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Panetta Tells Congress: Screw Your Constitution?

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Obama Admin Cites ‘Int’l Permission,’ Not Congress, As ‘Legal Basis’ For Action In Syria

I share Senator Jeff Sessions’ aghast horror, during this Congressional hearing on Syria:

Breitbart’s inflammatory editorial on this topic puts it better than I could – Panetta: ‘International Permission’ Trumps Congressional Permission For Military Actions – what about all those in the military who’ve sworn an oath to Defend the Constitution from exactly this sort of TREASON? This ‘international espoinage’, this off-shore fascist bankers coup d’etat of every sovereign country. Where do the Defenders of the Constitution stand? Or are they just gonna let this pass? Are we finished?

Oh, another pretty thing about this is when Panetta says, “Just like we did in Libya.” but… but… Syria is nothing like Libya. It’s a totally different situation. Oh, wait a minute, that’s scary… we are a Corporate War World, official.

Panetta’s US Military says “Screw your Constitution” to Congress?

[Chimeraworld 6]

LaRouche: “The Whorehouse Seems To Have Taken Over the Republican Candidacies”

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The British Empire is deploying its Israeli assets — including such putzes as Prime Minister Bibi Netanyahu and Defense Minister Ehud Barak – -on a full blitz to politically target Gen. Martin Dempsey, the chairman of the U.S. Joint Chiefs of Staff, for removal from his post. The British are enraged at General Dempsey and others within the U.S. military, because they have thrown a monkey-wrench into the British gambit of unleashing a thermonuclear World War III through an Israeli military strike against Iran.

As Lyndon LaRouche stated plainly on Feb. 25: "General Dempsey and his associates are the only reason that you're still alive today, at least so far. Otherwise, thermonuclear World War III would have broken out by now."

Republican Party senators and Presidential candidates have recently been tripping over each other to support the psychotic Netanyahu and Barak against General Dempsey.

"The whorehouse seems to have taken over the Republican candidacies," LaRouche commented sharply Tuesday. "These Republicans are acting like a bunch of ass-kissers. They are trying to get money for their little schemes, searching for campaign money from their friends, with no regard for the consequences of their behavior in the real world."

Today's Wall Street Journal carries an article by Carla Lee and Jay Solomon headlined "U.S. Considers New Message on Iran," which cites "people familiar with the discussions" between the U.S. and Israel saying that Netanyahu is furious at what General Demspey said about Iran being "rational," and demanding that Obama "clarify" the matter—i.e., cashier Dempsey. "Obama could use a speech on Sunday before a powerful pro-Israel lobby [AIPAC] to more clearly define U.S. policy on military action against Iran in advance of his meeting on Monday with Israeli Prime Minister Benjamin Netanyahu," the Journal article reports.

"Israeli officials were particularly alarmed when Gen. Martin Dempsey, chairman of the Joint Chiefs of Staff, described Iran as a 'rational actor' in a CNN interview after a recent visit to Israel," the article says. Netanyahu had lunch last week to discuss this with various visiting American VIPs, including Senators Lindsey Graham and John McCain, both of whom emerged to fully back Netanyahu. "The Israelis are unnerved," Graham said. "They think the administration is sending the wrong signal, and I do too." McCain said he had never seen Netanyahu "that unhappy. He was angry. And, frankly, I've never seen U.S.-Israel relations at this point."

The Wall Street Journal article then delivered the punch line: The March 5 meeting of Obama and Netanyahu "could affect not only the standoff with Iran, but also Mr. Obama's re-election campaign," since U.S.-Israeli tensions — i.e., voices such as General Dempsey's — are "raising concerns among the President's Jewish supporters." Republican Presidential candidates Romney, Santorum, and Gingrich will also be addressing the AIPAC meeting next week.

In other words, the British have put a price on General Dempsey's scalp, which the whores on both side of the aisle are scrambling to collect.

LaRouche: “The Whorehouse Seems To Have Taken Over the Republican Candidacies”

[LaRouchePAC]

On The Eve of Thermonuclear War

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In discussion with associates last night, Lyndon LaRouche again reiterated the threat of a thermonuclear confrontation between the United States under a British directed Obama on the one side and Russia and China on the other, with a small handful of leading US military officials working around the clock to block it.

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On The Eve of Thermonuclear War

[LaRouchePAC]

Written by testudoetlepus

February 23rd, 2012 at 12:18 am

The Chemtrails Biz

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(TheIntelHub | Peter Kelley)

The spraying itself is carried out by the U.S. military; probably the Air Force. The orders mostly come from Wall Street. The military man or men in charge of the operation take orders from an intelligence agency.

The people giving orders from the intelligence agency’s headquarters are taking orders from Wall Street. To make a buck, energy companies, insurance companies, big banks and other catastrophe reinsurance and weather derivatives market players direct the military in their chemtrail spraying activities.

Ultimately, the taxpayer pays for it all through bailouts. Geoengineers serve as consultants to both intelligence agencies and the military.

This is the theory I am entertaining. Do you care to join me?

Owning the Weather:

Let us first address my assertion that the spraying is carried out by our military. We will refer to the seminal document ‘Weather as a Force Multiplier: Owning the Weather in 2025′ released by the U.S. Department of Defense at the behest of the Air Force in August of 1996. The authors examine how stratospheric aerosols (chemtrails) can be used in conjunction with other ground and space based technologies to modify weather.

