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  • Archive for February, 2009

    CIA & US Military May Intervene in Mexico Before it Implodes

    Posted by commendatori on February 28, 2009

    Drug-related violence in Mexico is escalating at an alarming rate and threatening the government of President Felipe Calderon.

    CIA and U.S. military planners now fear a worst-case scenario — that the country could implode.

    The American military is quietly stepping in with more training.

    It seems that every night in Mexico there are reports of drug-related violence — murders, kidnappings, armed battles with police, narco-traffickers who outgun even the Mexican army with their rocket-propelled grenades.

    “Thousands [have been] murdered this year,” says retired Army Gen. Barry McCaffrey, who served as U.S. drug czar under President Clinton. He visited Mexico recently and painted a desperate picture.

    “I mean squad-sized units of police officers and soldiers abducted, tortured to death, decapitated. So the violence is simply shocking and we’ve got to help,” he says.

    The violence led the CIA to add Mexico to its list of crises to watch over the next year, alongside longstanding problems like al-Qaida. And U.S. military planners fear Mexico could become a failed state.

    So, what would that mean for the United States?

    “You have maybe unplanned or unanticipated migration of people” into the U.S. to flee the violence, says Navy Capt. Sean Buck, a strategic planner with the Pentagon’s Joint Forces Command. “You have a humanitarian situation in which we may feel compelled to respond to with other nation states and partners.”

    The sort of humanitarian situation that the U.S. finds in places like Africa.

    So, the American military, including the National Guard, would find itself providing temporary shelter, and food and water both inside Mexico and for those fleeing into the United States.

    Of course, that’s the worst-case scenario being played out by military and intelligence officials. Analysts like Peter DeShazo, a former State Department official with extensive experience in Central America, says to prevent that from happening the United States has to do more to help President Calderon’s stated campaign to “clean up Mexico.”

    “It’s a matter of the Mexican government strengthening its capabilities to effectively enforce the law against a very well-armed and very well-financed criminal organization,” he says.

    But how?

    McCaffrey and others say the Mexican police just aren’t up to the job of fighting the drug cartels.

    “Their municipal police, in many cases, are quasi-criminal organizations. Or they’re intimidated or they’re outgunned,” he says.

    Calderon has so far mobilized some 25,000 troops to fight the drug cartels.

    U.S. Army Special Forces soldiers recently started to train Mexican army commandoes. And the Marine Corps also is working on an exchange program with the Mexican Marine Corps that will include sharing experiences on urban warfare.

    That’s all troubling to some, who say Mexico risks more human rights abuses if it uses a powerful force like its military to fight drug gangs. Mexico’s Human Rights Commission says soldiers have committed abuses, including rape.

    Louise Arbour, the U.N. high commissioner for human rights, recently told a Mexican television network, “The Mexican army should not be doing the job of police,” calling it “frankly dangerous.”

    DeShazo, the former State Department official, says the Americans should focus more on helping the Mexican police.

    “Law and order is the work of police under normal circumstances,” he says. “So police reform and strengthening professionalization of the police in Mexico is very important.”

    But these are not normal circumstances, say Pentagon officials involved in the Mexican military training. Strengthening the police is needed. But in the short term, says McCaffrey, the Mexican government must rely on its military to take on the drug cartels.

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    The Bi-polar Manipulation of the Ego, Unconsciously Serving the New World Order

    Posted by commendatori on February 28, 2009

    herrman_goering

    The Bi-polar manipulation of the Ego

    The ego in humanity, individually and collectively, is a possessing entity which is an illusion in itself. It was born in fear, feeds on fear, and is manipulated in fear; fear in all it’s branches and manifesting archetypes. Therefore the pain and dysfunction on the planet is rooted in fear and all of it’s fractions.

    The science of manipulation is a well studied art amongst the “elite”, and is applied through the subversive use of the occult, to subliminally influence the sub-conscious fears the ego is rooted in. Through the hegelian dialectic

    the ego is manipulated on a collective level through the equation of, thesis +antithesis = synthesis. This equation passes through the form of the machiavellian protocol of, problem – reaction – solution. The examples of content that pass through this form and equation are numerous, but 9-11 is the most pertinent hegelian event to understand this science of

    manipulation through the effects that followed and surround that event.

    Equation + Form (Content) = Social Engineering

    The science of manipulation is well studied and practiced by the secret

    society networks of the old world that are still with us today, having manifested themselves in it’s more modern forms as “intelligence” agencies; CIA , MI6(Britain), Mossad(Israel), ISI(Pakistan), and so forth. In fact in military circles this science is known as psychological warfare or psy-ops(psychological operations).

    This science works very much like music theory does in regards to music when it is applied and then can be called social engineering. The manipulating of societies by directing the forward inertia of the social trends and ideologies, implanting people with what to “think” or by diverting people from thinking at all with events of no real importance.

    This is ego manipulating ego in a concerted effort. Societies are played or directed much like a maestro would an orchestra by the tune of “the end justifies the means”. Human beings are objects to be used as seen fit by the orchestrating “elite” to justify the end of what they seek, being the new world order global dictatorship.

    For most of the public the ego works through the unconsciousness in them, while the “elite” consciously employ the ego and seek to be further possessed by it. This is why they conduct the satanic rituals they do, to strengthen the influence of the ego within themselves and to traumatize the victims of their machinations into unconscious servitude to them. These satanic rituals provide this for their mind controlled slaves as well is done in public rituals such as 9-11.

    This is the applied science of manipulation at work, it is not creative and therefore is limited in scope. The content can always be changed, but the equation and form or theory at work does not.

    If people would cease to be lulled into this game by the manipulating unconscious agent within themselves(the ego), this social engineering could not take place. The content is numerous the method is not, but there are so many ego identities tailored and sold to the people that it in-turn creates a compartmentalized society that is very easily manipulated. Out of this manifest the hierarchical control paradigm or the pyramidal control structure that arises from this ego identification that is encouraged in the education system. Hence it is the reason professions have become highly “specialized” to reinforce this compartmentalization throughout society. It is also the reason why children from a young age are encouraged to want “to be something when they grow up”, when they should only be encouraged to be themselves and to follow their hearts.

    All life is interconnected, because people have been fooled into believing otherwise, the compartmentalization of society has occurred, the “elite” being well aware of this phenomena at work within human beings. That is why everything that has to do with a holistic approach is suppressed , from science to technology to health. Because it threatens the monopoly of control that the “elite” have held for so long and the only way it continues is because people continue to play along.

    Consider this one fact and know that it applies to all of life in a multi-faceted manner. That a tree breathes out oxygen and we breath it in, and that we breath out carbon dioxide and the tree breathes it in. Hence the lessons are in nature and this is where true solutions are to be found, by comprehending and copying nature while also removing all of the content of the new world order that is at the root of the problems to begin with. We are not in this dire position we find ourselves today because of human stupidity, rather it is happening by design coupled with the exploitation of human naiveté.

    Related Article :
    Mass Mind Control Through Network Television – by Alex Ansary
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    Majority Of U.S. States Join Sovereignty Movement, Assert 10th Amendment Rights

    Posted by commendatori on February 26, 2009

    February 23, 2009

    A majority of states have bills passed or have proposed bills which affirm 10th Amendment rights. Some affirm additional rights and/or give specific reasons. New Hampshire has written the most aggressive legislation.

    With the economy collapsing, it is a very real and immediate danger that the federal government can turn into a completely criminal and fascist government. They’ll put foreign troops on their streets. They’ll grab people to put in forced labor or concentration camps if they are unemployed or protesting. They’ll conduct experiments on these prisoners.

    This is especially true since a private corporation owned by a small group of people, who own over half the world’s wealth, control our currency and monetary policy through the Federal Reserve. They also have such power over the world as a whole through the World Bank, IMF, most other national central banks, numerous well-funded non-government organizations, and numerous corrupted government officials.

    The Federal Reserve owners want the economy to collapse so they can grab real assets and power. Their whole monetary system is a giant ponzi scheme designed to fail because money is based on the issuance of debt, and the interest owed is not put into the system except through more debt with more interest.

    The stock market has dropped 50% in value since this started last year. This is a great depression. The unemployment will rise. The spending of the two bailouts plus the trillions the Federal Reserve has printed will cause inflation to rise sharply. This same situation happened to the Soviet Union. This is not just an economic recession.

    This is not just about mortgages since the value of mortgages is much less than the spending packages. The financial releveraging of the mortgages in the form of financial derivatives has magnified the problem. Giving loans to high risk individuals and giving ARM loans did stimulate the problem. The manipulation of oil prices through dollar devaluation and speculation also helped stimulate problem.

    This current economic problem is largely due to the fact that we’ve been existing on borrowed time, running huge trade deficits and growing debt exponentially. Our assets now exceed our debt. We now owe more interest on our debts than we can possibly earn. The debt ponzi scheme our currency is based has busted and has started the process of collapse. We can’t spend our way out of this because we’re out of assets and out of credit.

    This group of men who own most of the world’s currencies and wealth want complete centralized control of printing money. They also want a powerful undemocratic regional and world government which can usurp the sovereignty of national governments. They want more European Unions. They want a stronger United Nations. They want to push their own agendas, which include population reduction through eugenics. The threat is real and well documented in policy documents and in the mainstream press.

    The Federal Reserve is doing to the United States exactly what the IMF and World Bank do to third world nations. Unless we wake up and get our head out of our fluoride and Prozac ass, we’re going to find ourselves as a third world nation, if not in the middle of World War III, the Fourth Reich, civil war, and revolution.

    The only way we can stop the U.S. government and these banks is through the states. If the states are united, the people are united. If the people are united, the U.S. government ceases to function, and the states are able to reform a functioning and lawful U.S. government instead of the completely corrupt, rogue, destructive, and lawless federal government we have now.

    Armed rebellion is not going to work. It will just result in a lot of dead people because the U.S. government has excessive firepower. Violent rebellion is exactly what the men in control of our money want.

    I encourage everyone to write, email, or call their state legislatures to encourage the passage of such bills. You may also wish to contact your Federal Reserve senators and representative letting them know you’ve lost faith in their ability to represent the people of the United States.

    We need stronger legislation with stronger teeth to make a stand peacefully and legally. We must act to prevent what is happening in Arcadia, Iowa, with the Iowa National Guard training for door-to-door gun confiscation.

    We can’t allow the U.S. government to continue to usurp state sovereignty. If we allow the U.S. government to do this, we’re going to have a lot of dead people in this nation because a lot of people aren’t going to give up their guns and aren’t going to tolerate the U.S. military, corporate militias, and foreign troops invading their communities and homes.

    The states may be forced to stand down. However, we started the process of thinking locally to solve our problems and to make it through these tough times. We want local, responsible, and focused local and state law enforcement to maintain order. We don’t want foreign troops and the U.S. military to do this for us.

    We should consider training our local and state law enforcement to stop such door-to-door terrorism by agents of the U.S. government and the Federal Reserve. We should consider making it a high crime in the state for a federal official to offer a bribe or give threats and a high crime to receive such a bribe. We should consider forming voluntary local and state minutemen under the authority of local and state government to maintain order in emergencies.

    Whether you agree with everything I put forth or not, a majority of the people do believe the U.S. government is corrupt, out-of-control, and don’t represent the interests of the people. If you don’t agree, you haven’t done the research nor have you paid close enough attention to the news. We’re on the verge of major crisis and change.

    Here are a list of states who have passed or proposed bills to affirm 10th Amendment rights. I have not verified which bills have passed though many of them have been passed. Many of them are very new. We need to continue to encourage the states to take more specific action because of the very real dangers. I’ll try to keep this list updated with links.

