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Alternative News. Activist Post, Alex Jones, And Others.

Postby TheJoker » Mon Jul 18, 2011 4:55 am










As we have said for many years crime on Wall Street, in banking and in corporate America pays. One just neither admits or denies and lets the corporate shareholders pay the fines. These are today’s untouchable, who steal billions and get away with it. Financial institutions are too big to fail, as are their key employees. To a great extent fraud and other criminal behavior caused the credit crisis and lack of recovery that we have witnessed over the last 5 years. We have had top officers of firms see their companies headed for trouble and with this inside knowledge they have cashed out their share holdings. Then there were the predatory lenders, syndicators of bonds, which contained mortgages, now known as toxic waste, that were criminally given AAA ratings when they deserved BBB. We had some 1,000 corporate officers who backdated their options. Only one was criminally prosecuted when they all should have been. Prosecutions have come few and for between, because the SEC, CFTC and the Justice Department aid and abet these crooks in order to keep harmony in the system, which is coming unglued. They have always done this, but over the past 5 years even the uneducated can see what has and is taking place. In fact the more outrageous the crime, the less it is liable to be pursued. This non-pursuit of crime needless to say encourages more crime and further damages overall corporate and financial sectors. There is no accountability and we see none in the future. Let there be no mistake this financial crisis is worse than the last depression. This continuing degenerative process can only assist in a further degeneration of the system.

A bill has been introduced by Senator Carl Levin, chairman of the permanent subcommittee on investigations, that would change IRS regulations that allow American traders of credit default swaps to avoid paying federal taxes on transactions initiated in the US. It would tighten rules that enable some hedge funds and US corporations to reduce federal tax liabilities by declaring themselves foreign companies and moving a small part of their operations overseas. It would require companies to provide the SEC and the public, with a country-by-country breakdown of their sales, employment and operations.

Senator Levin says that abuse of offshore havens cost American taxpayers $100 billion a year. Presently American transnational conglomerates have more than $2 trillion stashed offshore waiting for another tax break like the one five years ago that allowed them to bring $350 billion home at 5-1/4% instead of regular taxation of 35%. That works out to about $600 billion lost to the Treasury. Gains from traders would be $20 billion over ten years. The removal of these tax breaks would certainly help cut the budget deficit.

The crisis in Greece is finally causing contagion in Italy. The crisis of all six near bankrupt euro nations is upon us and it is permanent. Moody’s just downgraded Ireland again, at the worst possible time. Spain, which is in terrible shape, will soon follow. The EU members and their controllers, the banks, keep trying to put band-aids on their festering problem. Sooner or later they will have to face the music and that is those six nations will all have to go bankrupt along with the banks. All of you subscribers in the EU and UK get your funds out of the bank, now, and into gold and silver coins. If you don’t you may end up with nothing. If this goes on long enough it will take the presently solvent nations down as well.

The European Union and the euro zone were ill conceived and bound to failure. After having lived in Europe for years, and being able to speak several of their languages, you get to understand people and the way they think. Both entities were anthropologically unnatural. Europe is still tribal. Just look at countries like Germany, France and Belgium where people speak different variations of the same language. In Belgium they speak two distinct languages. The EU’s major flaw was sovereign countries ran their own fiscal policies, as bureaucrats ran the EU. You have to either federalize all the way or forget it. The euro zone foisted one interest rate fits all, all on countries that should have never had the same interest rates as say Germany. We talked about both these issues 14 years ago, but as usual, no one was listening. From the very beginning the EU and the euro zone were doomed. Both are going to now begin the process of disintegration, as both are a failure. The six countries will go bankrupt, as will the banks. That will dislodge England and push it into bankruptcy and that in turn will force the US to follow. That may be the catalyst that forces a meeting of all nations to revalue, devalue and multilaterally default, hopefully such a meeting will occur long before this stage is reached. There is no question now that the game is over. The question now is when?

Workers have become a form of inventory just like widgets. For years now companies have laid off and rehired workers at will, keeping the expensive worker participation to a minimum. If you use total figures and include discouraged workers the unemployed are 20.6 million, up 483,000 in June. We do not see stimulus 3 coming from Congress, so we expect unemployment to resume its relentless rise upward from 22.6%. Mind you unemployment reflects $1.7 trillion in stimulus 1 and 2, and QE 1 and QE 2, which takes us well over 44 trillion. All those injections did was to bail out the financial sector and government. As we know our President tells us the administration created three million jobs, at a cost of $266,000 per job. That is hardly something to write home about. Corporate America is in excellent financial shape, but they will be slow to hire until they see a firm recovery in place. Sure GE made $17 million, because they did not pay taxes as we do, but they won’t rush out to hire unless the reason to hire exists. The real opportunity to hire has to be with small business that hires 70% of Americans. They do not enjoy the tax-free status of GE. Most of these small companies are barely hanging on. These are the companies that banks won’t loan too. Half of them are still experiencing falling profits, only 20% are doing well.

Year-on-year in the municipal sector 450,000 workers are going to lose their jobs, because many of these entities are close to broke. They and the states want more money from the federal government, which it doesn’t have to give. Large, very profitable businesses generally create very few jobs. They and mid-sized companies are buying more and more labor saving equipment, or they are moving production offshore. For the last three years most of the new jobs paid subsistence wages. Those are $8.00 to $11.00 an hour jobs, which are really part-time providing a 34.3-hour week, as inflation roars ahead up 10.6% and headed up to 14% by yearend. The average duration of unemployment is at an all-time high and 44% unemployed have been out work six months or more, at an all-time high.

We had a gentlemen call in on one of our programs, he has a masters and had been out of work for four years. He went to a company and told management he would work for nothing in order to learn to operate a forklift. After training he got a job doing that work at a plumbing company. He has the distinction of beating out 26 other applicants. He has been told in 1-1/2 years they will be an opening for him in accounting, his major. This is the state of America today, as our transnational conglomerates ship our jobs out of the country every day.

