"It is not enough to know that there is a shadow government pulling the strings of the visible government- we must also act to expose it, and defeat it!"-Mark Matheny
Climate Change No Threat, Says Czech President
Published October 19, 2010 | Reuters
Climate change is not a threat and the consequences of global warming will not be catastrophic, the President of the Czech Republic said on Tuesday.
Vaclav Klaus is a vocal sceptic on the topic of global warming. He published a book in 2007 in which he said global warming had turned into a new religion, an ideology that threatens to undermine freedom and the world's economic and social order.
"Global warming in the last 150 years was modest and future warming and its consequences will not be dangerous or catastrophic. It doesn't look like a threat we should respond to," he told a lecture in London on Tuesday.
"I don't see empirical evidence of human-caused global warming. I see so many mistakes in the methodology of science and modelling," he added.
Many analysts and scientists believe this year could be one of the warmest on record worldwide and the world's nations are trying to curb their greenhouse gas emissions based on scientific predictions of rising sea levels and temperatures.In the first four months of 2010, land and ocean temperatures were 56 degrees Fahrenheit (13.3 C) and 1.24 F (0.69 C) above the 20th century average, the warmest on record in U.S. National Oceanic and Atmospheric Administration data.
However, public opinion has shown resistance to strong action to combat climate change, especially after a U.N. summit in Copenhagen last year failed to seal a global deal on cutting greenhouse gas emissions and scandals emerged surrounding climate science.
Klaus said the debate over the threat of climate change was biased, subject to propaganda and used by governments and lobbyists to earn more power for themselves.
Over the past 10,000 years, the world's climate has been much the same as at present, he argued.
"Average surface temperatures did not vary significantly. If there has been any long-term trend, it is an overall gentle cooling trend," the president said.
He denounced scientific institutions such as the UK's Royal Society which published a layman's guide to the science of climate change in September in the hope of clarifying confusion around the issue.
"I am not impressed by heavily biased British scientific institutions," he said.
The scary actual U.S. government debt
NEIL REYNOLDS |
OTTAWA— From Wednesday's Globe and Mail
Boston University economist Laurence Kotlikoff says U.S. government debt is not $13.5-trillion (U.S.), which is 60 per cent of current gross domestic product, as global investors and American taxpayers think, but rather 14-fold higher: $200-trillion – 840 per cent of current GDP. “Let’s get real,” Prof. Kotlikoff says. “The U.S. is bankrupt.”
Writing in the September issue of Finance and Development, a journal of the International Monetary Fund, Prof. Kotlikoff says the IMF itself has quietly confirmed that the U.S. is in terrible fiscal trouble – far worse than the Washington-based lender of last resort has previously acknowledged. “The U.S. fiscal gap is huge,” the IMF asserted in a June report. “Closing the fiscal gap requires a permanent annual fiscal adjustment equal to about 14 per cent of U.S. GDP. ”
This sum is equal to all current U.S. federal taxes combined. The consequences of the IMF’s fiscal fix, a doubling of federal taxes in perpetuity, would be appalling – and possibly worse than appalling.
Prof. Kotlikoff says: “The IMF is saying that, to close this fiscal gap [by taxation], would require an immediate and permanent doubling of our personal income taxes, our corporate taxes and all other federal taxes.
Signs Hyperinflation Is Arriving
Back in late August, I argued that hyperinflation would be triggered by a run on Treasury bonds. I described how such a run might happen, and argued that if Treasuries were no longer considered safe, then commodities would become the store of value.
Such a run on commodities, I further argued, would inevitably lead to price increases and a rise in the Consumer Price Index, which would initially be interpreted by the Federal Reserve, the Federal government, as well as the commentariat, as a good thing: A sign that “the economy is recovering”, a sign that “normalcy” was returning.
I argued that—far from being “a sign of recovery”—rising CPI would be the sign that things were about to get ugly.
I concluded that, like the stagflation of ‘79, inflation would rise to the double digits relatively quickly. However, unlike in 1980, when Paul Volcker raised interest rates severely in order to halt inflation, in today’s weakened macro-economic environment, that remedy is simply not available to Ben Bernanke.
Think this economy is bad? Wait for 2012.
Washingtonpost.com
By Greg Ip
Sunday, October 24, 2010
We're barely two years past the banking crisis, still weathering the mortgage crisis and nervously watching Europe struggle with its sovereign debt crisis. Yet every economic seer has a favorite prediction about what part of the economy the next crisis will come from: Municipal bonds? Hedge funds? Derivatives? The federal debt?
I, for one, have no idea what will cause the next economic disaster. But I do have an idea of when it will begin: 2012.
Yes, an election year. Economic crises have a habit of erupting just when politicians face the voters. The reason is simple: They are born of long-festering problems such as lax lending, excessive deficits or an overvalued currency, and these are precisely the sort of problems that politicians try to ignore, hide or even double down on during campaign season, hoping to delay the reckoning until after the polls close or a new government takes office. Perversely, this only worsens the underlying imbalances, making the mess worse and the cost to the economy -- in lost income and jobs -- much higher.
Election-year prevarication has a storied history in the United States. In the summer of 1971, President Richard Nixon imposed wage and price controls in hopes of suppressing inflation pressure until after the 1972 election. He succeeded, but the result was even worse inflation in 1973 and a deep recession starting that fall.
Read the entire story
Yes, an election year. Economic crises have a habit of erupting just when politicians face the voters. The reason is simple: They are born of long-festering problems such as lax lending, excessive deficits or an overvalued currency, and these are precisely the sort of problems that politicians try to ignore, hide or even double down on during campaign season, hoping to delay the reckoning until after the polls close or a new government takes office. Perversely, this only worsens the underlying imbalances, making the mess worse and the cost to the economy -- in lost income and jobs -- much higher.
Election-year prevarication has a storied history in the United States. In the summer of 1971, President Richard Nixon imposed wage and price controls in hopes of suppressing inflation pressure until after the 1972 election. He succeeded, but the result was even worse inflation in 1973 and a deep recession starting that fall.
Read the entire story
2010 Spending shatters Previous Records
The Dylan Ratigan Show
October 27, 2010
Lobbyist Jimmy Williams and former lobbyist Fred Webber discuss the secret money funding this year's campaigns.
http://www.msnbc.msn.com/id/32450072/vp/39875666#39875666
October 27, 2010
Lobbyist Jimmy Williams and former lobbyist Fred Webber discuss the secret money funding this year's campaigns.
http://www.msnbc.msn.com/id/32450072/vp/39875666#39875666
When Truth Becomes Treason
SIC SEMPER TYRANNIS!!! Exclusive
Carolyn Lanham
Truth Message
Carolyn Lanham
Truth Message
Truth becomes treason in a totalitarianism police state,
Buried, repressed, mocked, rejected while common sense and free
speech is labled as extremism, intolerance and hate,
Wide open borders, rising crime, even now pre-crimes before the committed act,
Soldiers trained in domestic law here on our streets as they return from Iraq .
911 and false flag terrorism an excuse for Homeland Security and the Patriot
Act into law,
Dictatorial Executive Orders in position to complete Freedom’s fall.
Martial Law, financial meltdown, the self appointed elite think they’ve sealed our fate,
Order out of Chaos, create the problem for the solution, is our illegitimate government’s mandate.
