JUN 2 SIT EC y POL
ZERO HEDGE
Sounding
The Alarm On The Country's Vulnerability To An EMP. Submitted by Tyler Durden on 06/02/2015 [EMP= manmade or natural electromagnetic pulse]
[[ Podemos ganar la 3ra Guerra Mundial? ... reverenda estupidez guerrerista de neocons. Este art parece descabellado, pero hay aqui mucho de realidad. Si existe la posibilidad de eliminar por completo el sistema electro-magnetico de un pais antes de un bombardeo nuclear. En breve, si creo que el MAD (Mutual Assured Destruction) tiene hoy mas vigencia que ayer. Pero creo tambien en la urgente necesidad de evitar que guerreristas estudpidos tenga acceso al control de los dispositivos nucleares. Si no lo evitamos, habremos regresado a la barbarie y si brain queda para explicar los que paso, tampoco podran dar luces del por que desaparecieron los nuevos dinosaurios. Hugo Adan, June 3, 2015]]
Last year, Elliott
Management's Paul Singer highlighted "one risk that stands way
above the rest in terms of the scope of potential damage adjusted for the
likelihood of occurrence" - an electromagnetic pulse (EMP). As
Michael Snyder previously details, our entire way of life can be ended in a
single day. And it wouldn’t even take a nuclear war to do it. All
it would take for a rogue nation or terror organization to bring us to our
knees is the explosion of a couple well-placed nuclear devices high up in
our atmosphere. The resulting electromagnetic pulses would fry
electronics from coast to coast, and, as
PeakProsperity.com's Chris Martenson explains, the country is extremely
vulnerable to an EMP...
In the past here at Peak Prosperity, we’ve written
extensively on the threat posed by a sustained loss of electrical grid power.
More specifically, we've warned that the most damaging threat to our grid would
come from either a manmade or natural electromagnetic
pulse (EMP).
A good friend of mine, Jen Bawden, is currently sitting on a
committee of notable political, security and defense experts -- which
includes past and present members of Congress, ambassadors, CIA directors, and
others -- who are equally concerned about this same threat and have recently
sent a letter to Obama pleading for action to protect the US grid.
We’re exploring this risk because
there are a number of developments that could knock out the power grid for a
week or more. They include a coronal
mass ejection (CME), a nuclear electromagnetic
pulse (EMP) device, a cascading grid failure, and malicious hacking or
electronic attacks.
Others Are Waking Up To The
Danger
Recently, we've been contacted by a well-connected group of
powerful people who have formed a commission to study the matter, and have
recently made a public and urgent appeal in an open letter to President Obama
to take this threat seriously.
This letter was sent to the President over the Memorial Day
weekend. It begins (emphasis mine):
Dear Mr. President,
We need your personal
intervention to provide for the protection of the American people against an
existential threat posed by natural and manmade electromagnetic pulse (EMP).
The consequent failure of critical infrastructure that sustain our lives is a
major national security threat and would be catastrophic to our people and our
nation
The National Intelligence Council,
which speaks for the entire U.S. Intelligence Community, published in its 2012
unclassified Global Trends 2030 report that an EMP is one of only eight
Black Swan events that could change the course of global civilization by or
before 2030.
EMP is one of only eight Black
Swan events that could change the course of global civilization by or before
2030. No official study denies the view that an EMP is a potentially
catastrophic societal threat that needs to be addressed urgently. America is
not prepared to be without water, electricity, telephones, computer networks,
heating, air conditioning, transportation (cars, subways, buses, airplanes),
and banking.
All the benefits of our
just-in-time economy would come to a deadly halt, including the production of
petroleum products, clothing, groceries and medicine. Think about cities
without electricity to pump water to their residents.