We figure a debt extension bill is on the way, but it will only cut $150 to $200 billion a year in government spending, hardly an accomplishment. If the Fed does not inject $850 billion into the economy we are looking at a minus 3% to 5% in GDP. That is in addition to buying $1.7 trillion in treasuries and other associated toxic waste.

The newest recession began a few months ago, or should we say downturn in an inflationary depression. There will be no recovery this year or next without $850 billion additional being thrown into the economy. No 3.5% growth. Perhaps a minus 4% if we are lucky. That should put unemployment close to 25% by 2012. After the news comes out that the term debt deal has been done the stock market will begin to slip downward.

As this transpires we see a million more foreclosures and more the following year. In order for the economy to revive housing it has to revive and we see absolutely no chance of that happening over the next two years. As the Fed supplies buckets of money and credit inflation will scream upward. 25% to 30% is already in the pipeline for next year via QE and Stimulus 2. There is no way that can be stopped. That will be added to by the results of QE 3 in 2013. We wish it won’t be this way, but it is.

There has been an inevitability since August 15,1971, that America and the western world would move from crisis to crisis until the financial and economic system eventually collapsed.

For those who have been objective over those years what we are seeing today is no surprise.

No one in America wants the merry-go-round to stop. Americans are not prepared to face the music. They naturally want more debt creation, but interestingly by 70%, they did not want a short-term debt extension. That is understandably confusing and the reason is that when it comes to economy and finance they are really in the dark. What they truly do not understand along with much of Wall Street is that the debt problem is much worse and deeper then they believe.

The problems in Europe are never ending. The solvent countries are discovering what we discovered a year ago May. The cost of the six-country bailout we projected at $4 trillion. A month ago we increased that to $4 to $6 trillion. When we said $4 trillion Germany said $1 trillion. This past week they said $3.5 trillion. We wonder why it took them so long to catch up. As of this writing the Greeks have signed a bailout deal but the lenders still do not know what they want to do. They are finally reaching the realization that they cannot be serviced never mind be repaid. You can cut wages and spending 40% or 50% and not expect revenues to fall. That means the bankers get paid and no one else does. That is what Wall Street’s game is all about.

US consumer sentiment deteriorated in early July to the lowest level since March 2009 on increasing pessimism over falling income and rising unemployment, a survey released on Friday showed.

Confidence in government economic policies also curdled, the Thomson Reuters/University of Michigan survey showed. U.S. lawmakers are wrangling over a budget deal that would allow the government to raise the debt ceiling -- needed so the United States can fund its obligations next month.

The preliminary reading for the consumer sentiment index dropped to 63.8 in July from 71.5 the month before, falling far short of expectations of an increase to 72.5, according to a Reuters poll of economists.

The survey's barometer of current economic conditions fell to 76.3, the lowest since November 2009, from 82.0. The gauge of consumer expectations was also at its lowest since March 2009, tumbling to 55.8 from 64.8.

"Whenever the Expectations Index has been this low in the past, the economy has been in recession," survey director Richard Curtin said in a statement.

"Nonetheless, one month's data is insufficient to signal a renewed downturn, particularly if a last-minute agreement on the debt ceiling results in a partial restoration of confidence."

Overall, the data suggests real consumer spending in the second half of the year may be barely higher than the first half, the survey said.

The proportion of consumers that rated government economic policies as poor rose to 52 percent in early July, up from 40 percent in June.

The inflation outlook improved with the survey's one-year inflation expectation easing to 3.4 percent from 3.8. The five-to-10-year inflation outlook was at 2.8 percent from 3.0 percent.

The U.S. Federal Reserve's balance sheet grew to a record size in the week ended July 13 as the central bank bought more bonds in an attempt to support a fragile recovery, Fed data released on Thursday showed.

The central bank's $600 billion Treasury-buying scheme, known as QE2, ended on June 30. It now has to buy Treasuries under a program using the proceeds from maturing agency bonds and mortgage-backed securities.

The Fed's balance sheet -- a broad gauge of its lending to the financial system -- rose to $2.862 trillion in the week ended July 13 from $2.853 trillion in the week ended July 6.

Americans' access to basic needs, ranging from food and shelter to clean water and healthcare, has not significantly improved since the height of the recession, according to a Gallup study released on Friday.

The Basic Access Index, a 13-item measure of Americans' access to basic necessities, was at 82.0 in June, only slightly better than the low point of 81.5 recorded in February and March of 2009.

In June 2008, before the recession, the score was 83.6.

"The continued lack of recovery in the Basic Access Index metrics overall in 2011 shows that Americans are still lagging behind prior years in terms of their access to the basic necessities that foster a healthy, productive life," Dan Witters, a Gallup writer, said on its website.

The index is based on around 29,000 interviews conducted each month from January 2008 until June 2011.

The score's most recent movement is mainly due to large decreases in the percentage of adult Americans who have health insurance coverage, have a personal doctor, visited a dentist in the past year and have had enough money to buy food at all times in the last year.

There have also been small decreases in the percentage of Americans with enough money to provide adequate shelter.

Access to affordable fresh fruits and vegetables have made a significant 2.6 percent gain since June 2008. However, the 91.1 percentage is down from June 2010 when that rate was 92.8.

Federal officials have reached out to banks and investors to discuss the government's plans for its paying obligations after August 2 in the event the debt ceiling isn't raise, The Washington Post reports.

Among the options being considered to raise revenues while borrowing is prohibited, are the suspension of non-critical payments, and the sale of federally-owned student loans, mortgages, and even gold reserves.

The government is facing a $159 billion deficit in August, according to the Bipartisan Policy Center.

The Post is reporting that financial firms and investors were skeptical of the plans when briefed by Treasury Department officials, arguing there would be chaos in the markets due to speculators quick to scoop up valuable assets at low prices from a cash-starved government.

Rating agencies have said any partial default on its obligations, or steps to pay only some of the nation's bills could be met by a downgrade of federal debt — which would cause further economic turmoil.

