Operation Twist: FED Ready for QE3 – KURT NIMMO FOR PRISONPLANET.COM

20 09 2011

Daily Forex Fundamentals, written by Danske Bank, says the FOMC will probably get QE3 rolling by the end of the year or early in 2012.

“Following the continued deterioration in economic data, we expect the Fed to take action in the form of a twist in the central bank’s portfolio towards longer maturity government bonds,” the Danish bank writes.

Unless we see significant improvements in economic data over the next couple of months we deem it likely that the Fed will initiate QE3 (buying either more government bonds or mortgages). This could happen either by end 2011 or early next year. We will particularly be looking to employment data, where we need sustainable and significant improvement in the coming months, in order for QE3 to be taken off the table.

The Federal Open Market Committee (FOMC) meets on Wednesday and more information on QE3 is expected at that time.

The main scenario for the Wednesday meeting will be for the Fed to start shifting its portfolio of government bonds towards holding more long-term securities and fewer short-term securities. This extension of the portfolio’s maturity is designed to push down long-term interest rates. We see this as a highly likely outcome of the meeting.

The interest rate currently stands at 0.25% and the Fed may move it down to 0.10%, “in order to increase the banks’ incentive to lend.”

Big banks, however, are not in the business of lending money to Main Street. Since the fall of Glass-Steagall, banks have been in the business of buying and selling complex derivatives and writing credit default swaps. “Fees are good, bonuses come in, and the fed or government will always be there to bail them out if things get hairy,” notes UrbanDigs.com.

Interest rates at or near 0% guarantee capital destruction. “Capital destruction is the main byproduct of monetary inflation, a concept totally foreign to the inflation engineers at the USFed and its satellite central banks,” writes Jim Willie for Financial Sense.

They are agents of magnificent systemic devastation. In the wake of each QE round are discouraged creditors who turn away in disgust. The damage and inflation feeds upon itself in stages of intense wreckage. The motive, need, and desperation for QE3 is being formed here and now, to be announced by late summer probably. Prepare for QE to infinity, endless hyper-inflation, a process that cannot be stopped, as the urgent needs grows. Any attempt to halt the process results in almost immediate total annihilation. So continuation of QE rounds serves to manage the deterioration process and guide the financial structures gradually and orderly into oblivion.

Add to capital destruction mounting inflation. The Fed considers this a good thing. “So now we are beginning to hear murmurings about the possible invigorating effects of ‘just a little inflation.’ Perhaps 4 or 5 percent a year would be just the thing to deal with the overhang of debt and encourage the ‘animal spirits’ of business, or so the argument goes,” writes Paul Volcker, former Fed boss, for the New York Times.

Bernanke and the Fed are moving us toward an inflationary depression. The Federal Reserve was established in 1913 specifically for that reason, as Rep. Charles Lindbergh noted. “The new law will create inflation whenever the trusts want inflation. From now on, depressions will be scientifically created,” he warned.

Bernanke admitted the Fed created the Great Depression with its monetary whipsaw weapon. It is now working on the Greatest Depression.

The Federal Reserve is not about saving business and creating jobs. It’s about a slow-motion destruction of the economy that will pave the way toward the bankster nirvana of a global economy that will present humanity with the most effective and insidious mechanism for slavery ever devised.





“Believing Is Seeing”: Truth, Lies and Photographs

29 08 2011

They knew they were right: That phrase (with apologies to Anthony Trollope) could serve as a tag line for the collected works of director Errol Morris, the maker of such classic nonfiction films as “The Thin Blue Line” and “The Fog of War.” People often find support for their claims of perfect certainty in photographic evidence, and who better to point out the rickety nature of such “proof” than a master of images and their slippery charms?

Morris has worked both as a private investigator — the archetype of the truth-seeker in American pop culture — and a director of television commercials — pretty much the opposite. His first steady work as a writer, however, came from the New York Times Op-Ed desk, which hired him as a contributor to its Opinionator blog a few years ago. The essays collected in Morris’ new book, “Believing Is Seeing (Observations on the Mysteries of Photography),” have been adapted from those posts and handsomely mounted in an image-rich hardcover. Morris considers five instances in which photographs were seized upon as testimonials to the truth; in all but one case, that testimony was later challenged.

