Justice Drops Defense of Donald Rumsfeld, Paul Wolfowitz

http://www.informationclearinghouse.info/article27550.htm

February 22, 2011 "Politico" -- The Justice Department under President Barack Obama has quietly dropped its legal representation of more than a dozen Bush-era Pentagon and administration officials - including former Defense Secretary Donald Rumsfeld and aide Paul Wolfowitz - in a lawsuit by Al Qaeda operative Jose Padilla, who spent years behind bars without charges in conditions his lawyers compare to torture.

WELCOME TO THOSE FOLLOWERS OF DAN NORCINI'S BLOG

Presently, I am in the middle of some major moving tasks that are taking up every minute
of my time during the daylight hours (it's very cold here in North Idaho with ice and snow
making it difficult to walk safely).

I will respond to any, and all, of your posts eventually as my moving tasks should slow down a bit
in the next week or two.

Meanwhile, just scroll back through this blog to see what I have been doing. Eventually you
will see my earlier blogs from which I have transitioned to this one when my ability to post
images exceeded my 'free' Blogger Allotment of space.

My other two blogs are listed in the right column of this, and both of my other two blogs.

Right now, I am refering my followers to Dan Norcini's blog to keep informed on the metals.
Part of my Daily Blogs List is posted on the right and should also be followed to keep
abreast of the many elements occuring in the world that affect the metals market as well as
are pointing to a complete collapse of the economies of the world very soon. I will be
adding to this list soon.

Hope you all find value in this blog as it is my gift back to the citizens of the world after my
many years of trading the metals and currency markets in hopes they will survive what's coming
with some bit of dignity and comfort.

Federal deficit on track for a record this fiscal year

http://www.washingtontimes.com/news/2011/feb/14/debt-now-equals-total-us-economy/

Mr. Obama‘s budget projects that 2011 will see the biggest one-year debt jump in history, or nearly $2 trillion, to reach $15.476 trillion by Sept. 30, the end of the fiscal year. That would be 102.6 percent of GDP — the first time since World War II that dubious figure has been reached

MARTIN ARMSTRONG'S LATEST ARTICLE

CREDIT TO WERNERUL FOR THE LINK
http://www.martinarmstrong.org/files/Sovereign%20Debt%20Crisis%20Dancing%20With%20Death%20%202-9-2011.pdf

SOVEREIGN DEBT CRISIS, DANCING WITH DEATH

Obama's Big Budget Cut Proposals Target The Poor

http://www.huffingtonpost.com/2011/02/10/obama-budget-cut-proposals-target-poor_n_821010.html?ir=Business

"It's just a cruel proposal," Wolfe said. "What this would do is take some of the most vulnerable families in the country off energy assistance."

It's a sop (a concession given to mollify or placate) to moderates and conservatives, and it's likely to infuriate voters who put President Barack Obama in the White House.

Egypt Wins the Revolutionary World Cup Series

FROM CULTURE OF LIFE NEWS
http://emsnews.wordpress.com/2011/02/11/egypt-wins-the-revolutionary-world-cup-series/

VERY IMPORTANT TO READ THIS ARTICLE
MANY OTHER COUNTRIES ARE NEAR REVOLUTION TOO

US Soldiers’ Suicides Caused by Prescription Drugs?

http://www.cchrint.org/2010/11/01/us-soldiers-suicides-caused-by-prescription-drugs/

"More troops are dying from their own hands than in combat"

Thirty-six (36%) percent of the suicides were among troops who were never deployed.

IS THE GUV'MINT/MILITARY COMPLEX DRUGGING OUR YOUNG MILITARY PERSONNEL

TO MAKE THEM 'COVER OVER' THEIR FEELINGS ABOUT WHAT THEY ARE EXPERIENCING AND TO DIMINISH THEIR ETHICAL CHOICES WHILE IN COMBAT?


WHAT WILL THEY DO WHEN THEY COME HOME AND HOW WILL THEY DEAL WITH CONFLICT IN SOCIETY AND IN THEIR HOMES?

US soldiers 'killed Afghan civilians for sport and collected fingers as trophies'

http://www.guardian.co.uk/world/2010/sep/09/us-soldiers-afghan-civilians-fingers

Obama Creates World’s First Superstate With US-Canada Merger

IF THIS IS TRUE, IT SHOWS THAT THERE IS NO LIMIT TO WHAT THE
SCURRILOUS CRIMINALS IN POSITIONS OF POWER WILL RESORT TO
TO STEAL THE ENTIRE WEALTH OF THE WORLD.


