Tuesday, October 20, 2009

MORE MATT TAIBBI IN ROLLING STONE

Wall Street's Naked Swindle
A scheme to flood the market with counterfeit stocks helped kill Bear Stearns and Lehman Brothers — and the feds have yet to bust the culprits
MATT TAIBBI Posted Oct 14, 2009 9:30 AM

http://www.rollingstone.com/politics/story/30481512/wall_streets_naked_swindle/1

MIKE WHITNEY LETS LOOSE ON THE REPULSIVECANS

Taking Stock of the Republicans

By Mike Whitney

October 19, 2009 "Information Clearing House" -- The Republicans have become deficit hawks. It's more phoniness from a party of phonies. They've decided to stake their political future on opposition to Obama's agenda. It doesn't matter what it is; they're against it. Stimulus is bad because extends unemployment benefits and keeps the states on life support. The Republicans have a better idea; let's build more bombs and slash taxes.

"We must be prudent and save the Republic from penury." (That's the GOP mantra) What utter hypocrisy. Mitch McConnell is the worst of them, a corporate toady without a trace of dignity.

Republicans talking about fiscal discipline is like a street-walker preaching about chastity. They have no credibility at all. During the Bush term, they doubled the national debt from $5.6 trillion to $11 trillion in 8 years, the biggest expansion of government spending in US history. All that's forgotten; down the memory hole. Now they've found religion. How convenient.

There should be a vaccine against Republicans. it's a virus not a party. They lead the nation into 8 years of carnage and disgrace and then dare to show their faces on Capital Hill? It just proves how far the country has slipped.

One million Iraqis killed, over one-fifth of the population displaced. 5 years later and there's still no clean water, no functioning school system, 1 in 3 children suffering from trauma, tens of thousands slowly dieing from depleted uranium. The invasion was an exercise in premeditated genocide and the Republican party's bloody fingerprints are all over the murder weapon.

Every Republican senator and congressman who voted for the war should be dragged in front of a tribunal and sentenced. Democrats too.

Iraq is forgotten now. We won. The plan to ethnically cleanse the Sunnis from Baghdad succeeded. The death squad strategy prevailed. Murder works.

Now General "Death Squad" has moved on to Afghanistan. His work is not done, yet.

The Republicans love McCrystal; he's their kind of guy. He knows how to deliver. More dead civilians, more fatherless children, more blood.

The country has two political parties; two war parties. The Republicans are only worse by degree. In essence, both parties share the same vision of the future; more conquest, more suffering, more bloodletting. America ran out of steam long ago; now it's fueled by its commitment to violence alone.

Western Use Of “Genocidal” Swine Flu Vaccine

October 20, 2009

Western Use Of “Genocidal” Swine Flu Vaccine Sparks Russian Fears

By: Sorcha Faal

http://www.whatdoesitmean.com/index1288.htm

YOU ALL DARN WELL BETTER READ THIS ONE

Monday, October 19, 2009

Ralph Nader comments

Barney Frank and the Planet of the Banks

By Ralph Nader

October 16, 2009

http://www.informationclearinghouse.info/article23738.htm

Sunday, October 18, 2009

D.C. military-style checkpoints are unconstitutional

Landmark Civil Rights victory:
D.C. military-style checkpoints are unconstitutional

Sixteen months ago, the Partnership for Civil Justice Fund (PCJF) filed a major lawsuit on behalf of residents of Washington, D.C., who had been stopped in their cars at military-style checkpoints, interrogated by police and prevented from driving onwards even though they were never suspected of committing a crime.

Today, we are pleased to announce that the lawsuit has resulted in a major victory. The U.S. Court of Appeals, in a nearly unanimous decision, upheld the July 10 ruling of a three-judge panel that declared the military-style checkpoints to be unconstitutional. The D.C. government and police sought to overturn that ruling by petitioning for an en banc (full court) re-hearing of the July 10 decision. That petition has now been denied.

