Filed under: 1984, 1st amendment, Al Gore, APEC, Barack Obama, cap-and-trade, carbon dioxide, Carbon Tax, China, climate change, Co2, Communism, copenhagen, Copenhagen treaty, Dictatorship, Dissent, Empire, energy, energy tax, environmental taxation, Fascism, florida, free speech, global climate treaty, global elite, global government, global tax, Global Warming, global warming hoax, global warming treaty, Globalism, globalists, Hoax, international treaty, internationalism, internationalist, internationalists, Japan, New World Order, NWO, obama, obama deception, One World Government, orwell, Protest, socialism, sovereignty, tea party, truth movement, UN, united nations, us sovereignty, world government, world tax | Tags: boca raton, inconvenient truth
Gore heckled at climate speech
Sun Sentinel
November 14, 2009
Former Vice President Al Gore’s global-warming speech Saturday night at Mizner Park drew about a thousand attendees, as well as more than 200 loud protesters.
Stationed outside the Mizner Park Amphitheater, the protesters jeered at Gore as he took the podium and at those walking into the open-air venue to listen to the speech.
“This is the most dangerous crisis we’ve ever faced,” Gore said of climate change. He spoke over a chorus of boos from protesters, who were monitored by at least a dozen uniformed city police officers.
Many of the protesters were with the groups Collegians for a Constructive Tomorrow and South Florida Tea Party, the latter of which feels that Gore’s views will eventually lead to increased taxes and flawed business legislation.
The protesters carried drums, bullhorns and posters. One read “Practice what you preach,” accusing Gore of not living a green lifestyle. Another poster read “The masses follow the asses,” depicting the protesters’ opinion that Gore’s message is not backed by scientific evidence.
Gore, meanwhile, in his presentation laid out data that he said was compiled by the world’s leading scientists and supports the theory of global warming. The speech carried much of the same content and rhythm as Gore’s Oscar-winning 2006 documentary, An Inconvenient Truth, which turned him into a leading international voice on the issue of climate change.
Gore’s latest book on the subject, titled Our Choice, was published earlier this month.
Filed under: bailout, bank bailout, Big Banks, China, Credit Crisis, DEBT, deflation, devaluation, Dollar, dollar collapse, Economic Collapse, economic depression, Economy, Federal Reserve, global currency, global economy, Great Depression, Greenback, hyperinflation, imf, Inflation, interest rate cuts, Japan, liquidity, market manipulation, private bank, rate cut, SDR, SDRs, Stock Market, US Economy, Wall Street, world currency, Yen
Even the Fed Doesn’t Want to Hold U.S. Dollars
Seeking Alpha
Friday, October 23, 2009
This is the scariest image in finance:
The above chart shows the dollar’s performance since the Fed announced its Quantitative Easing program in March. This chart tells us two things:
1. Americans just got 15% poorer on the world stage thanks to Ben Bernanke
2. A currency crisis is in the works (and perhaps already starting)
Regarding #1: When the financial crisis hit, the Fed realized it would need to keep interest rates low while it attempted to bail out the banks (80% of the $200+ trillion in derivatives sitting on commercial banks’ balance sheets are related to interest rates).
The problem with this is that it makes Treasuries very unattractive to foreign investors (China & Japan) who want a higher yield. Consequently, the Fed decided to pick up the slack by buying $300 billion worth of Treasuries through the now famous Quantitative Easing program.
As I noted last week, the Fed is now the largest buyer of US debt (it bought more debt than the next three largest buyers combined in 2Q09). China and Japan are no one’s fools. And they’re not going to fund a monetary policy that is both profligate and likely to erode the value of their dollar holdings.
Which brings us to item #2: the coming dollar crisis.
I am not a huge fan of technical analysis, but it is a useful tool for navigating a trader-heavy, liquidity driven, manipulated market such as today’s. On that note, I want to point out that the dollar began forming a falling bullish wedge pattern starting in June (see above chart). This pattern entails an ever-tightening range of lower highs and lower lows and typically precedes major breakouts to the upside.
Except it didn’t.
As you can see, the dollar broke down out of this pattern in late September. It then rallied back up into the trading range before breaking down again. This is bad news. The next line of support (place where the dollar could bounce) is 76. We’ve already broken that one too.
Now the next line of support is 72. Now, the dollar has only fallen to this level once in the last 30 years (Summer 2008, see the chart below). If we fall below that, then we’re in uncharted territory and a major dollar devaluation is in the works.
Perhaps it’s already happening.
To review a point made earlier, the dollar has lost 15% of its value since March 2009. On an annualized basis, we’re talking about the dollar losing almost a third of its value in one year (30%). That is an absurd level of devaluation. And China, Japan, etc. have had enough. It is now clear that a flight from the dollar has begun; the Fed buys more US debt than the next three biggest buyers combined.
However, what most people don’t realize is that even the Fed itself is shifting away from the dollar. Everyone knows that China and Japan hold massive foreign reserves (the dollar). But the US Federal Reserve does this too (we own euros, yen, etc.). And for some reason the amount of foreign reserve assets (non-dollar assets) on the Fed’s balance sheet skyrocketed by 50% to $133 billion at the end of August.
Now, $133 billion in foreign reserves is nothing compared to China and Japan’s ~$3 trillion. But a 50% increase in one week is an astounding rate of change.
The culprit?
A 500% increase in SDRs: the “global” currency issued by the IMF. The blog ZeroHedge caught this story first and pointed out that SDRs are the IMF’s means of maintaining a “super reserve” currency for the world. SDRs are defined as: a basket of currencies, today consisting of the euro, Japanese yen, pound sterling, and U.S. dollar.
Now, one has to wonder why the US Federal Reserve decided to suddenly buy $40 billion worth of SDRs overnight. The answer is that the IMF decided to massively increase the amount of SDRs outstanding from SDR 21 billion to SDR 204 billion in late August.
This came as part of a G20 decision made in April 2009 to stabilize the global financial system. Interestingly, of the countries involved in buying SDRs, the US bought the most at SDR 30 billion, compared to Japan (SDR 11 billion), and China (SDR 6 billion).
I realize this is getting a bit technical. But in simple terms this means that the US Fed intentionally participated in a world reserve currency scheme that devalued the dollar.
Folks, even the Fed doesn’t want to own dollars. It’s time to look for a currency that can’t be devalued.
Filed under: Bolivia, China, common currency, Credit Crisis, Cuba, DEBT, deflation, Dictatorship, Dollar, dollar collapse, dollar dump, Economic Collapse, economic depression, Economy, Ecuador, Empire, Euro, evo morales, Fascism, fiat currency, France, g20, gas prices, gasoline, global bankers, global central bank, global currency, global economy, global elite, global government, global treasury, Globalism, globalist elite, Great Depression, Greenback, Honduras, Hugo Chavez, hyperinflation, imf, IMF bonds, Inflation, internationalist, internationalists, Iran, Japan, Jose Antonio de Sucre, latin america, market manipulation, middle east, New World Order, Nicaragua, NWO, Oil, One World Government, Petrol, putin, ruble, Russia, SDR, SDRs, Simon Bolivar, single currency, socialism, spain, Stock Market, super currency, tax, Taxpayers, Tehran, UN, united nations, US Economy, Venezuela, Wall Street, World Bank, world currency, world government, yuan
Russia and Iran Now OFFICIALLY Talking of Dumping Dollar for International Trade
Washington’s Blog
October 18, 2009
After the Independent reported that Middle Eastern oil producers, plus China, Japan and France have all agreed to start trading oil using a basket of currencies – instead of the dollar – starting in 9 years, spokesmen for those governments denied it.
The Independent’s reporter explained why the governments were denying the rumor.
But now the governments themselves are starting to admit that they are switching out of the dollar.
For example, Russian Prime Minister Vladimir Putin said Wednesday that Russia is ready to consider using the Russian and Chinese national currencies instead of the dollar in bilateral oil and gas dealings. As Russia’s newspaper RIA Novosti writes:
Russia is ready to consider using the Russian and Chinese national currencies instead of the dollar in bilateral oil and gas dealings, Prime Minister Vladimir Putin said on Wednesday.
The premier, currently on a visit to Beijing, said a final decision on the issue can only be made after a thorough expert analysis.
“Yesterday, energy companies, in particular Gazprom, raised the question of using the national currency. We are ready to examine the possibility of selling energy resources for rubles, but our Chinese partners need rubles for that. We are also ready to sell for yuans,” Putin said.
And Iran’s Press TV reports that Iran wants to completely drop the dollar from its foreign exchange:
Since October 2007, Iran has received 85 percent of its oil revenues in currencies other than the US dollar and Tehran is determined to find a substitute for the US dollar for the rest of its 15 percent of oil revenues, the report added.
This story is confirmed by the Tehran Times, which notes:
As I have repeatedly noted, many countries have been moving out of the dollar for years. The process is simply accelerating.
In line with this plan, Iran has informed Japan that it should use the yen instead of dollars to pay for the oil it buys from the Islamic Republic.
In addition, Iran has decided to open a bourse for oil and gas transactions in currencies other than the U.S. dollar, especially the euro.
Latin America plans US dollar replacement
Press TV
October 17, 2009
Leftist Latin American leaders have agreed on using a new intra- regional trading currency, dubbed as Sucre, instead of the US dollar.
Bolivian President Evo Morales, who hosted leaders of the Bolivarian Alternative for Latin America and the Caribbean (ALBA), said that the “document is approved.”
During the seventh ALBA summit, the leaders agreed on the currency reform as well as approving plans to impose economic sanctions against the coup leaders in Honduras, AFP reported.
The currency, Sucre, is named after Jose Antonio de Sucre who fought for Spain’s independence alongside Venezuelan hero Simon Bolivar in the early 19th century.
Sucre is scheduled to be rolled out in 2010 in a non-paper form.
The nine members of ALBA, conceived by Venezuelan President Hugo Chavez, are Cuba, Dominica, Venezuela, Ecuador, Nicaragua, Honduras, Saint Vincent and Antigua, Bolivia and Barbuda.
The bloc also agreed to replace the International Center for Settlement of Investment Disputes, which is in charge of arbitrating international disputes and has probed a large number of contract disputes between Western energy firms and members of ALBA.
ALBA, which has already lost many of its members, including Ecuador, is echoing the moves of the European Union and its introduction of euro.
Filed under: 2009 bilderberg, american union, Amero, asian union, Asian-Pacific Union, Barack Obama, bilderberg, blair, Britain, Canada, centralization, China, Colonialism, common currency, Continuity of Government, Control Grid, Credit Crisis, DEBT, Dictatorship, Dollar, Economic Collapse, economic depression, economic world order, Economy, Empire, environmental taxation, Euro, Europe, european union, Fascism, Federal Reserve, g20, global currency, global economy, global elite, global government, global tax, global treaty, Globalism, globalists, Great Depression, Greenback, hyperinflation, imf, IMF bonds, Inflation, internationalist, internationalists, ireland, Japan, jim tucker, lisbon treaty, Martial Law, Mexico, NAFTA, NAU, Nazi, New World Order, North American Union, NWO, obama, obama stimulus, One World Government, private bank, Russia, SDR, SDRs, single currency, socialism, sovereignty, Soviet Union, SPP, stimulus, Stock Market, super currency, UN, United Future World Currency, United Kingdom, united nations, US Economy, US Treasury, Wall Street, World Bank, world currency, world government | Tags: international criminal court, james steinberg
Russian Scholar Says US Will Collapse By 2010 – Re-Colonization of America Before 2011
NoWorldSystem.com
October 3, 2009
Russian Professor Igor Panarin predicts that the United State will completely collapse due to the faltering economy in 2010 much like the Soviet Union did in 1991, he also warns Barack Obama will order Martial Law during the economic depression that will create total chaos for Americans while the still-standing nations take over the country. According to the professor the states will split into six rump-states before 2011 where Russia, China, European Union, Canada, Japan and Mexico will re-colonize what’s left of the United States.
“In my opinion, the probability of the U.S. ceasing to exist by June, 2010 exceeds 50%. At this point,” warns Panarin, a doctor and professor of Russian Diplomatic Academy Ministry of Foreign Affairs.
