Jul 04

Investors are fleeing from the U.S. stock market, Sending the Dow to Worst June Since Depression, looking for places to secure their wealth.

There is an unprecedented cash flow of ‘hot money’, which is usually defined as short-term global speculative funds moving among financial markets in search of the highest short-term return, moving into China:
Is China flooded with ‘hot money’ because of an expected meltdown in the U.S.?

Let’s further examine the prospects that we would experience a total crash of the entire financial system:

- Fortis Bank Predicts US Financial Market Meltdown Within Weeks

We have seen the Dow suffering it’s worst 1st half since ‘70 accompanied by a lot of bad news for the economy like:
- US: Big Trouble for General Motors, Crysler and Ford
- America’s Aviation System About To Collapse
- Starbucks to cut as many as 12,000 positions
And now the corporations are cheating you at the supermarkets: America’s Shrinking Groceries

The Dollar is being destroyed by the Federal Reserve, which has created in the last three years 4 Trillion Dollars of new money out of thin air: Ron Paul on Iran and Energy June 26, 2008

Ron Paul is further warning that: This coming crisis is bigger than the world has ever experienced
and that: We are at the beginning of a huge Dollar bubble.

The US Federal Reserve intentionally created inflation and that is why its credibility has fallen “below zero” and that is why Barclays warns of a financial storm as Federal Reserve’s credibility crumbles.

More dire warnings:
- RBS issues global stock and credit crash alert
- Morgan Stanley warns of ‘catastrophic event’ as ECB fights Federal Reserve
- Central bank body warns of Great Depression
- Credit crisis expands, hitting all kinds of consumer loans
- How Low Can The Dollar Go? Zero Value

Investors like Jim Rogers are telling us to “Avoid The Dollar At All Costs” and have told us that the Federal Reserve will fail and that Bernanke should be fired (alhough that isn’t possible because of his contract), because he has created the worst recession in the end and thats why he said: “Abolish the FED” on CNBC 2008.03.12.

The Fed is only doing good for the big corporations on Wall Street. If you would continuously come close to bankruptcy, because you have irresponsibly wasted your money, who will continuously give you billions of Dollars and bail you out, because you might fail? So I agree totally with Marc Faber: ‘Misleading’ Fed Should Let Banks Fail.

Well those corporations are said to be to “Big to Fail”, but they eventually will fail, because the entire system will fail and the Dollar is being destroyed in the process and so the people will end up with nothing, because their life savings are worthless paper. You are already paying the price for this policy, but maybe you haven’t looked at it that way:
The Price Of Food: 2007 - 2008
What inflation really is, is a taxation on monetary assets. And guess who is paying for all of that?

I just love this video. A must see:
The Stock Market and the Monetary System are on the verge of collapse!

Continue reading »

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Jul 03

Of course John McCain wants more military, it’s the only thing he knows about. - The Infinite Unknown

WASHINGTON (Reuters) - Republican presidential candidate John McCain wants the U.S. military to be much larger than current expansion plans envision, an adviser to the Arizona senator said this week.

The Bush administration has begun expanding the U.S. Army and Marine Corps to create a combined strength of around 750,000 active duty troops — a process backed by McCain’s Democratic rival, Sen. Barack Obama of Illinois.

But McCain believes an Army and Marine Corps with a combined strength of up to 900,000 troops is necessary, said Randy Scheunemann, an adviser to the candidate on foreign policy and national security.

“Sen. McCain feels the proposed increases are not sufficient. They need to be more, to fully address the challenges we face in the 21st century,” Scheunemann told Reuters in a telephone interview.

The U.S. Army and Marines have been severely strained by the wars in Iraq and Afghanistan. Many troops have served multiple tours in the war zones and currently spend only 12 months at home before they deploy again for another year.

As a member of the U.S. Senate’s armed services committee, McCain has built a reputation for scrutinizing the costs of big weapons programs and he has pledged to pursue that approach in the White House if he wins November’s election.

Continue reading »

Tags: , , , , , , , , , ,

Jul 02

WASHINGTON - The Pentagon is considering a plan to ship deadly chemical weapons to military sites in four states to accelerate the destruction of the munitions, a new report to Congress says.

