Peter Schiff: Economic Conditions Worse Now than on Black Monday

Money News
October 25, 2012

The economic backdrop that sparked the stock market crash of 1987 is still in place and has grown worse, says Peter Schiff, CEO of Euro Pacific Capital.

In 1987, “the market was spooked by concerns over international trade and government debt, which then became known as the twin deficits" — the budget deficit and the trade deficit, Schiff writes an economic commentary.

The deficits together totaled 6.4 percent of gross domestic product (GDP) then.

Flash forward to now: the deficits add up to 13 percent of GDP. “But today's investors are largely untroubled,” Schiff says.

The Federal Reserve’s massive easing program has made investors immune to worries over the deficits, he maintains. But ultimately, the joy ride will end.

“When America's creditors wake up, particularly those foreign governments now shouldering the lion's share of the burden [financing U.S. debt], concerns over our twin deficits will return with a vengeance,” Schiff says.

With the Fed so committed to quantitative easing, stocks might escape a crash, but not the dollar and Treasurys, he notes.

“Black Monday is more likely to occur in the currency and/or bond markets, with safe-haven flows moving into gold, not Treasurys.”

Marc Faber, publisher of the Gloom Boom & Doom Report, also expects exploding government debt to cause a crisis, and not just in the United States.

“I think within five to 10 years you have a colossal mess everywhere in the Western world,” he tells CNBC.

U.N. Human Rights Council Calls for Boycott of U.S. Companies

The Washington Free Beacon
October 25, 2012

U.N.'s war on Israel puts American economy in crosshairs



The Washington Free Beaconhas obtained a report soon to be released by the United Nations that calls for an international campaign of legal attacks and economic warfare on a group of American companies that do business in Israel, including Hewlett-Packard, Caterpillar Inc., and Motorola Solutions Inc.
The Human Rights Council (HRC), a body dominated by Islamic countries and known for its hostility to, and heavy focus on, the Jewish State, issued the report. The George W. Bush administration refused to participate in the HRC, but President Barack Obama joined it soon after taking office.Members of the HRC include infamous human rights abusers such as Saudi Arabia, Qatar, Jordan, Libya, China, and Cuba.
The Obama-approved body maintains a “Special Rapporteur on the situation of human rights in the Palestinian territories [sic].” The current rapporteur is American college professor Richard Falk, a 9/11 “truther” who once postedan anti-Semitic cartoon on his personal blog.
In a letter to U.N. Secretary-General Ban Ki Moon, the Anti-Defamation League’s Abraham Foxman blasted the report and the HRC’s special rapporteur: “We believe you should have prevented the Secretariat from being a party to Mr. Falk’s anti-Israel agenda. Mr. Falk’s entire tenure as Special Rapporteur has served to undermine the credibility of the institution of the United Nations.”
The report attempts to instigate a campaign of boycott, divestment, sanctions, and legal action against a litany of international companies doing business in Israel. In addition to American companies, the U.N. targets include major European firms such as Veolia Environnement, Group 4 Security, the Dexia Group, the Volvo Group.
“The costs to companies and businesses of failing to respect international humanitarian law are considerable,” the report warns, “including damage to a company’s public image, impact on shareholder decisions and share price and could result in employees being criminally responsible for rights abuses.”
The report warns American employees of targeted companies that they face legal risks.








Goods Orders Point to U.S. Business Spending Slump: Economy

Bloomberg
October 25, 2012

Orders for business equipment such as computers and communications gear stalled in September, signaling a slowdown in investment that may curb U.S. economic growth.


Bookings for non-defense capital goods excluding aircraft, considered a proxy for future spending, were little changed after rising 0.2 percent in August, a Commerce Department report showed today in Washington. Other data showed consumer confidence is climbing even as the labor market makes limited progress.
“Businesses are not prepared to commit to big-ticket investments,” said Nigel Gault, chief U.S. economist at IHS Global Insight in Lexington, Massachusetts. “The uncertainty and global slowdown are clear negatives for capital spending. The third quarter was soft, and we can’t see the fourth quarter being much better.”