The photographs are famous: Roger Fenton‘s 1855 images of the Crimean War, particularly the desolate moonscape titled “Valley of the Shadow of Death”; the snapshots taken by soldiers in Abu Ghraib during the Iraq War; pictures of a sharecropper’s cabin taken by Walker Evans in collaboration with James Agee during the 1930s and published in the book “Let Us Now Praise Famous Men“; an AP photo of a child’s toy lying in the rubble after the 2006 Israeli bombing of Tyre in southern Lebanon; and an ambrotype of three children found on the otherwise unidentifiable body of a Union soldier killed in the Battle of Gettysburg.

In each case, Morris presents his readers with a photograph that seems eminently intelligible. We know what we’re seeing and we think we know what it means. Then Morris ushers us behind the scenes and into a world of tangled doubt. Why are there cannonballs strewn on the road in one version of Fenton’s photograph and none in another taken during the same 90-minute period? Which image came first, and who was responsible for either removing the cannonballs from the road or scattering them over it? And why did whoever did it, do whatever it was they did? Whew. Accompanying Morris on his quest is simultaneously bewildering and thrilling, like finding a fathomless secret world hidden behind the seeming simplicity of everyday life.

Provoked by Susan Sontag‘s serene conviction that Fenton “staged” the best-known “Valley of the Shadow of Death” photograph by moving the cannonballs onto the road, Morris decided to investigate. This entailed flying to the Crimea and searching out the exact position of Fenton’s tripod in order to ascertain which direction the camera was facing when the photos were taken, then bringing in several experienced image analysts to scrutinize and compare the shadows in each photograph to determine which one was shot later in the day. That turned out to be even more involved than it sounds. Having followed this rabbit hole to its furthest reaches, perhaps it’s only natural that the investigators found themselves nicknaming rocks — Esmerald, Lionel, Marmaduke — and even exclaiming, as one expert did when presented with Morris’ contemporary shot of the site, “Oh my god. There it is! That’s Marmaduke.”

I won’t spoil the results of Morris’ inquiry, but for him it provokes ruminations on the nature of documentary and journalism. Ben Curtis, the AP photographer whose image of a Mickey Mouse doll amid the rubble of a destroyed residential tower in Tyre is the subject of another chapter, describes being unwilling to slightly reposition the toy even though that would have made for a better composition. Nevertheless, he was pilloried by bloggers who accused him, as Morris writes, “of deliberately placing the toy in the war zone.” Ironically, both sides charged Curtis with producing propaganda for their opponents.

Seventy-five years ago, Arthur Rothstein, working as a documentarian in the Dust Bowl for the Farm Security Administration, didn’t know any better than to take several shots of a steer’s skull in a parched South Dakota field, repositioning it each time (within a 10-foot radius) until he got one he liked. This prompted Dakota boosters and New Deal critics to denounce the results (released to newspapers by the federal government) as “phony.” Morris points out that “the photographs led the viewer to infer that the Dakotas were experiencing a severe drought. But the Dakotas were experiencing a severe drought,” a fact nobody contested.

Conundrums like these are highly pertinent to Morris’ own work. The juxtaposition of dramatized segments with traditional documentary footage in “The Thin Blue Line” contributed to making that film ineligible for an best documentary feature Oscar in 1988. It’s not that Morris doesn’t believe in truth, he’d just like to remind us that, when it comes to photographs, we see what we expect to see rather than what’s actually there (hence the book’s title). The idea that a photograph presents us with objective information about the world is delusional, partly because a photograph reflect the beliefs of the photographer, but mostly because until we surrender that delusion, we can’t stop the image from reflecting our own beliefs. “Truth in photography is an elusive notion,” Morris tells Curtis at last. “There may not be any such thing.”






Government: The Cause of — and Solution to — All Our Problems by Thomas E. Woods

28 08 2011

 

In case you’ve ever wondered what it must have been like to read Pravda, reading the American media’s treatment of the financial crisis and our wise leaders’ expert management of it all has given everyone a wonderful opportunity. For instance, check out this piece from several days ago on Politico.

If you can’t bring yourself to click on the link, I’ll give you the headline: “Obama Would Regulate New ‘Bubbles.’”

