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Wednesday July 13th 2011 -- To
-- Friday July 22nd 2011
This website editor is on vacation from July 13th 2011 -- to
-- July 22nd 2011. Major articles will be posted to the front
page if possible. In
the meantime enjoy all the websites posted to the left and on the front page, or click on Reficultnia's
Websites and Weblists
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Tuesday July 12th 2011
No posts. - mpg
Monday July 11th 2011
More On The
Domestic Situation....
When
Our Government Has Failed Us Intentionally. It is Our Duty To
Correct The Injustice,or we Perish.
Special Note - A
quote...."There is a perfect example of people taking back the
reigns of power from a government that does not respond to the
citizens. That is the people of Iceland. They experienced so much
economic turmoil at the hands of the robber baron bankers, the
politicians against the will of the people tried to obligate the
people to a debt they did not owe or consent to bailing out. The
people of Iceland fired the government, arrested the bankers or
chased them out. The reestablished a new economic system that is
making the country is prospering like never before. The
government of Iceland sided with the bankers over the people’s
wishes and demands. The people acted and did not wait for the
politicians to act."
The
True Cost of America's Wars
A quote...."During his speech on Afghanistan June 22, President
Obama revealed that "Over the last decade, we have spent a
trillion dollars on war." He knew this was a deceptive
understatement, as did everyone who keeps close watch on the
Bush-Obama wars all these years." -
also posted at AlethoNews
& ICH
Multi-Billion Dollar
Terrorists and the Disappearing Middle Class
A quote...."The US government (White House and Congress) spends
$10 billion dollars a month, or $120 billion a year, to fight an
estimated “50 -75 ‘Al Qaeda types’ in Afghanistan”, according to
the CIA and quoted in the Financial Times of London (6/25 -26/11,
p. 5). During the past 30 months of the Obama presidency,
Washington has spent $300 billion dollars in Afghanistan, which
adds up to $4 billion dollars for each alleged ‘Al Queda type’." -
also posted at AlethoNews
& Hamsayeh
Avoiding
Impunity: The Need to Broaden Torture Prosecutions
A quote...."President Barack Obama declared "nobody's above the
law" in 2009, as Congress contemplated an investigation of torture
authorized by the Bush administration. However, Obama has failed
to honor those words. His Justice Department proclaimed its
intention to grant a free pass to Bush officials and their lawyers
who constructed a regime of torture and abuse. US Attorney General
Eric Holder announced last week that his office will investigate
only two instances of detainee mistreatment. He said the
department "has determined that an expanded criminal investigation
of the remaining matters is not warranted." Holder has granted
impunity to those who authorized, provided legal cover, and
carried out the "remaining matters." -
also posted at ICH
ATF
gunwalking: Who knew, and how high up?
Fast &
Furious File: A quote...."Since our first report in
which ATF agents told us they allowed thousands of weapons to
cross into Mexico, one crucial question has been: Who knew -- how
high up? This week for the first time, President Obama addressed
the controversy. It was in an interview Tuesday evening with the
Spanish language network Univision."
Whistleblower
ATF Agent John Dodson Exposes Deadly "Operation Gunrunner"
Video -
Fast &
Furious File: (YuTb - 7min07sec - Mar 4, 2011) -
Source: NevadaPaleocon
-- A quote...."ATF Senior Special Agent John Dodson says what he
was asked to do was beyond belief. An Alcohol, Tobacco and
Firearms senior agent assigned to the Phoenix office in 2010,
Dodson's job is to stop gun trafficking across the border.
Instead, he says he was ordered to sit by and watch it happen...."
Congressman
says unlikely Holder did not know about Operation Fast and
Furious
Fast &
Furious File: A quote...."Mexican authorities want
to prosecute officials responsible for program. [
PLEASE DO SO!! - mpg] --
Lawmakers from both houses, investigating Operation Fast and
Furious, fired off a terse and angry letter to Attorney General
Eric Holder, accusing him of issuing "false denials" and
"distorting the truth."
Holder
Lied: DOJ News Release Shows Obama Admin Approved ATF Mexico
Weapons Smuggling
Fast &
Furious File: A quote...."Eric Holder gave
false info. to a Congressional Committee last May about ATF
operations tied to the deaths of two U.S. Agents; we have the
proof."
Police
State – 07-10-11
A round-up of todays police
state news from DProgram. - mpg
Guest
Post: Does The US Government Want To Prevent You From Leaving?
A quote...."Can you imagine being trapped inside your home
country, unable to leave? It may be closer to a reality than you
realize. I’ll tell you a quick story to explain." -
also posted at ZeroHedge
Co-Chair
of 9/11 Inquiry: American Government Covered Up State Assistance
to Hijackers
Special Note - A
quote....""It's front page news today
that...."
"Journalists at Rupert Murdoch’s
now-shuttered News of the World paper tried to access the mobile
phones of 9/11 victims, a former New York City police officer
claimed on Monday."
"It's also front page news today that the new Secretary of Defense
- Leon Panetta -
said
that American soldiers are in Iraq
because of 9/11, even though AFP notes...."
"That was one of the
justifications for the 2003 US-led invasion, but the argument
has since been widely dismissed. -- (see
this
for details)."
"But a more important story - and one which might focus on a more
appropriate country -- country than Iraq - is that the co-chair of
the Congressional Joint 9/11 Inquiry (Bob Graham) today alleged a
cover up by the U.S. government of state assistance by Saudi
Arabia to the 9/11 hijackers" -
Topix
||
Reficultnias's
9/11 Central ||
Inside
Job: More Proof of 9/11 Duplicity
Special Note - A
quote....."These are the first plane crashes in its history that
have not been investigated by the NTSB. An FBI official, when
asked why not, replied, “It wasn’t necessary because we saw them
on television.” But we did not see what happened at the Pentagon
or in Shanksville “on television”—and what we have seen on TV does
not look right. -- We have no videos of the crash of Flight 93 in
Shanksville and only the five frames from the Pentagon of Flight
77. We have familiar footage of Flight 175 hitting the South Tower
and less familiar footage of Flight 11 impacting with the North
Tower. Since it was not broadcast that day, that footage raises
interesting questions about George W. Bush’s public remarks that,
when he watched the plane hit the North Tower, he thought to
himself, “There’s one terrible pilot!” -
Topix ||
Reficultnias's
9/11 Central ||
British
Police Intelligence Analyst Tony Farrell: 9/11 And 7/7 Are Acts
of Internal Tyranny
Contains Video -
Part1
-
Part2
-
Part3
-
(Note: size window for best viewing)
-- A quote...."Tony Farrell served as a high-level intelligent
analyst for South Yorkshire Police in Britain from 1998 to July
2010. In the days preceding the fifth anniversary of the 7/7
bombings Farrell discovered that the 9/11 attacks and the 7/7
attacks were acts of state terrorism by the secret intelligence
agencies of the United States, Israel, and England, not acts of
Islamic terrorism by non-state terrorist organizations." -
also posted at PrisonPlanet
-
Topix ||
Reficultnias's
9/11 Central ||
Broadcasting
LIVE on Justin.tv - July 11 2011
MRVideo -
Note:
To
avoid
the
advertisements
and
the
radio
commentary
goto
-
8min20sec -
into the broadcast - mpg - (JustInTV - 2hrs - July 11th,
2011) -
Source: MichaelRiveroTV-Vids
--
Michael Rivero discusses the
ongoing crimes of empire and many other issues.
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More On The
International Situation....
UK
Torture Inquiry Boycotted by Lawyers, As David Cameron Fails
Again to Demonstrate an Interest in Justice
A quote...."As a result of pandering to the Americans’ wishes, the
terms of reference are "so restrictive," as the Guardian described
it, that JUSTICE, the UK section of the International Commission
of Jurists, warned that the inquiry "was likely to fail to comply
with UK and international laws governing investigations into
torture." Eric Metcalfe, JUSTICE’s director of human rights
policy, said that the rules "mean that the inquiry is unlikely to
get to the truth behind the allegations and, even if it does, we
may never know for sure. However diligent and committed Sir Peter
and his team may be, the government has given itself the final
word on what can be made public."
The
Mousetrap (Part I) -
(Part
II)
A quote...."The coming December will mark the completion of two
decades of the post-Soviet era.The anniversary of the destruction
of the Soviet Union – the world's second superpower – is an
appropriate moment to venture an integral assessment of the
tectonic geopolitical shift which left the international community
sinking into chaos and facing an increasingly dim outlook…"
2nd US drone
strike kills 18 in Pakistan
A quote...."At least 18 people have been killed in a second US
drone attack on Tuesday in Pakistan's northwest tribal region of
North Waziristan, bringing to 25 the number of fatalities in the
two unauthorized strikes in a single day." -
Related ||
New US drone
attack kills 7 in Pakistan ||
Keep
your money, Pakistan's military tells US
Related Article - A quote...."ISLAMABAD: The Pakistan military
declared it did not need US military aid after the White House
confirmed that it would withhold $US800 million ($744 million) in
assistance to the country's armed forces."
[Pakistan's]
Brig Imtiaz says CIA sponsored campaign against [Pakistan] Army,
ISI
Related Article - A quote....."ISLAMABAD: The CIA sponsored
unabated media campaign smacks of maliciousness and absurdity and
is meant to target Pakistan’s state organs, particularly the
leadership of the military and Inter Services Intelligence (ISI),
former Chief of Intelligence Bureau Brig (R) Imtiaz Ahmed has
said." --
Ouch! Obviously
some people in Pakistan are gettng really pissed off. - mpg
Pakistan
Moves Toward China, Rebuked Washington’s Antagonism
Related Article - A quote...."....Pakistan is slowly shifting
towards China as its main high-tech weapons supplier instead of
the US. While Washington has been courting India for the past few
years, Pakistan in turn sees strategic advantages for enhanced
relations with Beijing."
Rockets
hit Baghdad Green Zone as Panetta visits
A quote...."BAGHDAD — Three rockets slammed into Baghdad's
heavily-fortified Green Zone on Monday, wounding a woman and her
children, officials said, as US Defence Secretary Leon Panetta
began the second day of a visit to press Iraqi leaders on
security."