Presidential Debates Prove that Obama and Romney’s Foreign Policy Is Virtually Identical


October 24, 2012

Robo Presidential Debates Prove that Obama and Romneys Foreign Policy Is Virtually IdenticalAnthony Freda: www.AnthonyFreda.com.
As made obvious by the third-party presidential debates, Romney and Obama’s foreign policy is virtually identical.
They both favor elective, preemptive wars of aggression.  They both want to force regime change in Syria, and they both characterize Iran as the “biggest threat” to the U.S.
Forbes’ Pascal-Emmanuel Gobry writes:
The debate could not plausibly be a real debate because of the following parameters: Barack Obama has essentially pursued the same foreign policy as the Bush Administration, and Romney has eschewed any fundamental critique of the Obama-Bush consensus ….
Even Jon Stewart mocked the similarity of their foreign policies:
Former British ambassador Craig Murray notes:
I have traveled this world much more extensively than either Obama or Romney, and I still do. I find everywhere, even in areas of conflict and economic difficulty, the vast majority of people are friendly, even kind, and have very similar aspirations, across cultures, to personal development and emotional fulfilment.
The striking thing about tonight’s US Presidential “foreign policy” debate, is when it did occasionally discuss foreign policy, the world out there was discussed not as a place of vast potential, but as a deeply disturbing place full of foreigners who are, apparently, all evil except the Israelis, who are perfect.
The vast benefits from cooperation and trade with “abroad” were not mentioned once that I noticed (though I confess the thing was so awful my attention wandered occasionally). Europe apparently doesn’t exist, other than Greece which is nothing more than a terrible warning of the dangers of not being right wing enough.
The correct attitude to all these foreigners that God so unfortunately and inexplicably placed on this planet, is apparently to maintain incredibly large armed forces, murder people with drones (they were both very enthusiastic on this one), place sanctions on them and declare them “currency manipulators”. The only surprising note was that both agreed that they could not kill everyone in Iran.
But “We can’t just kill our way out of this mess” was spoken with regret, rather than as an affirmation of the possibilities of cooperation instead. What a grim and joyless world view.

“Disposition Matrix”: President’s 10-Year Plan for the Kill List


Joe Wolverton, II, J.D.New American
Oct 25, 2012
There will be no end to the War on Terror and the targeting of “suspected militants” will continue and become more sophisticated, according to an article published in the Washington Post on October 23.
In the piece, Greg Miller describes a project the Obama administration has been developing for a couple of years called — in true Orwellian fashion — the “disposition matrix.”
Glen Greenwald at the Guardian (U.K.) describes the matrix’s chain of command:
The “disposition matrix” has been developed and will be overseen by the National Counterterrorism Center (NCTC). One of its purposes is “to augment” the “separate but overlapping kill lists” maintained by the CIA and the Pentagon: to serve, in other words, as the centralized clearinghouse for determining who will be executed without due process based upon how one fits into the executive branch’s “matrix”.
According to reports, the plans for perpetuating and perfecting the death-by-drone program “contains the names of terrorism suspects arrayed against an accounting of the resources being marshaled to track them down, including sealed indictments and clandestine operations.”
The article quotes “U.S. officials” saying that the matrix will improve the existing pair of kill lists (one maintained by the President, the other kept by the CIA) by “mapping plans for the ‘disposition’ of suspects beyond the reach of American drones.”
Readers unfamiliar with the argot of the White House and the intelligence community should understand that the phrase “plans for the disposition” of someone means plans for summarily executing a person who has never been accused of a crime and who has never been proven to have any plan to attack the United States or its interests.

