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kathryn
~ Selkie Bride ~
Belgium
15320 Posts |
 Posted - 08/07/2007 : 14:32:01
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I love you, speedy.
I got some heaven in my head
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Llamadance
> Teenager of the Year <
United Kingdom
2543 Posts |
Posted - 08/07/2007 : 14:33:20
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quote:
Originally posted by speedy_m
If there were no precedent for all of this, it would be much less plausible. The most powerful and recent one, however, is the Nazis. Hitler was elected and supported by the people.
www.myspace.com/wewereloversmusic
and yet, that doesn't mean a similar thing is happening now....
No, I don't know that atheists should be considered as citizens, nor should they be considered patriots. This is one nation under God George Bush snr |
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speedy_m
= Frankofile =
Canada
3581 Posts |
Posted - 08/07/2007 : 14:43:54
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quote:
Originally posted by Llamadance
quote:
Originally posted by speedy_m
If there were no precedent for all of this, it would be much less plausible. The most powerful and recent one, however, is the Nazis. Hitler was elected and supported by the people.
www.myspace.com/wewereloversmusic
and yet, that doesn't mean a similar thing is happening now....
No, I don't know that atheists should be considered as citizens, nor should they be considered patriots. This is one nation under God George Bush snr
Of course not. Nor does our own disbelief, shock, superiority, or ignorance mean that it isn't.
www.myspace.com/wewereloversmusic |
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PixieSteve
> Teenager of the Year <
Poland
4698 Posts |
Posted - 08/07/2007 : 14:46:41
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i think the point speedy_m makes well is that, if you actually watch the videos, you might be convinced enough to at least say - this is possible, but ask - would they really do that?
and you can look at history to give you the answer.
"Idiot" is just her sig. |
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Llamadance
> Teenager of the Year <
United Kingdom
2543 Posts |
Posted - 08/07/2007 : 15:06:14
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All history proves is that someone, somewhere, sometime, did something. Humans are capable of so much more than what's already been done. Go us.
No, I don't know that atheists should be considered as citizens, nor should they be considered patriots. This is one nation under God George Bush snr |
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The King Of Karaoke
> Teenager of the Year <
USA
3759 Posts |
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kathryn
~ Selkie Bride ~
Belgium
15320 Posts |
Posted - 08/07/2007 : 15:54:22
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quote:
Originally posted by Llamadance
All history proves is that someone, somewhere, sometime, did something. Humans are capable of so much more than what's already been done.
True. Except we keep failing at doing something else, something that is better, both on a societal and personal level. Which is why I'm off to eat some Nutella, proving the point.
I got some heaven in my head
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speedy_m
= Frankofile =
Canada
3581 Posts |
Posted - 08/07/2007 : 15:56:19
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quote:
Originally posted by Llamadance
All history proves is that someone, somewhere, sometime, did something. Humans are capable of so much more than what's already been done. Go us.
No, I don't know that atheists should be considered as citizens, nor should they be considered patriots. This is one nation under God George Bush snr
I agree. But I'm not saying history proves anything, I'm saying it creates context for what is happening. Every pocket of this so called consipiracy (from 9/11, to peak oil, to the Patriot Act) is an updated version of an old phenomenon; a 21st century cover of an old song. What history teaches us is that there is nothing new under the sun. We're capable of more, yes. But we are also capable of this.
How must have the Germans felt, as the evidence of the truth the Third Reich mounted? I would have found it hard to beleive that my own government planned to exterminate a race of its own citizens.
www.myspace.com/wewereloversmusic |
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The King Of Karaoke
> Teenager of the Year <
USA
3759 Posts |
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The King Of Karaoke
> Teenager of the Year <
USA
3759 Posts |
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The King Of Karaoke
> Teenager of the Year <
USA
3759 Posts |
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The King Of Karaoke
> Teenager of the Year <
USA
3759 Posts |
Posted - 08/09/2007 : 11:25:04
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Here you go Thomas, go find this guy and tell him what he believes is fiction.
New York Firefighter John Schroeder speaks out on 9/11
http://video.google.com/videoplay?docid=53815767687186956
BROOKLYN, N.Y. - Firefighter John Schroeder, assigned to Engine Company 10 directly across the street from the World Trade Center complex, holds back tears and describes his first-hand experience on Sept. 11th. His story directly contradicts many aspects of the National Commission on Terrorist attacks and corroborates many other eyewitnesses testimony.
“Standing outside the firehouse with my buddies, we were talking about how beautiful the day was. Then just like that, our lives changed forever. Some of those guys I would never see again.”
In this exclusive interview, Firefighter Schroeder recollects in great detail how he was one of the first firefighters to rush to the complex. “We first assembled on West Street, where we saw someone burnt beyond recognition. We were like ‘What is going on here?’ and then went straight into the Marriot building” From there, Firefighter Schroeder made his way to the lobby of the North Tower. “It looked like a bomb went off, and we started making our way up the stairs to rescue as many people as we could.”
As they were making there way up the floors, Firefighter Schroeder heard a huge explosion. “The elevators just blew right out. We couldn’t believe it. The plane hits 80 floors up but the elevators explode at least five minutes later? It was unreal.”
Firefighter Schroeder made it all the way up to the 23rd floor before barely hearing on the failing radios that another plane was coming in. That plane would hit the South Tower though for some reason “We were tossed like a rag doll by another explosion in our building. People were making there way down the stairwells burnt like you couldn’t believe. We were all shocked because it seemed as if there was fire everywhere, on so many floors. It just didn’t make sense”.
John Schroeder, we want to thank you for being as brave as your job requires in speaking out about your experiences on Sept/ 11th. You have set the historical record straight by explaining your story. This Nation is forever greatful to you as your account will help to save and protect many more lives.
RSVP Today for the 9/11 First Responder Fundraiser in NYC on 09/11/2007:
http://www.wearechange.org
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http://www.zeitgeistmovie.com/ |
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The King Of Karaoke
> Teenager of the Year <
USA
3759 Posts |
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The King Of Karaoke
> Teenager of the Year <
USA
3759 Posts |
Posted - 08/09/2007 : 16:33:08
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Genocide in Burma supported by the US, the UK, and France
What happens when a government makes
its own people the enemy?
You can see the inevitable outcome
of this attitude in Burma today...
A homicidal regime propped up by
US, UK, and French multi-nationals.
http://www.brasschecktv.com/page/131.html
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http://www.zeitgeistmovie.com/ |
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The King Of Karaoke
> Teenager of the Year <
USA
3759 Posts |
Posted - 08/09/2007 : 18:01:14
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http://www.jonesreport.com/articles/210607_eugenics_austin.html
Links backing up these outrageous claims are provided in the actual article. I can't say I'm particularly fond of this piece but I've used it because of the links it provides. I fully agree, we have too many people on the planet. The people that volunteer for this organization I'm sure have the best intentions but it's interesting to see were these organizations originate from. I picked up their mag last week at my local farmers market. I find it funny that they are so anti- Bush because of his pro-life stance. Look at who's funding these organzations and see their links to the Bush family. The abortiion issue will always be kept alive to garner votes. Behind the scenes they are culling the population in other ways.
