Feb 08


YouTube Added: 06.02.2012

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The United States has escalated tensions with Iran once again, this after President Obama called for a freeze of all Iranian assets held in the US. The executive order signed on Monday was in reaction to what the US is calling “deceptive practices” by Iran. Israel has also joined in by stepping up threats against Iran, and US Secretary Defense Leon Panetta has acknowledged Israel may attack Iran in the next 90 days. Vijay Prashad, director of International Studies at Trinity College, takes a deeper look on the escalated possibility of war.

Flashback:

- George Galloway: The Case Against War With Iran (Must-Listen!!!)

‘Iran Hasn’t Invaded Another Country In More Than 300 Years.’

More on Iran:

- Commander-In-Thief Obama Signs Executive Order Freezing Iran Assets In US (Video)

- Former Member Of The Russian Joint Chiefs Of Staff: Russia Is Ready to Defend Iran and Syria

DEBKAfile Reports: Massive US Military Buildup Around Iran; Up to 100,000 Troops Ready By March – ‘US Foresees May As Tentative Date For Clash With Iran. Floating SEALs Base For Gulf’

- Iran, Gold and Oil – The Next Banksters War
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Feb 08

The war has already begun:

- President Obama Signs ‘Toughest Yet’ (= Warlike) Iran Sanctions (Which Are Part Of The NDAA) Into Law:

Effectively, the measures will force companies and financial institutions throughout the world to choose between the United States and Iran as their business partner.

- Ron Paul: Sanctions Against Iran Are an ‘Act of War’:

Ron Paul told voters in Iowa that western sanctions against Iran are “acts of war” that are likely to lead to an actual war.

Paul said that Iran would be justified in responding to sanctions by blocking the Straits of Hormuz, adding that the country blocking the strategically important strait is “so logical” since they have no other recourse.

He then compared the situation to China blocking off the Gulf of Mexico to trade.

WW 3, anybody???

- Former Member Of The Russian Joint Chiefs Of Staff: Russia Is Ready to Defend Iran and Syria

- China To Protect Iran Even If It Means World War III

AND NOW …


- Obama signs executive order freezing Iran assets in US (Ynet News/AFP, Feb. 6, 2012):

Washington tightens financial vise imposed on Islamic Republic over nuclear program. New order effectively blacklists all Iranian financial institutions under US jurisdiction

US President Barack Obama ordered on Monday new sanctions against Iran, including its central bank, seeking to tighten the chokehold on Tehran’s economy as a nuclear showdown deepens.

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Feb 07

- Congress Passes Bill That Opens US Skies To Unmanned Drones (Business Insider/AP, Feb. 6, 2012)

WASHINGTON (AP) — A bill to speed the nation’s switch from radar to an air traffic control system based on GPS technology, and to open U.S. skies to unmanned drone flights within four years, received final congressional approval Monday.

The bill passed the Senate 75-20, despite labor opposition to a deal cut between the Democratic-controlled Senate and the Republican-controlled House on rules governing union organizing elections at airlines and railroads. The House had passed the bill last week, and it now goes to President Barack Obama for his signature.

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Feb 07

And if you are opposed to the fascist NDAA (‘Indefinite detention’ for American citiens) signed into law on New Year’s eve by President Obama, then you are an anti-government extremist:

- R.I.P. Bill of Rights 1789 – 2011: The Most Traitorous U.S. President In History Quietly Signed The NDAA Into Law On New Year’s Eve

- Top Constitutional Expert: ‘President Obama Says That He Can Kill You On His Own Discretion’: Without Charge Or Trial (Video):

But nationally-recognized constitutional law expert Jonathan Turley (the second most cited law professor in the country, one of the top 10 lawyers handling military cases, who has served as a consultant on homeland security and constitutional issues and is a frequent witness before the House and Senate on constitutional and statutory issues, who ranked 38th in the top 100 most cited ‘public intellectuals’ in a recent study by a well-known judge) said yesterday on C-Span (starting at 15:50):

It’s even worse than coming into your house. President Obama has just stated a policy that he can have any American citizen killed without any charge, without any review, except his own. If he’s satisfied that you are a terrorist, he says that he can kill you anywhere in the world including in the United States.

Two of his aides just were just at a panel two weeks ago and they reaffirmed they believe that American citizens can be killed on the order of the President anywhere including the United States.

You’ve now got a president who says that he can kill you on his own discretion. He can jail you indefinitely on his own discretion

Flashback:

- US DEPARTMENT OF HOMELAND SECURITY HAS TOLD BANKS – IN WRITING – IT MAY INSPECT SAFE DEPOSIT BOXES WITHOUT WARRANT AND SEIZE ANY GOLD, SILVER, GUNS OR OTHER VALUABLES IT FINDS INSIDE THOSE BOXES!:

According to in-house memos now circulating, the DHS has issued orders to banks across America which announce to them that “under the Patriot Act” the DHS has the absolute right to seize, without any warrant whatsoever, any and all customer bank accounts, to make “periodic and unannounced” visits to any bank to open and inspect the contents of “selected safe deposit boxes.”