How To Steal An Election: Obamney 2012


Prometheus Unchained
Planet Infowars
October 24, 2012
photo
The Constitution of the United States is the supreme document of the land, therefore one could consider the Constitution to be the Bible of the American Citizen. The Vote, suffrage, the Right of every American Citizen to exercise his or her Power to make their voice heard, to directly impact the direction of the Nation. The Vote is sacrosanct; it is the epitome of the American Experience and is held Sacred in the minds and hearts of those who cherish freedom.
How do you steal an election in America? Distraction, Distraction, Distraction. How much dirt can they toss into the air, how murky can they roil the waters, and the ‘ole classic Bait and Switch. Con Men operate our electoral system with the Mainstream Media running interference.
How can you tell if your election has been rigged?
The Election results do not make logical sense. Generally, one can gauge the outcome of an election based upon trends in the polls over the span of the election cycle. Recently there have been a spate of polls that made absolutely no sense whatsoever. The polls consistently displayed a dead heat while concurrently; other polls were showing different results. As the two sets of polls divergence increased, people actually started to ask questions. The anomaly was caused by oversampling of democratic voters. The frightening aspect of this consistent and stubborn act by the Mainstream Outlets, at least to me, is the construction of a narrative.
A close election within contestable margins. If the election results lean overwhelmingly for either candidate then all the subterfuge in the world cannot change the outcome. When unbiased polling occurs and the results are 50-45 and 51-45 from multiple polling organizations over a sustained period of time…then these polls are accurate. They have been tested by Truth and Time and have proved to be accurate. My apprehension over the fixed polls stems from the creation of a narrative of a dead heat election for historical purposes.
Hypothetical Example: The polls continue to trend for Romney as they are and the Electoral College Algorithm proves accurate yet the Election results end in a dead heat or an outright Obama win. There is already historical data that can be referenced to “Prove” the Narrative true. It does not matter that logic and memory serve you well, as the collective masses easily forget historical truth. The accurate polls get the “Birther” Treatment, people back off referencing them and the Narrative becomes Truth. History has been changed and the Election is remembered as a Fair and Enlightened election. Only racists, conspiracy theorists, and terrorists would ever claim it was “stolen.”
The results are delayed due to numerous legal contests. Everyone remembers the chaos of Election 2000. Lawyers, hanging-chads, talking heads, and the incessant inundation of crap, crap and crap, Ad infintum! It became OK to make fun of Jews, as long as they lived in Florida. Liberals and Conservatives were trading blows and making insane threats as lawyers muddied the waters with targeted lawsuits and challenges and recount after recount after infinite recount…I would have been ecstatic if the Supreme Court would have just let the office sit empty for a term, imagine how vastly different the world would be today.
Threats of violence and acts of violence mar the electoral process. The equivalent of the schoolyard bully intimidating your lunch money out of you. While there are always going to be loonies in the parade, it is the organized violence that is key. When there is a massive and wholly ignored threat within society who openly threaten or perform riots, mass violence, and assassination attempts if “The Other Guy” wins. This is known as voter intimidation en masse. Fear of Force simply keeps people from going to the polls.
Bloat the Vote
The importance of this aspect of vote fraud is to increase the number of votes for your particular candidate while nullifying the votes of the other guy. Early Voting is the first of these tactics, where the polls “open” weeks ahead of the election and ballots are accepted for count on Election Day. This particular tool of the Tyrant opens the system up to other types of Election Fraud, such as the famous Multiple Vote scenarios. Multiple voting is fairly self-explanatory. A voter votes multiple times for their candidate, thus slightly increasing the odds that their candidate might win. In small numbers there is little effect, however, with basic knowledge of mathematics one can already see that in large numbers this has a very real effect.
Other ways to Bloat the Vote involve the Illegal Vote where campaign operatives encourage non-citizens to vote and to vote often. This same tactic is used on the homeless and other unregistered voters, where the campaign will load up a van full of homeless people with the promise of money, and drive them from precinct to precinct while they vote and vote and vote some more.
One cannot ignore those dastardly Voter Registration Drives in which ACORN and other Election Fraud Management Organizations register thousands of imaginary people in order to get names on the voter roles. All those extra voters help enable the age-old election traditon of Ballot Box Stuffing and it’s Brand New baby brother, Electronic Ballot Stuffing. After all, no election would be legitimate if the ballots of The Dead were not counted.
Read the rest of this article on the Planet.Infowars.com social network.

Tech­noc­racy and the IMF: New Global Mon­e­tary System?

