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Thursday, March 24, 2011

Canadian Prime Minister Harper and U.S. President Obama Dance Together

Canadian Prime Minister Harper, and US President Obama have made a new cross-border deal. The spin Obama has been twirling is that he has, once again, conquered another obstacle in the world of international trade by sitting down with Harper and crafting a deal. A featherless feather stuck in his cap. But, in reality, it appears that Harper has decided to move in on the US trade markets making the Canadian economy stronger, while the US market weakens.

What we have seen today is another decline in manufacturing durable goods, and consumer’s confidence toward spending dropping, as well. US jobs continue to fall while the rich get richer. The only sector in manufactured durable goods that showed improvement went into the war and killing machines and systems, as we occupy foreign lands. That means that the only sector growing has little to do with the growth of the country and its self-sustaining future.

A commenter on the calling himself Greywolfe159 wrote “The wealthiest 5% of Americans control 72% of America’s financial wealth. The bottom 80% control only 7% of the nation’s financial wealth. The richest 400 Americans have more combined wealth than the poorest HALF of all Americans. That means 400 people have more wealth than 150,000,000 people combined. American corporations saw record profits in 2010. Nearly 80% of all economic gains made in the past thirty years have gone to the richest 1%. In the 1970s, the average CEO made 30 times what an hourly worker made. Today a CEO makes 300 times what an hourly worker makes.”

The US public debt is around 63% of US GDP, and the service on the debt is around 15%. If tax cuts to the richest predators in the country were done away with, there would be another $63B in revenues, but instead, these people who have benefited from the economic collapse, and from their destruction of the nation have not had to pay back what they took from the rest of us; but instead, have been rewarded for their contribution to the economic collapse of the country lasting over 30 years, and especially since 2000.

If you have not been watching, the dollar has been falling against the euro over the last few days.

In Japan, we have learned how some of the nuclear engineers have been willing to risk their lives in order to protect the nation and its citizens by reentering the failing nuclear plants. In America, the Bankstas who collapsed the wealth of average citizens took taxpayer dollars in the form of bailout funds to pay themselves bonuses, gamble on Wall Street, engage in non-transparent derivative trades, and more. These same Bankstas working in Japan used free Federal Reserve cash to buy themselves million dollar seats on charter jets to get outta Dodge (Japan).

Back on the dance stage of Prime Minister Stephen Harper and US President Barack Obama, Obama was told the moves by Harper, although Barack hasn’t gotten it figured out that way yet. Could he keep up with the work needed to perform on Dancing With The Stars?

The Koch Brothers, who are refining the vast majority of the Alberta Tar Sands coming out of Canada, want to continue to reap the huge profits gleaned from selling refined oil to consumers, and to funnel cash into ReThuglickcon campaign coffers as 2012 comes closer, want Obama to do exactly what Harper tells him to do. A left foot, then a right foot Barack.

In order for Obama to look like he has not given away the store, he offers up Homeland Security technologies to the Canadians in order to protect them from da’terrorists who hate their democracies, nationalized health care, inexpensive drug plans, higher mortality rates, jobs, functioning economy, and their cold bitter winter weather. To a terrorist crossing the Canadian border into the US, there seems nothing better than the beaches of North Carolina or Florida after a bitter cold Toronto, or Quebec, or Alberta winter!!!

Those holding the leash attached to Barack Obama’s nicely jeweled collar are the members of the CCCE, or the Canadian Council of Chief Executives. This group has hundreds upon hundreds of fat-cat rich Canadian corporate royalists making up all sorts of business sectors who want to move in on the US marketplace.

“In 2009, Canada’s exports of goods and services to the US were valued at almost $306.2B. Canada’s main merchandise exports were mineral fuels and oils, motor vehicles, and machinery.” From The Global Realm, 2-8-11, A North American Security Threatens National Sovereignty (1).

“Canada is the United States’ largest and most secure supplier of oil, natural gas, electricity, and uranium.”

