Second 9/11″: An Integral Part of US Military Doctrine
Second 9/11″: An Integral Part of US Military Doctrine
by Michel Chossudovsky
For several years now, senior officials of the Bush administration including the President and the Vice President have intimated, in no certain terms, that there will be “a Second 9/11″. Quotations from presidential speeches and official documents abound. America is threatened:
All these “authoritative” statements point in chorus in the same direction: The enemy will strike again! “Second 9/11″: Historical Background The presumption of a Second 9/11 has become an integral part of US military doctrine. America is under attack. The US military must respond preemptively. In the immediate wake of the invasion of Iraq (April 2003), various national security measures were put in place focusing explicitly on the eventuality of a second attack on America. In fact these procedures were launched simultaneously with the first stage of war plans directed against Iran in May 2003 under Operation Theater Iran Near Term (TIRANNT). (See Michel Chossudovsky, “Theater Iran Near Term” (TIRANNT), Global Research, February 21, 2007). The Role of a “Massive Casualty Producing Event” Former CENTCOM Commander, General Tommy Franks, in an magazine interview in December 2003, had outlined a scenario of what he described as “a massive casualty producing event” on American soil [a Second 9/11. Implied in General Franks statement was the notion and belief that civilian deaths were necessary to raise awareness and muster public support for the "global war on terrorism":
Franks was obliquely alluding to a “Second 9/11″ terrorist attack, which could be used to galvanize US public opinion in support of martial law.
Operation Northwoods The concept of “massive casualty producing event” is part of military planning. In 1962, the Joint Chiefs of Staff had envisaged a secret plan entitled “Operation Northwoods”, to deliberately trigger civilian casualties among the Cuban community in Miami (i.e. “staging the assassination of Cubans living in the US”) to justify an invasion of Cuba:
Operation Northwoods was submitted to President Kennedy. The project was not carried out.
Military Doctrine General Franks was not giving a personal opinion regarding the role of civilian deaths. He was describing a central feature of a covert military-inteligence operation going back to Operation Northwoods. The triggering of civilian deaths in the Homeland is used as an instrument of war propaganda. The objective is to turn realities upside down. The agressor nation is being attacked. The USA is a victim of war by the “State sponsors” of ”Islamic terrorism”, when in reality it is the perpetrator of a large scale theater war in the Middle East. The entire “Global War on Terrorism” construct is consistent with the logic of Operation Northwoods: Civilian casualties in America resulting from the September 11 attacks were used as “a war pretext incident” to galvanize public support for a military intervention in Afghanstan and Iraq. As of 2005, the presumption of a “Second 9/11″ had become an integral part of military planning. Statements emanating from the White House, the Pentagon and the Department of Homeland Security point to a growing consensus on the necessity and inevitability of a second terrorist attack on a major urban area in the US. In the month following the July 2005 London bombings, Vice President Cheney is reported to have instructed US Strategic Command (USSTRATCOM) to draw up a contingency plan “to be employed in response to another 9/11-type terrorist attack on the United States”. The “contingency plan” uses the pretext of a “Second 9/11″ to prepare for a major military operation against Iran. (Philip Giraldi, Attack on Iran: Pre-emptive Nuclear War , The American Conservative, 2 August 2005) In April 2006, the Pentagon, under the helm of Donald Rumsfeld, launched a far-reaching military plan to “fight terrorism” around the World, with a view to retaliating in the case of a second major terrorist attack on America. The presumption of the Pentagon project was that an “Attack on America” by an “outside enemy” would result in the loss of American lives, which in turn would be used to justify US military actions in the Middle East war theater. The covert support of US intelligence to Islamic terrorist organizations (the “outside enemy”) slated to carry out the attacks, was of course not mentioned. Various “scenarios” of a Second 9/11 attack on the Homeland were envisaged. According to the Pentagon a second attack on America, would serve an important policy objective. The three Pentagon documents consisted of an overall “campaign plan” plus two “subordinate plans”. The second “subordinate plan” explicitly focused on the possibility of a “Second 9/11″ and how a second major attack on American soil might provide “an opportunity” to extend the US led war in the Middle East into new frontiers:
Martial Law Since 2003, various procedures have been adopted regarding the enactment of Martial Law in the case of a so-called “National Catastrophic Emergency”. Under martial law, the military would take over several functions of civilian government including justice and law enforcement. Initiatives in the area of Homeland Security outlined the precise circumstances under which martial law could be declared in the case of a second 9/11. In May 2007, a major presidential National Security Directive was issued (National Security and Homeland Security Presidential Directive NSPD 51/HSPD 20) which explicitly envisaged the possibility of a Second 9/11: NSPD 51 is tailor-made to fit the premises of both the Pentagon’s 2006 “Anti-terrorist Plan” as well Vice President Cheney’s 2005 “Contingency Plan”. (See Michel Chossudovsky, Bush Directive for a “Catastrophic Emergency” in America: Building a Justification for Waging War on Iran?, Global Research, June 24, 2007). The directive establishes procedures for “Continuity of Government” (COG) in the case of a “Catastrophic Emergency”. The latter is defined in NSPD 51/HSPD 20, as
NSPD 51 is predicated on the notion that America is under attack and that the “Catastrophic Emergency” would take the form of a terror attack on a major urban area. “Continuity of Government,” or “COG,” is defined in NSPD 51 as “a coordinated effort within the Federal Government’s executive branch to ensure that National Essential Functions continue to be performed during a Catastrophic Emergency.” More recently, in May 2008, another National Security Presidential Directive was put forth by the White House entitled Biometrics for Identification and Screening to Enhance National Security (NSPD 59, HSPD 24). NSPD59 complements NSPD 51. The new directive is not limited to KSTs, which in Homeland Security jargon stands for “Known and Suspected Terrorists”, it includes various categories of domestic terrorists, the presumption being that these domestic groups are working hand in glove with the Islamists.
NSPD 59 goes far beyond the issue of biometric identification, it recommends the collection and storage of “associated biographic” information, meaning information on the private lives of US citizens, in minute detail, all of which will be “accomplished within the law” (For further details see Michel Chossudovsky, “Big Brother” Presidential Directive: “Biometrics for Identification and Screening to Enhance National Security”, Global Research, June 2008). NSPD is explicitly directed against American citizens, who are now categorized as potential terrorists. While “conspiracy theorists” have been accused of cogitating regarding the possibility of a Second 9/11, most of the insinuations emanate from official US sources including the White House, the Pentagon and Homeland Security. The fact that a “massive casualty producing events” could be used as part of a US foreign policy agenda is diabolical. The official statements are grotesque. Bipartisan Consensus in the Presidential Election Campaign: “Al Qaeda will Strike Again”
While the presidential election campaign has avoided the issue of a Second 9/11, both candidates have acknowledged the dangers of a second attack. Both Barack Obama and John McCain have underscored their resolve to protect America against Al Qaeda:
Mainstream Media Report: “The Need” for a Second 9/11 While the Washington Post leaked the substance of the Pentagon’s classified documents pertaining to the “opportunity” of a Second 9/11, the issue has not been the object of mainstream commentary or analysis. It is worth noting, however, that in an August 2007 Fox News interview, “A Second 9/11″ was heralded as a means to create awareness and unite Americans against the enemy. Broadcast on Fox News, Columnist Stu Bykofsky claimed that America “needs” a new 9/11 to unite the American people, because they have “forgotten” who the enemy is. He also claimed that “there will be another 9/11″, and Fox New Anchorman John Gibson concurred. Civilian casualties would contribute to uniting the country and creating awareness:
While Stu Bykofsky’s controversial article in the Philadelphia Daily News (August 9, 2007) was, at the time, considered as outlandish, what Bykovsky was actually saying was not very different from the Pentagon’s ploy (modeled on Operation Northwoods) concerning the role of “massive casualty producing events” in triggering “a useful wave of indignation”, thereby galvanizing unbending public support for a military/ national security agenda.
