Friday, February 26, 2010

Pound Could Collapse Within Weeks, Predicts Billionaire Financier Jim Rogers

Press Dispensary | February 25, 2010

The UK Pound is on the brink of a collapse which will herald a downturn worse than 2008/9, it could well happen within weeks and the British government is powerless to prevent it. And this in turn will foreshadow a global economic winter that could come before the end of 2010 and make the last two years seem like a mild spring day.

This is the dire prediction of the legendary George Soros’ former business partner, respected billionaire financier Jim Rogers, together with millionaire investment adviser and best-selling author Dr Marc Faber and the controversial millionaire trader and coach Vince Stanzione, ahead of their keynote appearances at next month’s Global Trading Day seminar in Westminster.

As the UK economy stands on the brink of its much heralded double dip after a dismal January and rumblings about its credit rating, as Swiss Bank UBS speculates the risk of a run on the pound*, and as sterling hit a nine month low against the dollar on Friday, the three experts – who all have reputations for making much of their fortunes from predicting and riding economic downturns – are forecasting that a currency crash and then a full scale global “shakedown” are almost inevitable.

“The last few months have seen a ‘false bounce’, shorn up by massive short-term injections of government underwriting,” says Rogers, “but it can’t last. We’ve been applying temporary sticking plasters, not long-term cures. Later this year we’ll see the start of the real recession, with more Lehman-scale disasters and a fallout which won’t stop until the underlying malaise is genuinely cured.”

Full article here

Reid Wants Climate Bill ASAP

(we all need to remember who the criminals are when more and more become destitute and homeless due to the banksters theft combined with the taxes paid for the act of breathing . . . )

Kate Sheppard
Mother Jones
February 25, 2010

Does John Kerry have good reason to be so optimistic about a climate bill? The Washington Post reports that he’s getting strong signals that Senate Majority Leader Harry Reid wants a bill ASAP, indicating that senators might be closer to a deal on climate and energy than many people around Washington have assumed.

Kerry indicated to reporters Tuesday that an energy package is still atop Reid’s agenda for the year. And in a statement to the Post, Kerry said that Reid is “deadly serious about making progress this year on climate and energy reform.” Reid met with Kerry on Tuesday after a he huddled with Lindsey Graham (R-SC) and Joe Lieberman (I-Conn.) to discuss the anticipated measure.

“Senator Reid made it clear to me the other day that he wants a bill and he wants it soon,” Kerry said. “I can’t give you an exact timeline, but we are working very very diligently with our colleagues and all of the stakeholders to think this through carefully and get this done right, and get it done in a way that can pass the Senate.”

Read entire article

Ron Paul on Tyranny in America

YouTube | February 25, 2010

Congressman Paul speaks on the floor about assassinations of Americans by their own government.

Unplug the Signal: The Truth Will Not Be Televised

(important info . . .)

02-25-2010

Pupaganda - Nathan Janes



A flow of information is constantly streaming from the television set; a bombardment of words and pictures. The speed at which this information is communicated makes it easy for the signal to take control, switching the viewer's brain to stand-by as information is absorbed without analysis or question. Today the television's constant signal shapes the conclusions of the masses and produces the collective norm. The signal prescribes what is news and what is truth through the words of so-called experts and authorities, gelding the consciousness and independent thoughts of those subjected to it. Through television, the masses can be made to accept the most monstrous distortions of reality. The signal is a chill wind of continuous oppression over the minds of the masses. It controls the management of society and culture, creating uniformity across all subjects.

The fuel for this vehicle of mass deception is a technique known as perception management where an array of psychological techniques are used to alter the truth, leading the viewer to a desired conclusion. Some call this spin or propaganda while others know it as lying. According to Joseph Goebbels, Propaganda Minister for Adolph Hitler, "If you tell a lie big enough and keep repeating it, people will eventually come to believe it... It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State." Most of what can be found on the nightly news is nothing but advertisements selling more government and a false reality that benefits only those in control. Television is the dictator of information; newspaper and radio are the whisper campaign of the television's message.

It is expected that Americans will consistently prescribe to the doctrine of the television. It is subtly communicated that one should stay within the collective and never challenge the message, for doing so may be considered an aggression towards culture. The message is, "Be a good consumer; always obey authority; you know nothing; listen only to experts; be content and never question or express new ideas." This signal is being broadcast across millions of screens, indoctrinating the unconscious minds of those who choose this as their only reality. Self-censorship occurs when these individuals become so deeply indoctrinated that they are afraid to discuss any information outside the paradigm of television-created culture; they police their thoughts to ensure they won't conflict with this culture. Sadly, many people's reality today does not allow any outside information to process, instead it is written off as conspiracy or blatant lies. Our consciousness has been destroyed so much that fiction has become reality. An entire lifestyle of poisonous foods, pharmaceuticals, and fluoridated water are accepted as safe and sold to us at the cost of our health and well being.

Those of the establishment are using the incredibly powerful weapon of mass psychology as a method of controlling the minds of the masses and altering the behavior of individuals. Edward Bernays, a pioneer in the field of public relations in the 20th century, applied Sigmund Freud's theory of psychoanalysis to manipulate the masses by engineering consent. According to Bernays, "If we understand the mechanism and motives of the group mind, it is now possible to control and regiment the masses according to our will without them knowing it." Advertisers and psychologists of the billion dollar culture creation industry manufacture trends through the proliferation of insecurities; and manipulating desires and emotions. These concepts are also employed to control how individuals think about politics, as well as the possibilities and limitations within society. Those wielding power within our streams of mass communication market their plans into each generation as individuals adopt specific ways of thinking and never suspect that all the major events and trends within their lifetime are actually planned by an elite few before they are even born. In our society today, culture is created from the top down. Virtually all forms of culture are created by the ruling class to build a false sense of reality, ensure social compliance, and control the future course of cultural evolution.

Predictive programming is a tool used by the establishment to acclimate the public to new ideas, trends, beliefs, and threats. It is used through television by including certain situations or ideas within the plots of many fictional shows, familiarizing the viewer with these concepts no matter what they may be watching. When similar situations occur or like ideas are circulated in the world we think that these particular things are quite natural for we have unknowingly been made familiar with them through television. By viewing nearly any popular show on television, one can see the same propaganda that will be aired on the nightly news. Propaganda on a wide array of subjects has been interwoven into a great number of television shows. Just a few of these subjects include global warming, vaccinations, torture, terrorism, national security, the militarization of police, and the degradation of the family unit. Through predictive programming, television shapes culture and prevents individuals from asking questions.

Crises are created on a daily basis and broadcast across the airwaves to keep individuals in a state of panic and fear. Whether it be the threat of a pandemic or terrorism, the constant state of crisis has created a form of mental illness as we are slowly acclimated into an age of crisis. By using Hegelian dialectic, the television promotes the problem, guides our reaction, and presents the solution. The problem of terrorism was exclaimed, a strong emotional response was evoked, and it was stated that our rights need be sacrificed in order to protect us from the threat. We've lost personal sovereignty under the guise of terrorism; we're stopped and searched; we're watched by cameras as we go about our lives; and we're encouraged to spy on our neighbors. We have been trained to accept the life of a prisoner.

America is in a state of enlightened despotism where most individuals live only to satisfy selfish inner desires and remain ignorant of the state of the world around them. In most public places one can find a television transmitting propaganda around the clock ensuring the masses remain focused on trivial matters. From birth we take the world as it’s presented on television. We don't question it and any serious criticism of TV is becoming psychologically impossible in society. Who would suspect getting born into a world where everything around you is a continuous lie? The youth of today are convinced that the experts and personalities on television are the authority of credible information while parents and older generations are foolish with dated ideas. Children are conditioned to disconnect from what is truly important to their well being and instead focus on mindless trivia, sports, celebrity gossip, and buying an array of material things. They invest their psychological worth in fantasy characters on television while ignoring or even scorning individuals contributing to the betterment of humanity. They are discouraged from getting involved in their local community and often lack the ability to think independently or to resist corruption. As their children's minds are molded by television, there is barely a murmur from the public.