“Imports of goods and services for the same year from the US were valued at $286.2B and merchandise imports consisted principally of motor vehicles, machinery, and electrical and electronic equipment. The two countries also have one of the world’s largest investment relationships. In 2009, direct investment in Canada from the United States was worth more than $288.3B, while Canadian direct investment in the US was $261.3B.”

The new treaty is called the United States-Canada Regulatory Council. Their goals are to address early threats upon each nation, the facilitation of trade, economic growth, jobs, the integration of cross-border law enforcement, and critical infrastructure and cyber-security. (1)

One big objective is to manage the flow of people, goods, and services and to watch every traveler, and their whereabouts before and after they cross the common border. More Big Brother intervention, no doubt, brought to you by Barack Obama and his HLS teammates.

It appears that Canadian big Pharma sees a lucrative market in the US, and the Canadians want to make sure they have reasonably priced pharmaceuticals at their disposal, not like the poor schmucks in the US who have to go into foreclosure in order to pay for their medical care.

Part of this agreement is the Partners In Protection (PIP). One partnership is with the United States Commercial-Trade Partnership Against Terrorism (C-TPAT). Another is the Customs Self Assessment program (CSA). Another is the Trusted Traveller Programs, such as CANPASS, and NEXUS, and the Free and Secure Trade (FAST). Also, eManifest, which was developed by the Canadian Borders Service Agency (CBSA) in order to keep an eye on passengers, cargo, health, safety and security on the border, is on the radar.

There also is the Advanced Passenger Information/Passenger Name Record Program (API/PNR). Now don’t we all feel safer? In place will be the Integrated Border Enforcement Teams (IBETs). They will be able to “identify, investigate, and interdict persons, organizations, and goods that threaten the national security of one or both countries, or that are involved in organized crime activity.”

I now know that my travels, trade, security, and more will be in the good hands of Mr. Harper and Mr. Obama dance partners in one nation under Canada. Thank you boys!

Sunday, March 13, 2011

The Crisis In Japan--A Lesson For Obama

Japan is now in a huge crisis. A horrible crisis! What might happen as this crisis continues, falls further, and eventually, moves toward recovery? Will this crisis affect the United States economy? Will the Federal Reserve become stuck in a box?

I am not an economist, therefore, what I am about to write is only my own view of things unfolding from my plate of tea leaves.

Obama and Bernanke have spent the entire 2.5 years enriching the financial system through freebees, and toxic bond exchanges in order to bathe the bankstas and corporate elite with the government’s corporate welfare enrichment program of unearned liquidity, while ignoring a forward moving and sustainable real economic stimulus right here at home.

Now Japan is in a meltdown, literally, and finding itself underwater with tens of thousands dead, injured, and under fear of radiation fallout. Their nuclear reactors are in danger of core meltdowns. As a remedy, Japan is saturating the core with enriched seawater, which is highly corrosive, due to the salt content. This means that the reactors will be useless and eventually, dismantled.

It is very likely that as a result of this crisis, the government of Japan will provide trillions of dollars of economic stimulus to rebuild what has been damaged and destroyed. It may take trillions of yen to fix bridges, roads, rebuild buildings, dismantle unusable infrastructure, help landowners with rebuilding, and replacement of goods no longer functional, as well as the disposal of rotten, and moldy material, along with many other costs not mentioned here.

Hot monies will likely be flowing into the country, which could be turned into bonds, and then, printed into yen by the Japanese central bank. It has already been stated that the banking system will be stabilized by the government in hopes of avoiding bank runs, and now, the Central Bank of Japan has pumped trillions of yen into money market funds.

The US Federal Reserve did this same thing during our own economic crisis, but went even further as they bailed out banks that committed fraudulent transactions as a result of their selling of mortgage backed securities, collateralized debt obligations, and credit default swaps. This rescue of the fraudsters continues to this day as the Real Economy fails.

Japan’s reaction to their crisis has been immediate, and directed at fixing what has failed and what is required for its survival. No doubt, their economic stimulus will put people to work, it might even raise interest rates, and grow their economy, and their GDP.