Transcript Fox News Network THE BIG STORY WITH JOHN GIBSON
To view the TV interview click here August 7, 2007, 5PM, EST Columnist Comes Under Fire for Saying “We Need Another 9/11 Attack” Anchorman: John Gibson Interview with Columnist Stu Bykofsky
To view the TV interview click here
AMERICA’S “WAR ON TERRORISM”
by Michel Chossudovsky
CLICK TO ORDER
The expanded edition, which includes twelve new chapters focuses on the use of 9/11 as a pretext for the invasion and illegal occupation of Iraq, the militarisation of justice and law enforcement and the repeal of democracy. According to Chossudovsky, the “war on terrorism” is a complete fabrication based on the illusion that one man, Osama bin Laden, outwitted the $40 billion-a-year American intelligence apparatus. The “war on terrorism” is a war of conquest. Globalisation is the final march to the “New World Order”, dominated by Wall Street and the U.S. military-industrial complex. September 11, 2001 provides a justification for waging a war without borders. Washington’s agenda consists in extending the frontiers of the American Empire to facilitate complete U.S. corporate control, while installing within America the institutions of the Homeland Security State.
Chossudovsky peels back layers of rhetoric to reveal a complex web of deceit aimed at luring the American people and the rest of the world into accepting a military solution which threatens the future of humanity.
The last chapter includes an analysis of the London 7/7 Bomb Attacks.
CLICK TO ORDER (mail order or online order)
|
|
| Global Research Articles by Michel Chossudovsky | |
In this new and expanded edition of Michel Chossudovsky’s 2002 best seller, the author blows away the smokescreen put up by the mainstream media, that 9/11 was an attack on America by “Islamic terrorists”. Through meticulous research, the author uncovers a military-intelligence ploy behind the September 11 attacks, and the cover-up and complicity of key members of the Bush Administration.
candidate Barack Obama says that aunt should be deported
Candidate Barack Obama says that aunt should be deported
Democratic Presidential candidate Barack Obama says that his Kenyan aunt, who is living illegally in the United States, should be deported.
“If she is violating laws, those laws have to be obeyed,” Obama said in a Sunday interview with CBS, which is scheduled to be aired on Monday.
On Friday it was reported that Kenyan Oyanango Obama, 56, was living in Boston illegally.
“We’re a nation of laws,” Obama said in the CBS interview, adding that “obviously that doesn’t lessen my concern for her, I haven’t been able to be in touch with her. But I’m a strong believer you have to obey the law.”
Following the leak of the news, the Obama camp said it would return the USD 265 that Oyanango had donated to the Illinois senator’s bid for presidency, AFP reported. Foreigners who do not hold US citizenship are not allowed to donate money to US political campaigns.
The US Department of Homeland Security launched an investigation into whether the Oyanango leak was in violation of its Privacy Policy. Under federal law the legal status of immigrants should not be disclosed by government agencies, The Washington Post reported on Sunday.
Obama is currently campaigning in Ohio, one of about a dozen crucial battleground states that will decide Tuesday’s presedential election.
http://www.presstv.ir/detail.aspx?id=74137§ionid=3510203
——————————–
Throw Aunti from the bus
Over the weekend, the Associated Press reported that Barack Obama’s beloved Aunti Zeituni Onyango — a Boston public housing resident — was an illegal alien deportation fugitive who was ordered to leave the country by an immigration judge four years ago. Despite her illegal absconder status, she not only obtained federal housing benefits, but also illegally contributed to Obama’s campaign. Obama denies knowing about her illegal status and has promised to return her donations.
And now, Obama has gone and completely thrown Aunti under the bus — joining Obama’s poor grandmother. Via 24ahead, Obama was asked by Katie Couric if he supported the deportation of Onyango:
If she is violating laws those laws have to be obeyed. We’re a nation of laws. Obviously that doesn’t lessen my concern for her, I haven’t been able to be in touch with her. But I’m a strong believer you have to obey the law.
If he were telling the truth, I’d applaud him — and the Left would condemn him as a jack-booted racist.
But he’s lying — and all his cultists knows it.
In 2006, Obama marched shoulder-to-shoulder with illegal alien shamnesty activists in Chicago.
He supports driver’s licenses for illegal aliens.
And he said this:
We are not going to send [illegal aliens] home …Mr. Obama said many illegals have “settled,” “bought property” and have children who are U.S. citizens. He said the country would have to devote “all our law enforcement resources to rounding up people without papers, even if they weren’t causing any trouble,” and once that’s done, the country would have to “empty out our jails.” …That would force police to ignore killers and carjackers and instead be “worried about the guy in the kitchen somewhere who’s working in a restaurant… Not all of ‘em are from Mexico,” because some are from Ireland, Poland or Nigeria. …”Imagine what that would look like, basically detaining, putting in jail 12 million people. We’re not going to do that…”
He’s a diehard opponent of deportation — except if it embarrasses his campaign in the final hours before Election Day.
Obama politics as usual.
Lucky for Aunti, as I noted over the weekend, the open-borders Bush administration and skittish McCain campaign aren’t going to do anything about his duplicity.
Cowardice plus rank opportunism times political correctness = a lasting recipe for immigration chaos.
http://michellemalkin.com/2008/11/03/throw-aunti-from-the-bus/
What About Syria’s and Pakistan’s Sovereignty?
What About Syria’s and Pakistan’s Sovereignty?
By Jacob G. Hornberger
President Bush has been making a big hullabaloo over the fact that the Iraqi regime has not signed on to an agreement that would authorize U.S. forces to remain in Iraq after December 31. Bush says that if an agreement is not signed between him and the Iraqi government, he will cease military operations in Iraq, keeping his military forces inside U.S. bases within Iraq. Bush says that “the law” and “Iraqi sovereignty” would require him to do this, even though he has yet to clarify how “the law” and “Iraqi sovereignty” permit him to keep any forces in Iraq, whether inside U.S. bases or not, if there is no agreement signed extending Bush’s occupation of the country.
In any event, apparently “the law” and the concept of “sovereignty” don’t apply to Syria and Pakistan. Those are two independent countries that Bush’s military forces have recently attacked, killing scores of Pakistanis and Syrians.
Bush says that “the law of self-defense” authorizes his military attacks against these two sovereign and independent countries. He says that people who are trying to evict Bush’s forces from Iraq are using these two countries as bases of operations.
There is at least one big problem, however, with Bush’s interpretation of “the law”: In Iraq Bush is the aggressor — the attacker — not the defender. Iraq is the defender. Therefore, as the attacker Bush is precluded from claiming self-defense when the defender attempts to defend itself.
