Tuesday September 21st 2010

The Future’s Not Ours -- and That’s Good News

Must Read - A quote...."Compare two assessments of the American future:  In the latest NBC News/Wall Street Journal poll in which 61% of Americans interviewed considered “things in the nation” to be “on the wrong track,” 66% did “not feel confident that life for our children’s generation will be better than it has been for us.” (Seven percent were “not sure,” and only 27% “felt confident.”)  But here was the polling question you’re least likely to see discussed in your local newspaper or by Washington-based pundits: “Do you think America is in a state of decline, or do you feel that this is not the case?” Sixty-five percent of respondents chose as their answer: “in a state of decline.” - also posted at WarIsACrime

The “Right Thing” in Iraq? - A Depressing Statistic - posted at ICH
Must Read -- A quote...."September 21, 2010 "Information Clearing House" -- When the intelligence community was unable to establish Iraq-al-Qaeda links of any significance, Wolfowitz appointed neocons Abram Shulsky and Douglas Feith to set up an “Office of Special Plans” (OFP) in the Pentagon to circumvent the intelligence professionals and manufacture evidence for Iraq-al-Qaeda ties, and for weapons of mass destruction. Virtually all the assertions they came up with (drones capable of delivering WMDs, mobile chemical weapons labs, al-Qaeda flight training center, Niger uranium purchase [which one former intelligence official attributes to neocon Michael Ledeen], sponsorship of the Islamist terrorist al-Zarqawi, etc.) were subsequently discredited. They were manufactured lies allowing Bush (in September 2002) to declare, “You can’t distinguish between al-Qaeda and Saddam." -- For more on Leo Strauss's "noble lies" see....US Fake Intel / Propaganda - Leo Strauss

How Dangerous Is Iran Really?
Must View Video - Alt - (YuTb - September 21, 2010) -- Source:  DrRonPaul2012 -- A quote...."(MSNBC) – Glenn Greenwald and Dylan Ratigan Discuss Neocon Warmongering for Attack on Iran" -- For more on the false charge of Iranian IED's in Iraq see....US Fake Intel / Propaganda - IED's & EFP's - For more on the false charge that Ahmadinejad made the statement "wipe Israel off the map" (a.k.a. Iraq's WMD's deux, a.k.a the same identical [expletive] all over again) see the following translations and interpretations....Wiki'Wiped off the Map' – The Rumor of the CenturyThe "Wipe Israel Off The Map" Hoax, George Galloway - Wiping Israel Off The Map? - video - (YuTb - 5min 17sec -  June 15, 2008) - Great Galloway video! -- For more on the Saudi Royal-Israeli-US-NRE "Axis of Evil" see....One Vile, Venom Tipped, Taloned Hand Washes the Other - (a.k.a. The Standard Model) - 07-28-10 - mpg

Challenging the Model of the North - Where is the World Economy Headed?
Must Read - A quote...."Today, financial maneuvering and debt leverage play the role that military conquest did in times past. Its aim is still to control land, basic infrastructure and the economic surplus – and also to gain control of national savings, commercial banking and central bank policy. This financial conquest is achieved peacefully and even voluntarily rather than militarily." - underline by website editor

[That is definitively, totally and utterly NOT TRUE. The US-NRE enforces its "currency sphere" through the use of unrestrained, barbaric and practically genocidal military force to obliterate national structures, impose huge and highly profitable debt loads on what's left, and time these merciless endeavors using its standard "ten year war cycle" for maximum profitability.  But other than objecting to this one glaring inaccuracy, this is a great article. - mpg]

"But the aim is the same: to make subject populations pay – as debtors and as dependent junior trade partners. Indebted “host economies” are in a similar position to that of defeated countries. Their economic surplus is transferred abroad financially, while locally, debtors lose sovereignty over their own financial, economic and tax policy. Public infrastructure is sold off to foreign buyers, on credit and therefore paying interest and fees that are expensed as tax-deductible and paid to foreigners."

The Emerging Global Fed
Must Read - A quote...."One of the most serious threats posed by a global central bank and world fiat currency is the fact that it would allow the emerging planetary regime to print its own money and finance its activities independently. That means wealth could be secretly siphoned away from all of humanity to pay for armies, tax collectors, courts, bureaucracies, law enforcement, wealth redistribution, propaganda, and much more. With no limits. But to advocates of such a system, that is one of its primary benefits." - bold by website editor - also posted at BLN

Prepare To Be Betrayed
A quote...."You might as well know right now, however, that the Tea Party, no matter how successful it is at the polls in November, will certainly betray the party of liberty. There are several reasons for this, but the fundamental one is intellectual. The Tea Party does not have a coherent view of liberty. Its activists tend to be good on specific economic issues like taxes, spending, stimulus, and health care. They worry about government intervention in these areas and can talk a good game." - For more on this issue see....The Tea Party - Another False Front
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We live in an extremely unbalanced world
Special Note - A quote...."Don’t you find it so disturbing when titles and awards are handed out to key figures around the world who have not earned their new found status? --  Barrack Obama as we all know received the Nobel Peace Prize soon after he took office and the whole word was asking why? --  It is a know fact that many people that are guilty of war crimes or who just happen to hold some very sensitive information are rewarded with a Knighthood to shut them up. --  The greatest insult to the ethical people that live on the planet was when Tony Blair received the Liberty Medal in recognition for his commitment to conflict resolution. President Bill Clinton, Chair of the National Constitution Center, awarded the prestigious medal to former Prime Minister Blair at a public ceremony on Monday, September 13, 2010 at the National Constitution Center (NCC) in Historic Philadelphia."

Condemned By Their Silence - posted at ICH
A quote...."September 21, 2010 "Information Clearing House" -- - There are literally millions of people across the world who are now involved in the intriguing case of Dr Aafia Siddiqui and they fall in to several categories."

Conspiracy documentary on 9/11 attacks will soon be India’s first e-film
A quote...."(DNAIndia) – Over the past few years, budding filmmaker and self-proclaimed social activist, Xahid has been poring over 9/11 literature, news reports and TV clips in order to cull material for his documentary, 9/11 T-error: The Biggest Lie of the Century. Touted as India’s first e-film, the 75-minute documentary will only be released over the internet." - Source:  DNA India

Senator Graham promises terrorist attack
False Flag Alert - War Alert -- “There’s going to be an attack. That’s going to be the impetus. That’s going to be what it takes to get Congress and the administration talking; we have to get hit again,” the senator said, suggesting that passing a bill before that happens might be more reasonable than what would come afterward." - Paragraph quoted from BLN - underline by website editor

Newly Disclosed Documents Shed More Light on Early Taliban Offers, Pakistan Role - posted at ICH
A quote...."September 21, 2010 "Information Clearing House" -- U.S.  government documents obtained through the Freedom of Information Act (FOIA) and recently posted on the website of the George Washington University National Security Archive shed some additional light on talks with the Taliban prior to the terrorist attacks of September 11, 2001, including with regard to the repeated Taliban offers to hand over Osama bin Laden, and the role of Pakistan before and after the attacks.[1]"

The Iraq Surge in the Neo-Con Imagination -- The Myth That Kills
A quote...."If you’re like me, you can barely make it through a David Brooks column. Should you arrive at the bitter end, your face is screwed up--like you were sucking lemons or whiffing a fetid odor--in a painful mix of disbelief, consternation, and sadness at the waste of prime op-ed real estate. Most days you quickly move on to whatever’s next, and your face slowly relaxes to normal." - also posted at Uruknet

"Conservatism" Has Turned Into "Crackpotism"
A quote...."I'm at a loss for words, so I need your help. -- Not so long ago, Republican officeholders in our country were conservatives, a political philosophy which literally encompasses the notion of conservation. Those Republicans wanted to conserve important things – like the public infrastructure, the rule of law, public education, and even our environment. During the last 30 years, though, voters in the GOP's primaries systematically culled these classic conservatives from office...."

Reality Report #62 – Homeland Security Targets Activists
Video - Alt - (YuTb -  14min 47sec - September 21, 2010) - lonelantern -- A quote...."In this edition of the Reality Report, Gary Franchi blows the lid off the Pennsylvania DHS list targeting activists. He also sits down with Arizona State Senate Libertarian Candidate Andrea Garcia to talk about her race for the Senate seat. Obama gets schooled during his own Town Hall meeting on CNBC, and we have the video. Nina breaks down the headlines including who is funding the Ground Zero Mosque and how the U.S. is in bigger debt than the Government is letting on. She also plays the controversial video of the middle school students praying at a Mosque during a field trip and reports on a new tax concept being proposed in the UK. The viewers brand a new “Enemy of the State” and the mailbag is sifted."
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9 NATO troops killed in copter crash in Afghanistan - link posted at ICH
A quote...."KABUL, Afghanistan —  A NATO helicopter crashed Tuesday in southern Afghanistan, killing nine international troops in a region where forces are ramping up pressure on Taliban insurgents. It was the deadliest chopper crash for the coalition in four years. -- A "large number" of Americans were among those who died, according to a senior military official in Washington, who spoke on condition of anonymity because not all relatives had been notified. He said it remained unclear whether troops of other nationalities were among the fatalities. -- The cause was not immediately clear. The Taliban claimed to have shot down the helicopter, but NATO said there were no reports of hostile fire."  --  Once sophisticated anti-air and long-range anti-armor missiles start appearing in the Middle East, the neo-colonial fantasies that some imperial powers have been dreaming of lately will quickly turn into highly expensive nightmares.  Especially if other countries, or perhaps some of the resistance movements, develope the ability to manufacture man-portable anti-air and anti-armor missiles themselves. - mpg

Helicopter crash makes 2010 the deadliest year for Afghanistan occupation troops
Related Article - A quote...."The death of nine American soldiers in a helicopter crash Tuesday in southern Afghanistan has made 2010 the deadliest year yet for the US-led occupation forces."

All 9 killed in Afghan crash are American-US official
Related Article - A quote...."21 Sep 2010 All nine of the NATO troops killed in a helicopter crash on Tuesday in southern Afghanistan were Americans, a U.S. defense official told Reuters. The NATO-led force had not previously disclosed the nationalities of the victims."

Evidence: ‘Serious Fraud’ in Afghan Election
A quote...."Though publicly officials are continuing to call Saturday’s election a massive success,  internal reports from the Independent Election Commission (IEC) emerged today pointing to strong evidence of “serious fraud” in the vote."

Afghan reporter arrested for talking to the Taliban
Press Censorship Alert - A quote...."The Associated Press reports  that Afghanistan reporter Rahmatullah Naikzad, a freelancer who contributes video to the AP and also works for Al Jazeera's Arab language service, was arrested by a NATO forces in the troubled province of Ghazni yesterday."

Experts See Iran Sanctions Accomplishing Little
A quote...."US officials are continuing to make much of the “success” of the sanctions against Iran, but according to a number of experts they are actually accomplishing very little and probably will not do so in the future."

Nationwide Parades Held in Iran to Mark Start of Defense Week
A quote...."TEHRAN (FNA)- The Iranian Armed Forces staged military parades all throughout the country on Wednesday to mark the start of the Week of Sacred Defense, commemorating Iranian sacrifices during the 8 years of Iraqi imposed war on Iran in 1980s."

After False Promises, the Heat Is On
A quote...."More than seven years into the U.S. occupation, most Iraqis lack electricity, leading to demonstrations in towns and cities across the country. -- "The big problems began in 2003 with the occupation of Iraq," 61-year-old Hashim Mahdi told IPS in Baghdad. "The occupiers destroyed all the institutions and the country's infrastructure, including power plants. More than seven years later there is no improvement." -- Like other Iraqis, Mahdi agreed there had been infrastructure problems before the U.S. occupation, due to Iraq's war with Iran, and then the U.S. bombing campaigns throughout the 1990s that targeted power plants. But after those attacks, the former regime was able to get the electricity supply restored. -- The problems since 2003 have been far worse." --  Iraqis should just take the US-NRE and every official involved in the "supreme international crime of a war of agression" to court for trillions of dollars in reparations.  Ninety five percent of the world's nations and community would back them. - mpg

Iraq and Turkey embargo export of Kurdish oil
Special Note - A quote...."Iraqi Kurds will not be able to ship oil to the outside world without central government’s approval, according to a new deal the Oil Ministry has signed with Turkey. -  Under the agreement Turkey will not allow the flow of Kurdish oil via joint pipelines passing through its territory unless authorized by the Iraqi government."

Turkish president to urge Mideast nuclear-free zone at UN summit
A quote...."Turkish President Abdullah Gül said he will call for a Middle East totally free of nuclear weapons when he addresses the U.N. General Assembly later this week. -- "We would like to see our region free of nuclear weapons," Gül told The Associated Press in an interview on Monday. "The region should not be under such a threat." - One wonders what country he's talking about.  Hint to you readers out there, it's not Iran, and it's not even Pakistan. - mpg

Hundreds protest in Cairo against 'hereditary' president
A quote...."CAIRO - Hundreds of people gathered in central Cairo on Tuesday, amid tight security, to protest against the rumours that Egyptian President Hosni Mubarak's son Gamal will succeed him." - Ahhhhhh, isn't nepotism such fun? Must be more "ol'dat dare free-dumb and da'mockery" the US-NRE has brought to the ENTIRE Middle East. - mpg

The Soviet Fleet's white elephant: The Dmitry Donskoy turns thirty
A quote...."On September 23 1980, a cutting edge Soviet nuclear ballistic missile submarine set out from the Severodvinsk shipyards. The lead vessel of the Soviet third generation Project 941 Akula class (NATO reporting name Typhoon) of ballistic missile submarines, better known to readers by its nickname, the Dmitry Donskoy, was unique in many ways. It was designed as the world's largest submarine, and its displacement of nearly 50,000 metric tons put it in the same class as battleships and aircraft carriers, the largest warships ever."

No Happy Ending in Honduras
A quote...."The Central American nation's woes continue to rage despite Secretary of State Clinton's insistence to the contrary." - also posted at CommonDreams - For more on this issue see....US support Death Sqds - Hideous Hillary's Happy Honduran Hit Squads
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More On The Palestinian Situation....

Freedom Flotilla Survivors Lead New Convoy
Contains Video - Alt - A quote...."Two survivors from the Israeli assault on the Mavi Marmara are leading the Viva Palestina convoy to break the siege of Gaza. Nicci Enchmarch and Kevin Ovenden were both aboard the Mavi Marmara when it was attacked by Israeli military navy in the early hours of 31st May."

Settlers [Illegal Israeli Squatters] Steal Olive-Crops In Northern West Bank; Troops [Thugs] Open Fire At Gaza Farmers -- A quote...."Nablus\Gaza – PNN – a number of villagers from Burin, near Nablus in northern West Bank, were injured during clashes with Israeli settlers on Tuesday midday. -- ImageThe tension in Burin started when a group of armed Israeli settlers stormed villager’s lands and started to harvest olives owned by villagers . Witnesses said that Israeli police and soldiers arrived after the clashes lasted for one hour then forced villagers and settler[s] off the land."

Jerusalem: Israeli Authorities Demolish A Farm And Bulldoze Lands
A quote...."Maysa Abu Ghazaleh - Jerusalem \PNN – the Israeli Nature Development Authorities demolished on Tuesday a Palestinian owned farm and bulldozed farmlands in East Jerusalem."

Palestinian killed in Jerusalem clashes
A quote...."JERUSALEM - A Palestinian was shot dead by an Israeli guard in east Jerusalem on Wednesday during clashes between Israeli settlers and Palestinians, police and witnesses said."

