Wednesday May 12th 2010 - links page

May 8th’s Arichitects, Engineers, and Firefighters for 911 Truth Event  ---  http://dprogram.info/?p=1
Must View Video - Alt  --- http://www.ustream.tv/recorded/6786531  ---  Editor's note: the first five to ten minutes is an honorarium for those fire fighters who died on 9/11 -- (USStream - 180min:11sec - May 8, 2010) -- A quote....(from the comments section) The factual presentation Firefighters, Architects & Engineers Expose 9/11 on May 8, at the Bal Theatre, San Leandro, CA was a successful, well-attended event. It featured architect Richard Gage (http://ae911truth.org) and firefighter Erik Lawyer..." - For more on this issue see....Reficultnias's 9/11 Central
  ---  http://www.reficultnias.org/mikesfiles/weblists/reficultniass911central-mpg-reficultnias-weblist-100409.html
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The Connection between 9/11, Anthrax and Iraq  ---  http://alethonews.wordpress.com/2010/05/12/the-connection-between-911-anthrax-and-iraq/
Videos - DrGM(1/5)  ---  http://www.youtube.com/watch?v=xmRNoDNH-Ps
DrGM(2/5)  ---  http://www.youtube.com/watch?v=IZ0ft3NaZy0
DrGM(3/5)  ---  http://www.youtube.com/watch?v=HEDdVPbR1Tc
DrGM(4/5)  ---  http://www.youtube.com/watch?v=eJVDxEiCCl8
DrGM(5/5)  ---  http://www.youtube.com/watch?v=75bkUQF1lpI  ---  (YouTube - 10 min - May 03, 2010) - A quote...."A significant moral challenge has emerged due to glaring discrepancies between the official version of the events of September 11, 2001, and the results of extensive independent research by individuals with relevant scientific or professional expertise. . . . As a result of this extensive research carried out by scientists and professionals, it can now be seen that the official account of 9/11 is false beyond any reasonable doubt. ... Because the false account of 9/11 has led to [numerous] evils, it is incumbent on religious leaders, once they realize that the official account is a lie, to speak out."  - For more on this issue see....US-False Flag Ops - Anthrax
  ---  http://www.reficultnias.org/mikesfiles/weblists/falseflagops-weblist-mpg-082006#ANTHRAX
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Red Cross confirms 'second jail' at Bagram, Afghanistan  ---  http://news.bbc.co.uk/2/hi/south_asia/8674179.stm
A quote...."The US airbase at Bagram in Afghanistan contains a facility for detainees that is distinct from its main prison, the Red Cross has confirmed to the BBC."
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US troops executing prisoners in Afghanistan, journalist says  ---  http://rawstory.com/rs/2010/0512/hersh-battlefield-executions-continue-obama/
A quote...."The journalist who helped break the story that detainees at the Abu Ghraib prison in Iraq were being tortured by their US jailers told an audience at a journalism conference last month that American soldiers are now executing prisoners in Afghanistan. -- New Yorker journalist Seymour Hersh also revealed that the Bush Administration had developed advanced plans for a military strike on Iran." - also posted at BLN  ---  http://blacklistednews.com/?news_id=8649
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Iran: Brazil and Turkey make new nuclear proposal
  ---  http://www.boston.com/news/world/europe/articles/2010/05/11/iran_brazil_and_turkey_make_new_nuclear_proposal/
A quote...."TEHRAN, Iran—Iran said Tuesday that Brazil and Turkey have offered a promising new proposal for a nuclear fuel deal as Tehran steps up a diplomatic push to stave off new U.N. sanctions over its disputed nuclear program."
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Israel Bars Arab Parties From Elections   ---  http://www.counterpunch.org/cook01142009.html
Oh look! More "freedumb and da'mockery" Israeli style. - mpg -- A quote...."he only three Arab parties represented in the Israeli parliament vowed yesterday to fight a decision by the Central Elections Committee to bar them from running in next month’s general election. -- In an unprecedented move signalling a further breakdown in Jewish-Arab relations inside Israel, all the main Jewish parties voted on Monday for the blanket disqualification. Several committee members equated the Arab parties’ vocal support for the Gazan people with support for terrorism."
also posted at AlethoNews  ---  http://alethonews.wordpress.com/2010/05/11/israel-bars-arab-parties-from-elections/
& WarInIraq  ---  http://www.iraq-war.ru/article/224514
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More On The Palestinian Situation....

