Wednesday April 28th 2010

The Anti-Imperialist League and the Battle Against Empire
Must Read - A quote...."When the US government decided not to grant independence to the Philippines, Filipino rebels led by Emilio Aguinaldo determined to resist American occupying forces. The result was a brutal guerrilla war that stretched on for years. Some 200,000 Filipinos lost their lives, either directly from the fighting or as a result of a cholera epidemic traceable to the war. -- That American forces were engaged in a colonial war to suppress another people's independence led to a great deal of soul-searching among important American thinkers, writers, and journalists. What eventually became the American Anti-Imperialist League began at a June 1898 meeting at Boston's Faneuil Hall, where people concerned about the colonial policy that the US government may choose to adopt in the wake of the war gathered to speak out against the transformation of the United States into an imperial power."

U.S. Flag Recalled After Causing 143 Million Deaths
Must Read Satire - A quote...."WASHINGTON—Citing a series of fatal malfunctions dating back to 1777, flag manufacturer Annin & Company announced Monday that it would be recalling all makes and models of its popular American flag from both foreign and domestic markets" - also posted at ICH
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Deadly new Russian weapon hides in shipping container - Who wants to join the Club?
A quote...."A Russian company is marketing a devastating new cruise missile system which can be hidden inside a shipping container, giving any merchant vessel the capability to wipe out an aircraft carrier. - Potential customers for the formidable Club-K system include Kremlin allies Iran and Venezuela, say defense experts. They worry that countries could pass on the satellite-guided missiles, which are very hard to detect, to terrorist groups." - From Reuters

Club-K Container Missile System - (YouTube - 6 min 13 sec April 27, 2010)
Video - Related Video - Some quotes...." April 27, 2010
The launcher with 4 missiles is housed in the Universal Launching Module. The ULM is designed for preparation and missile start-off from transport-launching containers. -- CMM and ES&LSM can be constructively arranged and made in the form of separate standard marine containers. - bold by website editor

You can just see all those poor little countries who are future targets of Israel's and the US-NRE's PNAC Protocols salivating over the potential protection this missile system could offer them.  That's about 175 countries out of the 190 currently on the planet. It seems pretty obvious folks that after ten years worth of non-stop, unbridled, mayhem and murder across the globe by the parasitic class that runs this country, (which includes AIPAC/Israel), that this has got to be the easiest weapons system to market and sell to anyone, anywhere, anytime....ever.

You've got all of South America (threatened by the US-NRE's seven new bases in Columbia) all of Central America (countries which over the last fifty years have experienced countless death squads and miliary coups curtesey of the US-NRE), all of Africa (which is next on the US-NRE's target list), all of Asia (no one wants to be the next Vietnam, Combodia or Laos) and of course, last but not least, the number one garden spot for weapons sales during the last twenty years....the Middle East.  There's at least a hundred countries that would probably want to acquire this system right now. - mpg

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Resistance declares right to defend itself
A quote...."BEIRUT: Hizbullah Wednesday reacted to US claims it was stockpiling Scud missiles by saying it had a right to defend itself, as a senior UN official said tensions were expected to “dissipate” soon. -- “The resistance has the right to use all legitimate means to build its capacity to defend Lebanon,” Hizbullah MP Hassan Fadlallah told AFP. He added that US arms were “annihilating” civilians in Palestine, Afghanistan, Iraq and Lebanon, and were the chief “cause of all suffering in the region.” -- also posted at WarInIraq

Syria’s Scuds, Israel’s Security And One Big Smokescreen
Special Note - Geo-Political Analysis -- A quote...."In the self-sensationalising world of modern media, some truths are better witnessed than told. Over the past fortnight, major media outlets have converged on Syria’s alleged delivery of scud missiles to the Lebanese resistance movement Hezbollah. By examining how the story first came to limelight, as well as the manner in which media sources have uncritically covered the story, one can begin to notice the vastly degenerated state of today’s media and its deeply polarising effects."

Qatar blasts Israel on Scud claims
Related Article - A quote...."Qatar's Prime minister has charged Israel with posing new threats against Lebanon and Syria by accusing Damascus of supplying Scud missiles to Hezbollah."

War propaganda from Afghanistan
War Presstitute Alert - (The NYT....again) -- Quote of the Day...."The New York Times yesterday excitedly declared that the imminent Battle of Kandahar "has become the make-or-break offensive  of the eight-and-half-year [Afghanistan] war" and is "the pivotal test of President Obama’s Afghanistan strategy."  As Atrios suggests, there never is any such thing as "make-or-break" because we never leave no matter how completely our war and occupation efforts fail.  That's what led to the countless Friedman Units  of the Iraq War:  the endless proclamations that The Next Six Months will be Decisive, only to be repeated at the end of the six-month period of failure as though the prior one never happened. -- Just consider what's being said now about how the Kandahar offensive is the "make-or-break" battle of the war and the "pivotal test" for Obama's war strategy by comparing it to what was said a mere two months ago about the now clearly failing assault on Marjah:"

Few Afghans Back Karzai, Pentagon Warns
A quote...."The Pentagon has issued a new report to Congress about the ongoing war in Afghanistan, warning that the Taliban is increasing the size of their insurgency even as support for President Hamid Karzai remains sparse in the most important regions. -- In fact of the 121 districts cited as “key” to winning the war in the report, only 29 of those districts had populations seen as even sympathizing with the Karzai government." - also posted at WarInIraq

Canada's Afghan detainee scandal gets constitutional
Harper's cover-up continues - mpg -- A quote...."It's been five months since diplomat Richard Colvin first levelled the charge that all detainees handed over to Afghan authorities by Canadian troops had been tortured. Since then, politicians – and those citizens who have actually noticed – have been embroiled in procedural geekery, wrestling with the issue of the government's refusal to release relevant documents to the case." - also posted at Uruknet

Blackwater trained Canadian troops
A quote...."The National Defence Department has spent more than $6-million having its troops trained by the controversial Blackwater security company, whose own employees have been accused of needlessly killing civilians in Iraq and Afghanistan, documents show."

Freedom Samples - Abu Ghraib Galore...
Multiply her anger by tens of millions....you'll get the picture folks. - mpg -- A quote...."This time got detailed testimonies from shiistan's dungeons. I will not reproduce the whole Human Rights Watch report here...just  headlines...mouth watering headlines for the sexual perverts of the new world order, of America......"

Iranian plane buzzes carrier in Middle East
A quote...."An Iranian maritime patrol aircraft buzzed the carrier Dwight D. Eisenhower at sea in the Middle East last week, passing within 1,000 yards of the ship, but American defense officials sought to downplay the encounter as relatively common."

ACLU to Obama: ‘Entire world is not a war zone’
Not True - The parasitic one percent which actually runs this country, along the Saudi Royals, in collusion with Israel, spent more than thirty years supporting almost every single Wahhabist, Salafist, Jihadist organization in the Middle East to create an "arch of instability", which culminated with their direct involvement in carrying out 9/11, all in an effort to initiate their "long war", their "thirty years war", their PNAC Protocols.  They have absolutely no intentions of stopping these plans now. - mpg

France's EDF to sign deal in St. Petersburg to join South Stream project
A quote...."French energy producer EDF will sign an agreement to join the South Stream gas pipeline project with Russia's energy giant Gazprom and Italy's Eni during the International Economic Forum due in Russia's second city of St. Petersburg on June 17-19, Gazprom has said."

The Politics of Fear – From the War on Terrorism to Tyranny – Col. Lawrence Wilkerson
Must View BFVideo - Alt - (BFYuTb - 5 min 32 sec - April 25, 2010) - posted by boilingfrogspost -- A quote...."Boiling Frogs Post presents an exclusive interview with Colonel Larry Wilkerson on the tyrannical presidency and politics of fear, Israel’s interests versus US interests and the question of loyalties, and more:"

MI5 files on 7/7 attacks 'impossible' to access
And the cover-up continues - mpg -- A quote...."It would be "impossible" to reveal secret MI5 files about the 7/7 London terror attacks, a court has been told. - The claim has been made at a hearing to decide the format of inquests into the deaths of those killed in 2005. - Lawyers for the families of those who died argue the hearing should also look at whether the intelligence services could have prevented the attacks. -- Considering they helped to set them up....one would think so!! - mpg
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The Borders Are Closing In
Must Read- A quote...."Crossing the border of a totalitarian state — in either direction — is an experience fraught with visceral anxiety. Finding himself in the unwanted company of humorless, heavily armed goons of questionable competence and dubious intelligence, the traveler is vividly aware that he can be arrested, imprisoned, beaten, or even shot at whim. - The best thing to do in such circumstances, travelers are told, is to assume a posture of utter servility, meekly and quietly enduring whatever indignity inflicted on them until they are safely through the checkpoint. In coming years, it most likely won't be necessary to visit the border in order to have a sample of what Watts endured; experiences similar to his will become increasingly commonplace for citizens and other residing legally within the United States."

Arizona Legalizes Racial Profiling
Related Article - A quote...."JURIST Contributing Editor Marjorie Cohn of Thomas Jefferson School of Law says that Arizona's new immigration legislation - requiring law enforcement officers to stop everyone whom they have “reasonable suspicion” to believe is an undocumented immigrant and arrest them if they fail to produce their papers - demeans us all by effectively legalizing racial profiling..." - also posted at DProgram & CommonDreams

ADL releases Report Similar to a (NO FLY LIST) Check for your Name
Related Article - A quote...."Many like to blow off steam as "keyboard commandos", but now "they" are trying to make it seem serious enough to publish a report of their "findings". As things seem to be rolling down the "She pointed a Finger Gun at the Teacher so She is a Terrorist" slippery slope, I suggest remembering that what some think of as free speech, others are building lists around. -- Unfortunately, the Hutaree arrests may come to be seen not as the culmination, but rather as a first step in what may need to become a major national law enforcement operation."
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More On The Palestinian Situation....

Screenshot Of The Separation Wall
Must View Photo Gallery - A quote...."Some say you can’t decorate it, others see it as a form of political protest. A fact is that the Separation Wall, with a total length of some 760 km, offers an ideal outlet for activists, street artists, tourists, and locals to express themselves. The British guerrilla graffiti artist Banksy used the grey and concrete wall built by Israel through the West Bank as a canvas to give free reign to his thoughts." - also posted at Uruknet

A Middle East Peace That Could Happen (But Won’t)
Must Read - A quote...."The fact that the Israel-Palestine conflict grinds on without resolution might appear to be rather strange.  For many of the world’s conflicts, it is difficult even to conjure up a feasible settlement.  In this case, it is not only possible, but there is near universal agreement on its basic contours: a two-state settlement along the internationally recognized (pre-June 1967) borders -- with “minor and mutual modifications,” to adopt official U.S. terminology before Washington departed from the international community in the mid-1970s." - also posted at ICH & Aussies4Palestine & AsiaTimes & CommonDreams

Gaza: Protesting Under Fire In The Buffer Zone
Contains Videos - B'Tselem - (Note: size window for best viewing) & ISM -- A quote...."A Palestinian youth, Ahmad Sliman Salem Dib, aged 19, died in the last hour at Shifaa Hospital, Gaza City. Earlier this morning, Dib was injured by Israeli fire, while attending a demonstration near the border fence with Israel, east of Gaza City, to protest the imposition of “no-go” zones by Israeli armed forces." - also posted at Uruknet

Gaza protester injured by Israeli fire dies in hospital
A quote...."Gaza – Ma'an – A 21-year-old man protesting Israel's no-go zone in Gaza was killed on Wednesday, after Israeli forces opened fire on the march and hit the young man in the leg. Medics said he died in hospital." -- also posted at Uruknet

Tunneling for Life in Gaza
Special Note - A quote...."Naseem has a closely-cropped goatee, and was wearing glasses and a black Fila sweatshirt when I met him. He is a bit heavy-set, and is 25 years old. The same as me, I tell him. Last December, he spent a couple of full days underground. He wasn't spelunking-he was practically buried alive. He used to work in the Rafah tunnel network, and was entombed for a couple days because an Israeli general ordered an Israeli F-16 to bomb a chunk of the Egypt-Gaza tunnel warren to smithereens. Luckily for Naseem, this didn't quite work-the tunnels were sturdier than expected." - also posted at Uruknet

Hamas: Egypt Forces Gas, Kill 4 Tunnel Smugglers
A quote...."GAZA CITY, Gaza Strip (AP) - Egyptian forces pumped gas into a cross-border tunnel used to smuggle goods into the Gaza Strip on Wednesday, killing four Palestinians, Hamas officials said."