Afghans hold
anti-US demonstration
A quote...."Hundreds of people have taken to the streets of
Afghanistan's eastern city of Jalalabad to protest the US
occupation as well as Pakistan's cross-border attacks."
State
Dept Official: No Evidence Iran Arming Iraqi Militias
Lying Shill Exposed - A
quote...."Speaking today at a press conference in Irbil, US State
Department official Thomas Nides reiterated claims by the Obama
Administration that Iran is secretly arming Shi’ite militias,
saying “the US is well aware of Tehran’s financial assistance with
US foes.” -- Incredibly, however, when pressed on the matter by a
journalist from Iran’s
Fars News
Agency (FNA), Nides conceded that the US has absolutely no
evidence or proof with which to back up these allegations."
'Iraqi
Kurdistan host PJAK terrorists'
A quote...."A senior Iranian military official has criticized
Iraq's semi-autonomous Kurdistan Regional Government (KRG) for
providing shelter to the anti-Iran terrorist Party of Free Life of
Kurdistan (PJAK) in northern Iraq."
Second
Saboteur Strike This Month on Egypt-Israel Pipeline
A quote...."12.07.11 - 11:12 -- Cairo – PNN – For the second
time this month and the fourth time in 2011 saboteurs have blown
up a gas pipeline supplying gas from Egypt to Israel."
China’s
‘eye-in-the-sky’ nears par with US
A quote...."Chinese reconnaissance satellites can now monitor
targets for up to six hours a day, the World Security Institute, a
Washington think-tank, has concluded in a new report. The People’s
Liberation Army, which could only manage three hours of daily
coverage just 18 months ago, is now nearly on a par with the US
military in its ability to monitor fixed targets, according to the
findings."
China
aims high with space program ambitions
A quote...."As the U.S. winds down its space shuttle program, and
with the International Space Station set to shut down in 2020,
eyes are turning to China and its ambitious yet mysterious plans
for the final frontier. -- There is perhaps nowhere the country
wants to challenge the world more than high above it. The first
spacewalk by "taikonauts," as astronauts are known in China,
marked a moment of national glory in 2008. And the country has big
plans for the future: a lunar rover in 2013, a moonwalk sometime
after 2020, and the first building block for a space station, to
be completed next decade, will be launched later this year."
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The Assault
On Libya....
France
Says NATO Bombing Has Failed -
WOW!!
Special Note - A
quote...."On Sunday July 10, France seemingly allied itself with
Russia and China in calling on NATO to immediately stop its
counterproductive and counterintuitive bombing, as more countries
witness public demonstrations against NATO’s actions in
Libya. French Defense Minister Gerard Longuet said in Paris
that military action in Libya must end and Colonel Gaddafi be
welcomed around the negotiating table. Continual bombing of the
country is not working, and diplomacy is the only solution - even
if Gaddafi retains limited power, In an apparent U-turn in policy,
Mr Longuet said Gaddafi could remain in Libya ‘in another
room of the palace, with another title.’" -
also posted at AlethoNews
& ICH
France
urges Libyan rebels to negotiate with Qaddafi
A quote....""We have asked them to speak to each other," he
[Gerard Longuet] said on the French television station BFM-TV.
"The position of the TNC is very far from other positions. Now,
there will be a need to sit around a table."
Celebrating
peace! Libyans dancing in the streets
Related Article - A quote...."Pravda.Ru sources inside Libya have
confirmed that the people of Tripoli are dancing in the streets in
joy, celebrating a great victory, because NATO has ceased its
bombing campaign. Sources in Libya state that negotiations are
ongoing with France and meanwhile there has been a cessation of
hostilities."
Eye
Witness Account From Libya
Video -
Alt -
(YuTb - 6min47sec - Jul 10, 2011) -
Source: TheLibyaSOS
-- A quote...."Please shre this video, download, put on your
blogs, feel free to use this metrail ... send to western
taxpayers....translate ... TELL THE TRUTH ABOUT LIBYA... One
of the motives for the war against Libya is to stop the
development of the black continent, to enable the setting up of an
AfriCom military base in Cyrenaica and to begin the colonial
exploitation of Africa for the benefit of the United States. In
order to understand this hidden agenda, Voltaire Network
interviewed Mohamed Siala, Co-operation Minister and Manager of
Libya's sovereign wealth fund."
The
People of Libya Are Defending Libya
Contains Video -
Alt -
(prev. posted) -- A
quote...."Mahdi Darius Nazemroaya of Global Research is on the
ground in Tripoli explaining what is actually happening there. He
says that for the most part, it’s the people of Libya who are
defending Libya from the so-called “rebels” and that these rebels
are actually mercs mainly from other countries. He says that
families and average citizens have asked for and been given
weapons by the Libyan government in order to defend themselves
from these NATO backed mercenaries and the eventual ground
invasion that is sure to start at any time. The illusion of the
“humanitarian intervention” has long since faded and what we are
left with is just yet another globalist naked aggression directed
against a people and their system of government; a system of
government that the globalist want to see wiped out."
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More on the
World Wide Revolution...
Is Goldman
responsible for Greek crisis?
RTVideo -
From the History
File -
Feb 11,
2010 - (RTYuTb - 4min48sec - 02/11/10) -
Source: RussiaToday
-- A quote...."Goldman Sachs tricky derivatives trades may have
masked the Greek debt just long enough to hurt all of us again.
Goldman Sachs made up an exchange rate that allowed the Greeks to
look as though they were only engaging in a currency swap when, in
effect, they were getting more than a billion more than they
should have from the trades in credit. Its likely that Goldman
made a killing on the commissions for the swaps, and then sold the
swaps to a Greek bank for even higher profits."
Irish
delegation to visit Bahrain
A quote...."An Irish delegation plans to visit the Bahraini
capital Manama to attempt to determine the fate of 47 doctors and
nurses arrested during the anti-government protests in the Persian
Gulf state." -
Source:
PressTV
Moscow
Confronts US-NATO on Syria. West's Unilateral Pressure On Syria
is Inadmissable
A quote...."MOSCOW: Foreign Minister Sergei Lavrov considers
inadmissible the situation when the West puts pressure only on the
Syrian authorities in order to normalise the climate in the
country. -- “The position of our Western partners is that they
insist on putting pressure on one side – the government and the
president,” Lavrov said in an interview with Rossiya 24 Channel on
Thursday."
Syrian
Activists Say... Perception of Syrian conflict defined by
baseless "activist" statements.
A quote...."Bangkok, Thailand July 10, 2011 - According to
Fortune 500/Soros-funded
Human Rights Watch whose sponsors represent a corportocracy that
has been attempting to
breakdown
and despoil Syria for decades, anonymous Syrian soldiers who
defected and are now living abroad
have
"claimed" that they were ordered to "shoot to kill."
According to the Qatari propagandists at state-owned Al Jazeera,
one of the "interviewees" told HRW that their "superiors had told
them that they were fighting infiltrators, salafists, and
terrorists, but were surprised to encounter unarmed protesters
instead."
Mobs
storm US, French embassies in Syria
A quote...."DAMASCUS (AFP) - Angry mobs stormed the American and
French embassies in Syria on Monday, after the two Western envoys
visited the city of Hama, a flashpoint for protests against
President Bashar al-Assad's regime."
========= ========== ========== ========== ========== ==========
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More Tales
From the Zio-Sphere....
Ten Israeli
aircraft enter Lebanon
War Provocation - A
quote...."Ten Israeli military aircraft have once again penetrated
Lebanese airspace and flown over parts of the country in blatant
violation of a UN Security Council resolution."
Extending
the House of Freedom — From the Middle East to the former Soviet
Union
A quote...."Not content with having helped in no small way in
bringing “freedom” to much of the Arab world during the
“revolutionary” spring of 2011, Freedom House is now setting its
sights on what it sees as another “Outpost of Tyranny” — the
former Soviet Union. In a Foreign Policy op-ed piece, its
president David J. Kramer and director of studies Christopher
Walker argue:" -
also posted at
AlethoNews
Zionism
And The Birth Of Modern Terrorism
Video -
From the History
File -
Jan 9,
2009 - (YuTb - 8min56sec - 01/09/09) -
Source: animations4you
-- A quote...."This clip is from episode one of a British-made
documentary from 2002 titled ‘The Age Of Terror’, and examines the
bombing of the King David Hotel in Jerusalem on 22nd July 1946 by
Zionists, in which the south wing of the hotel, then occupied by
British civil-military authorities, was bombed killing ninety-one
people. Twenty-eight of the victims were British, forty-one
Arabic, while seventeen were Jewish."
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Flotilla
(& Flytilla) News....
‘Flytilla’
Debacle Another PR Nightmare For Israel
A quote...."BEN GURION AIRPORT, Tel Aviv, – Confused foreign
tourists arriving at Israel’s Ben Gurion International Airport on
Friday would be forgiven for thinking that a terrorist attack was
about to take place."
Freedom
Flotilla Update: Tahrir Pulls Out; Two Ships Defiantly Remain
A quote...."Athens - PNN - The Canadian ship the Tahrir pulled out
of the Gaza Freedom Flotilla Two over the weekend, as only French
ship the Dignity El Karameh and the Swedish-Norwegian-Greek ship
Juliano remain to break the blockade of Gaza."
========= ========== ========== ========== ========== ==========
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More On The
Palestinian Situation....
Ministry for
Foreign Affairs of Iceland
Action Alert - A
quote...."By now the Megaphones are mounting a massive email
campaign against Ossur Skarphedinsson, the Icelandic foreign
minister who visited Palestine, is supporting the call for
Palestinian statehood, and had his diplomatic car blocked by large
rocks placed in his way by the IDF. So, when you get a moment,
send
Ossur Skarphedinsson an email of support so that he
does not think the entire world is made up of selfish pricks." --
*
Michael Rivero*
Israeli
soldiers blocked Icelandic FM’s car with rocks
Related Article - A quote...."Ossur Skarphedinsson, Icelandic
Minister for Foreign Affairs, and his entourage had their trip to
Gaza interrupted yesterday when Israeli soldiers obstructed the
path of their cars with large rocks."