For over half a century, our society has lived under this signal of mental programming and conditioning. The message is clear: don't be a leader, don't engage in critical thinking, and don’t care about the people in your life. Until individuals become aware of the current information war, our standard of living and our liberties will continue to be degraded and we will continue to lose communities and meaningful relationships between people. Currently, pockets of resistance are beginning to spring up everywhere as some unplug the signal and regain control of their own thoughts. Informed individuals are canceling their cable and satellite subscriptions and instead spending time with their families and children while participating in meaningful experiences. They are seeking alternative news sources. They are reading about those who weld incredible influence over culture like Edward Bernays, Zbigniew Brzezinski, Charles Galton Darwin, Plato, Bertrand Russell, and Aldous Huxley. However, it is a continuous battle to educate the masses for the television remains our greatest threat to individual sovereignty and the largest obstacle to becoming a truly informed individual. Fortunately, unplugging from the signal is easy. The television can simply be turned off. Through doing so, you may realize nearly our entire world is now a hoax; things once known as truth are fake. We have been trained like dogs to be obedient to our television; our master has had our minds on a tight leash. Let us never forget the truth will not be televised.

Banks Bet Greece Defaults on Debt They Helped Hide

cryptogon.com

February 25th, 2010

But first, a quick walk down memory lane: Banks Bundled Bad Debt, Bet Against It and Won:

In late October 2007, as the financial markets were starting to come unglued, a Goldman Sachs trader, Jonathan M. Egol, received very good news. At 37, he was named a managing director at the firm.

Mr. Egol, a Princeton graduate, had risen to prominence inside the bank by creating mortgage-related securities, named Abacus, that were at first intended to protect Goldman from investment losses if the housing market collapsed. As the market soured, Goldman created even more of these securities, enabling it to pocket huge profits.

Goldman’s own clients who bought them, however, were less fortunate.

Pension funds and insurance companies lost billions of dollars on securities that they believed were solid investments, according to former Goldman employees with direct knowledge of the deals who asked not to be identified because they have confidentiality agreements with the firm.

Goldman was not the only firm that peddled these complex securities — known as synthetic collateralized debt obligations, or C.D.O.’s — and then made financial bets against them, called selling short in Wall Street parlance. Others that created similar securities and then bet they would fail, according to Wall Street traders, include Deutsche Bank and Morgan Stanley, as well as smaller firms like Tricadia Inc., an investment company whose parent firm was overseen by Lewis A. Sachs, who this year became a special counselor to Treasury Secretary Timothy F. Geithner.

And now…

Via: New York Times:

Bets by some of the same banks that helped Greece shroud its mounting debts may actually now be pushing the nation closer to the brink of financial ruin.

Echoing the kind of trades that nearly toppled the American International Group, the increasingly popular insurance against the risk of a Greek default is making it harder for Athens to raise the money it needs to pay its bills, according to traders and money managers.

These contracts, known as credit-default swaps, effectively let banks and hedge funds wager on the financial equivalent of a four-alarm fire: a default by a company or, in the case of Greece, an entire country. If Greece reneges on its debts, traders who own these swaps stand to profit.

“It’s like buying fire insurance on your neighbor’s house — you create an incentive to burn down the house,” said Philip Gisdakis, head of credit strategy at UniCredit in Munich.

As Greece’s financial condition has worsened, undermining the euro, the role of Goldman Sachs and other major banks in masking the true extent of the country’s problems has drawn criticism from European leaders. But even before that issue became apparent, a little-known company backed by Goldman, JP Morgan Chase and about a dozen other banks had created an index that enabled market players to bet on whether Greece and other European nations would go bust.

DNA Deception

THE TEXAS TRIBUNE

by Emily Ramshaw
February 22, 2010

When state health officials were sued last year for storing infant blood samples without parental consent, they said it was for medical research into birth defects, childhood cancer and environmental toxins. They never said they were turning over hundreds of dried blood samples to the federal government to help build a vast DNA database — a forensics tool designed to identify missing persons and crack cold cases.

A Texas Tribune review of nine years' worth of e-mails and internal documents on the Department of State Health Services’ newborn blood screening program reveals the transfer of hundreds of infant blood spots to an Armed Forces lab to build a national and, someday, international mitochondrial DNA (mtDNA) registry. The records, released after the state agreed in December to destroy more than 5 million infant blood spots, also show an effort to limit the public’s knowledge of aspects of the newborn blood program, and to manage the debate around it.

Full story HERE

Thursday, February 25, 2010

McCain’s Dietary Supplement Bill: An Attempt to Implement Codex Alimentarius


02-24-2010

By Brandon Turbeville

A bill recently introduced to the U.S. Senate, the Dietary Supplement Safety Act of 2010 (S. 3002), by Senators John McCain and Byron Dorgan is possibly the most direct assault on natural health freedom we have seen for some time. If passed into law, this bill would require all dietary supplement manufacturers, distributors, and holders all the way down to the retail store level to be comprehensively registered. It would also allow for the arbitrary banning of nutritional supplements by the FDA and the introduction of deceitful reporting of adverse events related to them.

The legislation effectively gives the FDA carte blanche to do whatever it wishes in regards to natural supplements.

The cover for this legislation is that it is designed to prevent both intentional and unintentional steroid adulteration of dietary supplements. The trigger, according to McCain, was six NFL players who were accused of doping with supplements tainted with steroids. Even with this being the case, however, the FDA already has the authority to regulate synthetic anabolic steroids via the Anabolic Control Act of 2004 which permits them to do just that. Nevertheless, under the guise of the behavior of six NFL players, an entire market that has been proven not only very safe but very healthy will be essentially regulated out of business. (NHF)

The Dietary Supplement Safety Act of 2010 would require registration of any “business or operation engaged in manufacturing, packaging, holding, distributing, labeling, or licensing a dietary supplement for consumption in the United States,” definitions which could possibly include even retail stores that sell herbal and nutritional products. (DSSA p.2) Currently, under the Dietary Supplements and Non-Prescription Consumer Protection Act, small retailers are not required to register. This, however, will change with the passage of McCain-Dorgan’s bill. (NHF)

The switch from the current practices of Serious Adverse Event Reporting to that of simply Adverse Event Reporting is of concern as well. Existing law requires the reporting of serious adverse events related to the supplement in question to be reported for regulatory and recall purposes. The McCain-Dorgan bill, however, removes the language “Serious Adverse Event” and replaces it with the term “adverse event,” opening up the floodgates for the most ridiculous possible claims of adverse events such as bad taste or even dislike of packaging. This “report everything possible” stance is will vastly increase the numbers of complaints that will hence be used to add credence to the arguments for banning supplements in the future. Not only that, but more government bureaucracies will have to be created in order to organize and sort through all of the incoming “adverse event reports.” (NHF)

Yet the most frightening aspect of this bill is the immediate effects it would have on natural supplements. Currently, due to the Dietary Supplements Health and Education Act of 1994 (DSHEA), all supplements on the market prior to October 15, 1994 can lawfully be sold in the United States. However, the legislation being proposed completely reverses this and defines a “new dietary supplement” as one that “is not included on the list of ‘Accepted Dietary Ingredients’, to be prepared, published, and maintained by the Secretary” (DSSA p.5-6). This seemingly slight change in language actually removes the grandfathering in of supplements on the market prior to 1994. These new dietary supplements will also be considered “adulterated” unless “there is a history of use or other evidence of safety establishing that the dietary ingredient when used under the conditions recommended or suggested in the labeling of the dietary supplement….” (DSSA p.5) The registrants are then required to create and maintain a “scientifically reasonable substantiation file” which is to be made available for the Secretary of Health and Human Services to inspect at his/her whim. These products are to be registered at least 75 days prior to market. (NSF)

As quoted above, the bill also mandates that an “Accepted Dietary Ingredients” list should be created by the Secretary of HHS which will replace the current guidelines. Such a list effectively gives the FDA carte blanche to do whatever it wishes in regards to natural supplements. The FDA is given absolute authority to determine what supplements are allowed on the “Accepted Dietary Ingredients” list, thereby granting it the authority to ban any supplement without due process, scientific merit, or even a hearing simply by refusing to place it on the ADI list. (NSF) The FDA will also be able to remove supplements from market even after it has allowed it to be included on its’ list. As the bill states,

“If the Secretary finds there is a reasonable probability that a dietary supplement or a product marketed or sold as a dietary supplement would cause serious, adverse, health consequences or death, or is adulterated or misbranded, the Secretary shall issue a cease distribution and notification order requiring the person named in the order to immediately – cease distribution of such dietary supplement or a product marketed or sold as a dietary supplement; notify distributors, importers, retailers, and consumers of the order; and instruct those distributors, importers, retailers, and consumers to cease distributing, importing, selling, and using the dietary supplement.”(DSSA p.9)

The cost of the recall, of course, will be absorbed by the retailer. (DSSA p.11)

While the Dietary Supplement Safety Act of 2010 is an egregious attack on Americans’ freedom of choice, it is also a symptom of an even larger problem. The McCain-Dorgan bill is not just another silly attempt by corrupt politicians to demonstrate that they still have some value to their constituents, but an attempt to implement Codex Alimentarius at the national level and move the United States away from our Common Law heritage. The European Union has already passed similar legislation in the European Union Food Supplements Directive which has decimated open access to natural dietary supplements. Canada has passed laws to the same effect in recent weeks as well.

