Wednesday March 10th 2010
Welcome
To
The
World’s
First
Murdochracy
Must Read -
Presstitute Alert - A quote...."
March 10, 2010 "Information Clearing House" -- -- Adelaide is
Australia’s festival city. Its arts festival is currently in swing.
Polite debate, aesthetics and high-octane wine are putting the world to
rights. With one exception. Adelaide is where Rupert Murdoch began his
empire. The voracious trail starts here. No statue stands; his is a
spectral presence, controlling the only daily newspaper, even the
printing presses. Across Australia, he owns almost 70 per cent of the
capital city press and the only national newspaper, and Sky Television,
and much else. Welcome to the world’s first murdochracy."
Britain:
Murdoch’s
News
of
the
World
censured
for
bugging
on
an
“industrial
scale”
Related Article - A quote...."A report by the Culture, Media and Sports
Select Committee has exposed the contempt that the mass circulation
Sunday newspaper, News of the World (NoW), part of Rupert Murdoch’s
media giant News International, has for basic democratic rights,
parliament and the rule of law. -- Its 167 pages, part of a wider
inquiry into press standards, libel law reform, privacy and press
regulation, found that the newspaper had lied about the extent to which
its journalists had illegally hacked into the phones of the police, the
military, royals, government ministers, celebrities and other
well-known people in the top echelons of British society—in what was
described by one MP as hacking on a “near industrial scale.” --
For more on this issue see....Judeo-Christian
C/C
&
US
-
The
Media
Power
Rangers:
Policing
the
System
With
the
"Fightin'
Progressives"
Must Read - Ditto - A
quote...."Want to see what happens to you if you honestly oppose
imperial war? Want to see what happens to you if you honestly oppose a
horrendous corporate boondoggle that will effectively kill genuine
health care reform for years, if not generations? This is what happens
to you: The Liberal Case Against Dennis Kucinich. -- Yes, if you stand
up against endless, pointless, profiteering slaughter in foreign lands,
if you stand up against an astonishingly brazen, deeply dirty deal cut
in the White House itself to enrich some of the most brutal, rapacious
corporate sharks ever to feast, quite literally, on the bodies of
nation's working people and the poor, then those Fightin' Progressives
at Salon.com will come around and slap you with the cold, wet fish of
their withering scorn."
Washington
Post
Omits
Fact
That
Saddam’s
Nuke
Salesman
Was
Protected
By
U.S.
Government
Special Note -
Ditto --
Article also posted at DProgram
-- A quote...."The Washington Post has completely whitewashed new
revelations concerning how close Saddam Hussein came to obtaining a
nuclear bomb by failing to mention the fact that the provider, Khan
Research Laboratories, was shielded from investigation by the U.S.
government for decades. -- “As troops massed on his border near the
start of the Persian Gulf War, Iraqi President Saddam Hussein weighed
the purchase of a $150 million nuclear “package” deal that included not
only weapons designs but also production plants and foreign experts to
supervise the building of a nuclear bomb...."
US
forces
hold
Afghans
back
to
‘prove’
town
safe
for
Gates
visit
Ditto - A quote...."The
National Security writer for the Associated
Press saw through the propaganda, but she apparently decided to run
with it anyway." -
also posted at
ICH
& Uruknet
For more on this sort of issue
see....US
Fake
Intel
/
Propaganda
========== ========== ========== ========== ========== ==========
========== ====
Premature Withdrawal
-- Washington’s Cult of Narcissism and Iraq
Must Read - A
quote...."We’ve now been at war with, or in, Iraq for almost 20 years,
and intermittently at war in Afghanistan for 30 years. Think of
it as nearly half a century of experience, all bad. And what is
it that Washington seems to have concluded? In Afghanistan, where
one disaster after another has occurred, that we Americans can finally
do more of the same, somewhat differently calibrated, and so much
better. In Iraq, where we had, it seemed, decided that enough was
enough and we should simply depart, the calls from a familiar crew for
us to stay are growing louder by the week." -
also posted at Uruknet
Why
are We Spending More Than on the Cold War? -- The Pentagon's Runaway
Budget
Must Read - A quote....."With his decision to boost defense spending,
President Obama is continuing the process of re-inflating the Pentagon
that began in late 1998 — fully three years before the 9/11 attacks on
America. The FY 2011 budget marks a milestone, however: The
inflation-adjusted rise in spending since 1998 will probably exceed 100
percent in real terms by the end of the fiscal year. Taking the new
budget into account, the Defense Department has been granted about $7.2
trillion since 1998, when the post-Cold War decline in defense spending
ended. - The rise in spending since 1998 is unprecedented over a
48-year period. In real percentage terms, it's as large as the
Kennedy-Johnson surge (43 percent) and the Reagan increases (57
percent)
combined." - bold by
website editor --
also posted at
Uruknet
Why
Are
We
Still
in
Afghanistan?
--
Congress
voted
down
a
resolution
to
pull
out
of
Afghanistan
today.
Must Read - A
quote...."Conventional wisdom" among many Americans - and congress
members - is that we need to be in Afghanistan to protect our national
security."
US
House
rejects
bid
to
end
Afghanistan
stay -
Naturally.
-
mpg
A quote...."The US House of Representatives has rejected an effort by
anti-war lawmakers to force a withdrawal of all US troops from
Afghanistan by the end of the year. - On Wednesday, Sixty-five
lawmakers, most of them Democrats, voted for the pullout resolution,
while 356 voted against." -
Wow,
sixty-five human beings with a conscience, a little courage, and a
pulse. Welcome folks....to the land of the living dead. - mpg
"
Obama nears decision to use military tribunals
10 Mar 2010 President Barack Obama appears near a
compromise
surrender to allow military tribunals to move forward for the alleged
September 11 plotters in exchange for a deal to close the Guantanamo
Bay
detention center prison. Republican Senator Lindsey Lindsey
Graham has offered a deal that would allow Obama to fulfill his pledge
to close the criticized Guantanamo Bay detention center at a US base in
Cuba if the president agrees to use military courts." -
Paragraph quoted from CLG
US
soldiers
kill
Iraqi
couple
in
Baghdad
A quote...."US soldiers kill an Iraqi couple for unknown reasons
(Because they were making love, not war? -
mpg) to mark the latest of ordeals the US military
presence has imposed on Iraqis since the invasion of the country in
2003."
Ahmadinejad
calls
US
bluff
on
counter-terrorism
A quote...."Iran's president says the US must explain what its troops
are doing in Afghanistan, as catching terrorists only requires
intelligence work not military deployments." -
also posted at WarInIraq & AlethoNews
Civilians
Among
17
Killed
in
Latest
US
Drone
Strikes
-
Drone
Attacked
Crowd
of
Civilians
Rescuing
Victims
of
Previous
Drone -- A quote...."An
unknown number of civilians were slain today in Pakistan’s North
Waziristan Agency, when US drones launched a pair of attacks on a site
which left at least 17 people killed and several wounded."
Pakistanis
who
refused
airport
screening
[the
"naked"
scanner]
in
D.C.
are
hailed
at
home
A quote...."ISLAMABAD, Pakistan — A tour of the United States arranged
by the State Department to improve ties to Pakistani legislators ended
in a public relations fiasco when the members of the group refused to
submit to extra airport screening in Washington, and they are now being
hailed as heroes on their return home."
Folly
in
Somalia
-
We
and
the
rest
of
the
world
ought
to
leave
the
Somalis
to
their
own
devices
A quote...."Reports that the United States is providing military
assistance to the so-called government of Somalia to help it conquer
uncontrolled parts of the capital, Mogadishu, reveal continued folly in
U.S. policy toward that tormented country."
Vladmir
Putin
forging
ahead
with
vision
of
Eurasian
empire -
[HEY!
How
about we call it a "federation"?]
Must Read - Geo-Political
Analysis -- Some quotes....."The latest evidence emerged in a
suggestion by Igor Shuvalov, First Deputy Prime Minister in Mr Putin’s
Government, that Russia may abolish the rouble and create a common
currency with Kazakhstan and Belarus." -- "Were Ukraine to sign up,
there would be a common economic space encompassing the “Big Four”
republics of the Soviet era, with a combined population of 213 million
and stretching from the European Union to China. Its political,
military and economic centre would be in Moscow, where Mr Putin is
expected to reclaim the presidency in 2012 for up to 12 more years. -
A common currency would give him an
economic lever to challenge the US dollar and the euro by creating a
regional reserve currency. Finance Minister Aleksei Kudrin
stated last month that Russia, as the world’s largest energy supplier,
may soon sell oil in roubles. - A restored union also offers Russia a
chance to “bulk up” as it fights for survival between the EU and
Chinese giants. Its industry is outdated in comparison to Europe and
out-priced in labour costs by China, so a future beckons as supplier of
energy and raw materials to both economies. Mr Putin has no interest in
competing on price in these markets with Kazakhstan or Ukraine. " -
bold by website editor -
For more on
this issue see....Currency
Spheres
-
10-29-09
-
mpg
Russian
PM
Vladimir
Putin
due
in
India
for
talks
A quote...."Russian Prime Minister Vladimir Putin is due in India for
talks expected to focus on arms and energy contracts." -
also posted at WarInIraq
ROAR:
Militants
in
North
Caucasus
lose
another
“ideologue”
A quote...."Militants have confirmed the identity of Said Buryatsky, a
gang leader killed during a special operation in the Russian Republic
of Ingushetia on March 2."
Ukrainian
President Viktor Yanukovych forms coalition
A quote...."Ukrainian President Viktor Yanukovych has secured a
coalition in parliament, meaning a new government and prime minister
could be in place soon."
Ukraine
appoints
new
PM
and
government
A quote...."Ukraine’s parliament has backed the president’s
recommendation and approved ex-finance minister Nikolay Azarov as the
country’s new Prime Minister. A new government has also been appointed."
Neo-Nazi
Tendencies
in
the
Baltic
States:
Latvian
Ruling
Party
to
Appeal
Against
Ban
on
Waffen
SS
March
A quote...."Riga -- Latvia's ruling New Era party said on Sunday it
would appeal against a decision by the Latvian capital's legislature to
ban a demonstration by Waffen SS veterans and their supporters on March
16. -- The decision to ban the Waffen SS veterans demonstration was
made by the Riga Duma on Friday."
[Georgia's]
Saakashvili
[pronounced
"sack-of-sh-t"]
pays
US
firms
to
lobby
for
him
in
Washington
A quote..."Tbilisi has signed a contract with an influential US
lobbying firm, the Podesta Group. Thanks to its efforts, President
Saakashvili will reportedly pay his first visit to the US since Barack
Obama’s election."
US pushing Saudis
to back new Iran sanctions
A quote...."US Defense Secretary Robert Gates has paid a visit to Saudi
Arabia, seeking to win the support of the United States' closest ally
in the Persian Gulf on tough sanctions against Iran over its nuclear
program." --
For more on the Saudi
Royal's intentions regarding this issue see....The
Kingdom
of
Leprosy
-
10-07-08
-
mpg
& The
True
Axis
of
Evil
-
10-10-08
-
mpg
Fidel
Castro
TV
series
charts
638
assassination
attempts
A quote...."Illness has forced him from public view but Fidel Castro is
back in Cuban living rooms via a lavish television series that
celebrates his escape from 638 assassination plots."
========== ========== ========== ========== ========== ==========
========== ====
9/11
Truthers
[and
anybody
else]
Locked
Up
For
Life
Under
New
US
Law
- Alt - (RTYuTb
4m46s 03/09/10)
RT-Video -
Must View -
posted at DProgram
-- A quote...."(RussiaToday) – A new bill QUIETLY INTRODUCED by
congress last week is causing quite a stir among civil liberties
groups. The brainchild of senators John McCain and Joe Lieberman, the
bill would give the United States government the power to indefinitely
detain terror suspects without charge or trial. It would also allow the
government to interrogate them for the intelligence value and it doesnt
make a distinction between US citizens and non-citizens."
S.3081:
Enemy
Belligerent,
Interrogation,
Detention,
and
Prosecution
Act
of
2010
–
U.S.
Congress
–
OpenCongress
A quote...."The “Enemy Belligerent, Interrogation, Detention, and
Prosecution Act of 2010,” introduced by Senators John McCain and Joseph
Lieberman on Thursday with little fanfare, “sets out a comprehensive
policy for the detention, interrogation and trial of suspected
enemy belligerents who are believed to have engaged in hostilities
against the United States by requiring these individuals to be held in
military custody, interrogated for their intelligence value and
not provided with a Miranda warning,”
"
Enemy
Belligerent Interrogation, Detention, and Prosecution Act of 2010 - PDF
(A Bill) To provide for the interrogation and detention of enemy
belligerents who commit hostile acts against the United States, to
establish certain limitations on the prosecution of such belligerents
for such acts, and for other purposes. SEC.
2. PLACEMENT OF SUSPECTED UNPRIVILEGED ENEMY BELLIGERENTS IN MILITARY
CUSTODY. 3 (a) MILITARY CUSTODY REQUIREMENT.