BDS: Boycotting Apartheid
Boycott, Divest and Sanction the ENTIRE state of Israel!!  Because if people can't do something as easy and simple as a boycott, to prevent something as horrible and abhorrent as ethnic cleansing and possible genocide, when WILL they do something?? - mpg -- The Boycott, Divestment and Sanctions campaign moves ahead in Washington, California, British Columbia, Harvard and Brown Universities, and the Netherlands, notes Eric Walberg - For more on how to Boycott, Divest and Sanction the state of Israel see the upper-left-corner of the "Front Page" of this website.  - also posted at OnlineJournal
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Keiser Report №79: Currency Wars Break Out
Must View MKVideo - Alt - (MKRTYuTb - 26min 38sec - September 21, 2010) - Source:  RussiaToday - Producer:  Max Keiser TV -- Quote of the Day...."Max's answer to Stacy's question of why he's been telling the world to buy gold...."Well, because the global banking system is in free-fall!  It's a catastrophe!  It hit "peak credit" in 2007, they tried to jam 750 trillion dollars worth of derivatives into a global economy that was only about fifty trillion in size.  It's like a fois gras farm where they stuff the goose or the duck with all the grain and the liver expands and the than goose DIES!!  In this case the global economy is DYING and the result is the golden egg, the golden egg, the golden goose egg, is popping out of the....cookoo!"

Is America Today In Worse Shape Than Japan During Its Lost Decade?
Special Note - A quote...."As I noted last year...."

"Our savings is ... dramatically lower than Japan's when that country entered into its Lost Decade. So the Japanese were much better prepared than we are."

"(I also noted that we're in worse shape than America was going into the Great Depression ... but that's another story). -- Now, BIS - the central banks' central bank - agrees that Americans are in worse shape than the Japanese. -- Specifically, a new BIS paper written by Shinobu Nakagawa (Director, Head of Investment and Market Research, International Department, Bank of Japan) and Yosuke Yasui (International Department, Bank of Japan) concludes that Japan was better able to weather the Lost Decade than the U.S. is able to weather our current economic woes, given three differences between the two cultures...."

The US Has No Chance of Option 1… So That Leaves Options 2 or 3
Special Note- Chart - A quote...."The big financial myth-buster of the week is that the alleged deleveraging of the US consumer has in fact been a giant myth. According to the Wall Street Journal, if you account for defaults, US consumers have only pared down their debts by an annual rate of 0.8% since mid-2008." -- For more on this issue see the article shown below....

Debunking The Great Myth Of US Consumer Deleveraging, Or Why The US Economy Will End Not With A Whimper But A Bang -- Must Read - Chart -- A quote...."By now everyone 'knows' that the US consumer is hunkering down, paying down debt and performing other mythological tasks. Alas, as the WSJ points out today, this is not exactly true... In fact not true one bit. The reality is that over the past two years, US consumers have not been deleveraging as a voluntary act of eliminating debt, but have been actually aggressively leveraging more and more until the bank providing them credit puts them into involuntary bankruptcy, cutting off the money spigot. This is a startling realization, confirming that the average American is actually hyperleveraging to the point where all available credit is forcefully eliminated by a lender institution!" - posted 09-18-10

Moody's Forecast for Housing and the Economy: Dim - link posted at ICH
A quote...."The analysts at Moody’s Investors Service are downbeat in their outlook for both the U.S. economy and the housing market. In the agency’s ResiLandscape  report issued last week, they warn that there’s a stronger chance the country will slide back into a recession, and they are forecasting a “longer and deeper housing correction.”

Golden State Home Sales Continue Downward Spiral  - link posted at ICH
A quote...."August home sales in California were down 2.7 percent from July and 14 percent from a year ago, MDA DataQuick recently reported."

State unemployment: Jobs picture gets worse in 27 states
A quote...."A total of 27 states reported higher unemployment rates in August, nearly double the 14 that saw increases in July, the Labor Department said in its monthly report on state unemployment Tuesday." - bold by website editor

Gold surges to record, US dollar drops
A quote...."Gold surged to a record, extending its rally, as the dollar's drop spurred demand from investors for wealth protection. Silver advanced to a 30-month peak and platinum to the highest level since May." - Source:  Pravda

How Brazil Can Defend Against Financialization
A quote...."The post-1945 mode of global integration has outlived its early promise. It has become exploitative rather than supportive of capital investment, public infrastructure and living standards."

Monday September 20th 2010

The hate mongers among us -- Part 3: The use of pliable and reliable assets to advance a narrative
Must Read - A quote...."Many of America’s most prominent political leaders were induced to comment on “International Burn A Koran Day” -- a high profile provocation proposed by a Christian-Zionist preacher with a small congregation in a small town in Florida. -- When U.S. General David Petraeus spoke out against the proposal, the issue immediately gained an international profile, as did Pastor Terry Jones who quickly became an international celebrity. -- One need not dig deep to identify who may have advised General Petraeus to grant a global profile to a provocation consistent with Israeli goals for the region." -- Part 1 & Part 2

The Phantom of Terrorism and the Rise of the Police State
Must Read - A quote...."According to Maidhc Ó Cathail, Michael Chertoff, a Zionist faithful and the head of the Justice Department’s criminal division before and after 9/11, might have been behind the deportation for “immigration violations” of the 200 Israelis arrested for “suspicious activities.” Citing the DEA report, Ó Cathail writes: “These Israeli ‘art students’ had ‘recently served in the Israeli military, the majority in intelligence, electronic signal intercept, or explosive ordnance units’.”  ---  Quoting Antiwar.com editor and the author of The Terror Enigma: 9/11 and the Israeli Connection Justin Raimondo – “the probability that these are graduates of the Mossad School of Art … is certainly high” – Ó Cathail concludes that as Benjamin Netanyahu stated a day after the attacks of 9/11, “the deaths of almost 3,000 Americans was ‘very good’ for Israel.”  “The mass murder was very good for an emerging sector of the Israeli economy” – Israel’s “homeland security.”  ---  Naomi Klein, in her July 2, 2007 article “Laboratory for a Fortressed World,” connects the boom in some sectors of Israeli economy to the events of 9/11: “Within three years, large parts of Israel’s tech economy had been radically repurposed.  … Israel now sends $1.2 billion in ‘defence’ products to the United States – up dramatically from $270 million in 1999.  In 2006 Israel exported $3.4 billion in defence products – well over a billion more than it received in U.S. military aid.”

American Public Opinion and the Special Relationship With Israel - posted at ICH
A quote...."September 19, 2010 "Information Clearing House" -- There is no question that the United States has a relationship with Israel that has no parallel in modern history. Washington gives Israel consistent, almost unconditional diplomatic backing and more foreign aid than any other country. In other words, Israel gets this aid even when it does things that the United States opposes, like building settlements. Furthermore, Israel is rarely criticized by American officials and certainly not by anyone who aspires to high office. Recall what happened last year to Charles Freeman, who was forced to withdraw as head of the National Intelligence Council because he had criticized certain Israeli policies and questioned the merits of the special relationship."

Martin Peretz: editor of New Republic and agent of Israel
A quote...."Lawrence Davidson profiles Martin Peretz, the editor-in-chief of the New Republic. “Martin Peretz is a good example of that subset of Americans whose single-minded dedication to Israel makes them ... agents of a foreign power. Indeed, in his willingness to pronounce his affection in the most indiscrete way, Peretz can be seen as their spokesman.” - also posted at AlethoNews

The Zionist Strategy of Demonizing Islam
A quote...."On August 4, 2010,  Rabbi Michael Lerner, editor of Tikkun Magazine and chair of the Interfaith Network of Spiritual Progressives, published an article in Sabbah Report, entitled “Shame on ADL for Opposing Mosque 2Blocks from Ground Zero.” -- Rabbi Lerner’s position on the ADL’s (Anti-Defamation League) objection to building an Islamic Community Center in Manhattan, near Ground Zero is praiseworthy.  But his interpretation of ADL’s reasons for resisting such a project lacks insight.  ADL leader Abe Foxman’s statement: “In our judgment, building an Islamic Center in the shadow of the World Trade Center will cause some victims more pain – unnecessarily – and that is not right,” spells out the real reasons behind the decision.  That decision cunningly reinforces the notion that Muslim fundamentalists were behind the attacks of 9/11 – a position also perpetrated by the architects of those attacks." - also posted at AlethoNews
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Film: War by Deception
Must View Video -- One of the BEST summations of what really happened during the last ten years this website editor has ever seen!! -- WbD(1/11) - WbD(2/11) - WbD(3/11) - WbD(4/11) - WbD(5/11) - WbD(6/11) - WbD(7/11) - WbD(8/11) - WbD(9/11) - WbD(10/11) - WbD(11/11)  ||  (YuTb - 10m - September 18, 2010) - Source:  Rys2sense -- A quote...."Iraq, 911, PNAC, Anthrax, what the media won’t report." - For more on this entire issue see....One Vile, Venom Tipped, Taloned Hand Washes the Other - (a.k.a. The Standard Model) - 07-28-10 - mpg - For more on 9/11 see....Reficultnias's 9/11 Central - For more on Saddam's Statue, see....US Fake Intel / Propaganda - Saddam's Statue - For more on the anthrax attack see....US False Flag Ops - Anthrax Attack

Sahar TV Interview -- Dr. Alan Sabrosky on 9/11 and Beyond
Video Interview - AS(1/3) - AS(2/3) - AS(3/3) -- A quote...."Dr. Alan Sabrosky in a recent interview on Sahar TV, marking the 9th  Anniversary of the tragedy, once again challenges the truth of the official US Government Truth Commission and reiterates and re-affirms his earlier positions, among others that  “….WT7 was absolutely a controlled demolition job…and if one of them was, then all three were”

Letter containing white powder sent to Turkish Embassy
Israeli False Flag Alert - A quote...."Firefighter teams specializing in handling dangerous substances dispatched to Turkish Embassy in Tel Aviv to check suspicious letter. Last week, similar envelopes sent to three other embassies in city  20 Sep 2010 An envelope containing white powder was sent to the Turkish Embassy in Tel Aviv on Monday, prompting the arrival of rescue forces including firefighter teams specializing in dangerous substances to the site. A preliminary inquiry suggested that embassy staff opened mail bags at noon and found a "heavy" letter. An unidentified white powder was found inside the envelope."

Trans-Afghanistan Pipeline Still a Dream - Presidents and Bankers, But No Action on the Ground
Special Note - A quote...."KARA-TEPE, AFGHANISTAN - There is no pipeline. There probably won't be one. Yet the pipeline-that-will-never-exist is one of the main reasons that hundreds of thousands of Afghans and two thousand American soldiers are dead."

Twenty-First Century Energy Superpower - China, Energy, and Global Power
Must Read - Geo-Political Alert - A quote...."    If you want to know which way the global wind is blowing (or the sun shining or the coal burning), watch China.  That’s the news for our energy future and for the future of great-power politics on planet Earth.  Washington is already watching -- with anxiety. -- Rarely has a simple press interview said more about the global power shifts taking place in our world.  On July 20th, the chief economist of the International Energy Agency (IEA), Fatih Birol, told the Wall Street Journal that China had overtaken the United States to become the world’s number one energy consumer.  One can read this development in many ways: as evidence of China’s continuing industrial prowess, of the lingering recession in the United States, of the growing popularity of automobiles in China, even of America’s superior energy efficiency as compared to that of China.  All of these observations are valid, but all miss the main point: by becoming the world’s leading energy consumer, China will also become an ever more dominant international actor and so set the pace in shaping our global future." - bold by website editor - also posted at CommonDreams

Photoshopped Evidence in JIG Final Report on the Sinking of the ROK Cheonan
Special Note - A quote...."Striking new evidence shows that the Joint Investigation Report on the Sinking of the ROK Cheonan, the 300+ page final report by the Joint Investigation Group, has been tampered with and in fact a key picture of the evidence was actually photoshopped by the Joint Investigation Group to fit a drawing of the CHT-O2D torpedo." -- For more on this issue see....US-False Flag Ops - The Cheonan

End the Silence on the Longest War in U.S. History
A quote...."Nine years ago, in the immediacy of the 9-11 disaster, many of us knew that our society would never be the same.  The next day, Muslim men were being rounded up and detained, without charges.  Immediately, U.S. troops were on the way to Afghanistan.  --  Within weeks, the USA PATRIOT Act was passed with lightening speed, paving the way for a juggernaut of war and repression."
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Debunking the Department of Justice's Hit Piece, Part 1
Special Note - A quote...."You were taught that the United States Constitution written by our Founding Fathers was the most important document regarding individual freedom ever written in the history of mankind, followed only by the Magna Carta. You believe that the Constitution set up a central government with limited powers, and that the powers not listed in the Constitution was left for the states and the people who make up the states.  You believe that the powers of the central government were limited and that the powers of the individual states were indefinite, to quote James Madison.  You believe that the first Ten Amendments, known as the Bill of Rights, gave to each citizen rights given to them by their Creator that no government led by man can take away.  --  That is why The Powers That Be hate you.  --  They hate our Constitution.  They hate our Bill of Rights.  They hate our freedoms, and they are doing everything they can to take these away from us." - also posted at DProgram

Shut Up! You’re Disturbing the Elite
Special Note - A quote...."Somewhere in America; a young man wearing an “End the Fed” T-shirt stands alone—across the street from a Federal Reserve Bank—shouting the prophetic words of Thomas Jefferson through an amplified bullhorn...."

“If the American People allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the People of all their Property until their Children will wake up homeless on the continent their Fathers conquered.”

"Many passersby snicker while others stop to stare.  A marked police cruiser pulls to the curb and demands that the young man leave the public sidewalk.  He reminds the officer of his first amendment right of free speech and peaceful assembly.  The officer reminds him that he couldn’t care less.  He pulls a Taser from his utility belt and fires two probes into the boy’s chest—sending him to the ground—where is subdued, and then loaded into the backseat of the cruiser before being hauled away. -- Among the gathering crowd, few gasp in disbelief but are afraid to say a word.  Others point and laugh while the rest join in a morbid cacophony of cheers and applause." - also posted at DProgram

IG: FBI Gave Inaccurate Statements Claiming Terror Link to Anti-war Rally - posted at ICH
A quote...."September 20, 2010 "AP" - -The  FBI gave inaccurate information to Congress and the public when it claimed a possible terrorism link to justify surveilling an anti-war rally in Pittsburgh, the Justice Department's inspector general said Monday in a report on the bureau's scrutiny of domestic activist groups. -- Inspector General Glenn Fine said the FBI had no reason to expect that anyone of interest in a terrorism investigation would be present at the 2002 event sponsored by the Thomas Merton Center, a nonviolent anti-war and anti-discrimination group." - For more on this issue see....The Nation's Privy Cleaners - 04-26-10 - mpg

Report: FBI tailed Iowa groups
A quote...."IOWA CITY, Iowa (AP) — New FBI documents show agents did extensive surveillance of Iowa City protest groups before the 2008 Republican National Convention in St. Paul, Minn. — including documenting the comings and goings of activists."

Homeland security releases new funds to Jewish non-profits
A quote...."The Department of Homeland Security released $19 million to secure non-profits, the vast majority Jewish. -- Of 271 institutions named in a list released this week by DHS, 254 are Jewish, including synagogues, schools, community centers and offices. -- The funds were released as part of a congressionally mandated program in place since 2005 that targets institutions that are vulnerable to attack." - bold/underline by website editor - Remember folks, members of the "Jewish Community"  comprise LESS THAN 3% of the US-NRE's entire population. - mpg
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The Progressive Dilemma - posted at OnlineJournal
Special Note - A quote...."A self-described representative democracy in which the only two political parties are both funded and controlled by elite corporate interests is a contradiction in terms. Control of the population through government propaganda and a monopoly corporate media have made the domination of the American working class and poor by the wealthy corporate elite consensual. The enormity of the crime against true democratic values is so complete that substantive reform of the present system is an impossibility. -- A dilemma is a situation in which one is forced to choose between equally distasteful options. That has always been our consignment as Americans when we venture to the polls (either vote for a wishy-washy Democrat or let the even worse Republican win). Every two year, we are told that the fate of our democracy rests on our decision. Well it doesn’t because we don’t have a democracy, representative or otherwise. We have a plutocracy (rule by the wealthy). Our two political parties answer out of necessity to the corporate world. No one represents the people and the monopoly corporate media will not allow for a discussion of democratic alternatives." - also posted at AlethoNews

"Poll After Poll Shows That Both National Parties Are Deeply Unpopular With An Electorate Looking For Something New And Different"
  -- Special Note - A quote...."As I noted a year ago...."

"Famed trend forecaster Gerald Celente is predicting that a third party candidate will be elected President in 2012...."