UC Berkeley set to vote on historic divestment bill
Action Alert - Boycott, Divest and Sanction, because if Israel is allowed to get away with these abominations, their actions will be copied in the future by many other violently racist states. - mpg-- A quote...."On Wednesday 28 April, the UC Berkeley Student Senate will make a final attempt to pass a bill calling for divestment of university funds from companies that profit from Israel's war crimes and occupation of Palestine." - 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

The Freedom Flotilla sails to Gaza in May
Action Alert - A quote...."On May 24, 2010, the Freedom Flotilla sets sail for Gaza determined to, once again, challenge Israel’s blockade of 1.5 million Palestinians trapped in an open-air prison. Under the coordination of the Free Gaza Movement, numerous human rights organizations, including the Turkish Relief Foundation (IHH), the Perdana Global Peace Organization from Malaysia, the European Campaign to End the Siege of Gaza, and the Swedish and Greek Boat to Gaza initiatives will send three cargo ships loaded with reconstruction, medical and educational supplies. At least five passenger boats with over 600 people on board will accompany the cargo ships."

Palestinian group warns Hamas ‘fear could lead to revolt’ in Gaza
A quote...."GAZA: Security forces of the Islamist group Hamas detained Palestinian political activists overnight for distributing leaflets urging them to ease up on the people of Gaza or face a possibly explosive revolt. -- An official of the Popular Front for the Liberation of Palestine (PFLP) told Reuters several members were arrested late on Tuesday and set free on Wednesday."

ISRAEL SAYS NO UNITY ON GERMAN SOIL ALLOWED
A quote...."With all the love floating around between Abbas, Israel and Obama recently, fresh winds of "peace" are wafting in the air. Israel is putting on it's "warm and fuzzy peace face." Look at us, we want peace with Palestinians. And there's old wrinkled has been Abbas, mouthing platitudes on Israeli tv blowing kisses to Netanyahu with words that send Bibi into ecstasy. Like the Right of Return is negotiable, no more resistance in the West Bank and fer sure, no Palestinian state to be declared unilaterally, only with permission."
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The European Economic Crisis is Not Complicated
Must Read - A quote...."You might assume that the global economic crisis is complicated. - Just when it looked like things were getting better, Greece, Portugal and Spain are melting down. It's just too complicated for any layperson to understand, right? - No, not really. - There Wouldn't Be a Crisis Among Nations If Banks' Toxic Gambling Debts Hadn't Been Assumed by the World's Central Banks - There wouldn't be a crisis among nations if banks' toxic gambling debts hadn't been assumed by the world's central banks."

The second world economic crisis – Webster Tarpley - (RTYuTb - 5 min 15 sec - April 28, 2010 )
Must View RTVideo - Alt - A quote...."(RussiaToday) – April 28, 2010 – With Greece’s debt mounting by the day and the United States starting to recover from the worst financial crisis since the Great Depression, will there be a ripple effect from Greece’s troubles? While U.S. cities and towns wrestle with financial problems, investors are finding a new way to profit on their misery: by buying derivatives that essentially bet municipalities will default."

Wake The President
Special Note - A quote...."Most days we can coast along, confident that tomorrow will be much like yesterday.  On a very few days we need to look hard at the news headlines, click through to read the whole story, and then completely change a large chunk of how we thought the world worked.  Today is such a day. -- Everything you knew or thought you believed about the European economy – and the eurozone, which lies at its heart – was just ripped up by financial markets and thrown out of the proverbial window." - also posted at ICH

ECB may have to turn to 'nuclear option' to prevent Southern European debt collapse
A quote...."The European Central Bank may soon have to invoke emergency powers to prevent the disintegration of southern European bond markets, with ominous signs of investor flight from Spain and Italy."

Trillion Dollar Bailout for Greece
A quote...."Almost weekly, we hear new announcements from the the IMF, the EU, the ECB of money they are supposedly providing to Greece. The details are always sketchy (to be filled in later) and the money never seems to be sent, but sometimes it does spike the market upwards for a few hours...." - Editor's Note:  Check out the comments....

Peter Schiff on Tech Ticker – Economics 101
Video - Eco101 & SS&Gold -- A quote...."Attention: Federal Government and The Federal Reserve - Keep your hands off the economy!"

The Coming Plan to Slash Social Security and Medicare - The Flight of the Deficit Hawks
A quote...."The deficit hawks are going into high gear with their drive to cut Social Security and Medicare. President Obama’s deficit commission is having a big public event on Tuesday in which many of the country’s most prominent deficit hawks will tout the need to reduce the budget deficit. The next day, Wall Street investment banker Peter Peterson will be hosting a “summit on fiscal responsibility,” which will feature more luminaries touting the need to get deficits under control."

Gerald Celente on Bill Meyer – Wall Street is the biggest Casino in the world
Video - posted by geraldcelente -- A quote...."Gerald Celente on BILL MEYER 26 April 2010"

Barofsky Says Criminal Charges Possible in Alleged AIG Coverup
A quote...." April 28 (Bloomberg) -- Neil Barofsky was unpacking boxes in December 2008 when the stench of sewage wafted through the hallways at the 168-year-old Main Treasury Building. The space assigned to him as head of the Office of the Special Inspector General for the Troubled Asset Relief Program, or SIGTARP, was shoehorned into the basement, three floors below U.S. Treasury Secretary Henry Paulson's offices."

Seize and Liquidate Goldman Sachs
A quote...."Today’s Senate hearings, carried on CNBC, Bloomberg, and C-SPAN, represent the first major exposure of the American people to the scandalous frauds of the derivatives casino, including synthetic collateralized debt obligations (synthetic CDOs or CDO²)."

CHART OF THE DAY: 49 Out Of 50 State Economies Are Still Underwater
Chart - A quote...."49 out of 50 U.S. states are still showing less economic activity than a year ago, based on February 2010 coincident economic indicators from the Federal Reserve of Philadelphia."

Tuesday April 27th 2010

AIPAC: The Voice of America — Part 1: The Orange and the Pea - (YouTube - 7 min 55 sec - April 20, 2010)
Video - Special Note - A quote...."posted by alawson911 -- April 20, 2010  — There can be no doubt, at least as far as Middle East Policy is concerned, that AIPAC is the Voice of America. -- Although I have heard AIPAC pronounced in two distinct ways, one of which is A-PAC, I have chosen to pronounce the acronym with the same initial sound as in the word 'aisle'. To me, this pronunciation is more appropriate, because the use of the A for America sound is subtly misleading. The organization has nothing to do with A for America, it is all about I for Israel."

Iran a Threat? I Mean, Really?
A quote...."First, on the chance you missed it, Secretary of State Hillary Clinton has said publicly that Iran "doesn't directly threaten the United States." Her momentary lapse came while answering a question at the U.S.-Islamic World Forum in Doha, Qatar, on Feb. 14. -- Fortunately for her, most of her FCM fellow travelers must have been either jet-lagged or sunning themselves poolside when she made her unusual admission. And those who were present did Clinton the favor of disappearing her gaffe and ignoring its significance. (All one happy traveling family, you know.) -- But she said it. It's on the State Department Web site. Those who had been poolside could have read the text after showering. They might have recognized a real story there. Granted, the substance was so off-message that it would probably not have been welcomed by editors back home." -- also posted at WarInIraq & AlethoNews & CounterPunch & ConsortiumNews

Russia, Norway urge fair Iran solution
A quote...."Russia and Norway have joined China in urging a quick and "diplomatic" end to the deadlock over Iran's nuclear program, with Moscow keeping silent on sanctions."

'Torture' at secret Iraq jail in Baghdad
A quote...."Routine torture, including electric shocks and sexual abuse, was inflicted on detainees held in a secret prison in Baghdad, Human Rights Watch says. -- The group's findings are based on interviews with more than 40 people, including a British man who said Iraqi army interrogators were responsible. -- Human Rights Watch says the men's stories are credible and consistent."

Mosul in revolt over torture claims at ‘al Maliki’s secret jail’
Related Article - A quote...."BAGHDAD // Officials in the northern Iraqi city of Mosul have threatened a campaign of civil disobedience against the government and the army after allegations of torture and abuse at a secret prison controlled by the office of the prime minister, Nouri al Maliki. -- More than 400 men from Ninewah province were arrested last year and taken to the makeshift jail at the Old Muthanna military airbase in northern Baghdad." -- also posted at Uruknet

If Abdulmutallab [Mr. Fizzle-Pants] Trained With Al-Qaeda, Why Did The U.S. Government Let Him On A Plane? Special Note - A quote...."Comic book IntelCenter propaganda video of underwear bomber with an AK-47 and a Qur’an doesn’t answer any of the questions surrounding Delta Flight 253. - Fuming with the evisceration of the ludicrous official story behind the Detroit plane bomber incident, the dubious Pentagon front IntelCenter has released a video tape which allegedly shows Umar Farouk Abdulmutallab training with “Al-Qaeda” in Yemen. Unfortunately, the tape still fails to explain why the U.S. government intentionally let a known terror suspect board a commercial airliner. -- “The video, broadcast yesterday by ABC World News, shows Umar Farouk Abdulmutallab firing weapons and speaking in Arabic about his impending attack on the aircraft. He is shown reading from the Qur’an and saying: “God said those who punish you must be punished,” reports the Guardian." -- For more on Mr. Fizzle-Pants see....US-False Flag Ops - Lap Bomber -- For more on Rita Katz see....Judeo-Christian C/C & US - Rita Katz

How to make IED's at home, courtesy of IntelCenter's Ben Venzke!
Related Article - A quote...."Ben Venzke's IntelCenter, along with Rita KATZ's SITE, are two MOSSAD/CIA fronts that in the past, have always been the 'first' to find nefarious sounding 'al CIA duh' recordings on the Internet before even the world's intelligence agencies have located these Herzliya, Israel productions. -- Amazing, isn't it that a handful of people, surfing the 'Net, can discover these video and audio recordings, then be 'gracious' enough to let Rupert Murdoch's vast media empire publish them?"

Manuel Noriega - from US friend to foe
Special Note - A quote...."Before Saddam Hussein there was Manuel Noriega. Like Saddam, Noriega enjoyed US support until he turned into a wayward ally, then an embarrassment, and finally an "imminent danger" who had to be overthrown. - Noriega was recruited as a CIA informant while studying at a military academy in Peru. He received intelligence and counterintelligence training at the School of the Americas at Fort Gulick, Panama, in 1967, as well as a course in psychological operations at Fort Bragg, North Carolina. He was to remain on the CIA payroll until February 1988."  --  "After Torrijos's death in a mysterious plane crash in 1981 [Yeah, that's right, the CIA murdered Torrijos to make way for the more "cooperative" Noriega. - mpg], Noriega consolidated his power, becoming Panama's de facto ruler, promoting himself to full general in 1983. - Noriega made himself valuable to the US during the Contra wars when he allowed the US to set up listening posts in Panama and by helping the US campaign against the leftist Sandinista regime in Nicaragua. Noriega allowed Panama to be used as a conduit for US money and weapons [and DRUGS, i.e. cocaine, don't forget the cocaine! - mpg] for the Contras as then US president Ronald Reagan sought to undermine the Sandinistas. But Noriega's increasing brutality [hah, most likely it wasn't his "brutality" that made him a liability, heck, the more brutality the better from the US-NRE's perspective....no, it was probably the fact Noreiga was going into business for himself that] turned him into a liability, especially after the assassination of Hugo Spadafora, a political opponent who was found beheaded in 1985."  - bold by website editor - also posted at ICH - For more on this sort of issue see....Now That's Just Sick - 10-25-09 - mpg

Coca Cola's Role in the Assassinations of Union Leaders Explored in Powerful New Documentary
A quote...."As soon as the union was formed, the trouble started," intones the brother of murdered Colombian union leader Isidro Gil ominously at the start of "The Coca-Cola Case," a documentary co-production by the NFB and Argus Films that is about to have its New York premiere. -- The 86-minute film chronicles the relentless efforts of American lawyers trying to take the soft drink giant to court over the killings of 10 union leaders, who represented workers at Coke bottling plants in Colombia."

Military Confrontation in The Andes? Venezuela, Ecuador Ratchet Up Rhetoric Versus Colombia’s Santos
Posted at Global Research -- A quote...."Venezuelan President Hugo Chavez and Ecuador’s President Rafael Correa rejected what they called threatening statements by the frontrunner in Colombia’s presidential race. -- Chavez called Colombian presidential candidate Juan Manuel Santos a “clear threat” to Venezuela, Ecuador and Nicaragua, saying any Colombian “aggression” against allied nations would be taken as an attack on Venezuela."

Welcome to the New Honduras, Where Right-Wing Death Squads Proliferate
Wow!  Hideous Hillary must be so "excited" right now, her new death squads are continuing to gun people down in Honduras with US-NRE sanction and support, soon she might even have the pleasure of being "thrilled" by the mass murders of entire families, maybe even whole villages.  Way to go Hillary! - mpg --  A quote...."At least that's the message of right-wing president Porfirio "Pepe" Lobo Sosa and much of the international community. Several U.S. and international agencies are in the process of restoring aid to Honduras. U.S. biofuels, mining and other businesses are ramping up for increased investment in the impoverished Central American country. The massive repression of public protests, curfews and censorship that followed last summer's coup d'etat have abated."