(Source)
Nature Can Play This Game, Too
As a reminder,
an EMP can also come from a natural cause such as a coronal mass ejection
from our sun -- something we’ve covered in detail here in repeated interviews
with NASA scientist Lika Guhathakurta (here
and here)
as well as in numerous reports centered on the electrical grid and/or warfare:
A coronal mass ejection from the
Sun can generate a natural EMP with catastrophic consequences
EMP As A Tool Of War
But the bigger risk, in my mind, is that a military
confrontation induces one (or several) players to use an EMP as a means of
warfare. With the US poking the Russian bear, and now considering military
options to confront China over the islands they are building in the South China
Sea, it's not out-of-the-question that one of these world powers could consider
using an EMP as a means of retaliation..
The letter to Obama continues:
As we have known for over a
half-century from actual test data, even more damaging EMP effects would be
produced by any nuclear weapon exploded a hundred miles or so above the United
States, possibly disabling everything that depends on electronics for control
or operations within a line of sight from the explosion.
Electricity networks could be
shut down indefinitely until major repairs could be made, and this could take
months, even years. .. Computers would be incapacitated. Supply chains would
shut down.
Russia and China have already
developed nuclear EMP weapons and many believe others possess EMP weapons
including North Korea and soon Iran
Protecting Yourself
There are plenty of steps you can take to insulate yourself
from the worst effects of a loss of power. We’ve covered everything from building your own Faraday cages, to installing solar and
other electricity-generating systems that might themselves withstand an EMP or other acts of warfare and still function in providing
essential power during dark times.
In Part 2: Reducing Your Risk To A Grid-Down Event, we
reveal the vulnerabilities mostly likely to cause prolonged outages of the national
power grid: cyber attacks. The current system in the US has a disconcerting
number of failure points that can -- and are, the data shows -- being targeted
by malicious agents.
And more importantly, we lay out the specific steps
concerned individuals should take at the home level to have backup support and
protection should the grid go down. The cost of such preparation is very low
compared to the huge magnitude of this low-probability, but highly disruptive,
threat.
Click here to read Part 2 of this report (free
executive summary, enrollment required for full access)
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Ron
Paul Fears The CIA Is The Biggest Threat To Americans' Liberty. Submitted
by Tyler Durden on 06/02/2015
As the Senate scrambled to pass the USA Freedom Act this
evening, reinstating the agency’s ability to spy on Americans, Ron Paul points
out that US intelligence organizations have always – and will continue – to
operate outside the law; with Daniel McAdams noting the CIA "is sort
of the President’s own Praetorian Guard." As Sputnik News
reports, before Americans applaud a minor step toward transparency, Paul
warns that they should "recognize the corrosive nature of the CIA,
"They are a secret government," operating way above the law, and are
"way out of control."
----
The
Defaults Continue In China As Duck Producer Sinks. Submitted by Tyler
Durden on 06/02/2015
[ La ley de la jungla
neoliberal si se respeta en China. Al
parecer, son más papistas que el Papa. En America si una empresa no puede
competir, la subsidian –bail outs.. ocurrió con los carros y otras ]
Over the past several months we’ve seen at least three
examples of Chinese defaults including Baoding Tianwei Group, a subsidiary of state-owned
parent China South Industries. This suggests Beijing will begin to take a more
hands-off approach when it comes to propping up borrowers. The latest
example is a profitable duck processing company, which FT says has defaulted on
its debts after banks refused to roll over its loans.
----
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"If It Looks Like A Duck" - The Man In The Moon: Part 2. by Paul Brodsky of Macro Allocation, Inc. Submitted by Tyler Durden on 06/02/2015
During “normal times” – an economic growth phase accompanied
or generated by rising systemic leverage – central banks have incentive to
promote nominal growth and inflation, which make banking systems profitable and
their free-spending political overseers happy. In such times, commercial banks
have fiduciary responsibilities to shareholders to constantly increase their
market values, which they do by expanding their balance sheets. Now that
economies are highly leveraged, extinguishing debt would require banks to
reduce the sizes of their loan books, which would shrink their market values.
Thus, it seems economic policy makers never have incentive to promote debt
extinguishment in the banking system, regardless of economic conditions or
prospects.
