2011-05-06

Clinton is a Moron, Liar or Both

"We must act now, effectively and cooperatively, to blunt the negative impact of rising food prices and protect people and communities," she said at the FAO's headquarters in Rome.
The U.N. estimates that 44 million people have been pushed into poverty since last June because of rising food prices, which could lead to desperate shortages and unrest. Clinton said the world could no longer "keep falling back on providing emergency aid to keep the Band-Aid on."
Clinton/s a moron

"We must act now, effectively and cooperatively, to blunt the negative impact of rising food prices and protect people and communities,"


"Clinton said the world could no longer "keep falling back on providing emergency aid to keep the Band-Aid on."

2011-05-05

NSDD-166

The NATO-backed coalition in Libya has said it will create a fund for rebels fighting the government of Muammar Gaddafi.
The Transitional National Council (TNC), based in Benghazi, has appealed for loans of up to $3bn, saying they need around half of that for food, medicine and other basic supplies.
http://english.aljazeera.net/news/africa/2011/05/201155111319362768.html

“Al Qaeda [is] getting more and more organized and bringing people [to Libya] from abroad,” says the believer, adding that he has been contacted by militants wanting to fight in his homeland. He has not joined the frontline against forces loyal to Qaddafi because he says Muslims should not kill Muslims. "This is a great land for Al Qaeda. There are a lot of opportunities for them here. They are not far away in Tunisia, Algeria, and Egypt."
And the death of Bin Laden won’t change that, he adds: “For Islamic organizations leadership doesn’t mean much, ideology does. Leadership is just a soul that comes and goes. Ideology stays.”
“Now that Bin Laden is dead, a lot of leaders in the shade will come out … and will be smarter than him and better than him,” says Naluti. “Al Qaeda will continue. The clash of civilizations will continue.”
Al Qaeda more organized and sending militants to Libya to fight against Gaddafi

Arab Banking Corp., a lender part- owned by the Central Bank of Libya, used a branch in New York to borrow at least $5 billion from the U.S. Federal Reserve as credit markets seized up in 2008 and 2009.
Bernanke Hearts Gaddafi

"Give us back our money. We have all the bank details and documents for the transfer operations and we will make everything public soon."
http://www.presstv.ir/detail/170262.html

In Sufyan's defense, he now says he loves America. And by the way, send us some Stinger missiles:

Rebel recruits in the eastern port city of Derna are being trained by Sufyan Bin Qumu, a Libyan who was arrested following the US-led invasion of Afghanistan in 2001, and held at Guantánamo for six years. Abdel Hakim al-Hasidi, a senior Libyan rebel commander in Derna, was also held following the invasion of Afghanistan and handed over to Libyan custody two months later. Both men were said to have been released from prison in Libya in 2008 as part of a reconciliation process with Islamists in the country.
We fought in Afghanistan with the Taliban to kill Americans but, now we love America. No really, we do.

Department of Defense file on Sufyan:
Combatant Status Review for Sufyan

2011-05-04

DOJ Questions NCAA on No Football Playoff as They Turn Blind Eye to Criminal Activities by the Banks and Wall St.

The Department of Justice has sent a letter to the NCAA asking why it does not hold a playoff to determine a college football national champion.
http://content.usatoday.com/communities/campusrivalry/post/2011/05/justice-department-bcs-ncaa-football-playoff/1

"Mr. Geithner expressed concern about the fragility of the financial system. His worry, according to these people, sprang from a desire to calm markets, a goal that could be complicated by a hard-charging attorney general."

"But several years after the financial crisis, which was caused in large part by reckless lending and excessive risk taking by major financial institutions, no senior executives have been charged or imprisoned, and a collective government effort has not emerged. This stands in stark contrast to the failure of many savings and loan institutions in the late 1980s. In the wake of that debacle, special government task forces referred 1,100 cases to prosecutors, resulting in more than 800 bank officials going to jail. Among the best-known: Charles H. Keating Jr., of Lincoln Savings and Loan in Arizona, and David Paul, of Centrust Bank in Florida.
Former prosecutors, lawyers, bankers and mortgage employees say that investigators and regulators ignored past lessons about how to crack financial fraud."
http://fatboysez.blogspot.com/2011/04/criminogenic-producing-or-intended-to.html#more

New Orders Index Decline Faster Then after 9/11 or Hurricane Katrina

Most troubling, the new-orders component of the index fell 11 points, the fastest decline on record (dating to 1997), surpassing the sharp declines seen after 9/11, Hurricane Katrina and the near-collapse of the global financial system in 2008.
Print More Money Bernanke