The idea of transporting such lethal agents along routes such as from Colorado to Oregon is prompting opposition from Congress and watchdog groups.

They say the plan exposes the American public to unnecessary risks as the U.S. government is concerned about terrorist attacks.

To honor a 1997 treaty banning chemical weapons, Congress has ordered the military to destroy all its munitions by the end of 2017.

In an unpublicized report delivered to lawmakers last week, the Pentagon said it probably could not meet that deadline unless it ships nerve agents and mustard gas to additional sites for destruction.

Even adding more people and working around the clock at the two sites with complicated dismantling requirements in Kentucky and Colorado may not help the military meet the 2017 deadline, the report said.

Work would be speeded up if some weapons at Kentucky’s Blue Grass Army Depot are moved to sites in Alabama and Arkansas, the report said, while some at the Pueblo, Colo., site are sent to Utah and Oregon.

Congress would have to change laws that forbid moving the weapons, the report said.

That prospect is uncertain. While chemical weapons have been destroyed safely at the Anniston Army Depot in Alabama, it is too risky to ship more there, Sen. Richard Shelby, R-Ala., said in a statement.

It’s shocking and irresponsible for the Department of Defense to even propose to ship large volumes of weapons of mass destruction across the highways of the United States considering the risks and atmosphere of terrorist threats,” said Craig Williams, director of the Chemical Weapons Working Group, a Kentucky citizens organization.

Continue reading »

Tags: , , , , , , ,

Jul 01

Shining Light on the “Black World”

In January of 2002, the Washington Post ran a story detailing a CIA plan put forward to President Bush shortly after 9/11 by CIA Director George Tenet titled, “Worldwide Attack Matrix,” which was “outlining a clandestine anti-terror campaign in 80 countries around the world. What he was ready to propose represented a striking and risky departure for U.S. policy and would give the CIA the broadest and most lethal authority in its history.” The plan entailed CIA and Special Forces “covert operations across the globe,” and at “the heart of the proposal was a recommendation that the president give the CIA what Tenet labeled “exceptional authorities” to attack and destroy al Qaeda in Afghanistan and the rest of the world.” Tenet cited the need for such authority “to allow the agency to operate without restraint — and he wanted encouragement from the president to take risks.” Among the many authorities recommended was the use of “deadly force.”

Further, “Another proposal was that the CIA increase liaison work with key foreign intelligence services,” as “Using such intelligence services as surrogates could triple or quadruple the CIA’s effectiveness.” The Worldwide Attack Matrix “described covert operations in 80 countries that were either underway or that he was now recommending. The actions ranged from routine propaganda to lethal covert action in preparation for military attacks,” as well as “In some countries, CIA teams would break into facilities to obtain information.”[1]

P2OG: “Commit terror, to incite terror… in order to react to terror”

In 2002, the Pentagon’s Defense Science Board (DSB) conducted a “Summer Study on Special Operations and Joint Forces in Support of Countering Terrorism,” portions of which were leaked to the Federation of American Scientists. According to the document, the “War on Terror” constitutes a “committed, resourceful and globally dispersed adversary with strategic reach,” which will require the US to engage in a “long, at times violent, and borderless war.”As the Asia Times described it, this document lays out a blueprint for the US to “fight fire with fire.” Many of the “proposals appear to push the military into territory that traditionally has been the domain of the CIA, raising questions about whether such missions would be subject to the same legal restraints imposed on CIA activities.” According to the Chairman of the DSB, “The CIA executes the plans but they use Department of Defense assets.”

Specifically, the plan “recommends the creation of a super-Intelligence Support Activity, an organization it dubs the Proactive, Preemptive Operations Group (P2OG), to bring together CIA and military covert action, information warfare, intelligence and cover and deception. For example, the Pentagon and CIA would work together to increase human intelligence (HUMINT) forward/operational presence and to deploy new clandestine technical capabilities.” The purpose of P2OG would be in “‘stimulating reactions’ among terrorists and states possessing weapons of mass destruction, meaning it would prod terrorist cells into action, thus exposing them to ‘quick-response’ attacks by US forces.”[2] In other words, commit terror to incite terror, in order to react to terror.

