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Pecunia Emptor
That profit can come about by borrowing money from the Fed at 0% (they are the only ones in the nation with access to this favorable rate at the central bank), and then investing it at 3.5% in Treasuries. This little scam, in which the Fed transfers wealth from those in the US who have actually saved money (mostly retired people) to the big banks, is risk free money for the banks because the Fed has promised this game will go on for “an extended period.” Image
PLANET CHOMSKY VS. DERSHOWITZ’S ORBIT
BY GILAD ATZMON
The Israeli Interior Ministry on Sunday denied entry to Jewish American linguist Prof. Noam Chomsky turning him back from the Allenby Bridge border crossing in the Jordan Valley. Seemingly, the moral ash cloud that is pouring out of the morbid Jewish ghetto known as Israel is not going to clear. It is there to stay.
On the face of it, Chomsky’s border incident shouldn’t take us by surprise. Israel is the Jewish state and as such it operates as a synagogue of great magnitude. The synagogue is an exclusive entity, it only allows in those who fit. The synagogue is neither democratic nor liberal, it is actually subject to tribal judgments that have very little to do with ethics or universalism.
Economic Power: Avoid Arizona and Boycott BP
Joel S. Hirschhorn
Money is power. Each of us has it to varying degrees. Our challenge is to use our spending to advance worthy goals. Right now we see economic power being used against the state of Arizona because of the awful legislation recently passed that makes it all too easy for police there to seek proof of citizenship from virtually anyone they choose. Many groups and government entities have already cancelled conferences and other activities in Arizona, sending state and business leaders into a frizzy. They deserve to suffer as do the vast majority of Arizona citizens that supported the legislation. Every American that professes love and respect for the Constitution should avoid spending their tourism and other kinds of spending in Arizona.
DOGS FOR JEWS
GILAD ATZMON
The Israelis indeed internalised the Shoa experience. Very much like notorious Ivan the Terrible from Treblinka who reportedly unleashed his dog against camp inmates, the IDF Border Guard employs dogs against Palestinian demonstrators and Israeli political opposition.
Ynet reported today that Security forces arrived near the village of Dir Nizam accompanied by the Border Guard's canine unit. "They chased us with vicious dogs," one of the protestors said.
Israeli security officials say the new tactic helped spot and detain stone throwers. "The dogs help us apprehend people without hurting them. They are not attack dogs – they are patrol dogs trained to use their sense of smell and vision to conduct short chases, pinning the suspects to the ground until the soldiers arrive."
As usual, the Israeli official lies. Watch this film and judge for yourself.
Congressional Climate Bills - Stealth Schemes to Raise Energy Prices and Enrich Wall Street
by Stephen Lendman
On June 26, 2009, HR 2454: American Clean Energy and Security Act of 2009 (ACESA) passed, purportedly "To create clean energy jobs, achieve energy independence, reduce global warming pollution and transition to a clean energy economy."
In fact, it lets energy polluters raise prices for huge windfall profits and gives Wall Street a bonanza through carbon trading derivatives speculation. Catherine Austin Fitts' Solari.com blog explained it last July in her article titled, "The Next Really Scary Bubble" is coming, saying:
"If you think the housing and credit bubble diminished your financial security and your community, or the bailouts, or the rising gas prices did as well, hold on to your hat" for what's ahead. "Carbon trading is gearing up to make the housing and derivative bubbles look like target practice," or in other words, be the mother of all scams, courtesy of administration, House and Senate collaboration with Wall Street and the energy giants.
The Terminator 'Soaks the Poor'
by Len Hart, The Existentialist Cowboy
The terminator has terminated futures for some 1.3 million citizens with sweeping budget cuts that affect only the poor. The terminator's cuts eliminate CalWorks, the state's main welfare program. Some 1.3 million --one million of which are children who will be left to fend for themselves with little choice but to turn to crime.
The rest will be unemployed, cut off, some left to starve or turn to crime. Is this what the GOP has mind? Is this an opportunistic move to fill up the corporate-owned prison, like those in Texas, in which every child that is left behind? Is this a deliberate move to provide 'corporate-persons' with slave labor because the 'state' has refused to support education?
America's Five Most Corrupt Capitalists (LOL)
By Robert Singer
I just got another one of those, “must read emails to reinforce what I am suppose to know” from our friend J.J. Citizen aka Joey Aqui.
“Read an article at AlterNet: America's Ten Most Corrupt Capitalists (In the O'Bummer administration), posted on May 13, by Zach Carter.
Zach Carter is an economics editor at AlterNet and a fellow at Campaign for America's Future.
Zach writes:
“The financial crisis has unveiled a new set of public villains—corrupt corporate capitalists who leveraged their connections in government for their own personal profit. During the Clinton and Bush administrations, many of these schemers were worshiped as geniuses, heroes or icons of American progress. But today we know these opportunists for what they are: Deregulatory hacks hellbent on making a profit at any cost. Without further ado, here are the 10 most corrupt capitalists in the U.S. economy.”
As you would expect all Ten of them are connected to the U.S. Treasury Department and the private credit monopoly of rich and predatory moneylenders (The Federal Reserve), that creates our money out of “thin air” and makes us pay interest on it.
BP needs a new logo
Mary Shaw
I used to think that BP was rare among oil companies, because its ads expressed a concern for the environment, and the company was allegedly also working on alternative energy sources. I believed the PR and fell for the green-and-sunny-looking logo. After all, BP's website talks about how the company is invested in the development of wind, solar, and hydrogen energy, biofuels, and carbon capture and storage.
But then my bubble burst.
Too Big to Exist - Big Oil
There is no viable solution insight for the out of control oil gusher in the Gulf of Mexico. The stunning failure of British Petroleum (BP) raises the question - are these oil giants too big to exist? Are they too dangerous to function in our presence? BP has four permanent deep water structures and 28 boreholes operating at a water depth of greater than 5000 feet in the Gulf of Mexico. What's next?
British Petroleum (BP) had the resources to drill the well but lacked the planning and ability to deal with its failure. The oil giant's performance inspired ridicule by Jon Stewart in a recent Daily Show comment ("There will be blame"). The White House was not amused, however. Nobel Prize winning physicist and Secretary of the Energy, Steven Chu, is now in Houston with a team of cutting edge scientists tasked with mentoring BP and devising a viable solution as the oil giant continues to falter.
Big oil, government long secreted license to kill
Edited excerpt by Carolyn Bennett
Apropos this latest human and environmental catastrophe caused by a long train of deliberate failures in U.S. constitutional governance - failure to provide for the common defense, promote the general welfare, and secure liberty for this and future generations - Charlotte Dennett's reporting on the context of oil seems ripe for thought. Dennett wrote "The war on terror and the great game for oil: how the media missed the context" chapter in Kristina Borjesson's edited collection Into the Buzzsaw: Leading journalists expose the myth of a free press.
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