Moody’s Investors Service said Wednesday it has put the U.S. government’s top-notch credit rating on review for a possible downgrade because of the risk that Washington will not raise the federal debt ceiling in time to avoid a default.

The firm added that even a brief failure of the government to pay its bills would mean that the United States’s Aaa rating “would likely no longer be appropriate.”

During a press briefing Wednesday, White House Press Secretary Jay Carney says President Obama expects a compromise on the debt deal, similar to the Clinton-Dole era.



U.S. Representative Barney Frank, a Massachusetts Democrat, talks about negotiations between lawmakers to raise the U.S. debt ceiling. Frank also discusses Federal Reserve Chairman Ben S. Bernanke's testimony today before Congress. He speaks with Michael McKee on Bloomberg Television's "Fast Forward." (Source: Bloomberg)

The announcement comes after Standard & Poor’s, another of the major credit rating agencies, has said that it would dramatically downgrade the U.S. government’s credit rating if payments were missed.

The U.S. has long been able to borrow money cheaply because global investors believe the government can be counted on to repay its debts. If credit rating agencies downgrade the U.S. and investors lose their faith in the creditworthiness of the government, the cost of borrowing money — in other words, the interest rate — could rise.

President Barack Obama abruptly walked out of a stormy debt-limit meeting with congressional leaders Wednesday, a dramatic setback to the already shaky negotiations, according to GOP sources.

On a day when the Moody’s rating agency warned that American debt could be downgraded, the White House talks blew up amid a new round of sniping between Obama and Cantor, who are fast becoming bitter enemies.

Obama abruptly ended a tense budget meeting with Republican leaders by walking out of the room, a Republican aide familiar with the talks said.

The aide said the session was the most tense of the week as House of Representatives Speaker John Boehner, the top Republican in Congress, dismissed spending cuts offered by the White House as "gimmicks and accounting tricks."

JPMorgan Chase & Co. (JPM) Chief Executive Officer Jamie Dimon said clashes over faulty mortgages may drag on as investors and regulators demand compensation for soured loans issued at the peak of the housing market.

“There have been so many flaws in mortgages that it’s been an unmitigated disaster,” Dimon said during a conference call today. “We just really need to clean it up for the sake of everybody. And everybody is going to sue everybody else, and it’s going to go on for a long time.”

JPMorgan disclosed about $2.5 billion in second-quarter costs tied to faulty mortgages and foreclosures. The bank added $1.27 billion to litigation reserves, mostly for mortgage matters, and incurred $1 billion of expenses tied to foreclosures, according to a slide show accompanying today’s earnings report. Repurchase losses were $223 million, according to the company, which ranks second by assets among U.S. banks.

Banks are struggling to stanch losses tied to loans based on missing or wrong data about borrowers and properties and are facing probes of foreclosures that may have used falsified documents. Lenders led by Bank of America Corp. (BAC) have reimbursed investors for losses on mortgages, and New York-based JPMorgan said it has $3.3 billion in costs so far on repurchases from government-backed firms such as Fannie Mae.

JPMorgan’s additional litigation reserve may help cover “fees and assessments related to foreclosure delays and payments for other settlements,” including probes by the U.S. Department of Justice and the state attorneys general, the bank said. Litigation reserves also cover projected costs tied to so- called private-label mortgage bonds that may have contained faulty loans, the lender said.

“The private-label stuff will probably go up a little bit,” Dimon said when asked about future expenses to resolve disputes tied to the securities. “But I doubt it will go up more than the reserves we’re going to have to take down in the next 12 months.”

The litigation reserves aren’t earmarked for liabilities tied to Washington Mutual, the lender that JPMorgan acquired after it collapsed during the financial crisis in 2008. JPMorgan said those are the responsibility of the Federal Deposit Insurance Corp., adding that the “FDIC has contested this position.”

The outstanding balance of the Washington Mutual loans was approximately $70 billion as of March 31, with about $24 billion overdue by 60 days or more, according to JPMorgan’s first- quarter regulatory filing.

JPMorgan’s second-quarter net income climbed 13 percent to $5.43 billion as investment banking profit surged and more customers paid credit cards on time, the company said today. The lender advanced $1.08, or 2.7 percent, to $40.70 at 2:41 p.m. in New York Stock Exchange composite trading. The bank declined 6.6 percent this year through yesterday.

Central banks have bought more gold in the first half of this year than in all of 2010 as a long-anticipated reversal in so-called "official sector" sales gathers pace, a gold group reported on Thursday.

The World Gold Council provided no specific figures, but the rise will be little surprise after the so-called "official sector" became net buyers of bullion last year for the first time in two decades as a means to diversify their dollar holdings, a trend that has aided a long price rally.

"It was not a sudden shift. It was a trend that was gathering in pace as Europeans were starting to sell less and emerging markets and developing nations were starting to acquire more," Juan Carlos Artigas, WGC's investment research manager, said prior to the release of its quarterly Gold Investment Digest.

Mexico has led the charge this year in ramping up its gold reserves, buying over $4 billion of bullion in early May, while the International Monetary Fund has ended a one-year effort to sell down its stocks at the end of last year.

Global central banks as a whole bought 73 tonnes of gold in 2010, according to metals research firm GFMS Ltd, which has not released figures for this year. Net official-sector sales were 34 tonnes in 2009 and 235 tonnes in 2008.

Renewed central banks' interest in gold have powered the metal's record rally in the past few years, as lingering economic uncertainties and market stimulus by policymakers increased bullion's appeal as an alternative investment.

Central banks as a group became net buyers for the first time in the second quarter of 2008. On a yearly basis, official-sector buying swung to positive in 2010, the first time in more than two decades.

"In the same way, investors look to diversify their portfolios and find a way to manage risks effectively, gold has been one of the choices with central bankers especially in developing economies to create that balance," Artigas said.

Gold's average volatility was 13.4 percent for the second quarter, well below its long-term 20-year average of 15.8 percent, according to the WGC report.

