CHENEY PREPARING TACTICAL NUKE STRIKE ON IRAN
Daily lies in the media about Iran supplying roadside bombs, etc to Iraqi terror elements , think for yourselves people, rise above the media lies.
Israeli Government Owned Company 'Guarding' ALL US Nukes and Utilities.
Read the details...
June 03, 2009
Economic Policymakers Have Created A Perfect Storm
By Paul Craig Roberts
Economic news remains focused on banks and housing, while the threat
mounts to the US dollar from massive federal budget deficits in fiscal
years 2009 and 2010.
Earlier this year, the dollar?s exchange value rose against currencies
such as the Euro, UK pound, and Swiss franc, against which the dollar
had been steadily falling. The dollar?s rise made US policymakers
complacent, even though the rise was due to flight from over-leveraged
financial instruments and falling stock markets into "safe" Treasuries.
Since April, however, the dollar has steadily declined as investors and
foreign central banks realize that the massive federal budget deficits
are likely to be monetized.
What happens to the dollar will be the key driver of what lies ahead.
The likely scenario could be nasty.
America?s trading partners do not have large enough trade surpluses to
finance a federal budget deficit swollen to $2 trillion by gratuitous
wars, recession, bailouts, and stimulus programs. Moreover, concern
over the dollar?s future is causing America?s foreign creditors to seek
alternatives to US debt in which to hold their foreign reserves.
According to a recent report in the online edition of Pravda, Russia?s
central bank now holds a larger proportion of its reserves in euros than
in US dollars. On May 18 the Financial Times reported that China and
Brazil are considering bypassing the dollar and conducting their mutual
trade in their own currencies. Other reports say that China has
increased its gold reserves by 75% in recent years.
China?s premier, Wen Jiabao, has publicly expressed his concern about
the future of the dollar. Arrogant, hubris-filled American officials
and their yes-men economists discount Chinese warnings, arguing that the
Chinese have no choice but to support the dollar by purchasing
Washington?s red ink. Otherwise, they say, China stands to lose the
value of its large dollar portfolio.
China sees it differently. It is obvious to Chinese officials that
neither China nor the entire world has enough spare money to purchase $4
trillion of US Treasuries over the next two years. According to the
London Telegraph on May 27, Dallas Federal Reserve Bank president
Richard Fisher was repeatedly grilled by senior officials of the Chinese
government during his recent visit about whether the Federal Reserve was
going to finance the US budget deficit by printing money. According to
Fisher, "I must have been asked about that a hundred times in China. I
was asked at every single meeting about our purchases of Treasuries.
That seemed to be the principal preoccupation of those that were
invested with their surpluses mostly in the United States."
US Treasury Secretary Timothy Geithner has gone to China to calm the
fears. However, even before he arrived, a Chinese central bank
spokesman gave Geithner the message that the US should not assume China
will continue to finance Washington?s extravagant budgets. The governor
of China?s central bank is calling for the abandonment of the dollar as
reserve currency, using the International Monetary Fund?s Special
Drawing Rights in its place.
President Lyndon Johnson?s "guns and butter" policy during the 1960s
forced president Richard Nixon to eliminate the gold backing that the
dollar had as world reserve currency, putting foreign central banks on
the same fiat money standard as the US economy. In its first four
months, the Obama administration has outdone President Johnson. Instead
of ending war, Obama has expanded America?s war of aggression in
Afghanistan and spread it into Pakistan. War, bailouts, and stimulus
plans have pushed the government?s annual operating budget 50% into the red.
Washington?s financial irresponsibility has brought pressure on the
dollar and the US bond market. Federal Reserve Chairman Bernanke
thought he could push down interest rates on Treasuries by purchasing
$300 billion of them. However, the result was to cause a sharp drop in
Treasury prices and a rise in interest rates.
As monetization of federal debt goes forward, US interest rates will
continue to rise, worsening the problems in the real estate sector. The
dollar will continue to lose value, making it harder for the US to
finance its budget and trade deficits. Domestic inflation will raise
its ugly head despite high unemployment.
The incompetents who manage US economic policy have created a perfect storm.
The Obama-Federal Reserve-Wall Street plan for the US to spend its way
out of its problems is coming unglued. The reckless spending is pushing
the dollar down and interest rates up.