Russia ready to forge ahead in strategic partnership with Ukraine - paper
A quote...."Russia will seek to use the momentum created by a deal with Ukraine extending the stay of its naval base in Crimea for a discount on gas prices to forge new long-term partnerships in the air industry, energy and nuclear sectors with Kiev, a Russian business daily said on Wednesday."

Chaos marks Ukraine base debate
A quote...."A government move to extend leasing rights for a Russian naval base in Ukraine has been ratified by the country's parliament amid angry protests by the opposition. -- Opponents hurled eggs and detonated smoke bombs inside the parliament chamber, disrupting Tuesday's debate over the agreement." -- Think of it folks, if that had happened here in this country, every single one of those demonstrators would have been tasered, pepper-sprayed, bludgeoned with batons, and when the eggs and smoke bombs started to be thrown, they would have simply been gunned down with gusto.....in this so-called "land of the free". - mpg

Belarus to be given partner status on SCO dialogue
A quote...."A memorandum on granting Belarus the status of a dialogue partner in the Shanghai Cooperation Organization (SCO) will be signed on Wednesday in the capital Minsk, a Belarusian Foreign Ministry spokesman said."

Declassified: Top Secret Katyn massacre files published by Russian archives
RTVideo - (RTYuTb - 6 min 35 sec - April 28, 2010) -- A quote...."More light has been shed on the massacre of the Polish nationals carried out by the Soviet secret police in 1940. Russia's archive agency has published on its website copies of once top secret documents that show the decision to kill them was approved at the highest level."

Pentagon’s Mach 20 Glider Disappears, Whacking ‘Global Strike’ Plans
Weapons Tech Note - A quote...."The Pentagon’s controversial plan to hit terrorists half a planet away suffered a setback this weekend, after an experimental hypersonic glider disappeared over the Pacific Ocean." -- "nine minutes after launch, Darpa researchers lost contact with the HTV-2. They’re still trying to figure out why. The agency says the flight test wasn’t a total bust: The craft deployed from its rocket booster, performed some maneuvers in the air, and “achieved controlled flight within the atmosphere at over Mach 20,” Darpa spokesperson Johanna Jones says." -- also posted at BLN & RogueGov

A Nation Born in Deception
A quote...."As Israel attempts today to gloss over the reality of its birth 62 years ago with a sweeping public relations campaign extolling the miraculous "resurrection" of ancient Zion in contemporary times, a new nation seeking only peace with its neighbors, it might be enlightening and valuable to examine the truth."
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More On The Palestinian Situation....

ISRAEL ATTACKS-SEE IT BEFORE IT'S GONE
A quote...."All I can say is ROFLMAO: The Comedy Central website has created a game called “I.S.R.A.E.L. Attacks,” in which a bloodthirsty murdering robot called "Israel" is out to kill every cartoon character on the show. -- And of course the Zionists are in attack mode here asking people to complain and have it removed."

Israeli warships fire on Gazan [fishing] boats
A quote...."Israeli navy warships have once again opened fire on Palestinian fishermen along the shore of the Gaza Strip, inflicting damage on their boats." - For more on this issue see....Israel's Scorched Earth

Israel Kidnaps Lawyer Representing Jordanian Detainees
Sort'a makes it hard to defend yourself when "da'man" kidnaps your own lawyer, but since whan have the Israelis EVER "played fair". - mpg  --  A quote...."Israeli soldiers kidnapped on Sunday Shereen Al Esawy, a lawyer representing Jordanian Detainees imprisoned in Israel. Al Esawy was kidnapped at a roadblock, near Jabal Al Mokabbir, in East Jerusalem." - also posted at AlethoNews

Palestinians resist threat of eviction in Jaffa
A quote...."Amidst the crater-filled roads, crumbling art deco houses, Jewish-Israeli filled hummus joints and flashing blue lights of passing cop cars, Palestinian citizens of Israel are struggling to grasp onto the last neighborhood of Jaffa to remain a Palestinian majority -- Ajami. Long before Jews settled Tel Aviv in pursuit of the Zionist dream in the late 19th century, Palestinian Jaffa was a bustling port city shipping tons of goods to cities throughout the globe. Now the port is nothing more than a quiet docking station for fishing boats and yachts." -- also posted at Uruknet

The UN’s disgraceful failure to support Gaza and Palestine!
A quote...."UK, April 28, 2010 (Pal Telegraph, by Peter Eyre) - Since its inception the United Nations has failed the people of Palestine, especially those living in the Gaza Strip. It predecessor, the League of Nations, also had many failings which eventually led to its demise and collapse. It is obvious that the UN of today is clearly not working and in many cases has no strength or accountability. We frequently see a majority vote take place but then when it gets into the hands of the Security Council (the elite few) it fizzles out, either by someone abstaining or using their trump card, the dreaded veto."
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Keiser Report with very special Hollywood guest
Video - Alt - (MKRTYuTb - 25 min - April 27, 2010) -- A quote...."This time Max Keiser and co-host Stacy Herbert look at a handful of the many Goldman Sachs fraud metaphors; the scandals of what the US bankers, regulators and government knew about Repo 105 before it helped take down Lehman Brothers, and of President Clinton's big mistake on derivatives. In the second half of the show, Stacy interviews Max Keiser, in virtual Hollywood, about the box office futures market."

Banks Bailed Out By American Taxpayers Are Paying Us Back By Shorting Our States and Cities
A quote...."Americans bailed out the giant banks. So how do the too big to fails re-pay the American taxpayers? - By betting that American states and cities will fail."

Case-Shiller Index: Home prices drop 0.9% In February
A quote...."Home prices in the Top 20 Metropolitan Areas declined 0.9% in February, according to the Standard & Poor’s Case-Shiller Index. It was the fifth consecutive monthly drop. The big winner was San Diego with a 0.6% increase over January.  Portland suffered a 2.4% drop over the previous month.  The biggest loser in this current market downturn continues to be Las Vegas where prices are off 56.0% from their peak.  Las Vegas suffered a 0.4% decrease over January.  Overall, home prices in the Top 20 Metropolitan Areas were down 30.3% from their July, 2006 peak ."

February Case-Shiller Home Price Unadjusted Index Tumbles As Home Price Deterioration Accelerates
Charts - (click to enlarge) - Related Article - A quote...."Unadjusted Case-Shiller data for February indicated that on a sequential basis the decline in home prices is accelerating. And this is even with every stimulus imaginable thrown at the problem. We can't wait to see what happens with the latest round of homebuyer subsidies runs out."

US Treasury Pays Down Over $484 Billion In Bills In April: Debt Roll Concerns Becomes Acute
A quote...."Here is the primary risk of why frontloading the US Treasury with ultra-short holdings is just asking for a capital markets/liquidity/solvency/sovereign crisis. So far in April, the US Treasury has redeemed over $484 billion in Bills. That's nearly a half a trillion in mandatory cash outflows, interest payments aside. In April the cash out for interest expense will likely be one twentieth of this. What people don't realize is that the Treasury in April was down to just $9 billion in cash. Unless the UST can roll its debt not on a monthly but now weekly basis in greater and greater amounts, the interest rate doesn't matter. All it takes is one semi-failed auction and it's game over as hundreds of billions in bills become payable."

Red Lights Flashing For UK Credit Spreads According To CDS Market
Forget the rest of the PIIGS, the UK is next! - mpg -- A quote...."The CDS market, as always, is prophetic to the dot: after main deriskers in the past two weeks were Spain, Portugal and France, so far the spread blow out in these markets has materialized like a Swiss watch. Which is why Ambrose Evans-Pritchard better be looking at this week's DTCC data, because the credit market is flashing a bright red warning light over his favorite bankrupt country - the UK (incidentally, the week's largest net derisker, just after Goldman Sachs)."

S&P Downgrades Greece To Junk - Full Obituary Enclosed
A quote...."We have updated our assessment of the political, economic, and budgetary challenges that the Greek government faces in its efforts to place Greece's public debt burden onto a sustained downward trajectory."

China To Announce New 4 Trillion Yuan Stimulus?
China has more money (a LOT more), a GROWING industrial economy, and they WILL outbid Bernanke and the Wall Street Boys every single time regarding "stimulus" packages, or for that matter, depreciating their currency.  In other words Bernie & Co (a.k.a. the Banksters) ain't gonna win this race to the bottom. - mpg -- For more on this sort of  issue see....Currency Spheres - 10-29-09 - mpg

China's industrial profit more than doubled in Q1
A quote...."BEIJING, April 28 (Xinhua) -- Industrial enterprises in China's 24 regions reported combined profits of 690.8 billion yuan (101.2 billion U.S. dollars) in the first quarter, more than double the figure of the same period last year, the National Bureau of Statistics (NBS) said in a statement Wednesday."

Monday April 26th 2010

Can The U.S. Beat Israel At Their Game? - posted at ICH
Must Read - Game Theory Analysis - Some quotes...."From a game theory perspective, Palestinian abuse has little to do with the Palestinians. From the Israeli point of view, their mistreatment is all about how best to provoke reactions that can be foreseen—within a acceptable range of probabilities. For those who view themselves as Chosen and above the law, such abuse is their God-given right. To behave otherwise would be irrational. -- Well-planned provocations have long been Tel Aviv’s core competence. For a skilled agent provocateur, an anticipated reaction can become a powerful weapon in the arsenal of the provocateur. In response to a mass murder on American soil, even a moderately competent game theorist could foresee that the U.S. would dispatch its military to avenge that attack."  ---  "Given every opportunity to conduct its affairs consistent with international law and standards of human decency, this extremist enclave chose another course. As both an enabler and a target of these religious extremists, the U.S. has a special obligation to take the lead in withdrawing recognition and securing the nuclear arsenal now under Israeli control. - Further delay only heightens the probability of another agent provocateur operation on a scale of 911—doubtless featuring yet another evidentiary trail that points to “Islamo” fascists. With more than 80% of the U.S. Congress declaring an “unbreakable bond” with Israel, Americans face a perilous future in which we need help from other nations to pressure our leaders to act promptly." - bold by website editor

Love and Strife: Don't Spill A Drop
Quote of the Day...."....in these last few years we have seen – in intense, concentrated, microscopic view – the truth about the law, a truth which too often escaped us in the slow unrolling of peacetime. The truth that there is no law, no Platonic Form out there to which we give paltry representation. There is only power: power in conflict with power, power seeking to drive out power, to establish its dominance, maintain its privilege. Power…acquiesces to law – sometimes – but it never, never bows to it. Power goes along with the law when it is convenient to do so, when it is not too restrictive, when it demands little more than the occasional sacrifice – for the powerful are certainly not above throwing one of their own to the mob when circumstances require. But when it comes to the crisis, power shreds the law like a filthy rag and has its own way. And then you see that the law is nothing but a rag, to be torn and patched and fitted to power's aims."

9/11 Conspiracy Theories Gaining Momentum
Special Note - A quote...."Griffin’s next book, Cognitive Infiltration: An Obama Appointee’s Plan to Undermine the 9/11 Conspiracy Theory. -- This volume will make much hay over an Obama White House official’s article in 2008 as a Harvard law professor, suggesting that the government actively rebut conspiracy theories by networking on social websites. … Prodigiously, Griffin has been churning out 9-11 conspiracy books since 2004, asserting that U.S. agencies contrived a false flag terrorist attack through controlled demolitions. His first conspiracy potboiler was The New Pearl Harbor: Disturbing Questions About the Bush Administration and 9/11. Griffin believes that U.S. history is primarily a long catalogue of conspiracies across two centuries to facilitate American imperialism and aggression. Griffin faults the United States for killing hundreds of millions of people globally through its economic, military and environmental crimes, making the U.S. more murderous than the old Soviet Empire or the Third Reich. – Front Page Magazine." - For more on this issue see....Reficultnias's 9/11 Central

Behind the Arizona Immigration Law:  GOP Game to Swipe the November Election - posted at ICH
Special Note - A quote...."April 26, 2010 "Information Clearing House" -- Phoenix, AZ. --  Don't be fooled. The way the media plays the story, it was a wave of racist, anti-immigrant hysteria that moved Arizona Republicans to pass a sick little law, signed last week, requiring every person in the state to carry papers proving they are US citizens. - I don't buy it. Anti-Hispanic hysteria has always been as much a part of Arizona as the Saguaro cactus and excessive air-conditioning. - What's new here is not the politicians' fear of a xenophobic "Teabag" uprising. - What moved GOP Governor Jan Brewer to sign the Soviet-style show-me-your-papers law is the exploding number of legal Hispanics, US citizens all, who are daring to vote -- and daring to vote Democratic by more than two-to-one. Unless this demographic locomotive is halted, Arizona Republicans know their party will soon be electoral toast. Or, if you like, tortillas." - Editor's Note:  Keep in mind folks there's no difference between the Demo or Repub factions of the DemoRepub party....but they do fight over who gets the chance to be owned (and paid) by the parasitic class who runs this country.