August Forecast & Review
October 24, 2012


Beware of a new trial bal­loon being floated by the Inter­na­tional Mon­e­tary Fund, that is, “The Chicago Plan Revis­ited.”
According to British jour­nalist Ambrose Evans-Pritchard,
The con­juring trick is to replace our system of pri­vate bank-created money — roughly 97pc of the money supply — with state-created money. We return to the his­tor­ical norm, before Charles II placed con­trol of the money supply in pri­vate hands with the Eng­lish Free Coinage Act of 1666.
Specif­i­cally, it means an assault on “frac­tional reserve banking”. If lenders are forced to put up 100pc reserve backing for deposits, they lose the exor­bi­tant priv­i­lege of cre­ating money out of thin air.
The nation regains sov­er­eign con­trol over the money supply. There are no more banks runs, and fewer boom-bust credit cycles. [Emphasis added]
At a time when some ivory-tower econ­o­mists are pre­dicting the end of cap­i­talism, any talk of mon­e­tary reform by global banking orga­ni­za­tions is worthy of atten­tion, if not alarm. The IMF has been one of the pri­mary engines of glob­al­iza­tion, having worked in con­junc­tion with the World Bank and the Bank for Inter­na­tional Set­tle­ments for decades.
The IMF has now dug up the so-called “Chicago Plan” from the Uni­ver­sity of Chicago dating back to 1936, and is seri­ously studying it for modern application.
Beware. As Patrick Henry once stated, “I smell a rat.”
First, the Uni­ver­sity of Chicago was orig­i­nally cre­ated with a grant from John D. Rock­e­feller in 1890, and has long been an aca­d­emic vassal of Rock­e­feller inter­ests. In 1936 during the heat of the Great Depres­sion, leading econ­o­mists were looking for alter­na­tives to cap­i­talism and mon­e­tary theory. Tech­noc­racy, for instance, was one attempt to sug­gest an alter­na­tive eco­nomic system, during the same time period. Nei­ther Tech­noc­racy nor the Chicago Plan were suc­cessful at the time.
According to the IMF’s study,
“The decade fol­lowing the onset of the Great Depres­sion was a time of great intel­lec­tual fer­ment in eco­nomics, as the leading thinkers of the time tried to under­stand the apparent fail­ures of the existing eco­nomic system. This intel­lec­tual struggle extended to many domains, but arguably the most impor­tant was the field of mon­e­tary eco­nomics, given the key roles of pri­vate bank behavior and of cen­tral bank poli­cies in trig­gering and pro­longing the crisis.
“During this time a large number of leading U.S. macro­econ­o­mists sup­ported a fun­da­mental pro­posal for mon­e­tary reform that later became known as the Chicago Plan, after its strongest pro­po­nent, pro­fessor Henry Simons of the Uni­ver­sity of Chicago. It was also sup­ported, and bril­liantly sum­ma­rized, by Irving Fisher of Yale Uni­ver­sity, in Fisher (1936). The key fea­ture of this plan was that it called for the sep­a­ra­tion of the mon­e­tary and credit func­tions of the banking system, first by requiring 100% backing of deposits by government-issued money, and second by ensuring that the financing of new bank credit can only take place through earn­ings that have been retained in the form of government-issued money, or through the bor­rowing of existing government-issued money from non-banks, but not through the cre­ation of new deposits, ex nihilo, by banks.” [Emphasis added.]
I have long argued that the Fed­eral Reserve Bank, estab­lished in 1913, is a pri­vate cor­po­ra­tion whose pri­vate stock­holders were the major banks of that time period. The Fed was a super-lobby that would work directly with gov­ern­ment to orches­trate lending and col­lecting on an orderly basis. At that time, the banks did not “own” the var­ious nations of the world, so they could not sum­marily dic­tate public policy.

Trump offers Obama $5 million for his college, passport records

The Hill
October 24, 2012


After playing up a election-shaking announcement for several days, businessman Donald Trump on Wednesday offered President Obama $5 million to release his college and passport records.

"All he has to do for $5 million to the charity or charities of his choice is get his colleges to immediately give his applications and records and also to release his passport records," Trump said in the announcement. "When he does this to my satisfaction, if it's complete, this check will be sent immediately."
Read the entire article

White House Benghazi Coverup/ Senator calls rape : "intended by God"

SIC SEMPER TYRANNIS!!! News
Mark Matheny
October 24, 2012





Mark Matheny gives his take on the recent emails on Benghazi, and the statements made by a Senator regarding Rape and the rights of women concerning abortion...