Erdogan: We are working together with other countries to break Gaza siege
  ---  http://alethonews.wordpress.com/2010/05/12/erdogan-we-are-working-together-with-other-countries-to-break-gaza-siege/
A quote...."ISTANBUL — Turkish premier Recep Erdogan said that his country is working alongside other countries to break the Israeli unjust siege on the Gaza Strip and to rebuild what was destroyed during the war. This came during his meeting on Monday in Istanbul with a delegation representing a number of European civil organizations including the European campaign to end the siege and the Palestinian return center. Erdogan stressed that breaking the blockade on Gaza is a priority for him and Turkey and that he is working with other countries to end it. The delegation discussed with the premier the avenues to end the siege and the importance of the Turkish role in the region." - also posted at WarInIraq  ---  http://www.iraq-war.ru/article/224581
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The Second Leg of the Great Depression Was Caused by European Defaults
  ---  http://www.washingtonsblog.com/2010/05/in-great-depression-second-wave-down.html
Financial Warning - Chart - A quote...."Many Americans know that the Great Depression was started by the bursting of the giant Wall Street bubble of the 1920's (fueled by the use of bank deposits on speculative gambling, which is why Glass-Steagall was passed) , which in turn caused a run on American banks. -- But most Americans don't know that the second leg of the Depression was caused by European defaults." - At this point this website editor is forced to bump up the chances for a Great Depression Era "economic down leg" a full twenty percent.  From 10% to 30% with a corresponding decrease in the chances of Stagflation from 90% to 70%. - mpg
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The European Bailout: Not a Very Promising Start  ---  http://www.washingtonsblog.com/2010/05/european-bailout.html
Many people have written insightful criticisms of the European bailout. For example, Tyler Durden,  ---  http://www.zerohedge.com/article/latest-us-taxpayer-
bill-save-europe-57-billion  ---  Joe Weisenthal and Gregory White  ---  http://www.businessinsider.com/who-got-saved-by-the-euro-bailout-2010-5  ---  point out that the French banks are the real winners of the bailout (but don't forget JP Morgan).  ---  http://www.bloomberg.com/apps/news?sid=a7h1lGnar8Gg&
pid=20601087  ---  Ron Paul points out  ---  http://www.youtube.com/watch?v=5VYUlxyuyo0&feature=player_embedded  ---  that the Fed opening its swap lines  ---  http://www.zerohedge.com/article/fx-swap-lines-horses-mouth  ---  to Europe violated its promise to Congress not to do so. Paul also says the bailout will help lead to the destruction of all fiat paper currencies, ensuring that "gold will rule the roost". - Europe should NOT have borrowed any dollars from the Fed's swap line or borrowed from the IMF.  Because they have, this crisis is most likely over before it has even begun, and they've doomed themselves.
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Stock Market Collapse: More Goldman Market Rigging  ---  http://www.globalresearch.ca/index.php?context=va&aid=19051
A quote...."Last week, Goldman Sachs was on the congressional hot seat, grilled for fraud in its sale of complicated financial products called “synthetic CDOs.”  This week the heat was off, as all eyes turned to the attack of the shorts on Greek sovereign debt and the dire threat of a sovereign Greek default.  By Thursday, Goldman’s fraud had slipped from the headlines and Congress had been cowed into throwing in the towel on its campaign to break up the too-big-to-fail banks.  On Friday, Goldman was in settlement talks with the SEC. --  Goldman and Wall Street reign.  Congress appears helpless to discipline the big banks, just as the European Central Bank appears helpless to prevent the collapse of the European Union. . . . Or are they?"
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Lehman Bros. linked to drug money  ---  http://dprogram.net/2010/05/11/video-lehman-bros-linked-to-drug-money/
RTVideo - Alt  ---  (RTYuTb - 4 min 54 sec - May 10, 2010) -- A quote...."(RussiaToday) – Mario Ernesto Villanueva Madrid, former governor of the Mexican state that holds Cancun and dozens of other Caribbean beach resorts, has been extradited to New York on charges of accepting bribes from a violent drug cartel that smuggled hundreds of tons of cocaine into the U.S. and then laundering the bribe money through Lehman Brothers."
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“The People of Greece Are Fighting for the Whole of Europe”: Tariq Ali and Mark Weisbrot Discuss Greece’s Economic Crisis and Popular Uprising
  ---  http://www.democracynow.org/2010/5/11/the_people_of_greece_are_fighting
A quote...."The European Union and the International Monetary Fund have approved a nearly $1 trillion package to stop Greece’s debt crisis from spilling beyond its borders into the rest of the eurozone. Stocks surged in Europe, Asia and the United States Monday after EU leaders agreed to a $960 billion package to contain Greece’s financial troubles. Meanwhile, the austerity measures demanded by the IMF and the European Union as a condition of their loan are continuing to exact their toll. Greece’s two main unions have continued to hold protests against the reforms. In a statement, one of the unions said, “The crisis should be paid by…all those who looted public finances.” Last week nearly 100,000 people participated in a mass demonstration and a twenty-four-hour general strike against the austerity measures. [includes rush transcript]"
||  Real Video Stream  ||  ---  http://play.rbn.com/?url=demnow/demnow/demand/2010/may/video/dnB20100511a.rm&proto=rtsp&start=00:29:46
||  Real Audio Stream  ||  ---  http://play.rbn.com/?url=demnow/demnow/demand/2010/may/audio/dn20100511.ra&proto=rtsp&start=00:29:46
||  MP3 Download  ||  ---  http://media.libsyn.com/media/democracynow/dn2010-0511-1.mp3
||  More…  ||  ---  http://www.democracynow.org/2010/5/11/stream
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Bankers jailed, sued as Iceland seeks culprits for crisis
  ---  http://www.breitbart.com/article.php?id=CNG.4090f16a5abf84c5a5adff0665cbc792.3a1&show_article=1
So why don't that happen here? - mpg -- A quote...."More than a year and a half after Iceland's major banks failed, all but sinking the country's economy, police have begun rounding up a number of top bankers while other former executives and owners face a two-billion-dollar lawsuit."
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So What?
05-12-10
mpg

