWS) The illegal immigrant wanted for allegedly killing two people in a hit-and-run case in Kentucky had been deported eight times, the Department of Justice has confirmed.

Miguel Angel Villasenor-Saucedo, 40, is wanted for the Oct. 22 drunken car crash that killed two women in Louisville. Villasenor-Saucedo was most recently deported in 2013.

“Villasenor-Saucedo fled the scene and [Louisville police] officers later obtained a criminal complaint from the Jefferson County District Court charging Villasenor-Saucedo with leaving the scene of a fatal hit and run accident,” the Justice Department said in a statement. “A warrant has been issued for Villasenor-Saucedo’s arrest.”

           — Hat tip: JD [Return to headlines]
 

France’s Le Pen Pledges No Schooling, Benefits for Illegals

Paris (AFP) — French far-right leader Marine Le Pen proposed Thursday that the children of illegal immigrants should be refused public school places as part of tough proposals to restrict state services for foreigners.

“I’ve got nothing against foreigners but I say to them: if you come to our country, don’t expect that you will be taken care of, treated (by the health system) and that your children will be educated for free,” Le Pen said.

“That’s finished now, it’s the end of playtime,” she told a conference in Paris in comments that provoked a storm of condemnation from the Socialist government.

           — Hat tip: JD [Return to headlines]
 

Germany to Offer ‘Voluntary Return’ Incentives for Asylum Seekers

The German government is to spend 150 million euros on incentives for asylum seekers to return home voluntarily. But refugee organizations say the plans are unrealistic — and merely a placebo for voters in Germany.

           — Hat tip: Reader from Chicago [Return to headlines]
 

Germany: Muslim Refugee Rapes, Murders Government Official’s Daughter

According to German estimates, there are more than one million Muslim refugees in their country, with hundreds suspected of being members of “sleepers” for the terrorist group Islamic State of Iraq and Syria. Public anger over the refugee arrivals has been intensified due to violent crimes involving Islamic refugees. There have been reports of rapes and other sex attacks at public swimming pools and other violence in Germany attributed to the refugees.

Miss Ladenburger’s father, Dr. Clemens Ladenburger, is a lawyer who works for the legal director of the EU’s European Commission.

According to former police homicide detective Benny Cardona, the case received very little attention in the West’s news media, especially in the United States, where the Democratic Party and the news media are in agreement with President Barack Obama’s desire to bring tens of thousands of Muslim refugees with no plausible method of “vetting” the asylum seekers.

“While President Barack Obama’s sympathies lay with the Muslim refugees, he and his media sycophants want to public to buy into their narrative of desperate Muslims asylum seekers. They don’t wish to explain why out of thousands of Syrian and Iraqi refugees less than 60 are Christians? Or why 70% of the refugees are males? Or how do they conduct background checks to prevent terrorists and criminals from entering the U.S.? asked Det. Cardona, a decorated police officer…

German police chief, Jörg Meuthen, said: “We are shocked about this crime, and realize at the same time, that our warnings of the uncontrolled immigration of hundreds of thousands of young men from patriarchal Islamic cultures were depreciated as populism.”

           — Hat tip: JD [Return to headlines]
 

Spain’s Ceuta Enclave Stormed by Migrants

At least 400 people have broken through the border fence between Morocco and the enclave of Ceuta, which is part of Spain.

The migrants, mainly from sub-Saharan Africa, stormed different points of the 6m-high (19ft) barbed-wire fence from 06:15 local time (07:15 GMT) on Friday.

           — Hat tip: Reader from Chicago [Return to headlines]
 

Thomas Friedman and Charlie Rose Versus the American People

Congress continues forcing 1.2 million legal immigrants and 500,000 illegal migrants annually into our country from a line that grows by 80,000,000 (million) more desperately poor people annually around the world. In other words, immigration cannot save them because they won’t save themselves with birth control. But men like Friedman and Rose who could interview 35 top experts on overpopulation-instead-they avoid what’s really happening.

That means they command powerful institutions and platforms, but they refuse to deal with the foundational problems facing America. They’re not alone. When you look at a Rachael Maddow, Anderson Cooper, Megyn Kelly, Whoopi Goldberg, John Anderson, Chuck Todd of Meet the Press, John Dickerson of Face the Nation and many others-all of them avoid what we’re facing. No wonder the American people don’t trust the mainstream media.

Friedman told Rose that he thought that his hometown of Minneapolis featured wonderful diversity. In fact, I visited Minneapolis this past September to visit what citizens of the city call “Somaliland” where nobody visits for fear of his or her personal safety. Over 110,000 Somali immigrants live on welfare while they created their own parallel society. They possess not one iota of commonality with Americans. They arrived here out of the bush having never used a toilet or taken a shower. Today, they subsist on our taxpayer dollars via welfare for everything. The EBT card gives them life! Somali youth push old people off their bicycles for laughs and show it on social media. Educating them: hopeless.

           — Hat tip: JD [Return to headlines]
 

Role of Education in America-Phobia

Socialist teachers have our children’s eyes, ears, and minds eight hours a day

Our future depends on who is going to win the war on our “borders, language, and culture,” on our sovereignty, the leftist America-phobes or the America-philes?

Socialist teachers will continue to be the vectors of Marxist indoctrination because they are rolled out with little effort on the College of Education assembly line and are encouraged to become proud members of the National Education Association.

Unfortunately for America, these socialist teachers have our children’s eyes, ears, and minds eight hours a day, ample time to shape them into the communist and environmentalist drones required by the 21st century “social justice” and impossible equality know-nothing workforce…

Progressives no longer hide their intolerance and disdain for Caucasians and conservatives, inventing terms such as “white privilege,” “micro aggression,” “pathological bias,” “ordinary prejudice,” “pathological bigotry,” requiring collegiate “safe spaces” for their frightened progeny, the Snowflake Generation, telling them lies that all conservatives are racist and bigoted, and are going to harm legal and illegal immigrant children.

At the same time, the progressive and Islamo-phile MSM are busy turning a blind eye to all the violence, mayhem, and crimes that Islamists have committed in this country and around the globe. Nobody in the Christian population at large has attacked, killed, or maimed any Muslims. However, most terror attacks that have occurred in this country in the last fifteen years had been orchestrated and executed by radical Islam.

Symbols of pride and Americanism, our flag, our National Anthem have been burned and disrespected; monuments and veteran cemeteries have been desecrated without much note or mention by the main stream media.

[Comment: Recommended reading.]

           — Hat tip: JD [Return to headlines]
 

4 thoughts on “Gates of Vienna News Feed 12/9/2016

  1. Re the ‘Famous Retailer on ‘Brink of Catastrophe’ article:

    I find financial articles on the news feed interesting.

    Sears is not on my investment radar. So I just looked up its stock price history. It was $191.93 a share on April 27, 2007. Now its at $11.93 a share.

    The last time I bought something from Sears was an air conditioner around 10 years ago.

    In finance, a formula called the Altman-Z Score was created. The formula may be used to predict the probability that a firm will go into bankruptcy within two years. The Altman-Z Score for Sears is now in the distress zone.

    http://www.gurufocus.com/term/zscore/SHLD/Altman-Z-Score/Sears-Holdings-Corp

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