Every sector of the US economy is in trouble. Former US manufacturing
firms have been turned into marketing companies trying to sell their
foreign-made goods to domestic consumers who have seen their jobs be
moved offshore. Much of what is left of US manufacturing--the auto
industry--is in bankruptcy. More decline awaits housing and commercial
real estate. The dollar is sliding, and interest rates are rising,
despite the Federal Reserve?s attempts to hold interest rates down.
When the Reagan administration cured stagflation, the result was a
secular bull-market in US Treasuries that lasted 28 years. That bull
market is over. Americans? living standards are headed down. The
American standard of living has been destroyed by wars, by offshoring of
jobs, by financial deregulation, by trillion dollar handouts to
financial gangsters who have, so far, destroyed half of Americans?
retirement savings, and by the monetization of debt.
The next shoe to drop will be the dollar?s loss of the reserve currency
role. Then the US, an import-dependent country, will no longer be able
to pay for its imports. Shortages will worsen price inflation and
disrupt deliveries.
Life for most Americans will become truly stressful.
Paul Craig Roberts [email him] was Assistant Secretary of the Treasury
during President Reagan?s first term. He was Associate Editor of the
Wall Street Journal. He has held numerous academic appointments,
including the William E. Simon Chair, Center for Strategic and
International Studies, Georgetown University, and Senior Research
Fellow, Hoover Institution, Stanford University. He was awarded the
Legion of Honor by French President Francois Mitterrand. He is the
author of Supply-Side Revolution : An Insider's Account of Policymaking
in Washington; Alienation and the Soviet Economy and Meltdown: Inside
the Soviet Economy, and is the co-author with Lawrence M. Stratton of
The Tyranny of Good Intentions : How Prosecutors and Bureaucrats Are
Trampling the Constitution in the Name of Justice. Click here for Peter
Brimelow?s Forbes Magazine interview with Roberts about the recent
epidemic of prosecutorial misconduct.
LET'S BAIL OUT THE RICH BANKERS WITH OUR TAX MONEY - WHAT ???
IT IS TIME PEOPLE - STOP BEING SCREWED BY THE MEGA RICH.
"Many of us were told in private conversations that if we voted against this bill on Monday that the sky would fall, the market would drop two or three thousand points the first day - another couple thousand the second day and a few members were even told that there would be martial law in America if we voted 'no'." U.S. Rep, Brad Sherman VIDEO
IT IS TIME PEOPLE - STOP PAYING TAXES! - TAKE THEIR POWER AWAY!
THE TRUTH IS OUT THERE
Arrest George Bush NOW! Before He gets away with it.
Enough 9/11 evidence exists to hang Bush, imprison thousands.
In fact, there is no shortage of oil — the reserves are increasing, not decreasing. Consider the following examples: In 2006, Chevron announced a huge oil discovery in the the Lower Tertiary zone of the Gulf of Mexico, described as “one of the nation’s biggest oil discoveries in decades,” and Brazil discovered giant new offshore oil fields in 2005 (expected to produce 773 million barrels of oil by 2025). Add to this BP’s discovery of new oil fields near the Shetland Islands, recent discoveries in the Timor Sea, Yemen, Tunisia, Libya, offshore Trinidad, in Pakistan, Angola, in the Ordovician Red River Strata of southeastern Saskatchewan, and elsewhere. Earlier this month, the Kurds of northern Iraq announced a major oil find, estimated at about 2 billion barrels. In the last 20 years, known reserves have doubled. Currently there are somewhere in the neighborhood of 680 billion barrels of Middle East reserve oil alone.
Peak Oil takes a page from publicly available CFR and Club of Rome strategy manuals that say global government needs to control the world population through neo-feudalism by creating artificial scarcity that will result in massive social unrest, widespread famine, and endless war. $15 a gallon gas will most certainly help this agenda along.
Keep in mind when reading this, that the man being interviewed is no two-bit internet conspiracy buff.
Stanley Hilton was a senior advisor to Sen Bob Dole (R) and has personally known Rumsfeld and Wolfowitz for decades. This courageous man has risked his professional reputation, and possibly his life, to get this information out to people.
