Peter Schiff: "U.S. is In Worse Shape Than Europe"

SIC SEMPER TYRANNIS!!!
Mark Matheny
January 21, 2012

Peter Schiff appeared on Fox Business January 17, 2012 arguing that U.S. debt is out of control, and the situation in the U.S. is much worse than that of Europe.

Peter Schiff was one of the few economists who warned of the crisis that hit in 2008. His warnings were ignored, and even scoffed at as far back as 2006. It seems that his cries of another greater collapse coming may once again go unheaded.....

 

The Pentagon Admits An Elite US Commando Team Has Been Deployed Near Iran


Robert JohnsonBusiness Insider
January 20, 2012

The SEAL Team that stormed Osama bin Laden’s Abbottabad compound last May put special forces commandos on the map.
Without SEAL Team 6′s exploits that day, there is little doubt reports of a new commando team in the Persian Gulf would have raised an eyebrow.
As it is, military blogs are buzzing about Spencer Ackerman’s story at Danger Room where he reports that a new “elite commando team” is operating in the Gulf region.
Ackerman spoke with military sources that say the team, called Joint Special Operations Task Force-Gulf Coordinating Council (JSOTF-GCC), is on the ground to instruct local troops in special operations. This is the first time the U.S. has acknowledged the existence of the team.
Ackerman admits there is no proven connection to the Iranian scientist who was assassinated several days ago, and says many special-ops guys dismiss the news, saying that the new task force is simply there to advise and any connection to Iran will be “indirect at most.”
Which doesn’t make it any less interesting to add to the pile of rumors and tensions piling out of the Persian Gulf, but there are special forces teams assigned to hot-spots all over the world, and the public generally has no clue at all.
There are 2,500 Navy SEALs, about half of which are based at Little Creek Naval Amphibious Base and Dam Neck Annex in Virginia Beach, with 2,400 assigned to the Special Warfare Command (SWC).
SWC has an additional 700 Special Warfare Boat Operators, and 700 reserve personnel deployed around the world. Considering there are already two aircraft carrier groups in the Gulf now, there are likely many more special forces in the region than just this newly acknowledged task force.

Secret Service investigating Jewish newspaper column that discussed Obama assassination

Fox News
January 20, 2012


The Secret Service said it is looking into a recent op-ed from an Atlanta publisher that floated the idea of green-lighting Israeli Mossad agents to assassinate President Obama in order to improve Israel's security against enemies like Iran

The publisher and author, Andrew Adler, reportedly has apologized. 
But Jewish advocacy groups condemned his comments as "outrageous," and Secret Service spokesman George Ogilvie said the agency is "aware" of the incident. 

Read the entire article

Baby Dies After 9 Vaccines in One Day


Christina England
Vac Truth

January 20, 2012
The end of last year was masked with sadness for Belgium parents Raphaël Sirjacobs & Béatrice Dupont, as their nine week old daughter Stacy Sirjacobs lost her fight for life. Stacy died just one week after her first vaccinations and left her twin sister Lesly behind. Devastated by their loss their parents are convinced that vaccines and hospital failures were the cause of their beautiful daughters death.
Stacy and Lesly were born one month premature by Caesarean section and spent the next four days in an incubator. Stacy needed resuscitation at birth.
Following medical advice parents Sirjacobs and Dupont decided to have the twins vaccinated. Stacy was slightly unwell with a cold on the day of her vaccinations but doctors assured her parents that it was safe to give her the vaccinations.
(It is worth noting that there is a history of Sudden Infant Death and allergies in the family. The twins were being prescribed a milk supplement due to a milk allergy at the time Stacy became ill)
The twins received Prevenar, a vaccine against meningitis and pneumonia, Infanrix Hexa, a six in one vaccination for diphtheria, tetanus, polio, pertussis, hepatitis B and Haemophilus type B, and finally the Rotarix, a preventive vaccine for gastroenteritis.
This means that these tiny vulnerable babies received a staggering nine vaccines in one day, vaccines that may have caused one of them to die.
A week after her vaccinations Stacy became unwell with a fever of 39.9 degrees C. Her parents decided to administer Perdolan to lower her fever. As their daughter was still very poorly they called the hospital who advised them to bring their daughter in.

