BP Death Clouds Already Onshore! Benzene-3400ppb & Hyrdrogen Sulfide-1200ppb TOXIC AIR ALERT
BP Oil Spill:Toxic Gases Spreading Inland, Scientist Says Move Out of Gulf…EVACUATIONS OF THE GULF REGION ARE COMING, FEMA WILL OPEN ITS ONE-WAY DOORS. Gases such as Hydrogen Sulfide, Benzene, Methylene Chloride, and other toxic gases pose a greater risk to human health than the presence of oil washing up on Gulf of Mexico beaches. The allowable levels of Hydrogen Sulfide and Benzene according to the EPA are 5-10 parts per billion and 0 respectively.The EPA reported the level detected in the Gulf at almost 1200 PPB for hydrogen sulfide and 3400 PPB for Benzene during the month of May. The amounts pose a serious and even fatal health risk to people and animals. For some official level reports on these deadly gases click below www.infowars.com A QUESTION WE MUST ASK OURSELVES. How bad could this go? We are just at the beginning. Consider death and debilitating illness caused by the following, simple exposure to the crude oil and make-up, or the chemical dispersant, the close proximity to the ‘burn-off’ of such ‘contained’ areas, the fumes and toxic vapors being given off ‘naturally’ at the surface of the Gulf of Mexico. Also consider the unseen GIANT PLUMES of oil snaking their way through the depths of the ocean, poisoning all marine life on their way to everywhere. What about the marshlands, deltas, swamps and low lying areas dependent on the waters for their survival. I mean the animals AND the people. Food intake, let alone money for the fisherman, will be 0. All of …
US Government 'hiding true amount of debt' link
World Financial Collapselink
Government Prepares To Seize Paychecks As Statist Cancer Explodes
Fresh round of economic fascism is about forcing us to beg big government for handouts in return for our own enslavement
Paul Joseph Watson & Alex Jones
Prison Planet.com
Monday, September 20, 2010
Forget big government – the same elite whose policies caused the financial collapse are now ready to launch the next phase of their fascist takeover of the economy – by forcing businesses to send employee paychecks straight to the government, who would then deduct the “appropriate tax” before the employee receives their wage, as the statist cancer of collectivism grows.
The proposal represents another hammer blow to financial privacy, as the establishment moves towards a total cashless society where every transaction is tracked, traced and controlled by the authorities.
“The UK’s tax collection agency is putting forth a proposal that all employers send employee paychecks to the government, after which the government would deduct what it deems as the appropriate tax and the pay the employee’s by bank transfer,” reports CNBC.
The system would be run by the same organization, Her Majesty’s Revenue and Customs (HMRC), that has become notorious for its botched handling of data and incorrect tax calculations which have forced people to spend months and even years trying to claim back unfairly claimed money seized by the taxman.
But this story is about far more than the threat of mere bureaucracy or bumbling incompetence – this is about the system exploiting the economic crisis it caused as a pretext to completely dominate and control our lives.
This is about the state handing itself the power to arbitrarily raise taxes to any level it desires and then automatically seizing the money with no chance of redress or petition on behalf of the taxpayer.
Allied to the proposal will be a new program that will force middle-class families to take government “lie detector tests,” which are notoriously unreliable and inadmissible in court, as part of intrusive tax investigations into their financial affairs.
(ARTICLE CONTINUES BELOW)
Prime Minister David Cameron and his side-kick Nick Clegg’s promise to deconstruct the Big Brother state in Britain has proven to be completely fraudulent. This is Big Brother on steroids, and it mimics a myriad of other programs on both sides of the pond that are being enforced as part of the same move towards total regulation and control over every aspect of our existence.
- Local tax authorities such as Pennsylvania telling residents “we know where you live” and threatening to use satellite imaging technology to track them down for claimed back taxes.
- So-called “smart-meters” being introduced by law to allow utility companies and the government to regulate energy consumption remotely.
- Government plans to dictate what kind of household appliances people are allowed to own and what kind of light bulbs we can use.
- Fees and restrictions on garage sales and any kind of independent, local community-driven economic activity.
- Legislation aimed at preventing people from sharing, trading, or selling homegrown food, as part of a total Homeland Security takeover of all U.S. food and U.S. farms.
Every new assault the state launches against us is focused around increasing our dependence on Big Brother and making us destitute and unable to survive without welfare.
People in the United Kingdom and the United States need to understand that their governments are malevolent and that their primary purpose is to obliterate the middle class by forcing them to become dependent on the state. As the cost of living soars, as tax hikes go through the roof, and as austerity fascism starts to bite, governments are now moving to prevent people from becoming self-sufficient, dashing the only hope of avoiding poverty for many.
Allied with the march of green fascism, the economic crisis has been ruthlessly exploited by the elite to empower the state to wholly subjugate the people under the thumb of big government. Every step they take is about enriching themselves politically and financially, while ensuring our only recourse is to beg for handouts in return for allowing ourselves to become slaves whose every action is controlled, catalogued, judged and punished by our new masters on the global plantation.
alex jones collapse part 1
alex jones collapse part 2
alex jones collapse part 3
“Entire food web at risk” say researchers just back from Gulf: OIL “may be HIDDEN in LARGE MARINE MAMMALS” — “Discolored” zooplankton found
[While in the Gulf from September 17-19, reasearchers] found oil on the seafloor, evidence that it may be in the food chain, and signs that it may be hidden in large marine mammals.
When this starts to pile up on the sea floor, the entire food web is at risk, the researchers said. The oceanographers also discovered discolored zooplankton, which eat the food chain’s primary producers – phytoplankton – near oily clouds, [Columbia oceanographer Ajit] Subramaniam said.
Iran leader warns US of war with 'no limits'
Ahmadinejad UN speech lost in translationlink- Iranian President Mahmoud Ahmadinejad gave a chaotic speech at the UN summit on Tuesday -- with no one except for the controversial leader and his delegation really sure what he said. Ahmadinehad broke off one minute into his presentation to complain about the translation to the UN assembly presidency. The president carried on again but at the end, the UN interpreters said they were only "reading from a translated text" and not following Ahmadinejad's comments.
The assembly hall was half empty, but Western delegations did not boycott the speech as they have done in previous years. According to the translated text, Ahmadinejad called for fundamental reform of "the undemocratic and unjust" world order. "Demanding liberal capitalism and transnational corporations have caused the suffering of countless women, men and children in so many countries," he was quoted as saying.
by Staff Writers
United Nations (AFP) Sept 21, 2010
Iran's President Mahmoud Ahmadinejad warned Tuesday that an attack on his country's nuclear facilities could spark a war with "no limits".
Ahmadinejad also raised new questions about the Holocaust as he raised more controversy on his visit to New York for the annual UN General Assembly meetings.
"The United States has never entered a real war, not in Vietnam, nor in Afghanistan, nor even World War II," the Iranian leader told American editors and reporters when asked about how Iran would react to any US supported strike by Israel on Iran's nuclear facilities.
"War is just not bombing someplace. When it starts it has no limits," the New York Times reported.
"Do you think anyone will attack Iran to begin with?" he said, according to Atlantic magazine's website. "I really don't think so. The Zionist regime is a very small entity on the map, even to the point that it doesn't really factor into our equation."
The UN Security Council has imposed four rounds of sanctions against Iran over its nuclear program. The United States and its allies have called for stringent application of the measures and Washington-Tehran relations have become increasingly fraught.
The western powers accuse Iran of trying to develop a nuclear bomb. Ahmadinejad denies the charge.
The Iranian leader said he was ready for nuclear talks with US President Barack Obama's administration, but said "the whole outlook has to shift," ABC News reported.
The UN sanctions had damaged the chances for an improvement in US-Iranian relations, he added.
Ahmadinejad blamed international politics for the growing tensions over the nuclear program. "Iran's nuclear case is a political case," the New York Times quoted him as saying. "Otherwise, why would it be essential for the details of our nuclear program be made available to the media?"
Ahmadinejad was again questioned about the killing of millions of Jews in Nazi death camps during World War II.
He described it as "a historical event used to create a pretext for war."
"The question is, why don't we allow this subject to be examined further.... It is incorrect to force only one view on the rest of the world," he was quoted as saying.
"We need to ask, where did this event occur, and why should the Palestinian people continue to suffer for it? I am not an anti-Semite. I am anti-Zionism," he said.
Ahmadinejad denied that Iran's opposition movement faced persecution. "Those individuals face no problems, no difficulties," he said. "They are all free in fact."
Ahmadinejad went on to give a chaotic speech at the UN summit on the Millennium Development Goals in which he blamed capitalism for the world's ills.
He soon broke off his presentation to complain about the lack of simultaneous translation to the UN assembly presidency.
The president resumed but at the end, the UN interpreters said they were only "reading from a translated text" in English and not following Ahmadinejad's comments.
The hall was half empty. Canada's delegation boycotted the speech but it appeared to be the only one to protest. In the past western ambassadors and ministers have walked out en masse.
Ahmadinejad called for fundamental reform of "the undemocratic and unjust" world order, according to a text distributed by the Iranian mission.
"Demanding liberal capitalism and transnational corporations have caused the suffering of countless women, men and children in so many countries," he was quoted as saying.