The document mostly speaks to military combat applications, but there are some very interesting quotes. Here’s one, “In the United States, weather-modification will likely become a part of national security policy with both domestic and international applications.” I’d like to hear more about those ‘domestic applications’.

Or, how about this one, “Between now and 2005, technological advances in meteorology and the demand for more precise weather information by global businesses will lead to the successful identification and parameterization of the major variables that affect weather.” One of those ‘global businesses’ wouldn’t happen to be Enron, would it?

I find this choice of title very interesting. Why did they choose the word ‘own’ to describe their objectives? Of course, you cannot own the weather. Can you own the Sun? The title is a non sequitur. The word ‘own’ implies material gain, therefore using the word ‘own’ makes sense if chemtrails are sprayed for financial gain. ‘Own’ is ‘nwo’ backwards. ‘NWO’ is an acronym for ‘New World Order’.

It is not surprising to see that the Air Force produces much of our military’s weather information and related services. These activities logically fall under their jurisdiction. The Air Force maintains the Air Force Weather Agency, which states it’s purpose as delivering, “…accurate, relevant, and timely environmental information, products, and services, anywhere in the world.”

For more evidence that our military is spraying us, see my paper Chemtrails Exposed‘.

Don’t get me wrong. I’m not knocking our entire military or the entire Air Force. I realize that militaries and air forces are necessary things. My targets are those individuals inside these organizations who have not been true to their purpose and hide it all from their brothers and sisters.

If any of the military chemtrail sprayers are reading this, I urge you, please! Stop the insanity! We’re all being murdered. How much money would you accept for your eyes? Only the devil has such outrageous demands! You are offering your soul. For what? Death? There is still time. Repent!

Read the rest of this entry »

Weather Modification – A Covert Weapon of Mass Destruction

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Between 1962 and 1983, the United States Navy, the U.S. Weather Bureau and the National Science Foundation carried out an experimental research program that was yielding some success in moderating hurricanes. Project Stormfury was suspended, however, and eventually terminated for specious reasons. Commenting on an overview of The Stormfury Era by the Hurricane Research Division of the Atlantic Oceanographic and Meteorological Laboratory, Dick Eastman, MS, MA, noted that the privatization of weather-related government agencies was a factor in the termination of this project:

“Project Stormfury was discontinued just as new planes for doing the interventions were made available.

It seems that we had a deliberate effort to stifle success at the very time that the national weather bureau and other weather-related government agencies were being privatized (the National Weather Service, like the Federal Reserve Bank, the Atomic Energy Commission and the National Science Foundation are privately owned and controlled organizations — each operating in their respective fields in totally unregulated and largely unsupervised environments, with the public thinking that each is part of the government…

“Storm Fury demonstrated — regardless of the sophistry — that hurricane winds can be reduced from 130 mph to 75 or 80 mph — a difference that means the a difference of billions in damages and of doubtless many lives.

“But we are not only seeing the deliberate decision to let disaster happen when it could be prevented — we are seeing something much worse — the deliberate use of this technology developed by minds that sought to help mankind as a means of destroying our homes and killing our people for the sake of ’disaster-industry’ profit and ‘national-emergency’ power.”

Gordon J. F. MacDonald (1929-2002) was an associate director of the Institute of Geophysics and Planetary Physics at UCLA, a member of President Lyndon Johnson’s Science Advisory Committee and a member of the Council on Foreign Relations. In his 1968 book, Unless Peace Comes: A Scientific Forecast Of New Weapons, MacDonald wrote a chapter titled “How to Wreck the Environment” (read below) in which he revealed that weather modification was in the experimental stages. MacDonald predicted that it would only be a matter of time before man would be able to manipulate the weather for use as a weapon:

“Among future means of obtaining national objectives by force, one possibility hinges on man’s ability to control and manipulate the environment of his planet. When achieved, this power over his environment will provide man with a new force capable of doing great and indiscriminate damage. Our present primitive understanding of deliberate environmental change makes it difficult to imagine a world in which geophysical warfare is practised. Such a world might be one in which nuclear weapons were effectively banned and the weapons of mass destruction were those of environmental catastrophe. As I will argue, these weapons are peculiarly suited for covert or secret wars…

“As economic competition among many advanced nations heightens, it may be to a country’s advantage to ensure a peaceful natural environment for itself and adisturbed environment for its competitors. Operations producing such conditions might be carried out covertly, since nature’s great irregularity permits storms, floods, droughts, earthquakes and tidal waves to be viewed as unusual but not unexpected. Such a ‘secret war’ need never be declared or even known by the affected populations. It could go on for years with only the security forces involved being aware of it. The years of drought and storm would be attributed to unkindly nature and only after a nation were thoroughly drained would an armed take-over be attempted.

“In addition to their covert nature, a feature common to several modification schemes is their ability to affect the Earth as a whole. The environment knows no political boundaries; it is independent of the institutions based on geography and the effects of modification can be projected from any one point to any other on the Earth. Because environmental modification may be a dominant feature of future world decades, there is concern that this incipient technology is in total conflict with many of the traditional geographical and political units and concepts.

“Political, legal, economic and sociological consequences of deliberate environmental modification, even for peaceful purposes, will be of such complexity that perhaps all our present involvements in nuclear affairs will seem simple.”