"The willingness of Obama/Emanuel so blatantly to disappoint those to whom they promised so much (especially young and first-time voters who were most vulnerable to Obama's transformative fairy dust) will lead them either to support a third party or turn off from politics altogether."

Tea With Frankenstein: Please, No Masturbation - posted at ICH
Special Note - Satire - A quote...."The new batch of Republican monsters includes a candidate – now the official Republican nominee for the United States Senate from Delaware, mind you – who has staked out a tough position against – no, I’m not kidding here – masturbation. -- Christine O’Donnell once averred that “The Bible says that lust in your heart is committing adultery. So you can't masturbate without lust.” -- And why the hell not? Surely the reason that our country has so rapidly fallen into decline is that god is punishing America because so many of us are jerking off all the time. -- You know who you are. -- Oh, and did you hear that she was once a witch? That she believes that scientists have bred mice-men with human brains? That she has no job? And that – despite running on a platform of cleaning up Washington’s fiscal disaster – she has a train wreck for a record of her personal finances? -- I’m not kidding. Remember way back when – like, you know, yesterday – when you would have accused me of bad comedy writing for making such things up? Guess what? None of these are. -- America, this is you, 2010. Kinda makes you pine for the good ol’ days of the thirteenth century, doesn’t it?" -- For more on the "Tea Party" see....How About a "Justice Party"? - 04-23-10 - mpg

Take a Second Look at Christine O’Donnell
Special Note - Related Article - A quote...."WARNING:  I’m going to be cruel. -- Christine O’Donnell’s victory in the Delaware Republican primary may not be cause for celebration.  A Christine O’Donnell in Washington may just mean one more vote for endless war in the Middle East."

Who’s picking up the tab for the tea party?
A quote...."The tea party movement may have genuine grassroots. But just beneath the surface are professional fund-raisers, foundations, and political action committees – some of which have been around for years – pushing a conservative-libertarian agenda." - For more on this issue see....The Tea Party - Another False Front
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War Is Murder
Must Read -- A quote...."Well, it sure is murder for our boys in desert cammy. Five of our finest are now charged with running an unauthorized hit team, targeting random Afghan civilians for a little stress-relieving target practice. What’s the problem here? The CIA has been doing this for years with its own militarized groups. The DoD is doing this with its own special forces. Xe and other contractors do this with the holy blessing of both DoD and CIA. The President and the Congress have authorized this kind of thing, separately and together. Obama even asserted that he is comfortable and righteous in his role as decider-in-chief on which American citizens may live or die. -- I just don’t get the outrage. There should be none, given the public adoration of Petraeus and anyone else "serving his or her country" in uniform."  ---  "But today, we speak of murder. Coldblooded, just for fun, gangland-style, trophy-hunting, punch drunk, hilarious murder. -- And predictably – the Army cannot explain how the lack of a strategic or even clearly tactical mission in Afghanistan and Iraq has created a stagnant spreading cesspool where soldiering ethics are slowly churned and degraded until our own people don’t know up from down. The Army brass promotes Afghan "democracy" and "voting" and bemoans the fact that this bit of bad news (along with untold murder of Afghans, Pakistanis, Iraqis, and Yemenis as ordered) somehow detracts from Washington’s Overall Successful Occupation.

The "obscenity" of comparing Americans to "killers and terrorists" - Article also posted at ICH
Special Note - A quote...."In a Twitter exchange I had with him, Bouie argued that the number of innocent civilians killed is not the only factor determining one's immorality.  That's true, but it's certainly one factor:  a very important one.  But move beyond numbers.  As I documented in my original argument, The Nuremberg Trials established the proposition that "aggressive war" -- which is what the attack on Iraq unquestionably was -- is the supreme crime ("The central crime in this pattern of crimes, the kingpin which holds them all together, is the plot for aggressive wars"), and a central purpose of the Tribunal was to deter future "aggression by any other nations, including those which sit here now in judgment."  And Sullivan himself has repeatedly compared America's torture regime to the Gestapo system and others used by history's most monstrous regimes both in terms of tactics and justifying rationale ("The question Americans have to ask themselves is why they hold the former president and vice-president to lower moral and ethical standards than the United States once held the Gestapo").  Given all of that, what's the basis for the claim that it's wildly inappropriate to compare Americans responsible for such crimes to "killers and terrorists"?"

US-led strike kills 70 in Afghanistan
A quote...."A US airstrike has reportedly left 70 people dead in southeastern Afghanistan as the war-ravaged country votes to elect a new parliament."

U.S. 'death squad' mutilated Afghan civilians for sport: report -  Troops accused of keeping skull, bones as trophies
A quote...."KABUL - Five U.S. soldiers who formed a "death squad" go on trial this month for the murder and dismemberment of Afghan villagers. -- A U.S. military investigation reported the group randomly targeted civilians for sport. In one incident, a soldier is alleged to have thrown a grenade to feign an ambush as a pretext to shoot dead an innocent villager." - also posted at Uruknet

Fraud, violence and mass abstention: Election debacle in Afghanistan
More "ol'dat dare free-dumb and da'mockery" New Roman Empire style.....mpg - A quote...."Saturday’s parliamentary election in Afghanistan was a predictable debacle, characterized by widespread fraud and violence, and largely boycotted by the Afghan population. Officials of the US-dominated government of President Hamid Karzai said 3.6 million people cast ballots, far below the 6 million ballots claimed for last year’s presidential election, which was rigged to ensure Karzai’s reelection."

U.S. Air War Soars in ‘Post-Combat’ Iraq - And the killing goes on, and on, and on....
A quote...."Combat operations are officially over in Iraq. But don’t tell the U.S. Air Force, which is still flying tens of thousands of missions over Iraq."
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Iran on Verge of Potential US-led War: Top IRGC Commander
Quote of the Day...."Deputy Commander of the IRGC, Major General Gholamali Rashid, said a US-led warmongering against Iran should not be taken lightly since ‘daily beating of war drums’ have in the past led to aggression against other countries in our region including on Afghanistan, Iraq, Lebanon and Gaza. ‘Under current threatening conditions when the US and Israel are daily beating on their war drums, it would not be an exaggeration to say that we are on the verge of a potential war in the [near] future.’ Iran’s Press TV reported Gen. Rashid as saying."

Iran to Equip Armed Forces with New High-Precision Missiles
A quote...."TEHRAN (FNA)- Iranian Defense Minister Brigadier General Ahmad Vahidi announced on Sunday that the country's Armed Forces will soon be equipped with the third generation of high-precision Fateh missiles."

Iran calls for intl. pressure on Israel
A quote...."Establishing a world free of nuclear weapons is one of the Islamic Republic of Iran's priorities," Head of the Atomic Energy Organization of Iran (AEOI) said at the IAEA General Conference in Vienna on Monday. -- "Achieving this objective entails pursuing the three pillars of the NPT, disarmament, non-proliferation and the realization of the undeniable right to use peaceful nuclear energy," IRNA quoted Salehi as saying."

Iran urges IAEA to redeem reputation
Related Article - A quote...."In a live Press TV interview, Head of Iran's Atomic Energy Organization Ali Akbar Salehi strongly criticized the International Atomic Energy Agency (IAEA) for adopting an "unprecedented" approach, exclusively in monitoring Iran's nuclear program. -- "Over 5,000 man-days of inspections have been made on Iran's nuclear installation. This is unprecedented in the history of the IAEA," said Salehi after attending the 54th General Conference of the IAEA."
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Syrian-Iraqi relations start to thaw
A quote...."DAMASCUS - For the first time since millions of Iraqi refugees began pouring into Syria after the war of 2003, the Iraqi government has developed a sudden interest in their livelihoods. Last week, it announced that in coordination with the Syrian Red Crescent and the United Nations High Commissioner for Refugees, Baghdad would distribute US$2.9 million to approximately 14,000 refugee families residing in Syria."

Sweden faces hung parliament
A quote...."Sweden faces a hung parliament as a far-right party has secured seats for the first time, denying the ruling coalition an outright majority."

Polish court frees Chechen separatist leader wanted by Russia
So much for the so-called war on terror.  What a joke it all is. - mpg -- A quote...."Chechen separatist leader Akhmed Zakayev walked out of a Polish court on Friday evening several hours after he was arrested at Russia's request. -- Polish prosecutors asked the Warsaw District Court to extend Zakayev's arrest for 40 days but their petition was rejected." - also posted at WarInIraq

Poland's bid to reroute Nord Stream pipeline to fail - CEO
A quote...."There is no chance that Poland's demand to participants in the Nord Stream project to change the route of the pipeline will be met, the CEO of the Nord Stream AG consortium said in an interview with Russian business daily Kommersant."

Uzbek president wants international investigation into Kyrgyz violence
A quote...."Uzbek President Islam Karimov called on Monday for an international investigation into the violent clashes between Kyrgyz and ethnic Uzbeks in the south of Kyrgyzstan in June, an Uzbek Foreign Ministry spokesman said."

Chavez wants a break from U.S. meddling. Can you blame him? - also posted at ICH
A quote...."September 19, 2010 "Information Clearing House" -- - Most  people know that Iran, Russia and Venezuela all have vast oil reserves. And, they also know that Hugo Chavez, Vladimir Putin and Mahmoud Ahmadinejad are on Washington's "enemies list".  So, why is it so hard for them to connect the dots?  Can't they see that the media only demonizes the leaders that stand in the way of the corporate agenda?  If Iran's biggest export was pistachios (rather than oil), no one in America would have ever heard of Ahmadinejad. Instead, every time poor guy makes the slightest miscue, his face is splashed across the front pages of US newspapers."
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Israeli Officials Vow Arms Sales to Russia’s Enemies
The ONLY THING that gets the Israelis' attention is if you allow a tribe, people or nation to defend themselves against Israel's barbarity and constant war mongering. - mpg -- A quote...."Israel’s ability to actually follow through with revenge arms sales seems unclear, however, as Russia doesn’t really have a lot of enemies with which it is liable to go to war with at any given time. The only obvious candidate would be Georgia, but both Israel and the US had been arming Georgia for years,  and it doesn’t seem like it is even theoretically possible for the two to arm the tiny nation enough that it poses a threat to Russia itself." - also posted at WarInIraq

Russia: We will provide Syria with advanced missiles, despite Israel, U.S. protests
A quote...."Russia plans to go ahead with its sale of advance anti-ship rockets, state news agency RIA Novosti quoted Russian Defense Minster Anatoly Serdyukov as saying on Friday, despite recent attempts by U.S. and Israeli officials to thwart the planned deal. -- The P-800 Yakhont supersonic cruise missile. -- The deal involves the sale of advanced P-800 Yakhont supersonic cruise missiles to the Syrian military, weaponry which Israel considers as capable of posing significant danger to its navy vessels in the Mediterranean Sea." -- Source:  Haaretz

Netherlands bars Israeli mayors of West Bank settlements from taking part in Dutch study trip
A quote...."JERUSALEM — An Israeli mayors group said Sunday that the Dutch government refused to let heads of West Bank settlements take part in a delegation of mayors in the Netherlands. -- The Dutch Foreign Ministry said the government was not involved, and the decision to bar the settler mayors seemed to have been made solely by a group called the Association of Dutch Cities. Nonetheless, the barring of the settler mayors is part of a widening circle of protests against Israel over its settlement policy."

Israel’s foreign minister demands Arabs be stripped of citizenship
A quote...."TEL AVIV // Israel’s foreign minister demanded yesterday that some of Israel’s Arab citizens be stripped of their citizenship and transferred to a future Palestinian state. -- In comments that infuriated Arab Israeli legislators, Avigdor Lieberman, the head of the ultra-nationalist Yisrael Beitenu party, said the country’s borders should be redrawn to exclude any Israeli Arab who does not recognise Israel as a Jewish state. Israel’s Arab minority makes up about one-fifth of the country’s population." - also posted at Uruknet

Israel Floats Idea of Swapping Settlement Freeze for US Spy - Obama Approached 'Discreetly and Unofficially'
OH MY GOSH!!  There are Israeli spies in the US-NRE, who would av'thunk it, aren't we allies together, don't they wuv us??  THIS, by the way folks, is getting completely ridiculous!  - mpg -- A quote...."The massive unpopularity of the prospective partial settlement freeze is severely straining Israel’s right-far-right coalition government. If there is one thing the far right factions like its settlements in the occupied territories. But they’re also big fans of spying.  --  Which is the genesis of the latest cockamamie scheme by the Netanyahu government to make the peace talks in the West Bank about everything but the occupation of the West Bank. According to Israel’s state-run Army Radio, the Netanyahu government is “discreetly and unofficially” approaching the Obama Administration about the trade: spy for freeze."
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More On The Palestinian Situation....

Some Killing More 'Moral' Than Other - Article also posted at ICH
Special Note - A quote...."RAMALLAH, Sep 18, 2010 (IPS) - Controversy is building up over a 91-year-old man, his 17-year-old grandson and a 20-year-old neighbour, all farmers, who were killed by Israeli shelling and gunfire as they tried to tend their land 700 metres from northern Gaza's border with Israel."

IOF Extra-Judicially Execute Palestinian Activist in Nour al-Shams Refugee Camp East of Toulkarem
Special Note - A quote...."On Friday dawn, 17 September 2010, the Israeli Occupation forces (IOF) committed a new extrajudicial execution crime in Nour Shams refugee camp, east of Tulkarm. This crime claimed the life of Eyad Asa'ad Ahmed Abu Shilabaya, 38, an activist of Hamas movement. The Israeli military spokesman claimed that soldiers opened fire at Abu Shilabaya as they realizes that he "was posing a threat to their lives." He stated that Abu Shilabaya who is "wanted" continued to walk towards the soldiers while putting his hands behind his back although the soldiers asked him to stop. According to the military spokesman's claims, the soldiers were afraid and opened fire accordingly. After checking the body of Abu Shilabaya, it was found out that he did not have any weapons. Investigations conducted by the Palestinian Centre for Human Rights (PCHR) revealed that the crime was committed in a bedroom with a single door. Blood was just in front of the bed, only approximately one meter far from the door. Such findings refutes the Israeli military spokesman's claims." - also posted at IP-MsngHdlns

Who does Mahmoud Abbas represent?
Special Note - A quote...."Mark Perry  reports on the latest incident in the West Bank which indicates that the Palestinian acting president, Mahmoud Abbas, can now only impose his authority by force." - also posted at AlethoNews

Hamas' Mesh'al lays out new policy direction
Special Note - A quote...."Since 1996, Khaled Mesh'al has been the Chairman of the Islamic Resistance Movement (Hamas) Political Bureau. After the assassination of Hamas leader Abdul 'Aziz Rantisi in 2004 by Israeli forces, Mesh'al became the movement's overall leader. He lives in exile in Damascus, from where he oversees the movement's activities both within Palestine and outside."

Hamas: We agreed in the past to state within '67 borders
Special Note - A quote...."Hamas  sent messages to the US government in the past stating that the movement does not oppose the formation of a Palestinian state within the 1967 borders with Jerusalem as its capital, Israel Radio reported on Monday, quoting the group's Gaza leadership. -- According to the report, Hamas's Gaza leadership also requested to begin a dialogue with the United States." - For more on this sort of issue see....Talking Implies Nothing!! - 08-25-10 - mpg

Weekly protests continue across Palestine
A quote...."On Friday, 17 September 2010, the people of Bil’in were joined by Israelis and Internationals to protest against the theft of land and the imprisonment by Abdullah and Adeeb Abu Rahma, Ibrahim Burnat and other political prisoners from Bil’in. The demonstration went on for one and a half hours and was met with large amounts of tear gas and rubber-coated steel bullets. After initially firing tear gas from the military base and road, soldiers came through the gate and chased the protesters back towards the village."

IDF still using banned weapon against civilian protestors
A quote...."The Israel Defense Forces continues using the Ruger 10/22 rifle to disperse protests even though it has been prohibited by the military advocate general, a hearing at a military court revealed last week. A brigade’s former operations officer told the court he wasn’t even aware of the prohibition."

IOF troops detain 5 demonstrators including journalist
A quote...."AL-KHALIL, (PIC)-- Israeli occupation forces (IOF) quelled on Saturday the Beit Ummar, Al-Khalil district, weekly march protesting the confiscation of the village land to build the "separation wall"."

