Saturday, June 16, 2012

Obama Seeks US Congressional Ratification of UN Global Gun Control Treaty


Susanne Posel
Infowars.com
June 16, 2012
photoGun sculpture at the United Nations in New York.
Hillary Clinton, US Secretary of State has announced that the Obama administration is working with the United Nations (UN) to approve, through the US Congress, the Small Arms Treaty (SAT).
Clinton affirmed that the US would facilitate talks with the UN in the Conference on the Arms Trade Treaty, as long as it “operates under the rules of consensus decision-making. Consensus is needed to ensure the widest possible support for the Treaty and to avoid loopholes in the Treaty that can be exploited by those wishing to export arms irresponsibly.”
This global gun control scheme, concocted by the UN, is called the International Arms Control Treaty (IACT). Disguised as a way to combat terrorism, insurgents and international criminals, this document endeavors to secure the world’s citizens cannot defend themselves.
The IACT will empower the UN to literally force the US government to:
• Enact internationally agreed licensing requirements for Americans
• Confiscate and destroy unauthorized firearms of Americans while allowing the US government to keep theirs
• Ban trade, sale and private ownership of semi-automatic guns
• Create and mandate an international registry to organize an encompassing gun confiscation in America
Senator Jerry Moran said in a letter (signed by 44 other senators) to President Obama; warning him not to continue his push for ratification of the SAT. Moran wrote: “Our country’s sovereignty and the Second Amendment rights of American citizens must not be infringed upon by the United Nations. Today, the Senate sends a powerful message to the Obama Administration: an Arms Trade Treaty that does not protect ownership of civilian firearms will fail in the Senate. Our firearm freedoms are not negotiable.”
The US is the world’s largest exporter of firearms; while private sales between citizens, collectors and sportsmen would all be internationally regulated with the approval of IACT. This includes rules over ammunition, and procurement.
The Obama administration, in an attempt to appear coy, agreed to sign only if other states agreed to as well. Yet many Senators, the National Rifle Association (NRA) and pro-gun advocates perceive IACT as the first step in international gun control and will not abide by while Obama gives the UN over-reaching power to destroy our 2nd Amendment and our Constitutional Republic.
A final version of SAT, which is based on IACT will be drafted by 2013.

US official: Russia sends troops to Syria as peace hopes fade

msnbc
June 15, 2012



Russia is sending armed troops to Syria amid escalating violence there, United States military officials told NBC News Friday, in a move certain to frustrate Western efforts to put pressure on the regime of President Bashir Assad.
Moscow has sent a ship carrying a small contingent of combat forces to guard Russia’s deep-water port and military base at the Syrian city of Tartus, the US officials said.


U.S. Expands Secret Intelligence Operations in Africa


Craig Whitlock
Washington Post

June 15, 2012
OUAGADOUGOU, Burkina Faso — The U.S. military is expanding its secret intelligence operations across Africa, establishing a network of small air bases to spy on terrorist hideouts from the fringes of the Sahara to jungle terrain along the equator, according to documents and people involved in the project.
At the heart of the surveillance operations are small, unarmed turboprop aircraft disguised as private planes. Equipped with hidden sensors that can record full-motion video, track infrared heat patterns, and vacuum up radio and cellphone signals, the planes refuel on isolated airstrips favored by African bush pilots, extending their effective flight range by thousands of miles.
About a dozen air bases have been established in Africa since 2007, according to a former senior U.S. commander involved in setting up the network. Most are small operations run out of secluded hangars at African military bases or civilian airports.
The nature and extent of the missions, as well as many of the bases being used, have not been previously reported but are partially documented in public Defense Department contracts. The operations have intensified in recent months, part of a growing shadow war against al-Qaeda affiliates and other militant groups. The surveillance is overseen by U.S. Special Operations forces but relies heavily on private military contractors and support from African troops.

Why we must oppose Obamney for President in 2012


Mike Adams
Natural News
June 16, 2012
There is a dangerous person running for President in 2012, and his name is Baritt Obamney. I normally try not to attack specific candidates for political office, but Baritt Obamney is so offensive to American sensibilities that I had to share this warning with my fellow Americans. In 2012, we must vote against Obamney for President.