Articles Referred to in this video:
http://rt.com/usa/news/mourdock-rape-comment-gaffe-103/

http://www.cbsnews.com/8301-18563_162-57538689/emails-detail-unfolding-benghazi-attack-on-sept-11/?tag=AverageMixRelated

Nigel Farage – ‘Bailouts’ are a means for total subjugation to EU control


UKIP
Oct 24, 2012
UK Independence party leader Nigel Farage speaks in the European parliament October 2012.

Emails detail unfolding Benghazi attack on Sept. 11

CBS News
October 23, 2012


It was six weeks ago on Tuesday that terrorists attacked the U.S. Consulate in Benghazi, Libya.
Now, CBS News has obtained email alerts that were put out by the State Department as the attack unfolded. Four Americans were killed in the attack, including Ambassador Christopher Stevens.
These emails contain the earliest description so far of what happened at Benghazi the night of the attack.
At 4:05 p.m. Eastern time, on September 11, an alert from the State Department Operations Center was issued to a number government and intelligence agencies. Included were the White House Situation Room, the office of the Director of National Intelligence, and the FBI.
"US Diplomatic Mission in Benghazi Under Attack" -- "approximately 20 armed people fired shots; explosions have been heard as well. Ambassador Stevens, who is currently in Benghazi, and four COM (Chief of Mission/embassy) personnel are in the compound safe haven."
At 4:54 p.m., less than an hour later, another alert: "the firing... in Benghazi...has stopped...A response team is on site attempting to locate COM (embassy) personnel."
Then, at 6:07 p.m., State sent out another alert saying the embassy in Tripoli reported the Islamic military group "Ansar al-Sharia Claims Responsibilty for Benghazi Attack"... "on Facebook and Twitter and has called for an attack on Embassy Tripoli."
The emails are just a few in what are likely a large number traded throughout the night. They are likely to become part of the ongoing political debate over whether the administration attempted to mislead in saying the assault was an outgrowth of a protest, rather than a planned attack by terrorists.
Fourteen hours after the attack, President Obama sat down with Steve Kroft of "60 Minutes" for a previously scheduled interview and said he did not believe it was simply due to mob violence.
"You're right that this is not a situation that was -- exactly the same as what happened in Egypt and my suspicion is that there are folks involved in this who were looking to target Americans from the start," Mr. Obama said.
The White House and State Department declined comment on the email alerts. The House Oversight Committee told CBS News the information in the emails will be part of their ongoing investigation into the Benghazi attack.
© 2012 CBS Interactive Inc. All Rights Reserved.

World Bank Luminary: Breed Smaller People To Increase “Metabolic Efficiency”