Japan is controlling their stock market by keeping the vultures from moving in with short selling and speculative trading. They are doing everything that we did not do because our government is cowardly when it comes to the corporate elite who fund it, and make all the backroom decisions that ultimately become law.

Our crisis, which is not of the same magnitude, but extremely damaging nevertheless, has resulted in nearly 20 million people unemployed, underemployed, and no longer looking for work. That is around 25% of the workforce. Our citizens have lost billions of dollars in savings, and now, find interest rates near zero forcing savers to buy very risky investments. This is the design created by the Federal Reserve, and the Obama administration, as he followed his leader--LilBoyBush.

Their process has been to enrich the richest among us, forcing workers to take pay cuts as they give back wages and benefits, and to borrow in order to buy what they need. Our crisis continues to drag the economy down. The reason why auto dealers are selling cars is because subprime borrowing has, once again, taken hold in the auto industry. People are given loans who are basically not creditworthy borrowers, but are given them anyway. The lenders are then taking those loans and securitizing them, stacking them into tranches and slicing them up to collateralize them so speculators can gamble on their riskiness. The economic crisis continues with the same ‘ole bullshit that brought it down in the first place. Our officials have not learned anything.

But now, we may be witnessing the makings of a Black Swan event. Japan cannot now use nuclear power and may not ever rebuild these plants again. As a result, the price of oil will climb. Obama will likely take oil out of our strategic oil reserves and put into the US market to keep working Americans from falling further behind as oil prices rise. There goes the tax cut, folks!!! In almost an overnight event, oil prices will rise indefinitely.

Added to the oil price increases, is the decline of oil outputs, and the high costs behind tar sand oil extraction and deep water well drilling. Don’t forget the Libyan crisis, which Obama is ignoring for the most part.

As the price of oil climbs, usage all around the world will grow increasing prices of finished goods due to production, and transportation costs. Consumers will tighten their spending belts because gas tanks will drain their pocketbooks forcing other spending to shrink.

China may, too, find itself in a recession. Their budget deficits will be more commonplace. The global slowdown will once again be felt.

Bernanke’s banking and corporate liquidity stimulus package, called QE2, will have to end. The Obama administration will have to either fall into the Reichwing’s austerity neo-fascist program with budget cutting, and more, or fight back Boehners, McConnells, Scott Walkers and others who get hard-ons thinking about squeezing the working American and killing their prosperity objectives by instituting the Reaganomic Trickle Down scam, whereby the rich are rewarded with tax cuts, and government freebees, such as the Federal Reserve’s near zero percent interest rates, along with tax loopholes and the off-shoring of wealth, while pretending that that wealth funneled to the top will drip down to the rest of the population through constricted economic IV tubes.

Does the Obamadier have the balls to stand up to anyone? Those in the Reichwing, such as Huckabee, Gingrich, Santorum, and others who are engaged in a large circle jerk as they chant mantras like, “kill collective bargaining”, or “down with Social Security and up with fee based investment vouchers”, or “health care vouchers and death panel panels”. This is their Viagra.

Bernanke is in a box right now. He is pissing in his Depends thinking that he will have to raise interest rates. The gravy train to the corporate elite might be coming to a close.

Will China be ending their nuclear plant development? Will their oil consumption grow? Will their construction boom slow or end? Will they raise interest rates, too?

In addition to America’s economic crisis, is the economic drain we are experiencing as we use huge amounts of fuel, oil, and other resources in Iraq, Afghanistan, and on our bases all around the world. All that oil and fuel jacks up our domestic pump price, since domestic usage competes with the Pentagon’s need for it.

Japan will find itself with hot money cash flows as investors flee low interest rate nations, which are not creating employment growth. In the U.S., our production has become more efficient, whereby more is being produced for less of a cost, but corporations are not hiring, but instead, laying people off. The improvement in production costs is good for our GDP, yet the Reichwing wants to feed the predatory beasts, instead of slaying them and creating domestic demands, by producing more of what we import domestically. The Reichwing keeps stroking the budget deficit phallus, instead of realizing it is more about our rising trade deficit than the message in their fear-mongering speeches, which is designed to scare people into believing that budgets deficits are bad for the country during a deepening recession.