In his 1970 book, Between Two Ages, former U.S. National Security Adviser Zbigniew Brezezinski (CFR/TC/B) mentioned “weather control” as a “new weapon” for the U.S. military and a “key element of strategy.”

“Technology will make available, to the leaders of major nations, techniques for conducting secret warfare, of which only a bare minimum of the security forces need be appraised… Techniques of weather modification could be employed to produce prolonged periods of drought or storm.”

Also in 1970, the U.S. Weather Bureau was renamed the National Weather Service and the privatization of the weather-related government agencies began, a process that was expedited under President Bill Clinton.

“In accordance with the Administration’s FY 1996 Proposed Budget and the Administration’s Reinventing Government initiatives issued in early 1995, the National Weather Service (NWS) initiated a transition program to transfer NWS Agricultural Weather Services and non-federal non-wildfire weather support to private meteorological firms willing to assume these responsibilities…

“The transition of agricultural weather services to the private sector is dynamic. Both the NWS and the private meteorological sector will need to continue to work together to provide maximum service to the nation’s growers. Privatization efforts are not new to the NWS. Over the years, the NWS has transferred services such as direct commercial radio and television broadcasts, newspaper weather page preparation, and weather by phone successfully to the private sector.” (National Weather Service)

In 1977, the Geneva Convention proposed an international treaty prohibiting the military or other hostile use of environmental modification techniques. The Convention opened for signature on May 18, 1977 in Geneva and the treaty was enforced on October 5, 1978. Eighty-seven (87) nations signed this treaty:

CONVENTION ON THE PROHIBITION OF MILITARY OR ANY OTHER HOSTILE USE 

OF ENVIRONMENTAL MODIFICATION TECHNIQUES

Signed in Geneva May 18, 1977
Entered into force October 5, 1978
Ratification by U.S. President December 13, 1979
U.S. ratification deposited at New York January 17, 1980

The States Parties to this Convention,

Guided by the interest of consolidating peace, and wishing to contribute to the cause of halting the arms race, and of bringing about general and complete disarmament under strict and effective international control, and of saving mankind from the danger of using new means of warfare,

Determined to continue negotiations with a view to achieving effective progress towards further measures in the field of disarmament,

Recognizing that scientific and technical advances may open new possibilities with respect to modification of the environment,

Recalling the Declaration of the United Nations Conference on the Human Environment adopted at Stockholm on 16 June 1972,

Realizing that the use of environmental modification techniques for peaceful purposes could improve the interrelationship of man and nature and contribute to the preservation and improvement of the environment for the benefit of present and future generations,

Recognizing, however, that military or any other hostile use of such techniques could have effects extremely harmful to human welfare,

Desiring to prohibit effectively military or any other hostile use of environmental modification techniques in order to eliminate the dangers to mankind from such use, and affirming their willingness to work towards the achievement of this objective,

Desiring also to contribute to the strengthening of trust among nations and to the further improvement of the international situation in accordance with the purposes and principles of the Charter of the United Nations,

Have agreed as follows:

Article I1. Each State Party to this Convention undertakes not to engage in military or any other hostile use of environmental modification techniques having widespread, long-lasting or severe effects as the means of destruction, damage or injury to any other State Party.

2. Each State Party to this Convention undertakes not to assist, encourage or induce any State, group of States or international organization to engage in activities contrary to the provisions of paragraph 1 of this article. (continued)

In 1996, the U.S. Air Force published a research paper produced in the Department of Defense titled, “Weather as a Force Multiplier: Owning the Weather in 2025.” Disregarding the Geneva Convention Treaty on Weather Modification, the stated purpose of the paper was “to outline a strategy for the use of a future weather-modification system to achieve military objectives…”

2025 is a study designed to comply with a directive from the chief of staff of the Air Force to examine the concepts, capabilities, and technologies the United States will require to remain the dominant air and space force in the future. Presented on 17 June 1996, this report was produced in the Department of Defense school environment of academic freedom and in the interest of advancing concepts related to national defense. The views expressed in this report are those of the authors and do not reflect the official policy or position of the United States Air Force, Department of Defense, or the United States government…

“In 2025, US aerospace forces can ‘own the weather’ by capitalizing on emerging technologies and focusing development of those technologies to war-fighting applications. Such a capability offers the war fighter tools to shape the battlespace in ways never before possible. It provides opportunities to impact operations across the full spectrum of conflict and is pertinent to all possible futures. The purpose of this paper is to outline a strategy for the use of a future weather-modification system to achieve military objectives rather than to provide a detailed technical road map.

“A high-risk, high-reward endeavor, weather-modification offers a dilemma not unlike the splitting of the atom. While some segments of society will always be reluctant to examine controversial issues such as weather-modification, the tremendous military capabilities that could result from this field are ignored at our own peril. From enhancing friendly operations or disrupting those of the enemy via small-scale tailoring of natural weather patterns to complete dominance of global communications and counterspace control, weather-modification offers the war fighter a wide-range of possible options to defeat or coerce an adversary…”

Another piece of evidence to support the existence of the these weapon systems.