Man Found Crucified and Wearing Crown of Thorns in South Korea

SEOUL, South Korea — The body of a man with his hands and feet nailed to a wooden cross and a crown of thorns on his head has been found in an abandoned stone quarry, South Korean police said Wednesday.
A man wearing only underwear, with a wound on the side of his torso and nylon strings tied around his neck, arms and stomach, was found crucified Sunday in Mungyong, about 115 miles (190 kilometers) southeast of Seoul, said Chung Ji-chun, chief of the violent crime section at Gyeongbuk Provincial Police Agency.
Two smaller crosses were erected on each side of the cross he was nailed to, Chung said.
Police also found nails, a hammer, an electric drill, pieces of wood and instructions on how to build crosses inside a tent near the scene, Chung said. An SUV belonging to the dead man was found nearby

Japan's Latest Export

http://apnews.myway.com/article/20110503/D9N071T00.html

http://english.ntdtv.com/ntdtv_en/news_asia/2011-05-03/chile-detects-radiation-in-cars-on-ship-from-japan.html

Spanning 28 Years, Now is the First Time That Americans Think Their Children Will be Worse Off then Their Parents

Notice the collapse in confidence over the last decade.
Economix-02youthfuture-custom1

Corresponding collapse in US based MNC's job creation in the US.


The collapse of the EMRATIO over the last decade:


And the surge in income growth to the top ten percent over the last decade and further

My New Toyota is Beautiful. It Literally Glows

http://english.ntdtv.com/ntdtv_en/news_asia/2011-05-03/chile-detects-radiation-in-cars-on-ship-from-japan.html

Mexico City

TOLUCA, Mexico – Police in the suburbs of Mexico City found a total of five decapitated bodies on Tuesday accompanied by written messages of the kind frequently left by drug gangs.
5 headless Corpses in Mexico City

2011-05-03

Lying Thieving and Corrupt Politicians Will Soon Force the Middle Class to Work Longer for Their Social Security and Pay More for Less in Medicare

WASHINGTON -- The top five recipients of federal corporate tax breaks are also among the biggest spenders in the U.S. political system -- they shelled out a combined $7.86 million in campaign contributions during the 2010 elections (in political action committee and individual employee contributions), according to analysis from the New York City Public Advocate's office. Bill de Blasio, the public advocate, is now calling on these companies to verify that no taxpayer dollars will be used in future election spending, warning such a move could "carry financial risk to the [companies'] bottom line."
/
According to the analysis by de Blasio's office, ExxonMobil, Bank of America, General Electric (GE), Chevron and Boeing had combined profits of $77.16 billion in 2010 but paid $0 in federal income taxes in their latest filing. At the same time, they gave a combined $7.86 million in political contributions during the 2010 election cycle -- a 7 percent jump over their 2008 political spending.
http://www.huffingtonpost.com/2011/05/03/recipients-corporate-tax-breaks-elections_n_856630.html

Rent to Own Furniture Company Installs Spycams in their Laptops and Watch What You Do in Your Own Home

The manager tried to repossess the computer because he mistakenly believed the couple hadn't finished paying for it, the couple said. Brian Byrd, 26, said the manager showed him a picture of Byrd using the computer — taken by the computer's webcam. The image was shot with the help of spying software, which the lawsuit contends is made by North East, Pa.-based Designerware LLC and is installed on all Aaron's rental computers.

US and NATO Allies in Libya Speak to bin Ladens Death

“Al Qaeda [is] getting more and more organized and bringing people [to Libya] from abroad,” says the believer, adding that he has been contacted by militants wanting to fight in his homeland. He has not joined the frontline against forces loyal to Qaddafi because he says Muslims should not kill Muslims. "This is a great land for Al Qaeda. There are a lot of opportunities for them here. They are not far away in Tunisia, Algeria, and Egypt."
And the death of Bin Laden won’t change that, he adds: “For Islamic organizations leadership doesn’t mean much, ideology does. Leadership is just a soul that comes and goes. Ideology stays.”
“Now that Bin Laden is dead, a lot of leaders in the shade will come out … and will be smarter than him and better than him,” says Naluti. “Al Qaeda will continue. The clash of civilizations will continue.”
Al Qaeda more organized and sending militants to Libya to fight against Gaddafi

Tillman, Lynch and bin Laden

After coming under fire, Tillman’s patrol got out of their vehicles and gave chase, moving toward the spot of the ambush. Beevers said the fighting was “sustained” and lasted 15-20 minutes.
Beevers said Tillman was killed by enemy fire, but he had no information about what type of weapons were involved in the assault, or whether he died instantly
SAN FRANCISCO – Within hours of Pat Tillman’s death, the Army went into information-lockdown mode, cutting off phone and Internet connections at a base in Afghanistan, posting guards on a wounded platoon mate, and ordering a sergeant to burn Tillman’s uniform.
/
Nearby on the same base, a staff sergeant was in his tent when a captain walked in and told him to burn Tillman’s bloody clothing.
/
Two other sergeants who examined Tillman’s vest noticed the bullet holes appeared to be from 5.56-caliber bullets — signature American ammunition. An awful realization dawned on the sergeants, whose names, like those of others who testified in the investigation, were deleted from the recently released testimony.
http://tucsoncitizen.com/morgue/2007/04/20/48990-army-ordered-tillman-s-uniform-burned-within-hours-of-death/