Whenever within the United States, its territories, and possessions, or
outside the territorial limits of the United States, an individual is
captured or otherwise comes into the custody or under the effective
control of the United States who is suspected of engaging in
hostilities against the United States or its coalition partners through
an act of terrorism, or by other means in violation of the laws of war,
or of purposely and materially supporting such hostilities, and who may
be an
unprivileged enemy belligerent, the individual shall be
placed in military custody for purposes of initial interrogation and
determination of status in accordance with the provisions of this Act.
SEC. 3. INTERROGATION AND DETERMINATION OF STATUS
OF SUSPECTED UNPRIVILEGED ENEMY BELLIGERENTS. (a) ESTABLISHMENT OF
INTERROGATION GROUPS. (1) INTERROGATIONS TO BE CONDUCTED
BY HIGH-VALUE DETAINEE INTERROGATION GROUP... CLG Facebook group:
Unprivileged Enemy Belligerents --Join us!
-- Main CLG Fansite:
Citizens for Legitimate Government --Join us here,
too!"
--
Paragraph quoted from CLG
Another
state
to
feds:
Take
your
gun
regs
and
stuff
'em -
link
posted at DProgram
A quote...."Utah has become the third state to adopt a law
exempting
guns and ammunition made, sold and used in the state from massive
federal regulations under the Bureau of Alcohol, Tobacco, Firearms and
Explosives, and supporters say about 30 more states have some sort of
plan for their own exemptions in the works."
To become a member of the ACLU -
click
here
To become a member of the NRA -
click here
(you should do both, we're ALL
running out of time) - mpg
========== ========== ========== ========== ========== ==========
========== ====
Press
Release:
Cynthia
McKinney
supports
call
for
a
new
9/11
investigation
-
posted at DProgram
A quote...."(Reinvestigate911) – Speaking at meeting in the House of
Commons and later in a packed public meeting called by Reinvestigate
911, on Monday Cynthia McKinney endorsed the call for a genuinely
independent investigation into the 9/11 attacks. The issue has become
live again since President Obama cited 9/11 as the reason for
escalating the war in Afghanistan and extending it into Pakistan, she
said."
Dr.
David
Ray
Griffin
on
911:
"We're
Really
in
the
Level
of
Proof
Now
-
not
conjecture"
A quote...."Media character assassinations of the messengers bringing
911 truth contradicting the fairytale that was force-fed to the public
by their feckless "representatives" follow a usual pattern. But times
are a'changin'. -- The geometric growth in public awareness regarding
the facts of 911 truth has brought with it newly invigorated and
stronger demands for answers from government and misleading media who
continue propagandistic pollution of our public airwaves. Who would
expect that the profit mode would help enlighten our typically purblind
corporate fountains of koolaid propaganda as they face a stark reality:
that if they continue to pretend
that overwhelming evidence of fraud and crime doesn't exist- they will
continue to lose viewers - and lost viewers means lost advertising
dollars. That's how America really works - and there is no
escaping that fact!"
For more on the two articles
shown above see....Reficultnias's
9/11
Central
New
FBI
Files
Alleging
AIPAC
Theft
of
Government
Property
and
Israeli
Espionage
Released
A quote...."WASHINGTON, March 10 /PRNewswire-USNewswire/ --
Declassified files detailing an FBI investigation targeting the
American Israel Public Affairs Committee are now available on the
Internet. AIPAC was investigated after it acquired and circulated
classified government information provided in strict confidence by US
industry and worker groups opposed to AIPAC sponsored economic
legislation."
The
Last
Stand
for
Obamacare’s
PR
Campaign
Must Read - More on Obama's "get sick and die plan"
-- A quote...."It’s a remarkably well orchestrated effort
going on right now to pass what is laughingly refered to as “healthcare
reform” (read as “insurance industry bailout and Longevity Assurance
Program”)." --
For more on this
issue see....Double Indemnity - 12-21-09 - mpg
Obama
Approval
Rating
Hits
New
Record
Low
Related Article - A quote...."The Rasmussen Reports daily Presidential
Tracking Poll for Wednesday shows that 22% of the nation’s voters
Strongly Approve of the way that Barack Obama is performing his role as
President. Forty-three percent (43%) Strongly Disapprove giving Obama a
Presidential Approval Index rating of -21. That matches the lowest
Approval Index rating yet recorded for this President (see trends)."
[British]
Parents
Angry
Over
CCTV
In
School
Toilets
No doubt coming to a school
near you. - mpg -- A quote...."Outraged parents have hit out at
a school in Birmingham after pupils discovered CCTV cameras in the
school's toilets. Skip related content." -
also posted at BLN
California
state
senator
who
opposed
gay
rights
announces
he
is
homosexual
He's a "Republican", need one
say more, (airport bathrooms, congressional pages, Karl Rove, Jeff
Gannon, you know....the whole sorry mess) by the way folks,
there's no such thing as "gay". - mpg - A quote...."Roy
Ashburn, a California state senator who has staunchly opposed gay
rights has announced that he is homosexual."
========== ========== ========== ========== ========== ==========
========== ====
More On The
Palestinian Situation....
ISRAEL'S
NEW
ATTACK
PLAN
Special Note - A
quote...."Get the cheque book out America, Israel wants a facelift,
this is gonna cost you. -- More broadly,we need to think about what the
right messaging for an anti-BDS campaign could be “Let Israel Live,”
for example, may make Israel sound pathetic and may sound too 1940s “
kind of begging the world’s permission for Jewish survival.” But, given
the culture of crisis in the Jewish world, that is the kind of slogan
that just might work. We invite other suggestions. -- The BDS campaign
is causing Israel great problems worldwide. They have been working on
their new and improved "hasbara" game plan to hide the truth, cover it
up, and shut down the BDS campaign over time. Upon reading this
insanity, it occurred to me what the cost of such an endeavour would be
to Israel financially. When you read the "
new battle plans" below, think to
yourself the money that would be involved in
ALL of this new "hasbara campaign
worldwide" if they were to actually implement this new "War Room"
worldwide. I hope Americans are willing to increase that annual 3
billion to Israel, because if you think Israel will foot the bill,
think again."
European
Parliament endorses Goldstone Gaza report
Egads!!
It's
alive,
it's
moving
and
wait,
can
you
believe
it!
It
even
has
a
back
bone....Hip
Hip
Hooray! - mpg -- A quote...." The
European Parliament on Wednesday urged its 27-member states to monitor
the Israeli and Palestinian probes into alleged war crimes committed
during last year's late-winter conflict in Gaza."
In
Gaza,
UN
teams
destroy
unexploded
ordnance
[that
contained]
white
phosphorus
A quote...."10 March 2010 – Special United Nations bomb disposal units
today successfully destroyed two unexploded ordnance (UXO) containing
white phosphorus in the Gaza Strip, the first of a series of planned
activities to be conducted in the region over the coming months." -
also posted at Uruknet
Poll:
Half
of
Israeli
high
schoolers
oppose
equal
rights
for
Arabs
A quote...."Nearly half of Israel's high school students do not believe
that Israeli-Arabs are entitled to the same rights as Jews in Israel,
according to the results of a new survey released yesterday. The same
poll revealed that more than half the students would deny Arabs the
right to be elected to the Knesset."
Corrie
family
finally
puts
Israel
in
dock
over
daughter's
death
A quote...."HAIFA // Seven years after Rachel Corrie, a US peace
activist, was killed by an Israeli army bulldozer in Gaza, her family
is to put the Israeli government in the dock today." --
also posted at ICH
& GlobalRsrch
Peace
activist's parents sue Israel - (YouTube - 2 min 52 sec - March 10,
2010)
Video - A quote...."The
court trial for Rachel Corrie, the American peace activist killed aged
23 by an Israeli army bulldozer in Gaza in 2003, has begun in Haifa. -
Corrie was peacefully protesting Israel's demolition of Palestian homes
when the bulldozer crushed her to death. - The parents of Corrie are
now suing the government of Israel on charges that she was denied
"basic human rights" and of "gross negligence".
"Anything
you
want,
we
can
bring
to
the
Gaza
Strip"
Interview - A
quote...."The siege on Gaza is tightening as the Egyptian government
continues construction of an underground steel wall at the Rafah border
with Gaza to block the tunnel trade. The tunnels, which journalist
Robert Fisk has described as "the lung through which Gaza breathes,"
are the only means in which most basic goods like food and medicine
reach the besieged population in Gaza. Jody McIntyre spoke with Abu
Hanin, a Palestinian laborer from Gaza who works in one of the tunnels
at the border with Egypt."
Hamas
to
release
British
journalist
in
Gaza
A quote...."Gaza, March 11, 2010 (Pal Telegraph) - A British journalist
arrested by Hamas in the Gaza Strip last month and held for nearly four
weeks on suspicion of spying for Israel, was being released on
Thursday, his lawyer and Palestinian officials said."
========== ========== ========== ========== ========== ==========
========== ====
As
Budget
Deficit
Hits
Record
High,
Interest
On
US
Public
Debt
Hits
Record
Low
Charts -
(click to enlarge) -- A
quote...."What is wrong with this picture: the MTS just announced that
the February budget deficit was $220.9 billion, after receipts of just
$107.5 billion with vastly surpassed by outlays of $328.4 billion. This
is a record. Yet the interest on the public debt was a mere $16.9
billion (page 13 of the MTS report). The reason for this is because as
TreasuryDirect points out, in February the interest on public
marketable debt (actual cash outlays), which as of Monday stood at
$8.061 trillion, hit an all time low of 2.548%. How is it possible that
unprecedented debt accumulation can result in ever declining interest
rates, and Treasury auctions, such as today's 10 Year reopening, in
which the Bid To Cover hit an all time high? One answer: The Federal
Reserve...."
U.S.
Taxpayers
on
Hook
for
$5
Trillion
of
Fannie,
Freddie
Debt
...
No
Matter
What
Barney
Frank
Says
A quote...."House Financial Services Chairman Barney Frank caused a bit
of an uproar Friday when he suggested the U.S. government does not
guarantee the debts of Fannie Mae and Freddie Mac. -- Rep. Frank later
recanted and backed a Treasury Department statement reassuring
investors that, yes, Fannie and Freddie Mae debt is guaranteed by the
U.S. government. "Going forward," he said in a statement, we "will make
sure that there are no implicit guarantees, hints, suggestions, or
winks and nods...we will be explicit about what is and is not an
obligation of the federal government." --
also posted at BLN
Treasury
Plans
to
Take
Social
Security
from
Elderly
for
Unpaid
Loans
Why the "American" voters
choose to keep consistently voting AGAINST their better interests and
keep putting these criminals into office time after time is simply a
mystery. Next time folks, don't vote for a Demo/Repub. - mpg --
A
quote...."A
little–noticed
law
could
soon
result
in
smaller
Social
Security
checks
for
hundreds
of
thousands
of
the
elderly
and
disabled
who
owe
the U.S. money from defaulted loans and other debts more than a
decade old. -- Social Security benefits are off–limits to creditors,
such as credit–card companies and banks
[FOR NOW! But what about Obama's
"get sick and die plan"? Hmmmmmm. The "fees" that people will be forced to pay?]. But the U.S.
can collect debts to federal agencies by “offsetting,” or withholding
Social Security and disability payment."
Another
Record:
Treasury-Mortgage
Spread
Just
Took
Out
60
bps
Support
Chart - A quote...."The
10 Year Treasury To Mortgage spread just broke the 60 bps barrier, and
is now trading at a record tight 59.61 bps, after dropping as low as 58
bps earlier. Is the Fed now launching a short squeeze in MBS as well?
Pretty soon Mortgages will be trading at negative rates, when the Fed
realizes that the only way to get house prices higher is to pay
Americans to take out a mortgage."
[besides
the
$8,000
home
owners
credit]
PIMCO's
El-Erian
On
The
Inability
To
Grasp
The
Seismic
Changes
Currently
Occurring
In
The
Developed
World
A quote...."We have now reached a point when a Senator has to write a
well-intentioned letter to the very administration he serves, (whose
sworn duty is to preserve the wealth of all of its constituents, not
just Goldman Sachs), with a cautionary tale that continued lying to the
general population combined with a culture of opacity and persistent
fraud, will lead to a disastrous effect to the economy and to the very
fabric of American society. Alas, in a society in which those being
lied to extract a satisfaction as great, if not greater, from this
process, than those doing the actual lying, this is not too surprising.
Sticking our collective heads in the sand has traditionally worked
miracles for resolving the bulk of this nation's problems. And with the
public sector now demonstrating a preferential treatment for the
financial space, at the expense of 99% of the remaining population, it
has become obvious US citizens can no longer rely on the US government
for procuring the truth."
UK
banks see surge in bad debts
A quote...."The level of debts written off because defaulting borrowers
will never repay them shot up in 2009, Bank of England figures have
shown."