Works Cited

“Dietary Supplement Safety Act of 2010.” February 2, 2010. http://mccain.senate.gov/public/index.cfm?FuseAction=Files.View&FileStore_id=2fe2fa5d-636b-4705-97df-8318a24f718f

“Bullet Points on McCain’s Anti-Supplement Bill S.3002.” National Health Federation. http://www.thenhf.com/press_releases/pr_19_feb_2010.html

“McCain Anti-DSHEA Bill a Clear and Present Threat to Health Freedom.” http://www.healthfreedomusa.org/?p=4608

Hustler Reports-'Sibel Edmonds: The Traitors Among Us'


By Brad Friedman
Thursday, February 18th, 2010

SIBEL EDMONDS, a former FBI translator, claims that the following government officials have committed what amount to acts of treason.

They are lawmakers Dennis Hastert, Bob Livingston, Dan Burton, Roy Blunt, Stephen Solarz and Tom Lantos, as well as at least three members of George W. Bush’s inner circle: Douglas Feith, Paul Wolfowitz and Marc Grossman. But is Sibel Edmonds credible?

“Absolutely, she’s credible,” Senator Chuck Grassley (R-Iowa) told CBS’s 60 Minutes when he was asked about her in 2002. “The reason I feel she’s very credible is because people within the FBI have corroborated a lot of her story.” Edmonds’s remarkable allegations of bribery, blackmail, infiltration of the U.S. government and the theft of nuclear secrets by foreign allies and enemies alike rocked the Bush Administration. In fact, Bush and company actually prevented Edmonds from telling the American people what she knew—up until now.

John M. Cole, an 18-year veteran of the FBI’s Counterintelligence and Counterespionage departments, revealed the panic of upper-echelon officials when Edmonds originally started talking back in 2002. “Well, the Bureau is gonna have to try to work something out with Sibel,” Cole said an FBI executive assistant told him at the time, “because they don’t want this to go out and become public.”

But they couldn’t “work something out with Sibel” because, it seems, she wasn’t looking to make a deal. Edmonds says she was looking to expose what she believed to be the ugly truth about the infiltration of the U.S. government by foreign spies. They were enabled, Edmonds claimed, by high-ranking U.S. officials and insider moles planted at nuclear weapons facilities around the nation.

“Everybody at headquarters level at the Bureau knew what she was saying was extremely accurate,” Cole said recently. “They were trying to figure out ways of keeping this whole thing quiet because they didn’t want Sibel to come out.”

Her under-oath testimony for the Ohio Election Commission, given in a recent videotaped deposition, is both shocking and horrifying. (Edmonds was the star witness for Congressional candidate David Krikorian in connection with a formal complaint initiated by Representative Jean Schmidt [R-Ohio]. Challenging her in 2008, a Krikorian flyer had accused Schmidt of accepting “blood money” from Turkish interests to help block a House bill recognizing Turkey’s genocide of Armenians in 1915.) The deposition was allowed to proceed by the Obama Administration, which chose not to invoke the draconian and little-known “State Secrets Privilege” to gag her, as the previous administration had done, twice.

Edmonds testified that Congressman Dennis Hastert (R-Illinois), a former Speaker of the House, was involved in “several categories” of corruption on behalf of Turkish agents, according to information she claims to have heard while translating and analyzing FBI counterintelligence wiretaps recorded from 1996 through 2002. She mentioned his “acceptance of large sums of bribery in forms of cash or laundered cash” coupled with the ability “to do certain favors…make certain things happen for… [the] Turkish government’s interest.”

Edmonds also alleged, on the public record, Hastert’s use of a “townhouse that was not his residence for certain not very morally accepted activities” and said that “foreign entities knew about this. In fact, they sometimes participated in some of those…activities in that particular townhouse.”

The allegations against Hastert include accepting some half-million dollars in bribes. While several FBI sources have corroborated Edmonds’s account, the best Hastert’s attorneys could do was offer a nondenial denial to the charges. But the proof, as they say, may be in the post-Congressional pudding. As Edmonds had predicted years earlier, Hastert—who left Congress in 2007—now makes $35,000 a month lobbying his old colleagues as a registered foreign agent for the Turkish government.

Former Congressman Bob Livingston (RLouisiana), who was set to become Speaker prior to Hastert until evidence of a sexual affair was revealed by Larry Flynt, was described in Edmonds’s deposition as having participated in “not very legal activities on behalf of foreign interests” before leaving office in 1999. Afterward, she said, Livingston acted “as a conduit to…further foreign interests, both overtly and covertly,” and also became both a lobbyist and “an operative” representing Turkish interests.

According to Edmonds, Representative Roy Blunt (R-Missouri)—likely to run for a U.S. Senate seat in 2010—was “the recipient of both legally and illegally raised…campaign donations from…Turkish entities.” Edmonds also claimed that hard-right Representative Dan Burton (R-Indiana), who was instrumental in the impeachment of President Bill Clinton, carried out “extremely illegal activities” and covert operations that were “against the United States citizens” and “against the United States’ interests.”

Edmonds named allegedly traitorous Democrats too. She said that former New York Congressman Stephen Solarz, now also a lobbyist, “acted as conduit to deliver or launder contributions and other bribe[s, including blackmail] to certain members of Congress.” And, according to Edmonds, the late Congressman Tom Lantos (D-California) was said to have been involved in “not only…bribe[ry], but also…disclosing [the] highest level protected U.S. intelligence and weapons technology information both to Israel and to Turkey [and] other very serious criminal conduct.”

The most overtly salacious of the allegations involved Representative Jan Schakowsky (D-Illinois), who is “married with…grown children, but she is bisexual,” according to Edmonds. The FBI whistleblower described how Schakowsky was “hooked” by Turkish agents into having a lesbian “sexual relationship with one of their spies,” and “the entire episodes of their sexual conduct was being filmed because the entire house…was bugged…to be used for certain things that they wanted to request.”

Edmonds noted, however, that she didn’t “know if she [Schakowsky] did anything illegal afterwards” since Edmonds was fired by the FBI before learning what came of that particular setup. The Turks, she said, intended to get at Schakowsky’s husband, lobbyist Robert Creamer, who in April 2006 began serving five months in prison (and 11 months of house arrest) for check-kiting and failing to collect withholding tax.

Schakowsky’s office has vehemently denied the allegations. As head of the U.S. House Intelligence Committee’s Subcommittee on Oversight and Investigation, Schakowsky might be expected to hold hearings on any of the former FBI employee’s revelations but she has not. She has also refused Edmonds’s challenge to take a polygraph test and has not yet sued her for libel, as the whistleblower has challenged her to do.

Edmonds’s most disturbing allegations, however, may be against high-ranking appointed officials in the Bush Administration. Elaborating on testimony she laid out in her sworn deposition, Edmonds told American Conservative magazine’s Phil Giraldi—a 17-year CIA counterterrorism officer—very specific details of alleged traitorous schemes perpetrated by top State and Defense Department officials. As already noted, these included Douglas Feith, Paul Wolfowitz and, perhaps most notably, former Deputy Undersecretary of State Marc Grossman, the third-highest-ranking official in the Bush State Department.