Are Sunspots Disappearing? If So, A Little Ice Age Could Be Cominglink
Iran bombing kills nine, injures 20
MAHABAD, Iran, Sept. 22 (UPI) -- At least nine people were killed and 20 injured Wednesday when a bomb went off during a military parade in the Iranian city of Mahabad, an official said.
Gov. General Vahid Jalalzadeh told the government-supported Press TV the attack was carried out by "anti-revolution agents" to "take revenge on the people of Mahabad."
Most of the victims were women and children gathered to watch the Sacred Defense Week parade held in Iranian cities each year to mark the 1980-1988 Iran-Iraq War.
No group or person has claimed responsibility for the bombing.
In Tehran, Iranian armed forces paraded their latest equipment and weapons to mark Defense Week.
Among the armaments expected to be unveiled was a turbojet-powered drone called the Karrar, the Iranian Students News Agency reported.
Hassan Firouzabadi, chief of armed forces, said his country's military power is only aimed at deterrence.
US official: Saudi arms deal warning to Iran
Posted on Pakalert
Yitzhak Benhorin
YNet
YNet
US administration and Pentagon officials told the New York Times Friday President Barak Obama is preparing to seek Congressional approval for a huge arms sale to Saudi Arabia, “mainly intended as a building block for Middle East regional defenses to box in Iran.”According to the NYT report, the key element of the sale would be scores of new F-15 combat aircraft, along with more than 175 attack and troop-transport helicopters and, if subsequent negotiations are successful, ships and antimissile defenses.
NYT said the deal has been put together “in quiet consultations with Israel, which has sought assurances that it will retain its technological edge over Saudi forces, even as Saudi Arabia improves its ability to face down a shared rival, the Iranians.”
The Economic Crisis is Worsening: Dollar Devaluation, Debt Default, Austerity and Growing Inflation link
by Bob Chapman | |||||
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Global Research, September 22, 2010 | |||||
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As quantitative easing again gets underway the failure of QE1 becomes more obvious. The crisis worsens and the illusion of any recovery is light years away. Over the past three years almost $13 trillion that we know about has been thrown down a rat hole to bail out banking, Wall Street, insurance and selected elitist entities. The dollar figure is probably much higher. We will never know, because the privately owned Federal Reserve makes its own rules. Everything they do is a state secret. The five successful quarters were only a mirage. The funds have been vaporized among lending and financial institutions worldwide. There has been no accounting and there never will be as long as the Fed is not audited and investigated. We are in an inflationary depression and have been since February 2009. Massive injections of liquidity do not work, nor have they worked for centuries under these conditions. You cannot resurrect an insolvent country in a system that is corrupt. The controllers of the US economy are about to lead the American economy and financial structure into a great dark pit. The US and the world is soon to face a global breakdown deliberately engineered by the forces of darkness. As usual the Fed was late in applying remedial therapy and that will prove costly. The funding of US debt by foreigners has become very costly and some are jumping ship and some are even using their dollars to buy gold. The game is changing, but will other countries risk a worldwide collapse by not rescuing the US economy? We don’t know but it doesn’t look promising. Monetization is coming and most nations are frozen in the headlights. Washington and NYC have applied pressure over and over again, but their arrogance has not gone unnoticed. There is a pretense of control as unemployment climbs and stability comes more into question. Headlining unemployment, U3, at 9-3/4% is dumb, when anyone with any sense can see U6 and the bogus birth/death ratio. Yes, unemployment is 21-5/8% and for those who want to see the truth it is visible worldwide. Real estate continues to descend, as the consumer reduces debt and consumption. Much of the public is deeply disturbed and that has been borne out by the primary elections and the success of the Tea Party. We are hoping more than 50% of congress is thrown out of office. The more disturbed citizens that are involved in the sovereignty-secessionist movement, which has gained much traction over the past six months, the more people there will be stressing their 10th Amendment rights. People are thrashing around for answers with 14.3% living in poverty, 44 million on food stamps and every day more jobs are lost to free trade, globalization, offshoring and outsourcing. It is not surprising that Tea Partiers and secessionists want to dramatically change Washington and make radical changes in how the one party-two party system works. People have finally had it. They know full well where trillions of dollars went. That the US and European banking system were temporarily rescued. These were the same people who caused the problem in the first place and the public unceremonially is thrown a bone, like some stray dog. It is time for Americans to use their voting power to remove these criminals they voted into office. After January 2, 2011, America will have a lame duck president and a gridlock that will keep congress from creating any further damage. This will only be the beginning as people vent their anger at Wall Street and banking and its den of thieves. This tidal wave of rejection will really manifest itself when the elitist insiders in retribution collapse the stock and bond markets. Mark our words that will happen over the next few years, as will dollar devaluation and debt default. The ball has just started to roll and where it will all end up no one knows. The temple of the Federal Reserve and Wall Street could very well be doomed to destruction. The public now understands that Wall Street and banking own the Fed and they really make all the decisions and are the creators of all inside information. they profit on almost every trade. They cannot lose. They own the game. That is why for the last 18 months there has been an exodus of funds from the stock market to bonds, gold and silver and commodities. Naked shorting is rampant and the SEC and CFTC do nothing about it. Front running, known as flash trading, rigs every trade. More than 70% of trades are computer, black box driven by pros. Is it any wonder gold and silver hit new highs every day, Weiner & Waxman bring legislation to regulate coin dealers, when in fact they want to collect data on coin and bullion buyers. America has turned into a cesspool. The reaction of the public to this crime syndicate will be staggering. Glass-Steagall will return and the wall between brokerage, banking and insurance will be re-erected. The system will be stripped in a way that 1933 and 1934 could never imagine. The system will be purged of malinvestment and banks, brokerage firms and insurance companies that are now broke will be allowed to fail. No more two sets of books. The Fed is responsible for all this debt and failure. It all lies at the feet of those who control the Fed. These are the people who have deliberately collapsed the system for more profit and power and the imposition of their dream of world government. The illusion of wealth that the Fed foisted on the public is over and the public is not ready to fall for it again. The public realizes they and the system are insolvent and they are very unhappy about it. Any effort to revive consumption will be futile. Veiled and overt threats to the public and Congress, as we saw from Henry Paulson and more recently by Ben Bernanke, are not going to work. The public is spoiling for a fight and when that happens a fight is sure to ensue. If these malevolent creatures take down Wall Street and banking you can be sure Paris, On July 14, 1789 will look like a picnic. Our aristocracy had best heed the message or they’ll end up like the 300,000 who lost their heads so long ago. Hell hath no fury like an enraged mob. The elitists had better wake up and stop their games robbery and extortion. They have to come to an end. European bankers are terrified because they are equally broke. Their pursuit of austerity is commendable, but you do not raise taxes with 1% growth. This way you have austerity coming from both ends. This policy can only end in a very hard landing. They at least are smart enough to know that throwing money at the problem, stimulus, is not going to work. They realize the financial system is going to collapse and they are trying to find ways to ease the pain. Unfortunately there is no way to do so. They’ll take all the money and credit they can from the Fed, but they still believe those running the US from behind the scenes are suicidal. Like so many before them American elitists cannot entertain that their reign of power is over. Early in 2011 the real fireworks will begin. In spite of stimulus of various kinds the economy will falter and unemployment will grow. The plight of what is really, truthfully, going on in the country and the world will become more manifest to the public via talk radio and the Internet. Government, Wall Street and banking will get little public support. The Fed will start to run into major opposition from foreigners in the funding of debt. As the lender of last resort, the injections of capital needed will grow exponentially. What we will see is austerity and growing inflation at a level not seen since WWII. The people will become more and more disillusioned with the incompetence and growing impotence of the Fed and the administration. The public will become more and more enraged as they realize who has done this to them and why. That is why talk radio and the Internet will be so important in the future. They are almost the only way the public can learn the truth regarding their plight. More than 15% of Americans are experiencing what citizens experienced in the 1930s. Deficits will go exponential, but will not redevelop the economy. More and more funds will go to the destitute who will find it impossible to find work as our transnational conglomerates continue to move American jobs to foreign lands further crippling the economy. America is in a state of financial and economic collapse that will stretch out over years. Get ready to live like Americans did in the 1930s, 40s and 50s. The world that receives US dollars for its goods and services will no longer want to recycle them for worthless Treasury and Agency bills, bonds and notes. They will dump them on the market one way or another. The dollar now at 81.32 on the USDX will fall to 74, then to 71.18, and eventually to 40 to 45. In that process the dollar and many other currencies will be devalued and their debt defaulted upon. During that process the failure of these fiat currencies will, minute by minute, be reflected in the rising prices of gold and silver in markets that will eventually become free again. In reality no currency needs to be devalued. Gold and silver accomplish that daily. Why do you think since 1988 our government and those who control our government have suppressed gold and silver prices? Gold is the barometer of fear, the only real currency that owes no one anything. Gold and silver are the antithesis of fiat money. They are the only way to restore order out of chaos. Europe’s problems are not going away. Yields on Irish bonds continue to rise as well as those of Portugal reflecting concern that