Yes, you read that right. “Bubbles” just occur spontaneously. They have no cause or explanation. We need government to identify and destroy them.

Sometimes I wish our overlords would get their stories straight. First, Alan Greenspan — whom the New York Times once described, in its typical toadying, totalitarian fashion, as “the infallible maestro of our financial system” — told us it was impossible to tell if a bubble existed at any given time. Now we have Barack Obama insisting that not only can we detect bubbles, but we can also deflate them with sufficient dispatch to prevent them from causing any serious economic disturbances.

How are we peons to decide between the competing views of our infallible maestro on the one hand and the man who would be FDR on the other?

I shouldn’t be so cynical. It is not for us to question how our overlords intend to distinguish between genuine growth in some industry on the one hand and bubble conditions on the other. Just to be safe they may have to quash all rapid growth wherever it occurs. Perhaps they can cut off credit to an entire sector of the economy, or levy industry-specific taxation. (Anyone who thinks this type of discretion and micromanagement might be exercised with political motivations in mind, or for any purpose other than the common good, is almost surely a good candidate for surveillance in our progressive commonwealth.)

In their quest to free us from economic instability, our betters may find it necessary to institute new rules. It is our job to accept these new rules with docility and thanks. These rules might have to be kind of sweeping, perhaps on the order of nobody may do anything. In liberal times that could perhaps be modified to nobody may do anything without asking permission. True, we could then wind up with a lengthy debate about whether asking permission itself counted as doing something, such that we’d need to ask permission in order to ask permission, in an endless regress. We’d then be back to the original nobody may do anything, which is probably the safest place to be anyway.

Or perhaps our rulers could shut down the electrical grid from time to time. I’d like to see those greedy fat cats inflate a bubble without any electricity!

Now the possibility that the government itself could be the primary culprit in the generation of asset bubbles is of course not merely rejected; the very idea cannot even be entertained. The great progressive institutions of government and central banking the causes rather than the solutions to our problems? Impossible!

Everyone knows Bad Things happen in the economy because of wicked speculators and grasping businessmen. If someone were to ask whether the Federal Reserve’s creation of $8 billion out of thin air every week on average for four solid years might have had a tiny bit to do with the housing bubble, well, we’d have to remind such a cynic that the Fed was created in order to give us macroeconomic stability. Our present crisis was caused by excessive “leverage,” you see — though we won’t bother asking where major economic actors managed to get all this credit in the first place. That might lead people to ask hard questions about the Fed yet again, and as we’ve seen, the Fed is our Wonderful, Stabilizing Friend.

It is true that Anna Schwartz, the famous monetarist (and not an Austrian economist), recently observed that asset bubbles cannot form without loose monetary policy by the central bank to fund them. “If you investigate individually the manias that the market has so dubbed over the years, in every case, it was expansive monetary policy that generated the boom in an asset. The particular asset varied from one boom to another. But the basic underlying propagator was too-easy monetary policy and too-low interest rates that induced ordinary people to say, well, it’s so cheap to acquire whatever is the object of desire in an asset boom, and go ahead and acquire that object. And then of course if monetary policy tightens, the boom collapses.” (Schwartz also rejects former Fed chairman Alan Greenspan’s “attempt to exculpate himself” for the housing bubble.)

Schwartz is here echoing what Austrian economist Ludwig von Mises said decades earlier. A sudden drive for a particular kind of investment will raise the prices of complementary factors of production as well as the interest rate itself. In order for a mania-driven boom to persist, there would have to be an increasing supply of credit in order to fund it, since investments in that sector would grow steadily more costly over time. That could not occur in the absence of credit expansion. The dot-com and housing bubbles can both be explained by artificial credit expansion, say such economists.

If we are to believe these economists, the best way to prevent future asset bubbles would be to stop the Fed from creating so much money out of thin air in the first place. Better still, we should abolish the Fed altogether, since in the view of these economists it is entirely superfluous to a market economy.

Again, though, our trust should be in princes. After all, Austin Goolsbee, an economic adviser to the president, assures us that Obama will be on the lookout for both bubbles and busts. The president, Politico notes, is “prepared to intervene to make sure that kind of red-hot growth doesn’t occur. And he’s willing to do it with added government regulation if needed to prevent any one sector of the economy from getting out of balance — the way the dot-com boom did in the 1990s and the real-estate market did earlier this decade.” See, those things just happened! No cause. They just happened. And government will protect us from them.