Democrat: Arizona law like 'Nazi Germany'
Related Article - A quote...."A Colorado Democrat says Arizona is on its way to becoming a “police state” and its new immigration law is “reminiscent” of Nazi Germany. -- “It is absolutely reminiscent of second class status of Jews in Germany prior to World War II when they had to have their papers with them at all times and were subject to routine inspections at the suspicion of being Jewish,” Rep. Jared Polis (D-Colo), who is Jewish, told POLITICO."

More Hypocricy from Jon Stewart Regarding “PsyOp Muslim” Skit and Why are All the Bush Era Neocons Selling Their Books on His Show - Presstitute Alert #1 -- A quote...."This weekend we have been discussing the growing probability of the site Revolution Muslim being a front operation created to foster resentment toward the Muslim community in general. We have addressed the fact that Jon Stewart should have known better or at least done a little research before running with his “Go [expletive] Yourselves!” segment targeting what he call the “”radical Muslims” who threatened the creators of South Park."

Jon Stewart and MEMRI TV: After years of exposing neocon propaganda, Jon Stewart is now reporting it as “news” - Presstitute Alert #2 -- A quote...."The more I learn about Jon Stewart, the more detestable he becomes. After years of exposing neocon propaganda, Jon Stewart is now reporting it as “news” to his liberal audience."

Is the CIA behind Mexico's Bloody Drug War? - posted at ICH
Special Note - A quote...."April 26, 2010 "Information Clearing House" --  On Friday, two patrol cars were ambushed by armed gunman in downtown Ciudad Juarez. In the ensuing firefight, seven policemen were killed as well as a 17-year old boy who was caught in the crossfire. All of the assailants escaped uninjured fleeing the crime-scene in three SUVs. The bold attack was executed in broad daylight in one of the busiest areas of the city. According to the Associated Press:" - also posted at Uruknet

The New Secessionists - Article also posted at ICH
A quote...."The defining characteristic of the Second Vermont Republic is that there are two enemies, the United States government and corporate America,” Thomas Naylor, who founded Vermont’s secessionist movement, told me when I reached him by phone at his home 10 miles south of Burlington. “One owns the other one. We are not like the tea party. The underlying premise of the tea party movement is that the system is fixable.”

Texas Straight Talk With Ron Paul – “Obama = Corporatist, Worse Than a Socialist!”
Audio - Special NoteAlt - A quote...."Congressman Ron Paul talks about why the proper term for describing Barack Obama is "corporatist," not "socialist."

Do They Hate Liberals More Than They Love Liberty? -- The Politics of the Tea Partyers
Special Note - A quote...."Many “tea party” activists staunchly oppose big government, except when it is warring, wiretapping, or waterboarding. A movement that started out denouncing government power apparently has no beef with some of the worst abuses of modern times. -- Unfortunately, there is scant evidence that most tea partyers have studied the copies of the Constitution they generously hand out to bystanders." - For more on this issue see....The Tea Party - Another False Front & How About a "Justice Party"? - 04-23-10 - mpg

Cyberwar and Repression: Corporatist Synergy Made in Hell
Web Suppression Alert - A quote...."Unfailingly, defense industry boosters and corporate media acolytes promote the disturbing hypothesis annunciated by former Director of National Intelligence, Mike McConnell, that the nation is in peril." - also posted at Uruknet & ThePeoplesForum & UncommonThoughts - For more on this issue see....US - Atmpts 2 Cntrl Web
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The Nation's privy Cleaners
04-26-10
mpg

The FBI and the Death of Anna Mae Aquash - The Unquiet Grave
Must Read - A quote...."On February 24, at a quarter to three in the afternoon, a rancher on that part of the South Dakota steppe that crumbles into the Badlands was looking for a place to run a fence line when he turned a bend in a gully and found, curled on its left side, clothed in a maroon jacket and blue jeans, and looking for all the world like someone sleeping in perfect peace, a corpse."

This is how the FBI does its investigations people, time and time again.  Whether the case is as small as another murder of a proud, unyielding, Native American, or as large as terrorism on a mass scale, the FBI is always on the job to muddy the waters, taint evidence, frame the wrong suspects, perjure testimony, lose information, shred files or otherwise serve as the gofor lackeys of the parasitic/criminal class who run this country.

From "backing off" the bin Ladens and Saudi Royals for months prior to 9/11, to helping fly the bin-Ladens and Saudi Royals out of the country days after 9/11, to failing to look into flight school training for al-Qaeda members, to completely botching the Anthrax investigations, to their "involvement" in the Mumbai incident, to their "cooperative relationship" with Ali Mohamed, to their spending months, along with millions of tax payer dollars, entrapping every wannabe dope-smoking, indigent, illterate, crack-head into this nation's new reality TV show called "how to manufacture a terrorist"....the FBI is always there to clean-up and cover-up the crap left by our illustrious parasites and their plans of mayhem and murder.  They're this country's bath-room attendants for the wealthy, the privy-cleaners for this nation's "one percent".

They're worse than useless, they're enablers of obvious criminal conspiracies which lead to wars, cultural debauchery and national destitution. - mpg
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Treason by Members of the United States Congress
A quote...."It must have been realised that the letter to Secretary of State Hillary Clinton, signed by nearly 300 members  of the U.S. Congress, affirming their commitment to Israel, would be widely publicised and fall into the hands of that illegal Apartheid State, so the writing and signing of that letter should be considered an act of treason." - And here's the list....Senators - PDF or (HTML) and Congressmen - PDF or (HTML)

Blackmail: How The Controlling Elite Owns Politicians
A quote...."Homosexual rumors surrounding Senator Lindsey Graham underscore the core reason why the vast majority of Congress members habitually support legislation that is anathema to the interests of the people they are supposed to represent, because politicians rarely achieve positions of influence without being beholden to one form of blackmail or another." -- Just think of Jeff Gannon's 200 HUNDRED visits to the White House and all the other sexual escapades, or how about the DC Madam (who supposedly "hung herself", yeah, right.) and her little black book?  Let's face facts folks, Washington is the cess-pit of the New Roman Empire. - mpg

Judge Rules Yemeni's Detention Based Solely on Torture - Guantanamo and Habeas Corpus
A quote...."As Judge Kennedy explained, he told his lawyer, Kristin B. Wilhelm, that, “while held in Jordan, he ‘was regularly beaten and threatened with electrocution and molestation,’ and he eventually ‘manufactured facts’ and confessed to his interrogators’ allegation ‘in order to make the torture stop.’” In the “Dark Prison,” he added, he was “kept in complete darkness and was subject to continuous loud music.” - For more on this issue see....9/11-Iraq-Torture Fables
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Iraq election chaos as 52 candidates are disqualified
Must be more "ol'dat US-NRE free-dumb and de'mock-ery" -- A quote...."Iraq's election results have been thrown into further doubt after 52 candidates were disqualified, threatening the slight lead of challenger Ayad Allawi and risking heightened sectarian tensions." - also posted at Uruknet

More Post-Election De-Baathification: Another Blow to the Idea of Democracy in Iraq
A quote...."Iraq’s powerful de-Baathification committee has dealt another blow to the idea of democracy in Iraq:  After many conflicting reports over the weekend, it is becoming increasingly clear that the board’s attempt to de-Baathify 55 of the replacement candidates for other candidates that were themselves de-Baathified has been sustained by the special judicial board for the elections, along with an acceptance of its proposal to annul the personal votes for these candidates instead of transferring them to their list." - also posted at Uruknet

Bagram Prison: The new Guantanamo
A quote...."When Obama came to power last year, he pledged to close the prison at Guantanamo within one year, by January 2010. Not only did he fail to do that, but he has also maintained a second similar prison in Afghanistan, at Bagram Air Base, near Kabul. Bagram prison was set up in 2002 and today it holds, without charge, about 700 detainees, by comparison with about 200 at Guantanamo. A $60 million extension is now underway to upgrade Bagram, which will enable the facility to hold up to 1,000 prisoners."  - also posted at Uruknet

US military escalates its dirty war in Afghanistan
A quote...."The New York Times reported Sunday that American special forces units are operating in and around the Afghan city of Kandahar, assassinating or capturing alleged leaders and militants of the Taliban resistance ahead of the major US-NATO offensive scheduled for June."

Protestors burn 16 NATO tankers in Logar to protest killing of civilains
A quote...."PUL-I-ALAM: Around 1,000 people Sunday poured onto the streets against the killing of three members of a family in a coalition operation in the central province of Logar, the second demonstration against US troops in two days. -- The angry residents, chanting slogans against the United States and the provincial administration, blocked the Logar-Gardez highway in the Nasir village near Pul-i-Alam and burnt 16 tankers carrying fuel for NATO-led forces. -- On Friday, hundreds of locals staged a similar demonstration to denounce the killing of five civilians by US-led troops in the Kolengar neighbourhood of the provincial capital. Also, two US service members died from their injuries suffered in the firefight."

Afghans May Block NATO Offensive in Kandahar Over Civilian Deaths
A quote...."An official for the Afghan government today reiterated the threat to block the NATO offensive against the major southern city of Kandahar, warning that the alliance would have to guarantee that civilians would be protected in the offensive." - also posted at WarInIraq

At least 13 Americans killed as US Apache helicopter shot down in Farah: Taliban
A quote...."The low flying U.S Apache helicopter got shot down by Taliban while hovering over the Safid Khak district of Farah province in the late morning hours of the Sunday. The report adds the helicopter caught fire and fell on the desert of Nal in this district, killing at least 13 U.S. soldiers. It is worth saying that one of the U.S. helicopter was shot down near the airfield of Farah province about two months ago which was declared a helicopter crash as a result of a quick landing."  - 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 [even] some of the resistance movements, develope the ability to manufacture man-portable anti-air and anti-armor missiles themselves. - mpg - posted 03-05-10

Iran increasing its military presence in the Caspian Sea
A quote...."Iranian Admiral Seid Mahmud Musavi stated recently that Iran has launched super-modern military vessel in the Caspian Sea. He said that the Iranian fleet has high combat ability in both the Caspian Sea and the Persian Gulf." - also posted at WarInIraq

Kuwait opposes use of force against Iran
A quote...."Kuwaiti Emir Sheikh Sabah al-Ahmed al-Jaber al-Sabah says that Kuwait has always opposed the calls to use force against Iran over its nuclear program."

Egypt a ticking time bomb - Article also posted at ICH
Special Note - A quote...."April 25, 2010 "Toronto Sun" -- As battered air travellers struggle to recover from Iceland’s volcanic big bang, another explosion is building up. -- This time, it’s a political one that could rock the entire Mideast, where rumours of war involving the U.S., Syria, Israel and Iran are intensifying. -- President Hosni Mubarak, the U.S.-supported strongman who has ruled Egypt with an iron hand for almost 30 years, is 81 and in frail health. He has no designated successor. -- Mubarak, a general, was put into power with U.S. help after the 1981 assassination of President Anwar Sadat by nationalist soldiers. Sadat had been a CIA “asset” since 1952. -- Egypt, with 82 million people, is the most populous and important Arab nation and Cairo the cultural centre of the Arab world. It is also an overcrowded madhouse with eight million people whose population has tripled since I lived there as a boy. -- Not counting North Africa, one in three Arabs is Egyptian."

Berlusconi, Putin to sign cooperation deals
A quote...."ROME, April 25 (Itar-Tass) -- Italy’s Prime Minister Silvio Berlusconi will meet with his Russian counterpart Vladimir Putin in his private residences outside Milan to discuss a wide range of issues of bilateral economic cooperation, the Italian governmental press service said on Saturday." - also posted at WarInIraq

Austria, Russia sign South Stream deal
A quote...."Moscow and Vienna have signed an agreement for the construction of the Austrian section of the South Stream gas pipeline. -- The deal was signed on Saturday in Vienna by Russia's Energy Minister Sergei Shmatko and Austria's Economy Minister Reinhold Mitterlehner in the presence of Russian Prime Minister Vladimir Putin and Austrian Chancellor Werner Faymann."

Gazprom, Eni to give each 10% of South Stream shares to French EDF - Putin
A quote...."Russia's energy giant Gazprom and Italy's Eni will each give 10% of their shares in the South Stream gas pipeline project to French EDF, the Russian premier said. -- South Stream is designed to pump 63 billion cubic meters of Russian natural gas annually to Bulgaria, Italy and Austria."

90,000 Protest U.S. Base on Okinawa
A quote...."TOKYO — More than 90,000 Okinawans rallied Sunday to oppose the relocation of an American air base on their island, adding to the pressure on Prime Minister Yukio Hatoyama to resolve an issue that has divided Tokyo and Washington."

More Than 150,000 May Have Been Killed -- Colombia's Deadly "Democracy"
Well heck, when the US-NRE brings "democracy" to other nations, it usually kills MILLIONS.  Colombia got off lucky....for the moment. - mpg -- A quote...."In his book, "Colombia: the Genocidal Democracy", [GoglBkSrch]*  Father Javier Girardo, a Jesuit priest and long-time human rights activist in Colombia, estimated that, between 1988 and 1995, more than 60,000 Colombians lost their lives to the internal conflict in Colombia – most of them at the hands of the state, either in the form of the official Colombian military or the paramilitary forces supported by the state." - *links added - also posted at Uruknet
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More On The Palestinian Situation....

