Les dessous de l’information mondiale-Downside World News

What do these two stories have in common?

October 30 – UK Telegraph: “Wages in China’s cities have risen by almost 20% since the start of the year, the government in Beijing said…adding to fears that the country’s economy is overheating and might export inflation round the world… Rising prices and inflation are putting pressure on the government to rein in the economy.”

October 30 – Bloomberg: “Axon Financial Funding, a $9.5 billion structured investment vehicle or SIV, had its debt ratings cut by Standard & Poor’s after it sold assets at a loss. S&P cut its rating on the company’s debt by eight steps to BBB, two steps above high-risk, high-yield, from the top AAA investment-grade ranking.”

These stories exemplify two sides of the same economic phenomenon: extraordinary price movement in a short period of time. The only difference is that wage increases represent inflation in terms of real goods and services; the debt ratings cut represents deflation in paper assets.

We live in a strange world in which inflation and deflation are galloping rampantly about the globe, both at an increasing pace. Economists aren’t used to such a world, and their instinct is to choose one or the other as the true operating phenomenon, and in that case the default choice is almost always inflation because deflation is so rare.

Chinese philosophy posits the conflicting yet complementary forces of yin and yang, which is an appropriate analogy since China has been the source of both of these problems. China’s cut-rate manufacturing processes, relying on cheap labor, modest mechanization, and no governmental regulation, have hollowed out the manufacturing base of country after country (and not just Western, developed countries). After twenty years of unparalleled export growth, based also on an artificially weak currency, cost pressures are now building up rapidly in China. China began exporting deflation, then experienced domestic inflation, and is now switching to becoming an inflation exporter.

India has been equally culpable in this game, and I suppose we could also borrow from Hindu theology by referring to inflation as Brahma the creator, and deflation as Shiva the Destroyer. These two forces, ever competing with each other in the universe, are now let loose in the world. Inflation is winning so far, because at least under inflation some people are winners. Debtors get to repay their principal and interest with cheaper currency, and owners of real assets sit by as the value of these assets rises at a faster and faster pace.

So Brahma can accomplish some good, though obviously too much inflation at too rapid a pace can be dangerous. Investors around the world are now chasing after “things” – oil, wheat, gold, copper – anything with tangible value that has some scarcity. One of the reasons tangible things are so valued is that Shiva is out destroying the intangible things like paper assets.

Take the interesting case of Merrill Lynch. In June it was sitting high on the world, the king of the mortgage securitization business. Four months later, Merrill Lynch has been forced to write down about $8 billion of assets, destroying 20% of its net worth and the equivalent of the past four quarters of its profits. Stan O’Neal has lost the chairmanship of Merrill Lynch, and analysts are openly discussing another $10 billion more of write-offs. Some are whispering about the possible collapse of the firm and forced merger with someone stronger.

What hath Shiva wrought? Deflation, certainly, and not just in the mortgage business. Banks, hedge funds, brokers, so-called Special Investment Vehicles (off-balance sheet repositories for bank assets) – they’ve all woken up to an unprecedented and unexpected drop in the value of anything they own that cannot be readily sold. Due to the prevalence of the mark to market process – so useful in the past 15 or so years in allowing the financial industry to declare profits and bonuses when paper instruments were going up in value – financial firms are now struggling to determine how truly deflated their assets are going to be.

Everyone says the banks have not “come clean” about their problems. The truth is, banks don’t really know how bad their problems are. The picture changes from day to day. In August most financial markets had seized up and no one was making prices to each other. Things improved for a while but just this past week the same problems came back with a vengeance. Wednesday last week when the Fed lowered interest rates 25 basis points, it could not actually achieve this goal without injecting $41 billion into the banking system to force rates down. This was the second greatest liquidity injection by the Fed in the last ten years, the largest being right after the 9/11 attacks.

For Fed policy aficionados, the sight of the Fed pushing money into the interbank market to achieve an interest rate cut is extraordinary. It tells us that Fed Funds – the purest and safest form of cash – are another one of those “things” that are now scarce and valued in a world that is highly skeptical of debt instruments. It also tells us that the market-setting level of overnight rates in the U.S. is higher than the Fed wishes it to be.

The one thing the financial industry does know is that it is very unfair to force them to write down assets by as much as 80%, just because they can’t sell them to anybody at the moment. But this valuation accounting process, so lucrative to the industry for two decades, cannot now be jettisoned. Financial firms now have a cadre of independent valuation experts who determine what things are worth. Some of them, like the market risk team with daily oversight of the revaluation process, or the firm’s internal auditors, are subject to management pressure but ultimately have a simple rejoinder for even the chairman if he challenges their price put on something – “if you think I’m wrong, sell just one of these assets and we’ll all see what the portfolio is worth.”

And there’s the rub. Not only are there few buyers, but management wouldn’t dare sell an illiquid asset for 20 cents on the dollar, because the rest of the portfolio would then be written down to that amount. Unfortunately, that’s the current market price for securities consisting of sub-prime mortgages. Even Aaa rated commercial paper, which is supposed to be close in risk to U.S. Treasuries, is no longer carried at par, but is discounted to a price around 85 cents to the dollar. A financial institution like Axon Financial Funding, the firm that just experienced a ratings downgrade from Aaa to just above investment grade, is in the same way being marked down to the market value of its assets. It says a lot about the destructiveness of deflation that a Aaa rated company can fall overnight by eight grades (the usual ratings downgrade by Moody’s or Standard & Poor’s is one grade, and two grades is rare).

The independent experts who mark to market bank portfolios look at this Axon situation and no doubt tell their own management that it is time to put a more appropriate value on their investment and trading portfolios, before the ratings agencies force them to do it. The banks and Wall Street firms and hedge funds are all resisting these pressures for now, because they realize how much is at stake. If Merrill Lynch can lop off 20% of their capital in a wink of the eye, how secure is the other 80%? Each CEO is looking at their own highly-leveraged institution and wondering if they have enough capital to survive this crisis, and they know that every other CEO is wondering about their own institution as well. No wonder no one is lending to anybody else, and the Fed has to force down Fed Funds rates when they announced last week’s interest rate cut.