Europe
bars
Wall
Street
banks
from
government
bond
sales
Special Note - A
quote...."European countries are blocking Wall Street banks from
lucrative deals to sell government debt worth hundreds of billions of
euros in retaliation for their role in the credit crunch. -- For the
first time in five years, no big US investment bank appears among the
top nine sovereign bond bookrunners in Europe, according to Dealogic
data compiled for the Guardian. Only Morgan Stanley ranks at number 10."
Number
of
Chinese
billionaires
'second
only
to
US'
A quote...."China now has more billionaires than any other country
besides the United States, according to Forbes magazine."
Tuesday March 9th 2010
Breaking
Iraq:
Who
Benefits?
-
An
Interview
With
Dr.
Dahlia
Was -
Alt
- (YuTb -
9m57s - Jan 10, 2010)
Must View Video - A
quote...." Who benefits from invading and occupying Iraq? Are Americans
defending U.S. national security, or the security of our colonial
outpost in the Arab World? This interview discusses the neoconservative
Zionist cabal of the Bush administration who beat the drums for our
illegal invasion and occupation of Iraq. Thanks to snowshoefilms for
conducting the original interview and videography. "
Birgitta
Jónsdóttir’s
Patriotic
Fight
to
Save
The
People
of
Iceland
Must View Videos -
BJ(1/4) - BJ(2/4) - BJ(3/4) - BJ(4/4) - -
Hip Hip Hooray for
Iceland and its people! -
Resistance is NOT futile! -
mpg -- A quote...."Birgitta
Jónsdóttir, member of the Icelandic Parliament and a
sponsor of the Icelandic Modern Media Initiative, a proposal to create
a global safe haven for investigative journalism in Iceland."
Greece's
Austerity
Plan:
Devastating
Social
Consequences
Related Article - A quote...."The Greek government has announced the
implementation of an austerity plan which has the blessing of both the
EU and the IMF. But in the view of CADTM, the measures it contains are
wholly unacceptable. What the Greek government presents as a solution
to the crisis is no more than the hijacking of the Greek people, who
are being made to shoulder the cost of the irresponsible acts of the
financial players who aggravated this crisis."
Collapse
of
the
American
Empire:
swift,
silent,
certain
A quote...."'The Consummation of Empire' focuses us on Ferguson's core
message: At the very peak of their power, affluence and glory, leaders
arise, run amok with imperial visions and sabotage themselves, their
people and their nation. They have it all." -
also posted at DProgram
Our
Dirty
Little
Secret:
Who’s
Really
Poor
in
America?
A quote...."(AlterNet) – The problem today for most isn’t this
recession, it’s that except for the top 10 percent, average household
income hasn’t changed a bit for 10 to 20 years."
Eyre:
US,
UK,
NATO
and
Israeli
weapons
cause
genocide
A quote...."UK, March 9, 2010 (Pal Telegraph) - I feel intensely sick
deep inside to receive regular stories or reports on the terrible
aftermath of deaths and gross deformities as a result of weapons
containing not only uranium components but also other carcinogenic
components."
Ex-MI5
chief says US 'concealed suspect mistreatment'
A quote...."The former head of MI5 has claimed US intelligence agencies
"concealed" their mistreatment of terror suspects."
Ahmadinejad
in
Kabul,
sees
US-led
force
root
of
turmoil
A quote...."Iranian President Mahmoud Ahmadinejad has left Tehran for
Kabul leading a high-ranking delegation on his first official visit to
Afghanistan since the re-election of Hamid Karzai as president."
Obama’s
Potemkin
Afghanistan
A quote...."Yes, we own it – but what is it, exactly, that we own? --
Marjah, by all accounts appearing in the US media, is supposed to have
been a city, or at least a major town. Described as containing some
80,000 inhabitants – and a bustling center of insurgent activity, a
Taliban stronghold that had to be taken – Marjah was depicted as a
rather large target, and our glorious "victory" was therefore portrayed
as a major triumph. The only problem with this narrative is that it
bears no relation to reality."
Iran's navy
successfully test-fires Nour missile
A quote...."The Islamic Republic, embroiled in an escalating row with
the West over its nuclear programme, often announces advances in its
military capabilities and stages missile tests in an apparent bid to
show its readiness to counterattack. -- Neither Israel nor the United
States have ruled out military action if diplomacy fails to resolve the
dispute over atomic work the West fears is aimed at making bombs but
which Tehran says is for peaceful power generation."
9/11
Suspects Should Face Civilian Court, UN Envoys Say
A quote...."United Nations human rights investigators called on the
Obama administration on Tuesday to prosecute the accused September 11
masterminds in a civilian court, declaring that U.S. military tribunals
would not be fair." --
For more on
this issue see....9/11-Iraq-Torture
Fables
Fujita's Defenders hit
back hard at The Washington Post!
A quote..."For the intelligentsia of the world it is very refreshing to
see a politician, any politician, especially one from a highly advanced
country like Japan, finally display the intestinal fortitude to come
out and speak frankly and honestly against the official story of 9/11,
which is so obviously a blatant lie propagated by a bunch of
pathological miscreants with the unswerving support of the almost
unanimously compliant (and consequently complicit) US media."
--
For more on this issue see.....Reficultnias's
9/11
Central
Japanese
city
rejects
hosting
US
base
A quote...."Relocation of US troops from Futenma Marine airfield in
Okinawa’s Ginowan to the smaller town of Nago faces opposition by the
Nago assembly. -- The assembly on Monday unanimously adopted a
resolution of protest against the ruling coalition’s People’s New Party
(PNP). -- The PNP plans to present an alternative to a 2006 US-Japan
deal to relocate Futenma from the crowded city of Ginowan on Okinawa to
the coastal area of Nago." -
From
PressTV,
also posted at WarInIraq
The
liberals’
lament:
What’s
wrong
with
Obama? -
Absolutely
everything! - mpg
A quote...."The underlying premise of this opinionating is that Obama
heads a progressive administration that suffers from a “communication
problem” and is somehow unable to explain the benefits of its policies
to the American public. -- Obama does not, however, suffer from a
failure to communicate. He heads a right-wing, big business
administration whose policies and performance are rapidly dispelling
the popular illusions that accompanied his runaway election victory
only 16 months ago."
Grassroots
Activists
Call
for
‘National
Strike’
by
Americans
Set
for
April
15-18
Action Alert -
Special Note - A quote...."Karen
Quinn-Tostado of Oregon says she is just an everyday lady, but she is
playing a significant role in an uncommon effort to get the American
people to “face their oppressors,” as she put it. Ms. Quinn-Tostado is
calling on every willing American to detach from their routine and
engage in a national strike from the increasingly oppressive big
business-big government matrix that has snared Americans in unpayable
debt, endless toil, demolished rights and broken dreams with no
apparent solution."
Kill
Bill: Death to Obamacare!
Special Note - More on Obama's non-care plan --
A
quote...."(ThisCantBeHappening)
–
When
Obama
came
to
my
neighborhood
yesterday
to
press
for
public
support
for
his
health
“reform”
bill,
he
wasn’t
just
greeted
by
teaparty
hecklers.
Speaking to a large group of
mostly supportive students and local residents at Arcadia University in
Glenside, the president at one point went into his stock mode of
knocking critics on both left and right, mentioning that “people on the
left” want “single-payer.” But before he could add that that approach
wasn’t workable, he found himself drowned out by cheers calling for
Medicare for all and single-payer." --
also posted at DProgram
Poverty
in
Venezuela
fell
from
70%
in
1996
to
23%
in
2009
And it'll increase rapidly if
Chavez doesn't cool it with that socialism thing of his. Sure
national treasues like oil and gas, land redistribution, grid systems
like power, roads and canals, national risk systems like pensions and
health insurance and a well policed, well regulated securities
market is all very well and good. That's it though, anything else
and he's asking for a lot of trouble. - mpg -- A
quote...."Caracas, Mar 04. ABN.- Thanks to the policies of the
Bolivarian Government poverty in Venezuela fell to 23% in 2009 from
70.3% in the second half of 1996 accompanied by 40% of extreme poverty
and a record inflation rate of 103%." -
Hopefully their figures aren't as bogus as
the ones in this country. - mpg
Dubai
issues
16
more
int'l
warrants
for
Hamas
murder
suspects
A quote...."ABU DHABI, March 9 (Xinhua) -- Dubai's public prosecutor
has issued international arrest warrants for 16 more suspects involved
in the killing of a top Hamas official in January, raising the total
number of people on its wanted list to 27, the state news agency WAM
reported Tuesday."
========== ========== ========== ========== ========== ==========
========== ====
More On The
Palestinian Situation....
#Gaza1000:
1000 Days of The Israeli Siege on Gaza [+European Commission Report]
A quote...."Today, Gaza completes the day No. 1000 of the Israeli siege
and the disaster is eating the land and the citizens of Gaza. All of
that was because they didn’t want to leave their lands, they didn’t
give up to the settlers who wants to occupy their land, they said
loudly, NO for Israel and no for the occupation!" --
also posted at Uruknet
Netanyahu
has
never
been
a
peacemaker
A quote...."The maxim "actions speak louder than words" may be a cliche
but it is surely an accurate one when writing about Israeli Prime
Minister Binyamin Netanyahu's sincerity in reaching a peace deal with
the Palestinians. Since his Bar Ilan speech last June, Netanyahu has
been boasting of his "outstretched hand", his genuine intentions to
make peace with his neighbors and his stoic patience in waiting for a
Palestinian partner to finally grab this incredible opportunity."
Palestinian
Revolutionaries
on
International
Women's
Day
A quote...."The Palestinian people's oppression continues primarily due
to the financial, diplomatic and military support that the Zionist
state receives from the USA, and secondly the acquiescence of
pro-Western states in the region. After the fall of the Zionists
state’s long lost brother – the Apartheid state of South Africa – the
Palestinian struggle remains perhaps the leading and most potent
anti-imperialist struggle in the world. Unsurprisingly therefore
Palestinian women are a central example of what role women can play in
the struggle to free themselves, their families, communities and their
nation against imperialism and Zionism."
========== ========== ========== ========== ========== ==========
========== ====
6
Theories
On
Why
the
Stock
Market
Has
Rallied
Special Note - A
quote...."There are at least 6 theories about why the stock market has
rallied some 70% off its lows a year ago, even though nothing has been
done to actually address the root causes of the financial crisis."
Discouraging
Undertone
in
Non-Farm
Payrolls
A quote...."A Washington post article yesterday calls attention to the
unemployment situation, the several extensions of unemployment
insurance by Congress, and the associated cost to the US government
($10 billion per month, according to the article). Those who have
exhausted their 26 weeks of regular unemployment benefits are eligible
to receive special emergency benefits under the Emergency Unemployment
Compensation 2008 program passed by Congress in mid-2008. As we explain
in a previous post, the program has been expanded and extended several
times."
Just
how
low
does
sterling
have
to
go
to
boost
exports?
A quote...."So much for hopes of an export led recovery. You might have
thought that by now the 25 per cent devaluation in sterling seen since
the beginning of the crisis would have shown up in a narrowing trade
gap, but no, there is still no sign of it whatsoever." --
also posted at AlethoNews
China's
exports
rebound
continues
in
Feb,
up
45.7%
Related Article -- A quote...."BEIJING, March 10 (Xinhua) -- China's
exports grew for the third straight month in February, up 45.7 percent
year on year to 94.52 billion U.S. dollars, which indicated a rebound
in global demand, the General Administration of Customs announced
Wednesday."
Monday March 8th 2010
Time
for a U.S. Revolution – Fifteen Reasons - Article
also posted at DProgram
Must Read - A
quote...."March 08, 2010 "Information Clearing House" -- It is time for
a revolution. Government does not work for regular people. It appears
to work quite well for big corporations, banks, insurance companies,
military contractors, lobbyists, and for the rich and powerful. But it
does not work for people. -- The 1776 Declaration of Independence
stated that when a long train of abuses by those in power evidence a
design to reduce the rights of people to life, liberty and the pursuit
of happiness, it is the peoples right, in fact their duty to engage in
a revolution."
Illusions Of Freedom
-
Article
also posted at DProgram
Must Read - Contains Video
- A quote...."Supposedly governments were meant to make human life
easier and safer. But governments always end up enslaving humanity.
That which we create to "serve us" ends up "ruling us." The US
government by and for the people now imprisons millions. It takes half
the income by force, over-regulates, punishes, tortures, slaughters
foreigners, invades countries; overthrows governments, imposes seven
hundred imperialistic bases overseas and crushes future generations
with massive debts. That which we create to serve us ends up ruling us."
Calling
All
Rebels
Must Read - A
quote...."There are no constraints left to halt America’s slide into a
totalitarian capitalism. Electoral politics are a sham. The media have
been debased and defanged by corporate owners. The working class has
been impoverished and is now being plunged into profound despair. The
legal system has been corrupted to serve corporate interests. Popular
institutions, from labor unions to political parties, have been
destroyed or emasculated by corporate power. And any form of protest,
no matter how tepid, is blocked by an internal security apparatus that
is starting to rival that of the East German secret police. The
mounting anger and hatred, coursing through the bloodstream of the body
politic, make violence and counter-violence inevitable. Brace yourself.