Eugenics Hits Austin In Population Connection Society
Group Seeks Zero Population Growth and Plays Off of Global Warming Fears
Recently in Austin, a branch of a eugenics organization named Population Connection (www.popconnect.org), formerly known as Zero Population Growth, had a presentation to show locals. Austin was one of 12 cities this organization has planned to show the presentation to. The meeting took place Thursday night, June 14th right as an ominous rainstorm opened up when the meeting began. This was at 7 pm on the back patio of local coffee house Austin Java.
Population Connection seeks to "stabilize" world population growth through tools such as, "family planning, education for women, and the right to make personal reproductive choices." This could be read as: abortion, eugenics because of global warming propaganda, and abortion. According to John Seager, head of the organization, this is necessary because of global warming. Seager writes in a paper given out at the event that, "Scientists warn that temperatures will continue to rise unless we stabilize greenhouse gas levels" and that "the most likely culprits are people - all of us." There were at least 10 different pieces of propaganda at the event covered with many multicolored condoms.
The group wasn't up for debating whether humans cause global warming, the root argument from the organization to cull the population. As Professor Paul Reiter of the United Nations Intergovernmental Panel on Climate Change (IPCC) & Pasteur Institute, Paris has said “We imagine we live in an age of reason, and the global warming alarm is dressed up as science, but it’s not science. It’s propaganda.” Reiter is joined by another member of the IPCC in saying “I’ve often heard it said that there is a consensus of thousands of scientists on the global warming issue, and that humans are causing a catastrophic change to the climate system. Well I am one scientist, and there are many that think that is simply not true.” Before we start doing something drastic, would it not be best to at least have a debate first?
Propaganda and condoms were readily available at the meeting.
The audience was packed with no supporters of the Population Connection agenda, so it wasn't going to be easy for Burnadette Donahue, who is head of the groups Austin branch, to give the presentation. Burnadette mentioned she was from Kyle, Texas and agreed that there is plenty of space out there. Burnadette was joined by her assistant Jen Wireman. Burnadette introduced herself and explained to us the importance of “stabilizing” the population because of global warming and lack of resources, such as oil (Link) and water. The group had a good laugh at that as huge streams of fresh rain water could be seen flowing out of the parking lot onto Lamar Blvd. Jen, with a pentagram tatoo visible on her wrist, nodded in agreement with Burnadette and added, “More people, more problems.”
Jen: "More people, more problems"
The presentation continued with a round table introduction of everyone at the meeting. Craig introduced himself and raised concerns about where the group received their funding from, whether it was from groups such as the Ford Foundation or the Bill and Melinda Gates foundation. Guymon, a local activist, expressed deep concerns that the agenda would undermine some of the core ideals of the constitution: life, liberty and private property (which includes one's body). Troy, another local activist, brings up the fact that populations are already lowering in many nations, such as Japan and Russia for example. Russia, where families are actually getting paid to have children because of low population levels and Japanese having less than 2 children on average meaning a declining population. Guymon and Troy are both locally based international radio show hosts and can be heard on RevereRadio.net on Saturday.
Burnadette assured us that she didn't want to violate the constitution or break any laws. Someone from the audience asked a question along the lines of if population control was constitutional. Burnadette responded that they weren't about population control, they were about population stabilization. Right, because we all know when you try to stabilize something, you don't control it. So remember folks, the group that used to call itself Zero Population Growth is not about population control. Burnadette is not only contradicted by her own words, but by her groups original founder, Paul R. Ehrlich, who was quoted as saying:
"We must have population control at home, hopefully through a system of incentives and penalties, but by compulsion if voluntary methods fail."
One has to wonder why they changed their name. On their web page, the reason given is incomplete “Since changing our name from Zero Population Growth to Population Connection, we” and its cut off mid sentence.
During the presentation it was brought up how women were being sterilized in Africa through vaccines. Burnadette and Jen both expressed that they were not in support of forced sterilization. One of their actions was lobbying for a bill that would mandate federal funded sex education called the REAL act. Burnadette and Jen were both flown to DC to lobby for the bill by the Population Connection group. Population Connection president and Ford Foundation connected John Seager may not feel the same. Seager, from an article written in fall 2004 said “Is this so-called 'birth dearth,'... really a problem? It is not.”
Later in that article he goes on to lament that American families are just having too many kids – that we need negative population growth. Seager was involved in a detailed study on the effect of AIDS in badly affected areas of Africa. First African woman Nobel Peace Prize winner, Wangari Maathai, has claimed that AIDS was deliberately created as “a tool to control them [Africans] designed by some evil-minded scientists.”
Others have written how AIDS is being spread in Africa through “family planning” groups in the areas studied in Seagers report through a contraceptive called Depo Provera. Notice how “Depop” can be spelled with the first five letters of the drugs name. Was Seager possibly keeping an eye on how well their AIDS inducing depopulation contraceptives are working?
Paul R. Ehrlich, "We must have population control at home...”
When people such as Seager, and Population Connection founder Paul R. Ehrlich develop elitist attitudes, problems are bound to occur. An agenda gets developed and junk science is used to push that agenda. Where does backing for that agenda originate? One must look at the elitist bankers and groups pushing for the exact same plan – Click here for a video of a speech Edmund de Rothschild gave pushing for an agenda almost exactly parallel with Population Connections.
Then one must look at where the funding for groups such as this originate. Burnadette was unsure where her grant came from, but assured me she would get me that information. As of this writing I have not received anything. Would anyone be surprised to see the same shady groups that Population Connection has associated with in the past?
Population Connection founder, Paul R. Ehrlich started the organization in 1968 with Richard Bowers and Charles Remington. Paul R. Ehrlich's claim to fame was a book called “The Population Bomb” written in 1968 was based on his predictions of massive global famine, starvation, death, disorder, etc that he wrote in an article in New Scientist the year before. It sounds very chilling and is dressed up with similar junk science as man made global warming, so its no surprise Ehrlichs predictions were for almost 37 years ago. He wrote the book at the suggestion of Sierra Club executive director, David Brower. Burnadette, having admitted to consorting with the Sierra Club, basically gives the same line in her presentation. Ehrlich also gives warning that entire nations wouldn't be able to exist by the end of the 20th century, including England. Despite the persistent existence of England, Sierra Club members still highly praise the book.
One of those in line with this Malthusian agenda was member of congress, George H. W. Bush, who created and managed the Republican Task Force on Earth Resources and Population. It was started around 1970 and was comprised of over 20 Republican Congressmen. Section two of a congressional record of this task force was titled “Population Control.”