The Los Angeles Times reported in 2002 that, “The Defense Department is building up an elite secret army with resources stretching across the full spectrum of covert capabilities. New organizations are being created. The missions of existing units are being revised,” and quoted then-Defense Secretary Donald Rumsfeld as saying, “Prevention and preemption are … the only defense against terrorism.”[3] Chris Floyd bluntly described P2OG in CounterPunch, saying, “the United States government is planning to use “cover and deception” and secret military operations to provoke murderous terrorist attacks on innocent people. Let’s say it again: Donald Rumsfeld, Dick Cheney, George W. Bush and the other members of the unelected regime in Washington plan to deliberately foment the murder of innocent people–your family, your friends, your lovers, you–in order to further their geopolitical ambitions.”[4]

“The Troubles” with Iraq

Continue reading »

Tags: , , , , , , , , , , , , , , , , , , ,

Jul 01

July 1 (Bloomberg) — Israel is increasingly likely to attack Iranian nuclear facilities this year, a U.S. Defense Department official told ABC News.

Iran’s government dismissed as propaganda the ABC report on the unidentified Pentagon official’s comments. Israeli government officials declined to comment on the report.

In the U.S., Pentagon spokesmen Bryan Whitman declined to address the report. “I don’t comment for Israel,” he said. State Department spokesman Tom Casey said he had “no information that would substantiate” the ABC report and criticized the official for not speaking publicly.

An Israeli strike might be triggered by the production of enough enriched uranium at Iran’s Natanz nuclear plant to make a bomb, ABC cited the official as saying. A second possible trigger would be the delivery of a Russian SA-20 air-defense system, the installation of which would make an Israeli attack more difficult, the U.S. official told ABC.

Oil rose on concern any conflict would cut supplies from OPEC’s second-largest producer. Crude oil for August delivery increased as much as $2.95, or 2.1 percent, to $142.95 a barrel in electronic trading on the New York Mercantile Exchange.

Former Israeli Air Force General Isaac Ben-Israel, now a lawmaker in Israel’s ruling Kadima party, told Germany’s Spiegel that his nation is “prepared” for an attack if diplomacy and United Nations sanctions fail to stop Iran from making a nuclear weapon. Ben-Israel helped plan Israel’s 1981 strike on an Iraqi nuclear reactor, the magazine said.

Before Bush Leaves

A strike on Natanz would only temporarily damage Iran’s nuclear program and could spark a wave of attacks on U.S. interests, ABC said in yesterday’s report, citing unidentified Pentagon officials. The U.S. and many of its allies have accused Iran of trying to develop nuclear weapons. Iran insists its production of enriched uranium is intended to produce electricity and is legal under the nuclear Non-Proliferation Treaty.

Ron Paul also says what Iran does is “perfectly legal”!

This is a very important Video!

Ron Paul on Iran and Energy June 26, 2008


Source: You Tube

The Israeli government may want an attack to take place before President George W. Bush leaves office, Ephraim Kam, deputy director of the Institute for National Security Studies in Tel Aviv, said today in a telephone interview.

“There is no doubt that such an operation is being considered, but it’s not going to happen tomorrow,” Kam said. “We still have some time. The Bush administration may be more sympathetic to an Israeli operation against Iran than whoever the next president may be, so it could happen before the end of the year.”

Israeli Maneuvers

More than 100 Israeli F-16 and F-15 fighter planes took part in maneuvers over the eastern Mediterranean and Greece during the first week of June, the New York Times reported on June 20. Admiral Mike Mullen, chairman of the U.S. Joint Chiefs of Staff, was in Israel last weekend for meetings with Israeli military leaders, ABC said.

Continue reading »

Tags: , , , , , , , , , , , , , , , , , , ,

Jun 30

The Defense Department, the nation’s biggest polluter, is resisting orders from the Environmental Protection Agency to clean up Fort Meade and two other military bases where the EPA says dumped chemicals pose “imminent and substantial” dangers to public health and the environment.

The Pentagon has also declined to sign agreements required by law that cover 12 other military sites on the Superfund list of the most polluted places in the country. The contracts would spell out a remediation plan, set schedules, and allow the EPA to oversee the work and assess penalties if milestones are missed.