    2009: Arkansas – 9th Amendment, 10th Amendment, Funding Issues

    2009: Arizona – 9th Amendment, 10th Amendment

    1994: California – 10th Amendment

    1995/96: Georgia – 10th Amendment

    2009: Georgia – 10th Amendment

    2009: Kansas – 10th Amendment

    [NEW] 2009: Kentucky – 10th Amendment

    1997/98: Louisiana – Sovereignty Constitutional Amendment

    2009: Michigan – 10th Amendment

    2009: Minnesota – 10th Amendment

    2009: Missouri – Freedom of Choice Act (Abortion), 10th Amendment

    2009: Montana – 9th Amendment, 10th Amendment, 2nd Amendment

    2009: New Hampshire – 9th Amendment, 10th Amendment, Federal Reserve, Taxes, Martial Law, 2nd Amendment, Draft/War, Patriot Act, Labor Camps, 1st Amendment

    2008: Oklahoma – 10th Amendment, (Other Legislation: No Child Left Behind, Real ID Act)

    2009: Oklahoma – 9th Amendment, 10th Amendment, Funding Issues

    2009: South Carolina – 9th Amendment, 10 Amendment, Martial Law and Related, 1st Amendment, 2nd Amendment

    2009: Tennessee – 10th Amendment

    2009: Texas – 9th Amendment, 10th Amendment, Funding Issues

    1995: Utah [Number: HJR003, Session: 1995] – 10th Amendment

    2009: Utah – Real ID Act

    2009: Washington – 10th Amendment

    * Proposed: Alabama – 9th Amendment, 10th Amendment

    * Proposed: Alaska

    * 1994: Colorado – 10th Amendment

    * 1995: Florida – 10th Amendment

    * Proposed [HJM RS18517]: Idaho – 10th Amendment

    * Proposed: Indiana – 10th Amendment

    * Proposed: Iowa – 10th Amendment

    * Proposed: Maine

    * Proposed: Nevada

    * Proposed: Ohio – 10th Amendment

    * Proposed: Pennsylvania – 10th Amendment

    * Proposed: Virginia – 10th Amendment

    * Proposed: West Virginia – Same As New Hampshire

    Republic of Lakotah – Full Independence

    Hawaii – Full Independence

    * Not verified with the actual state and may have not yet been filed with the state.

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    Nightmare on ELM Street’s Dinner Table: Thank You Monsanto

    Posted by commendatori on February 26, 2009

     

    The Natural Solutions Foundation, the leading Global Health Freedom organization, is proud to present this information to you. We protect your right to know about – and to use – natural ways to maintain and regain your health, no matter where in the world you live. Among your freedoms is the right to clean, unadulterated food free of genetic manipulation, pesticides, heavy metals or other contaminants and access to herbs, supplements, frequency devices and other means as therapies that may benefit or to protect your well-being without drugs and other dangerous interventions, if you choose.

     

    For more information on our global programs, including the International Decade of Nutrition, and our US based ones, please visit us at HealthFreedomUSA.org and GlobalHealthFreedom.org and join the free email list for the Health Freedom eAlerts to keep you in the loop, informed and active defending your right to make your own decisions about your health and wellbeing!

    Our activities are supported 100% by your tax deductible donations.

     

    Feel free to disseminate this information as widely as possible with full attribution.

    Yours in health and freedom,

    Dr. Rima

     

    Rima E. Laibow, MD

    Medical Director

    Natural Solutions Foundation

    Nightmare on Elm Street’s Dinner Table. Thank you, Monsanto!

     

    [Highly Recomended, the documentary: The World According to Monsanto]

     

    Just in case you thought it was fine to eat Genetically Modified foods (better identified as “FrankenFoods”), along comes a study which makes it clear that you are eating this make believe non-food at your own peril and, worse yet, you are feeding it to your kids at their peril as well. It is important to note that Codex Alimentarius, which sets standards for the international trade of food, permits genetically modified foods and makes no effort to limit, control or eliminate them. In fact, the US has been trying for years to prevent the labeling of GM foods and seed in international trade to emulate its domestic policy which prohibits any label indication that foods contain GM ingredients, as 75-80% of all foods sold in the US do.

     

    Now it appears that the increasingly prevalent nightmare of a disease called “Morgellon’s Disease” may be a result of GM crops and food.

     

    Morgellon’s Disease was first described when a woman’s 3 year old son developed rashes and intensely itchy sores which produced weird multicolor fibers emerging from his skin. She put up a website about the condition in 2001 and named it “Morgellons Disease” after a 17th century report of a similar affliction.

     

    As it always does, the allopathic community of Western, drug-oriented physicians labeled sufferers as delusional. As a physician, I have a great deal of difficulty explaining how a delusion can produce colored fibers which protrude from the skin and continue to grow in a petri dish. Be that as it may, the multicolored fibers produced by the “delusion” have been analyzed and we now know that Morgellon’s Disease is no longer rare, nor is it mysterious any longer. A study of the fibers shows that they contain DNA from both a fungus and a bacterium which are used in the commercial preparation of genetically modified foods and non-food crops (such as cotton). The fibers themselves are primarily cellulose, which the human body cannot breakdown or manufacture. So GM technology apparently has, like Professor Frankenstein, found a way to animate the non living. These fibers twist and twine, grow and divide. In short, living beneath the skin of people, they form parasitic lesions out of what should be non-living material but which, through the horror of genetic modification, has taken on the characteristics of a living thing.

     

    The symptoms are so unbearable that a number of people suffering from the disorder have committed suicide rather than deal with the unbearable pain, constant feeling of something very much like an insect crawling without stop beneath the skin and unbearable itching any longer. Of course, it is possible to speculate that the attitude of most physicians that the condition is a mental aberration rather than a physical one may not have helped these poor souls to cope with their affliction.

     

    How wide spread is Morgellon’s Disease? Some registries have 1200 or more people but these registrants only represent those who have access to the internet and have stumbled across the registry sites. The disease produces material unlike anything most people have ever seen.

     

     These pictures show fibers removed from lesions on the skin of Morgellon’s Disease sufferers.

     

    No picture, however, can show you the insects crawling under my skin day and night torment of the victims. Frighteningly, some researchers say that every person they have tested has some level of Morgellon’s type pathology in their skin.

     

    If the hypothesis is accurate and the disease is caused by sowing, growing and eating FrankenFood, that would, however, make sense. 75-80 % of all US food contains unlabeled GM ingredients. We have no enzymes or other mechanisms to digest these unnatural components of the materials which the FDA says are the same as food and prohibits labeling of. We have no way of getting rid of the indigestible, toxic or even lethal materials injected into the nucleus of our food by high energy guns and biochemical tricks that nature never thought of.

     

    Given that the US is allowing the greatest biological experiment in the history of human kind, we should not be skeptical about the possibility that this tragic and terrifying disease may be caused by terrifying make-believe food with all-too-real dangers inserted inside them where they cannot be seen, tasted, or otherwise detected by normal means, only by specialized laboratories.

     

    Part of the objective of the Natural Solutions Foundation is to make sure that 3rd world countries have the labs, and the training necessary to determine what food is clean and safe, and what food is damaged by techniques by Genetic Manipulation.

     

    In the meantime, we will be attending a very important Codex meeting in Ottawa. Either the African Pro-health Coalition will hold its ground in the meeting and continue to defy the US and hold fast to their fervent determination to not allow GM seeds into their coutnries and to require substantial labeling on all foods which contain GM components.

     

    Link Between Morgellon’s Disease and GMOs

    by Barbara H. Peterson

     

    Global Research, March 27, 2008

     

    Since the Clinton administration made biotechnology “a strategic priority for U.S. government backing” (1), giant transnational agri-business concerns have aggressively taken over the global food chain by flooding it with Genetically Modified Organisms (GMO) without regard for the consequences to the earth or its inhabitants. This takeover not only has the potential for global economic devastation, but threatens the earth’s population with far-reaching health concerns as well. One health concern that seems to coincide with the GMO revolution is Morgellons disease. What if the advent of Morgellons disease has something to do with the ingestion of GMO foods?

     

    Morgellons Disease – What is it?

     

     

    Very little can be found regarding this disease. Originally, sufferers were told that their problem was imaginary. This was of little comfort to the people who were suffering.

     

    Morgellons Disease sufferers report strange, fiber-like material sticking out of sores or wounds that erupt on the skin. This is accompanied by painful, intense itching, that has been described as “an ever present sensation as if something is crawling under the skin.” (2)

     

    On May 18, 2006, KGW, a local news channel reporting out of the Oregon area published this story:

     

    Strange sickness: Mystery disease horror story (excerpt)

     

    [Dr. Drottar] The disabled family practice doctor felt like bugs were crawling under her skin.

     

    “If I fully tell people what has gone on with me medically, they think they’re in the twilight zone,” said Drottar.

     

    She woke up with the feeling that fluid was flowing just below her skin. Often black or blue hair like fibers protruded from her skin, she said.

     

    “I thought I had been exposed to asbestos. I thought I was having asbestos fibers come out of my skin. I was pulling long, thin, small hair-like fibers that were extremely sharp that could literally pierce through my finger nails,” Drottar said.

     

    In addition to the feeling of bugs and the fibers, Drottar also suffered from severe depression, chronic fatigue and a weakened immune system. As a result, she had to give up her family practice, Drottar said. (3)

     

    Morgellons and GMO – the Link

     

    Little information has been revealed concerning the long-term health effects of GMO crops on humans or animals, and even less information can be had regarding research correlating Morgellons with GMO foods. This is suspicious right off the bat, because it would seem that there would be a natural curiosity regarding a link between Genetically Modified Organisms that people ingest regularly and inorganic fibers that protrude from a person’s skin. This would be right up a geneticist’s alley, and quite worthy of intensive research. So, why aren’t there a ton of published studies? Why is it so difficult finding anything related to this? Could it be that companies such as Monsanto have enough clout to effectively squash these stories? If they have enough clout to ruin countries by deceiving impoverished farmers into purchasing patented GMO seeds, and then take it a step further and force these poor people to purchase seeds year after year instead of harvesting their own, then they have enough clout to ask our more than willing corporate government to manipulate the press…again.

     

    According to Mike Stagman, PhD, “Genetic Engineering is a nightmare technology that has already caused MANY disease epidemics — documented but unpublicized.” (4)

     

    Well Monsanto, you let at least one study slip through. With the help of a couple of search engines, the following article by Whitley Strieber published on October 12, 2007, titled “Skin Disease May Be Linked to GM Food” was found, which concludes that the fibers taken from a Morgellons sufferer contain the same substance that is “used commercially to produce genetically-modified plants.” Here is the article:

     

    Skin Disease May Be Linked to GM Food

    12-Oct-2007

     

    Many people—and most physicians—have written off Morgellons disease as either a hoax or hypochondria. But now there is evidence that this mysterious disease may be REAL and related to GENETICALLY MODIFIED food!

     

    The skin of Morgellons victims oozes mysterious strands that have been identified as cellulose (which cannot be manufactured by the human body), and people have the sensation of things crawling beneath their skin. The first known case of Morgellons occurred in 2001, when Mary Leitao created a web site describing the disease, which had infected her young son. She named it Morgellons after a 17th century medical study in France that described the same symptoms.

     

    In the Sept. 15-21 issue of New Scientist magazine, Daniel Elkan describes a patient he calls “Steve Jackson,” who “for years” has “been finding tiny blue, red and black fibers growing in intensely itchy lesions on his skin.” He quotes Jackson as saying, “The fibers are like pliable plastic and can be several millimeters long. Under the skin, some are folded in a zigzag pattern. These can be as fine as spider silk, yet strong enough to distend the skin when you pull them, as if you were pulling on a hair.”

     

    Doctors say that this type of disease could only be caused by a parasite, but anti-parasitic medications do not help. Psychologists insist that this is a new version of the well-known syndrome known as “delusional parasitosis.” While this is a “real” disease, it is not a physically-caused one.

     

    But now there is physical evidence that Morgellons is NOT just psychological. When pharmacologist Randy Wymore offered to study some of these fibers if people sent them to him, he discovered that “fibers from different people looked remarkably similar to each other and yet seem to match no common environmental fibers.”

     

    When they took them to a police forensic team, they said they were not from clothing, carpets or bedding. They have no idea what they are.

     

    Researcher Ahmed Kilani says he was able to break down two fiber samples and extract their DNA. He found that they belonged to a fungus.

     

    An even more provocative finding is that biochemist Vitaly Citovsky discovered that the fibers contain a substance called “Agrobacterium,” which, according to New Scientist, is “used commercially to produce genetically-modified plants.” Could GM plants be “causing a new human disease?” (5)

     

    GMO – Not on My Watch!

     

    The giant transnational corporations behind the GMO revolution are hitting us in our most vulnerable spot – our bellies. Most people have been brought up with an innate trust that what they purchase from the stores is safe to eat. This is no longer true, since most processed foods contain genetically engineered ingredients that can have disastrous effects on both animal and human health. What you purchase from the corner store might just change your DNA and create such frightening symptoms that the general public simply does not believe it. What is worse is that when you go to the doctor to get help, he/she tells you what you are experiencing is all in your head. This is rubbish! It is up to people who care to make the correlations between what we eat and what happens to our bodies. Remember the old saying – “you are what you eat?” Well, this author believes it is true. More on Morgellons Disease

     

    Notes

    1) Engdahl, F.W. (2007). Seeds of Destruction.