The American empire is over. And the descent is going to be
horrifying." - also posted at ICH
It’s
time:
Declare
lies
for
war
with
Iran
as
treason
against
our
soldiers
and
US
Constitution
Must Read - Article posted at DProgram
-- A quote...."Five thousand dead American soldiers in wars all based
in known lies. -- Thirty thousand admitted American soldiers wounded
and injured with over 100,000 disability claims granted. -- Over
one million dead Iraqi and Afghan citizens and God knows how many
wounded and suffering. -- $3 to $5 trillion in long-term costs to
American taxpayers. That’s $30,000 to $50,000 per US household of
$50,000 annual income. If your household makes more than $50,000 per
year, do the math to understand your personal obligation to pay for
these long-term costs based on known lies. -- And now the US
threatens nuclear war with Iran based in known lies:"
Real
Christians
Fight
Against
Injustice
Must Read - A
quote...."Preface: If you are (1) an atheist and believe that religion
is crazy or (2) of a faith that doesn't value the Bible, please
remember that the overwhelming majority of Americans identify
themselves as Christian, and that most people make decisions and
process information based on their beliefs. As I pointed out last
month:"
"The overwhelming majority - 75%
- of all Americans consider themselves to be Christian. It is
irrelevant for this discussion ... whether or not those 75% are all
living up to their values, whether every word of the Bible is true,
whether Christianity is a detrimental force undermining democracy and
reason, or whether all organized religion is a con...What is important
is that most Americans are Christian, and so [I invite you to become at
least a little bit "bilingual" and to] speak in language meaningful to
Christians."
Washington’s
Road
to
Ruin
--
US
/
China:
Provoking
the
Creditor,
Hugging
the
Holy
Man
Must Read - Geo-Political Analysis -- A
quote...."March 08, 2010 "Information Clearing House" -- The key to
understanding this paradox of economic gain and political hostility
lies in the fundamentally different political and economic structures
and global strategies of the two countries. The US economy has been
driven by its financial and speculative capitalist classes, which in
turn wield decisive political influence over state economic policy. At
the same time, the commercial capitalist class is more attuned to
importing manufactured goods, rather than in long-term investment in
research, development in the American manufacturing sector. Neither
commercial nor financial capital has a stake in stimulating US exports
and in investing in the productive forces of the country. The design
and implementation of US global strategy is controlled by the civilian
militarists and imperial ideologues, (especially the Zionists) in
government and their counterparts in sectors of the military high
command."
There has
never been an Israeli peace camp
Must Read - A
quote...."The Israeli peace camp didn't die. It was never born in the
first place. While it's true that since the summer of 1967, several
radical and brave political groups have been working against the
occupation - all worthy of recognition - a large, influential peace
camp has never existed here. -- It's true that after the Yom Kippur
War, after the first Lebanon War and during the giddy days of Oslo (oh,
how giddy those days were), citizens took to the streets, generally
when the weather was nice and when the best of Israeli music was being
performed at rallies, but few people really said anything decisive or
courageous, and fewer still were willing to pay a personal price for
their activities." - also posted at
ICH
Why
America Should Apologize
Special Note -- A
quote...."These shallow and ignorant statements are an affront to any
sense of justice, morality, and civic virtue. If, as Romney suggests,
America has "made some mistakes," it might just follow that, depending
on their severity and damage, we should apologize and/or make
reparations. To see where this might apply, and in stark contrast to
the superficiality of Romney and his like-minded cohorts, let’s dig a
bit deeper and consider a few examples, in no particular order:"
Defense
Department, Inc.
Quote of the Day...."Every
gun
that
is
made,
every
warship
launched,
every
rocket
fired
signifies
in
the
final
sense,
a
theft
from
those
who
hunger
and
are
not
fed,
those
who
are
cold
and are not clothed. This world in arms is not
spending money alone. It is spending the sweat of its laborers,
the genius of its scientists, the hopes of its children. This is
not a way of life…. Under the clouds of war, it is humanity
hanging on a cross of iron." -- *Dwight
D
Eisenhower*, American Society of Newspaper Editors, 16 April
1953 -- also posted at ICH
The
World's Sickest Warrior State
Special Note - A
quote..."March 08, 2010 "Information Clearing House" --
Without doubt, the US has not only become the world's major power, it
has become the world's sickest warrior state. Neither conscience nor
empathy for others defines the qualities of the sociopath. -- It's past
time for humanitarians to reject the double standards set by warmongers
and supported by arms-makers and the mainstream media. The clergy needs
to stop preaching sanctimonious sermons. Finally, educators should
adopt and teach a zero tolerance policy for self-righteous warriors."
-- also posted at AlethoNews
'US
running
intl.
network
of
secret
detentions'
Related Article - A quote...."A United Nations report on the existence
of secret detention facilities in countries around the world puts most
of the blame on the US and its Central Intelligence Agency." - also posted at AlethoNews
[British]
Government
attempts
to
keep
torture
case
secret
A quote...."The government will attempt today to have a case about
torture heard entirely behind closed doors in a move that some lawyers
say would extend secrecy to a new area of hearings, overriding ancient
principles of English law." - also
posted at AlethoNews
& WarInIraq
Iran
predicts
disunity
over
sanctions
A quote...."TEHRAN (AFP) – World powers will fail to reach a consensus
on imposing new sanctions against Iran over its controversial nuclear
programme, a the foreign ministry said on Sunday."
Iran
ready
to
do
uranium
exchange
with
new
countries,
says
ministry
A quote...."Tehran - Iran is ready to conduct its uranium exchange plan
also with fresh countries, Foreign Ministry spokesman Ramin
Mehmanparast said Sunday, according to the Fars news agency"As we have
reached no results yet with France, Russia and the United States over
the uranium exchange plan, the International Atomic Energy Agency
(IAEA) head has asked other countries to get involved," Mehmanparast
said."
Iraqi
PM's
coalition
claims
early
lead
A quote...."IIraqi Prime Minister Nouri al-Maliki's Rule of Law
coalition has claimed it is leading in the country's parliamentary
election, according to preliminary results. -- The Rule of Law's
representatives say the list had come up trumps in Baghdad and the Shia
south, the coalition's Abbas al-Bayati was quoted as saying by the
Associated Press early on Tuesday morning."
A War
of Perception and Misinformation - The Siege of the Fictional City of
Marja
A quote...."For weeks, the U.S. public followed the biggest offensive
of the Afghanistan War against what it was told was a "city of 80,000
people" as well as the logistical hub of the Taliban in that part of
Helmand. That idea was a central element in the overall impression
built up in February that Marja was a major strategic objective, more
important than other district centres in Helmand." -- also posted at AlethoNews
First
Iceland,
then
the
World
Special Note - A
quote...."Who cleans up the mess when ignorant, greedy bankers rack up
massive debt then go broke? The people of Iceland made a strong
statement Saturday. The sins of big bankers and government regulators
shouldn't fall on the citizens. By a 93% to 2% margin, they voted down
a proposal requiring them to cover bad debt incurred by one of the
nation’s oldest and largest banks. Covering the debt would have cost
Iceland's 317,000 citizens around $17,000 each." - also posted at Uruknet
Icelandic Modern Media
Initiative - Hip Hip Hooray! - Iceland's one
fingered salute to the Bankster class! - mpg
Special Note - A
quote...."Proposal for a parliamentary resolution -- for Iceland to
strongly position itself legally with regard to the protection of
freedoms of expression and information." - That means they'll host people like
Wikileaks etc. - mpg
"Parliament resolves to task the
government with finding ways to strengthen freedoms of expression and
information freedom in Iceland, as well as providing strong protections
for sources and whistleblowers. - In this work, the international team
of experts that assisted in the creation of this proposal should be
utilized."
Women
of
Resistance
Special Note - A
quote...."Never underestimate the strength of women in resistance and
struggle. Given that I come from an oppressed country where once, like
the Palestinians today, have also had to struggle for Freedom, Justice
and Equality. And today being International Women’s Day, I have to
write about the women of Palestine and Ireland. As the women in my life
would remind me, they played an important role in our struggle, and
just like in Ireland, the women of Palestine do this everyday." -- also posted at Uruknet
Israel allows UN
chief Ban, EU's Ashton to enter Gaza
A quote...."JERUSALEM — Israel said on Monday that it has authorised a
visit to the Gaza Strip by UN Secretary General Ban Ki-moon and EU
foreign affairs chief Catherine Ashton through its territory." - also posted at Google
Does
Israel
hope
to
spark
a
new
wave
of
suicide
bombing?
Absolutely!!
What people really need in the Middle East to defend their homes and
property is a lot of good, accurate, cheap, man-portable, long-range,
anti-armor and anti-air missiles. Once they get their hands on
those they'll be able to defend their rights and freedoms with the
greatest of ease. - mpg -- A quote...."Here in the civilized
West we hate suicide bombers with a passion. - We’re taught that the
proper way to blow fellow humans to smithereens is to do it from 40,000
feet. - Or failing that, send Apache helicopter gunships at street
level firing their laser-guided missiles and 30mm cannon. - Or failing
that, turn loose our main battle tanks to shred and vaporize the
“enemy”, reduce their homes to rubble with depleted uranium (DU) shells
and spread birth defects for generations to come. - Nowadays we don’t
even have to leave home to do it. We can train our really brainy chaps
to steer armed drones to the target from the comfort of an armchair."
A
Detention
Bill
You
Ought
to
Read
More
Carefully
A quote...."Why is the national security community treating the "Enemy
Belligerent, Interrogation, Detention, and Prosecution Act of 2010,"
introduced by Sens. John McCain and Joseph Lieberman on Thursday as a
standard proposal, as a simple response to the administration's choices
in the aftermath of the Christmas Day bombing attempt? A close reading
of the bill suggests it would allow the U.S. military to detain U.S.
citizens without trial indefinitely in the U.S. based on suspected
activity. Read the bill here, and then read the summarized points after
the jump." - also posted at AlethoNews
Pakistani
lawmakers
refuse
"naked"
body
scan,
cut
short
US
visit - Hip Hip
Hooray! At least they';re not sheep!
Special Note - A
quote...." Islamabad - A delegation of Pakistani lawmakers refused to
subject themselves to a controversial full-body X-ray scan at a
Washington airport, a media report said on Sunday. -- The six-member
group of the parliament members from Pakistan's restive tribal region
cut short their official US visit immediately to return home, the
Pakistani Express News channel said." -- To ALL foreigners and TRUE Americans....Boycott the scan!!
Don't do any business in the
US-NRE or subject yourselves to this machine....(it could save your
life) - mpg
New
visa
fee
to
visit
the
US
Special Note - Related
Article - Boycott!
Boycott!
Boycott! the
US-NRE Police State. After all Europe is ever so much a nicer
place to visit. - mpg -- A quote...."Aiming to reverse a steep
drop in international visitors since the 2001 terrorist attacks,
Congress last week passed legislation creating a non-profit corporation
to promote the United States as a travel destination." - To foreigners....don't come here, unless
you're a sado-masochist and you want a bunch of sick perverted TSA
goons do whatever they want to you. - mpg
ACLU
Morphs
Obama
into
Bush
in
NYT
Ad
on
Terrorism
Trials
A quote...."The civil liberties community isn't letting President Obama
off the hook on terrorism trials: after news last week that Obama's
advisers will recommend military trials for Khalid Sheikh Mohammed and
the alleged 9/11 conspirators, the ACLU took out a full-page ad in The
New York Times (published Sunday) pressuring Obama not to back away
from Attorney General Eric Holder's plan to try them in civilian
courts."
To become a member of the ACLU - click
here
To become a member of the NRA - click here
(you should do both) - mpg
Proof
that
9/11
Truthers
Are
Dangerous
-
[Not!]
A quote...."Most Americans don't know what kind of people 9/11 truthers
really are. So they can't figure out whether or not they are dangerous.
- Below is a list of people who question what our Government has said
about 9/11. - The list proves - once and for all - that people who
question 9/11 are dangerous." -- also
posted
at ICH
========== ========== ========== ========== ========== ==========
========== ====
More On The
Palestinian Situation....
French
protest
import
of
Israeli
settlement
goods
Action Alert -- Boycott, Divest and Sanction - Because if it's not done, the
Israelis will keep on murdering Palestinians. - mpg -- A
quote...."Thousands of French protesters have rallied against the
import of Israeli goods produced in Palestinian territories. --
Monday’s demonstration comes less then a month after the European
Union’s Court of Justice ruled that Israeli goods made in Jewish
settlements in the occupied West Bank cannot be considered Israeli" - From PressTV
- also posted at WarInIraq -- For
more on how
to
Boycott, Divest and Sanction the state of Israel see the
upper-left-corner of the "Front Page" of this website. - mpg
Amir,
ten
years
old,
abducted
by
Israeli
soldiers
from
his
bed
A quote...."Amir al-Mohtaseb smiled tenderly when I asked him to tell
me his favorite color. Sitting in his family's living room last
Thursday afternoon, 4 March, in the Old City of Hebron, the
ten-year-old boy with freckles and long eyelashes softly replied,
"green." He then went on to describe in painful detail his arrest and
detention -- and the jailing of his 12-year-old brother Hasan by
Israeli occupation soldiers on Sunday, 28 February."