Our health care problem is not about Medicare or Medicaid, but about the massive rise in health care costs and how it continues to run away from our grasp. Social Security would be just fine had Reagan, and those that followed, not stolen what workers had paid into it through their payroll taxes and used those hard earned contributions to pay the wealthiest among us their sweet tax cut deals. The Social Security trust fund would be fine if a fix to repair it would be legislated.

For the U.S. to grow, and to increase its GDP, as well as to put people back to work, it must stimulate the economy as Japan will do: put money into infrastructure, railroads, transportation, sustainable energy, and more. The Obamadier appears to be afraid of his zoo keepers---the corporate elite financiers.

Will he break his chains and defy the jailers by doing what is required to rebuild the United States? Or, will he continue to lick the cash from their hands needed for his 2012 bid for re-election?

thanks for reading, jerry



Thursday, March 10, 2011

The Perfidy of Government: Evidence v. Denial

I don't usually post a piece in its entirety, but this should be read by all.

By Paul Craig Roberts

March 01, 2011 "
Information Clearing House-- This essay is about three recent books that explain how we lost our economy, the Constitution and our civil liberties, and how peace lost out to war.

Matt Taibbi is the best--certainly the most entertaining--financial/political reporter in the country. There is no better book than Griftopia (2010) to which to turn to understand how stupidity, greed, and criminality, spread evenly among policymakers and Wall Street, created the financial crisis that has left Americans overburdened with both private and public debt. Taibbi walks the reader through the fraudulent financial instruments that littered the American, British, and European financial communities with toxic waste. He has figured it all out, and what in other hands might be an arcane account for MBAs is in Taibbi’s hands a highly readable and entertaining story.

For the first 65 pages Taibbi entertains the reader with the inability of the public and politicians to focus on any reality. The financial story begins on page 65 with Fed chairman Alan Greenspan undermining the Glass-Steagall Act leading to its repeal by three political stooges, Gramm-Leach-Bliley. This set the stage for the banksters to leverage debt upon debt until the house of cards collapsed. When Brooksley Born, head of the Commodity Futures Trading Commission, attempted to do her regulatory job and regulate derivatives, the Federal Reserve, Treasury, and Securities and Exchange Commission got her bounced out of office. To make certain that no other regulator could protect the financial system and its participants from what was coming, Congress deregulated the derivatives markets by passing the Commodity Futures Modernization Act.

As an Ayn Randian mentality of a self-regulating private sector crowded out prudence, the media cheered. Taibbi captures the era in a sentence: “In was in the immediate wake of all these historically disastrous moves--printing 1.7 trillion new dollars in the middle of a massive stock bubble, dismantling the Glass-Steagall Act, deregulating the derivatives market, blowing off his regulatory authority in the middle of an era of rampant fraud--that Greenspan was upheld by the mainstream financial and political press as a hero of almost Caesarian nature. In February 1999, Time magazine put him on the cover.”

Mortgage securitization allows lenders such as banks to issue mortgages that can be sold to third parties. Instead of making money from the interest from mortgages in its portfolio, the bank issues mortgages for a fee and sells the mortgages. The mortgages are then combined with mortgages sold by other lenders and resold to investors. This development resulted in lenders being less interested in the credit-worthiness of borrowers.

In order to assure investors about credit-worthiness and to appeal to risk-tolerant hedge funds, the next development was to take a pool of mortgages of varying credit-worthiness and to organize them into three tranches. The mortgages were separated into AAA, B grade, and high-risk stuff. The triple A tranche could be sold to pension funds and institutional investors. Hedge funds would take the high-risk tranche for the high-interest rate that they offered, intending to get rid of the mortgages before they had time to go bad. The middle tranche was the one hard to sell. The interest rate on the B grade tranche was not high enough to appeal to hedge funds, and pension funds were restricted to investment grade.