And why? Because here is what Obamney believes in, based on his actions and voting record:
• Big, bigger and even BIGGER government! The bigger the government, the better.
• GMOs: Obamney is a huge supporter of Monsanto and the biotech industry that produces genetically modified seeds. He wants all Americans to eat foods laced with pesticides grown by the crops themselves! This is all part of the mass poisoning plan to keep America sick and incapable of resisting tyranny.
• Trillion-dollar banker bailouts! Obamney was put into power by the Goldman Sachs banking elite, of course, and he wants to keep handing over trillions of dollars to his master while driving the average hard-working American into total debt slavery.
• Continued government raids on raw milk farmers and food distribution centers: Obamney is an enemy of food freedom and farm freedom, and he can’t wait to use the power of the federal government to imprison a few more Amish dairy farmers.
• Socialized medicine: Obamney believes in taking away free choice, putting in place a Big Pharma monopoly over health care, and forcing Americans to buy health insurance even if they don’t want it! This traps everyone in a system of broken medicine that doesn’t even promote wellness.
• Endless wars: Obamney is a huge fan of keeping America involved in endless wars, even if it means fabricating a fictional enemy concept — “terrorism” — to justify it. The military industrial complex, after all, pulls Obamney’s strings.
• Vaccines: Obamney is a staunch advocate of endless vaccinations for the entire population. It’s part of his strategy to inject cancer-causing stealth viruses into the population at large (http://www.naturalnews.com/033584_Dr_Maurice_Hilleman_SV40.html), thereby keeping America diseased and medically enslaved.
• Gun confiscation: Obamney is a huge fan of gun confiscation, because the worst thing for a corrupt government is for citizens to have their own individual power. That’s why Obamney wants to criminalize private gun ownership and concentrate firepower in the hands of the government’s most corrupt “loose cannon” departments: ATF, DEA and soon even the TSA. It’s so much easier to terrorize and oppress the population when they can’t shoot back.
• Runaway national debt leading to financial collapse: Perhaps the worst thing about Obamney is that he wants to keep spending America into financial ruin. This is actually being done by design so that his bankster masters can then buy up all the assets at pennies on the dollar, leaving American small business owners and wage workers living in abject poverty.
Is Obamney a member of the DemoCRIPS, or the ReBLOODlicans?
Now, I’m not sure which gang Obamney has joined: Is it the DemoCRIPS, or is it the ReBLOODlicans?
That’s the name of Gov. Jesse Ventura’s new book that exposes the total gang-style criminality of our current two-party system. Check it out at:
Whatever the case, it’s certain that Obamney isn’t a member of the Libertarian party, nor even the Green party, nor any party that advocates government serving the People rather than ruling over them.
Come to think of it, I think Obamney may be a member of the worst political party of all… the most destructive, corrupt, demented, suffocating and stupifying party that has ever come into existence: The Republicrats.

The Globalization of War: The "Military Roadmap" to World War III

Global Research
June 16, 2012



The Pentagon’s global military design is one of world conquest.
The military deployment of US-NATO forces is occurring in several regions of the world simultaneously.
The concept of the “Long War” has characterized US military doctrine since the end of World War II. The broader objective of global military dominance in support of an imperial project was first formulated under the Truman administration in the late 1940s at the outset of the Cold War.
In September 1990, some five weeks after Saddam Hussein’s Iraq invaded Kuwait, US President and Commander in Chief George Herbert Walker Bush delivered a historical address to a joint session of the US Congress and the Senate in which he proclaimed a New World Order emerging from the rubble of the Berlin Wall and the demise of the Soviet Union.
Bush Senior had envisaged a world of "peaceful international co-operation", one which was no longer locked into the confrontation between competing super powers, under the shadow of the doctrine of  "Mutually Assured Destruction" (MAD) which had characterized the Cold War era.

George H Walker Bush addressed a Joint Session
of the US Congress and the Senate, September 1990
Bush declared emphatically at the outset of what became known as "the post-Cold War era" that:

“a new partnership of nations has begun, and we stand today at a unique and extraordinary moment. The crisis in the Persian Gulf, as grave as it is, also offers a rare opportunity to move toward an historic period of cooperation. Out of these troubled times… a new world order can emerge: A new era freer from the threat of terror, stronger in the pursuit of justice and more secure in the quest for peace. An era in which the nations of the world, east and west, north and south, can prosper and live in harmony.”
Of course, speeches by American presidents are often occasions for cynical platitudes and contradictions that should not be taken at face value. After all, President Bush was holding forth on international law and justice only months after his country had invaded Panama in December 1989 causing the deaths of several thousand citizens – committing crimes comparable to what Saddam Hussein would be accused of and supposedly held to account for. Also in 1991, the US and its NATO allies went on to unleash, under a “humanitarian” mantle, a protracted war against Yugoslavia, leading to the destruction, fragmentation and impoverishment of an entire country.
Nevertheless, it is instructive to use Bush Senior’s slanted vision of a “New World Order” as a reference point for how dramatically the world has changed in the intervening 20 years of the so-called post-Cold War era, and in particular how unilaterally degenerate the contemporary international conduct of the US has become under the Clinton, G. W. Bush Junior and Obama administrations.
Bush Senior's "promise" of world peace has opened up, in the wake of the Cold War, an age of continuous warfare accompanied by a process of economic dislocation, social devastation and environmental degradation.
In a bitter irony, this concept of peaceful international co-operation and partnership was used as a pretext to unleash The Gulf War, which consisted in  "defending the sovereignty" of Kuwait and “upholding international law” following the Iraqi 1990 invasion.
Global Warfare
We are dealing with a global military agenda, namely “Global Warfare”. Far from a world of peaceful cooperation, we are living in a dystopian world of permanent wars – wars that are being waged in flagrant contravention of international law and against public opinion and interest.
Far from a “new era more secure in the quest for peace” we may see a world more akin to George Orwell’s 1984, dominated by perpetual conflict, insecurity, authoritarian surveillance, doublethink and public mind control.


A problem for many citizens is that “doublethink and mind control” have become so deeply embedded and disseminated by the mass media, including the so-called quality free press, such as The New York Times and The Guardian.



Sheriff Joe Arpaio talks to ABC15 about illegal immigration change

abc 15 News
June 16, 2012







PHOENIX - Maricopa County Sheriff Joe Arpaio sat down at ABC15 to talk about the new changes by the Obama administration to stop deporting younger illegal immigrants.
The announcement came in around 6:30 a.m. Friday that some illegal immigrants will be granted work permits if they meet certain requirements.
"I think people from Mexico are now going to feel, 'Hey come on in and we'll get by with it.' But it won't happen in this county. They will still be arrested," Arpaio said.
According to The Associated Press, this change will affect as many as 800,000 immigrants who have lived in fear of deportation.
"This seems to be politically motivated," Arpaio said. "I would rather see the president let Congress decide what to do on this issue and other illegal immigration problems."
You can watch the interview between ABC15's Connie Colla and Sheriff Arpaio in the attached video.
More information on the illegal immigration announcement can be found on ABC15.com.




Thursday, June 14, 2012

Another Worker Commits Suicide at Apple Factory

Yahoo News
June 14, 2012



A Foxconn worker fell to his death in China, the company which assembles products for Apple said Thursday, following a series of fatalities that sparked concern about conditions at its plants.
The 23-year-old, identified only by his surname Xie, fell from his rented apartment in the southwest Chinese city of Chengdu on Wednesday, according to a statement released by Hon Hai Precision Industry, Foxconn's parent company.
It said the cause of the tragedy was not immediately clear and Chengdu police were still investigating.
Taiwan tech giant Foxconn, which assembles products for Apple, Sony and Nokia, has come under the spotlight after suicides and labour unrest at its Chinese plants since 2010.
At least 13 employees died in apparent suicides in 2010, followed by several others in 2011. Activists blamed tough working conditions, leading to calls for better treatment of the company's staff.
Although Foxconn denied the accusations, it raised wages by nearly 70 percent at its China plants in 2010.
Foxconn employs about a million workers in China, roughly half of them based in its main facility in Shenzhen, which borders Hong Kong.
In order to reduce its reliance on labour, Foxconn has planned to use one million robots to do "simple" work, China Business News has quoted chairman Terry Gou saying.
Foxconn currently has 10,000 robots doing painting, welding and assembly tasks. It will increase that number to 300,000 next year and to one million in 2014, the report said.

Wednesday, June 13, 2012

US: Russia sending Syria attack helicopters

WTOP
June 13, 2012


By BRADLEY KLAPPER 
Associated Press



WASHINGTON (AP) - The Obama administration said Tuesday that Russia is sending attack helicopters to Syrian President Bashar Assad's regime and warned that the Arab country's 15-month conflict could become even deadlier.

Secretary of State Hillary Rodham Clinton said the U.S. was "concerned about the latest information we have that there are attack helicopters on the way from Russia to Syria."
She said the shipment "will escalate the conflict quite dramatically."

Clinton's comments at a public appearance with Israeli President Shimon Peres augured poorly for a peaceful solution to Syria's conflict. Officials from around the world are warning that the violence risks becoming an all-out civil war, with Middle East power brokers from Iran to Turkey possibly being drawn into the fighting.