Panarin also made it clear that President Obama has and will do nothing to stop the coming collapse of the U.S. economy and the U.S. dollar, he says can all begin to unfold as early as November 2009.
“Obama is “the president of hope”, but in a year there won’t be any hope,” said Panarin. “He’s practically another Gorbachev – he likes to talk but hasn’t really managed to do anything. Gorbachev at least had been a secretary of a regional communist party administration, whereas Obama was just a social worker. His mentality is totally different. He’s a nice person and talks nicely – but he’s not a leader and will take America to a crash. When Americans understand that – it will be like a bomb explosion.”
Obama has officially embraced the New World Order at the G20 meeting in New York, stating; “The time has come for the world to move into a new direction” and that the world must “embrace a new era of mutual interests”.
Basically the New World Order is a World Government agenda that will force all nation-states to be in favor of a World Government Dictatorship, under the auspices of the United Nation. The plan is to divide the world into 3 giant Continental Unions, each will have their own individual currency.
The goal is an “Asian-Pacific Union” and the “American Union” both modeled after the already established European Union (EU). The EU has its common currency, the euro, and a European Parliament that can impose laws and the once sovereign nations of Europe and a European Court superior to the highest courts of member states. The EU is effectively a single super-state.
The “American Union” is to evolve from the North American Free Trade Agreement, or NAFTA, as it extends throughout the Western Hemisphere. The common currency is to be the “amero”. Panarin previously stated that the U.S. dollar would eventually be replaced with “a common Amero currency as a new monetary unit”, referring to the Security and Prosperity Partnership agreement between the U.S., Canada and Mexico.
There has been a lot of talk about continental currencies, but there has also been talks about a world ‘super currency’ controlled by the IMF under the control of the United Nations. It remains to be seen and is open for debate what exactly will happen, regardless of the currency choice, national sovereignty will be given up if any of these new currencies are implemented.
A nation’s currency is a symbol of sovereignty, so when things like the euro are created it destroys the sovereignty of all the countries entrapped in the European Union. So the internationalists want to collapse America’s sovereignty because many of them know that if Americans knew of their plans to destroy U.S. sovereignty they would revolt against the United Nations and there would never be a New World Order without the U.S. just like there wouldn’t be a European Union without Ireland. The internationalists members of the Bilderberg group this year have discussed the desire for a short-but-painful depression in the United States that paves the way for their new sustainable economic world order, destroying America’s sovereignty and paving the way for World Dictatorship.
There are so many things that have already been accomplished for the creation of a World Government:
1) The enactment of the Lisbon Treaty that completes the European Union has been finalized, Ireland has voted ‘Yes’ to the treaty just recently and will create a seat for a new EU President (Tony Blair) who will be in control of the entire European continent. 2) The internationalists are planning to destroy the U.S. economy and the U.S. dollar through manipulation, debt and hyperinflation, the Federal Reserve has been successfully devaluing the dollar by printing money out of thin air to counter the effects of the crisis. The Fed’s destruction of the dollar will topple its dominance in the world market as the currency of choice. The recent election victory for Japan’s Democratic Party is another sign that the economic collapse of the dollar is coming, according to Panarin:
“Today I received another confirmation that the collapse of the dollar and the US is inevitable. Japan’s Democratic Party won the election, and I’d like to remind you that its leader [Yukio Hatoyama] has the snubbing of the dollar among his economic plans. In plainer words, he plans to transfer Japan’s monetary reserves from US dollars into another currency. The move will seriously accelerate the dollar’s exchange slump as early as this November. Disintegration will follow shortly,” he said, adding that next year China would also begin to massively dump the dollar and that Russia would begin to sell oil and gas for roubles.
The new Bilderberg-backed Japanese President fully supports the plan for an Asian-Pacific Union that will have its own regional currency like the EU.
Panarin forsees the U.S. breaking up into six large estates by 2011, roughly along the lines of the beginning of North American colonialism where British, French and Spanish settlers were the main countries that fought for Indian land.
Panarin sees all the states of the west including California will be part of China, the entire north including the central states with their large Native American populations will be under the influence of Canada (which is a British Commonwealth Nation), the majority of the eastern states may be taken over by the European Union, the Southern states including New Mexico and Florida will be under the influence of Mexico and Alaska would go to Russia and Hawaii would either go to China or Japan. (see map here)
America as we know it will cease to exist altogether if any of what Panarin says is true.
Russian Professor: Collapse Of America Could Begin In Two Months
Filed under: Afghanistan, airstrikes, Atomic Veterans, Australia, Britain, cancer, Chemical Warfare, Depleated Uranium, Donald Rumsfeld, Eugenics, european union, Genocide, Globalism, health and environment, Human Experiments, infanticide, Iraq, Japan, kosovo, london, medical Experiments, Military, military exercise, Military Industrial Complex, military strike, navy, nuremburg, puerto rico, radiation, soldiers, Troops, u.s. soldiers, United Kingdom, veterans, war crime, War Crimes
U.S. Used Depleted Uranium in Australia, Japan, Puerto Rico
Filed under: Amero, Barack Obama, Canada, China, civil war, Communism, Credit Crisis, DEBT, deflation, Dictatorship, Dollar, Economic Collapse, economic depression, Economy, EU, european union, Fascism, global currency, global economy, global elite, global government, Globalism, gorbachev, Great Depression, Greenback, Hitler, hyperinflation, Inflation, Japan, Mexico, mikhail gorbachev, NAU, Nazi, New World Order, North American Union, NWO, obama, Oil, Ordo Ab Chao, Russia, single currency, socialism, Soviet Union, SPP, Stock Market, super currency, Uncategorized, US Economy, us sovereignty, Wall Street, world currency, world government | Tags: igor panarin, Yukio Hatoyama
Russian Professor: Collapse Of America Could Begin In Two Months
Doomsday author says Obama is doing nothing to forestall disintegration
Paul Joseph Watson
Prison Planet.com
September 1, 2009
Russian Professor Igor Panarin says that events are continuing to confirm his doomsday prediction first made over 10 years ago, that the United States will completely collapse like the Soviet Union before the end of 2010, and warns that the chaos could begin to unfold in as little as two months.
Panarin, doctor of political sciences and professor of the Russian Diplomatic Academy Ministry of Foreign Affairs, told journalists during the unveiling of his new book yesterday that President Obama has done nothing to forestall the fast approaching crisis and that it could begin to properly unfold in November.
“Obama is “the president of hope”, but in a year there won’t be any hope,” said Panarin. “He’s practically another Gorbachev – he likes to talk but hasn’t really managed to do anything. Gorbachev at least had been a secretary of a regional communist party administration, whereas Obama was just a social worker. His mentality is totally different. He’s a nice person and talks nicely – but he’s not a leader and will take America to a crash. When Americans understand that – it will be like a bomb explosion.”
Since 1998, Panarin has been warning of a future disintegration of the United States and the collapse of the dollar. The recent election victory for Japan’s Democratic Party is another sign that the economic collapse of the U.S. is imminent, according to Panarin.
“Today I received another confirmation that the collapse of the dollar and the US is inevitable. Japan’s Democratic Party won the election, and I’d like to remind you that its leader [Yukio Hatoyama] has the snubbing of the dollar among his economic plans. In plainer words, he plans to transfer Japan’s monetary reserves from US dollars into another currency. The move will seriously accelerate the dollar’s exchange slump as early as this November. Disintegration will follow shortly,” he said, adding that next year China would also begin to massively dump the dollar and that Russia would begin to sell oil and gas for roubles.
Panarin previously stated that the dollar would eventually be replaced with “a common Amero currency as a new monetary unit”, referring to the Security and Prosperity Partnership agreement between the U.S., Canada and Mexico.
He foresees the U.S. breaking up into six different parts, roughly along lines similar to those of 1865 during the Civil War, “The Pacific coast, with its growing Chinese population; the South, with its Hispanics; Texas, where independence movements are on the rise; the Atlantic coast, with its distinct and separate mentality; five of the poorer central states with their large Native American populations; and the northern states, where the influence from Canada is strong,” according to Panarin.
Longer term, Panarin predicts that the breakaway states will eventually be taken over by the European Union, Canada, China, Mexico, Japan and Russia and America will cease to exist altogether, as depicted in the illustration above.
Panarin blames the collapse on a “political elite that implements an absurd and aggressive policy that aims to create conflicts around the planet” and warns that increasing firearms sales in the U.S. are a sign that people are preparing for “chaos” in the aftermath of a total financial meltdown.
“In my opinion, the probability of the US ceasing to exist by June, 2010 exceeds 50%. At this point, the mission of all major international powers is to prevent chaos in the US,” Panarin concluded.
Watch a clip from Russia Today below.
Filed under: 2008 Election, Alex Jones, Amero, asia, Australia, BP, Britain, Canada, China, Control Grid, Credit Crisis, DEBT, Dollar, dubai, Economic Collapse, economic depression, Economy, Europe, european union, exxon mobil, Federal Reserve, gas prices, global economy, global elite, global government, Globalism, Great Depression, Greenback, hyperinflation, Inflation, internationalist, internationalists, Iran, Japan, John McCain, kuwait, Lindsey Williams, london, manipulated economy, manipulated oil prices, manipulated prices, market manipulation, Mexico, middle east, muslims, neocons, New World Order, North American Union, Oil, OPEC, Petrol, price fixing, Saudi Arabia, single currency, Stock Market, United Kingdom, US Economy, Wall Street | Tags: global currency, global currency system, globalization, Mohammad Ali Khatibi, oil bourse, oil cut, one world currency, shell, Stanley Monteith, t-bills, the energy non crisis
Lindsey Williams Predicted Oil Will Be $50 a Barrel
Insider of the Global Elite was told: “Price of crude oil is going down to $50 a barrel. . . gas will be $2 to $2.50 a gallon” (1st video @ 7:11). “The entire Arab world will be bankrupt” (2nd video @ 7:34) “. . . you are going to shout and dance on the street at $2 a gallon and mark my words within 3-4 weeks time you are going to shutter in your boots because the dollar is going to go to zero, they’ll have an excuse to bring in the North American Union, they will be able to issue a new currency . . .” (3rd video)
Lindsey Williams on Alex Jones Show, October 26, 2008
Oil falls to $63, OPEC plans on cutting supply of oil
AP
October 26, 2008
Oil prices fell to 17-month lows at $63 a barrel Monday in Asia as investors weighed Friday’s OPEC output cut against growing evidence of a severe global economic slowdown that would undermine crude demand.
Light, sweet crude for December delivery fell 32 cents to $63.83 a barrel in electronic trading on the New York Mercantile Exchange by midday in Singapore.
Investors brushed off a 1.5 million barrel-a-day cut announced by the Organization of Petroleum Exporting Countries on Friday, focusing instead on falling crude demand as economies across the globe reel from the impact of a credit crisis.
On Friday, oil fell $3.69 to settle at $64.15. Prices have plunged 57 percent from a record $147.27 on July 11.
“The mood is fairly negative reflecting worry about the international economic outlook,” said David Moore, a commodity strategist at Commonwealth Bank of Australia in Sydney. “If there is further weak economic data in the U.S. or Europe, prices could come under more downward pressure.”
Iran’s OPEC governor Mohammad Ali Khatibi said Sunday a reduction in production “will be considered” at the group’s next meeting in Algiers in December — a meeting that might even be held early if necessary.
“I thought the OPEC cut was a fairly decisive act, but concerns of recession in the major economies remain dominant,” Moore said. “OPEC’s cut does take a step toward tightening the market.”
http://www.reuter..dName=domesticNews&rpc=22&sp=true
Oil Can Fall to $50-$60 if Credit Stays Tight
http://www.cnbc.com/id/27160853
Oil down 50pc from July high
http://www.telegraph.co.uk/finance/finance..-July-high.html
Filed under: 2-party system, AIG, bailout, Bank of England, Bear Stearns, Big Banks, Britain, Central Banks, Credit Crisis, DEBT, Derivatives, Dictatorship, Dollar, ECB, Economic Collapse, economic depression, Economy, Empire, Europe, european union, fannie mae, Fascism, Federal Reserve, foreclosure, freddie mac, G7, global economy, Great Depression, Greenback, henry paulson, housing market, hyperinflation, Inflation, interest rate cuts, Japan, JP Morgan, liquidation, london, middle class, mortgage, mortgage companies, mortgage lenders, Nancy Pelosi, national socialism, nationalization, neocons, Neolibs, Paulson, rate cut, real estate, scotland, socialism, Stock Market, subprime, subprime lending, switzerland, Taxpayers, UBS, United Kingdom, US Economy, US Treasury, Wall Street | Tags: Nouriel Roubini, run on banks, swiss central bank
Potential Cost For Bailout is $5 Trillion or $43K Per Household
Steve Watson
Infowars.net
October 15, 2008
The total potential cost of the financial bailout to the U.S. taxpayer is already rapidly approaching $5 trillion, over seven times as much as the meaningless $700 billion bailout bill figure.