So what did the banks do? Well, they lumped together all the B grade tranches and started the process all over. The best of the lot were turned into--you guessed it--AAA, then came the B grade, and then the worst of the lot became the third tranche. And then the process was repeated.

This was bad enough, but even worse was happening. Many of the triple A and B grade mortgages had that rating only because of fraudulent credit scores and rating agencies assigning investment grade ratings to lower grade mortgages. Everyone was focused on short-term profits, from the lenders who churned out mortgages for fees to hedge funds that had no intention of holding the high-risk tranches beyond the short-run. You can see how toxic waste was spread throughout the financial system.

Then it became possible to “insure” the AAA mortgages (many of which were not AAA). Once this happened, financial institutions that were required to maintain reserves against deposits or to capitalize obligations, such as insurance policies, could now substitute higher-paying mortgage derivatives for U.S. Treasury notes and still meet their reserve requirements for a ready cash reserve. Treasury notes are so liquid that they are considered the equivalent of cash, and insured AAA securitized mortgages acquired similar status.

AIG became the big provider of “insurance” in an operation run by Joe Cassano. Cassano’s “insurance” product is called a credit default swap. It is not insurance, because AIG did not set aside capital to pay any claims. And claims there would be. Not only were the AAA mortgages that were being insured littered with toxic waste, investment banks and hedge funds could purchase swaps against mortgages that they did not even own. As Taibbi puts it, people were gambling in a casino in which gamblers did not have to cover their bets or own the financial instruments that they were insuring.

While Cassano was collecting fees for bets that he could not cover, Win Neuger on the other side of AIG was lending the insurance giant’s long-term portfolio of sound investments to short-sellers for a fee.

Short-selling works like this: A short-seller thinks a company’s stock price is going to fall in value. He borrows the stock from AIG by putting up collateral equal to its market price the day the stock is borrowed plus a small fee, sells the stock, pockets the money and waits for the stock to fall. If his hunch or inside information is correct, and the stock falls in value, he buys the stock and returns it to AIG, pocketing the difference in the two prices.

Normally, people who lend stock to short-sellers are content with the fee and with the interest on the collateral (cash) invested in safe instruments like Treasury bills. The lender of the stock cannot take any risk with the cash collateral, because the cash must be returned to the short-seller when he returns the borrowed stock.

Once, however, toxic waste got AAA ratings plus insurance from Cassano, higher-paying insured investment grade toxic waste could displace of US Treasuries as a place for Neuger to hold the short-sellers’ collateral. You can see the untenable position into which Cassano and Neuger put AIG.

Enter Goldman Sachs as a buyer of swaps from Cassano and a borrower of stocks from Neuger. Once the real estate bubble that the crazed Federal Reserve had caused popped, all the fraud that had been disguised by rising real estate prices appeared in its naked glory. AIG couldn’t cover Cassano’s swaps, and it could not return the collateral to short-sellers that Neuger had invested, unknowingly, in toxic waste.

This was the origin of the TARP bailout, which was perceived by Goldman Sachs (whose former executives, as Taibbi relates, controlled the U.S. Treasury, financial regulatory agencies, and the Federal Reserve) as an opportunity not merely to have U.S. taxpayers make good on its exploitation of AIG, but also to fund with free capital supplied by hapless taxpayers more money-making opportunities for “banks too big to fail.”

As Taibbi shows, Goldman Sachs had yet more ruin to bring to Americans. Goldman Sachs managed to get the position limits that regulation imposed on speculators in order to prevent speculation from taking over commodity markets (for example, grains, metals, and oil) secretly repealed. This allowed Goldman Sachs to create a new product, index speculation, which brought hundreds of billions into commodities markets and drove up the price of gasoline in 2008 to $4.50 per gallon despite the fact that there was no change in supply or consumer demand. It was entirely a profit rip-off from speculation in oil futures contracts.

