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The World is Choking on Government Debt

March 24th, 2010

By Numerian posted by Michael Collins

Unprecedented relationships are beginning to form in the global bond markets. For as long as anyone can remember, the US government has enjoyed the lowest cost of borrowing whatever the maturity of the bond, because the US has been deemed the safest credit anywhere in the world. The prospect of default of the United States has been considered so low that academics describe the US Treasury bond as the risk-free bond., from which all other credit instruments are priced.

This relationship seems to be breaking down, for the first time in living history. This past week Berkshire Hathaway was able to raise funds at an interest rate lower than that of the US Treasury. Headlines in the financial press stated: “Obama Pays More Than Warren Buffett For Money.” The bonds of DuPont and other stalwart corporate names also yielded less than equivalent maturity Treasuries.

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America’s “Islamists” Go Where Oilmen Fear to Tread

March 24th, 2010

By Peter Chamberlin


Central-Asia

By following the trail of militant terrorists US forces and American interests have gained access deep in Central Asia, where oil companies have had little luck gaining a foothold on their own.

To students of American foreign policy in Afghanistan and throughout the world, it is common knowledge that the United States military and Central Intelligence often act in a manner that is contradictory to the words of American leaders. To those who care to look behind the curtain of American duplicity, which casts a veneer of benevolence over our actions, it becomes readily apparent that “Islamic militants” tend to show-up wherever American oil companies have expressed an interest. America’s historical usage of the same militant groups in the past casts suspicion on their reappearance today, all along the pathway of the projected pipelines.

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Comprehending Israel's Bigger Picture

March 24th, 2010

By Debbie Menon


Courtesy: blog.dennisfox.ne

If the general American public ever fully realizes how much death and suffering THEY have caused in Israel's name, to say nothing of THEIR own cost in blood and treasure, the odds are very high that there will be a convulsion.

(DUBAI) - AIPAC (American-Israeli Public Affairs Committee) and its cohorts have manufactured a broad level of support among the American public, but it is based on a mix of indifference, ignorance and low-level indoctrination, and is therefore extremely soft.

AIPAC and the rest know this, which is why they work so assiduously to stifle any criticism, and to keep any overt depiction of Israel's oppression of the Palestinians – an oppression far worse than anything blacks suffered in South Africa under apartheid — from public view in America.

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The US is at a Precipice

March 24th, 2010

By Timothy V. Gatto

We are at a precipice. This is the end of one era and the beginning of another. The “real” world that so many people believe in, here in America is not the world you see on your TV sets, that is the world that the government and the media want you to believe in. We are so accustomed to believing in our own American ideology that we can’t understand the ramifications of what we have done. So many people in this country continue to believe that what we have done can’t be undone. This is the reason we have come to this point. We are not “invincible”. We are not “exceptional”. We must abide by the same financial tenants that rest of the world must obey. We cannot spend above our means. We cannot spend 1.4 Trillion dollars on the military and get nothing back. We cannot give trillions in fiat money to prop up the bankers and financiers on Wall Street.

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Reasons to be pissed about the health insurance bill

March 24th, 2010

by Joshua Fulton

The health insurance bill passed, and it's one more triumph of the federal government over individual rights. All statists, rejoice! You've managed to succeed in having Big Brother intrude into one more aspect of your life. I, for one, am not happy about it, not only because I don't like living under the watchful eye of Big Brother, but also because I know that American health care used to be run in a very different way.

The government originally got involved in the health insurance industry in the 1920's, because health insurance was originally too inexpensive. That's right: too inexpensive. At the time, "fraternal societies," of which one-fourth of Americans were a part, contracted with individual doctors to provide health coverage for lodge members. This was such a good deal for the lodge members that lodge members only paid $2 for an entire year's worth of coverage. This is while non-lodge members paid $2 per visit to a doctor.

Well, that didn't last too long. The American Medical Association lobbied Congress to make it so that in order for a doctor to practice medicine in a state the doctor had to be licensed by the AMA. Congress agreed, and that was the end of the fraternal lodge insurance practice. The AMA made sure that its members did not contract with any more lodges. After all, the medical profession had its image and profits to protect.