Weather Modification – A Covert Weapon Of Mass Destruction

[Pakalert Press]

Written by testudoetlepus

July 7th, 2011 at 1:25 pm

Posted in Change,earthquakes,End of Empire,Fraud,Nuclear & Radiation

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50 Factors Launching Gold

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by Jim Willie

Edification is not the word that comes to mind when observing an interview with Larry Fink of Blackstone this morning on network financial news. It was inspirational if not humorous, and somewhat pathetic. Of course the interviewer treated him like royalty, when just a syndicate captain, a Made Man. As a cog within the US financial hierarchy, he was asked why Gold is approaching record price levels near $1500 per ounce. He gave his best 10-second answer, showing no depth of comprehension but an excellent grip of propaganda laced with simplistic distortion. He said, “GOLD IS RISING FROM ALL THE GLOBAL INSTABILITY, AND NOT FROM INFLATION AT ALL.” Sounds good, but it lacks much reflection of the world of reality burdened by complexity and interconnectivity that the enlightened perceive. At least he did not babble about Gold being in an asset bubble. It cannot, since Gold is money. It is curious that all the analysts, bankers, fund managers, corporate chieftains who did not advise on Gold investment over the last ten years are precisely whom the financial network news appeals to for guidance in the current monster Gold bull run. They knew nothing before, and they know nothing now. The major US news networks carry the Obama water while the USCongressional members carry the USBanker robes and show respect with genuflection before the priests. But guys like Fink are their harlot squires. Poor Ben Bernanke, despite his high priest position, does not gather a fraction of respect that Alan Greenspan did even though Alan presided over the collapse. The wild card possibly later this year or 2012 will be a national movement to force mandatory wage gains, and thus avert a national economic collapse. The squeeze is on in a powerful manner to both businesses and households.

ANOTHER STRONG GOLD BREAKOUT

As long as Quantitative Easing programs are in place and actively pursued, Gold & Silver prices will soar. The programs are urged by exploding budget deficits and absent USTBond demand. That translates to a ruined USDollar currency. Gold & Silver respond to the debasement and ruin. Efforts will become ridiculously stretched to save the USDollar, but will fail. QE will go global and secretive, assuring tremendous additional gains in the Gold & Silver price. No effort to liquidate the big USbanks will occur, thus assuring the process will continue until systemic breakdown then failure. The more extraordinary the measures to save the embattled insolvent fraudulent USDollar, the more the Gold & Silver price will soar. It is that simple. Gold & Silver will soar as long as central banks continue to put monetary inflation machinery to work. They are attempting to provide artificial but coordinated USTreasury Bond demand. In the process their efforts will continue to push the cost structure up further. In my view, since the Japan natural disaster hit with financial fallout, the Global QE is very much in effect, but not recognized as a global phenomenon. It pushes up Gold in uniform fashion worldwide.

50 FACTORS POWERING THE GOLD BULL

1)      USFed is stuck at 0% for over two years and printing $1.7 trillion in Quantitative Easing, otherwise called monetary hyper inflation. They are not finished destroying both money and capital.

2)      USFed tripled its balance sheet, with over half of it bonds of exaggerated value, while it gobbled up toxic mortgage bonds as buyer of last resort. The mortgage bonds have turned worthless. The USFed waits for a housing revival to bail itself out, but it will not arrive.

3)      Debt monetization has gone haywire, as over 70% of USTBond sales from the USFed printing press. The QE was urgently needed, since legitimate buyers vanished. Even the primary dealers have been reimbursed in open market operations within a few weeks.

4)      PIMCO has shed its entire USTreasury Bond holdings, seeing no value. They joined many foreign creditors in an unannounced buyer boycott in disgusted reaction to QE which is essentially a compulsory unilateral debt writedown.

5)      Growing USGovt deficits have run over $1.5 trillion annually, with absent cuts, obscene entitlements, endless war. The prevailing short-term 0% interest rates are out of synch with exploding debt supply and rising price inflation.

6)      Unfunded USGovt liabilities total nearly $100 trillion for medicare, social security, pensions, and more. The obligations are never included in the official debt. It represents insult to injury within insolvency.

7)      Standard & Poors warned that USGovt could lose AAA rating in lousy credit outlook, one chance in three within the next two years. Ironically, the announcement came on the day when the USGovt exceeded its debt limit. The network news missed it.

8)      State & Municipal debt have collapsed, as 41 states have huge shortfalls, and four large states are broken. They might receive a federal bailout. It could be called QE3, maybe QE4.

9)      Coordinated USTBond purchases from Japanese sales have relieved the USFed, as other major central banks act as global monetarist agents. The sales by Japan are vast and growing. Witness the last phase in unwind of Yen Carry Trade, where 0% borrowed Japanese money funded the USTreasury Bonds and US Stocks.

10)  Quantitative Easing, a catch word for extreme monetary inflation and debt monetization, has become engrained into global central bank policy, soon hidden. It is so controversial and deadly to the global financial structures that it will go hidden, and attempt to avoid the furious anger in feedback by global leaders. This is the most important and powerful of all 50 factors in my view.

11)  The FedFunds Rate is stuck near 0%, yet the actual CPI is near 10%, for a real rate of interest of minus 9%. Historically a negative real rate of interest has been the primary fuel for a Gold bull. This time the fuel has been applied for a longer period of time, and a bigger negative real rate than ever.

12)  The USGovt claims to have 8000 tons of Gold in reserve, but it is all in Deep Storage, as in unmined ore bodies. The collateral for the USDollar and USTreasury debt is vacant. It is in raw form like in the Rocky Mountain range or Sierra Nevada range.