WGC is a trade group funded by gold mining companies to spur bullion demand. It also sponsors SPDR Gold Trust , the world's largest gold-backed ETF which the group helped launch in 2004.

Artigas said that the positive trend of official-sector buying will likely continue in the near future.

"We believe that as a whole, central bank net buying is a result of the structural shift in reserve asset management," he said.



At least 7,000 top-rated municipal credits would have their ratings cut if the U.S. government loses its Aaa grade, Moody’s Investors Service said.

An “automatic” downgrade affecting $130 billion in municipal debt directly linked to the U.S. would occur if the federal level is reduced, Moody’s said yesterday in a report. Additionally, top-rated securities with no direct links to the national government will be reviewed for similar action.

Municipal debt including mortgage-backed bonds secured by the U.S. or agencies such as Fannie Mae and Freddie Mac, would be trimmed with the federal government, Moody’s said. It didn’t provide a total value for other state and local credits that may be affected, including housing authorities and nonprofits.

“Between now and the end of July, we’re going to evaluate all of those issuers using the same quantitative metrics that we have developed,” Naomi Richman, Moody’s managing director of public finance, said yesterday by telephone from New York about the indirectly linked securities.

“In the event that the U.S. government is downgraded, we won’t automatically downgrade those,” she said. “We’ll do a full review that we would normally do on a state rating.”

Moody’s put the U.S. rating under review as talks stalled in Washington on raising the government’s $14.3 trillion debt limit. Democrats including President Barack Obama want to raise taxes to curb the national deficit while congressional Republicans have sought deeper spending cuts.

The company rates 15 states at Aaa. It also gives top marks to 440 local governments, 100 state housing bond programs, 43 higher-education and nonprofit institutions, a like number of state revolving-fund bond programs, and the Tennessee Valley Authority and the Bonneville Power Administration.

Issuers that are partially dependent on the federal government, such as states receiving Medicaid matching funds, also will be reviewed for vulnerability. Medicaid is a health- care program for the poor that is jointly funded by the states and the U.S. Moody’s said Aaa-rated states on average rely on the federal government for a quarter of total spending.


http://theinternationalforecaster.com/I ... Inevitable
I am a humble disciple of chaos. Who wants to join me? A-N-A-R-C-H-Y!

From the Satanic tips of my pen do I write what is on my mind. The internet is my Azazel.

Life is a chess game. Why do I feel like somebody elses pawn?

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Re: Alternative News. Activist Post, Alex Jones, And Others

Postby TheJoker » Tue Jul 19, 2011 9:33 am

WASHINGTON (AFP) - US envoys held a rare meeting with representatives of Moamer Kadhafi's regime over the weekend and urged the Libyan strongman to cede power, a US official said Monday.

The one-off meeting on Saturday came a day after the United States and other Western and regional powers recognized the rebel Transitional National Council as Libya's legitimate authority.

US officials "met with regime representatives to deliver a clear and firm message that the only way to move forward is for Kadhafi to step down," the US official said in Washington on condition of anonymity.

"This was not a negotiation. It was the delivery of a message," the official said.

"We have no plans to meet again, because the message has been delivered," she said.


Another US official, who was traveling with Secretary of State Hillary Clinton in India, said that the meeting included Jeffrey Feltman, the assistant secretary of state for Near Eastern affairs, and Gene Cretz, who is the US ambassador to Libya but has left the country.

The official would not say who was on Kadhafi's side or where the meeting took place, other than that it was outside of Libya. CNN, quoting a spokesman for Kadhafi's regime in Libya, said the talks took place in neighboring Tunisia.

Kadhafi, who has ruled Libya for four decades, has been hanging on to power despite rebel advances and four months of NATO-led bombings.

Western and regional powers, in the fourth so-called contact group meeting on Libya, agreed Friday in Istanbul to consider the rebels as the country's legitimate rulers -- a move that gives them access to vital funds.

The United States spoke with the rebels before speaking to Kadhafi's regime and they agreed that the meeting was "the right step to take," said the US official who was traveling with Clinton.

The US official in Washington said that the United States wanted to express major powers' views "directly and unequivocally" in the aftermath of the talks in Istanbul.

"The message was simple and unambiguous and the same message we deliver in public -- Kadhafi must leave power so that a new political process can begin that reflects the will and aspirations of the Libyan people," she said.

The United States and Libya exchanged ambassadors in 2009 after a break of 36 years as the two countries tried to repair relations that had long been clouded by Western suspicions that Kadhafi supported terrorism.

But Kadhafi's relations with the West rapidly deteriorated after he launched an assault on rebels. The US embassy in Tripoli shut operations on February 25 when Washington imposed sanctions and froze the regime's assets.

Libyan rebels have reported advances in recent days and said Monday that they were in control of the refinery town of Brega. But Kadhafi's forces insisted that they had repulsed the assault.


http://www.activistpost.com/2011/07/us- ... l#comments
I am a humble disciple of chaos. Who wants to join me? A-N-A-R-C-H-Y!

From the Satanic tips of my pen do I write what is on my mind. The internet is my Azazel.

Life is a chess game. Why do I feel like somebody elses pawn?

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Re: Alternative News. Activist Post, Alex Jones, And Others

Postby TheJoker » Mon Jul 25, 2011 3:20 am

I am a humble disciple of chaos. Who wants to join me? A-N-A-R-C-H-Y!

From the Satanic tips of my pen do I write what is on my mind. The internet is my Azazel.

Life is a chess game. Why do I feel like somebody elses pawn?

http://knowthyself.forumotion.net/
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Re: Alternative News. Activist Post, Alex Jones, And Others

Postby TheJoker » Mon Jul 25, 2011 3:41 am



I am a humble disciple of chaos. Who wants to join me? A-N-A-R-C-H-Y!

From the Satanic tips of my pen do I write what is on my mind. The internet is my Azazel.