Tepco Drills Hole in Fukushima Reactor – Finds Nuclear Fuel Has Gone Missing


Washington’s Blog
January 20, 2012
noted last month in connection with Tepco’s announcement of “cold shutdown” of the Fukushima reactors:
If the reactors are “cold”, it may be because most of the hot radioactive fuel has leaked out.
The New York Times pointed out last month:
A former nuclear engineer with three decades of experience at a major engineering firm … who has worked at all three nuclear power complexes operated by Tokyo Electric [said] “If the fuel is still inside the reactor core, that’s one thing” …. But if the fuel has been dispersed more widely, then we are far from any stable shutdown.”
Indeed, if the center of the reactors are in fact relatively “cold”, it may be because most of the hot radioactive fuel has leaked out of the containment vessels and escaped into areas where it can do damage to the environment.
After drilling a hole in the containment vessel of Fukushima reactor 2, Tepco cannot find the fuel. As AP notes:
The steam-blurred photos taken by remote control Thursday found none of the reactor’s melted fuel ….
The photos also showed inner wall of the container heavily deteriorated after 10 months of exposure to high temperature and humidity, Matsumoto said.
TEPCO workers inserted the endoscope — an industrial version of the kind of endoscope doctors use — through a hole in the beaker-shaped container at the Fukushima Dai-ichi plant’s No. 2 reactor ….
The probe failed to find the water surface, which indicate the water sits at lower-than-expected levels inside the primary containment vessel and questions the accuracy of the current water monitors, Matsumoto said.
And while cold shutdown means that the water inside the reactors is below the boiling point, CNN reports:
Massive steam and water drops made it difficult to get a clear vision….
Given that steam forms when water boils, this is an indication that the reactor is not in cold shutdown.
Mainchi points out that reactors 1 and 3 are probably in no better shape:
The fuel inside the Nos. 1 to 3 reactors is believed to have melted through the pressure vessels and been accumulating in the outer primary containers after the Fukushima plant lost its key functions to cool the reactors in the wake of the earthquake and tsunami on March 11 last year.

Money Insider: US Will See Violent Civil Unrest In 2012


Armed, irritated and vocal majority will react to worsening economic decline
Paul Joseph Watson
Infowars.com
Thursday, January 19, 2012
Money insider Charles Ortel has warned that a worsening economic picture across the globe will see civil unrest hit the streets of America, not on behalf of leftist OWS types, but by an armed, “irascible and vocal Majority”.

Ortel, a managing partner with Newport Value Partners, LLC in New York City, predicts that a failure of the so-called financial recovery will precipitate “A painful re-calibration of economic strength and geo-political standing during 2012 in the midst of widespread civil insurrection and cross-border war.”
Noting that Americans’ access to firearms will cause such riots to be bloodier than anything seen in Europe, Ortel predicts that a contented and silent Majority will be turned into “an irascible and vocal Majority,” as a result of numerous macro-economic and geo-political threats facing the country, including the collapse of the euro, the bursting of the financial bubble in China, and the looming debt crisis, all of which will contribute to weak economic growth.
“Some will manage to contain their activities to peaceful protests. However, we believe the far more likely scenario is that violence will result, especially in the United States where the wider population has more ready access to weaponry and where mobs have proven impossible to restrain,” Ortel writes.
The crisis will also be exacerbated by a shift in “the governing pole of political discourse,” which will see the usual right-left paradigm replaced by a clash between young and old, with the youth of developed nations increasingly irate at seeing the elderly enjoy the security of retirement benefits while their own economic futures look increasingly bleak.