Miracle oh, miracle---we call on God for guidance, we repent and we pray.
We ask for His forgiveness, a little more time to save the day.
We hear the faint sounds of distant marching feet,
Marching across Concord Bridge , they refused to admit defeat,
Forging ahead hand in hand, the resistance--- on the rise ‘til the bitter end,
Enemies of freedom here’s our message we bravely send.
We patriots are engaged, in an information war,
truth we spread street to street, email and the internet from shore to shore.
We refuse your Prison Planet you can take it to the international banksters who
also determine your brownshirted fate-
God save America -we will not live in your Treasonous Police State.
Carolyn Lanham
Whistleblower: Coast Guard Implementing Martial Law
James CorbettThe Corbett Report
27 October, 2010
Earlier this month, the United States Coast Guard upheld its self-declared status as a 'special' branch of the military with the ability to prosecute civilians in military tribunals. This startling declaration, unreported in the media, came in a Decision on Appeal related to the case of Lieutenant Eric Shine, a commissioned Naval officer in the Merchant Marines and a graduate of Kings Point Military Service Academy, and was penned by the Vice Commandant of the Coast Guard. The decision can be downloaded and read here.
The Coast Guard began proceedings to strip Lieutenant Shine of his merchant mariner license in March, 2003, supposedly as the result of incidents related to his service on two private vessels in 2001. In actuality, as Lieutenant Shine points out, the charges were brought in retaliation for attempting to blow the whistle on illegal dumping and other practices he had been asked to engage in during his employment. The Coast Guard's case against him rested on two hostile witnesses (who had previously been named by Shine in his whistleblower litigation) and the Chief of the Coast Guard Medical Evaluations Office, an officer in the Coast Guard who had never examined Shine but was willing to testify to his medical incompetence.
Read the entire article
27 October, 2010
Earlier this month, the United States Coast Guard upheld its self-declared status as a 'special' branch of the military with the ability to prosecute civilians in military tribunals. This startling declaration, unreported in the media, came in a Decision on Appeal related to the case of Lieutenant Eric Shine, a commissioned Naval officer in the Merchant Marines and a graduate of Kings Point Military Service Academy, and was penned by the Vice Commandant of the Coast Guard. The decision can be downloaded and read here.
The Coast Guard began proceedings to strip Lieutenant Shine of his merchant mariner license in March, 2003, supposedly as the result of incidents related to his service on two private vessels in 2001. In actuality, as Lieutenant Shine points out, the charges were brought in retaliation for attempting to blow the whistle on illegal dumping and other practices he had been asked to engage in during his employment. The Coast Guard's case against him rested on two hostile witnesses (who had previously been named by Shine in his whistleblower litigation) and the Chief of the Coast Guard Medical Evaluations Office, an officer in the Coast Guard who had never examined Shine but was willing to testify to his medical incompetence.
Read the entire article
CBO Director Says ObamaCare Will Drive People From the Workforce
CNSNews.com
Tuesday, October 26, 2010
By Matt Cover
(CNSNews.com) – Congressional Budget Office Director Douglas Elmendorf said the most significant economic effect of President Barack Obama’s health care reform package will be to drive people out of the job market.
“For the economy outside the health sector, the most significant impact of the legislation will be through the labor market,” Elmendorf said on Oct. 22. “We estimated that the legislation, on net, will reduce the amount of labor used in the economy by roughly half a percent, primarily by reducing the amount that people choose to work.”
By Matt Cover
(CNSNews.com) – Congressional Budget Office Director Douglas Elmendorf said the most significant economic effect of President Barack Obama’s health care reform package will be to drive people out of the job market.
“For the economy outside the health sector, the most significant impact of the legislation will be through the labor market,” Elmendorf said on Oct. 22. “We estimated that the legislation, on net, will reduce the amount of labor used in the economy by roughly half a percent, primarily by reducing the amount that people choose to work.”
Elmendorf made the remarks at a conference sponsored by the Leonard D. Schaeffer Center for Health Policy and Economics at the University of Southern California.
He explained that people would choose not to work because they could subsist on the generous federal insurance subsidies and Medicaid payments contained in the health care overhaul.
“Some provisions of the legislation will discourage people from working more hours or entering the workforce, and other provisions will encourage them to work more,” he said, adding that “[t]he net reduction in the supply of labor is largely attributable to the substantial expansion of Medicaid and the provision of subsidies through the new insurance exchanges.”
Elmendorf’s analysis of the health care law’s economic impact seems to support House Speaker Nancy Pelosi’s (D-Calif.) seemingly off-the-cuff remark in May when she said that because of the subsidies in the health care bill, people could quit their regular jobs and pursue their artistic dreams because the government would now provide for their health care.
“We see it as an entrepreneurial bill,” Pelosi said on May 14, “a bill that says to someone, if you want to be creative and be a musician or whatever, you can leave your work, focus on your talent, your skill, your passion, your aspirations because you will have health care.”
U.N.’s Corporate Wooing a “Major Risk,” Watchdog Reports
By George Russell
Published October 27, 2010
FoxNews.com
The United Nations, which has aggressively pursued financial partnerships with private businesses over the past ten years, has no conflict of interest rules covering all staffers involved in those relationships, nor does it have any effective way to protect against the corporate misuse of their association with the U.N.’s name, according to a report by an internal watchdog agency.
The U.N. also lacks a common set of procedures across its sprawling array of funds, programs, agencies and other entities—more than 35 in all—for vetting those relationships to decide whether they are in the best interest of the U.N. as a whole.
And in the case of one of the fastest growing U.N. initiatives—the so-called U.N. Global Compact of corporations, unions, civil organization and other groups, which boasts more than 5,200 corporate members -- the Global Compact headquarters can’t be sure that the companies involved are living up to the agreements they have signed, according to the unit that is tasked with monitoring the U.N. on a system-wide basis.
Moreover, once corporations sign up to the loosely defined principles of the Global Compact, other U.N. organizations tend to take their bona fides at face value, despite the lack of verification—a “major risk” for the world organization, according to the U.N. watchdog.
Those conclusions are laid out in a specialized report called a “management note” composed by the Geneva-based watchdog organization known as the United Nations Joint Inspection Unit (JIU), the only U.N. body specifically charged with examining U.N. policies and practices across the world organization.
Two thousand schoolgirls suffer suspected ill-effects from cervical cancer vaccine
Thousands of schoolgirls have suffered suspected adverse reactions to a controversial cervical cancer vaccine introduced by the Government.
By Laura Donnelly, Health Correspondent
telegraph.co.uk
Doctors' reports show that girls of 12 and 13 have experienced convulsions, fever and paralysis after being given the vaccine, which is now administered in schools as part of efforts to prevent women developing cancer.
Others suffered nausea, muscle weakness, dizziness and blurred vision, according to a special report drawn up by drug safety watchdogs.
A support group says it has received dozens of calls from parents who believe their daughters have been damaged by the vaccine.
The parents of one teenage girl given the jab last autumn believe it was to blame for repeated seizures which have left her with brain damage and psychosis.
The immunisation programme for teenage girls is controversial because it protects them from the sexually transmitted human papillomavirus which causes 70 per cent of cervical tumours.
When the Government introduced the Cervarix vaccination programme last year, some campaigners dubbed it a "promiscuity jab".
