Monday, May 28, 2012

The Globalization of War: The "Military Roadmap" to World War III

The Globalization of War: The "Military Roadmap" to World War III: This diabolical military project formulated by the NeoCons was adopted and implemented from the very outset of the Obama administration. With a new team of military and foreign policy advisers, Obama has been far more effective in fostering military escalation than his White House predecessor, George Bush Junior, who has recently been condemned by the Kuala Lumpur War Crimes Tribunal for “Crimes against the Peace”.

This continuum of the military agenda testifies to the fact that the two governing parties in the US, Democrat and Republican, are but two sides of a centrally planned military-industrial complex that is impregnable to the opinions, desires and interests of the American electorate.

Tom Woods and Stefan Molyneux Interviewed on Freedomizer Radio!

OWS to Assange: Outbreak of democracy US govt's biggest fear

CrossTalk: Poorfare State

Hero Of War - Rise Against ( Dont Call Us Heros Tribute )

Sunday, May 27, 2012

Jon Stewart "Romney is an Idiot"

Jon Stewart confronts Bill OReilly on Ron Paul

Keiser Report: Reform = Crime To Favor Wall St. Crooks (E293)

ALEX SCHAEFER: winning hearts and minds

ALEX SCHAEFER: winning hearts and minds

Friday, May 25, 2012

winning hearts and minds

How heartwarming is this? here's an email I got recently from a fan. People are waking up. I plan to visit the installation next week! I'd love to hold one of the matches when they burn it all up! ahahahahah!

"I am an art education professor at State University Northridge, and was very inspired by your burning banks paintings. I read about the incident in Van Nuys in the LA Times, and decided that it would be a good idea for my classes-all non-art majors-to do a group project called Burning Wall Street. Students researched the Wall Street bailouts and were required to listen to or watch "Democracy Now" on their computers. It didn't take long, even for the freshmen, to make the connection between their personal financial disasters and Wall Street. As one student put it, "this project is like Burning Man, only relevant."

Anyway, I want to thank you for triggering the idea. The banks are made of wooden matches and wood glue, with some paper panels cut from the Wall Street Journal. 150 students participated in the project. The first photo is one we took in the classroom, with banks on both sides of Wall Street, which is constructed from play money. (Instead of the Wall Street bull we created a Wall Street pig also covered by play money.)

The Silent Revolution: Icelandic Anger, Debt Forgiveness and Activist Triumph | Wake Up World

The situation in Iceland is something those of us outside of the volcanic island nation hear about far too little, and when one examines the story of how Iceland triumphed over massive debts, it makes a lot of sense why this is the case.
Earlier this year, the Icelandic Financial Services Association published a report showing that since the end of 2008, Icelandic banks have forgiven the equivalent of 13 percent of the nation’s gross domestic product in loans.
This has directly lifted the crushing burden of debt form the shoulders of over one quarter of the Icelandic population, something which many people around the world – but especially in the United States, Greece, Spain, Italy and other nations struggling with massive debts – would likely appreciate greatly.
In 2008, Icelandic banks defaulted on a whopping $85 billion in loans, yet the nation has taken steps to recover and they are already proving to be effective.
“You could safely say that Iceland holds the world record in household debt relief,” Lars Christensen, the chief emerging markets economist at Danske Bank A/S in Copenhagen, explained.
“Iceland followed the textbook example of what is required in a crisis. Any economist would agree with that,” he added.
Then why wouldn’t other nations follow a similar model instead of pouring even more money into the black hole of debt, hoping that it will somehow fix itself?
That is a question which cannot be answered with any degree of certainty, but Iceland has proven that endless bailouts are not the only way we can turn countries around from the brink of collapse.
The Icelandic economy will outgrow the eurozone in 2012 and is set to outgrow the entire developed world on average, according to estimates from the Organization for Economic Cooperation and Development.
This growth is reflected in the fact that many polls are showing that the people of Iceland have no interest in joining the European Union, which continues to be wracked by a debt crisis the likes of which have never been seen.

read full article here The Silent Revolution: Icelandic Anger, Debt Forgiveness and Activist Triumph | Wake Up World

Saturday, May 26, 2012

Could the Global Derivatives Market Tip Over?