they may be in a position similar to Greece. In fact the spreads are near the highs experienced last May. Ireland’s yields jumped almost half a point last week. These events can only mean Europe is headed into further financial trouble and those problems will effect bond and share markets worldwide. Markets are looking for re-flation. Whether this is the case in Europe remains to be seen, but it sure is manifesting itself in European and US stock markets. European bond markets are showing pressure, but as yet it doesn’t seem severe. It looks like the markets are looking for a negative event and that could be in Greece in the form of a forced, change of government. In addition, we believe the markets are positioning themselves for a weaker dollar and to them that means gold and silver and commodities are headed higher. Most internationals believe that global government policy makers have the situation financially under control, when nothing could be further from the truth. Just how long do they think the public will tolerate severe austerity accompanied by inflation in the US and England and to a lesser extent in Europe? Greece could again prove a catalyst for problems that could spread worldwide. Leverage is certainly in play in world markets, but not nearly to the extent that it once was. No one has a handle on the degree of leverage, but in time we believe we will find it was a fraction of what occurred 2-1/2 years ago. On the other hand, world speculators are convinced there will be quantitative easing in the US, which they believe will definitely be followed in England and Europe. Contagion continues in many phases. We might even call it a lemming process. Europe feels they have seen the worst and they Are wrong. Europe has many problems that have not been solved including the near bankruptcy of five major nations. Do not forget as well that Germany has said that is it. No more bailouts. Close to $1 trillion was enough. We believe far more will be needed. If Germany sticks to its announcements that could be the end of the euro, which is back trading above $1.30, having bottomed close to $1.19. Don’t forget as well the 8-month rally on European exports is over due to this higher euro. Bond dealers keep telling us the worst is over, but they do not have a very good track record, so we look at their statements skeptically, just as we do the dog and pony show called CNBC. We see danger in liquidity borne prices of stocks and bonds. Even speculative paper is selling at its fastest pace this year. There are obviously those who think otherwise as gold, silver and commodities move higher. Investors are chasing yields and it is the worst possible thing they can do. That always leads to a quality trap and losses. We learned our lesson on that count many years ago. The Fed and the Treasury have created an intolerable situation for those who need income. Retirees in their 70s and 80s should not be forced to chase yields. Deflation certainly has been an underlying factor in the US economy for the past seven years, only to be offset by money and credit creation. The issue is very complex and it is a constant question and understandably so. The entire world has offset deflation with inflation over that period. There is no question in our minds that higher inflation is in the offering and the antics of the Fed could very well lead to hyperinflation, before deflation finally wins out over a broken system. The path we are following may be fascinating, but it will also be devastating. A robust inflationary bias burns off very quickly. Inflation once used, as an instrument of control has to be continued indefinitely. If it isn’t the system collapses into deflation. Even moving currencies around by treasuries’ is not easy in a $4 trillion daily market. Look at Japan last week they spent $500 billion to weaken their currency and got next to nowhere. This is a strong indication of the limits of power of governments’ in currency markets. Government controls of markets are nearing an end. We do not have exact figures of the Fed’s intervention in the MBS, CDO, GSE and Treasury markets it has to have been at least $2.2 trillion over a one-year period plus the last stimulus package, which puts the number at $3 trillion. Unfortunately it looks like that will have to be done all over again for another year and perhaps two years. You say, where does it all end? Well it doesn’t – it just gets worse as purchasing power falls at least 7% a year, wages remain stagnant and unemployment rises, as government and the Fed cannot stem deflation even by creating $3 trillion, or so, a year. This should give you an idea of the trouble we are in. In this process unfortunately the dollar is being destroyed. Just think of what will happen if China, Japan and Korea have to sell or want to sell dollars? Are we to see competitive monetization? Of course we are. Alliances are one thing and reality is another. As we said 17 months ago what you are seeing is a battle between the US dollar and gold for supremacy and gold has already won. Those who realize and understand this know where we are headed. Those who do not could lose it all. | |||||
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Tropical storm brings fresh flood misery to Mexicolink
Some 40,000 people have been made homeless by Hurricane Karl Mexico has been hit by a new storm, compounding the flood misery which has affected one million people nationwide.
Tropical Storm Georgette brought heavy rains and pounding waves to the Baja California region on the Pacific coast. The storm, now downgraded to a Tropical Depression, made landfall near the resort town of Cabo San Lucas.
It hit amid the worst rainy season ever recorded in some parts and just days after Hurricane Karl flooded large areas and killed at least 15 people.
Although Georgette has reduced in power it is still bringing strong winds and torrential rain to the area as it moves across the Gulf of California.
In Baja California, the region's director of civil defence, Jose Gajon, said that about 1,000 families had been evacuated from areas vulnerable to flooding and storm surges.
Hillside collapse Georgette is located about 245km (155 miles) south of Guaymas and is moving in a north-westerly direction at a speed of about 22km/h (14mph).
Meanwhile heavy downpours have continued to drench southern and central Mexico in the wake of Hurricane Karl, causing floods and landslides.
Early on Tuesday, a hillside collapsed on a bus near the town of Villa Guerrero, 60km (35 miles) south-west of Mexico City, killing at least seven people, bringing the number known to have died as a result of the hurricane to 15.
There are fears the death toll could rise further as emergency crews are continuing to search many of the hundreds of towns and villages which have been flooded, digging through thick mud and debris in search of others who are missing, and some remote areas are yet to be reached.
In the eastern state of Veracruz, which bore the brunt of Hurricane Karl, officials say that about 500,000 people have been affected by the storm, including around 40,000 people who are living in emergency shelters.
"Nearly half the state is under water," Veracruz governor Fidel Herrera said.
In recent weeks the country has been enduring the worst rainy season on record.
The southern states of Oaxaca and Tabasco have also suffered severe floods, bringing the total affected nationwide to one million people.
New tropical storm hits flood-drenched Mexico
The worst flooding has been in the eastern state of Veracruz A tropical storm has hit the Baja California peninsula on Mexico's northern Pacific coast, bringing torrential rains and pounding waves.
Tropical Storm Georgette made landfall near the resort town of Cabo San Lucas, on the tip of the peninsula. It struck days after Hurricane Karl swept across south-eastern Mexico, flooding large areas and killing at least 15 people.
Parts of the country are enduring their worst rainy season on record.
Deadly landslide Heavy downpours have continued to drench southern and central Mexico in the wake of Hurricane Karl, causing floods and landslides.
On Monday night a hillside collapsed on a bus near the town of Villa Guerrero, 60km (35 miles) south-west of Mexico City, killing at least seven people.
Rescuers have been digging through the mud in search of others who are missing.
In the eastern state of Veracruz, which bore the brunt of Hurricane Karl, around 40,000 people were still living in emergency shelters on Tuesday.
"Nearly half the state is under water," Veracruz governor Fidel Herrera said.
The southern states of Oaxaca and Tabasco have also suffered severe floods.
The Global Systemic Crisis: Towards a Serious Breakdown of the World Economic and Financial System, Spring 2011link
As anticipated by LEAP/E2020 last February in the GEAB No. 42, the second half of 2010 is really characterized by a sudden worsening of the crisis marked by the end of the illusion of recovery maintained by Western leaders (1) and the thousands of billions swallowed up by the banks and the economic « stimulation » plans of no lasting effect. The coming months will reveal a simple, yet especially painful reality: the Western economy, and in particular that of the United States (2), never really came out of recession (3). The startling statistics recorded since summer 2009 have only been the short-lived consequences of a massive injection of liquidity into a system which had essentially become insolvent just like the US consumer (4). At the heart of the global systemic crisis since its inception, the United States is, in the coming months, going to demonstrate that it is, once again, in the process of leading the economy and global finances into the « heart of darkness » (5) because it can’t get out of this « Very Great US Depression (6) ». Thus, coming out of the political upheavals of the US elections next November, with growth once again negative, the world will have to face the « Very Serious Breakdown » of the global economic and financial system founded over 60 years ago on the absolute necessity of the US economy never being in a lasting recession. Now the first half of 2011 will dictate that the US economy take an unprecedented dose of austerity plunging the planet into new financial, monetary, economic and social chaos (7).
Comparative progress of the CMI (red) and US GDP (green) growth indices (2005 – 2010) - Source: Dshort, 08/26/2010
In this GEAB issue, our team therefore anticipates for the coming months, different aspects of this new development of the crisis, especially the nature of imposed austerity process which will affect the United States, the development of the accursed « inflation / deflation » argument, the actual progress of real US GDP, the strategy of central banks and the direct consequences for Asia and Euroland. As we do every month, we set out our strategic and operational recommendations. And, specially, this GEAB issue offers an excerpt from the new book by Franck Biancheri « The Global Crisis: The Path to the World After - France, Europe and World in the Decade 2010-2020 » : the French version will be published on 7 October next by Editions Anticipolis and the English one later in December.
In this issue we have chosen to present an extract of the anticipation concerning the forthcoming austerity which will be imposed on the United States beginning Spring 2011: « Welcome to the United States of Austerity ».
In this issue we have chosen to present an extract of the anticipation concerning the forthcoming austerity which will be imposed on the United States beginning Spring 2011: « Welcome to the United States of Austerity ».