READ EVERY LINK WITHIN THIS ARTICLE

http://www.whatdoesitmean.com/index1446.htm

Joint Statement by President Obama and Prime Minister Harper of Canada on Regulatory Cooperation

http://www.whitehouse.gov/the-press-office/2011/02/04/joint-statement-president-obama-and-prime-minister-harper-canada-regul-0

The security perimeter imaginarium of Dr. Harper

http://fullcomment.nationalpost.com/2011/02/07/the-security-perimeter-imaginarium-of-dr-harper/

Canada kept U.S. border talks under wraps: document

http://www.thestar.com/news/canada/article/934675--the-federal-government-deliberately-kept-negotiations-on-a-border-deal-with-washington-secret-canada-kept-u-s-border-talks-under-wraps-document?bn=1

One of the “supportive stakeholders” in the merger of Canada with the US is called the Canadian Council of Chief Executives (CCCE), who in their statement supporting it said, “This is the kind of government action that we in the business community have been seeking for years”.  http://www.ceocouncil.ca/en/

“The Corporations behind this deal own the politicians who signed it, and the media that are telling us 'how good it is'.

New Harper/Obama Border Deal about Corporate Power - Not Security and Trade

http://www.pacificfreepress.com/news/1-/8006-new-harperobama-border-deal-about-corporate-power-not-security-and-trade.html

DAN NORCINI NOW HAS HIS OWN BLOG

Trader Dan's Market Views

http://traderdannorcini.blogspot.com/

Even Our Enemies Believe Our Lies

Even Our Enemies Believe Our Lies

A Cautionary Tale

By William Blum
http://www.informationclearinghouse.info/article27415.htm

"I've devoted a lot of time and effort to the question of how to reach the American mind concerning US foreign policy. To a large extent what this comes down to is trying to counterbalance the lifetime of indoctrination someone raised in the United States receives. It comes in news stories every day."

TSA Invades Roads & Highways With VIPR Checkpoints

http://www.gcnlive.com/wp/2011/02/01/tsa-invades-roads-highways-with-vipr-checkpoints/

Americans Are Oppressed, Too By Paul Craig Roberts

ANYONE WHO DOESN'T KNOW THIS IS TRUE BY NOW
IS TRULY IGNORANT

Police in the US now rival criminals, and exceed terrorists, as the greatest threat to the American public. 

http://www.informationclearinghouse.info/article27414.htm

The New Face of Revolution: After Tunisia and Egypt, the World By Ted Rall

http://www.informationclearinghouse.info/article27401.htm

Global revolution is imminent

Who Prints The Actual Paper Money?

http://emsnews.wordpress.com/2011/02/02/who-prints-the-actual-paper-money/#more-9819

The present stage of the Great Depression continues to unravel across the planet.  The fixes of the US/UK/EU structure has definitely restored the wealth and power of the international bankers and dealers but have seriously weakened the Home States used as collateral for guaranteeing various OTC and UTC (under the counter) deals.  This, in turn, is causing all of the client dictator states to collapse.

.

Fed passes China in Treasury holdings

http://www.ft.com/cms/s/0/120372fc-2e48-11e0-8733-00144feabdc0.html#axzz1CqwwGLkc

The Federal Reserve has surpassed China as the leading holder of US Treasury securities even though it has yet to reach the halfway mark in its latest round of quantitative easing, according to official figures.

Based on weekly data released on Thursday, the New York Fed’s holdings of Treasuries in its System Open Market Account, known as Soma, total $1,108bn, made up of bills, notes, bonds and Treasury Inflation Protected Securities, or Tips.

According to the most recent US Treasury data on foreign holders of US government paper, China holds $896bn and Japan owns $877bn.

 

“By June [the Fed] will have accumulated some $1,600bn of Treasury securities, likely to be in the vicinity of China and Japan’s combined holdings,” said Richard Gilhooly, a strategist at TD Securities. “The New York Fed surpassed China in the past month as the largest holder of US Treasury securities,” he noted.

The Fed is buying Treasury debt under two programmes. The largest is QE2, which began in November and is scheduled to involve $600bn of purchases by June.

It is also buying $30bn of Treasuries a month as it reinvests principal payments from its large holdings of mortgage debt and debt issued by government housing agencies – a programme dubbed QE lite.

By the end of June, the Fed plans to buy $800bn in Treasury debt under both programmes. Since November, the Fed has purchased $284bn of Treasuries.

The Fed has devoted 67 per cent of its QE2 purchases to Treasuries with a maturity of four-and-a-half to 10 years. That has helped pull back yields in that part of the yield curve from their highs of December.

By contrast, just 5 per cent of the Fed’s buying has been for Treasury debt longer than 17 years. Last Friday, the yield on 30-year bonds briefly rose to its highest level since last April.

“The end of QE2 will be a big test as rates are likely to rise once the Fed stops buying large amounts of Treasuries,” said David Ader, a strategist at CRT Capital. “We don’t know if that means a rise of 20, 30 or even 50 basis points for key yields.”