Could the Global Derivatives Market Tip Over?

The picture is rather stark. This is a chart shown in an article at Global Research (www.globalresearch.ca) – Financial Implosion: Global Derivatives at 1,200 Trillion Dollars 20 Times the World Economy. It bears repeating.

Specifically the chart shows the assets of five of the USA’s largest banks vs. their respective derivative position. Derivatives dwarf the asset position of the banks. Wachovia and HSBC (USA) are not even amongst the top five derivative players in the US. The top five in order are JP Morgan Chase, Bank of America, Morgan Stanley, Citigroup and Goldman Sachs. There is a huge drop off in derivative positions after the top five players. 

The global derivatives market is estimated by some at $1,200 trillion ($1.2 quadrillion). Estimating the size of the market is difficult. The Bank for International Settlements (BIS) shows a size of $647 trillion as of December 2011. However, some market followers who have written books on the subject have estimated the market as being even larger at upwards of $1.2 quadrillion. At that level it is 20 times the size of the global economy estimated at $60 to $70 trillion.

Obama Administration Acts To Protect Derivatives Market

Obama Administration Acts To Protect Derivatives Market

The Dodd-Frank Act, a law passed to prevent the passage of Glass-Steagall and other necessary reforms, is now being used openly to protect the derivatives market! Earlier this week, the Financial Stability Oversight Council (FSOC) designated two giant derivatives exchanges as "systemically important financial institutions" (SIFIs), a designation which entitles them to borrow money from the Federal Reserve's discount window and other loan facilities during emergencies. The FSOC was created by Dodd-Frank, which also authorizes the Fed to lend money to SIFIs.
The FSOC is dominated by the Obama Administration. Treasury Secretary Tim Geithner is chairman of the Council, the members of which includes Ben Bernanke of the Fed, the heads of the Comptroller of the Currency, the Securities and Exchange Commission, the Federal Deposit Insurance Corporation, the Commodity Futures Trading Commission, and others.
Three institutions are known to have been granted SIFI status this week, according to Bloomberg:
  • The Intercontinental Exchange's ICE Clear Credit, the world's largest credit-default swap clearinghouse;
  • CME Inc., the clearinghouse owned by the Chicago Merc; and
  • Clearing House Payments Co., which operates both domestic and international financial wire-transfer systems.
With these moves, the Obama Administration is implicitly preparing to bail out the derivatives market and the international payments system. When derivatives are traded on exchanges, the clearinghouse acts as a middleman and guarantees payment, which means the clearinghouses are facing huge losses as the system dies.

LaRouche: The Glass-Steagall Moment is Upon Us

The situations in Greece, Italy, Portugal, and Ireland are equally on the edge of total disintegration—and the exposure of the big Wall Street banks to this European disintegration is so enormous that there is no portion of the trans-Atlantic system that is exempt from the sudden, crushing reality of this collapse.

Whether or not the system holds together for a few days or weeks more, or whether it literally goes into total meltdown in the coming hours, the moment of truth has arrived, when all options to hold the current system together have run out.
Today, in response to this immediate crisis, American political economist Lyndon LaRouche issued a clarion call to action. Referring to the overall trans-Atlantic financial bubble, in light of the Spanish debt explosion of the past 48 hours, LaRouche pinpointed its significance as follows:
"The rate of collapse now exceeds the rate of the attempts to overtake the collapse. That means that, essentially, the entire European system, in its present form, is in the process of a hopeless degeneration. Now, this is something comparable to what happened in Germany in 1923, and they've caught themselves in a trap, where a rate of collapse exceeds the rate of their attempt to overtake yesterday.
"So therefore, we're in a new situation, and the only solution in Europe, in particular, is Glass-Steagall, or the Glass-Steagall equivalent, with no fooling around. Straight Glass-Steagall — no bailouts! None! In other words, you have to collapse the entire euro system. The entirety of the euro system has to collapse. But it has to collapse in the right way; it has to be a voluntary collapse, which is like a Glass-Steagall process. This means the end of the euro, really. The euro system is about to end, because you can't sustain it.