Settlers uproot 100 grape trees east of Hebron
A quote...."HEBRON (Ma’an) -- Several Israeli settlers uprooted approximately 100 grape trees in the Al-Buera village in the southern West Bank district of Hebron on Monday, owners of the grape plantation said."

PA official: [Israeli] Settlers [land theives] harvest [steal] Palestinian olives
A quote...."NABLUS (Ma’an) -- Israeli settlers began harvesting Palestinian olives on Monday in the northern West Bank district of Qalqiliya and Nablus, a Palestinian Authority official said."

Israel Denies Gazans Access to Their Own Land and Waters
A quote...."Throughout 43 years of occupation, Israel has waged war on Palestinians' human rights and civil liberties, a new UN report providing more evidence that keeps mounting exponentially, adding clarity about an out-of-control rogue state operating lawlessly." - also posted at Uruknet - For more on the three articles shown above see....Israel's Scorched Earth

Israeli probe acquits policeman who killed handcuffed Palestinian in Tel Aviv
A quote...."OCCUPIED JERUSALEM, (PIC)-- An Israeli police investigation unit has acquitted an Israeli policeman who killed a Palestinian after conducting an investigation it claims proves the shooting was not deliberate, an informed Israeli source said." -- also posted at Uruknet

'Largest flotilla yet' en-route to Gaza
A quote...."Ships from Britain, Morocco, Qatar to rendezvous in Syria, sail toward el-Arish Port in northern Sinai Peninsula; activists plan to enter Gaza through Rafah Crossing, deliver humanitarian aid."
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BIS' Report On The Irreconcilable Differences Between The US And Japanese Household
Charts - (click to enlarge) - You gotta love the "distribution of net worth by income quintile" pie chart folks, which by the way is from 2004, everything since than has gotten much, MUCH, worse.  If you don't realize you're a serf-peon-peasant -- soon to be slave -- when you look at that chart, than you're probably part of the "one percent" slave-holding class and don't really give a sh-t. - mpg -- A quote...."The compare and contrast between Japan and the rest of the developed world is a topic that will only get more and more attention as increasingly more pundits debate America's plunge into a deflationary spiral (sorry, with $2.1 trillion in shadow debt evaporating YTD, it is inevitable. It is the economy's reaction to the Fed's response, i.e., the nuclear option, at that point that is the topic of most contention - whether it will rekindle hyperinflation or have no impact on the deflationary collapse into a Keynesian black hole). The latest to chime in, interestingly, is the all important Bank of International Settlements."

CREDIT BUBBLE BULLETIN - Competitive monetization
A quote...."It is worth noting that the backdrop going into the Greek crisis was one of rampant speculation. Global risk markets were at the time a full year into a historic rally. Importantly, the leveraged speculators were at the time pressing bets on the "global reflation trade". The world was positioned for a weak dollar and inflating prices for most currencies, commodities and securities markets. Complacency was running high, with the view that global policymakers were firmly in control and that economic recovery was assured. -- The rapidly escalating European debt crisis, sinking euro (spiking dollar) and dislocation in the credit default swap market back in late-April caught the speculating crowd positioned poorly for the abrupt reversal in global markets. While there's no way of knowing how the leveraged players are positioned these days, one would assume that the crowd has been dispersed and the amount of risk and leverage meaningfully reduced."

Fractional Reserve Banking
A quote...."Banking is a particularly arcane part of the economic system; one of the problems is that the word "bank" covers many different activities, with very different implications. During the Renaissance era, the Medicis in Italy and the Fuggers in Germany, were "bankers"; their banking, however, was not only private but also began at least as a legitimate, non-inflationary, and highly productive activity. Essentially, these were "merchant-bankers," who started as prominent merchants. In the course of their trade, the merchants began to extend credit to their customers, and in the case of these great banking families, the credit or "banking" part of their operations eventually overshadowed their mercantile activities. These firms lent money out of their own profits and savings, and earned interest from the loans. Hence, they were channels for the productive investment of their own savings."

Fear of Basel III
A quote...."The Global Too Big To Fail Banks are so precarious that literally anything can trigger a collapse in the coming months. Every central banker and regulator involved in Basel III should be lined up against the wall and be shot! -- I have read recent commentaries on Basel III posted to various renowned websites and financial publication, but they missed (or deliberately misled) the underlying message of the proposals, the implementation of which will be delayed till 2017 and some till 2019. -- Basel III is pure spin and its timing was to assuage the deep-seated fears that there are no solutions in sight to save the fiat money system and fractional reserve banking." - Source:  Future Fast Forward

OECD lowers US growth forecast
A quote...."The Organization for Economic Cooperation and Development (OECD) has revised down its forecast for US economic growth this year to 2.6 percent from 3.2 percent."  Make it sub 1.5% for the whole year with Q4 being in negative territory. - mpg

U.S. homebuilders' confidence stuck at 18-month low
A quote...."Homebuilders' confidence in the housing market stayed this month at the lowest level in 18 months, and more worry that the traffic of potential buyers is falling. -- The National Association of Home Builders said Monday that its monthly index of builders' sentiment was unchanged in September at 13. The index has now been at the lowest level since March 2009 for two straight months."

Nevada unemployment rises to all-time high 14.4 percent
A quote...."Neither a boost in private-sector hiring nor a shrinking labor force could rescue Nevada from yet another unemployment record in August."

Even the Little Guy Now Realizes that the Stock Market is Gamed, And Many Are Pulling Out Entirely
As I noted in January:  Joseph Stiglitz says that Wall Street is hyping up the economy to sell more stock. -- Has it worked? -- Well, the stock market certainly has rocketed up from its March lows. -- But many investors are still avoiding equities. -- As Vincent Deluard - a strategist for TrimTabs Investment Research (25% of the top 50 hedge funds in the world use research for market timing) - says..."

"We've never seen this before – such a huge rally, and the little guy is out."

"In other words, the stock market rally is due almost entirely to hedgies, pension funds, banks and other institutional investors, and not every day investors." -- also posted at BLN

Recession over? Who cares?
A quote...."WASHINGTON (MarketWatch) — The great recession is one for the history books, according to the academics whose job it is to peer back into the past. -- According to the private National Bureau of Economic Research, the recession ended in June 2009. That’s the month the U.S. economy began to expand again after 18 months of decline. It was the longest recession since the 43-month recession that began in 1929 and ended in 1933. Read our full story on the NBER’s statement on the recession." - bold by web site editor -- That's RIGHT folks, the last time a "recession" like this happened,  economists called it as being over in 1933....almost smack dab in the middle of the Great Depression. - mpg
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Sunday September 19th 2010

No posts. - mpg

Saturday September 18th 2010

Imperialism and Imperial Barbarism
Must Read - (Absolutely Outstanding!!) - Some Quotes of the Day...."While US empire building converted to militarism, China accelerated its turn toward economic  imperialism.  Their foreign policy was directed toward securing raw materials via trade, direct investments and joint ventures.  It gained influence via heavy investments in infrastructure, a kind of developmental imperialism, stimulating growth for itself and the “host” country.  In this new historic context of global competition between an emerging market driven empire and an atavistic militarist imperial state, the former gained enormous economic profits at virtually no military or administrative cost while the latter emptied its treasury to secure ephemeral military conquests. -- The conversion from economic to militarist imperialism was largely the result of the pervasive and ‘deep’ influence of policymakers of zionist persuasion.  Zionist policymakers combined modern technical skills with primitive tribal loyalties.  Their singular pursuit of Israel’s dominance in the Middle East led them to orchestrate a series of wars, clandestine operations and economic boycotts crippling the US economy and weakening the economic bases of empire building."

"The organizing principle of imperial barbarism is the idea of total war.  Total in the sense that (1) all weapons  of mass destruction are applied; (2) the whole society is targeted; (3) the entire civil and military apparatus of the state is dismantled and replaced by colonial officials, paid mercenaries and unscrupulous and corrupt satraps.  The entire modern professional class is targeted as expressions of the modern  national-state and replaced by retrograde religious-ethnic clans and gangs, susceptible to bribes and booty-shares.  All existing modern civil society organizations, are pulverized and replaced by crony-plunderers linked to the colonial regime.  The entire economy is disarticulated as elementary infrastructure including water, electricity, gas, roads and sewage systems are bombed along with factories, offices, cultural sites, farms and markets."

also posted at VeteransToday & ThePeoplsVoice & AlethoNews & GlobalRsrch & DProgram & PoliticalTheatrics & EurasiaReview & ICH & OrwellsDreams & DissidentVoice & Shoah

For more on this issue see....One Vile, Venom Tipped, Taloned Hand Washes the Other - (a.k.a. The Standard Model) - 07-28-10 - mpg --  See also....The Method - 05-07-07 - mpg  --  See also....911, Power Elite, and Al-Qaeda - posted 09-17-10

9/11 Experiments – The Arbitrator of Competing Hypotheses
Must View Video - Alt - (YuTb - 9min 57sec - May 12, 2010) - Source:  physicsandreason -- A quote...."Any theory that does not match experiment is wrong. It doesn’t matter what the computer models predict, how much funding is behind it, what the experts say, or what everyone “thinks”. Nothing can fool the laws of physics."

The Age of Government Terror Apocalypse Then And Now
A quote..."On the day after 9/11 newspapers across the world published the most heart-dropping headlines in our lifetime. England's Daily Mail wrote in big capital letters: "APOCALYPSE."  Was it over the top? At the time, yes, but, in retrospect, it was a fitting description of the fear-ridden world that the 9/11 attacks gave birth to; a world that matures at the expense of freedom, truth, peace, and justice."

The "Cool Hand Luking" of America
A quote...."You gonna get used to wearin' them chains afer a while, Luke. Don't you never stop listenin' to them clinking. 'Cause they gonna remind you of what I been saying. For your own good. " -- And don't you ever question the 'official' 9/11 story. A lot of time, money and effort went into that false flag act of supreme terror and Boss Man ain't gonna let you escape his decades long planned 'Wars for Wall Street and Israel.'"

[US] Taxpayers Funding Israel Database Of American Citizens

A quote...."Did you know that attending a meeting to organize a bake sale for new band uniforms can put you on a terrorist watch list?  You don’t have to join a peace group or protest oil drilling to be considered dangerous.  The Commonwealth of Pennsylvania hired ITRR, the Instititute of Terrorism Research and Response, a Jerusalem based company owned by the Mossad and tied directly to the Israeli Ministry of Defense to track “dissidents” and “activists.”  In the process, they managed to find the most dangerous terrorist organization of all, the governor’s own non-profit organization, one supporting school funding initiatives.  From ITTR’s website:" - also posted at MyCatBird'sSeat

Harah!: Israeli Company Hired by State Government to Spy on Pennsylvanians and Other Americans
Related Article - A quote...."The surprise disclosure that the Commonwealth of Pennsylvania, through its state Homeland Security Agency, along with a number of local police departments in the state, have been employing a private Israeli security company with strong links to Mossad and the Israeli Defense Force grows increasingly disturbing when the website of the company, called the Institute of Terrorism Research and Response, is examined."

Americans Renew Call for Third Party
Chart - Psssssssssssst!!  That's easy folks, just don't vote for a Demo or Repub this November election, and YOU'LL GET YOUR WISH!! - (assuming the votes are accurately counted) - mpg -- A quote...."PRINCETON, NJ -- Americans' desires for a third political party are as high as they have been in seven years. Fifty-eight percent of Americans believe a third major political party is needed because the Republican and Democratic Parties do a poor job of representing the American people. That is a significant increase from 2008 and ties the high Gallup has recorded for this measure since 2003."
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Another rigged election in Afghanistan
A quote...."Today’s elections in Afghanistan for the 249-seat Wolesi Jirga, or lower house of parliament, are a travesty of democracy. The poll further discredits the puppet regime of President Hamid Karzai, who was re-elected last year on the basis of widespread fraud." - also posted at Uruknet & BFTME

Ballot-stuffing witnessed amid troubled Afghanistan vote
Related Article - A quote...."As Afghans voted Saturday, a reporter in Wardak Province spoke to an election worker about how his team had set out to stuff ballot boxes. The widescale fraud in Wardak may speak to troubles in the broader Afghanistan vote."

Al Maliki in secret visit to Syria
A quote...."Iraqi Prime Minister Nuri Al Maliki made a secret visit to Syria last Saturday and met with Syrian President Bashar Al Asad, Cabinet spokesman Ali Al Dabbagh told Al Bayyina Al Jadida Newspaper."

Shanghai Cooperation Organization set to tackle Central Asian problems
A quote..."Kazakhstan is currently hosting the joint anti-terrorist military exercise Peaceful Mission-2010 involving about 5,000 officers and men from five Shanghai Cooperation Organization (SCO) countries, namely, Kazakhstan, China, Kyrgyzstan, Russia and Tajikistan, in addition to more than 300 pieces of military equipment." - also posted at BLN

Serbia wants to begin constructing South Stream onshore section by 2013
A quote...."Serbia is planning to beсome the first European country to begin constructing an onshore section of the South Stream gas pipeline, designed to transport Russian gas to western Europe, by the end of 2012, the head of the country's state-run Srbijagas company said on Saturday."

South Stream to be built as quickly as Nord Stream - Putin
A quote...."The South Stream pipeline will be constructed as quickly as Nord Stream, Russian Prime Minister Vladimir Putin said on Friday at a meeting with the members of Valdai international discussion club."

Mi-8 helicopter
InfoGraphics

Venezuela Receives First Installment of $20 Billion Chinese Loan
A quote...."CARACAS – President Hugo Chavez said his government has received a first installment of a $20 billion Chinese loan that Venezuela will repay with oil."
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‘The Transparent Cabal’
PTVVideo - From the History File - January 05, 2010 - Alt - (PTVYuTb -  6min 52sec - 01/05/10) -- Source:  PressTVGlobalNews -- A quote...."In the author’s own words, “The Transparent Cabal  examines a controversial, and in some respects, taboo subject: the role of the neoconservatives as the fundamental driving force in the Bush administration’s war on Iraq in 2003 and the subsequent militant American policy in the Middle East, and the neocons’ close relationship with the Israeli Likudnik Right. It marshals extensive evidence to illustrate that this foreign-policy blunder—of colossal proportions from the perspective of the American national interest—stems from the fact that the policy, pushed by the neoconservatives, was created to enhance the interests of a foreign country, namely Israel." -- "The Transparent Cabal: The Neoconservative Agenda, War in the Middle East, and the National Interest of Israel" - [GoglBkSrch] also at Diesel, Brns&Knbl, ShpngCom, Amozn

The State and Local Bases of Zionist Power in America
From the History File - August 31, 2010 - (previously posted) -- A quote...."There are at least 52 major American Jewish organizations actively engaged in promoting Israel’s foreign policy, [read essay here-PDF] economic and technological agenda in the US (see the appendix). The grassroots membership ranges from several hundred thousand militants in the Jewish Federations of North America (JFNA) to one hundred thousand wealthy contributors, activists and power brokers in the American Israel Public Affairs Committee (AIPAC). In addition scores of propaganda mills, dubbed think tanks, have been established by million dollar grants from billionaire Zionists including the Brookings Institute (Haim Saban) and the Hudson Institute among others."

South African hospital chain charged in organ trafficking case
A quote...."JOHANNESBURG—A major South African hospital chain and its chief executive have been charged after years of investigation into a human organ trafficking case that stretched from Israel to South Africa to Brazil, hospital officials and police said Thursday. -- Police spokesman Vish Naidoo said 11 suspects were ordered to appear in court in November. He refused to name them, but the board of directors of the Netcare hospital chain said in a statement that the parent company, its chief executive officer, Dr. Richard Friedland, and its subsidiary in the eastern province of KwaZulu-Natal received subpoenas on Wednesday." - bold by website editor - For more on this sort of issue see....Israeli Organ Thefts
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More On The Palestinian Situation....

PCHR: Israeli Attacks Left Four Palestinians Killed And Five Injured This week
A quote...."PCHR\Gaza - PNN - This week the Israelis military killed 4 Palestinian civilians, including an old man and two children, and wounded 3 others and a resistance activist in the Gaza Strip. Israeli troops wounded a fourth civilian in the West Bank. The Palestinian Center for Human Right reported in its weekly report."

