Thursday, September 29, 2011


  • Armstrong Economics: Three Stooges Law of Diminishing Government Competence (Martin Armstrong, 09/26/11)

  • Armstrong Economics: The Unattainable Illusion Never Changed (Martin Armstrong, 09/25/11)
  • In the Belly of the Beast

    now that capitalist ‘democracy’ is revealed as a total sham, controlled by a political class, united only in self-interest, regardless of the ‘party’ in power, surely it’s time to rethink how we can bring about an end to this chaotic madness.

    A World of Lawlessness and Chaos

    As The Drone Flies
    By Ralph Nader

    The fast developing predator drone technology, officially called unmanned aerial vehicles or UAVs, is becoming so dominant and so beyond any restraining framework of law or ethics, that its use by the U.S. government around the world may invite a horrific blowback.

    Army Tracking Plan: Drones That Never Forget a Face

    Tuesday, September 27, 2011

    PAUL CRAIG ROBERTS: The Latest Orchestrated Threat and The End of History

    Some knowledgeable analysts’ about whom you will never hear in the “mainstream media,” say that the US military/security complex and their neoconservative whores are orchestrating World War III before Russia and China can get prepared. As a result of the communist oppression, a signifiant percentage of the Russian population is in the American orbit. These Russians trust Washington more than they trust Putin. The Chinese are too occupied dealing with the perils of rapid economic growth to prepare for war and are far behind the threat

    After the Fall: How Far Can Gold and Silver Climb?


    Busted Europe, Busted Dream




    Monday, September 26, 2011

    U.S. warned of threat worse than Katrina, plague, WWII

    Millions could die: 'This is clearly not something you ever want to experience'

     ...It would cost about $100 million to protect much of the grid, but if the grid went down, it would cost us between $1 trillion and $2 trillion in damages, and the loss of life could be horrendous if in fact you were without electricity for months at a time."

    Sunday, September 25, 2011

    Hay The Latest Target For Thieves As Prices Skyrocket






    Wednesday, September 21, 2011

    Troy Davis and the American Way

    No poor black man in this country can take the life of a white individual, even if in self-defence, and expect to live free. But we have progressed further. A poor black man who comes under suspicion of having killed a white man can expect the great ponderous machinery of the law to begin rolling inexorably against him until his life or his spirit or both have been crushed under its weight. Troy Davis is only one black man who is finding this out the hard way. There have been many before him; no doubt there will be many after.

    It is necessary that a few black men die every so often for our pleasure, so that we can continue to beat our collective ego-chests and congratulate ourselves on justice being done, even as we perpetuate our long tradition of paradoxes that seem to define us as a people: the “greatest” country in the world is nothing but its greatest terror and bully; freedom is predicated (literally) on the legacy of slavery and domination, what we view as justice is too often its horrific miscarriage.

    The Rev. Jeremiah Wright Recalls Obama’s Fall From Grace

    Barack Obama’s politically expedient decision to betray and abandon his pastor, the Rev. Jeremiah Wright, exposed his cowardice and moral bankruptcy. In that moment, playing the part of Judas, he surrendered the last shreds of his integrity.

    The health of a nation is measured by how it treats its prophets. When these prophets are ignored and reviled, when they become figures of ridicule, when they are labeled by the chattering classes and power elite as fools, then there is no check left on moral decay and the degeneration of the state.

    Sunday, September 18, 2011

    Europe Stunned After Being Told “Obama Is Not In Charge”


    To the damage wrought upon the American economy by Geithner and his “allies” is called nothing short of “catastrophic” as tens of millions have been thrown out of their homes, tens of millions more are jobless, and the poverty level has reached heights not seen since the days of Great Depression during the 1930’s.

    To any relief being seen coming for the American people before their nation is totally destroyed by these monsters it appears unlikely as the veil of oppression keeping them check shows no signs of loosening, and as we had previously described in our 2 June report, Russia Warns American Police State Now Rivals That Of Nazi SS.

    To how soon these types of protests riots, if not outright revolution, will spread across America it is not in our knowing, other than to note that never in the history of the world have people that have been so destroyed by their “leaders” not fought back.

    Saturday, September 17, 2011

    Unelected, Unaccountable, Unrepentant: The Federal Reserve Is Using Your Money To Bail Out European Commercial Banks Once Again


    For a moment, imagine that there is a privately-owned organization in the United States that can create U.S. dollars out of thin air whenever it wants and can loan that money to whoever it wants to. Imagine that this organization is able to act with the full power of the U.S. government behind it, but that nobody in the organization is ever elected by the American people, and that for all practical purposes the organization is not accountable to the president or to Congress. Imagine that the organization is able to make trillions of dollars of secret loans to banks, to foreign governments and even to their close friends without ever having to face a comprehensive audit.