     

    2) Stagman, M. Phd. (2006). GMO Disease Epidemics: Bt-cotton Fiber Disease. Retrieved from http://portland.indymedia.org/en/2006/08/344305.shtml

     

    3) Porter, L. (2006). Strange sickness: Mystery disease horror story. Retrieved from http://www.kgw.com/news-local/stories/kgw_051806_news_sweeps_strange_sickness_morgellons.53b2569a.html

     

    4) Stagman, M. Phd. (2006). GMO Disease Epidemics: Bt-cotton Fiber Disease. Retrieved from http://portland.indymedia.org/en/2006/08/344305.shtml

     

    5) Strieber, W. (2007). Skin Disease Might be Linked to GM Food. Retrieved from

    http://www.unknowncountry.com/news/?id=6486

     

    6) More on Morgensons Disease

     

    Barbara H. Peterson is a Writer and Activist,

    http://spktruth2power.wordpress.com

    http://waronyou.com/2008/12/evidence-suggests-cia-funded-experiments-at-state-hospital/

     

    http://waronyou.com/2008/11/90-percent-of-us-infant-formula-may-be-contaminated-with-melamine-fda-abruptly-declares-chemical-safe-for-babies/

     

    Article Source

     

     

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    The Future of America and It’s “War on Terror”

    Posted by commendatori on February 26, 2009

    war-on-terror

    by Eric Jon Phelps, Vatican Assassins, assisted by Shattering Denial.

    1.   Barry Davis Obama will be inaugurated.   Obama will not be assassinated by the Black Pope’s International Intelligence Community at this time.   Being a mulatto, while professing to be a Protestant Christian as well as a professed Muslim, having been educated in both an Islamic school and a Roman Catholic school, he will be used to unify the diverse American peoples into waging the “War On Terror”/Crusade for Rome.

    2.   We will have a horrible and massive, CIA/Al Qaeda terrorist event.   We believe the cities to be attacked will be, at least, Washington, D.C., Detroit/Windsor and Miami/Ft. Lauderdale.   We read on page 51 from Endgame: The Blueprint for Victory in the War on Terror, by Lt. Gen. Thomas McInerney and Maj. Gen. Paul Valley, with an introduction by Knight of Malta Oliver North:

    “We can only suppose, therefore, that if terrorists were to strike us again they would want to strike a truly devastating blow.   Our nightmare— made more nightmarish because it is so plausible—is that the next strike would consist of the simultaneous detonation of multiple nuclear weapons in many major cities in the United States such as New York, Washington, Detroit, Seattle, Los Angeles, Chicago, Atlanta, Houston, New Orleans and Miami.”

    3.   The terrorist event will ultimately result in:

    * The suspension of the Constitution.
    * Martial Law.
    * The formal moving of the capital to Denver.
    * The unification of American and Canadian militaries.
    * The death of hundreds of Jews in south Florida, that area being known as “The Gold Coast”.
    * The arrival of European troops for “peace keeping”.
    * The Department of Homeland Security exercising full Marital Law powers aided by Blackwater Worldwide.
    * The opening of concentration camps for “enemies of the State”".
    * Gangland warfare against the American peoples.
    * Sealing the borders, ending emigration and implementing “shoot on site” policies.
    * Retaliation against the Shia Muslims of Iran now surrounded by the American Army and Navy.

    4.   With America’s mulatto, Sunni Islamic, President-Elect Barry Davis (alias “Barack Hussien Obama”) advised by the white, Jesuit-trained, Roman Catholic, Vice-President-Elect Joe Biden, Whites and Blacks will be united to fight the Pope’s crusade against Shia Iraq, Shia Iran and Shia Southern Lebanon.

    5.   Infrastructure will continue to be built in Baghdad and Dubai for the revival of the ancient kingdom of Babylon.   The revived kingdom of Babylon will be presently known as the new Sunni Islamic caliphate.   This explains the present Sunni and Wahhabi alliance with Edward Cardinal Egan’s CFR-controlled government in Washington, D.C., directing the Pope’s “Holy Roman” 14th Amendment, Corporate Fascist, Socialist-Communist, American Empire.

    6.   When the Shia of Iran and Iraq are sufficiently mass-murdered by the Sunni/Wahhabi Islamo-fascists in alliance with the Jesuit directed, “liberal” Roman Catholic, apostate “heretic” Protestant, apostate “heretic” Baptist, apostate “heretic” Evangelical, American Military Alliance, then the Sunni world will be united and pitted against the Peoples of the West.

    7.   The means of aligning all Sunni Muslim nations, along with surviving Shia peoples, will be the destruction of Mecca, Medina and the two Mosques on Jerusalem’s Temple Mount.   The U.S. will be blamed for this inside job executed by high-level, Islamic Freemasons serving the Black Pope’s unified International Intelligence Community.   That International Intelligence Community includes the British MI5/MI6, the American CIA/FBI/NSA, the German BND, the Russian FSB/SVR, the Israeli Mossad, the Pakistani ISI, the Chinese SIS, Interpol, etc.   This International Intelligence Community is, in fact, the Pope’s revived, International Holy Office of the Inquisition.

    8.   The means of destroying these Mosques will be by surgical weapons there on site waiting to be detonated at the predetermined time.   We believe Mecca and Medina will destroyed by Electro-Magnetic pulse devices (on site suitcase nukes, since there is no such thing as airborne nuclear war)

    9.   The destruction of these three foremost Islamic Mosques will be carried out by Sunni Islamic Freemasons serving Rome’s CIA-controlled Islamic Freemasonic International Intelligence Community.   Just as 9/11 was an inside job carried out by a Pope’s unified American Intelligence Community so will this destruction be an inside job to be carried out by the Rome’s Saudi Arabian-financed, unified Islamic Freemasonic International Intelligence Community overseen by the Black Pope’s American CIA and British MI6.

    10.   Toward the end of this Papal Crusade (presently called “the War on Terror”), the usefulness of the racially-united White/Black/Latino American Military will be exhausted and defeated, having been convertly betrayed by the Joint Chiefs of Staff. Unable to return home from the Middle-East to defend North America, the American armies will be surrounded and annihilated in a huge genocide carried out by a united Muslim world led by the Pope’s Freemasonic Islamic military leaders.   (This is exactly what Jesuit-advised Napoleon did to his Grand Armee in Russia in 1812; this is exactly what Jesuit-advised Hitler did to his Protestant Prussian armies on the eastern front from 1942 to 1945; and, this is exactly what the coming American Military Dictator will do to American military forces toward the end of this Crusade.)

    11.   Plotted by the Jesuits for nearly 150 years, at this time the American Empire will experience it’s second civil war with a complete and total social breakdown.   This social breakdown will include a fratricidal race war shutting down the commerce and food distribution of every major city.   Disease and death will be rampant.   Decreed quarantines will result in the establishment of massive ghettos within every major city, the expenses for which have been covered by the Bailout Bill.   After the ghettoization of millions of American citizens and aliens, the Department of Homeland Security will transport them to huge death camps now in existence throughout North America.   The people specially targeted for these transports will be Bible-believing Protestants, Bible-believing Baptists and the racial/religious Jews.

    12.   With the Sunni/Wahhabi Islamic nations now united, China will provide the shipping/transportation to move hundreds of millions of Communist Chinese, North African Muslims and Middle Eastern Moslems to attack North America.   At present, China has commercial treaties with the Black Islamic West African countries of Senegal and Mauritania.   Both nations host seaports of departure necessary to land millions of infuriated, Islamic invaders first into Cuba and the Bahamas.   There, the invaders will be refreshed and armed in preparation for their imminent invasion into Miami, New Orleans and Charleston.   These cities, along with many others in the once White Anglo-Saxon Protestant and Baptist South, will be in total social breakdown due to the Black Pope’s Freemasonic White Power Structure.   That White Power Structure, in full control of the governors, courts and police, will have used the Majority Savage Black gangs and Majority Savage Latino gangs—financially enriched by Rome’s CIA/Mafia illegal drug trade—to steal, rape, pillage, plunder and murder the civil populations of those cities. The Jesuit-directed Sino-Soviet-Muslim invasion will ensue.   The American Empire, purposely divided and wrecked from within in preparation for this invasion, will be conquered and partitioned among the victors.   The Sino-Soviet-Muslim invasion will ensue, the Empire will be conquered and divided among the victors.

    13.   The Pope’s revived, Roman Catholic, Holy Roman Empire will be the new protector of Israel—the Black Pope’s revived Latin Kingdom of Jerusalem.

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    Cheap Hydrogen from Scraps

    Posted by commendatori on February 23, 2009

    Turning organic waste into hydrogen now works without expensive platinum.

    It sounds almost too good to be true: add a few bugs to food scraps and waste water to generate clean hydrogen fuel. But over the past few years, researchers have been gradually working toward this promising scheme for producing hydrogen.hydrogensteelbrush1

    Now, with the help of an unassuming stainless-steel brush, microbial electrolysis cells (MECs) have taken another step forward. The steel brush can be used to replace the expensive platinum normally employed as the electrolysis cell’s cathode, slashing costs by more than 80 percent.

    Hydrogen is an appealing, environmentally friendly fuel because burning it creates only water as a waste product. MECs harness the electrons produced by certain bacteria as those bacteria feed on biodegradable material. The bacteria sit on an electrode–the anode–as they metabolize organic matter in an oxygen-devoid chamber. Not being able to react with oxygen, the electrons travel from the anode to the counter-electrode–the cathode–where they combine with protons to form hydrogen.

    In late 2007, a team led by Bruce Logan, Kappe professor of environmental engineering at Pennsylvania State University, showed that they could improve the efficiency of this process: by adding a small jolt of electricity (0.25 volts) at the cathode. Until now, however, the researchers have relied on a platinum catalyst on the cathode to make the process fast enough.

    “The need to use a precious metal catalyst had been holding back further development of the technique, but now we have found a way to do it without platinum,” says Logan.

    Compared with platinum, which acts as an effective catalyst when applied in a thin layer to a flat piece of carbon cloth, a simple piece of stainless steel is two-thirds less effective. But when Logan’s team increased the surface area of the stainless-steel cathode by arranging the material in the form of a high-density bristle brush, hydrogen production rates increased to values that matched or even exceeded those of the platinum cathode. While the platinum cathode costs around 15 cents, the stainless-steel brush only set the researchers back 3 cents.

    Logan hopes that further modifying the chemistry of the brush will improve the results even more. “We now already know more about which types of stainless steel work best,” he says. “And we will also want to minimize hydrogen bubbles being trapped between the bristles because this can make recovery of the gas less efficient.”

    He also emphasizes that high surface area is not everything. A brush made from carbon with an even higher surface area did 14 times worse than the naked steel-brush core, and when the researchers cut the steel brush in half to allow closer spacing of the two electrodes, they got even better results than with the full brush, even though they lost half of the surface area.

    Lars Angenent, an associate professor of biological and environmental engineering at Cornell University, says that big challenges remain, and he argues that the effect of electrode spacing is going to be one of the biggest limitations of MEC technology. “I think this work is great, but the next question is, can you scale it up so it’s economical?” he says. “In a larger system, moving ions through liquid between cathode and anode is more difficult, so you will produce less hydrogen per unit volume.”

    Patrick Hallenbeck, a professor of bacteriology at the University of Montreal, in Canada, agrees with Angenent that scaling will be a challenge. However, he is optimistic that with the platinum limitation gone, the outlook for MECs is good: “By showing that platinum can be effectively replaced by stainless steel, Logan’s group have removed a critical barrier. These devices were first described only four years ago, and there has been tremendous progress since then. Further developments may very well move MEC devices into the realm of practical application.”

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    European banks sitting on £16.3 trillion of toxic assets may suffer massive losses, according to a confidential Brussels document.

    Posted by commendatori on February 19, 2009

    European banks may need massive bail-out (And how the Mainstream Media Manipulates the Info)

    This is the original Article, published at 1:51PM GMT 11 Feb 2009 (Click Here)

    Now look at the Updated article at 3:50PM GMT 11 Feb 2009 (Click Here) The 16.3 Ttrillion Number Magically Dissapears from the article!!!

    By Bruno Waterfield in Brussels
    Last Updated: 1:51PM GMT 11 Feb 2009

    http://www.telegraph.co.uk/finance/f…ent-warns.html

    A secret 17-page paper discussed by finance ministers, including the Chancellor Alistair Darling on Tuesday, also warned that government attempts to buy up or underwrite such assets could plunge the European Union into a deeper crisis.

    National leaders and EU officials share fears that a second bank bail-out in Europe will raise government borrowing at a time when investors – particularly those who lend money to European governments – have growing doubts over the ability of countries such as Spain, Greece, Portugal, Ireland, Italy and Britain to pay it back.

    “Estimates of total expected asset write-downs suggest that the budgetary costs – actual and contingent – of asset relief could be very large both in absolute terms and relative to GDP in member states,” the EC document, seen by The Daily Telegraph, cautioned. “

    “It is essential that government support through asset relief should not be on a scale that raises concern about over-indebtedness or financing problems.”