Analysts have previously marked out the $5 trillion figure as the actual cost, now those predictions are becoming demonstratively accurate.
Meanwhile, Hank Paulson has defended government intervention, stating “There’s no doubt that the way to get the maximum bang for the taxpayers here was to invest in banks.”
Based on this Reuters summary and the sources linked within the table, here is a breakdown of the bailout’s cost to taxpayers so far.
|
Bailout Type
|
Cost To Taxpayers |
|---|---|
|
|
$300 billion |
|
|
$250billion |
|
|
$25 billion |
|
|
$150 billion |
|
|
$700 billion+ |
|
|
$29 billion |
|
|
$200 billion |
|
|
$85 billion (+ extra request of $35 billion) |
|
|
$300 billion |
|
|
$4 billion |
|
|
$87 billion |
|
|
$200 billion+ |
|
|
$50 billion |
|
|
$144 billion |
| POSSIBLE TOTAL | $2.56 trillion+ |
| NUMBER OF HOUSEHOLDS PER U.S. CENSUS |
105,480,101 |
| POSSIBLE COST PER HOUSEHOLD |
$24,26
|
In addition, the U.S. government has said it will temporarily guarantee $1.5 trillion (£856 billion) in new senior debt issued by banks, as well as insure $500 billion (£285 billion) in deposits in non-interest accounts, mainly used by businesses.
These figures take the potential cost to $4.559 trillion+ – or $43, 221 per household.
Furthermore, when you account for the fact that the credit default swap market is around $62 trillion, and that derivatives worldwide are worth between between $1 and $2 quadrillion, the numbers start to become meaningless.
Fed To Offer Unlimited Dollars
Bloomberg
October 13, 2008
The U.S. Federal Reserve led an unprecedented push by central banks to flood financial markets with dollars, backing up government efforts to restore confidence in the banking system.
The ECB, the Bank of England and the Swiss central bank will offer unlimited dollar funds in auctions with maturities of seven days, 28 days and 84 days at a fixed interest rate, the Washington-based Fed said today. The Bank of Japan may introduce “similar measures.’’ The dollar declined and some money-market rates fell.
Policy makers from the Group of Seven nations pledged at the weekend to take “all necessary steps’’ to stem a market panic after the MSCI World stock index plunged 20 percent last week. Central banks last week cut interest rates in tandem for the first time since 2001, the U.S. plans to buy $700 billion in distressed assets from banks and in Europe, the U.K. is leading a push to keep lenders afloat with taxpayers’ money.
“By providing unlimited dollar funds they are acting on the back of the G-7 plan to ensure the system is fully liquidized,’’ said Lena Komileva, an economist at Tullet Prebon Plc in London. “We’re going to see even more liquidity provided and more aggressive rate cuts are coming.’’
http://www.reuters.com/article/newsOne/idUSTRE49F97920081017
Millionaire Hedge Fund Trader Thanks Idiot Traders
http://www.guardian.co.uk/business/2008/oct/18/banking-useconomy
Treasury Black Out Key Parts Of Bailout Contracts
http://www.huffingtonpost.com/..136030.html
Wall Street banks in $70bn staff payout
http://www.guardian.co.uk/business/2008/oct/17/executivesalaries-banking
Homeless Numbers Alarming
http://www.usatoday.com/news/nation/2008-10-21-homeless_N.htm
House prices ‘to plummet by 35%’ – the biggest ever fall in Britain
http://www.dailymail.co.uk/news/..–biggest-fall-Britain.html
Royal Bank Of Scotland Nationalized
http://business.timesonline.co…g_and_finance/article4932250.ece
Switzerland Pumps Billions Into Bank System
http://biz.yahoo.com/ap/081016/eu_switzerland_banks.html?printer=1
UBS Gets Bailout From Swiss National Bank
http://www.chicagotribune.com..7,0,4057853.story
Dow Jones Bloodbath Mirroring 1929 Rout
http://www.prisonplanet.com/dow-jones-bloodbath-mirroring-1929-rout.html
Two More Banks Closed By Regulators
http://money…00397x1211373371x1200675175
U.S. Stocks Plunge Most Since Crash of `87 on Recession Concern
http://www.bloomberg.com/apps/news?pid..er=home
Roubini Sees Worst Recession in 40 Years, Rally’s End
http://www.bloomberg.com/apps/news?..efer=home
JPMorgan Responsible for the Destruction of U.S. Financial System
http://www.marketoracle.co.uk/Article6826.html
World May Be Lucky to Get Worst Recession Since 1983
http://www.bloomberg.com..OAeSWBCY&refer=home
Stocks On Track For Worst Year Since 1937
http://www.chron.com/disp/story.mpl/nation/6050283.html
Former Fed chief says U.S. now in recession
http://www.reuters.com/article/newsOne/idUSTRE49D2QB20081014
Filed under: 2-party system, 2008 Election, bailout, Barack Obama, bernanke, Big Banks, brad sherman, Britain, C-Span, California, Chicago, China, chris dodd, citigroup, CNBC, Congress, Credit Crisis, DEBT, Dictatorship, Dollar, Dow, Economic Collapse, economic depression, Economy, Empire, Europe, european union, Fascism, FDIC, Federal Reserve, food crisis, food market, food prices, food shortage, foreclosure, foreign banks, foreign investors, France, general motors, George Bush, Germany, global economy, Globalism, GM, Goldman Sachs, google, Great Depression, Greenback, Harry Reid, henry paulson, House, housing market, hyperinflation, Inflation, interest rate cuts, Japan, jim rogers, joe biden, John McCain, Larry Kudlow, left right paradigm, liquidation, london, marc faber, middle class, mortgage, national socialism, nationalization, neocons, Neolibs, obama, Paulson, Propaganda, Psyops, putin, rate cut, real estate, Russia, Senate, socialism, Stock Market, subprime, subprime lending, Taxpayers, US Economy, US Treasury, Wachovia, Wall Street, wells fargo | Tags: earmarks, financial markets bill, financial terrorism, great britain, hr 3997, mental health bill, pork, pork barrel, pork barrel earmarks, Pork Barrel Spending, shanghai
Bailout Bill Will Help Chinese Banks, Foreign Banks
Congress Approves Bailout Bill
AP
October 3, 2008
With the economy on the brink and elections looming, Congress approved an unprecedented $700 billion government bailout of the battered financial industry on Friday and sent it to President Bush for his certain signature.
The final vote, 263-171 in the House, a comfortable margin that was 58 more votes than it garnered on Monday. The vote capped two weeks of tumult in Congress and on Wall Street, punctuated by daily warnings that the country confronted the gravest economic crisis since the Great Depression if lawmakers failed to act.
Dow plummets when bailout passes
List of Representatives who Switched from “Nay” to “Yea”
http://www.campaignforliberty.com/blog.php?view=1087#.
Food Riots Have Already Begun as Global Grain Prices Skyrocket, Supplies Dwindle
http://www.naturalnews.com/024372.html
California may need emergency $7 billion bailout
http://www.reuters.com/article/newsOne/idUSTRE49229820081003
Hoax Bank Closure Story Peddles Bailout Propaganda
http://www.prisonplanet.co..e-story-peddles-bailout-propaganda.html
Fed Officials Considering Further Rate Cuts: Report
http://www.cnbc.com/id/26986621
Former Head of Fed’s Open Market Operations Says Bailout Might Make Things Worse
http://georgewashington2.blogspot.com/2..ad-of-feds-open-market.html
Bailout Would Only Prolong Crisis: Jim Rogers
http://www.youtube.com/watch?v=49SYpcaWHTE
Wells Fargo Buys Wachovia Nixing Citi Deal
http://biz.yahoo.com/..ls_fargo_wachovia.html?.v=8
Report blames U.S. trade gap for 5.6 million lost jobs
http://www.reuters.com/article/ousiv/idUSTRE4913E220081002
Putin blames US for world economy crisis
http://www.presstv.ir/detail.aspx?id=71042§ionid=351020602
Bailout bill is 451 pages long
http://news.yahoo.com/s/a..cnWOA64ch9GkocOsJ0lJv24cA
Who’s profiting from the crisis? Goldman Sachs, of course
http://www.marketwatch.c..CDCB7}&print=true&dist=printMidSection
Paulson Bank Rescue Proposal Is ’Crazy,’ O’Neill Says
http://www.bloomberg.com/apps/ne..mClVjevU&refer=home
France Wants $500B Rescue For Europe
http://business.timesonline.co.uk/tol/business/markets/article4864032.ece
Faber: U.S. Bailout Won’t Stop Slowdown
http://www.bi-me.com/main.php?id=25070&t=1&c=35&cg=4&mset=1011
IMF Adds Pressure On Congress To Pass Bailout
http://www.guardian.co.uk/business/2008/oct/01/banking.useconomy
Google stock plunges more than 93% in “erroneous trading”
http://www.tgdaily.com/html_tmp/content-view-39543-118.html
Ford & GM Auto Sales Drop
http://news.yahoo.com/s/ap/20081001/ap_o..OmxGcLJO8EjS5v24cA
Chicago woman buys a house for $1.75
http://www.presstv.ir/detail.aspx?id=71130§ionid=3510213
Ex-bankers on pushing customers to rack up debt
http://www.cnn.com/2008/LIVING/pers..dex.html?iref=mpstoryview
US economic dominance over – Russia
IMF Warned Of Full-Blown Crisis
September’s ISM Manufacturing Index “Screams Recession,” Economists Say
SEC Extends Ban On Short Selling
Brazilian president: Brazilian economy solid, U.S. should do their homework
Western World Will Become Less Wealthy
’Car sleepers’ the new US homeless
Filed under: bailout, Big Banks, bilderberg, Bill Clinton, BIS, brazil, Britain, Central Banks, CFR, China, Credit Crisis, DEBT, Dictatorship, Dollar, Economic Collapse, economic depression, Economy, Europe, european union, Fascism, Federal Reserve, global economy, global elite, global government, Globalism, Great Depression, Greenback, Hegelian Dialectic, Henry Kissinger, hyperinflation, imf, Inflation, Japan, Lehman Brothers, liquidation, nationalization, Nazi, New World Order, nixon, Problem Reaction Solution, Saudi Arabia, socialism, Stock Market, Uncategorized, United Kingdom, US Economy, Wall Street, White House, World Bank | Tags: global monetary authority, global monetary system, Timothy Geithner
Former Kissinger Policy Planner, CFR Member Calls For New Global Monetary Authority
Steve Watson
Infowars.net
September 26, 2008
A Council on Foreign Relations member and former policy planner under prominent Bilderberger Henry Kissinger has penned a piece in the Financial Times of London calling for a “new global monetary authority” that would have the power to monitor all national financial authorities and all large global financial companies.
“Even if the US’s massive financial rescue operation succeeds, it should be followed by something even more far-reaching – the establishment of a Global Monetary Authority to oversee markets that have become borderless.” writes Jeffrey Garten, also a former managing director of Lehman Brothers.
Garten, now a professor of business at Yale, served on the policy planning staff of Kissinger during his time as Secretary of State. He also served on the White House Council on International Economic Policy under the Nixon administration and went on to become the Undersecretary of Commerce for International Trade under Bill Clinton.
Citing “globalization”, A “clash of philosophies” and the “vacuum at the centre” of the current global institutional apparatus, Garten describes his vision for a new monolithic world authority to oversee all financial activity around the globe.