World Bank warns of more global economic turmoil ahead..IMF running out money


The Herald Sun
January 19, 2012
THE world's leading economists have warned of a new financial crisis that will cause even more damage than the GFC in 2008.
The World Bank has slashed its global economic forecasts because of the high levels of debt in rich nations.
The Washington-based lender had previously projected a 3.6 per cent annual global growth for the next two years.
But this has been drastically reduced to 2.5 per cent in 2012 and 3.1 per cent in 2013.
"The world economy has entered a very difficult phase characterised by significant downside risks and fragility," the twice-yearly Global Economic Prospects report said.
While financial turmoil appeared contained at the moment, "the risk of a much broader freezing up of capital markets and a global crisis similar in magnitude to the Lehman crisis remains".

INTERNET GOES ON STRIKE!!!

12160.info
January 18, 2012





POLICE STATE: Protect IP & SOPA Acts Will Destroy The Internet & Alternative Media As We Know It

FederalJack.com
January 18, 2012



SOPA Causes Anonymous To Declare Operation Blackout: http://www.federaljack.com/?p=158644
video courtesy of http://americancensorshiporg

New York Moves to Deploy Body Scanners on Street in Search for Guns


Kurt Nimmo
Infowars.com
January 18, 2012
NYPD Commissioner Ray Kelly told CBS in New York his department is looking to deploy Terahertz Imaging Detection scanners on the street in the war on “illegal guns.”
Kelly said the scanners would be used in “reasonably suspicious circumstances” and intended to cut down on the number of stop-and-frisks on the street. So called stop-and-frisks are considered aviolation of the Fourth Amendment.
New York City is largely a Second Amendment free zone. The city’s mayor,Michael Bloomberg, has said that citizens “acting outside of any governmental military effort” should not be allowed to protect themselves with firearms.
“The NYPD and Department of Defense are working together testing Terahertz Imaging Detection, a new way to get concealed illegal weapons off the streets,” CBS reports. Terahertz Imaging Detection measures energy radiating from the body up to 16 feet away and can detect anything blocking it.
The ACLU and civil libertarians oppose the effort to use the technology on the street. “It’s worrisome. It implicates privacy, the right to walk down the street without being subjected to a virtual pat-down by the Police Department when you’re doing nothing wrong,” the NYCLU’s Donna Lieberman said.
In addition to violating the Fourth Amendment, the proposed technology would subject citizens to a documented health risk – the destruction of DNA.
Studies reveal that THz waves “unzip double-stranded DNA, creating bubbles in the double strand that could significantly interfere with processes such as gene expression and DNA replication,” according to MIT’s Technology Review.
For more information, see this paper posted at the Cornell University Library.
If we are to believe CBS, most residents either are not concerned about the privacy aspects of the technology or think it is a reasonable trade-off to stop gun crime and terrorism.
CBS does not mention the ability of THz to destroy DNA. If they did, no doubt most people interviewed would oppose the new technology.

WHITE HOUSE DODGES OBAMA’S COLLEGE TRANSCRIPTS


Evades question with comment about tax documents


World Net Daily
January 18, 2012

The apparent stonewalling at the White House over vast areas of Barack Obama’s background continues.
In response to a question today at the daily news briefing that concerned Obama’s college records and transcripts, press spokesman Jay Carney said it was a good idea to have presidential candidates release their tax records.
Tax records?
Yes.
The question came from Ed Henry of Fox News.
“Now, I don’t know how many years – maybe you do – George Romney released of his college transcripts, but Republicans like to complain the president has not released his college transcripts. What is the stated reason for that?” he asked.
“I’d refer you to the campaign. I mean, I think,” Carney started.
“Is it a question you could take,” Henry said.
“Sure. I think we’ve answered this a bunch. I think that the tradition of releasing income tax records for presidential candidates, for serious potential nominees and nominees of the two parties is well established. It’s not a law, but it’s well established. And it’s one that this president abided by when he was a candidate as senator. It’s one that numerous Republicans and Democrats have abided by, and we just think it’s a good idea,” Carney said.
Les Kinsolving, WND’s correspondent at the White House, previously has raised the issue of documentation for Obama several times, getting shut down each time, starting with Robert Gibbs when he was Obama’s press secretary.
The earlier questions dealt with Obama’s birth documentation because of the numerous questions that remain unanswered over his eligibility under the Constitution’s requirement that a president be a “natural born citizen.”