« United States – the double whammy: no equity, no jobs » - Correlation of falling property prices and unemployment trends state by state (2006-2009) - Source: FMI / OIT / OsloConference, 07/2010
The coming quarters will be particularly dangerous for the world economic and financial system. The Chairman of the Fed Ben Bernanke passed on the message as diplomatically as possible at the recent meeting of world central bankers at Jackson Hole, Wyoming: even though the policy to revive the US economy has failed, either the rest of the world continues to fund US deficits at a loss and hopes that at some point the bet will pay off, avoiding a collapse of the global system, or the United States will monetize its debt and turn all the Dollars and US Treasury Bonds held by the rest of the planet into funny money. Like any power at bay, the United States and is now forced to introduce the threat of pressure to get what it wants. Barely a year ago the rest of the World’s leaders and financial officials had volunteered to « refloat the USA ship ». However, today things have drastically changed since the noble assurance from Washington (the Fed’s, like that of the Obama administration’s) proved to be only pure arrogance based on the pretense of having understood the nature of the crisis and on the illusion of possessing the means of controlling it. However, US growth evaporates quarter after quarter (8) and turns negative again from the end of 2010. Unemployment hasn’t stopped growing and between the stability shown in official figures and the exit, in six months, of more than two million Americans from the workplace (LEAP/E2020 believes that the real unemployment figure is now at least 20% (9)); the U.S. housing market remains depressed at historically low levels and will resume its fall from the fourth quarter 2010; last but not least, as one can easily imagine in these circumstances, the US consumer is and will be absent on a permanent basis since his insolvency continues and even gets worse (10) for the one American in five without work. Behind these statistical factors hide three realities that will radically change the US and global political, economic and social landscape in future quarters as and when they dawn on the public consciousness.
Broad-based anger will cripple Washington from November 2010
First of all, there is a very depressing widespread reality, a real trip « to the heart of darkness », which is that tens of millions of Americans (nearly sixty million now depend on food stamps) who no longer have a job, no longer have a house, no longer have any savings, are wondering how they will survive in the years to come (11). The young (12), retirees, African-Americans, workers, service employees (13),… they constitute this mass of angry citizens who will speak violently next November and plunge Washington into a tragic political impasse. Supporters of the « Tea Party (14) » and « new secessionist (15) » movements... want to « break the Washington Machine » (and by extension that of Wall Street) without having feasible proposals to solve the country’s myriad problems (16). The November 2010 elections will be the first opportunity for this « suffering America » to express itself on the crisis and its consequences. And, won back by the Republicans or even the extremists, these voters will help to further cripple the Obama administration and Congress (which will probably swing to the Republicans), only pushing the country into a tragic gridlock just when all the signals turn red again. This expression of widespread anger will in addition, from December onwards, collide with the release of the Deficit Commission report set up by President Obama, which will automatically place the issue of deficits at the heart of public debate at the beginning of 2011 (17).
For example, we are already seeing a very specific expression of this widespread anger against Wall Street in that Americans have deserted the stock market (18). Each month, an increasing number of « small investors » leave Wall Street and the financial markets (19), today leaving more than 70% of transactions in the hands of major institutions and other « high frequency traders ». If one keeps in mind the traditional image that the stock exchange is today’s temple of modern capitalism, then we are witnessing a phenomenon of loss of faith comparable to people’s disaffection with official demonstrations experienced by the communist system before its fall.
For example, we are already seeing a very specific expression of this widespread anger against Wall Street in that Americans have deserted the stock market (18). Each month, an increasing number of « small investors » leave Wall Street and the financial markets (19), today leaving more than 70% of transactions in the hands of major institutions and other « high frequency traders ». If one keeps in mind the traditional image that the stock exchange is today’s temple of modern capitalism, then we are witnessing a phenomenon of loss of faith comparable to people’s disaffection with official demonstrations experienced by the communist system before its fall.
The Federal Reserve now knows that it is powerless
Finally, there is a financial and monetary effect that is particularly tragic since the players are aware of their unenviable situation: the U.S. Federal Reserve now knows that it is powerless. Despite the extraordinary efforts (zero interest rates, quantitative easing, huge support to the real estate mortgage market, massive support to banks, tripling its balance sheet, ...) that it carried out from September 2008, the U.S. economy will not restart. Fed leaders are finding they are only a part in the system, even if it is a vital part and, therefore, can do nothing against a problem that affects the very nature of the system, in this case, the US financial system, designed as the solvent heart of the global financial system since 1945. But the US consumer has become insolvent (20), the consumer who, during the last thirty years, has gradually become the central economic player of this financial heart (with more than 70% of U.S. growth dependant on household spending). It is this insolvency of US households (21) that has broken the Fed’s efforts.
Accustomed to the virtualism and thus to the possibility of manipulating the processes and dynamics of events, US central bankers believed that they could « mislead » households, once again giving them the illusion of wealth and thus pushing them to revive consumption and behind it the whole United States’ economic and financial machine. Until summer 2010, they did not believe in the systemic nature of the crisis or they did not understand that what was causing the problems was out of reach of the tools of a central bank, as powerful as it may be. Only in recent weeks have they discovered two pieces of evidence: their policies have failed and they have neither arms nor ammunition.
Hence the very depressed tone of the discussions at the central banks meeting in Jackson Hole, whence the lack of consensus on future action, whence the endless debates about the nature of the risks to be faced in the coming months (e.g. inflation or deflation, knowing that the system’s internal tools used to measure the economic consequences of these trends are no longer even relevant, as we analyse in this issue (22)), whence increasingly violent clashes between proponents of renewed growth via debt and followers of deficit reduction... and whence Ben Bernanke’s speech full of veiled threats to his central banker colleagues: in ambiguous terms, he passed the following message: « We will try everything and anything to avoid an economic and financial collapse and you will continue to finance this « everything and anything », otherwise we let inflation loose and thus devalue the Dollar whilst US Treasury Bonds will no longer be worth much » (23). When a central banker expresses himself like a common cash extortionist, there is danger in the house (24).
The response of the world’s major central banks will be unveiled in the next two quarters. Already the ECB has made it clear it thought that a new policy of stimulation through an increase in US deficits would be suicidal for the United States. Already China, whilst saying it would do nothing to rush things, spends its time selling US assets to buy Japanese ones (reflected in the historic level of the Yen / Dollar rate of exchange). As regards Japan, it is now forced to align itself simultaneously with Washington and Beijing ... which will probably cancel out all its financial and monetary policies. In future quarters the Fed, like the federal government, will find that when the United States is no longer synonymous with juicy profits and / or shared power, its ability to convince its partners declines quickly and heavily, especially when the latter question the relevance of the chosen policies (25).
Accustomed to the virtualism and thus to the possibility of manipulating the processes and dynamics of events, US central bankers believed that they could « mislead » households, once again giving them the illusion of wealth and thus pushing them to revive consumption and behind it the whole United States’ economic and financial machine. Until summer 2010, they did not believe in the systemic nature of the crisis or they did not understand that what was causing the problems was out of reach of the tools of a central bank, as powerful as it may be. Only in recent weeks have they discovered two pieces of evidence: their policies have failed and they have neither arms nor ammunition.
Hence the very depressed tone of the discussions at the central banks meeting in Jackson Hole, whence the lack of consensus on future action, whence the endless debates about the nature of the risks to be faced in the coming months (e.g. inflation or deflation, knowing that the system’s internal tools used to measure the economic consequences of these trends are no longer even relevant, as we analyse in this issue (22)), whence increasingly violent clashes between proponents of renewed growth via debt and followers of deficit reduction... and whence Ben Bernanke’s speech full of veiled threats to his central banker colleagues: in ambiguous terms, he passed the following message: « We will try everything and anything to avoid an economic and financial collapse and you will continue to finance this « everything and anything », otherwise we let inflation loose and thus devalue the Dollar whilst US Treasury Bonds will no longer be worth much » (23). When a central banker expresses himself like a common cash extortionist, there is danger in the house (24).
The response of the world’s major central banks will be unveiled in the next two quarters. Already the ECB has made it clear it thought that a new policy of stimulation through an increase in US deficits would be suicidal for the United States. Already China, whilst saying it would do nothing to rush things, spends its time selling US assets to buy Japanese ones (reflected in the historic level of the Yen / Dollar rate of exchange). As regards Japan, it is now forced to align itself simultaneously with Washington and Beijing ... which will probably cancel out all its financial and monetary policies. In future quarters the Fed, like the federal government, will find that when the United States is no longer synonymous with juicy profits and / or shared power, its ability to convince its partners declines quickly and heavily, especially when the latter question the relevance of the chosen policies (25).
Index of mortgage applications (1990-2010) (4 week moving average) - Sources: Mortgage Bankers Association / Bloomberg / New York Times, 08/2010
The consequence of these three realities that are gradually making their presence felt in US and global consciousness will, therefore, for the LEAP/E2020 team, come to pass in Spring 2011 by the United States entering an era of austerity unprecedented since the country became the heart of the global economic and financial system. Fhederal political blockages in the context of an electorate sick and tired of Washington and Wall Street, heavy reliance on federal funding of the entire US economy and the Fed's impotence against a backdrop of growing international reluctance to finance US deficits will combine to push the country into austerity. An austerity that has, moreover, already begun to affect at least 20% of the population head-on, and wich directly affects at least one in two Americans worried about joining the ranks of the homeless, those without work and other long-term unemployed. For these tens of millions of Americans austerity is here and it's called lasting impoverishment. What is going to come into play between now and Spring 2011 is, therefore, the shift into official speeches, budgetary policies and international awareness to the idea that the United States is no longer « the land of plenty », but « the land of few ». And beyond the domestic political choices, it is also the discovery of a new limitation for the country: the United States cannot afford a new stimulus (26). Rather than a multidecade collapse like the Japanese situation, many decision makers will be tempted by shock therapy ... this same therapy that, with the IMF, the United States recommended to Latin American, Asian and Eastern European countries.