U.S. posts 19th straight monthly budget deficit - So what? Bernanke will just print more. - mpg
  ---  http://www.infowars.com/u-s-posts-19th-straight-monthly-budget-deficit/
A quote...."The United States posted an $82.69 billion deficit in April, nearly four times the $20.91 billion shortfall registered in April 2009 and the largest on record for that month, the Treasury Department said on Wednesday. -- It was more than twice the $40-billion deficit that Wall Street economists surveyed by Reuters had forecast...." - bold by website editor
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Summary Box: Trade deficit climbs to 15-month high  ---  http://www.cnbc.com/id/37118479  ---  So what....again?  Bernanke will just print even more.
A quote...."TRADE GAP: The U.S. trade deficit rose to $40.4 billion in March, the largest imbalance since December 2008." - bold by website - By the way, that works out to almost half a trillion dollars a year in trade deficits, but again, so what?
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4 Big Banks Score Perfect 61-Day Run  ---  http://www.cnbc.com/id/37106094  ---  So what....for the third time?
After all it's pretty easy to do if you control the market and can borrow as much as you want, for as long as you want, for as little as you want, courtesy the American taxpayer adn the Fed. - mpg -- A quote...."It is the Wall Street equivalent of a perfect game of baseball — 27 up, 27 down, the final score measured in millions of dollars a day. -- Despite the running unease in world markets, four giants of American finance managed to make money from trading every single day during the first three months of the year." - bold by website editor
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Bernanke has proven his case, over thirty trillion in back-stops, pay outs and guarantees simply elicits a yawn of complete boredom from the entire world wide financial community.