Report: 3 children detained by
Israeli forces while gathering herbs
A quote...."Bethelehem - Ma'an - Three Palestinian children were
detained by Israeli soldiers on Sunday as they gathered herbs in
At-Tuwani village, southern Hebron, a peace organization reported." - also posted at Uruknet
Settlers
destroy
natural
spring
used
by
Palestinians
for
farming
near
Salfit
A quote...."A group of Israeli settlers today destroyed a spring by the
village of Qarawat Bani Hassan in the Salfit district. The settlers
poured sand and cement into the spring, guarded by five armed members
of the Israeli military."
MIDEAST:
Palestinians Excluded From Bulk of West Bank
A quote...."IDNA, Occupied West Bank, Feb 27, 2010 (IPS) - Israel’s
illegal occupation and continued expropriation of Palestinian land in
the West Bank has left 2.5 million Palestinians living there with
effectively less than 40 percent of the territory."
Palestinian
Revolutionaries
on
International
Women's
Day
A quote...."The Palestinian people's oppression continues primarily due
to the financial, diplomatic and military support that the Zionist
state receives from the USA, and secondly the acquiescence of
pro-Western states in the region. After the fall of the Zionists
state’s long lost brother – the Apartheid state of South Africa – the
Palestinian struggle remains perhaps the leading and most potent
anti-imperialist struggle in the world. Unsurprisingly therefore
Palestinian women are a central example of what role women can play in
the struggle to free themselves, their families, communities and their
nation against imperialism and Zionism."
========== ========== ========== ========== ========== ==========
========== ====
Is
The Federal Reserve Insolvent?
Must Read - Charts - A
quote...."The ongoing troubles at the GSEs are no secret: it is public
knowledge that Fannie had a 5.38% delinquency rate at December, while
Freddie just passed the 4% threshold in January; both continue to rise
rapidly each month. The fact that the mortgage-bond spread has just hit
a record tight is merely an ongoing artifact of the Fed's endless
meddling in the mortgage market, with the sole purpose of keeping rates
artificially low, and preventing banks from being forced to take
massive writedowns on their entire loan book. This is all well known.
What, however, seems to have escaped public attention is what the
impact of these delinquencies is on the one largest holder of Mortgage
Backed Securities, the Federal Reserve. What also seems to have escaped
the public is that the Fed is now the world's largest bank, with total
assets near $2.3 trillion."
How
Goldman
Sachs
runs
the
government!
- Alt - (YuTbe -
10 min 49 sec - March 03, 2010) @ DProgram
Must View Video -- A
quote...."This video is a visualization of Matt Taibbi's "The Great
American Bubble Machine" -- It has been cut down slightly to fit the 10
minute time constraints. To read the original article click this link:"
Ron
Paul
–
If
the
Fed
didn’t
exist
there
would
be
no
deficits - Alt - (CBSYuTb 7m26s 03/08/10) @ DProgram
Must View Video - A
quote...."Ron Paul spoke with Bob Schieffer of CBS News about his
primary victory and his allegations against the Federal Reserve."
Max
Details
The
Banking
Cartels
Financial
Criminality
in
Pillaging
Europe
on
The
Alex
Jones
Show
Must View AJ-Videos - Max(1/6) - Max(2/6) - Max(3/6) - Max(4/6) - Max(5/6) - Max(6/6) -- @ DProgram
-- A quote...."Alex welcomes back to the show film-maker, broadcaster
and former broker and options trader, Max Keiser. Keiser is the host of
On the Edge, a program of news and analysis hosted by Iran’s Press TV,
and he also hosts Keiser Report, a financial tabloid, that broadcasts
on Russia Today. Keiser correctly predicted the sub-prime
mortgage-backed securities crisis would result in recession and also
predicted the break-down of Iceland’s economy in 2008.
Wall
Street
Has
Become
Underwrita
Non
Grata
In
Europe
Special Note - A
quote...."First China comes through on its threat of disposing US
securities, now Europe is rapidly isolating Wall Street from
participating in European sovereign bond offerings. The Guardian
reports that "for the first time in five years, no big US investment
bank appears among the top nine sovereign bond bookrunners in Europe,
according to Dealogic data compiled for the Guardian."
Is
Okun's
Law
Broken?
SF
Fed
Discusses
Why
Record
Worker
Productivity
Is
Painting
An
Overly
Optimistic
Jobs
Picture - Special
Note - Charts - A
quote...."One of the big puzzles over the past several months has been
the apparent plateau in the unemployment rate, even despite a double
dip in initial claims and an overall sentiment that the economy is
ready to take a second, post-stimulus, leg down. Aside from the
traditional allegations of data fudging by the BLS, one concept often
presented has been the unprecedented surge in labor productivity, which
despite overall declines in hours per worker and a deterioration in the
labor force, has allowed GDP to not only regain its losses from the
recent lows, but to stage a dramatic improvement. Today, in a must read
paper, the San Francisco Fed tackles precisely this topic, and comes to
the unpleasant conclusion that unemployment rate forecasts may well be
too rosy for 2010 and beyond, especially if companies continue to
sacrifice workers at the expense of ever increasing "worker
productivity" which in itself is about as "credible" as any other data
series presented by the government over the past year."
'We
will
not
offer
Greece
a
cent':
German
economy
minister
deals
hammer
blow
to
Athens
as
rioters
attack
police
on
the
streets -- A
quote...."It could almost be a battle from Greece's ancient past
- a melee of fighting at close quarters with shields, raised
weapons and flags. -- But this was the scene in Athens yesterday as
riot police clashed with protesters outraged by cutbacks designed to
slash the country's huge budget deficit."
Gerald
Celente
–
UK
GDP
as
bad
as
Greece;
Hedge
funds
affecting
the
Euro - Alt
-
(RTYuTb - 4m40s - 03/07/10)
RT-Video -- @ DProgram
-- A quote...."(RussiaToday) – March 7, 2010 – The Greek debt crisis is
bringing down the Euro’s value, but is that the only reason the euro is
destabilizing? Recently, the United States Department of Justice is
investigating major hedge funds, saying they may be at fault for this
economic fall."
[US]
Layoffs
increase
after
four
months
of
lower
claims
A quote...." Employers took 1,521 mass layoff actions in January, which
resulted in 182,261 workers losing their jobs, said the Bureau of Labor
Statistics. - Each mass layoff involved at least 50 people from a
single employer - and both layoff events and initial claims increased
during January, after four consecutive decreases."
Sunday March 7th 2010
No posts. - mpg
Saturday March 6th 2010
Our
world
balances
on
a
sea
of
debt
Must Read - The article neatly sums up, while
providing a tidy
little paradigm, of just how the Banksters have ruined us all. - mpg --
A
quote...."The
banks
that
control
the
world’s
supply
of
money
are
no
better
than
counterfeiters
–
and
their
system
of
juggling
debt
has
left
the
global
economy
teetering
on
the
brink of ruin. Convicted fraudster
Darius Guppy offers a provocative personal view " -
also posted at
ICH
-
For more on this issue see also....The
Virtual
Economy
-
05-01-09
-
mpg
Does
the
Financial
System
need New Guard Rails?
Special Note -
Quote of the Day...." But
it's clear from Fannie Mae's recent losses, that the banks have already
figured out how to shed their toxic assets without arousing undo public
interest.
Most people are unaware
that the Bush administration dumped hundreds of billions of
dollars of mortgage-backed sewage into the GSE's (Fannie and Freddie)
right after the subprime meltdown. As soon as the secondary market
froze-over, banks realized that their vaults were filled with worthless
paper they needed to get rid of pronto. Fannie turned out to be the
perfect solution, a vast and shadowy public landfill where all manner
of toxic sludge could put to rest. Here's a clip from Rortybomb which
explains how it all worked:" - bold by website editor
Wall
Street
Took
Your
House
and
Your
Retirement,
Now
They're
After
Your
Social
Security
Special Note - Related
Article - A quote...."In addition to mandatory private health insurance
premiums, we may soon be hit with a "mandatory savings" tax and other
belt-tightening measures urged by the president's new budget task
force. These radical austerity measures are not only unnecessary, but
will actually make matters worse. The push for "fiscal responsibility"
is based on bad economics."
"It
is
Not
Because
Things
are
Difficult
that
We
Do
Not
Dare;
It
Is
Because
We
Do
Not
Dare
that
They
are
Difficult.”
-- Must Read - A quote...."So many
people seem to have given up any hope of taking back our power. So I am
re-posting two essays I wrote a couple of years ago to help re-light
the fire ..."
Kucinich
Forces
Congress
to
Debate
Afghanistan
A quote...."March 06, 2010 "Information Clearing House" -- On
Thursday Ohio Representative Dennis Kucinich introduced H. Con Res.
248, a privileged resolution with 16 original cosponsors that will
require the House of Representatives to debate whether to continue the
war in Afghanistan. Debate on the resolution is expected early next
week."
Judge
won't
dismiss
suit
naming
Rumsfeld
Yes, but the Supremes
will -- Still, it's nice to see someone in the Federal Judiciary
take a stand for the constitution every once and awhile. It gives
one a sense of hope, however fleeting, ill treated and ill used that
word has become in this country. - mpg -- A quote...."A federal
judge refused Friday to dismiss a civil lawsuit accusing former Defence
Secretary Donald Rumsfeld of responsibility for the alleged torture by
US forces of two Americans who worked for an Iraqi contracting firm."
Washington
at
Its
Worst:
Stop
the
Gitmo
Sell-Out
It's
NOT
a
sell-out,
it's
a
COVER-UP. For
more on this issue see....9/11-Iraq-Torture
Fables -- A quote....
"Yesterday, the Washington Post reported that President Obama's
advisers are "nearing a recommendation" that the administration
overrule Attorney General Holder's plan for a criminal trial for Khalid
Sheik Mohammed and other Guantanamo Bay detainees and revert to
Bush/Cheney military commissions. Negotiations have reportedly been
underway between Rahm Emanuel and Senator Lindsey Graham, with Graham
allegedly promising to help the administration curry favor with Senate
Republicans in his bid to close Guantanamo Bay if the president
abandons his Attorney General and his pledge to defend the rule of law."
Mike
Rivero
on
Alex
Jones
Tv
–
Mainstream
Media
is
Losing
All
Credibility
on
Every
Issue
Must View Videos - M/Rivero(1/4) - M/Rivero(2/4) - M/Rivero(3/4) - M/Rivero(4/4) -- A
quote...."(March 3, 2010) – Alex also talks with Mike Rivero, webmaster
of the popular alternative news portal WRH and GCN talk show host. Mike
makes his monthly appearance on the Alex Jones Show to discuss the
economy and the plans of the Nwo."
Shias
targeted
in
Pakistan
blast
The CIA's al-CIA-duh is doing
their level best to do to Pakistan what they've already done to Iraq.
The US-NRE's associated lackeys are the sewage slime that vilely oozes
from the cesspits of hell covering the whole world. If the Taliban
don't denounce this sort of
activity, than everybody will know where they stand....with the
slime Everyone in the Middle East should have realized by now the
Saudi
Royal's CIA encouraged billions just simply aren't worth it, if you
take their money, you sell your soul, your people, and your country,
right down the drain. - mpg -- A
quote...."At least twelve people have been killed in northwest Pakistan
as a suicide bomber attacked a convoy of Shia Muslims guarded by
security forces, police have said.
Natural
law brings AfPak crashing
Must Read - Geo-Political
Analysis - A quote...."Be it a baseball struck in a neighborhood
sandlot game or in high-wire diplomacy, an elementary principle of
physics holds good - what goes up must come down. In a way, the sheer
dynamics of the nosedive of the United States' AfPak diplomacy in the
four weeks since the London conference on Afghanistan on January 28 can
be attributed to gravitational pulls. -- Earth's gravity does not
permit animated suspension, and US's AfPak special representative
Richard Holbrooke has found it difficult to keep up the entente
cordiale worked out in the British capital. United States President
Barack Obama may need to act faster than he would have thought."
SAS
in
Afghanistan
suffers
worst
losses
for
60
years
A quote...."BRITAIN’S special forces have suffered the worst blow to
their fighting strength since the second world war, with 80 members
killed or crippled in Afghanistan. -- Serious injuries have left more
than 70 unable to fight, while 12 have been killed. It means the forces
have lost about a sixth of their full combat capacity." -
also posted at Uruknet
IRAQ:
Secular
Candidates
Have
Their Best Chance
A quote...."WASHINGTON, Mar 6, 2010 (IPS) - As Iraqis go to the polls
on Sunday, a key question in the minds of many in Iraq and Washington
is whether secular candidates can continue their recent rise and
possibly come out as winners."