Further, the DHS “shall, at the discretion of the agent supervising the search, remove, photograph or seize as evidence” any of the following items “bar gold, gold coins, firearms of any kind unless manufactured prior to 1878, documents such as passports or foreign bank account records, pornography or any material that, in the opinion of the agent, shall be deemed of to be of a contraband nature.”

- Chuck Baldwin: It Is Getting Very Serious Now:

As readers may recall, the MIAC report profiled certain people as being potential violence-prone “militia members”: including people who supported Presidential candidates Ron Paul, Bob Barr, and myself. In addition, anyone who opposed one or more of the following were also included in the list: the New World Order, the U.N., gun control, the violation of Posse Comitatus, the Federal Reserve, the Income Tax, the Ammunition Accountability Act, a possible Constitutional Convention, the North American Union, the Universal Service Program, Radio Frequency Identification (RFID), abortion on demand, or illegal immigration.


- FBI warns of threat from anti-government extremists (Reuters):

Anti-government extremists opposed to taxes and regulations pose a growing threat to local law enforcement officers in the United States, the FBI warned on Monday.

These extremists, sometimes known as “sovereign citizens,” believe they can live outside any type of government authority, FBI agents said at a news conference.

The extremists may refuse to pay taxes, defy government environmental regulations and believe the United States went bankrupt by going off the gold standard.

It is the government that believes that it can live outide the confines of the constitution, trampling on our constitutional rights and turning America into a fascist military police state:
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Feb 07

- A “Quality Assessment” Of US Jobs Reveals The Ugliest Picture Yet (ZeroHedge, Feb. 7, 2012):

Over the past week we have repeatedly exposed the BLS’ shennanigans to both keep the headline unemployment rate suppressed and to generate an upward bias in the market courtesy of a “bigger than expected beat” of expectations. Granted, various semantics experts continue to scratch their heads in attempting to explain a collapsing labor force when even Goldman’s Sven Jari Stehn just predicted that it will drop to 63.1% by the end of 2012 (and 62.5% by the end of 2015). Funny then that the US will have no unemployment left when the participation rate drops to 58.5%. And no, the “population soared argument based on revised data” doesn’t quite cut it when the bulk of said surge not only did not get a job, but was not even counted toward the labor force. Yet what the biggest flaw with all these arguments that vainly (and veinly) attempt to defend the US economy as if it is growing, is that they focus exclusively on the quantity of jobs, doctored or not, and completely ignore the quality. We have decided to step in and fill this void.

By now, most of our readers know that every incremental dollar of public debt leads to less than one dollar of GDP growth, courtesy of the debt/GDP ratio having surpassed 100% a month ago. Yet what most don’t know is that the marginal utility of public debt is not the only thing that may have peaked: as of January 31, 2012, the date of the most recent BLS jobs report, it appears that the “marginal utility” of job formation (if such a concept existed) also turned negative. And since it doesn’t exist, yet, allows us to explain.

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Feb 06

FLASHBACK:

- President Obama nominated for Nobel Peace Prize less then two weeks after Inauguration!!!


- Is Obama’s Peace Prize About To Be Confiscated? Nobel Peace Prize Jury Under Investigation (ZeroHedge, Feb. 5, 2012):

The announcement of Obama’s recognition by the Nobel Peace Prize committee in 2009 seemed, to many, more like an ‘Onion-worthy’ headline than reality but now, as The Associated Press reports, it seems the officials face a formal inquiry over the selection criteria that could rescind the last three years’ awards. The accusations at the root of the inquiry stem from persistent complaints by a Norwegian peace researcher that cites the original purpose of the prize was to diminish the role of military power in international relations, and if the Stockholm County Administrative Board, the overseer of such foundations, finds that the founder Alfred Noble’s will is not being honored then (while unlikely) Obama (2009), Liu Xiaobo (2010), and last year’s Liberians could face their awards suspended as ‘champions of peace’. Fredrik Heffermehl, the inquiry’s instigator, rhetorically asks when addressing the 2009 committee choice of Obama for “extraordinary efforts” to boost international diplomacy: “Do you see Obama as a promoter of abolishing the military as a tool of international affairs?” as he notes the 1895 will of Nobel to “work for fraternity between nations, for the abolition or reduction of standing armies and for the holding and promotion of peace congresses.”