read full article here LaRouche: The Glass-Steagall Moment is Upon Us

Patriot Act documents to remain government secrets, rules federal judge

Patriot Act documents to remain government secrets, rules federal judge: (NaturalNews) An open society is a free society, and the media's primary job in helping to maintain a free, open society is to shine the light of scrutiny on government. In doing so the media lives up to its (supposed) mantra of afflicting the comfortable and comforting the afflicted. The only thing that could possibly get in the way of that mission is, of course, the government, through one of its surrogates in the federal court system.

In an effort to shed some light on how the government interprets its own PATRIOT Act, New York Times reporter Charlie Savage filed suit against the federal government last fall to get some answers after a Freedom of Information request was shot down by the Justice Department, which said the interpretation was "classified."

HOW TO COMMUNICATE IF THE U.S. GOVERNMENT SHUTS DOWN THE INTERNET

HOW TO COMMUNICATE IF THE U.S. GOVERNMENT SHUTS DOWN THE INTERNET
 Scenario: Your government is displeased with the communication going on in your location and pulls the plug on your internet access, most likely by telling the major ISPs to turn off service.

This is what happened in Egypt Jan. 25 prompted by citizen protests, with sources estimating that the Egyptian government cut off approximately 88 percent of the country's internet access. What do you do without internet? Step 1: Stop crying in the corner. Then start taking steps to reconnect with your network. Here’s a list of things you can do to keep the communication flowing.

NOTE: If you have advice to add, please log in and Aadd your comments.

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PREVENTIVE MEASURES:

MAKE YOUR NETWORK TANGIBLE

Print out your contact list, so your phone numbers aren’t stuck in the cloud. Some mail services like Gmail allow you to export your online contact list in formats that are more conducive to paper, such as CSV or Vcard, and offer step-by-step guides on how to do this.

BROADCAST ON THE RADIO:

CB Radio: Short for "Citizens Band" radio, these two-way radios allow communication over short distances on 40 channels. You can pick one up for about $20 to $50 at Radio Shack, and no license is required to operate it.

Ham radio: To converse over these radios, also known as "amateur radios," you have to obtain an operator's license from the FCC. Luckily, other Wired How-To contributors have already explained exactly what you need to do to get one and use it like a pro. However, if the President declares a State of Emergency, use of the radio could be extremely restricted or prohibited.

GMRS: The General Mobile Radio Service (GMRS) is a licensed land-mobile FM UHF radio service in the United States available for short-distance two-way communication. It is intended for use by an adult individual who possesses a valid GMRS license, as well as his or her immediate family members... They are more expensive than the walkie talkies typically found in discount electronics stores, but are higher quality.

Family Radio Service: The Family Radio Service (FRS) is an improved walkie talkie radio system authorized in the United States since 1996. This personal radio service uses channelized frequencies in the ultra high frequency (UHF) band. It does not suffer the interference effects found on citizens' band (CB) at 27 MHz, or the 49 MHz band also used by cordless phones, toys, and baby monitors.

Microbroadcasting: Microbroadcasting is the process of broadcasting a message to a relatively small audience. This is not to be confused with low-power broadcasting. In radio terms, it is the use of low-power transmitters to broadcast a radio signal over the space of a neighborhood or small town. Similarly to pirate radio, microbroadcasters generally operate without a license from the local regulation body, but sacrifice range in favor of using legal power limits.