Gaza's calm determination
A quote...."To preserve my sense of purpose, and keep the Palestine struggle from becoming a lifeless abstraction, I need periodically to recharge my moral batteries by reconnecting with the actual people living under occupation and by witnessing firsthand the unfolding tragedy. From each trip I invariably carry away a handful of stark images that I fix in my mind's eye to dispel the occasional hesitations about staying the course. When the memories begin to fade I know it is time to return."

Al-Walaja: Defending Palestinian Land From Bulldozers
Photo Gallery - Contains Video - Alt -- A quote...."A sit-in protest was organised in the West Bank village of Al-Walaja (south of Bethlehem) on Sunday against the ongoing construction of the Wall, which was resumed last Thursday. - Approximately 200 Palestinian, Israel and international demonstrators tried to block bulldozers uprooting an olive grove, sitting in the place where the bulldozers staged." - also posted at Uruknet - For more on this issue see....Israel's Scorched Earth - Updated

Israeli forces shoot two Palestinians, international activist in Gaza
A quote...."At a nonviolent demonstration attended by 150 persons this morning, against the forceful cessation of farming within what Israel defines as a "buffer zone," two Palestinian demonstrators and one international activist were shot without warning. Israeli soldiers opened fire on the visibly unarmed demonstrators from the border fence."

Malta protests to Israel over shooting of national in Gaza
A quote...."Malta filed an official protest with Israel on Sunday after a Maltese woman was shot and injured by Israel Defense Forces soldiers during a protest in Gaza on Saturday."

An Entrenched System - Israel's Big and Small Apartheids
A quote...."Israel’s apologists are very exercised about the idea that Israel has been singled out for special scrutiny and criticism. I wish to argue, however, that in most discussions of Israel it actually gets off extremely lightly: that many features of the Israeli polity would be considered exceptional or extraordinary in any other democratic state."

Report back: Germans call for arms embargo against Israel
Action Update/Alert - Boycott, Divest and Sanction - Because what's happening right now in Israel is a monstrous case of ethnic cleansing. - mpg -- A quote...."On Tuesday, 30th of March 2010 activists of different peace groups gathered close to the Berlin office of Germany’s biggest steel and arms industry company Thyssen Krupp in the centre of Berlin close to the sqare called Gendarmenmarkt to protest against the export of German Dolphin Submarines and warships to Israel."

Gil Scott Heron cancels Israel gig - Hip Hip Hooray!!
Action Update - Boycott, Divest and Sanction - Because each and every one of us must do what we can to end Israel's murderous agression. - mpg -- A quote...."Gil Scott-Heron, whose political poetry influenced a generation of rap artists, last night sensationally announed the cancellation of his planned gig in Tel Aviv." - also posted at AlethoNews & 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

ABBAS CAVES ON "RIGHT OF RETURN" AND MORE - No surprise. - mpg
A quote...."The brilliant negotiator and head idiot Abbas has sold you out before even getting to the table. -- First rule of negotiations, begin from a position of power, not a position of weakness! You NEVER come to the table showing you are already willing to give everything away! What's left to bargain with? NO more resistance, that's now out according to Abbas, NO Right of Return, that's now negotiable, according to Abbas, NO claiming a Palestinian state without Israel's approval, that's gone according to Abbas. -- Palestinians are about to be screwed by one of their own. I feel so sorry for Palestinians who are about to read this utter rubbish coming from Abbas' corrupt American/Israeli owned mouth. There is a name for someone like him, it begins with the letter "T" for Traitor and "M" for Moron." - also posted at Uruknet

'You can't demolish a whole people' - Ahhhhh, but the Israelis are trying, OHHH are they trying....mpg
A quote...."Driving cautiously though the narrow and unmended streets of Nazareth, there could be no doubt that we were in a Third World city. -- Like the other Arab towns in Israel, its cramped houses are jumbled and squeezed together on the rising hillsides, unmitigated by urban greenery. -- The contrast with the wide, well-kept boulevards and the spacious, neatly trimmed parks of Jewish Israel is shocking." - also posted at Uruknet
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What Really Triggered the Financial Crisis? - The Shadow Banking System Blew Up  - posted at ICH
Must Read - A quote....."April 26, 2010 "Information Clearing House" -- Do you understand the root-cause of the financial crisis? Not many people do, which is why congress' attempt to regulate the system will probably fail and there will be another crisis in couple of years." - Possibly even sooner than that. - mpg

Bankers Said ‘Anything’ to Get High Rating, S&P Ex-Analyst Says
A quote...."April 26 (Bloomberg) -- Just past midnight on May 3, 2005, Standard & Poor’s analyst Chui Ng e-mailed co-workers to broker a solution to demands by Goldman Sachs Group Inc. bankers that he said violated two or more of the ratings company’s internal guidelines."

The Big Six banks are shorting the American Dream - posted at Online Journal
A quote...."The Big Six investment banks, Goldman Sachs, Morgan Stanley, JP Morgan Chase, Citigroup, Bank of America and Wells Fargo, are “shorting the American Dream,” according to economist Simon Johnson and entrepreneur James Kwak in an interview on April 16, “Financial Regulation and Regulatory Capture” on Bill Moyers Journal. [posted on this site 04-23-10] Here’s a summary of the big and important ideas and issues on the table."

Bet Against The American Dream - (Vimeo - 1 min 45 sec - 04-11-10)
Music Video - A quote...."A collaboration between ProPublica, This American Life and Planet Money."

America Is Losing Its Imperial Status, And Global Institutions Such As The IMF, G20 And BIS Are Filling The Void -- Special Note - A quote...."IMF As Grim Reaper of Austerity? - As I wrote last June: - When the International Monetary Fund or World Bank offer to lend money to a struggling third-world country (or "emerging market"), they demand "austerity measures".

Obama’s phony banking “reform”
A quote...."What the media is calling the “most sweeping overhaul” of the banking system since the Great Depression in reality sanctions the ever greater monopolization of the financial system by a handful of Wall Street giants, imposes no limits on executive pay, and allows the banks and hedge funds to continue gambling on exotic and largely unregulated securities such as collateralized debt obligations and credit default swaps."

Reports of Our Recovery Are Greatly Exaggerated
A quote...."From all outward appearances, it seems that a grim chapter in U.S. economic history has come to an end. Newsweek magazine declares that "America is Back," government statistics indicate revival, and our stock market has put in a rally for the record books (by rate of ascent, not highs - we are still more than 25% below the 2007 peak)."

Housing Sales and Inflation Surge
Chart - A quote...."The big news in the economy last week was new home sales jumped 27% in March.  It was the best monthly increase percentage wise since John F. Kennedy was in office.  What the mainstream media did not tell you was new housing starts jumped up from a very low level– like the lowest level in history!  This chart from shadowstats.com illustrates the point:"

FDIC shuts down 7 banks in Illinois
A quote...."Regulators on Friday shut down seven banks in Illinois, putting the number of U.S. bank failures this year at 57."

Sunday April 25th 2010

From The Rumor Bag: The Dangerous Politics Behind The Greek IMF Bailout And Why A Government Collapse May Be Imminent - Special Note - If the US-NRE in collusion with the Banksters here in this country (there's only about five or six of them) are orchestrating a deliberate attack against the Euro-Community and the Euro, in order that the Fed can sell US-NRE's bonds at low interest rates, things could get so radically unpleasant so fast that major geo-political ruptures would be impossible to prevent. - mpg -- A quote...."Supposedly written by someone in the upper ranks of the Greek government, who will reveal himself when he resigns over this matter in the coming week. --  He alleges G-Pap is rushing to get a deal involving the IMF because the Russians were about to offer a 50 billion euro, no-strings-attached (*ahem*) 4% loan package to Greece. Furthermore, the Chinese were showing interest in purchasing ΟΣΕ, the Greek national railroad, a real bleeder for Greek public finances, as part of a 60 billion euro European shopping-spree package."

Failed German Bond Auction: An Evil Portent?
Related Article - A quote...."That is the ultimate doomsday scenario with the unprecedented fiscal deficits around the world -- that governments' credit lines could run out and they couldn't raise the cash they needed in the bond markets. At that point, after bailing out banks that had faced the same dilemma, who's there to bail out the governments? -- That hasn't happened in Greece, ground zero in the European debt crisis. Earlier this week, Greece found ready and willing buyers for its short-term bills, albeit at yields twice what the government had to pay just a few months ago. -- It was Germany that didn't receive sufficient bids to sell all the bonds it offered. In other words, the auction failed." -- also posted at BLN
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Tony Blair, Very Close to being Indicted for War Crimes
A quote...."While on a speaking engagement in Malaysia organized by "Success Resources Company", former British Prime Minister Tony Blair was the object of an articulate protest movement demanding his indictment for war crimes. -- This was no ordinary protest. Tony Blair has been accused of war crimes in a legal initiative led by the country's former Prime Minister, Dr. Mahathir Mohamad."

Did the Government Entrap the 9/11 Hijackers?
From the History File - Wednesday, March 26, 2008 -- A quote...."We've all seen it on television. The defense attorney argues his client was "entrapped". That is, that it wasn't the defendant's idea to commit the crime, but that the police planted the idea and urged him to do it. -- Many of us have heard allegations that post-9/11 arrests of suspected Al Qaeda members were based on very thin information. Did you realize that all or virtually all of these arrests occurred due to entrapment? For example:" -- For more on this sort of issue see....9/11 - The Patsies, Their Passports and Their Visas - Updated

Colleague Says Anthrax Numbers Add Up to Unsolved Case
A quote...."A microbiologist who supervised the work of accused anthrax killer Bruce E. Ivins explained to a National Academy of Sciences panel Thursday why the arithmetic of growing anthrax didn't add up to Ivins' mailing deadly spores in fall 2001." - also posted at RawStory & PrisonPlanet & TruthIsContgs -- For more on this issue see....US-False Flag Ops - Bruce Ivins

Saboteurs hit Iraq's northern oil pipeline, halting exports
A quote...."LOS ANGELES, Apr. 23 -- Iraqi oil exports have been cut due to sabotage along the northern pipeline system, according to officials who say repairs could take up to a week. The 970-km line transports crude oil from the country’s Kirkuk fields to Turkey’s Mediterranean port of Ceyhan."

Iran ready to send gas to Switzerland
A quote...."Iran is to export gas to Switzerland in accordance with a gas deal between the two countries, which the financial crisis had delayed. -- "We have no problem to export natural gas to Switzerland," Iran's Oil Minister Masoud Mirkazemi told reporters on Saturday in Tehran." - also posted at WarInIraq

IRGC stops Italian, French ships in PG
A quote...."The Islamic Revolution Guard Corps' naval patrol units have stopped an Italian and a French vessel in the Strait of Hormuz and inspected them. -- The two vessels were inspected by the IRGC forces during a military maneuver on Friday for verification that they complied with environmental regulations. -- The vessels were allowed to continue sailing after confirmation that they had not breached any regulations, the Islamic Republic News Agency (IRNA) reported." -- also posted at WarInIraq

Drills in Far East to involve warships of three Russian fleets
A quote...."Warships of three Russian fleets will meet in the Sea of Japan during large-scale military exercises in the Far East, a Pacific Fleet source told RIA Novosti on Friday."

Bakiyev blames Russia for overthrow
A quote...."Kurmanbek Bakiyev, the deposed Kyrgyz president, has said that Russian anger at his decision to extend the lease on a US air base was a factor in his overthrow. -- Speaking from the Belarussian capital of Minsk, where he is in exile, Bakiyev said he had annoyed Russia by allowing the air base, which is crucial for supplying the war in Afghanistan, to continue operating."

Japanese rally against US air base
A quote...."Demonstrators have gathered at a rally in Okinawa, Japan, to protest against a US military air base on the island. -- Sunday's rally, near Kadena air base, the largest US military facility in the Asia-Pacific region, is expected to include Hirokazu Nakaima, Okinawa's governor, and more than 30 town mayors." - also posted at WarInIraq
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Jeremy Grantham: This Is Nothing But The Greenspan Legacy's Latest Bubble, America Is Now "Thorougly Expensive" - Video Special Note - Alt - (Note: size window for best viewing) -- A quote...."Yesterday we first posted Jeremy Grantham's latest letter which incidentally is a must read for everyone who still is stupid enough to think this market reflects anything remotely related to fundamentals, when instead all it is pricing in is the money printing Kommendant's daily predisposition to continuing his dollar decimation via ZIRP and shadow QE."

Gerald Celente: Financial Reform Is Just a Show
Video - Alt - (GCRTYuTb - 6 min - April 22, 2010) -- A quote...."Trends forecaster Gerald Celente gives his analysis on Wall Street regulation, including problems with the finance reform bill. -- Celente argues that the people who deregulated the financial industry are the same people advising President Obama in the White House. The trends forecaster points out the large amounts of money President Obama and Senator Chris Dodd have received from financial institutions."