So we are enjoying housing deflation in the U.S., a steady devaluation of the dollar, and now wholesale destruction of investment and banking portfolios worldwide. Short term lending markets are shaky, the securitization process has been halted in its tracks, asset backed commercial paper no longer trades anywhere, and bank Structured Investment Vehicles are slowly being wound down. Banks which are looking poorly capitalized rather than well capitalized face the prospect of taking on additional assets totaling $1 trillion.

No one wins in a deflationary environment. Once credit becomes impossible to obtain, business contracts and recession (or something worse) follows. Debtors find it better to walk away from their debt rather than pay it back with scarce cash, and this only makes the downward spiral accelerate. While Brahma appears to be winning at the moment, enticing speculators and others to pour into commodities, metals, oil, and a few favored stocks, Shiva will win this battle in the long run. There comes a point in a deflationary environment where the average person has to begin selling “things” in order to survive, or at least make payments on their debt.

Is this financial Armageddon? It’s as least as serious a financial crisis as has ever been seen in anyone’s lifetime. The vast credit creation, money making machine that has been Wall Street finance in the past two decades has been shut down. Other parts of the financial industry, like commercial paper and now overnight cash deposits, are being affected. Whereas in the past commercial banks could step up and lend money when Wall Street faltered, now the major commercial banks of the world are integrally part of Wall Street and haven’t the capital or even expertise to make loans and keep them on their balance sheet. All these players and all these markets are at the very center of the global economy, and their destruction will drive the economy down with them.

At the moment the only people who can create credit anymore are the Chinese, Russians, OPEC nations, and other countries that own “things” or still have some manufacturing and servicing export ability. But they are being swamped by the rising prices of “things”; both China and Russia now have price controls on hydrocarbon products (gas, diesel fuel, heating oil) in order to cushion the shock to their mostly-poor consumers. The inflection point for them – the point when Shiva overwhelms Brahma – will be the inevitable stock market crash in China, likely brought about by some shocking debt default that “no one could have predicted or expected.”

The US secretary of state, Condoleezza Rice, and 14 other Bush administration officials will be compelled to testify in the espionage trial of pro-Israel lobbyists, a judge in Washington ruled yesterday.

The ruling threatens to expose how officials used calculated leaks to the American Israel public affairs committee (AIPAC) to influence ideological infighting about the Middle East within the Bush administration. It would require Ms Rice and others to testify about internal conversations as well as contacts with the pressure group.
The two Aipac officials were arrested in a FBI sting operation in 2004 after they were fed false information about a plot to kill Israeli agents in Iraqi Kurdistan.

Steve Rosen, the former foreign policy chief, and Keith Weissman, the organization’s senior Iran analyst, argue that their conversations were in line with the administration’s unofficial practice of using the lobby as a diplomatic back channel.

Judge TS Ellis III granted lawyers for the two men wide latitude to question Ms Rice, the former national security adviser, Stephen Hadley, the deputy national security adviser and leading official on the Middle East, Elliot Abrams and other key officials. “Defendants are entitled to show that, to them, there was simply no difference between the meetings for which they are not charged and those for which they are charged,” Mr Ellis wrote.

“They believed that the meetings charged in the indictment were simply further examples of the government’s use of AIPAC as a diplomatic back channel.”

He held out little hope that he could be persuaded by administration efforts to block the subpoenas. “The government’s refusal to comply with a subpoena in these circumstances may result in dismissal or a lesser sanction,” he wrote.

The former deputy Pentagon chief, Paul Wolfowitz, will also be compelled to testify. The AIPAC officials are the first people to face charges under a 1917 espionage law that makes it illegal for civilians to receive classified information. A former FBI official was jailed for 12 years last year after pleading guilty to leaking information.

The key here is to examine the shadows in the notated images. Since this appears to be a daylight image, we can assume that the Sun is the only light source. At times other than mid-day when the Sun is directly overhead, objects can only cast ONE shadow since the Sun is the only light source. Shadows must be on the opposite side of any object on the ground. For large holes in the ground, the shadow must be down in the bottom of the hole, on the side nearest the sun. We shall see that the problems with these images is that there are shadows on BOTH sides of structures and objects above the ground.

Uncle needs to employ better graphic artists.

””There are roads one does not follow.

There are armies one does not strike.

There are cities one does not attack.

There are grounds one does not contest.

There are commands of the sovereign one does not accept.””

Sun Tzu (c. 544 BC – 496 BC), “The Art of War”

George W. Bush, May 5, 2006

George W. Bush, October 17, 2007

U.S. President George W. Bush “threatens humanity with World War III, this time using atomic weapons.”

Fidel Castro, Cuban dictator

“World War III will be a guerrilla information war with no division between military and civilian participation.”

Marshall McLuhan (1911-1980), Canadian thinker

“The unleashed power of the atom has changed everything save our modes of thinking and we thus drift toward unparalleled catastrophe.”

Albert Einstein (1879-1955)

“I know not with what weapons World War III will be fought, but World War IV will be fought wiith sticks and stones.”

Albert Einstein (1879-1955)

The two greatest human catastrophes of the 20th century were World War I (10 million deaths) and World War II (62 million deaths).

In February 2002, neocon journalist Norman Podhoretz (a leading warmonger who is currently senior adviser to Republican presidential candidate Rudy Giuliani) wrote an article calling for a new World War. He did it again in an article titled “World War IV: How It Started, What It Means, and Why We Have to Win” (Commentary magazine, September 2004), calling for what he called “World War IV”, i.e. a war against the country of Iran that he demonized by calling its leaders “Islamofascists”, who cannot be trusted with having nuclear weapons as can some other countries in the region that already have them (Israel, Russia, Pakistan, India).