Life is a chess game. Why do I feel like somebody elses pawn?

http://knowthyself.forumotion.net/
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Re: Alternative News. Activist Post, Alex Jones, And Others

Postby TheJoker » Tue Jul 26, 2011 5:06 am

With a startling headline that should send shock waves throughout America, The Huffington Post is reporting that two influential Senators have put forth a plan that would essentially create a new legislative body, a new Super Congress.

"This 'Super Congress,' composed of members of both chambers and both parties, isn’t mentioned anywhere in the Constitution, but would be granted extraordinary new powers,” wrote Ryan Grim.

The plan, reportedly put forth by Mitch McConnell and Majority Leader Harry Reid, would create a new government body with six members from each party and would be used to pass unpopular debt ceiling legislation.

This plan would essentially create a national high council of liberal and conservative elites who could completely circumvent Congress!

The Huffington Post
Legislation approved by the Super Congress — which some on Capitol Hill are calling the “super committee” — would then be fast-tracked through both chambers, where it couldn’t be amended by simple, regular lawmakers, who’d have the ability only to cast an up or down vote.
With the weight of both leaderships behind it, a product originated by the Super Congress would have a strong chance of moving through the little Congress and quickly becoming law. A Super Congress would be less accountable than the system that exists today, and would find it easier to strip the public of popular benefits.
Negotiators are currently considering cutting the mortgage deduction and tax credits for retirement savings, for instance, extremely popular policies that would be difficult to slice up using the traditional legislative process.

What would stop Congress from using this new governing body to pass other even more unpopular laws and regulations?

As of the writing of this article (11:35pm PST) no other mainstream news is directly reporting this 100% illegal plan.

With that being said, as an independent journalist I honestly do not believe that The Huffington Post would stoop so low as to make up something this serious.

One possible connection is the recent talk about a super committee to tackle the debt ceiling issue.

In the July 22 edition of The Washington Post it was reported that Rep. Boehner was pushing a new super committee similar to the one proposed by Harry Reid.

Top Republican aides said Boehner envisions a short-term extension of the debt limit that would include spending cuts that meet or exceed the debt limit increase. That would be paired with a strategy for finding additional savings. Options include a new super committee of the sort proposed by Senate Majority Leader Harry M. Reid (D-Nev.).
On July 18, an editorial in The Washington Post mentioned a plan for a new super committee that would have full authority on all issues related to the debt ceiling crisis.

One twist to the McConnell plan involves creating a new congressional super-committee — yes, another commission — tasked with producing additional debt reduction measures by the end of the year. Unlike, say, the Simpson-Bowles commission, the committee would not have to achieve a supermajority vote, and its proposals would be subject to an up-or-down majority vote in both houses of Congress.
It is essential that this committee have jurisdiction to consider all elements of the budget: discretionary spending, entitlements and tax revenue must all be on the table, as they were for Simpson-Bowles. If so, then, yes, one more commission with the ability to force Congress to confront reality would be better than none. But we see little reason for optimism that this commission would succeed where others have failed.
If lawmakers cannot now agree on the kind of balanced debt-reduction package that every previous commission has recognized is necessary, why would such agreement be within reach several months from now? If there is no prospect of the Republican allergy to new taxes easing, or of many Democrats becoming more open to the kind of entitlement reform President Obama has called necessary, it’s not clear how any balanced proposal is going to make it through Congress.
Whether or not this new Super Congress is connected to the super committee mentioned in the above Washington Post editorial remains to be seen.

Some have been quick to claim this is a harmless committee, but in doing so they have provided absolutely no evidence for their claims. Congress has proven countless times that they CANNOT be trusted, yet we are expected to trust them when they are openly giving themselves more, dictatorial power?

If this plan is actually in the works it may be a direct psy-op to incite the American people into open revolution. (Which would have disastrous implications).

It is important that we gather all the facts regarding this situation in order to find out if it is actually happening and if it is, who is and isn’t supporting the creation of a completely new, unconstitutional legislative body.


http://www.activistpost.com/2011/07/sup ... l#comments

I am a humble disciple of chaos. Who wants to join me? A-N-A-R-C-H-Y!

From the Satanic tips of my pen do I write what is on my mind. The internet is my Azazel.

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Re: Alternative News. Activist Post, Alex Jones, And Others

Postby TheJoker » Tue Jul 26, 2011 12:11 pm

I am a humble disciple of chaos. Who wants to join me? A-N-A-R-C-H-Y!

From the Satanic tips of my pen do I write what is on my mind. The internet is my Azazel.

Life is a chess game. Why do I feel like somebody elses pawn?

http://knowthyself.forumotion.net/
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Re: Alternative News. Activist Post, Alex Jones, And Others

Postby Gobbo » Tue Jul 26, 2011 7:41 pm

This forum is for western bookworm yuppie adult-children You haven't seen the hundreds of these threads already filled with:

'Duhhh.... I is a philosopher so I'm more comfortable with bend the laws of physics and believing it.'
"Derp... I is a analytical IQ so I don't need evidence, just a good argument.'
'Durrr... I is a fourteen-year-old satanist/anarchist/nihilist/other teenage philosophy, I love power.. with their powerzzz'

Whatchu talking bout here Willis?

Whatchu talkin bout everyone.
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Re: Alternative News. Activist Post, Alex Jones, And Others

Postby Gobbo » Tue Jul 26, 2011 7:51 pm

Or,

"Duuhhhh.... I'm old. Ok? I'm OLD. I've watched television, and and listened to the radio, and read like 26 books in my lifetime. I've worked the same job for like 40 years and I'm proud of that. I raised you on the credit thrown at my generation with televisions, gaming consoles, and other shiny devices. The cognitive gap between you, and me, when it comes to things like computers, and other concepts, is about the same as the chasm between everyday life and a person with Down's Syndrome --- and because of all that, I'm going to completely ignore anything you say that comes close to messing with the fragile, incredibly sad materialism-injected psychological cacoon I've built for myself with lectures on the dangers of the thing I know 1% of compared to you. In response to your involved, source-cited arguments, often times one, two, three hours long in video form I will use just ONE sentence: "I'm pretty old, and I've seen a lot in my lifetime, and believe me... if there was a conspiracy, someone would have come forward."
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Re: Alternative News. Activist Post, Alex Jones, And Others