    Friday, September 16, 2011

    Americans Need The Truth About 9/11


    Washington has fallen into Osama bin Laden’s last and deepest trap. First, two wars that have so far cost up to $4 trillion and thousands of US military casualties. Next, the undermining of the US economy by reckless deficit spending on the military and intelligence. Under Bush, and now Obama, the runaway deficit has reached an astounding $1.4 trillion.

    Finally, the so-called “war on terror,” that has earned America the searing hatred of much of the Muslim world.

    Massive US Troop Buildup On Mexican Border Fuels Invasion Fears

    based on the information contained in General Alexey Maslov’s recent report on the United States planned 27 September DEFCON 1 “Cocked Pistol” maximum readiness alert drill (which we reported on in our 14 September report Obama Ordered To Denver Bunker By US Military) that it is “well within the possibilities” that the US is planning an Operation Northwoods “false flag” type attack upon America that will cost hundreds, if not thousands, of US civilian casualties prompting a public outcry for the immediate invasion of Mexico.

    As is always the case in these types of events, the American people will be the last to know the truth of what is occurring, and as the attacks of 11 September 2001 proved, will rally behind their military-political-corporate-bankster masters and fall “hook, line and sinker” for the lies being told to them failing to even notice, that just like Afghanistan, the Pentagon and CIA, and again as always, are funding both sides of the war.






    Thursday, September 15, 2011


    Borowitz Report Email
    Borowitz Report
    September 14, 2011

    A Letter from Rick Perry

    Introducing PerryCare™

    Dear American,

    For the last few weeks I’ve been under constant attack. My opponents would have you believe that if I’m elected, you’ll be stripped of your Social Security benefits and will be scrounging for food in dumpsters with all the desperation of a feral cat.

    Of course, that’s true. But what they don’t tell you is what I’d replace Social Security with: an amazing new program I like to call PerryCare™.

    Under PerryCare™, you’ll receive all the food, clothing and shelter you need, and it won’t cost a dime in taxes. How if that possible? Simple: you’ll be praying for all those things.

    As a PerryCare™ recipient, each week you’ll receive in your email box a PerryCare™ PrayerMail™, giving you an easy-to-recite prayer for the bread, milk, cat food or whatever else you need to survive. It’s like a Groupon from God.

    PerryCare™ is more than a replacement for that infernal Ponzi scheme that has bamboozled Americans with regular monthly checks for 75 years. It is part of my larger plan to return prayer to its rightful place in American life. I get down on my knees every night and I promise you, if I am elected your President, I will bring this entire country to its knees.

    I expect that some of my opponents will laugh at my plan, especially that lawn gnome Ron Paul and Michele “Crazy Eyes” Bachmann. Fine, let them laugh! Laughter is the best medicine. And if I am elected, there will be no other medicine.

    That brings me to my PerryCare™ medical plan, which will replace Medicare once I consign that Ponzi scheme to the electric chair of history. I don’t have enough time to go into the whole plan right now, but here it is in two words: single prayer.

    Your next President,

    Gov. Rick Perry

    Tuesday, September 13, 2011

    Let’s Forget 9/11
    Tom Engelhardt
    If we have any respect for history or humanity, we should remove 9/11 from our collective consciousness.

    Let’s bag it.

    I’m talking about the tenth anniversary ceremonies for 9/11, and everything that goes with them: the solemn reading of the names of the dead, the tolling of bells, the honouring of first responders, the gathering of presidents, the dedication of the new memorial, the moments of silence. The works.

    Let’s just can it all. Shut down Ground Zero. Lock out the tourists. Close “Reflecting Absence”, the memorial built in the “footprints” of the former towers with its grove of trees, giant pools, and multiple waterfalls... Discontinue work on the underground National September 11 Museum due to open in 2012. Tear down the Freedom Tower (redubbed 1 World Trade Center after our “freedom” wars went awry), 102 stories of “the most expensive skyscraper ever constructed in the United States”. (Estimated price tag: $3.3bn.) Eliminate that still-being-constructed, hubris-filled 1,776 feet of building, planned in the heyday of George W. Bush and soaring into the Manhattan sky like a nyaah-nyaah invitation to future terrorists. Dismantle the other three office towers being built there as part of an $11bn government-sponsored construction programme. Let’s get rid of it all. If we had wanted a memorial to 9/11, it would have been more appropriate to leave one of the giant shards of broken tower there untouched.

    Ask yourself this: ten years into the post-9/11 era, haven’t we had enough of ourselves? If we have any respect for history or humanity or decency left, isn’t it time to rip the Band-Aid off the wound, to remove 9/11 from our collective consciousness? No more invocations of those attacks to explain otherwise inexplicable wars in Iraq and Afghanistan and our oh-so-global war on terror. No more invocations of 9/11 to keep the Pentagon and the national security state flooded with money. No more invocations of 9/11 to justify every encroachment on liberty, every new step in the surveillance of Americans, every advance in pat-downs and wand-downs and strip downs that keeps fear high and the homeland security state afloat.