This is a landmark victory. If the government had succeeded in this unprecedented expansion of police power, it would have become a model in cities throughout the country. It would have set precedents that would seriously erode many rights that are cherished by the people of this country.

The checkpoints not only permitted the police to stop, seize and interrogate individuals without any probable cause or suspicion of illegal activity. It was used by the government to collect and aggregate data on the movements, activities and associations of law-abiding individuals.

This was a hard-won battle—a victory made possible by the commitment of the plaintiffs and the immense civil rights and civil liberties expertise from the attorneys at the Partnership for Civil Justice Fund. It was the tireless work of these attorneys that secured another important victory in defense of people’s essential rights.

The Partnership for Civil Justice Fund undertakes this type of work pro bono.
JusticeOnline.org

US-China Proxy War For Global Mineral Wealth Leaves Thousands Dead

http://www.whatdoesitmean.com/index1287.htm

A MUST READ ARTICLE

JUST MAKE SURE YOU READ IT ALL INCLUDING THE LINKS

Wednesday, October 14, 2009

Waterboard JP Morgan and The Mortgage Bankers Assn

http://market-ticker.org/archives/1510-Waterboard-JP-Morgan-and-The-Mortgage-Bankers-Assn.html

JIM SINCLAIR COMMENTS

What More is There to Say?
Posted: Oct 14 2009 By: Jim Sinclair Post Edited: October 14, 2009 at 6:32 pm

Filed under: General Editorial

Dear CIGAs,

We can keep you updated on developments and Trader Dan can keep you updated on technical matters as the drama in gold will never end.

The dollar is headed for much bigger trouble quite soon.

Gold is going to $1224, $1650 and then on to Alf’s numbers.

The US dollar will touch its past low, fight a bit, but then give it up to the carry trade and fundamental economics.

All we have warned you of is happening now.

The countdown of days needs to be understood as a countdown for just what is happening. That countdown is to the faltering of a major area of dollar support becoming invalid as the carry trade monster devours any currency it adopts.

Interest rates cannot be raised to favor the dollar without throwing the MOPE recovery directly into the circular file.

Confidence in the dollar is waning with every passing day. As Armstrong has told you, one day soon confidence will simply implode.

This is a product of a lifetime of mistakes of which no one person can be considered the author. It is the sum of wrong economics, rewarding activities that produce nothing but paper shuffling, and punishing activities that produce goods, human services and employment.

Within one week of the countdown the dollar will take out areas expected to be the bottom of this decline by many talking heads today. That is a dynamic event as was what Trader Dan spoke of here on JSMineset last evening.

What has occurred are the things that economic history is made of> Few outside of Trader Dan and the most attentive CIGAs were really shaken by the occurrence.

This is what the countdown is all about. Look out the window and see it happening. It is history in the making but no more than what happened yesterday at lower levels.

The end is NOT coming. It has already happened. Are you insulated from the results thereof?

Sincerely,
Jim

Tuesday, October 13, 2009

Jim Sinclair Warning

Everything Is Happening Now!
Posted: Oct 13 2009 By: Jim Sinclair Post Edited: October 13, 2009 at 3:31 pm

Filed under: General Editorial

My Dear Friends,

Everything we have discussed here for many years is NOW taking place.

Everything we have suggested is coming is NOW on your doorstep.

Any ideas of trading have been smashed not only by common sense, but also by the flash systems against which you do not stand a chance.

All precious metals companies with materials in, on top or mining will succeed in market terms.

All shorts in both precious metals shares and gold itself will end up covering in a less than comfortable manner.

Gold will trade at $1250 and $1650 before seeking Alf’s and Armstrong’s prices.

The US dollar is nearing a severe crisis period that will occur this winter.

Middle American business is facing severe difficulty with a collapse of CIT or even a failure to refinance to a comfortable level a potential crisis-producing event. CIT is to Middle America what Lehman was to the financial industry.

There is very little to add today with one exception: Have you protected yourself?