Iraqi
JAC
Not
Publishing
Reasons
for
Election
Disqualifications
Almost all of the candidates
excluded are Sunnis - mpg -- A quote...."Baghdad, Asharq
Al-Awsat - The head of the Iraqi Justice
and Accountability Commission, Ahmad Chalabi, said that a UN
representative requested that the reasons for disqualifying hundreds of
candidates from the Iraqi parliamentary elections remain unpublished
until after the elections. -
Chalabi
also revealed that two new lists have been issued by the Commission
containing the names of officers from the Ministries of Defense and
Interior." --
also posted at Uruknet
Mahdi
army
returns
to
Baghdad -- Minority Sunnis fearful of Shiite group
ahead of elections
A quote...."Many Iraqis in areas where anti-U.S. cleric Muqtada
al-Sadr's Mahdi Army once held sway say young men who had worn the
militia's signature black shirts have returned ahead of Sunday's
parliamentary elections, albeit in smaller numbers and a low profile."
"
Sadr urges Iraqi voters to pave way for US pull-out
06 Mar 2010 Iraq's senior Shia leader Muqtada al-Sadr urges the Iraqi
electorate to help end the US-led occupation of the country by
participating in the parliamentary polls. Speaking at a Saturday press
conference in the Iranian capital, Tehran, al-Sadr drew a parallel
between participation in the Sunday vote and resistance against the
invaders... The senior Iraqi cleric called on the Iraqis to
opt for
the candidates who would best serve the
nation and work for Iraq's liberation. [
Yes, and first on
the agenda: Kick Blackwater out on its ass and void any oil contracts
with all US/UK corporaterrorists.]
" --
Paragraph quoted from CLG
Iraqis
begin
voting
amid
multiple
blasts
A quote...."Iraqis have started casting their votes in parliamentary
elections as several mortar blasts and bombs have struck the capital
Baghdad since polling stations opened early Sunday morning."
US
fails
in
its
attempt
to
orchestrate
anti-Iran
consensus
-
Did
somebody just suggest a "false flag"
event?
- mpg
A quote...." Tehran, March 6, IRNA -- Chairman of Majlis Commission on
National Security and Foreign Policy Alaeddin Boroujerdi said on
Saturday that the Chinese and Russian objection to a new series of
sanctions on Iran indicates the US failure to orchestrate an anti-Iran
consensus."
Iran
launches
new
Nasr
cruise
missile
A quote...."Iran's Defense Ministry has introduced a new
domestically-manufactured cruise missile that will significantly
improve the deterrence capabilities of the Iranian military forces."
New Iran
rocket launch site shows N. Korea links: Jane's
A quote...."LONDON — Iran is building a new rocket launch site a short
distance from an existing complex and seems to be working with North
Korea, information group IHS Jane's said Friday. - Construction visible
from satellite imagery of the new site, near the city of Semnan east of
Tehran, suggests that Iran has been collaborating with Pyongyang, said
the London-based defence intelligence group." --
also posted at Google
Gang
leader killed in N.Caucasus involved in 2009 train blast - FSB
A quote...."Said Buryatsky, a notorious gang leader in Russia's North
Caucasus, killed in a special operation on Tuesday, was involved in the
derailment of a Moscow-St. Petersburg train in November 2009, the head
of the Federal Security Service said on Saturday." -
also posted at WarInIraq
Viktor
Yanukovych
gives
Russia
a
chance
to
keep
Black
Sea
Fleet
in
Crimea
A quote...."Ukraine’s new pro-Russian President offered the Kremlin a
chance to retain a base for its Black Sea Fleet on his first visit to
Moscow yesterday."
Russia
May
Scrap
Ruble
for
New
Customs
Union
Currency
(Update3) -
Good
for them. - mpg
A quote...." March 5 (Bloomberg) -- Russia may scrap the ruble and
introduce a common currency with Belarus and Kazakhstan as the nations
broaden their alliance and seek to reduce their dependence on the
dollar, a first deputy prime minister said."
Russia-China
oil
pipeline
to
be
ready
by
yearend
-
minister -
Ditto.
-
mpg
A quote...."The construction of the Russia-China oil pipeline will be
finished by the end of this year, Chinese Foreign Minister Yang Jiechi
said on Sunday. -- The project is part of the East Siberia - Pacific
oil pipeline, which was launched into operation in December 2009 and is
designed to pump up to 1.6 million barrels (220,000 tons) of crude per
day from Siberia to Russia's Far East and then on to China and the
Asia-Pacific region."
China Snubs
Israeli Calls for Iran Sanctions -
Double ditto. - mpg
A quote...."The prime minister of contract murder, Binyamin Netanyahu,
was not long permitted to rejoice over the agreement to sanction Iran
which he had wrested from the Russian leadership. A few days later,
China made it clear that it would in no case help to carry out such
sanctions. Consequently, Netanyahu believed it necessary to pay a visit
to the Chinese leadership, in order to bring them on course through an
Israeli word of command."
China
ready
to
end
dollar
peg -
Which
is sort'a what they've been doing for the last ten years.....so what's
new?
A quote...."The head of China’s central bank has given the strongest
signal yet that the country will move away from pegging its currency to
the dollar,
but he said any changes
would be gradual." - bold by website editor
Iceland
Rejects
Icesave
Bill
in
Referendum,
Early
Results
Show --
Hip
Hip Hooray!! - mpg
A quote...."Icelanders overwhelmingly rejected a bill that would saddle
each citizen with $16,400 of debt in protest at U.K. and Dutch demands
that they cover losses triggered by the failure of a private bank,
first results show." -
From Bloomberg
Cover-up
exposed in post-Katrina police killings
A quote...."A New Orleans police supervisor pled guilty February 24 in
a federal court to charges of conspiracy to cover up the police
shooting of six unarmed people a few days after Hurricane Katrina
struck the city. Two of the victims, Ronald Madison, a 40-year-old
mentally disabled man, and James Brissette, 19, were killed, while the
other four were seriously wounded, one losing part of her arm."
========== ========== ========== ========== ========== ==========
========== ====
More On The
Palestinian Situation....
Gestapo
type
raids
anger
Israeli
human
rights
organization
A quote...."In recent months there have been many cases in which minors
aged 12-15 from Silwan, in East Jerusalem, were arrested in the middle
of the night, the Israeli human rights organization B'Tselem says. "The
minors were taken out of their beds and brought to the police station
in the Russian Compound, in West Jerusalem. Some of them were brought
handcuffed, and none of the parents were allowed to accompany them."
Irish
FM urges EU to pressure Israel to end Gaza blockade
A quote...." Ireland's foreign minister on Friday called the Israeli
blockade of Palestinian-ruled Gaza inhumane and unacceptable and he
urged the European Union and other countries to increase pressure on
Israel to end it."
Twilight
zone
/
Unanswered
questions
A quote...."Musa Abu Hashhash could not hold back his tears. We have
worked with this devoted field worker from B’Tselem, the Israeli
Information Center for Human Rights in the Occupied Territories, for
years. Never before had we seen him cry. But this week he broke down
and wept after a visit to the widow of Fayez Faraj, his aged,
broken-hearted mother, and his 10 distraught orphans, aged 2 to 18." -
From Haaretz
Fayyad
:
Olive
trees
more
deep-rooted
than
fragile
settlements
A quote...."Fayyad spoke with international activists and Palestinian
committee members at the site of wall's latest construction in Beit
Jala, condemning the Israeli annexation of land and uprooting of olive
trees to build the separation wall. "Deep in the roots of these olive
trees, there is something that reminds us that our people lived here
from the beginning and will continue to the end," he told the gathered
crowds of protestors."
Moment
of
truth:
time
to
boycott
Israel's
entire
range
of
injustice
Action Alert - Boycott, Divest and Sanction - Because everytime anyone buys
something from the state of Israel, or from any of the companies that
do business with Israel, they're killing innocent men, women, and
children -- Please help stop the killing....Boycott, divest and
sanction the state of Israel. - A quote...."Words always
matter, and names always have a life of their own. But perhaps
Palestine and Israel form a context in which words become positions
more dramatically than in many others. The authors of the "Moment of
Truth" Kairos document, which is the Christian Palestinians' statement
to the world about the occupation of Palestine and a call for support
in opposing it, have repeatedly been asked about the use of the word
"boycott." What exactly does this mean? How far exactly does it go? And
what exactly does it call for?" --
For
more
on
how
to
Boycott,
Divest
and
Sanction
the
state
of
Israel
see
the
upper-left-corner
of
the
"Front Page" of this website. - mpg
========== ========== ========== ========== ========== ==========
========== ====
Recession,
Depression, or Systematic Breakdown
Must Read - Charts - A
quote...."As crooked politicians, Federal Reserve hacks, and
cheerleading media pundits inform you the recession is over, you
probably have a sneaking suspicion they are lying. -- The National
Bureau of Economic Research is the arbiter of business cycle
recessions. They define a recession as “a significant decline in
economic activity spread across the economy, lasting more than a few
months, normally visible in real GDP, real income, employment,
industrial production.” --
also
posted at FinancialSense
Finance
capital
and
the
Greek
debt
crisis
A quote...."In the wake of the most serious financial breakdown to hit
world capitalism since the collapse of the US stock market in 1929, not
a single serious measure has been put into place to rein in the
activities of the banks and financial institutions responsible for the
crisis."
The
Albatross
of
Sovereign
Debt
A quote...."Sovereign debt hangs like an albatross around the necks of
too many countries. There are 17 medium-size to large countries that
are close to, or are bankrupt. Many are being kept solvent by using two
sets of books and by marking to model. As you know we expect these
bankruptcies to take place by the end of 2011. That will be
accomplished at meetings such as we saw in the 1970s at the
Smithsonian, the Plaza Accord of 1985 and the Louvre Accord of 1987.
There will be a realignment of currencies. - America, like many other
nations is mired in an inflationary depression, and even if the economy
were to return to where tax revenues accelerated, we would still have a
deficit of 6% to 8% of GDP."
On the Edge with Max Keiser
-
05 March 2010-(1/3) - 05 March 2010-(2/3) - 05 March 2010-(3/3)
Must View Videos - A
quote...."
MaxKeiserTV"
Financial
Warfare
Exposed:
Soros,
Goldman
Sachs,
Hedge
Funds
Attack
Greece
to
Smash
Euro
Special Note - Related
Article -- A quote...."It has been evident for some time that the
ongoing speculative attack on Greece, along with such other countries
as Spain, Ireland, Portugal, and Italy, was not primarily a reflection
of their economic fundamentals, nor yet a spontaneous movement of “the
market,” but rather an orchestrated action of economic warfare. The
dollar had been relentlessly falling through the late summer and autumn
of 2009. It obviously occurred to various Anglo-American financiers
that a diversionary attack on the euro, starting with some of the
weaker Mediterranean or Southern European economies, would be an ideal
means of relieving pressure on the battered US greenback. Since these
degenerate elites are incapable of directly solving the problem of the
dollar through increased production, full employment, and economic
recovery, one of the few alternatives remaining to them is to create a
situation in which the euro is collapsing faster, leaving the dollar as
the beneficiary of some residual flight to quality or safe haven
reflex."
Wen
plugs concerns over stimulus exit
A quote...."HONG KONG - Chinese Premier Wen Jiabao used the annual
gathering of the National People's Congress (NPC) on Friday to ease
concerns that the central government is poised for an early unwinding
of its economic stimulus support, and pledged that sustainable economic
growth will be maintained." --
For
more on this issue see....Empire
Typology
and
Economic
Stellar
Evolution
-
01-20-10
-
mpg
Friday March 5th 2010
America,
the
fragile
empire
--
Here
today,
gone
tomorrow
--
could
the
United
States
fall
that
fast?
Read Must - A
quote...."For centuries, historians, political theorists,
anthropologists and the public have tended to think about the political
process in seasonal, cyclical terms. From Polybius to Paul Kennedy,
from ancient Rome to imperial Britain, we discern a rhythm to history.
Great powers, like great men, are born, rise, reign and then gradually
wane. No matter whether civilizations decline culturally, economically
or ecologically, their downfalls are protracted."
Unnatural
Acts:
Breaking
the
Fever
of
Militarism
Must Read - A
quote...."As we all know – or rather, as everyone but those who climb
and claw their way to the top of power's greasy pole knows – the
effects of war are vast, unforeseeable, long-lasting -- and
uncontrollable. The far-reaching ripples of the turbulence will churn
against distant shores and hidden corners, then roil back upon you in
ways you could never imagine, for generations, even centuries. -- Nor
is "victory" in war proof against these deleterious effects. For the
brutalization, moral coarsening, corruption and concentration of elite
power that attend every war do not simply disappear from a society when
the fighting stops. They persist, like microbes, in myriad forms,
working with slow, corrosive force to degrade and deform the victors.
