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Saturday, 2 October 2010

What Tea Party Congressmen Can Expect

 

Vatic Note: This is an excellent guide and a very good idea what to expect when you show up in place. Another thing you will see is noting the difference between a meeting of committees with both parties, and the caucuses for each party. Remember, they are different.
The caucuses are all about political issues for the party. You might get a valid and objective analysis on a bill that will hurt your party politically with your constituents, but is a favorite of the lobbyists that fund your party election committee through their PACS, and yet the caucuses will decide the parties position on the bill and a strategy for either defeating it or getting it rammed through depending on whether you are a majority party or minority. Each caucus does the same thing. At this point, IN THE CAUCUS, you share with the caucus what impact this will have on you personally as the rep and on your constituents to see if it matches the caucuses line of thinking on the bill.
If it doesn't then the caucus has the job of giving you cover to vote for it or to see to it that you are not hurt by the vote of the others. Maybe establishing a bogus resistance to the bill on the floor speeches and voting against it, but with leaderships permission. Then leadership has to go and drag over a republican in a safe seat to get you off the hook and then the caucus leaders cut thier own deals in return for that favor. Then the caucus owes the other caucus one for the road. Its pretty sleezy work.
Many with integrity cannot take the gamesmanship that goes on and finds it extremely dishonest and eventually quit. That is the shame of it since that leaves those who compromise in a gamesmanship way to be the only ones left to rule. That is bad because once you learn how to do that and justify it in your own mind, then its slippery road down hill into selling out your voters. It never starts intentionally, but it always ends up there.
What Tea Party Congressmen Can Expect
http://americanactionreport.blogspot.com/2010/09/what-tea-party-congressmen-can-expect.html
by Jerry Mills, The American Action Report, Taiwan
Monday, September 27, 2010
As I write this article, the 2010 congressional elections are five weeks away. Even if you’re a Tea Partier who isn’t running for Congress, this article is still for you. After all, you’re not electing a political messiah—that attitude has gotten our country into enough trouble—you’re electing a representative. Your congressman will need you more after the election than before. Just the same, I’ll address you, the reader, as if I were addressing “you,” the Tea Party congressman.
One of the first things you should do when you reach your office is look for the restroom. In January of 1973, newly minted Congressman Ed Young spent the first three weeks going down the hall to meditate. Then he learned that he had a sanctuary in his own office. Asking could have saved him time and steps.
New congressmen attend seminars teaching them the ropes and showing them their leashes. You’ll be told something like, “To get along, go along.” Of course you want to get along, but the phrase, go along, means to obey entrenched politicians as if you were (as a former legislative analyst put it) their cattle.
That will be your first pitfall. You can’t be fully independent; and you must, at first, defer to the views of others. For that reason, you should resolve to find out what veteran congressman’s views are closest to your own and seek advice from him.
Jeffery Daumer

When seeking out wiser veterans, be as discerning as you can. If a congressman tells you that he entered Congress with Newt Gingrich or Bob Barr—as if that remark is supposed to boost him in your eyes—take that as a warning that he’s a neocon plant.
After all, if you were entering a culinary school, what would you think if a prospective culinary instructor told you that he’d learned his skills along with Jeffery Dahmer or Hannibal Lector?
Oh, I’m sure you’ve been told, “Read each bill before you vote on it.” If you did that, you wouldn’t have time to do anything else. The good news is, you can satisfy the reason that people tell you to read each bill. They don’t want to burden you with a lot of reading. What they really want is for you to know what’s in each bill before voting on it. That’s a reasonable request, isn’t it? You can usually satisfy that request by keeping in close touch with special interest groups on all sides of an issue. They will find things in the bill that you would never have located even if you spent all your time reading bills. Gingrich - Traitor


Again, this calls for discernment. Reasons given for supporting a bill often differ from the real reasons—ulterior motives, in other words. Yes, yes, I know: It sounds like conspiracy theory. You’ll soon learn (if you didn’t know already) that Machiavelli was right when he said, “Politics, by its very nature, is conspiratorial.”
pic - strom_thurmond
You should also do as the late Senator Strom Thurmond said. When reviewing a bill, ask yourself three questions, in order: “Is it constitutional?” If it isn't, don’t bother with the next two questions. “Is it wise?” Ditto. “Can we afford it?” That will greatly simplify the decision on whether to vote for it.
Strom Thurmond

If there’s still some doubt in your mind, vote against it. You see, every bill has some impact on people’s freedoms. If for no other reason than that, most bills are bad bills. On top of that, it’s much more difficult to repeal a bad bill than it is to pass a good one.
Respect for your office staff often means a healthy dose of humility—recognizing that their knowledge and insight can take you a long way in building your team. Going back to then-Congressman Ed Young, I was interviewing him in his office (in January 1973) when the phone rang. The side of the conversation I heard went something like this:
“Oh, hi, Floyd. What did you want to talk to me about?” (Pause)“I thought you called me.”
floyd-spence

“Well, I’ll tell you what, Floyd: You ask your secretary, and I’ll ask my secretary, and we’ll find out who called who and what we wanted to talk about.” Of course, your dependence on your staff means you’ll have to use wisdom in selecting your staff and building a smoothly working office.
You’ll also find out that very few congressmen actually write bills. There’s much more to writing a bill than just writing what seems like a good idea at the time. Somebody has to do the research and find out how the bill would impact laws that are already on the books. From time to time, I hear people say that they don’t have any political framework or philosophy. If a bill sounds good, they vote for it. Bad idea.
It’s like a church I once heard about. Four proposals were placed before the congregation. Each proposal sounded good, so they voted for each proposal. Then somebody pointed out how each proposal impacted the other three proposals. Here are the four things the church had decided to do:
1. Build a new sanctuary.
2. Build it on the same site as the old sanctuary.
3. Build the new sanctuary using as many salvageable materials from the old sanctuary as possible.
4. While the new sanctuary was being built, they’d continue to hold services in the old sanctuary.
So, you see, Mr. Tea Party Congressman, you need a framework and a philosophy to guide you—a framework that overarches all that you do. Bills are often written by the people who would most benefit from them, and these interest groups often do the necessary legislative research on them. While this can save you a great deal of time, and give you the benefit of a great deal of expertise for free, there are also pitfalls. Don’t turn up your nose at this kind of assistance, but do sniff at it a little more carefully than usual.
There’s another tendency you should try to avoid. The rightness or wrongness of a bill can’t be weighed by how much support or opposition it has. That’s often because of the incentives involved in supporting or opposing a bill. Let’s say a certain bill would cost the taxpayers $50 million. That’s just a few cents per taxpayer. You wouldn’t find much serious opposition to the bill. Let’s say that same bill would benefit a certain company to the tune of $25 million. That company would have the incentive to drum up a lot of support for that bill, wouldn’t they? Here, the if-in-doubt rule applies: If in doubt, vote against it.
There’s much more I could say, I’m sure, but I’ll leave you with one of the most important points. You can’t give what you don’t have. Every dollar you handle as part of your job belongs to someone else: the taxpayers. It’s theirs. If you presume to give what is not yours to give—whatever the reason—it’s not generosity; it’s theft. Anything that’s immoral or unethical for a private citizen is just as immoral or unethical for an officeholder.
When you take lessons on how to do your job as congressman, the entrenched power brokers will leave out some important information. It’s called the mushroom treatment; on those matters, they’ll keep you in the dark and feed you manure. For my four-part explanation of how Washington really works, click here, here, here, and here
.
They’ll also give you the mushroom treatment on foreign policy. Will Rogers had it right: “Diplomats are as important at starting wars as soldiers are at finishing them. Take the diplomacy out of a war and the whole thing will fall flat in a week.” If you want to know who America’s enemies are, don’t trust the sources that benefit from starting wars.
For a crash course in these matters, check out the series of articles titled “How Terrorism Really Works.” For a series of articles giving you an overview of what we must do to “take America back” from the such disaster industry characters as banksters and the military-industrial complex, check out “Reclaiming America’s Representative Government.”
I started this blog, the American Action Report mainly as a guidebook for freedom rather than as an alternative news source. The Vatic Project does a fine enough job as a news source. I think I’ve given you enough to read.
In the closing credits to the old television series Profiles in Courage, then President Kennedy said, “These stories of past courage can teach; they can offer hope; they can provide inspiration; but they can not supply courage itself. For courage, each man must look into his own soul.” In a sense, I’ve tried to do with the American Action Report what John F. Kennedy said he’d tried to do with Profiles in Courage. I would suggest, though, that you look higher than your own soul and seek wisdom and courage from the Universal Soul Who is the Source of both.
Posted by American Action Report at 3:18 AM
Labels: American Action Report, What Tea Party Congressmen Can Expect