From here on Taibbi’s book really rolls. If the U.S. had a media worthy of the name, instead of mere shills for private oligarchs and propagandists for government, Matt Taibbi would be the editor of an independent Wall Street Journal with a regiment of investigative reporters. Then Americans would have a prospect of reclaiming their country and their economy.

Charlie Savage is a summa cum laude graduate of Harvard with a Master’s degree in law from Yale. As a Boston Globe reporter, he documented the destruction of U.S. civil liberties and the constitutional separation of powers as they occurred during the reign of the 43rd president of the United States. Savage draws on this disillusioning experience to give us another important book, Takeover (2007). Savage documents completely how American civil liberty was destroyed by Dick Cheney and the traitors he was able to place in key positions in the Bush regime.

President George Bush, an inconsequential person, gloried in the increase in his power that the Cheney forces and the Federalist Society achieved by a fabricated doctrine of
“inherent power” that allegedly resides in the presidency. This power, its tyrannical advocates assert, places the President above Congress, the Judiciary, and the law itself during times of war. The advocates of this doctrine used war to advance their claims, but actually believe that the President, as long as he is a Republican, is, in fact, a Caesar who is unaccountable.

Savage is a clear, masterful writer. He shows that the Bush/Cheney traitors have left Americans with an executive branch that is unaccountable to statutory law, treaties, international law such as the Geneva Conventions, and Congress. What one reads in Takeover is not opinion but documented fact. There is no better way for gullible flag-waving Americans to sober up than to readTakeover.

Anyone who has any remaining faith in the U.S. government after reading the Taibbi and Savage books will lose it completely when they read James W. Douglass’ JFK And The Unspeakable (2008). Douglass’ book is more gripping than the best thriller or murder mystery; yet, it is based on hard evidence documented in 100 pages of footnotes. Douglass presents the solution to the greatest murder mystery of the 20th century--that of President John F. Kennedy.

Douglass is not the first to take on this task. Millions of people in the U.S. and abroad have been convinced by years of investigation by many competent researchers that President Kennedy was murdered by his own government. What differentiates Douglass book is that he proves it several times over with official government documents that have been declassified in the years that have passed, with personal and careful interviews with eye-witnesses whose testimony was excluded from the Warren Commission’s report and whose mouths where shut by threats that silenced them into old age when they had nothing left to lose, and with circumstantial evidence that is so overwhelming that it could not be a mere coincidence.

In brief, JFK who began political life as a cold warrior was brought face to face with reality in the Cuban missile crisis when the U.S. military insisted that the crisis be resolved by military attack on Cuba and a first-strike nuclear attack on the Soviet Union. Kennedy found his intelligence and humanity isolated within his own government and turned via back channels to Soviet leader Khrushchev for help.

Khrushchev sensed sincerity in JFK’s plea and withdrew the Soviet nuclear missiles from Cuba in exchange for Kennedy’s promise that the US would not invade Cuba.
Kennedy added the promise to remove U.S. strategic missiles from Turkey in six months but not as a public part of the deal.

The U.S. Joint Chiefs of Staff, the CIA, and even the Secret Service entrusted with the
protection of the president concluded that JFK was soft on communism and a national security threat.

Kennedy had not gone along with the Bay of Pigs invasion of Cuba, calling off the U.S. air support. He had nixed the Operation Northwoods project conceived by the Joint Chiefs of Staff to conduct black ops terrorist operations against American citizens in Miami and Washington D.C., to hijack and shoot down American airliners (“real and simulated”), to strafe and bomb Cuban refugee ships headed for Florida and to blame it all on Castro in order to create public support for “regime change” in Cuba.

When Kennedy signed the nuclear test ban treaty with Khrushchev, it brought him more condemnation from within his own government. In the eyes of the Joint Chiefs, the CIA, and the Secret Service, America had a national security risk in the White House who was selling out the country to Soviet deceptiveness.