Campaigners and families said the new figures showed the vaccination should not have been introduced via a mass programme.
More than one million girls have already been given the jab, which is offered to all as they enter their teens.
Until 2011 it will also be administered to older girls, so that all female teens below the age of 18 will be covered by the programme.
Ministers say that ultimately the scheme will save 700 lives a year, while drug safety experts insist the number of suspected reactions are outweighed by the benefits from the jab.
Most of the more than 2,000 suspected reactions recorded by drug safety watchdog Medicines and Health care products Regulatory Agency (MHRA) were mild, with dozens of girls recording rashes, pain in the arm, and allergies.
But the report prepared by the MHRA earlier this month also discloses cases in which teens have suffered convulsions, eye rolling, muscle spasms, seizures and hyperventilation soon after being given the jab.
Read the entire article
EXCLUSIVE: Uncovered 9/11 Footage Shows FBI Director Asking Firefighters About “Secondary Hits” On WTC
Amazing video also shows city officials hurriedly leaving after South Tower collapse
Steve Watson
Infowars.comWednesday, Oct 27th, 2010
An intriguing video has appeared on You Tube that appears to show a FDNY film crew being interviewed in the aftermath of the 9/11 attacks by the the director of the FBI’s New York office, who has suspicions that one of the World Trade Center towers took a “secondary hit” before collapsing.
The video appears to be part of NIST’s recent FOIA releases and therefore has not been seen before now.
On first viewing it appears to be nothing special, just the horribly familiar scenes of dust and rubble from the aftermath of the attacks. However, it contains a stunning exchange between officials and firefighters.
The action appears to be taking place immediately after the collapse of the South tower and before the collapse of the North tower.
The film crew exits a building and make their way along the dust and debris littered streets.
At around 2 mins 50, a man in a suit approaches the crew and announces himself as “FBI, Barry Mawn.”
Mawn (pictured below with Rudy Giuliani) was at that time the director of the FBI’s New York office.
Mawn then asks the FDNY crew a question in the form of a statement – “That tower got a secondary hit?”
The firefighters respond by saying they are unsure but they heard a rumbling and ran for their lives as the tower then collapsed.
The audio is difficult to hear but one of the firefighters then says he “saw it blow right out the side of the building” to which Mawn asks “that was the plane right?”.
The firefighter then states “I don’t know if it was a plane or an explosion.”
As they continue their description of events the noise of a jet overhead interrupts them as people begin to panic. Someone, presumably another FBI agent shouts “is that ours?” to which Mawn replies “yeah that should be ours”.
At this point a large gathering of suited individuals walks into view and a woman in the group yells “go to city hall.”
Mawn then asks “where is the mayor?”, from which it can be deduced that this group is affiliated with Rudy Giuliani and they are hurriedly leaving the scene.
The woman leading the mayor’s group then curses at reporters telling them to “get the f*** out of here”.
Read the entire article here
Steve Watson
Infowars.comWednesday, Oct 27th, 2010
An intriguing video has appeared on You Tube that appears to show a FDNY film crew being interviewed in the aftermath of the 9/11 attacks by the the director of the FBI’s New York office, who has suspicions that one of the World Trade Center towers took a “secondary hit” before collapsing.
The video appears to be part of NIST’s recent FOIA releases and therefore has not been seen before now.
On first viewing it appears to be nothing special, just the horribly familiar scenes of dust and rubble from the aftermath of the attacks. However, it contains a stunning exchange between officials and firefighters.
The action appears to be taking place immediately after the collapse of the South tower and before the collapse of the North tower.
The film crew exits a building and make their way along the dust and debris littered streets.
At around 2 mins 50, a man in a suit approaches the crew and announces himself as “FBI, Barry Mawn.”
Mawn (pictured below with Rudy Giuliani) was at that time the director of the FBI’s New York office.
Mawn then asks the FDNY crew a question in the form of a statement – “That tower got a secondary hit?”
The firefighters respond by saying they are unsure but they heard a rumbling and ran for their lives as the tower then collapsed.
The audio is difficult to hear but one of the firefighters then says he “saw it blow right out the side of the building” to which Mawn asks “that was the plane right?”.
The firefighter then states “I don’t know if it was a plane or an explosion.”
As they continue their description of events the noise of a jet overhead interrupts them as people begin to panic. Someone, presumably another FBI agent shouts “is that ours?” to which Mawn replies “yeah that should be ours”.
At this point a large gathering of suited individuals walks into view and a woman in the group yells “go to city hall.”
Mawn then asks “where is the mayor?”, from which it can be deduced that this group is affiliated with Rudy Giuliani and they are hurriedly leaving the scene.
The woman leading the mayor’s group then curses at reporters telling them to “get the f*** out of here”.
Read the entire article here
Successful Chinese Strategy Of Protectionism, Mercatilism, Dirigism Goes Back To Alexander Hamilton and Henry Clay
Webster G. Tarpley
TARPLEY.net
October 27, 2010
The US should dump the failed Chicago-Austrian system of free trade, deregulation, and privatization, and return to the classic American System of political economy, meaning an updated New Deal. No Keynesians, Austrians, Chicago boys, or Marxists need apply. RT panel with Pepe Escobar, Michael Hudson, and Webster Tarpley.
TARPLEY.net
October 27, 2010
The US should dump the failed Chicago-Austrian system of free trade, deregulation, and privatization, and return to the classic American System of political economy, meaning an updated New Deal. No Keynesians, Austrians, Chicago boys, or Marxists need apply. RT panel with Pepe Escobar, Michael Hudson, and Webster Tarpley.
Martial Law, Economic Meltdown, and Executive Orders
Kevin Hayden
Activist Post
October 26, 2010
We have all watched in predicted horror as the financial infrastructure of America has been disassembled in a predetermined fashion by the likes of Goldman Sachs, the Federal Reserve and other Globalists. There are a variety of reasons why this is happening, none of which we have the power to change or alter in time to save us. Therefore, I will focus on what is to come and how we might handle it in order to survive it.
With the Federal Reserve actually suggesting that inflation might be the cure to the weak economy, massive unemployment numbers and a crashing dollar, one has to stop and ponder. The chairman of the Fed, Ben Bernanke, was a child prodigy, scored a near perfect SAT score, focused his studies around the Great Depression and is a statistical genius. So why is he so willing to abuse the Dollar and essentially sign the death warrant for America?
For several years, many prominent people have been predicting this exact scenario. Gerald Celente, Ron Paul, Peter Schiff and others including the Web Bots Project, have detailed how this orchestrated financial implosion will occur. Many of these “predictions” or trends analysis are from late 2009 or early 2010. Most, if not all, are eerily starting to come true.
Bob Chapman
First 6 months of 2010, Americans will continue to live in the ‘unreality’ . . . the period between July and October is when the financial fireworks will begin. The Fed will act unilaterally for its own survival irrespective of any political implications. In the last quarter of the year we could even see Martial law, which is more likely for the first 6 months of 2011. Wall Street believes there is a 100% chance of crash in bond market, especially municipals sometime during 2010. The dollar will be devalued by the end of 2010.
Neithercorp
Have projected that the third and final stage of the economic collapse will begin sometime in 2010. Barring some kind of financial miracle, or the complete dissolution of the Federal Reserve, a snowballing implosion should become visible by the end of this year. The behavior of the Fed, along with that of the IMF seems to suggest that they are preparing for a focused collapse, peaking within weeks or months instead of years, and the most certain fall of the dollar.