Diplomatic hopes have rested on Washington and Moscow agreeing on a transition plan that would end the four-decade Assad regime.

But Moscow has consistently rejected the use of outside forces to end the conflict or any international plan to force regime change in Damascus. Despite withering criticism from the West, it insists that any arms it supplies to Syria are not being used to quell anti-government dissent.

With diplomacy at a standstill, the reported shipment of helicopters suggests a dangerous new turn for Syria after more than a year of harsh government crackdowns on mainly peaceful protests and the emergence of an increasingly organized armed insurgency.

There was no immediate reaction from the Russian Foreign Ministry.

Tuesday, June 12, 2012

Ventura compares parties to gangs

CNN
June 12, 2012




Fmr. Gov. Jesse Ventura, author of "DemoCRIPS and ReBLOODlicans," suggests ways to improve the political process.

Vatican and Israel to Sign Economic Agreement


Times of India
June 12, 2012
JERUSALEM: The Vatican is about to “indirectly recognize” Israel’s annexation of East Jerusalem, seen by many Palestinians as the future capital of their independent state, a media report today on Monday.
This would be done if the draft of an economic agreement between the Jewish state and the Holy See, containing no distinction between sovereign Israel and the territories occupied by it in 1967, is approved by the two sides, Ha’aretz online reported.
The lack of a preamble containing such a distinction is at the center of heightened tension between Palestinian Christian denominations and the Palestine Liberation Organisation ( PLO) and the Vatican, it said.
Palestinian sources told the Israeli daily that the agreement would mean “indirect recognition” of Israeli annexation of East Jerusalem and of the imposition of Israeli law in part of the West Bank.
France, which has special standing as custodian of holy Christian sites and Christian communities, is also said to be concerned at the apparent latent recognition of the annexation and the economic implications for the communities, and particularly its Christian institutions in the country and the people who are part of them, the report said.
Contrary to the Palestinian concern, a “well informed source” is quoted as saying that “there is nothing in the agreement to harm the rights of the Palestinians,” and that the agreement was made with the sovereign State of Israel in its internationally recognized identity, and therefore there was no need for a clarifying preamble.
The Bilateral Permanent Working Commission between the Holy See and the State of Israel is to meet in Rome today and tomorrow to continue with talks held in Jerusalem last week, addressing matters of disagreement.
Refreshing News continues:
Negotiations toward an agreement on the fiscal status of Catholic institutions in Israel have been underway for 13 years, 11 more than the original two years allocated in what is known as the “fundamental agreement”.
The signing of that accord by Israel and the Vatican on December 30, 1993 had led to the establishment of diplomatic relations between the Vatican and Israel.
Over the past few months, NGOs and members of various Christian denominations in Israel have begun to receive details about the draft agreement, which has been presented to them as a lapse and a failure by the Vatican, the daily said.
The people who informed Palestinian Christians and NGOs of their concerns preferred not to approach the Palestinian Authority (PA) immediately because they did not believe that PA could act on its own in this diplomatic and legal realm.
Members of the Christian community in Jerusalem and the West Bank have held a number of emergency meetings recently and have contacted the Vatican to make clear that the agreement under discussion is not merely a fiscal and a technical agreement, and that a lack of distinction between occupied territory and Israeli territory could have severe implications, Ha’aretz said.
The legal agreement, known as the ‘Legal Personality Agreement’ was signed on November 10, 1997, but never ratified by Israel, it said.
Meetings on fiscal issues, which relate to property rights, actions involving property by church bodies, and Issues of taxation and tax exemption, began in 1999 and have still not been concluded.
The parties decided to exclude a list, known as “Schedule 1″, of institutions on both sides of the Green Line from the text of that agreement, with regard to which they felt they would not be able to resolve differences soon.
Among the sites and institutions on the list are those in which ownership and possession are in dispute, such as properties that Israel has expropriated or whose owners were declared absentees and the Church wants to take possession of again, or sites that Israel has declared open to the public and the Church believes should remain in the private sphere.
A draft of the agreement, dated January 25, 2012, which Ha’aretz has said to have obtained, appears to address Israeli law in a general way, without relating to or alluding to Israel’s status as an occupying power according to international law, the report said.
The same is the case with regard to sites in East Jerusalem.
A Palestinian lawyer, who reflects the position of the Palestinian Christian denominations with regard to the agreement now being formulated, told Ha’aretz that in bilateral agreements with Israel there is a clause defining what is meant by “Israel” from which a distinction clearly emerges between the two sides of the Green Line.
The term “Israeli law” without any kind of codicil or restriction, is a dangerous precedent and implies recognition of the annexation of East Jerusalem and Israeli civil rule over areas of the West Bank (where a number of the sites on Schedule 1 are located), the lawyer was quoted as saying.
A well informed source quoted by the daily rejected the interpretation saying that the agreement contains no geographical reference to any institution it mentions and there are no negotiations underway over the status of institutions in East Jerusalem.
He said that the agreement recognises that “the Vatican has some obligations but [also] some immunities because of the special character of the Church and religion”.
A Foreign Ministry official, not familiar with the draft, said that the Vatican’s position is clear and is known to the ministry and has not changed – “The Vatican does not recognise Israeli sovereignty beyond the Green Line”.
The secretary general of the Organisation of Islamic Cooperation, Ekemeleddin Ihsanoglu, is said to have written a letter to Archbishop Dominque Mamberti, who is the secretary for relations with states of the Holy See.
The archbishop reportedly answered in early May that “the eventual agreement will not represent a change in the position of the Holy See”.
“The Church, with particular attention to fiscal questions, is asking the State of Israel to treat her institutions in a fair manner, wherever the State of Israel exercised its authority de facto without taking into consideration or determining whether it does so as a sovereign state or as an occupying state, thus without entering into the political aspect of the question,” Mamberti wrote.
He said that the Church remains “extraneous to all merely temporal or political conflicts…Unless the contending parties or the international institutions make concordant appeal to its mission of peace”.
The response has only increased the concerns of local Christians denominations over what they see as erosion of the Church’s position.
A number of Palestinian Christians have complained that the Church and the spiritual authority of the Vatican should have taken into consideration the special situation of Christians under Israeli occupation, and it has not done so, the report said.
As a state the Vatican is obligated to international law, and it did not take this into account in formulating the accord with Israel, they said.
The draft to be discussed over the next few days has undergone changes since January 2012, but Palestinian sources believe that these changes are not dramatic.