    European Commission officials have estimated that “impaired assets” may amount to 44pc of EU bank balance sheets. The Commission estimates that so-called financial instruments in the ‘trading book’ total £12.3 trillion (13.7 trillion euros), equivalent to about 33pc of EU bank balance sheets.

    In addition, so-called ‘available for sale instruments’ worth £4trillion (4.5 trillion euros), or 11pc of balance sheets, are also added by the Commission to arrive at the headline figure of £16.3 trillion.

    Banks account for their assets in different ways. Assets put into the “trading book” have to be marked to current market values, while those in the “banking book” are loans and other assets which the institution believes it can hold to maturity. Other assets are classified as “available for sale”, which are also marked to market values.

    The Commission figure is significant because of the role EU officials will play in devising rules to evaluate “toxic” bank assets later this month. New moves to bail out banks will be discussed at an emergency EU summit at the end of February. The EU is deeply worried at widening spreads on bonds sold by different European countries.

    In line with the risk, and the weak performance of some EU economies compared to others, investors are demanding increasingly higher interest to lend to countries such as Italy instead of Germany. Ministers and officials fear that the process could lead to vicious spiral that threatens to tear both the euro and the EU apart.

    “Such considerations are particularly important in the current context of widening budget deficits, rising public debt levels and challenges in sovereign bond issuance,” the EC paper warned.

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    Founder of the Weather Channel: The Amazing Story Behind the Global Warming Scam

    Posted by commendatori on February 16, 2009

    earthThe key players are now all in place in Washington and in state governments across America to officially label carbon dioxide as a pollutant and enact laws that tax we citizens for our carbon footprints. Only two details stand in the way, the faltering economic times and a dramatic turn toward a colder climate. The last two bitter winters have led to a rise in public awareness that there is no runaway global warming. The public is now becoming skeptical of the claim that our carbon footprints from the use of fossil fuels is going to lead to climatic calamities.

    How did we ever get to this point where bad science is driving big government to punish the citizens for living the good life that fossil fuels provide for us?

    The story begins with an Oceanographer named Roger Revelle. He served with the Navy in World War II. After the war he became the Director of the Scripps Oceanographic Institute in La Jolla in San Diego, California. Revelle saw the opportunity to obtain major funding from the Navy for doing measurements and research on the ocean around the Pacific Atolls where the US military was conducting atomic bomb tests. He greatly expanded the Institute’s areas of interest and among others hired Hans Suess, a noted Chemist from the University of Chicago, who was very interested in the traces of carbon in the environment from the burning of fossil fuels. Revelle tagged on to Suess studies and co-authored a paper with him in 1957. The paper raises the possibility that the carbon dioxide might be creating a greenhouse effect and causing atmospheric warming. It seems to be a plea for funding for more studies. Funding, frankly, is where Revelle’s mind was most of the time.

    Next Revelle hired a Geochemist named David Keeling to devise a way to measure the atmospheric content of Carbon dioxide. In 1960 Keeling published his first paper showing the increase in carbon dioxide in the atmosphere and linking the increase to the burning of fossil fuels.
    These two research papers became the bedrock of the science of global warming, even though they offered no proof that carbon dioxide was in fact a greenhouse gas. In addition they failed to explain how this trace gas, only a tiny fraction of the atmosphere, could have any significant impact on temperatures. Read the rest of this entry »

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    A day and a half of chemtrails sped up (higher rez).

    Posted by commendatori on February 16, 2009

    Local News Station Confirms Barium in Chemtrails

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    Digital TV: Mind Control by the Sound of Silence

    Posted by commendatori on February 16, 2009

    Note: The digital conversion has been “delayed” until the arbitrary date of June 12th
    Expect for the date to continue to be delayed, the arbitrary setting of a final date is a scare tactic to get people to comply. Make no mistake, the threat of people NOT having television, as this article talks about, is too great for the powers that be to risk. – IL

    This is an extremely timely and important essay. It overviews a secret Pentagon psychotronics technology known as Silent Sound Spread Spectrum (SSSS) that has been fully operational since the early 1990s. I first found out about the use of this technology from Al Bielek in a 1992 video he made with Vladimir Terziski. This technology was used against battle-hardened Iraqi troops fortified in deep underground bunkers in Kuwait and Iraq in the first Gulf War in January of 1991.

    The physical, emotional, and psychological effects of this technology were so severe that hundreds of thousands of Iraqi troops surrended en masse without firing even a single shot against US led coalition forces. The numbers reported in the news were staggering: 75,000 and then annother 125,000 (or more) Iraqi troops would come out of their deep desert bunkers waving white flags and falling to their knees before approaching US troops and literally kiss their captor’s boots or hands if given the opportunity.

    Why would eight year veterans of Middle Eastern warfare (with Iran 1980-1988) behave this way? Simple. They were subjected to a technology that was so extreme and incomprehensible that they were suddenly reduced to the level of compliant children and felt grateful to still be alive in the wake of their mind-wrenching experience.

    This technology is about to be used, albeit in a more subtle fashion, against American citizens in a highly classified and covert operation to mind control and manipulate the entire population into ‘compliance’ with our New World order overlords. The technology will utilize a combination of HAARP transmitters, GWEN towers, microwave cell phone towers, and the soon-to-be-mandatory High Definition Digital TV that will enter your home via: a) cable, b) satellite, c) HD TVs, or d) those oh-so-easy-to-obtain “digital converter boxes” that the government is so anxious to help you obtain and underwrite most of the cost on your behalf. Read the rest of this entry »

    Posted in Mind Control, New World Order, Technology | Tagged: , , , , , , , | 1 Comment »

    Project Blue Beam, Step One: Economic Disaster

    Posted by commendatori on February 16, 2009

    “It will begin with some kind of worldwide economic disaster. Not a complete crash, but enough to allow them to introduce some kind of in-between currency before they introduce their electronic cash to replace all paper or plastic money. The in-between currency will be used to force anyone with savings to spend or turn in their cash because they understand that people who have money and are not dependent upon them might be the very ones who will mount an insurrection against them.”

    The infamous NASA [National Aeronautics and Space Administration] Blue Beam Project has four different steps in order to implement the New Age religion with the Antichrist at its head. We must remember that the New Age religion is the very foundation for the new world government, without which religion the dictatorship of the New World Order is completely impossible. I’ll repeat that: Without a universal belief in the New Age religion, the success of the New World Order will be impossible! That is why the Blue Beam Project is so important to them, but has been so well hidden until now.

    Engineered Earthquakes & Hoaxed ‘Discoveries’

    The first step in the NASA Blue Beam Project concerns the breakdown [re-evaluation] of all archaeological knowledge. It deals with the set-up, with artificially created earthquakes at certain precise locations on the planet,of supposedly new discoveries which will finally explain to all people the “error” of all fundamental religious doctrines. The falsification of this information will be used to make all nations believe that their religious doctrines have been misunderstood for centuries and misinterpreted. Psychological preparations for that first step have already been implemented with the film, ‘2001: A Space Odyssey;’ the StarTrek series, and ‘Independence Day;’ all of which deal with invasions from space and the coming together of all nations to repel the invaders. The last films, ‘Jurrassic Park,’ deals with the theories of evolution, and claim God’s words are lies.

    What is important to understand in the first step is that those earthquakes will hit at different parts of the world where scientific and archaeological teachings have indicated that arcane mysteries have been buried. By those types of earthquakes, it will be possible for scientists to rediscover those arcane mysteries which will be used to discredit all fundamental religious doctrines. This is the first preparation for the plan for humanity because what they want to do is destroy the beliefs of all Christians and Muslims on the planet. To do that, they need some false ‘proof’ from the far past that will prove to all nations that their religions have all been misinterpreted and misunderstood.

    The Big Space Show in the Sky

    The second step in the NASA Blue Beam Project involves a gigantic ’space show’ with three-dimensional optical holograms and sounds, laser projection of multiple holographic images to different parts of the world, each receiving a different image according to predominating regional national religious faith. This new ‘god’s’ voice will be speaking in all languages. In order to understand that, we must study various secret services’ research done in the last 25 years. The Soviet’s have perfected an advanced computer, even exported them, and fed them with the minute physio-psychological particulars based on their studies of the anatomy and electromechanical composition of the human body, and the studies of the electrical, chemical and biological properties of the human brain. These computers were fed, as well, with the languages of all human cultures and their meanings. The dialects of all cultures have been fed into the computers from satellite transmissions. The Soviets began to feed the computers with objective programs like the ones of the new messiah. It also seems that the Soviets – the New World Order people – have resorted to suicidal methods with the human society by allocating electronic wavelengths for every person and every society and culture to induce suicidal thoughts if the person doesn’t comply with the dictates of the New World Order.

    Read the rest of this entry »

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    Michael Hoffman: Judaism is a secret Satanic cult

    Posted by commendatori on February 16, 2009

    “Judaism Discovered,” Michael Hoffman’s monumental new work on Judaism is subtitled, “A Study of the Anti-Biblical Religion of Racism, Self-Worship, Superstition and Deceit.” But, what does Hoffman really think of Judaism?

    We are in crisis. It’s time we listened to plainspoken pariahs like Michael Hoffman. Anti-Semitism is on the rise and Hoffman’s book explains why this is not irrational “hate.” It’s more important for Jews than anyone to learn that they are associated with a “religion” they don’t really understand.

    Two polls, one on August 9, 2007 and one on January 3, 2009, indicated a sharp growth of anti-Semitism in America. The August poll, conducted for the CIA-controlled RAND Corporation of Santa Monica showed 35% of the American public polled displayed moderate to strong anti-Semitic feelings while a similar poll in January of 2009 showed that percentage had jumped to 62%! This corresponds to the progress of the financial crisis. No doubt, Israel’s genocidal attack on Gaza has contributed more. Look at one of the slick new anti-Jewish websites sprouting on the Internet like dandelions.

    Many people serve as witting and unwitting agents of the central bankers’ plan for world tyranny (the New World Order.) Collaboration is a criterion for “success” today. Increasingly, the NWO is called the “Jew World Order” because of the out-sized role Jews play. Most Jews are just trying to please their mother (”be successful dear”) but it’s time they learned they are part of a sinister force, and they may end up holding the bag.

    Is the NWO driven primarily by the bankers’ megalomania or by their adherence to a Jewish corporate agenda? Since many of the bankers are Cabalist Jews, the answer is probably both. The Jewish bankers have expanded their power base by co-opting the decadent gentile elite through intermarriage and Freemasonry (which is based on Jewish Cabalism.) This entity is a Satanic secret society called “The Illuminati Order.”

    Illuminati bankers are behind the recent financial collapse which is designed to facilitate political change. “Economic crises have been produced by us for the goyim by no other means than the withdrawal of money from circulation.” — (Protocols of Zion, 20) As Pastor Lindsey Williams said recently, long term, “these people are out to own and control everything … they are out to break us.”

    Read the rest of this entry »

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    Trillions? Get ready for quadrillion

    Posted by commendatori on February 14, 2009

    By Jerome R. Corsi
    © 2009 WorldNetDaily

    NEW YORK – The Obama administration economic stimulus package is going to force the Treasury to borrow approximately $2.5 trillion in 2009 and another $4 trillion in 2010, with the result of increasing the current $10 trillion national debt by 65 percent in just two years.

    If the Obama administration increases the national debt by 65 percent every two years, the debt will be $16.5 trillion in 2010 and $27.225 trillion by 2012, the year of the next presidential election.

    To answer the question of how big a problem borrowing $6.5 trillion will be over the next two years, we decided to examine just how large 1 trillion actually is.

    One trillion is the number 1 followed by 12 zeroes, as in: 1,000,000,000,000.

    If you had gone into business on the day Jesus was born, and your business lost a million dollars a day, 365 days a year, it would take you until October 2737 to lose $1 trillion.

    If you spent $1 million a day, every day since Jesus was born, you would still be only slightly more that three-quarters of the way to spending $1 trillion.

    One trillion dollars divided by 300 million Americans comes out to $3,333 per person.

    One trillion one-dollar bills stacked one on top of the other would reach nearly 68,000 miles into the sky, about a third of the way from the Earth to the moon.

    Earth’s home galaxy, the Milky Way, is estimated to contain about 200 billion stars. So, if each star cost one dollar, one trillion dollars would buy five Milky Way galaxies full of stars.

    One trillion seconds of ordinary clock time equals 31,546 years. So, spending money at the rate of one dollar every second, or $86,400 every day, would still take nearly 32,000 years to spend $1 trillion.