Webbots
July and onward things get very strange. Revolution. Dollar dead by November 2010. The sad fact is that many of the people currently in power are globalists or a minion thereof. Timothy Geithner, Paul Volcker, Henry Paulson . . . these people hold some of the most powerful positions in the world but they’re not Presidents or Heads of State. They’re not royalty. No.
They are, however, the ones who control the money and financial policy of the United States of America.
By controlling the flow and direction of money, they are free to do as they please. A simple “divide and conquer” masquerade is offered for the peasants to consume and become distracted by. Every week, a new diversion is offered – President Obama’s birth certificate, Republican vs. Democrat, Dancing with the Stars, Christine O’Donnell is a witch, or Lindsey Lohan enters drug rehab yet again.
The current “Tea Party” is a prime example of this divide & conquer attempt. It should be noted, the Republican tea parties and the original Campaign for Liberty are nothing alike. In 2007 and 2008, Ron Paul followers began a massive grassroots movement which spread like a wildfire across angry voters on both sides of the aisle. Liberals and Conservatives stood next to each other while greeting Moderates and Extremists. Many apathetic, disillusioned voters were so moved by the passionate speeches of Ron Paul that they began to become heavily involved in politics. An attempt to Audit the Fed was a centerpiece, knowing that the Federal Reserve is one of the “men behind the green curtain.” An unprecedented partnership was formed across the spectrum and the movement grew loud, demanding accountability, transparency, more freedom and an end to the current wars.
Fearing the worst, agents of the globalist banking cartel went into action. As Rahm Emanuel, the White House spokesman, said: “You can’t let a good crisis go to waste….a crisis allows you to do things you wouldn’t otherwise be able to do.” (Such as the Patriot Act and occupying multiple countries?) They moved their diversion tactics into high gear, with commentators on MSNBC and FOX appealing for patriotic “tea parties” across the country to unite against the banking bailout and stimulus package offered by Obama. They did this knowing that no amount of ranting and raving by citizens would change anything and they could be left in peace to continue the takeover while the peasants waved signs and yelled at Congress.
In order for this takeover to succeed, they had to first destabilize any real resistance. They immediately began shifting Ron Paul into the fringe category, denied him access to the primary debates and waged classic Gestapo-like warfare on the citizens who were starting to wake up. The Southern Poverty Law Center, who now partially operates under the auspice of the Department of Homeland Security, began to demonize so-called Patriots and Constitutionalists. They needed to make sure that the wave of Ron Paul supporters – the ones who were awake and aware of who the enemy truly was – could be silenced or ignored. They began to label Constitutionalists and Libertarians as “extremists” and categorized them as violent militia members. This attempt went so far as to have the Missouri Intelligence Center issue a report clearly stating that vehicles displaying a Ron Paul sticker or supporters of Bob Barr, Barry Goldwater and others should be approached with caution during traffic stops, propping up the fear mongering in the law enforcement world where it could be put to good use by obediant police officers.
They knew these patriots, along with many 2nd amendment activists, disgruntled military veterans and Libertarians would be the first to resist. And so they had to run a few headlines on the mainstream media in order to encourage moderates not to listen to them or join their ranks.
Groups such as “FreedomWorks” and the Tea Party Express began popping up all over the radar. These were self-described groups of Tea Partiers but failed to have any ties to Ron Paul or the initial liberty movement. In fact, many of those attending the rallies were George Bush loyalists, classic war-mongering Neocons and Corporate Republicans railing against the man. It quickly became apparent that these groups were funded and started by shady, wealthy individuals with a political agenda who sought to capitalize on the growing movement with no respect to its origins.
The groups began propping up the likes of Sarah Palin as their mascot and focused on minor, trivial issues at rallies across the country. They offered stereotypical sound bytes for mass media consumption and stagnate the political process with rhetoric about the welfare state, immigration and Obama. The real enemies are now left to their own devices on Wall Street as the peasants fight among themselves over religion, gay marriage, and what Arab country should be invaded next.
This has been my own experience at a recent gun show and several tea party rallies. Everyone I talked to said the same things, “That socialist Obama is wrecking the economy and the illegal immigrants are going to bankrupt us! We need to throw the Democrats out of Congress and take over so we can make real change!” This was literally the same thing that over a dozen “patriots” said to me, completely oblivious to the fact that while illegal immigration is a major problem and does cost a lot of money, it is a penny in the bucket compared to what Wall Street and the multi-national corporations are doing to us. They fail to realize that the banking cartel owns both the Republicans and Democrats. The globalists own the media, the newspapers, the “fair and balanced” talk shows and more. Glenn Beck said it best, “I could give a flying crap about the political process.” Making money, on the other hand, is to be taken very seriously, and controversy is its own coinage. “We’re an entertainment company,” Beck says.
Carroll Quigley, the unofficial historian for the Globalists and Elites, said in his book Tragedy and Hope: “The two parties should be almost identical, so that the American people can ‘throw the rascals out’ at any election without leading to any profound or extensive shifts in policy.” It should be no surprise to anyone, of course, that during his tenure as a professor at Georgetown in the 1960s, Quigley became the mentor to a young Bill Clinton.
So as more and more voters flock to these false tea party affiliate groups, their “voter angst” is quickly satiated by the waving of a Gadsden flag and yelling some coin-phrase about Socialism, all the while no real harm has come to the establishment and Wall Street. The Globalists are free to sit back and laugh at the serfs as they complete their exit strategy, pilfering every last cent they can muster.
To use an analogy: we’re all on the Titanic with the White House at the helm of the ship. The Globalists and banking cartel know there is an iceberg ahead – in fact, they placed it directly in our path in order to speed up the sinking process while they continued to sell worthless tickets to the life rafts. Obama, like so many Presidents before him, was promised a VIP seat in the executive’s life boat. But being used by the elites doesn’t seem to bother him in the slightest. No, in fact, he happily sold his soul in order to be the first black President and make history. I suppose we all have our price. (There is also a long, sordid past involving his mother working for multiple CIA front organizations [micro-financing, accounting, loans, etc] and meeting his biological father in a Russian speaking class at the University of Hawaii . . . but that’s for another time and another article.)
MARTIAL LAW & EXECUTIVE ORDERS
As the bond markets quickly sour and the market tries desperately to maintain its hold, many foreign countries are already making their exit plans from the dollar; when this happens en masse, you will hear the American Economy and our way of life take its final breath. It will very quickly lead us to a complete and utter shattering of the US Dollar.
Inflation, offered by the Federal Reserve as a solution, will rage out of control. The bond market, already suffering severely, will be the final death blow from the multiple bubbles of the past 10 years – including the housing market, the derivatives schemes, the out-of-control spending on illegal wars, and the never-ending military-industrial-intelligence community.
As the engineered crisis swings into full global financial meltdown, we enter the classic Hegelian Dialectic method of Problem-Reaction-Solution.
Allow me to explain: The Globalists and elites have an agenda. They already know how they want this to end, as with any engineered crisis. Recall what Rahm Emaneul said about exploiting a crisis and it will start to unfold. The Powers That Be create or exploit a problem, blaming it on others. The citizens react, asking government to fix their problems, even if it means giving up certain rights or liberties. The government offers the solution that was planned long before the crisis.