The article is reproduced in accordance with Section 107 of title 17 of the Copyright Law of the United States relating to fair-use and is for the purposes of criticism, comment, news reporting, teaching, scholarship, and research.

http://vaticproject.blogspot.com/2010/10/what-tea-party-congressmen-can-expect.html

RFID to be used to track sheep…and sheeple too

 

By Andrew Steele (about the author)   

For OpEdNews: Andrew Steele - Writer

Why do ancient likenesses of King Tut portray him holding a rod and a staff? Perhaps he and his people saw him as a shepherd leading an empire of sheep -- a common description applied to monarchs throughout history. Indeed, this imagery was used in the Bible when describing the Lord as a shepherd guiding his flock with a rod and a staff. It also serves as the basis for the term "sheeple," used by some to describe those whose minds are so lost to modern day distractions that the global elite finds it easier to sheer them.

It's a metaphor that can't be dismissed when considering society's latest push to track and trace every aspect of human life, and which makes a short report from the Farmer's Weekly Interactive this week quite symbolic.

The story covered how a company named Claas, through its IT daughter Agrocom, will be selling RFID chip earmarks to farmers in the E.U. to manage their flocks of sheep. Claas boasts that the chips are capable of storing a great deal of information, including a sheep's ID number, lambing record, tupping batch and veterinary history.

Months ago I wrote a report,"Video Game CEO Cheers Digital Tyranny and Technological Enslavement," which analyzed a lecture given by a video game company CEO describing a coming future in which RFID chips are placed on every item and monitor what we do -- restructuring society's reward system of currency exchange into one of receiving points for "good behavior," such as walking to work, brushing our teeth, etc.

The fact is, we already live in surveillance society. Some of it is enforced by the state, with intelligence run computer programs that read our emails, cameras mounted in the streets of cities watching us, body scanners at airports that see through our clothes, and now x-ray vans that can see into our vehicles. Meanwhile, one public school has been caught spying on students at home through their laptops, and another school in Connecticut is considering using RFID to track its students and teachers in the name of "protecting their safety."

But it's not just the state propping up the culture of surveillance. It is also being accepted willingly by most people through clever games and advertising campaigns playing upon their vanity and natural desire for convenience.

One example is digital money. With debit cards there's no need to carry all that cumbersome cash and no chance of losing your money unless a thief has your pin number. Though it sounds safe, it also allows the government and your bank to track every purchase you make. As debit cards and direct deposits become more widely used, paper money will eventually go the way of the doctor who makes house calls, and private barter will become the only means of trade that can't be monitored. (Although I imagine the IRS will somehow try).

Recently, the U.K. has begun talking about restructuring its government's tax collection procedures so that employers send their workers' wages directly to the government first (to make sure that it gets what it decides is its proper cut) before sending the rest back to the people who earned them. Such a move in a nation like the U.K. would open the door for other countries like ours to do the same, establishing the precedent that the government has primary ownership over the labor of its citizens.

Years before his death from cancer, famed entertainment manager and activist Aaron Russo said he had inside information that the world's ruling elite planned to subversively implement a world government and a worldwide society in which everyone would have a microchip inserted under their skin, and that they wouldn't be able to buy and sell without it. According to Russo, who learned this information directly from Nick Rockefeller, in this society if anyone were to step out of line the state would be able to simply turn off that person's chip.

Today, the notion of "chipping" human beings is no longer just a subject of speculation, but the focus of news stories in the mainstream media selling it as the next step in societal evolution, and an efficient tool with which humans can better interact. Giving lip service to privacy concerns, and making passing jokes about "Big Brother', pundits and so-called "experts" talk about the possibility of an RFID chipped world of sheeple with childish excitement, stressing the meager advantages of such a world so that they seem bigger than the obvious common sense disadvantages that tower over them.

Like with any new product, RFID tracking is being marketed as trendy and cool.

Facebook, as most people know, is a popular social networking site in which people voluntarily profile themselves, create picture albums in which they and their friends can be "tagged" (face-scanned to track real world associations) and post their random thoughts on personal message boards. In Israel, Facebook -- working together with Coca Cola -- put on an event in which teenagers wore RFID bracelets to the Coca Cola village, scanning them when doing anything there. With each scan a notice was posted to the teens' individual Facebook profiles, announcing what they were doing. The video of the event showed students happily holding up their tagged wrists with big smiles on their faces -- selling the message that surveillance not only makes life more convenient, but fun too.

As this continues, RFID surveillance and inevitable human chipping will further the existence of shepherds and sheeple, placing most of humanity in the second category and allowing a privileged few to oversee the lives of those beneath them. The reality of an entire world controlled by technological masters is here. Those who cheer it on fail to recognize a basic truth about power--that it will attract those who want it most, and will do whatever it takes to get it. When power -- in this case over the privacy and livelihoods of so many -- is concentrated, it becomes not a question of if it will be abused, but when? Human nature having been consistent throughout history, it will only be a matter of time before the society of convenience being sold to us transforms into a society of subjugation.

But then again, if you listen to the warnings of the late Aaron Russo and countless others like him, you'll realize -- that's the point.

http://www.opednews.com/articles/RFID-to-be-used-to-track-s-by-Andrew-Steele-101001-900.html

Comet Hartley 2 - Comet and Earth to Have Rare Close Encounter

 

Typically during the course of a year about a dozen comets will come within the range of amateur telescopes. Most quietly come and go with little fanfare, but during the upcoming weeks one rather small comet will be making an unusually close approach to the Earth. On Oct. 20, Comet Hartley 2 will pass just over 11 million miles...

http://www.armageddononline.org/comet-hartley-2-october-2010.html

Friday, 1 October 2010

Another False Flag Threat by the US/British/Zionist Terrorists???

 

Another False Flag Threat by the US/British/Zionist Terrorists???
Vatic commentary
by Vatic Master, Sept 30, 2010
Are the International Rothschild Zionist Bankers planning another major 9-11 Terrorist attack? I suspect so, you can tell by which MSM paper they own they chose to announce their intentions for justifying WW III blaming the poor muslims and non existant AQ and Taliban ONCE AGAIN. We have that Rothschild banker owned MSM article below as evidence of this serious crime being proposed. We have said many times, but we are going to keep repeating it, IF THERE IS ONE MORE ATTACK ON AMERICAN SOIL AND ONE MORE AMERICAN IS MURDERED, than the Rothschild bankers internationally and nationally who did it are who we are to go after, including all those involved in 9-11.
Its time for justice and a clean sweep anyway, this would simply provide for the justice that is so sorely needed to heal the wounds of this nation and its people. Without justice, a nation will die and this we must prevent at all costs. I strongly recommend Europeans make the same commitment to let the zionist terrorists know that it will cost them to do this again. This time we "know" who is what.
The history of these Zionist bankers "intentionally killing Americans" to instigate their much needed wars to increase their wealth and power is long and dirty. They, NOT THE MUSLIMS, are our enemy and the international terrorists who must be stopped. First was the Lavon Affair that was exposed early enough to avoid massive American deaths. Then came the USS Liberty, remember that one? It was worse than just an accident. We learned they tried everything to sink that ship and it was brutal and worse when these men dying knew it was done intentionally by their very ally, Israel, It was hard for them to comprehend an ally could intentionally murder their own best friends.
It changed the survivors entire view of the USA's relationship with Israel and the zionists forever. (in fact a threat was made by "MOSSAD" to assassinate one of the more vocal USS Liberty survivors). Then came the USS Cole and the senior FBI investigator (scroll down to John O'neils name) trying to find out what happened that again killed our sailors for no apparent reason WHO FINALLY FOUND EVIDENCE OF MOSSAD INVOLVEMENT , using like they did in South Korea, their submarine to torpedo the USS Cole. Finally came 9-11 and who did it? Well, Vatic provided a comprehensive massive evidence blog on that question and the answer was "Israel" did 9-11.
This does not even include any part Mossad may have had in the the assassinations domestically that have gone on since 9-11, 89 microbiologists, Senator Wellstone and Carnahan, One of the 9-11 victims spouse who was to meet with Obama, JFK Jr, to keep him from running against the Hillary clinton in the senate race that she won and launched her into the white house in the key position of Sec of state to extend Israel's control over our foreign policy. etc.