Postby TheJoker » Tue Jul 26, 2011 9:09 pm

Old_Gobbo wrote:Or,

"Duuhhhh.... I'm old. Ok? I'm OLD. I've watched television, and and listened to the radio, and read like 26 books in my lifetime. I've worked the same job for like 40 years and I'm proud of that. I raised you on the credit thrown at my generation with televisions, gaming consoles, and other shiny devices. The cognitive gap between you, and me, when it comes to things like computers, and other concepts, is about the same as the chasm between everyday life and a person with Down's Syndrome --- and because of all that, I'm going to completely ignore anything you say that comes close to messing with the fragile, incredibly sad materialism-injected psychological cacoon I've built for myself with lectures on the dangers of the thing I know 1% of compared to you. In response to your involved, source-cited arguments, often times one, two, three hours long in video form I will use just ONE sentence: "I'm pretty old, and I've seen a lot in my lifetime, and believe me... if there was a conspiracy, someone would have come forward."


So conspiracies, don't happen? It's all bullshit? There isn't any groups out there that commit conspiracies against everybody else?
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Re: Alternative News. Activist Post, Alex Jones, And Others

Postby Stoic Guardian » Tue Jul 26, 2011 11:03 pm

Old_Gobbo wrote:Or,

"Duuhhhh.... I'm old. Ok? I'm OLD. I've watched television, and and listened to the radio, and read like 26 books in my lifetime. I've worked the same job for like 40 years and I'm proud of that. I raised you on the credit thrown at my generation with televisions, gaming consoles, and other shiny devices. The cognitive gap between you, and me, when it comes to things like computers, and other concepts, is about the same as the chasm between everyday life and a person with Down's Syndrome --- and because of all that, I'm going to completely ignore anything you say that comes close to messing with the fragile, incredibly sad materialism-injected psychological cacoon I've built for myself with lectures on the dangers of the thing I know 1% of compared to you. In response to your involved, source-cited arguments, often times one, two, three hours long in video form I will use just ONE sentence: "I'm pretty old, and I've seen a lot in my lifetime, and believe me... if there was a conspiracy, someone would have come forward."


:lol: Magnific'
"Fascism combats, and must combat, without respite or pity, not intelligence, but intellectualism—which is, as I have indicated, a sickness of the intellect" - Giovanni Gentile

”After visiting these places, you can easily understand how that within a few years Hitler will emerge from the hatred that surrounds him now as one of the most significant figures who ever lived. He had boundless ambition for his country which rendered him a menace to the peace of the world, but he had a mystery about him in the way that he lived and in the manner of his death that will live and grow after him. He had in him the stuff of which legends are made.”- John F. Kennedy
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Re: Alternative News. Activist Post, Alex Jones, And Others

Postby TheJoker » Fri Jul 29, 2011 2:11 am

Stoic Guardian wrote:
Old_Gobbo wrote:Or,

"Duuhhhh.... I'm old. Ok? I'm OLD. I've watched television, and and listened to the radio, and read like 26 books in my lifetime. I've worked the same job for like 40 years and I'm proud of that. I raised you on the credit thrown at my generation with televisions, gaming consoles, and other shiny devices. The cognitive gap between you, and me, when it comes to things like computers, and other concepts, is about the same as the chasm between everyday life and a person with Down's Syndrome --- and because of all that, I'm going to completely ignore anything you say that comes close to messing with the fragile, incredibly sad materialism-injected psychological cacoon I've built for myself with lectures on the dangers of the thing I know 1% of compared to you. In response to your involved, source-cited arguments, often times one, two, three hours long in video form I will use just ONE sentence: "I'm pretty old, and I've seen a lot in my lifetime, and believe me... if there was a conspiracy, someone would have come forward."


:lol: Magnific'


Did I miss somthing? I have been known to not catch on other people's humor. :D
I am a humble disciple of chaos. Who wants to join me? A-N-A-R-C-H-Y!

From the Satanic tips of my pen do I write what is on my mind. The internet is my Azazel.

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Re: Alternative News. Activist Post, Alex Jones, And Others

Postby TheJoker » Fri Jul 29, 2011 2:13 am

Adapting to an unconventional war, the United States and its allies picked up some new tactics in Afghanistan and Pakistan. In the past few years, drone attacks and night raids have become staples of the effort to combat al-Qaeda and the Taliban. The announcement of a new counterterrorism strategy and the beginning of troop withdrawals from the conflict suggest that these methods are poised to become fixtures of how the U.S. combats global terrorist threats.

These measures demonstrate an ability to adapt procedure to difficult realities. But the United States continues to fail in its efforts to create a concrete strategy to end the war in Afghanistan. Its use of these questionable tactics does as much to lose the battle for hearts and minds in the Muslim world as the more offensive tactics of pitched battles and indiscriminate application of force.

The Counterproductivity of Drones

The use of drones is changing the face of warfare. Most noticeably, their use does not require an air force to send its men into the line of fire. Both U.S. Air Force and British pilots fly missions in Afghanistan and Pakistan (the British assert that they have not done so in Pakistan) from the safety of Creech Air Force Base near Las Vegas, Nevada. The tempo of strikes has only increased under the Obama administration. Currently, there is a U.S. drone assault in Pakistan approximately every four days.

Despite its protection of coalition forces, the tactic is particularly devastating: 88 people were killed in drone strikes in June 2011 alone and an astounding 52 people were killed recently in a mere 24-hour period. Numbers like these, with absolutely zero American casualties, make drones a public relations success. It allows effective attacks to be carried out in areas difficult for soldiers to reach, such as the tribal areas of Pakistan that are alleged to be one of the launching points for insurgency activity.