And that solution is total control and domination. An increased military-police-state. A cashless, unarmed society full of GMO food and mercury-laden vaccines. Half a billion citizens dependant on the government for the next day’s meal. We are entering 1984. But first, the birthing pains of the new era –the New World Order.
In order to achieve this, a rock-bottom effect has to unravel, and the crashing of the US Dollar is the perfect key. When the bond market goes, it will take municipal bonds and pensions with it. Cities will no longer be able to employ enough workers to maintain itself. Inflation will make food, gasoline, and other tangibles too expensive for the common peasant and riots will start. In order to maintain their control and show force, the government will begin deploying the military into the hardest-hit cities in a support role, handling more and more of the infrastructure and traditional police duties. The ability to do this has been laid out in carefully crafted Presidential Executive Orders. Troops returning from Iraq and Afghanistan are now being trained in domestic law enforcement and how to handle civil unrest, including active combat brigades on “homeland patrol.” Imagine this scenario unfolding while the White House has the following powers:
EXECUTIVE ORDER 10990 – allows the government to take over all modes of transportation and control of highways and seaports.
EXECUTIVE ORDER 10995 – allows the government to seize and control the communication media.
EXECUTIVE ORDER 10997 – allows the government to take over all electrical power, gas, petroleum, fuels and minerals.
EXECUTIVE ORDER 10998 – allows the government to seize all means of transportation, including personal cars, trucks or vehicles of any kind and total control over all highways, seaports, and waterways.
EXECUTIVE ORDER 10999 – allows the government to take over all food resources and farms.
EXECUTIVE ORDER 11000 – allows the government to mobilize civilians into work brigades under government supervision.
EXECUTIVE ORDER 11001 – allows the government to take over all health, education and welfare functions.
EXECUTIVE ORDER 11002 – designates the Postmaster General to operate a national registration of all persons.
EXECUTIVE ORDER 11003 – allows the government to take over all airports and aircraft, including commercial aircraft.
EXECUTIVE ORDER 11004 – allows the Housing and Finance Authority to relocate communities, build new housing with public funds, designate areas to be abandoned, and establish new locations for populations.
EXECUTIVE ORDER 11005 – allows the government to take over railroads, inland waterways and public storage facilities.
EXECUTIVE ORDER 11051 – specifies the responsibility of the Office of Emergency Planning and gives authorization to put all Executive Orders into effect in times of increased international tensions and economic or financial crisis.
EXECUTIVE ORDER 11921 allows the Federal Emergency Preparedness Agency to develop plans to establish control over the mechanisms of production and distribution, of energy sources, wages, salaries, credit and the flow of money in U.S. financial institution in any undefined national emergency. It also provides that when a state of emergency is declared by the President, Congress cannot review the action for six months. The Federal Emergency Management Agency has broad powers in every aspect of the nation. General Frank Salzedo, chief of FEMA’s Civil Security Division stated in a 1983 conference that he saw FEMA’s role as a “new frontier in the protection of individual and governmental leaders from assassination, and of civil and military installations from sabotage and/or attack, as well as prevention of dissident groups from gaining access to U.S. opinion, or a global audience in times of crisis.” FEMA’s powers were consolidated by President Carter to incorporate the…
EXECUTIVE ORDER 11310 – grants authority to the Department of Justice to enforce the plans set out in Executive Orders, to institute industrial support, to establish judicial and legislative liaison, to control all aliens, to operate penal and correctional institutions, and to advise and assist the President.
EXECUTIVE ORDER 11049 – assigns emergency preparedness function to federal departments and agencies, consolidating 21 operative Executive Orders issued over a fifteen year period.
EXECUTIVE ORDER 12148 – created the Federal Emergency Management Agency to interface with the Department of Defense for civil defense planning and funding. An “emergency czar” was appointed. FEMA has only spent about 6 percent of its budget on national emergencies. The bulk of their funding has been used for the construction of secret underground facilities to assure continuity of government in case of a major emergency, foreign or domestic.
EXECUTIVE ORDER 12656 – appointed the National Security Council as the principal body that should consider emergency powers. This allows the government to increase domestic intelligence and surveillance of U.S. citizens and would restrict the freedom of movement within the United States and grant the government the right to isolate large groups of civilians. The National Guard could be federalized to seal all borders and take control of U.S. air space and all ports of entry.
EXECUTIVE ORDER 12919 – Collects EOs 10995, 10997, 10998, 10999, 11000, 11001, 11002, 11003, 11004, 11005 and 11051 together into one new Executive Order.
Fresh food that lasts from eFoods Direct (Ad)
National Security Act of 1947 – allows for the strategic relocation of industries, services, government and other essential economic activities, and to rationalize the requirements for manpower, resources and production facilities.
1950 Defense Production Act – gives the President sweeping powers over all aspects of the economy.
Act of August 29, 1916 – authorizes the Secretary of the Army, in time of war, to take possession of any transportation system for transporting troops, material, or any other purpose related to the emergency.
International Emergency Economic Powers Act – enables the President to seize the property of a foreign country or national. These powers were transferred to FEMA in a sweeping consolidation in 1979.
We are already living on borrowed time as a Nation. I suggest you take the advice of those people who predicted this exact scenario a decade ago and begin investing in tangibles and hard commodities. Land, firearms, precious metals, tools, and food.
Think about the one thing that you must have and will always spend money on – food. If you could buy 6 months of food now, imagine the return on your investment when inflation hits the grocery stores by the end of this year. We’re already seeing it everywhere around us. Take note and act accordingly!
We are entering a very dangerous time frame in not only our lives, but history.
—
Kevin Hayden is a former New Orleans police officer-turned-political activist. He endured Hurricane Katrina and the chaos and collapse in the days following. He currently resides in Oklahoma where he operates TruthisTreason and continues to work on local politics and education about our monetary, food and foreign policies while building an off-grid homestead.
Activist Post
October 26, 2010
We have all watched in predicted horror as the financial infrastructure of America has been disassembled in a predetermined fashion by the likes of Goldman Sachs, the Federal Reserve and other Globalists. There are a variety of reasons why this is happening, none of which we have the power to change or alter in time to save us. Therefore, I will focus on what is to come and how we might handle it in order to survive it.
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With the Federal Reserve actually suggesting that inflation might be the cure to the weak economy, massive unemployment numbers and a crashing dollar, one has to stop and ponder. The chairman of the Fed, Ben Bernanke, was a child prodigy, scored a near perfect SAT score, focused his studies around the Great Depression and is a statistical genius. So why is he so willing to abuse the Dollar and essentially sign the death warrant for America?
For several years, many prominent people have been predicting this exact scenario. Gerald Celente, Ron Paul, Peter Schiff and others including the Web Bots Project, have detailed how this orchestrated financial implosion will occur. Many of these “predictions” or trends analysis are from late 2009 or early 2010. Most, if not all, are eerily starting to come true.
Bob Chapman
First 6 months of 2010, Americans will continue to live in the ‘unreality’ . . . the period between July and October is when the financial fireworks will begin. The Fed will act unilaterally for its own survival irrespective of any political implications. In the last quarter of the year we could even see Martial law, which is more likely for the first 6 months of 2011. Wall Street believes there is a 100% chance of crash in bond market, especially municipals sometime during 2010. The dollar will be devalued by the end of 2010.