    If someone were to build city blocks that contained 10 homes valued at $100,000 per home, you would end up with ten houses to a block, ten blocks to a mile and a hundred blocks per square mile. It would take 10,000 square miles to reach $1 trillion in value. This would be more than the size of six U.S. states: Vermont, 9,615 square miles; New Hampshire, 9,351 square miles; New Jersey, 8,722 square miles; Connecticut, 5,544 square miles; Delaware, 1,954 square miles; and Rhode Island, 1,545 square miles.

    Craig Smith, founder and CEO of Swiss America, estimates it would take approximately four generations of Americans to pay off the interest of the U.S. Treasury bonds sold as debt to create the $1 trillion stimulus package, factoring in a 3 percent growth rate in the economy throughout that time.

    The U.S. national debt now exceeds $10 trillion according to the according to the U.S. National Debt Clock, at Times Square in New York City.

    With the estimated population of the United States at 305,556,415 people, each citizen’s share of the national debt is $34,769.40.

    In September 2008, the digital display on the Times Square National Debt Clock was modified to eliminate the dollar sign, so the national debt in tens of trillions of dollars could be displayed.

    The clock, created in 1989 by Manhattan real estate developer Seymour Durst, is now being redesigned so it can display the national debt in numbers measured in the hundreds of millions, with a dollar sign that could be eliminated should the national debt ever reach $1 quadrillion.

    The new clock should be ready to install early this year.

    The Bush administration added more than $4 trillion to the national debt, increasing it more than 70 percent from the time George W. Bush took office Jan. 20, 2001.

    Yet trillions may no longer be enough to measure important financial statistics on a global basis.

    The Bank of International Settlements now estimates that derivatives, the complex bets financial institutions and sophisticated investors make with one another on everything from commodities options to credit swaps, now top $650 trillion worldwide – that’s $ 0.65 quadrillion.

    A quadrillion, a trillion multiplied by 1,000, is a 1 followed by 15 zeroes, as in: 1,000,000,000,000,000.

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    Opposition to the National Bank

    Posted by commendatori on February 14, 2009

    This is an excerpt from Wikipedia:

    Opposition to the National Bank

    The Second Bank of the United States was authorized for a twenty year period during James Madison’s tenure in 1816. As President, Jackson worked to rescind the bank’s federal charter. In Jackson’s veto message (written by George Bancroft), the bank needed to be abolished because:

    • It concentrated the nation’s financial strength in a single institution.
    • It exposed the government to control by foreign interests.
    • It served mainly to make the rich richer.
    • It exercised too much control over members of Congress.
    • It favored northeastern states over southern and western states.

    Following Jefferson, Jackson supported an “agricultural republic” and felt the Bank improved the fortunes of an “elite circle” of commercial and industrial entrepreneurs at the expense of farmers and laborers. After a titanic struggle, Jackson succeeded in destroying the Bank by vetoing its 1832 re-charter by Congress and by withdrawing U.S. funds in 1833.

    The bank’s money-lending functions were taken over by the legions of local and state banks that sprang up. This fed an expansion of credit and speculation. At first, as Jackson withdrew money from the Bank to invest it in other banks, land sales, canal construction, cotton production, and manufacturing boomed.[25] However, due to the practice of banks issuing paper banknotes that were not backed by gold or silver reserves, there was soon rapid inflation and mounting state debts.[26] Then, in 1836, Jackson issued the Specie Circular, which required buyers of government lands to pay in “specie” (gold or silver coins). The result was a great demand for specie, which many banks did not have enough of to exchange for their notes. These banks collapsed.[25] This was a direct cause of the Panic of 1837, which threw the national economy into a deep depression. It took years for the economy to recover from the damage.

    The U.S. Senate censured Jackson on March 28, 1834, for his action in removing U.S. funds from the Bank of the United States. When the Jacksonians had a majority in the Senate, the censure was expunged.

    Article Source

    Posted in Economics, Real Info | Tagged: , , , , | 1 Comment »

    Not one Member Read the Whole 1100 pages Stimulus Package

    Posted by commendatori on February 14, 2009

    Fool me once, shame on you; fool me twice, shame on me

    Posted in Economics | Tagged: , , , , , | Leave a Comment »

    United Nations’ threat: No more parental rights

    Posted by commendatori on February 14, 2009

    Expert: Pact would ban spankings, homeschooling if children object

     

    By Chelsea Schilling
    © 2009 WorldNetDaily

    A United Nations human rights treaty that could prohibit children from being spanked or homeschooled, ban youngsters from facing the death penalty and forbid parents from deciding their families’ religion is on America’s doorstep, a legal expert warns.

    Michael Farris of Purcellville, Va., is president of ParentalRights.org, chairman of the Home School Legal Defense Association and chancellor of Patrick Henry College. He told WND that under the U.N. Convention on the Rights of the Child, or CRC, every decision a parent makes can be reviewed by the government to determine whether it is in the child’s best interest.

    “It’s definitely on our doorstep,” he said. “The left wants to make the Obama-Clinton era permanent. Treaties are a way to make it as permanent as stuff gets. It is very difficult to extract yourself from a treaty once you begin it. If they can put all of their left-wing socialist policies into treaty form, we’re stuck with it even if they lose the next election.”

    The 1990s-era document was ratified quickly by 193 nations worldwide, but not the United States or Somalia. In Somalia, there was then no recognized government to do the formal recognition, and in the United States there’s been opposition to its power. Countries that ratify the treaty are bound to it by international law.

    Although signed by Madeleine Albright, U.S. ambassador to the U.N., on Feb. 16, 1995, the U.S. Senate never ratified the treaty, largely because of conservatives’ efforts to point out it would create that list of rights which primarily would be enforced against parents.

    The international treaty creates specific civil, economic, social, cultural and even economic rights for every child and states that “the best interests of the child shall be a primary consideration.” While the treaty states that parents or legal guardians “have primary responsibility for the upbringing and development of the child,” Farris said government will ultimately determine whether parents’ decisions are in their children’s best interest. The treaty is monitored by the CRC, which conceivably has enforcement powers.

    According to the Parental Rights website, the substance of the CRC dictates the following:

    • Parents would no longer be able to administer reasonable spankings to their children.
    • A murderer aged 17 years, 11 months and 29 days at the time of his crime could no longer be sentenced to life in prison.
    • Children would have the ability to choose their own religion while parents would only have the authority to give their children advice about religion.
    • The best interest of the child principle would give the government the ability to override every decision made by every parent if a government worker disagreed with the parent’s decision.
    • A child’s “right to be heard” would allow him (or her) to seek governmental review of every parental decision with which the child disagreed.
    • According to existing interpretation, it would be illegal for a nation to spend more on national defense than it does on children’s welfare.
    • Children would acquire a legally enforceable right to leisure.
    • Teaching children about Christianity in schools has been held to be out of compliance with the CRC.
    • Allowing parents to opt their children out of sex education has been held to be out of compliance with the CRC.
    • Children would have the right to reproductive health information and services, including abortions, without parental knowledge or consent.

    “Where the child has a right fulfilled by the government, the responsibilities shift from parents to the government,” Farris said. “The implications of all this shifting of responsibilities is that parents no longer have the traditional roles of either being responsible for their children or having the right to direct their children.”

    The government would decide what is in the best interest of a children in every case, and the CRC would be considered superior to state laws, Farris said. Parents could be treated like criminals for making every-day decisions about their children’s lives.

    “If you think your child shouldn’t go to the prom because their grades were low, the U.N. Convention gives that power to the government to review your decision and decide if it thinks that’s what’s best for your child,” he said. “If you think that your children are too young to have a Facebook account, which interferes with the right of communication, the U.N. gets to determine whether or not your decision is in the best interest of the child.”

    He continued, “If you think your child should go to church three times a week, but the child wants to go to church once a week, the government gets to decide what it thinks is in the best interest of the children on the frequency of church attendance.”

    He said American social workers would be the ones responsible for implementation of the policies.

    Farris said it could be easier for President Obama to push for ratification of the treaty than it was for the Clinton administration because “the political world has changed.”

    At a Walden University presidential debate last October, Obama indicated he may take action.

    “It’s embarrassing to find ourselves in the company of Somalia, a lawless land,” Obama said. “I will review this and other treaties to ensure the United States resumes its global leadership in human rights.”

    Secretary of State Hillary Clinton has been a strong supporter of the CRC, and she now has direct control over the treaty’s submission to the Senate for ratification. The process requires a two-thirds vote.

    Farris said Barbara Boxer, D-Calif., claimed in a private meeting just before Christmas that the treaty would be ratified within two years.

    In November, a group of three dozen senior foreign policy figures urged Obama to strengthen U.S. relations with the U.N. Among other things, they asked the president to push for Senate approval of treaties that have been signed by the U.S. but not ratified.

    Partnership for a Secure America Director Matthew Rojansky helped draft the statement. He said the treaty commands strong support and is likely to be acted on quickly, according to an Inter Press Service report.

    While he said ratification is certain to come up, Farris said advocates of the treaty will face fierce opposition.

    “I think it is going to be the battle of their lifetime,” he said. “There’s not enough political capital in Washington, D.C., to pass this treaty. We will defeat it.”

    Article Source

     

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    Get out of US Dollars or perish with the middle class!

    Posted by commendatori on February 11, 2009

    Every 15 months, the USA owes another trillion dollars against Gov expenses!

    Prop up the bad guys with money and reward mistakes & incompetence!

    Money Supply has increased 70% since October!

    Every American owes: $586K for FED debt

    “Add together the unfunded liabilities from Medicare and Social Security, and it comes to $99.2 trillion over the infinite horizon.” Richard W. Fisher, the President and Chief Executive Officer of the Federal Reserve Bank of Dallas.

    Link Fed reserve Bank of Dallas: Storms on the Horizon – Fisher’s Remarks before the Commonwealth Club of California

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    US Debt is really 53 Trillion. Can you say Dollar Collapse then Massive Hyperinflation Coming?

    Posted by commendatori on February 10, 2009

    …and this excludes contingent liabilities such as social security, government pensions and Medicare. The economy is 2-3 times more debt-dependent – with at least $29 Trillion DEBT EXCESS – - compared to the 1950-1970s! $175,154 per man, woman and child – or $700,616 per family of 4!

    80% ($42 trillion) of today’s debt was created since 1990.
    “Foreign interests have more control over the US economy than Americans, leaving the country in a state that is financially imprudent. More and more of our debt is held by foreign countries – some of which are our allies and some are not. The huge holdings of American government debt by countries such as China and Saudi Arabia could leave a powerful financial weapon in the hands of countries that may be hostile to US corporate and diplomatic interests.” David Walker, the US comptroller general. 23 July 2007

    “In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. The abandonment of the gold standard made it possible for welfare statists to use the banking system as a means to an unlimited expansion of credit (debt creation)” – Alan Greenspan (#8), 1966
    Rate of Personal Saving Plunges 114% – a record low in world history – $1.1 trillion missing

    If families have less inflation-adjusted income, despite more mothers working, then family personal savings must suffer as a consequence – unless, of course, families reduce their consumption. But, families increased consumption spending and, to cover this, they reduced savings to historic lows and increased household debt to historic highs. Dangerous Trend !!!

    Governments will often try to disguise the true rate of inflation through a variety of techniques. These can include the following:

    * Outright lying in official statistics such as money supply, inflation or reserves.
    * Suppression of publication of money supply statistics, or inflation indices.
    * Price and wage controls.
    * Forced savings schemes, designed to suck up excess liquidity. These savings schemes may be described as pensions schemes, emergency funds, war funds, or something similar.
    * Adjusting the components of the Consumer price index, to remove those items whose prices are rising the fastest.
    None of these actions address the root causes of inflation, and in fact, if discovered, tend to further undermine trust in the currency” ( Jim Sinclair)

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    Death Ray Replaced By The Voice of God

    Posted by commendatori on February 9, 2009

    longrange_huhmedium

    December 17, 2007: While U.S. efforts to deploy it’s microwave Active Denial System (which transmits a searchlight sized bean of energy when makes people downrange feel like their skin is on fire) continue to be delayed, another non-lethal system, LRAD (Long Range Acoustic Device) has been quietly deployed to Iraq. And there the story gets a little strange.