Debate swirls around whether or not the use of predator and reaper drones, as well as many other robotic technologies, is a good omen for the future of mankind. There is a real fear that the gradual removal of human involvement will lower the inhibition to begin future conflicts because of the reduction of human and political risks associated with combat. If the revelation of U.S. drone strikes in other parts of the world, particularly Somalia, is any indicator, this is a cause for growing concern.

More importantly, the use of drones is counterproductive. Though they are capable of inflicting a lot of damage, drones effectively translate into political suicide. Covert drone programs not only operate in violation of international law, but their lack of precision means that approximately 15-20 percent of those killed in drone attacks are non-combatants. The killing of innocents causes the sort of “collateral damage” that costs the United States and its allies the hearts and minds of the local population. It is not surprising that those who face the sudden trauma of losing relatives and homes ascribe blame to those responsible and join those who fight them. “While violent extremists may be unpopular,” write David Kilcullen and Andrew Exum in The New York Times, “for a frightened population they seem less ominous than a faceless enemy that wages war from afar and often kills more civilians than militants.”

Considering these major drawbacks in the use of drone strikes, the pay-off is not high enough. Few of these missions are truly successful. Along with the aforementioned civilian deaths, drone strikes mostly kill nameless and easily replaced low-level militants rather than insurgency leadership. Only one in every seven attacks in Pakistan results in the death of a militant leader.

The Problem with Night Raids

Though real soldiers on the ground carry out night raids, far fewer men are required than in traditional warfare. Based on intelligence and tip-offs, JSOC (Joint Special Operations Command) troops accompanied by Afghan National Security Forces (ANSF) infiltrate private residences throughout the country in search of enemy militants. The military establishment cites these night raids as indispensible tools in the effort to slow down the insurgency. It claims that, as of May 2011, the target is either killed or captured 50-60 percent of the time despite the fact that 80 percent of raids are conducted without a single gun fired. Reliance on this tactic as part of the kill/capture program has risen to the point where coalition forces conduct approximately 300 night raids each month.

Not conveyed in these numbers is that night raids come with a major psychological, human, and political price tag that cannot be ignored. Devastating as these attacks might be to the Taliban as it forces them to operate in smaller cells and in smaller spaces, the raids are now the number one grievance of the Afghan population. Locals and the U.S. military clearly have very different views of these night raids.

Afghans, for instance, insist that night raids have been accompanied by excessive use of force. They claim both physical and mental abuse from forced-entries and harsh interrogation. Property damage is often left unaccounted for. Bad intelligence influenced by personal grudges can often skew the process that determines which homes to raid. Further, these home invasions are an affront to Afghan culture. Attempts to clear up these transgressions date back to December 2010, when the top brass implemented rules that required ANSF personnel to accompany foreigners, to engage in a “soft knock” policy that would alert inhabitants of a raid rather than bombing open the front door, permitting only female units to interrogate women, and taking account of property damages for compensation. These changes have been mostly in theory, not in practice.

Like drone strikes, night raids are counterproductive. They may be effective tools for disrupting the Taliban, but they come at the price of losing the population and feeding the insurgency with droves of new recruits. Frustration with the number of civilians victimized and cultural trademarks trampled on has spilled over into anti-American sentiment. Episodes like the rally in Khost in July 13, 2011 protesting the 15 percent rise in civilian deaths in 2011 thus far show that this tactic serves to incite criticism of foreign involvement, deepen disillusionment with the Afghan National Government, and encourage people to join movements against them. As Mohammad Daudzai, Chief of Staff for Afghan President Hamid Karzai put it:


You have a village, has a very peaceful life, and then in the middle of the night, people come and surround the village and search a few houses and take a few prisoners, and in that scuffle a few of them are killed; women are disgraced. The next day, what do you expect? The entire village youth becomes Taliban.

The military is reluctant to give up on tactics that seem to be effective and economic uses of force. But in light of the real effects of drone strikes and night raids, the military has to stop them. On a human level, these raids serve to increase insecurity, destroy families, and trample on cultural norms. On a political level, the very groups the attacks intend to deter simply grow in strength and popularity.

These tactics may be deadly and serve to limit the number of foreign troops needed for attacks, but they are strategic failures. If the coalition’s primary goal in Afghanistan and Pakistan is to isolate and neutralize the influence of the insurgency and bolster the legitimacy of the local government, tactics that illicit fear of the government and drive people to shoulder up to the Taliban for protection against foreign attacks are clearly steps in the wrong direction.



http://www.fpif.org/articles/the_dual_f ... and_drones
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Re: Alternative News. Activist Post, Alex Jones, And Others

Postby Moreno » Fri Jul 29, 2011 2:19 am

Old_Gobbo wrote: "I'm pretty old, and I've seen a lot in my lifetime, and believe me... if there was a conspiracy, someone would have come forward."
1) of course there are conspiracies, everyone believes in them. Or did you think 9/11 was caused by pilot error? 2) people do come forward, which you would know if you did some research.
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Re: Alternative News. Activist Post, Alex Jones, And Others

Postby Gobbo » Fri Jul 29, 2011 2:19 am

TheJoker wrote:
Stoic Guardian wrote:
Old_Gobbo wrote:Or,

"Duuhhhh.... I'm old. Ok? I'm OLD. I've watched television, and and listened to the radio, and read like 26 books in my lifetime. I've worked the same job for like 40 years and I'm proud of that. I raised you on the credit thrown at my generation with televisions, gaming consoles, and other shiny devices. The cognitive gap between you, and me, when it comes to things like computers, and other concepts, is about the same as the chasm between everyday life and a person with Down's Syndrome --- and because of all that, I'm going to completely ignore anything you say that comes close to messing with the fragile, incredibly sad materialism-injected psychological cacoon I've built for myself with lectures on the dangers of the thing I know 1% of compared to you. In response to your involved, source-cited arguments, often times one, two, three hours long in video form I will use just ONE sentence: "I'm pretty old, and I've seen a lot in my lifetime, and believe me... if there was a conspiracy, someone would have come forward."