In part 2 of the "Man in the Moon" series we
look at Paul Volcker’s roundtrip - monetary policies and their impacts from
1971 through the Great Leveraging to today. Part
1 can be found here.
----
Greece
Faces Moment Of Truth: Troika To Present Final Offer On Wednesday. Submitted
by Tyler Durden on 06/02/2015
The troika has rejected Alexis Tsipras'
"realistic" draft agreement and have crafted what amounts to a
take-it-or-leave-it deal which will be presented to the Greek PM on Wednesday,
Reuters reports.
----
From
Whence Cometh Our Wealth - The People's Labor Or The Fed’s Printing Press?.
Submitted by Tyler Durden on 06/02/2015
It is hard to believe that in these allegedly enlightened times this question even needs to be asked. Are there really educated adults who believe that by dropping helicopter money conjured from thin air, the central bank can actually make society wealthier? Well, yes there are. They spread this lunacy from the most respectable MSM platforms.
----
John
Nash Hated Keynesians. Submitted by Tyler
Durden on 06/02/2015
"...'Keynesian' economists, have sold to the public a 'quasi-doctrine' which teaches, in effect, that (in other words) 'bad money is better than good money'... a 'Keynesian' would favor the existence of a 'manipulative' state establishment of central bank and treasury which would continuously seek to achieve 'economic welfare' objectives with comparatively little regard for the long term reputation of the national currency."
----
ISIS,
Assad Regime Now Fighting Together In Syria, US Alleges. Submitted by Tyler
Durden on 06/02/2015
When last we checked in on the situation in Syria, ISIS (who
a secret Pentagon document recently revealed was, and probably still is,
considered a US “strategic asset”) was supposedly on the move, emboldened by
recent successes in the ancient city of Palmyra and the conquest of Ramadi in
Iraq, where, you’re reminded, Iraqi forces showed “no will” to fight according
the Pentagon.
Recall from the Pentagon
document mentioned above that a spokesperson for The Islamic State of
Iraq called on "the Sunnis in Iraq to wage war against the Syrian regime
regarding Syria as an infidel regime for its support of the infidel army
Hezbollah and other regimes he considers dissenters like Iran and Iraq."
Now, apparently, ISIS and the Assad regime have inexplicably
decided to ban together.
Draw your own conclusions, but if one wanted to speed up the
process of bringing about regime change in Syria, one way to do so would be to
claim that Assad and ISIS are now working together in an attempt to crush the
opposition. [ THIS ARTICLE IS MISREPRESENTING FACTS ]
----
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Fed
Mouthpiece Jon Hilsenrath Furious "Stingy" US Consumers Refuse To Buy
The "Recovery" Propaganda.
Submitted by Tyler Durden on 06/02/2015
Dear American Consumer,
This is The Wall Street Journal. We’re writing to ask if
something is bothering you. The sun shined in April and you didn’t spend
much money. You have been saving more too. You socked away 5.6% of your
income in April after taxes, even more than in March. This saving is not
like you. What’s up?... The Federal Reserve is counting on you too. Fed
officials want to start raising the cost of your borrowing because they worry
they’ve been giving you a free ride for too long with zero interest rates. We
listen to Fed officials all of the time here at The Wall Street Journal, and
they just can’t figure you out.
----
NSA
Is Back Online After Senate Passes "USA Freedom Act". Submitted
by Tyler Durden on 06/02/2015
[WHEN FREEDOM BECOMES MENTAL SLAVERY]
While one should
remain skeptical of just exactly what will happen, the Senate voted in the
majority on Tuesday in favor of the USA Freedom Act, adopting the same
version of the bill that had overwhelmingly passed the House of Representatives
last month by 338-88. The USA Freedom Act (theoretically) ends the NSA’s bulk
collection of phone metadata, it allows that information to be stored instead
by telecommunications providers, which could then be accessed by intelligence
agencies with a warrant. While sold as reigning in the agency’s surveillance
powers, the bill allows the NSA to resume collecting intelligence... Realistically
it appears nothing more than a great PR effort to bury the spy state even
deeper
----
In
America, Which One Of These Is The Most Courageous?. Submitted by Tyler
Durden on 06/02/2015 –
And the winner of
The Arthur Ashe Courage Award is...