Freedom is Much More Than the Pauls

SIC SEMPER TYRANNIS!!!
Mark Matheny
June 12, 2012


Recently a total paradigm explosion has occurred when Senator Rand Paul came out endorsing the GOP candidate Mitt Romney.

Libertarians and Tea Party members alike must have felt as I do now..... Betrayed.

Ron Paul has for 24 years, stood for liberty and sound money as well as making America what the founding fathers originally established.

Now, it seems that both Rand and his father Ron have thrown these ideals away, or at least picked the wrong path in which to obtain them.

There were early warning signs, and yet I believe that supporters of Ron Paul (myself included) felt that Ron Paul was a strong bulwork against the threat of tyranny, and that he would never fold..... not even under the threat of death.

I thought that Ron would not compromise. I felt he would remain true to the ideas of liberty, and that he would not seek compromise under any condition. It now seems I was wrong, along with many others.

But I still believe in freedom, and I still believe that every person who supported Ron Paul, did so for the ideals he espoused for so many years. I believe that freedom is bigger than any one man. It is bigger than all men, and it is certainly bigger than every evil machination of the globalists who seek to destroy it.

We who believe in freedom must continue to forge ahead, regardless of those who fall by the wayside.

"Where there is no man, strive to be a man", is the saying of the ancient Jewish fathers, and now is the time more than ever to exercise these words of wisdom.

Do not fret that Ron and Rand have succumbed to the force of darkness that wages it's battle against the sons of Light, but rather continue forward in the steps they paved before they fell faint......



The scripures say that if it were possible, even the very elect would be decieved - and also " take heed while you stand, lest you should fall".

I will not focus on condemnation of Ron or Rand, but instead learn from them and guard myself from the same temptations of compromise.

Victory is close at hand, but the way will continue to be hard fought.

I hope to see you at the finish line,
Mark Matheny

Is The Ron Paul Era Over? Jon Rappoport Reports

 
June 12, 2012 





Last week, Ron Paul announced he had lost his battle for the nomination. He urged his troops not to disrupt the Republican Party machinery in Tampa at the convention. In a coordinated declaration, his son, Senator Rand Paul, endorsed Obama's twin, Romney, for president.

This has caused an explosion in the ranks of Ron's supporters, Tea Parties, other Constitutionalists, and people who prize individual freedom and also vote. That's a lot of people.

But was Ron ever intending to re-shape the Republican Party? Was that his proactive goal? Was he campaigning to win the nomination and become the titular head of the Republican Party and call the shots? Was he truly working to become the next president? Was he striving all-out to clean out corruption in Washington? Those are all heavy objectives.