Neithercorp
Have projected that the third and final stage of the economic collapse will begin sometime in 2010. Barring some kind of financial miracle, or the complete dissolution of the Federal Reserve, a snowballing implosion should become visible by the end of this year. The behavior of the Fed, along with that of the IMF seems to suggest that they are preparing for a focused collapse, peaking within weeks or months instead of years, and the most certain fall of the dollar.
Webbots
July and onward things get very strange. Revolution. Dollar dead by November 2010. The sad fact is that many of the people currently in power are globalists or a minion thereof. Timothy Geithner, Paul Volcker, Henry Paulson . . . these people hold some of the most powerful positions in the world but they’re not Presidents or Heads of State. They’re not royalty. No.
They are, however, the ones who control the money and financial policy of the United States of America.
Give me control over a nations currency, and I care not who makes its laws. — Baron M.A. RothschildORCHESTRATED MELTDOWN & THE TEA PARTY
By controlling the flow and direction of money, they are free to do as they please. A simple “divide and conquer” masquerade is offered for the peasants to consume and become distracted by. Every week, a new diversion is offered – President Obama’s birth certificate, Republican vs. Democrat, Dancing with the Stars, Christine O’Donnell is a witch, or Lindsey Lohan enters drug rehab yet again.
The current “Tea Party” is a prime example of this divide & conquer attempt. It should be noted, the Republican tea parties and the original Campaign for Liberty are nothing alike. In 2007 and 2008, Ron Paul followers began a massive grassroots movement which spread like a wildfire across angry voters on both sides of the aisle. Liberals and Conservatives stood next to each other while greeting Moderates and Extremists. Many apathetic, disillusioned voters were so moved by the passionate speeches of Ron Paul that they began to become heavily involved in politics. An attempt to Audit the Fed was a centerpiece, knowing that the Federal Reserve is one of the “men behind the green curtain.” An unprecedented partnership was formed across the spectrum and the movement grew loud, demanding accountability, transparency, more freedom and an end to the current wars.
Fearing the worst, agents of the globalist banking cartel went into action. As Rahm Emanuel, the White House spokesman, said: “You can’t let a good crisis go to waste….a crisis allows you to do things you wouldn’t otherwise be able to do.” (Such as the Patriot Act and occupying multiple countries?) They moved their diversion tactics into high gear, with commentators on MSNBC and FOX appealing for patriotic “tea parties” across the country to unite against the banking bailout and stimulus package offered by Obama. They did this knowing that no amount of ranting and raving by citizens would change anything and they could be left in peace to continue the takeover while the peasants waved signs and yelled at Congress.
In order for this takeover to succeed, they had to first destabilize any real resistance. They immediately began shifting Ron Paul into the fringe category, denied him access to the primary debates and waged classic Gestapo-like warfare on the citizens who were starting to wake up. The Southern Poverty Law Center, who now partially operates under the auspice of the Department of Homeland Security, began to demonize so-called Patriots and Constitutionalists. They needed to make sure that the wave of Ron Paul supporters – the ones who were awake and aware of who the enemy truly was – could be silenced or ignored. They began to label Constitutionalists and Libertarians as “extremists” and categorized them as violent militia members. This attempt went so far as to have the Missouri Intelligence Center issue a report clearly stating that vehicles displaying a Ron Paul sticker or supporters of Bob Barr, Barry Goldwater and others should be approached with caution during traffic stops, propping up the fear mongering in the law enforcement world where it could be put to good use by obediant police officers.
They knew these patriots, along with many 2nd amendment activists, disgruntled military veterans and Libertarians would be the first to resist. And so they had to run a few headlines on the mainstream media in order to encourage moderates not to listen to them or join their ranks.
Groups such as “FreedomWorks” and the Tea Party Express began popping up all over the radar. These were self-described groups of Tea Partiers but failed to have any ties to Ron Paul or the initial liberty movement. In fact, many of those attending the rallies were George Bush loyalists, classic war-mongering Neocons and Corporate Republicans railing against the man. It quickly became apparent that these groups were funded and started by shady, wealthy individuals with a political agenda who sought to capitalize on the growing movement with no respect to its origins.
The groups began propping up the likes of Sarah Palin as their mascot and focused on minor, trivial issues at rallies across the country. They offered stereotypical sound bytes for mass media consumption and stagnate the political process with rhetoric about the welfare state, immigration and Obama. The real enemies are now left to their own devices on Wall Street as the peasants fight among themselves over religion, gay marriage, and what Arab country should be invaded next.
This has been my own experience at a recent gun show and several tea party rallies. Everyone I talked to said the same things, “That socialist Obama is wrecking the economy and the illegal immigrants are going to bankrupt us! We need to throw the Democrats out of Congress and take over so we can make real change!” This was literally the same thing that over a dozen “patriots” said to me, completely oblivious to the fact that while illegal immigration is a major problem and does cost a lot of money, it is a penny in the bucket compared to what Wall Street and the multi-national corporations are doing to us. They fail to realize that the banking cartel owns both the Republicans and Democrats. The globalists own the media, the newspapers, the “fair and balanced” talk shows and more. Glenn Beck said it best, “I could give a flying crap about the political process.” Making money, on the other hand, is to be taken very seriously, and controversy is its own coinage. “We’re an entertainment company,” Beck says.
Carroll Quigley, the unofficial historian for the Globalists and Elites, said in his book Tragedy and Hope: “The two parties should be almost identical, so that the American people can ‘throw the rascals out’ at any election without leading to any profound or extensive shifts in policy.” It should be no surprise to anyone, of course, that during his tenure as a professor at Georgetown in the 1960s, Quigley became the mentor to a young Bill Clinton.
So as more and more voters flock to these false tea party affiliate groups, their “voter angst” is quickly satiated by the waving of a Gadsden flag and yelling some coin-phrase about Socialism, all the while no real harm has come to the establishment and Wall Street. The Globalists are free to sit back and laugh at the serfs as they complete their exit strategy, pilfering every last cent they can muster.
To use an analogy: we’re all on the Titanic with the White House at the helm of the ship. The Globalists and banking cartel know there is an iceberg ahead – in fact, they placed it directly in our path in order to speed up the sinking process while they continued to sell worthless tickets to the life rafts. Obama, like so many Presidents before him, was promised a VIP seat in the executive’s life boat. But being used by the elites doesn’t seem to bother him in the slightest. No, in fact, he happily sold his soul in order to be the first black President and make history. I suppose we all have our price. (There is also a long, sordid past involving his mother working for multiple CIA front organizations [micro-financing, accounting, loans, etc] and meeting his biological father in a Russian speaking class at the University of Hawaii . . . but that’s for another time and another article.)
MARTIAL LAW & EXECUTIVE ORDERS
As the bond markets quickly sour and the market tries desperately to maintain its hold, many foreign countries are already making their exit plans from the dollar; when this happens en masse, you will hear the American Economy and our way of life take its final breath. It will very quickly lead us to a complete and utter shattering of the US Dollar.
Inflation, offered by the Federal Reserve as a solution, will rage out of control. The bond market, already suffering severely, will be the final death blow from the multiple bubbles of the past 10 years – including the housing market, the derivatives schemes, the out-of-control spending on illegal wars, and the never-ending military-industrial-intelligence community.