In total, foreign central banks hold $2,604bn of Treasuries, according to the Fed. After rising from $2,250bn at the end of last June, foreign central banks have stayed at about $2,600bn since mid-November, when the Fed began QE2. This indicates the Fed has stepped up as other central banks have scaled back their Treasuries purchases.

Before the financial crisis, the Fed held $775bn of Treasuries in Soma. That was reduced by $300bn during the first half of 2008, when the Fed sold Treasuries and focused on supporting the financial system. The first QE program, which began in 2009, saw the Fed buy $300bn of Treasuries.

IF YOU DON'T HAVE GOLD AND SILVER, YOU WON'T SURVIVE WHAT'S COMING

Wikileaks vs. Wall Street in a war for our souls

Wikileaks vs. Wall Street in a war for our souls By Paul B. Farrell, MarketWatch

http://www.marketwatch.com/story/wikileaks-vs-wall-street-in-a-war-for-our-souls-2011-02-01

Yes, it’s war. Wikileakers vs Wall Street’s mafia-like code of silence ... Wall Street’s obsessive secrecy ... Wall Street’s war against transparency … Wall Street’s relentless lobbying to defeat all government efforts to expose how much Wall Street is stealing from middle-class taxpayers, investors and retirees.

Internet ‘Kill Switch’ Legislation Back in Play

http://www.wired.com/threatlevel/2011/01/kill-switch-legislation/

Legislation granting the president internet-killing powers is to be re-introduced soon to a Senate committee, the proposal’s chief sponsor told Wired.com on Friday.

6 Ideas For Those Needing Defensive Technology to Protect Free Speech from Authoritarian Regimes and 4 Ways the Rest of Us Can Help

AFTER THE SHUTDOWN OF THE INTERNET IN EGYPT, IT'S TIME TO THINK ABOUT
PROTECTING YOURSELF FROM BEING TRACKED BACK FROM YOUR POSTS ON
THE INTERNET.


http://www.eff.org/wp/surveillance-self-defense-international

AND
Internet Security Savvy is Critical as Egyptian Government Blocks Websites, Arrests Activists in Response to Continued Protest
http://www.eff.org/deeplinks/2011/01/egypt-blocks-websites-arrests-bloggers-and

AND

From Around the Web:

• Egypt Protest Internet Shut Off: How did the Egyptian government turn off the Internet?
  1/28/2011 — Slate Magazine - Technology
• Complete Internet Blackout in Egypt
  1/27/2011 — ReadWriteWeb
• Internet Down in Egypt, Tens of Thousands Protest In ‘Friday of Wrath’
  1/27/2011 — Threat Level
• Arab World: New Media and the Egyptian Demonstrations
  1/27/2011 — Global Voices in English
• Egyptian Networks Turn Off the Internet
  1/27/2011 — Data Center Knowledge

Will Gold, Oil Prices Soar on Revolts in Tunisia, Egypt?

http://www.minyanville.com/businessmarkets/articles/precious-metals-revolt-in-tunisia-revolt/1/27/2011/id/32446

Although revolution has been quelled for many years, dollar devaluation has caused prices of basic goods to soar in emerging economies like these. Young people are unemployed and face little opportunities in autocratic societies. Tens of thousands of young, leaderless Arabs are rioting in the streets demanding an end to pro-Western leaders.

Obama Fails to Address Inflation in State of the Union

CREDIT TO FLARPH FOR THE LINK:
http://www.prnewswire.com/news-releases/obama-fails-to-address-inflation-in-state-of-the-union-114639374.html

"One thing from last night's State of the Union address is very clear, Obama is not serious about cutting spending and nobody in Washington has any expectation of the U.S. ever returning to a balanced budget. NIA believes that this past week's dip in the prices of gold and silver is an unbelievable buying opportunity for Americans who already own precious metals as well as those wishing to buy precious metals for the first time. Sure, both gold and silver could dip lower in the short-term, but we can't try to time short-term fluctuations and we need to stay focused on the long-term destruction of the U.S. dollar. In future State of the Union addresses to come in another year or two down the road, the entire focus of the President's speech will likely be on inflation and the collapsing U.S. dollar. When that time comes and mainstream America becomes aware of what NIA members have known for years, we could easily see $5,000 per ounce gold and $500 per ounce silver, and everybody will regret not loading up as much as possible at these levels."

