A top U.S. senator said Tuesday he would support a no-fly zone over Syria in the wake of Friday’s massacre, though the Obama administration pushed back on the question of military force — so far limiting the latest U.S. response to the expulsion’s of Syria’s top diplomat to Washington.

In a coordinated effort, the United States joined allies around the world Tuesday in kicking out Syria’s diplomats. State Department spokeswoman Victoria Nuland said the U.S. government gave Syria’s charge d’affaires 72 hours to leave the country.

Administration officials described the move as a statement by world powers about their collective “revulsion” toward the “vile” killings carried out by the regime and its “thugs.”

But it immediately raised further questions about whether any of those countries, including the U.S., are edging toward the possibility of military action in the country.

Sen. Lindsey Graham, R-S.C., said Tuesday that he would support a no-fly and no-drive zone in Syria, suggesting the U.S. faces a greater call to get involved militarily in Syria than it did in Libya last year.

“Compared to Libya, the strategic upside of taking out (Syrian President Bashar) Assad is far greater,” he said. “We’ve used force to stop slaughter less strategic and egregious than this.”

Read more:

For decades we fought against the spread of communism around the world. Now we let communist countries make chips that control just about everything in our technological society. A new report is suggesting that chips used in a variety of important and sensitive military and civilian infrastructure have back doors or malicious applications to allow for sabotage.

Full article

More fun coming out of Spain. This house of cards seems to be widespread across Europe.

Full article

[youtube:http://www.youtube.com/watch?v=-IRZ2scu40c 450 300]

A new list of words are out that will get you on cyber watch list. The clouds are gathering for big brother.

Full article

Shell games and total bull shit out of the mouth’s of European leaders has not only scared investors not to finance debt problems, but has lead the world to ask just how bad is it in Europe.

Full article

Spain’s largest bank got massive bailouts last week. It started off with $11 billion, then climbed to $18b, then $23b by Friday. What many did not know was they also received a state bailout of of $4.5 billion bringing the grand total to $28.3 billion.

Law makers were sure to slowly increase the bailout during the week to lessen the blow or surprise of so much money being needed. Despite all the cash injections yields are racing back to 7%; traditionally an area that give the markets serious jitters.

Full article

Spanish Ten Year Note

Government math never adds up. Especially when it comes to spending or recovering tax dollars from fraud.

Full article

SSDD in the capital of cronyism….

Full article

This just in over the wires…

Full look

$FB was just the last episode of misrepresentation. Apparently $MS has engaged in selective disclosure on Russian IPOs according to Canadian investors who have complained to the Ontario Securities Commission.

Perhaps $MS mistook the phrase when in Rome for when in Russia….

Full article

SSDD in a world of cronyism….

Full article

Will you trust the U.N. or the IAEA ?

Full article

Manufactured fear has allowed this country to fail on protecting the most basic  rights of citizens. A sad judgement from the NJ Attorney General’s Office.

Full article

[youtube:http://www.youtube.com/watch?v=u7P5WP0CSX4&feature=g-all-u 603 500]

down 90% over the past 5 years. 90-fucking-percent.

[youtube://http://www.youtube.com/watch?v=GtVrJl0yFPU 450 300]

ROME/HELSINKI (Reuters) – At least half of euro zone governments as well as banks and large companies are making contingency plans in case Greece decides to leave the single currency area, even though the preferred option is still for Athens to keep the euro.

Italy’s Deputy Economy Minister Vittorio Grilli said his country was ready for such a possibility, if Greek voters on June 17 give power to parties that reject reforms agreed with the EU and IMF in exchange for emergency loans.

Greece’s deficit means that without the EU/IMF money, which would stop flowing if Athens were to tear up the agreement on reforms, it would not be able to pay salaries and would have to leave the euro zone and start printing its own currency.

“We always have to be ready in any case,” Grilli said, when asked by reporters if Italy was preparing for a Greek exit. “All options are possible, though our objective is to avoid that happening.”

Senior European Union officials have told member states to prepare contingency plans in case Greece quits the euro zone, sources told Reuters on Thursday.

European Union leaders have urged Greece to stay the course on austerity and complete the reforms demanded under its bailout program.

Read more here:

Do not mistake the lab rat as the test subject.

Full article

Quotas make money for the town, county , and state. So be on good behavior if your down in the Magic City this weekend…

Full article