:lol: Magnific'


Did I miss somthing? I have been known to not catch on other people's humor. :D


Yes, my friend, I'm afraid you did. For I am not 40 years old.
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Re: Alternative News. Activist Post, Alex Jones, And Others

Postby TheJoker » Sat Jul 30, 2011 9:16 pm

Yes, my friend, I'm afraid you did. For I am not 40 years old.


Not quite sure if I understand that reference of your sentence when it concerns being fourty years old. :-k
I am a humble disciple of chaos. Who wants to join me? A-N-A-R-C-H-Y!

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Re: Alternative News. Activist Post, Alex Jones, And Others

Postby TheJoker » Sat Jul 30, 2011 9:17 pm

I am a humble disciple of chaos. Who wants to join me? A-N-A-R-C-H-Y!

From the Satanic tips of my pen do I write what is on my mind. The internet is my Azazel.

Life is a chess game. Why do I feel like somebody elses pawn?

http://knowthyself.forumotion.net/
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Re: Alternative News. Activist Post, Alex Jones, And Others

Postby Abstract » Sat Jul 30, 2011 10:34 pm

Keep it up I find it interesting.
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Re: Alternative News. Activist Post, Alex Jones, And Others

Postby Abstract » Sun Jul 31, 2011 12:19 am

If conspiracies don't happen then where did the word come from?
Surely they are rare, all the more unsuspected, all the more dangerous.
Let the conspirators ramble and we will maintain awareness, should they stop then surely the conspiracy is abound.

Let the government decry it enough, and let enough movies be put out making conspiracy theorists be shown wrong and seem silly and there comes the wave of the entertained thinking that conspiracies are silly...
Perhaps the more conspiracies there are and the more that think them silly the more likely at least one is true that is being hidden by dilution, supported by some entity?
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Re: Alternative News. Activist Post, Alex Jones, And Others

Postby Gobbo » Sun Jul 31, 2011 1:41 am

Movies are put out in association with military/think tank social conditioning.

The ones about conspiracies theoriest are not a coincidence. They are intentionally put out to obfuscate the truth. Look at like every Oliver Stone movie ever made. People think he's making controversial movies and nothing could be further from the truth. He's working for them.

Most people at this point cannot differentiate between reading something online and seeing it in a movie.
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Re: Alternative News. Activist Post, Alex Jones, And Others

Postby Moreno » Sun Jul 31, 2011 2:32 am

Ask a prosecutor who has spent time working on getting conspiracy convictions in organized crime if he or she has had trouble proving conspiracies took place that he or she is sure occurred. Conspiracies - generally on more modest levels then what get called conspiracy theories - happen all the time, our laws reflect this fact, and many cannot be proven to legal standards. To think that all high level conspiracies happened in the past - take for example the way JP Morgan and others shoved the US in WW1 for profit - but somehow ended recently bears the burden of proof.
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Re: Alternative News. Activist Post, Alex Jones, And Others

Postby Moreno » Sun Jul 31, 2011 2:34 am

Old_Gobbo wrote:Movies are put out in association with military/think tank social conditioning.
And here we have a conspiracy theory.
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Re: Alternative News. Activist Post, Alex Jones, And Others

Postby Abstract » Sun Jul 31, 2011 2:50 am

Moreno wrote:
Old_Gobbo wrote:Movies are put out in association with military/think tank social conditioning.
And here we have a conspiracy theory.

Technically this makes sense with regards to the music used and also even the general music pervading America...
Drums became largely used primarily for use in marching and war...I would think that as a result there may actually be a degree of genetic memory if not simply social recognition of significant and particular forms of drumming being associative to war...And of course they are so often used in movies but also largely in music...like Heavy metal which is common to many soldiers...
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Re: Alternative News. Activist Post, Alex Jones, And Others

Postby Moreno » Sun Jul 31, 2011 3:02 am

Abstract wrote:
Moreno wrote:
Old_Gobbo wrote:Movies are put out in association with military/think tank social conditioning.
And here we have a conspiracy theory.

Technically this makes sense with regards to the music used and also even the general music pervading America...
Drums became largely used primarily for use in marching and war...I would think that as a result there may actually be a degree of genetic memory if not simply social recognition of significant and particular forms of drumming being associative to war...And of course they are so often used in movies but also largely in music...like Heavy metal which is common to many soldiers...
For me 'conspiracy theory' is a neutral term. It does not mean silly or wrong. Otherwise the term is simply ridiculous. I was just pointing out it was a kind of conspiracy theory. Though it did have to do with films and not music.
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Re: Alternative News. Activist Post, Alex Jones, And Others

Postby Abstract » Sun Jul 31, 2011 4:17 am

Moreno wrote:For me 'conspiracy theory' is a neutral term. It does not mean silly or wrong. Otherwise the term is simply ridiculous. I was just pointing out it was a kind of conspiracy theory. Though it did have to do with films and not music.



I was addressing you both...should have made a better attempt to be clear...
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Re: Alternative News. Activist Post, Alex Jones, And Others

Postby Fixed Cross » Sun Jul 31, 2011 4:40 am

Democracy only works when a people has a backbone. If the mind and the principles forged from it are looked down upon, and watching videos of people complaining is deemed the highest form of thinking, a society is not worth a representative government. It must be controlled from above, otherwise destruction is certain.

That tyranny guarantees profiteering is obvious, but in a nation of people without standards, everything is preferable to a representational government.

The 'spirit of the people' is no longer a western phenomenon - we are in a state of decay, and the few of us who are able to think realize that this is not our governments doing, but the results of not having to fight for anything. People, like all structural, tension-based entities, are in general not worth much to others if they are not forced to make an effort.

Philosophy has never had anything to do with the present, with the current political misery that is almost always occurring everywhere, but with ideas that may carve out cultures from coming centuries. In a generation of people who have been trained to not think about anything but the bliss of momentary indulgence, such activity is naturally considered useless.
Last edited by Fixed Cross on Sun Jul 31, 2011 4:44 am, edited 1 time in total.
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