V: "People should not be afraid of their governments. Governments should be afraid of their people."
Welcome Back The Spotlight 'O Terror
Green - Low: This setting is here just as a reference point. DHS will never use it because it would mean we didn’t need them anymore.
Blue - Guarded: This rarely used setting on the Stoplight ‘O Terror could indicate things like an undocumented worker within 3 square miles of the president.
Yellow - Elevated: This is the standard level of fear. Don’t expect to see anything lower than this as long as the Regressives are in office. Be scared, but not too scared to vote Republican.
Orange - High: Chertoff heard that someone in the CIA’s brother’s boss’ nephew’s sister-in-law heard about a plan to blow up Amish Country Popcorn Factory in Berne Indiana. It’s ok to pee your pants at this level.
Red - Severe: A terror attack was recently narrowly averted. We can’t release any details but just be thankful we saved your asses. Used frequently before midterm elections. See October Surprise. (Oh My God, Take Away My Freedoms and Protect Me From Them There Terrorists, Like Osama Hussein!!!)
Welcome to my Blog, enjoy your stay!
Congressman Ron Paul, MD - We've Been NeoConned

1984 radio broadcast:
• Alex S. Jones, former media reporter for the New York Times and now Director, Joan Shorenstein Center on the Press, Politics and Public Policy, John F. Kennedy School of Government, Harvard University.
• Susan King, former Washington correspondent for ABC News and now Director, Journalism Initiative, Special Initiatives and Strategy, Carnegie Corporation of New York.
• John Lavine, Dean, Medill School of Journalism Northwestern University.
• Nicholas Lemann, former Washington Post reporter and now Dean, School of Journalism, Columbia University.
• David Nordfors, Director, Innovation Journalism and Senior Research Scholar, Stanford Center for Innovations in Learning, Stanford University.
• Monroe Price, Director, Centre for Global Communications Studies, Annenberg School for Communication, the University of Pennsylvania.
• Orville H. Schell, Director, Center on US-China Relations, Asia Society.
Gavin Mathis
The Evergreen Review
February 13, 2009
Blackwater Worldwide’s days of roaming Iraqi streets with impunity are over. The State Department decided against renewing the government’s contract with the notoriously trigger-happy mercenary force last month after the Iraqi government announced its revocation of Blackwater’s operating license. Considered the epitome of America’s reckless exploitation efforts in post-war Iraq, Blackwater’s infiltration into the war effort is symbolic of America’s rampant privatization efforts of the past quarter-century.
Before the current economic collapse, nearly every aspect of American life was placed under siege by privatization efforts – schools, social security, health care, prisons and even the military. Tasks inherent to a nation-state were outsourced to private firms that accumulated millions in taxpayer funds and turned Iraq into their own personal sandbox.
Once an obscure paramilitary company based in North Carolina, Blackwater became infamous when a handful of its employees allegedly opened fire on a congested Baghdad traffic intersection without provocation. The incident left the corpses of 17 Iraqi civilians bleeding in the streets and strained U.S. relations with Iraq.
Despite the best efforts of the Pentagon to create a legal loophole for defense contractors, five of the Blackwater employees involved in the bloody shootout were indicted by a U.S. federal grand jury last December. Each indicted member is facing 14 counts of voluntary manslaughter and 20 counts of attempted manslaughter.
Critiquing the recourse of the Blackwater guards will accomplish nothing. Iraq is a “shoot first and ask questions later” place. Instead, Americans should be alarmed by the menacing iron triangle – the policy-making apparatus consisting of the bureaucracy, legislative committees, and interest groups – that turned Blackwater into Bush’s Praetorian Guard.
In the eyes of the Bush administration, Iraq was an incredible success. They turned the American war machine into a profitable industry, and Blackwater was at the forefront of this capitalist nexus. Chronicles of America’s imperial folly in Iraq are as numerous as they are diverse, but Blackwater’s meteoric rise and fall in Iraq is the coup de grace. Like a parasite sucking blood from its host, Blackwater attached itself to America’s morbid fascination with greed and, as journalist Jeremy Scahill put it, made a killing off the killing in Iraq.
Blackwater’s forces are no longer relegated to the conflict-zones of the Middle East. Erik Prince, Blackwater’s founder, sent his armed militia to the hurricane-ruined streets of New Orleans to suppress looters in the wake of Katrina. Coursing up and down the streets of the French Quarter with loaded assault rifles, the scene was described by Scahill as “Baghdad on the Bayou.” The thought of an ultra-right wing executive protecting the wealthy elite of an American city with his personal paramilitary force sounds like a plot line ripped from the pages of Orwell or Kafka.
In the eyes of Prince, Katrina was an opportunity to diversify. Just like the Wall Street banks that continually find new ways to make money, Blackwater found a crisis and exploited it – disaster capitalism at its worst. President Dwight Eisenhower warned about the increased influence of the military-industrial complex in his farewell address, but not even Eisenhower could foresee the ominous encroachment of private military firms on domestic soil.
Many people find Blackwater to be an old story – a relic of Bush’s Iraq fiasco. However, as Blackwater’s final days in Iraq come to a close, the nation’s new president needs to be reminded that he is accountable to the people, not to the war profiteers of the military-industrial complex. The emergence of America’s mercenary army should serve as a cautionary tale of what happens when capitalist might collides with militant ideologues.