Assume that an armed robber shoots at you. You have the right of self-defense. You have the right to fire back at the robber. When you fire back, the law does not entitle the robber to claim “self-defense” when he fires at you again. Since he was the one who initiated the attack, only his victim has the right of self-defense.
The principle is no different with respect to nations. Neither the Iraqi government nor the Iraqi people ever attacked the United States. Instead, Bush and his army attacked Iraq. That makes the U.S. the attacker, the aggressor. Iraq is the defender.
Was Bush’s attack legal? Of course not. For one thing, wars of aggression were punished as war crimes at Nuremberg. Second, Bush never secured a congressional declaration of war, which the U.S. Constitution requires. That makes Bush’s war on Iraq illegal under our form of government. Third, the UN Charter, to which the U.S. is a signatory, makes attacks on other countries illegal.
Thus, since Bush attacked Iraq, only Iraq can claim self-defense, not Bush. Moreover, the principle is the same with respect to Bush’s recent attacks on Syria and Pakistan. Not only is Bush’s violation of the sovereignty of those nations as illegal as when he violated Iraqi sovereignty with his initial invasion, Bush’s self-defense justification is as faulty and fallacious as an armed robber’s claim that he was defending himself from his victim’s attempt to defend himself.
The fact is that the Bush regime is going to do whatever it wants to do. In Bush’s mind, whatever he does is legal and moral because it’s all for “freedom” or in accordance with some plan of God. Thus, all the hullabaloo about the necessity for the Iraqis to sign an agreement extending Bush’s occupation of the country is just smokescreen. Bush obviously wants a cover for his continued occupation of the country. But if the Iraqi regime fails to sign an agreement by the December 31 deadline, that’s not going to stop Bush from employing his army any way he wants. That’s what he’s doing with Syria and Pakistan, and that’s what he will continue doing with Iraq. And it will all be legal, agreement or no agreement, because in Bush’s mind whatever the U.S. government does is automatically legal.
How the GOP Enriched the Rich and Made Everyone Else Poor!
How the GOP Enriched the Rich and Made Everyone Else Poor!
If you have experienced a ‘decline’ in your net worth, you have gotten poorer. Congratulations! You have now joined the MILLIONS whose net worth numbers have declined consistently over a period of 28 years of GOP domination, incompetence and vainglorious imperial designs from which ONLY the Military/Industrial complex has benefited! Enough of this crap is enough. Just tell the GOP to bugger off!
The ‘L-curve’ helps one imagine the degree to which wealth in the United States is inequitably distributed by policy and by design. The US population is represented ’stretched across a football field in order of income, from poorest, on the left, to richest. Imagine a stack of $100 bills ‘representing each person’s income.’ For example: a stack one inch high represents a stack of one hundred dollars bills, i.e, $25,000. The red line on the graph represents the height of that stack compared to an American football field.
“The red line in the first picture is the beginning of the U. S. income distribution. On the scale of the football field the line slopes gradually from zero on the left to less than 2-inches high at the 50-yard line ($39,000), to about 4-inches high at the 95-yard line ($132,000). On this scale the entire graph is less than one pixel high, up to this point. It is not until you are well past the 99-yard line that you hit the $1 million mark: a stack of $100 bills 40-inches high. There were over 144,000 people who turned in IRS returns in 1997 with adjusted gross incomes of $1 million or more.” See: Houston Independent Media Center, Wealth Distribution in the US http://houston.indymedia.org/news/2003/07/14100.php
Although the US economy produces tremendous wealth, it is always accompanied in GOP regimes by tremendous poverty. The US, for example, was most egalitarian in the years immediately following WWII. During GOP regimes, income inequality increased and is, in fact, measured with the GINI index. Higher Ginis indicate greater levels of income inequality. These indices have been significantly greater in every GOP regime since World War II.
Certainly –there is enough wealth to go around. Instead, wealth flows upward —not down, as the propagandists of ’supply side’ i.e. ‘trickle down theory’ would have you believe. The problem is systemic –the result of identifiable, right wing policies that can be identified.
The primary culprits are GOP tax cuts by Mssrs Ronald Reagan and Bush; the effect of those cuts have been the deliberate transfer of wealth first to the upper quintile and, most recently, to an increasingly tiny elite of about one percent of the total population See: Dr. Daniel Weinberger, US Census Bureau Briefings; Also see: The Quarterly Journal of Economics: Income Inequality in the United States at the following URL: http://elsa.berkeley.edu/~saez/pikettyqje.pdf. It’s a PDF and cites academic and official, original sources of data.
The “L-Curve”
As wealth is transferred to the very top with tax cuts for only the very, very wealthy and practitioners of ‘corporate socialism’, the masses are left to fight over the crumbs. There is no poverty in America that could not be addressed by simply addressing GOP tax policies –give aways — which deliberately make the rich richer, the working class significantly poorer.
If you are in the middle class now, don’t kid yourself. Unless you stand to inherit a fortune of several billions from a rich and long lost Uncle, the chances are almost exponentially high against you. Chances are –you will NOT progress upward in this society. Moreover, this aspect of American society is the work of one party primarily: the GOP! The GOP is the party of a rich elites who have learned how to ’sell’ a fairy tale: supply side economics, or, derisively –”trickle down theory”. To sum it all up: wealth has never, does not, will not ‘trickle down’.
…what does the Wealthy One Percent want? Answer: more wealth. Where will they get it? As with a tube of toothpaste, they’re squeezing it from the bottom. Median paychecks have gone down by 5.9% during the current regime, but Americans in the bottom fifth have seen their incomes sliced by 20%.
At the other end, CEO pay at the Fortune 500 has bloated by 51% during the first four years of the Bush regime to an average of $8.1 million per annum.
Who Owns America’s Wealth?
So who’s winning? It’s a crude indicator, but let’s take a peek at the Class War body count.
When Reagan took power in 1980, the One Percent possessed 33% of America’s wealth as measured by capital income. By 2006, the One Percent has swallowed over half of all America’s assets, from sea to shining sea. One hundred fifty million Americans altogether own less than 3% of all private assets.
Yes, American middle-class house values are up, but we’re blowing that gain to stay alive. Edward Wolff, the New York University expert on income, explained to me that, “The middle class is mortgaging itself to death.” As a result of mortgaging our new equity, 60% of all households have seen a decline in net worth.
–Today’s Pig is Tomorrow’s Bacon
Clearly –the GOP leadership has learned nothing from the Bush debacle. The GOP has learned nothing from the back to back debacles of Reagan and Bush Sr. The GOP is like the idiot doctor who tells his patient: just keep on doing whatever makes you sick!
Nine straight months of job losses, a collapse in consumer spending, growing home foreclosures, and few good signs for the future, all point, economists now say, to the fact that recession has overtaken the economy.
Today, things appeared to get worse. The government released its quarterly GDP estimates showing the economy shrank by 0.3 percent. The collapse was fueled by the sharpest drop in consumer spending in 28 years, economist Josh Bivens of the Economic Policy Institute (EPI) told reporters on a teleconference after the report was released.
Bivens blamed the the contraction of consumer spending that led to the recession primarily on the collapse of the housing market.