This is normally a good reason for the rating agencies, always so quick to see the straw in the eye of most countries in the world, to threaten the United States with a strong downside rerating if they not implement a comprehensive austerity plan as quickly as possible. But anyway, for LEAP/E2020, due to the internal and external conditions in the country described above, it is really in spring 2011 that the United States has an appointment with austerity, an appointment that the rest of the world will impose if it is paralyzed politically.
Until then, it is likely that the Fed will try a new series of « unconventional » measures ( a technical term meaning « desperate attempts ») to try and prevent arriving there because, at this stage, one thing is certain concerning the consequences of the United States entering a large-scale programme of austerity: that will be financial and monetary chaos in the markets accustomed for decades to the exact opposite, that’s to say, US waste; and an internal economic and social shock unparalleled since the 1930s (27).
This is normally a good reason for the rating agencies, always so quick to see the straw in the eye of most countries in the world, to threaten the United States with a strong downside rerating if they not implement a comprehensive austerity plan as quickly as possible. But anyway, for LEAP/E2020, due to the internal and external conditions in the country described above, it is really in spring 2011 that the United States has an appointment with austerity, an appointment that the rest of the world will impose if it is paralyzed politically.
Until then, it is likely that the Fed will try a new series of « unconventional » measures ( a technical term meaning « desperate attempts ») to try and prevent arriving there because, at this stage, one thing is certain concerning the consequences of the United States entering a large-scale programme of austerity: that will be financial and monetary chaos in the markets accustomed for decades to the exact opposite, that’s to say, US waste; and an internal economic and social shock unparalleled since the 1930s (27).
Notes:
(1) In this regard, in the next GEAB issue in October, our team will prepare, as it does each year, its country risk and economic outlook list for 2011. What is already clear to our researchers is that the end of 2010 will be marked by a sharp downward revision of all current forecasts (including already reduced forecasts for the United States). Source: Reuters, 09/09/2010
(2) Sources: Bloomberg, 07/20/2010; Oftwominds, 07/15/2010; New York Times, 08/09/2010; CNBC, 08/12/2010
(3) The chart below illustrates how growth is already collapsing. The CMI growth index has been one of the most reliable leading indicators in forecasting the changes in US GDP. And 92% of Americans believe the country is still in recession. Source: GlobalEconomicAnalysisBlogspot, 09/09/2010
(4) As outlined by our team from the GEAB No. 9 of November 2006 onwards.
(5) To borrow the evocative title of Joseph Conrad excellent novel which especially inspired Francis Ford Coppola for his film Apocalypse Now.
(6) As LEAP/E2020 called the American economic crisis from April 2007 in the GEAB No. 14.
(7) Moreover, without even incorporating this anticipation in their analysis, even the OECD experts warn that global growth will suffer a setback between now and the end of 2010. Source: Marketwatch, 09/09/2010
(8) The Wells Fargo / Gallup index of US SMEs continues to fall month after month. Source: Gallup, 08/02/2010
(9) Even Wall Street continues to plan mass layoffs in the coming months. Source: Bloomberg, 09/07/2010
(10) Even high earners are now affected by the problem of foreclosures. Source: USAToday, 07/29/2010
(11) To clarify this alarming social situation, it is worth reading the joint IMF / ILO report initiated by the Norwegian Government on « The challenges of growth, employment and social cohesion » in the context of the current crisis. Source: OsloConference, 07/22/2010
(12) A very telling indicator showing the price that young Americans are paying because of the crisis.The number of summer jobs, a traditional feature of independence for young Americans for the following year, fell to its lowest level since 1948. Source: USAToday, 09/03/2010
(13) These images of drastic cuts in police numbers in Auckland are emblematic of what is happening countrywide in terms of public services. Source: DailyMotion
(14) On this topic USAToday of 08/16/2010 had a very interesting portrait gallery of the « Tea Party » movement's supporters.
(15) See GEAB issue N°45
(16) The success of the « tea-partisan » gathering in Washington on 08/28/2010, organized by Glenn Beck, is an obvious example. Source: Washington Post, 08/29/2010
(17) Source: New York Times, 08/31/2010
(18) Stock exchanges have stalled or been declining for several quarters despite continuous attempts by the financial authorities to try to restore their shine ... and once again are approaching a violent spasm tied to « the Hindenburg Omen » or the anticipation of global economic and financial conditions. Source: Telegraph, 08/27/2010.
(19) Source: New York Times, 08/22/2010
(20) Even when they manage to find a job, it’s usually a job much less well paid than the previous one. Source: CNBC, 09/01/2010
(21) Thus the foreclosure process is a reflection of an alarming phenomenon of a decline in the value of US households’ assets. Source: Foxnews, 08/23/2010
(22) If the prospect of deflation is that which officially « spoiled the mood » of the central bankers’ meeting in Jackson Hole in late August 2010, it is actually growing doubts about the Fed's ability to select and implement appropriate measures to revive the US economy which makes the whole of the small world of central bankers so nervous. Sources: CNNMoney, 08/31/2010; FT, 09/10/2010
(23) It should be noted here that in front of the growing reluctance of the rest of the world to buy US Treasury Bonds and GSE, the Fed has not only officially begun to buy them for its own account (or more unobtrusively via its « primary dealers ») but it has begun to organize the massive sale of federal debt to US individuals operators. In effect it must seem easier to manage the plundering of many dozens of million people more or less unaware of the economic and financial nuances than that of the major strategic players such as China, Japan, the Gulf oil countries,.... (see chart in GEAB N°47):
(24) After explaining that the use of a moderately inflationary policy had been discussed but wasn’t on the agenda, Ben Bernanke said that however, if deflation risks grew, then the usefulness of some intervention methods could be reconsidered. Clearly, if nothing else works and if the other global players do not want to feed the US deficit machine, then debt monetization will be implemented on a large scale. At least, things are now clear. When LEAP/E2020 warned that it was the only option for the United States in the looming crisis it seemed outrageous. Today, it is the Fed Chairman himself who sets the tone. Source: US Federal Reserve, 08/27/2010
(25) The failure of the mammoth measures to support the housing market is well illustrated by the chart below.
(26) We are even beginning to hear voices suggesting « copy Europe » like Jim Rogers and Doug Noland who publishes the excellent « Credit Bubble Bulletin ». Sources: CNBC, 08/31/2010; Prudent Bear, 07/30/2010
(27) As the historian Niall Ferguson points out in this article published on 07/29/2010 by The Australian, « the sun can suddenly set on a superpower when debt bites ». An historical reminder that columnist Thomas Friedman, though very patriotic, doesn’t refute, who emphasized that the sharp decline of American power was due to the economic crisis in the New York Times on 09/04/2010.
(1) In this regard, in the next GEAB issue in October, our team will prepare, as it does each year, its country risk and economic outlook list for 2011. What is already clear to our researchers is that the end of 2010 will be marked by a sharp downward revision of all current forecasts (including already reduced forecasts for the United States). Source: Reuters, 09/09/2010
(2) Sources: Bloomberg, 07/20/2010; Oftwominds, 07/15/2010; New York Times, 08/09/2010; CNBC, 08/12/2010
(3) The chart below illustrates how growth is already collapsing. The CMI growth index has been one of the most reliable leading indicators in forecasting the changes in US GDP. And 92% of Americans believe the country is still in recession. Source: GlobalEconomicAnalysisBlogspot, 09/09/2010
(4) As outlined by our team from the GEAB No. 9 of November 2006 onwards.
(5) To borrow the evocative title of Joseph Conrad excellent novel which especially inspired Francis Ford Coppola for his film Apocalypse Now.
(6) As LEAP/E2020 called the American economic crisis from April 2007 in the GEAB No. 14.
(7) Moreover, without even incorporating this anticipation in their analysis, even the OECD experts warn that global growth will suffer a setback between now and the end of 2010. Source: Marketwatch, 09/09/2010
(8) The Wells Fargo / Gallup index of US SMEs continues to fall month after month. Source: Gallup, 08/02/2010
(9) Even Wall Street continues to plan mass layoffs in the coming months. Source: Bloomberg, 09/07/2010
(10) Even high earners are now affected by the problem of foreclosures. Source: USAToday, 07/29/2010
(11) To clarify this alarming social situation, it is worth reading the joint IMF / ILO report initiated by the Norwegian Government on « The challenges of growth, employment and social cohesion » in the context of the current crisis. Source: OsloConference, 07/22/2010
(12) A very telling indicator showing the price that young Americans are paying because of the crisis.The number of summer jobs, a traditional feature of independence for young Americans for the following year, fell to its lowest level since 1948. Source: USAToday, 09/03/2010
(13) These images of drastic cuts in police numbers in Auckland are emblematic of what is happening countrywide in terms of public services. Source: DailyMotion
(14) On this topic USAToday of 08/16/2010 had a very interesting portrait gallery of the « Tea Party » movement's supporters.