Here are some of the highlights (emphasis added):
A GMA (global monetary authority) would be a reinsurer or discounter for certain obligations held by central banks. It would scrutinise the regulatory activities of national authorities with more teeth than the IMF has and oversee the implementation of a limited number of global regulations. It would monitor global risks and establish an effective early warning system with more clout to sound alarms than the BIS has.
It would act as “bankruptcy court” for financial reorganisations of global companies above a certain size. The biggest global financial companies would have to register with the GMA and be subject to its monitoring, or be blacklisted. That includes commercial companies and banks, but also sovereign wealth funds, gigantic hedge funds and private equity firms.
The GMA’s board would have to include central bankers not just from the US, UK, the eurozone and Japan, but also China, Saudi Arabia and Brazil. It would be financed by mandatory contributions from every capable country and from insurance-type premiums from global financial companies – publicly listed, government owned, and privately held alike.
In a conclusion that smacks of problem, reaction, solution Garten adds “In terms of US and international politics, a Global Monetary Authority is probably an idea whose time has not yet come. That may change as today’s crisis evolves.”
What he describes is nothing less than a global financial dictatorship, operating across borders and forcing nations and corporations to register and adhere to strict monitoring and obey the same regulations. The implementation of such a system would represent total interventionism and the absolute final nail in the coffin of the free market.
Garten’s call for a GMA echoes a piece published in the FT back in June by Timothy Geithner, president of the Federal Reserve Bank of New York.
Fresh from attending the Bilderberg conference in Chantilly, Virginia, Geithner called for a globalized banking system with “appropriate requirements for capital and liquidity”
Filed under: China, Dictatorship, Empire, France, Germany, Japan, Kim Jong-il, Madeleine Albright, north korea, Nuke, putin, Russia, south korea, Uncategorized | Tags: Pyongyang, Toshimitsu Shigemura
Kim Jong Il: dead, alive or using a body double?
Russia Today
September 9, 2008
The health of North Korea’s dictator, Kim Jong Il, has come under the spotlight, just as his country celebrates 60 years since its foundation. The leader did not attend a military parade dedicated to the state holiday. The 66-year-old has not appeared in public for more than three weeks, leading to various rumours emerging. A Tokyo professor even claims Kim died five years ago.
Western media claim that he is ill, while a local newspaper in the South Korean capital Seoul reported Tuesday that Kim collapsed last month.
It is not known how serious the condition of the North Korean leader. According to South Korean diplomats based in North Korea’s capital Pyongyang, Kim lost consciousness on August 22. After that a group of five Chinese doctors traveled to Pyongyang and is now taking care of him. South Korean officials also say the 66-year-old leader suffers from obesity, diabetes and a number of other diseases.
South Korean media, though, doubts the North Korean leader sought medical help from China as before they mainly looked to Germany, France and Russia.
At the same time, Seoul intelligence data claims the North Korean leader has health problems but is still capable of fulfilling his duties.
A new book by Toshimitsu Shigemura, a professor at Japan’s Waseda University, recently added fuel to the long-lasting speculation. In “The true Character of Kim Jong Il” Shigemura claims Kim Jong Il died in the autumn of 2003. Shigemura believes this happened within 42 days after September 10 when the North Korean leader was last seen in public.
In the years that preceded his “death” Kim undertook some big moves influencing the country’s relationship with the outside world. These include the June 2000 summit with South Korean President Kim Dae Jung, a visit from Russian leader Vladimir Putin the following month and then U.S. Secretary of State Madeleine Albright in October 2000. August 2003 saw the opening of six-way talks on halting North Korea’s nuclear weapons programmes.
According to the professor, a group of senior officials took power in their hands willing to protect their positions. The role of “Kim Jong Il” went to several of his doubles controlled by one of the “puppet-masters”.
There has been no reaction from official Pyongyang but the association of Korean residents of Japan strongly denied the claim.
Filed under: Al Gore, Antarctic, Arctic, Australia, Britain, Canada, carbon dioxide, Carbon Tax, China, Co2, environmental taxation, Europe, european union, global tax, Global Warming, greenland, Hoax, ice age, icecaps, ipcc, Japan, london, NASA, new zealand, north pole, polar icecaps, siberia, solar science, sun, sunspots, UN, United Kingdom, weather manipulation, weather modification | Tags: David Barber, Dr. Olav Orheim, geoengineering, institute of geophysics, Matthew Penn, NASA Marshall Space Flight Center, National Solar Observatory, Norwegian International Polar Year Secretariat, NSIDC, sun, sunspots, Victor Manuel Velasco Herrera, William Livingston
Scientist Predicts Ice Age Within 10 Years
Paul Joseph Watson
Prison Planet
August 19, 2008
As evidence builds of the earth entering a dramatic cooling trend, another scientist has gone public with his conviction that we are about to enter a new ice age, rendering warnings about global warming fraudulent and irrelevant.
Victor Manuel Velasco Herrera of the Institute of Geophysics at the University of Mexico states that “In about ten years the Earth will enter a “little ice age” which will last from 60 to 80 years and may be caused by the decrease in solar activity,” according to a report in the major Mexican newspaper Milenio Diario.
Herrera slammed the UN Intergovernmental Panel on Climate Change’s (IPCC) stance on global warming as “erroneous” because of their failure to factor in the impact of solar activity.
The models and forecasts of the IPCC “is incorrect because only are based on mathematical models and presented results at scenarios that do not include, for example, solar activity,” said Herrera.
Herrera states that the earth is entering a natural phase of climate transition during which solar activity will diminish considerably, “so that in two years or so, there will be a small ice age that lasts from 60 to 80 years.”
Herrera cited the growth in glaciers observed at the Andes, Perito Moreno, Logan, the highest mountain in Canada, and Franz-Josef Glacier, New Zealand.
A dramatic cooling trend is being observed across the planet even as people like Al Gore continue to claim that the threat of global warming mandates the poor and middle class be hit with CO2 taxes in order to prevent climate change.
Both anecdotal evidence and hard data indicates that the planet is in the beginning stages of a significant downturn in global temperatures.
Following the end of the Sun’s most active period in over 11,000 years, the last 10 years have displayed a clear cooling trend as temperatures post-1998 leveled out and are now plummeting.
China recently experienced its coldest winter in 100 years while northeast America was hit by record snow levels and Britain suffered its coldest April in decades as late-blooming daffodils were pounded with hail and snow on an almost daily basis. The British summer has also left many yearning for global warming, with temperatures in June and July rarely struggling to get over 16 degrees and on one occasion even dropping as low as 9 degrees in the middle of the afternoon.
“Summer heat continues in short supply, continuing a trend that has dominated much of the 21st Century’s opening decade,” reports the Chicago Tribune. “There have been only 162 days 90 degrees or warmer at Midway Airport over the period from 2000 to 2008. That’s by far the fewest 90-degree temperatures in the opening nine years of any decade on record here since 1930.”
The reason? Sunspot activity has dwindled. There have only been a handful of days in the past two months where any sunspot activity has been observed and over 400 spotless days have been recorded in the current solar cycle.
“The sun’s surface has been fairly blank for the last couple of years, and that has some worried that it may be entering another Maunder minimum, the sun’s 50-year abstinence from sunspots, which some scientists have linked to the Little Ice Age of the 17th century,” reports one science blog.
Since the sun, and not carbon dioxide, is the principle driver of climate change, a dearth of sunspot activity would herald a repeat of the Maunder Minimum, the name given to the period roughly from 1645 to 1715, when sunspots became exceedingly rare and contributed to the onset of the Little Ice Age during which Europe and North America were hit by bitterly cold winters and the Thames river in London completely froze.
Long-time man-made global warming advocates NASA assure us that significant sunspot activity will return in 2012, but a recent a paper on recent solar trends by William Livingston and Matthew Penn of the National Solar Observatory in Tucson, predicts that sunspots will all but vanish after 2015.
As we reported last week, the Armagh observatory, which has been measuring sun cycles for over 200 years. predicts that global temperatures will drop by two degrees over the next 20 years as solar activity grinds to a halt and the planet drastically cools down, potentially heralding the onset of a new ice age.
“Based on the past Armagh measurements, this suggests that over the next two decades, global temperatures may fall by about 2 degrees C — that is, to a level lower than any we have seen in the last 100 years….”Temperatures have already fallen by about 0.5 degrees C over the past 12 months and, if this is only the start of it, it would be a serious concern,” concludes David Watt.
Arctic Ice Grows 30 Per Cent In a Year
Predictions of “ice free” summer for first time in history completely debunked
Paul Joseph Watson
Prison Planet
August 19, 2008
Alarmist scientists who predicted that the North Pole could be “ice free” this summer as a result of global warming have been embarrassed after it was revealed that Arctic ice has actually grown by around 30 per cent in the year since August 2007.
Back in June, numerous prominent voices in the scientific community expressed fears of a mass melting of the polar ice caps, including David Barber, of the University of Manitoba, who told National Geographic Magazine, “We’re actually projecting this year that the North Pole may be free of ice for the first time [in history].”
“This summer’s forecast—and unusual early melting events all around the Arctic—serve as a dire warning of how quickly the polar regions are being affected by climate change,” adds the article.
In February, Dr. Olav Orheim, head of the Norwegian International Polar Year Secretariat, told Xinhua, “If Norway’s average temperature this year equals that in 2007, the ice cap in the Arctic will all melt away, which is highly possible judging from current conditions.”
As per usual, the reality has failed to match the hype of the climate doomsayers.
According to collated data from the NASA Marshall Space Flight Center and the University of Illinois, Arctic ice extent was 30 per cent greater on August 11, 2008 than it was on the August 12, 2007. This is a conservative estimate based on the map projection.
Blue pixels represent increased ice coverage over the North Pole in the year since August 2007.
The video below highlights the differences between those two dates,” reports The Register. “As you can see, ice has grown in nearly every direction since last summer – with a large increase in the area north of Siberia. Also note that the area around the Northwest Passage (west of Greenland) has seen a significant increase in ice. Some of the islands in the Canadian Archipelago are surrounded by more ice than they were during the summer of 1980.”
http://www.youtube.com/watch?v=cKLiHWRaJU4
But what of the Antarctic down south? Figures tell us that ice coverage in the year since August 2007 has grown by nearly one million square kilometers.
As The Register article notes, “The Arctic did not experience the meltdowns forecast by NSIDC and the Norwegian Polar Year Secretariat. It didn’t even come close. Additionally, some current graphs and press releases from NSIDC seem less than conservative. There appears to be a consistent pattern of overstatement related to Arctic ice loss.”
http://www.dailygalaxy.com/my_weblog/2008/06/the-sunspot-mys.html
Dearth Of Sunspot Activity To Herald New Ice Age?
http://www.prisonplanet.com/dearth-of..ty-to-herald-new-ice-age.html
Australia Urges More U.S. Climate Change Action
http://news.yahoo.com/..QH1Dzs3MDIpNiR_IxxpxieAA
Geoengineering may be tech’s answer to global warming
http://www.prisonplanet.com/geoe..o-global-warming.html
Japan to label goods’ carbon footprints: official
http://www.breitbart.com/article…xf1wcko&show_article=1
Arctic ice refuses to melt as ordered
http://www.theregister.co.uk/2008/08/15/goddard_arctic_ice_mystery/
Advancing Hysteria by Editing Skeptical Views of Global Warming
http://newsbusters.org/blogs/noel-shep..iting-skeptical-views-global-warming
Assemblyman urges repeal of NJ global warming law, warns of ‘dramatic cooling’
http://www.politickernj.com..pealing-global-warming-response-act
Spotless days: 400 and counting
http://wattsupwiththat.wordpress.com/..ss-days-400-and-counting/
This decade has had the fewest 90-degree days since 1930
http://www.chicagotribune.com/new..-explainer-13aug13,0,918946.story
Filed under: Ahmadinejad, airstrikes, atlantic, Bio Weapons, biochemicals, Biological Attack, biological warfare, blockade, Britain, China, Condoleezza Rice, Congress, Coup, Europe, european union, False Flag, federal crime, France, genetically modified, georgia, GM, gulf, h.con.res.362, Iran, Iran war resolution, Israel, Japan, man made disease, man made diseases, middle east, Mikheil Saakashvili, Military, military strike, moscow, NATO, navy, neocons, Nuke, ocean, Preemptive Strike, preemptive war, Propaganda, putin, Russia, Saber Rattling, Shock and Awe, South Ossetia, Soviet Union, Syria, Tehran, Troops, United Kingdom, War Crimes, war games, War On Terror, WW3, ww4 | Tags: kadafi, nuclear war, soldiers, u.s. soldiers, US Naval warships, USS Abraham Lincoln, USS Iwo Jima, USS Pearl Harbor, USS Peleliu, USS Ronald Reagon, USS Roosevelt, USS Theodore Roosevelt
Massive U.S. Naval Armada Heads For Iran
Europe Business
August 7, 2008
Operation Brimstone ended only one week ago. This was the joint US/UK/French naval war games in the Atlantic Ocean preparing for a naval blockade of Iran and the likely resulting war in the Persian Gulf area. The massive war games included a US Navy supercarrier battle group, an US Navy expeditionary carrier battle group, a Royal Navy carrier battle group, a French nuclear hunter-killer submarine plus a large number of US Navy cruisers, destroyers and frigates playing the “enemy force”.
