Haunting New Images From Sept. 11

Haunting New Images From Sept. 11

Ferguson and Faber: Sovereign Debt Crisis Will Spread World-Wide, U.S. Debt Is Unsafe




Thursday, February 11th, 2010


In a must-read essay, Niall Ferguson slams the prevailing Keynesian consensus, and says that the sovereign debt crisis in Greece will spread to America:

What we in the western world are about to learn is that there is no such thing as a Keynesian free lunch…

US government debt is a safe haven the way pearl harbor was a safe haven in 1941.

And in a must-watch interview, Marc Faber says that the US, Europe and the entire developed world will default on their debt:



Feds push for tracking cell phones

News.cnet.com


February 11, 2010 4:00 AM PST


by Declan McCullagh


Two years ago, when the FBI was stymied by a band of armed robbers known as the "Scarecrow Bandits" that had robbed more than 20 Texas banks, it came up with a novel method of locating the thieves.

FBI agents obtained logs from mobile phone companies corresponding to what their cellular towers had recorded at the time of a dozen different bank robberies in the Dallas area. The voluminous records showed that two phones had made calls around the time of all 12 heists, and that those phones belonged to men named Tony Hewitt and Corey Duffey. A jury eventually convicted the duo of multiple bank robbery and weapons charges.

Even though police are tapping into the locations of mobile phones thousands of times a year, the legal ground rules remain unclear, and federal privacy laws written a generation ago are ambiguous at best. On Friday, the first federal appeals court to consider the topic will hear oral arguments (PDF) in a case that could establish new standards for locating wireless devices.


In that case, the Obama administration has argued that warrantless tracking is permitted because Americans enjoy no "reasonable expectation of privacy" in their--or at least their cell phones'--whereabouts. U.S. Department of Justice lawyers say that "a customer's Fourth Amendment rights are not violated when the phone company reveals to the government its own records" that show where a mobile device placed and received calls.

Read the entire story

Insiders, Neocons Plan Simulated Cyber Attack

Kurt Nimmo

Infowars.com
February 11, 2010



The Bipartisan Policy Center (BPC) plans to simulate a cyber attack on America’s infrastructure on February 16, 2010. Dubbed Cyber ShockWave, the simulation “will provide an unprecedented look at how the government would develop a real-time response to a large-scale cyber crisis affecting much of the nation,” according to a BPC press release issued today.

Read the entire story





Obama strategy widens assault on terrorists

My.Freeze.com
(AP) By MATT APUZZO Associated Press Writer




In the early months of his presidency, President Barack Obama's national security team singled out one man from its list of most-wanted terrorists, Baitullah Mehsud, the ruthless leader of the Pakistani Taliban. He was to be eliminated.

Mehsud was Pakistan's public enemy No. 1 and its most feared militant, responsible for a string of bombings and assassination attempts. But while Mehsud carried out strikes against U.S. forces overseas and had a $5 million bounty on his head, he had never been the top priority for U.S. airstrikes, something that at times rankled Pakistan.

"The decision was made to find him, to get him and to kill him," a senior U.S. intelligence official said, recalling weeks and months of "very tedious, painstaking focus" before an unmanned CIA aircraft killed Mehsud in August at his father-in-law's house near Pakistan's border with Afghanistan.

It was not the first airstrike on Obama's watch, but it marked the first major victory in his war on terrorism, a campaign the administration believes can be waged even more aggressively than its predecessor's. Long before he went on the defensive in Washington for his handling of the failed Christmas Day airline bombing, Obama had widened the list of U.S. targets abroad and stepped up the pace of airstrikes.

Advances in spy plane technology have made that easier, as has an ever-improving spy network that helped locate Mehsud and other terrorists. These would have been available to any new president. But Obama's counterterrorism campaign also relies on two sharp reversals from his predecessor, both of which were political gambles at home.


Obama's national security team believed that the president's campaign promise to pull U.S. troops out of Iraq would have a side benefit: freeing up manpower and resources to hunt terrorists in Pakistan and Afghanistan. Intelligence officials, lawmakers and analysts say that approach is showing signs of success.

Obama also has sought to reach out to Islamic allies and tone down U.S. rhetoric, a language shift that critics have argued revealed a weakness, in an effort to win more cooperation from countries like Yemen and Pakistan.

For example, though Pakistan officially objects to U.S. airstrikes within its border, following the Mehsud strike, the U.S. has seen an increase in information sharing from Pakistani officials, which has helped lead to other strikes, according to the senior law enforcement official. He and other current and former officials spoke on condition of anonymity to discuss sensitive security matters.

Pakistan's cooperation is key to U.S. counterterrorism efforts because much of the best intelligence still comes from Pakistan's intelligence agency. Ensuring that cooperation has been a struggle for years, in part because Pakistan wants greater control over the drone strikes and its own fleet of aircraft, two things the U.S. has not allowed.