There is more we do not know about yet, but these assassins in our CIA in concert with mossad were exposed by Seymour Hersh of the NYer and not denied by either administrations. So we have a serious history of these terrorist events with not a SINGLE MUSLIM ANYWHERE IN SITE OR NEARBY. Nor is HOMELAND SECURITY doing the job it was paid to do, since it is controlled by the Dual Israeli IDF mossad officer, as chief of staff in the White House (Rahm) and controlled in congress by Israeli Senator Lieberscum, .
The terrorism conducted by Israel in this nation is blatant and seriously well documented that would hold up in any court with a conviction and imprisonment in our international banker owned private run prisons. Yet, Homeland Security treasonously does nothing to stop it, investigate it, or prosecute it. This makes them aiders and abettors to the crime which carries the same penalty as that put upon the mass murderers they are covering for, which is by the way a death penalty offense. Lets start talking truthfully about all this shall we? Its way past time to be dancing around the truth.
Keeping all of this above in mind, now read this below by a international banker owned MSM from the seat of international terrorism, BRITIAN, by the Rothschild bankers, exactly what the next false flag is going to be.
Keep in mind as you read this piece of blatant propoganda and disinfo, that proof is now fully available that 1. Al Qaeda was created and is currently funded by the CIA who works for the British "Tavistock Group" that we proved on here, and 2. That we also proved that the CIA and Mossad, funds the taliban in both Afghanistan and Pakistan and, 3. We have contracts with Blackwater to also do false flags dressed as taliban in both countries. When you realize how much of our terrorism is done by ourselves and the british zionist international bankers, it then becomes clear who the real enemy is and how Nazi this has become.
This article below is an attempted continuation of harming and killing Americans and now other Europeans to acheive their political agenda without regard to the lives they will be taking to achieve it. Another false flag to complete the move toward world war for profit and power and fascist globalizing which is moving forward daily as we speak. This was to put the icing on the cake. Hopefully the pure exposure of it will stop it, but I doubt it, the terrorist/traitors are running out of time. Notice the paper mentions the various false flag bomb threats that never materialized in France. Well Zarkozy works with Mossad, so who is the threat to the French people??? Remember that when you read in the article about the threat to France and what those poor people went through.
We, the people of all nations on this planet must begin obtaining the same focus and commitment as our would be assassins. Do not forget their goal...... 6 BILLION PEOPLE TO BE DEPOPULATED in order to ensure their control over the remainder and it can only be done by Sterilization (Monsanto Seeds) and mass murder (nuke or bioweapon attack).
We are powerful and out number them by billions and they know and fear that more than anything. Know that....and think on it well and long. We are the ones who they should fear should we become angry enough. It appears from the riots in europe we are close to that point. 10 years of this war by terror against their own people is long enough.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Plan for multiple terror attacks uncovered
http://www.ft.com/cms/s/0/b42b92c6-cb97-11df-a4f5-00144feab49a.html
By James Blitz in London and agencies , obtained by Vatic from Alex James
Published: September 29 2010 09:03
Last updated: September 29 2010 09:23
Western intelligence agencies have disrupted plans for multiple attacks on European cities by a group thought to be linked to al-Qaeda, security sources have confirmed to the Financial Times. (VN: Ah, good, they have "DISRUPTED PLANS", this is good, yes? And further the group is linked to AQ, I wonder if that is linked through the CIA, the AQ employer?)
According to these sources, terrorist groups based in Pakistan were planning simultaneous strikes in London, as well as cities in France and Germany.
US security officials told Reuters news agency on Monday night that they could not confirm that a plot had been disrupted. But they said they believed that the threat of a plot or plots was continuing. (VN: What? Do not the intel security forces of both Britian and US talk to each other? Why can't they confirm the "disruption" and why then if disrupted is the threat still continuing? Oh, thats right, disruptions do not cause sufficient fear.... need it to be continuing to keep the fear going)
Four US security officials, who asked for anonymity when discussing sensitive information, said initial intelligence reports about the threat first surfaced about two weeks ago, around the time of the anniversary of the September 11, 2001 attacks on the US. (VN: Wow, a record number of security officials asked for anonymity, wonder if this was all at once at the same time or over time? How lucky for us they exposed so little, very little details in any of this, has anyone else noticed?)
According to security sources in Europe, the plot was at an “advanced but not imminent stage”. (VN: good thing they disrupted it then since it was not imminent)
Britain in January raised its international terrorism threat level to “severe”, the second-highest level of alert in the five-tier system. The head of Britain’s MI5 security service, Jonathan Evans, said on September 16 that there remained “a serious risk of a lethal attack taking place”. (VN: how is this possible if they disrupted it and why do we spend so much on these depts when they can't even handle decent and detailed intel on what cave dwelling pakistanis' are doing to threaten the Globe? Waste of tax payer dollars I would say. The intel people say they disrupted the attack and then still say there is a serious risk of attack and don't even tell us by what mode? THEY KNOW NOTHING???? Shades of 9-11 if you ask me, Downey street memo time).
The Eiffel Tower and the surrounding Champ de Mars park were briefly evacuated on Tuesday because of a bomb alert, the fourth such alert in the Paris region in as many weeks, but a search turned up nothing, police said.
Brice Hortefeux, the French interior minister, said on September 20 that France faced a real terrorism threat due to a backlash from (CIA financed) al-Qaeda militants in North Africa, with fears growing of an attack from homegrown cells within French borders. (VN: I think their real terrorist threat is from the Israeli mossad partner, French President Zarkozy)
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The article is reproduced in accordance with Section 107 of title 17 of the Copyright Law of the United States relating to fair-use and is for the purposes of criticism, comment, news reporting, teaching, scholarship, and research.

http://vaticproject.blogspot.com/2010/09/another-false-flag-threat-by.html

Even Wal-Mart Can’t Avoid Food Inflation Anymore

 

From Bloomberg: Wal-Mart Stores Inc.’s prices rose in September to the highest level in at least 21 months, according to JPMorgan Chase & Co., as the world’s largest retailer scaled back discounts from earlier this year. The cost of a 31-item basket of goods at a Wal-Mart in Virginia was $95.75, a 2.7 percent increase from August [...]

http://www.red-alerts.com/intel/even-wal-mart-cant-avoid-food-inflation-anymore/

In the News: Cyber Weapon Hits Iran

 

Yesterday Iran confirmed the Stuxnet worm had infected laptops at one of its nuclear reactors. What are the new vulnerabilities for America and the world? Our report...

http://www.pbs.org/wgbh/pages/frontline/shows/cyberwar/

Thursday, 30 September 2010

The Secret history of the Freemasons

 

Discovery channel secret history of the FreemasonsAn unprecedented inside look into one of the world's most mysterious organizations: the Freemasons....