As Webster Tarpley writes on the subject, in a book about Bush Sr, “the task force provided a public forum to nearly every well-known zero-growth fanatic, from Paul Ehrlich, founder of Zero Population Growth (ZPG), to race scientist William Shockley, to the key zero-growth advocates infesting the federal bureaucracy.” Tarpley goes on to write, “As for Paul Ehrlich, his program for genocide included a call to the US government to prepare 'the addition of...mass sterilization agents' to the US food and water supply, and a 'tough foreign policy' including termination of food aid to starving nations. As radical as Ehrlich might have sounded then, this latter point has become a staple of foreign policy under the Bush Administration.” After this task force was created, George H. W. Bush was awarded a post as ambassador to the United Nations under UN secretary general Kurt Waldheim, now infamous for his discovered Nazi connections.
Paul Ehrlich married Anne Fitzhugh Howland in the early 1950s. Anne is a member of many environmental, sustainability and elitist groups including Sierra Club and the Club of Rome. The Club of Rome is a Neo-Malthusian globalist think tank that sees humanity as a threat to the world and seeks to limit its growth. They seek to do this through engineering a widely perceived direct external threat. In the words of the group itself, in a report called The First Global Revolution, "In searching for a new enemy to unite us, we came up with the idea that pollution, the threat of global warming, water shortages, famine, and the like would fit the bill. All these dangers are caused by human intervention . . . The real enemy, then is humanity itself." The Club of Rome is interconnected with other groups such as the Bilderberg group and Bohemian Grove, which can be seen as the workings of a “New World Order” towards a one world government. New World Order being the phrase key members of these groups, such as former president George H.W. Bush, David Rockefeller, and potential future Prime Minister of the UK, Gordon Brown use to describe what they are setting up.
In the United States, an external threat is said to be needed to push a one world government driven foreign policy. As Trilateral Commission co-founder, Council on Foreign Relations and Bilderberg group member Zbigniew Brzezinski has said, "Moreover, as America becomes an increasingly multi-cultural society, it may find it more difficult to fashion a consensus on foreign policy issues, except in the circumstance of a truly massive and widely perceived direct external threat." Brzezinkski was recently confronted at a speech he gave by true American hero Luke Rudkowski. If there is to be any hope of stopping this fraudulent and genocidal eugenics on an unimaginable scale, we must all confront the globalists like Brzezinski everywhere they go. Luke also confronted David Rockefeller, one of the highest players in this admitted conspiracy.
Brzezinkski: “Sit down and shut up!”
As the meeting ended, it was clear that the group didn't want to debate whether it was legitimate to push such a radical idea without knowing about the other side, an elitist agenda pushed by the highest levels of power to remove 87% of the human race. These rules are clearly written in stone on an unholy alter of anti humanity called the Georgia Guidestones on the 33rd parallel.
Because we all know you need to kill 6 billion people to have balance with nature.
I assured Burnadette and Jen I would send them pertinent documentaries about this issue, UN Agenda 21, and man made global warming being a hoax to make sure they understand what is behind the curtain of Population Connection. I sent them both the email and have yet to hear back. Lets hope it wasn't a futile attempt on our part to try to sway the worker bees of a much larger evil force and that they check out the documentaries and never push this filth in Austin again. Be aware and watch for this group in your town. Never forget the words of H.L. Mencken, “The urge to save humanity is almost always only a false-face for the urge to rule it.”
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http://www.zeitgeistmovie.com/
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Edited by - The King Of Karaoke on 08/10/2007 14:25:51 |
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Dallas
= Cult of Ray =
USA
725 Posts |
Posted - 08/10/2007 : 15:11:11
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I guess its time to insert another, if you believe any of this shit you are a gullible fool post.
Seriously, sad and embarrassing. For goodness sakes, 9/11 was an inside job, GWB knew about the attack - but not really - the shadow govt only told him some shit was goin' down - but wait, GWB is cunning and setting himself up to become dictator! Everyone is kept quiet the "USS Liberty" way! But dont forget that feminism is also a part of this conspiracy, turning our women into slaves! Its diabolical man, but its happening! FREE your wife!! You know, eMANcipate her!
If you dont believe, go to youtube, those evil bastards made a big mistake, their PR group released the news SCRIPT to the BBC BEFORE they felled bldg 7!! HAHA, Maketing ALWAYS fucks it up!! That's right, there is a marketing/pr dept in the conspiracy. They report up through Human Resources. You gotta have a big HR dept that can do it all. Need a team of demolition experts to murder thousands of their fellow citizens? well, they dont come from anywhere. They have to be recruited, interviewed and initiated. Scriptwriters? check. Air traffic controllers? check. How about Coroners. Gotta have them. Plus, they need to be placed 10-20 years prior to this event so that they don't look like gov't stooges. So yeah, they can recruit coroners, get them placed years in advance so that they can lie to the public about body parts at the Pentagon. LIke i said, you gotta have HR.
You also have to have a bitchin' Mission Statement. All of these people, and I haven't even gotten to those firefighters, cops and other first responders who lied about the fires and structural integrity of bldg 7 before it came down. Take this quote (avail on youtube), what an actor, I wonder what they paid him to say this BEFORE bldg 7 came down "You see where the white smoke is? You see this thing leaning like this? It's definitely coming down. There's no way to stop it. Cause you have to go up in there to put it out and it already - the structural integrity is just not there in the building. It's tough, it's.. it's.. You know we can handle just about anything, this is beyond...". Note the frustration in his words about not being able to save the bldg. ACTING! But there are thousands more like him, all rallyin' round the mission statement!!
But hey, I'm not worried. The cabal forgot about 1 thing. 1 place. 1 man. 1 spark that will ignite and awaken the resistance. A lone crusader, in the FB.NET general forum, armed with a skateboard, a keyboard and at least 5 web pages of super links. They thought they covered it all, not so fast murderous evil world dominating women enslaving son of a bitches!!!!!!! YOU GOTTA DEAL WITH THIS!
Yawn.
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The King Of Karaoke
> Teenager of the Year <
USA
3759 Posts |
Posted - 08/10/2007 : 17:59:19
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quote:
Originally posted by Dallas
I guess its time to insert another, if you believe any of this shit you are a gullible fool post.
Seriously, sad and embarrassing. For goodness sakes, 9/11 was an inside job, GWB knew about the attack - but not really - the shadow govt only told him some shit was goin' down - but wait, GWB is cunning and setting himself up to become dictator! Everyone is kept quiet the "USS Liberty" way! But dont forget that feminism is also a part of this conspiracy, turning our women into slaves! Its diabolical man, but its happening! FREE your wife!! You know, eMANcipate her!
If you dont believe, go to youtube, those evil bastards made a big mistake, their PR group released the news SCRIPT to the BBC BEFORE they felled bldg 7!! HAHA, Maketing ALWAYS fucks it up!! That's right, there is a marketing/pr dept in the conspiracy. They report up through Human Resources. You gotta have a big HR dept that can do it all. Need a team of demolition experts to murder thousands of their fellow citizens? well, they dont come from anywhere. They have to be recruited, interviewed and initiated. Scriptwriters? check. Air traffic controllers? check. How about Coroners. Gotta have them. Plus, they need to be placed 10-20 years prior to this event so that they don't look like gov't stooges. So yeah, they can recruit coroners, get them placed years in advance so that they can lie to the public about body parts at the Pentagon. LIke i said, you gotta have HR.