Packet Radio Back to the '90s: There do exist shortwave packet-radio modems. These are also excruciatingly slow, but may get your e-mail out. Like ham radio above it requires a ham radio license because they operate on ham radio frequencies.

TELEPHONE:

Set up a phone tree: According to the American Association of University Women, a phone tree is "a prearranged, pyramid-shaped system for activating a group of people by telephone" that can "spread a brief message quickly and efficiently to a large number of people." Dig out that contact list you printed out to spread the message down your pyramid of contacts.

Enable Twitter via SMS: Though the thought of unleashing the Twitter fire hose in your text message inbox may seem horrifying, it would be better than not being able to connect to the outside world at all. The Twitter website has full instructions on how to redirect tweets to your phone.

Call to Tweet: A small team of engineers from Twitter, Google and SayNow, a company Google acquired recently, made this idea a reality. It’s already live and anyone can tweet by simply leaving a voicemail on one of these international phone numbers (+16504194196 or +390662207294 or +97316199855) and the service will instantly tweet the message using the hashtag #egypt. No Internet connection is required. People can listen to the messages by dialing the same phone numbers or going to the Twitter account, speak2tweet.

Alex Jones and infowars.com have a telephone number for people to listen to his radio show by phone, in case the internet goes down, or if you don't have internet. The phone in listen line is 512-646-5000.

FAX:

If you need to quickly send and receive documents with lengthy or complex instructions, phone conversations may result in misunderstandings, and delivering the doc by foot would take forever. Brush the dust off that bulky old machine, establish a connection by phone first with the recipient to make sure his machine is hooked up, then fax away.

You may not need a fax machine to send or receive faxes if your computer has a dial-up fax application.

NON-VIRTUAL BULLETIN BOARD

Sometimes we get so wrapped up in the virtual world that we forget about resources available in the real world. Physical bulletin boards have been used for centuries to disseminate information and don't require electricity to function. If you are fortunate enough to be getting information from some other source why not share it with your friends and neighbors with your own bulletin board? Cork, magnetic and marker bulletin boards are as close as your nearest dime store and can be mounted just about anywhere. And if push comes to shove you can easily make your own with scrap wood lying around the house.

Getting back onlineWhile it might be relatively easy for a government to cut connections by leveraging the major ISPs, there are some places they wouldn't get to so readily, like privately-owned networks and independent ISPs.

FIND THE PRIVATELY RUN ISPs

In densely populated areas, especially in central business districts and city suburbs there are multiple home WiFi networks overlapping each other, some secure, some not. If there is no internet, open up your WiFi by removing password protection: If enough people do this it's feasible to create a totally private WiFi service outside government control covering the CBD, and you can use applications that run Bonjour (iChat on Mac for example) to communicate with others on the open network and send and receive documents. **needs more clarification

If you are a private ISP, it's your time to shine. Consider allowing open access to your Wi-Fi routers to facilitate communication of people around you until the grid is back online.

RETURN TO DIAL-UP

According to an article in the BBC about old tech's role in the Egyptian protests, "Dial-up modems are one of the most popular routes for Egyptians to get back online. Long lists of international numbers that connect to dial-up modems are circulating in Egypt thanks to net activists We Re-Build, Telecomix and others."

Dial-up can be slow. Often, there is a lightweight mobile version of a site that you can load from your desktop browser quickly despite the limitations of dial-up. Examples: mobile.twitter.com, m.facebook.com, m.gmail.com.

AD-HOC NETWORKING

Most wireless routers, PCs, laptops, and even some ultramobile devices like cellphones have the ability to become part of an "ad hoc" network, where different "nodes" (all of the devices on the network) share the responsibility of transmitting data with one another. These networks can become quite large, and are often very easy to set up. If used properly by a tech-savvy person, such networks can be used to host temporary websites and chat rooms. There are many internet tutorials on the internet for ad hoc networking, so feel free to google some.