 


[[ This is a content summary only. Visit my website for the full story www.Trends2012.co.cc ]]

Anti-Austerity Riots in Spain and all over Europe – Video

 

Vatic Note: I love the title of this, which should read the "anti-banker theft riots". I love how we do not speak real TRUTH, we call it something less incindiary and real to keep the masses under control. This should prove interesting and when you tie this into the 80,000 soldiers being activated here in the US against our Constitution and Posse Comitatus laws, it begins to look like this is what they have planned here for us as well. I guess each of us will have to decide how we wish to deal with this. It may also explain the arrests of leftist activists in various cities across the country this past weekend. Remember? We put the videos up on the blog, sunday or monday on that issue.
Anti-Austerity Riots in Spain and all over Europe – Video


 


Posted by admin on Pakalert on September 30, 2010
Airlines canceled flights, picketers blocked trucks from delivering produce and police clashed with protesters as Spanish workers staged a general strike on Wednesday to protest against austerity measures imposed by a government struggling to slash its budget deficit and overcome recession. People across Europe are protesting in anger at a string of cuts in pensions, wages and unemployment.
Thousands have just started marching in Brussels in opposition to the austerity measures that have gripped the EU.People in countries across Europe are protesting in anger at a swathe of cuts to jobs, wages and pensions. There’s a general strike in Spain while tens of thousands are gathered in Brussels to voice their opposition to the austerity measures that have gripped the EU. RT talks to David Campbell Bannerman, a member of the European Parliament from the UK Independence Party.



The article is reproduced in accordance with Section 107 of title 17 of the Copyright Law of the United States relating to fair-use and is for the purposes of criticism, comment, news reporting, teaching, scholarship, and research.

http://vaticproject.blogspot.com/2010/09/anti-austerity-riots-in-spain-and-all.html

Signs of the Last Days: World Markets Destabilize

 

World markets were mixed Thursday as investors booked profits at the end of a month of solid gains and amid upbeat signs about the U.S. economy. Ireland’s announcement that it would sink billions more into its failed banks was greeted with equanimity.

European stocks fluctuated all day, torn by worries of a flare-up in the debt crisis and hopes that governments were facing their debt problems head on.

U.S. jobs and growth figures later offered some support, but investors who have enjoyed the strongest gains for the month of September since 1939 seem to be taking their profits off the table.

Britain’s FTSE 100 closed down 0.4 percent at 5,548.62 while Germany’s DAX ended 0.3 percent lower at 6,229.02. France’s CAC-40 was down 0.6 percent at 3,715.18.

Asian markets closed lower and Wall Street slid after an initial rally. The Dow industrial average was down 0.6 percent at 10,773.22 while the Standard & Poor’s 500 fell 0.5 percent to 1,139.44.

U.S. government data showed that first-time claims for unemployment benefits fell more than economists had predicted last week. Furthermore, the official estimate for economic growth was raised to 1.7 percent for the second quarter, up from 1.6 percent estimated a month ago.

That helped allay fears that the U.S. economic recovery is running out of steam and led investors’ attention away from Europe, where governments are struggling with the costs of bailouts, austerity measures and poor growth prospects.

Moody’s Investor Services cut Spain’s public debt rating, a move many in the markets had expected but which confirmed the country still has a torturous path out of recession.

Ireland said it would put euro3 billion ($4.1 billion) more into Allied Irish and take majority control. Along with other bailouts, that would push Ireland’s public deficit above 30 percent of annual economic output, a postwar record in Europe.

But market reaction to Ireland’s announcement was mixed. After digesting the figures, markets were on the whole relieved and Ireland’s borrowing costs actually fell.

“Overall, today’s announcement might raise some hopes that Ireland is taking decisive and transparent steps to address the problems in its banking sector,” said Ben May, analyst at Capital Economics.

Still, the sheer scale of the bailout’s cost and the Irish government’s determination not to default on any of the debt mean the country will struggle with painful austerity cuts and weak growth for some time to come.

May noted that Irish debt is fully funded halfway through 2011, which is one reason markets have taken the announcement in stride.

“But with the continued weakness of the economy raising clear doubts over the government’s ability to meet its deficit reduction goals, worries that Ireland will ultimately be forced to restructure its debts are unlikely to subside in the foreseeable future,” he said.

Thursday’s announcements from Ireland came a day after labor unions held widespread demonstrations across Europe against governments’ austerity measures. The protests unnerved investors concerned that social unrest could derail the region’s determination to reduce deficits during tough economic times.

In Brussels, meanwhile, finance ministers gathered to debate new rules that would crack down on overspending governments — but disagreements over key elements lingered.

Tougher rules are considered necessary to convince markets that the region will be able to avoid a repeat of the debt crisis that is still plaguing it. The EU wants a structure that can overcome individual countries’ unwillingness to reprimand each other over excessive spending.

In Asia, Japan’s benchmark Nikkei 225 stock average lost 190.03 points, or 2 percent, to close at 9,369.35. Sentiment in Tokyo was also sluggish as Japan’s industrial production fell for the third straight month in August.

South Korea’s Kospi gained 0.3 percent to 1,872.81. Australia’s S&P/ASX 200 shed 1.3 percent and Hong Kong’s Hang Seng retreated 0.1 percent.

Benchmarks in Singapore, India and Taiwan were down while Thailand, Shanghai and Jakarta were up.

In currencies, the dollar fell to 83.53 yen from 83.78 yen. The euro eased to $1.3600 from $1.3622 after touching a new five-month high.

Benchmark crude for November delivery was up $1.34 at $79.20 a barrel in electronic trading on the New York Mercantile Exchange. The contract gained $1.20 to settle at $77.86 on Wednesday.

http://www.bibleprophecyupdate.com/?p=5902

Extreme Weather, Extreme Claims

 

Posted on September 30, 2010 by Anthony Watts

Via email press release:

A new paper at SPPI looks at the history of extreme weather events.

The on-going claims of catastrophic anthropogenic global warming have been ramped up again lately because of the opportunities presented by the heat wave in Russia and the floods in Pakistan, which are also being claimed as attributable to anthropogenic CO2. If the amount spent on global warming were to be diverted to mitigating and preventing the worst effects of natural disasters, then the desperate plight of the people of Pakistan would be relieved more quickly.

The paper can be downloaded here: http://scienceandpublicpolicy.org/originals/extreme_weather_extreme_claims.html

The Author, Dennis Ambler, concludes:

Extreme Weather – The Blame Game

The Aztecs had sophisticated irrigation systems and “astrolonomical” observatories, (apparently a mix of astrology and astronomy), to attempt to predict the weather and reservoirs. But the unseasonal frosts and cold, followed by severe, prolonged drought, may have taken them to the brink of collapse. Once the climate became more benign again, they praised their gods with human sacrifice.

“When rainfall and agriculture had resumed, the Aztecs responded by massively increasing the number of human sacrifices to their rain god Tlaloc. It is thought that hundreds of thousands of people were sacrificed.”

In the Little Ice Age, witchcraft was blamed for the devastating climate:

Fagan’s The Little Ice Age (Basic Books, 2000):

“Witchcraft accusations soared, as people accused their neighbors of fabricating bad weather….  Sixty-three women were burned to death as witches in the small town of Wisensteig in Germany in 1563 at a time of intense debate over the authority of God over the weather.”

“Almost invariably, a frenzy of prosecutions coincided with the coldest and most difficult years of the Little Ice Age, when people demanded the eradication of the witches they held responsible for their misfortunes.”

These days we don’t blame witchcraft for the weather, instead we blame it on our emissions of carbon dioxide, describing it as a pollutant that must be controlled by Government taxes and vilifying anyone who dares to challenge the orthodoxy.

We ignore thousands of years of climate evidence, in favour of an agenda based upon a century and a half of sometimes distorted and often-disputed temperature records, coming out of a known Little Ice Age and we call it “Science”.

Have we really left the Dark Ages behind?