You also have to have a bitchin' Mission Statement. All of these people, and I haven't even gotten to those firefighters, cops and other first responders who lied about the fires and structural integrity of bldg 7 before it came down. Take this quote (avail on youtube), what an actor, I wonder what they paid him to say this BEFORE bldg 7 came down "You see where the white smoke is? You see this thing leaning like this? It's definitely coming down. There's no way to stop it. Cause you have to go up in there to put it out and it already - the structural integrity is just not there in the building. It's tough, it's.. it's.. You know we can handle just about anything, this is beyond...". Note the frustration in his words about not being able to save the bldg. ACTING! But there are thousands more like him, all rallyin' round the mission statement!!
But hey, I'm not worried. The cabal forgot about 1 thing. 1 place. 1 man. 1 spark that will ignite and awaken the resistance. A lone crusader, in the FB.NET general forum, armed with a skateboard, a keyboard and at least 5 web pages of super links. They thought they covered it all, not so fast murderous evil world dominating women enslaving son of a bitches!!!!!!! YOU GOTTA DEAL WITH THIS!
Yawn.
Funny.
That aside, your "gullible" comment is extremely applicable when describing you. Particularly when you're posting this as WTC7 debunking evidence: http://www.debunking911.com/pull.htm Ha! Hilarioius!
That's for people that think evildoers are jealous of our freedom. My god, the idea that you even believe that has me practically pissing myself over here.
You poor, ignorant, foolish, foolish man.
I feel sorry for you.
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http://www.zeitgeistmovie.com/
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Edited by - The King Of Karaoke on 08/10/2007 18:00:16 |
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Dallas
= Cult of Ray =
USA
725 Posts |
Posted - 08/10/2007 : 19:40:26
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Again, it must be getting really tough for you. The most obvious and glaring questions are the ones you can't even begin to respond to. So instead, you create a position you think you can attack and then attach it to me.
I don't think evildoers are jealous of our freedom you simpleton. Unfortunately you can only color the world around you as if it is a comic book. Which makes you susceptible to these irrational conspiracy theories, you pick one, they are all full of horseshit.
Islamic Jihadists wish with all their hearts to kill us because we don't succumb to their particular view of Islam. We know this because they tell us...repeatedly.
This is so obviously a cry for attention its hilarious. This ridiculous idea of you giving up your free time or weekends to battle evil is a joke. Who else are you harrassing out here on the web?? What are you doing, rolling around in your back yard in camo's? How does the battle manifest itself that you can get yourself to the front on weekends?? What a clown.
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The King Of Karaoke
> Teenager of the Year <
USA
3759 Posts |
Posted - 08/10/2007 : 21:20:22
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"Islamic Jihadists wish with all their hearts to kill us because we don't succumb to their particular view of Islam. We know this because they tell us...repeatedly."
Yeah, the problem with this statement here is that your "they" is different than that of people that know a steaming pile of bullshit when they see it.
Meet Dallas' "they" eveybody.
    
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http://www.zeitgeistmovie.com/
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The King Of Karaoke
> Teenager of the Year <
USA
3759 Posts |
Posted - 08/10/2007 : 21:28:05
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Here's what my "they" told me:
http://911review.org/Wiki/BinLaden.shtml
An interview with Osama bin Laden was published in a Karachi-based Pakistani daily newspaper, Ummat, on September 28, 2001. In this interview, bin Laden explicitly denies involvement in the September 11 attacks in the US:
"I have already said that I am not involved in the 11 September attacks in the United States. As a Muslim, I try my best to avoid telling a lie. I had no knowledge of these attacks, nor do I consider the killing of innocent women, children and other humans as an appreciable act. Islam strictly forbids causing harm to innocent women, children and other people. Such a practice is forbidden even in the course of a battle.
No proof of bin Laden's guilt was provided by the American media:
The American government promised to put out a paper that "describes clearly the evidence", but Number 10 Downing Street came to their rescue by putting out a Really Dodgy Dossier instead. This was the same modus operandi that was used as with the Iraq Dodgy Dossier.
The famous Bin Laden Confession has been manipulated:
Osama Bin Laden's famous home video, which was "found" in December 2001, was used for an "evidence" on the Sep11th attack and was originally translated with the help of "independent" translators. This seems to be untrue. They all had government or military connections (See 9/11 Encyclopedia Monterey Language Institute) and got even criticised for their "superficial" job.
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http://www.zeitgeistmovie.com/
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Edited by - The King Of Karaoke on 08/10/2007 21:32:33 |
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The King Of Karaoke
> Teenager of the Year <
USA
3759 Posts |
Posted - 08/10/2007 : 21:39:33
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"They tell us" How rich. Thanks for the big smile on my face. Ow! My cheeks hurt. "They tell us". Classic!
The Fake bin Laden Audio Tape
http://www.whatreallyhappened.com/binladen_audio.html
11/30/2002 - Swiss scientists: "The recording is a fake"
Scientists in Switzerland say they are almost certain that an audio tape attributed to Osama bin Laden is a fake. ... Researchers at the Dalle Molle Institute for Perceptual Artificial Intelligence, in Lausanne, believe the message was recorded by an impostor.
In a study commissioned by France 2 television, researchers built a computer model of Bin Laden's voice, based on an hour of genuine recordings. Using voice recognition systems being developed for banking security, they tested the model against 20 known recordings of Bin Laden. The system correctly identified his voice in 19 of them.
This meant there was only a 5% risk of error in their conclusion that the latest tape is a fake, Professor Hervé Bourlard, the institute's director, told the Guardian yesterday. [Guardian]
12/2/2003 - Swiss Scientists: "Oops. We won't verify other tapes"
Swiss researchers who last November analysed a tape attributed to Osama bin Laden say they won’t be scrutinising the latest recording broadcast by the Arabic television network, Al-Jazeera. The Swiss analysts said the previous tape was almost certainly faked, despite US claims to the contrary. The Dalle Molle Institute for Perceptual Artificial Intelligence (Idiap) in Martigny told swissinfo on Wednesday that it had no intention of analysing the latest tape. [swissinfo]
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http://www.zeitgeistmovie.com/
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The King Of Karaoke
> Teenager of the Year <
USA
3759 Posts |
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The King Of Karaoke
> Teenager of the Year <
USA
3759 Posts |
Posted - 08/10/2007 : 21:55:02
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Now available at "Propaganda Video Palace"!
http://www.brokennewz.com/displaystory.asp_Q_storyid_E_111binladen
Friday, August 10, 2007
al-Qaeda Releases New Video Of Bin Laden's Vacation
9/22/2002 - Steve Tanner
Determined to debunk the rumor of death surrounding the al-Qaeda leader, CNN was presented with another video tape showing world wanted Bin Laden alive and well. "This video is currently being investigated by the FBI for its authenticity." CNN told reporters, "But our teams has run tests on the video, and we feel it is the real thing."