Settler
[Deranged, Homeless, Jewish Thug] runs down boy, others
vandalize farmlands in tense West Bank
A quote...."BETHLEHEM– A
[deranged]
Jewish
[homeless thug]
settler ran
down and seriously injured a 6-year-old Palestinian boy on Sunday
south of Bethlehem, while other
[deranged
Jewish homeless thugs] settlers vandalized farmland in Safa
village near Beit Ummar in northern Al-Khalil province on
Sunday."-
also posted at
PIC
Israeli
Authorities Uproot, Confiscate 450 Olive Trees in Salfit
A quote...."SALFIT, July 11, 2011 (WAFA) – Israeli authorities
Monday uprooted and confiscated 450 olive trees in Wadi Qana, an
area west of Deir Estia near Salfit in the northern West Bank,
according to Nazmi Salman, mayor of Deir Estia." -
also posted at AlethoNews
Israeli
Municipality of Jerusalem Hands Demolition Order to Elderly
Palestinian Woman in Jerusalem
A quote...."JERUSALEM, July 10, 2011 (WAFA)- The Israeli
municipality of Jerusalem Sunday handed an elderly Palestinian
woman, Khadija Abdul Razeq, 67, a demolition order of her house,
where she lives with 10 of her children and grandchildren, under
the pretext of ‘building without a license’, according to
witnesses."
Israeli
court extends detention of Hamas MP for six months
A quote...."OCCUPIED JERUSALEM, (PIC)-- An Israeli military court
on Sunday extended the detention of Hamas MP and former finance
minister Dr. Omar Abdel Razek for six months for the second time
running."
Last witness
testifies in Rachel Corrie case; family says Israel suppressed
evidence
A quote...."The last witness testified Sunday in an Israeli court
case seeking justice for slain peace activist Rachel Corrie. Col.
Pinhas (Pinky) Zuaretz claimed that Rachel's death was her own
fault for "running towards the fire"."
========== ========== ========== ========== ========== ==========
========== ====
More on Japan's & Amerika's Nuclear Power Plants....
High
levels of radiation detected in Northwest rainwater
Radiation Alert
- A quote...."In the days following the earthquake and tsunami in
Japan, the U.S. began monitoring radiation from Japan's leaking
nuclear power plants. -- Most of the public attention went to the
air monitoring which showed little or no radiation coming our way.
But things were different on the rain water side. -- "The level
that was detected on March 24 was 41 times the drinking water
standard," said Gerry Pollet from Heart of America Northwest. He
reviewed Iodine 131 numbers released by the Environmental
Protection Agency last spring."
Radiation
data from Seattle-area survey may be withheld by Feds for
["]national security["] purposes
And the cover-up
continues....mpg - A quote...." A
helicopter flying over some urban areas of King and Pierce
counties will gather radiological readings July 11-28, 2011. The
U.S. Department of Energy’s Remote Sensing Laboratory Aerial
Measurement System will collect baseline levels of radioactive
materials. [...]" --- "Some of the data may be withheld for
national security purposes. [...]"
Radiation
News 06-10-11 - A DProgram Round-Up -
(7 articles)
========= ========== ========== ========== ========== ==========
========== ====
More On The
Economic Situation...
The
Big Banks Are Waging Warfare Against the People of the World
Contains Videos -
KeiserReport(E162)
(prev. posted) & GreeceDressRehearsal4US
-- A quote..."Michael Hudson is a highly-regarded economist. He is
a Distinguished Research Professor at the University of Missouri,
Kansas City, who has advised the U.S., Canadian, Mexican and
Latvian governments as well as the United Nations Institute for
Training and Research. He is a former Wall Street economist at
Chase Manhattan Bank who also helped establish the world’s first
sovereign debt fund. -- Hudson says...."
- The European debt crisis is really financial warfare by the
banks
- Indeed, the banks are in warfare against the rest of society
- What's going on in Greece is exactly what's going to happen
in America in a couple of weeks.
- The big banks are forcing their bad debts on government
- They are also forcing governments to sell off national
assets so the banks can install a "neo-feudalism":
Reserve Bank
of Zimbabwe
A quote...."When I expressed my opinion that the US Government
ought to invoke its constitutional authority to issue money rather
than go further into debt to the privately-owned Federal Reserve,
I was flooded with denunciations (by the Fed's PR shills I
suspect) screaming that government issuing its own money would
bring doom and disaster for us all (like the IMF and Federal
Reserve have not?) and holding up the terrible inflation of
Wiemar, Germany and Zimbabwe as examples. But, as this article
shows, Zimbabwe has a privately-owned central reserve bank issuing
money as debt quite similar to the Federal Reserve, and of course,
a private central bank and debt-based currency was imposed on
Germany after WWI by the treaty of Versailles. It was only after
Hitler started issuing a government currency based on units of
value that the "German Miracle" occurred and turned the German
economy around." -- *
Michae
Rivero*
The
Biggest Fed Money Pump Since Lehman Went Under...
Financial Alert - A
quote...."… happened on the week of June 27 2011. If you’re
looking for a reason that stocks have been ramped so much higher
in the last two weeks. This is it. -- Indeed, for the week
ended June 27, the Fed flooded the financial system with $76
BILLION in liquidity. Bill King of the King Report puts that
number into perspective noting that it’s BIGGEST increase since
September 22, 2008 right after Lehman Brothers collapsed."
Ten
Years, Ten Increases In The Debt Ceiling
Charts
MERS
and Fannie Mae sue Short Sale Seller and Buyer
Isn't MERS defunct?? -
mpg -- A quote...."OMG! Just when you think you've seen it all,
along comes a new horror story that makes the thought of doing
short sales even more disgusting than before!! "
Obama
toes Wall Street line in debt talks -
Naturally, he's simply doing what
he's paid to do. - mpg
A quote....."In a press conference Monday morning before a new
round of bipartisan talks on raising the federal debt ceiling,
President Barack Obama embraced the demand of the most powerful
financial interests that domestic social spending be slashed
dramatically, declaring the deficit, not mass unemployment, to be
the central US economic problem."
Top
Retail Analyst: "I Think What’s Going On ... Is That We Are In A
Depression For 80 Percent Of Americans"
A quote...."More stores across the U.S. that offer
deeply-discounted products are seeing their sales decline after
years of growth amid America’s “Great Recession” — and one analyst
said on Monday it’s another sign of even deeper downturn."
The
‘Jobless Recovery’ that Never Was
A quote...."During the Great Depression unemployment remained high
even though GDP statistics reflected economic growth. But is it
historically accurate to describe that horrific decade from
1930-40 as a “jobless recovery?” Would individuals who lived
through that period agree? Any such declarations of a “jobless
recovery” during the Great Depression are highly controversial and
ignore that much of the nation remained mired in poverty. "
Spin
This: Cisco To Fire 10,000
Related Article - A quote...."A year after the outgoing secretary
of the treasury top ticked the economy and ushered in QE 2 with
his abysmal NYT op-ed "Welcome to the Recovery" it is only
appropriate that we get news that Cisco is preparing to fire
10,000, or 14% of its entire workforce, over and above the number
of people that the company said was going to be let go in May. "
Mounting
Public Debt. The Looting of Federal Pensions, Social Security
and Medicare
A quote...."Government debt will be in the vicinity of $1.5
trillion this year. Ever since May 16th short-term debt has been
frozen at about $14.3 trillion. Up until May 16th the year-to-debt
fiscal debt was $783.135 billion. That means if no August 2nd
agreement is reach, $275 billion will be needed up to August 2nd,
a total of about $700 billion will be needed by 9/30/11, the end
of the fiscal year. Those funds are to come from federal pensions,
Social Security and Medicare. How will these funds be paid back?
We do not know, but we would guess there could be legislation to
commandeer private pensions, 401Ks and IRAs. On the other hand an
alternative is for the Fed to create $700 billion and buy the
Treasury debt. That alone, with normal funding, could reach over
$2 trillion. That means they would have to create another
additional $850 billion to keep the economy from slipping into a
great dark pit. That means additional net funds that would have to
be created out of thin air of close to $3 trillion. That means
mega inflation 2 to 3 years down the line. In addition the US debt
to GDP should be more than 100% by the end of the fiscal year
9/30/11."
Dow
theory spurns bull market at the altar?
Mrkt Tech Note: A
quote...."Last Thursday, the Dow Theory was all set to kiss the
bull at the altar of a confirmed bullish signal. But, at the last
minute, the Dow Theory got cold feet — with potentially ominous
implications for the overall market. -- The wedding would have
been consummated if both the Dow Jones Industrial Average INDU and
the Dow Jones Transportation Average DJT had closed above
their previous bull-market highs. The Transports succeeded in
doing this on Jul. 1, and as of last Thursday’s close, the
Industrials were within 1% of doing so. -- But then came Friday’s
shocking jobs report, along with stocks’ continued weakness
today."
The
Daily Bail Round-Up - Jul 11, 2011 at 1:16 PM
A round-up of todays business
news from the Daily Bail. - mpg
Economy
07-10-11
A round-up of todays business
news from DProgram. - mpg
An
Explanation Of What Is Really Going On Behind The Scenes As Rome
Burns
Financial Alert - A
quote...."Unable to keep with the events in Europe which are now
literally changing on an hourly basis? Fear not: SocGen's James
Nixon has compiled the most succinct explanation for why we are
where we are, and why things will get much worse, before they get
even remotely better. In a nutshell, everything you know about the
existing proposals is finished: what is currently on the table is
"a wider strategy
which includes
lowering the interest rate on lending to Greece and returning to
the idea of bond buybacks." - bold by website editor -
Too little.....Too late!! - mpg -
Topix ||
A
Quadruple Whammy - 12-16-10 - mpg ||
Bond
Vigilantes Strike; Crisis in Italy Escalates; Portugal 2-Year
Debt Hits 18.36%, Greece 31.34%, Ireland 17.83%; New Record High
Spreads -- A quote...."In response to EU Calls Emergency
Meeting on Italy; Don't Worry "It's a Coordination, Not a Crisis";
Short Sellers Blamed; Junckeritis Spreads I received an
interesting comment from "fedwatcher"
Exclusive:
EU calls emergency meeting as crisis stalks Italy
Financial Alert - A
quote...."(Reuters) - European Council President Herman Van Rompuy
has called an emergency meeting of top officials dealing with the
euro zone debt crisis for Monday morning, reflecting concern that
the crisis could spread to Italy, the region's third largest
economy."