Podhoretz and other fellow neocons label their pet world war “World War IV” because they have decided that the Cold War was really “World War III“.

As a matter of fact, there never was a Third World War between the nuclear-armed USA and the USSR. Indeed, because of the policy of containment and deterrence, such a nuclear holocaust was avoided and the world lived through the last half of the 20th century in relative peace.

Unless one is a madman, nobody in his right mind would contemplate a nuclear world war that would likely kill hundreds of millions of human beings, and which could bring forth the collapse of civilization, and lead to the extermination of human life on earth. Indeed, nuclear armaments have made total war a crime against humanity and civilization. It is of paramount importance to avoid such a calamity.

But when someone is so deeply wrong and confused in his reading and presentation of history, as Norman Podhoretz seems to be, why would anyone want to listen to such a flawed analyst, irresponsibly calling for a new world war? Well, crazy as it seems, the current sitting American president does invite Podhoretz to the White House to get advice on how he should frame American foreign policy in the Middle East. President George W. Bush went so far as to bestow the Presidential Medal of Freedom to Podhoretz in 2004. Does he really agree with Podhoretz’ crackpot ideas about preventive nuclear wars?

What’s going on? Is the world getting crazy or what?

Let us remind ourselves that 25 years ago, neocon Podhoretz and other dimwits wanted President Ronald Reagan to launch a (preventive) nuclear war against the Soviet Union. Indeed, in the early ’80s, some neocon advisers around Reagan were deluding themselves and were arguing that the Soviet Union was preparing for a pre-emptive attack on the United States. They opposed President Reagan’s efforts at rapprochement. They were pushing for the U.S. to achieve nuclear dominance and argued that only a strategy of strength matters. —Mr. Reagan ridiculed them with their hairy plan and he was wise enough to dismiss these exceptionally naive and warmongering “advisers”.

What is frightening today is that many of the same insane Neocons (Podhoretz, Pipes, Perle, …etc.) are now advising the current Bush-Cheney administration. With the operative help of Vice president Dick Cheney, they have already succeeded in persuading George W. Bush to invade Iraq, telling him that it would be a “cakewalk” and that the “war will finance itself” out of Iraq’s oil revenues. Amazingly, Bush’s ears are still open to such wrong-headed advice. Will he be persuaded to launch a campaign of nuclear bombing against Iran, and fall into the neocon trap that President Ronald Reagan avoided?

If we read into Bush’s public pronouncements, he may be well advanced in fostering that very idea. Indeed, on October 17th, Bush II speculated aloud, in apocalyptic terms, about getting engaged in “World War III” if Iran does not bend to his wishes about its perfectly legal uranium enrichment program! What is odd is that President George W. Bush seems to be obsessed about getting involved in a World War III, while he is probably the only person on earth who could possibly start one. —This is most eerie.

Last October 25, the Bush-Cheney administration pursued its unilateral approach to international affairs and announced new sanctions against Iran, designating Iran’s Revolutionary Guard Corps as a “proliferator of weapons of mass destruction” and its elite Quds Force as a supporter of terrorism. Previously, the Bush-Cheney tandem had labeled Iran’s Revolutionary Guard Corps a “terrorist” organization. This is reminiscent of the fall of 2002 when Bush Jr. was cynically swearing on his mother’s head that he was doing anything he could to “prevent” a war against Iraq, when it is now known that he had already given the go-ahead to attack Iraq.

Incredibly, the same cynical neocon scenario seems to be at play during the fall of 2007. The Bush-Cheney administration is inching up its gratuitous threats against Iran, while it has stationed three military naval armadas, more than 150 war ships, in or around the Persian Gulf. This represents an act of war in itself. It seems to me that Bush and his real putative father, Dick Cheney, are trying very hard to start a fight, and will seize any opportunity or pretext to launch a hot war against Iran, possibly using nuclear bombs. As experienced senator Robert C. Byrd (D-W.Va.) has said, the Bush-Cheney’s aggressive war action “not only echoes the chest-pounding rhetoric which preceded the invasion of Iraq in 2002, but also raises the specter of an intensified effort to make the case for an invasion of Iran.”

The Bush-Cheney team is now attempting to push aside Mohamed ElBaradei, head of the International Atomic Energy Agency (IAEA), who says that there is no proof that Iran seeks atomic weapons, just as it pushed aside chief U.N. inspector Hans Blix who said, in early 2003, that Iraq had no weapons of mass destruction. The same charade goes on.

No responsible leader starts wars of aggression (this is against international law and the U.N. Charter) and no responsible leader should talk lightly about an immoral World War that could kill millions of people and that could threaten the survival of the planet. Above all, he should not be itching to start one. —Instead, President George W. Bush should be actively working to prevent a nuclear war and to make such a disaster illegal, and not muse aloud how he could personally be involved in one.

_

Rodrigue Tremblay is a Canadian economist who lives in Montreal; he can be reached at rodrigue.tremblay@yahoo.com

Visit his blog site at: www.thenewamericanempire.com/blog

Author’s Website: www.thenewamericanempire.com/

Check Dr. Tremblay’s coming book “The Code for Global Ethics” at: www.TheCodeForGlobalEthics.com/

NTSB Director of Aviation Safety Bernard Loeb summarized the TWA 800 investigation:  “We cannot be certain that this, in fact, occurred, but of all the ignition scenarios we considered, this scenario is the most likely.”
 
In each case, the three critical phases of the cover-up: investigation and access to evidence, media interpretation of the event, and related litigation, were all tightly controlled to prevent any meaningful discovery of what had really caused the disaster.
 
The people who are preventing the discovery of the facts in such cases are actually complicit in covering-up crimes of mass murder.
 
Logically, there can be no reason for dedicated Zionists to obstruct the investigation of 9-11 other than to conceal the evidence of Israeli and Zionist involvement in the crimes.
 