    The attacks of September 11, 2001 were in every sense abusive, horrific acts. And the saddest thing is that the victims of those suicidal monstrosities have been misused here ever since under the guise of pious remembrance. This country has become dependent on the dead of 9/11 — who have no way of defending themselves against how they have been used — as an all-purpose explanation for our own goodness and the horrors we’ve visited on others, for the many towers-worth of dead in Iraq, Afghanistan, and elsewhere whose blood is on our hands.

    Isn’t it finally time to go cold turkey? To let go of the dead? Why keep repeating our 9/11 mantra as if it were some kind of old-time religion, when we’ve proven that we, as a nation, can’t handle it — and worse yet, that we don’t deserve it?

    We would have been better off consigning our memories of 9/11 to oblivion, forgetting it all if only we could. We can’t, of course. But we could stop the anniversary remembrances. We could stop invoking 9/11 in every imaginable way so many years later. We could stop using it to make ourselves feel like a far better country than we are. We could, in short, leave the dead in peace and take a good, hard look at ourselves, the living, in the nearest mirror.
    Ceremonies of hubris
    Within 24 hours of the attacks of September 11, 2001, the first newspaper had already labeled the site in New York as “Ground Zero”. If anyone needed a sign that we were about to run off the rails, as a misassessment of what had actually occurred that should have been enough. Previously, the phrase “ground zero” had only one meaning: It was the spot where a nuclear explosion had occurred.

    The facts of 9/11 are, in this sense, simple enough. It was not a nuclear attack. It was not apocalyptic. The cloud of smoke where the towers stood was no mushroom cloud. It was not potentially civilisation-ending. It did not endanger the existence of our country — or even of New York City. Spectacular as it looked and staggering as the casualty figures were, the operation was hardly more technologically advanced than the failed attack on a single tower of the World Trade Center in 1993 by Islamists using a rented Ryder truck packed with explosives.

    A second irreality went with the first. Almost immediately, key Republicans like Senator John McCain, followed by George W. Bush, top figures in his administration, and soon after, in a drumbeat of agreement, the mainstream media declared that we were ”at war”. This was, Bush would say only three days after the attacks, “the first war of the twenty-first century”.

    Only problem: It wasn’t. Despite the screaming headlines, Ground Zero wasn’t Pearl Harbor. Al-Qaeda wasn’t Japan, nor was it Nazi Germany. It wasn’t the Soviet Union. It had no army, nor finances to speak of, and possessed no state (though it had the minimalist protection of a hapless government in Afghanistan, one of the most backward, poverty-stricken lands on the planet).

    And yet — another sign of where we were heading — anyone who suggested that this wasn’t war, that it was a criminal act and some sort of international police action was in order, was simply laughed (or derided or insulted) out of the American room. And so the empire prepared to strike back (just as Osama bin Laden hoped it would) in an apocalyptic, planet-wide “war” for domination that masqueraded as a war for survival.
    In the meantime, the populace was mustered through repetitive, nationwide 9/11 rites emphasising that we Americans were the greatest victims, greatest survivors, and greatest dominators on planet Earth. It was in this cause that the dead of 9/11 were turned into potent recruiting agents for a revitalised American way of war.

    From all this, in the brief mission-accomplished months after Kabul and then Baghdad fell, American hubris seemed to know no bounds — and it was this moment, not 9/11 itself, from which the true inspiration for the gargantuan “Freedom Tower” and the then-billion-dollar project for a memorial on the site of the New York attacks would materialise. It was this sense of hubris that those gargantuan projects were intended to memorialise.

    On the tenth anniversary of 9/11, for an imperial power that is distinctly tattered, visibly in decline, teetering at the edge of financial disaster, and battered by never-ending wars, political paralysis, terrible economic times, disintegrating infrastructure, and weird weather, all of this should be simple and obvious. That it’s not tells us much about the kind of shock therapy we still need.

    Burying the worst urges in American life

    It’s commonplace, even today, to speak of Ground Zero as “hallowed ground”. How untrue. Ten years later, it is defiled ground and it is we who have defiled it. It could have been different. The 9/11 attacks could have been like the Blitz in London in World War II. Something to remember forever with grim pride, stiff upper lip and all.

    And if it were only the reactions of those in New York City that we had to remember, both the dead and the living, the first responders and the last responders, the people who created impromptu memorials to the dead and message centres for the missing in Manhattan, we might recall 9/11 with similar pride. Generally speaking, New Yorkers were respectful, heartfelt, thoughtful, and not vengeful. They didn’t have prior plans that, on September 12, 2001, they were ready to rally those nearly 3,000 dead to support. They weren’t prepared at the moment of the catastrophe to — as Secretary of Defense Donald Rumsfeld so classically said — “Go massive. Sweep it all up. Things related and not.”
    Unfortunately, they were not the measure of the moment. As a result, the uses of 9/11 in the decade since have added up to a profile in cowardice, not courage, and if we let it be used that way in the next decade, we will go down in history as a nation of cowards.