13)  Fast rising food prices, fast rising gasoline prices, and fast rising metals, coffee, sugar, and cotton serve as testament to broad price inflation. So far it has shown up on the cost structure. Either the business sector will vanish from a cost squeeze or pass on higher costs as end product and service price increases.

14)  The entire world seeks to protect wealth from the ravages of inflation & the American sponsored QE by buying Gold & Silver. The rest of the world can spot price inflation more effectively than the US population. The United States is subjected to the world’s broadest and most pervasive propaganda in the industrialized world.

15)  The European sovereign debt breakdown with high bond yields in PIIGS nations points out the broken debt foundation to the monetary system. The solutions like with Greece in May 2010 were a sham, nothing but a bandaid and cup of elixir. Spain is next to experience major shocks that destabilize all of Europe again, this time much bigger than Greece. The Portuguese Govt debt rises toward 10% on the 10-year yield, while the Greek Govt debt has risen to reach 20% on the 2-year yield.

16)  Germany is pushing for Southern Europe bank climax in their Euro Central Bank rate hike. Europe will be pushed to crisis this year, orchestrated by the impatient and angry Germans. They have no more appetitive for $300 to $400 billion in annual welfare to the broken nations in Southern Europe.

17)  Isolation of the USFed and Bank of England and Bank of Japan has come. The small rate hike by the European Central Bank separated them finally. The Anglos with their Japanese lackeys are the only central banks not raising rates. With isolation comes all the earmarks on the path to the Third World.

18)  The shortage of gold is acute, as 51 million gold bars have been sold forward versus the 11 million held by the COMEX in inventory. Be sure that hundreds of millions of nonexistent fractionalized gold ounces are polluting the system. Word is getting out that the COMEX is empty of precious metals.

19)  Such extreme Silver shortage has befallen the COMEX that the corrupted metals exchange routinely offers cash settlement in silver with a 25% bonus if a non-disclosure agreement is signed. The practice cannot be kept under wraps, as some hedge funds push for fat returns in under two months holding positions with delivery demanded.

20)  China has begun grand initiatives to replace its precious metal stockpiles. They are pursuing the Yuan currency to become a global reserve currency. As they build collateral for the Yuan, they are also elevating Silver as reserves asset.

21)  A global shortage of Gold & Silver has been realized in national mint production. From the United States to Canada to Australia to Germany, shortages exist. Many interruptions will continue amidst the shortages, which feed the publicity.

22)  The Teddy Roosevelt stockpile of 6 billion Silver ounces was depleted in 2003. He saw the strategic importance of Silver for industrial and military applications. The USEconomy and USMilitary will turn into importers on the global market.

23)  The betrayal of China by USGovt in Gold & Silver leases is a story coming out slowly. The deal was cut in 1999, associated with Most Favored Nation granted to China. But the Wall Street firms broke the deal, betrayed the Chinese, and angered them into highly motivated action. No longer are the Chinese big steady USTBond buyers, part of the deal also.

24)  Every single US financial market has been undermined and corrupted from grotesque intervention, constant props, and fraudulent activity. The degradation has occurred under the watchful eyes of compromised regulators. Fraud like the Flash Crash and NYSE front running by Goldman Sachs is protected by the FBI henchmen.

25)  The USEconomy operates on a global credit card, enabling it to live beyond its means. The USGovt exploits the compulsory foreign extension of credit in USTBonds, by virtue of the USDollar acting as global reserve currency. Foreign nations are compelled to participate but that is changing.

26)  The USMilitary conducts endless war adventures for syndicate profits. They use the USTreasury Bond as a credit card. The wars cost of $1 billion per day is considered so sacred, that it is off the table in USGovt budget call negotiations, debates, and agreements.

27)  Narcotics funds have proliferated under the USMilitary aegis. The vertically integrated narcotics industry is the primary plank of nation building in Afghanistan. The funds keep the big US banks alive from vast money laundering.

28)  No big US bank liquidations have occurred, despite their deep insolvency. Any restructure toward recovery would have the liquidations are the first step. The USEconomy is stuck in a deteriorating swamp since the Too Big To Fail mantra prevents the urgent but missing step.

29)  The unprosecuted multi-$trillion bond fraud over the last decade has harmed the US image, prestige, and leadership. The main perpetrators are the Wall Street bankers and their lieutenants appointed at Fannie Mae and elsewhere. They bankers most culpable remain in charge at the USDept Treasury and other key supporting posts like the FDIC, SEC, and CFTC.

30)  The ugly daughters Fannie Mae and AIG are forever entombed in the USGovt. They operate as black hole expenses whose fraud must be contained. The costs involved are in the $trillions, all hidden from view like the fraud. Fannie Mae remains the main clearinghouse for several $trillion fraud programs still in operation.

31)  The US banking system cannot serve as an effective credit engine dispenser, an important function within any modern economy. It is deeply insolvent, and growing more insolvent as the property market sinks lower in valuation. The banks lack reserves, and hide their condition by means of the FASB permission to use fraudulent accounting.

32)  The big US banks are beneficiary of continuous secret slush fund support from the USGovt and USFed. Their sources and replenishments have been gradually revealed. The TARP Fund event will go down in modern history as the greatest theft the world has ever seen, easily eclipsing the biggest mortgage bond fraud in history.