The FBI, for example, under the command of the Israeli dual-national Michael Chertoff, is responsible for the confiscation of the crucial evidence from 9-11, evidence which has been withheld for more than 6 years.  This evidence includes video tapes of the Pentagon attack and physical pieces from the different aircraft involved.

Michael Chertoff, Asst. Attorney General responsible for the non-investigation of 9-11, is now in charge of the Dept. of Homeland Security, where he continues to control access to the 9-11 evidence through the Soviet-style Sensitive Security Information (SSI) Program.
 
This evidence is critical to prove what happened and which aircraft were involved in the attacks – but the FBI has refused to release this evidence. Neither President George W. Bush nor the U.S. Congress has demanded that they do so.
 
The appointed federal judges Alvin K. Hellerstein and Michael B. Mukasey, and the former assistant attorney general Michael Chertoff, who now heads Homeland Security, have not worked for 6 years to hide the critical evidence and block discovery in order to protect fanatical Arab Muslims or conspiratorial Jesuits. The efforts of these dedicated Zionists have been exerted to protect Israel, the foreign state to which they are wholeheartedly devoted.

U.S. District Judge Alvin K. Hellerstein controls all the 9-11 litigation and has effectively prevented discovery and blocked any of the cases from going to trial.
 
The 9-11 cover-up is now full-blown and their role in it obvious.  The players who are involved in obstructing justice are known.  At this point, patriotic Americans must not abandon the pursuit of the truth.  For those who died on 9-11 and in its aftermath, for our nation and our posterity, we are obliged to find those who are responsible for the crimes and cover-up of 9-11.
 
THE EVIDENCE OF ISRAELI INVOLVEMENT
 
I have pursued the leads of Israeli involvement simply because the evidence indicates that the Israeli military and intelligence had prior knowledge of 9-11, which indicates involvement.
 
The five jubilant Israeli Mossad agents who were caught celebrating and filming themselves in front of the destruction of the World Trade Center and their subsequent public statements indicate that the Mossad had prior knowledge.

Three of the five Israeli agents appeared on Israeli television in November 2001 and admitted that their purpose had been to document the 9-11 attacks.
 
The text message warnings of the attacks sent over the Mossad-controlled Odigo instant messaging system several hours prior to the attacks are further evidence of Israeli prior knowledge.
 
Furthermore, the Israelis have a long history of committing “false flag” terror attacks, particularly against American targets. The Israeli attack on the USS Liberty in 1967 and the Israeli terrorist bombings of U.S. and British civilian targets in Egypt during the 1954 Lavon Affair are the first that come to mind.

The Israeli military intentionally attacked the USS Liberty in June 1967, killing 34 and wounding 171. 

“The [Israeli] ground control station ordered the aircraft to attack and sink the target and ensure they left no survivors,” Steve Forslund, a former USAF intelligence analyst recently told the Chicago Tribune.
 
If the evidence indicated that Saudis, Pakistanis, or even Jesuits were behind the attacks, I would investigate them. The evidence, however, points to Israelis being involved – so I look there.
 
There has been no independent investigation of 9-11 done by the controlled media other than Carl Cameron’s now deeply buried four-part series on FOX News in December 2001. Think about this for a minute. The mass media in the land of the “free press” has not done any independent investigation about the crime of the century.
 
The evidence of Israeli involvement in 9-11 is too obvious so senior editors in the controlled media don’t let their journalists even approach the subject. The journalists of the “free press” in the United States are, unfortunately, confined to the same “Auschwitz of the Mind” as the American public they write for. They know very well that to touch the subject of Israeli involvement in 9-11 would be like touching a live wire.
 
Likewise, when it comes to tracking the Israeli criminal network that has operated in the United States for decades, the U.S. media is simply a dog that won’t bark – or hunt.
 
The extent of Zionist control over the U.S. mass media, including the Internet, is astounding.  The mass media has effectively prevented most Americans from understanding who is really behind the false flag terror attacks of 9-11, and, by extension, the illegal and genocidal wars in Afghanistan, Palestine, Lebanon, and Iraq.

Zionist Jews established their media empire in the United States in the early 1900s and have been able to control how Americans think for generations.
 
The controlled media has left Americans with an extremely distorted view of the Middle East, Zionism, and the history of the Zionist state, Israel.
 
ISRAEL – A TERRORIST STATE
 
Israel is a nation which was founded by terrorists, ruthless men with histories of committing genocidal crimes and false flag terror attacks.  Israel was created in 1948 in Palestine on land that had been “ethnically cleansed” of its indigenous Christian and Muslim inhabitants.
 
Ariel Sharon, the former prime minister who is reportedly being kept in a controlled coma, is also a prime example of an Israeli terrorist.  Sharon came to power in early 2001, about the same time as Bush, some eight months before 9-11.

Ariel Sharon, Israel’s prime minister in 2001, has a long history of committing large-scale terrorist crimes.
 
Sharon is a well-known terrorist and genocidaire who has been personally involved in numerous terrorist atrocities, such as the 1982 massacre in Sabra and Shatila refugee camps, in which thousands of innocent people were massacred. Sharon is a Zionist extremist who believes that every Jew should live in Israeli occupied-Palestine.
 
Realistically, what else besides terrorism and bloodshed should one expect from such fanatical and genocidal terrorists?
 
The sons and daughters of the original Zionist terrorists now occupy the highest positions of power in the Israeli government. Tzipora Malka “Tzipi” Livni, for example, the current Foreign Minister and Acting Prime Minister of Israel, is the daughter of the former terror chief of the Irgun.

Zippy Livni, Israel’s foreign minister is the daughter of the Zionist master terrorist of the Irgun, Yerucham Bzozowitch from Grodno.
 
Born in Tel Aviv in July 1958, “Tzipi” is the daughter of Eitan Livni (a.k.a. Yerucham Bzozowitch from Grodno) a Polish-born Irgun terrorist associated with the King David Hotel bombing.
 