"The efforts overseas are bearing fruit," said Sen. Lindsey Graham, R-S.C., a strident critic of Obama's domestic counterterrorism policies who said Obama has at times shown himself even more aggressive than Bush in his use of force overseas. "I give them generally high marks for their efforts to capture and kill terrorists in Pakistan, and they're pushing the envelope in Yemen."

CIA drones, the remote-controlled spy planes that can hunt terrorists from miles overhead, are responsible for many of the deaths. Drone strikes began increasing in the final months of the Bush administration, thanks in part to expanded use of the Reaper, a newer generation aircraft with better targeting systems and greater, more accurate firepower.

Obama has increased their use even further. A month after Mehsud's death, drone strikes in Pakistan killed Najmiddin Jalolov, whose Islamic Jihad Union claimed responsibility for bombings in 2004 at U.S. and Israeli embassies in Uzbekistan. Senior al-Qaida operatives Saleh al-Somali and Abdallah Sa'id were killed in airstrikes in December. And Mehsud's successor at the Pakistani Taliban, Hakimullah Mehsud, died following an attack last month.

Intelligence officials and analysts say the drawdown of troops in an increasingly stable Iraq is part of the reason for the increase in drone strikes. The military once relied on drones for around-the-clock surveillance to flush out insurgents, support troops in battle and help avoid roadside bombs.

With fewer of those missions required, the U.S. has moved many of those planes to Afghanistan, roughly doubling the size of the military and CIA fleet that can patrol the lawless border with Pakistan, officials said.

"These tools were not Obama creations, but he's increased their use and he has shifted the U.S. attention full front to Afghanistan," said Thomas Sanderson, a defense analyst and national security fellow at the Center for Strategic and International Studies.

The Obama administration has also benefited from stepped-up cooperation with officials in Osama bin Laden's ancestral homeland of Yemen. Authorities there killed 30 suspected militants in airstrikes in December closely coordinated with U.S. intelligence agencies.

Yemen has had a sometimes rocky relationship with the U.S. and was perceived to have an on-again-off-again approach to fighting terrorism, but officials in Washington are cautiously optimistic about a newly strengthened relationship.

Abdullah al-Saidi, Yemen's ambassador to the United Nations, said his country has always been committed to fighting terrorism. But in a fragmented country beset by a growing al-Qaida presence, a rebellion in the north and a secessionist movement in the south, it wasn't always easy for the government to openly align with the United States.

Washington is trying to make it easier with the promise of more money. But perhaps more important, al-Saidi said, were overtures such as Obama's June 2009 speech in Cairo, where he sought a "new beginning" with the Muslim world.

Obama has also abandoned terms like "radical Islam" and "Islamo-fascism," rhetoric that was seen as anti-Muslim by many in the Arab world and which al-Saidi said made it harder for governments to openly cooperate with Washington.

"Just the notion of not equating Islam with terrorism, there is a lot of good will toward him," al-Saidi said. "For the public, it's easier to say, 'Well, it's no longer a hostile power as it used to be.'"

Such international successes have largely been drowned out by the controversy that followed the failed bombing of a Detroit-bound airliner on Christmas. When the FBI read suspected bomber Umar Farouk Abdulmutallab his rights and charged him in federal court, Republicans accused Obama of not understanding the country is at war.

"They're trying to be tougher than Bush overseas but different from Bush at home," Graham said. "It doesn't make a lot of sense. They really got the right model for Pakistan and Yemen, but they're really tone deaf at home."

After Obama missed his own deadline to close the prison for terrorist suspects at Guantanamo Bay, Cuba, and backtracked on a plan to prosecute 9/11 mastermind Khalid Sheikh Mohammed in a New York courthouse, Republicans saw the Detroit case as an opportunity to renew questions about Obama's national security credentials, Republican strategist Kevin Madden said.

Madden said that Obama's stepped-up strategy overseas doesn't resonate with voters, and Republicans gain little in an election year by acknowledging where they agree with the White House strategy.

"National security politics is driven by events more than it's driven by long-term trends," he said.

Or, as Graham put it: "What resonates with people is what happens in Detroit, more than what happens on the Afghanistan-Pakistan border."

The White House says it see no conflict between broadening the attacks overseas and sticking with the U.S. judicial system at home, where hundreds of people have been convicted on terrorism charges since the attacks of Sept. 11, 2001.

"The president believes that we need to use all elements of American power to defeat al-Qaida, including the strength of our military, intelligence, diplomacy and American justice," White House spokesman Ben Rhodes said. "We only weaken ourselves when we fail to use our full arsenal."



___



Associated Press writers Jennifer Loven and Lolita Baldor in Washington and Adam Goldman in New York contributed to this report.



The Dumping Begins: Chinese Reserve Managers Notified That Any Non-USG Guaranteed Securities Must Be Divested

Editor's Note: WE'RE HIT!!!