Edmonds said that Feith and Wolfowitz were involved in plans to break Iraq into U.S. and British protectorates months prior to 9/11. She also claimed that the duo shared information with Grossman on how to blackmail various officials and that Grossman had accepted cash to help procure and sell nuclear weapons technology to Israel and Turkey—and, from there, on to the foreign black market. There the technology would be purchased by the highest bidder, such as Pakistan, Iran, Libya, North Korea or possibly even al-Qaeda.

Additionally, Edmonds claimed that Grossman, the U.S. Ambassador to Turkey before taking his State Department post, had tipped off Turkish diplomats to the true identity of covert CIA operative Valerie Plame Wilson’s front company, Brewster Jennings & Associates, a full three years prior to their being publicly outed by columnist Robert Novak. That in itself, according to George H.W. Bush, would be an act of treason carried out by “the most insidious of traitors.”

Former CIA counterterrorism officer Giraldi summed up Edmonds’s disclosures to me in blunt terms: “This was a massive coordinated espionage effort directed against United States nuclear secrets engineered by foreign agents who successfully corrupted senior government officials and legislators in our Congress. It’s that simple.”

According to a declassified version of a 2005 Department of Justice Inspector General’s report, Sibel Edmonds’s allegations are “credible,” “serious” and “warrant a thorough and careful review by the FBI.”
Perhaps more damningly, the FBI’s John Cole recently confirmed a key element of Edmonds’s claims when he revealed the existence of “the FBI’s decade-long investigation” of the State Department’s Grossman. Edmonds claimed that Grossman was perhaps the top U.S. ringleader for the entire foreign espionage scheme. The probe, Cole added, “ultimately was buried and covered up.”

Cole, who now works as an intelligence contractor for the Air Force, not only finds Edmonds “very credible,” but also confirms the “ongoing and detailed effort by Turkey to develop influence in the United States” through a number of illegal means.

“Turkish individuals would ask for favors—ya know, ‘You help me out, and I’ll help you out’—and basically what would happen is the elected official would either receive money or some kind of gift,” Cole explained. “Or, if it was a government employee, I’ve seen it where after they retired, they get these very lucrative positions with a Turkish company, or whatever the country may be.”

As noted, Hastert now works for Turkey, and Grossman now works for a Turkish company and as a lobbyist—no doubt raking in a pretty penny from both. Hastert and Grossman repeatedly ignored requests to comment on these charges.

The mainstream U.S. media, however, apparently remain uninterested in investigating any of it. Not even after Cole himself called for a “Special Counsel” to investigate and prosecute. So what the hell is going on here?
Giraldi believes that, as with companies such as AIG and GM becoming “too big to fail,” the size and success of this massive national security espionage scandal has simply become too big to bust.

He told me, “You have to look at Marc Grossman being part of a much bigger operation in terms of the Israelis and the Turks obtaining influence over our legislators and over a number of senior government officials at the Pentagon and State Department. Because this thing was so big, and it affected both Democrats and Republicans, I think the U.S. government is terrified of opening up this Pandora’s box.”

Giraldi added, “The people in Congress and in the Justice Department who should be investigating this…and also in the media—because the media is tied hand and foot to government—this is all part of one big, you know, conspiracy, if you want to look at it this way. And, essentially, this is a story that they don’t want to get out.”

So why, exactly, isn’t the media covering Sibel Edmonds, whom the ACLU once described as “the most gagged person in the history of the U.S.,” now that she is finally able to tell her story? It’s a story, after all, that the legendary 1970s whistleblower Daniel Ellsberg has deemed “far more explosive than the Pentagon Papers.”

“If we had an effective mainstream media that was going after this story, that would make it come out,” Giraldi noted. “But we don’t have an effective media.” He then pointed out one more reason for the media’s reluctance to dig into this story: “According to Sibel, Grossman actually bragged that he would get from the Turks the information that they wanted to appear in an article. He would write it up, and he would fax it over to the New York Times, and they would print it just as he had written it under somebody else’s byline.”

Guess we won’t expect any coverage of this scandal from the New York Times, “the paper of record,” any time soon. And if a story isn’t covered by the Times, and thereafter picked up by everybody else, did it really happen? Given the complicity of the media with regard to Sibel Edmonds, it would appear the government never even needed to invoke the “State Secrets Privilege” in the first place.

As of this writing, HUSTLER stands to be the largest, most “corporate” U.S. outlet in which these startling, now-public, on-the-record disclosures have been reported. The moral: Pull off a large enough crime, and it becomes too big to do anything about.

Greenspan: Worst Financial Crisis EVER, INCLUDING the Great Depression

02-24-2010
Washington's Blog

Greenspan just said that the current credit crunch is "by far the greatest financial crisis, globally, ever" -- including the 1930s Great Depression.

Bloomberg notes:

Greenspan said that while the economy was in worse shape in the Great Depression, the recent financial crisis was potentially more harmful than that in the 1930s because “never had short-term credit literally withdrawn.”
Greenspan also said “fiscal affairs are threatening this outlook” for recovery.

As I pointed out last May:

The following experts have said that the economic crisis could be worse than the Great Depression:

Unfortunately, virtually everything the American government has done since the crisis started has been counterproductive. See this, this, this, this, this, this, this, this, this, this and this.

The same is true of most other governments.

In the understatement of the day, Greenspan also called the recovery "extremely unbalanced," driven largely by high earners benefiting from recovering stock markets and large corporations.

Wednesday, February 24, 2010

How Long Before You Wake Up, Politicos?


(very strong comments from a very credible source . . . )

Karl Denninger - Market Ticker

I'm going to write today about a very somber subject. It will be, as it usually is here in one form or another, about math.

First, some background. If you believe that we have "escaped" from the mess that gripped this nation in 2008 and 2009, or that said mess "suddenly appeared" and "nobody saw it coming", stop reading now and have your Thorazine dosage checked. It's way off.

Assuming you accept the truth - that this mess was 20 year or more in the making, that it involved creating credit (that is, debt) which the debtor could never pay, and that it still exists because our government policy has been to extend, pretend and allow lies that should be considered accounting fraud and result in prison sentences, then you're on the right page to understand the rest of this missive. Again, if not, go check your Thorazine dosage.

Yes, I know all about the stock market rally from last March. I know all about the claimed GDP "improvement." But I also know that we got both by adding more than $2 trillion in debt to the United States - or roughly 14% of GDP - over the space of the last 18 months. That's about 10% of GDP annualized, and incidentally, a 10% GDP contraction is the common economist's definition of an Economic Depression.

So let's cut the crap - we are in a Depression right now. We are pretending we are not, just like you can pretend you didn't really lose your job so long as your credit card does not reach its limit. We have been in that depression for about 18 months and there is no evidence that we will exit it, as we have yet to find a way to pull back the deficit spending without an instantaneous collapse in the economy.

Yet at some point we must and will stop. We will either do so of our own volition, or we will do so when the cost of borrowing skyrockets, as others get tired of funding our profligacy. If we attempt to "print" our way out of it the cost of petroleum products will shoot the moon and destroy our economy anyway.

You haven't seen the half of what happened though - not yet. It appears that AIG - the company we have bailed out (thus far) to the tune of some $100 billion plus, in fact isn't done. It appears they may have written credit protection on Greece. If this allegation by the German equivalent to The New York Times is true Americans are going to be asked to pay billions of dollars - or more likely, hundreds of billions (since Greece is almost certainly not the only place - try Spain, Portugal, Ireland, etc) to bail out a bunch of FOREIGN NATIONS.

Do you both think Americans can and will pay that bill? A bill that has been forced on us, and yet benefits not The United States economy, but foreigners?

Wars - big wars - start over much less, my friends.

Oh, and let's not forget - some 30% of Greece's workers went out on strike to protest their "austerity measures." That's right - one in three.

The Fed and our fabulous Treasury Secretary already gave tens of billions of our hard-earned money to foreign banks to prop them up via AIG. That was just a down payment; now we all get to - quite literally - buy all their houses over in Europe. They get to keep living in them.

If you do not believe it is going to get much worse than it is now, economically and otherwise, you once again need to go have that Thorazine dosage adjusted.