Most importantly, when it surfaced there was the possibility he had actually won the Primaries in the first several states and had been robbed by his own Party; and when, much later, his campaign workers were going into states where delegates weren't legally bound to vote for the announced Primary winner and grabbing off those delegates, did Ron come out and say, YES, LET'S DO IT, LET'S RECLAIM THE STATES THAT ARE OURS AND LET'S UPSET THE WHOLE APPLECART? DID HE? DID HE STAGE AN ALL-OUT REVOLT? DID HE SAY THE MAJOR POLITICAL PARTIES ARE ONE BODY WITH TWO HEADS? DID HE LEAD THE CHARGE FOR A PALACE REVOLUTION?

Was that his goal?

We saw no real evidence of it.

Unless Ron comes out now and makes a tremendously convincing speech that explains his current position and reaffirms his underlying values, his political career on the national stage is finished. And if he imagines his son, Rand, who has just sold out by endorsing Romney, can take up the sword of the father in the future, he's delusional. In one day, Ron has ditched his own political career and his familial legacy.

By 2008, Ron Paul had enough cache to start a run at the presidency on his own terms as an Independent, but he didn't do it. He would have blown apart his status as a (barely) mainstream voice, but so what? Was there ever a chance the GOP establishment and its media allies would have permitted him to gain the Party's nomination for president?

Running as an Independent is a different game. You're no longer "a lone voice in the wilderness" of the two-Party system, because you have stepped outside the system. Something more is required of you. In this day and age of Internet access, you need to reach out for every inch and minute of space and time you can get online. You are supposed to stand strong and establish your beachhead and state your claim to, yes, power. The power to make real, not phony change happen.

Is this Ron Paul? Or has Ron decided that he has to shape his son's future within the framework of the Republican Party?
http://www.infowars.com/is-ron-paul-finished-on-the-national-stage/
by Jon Rappoport

Webster Tarpley on the Globalist Control of Both Parties


Infowars.com
June 12, 2012
Author and political analyst Webster Tarpley drops in for a report on the Paul imbroglio and the impending attack on Syria.

Indiana First State to Allow Citizens to ‘Shoot Law Enforcement Officers’


Noel Brinkerhoff
All Gov

June 11, 2012
Police officers in Indiana are upset over a new law allowing residents to use deadly force against public servants, including law enforcement officers, who unlawfully enter their homes. It was signed by Republican Governor Mitch Daniels in March.
The first of its kind in the United States, the law was adopted after the state Supreme Court went too far in one of its rulings last year, according to supporters. The case in question involved a man who assaulted an officer during a domestic violence call. The court ruled that there was “no right to reasonably resist unlawful entry by police officers.”
The National Rifle Association lobbied for the new law, arguing that the court decision had legalized police to commit unjustified entries.
Tim Downs, president of the Indiana State Fraternal Order of Police, which opposed the legislation, said the law could open the way for people who are under the influence or emotionally distressed to attack officers in their homes.
“It’s just a recipe for disaster,” Downs told Bloomberg. “It just puts a bounty on our heads.”
To Learn More:
Senate Enrolled Act No. 1 (Indiana Legislature)

How to lose 40 percent of your net worth in 3 years – Americans see their net worth collapse during the recession. Federal Reserve survey highlights a case of austerity for the masses and social welfare for the politically connected.