Jurriaan Maessen
Infowars.com
October 23, 2012
In an article titled The Populations Problem written two days ago byHerman Daly, a former World Bank luminary and current professor at the University of Maryland suggests genetically designing smaller human beings to counter global population growth. Breeding smaller human beings, Daly asserts, “could be the simplest way of increasing metabolic efficiency (measured as number of people maintained by a given resource throughput).”
In his article, Daly rejects the argument that limiting human numbers is an automatic result of technological progress and economic growth, the so called “demographic transition”, and points to the environmental dangers posed by just lowering the birthrates through development and prosperity. Daly:
“Of course reduction in fertility by automatic correlation with rising standard of living is politically easy, while direct fertility reduction is politically difficult. But what is politically easy may be environmentally destructive.”
After prepping his argument with formulas the professor reveals his demonic side by stating that humans have long since bred plants and livestock, re-engineering them to larger size, so why not apply the same sort of engineering to human cattle. Here is the quote in full:
“(…) human organisms might be genetically redesigned to require less food, air, and water. Indeed smaller people would be the simplest way of increasing metabolic efficiency (measured as number of people maintained by a given resource throughput). To my knowledge no one has yet suggested breeding smaller people as a way to avoid limiting births, but that probably just reflects my ignorance. We have, however, been busy breeding and genetically engineering larger and faster-growing plants and livestock. So far, the latter dissipative structures have been complementary with populations of human bodies, but in a finite and full world, the relationship will soon become competitive.”
The professor, by the way, is wrong in asserting that the suggestion is his to claim. Earlier this year professor of philosophy and bioethics at New York University S. Matthew Liao wrote a paper in which he proposes a plethora of human engineering possibilities to “help humans consume less”. One of Liao’s proposals states that parents could make use of genetic engineering or hormone therapy in order to birth smaller, “less resource-intensive children”.
It seems the “ethicists” and ecological economists of this world have driven out the last shreds of humanity as one draconian measures is piled on the next in the name of reason and scientific dignity. A phrase like “dissipative structures”, used by professor Daly, is a clear example of how these academic acrobats apply scientific language to debase life.
“The population problem should be considered from the point of view of all populations — populations of both humans and their artifacts (cars, houses, livestock, cell phones, etc.) — in short, populations of all “dissipative structures” engendered, bred, or built by humans. In other words, the populations of human bodies and of their extensions. Or in yet other words, the populations of all organs that support human life and the enjoyment thereof, both endosomatic (within the skin) and exosomatic (outside the skin) organs.”
This, of course, is a case of stupid dressed like smart as the professor applies economic standard terminology to the mysterious force that is life and all its inherent beauty and depth, degrading all this to a simple formula- and making suggestions logically flowing from this formula.

Gary Johnson, Excluded From Debate, Filed Suit

Editor's Note: Like I said - if you are not "one of them" - you don't get to play...


The New American
October 22, 2012



Gary Johnson, Excluded From Debate, Filed Suit
Libertarian Party presidential candidate Gary Johnson filed suit last Friday in federal court in Washington, D.C., claiming that he meets the criteria set by the Commission on Presidential Debates (CPD) for inclusion in tonight's presidential debate.
Johnson’s campaign argues that he has earned “more than 40 percent of the vote in head-to-head polls against President Barack Obama.”

The CPD is a joint venture of the two major political parties, created in 1987 to establish the rules for the management of presidential debates.

In a statement posted on the campaign’s website, Johnson campaign attorney Alicia Dearn makes the case for Johnson’s inclusion in Monday’s event, the final debate between the two major-party candidates scheduled before Election Day.

“The CPD requirements say Johnson ‘must register support of at least 15 percent of the vote in five recent polls,’” Dearn said. “Nowhere does it say those polls must include three candidates. Indeed, the polls used by the CPD to exclude Johnson test only two candidates even though Gov. Johnson is on the ballot in 48 states. We argue that Gov. Johnson has met the specific and narrow criteria laid out by the CPD.

“Included in the two-party ‘deal’ struck by the Republicans and Democrats are the criteria by which candidates are invited to participate. As a two-term governor who is on more than enough states’ ballots to be elected in the Electoral College, the decision to exclude Gov. Johnson can only be based upon the CPD’s self-determined polling criterion — using polls that are ‘head-to-head’ surveys between Romney and Obama.”

Although it is unlikely that the two major political parties would allow their own creation to be used to challenge their electoral hegemony, perhaps the rules they established could be used to that end in an unbiased court of law.

According to the guidelines set out on the official CPD website:
Those candidates qualify for debate participation who (1) are constitutionally eligible to hold the office of President of the United States; (2) have achieved ballot access in a sufficient number of states to win a theoretical Electoral College majority in the general election; and (3) have demonstrated a level of support of at least 15 percent of the national electorate, as determined by five selected national public opinion polling organizations, using the average of those organizations' most recent publicly-reported results.
There is no argument that Governor Johnson meets the first criterion. The same, ironically, cannot be said about Barack Obama, however. There are serious unanswered questions regarding President Obama’s constitutional qualifications to be president, specifically the requirement in Article II of the Constitution that a president be a “natural born citizen” of the United States. Even assuming Obama was born in Hawaii, the fact remains that his father was not an American citizen.