A recent Rasmussen poll disclosed that only 21% of the voters in this country believe that the government enjoys the consent of the governed. Put another way, only 21% of the voters in this nation consent to what Washington is doing.

More ominously, 61% say the government does NOT have consent. The remainder (18%) are not sure.

May I remind you that in 1776 less than that 21% of the population (19%, actually) were loyal to Britain?

If you do not believe this nation is wound tighter than a clock spring, you need to have that Thorazine dosage checked again.

You are in denial.

After denial comes anger, then bargaining, and finally acceptance.

Let's not do anger on a mass scale in this country, ok?

Neither I or my daughter will appreciate it if it happens; shall we skip that and go right to "acceptance"?

Let's assume your answer is "yes."

Now let's talk numbers.

There are approximately 150,000 federally-attached law enforcement personnel. Another 750,000, roughly, state and local cops are employed by our various government arms. Of those various officers well more than half sit behind a desk and haven't left one gram of shoe leather on a street or in a cruiser in the last year. The majority of you fire your weapons for periodic qualification and they have never been warm or dirty besides. You've never faced death, you've never had a weapon pointed at you in anger, and you've never drawn your service weapon in the line of duty. Those are facts.

Now consider the "bad side" of America. The Justice Department estimates there are at least one million gang members - active gang members - in America. These people, mostly young males, have nearly all drawn or fired weapons in anger. They are responsible for more than three quarters of all crime in this country, and some eight out of ten violent crimes. Those gang members have families - younger males who are "coming up", "friends" (if you can call a murderous thug a friend) and others. Between all of those "loosely attached" folks and the hard-core inner circle itself we probably have somewhere between 5 and 10 million people in this nation who, given the wrong sort of provocation, might decide that "Zombieland" wasn't just a movie.

Our politicians created most of these monsters so the "finest" would have something to do. A nearly-100-year obsession with what consenting adults put in their bodies is largely responsible for this, and an intentional policy of allowing an effective invasion of illegal aliens over our southern border provides some the most-violent core of this group. The illegal drug trade has fueled international wars, international gangs, and virtually all of the organized violent crime in this nation going back to Prohibition. Essentially every automatic weapon in the hands of criminals (and there are plenty of them) comes into the US through this same intentionally-left-open border as do the gangbangers, lies of this (and previous) administrations notwithstanding. Those of you in the Law Enforcement business may not want to accept these facts, but if you reflect on it you cannot escape reality: weapons, ammunition and other means of street thuggery all cost money, and without these drugs being illegal there would be no profit in it, and thus a huge part of the criminal gangland element would not exist. You've cheered on the War on Drugs as it has meant more cops being hired and more, better, fancier toys for you to play with, along with $200,000+ pensions (in some areas.) You've been fools and even self-destructive assholes for having done so. But that, today, is water over the dam - the bad guys are here, they're not leaving, and there's no evidence that the political class is going to suddenly legalize these substances tomorrow, cutting the source of funds for the thugs off at the knees - after all, you won't rise up and demand it happen. So we must deal with reality on the ground as it is (and as you have cheered on the creation of), whether we like it or not.

As I'm sure you're aware all of America sees some of our "finest", not to mention our politicians, in various forms of misbehavior virtually on a daily basis. A girl beaten on a train platform while uniformed rail security stands and watches. A young man who appears to have been executed by a different rail security officer, even after he was subdued, face-down, without a weapon and easily able to be cuffed. The infamous Rodney King incident. The false accusations against the Duke Lacrosse team that threatened young men with many years behind bars for something that never happened. Our current Treasury Secretary who cheated on his taxes, not to mention the chair of the House Ways and Means Committee who did as well (that's the committee that writes tax law, if you're not up on your American Government.) And now, in the latest bit of ignobility we're expected to swallow, we have accusations that a school district has been taking pictures of kids in their bedrooms using state-issued laptops that said kids were required to accept in order to pass their high school classes.

Here's the problem: We the people increasingly don't trust you, the law enforcement community, and we definitely don't trust Washington. It's not just beating a black man within an inch of his life, or shooting a prone, subdued suspect in the back.

Oh that's bad enough, don't get me wrong, but it gets worse.

Much worse.

See, our economy wasn't ruined by accident. These crimes of economic activity were every bit as destructive, if not more so, than the bank robber, rapist or even murderer is. These economic offenses have literally dispossessed millions of Americans of everything they once owned. They have destroyed the hopes, dreams, and lifestyles of entire cities, sent tens of millions of jobs overseas into slave labor camps and stripped off the wealth of our nation through the issuance of securities that were worth nothing, just to add insult (and yet more profit for these banksters) to injury. Take a drive through Detroit if you doubt me, if you dare, and are appropriately armed to defend yourself (you'll need the latter, especially if you're white.)

As I noted above the bad news is nowhere near being over. We're denying as a nation, as corporations, as politicians and as people. You've drank your coffee and eaten your donuts, but what you haven't done is taken the initiative and marched down onto Wall Street and K Street (in DC), along with the myriad bankers, mortgage brokers and yes, even borrowers who were lying and cheating at the same time. You should have broke out the handcuffs by the crate-load and frog-marched these people into the dock en-masse over the last two decades, but you didn't. You should do it today, but you won't.

I know, you don't make the laws and you just follow orders from above.

But you're who we see. You're "The Badge" or "The Squad." And what we, the people don't see is perp walks of those people who richly deserve it - who have in fact broken the law and destroyed our nation's economic vitality for their own personal profit.

Remember, ladies and gentlemen, no matter what branch of law enforcement you hail from, your primary oath was not to a person. It is not to your commander, your captain or your squad.

Your oath is to The Constitution. You swore to defend that Constitution against all enemies, foreign and domestic. You swore to God and countryman alike, and your oath does not have a "use by" date at which point it expires.

Now consider this: the unspoken "social contract" says that the good guys go about their business without harming other people, and the occasional miscreant commits some offense, gets arrested and put in the dock by you. There they face their twelve, and in many cases subsequently do their time.

But what really inhibits the miscreant from his deed? Is it that you will show up and take a report after the stereo is stolen, the car burgled or the bank robbed, and attempt post-hoc to have them face the music?

No.

It is the possibility that he will break into or attempt to rob a home or business that has an armed citizen in it who is prepared and willing to defend him or herself. Armed not only with the ability to fight back but the weapon of familiarity of surrounding, said homeowner or shopkeeper might well splatter the brain of said felonious thug all over the far wall - in righteous and perfectly-legal defense of one's person (except in places like Chicago, of course.) The truth of this is clear on its face - those places where citizens are "restricted" (illegally, I might add, under the clear language of our Constitution) from mounting their own defense to rape, robbery or murder the bad guys pretty much take turns "at will", as opposed to places like Kennesaw Georgia which mandate instead that every homeowner have a firearm and ammunition.

One last thing to consider, and I will leave you be, as I have others to address this fine day.

If it gets bad, and I believe both history and the math says it will, who's going to help you? Do you really think the entirety of the 150,000 Federal Officers will come to your aid? Or will they sit in Washington DC and in their big black Suburbans (armored, of course) issuing orders for you to go into the streets in your (unarmored) Crown Vics and die in their place? Remember that the "bad guys" in such a circumstance outnumber you 10 or even 20:1 and not only are they probably armed as well as you are, they've actually shot - offensively - at other human beings. Unless you're one of the "bad cops" you've never done that, and few of you have had to fire in self-defense. Your only realistic advantage in such a situation is that most of the gangbangers are pretty poor marksman.

What's the outcome of such an event likely to be? Remember, we may distrust you, but the bad guys hate you to the core and would BBQ and eat you for dinner if they thought they could get away with it. If things get bad they might deduce - en-masse - that they can get away with it.

Let's face facts: while today we all count on being able to pick up the phone and call "911" if we need an officer to take a report on our stolen stereo, if the bad times come you will need us, not the other way around. We the people will, under such a circumstance, have the luxury of determining whether your oath of office has been faithfully discharged, or whether the only difference at that instant between you and the gangbanger is that you've got a fancy hat and a nicer car.