UN agencies: Palestinian children denied education
A quote...."BETHLEHEM (Ma'an) -- The new school year saw 40,000 children turned away from classrooms in Gaza and more than 10,000 children in the West Bank return to school in tents, caravans and tin shacks, UN agencies say." - also posted at IP-MsngHdlns -- All part of Israel's plans, gotta keep them ignorant Palestinians....well....you know....ignorant. - mpg

IOA isolates Jerusalem suburbs from holy city
A quote...."OCCUPIED JERUSALEM, (PIC)-- The Israeli occupation authority (IOA) started to build new huge cement blocks on the entrance to Ras Khamis suburb and Shufaat refugee camp in central occupied Jerusalem in preparation for isolating them completely from the holy city."
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Debunking The Great Myth Of US Consumer Deleveraging, Or Why The US Economy Will End Not With A Whimper But A Bang -- Must Read - Chart A quote...."By now everyone 'knows' that the US consumer is hunkering down, paying down debt and performing other mythological tasks. Alas, as the WSJ points out today, this is not exactly true... In fact not true one bit. The reality is that over the past two years, US consumers have not been deleveraging as a voluntary act of eliminating debt, but have been actually aggressively leveraging more and more until the bank providing them credit puts them into involuntary bankruptcy, cutting off the money spigot. This is a startling realization, confirming that the average American is actually hyperleveraging to the point where all available credit is forcefully eliminated by a lender institution!"

Economic crisis threatens to unleash global currency wars
Special Note - Some quotes...."Two events this week have highlighted the growth of global economic tensions and the slide toward international trade and currency wars.  On Wednesday, Japan unilaterally intervened in currency markets to drive down the exchange rate of its currency by selling an estimated 1 trillion yen (worth some $20 billion). The move, the first such intervention by Japan in more than six years and the country's biggest ever one-day currency action, breached a tacit agreement among the established industrial powers to avoid unilateral currency moves."  ---  "The following day, US Treasury Secretary Timothy Geithner testified in two separate congressional hearings on Chinese currency policy and demanded that Beijing allow its currency to rise faster and more steeply, tacitly threatening retaliatory action if the Chinese regime refused to do so." - also posted at CounterCurrents

Central Banks Cut Holdings of U.S. Agency Debt by 7% This Week
Related Article? - A quote...."Central banks outside the U.S. are among investors that cut holdings of debt from government- related companies including Fannie Mae and their mortgage bonds by $57 billion in a week, according to Federal Reserve data."

Gold Rebounds, Dollar Plummets, Higher Inflation is on its Way..
Related Article? - A quote..."Gold has again broken out to new highs and silver is on the cusp of doing so as well. Unfortunately more than 95% of the pundits were not on board; they believed it was going lower. -- The fight for monetary supremacy between the dollar and gold for over the past 16 months has been won by gold and that is why gold is moving higher and the dollar lower. The recent intervention in the currency markets by Japan, ostensibly to weaken the yen, assisted by the US and foreign central banks, won’t strengthen the dollar for any appreciable period of time. The US dollar has broken down and there is no going back." - also posted at DProgram

Percy Schmeiser vs Monsanto: The Story of a Canadian Farmer’s Fight to Defend the Rights of Farmers and the Future of Seeds -- A quote...."Gathered here in Bonn this week are some eighty Right Livelihood Award laureates, including the Canadian farmer Percy Schmeiser, who has battled the biotech giant Monsanto for years. When Monsanto seeds blew into Schmeiser’s property, Monsanto accused him of illegally planting their crops and took him to court. Ultimately his case landed in the Canadian Supreme Court. He was awarded the Right Livelihood Award in 1997 for fighting to defend the rights of farmers and the future of seeds. [includes rush transcript]" -- ||  Real Video Stream  ||  Real Audio Stream  ||  MP3 Download  ||  More…  || 

Friday September 17th 2010

911, Power Elite, and Al-Qaeda
Must Read - Basically, the last forty years in a nut-shell. - mpg -- A quote...."The threat of communism, considered the greatest enemy of the US, was used to justify the huge military budget that sustained the military industry and American economy. After the collapse and capitalization of communist Soviet Union the American administration could not justify the huge military budget; there are no more enemies to be afraid of. Also the American economy could not depend on selling the expensive American products to WWII devastated countries any longer. The war had destroyed the industries of these countries. Yet they have now rebuilt their industries and their products exceeded similar American products in reliability and most importantly in price. -- The American economy had suffered a lot and the status of the US as the strongest economical and military country in the world was threatened. Something needed to be done to regain this status." - also posted at DProgram

Signs of a Rift Between U.S. Politicians and U.S. National Security? - The Hate Mongers Among Us: Part 2 - Part 1 -- Must Read - A quote...."September 17, 2010 "Information Clearing House" --  Even with the media support required to sustain hate in plain sight, today’s background chatter suggests that those worried about U.S. national security are at work in the shadows to counter the influence of the Israel lobby. -- If so, that is good news — for the United States." - also posted at OnlineJournal

America's Decoupling from Reality - posted at ConsortiumNews
Must Read - A quote...."As Election Day 2010 approaches – as the United States wallows in the swamps of war, recession and environmental degradation – the consequences of the nation’s three-decade-old decoupling from reality are becoming painfully obvious." - also posted at AlethoNews & ICH & CommonDreams

Circle Jerks: Delaware Distraction Obscures Oval Office Atrocities
Must Read - A quote...."It's true that O'Donnell has taken the politically risky step of denouncing America's national pastime -- masturbation -- and has, over the years, supported any number of positions that put her on the far side of common sense. But one struggles in vain to find that she has advanced anything remotely as radical -- or lunatic -- as the idea that the President of the United States is some kind of intergalactic emperor who holds the power of life and death over every living being on earth in his autocratic hands. Yet this is precisely the position proclaimed -- openly, before Congress, God and everybody -- by the highly educated, intellectually sophisticated, super-savvy Laureate of Peace currently residing in the White House. -- This same president has also fought tooth and nail -- often in open court -- to shield torturers, escalate pointless wars of aggression, relentlessly expand a liberty-stripping Stasi-style security apparatus, give trillions of tax dollars to rapacious financiers, health-care corporations, insurance companies and bloodstained war profiteers, while launching cowardly drone missile attacks on the sovereign territory of close ally, killing hundreds of civilians in the process - and has just signed off on the biggest arms deal in history with one of the most viciously repressive tyrannies on earth." - also posted at OpEdNews

Introducing the Definitive List of the Remaining Prisoners in Guantánamo
A quote...."Over the next month, in an attempt to focus attention more closely on Guantánamo, and on the remaining prisoners who are held there, I’ll be publishing an eight-part series of articles (in conjunction with Cageprisoners, for whom I work as a Senior Researcher), telling, for the first time, the stories of the 176 men who are still held." -- For more on this issue see....9/11-Iraq-Torture Fables - Updated!
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The Military Drills of September 11th: Why a New Investigation is Needed
From the History File - September 27, 2007 -- A quote...."We bring to the attention of our readers this carefully researched analysis. -- "Given the warnings of incipient terrorist attacks that had been repeatedly received by the Administration and the FBI, why would anyone coordinate two major annual air training exercises at this time, and divert key resources to the North Pole on an outdated mission? Who was in a position to do this?" -- The 911 Commission carefully overlooked these considerations. "It ignored the issue of the drills and continuously pointed to FAA incompetence.  Thus the the mock live hijackings which were apparently in progress on the morning of September 11th should be investigated as a plausible explanation for why the national defense was such an abysmal failure." -- For more on this issue see....9/11-NORAD - Exercises on 9/11 - Updated !!

How NORAD Radar Screens Displayed False Tracks All Through the 9/11 Attacks
From the History File - Thursday 08/12/2010 - 6:04am -- A quote...."Military personnel responsible for defending U.S. airspace had false tracks displayed on their radar screens throughout the entire duration of the 9/11 attacks, as part of the simulation for a training exercise being conducted that day. Technicians at NORAD's Northeast Air Defense Sector (NEADS) were still receiving the simulated radar information around the time the third attack, on the Pentagon, took place. Those at NORAD's operations center in Cheyenne Mountain, Colorado, were still receiving it several minutes after United Airlines Flight 93 apparently crashed in rural Pennsylvania." - also posted at BeforeItsNews - For more on this issue see....9/11-NORAD - Exercises on 9/11 - Updated !!

Is This How NORAD Was Duped?
From the History File - October 6th 2007 - A quote...."I suggest you keep these facts in mind as you read the following article:  
For more on this issue see....9/11-NORAD - Exercises on 9/11 - Updated !!
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9/11 - From The History File...Attack Warnings - People Who Avoided the Airlines and the Twin Towers
9/11 widows react to Rice's testimony - vid - Alt - (MSNBCTV 1m28s 4/8/2004)
Public Officials Warned - article list
Willie Brown got low-key early warning about air travel
Mayor Willie Brown Contradicts Earlier Statements About 9/11 No Fly Warning
Condoleeza Rice Warned Willie Brown Not To Fly On 9-11 - artcl - resc list
Mayor Willie Brown Confronted by Philly 9/11 Truth about Pre-9/11 Warning
contains video - Alt - (BlipTv - 10min 32sec - 02/25/2008)
Condoleeza Rice Warned Willie Brown Not To Fly On 911
Newsweek: Pentagon Generals Cancel Travel Plans One Day Before 9/11/01
Context of 'September 10, 2001: US Generals Warned Not to Fly on . - timeline
Ashcroft Flying High - Cabinet Members Normally Fly Commercial Airlines

For more on this issue see....9/11 - Early Warnings - Precautions -- New Weblist!!
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WTC Building 7 Press Conference on 9/11/2010
A quote...."(AvalonRoundTable) – There is no doubt that 9/11 Truth  is gaining ground. During the 9/11 Weekend a large group of courageous Americans gathered at the site of Building 7, World Trade Center, New York. The Press Conference was covered by Gary Franchi of Restore The Republic, lonelantern on YouTube  and Realityreport.tv -- Two of the main speakers were 9/11 Family Member Manny Badillo and Architect Richard Gage, founder of Architects & Engineers for 9/11 Truth, the group that presented factual evidence that conclusively determines that Nano-Thermite was present in the dust from the destruction of the 3 WTC Towers. This evidence is proof of a controlled demolition which the government has covered up for 9 years by not allowing a True Investigation with Subpena Power to Investigate the Biggest Crime of the Century – [videos] Part One & Part Two -- also posted at DProgram

Pepe Escobar's classic Fifty questions on 9/11
From the History File - First Posted Sep 18, 2009 - ATimes - A quote...."It’s September 11 all over again – eight years on. The George W Bush administration is out. The “global war on terror” is still on, renamed “overseas contingency operations” by the Barack Obama administration. Obama’s “new strategy” – a war escalation – is in play in AfPak. Osama bin Laden may be dead or not. “Al-Qaeda” remains a catch-all ghost entity. September 11 – the neo-cons’ “new Pearl Harbor” – remains the darkest jigsaw puzzle of the young 21st century." - also posted at 9/11Blogger & RupeeNews & PakDefense

Massive Recycling of Middle East Oil Revenues Toward US Weapons Producers - [and US-NRE bonds]
A quote...."WASHINGTON: U.S. President Barack Obama's administration will soon notify Congress of plans to offer advanced military aircraft to Saudi Arabia in a massive deal worth up to $60 billion, congressional sources said September 13. -- The officials, speaking on condition of anonymity because the transaction has not yet been formally announced, confirmed a Wall Street Journal report about the deal but warned that key U.S. lawmakers would block the move. -- "You can fully expect that a hold will be placed on this deal," thought to be the largest ever arms sale of its kind, said a senior congressional source." -- Now we get to see who, and what, is more powerful in the US-NRE.  The hundreds of billions of dollars the Saudi Royal's are willing to invest to support the US-NRE's bond market and its Military Industrial Complex -- OR -- The AIPAC/Israeli Consortium's choke-hold on the US-NRE's Mass-Media and Bankster Complex.  A titanic struggle by any measure. Most likely the deal will actually go through, the US-NRE's parasites still need the Saudi Royal's support for more false-flag terrorism.  But the deal will only be allowed to go through with severe restrictions on any weapon systems sold to the Saudi Royals. - mpg -- For more on this issue see....One Vile, Venom Tipped, Taloned Hand Washes the Other - (a.k.a. The Standard Model) - 07-28-10 - mpg -- See also.....The Almighty Corporation - 03-30-08 - mpg

Wayne Madsen – Blackwater/Xe Cells Conducting False Flag Hits in Pakistan – Alex Jones Tv
AJVideo - WM&AJ(1/2) - WM&AJ(1/2) - (AJYuTb - 10min - Sept. 16, 2010) - Source:  TheAlexJonesChannel

State's homeland security chief goes in hiding
Related Article - A quote...."HARRISBURG -- The former Special Forces colonel who has headed the state Office of Homeland Security for four years and who now finds himself at the center of a firestorm over an anti-terrorism contract is missing in action. -- James F. Powers Jr. has basically gone underground since Tuesday, when Gov. Ed Rendell denounced a $103,000 no-bid contract that Mr. Powers had given to the Institute of Terrorism Research and Response, which has offices in Philadelphia and Israel." - bold by website editor - also posted at BLN

The Tea Party primary election victories
Special Note - A quote...."The upset victory of far-right Tea Party candidates in Tuesday's Republican primary elections must be seen within the context of an immense social crisis and growing economic distress in the United States. -- The victory, in particular, of two candidates opposed by the Republican Party establishment—Christine O'Donnell in the Delaware senatorial primary and Carl Paladino in the New York gubernatorial primary—is a distorted reflection of the general growth of popular anger and disillusionment with the political system. -- This is not to say that the results of these contests and previous Republican primaries in which Tea Party candidates ousted more established incumbents—such as last month’s victory of Joe Miller over incumbent Senator Lisa Murkowski in Alaska—represent the emergence of a mass popular right-wing movement. Voter turnout in these primary contests has remained dismally low, at about 20 percent, reflecting broad disgust with both big business parties." - For more on this issue see....The Tea Party - Another False Front

How Corporations Own Congress
A quote...."With the November elections quickly approaching, the majority of Americans will be thinking one thing: "Who cares?” This apathy isn't due to ignorance, as some accuse. Rather, working people's disinterest in the two party system implies intelligence: millions of people understand that both the Democrats and Republicans will not represent their interests in Congress." - also posted at Hamseyah -- So why don't people go to the polls this November and VOTE FOR SOMEBODY ELSE!?!?  It could'nt POSSIBLY be as much of a "wasted vote" as voting for a Demo or a Repub.  Besides, think of the IMMENSE satisfaction people will feel, as this entire New Roman Empire comes crashing to the ground, when they tell their neighbors...."well, I wasn't as stupid as you were to vote for those guys".  At least everyone who votes for a third party candidate can, at least for the next two years, say "I told you so".  Now wouldn't that be worth going to polls and voting for a third party candidate this election, hmmmmmm? Winning isn't everything folks, schadenfreude can also be just as much fun. - mpg

Immersed In Empire
A quote...."I've spent the last couple of months trying to get my ahead around the absurdity that is British capitalism as it tries to square the circle. Engaged in what can only be called even by capitalist standards, an act of economic suicide, aside from an inevitable increase in strikes as capital exerts pressure on what's left of the organized working class, the response from the public is noticeable only by its absence to the proposed massive cuts in public spending. -- The BBC of course is working flat out to put the 'correct' spin on the disaster that is the British economy simply by assuming that the deficit has to be reduced and thus 'news' reporting on the subject is pre-ordained, it's just a question of how much? According to a BBC poll conducted this month, 66 per cent of the great British public are in favour of cuts to the social services "in order to cut the government's deficit". Whose deficit?"

Protest Group Demands Investigation Into Homeland Security Spying
A quote...."(PaulWatson) – One of the Pennsylvania protest groups that was targeted for surveillance by Homeland Security as a possible terror threat has demanded an investigation into the scandal after Gov. Ed Rendell was forced to issue an apology and cancel a $108,000-a-year contract with the Institute of Terrorism Research and Response, the American-Israeli group that provided DHS with intelligence on pro-gas drilling, anti-war and Tea Party organizations."