Mark Zandi, a former economic adviser to John McCain, adds that “policymakers always intervene in a downturn. So it is necessary for policy makers to take action against bubbles. You’ve got to be symmetrical in your policy.” What we need, says Zandi, is a “systemic regulator” who will decide whether or not bubbles exist and then take appropriate action. (See how much different a McCain administration would have been on the economy?)

Naysayers may point out that the Fed’s own economists denied that a housing bubble existed, and that, as we observed earlier, Greenspan himself believes it’s impossible to detect bubbles at all. But surely one more regulator, a big, giant, super-duper regulator, should be able to get things right.

Some people say the market is the best regulator. After all, the free market doesn’t pump up the money supply and push interest rates down to levels that promote unsustainable bubbles. The free market punishes reckless risk-takers, while it is government that bails them out (and thereby encourages them to take greater risks in the future). It was the Fed, not the free market, from which the “Greenspan put” — the implicit promise to bail out major Wall Street players — emerged. The Financial Times warned that these guarantees were encouraging dangerously risky investments. The free market makes no such guarantees, and thereby cultivates a more cautious class of entrepreneur.

But enough with these naysayers. I for one welcome our new overlords. Every American citizen could stand to learn from that model of filial piety, Britney Spears, who urged, “I think we should just trust our president in every decision he makes and should just support that, you know, and be faithful in what happens.”

Amen.





One Nation Under Surveillance

28 08 2011

On Thursday, the New York Times attacked the Obama Administration for its misuse of espionage laws to target news media disclosures of government waste and abuse; and on Friday,

T. Drake

Thomas Drake, the recently-exonerated victim of the Obama Administration’s evil crusade, published his first op-ed exposing what he called the Bush-Obama Administration’s “vicious campaign against whistle-blowers.” The New York Times reported that a former top official “in charge of ensuring that real secrets are kept secret,” J. William Leonard, who headed the Information Security Oversight Office during the George W. Bush Administration, “has delivered a stunning repudiation of the Obama Administration’s decision to use the Espionage Act against a whistle-blower attempting to expose government waste and abuse.” Leonard was willing to testify on behalf of whistleblower Drake, until the Justice Department dropped all ten felony charges against Drake last month. The Times correctly points out that the Obama Administration has used the Espionage Act in five case of news media disclosures, whereas there were no more than four in all previous Administrations. Additionally, the number of documents classified by the Obama Administration jumped by 40% last year. While Obama had originally promised more declassification, “the Administration’s emphasis since then has all been in the opposite direction,” concludes the Times. “Treating potentially embarrassing information as a state secret is the antithesis of healthy government.” Drake’s op-ed in the Washington Post cites the judge’s reference to British tyranny, and recounts that his own dispute with the National Security Agency (NSA) started when he heard about secret electronic surveillance and data-mining after 9/11, that bypassed the 4th Amendment and FISA. Later, he became aware of, and tried to expose, massive fraud involving private contractors, illegalities, and intelligence failures on the part of the NSA. As a result, Drake says, he was targeted “in a multi-year, multimillion dollar federal criminal ‘leak’ investigation as part of a vicious campaign against whistle-blowers, that started under President George W. Bush and is coming to full fruition under President Obama.” Drake notes that this country used to recognize the importance of free speech and privacy; but if we sacrifice these liberties in the name of security, “then we transform ourselves from an oasis of freedom into a police state that crucifies its citizens when they step out of line or speak up against government wrongdoing.” ”These are the hallmarks of despotism, not democracy,” Drake concludes. “Is this the country we want to keep?”





14 Conspiracy Theories That Are Now Admitted Conspiracy Fact

25 08 2011

How many times have you heard the mainstream media dismiss certain points of view as “conspiracy theories”?  It seems as though one of the easiest ways to brush something off is to label it as something that only “conspiracy theorists” would believe.  Well, you know what?  A whole lot of the time the “conspiracy theorists” are right and the mainstream media is wrong.  In fact, we owe a great debt to “conspiracy theorists” because they will go places and investigate things that the mainstream media would never even touch.  The reality is that the mainstream media only tells us what the government and the big corporations want us to hear, and much of the time it is those in the alternative media that are left with the task of trying to figure out what the real truth is.  So don’t look down on conspiracy theories or conspiracy theorists.  In a world where almost everything we are told is a lie, the truth can be very difficult to find.