In addition, government data revealed that state and local governments are struggling to make ends meet and dragging down economic growth, and labor income has also fallen over the past three consecutive quarters, Bivens said.
Consumer spending is linked to labor income, Bivens noted. People can only spend in the economy when they have good paychecks or credit. Since both income is falling and debt has many working families unable to continue to spend at the same rates, consumer spending has suffered.
–Recession is On, McCain Offers More Bush Policies
It gets worse. As the utterly failed Bush debacle winds down, the GOP loots the nation, grabbing what has not been nailed down, grabbing whatever has not been already stolen and funneling to banks billions of dollars under the rubric of a bailout that has not bailed out anyone but those who are rich already!
The ‘bailout’ –we were to suppose –would just ‘trickle down’. But like all those other GOP ‘trickle down’ frauds, this one got hijacked by the privileged elites. I believe the money has been largely pissed away and stolen.
How much of that 700 Billion do you suppose has wound up in Switzerland or Lichenstein?
How much has been squirreled away for Bush’s ‘get away’ to Paraguay?
In the meantime, how much of that money has already been given away to cronies as DIVIDENDS?
Half of the bank bailout is being paid out as dividends ! These bastards are shameless!
U.S. banks getting more than $163 billion from the Treasury Department for new lending are on pace to pay more than half of that sum to their shareholders, with government permission, over the next three years.
And in case you missed it two weeks ago: one of every ten dollars of the “bailout” is being used to pay bonuses! That’s right – the bastards are getting $70 billion in bonuses for destroying the financial system and wrecking the economy.
Joe Nocera reported in The New York Times on an Oct. 17, internal conference call for senior employees of JPMorgan Chase, in which a Morgan Chase employee had the bad grace to ask,
“Chase recently received $25 billion in federal funding. What effect will that have on the business side and will it change our strategic lending policy?”
That would be a key question, wouldn’t it? Afterall, the whole purpose of the $700 billion bank rescue was to unfreeze the credit markets and get banks lending again.
–Pissing away $700 billion
Get a rope!
Enough of this crap is enough.
Tell the GOP to bugger off!
Tell the GOP that their ‘contributions’ to the demise of America are no longer welcome.
Tell the GOP that they have worn out their welcome!
Tell the GOP that putting another ‘label’ on the same old bullshit won’t work anymore.
Tell the GOP to get ‘outta’ town, get lost, shut the fuck up, and don’t let the door hit you in your sorry ass on your way out!
http://existentialistcowboy.blogspot.com/2008/11/how-gop-enriched-rich-and-made-everyone.html
The Strong Dollar Illusion and the Coming Dollar Panic
The Strong Dollar Illusion and the Coming Dollar Panic
It has gained in relation to the once mighty euro and the Swiss franc. It has humbled the British pound, the Canadian dollar, and the Russian ruble. It has made the Asian tigers look like pussycats.
Surprising as it may be, the above sentences refer to the U.S. dollar. The greenback just experienced its best week of gains in 16 years against the currencies of six major U.S. trading partners. Against the sterling, the dollar had its strongest week since 1992 when investor George Soros was credited with breaking the pound. Among the significant currencies, only the Japanese yen is powering higher, reaching a 13-year high against the dollar.
Once again, the greenback appears to be everyone’s favorite currency. But is it a sign of the end of the economic crisis and the return of U.S. economic health as one might be led to believe?
Typically the value of the dollar is a good barometer as to the health of the underlying economy. Over the past several years, the dollar has fallen, accurately indicating the overall deterioration in U.S. economic health.
Today, America’s biggest financial institutions are insolvent and failing. The government is spending billions propping up everything from banks and insurance companies to auto manufacturers. Commercial real estate is following residential real estate down the sinkhole, consumer spending is drying up, and the global economy, led by America, is on the verge of stalling. Yet, against that backdrop of negative indicators, the dollar is soaring. What gives?
Over the past seven years, the dollar has fallen drastically against other currencies like the euro and pound. It now appears to be temporarily bouncing. When currencies fall so dramatically, they often reach a point where for the time being, there are no more sellers. At that point, currency valuations can “bounce.” After the pronounced downturn that the dollar has experienced, especially over the last two years, investors may have decided the dollar may have reached a temporary low. Other sickly currencies are now under attack.
It has now become evident the developing world may be falling apart even faster than the United States. This has led to the collapse of what is termed the carry trade. The carry trade is the process by which investors borrow money in low-yielding, weak currencies, such as the yen and U.S. dollar, and invest in high-yielding currencies that will hopefully appreciate in value. The carry trade has been very profitable over the past few years as the dollar and yen tumbled. But now that emerging markets are facing collapse, investors are trying to move their investments out of reals, forints, won and pesos, and back into America (and also Japan). This results in investors selling foreign currencies and buying dollars, driving up dollar demand and thus the value of the dollar.
Another factor now driving up the dollar is that markets are plummeting. When people dump stocks and commodities, money has to be put elsewhere; the dollar is gaining by default. Additionally, cascading share prices mean that stock investors are covering their speculative investments as margin calls threaten. This has created a demand for dollars as they are forced to sell and pay back the loaned money.
And as the global banking crisis/credit crunch has unfolded, it has also created a scramble for dollars as banks have reined in lending, cut credit lines, and desperately tried to raise reserves.
All these factors have created the perfect environment to send the dollar soaring. In essence, the severity of the crisis spooked people back into the most liquid, easily tradable asset available: the U.S. dollar—despite the fact that the U.S has a compromised economy and dying financial system.
But as analyst Adrian Ash, writing for BullionVault, notes, a strong dollar resulting from market panic, as opposed to economic fundamentals, is a recipe for disaster. “How could a strong dollar possibly be in the best interest of the U.S. or global economies if it comes thanks to anything other than a reduction in America’s trade and budget deficits? What good can a strong dollar do if it appears instead thanks to a run on over-geared investment worldwide?”
The artificially high dollar is actually hurting the economy.
A spiking dollar means that all of a sudden, American consumers and businesses can purchase foreign-made goods on the cheap. Conversely, it is much more expensive for foreigners to purchase U.S.-made goods. U.S. exporters are about to get doubly hammered by a slowing global economy and volatile exchange rates. And on the national scale, the trade deficit will shoot up, and hundreds of billions of dollars per year will leave the country through trade.
This is a situation the U.S. government will not be happy with. Too many manufacturing jobs have already left the country, and unemployment is on the rise.
For fiat currencies in a globalized economy, it is a race to the bottom. Don’t be fooled by any “strong dollar” policy talk. As the Cato Journal notes, “a strong-dollar policy is the yeti of economies. Despite occasional sightings, most … scientific evidence indicates that no such species exists.” Governments can’t long stand the pressure of rising currencies.
So what will be the government’s solution?
Each time America has been faced with an economic crisis in the recent past—September 11, the dot-com bust, the Long Term Capital Management failure—it has inflated its way out by goosing the money supply and devaluing the currency.
If history is a guide, this dollar spike may be a golden opportunity for foreign investors to get out of their dollar holdings and to put their dollars to work, purchasing real assets, building infrastructure, etc., before the dollar regains its downward spiral.