Most of us, should we determine that you're just the thug with the fancy hat will hide under the desk. We won't shoot at you - that's not our way. We're law-abiding citizens, for the most part, and while we will shoot back, we won't shoot first. But what we won't do is help you, because your time - your opportunity to help us prevent this catastrophe - will have expired. We will protect our neighbors, our friends, our fellow citizens.

But that's all.

You will get to deal with Zombieland, and in the back of your mind as you're literally consumed will ring that old saw you laid on us for the last two decades: "I just follow orders; I don't make the rules."

Be honest with yourselves: Is this where you want to be, or would changing things now be worthwhile? Would regaining the trust of the people be a good thing? Would replacing the large percentage of law-abiding citizens who now would spit on your shoes with those who will stand shoulder-to-shoulder with you, weapons facing the oncoming zombie hoard, be a good thing?

If so you have some work to do and there's still time left to accomplish it.

To the politicians who are reading this, your Thorazine dosage needs adjustment as well. The math is irrefutable. If, in point of fact, AIG has entangled itself with the European Continent there is no escape from what is to come. There is only destruction, and our only two choices are to cause as much of it as we can to occur there, by pulling the plug on these clowns now, or risk a literal World War. We may get one anyway, but if we bring the bulk of the damage here we'll be dealing with a civil collapse at the same time, and have no chance of being able to deal with the geopolitical implications. We must not allow that to happen. You must not allow that to happen.

We understand you give the orders to the people I've been talking to (mostly) up above. But you have less excuse than they, when it comes to oaths. You all took an oath to uphold The Constitution as well. You've used it as toilet paper, and that's on a good day. The rest of the time we see you gleefully burning it in the Wells of the House and Senate, dancing around the smoke and fire like some odd pagan ritual.

It's time to stop. Not because you want to, not because you fear us (even though you should - after all, we're your employers and can fire you) but because if you don't there won't be a nation worth governing left. You know who the crooks are - including those among you.

Let's talk taking this nation back.

It starts with declaring all CDS written against sovereign debt, directly or indirectly, void as contrary to public policy. Yes, that cuts Europe off from any prospect of a US bailout. So be it.

Next, all the banksters who were involved in these bogus securitizations need to be hauled into the dock. Now. William Black and his merry men sent over 1,000 people to the slammer in the S&L crisis. There are ten times that many who need to go this time.

Third, force all credit-default swaps onto a public exchange with published bids, offers, last trades, open interest and nightly margining. In public, where we all can see it. Either that or ban these obscenities outright. Choose one, and only one of those two options, and do it now. Yes, I know the banksters will howl. Too damn bad, and while you're at it, make it unlawful for any institution that does business in this country to transact in any way in any instrument that does not comply with that rule. This monster, as I've been writing about for almost three years now, must be caged.

Fourth, reinstate Glass-Steagall. Yeah, I know, the Senate doesn't want to do it. The Senate wants a nation that's worth governing though, right? We won't have one if this crap isn't stopped. Mssrs. Glass and Steagall had it right in the 1930s. Put it back.

Fifth, stop lying to the people - and this includes lies told through deficit spending. We don't have the money and can't keep borrowing it. If you don't stop we will find the "knee point" the hard way, at which point once again, you won't have a nation worth governing. Remember the four steps above - neither I or my daughter, nor most of the 330 million Americans in this country, want to see the "anger" phase. Our country is like a powder keg and every time you lie you're playing with matches in the room. Stop it before you blow us all up.

Sixth, we're in a Depression, like it or not, and we're not going to get out of it until the bad debt is defaulted and cleared from the system. Your job is to make that happen and get it over with. That's deflationary. Sorry; this is math, not politics. The housing bubble was a hyperinflationary event - one hidden from the people by bogus government statistics and outright lies. Deflation always follows hyperinflationary credit booms - it's either that, or the destruction of the government, political system and currency. You choose, but if you do not decide, destruction it will be.

Seventh, close the damn border and declare all the illegal immigrants as what they are - invaders. Tell them to either leave or will expel them - and mean it. Declare "LaRaza" a terrorist organization and lock 'em all up. Americans need the jobs and we cannot afford to have five or ten million thugs just waiting for opportunity in the smallest loss of civil order to swoop in and take advantage of us all. At the same time, drop your insane "War on Drugs" and replace it with a taxation, regulation and legalization structure. Yes, I said legalize - federally. While we still have time we must cut off the chief funding source for the murderous thugs who otherwise, given the opportunity, will feast on you after they BBQ the local and state law enforcement crowd in our major cities. Don't BS me or anyone else with your claims that such isn't a real risk - I don't see you strolling around in your fancy suits through the bad parts of Washington DC sans security details. Gee, I wonder why not......

Finally, to President Obama. You can't serve both the banksters and The American People. You took the oath of office too. Now you have to choose. Not only will you lose in 2012 (badly) if you don't start locking up the jackasses that got us into this mess but if you don't ram the above seven points down the throats of these banksters and others in the next couple of months your party will be decimated in the November elections. Some of your oldest allies in the Democratic Party are resigning; Senator Bayh, for example. Illinois' State financial health is akin to someone with terminal pancreatic cancer, and that's where you're going home to in 2012 if you don't quit being nice-nice with people who have played rape-rape to the American people and economy for the last two decades. You didn't make the mess (you weren't around long enough to do it) but you had damn well better clean it up, or what will be left of this nation is unlikely to be worth governing by the time your term expires.

Health care may be important but not until the above is taken care of. Fixing the financial system is the issue you must confront and fix in its entirety. Not half-way, not by compromise - you simply must fix it. The seven points above are not options, they're not discussion points - they're mandatory. All of them. Don't believe me if you don't want to - believe Charlie Munger, one of the wisest investment professionals ever to live, and, in my opinion, the smarter half of Berkshire Hathaway (with no disrespect intended to Warren.)

The choice is yours Mr. President, but the consequences will belong to all of us.

Texas Supplied Newborn Blood Samples to U.S. Armed Forces laboratory

02-23-2010

Science Mag - Jennifer Couzin-Frankel

Dogged investigation by a non-profit online media organization in Texas has revealed that between 2003 and 2007, the state quietly gave hundreds of newborn blood samples to a U.S. Armed Forces laboratory for use in a forensics database. The revelation will likely raise questions about how newborn screening programs are run and how the samples are disseminated, almost always without families knowing where they go.

In this case, 800 blood samples were to be part of a new, national mitochondrial DNA database intended as a reference databank for the forensic community and for research into mitochondrial DNA variation—DNA we inherit from our mother. California, Minnesota, and Florida have also reportedly supplied infant blood samples to the effort, according to The Texas Tribune investigation.

Like virtually every state, Texas routinely screens almost all newborns for rare diseases, collecting a few drops of blood at birth. In recent years many states, Texas included, have stored the samples and offered them up for research, mainly in pediatrics. Because the samples are anonymous (though they may come with some demographic information, depending on the study), researchers have argued that they don't need to seek informed consent to use them.

That hasn't gone over well recently; in March of last year, a civil rights group sued the Texas screening program. In December, the state settled the case and agreed to destroy all newborn blood spots collected before May 2009, when legislation passed allowing for sample storage.

That's where the story gets interesting. The Texas Tribune describes a drawn-out effort to review records of the newborn blood spots. After a couple requests, the Texas Department of State Health Services released a batch of documents, which included a single e-mail mentioning the mtDNA project at the Armed Forces Institute of Pathology in Washington, D.C. "When the Tribune pressed health officials about the missing research files, they produced them, saying it was an oversight, and that the documents had been overlooked in their initial search," writes The Tribune's Emily Ramshaw.

There's growing concern among researchers that public wariness about the newborn screening program will create a backlash—with parents declining to screen their kids (who may end up much sicker because their disease wasn't caught early), and with the spots no longer made available for valuable pediatrics research, such as tracing the origins of childhood leukemia. This new revelation is likely to fan those flame—even if the samples in question are being destroyed.

Paul Craig Roberts : The New Economy is a Hoax

(this is a great interview with tremendous insight into what has been and is happening to the US and the world . . .)