The following are 14 conspiracy theories that the media now admits are conspiracy facts….

#1 Fukushima Uninhabitable

Back in April, I published an article entitled “Much Of Northern Japan Uninhabitable Due To Nuclear Radiation?“  At the time, almost everyone in the mainstream media was insisting that Fukushima was nothing like Chernobyl and that those that lived near Fukushima would be able to return to their homes fairly soon.

Well, it turns out that those of us that feared the worst were right after all.  Just consider the following quote from the New York Times….

Broad areas around the stricken Fukushima Daiichi nuclear plant could soon be declared uninhabitable, perhaps for decades, after a government survey found radioactive contamination that far exceeded safe levels, several major media outlets said Monday.

#2 U.S. Military Attack On Libya

At the beginning of this year, nobody would have dreamed that the U.S. military would have attacked Libya this year.

But it happened.  At first those that tried to warn about an upcoming conflict with Libya were called kooks, and even up until recently many in the media were still trying to deny that NATO was arming and training the rebels.

Well, the truth is that NATO had special forces on the ground even before the conflict began.

The “rebel groups” (which include large numbers of al-Qaeda fighters) would have been soundly defeated by Gaddafi if not for relentless air strikes by the U.S. military and NATO.

Instead of a straightforward invasion like we saw in Afghanistan and Iraq, the U.S. military and NATO systematically developed, trained and equipped “rebel groups” within the country and have used them as the ground forces for this campaign.

That way the goals of the U.S. and EU could still be achieved, but in the end they would have less blood on their hands.

As the conflict winds down, now even the New York Times is admitting that we have trained and equipped the rebels….

“We always knew there would be a point where the effectiveness of the government forces would decline to the point where they could not effectively command and control their forces,” said the diplomat, who was granted anonymity to discuss confidential details of the battle inside Tripoli.

“At the same time,” the diplomat said, “the learning curve for the rebels, with training and equipping, was increasing. What we’ve seen in the past two or three weeks is these two curves have crossed.”

Sadly, there is still a very good chance that U.S. troops could end up on the ground in Libya.

Many prominent officials are already calling for the U.S. and the EU to provide occupation forces.  Richard Haas, the president of the Council on Foreign Relations, has authored an opinion piece for the Financial Times entitled “Libya Now Needs Boots on the Ground“.

If that happens, it will likely end up being a situationvery similar to what we have today in Iraq.

#3 Widespread Use Of RFID Chips In Humans

The doubters said it would never happen.  They said we would never see the day when RFID chips were implanted in humans on a widespread basis.

Well, today there are examples of this all over the world.  One of the most stunning examples recently has come out of Mexico.  According to the Washington Post, “thousands of worried Mexicans” have been having “satellite and radio-frequency tracking products” implanted in their skin in order to protect themselves against abduction.

#4 $2000 Gold

It was only a matter of months ago that we were told that gold was “in a bubble” at $1400 or $1500 an ounce.

Well, gold recently crossed the $1900 an ounce barrier, and appears poised to go much higher as global financial instability intensifies.

#5 Obama Wants To Impose Backdoor Amnesty

Those that warned that Barack Obama was going to impose amnesty for illegal immigrants by executive fiat were called “nuts” and “conspiracy theorists”.

Well, it has happened.  The Obama administration has now instituted “backdoor amnesty” for illegal immigrants and even plans to provide them with work permits.

#6 U.S. Government Provides Weapons For Mexican Drug Cartels

For a long time there were those that claimed that the U.S. government was providing guns to Mexican drug cartels, but nobody wanted to listen.

Well, it is all now a matter of public record.  It turns out that the U.S. government facilitated the transfer of thousands of guns into the hands of Mexican drug cartels.

The following is a brief excerpt from a CBS News report that discusses the fierce opposition that many ATF agents expressed to allowing thousands of guns to be given into the hands of the Mexican drug cartels….