And this time, the government’s incentive to create inflation (thereby eroding the dollar’s value) is far greater than in times past. The debts incurred by Americans during the run-up of the housing bubble are larger than ever experienced. America’s pension, Social Security, Medicare and Medicade liabilities absolutely dwarf the economy’s ability to finance them. And the multitrillion-dollar speculative derivatives tower destroying Wall Street may be a threat several times greater.
The only option available to the government, other than completely scrapping the system and starting over, is to create the money necessary to keep things functioning and pay all the bills.
For instance, the stimulus plans proposed by both incumbents are nothing more than Zimbabwe policies. America is broke. As Peter Schiff of Euro Pacific Capital says, “Government either borrows more money from abroad, or gets it from the Fed, which simply creates it out of thin air. Either way, we undermine our economy with additional debt or inflation.” And since borrowed money eventually needs to be repaid, creating money may be seen by politicians as the only realistic way to pay for all America’s liabilities.
And in the meantime, cnnMoney.com is reporting that the Federal Reserve is expected to cut interest rates again this month in a further attempt to boost the money supply and stimulate the economy. Rates have already been slashed to 1.5 percent, and some investors now say the Fed will for the first time in its history slash rates to beneath 1 percent. “Everyone at the Fed has pretty much told you they’re going to cut,” said Rich Yamarone, director of economic research at Argus Research. “They’re in a kitchen sink mode right now. Rate cut, fiscal stimulus, bailouts—they’re throwing everything they can at this right now.”
cnnMoney.com says that even a rate cut to nearly 0 percent, as in Japan during the 1990s, is no longer out of the question. “There’s a hesitation to do it because it looks like desperation,” says David Wyss, chief economist with Standard & Poor’s. “But they’re getting desperate.”
Think about what it means when a currency can be borrowed at rates near 0 percent. Do you know why the average Joe is not allowed to borrow at those rates? Because then everybody would realize what a sham the world’s monetary system is. Everyone would be borrowing if they could get loans at 0 percent. Everyone would have access to as much money as they wanted. But, then the true value of the dollar would be exposed. The value, or purchasing power, of any money that can be created by the click of the mouse, and then lent out, will always eventually approach zero.
But for now, the world continues to panic into dollars—mostly for lack of a better option (although a truly unified European power bloc will soon provide an alternative).
The dollar’s strength will prove very temporary, however. Eventually, all the money being created by the government to prop up the system, and now being horded by ailing financial institutions, will pour its way out into the real economy. When that happens, inflation will strike with a vengeance, and the economic fundamentals will quickly reassert themselves, crushing what remains of the dollar’s purchasing power in the process.
Just as investors have panicked into the dollar, people will just as quickly panic out.
The only question is: How soon? •
Bolivian president suspends U.S. “anti-drug team”(Imperial CIA team) – Viva el Presidente Morales!!! Viva Bolivia!!!
Bolivian president suspends U.S. “anti-drug team”
(Imperial terror dealer CIA team)
Viva el Presidente Morales!!! Viva Bolivia!!!
Bolivian President Evo Morales suspended U.S. anti-drug operations on Saturday as Washington’s relations with his leftist government spiralled downward.
Mr. Morales accused the U.S. Drug Enforcement Administration of espionage and funding “criminal groups” trying to undermine his government.
He announced the indefinite suspension while declaring that his government has eradicated more than 12,300 acres of illegally planted coca so far this year — the minimum required under a 1988 Bolivian law passed under U.S. pressure.
Coca is the raw material for cocaine, but Bolivians use the small green leaf in its less-potent natural form as a traditional tea or for chewing.
Bolivia takes over four energy companies
Bolivia-U.S. relations have deteriorated in recent months as Mr. Morales’ government limited DEA activities and later expelled the U.S. ambassador over charges of spying and involvement in anti-government protests in the eastern lowlands.
“There were DEA agents who worked to conduct political espionage and to fund criminal groups so they could launch attacks on the lives of authorities, if not the president,” Mr. Morales said.
The U.S. in turn added Bolivia to its anti-narcotics blacklist — causing a cut in trade preferences that Bolivian business leaders estimate could cost South America’s poorest country as many as 20,000 jobs.
U.S. anti-drug officials and diplomats have denied any political involvement.
“We reject the accusation that DEA or any other part of the U.S. government supported the opposition or conspired against the Bolivian government,” U.S. State Department spokesman Karl Duckworth said in Washington. “These accusations are false and absurd, and we deny them.”
Mr. Duckworth added that the DEA “has a 35-year track record of working effectively and professionally with our Bolivian partners.”
“Should U.S. co-operation be ended, more narcotics will be produced and shipped to Bolivia. The corrupting effects, violence and tragedy which will result will mainly harm Bolivia as well as … neighbouring Latin American countries, Europe and West Africa.”
Mr. Morales’ decision creates “an unfortunate situation,” DEA spokesman Garrison Courtney said in Washington, but added, “We will find other ways to make sure we keep abreast of the drug-trafficking situation through there.”
Two DEA agents were pulled from the Chapare coca-growing region in September after Bolivian officials reported threats against them from coca growers in the area, a bastion of support for the president, who came to prominence as leader of a coca-growers union battling U.S. eradication campaigns.
The United Nations estimates that Bolivia’s coca crop increased by 5 per cent in 2007 — far below the 27 per cent jump recorded in Colombia, a close U.S. ally. Cocaine seizures by Bolivian police working closely with DEA agents also had increased dramatically during the Morales administration.
Last month Mr. Morales denied a DEA request to fly an anti-drug plane over Bolivia, saying Bolivia doesn’t need U.S. help to control its coca crop.
Mr. Morales is a close ally of Venezuelan President Hugo Chavez, who in 2005 also suspended his country’s co-operation with the DEA after accusing its agents of espionage.
Liban-Beqaa : Coup de filet contre le Mossad – lebanon secret services catch terror mossad team
Liban-Beqaa : Coup de filet contre le Mossad
lebanon secret services catch terror mossad team
The Lebanese army has discovered a Lebanese cell suspected of working for Israel’s spy agency, the Mossad, since the 1980s, the leading Lebanese daily As-Safir reported Saturday.
The report quoted judicial and security sources as saying that the network’s leader and his relative, both of whom have been arrested by the Lebanese authorities, have confessed that they were collaborating with the Mossad.
The Lebanese army arrested the cell’s leader in western Bekaa Valley after having monitored his moves inside Lebanon and his trips to Syria, the report said.
While the sources refused to elaborate, citizens of the western Bekaa Valley town where the arrest took place told As-Safir that security forces raided the suspect’s home and confiscated his vehicle, which was fitted with a camera capable of taking clear pictures of license plates and faces.
The eyewitnesses told As-Safir that the man didn’t have any particular job and that he used to sometimes park his vehicle on the international highway between the Bekaa town of Chtaura and the Masnaa border crossing.
According to the report, sources close to the investigation said the suspect was recruited by the Mossad in the 1980s. They added that documents seized from the suspect’s house and vehicle proved his use of high-tech equipment to contact the Israelis.
The same sources said security forces have also arrested the man’s relative who confessed to monitoring the moves of personalities, convoys and observing sensitive sites particularly in the central Bekaa Valley.