Respectfully yours,
Jim

Sunday, October 11, 2009

Mad as hell, consumers dump credit cards

http://www.marketwatch.com/story/mad-as-hell-consumers-dump-credit-cards-2009-10-07?link=kiosk

Saturday, October 10, 2009

STATEMENT OF PRINCIPLES OF THE CAMPAIGN FOR LIBERTY

Statement of Principles Americans inherit from our ancestors a glorious tradition of freedom and resistance to oppression. Our country has long been admired by the rest of the world for her great example of liberty and prosperity—a light shining in the darkness of tyranny. But many Americans today are frustrated. The political choices they are offered give them no real choice at all. For all their talk of "change," neither major political party as presently constituted challenges the status quo in any serious way. Neither treats the Constitution with anything but contempt. Neither offers any kind of change in monetary policy. Neither wants to make the reductions in government that our crushing debt burden demands. Neither talks about bringing American troops home not just from Iraq but from around the world. Our country is going bankrupt, and none of these sensible proposals are even on the table. This destructive bipartisan consensus has suffocated American political life for many years. Anyone who tries to ask fundamental questions instead of cosmetic ones is ridiculed or ignored. That is why the Campaign for Liberty was established: to highlight the neglected but common-sense principles we champion and reinsert them into the American political conversation. The U.S. Constitution is at the heart of what the Campaign for Liberty stands for, since the very least we can demand of our government is fidelity to its own governing document. Claims that our Constitution was meant to be a "living document" that judges may interpret as they please are fraudulent, incompatible with republican government, and without foundation in the constitutional text or the thinking of the Framers. Thomas Jefferson spoke of binding our rulers down from mischief by the chains of the Constitution, and we are proud to follow in his distinguished lineage. With our Founding Fathers, we also believe in a noninterventionist foreign policy. Inspired by the old Robert Taft wing of the Republican Party, we are convinced that the American people cannot remain free and prosperous with 700 military bases around the world, troops in 130 countries, and a steady diet of war propaganda. Our military overstretch is undermining our national defense and bankrupting our country. We believe that the free market, reviled by people who do not understand it, is the most just and humane economic system and the greatest engine of prosperity the world has ever known. We believe with Ludwig von Mises, Henry Hazlitt, and F.A. Hayek that central banking distorts economic decisionmaking and misleads entrepreneurs into making unsound investments. Hayek won the Nobel Prize for showing how central banks' interference with interest rates sets the stage for economic downturns. And the central bank's ability to create money out of thin air transfers wealth from the most vulnerable to those with political pull, since it is the latter who receive the new money before the price increases it brings in its wake have yet occurred. For economic and moral reasons, therefore, we join the great twentieth-century economists in opposing the Federal Reserve System, which has reduced the value of the dollar by 95 percent since it began in 1913. We oppose the dehumanizing assumption that all issues that divide us must be settled at the federal level and forced on every American community, whether by activist judges, a power-hungry executive, or a meddling Congress. We believe in the humane alternative of local self-government, as called for in our Constitution. We oppose the transfer of American sovereignty to supranational organizations in which the American people possess no elected representatives. Such compromises of our country's independence run counter to the principles of the American Revolution, which was fought on behalf of self-government and local control. Most of these organizations have a terrible track record even on their own terms: how much poverty have the World Bank and the International Monetary Fund actually alleviated, for example? The peoples of the world can interact with each other just fine in the absence of bureaucratic intermediaries that undermine their sovereignty. We believe that freedom is an indivisible whole, and that it includes not only economic liberty but civil liberties and privacy rights as well, all of which are historic rights that our civilization has cherished from time immemorial. Our stances on other issues can be deduced from these general principles. Our country is ailing. That is the bad news. The good news is that the remedy is so simple and attractive: a return to the principles our Founders taught us. Respect for the Constitution, the rule of law, individual liberty, sound money, and a noninterventionist foreign policy constitute the foundation of the Campaign for Liberty.