The tape has been described as a vacation video, assumedly in celebration of the 9/11 anniversary. Broken Newz was granted stills of the video for our own investigation. Our staff of technical experts are the same specialists who cracked the Alien Autopsy, Face on Mars, the Dick Clark Close-ups and the Anna Kournikova Penthouse photos
The first image is of Bin Laden enjoying the desert sun with a fellow al-Qaeda henchman. Our team of professionals point out a few discrepancies in this image, the first being the clothing of Bin Laden. We have come to the conclusion, it would be a huge fashion disaster to wear white pants while living in a cave. Second would be the beverage. This seems to be a dairy type drink and it is common knowlegde the al-Qaeda leader is lactose intolerant.
The second image is Bin Laden surrounded by his body guards. The questions here are not so much the situation, but the actual live footage. His guards are following him, almost smothering him throughout this video. This did not seem believable as al-Qaeda bodyguards. It would be difficult be prove they were actors due to the talentless effort they gave. The whole video seems awkward, as if it was produced and written by Paramount.
Although our report is still in progress, early releases from our teams tells us three things:
This video is a poorly written production only worthy of Hollywood.
The realism of a live and well Bin Laden is so poorly delivered that only a fool (Hi Dallas!) and Geraldo Rivera would believe it.
There will be a sequel.
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http://www.zeitgeistmovie.com/
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Edited by - The King Of Karaoke on 08/10/2007 21:59:33 |
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The King Of Karaoke
> Teenager of the Year <
USA
3759 Posts |
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The King Of Karaoke
> Teenager of the Year <
USA
3759 Posts |
Posted - 08/10/2007 : 22:50:50
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Your government loves you!
Bush Plans to Veto Removal of Mercury From Infant Vaccines
http://articles.mercola.com/sites/articles/archive/2007/07/24/bush-plans-to-veto-removal-of-mercury-from-infant-vaccines.aspx
POSTED BY
Dr. Mercola
July 24 2007
Despite a 2004 campaign promise to the contrary, President Bush continues to allow the mercury-containing vaccine preservative thimerosal to be added to childhood flu vaccines.
Thousands of parents believe the preservative has caused mercury poisoning and autism in their children. Still, President Bush plans to veto the HHS-Labor-Education Appropriations Bill, which includes a measure to ban childhood flu vaccines that contain thimerosal, because of the cost and “objectionable provisions.”
As it stands, flu vaccines which contain thimerosal, are recommended for all pregnant women, infants and children, even though the Institute of Medicine recommended in 2001 that these population groups not be exposed to thimerosal-containing vaccines.
One in every six women of childbearing age has enough mercury in their bloodstream to cause neurological damage to their unborn children, according to the U.S. Environmental Protection Agency.
Max Health July 20 2007
The American Academy of Pediatrics and the U.S. Public Health Service requested that all mercury-containing thimerosal be removed from vaccines all the way back in 1999.
Now, nearly a decade later, mercury is not only still a part of flu vaccines, but health officials are recommending them to the very population that mercury stands to harm the most: babies, children and pregnant women.
Children’s developing systems often cannot tolerate the assault from a potent neurotoxin like mercury, and there are many who believe mercury-containing vaccines have fueled the autism epidemic in America.
Aside from autism, mercury exposure has been liked to an alarming array of chronic health issues, including:
Multiple sclerosis
Central nervous system disorders
Alzheimer’s disease
Lower IQ levels
Learning disabilities
The fact that thimerosal is still in vaccines is morally reprehensible, plain and simple.
If you are a new parent or parent-to-be, please read up on the risks of vaccinations so that you can make an informed decision for the health of your child.
And if you’re considering getting a flu vaccination, remember that there are plenty of natural ways to avoid getting the flu, without having to inject yourself or your child with a dangerous toxin.
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The King Of Karaoke
> Teenager of the Year <
USA
3759 Posts |
Posted - 08/10/2007 : 23:20:26
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quote:
Originally posted by Dallas
Again, it must be getting really tough for you. The most obvious and glaring questions are the ones you can't even begin to respond to. So instead, you create a position you think you can attack and then attach it to me.
I don't think evildoers are jealous of our freedom you simpleton. Unfortunately you can only color the world around you as if it is a comic book. Which makes you susceptible to these irrational conspiracy theories, you pick one, they are all full of horseshit.
Islamic Jihadists wish with all their hearts to kill us because we don't succumb to their particular view of Islam. We know this because they tell us...repeatedly.
This is so obviously a cry for attention its hilarious. This ridiculous idea of you giving up your free time or weekends to battle evil is a joke. Who else are you harrassing out here on the web?? What are you doing, rolling around in your back yard in camo's? How does the battle manifest itself that you can get yourself to the front on weekends?? What a clown.
I'm sorry, I'm so used to you dancing around my questions I didn't notice you had some for me. I still haven't noticed actually. Where are they?
Please list them and I will answer them for you.
Here's one for you. Can you or any of your websites explain the angle cut and molten metal found on the giant beams in the basement of the world trade centers?
Here's the photo for you.
Here's some more.
BYU Physics Prof Finds Thermate in WTC Physical Samples, Building Collapses an Inside Job
author: Jacob Hamblin
Based on chemical analysis of WTC structural steel residue, a Brigham Young University physics professor has identified the material as Thermate. Thermate is the controlled demolition explosive thermite plus sulfur. Sulfur cases the thermite to burn hotter, cutting steel quickly and leaving trails of yellow colored residue.
wtc steel with diagonal cut, thermate residue
Prof. Steven Jones, who conducted his PhD research at the Stanford Linear Accelerator Center and post-doctoral research at Cornell University and the Los Alamos Meson Physics Facility, has analyised materials from WTC and has detected the existence of thermate, used for "cutting" the steel support columns, as evident in the photo below.
Dr. Jones is a co-founder of Scholars for 911 Truth.
Dr. Jones in earlier work pointed to thermate as the likely explosive that brought down the WTC1, WTC2, and WTC7 skyscrapers. But only recently was physical material analysed in the lab and the presense of thermate announced. The samples were provided Dr. Jones team from redundant sourses.
Both BYU and Prof. Jones have been offered additional grants if he would "change the direction" of his research. In addition, there have been threats made by an individual who "is taking action" to stop Steven Jones' research, specifically his experiment with thermites (aluminothermics), on the grounds his work may be helpful to "terrorists". Jones notes that much more detailed information on both thermite and thermate is readily available on the internet.