Infowars.com

Alex welcomes back to the show Paul Craig Roberts, economist and a nationally syndicated columnist who served as an Assistant Secretary of the Treasury in the Reagan Administration earning fame as the "Father of Reaganomics." He is a former editor and columnist for the Wall Street Journal, Business Week, and Scripps Howard News Service. Roberts is the author of The Tyranny of Good Intentions: How Prosecutors and Bureaucrats Are Trampling the Constitution in the Name of Justice, and How the Economy Was Lost: The War of the Worlds.


http://vdare.com/roberts/all_columns.htm
http://www.infowars.com/


Iran to reveal evidence of Jundallah ties with U.S.

(makes perfect sense . . . when we realize that we have to keep creating and helping the boogey-men in order tio keep the war gears turning . . .)

Press TV
February 23, 2010

Iran says it has irrefutable evidence confirming that terrorist ringleader Abdolmalek Rigi had been aided and abetted by the US government before his arrest.

The leader of the Jundallah terrorist group was on a flight from the United Arab Emirates to Kyrgyzstan when he was tracked down by Iranian security forces on Tuesday.

An informed source, who spoke on condition of anonymity, told Press TV that Rigi and one of his deputies were captured after Iranian security forces forced their plane to land at an airport in the Persian Gulf city of Bandar Abbas.

Iranian security forces said he was at a US base in Afghanistan 24 hours before his capture and had a forged Afghan passport issued by the US in his possession when he was detained.

Iranian Foreign Ministry Spokesman Ramin Mehmanparast told reporters on Tuesday that there is strong evidence suggesting that Rigi was supported by the United States.

“Not only are we aware of the many crimes against humanity committed by [Rigi], but we also have more than enough evidence that this terrorist group was in fact acting on US orders,” Mehmanparast said.

“This is a disgrace for a country which tries to portray itself as an avid supporter of human rights,” he added.

The details of Rigi’s arrest and his link to the US government will be made public by the Intelligence Ministry in the near future, Mehmanparast said.

Full story HERE

Buffett's Partner: 'It's Over' for U.S. Economy

moneynews.com

Monday, 22 Feb 2010

By: Dan Weil

Charlie Munger, Warren Buffett’s longtime business partner in Berkshire Hathaway, warns in a new column that the U.S. economic empire is crumbling before our eyes, thanks to federal debt and poor planning.

In an article penned for Slate.com, Munger uses the form of a parable to explain how Wall Street’s love affair with gambling has destroyed America’s Main Street.

The article leads with this headline: “Basically, It’s Over.”

The Berkshire Hathaway vice chairman describes the economic history of Basicland, which happens to match U.S. history.

Early in its history, debt is unknown except for home mortgages and some consumer loans, and people live within their means. Speculation is discouraged, and commodities markets are small and tightly regulated.

Under this rational system, economic growth skips merrily along at a steady 3 percent, Munger explains.

Taxes are limited and pay for only “essential services” like fire protection, courts, and defense. Most taxes are collected on imports, and government spending matches that tax income. Debt via government bonds is limited.

Then things take a turn for the worse.

“The extreme prosperity of Basicland had created a peculiar outcome: As their affluence and leisure time grew, Basicland's citizens more and more whiled away their time in the excitement of casino gambling,” Munger writes.

Financial services soon grow to account for too big a portion of the economy, Munger says.

“The winnings of the casinos eventually amounted to 25 percent of Basicland's GDP, while 22 percent of all employee earnings in Basicland were paid to persons employed by the casinos, many of whom were engineers needed elsewhere.”

Then, a shock: Imported energy costs rise, and low-cost labor competition from abroad appears, Munger writes.

“Suddenly Basicland had to come up with 30 percent of its GDP every year, in foreign currency, to pay its creditors,” Munger writes.

The U.S. deficit — just the gap between spending and income in one year — is projected to hit $1.6 trillion in 2010. Total debt is project to exceed 100 percent of GDP starting in 2011.

In the parable, Munger strongly suggests that the United States take seriously the campaign of Reagan-era Fed Chairman Paul Volcker, who wants the big banks to cease pretending to be banks if they expect the freedom to trade securities on the side.

“He suggested that Basicland should strongly discourage casino gambling, partly through a complete ban on the trading in financial derivatives, and it should encourage former casino employees — and former casino patrons — to produce and sell items that foreigners were willing to buy,” Munger writes.

As the parable ends, none of the politicians listen, and Basicland turned into “Sorrowland,” Munger concludes.

Tuesday, February 23, 2010

Harvard Fellow calls for genocidal measure to curb Palestinian births

The Electronic Intifada
Tuesday, February 23, 2010

A fellow at Harvard University’s Weatherhead Center for International Affairs, Martin Kramer, has called for “the West” to take measures to curb the births of Palestinians, a proposal that appears to meet the international legal definition of a call for genocide.

Kramer, who is also a fellow at the influential Washington Institute for Near East Policy (WINEP), made the call early this month in a speech at Israel’s Herzliya conference, a video of which is posted on his blog (”Superfluous young men,” 7 February 2010).

In the speech Kramer rejected common views that Islamist “radicalization” is caused by US policies such as support for Israel, or propping up despotic dictatorships, and stated that it was inherent in the demography of Muslim societies such as Yemen, Iraq, Afghanistan and the Israeli-occupied Gaza Strip. Too many children, he argued, leads to too many “superfluous young men” who then become violent radicals.

Kramer proposed that the number of Palestinian children born in the Gaza Strip should be deliberately curbed, and alleged that this would “happen faster if the West stops providing pro-natal subsidies to Palestinians with refugee status.”

Due to the Israeli blockade, the vast majority of Palestinians in Gaza are now dependent on UN food aid. Neither the UN, nor any other agencies, provide Palestinians with specifically “pro-natal subsidies.” Kramer appeared to be equating any humanitarian assistance at all with inducement for Palestinians to reproduce.

He added, “Israel’s present sanctions on Gaza have a political aim — undermine the Hamas regime — but if they also break Gaza’s runaway population growth, and there is some evidence that they have, that might begin to crack the culture of martyrdom which demands a constant supply of superfluous young men.” This, he claimed, would be treating the issue of Islamic radicalization “at its root.”

The 1948 UN Convention on the Prevention and Punishment of the Crime of Genocide, created in the wake of the Nazi holocaust, defines genocide to include measures “intended to prevent births within” a specific “national, ethnic, racial or religious group.”

The Weatherhead Center at Harvard describes itself as “the largest international research center within Harvard University’s Faculty of Arts and Sciences.” In addition to his positions at Harvard and WINEP, Kramer is “president-designate” of Shalem College in Jerusalem, a far-right Zionist institution that aspires to be the “College of the Jewish People.”

Al Gore should testify on global warming fraud, says Senator



February 23, 2010Law Enforcement ExaminerJim Kouri

A ranking U.S. Senator is demanding that former Vice President Al Gore be a part of a comprehensive government investigation into allegations that scientists and special interest groups have perpetrated the "greatest scientific scandal of our generation."

A ranking member of the Senate Environmental and Public Works Committee, Senator James Inhofe (R-OK), is openly questioning the veracity of those within the scientific and political communities who are using so-called climate change data to push economic and social policy.

Senator Inhofe is asking the U.S. Department of Justice to investigate whether there has been research misconduct or criminal actions by the scientists involved, including Dr. Michael Mann of Pennsylvania State University and Dr. James Hansen of Columbia University and the NASA Goddard Institute of Space Science, who are suspected of manipulating their research to fulfill a political agenda.

"We knew they were cooking the science to support the flawed UN IPCC agenda. As I said on the Senate floor back in 2005 that the IPCC has demonstrated an unreasoning resistance to accepting constructive critiques of its scientific and economic methods, even in the report itself...this is a recipe for de-legitimizing the entire endeavor in terms of providing credible information that is useful to policy makers," said Inhofe.

Senator Inhofe is also demanding that former Vice President Al Gore come before the U.S. Senate to testify about what he knew -- and when he knew -- about what's become known as ClimateGate.

“In [Gore's] science fiction movie, every assertion has been rebutted,” Inhofe said. He believes Vice President Gore should defend himself and his movie before Congress.

Gore's film, An Inconvenient Truth, won an Academy Award for Best Documentary and has been heralded as a major achievement. However, more and more experts have discovered inaccuracies in the motion picture's assertions.