The lead American ship in these war games, the USS Theodore Roosevelt (CVN71) and its Carrier Strike Group Two (CCSG-2) are now headed towards Iran along with the USS Ronald Reagon (CVN76) and its Carrier Strike Group Seven (CCSG-7) coming from Japan.
They are joining two existing USN battle groups in the Gulf area: the USS Abraham Lincoln (CVN72) with its Carrier Strike Group Nine (CCSG-9); and the USS Peleliu (LHA-5) with its expeditionary strike group.
Likely also under way towards the Persian Gulf is the USS Iwo Jima (LHD-7) and its expeditionary strike group, the UK Royal Navy HMS Ark Royal (R07) carrier battle group, assorted French naval assets including the nuclear hunter-killer submarine Amethyste and French Naval Rafale fighter jets on-board the USS Theodore Roosevelt. These ships took part in the just completed Operation Brimstone.
The build up of naval forces in the Gulf will be one of the largest multi-national naval armadas since the First and Second Gulf Wars. The intent is to create a US/EU naval blockade (which is an Act of War under international law) around Iran (with supporting air and land elements) to prevent the shipment of benzene and certain other refined oil products headed to Iranian ports. Iran has limited domestic oil refining capacity and imports 40% of its benzene. Cutting off benzene and other key products would cripple the Iranian economy. The neo-cons are counting on such a blockade launching a war with Iran.
The US Naval forces being assembled include the following:
Carrier Strike Group Nine
USS Abraham Lincoln (CVN72) nuclear powered supercarrier
with its Carrier Air Wing Two
Destroyer Squadron Nine:
USS Mobile Bay (CG53) guided missile cruiser
USS Russell (DDG59) guided missile destroyer
USS Momsen (DDG92) guided missile destroyer
USS Shoup (DDG86) guided missile destroyer
USS Ford (FFG54) guided missile frigate
USS Ingraham (FFG61) guided missile frigate
USS Rodney M. Davis (FFG60) guided missile frigate
USS Curts (FFG38) guided missile frigate
Plus one or more nuclear hunter-killer submarines
Peleliu Expeditionary Strike Group
USS Peleliu (LHA-5) a Tarawa-class amphibious assault carrier
USS Pearl Harbor (LSD52) assult ship
USS Dubuque (LPD8) assult ship/landing dock
USS Cape St. George (CG71) guided missile cruiser
USS Halsey (DDG97) guided missile destroyer
USS Benfold (DDG65) guided missile destroyer
Carrier Strike Group Two
USS Theodore Roosevelt (DVN71) nuclear powered supercarrier
with its Carrier Air Wing Eight
Destroyer Squadron 22
USS Monterey (CG61) guided missile cruiser
USS Mason (DDG87) guided missile destroyer
USS Nitze (DDG94) guided missile destroyer
USS Sullivans (DDG68) guided missile destroyer
USS Springfield (SSN761) nuclear powered hunter-killer submarine
IWO ESG ~ Iwo Jima Expeditionary Strike Group
USS Iwo Jima (LHD7) amphibious assault carrier
with its Amphibious Squadron Four
and with its 26th Marine Expeditionary Unit
USS San Antonio (LPD17) assault ship
USS Velia Gulf (CG72) guided missile cruiser
USS Ramage (DDG61) guided missile destroyer
USS Carter Hall (LSD50) assault ship
USS Roosevelt (DDG80) guided missile destroyer
USS Hartfore (SSN768) nuclear powered hunter-killer submarine
Carrier Strike Group Seven
USS Ronald Reagan (CVN76) nuclear powered supercarrier
with its Carrier Air Wing 14
Destroyer Squadron 7
USS Chancellorsville (CG62) guided missile cruiser
USS Howard (DDG83) guided missile destroyer
USS Gridley (DDG101) guided missile destroyer
USS Decatur (DDG73) guided missile destroyer
USS Thach (FFG43) guided missile frigate
USNS Rainier (T-AOE-7) fast combat support ship
Also likely to join the battle armada:
UK Royal Navy HMS Ark Royal Carrier Strike Group with assorted guided missile destroyers and frigates, nuclear hunter-killer submarines and support ships
French Navy nuclear powered hunter-killer submarines (likely the Amethyste and perhaps others), plus French Naval Rafale fighter jets operating off of the USS Theodore Roosevelt as the French Carrier Charles de Gaulle is in dry dock, and assorted surface warships
Various other US Navy warships and submarines and support ships. The following USN ships took part (as the “enemy” forces) in Operation Brimstone and several may join in:
USS San Jacinto (CG56) guided missile cruiser
USS Anzio (CG68) guided missile cruiser
USS Normandy (CG60) guided missile cruiser
USS Carney (DDG64) guided missile destroyer
USS Oscar Austin (DDG79) guided missile destroyer
USS Winston S. Churchill (DDG81) guided missile destroyer
USS Carr (FFG52) guided missile frigate
The USS Iwo Jima and USS Peleliu Expeditionary Strike Groups have USMC Harrier jump jets and an assortment of assault and attack helicopters. The Expeditionary Strike Groups have powerful USMC Expeditionary Units with amphibious armor and ground forces trained for operating in shallow waters and in seizures of land assets, such as Qeshm Island (a 50 mile long island off of Bandar Abbas in the Gulf of Hormuz and headquarters of the Iranian Islamic Revolutionary Guards Corps).
The large and very advanced nature of the US Naval warships is not only directed at Iran. There is a great fear that Russia and China may oppose the naval and air/land blockade of Iran. If Russian and perhaps Chinese naval warships escort commercial tankers to Iran in violation of the blockade it could be the most dangerous at-sea confrontation since the Cuban Missile Crisis. The US and allied Navies, by front loading a Naval blockade force with very powerful guided missile warships and strike carriers is attempting to have a force so powerful that Russia and China will not be tempted to mess with. This is a most serious game of military brinkmanship with major nuclear armed powers that have profound objections to the neo-con grand strategy and to western control of all of the Middle East’s oil supply.
The Russian Navy this spring sent a major battle fleet into the Mediterranean headed by the modern aircraft carrier the Admiral Kuznetsov and the flagship of its Black Sea Fleet, the Guided Missile Heavy Cruiser Moskva. This powerful fleet has at least 11 surface ships and unknown numbers of subs and can use the Russian naval facility at Syria’s Tartous port for resupply. The Admiral Kuznetsov carries approximately 47 warplanes and 10 helicopters. The warplanes are mostly the powerful Su-33, a naval version (with mid-air refueling capability) of the Su-27 family. While the Su-33 is a very powerful warplane it lacks the power of the stealth USAF F-22. However, the Russians insist that they have developed a plasma based system that allows them to stealth any aircraft and a recent incident where Russian fighters were able to appear unannounced over a US Navy carrier battle group tends to confirm their claims. The Su-33 can be armed with the 3M82 Moskit sea-skimming missile (NATO code name SS-N-22 Sunburn) and the even more powerful P-800 Oniks (also named Yakhonts; NATO code name SS-N-26 Onyx). Both missiles are designed to kill US Navy supercarriers by getting past the cruiser/destroyer screen and the USN point-defense Phalanx system by using high supersonic speeds and violent end maneuvers. Russian subs currently use the underwater rocket VA-111 Shkval (Squall), which is fired from standard 533mm torpedo tubes and reaches a speed of 360kph (230mph) underwater. There is no effective countermeasures to this system and no western counterpart.
A strategic diversion has been created for Russia. The Republic of Georgia, with US backing, is actively preparing for war on South Ossetia. The South Ossetia capital has been shelled and a large Georgian tank force has been heading towards the border. Russia has stated that it will not sit by and allow the Georgians to attack South Ossetia. The Russians are great chess players and this game may not turn out so well for the neo-cons.
Kuwait has activated its “Emergency War Plan” as it and other Gulf nations prepare for the likelihood of a major regional war in the Middle East involving weapons of mass destruction.
The two-ton elephant in the living room of the neo-con strategy is the advanced biowar (ABW) that Iran, and to a lessor extent Syria, has. This places the motherlands of the major neo-con nations (America, France, the United Kingdom), as well as Israel, in grave danger. When the Soviet Union fell the Iranians hired as many out-of-work former Soviet advanced biowar experts as possible. In the last 15 or so years they have helped to develop a truly world class ABW program utilizing recombination DNA genetic engineering technology to create a large number of man made killer viruses. This form of weapon system does not require high tech military delivery systems. The viruses are sub-microscopic and once seeded in a population use the population itself as vectors. Seeding can be done without notice in shopping malls, churches, and other public places. The only real defense to an advanced global strategic biowar attack is to lock down the population as rapidly as possible and let those infected die off.
Unless the public gets it act together and forces the neo-cons to stop the march to yet another war in the Middle East we are apt to see a truly horrific nightmare unfold in OUR COUNTRIES.
United States was once ally of Iran for the “War On Terror”
http://www.haaretz.com/hasen/spages/1009504.html
US threatens Iran with ‘punitive’ measures
http://www.news24.com/News24/World/News/0,,2-10-1462_2370594,00.html
Israel Building Up Strike Capabilities Against Iran
http://thinkprogress.org/2008/08/07/isr..e-capabilities-against-iran/
Iran submits nuclear letter, no mention of freeze
http://www.ynetnews.com/articles/0,7340,L-3578123,00.html
U.S.: Iranian Response On Nukes Unacceptable
http://www.breitbart.com/article.php?id=D92C9MC81&show_article=1
Kadhafi warns ‘arrogant’ Iran of military humiliation
http://www.spacewar.com/2006/080805155712.qouscvqz.html
Filed under: 1984, 2008 olympics, beijing, Big Brother, China, civil liberties, civil rights, Communism, Detainee, Dictatorship, Dissent, Empire, Extraordinary Rendition, free press, free speech, George Bush, hong kong, human rights, humiliation, Japan, journalists, Media, mugabe, olympics, Oppression, orwell, police brutality, Police State, Protest, rendition, Surveillance, tibet, tibet protests, Torture, War On Terror, Zimbabwe | Tags: falun gong, falungong practitioners, Gao Zhisheng, Nippon Television Network Corp., olympics security, Shinji Katsuta, Shinzou Kawakita, tokyo, Xinjiang
Chinese Pleading For Human Rights Are Harrassed & Jailed Before Olympics, Journalist Are Intimidated
Washington Post
August 2, 2008
Behind the gray walls and barbed wire of the prison here, eight Chinese farmers with a grievance against the government have been consigned to Olympic limbo.
Their indefinite detainment, relatives and neighbors said, is the price they are paying for stirring up trouble as China prepares to host the Beijing Games. Trouble, the Communist Party has made clear, will not be permitted.
“My bet is the authorities won’t let them out until after the Olympics,” said Wang Xiahua, a veteran anti-government agitator from this farm town 180 miles southwest of Beijing and a supporter of the imprisoned farmers.
The Olympic Games have become the occasion for a broad crackdown against dissidents, gadflies and malcontents this summer. Although human rights activists say they have no accurate estimate of how many people have been imprisoned, they believe the figure to be in the thousands.