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Edited by - The King Of Karaoke on 08/10/2007 23:23:47 |
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The King Of Karaoke
> Teenager of the Year <
USA
3759 Posts |
Posted - 08/10/2007 : 23:22:34
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If you can't see what is right before your eyes there really is no hope for humanity. Why? Because there are so many more of you out there that it will take forty years for people to finally start admitting this under their breath.
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The King Of Karaoke
> Teenager of the Year <
USA
3759 Posts |
Posted - 08/10/2007 : 23:53:59
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Let me pretend I'm an idiot for a second and enter your fantasy world you live in.
"Islamic jihadist... we won't succumb.. blah, blah." Listen to yourself.
Since when did this particular view of Islam of which you speak become an issue with Americans? I've never once had anyone push their view of islam on me. How is this an issue with us? Explain please.
Now Christianity? That's another thing.
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Dallas
= Cult of Ray =
USA
725 Posts |
Posted - 08/11/2007 : 11:05:00
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I guess its time to insert another, if you believe any of this shit you are a gullible fool post.
Seriously, sad and embarrassing. For goodness sakes, 9/11 was an inside job, GWB knew about the attack - but not really - the shadow govt only told him some shit was goin' down - but wait, GWB is cunning and setting himself up to become dictator! Everyone is kept quiet the "USS Liberty" way! But dont forget that feminism is also a part of this conspiracy, turning our women into slaves! Its diabolical man, but its happening! FREE your wife!! You know, eMANcipate her!
If you dont believe, go to youtube, those evil bastards made a big mistake, their PR group released the news SCRIPT to the BBC BEFORE they felled bldg 7!! HAHA, Maketing ALWAYS fucks it up!! That's right, there is a marketing/pr dept in the conspiracy. They report up through Human Resources. You gotta have a big HR dept that can do it all. Need a team of demolition experts to murder thousands of their fellow citizens? well, they dont come from anywhere. They have to be recruited, interviewed and initiated. Scriptwriters? check. Air traffic controllers? check. How about Coroners. Gotta have them. Plus, they need to be placed 10-20 years prior to this event so that they don't look like gov't stooges. So yeah, they can recruit coroners, get them placed years in advance so that they can lie to the public about body parts at the Pentagon. LIke i said, you gotta have HR.
You also have to have a bitchin' Mission Statement. All of these people, and I haven't even gotten to those firefighters, cops and other first responders who lied about the fires and structural integrity of bldg 7 before it came down. Take this quote (avail on youtube), what an actor, I wonder what they paid him to say this BEFORE bldg 7 came down "You see where the white smoke is? You see this thing leaning like this? It's definitely coming down. There's no way to stop it. Cause you have to go up in there to put it out and it already - the structural integrity is just not there in the building. It's tough, it's.. it's.. You know we can handle just about anything, this is beyond...". Note the frustration in his words about not being able to save the bldg. ACTING! But there are thousands more like him, all rallyin' round the mission statement!!
But hey, I'm not worried. The cabal forgot about 1 thing. 1 place. 1 man. 1 spark that will ignite and awaken the resistance. A lone crusader, in the FB.NET general forum, armed with a skateboard, a keyboard and at least 5 web pages of super links. They thought they covered it all, not so fast murderous evil world dominating women enslaving son of a bitches!!!!!!! YOU GOTTA DEAL WITH THIS!
Yawn.
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Dallas
= Cult of Ray =
USA
725 Posts |
Posted - 08/11/2007 : 11:07:13
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I have hesitated to get into the psychology of someone who adopts this type of tripe as a cause. But, its obvious that the suspension of common sense is driven by a need for fulfilment and importance in ones life. This phony cause inflates your sense of importance and actually gives your life a heroic element that simply doesn't exist on its own.
Again, this is NOTHING NEW. These same conspiracies have been around in some form or fashion since WWI in the US. The only thing that changes are the bad guys. The Free Masons, the Rockefellers and Rothschilds, the Triumvirate, whatever. Its embarrasing for you, seriously. This has all been done before.
That is the problem with most people out there today they think the world started the day they picked up their first newspaper (which for KOK was apparantly 9/12/2001). This is about ignorance about how institutions and the real world work. There is no other way a person can be susceptible to this drivel. |
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PixieSteve
> Teenager of the Year <
Poland
4698 Posts |
Posted - 08/11/2007 : 11:10:13
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fuck me, you managed to type the exact same post as the one a bit further up. what are the chances of that?
"Idiot" is just her sig. |
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Llamadance
> Teenager of the Year <
United Kingdom
2543 Posts |
Posted - 08/11/2007 : 11:18:46
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tbf, Dallas has only done that once, KoK has done it a whole bunch of times.
No, I don't know that atheists should be considered as citizens, nor should they be considered patriots. This is one nation under God George Bush snr |
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The King Of Karaoke
> Teenager of the Year <
USA
3759 Posts |
Posted - 08/11/2007 : 11:33:28
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I keep typing the same thing because they are questions for Dallas that he won't answer. Instead of just answering he slings mud to try to make me look like a nut. Typical reaction of the alseep masses. I have no need to save anybody. I have no need to feel heroic. If anything I kind of get a rise out of pissing this clown off. Why? Because he's wrong. He's been wrong in the past with me and he's wrong again. If he would debate a bit fine but he just comes in, slings mud and pouts because people feel the need to raise questions about some peculiar happenings.
Basically, Through all of his posts Dallas' basic message is "Be good proletariat, go buy a plastic flag and don't question the government". We get it brother. Go read 1984 then take a good look in the mirror.
Answer my questions you government nipple sucking slave!
Explain the cut beams!
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Edited by - The King Of Karaoke on 08/11/2007 11:52:18 |
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The King Of Karaoke
> Teenager of the Year <
USA
3759 Posts |
Posted - 08/11/2007 : 11:44:57
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For the record, I rarely pick up a mainstream newspaper unless it's to check out the propaganda they are pushing on the people. I subscribe to four different forms of independent news media and refer to multiple websites.
This being the one I used to prove you wrong concerning the Iraq invasion four years back. http://www.informationclearinghouse.info/
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The King Of Karaoke
> Teenager of the Year <
USA
3759 Posts |
Posted - 08/11/2007 : 11:50:02
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I've also been telling people for a couple of years that a huge financial crisis is instore for us. As in depression. Nuts they say. We are on an upswing. People buying homes because they are down and headed back up.
Uh huh.
The Grim Reaper pays a visit to Wall Street
By Mike Whitney
08/10/07 "ICH" -- - Thursday, August 9, 2007: --Alan Greenspan’s low-interest, subprime, snake-oil Caravan took another spin down Wall Street today---ripping up pavement, knocking down power-poles and sending traders scampering for safety. When the dust finally settled, “Maestro’s” wrecking ball had lopped another 387 points off the Dow Jones leaving markets reeling and investors cringing in fear. No doubt about it; the mood on the “Street” has taken a 180 overnight. A long procession of bears---marching three-abreast with arms locked—can now be seen winding through downtown Manhattan. Their sense of triumph is palpable.