Continue reading →

Ex-Illuminati Mind Programmer Svali

 

Vatic Note: multilevel agendas and players moving toward the same goal working in concert.
Ex-Illuminati Mind Programmer Svali
http://www.youtube.com/watch?v=PBUnuW8fSrU&feature=related
Greg Symanski interview with Svali
provided by sebati , November 07, 2007
Svali was once a programmer for the Illuminati, where she lived a double-life. She herself has gone through trauma-based mind control since she was a newborn, which split her personality in thousands of fractions as a result. From these fractions, her programmers then built a whole new brain structure; implanting commands, false memories, amnesia and a lot of other things to create a total Illuminati mind controlled slave.
Her task was then to program others in similar ways, so each and every person within the group could be assigned different tasks and accomplish them without hesitation or protest. These tasks could be anything from prostitution to brutal murder.
Like many others born into the Illuminati, from her birth in Germany Svali had no choice in her future, as her wealthy, rich and powerful parents charted her course as a "Chosen Child" from an early age.
Told she was "special and born to rule over the masses" to make a better world, Svali recalls going to regular Illuminati meetings with other "chosen children" at least three times a week after moving from Germany to Virginia and then finally to San Diego.
Svali later managed to escape from the Illuminati, after she started "waking up", realizing how destructive it was what she was doing. She kept herself in hiding for years and was very reluctant to giving interviews, afraid of being caught.
However, in January of 2006 she decided to do an interview with the anti New World Order radio host Greg Szymanski. In this first interview with Szymanski, Svali explains how the Illuminati organization is structured, in general. It is of course much, much more complex than this, but she lined out the backbone of it.
www.mindcontrolforums.com/svali_speaks.h tm
Svali is alive
svalispeaks.wordpress.com


The article is reproduced in accordance with Section 107 of title 17 of the Copyright Law of the United States relating to fair-use and is for the purposes of criticism, comment, news reporting, teaching, scholarship, and research.

http://vaticproject.blogspot.com/2010/09/ex-illuminati-mind-programmer-svali.html

Anti-Austerity Riots in Spain and all over Europe

 

Europe Fury: People rise up against EU cash machine with anti-austerity marches Airlines canceled flights, picketers blocked trucks from...


[[ This is a content summary only. Visit my website for the full story www.Trends2012.co.cc ]]

Wednesday, 29 September 2010

The Seventies: The decade when men stopped being men________-‘Domestic Standby’

 

The Seventies: The decade when men stopped being men

September 29, 2010 by Infowars Ireland

Doctor Who: Jon Pertwee and sidekick Elizabeth Sladen whose role Sarah Jane Smith contributed to the change of women

By Dominic Sandbrook
dailymail.co.uk
25th September 2010

Just before Christmas 1973 – with the papers full of stories of industrial unrest, economic meltdown and international terrorism – viewers of Doctor Who were introduced to his new female companion.

For ten years he had been accompanied by pretty young things who screamed, fell over and asked the Time Lord to explain the plot.

His new companion Sarah Jane Smith (played by Elisabeth Sladen) put an end to such nonsense.

She was a distinctly modern woman. When the Doctor (Jon Pertwee) suggested she make him a cup of coffee, she refused.

When transported in the Tardis to a troubled planet, where the helpless queen bewailed ‘it would be different if I was a man, but I’m only a girl’, Sarah Jane snapped: ‘Now just a minute. There’s nothing “only” about being a girl!’

It was a sentiment shared by many in the Seventies, as the role of women changed.

This was an era epitomised by Germaine Greer’s seminal feminist work The Female Eunuch (1970) and by counter-cultural women’s magazine Spare Rib (1973).

But when we look back at the flood of women into the workplace and the rise of feminism in this period, what we often forget is that this social upheaval had enormous implications for men, too.

The days when a husband could confidently expect automatic deference and respect from his wife were over. Men were suddenly being challenged – everywhere.

The glossy magazine Cosmopolitan was launched in 1972 and aimed not at housewives (the usual target readership for women’s publications) but at the new breed of ambitious, young professional women.

It dismissed men as ‘vulnerable, dependent and emotional human beings’, terrified of being judged on their sexual performance.

The nature of masculinity was up for grabs and it was in the home that challenges to the traditional male role were most apparent.

For decades, the adult population had led virtually segregated lives. Working-class men tended to spend their days with workmates and their evenings at the pub or watching sport.

Women stayed at home and built up entirely separate circles of friends, based around ‘ feminine’ activities.

But affluence was eroding the old bastions of segregation and the young couples of a new generation expected to spend far more time together.

Research in 1970 found men now devoting their weekends to their immediate families- – gardening, doing DIY around the house and going on outings and shopping trips.

More men, too, were taking on a share of domestic tasks. In football magazines, you could see stars of the day lending a hand with the housework – Tottenham Hotspur’s Steve Perryman armed with a carpet-sweeper or the rugged Scottish fullback Tommy Gemmell stirring a pot and mustering a smile while wearing an apron patterned with baby elephants.

Others remained prehistoric in their attitudes. Goalkeeper Pat Jennings boasted that he had ‘never washed a dish’ because ‘in Ireland, men don’t do any housework’.

But it was becoming unfashionable for men to do nothing around the home. Even the kitchen was no longer a mystery, thanks to Len Deighton’s pioneering graphic cookbooks, in which real men mastered the culinary arts to produce continental casseroles.

There were massive changes in men’s fashion, with enormous collars, garish shirts, patterned ties and painstakingly curled hairstyles now the order of the day – all of which had, until very recently, been signs of decadence and degeneracy.

Television and film heroes of the early Seventies often dressed in powder-blue suits, gigantic flares and lurid cravats that old fashioned heroes such as Richard Hannay, of John Buchan’s Thirty Nine Steps , or Bulldog Drummond would have found very disturbing indeed. Read more…

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Filed Under: Featured

http://info-wars.org/2010/09/29/the-seventies-the-decade-when-men-stopped-being-men/

U.S. Military On 18 Hour Alert For Domestic Deployment?

September 26, 2010 by Infowars Ireland

82nd Airborne

Update: This is debunked.

U.S. Military Not On 18 Hour Alert

By Shepard Ambellas
The Intel Hub
September 25, 2010

I want to start out by making it very clear that the following article is based on pure speculation, however the information could serve as a heads up early warning system if an event was to happen. Also note that this is not me personally saying this, I am simply reporting on what others are speculating on.

Due to the fact that the maker of this video is military, has extensive contacts and is a trusted source of information, this deserves a write up. This also might turn out to be nothing. The purpose of this report is to flush out the facts pertaining to these claims.

As of Thursday, the U.S. military has been put on alert status ‘Domestic Standby’ according to sources of Andrew’s (YouTube’s – SmokinJoeTrainer), who released a video Saturday September 25, 2010 stating that the 82nd Airborne Division has been mobilized for the Dept. of Homeland Security. Read more…

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Filed Under: State Terror

http://info-wars.org/2010/09/26/u-s-military-on-18-hour-alert-for-domestic-deployment/

Prepare for Cyber-Apocalypse

 

Last year the ancient scourge of man presented a huge threat to the planet -- I am speaking of the H1N1 flu virus, which as it turned out was not all that threatening, despite many fears that it could be 1918 all over again. Another virus is now stalking the modern world, and this is was crafted to attack the system we have yet to see successfully and catastrophically attacked, though the Y2K fears were nor entirely unfounded. The new virus and its progeny may prove a fatal infection. I am speaking of stuxnet. Stuxnet is a very interesting and new kind of computer virus.

Stuxnet infects Windows systems in its search for industrial control systems, often generically (but incorrectly) known as SCADA systems. Industrial control systems consist of Programmable Logic Controllers (PLCs), which can be thought of as mini-computers that can be programmed from a Windows system. These PLCs contain special code that controls the automation of industrial processes—for instance, to control machinery in a plant or a factory.

Think about that for a second. A small computer code is capable of taking down entire factories, causing infrastructure damage by creating accidents, ramping up pipe pressures, opening valves, mixing chemicals, overloading circuits, opening flood gates that should be closed, closing gates that should be opened, shutting off safety systems, etc.

Previously, we reported that Stuxnet can steal code and design projects and also hide itself using a classic Windows rootkit, but unfortunately it can also do much more. Stuxnet has the ability to take advantage of the programming software to also upload its own code to the PLC in an industrial control system that is typically monitored by SCADA systems. In addition, Stuxnet then hides these code blocks, so when a programmer using an infected machine tries to view all of the code blocks on a PLC, they will not see the code injected by Stuxnet. Thus, Stuxnet isn’t just a rootkit that hides itself on Windows, but is the first publicly known rootkit that is able to hide injected code located on a PLC.