    LRAD is basically a focused beam of sound. Originally, it was designed to emit a very loud sound. Anyone whose head was touched by this beam, heard a painfully loud sound. Anyone standing next to them heard nothing. But those hit by the beam promptly fled, or fell to the ground in pain. Permanent hearing loss is possible if the beam is kept on a person for several seconds, but given the effect the sound usually has on people (they move, quickly), it is unlikely to happen. LRAD works. It was recently used off Somalia, by a cruise ship, to repel pirates. Some U.S. Navy ships also carry it, but not just to repel attacking suicide bombers, or whatever. No, the system was sold to the navy for a much gentler application. LRAD can also broadcast speech for up to 300 meters. The navy planned to use LRAD to warn ships to get out of the way. This was needed in places like the crowded coastal waters of the northern Persian Gulf, where the navy patrols. Many small fishing and cargo boats ply these waters, and it’s often hard to get the attention of the crews. With LRAD, you just aim it at a member of the crew, and have an interpreter “speak” to the sailor. It was noted that the guy on the receiving end was sometimes terrified, even after he realized it was that large American destroyer that was talking to him. This apparently gave the army guys some ideas, for there are now rumors in Iraq of a devilish American weapon that makes people believe they are hearing voices in their heads.

    Read the rest of this entry »

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    Are fossils really millions years old?

    Posted by commendatori on February 8, 2009

    by Babu G. Ranganathan

    Haven’t geologists proved from scientific dating methods that the earth is 4.5 billion years old? Doesn’t astronomy prove that the universe must, at least, be billions of years old since it would have required billions of years for light from the nearest stars to reach the earth? Don’t all qualified scientists, including geologists, believe in Darwinian evolution and a billions of years old Earth and universe? The simple answer is “No”.

    Both evolutionists and creationists have certain built-in assumptions in interpreting and using scientific data when it comes to the earth’s age. The issue many times comes down to which assumptions are more reasonable. Dating rocks is not a hard (no pun intended) science.

    fossils

    For example, many times one radiometric dating method will give a vast difference in age from another radiometric dating method used on dating the same rock! Radiometric dating methods have also been severely faulty when tested with the actual historical age of certain rock. For example, Hawaiian lava flows that were known to be no more than two centuries old were dated by the potassium-argon method to be up to three billion years old! (Science 141 [1963]: 634).

    The reason for these huge discrepancies is that these methods are based on assumptions that no major changes have occurred in the earth’s atmosphere in the past which could have affected the initial amounts and even the rates of decay of the substances involved (Industrial Research 14 [1972]: 15). If, for example, a world-wide flood the Bible describes in Genesis had actually occurred then it would have, indeed, altered the initial conditions so as to make radiometric dating less than an exact science, to say the least. The Carbon -14 dating method has been known to have fifty percent accuracy, but it is only accurate up to thousands (not millions or billions) of years and can only be used on things that were once living.

    Complicated as the subject of the earth’s age may be, a main reason for why evolutionists believe the earth is many millions of years old is because of their belief concerning how the fossil layers were deposited. What one believes about the deposition of the fossils in the earth will, indeed, determine one’s view of the earth’s age. Contrary to popular belief, the age of the fossils is not determined by radiometric dating.

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    High forex reserves can worsen recession

    Posted by commendatori on February 8, 2009

    8 Feb 2009, 1705 hrs IST, Swaminathan S Anklesaria Aiyar, TNN

    CHINA-US-FOREXHigh foreign exchange reserves have, in the current global recession, saved Asian countries (including India) from the travails they suffered in the Asian financial crisis of 1997-2000. So, they must aim for rising forex reserves in future too, right? Wrong.

    In truth, high Asian forex reserves are an important reason for the current recession. High reserves promise safety in a storm. But, beyond a point this safety becomes illusory, because rising forex reserves worsen the global imbalances that have precipitated the recession.

    The global recession has many roots. One is the erosion of traditional US household prudence. US households used to save 6% of their disposable income. But in recent years they went on a borrowing and spending spree, and household savings dropped to virtually zero. Corporations and financiers also ran up record debts, partly to buy assets such as houses, stocks and commodities. This created huge bubbles in all three markets.

    When the bubbles finally burst, US households, corporations and financiers found themselves in dire straits. Many financial giants were rescued by the government. Meanwhile households, sobered by the turn of events, started saving 4% of disposable income, up from zero. More saving meant less spending, and made the recession deep and sharp.

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    Causes of the Great Depression – Anything Sound Familiar?

    Posted by commendatori on February 8, 2009

    • In the 1920s, American consumers and businesses relied on cheap credit, the former to purchase consumer goods such as automobiles and furniture, and the latter for capital investment to increase production. This fueled strong short-term growth but created consumer and commercial debt.
    • People and businesses who were deeply in debt when price deflation occurred or demand for their product decreased often risked default. Many drastically cut current spending to keep up time payments, thus lowering demand for new products.
    • Businesses began to fail as construction work and factory orders plunged. By 1928, the Construction Boom was over.
    • By 1929, public consumption was markedly down. Freight carloads and manufacturing fell drastically. Automobile sales declined by a third in the nine months before the crash.
    • Construction was down $2 billion in the period since 1926.
    • Stock market crash begins October 24, 1929. Investors call October 29 “Black Tuesday.” Losses for the month will total $16 billion, an astronomical sum in those days.
    • By February, 1930, the Federal Reserve has cut the prime interest rate from 6 to 4 percent. Expands the money supply with a major purchase of U.S. securities. However, for the next year and a half, the Fed will add very little money to the shrinking economy.
    • Bank failures snowballed as desperate bankers called in loans which the borrowers did not have time or money to repay.
    • The first bank panic occurs later this year; a public run on banks results in a wave of bankruptcies. Bank failures and deposit losses are responsible for the contracting money supply.
    • With future profits looking poor, capital investment and construction slowed or completely ceased. In the face of bad loans and worsening future prospects, the surviving banks became even more conservative in their lending.
    • Banks built up their capital reserves and made fewer loans, which intensified deflationary pressures. A vicious cycle developed and the downward spiral accelerated. This kind of self-aggravating process may have turned a 1930 recession into a 1933 great depression.
    • Marriner S. Eccles, FDR’s Fed Chair noted: “As mass production has to be accompanied by mass consumption, mass consumption, in turn, implies a distribution of wealth — not of existing wealth, but of wealth as it is currently produced — to provide men with buying power equal to the amount of goods and services offered by the nation’s economic machinery. Instead of achieving that kind of distribution, a giant suction pump had by 1929-30 drawn into a few hands an increasing portion of currently produced wealth. This served them as capital accumulations. But by taking purchasing power out of the hands of mass consumers, the savers denied to themselves the kind of effective demand for their products that would justify a reinvestment of their capital accumulations in new plants. In consequence, as in a poker game where the chips were concentrated in fewer and fewer hands, the other fellows could stay in the game only by borrowing. When their credit ran out, the game stopped. That is what happened to us in the twenties.”
    AND THIS IS WHAT HAPPENED TO AMERICA IN THE 1930′S

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    Increasing Number of States Declaring Sovereignty

    Posted by commendatori on February 6, 2009

    Kurt Nimmo
    Prison Planet
    Thursday, February 5, 2009

    Back in December, the Wall Street Journal had a good chuckle over Russian academic Igor Panarin’s prediction that the United States would break apart by 2010. Using threadbare Cold War logic, Andrew Osborn wrote that Panarin’s forecast “is music to the ears of the Kremlin, which in recent years has blamed Washington for everything from instability in the Middle East to the global financial crisis.” For the WSL scribe, Panarin’s analysis is about the Red Bear “returning to its rightful place on the world stage after the weakness of the 1990s, when many feared that the country would go economically and politically bankrupt and break into separate territories.”

    In fact, it was not so much “weakness” that destroyed Russia as it was the IMF, the World Bank, and Wall Street, in other words it was another bankster looting and fire sale scheme that brought the former Soviet Union down, not that we should expect the Wall Street Journal to admit as much. Ditto the current “global financial crisis” and instability in the Middle East.

    “Mr. Panarin posits, in brief, that mass immigration, economic decline, and moral degradation will trigger a civil war next fall and the collapse of the dollar,” Osborn summarizes. “Around the end of June 2010, or early July, he says, the U.S. will break into six pieces — with Alaska reverting to Russian control.”

    In the case of a growing number of U.S. states, however, it is not so much economic decline and moral degradation pointing the way to a “disintegration,” but rather violations of the Tenth Amendment. The Tenth Amendment of the United States Constitution, which is part of the Bill of Rights, was ratified on December 15, 1791, and states restates the Constitution’s principle of Federalism by providing that powers not granted to the national government nor prohibited to the states are reserved to the states and to the people. It is based on an earlier provision of the Articles of Confederation: “Each state retains its sovereignty, freedom, and independence, and every power, jurisdiction, and right, which is not by this Confederation expressly delegated to the United States, in Congress assembled.”

    Although Fox News and CNN are not telling you about it, a growing number of states are declaring sovereignty. Washington, New Hampshire, Arizona, Montana, Michigan, Missouri, Oklahoma, California, and Georgia have all introduced bills and resolutions declaring sovereignty under the Tenth Amendment. Colorado, Hawaii, Pennsylvania, Arkansas, Idaho, Indiana, Alaska, Kansas, Alabama, Nevada, Maine, and Illinois are considering such measures.

    For details on the particular bills and resolutions introduced by the above states, check out the following: 

    Washington

    New Hampshire

    Arizona

    Montana

    Michigan

    Missouri

    Oklahoma

    California

    Georgia

    Sadly, far too many Americans are woefully ignorant when it comes to understanding their rights and the Constitution. As Gary Alder notes in his “15 Key Principles of the Founding Fathers,” the “9th and 10th Amendments are the keystones to preserving Freedom.” In fact, the first 10 amendments, known as the Bill of (Individual) Rights, clarify the restraints placed on the national government and they safeguard the rights of individuals. It does not take a rocket scientist to conclude that all of these individual rights are under withereing attack by the federal government.

    “Obama’s plans for a federal handgun license, ‘hate crimes’ laws to regulate Christians’ speech about their own religious beliefs on homosexuality, President Obama’s youth corps for mandatory public service and the so-called ‘Fairness Doctrine’ to ‘balance’ talk radio have New Hampshire Lawmakers telling Obama to basically grow up and get some better ideas,” writes Jake Jones. “They say that if Obama’s plans are implimented, it would constitute a nullification of the Constitution for the United States.”

    Unfortunately, the Constitution and the Bill of Rights were nullified many years ago, at least since the emergence of the Federalists under Alexander Hamilton, as Thomas J. DiLorenzo persausively argues. “Federalists like Joseph Story and John Marshall, and later Whig politicians like Daniel Webster and Abraham Lincoln… would tell The Big Lie that the Constitution was ratified by ‘the whole people’ and not as it actually was – by the citizens of the sovereign states, with their representatives assembled in state conventions,” writes DiLorenzo. In the years since, the reach and severity of federalism has grown expotentially. “The U.S. government is now characterized by dictatorial power, abuse of every kind of personal liberty, confiscatory taxation, economic fascism, dangerous militarism, and imperialism.” New World Order minion Obama will take this dictatorial power to new heights under the pretense of saving the people from the bankster engineered global economic depression.

    As Obama and Congress further extend the dictatorial reach of the federal government — under the control of a small cotorie of globalists and international bankers — we can expect more states to assert their rights under the Constitution and the Tenth Amendment.

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    High Finance and Black Holes

    Posted by commendatori on February 5, 2009

    By David Bentata

    Me? What do i know about high finance? Not much, to be sure, but how much does one need to know to recognize the incredible black hole that “high finance” now finds itself in? The strange thing is that those who were supposed to know, those High Priests of the financial world have proved at best, to even know less….. at worst , they knew but dared to speak. That did not stop the Top Cats from becoming Fat despite knowing that the bubble was about to burst!

    In plain, simple language, banks over the world knew what was going on. All banks, finance companies, building societies and loan companies were falling over themselves to lend people money.

    Buy a new car!

    Get a mortgage for a new house …. Or even a second house!!

    Get a loan to get on holiday!

    Buy a yacht!

    Whatever you have always desired you can have it with one of our Magic Carpet Loans!

    All the adverts, not just of these institutions, but all consumer oriented producers, were inviting us to get into debt so we could buy their “unnecessary necessities” on the never-never. And like children at the Credit Candy Store, we fell for it.

    True, our greed WAS the grease that made this Money Monster slide, but were we not relying on the Financial Gurus to have sussed out the repayment details correctly for us? And yet, behind our greed was another factor, their greed!

    The consumer society that was to drive all countries to spread wealth to us all soon became just a debt machine where one bank sold its debt to another and that one to yet a third and fourth and so on. Each entity was holding huge book assets that in reality were not much more than fantasy book-entries. With such imaginative figures they made everyone believe they were all profitable organizations.

    mgu0207l1

    But were are all the millions, billions, trillions and zillions of after-tax profits that they were all declaring to their shareholders and proudly displaying in their balance sheets? Where have they disappeared to now that this money is sorely needed?