Goldman Sachs Boasted As The Meltdown Unfolded
A quote...." E-mails released Saturday morning show top executives at Goldman Sachs Group Inc. boasting about the money the firm was making as the national housing market collapsed in 2007. -- The e-mails suggest Goldman benefited from its bets that securities backed by subprime mortgages would lose value. The messages seem to contradict previous statements by the investment bank that it lost money on the securities."

Obama reassures Wall Street on bank regulation bill
A quote...."President Barack Obama went to lower Manhattan Thursday to deliver a message to Wall Street: Your profits and bonuses will not be disturbed by the regulatory overhaul making its way through Congress." -- One can just picture it in your mind's eye.  Obama's at a strip joint.  One of those well endowed ladies comes sashaying over to him on the catwalk, her garter just stuffed with twenty dollar bills, and while Obama kisses her butt, he starts to pull out and pocket all of her money.  When she objects, he just looks at and says...."but honey, I'm a politician, what more do you want!" - mpg

UK borrowing hits record £163.4bn
A quote...."Government borrowing hit a record high of £163.4bn in the last financial year, official figures have shown."
Saturday April 24th 2010

No posts. - mpg

Friday April 23rd 2010

Those Darn “Conspiracy Theorists”!
Must Read - A quote...."Those darn “conspiracy theorists”! Used to be that everyone knew what to believe… it was those “Radical Muslims“, it was Bruce Ivins, and the crash of the economy was the fault of all those poor people trying to get loans for houses they couldn’t afford. -- Then along come the damn “conspiracy theorists” saying things like Lucky Larry Silverstein (he and his children all just happened to be out of the office that morning… the office located in the Twin Towers)  demoed the World Trade Centers for money, Bruce Ivins was a patsy, and the economic crash was a carefully planned heist by the greediest bankers and hedge fund managers who have ever lived. -- Thank God we have a legitimate press that can weed through the stories to find the real facts… like… these…."

Bombshell: Silverstein Wanted To Demolish Building 7 On 9/11
Must Read - Contains Videos - WTCOwnr - PullIt? - WTC7IncrmntgEvdnc - 9/11DanRthr - BBC&WTC7 -- A quote...."Preface from Alex Jones: To truly grasp the magnitude of this story, you really have to read the entire article. Immediately after the “pull it” controversy, debunkers claimed there was no plan to conduct a controlled demolition of the building. Now the fact that officials were considering blowing up the building is established, Silverstein’s consistent denial that this took place is a huge smoking gun. How did Silverstein expect to demolish the building safely when such a process takes weeks or even months to properly set up, even without the additional chaos surrounding WTC 7 on 9/11? How could explosives have been correctly placed on such short notice inside a burning building that had already been evacuated – unless the explosives were already in place? This new revelation is astounding and it needs to be investigated immediately."

For more on the two articles shown above see....Reficultnias's 9/11 Central

The “Radical Muslim” Group The Threatened South Park Creators Was Created and Run by Joseph Cohen, a Former Israeli Radical Who Used to Live in a Settlement in the West Bank - Must Read - Presstitute Alert -- A quote...."Jon Stewart, go [expletive] yourself. You’re no better than Glenn Beck. -- South Park ran an unedited image of Muhammad in 2001 and nothing happened. For 4 seasons they had that image in their opening segment for every single show… and nothing happened. -- Last week a group called “Radical Muslim” threatened violence against Comedy Central if they aired an image of Muhammad. -- “Radical Muslim” was started and ran by a man named Yousef al-Khattab. Yousef al-Khattab was born Joseph Cohen, in Brooklyn New York. After attending a orthodox rabbinical school in Israel, he went to live in a settlement in the West Bank to help steal Palestinian land from Palestinians. His story is that he “converted” to Islam after meeting someone in a chat room. You know what “settlers” are like in the occupied territories don’t you Mr. Stewart? Ever see that video of them beating the old Palestinian woman with a baseball bat? -- Ever see that Mr. Stewart?  If not, take a look here. This video was released by B’Tselem."

Support for Israel is not only tragic and immoral, it is also extremely damaging to Americans
Must Read - Contains Video - Alt - A quote...."Elements, vital elements, of the US Government have always opposed the concept of a Zionist Israel, ever since State and Defense advised Truman not to sign on... which he did with reservations, qualifications and restricting conditions, which were immediately and have long since been ignored. -- But, none of these vital elements of governance, govern the Zionist Corporate controlled US Press, Entertainment, Academic, and Public (Mis)information Media where the grass roots of American public opinion are planted and from which the contentedly uninformed American masses take their opinions and feelings and the corporate and business advertising budgets which drive them. Nor do they control the free-spending lobbies who buy and sell Legislators and Politicians on Capitol Hill with the same ease with which they trade banks and corporations on the Stock Market. Go figure!" -- also posted at AlethoNews & WarInIraq

An Act Of War - posted at ICH
Must Read - Quote of the Day...."April 23, 2010 "United States House of Representatives" -- Mr. Speaker I rise in opposition to this motion to instruct House conferees on HR 2194, the Comprehensive Iran Sanctions, Accountability and Divestment Act, and I rise in strong opposition again to the underlying bill and to its Senate version as well. I object to this entire push for war on Iran, however it is disguised. Listening to the debate on the Floor on this motion and the underlying bill it feels as if we are back in 2002 all over again: the same falsehoods and distortions used to push the United States into a disastrous and unnecessary one trillion dollar war on Iraq are being trotted out again to lead us to what will likely be an even more disastrous and costly war on Iran. The parallels are astonishing." - also posted at WarInIraq

An Act Of War - Alt - (YouTube - 5min 30sec - April 22, 2010)
Must View Video - Ron Paul in opposition to sanctions on Iran.  - mpg
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How About a "Justice Party"?
04-23-10
mpg

Newt Gingrich: Tea Party Will Become “Militant” Faction of Republican Party
Special Note - Contains Video - Newt's right, (purely by accident) although if the Tea party puts forward its own candidates it'll take votes away from the Repub faction of the DemoRepub party, which is why Newt said what he said and also why it isn't going to happen. - mpg -- A quote...."Neocons hate the Tea Party almost as much as Democrats and liberals. And that is why the neocon and potential Republican presidential candidate Newt Gingrich called the Tea Party militant the other day." - also posted at DProgram - For more on this issue see....The Tea Party - Another False Front

Kurt Nimmo, who wrote the article above, truly believes that the "Tea Party" is an alternative to the two-faced Janus duopoly called the DemoRepubs.  For those who believe the same a word of advice....  Just picture in your mind's eye the event that recently occurred little more than a year ago, as over one and a half million enthralled, entranced, enthused  and enraptured Obamamites patiently waited for hours to witness the coronation of their new emperor on a bitterly cold winter day.  Not of course as bitter as their disappointment later turned out to be in the one to whom they had so misplaced their blind faith.

Please people....do not be deceived again, do not be fooled again.  The Tea Party is just a corporate manufactured mirage designed to entice the disappointed voters in this country to once again participate in another lie.  As of yet, the Tea Party has refused to put forward a platform besides their supposed "opposition" to "big government"...whatever that may mean, just how vague can they be?

How about forming a "Justice Party" folks, now that has a nice ring to it, doesn't it?

How about this for its platform....

Of course, besides the three proposals shown in the list above -- "reign in the government", "abolish the federal reserve" (maybe) and "cancel ObamCareNot" -- (which won't happen even if the Tea Party remains un-co-opted on these issues and gets a few independents elected) --  none of the other proposals will ever appear on their platform.  In other words, it'll be business as usual for the New Roman Empire. - mpg
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Dear Mr. Bin Laden...
A quote...."We seem to be in a bit of trouble keeping people's minds focused on our 70 year long planned Crusade against the Muslim world and need your assistance. -- If you could issue some of your very timely warnings against a couple of countries that are having second thoughts about waging our 'Wars for Wall Street and Israel' for decades, it would be most appreciated."

Iraq closes secret prison, arrests 3 officers  - link posted at ICH
A quote...."BAGHDAD (Reuters) - Iraqi authorities have closed down a secret prison where over 400 mainly Sunni prisoners were held without trial, and arrested three officers of the military unit that ran it, an official said on Friday. -- The unit that operated the detention center reported directly to the office of Prime Minister Nuri al-Maliki, a Shi'ite Muslim, but officials denied any connection to or knowledge of the facility in Maliki's inner circle."

Iraqi government formation still months away
A quote...."BAGHDAD — After a historic election in early March, Iraq is still months from forming a new government as political leaders jockey for position in a race that appears to have little to do with voters."

'German Soldiers Don't Believe In a Happy Outcome'
A quote...."The deaths of seven German soldiers this month, coupled with disquiet about the Kunduz bombing last September have served to further disenchant the German public with its army's mission in Afghanistan."
   
AN ATOL EXCLUSIVE -- Confessions of a Pakistani spy - link posted at ICH
Special Note - A quote...."ISLAMABAD - Retired squadron leader Khalid Khawaja, a former Inter-Services Intelligence official and a close friend of al-Qaeda leader Osama bin Laden during the resistance in Afghanistan against the Soviets in the 1980s, has explained in videos sent to Asia Times Online how he was on a mission to broker a deal between militants and the army when he was captured by militants, and how he played a double game by deceiving a radical cleric into being arrested."

State Dept Ducks Question of Syrian Scuds, Accuses Them of Giving ‘Missiles’ to Hezbollah
A quote...."The US seems to have abandoned its damage control over condemning Syria earlier this week of providing Hezbollah with Scud missiles, a claim they later admitted probably wasn’t actually true. Now, they’re back in attack mode."

The Imminent Crash Of The Oil Supply -- What Is Going To Happen And Why Weren't We Forewarned? @ ICH
Chart - Keep in mind folks, the "peak" can be extended outward and upward by paying higher prices. But also keep in mind there is a "peak" where paying higher prices becomes unsustainably prohibitive, and a final "peak" of total extractable supply. - mpg - See also this Peak Oil Chart ("peaked" oil countries only) -- A quote...."April 23, 2010 "Information Clearing House" --  Look at this graph and be afraid.  It does not come from Earth First.  It does not come from the Sierra Club.  It was not drawn by Socialists or Nazis or Osama Bin Laden or anyone from Goldman-Sachs. If you are a Republican Tea-Partier, rest assured it does not come from a progressive Democrat.  And vice versa. It was drawn by the United States Department of Energy, and the United States military's Joint Forces Command concurs with the overall picture."

Putin heads to Austria for signing of South Stream deal
A quote...."Russian Prime Minister Vladimir Putin will visit Austria on April 24-25, a Russian government source said on Friday. -- He is due to meet with Chancellor Werner Faymann and President Heinz Fischer and oversee the signing of an agreement on Austria's entry into the South Stream project.-- The gas pipeline project is designed to carry 31 billion cubic meters of Russian natural gas a year across the Black Sea to Bulgaria and further on to Italy and Austria." - also posted at WarInIraq

Venezuela and Cuba Create Joint Venture for Oil Exploration
A quote...."CARACAS – Venezuela and Cuba signed a contract for a joint venture that will explore for crude oil and natural gas in two states in northeastern Venezuela, state-owned oil giant Petroleos de Venezuela SA, or PDVSA, said."

Correa Warns on Attempts to Turn LatAm into a Middle East
A quote...."Quito, Apr. 23 (Prensa Latina) Ecuadorian President Rafael Correa publicly announced the decision of avoiding that "insane groups, probably supported by foreign bases, want to turn the Latin American region in a new Middle East."

Bolivian President Evo Morales on President Obama: “I Can’t Believe a Black President Can Hold So Much Vengeance Against an Indian President” -- A quote...."As the World Peoples’ Conference on Climate Change in Cochabamba closes, we speak to Bolivian President Evo Morales about the US decision to cut off climate aid to Bolivia; narcotrafficking; the tenth anniversary of the Water Wars in Cochabamba; the protest at the San Cristóbal silver mine; and the contradiction between promoting the environment and extractive industries—oil/natural gas exploration, mining." --  ||  Real Video Stream  ||  Real Audio Stream  ||  MP3 Download  ||  More…  ||

18 veterans kill themselves every day: report
A quote...."The suicide rate among war veterans is extraordinary, new data reveals. -- Thirty try to commit suicide each day, on average, reports the Army Times. Eighteen succeed, roughly five of whom receive medical care from Veterans Affairs, rated one of the best health programs in the country." - also posted at BLN - For more on this type of issue see....