CIA Claims It Needs More Drones


RT.com
October 22, 2012
The CIA has asked the White House to increase the number of drones it employs to transform it into a paramilitary force, despite recent statistics that show the majority of drone deaths are civilians.
photo
CIA Director David Petraeus submitted a proposal that could add as many as 10 drones to a program that currently ranges between 30 to 35 of the unmanned aerial vehicles. The increase would allow the agency to continue launching lethal strikes in Pakistan and Yemen, as well as target developing terror threats in other regions of the world, according to a report first acquired by the Washington Post.
The White House Counterterrorism Security Group, chaired by John O. Brennan, has not yet made a decision regarding the proposal. But Pentagon officials have previously expressed concern about the CIA’s increasing involvement in targeted killing missions, rather than focusing mainly on gathering information.
If the CIA proposal is accepted, the agency could expand its target areas to include al-Qaeda affiliates in West Africa, particularly in the Islamic Maghreb in Mali, the United Press International reported. The agency would also continue its search in Afghanistan for bin Laden successor Ayman al-Zawahiri.
With what happened in Libya, we’re realizing that these places are going to hear up,” an anonymous official told The Washington Post. “I think we’re actually looking forward a little bit.”
The CIA and the Pentagon’s elite Joint Special Operations Command have increasingly shared and switched roles in their affairs abroad. While the JSOC more frequently engages in espionage, the CIA has been borrowing military aircraft to carry out even more lethal strikes.
The CIA request for more drones comes as Pakistani Interior Minister Rehman Malik claims that 80 percent of those killed in US drone attacks are civilians. In 336 US-launched drone strikes in Pakistan, about 2,500 to 3,000 people are estimated to have been killed. According to a Stanford and New York University study, only two percent of causalities are top militants.
The Americans themselves often don’t know who they’ve hit,” campaigner and film-maker Carol Grayson told RT. “And this huge discrepancy over the figures… we’re finding out that a lot more civilians are being killed. But these are the people that the Americans don’t tell you about. And they actually class these people as ‘other.’
In early October, Malik asked the US to share its drone technology with Pakistan, claiming his government could do a better job at targeting terrorists without using them irresponsibly. But rather than share drones, the CIA wants more for its agency to use.
If the White House grants Petraeus the requested increase, the agency may be found triggering drone attacks all throughout the Muslim world.
This article first appeared on RT.com.

Mitt Romney Agreed With Barack Obama So Much Last Night It Was Shocking


Robert Libetti
Business Insider
Oct 22, 2012
Mitt Romney clearly came into Monday night’s debate with a strategy to hold the lead and appear presidential. He may have managed to do both of those things, but in the process he seemed to be agreeing with President Obama much more than anyone would have expected.
The style was such a contrast from the aggressive and effective style he employed in the first debate, it left many pundits scratching their heads.
Watch the video below to see why.

False prosperity through debt – 4 out of 10 Americans have less than $500. The dangers of building a consumption based nation.