The
worlds largest human experiment: GMOs, Roundup, and the Monsanto
monstrosity – part one
A quote...."Informed consent is one of the most basic aspects of
patient-physician relations, as well as subject-researcher
relations in the case of research studies. This involves making
the patient aware of and verifying that they understand the risks,
benefits, facts, and the future implications of the procedure or
test they are going to be subjected to." -
also posted at IntelHub
Sunday July 10th 2011
No posts. - mpg
Saturday July 9th 2011
More Tales
From the Zio-Sphere....
Stuxnet:
Cyber Warfare by Israel & The U.S.
Video - (YuTb - 13min22sec
- Jul 7, 2011) - Source:
FederalJacktube6
========== ========== ========== ========== ========== ==========
========== ====
More On The
Domestic Situation....
The
Essential Rules Of Liberty
A quote...."July 08, 2011 "Information Clearing House" -- There is
nothing worse in this world than an enslaved man who naively
believes himself free, except, perhaps, trying to explain to that
same man his predicament. You can lay truth after truth before his
feet. You can qualify your every position with cold hard
irrefutable data. You can plead and scream and raise veritable
hell, but before he will ever listen, he must first become aware
of his own dire circumstances. As long as he views himself as
“safe and secure”, as long as he imagines his chains to be wings,
he will see no reason to question the validity of the world around
him, and he will certainly never invest himself into changing his
own deluded destiny."
The
Last Word on Independence – James Corbett
CRVideo -
Alt -
(CRYuTb - 9min25sec - Jul 4, 2011) -
Source: corbettreport
-- A quote...."In the course of human events, nothing has been
more dangerous to the ruling elite than the concept of human
liberty. Not the documents that have encapsulated that idea or
charted its development, not the Magna Carta, not the Declaration
of Independence, not the Emancipation Proclamation, nor any of the
other pieces of paper upon which the idea of liberty has been set
down, but the idea itself."
'Endless war
policy ruined US economy'
Contains Video - A
quote...."The United States' engagement in "endless wars" and
unsustainable social programs are the main cause of the country's
financial crisis, according to a professor at California State
University."
House
Overwhelmingly Approves Record $649 Billion Military Spending
Bill
A quote...."America’s economy is continuing to struggle. With talk
of a “double-dip recession,” massive unemployment and a budget
deficit so large that financial analysts are openly talking about
the US defaulting on its national debt, all spending is subjected
to serious scrutiny." -
Folks,
you vote for Demos or Repubs, you gets what you votes for.
Stop voting for DemoRepubs! - mpg
Imperial
Suicide
Quote of the Day...."Why
didn’t Rome pull back its troops from the Rhine or Anatolia or
North Africa…in order to protect its homeland from the barbarians?
Why didn’t Alexander retire to Macedonia, while he still had
breath? Why didn’t the Germans retreat to the banks of the Oder
when they still had the means to resist the Soviet onslaught? --
Why doesn’t the US bring home its troops, cut its spending,
balance its budget and protect its future? Ha…ha…you know the
answer. Because the system has been taken over by zombies…people
who want to see the spending continue, no matter what the cost.
Zombie wars. Zombie social spending. And zombie finance."
US
government openly admits arming Mexican drug gangs with 30,000
firearms – but why? – Mike Adams
A quote...."(NaturalNews) – It is now a widely-reported fact that
under the Obama administration, U.S. federal agents actively
placed over 30,000 fully-functional weapons into the hands of
Mexican drug gangs, then halted all surveillance and tracking
activities of where those weapons were going." -
also posted at DProgram
Another
Mexico Drug Cartel Leader Arrested, Says Guns Supplied By U.S
Government
A quote...."Another Mexico Drug Cartel Lead Has Been Arrested And
He Says The Cartel’s Guns Have Been Supplied Directly By The U.S
Government, And The CIA Has Infiltrated (AKA RuA leader of another
Mexico Drug Cartel has been arrested and says U.S government
supplied gunsnning) The Columbia Drug Cartels."
Obama
Sells Machine Guns To Drug Dealers While Working Secret Backroom
Deals To Steal Our Guns
A quote...."[Alexander Higgins Editor’s note: I have added
additional comments and links to the authors original story to
highlight more information that readers should be made aware of
such as Obama’s banning of the famous WWII gun, the M1 Garande and
Carbine bolt-action rifles, as well as adding links to pages
containing background information on the US Governments
involvement smuggling guns to drug dealers, aka Operation
Fast and Furious. Specifically those pages contain corporate media
reports of the operations, because many people just refuse to
believe anything thing the corporate media did not report,
and the information revealing the head of a Mexico Drug cartel was
the feds as the point man in their gun smuggling operation."
The
“War On Drugs” Is A $2.5 Trillion Racket: How Big Banks, Private
Military Companies And The Prison Industry Cash In -
DataBase - A quote...."
Amped Status Editor’s Note:
After detailing the “
War
on Terror” racket, many readers emailed asking us to cover
the profiteering that is occurring within the “War on Drugs.” As
we work hard to dig up dirt on all the major problems confronting
us, we have compiled a database of thousands of the most
hard-hitting and informative news reports. So ask and you shall
receive. Here you go." -
also
posted at BLN
There's
No Recovery Because the Government Made it Official Policy Not
to Prosecute Fraud
Special Note - A
quote....""
Fraud
caused the Great Depression and it has caused the current
financial crisis. But fraud is not not being prosecuted, and
so it will occur again and again, and prevent a sustainable
economic recovery. --
Numerous
economists have been saying this for years. As I
pointed
out in March...."
"Nobel prize winning economist George Akerlof has demonstrated
that failure to punish white collar criminals - and instead
bailing them out- creates incentives for more economic crimes
and further destruction of the economy in the future. Indeed,
William Black notes
that we've known of this dynamic for "hundreds of years"
"Now mainstream journalists are starting to catch on."
Debt
Contagion and the Global Economic Collapse – James Corbett
CRVideo -
Alt -
(YuTb - 10min40sec - Jun 26, 2011) -
Source: corbettreport
-- A quote...."(CorbettReport) – World markets experienced
dramatic losses and rebounds last week as investors watched
economic developments in Greece with growing anxiety… "
20
Really Bad Ideas That Are Almost Too Stupid To Believe
A quote...."What in the world is happening to America? It
seems like all we get out of politicians at the federal, state and
local levels is a steady stream of really bad ideas. Even
when our government officials appear to have the best of
intentions things still turn out badly. "What were they
thinking" is a phrase that is being uttered by millions of
Americans on a daily basis. Sadly, instead of focusing on
real problems and real solutions, the mainstream media loves to
focus on the latest scandal. Last month everyone wanted to
talk about Anthony Weiner. This month everyone wants to talk
about Casey Anthony. Next month it will be somebody
else. There is a never ending stream of scandals for the
mainstream media to latch on to, but what is America going to look
like if we do not start addressing our real problems? The
United States has become a cesspool of corruption, greed, debt and
depravity. Everywhere you look there are signs of decline,
and yet all our leaders come up with are more really bad
ideas. Time is running out on this nation, and with each
passing day there seems to be fewer reasons to be optimistic about
the future." -
also posted at
PrisonPlanet
Phone
Hacking, FBI OKC CCTV, Hemingway’s Hell – New World Next Week
Video -
Alt -
(YuTb - 15min02sec - Jul 7, 2011) -
Source: corbettreport
-- A quote...."(NewWorldNewsWeek) – Welcome back to
http://NewWorldNextWeek.com
– the video series from Corbett Report and Media Monarchy that
covers some of the most important developments in alternative news
and open source intelligence. This week:"
Celente:
Congress is made up of soccer mommy’s boys
RTVideo -
Alt -
(RTYuTb - 5min46sec - Jul 7, 2011) -
Source: RTAmerica -- A
quote...."While President Obama is still discussing the issue of
raising the 14.3 trillion dollar debt ceiling with lawmakers,
raising the taxes of wealthy Americans seems not to be an issue.
Instead, more cuts are expected for the social programs targeted
to the poor. This is pretty much the case with Minnesota, where
the government has been shut for more than a week now."
What
Really Happened with Michael Rivero – July 8th, 2011
MRVideo -
Alt -
Note:
To
avoid
the
advertisements
and
the
radio
commentary
goto
-
8min20sec -
into the broadcast - mpg - (JustInTV - 2hrs - July 8th,
2011) -
Source: MichaelRiveroTV-Vids
--
Michael Rivero discusses the
ongoing crimes of empire and many other issues.
========= ========== ========== ========== ========== ==========
========== ====
More On The
International Situation....
Former
top aide to British prime minister arrested in Murdoch hacking
scandal
A quote...."Yesterday morning, Andy Coulson, British Prime
Minister David Cameron’s former director of communications and a
former editor of Rupert Murdoch’s News of the World, was arrested.
He was released on police bail later that day after being
questioned over phone hacking and bribes paid to police officers
by the tabloid newspaper."
NATO’S
“Drang Nach Osten” (Thrust to the east)
A quote...."Since the collapse of the Warsaw Pact, the North
Atlantic Treaty Organization (NATO) has made no secret of its goal
to expand to the east, as well as into North and sub-Saharan
Africa.After the fall of the Berlin Wall and the dissolution of
the Soviet bloc, many observers believed that NATO’s raison d’etre
had ceased to exist and that the collective “defensive”
organization would join the Warsaw Pact in historical oblivion.