Steven Erlanger, writing about Livni in a New York Times article entitled “Israel’s Top Envoy,” dated February 5, 2006, said:
 
Tzipi Livni, 47, is the first woman to serve as Israel’s foreign minister since Golda Meir. Some think she may be the first since Ms. Meir to be prime minister.
 
She is also a deeply Israeli figure, the daughter of Zionist guerrillas – terrorists in some eyes – who met in the Irgun, the underground organization that fought the British and the Arabs, and that blew up the British headquarters in the King David Hotel in 1946, killing 91 people.

Yerucham Bzozowitch (a.k.a. Eitan Livni), chief terror planner for the Irgun.  Livni, like other Zionist agents such as Boris Senor, went to Britain in the 1940s to kill British leaders.
 
Her father, Eitan, was the Irgun’s head of operations, and on his gravestone is the map of Greater Israel, extending over both sides of the Jordan River.
 
Erlanger suggests that blowing up a hotel full of people in Jerusalem and killing 91 is only a terrorist act “in some eyes.”
 
The unprovoked Israeli military attack on the USS Liberty in 1967, which killed 34 U.S. servicemen and wounded many more, is a prime example of Israeli false flag terrorism.

The fact that the Israeli political leadership and military command decided to launch a vicious attack on a defenseless US reconnaissance ship off the coast of Gaza and kill every man on board illustrates that the Israelis are fully capable of committing such atrocities in their attempts to blame their enemies and achieve their strategic goals.

Dedicated Zionists will either deny or defend these acts of Israeli false flag terrorism as the “pragmatic” thing to do and attack those who disagree as anti-Semitic.
 
FALSE FLAG TERROR – AN ISRAELI SPECIALTY
 
False flag terror acts are an Israeli specialty, as Dr. Kaasem Khaleel points out in his book Wrongly Blamed (2007).
 
“Public terror was invented by the Israelis,” Khaleel wrote citing Christopher Sykes’ book Crossroads to Israel:
 
To achieve their political goals, Zionists are dependent on terror. These terror acts are used as a distraction. Even though the Israelis are the sources, they effectively blame others.  The fabricated terror they commit is an assault on people’s intelligence.  Thus people are being purposely misled regarding the real source of these crimes.
 
The Zionist-controlled media has “purposely misled” the public about 9-11 for the same reason as the Zionist judges, investigators, and commissioners: to protect the evidence of Israeli involvement from being exposed.

The Zionist-controlled media has refused to conduct its own investigation of 9-11, the crime of the century.  Controlled news outlets like the New York Times promoted the “War on Terror” and pushed the illegal war of aggression against Iraq, with propaganda and false reports about weapons of mass destruction provided by Judith Miller. 

Judith Miller of the New York Times spread lies about weapons of mass destruction in Iraq in order to get the illegal war of aggression started.  Deception comes naturally to Judith Miller.  She is the daughter of the William Miller, a Jew from Pinsk, Russia.  Bill Miller was a New Jersey nightclub owner who later made it big as entertainment director of the Sahara, Dunes, Flamingo and International hotels in Las Vegas.
 
The controlled U.S. media works with the Zionist criminal network and allows it to flourish by failing to investigate, identify, or report on the companies and individuals involved.
 
THE PLANES OF 9-11
 
9-11 was an act of false flag terror in which four allegedly “hijacked” airplanes were used as weapons of mass destruction. There are, however, many unanswered questions about the airplanes involved.
 
There are many observations about these planes which suggest they were not the civilian airliners they are said to have been. The plane that struck the South Tower, for example, had shapes, bulges, and holes which have led many analysts to believe it was a Boeing 767-300 refueling tanker that had been disguised as a 767-200 United Airlines passenger jet.

 
Durable parts from the two jets that struck the twin towers, such as landing gear and engines, landed on the streets of Manhattan. On these engines and landing gear are many numbered time-tracked parts which could prove precisely which aircraft they had been put on and when they had been serviced, but the FBI has refused to present this evidence to make its case. Why wouldn’t the FBI present this evidence if it had it?

The numbered and time-tracked parts from this engine can prove exactly which aircraft struck the World Trade Center.  Why has this evidence been withheld?
 
The only possible explanation for the FBI’s failure to present this evidence is that the evidence does not match the planes they say hit the buildings or “crashed” in Pennsylvania.

This FEMA photograph from the Pentagon crash site clearly shows (to the left of the men) parts of what appears to be a small diameter jet engine with its insulated cowling of the same diameter.  There are time-tracked parts from this engine that would identify exactly which aircraft it came from.  Why have these parts not been presented to the public to bolster the government’s case about 9-11?

If the planes that were involved in the attacks on the World Trade Center were, in fact, not United Airlines Flight 175 and American Airlines Flight 11, but remotely-controlled tankers painted to look like civilian aircraft, who could have produced such disguised planes and inserted them into the NORAD anti-terrorism exercise that was taking place in the airspace of the East Coast on the morning of 9-11?
 
ISRAEL AIRCRAFT INDUSTRIES (IAI)
 
Given the evidence of Israeli prior knowledge, the obvious questions are: “Did the Israelis have the means to carry off such a complex operation? And if they had the means, is there a link between their capability and the events of 9-11?”
 
The answer to both questions is yes.
 
The Israeli military and intelligence agency have long had the capability to convert and disguise large-body aircraft in the United States and their companies that do this kind of work are connected to ICTS, the Israeli airport security company that is a prime suspect in the “false flag” terrorism.  ICTS is also a key defendant in the 9-11 litigation.
 
The Israeli military has spawned several aircraft leasing and maintenance companies in the United States since the late 1960s. There is, in fact, a network of Israeli-controlled aviation companies operating in the United States which were all started by Israel Aircraft Industries (IAI), now known as Israel Aerospace Industries.
 
Israel Aircraft Industries is a wholly owned subsidiary of the Israeli Defense Ministry, which produces and maintains planes and missiles.
 