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WHO IS THE BRITISH DOG?

March 24th, 2010

BY GILAD ATZMON

"Israel was using no less than 15 forged British passports"

Israeli officials and politicians sharply criticized the intention of the UK government to expel an ‘unnamed’ Israeli ‘diplomat’ in response to its passports being used in the Dubai assassination of Hamas Freedom Fighter Mahmoud al-Mabhouh.

MK Aryeh Eldad (Israel National Union) doesn’t show much respect to the Brits whom he compares to dogs: "I think [the] British are behaving hypocritically and I don't want to offend dogs on this issue, since some dogs are utterly loyal," Eldad told Sky News.

MK Michael Ben-Ari took it one step further. "The British may be dogs, but they are not loyal to us, but rather to an anti-Semitic system.”

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Attempted Arrest of war criminal - Cronin to Blair in Brussels

March 24th, 2010

Re-reported with comment by Carolyn Bennett

"You are guilty of war crimes, a war of aggression, military conflict waged without the justification of self-defense, in breach of customary international law specifically the Nuremberg Principles under the rubric of the Rome Statute establishing the International Criminal Court the legal body exercising jurisdiction over the crime of aggression..."

Irish journalist, Citizen David Cronin attempted to arrest former British Prime Minister Tony Blair and escort him to the nearest Brussels police station to be charged formally with these crimes.

If successful and "found to be eligible for the bounty," Cronin said, "he would prefer that the money go to a Palestinian human rights charity in the Gaza Strip."

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Health Care Reform bill Dooms America to Pharma-dominated Sickness and Suffering

March 23rd, 2010

By Mike Adams

Today the medical mafia struck another devastating blow to the health and freedom of all Americans. With the support of an inarguably corrupt Congress that has simply abandoned the real needs of the American people, the sick-care industry has locked in a high-profit scheme of disease and monopoly-priced pharmaceuticals in a nation that can ill afford either one.

And this Pharma-funded betrayal, it turns out, was led by the Democrats. Passed on a 219-212 vote that was only accomplished thanks to closed-door, last-minute secret meetings among the last holdouts, this new legislation puts America under the stranglehold of the medical mafia while doing absolutely nothing to address real health care reform. There is no mention in the bill, for example, of vitamin D for preventing cancer, or orthomolecular medicine for preventing degenerative disease. There’s not even a word about protecting health freedom or ending the century of oppression that has been waged against naturopathic practitioners by the AMA, FDA and FTC.

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The far-right fringe: Armed, bigoted, and dangerous

March 23rd, 2010

Mary Shaw

Things have gotten really ugly in the tea party world.

It was scary enough when some people showed up at town hall meetings last summer with loaded guns. But those seemed like isolated incidents. Now, however, even the unarmed tea partiers are resorting to more and more extreme displays of bigotry and hate.

Over the weekend, tea partiers gathered outside the Capitol to protest the health care reform bill. Only this time they weren't just hurling ill-informed talking points. This time they were hurling hate speech -- and worse.

In the Huffington Post, Sam Stein described the scene as follows:

Preceding the president's speech to a gathering of House Democrats, thousands of protesters descended around the Capitol to protest the passage of health care reform. The gathering quickly turned into abusive heckling, as members of Congress passing through Longworth House office building were subjected to epithets and even mild physical abuse.

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Venezuela in Washington's Crosshairs

March 23rd, 2010

by Stephen Lendman

Washington fears Hugo Chavez for good reason. His "good example" threat raises concerns that other regional leaders may follow. As a result, throughout his tenure, he's been targeted and vilified - to discredit, weaken and undermine his government to destroy Bolivarian benefits millions of Venezuelans now enjoy, won't easily give up, nor should they.

Several failed coup attempts included:

-- April 2002 for two days, an effort aborted by mass street protests and support from many in Venezuela's military, especially from the middle-ranking officer corp;

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