The crackdown comes seven years after the secretary general of the Beijing Olympic Bid Committee declared that staging the Games in the Chinese capital would “not only promote our economy but also enhance all social conditions, including education, health and human rights.”
Now, human rights have been set back rather than enhanced, activists say.
“The Olympics have reversed the clock,” said Nicholas Bequelin, a Hong Kong-based specialist for Human Rights in China.
Another foreign human rights advocacy group, Amnesty International, came to a similar conclusion in a report issued Monday titled “The Olympics Countdown — Broken Promises.”
“By continuing to persecute and punish those who speak out for human rights, the Chinese authorities have lost sight of the promises they made when they were granted the Games seven years ago,” said Roseann Rife, Amnesty’s Asia-Pacific deputy director. “The Chinese authorities are tarnishing the legacy of the Games.”
The repressive atmosphere has intensified in part because senior Communist Party officials seem to be just as determined to prevent embarrassing protests — which could be televised — as they are to avert terrorist attacks during the Olympics. In exhortations to security forces, Public Security Ministry commanders and Xi Jinping, the senior Communist Party leader in charge of Olympic preparations, repeatedly have said that police must block any attempt to damage China’s image.
Despite these concerns, President Bush and many other world leaders have accepted China’s invitation to attend the Olympic opening ceremony on Friday. After saying for months that the Games should be viewed only as a sporting event, Bush met with Chinese rights activists Tuesday and said he would use the opportunity to remind President Hu Jintao of U.S. support for human rights. The Foreign Ministry criticized his gesture, calling it interference in China’s internal affairs. But his decision to attend was still being interpreted as endorsement of China’s contention that the Olympic Games are not an appropriate stage for human rights appeals.
Chinese police beat, detain 2 Japanese reporters
AP
August 5, 2008
Two Japanese journalists were briefly detained and beaten by police in western China, their companies and one of the men said Tuesday, triggering a protest by the Japanese government. Chinese officials later apologized.
They were working in Xinjiang at the scene of a deadly attack Monday on Chinese policemen when they were forcibly taken to a border police facility, said Shinji Katsuta, a reporter for Japanese broadcaster Nippon Television Network Corp.
“My face was pushed into the ground, my arm was twisted and I was hit two or three times in the face,” he said in a phone interview broadcast on his station.
A photographer from the Tokyo Shimbun newspaper, Shinzou Kawakita, was also apprehended and roughed up, said a company spokesman who declined to give his name, citing company policy.
Chinese Rights Advocate Tortured in Captivity
Yu Hang
Sound of Hope Radio
August 5, 2008
In the shadow of a Beijing Olympics touted as a harbinger of change and human rights improvements, a well-placed informant from China disclosed to Sound of Hope Radio (SOH) the painful plight of renowned Chinese human rights attorney Gao Zhisheng since his disappearance a year ago.
The anonymous insider told SOH in a telephone interview that Gao, after his mysterious disappearance on September 22, 2007, was taken by the PRC police to a secret location where he suffered physical and psychological torture for nearly 60 days. The source said the level of torture was “beyond anyone’s imagination” and even the police executing the torture admired Gao’s uncompromising spirit.
While recounting the tortures inflicting on Gao, the insider souce said [transcribed from the telephone recording], “For example, they stripped attorney Gao Zhisheng naked, threw him to the ground and attacked him with electric batons. They deprived him of sleep. This is very common. It goes without saying that they beat him up as well. They have resorted to lowly, despicable means.”
The insider added that they tortured Gao Zhisheng to make him do three things. First, to make him write an article condemning Falun Gong. Second, to make him write articles condemning the founder of Falun Gong. Third, to make him write articles praising the Chinese Communist Party (CCP).
“But Gao Zhisheng did not compromise,” the source said. “The police were shattered to watch the horrible tortures. The outside world cannot imagine [the severity of the torture.]”
The insider added that Gao was tortured in the same way Falun Gong practitioners are tortured and that the level of torture will make one feel like an animal instead of a human being. The tortures were so cruel that Gao Zhisheng thought of committing suicide and hurting himself, according to the source. While recounting Gao’s plight, the insider repeatedly said, “the tortures are beyond anyone’s imagination.”
The insider told SOH that, with the Beijing Olympic Games impending, the CCP has secretly removed Gao’s family away from Beijing for fear of any unwanted incident, and the Chinese authorities do not plan to release Gao before the Olympic Games are over.
Gao Zhisheng is an attorney once highly praised by China for his successes. In 2005, after sending a series of open letters to authorities questioning the torture and abuse of Falun Gong practitioners, a campaign of harassment, arrest and torture was directed at Gao and his family.
http://www.watoday.com.au/news/la../08/05/1217701960735.html
China Orders Highest Alert for Olympics
http://www.nytimes.com/20..l?_r=2&ref=world&oref=slogin&oref=slogin
China apologises for roughing up journalists on eve of Games
http://www.breitbart.com/article…1.vz49fe9h&show_article=1
Beijing Olympics security: theater of the absurd
http://www.iht.com/articles/ap/2008/08/05/sports/OLY-Inside-the-Rings.php
Filed under: Amero, Australia, bailout, Bank of America, Big Banks, BIS, Britain, Canada, China, Congress, corporations, corporatism, Costa Rica, David Rockefeller, Ecuador, energy, Eugenics, Euro, Europe, european union, exxon mobil, fannie mae, FDIC, Federal Reserve, food market, food prices, food shortage, freddie mac, gas prices, general motors, George Bush, Germany, global economy, global elite, global government, Globalism, gold, housing market, hyperinflation, India, indymac, International Bankers, internationalist, Iran, Japan, job market, liquidation, malthusian catastrophe, Martial Law, Mexico, middle class, mortgage companies, mortgage lenders, mugabe, nationalization, neocons, New World Order, North American Union, Oil, Patriot Act, Petrol, Police State, Population Control, Posse Comitatus, private banks, real estate, rockefeller, rothschild, shell, silver, South America, spain, Stephen Harper, subprime, subprime lending, Taxpayers, United Kingdom, Venezuela, wells fargo, Zimbabwe | Tags: Deutsche Bank, george green, k-mart, run on banks, sears, silver shortage, spanish bank, wells fargo
Stressed banks borrow record amount from Fed
Reuters
July 31, 2008
Banks borrowed a record amount of funds from the Federal Reserve in the latest week as the year old credit crisis took a persistent toll, while the commercial paper market continued to contract, signaling tough conditions for short term borrowers.
Banks’ primary credit borrowings averaged $17.45 billion per day in the latest week, the second straight week this had hit a record and up from $16.38 billion the previous week, Fed data showed on Thursday.
Zimbabwe Devalues Currency
AP
July 30, 2008
Zimbabwe will drop 10 zeros from its hyper-inflated currency — turning 10 billion dollars into one — the country’s reserve bank said Wednesday. President Robert Mugabe threatened a state of emergency if businesses profiteer from the country’s economic and political unraveling.
Shop shelves are empty and there are chronic shortages of everything including medication, food, fuel, power and water. Eighty percent of the work force is unemployed and many who do have jobs don’t earn enough to pay for bus fare.
Inverview with George Green – (7/16/2008)
http://www.politico.com/news/stories/0708/12166.html
Soaring energy bills set to push inflation to 16-year high
http://www.dailymail.co.uk/news/ar..set-push-inflation-16-year-high.html
GM Has $15.5 Billion Loss on U.S. Sales Drop, Leases
http://www.bloomberg.com/apps/news?pid=20601087&sid=agMEuJ_r_yxA&refer=worldwide
Venezuela to Nationalize Spanish Bank
http://english.cri.cn/2947/2008/08/01/1821s388058.htm
IndyMAC Files For Bankruptcy Protection
http://www.nytimes.com/2008..2&ref=business&oref=slogin&oref=slogin
Jobless Claims Up Highest In Five Years
http://www.wnbc.com/news/17049831/detail.html
Inflation Could Hit 6% By Fall?
http://economictimes.indiatimes.com..Economist/articleshow/3307499.cms
Deutsche Bank Writedowns Exceed $11 Billion
http://moneynews.com/financenews/bank_writedowns/2008/07/31/117802.html
Shell reports 33% rise in profit
http://www.iht.com/articles/2008/07/31/business/31shellNEW.php
Exxon posts record $11.68 billion profit
http://money.cnn.com/2008/07/31/news/.._profits/?postversion=2008073109
Britons Skipping Meals Due To Money Worries
http://www.money.co.uk/article/100..-meals-due-to-money-worries.htm
IMF Calls For N. African Economic Integration
Greenspan: Housing No Where Near Bottom
Economic Rebound Not As Energetic As Hoped
Biggest dive for commodities in 28 years
Filed under: Arctic, atlantic, Britain, Cold War, Communism, Condoleezza Rice, Czech Republic, Dmitry Medvedev, Europe, european union, George Bush, Iran, Japan, kosovo, Medvedev, Military, military strike, missile defense, moscow, NATO, navy, neocons, north korea, Nuke, ocean, Pentagon, poland, putin, Russia, United Kingdom, war games, WW3, ww4 | Tags: Gordon Johndroe
Russia Threatens Military Action Over U.S. Missile Shield
David Charter
Times Online
July 8, 2008
Russia tonight threatened to retaliate by military means after a deal with the Czech Republic brought the US missile defence system in Europe a step closer.
The threat followed quickly on from the announcement that Condoleezza Rice signed a formal agreement with the Czech Republic to host the radar for the controversial project.
Moscow argues that the missile shield would severely undermine the balance of European security and regards the proposed missile shield based in two former Communist countries as a hostile move.
“We will be forced to react not with diplomatic, but with military-technical methods,” the Russian Foreign Ministry said in a statement.
The ministry did not detail what its response might entail.
Dr Rice, the US Secretary of State, hailed the agreement as a step forward for international security.
After 14 months of negotiations, the US is struggling to clinch agreement with its other proposed partner – Poland – where it hopes to locate the interceptor missiles designed to shoot down any incoming rockets.
U.S. plays down Russian warning on missile shield
Olivier Knox
AFP
July 8, 2008
The United States urged Russia on Wednesday to join its planned missile defence as “equal partners” and played down a warning from Moscow that it might react militarily to the system.
“We seek strategic cooperation on preventing missiles from rogue nations like Iran from threatening our friends and allies,” said White House spokesman Gordon Johndroe. “We will continue to have a dialogue with the Russians.”
“We want to design a system between the United States, Russia and Europe, with everyone participating as equal partners,” Johndroe said on the margins of a rich nations summit at this mountain resort in northern Japan.
Washington says it needs to base interceptor missiles in Europe to form a shield to stop possible attacks by states like Iran or North Korea.
US President George W. Bush and Russian President Dmitry Medvedev clashed on the controversial plan on Monday, in their first face-to-face talks since the Russian leader took office in May.
And Russia warned Tuesday that it would react militarily if Washington erected installations on its Cold War turf, hours after US Secretary of State Condoleezza Rice signed a deal to base some components in the Czech Republic.
Russia starts large-scale naval exercise in the Pacific
RIA Novosti
July 11, 2008
Over 20 combat and auxiliary ships from Russia’s Pacific Fleet started on Tuesday a large-scale naval exercise in the Sea of Japan, which includes live firing drills, a fleet spokesman said.
“The exercise is part of the summer combat training program,” Captain 1st Rank Roman Martov said. “More than 20 combat and auxiliary ships will participate in about 20 individual and group drills.”
The core of the naval task force participating in the exercise consists of the Varyag, a Russian Slava-class missile cruiser dubbed ’the killer of aircraft carriers,’ the Bystry, a Sovremenny class destroyer, and a group of missile boats.
According to the exercise scenario, the Russian naval task force and shore-based naval aircraft are tasked with the search and destruction of an ’aggressor force’ attempting to establish a beachhead on the Russian coast.
The ships will conduct a series of live firing drills against ground, surface, and air targets.
During the exercise, the Varyag and the Bystry will test-fire new surface-to-air missiles at a target drone.