The actions are part of a standoff between the Pentagon and environmental regulators that has been building during the Bush administration, leaving the EPA in a legal limbo as it addresses growing concerns about contaminants on military bases that are seeping into drinking water aquifers and soil.

Under executive branch policy, the EPA will not sue the Pentagon, as it would a private polluter. Although the law gives final say to EPA Administrator Stephen L. Johnson in cleanup disputes with other federal agencies, the Pentagon refuses to recognize that provision. Military officials wrote to the Justice Department last month to challenge EPA’s authority to issue the orders and asked the Office of Management and Budget to intervene.

Experts in environmental law said the Pentagon’s stand is unprecedented.

“This is stunning,” said Rena Steinzor, who helped write the Superfund laws as a congressional staffer and now teaches at the University of Maryland Law School and is president of the nonprofit Center for Progressive Reform. “The idea that they would refuse to sign a final order — that is the height of amazing nerve.”

Pentagon officials say they are voluntarily cleaning up the three sites named in the EPA’s “final orders” — Fort Meade in Maryland, Tyndall Air Force Base in Florida and McGuire Air Force Base in New Jersey.

Fort Meade borders residential areas in fast-growing Anne Arundel County; Tyndall and McGuire are in less-populated regions. At all three sites, the military has released toxic chemicals — some known to cause cancer and other serious health problems — into the soil and groundwater.

But the EPA has been dissatisfied with the extent and progress of the Pentagon’s voluntary efforts.

“Final orders” are the EPA’s most potent enforcement tool. If a polluter does not comply, the agency usually can go to court to force compliance and impose fines up to $28,000 a day for each violation.

Continue reading »

Tags: , , , , , , , , , ,

Jun 24

Global Research Editor’s note

We bring to the attention of our readers David DeBatto’s scenario as to what might occur if one of the several contingency plans to attack Iran, with the participation of Israel and NATO, were to be carried out. While one may disagree with certain elements of detail of the author’s text, the thrust of this analysis must be taken seriously.

___________________________________________________________________________________________

By David DeBatto

David DeBatto is a former U.S. Army Counterintelligence Special Agent, Iraqi war veteran and co-author the “CI” series from Warner Books and the upcoming “Counter to Intelligence” from Praeger Security International.

The finishing touches on several contingency plans for attacking Iran

“Israel has said a strike on Iran will be “unavoidable” if the Islamic regime continues to press ahead with alleged plans for building an atom-bomb.” (London Daily Telegraph, 6/11/2008)

“Chancellor Angela Merkel of Germany joined President Bush on Wednesday in calling for further sanctions against Iran if it does not suspend its uranium enrichment program.” Mr. Bush stressed again that “all options are on the table,” which would include military force. (New York Times, 6/11/2008)

We are fast approaching the final six months of the Bush administration. The quagmire in Iraq is in its sixth painful year with no real end in sight and the forgotten war in Afghanistan is well into its seventh year. The “dead enders” and other armed factions are still alive and well in Iraq and the Taliban in Afghanistan again controls most of that country. Gas prices have now reached an average of $4.00 a gallon nationally and several analysts predict the price will rise to $5.00-$6.00 dollars per gallon at the pump by Labor Day. This, despite assurances by some major supporters of the decision to invade Iraq that the Iraq war “will pay for itself” (Paul Wolfowitz) or that we will see “$20.00 per barrel” oil prices if we invade Iraq (Rupert Murdoch).

One thing the Pentagon routinely does (and does very well) is conduct war games. Top brass there are constantly developing strategies for conducting any number of theoretical missions based on real or perceived threats to our national security or vital interests. This was also done prior to the invasion of Iraq, but the Bush administration chose not to listen to the dire warnings about that mission given to him by Pentagon leaders, or for that matter, by his own senior intelligence officials. Nevertheless, war gaming is in full swing again right now with the bullseye just to the right of our current mess - Iran.

It’s no secret that the U.S. is currently putting the finishing touches on several contingency plans for attacking Iranian nuclear and military facilities. With our ground forces stretched to the breaking point in Iraq and Afghanistan, none of the most likely scenarios involve a ground invasion. Not that this administration wouldn’t prefer to march into the seat of Shiite Islam behind a solid, moving line of M1 Abrams tanks and proclaim the country for democracy. The fact is that even the President knows we can’t pull that off any more so he and the neo-cons will have to settle for Shock and Awe Lite.