The newspaper said the network had been entrusted over the last 20 years with monitoring several security spots, including Lebanese and Syrian army outposts and Palestinian bases in the Bekaa Valley. However, the cell has in the past few years concentrated on observing Hezbollah posts, members and convoys, the report went on to say.
The Lebanese investigation also revealed that the cell has been monitoring sensitive security areas in Damascus, including the area of Kfar. Investigators are reportedly trying to find a link between the network and the assassination of Hezbollah Military chief martyr Imad Moughniyeh and other personalities in Lebanon and Syria.
The ongoing probe is also focusing on the role the network played in the month-long July 2006 Israeli War on Lebanon.
Ghada Houballah
Ainsi, dans son communiqué, le commandement de l’armée libanaise confirme que la direction des renseignements, dans la région de la Beqaa, est parvenue à arrêter deux individus. Ces derniers sont des membres d’une bande d’espionnage et de terrorisme, en relation avec l’ennemi israélien. Il apparait des informations collectées que cette bande d’espionnage opérait au Liban depuis les années quatre-vingt.
Selon des sources judicaires et sécuritaires citées par le quotidien libanais as-safir, l’armée avait dessiné, après la guerre des 33 jours, une cartographie de personnes soupçonnées d’être en relation avec l’ennemi israélien.
Ensuite, après avoir surveillées toutes les régions libanaises, les autorités libanaises chargées de l’affaire ont découvert un important réseau d’espionnage israélien dans un village libanais situé à l’ouest de la Beqaa. L’enquête a abouti à l’arrestation d’un suspect connu sous les initiales (A-J), qui opérait sous couverture de membre d’un parti politique libanais.
Selon les données collectées par les services de renseignements militaires libanais, le suspect A.J effectuait des missions de surveillance sur la route internationale de Damas, entre la Beqaa et la région frontalière de Masnaa. Il garait sa voiture qui était équipée d’une caméra hypersophistiquée, et enregistrait toutes les allées et venues des convois de personnalités politiques, photographiait les plaques d’immatriculation et les visages.
Suite à son arrestation, le suspect A.J a avoué qu’il avait été recruté par le Mossad avec une bande de palestiniens.
Dans sa maison, on a découvert des preuves tangibles sur son implication avec le Mossad notamment un équipement de haute surveillance très sophistiqué et des documents secrets . M.A.J a également avoué que son cousin l’aidait dans ses missions d’espionnage et de reconnaissance en particuliers dans la plaine de la Beqaa.
Toujours selon les mêmes sources, le « réseau de la Beqaa » n’avait pas seulement pour mission de surveiller les agissements du Hezbollah dans la Beqaa, mais aussi il avait des missions d’espionnage en Syrie, en particuliers dans des régions dites sensibles ou de sécurité. Comme la région de Kafarsousa, là où a été assassiné le commandant en chef de la Résistance islamique, Imad Moughnieh en février 2008.
A ce sujet, les enquêteurs tentent de trouver un lien entre le réseau en question et cet assassinat ainsi que d’autres, que ce soit au Liban ou en Syrie comme l’assassinat de l’agent syrien, le général de brigade Mohamed Souleimane.
Et comme par hasard, le jour où les services de renseignements de l’armée libanaise ont démantelé ce réseau, douze avions militaires israéliens ont violé l’espace aérien libanais lors de missions de reconnaissance au nord et au sud du pays, a annoncé l’armée libanaise dans un communiqué.
Six avions israéliens ont survolé le village d’Alma al-Shaab et d’autres villes plus au sud pendant environ 30 minutes vendredi, précise le communiqué cité par l’agence de presse officielle du pays.
Six autres avions israéliens ont longé la côte méditerranéenne entre la ville de Batroun et d’autres villes situées plus au nord pendant environ une heure, ajoute le communiqué.
Slaves To The Orgy Of Money
Slaves To The Orgy Of Money
Investors on the outside slammed while insiders getting rich, Market conditions indicate you need to protect yourself with gold and silver, Paulson monetary voodoo reanimates zombie fraudster banks, Market crashes set the stage for bank acquisitions, predicting a financial super entity,
Down go consumer confidence and real estate values to all-time lows, but, nevertheless, up goes the Dow undaunted, claiming its second largest point gain ever as the counterintuitive insider trading beat goes on and on and on, ad nausea. Insiders get wealthy, and the non-insiders chasing them get annihilated. This has been the story on Wall Street for over a century. Do you think it was merely some sort of serendipitous coincidence that the dark pool of liquidity, known as Project Turquoise, was set to be activated near the end of August, just in time for all the Illuminist insiders to enjoy the profitable fireworks as volatility reached all-time highs, so that all of their nefarious trading could be done in unregulated secrecy? We can assure you that there are no coincidences on Wall Street. There is only rampant, rampaging insider trading and fiendish manipulation.
Any time they think they are in need of a good fleecing, all the poor sheople have to do is get back into the general stock markets where their Illuminist shearers will be more than happy to oblige them. We absolutely guarantee that the pink of your sheople skin will be showing as all your wool is shaved off right down to the hair follicles. You’ve probably heard about “pink flamingos.” Well, now we are going to see a lot of pink sheople wandering around aimlessly, wondering where all their vaporized money went, as they are prepared for the big slaughter while the Big Sting Two goes into its next phase. You need to protect yourself with gold, silver and their now bargain-basement related shares, unless of course the color pink flatters you.
The Dow, powered by its PPT anti-gravity machine, and in the face of some of the worst economic news of all time, still somehow managed to tack on an unbelievable, mind-blowing and stupefying 889.35 points as the Conference Board Consumer Confidence Index dropped off a cliff from September’s 61.4 to October’s 38, an all-time low (the “experts” expected 52), as the Standard & Poor’s/Case-Shiller 20-city housing index dropped 16.6 percent in August from a year ago, the largest decline on record going back to 2000, and as the smaller, 10-city index, fell 17.7 percent, the biggest decline in its 21-year history. The last of the wild, PPT-manufactured 700 Dow rally points came in the last two hours of trading as the insiders took advantage of low volume, short-covering and a much weaker yen to give the Dow a blastoff to 9,065.12. Just what you would expect as consumer confidence and real estate prices drop into the toilet for a thorough “swirley.”
Wow, look at them fire up that Goldilocks Matrix as reality is scoffed at, and illusion becomes king, just as Dr. Stan Monteith likes to say as he starts each broadcast for Radio Liberty. We can’t help but envision Jim Nabor’s character, private Gomer Pyle, USMC, exclaiming “surprise, surprise, surprise!” as sergeant Carter’s eye twitches because he has shorted the stock market indexes, while they both watch the Dow soar to over 9,000 points, in total contradiction of all logic and market fundamentals. All we can say is: “Shazam!!!” and “Gaaw-aawl-ly!!!”
Of course, we are told by the fane-stream media that this was “bargain-hunting.” And for the first time ever, they are correct. The Illuminist insiders just got the bargains of a lifetime. The non-insiders also got exactly what they bargained for by staying in the general stock markets, by trying to follow market fundamentals and by trying to chase after the insiders, meaning that they got the fleecing of a lifetime which they should have known was coming just as sure as God made little green apples.