However, those Americans, Canadians, and Europeans who believe in
a “new world order,” led politically by the United States in
concert with the European Union and Canada and militarily by NATO,
re-invented NATO as an aggressive military pact with the goal of
enforcing the will of a North American-European “axis” on a
expanded stage far beyond Europe or the North Atlantic."
Iraqis
fail to agree on whether to ask for some U.S. troops to stay
beyond deadline
A quote...."Iraq’s fragile coalition government failed again
Saturday to reach agreement on the formation of a cabinet or on
whether to ask some U.S. forces to remain beyond December —
leaving the Obama administration with an ever-shorter timetable to
complete the withdrawal or manage the political fallout from
staying."
NATO
says Afghan air strike kills women, kids
A quote...."The U.S.-led coalition in Afghanistan said Thursday
that its forces had inadvertently killed an unspecified number of
women and children during a fight with insurgents in eastern
Afghanistan this week, adding that it is also investigating a
separate allegation of civilian casualties in the same region."
UAE sublets air
base to US for drone attacks
Contains Video - A
quote...."From where do these missiles armed US drones fly to
allegedly target militants' hideouts in tribal areas at the
expense of Pakistan's sovereignty?"
US
Caught Off-guard by Iran Sanctions
A quote...."July 08, 2011 "Press TV" -- The decision by Iran's
Parliament (Majlis) to impose sanctions on and indict 26 US
officials who have perpetrated war crimes and violated human
rights has come as a great surprise to the US government that has
always accused independent nations such as Iran of violating human
rights and supporting terrorism." -
Source: PressTV
Iran to send
'Explorer 5' into space
A quote...."Head of Iran's Space Agency (ISA) Hamid Fazeli says
the country will send its domestically-built Kavoshgar 5 explorer
into space in the near future."
Iran
Test Fires Two Long-Range Missiles Into Mouth Of Indian Ocean
Where Two US Aircraft Carriers Are Situated - A
quote...."Today for the first time, Iran's IRNA news agency
reported that the country had fired two missiles with a range of
1,900 km, coupled with TV coverage, into the mouth of the Indian
Ocean. As PressTV reports, "Commander of the Aerospace Division of
Iran's Islamic Revolution Guards Corps (IRGC) Brigadier General
Ali Hajizadeh said that the long-range missiles were fired in the
Iranian calendar month of Bahman (January 21 to February 20). He
said that the missiles, fired from central Iran towards the Indian
Ocean, successfully hit its designated targets, IRNA reported
Saturday. Hajizadeh said that Iran's missiles have a range of up
to 2,000 kilometers, adding that “Iran has the ability to produce
longer-ranged ones (missiles) but presently there is no need to
produce them."
The
game in Syria
A quote...."A game is afoot in Syria, but it’s one that is not as
clear-cut as people might think. -- The United States, European
countries and the Arabs are all involved, but the most striking
development arose this week, when the French and American
ambassadors to Syria journeyed to the city of Hama to show
solidarity with a popular uprising there."
'In
next 10 years India will be a superpower'
RTVideo -
Alt -
(RTYuTb - 3min11sec - Jul 9, 2011) -
Source: RussiaToday
-- A quote...."With a population of more than a billion and a
growing economy, the opportunities are there for India's
enterprising entrepreneurs. And it's young people who're seizing
the initiative, by turning their passions into profits. As Priya
Sridhar reports, they've got an eye on their culture, as much as
capitalism."
========= ========== ========== ========== ========== ==========
========== ====
The Assault
On Libya....
Huge
Pro Gaddafi Rallies In Libya
Contains Videos -
AMillionPrayersInTripoli
-
MassiveAntiNATO/RebelDemo
-
Gaddafi'sSpeech07/08/11
- A quote...."You saw it in Tripoli , you see it in all the cities
and villages everyday: They say Gaddafi supporters, then the
millions are my supporters if they like it that way. They think it
is the same in their countries where they have 10 per cent support
and and the rest are against them! -- Gaddafi has millions of
supporters because he is not a ruler and he is not a president.
Gaddafi did not come through fake elections with campaign funding
from abroad."
DC protesters
say no to Libya war
Contains Video - A
quote...."Dozens of anti-war activists have held a demonstration
in front of the White House to condemn the US role in the Libya
war. -- The protesters cite reports by the Libyan health minister,
who says that over 700 people have been killed and more than 4,000
wounded in the NATO attacks, the Press TV correspondent in
Washington reported on Saturday. "
'NATO
Kills 10 Civilians for Every Troop Targeted
RTVideo -
Alt -
(RTYuTb - 5min57sec - Jul 9, 2011) -
Source: RussiaToday
-- A quote...."Rebel fighters in Libya have blamed a lack of
ammunition, and a lack of NATO support, for their failure to
advance towards the capital Tripoli. It comes just days after
Libya reportedly intercepted two vessels with Belgian weapons
intended for the rebels. For more about what's going on there, RT
crosses live to Tripoli and Dr. Franklin Lamb, a Director of
Americans Concerned for Middle East Peace."
Bombing
must go on?! 'Human cost too high in Libya'
RTVideo -
Alt -
(RTYuTb - 3min47sec - Jul 9, 2011) -
Source: RussiaToday
-- A quote...."Russia's Foreign Minister has slammed NATO for its
"cynical actions" in Libya in an interview with Russian TV. Sergey
Lavrov said that the Alliance's tactic of bombing the country
until Colonel Gaddafi steps down has inflicted too many
unjustified civilian deaths. RT's Peter Oliver has been following
what Lavrov had to say."
West
Funnels Illegal Weapons Into Libya
RTVideo -
Alt -
(RTYuTb - 5min57sec - Jul 9, 2011) -
Source: GlobalResearchTV
-- A quote...."France has been among the main powers behind the
NATO-led air campaign, which is officially aimed at protecting
civilians from assaults by Gaddafi's forces. However, many view a
change of regime in Libya as the main reason for the alliance's
involvement there. France's latest move has invoked extensive
criticism from Russia and the African Union, while China has
indirectly objected to it."
NATO
forces hit Libyan oil depots
A quote...."BRUSSELS, July 8 (UPI) -- NATO forces for the first
time since the conflict struck Libyan oil facilities in an effort
to cut off fuel supplies to Gadhafi loyalists, a commander said."
Another
U.S. War For Al-Qaeda
A quote...."July 08, 2011 "Information Clearing House" ---
Now we have yet another potential reason to oppose the Libya war.
According
to West African governments, Obama’s war is actually
empowering al-Qaeda, as the terrorist group is reportedly looting
weaponry from Libyan rebels. This is in addition to
the
fact that U.S.-supported rebels themsleves have admitted to
having ties to al-Qaeda. -- This would make the undeclared war in
Libya only the latest to benefit America’s no. 1 terrorist enemy.
The Iraq war, according to many experts,
was
a great boon for al-Qaeda, which used the massive U.S.
military presence as a recruiting tool. There were practically
none of these people in Iraq until after the U.S. invaded."
========= ========== ========== ========== ========== ==========
========== ====
More on the
World Wide Revolution...
Tens
of Thousands Of Protesters Back In Tahrir Square In Egypt
MOXVideo -
Alt -
(MOXYuTb - 4min13sec - Jul 8, 2011) -
Source: MOXNEWSd0tCOM
Peaceful demo
attacked in Bahrain
A quote...."Bahrain's Saudi-backed security forces have attacked a
group of peaceful demonstrators demanding reforms as protests
continue across the country, despite the government's crackdown on
the popular uprising."
Protesters
reject US, Saudi interference
A quote...."Tens of thousands rallied in Sanaa yesterday to
"reject" Yemen's dependence on the United States and Saudi Arabia,
saying badly burned President Ali Abdullah Saleh was "politically
dead" after a TV appearance."
Syrians
take to the streets as regime lashes at US
A quote...."BEIRUT: Hundreds of thousands of Syrians carrying
olive branches and shouting for the downfall of President Bashar
Assad's regime streamed Friday into the flashpoint city of Hama,
where the U.S. and French ambassadors traveled in a strong show of
support for the protest movement."
Syrian
activists reject Assad's call for talks Sunday
A quote...."Syrian President Bashar al-Assad has set Sunday as a
day of dialogue with opposition figures, but activists today held
protests dubbed a day of "no dialogue" – saying they can't talk
with a regime that is still arresting and killing its opposition,
the Los Angeles Times reports."
========= ========== ========== ========== ========== ==========
========== ====
Flotilla News....
US
Collusion In The Gaza Blockade Is An Affront To Human Rights
A quote...."By Cindy Corrie, Originally published in
The
Guardian July 9, 2011 -- My daughter’s death shows the
cruelty of an America that won’t protect its own and is complicit
in harming Palestinian civilians - When Greek authorities
prevented the US ship the Audacity of Hope leaving its port in
Athens this week, they dealt a blow to a group of brave and
principled Americans who were trying to carry thousands of letters
from US citizens to those who wait on Gaza’s shores."
========= ========== ========== ========== ========== ==========
========== ====
More On The
Palestinian Situation....
Israel
Marks New Path of Apartheid Wall
A quote...."BETHLEHEM – Israeli forces Saturday marked Palestinian
land in al-Walaja, a village northwest of Bethlehem, to draw a new
path of the Apartheid Wall, said a Palestinian official. -- Deputy
Head of Walaja village council, Adel al-Atrash, said that the
Israeli forces marked the land to raze the land and to uproot
olive trees to complete the construction of a section of the wall.
-- He added that the six-kilometer Wall will take over 500 dunums
(1 dunum = 1000 square meters) and isolate another 1958 dunums,
including an ancient olive tree called ‘Zytonet al-Badawi’
(Bedouin Olive Tree), which is estimated to be 1500 years
old." -
Source:
Wafa
Palestinian Woman
Wounded After Army Fired At Homes In Northern Gaza
A quote...."Palestinian medical sources reported on Saturday at
night that Israeli soldiers, based near the northern Gaza border,
opened automatic fire at a number of Palestinian homes wounding a
young Palestinian woman and inflicting damage to property."