(15) See GEAB issue N°45
(16) The success of the « tea-partisan » gathering in Washington on 08/28/2010, organized by Glenn Beck, is an obvious example. Source: Washington Post, 08/29/2010
(17) Source: New York Times, 08/31/2010
(18) Stock exchanges have stalled or been declining for several quarters despite continuous attempts by the financial authorities to try to restore their shine ... and once again are approaching a violent spasm tied to « the Hindenburg Omen » or the anticipation of global economic and financial conditions. Source: Telegraph, 08/27/2010.
(19) Source: New York Times, 08/22/2010
(20) Even when they manage to find a job, it’s usually a job much less well paid than the previous one. Source: CNBC, 09/01/2010
(21) Thus the foreclosure process is a reflection of an alarming phenomenon of a decline in the value of US households’ assets. Source: Foxnews, 08/23/2010
(22) If the prospect of deflation is that which officially « spoiled the mood » of the central bankers’ meeting in Jackson Hole in late August 2010, it is actually growing doubts about the Fed's ability to select and implement appropriate measures to revive the US economy which makes the whole of the small world of central bankers so nervous. Sources: CNNMoney, 08/31/2010; FT, 09/10/2010
(23) It should be noted here that in front of the growing reluctance of the rest of the world to buy US Treasury Bonds and GSE, the Fed has not only officially begun to buy them for its own account (or more unobtrusively via its « primary dealers ») but it has begun to organize the massive sale of federal debt to US individuals operators. In effect it must seem easier to manage the plundering of many dozens of million people more or less unaware of the economic and financial nuances than that of the major strategic players such as China, Japan, the Gulf oil countries,.... (see chart in GEAB N°47):
(24) After explaining that the use of a moderately inflationary policy had been discussed but wasn’t on the agenda, Ben Bernanke said that however, if deflation risks grew, then the usefulness of some intervention methods could be reconsidered. Clearly, if nothing else works and if the other global players do not want to feed the US deficit machine, then debt monetization will be implemented on a large scale. At least, things are now clear. When LEAP/E2020 warned that it was the only option for the United States in the looming crisis it seemed outrageous. Today, it is the Fed Chairman himself who sets the tone. Source: US Federal Reserve, 08/27/2010
(25) The failure of the mammoth measures to support the housing market is well illustrated by the chart below.
(26) We are even beginning to hear voices suggesting « copy Europe » like Jim Rogers and Doug Noland who publishes the excellent « Credit Bubble Bulletin ». Sources: CNBC, 08/31/2010; Prudent Bear, 07/30/2010
(27) As the historian Niall Ferguson points out in this article published on 07/29/2010 by The Australian, « the sun can suddenly set on a superpower when debt bites ». An historical reminder that columnist Thomas Friedman, though very patriotic, doesn’t refute, who emphasized that the sharp decline of American power was due to the economic crisis in the New York Times on 09/04/2010.
Top US Senator Assassinated As Obama “Weather War” Plunges World Into Chaoslink
A new report prepared for Prime Minister Putin by Russia’s foreign military intelligence directorate (GRU) states that a former top United States Senator, Ted Stevens, was assassinated this week after he attempted to gather evidence “proving” that President Obama has unleashed America’s devastating “weather weapons” against the World.
As we had previously reported on in our reports titled “PakistanFlood:HAARPUsedinPakistan?” and “Russia Burns, China Drowns: US To Blame?” Russian research scientist Dr. Andrey Areshev has joined the ranks of International scientists and experts stating their belief that the extreme weather chaos currently battering our Planet is being caused by the Tesla technology based weapons systems directed from Alaska’s High Frequency Active Auroral Research Program, otherwise known as HAARP.
Now according to this GRU report, Senator Stevens was approached less than a fortnight ago by his longtime friend and Alaskan bush pilot Theron “Terry” Smith whose son-in-law, Alaskan Air National Guard Major Aaron W. Malone, was killed on July 28th after having his C-17 US Military aircraft “targeted” by a HAARP “Tesla Beam” while in the air over Anchorage, Alaska causing it to crash and explode upon impact killing all aboard. [Note: The Russian translation for “targeted” as used in this report does not assign HAARP blame as it includes an “accidental” verb component.]
Upon Senator Stevens beginning his investigation into HAARP’s causing the crash of the Major Malone’s C-17, this report continues, he enlisted the aid of two powerful Washington power brokers, oil fortune heir William “Bill” Phillips Sr. and former NASA administrator Sean O’Keefe.
Phillips was a longtime ally and supporter of Senator Stevens and as the heir to the Phillips Petroleum fortune is said in these reports to have in the past used his vast fortune to privately finance US intelligence “activities” to support his countries efforts to gain access to Global oil reserves.
Phillips had long warned Americans that the United States does not have any big oil companies. And it’s true: the largest American oil company, Exxon Mobil, is only the 14th largest in the World and is dwarfed by the really big oil companies — all owned by foreign governments or government- sponsored monopolies — that dominate the World’s oil supply.
With 94% of the World’s oil supply locked up by foreign governments, most of which are hostile to the United States, the relatively puny American oil companies do not have access to enough crude oil to significantly affect the market and help bring prices down. Thus, ExxonMobil, a “small” oil company, buys 90% of the crude oil that it refines for the US market from the big players, i.e., mostly-hostile foreign governments.
O’Keefe was the former administrator for the Untied States space agency NASA from 2001-2005, and whose reign included the Space Shuttle Columbia disaster that occurred on February 1, 2003, when upon its reentry into Earth’s atmosphere disintegrated over Texas, and which this report says O’Keefe “always” blamed on HAARP because at the exact time of this tragedy it had begun transmitting in what is called “deep sea communication mode”.
[Note: During the "Navy Deep-Sea Communication" operational mode, the shortwave radio pulses are all, with military precision, exactly 6.25 seconds long with either exactly 15 or 30 second spaces between pulses. Those long and short binary spaces in between the pulses are actually the coded message. Something like the dits and dahs of very slow Morse code. In this mode, the power is usually at maximum. Unlike the research mode, which mostly runs at night, the US Navy communication mode can be at any time of the day or night, any month of the year. The transmissions may run continuously for about 10 to 30 hours, or from one to several days.
Following the 9-11 World Trade Center attack, and just minutes after the President declared the highest Defense Condition Four (DefCon4), HAARP began transmitting at highest power for 18 hours in "deep-sea communication" mode. This is the only way to communicate the DefCon4 condition and updated battle commands to the US nuclear submarines on station miles deep in the ocean.]
The various transmission ranges of HAARP are important to note, this report says, as “immediately prior” to Senator Stevens plane going down Russian satellites orbiting over the Arctic detected a “powerful” 3.39 megahertz signal emanating from HAARP’s Copper Valley Area, Gakona, Alaska base and “directed” over the region this tragedy occurred in.
According to US news reports Phillips was killed in this crash [photo above] and O’Keefe is in hospital in critical condition, and with Senator Stevens being killed also means their investigation into HAARP has died along with them.
To the chaos erupting all over the World as the result of Obama’s allowing the use of these catastrophic HAARP “weather weapons” it can only be described as being “biblical” in the apocalyptic destruction it is causing, and which includes:
“Normally the jet stream is a giant loop of high speed winds that whip round the upper atmosphere. The jet stream isn’t involved in day to day weather – it’s too high up – but because it pushes the atmosphere around it’s very important in steering large scale weather patterns below.
The stream has split in two. One arm has gone north, another south. The patch in the middle is Russia’s drought. A circulating pattern of air has been sitting over Russia for far longer than normal, causing the extreme temperatures and wildfires they’ve had there.
But what’s happening over Pakistan is even stranger. The southern arm of the Jet stream has looped down so far it has crossed over the Himalayas into north western Pakistan. Experts at the Met Office tell me this is very unusual.
And the result is that the fast moving jets stream winds high up has helped suck the warm, wet, monsoon air even faster and higher into the atmosphere – and that has caused rains like no-one can remember. It has turbo charged the monsoon if you like. They’re not sure that’s ever happened before.”
To HAARP’s ability to affect our Earth’s jet streams we can further read from a report prepared in the 1990’s by the US Air Force and which, in part, states:
“HAARP (High Frequency Active Auroral Research Program), being constructed for the Air Force and Navy by an ARCO subsidiary, is such a project. Touted as scientific research, HAARP is a thinly disguised project to “perturb” the ionosphere with extremely powerful beams of energy to see what military uses it can serve. According to the HAARP RFP, these energy beams will be used to “control ionospheric processes in such a way as to greatly enhance the performance of C3 systems (or, to deny accessibility to an adversary).” That sounds like a weapon to this writer. Other such projects go by the code names BIME, RED AIR, CRRES, EXCEDE, CHARGE IV, WISP, ACTIVE, HIPAS, RADC, AIM, etc..
Nuclear bombs exploded in high altitude tests in the late fifties and early sixties by both the U.S.S.R. and the U.S. caused weather and jet stream changes that lasted almost 20 years. Do the HAARP heaters offer the same potential as they “perturb” the ionosphere? The ionosphere is home to many beneficial natural phenomena among them filtering the sun’s harmful rays and reflecting radio waves used for communications. Although not totally understood, the ionosphere also directly effects the weather systems and the jet streams.”
To the reasons for Obama unleashing of HAARP weapons upon our World we had touched on in our reports “Pakistan Flood: HAARP Used in Pakistan?” and “Russia Burns, China Drowns: US To Blame?” and though not conclusive contains:
Alert: The 2010 Food Crisis IS HERE – Are We Ready?