Where's the inflation every conservative economist has been yammering about for the last three years? (OK it's coming, but not for a few years more)  Where's the declining dollar? (OK it went down a bit, but now it's back up)  "This is all going to cost us" they constantly say....cost what?  What's it going to cost us? When is it going to cost us?  It's free money, trillions in free money as a matter of fact, for as far as the eye can see.  An absolute veritable ocean of liquid green.

Who cares about moral hazard?  Who cares about morals?  We're here to make money folks, if your first bubble gives out, (the Dot.com), blow a bigger one (housing), if that goes poof, blow an even bigger one (US bonds perhaps?) and if that goes bust, Bernanke (or his successor) will just blow and even bigger one.  Print a hundred trillion, print three hundred trillion, print a thousand trillion.  Guarantee EVERYTHING in sight, don't let your friends fail ever.  You want a quadrillion at zero percent interest for a hundred years....sure, here you go, have a nice day, after all, who gives a damn.

Certainly not the somnolent Neo-Roman public. From this website editor's perspective it looks like Bernanke has proved all his critics wrong.  His friends are all happy, the "One Percent" are all happy, the Banksters are certainly very happy and the "little guy" will just have to live with the fact that he and a hundred of his neighbors put together, could work their entire lives to earn what one Bankster could earn in just five minutes with the push of a button, courtesy of the "little guy" and his neighbors' tax dollars free of charge from Bernanke & Co.  So life sucks, call someone who cares, here's a dime, oh wait, for local calls nowadays that'll cost you about ten dollars, here you go buddy, call your mom.

Trillions in free money, a substantial portion of which was used by just five mega-banks to algo the markets up through high-frequency trading between EACH OTHER, a nifty little tactic wherein they trade back and forth various securities at higher and higher prices actually booking these transactions as profits for their firms. Not to mention skimming off even more by essentially front-running everyone else's trades using some highly sophisticated computer programs. 

Sure, eventually they'll have to settle their positions or off load them.  It must have given them quite a scare when somebody got nervous over the European situation and crashed the market almost a thousand points within minutes last Thursday, but again, so what?  Mommy Bernanke was there to save them.

The PPT  ---  http://en.wikipedia.org/wiki/Working_Group_on_Financial_Markets  ---  handled the whole thing just fine, Europe will now be sucked into this mess because they were stupid enough to take some handouts from the Fed and the IMF, meanwhile, whoever that Nervous Nelly was who tanked the market by trying to exit early, suitable punishments have already been planned for them by Bernanke and Co.

You can just picture how it probably played out on Thursday in your minds eye.....


And so it goes, one must ask what will it be next time, forty trillion, fifty trillion, a hundred trillion?  There's no longer any moral hazard, it's mark to fantasy, screw the fundamentals, algo all the way and damn the statistics....or at least fudge them so bad they no longer reflect reality.  What were those employment numbers for April, 102,000 right, (of which 66,000 were from the Census)? At least till the new "birth/death"  --- 
http://wallstreetpit.com/27318-fallout-from-the-crash-unemployment  ---  models were employed and than presto, now they're 290,000.

Probably they intend to model the whole thing after the market's last run-up. Algo it up out of the "V-formation", (done that already), let the markets drift up for two to three years at five to ten percent a year, selling the bulk of their crap as it does so to the general public, create a market peak for the suckers and their own shorts, crash it, and start the whole process all over again.

So what, who cares, it's working ain't it, as long as you can get access to the Fed's window for unlimited free credit what's your beef?

And if you can't, you don't really matter anyway. - mpg
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The Last Straw - A Personal Note
05-12-10
mpg

The people of this nation have demonstrably shown, by consistently voting for the DemRepubs and their policies, that they enthusiastically support Bernanke's and the Fed's gift of the public purse to endlessly shore up the securitized, financialized, sector of this society's economy on behalf of the tiniest fraction of those that own most of it.