Tuesday, October 6, 2009

EXPECT A MILITARY COUP OF THE PRESIDENCY IF IT HASN'T ALREADY OCCURRED.

http://www.bloomberg.com/apps/news?pid=20601087&sid=abDn9jDzhIMA Given the collapse in the Dollar and the rise in gold, coupled with Obama's discussions today with members of Congress and the Military, they could have forced Obama to yield to them to put more troops in Afghanistan and have taken over the Presidency behind the scenes by threatening Obama with death if he doesn't cooperate. Scroll down in the articles on GOLDTRADERCOMMENTS BLOG to the article by Sorcha Fall in which she explains how a military coup would be non-violent and still use Obama as a front man for speaking to the public to keep them from rioting as the economy collapses and we send more troops to Afghanistan (from where?) or simply get wiped out over there. We are now at a CRITICAL POINT in the history of the World and this country.

Monday, October 5, 2009

The demise of the dollar

CREDIT TO FLARPH FOR THE ARTICLE The demise of the dollar In a graphic illustration of the new world order, Arab states have launched secret moves with China, Russia and France to stop using the US currency for oil trading By Robert Fisk Tuesday, 6 October 2009 http://www.independent.co.uk/news/business/news/the-demise-of-the-dollar-1798175.html

Entering the Greatest Depression in History

Entering the Greatest Depression in History The Bank for International Settlements (BIS) Warns of Future Crises by Andrew Gavin Marshall http://www.lewrockwell.com/orig10/marshall2.1.1.html LONG ARTICLE WORTH READING. YOU WILL LEARN MUCH THAT IS IMPORTANT ABOUT HOW THE WORLD WORKS

Sunday, October 4, 2009

INFORMATION OVERLOAD FROM BOB CHAPMAN

Weakness And Worries Throughout Reports Posted: October 3 2009 http://theinternationalforecaster.com/International_Forecaster_Weekly/Weakness_And_Worries_Throughout_Reports GT sez: READ THIS, CRY, AND THEN GET YOUR HOUSE IN ORDER....NOW! EXCERPT: "This is one of the greatest frauds of all time and it is not yet half over. There are no regulators, there are no policemen, there is no Congress; everyone in NYC and Washington is in on it, except the poor taxpayers. Commercial real estate is just as bad and faces perhaps more than $1 trillion in refinancing next year. As we predicted four years ago losses in residential real estate would average 45% to 55% countrywide, and commercial would be hit for 70% and we are going to be dead on if not conservative. Over the next three years the total world financial system is going to collapse, the dollar devalued, massive default and the world will be brought to an economic and financial standstill. That is why you must have all your assets in gold and silver coins and shares. It is the only way you can preserve your wealth."

Saturday, October 3, 2009

Obama In Secret Russia Visit Warns Putin, “I May Not Make It”

Obama In Secret Russia Visit Warns Putin, “I May Not Make It” By: Sorcha Faal http://www.whatdoesitmean.com/index1284.htm There is plenty of info to digest in the links within this article to get your attention. I suggest you probe into them to see what is happening in the country that is NOT making the TV news. Especially the AMERICAN POLICE FORCE that is in Hardin, Montana and the Miltiary 'practice' operation OPERATION DIOMEDIES WHO REALLY KNOWS WHAT IS TRUE OR FALSE ANYMORE? The BEST you can do is to stay aware of what's happening around you as it appears the public is being GROOMED for a major happening as we approach 2012, as the date on which the END is prophesied to occur in Ancient Cultures (Mayan Longterm Calendar, Nostradamus, etc). The History Channel is loaded with programs on the subject and there are TV programs and movies coming out that are molding the public mindset to be receptive to such an occurance as 'inevitable'. If the END is coming no matter what, what do you think most people's behavior will become?