In any case, based on the foregoing, we can now tweak the Wall Street formula for profitability as follows: Profitability = Low Volume + High Volatility + Dark Pools of Liquidity + Plunge Protection Team. The mass exit from the stock markets has reduced trading volume. This makes manipulation much easier and much less expensive as the Illuminati line their pockets with more salary and bonus money, which they will no doubt continue to extract, rape and steal from the insider trading profits of their financial institutions which they have burned to the ground, as Paulson and Bernanke work their monetary voodoo to reanimate these walking dead fraudster banks.
In looking over the financial landscape that has emerged since the private Fed was foisted upon the hapless sheople in 1913, we can see the culling process that has emerged. Remember, Rockefeller and Morgan, the heads of the American branch of the Illuminati, hated one thing more than any other, and that thing was competition. During the Panic of 1907, which was orchestrated by Rockefeller and Morgan so they could force the Federal Reserve System and Income Tax down the throats of the sucker-dupe sheople, many smaller banks were sent down the tubes.
Then came the 1929 Stock Market Crash, orchestrated by the newly formed, and very private, partly foreign-owned and totally non-governmental Fed, and that started a second culling process, mostly of small to mid-size banks, which took out about one third of the banks that were then blossoming in the US based on the wealth accumulations of the Roaring Twenties. This culling occurred throughout the period during the 1930s, which we now refer to as the Great Depression. The big Illuminist concerns of course survived, based on their inside information, as did many of the leading Illuminists of the time.
Banks were then left alone for several decades to help finance World War II and the post-War boom, which was used to consolidate Illuminist wealth and power through their military-industrial complex. Then it was time for a third culling, as deregulation and the sanity of past banking standards were discarded to create the S&L Crisis. Many more small to mid-size banks were vaporized by the excesses created through this deregulation and by the inflation which the Fed malevolently caused to hurt banks by reducing the value of their mortgages and forcing them to compete for higher rates by making crazy loans to third world countries and to other unworthy borrowers, particularly those taking out mortgages. These banks borrowed short and lent long, a sure formula for disaster, and the end result was that some 2,400 small to mid-size banks failed.
Note how all these past orchestrated banking disasters affected mostly the bottom rungs of the banking industry, a flagrant and direct elimination of competition to line the pockets of big banking by taking down the smaller fry. But now, in the current crises, which is, more than anything, a credit/capital-crunch powered by an asset crisis engendered by derivative fraud that was made possible by a real estate bubble and a totally opaque, unregulated OTC market, with the subprime problem being little more than a fuse leading to the main charge in the credit default swap and interest rate swap powder kegs, we see a process of culling and consolidation at the upper echelons of the banking industry. This is by design, although the Illuminati have bungled this one and caused far greater damage than they intended, relying on rocket scientists who do not understand how markets work to design their Ponzi-scheme. The idea here is to first create a handful of mega-banks that are too big to fail so they can milk the banking system a little longer and to make sure that the bailout money keeps coming from the sucker-dupe sheople taxpayers to keep saving and bailing the latest incarnations of the too-big-to-fail fraudster banks.
In the end, all these large banks will come crashing down like a ton of bricks because they are irretrievably insolvent, and then they, along with the privately owned Fed, will be nationalized and merged into one super-entity, which will be given all regulatory power over the financial industry. They will no longer have to kill off the small fry by creating catastrophes. They will simply regulate them out of existence until their banking and financial interests have achieved god-like, dictatorial power. They will allow those who want to play the game by their rules to eke out an existence, while all others get vaporized. Once they control all financial matters with an iron fist, the Constitution will become irrelevant because the people will no longer have any power to exercise except by revolution, and we can assure you that a revolution is going to come, and soon. The arrogant Illuminists are in for a big surprise as they continue with their evil plans to enslave and dominate the sheople in an Orwellian police state of feudality.
The current dichotomy between paper and physical precious metals markets is being caused by an intentional bottleneck at the wholesale level. Wholesale gold and silver is being hoarded to fund precious metal suppression schemes, such as sales and leasing, and to maintain dominance of the commercials in the paper markets by preventing a failure to deliver. In essence, this bottleneck between the wholesale and retail levels of the market in precious metals amounts to a de facto confiscation of gold and silver from the masses.
Remember, back during the Great Depression, most people owned gold and silver which was then the main medium of exchange. So FDR had to take it from them, which he did in 1933, to make sure they had no store of value against the upcoming inflationary spiral of money creation and increased national debt that would result from make-work projects, from social entitlements and from World War II, all of which were already in the planning during the Great Depression, and most likely before the Great Depression even got started. This was done so that they could continue their fleecing of the middle class, who they would eventually allow to have some crumbs of prosperity in order to provide US taxpayers with the incentive to create the new industrial powerhouse that America was becoming, a powerhouse that would fuel and finance their future ambition to make the US into a corporatist, fascist police state. Of course, needless to say, all that new prosperity would get taxed, thus increasing their power through the federal government, which they would totally control. As an aside, FDR then increased the value of gold from $20 an ounce to $35 an ounce, giving Illuminists insiders, who had hidden their gold in Europe after being tipped off about the coming US confiscations, a whopping profit.
In any case, most people in the US no longer own gold and silver. They are slaves to the orgy of money and credit that the Fed has provided, and they now worship paper over metal. This means that no confiscation is necessary to prevent the American sheople from having a place to store the value of their savings. All you have to do today is to keep US citizens from acquiring precious metals, first, by making it look too volatile to be a good investment, and second, by making it hard to acquire, especially in larger amounts. That way, you can enslave and impoverish them by diluting the value of the dollar by doling out trillions in bailout money that will be used solely to enrich the elitists and the financial institutions which they have intentionally and malevolently trashed. Without gold and silver, the poor, ignorant sheople are totally defenseless and utterly helpless against the hyperinflationary juggernaut that will be created in the aftermath of these bailouts.
We are now hearing rumors about a potential failure to deliver on the COMEX due to what may be a large demand for physical delivery of gold and silver on the December contract. Where were all you dopey specs sleeping when we cried out for this to be done over a year ago. As usual, no one listened, and now all the hedgies who are not part of the Illuminist cadre who are cleaning up on insider trading transactions are now bankrupt or are being redeemed into oblivion. Such a tragedy, which is made all the worse by the fact that it was totally unnecessary and completely avoidable. Look at the silver market. Ten billion dollars can now buy the entire above-ground world supply of silver. That is just a 10% diversification for some of the larger hedge funds. What the freak were you people thinking?!
As long as the stock markets rally, the dollar will suffer, and the upcoming cut by the Fed will do the dollar no favors. Once money leaves treasuries, and is used to buy other currencies for foreign investments in stocks, bonds and derivatives, the dollar strength will be reversed. We also wonder how long it will be before the big oil producers, who are also big precious metals buyers, will punish the cartel for trashing oil by driving the price of precious metals up in mega-thrusts, as was done not too long ago over the past couple of years.
Note how trashing oil and threatening to drive the dollar back down is keeping the Saudis and other OPEC nations in line. They can break Iran and Venezuela with military intervention quite easily by trashing the price of oil as they scare away any wildcatters who were getting delusions of grandeur in the interim when oil prices were high. This also discourages the innovation of greener energy alternatives, and supports the dollar with the euro effect. Never underestimate how clever these reprobates and sociopaths can be. It is an intelligence and ingenuity born out of the lust for greed and power, which are the real mothers of invention.