FBI Informant Divulges Past In Bronx Terror Plot Trial
A quote...."Hussain, working as an undercover informant, supplied James Cromitie, David Williams, Onta Williams and Laguerre Payen with fake explosives and recorded their conversations. The men from Newburgh are on trial for allegedly trying to blow up synagogues in the Bronx and shoot down military planes in Orange County. -- Hussain surprised the courtroom when he said he was friends of former Pakistani prime minister Benazir Bhutto who was assassinated in 2007. He said while Bhutto was in the city in 2002 she gave his family $40,000 to buy a Mercedes Benz. He also testified he comes from a wealthy family in Pakistan and has received a half a million dollars from a trust fund since being in the United States. -- "Totally surprised. We had never heard of the trust fund. It is not on any of his financial documents, it is not in the bankruptcy filing, it is not on any statement that he has ever filed regarding his income," said defense attorney Susanne Brody." - also posted at BLN - Apperently the FBI has nothing better to do than use complete scum to entrap complete idiots....your tax dollars at work folks. - mpg

Holt: FBI anthrax investigation is itself subject of probe
A quote...."Holt: FBI anthrax investigation is itself subject of probe  16 Sep 2010 After years of questioning the conclusion and methods of an FBI investigation into the 2001 [Cheney] anthrax attacks that killed five people and sickened dozens of others, Rep. Rush Holt (D-Hopewell) announced yesterday that the U.S. Government Accountability Office (GAO) is opening an inquiry into the matter. Holt, along with a handful of other legislators, had sent a letter to the GAO in May requesting an investigation into the FBI’s handling of the case." -- For more on this issue see....US-False Flag Ops - Anthrax
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Robert Blackwill’s ‘Plan B’ is perpetual mimetic war in Afghanistan
Must Read - A quote...."Robert Blackwill was the US Ambassador to Bharat (aka India). Now he has sold his soul and is functioning as the Bharati Ambassador to the West. He is the lone voice propagating the Bharati vision for Afghanistan–separate cantons for each ethnicity which would constantly be at war with each other and with the Pakhtuns (read Pakistan). A Noecon favorite  Robert Blackwill, is returning to the Council on Foreign Relations (CFR), a leading US think tank to focus on American foreign policy toward India, Pakistan, and Afghanistan. No doubt the CFR wants to push the ethnic division of Afghanistan–so that perpetual pressure can be placed on Pakistan. Mr. Balckwill is opposed to a US departure from Afghanistan and proposes perpetual mimetic warfare." - also posted at Uruknet - For more on this type of issue see.....US Sponsored Civil Wars - Iraq & The US's New Map of the Middle East

Taliban Could Defeat NATO in 30 Days
War Strategy Alert - For anybody who thought the Taliban aren't fully aware of Napoleon's dictum "that an army marches on its stomach", here's a heads up. - mpg -- A quote...."Taliban leader Mullah Omar’s announcement on September 8, 2010, that the Taliban was close to victory against NATO should not be dismissed. The Taliban have the military capacity to shut down the NATO supply links to Pakistan and other adjoining countries. NATO and American forces have such exorbitant daily supply needs that the Taliban could force some or potentially most Western forces to retreat from Afghanistan within 30 days." -- also (a clearer copy) posted at Uruknet

Survey Shows Afghans Are Expecting an Unfair Vote
A quote...."Poor security and looming irregularities are threatening to turn Saturday's parliamentary elections in Afghanistan into a farce. A new survey shows that not even the Afghans themselves believe the vote will be fair."

Afghan vote a foregone conclusion

A quote...."As Afghans elect a new parliament on September 18, the result can already by spelled out since the party-less system ensures the return of 249 individuals unbound by allegiance to any group, without a clear vision for the country's future, and whose only leverage is to block the government. Electoral fraud will be rife - and the crowning absurdity is the voting system." - Just the way the US-NRE's parasites want it. - mpg
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HRW: Iraq: Stop Blocking Demonstrations - Secret Order, Government Regulations a Setback for Freedom of Assembly -- A quote...."(New York) - Iraqi authorities should stop blocking peaceful demonstrations and arresting and intimidating organizers, Human Rights Watch said today. Iraqi security forces should also respect the right of free assembly and use only the minimum necessary force when violence occurs at a protest." - Source:  HRW

Three day of mourning declared in Fallujah
A quote...."September 16, 2010 --  The Iraqi city of Fallujah has declared three-day long mourning after a joint U.S.-Iraqi attack on the city killed at least 10 civilians and injured many others. -  The raid on Wednesday has raised tensions and angered the city’s inhabitants as well as the nearly two million Muslim Sunnis who live in the Province of Anbar, west of Baghdad. -  The Muslim Scholars Association, a group of powerful Muslim Sunni clerics in Iraq, described the raid as “a massacre in which two children were killed.” - also posted at Uruknet & DemoUndgrnd

Sheikh Harith al Dhari sees revolution ahead
Related Article - A quote...."DAMASCUS // Increasing public disillusionment and fury over the stalled political process in Iraq is strengthening anti-government militants, according to Harith al Dhari, the hard-line tribal chief considered a spiritual leader of the insurgency. -- In an interview in Damascus, the Sunni sheikh, a wanted man in Baghdad, admitted that insurgents had been weakened in recent years but said they were now rejuvenating, fuelled by increased popular outrage against parties across the political spectrum." - also posted at Uruknet & IraqDailyTimes
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Non-Aligned Movement backs Iran
Special Note - A quote...."In a strongly-worded statement, representatives of the Non-Aligned Movement (NAM) at the International Atomic Energy Agency (IAEA) have supported Iran's position on the contentious issue of IAEA inspectors and have also expressed concern that the most recent IAEA report on Iran has "departed from standard verification language". -- "NAM notes with concern, the possible implications of the continued departure from standard verification language in the summary of the report of the director general [Yukio Amano]," the statement said. The statement was read during the IAEA board of governors meeting on behalf of over 100 NAM member states." - bold by website editor

Ahmadinejad: IAEA under pressure
Related Article - A quote...."Western powers have dominated the agency. So when they prepare a new report they pick on two issues," Ahmadinejad told reporters on Friday. "They are not even sure to which legal article they can adhere to when they seek to speak against us." - "They speak in general terms, and do not provide any evidence to show that we have committed any violations," he added. - The president criticized the agency's latest report, in which Director General Yukiya Amano concludes that the IAEA verifies the non-diversion of "declared" nuclear material in Iran, but has adopted unusual wording with regard to the country's safeguards obligations." -- F.Y.I. for Ahmadinejad, it's called "spin".  What most normal people call "bull-sh-t". - mpg

NAM: IAEA could die saving Israel
Special Note - Related Article - A quote...."The Non-Aligned Movement (NAM) warns that the International Atomic Energy Agency (IAEA) should not protect nuclear-armed Israel at the organization's own cost. -- The movement, which dissociates itself from major superpowers, used the final day of an IAEA meeting in Vienna to highlight Israel's possession of nuclear weapons, a Press TV's correspondent reported on Thursday. -- The 118-member movement expressed its "grave concern over the selective approach of the IAEA towards the issue of the Israeli nuclear capabilities." -- This attitude "puts at stake the viability of the IAEA as an independent technical body," NAM said." - also posted at AlethoNews - The NPT is as dead as dead can be.  It doesn't matter if Iran sticks to it, nobody else will, not after this fiasco. - mpg

Turkey to 'triple' trade volume with Iran
A quote...."Turkish Prime Minister Recep Tayyip Erdogan says the country plans to triple its trade volume with Iran within five years, stressing the importance of ties with Iran. -- "Our bilateral trade ties have reached $10 billion ... when we complete our preferential trade agreement we can reach a bilateral trade volume of $30 billion in five years," Reuters quoted Erdogan as saying on Thursday." - also posted at AlethoNews

Ahmadinejad Due in Syria, Algeria before New York
A quote...."TEHRAN (FNA)- Iranian President Mahmoud Ahmadinejad is scheduled to travel to Syria and Algeria on his way to attend the UN General Assembly session in New York."
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Poland arrests Chechen leader
A quote...."Police arrested Akhmed Zakayev on Friday, saying they were responding to an international arrest warrant issued by Russia. -- "He was arrested by plainclothes police as he was leaving a building," police spokesman Mariusz Sokolowski told TVN24 television, AFP reported."

Russian aircraft buzz Navy ship twice in Arctic
A quote...."WASHINGTON — Pentagon officials say two Russian aircraft buzzed a U.S. Navy warship in the Arctic's Barents Sea last week, each coming within about 50 yards of the frigate. -- Flybys of Navy ships in international waters are not unheard of. But the Cold War-style incident was unusual enough to raise eyebrows."

Russia to sell cruise missiles to Syria
Weapons Tech Alert - A quote...."Russian Defense Minister Anatoly Serdyukov says the country plans to sell P-800 Yakhont supersonic anti-ship cruise missiles to Syria."

Ukraine ready to launch joint ventures with Russia - Yanukovych
A quote...."Ukraine is ready to set up a number of joint ventures with Russia in various areas of cooperation, Ukrainian President Viktor Yanukovych said."

Croatia Signs Agreement to Join Russia’s South Stream Pipe
Full quote...."Croatia joined the South Stream gas transit pipeline project by signing an agreement with Russia Tuesday. -- The agreement allowing the South Stream pipe to go through Croatia was signed in Moscow Tuesday in the presence of Croatian Prime Minister Jadranka Kosor and her Russian counterpart Vladimir Putin. -- The South Stream gas transit pipeline is expected to be completed in 2015; it is to run from Russia to Bulgaria splitting in two there to reach Northern Italy via Serbia and Croatia, and Southern Italy via Greece."

Romania confirms South Stream interest
A quote...."BUCHAREST, Romania, Sept. 13 (UPI) -- Romanian officials, during talks with Gazprom in Bucharest, stated their willingness to help build the South Stream gas pipeline, the Russian gas company said."

Venezuela again rejects U.S. ambassador
A quote...."CARACAS, Sept. 18 (Xinhua) -- Venezuelan President Hugo Chavez again rejected on Friday the new U.S. Ambassador to his country, Larry Palmer. -- "That man was disqualified. If they (U.S.) decide not to send an ambassador, do not send him. And if they want to withdraw our ambassador, do it. We are an independent nation and they are acting with imperial rudeness," said Chavez, during an official event of the ruling Socialist United Party of Venezuela (PSUV)."

Venezuela Holds World’s Second-Largest Crude Reserves
A quote...."CARACAS – Venezuela currently holds the world’s second-largest crude reserves, trailing only Saudi Arabia, the country’s top oil official said Thursday."
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More On The Palestinian Situation....

Canada Colludes in Suppressing Palestinians
Must Read - A quote...."Current peace negotiations between Israeli and Palestinian officials are unlikely to end, let alone reverse, Palestinian dispossession. The power imbalance between the sides is simply too great. While Canada could be part of the solution, so far it has been part of the problem. -- The largest Palestinian political force, Hamas, has been excluded from these U.S.-sponsored talks, while the electoral mandate of the Palestinian representative, Mahmoud Abbas, expired 20 months ago. Abbas, who arbitrarily extended his term as Palestinian Authority President, is heavily dependent on countries such as the U.S. and Canada, and this has undermined his negotiating position." - also posted at AlethoNews - For more on this issue see....Talking Implies Nothing!! - 08-25-10 - mpg

"They persecuted Ameer to keep us silent"
Audio Interview - A quote...."The trial of Palestinian citizen of Israel and civil society leader Ameer Makhoul resumes today in Haifa. Charged with espionage and other trumped-up security allegations, Makhoul denies the charges and maintains that "evidence" gathered by the state was obtained through coercion. Last month The Electronic Intifada contributor Hyun Lee interviewed Makhoul's wife, activist Janan Abdu, and Gabrielle Rubin, media coordinator with Adalah: The Legal Center for Arab Minority Rights in Israel about Makhoul's case."

Clinton Leaves The Region After Meeting Abbas; Palestinian Groups Say No To Talks
A quote...."Ramallah – PNN – the Palestinian President Mahmoud Abbas praised the U.S efforts to reach a peace deal during these critical times. -- ImagePresident Abbas remarks came after he meet the U.S Secretary of State Hilary Clinton in Ramallah today as part of the second round of direct peace talks that started on Tuesday at the Egyptian resort city of Sharm Al Sheikh."

Hamas fighter killed in West Bank
Provocation Alert - A quote...."Israeli soldiers have shot dead a local commander of the armed wing of Hamas in the occupied West Bank, the Israeli military and Palestinian security sources said. -- Iyad Shilbayeh, a commander of the Izz al-Din al-Qassam Brigades, was killed during a raid on the Nur Shams refugee camp in the northern West Bank, according to sources. -- An Israeli spokeswoman said on Friday that Shilbayeh was shot "during a routine arrest raid" near Tulkarm, a northern West Bank town. -- He had previously been jailed by Israel, she said. -- The Israeli spokeswoman said the soldiers had opened fire after Shilbayeh came towards them despite being told to halt." - bold by website editor - Right.....sure....uh huh.  One wonders why they didn't just say he "committed suicide" when he saw them coming, or how he "jumped" out of a window. - mpg - For more on this issue see the articles shown below....

Israeli army assassinates Hamas leader - Alt
In photos: Scene of Tulkarem assassination - Alt - photo gallery
Fayyad: Tulkarem killing endangers peace

Following Israeli assassination of Hamas leader in Tulkarem, Israeli & PA forces detain opponents across the West Bank - Provacation(s) Alert - A Mondoweiss news round-up - September 17, 2010.

[Israeli] Settlers' bid to takeover [Palestinian] home foiled
A quote...."An attempt by Jewish settlers to forcibly take over a Palestinian home in an al-Quds (Jerusalem) neighborhood has been foiled by a group of Palestinian neighbors. -- The incident occurred on Wednesday in the As-Sadiyah neighborhood, as the illegal settlers entered a Palestinian home and began throwing their furniture out of the home. -- Family members said young men from adjoining homes rushed to the scene, and struggled to prevent the settlers from ransacking and taking over the house."

Israeli air raid destroys soap factory in southern Gaza
A quote...."KHAN YOUNIS, (PIC)-- Israeli air raids at dawn Thursday blasted a soap factory in Khan Younis, south of the Gaza Strip, and deserted land causing severe material damage to the factory." -- YES, the Israelis work really hard at keeping those dirty Palistinians....well....you know....dirty. - mpg

Grim prospects for Gaza's fishermen and farmers
A quote...."GAZA CITY, occupied Gaza Strip (IPS) - As the many colors of the fish and flowers slowly disappear from the Gaza landscape, the already grim prospects of the besieged residents begins to look even bleaker. -- Fishing was a profession that used to keep thousands of fishermen and their families fed, but with Israel restricting the movements of fishermen, the catches are diminishing." - For more on the two articles shown above see....Israel's Scorched Earth

Weekly Report On Israeli Human Rights Violations in the Occupied Palestinian Territory (08-15 September 2010)
Every week of the year....mpg. - also posted at Uruknet
Novel gets to truth of Sabra and Shatila
Book Review - A quote...."Mischa Hiller's first novel, "Sabra Zoo", [GoglBkSrch]* is told through the eyes of a young man named Ivan. Sabra Zoo  follows the adventures of this son of a Dutch mother and Palestinian father who serves as an officer in the Palestine Liberation Organization (PLO) in Beirut during the most intense period of Israel's invasion of Lebanon. -- Ivan's thrilling story starts in the weeks following the evacuation of the PLO after more than a decade of being based in Lebanon and ends soon after the Israeli invasion of Beirut. The evacuation of the PLO was followed by the infamous massacres at the Sabra and Shatila Palestinian refugee camps in southern Beirut committed 28 years ago this week by right-wing militias allied with Israel." - *links added
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Keiser Report №78 – Markets! Finance! Scandal!
Must View MKVideo - Alt - (MK&RTYuTb - 26min 46sec - September 16, 2010) - Source:  RussiaToday  - Producer:  MaxKeiserTV -- A quote...."This time Max Keiser and co-host, Stacy Herbert, look at the scandals of the 'living' dead centenarians collecting pensions in Japan and of Iceland's ex-premier defending his innocence against charges of 'economic recklessness.' In the second half of the show, Max goes to Detroit to talk global deflationary collapse with Nicole Foss of Automatic Earth."