U.S. Casualties in Afghan War Soar Toward 15,000 Dead and Injured
Well, it appears some more / Bio-Weapons-Components / Cannon-Fodder / Killer-Unit-Flesh-Packets / are being degraded or permanently disabled.  Guess the government will have to go ahead and purchase some more of them...yawn.  What's the big deal anyway, they're highly inexpensive to maintain, cheap to acquire and incredibly easy to manufacture (although they do take up to eighteen years to assemble).  Besides....all of these BWCs were actually un-educated enough to let the government inject them with all kinds of unknown, untested and highly dangerous vaccines, drugs and other chemicals for years.  Or let themselves be exposed to deadly depleted uranium.  So what the heck, since they don't appear to have any built-in self-preservation instincts whatsoever and since as a result they're probably going to wear-out or cease functioning anyway, instead of letting them be a burden to society while they continue to uselessly use their VA benefits, or try to rehabilitate themselves while they all slowly and inevitably deteriorate, why not just use them up in the US-NRE's various occupations?  After all, it would be the "capitalist" thing to do. - mpg   - posted - 03-03-10  -- For more on this issue see....The Bidding War - 10-14-09 - mpg

Five Israelis charged with organ trafficking
A quote...."Israel has charged five of its citizens, including a retired army general, with operating a nationwide organ trafficking ring that ensnared dozens of potential victims. The charges include human trafficking for the purpose of organ harvesting and money laundering." -- For more on this issue see....Israeli Organ Thefts
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More On The Palestinian Situation....

Bil’in Ends Its Fifth Conference, Soldiers Attack The Weekly Protest Injuring A Dozen Civilians
A quote...."At least a dozen Palestinian and international civilians were injured during the weekly nonviolent protest at the central West Bank village of Bil’in. - This Friday protest marked the end of the Fifth Bil’in International Conference for Palestinian Popular Resistance, which began on Wednesday, April 21 with a full line-up of speakers including politicians, leaders of Popular Committees, Israeli activists, and international solidarity activists."  - also posted at Uruknet

Gaza: scouring for grazing grounds
A quote...."(IPS) – Nine-year-old Ismail spends every afternoon herding his family’s flock of sheep and goats, a scraggly group of roughly 20 animals. They live in a shanty house district near Tel el Howa in Gaza City, where growth is sparse to non-existent." - From IPS - also posted at ElectronicIntafada

Spirit of resistance strong in Iraq Burin
A quote...."Local and international activists broadcast a message of protest against settler and military violence in Iraq Burin last Saturday 17 April, marching to the threatened farmlands that lie between the village and the illegal settlement of Bracha. The demonstration showcased the village’s spirit of resistance, refusing to waver in the face of severe military repression."

Hamas: US Unfit as Peace Mediator
A quote...."A spokesman for the Hamas movement says the administration of US President Barack Obama lacks credibility as a mediator in Israeli-Palestinian peace talks. -- Speaking on Tuesday, senior Hamas spokesman Sami Abu Zuhri criticized President Obama's statement on the occasion of Nakba Day, saying the US leader's remarks only reaffirmed his administration's favoritism toward Israel."

Austrian delegation visits Gaza to observe humanitarian situation
Action Update - A quote...."GAZA, (PIC)-- Representative of Austria to Palestine Oscar Westneger and commercial attaché Christian Lassnig promised during a visit on Friday to the besieged Gaza Strip to convey the image of the humanitarian situation there to the international community."
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Mortgage Madness - Let The Fleecing Begin
Must Read - A quote...."April 23, 2010 "Information Clearing House" -- Housing has been going sideways for seven months now, mainly due to lax lending standards (at FHA), the Firsttime Homebuyers Credit, and the Fed's mortgage-backed securities (MBS) buyback program. But once the props are removed, the market will fall sharply. -- So where's the real, organic demand for housing? -- Here's a hint: There isn't any."

Bill Moyers interviews Johnson and Kwak Pt1 and Pt2
Must View Video - A quote....April 16, 2010 -- How did Big Finance grow so powerful that its hijinks nearly brought down the global economy – and what hope is there for real reform with Washington politicians on Wall Street's payroll? Bill Moyers talks with authors Simon Johnson and James Kwak, two of the nation's most respected economic experts and authors of the new book "13 Bankers:  The Wall Street Takeover and the Next Financial Meltdown.", [GoglBkSrch]*" - *links added -- ||  Transcript  ||  PodCast - Mp3  ||

The Story of the Financial Debacle: Goldman Plays, We Pay
Special Note - A quote...."The story of the financial debacle will end the way it began, with the super-hustlers from Goldman Sachs at the center of the action and profiting wildly. Never in U.S. history has one company wielded such destructive power over our political economy, irrespective of whether a Republican or a Democrat happened to be president. --  At least the robber barons of old built railroads and steel mills, whereas Goldman Sachs makes its money placing bets on people losing their homes."

Jeremy Grantham: Playing with Fire (A Possible Race to the Old Highs)
Special Note - (to read click "full screen" at the top) -- A quote...."It’s spring, and this spring a young man’s fancy lightly turns to thoughts of speculation. The Fed’s promises look good and, as long as you’re not a small business, you can borrow to invest or speculate at no cost. The market has had a near record rally, sprinting far past our estimated fair value of 875 for the S&P 500. Bernanke is, in fact, begging us to speculate, and is being mean only to conservative investors like pensioners who cannot make a penny on their cash. Collectively, we forego hundreds of billions of potential interest, but at least we can feel noble because we are helping to restore the financial health of the banks and bankers, who under these conditions could not fail to make a fortune even if brain dead."

Is America`s Economic Recovery On The Whole Based On A Rotten Sham?
A quote...."Why be furious? A few reasons. -- First of all, because these happy-go-lucky knuckleheads spending strategic default “mad money” like water have the attitudes of fiscal dope fiends. They are likely going to go broke again en masse, or otherwise need bailing out, and someone else will have to pay. AGAIN. -- Second of all, because it’s just damn disgusting that those people who scrimped and saved to own their homes and pay their debts - i.e. the “suckers” who lived by a moral code of personal obligation and free market ethics - have to see such blatant debauchery not just flaunted, but rewarded by the system. It’s a breakdown of ethics and common sense that threatens the future of the country as a whole. -- And third, because even though the banks are the ones eating strategic default losses, they aren’t the ones getting screwed in this deal. TAXPAYERS and SAVERS are the ones getting shafted - people like you and me. (Oh, and your kids too. They’re going to pay out the nose for all this. Big time.)"

Actually the moral degenerates ripping off the country are, as any economist would tell you, acting completely "rational".  They're just doing EXACTLY what Ben Bernanke and his merry band of Bankster Pranksters have told them to do.  In fact, Bernanke, Summers, Paulson and Geithner have arranged it so that anyone NOT acting like a drunken sailor spending his final wages in his last port of call would be considered crazy.  Other than holding a gun to people's heads and screaming SPECULATE and SPEND NOW,  there's really not much else Ben could have done to force them into this sort of behavior.  Or, to put it another way, the fish rots from the head down. - mpg

"Mafianomics": From “Trickle-down Economics” to outright Financial Fraud
A quote...."Today’s version of "Reaganomics” is a much more cancerous form of grotesque greed. Let’s call this disease “Mafianomics”, or an economic policy designed to enrich the richest of the rich, while impoverishing the middle class and the rest of us not so “well connected” to the centers of power. Mafianomics reigns supreme over the planet. Just take a drive in the suburbs of a poor country’s city, like Istanbul, Mexico city, Cape Town, or even in rich ones like perhaps, a major North American one, and you will see tangible signs of it. Huge mansions on sprawling grounds, which are built like medieval castles with turrets (and surveillance cameras on top) surrounded with iron gates and fences and private security detail. These are the garish displays of money made under “Mafianomics”."

Skimming the Skimmers
Some quotes...."April 21 (Bloomberg) — The International Monetary Fund is recommending the Group of 20 nations tax financial institutions’ non-deposit liabilities and the sum of profit and compensation to help pay for future bailouts of the industry."  ---  "Now, let me see–do I have enough fingers and toes to work this one out?–the governments are issuing gigantic amounts of debt to bail out the banks. The banks are making money levering up this debt, so it looks like there’s no more problem in the financial system. So to reduce the debt of governments, we should tax the banks’ balance sheet, which have ballooned as the banks bought government debt with zero-interest financing from the government, and made lots of profits…  Seems a cumbersome way to proceed. Why pay all these people to sit on a trading floor? It would be simpler to have the Treasury and Fed buy government securities back and forth from each other at higher prices each time, booking a profit on the trade at each turn. In a few months, they would have so much profits that they could pay back the whole federal debt!" -- Ohhhhh, why didn't Bernanke think of that!! - mpg

Mega-Banks Which Received Bailouts Slashed Lending More, Gave Higher Bonuses, and Reduced Costs Less Than Banks Which Didn't Get Bailed Out  --  USA Today points out:

Banks that received federal assistance during the financial crisis reduced lending more aggressively and gave bigger pay raises to employees than institutions that didn't get aid, a USA TODAY/American University review found.

Computerized Front Running and Financial Fraud
A quote...."While the SEC is busy investigating Goldman Sachs, it might want to look into another Goldman-dominated fraud: computerized front running using high-frequency trading programs. --  Market commentators are fond of talking about “free market capitalism,” but according to Wall Street commentator Max Keiser,* it is no more.  It has morphed into what his TV co-host Stacy Herbert calls “rigged market capitalism”: all markets today are subject to manipulation for private gain." - *link added

The Value-Added Tax Is Not the Answer
A good point on the VAT tax - mpg -- A quote...."The VAT is essentially a national sales tax, levied in proportion to the goods and services produced and sold. But its delightful concealment comes from the fact that the VAT is levied at each step of the way in the production process: on farmer, manufacturer, jobber and wholesaler, and only slightly on the retailer. -- The difference is that when a consumer pays a 7 percent sales tax on every purchase, his indignation rises and he points the finger of resentment at the politicians in charge of government; but if the 7 percent tax is hidden and paid by every firm rather than just at retail, the inevitably higher prices will be charged, not to the government where it belongs, but to grasping businessmen and avaricious trade unions."

Thursday April 22nd 2010

Insights Into America's Disneyland And Our "Neo-Feudalistic, Gulag Casino Economy" From Mike Krieger
Special Note - A quote...."Mike Krieger, formerly a macro analyst at Bernstein, and currently running his own fund, KAM LP, summarizies the pretend reality we are all caught in now, knowing full well America is set on a crash course with reality at some point, yet sticking our collective heads in the sand, as the collapse will be some time in the "indefinite" future. In the meantime, banks will continue to boost US GDP by peddling "financial innovation" and restructuring advice to countries like Greece... and nothing else."

Gerald Celente on Gary Null 20 April 2010
Audio Interview - (GCYuTb - 1h22m5s - April 21, 2010) -- A quote...."geraldcelente -- April 21, 2010 -- Gerald Celente on Gary Null 20 April 2010 more details at http://geraldcelentechannel... -- Gerald Celente in one really, really angry interview.....by the way, they're NOT "elites", they are in fact parasites.  Think maggots, tape worms, leeches, ticks, chiggers....that sort of thing. - mpg
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Tony Blair stands accused - Article also posted at ICH
A quote...."IT IS distressing to note that former British Prime Minister Tony Blair has been invited to Malaysia as an honoured guest of an NGO when he stands accused of war crimes and crimes against humanity by many learned and independent scholars of international law."

Taleban defectors 'are rejoining insurgency'
A quote...."Almost a quarter of the low-ranking Taleban commanders lured out of the insurgency in southern Afghanistan have rejoined the fight because of broken government promises and paltry rewards, a scathing report on reintegration claims." - also posted at Uruknet

U.S. military suffers major defeat in Korengal Valley, forced to retreat
A quote...."The U.S. military has retreated from a base in the remote Korengal Valley, Afghanistan, after spending over  four years trying to hold the ground. The U.S. forces even negotiated the terms of their defeat, paying the resistance fighters and leaving them the base fully intact with buildings, fuel, generators and military equipment, in order to be allowed a peaceful retreat out of the valley." - also posted at Uruknet

Memo to America: Stop Murdering My People
A quote...."Amid increasing civilian deaths and resurgent warlordism, Afghan women's leader Malalai Joya writes that Hamid Karzai and the U.S. are losing credibility in Afghanistan day by day."
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Demonizing Iran: US Media Continue Beating War Drums
War Presstitute Alert - Special Note - A quote...."Just yesterday, the New York Times, had a lead story about Israeli planning to possibly “go it alone” in an attack on Iran if the US were not to “succeed” in its diplomatic efforts to get Iran to “stop” it’s alleged attempts to develop a nuclear weapon capability. -- Aside from the fact that there is no hard evidence that Iran is trying to make a nuclear bomb or even to refine uranium to obtain nuclear-grade material, the paper ignored one crucial point: Israel cannot “go it alone” in any strike on Iran, since its key weapons – F15 and F-16 fighter-bombers – are supplied to it, and kept flying, thanks to the equipment and spare parts provided by the United States. Indeed the entire Israeli military machine is largely financed and armed by the US."