Indeed, victory in battle often leads a society to enshrine war's most
pernicious attributes: violence is ennobled, and becomes entrenched as
an ever-ready instrument of national policy. Militarism is exalted, the
way of peace dishonored: cries of "Appeasers! Cowards! Traitors!" greet
every approach that fails to brandish the threat of extreme violence,
that fails to "keep all options on the table."
Flexible
Afghanistan
War
Objectives:
And
the
Agony
Grinds
On
Must Read - A
quote...."Washington and its willing mouthpieces in the media have for
years been trying to sell us the preposterous war in Afghanistan. While
they attempt to convince us that the war is predicated on a faultless
military logic and moral wisdom, it remains in fact a tragic adventure
with no decipherable objectives, and involving several countries,
private contractors, and all sorts of firms seeking to make a quick
buck. -- The intellectual cowardice of some should not blind the
majority to the fact that the war in Afghanistan is morally
indefensible and militarily unwinnable." --
also posted at Uruknet
Israel
is
an
Apartheid
State
-
And
that
is
why
they
are
losing
Legitimacy
Must Read - A
quote...."If Israel is becoming a pariah in the world it is not because
of anti-Semitism, it is because they are practicing a form of apartheid
even more egregious than that practiced in South Africa. Others have
compiled comments from some of the most respected leaders of the
anti-apartheid movement in South Africa who see what Israel is doing as
apartheid. There is a reason why the Boycott, Divestment, and Sanctions
(BDS) campaign is strongest in South Africa. People there recognize
apartheid when they see it."
Targeting
Israeli
Apartheid
Must Read - A
quote...."Reports like the Cape Town, South Africa-based Human Sciences
Research Council's (HSRC) May 2009 one titled, "Occupation,
Colonialism, Apartheid" highlight what many others understand,
including former UN Special Human Rights Rapporteur for Occupied
Palestine, John Dugard, stating in January 2007: -- "Israel is clearly
in military occupation of the OPT (Occupied Palestinian Territories).
At the same time, elements of the occupation constitute forms of
colonialism and of apartheid, which are contrary to international law."
Former Pakistani Officer Embodies a Policy
Puzzle
Must Read - A
quote...."The Taliban cannot be defeated, he said, and they will not be
weakened by the recent capture of senior commanders, including the
No.2, Mullah Abdul Ghani Baradar. - The Taliban movement is so
devolved, he said, that commanders on the ground make most of their own
decisions and can raise money and arrange for weapons supplies
themselves. - “The Taliban cannot be forced out, you cannot subjugate
them,” he said. “But they can tire the Americans. In another three to
four years, the Americans will be tired.” - He criticized President
Obama’s decision last year to send more American troops into
Afghanistan. “They are doing what you should never do in military
strategy, reinforcing the error,” he said. - “They will have more
convoys, more planes, more supply convoys, and the insurgents will have
a bigger target,” he added. “The insurgents are very happy.” -
From the NYT
Doug
Casey: Profit From the Euro-Crash
Interview -
Special Note - A quote...."When you
stop to think about it, the EU was really a stupid idea to begin with.
[The EU could have been a great idea had
their
parasitic class kept it SIMPLE and had they not been so GREEDY.
But the interviewee is right, the parasitic class made the EU into an
undemocratic, unresponsive, massively bureaucratic, monster. It's
up to the people of the EU to sort the situation out, reign in the
parasitic class and punish the Bankster class. If they don't,
they'll have only themselves to blame for what happens next. - mpg] It
started
out
as
a
coal
and
steel
free-trade
zone,
which
made
a
lot
of
sense.
But
as
time
went
on,
as
people
in
general
often
seem
to
do,
and
Europeans
in
particular
seem
to
love
to
do, they bureaucratized the
thing and made it into a pseudo-government. They wrote a constitution
hundreds of times longer than the one that served the U.S. so well
until it was abandoned. They took on micromanaging everything, down to
producing huge, phone-book-sized regulations on the composition of
French cheeses, and so on. There's a burgeoning bureaucracy in Belgium
trying to consolidate the 27 member states into one giant country, and
it's absolutely not going to work."
New
Syrian-supplied weapon enables Hizballah to shoot down Israeli aircraft
Weapons Tactics Alert --
A quote...."Sophisticated anti-air IGLA missileSyria has defied
Israel's caution that handing over new strategic weapons to the
Lebanese Hizballah would compel Israel to strike targets inside Syria.
debkafile's military sources disclose that Damascus has just smuggled
across the border a number of Russian-made IGLA-S surface-to-air
missiles capable of intercepting low-flying F-16 warplanes, drones,
helicopters, cruise missiles, transports and surveillance aircraft in
all weather conditions, by day or night." -
From Debaka -
Once sophisticated anti-air and long-range
anti-armor
missiles start appearing in the Middle East, the neo-colonial fantasies
that some imperial powers have been dreaming of lately will quickly
turn into
highly expensive nightmares. Especially if - as
in
the
case
of
Iran - other countries, or perhaps some of the resistance
movements, develope the ability to manufacture
man-portable anti-air and anti-armor missiles themselves. - mpg
China,
Russia
call
for
Iran-West
nuclear
swap
A quote...."Russia and China say, if successfully implemented, a
US-drafted UN-proposed nuclear swap deal would be the key to easing
tension between Tehran and the West." -
also posted at WarInIraq
Iran,
China
sign
$143mn
drilling
deal
A quote...."Iran and China have reached a $143 million deal that allows
a Chinese company to set up a drilling rig in the Persian Gulf. -- The
contract has been signed by Iran's North Drilling Company (NDCO) and
China Petroleum Technology Development Corporation (CPTDC), NDCO chief
Hedayatollah Khademi said."
German
police
arrest
leader
of
terrorist
PJAK
The CIA is going to be upset
about this. - mpg -- A quote...."German police have arrested
Abdolrahman Haji Ahmadi, leader of the terrorist group Party for a Free
Life in Kurdistan, or PJAK"
========== ========== ========== ========== ========== ==========
========== ====
More
Fear
Mongering
from
the
Global
Warming
Alarmists
Contains (a completely ridiculous) Video
A quote...."Is it melting glaciers? nooooo
Is it dying polar bears? noooooo
Is it rising sea levels? nooooo
It’s worse than all of that combined…. it’s Evil Ahmadinejad blowing up
our troops in Iraq!!!
That’s right. Pass a Clean Energy Climate Plan to keep those evil
Iranians from blowing up our Troops!
Editors
special note: - The "Iran
supplying EFPs" story has been proven REPEATEDLY to be completely
and utterly false. Just about any person can produce an EFP, they're
incredibly
easy to make, a five year old with a tinker toy set could produce
one! Your own grandmother could produce one! -- (see...US
Fake
Intel
/
Propaganda
-
IED's
&
EFP's) - Updated! --
ANYONE advocating such nonsense is an AIPAC/PNAC supporting shill for the war industry.
The people that produced this video are the same kind of jerks
that
faked all that Iraq WMD bullsh-t. Enough with this crap already!
-
mpg
========== ========== ========== ========== ========== ==========
========== ====
The
curse
of
Fallujah:
Women
warned
not
to
have
babies
because
of
rise
in
birth
defects
since
U.S.
assault
A quote...."A high number of children are being born with birth defects
in an Iraqi city where U.S. forces may have used chemical weapons
during a fierce battle in 2004. -- Children in Fallujah are being born
with limb, head, heart and nervous system defects. There is even a
claim that a baby was born with three heads. -- The number of heart
defects among newborn babies is said to be 13 times higher than the
rate in Europe." -
For more on this
issue see....The
Method
-
05-07-07
-
mpg
2.8
million Iraqis remain internally displaced
A quote...."Seven years after the March 2003 US-led invasion, Iraq
remains deeply divided. There are few prospects of durable solutions
for the approximately 15 per cent of the population who are displaced
inside and outside Iraq. It is thought that there are almost 2.8
million internally displaced people (IDPs), close to half of whom were
displaced prior to 2003. Though Iraq is no longer in the grip of a
humanitarian crisis, daily life for all Iraqis is precarious. Public
health, electricity, water and sanitation services remain inadequate."
America’s
Nation-Destroying
Mission
in
Afghanistan
A quote...."Interference by the U.S. in the internal affairs of
Afghanistan has been a tragic chapter in our nation’s history. -- Over
three decades ago, there were social movements in Afghanistan to
improve the standard of living of its people, to provide greater
equality for women, and there was a functioning, if imperfect,
democracy. However the U.S., using subversion, weapons, and money was
able, as the leader of coalition of nations, to stop progress in these
areas of human welfare."
Fabled
Afghan
province
of
Nuristan
keeps
US
at
bay
A quote...."KALAGUSH, Afghanistan (AFP) – A region of soaring
mountains, rare languages and isolated tribes, Nuristan in northeastern
Afghanistan has long held a special fascination for writers and hardy
travellers. -- A British colonel in 1910 described it as "more
impracticable than either of the poles," and in recent years the United
States army has learnt that the area's formidable reputation is
well-deserved."
========== ========== ========== ========== ========== ==========
========== ====
Georgia
vs
Russia:
Fanning
the
flames
Must Read - A
quote...."Surely peace in this vital region should be a paramount goal
for both Russia and the West, for their own reasons -- Russia because,
well because it is there and its cultural and economic links are vital
to Russia ’s well being. The US, if only to benefit economically, since
peace everywhere is a boon to economic well being and logically should
be blessed by the world’s superpower, whether or not it is a benevolent
one. -- But this logic has been betrayed -- egregiously, in the case of
US abetting Georgia in its disastrous war against Russia in 2008, less
obviously in likely covert US and other involvement in Chechnya and its
neighbours, as well as in the Armenia-Azerbaijan stand-off over Nagorno
Karabakh."
Russia
opens
new
criminal
case
against
Georgia
A quote...."Russia has charged Georgia with genocide and the mass
murders of Russian citizens in South Ossetia during the 2008 military
conflict, while new criminal charges are pending. - The Investigative
Committee of Russia’s Prosecutor’s Office says it has obtained new
evidence that proves Georgia’s guilt in yet more crimes in the course
of the August 2008 conflict and has initiated a new court case." --
also posted at AlethoNews
& WarInIraq
Russia-Ukraine
ties
take
"sharp
turn"
A quote...."MOSCOW, March 5 (Xinhua) -- Ukraine's new President Viktor
Yanukovych on Friday pledged to mend ties with Russia after bilateral
relations had been worsened for five years under his pro-Western
predecessor. -- Yanukovych, who took office last week, made his first
visit as president to Moscow and promised a "sharp turn" in bilateral
relations. It was the first visit to Russia by a Ukrainian head of
state in two years, painting a seemingly rosy picture of increasing
interaction."
Russia,
India
to
develop
joint
5G-fighter
by
2016
A quote...."A Russian-Indian fifth-generation fighter jet could be
developed by 2015-2016, a Russian defense industry official said on
Tuesday. -- Moscow and New Delhi are expected to sign a contract on a
joint development of the new fighter in the near future, focusing on
the design concept and technical requirements put forward by India."
India
set
to
buy
42
more
Russian
Su-30
fighter
jets
A quote...."India and Russia are negotiating a new contract on the
delivery of 42 Su-30MKI to the Indian Air Force, an Indian newspaper
reported on Tuesday, citing military sources."
========== ========== ========== ========== ========== ==========
========== ====
Britain
in
law
change
bid
after
Livni
warrant -
Brown....what
a
perfect
name for an
Israeli brown-noser. - mpg
A quote...."Brown proposes changes to British law to avoid arresting
Israelis charged with war crimes." -
For
this
website
editor's
take
on
the
whole
issue
see
the
quote
shown
below.....
Well,
there
they
go, Britain's finally giving up on their treaty
obligations along with that "quaint" old "rule of law" thing, just as
the US-NRE did almost a decade ago....and for the very same reasons.