As the engineered crisis swings into full global financial meltdown, we enter the classic Hegelian Dialectic method of Problem-Reaction-Solution.
Allow me to explain: The Globalists and elites have an agenda. They already know how they want this to end, as with any engineered crisis. Recall what Rahm Emaneul said about exploiting a crisis and it will start to unfold. The Powers That Be create or exploit a problem, blaming it on others. The citizens react, asking government to fix their problems, even if it means giving up certain rights or liberties. The government offers the solution that was planned long before the crisis.
And that solution is total control and domination. An increased military-police-state. A cashless, unarmed society full of GMO food and mercury-laden vaccines. Half a billion citizens dependant on the government for the next day’s meal. We are entering 1984. But first, the birthing pains of the new era –the New World Order.
In order to achieve this, a rock-bottom effect has to unravel, and the crashing of the US Dollar is the perfect key. When the bond market goes, it will take municipal bonds and pensions with it. Cities will no longer be able to employ enough workers to maintain itself. Inflation will make food, gasoline, and other tangibles too expensive for the common peasant and riots will start. In order to maintain their control and show force, the government will begin deploying the military into the hardest-hit cities in a support role, handling more and more of the infrastructure and traditional police duties. The ability to do this has been laid out in carefully crafted Presidential Executive Orders. Troops returning from Iraq and Afghanistan are now being trained in domestic law enforcement and how to handle civil unrest, including active combat brigades on “homeland patrol.” Imagine this scenario unfolding while the White House has the following powers:
EXECUTIVE ORDER 10990 – allows the government to take over all modes of transportation and control of highways and seaports.
EXECUTIVE ORDER 10995 – allows the government to seize and control the communication media.
EXECUTIVE ORDER 10997 – allows the government to take over all electrical power, gas, petroleum, fuels and minerals.
EXECUTIVE ORDER 10998 – allows the government to seize all means of transportation, including personal cars, trucks or vehicles of any kind and total control over all highways, seaports, and waterways.
EXECUTIVE ORDER 10999 – allows the government to take over all food resources and farms.
EXECUTIVE ORDER 11000 – allows the government to mobilize civilians into work brigades under government supervision.
EXECUTIVE ORDER 11001 – allows the government to take over all health, education and welfare functions.
EXECUTIVE ORDER 11002 – designates the Postmaster General to operate a national registration of all persons.
EXECUTIVE ORDER 11003 – allows the government to take over all airports and aircraft, including commercial aircraft.
EXECUTIVE ORDER 11004 – allows the Housing and Finance Authority to relocate communities, build new housing with public funds, designate areas to be abandoned, and establish new locations for populations.
EXECUTIVE ORDER 11005 – allows the government to take over railroads, inland waterways and public storage facilities.
EXECUTIVE ORDER 11051 – specifies the responsibility of the Office of Emergency Planning and gives authorization to put all Executive Orders into effect in times of increased international tensions and economic or financial crisis.
EXECUTIVE ORDER 11921 allows the Federal Emergency Preparedness Agency to develop plans to establish control over the mechanisms of production and distribution, of energy sources, wages, salaries, credit and the flow of money in U.S. financial institution in any undefined national emergency. It also provides that when a state of emergency is declared by the President, Congress cannot review the action for six months. The Federal Emergency Management Agency has broad powers in every aspect of the nation. General Frank Salzedo, chief of FEMA’s Civil Security Division stated in a 1983 conference that he saw FEMA’s role as a “new frontier in the protection of individual and governmental leaders from assassination, and of civil and military installations from sabotage and/or attack, as well as prevention of dissident groups from gaining access to U.S. opinion, or a global audience in times of crisis.” FEMA’s powers were consolidated by President Carter to incorporate the…
EXECUTIVE ORDER 11310 – grants authority to the Department of Justice to enforce the plans set out in Executive Orders, to institute industrial support, to establish judicial and legislative liaison, to control all aliens, to operate penal and correctional institutions, and to advise and assist the President.
EXECUTIVE ORDER 11049 – assigns emergency preparedness function to federal departments and agencies, consolidating 21 operative Executive Orders issued over a fifteen year period.
EXECUTIVE ORDER 12148 – created the Federal Emergency Management Agency to interface with the Department of Defense for civil defense planning and funding. An “emergency czar” was appointed. FEMA has only spent about 6 percent of its budget on national emergencies. The bulk of their funding has been used for the construction of secret underground facilities to assure continuity of government in case of a major emergency, foreign or domestic.
EXECUTIVE ORDER 12656 – appointed the National Security Council as the principal body that should consider emergency powers. This allows the government to increase domestic intelligence and surveillance of U.S. citizens and would restrict the freedom of movement within the United States and grant the government the right to isolate large groups of civilians. The National Guard could be federalized to seal all borders and take control of U.S. air space and all ports of entry.
EXECUTIVE ORDER 12919 – Collects EOs 10995, 10997, 10998, 10999, 11000, 11001, 11002, 11003, 11004, 11005 and 11051 together into one new Executive Order.
Fresh food that lasts from eFoods Direct (Ad)
National Security Act of 1947 – allows for the strategic relocation of industries, services, government and other essential economic activities, and to rationalize the requirements for manpower, resources and production facilities.
1950 Defense Production Act – gives the President sweeping powers over all aspects of the economy.
Act of August 29, 1916 – authorizes the Secretary of the Army, in time of war, to take possession of any transportation system for transporting troops, material, or any other purpose related to the emergency.
International Emergency Economic Powers Act – enables the President to seize the property of a foreign country or national. These powers were transferred to FEMA in a sweeping consolidation in 1979.
We are already living on borrowed time as a Nation. I suggest you take the advice of those people who predicted this exact scenario a decade ago and begin investing in tangibles and hard commodities. Land, firearms, precious metals, tools, and food.
Think about the one thing that you must have and will always spend money on – food. If you could buy 6 months of food now, imagine the return on your investment when inflation hits the grocery stores by the end of this year. We’re already seeing it everywhere around us. Take note and act accordingly!
We are entering a very dangerous time frame in not only our lives, but history.
—
Kevin Hayden is a former New Orleans police officer-turned-political activist. He endured Hurricane Katrina and the chaos and collapse in the days following. He currently resides in Oklahoma where he operates TruthisTreason and continues to work on local politics and education about our monetary, food and foreign policies while building an off-grid homestead.
Obama Rally- Columbus Ohio October 17, 2010
SIC SEMPER TYRANNIS!!!
Mark Matheny
You Tube
Mark Matheny
You Tube
An overview of Obama's visit to Ohio State University during the Democratic National Convention.
Online With Terry Jeffrey Guest: Gov. Jan Brewer
CNS NEWS.com
October 22, 2010, 09:00 AM
Terry Jeffrey discusses border and illegal immigration issues with Arizona Governor Jan Brewer
Pimco's El-Erian Says Fed Easing to Spur Inflation
SFGATE.com
Oct. 25 (Bloomberg) -- Federal Reserve Treasury purchases will lead to faster global inflation while failing to revive U.S. economic growth, said Mohamed A. El-Erian, chief executive officer of Pacific Investment Management Co.