    “Oops, sorry guys but we’ve paid our president and vice presidents, our managing directors and executive officers …. the coffers are empty”

    Not just empty, but owing so much that the government of every country in the world are rushing to plug the holes rapidly sinking ship of fools before the Consumer Society & its financiers disappear into a black hole of devalued Dollars, Pounds, Euros and Yens.

    Now just a minute…

    What got us into all this mess was the over-marketing of excessive credit. What got us into this mess was the loaning machine with financial institutions built and accelerated into overdrive. What got the world into this mess was precisely that, CREDIT. And such indiscriminate credit tricked society and each and every one of us into accepting life-long debt as the modern way of life. Now that it is blatantly obvious that these institutions have squandered these moneys, inflated their balance sheet, hoodwinked the stock market and … in short… tricked every one including themselves… now that we all know this, our governments are bailing out the very culprits by giving them freshly printed money so they can… wait for it .. give us all more credits and loans!

    Why? Because then the ordinary man in the street will have to work harder to make profits for the very institutions that squandered the money they made from us in the first place! When they were making huge profits, they shared these exclusively among themselves. Mr and Mrs Man-In-The-Street did not even get a whiff of that. But now that they are bankrupt the Tax Money or Mr and Mrs Man-In-The-Street is going to be used … is being used… to keep the very same institutions – in most cases with the very same executive officers – afloat. After getting out tax money at just a nominal interest rate, they will loan it to us at a much higher rate and make us work harder… to pay back what we already given to our governments to keep for our society’s infrastructure. So we end up losing, not once, but twice.

    And this is High Finance?

    Personaly, I fell that governments should and must step in, but to help the people that are caught in this web of loans and credit directly, not through the proved inefficient institutions that created the mess in the first place.

    As an example, if a person is incapable continuing mortgage payments on his first home (not his luxury second home) then the government should buy the remaining debt from the bank and allow the person to live in his home as a paying tenant. The rent would be an amount well below the mortgage repayment he can no longer meet so as to give him the financial respite needed to get back on his feet again. This is DIRECT HELP to those that need it.

    True, this does lead to nationalisation but would be a “beneficial nationalisation”, not an enforced one. In any case, is that any worse than the tragic situation we are facing now? Is that any worse than supporting the very institutions that have caused the huge and world-wide financial collapse?

    But as I said in the beginning … what do I know of high finance? All I know is that when there are debts to pay, giving further loans only worsens a bad situation. Giving such loans through those at so grossly mismanaged matters the first tome is utter stupidity.

    Blog Author Comment

    I believe the fundamental problem with the financial crisis, lies in the creation of money itself. I invite any and all reader to find about the system called the “Fractional Reserve”. This system permits a bank to lend up to 10 times the amount of a deposit, or can lend ten times the amount of reserves it holds. On a grand scale it is easy to see it is a Ponzi scheme. This unsustainable system, has been the real “hidden hand” permitting crisis, and make Fat-Cats, even fatter.

    Please for more information watch the documentary called ” Money Masters – How Int. Bankers Control America” Money Masters – How Int. Bankers Control America

    Posted in Economics | Tagged: , , , , , , | Leave a Comment »

    More examples of your STIMULUS programs!

    Posted by commendatori on February 5, 2009

    The Coming Depression
    Wednesday, Feb 4, 2009

    • $2 billion earmark to re-start FutureGen, a near-zero emissions coal power plant in Illinois that the Department of Energy defunded last year because it said the project was inefficient.

    • A $246 million tax break for Hollywood movie producers to buy motion picture film.

    • $650 million for the digital television converter box coupon program.

    • $88 million for the Coast Guard to design a new polar icebreaker (arctic ship).

    • $448 million for constructing the Department of Homeland Security headquarters.

    • $248 million for furniture at the new Homeland Security headquarters.

    • $600 million to buy hybrid vehicles for federal employees.

    • $400 million for the Centers for Disease Control to screen and prevent STD’s.

    • $1.4 billion for rural waste disposal programs.

    • $125 million for the Washington sewer system.

    • $150 million for Smithsonian museum facilities.

    • $1 billion for the 2010 Census, which has a projected cost overrun of $3 billion.

    • $75 million for “smoking cessation activities.”

    • $200 million for public computer centers at community colleges.

    • $75 million for salaries of employees at the FBI.

    • $25 million for tribal alcohol and substance abuse reduction.

    • $500 million for flood reduction projects on the Mississippi River.

    • $10 million to inspect canals in urban areas.

    • $6 billion to turn federal buildings into “green” buildings.

    • $500 million for state and local fire stations.

    • $650 million for wildland fire management on forest service lands.

    • $1.2 billion for “youth activities,” including youth summer job programs.

    • $88 million for renovating the headquarters of the Public Health Service.

    • $412 million for CDC buildings and property.

    • $500 million for building and repairing National Institutes of Health facilities in Bethesda, Maryland.

    • $160 million for “paid volunteers” at the Corporation for National and Community Service.

    • $5.5 million for “energy efficiency initiatives” at the Department of Veterans Affairs National Cemetery Administration.

    • $850 million for Amtrak.

    • $100 million for reducing the hazard of lead-based paint.

    • $75 million to construct a “security training” facility for State Department Security officers when they can be trained at existing facilities of other agencies.

    • $110 million to the Farm Service Agency to upgrade computer systems.

    • $200 million in funding for the lease of alternative energy vehicles for use on military installations.

    Posted in Economics | Tagged: , , | Leave a Comment »

    U.S. Treasury Begins Final Blowout Phase as Fed Ramps up Inflationary Debt Purchases Using Fictitious Money

    Posted by commendatori on February 5, 2009

    Mike Adams
    Natural News
    Thursday, Feb 5, 2009

    For those who haven’t been paying much attention to the financial situation recently, the U.S. Treasury has just entered what I call the “final blowout phase” of debt desperation. As FT.com reports, the Treasury is set to auction off $67 billion in debt next week, to be followed by increasingly frequent auctions of yet more debt, to the tune of unknown billions (or even trillions) each year.

    The question is: Who is stupid enough to actually buy a 30-year debt note from the U.S. Treasury? The hilarious answer is: The Federal Reserve, of course!

    Yes, the Fed will begin creating yet more money out of thin air in order to buy the IOUs of the U.S. Treasury and create the appearance that somebody is still buying U.S. debt.

    At this point, it should be apparent to anyone with functioning brainwaves that the only reason the Fed has to step in and buy the debt is because nobody else is willing to pay for it! If you’re a rich oil sheik in the Middle East, do you want to trade your hard-won wealth for pieces of paper with IOUs written on them from a nation that has no financial future and can’t even find buyers for its debt anymore?

    Of course not. Especially not for a measly 2.9% interest rate. The number of international suckers willing to pony up cash in exchange for empty promises from a bankrupt country is dwindling fast. So the only remaining buyer is the private company running the counterfeiting machines: The Federal Reserve.

    The upshot of all this, by the way, is that the Fed’s creation of new money to buy Treasury debt will result in the rampant acceleration of hyperinflation of the U.S. currency. The layers of madness in all this simply defy explanation. The financial pros are taking their money and exiting the U.S. banking system faster than a room full of Senators running away from responsibility.

    There are now only two lawmakers in Washington who seem willing to stand up to the Fed: Rep. Ron Paul and Rep. Dennis Kucinich. (Neither are Senators, by the way.)
    Enjoy the puppet show… ouch!
    The Fed buying debt from the Treasury through the use of made-up money is something of a circus. Or, perhaps, a puppet show. And that puppet show goes something like this: I have a puppet on my right hand named Treasury, and it talks to a puppet on my left hand named Fed. My right-hand puppet (Treasury) says it needs some money, so it writes up a collection of IOUs on some scrap paper. My left-hand puppet (Fed) prints up a bunch of green paper money and trades them for the IOUs.

    My right-hand puppet then hands that cash to rich, elite bankers who run Wall Street while my left-hand puppet prints up yet more cash to replace the cash it used to buy the IOUs. When they’re done with all that, both puppets plunge deep into my pockets and grab me by the balls because, of course, I’m a taxpayer, and that’s who ultimately gets squeezed in this racket.

    Let me be very, very clear to everyone bright enough to get this. I want to be CRYSTAL clear and on the record with this: Anyone left holding U.S. dollars when the music stops is going to lose most of the value those dollars once represented. In time, we will see a mass exodus from the U.S. dollar take place, and when that scenario unfolds, only about 1% – 2% of the people will be able to cash out or convert their dollars into something representing real value. The remaining 98% (or so) could lose everything. That’s because the U.S. dollar is a house of cards based on vanishing echoes of lingering faith in the solvency of the now-bankrupt U.S. government (that’s still fighting and funding two wars).

    It’s all just paper, after all… truly just pieces of paper with larger and large numbers printed on them. That paper is backed by the “full faith and credit” of a nation that’s so far beyond bankruptcy that its political leaders can’t even utter the phrase “national debt” anymore without being chased off stage by angry voters.

    It won’t be long before the world realizes just how fragile the whole racket really is. Remember this: What Madoff was arrested for (the Ponzi scheme), the Fed has been pulling off for nearly a century! The U.S. Treasury / Federal Reserve debt scam is the greatest Ponzi scheme this world has ever witnessed. The only difference is that while Madoff screwed the rich, the Fed is screwing everybody.
    A banker walks into a bar…
    Here’s a new twist on an old joke you might find funny:

    Three rich Wall Street banksters and a Federal Reserve official are flying over New York City in a private jet bought with bailout money. The first banker says, “Why don’t we throw a thousand dollars out the window and help somebody?”

    The second banker says, “Why don’t we throw a million dollars out the window and help even more people?”

    The third banker says, “Why don’t we throw a trillion dollars out the window and help everybody?”

    The Federal Reserve official pauses, looks at the bankers and says, “Again?”

    And finally, the (Libertarian) co-pilot turns around and says, “Why don’t we throw you guys out the window and just help ourselves?”

    Helicopter ben

    Helicopter ben

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    Where is the Tax Payers money going for the new bailout? Neon for Vegas, Harleys for Shreveport

    Posted by commendatori on February 5, 2009

    Las Vegas, which by some accounts already glitters, wants $2 million for neon signs.

    Boynton Beach, Fla., is looking for $4.5 million for an “eco park” featuring butterfly gardens and gopher tortoises.

    And Chula Vista, Calif., would like $500,000 to create a place for dogs to run off the leash

    These are among 18,750 projects listed in “Ready to Go,” the U.S. Conference of Mayors’ wish list for funding from the stimulus bill moving through Congress. The group asked cities and towns to suggest “shovel ready” projects for the report, which it gave to Congress and the Obama administration.

    Although the bulk of proposals are roads, sewers and similar projects, some wouldn’t require a shovel at all. The mayors group sees a potential 1.6 million new jobs from the projects, though a few of them wouldn’t create any.

    Some localities are using a kitchen-sink strategy. “Our approach has been to list everything, because we don’t know what the final guidelines will be or what the final dollar amount will be,” says Greg MacLean, public-works director in Lincoln, Neb.

    Among entries on Lincoln’s list is a $3 million environmentally friendly clubhouse for a municipal golf course. “From a public-perception standpoint, I see how it could be an issue,” Mr. MacLean says. But, he says, construction would create 54 jobs.

    The debate about what is appropriate stimulative spending, now raging in Washington, echoes differences over the Works Progress Administration during the Depression. It built 651,000 miles of roads and 24,300 miles of sewer lines, but was sometimes lambasted because it also paid for murals and battlefield monuments. “That’s when the word ‘boondoggle’ first came into use” in its modern sense, says William Creech, of the U.S. National Archives and Records Administration.

    Some Proposed Projects

    Location Project Cost Jobs Created
    Austin, Texas Building a 36-hole disc golf course $886,000 4
    Boynton Beach, Fla. Development of an “eco park” with butterfly garden $4.5 million 50
    Virginia Beach, Va. Replacement tennis courts $1.8 million 38
    Shreveport, La. Purchase of eight police-equipped Harley-Davidson motorcycles $150,000 1
    Chula Vista, Calif. Construction of a dog park $500,000 7

    Source: The United States Conference of Mayors’ Main Street Economic Recovery report

    The mayors’ $149 billion project list is just one of many circulating in Washington and state capitals. Massachusetts — which, like other states, will have a say in distributing the money — has 4,000 project submissions from 51 towns competing for stimulus money. The San Diego Association of Governments came up with 1,043 possible projects in its region.

    With their needs acute, some localities are abandoning boosterism, promoting their community as being more run-down than the next town. In central Maine, Pittsfield Mayor Tim Nichols says the roof on a town-owned theater is rickety, potholes are a “pain in the hiney,” and underground pipes are so decrepit “you got sewers backing up in cellars and in lawns.” Pittsfield would like about $6 million from Washington.