One of the Israeli military’s aviation companies spawned in the United States is, or was an aircraft leasing company named ATASCO, which began operating in the United States in the early 1970s.
 
I began investigating ATASCO in August 2006.  As a matter of fact, I spoke with Shalom Yoran, the Israeli chairman of this now defunct Israeli company, about six hours before three undercover police arrived at my house and, without cause or provocation, TASERed me and broke my elbow in front of my family on August 15, 2006.
 
I had come across Shalom Yoran’s name while researching Amit and Naftali Yoran, the suspicious young Israelis who oversaw cyber-security for the U.S. government and military computers prior to and after 9-11.

Selim Sznycer from Poland (a.k.a. Shalom Yoran), co-founder and former head of Israel Aircraft Industries and Bedek.
 
Shalom Yoran has an extremely suspicious and unusual profile for an Israeli immigrant to the United States.  He was in the original Israeli air force of 1948 and is a founder and former head of Israel Aircraft Industries.  Yoran was instrumental in building the IAI into an internationally recognized company and the largest industry in Israel.
 
Before Yoran emigrated to the U.S., which is very unusual for Israelis of his age and with his high-level military background, he had spent the previous ten years as senior vice president of IAI and as president of IAI’s parent company, Bedek. Israelis like Yoran don’t come to America as immigrants – they are sent there on a mission.
 
Israel Aircraft Industries was established in 1953 as Bedek Aviation Company, five years after the establishment of the State of Israel. Today, Bedek is the senior group of Israel Aerospace Industries, and specializes in aircraft operation, conversion, maintenance, and overhaul.

Bedek hangar in Israel
 
In 1975, when Yoran “left” Bedek and IAI at the unusually young retirement age of 50, the corporation had 22,000 employees, of which 4,000 worked in the Bedek Division. In reality, Yoran didn’t leave Bedek and IAI at all; he was sent by the Israeli military to the United States to manage one of their most important operations – ATASCO.
 
In his on-line biographies, Yoran says he was appointed to this position: “When he retired at the age of 50 [ca. 1975], he was appointed the President of Atasco, an American Flight company for cargo shipment and maintenance.”
 
His 2003 biography on the website of Tel Aviv University (TAU) has a similar tale: “At the age of 50, Shalom Yoran retired from the Israel Aircraft Industries. In 1978 he moved to the U.S. where he became chairman of ATASCO USA – a private aircraft trading and service company. ATASCO bought and leased airplanes to major airlines around the world. The company also had an aircraft maintenance and modification plant in Smyrna, TN.
 
“Shalom Yoran continues to be chairman of ATASCO USA,” the 2003 TAU entry noted.
 
How could an Israeli be appointed to be president or chairman of an “American” company, unless that company were actually an Israeli company disguised as an American company?  And why would an Israeli company doing business in the United States want to disguise the fact that is Israeli-owned in the first place?
 
THE ATASCO-BEDEK CONNECTION
 
ATASCO USA was, of course, created and owned by the Israeli military and connected to the Mossad, but this information is not easily found.
 
There has only been one article that I have found that mentions what ATASCO has been doing for the past 36 years in the United States, since it was first created by the Israeli Defense Ministry in 1971.
 
That article, entitled “Ugandan Plane Deal Believed Key to Israeli Spy Operation,” was published in the Washington Post of September 11, 1978.  
 
This investigative article, which involved an international team of journalists that included an Israeli, focused on the “mysterious Israeli tycoon and the Mossad, Israeli’s intelligence service” and how they had provided the Ugandan dictator Idi Amin with two Boeing 707 jetliners as part of an Israeli effort to spy on Libya.
 
The “big winner” and tycoon in this Mossad spying operation was Shaul Nehemia Eisenberg (1921-1997), “the reclusive Israeli entrepreneur at its center.”
 
Eisenberg was, as the Washington Post reported in 1978, the central figure in the Mossad spying operation on Libya:
 
The chief Eisenberg firm in these deals was Aircraft Trading and Services Inc., or Atasco. Headquartered in Asia House, Eisenberg’s luxury building in Tel Aviv, Atasco also has branches in the “Eisenberg Building” in New York and in London.
 
Atasco was put together in 1971 by executives of Israeli Aircraft Industries, a wholly owned subsidiary of the Israeli Defense Ministry that makes planes and missiles.
 
Eisenberg got into Atasco as an equal partner with Israeli Aircraft for $500,000 in cash. After the 1973 Middle East War, Israeli Aircraft, staggered by scandals, sold its share in Atasco to Eisenberg, leaving him its sole owner.
 
The rest of Atasco’s original capital, $5 million, came from the U.S. Export-Import Bank, which is supposed to make loans to promote American exports.
 
The Ex-Im Bank certainly found the right man in Eisenberg. He quickly turned into an eager customer for Pan American Airways’ used Boeing 707s.
 
Atasco bought 12 or 15 of the advance series “C” 707s that Pan Am was selling and purchased six out of ten earlier series “C” 707s being sold by the airline.
 
At its Israeli hangars, currently jammed with 707s bearing obscure markings, Atasco remodels the interiors to suit customers and paints on their proud colors – Iran Air, Tarom of Romania, Uganda Airlines.

In May 1976, Atasco sold the 707 that was once Pan Am’s “Clipper Jupiter” to a firm in Zurich , which dealt it on to Amin.
 
Intelligence sources say that the head of this Zurich firm is a 15-year veteran of Mossad, the Israeli intelligence agency, and the firm is an agency “laundry.” It exists, these sources say, to pass on Mossad funds for deals in which the Israeli secret service is interested.
 
The Washington Post, one of the most important newspapers in the United States, is a leading national newspaper of record. Oddly, however, the extremely important information contained in this article about ATASCO was never repeated in any of the subsequent articles in which this mysterious company was mentioned.  For example, when Gerald L. Gitner, a key aviation executive with Pan Am, TWA, and a host of smaller airlines, was appointed Chief Executive Officer (CEO) of ATASCO USA, Inc.
 