If we invade Iran this year it will be done using hundreds of sorties by carrier based aircraft already stationed in the Persian Gulf and from land based aircraft located in Iraq and Qatar. They will strike the known nuclear facilities located in and around Tehran and the rest of the country as well as bases containing major units of the Iranian military, anti-aircraft installations and units of the Revolutionary Guard (a separate and potent Iranian para-military organization).

Will this military action stop Iran’s efforts to develop nuclear weapons? Probably not. It will probably not even destroy all of their nuclear research facilities, the most sensitive of which are known to be underground, protected by tons of earth and reinforced concrete and steel designed to survive almost all attacks using conventional munitions. The Iranian military and Revolutionary Guard will most likely survive as well, although they will suffer significant casualties and major bases and command centers will undoubtedly be destroyed. However, since Iran has both a functioning Air Force, Navy (including submarines) and modern anti-aircraft capabilities, U.S. fighter-bombers will suffer casualties as well. This will not be a “Cake Walk” as with the U.S. led invasion of Iraq in 2003 when the Iraqi Army simply melted away and the Iraqi Air Force never even launched a single aircraft.

Not even close.

If the United States attacks Iran either this summer or this fall, the American people had better be prepared for a shock that may perhaps be even greater to the national psyche (and economy) than 9/11. First of all, there will be significant U.S. casualties in the initial invasion. American jets will be shot down and the American pilots who are not killed will be taken prisoner - including female pilots. Iranian Yakhonts 26, Sunburn 22 and Exocet missiles will seek out and strike U.S. naval battle groups bottled up in the narrow waters of the Persian Gulf with very deadly results. American sailors will be killed and U.S. ships will be badly damaged and perhaps sunk. We may even witness the first attack on an American Aircraft carrier since World War II.

That’s just the opening act.

Israel (who had thus far stayed out of the fray by letting the U.S. military do the heavy lifting) is attacked by Hezbollah in a coordinated and large scale effort. Widespread and grisly casualties effectively paralyze the nation, a notion once thought impossible. Iran’s newest ally in the region, Syria, then unleashes a barrage of over 200 Scud B, C and D missiles at Israel, each armed with VX gas. Since all of Israel is within range of these Russian built weapons, Haifa, Tel Aviv, Jerusalem and virtually all major civilian centers and several military bases are struck, often with a result of massive casualties.

The Israeli Air Force orders all three squadrons of their F-16I Sufa fighter/bombers into the air with orders to bomb Tehran and as many military and nuclear bases as they can before they are either shot down or run out of fuel. It is a one way trip for some of these pilots. Their ancient homeland lies in ruins. Many have family that is already dead or dying. They do not wait for permission from Washington, DC or U.S. regional military commanders. The Israeli aircraft are carrying the majority of their country’s nuclear arsenal under their wings.

Just after the first waves of U.S. bombers cross into Iranian airspace, the Iranian Navy, using shore based missiles and small, fast attack craft sinks several oil tankers in the Straits of Hormuz, sealing off the Persian Gulf and all its oil from the rest of the world. They then mine the area, making it difficult and even deadly for American minesweepers to clear the straits. Whatever is left of the Iranian Navy and Air Force harasses our Navy as it attempts minesweeping operations. More U.S casualties.

The day after the invasion Wall Street (and to a lesser extent, Tokyo, London and Frankfurt) acts as it always does in an international crisis - irrational speculative and spot buying reaches fever pitch and sends the cost of oil skyrocketing. In the immediate aftermath of the U.S. invasion of Iran, the price of oil goes to $200.00 - $300.00 dollars a barrel on the open market. If the war is not resolved in a few weeks, that price could rise even higher.  This will send the price of gasoline at the pump in this country to $8.00-$10.00 per gallon immediately and subsequently to even higher unthinkable levels.