The Arthur Ashe Courage Award is
an award that is part of the ESPY Awards.
Although it is a sport-oriented award, it is not limited to
sports-related people or actions, as it presented annually to individuals whose
contributions "transcend sports".
And just to top it all off...
- *OBAMA BELIEVES JENNER HAS SHOWN `TREMENDOUS COURAGE': EARNEST
----
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Greece
Breaks America's Heart, Will Sign MOU With Russia For Gas Pipeline. Submitted by Tyler
Durden on 06/02/2015
Greece has received
what The New York Times recently described as “dueling sales pitches” on two
proposed natural gas pipelines, with the US pressing Athens to support The
Southern Gas Corridor rather than Gazprom's Turkish Stream project. It appears
Moscow may have made the more convincing case because, much to Washington's
dismay, Greece is set to sign an MOU for the Greek portion of The Turkish
Stream pipeline in June.
----
5
Investing Myths Debunked. by
Lance Roberts via STA Wealth Management. Submitted by Tyler
Durden on 06/02/2015
There are many half-truths perpetrated on individuals by
Wall Street to sell product, gain assets, etc. However, if individuals took a moment to think about it, the illogic of
many of these arguments are readily apparent...
1) The Market Has Generated 10% Annual Returns
One of the biggest
myths perpetrated by Wall Street on investors is showing individuals the
following chart and telling them over the “long-term” the stock market
has generated a 10% annualized total return.
2) I Can Beat/Outperform The Stock Market
No, you can’t. I
discussed this idea in much more detail in “Why
You Can’t Beat The Index.” However, here is the important point.
3) Your Financial Plan Says You Will Be Just Fine
One the biggest
mistakes that investors make are in the planning assumptions for their
retirement. I wrote on this idea in much detail
recently:
4) If You're Not In, You're Missing Out
It is often stated
that you should be invested in the markets because there has NEVER been a
10-year period that has produced negative returns for investors. That is simply
not true.
5) You Can’t Time The Market – Just Buy And Hold
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Petrobras
Pays Up: The High Price Of Issuing A 100 Year Bond. Submitted by Tyler
Durden on 06/02/2015
The scandal-surrounded,
junk-rated, state-managed Brazilian oil producer Petrobras managed to
successfully issue
a $2.5 billion notional 100-year bond yesterday. Mainstream media is
cock-a-hoop over the fact that the 'market' seemed to soak this bond up so
easily and at a yield of 8.45% (which was 20-30bps below guidance) amid an
order book apparently up to asround $10 billion. However, for those with some
math skills, the truth is that it cost Petrobras around $380 million more
than market-implied levels to successfully launch the bond (and so it
should).
----
EURUSD
Up 300 Pips In Last 24 Hours, Dollar's 2nd Biggest Drop In 6 Years. Submitted by Tyler
Durden on 06/02/2015
As EURUSD surges
towards 1.1200 once again, we note that it is now 300 pips stronger than 24
hours ago. This is the 2nd biggest collapse in the USD since March 2009...
Treasuries and Bunds are getting monkey-hammered... and US stocks just want
higher (as Dax slides)...
----
Who's On
The Other Side Of The Trade?. Submitted
by Tyler Durden on 06/02/2015
The system is corrupt… and dangerously dysfunctional. But why does no one say so? Opinion makers such as Paul Krugman and
Larry Summers misunderstand intentionally. But who speaks for the next
three decades? Everyone wants more credit, more inflation, more
bubbles, more subsidies, and more special privileges. Who’s on the other side
of the trade?