    In Randolph, Vt., Town Manager Gary Champy says federal money to fix “old and pockmarked” roads in his town would lift the mood of residents, because “they’d feel like the government was working for them.” He adds: “This money isn’t going to banks.”

    Shreveport, La., has $2.3 billion in projects ready to go. Mayor Cedric Glover’s priority is repairing roads, but he’s also asking $6 million for three aquatic centers with water slides, which he says would improve quality of life and create construction jobs.

    And he would like the U.S. to buy Shreveport eight new Harley-Davidson motorcycles for its cops. This item would produce little local hiring, he acknowledges, but “Harley-Davidson is a great American company. Orders coming from municipalities like ours to a company like that certainly would be stimulative.”

    The Conference of Mayors report has about a dozen golf-course-related projects. A lot of cities want to use funds to upgrade parks, such as Chula Vista, with its plans for a dog park that would include shading and fountains. San Bernadino, Calif., wants $1.1 million for park improvements, including a skateboard ramp and two “splash-park installations.” City officials in the communities say these aren’t their top priorities, but defend the projects as worthwhile.

    Austin, Texas, could use $886,000 to build a 36-hole “disc golf” course, for frisbee tossing. It would be “environmentally and financially sustainable.” John Hrncir, government-relations officer, says the project list “was put together on very short notice,” and “we are not going to submit anything that is questionable when we seek actual funding.”

    Heather Boushey, a senior economist with Center for American Progress, a liberal think tank in Washington, D.C., says parks and golf courses shouldn’t be deemed frivolous if they create jobs and are seen as long-term investments by their cities. She says the flood of proposals underscores a need for transparency in stimulus spending, which officials have promised.

    The stimulus bill the House approved last week provides an array of tax cuts and a heavy dose of spending for new roads and bridges, public safety, expanded jobless benefits, food aid, wider broadband service and renovations for schools and public housing. Congress has said funds will be distributed to local governments through existing federal programs, either directly or through the states. Though the House approved an $819 billion bill, the final cost will depend on the Senate’s vote and on compromises the House and Senate make.

    The House bill envisions a board and inspectors general to review the overall spending. It says governors, mayors or others who make funding decisions will have to post details of each project, such as its purpose and cost, on a special Web site, and certify that it’s a good use of taxpayer money.

    Las Vegas, in seeking stimulus money for neon, says there’s a shortage of glitz off its beaten path. “When people think of Las Vegas, they think of the Strip, of Caesar’s Palace,” says city spokesman Jace Radke, but he says this project would help revitalize a blighted neighborhood.

    As for the eco-park envisioned by Boynton Beach, its parks superintendent, Jody Rivers, says the $4.5 million project would generate jobs, teach residents about environmentally friendly living and highlight nature, such as the “unique gopher tortoises on the site.”

    Dave Hansen, deputy city manager in Virginia Beach, Va., says localities are seeking funding for “some stuff that’s just a Santa Claus wish list.” He compiled $1 billion worth of local projects for inclusion in the mayors’ report. He calls that a “Holy Grail” list that town officials have now ranked by priority.

    A former colonel in the Army Corps of Engineers, Mr. Hansen says the town’s top priorities are replacing a 50-year-old bridge ($90 million) and building a pumping station to alleviate flooding ($20 million). Lower on Virginia Beach’s list are items like “urban tree canopy protection” for the city ($3.75 million).

    Also, $1.8 million to build municipal tennis courts. “Is it a bona fide need? Absolutely,” Mr. Hansen says. “Do you want to compare it to replacing a 52-year-old school? Well, probably not.”

    Write to Jennifer Levitz at jennifer.levitz@wsj.com and Philip Shishkin at philip.shishkin@wsj.com

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    Roubini Joins Faber and Rogers in Saying Bubble in Treasuries Will Likely Burst

    Posted by commendatori on February 5, 2009

    George Washington’s Blog

    In “Will U.S. Treasuries Be the Next Asset Bubble to Burst?”, Nouriel Roubini writes:
    • In 2009, any signs of a less than dire economic outcome as deflation may burst the bubble in Treasuries.***
    • This bubble is motivated by fear rather than greed. Investors are seeking to protect themselves against deflation and declining stock markets by blindly acquiring “risk-free” government bonds [Financial Times - "FT"]
    • Institutional investors also contributed to the bond bubble. Pension funds, insurers and others have sold off toxic securitized triple-A rated bonds and replaced them with Treasuries. Government bonds are attractive for diversification purposes since they have held up while just about everything else in their investment portfolios has collapsed (FT)
    • The Federal Reserve’s signals that it might buy longer U.S. government maturities added momentum to the epic rally (FT)
    • The median forecast of 19 primary dealers is that 10yr bond yields will rise to 3% and 2yr yields will rise to 1.2% in 2009 (Bloomberg)
    • Because of the low income on Treasury securities, it would take only a small rise in yields for total returns on Treasuries to turn negative (Merrill)
    • Given the level of extension in yields, it would not be difficult to generate losses of say 10% in the 10-year Treasury bond, and as much as 20-25% in the 30-year Treasury bond over a very short period of time [Hussman Funds - "Hussman"]
    • If the dollar holds steady, Treasury bond prices are likely to plunge; if Treasury prices hold steady, the value of the dollar is likely to plunge. Either way, foreign holders of Treasury securities are facing probable losses, and they know it (Hussman)
    • The specter of deflation and Japan’s experience in the 1990s suggest bond yields could fall significantly further – 10yr JGB yields went on to find a low of 0.45% despite massive fiscal stimulus. Ironically, it was the start of quantitative easing in March 2001 when yields ticked up (JPMorgan)
    While Roubini does not explicitly talk about shorting long-term treasuries, as do Marc Faber and Jim Rogers, he does appear to believe that the long-term treasury bubble will likely burst. However, this is subject to two large caveats:

    (1) If the economic situation remains dire, the treasury bubble may continue for a while; and

    (2) Instead of treasuries tanking, the dollar might tank.

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    Cloning passport card RFIDs in bulk for under $250

    Posted by commendatori on February 4, 2009

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    H A A R P – Project Bluebeam China Earthquake connection

    Posted by commendatori on February 3, 2009

    China’s Earthquake

    Modern Examples:

    Toronto May 25 2008

    Full China Sichuan Province Video

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    Assassination By Plane Crash’ Of Top American Bankers Fails In US

    Posted by commendatori on February 3, 2009

    By: Sorcha Faal

    Russian Military Intelligence reports circulating in the Kremlin today state that an attempt to shoot down an American passenger plane over New York City carrying some of the top officials from the United States largest bank, and largest financial services company in the World, Bank of America, failed when the pilot quickly reacted to his crippled and burning aircraft by landing it in the Hudson river extinguishing the spreading flames and saving the lives of all aboard.

    Quoting some of the direct statements from passengers on the attacked aircraft (including Jeff Kolodjay who stated “I heard a loud explosion from the left side of the plane [and] the smell of gas was strong.”, and Dave Sanderson who also stated “I heard an explosion and saw some flames coming from the left wing.”) the FSB additions to these reports state that ‘without a doubt’ the missile used to attack this US aircraft was a Russian made Igla-S man-portable air-defense system manufactured at the Degtyarev factory in the city of Kovrov due to its ‘unique frequency signature’ recorded by [listening devices] located at Russia’s UN Mission offices in New York City and orbiting satellites.

    It has long been known by Russian Intelligence Analysts that the American Central Intelligence Agency (CIA) has been in possession of 50 Igla-S missiles stolen from Russia by the British MI6 terrorist spy ring run by their agent Hemant Lakhani, and who in 2003, while being pursued by FSB commandos was ‘rescued’ by CIA forces and brought to the United States where he remains today.

    It should be noted that the United States has stated that Hemant Lakhani was ‘convicted’ by their Federal Court and sentenced to 47 years in prison for his arming of terrorists with stolen Russian weapons, but to this date, FSB requests to have this verified, and to actually see and interrogate Lakhani, have been denied by US Intelligence Officials. Likewise, repeated Russian requests to have the stolen Igla-S missiles returned have been denied as the Americans have stated that they are still being used as ‘evidence’.

    To the reason behind this attack upon some of the most powerful bankers in the United States, these reports continue, was to further the collapse of the American economy by ‘assassinating by plane crash’ Bank of Americas top officials who were returning to their home base in North Carolina after negotiating a $138 Billion US government bailout, and which would ‘totally destroyed’ the stock value of Americas largest bank plunging the US into further financial chaos.

    As to why these most powerful of American bankers would even be allowed to fly on aircraft normally used by ordinary people, these reports continue, the US Congress had previously pressured all of their Nations top industrial and banking officials to stop using their private airline fleets while at the same time accepting from the American taxpayers billions of dollars in bailout funds.

    FSB opinions on this new American policy, however, point out that to refuse such high officials the protections and security offered by their own private airline fleets is ‘insanity’ as it not only exposes these officials to assassination but poses the ‘greatest danger possible’ to all other ordinary people surrounding them when attacks such as this occur.

    Not being understood by the American people about the Bank of America, is that unlike its failed, and collapsed, counterparts on Wall Street, it has not only survived the initial onslaught against the United States financial system, but has actually been expanding by picking up some of the most lucrative parts of what has been left from the destroyed New York banks it had previously outwitted.

    However, Russian Financial Analysts state in these reports that as Bank of America has now become the ‘final lynchpin’ needed to be destroyed in order to totally, and finally, collapse the United States economy, those ‘forces’ seeking to destroy America must ‘bring it down’.

    This may harder, though, than its ‘adversaries’ have planned for, continue these reports, as the present day Bank of America is comprised of the two most powerful banking forces of the Vatican these past nearly 150 years with one part being the Bank of Italy, founded in San Francisco by Amadeo Giannini in 1904, and the other part being the Southern United States banking giant NationsBank located in Charlotte, North Carolina, which merged to become what today is Bank of America.

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    WW3 Trumpet of Revelation 2009 martial law civil unrest end time

    Posted by commendatori on February 2, 2009

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    Hal Turner Debunked – Next Phase: Digital Currency?

    Posted by commendatori on February 2, 2009

    Let me start by saying I just discovered a gentleman by the name of Hal Turner, supposedly a former radio host and lawyer , online showing the supposedly new currency Amero coin.

    There has been so much rumors online about a new amero currency that is suppose to replace the u.s dollar during the merger of USA/Canada/Mexico.

    As I’ve laid out in other articles, I don’t believe our global reserve currency will be the amero, because it will not be traceable as a digital credit system that will be in place sometime soon. First of all, I’m sure most people who have done their research on the illuminati and nwo, already have heard about the amero currency. Now, do you really think the government, knowing the amero exposure, will still release the new currency, which will in turn, give credibility to all those people who believe the amero is the next big thing.

    Hal Turner explains the US has shipped billions of these coins to china to get ready for the collapse of the US dollar. Someway somehow he has supposedly gotten access to one of the coins in the shipment, mind you, is government protected with highly advance security. On this YouTube video clip below, he shows what appears to be a metal type copper coin, that supposedly was part of the shipment going into china. I also wonder how in the world did he get one of the coins in shipment, a small time guy like him.

    Article Source

    The Future Economy Worldwide Evolution

    I was doing a bit more research on our latest president, Barak Obama , and came up with a rather disturbing plan discussed by our government 10 years ago.

    In 1997, the government published an article that discussed that in 2008 will be the last united states election, and an African American will win the presidential election and become our first black president.

    This is a very important part, as Obama wasn’t even around at the time. The plan is to have an African American as president, a huge distraction towards millions of people, while the government behind the scenes quietly destroys and devalues the American dollar, thus eventually creating a new and controllable world global currency that will be controlled by computers only.

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    Rep Dennis Kucinich remarks on Congress Secret Meetings

    Posted by commendatori on February 2, 2009

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    Obama To BAN Guns and Bullet Shortage – 2nd Amendment at risk

    Posted by commendatori on February 2, 2009

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    Charts Predict: Oil May Whip Back up to $100

    Posted by commendatori on February 2, 2009

    Oil prices could bounce back toward $100 a barrel as the huge decline over the past twelve months looks set to give back up to half of its fall, Robin Griffiths, technical strategist at Cazenove Capital, told CNBC.

    “After a major fall like that you would expect it to retrace a quarter, a third or a half of the previous fall and as that was an enormous fall, quite a decent bounce is likely to come,” he said.

    Oil has fallen well over $100 a barrel since the high of above $147 hit in July. If prices were to regain half of their declines, oil could be back up in the $90-$100 range, according to Griffiths’ predictions.

    The “downtrend has now come to an end,” he said. “There is in fact a well-established seasonality to the oil price and the lows tend to form around now,” he added.

    Video Here

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