Apple computers tend to have very accessible ad hoc functionality built in, including a pre-installed chat client (iChat) that will automatically set up an ad hoc "Rendezvous" chatroom among anybody on the network, without the need for an external service like AIM or Skype. Ad hoc network-hosting functionality is built in to the Wi-Fi menu.

Windows computers have several third-party ad hoc chat applications available (such as Trillian) and setting up an ad hoc Wi-Fi network is almost as simple as on a Mac.

Linux operating systems, of course, have plenty of third-party apps available, and most distros have ad hoc network-creation support built in.

BUILD LARGE BRIDGED WIRELESS NETWORK

Using popular wireless access point devices like a Linksys WRT54G, you can create a huge wireless bridged network -- effectively creating a Local Area Network (LAN), or a private Internet that can be utilized by all users within range using a Wi-Fi enabled device.

You can also link multiple devices together wirelessly, extending the range of your network. Most access points will cover a 100 meter area and if your wireless device is built to support the 802.11n wireless standard, you will get almost a 500 meter coverage area for each access point.

To build a wireless bridge, check out the dd-wrt wiki, and learn how to configure Linksys WRT54G as a wireless client using this Anandtech thread.

NINTENDO DS

A used DS family device can be purchased inexpensively. In addition to wi-fi, the DS supports its own wireless protocols. Using Pictochat, it is possible to chat with nearby DS users without having any DS games. Unfortunately, the range is quite short.

Some games, such as the fourth generation Pokemon games, support mail items. Thus you can send your message under the guise of just playing a game. Mail items can be sent through the Internet if you can get on the net and you and your partner(s) have each other's friend codes.

The original DS and the DS Lite do support the Opera web browser, but finding the game card and memory pack may be very difficult. Starting with the DSi, Opera is downloadable.

INTRANET

Your computer has the ability to set up your own INTRANET. This was done BEFORE the internet was popularized in two ways: Your computer dialed up other computers and sent them the contents of a message board, or local people people dialed into your computer. A nationwide system can be set up this way with a central location sending to many cities then each city sending out the info locally.

BECOME UNTRACEABLE

If you're going to post government secrets on your work-around site, you may want to set up an untraceable account. Really, you only need a mail drop, an assumed name, a prepaid credit card you can get at many stores to set up service.

GET SATELLITE ACCESS

You can have very, very slow internet if you have something similiar to an Iridium phone, which would allow you to do dial up at 2400 baud, which at least gives you e-mail. This will also work when your government has shut down GSM and telephone access, and will work pretty much anywhere on the planet. If you're in the right place, get yourself KA-SAT access which is satellite broadband and will not be routed through any internet exchange that certain local governments may monitor or block (unless that government is part of EU or er ... Uncle Sam.

BACK TO BASICS

Make some noise: Have an air horn or other loud instrument handy. It may just come down to being able to alert people in your local geographic area, who would otherwise be unaware of an emergency. You may also want to learn a bit about Morse code and have a cheat sheet available.

URGENT ! U.S. Soldier Warns America Of Immanent Martial Law!

U.S. Treasury Bond Teetering Tower of Babel, Fed Stuck at 0% Forever by Jim Willie