...Bush and his puppets Rice and Cheney and Mueller and Rumsfeld and so forth, Tenet, were all involved not only in aiding and abetting and allowing 9/11 to happen but in actually ordering it to happen. Bush personally ordered it to happen. We have some very incriminating documents as well as eye-witnesses, that Bush personally ordered this event to happen in order to gain political advantage, to pursue a bogus political agenda on behalf of the neocons and their deluded thinking in the Middle East. ...
NETBANK, a pioneering internet-based bank, has been shut down by US regulators in the biggest American banking collapse for 14 years.
The bank’s failure, revealed late on Friday night, comes as financial groups are still reeling from the fallout of America’s sub-prime mortgage crisis and recent freeze in credit markets. read more..."
SOMETHING MOST AMERICANS NEED TO REALIZE
(he went to the hospital with slight chest pain, and left in a body bag)
Who owns You - by the Late George Carlin
There?s a reason that education sucks, and it?s the same reason
it will never ever ever be fixed.
It?s never going to get any better, don?t look for it. Be happy with what you?ve got.
Because the owners of this country don?t want that. I?m talking about the real owners now, the big, wealthy, business interests
that control all things and make the big decisions. Forget the politicians, they?re irrelevant.
Politicians are put there to give you that idea
that you have freedom of choice. You don?t. You have no choice. You have owners.
They own you. They own everything.
They own all the important land, they own and control the corporations, and they?ve long since
bought and paid for the
Senate, the Congress, the State Houses, and the City Halls. They?ve got the judges in their back pockets.
And they own all the big media companies so they control just about all the news and information you get to hear.
They?ve got you by the balls. They spend billions of dollars every year lobbying to get what they want.
Well, we know what they want; they want more
for themselves and less for everybody else.
But I?ll tell you what they don?t want?they don?t want a population of citizens capable of critical thinking.
They don?t want well informed, well educated people capable of critical thinking. They?re not interested in that.
That doesn?t help them. That?s against their
interest. You know something, they don?t want people that are smart enough to sit
around their kitchen table and figure out how badly they?re getting fucked by a
system that threw them overboard 30 fucking years ago.
They don?t want that, you know what they want?
They want obedient workers, obedient workers.
People who are just
smart enough to run the machines and do the paperwork and just dumb enough to passively accept all these
increasingly shittier jobs with the lower pay, the
longer hours, the reduced benefits, the end of overtime and the vanishing pension
that disappears the minute you go to collect it. And now they?re coming for your social security money.
They want your fucking retirement money; they want it back so they can give it to their criminal friends on Wall Street.
And you know something? They?ll get it. They?ll get it all from you sooner or later because they own this fucking place.
It?s a big club and you ain?t in it! You and I are not in the Big Club. By the way, it?s the same big club they use to beat you in the
head with all day long when they tell you what to believe. All day long beating you over the head with their media telling you what
to believe, what to believe, what to think and what to buy. The table is tilted folks, the game is rigged. Nobody seems to
notice, nobody seems to care. Good honest hard working people, white collar, blue collar, it doesn?t matter what color shirt you have on.
Good honest hard working people continue, these are people of modest means, continue to elect these rich cocksuckers who don?t give a
fuck about them. They don?t give a fuck about you. They don?t give a fuck about?give a fuck about you!
They don?t care about you at all, at all, at all.
And nobody seems to notice, nobody seems to care.
That?s what the owners count on, the fact that Americans are and will probably remain willfully ignorant of the big red, white, and blue dick
that?s being jammed up their assholes everyday.
Because the owners of this country know the truth, it?s called
the American Dream, because you have to be asleep to believe it."
(right on the money, George..... Rest In Peace.)
"I am the decider."
These videos are not fantasy, not made up, not conspiracy brainwash... the first is an ACTUAL SET OF United States LAWS that will be invoked as soon as ANY disaster occurs. Be it a financial meltdown of the US Economy , some "terrorist" attack, a weather disaster, whatever the FEMA organization deems apropriate excuse to use. This will suspend the constitutional rights you have been living with for your whole life - This is real, factual and terroristic. And it is from the United States Government. The second video is from a concerned group of people that are fearful of a rouge government that has gone out of control. The US Government.
Daily lies in the media about Iran supplying roadside bombs, etc to Iraqi terror elements , think for yourselves people, rise above the media lies.
"I am the decider."