Quantitative easing, the strategy of buying bonds to keep borrowing costs low that is under consideration at the central bank, won't be enough to curb U.S. unemployment, El-Erian said at a reception in New York sponsored by the Financial Women's Association. The Fed will buy more bonds because it is terrified of deflation, an extended decline in consumer prices, he said.
"QE on its own means we'll have the same issues in six to nine months time with the rest of the world being inflated," El-Erian said. "It will have some benefits but not as much as we'd like. It will have costs and unintended consequences."
The Fed purchased $300 billion of Treasuries in 2009 under quantitative easing and traders are preparing for another round of buying that they've dubbed QE2.
Fresh purchases will drive up commodity prices as much of the money injected into the U.S. economy leaks out to other currencies, El-Erian said.
El-Erian has popularized the phrase "new normal" to describe how growth will be depressed by consumer retrenchment and tighter financial regulation. Pimco, based in Newport Beach, California, runs the world's biggest bond fund.
He also has said governments and central banks haven't detected the "ongoing paradigm shift" in their economies that will require remedies beyond stimulus programs. Among the fault lines he spots are strained balanced sheets, persistently high unemployment and a misunderstanding of financial markets.
Read more:
X-RAY VANS: Security Measure, or Invasion of Privacy?
By Diane Macedo
Published October 22, 2010
FoxNews.com
Privacy advocates worried about x-ray scanners making their way around U.S. airports may be surprised to know the technology is also making its way onto America's streets.
The Department of Homeland Security, the U.S. military and even local law enforcement agencies are buying and deploying mobile X-ray vans that can see into the interior of vehicles around them.
The Z Backscatter Van (ZBV), manufactured by American Science and Engineering (AS&E), can be used to detect contraband such as car bombs, drugs and people in hiding.
But the vans, which can also see through clothing and into some buildings, are raising privacy concerns as well as questions about health risks -- and what might happen if the technology gets into the wrong hands.
Voters Fed up With Obama's Big, Bossy Government
Patriotpost.us
By Michael Barone
Monday, October 25, 2010
Out on the campaign trail, Barack Obama has given us his analysis of why his party is headed for significant losses in the election nine days hence.
"Part of the reason that our politics seems so tough right now," said the president for whom politics did not seem so tough in 2008, "and facts and science and argument do not seem to be winning the day all the time is because we're hardwired not to always think clearly when we're scared. And the country's scared."
In other words, the voters can't see straight.
But maybe it's the Obama Democrats who are so scared they can't see straight. John Maynard Keynes famously said that practical men of business are usually the slaves of some defunct economist. In this case, it seems that practical men of politics may be the slaves of some defunct political scientists and historians.
Those political scientists and historians, inspired by the Progressive movement and New Deal of the last century, taught that history inevitably and properly moves left. It is a story of progress from little or no government to big and bigger government.
Bigger government, in this view, helps the ordinary citizen who is otherwise at the mercy of the masters of the marketplace. And those citizens will be grateful, especially in times of economic distress, to the politicians who expand government ever further.
Read the entire article
By Michael Barone
Monday, October 25, 2010
Out on the campaign trail, Barack Obama has given us his analysis of why his party is headed for significant losses in the election nine days hence.
"Part of the reason that our politics seems so tough right now," said the president for whom politics did not seem so tough in 2008, "and facts and science and argument do not seem to be winning the day all the time is because we're hardwired not to always think clearly when we're scared. And the country's scared."
In other words, the voters can't see straight.
But maybe it's the Obama Democrats who are so scared they can't see straight. John Maynard Keynes famously said that practical men of business are usually the slaves of some defunct economist. In this case, it seems that practical men of politics may be the slaves of some defunct political scientists and historians.
Those political scientists and historians, inspired by the Progressive movement and New Deal of the last century, taught that history inevitably and properly moves left. It is a story of progress from little or no government to big and bigger government.
Bigger government, in this view, helps the ordinary citizen who is otherwise at the mercy of the masters of the marketplace. And those citizens will be grateful, especially in times of economic distress, to the politicians who expand government ever further.
Read the entire article
Ohio Congressional Candidate Calls for an Audit of Federal Reserve
SIC SEMPER TYRANNIS!!!
Mark Matheny
October 25, 2010
Constitution Party Candidate David Ryon, running for the 15th District of Ohio, called for an Audit of the Federal Reserve in an interview with Jerry Revish on WBNS-10tv.
Source: http://www.10tv.com/live/content/video/election2010.html?videoUrl=/sites/10tv/videos/2010/10/06/david-ryon-1.xml
Mark Matheny
October 25, 2010
Constitution Party Candidate David Ryon, running for the 15th District of Ohio, called for an Audit of the Federal Reserve in an interview with Jerry Revish on WBNS-10tv.
Source: http://www.10tv.com/live/content/video/election2010.html?videoUrl=/sites/10tv/videos/2010/10/06/david-ryon-1.xml
Use of Contractors Added to War’s Chaos in Iraq
By JAMES GLANZ and ANDREW W. LEHREN
Published: October 23, 2010
It was early in the Iraq war, Dec. 22, 2004, and it turned out that the shots came not from insurgents or criminals. They were fired by an American private security company named Custer Battles, according to an incident report in an archive of more than 300,000 classified military documents made public by WikiLeaks.
The company’s convoy sped south in Umm Qasr, a grubby port city near the Persian Gulf. It shot out the tire of a civilian car that came close. It fired five shots into a crowded minibus. The shooting stopped only after the Iraqi police, port security and a British military unit finally caught up with the convoy.
Somehow no one had been hurt, and the contractors found a quick way to prevent messy disciplinary action. They handed out cash to Iraqi civilians, and left.
The documents sketch, in vivid detail, a critical change in the way America wages war: the early days of the Iraq war, with all its Wild West chaos, ushered in the era of the private contractor, wearing no uniform but fighting and dying in battle, gathering and disseminating intelligence and killing presumed insurgents.
There have been many abuses, including civilian deaths, to the point that the Afghan government is working to ban many outside contractors entirely.
Read the entire story
Ga., Fla. bank failures raise year's tally to 135
Marketwatch
By Wallace Witkowski
By Wallace Witkowski
SAN FRANCISCO (MarketWatch) -- Two bank failures in Florida and one in Georgia have raised 2010's tally to 135, according to the Federal Deposit Insurance Corp. on Friday. The Gordon Bank of Gordon, Ga., Tampa's Progress Bank of Florida, and First Bank of Jacksonville were closed by regulators. The total cost to the FDIC's deposit insurance fund for the three failures is $50.2 million.
U.S. encounters turbulence at G-20
Marketwatch.com
U.S. efforts to prod China to let its currency appreciate ran into flak in the Group of 20 as other countries worried the U.S. approach, if applied globally, could impair their growth.
U.S. efforts to prod China to let its currency appreciate ran into flak in the Group of 20 as other countries worried the U.S. approach, if applied globally, could impair their growth.
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Mercola.com Posted by: Dr. Mercola December 05 2009 22,565 views Jordan McFarland, a 14-year-old boy from Virginia, is weak and s...
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SSTNews Mark Matheny Every Year the World Economic Forum releases what is called a "Global Risks Report" What is interesting is ...
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SSTNews Mark Matheny Every Year the World Economic Forum releases what is called a "Global Risks Report" What is interesting is...