Greenspan's Dark Cloud
Must Read - A quote...." In an interview at the Council on Foreign Relations (Sept. 15), Greenspan called for higher taxes. This got headlines. But he said a lot more than this. -- When a high-level national figure speaks on the record at the CFR, he usually says nothing radical. He is brought there to speak to the members, but he is also speaking to the media. There are rarely any big surprises at one of these meetings. -- These meetings are important for this reason. The CFR sets boundaries on what constitutes the climate of Establishment opinion. Remember: when anyone says something for the record at a CFR meeting, he has been screened. He is part of the decision-making class. He minds his P's and Q's. He wants to be invited back."

Guest Post: Was Stagflation In '79 Really Hyperinflation?
Special Note - A quote...."If my best friend is the truth, then my next best friend is history.  ---  I’ve been writing about the possibility of hyperinflation, if there is ever a run on Treasury bonds. My argument has been, Treasuries are the New & Improved Toxic Assets, a termite-riddled house waiting to collapse. If and when there is a run on them, money will flow to a safe haven, which I am predicting will be commodities. As a byproduct of this sell off in Treasuries and buy up of commodities, consumer prices will rise catastrophically in a hyperinflationary event—and the dollar will be left dead on the highway like roadkill."

M1+M2 Update, Or Does The Deflation/Hyperinflation Debate Hinge On The Propping Of Shadow Monetary Aggregates? -- A quote...."Together with the Fed's balance sheet, we are now convinced that the second most important developing metric for the economy is a granular analysis of the key public monetary aggregates: M1+M2. Within a month we also hope to develop our own definition of M3, to supplement such work elsewhere, in order to provide an independent opinion on what the true monetary growth is, now that increasingly more people are discussing the threat of outright hyperinflation. But before we get there, here is our first breakdown of M1 and M2 data."

Federal Reserve Balance Sheet Update: Week Of September 16
A quote...."Stocks may rise and stocks may fall (not likely) but one thing is certain: the Fed's $2.3 trillion balance sheet will never stop growing. Time for the weekly update. "

Foreign Holdings Of US Securities Surge In July....
A quote...."What may or may not come as much of a surprise is that of the $74.8 billion in total Long-Term investments, pretty much all of it came from capital originating in Japan ($29.7 billion) and the UK ($30.9 billion). Ah, good old UK, which as a covert depot for central bank operations, is now no longer content with accumulating Treasurys at a torrid pace, now holding a total of $374.3 billion (a $12 billion increase M/M), but is also aggressively bidding up bonds and stocks. In July the UK (which itself can barely fund its own QE-prompted deficit funding), also bought $12.4 billion in corporate bonds and $2 billion in corporate stocks. "

US economy fears as consumer confidence plunges
A quote...."American consumers do not expect to be feeling any more confident in six months' time, a widely-watched index revealed today, underlining the hurdles facing a recovery in the world's biggest economy." - As to why?  Take a look at the articles shown below....mpg

Household Net Worth Plunges By Most Since Q4 2008, As Government Borrowing Surges
Charts - (click to enlarge) - [Looks like a double-dip to this website editor] - A quote...."(ZeroHedge) – Arguably the most useful report to come out each quarter out of the Federal Reserve is the Z.1, or the Flow of Funds report, which was released minutes ago. And it’s a doozy: household net worth (assets less liabilities) in Q2 2010 plunged by $1.5 trillion, almost exclusively due to a plunge in Corporate Equities ($0.9 trillion) and Pension Fund holdings ($0.7 trillion). In other words, the net wealth of the US household continues to track the performance of the stock market tick for tick. And one wonders why the Fed, per Alan Greenspan’s admission, is only focused on ramping stocks up to all time highs. Total household financial assets declined by $1.7 trillion to $43.7 trillion, which was the biggest swing factor, as the tangible assets, or housing, was kept flat at $23.7 trillion.  Incidentally, to assume that Real Estate value increased in Q2 from $18.7 trillion to $18.8 trillion in Q2, is one of the dumbest things to ever come out of the Fed:" - Source:  ZeroHedge

Home Prices Drop in 36 States; Beazer Warns on Orders; 8 Million Foreclosure-Bound Homes to Hit the Market; Prices to Stagnate for a Decade -- A quote...."The small upward correction in home prices from multiple tax credit offerings died in July. Worse yet, inventory of homes for sale as well as shadow inventory both soared. 8 million foreclosure-bound homes have yet to hit the market according to Morgan Stanley."

RealtyTrac Reports Bank Repossessions Hit All TIme Record, As Foreclosures Resume Rise
A quote...."Diana Olick was right - the home price double dip is not only here, it is getting worse. RealtyTrac reported overnight that general foreclosure activity (i.e., default notices, scheduled auctions and bank repossessions) — were reported on 338,836 properties in August, a 4 percent increase from the previous month."

Year's tally of U.S. bank failures reaches 124 - [Five Banks Failed]
A quote...."SAN FRANCISCO (MarketWatch) -- Three bank failures in Georgia and one in Ohio has brought 2010's tally to 124, according to the Federal Deposit Insurance Corp. on Friday. The banks closed by regulators include Bramble Savings Bank in Milford, Ohio; the Bank of Ellijay in Ellijay, Ga.; First Commerce Community Bank in Douglasville, Ga.; and the Peoples Bank in Winder, Ga. The four failures will cost the deposit-insurance fund about $240.1 million, the FDIC said. Earlier in the day, the agency reported the failure of ISN Bank in Cherry Hill, N.J."

The "National Security" Apparatus Has Been Hijacked to Serve the Needs of Big Business
A quote...."As I noted yesterday:"

"Claims of "national security" are ... used to keep basic financial information - such as who got bailout money - secret. That might not bode for particularly warm and friendly treatment for someone persistently demanding the release of such information."

"I gave the following two examples: " - also posted at BLN

Europe stalked by spectre of mass unemployment
A quote...."The UK's fragile economic recovery was exposed yesterday by disappointing employment figures and an unexpected rise in the number of people claiming unemployment benefits."

Thursday September 16th 2010

No posts. - mpg

Wednesday September 15th 2010

Is America's Military Prepared for the Israeli Threat?
Must Read - A quote...."“The American people are afraid, they see disaster coming.  Everyone is waiting to see what city is chosen to be sacrificed.  Will it be Phoenix or Sacramento or perhaps Atlanta?  This is the real fear, the “not so secret” fear in the heart of every American.” -- "For years, America’s military has been divided, competent military professionals and patriots on one side and Christian Zionists, loyal to Israel and addicted to a propaganda “dreamworld” on the other.  Americans sat, on 9/11, with their military “asleep at the switch,” their president in a daze and Secretary of Defense Rumsfeld, perhaps out of confusion, we may never know, talking about airliners being shot down and the Pentagon being attacked by missiles.  Yes, he said these things, things he couldn’t “unsay” but things the press showed once and quickly buried.  Something terribly wrong happened, something years in planning, but not planned in a cave in Afghanistan.  Everywhere investigators look, one thing pops up, Israel.  The moment that door is opened, it is slammed shut, often with threats, often with more than threats." - also posted at MyCatBird'sSeat

The Bizarre Background of the ‘911’ New York Mosque
Must Read - A quote...."For days the headline in US and even world news has been whether or not a fanatic Christian preacher from a tiny Florida church will or will not burn the Moslem Koran in protest to the announced plans to build a mosque 400 meters from the site of the World Trade Twin Towers. Conveniently, the drama was focused on the 9th  anniversary of the collapse of three (not two as widely believed) towers on September 11, 2001. Now details about the real estate group that is allegedly ready to invest $100 million in the mosque construction suggest that the entire drama is being deliberately orchestrated. The question is by whom to what ends?" - also posted at AlethoNews

The Questions Of 9/11 Are Still Unanswered
Special Note - A quote...."It's not unjustifiable or irrational to argue that the 9/11 attacks were designed and intended to rescue Israel from a political dissolution which was seen by many thinkers as its ultimate destiny, and to promote the cordial coalition of Bush and Bin Laden families. It's no wonder that 9 years after the attacks on New York's Twin Towers and Pentagon, Osama Bin Laden, who is introduced as an Islamic fundamentalist and terrorist that masterminded and directed the 9/11 attacks, hasn't been arrested or killed yet." - also posted at Hamsayeh

Civil Rights Icon Dick Gregory: The Social Engineers are Here to Divide and Conquer Us
AJVideo - DG&AJ(1/4) - DG&AJ(2/4) - DG&AJ(3/4) - DG&AJ(4/4) - (AJYuTb - 10min -  September 14, 2010) - Source:  TheAlexJonesChannel  -- A quote...."Alex welcomes to the show comedian, social activist, social critic, writer, and entrepreneur Dick Gregory. On September 10, Mr. Gregory announced he will be consuming only liquids beginning Sunday, September 12, until his eightieth birthday in 2012 until the real truth about the events of September 11, 2001, are made public. Dick Gregory has recorded numerous albums, including Dick Gregory’s Frankenstein and Dick Gregory Running for President, and is the author of several books, including Dick Gregory’s political primer and Dick Gregory’s Natural Diet for Folks Who Eat: Cookin’ With Mother Nature!"

Forget The Left. And F-ck The Right. It's Time to Move Beyond The Two-Wing Spectrum
Must Read  - A quote...."What we need in Canada, America, England, and other countries are not more parties, or more left-based or right-based political coalitions. What the West is waiting for is a strong and truthful, non-Left/non-Right movement to take back the power to create money, end the illegal wars, restore the rule of law, strip corporations of the right of personhood, and provide economic opportunity for all." -- For more on this sort of issue see....How About a "Justice Party"? - 04-23-10 - mpg
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Nato's Secret Armies
A quote...."In his book, "NATO's Secret Armies: Operation GLADIO and Terrorism in Western Europe," Daniele Ganser described their clandestine Cold War operations, run by European secret services, collaborating with NATO, the CIA and Britain's MI6 and Secret Intelligence Service (SIS) against a possible Soviet invasion, internal communist takeovers, or others on the political left gaining power." - also posted at Uruknet -- For more on this issue see....US-False Flag Ops - Gladio

Veterans sue CIA, Army for experiments at Detrick, Edgewood
A quote...."A year and a half after a group of veterans sued the CIA, Army and Department of Defense for testing chemicals on troops without consent, the group has asked a judge to penalize the agencies for refusing to cooperate and provide vital records. -- According to the veterans, the CIA "exposed thousands of test subjects to hundreds of toxic compounds over the course of many years," states the most recent court document filed in Vietnam Veterans of America v. Central Intelligence Agency." - also posted at RogueGov

Nixon murder plot against newspaper columnist detailed
A quote...."Nixon murder plot against newspaper columnist detailed  13 Sep 2010 The [Nixon] White House obsession with Anderson -- whose "Washington Merry Go-Round" column was the WikiLeaks of its day -- is detailed in a new book being published this month, "Poisoning the Press: Richard Nixon, Jack Anderson and the Rise of Washington’s Scandal Culture," by journalism professor Mark Feldstein... Feldstein has uncovered new evidence that documents one of the more outrageous schemes  crimes of the Nixon presidency: a plot to assassinate Anderson by either putting poison in his medicine cabinet or exposing him to a "massive dose" of LSD by smearing it on the steering wheel of his car."

Real IRA Says it Will Target UK Bankers
A quote...."As I’ve stated before, a way to assess if a terrorist organization is real, or a false flag, state sponsored scam, is to look at the targets of the attacks. -- If the attacks target civilians, make work for janitors or provide a lot of footage of chaos for the state’s media to play in an endless loop on the telescreens, it’s likely false flag. -- If the attacks target the critical infrastructure that facilitates the operation of capital markets, it’s the real deal." - also posted at BLN
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U.S Imperial Offensive: Stalled in Asia, Swarming Over Africa
Must Read - Quote of the Day...."The United States is losing or has already lost its two big land wars, in Afghanistan and Iraq. Over a million people have paid with their lives to teach the U.S. a 21st century lesson: that the most modern, expensive and lethal arsenal in the world cannot successfully occupy a country in which significant portions of the population are determined to resist.  That's the same lesson the Vietnamese taught the Americans in the Sixties and early Seventies, at the cost of two to three million Vietnamese lives. -- The United States will deploy every dirty trick and bribe in the book to remain in Iraq past the end of next year - the deadline extracted by the Iraqis from President Bush - and it is possible, although unlikely, that whatever Iraqi regime sits in Baghdad may give the Americans an extension of some kind. But no Iraqi government can long survive if it is not perceived as committed to kicking the Americans out."

[US-NRE] Government Report on Drugging of Detainees Is Suppressed
Special Note - A quote...."A major Department of Defense Office of the Inspector General (OIG) investigation on the drugging of detainees held at Guantanamo and other Department of Defense (DoD) facilities was completed almost a year ago and shared with a key Senate committee. According to DoD spokesperson, Maj. Tanya Bradsher, the report is classified. News of the completion of the investigation and the OIG's report came as a surprise to human rights advocates who had been involved in investigating the drugging claims." - also posted at BLN

Drill Held to Detainee's Head -- Ex-CIA Agents Confirm Torture at Polish Black Site
A quote...."September 14, 2010 "Spiegel" -- Former CIA agents have confirmed rumors that the agency tortured terror suspects at a detention center in Poland. One agent allegedly held a drill to a prisoner's head while he was naked and hooded." - Source:  Spiegel  ---  OH SURE, it was just held to HIS head, what about all the others in Iraq?!?!  Thousands of Iraqis found dead all over that destroyed country with holes drilled into them AFTER the US-NRE invaded their country!!  But this website editor NEVER saw an article mentioning people being "drilled" BEFORE the US-NRE invaded!!   One wonders where, or who, the Iraqis got the idea to "drill" people from?? - mpg

Who suffered most? Iraq to pay $400 mln to US victims of Saddam regime
RTVideo - Alt - (RTYuTb - 2min 39sec - September 15, 2010) - Source:  RussiaToday -- A quote...."Iraq has quietly agreed to pay 400 million dollars to American citizens who say they were tortured or traumatised by Saddam Hussein's regime, after he invaded Kuwait in 1990. It's come as a shock to the millions of Iraqis who're still suffering from the U.S. led campaign - especially since many have received nothing for their suffering." -- You know what the really funny thing is folks, the US-NRE, through the auspices of April Glispie, DELIBERATELY gave the "green light" for Iraq to invade Kuwait. -- For more on Iraq's death toll caused by the US-NRE's second invasion see....US Fake Intel / Propaganda - Iraqi Deaths

'Iraqis should be paid trillions by US as compensation for invasion' - RIGHT ON!!!! - mpg
RTVideo - Alt - (RTYuTb - 1min 25sec - September 15, 2010) - Source:  RussiaToday -- A quote...."Well the violence in Iraq is not abating after the departure of U.S. combat troops. 9 Iraqi soldiers have just been killed by a roadside bomb in the latest attack. Talking about the reparations, Abdel Bari Atwan, editor-in-chief of the Al-Quds Al-Arabi newspaper, says it's the Iraqis who should be getting compensation from the U.S., not the other way round."
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Thousands of Afghans stage anti-U.S. protest in Kabul
A quote...."(Reuters) - Police fired into the air to disperse thousands of anti-American protesters in Afghanistan's capital Wednesday, witnesses and police said, with one person killed and at least five wounded."