MyBudget360
June 12, 2012



Working and middle class families already feel the burden of a more limited financial middle in our economy.  What was once taken for granted such as affordable quality college education, homes with moderate mortgages, and healthcare costs that didn’t put families on the verge of bankruptcy are now largely harder to come by.  The Federal Reserve in their triennial Consumer Finance Survey (CFS) showed what most of us already know.  The middle class has been crushed since this recession.  The survey looks at data going back 18 months but the trend is unmistakable from 2007 to 2010.  Middle class families were crushed as their number one asset in housing has plummeted while stocks which are largely consolidated in the top echelons of our wage earners had a stellar recovery since 2009.  The median net worth of families fell a stunning 40 percent over this period.
From six digits to five digits
Wealth is a good measure of financial success.  It shows the ability to earn but also to save in a variety of assets.  For most Americans, housing is their number one net worth booster.  Yet with the housing bubble popping thanks to financial de-regulation and incomes being crushed, most Americans have seen their number one asset plummet to the floor.  In fact it drove the median net worth down by roughly 40 percent from six figures to five figures:
us household median net worth 2012
At the same time the stock market has done this:
case shiller and snp500
This large discrepancy in wealth but also of how the rebound has occurred also highlights the growing income inequality in our nation:
“(CNN Money) Families in the top 10% of income actually saw their net worth increase over the period, rising from a median of $1.17 million in 2007 to $1.19 million in 2010.
Meanwhile, middle-class families who ranked in the 40th to 60th percentile of income earners reported that their median income fell from $92,300 to $65,900 over the same time period.”
This is central to what is going on with our economy.  As most Americans saw their wealth contract severely, those in the top 10 percent actually saw their wealth increase.  Low wage capitalism and social welfare to financial institutions does have its benefits and this survey simply highlights what we already know with more concrete data.  The 40 percent drop in net worth simply reflects the survey in 2007 pulling data from the inflated housing bubble and currently measuring the bubble’s pop.
Contrary to the mainstream media, it is obvious the typical family is not participating in thisWall Street stock rally party.  Why?  First, many barely have enough to save to begin with.  1 out of 3 Americans do not have a cent for retirement.  We also have chronically high unemployment:
long-term unemployment
The above chart doesn’t highlight the entire picture because many people have flat out fallen off the unemployment radar as demonstrated by our civilian-participation ratio:
civilian pop ratio
So what gives with the long-term unemployment dropping?  A few things:
-People have given up looking for work
-Many have fallen off extended unemployment benefit programs
-Many are back in school to re-tool (many unfortunately are racking up student debt for worthless degrees from predatory schools)
-Many that lost good paying jobs are now “fully” employed with lower paying jobs
That is why overall household income has fallen in spite of the “raging” bull stock market since 2009:
chart-family-income.top
So the cycle continues and this story will likely garner an ADHD approved segment on the nightly news.  Even though this should be the main issue of the campaign, that is the health of our economy and our middle class, it will be filed away in the back pockets of mainstream media news rooms to make room for more car ads and advertising friendly shows to get Americans back on that consumption hamster wheel.  By the time people wake up from this slumber there will be no middle class.  The propaganda on the media tries to program people to feel guilty about having affordable quality education, access to healthcare, and the ability to purchase a home without going into hock for the rest of their lives.  Apparently what was once considered staples of the middle class is now washed away in the honor of “global competition” while major financial institutions are protected under the shield of government welfare and major paydays for CEOs.  Austerity for you and social welfare for those who know how to work the system.  As the net worth data highlights, not everyone is hurting from this new austerity world.

Monday, June 11, 2012

Former ‘God’s Banker’ could blitz Vatican with cache of secret documents

RT

June 11, 2012
The former head of the Vatican Bank has become the Papacy’s Enemy Number One, after police discovered a trove of documents exposing financial misdeeds in the Holy See. The banker now reportedly fears for his life.
Earlier this week police conducted a dawn raid on the house and office of Ettore Gotti Tedeschi. Investigators say they were looking for evidence in a graft case against defense and aerospace firm Finmeccanica, which was formerly run by a close friend of Gotti Tedeschi.
Instead, as it turns out, police stumbled upon an entirely different find.
They discovered 47 binders containing private communication exposing the opaque inner workings of the secretive Holy See.  They included financial documents, details of money transfers and confidential internal reports – all prepared by Gotti Tedeschi to build a convincing expose of corruption in the Vatican.
A renowned economics professor and head of the Italian branch of the giant Bank of Santander Gotti Tedeschi took what turned out to be a poisoned chalice of a job in 2009, when he became the President of the Institute for Works of Religion, the formal name for the Bank of Vatican. His brief was formidable – to introduce transparency to a lucrative enterprise that had become a byword for money-laundering and corruption.
After a tumultuous three years marked by in-fighting and public scandals, Gotti Tedeschi was unanimously dismissed from his post by a board of Vatican officials in May.
“I have paid for my transparency” the indignant banker said to the media, as he stormed off even before his dismissal hearing was over.