The decision was made to eliminate the security risk. Douglass presents in fascinating detail every inch of the story. I can’t reproduce it here. Suffice it to say that Oswald was on both the CIA and FBI payrolls. He was set up as the patsy without realizing it until he was in the Dallas jail where he was shot by Jack Ruby, another CIA asset.

The FBI at headquarters level was not part of the plot, although local offices were infiltrated by the CIA. The CIA had set the assassination up so that the patsy, Oswald, was linked to a KGB assassin and to Castro. The goal was to use Kennedy’s murder to enrage the American public and to attack Cuba and the Soviet Union. I know, it sounds to naive Americans like a farfetched conspiracy theory, but I have never seen a better proven case.

After JFK’s assassination, J. Edgar Hoover clued in Lyndon Johnson that the linkages of Oswald to the KGB and Cuba were fabricated by the CIA.

The problem for President Johnson was that the CIA had assassinated Kennedy in a manner that was too transparent. The CIA had overdone its setup of Oswald, for example, to the point that it was transparently a CIA operation.

What to do? If Johnson ordered the arrest of the CIA operatives responsible, the responsibility rose high up into the ranks. What would be the effect on the American public during a difficult time of the cold war if they learned that they could not trust their own government not to murder their own president? In addition, liberals were concerned that if the truth came out, Americans’ trust in their government would evaporate. Heaven forbid!

Johnson made the decision to cover up the crime and that was the task assigned to the Warren Commission.

Edgar Hoover knew the truth, but went along with the coverup.

Johnson and Earl Warren were thinking short-run and did not understand the unintended consequences of the coverup. They thought that by blaming Oswald as a lone deranged assassin, that they had done service by eliminating the CIA plot to implicate Cuba and the Soviet Union. Johnson did not realize that he had handed the U.S. government over to the CIA, and that he would soon be involved in an escalating war in Vietnam--a war that JFK had ordered wound down--which would deny him a second term.

Evidence continues to pile up that the Warren Commission covered up JFK’s murder by a conspiracy within the U.S. government. In his multi-volume Inside The Assassination Records Review Board, Douglas P. Horne, Chief Analyst for Military Records, Assassination Records Review Board, provides voluminous incontrovertible evidence that fraud was introduced into the autopsy reports that served as the basis for the Warren Commission’s conclusion that JFK was shot from behind by a lone gunman.

Out of JFK’s assassination came Robert Kennedy’s assassination, the Oklahoma City bombing, Waco, and 9/11.

Niels Harrit, a professor of nano-chemistry at the University of Copenhagen, together with U.S. physicists and engineers published a paper in the Open Chemical Physics Journal in 2009 that proves that nano-thermite was used to bring down the World Trade Center towers.

In the U.S. this startling finding is unreported except on 9/11 truth sites. The researchers say that in the dust from the World Trade Towers destruction they found unreacted nano-thermite, some of which they tested to confirm their identification. They researchers say that they have enough of the unreacted nano-thermite left for others to examine.

There have been no takers in America. Not a single U.S. physics department, most of which are totally dependent on federal government grants, will touch the subject.

The campaign that has been organized against the finding of Harrit and his associates is that the dust has not been in certified custody, and the explosive material could have been added. This claim overlooks that nano-thermite is a material that is not available to anyone except the U.S. military.

In America today the financial press says we cannot believe Taibbi. Law professors hoping for elevation to the federal bench say we cannot believe Savage. The mainstream media and some leftwing Internet sites say we can’t believe Douglass.

It is in this disbelief of hard evidence that America is dissolving.

Wednesday, March 9, 2011

Richard Koo: The "Strange World" of a Balance Sheet Recession

The education cutting governors throughout the nation are cowards, who cut the needs of children through food supports and educational programs. Governor Scott Walker (WI), and Governor Tom Corbett (PA) are cowards because they cut programs that affect children, our most vulnerable population. It is clear that Republican governors are cowards and won't cut where it would be most effective and tax the richest people and corporations in their states.