FOREIGN COMPANY BUYS U.S. ELECTION RESULTS REPORTING FIRM

Blackboxvoting.org
January 18, 2012


In a major step towards global centralization of election processes, the world's dominant Internet voting company has purchased the USA's dominant election results reporting company.

When you view your local or state election results on the Internet, on portals which often appear to be owned by the county elections division, in over 525 US jurisdictions you are actually redirected to a private corporate site controlled by SOE software, which operates under the name ClarityElections.com.

The good news is that this firm promptly reports precinct-level detail in downloadable spreadsheet format. As reported by BlackBoxVoting.org in 2008, the bad news is that this centralizes one middleman access point for over 525 jurisdictions in AL, AZ, CA, CO, DC, FL, KY, MI, KS, IL, IN, NC, NM, MN, NY, SC, TX, UT, WA. And growing.

As local election results funnel through SOE's servers (typically before they reach the public elsewhere), those who run the computer servers for SOE essentially get "first look" at results and the ability to immediately and privately examine vote details throughout the USA.

In 2004, many Americans were justifiably concerned when, days before the presidential election, Ohio Secretary of State Ken Blackwell redirected Ohio election night results through the Tennessee-based server for several national Republican Party operations.

This is worse: This redirects results reporting to a centralized privately held server which is not just for Ohio, but national; not just USA-based, but global.

A mitigation against fraud by SOE insiders has been the separation of voting machine systems from the SOE results reports. Because most US jurisdictions require posting evidence of results from each voting machine at the precinct, public citizens can organize to examine these results to compare with SOE results. Black Box Voting spearheaded a national citizen action to videotape / photograph these poll tapes in 2008.

With the merger of SOE and SCYTL, that won't work (if SCYTL's voting system is used). When there are two truly independent sources of information, the public can perform its own "audit" by matching one number against the other.

These two independent sources, however, will now be merged into one single source: an Internet voting system controlled by SCYTL, with a results reporting system also controlled by SCYTL.

With SCYTL internet voting, there will be no ballots. No physical evidence. No chain of custody. No way for the public to authenticate who actually cast the votes, chain of custody, or the count.

SCYTL is moving into or already running elections in: the United Kingdom, France, Canada, Norway, Switzerland, United Arab Emirates, South Africa, India and Australia.

SCYTL is based in Barcelona; its funding comes from international venture capital funds including Nauta Capital, Balderton Capital and Spinnaker.

Here is the link to the press release regarding SYCTL's acquisition of SOE:

http://www.marketwatch.com/story/scytl-acquires-soe-software-becoming-the-leadin g-election-software-provider-2012-01-11

Fitch Says Greece to Default, Believes Will Be Orderly

CNBC
January 18, 2012



Rating agency Fitch said on Tuesday that Greece would default on its debt, although it said that such a default was likely to take place in an orderly manner.
The Parthenon in Greece
Scott E. Barbour | Getty Images


"It is going to happen. Greece is insolvent so it will default," Edward Parker, Managing Director for Fitch's Sovereign and Supranational Group in Europe, the Middle East and Africa told Reuters on the sidelines of a conference in the Swedish capital. "So in that sense it shouldn't be a surprise to anyone."
The Fitch comments come after Moritz Kraemer, head of Standard & Poor's rating agency's European sovereign ratings unit, said on Monday Greece would default shortly on its debt obligations.
Parker said that Fitch believed that even a voluntary agreement by private investors to take a haircut on Greek debt would constitute a default.
"We have said for a long time that we don't think this PSI is the way to go and we would treat it as a default. It clearly is a default, however they try to spin it," he said.
Parker said the worst result would would be a disorderly default.

A Run On The Global Banking System - How Close Are We?