Russian strategic bombers continue Arctic, Atlantic patrols
http://en.rian.ru/russia/20080709/113588157.html
Filed under: Ahmadinejad, airstrikes, angela merkel, BBC, Britain, Condoleezza Rice, Coup, D8, Dmitry Medvedev, Ehud Barak, european union, False Flag, France, g8, George Bush, global elite, gulf, h.con.res.362, hackers, hamas, Hezbollah, Iran, Iran war resolution, Israel, Japan, Media, Medvedev, Military, military strike, moscow, neocons, Nuke, palestine, photoshop, Preemptive Strike, preemptive war, Revolutionary Guards, Robert Gates, Russia, Saber Rattling, Sanctions, Shock and Awe, Spy, Syria, Tehran, tel aviv, Troops, uav, UN, war games, War On Terror, WW3, ww4 | Tags: eitam aeroplane, Hoot torpedo, Phil Coomes, shahab-3
Iran fires more missiles in war games
AFP
July 10, 2008
The weapons fired in the Gulf by the naval section of the Revolutionary Guards included shore-to-sea, surface-to-surface and sea-to-air missiles, state television said. No details were given on the names of the missiles.
It said the war games also included firing the Hoot (Whale) torpedo that Iran unveiled in April 2006 and which it says is a super-fast weapon capable of hitting enemy submarines.
Iran on Wednesday test-fired its Shahab-3 long-range missile, which the Islamic republic says can reach Israel and US bases in the Gulf, and eight other more medium-range missiles.
The move sparked major concern in Western governments which say they fear Iran’s nuclear drive is aimed at making atomic weapons, a charge that Tehran vehemently denies.
In a separate land exercise late on Wednesday, the military also fired “longer and medium range missiles,” state television said, showing several missiles being fired into the night sky.
Footage was also broadcast of the naval manoeuvres, showing divers fixing mines to a pier, missiles being fired from shore-based mobile launchers and the Hoot speeding towards a target.
Israel ’ready to act’ over Iran
BBC
July 10, 2008
Israel’s defence minister has warned of his country’s readiness to act against Iran if it feels threatened.
Ehud Barak, speaking in Tel Aviv, said Israel had “proved in the past that it won’t hesitate to act when its vital security interests are at stake”.
He spoke as Iran’s testing of missiles that could reach Israel stoked tensions between the two, and with the US.
But Mr Barak added that diplomatic solutions should be pursued before other options were taken up.
“Currently the focus is international sanctions and vigorous diplomatic activity, and these avenues should be exhausted,” he said.
US warning
Over the past two days, the Iranian military has tested missiles, including one that it says could reach Israel.
State media said the tests included the first night launch of the Shahab-3 missile, said to have a range of 2,000km (1,240 miles), along with shore-to-sea, surface-to-surface and sea-to-air missiles.
Secretary of State Condoleezza Rice said the US had increased its security in the region and Iran should not be “confused” about US capabilities.
Israel has responded to the missile tests by putting on display one of its aircraft that it says can spy on Iran.
The state-run Israel Aerospace Industries says it has equipped its Eitam aeroplane, unveiled a year ago, with sophisticated intelligence-gathering systems.
Mr Barak spoke of the “potential for accords, particularly with the Palestinians and the Syrians”, but stressed that the situation was very complex.
Quoted by Israeli news website Ynet, Mr Barak said: “We must work towards an accord – but if not, then we must strike our enemy when it is required.”
He also warned that Israel must consider the reactions from other nations in the region that could be provoked by action against Iran.
“The responses of our adversaries must be taken into account. Hamas and Hezbollah and the Syrians and the Iranians – there is activity all around us. And there exists a potential for confrontation.”
Meanwhile, the AFP news agency has issued a warning that a still image of the missiles being launched, one of several distributed by Iran, was “apparently digitally altered”.
The photograph, published on the Iranian Revolutionary Guards website and reproduced by media organisations – including the BBC News website – showed four missiles taking off from a desert launch-pad.
But a similar image, issued by the Associated Press, shows one of the missiles still in its launcher after apparently failing to fire.
The BBC News website’s picture editor, Phil Coomes, said: “Having examined the photograph from AFP, it can be seen that parts have been edited, with smoke trails and parts of the foreground being cloned.”
In recent weeks, both Israel and Iran have been testing and showing off their military hardware, each saying that in the event of provocation it is more than capable of defending itself.
The Israeli air force recently carried out a large-scale exercise over the Mediterranean – regarded by many observers as a dress rehearsal should the order be given to attack Iran’s nuclear facilities. Israel believes Iran is building nuclear weapons, although Tehran insists its nuclear programme is purely for civilian energy.
Western leaders have been trying to convince Iran to stop enriching uranium, which it has continued doing despite sanctions from the UN and the European Union.
Gates: Missile Test Proves Iran A Threat
AP
July 9, 2008
Defense Secretary Robert Gates says Iran’s missile test bolsters the U.S. argument that Tehran is a threat. He also says it counters Russia’s case against the need for a missile defense system in Europe.
Gates says the U.S. has said for some time that there is a real threat Iran could develop long-range missiles to use against Europe. He says Tehran’s launch of several missiles Wednesday helps make that point.
Israel’s new warplane to spy on Iran
http://www.presstv.ir/detail.aspx?id=63202§ionid=351020101
Altered Iran Missile Test Photo Makes Front Pages — Corrections Slow in Coming — Did Launch Fail?
http://www.editorandpublisher.c..u_content_id=1003826336
US plays down fears of war with Iran
http://uk.news.yahoo.com/afp/200..cs-diplomacy-us-b04fc5e.html
Hackers take advantage of WW3 senario with Iran
http://www.itnews.com.au/news/80088,spammers-announce-world-war-iii.aspx
Rice warns Iran: US will defend Israel
http://www.guardian.co.uk/technology/2008/jul/10/intellectualproperty.law
US Exports to Iran grew tenfold under Bush presidency
http://rawstory.com/news/2008/US_Exports_to_Iran_grew_tenfold_0708.html
US relocates warship after Iran warning
http://www.presstv.ir/detail.aspx?id=63029§ionid=3510203
French firm quits Iran gas deal
http://news.bbc.co.uk/2/hi/business/7498902.stm
Iran To Hit Tel Aviv U.S. Ships If Attacked
http://news.yahoo.com/s/nm..AnGf35vWzMX3dyWUWEVuJnhn.3QA
Ahmadinejad Says `There Won’t Be War,’ Pledges Peace
http://www.reuters.com/article/politicsNews/idUSN0826563920080708
Iran says would strike Israel, US navy if attacked
HR 362 and the Alarming Escalation of Hostility Towards Iran
Iranian military warns U.S., Israel against attack
U.S. holds Navy exercise in the Gulf
Iran’s Revolutionary Guards Hold War Games
Filed under: g8, George Bush, global elite, global government, Globalism, Japan, neocons, New World Order
Bush’s Greatest Wish: Freedom From Tyranny
Times Online
July 7, 2008
President Bush has posted a message on a “wishing tree” at the G8 summit in Japan and, true to the aims of his second term in office, his main desire is for a world free from tyranny.
Hung in the branches of a black bamboo in Toyako on the northern island of Hokkaido, the Tanabata message is handwritten on a simple paper hanging with an embroidered border.
Mr Bush writes: “I wish for a world free from tyranny: the tyranny of hunger, disease; and free from tyrannical governments.
“I wish for a world in which the universal desire for liberty is realized.
“I wish for the advance of new technologies that will improve the human condition and protect our environment.”
His message echoed that of his second swearing-in in January 2005, when he declared: “The survival of liberty in our land increasingly depends on the success of liberty in other lands. The best hope for peace in our world is the expansion of freedom in all the world ”
Filed under: Australia, big pharma, Britain, defense department, Department of Defense, DoD, drinking water, Europe, european union, genetically modified, GM, gm food, health and environment, Japan, medical industrial complex, nanotech, nanotechnology, tap water, United Kingdom
Nanotech: Why Something So Small Can Be So Dangerous
Alternet
June 23, 2008
“It’s green, it’s clean, it’s never seen — that’s nanotechnology!”
That exuberant motto, used by an executive at a trade group for nanotech entrepreneurs, reflects the buoyant enthusiasm for nanotechnology in some business and scientific circles.
Part of the slogan is indisputably true: nanotechnology — which involves creating and manipulating common substances at the scale of the nanometer, or one billionth of a meter — is invisible to the human eye.
But the rest of the motto is open for debate. Nanotech does hold clean and green potential, especially for supplying cheap renewable energy and safe drinking water. But nanomaterials also pose possible serious risks to the environment and human health — risks that researchers have barely begun to probe, and regulators have barely begun to regulate.
What’s more, the potential damage could take years or even decades to surface. So these tiny particles could soon become the next big thing — only to turn into the next big disaster.
Nano enthusiasts see it as the next “platform technology” — one that will, like electricity or micro-computing, change the way we do almost everything. While that prediction is still unproven, there’s no question that nanotech is booming. Universities, industry, and governments around the globe are pouring billions into creating and developing nanoproducts and applications. A range of nanotechnologies is already used in more than 600 consumer products — from electronics to toothpaste — with global sales projected to soar to $2.6 trillion by 2014.
Environmentalists, scientists, and policymakers increasingly worry that nanotech development is outrunning our understanding of how to use it safely. Consider these examples from last month alone:
- An animal study from the United Kingdom found that certain carbon nanotubes can cause the same kind of lung damage as asbestos. Carbon nanotubes are among the most widely used nanomaterials.
- A coalition of consumer groups petitioned the U.S. Environmental Protection Agency to ban the sale of products that contain germ-killing nanosilver particles, from stuffed animals to clothing, arguing that the silver could harm human health, poison aquatic life, and contribute to the rise of antibiotic resistance.
- Researchers in Singapore reported that nanosilver caused severe developmental problems in zebrafish embryos — bolstering worries about what happens when those antimicrobial products, like soap and clothing, leak silver into the waste stream.
- The U.S. Department of Defense, in an internal memo, acknowledged that nanomaterials may “present… risks that are different than those for comparable material at a larger scale.” That’s an overarching risk with nanomaterials: Their tiny size and high surface area make them more chemically reactive and cause them to behave in unpredictable ways. So a substance that’s safe at a normal size can become toxic at the nanoscale.
- Australian farmers proposed new standards that would exclude nanotechnology from organic products.
- The European Union announced that it will require full health and safety testing for carbon and graphite under its strict new chemicals law, known as REACH (for Registration, Evaluation, and Authorisation of Chemical Substances). Carbon and graphite were previously exempt, because they’re considered safe in their normal forms. But the U.K. study comparing carbon nanotubes to asbestos, along with a similar report from Japan, raised new alarms about these seemingly
Old Materials, New Risks
The EU’s move is a critical step toward recognizing nanomaterials as a potential new hazard that requires new rules and new information.
The raw materials of nanotechnology are familiar. Carbon, silver, and metals like iron and titanium are among the most common. But at the nanoscale, these well-known substances take on new and unpredictable properties. That’s what makes them so versatile and valuable. It also makes them potentially dangerous in ways that their larger-scale counterparts are not.
Filed under: APEC, asian union, Australia, CFL, China, european union, global government, Globalism, India, indonesia, Japan, John McCain, kevin rudd, New World Order
Australian Prime Minister Wants Asian Union By 2020
The Australian
June 5, 2008
KEVIN Rudd wants to spearhead the creation of an Asia-Pacific Union similar to the European Union by 2020 and has appointed veteran diplomat Richard Woolcott – one of his mentors – as a special envoy to lobby regional leaders over the body.
The Prime Minister said last night that the union, adding India to the 21-member APEC grouping, would encompass a regional free-trade agreement and provide a crucial venue for co-operation on issues such as terrorism and long-term energy and resource security.
And he outlined his plans for his visits to Japan and Indonesia next week, saying he would explore greater defence co-operation between Australia, Japan and the US – an approach that had been championed by John Howard.
Speaking in Sydney last night to the Asia Society Australasia Centre, the Mandarin-speaking Mr Rudd said global power and influence was shifting towards the Asia-Pacific region and that Australia must drive the creation of a new global architecture for the Asia-Pacific century.
“We need to have a vision for an Asia-Pacific community, a vision that embraces a regional institution, which spans the entire Asia-Pacific region – including the United States, Japan, China, India, Indonesia and the other states of the region,” said the Prime Minister.