Rand’s Romney Endorsement Focused Around 2016 Presidential Run


Ron Paul campaign responds to controversy
Paul Joseph Watson
Infowars.com
Monday, June 11, 2012
After a weekend of rage amongst Ron Paul supporters over Rand Paul’s endorsement of Mitt Romney, the Ron Paul campaign has issued its first quasi-official response to the controversy in the form of a video blog by Jack Hunter which argues that the endorsement is a political move designed to position the Kentucky Senator for a presidential run in 2016.
Although Hunter makes it clear the ideas are his own, the fact that his video blog is featured as the top story on the official Ron Paul 2012 campaign website clearly suggests that the views expressed are a representation of the Ron Paul team, for whom Hunter is a frequent contributor.
Entitled Why Rand Was Right To Endorse Romney, Hunter points out that Rand Paul has always stated that he would endorse the Republican nominee and only did so when Ron Paul conceded.
Hunter explains that as the “liberty candidate with the highest probability of becoming president,” Rand Paul was mandated to endorse Romney because if he didn’t and Obama won re-election, Rand could be easily dismissed and derided by other Republican candidates during a hypothetical 2016 presidential campaign.
“If Rand had not endorsed Romney in 2012, every single Republican in that race would use his non-endorsement to bash Senator Paul relentlessly,” argues Hunter, adding that Paul would be blamed for Obama achieving a second term in office.
Should Rand Paul be victorious in securing the 2016 Republican nomination and go on to become president, “Will anyone care if Rand Paul endorsed Mitt Romney for president in 2012,” asks Hunter.
Similarly, Hunter argues that if Mitt Romney won, Rand would have more leverage to become a strong critic and a rallying point for other tea party lawmakers should Romney become a George W. Bush 2.0.
“There is no shame is compromising politically to advance principles, but we can never compromise our principles to simply advance politically,” states Hunter, noting that Senator Paul’s voting record is consistently pro-liberty.
However, judging by the heated reaction from thousands of Ron Paul supporters, the act of endorsing Romney alone, whose record clearly betrays him to be a wolf in sheep’s clothing, already signifies that Rand Paul has compromised his principles.

WE'RE HIT!!! TELEVISION June 11, 2012

WE'RE HIT!!! TELEVISION
June 11, 2012







BREAKING NEWS - Obama ORDERS limited AIR STRIKES against SYRIA!!!!

Picture
Prophetic Seer
June 11, 2012
US President Barack Obama has ordered the US Navy and Air Force to accelerate preparations for a limited air offensive against the Assad regime and the imposition of no-fly zones over Syria,DEBKAfile reports. Their mission will be to knock out Assad’s central regime and military command centers so as to shake regime stability and restrict Syrian army and air force activity for subduing rebel action and wreaking violence on civilian populations.
DEBKAfile’s sources disclose that the US President decided on this step after hearing Russian officials stating repeatedly that “Moscow would support the departure of President Bashar al-Assad if Syrians agreed to it.”  This position was interpreted as opening up two paths of action:
1.  To go for Assad’s removal by stepping up arms supplies to the rebels and organizing their forces as a professional force able to take on the military units loyal to Assad. This process was already in evidence Friday, June 8, when for the first time a Syrian Free Army (which numbers some 600 men under arms) attacked a Syrian army battalion in Damascus. One of its targets was a bus carrying Russian specialists.
2.  To select a group of high army officers who, under the pressure of the limited air offensive, would be ready to ease Assad out of power or stage a military coup to force him and his family to accept exile.

Sunday, June 10, 2012

Rand Paul Confronted on Bilderberg: ‘No Comment’ on Logan Act Violations


You Tube
June 10, 2012
Rand Paul is confronted on a variety of Issues as well as Bilderberg 2012. Did figures from U.S. politics like John Kerry violate the Logan Act by attending? Rand has no comment. Astonoshing Response! And what of the reported attendance by Mitt Romney, who Rand Paul has now endorsed?

Under Obama, Fed’s Holdings of U.S. Debt Have Jumped 452%

CNS News
June 10, 2012



(CNSNews.com) -  Since President Barack Obama was inaugurated in January 2009, the Federal Reserve’s holdings of U.S. government debt have quintupled, according to the Fed’s official monthly balance sheet.
On Jan. 28, 2009, a week after Obama’s nomination, the Fed owned$302 billion in U.S. Treasury securities. On April 25, 2012, the latest date reported, the Fed owned five and a half time that much in U.S. Treasury securities--$1.668 trillion.
That is an increase from January 2009 of $1.366 trillion—or 452 percent.
Under Obama, the Federal Reserve has become the single largest owner of U.S. government debt. When Obama entered office, entities in the People’s Republic of China were the largest holders, followed by entities in Japan. At the end of January 2009, China owned $739.6 billion in U.S. government debt and Japan owned $634.8 billion.
By the end of March 2012, China’s holdings of U.S. debt had grown to$1.1699 trillion and Japan’s holdings had grown to $1.083 trillion.
Together, the Federal Reserve, China and Japan had increased their holdings of U.S. debt by $2.2445 trillion since Obama took office.

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Aikido and Iaido