    There is little on this planet of the living more important, or more human, than the burial and remembrance of the dead. Even Neanderthals buried their dead, possibly with flowers, and tens of thousands of years ago, the earliest humans, the Cro-Magnon, were already burying their dead elaborately, in one case in clothing onto which more than 3,000 ivory beads had been sewn, perhaps as objects of reverence and even remembrance. Much of what we know of human prehistory and the earliest eras of our history comes from graves and tombs where the dead were provided for.

    And surely it’s our duty in this world of loss to remember the dead, those close to us and those more removed who mattered in our national or even planetary lives. Many of those who loved and were close to the victims of 9/11 are undoubtedly attached to the yearly ceremonies that surround their deceased wives, husbands, lovers, children, mothers, fathers, brothers, sisters. For the nightmare of 9/11, they deserve a memorial. But we don’t.

    If September 11 was indeed a nightmare, 9/11 as a memorial and Ground Zero as a “consecrated” place has turned out to be a blank check for the American war state, funding an endless trip to hell. They have helped lead us into fields of carnage that put the dead of 9/11 to shame.

    Every dead person will, of course, be forgotten sooner or later, no matter how tightly we clasp their memories or what memorials we build. In my mind, I have a private memorial to my own dead parents. Whenever I leaf through my mother’s childhood photo album and recognise just about no one but her among all the faces, however, I’m also aware that there is no one left on this planet to ask about any of them. And when I die, my little memorial to them will go with me.
    This will be the fate, sooner or later, of everyone who on September 11, 2001, was murdered in those buildings in New York, in that field in Pennsylvania, and in the Pentagon, as well as those who sacrificed their lives in rescue attempts, or may now be dying as a result. Under such circumstances, who would not want to remember them all in a special way?

    It’s a terrible thing to ask those still missing the dead of 9/11 to forgo the public spectacle that accompanies their memory, but worse is what we have: repeated solemn ceremonies to the ongoing health of the American war state and the wildest dreams of Osama bin Laden.

    Memory is usually so important, but in this case we would have been better off with oblivion. It’s time to truly inter not the dead, but the worst urges in American life since 9/11 and the ceremonies which, for a decade, have gone with them. Better to bury all of that at sea with bin Laden and then mourn the dead, each in our own way, in silence and, above all, in peace.


    Tom Engelhardt,
    for The Daily Reckoning
    At the Expense of Liberty
    Examining the Disturbing Side-Effects of America’s “War on Terror”
    Joel Bowman
    Joel Bowman
    Reporting from Iguazu, Argentina...

    We dipped our toes over the weekend, Fellow Reckoner. Re-tested the waters. We wanted to know whether, over the past ten years, the public discourse regarding 9/11 and the subsequent “War on Terror” — waged both on foreign soil and, increasingly, against the liberties of American citizens at home — had shifted. A few questions...

    Are people still waving flags and crying “traitor!” toward anyone with the inclination to question directives from the state’s military machine? Or has the mood become more reflective, more contemplative...more conducive to free and open discussion? After a decade at war, fighting on multiple fronts at a cost of trillions of dollars and hundreds of thousands of lives, has “war fatigue” finally set in?

    “I originally was supportive of George Bush’s call for a war against Saddam Hussein,” responded one reader. “Since then I have come to be a huge believer in Ron Paul and have become disillusioned with our ‘war’ mentality. Thank you for your open dialogue.”

    Wrote another, “...[I]t appears that I would be in agreement with the DR writers at this point, even though that would not have been the case 7-10 years ago. I was hoping for ‘getting the job done, and get it over with,’ but that hasn’t happened. Enough is enough now. But what should I have expected from a government that still has in place wool subsidies from WWII and a telephone tax from the Spanish-American war? We have now progressed far beyond ongoing taxes and ongoing subsidies to just plain ongoing wars.”

    Setting aside the financial costs of “ongoing wars” abroad, there is also the cost in terms of personal liberty to be considered. Our mates over at The 5-Minute Forecast provided the following, disturbing observation last week...

    The Patriot Act authorized ‘sneak and peek’ search warrants — where you, the suspect, don’t have to be notified of the search until after the fact. If you’re a patriot and thought those powers would be used to fight terrorism, well you would be wrong.

    Delayed-Notice Search Warrents Issued Under the Expanded Powers of the Patriot Act, 2006-2009

    Meanwhile, the National Security Agency (NSA) has opened a massive $2 billion, 1 million-square-foot complex in the Utah desert...devoted to storing and sorting through emails, web searches and business transactions. Perhaps yours.