Read Full Article Here
Filed under: bernanke, BIS, Britain, central bank, China, Credit Crisis, DEBT, ECB, Economic Collapse, economic depression, Economy, Europe, european central bank, european union, Federal Reserve, food crisis, food market, food prices, food shortage, gold, Great Depression, Greenback, housing market, imf, Inflation, Japan, morgan stanley, real estate, Stock Market, United Kingdom, US Economy | Tags: corn, OTC, royal bank of scotland
RBS issues global stock and credit crash alert
London Telegraph
June 18, 2008
The Royal Bank of Scotland has advised clients to brace for a full-fledged crash in global stock and credit markets over the next three months as inflation paralyses the major central banks.
“A very nasty period is soon to be upon us – be prepared,” said Bob Janjuah, the bank’s credit strategist.
A report by the bank’s research team warns that the S&P 500 index of Wall Street equities is likely to fall by more than 300 points to around 1050 by September as “all the chickens come home to roost” from the excesses of the global boom, with contagion spreading across Europe and emerging markets.
BIS Warns Of Great Depression
Banking Times
June 11, 2008
The Bank for International Settlements (BIS), the organisation that fosters cooperation between central banks, has warned that the credit crisis could lead world economies into a crash on a scale not seen since the 1930s.
In its latest quarterly report, the body points out that the Great Depression of the 1930s was not foreseen and that commentators on the financial turmoil, instigated by the US sub-prime mortgage crisis, may not have grasped the level of exposure that lies at its heart.
According to the BIS, complex credit instruments, a strong appetite for risk, rising levels of household debt and long-term imbalances in the world currency system, all form part of the loose monetarist policy that could result in another Great Depression.
The report points out that between March and May of this year, interbank lending continued to show signs of extreme stress and that this could be set to continue well into the future.
It also raises concerns about the Chinese economy and questions whether China may be repeating mistakes made by Japan, with its so called bubble economy of the late 1980s.
Notional Value Of Derivatives Hits One Quadrillion
Jim Sinclair
JS Mineset
June 11, 2008
The notional value of all outstanding derivatives now totals approximately $1.144 QUADRILLION.
This appears to be Bank of International Settlement Spin to announce the largest gain in derivatives outstanding since they started to report. As of the last report it appeared that both listed and OTC derivatives was under $600 trillion. Now listed credit derivatives alone stood at $548 Trillion. The OTC derivatives are shown as $596 trillion notional value, as of December 2007. One can only imagine what number they are at now.
Well we hit a QUADRILLION. We have more than $1000 trillion dollars in all derivatives outstanding. That is simply NUTS because notional value becomes real value when either counterparty to the OTC derivative goes bankrupt. $548 trillion plus $596 trillion means $1.144 quadrillion.
It would be an interesting piece of research to see what the breakdown is of listed derivatives according to exchange to see if it adds up to the reported number. Spin is now everywhere.
This means that no OTC derivative house can be allowed to go broke. This means that whatever funds are required to rescue failing international investment banks, banks and financial entities will be provided.
Keep this economic law in mind. Monetary inflation proceeds price inflation and is its primary cause in economic history from Rome to present.
Nothing can stop the juggernaut of price inflation heading towards every nation like a runaway freight train down a mountain.
Gold is going to at least $1650. I am probably way too low with that estimate.
The US dollar will trade down to at least .5200 as measured by the USDX.
Policy-makers around the globe declared soaring inflation a top threat on Monday, with pressure rising for central banks to raise interest rates amid protests against higher costs of living.
Gold is the easiest market to trade for the aggressive investor. Sell 1/3 when the market looks like a Rhino Horn which you will see with your French Curves at the point of the rollover.
Buy 1/3 back when the price of gold looks like a fishing line hanging off a fishing rod. Your maximum power down trend line will give you this.
Related News:
http://news.yahoo.com/s/nm/20080616/b..3n0dX.bIygjaM4as0NUE
Morgan Stanley warns of ’catastrophic event’ as ECB fights Federal Reserve
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/06/16/bcnecb116.xml
Washington Post says Bernanke will not raise rates
http://www.reuters.com/article/ousiv/idUSN1647075820080616
Bank Robberies Up Around USA
http://www.usatoday.com/news/nation..ankrobberies_N.htm?csp=1
IMF Economist Calls For World Currency
http://www.atimes.com/atimes/Global_Economy/JF06Dj04.html
Corn Jumps To Record
http://biz.yahoo.com/ap/080612/commodities_review.html?.v=3&printer=1
Inflation jumps by biggest amount in 6 months
http://news.yahoo.com/s/ap/2..CNtc5x1gy4CWdv24cA
US trade deficit jumps to 60.9 billion dollars
http://rawstory.com/news/afp/US_trad.._06102008.html
Zimbabwe faces worst harvest on record
Global food supply is a growing problem
NY Fed Chief Urges Global Bank Framework
Food Scarcity ’Creating New World Order’
AFGHANISTAN: Over 3.5 million at” high risk” of food insecurity – ministry
Water Crisis To Be World’s Big Risk
U.S. Banks Hiding $5 Trillion
Filed under: gas prices, Global Warming, Japan, Oil, Petrol, riot, Science and technology
Water-fuel car unveiled in Japan
Filed under: 1984, 4th amendment, ACLU, Airport Security, Australia, Big Brother, Britain, DHS, Europe, european union, Homeland Security, Japan, LA, las vegas, Miami, michael chertoff, New York, new zealand, Oppression, Police State, south korea, Surveillance, Texas, TSA, United Kingdom, US Constitution, War On Terror, washington | Tags: metal detectors
Britons visiting America will now have to register 72 hours in advance
UK Daily Mail
June 3, 2008
British visitors to the United States will have to register their trip with the American government 72 hours before they leave, it will be announced today.
The new plans – the latest in a series of measures designed to strengthen security – will see all travellers from countries which do not currently require a visa forced to register online three days before flying.
The scheme is expected to be announced today by Homeland Security secretary Michael Chertoff, to take effect from January
It will apply to citizens of the 27 visa waiver programme countries which include most of western Europe, Australia, Brunei, Japan, New Zealand and Singapore.
The US has also signed agreements with eight other countries including the Czech Republic, Hungary and South Korea which will put them on track to join the visa waiver programme.
Last year many European countries expressed concern about the idea of registering before travel.
The initial proposal was that passengers should register 48 hours in advance and many large European companies, including several in the UK, claimed the move would prevent deal-clinching, last-minute flights for business.
Now US officials say they want people to register even further in advance- but with the concession that once a traveller has registered under the new rules for the first time, it will be valid for multiple entries over two years.
Read Full Article Here
10 airports install body scanners
Devices can peer under passengers’ clothes
Thomas Frank
USA Today
June 6, 2008
Body-scanning machines that show images of people underneath their clothing are being installed in 10 of the nation’s busiest airports in one of the biggest public uses of security devices that reveal intimate body parts.
The Transportation Security Administration (TSA) recently started using body scans on randomly chosen passengers in Los Angeles, Baltimore, Denver, Albuquerque and at New York’s Kennedy airport.
Airports in Dallas, Detroit, Las Vegas and Miami will be added this month. Reagan National Airport in Washington starts using a body scanner today. A total of 38 machines will be in use within weeks.
“It’s the wave of the future,” said James Schear, the TSA security director at Baltimore/Washington International Thurgood Marshall Airport, where two body scanners are in use at one checkpoint.
Schear said the scanners could eventually replace metal detectors at the nation’s 2,000 airport checkpoints and the pat-downs done on passengers who need extra screening. “We’re just scratching the surface of what we can do with whole-body imaging,” Schear said.
The TSA effort could encourage scanners’ use in rail stations, arenas and office buildings, the American Civil Liberties Union said. “This may well set a precedent that others will follow,” said Barry Steinhardt, head of the ACLU technology project.
Scanners are used in a few courthouses, jails and U.S. embassies, as well as overseas border crossings, military checkpoints and some foreign airports such as Amsterdam’s Schiphol.
The scanners bounce harmless “millimeter waves” off passengers who are selected to stand inside a portal with arms raised after clearing the metal detector. A TSA screener in a nearby room views the black-and-white image and looks for objects on a screen that are shaded differently from the body. Finding a suspicious object, a screener radios a colleague at the checkpoint to search the passenger.
The TSA says it protects privacy by blurring passengers’ faces and deleting images right after viewing. Yet the images are detailed, clearly showing a person’s gender. “You can actually see the sweat on someone’s back,” Schear said.
The scanners aim to strengthen airport security by spotting plastic and ceramic weapons and explosives that evade metal detectors and are the biggest threat to aviation. Government audits have found that screeners miss a large number of weapons, bombs and bomb parts such as wires and timers that agents sneak through checkpoints.
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http://news.yahoo.com/s/ap_travel/20080602/ap_tr_ge/..r8R1rC3fcdAXucwAaAR.UU80F
Filed under: 9/11, Afghanistan, Air Force, Australia, Britain, condolezza rice, Dana Perino, Europe, Fox News, George Bush, Germany, Iraq, iraqi deaths, Japan, kevin rudd, nation building, neocons, occupation, Pentagon, Propaganda, Saber Rattling, Troops, Uncategorized, United Kingdom, War Crimes, War On Terror, WMD, WW2 | Tags: vincent bugliosi
Australian troops pull out of Iraq
Reuters
June 1, 2008
About 500 Australian combat troops pulled out of their base in southern Iraq on Sunday, fulfilling an election promise by Australian Prime Minister Kevin Rudd to bring the soldiers home this year.
A British military spokesman in the southern city of Basra said the pullout from Talil base in Nassiriya was under way, but a spokesman for the governor of Dhi Qar province said it had been completed, with U.S. forces replacing the Australians.
“The Australian battle group is pulling out,” the British military spokesman said.
Australia, a staunch U.S. ally, was one of the first countries to commit troops to the Iraq war. In addition to the combat troops, it also deployed aircraft and warships to the Gulf to protect Iraq’s offshore oil platforms.
Since handing over security of Dhi Qar province to the Iraqis, the main role of the Australian battle group, numbering about 515 soldiers, has been to train and support Iraqi forces.
Rudd, who won elections last November, had promised to bring home frontline troops this year. Polls show 80 percent of Australians oppose the war.
Bush links Iraq, Afghan wars to WWII
Press TV
May 28, 2008
US President George W. Bush has linked the Iraq and Afghanistan wars to World War II asking the country for postwar rebuilding.
In a prepared address for Wednesday to more than 1,000 graduates of the US Air Force Academy, released by the White House, Bush framed the graduates’ future to the World War II generation and the Iraq and Afghanistan wars to postwar Germany and Japan six decades ago.
Bush said, “After World War II, we helped Germany and Japan build free societies and strong economies. These efforts took time and patience, and as a result Germany and Japan grew in freedom and prosperity and are now allies of the United States.”
He added, “Today we must do the same in Afghanistan and Iraq and by helping these young democracies grow in freedom and prosperity we will once again reap the benefits in generations of security and peace.”
Meanwhile, the country is still in debate over whether the Iraq war has bolstered the US security or weakened it.
Prosecute Bush for Murder
http://thinkprogress.org/2008/05/30/mcclellan-testify/
McCain Reacts To McClellan: ’Every Intelligence Agency In The World And Every Assessment’ Said Iraq Had WMD
http://thinkprogress.org/2008/05/29/mccain-mcclellan/
Fox and Friends’ warns McClellan: ‘better not have any skeletons in his closet.’
http://thinkprogress.org/2008/05/29/fox-a..ot-have-any-skeletons-in-his-closet/
Rice says Iraq war was right thing to do
http://www.rawstory.com/news/.._war_was_right_thing__05292008.html
’US bribing Iraqi MPs to sign deal’
http://www.presstv.ir/detail.aspx?id=57841§ionid=351020201
Pentagon Warns Funding For Iraq Is Drying Up
http://news.yahoo.com/s/nm/20080528..AusC5BEgKl9tyjExV2FjjIkb.3QA
Study documents nearly 1,000 lies from Iraq war propaganda campaign
http://www.wsws.org/articles/2008/jan2008/lies-j26.shtml
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