----
FIFA
President Sepp Blatter Resigns, Calls For New Elections: Live Feed. Submitted by Tyler
Durden on 06/02/2015
Following overnight
news that yet another former FIFX executive, this time Jerome Valcker, former
top deputy to FIFA president Sepp Blatter, may be involved in the latest money
laundering and corruption scandal, one involving a $10 million transfer of
funds, which has been presented as an alleged payment of bribes over South
Africa's bid to host the 2010 World Cup, moments ago the FIFA president
announced he would hold an imprompty press conference. Will Blatter finally
announced his resignation? Find out now.
----
Expect
The Recent Oil Rally To End Badly If OPEC Doesn’t Cut. Submitted by Tyler
Durden on 06/02/2015
There have been a
steady stream of articles championing
the ingenuity of U.S. tight oil producers for figuring out how to maintain
production with fewer rigs. It doesn’t strike me as ingenious to produce
more oil at low prices that ensure losing money. OPEC will meet on Friday
(June 5, 2015) and most doubt that a production cut will result. If that is the
outcome, expect the recent rally in oil prices to end badly.
----
Factory
Orders Scream Recession, Drop 6% From Year Ago In Sixth Consecutive Drop. Submitted by Tyler
Durden on 06/02/2015
Following this
morning's disappointing tumble in ISM New York (with 5 of the 6 components
plunging), Factory Orders tumbled 0.4% MoM in April (against expectations of
a modest 0.1% decline). This comes after March's exuberance-inspiring
upwardly revised 2.2% MoM surge (which ended a 7 month streak of MoM drops).
Down 6.4% against 2014, this is the 6th month in a row of YoY declines in
Factory Orders - something not seen previously outside of a recession.
----
Recovery
2015: Use Of Non-Bank Credit (e.g. Payday Loans) Continues To Soar. Submitted by Tyler
Durden on 06/02/2015
It’s not the case
that every one of these middle- and upper-class households turned to pawnshops
and payday lenders because they got whomped by an unexpected bill from a
mechanic or a dentist. “People who are in these [non-bank] situations are
not using these forms of credit to simply overcome an emergency, but are using
them for basic living experiences,”
----
NSA
Is Offline So Here "They" Come: Multiple Bomb Threats Made Against US
Aircraft, NBC Reports. Submitted
by Tyler Durden on 06/02/2015
Who could have seen
this coming? Just 24 hours after the NSA goes "dark" from
"securing" the nation against terrorist threat (by recording and
storing all domestic phone calls) we get this:
BOMB THREATS PHONED INTO AIRPORTS, CNBC SAYS
According to NBC,
these threats are against planes already in the sky.
[ This explains how NSA & Patriot ACT was place back .. now
you wonder WHO ARE THE TERRORISTS?]
----
Liberation
Is Unprofitable. Submitted by Tyler
Durden on 06/02/2015
If we had to
summarize the sickness of our economy and society, we could start by noting
that liberation is unprofitable, and whatever is not profitable
to vested interests is marginalized, outlawed, proscribed or
ridiculed. Examples of this abound.
----
TSA
Agents Failed To Catch 95% Of Mock Bombs And Weapons. Submitted by Tyler
Durden on 06/02/2015
The reason why
"investing" in the economy in the form of government spending always,
without fail, leads to adverse results and negative returns, is because unlike
the private sector, there are neither checks and balances, nor punishment if
one fails at their job. Case in point, the much maligned Transportation
Security Administration, aka the TSA, best known for groping women and infants
at airport checkpoints is about to be even more maligned because according to
an exclusive report
from ABC, TSA screeners failed ailed to detect mock explosives and weapons
in 95% of tests carried out by undercover agents.
----
Greece,
Troika Submit Conflicting Eleventh Hour Deal Proposals. Submitted by Tyler
Durden on 06/02/2015
Both Greece and the troika are said to have devised their
own version of a 'final' offer in bailout negotiations, with WSJ saying
creditors have prepared a draft agreement for PM Alexis Tsipras to either
accept or not. The question now
seems to be: how much will the Greek PM have to cede and what does that mean
for the Greek government?