33)  The insolvent big US banks continue to sit at the  USGovt teat. The vast umbilical cord of banker welfare has not gone away. Goldman Sachs still is in control of the funding machinery.

34)  The shadow banking system based upon credit derivatives keeps interest rates near 0%. The usury cost of money is artificially low near nothing. As money costs nothing, capital is actively and rapidly destroyed.

35)  A vast crime syndicate has taken control of the USGovt. A vast crime syndicate has taken control of the USMilitary. A vast crime syndicate has taken control of the USCongress. A vast crime syndicate has taken control of the US press networks.

36)  A chronic decline of the US housing sector keeps the USEconomy in a grand decline with constant deterioration. With one million bank owned homes in inventory, a huge unsold overhang of supply prevents any recovery of housing prices. Home equity continues to drain, and bank balance sheets continue to erode.

37)  Over 11 million US homes stand in negative equity. The sum equals to 23.1% of households. They will not participate much in the USEconomy, except when given handouts. They have become downtrodden.

38)  The USEconomy will not benefit from a export surge. The US industrial base has no critical mass after 30 years of dispatch to the Pacific Rim & China. The industry must contend with rising costs in offset to the falling USDollar, which is cited as providing the mythical benefit. Then can export in droves if they do so at a loss.

39)  A global revolt against the USDollar is in its third years. The global players work to avoid the US$ usage in trade settlement. Several bilateral swap facilities flourish, mostly with China. If China supplies products, then the Yuan currency will be elevated to global reserve currency.

40)  Global anger and resentment over three decades has spilled over. The World Bank and IMF have been routinely used by the US bankers to safeguard the USDollar and Anglo banker hegemony. Neither financial agency commands the respect of yesteryear.

41)  A middle phase has begun in a powerful Global Paradigm Shift. The transfer moves power East where the wealth engines of industry lie, far from the fraudulent banking centers. The next decade will feature the Chinese as bankers, since their war chest contains over $3 trillion.

42)  The crumbling global monetary system was built on toxic sovereign debt. Legal tender has been nothing more than denominated debt posing as legitimate by legal decree. That is what word FIAT means. The system is gradually breaking in an irreversible manner.

43)  The global central bank franchise system has been discredited. It is a failure, which is not recognized by the bank leaders still in charge. The stepwise process of ruin continues with a new sector falling every few months. Next might be municipal bonds.

44)  Witness the final phase of a systemic cycle, as the monetary system has run its course. It is saturated with debt from faulty design. The deception cited in the mainstream media focuses upon the credit cycle which will renew. It will not. It will break of its own weight and lost confidence.

45)  The recognition has grown substantially that suppression of the Gold price has been the anchor holding fiat system together. The Chinese realize that Gold, when removed, leads to the collapse of the US financial system. They realize it more than the US public. But the syndicate in control of the USGovt understands the concept very well, as they designed the system.

46)  The institution of a high level global barter system might soon take root. Gold will sit at its central core, providing stability. No deadbeat nations will participate. That includes the United States and several European nations. The barter system will be as effective as elegant.

47)  The movements spread like wildfire in several US states to reinstitute gold as money. In a few states, led by Utah and Virginia, progress has been made for Gold to satisfy debts, public & private. Consider the movement to be in parallel to the Tenth Amendment movements.

48)  Anglo bankers have lost control in global banking politics. The phased out G-7 Meeting is evidence. China has wrested control of G-20 Meeting, and has dictated much of its agenda in the last few meetings. The US has been reduced to a diminutive Bernanke and Geithner being ignored in the corner.

49)  New loud stirrings by Saudi Arabia seek a new security protector. If security is no longer provided by the USMilitary, then the entire defacto Petro-Dollar standard is put at risk. Remove the crude oil sales in USDollars exclusively, and the US sinks into the Third World with a USDollar currency that cannot stand on its own wretched wrecked fundamentals.

50)  The IMF solution to use SDR basket as global reserve is a final desperate ploy. By fashioning a basket of major currencies in a basket, they attempt to enforce a price fixing regime. It is a hidden FOREX currency exchange rate price fixing gambit that will invite a Gold price advance in uniform manner across the currencies bound together. This ploy is being planned in order to prevent the USDollar from dying a horrible death at the expense of the other major currencies. By that is meant at the expense of the other major economies which would otherwise have to operate at very high exchange rates.

THE BIGGEST UPCOMING NEW FACTORS

Introduction of a New Nordic Euro currency is near its introduction. The implementation with a Gold component will send Southern European banks into the abyss, marred by default. The new currency has the support from Russia and China, even the Persian Gulf. In my view, it is a USDollar killer. The first nations to institute a new monetary system for banks and commerce will be the survivors. The rest will slide into the darkness of the Third World.

Gold & Silver seem to be the only assets rising in price, an extension of a terrific 2010 decade. The exceptions are farmland and the US Stock market. However, stock valuations are propped by constant and admitted USGovt support. Their efforts are mere attempts to keep pace with the USDollar decline, as stocks merely maintain a constant purchase power.

A hidden overarching hand seeks the global Gold Standard as the bonafide solution. Darwin is at work, but Adam Smith turns a new chapter. The crumbling monetary solution demands a solution. Further investment in the current system assures a devastating decline into the abyss of insolvency and ruin.