The
tactic of arresting Palestinian children
A quote...."Dozens of Palestinian children clamoured excitedly in
the East Jerusalem village of Silwan on June 26, each clutching
the strings to as many helium-filled balloons as they could.
Moments later, the children watched as the sky above this
flashpoint Palestinian neighbourhood filled with red, green, black
and white - the colours of the Palestinian flag - and the hundreds
of balloons were taken away by the wind." -
also posted at Uruknet
Press
Release: Sheikh Raed Salah denied Bail
A quote...."After a three-hour hearing yesterday in London, Sheikh
Raed Salah was denied bail by the courts and is to remain in a
high security prison with dangerous criminals until his appeal
against deportation is heard." -
also posted at AlethoNews
Israeli
Strike Destroys Palestinian Factory in Gaza
A quote...."GAZA, July 10, 2011 (WAFA) – An Israeli air strike
Sunday destroyed a Palestinian concrete factory in al-Tuffah, a
neighborhood east of Gaza, according to local sources." -
Topix ||
Israel's
Scorched Earth ||
========= ========== ========== ========== ========== ==========
========== ====
More On The
Economic Situation...
Mounting
Public Debt. The Looting of Federal Pensions, Social Security
and Medicare
A quote...."Government debt will be in the vicinity of $1.5
trillion this year. Ever since May 16th short-term debt has been
frozen at about $14.3 trillion. Up until May 16th the year-to-debt
fiscal debt was $783.135 billion. That means if no August 2nd
agreement is reach, $275 billion will be needed up to August 2nd,
a total of about $700 billion will be needed by 9/30/11, the end
of the fiscal year. Those funds are to come from federal pensions,
Social Security and Medicare. How will these funds be paid back?
We do not know, but we would guess there could be legislation to
commandeer private pensions, 401Ks and IRAs. On the other hand an
alternative is for the Fed to create $700 billion and buy the
Treasury debt. That alone, with normal funding, could reach over
$2 trillion. That means they would have to create another
additional $850 billion to keep the economy from slipping into a
great dark pit. That means additional net funds that would have to
be created out of thin air of close to $3 trillion. That means
mega inflation 2 to 3 years down the line. In addition the US debt
to GDP should be more than 100% by the end of the fiscal year
9/30/11."
Peter Schiff:
We're in Depression, Dollar Crisis Coming
PSVideo - (PSYuTb - 11min
29sec - Jul 7, 2011) - Source:
NewsmaxTV
-- A quote...."The phony stimulus has briefly interrupted
depression but as long as the U.S. spends borrowed money the
economy won't recover, contends Peter Schiff, Chief Global
Strategist at Euro Pacific Capital. In a Newsmax.TV video, Schiff
says the dollar could lose 50%-70% of its value. He explains how
he's positioning clients as the U.S. faces possible QE3 and
default through inflation." -
Website editor's caution:
If the world economy experiences a sudden and serious slow-down,
the dollar will go up. Or, if for some reason, everyone has to
reverse the carry-trade in USD's (which must exceed tens of
trillions by now) the dollar will spike upward. Yes it's crazy,
yes the "flight to safety" (i.e. US paper), is simply suicidal,
but that's the upside-down world we live in. - mpg
Presenting
The Plunge In Foreign Interest For US Treasurys
Chart -
(click
to enlarge) -- A
quote...."Over the past 2 years, foreign demand, expressed by the
final take down as a percentage of total auction size across the
entire curve (2,3,5,7,10, and 30 Year) has plummeted from 55% to
just below 35% as of the last auction."
Treasury Secretly Weighs
Options to Avert Default [???]
A quote...."You may have noticed that I haven’t been paying much
attention to the possibility of default via the legislative
vector. The reason is because every time a situation like this
comes up, the machine always somehow manages to lurch on to dig
the hole deeper. I’m assuming that the same thing will happen this
time. -- My guess is that, if the risk of default was real, the
dollar and the precious metals would not be rangebound, as they
are now. These will be worth watching, perhaps a bit more closely
than usual, over the next few weeks." -
also posted at BLN
On the Road
to Government Default
A quote...."A great default is behind us. The public is unaware of
this. If you read this report, you will no longer be unaware of
it. -- The ease with which this default took place should serve as
a warning: there will be additional, much larger defaults. Again,
the public does not understand this. The main one will be Social
Security. The program is now in the red: more money going out than
comiomng in. But most people still cannot believe that the program
really will go belly-up. That's why I produced a video on this."
Of
Course Unemployment Is Rising ... Government Policy Is
GUARANTEEING It
A quote...."As many writers have reported, the latest jobs report
is dismal. -- In fact, as I have
demonstrated,
unemployment may rival the Great Depression. -- These bad numbers
caught
many by surprise. But as I repeatedly noted, government
policy
guarantees rising
unemployment." -
also posted at
PrisonPlanet
Real
Unemployment Rises to 16.2% in June -- 25.3 Million People
A quote...."(CNSNews.com) – The real unemployment rate rose to
16.2 percent in June, the Bureau of Labor Statistics (BLS)
reported on Friday, marking a return to levels not seen since
January 2011."
Rampant
Unemployment = The Death Of The Middle Class
A quote...."Without an abundance of good jobs, the middle class in
the United States is going to shrivel up and die. Right now,
rampant unemployment is absolutely killing communities all over
America. Hopelessness and poverty are exploding and many are
now wondering if we are actually witnessing the slow death of the
middle class. There simply are not nearly enough “good jobs”
to go around anymore, and even many in the mainstream media are
referring to this as a “long-term structural problem” with the
economy."
Record
one in six Americans now on food stamps as depression escalates
A quote...."(NaturalNews) While the mainstream media has all but
convinced most Americans that the nation is slowly climbing out of
the "recession," new statistics released by the US Department of
Agriculture (USDA) suggest otherwise. According to just-released
participation numbers for the agency's Supplemental Nutrition
Assistance Program (SNAP), known more commonly as "food stamps,"
nearly one in six Americans now participates in the program, which
represents a new record high."
Why
QE2 Failed: The Money All Went Offshore
Special
Editorial Comment:
Remember as you read this
article folks, that the term "currency
war" refers to the effort to get others, by stealth, by
bribery, by force, to use your currency versus any
others. In other words to be the one to solely retain the
ability to print worthless pieces of paper, give these worthless
pieces of crap to the wealthiest "one percent", allowing them go
out and purchase the world's resources, oil, gas, minerals,
water resources, securities, and other national assets enriching
the "one percent" even further. All the while forcing the
rest of the 99% to pay off the debt thus created and watch while
the script in their own pockets becomes more worthless each and
every single day. - mpg
US
Taxpayers Just Paid $780 Million To Fund The Latest Greece
Bailout Tranche
Related
Article - A quote...."The IMF is delighted to announce
that it just approved a €3.2 billion disbursement of cash for
Greece, its fifth, as part of the €12 billion in money that Greece
needs in order to continue operating in the months f July and
August. And just for what purpose will this money be used, one may
ask? Well, as explained a few weeks ago, in Greek Math: €12
Billion In, €18.2 Billion Out the entire amount will be promptly
recycled by global financial institutions in the form of debt
maturities and interest payments, which amount to €18.2 billion in
the months of July and August.
Simply
said ECB, EU and IMF money in, money owed to bankers out."
-
also posted at PrisonPlanet
- bold by website editor
European
suicide rates pushed higher by financial crisis
A quote...."(Reuters) - Suicides rates rose sharply in Europe in
2007 to 2009 as the financial crisis drove unemployment up and
squeezed incomes, with the worst hit countries like Greece and
Ireland seeing the most dramatic increases, researchers said on
Friday."
Friday July 8th 2011
No posts. - mpg
Thursday July 7th 2011
More Tales From
the Zio-Sphere....
Chomsky
Attacks Chavez For Neocon Carr Center?
Must Read - Noam Chomsky:
AIPAC/Israeli Consortium Prostitute Exposed - A
quote...."Chomsky reveals he has lobbied Venezuela’s government
behind the scenes since late last year after being approached by the
Carr centre for human rights policy at Harvard University. – http://www.guardian.co.uk/world/2011/jul/03/noam-chomsky-hugo-chavez-democracy
WHO IS THE CARR CENTRE?
Carr Center for Human Rights Policy http://www.sourcewatch.org/index.php?title=Carr_Center_for_Human_Rights_Policy
Sarah Sewall is the Director of the Carr Center – http://www.sourcewatch.org/index.php?title=Sarah_Sewall
She is also on the advisory board of?… Center for a New American
Security – http://www.sourcewatch.org/index.php?title=Center_for_a_New_American_Security
Who else is on that board with her? … Susan Rice and James Steinberg
” The Honorable Dr. William J. Perry, Hoover Institution/ Dr.
Madeleine K. Albright, Principal, The Albright Group LLC/Richard L.
Armitage, President, Armitage International/ Norman R. Augustine,
Lockheed Martin Corporation/Admiral Dennis C. Blair, USN (Ret.),
Former Commander-in-Chief, U.S. Pacific Command Dr. Richard J.
Danzig, Sam Nunn Prize Fellow, Center for Strategic and
International Studies/William J. Lynn, Senior Vice President,
Government Operations & Strategy, Raytheon Company/Lt Gen
Gregory S. Newbold, USMC (Ret.), Managing Director, Torch Hill
Capital/John D. Podesta, President and CEO, Center for American
Progress (That's the Carr Center directors cohorts)
Now who are the major supporters of Carr Center for which Chomsky is
intervening in Venezuela's internal affairs?
BRACE YOURSELVES …
Source: NakedTruth
This
website editor NEVER
trusted Noam Chomsky, he's just another in a long line of
false-paradigm peddling shills. Left vs. Right, Demo vs.