----
Submitted by Tyler
Durden on 06/02/2015 - 07:25
- Greece, creditors exchanging documents to reach deal - Commission (Reuters)
- Greece’s Creditors Reach Consensus on Proposal to Athensa (WSJ)
- Greece calls on lenders to accept 'realistic' plan sent on Monday (Reuters)
- Hundreds missing, many elderly tourists, after ship capsizes on China's Yangtze (Reuters)
- Oil up ahead of OPEC meeting as dollar slips (Reuters)
- U.S. Met Secretly With Yemen Rebels (WSJ)
- Euro zone back to inflation as May prices beat forecast (Reuters)
- Patients Get Extreme to Obtain Hepatitis Drug That's 1% the Cost Outside U.S. (BBG)
----
FUTURE FAST FORWARD
----
WASHINGTON BLOG
‘Emperor’s New
Clothes’ political collapse: Seizing an alternative to OBVIOUS unlawful wars,
bankster looting, lying corporate media
I’ve divided the
paper into sections:
- Recognizing The Emperor’s New Clothes as THE STORY of today (1 of 7)
- Obviously unlawful US/UK wars of the present (2 of 7)
- Obviously unlawful Israel wars on Gaza (3 of 7)
- War lies to hide obviously unlawful wars: propaganda as usual (4 of 7)
- Bankster looting: fundamental fraud that “debt” is “money” (5 of 7)
- Lying corporate media: required propaganda trying to hide naked empire (6 of 7)
- Integrity for the whole truth, and nothing but the truth (7 of 7)
----
INFORMATION CLEARING HOUSE
How the US
Helped ISIS
By David Mizner
If the United States really wanted to defeat ISIS and al-Qaeda, it would stop empowering them.
By David Mizner
If the United States really wanted to defeat ISIS and al-Qaeda, it would stop empowering them.
----
Battling
ISIS: Iran-Iraq War Redux
By Dahlia Wasfi
I’m with neither the US nor the (other) terrorists. I’m with the civilians of the region.
By Dahlia Wasfi
I’m with neither the US nor the (other) terrorists. I’m with the civilians of the region.
----
The Israeli
War Crime That Goes Unmentioned
By Jonathan Cook
When Israeli civilians die under those rockets, will Hizbollah and Hamas be responsible or will it be Israel’s fault?
By Jonathan Cook
When Israeli civilians die under those rockets, will Hizbollah and Hamas be responsible or will it be Israel’s fault?
----
Enough with
the Holy Founders' Undemocratic Constitution
By Paul Street
Imagine – a new U.S. Constitutional Convention dedicated to building and empowering popular democracy, not checkmating and containing it.
By Paul Street
Imagine – a new U.S. Constitutional Convention dedicated to building and empowering popular democracy, not checkmating and containing it.
----
GLOBAL RESEARCH
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Athens
Defies Washington: Greece to Join Russia’s Turkish Stream Pipeline Project By Stephen Lendman
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NEWS IN SPANISH
El BRICS arrolla a EE.UU. en Suramérica. Pepe Escobar
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América
Latina Gobiernos de Guatemala, Honduras y Perú,
asediados por crecientes protestas sociales Ollantay Itzamná
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PRESS
TV
US
Senate passes surveillance bill. Tue Jun 2, 2015 The US Senate approves a bill that will restart the
government’s sweeping surveillance program run by the National Security Agency.
----
FBI
operating own air force: Report .
Tue Jun 2, 2015 US law enforcement officials have confirmed that the FBI is
operating a small air force with scores of low-flying surveillance planes
across the country, a report says.
----
House
bans funds for US embassy in Cuba. Tue Jun 2, 2015 A US House panel has prohibited funding for an embassy
or other diplomatic facility in Cuba.