In 1986, when Gitner became CEO of the Israeli-owned company with a documented history of murky business, it was simply described as a New York aircraft leasing and brokerage company. ATASCO’s previously published history of involvement in Mossad operations was never mentioned.
 
Gitner, who was CEO of Mossad’s “privately held” aircraft leasing and maintenance company until 1990, was involved in the dismemberment and selling off of the assets of the once prosperous Pan Am and TWA airlines.
 
In October 1986, when Gitner was appointed CEO of the Mossad-run ATASCO U.S.A. Inc., he was or had been a senior executive with PanAm Corp. and TWA.  He was the president of Texas Air Corp., the holding company for Continental Airlines and New York Air, when he was appointed president and CEO of ATASCO U.S.A., “a private aviation concern involved in commercial aircraft leasing and heavy aircraft maintenance.”
 
Gitner was also co-founder and president of People Express Airlines. The Houston Chronicle of October 3, 1986, however, only identified ATASCO as “an aircraft leasing and brokerage company.”
 
EISENBERG – “WORLD ENTREPRENEUR”
 
In November 1982, when Eisenberg became involved in the Tregaron deal and tried to take over a large piece of prime real estate in Washington, D.C., the Washington Post wrote about Mossad’s “world entrepreneur” and their point man in China – and Panama:
 
Eisenberg was profiled in a 1981 Business Week article as a businessman of enormous wealth, diversity of business interests, and a proclivity for secretiveness in his dealings. He owns a worldwide network of corporations. His largest company, United Development Inc., was set up in Panama in 1960.
 
Eisenberg essentially acts as a middleman, according to reports on his dealings, assembling consortiums of manufacturers, builders and banks to construct industrial facilities of all types.
 
Since Eisenberg was the “sole owner” of ATASCO since 1973, the Mossad’s “aircraft trading and services” company naturally began its murky business on the American continent in Panama.
 
In 1978 the Washington Post reported that there were “frequent but unsubstantiated reports that Eisenberg operates mostly from Central America.” Eisenberg was the “Panamanian honorary general consul in Tel Aviv,” the Post reported.
 
The first mention of ATASCO other than the 1978 article in the Washington Post was in the New York Times on October 29, 1981, when it reported that Emery Air Freight had purchased a Boeing 727-100 from Atasco-Panama.
 
IDF – ISRAELI DRUG FORCES?
 
Israel Aircraft Industries also has a branch, IAI Sucursal Colombia, in Bogota, Colombia.  Colombia is a nation better known for the production and distribution of cocaine than aircraft. Why would IAI establish aircraft leasing and maintenance facilities in Colombia and Panama?
 
Is airlifting drugs a central part of the IAI operations in Latin America?  Does the Mossad use IAI facilities in Colombia to run its own drug smuggling routes to fund its operations? Does Mossad drug smuggling involve American politicians and intelligence agencies which it then controls?

Israelis and their weapons are all over Latin America.  Here a Colombian military chief tries out Israeli weapons during a visit to Israel.
 
There are a number of indications that the Mossad is deeply involved in the Colombian drug trade. The horde of Mossad operatives who were disguised as Israeli art students in the years prior to 9-11 were known to have been targeting the offices and personnel of the U.S. Drug Enforcement Agency (DEA). Why would the Mossad be seeking to penetrate the DEA if it were not involved in drug smuggling?
 
It is also well known that Israeli gangs are heavily involved in illicit drug smuggling. A disproportionately large number of Israelis have been arrested in Europe and the United States with large amounts of narcotics and synthetic drugs such as Ecstasy. Are these the small fry of a much larger Israeli presence in the illegal drug trade?
 
The rumors about the Bush and Clinton families being involved in large scale drug smuggling operations are legion.  From George H.W. Bush’s days in the Texas oil business and as head of the CIA to his position as a director of the Prozac giant Eli Lilly and Co., the drug trade is a central part of the Bush family legend.
 
The allegations about Gov. Bill Clinton’s involvement in the drug smuggling operation in Mena, Arkansas are also legion. Aircraft were used to smuggle drugs and weapons through the airport in Mena in the 1980s while Gov. Clinton protected the entire operation. 
“Given the scope and implications of the Mena story, it may be easy to understand the media’s initial skepticism and reluctance,” Sally Denton and Roger Morris wrote in their July 1995 article “The Crimes of Mena”:

Mena, from 1981 to 1985, was indeed one of the centers for international smuggling traffic. According to official I.R.S. and D.E.A. calculations, sworn court testimony, and other corroborative records, the traffic amounted to thousands of kilos of cocaine and heroin and literally hundreds of millions of dollars in drug profits. According to a 1986 letter from the Louisiana attorney general to then U.S. attorney general Edwin Meese, [Adler Berriman Seal, or "Barry"] Seal “smuggled between $3 billion and $5 billion of drugs into the U.S.”

Adler Berriman Seal had been a pilot with TWA from 1966 to 1974, according to his on-line biography. Gitner, who began his career at TWA in 1968 was a vice president when he also left TWA in 1974 to join the much smaller Texas International Airlines.

The numerous reports and allegations of involvement in drug smuggling are what the Bush and Clinton families have in common. These are the families which have dominated the executive branch of the United States government since 1981. There has been either a Bush or Clinton in the White House for the past 26 years, since January 1981.

Is the illegal drug business the central criminal activity that the Bush and Clinton families have participated in with the Israeli Mossad?

If the reports, allegations, and rumors are true, the illegal drug trade is where the interests of the Bush family, the Clintons, the CIA, and the Mossad all come together. This would explain the choice to invade and occupy Afghanistan, where opium production is now at record levels after having been nearly eradicated under the Taliban regime.

This would explain the unusual pressure to medicate the 9-11 relatives. 