Both countries did so at the behest of five million Jews living in the
state of Israel, in order that these Jews can continue murdering
Palestinians and stealing their lands with impunity. What a proud
day for the Brits, using their own Magna Carta (originally issued in
the year of our Lord 1215) for toilet paper. They say
sometimes Empires end with a whimper instead of a bang.....but with the
sound of a toilet flushing? To watch a once proud people casually throw
aside centuries
of sacred judicial and civil traditions and obsequiously prostrate
themselves before a bunch of murderous, racist, thugs from a foreign
country is simply to painful to witness. It's degrading and it's
disgusting. -- *mpg* -
posted 03-05-10
Respected
Danish
journalist
admits
'I
was
a
Mossad
agent'
A quote...."There have always been journalists who "crossed the lines"
and switched to being spokespersons, advisers or investigators of
bodies that were previously the object of their coverage and
commentary. There have presumably always been journalists whose work
serves as a cover for clandestine work, but only a few are willing to
admit it. One such person is Herbert Pundik (Nahum Pundak), a veteran
Israeli-Danish journalist with an international reputation who a week
ago in an interview with the Danish daily Dagbladet Information said
that for about 10 years, he worked for the Mossad while doing his
journalism job. His admission sent a shock wave through the serene
Scandinavian country and aroused considerable media interest. "
US
to
share
domestic
civil
aviation
information
with
Israel
Why? So Israel's Mossad can
set-up more false-flag events and kill some Americans? - mpg --
A quote...."WASHINGTON — US Department of Homeland Security (DHS)
Secretary Janet Napolitano and Israeli Transport and Road Safety
Minister Israel Katz on Tuesday announced a new agreement to enhance
information sharing about civil aviation security incidents." -
also posted at WarInIraq
========== ========== ========== ========== ========== ==========
========== ====
A
Guide to the 9/11 Whistleblowers - Courageous insiders, gagged, hounded
and ignored
Must Read - Contains Videos - BobKerry/Vid -
SibelEdmonds/Vid -
ColeenRowley/Vid
-- A quote...."When losing a discussion on the facts of 9/11, a
so-called 9/11 "debunker" will often rely on an old canard to "prove"
that 9/11 could not have been an inside job: "So many people want their
quarter hour of fame that even the Men in Black couldn't squelch the
squealers from spilling the beans," write self-satisfied defenders of
the government story. According to the logic of this argument, if there
are no 9/11 whistleblowers then 9/11 was not an inside job."
Bush/Cheney
Pulled
Torture
Strings
A quote...."George W. Bush’s White House stage-managed the Justice
Department’s approval of torture techniques by putting pliable lawyers
in key jobs, guiding their opinions and punishing officials who
wouldn’t go along, according to details contained in an internal report
that recommended disciplinary action against two lawyers."
Ron
Paul
Exposes
CIA
&
Federal
Reserves’s
drug
running
business
on
Alex
Jones
TV
Videos -
Special Note -
Alt(1/2) -
Alt(2/2) --
Ron Paul, telling it like it is. - mpg
-- A quote...."Congressman Ron Paul follows up on recent statements,
outlining the takeover of Constitutional government by the CIA and the
Federal Reserve, including state-sponsored drug running."
========== ========== ========== ========== ========== ==========
========== ====
More On The
Palestinian Situation....
Activists
work
to
stop
wall
construction
and
uprooting
of
olive
trees
in
Beit
Jala
Contains Video -
Alt
-- A quote...."In the early morning on March 2, 2010, Israeli
bulldozers started uprooting ancient olive trees in the garden of a
Palestinian family in the town of Beit Jala, North-West of Bethlehem,
in order to make room for the construction of yet another section of
the Apartheid Wall. Wednesday morning, the family, which had already
lost a significant portion of its lands when Israel seized them to
build the “by-pass road” 60 that connects the equally illegal
settlements, found the little playground for the children in the garden
destroyed and three olive trees directly in front of the house chopped
off. A red cross was painted two meters away from the front door to
signal where the Wall is designed to pass. The remaining olive trees
had been marked with yellow-tags, to be uprooted another day."
Israeli
repression
in
Palestine
is
escalating
Mazin
Qumsiyeh:
“The
Israeli
army
wants
me”
Interview - A
quote...."The Israeli army invaded Mazin Qumsiyeh’s neighborhood in
Beit Sahour, a suburb of Bethlehem, on 2 March in the night, waking up
his mother, wife and sister. Heavily-armed soldiers blocked roads
during "the operation". When his family opened the door, they demanded
to see Mazin Qumsiyeh (*). They were told that Mazin already left to
the US. He replies here to the questions of Silvia Cattori.
‘Eyewitness
Gaza’
Report
Back
in
House
of
Commons
A quote...."Gaza was worse than I ever thought’ said Sir Gerald 'it was
incredible and callous destruction’. With the trauma inflicted on
Palestinian children, sir Gerald argued that Israel was condemning
itself; it is harvesting a generation of disaffected children driven
with rage and anger at the injustice and intolerable situation imposed
on them."
A
[Canadian] Campaign of Intimidation Against NGOs Supporting Palestinians
A quote...."Alternatives is a Montreal-based NGO that has been
campaigning for human rights, international development, peace, and
justice for 15 years, in over 30 countries. They are under threat from
the current Canadian government, which is targeting any organization
that dares to speak up for Palestinian human rights."
Sink
The
Boats
A quote...."It is well known that fisherman in Gaza are among the worst
affected by the Israeli blockade. Il Manifesto correspondant Michele
Giorgio met with a former Israeli Navy officer, now working with
Breaking The Silence, who gave a first hand account of how they were
trained to police fishermen." --
also
posted
at Uruknet
Strawberry
Fields
Forever:
A
Struggle
For
Farming
A quote...."Trying to make a living as a farmer in Gaza these days is
taking a toll on the family ties so integral to the Palestinian
culture. Traditionally, occupations are passed from father to son for
generations, and their tie to the land is particularly strong. Before
Israel imposed a suffocating blockade on the 14-kilometer-long Gaza
Strip in 2007 (as punishment for electing Hamas as its governing
party), farmers could make a good living growing carnations and
strawberries for export and vegetables for the local market."
Gaza
police
forces
and
their
bereaved
families
rebuild
one
year
on
A quote...."Rami Abu al-Sheikh's parents and siblings still remember
how caring and tender their son was before he was killed during
Israel's invasion of Gaza last winter. Rami was 27 years old and was
one of hundreds of Gaza police personnel killed by Israeli air strikes
during the 23-day assault. He was killed at the main Gaza Strip police
station located on Salah al-din Street, the territory's main road."
Protest
of
the
Friends
of
the
IDF
dinner
at
the
Waldorf,
NYC
A quote...."On March 9th 2010, The Friends of the Israel Defense
Forces, a registered 501-(c)(3) tax-exempt organization that provides
support and services to members of Israel’s national army, will be
holding a gala $1,000 a plate fundraiser at the Waldorf Astoria. The
keynote speaker will be Lt. Gen. Gabi Ashkenazi, IDF Chief of General
Staff, who was responsible for the prosecution of last year’s Operation
Cast Lead against the people of Gaza. At the same time as the dinner, a
broad coalition of local groups will stage a mobile protest outside the
hotel to highlight the crimes committed by the IDF during Operation
Cast Lead and Israel’s ongoing illegal blockade of the Gaza Strip."
Once
again,
the
PA
is
betraying
our
people
A quote...."The PA decision to resume "indirect talks" with Israel is
undoubtedly a clear expression of its moral and political bankruptcy.
It is also an expression of its inability to lead the Palestinian
people."
Dubai
Police
Chief
Makes
Huge
Mistake
Even though the Dubai police are dealing with the most crafty lying
bunch of killers on earth, still, the Chief of the Dubai Police has
issued this challenge to Israel, which might not have been a good idea,
the answer why follows this:
==========
========== ========== ========== ==========
========== ========== ====
Obama
Solution to Stop Outsourcing – Stop Counting Jobs Outsourced (No,
Seriously!)
Special Note - A
quote...."
The numbers are outrageous, sickening even. How can anyone stand to
look at them? -- Since 2000, the U.S. has lost
5.5
million
manufacturing
jobs, with
2.1
million
of
those
jobs
being
lost in the last two years alone. Since
2001,
over
42,400
factories
have
closed
in the U.S., and another 90,000 are considered at severe risk of
closing. The last time so few were employed in manufacturing was in
1941, before World War II spending pulled that sector out of its Great
Depression slump."
Like
Bush,
Obama
Moves
to
Bury
Bad
Economic
Data
Related Article - A quote...."The Bush administration had a nasty
penchant for trying to bury bad economic news - a nasty penchant that I
was intimately familiar with when working on the House Appropriations
Committee. One of the most egregious examples of this came in 2003.
Here's the Washington Post [headline] on 1/2/03:"
"U.S. Drops Report On Mass
Layoffs; Data Helped States Track Patterns of Industrial Demise"
"Luckily, because of progressive pressure and public outcry, this Bush
move was overturned by Congress. But now, the same kind of thing is
back. According to today's
Washington
Post, it looks like the Obama administration is reprising the same
scheme: " -
also posted at CommonDreams & WarInIraq
Fears
of
A
Second
Financial
Crash
Are
Real
-
Congress
Lacks
“Appetite”
for
Action
Special Note - A
quote...."What will it take? What are they waiting for? What part
of the reality of a systemic crisis that will get worse don’t they get?
-- How is it possible that after near three years of economic
turmoil, with possibly hundreds of TRILLIONs down the rabbit hole—not
that anyone is counting or apparently can count—that the geniuses who
run our economy still don’t “get” that the sh*t has already hit the
fan? How many more jobs and homes have to be lost?"
Stiglitz,
Nobel
Prize-Winning
Economist,
Says
Federal
Reserve
System
'Corrupt'
A quote...."One of the world's leading economists said Wednesday that
the very structure of the Federal Reserve system is so fraught with
conflicts that it's "corrupt." -- Nobel laureate Joseph Stiglitz, a
former chief economist at the World Bank, said that if a country had
applied for World Bank aid during his tenure, with a financial
regulatory system similar to the Federal Reserve's -- in which regional
Feds are partly governed by the very banks they're supposed to police
-- it would have raised alarms." --
also
posted
at
BLN
'Never
seen
anything
like
it'
Market Tech Note - A
quote...."Based on the several hundred investment advisers I track, I'd
have to say that bullish sentiment is approaching dangerously high
levels. Consider the Hulbert Stock Newsletter Sentiment Index (HSNSI),
which represents the average recommended stock market exposure among a
subset of short term stock market timers tracked by the Hulbert
Financial Digest. -- It currently stands at 62.8%, up from 13.8% just
one month ago. That's an awfully big jump for so short a period of
time, especially considering that the Dow Jones Industrial Average
/quotes/comstock/10w!i:dji/delayed (INDU 10,566, +121.91, +1.17%) rose
a modest 4.4% over this period. -- Also worrying is that, with but one
exception, the HSNSI is now at its highest level since early 2007, more
than three years ago." -
Website editor's caution....there is no normal "market" in this
country anymore. Sentiment indicators may no longer be reliable.
The "market" is completely controlled by Fed. policy, several TBTF
banks, Goldman Sachs and a few others. - mpg
Does
Expiration
Of
Liquidity
Facilities
Mean
A
Steeper
Curve?
Market Tech Note -
Chart -
(click on chart to enlarge) - A
quote...."....can the market sustain itself without public-sector help?
It may be too close to call, and this is why central banks may be
reluctant to hike rates and could end up keeping them lower for longer.
We expect to see periods of stress in the market that will keep central
bankers from meaningfully hiking rates. Yesterday it was Dubai, today
it is Greece, and tomorrow it may be some place else. As we see it, the
market is far from being stable enough to bear a meaningful withdrawal
of liquidity in the form of rate hikes from central banks. However, we
do expect that liquidity facilities will expire – and since those
facilities supported longer-term assets, we see this as akin to central
banks hiking from the back-end first. Put this all together, and we see
steeper curves and higher rates. Namely, we like owning front-end
forward rates and being short back-end forwards against it. Bizarrely,
the end of easing may keep front-end rates lower for longer."
NFP -36K,
Unemployment Rate 9.7%, Average Hours Worked Down By 0.1 to 33.8
A quote...."Key highlights from the February report
- Total Civilian labor force at 153,512, compared to 153,170
in January
- Actual unemployment: 14,871, compared to 14,837 in January
- The pool of available workers at 21,041, 239k increase from
January's 20,802
- The Over 20 split of unemployed men/women was 10.0%/8.0%
- The labor force participation rate was 64.8%, compared to
64.7% in January
- Average hourly earnings increased by +0.1% compared to
consensus estimate of +0.2%
- Total average hours worked in the private industry at 33.8,
down
from 33.9 in January; The low was in the Leisure and Hospitality
services at 25.7, the high in Mining and Logging at 42.6
Real
Unemployment
Rises
0.3%
To
16.8%,
Non-Seasonally
Adjusted
Number
Near
All
Time
Highs
Chart -
(click on chart to enlarge) - A
quote...."With economic optimism back over the U-3 data, which was
"surprisingly" not impacted by mid-winter snow (but as Art Cashin says,
a horrible number would have been seen as a buying catalyst due to the
"non-recurring" nature of snow in February), many seem to have missed
that real unemployment, or the BLS' U-6 series actually climbed by
0.3%, to 16.8% from 16.5% in January. Additionally, the Non-Seasonally
Adjusted U-6 number was barely changed, and was flat at 17.9%, just a
hair away from January's record 18%."
US
payrolls shrank by 36,000 in February
Related Article - A quote...."The Labor Department’s employment report
for February, released Friday, showed that the US economy is continuing
to shed jobs, wages are continuing to decline, and the so-called
economic “recovery” is based on an accelerating fall in the living
standards of the working class."
4
more
banks
collapse;
2010
failure
tally
26
A quote...."There seems to be no end to bank failures in the nation.
Reeling under the effects of recession, four more banks have been shut
down by federal regulators Friday, bringing the tally to 26 for this
year."
Thursday March 4th 2010
No posts. - mpg
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links page
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