That they are willing to dilute the dollars within their very own pocket's by allowing them to be printed without limit and handed over to those that already have most of them.  And that they have done this without protest or any demur whatsoever.

The people of this nation have also shown they enthusiastically support spending what little remains of the public treasury for torture, murder, endless wars, a militarized police state and a vicious sadistic, cancerous, sick and twisted attempt at a Neo-Roman empire.

As such, since they have repeatedly proven these are their most important priorities by their continuous votes for the status quo and by their lack of any effective opposition to the powers that be.  Since they have chosen to spend vast amounts of the public purse for the enrichment of the wealthiest few along with additional amounts to continue their nation's blood sports, how could this website editor, or any other person of good conscience for that matter, possibly support even more spending of the public's purse for charitable purposes on behalf of these very self same profligate, spendthrift and amoral people.

How could anyone advocate giving money to a people who are so inured to reality, so indifferent to others suffering, so blinded by greed, so bereft of morality, so willing to be propagandized by childish nonsense that they chose to give trillions of their own money to those who already have the bulk of this nation's wealth.

You can't, not in good conscience anyway, there simply isn't that much money -- or sympathy -- to go around.

As such, as a matter for the public record, and to clear the air on these issues, this website editor would like to make the following statement.

Other than supporting the single payer health care plan, and it's predecessor, Medicare (it is after all, efficient) along with the Social Security Trust Fund  (it is after all fully funded by the "people's money" for at least the next forty years)  this website editor states the following oath and affirmation....


What does this oath mean, it means if it turns out the depleted uranium wantonly scattered across the Middle East, or perhaps even the vaccines that hundreds of thousands of veterans were exposed to, suddenly turns out to cause cancer on a mass scale, and a hundred million dollar program could ameliorate their circumstances, this website editor would appose it. -- It means if this country does descend into a depression with a thirty percent unemployment rate, and emergency federal programs are implemented to stem mass starvation, this website editor will appose such  programs -- It means if an earthquake completely leveled the city of San Francisco, and the Federal government offered support, this website editor would appose all of it.-- It means total opposition to child care, education, school construction, VA benefits, disaster relief, homeless shelters, food for the needy, and the hundreds of other programs that are needed to comfort the afflicted, the powerless, the helpless and the hopeless.

One might ask how could anyone be so harsh?  This website editor's answer is simple, between the bail-out programs for the greedy and this nation's endless wars for empire this website editor estimates the people of this country have already spent, or borrowed during the last two decades alone, thirty five to forty five trillion dollars.  This sort of behavior has been going on for sixty long years and it's only getting worse.

In other words if you want charity, get it from Bernanke, get it from Wall Street, get it from Robert Gates, get it from the Pentagon, get it from the wealthiest one percent whom most of the people in this nation admire and want to emulate so much, those whom they have "serviced" so well.....because this website editor's all tapped out.

This does not mean this website editor would be uncharitable to Americans on an individual basis, those that actually have a conscience and voted for that conscience when they went to the polls.  In other words if you voted for a DemoRepub, don't come to this website editor for a handout.

Nor does this mean this website editor is uncharitable for those outside the Empire, far from it, this website editor is perfectly wiling to offer advice or advocate programs of charitable support, nation building, national reconstruction, share the wealth programs, for foreigners using their own money in any of the other 190 plus countries out there.

It's just that here in this country, advocating such efforts on behalf of a relentlessly servile population whose main goal in life appears to be to remain as uneducated and bigoted as possible, give their last few dollars to the wealthiest fraction of society, engage in vicious sadistic violence and dream endlessly of a New Roman Empire, would be a complete and utter waste of one's time.

Jesus himself could not come here and alter these people's mentality, they're beyond hope, beyond redemption or any possible reformation, they are lost in a sea of evil propaganda and have become a danger to themselves and the rest of the civilized world.

This is no longer a just society, or a moral society, or even a practicable society, if it ever was.  But what was once there, the attempt at civility, at community, at trying to tell the truth, at trying to better this nation, however imperfect these attempts may have been, are now gone.

They will not return.