The concept of making our entire infrastructure automated and manageable remotely by only a few operators has saved countless dollars and streamlined the use and optimization of most every element of our industrialized society. Now it appears, just like the way airline travel rapidly globalizes human viruses, making them tougher and allowing them to spread with ease, the internet and the data connections between infrastructure systems may be its own undoing. Read more here and here. What does this mean for you? Plan for infrastructure attacks, make sure your critical information is in hard copy form, keep cash on hand in case you need to purchase essentials when the system goes down, and prepare for mischief in your neighborhood caused by those inclined to make trouble when the lights go out.

http://www.modernstronghold.com/2010/09/survival-planning-cyber-apocalypse.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+ModernStronghold+%28Modern+Stronghold%29&utm_content=Bloglines

Bode Technology Expands Its Cutting Edge RFID Technology To Law Enforcement Units For First Time

 

NEW YORK, Sep 29, 2010 (BUSINESS WIRE) -- GlobalOptions Group, Inc. /quotes/comstock/15*!gloi/quotes/nls/gloi (GLOI 2.04, +0.03, +1.49%) , a leading provider of domestic and international risk management services, today announced that Bode Technology, one of the world's largest forensic DNA analysis firms, has begun offering its new state-of-the-art Bode-RFID(TM) tracking system to law enforcement agencies and crime laboratories nationwide in an effort to streamline work flows and help control costs in the ever-growing field of evidence tracking and analysis. The new system will enable field investigators and laboratory analysts to cut costs and effectively automate and manage a process which has been traditionally slow.

The Bode-RFID(TM) System was initially developed in 2009 and has since been implemented to track numerous cases at the company's Virginia headquarters. The Bode-RFID(TM) System has proven to be a time and cost saver while streamlining the management and tracking of evidence. The completion of the internal test showed that the technology is now ready and can show substantial results quickly after implementation. The system will revolutionize the time and cost of tracking case folders and forensic evidence as well as providing a better, more accurate record of where each item is currently located, where it has been, and who has been handling it throughout the forensics process.

"The ability to quickly and efficiently track evidence and electronically manage the chain-of-custody process by the use of Bode-RFID(TM) will be invaluable to law enforcement officials at every level, and will change the way evidence is managed in the field," said Barry Watson, Bode CEO and President. "Whether it is a case file or physical evidence such as a weapon, the Bode-RFID(TM) system will create and maintain an electronic record of a sample's movement from a crime scene through testing and storage, with data that could be used in venues ranging from the crime scene to the a courtroom." The system is flexible and can act as a module to a Laboratory Information Management System (LIMS) which stores and manages data regarding evidence for municipal, state and federal agencies. It will save time and money and most importantly, aid in providing accurate information on the location of evidence and managing the chain-of-custody process to ensure evidence collected at crime scenes can be used efficiently for cases to reach an effective and conclusive end much faster than ever before.

Radio Frequency Identification (RFID) has been in place in a wide variety of industries since the 1960s, and makes it possible to automate manual tasks such as creating an evidence manifest and accessioning items into evidence storage. Creating an electronic manifest at the crime scene that can be used during the accessioning process when receiving RFID tagged evidence at the property room can saves hours of time and provide more accurate information that does not need to be transcribed when starting a new process.

Bode Technology Group, Inc.

Bode Technology Group serves the U.S. and international law enforcement and identification markets and is unique in providing both state-of-the-art human DNA analysis and innovative DNA collection products. The range of Bode's services include diverse offerings such as high-throughput DNA testing services, case work analysis, missing person identification, CODIS databanking of convicted offenders or arrestees, private databanking, as well as paternity and non-forensic identification. Our patented DNA collection systems are in use worldwide for collections of DNA from convicted offenders and arrestees, from crime scenes, as well as from parents and children for genealogy and identification services. Our analysts and our research and development teams are constantly looking for better ways to bring previously unused approaches and technologies into the labs for routine use for analysis of challenging samples - be it bones or aged, decayed tissue. On the strength and experience of our research and development teams and casework analysts, Bode is able to offer worldwide DNA analysis services, consulting, training, and validation services on a customized basis. All other information can be found at www.bodetech.com.

GlobalOptions Group, Inc.

GlobalOptions Group /quotes/comstock/15*!gloi/quotes/nls/gloi (GLOI 2.04, +0.03, +1.49%) and its subsidiaries provide risk mitigation and management services, including forensic DNA analysis, proprietary DNA collection products, and related research services to law enforcement agencies, federal and state governments, crime laboratories and disaster management organizations. Additional information regarding GlobalOptions Group is available at our website at www.globaloptionsgroup.com.

Statements in this press release regarding the company's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. The company wishes to caution readers not to place undue reliance on such forward-looking statements, which statements are made pursuant to the Private Securities Litigation Reform Act of 1994, and as such, speak only as of the date made. To the extent the content of this press release includes forward-looking statements, they involve various risks and uncertainties including the successful integration of the acquired businesses, projected financial information, and the continued successful implementation of the company's business strategy.

Certain of these risks and uncertainties will be described in greater detail in GlobalOptions Group's filings with the Securities and Exchange Commission. GlobalOptions Group is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a as a result of new information, future events or otherwise.

SOURCE: GlobalOptions Group, Inc.

IR Contact: 
Lippert/Heilshorn & Assoc.
Jody Burfening, (212) 838-3777
jburfening@lhai.com

Economic Collapse Update: Acceleration In Autumn

 

By Giordano Bruno

Neithercorp Press – 09/29/2010

Our current economy is a shell game. A grand fraud designed to siphon more and more tangible wealth (not fiat wealth) from the average person and transport it post-haste into the silk lined pockets of a corporate banking minority. The goal? To reduce the self sufficiency of American citizens to the point of total fiscal and social dependence on the top 1% richest men in the world. Conspiracy theory? Not in the slightest. Just a cold hard fact of history. “Feudalism” is, sadly, rampant in the annals of human culture. Anyone who believes that our modern era is somehow different is simply fooling themselves. Elitists seek power over others, they always have and they always will, and, the most efficient way to gain control over the lives of the masses is through engineered imbalances in economy.

Every time you hear the term “bailout”, or “quantitative easing”, just think “wealth transference”. Every dollar that is printed from thin air by the private Federal Reserve and handed to a globalist entity like Goldman Sachs or AIG through our Treasury represents yet another dollar of debt (and another percentage of interest) that you, the U.S. taxpayer, and your children, are expected to eventually pay for without ever seeing any benefits. Right now, at this very moment, you and your descendents for generations to come are being enslaved by forcefully imposed usury. Our country has been “volunteered” for a financial debasement on a scale that dwarfs the Great Depression or even the Weimar catastrophe. We ignore this reality at our peril.

Since the initial meltdown began in 2008, we have seen two and a half years of stall tactics and skewed statistics designed to prolong total collapse while central banks position themselves for optimal gain. Simultaneously, the concrete underlying factors of our economy, including employment and purchasing power, have gone down the tubes. True, the system was an illusion long before its many flaws were openly revealed, and it needs to be dissolved, but should it be dissolved to the advantage of the elites who designed its flaws in the first place, and to the detriment of the rest of us? I think not…

Today, as Autumn 2010 begins to settle upon us, many notable and even dire trends are beginning to break the surface of the water and circle the sinking wreckage of our financial system. I believe these factors signal an extreme acceleration in the possibility of “trigger events”, which we have discussed in previous articles, and herald a new dynamic, a process that will directly contribute to a final breakdown of the present system. Let’s examine these trends now…

Dow Bubble Until November Elections?

If you look back at the history of economic collapses across the world, you’ll find a strange and ironic constant preceding most breakdowns; the disproportionate values of stocks and securities when compared to actual profits and consumer activity. The Great Depression saw record breaking rallies in the Dow and relentless financial propaganda claiming recovery was imminent just before total derailment. In many cases, investor confidence seems to be most heightened just before a brutal plunge. Perhaps it’s the power of reactionary denial, or maybe it’s the increase in false data supplied by establishment economic goon squads.