Jessica Lynch. You know the one. The sweet, American-pie 19-year-old soldier and kindergarten-teacher wanna-be whose army squad took a wrong turn in Iraq and was, apparently, ambushed.
And some of her comrades were killed and she was taken prisoner, full of stab wounds and bullet holes, and she was whisked off to a ragged Iraqi hospital and held for eight days by vicious Iraqi guards and ostensibly abused, and later supposedly "rescued" in the most daring and macho made-for-TV moment of the war by elite teams of hunky U.S. Army Rangers and U.S. Navy SEALs. Wow.
Except that it never really happened that way. Except that Lynch herself doesn't remember a single thing and all the nurses and doctors and eyewitnesses on the scene say the Iraqi fedayeen guards had fled the day before the "rescue," and there was no danger whatsoever, no resistance of any kind, the U.S. forces could just walk right in, and they knew it.
And the hospital doors were wide open, and the nurses and doctors had gone out of their way to provide decent care for our precious Jessica, considering the circumstances, and doctors even tried to return Lynch to U.S. forces themselves.
And despite U.S. claims, Lynch had no knife wounds or bullet holes at all, just a few broken bones, and the dramatic and violent "rescue" was really just inane and silly and entirely faked and yet America bought it, hook, line and Rumsfeld, because it was on TV.
And now, here we are. Jessica and disgraced N.Y. Times reporter Rick "Oh my God do I need a gig" Bragg just inked a $1 million book deal to tell her nonstory, titled "I'm a Soldier Too: The Jessica Lynch Story," not "Oh My God You Are Such a Sucker for Buying This Book I Mean Wow."
Because this is how we fabricate our history. This is how we spin our patriotism, how we bake our jingoistic cake, the Lynch tale the most apt and definitive myth of the war so far.
http://www.commondreams.org/views03/0905-09.htm

WASHINGTON – Deputy National Security Adviser for Homeland Security and Counterterrorism, and Assistant to the US President John Brennan said that Osama bin Laden was involved in a firefight with US forces when he was killed on Sunday in Pakistan.
/
The order was given to take bin Laden alive if possible, but if encountering likely resistance, he could be killed on sight, according to Brennan. He said bin Laden was killed in the firefight, along with his son, two couriers at the house and his wife, the latter of whom appeared to have been used as a human shield.
http://www.jpost.com/International/Article.aspx?id=218906
White House officials can't get their story straight about what happened in the Pakistani compound where Osama Bin Laden was killed. Though officials have clarified that he was shot twice -- in the head and in the chest -- reports from Monday that Bin Laden was using a woman, probably his wife, as a human shield so he could fire back at U.S. troops are now being backpedaled on, horrifying and villainous as they are. "He was firing behind her," an anonymous official said Monday morning. Later on Monday, an official told Politico, "I'm not aware of him having a weapon." Another official gave conflicting information that, "A different guy's wife was killed, while Bin Laden's wife was "injured but not killed." A separate official said no woman was used as a human shield.
http://blogs.villagevoice.com/runninscared/2011/05/osama_bin_laden_wife_human_shield_death_photo.php

2011-05-02

Bernanke's Bet

The danger of an inflationary wage-price spiral, goes this argument, is negligible because unemployment is high and pay is stagnant.
Maybe. But inflation’s dynamics might be changing. Here’s why. The recession caused enormous factory and business closures; now, there’s less capacity to meet rising demand. Companies have more power to raise prices; a depreciating dollar compounds the effect by making imports more expensive.

You can see this vividly in two industries: autos and airlines. Since 2006, General Motors, Ford and Chrysler have shut about 25 percent of their capacity, says economist Sean McAlinden of the Center for Automotive Research. Car “incentives” (a.k.a. price discounts) are shrinking—which means prices are rising. The same thing has happened with airlines. In 2009, they made the biggest percentage cutbacks in capacity since 1942; the number of daily domestic departures (24,798) in late 2010 was nearly 10 percent lower than in 2007. In March, domestic airfares were 11.5 percent higher than a year earlier.
http://www.newsweek.com/2011/05/02/ben-bernanke-s-bet-on-jobs-and-inflation.html

US Based Multi-National Conglomerates Employed Less Americans in 2010 then in 1999

And they need a tax cut? GE led by Immelt, Obama's point man on job creation, has 16% less American employees while increasing employees overseas since 1999. Chart from the WSJ.



Now the EMRATIO:



Check out the spike in wages for the top 10% and the flattening for all others over that time frame:




Consumer Debt:




US National Debt:



Corporate Profits:




Most Americans have no idea how truly fucked they are. The collapse will be swift and hard.