Europe

Cold fusion reactor independently verified, has 10,000 times the energy density of gas

"Against all probability, a device that purports to use cold fusion to generate vast amounts of power has been verified by a panel of independent scientists. The research paper, which hasn’t yet undergone peer review, seems to confirm both the existence of cold fusion, and its potency: The cold fusion device being tested has roughly 10,000 times the energy density and 1,000 times the power density of gasoline. Even allowing for a massively conservative margin of error, the scientists say that the cold fusion device they tested is 10 times more powerful than gasoline — which is currently the best fuel readily available to mankind." Continue reading →

Continue ReadingCold fusion reactor independently verified, has 10,000 times the energy density of gas

Invest Like a Euro Zone Refugee

"The world is now witnessing a new refugee movement … but it’s not happening where you might think. These new refugees are not fleeing a war-torn province, or trying to escape from under the boot of a tyrant. They don’t need government aid. And they aren’t physically leaving their homes… Rather, these refugees are Italians, and they are fleeing their banks and their economy. Valter Badariotti, a banker with two small children, is one of the euro zone refugees. So is filmmaker Franco Fracassi. Both are worried about Italy’s economic deterioration and political morass. Sound familiar? It should … because it’s not far from what’s happening in the U.S." Continue reading →

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Nigel Farage Bashes Tax-Advantaged Hypocritical European Politicians

"If we look at the EU officials who work for the European Commission and the European Parliament, the highest category [the most common grade is AD12] are people that earn a net take home pay of just over 100 thousand pounds a year. And yet under EU rules they pay tax of 12 per cent. It is tax fraud on an absolutely massive scale. And Mr Barroso I would say to you, how can that be deemed to be fair? How can people out there struggling - the 16 million people unemployed in the eurozone - how can they look at these institutions, not only paying people vast sums of money but allowing them tax and pension benefits on a scale not seen anywhere else in the world?" Continue reading →

Continue ReadingNigel Farage Bashes Tax-Advantaged Hypocritical European Politicians

Austria Turns Rat Fink

"Europe moved closer to ending banking secrecy on Wednesday after Austria dropped objections to sharing data on foreign depositors and the EU focused on negotiating a similar agreement with Switzerland. 'It's a bad day for tax cheats,' Austrian Chancellor Werner Faymann told reporters at a meeting of EU leaders to discuss fighting tax fraud. 'We will act jointly and I believe we will manage the exchange of data by the end of the year.' Luxembourg and Austria had not wanted to reveal the names of account holders to other countries and instead allow banks to withhold tax, but under pressure from their European partners both have now agreed to." Continue reading →

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As Thieves Troll Spanish Farmland, Villagers Begin Patrols

"Police officials say they have seen a steady rise in the crime rate in rural areas since 2009. Just about everything is a target. Three hundred onions one night. A rubber irrigation hose the next. In Albelda, thieves have taken diesel fuel, nail guns, electric clippers — even shampoo and soap that workers use. Elsewhere in Spain, particularly in coastal regions like Valencia where there is a lot of farming, villagers are organizing themselves into patrols, too. It is not a trend that police officials like much. But they understand it. In many areas, there are too few officers to cover acres and acres of farmland. And yet there are few useful alternatives to a watchful eye." Continue reading →

Continue ReadingAs Thieves Troll Spanish Farmland, Villagers Begin Patrols

Soros To Germany: Introduce Eurobonds or Hit The Bricks

"George Soros made an assertion aimed at the heart of the euro crisis: Germany should either agree to introduce 'Eurobonds' – which would mutualize the public debts of all of the euro zone member states – or step out of the way and leave the euro, so that the remaining member states could move forward with debt mutualization." Continue reading →

Continue ReadingSoros To Germany: Introduce Eurobonds or Hit The Bricks

Switzerland reintroduces immigration quotas after sudden influx of Europeans

"Switzerland will begin restricting residence permits to citizens from 17 European Union countries, including the UK, on June 1st. The measure, approved by the federal government and announced by the immigration department on Wednesday, was triggered by a safeguard clause in the freedom of movement agreement signed by the Swiss with the EU. The clause allows for the Swiss to restrict immigrants from the EU unilaterally until May 31st, 2014. It can be enacted if the number of residence and short stay permits issued to EU workers exceeds by at least 10 percent the average number of annual permits issued in the previous three years." Continue reading →

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Tories begin defecting to Nigel Farage’s UKIP over ‘loons’ slur

"Local Conservative party campaigners, including the chairman of one constituency association, will this week pledge their support for Nigel Farage after one of David Cameron’s allies described grassroots Tories as 'mad, swivel-eyed loons'. Six members of the Tory group on Merton council in south London are quitting. One, Richard Hilton, who has been acting chairman of the local Conservative association, said he would join Ukip because the insult was 'the final straw'. Lord Howe, the former chancellor, claimed Mr Cameron was 'losing control' of the party to growing euroscepticism." Continue reading →

Continue ReadingTories begin defecting to Nigel Farage’s UKIP over ‘loons’ slur

German Anti-Euro Party a Growing Challenge for Merkel

"Though the German left is splintered among three, or even four, parties, the right is a monolith. There is the CDU, its Bavarian wing known as the Christian Social Union, and its favorite coalition partner, the Free Democrats (FDP). But this election year is different. With the birth of the anti-euro party Alternative for Germany (AfD), Merkel is facing competition from within her own clientele. Furthermore, though her preferred strategy has been that of maintaining complete silence about the AfD so as not to lend it credibility, there are many in Merkel's party who disagree with that approach. And they are increasingly giving voice to their displeasure." Continue reading →

Continue ReadingGerman Anti-Euro Party a Growing Challenge for Merkel

Europeans Rapidly Losing Faith in EU Project

"Europe's ongoing economic crisis and lasting currency woes are beginning to rapidly erode faith among Europeans in the EU project. That is the result of a new survey undertaken by the renowned Pew Research Center in Washington D.C. and released on Monday evening. In just one year, the share of Europeans who view the European Union project favorably plummeted from 60 percent in 2012 to just 45 percent this year. Furthermore, only in Germany does a majority continue to support granting more power to Brussels in an effort to combat the ongoing crisis." Continue reading →

Continue ReadingEuropeans Rapidly Losing Faith in EU Project