On the phone, one Project Gunrunner source (who didn’t want to be identified) told us just how many guns flooded the black market under ATF’s watchful eye. “The numbers are over 2,500 on that case by the way. That’s how many guns were sold – including some 50-calibers they let walk.”

50-caliber weapons are fearsome. For months, ATF agents followed 50-caliber Barrett rifles and other guns believed headed for the Mexican border, but were ordered to let them go. One distraught agent was often overheard on ATF radios begging and pleading to be allowed to intercept transports. The answer: “Negative. Stand down.”

CBS News has been told at least 11 ATF agents and senior managers voiced fierce opposition to the strategy. “It got ugly…” said one. There was “screaming and yelling” says another. A third warned: “this is crazy, somebody is gonna to get killed.”

Amazingly, three of the key ATF officials involved in putting thousands of guns into the hands of Mexican drug cartels were recently promoted.

#7 Fluoride Is Harmful

Incredibly, the federal government is finally admitting that high levels of fluoride in our drinking water can be harmful.  In fact, the feds have reduced the “recommended amount” of fluoride in our drinking water for the first time in 50 years.

We probably won’t see them ban fluoride any time soon, but for them to even acknowledge a problem with fluoride is a major step.  In a recent article on CNN, it was reported that the federal government is now saying that high levels of fluoride in the water have now officially been linked with fluorosis….

The Department of Health and Human Services and Environmental Protection Agency are proposing the change because of an increase in fluorosis — a condition that causes spotting and streaking on children’s teeth.

#8 The Federal Reserve Favors The Big Banks

We were always told by the media that the Federal Reserve was “above politics” and that it did not show favoritism.

Well, we all know now that the Fed is deeply corrupt and about the only people that they actually help are their friends.

It turns out that the Federal Reserve very quietly showered the big banks and their friends with hundreds of billions of dollars in loans at rates that were substantially below market during the financial crisis.  While Wall Street was being flooded with easy loans, none of the small banks that were deeply suffering and no average Americans got any money.

#9 Cell Phones Linked To Cancer

For years, “conspiracy theorists” have been claiming that cell phone use can cause cancer.

Well, the mainstream media is starting to catch up.  Some very startling scientific studies have come out recently that are hard to ignore.

The following is an excerpt from a recent CNN article about one of these studies….

At the highest exposure levels — using a mobile phone half an hour a day over a 10-year period — the study found a 40 percent increased risk of glioma brain tumors.

#10 The Credit Rating Agencies Are Corrupt

We have all been taught that the credit rating agencies are supposed to be objective.

But in the real world things are not that simple.

For example, just a short time after long-term U.S. government debt was downgraded, the head of Standard & Poor’s is resigning, and is being replacedby Douglas Peterson, the former COO of Citigroup.

Do you think the former COO of Citigroup is going to come down hard on his former comrades over at the big Wall Street banks?

Also, a whistleblower has come forward with some stunning revelations about Moody’s.  The following is what former analyst William Harrington says was going on over at that credit agency during the financial crisis….

“The track record of management influence in committees speaks for itself — it produced hollowed-out (collateralized debt obligation) opinions that were at great odds with the private opinions of committees and which were not durable for even a short period after publication”

#11 Prescription Drugs Kill A Lot Of Americans

Growing up, I never even imagined that prescription drugs could be dangerous.  I had complete faith in the medical community and the government to only allow drugs on the market that were fully tested and proven to be 100% safe.

Well, I was dead wrong.  The truth is that adverse reactions to prescription drugs kill a huge number of Americans every year.  A recent Vanity Fair article entitled “Deadly Medicine” began with the following statement….

Prescription drugs kill some 200,000 Americans every year. Will that number go up, now that most clinical trials are conducted overseas—on sick Russians, homeless Poles, and slum-dwelling Chinese—in places where regulation is virtually nonexistent, the F.D.A. doesn’t reach, and “mistakes” can end up in pauper’s graves?

#12 Bisphenol-A Is Linked To Infertility

A very common chemical known as bisphenol-A is found in thousands upon thousands of our plastic products.  It also turns out that it has some really nasty effects on the human body.