After four and a half years of blogging, this website editor has finally come to realize that. - mpg
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Tuesday May 11th 2010 - links page

Monday May 10th 2010 - links page

Sunday May 9th 2010 - links page

"For us, it´s never enough to look at the narrow, national perspective.The Palestinian people is one of the worst examples of the double standards of morality of the world today. The occupying state is rewarded - with increased trade, with more military contacts, that it is now suggested that they will become members of the trade federation OECD. [...] This is a shame!"  -- *Lars Ohly*, Swedish Left Party Chair

Saturday May 8th 2010 - links page

Joe Lieberman introducing bill to strip suspected terrorists' citizenship
  ---  http://voices.washingtonpost.com/44/2010/05/joe-lieberman-introduces-bill.html
Must Read - (For the outrage!) -- A quote...."A day after suggesting that U.S. citizenship laws should be changed to strip American terrorists of their nationality, Sen. Joe Lieberman (I-Conn.) has introduced legislation to do just that. His bill amends existing law that revokes the citizenship of any American who joins a foreign military. -- "I'm now putting together legislation [so that] any individual American citizen who is found to be involved in a foreign terrorist organization, as defined by the Department of State, would be deprived of their citizenship rights," Lieberman told reporters Tuesday. "If you have joined an enemy of the United States in attacking the United States to try to kill Americans I think you sacrifice your rights of citizenship."

He means Israel right!?!?  If you support the terrorist state of Israel you'll be "stripped of your citizenship"....right?!?!  Less than a month after Israel proposed, and began to implement a plan, to deport  ---  http://socialistworker.org/2010/04/15/lockdown-deportation  ---  Palestinians   ---
http://www.jpost.com/Israel/Article.aspx?id=172917  ---  for totally arbitrary reasons and strip other Israelis of there citizenship,  ---  that sniveling, AIPAC butt-kissing, stealth Israeli Knesset member, piece of human garbage, proposes the same asinine policy for AMERICANS!!

Let this website editor clue every member of the Jewish Community in on this issue....there are about 5.5 million Jews living in this country of 320 million "citizens".  That makes the Jewish Community about 1.8 percent of the US-NRE's population.  Having one of "your" stalwart Zionists propose a plan to strip citizens in this country of their citizenship on behalf of another nation state's policies and programs  ---
http://www.reficultnias.org/mikesfiles/weblists/911-planningguidance-weblist-mpg-040409  ---  is not only counter productive, it could result in a SEVERE counter-reaction. - mpg - posted 05-06-10
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Friday May 7th 2010 - links page

That's a ridiculous suggestion and possibly even a deliberate act of  misdirection, Goldman is the one that helped CREATE this fiasco in the first place. It would not surprise this website editor to find out Goldman also "helped" Spain, Portugal, Italy and the other PIIGS just as they did Greece more than ten years ago, (per the ten year cycle) to conceal or structure their debts as part of a long term strategy to deliberately destroy the EU's currency union.

Besides, Goldman is buddy, buddy with Bernanke, half of their former employees are currently working FOR the Fed and the US-NRE's treasury.  (Or is it the other way around, the Fed and the Treasury have half of their former employees working for Goldman? It's just so hard to tell these days.) The Europeans would be complete and total IDIOTS to use Goldman a.k.a. "the font of world wide financial evil" to "help" them....again.

And please, let no one be distracted by that quite obvious and rather badly acted little Kabuki play Obama and Goldman recently staged for the benefit of the gullible public. Goldman is in the driver's seat.  Goldman is the linchpin of this whole endeavor, the "financial terrorist" planting their financial bombs within economic systems all over the world to reap their rewards and weaken their competitors once these bombs have exploded.  Competitors which now are not only nation states, but entire national economic unions.

This current crisis is precisely the reason why the US-NRE's government refused to reign in Credit Default Swaps or any of the other synthetic derivative products or financial instruments created by Wall Street's Bankster class.  CDS's and derivatives are the financial artillery, the financial weapons of mass destruction Goldman and the US-NRE's parasitic class intend to use to take down the EU and ANY OTHER group of nation states attempting to unite together to compete against the US-NRE's "reserve" currency.