THE HAT TRICK LETTER PROFITS IN THE CURRENT CRISIS.

From subscribers and readers:

At least 30 recently on correct forecasts regarding the bailout parade, numerous nationalization deals such as for Fannie Mae and the grand Mortgage Rescue.

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(ScottN in Washington)

When I initially read your writings, they provoked a wide range of emotions in me from fear and anger to outright laughter. Initially some of your predictions ranged from the ridiculous to impossible. Yet time and again, over the past five years, I have watched with incredulity as they came true. Your analysis contains cogent analysis that benefits from a solid network of private contacts coupled with your scouring of the internet for information.”

(PaulM in Missouri)

“Your analysis is absolutely superior to anything available out there. Like no other publication, yours places a premium on telling the truth and provides a true macro perspective with forecasts that are uncannily accurate. I eagerly await each month’s issues and spend hours reading and studying them. Many times I go back and re-read the most current issue just make sure I did not miss anything the first time!”

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Jim Willie CB is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics. His career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Visit his free website to find articles from topflight authors at  www.GoldenJackass.com. For personal questions about subscriptions, contact him at  JimWillieCB@aol.com

50 FACTORS LAUNCHING GOLD

[Contrary Investors Cafe]

Truth, Propaganda and Media Manipulation

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Never before has it been so important to have independent, honest voices and sources of information. We are – as a society – inundated and overwhelmed with a flood of information from a wide array of sources, but these sources of information, by and large, serve the powerful interests and individuals that own them. The main sources of information, for both public and official consumption, include the mainstream media, alternative media, academia and think tanks. The mainstream media is the most obvious in its inherent bias and manipulation. The mainstream media is owned directly by large multinational corporations, and through their boards of directors are connected with a plethora of other major global corporations and elite interests. An example of these connections can be seen through the board of Time Warner. Time Warner owns Time Magazine, HBO, Warner Bros., and CNN, among many others. The board of directors includes individuals past or presently affiliated with: the Council on Foreign Relations, the IMF, the Rockefeller Brothers Fund, Warburg Pincus, Phillip Morris, and AMR Corporation, among many others.

Two of the most “esteemed” sources of news in the U.S. are the New York Times (referred to as “the paper of record”) and the Washington Post. The New York Times has on its board people who are past or presently affiliated with: Schering-Plough International (pharmaceuticals), the John D. and Catherine T. MacArthur Foundation, Chevron Corporation, Wesco Financial Corporation, Kohlberg & Company, The Charles Schwab Corporation, eBay Inc., Xerox, IBM, Ford Motor Company, Eli Lilly & Company, among others. Hardly a bastion of impartiality. And the same could be said for the Washington Post, which has on its board: Lee Bollinger, the President of Columbia University and Chairman of the Federal Reserve Bank of New York; Warren Buffett, billionaire financial investor, Chairman and CEO of Berkshire Hathaway; and individuals associated with (past or presently): the Coca-Cola Company, New York University, Conservation International, the Council on Foreign Relations, Xerox, Catalyst, Johnson & Johnson, Target Corporation, RAND Corporation, General Motors, and the Business Council, among others. It is also important to address how the mainstream media is intertwined, often covertly and secretly, with the government. Carl Bernstein, one of the two Washington Post reporters who covered the Watergate scandal, revealed that there were over 400 American journalists who had “secretly carried out assignments for the Central Intelligence Agency.” Interestingly, “the use of journalists has been among the most productive means of intelligence-gathering employed by the CIA.” Among organizations which cooperated with the CIA were the “American Broadcasting Company, the National Broadcasting Company, the Associated Press, United Press International, Reuters, Hearst Newspapers, Scripps-Howard, Newsweek magazine, the Mutual Broadcasting System, the Miami Herald and the old Saturday Evening Post and New York Herald-Tribune.”

By far the most valuable of these associations, according to CIA officials, have been with the New York Times, CBS and Time Inc. The CIA even ran a training program “to teach its agents to be journalists,” who were “then placed in major news organizations with help from management.” These types of relationships have continued in the decades since, although perhaps more covertly and quietly than before. For example, it was revealed in 2000 that during the NATO bombing of Kosovo, “several officers from the US Army’s 4th Psychological Operations (PSYOPS) Group at Ft. Bragg worked in the news division at CNN’s Atlanta headquarters.” This same Army Psyop outfit had “planted stories in the U.S. media supporting the Reagan Administration’s Central America policies,” which was described by the Miami Herald as a “vast psychological warfare operation of the kind the military conducts to influence a population in enemy territory.” These Army PSYOP officers also worked at National Public Radio (NPR) at the same time. The US military has, in fact, had a strong relationship with CNN. In 2008, it was reported that the Pentagon ran a major propaganda campaign by using retired Generals and former Pentagon officials to present a good picture of the administration’s war-time policies. The program started in the lead-up to the Iraq War in 2003 and continued into 2009. These officials, presented as “military analysts”, regurgitate government talking points and often sit on the boards of military contractors, thus having a vested interest in the subjects they are brought on to “analyze.” The major philanthropic foundations in the United States have often used their enormous wealth to co-opt voices of dissent and movements of resistance into channels that are safe for the powers that be. As McGeorge Bundy, former President of the Ford Foundation once said, “Everything the Foundation does is to make the world safe for Capitalism.” Examples of this include philanthropies like the Rockefeller Foundation, Ford Foundation and the John D. and Catherine T. MacArthur Foundation providing immense financial and organizational support to Non-Governmental Organizations. Furthermore, the alternative media are often funded by these same foundations, which has the effect of influencing the direction of coverage as well as the stifling of critical analysis.