Facebook poll on killing Obama sign of antigovernment anger

The Facebook poll is just one of many examples of increasing vitriol and threats against Obama and the government. CHRISTIAN SCIENCE MONITOR ARTICLE: http://features.csmonitor.com/politics/2009/09/29/facebook-poll-on-killing-obama-sign-of-antigovernment-anger/ WHEN THE AMERICAN PUBLIC IS SO DUMBED DOWN AS TO NOT UNDERSTAND ITS COUNTRY'S HISTORY, ECONOMICS, OR METHOD OF GOVERNMENT, THEY WILL EASILY BE LED TO STUPID ACTIONS INSTEAD OF CIVILIZED BEHAVIOR. THE PUBLIC'S COLLECTIVE MIND IS BEING POISONED BY THE IDIOTIC RAMBLINGS OF FAR TOO MANY PUNDITS AND SO-CALLED 'EXPERTS' WHO ARE GIVEN AIR TIME ON CABLE 'NEWS/GOSSIP' STATIONS SIMPLY TO FILL AIR TIME 24 HOURS A DAY AND TO MAINTAIN VIEWERS' ATTENTION WITH SENSATIONALISM AND INFANTILE INQUIRY INTO ISSUES FAR LESS IMPORTANT TO THE COUNTRY'S ECONOMIC SURVIVAL THAN TO THE CABLE NEWS/GOSSIP ORGANIZATION'S BOTTOM LINE. THE KEY TO THEIR SUCCESS IS THEIR CONSTANT CREATION OF DISSENTION AMONG THEIR VIEWERS AS THEY 'DISCUSS' HOT BUTTON ISSUES LIKE, RACE, ABORTION, THE DEATH PENALTY, THAT WILL NEVER BE RESOLVED UNTIL SOME DEGREE OF INTELLIGENCE BASED ON FACTS RE-ENTERS THE PUBLIC MENTALITY...A LONG SHOT IF EVER THERE WAS ONE, AS THE INTELLIGENCE OF THE AMERICAN PUBLIC SEEMS TO BE RAPIDLY MOVING IN THE OPPOSITE DIRECTION.

IS A MILITARY COUP POSSIBLE HERE IN THE USA?

rsday, October 1, 2009 Newsmax's John Perry Presents Scenario For Peaceful Military Coup To Remove Barack Obama From Office; Newsmax Takes Down Article http://voice-of-deseret.blogspot.com/2009/10/newsmaxs-john-perry-presents-scenario.html THE ARTICLE IS FOUND AT THE LINK ABOVE. THIS MENTALITY IS NOW VERY PREVALENT IN THE COUNTRY BE AWARE THAT THIS COUNTRY IS ON THE BRINK OF REVOLUTION IN SOME FORM OR OTHER (VIOLENCE OR MILITARY COUP)

Banks With 20% Unpaid Loans at 18-Year High Amid Recovery Doubt

Oct. 2 (Bloomberg) -- The number of U.S. lenders that can’t collect on at least 20 percent of their loans hit an 18-year high, signaling that more bank failures and losses could slow an economic recovery http://www.bloomberg.com/apps/news?pid=20601087&sid=aXZinRhF5tlA WHY PAY YOUR CREDIT CARD LOANS ANYMORE? THEY'LL NEVER COLLECT THEM ALL. CHASE BANK IS SO DESPERATE THEY JUST SENT ME A LETTER SAYING THEY WOULD 'SETTLE' FOR HALF THE BALANCE OWED ON ONE OF MY CARDS. THIS, AFTER THE BANKS ALL RAISED OUR RATES TO 30% AND CAUSED ALL THESE DEFAULTS? THE BANKS ALL DESERVE TO HAVE EVERYONE DEFAULT ON ALL THEIR UNSECURED LOANS. THAT'S WHAT YOU DO TO LOAN SHARKS, ESPECIALLY IF THEY AREN'T GOING TO SEND SOME GOONS OUT TO BREAK YOUR LEGS OR KILL YOU. THAT'S WHAT THE GUV'MINT WILL DO TO US LATER WHEN WE ALL RIOT.

If The Russians Did This To Us, We’d Kill ‘Em

If The Russians Did This To Us, We’d Kill ‘Em By David Michael Green October 02, 2009 "Information Clearing House" http://www.informationclearinghouse.info/article23618.htm PASS THIS ONE AROUND FAR AND WIDE...IT MIGHT WAKE SOMEONE UP