After this period of hoarding and sterilization is completed, the floodgates will eventually be opened at the time of their choosing to complete the final orgy of credit and speculation that will be used to complete the Big Sting Two. After that occurs, 6 to 12 months later, we will all be Weimarized, and gold and silver will go inter-dimensional because the elitist will have then become the world’s biggest gold bugs as the final rush to pile Big Sting Two dollar proceeds into real, tangible assets commences and as the dollar and euro are given their final send-offs to fiat money hell in favor of some regional baskets of currency. Meanwhile, the market gyrations that are fueling insider trading profits will continue unabated. This plan fails if everyone bolts for the exits before the final stages of the plan can be implemented, something which is highly likely to occur, especially if we get another untoward event like the Meredith Whitney revelation about Citigroup assets.
The financial system is still hot irrespective of the asset destruction. The funds being made available to banks, Wall Street, insurance companies and transnational elitist conglomerates will shortly re-lever the economy. For the time being the correction will go forward in several spheres and then comes the big money making rally, which will allow these Illuminist entities to mend their badly wounded balance sheets, again at the cost of the average investor and the American taxpayer. Somehow some are now latching on to deflation after our deflation for this period is over. They should have anticipated this short-term deflation six months ago. We will quickly slip back into another inflationary bout as the new reform program slips into action and generally interest rates fall further. The greatest mania in history isn’t over yet. Wall Street and the bankers will have one or two more swings before it is over. That should take two to three years to accomplish. The hold of cheap money and credit and low interest rates will eventually be broken, we just have to be patient
Twin US Drone Strikes Kill 32 in Waziristan
Twin US Drone Strikes Kill 32 in Waziristan
Pakistani Prime Minister Yousef Raza Gilani once again warned NATO that the unilateral air strikes into Pakistani territory were “counter-productive” today as the United States launched two drone strikes, in North and South Waziristan Agency, respectively, killing a total of 32 people.
The attack in North Waziristan is said to have targeted a “mid-level al-Qaeda leader” known as Abu Akash al-Iraqi. One Pakistani intelligence official said that he was believed to have been killed in the strike, though other officials cited local intelligence reports saying he was likely not one of the dead. That attack killed more than 20 people.
The other attack occurred just outside of the South Waziristan town of Wana, just a mile from a Pakistani Army base. Militants were among those reported killed, as were Ahmadzai Wazir tribesmen. The large, well-armed tribe last month threatened to take up arms against the US if the strikes continued. They have not yet responded to the latest attack.
Surprisingly, witnesses say the Pakistani military made no moves in response to the continued overflights or the strikes. The Pakistani Army has reportedly been ordered to retaliate against any incursions across the border. Last month, Pakistani forces opened fire on US helicopters attempting to cross into North Waziristan, sparking a five minute firefight between US and Pakistani ground troops. North Waziristan tribesmen, however, have reportedly fired on the drones over the past two days.
The increasing number of US strikes has strained relations between the US and Pakistan. Last month NATO attempted to distance themselves from the US strikes, saying that they would not participate in any “ground or air incursions” into Pakistan. Jack Straw, the Lord High Chancellor of Great Britain, also hit out at the attacks today, insisting that the United States respect Pakistan’s sovereignty by not launching attacks without prior consent.
————————–
What kind of world are we living in when we can just sit back and observe these kinds of war crimes and nobody says or does anything to try to prevent their recurrence?
Where is the united nations? Where is Banke moon, or whatever his name is? Why is there no official UN condemnation of these illegal and criminal actions by america? No wonder that these actions are being continued because nobody is speaking out. The Pakistani prime minister ought to be ousted from power since he is doing absolutely nothing to prevent any harm from being wrought on his citizens by a foreign power.
And don’t tell me any garbage about america will impose sanctions on any nation that speaks out; this has been happening to Cuba from the time Adam was a lad and if they are able to survive I don’t see how others will not.
America defines nations that they don’t like or that don’t toe their line as rogue states; but their actions in this regard surpass that definition. Clearly, the US is the biggest rogue and terrorist supporting state on the block. I can’t wait to see the US on their knees when their economy comes to a grinding halt.
Some people will say that many other nations will be affected and that may be true but as far as I am concerned, I believe that we as christian nations ought to follow the biblical concept of being our brother’s keeper; irrespective of whether our brother is a muslim, a hindu or whomever.
Eureka
RAND Lobbies Pentagon: Start War To Save U.S. Economy
RAND Lobbies Pentagon: Start War To Save U.S. Economy
Paul Joseph Watson & Yihan Dai
Prison Planet.com
According to reports out of top Chinese mainstream news outlets, the RAND Corporation recently presented a shocking proposal to the Pentagon in which it lobbied for a war to be started with a major foreign power in an attempt to stimulate the American economy and prevent a recession.
A fierce debate has now ensued in China about who that foreign power may be, with China itself as well as Russia and even Japan suspected to be the targets of aggression.
The reports cite French media news sources as having uncovered the proposal, in which RAND suggested that the $700 billion dollars that has been earmarked to bailout Wall Street and failing banks instead be used to finance a new war which would in turn re-invigorate the flagging stock markets.
The RAND Corporation is a notoriously powerful NGO with deep ties to the U.S. military-industrial complex as well as interlocking connections with the Ford, Rockefeller, and Carnegie foundations.
Current directors of RAND include Frank Charles Carlucci III, former Defense Secretary and Deputy Director of the CIA, Ronald L. Olson, Council on Foreign Relations luminary and former Secretary of Labor, and Carl Bildt, top Bilderberg member and former Swedish Prime Minister.
Carlucci was chairman of the Carlyle Group from 1989-2005 and oversaw gargantuan profits the defense contractor made in the aftermath of 9/11 following the invasion of Afghanistan. The Carlyle Group has also received investment money from the Bin Laden family.
Reportedly, the RAND proposal brazenly urged that a new war could be launched to benefit the economy, but stressed that the target country would have to be a major influential power, and not a smaller country on the scale of Afghanistan or Iraq.
The reports have prompted a surge of public debate and tension in China about the possibility that a new global conflict is on the horizon.
China’s biggest media outlet, Sohu.com, speculated that the target of the new war would probably be China or Russia, but that it could also be Iran or another middle eastern country. Japan was also mentioned as a potential target for the reason that Japan holds the most U.S. debt.
North Korea was considered as a target but ruled out because the scale of such a war would not be large enough for RAND’s requirements.
The reported RAND proposal dovetails with recent comments made by Joe Biden, Colin Powell, Madeleine Albright and others, concerning the “guarantee” that Barack Obama will face a major “international crisis” soon after taking office.
It also arrives following a warning from Michael Bayer, chairman of a key Pentagon advisory panel, who echoed the statement that the next administration will face an international crisis within months of taking office.
One would hope that good people, or at least sane people who don’t wish to start a global nuclear war, will oppose the RAND proposal, such as top the military generals who threatened to quit if Bush ordered an attack on Iran. Admiral William Fallon, the head of US Central Command, quit in March last year as a result of his opposition to Bush administration policy on Iran.
Translations from Chinese provided by Yihan Dai.
SOURCES