MyBudget360
October 22, 2012



If most Americans had to choose between saving and spending, they would decide to join the spending team.  Americans are so drawn to spending that they will even purchase items they cannot afford.  Another recent survey found that 40 percent of Americans have less than $500 saved.  This aligns with a survey we found last year stating one out of every three Americans has nearly no savings.  How is it possible that in the most prosperous nation in the world that we have an addiction to spending but also financing this spending through incredibly high levels of debt?  We are reaching a level of peak debt for our nation and it is understandable that we cannot continue on this path.  Of course platitudes and lip service abound but a national debt of over $16 trillion reflects a nation willing to go into massive debt to keep the dance going for a few more hours.
Financing a generation on debt
One of the more telling charts is looking at household debt versus the actual personal savings rate:
savings and household debt
From 1950 to the early 1980s, Americans were saving roughly 10 percent of their income.  Keep in mind this also occurred during a period where companies offered generous retirement plans and pensions.  However, starting in the 1980s Americans started spending more of what they earned and financing much of their consumption.  You can see this by looking at the blue line above.  The party must have seemed like it would never end.  Household debt went from the $1 trillion range in the 1970s all the way up to over $14 trillion at our recent peak.
Financing this misadventure must have appeared like a good idea to many.  Buying houses people couldn’t afford and financing cars that many clearly could not sustain.  As a nation we are hyper-consumers.  This generation long obsession is reflected in how our government spends.  We want it all but really don’t want to pay for it.  The bill came due in the 2000s and this is why we now find our nation moving backwards and many households are struggling to get by.  The major difference this time is that households have taken their austerity pill while the connected banks have taken on trillions of dollars of bailouts and continue to make money by socializing their defeats and privatizing their ill-gotten gains.
We are running incredible deficits:
fed deficits
This is a generational pattern here since this started in the 1970s.  The reason the US is able to do this is the gains that have occurred over time.  The foundation is strong but is getting eroded.  You can gamble more after being hot for many years.  Many Americans are now seeing the hidden costs to all of this in the form of household incomes going back to 1995 levels, 46 million Americans on food stamps, and the rising cost of many items.  In other words the bill is coming due.
There is a false sense of prosperity that comes from confusing access to debt with actual wealth.  No, the real wealth in this country is largely aggregated in a few hands.  These surveys showing that Americans barely have enough to get by with one missed paycheck show a deeper issue at hand.  Many are being pushed into a low wage capitalism system.  Spending this much via banking bailouts, gifts to the too big to fail banks, and the Fed making it cheaper for people to borrow simply pushes the bill out further into the future.
Spending money you do not have is not a wise financial decision.  If you pause for a second and think about it there is logic behind this.  Yet voodoo finance and other nonsense has convinced many in the public to be like zombie hamsters and continue spending even if they are unable to support this with their declining disposable income.  The media for the most part is like a Valium pill keeping people calm enough with their reality TV and iPhones to stay occupied.  Otherwise people would realize that something is awry when half your country is nearly broke. 

UN to Monitor “Conservative Groups” at U.S. Polls


Melissa Melton
Infowars.com
October 21, 2012
“President Barack Obama has continued the secret policy of destroying the sovereignty and wealth of the United States to the benefit of the private transnational interests who control the United Nations, the CIA, Wall Street, and the global banking system.”
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Saman Mohammadi wrote the abovewhen he declared Barack Obama to be the first United Nations president back in May. This isn’t only due to the global interests our president has shown he openly serves, but Obama literally became the first president in the history of America to chair the United Nations’ Security Council in 2009 — an act in complete violation of Article 1, Section 9 of our Constitution.
Somehow then, it should be no surprise that the United Nations would come to the president’s aid to help ensure he does not lose this election day.
Yesterday The Hill reported that 44 UN-affiliated “observers” will be stationed at polling places across the U.S. this November “looking for voter suppression activities by conservative groups.”
Because the ACLU and other organizations sent a letter claiming they feared “a coordinated political effort to disenfranchise millions of Americans” from the political right, the Organization for Security and Cooperation in Europe (OSCE), a UN partner, has decided to send their monitors to our polls.
The OSCE’s website boasts it is “the world’s largest regional security organization” and that it “puts the political will of its participating States into practice through its unique network of field missions.” The organization is partners with 12 countries (including Egypt, Israel and Afghanistan) known as “Partners for Co-operation”; none of these cooperative partners are the United States.
This isn’t the first time in recent weeks we’ve seen the left take drastic measures out of fear that Obama is going to lose this November.
Just last week, Infowars’ Paul Joseph Watson reported that Obama supporters were not only threatening riots if Obama did not win the election, but some of Obama’s more die hard fans were actually straight up threatening to kill Mitt Romney if he denied Obama a second term.
Are riots possible if Obama loses? The federal government is obviously gearing up for something big when it purchases billions of rounds of mostly hollow-point ammo on the taxpayer’s dime without explanation, but an American citizen can’t even buy several hundred rounds at his local gun shopwithout getting investigated for it.
Threats of rioting and assassination from the left are apparently nothing these UN security monitors care to worry about though.
The lead-up to this year’s election has, in many ways, been unprecedented. The UN and its subgroups know they have zero jurisdiction over U.S. elections, but that isn’t stopping them from getting involved anyway. What actions the OSCE or the UN plan to take for whatever they have “monitored” at America’s ballot boxes during elections this year remains unclear.