AP: Nobel Peace Prize Under Investigation

STOCKHOLM, Sweden (AP) — Nobel Peace Prize officials were facing a formal inquiry over accusations they have drifted away from the prize’s original selection criteria by choosing such winners as President Barack Obama, as the nomination deadline for the 2012 awards closed Wednesday. The investigation comes after persistent complaints by a Norwegian peace researcher that the original purpose of the prize was to diminish the role of military power in international relations.

If the Stockholm County Administrative Board, which supervises foundations in Sweden’s capital, finds that prize founder Alfred Nobel’s will is not being honored, it has the authority to suspend award decisions going back three years — though that would be unlikely and unprecedented, said Mikael Wiman, a legal expert working for the county.

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Feb 02

You can’t make this stuff up!


- “Supercommittee That Runs America” Urges End To The “Zero Bound”, Demands Issuance Of Negative Yield Bonds (ZeroHedge, Feb. 1, 2012):

One of the laments of the uberdoves in the world over the past several years has naturally been the fact that interest rates are bound by Zero on the lower side, and that the lowest possible rate on new paper is, by definition, 0.000%. Which is what led to the advent of QE in the first place: in lieu of negative rates, the Fed was forced to actively purchase securities to catch up to a negative Taylor implied rate. This may be about to change, because as the just released letter from the Treasury Borrowing Advisory Committee, or as we affectionately called the JPMorgan/ Goldman Sachs Chaired committee, the “Supercommittee That Runs America”, simply because it alone makes up Tim Geithner’s mind on what America needs to do funding wise, demand, “It was broadly agreed that flooring interest rates at zero, or capping issuance proceeds at par, was prohibiting proper market function. The Committee unanimously recommended that the Treasury Department allow for negative yield auction results as soon as logistically practical.” And what JP Morgan and Goldman Sachs want, JP Morgan and Goldman Sachs get. And once we get the green light on negative yields at auction, next up will be the push for the Fed to impose negative rates on all standing securities, which means that coming soon savers will be literally paying to hold cash. And that will be the final straw.

Not only that, but beginning in just 4 short months, the Treasury may launch a brand new product: a Floating Rate Bond. From the TBAC: Continue reading »

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Feb 02

- As A Reminder, The President’s Mortgage Plan Is “Dead On Arrival” (ZeroHedge, Feb. 1, 2012):

Obama’s latest attempt to stimulate the housing sector and inflate home prices “before waiting for them to hit bottom” (which they never will as long as central planning tries to define what clearing prices are) is a noble reincarnation of now an annual, and completely ineffectual, theatrical gambit. There is, unfortunately, one major snag. It is Dead on Arrival (just like every single iteration of the Greek bailout), for the simple reason that it has to get congressional approval. Which it won’t. And that’s not just the view of biased political pundits. Wall Street agrees.

Courtesy of the WSJ, which summarizes the prevailing views on this topic:

Edward Mills, analyst, FBR Capital Markets: “We believe that this program would be dead on arrival in Congress, as congressional Republicans are opposed to additional intervention in the mortgage market and are philosophically opposed to a bank tax. This should be confirmation that the administration realizes that a mass-refinance program can only be achieved by legislation and not by regulatory fiat.” Continue reading »

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Jan 31

- Destination Persian Gulf? US nuclear sub and destroyer enter Red Sea (RT, JAn. 31, 2012):

Two ships of the US Navy, the nuclear submarine USS Annapolis and the destroyer USS Momsen have passed through the Suez Canal into the Red Sea. Although their destination is confidential, they are now getting dangerously close to the Persian Gulf.

­The ships’ passage was a major operation for the Suez administration as due to safety reasons they had to close off the canal to all other traffic and even shut down the bridge, disrupting the link between the banks for some four hours. The traffic on the roadways alongside the canal was also restricted, Interfax news agency reports.

There are no reports regarding the destination of the vessels, but the news come amid the ongoing crisis in the relationship between the US and Iran. There is mounting speculation that the Annapolis and the Momsen are heading to the Persian Gulf to reinforce the US naval forces already present in the region.

Currently the US has two aircraft carrier groups in the region headed by USS Abraham Lincoln and USS Carl Vinson. It is expected that another aircraft carrier, USS Enterprise, will join the strike force in March.

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Jan 30

- ACTA is worse than SOPA, here’s what you need to know (Natural News, Jan. 29, 2012):

As a warrior for Internet freedom, you helped defeat the Stop Online Piracy Act, or SOPA by supporting Web black outs by sites like Wikipedia and by contacting your lawmaker to voice your displeasure. So loud was your voice that even the president of the United States sided with you in opposing it.

But don’t take a deep sigh of relief because, after all, we’re talking about a merger of Washington, D.C., and Hollywood here, as well as global interests. After the motion picture industry, its subsidiaries and all “interested parties” have spent nearly $150 million lobbying for some sort of Internet-centric “anti-piracy” bill, you should have known the powers that be would return.

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