Doubling of SOF Night Raids Backfired in Kandahar
A quote...."....a direct correlation between the stepped up night raids in Kandahar province and a sharp fall-off in the proportion of IEDs being turned in by the local population indicates that the raids backfired badly, bolstering the Taliban's hold on the population in Kandahar province. -- Night raids, which are viewed as a violation of the sanctity of the home and generate large numbers of civilian casualties, are the single biggest factor in generating popular anger at U.S. and NATO forces, as Gen. Stanley A. McChrystal conceded in his directive on the issue last March." - also posted at CommonDreams
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Blackwater/Xe cells conducting false flag terrorist attacks in Pakistan
A quote...."(WMR) -- WMR has learned from a deep background source that Xe Services, the company formerly known as Blackwater, has been conducting false flag terrorist attacks in Pakistan that are later blamed on the entity called “Pakistani Taliban.” -- Only recently did the US State Department designate the Tehrik-i-Taliban Pakistan (TTP), also known as the Pakistani Taliban, a terrorist group. The group is said by the State Department to be an off-shoot of the Afghan Taliban, which had links to “Al Qaeda” before the 9/11 attacks on the United States. TTP’s leader is Hakimullah Mehsud, said to be 30-years old and operating from Pakistan’s remote tribal region with an accomplice named Wali Ur Rehman. In essence, this new team of Mehsud and Rehman appears to be the designated replacement for Osama Bin Laden and Ayman Zawahiri as the new leaders of the so-called “Global Jihad” against the West." - -- For more on this issue see....It Will Happen Every Single Time

Blackwater's Black Ops
A quote...."Over the past several years, entities closely linked to the private security firm Blackwater have provided intelligence, training and security services to US and foreign governments as well as several multinational corporations, including Monsanto, Chevron, the Walt Disney Company, Royal Caribbean Cruise Lines and banking giants Deutsche Bank and Barclays, according to documents obtained by The Nation. Blackwater's work for corporations and government agencies was contracted using two companies owned by Blackwater's owner and founder, Erik Prince: Total Intelligence Solutions and the Terrorism Research Center (TRC). Prince is listed as the chairman of both companies in internal company documents, which show how the web of companies functions as a highly coordinated operation. Officials from Total Intelligence, TRC and Blackwater (which now calls itself Xe Services) did not respond to numerous requests for comment for this article."
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Analysis: How UK armed Saddam in 80s
A quote...."On September 22nd, 1980, the Iraqi military under Saddam Hussein's regime launched a war on Iran."

CASMII Fact Sheet on US-Iran Standoff
Special Note - Second Quote of the Day...."The current U.S. standoff against Iran, like the run-up to the invasion of Iraq in 2003, was instigated by the neoconservatives of the Bush Administration based on their doctrine of “maintaining U.S. pre-eminence, thwarting rival powers and shaping the global security system according to U.S. interests”. In the case of Saddam’s regime, its fictitious Weapons of Mass Destruction (WMD) and its alleged links to Al-Qaida were used in the U.S. propaganda war to first impose U.N. sanctions and eventually invade Iraq. We now have a déjà vu situation in which the U.S. and its allies, prodded by Israel, demonize Iran as a threat to world security and accuse it of having a program to develop nuclear weapons. As with Iraq, the real aim is a regime change in Iran to set up a U.S. puppet government in this oil- and gas-rich country in the key strategic Persian Gulf region. This has also happened before in the 1953 U.S.-British coup in Iran. The same forces in U.S., U.K., Israel and allies today distort the truth and engage in deceit, coercion and aggression to achieve their goals. We will briefly examine some of the key facts in the standoff." - also posted at VeteransToday & MyCatBird'sSeat

[Iran's] 'Bushehr plant to yield 400 MW in Dec.'
A quote...."Head of the Atomic Energy Organization of Iran (AEOI) says the country's first nuclear power plant will generate 400 megawatts of electricity in three months."

Were the three ["Hitchhikers"] Jewish US citizens spying [on Iran]?
A quote...."UK, September 14, (Pal Telegraph – By Peter Eyre) Don’t you find it incredible that three Jewish hitchhikers would be trekking in a predominant Muslim country? I guess many would say that is really taking a risk based on the current feelings between the two. --  It is a known fact that UC Berkely is the breeding ground for the US CIA and the Israel Mossad secret service with very strong connections to the military in research and development. --  Just think of the attraction whereby young cash strapped students, finding life difficult to survive, are approached by the secret service to carrying out covert operations for them in return for having their education paid for."
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Hezbollah prints playing cards of top Israeli officials targeted for revenge
A quote...."The Lebanon-based militant group Hezbollah has printed a deck of playing cards emboldened with the faces of senior Israeli officials, in an apparent show of its promise to carry out "revenge assassinations" over the killing of one of its top officials in Damascus two years ago."

The Latin American Revolution, Part 1 of 4: Venezuela
Audio - [Mp3 - 30min] A quote...."The U.S. drive for global empire, to use and allocate all the planet's resources and people for itself, has run unchecked through Africa. It has been stalled by wars and the presence of other powers in south and southwest Asia. Latin America is the only region in the world where U.S. empire has literally been rolled back in the last decade. The once isolated Cuban revolution has been joined by those of Venezuela, Bolivia and Ecuador, which have elected openly socialist governments dedicated to using their national wealth for the benefit of their own people, and fostering a new regime of international cooperation in resource allocation, in banking, in medicine and media to show humanity what a world without U.S. domination can begin to accomplish." - Socializing a country's sole natural resource and having land redistribution is one thing, socializing the economy is something else altogether and can quickly lead to a complete ossification and eventual collapse of a nation's economy. - mpg

Venezuela Says $100 Barrel a “Fair Price” for Oil
A quote...."CARACAS – Venezuelan Energy and Oil Minister Rafael Ramirez said $100 per barrel is a “fair price” for crude in today’s world."

Russia focused on energy cooperation with Brazil - Energy Ministry
A quote...."The Brazilian energy market is one of the main priorities for Russian energy companies, an Energy Ministry official said on Thursday. -- "We are participating in an exhibition [Rio Oil & Gas 2010] and inviting companies to it in order to promote energy policy," Stanislav Dorzhinkevich, the Deputy Director of the Department of Public Policy and Energy Efficiency of the Russian Energy Ministry, said."

Cuba may link up to Glonass system
A quote...."Moscow and Havana plan to connect Cuba to the Glonass navigation satellite system, the Russian ambassador to Cuba said on Wednesday."

T-90 main battle tank
InfoGraphics - A quote...."Designed by Uralvagonzavod in Nizhny Tagil, Russia, in late 1980s - early 1990s as a modernized version of the T-72 tank"

Another 9/11 Anniversary: September 11, 1973, When US-Backed Pinochet Forces Took Power in Chile
A quote...."While memorials were held across the US for the ninth anniversary of 9/11, we remember another 9/11: September 11th, 1973, when Salvador Allende, the democratically elected president of Chile, died in the palace as US-backed Pinochet forces rose to power. We speak with Juan Garcés, a personal adviser to Allende. He was the sole adviser to survive the coup and its aftermath. [includes rush transcript] -- ||  Real Video Stream  ||  Real Audio Stream  ||  MP3 Download  ||  More…  ||
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More On The Palestinian Situation....

Gaza deaths --- protest comes under heavy live fire from Israeli snipers
Contains Video - Alt - (YuTb - 4min 49sec - September 14, 2010) - Source:  freepalestineee -- A quote...."Over 100 rounds of live ammunition were fired at peaceful protesters in a Tuesday demonstration in the Gaza strip. The protest at the Erez border area near Beit Hanoun yesterday included Palestinian activists from the Local Initiative group, local residents and 4 members of the International Solidarity Movement who marched into the site of the recent fatal Israeli incursion. The demonstrators had a view of the area where only a few days earlier, a Grandfather Ibrahim Abu Sayed and his 17 year-old grandson were killed by Israeli tank shelling."

Void of Responsibility: Israel Military Policy not to investigate Killings of Palestinians by Soldiers
A quote...."B'Tselem protests the sweeping classification of the situation in the Occupied Territories as an “armed conflict,” which effectively grants immunity to soldiers and officers, with the result that soldiers who kill Palestinians not taking part in hostilities are almost never held accountable for their misdeeds. By acting in this way, the army fails to meet its obligation to take all feasible measures to reduce injury to civilians, allows soldiers and officers to violate the law, encourages a trigger-happy attitude, and shows gross disregard for human life."

Prisoner released in exchange for Shalit video remains in solitary confinement
A quote...."RAMALLAH, (PIC)-- Linan Abu Ghalma, 28, has been kept in solitary confinement and exposed to other inhumane treatment in the Hasharon prison since her arrest two months back, human rights sources said Wednesday. -- Abu Ghalma was arrested two months back along with seven other Palestinians in the Nablus-area village of Beit Furiq."

Washington['s so-called] peace talks: democracy need not apply
A quote...."It was an image for the history books. At least that's what the five world leaders would like to have thought as they strutted down the red carpeted hall of the White House recently with their heads held high. Forming a well-choreographed and symbolic flying "V," the US president led the way, flanked by his counterparts representing Israel, Palestine, Jordan and Egypt. These men in suits wanted to show the world that they're ready to plow through any and all obstacles that stand in the way of peace in the Middle East." - also posted at AlethoNews

Terror In The Village That Became A Minefield
A quote...."For many villages in Area C, landmines have become a regular feature of daily life. Israeli military training zones occupy nearly 30% of the land, often based around civilian areas, leaving unexploded ordnance (UXO) that cause horrific injuries to local residents. We spent a few days with the victims to see how they live with the constant terror."

Two steps back for Palestinians in Lebanon
A quote...."Everyone here works without a permit," said Mohammed Khalife. "Being legal and having a work permit is the strange thing, not the other way around." -- Khalife, a 26-year-old Palestinian refugee who lives in the Lebanese capital of Beirut's Shatila refugee camp and works outside the camp in construction, explained that the majority of his peers also work illegally outside the camp, as getting the work permit is near impossible." - also posted at Uruknet

Fatah: Collaborationist Israeli Ally
A quote...."At least since the Oslo Accords, Fatah has served Israel more than its own people. On August 25, Haaretz highlighted the latest example, headling "PA arrests dozens of Hamas, Islamic Jihad militants in West Bank," saying, a PA source confirmed dozens made, including "high ranking officials in (both) organizations."
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Real World Solutions To Economic Tyranny
Must Read - A quote...."It’s inevitable. Every person who endeavors to understand the nature of economy, central banking, fiat currency, Globalism, and elitism in our culture, every man who is truly honest with himself, comes to the same logical conclusion; the system we toil in, the system we tolerate out of habit day to day, is not only failing, it is designed to fail. Knowing this fact is difficult. The potential consequences of the situation tend to bleed into every moment of our once conventional routine. We realize that there is no going back to the old apathetic ways of viewing our world; once awake we cannot again sleep, and because we have the truth in hand, truth which affects every living human being, we are also by default made responsible for the future. We are no longer spectators caught in the swift tides of history, but participants in history’s making. We become the levy builders and breakers. We contribute to the flow of events, as well as their outcome. -- This insight then begs a change in our way of life, and leads to a single arduous question: -- Now that we know there is a problem, what are we going to do about it?"

After Summers Comes the Fall
A quote...."When will the president give Lawrence Summers his pink slip? He can thank him for his years of service and use the excuse that his top economic adviser wants to spend more time with his family. I don’t care how he sugarcoats it. But Summers deserves the same fate as the millions of workers laid off because of the banking debacle he helped cause, the dire consequences of which he has done precious little to mitigate. -- It was Summers who, as treasury secretary in the Clinton administration, pushed through the Commodity Futures Modernization Act, which opened the floodgates to the toxic mortgage-backed derivatives that still haunt the economy. The Federal Reserve now holds $2 trillion in junk securities it took off the books of banks. But the financiers who packed those devilish derivatives still hold a huge amount, and the houses they unload every time the housing market shows faint signs of stabilizing keep the economy in the doldrums." - also posted at OpEdNews

Treasury getting tough on TARP deadbeats - Oh sure they are, just who do they think they're kidding? - mpg
A quote...."SAN FRANCISCO (MarketWatch) — In August, 123 financial institutions missed dividend payments on securities they sold to the Treasury Department under the Troubled Asset Relief Program, or TARP. That’s up from 55 in November 2009...." - bold by website editor

How the Rich Conduct Class Warfare
A quote...."September 15, 2010 "Information Clearing House" --  First, let me get this out of the way - I have no problems with the rich. I plan on being rich. I'm an American. I believe. We all believe we can get to the top and enjoy the spoils of wealth. We are Americans."
    
Surge in Housing Supply Will Drive Down Prices
A quote...."September 15, 2010 "Information Clearing House" -- Home  ownership has become an albatross. Prices are falling, demand is weak, foreclosures have skyrocketed, and inventory is backed up to the moon. If there's an upside, it's hard to see. -- Everyone who bought a house in the last 6 or 7 years knows that he was fleeced by bankers who were pushing "fishwrap" mortgage paper to line their own pockets. Prices did not reflect the underlying supply/demand fundamentals as much as they exposed the massive mortgage laundering operation that was taking place in the shadow banking system. Hedge fund sharpies and other speculators walked away with billions while credulous homeowners were lashed to an anvil and tossed in the East River."

Home Price Double Dip Begins
Related Article - A quote...."The trouble with many of the "indicators" we report is that some are pretty current and others are severely lagging. Home sales are generally the former and home prices the latter."

Census reveals 45m Americans living in poverty
A quote...."One in seven Americans is living below the poverty line, it was revealed yesterday. -- With 45mn Americans officially designated as poor, the US census figures reflect the worst decline in living standards for more than half a century." - also posted at ICH

Capacity Utilization, Industrial Production Come In Line With Expectations, Prior Revised Lower
A quote...."August Industrial Production came in at 0.2%, in line with expectations, while the prior print of 1.0% was revised lower to 0.6%. Capacity Utilization missed consensus sllightly, coming in at 74.7% on consensus of 75%, with the previous reading also revised lower from 74.8% to 74.6%. Overall, no pick up in the economy can be traced across these two metrics, meaning the double dip continues."

Fed Floods Market With $3.9 Billion In Fresh Monetization-Based Liquidity, QE Lite Record
A quote...."The Fed is now getting desperate: today, Brian Sack gobbled up nearly $4 billion in bonds maturing between 2014 and 2016, the highest single day tally in this latest iteration of QE, and resulting in the lowest Submitted/Accepted ratio of QE Lite of 4.3x, indicating that the FRBNY markets team was in a rush to push as much liquidity as it could to the PDs so they latter could go out and push the beta wave a couple of inches higher. As for the bonds, the bulk of the purchases was in the 2014-early 2015 range. "

GOP fiscal plan would raise debt $4 trillion: report
A quote...."The tax plan put forward this week by Republican leaders in Congress would add nearly $4 trillion to the national debt and would be offset only by a $300 billion spending freeze, a Washington Post analysis states."

Retirement on Hold: American Workers $6 Trillion Short
A quote...."A new study obtained by CNBC says Americans are $6.6 trillion short of what they need to retire. -- The study, conducted by Boston College's Center for Retirement Research, says savings have been squeezed by declines in stock and housing values." -- You ain't seen NOTHING yet folks! - mpg

Stocks Surge To Celebrate Unprecedented 19th Sequential Equity Outflow, $10 Billion In September Redemptions
Mrkt Tech Note - A quote...."It is beyond a joke now: ICI's latest data discloses that in the week ended September 8, domestic funds saw outflows of $2.2 billion, following last week's massive $7.7 billion. And yes, ETFs experienced outflows as well. So far September has experienced nearly $10 billion in outflows, even as the market has ramped by over 6%. Who is buying this shit? Just ask The New York Fed and Citadel: they may have a few pointers (wink wink)." - bold by website editor - Both EFTs and Mutual Funds, along with every other investment vehicle will have to be lumped together in any analysis to determine where all the money is really going. - mpg

Trade Wars Part V - The Empire Strikes Back: US Says It Will File Two New WTO Cases Against China
A quote...."The U.S. Trade Representative's office said on Wednesday it has filed two new cases against China at the World Trade Organization for alleged violations of global trade rules."

The European Banking Crisis: Next Phase
Special Note - A quote...." The European banks are still in deep trouble. They are being protected only by the ability of the politicians of the PIIGS to persuade the public that they will be able to maintain interest payments in the near term. Investors care nothing about long-term prospects. They assume that they can sell bad bonds to the next group of naïve investors. Each group assumes that those who follow will be suckers. They regard themselves as sophisticated investors who know what will happen and who will be able to unload the bonds on really stupid investors. -- This is known historically as greater-fool investing. It always prevails in the final stages of a bubble."

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091510-092110 - links page

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