In his statement, Senator Inhofe said:

What emerges from our review of the emails and documents, which span a 13-year period from 1996 through November 2009, is much more than, as EPA Administrator Lisa Jackson put it, scientists who "lack interpersonal skills." Rather, the emails show the world's leading climate scientists discussing, among other things:

* Obstructing the release of damaging data and information;
* Manipulating data to reach preconceived conclusions;
* threatening journal editors who published work questioning the climate science "consensus"; and
* Assuming activist roles to influence the political process.
Meanwhile, the Congressional Budget Office estimated that the household cost of proposed environmental legislation would be $175 a year per household.

However, some industry-cited studies have put the cost much higher, some claiming possible added costs of as much as $3,000 per year per household. President Barack Obama and administration officials are on the record as backing the Senate bill especially its provision to to slash greenhouse gas emissions and boost investment in renewable energy.

Full story HERE

Controlled Geithner press conference shuts out Infowars, censors real questions

Update: Citigroup Says Feds Ordered 7 Day Restriction On Bank Withdrawals


Paul Joseph Watson
Prison Planet.com
Monday, February 22, 2010

A new advisory being sent by America’s third largest bank to its account holders has stoked fears that major financial institutions could be preparing for old fashioned bank runs if the economy takes a turn for the worse.

Originally reported by John Carney over at the Business Insider website, Citigroup is sending the following information to customers along with their bank statements.

“Effective April 1, 2010, we reserve the right to require (7) days advance notice before permitting a withdrawal from all checking accounts. While we do not currently exercise this right and have not exercised it in the past, we are required by law to notify you of this change.”

An almost identical advisory to the one being sent out can be read on page 22 of Citbank’s Client Manual effective January 1, 2010, which can be read here from Citibank’s own website.

“We reserve the right to require seven (7) days advance notice before permitting a withdrawal from all checking, savings and money market accounts. We currently do not exercise this right and have not exercised it in the past,” states the manual.

According to the Future of Capitalism blog, Citigroup originally claimed that the warning was only sent nationwide as a result of a mistake, but that the measures do apply to account holders in Texas.

However, in a statement, Citigroup confirmed that they had reserved the right to impose the new 7 day rule on all account holders nationwide, but claimed they had no plans to enforce it. The bank stated that they had been forced to enact the new policy as a result of federal regulations.

Full story HERE

Ron Paul Patriots stop Republican Neo Con attempt to co-opt Tea Party movement


Raul Salas
Infowars.com
February 22, 2010

We have all heard by now that the Republicans are in the process of taking over the Tea Party movement. The Ron Paul patriots prevented this from happening in the Houston Texas area on February 20, 2009.

Ron Paul was slated to participate in a debate against three of his challengers in the Republican Primaries at a High School auditorium in Katy, Texas a suburb of Houston that was hosted by the Katy Tea Party group.

Inside the auditorium, most of the people were mainline Republicans. It appeared to be an ambush on Ron Paul by the Neo Cons of the Republican party.

Luckily, Ron Paulers started showing up en masse, some even drove in from San Antonio! Of course Ron Paul was able to shoot down his opponents charges pretty quickly and Ron Paul supporters were vocal as well both in their support of Ron Paul and in their displeasure at Ron Paul’s opponent’s comments. This really upset the neo con challengers to Ron Paul to the point that one of the challengers started arguing with the audience.

The Neo Cons of the Republican party thought they could take over the Tea Party movement and assimilate them into the Republican party. They were upset that too many Ron Paul supporters showed up to the event to ensure that the take over did not happen. This is evident from several incidents that happened after the debate in which Neo Con Republican anger surfaced.

After the debate, there was time for a meet and greet with the candidates. Of course, Ron Paul had the largest line of supporters waiting to shake his hand and talk to him. Neo Con Tim Grainey, one of Ron Paul’s challengers stood next to the line of supporters waiting to meet Ron Paul and proclaimed he was a Constitutionalist. This drew the ire of the Ron Paul supporters and a contentious debate started with Graney that ended in some angry comments from Graney.

There was also an incident between a tea party member and Michael McCaul about Joe Petronis (his challenger) not supporting the troops and war in the Middle east. Joe Petronis also debated Mccaul on this as well. As the debate heated up, the police asked that all videotaping stop and they escorted Mccaul out of the building and to his car.

The lesson learned here is concerned citizens can prevent Neo Conservatives from continuing the wars and tyranny by showing up to events and calling out Republicans on their beliefs.

Why We are Susceptible to Manipulation

Washington’s Blog
February 23, 2010


sheeple


Biologists and sociologists tell us that our brains evolved in small groups or tribes.

As one example of how profoundly the small-group environment affected our brains, Daily Galaxy points out:

Research shows that one of the most powerful ways to stimulate more buying is celebrity endorsement. Neurologists at Erasmus University in Rotterdam report that our ability to weigh desirability and value doesn’t function normally if an item is endorsed by a well-known face. This lights up the brain’s dorsal claudate nucleus, which is involved in trust and learning. Areas linked to longer-term memory storage also fire up. Our minds overidentify with celebrities because we evolved in small tribes. If you knew someone, then they knew you. If you didn’t attack each other, you were probably pals.

Our minds still work this way, giving us the idea that the celebs we keep seeing are our acquaintances. And we want to be like them, because we’ve evolved to hate being out of the in-crowd. Brain scans show that social rejection activates brain areas that generate physical pain, probably because in prehistory tribal exclusion was tantamount to a death sentence. And scans by the National Institute of Mental Health show that when we feel socially inferior, two brain regions become more active: the insula and the ventral striatum. The insula is involved with the gut-sinking sensation you get when you feel that small. The ventral striatum is linked to motivation and reward.

In small groups, we knew everyone extremely well. No one could really fool us about what type of person they were, because we had grown up interacting with them for our whole lives.

If a tribe member dressed up and pretended he was from another tribe, we would see it in a heart-beat. It would be like seeing your father in a costume: you would recognize him pretty quickly, wouldn’t you.

As the celebrity example shows, our brains can easily be fooled by people in our large modern society when we incorrectly ascribe to them the role of being someone we should trust.

The opposite is true as well. The parts of our brain that are hard-wired to quickly recognize “outside enemies” can be fooled in our huge modern society, when it is really people we know dressed up like the “other team”.

Wolf In Sheep’s Clothing

Because of this hard-wiring in our brains from the days we lived in tiny tribes, we are highly susceptible to false flag attacks.

Specifically, if government agents dress up like the “other team” and stage an attack on their own country, most people’s “defend the tribe” hardwiring kicks in, so they rally around their leaders and call for the heads of the “other team”.

Our brains assume that we can tell truth from fiction, because they evolved in very small groups where we knew everyone extremely well, and usually could see for ourselves what was true.

On the other side of the coin, a tribal leader who talked a good game but constantly stole from and abused his group would immediately be kicked out or killed. No matter how nicely he talked, the members of the tribe would immediately see what he was doing.

But in a country of hundreds of millions of people, where the political class is shielded from the rest of the country, people don’t really know what our leaders are doing with most of the time. We only see them for a couple of minutes when they are giving speeches, or appearing in photo ops, or being interviewed. It is therefore much easier for a wolf in sheep’s clothing to succeed than in a small group setting.

As with the celebrity endorsement example, our brains are running programs which were developed for an environment (a small group) we no longer live in, and so lead us astray.

Like the blind spot in our rear view mirror, we have to learn to compensate and adapt for our imperfections, or we may get clobbered.

Grow Up

The good news is that we can evolve.

While our brains have many built-in hardwired ways of thinking and processing information, they are also amazingly “plastic“. We can learn and evolve and overcome our hardwiring – or at least compensate for our blind spots.

We are not condemned to being led astray by Madison Avenue advertisers and ruthless dictators and scientific frauds and fundamentalists.

We can choose to grow up as a species and reclaim our power to decide our own future.

Sheeple



The Black Sheep tries to warn its friends with the truth it has seen, unfortunately herd mentality kicks in for the Sheeple, and they run in fear from the black sheep and keep to the safety of their flock.

Having tried to no avail to awaken his peers, the Black Sheep have no other choice but to unite with each other and escape the impending doom.

What color Sheep are you?

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