To the “unintended consequences” of Obama’s “weather war” against the World we can now only glimpse as the wholesale destruction of summer crops in the Northern Hemisphere is now warned will cause food riots as inflationary pressures upon what little food is left to feed our Planet can very well push us all into Total Global War.
And finally, though we do not know what the outcome of these momentous events will be, it is in our knowing to warn, that above all else, everyone reading these words should make the storing of food their top priority as this Summer of Woe will surely become a Winter of Discontent.
As we had previously reported on in our reports titled “PakistanFlood:HAARPUsedinPakistan?” and “Russia Burns, China Drowns: US To Blame?” Russian research scientist Dr. Andrey Areshev has joined the ranks of International scientists and experts stating their belief that the extreme weather chaos currently battering our Planet is being caused by the Tesla technology based weapons systems directed from Alaska’s High Frequency Active Auroral Research Program, otherwise known as HAARP.
Now according to this GRU report, Senator Stevens was approached less than a fortnight ago by his longtime friend and Alaskan bush pilot Theron “Terry” Smith whose son-in-law, Alaskan Air National Guard Major Aaron W. Malone, was killed on July 28th after having his C-17 US Military aircraft “targeted” by a HAARP “Tesla Beam” while in the air over Anchorage, Alaska causing it to crash and explode upon impact killing all aboard. [Note: The Russian translation for “targeted” as used in this report does not assign HAARP blame as it includes an “accidental” verb component.]
Upon Senator Stevens beginning his investigation into HAARP’s causing the crash of the Major Malone’s C-17, this report continues, he enlisted the aid of two powerful Washington power brokers, oil fortune heir William “Bill” Phillips Sr. and former NASA administrator Sean O’Keefe.
Phillips was a longtime ally and supporter of Senator Stevens and as the heir to the Phillips Petroleum fortune is said in these reports to have in the past used his vast fortune to privately finance US intelligence “activities” to support his countries efforts to gain access to Global oil reserves.
Phillips had long warned Americans that the United States does not have any big oil companies. And it’s true: the largest American oil company, Exxon Mobil, is only the 14th largest in the World and is dwarfed by the really big oil companies — all owned by foreign governments or government- sponsored monopolies — that dominate the World’s oil supply.
With 94% of the World’s oil supply locked up by foreign governments, most of which are hostile to the United States, the relatively puny American oil companies do not have access to enough crude oil to significantly affect the market and help bring prices down. Thus, ExxonMobil, a “small” oil company, buys 90% of the crude oil that it refines for the US market from the big players, i.e., mostly-hostile foreign governments.
O’Keefe was the former administrator for the Untied States space agency NASA from 2001-2005, and whose reign included the Space Shuttle Columbia disaster that occurred on February 1, 2003, when upon its reentry into Earth’s atmosphere disintegrated over Texas, and which this report says O’Keefe “always” blamed on HAARP because at the exact time of this tragedy it had begun transmitting in what is called “deep sea communication mode”.
[Note: During the "Navy Deep-Sea Communication" operational mode, the shortwave radio pulses are all, with military precision, exactly 6.25 seconds long with either exactly 15 or 30 second spaces between pulses. Those long and short binary spaces in between the pulses are actually the coded message. Something like the dits and dahs of very slow Morse code. In this mode, the power is usually at maximum. Unlike the research mode, which mostly runs at night, the US Navy communication mode can be at any time of the day or night, any month of the year. The transmissions may run continuously for about 10 to 30 hours, or from one to several days.
Following the 9-11 World Trade Center attack, and just minutes after the President declared the highest Defense Condition Four (DefCon4), HAARP began transmitting at highest power for 18 hours in "deep-sea communication" mode. This is the only way to communicate the DefCon4 condition and updated battle commands to the US nuclear submarines on station miles deep in the ocean.]
The various transmission ranges of HAARP are important to note, this report says, as “immediately prior” to Senator Stevens plane going down Russian satellites orbiting over the Arctic detected a “powerful” 3.39 megahertz signal emanating from HAARP’s Copper Valley Area, Gakona, Alaska base and “directed” over the region this tragedy occurred in.
According to US news reports Phillips was killed in this crash [photo above] and O’Keefe is in hospital in critical condition, and with Senator Stevens being killed also means their investigation into HAARP has died along with them.
To the chaos erupting all over the World as the result of Obama’s allowing the use of these catastrophic HAARP “weather weapons” it can only be described as being “biblical” in the apocalyptic destruction it is causing, and which includes:
- The greatest heatwave and destructive fires Russia has experienced in over 1,000 years.
- The greatest flooding Central Europe has experienced in over 800 years.
- Flooding in Pakistan so epic the United Nations has named this megadisaster as being worse than the 2004 tsunami that shattered the Indian Ocean basin.
- Flooding so catastrophic in China the death toll is soaring into the thousands.
- A heatwave so terrible in Japan it has caused its hospitals to be flooded with over 21,000 heatstroke victims.
- A heatwave of unprecedented proportions that has gripped the eastern and southern parts of the United States this summer and shows no signs of abating.
- Temperatures so low in the western United States that farmers in California are now reporting their fruits and vegetables are being destroyed.
- A catastrophic drought hitting Africa that has put over 10 million people in immediate danger of starvation death.
- A catastrophic winter occurring in South America that has killed in Bolivia alone between 3-6 million fish and thousands of cattle in Brazil, and hundreds of people.
“Normally the jet stream is a giant loop of high speed winds that whip round the upper atmosphere. The jet stream isn’t involved in day to day weather – it’s too high up – but because it pushes the atmosphere around it’s very important in steering large scale weather patterns below.
The stream has split in two. One arm has gone north, another south. The patch in the middle is Russia’s drought. A circulating pattern of air has been sitting over Russia for far longer than normal, causing the extreme temperatures and wildfires they’ve had there.
But what’s happening over Pakistan is even stranger. The southern arm of the Jet stream has looped down so far it has crossed over the Himalayas into north western Pakistan. Experts at the Met Office tell me this is very unusual.
And the result is that the fast moving jets stream winds high up has helped suck the warm, wet, monsoon air even faster and higher into the atmosphere – and that has caused rains like no-one can remember. It has turbo charged the monsoon if you like. They’re not sure that’s ever happened before.”
To HAARP’s ability to affect our Earth’s jet streams we can further read from a report prepared in the 1990’s by the US Air Force and which, in part, states:
“HAARP (High Frequency Active Auroral Research Program), being constructed for the Air Force and Navy by an ARCO subsidiary, is such a project. Touted as scientific research, HAARP is a thinly disguised project to “perturb” the ionosphere with extremely powerful beams of energy to see what military uses it can serve. According to the HAARP RFP, these energy beams will be used to “control ionospheric processes in such a way as to greatly enhance the performance of C3 systems (or, to deny accessibility to an adversary).” That sounds like a weapon to this writer. Other such projects go by the code names BIME, RED AIR, CRRES, EXCEDE, CHARGE IV, WISP, ACTIVE, HIPAS, RADC, AIM, etc..
Nuclear bombs exploded in high altitude tests in the late fifties and early sixties by both the U.S.S.R. and the U.S. caused weather and jet stream changes that lasted almost 20 years. Do the HAARP heaters offer the same potential as they “perturb” the ionosphere? The ionosphere is home to many beneficial natural phenomena among them filtering the sun’s harmful rays and reflecting radio waves used for communications. Although not totally understood, the ionosphere also directly effects the weather systems and the jet streams.”
To the reasons for Obama unleashing of HAARP weapons upon our World we had touched on in our reports “Pakistan Flood: HAARP Used in Pakistan?” and “Russia Burns, China Drowns: US To Blame?” and though not conclusive contains:
- The catastrophic flooding in China and apocalyptic heat and fires in Russia put both of these US enemies in the position of having to ask the Americans for food aid as their summer crops are being destroyed on an unprecedented basis.
- The epic flooding occurring in Pakistan is effectively destroying that Nations ability to both feed and defend itself and whom Obama has labeled as one of the Americans number one enemies.
- The devastating heat occurring in the United States will enable Obama to push through the US Congress a “Global Warming” tax agenda many believe will be the “final nail” needed to destroy the United States as a major World Power.
Alert: The 2010 Food Crisis IS HERE – Are We Ready?
To the “unintended consequences” of Obama’s “weather war” against the World we can now only glimpse as the wholesale destruction of summer crops in the Northern Hemisphere is now warned will cause food riots as inflationary pressures upon what little food is left to feed our Planet can very well push us all into Total Global War.
And finally, though we do not know what the outcome of these momentous events will be, it is in our knowing to warn, that above all else, everyone reading these words should make the storing of food their top priority as this Summer of Woe will surely become a Winter of Discontent.
Are We Witnessing the Death of Our Planet?
It seems that we are witnessing the death of our planet right before our very eyes. The extreme weather, Gulf oil disaster and use of deadly dispersants, to decades of agrichemical and synthetic medicines leeching into water ways, and general human pollution resulting in having to now map the North Atlantic Garbage Patch (not to be confused with the Great Pacific Garbage Patch) — has resulted in major breaches to our interdependent life system.Here are a few recently-reported disturbing indicators that our life support system may be nearing critical condition:
- Hundreds-of-thousands of dead fish washing up on the Northeast shores of the U.S.