    A similar complex is being built near San Antonio. By 2015, according to journalist James Bamford, the NSA will store data equivalent to 1 septillion printed pages. That’s a 1 followed by 24 zeroes.

    “Somewhere between Sept. 11 and today,” wrote Bamford last week, “the enemy morphed from a handful of terrorists to the American population at large, leaving us nowhere to run and no place to hide...”

    At the NSA, thousands of analysts who once eavesdropped on troop movements of enemy soldiers in distant countries were now listening in on the bedroom conversations of innocent Americans in nearby states...

    A surveillance system capable of monitoring 10 million people simultaneously this year will be able to monitor 100 million the next year — at probably half the cost. And every time new communications technology appears on the market, rest assured that someone at the NSA has already found a way to monitor it. It’s what the NSA does.

     Is this how the victims of 9/11 are to be “honored”? Are the dead to be used as tools to incite fear and paranoia forever? Will the tragedy of their deaths be always used as an excuse to usher in an Orwellian age of snitching, snooping and ’round-the-clock surveillance? When, we wonder, will they finally be allowed to Rest In Peace?

    Here’s Bill Bonner, reckoning on the subject...

    So much 9/11 remembering! On the TV. In the newspapers. Even our good pastor, saying a few words of welcome at our mother’s 90th birthday party brought it up.

    We pray for Mrs. Bonner. We give thanks for her 90 years...We hope for many more. And we pray for the victims of 9/11...and for the first responders...let us remember them...
    But, frankly, we’d rather forget...

    9/11 did no serious damage to the nation. As a whole, Americans were not made significantly poorer or significantly less safe. Yes, good people died on 9/11. But there have been a lot of good people murdered over the last 10 years. Every victim had his virtues. And every murderer had his reasons.

    What did lasting damage to the nation was not 9/11, it was remembering 9/11. Not only did overreaction to 9/11 play a substantial role in bankrupting the also made Americans fearful and sheepish. They’re convinced the towel-heads are trying to kill them. They believe they can protect themselves by spending trillions of dollars they don’t have on military campaigns that don’t work.
     Ten years ago, only a few fanatics wanted to do Americans harm. Now, after throwing so much military weight around, half the world would happily pull the trigger on an American tourist if he had the chance.


    Borowitz Report
    September 13, 2011

    In Compromise, Republicans Allow Obama to Create One Part-Time Job

    Step in Right Direction, President Says

    WASHINGTON (The Borowitz Report) – In what the White House hailed as “an example of what can be accomplished when we put aside partisan differences,” congressional Republicans today responded to President Obama’s $447 billion American Jobs Act by allowing the President to create one part-time job.

    While details of what the job would entail remain to be determined, it was expected to be in the lawn work or handing-out-flyers industry.

    At the White House, the President acknowledged that creating one part-time job fell somewhat short of the millions of full-time jobs envisioned in his proposed legislation, but added, “This is clearly a step in the right direction.”

    In order to secure funding for the part-time job, Mr. Obama had to cave to a series of Republican demands, including tax breaks for second homes and third wives.

    But even as the President and congressional Republicans announced their agreement on the part-time job plan, the proposal came under attack from GOP presidential front-runner Rick Perry, who blasted the plan for creating yet another worker who would someday be eligible for Social Security.

    “If we don’t cut Social Security now, we won’t have enough money to execute our children’s children,” Gov. Perry said.

    Monday, September 12, 2011




    Germany and Greece flirt with mutual assured destruction

    "the global economy is already flirting with double-dip recession, bank shares are crashing, and global credit strains are testing Lehman levels. The recklessness is breath-taking."

    A Decade Later

    It is critical to remember that terrorism is not designed to overwhelm. It is designed to undermine. In that context, whatever it does to cause or initiate anxiety in targeted populations and governments, it relies on the reaction of those populations and governments equally as much to achieve its final goals. And America has reacted in ways that have haunted us and will continue to haunt us for decades. Al-Qaida could not have wished for more.

    Wednesday, September 7, 2011


    Borowitz Report
    September 7, 2011

    Obama: ‘Best Debate Ever’

    ‘First Good News I’ve Had Since I Nailed bin Laden,’ President Says

    WASHINGTON (The Borowitz Report) – A jubilant President Barack Obama said that tonight’s Republican forum was “the best debate ever,” calling it “the first good news I’ve had since I nailed bin Laden.”

    Mr. Obama watched the debate surrounded by advisors in the White House Situation Room, where the mood was said to be tense “up until the first time Rick Perry opened his mouth.”

    “I’m not a big TV watcher,” Mr. Obama said, “but that debate had to be the most entertaining two hours I’ve ever had the privilege of seeing.”