Meanwhile the last wounded bull—still writhing at curbside-- is being carted off to slaughter.
MORTGAGE BLUES
No one has summed up the disaster in the mortgage lending business better than Paul Muolo of “Broker Universe”:
“I'll put it bluntly: if you operate a non-depository mortgage firm and don't have a deep-pocketed parent or hedge fund as a sugar daddy you're likely to be out of business by year-end, probably sooner. In the 20-plus years that I've been covering residential finance I haven't seen a financial meltdown this swift since the S&L crisis of the mid-to-late 1980s. One subprime executive who closed his shop a few months ago told me, ‘This is a liquidity crunch the likes I have never seen.’ Meanwhile, the mudslide is rolling downhill from Wall Street to mortgage bankers, to loan brokers, and then the consumer.”
“The mudslide from Wall Street”. That says it all.
In a matter of days, the credit markets have frozen making it impossible to secure financing on anything from a leveraged buyout (LBO) of a major corporation a meager home loan. The cheap money and easy credit have vanished into the summer-ether leaving the investment banks holding $300 of billion toxic debt they have no way of off-loading.
It’s a real mess and there are no simple solutions. Lenders are standing on the sidelines waiting for the next shoe to drop or the next body to float to the surface. Deals are going undone; business is grinding to a halt.
What were the geniuses at the Federal Reserve thinking when they dropped rates to 1% and pumped out trillions of dollars that made their way into “no document” liar’s loans to applicants with bad credit? Didn’t they know there’d be a day of reckoning when the housing and credit bubbles would smash into each other taking down much of the US economy with them?
Was it an honest miscalculation or a sinister plot? Or, maybe, it was just stupidity?
Who knows; who cares. Whatever it was; the aftershocks are bound to be felt for a very long time. Decades maybe.
WARNINGS FROM CHINA
The Chinese have added to the subprime woes by threatening to dump their reserves of US dollars and US Treasuries if congress passes protectionist legislation. According to MarketWatch:
“A report in the U.K.'s Daily Telegraph that China, the second-largest foreign holder of U.S. government debt with $407 billion, is prepared to sell its holdings in the event of U.S.-imposed trade sanctions. Japan owns $615 billion of Treasuries.”
That ought to stop congress in a hurry. China has $1.3 trillion of US paper they can toss into the jet-stream and crash the greenback whenever they choose. That’s why they’ve stockpiled dollar-backed assets for the last decade---not because they like us. They don’t. They intend to use their massive FOREX reserves like a cattle-prod to keep us in line. That’s how bankers always do it. And China is now America’s banker. That’s why it pays to run the country the old fashioned way; by strengthening the manufacturing sector, increasing exports and building up national savings. Debt is just the fast-track to slavery.
China is now calling the shots. If they even get a whiff of US-imposed tariffs, they’ll bring the US economy to its knees. And there’s nothing congress can do about it either. They’d be better off just pulling up a lawn-chair and watching as US jobs and wealth go chugging off to the Far East.
But China is probably the least of our worries. The looming credit crunch is a much bigger immediate concern. The Wall Street Journal provided a glimpse of sudden breakdown in lending in an article earlier this week: (“Credit Chill Freezes Leveraged Deals” WSJ Aug 3)
“The big chill gripping global credit markets has caused 46 leveraged financing deals around the world to be pulled since June 22, representing more than $60 billion in funding that companies had planned for mergers and acquisitions.
The number of deals pulled last year: zero”.
Another article put it like this:
“The investment grade corporate bond market HAS GROUND TO A HALT, making it difficult for companies to access capital and hard for investors to find a place to put their money to work. ….The problems in the primary market could, if they persist, throw a wrench in the workings of corporate America, making it tougher for companies to finance, among other things, investments, buyouts and equity buybacks….For July, corporate bond issuance was down 77% from June.” (“Corporate Bond Market has come to a Standstill”, Wall Street Journal)
Still, President Dumbo assures us that, “There’s enough liquidity in the system to allow markets to correct” and that “the U.S. economy remains the envy of the world.”
Err, correction; “Was the envy of the world.”
The easy money is drying up, the big mergers are slowing down and the hand-wringing in the front office has just begun. Next question: How low can the stock market go?
At present valuations; stocks are vastly overpriced reflecting the inflationary pressures from our recycled $800 billion current account deficit and the loony expansion of the money supply at the Federal Reserve.(now running at a whopping 13%) Presently, the stock market is hanging on by its fingernails. One little gust of wind—like a few more collapsing hedge funds ---and the market will go somersaulting through deep-space.
The ISI Group’s Andy Laperriere put it like this: “It’s worse than the most pessimistic assumptions”. In these kinds of financial corrections, it pays to expect more surprises.” (WSJ Aug 6, 2007)
Still, even though the subprime contagion has spread to all loan-categories, the glut of homes continues to increase, and the mortgage industry is flat-lining on the emergency room floor; there is room for optimism. Consider the comforting comments of Secretary of Treasury Henry Paulson:
"I don't think it (the subprime mess) poses any threat to the overall economy…..In an economy as diverse and healthy as this, losses may occur in a number of institutions, but that overall this is contained and we have a healthy economy."
“Contained”?!? This is “contained”?
Newsweek’s Daniel Gross had this reaction to Paulson’s remarks:
“If the containment policy of the Cold War worked as well as this subprime-mess containment policy, we'd all be speaking Russian and living on collective farms”.
Gross is right--- we’ve only begun to see the spillover from the housing fiasco. There’s plenty more carnage in the pipeline. Paulson needs to stop “blowing smoke” and tell the truth.
“A SELF-REINFORCING NEGATIVE CYCLE”
Economy.com's head honcho, Mark Zandi, gave the best overview of what lies ahead in the near term as credit becomes scarcer:
"There is a substantial risk that the mortgage market will devolve into a self-reinforcing negative cycle. Mounting credit problems could beget more restrictive underwriting standards, which would weigh heavily on the fragile housing market as potential borrowers become unable to obtain credit, and existing borrowers facing large payment resets are unable to refinance. Foreclosures would mount, leading to weaker house prices, falling homeowners' equity and even more substantial credit problems. The cycle repeats with more intensity and the mortgage market corrections unravel into a crash."
The “Great Unwinding” appears to be taking place already and can be expected to accelerate as inflationary pressures increase and the price of oil---which has gained 20% in the last 3 months---continues its upward trek. There are other concerns, too, besides the slump in housing sales and falling stock market. The downstream effects of tight credit will hurt retail sales and employment. We can anticipate a decline in both areas in the next two quarters. Auto makers have already reported the weakest sales in 9 years. There’s also been a steady erosion of investor confidence and a plunge in consumer spending from 3.7% to 1.3%. Credit card debt continues to soar, but that’s only because the poor American consumer is strapped and has no where else to turn. He has no savings and his wages have stagnated. What choice does he have except to use the plastic?