- Millions of fish and thousands of alligators, turtles, dolphins and other river wildlife died during a record cold snap in South America.
- Fifty whales dying in New Zealand.
- Bee colonies dying off in staggering numbers.
- Extreme weather severely damaging global food output at a time when the population is booming.
Do the controllers not see how it is all connected? Do they not care? Or was the circle of life meant to be broken? Either way, it is foolish to think humanity will not be intimately effected by these recent catastrophes, with more approaching. Incidentally, the elite Rockefeller Foundation predicts this will be the “Doom Decade.”
Many scientists, philosophers, and religious leaders have long predicted apocalyptic events in the near future, yet some of these figureheads surely knew the true nature of our profound interconnectedness. The world-famous physicist Stephen Hawking’s recent declaration that humanity must “abandon earth or face extinction” is the modern equivalent to ancient prophecies.
So, it stands to reason that if they know a certain cause will have a certain effect — especially as it pertains to our environment — then predicting the cumulative effect becomes quite simple, even obvious.
Is it much of a stretch then to believe that Earth’s demise could be engineered by those with the resources to do so? Or, perhaps, it is simply a natural Earth cycle trying to cleanse itself in an epic battle between Mother Nature and Humanity.
There may be too many variables to blame a specific event or establishment for the festering disease that endangers our planet, but evidence is mounting that Humanity’s current course will ultimately destroy our life-giving habitat. In other words, if the vital links in the food chain are broken, as the oceans and the bees die off, then surely many human deaths will follow.
Mideast Talks a Cover for US War Preparations
by Robert Stevens link
The opening round of talks between Israeli Prime Minister Binyamin Netanyahu and Palestinian Authority (PA) President Mahmoud Abbas has made it clear that Washington’s real aim is to legitimise the support of the Arab states for a future military onslaught against Iran.
Addressing a cabinet meeting of his Likud Party Sunday, Netanyahu said, “There may be some important countries which have yet to stand up for a move of peace, but my impression from their willingness to reach peace despite the attacks reflects a feeling of maturity in the Arab world.”
Netanyahu said he understood there was “recognition [by Arab countries] that an agreement with Israel is required.”
Despite official claims that Israel is considering offering substantive concessions in the Washington talks, it has made none. All that has been cited is a mere four-day extension on a 10-month freeze on settlement construction in the West Bank, due to expire on September 26.
One of the formal conditions set by the Palestinian delegation is that the freeze must be continued if the talks are to continue. Yet following the initial talks, aides to Abbas told the London-based newspaper Al-Hayat that the atmosphere in the Palestinian delegation had “changed by 180 degrees” from the hesitance prior to their arrival in Washington.
The reasons for the change in attitude “were both the United States’ desire to settle all final-status issues within one year as well as U.S. pressure on Israel to extend its soon-to-be-expired moratorium on settlement building,” the sources claimed.
Amr Moussa, the leader of the Arab League, representing 22 Arab states, went so far as to proclaim his belief that the present round of talks result in an agreement. Moussa told a press conference in Italy that “there is no alternative but to go ahead and to move on and to achieve a real peace.” He added he believed that “this round of negotiations will be the final one.”
Acknowledging that there will be no challenge to the military dominance by the United States over the region, a document delivered to Washington by the Palestinian negotiation department ahead of the talks stated, “An interest-based model of cooperation, taking into account that the US deploys over 230,000 troops in the Middle East, should be adopted by all.”
An extraordinary suspension of disbelief is required to accept such statements by the Palestinian and Arab leaders. Behind the supposed willingness by Israel to consider a “historic compromise”, as stated by Netanyahu, it is clear that among senior political figures in Israel there are no such intentions.
On Sunday, Israeli Foreign Minister Avigdor Lieberman stated that there would not be any lasting agreement with the Palestinians. Speaking to activists of his right-wing Yisrael Beiteinu party he said, “A general peace agreement is unattainable—not next year and not within the next generation.”
He continued, “A general peace agreement, which means an end to the conflict, a lack of mutual demands and acknowledging Israel as the nation state of the Jewish people, is an unattainable goal. No historic and painful compromises are going to help.”
Speaking to Israeli Army Radio on Sunday about the proposal to continue a freeze on construction, Lieberman said, “Yisrael Beiteinu has enough power in the government and in parliament to ensure that no such proposal succeeds.”
Lieberman’s right-wing Yisrael Beiteinu party holds 15 seats in parliament, making it the second-largest member of the coalition. If Yisrael Beiteinu withdrew from the coalition, Likud would no longer have a parliamentary majority. On Monday, Lieberman stepped up his campaign to ensure that the freeze on construction was lifted. He said Yisrael Beiteinu would vote against any attempt to extend the freeze. He warned. “A promise is a promise. We will not agree to any extension. I promise that if there’s a proposal that we don’t accept it will not pass.”
Such sentiment is by no means confined to Lieberman’s party. Vice Prime Minister Silvan Shalom, a high-ranking member of Likud, warned Sunday that extending the freeze posed a “huge danger” to the coalition. He said, “Within the coalition, there is a huge majority against it”.
The claim that Israel has undertaken a “construction freeze” even now only applies to Jerusalem and not the West Bank, and has not been honoured even there. Peace Now has documented the building of 450 new housing units since the “freeze” went into effect last November. According to Peace Now, around 300 of them were in violation of the terms of the freeze.
An article published in Der Spiegel on September 3 commented, “In Washington, the Israelis and Palestinians are discussing peace, but in the Jewish settlements in the West Bank, construction is proceeding at full speed. A legal ban is being ignored and the government is looking away.”
The article continued, “Construction work could soon begin again in 57 settlements. The peace talks that began on Thursday with an official reception thrown by US Secretary of State Hillary Clinton won’t change that. After all, construction of settlements also continued during previous rounds of peace talks. From the start of the Oslo peace process in the 1990s until today, the number of Israeli settlers living in the West Bank has tripled—growing from 110,000 to more than 300,000 people living in 121 settlements and 100 outposts. In addition to that there are 200,000 more settlers in East Jerusalem.”
Naftali Bennett, the general director of the settlers’ association Yesha, said just prior to the talks, “It is not good enough that the moratorium will end on Sept. 26. Ehud Barak [Minister of Defence and Deputy Prime Minister] needs to act to approve 3,000 new housing units—1,500 of them right now.”
The Financial Times was also more honest in its appraisal of the situation the talks are seeking to conceal. It noted, “While every consideration is being given to the delicacy of Mr. Netanyahu’s position, little or none is accorded to Mr. Abbas.
“Yet, it should be perfectly obvious that talks aimed at the creation of a Palestinian state cannot possibly prosper while Israel continues its strategic colonisation of the land on which that state would be built. The US and its international partners must insist on a cessation of settlement-building.”
The talk of concessions and of a desire for “peace” is purely for public consumption in the United States and in Europe, designed to conceal the real predatory aims of US foreign policy. That the “peace talks” are being held now—with a deadline of a year—is bound up with military preparations by the US against Iran.
Iranian President Mahmoud Ahmadinejad denounced Abbas and the Palestinian negotiating team saying, “We ask [the Palestinians], who will negotiate? Who does Abbas represent? Who gave him the mandate to negotiate on behalf of the Palestinians? What will they talk about—Palestine? Who has the right to surrender parts of Palestine to the enemy?”
The Palestinian Authority responded to Ahmadinejad’s statements with words that could have been scripted by the US State Department. Referring to the 2009 election of Ahmadinejad, Abbas’s spokesman Nabil Abu Rudeina said he “falsified the elections (he) took power by fraud, and has no right to talk about Palestine, its chairman or his representatives.”
On a visit to Qatar on Sunday, Ahmadinejad threatened to attack Israel in the event of a military assault on Iran. He stated, “Any offensive against Iran means the annihilation of the Zionist entity.”
He believed an attack on Iran by the United States and Israel was unlikely, he added, because “they know that Iran is ready and has the potential for a decisive and wide-scale response.”
Egypt signified its open opposition to Iran’s denunciation of the talks by cancelling a visit to Cairo by Iranian Foreign Minister Manouchehr Mottaki. Mottaki had been scheduled to attend a meeting of Non-aligned Movement members. He responded by characterizing some of those attending the meeting, including Egyptian President Hosni Mubarak and Jordanian King Abdullah I: “Some leaders who follow America’s orders must understand that they are betraying their nations”.
The talks have served to deepen the crisis of the Abbas regime, further exposing it as a pliant tool of imperialism. The Financial Times noted in a comment Monday that the Palestinians are “susceptible to pressure” and “dutifully showed up in Washington last week without the assurances they had been seeking.”
Abbas and the Fatah-led Palestinian Authority have been able to remain in power only thanks to the deep distrust felt by wide layers of the Palestinian masses toward Hamas, the Islamist party that governs the Gaza Strip. Despite making threatening noises about retaliation against Israel and the US, Hamas is also involved in behind-the-scenes talks with Washington.
In recent weeks, Washington has ratcheted up its campaign to isolate Iran. Last month Chairman of the Joint Chiefs of Staff, Admiral Mike Mullen, said on national TV that the United States has a detailed plan to attack Iran. Whilst stating that a military strike against Iran would have “unintended consequences that are difficult to predict in what is an incredibly unstable part of the world”, he warned that “the military option” remains on the table.
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