BlackListedNews.com
Published on 02-09-2010


Source: Zero Hedge



It appears that this time China's posturing is for real. Following up on our earlier post that Chinese military officials want to "punish" America by selling Treasuries, Asia Times Online is reporting that an explicit directive by the Chinese government has notified reserve managers to sell all risky US assets, including asset backed and corporates, and just hold on to explicitly guaranteed Treasuries and Agency debt. And from following TIC data we know that China's enthusiasm for MBS/Agencies over the past year has been matched solely by that of one Bill Gross.



From Asia Times:
Dollar-denominated risk assets, including asset-backed securities and corporates, are no longer wanted at the State Administration of Foreign Exchange (SAFE), nor at China’s large commercial banks. The Chinese government has ordered its reserve managers to divest itself of riskier securities and hold only Treasuries and US agency debt with an implicit or explicit government guarantee. This already has been communicated to American securities dealers, according to market participants with direct knowledge of the events.

It is not clear whether China’s motive is simple risk aversion in the wake of a sharp widening of corporate and mortgage spreads during the past two weeks, or whether there also is a political dimension. With the expected termination of the Federal Reserve’s special facility to purchase mortgage-backed securities next month, some asset-backed spreads already have blown out, and the Chinese institutions may simply be trying to get out of the way of a widening. There is some speculation that China’s action has to do with the recent deterioration of US-Chinese relations over arm sales to Taiwan and other issues. That would be an unusual action for the Chinese to take–Beijing does not mix investment and strategic policy–and would be hard to substantiate in any event.

Read the entire story

'Jerusalem will be Palestinian capital'

The Jerusalem Post
By JPOST.COM STAFF

28/01/2010 11:59


Abbas: Peace talks can’t start until Israel stops Jerusalem construction.


Palestinian Authority President Mahmoud Abbas on Thursday said that the Palestinians would not accept Abu Dis, a town between Jerusalem and Ma'aleh Adumim that is currently controlled by the PA, as the capital of their future state, but would insist on receiving control over east Jerusalem.

In an interview with an Arab-language Russian TV channel, Abbas explained that while he feels east and west must not be divided in practice, it was important that it would be clear which part of the capital belongs to the Palestinians and which part belongs to Israel.

The PA president said that the Israeli demand to be recognized as a Jewish state appeared only in the 1947 partition plan, hinting that Israel would have to implement that plan in order to gain recognition as a Jewish state.

Abbas went on to explain that he could not resume peace talks with Israel without agreeing on basic issues and while Israel continued construction in east Jerusalem, because the peace process would suffer a serious blow already after the first meeting.

“What if they say in this meeting that they do not accept the ’67 borders and are not prepared to discuss [the issues of] and the [return of Palestinian] refugees? What would we talk about?” Abbas was quoted as telling the Russian TV channel. “If I engage in negotiations while construction in goes on – they will say that is theirs, since I was willing to resume talks while construction continued.”

has rejected two ideas about resuming the peace talks, consolidated by the PA, and , Abbas claimed. Those ideas reportedly included a short building moratorium in the West Bank and east Jerusalem, Israeli recognition of international decisions and the resumption of peace talks from the point they were halted in December 2008, under then-prime minister Ehud Olmert.

Editor's Note:


 If I forget you, O Jerusalem,

may my right hand forget its skill .


 May my tongue cling to the roof of my mouth
if I do not remember you,
if I do not consider Jerusalem
my highest joy.


Remember, O YAHWEH, what the Edomites did
on the day Jerusalem fell.
"Tear it down," they cried,
"tear it down to its foundations!"


O Daughter of Babylon, doomed to destruction,
happy is he who repays you
for what you have done to us-


 he who seizes your infants
and dashes them against the rocks.
PSALM 137: 5-9


O God, do not keep silent;

be not quiet, O God, be not still.

See how your enemies are astir,
how your foes rear their heads.


With cunning they conspire against your people;
they plot against those you cherish.


"Come," they say, "let us destroy them as a nation,
that the name of Israel be remembered no more."


With one mind they plot together;
they form an alliance against you-


the tents of Edom and the Ishmaelites,
of Moab and the Hagrites,


Gebal,  Ammon and Amalek,
Philistia, with the people of Tyre.


Even Assyria has joined them
to lend strength to the descendants of Lot.


Do to them as you did to Midian,
as you did to Sisera and Jabin at the river Kishon,


who perished at Endor
and became like refuse on the ground.


Make their nobles like Oreb and Zeeb,
all their princes like Zebah and Zalmunna,


who said, "Let us take possession
of the pasturelands of God."


Make them like tumbleweed, O my God,
like chaff before the wind.


As fire consumes the forest
or a flame sets the mountains ablaze,


so pursue them with your tempest
and terrify them with your storm.


Cover their faces with shame
so that men will seek your name, O LORD.


May they ever be ashamed and dismayed;
may they perish in disgrace.


Let them know that you, whose name is YAHWEH -
that you alone are the Most High over all the earth.
PSALM 83

"Sha'alu Shalom Yerushalayim"  --- Pray for the Peace of Jerusalem
Mark Matheny.