    Mr. Obama confirmed that he had DVRd the debate for future screenings at the White House, which tonight was the site of a spectacular fireworks display in the moments after the debate’s conclusion.

    Among the debate’s highlights, the Republican candidates took pains to enumerate their plentiful broods of children, which added up to a number slightly greater than the population of China.

    For his part, Gov. Perry of Texas made the biggest impression by questioning the existence of Social Security, climate change, earth, wind and fire.

    Also notable were his pro-execution comments, which tonight won him the coveted endorsement of the National Association of Electric Chair Manufacturers.

    "We don't have high unemployment in Texas," he noted with pride, "because if you don't have a job, we kill you."

    And in perhaps the most revealing moment of the debate, Rep. Michele Bachmann (R-Minn) explained why she does not believe in evolution: “It’s really let me down.”
    Borowitz Report
    September 7, 2011

    Perry Outlines Bold Proposal to Repeal Twentieth Century

    Cost-cutting Plan Involves Time-travel, God

    AUSTIN (The Borowitz Report) – In a sneak preview of Wednesday night’s Republican presidential debate, Gov. Rick Perry of Texas today unveiled an ambitious plan to cut trillions from the Federal budget by repealing the twentieth century.

    “Wasteful programs such as Medicare, Social Security, and school lunches for poor children all got their start in that infernal century,” the GOP frontrunner told an enthusiastic crowd of supporters in Austin. “So if you want to cut the budget, the only way to do that is for every man, woman and child in this country to travel back in time.”

    While acknowledging that his proposal was unorthodox, Gov. Perry said he was confident that time-travel was possible because “I saw Superman do it in a movie one time.”

    “And I’ve got someone even mightier than Superman to help me out with this,” he said. “Fella by the name of God.”

    Gov. Perry said that at an appointed time, he would ask every American to pray to God to send the country back to the nineteenth century: “Basically you just need to click your heels together and say ‘There’s no place like home.’”

    The presidential hopeful said he knew that critics would be skeptical of his plan, but added that he was “living proof” that it was possible to travel back in time: “For example, my haircut is from 1975.”

    Shortly after his speech, rival candidate Rep. Michele Bachmann (R-Minn) blasted Gov. Perry for borrowing from her own plan to take the country back to the Middle Ages.

    But in a positive piece of news for the Texas Governor, a new poll shows him leading the pack among voters who describe themselves as delusional.

    Tuesday, September 6, 2011

    PAUL CRAIG ROBERTS: Labor’s Demise As A Countervailing Power

    It is Labor Day weekend, 2011, but labor has nothing to celebrate. The jobs that once gave American workers a stake in capitalism have left and gone away. Corporations in pursuit of near-term profits have moved labor’s jobs to China, India, Indonesia, Taiwan, South Korea and Eastern Europe.
    Labor Day is an anachronism. It should be renamed Corporation Day or War Day to celebrate the success of Bush/Obama in eliminating labor unions as a countervailing power to corporate power and the elevation of War as the highest goal of the American state.

    Eurozone Deathwatch By Mike Whitney


    It's not China! It's globalization!

    You write, "No economic theory can explain this trend . . ." Of course there is and it's called Free Market Fundamentalism (a.k.a., Friedmanism). This always happens when we turn our economy over to a bunch of shortsighted morons obsessed with ever-increasing profits and no restrictions or oversight.

    During the 80s the Reagan idiots de-regulated the corporations and freed them up to take their capital (and their entire industries as well) overseas in search of cheaper labor and lax environmental regulations. It worked brilliantly; virtually the whole of the American manufacturing sector of the economy picked up and moved to Costa Rica, Honduras, Mexico, Indonesia and other parts of South East Asia. And kept moving, eventually ending up in China by the early 90s. Corporate profits soared, even as the majority of populations throughout the 3rd world were plunged into poverty.

    The huge hole left in the American economy was "filled" by the service industries and the financial "industry" (a more apt term would be "scammers'). Clinton and his gang of economic vampires rushed to de-regulate (and protect from scrutiny) those financial "masters of the universe" who quickly created the biggest Ponzi Scheme in history: Mortgaged-backed Securities (which in reality were nothing more than un-payable, bad loans who's intrinsic value was $0 to $negative).

    All the "smart guys" - the bankers and investment-firm managers - lapped this worthless shit up like it was mothers milk and they were starving infants. Why? Because there were no regulators looking over their shoulders to say, "no way, that's worthless garbage and you have no right to risk investors' money and the overall economy so recklessly" (actually there were still a few regulators around but they had long since been co-opted by the corporate and political classes into nothing more than fancy-titled lapdogs). Everybody at or near the top of the American economy were in on the game; the regulators, the government (Congress[both parties], the banks, corporate management, the media. All of them hyped the "new economy" and told the rest of us (the "lower" 98%) this was the greatest thing since sliced bread.