Zerohedge
January 17, 2012

12/27/2011
Nine weeks after its bankruptcy, the general public still hasn’t quite realized the implications of the MF Global scandal.
My own sense is, this is the first tremor of the earthquake that’s coming to the global financial system. And how the central banks and financial regulators treated the “Systemically Important Financial Institutions” that had exposure to MF Global—to the detriment of the ordinary, blameless customer who got royally ripped off in its bankruptcy—is both the template of how the next financial crisis will be handled, and an accelerator that will make the next crisis happen that much sooner.
So first off, what happened with MF Global?
Simple: It went bankrupt—because it made bad bets on European sovereign debt, by way of leveraging positions 100-to-1. Yeah, I know: Stupid. Anyway, they went bankrupt—which in and of itself is no big deal. It’s not as if it’s the first time in history that a brokerage firm has gone bust. But to me, the big deal in this case was the way the bankruptcy was handled.
Now there are several extremely serious aspects to the MF Global case: Specifically, how their customers were shut out of their brokerage accounts for over a week following the bankruptcy, which made it impossible for those customers to sell out of their positions, and thus caused them to lose serious money; and of course how MF Global was more adept than Mandrake the Magician at making money disappear—about $1 billion, in fact, which still hasn’t turned up. These are quite serious issues which merit prolonged discussion, investigation, prosecution, and ultimately jailtime.
But for now, I want to discuss one narrow aspect of the MF Global bankruptcy: How authorities (mis)handled the bankruptcy—either willfully or out of incompetence—which allowed customer’s money to be stolen so as to make JPMorgan whole.
From this one issue, it seems clear to me that we can infer what will happen when the next financial crisis hits in the nearterm future.
Brokerage firms hold clients’ money in what are known as segregated accounts. This is the money that brokerage firms hold for when a customer makes a trade. If a brokerage firm goes bankrupt, these monies are never touched—because they never belonged to the firm, and thus are not part of its assets.
Think of segregated accounts as if they were the content in a safety deposit box: The bank owns the vault—but it doesn’t own the content of the safety deposit boxes inside the vault. If the bank goes broke, the customers who stored their jewelry and pornographic diaries in the safe deposit boxes don’t lose a thing. The bank is just a steward of those assets—just as a brokerage firm is the steward of those customers’ segregated accounts.

VIDEO: Fox News Caught Completely Excluding Ron Paul From Post Debate Coverage


After huge volume of complaints, Fox reporter was forced to do-over post debate breakdown revealing that Ron Paul blitzed the debate in every category
Steve Watson
Prisonplanet.com
January 17, 2012

The dirty tricks campaign against GOP presidential candidate Ron Paul reached new heights during the South Carolina debate last night, with virtual exclusion from the first 40 minutes of the program, poisonous questions in the second half, and a cringe inducing situation during the post debate analysis where Fox pundits were forced to admit that Paul had completely wiped the floor with the other candidates.
During the post debate commentary, Fox reporter John Roberts blatantly excluded Paul from the charts and graphs he presented representing feedback from viewers.
The results of Twitter surveys on which candidate had most accurately answered questions and who had performed the best were displayed with Ron Paul’s name nowhere to be seen.
Almost one hour later, Roberts was called upon to go over the results one more time, after floods of complaints from viewers asking why Paul had been left out.
“John, you caused a fury in my world.” Fox anchor Harris Faulkner began. “I have a bone to pick with you. You left off Ron Paul.” she added, before Roberts attempted to slime out of the fact hat he had totally excluded Paul from his results tally by saying that because Ron Paul won by huge margins in every category, it was unnecessary to report on it!
Roberts then went through each debate topic again with Paul added to the graphic. As he explained the result Roberts downplayed and skipped over Ron Paul’s figures in every category, causing Harris Faulkner to interject.
“John, can I stop you right there because I’m getting real time feedback.” Faulkner said. “Ron Paul did not just do well, he did the best from that chart. I just want to be fair because people are watching for this.” she added.
Roberts then laughed out loud and flippantly said “his bars are bigger than everyone else’s, we report you decide.” before once again mocking Paul’s performance as he continued the presentation.
Watch the unbelievable footage below:
The fact that Ron Paul was the outright winner of  the debate was remarkable, given the fact that the moderators had done their utmost to exclude, smear and misrepresent the Congressman earlier in the night.