Repub, Capitalism vs. Socialism, when all along he and others of
his ilk, like Howard
Zinn, were simply carrying
water for the AIPAC/Israeli Consortium and their
Banksters. They NEVER talk about 9/11, or the "Trinity
of Evil", or Israel's ties
to the Saudi Royals, or the Ten
Year Economic/War Cycle,
or the "Federal" Reserve, or the Jewish
Community's undue influence
over this nation's mass-infotainment, financial, and political
systems. They're false prophets, elevated to positions of
power, by their cohorts IN power,
to distract the "intellectual class" from what they should
really be doing.....following the @$%&*# MONEY!! --
Who prints it, who controls it, and who gets to keep it! - mpg
========== ========== ========== ========== ========== ==========
========== ====
An
Outkast
Israel Plans To Drop Bombs Over Tehran
War Alert - A
quote...."Richard Silverstein, publisher of the blog Tikun Olam,
wrote an important article yesterday, July 5th, called 'September
Surprise: Israel Attack on Iran?' about the very real possibility of
an Israeli attack on Iran in September when the United Nations is
expected to officially recognize Palestinian statehood." - also posted at PrisonPlanet
Netanyahu
falls
short of securing Bulgarian pledge against Palestinian UN bid
A quote...."Prime Minister Benjamin Netanyahu on Thursday fell short
of securing a commitment from Bulgarian Prime Minister Boiko Borisov
that his country will oppose the Palestinian campaign for UN
recognition of statehood in September." -- Well, one would guess that means Netanyahu will just have
to come back to the US-NRE's congress for another multi-billion
dollar hand-out to bribe Boiko Borisov with. Or perhaps he
could get congress to threaten to bomb Bulgaria. Heck, maybe
he can do both! That would work! - mpg
Zionists
Chair
Syrian
Opposition Meeting in France
Special Note - A
quote...."Key Zionist philosopher Bernard-Henri Levy; former French
Minister of Foreign Affairs, and major advocate of the war against
Iraq Bernard Kouchner; member of the youth movement in the Israeli
right wing Likud party Frederick Ansel; and former Knesset member
and Israeli Defense Minister Ehud Barak’s advisor Alex Goldfarb who
was not questioned by anyone for claiming to be a Syrian opposition
member and spokesman of “Democratic change in Syria” assembly; were
basic participants in the Syrian opposition conference in
Saint-Germain in France."
On
Flotillas
and the Law – An Analysis by Dr. Lawrence Davidson
Quote of the Day...."When it
comes to the struggle against Israel’s policies of oppression there
are two conflicting levels: that of government and that of civil
society. The most recent example of this duality is the half dozen
or so small ships held captive in the ports of Greece. The ships,
loaded with humanitarian supplies for the one and half million
people of the Gaza strip, are instruments of a civil society
campaign against the inhumanity of the Israeli state. The forces
that hold them back are the instruments of governments corrupted by
special interest influence and political bribery." - also posted at ICH
Israel
instructs
foreign airlines to prevent departure of 300 pro-Palestinian
activists
Another Blacklist From Israel
- A quote...."Transportation Ministry hands foreign airlines
blacklist of 300 passengers who will be refused entry to Israel;
move may prevent activists from reaching Israel.
========== ========== ========== ========== ========== ==========
========== ====
More On The
Domestic Situation....
America
Is
A Failed State
Must Read - Second Quote of the Day...."It
is a truth of history that once a society abandons the principle
that the law applies to everyone it falls into chaos and despotism.
In America and other Western countries the separation between the
politically connected elite and the people has been so wide for so
long that there are two societies; a secret society wherein members
of the ruling elite get together to coordinate with each other about
the covert implementation of criminal government policies, and a
public society that is endlessly poisoned with monstrous government
lies."
The
Founding
Fathers
Tried to Warn Us About the Threat From a Two-Party System
Must Read - "Polls show that
a
majority of Americans say that both the Republicans and Democrats
are doing such a poor job representing the people that a new,
third party is needed. -- I've repeatedly warned that there is
a scripted, psuedo-war between Dems and Repubs, liberals and
conservatives which is in reality a false divide-and-conquer
dog-and-pony show created by the powers that be to keep the American
people divided and distracted. See this,
this,
this,
this,
this,
this,
this,
this,
this
and this.
-- In fact, the Founding Fathers warned
us about the threat from a two party system." - also posted at ZeroHedge
- All people have to do to end
these sham elections and the reign of this duopoly party, is to
remember this November when they go down to the polls to vote --
JUST -- DON'T -- VOTE -- FOR -- A -- DEMO -- OR -- A --
REPUB -- !!! It's that simple folks, trust this website
editor, you'll feel so much better. - mpg
The
Strange
Silencing of Liberal America
Special Note - A
quote...."On 15 June, I was due in Santa Fe, having been invited to
share a platform with the distinguished American journalist David
Barsamian. The foundation was also to host the US premiere of my new
film, The War You Don’t See, which investigates the false
image-making of war-makers, especially Obama. -- I was about to
leave for Santa Fe when I received an email from the Lannan official
organising my visit. The tone was incredulous. "Something has come
up," she wrote. Patrick Lannan had called her and ordered all my
events to be cancelled. "I have no idea what this is all about," she
wrote."
In
Debt
Talks, Obama Offers Social Security Cuts - You ObamaTrolls out there happy yet? -
mpg
A quote...."President Obama is pressing congressional leaders to
consider a far-reaching debt-reduction plan that would force
Democrats to accept major changes to Social Security and Medicare in
exchange for Republican support for fresh tax revenue." - Topix || Go
Build
Your Neo-Roman Empire - Just Leave Us Out Of It - 10-14-07 - mpg
||
Wisconsin
Replaces
Union Workers with Prison Inmates - A fine program coming to a state near you. - mpg
Video - (FOX6Vid - 2min9sec
- July 7, 2011) -- A quote..."Racine County inmates to do jobs [the unions had] previously
bargainsed for."
Why
Do
the Police Have Tanks? The Strange and Dangerous Militarization of
the US Police Force
Police State Update - A
quote...."July 5, 2011 -- Just after midnight on May 16, 2010, a
SWAT team threw a flash-bang grenade through the window of a
25-year-old man while his 7-year-old daughter slept on the couch as
her grandmother watched television. The grenade landed so close to
the child that it burned her blanket. The SWAT team leader then
burst into the house and fired a single shot which struck the child
in the throat, killing her. The police were there to apprehend a man
suspected of murdering a teenage boy days earlier. The man they were
after lived in the unit above the girl's family." - also posted at BLN
& ICH
FBI:
No
Oklahoma City bombing videos found
A quote...."SALT LAKE CITY (AP) — The FBI has not found videotapes
from the 1995 Oklahoma City bombing that are being sought by a Utah
lawyer and do not believe another records search is reasonable or
will uncover the information, the agency has told a federal judge."
- Guess "the dog must have
ate'em." - mpg
We
Are
Beyond Crisis; The truth has been slaughtered (Charlie McGrath
Video)
CMcGVideo - Alt -
(CMcGYuTb - 3min52sec - Jul 7, 2011) - Source: crabbydogtrix
Broadcasting
LIVE
on Justin.tv - July 7 2011
MRVideo - Note:
To
avoid
the
advertisements
and
the
radio
commentary
goto
-
8min20sec - into
the broadcast - mpg - (JustInTV - 2hrs - July 7th, 2011) -
Source: MichaelRiveroTV-Vids
-- Michael Rivero discusses the
ongoing crimes of empire and
many other issues.
PROGRAM NOTE: He
also has a segment where he discusses the benefits of silver
ingestion vs inhalation with Mario Silfaldi. The segment
starts aprox. 1hr 10min
into the show and ends aprox. 1hr 45min into the show. - mpg
Finance
is
the new mode of warfare - Keiser Report: Europe's Neo Feudalism
(E162)
Must View MKVideo - Alt -
(MKRTYuTb - 26min43sec - Jul 7th, 2011) - Source: RussiaToday - Producer: Max Keiser TV--
A quote..This week Max Keiser and co-host, Stacy Herbert, report on
selling Greece's sovereignty and Spain's El Gordo. In the second
half of the show, Max talks to economist Michael Hudson about the
IMF assassins sent in to destroy the Greek economy."
========= ========== ========== ========== ========== ==========
========== ====
More On The
International Situation....
2
US soldiers killed by Baghdad roadside bomb
War Propaganda - A
quote...."Two military officials said Thursday's bomb at a
checkpoint outside Victory Base Camp used armor-piercing explosives
known as EFPs. -- The powerful bombs are the trademark of an
Iranian-backed Shiite militia."
Editors special note: - The "Iran supplying EFPs" story
has been proven REPEATEDLY to be completely and utterly false.
Just about any person can produce an EFP, they're incredibly
easy to make, a five year old with a tinker toy set could
produce one! Your own grandmother could produce one!
-- (see...US
Fake Intel / Propaganda - IED's & EFP's) -- ANYONE advocating such
nonsense is an AIPAC/PNAC supporting shill for the war
industry. The people that produced this [article] are the same
kind of jerks that faked all that Iraq WMD bullsh-t.
Enough with this crap already! - mpg
Syria:
Lybia
2.0? It looks more likely by the day
A quote...."I have been covering the possible invasion of Syria in a
lot of detail here at EndtheLie, starting with my article in April
in which I laid out the case for Syria being the next
globalist-imperialist target. - Unfortunately, the evidence has only grown since that first
article with the massive amounts of propaganda being pumped out of
the Western mainstream media. It is not just the media; this
is being promoted from all fronts including so-called activist groups, human rights groups (multiple, in fact) and even U.S. politicians."
Russia,
Iceland
& Afghanistan Stand Alone As The Only Nations With
International Arrest Warrants Out For Bankers Who Committed Fraud
-- A quote...."This is in response to trolls on our Keiser Reports
the last two episodes, who claim for some reason that by not
covering the Bank of Moscow bailout on our tv show we are somehow
avoiding the story because the show airs on a Russian financed
broadcaster. Well, the story for the most part, reflects nicely on
Russia so I don’t get their argument that there is some sort of
conspiracy: From what I can tell, Russian authorities protected
depositors, have isolated the bad loans while keeping the good part
operating AND MOST IMPORTANTLY – have an international arrest
warrant out for the banker responsible! Can you say the same of Dick
Fuld? Jimmy Cayne? Angelo Mozilo? Lloyd Blankfein? Sean Fitzpatrick?