    And they fucked it up so badly they can't figure out how to fix it.

    In America they ran to a government more than eager to transfer taxpayers money into their bottomless pockets but they ran into a problem there too. After more than 30 years of cramming the free market garbage down our throats ("government bad, private enterprise good") and telling us of the evils of deficit spending, they had built-up quite a constituency for their crackpot ideas and created a political climate and (with all of that free-flowing corporate cash) a political class unable to do a goddamned thing about the problem.

    And now they're running scared and shitting their pants. I'm inclined to just say "fuck-em" but, unfortunately, it's the "other 98%," us, who's going to be left to pay the piper and carry the brunt of the hard times to come. So we're going to have to figure out how to once again elect governments who are willing to wrap their regulatory hands around all those corporate throats and squeeze the thieving bastards until they bleed. And then keep them under control from now on.

    How we're going to do that is . . . well, that's the question of the age, isn't it? I think a good start would be to take a close look at all candidates in the next primary round of elections and VOTE AGAINST THE MONEY! At least that's a start.

    P.S. China didn't create this shitty mess, they're merely the lucky beneficiaries of a problem created by the American-driven corporate globalization/free market/free trade scheme developed in the late 70s and nurtured through its infancy by a succession of American presidents and Congresses and media and supported by them right up to the present. In fact, you might say corporate America created China.

    Since When Is It a Crime to Be Poor?

    Working class people are no longer just being Nickel and Dimed, they're being prosecuted by lenders, banks, and city officials.

    Sunday, September 4, 2011

    Borowitz Report
    September 5, 2011

    Labor Day Ruined as America Fails to Find Working Man to Honor

    Nationwide Manhunt Called Off

    WASHINGTON (The Borowitz Report) – A dark pall was cast over Labor Day 2011 as efforts to find a working man to honor came up empty.

    A nationwide manhunt that began weeks ago in the hopes of locating a working man in time for Labor Day was called off early this morning, as frustrated officials acknowledged that their efforts to find such an employed person were fruitless.

    Hopes were raised late yesterday afternoon when Tracy Klugian, 27, of Evanston, Illinois came forward and said that he was gainfully employed at a frozen yogurt establishment and was thus deserving of Labor Day recognition.

    But after several hours of grilling from local law enforcement, “his story just didn’t check out,” said one official familiar with the case.

    “For one thing, he said he got his job in August, and as the recent job report shows, the number of people who did that was zero,” the official said. “Sadly, this is just a sick individual who wanted attention.”

    With all hopes of locating a working man dashed, officials said it might be time to change the official meaning of Labor Day to make it more in sync with the realities of contemporary American life.

    “Maybe instead of honoring the working man we could honor people who spend all day on Facebook,” one official said.

    Matt Taibbi: "Is the SEC Covering Up Wall Street Crimes?"

    North Dakota’s Economic “Miracle”—It’s Not Oil

    North Dakota has one thing that no other state has: its own state-owned bank.


    PAUL CRAIG ROBERTS: In America The Rule Of Law Is Vacated

    With bank fraudsters, torturers, and war criminals running free, the US Department of Justice (sic) has nothing better to do than to harass the famous Tennessee guitar manufacturer, Gibson, arrest organic food producers in California and send 12 abusive FBI agents armed with assault rifles to bust down yet another wrong door of yet another innocent family, leaving parents, children, and grandmother traumatized.

    The American Service-Members' Protection Act (ASPA

    The American Service-Members' Protection Act (ASPA) is a United States federal law introduced by US Senator Jesse Helms as an amendment to the National Defense Authorization Act and passed in August 2002 by Congress. The stated purpose of the amendment was "to protect United States military personnel and other elected and appointed officials of the United States government against criminal prosecution by an international criminal court to which the United States is not party".

    It authorizes the President to use “all means necessary and appropriate to bring about the release of any US or allied personnel being detained or imprisoned by, on behalf of, or at the request of the International Criminal Court”. This has led to the nickname The Hague Invasion Act,[1][2] since such freeing of US citizens by force might only be possible through an invasion of The Hague, Netherlands, the seat of several international criminal courts and the seat of the Dutch government.

    The Trial of John Yoo

    Dick Cheney, The Ultimate American Terrorist

    Dick Cheney has blood on his hands, but will remain free for the foreseeable future because the administration that replaced his lacks the honor, integrity and intestinal fortitude to address what he has done. Until such a reckoning is at hand, all I can do is remind Mr. Cheney, and anyone who will listen, of another fact of law that, God willing, will be brought to bear against him someday.

    There is no statute of limitations on murder, and murder is exactly what he did.