Global Research

Truth, Propaganda and Media Manipulation

[What’s Pissed Me Off]

More On “Chernobyl Solution” At Fukushima As Prime Minister Says Japan Releasing All Information It Has

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Following now pervaseive allegations of a massive Fukushima accident cover up by the Japanese government including non-disclosure of real radioactive levels, the Japanese Prime Minister Naoto Kan said on Friday that the government has been dislosing all the information it has on the accident at the Fukushima Daiichi nuclear power plant according to Reuters. “We have been honestly saying that the situation with the nuclear plant accident remains very serious,” he said in a televised address to the Japanese people marking one week since a devastating earthquake and tsunami struck northeast Japan. At this point we are willing to believe him: judging by the increasingly improvised Japanese response to the catastrophe nobody has any idea what is really going on or how to handle it properly. Which is why very expect to hear increasingly more about the “Chernobyl solution” – or the shotgun “resolution” of the problem by literally burying it in sand. From Reuters: “A “Chernobyl solution” may be the last resort for dealing with Japan’s stricken nuclear plant, but burying it in sand and concrete is a messy fix that might leave part of the country as an off-limits radioactive sore for decades. Japanese authorities say it is still too early to talk about long-term measures while cooling the plant’s six reactors and associated fuel-storage pools, comes first. “It is not impossible to encase the reactors in
concrete, but our priority right now is to try and cool them down
first,” a Tokyo Electric Power official told a briefing on Friday.
” Alas if and when the plan to restore power to blown up cooling plants (has anyone actually seen the before and after pics of the reactor) fails, this will be the only option.

From Reuters:

“It’s just not that easy,” Murray Jennex, a professor at San Diego State University in California, said when asked about the so-called Chernobyl option for dealing with damaged reactors, named after the Ukrainian nuclear plant that exploded in 1986.

They (reactors) are kind of like a coffee maker. If you leave it on the heat, they boil dry and then they crack,” he said.

“Putting concrete on that wouldn’t help keep your coffee maker safe. But eventually, yes, you could build a concrete shield and be done with it.”

Experts say the cores at the six battered reactors at the Fukushima Daiichi power plant, 240 km (150 miles) north of Tokyo, are likely to be safely contained, but worry about the cooling pools for spent fuel, one of which contains plutonium.

So far, authorities have failed to cool the pools, where normally water circulates continuously, keeping racks of spent nuclear fuel rods at a benign temperature.

Helicopters and water cannon trucks have dumped tonnes of water on the reactors, but still the water in the pools is evaporating and the rods are heating up. It is also feared that the quake has smashed the rods into each other, which could cause a nuclear reaction.

“It is not impossible to encase the reactors in concrete, but our priority right now is to try and cool them down first,” a Tokyo Electric Power official told a briefing on Friday.

The only problem with the Chernobyl Solution is that it doesn’t really ever work out quite as planned.

 At Chernobyl, an army of workers conscripted by the then Soviet government buried the reactor in tonnes of sand, then threw together a concrete container known as the “sarcophagus” within months of the fire and explosion there.

It failed to set properly and it cracked, leaking radiation into the atmosphere and water. Partly supported by the damaged walls of the reactor building, it has had to be reinforced.

Under a new plan for Chernobyl, a massive structure will be assembled away from the reactor at a cost of billions of dollars, then slid into place over the existing sarcophagus.

Chernobyl-style methods would be even more difficult at Fukushima Daiichi, given the number of reactors involved.

As Japanese officials have said, cooling is still the top priority. Pouring sand onto hot fuel could theoretically produce glass, and that same heat would prevent working on a durable concrete shell.

That means the stricken complex is likely to become an open sore, leaking radioactive particles into the atmosphere, for weeks and possibly months before the Chernobyl solution could even be implemented.

Authorities say radiation outside the Japanese plant is not high enough to cause harm. Still, the 20 km (12 mile) exclusion zone around the plant may end up as a permanent no-man’s land, a major problem for small, populous country.

A 30 km (19 mile) exclusion zone remains around Chernobyl.

There is supposedly good news though…

Tokyo, though, is likely to remain largely unscathed no matter what happens because of its distance from the reactors, no matter how nervous its citizens may be.

It is not accidental that the nuclear plant was built so far away from Japan’s biggest city, said Yuki Karakawa, international coordinator at the International Association of Emergency Managers, an extension of the U.S. Federal Emergency Management Agency.

“Those reactors in Fukushima are there for Tokyo’s power and Tokyo’s benefit, not for Fukushima’s,” he added. “After all, Tokyo is more than 200 kilometres away.”

We wonder which expert was consulted on the “Tokyo is safe” determination considering the prime minister of the crisis stricken country still has no idea what is going on. But yes, massive media propaganda certainly was another side effect of the Chernobyl Solution, and unfortunately so were up to a million deaths.

More On “Chernobyl Solution” At Fukushima As Prime Minister Says Japan Releasing All Information It Has

[zero hedge]

Written by testudoetlepus

March 18th, 2011 at 3:23 pm