September has seen a very uncharacteristic stock rally, especially considering the fact that U.S. poverty levels are now at a 15 year high:

http://www.nytimes.com/2010/09/17/us/17poverty.html?_r=1

Food Stamp usage has hit a record high every month for the past 18 months:

http://www.zerohedge.com/article/food-stamp-usage-hits-18-sequential-record-high-408-million

The income gap between the very rich and the very poor has hit a record high:

http://www.huffingtonpost.com/2010/09/28/income-gap-widens-census-_n_741386.html

Consumers have cut back on their credit use for 23 consecutive months:

http://www.usatoday.com/money/economy/2010-09-08-consumer-credit_N.htm

Median household incomes fell in 34 states last year, the worst income depletion since the Great Depression, according to Census data released this month:

http://www.bloomberg.com/news/2010-09-28/michigan-florida-lead-34-states-with-drop-in-median-income-census-says.html

Stock Market volume has been dismal, down in some cases by 50% (which would explain how the Dow has been so easily pumped up):

http://www.businessinsider.com/today-on-wall-street-horrible-volume-layoff-news-and-another-crash-2010-9

The Federal Government has now had to bailout three large credit unions, making the American taxpayer responsible for the backing over $30 billion in bonds while at the same time managing $50 billion worth of troubled assets inherited from the same institutions:

http://online.wsj.com/article/SB10001424052748703499604575512254063682236.html?mod=WSJ_hpp_LEFTWhatsNewsCollection

Moody’s has (finally) lowered the Illinois debt rating from stable to negative, and California is now asking Wall Street banks like Goldman Sachs and JP Morgan for $5 billion dollars in cash just so their state government can continue to operate for the rest of the year:

http://chicagobreakingbusiness.com/2010/09/moodys-lowers-outlook-on-illinois-to-negative.html

http://www.bloomberg.com/news/2010-09-27/california-may-seek-5-billion-from-wall-street-lockyer-says.html

Most disturbing is new Federal Reserve data revealing that foreign central banks are dumping record levels of U.S. Agency debt. Agency Bonds support government funded organizations like Fannie Mae, Freddie Mac, Sallie Mae, etc. This means that this autumn there will be an even more pronounced destabilization of the mortgage giants, and we will have to foot an even greater bill as the Treasury continues their endless bailout with increasing amounts of fiat capital. Foreign banks recently dumped $57 billion worth of Agency debt all at once! Some analysts, like Jim Sinclair, believe this heralds a major proliferation in quantitative easing by the Fed (more than they have openly forecast), and a severe debasement of the dollar in the near term. I tend to agree…

http://jsmineset.com/2010/09/23/foreign-central-banks-net-sellers-of-us-agency-debt/

With all of these factors and hundreds more widely visible to anyone who wants to see them, how is it possible for the Dow to sustain its current upward trend? Witchcraft? The point is, when there is such an incomprehensible discrepancy between real market data and illogical market behavior, it is often a sign of a bubble; one that is dangerously close to failure.

Some believe that the market is being propped up by elements of the Treasury and the Fed until the end of November elections. The Dow is definitely being manipulated this month, but I’m not so sure it will last until November. An economic panic could serve several purposes so close to voting time, including easier promotion of scapegoats in order to rush otherwise ill conceived legislation. The move towards trade conflict with China is a good example…

Trade War With China?

Well, we’ve been warning about this since 2008, and now its here. Open economic animosity between the U.S. and China to the point of trade decoupling. Six months ago this still seemed for many like a remote if not impossible scenario. This month, it is now a stark reality. The speed at which elements of our government are implementing trade and currency legislation against China, and the rate at which China has begun to meld into ASEAN to counter U.S. import duties, is astonishing, even to me:

http://www.reuters.com/article/idUSTRE68L5K120100924

The House Ways and Means Committee has already approved a bill which could lead to trade penalties on Chinese goods if it meets equal success in the Senate, which is quite possible in the looming shadow of November elections:

http://www.cnbc.com/id/39342833

The bill, however, appears mainly for show, especially in light of the fact that the U.S. is already slapping duties on an increasing number of Chinese goods, like copper tubing and steel pipe, without “committee approval”:

http://www.reuters.com/article/idUSTRE68Q4IK20100927

Chinese credit rating agency, Dagong Global, has also been denied status as a Nationally Recognized Statistical Rating Organization (NRSRO) by the SEC on thin grounds:

http://english.peopledaily.com.cn/90001/90778/90859/7150960.html

The Chinese have accused the SEC of bias, which is understandable. Apparently, the SEC is content to have agencies like Moody’s continue to give the AAA stamp to every security in the U.S. no matter how toxic and worthless, and would rather not have a third party around to gum up the works.

The trade war has already commenced while mainstream economists are still hoping out loud that America will be saved by increasing its exports to China! The disconnection between what the media reports and what is obviously happening is absolutely incredible!

A trade war with China, though, is in fact far preferable to the next likely step in this volatile process; a currency war.

The justification presented by the Obama Administration for the sudden increase in hairy chest beating on the trade deficit with China has been the now widely debated Yuan appreciation issue. China has recently de-pegged its currency from the dollar and appreciation has occurred, however, a substantial trade imbalance persists. Some analysts and government officials claim that a minimum 20% valuation of the Yuan is necessary in order to bring greater import/export equilibrium with the West. The Chinese have been accused of deliberately undervaluing their currency to the detriment of the rest of the world in order to prop up their own economy during the height of the global credit crisis. They have even been accused of direct responsibility for the financial meltdown itself. At least, that’s the official story. Here’s the REAL story…

The Yuan has been undervalued on the world market for a long time, this is no secret. The Chinese have indeed enjoyed an incredible export advantage over the U.S.; also no secret. However, who was it that initiated this trade advantage in the first place? It was not the Chinese, but corporate globalist interests in the U.S. and Europe that encouraged the freezing of the Yuan and outsourcing of American industry into cheap labor markets in order to increase profit margins while at the same time weakening U.S. infrastructure. Wage slaves making cheap Nikes and Levis sold for incredible markups across the Pacific to label obsessed Americans; does no one remember the 80’s and 90’s?

Our trade deficit has surged non-stop from 1990 to the present day, and all of a sudden our government is concerned? Why did they not slap China with broader trade duties ten years ago? Or even three years ago? Why is it so urgent that the Yuan appreciate over 20% now? Is it just a coincidence that we are bringing the anvil down on China only after they have positioned themselves to effectively flush our currency without looking back?

Interestingly, the exponential spike in our export imbalance starting around 1991-1992 coincided almost exactly with the Federal Reserve interest rate cut from 1990 to 1994.

This bar was lowered even further in 2001-2003 when the Fed cut rates to an insane 1%, which led to the infamous mortgage and derivatives bubble. While trade deficits and a 70% consumer based system rotted the American economy from the outside-in, the housing market collapse and resulting credit crisis rotted it from the inside-out. What this means is, either the U.S. has somehow been subject to a “perfect storm” of fiscal debacles that have positioned us for an amazingly thorough collapse, or, corporate interests and the Federal Reserve (same difference) deliberately took actions which gutted our country. As we have shown in many previous articles, the evidence dictates that the latter cause is most viable.

Where does a currency war with China play into all this? Yuan appreciation is the end game. In 2007, China publicly suggested that U.S. trade pressure will result in retaliation, up to and including a devastating dump of their Treasury Reserves that would result in the collapse of the Greenback:

http://www.telegraph.co.uk/finance/markets/2813630/China-threatens-nuclear-option-of-dollar-sales.html

That was back before the recession/depression had even hit full steam, and rhetoric against the Yuan was minimal. Today, the downturn is rolling ahead full bore and the rhetoric against the Yuan is nearing fever pitch! Chinese Premier Wen Jiabao stated this past week that a 20% Yuan devaluation would trigger severe job losses and social instability, putting his country at risk. That is to say, the Chinese are presenting this (falsely) as a matter of life and death for them, a situation that requires an extreme response if escalation occurs:

http://www.bloomberg.com/news/2010-09-22/wen-says-investment-structure-is-main-cause-of-trade-imbalance-with-u-s-.html

Some U.S. business leaders have spoken out against pressure on the Yuan, pointing out that China holds all the cards if a currency war is initiated:

http://www.bloomberg.com/news/2010-09-27/yuan-legislation-in-u-s-congress-may-prompt-retaliation-businesses-say.html

This is absolutely true. The problem is that the elites in our government fueling this conflict are well aware that China can and likely will begin a T-bond dump that will implode our currency. They know that China has absolutely no incentive to increase imports from the United States while it holds all the industrial capability necessary to supply itself with needed goods and a solidified ASEAN trading bloc to support its expansion. They also know full well that tariffs and trade embargos in the midst of economic meltdown tend to inflame retaliation and lead to even greater collapse, just as the Smoot – Hawley Tariff Act did in 1930, right before the Great Depression spiraled out of control.