Pentagon Repudiates Undersecretary -- Attack on Iran Always an Option
Why doesn't the DoD just start flying the Israeli flag and have all its people wear Israeli uniforms, or at least start wearing some dresses, fish net stockings and some lip stick (J Edgar Hoover did) it would be a heck of a lot more honest than all this silly pretense.  They don't work for the "American" people, they work for AIPAC or the mass-infotainment complex which caters to AIPAC - mpg -- A quote...."Pentagon spokesman Geoff Morrell quickly repudiated comments from one of the Defense Department’s undersecretaries today, insisting that attack Iran at any time is “always an option.” -- For more on this issue see also....A Fist Full of Dollars - 10-02-09 - mpg

Goldman’s White House connections raise eyebrows
Oh look, Obama not only works for AIPAC, he works for Goldman Sachs too....or are they one and the same??  It's all just so confusing.....mpg -- A quote...."WASHINGTON — While Goldman Sachs’ lawyers negotiated with the Securities and Exchange Commission over potentially explosive civil fraud charges, Goldman’s chief executive visited the White House at least four times. -- White House logs show that Chief Executive Lloyd Blankfein traveled to Washington for at least two events with President Barack Obama, whose 2008 presidential campaign received $994,795 in donations from Goldman’s political action committee, its employees and their relatives. He also met twice with Obama’s top economic adviser, Larry Summers." - bold by website editor

List of names of 125 Israeli spies picked up 9/11
Database - From the history file - Monday, March 17, 2008 -- A quote...."“Jerusalem Mayor Ehud Olmert interceded twice with his good friend New York Mayor Rudolph Giuliani to have the 9/11 Israelis released” -- (These were the 5 Israelis dressed as Arabs on the top of a building by the World Trade Centers and Building #7 taking camcorder pictures of themselves cheering and jumping up and down with joy as the planes hit the buildings. They all had hand held radios and were most likely the one’s that set off the explosives “that imploded all three buildings in their own footsteps”. After being held for five days in jail the five were quietly sent back to Israel.)"

The IRD's Attack on My ''Silly'' 9/11 Theories
A quote...."A right-wing neocon organization called the Institute on Religion and Democracy (IRD)1  -- which devotes itself to attacking religiously and socially progressive churches while supporting US imperial policies (going back to the Nicaraguan Contras funded illegally by the Reagan administration2  ) -- has recently put out a press release attacking my next book, which is scheduled to be published this coming fall."

Why Were CIA Interrogation Tapes Destroyed?
A quote...."The case of the missing 92 CIA interrogation tapes would be a good subject for a modern day Agatha Christie mystery. Someone at the CIA decided the tapes had to be destroyed — even at the risk of an obstruction of justice charge — but no one's confessing. By now John Durham, the assistant U.S. attorney investigating the tapes' destruction, must be scratching his head wondering if everyone at the CIA was complicit." -- For more on this issue see....9/11-Iraq-Torture Fables

Colleague Disputes Case Against Anthrax Suspect
A quote...."WASHINGTON — A former Army microbiologist who worked for years with Bruce E. Ivins, whom the F.B.I. has blamed for the anthrax letter attacks that killed five people in 2001, told a National Academy of Sciences panel on Thursday that he believed it was impossible that the deadly spores had been produced undetected in Dr. Ivins’s laboratory, as the F.B.I. asserts." -- For more on this issue see....US-False Flag Ops - Bruce Ivins
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IRGC unveils native vessel in PG drills - More Iran "getting ready". - mpg
A quote...."Iran's Islamic Revolution Guards Corps (IRGC) has unveiled a native sonar-evading vessel dubbed Ya Mahdi  in the initial phase of a new Persian Gulf military drill."

Talk of fuel sanctions a 'joke': Iran oil minister
A quote...."Plans by world powers to choke off fuel supplies to gasoline-thirsty Iran is a "joke," Iranian oil minister Masoud Mirkazemi said on Thursday. -- "This talk of imposing sanctions on gasoline has become a joke," Mirkazemi told reporters on the sidelines of Iran's annual international oil exhibition being held in Tehran."

US Admits Growing Doubts on Lebanon-Syria Scuds Allegations
This possible retraction could only mean somebody got their hot little hands on some documents proving this was all just another AIPAC propaganda effort - mpg -- A quote...."The threats against Syria over their alleged transfer of Scud missiles to Hezbollah continued fast and furious, but US officials are conceding tonight that they have growing doubts about the claim. -- “We don’t think Scuds of any shape or size have been moved to Lebanon,” noted one official. The US has been publicly lashing Syria about the transfers all week, despite lacking evidence to support them."

Ukraine's top court upholds extended [25 years] lease for Russian Navy base
A quote...."Ukraine's Constitutional Court has ruled that the extension of Russia's lease on a naval base in Crimea conforms to the country's Constitution, Foreign Minister Kostyantyn Hryshchenko said on Thursday. -- The lease agreement, signed on Wednesday, extends Russian naval presence in the port of Sevastopol for 25 years after the current lease expires in 2017, and may be further extended by another five years."

Russia rejects ex-Kyrgyz head claim
A quote...."Russia has rejected an apparent attempt by Kurmanbek Bakiyev, Kyrgyzstan's ousted leader, to retract his resignation from office. -- Sergei Lavrov, the Russian foreign minister, said during a news conference on Thursday that Bakiyev is not the president of Kyrgyzstan, despite his claims to the contrary." - also posted at WarInIraq

Guest Post: Nazarbayev’s Successful Diplomacy In Kyrgyzstan Signals Deeper Strategic Shifts
A quote...."The recent crisis and instability in Kyrgyzstan, highlighted the fragility of security and the potential weakness of the political systems throughout the region and exposed new dimensions in the conduct of Kazakhstan’s foreign policy that may well prove pivotal for US energy interests in the Caspian Sea region.  These complexities, often disguised or downplayed by the national governments in the region, attest to the deep political fault lines running through Eurasia as well as the potential for events in one state to ignite potential cross-border discontent and instability elsewhere."

China military paper spells out N-arms stance
Official Position Document - A quote...."Retired People’s Liberation Army Major General Xu Guangyu said in the newspaper commentary that China wanted a minimal nuclear deterrent and would avoid any arms race. “China resolutely adheres to a defensive nuclear strategy, and has always adhered to a policy that it will never be the first to use nuclear weapons at any time and under any circumstances,” wrote Xu, now a researcher in the state-run China Arms Control and Disarmament Association. “The most basic feature of China’s nuclear strategy, in a nutshell, is to be a deterrent but present no threat.” The commentary does not suggest China is rethinking its nuclear doctrine, but spells out in uncommonly sharp terms Beijing’s rationale for upgrading its atomic forces."

Download The Films Below @ Dprogramfilms.net (90 of 109 Available) BURN EM!!! SHARE EM!!
Downloads Available - TONS of downloads folks, courtesy of DProgram, enjoy. - mpg
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More On The Palestinian Situation....

Gaza: watching the invasion unfold
Contains Video - Alt - Photo Gallery - Special Note - A quote...."It was an early morning, farmers relieved to have harvested the 6 dunam (1 dunam is roughly 1000 square metres) field of lentils planted 5 months ago in Al Faraheen borderlands.  The village, east of Khan Younis, includes land cut off to farmers by the Israeli-imposed "buffer zone".  That technically 300 metre no-go zone stretching south to north along Gaza’s border with Israel actually extends far beyond the few hundred metres, up to 2 km in some areas where Palestinian civilians have been shot, injured or killed, by Israeli soldiers while on their land."

Bulldozers return to destroy children’s playground in Beit Jala. Six activists arrested
A quote...."Israeli bulldozers today destroyed a garden and children’s playground in Beit Jala, and 100 fruit and olive trees in Al Walaja, both in the Bethlehem district, to make way for the continued construction of their illegal apartheid wall. Soldiers present used violent force to remove Palestinian, Israeli and international activists who attempted to prevent the destruction. Two Israelis were arrested immediately, and six internationals were later arrested."

IOF soldiers force Palestinian child to drink sewage water
A quote...."AL-KHALIL, (PIC)-- Israeli occupation forces (IOF) beat up a Palestinian child in Al-Khalil district after arresting him for alleged involvement in throwing stones at them then forced him to drink sewage water." -- also posted at Uruknet

Palestinians deported to Gaza
A quote...."Two Palestinians have been deported to the Gaza Strip from Israel, raising fears that more expulsions could follow under a controversial new Israeli military order." -- also posted at Uruknet

Checkpoints
A quote...."The right to freedom of movement provides that people are entitled to move freely within the borders of the state, to leave any country and to return to their country.” -- Article 13 of the Universal Declaration of Human Rights and article 12 of the International Covenant on Civil and Political Rights. December 10th, 1948"

Israel meets U.S. envoy by reiterating housing plans
A quote...."Israeli Prime Minister Benjamin Netanyahu reiterated that his country would not abandon its plans to build homes for Jews in disputed [It's NOT DISPUTED, under international LAW it's STILL considered occupied territory, (one would have expected better from Novisti - mpg] East Jerusalem during a visit of U.S. mediator George Mitchell. -- On Friday Mitchell will meet with Netanyahu in Jerusalem and PNA leaders in Ramallah in a bid to restart the Israeli-Palestinian dialog, which stalled more than a year ago. Settlement construction in the West Bank and East Jerusalem, both occupied by Israel since the 1967 Arab-Israeli War, has been the main obstacle to reviving peace negotiations."
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Bankers Prepare To Assault Americans With VAT, Transaction Taxes
A quote...."The global banking elite are preparing to assault Americans with two huge new tax increases as President Obama contradicts the assurances of White House aides and his own campaign trail promise by asserting that a VAT tax is still on the table, as the IMF outlines a new tax on financial transactions that is being hailed as a blow to the banks yet represents another stealth tax on the people."

Richard Koo Says If Banks Marked Commercial Real Estate To Market,It Would "Trigger A Chain Of Bankruptcies" -- A quote...."Richard Koo's latest observations on the US economy are as always, a must read. The critical observation from the Nomura economist explains why the realists and the naive idealists are at greater odds than ever before: the government continues to perpetuate, endorse and legalize accounting fraud in the hope that covering everything up under the rug will rekindle animal spirits. The truth, as Koo points out, is that were the FASB to show the real sad state of affairs, the two core industries in the US - finance and real estate, would be bankrupt." - Which is of course why they're in a full panic "extend and pretend" mode. - mpg

Economist James Galbraith: Economists Should Move into the Background, and "Criminologists to the Forefront
A quote...."According to economist Max Wolff....

"The securitization process worked by "packag(ing), sell(ing), repack(aging) and resell(ing) mortages making what was a small housing bubble, a gigantic (one) and making what became an American financial problem very much a global" one by selling mortgage bundles worldwide "without full disclosure of the lack of underlying assets or risks." -- Buyers accepted them on good faith, failed in their due diligence, and rating agencies were negligent, even criminal, in overvaluing and endorsing junk assets that they knew were high-risk or toxic. "The whole process was corrupt at its core."

'The SEC is a farce' - expert
A quote...."(Fortune) -- With the Securities and Exchange Commission filing charges against Goldman Sachs, arguably Wall Street's most lauded and respected firm, it's tempting to say the agency is targeting corporate titans to get its mojo back."

Are Bank Purchases Of 10 And 30 Year Treasuries Indicative Of Trouble?
Financial Alert - War Alert - A quote...."One of the notable observations in recent Treasury auctions has been the increasing participation by commercial banks in taking down 10 and 30 Year Treasury auctions - traditionally two parts on the curve banks have historically avoided like the plague. We present some observations on why this may be happening as well as some troubling conclusions, both of which indicate trouble, namely that liquidity is and has been the name of the game for the past 13 months, and that commercial banks, or presumably some of the smarter money around, are seeing economic distress ahead." -- Why is this article shown above classified as a "war alert"?  For more on that issue see.....Standard Disclaimer and the Ten Year Cycle

$178 Billion In Gross Treasuries On Deck, $118 Billion In Coupons
A quote...."The wealth transfer continues: another $118 Billion in coupon issuance is coming up, the bulk of which will be bought up by Primary Dealers, repoed back to the Fed, and the resulting cash used to ramp stocks to new all time highs, generating short-term profits for the banks and another year of record bonuses as future US generations will experience the kinds of riots caused by debt mismanagement as Greece does today."

Euro Plunges With Alarming Speed As Stop Losses Kick In, Below Year Lows
A quote...."World markets are beating the victory drums that finally the idiots in America have shut down the algos and everyone else can get back to reality. The first effect: after closing north of 1.33, the euro is now in free fall mode, plunging to 1.3216, slicing through every imaginable stop like butter as the world has said "enough" to the bullshit market action out of the US, which, like a petulant child, refuses to acknowledge anything and everything negative."

Greece Welcomes Its New IMF Overlords With Day Of Rioting And National Strikes
A quote...."What do you do when you are the prime minister of a bankrupt country and your only recourse is to get the Washington D.C.-based IMF to come in and tell you you have to cut wages by about 120% and fire 75% of the country (especially after the same Germans you recently demanded WWII reparations from, mysteriously have decided in the eleventh hour to have their last laugh at your expense).,,,,"

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042210-042810 - links page

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