Fortunately, some in the mainstream media are beginning to acknowledge this.  Back in October, one of the largest UK newspapers published an article entitled “Bisphenol-A now linked to male infertility” which made the following unequivocal statement about the dangers of BPA….

Bisphenol-A (BPA), known as the “gender bending” chemical because of its connection to male impotence, has now been shown to decrease sperm mobility and quality.

#13 The “Super Congress” Is In The Pocket Of Wall Street Interests

The amount of money that has been donated to the campaigns of those on the “Super Congress” is absolutely astounding.

Just check out what a recent CNBC article had to say about the matter….

Overall, according to the center’s research, the dozen super committee members have raised more than $50 million from the finance, insurance and real estate sector since the 1990 election cycle.

How much influence do you think 50 million dollars is going to buy?

#14 The Targeting Of Christian Groups

We are increasingly hearing from the Obama administration and some members of Congress that we need to be really concerned about “homegrown terrorists” and “Christian extremists”.

For example, during a recent Congressional hearing U.S. Representative Sheila Jackson Lee warned that “Christian militants” might try to “bring down the country” and that such groups need to be investigated.

In addition, according to a shocking document obtained by Oath Keepers, the FBI is now instructing store owners to report many new forms of “suspicious activity” to them.  According to the document, “suspicious activity” now includes making “extreme religious statements” and believing in “radical theology”.

Not only that, a Department of Homeland Security report on “right wing extremism” from April 2009 lists the following people as potential terrorists….

-those that believe in “end times” prophecies

-those that believe abortion is wrong

-those that stockpile food, ammunition or weapons

-those that are against same-sex marriage

-those that believe in “New World Order” conspiracy theories

I don’t know about you, but when the federal government starts targeting people based on their religious beliefs, that makes me very nervous.

This world is officially going crazy.  So don’t blame “conspiracy theorists” for wanting to dig around and get the facts.  The mainstream media sure doesn’t give us much of the truth.

As the world continues to fall apart and as the propaganda from the mainstream media gets even more blatant, the hunger for the truth is only going to grow.

Who knows?  Perhaps before it is all over you will be a “conspiracy theorist” too.





Pentagon Snoops Using Facebook and Twitter

3 08 2011

The New York Times and the Washington Post have posted articles detailing a plan by the Pentagon to detect and track popular ideas on social networks. They are not interested in what people think about Lady Gaga or the latest cooking recipes. In 2005, it was reported that the Pentagon was adding anti-war groups and individuals to a terrorist database. A Defense Department document leaked to NBC provided a “first inside look at how the U.S. military has stepped up intelligence collection inside this country since 9/11, which now includes the monitoring of peaceful anti-war and counter-military recruitment groups.” Northcom also has a unit dedicated to snooping on political activists. In 2002, the Pentagon established CIFA, Counterintelligence Field Activity, by directive. Its size and budget were classified. CIFA created a database, TALON (Threat and Local Observation Notice), to keep track of antiwar activists and individuals opposed to invading and bombing small defenseless countries. After a spate of bad PR, the government said CIFA was to be dismantled. It was later revealed that its operations were outsourced and privatized. The Washington Post admits the DARPA – the Defense Advanced Research Projects Agency – plan to hire programmers and researchers to build software to track “popular ideas” on social networks is political. The plan “makes a certain amount of sense, if you think about how Twitter, Facebook and other social media networks have been used to broadcast the ideas of revolutionaries, protesters and other political figures over the past few years,” writes Hayley Tsukayama. And, as the report highlights, DARPA could also use the social networks to identify threats. It suggests, for example, that the agency could look into incidences of several people in the same area posting messages about rumors that a wanted individual is hiding nearby. Or where the next demonstration against the Federal Reserve will be held so agents provocateurs and informers can be dispatched. “Social networks can allow the military not only to follow but also to shape the action,” writes David Streitfeld for the New York Times. In 2009, the Pentagon released a “Force Protection Advisory” about “planned protests at all Federal Reserve Banks and office locations within the United States.” The “advisory” went out to Northcom and the FBI. On November 22, 2008, Alex Jones led a rally at the Federal Reserve Bank in Dallas Texas. The Dallas protest is specifically mentioned in the official Army document. Ron Paul’s brother was also in attendance.








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