A trade/currency war is EXACTLY what global banks want, in order to remove the dollar as the world reserve currency, create panic and desperation in the American populace, and to introduce the SDR (along with a stronger Yuan as a component) as the only workable security capable of holding together international commerce.

America: The Villain?

Are the Chinese aware of this plan? I believe that elements of the Chinese government and its central bank have been clued in all along. Why else would China, an export based economy for decades, abruptly decide to drastically reposition itself as a consumer hub at the center of an Asian trading bloc, all in the span of three years? I don’t think many mainstream analysts realize how radical this Chinese metamorphosis has been, and how significant it really is. The move seems unprecedented and almost irrational, unless you are a Chinese financial official cognizant of a plan to unseat American primacy. Then, a rush to detach from the U.S. makes perfect sense.

Remember, China began cross-border Yuan exchange programs as well as “Yuan Bond” programs in 2007/2008, meaning they intended to revalue their currency before the severity of the crisis was fully known to most of the world. The Chinese have been preparing for a move away from the dollar all along. Why else would they do this unless they knew the U.S. consumer would not recover, that their exports would continue to suffer far into the future, and that the Federal Reserve would continue to create Everest sized mountains of fiat money from thin air?

If banking elements of China are working in concert with other central banks to force the U.S. into “global harmonization” under the IMF, it means this entire trade war state of affairs, all the accusations and cross-accusations, all the talking points and debates, every facet of the issue that has burgeoned so far this season, is one fantastic charade!

What’s the point? While China is being built up as the villain of our American economic collapse fairy tail instead of the global banks, America is being built up as the villain for the rest of the world. Already, China is feeding talking points into the mainstream that paint the U.S. as a kind of stampeding single minded monster trying to dominate at the expense of logic (take special note that ASEAN is being overtly used as a collective moniker in this article, similar to the EU):

http://english.peopledaily.com.cn/90001/90780/91343/7150375.html

The problem is, there is some root truth to the indictment. What this new political fulcrum leaves out though is that America is not the culprit, at least not in the traditional sense. It is the big stick used by the culprit (central bankers) to beat the rest of the planet into submission. The lies of tomorrow’s history books are being written today, as American “excess”, capitalism, hegemony, selfishness, and sovereignty are quietly being introduced as the cause of all sorrows overseas.

Most of Europe under the G20 has opted out of any involvement in the U.S./China currency dispute, and with good reason. The EU will not associate itself with the trigger event that will lead to the end of the dollar and the chaos that will follow in global markets:

http://www.reuters.com/article/idUSTRE68P1F220100926?pageNumber=2

That is an honor reserved for America alone. What better way to destroy the concept of sovereignty than to tarnish and villainize forever the image of the one country in the world universally symbolic as the “land of the free”?

Gold Is Money Again…Must Be Time For A Collapse…

Finally, we get to the biggest development this fall; the so far unstoppable juggernaut of gold and silver.

Gold is breaking records weekly, sometimes daily, now rushing past the $1300 an ounce mark without batting an eye. Not long ago I predicted gold would hit the $1350 to $1400 mark by this winter, but it seems I may have underestimated the precious metal. $1500 is not out of the question in the next three months, especially if trade laws are passed against China before elections.

Silver has passed the $21 an ounce mark but is still highly undervalued in my opinion. I suspect that we could see a rapid increase in physical silver, akin to a “short squeeze”, before the year is out.

What is driving the new gold rush? MSM economists are apparently at a loss for words (which is rare). Gold criticism and uneducated skepticism has fallen silent lately. It’s hard to argue with the $1300 an ounce gold. Pundits are still bewildered at gold’s success, especially since they rely on disingenuous CPI and inflation data from the Federal Reserve and the government to make their deductions. This has led them to assume that an excessive sense of “fear” has pervaded markets and created a bubble in gold. They can’t seem to grasp that the bubble is not in gold, but in fiat currencies and the stock market, and this is why gold is on the rise.

Central Banks, primarily in Asia, are snatching up gold weekly. We all know about China’s unparalleled gold buying, but there are many other countries turning to PM’s as well. Thailand has apparently been buying gold in large quantities under the radar, improving their reserves by as much as 20%:

http://gata.org/node/9002

South Korea has been “under pressure” to diversify into gold because of their lack of defense against global devaluation in top currencies:

http://www.businessweek.com/news/2010-08-25/bank-of-korea-under-pressure-to-buy-gold-oh-says.html

Bangladesh recently bought 10 tons of the hedge metal. Nepal has announced a revamping of gold reserves, and, most importantly, they have publicized a desire to use their new gold reserves to back their currency!

http://www.commodityonline.com/news/Nepal-move-to-boost-gold-market-32052-3-1.html?utm_source=twitterfeed&utm_medium=twitter

So gold is money again? I would be ecstatic about this, if it weren’t for the proposition that a Treasury dump is in the wings. The dollar index has plummeted over the past week, and the Yen and Euro have gained considerably in opposition. I doubt that we will ever see another upward correction in the dollar like the one we saw this summer. Temporary increases in the Greenback’s value seem to have little effect on gold’s rise, however, and a full decoupling appears close at hand. Even the wild gyrations of the Dow lately have had little consequence on PM’s, yet another sign that the world is turning towards commodities as the only solid protection for savings.

Reports are coming in from the EU that banks are halting gold sales that have been operating for over a decade:

http://edition.cnn.com/2010/BUSINESS/09/27/eu.central.banks.gold.ft/index.html

That means sources of physical gold are beginning to dry up. This is becoming evident in the disconnection between physical gold values, and gold stocks. Physical values have far surpassed those of their paper counterparts. As demand grows and supply wanes, we could even see a complete decoupling of ETF values versus physical. This is already happening in some countries, like Vietnam, where the national currency and even the dollar are no longer trusted, and physical is trading at prices hundreds of dollars above set market value, something that could just as easily happen in the U.S.

One ember of stability in all this disaster is the strength of gold and silver as alternative currencies. In my recent article ‘Real World Solutions To Economic Tyranny’, I talked about the possibility of an “alternative economy” based on PM’s and created one community at a time, independent from our current fraudulent system, which could protect the Liberty Movement from collapse. Luckily, it seems others have had the same idea! Here is an article and video featuring G. Edward Griffin discussing the Idaho State Silver Gem Act, introduced by Representative Phil Hart, which would promote the use of silver as a designated alternative currency in the state (special thanks to Cassandra Anderson for sending me this link):

http://www.morphcity.com/home/84-silver-shines-as-an-economic-solution

The Fall Setup

If I was to compare the movements of the economic collapse to a chess game, I would say that the pieces are now in place this fall for a checkmate maneuver. Watch for increased tensions with China in October and November, followed by actual legislation sparking detrimental retaliatory actions. Also keep an eye on the dollar as it continues what looks to be its final decline.

Will we see a trigger event before the end of 2010? I predicted this much last year. My hope is that I was mistaken and that 2010 only represents a staging period for the inevitable deterioration further down the road, giving as many people as possible the extra time to prepare. As you can see though from the available information, this winter could be very unsettling. Hold fast, keep educating family and friends, continue preparations, and try to become as independent from this diseased economy as possible. Build meaningful community around you. Provide for yourself and others what the corrupt system will not, and remain free. It doesn’t sound like much, but it is truly one of the greatest contributions you can make towards a better tomorrow.

You can contact Giordano Bruno at: giordano@neithercorp.us

 

http://neithercorp.us/npress/?p=812