If that happens, this country shuts down. Most Americans are not be able to afford gas to go to work. Truckers pull their big rigs to the side of the road and simply walk away. Food, medicine and other critical products are not be brought to stores. Gas and electricity (what is left of the short supply) are too expensive for most people to afford. Children, the sick and elderly die from lack of air-conditioned homes and hospitals in the summer. Children, the sick and elderly die in the winter for lack of heat. There are food riots across the country. A barter system takes the place of currency and credit as the economy dissolves and banks close or limit withdrawals. Civil unrest builds.

The police are unable to contain the violence and are themselves victims of the same crisis as the rest of the population. Civilian rule dissolves and Martial Law is declared under provisions approved under the Patriot Act. Regular U.S. Army and Marine troops patrol the streets. The federal government apparatus is moved to an unknown but secure location. The United States descends into chaos and becomes a third world country. Its time as the lone superpower is over.

It doesn’t get any worse than this.

Then the first Israeli bomber drops its nuclear payload on Tehran.

Source: Global Research

Tags: , , , , , , , , , , , , , , , , , , ,

Jun 24

(This is still important to know. - The Infinite Unknown)

Source: You Tube

Tags: , , ,

Jun 21

The latest Pentagon budget request contains a near record high level of money for classified, or “black” programs, reports the Center for Strategic and Budgetary Assessments.  Fiscal year 2009 includes a whopping $34 billion to fund classified weapons purchases and development, though it is not the highest level ever.

“The FY 2007 level is higher than the FY 2009 request primarily because it includes war-related funding, while the FY 2009 figure does not,” notes the report, which is updated annually by Steven Kosiak. “It is likely that once war-related funding is included, the FY 2009 total will surpass the FY 2007 level-making it the highest total for classified acquisition programs since FY 1987 in real terms.”

The updated report does not speculate on what specific programs are being funded–though past reports have noted that classified space programs account for a good portion of the total. Longtime aerospace reporter Bill Sweetman has speculated that some chunk of this large amount of change is going toward a classified bomber prototype. And of course there’s also been longtime speculation–but little concrete proof–of an “Aurora” hypersonic aircraft (though if Aurora exists/existed, then someone needs to explain why the Pentagon’s Defense Advanced Research Projects Agency is proposing Blackswift, a new hypersonic aicraft?).

Classified programs, though they have have produced some notable successes, like the B-2, have their downsides, as Kosiak points out.  “Restrictions placed on access to classified funding have meant that DoD and Congress typically exercise less oversight over classified programs than unclassified ones,” Kosiak writes. “This lower level of scrutiny, coupled with the compartmentalization of information generally associated with classified efforts has contributed to performance problems and cost growth in a number of programs, such as the Navy’s ill-fated A-12 attack aircraft program.”

By Sharon Weinberger
June 20, 2008

Source: Wired

Tags: , ,

Jun 21

‘Truth is treason in the empire of lies’ ‘Let the revolution begin!’ - Ron Paul

Related article: - Government Insider: Bush Authorized 9/11 Attacks

Critics are calling for the resignation of a U.N. official who publicly supports investigating theories that the Sept. 11 attacks on the World Trade Center and the Pentagon were an “inside job.”

Richard Falk, the special rapporteur on human rights in the Palestinian territories, investigates alleged Israeli violations of human rights law for the U.N.’s Human Rights Council.

But the former Princeton professor would also like to investigate whether “some sort of controlled explosion from within” destroyed the Twin Towers, he told FOXNews.com.

“I do think there are questions that haven’t been answered, questions about the way the buildings collapsed and the failure to heed a variety of signals that there was danger coming,” Falk said.

“I think [his beliefs are] fruitcake city, but among many delegations to the U.N. it’s probably the conventional wisdom,” said John Bolton, a former U.S. ambassador to the U.N. known for his straight talk on U.N. hypocrisy.

But Hillel Neuer, executive director of U.N. Watch, a non-governmental organization that monitors the U.N., wants Falk removed from his job.

“He should resign,” said Neuer, who raised concerns about Falk’s ability to be an objective observer. Neuer has also criticized Falk for being biased against Israel.

“If he were a principled person he would recognize the fact that he has very extreme views,” Neuer said.

In 2004, Falk wrote the forward to “The New Pearl Harbor: Disturbing Questions About the Bush Administration and 9/11,” a book written by David Ray Griffin, a Sept. 11 conspiracy theorist. Continue reading »

Tags: , , , , , , , ,