Be it the CIS states,  ---  http://en.wikipedia.org/wiki/Commonwealth_of_Independent_States  ---  the SCO,  --- 
http://en.wikipedia.org/wiki/Shanghai_Cooperation_Organisation  ---  the South American Currency Union  ---
http://www.infowars.com/one-currency-for-south-american-union/  ---  the GCC's currency union,  ---  http://www.ameinfo.com/67925.html  ---   Asia's currency union,  ---  http://www.koreatimes.co.kr/www/news/opinon/2010/05/202_58134.html  ---  and many others.  No one will be allowed to threaten the US-NRE's monopoly over its "reserve" currency system of Neo-Roman tribute extraction.  The US-NRE's government,Goldman and a few other Banksters intend to make an "example" of the EU and anybody else that gets in their way.

We should all just call it the US-NRE's "Financial PNAC  ---  http://www.reficultnias.org/mikesfiles/weblists/911-planningguidance-weblist-
mpg-040409  ---  Protocol".  Its plans for Full Spectrum Financial Dominance.

Of course it isn't, the EU isn't going to let Goldman get favorable access to their treasury like Bernanke allows them, hell, if the EU goes ahead with this plan they'll be competitors to Goldman and the Fed., (i.e. the US-NRE's parasitic class). So it's absolutely not in Goldman's interest to recommend this plan.

Zero Hedge is wrong and Goldman is being highly disingenuous.  The EU has woken up and realized that the only way to compete in this global game of "rigged market capitalism and currency manipulation" is to do what Ben Bernanke has done. Create a level playing field where they get to fund their debt ponzi schemes as easily and quickly as the US-NRE's Bankster class.  Where they get to offer unlimited credit to their financial institutions so they can fairly battle the US-NRE's.

It's absolutely true of course that these policies won't work in the long run, (perhaps even the short run).  Expanding a fiat currency beyond the carrying capacity (the actual goods and services produced) of your economy never does, but it will SPOIL Bernanke's and Wall Street's greedy Bankster's advantage in leveraging the US-NRE's (and their) economic position higher using the US-NRE's reserve currency as the lever (just as the EU can now do) backed by a Central Bank which can issue bonds and swap assets around to hide as much risk as it sees fit. (something the EU CANNOT do....yet. Nor of course, should it).

However in the "long run" as one financial wit once said "we'll all be dead".  As will the EU if it doesn't halt the Banksters', now heavily armed with vast leverage by their lackeys in Washington DC, long planned series of coordinated financial attacks against the EU's countries.  And please, let no one pretend there's a "free market" out there.  What's being done to the EU is exactly what Enron did to California during the so-called "energy crisis".

So why not level the financial playing field, why should the EU remain unarmed and at the mercy of these financial predators.  Why would the EU allow itself to be forced to remain attached to that sinking vortex called the US-NRE's reserve currency? Why can't they FINALLY de-couple from the New Roman Empire? How could they in good conscience not defend themselves and their people against this sort of attack? No one should expect the EU  to just fold-up and let the IMF, the Banksters and Feds financially rape them as they have so many other "third world" countries during the last seventy years.

That would just be plain silly. - mpg

Thursday May 6th 2010 - links page

Obama: “Hello, Timmy WTF is going on?”
Timmy: “Savior, time for a miracle.”
Obama: “Call the boys”
Timmy: “We need Bennie to print up another $100 billion, and quick.”
Obama: ” Get the PPT on the horn. Buy, Buy, Buy. Holy shit. -300, -400, -600, -900″
PPT: ” Hey Savior. Back off on the SEC investigations and the financial regulations and we’ll buy.”
Obama: ” You win. Please, please, save my skinny half black ass!!!!!!”
PPT: ” OK. -700, -500, -300.
Obama: ” I gots to change my underwear.” - For more on the PPT click here
  ---  http://en.wikipedia.org/wiki/Working_Group_on_Financial_Markets