Some market analysts believe that the credit storm will pass without inflicting too much damage. Don’t bet on it. The big picture is pretty grim. Trading in mortgage-backed securities (MBSs) has slowed to a trickle while the appetite for corporate bonds has nearly disappeared. No one really knows how many trillions of dollars will be lost in funky mortgage-related CDOs. But one thing is certain; the blow-ups in the hedge fund industry will continue through the autumn and early winter. These are End Times for the fund managers; they’d better make their ablutions and kiss their kids goodbye.
Still, the sudden reversal in the credit markets is not without its lighter side. Jim Kunstler provided this witty summary of frantic traders trying to sort through the current mess while still enjoying the waning of summer:
“One can only imagine the number of cell phone minutes racked up this weekend out in the Hamptons by players trying desperately to finagle their way out of the brutal fact that their firms and funds suddenly lay exposed to the cruel ravages of reality. A lot of catered crab tidbits and mini-quiches must have gone uneaten out along the dunes as weeping men in blazers realized that "marked to market" had come to mean the same thing as "holding a bundle of shit."
“Weeping men in blazers.” Priceless. Later in the post, Kunstler offers this synopsis of the subprime, CDO, “Ponzi-loan racket” which is swirling through the financial markets like a tornado:
“The whole racket this time was designed to dissociate the loan contracts as far as possible from their company of origin, and then to slice and dice the liabilities of ownership so finely that all the lawyers theoretically ever producible in the life of this universe, or several like it, may never succeed in patching together a coherent skein of ultimate responsibility. In the meantime, a remorseless chain of mere procedure in the form of default and foreclosure notices issued by computers will be sent through the mail, and sheriff's deputies will fan out through the subdivisions with their rolls of yellow tape, tossing residents out on the street (if they haven't already mailed in their keys to some company that fired all its employees and shuttered its offices back in June).” (Clusterfuck Nation by Jim Kunstler)
As the banks tighten up their lending standards; the number of business deals will drop accordingly and the economy will slow to a crawl. This process is already underway. A few “Up Days” in the stock market mean nothing. This is a Force-5 hurricane headed for a trailer park. Nothing will slow it down. The problems are too deeply rooted---the infection too far along. The huge, overleveraged bets will progressively unravel and the economy will go into freefall. It’s always painful when fundamentals re-emerge and economic gravity takes hold.
When credit markets freeze, consumers become wary of spending too much, and the economy stalls. This is how deflationary cycles begin. The Daily Reckoning’s Bill Bonner puts it like this:
“The Fed is still talking about the risk of inflation...while the risk of deflation rises daily. Deflation happens when liquidity dries up. Suddenly, money disappears. Lenders don’t lend. Spenders don’t spend. The velocity of money declines as everyone holds on to what he’s got...fearful of losing it.
When this happens even the feds can’t do much about it. They have their printing presses...but they have no good way of getting the money into the hands of people who will move it around. The usual way is through the credit markets. The Federal Reserve pushes down short-term interest rates, for example, enabling lenders to offer money at lower rates.
But when a deflationary mentality takes hold of people, the last thing they want to do is to borrow money. They’re afraid that they might not be able to pay it back. Besides, in deflation, consumer prices fall….As prices fall, consumers become even more reluctant to spend. They begin to see that they’ll get a better deal if they wait.” (Bill Bonner, “The Daily Reckoning”)
“Spenders don’t spend. Lenders don’t lend”. That says it all. People get scared and liquidity gets choked off at the source. This is the “reinforcing negative cycle” which ends in Depression. The only way it can be avoided is by central banks quickly taking action and priming the economic pump with cheap credit that stimulates economic activity. But the Fed doesn’t want to lower rates because foreign investment will flee the country and put the greenback in a fatal swoon.
According to reports on the internet, the Bank of Canada has assured “financial market participants and the public that it will provide liquidity to support the stability of the Canadian financial system and the continued functioning of financial markets.” (see entire entry at: http://elainemeinelsupkis.typepad.com/money_matters/ )
This sounds serious.
And a similar report on Bloomberg:
“The European Central Bank, in an UNPRECEDENTED RESPONSE to a sudden demand for cash from banks roiled by the subprime mortgage collapse in the U.S., loaned 94.8 billion euros ($130 billion) to assuage a credit crunch….THE ECB SAID IT WOULD PROVIDE UNLIMITED CASH as the fastest increase in overnight Libor since June 2004 signaled banks are reducing the supply of money just as investors retreat because of losses from the U.S. real-estate slump”. (“ECB Offers Unlimited Cash as Bank Lending Costs Soar”; Bloomberg News Aug 9,
http://www.bloomberg.com/apps/news?pid=20601087&sid=apKhWv7EHTR0&refer=home )
Hmmmmm. Has the light started blinking RED yet?
CREDIT CRUNCH: Out of the pan, into the fire
The impending credit crisis can’t be avoided, but it could be mitigated by taking radical steps to soften the blow. Emergency changes to the federal tax code could put more money in the hands of maxed-out consumers and keep the economy sputtering along while efforts are made to curtail the ruinous trade deficit. We should eliminate the Social Security tax for any couple making under $60, 000 per year and restore the 1953 tax-brackets for America’s highest earners so that the upper 1%-- who have benefited the most from the years of prosperity---will be required to pay 93% of all earnings above the first $1 million income. At the same time, corporate profits should be taxed at a flat 35%, while capital gains should be locked in at 35%. No loopholes. No exceptions.
Congress should initiate a program of incentives for reopening American factories and provide generous subsidies to rebuild US manufacturing. The emphasis should be on reestablishing a competitive market for US exports while developing the new technologies which will address the imminent problems of environmental degradation, global warming, peak oil, overpopulation, resource scarcity, disease and food production. Off-shoring of American jobs should be penalized by tariffs levied against the offending industries.
The oil and natural gas industries should be nationalized with the profits earmarked for vocational training, free college tuition, universal health care and improvements to then nation’s infrastructure.
Unfortunately, these issues cannot be resolved within the framework of the current political model---the system has been thoroughly corrupted by private interest and corporate money. The feudal system of predatory capitalism is incompatible with democratic values, civil liberties, and basic human needs. Ending the two party Duopoly would be a good place to start---along with public funding of political campaigns. Then we can begin the serious work creating a world where environmental protection, human rights, and economic justice have a chance to flourish.
CREDIT MELTDOWN: Another Katrina?
Neither Bush nor his colleagues at the Federal Reserve will use the present crisis to bring about the sweeping changes that would strengthen the middle class, build confidence in the financial system, or eliminate inequities in the present distribution of wealth. Instead, they will choose the path of least resistance, that is, Bernanke will eventually lower interest rates and set-off a hyperinflationary cycle that will destroy the currency, strip workers and pensioners of their savings and retirements, and plunge the country into third-world poverty.
Inflation is the purest form of class warfare. That’s why we can say---with some degree of certainty---that it will be George Bush’s first choice.
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http://www.zeitgeistmovie.com/
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9/11 Was An Inside Job!
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