The End of New Deal Liberalism

Society faces dreadful prospects and profound transformation. When both parties are aligned with corporate power, who will stand up for the people? Who will protect them from the insatiable appetites of capitalist enterprise and help them get through the hard passage ahead? One thing we know for sure from history: there is no natural limit to what capitalism will seek in terms of power and profit. If government does not stand up and apply the brakes, society is defenseless.

http://www.thenation.com/article/157511/end-new-deal-liberalism

E-mails Suggest Bear Stearns Cheated Clients Out of Billions

http://www.theatlantic.com/business/archive/2011/01/e-mails-suggest-bear-stearns-cheated-clients-out-of-billions/70128/

"According to the lawsuit, the Bear traders would sell toxic mortgage securities to investors and then sell back the bad loans with early payment defaults to the banks that originated them at a discount. The traders would pocket the refund, and would not pass it on to the mortgage trust, which was where it should have gone to be distributed to the investors who owned the bonds. The Marano-led traders also cut the time allowed for early payment defaults, without telling the bond investors. That way, Bear could quickly securitize defective loans, without leaving enough time for investors to do their own due diligence after the bonds were sold and put-back any bad loans to Bear."

A BIASED, SELF-SERVING NEW YORK TIMES ARTICLE ON WIKILEAKS

Dealing With Julian Assange and the Secrets He Spilled
http://www.nytimes.com/2011/01/30/magazine/30Wikileaks-t.html?pagewanted=1&_r=1&hp

DID ASSANGE DISCLOSE INFORMATION RATHER THAN 'SPILL SECRETS'?

THIS THEME RUNS THROUGHOUT THE ARTICLE.

THE NYTIMES IS AN UNREPENTANT SYCOPHANT TO GUV'MINT POWER AS ALWAYS.

CHRIS HEDGES STATES THE OBVIOUS SOLUTION TO SAVE WHAT'S LEFT OF AMERICA

"Either we begin to militantly stand against the coal, oil and natural gas industry or we do not. Either we defy pre-emptive war and occupation or we do not. Either we demand that the criminal class on Wall Street be held accountable for the theft of billions of dollars from small shareholders whose savings for retirement or college were wiped out or we do not. Either we defend basic civil liberties, including habeas corpus and the prosecution of torturers or we do not. Either we turn on liberal institutions, including the Democratic Party, which collaborate with these corporations or we do not. Either we accept that the age of political compromise is dead, that the corporate systems of power are instruments of death that can be fought only by physical acts of resistance or we do not. If the liberal class remains gullible and weak, if it continues to speak to itself and others in meaningless platitudes, it will remain as responsible for our enslavement as those it pompously denounces. "
http://www.informationclearinghouse.info/article27329.htm
OR
http://www.truthdig.com/report/item/where_liberals_go_to_feel_good_20110124/

TO THINK ABOUT...

CREDIT TO GOLDMELTER FOR THIS ONE

Whenever destroyers appear among men, they start by destroying money, for money is men's protection and the base of a moral existence.  Destroyers seize gold and leave to its owners a counterfeit pile of paper.  This kills all objective standards and delivers men into the arbitrary power of an arbitrary setter of values.  Gold is an objective value, an equivalent of wealth produced.  Paper is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it.  Paper is a check drawn by legal looters upon an account which is not theirs: upon the virtue of the victims.  Watch for the day when it bounces, marked: 'Account overdrawn'."
~~Francisco d'Anconia from "Atlas Shrugged" by Ayn Rand

A Path Is Sought for States to Escape Their Debt Burdens

http://www.nytimes.com/2011/01/21/business/economy/21bankruptcy.html

Policymakers are working behind the scenes to come up with a way to let states declare bankruptcy and get out from under crushing debts, including the pensions they have promised to retired public workers.

Tunisia And US Smugness The Financial Elite In America - Same As Dictators Elsewhere

http://www.informationclearinghouse.info/article27316.htm

"We are smug at our own peril. The parallels between Tunisia and America are not that far off, it’s only a matter of degree and size—but we have our own dictators who are in charge, and they are called the Democratic and Republican parties, our presidents, our congress’, our corporations and our warlord generals who continue calling for more and more unlimited warfare all over the world so that they may justify their over 900 military bases worldwide—and of course, we are the slaves who work and pay for all these elite dictators."

ALAN GREENSPAN WORST AMERICAN EVER - TRAITOR TO EVERYTHING AMERICAN - PETER SCHIFF

US wars to continue until its economy busts !

TO THINK ABOUT...

"The liberties of our country, the freedom of our civil Constitution, are worth defending at all hazards; and it is our duty to defend them against all attacks. We have received them as a fair inheritance from our worthy ancestors: they purchased them for us with toil and danger and expense of treasure and blood, and transmitted them to us with care and diligence. It will bring an everlasting mark of infamy on the present generation, enlightened as it is, if we should suffer them to be wrested from us by violence without a struggle, or to be cheated out of them by the artifices of false and designing men." -Samuel Adams

"It is sobering to reflect that one of the best ways to get yourself a reputation as a dangerous citizen these days is to go about repeating the very phrases which our founding fathers used in the struggle for independence." - Charles A. Beard