Fred Goodwin? Etc. Etc."
========= ========== ========== ========== ========== ==========
========== ====
The Assault On
Libya....
Breaking
News.
Media Lies From Libya Turned Upside Down
CRAudio - Alt
- Podcast
- Mp3
- (CRAudio - 29min56sec - Jul 5, 2011) -- A quote...."Global
Research associate Mahdi Nazemroaya joins us from Tripoli where he
is on a fact-finding mission to find out what is really happening in
Libya and what the real effects of the NATO-led rebellion really is
for people on the ground."
Libya
and
War Powers
A quote...."Which is, of course, the big capital-P Point. The people
of Libya, like those of Afghanistan and Iraq and Pakistan and Yemen
and so on, are suffering privation and mutilation and death at the
hands of NATO, which is nothing more than an American sock puppet.
To the victims, the carnage is what matters. We cannot lose sight of
that - and most of the world will not. It is only the Americans, as
always oblivious about the places they are wrecking and the people
they are killing, who can't find Libya on a map, much less worry
about it."
Russia slams
NATO war on Libya
A quote...."Russia's Foreign Minister Sergei Lavrov has slammed
NATO's war on Libya, saying it has reached a “stalemate” and caused
a large number of civilian deaths in the North African country."
Russia
accuses
NATO of hindering political process in Libya
A quote..."MOSCOW, July 6 (Xinhua) -- Russian envoy to NATO Dmitry
Rogozin on Wednesday accused NATO of undermining Libyan opposition
efforts to start talks with Libyan leader Muammar Gaddafi, according
to local media reports."
========= ========== ========== ========== ========== ==========
========== ====
Flotilla News....
We will
return to Gaza until Palestine is free
A quote...."As Greece, Turkey, Israel and – behind the scenes – the
US conspire to abort this year’s humanitarian aid flotilla to Gaza,
Richard Levy, a passenger on the Audacity of Hope, US boat to Gaza,
pledges to remain steadfast until victory and Palestine is free."
Starving
Gaza
is not cricket – nor is stopping the aid flotilla sailing
A quote...."Stuart Littlewood argues that the lack of civilized
conduct, fair play and proper respect for others in international
affairs has been highlighted by the conspiracy between Greece and
Israel – and behind them, the USA and Britain – to abort the Gaza
humanitarian flotilla, and the aiding and abetting of crimes against
the Palestinians in Gaza and the occupied territories."
Spirit
of
Rachel Corrie: Humanitarian Cargo Released and Shipped to Gaza
A quote...."The Spirit of Rachel Corrie finally was allowed to berth
at the El-Arish Port on Tuesday July 5, 2011 at 7.10 pm (Egypt time)
for the unloading of the UPVC pipes to Gaza. -- The cargo of 32
tonnes took almost 4 hours to be transferred to 7 awaiting trailers.
-- The humanitarian aid cargo will be taken to Ouja at the Israeli
border where it will be reassigned to other trailers sponsored by
the Palestinians to be delivered to Gaza via Karem Shalom. The
impasse finally ended after Perdana Global Peace Foundation
President, Tun Dr Mahathir Mohamad met the Prime Minister of Egypt,
Dr. Essam Sharaf on June 29 in Cairo."
========= ========== ========== ========== ========== ==========
========== ====
More On The
Palestinian Situation....
Medical
aid
convoy
lands in Gaza
A quote...."GAZA, (PIC)-- A medical aid convoy sent by the Arab
Medical Union has delivered some five tons of aid to the Gaza Strip
after landing on Wednesday. -- The convoy, headed by the AMU
emergency committee secretary-general Ibrahim al-Za’faraani, entered
through Rafah crossing on the Strip’s border with Egypt." - also posted at AlethoNews
Israeli
forces
arrest
daughter of Al-Bireh mayor
A quote...."RAMALLAH (Ma’an) -- Israeli forces arrested the daughter
of the Mayor of Al-Bireh on Wednesday, the Palestinian Information
Center reported."
IOF
soldiers
advance
hundreds of meters south of Gaza Strip
A quote...."KHAN YOUNIS, (PIC)-- Israeli occupation forces (IOF)
advanced hundreds of meters to the east of Khan Younis on Thursday
morning amidst indiscriminate shooting and firing of smoke bombs."
========= ========== ========== ========== ========== ==========
========== ====
More On The
Economic Situation...
The
Coming
"New World Order" Revolution: How Things Will Change In The Next
20 Years - A Kondratieff Cycle Perspective - Must Read - Charts - (click to enlarge) - A quote...."Over the last
three decades strong growth in the working-aged population across
Asia and the opening-up of world trade have led to considerable
expansion in global production capacities. These factors created a
highly competitive and disinflationary environment of plentiful
supply, which was characterised by low interest rates, a credit boom
and, in the financial markets, exuberant appetite for risky
assets. -- As the demographic cycle progresses, we
are seeing the emergence of an aging population, which is less
favourable to productive investment. Meanwhile the rise in living
standards among the emerging population heralds an unprecedented
level of growth in demand. -- The world
supply/demand balance is dramatically changing against a backdrop of
resource shortages which are likely to favour shorter cycles,
increased government intervention in economic affairs and
inflation."
Manufacturing
Growth
Is An Illusion Of Monetary Stimulus
Must Read - Charts -- A
quote...."The following is a quick analysis of current data releases
related to industrial production, both manufacturing and services.
These numbers, especially manufacturing, are key indicators of the
health of the economy." - also
posted at ZeroHedge
Retirement
Fund
Plunder Update: $206 Billion So Far, $62 Billion Left
For All You Federal Employees Out
There - A quote...."As of today, since the debt ceiling
breach on May 16, the Treasury has
plundered about $206 billion from the two primary
retirement accounts: the G-Fund and the Civil Service Retirement and
Disability Fund, according to calculations performed by Stone
McCarthy. The full breakdown for sticklers is provided below,
however what is more important is that with just 4 weeks left until
the D-Day, there is about $62
billion [left] in available debt ceiling stretching
options. In other words, Tim Geithner has burned through 75% of his
dry powder just 50 days into the debt ceiling breach."
Claims
Print
Above 400K For 13th Consecutive Week, At 418K, In Line With 420K
Expectations
A quote..."Well the BLS reported Initial Claims that came above 400K
for the 13th consecutive week, printing at 418K, in line with
expectations of 420K (and a miss as this number will be revised to
420K or higher next week). Continuing claims came at 3,681K on
expectations of 3,700K, with the prior number revised higher from
3,702K to 3,724K. As predicted
last week "Both numbers this week will be revised higher next
week, which will bring the rolling average far higher." In other
words, post revision, today's claims data will have been a miss.
Which then begs the question, considering the far better ADP number,
whether employers have taken a cue from HFT machines and are now
hiring and firing workers at an unseen before pace. In other news,
those on EUC and Extended benefits both dropped by over 44K in the
week ended June 18." - bold by website editor
Emails
Don't
Lie, Just Ask The Fed Officials Who Hide Them: AIG's Disclosure
Surprised, Displeased NY Fed
A quote...."NEW YORK (Reuters) - New York Federal Reserve officials
debated in November 2008 whether the terms of the bailout of
American International Group could be kept secret from the public
and whether securities regulators would even permit it to do so,
according to emails obtained by Reuters on Friday. -- The emails,
given to Capitol Hill lawmakers by the New York Fed, revealed that
some officials at the New York Fed were surprised and displeased by
AIG's plan to file an exhibit with the U.S. Securities and Exchange
Commission that would provide specific details of the Fed-engineered
rescue package."
BOMBSHELL
REPORT:
Goldman Sachs Got Billions From Taxpayers Thru AIG For Its OWN
Account, Crisis Panel Finds; Contradicting SWORN Testimony From
Execs -- A quote...."Goldman Sachs collected $2.9 billion from
the American International Group as payout on a speculative trade it
placed for the benefit of its own account, receiving the bulk of
those funds after AIG received an enormous taxpayer rescue,
according to the final report of an investigative panel appointed by
Congress. -- The fact that a significant slice of the proceeds
secured by Goldman through the AIG bailout landed in its own
account--as opposed to those of its clients or business partners--
has not been previously disclosed. These details about the workings
of the controversial AIG bailout, which eventually swelled to $182
billion, are among the more eye-catching revelations in the report
to be released Thursday by the bipartisan Financial Crisis Inquiry
Commission."
As
Commodity
Prices Soar, So Does Demand for Wood Pulp—As a “Food Extender”
A quote...."Are you getting what you pay for on your plate? -- The
recent class-action lawsuit brought against Taco Bell raised
questions about the quality of food many Americans eat each day. --
Chief among those concerns is the use of cellulose (read: wood
pulp), an extender whose use in a roster of food products, from
crackers and ice creams to puddings and baked goods, is now being
exposed. What you’re actually paying for — and consuming — may be
surprising." - The parasites are
going to feed saw-dust to you sheeple out there, and many of you
will just go Baaaaaaaa, and think it's yummy. - mpg
========= ==========
========== ========== ========== ========== ========== ====
The Eurozone's
Financial Deterioration....
Collapsing
Financials
A quote...."The world and everyone in it should be preparing for
some very difficult days ahead but that is not happening because
most are drinking some kind of happy tea. An unprecedented financial
storm of unknown scope and dimension is upon us but it is crushing
certain people, cities, states and countries before others. -- Many
are perceiving and reporting that the fundamental economic outlook
has changed substantially over the last couple of weeks. -- “There
is a growing sense of despair in Brussels. Unlike previous attacks
on the euro project, the latest downgrade of Portugal’s debt by the
ratings agency Moody’s feels like the beginning of the end."
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070711-071311
- links page
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