Professor Koo explains that a real economic stimulus is essential, as China is delivering. Corbett and Walker are doing the wrong things--they are punishing working people instead of taxing the richest in their states, and the most profitable corporations in their states. State stimulus is what works, and not austerity. They are cowards. Tom Corbett the coward, and Scott Walker the coward are going to damage their state's economy and revenue streams as working people pull back their spending.

Wednesday, March 2, 2011

Eric Holder-Indict The Koch Brothers On Bribery and Influence Peddling Charges-NOW!

 Governor Walker of Wisconsin is Koch Industries' latest whore.

Op Wisconsin: Anonymous Takes Down Koch Brothers

by Abby Zimet     Press Release: #OpWisconsin
Dear Citizens of the United States of America,
 It has come to our attention that the brothers, David and Charles Koch--the billionaire owners of Koch Industries--have long attempted to usurp American Democracy. Their actions to undermine the legitimate political process in Wisconsin are the final straw. Starting today we fight back.
  Koch Industries, and oligarchs like them, have most recently started to manipulate the political agenda in Wisconsin. Governor Walker's union-busting budget plan contains a clause that went nearly un-noticed. This clause would allow the sale of publicly owned utility plants in Wisconsin to private parties (specifically, Koch Industries) at any price, no matter how low, without a public bidding process. The Koch's have helped to fuel the unrest in Wisconsin and the drive behind the bill to eliminate the collective bargaining power of unions in a bid to gain a monopoly over the state's power supplies.

The Koch brothers have made a science of fabricating 'grassroots' organizations and advertising campaigns to support them in an attempt to sway voters based on their falsehoods. Americans for Prosperity, Club for Growth and Citizens United are just a few of these organizations. In a world where corporate money has become the lifeblood of political influence, the labor unions are one of the few ways citizens have to fight against corporate greed. Anonymous cannot ignore the plight of the citizen-workers of Wisconsin, or the opportunity to fight for the people in America's broken political system. For these reasons, we feel that the Koch brothers threaten the United States democratic system and, by extension, all freedom-loving individuals everywhere. As such, we have no choice but to spread the word of the Koch brothers' political manipulation, their single-minded intent and the insidious truth of their actions in Wisconsin, for all to witness.

Anonymous hears the voice of the downtrodden American people, whose rights and liberties are being systematically removed one by one, even when their own government refuses to listen or worse - is complicit in these attacks

We are actively seeking vulnerabilities, but in the meantime we are calling for all supporters of true Democracy, and Freedom of The People, to boycott all Koch Industries' paper products.

 We welcome unions across the globe to join us in this boycott to show that you will not allow big business to dictate your freedom.
    Here is a list of products for your consideration:

U.S. Product Boycott List
  • Vanity Fair    
  • Quilted Northern
  • Angel Soft      
  • Sparkle
  • Brawny
  • Mardi Gras     
  • Dixie              

European Product Boycott List
  • Demak'Up
  • Kitten Soft
  • Lotus / Lotus Soft
  • Tenderly
  • Nouvelle Soft
  • Okay Ktchen Towels
  • Colhogar
  • Delica
  • Inversoft
  • Tutto
To identify these brands, please look for the following logo anywhere on the packaging:
 Goergia-Pacific Logo

By, Anonymous.

PA Senator Pat Toomey's Agenda is to Cut Social Security Payments

Watch PA Senator Pat Toomey state to Fed Chairman Bernanke that withholding payments to vendors, ie, Social Security recipents and others, is more prudent than failing to make payments to foreign creditors holding US securities.

This statement can be seen if you advance the time scroller on the video to 2 hours and 11 minutes!!

Senator Pat Toomey's agenda is to negative affect Social Security payments to retirees who worked their entire lives to build this nation.

Listen to this audio program, which was broadcasted on Fresh Air, by Terri Gross.

The Long-Term Effect Of Wisconsin's Union Battles

"New York Times labor and workplace reporter Steve Greenhouse explains why other states with large budget deficits are now also considering taking on public unions — and how the standoff between organized labor and Republican governors is likely to play out."



Irrational Fed Intervention