The Biblical story is told of a tower built ever higher in order to achieve contact with the heavens, lest they be scattered upon the earth. They were scattered when the tower fell. Fast forward to today, where the earth has a multitude of tribes, languages, and several major alphabets. When the Lehman Brothers failure occurred, and the Fannie Mae and AIG activities were to be concealed under court orders, the land turned barren, and a financial plague befell the Western nations led by the United States. They were after all, the keepers of the ark (printing press for USDollars). But a plague of debt locusts was cast upon the US nation, with annual $1.5 trillion deficits. The Americans in their unending arrogance, chose to speak from the tower top and to proclaim 0% forever, suspending gravity. They have attempted to force free money to finance their USGovt debts, to preserve power, to ensure privilege, but in doing so they defy nature in testing gravity itself.
The recent losses from JPMorgan have proved to be much more based upon suspending gravity with 0% official rates in the Delta-Hedging complex game tied to the vast over-burdened Interest Rate Swap contracts, rather than the European sovereign bonds as first claimed. The Jackass is on record on May 11th, aided by the indefatigable forensic analyst Rob Kirby, in pointing to Interest Rate Swap stresses from the sudden March and April movement in the 10-year USTreasurys within the strained bloated USGovt sovereign bond market. The IRSwap setbacks were the underlying cause of the JPM losses. The giant bank does not want attention give to this derivative tool which controls the bond market in a devious artificial manner. As far as debt is concerned, the United States is Greece times 100. It is Italy times 20. It receives a pass from the bond market, precisely because the nation prints the money and controls the vast Interest Rate Swap support mechanism. But the tower is finally exposed.
read full article here U.S. Treasury Bond Teetering Tower of Babel, Fed Stuck at 0% Forever by Jim Willie

Choosing the Right Concealed Carry Handgun for You

Welcome to the Currency War, Part 1: Iceland and the Tragedy of the Commons — DollarCollapse.com

Think of devaluation as the monetary equivalent of the “tragedy of the commons”. In a nutshell, if everyone shares ownership of or has access to a given resource, it is in each individual’s interest to grab what they can as quickly as possible, which soon depletes the resource.
With currency exchange rates, as with fisheries and sheep pastures, there’s an advantage for those who move first and pain for those who dither. Consider Iceland’s nearly-instantaneous recovery from its epic banking crash:
In European Crisis, Iceland Emerges as an Island of Recovery
VESTMANNAEYJAR, Iceland—Three and a half years after Iceland collapsed in a heap, Dadi Palsson’s fish-processing plant has the air of a surprising economic recovery.
Mr. Palsson arrived at 4 a.m. on a recent workday. Twelve tons of cod were coming in. Soon, his workers would bone, slice and pack the fish for loading onto towering container ships headed abroad.
In 2008, Iceland was the first casualty of the financial crisis that has since primed the euro zone for another economic disaster: Greece is edging toward a cataclysmic exit from the euro, Spain is racked by a teetering banking system, and German politicians are squabbling over how to hold it all together.
But Iceland is growing. Unemployment has eased. Emigration has slowed.
Iceland has a significant advantage over stressed euro-zone countries—a currency that could be devalued. That has turned its trade deficit into a surplus and smoothed its recovery.
So brisk is the fish business that Mr. Palsson’s factory draws Polish workers to this island off an island, a heart-shaped dollop of volcanic rock five miles from Iceland’s south coast.
“Every house is full because we can offer so many jobs,” said Mr. Palsson, 37 years old. On his humming factory floor, cod whip through machines that lop off heads and slice out bones. Rows of workers in Smurf-blue smocks lean over illuminated tables to cut the filets.
Iceland—with its own currency, its own central bank, its own monetary policy, its own decision-making and its own rules—had policy options that euro-zone nations can only fantasize about. Its successes provide a vivid lesson in what euro countries gave up when they joined the monetary union. And, perhaps, a taste of what might be possible should they leave.
Iceland fell hard in 2008. Its engorged banking system sunk and unemployment soared. The government was jeered out of office by dispirited voters in angry street protests. Young people packed their bags. As in the euro zone, the International Monetary Fund parachuted in with a bailout.
Its currency devalued by half. That boosted exports, like Mr. Palsson’s fish, and trimmed costly imports, like cars. The weakened krona was hard on homeowners who borrowed in foreign currency, but Iceland’s judges and policy makers orchestrated mortgage relief. Expensive foreign goods also ignited inflation. Consumer prices have risen 26% since 2008.
read full article here Welcome to the Currency War, Part 1: Iceland and the Tragedy of the Commons — DollarCollapse.com

Wilkerson: New Military Powers the Road to Tyranny

Wilkerson: New Military Powers the Road to Tyranny