----
====
FIFA CORRUPTION SCANDAL
MANIPULATED by CORRUPTED DIRTY COUPLE
SEPP
BLATTER TO RESIGN AS FIFA PRESIDENT AMID CORRUPTION SCANDAL
[ FIFA crisis look like a media
coup d’etat .. it smell fishy that the most corrupted countries in the World,
the US and UK, are behind ‘the scandal of corruption” when evidences on the
case are still in process of investigation… what pressure have receive this old
man Blatter to resign? .. nobody knows .. anything can be expected from the
dirty couple US and UK ]
Let’s read this:
Blatter was re-elected last week, despite seven top Fifa
officials being arrested two days before the vote as part of a US prosecution.
But he said: "My mandate does not appear to be
supported by everybody."
When will a new president be
elected?
Blatter, who has been Fifa president since 1998, said:
"The next ordinary Fifa congress will take place on 13 May, 2016 in Mexico
City.
"This would create unnecessary delay and I will urge
the executive committee to organise an extraordinary congress for the election
of my successor at the earliest opportunity.
The extraordinary congress is expected to take place between
December 2015 and March 2016.
Blatter plans reforms before exit
Fifa was rocked last week by the arrests on charges of
racketeering, wire fraud and money laundering as part of a US prosecution that
also indicted 14 people.
Fifa was rocked last week by the arrests on charges of
racketeering, wire fraud and money laundering as part of a US prosecution that
also indicted 14 people.
The latest allegations of corruption to emerge on Tuesday
involved reports claiming Fifa general secretary Jerome Valcke was responsible
for an alleged $10m (£6m) payment of bribes over South Africa's bid to host the
2010 World Cup.
A separate criminal investigation by Swiss authorities into
how the 2018 and 2022 World Cups were allocated is also under way.
More on this story:
----
Why now?
He wanted to remain
as Fifa's leader," said BBC Radio 5 live sports news correspondent Richard
Conway.
"He wanted to
bring Fifa and football back together but that ignored the huge weight of the
allegations that stood against the organisation.
"And, of course, that threat
from the US Department of Justice that this was not the end, it was only the
beginning of their enquiries.
"Jerome Valcke
is under pressure in connection with a bribe that the US Department of Justice
allege was paid from a Fifa account to Jack Warner, a former Fifa executive.
That is exactly where this story is going to be going in the next few weeks and
months.
"In the end,
Blatter's position became untenable and we will perhaps know more in the weeks
ahead about what exactly tipped him over the edge."
'Great news for football'
Michel Platini, the president of European football's governing body Uefa, had urged
Blatter not to stand for re-election and to quit following the arrests in
Switzerland.
"It was a
difficult decision, a brave decision, and the right decision," said
Platini after Blatter stated his intention to step down.
The English Football Association
has been vociferous in its criticism of Blatter.
England lost out to Russia in the
bidding for the 2018 World Cup.
And Simon Johnson,
who led England's 2018 bid, told BBC 5 live: "I want the full facts around
the bidding to be known and published. I want there to be openness and
transparency.
"If everybody
won it because of a fair fight and everything was fair and objective and
transparent then good, well done.
"I
think 2018 will go ahead. The preliminary draw for the Russia World Cup is a
few weeks away and it's too late to change that, but 2022 is another matter."
----
[ Before this scandal broke out in the US media the neocons
were pushing against Russia to be the host of the next World Cup … even though
… most countries elected Blateer in the hope that he will respect what it was
agreed democratically. …
Shameless the US & Uk legal
clowns involved in manipulating money scandals in FIFA.. Check the proportional
representation: the poor countries of
Africa has the majority of votes … so easily to be bought by the rich in the
area … that explain why Qatar is coming a host in 2022… and it explain why a Prince from Jordan is the top FIFA authority
in a “democratic” institution… There
resides the main sources of corruption … Who is behind them:
the US & UK… los moscones simpre estan donde hay mierda… they are behind
the millions of dollars in Sports …
It is true that FIFA NEEDS TO BE
REFORMED, OF COURSE it need changes, BUT CORRUPTED PEOPLE CAN’T REFORM ANYTHING.
They are behind the money.. that all they want. ]
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BBC source: http://www.bbc.com/sport/0/football/32982449
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