It appears that drug smuggling could very well be the illegal enterprise at the center of the criminal network behind 9-11. This is a subject that certainly deserves further investigation.
 
“CLIPPER JUPITER” AND ZIMEX AVIATION
 
In the 1978 article about Eisenberg and the Mossad the Washington Post reported that ATASCO had sold the Boeing 707, which had been Pan Am’s “Clipper Jupiter,” to a firm in Zurich, which had immediately transferred ownership to Idi Amin in Uganda:
 
Intelligence sources say that the head of this Zurich firm is a 15-year veteran of Mossad, the Israeli intelligence agency, and the firm is an agency ‘laundry.’ It exists, these sources say, to pass on Mossad funds for deals in which the Israeli secret service is interested.
 
Pan Am’s “Clipper Jupiter,” with tail registration number N766PA, was sold to a Zurich-based company called Zimex Aviation on May 12, 1976. The same day, Zimex Aviation transferred the plane with a new tail number, 5X-UAL, to Uganda Airlines.
 
The “15-year veteran of Mossad” would be Hans Ziegler, who headed Zimex as reported in The Oregonian on August 22, 1988:
 
Charles Hanner, then a Page [Airways] vice president, testified by deposition that he had been introduced to Amin by Hans Ziegler, a veteran agent of Mossad, the Israeli military intelligence service. Ziegler’s Swiss company, Zimex Aviation, had sold a number of aircraft to Middle Eastern potentates and to Amin’s friend Moammar Khadafy, the Libyan dictator.
 
ATASCO TIES TO 9-11
 
Gitner reportedly stayed with ATASCO from October 1986 through December 1989.  In 1989, Gitner was appointed to head Presidential Airways of Herndon, Virginia.
 
Gitner later served on the board of directors of another Mossad-run company, ICTS, which is one of the key defendants in the 9-11 litigation. Along with a handful of senior Israeli Mossad veterans, Gitner was a director of ICTS from at least 1997 through 2005. Most significantly, he was a director of the Israeli parent company which was responsible for airline security and passenger screening at Boston’s Logan Airport on 9-11.
 
International Consultants on Targeted Security (ICTS) International, N.V. is the Mossad-run company that owns Huntleigh USA, the airline security company that oversaw the passenger screening operation at Boston and Newark airports on September 11, 2001.
 
How would Gitner be a director or CEO of a Mossad-run company like ATASCO or ICTS if he were not working for the Mossad? Has Gerald Gitner from Boston been working with the Israelis since he began at TWA in the late 1960s? Is this the reason he left TWA and began working for Texas International?
 
BOEING 767 CONVERSIONS – BEDEK’S SPECIALTY
 
IAI is “a world leader in aircraft conversion and modernization programs, unmanned air vehicles (UAVs), communication programs and defense electronics,” according to the company’s website.
 
Shalom Yoran’s company, Bedek Aviation Group, reportedly converted its first Boeing 767 from a passenger to cargo jet in early 2000.
 
The converted passenger jet was the first of 11 767s to be converted for Airborne-Express, according to the Jerusalem Post of April 4, 2000.
 
“Bedek is one of the world’s leaders in plane conversions,” the Israeli newspaper reported.
 
In early 2001, Bedek delivered a refurbished Boeing 707 refueling tanker for the Israeli air force, according to the Jerusalem Post of February 22, 2001.
 
“The number of [Israeli] refueling tankers is classified,” the Post reported. “The first 707 air refueling tanker converted for the Air Force was delivered 20 years ago.”
 
This Israeli report indicates that Bedek has been converting Boeing aircraft into tankers since the early 1980s.
 
“The main benefit of this present aircraft is in its versatility, its quick conversion from a refueling tanker to a cargo jet. In this way, the aircraft can be used as a cargo plane in times of peace and a refueling tanker in an emergency,” an IAI statement said.

A Boeing 767 refueling tanker.
 
IAI IN MIAMI – COMMODORE AVIATION
 
“Boeing has been working with Israel Aircraft Industries Ltd. for 30 years,” the Seattle Post-Intelligencer reported in October 1998.
 
Miami International Airport has long been the site of one of Bedek’s maintenance stations, along with Paris, Moscow, Baku and Bajkal, according to the Jerusalem Post of January 13, 1995.
 
The Bedek operation in Miami was known as Commodore Aviation. IAI and Bedek had “offices in Arlington, Va.; New York City; Princeton, N.J., for its Galaxy Aerospace subsidiary; and in Miami for its Commodore Aviation unit,” according to the Seattle Post-Intelligencer article from 1998.
 
Florida Gov. Jeb Bush made a four-day trade mission to Israel in November 1999 during which he appealed to the state-owned Israel Aircraft Industries to expand their business operations in Florida.

Commodore Aviation’s hangar at Miami airport
 
IAI’s Miami-based Commodore Aviation was already the largest Israeli business presence in Florida in 1999 with about 500 employees, The Stuart News (Florida) reported.
 
In 2003, Commodore Aviation, “part of IAI’s Bedek Aviation Group,” pulled out of Miami, reportedly owing nearly a million dollars to the Miami airport, and moved to Rome, New York, where it renamed its operation the “Empire Air Center.”
 
“Commodore has been searching for a new location since June 2002 and owes $800,000 in back rent to Miami International Airport, where it’s currently based,” South Florida CEO reported in May 2003, when it announced Commodore Aviation’s move to New York and name change.
 
Like ATASCO, Commodore has been generously funded by the U.S. taxpayer. Commodore Aviation actually made money by its move to the former Griffis Air Force Base, where it operates in a massive hangar in which B-52 bombers and tankers were once serviced.
 
The move profited Commodore, which received some $25 million in grants and tax incentives from federal and New York sources, the Jerusalem Post reported on November 21, 2003.
 
“The whole relocation didn’t cost IAI one dollar,” said Gerry Stoch, New York state’s economic attache in Israel.
 
Copyright (c) 2007 Christopher Bollyn. 
All rights reserved.