    Noam Chomsky : Hegemonic Powers Show Extreme Contempt For Democracy

    Saturday, September 3, 2011


    Connecting to Wi-Fi: Safe or Sorry?
    Wireless internet, casually known as Wi-Fi, can be a welcome convenience when you are on the go and need an internet connection fast. In fact, many cafés, airports, and parks offer Wi-Fi to which anyone in that area can connect without paying a fee. Some of these Wi-Fi networks are password protected, and some are not. In some cafés for example, you may have to ask an employee for the establishment’s Wi-Fi password in order to connect to it. In larger public places like airports or parks, you are more likely to be able to instantly connect.

    Most Wi-Fi networks are open and unsecured, so be sure that you are connecting to the right one. Hackers may name their networks something generic and seemingly straightforward like “Free Wi-Fi” to lure people onto them. From there, they could use programs like browser hacking software and mobile hacking software to see what users are doing on their computers. They could proceed to retrieve login information for websites their victims have visited, stealing usernames and passwords from social networks or even banking sites.

    Experts also agree that the most effective action you can take to secure yourself remotely or when on the go is to set up a virtual private network, or V.P.N. Virtual private networks encrypt your information, whether you are at home or at a Wi-Fi hotspot that your data is made unreadable.

    As an additional precaution, always make sure to install up-to-date security software on your computer(s). PC Tools Internet Security provides protection from hackers, cybercriminals, intruders and other unauthorized software or network attacks.

    Questions to Ask Yourself Before Using Free Wi-Fi
    Free Wi-Fi networks are everywhere—in cafés, libraries, maybe even at your neighbor’s place. Although most of us have at some point jumped onto one to send a quick email or check one little thing online, using these networks, particularly if they are unprotected, can be risky. We recommend that all wireless internet users educate themselves about the dangers of Wi-Fi hacking before connecting to a free Wi-Fi network. As a starting point, here are some questions to consider:

    • Am I using financial information (credit card numbers, banking passwords) during this browsing session?
    • Am I inputting social media usernames and passwords (for example, for popular social networks) during this browsing session?
    • Should I be logging into this website from home, where it is safer to do so?
    • Am I connecting to the Wi-Fi network from my phone, where I am just as susceptible to hackers?
    • Do I need to use specific websites that may be blocked by a free Wi-Fi network’s settings?
    • Can I connect to the free network immediately, or do I need to ask the establishment’s manager for a password?
    • Am I connecting to the official network of the area I am in, or does this seem like an imposter network named something like “Free Wi-Fi”?
    • What are the Wi-Fi settings on my laptop and phone? Do I automatically connect to the closest free Wi-Fi network? Do I really want this connection to happen all the time?
    • Do I have “sharing” enabled on my laptop?

    Once you’ve answered these questions, either proceed with caution, or enjoy your latte and check your bank statement from the comfort and safety of your own home
    Borowitz Report
    September 2, 2011

    Labor Day Officially Moved to China

    First U.S. Holiday to be Outsourced

    BEIJING (The Borowitz Report) – Labor Day, one of America’s most beloved and longest-celebrated holidays, has been officially moved to China, U.S. officials confirmed today.

    The Labor Day celebrations are expected to kick off Monday afternoon in Beijing with a barbeque attended by over seven million people and presided over by former NBA star Yao Ming.

    The transfer of Labor Day to China represents the first time in American history that an entire holiday has been outsourced, experts said.

    “It may be just as well,” said the University of Minnesota’s Davis Logsdon, who has lectured extensively on Labor Day traditions. “It’s been getting harder and harder for Americans to remember what labor is.”

    Tracy Klugian, 37 said he was sorry to see his annual Labor Day barbeque relocated from his home in Medina, Ohio to Beijing, but is taking the loss in stride.

    “I used to really look forward to Labor Day,” he said. “But to be honest, getting a day off isn’t as special as it used to be.”

    While Mr. Klugian said it was “a little strange” for Labor Day barbecues to occur in China with no participation by Americans, he added, “Maybe someday we’ll be able to make illegal fireworks for them.”

    Meanwhile, U.S. officials said it was looking "more and more likely" that Thanksgiving would be relocated this year to India.

    “At the very least, Americans will still be able to celebrate Thanksgiving by phone,” one official said. “But they should listen closely because some menu options have changed."

    Friday, September 2, 2011

    Market Commentary From Monty Guild

    Uncertainty — A Drag on the U.S. Economy

    One thing is becoming quite certain in the current U.S. economy: uncertainty.

    In conversation after conversation with CEOs, we are hearing a similar litany of frustration. They want to expand business, hire more employees, and procure more equipment. All such undertakings would obviously help the economy. However, they are afraid to follow through because of three major uncertainties:

    US Oil Giant Exxon Mobile Flees To Russia Over Obama Fears

    To Exxon Mobil’s greatest fear in fleeing the US for Russia, these reports continue, is Obama’s planned nationalization of all oil and gas industries in the United States said planned for the middle of 2012 when unprecedented chaos is expected to hit America as their economy nears total collapse.