Research related articles:
http://cathcon.blogspot.com/2009/02/big-brother-is-watching-sspx.html
Tuesday, February 10, 2009
Big brother is watching the SSPX
Pius-Schule in Ruppichteroth unter Beobachtung
SSPX in Ruppichteroth under observation
SSPX founded girls' boarding school of St. Theresa
Rhein-Sieg-Kreis. (man), The North Rhine Wesfalen Education Ministry is monitoring the girls' boarding school founded in Saint-Theresien Ruppichteroth. "We are examining closely whether the school abides by the principles of the national constitution and the school regulations," a spokesman said on Monday.
The Ministry has no evidence of prior offenses. The school published on the Internet a position statement on the comments of Bishop Richard Williamson. The SSPX-affiliated cleric had recently denied the Holocaust.
"We dissociate ourselves clearly and sharply from any denial of Nazi crimes", said the school.
Economicrot
February 13, 2009
| Just take a close look at the last hour of trading — at precisely one hour before close the markets were massively pumped. | |
Before moving on to the main topic allow me to point out that Timmy Geitner (our new Treasury Secretary) wasted no time getting up to speed as the new ring-leader for the Plunge Protection Team (PPT). As you can see in the DOW chart below, the PPT fingerprints were all over the markets yesterday… Just take a close look at the last hour of trading - at precisely one hour before close the markets were massively pumped - free market society my A@@!
Moving On… Is this 1930 all over again?
The Great Depression started with the stock market crash of 1929, but the markets didn’t bottom out until 1933. Along the way there were several major rallies, yet the overall trend was bearish in nature and new lows were periodically made after these bear market rallies faltered.
Anyway, much like today - where many "experts" advise that the markets are ripe for a re-entry point and our economy will soon turn around - pundits and leaders of the depression era were consistently telling folks "The Bottom is in"… Those who took this "expert" advice did so at their own peril - and ultimately most were creamed as the markets continued to fall into the abyss for several years.
Allow me to share a few quotes from the Depression Era:
"We will not have any more crashes in our time." - John Maynard Keynes, 1927
"There will be no interruption of our permanent prosperity." - Myron E. Forbes, President, Pierce Arrow Motor Car Co., January 12, 1928
"There is no cause to worry. The high tide of prosperity will continue." - Andrew W. Mellon, Secretary of the Treasury, September 1929
"Stock prices have reached what looks like a permanently high plateau." - Irving Fisher, Ph.D. in economics, Oct. 17, 1929
"Secretary Lamont and officials of the Commerce Department today denied rumors that a severe depression in business and industrial activity was impending, which had been based on a mistaken interpretation of a review of industrial and credit conditions issued earlier in the day by the Federal Reserve Board." - New York Times, October 14, 1929
"This crash is not going to have much effect on business." - Arthur Reynolds, Chairman of Continental Illinois Bank of Chicago, October 24, 1929
"…despite its severity, we believe that the slump in stock prices will prove an intermediate movement and not the precursor of a business depression…" - Harvard Economic Society (HES), November 2, 1929
"The Government’s business is in sound condition." - Andrew W. Mellon, Secretary of the Treasury, December 5, 1929
"President Hoover predicted today that the worst effect of the crash upon unemployment will have been passed during the next sixty days." - Washington Dispatch, March 8, 1930
"The spring of 1930 marks the end of a period of grave concern… American business is steadily coming back to a normal level of prosperity." - Julius Barnes, head of Hoover’s National Business Survey Conference, Mar 16, 1930
"While the crash only took place six months ago, I am convinced we have now passed the worst and with continued unity of effort we shall rapidly recover. There is one certainty of the future of a people of the resources, intelligence and character of the people of the United States - that is, prosperity." - President Hoover, May 1, 1930
"The worst is over without a doubt." - James J. Davis, Secretary of Labor, June 29, 1930
Gentleman, you have come sixty days too late. The depression is over." - Herbert Hoover, responding to a delegation requesting a public works program to help speed the recovery, June 1930
"We have hit bottom and are on the upswing." - James J. Davis, Secretary of Labor, September 12, 1930
"President Hoover has summoned Colonel Arthur Woods to help place 2,500,000 persons back to work this winter." - Washington dispatch, October 21, 1930
"I see no reason why 1931 should not be an extremely good year." - Alfred P. Sloan, Jr., General Motors Co, November 1930
"The depression has ended." - Dr. Julius Klein, Assistant Secretary of Commerce, June 9, 1931
"I believe July 8, 1932 was the end of the great bear market." - Dow Theorist, Robert Rhea, July 21, 1932
"All safe deposit boxes in banks or financial institutions have been sealed… and may only be opened in the presence of an agent of the I.R.S." - President F.D. Roosevelt, 1933
Lets compare those quotes to some made over the past few years:
"Home sales are coming down from the mountain peak, but they will level out at a high plateau — a plateau that is higher than previous peaks in the housing cycle.” - David Lereah, Chief Economist, National Association of Realtors, Dec 2005
"We may see a blip up in foreclosures and delinquencies." - Leslie Appleton-Young, Chief Economist, California Association of Realtors, Dec 15 2005
"The U.S. housing market appears to be emerging from its recent travails and the worst may well be over",Federal Reserve Chairman Alan Greenspan, Reuters release Oct 9, 2006
"The subprime mess is grave but largely contained" - Federal Reserve Chairman, Ben Bernanke May 17 2007, Speech before the Federal Reserve Bank of Chicago
"This is far and away the strongest global economy I’ve seen in my business lifetime."- Henry Paulson, US Treasury Secretary, July 12th, 2007
"The market impact of the U.S. subprime mortgage fallout is largely contained and the global economy is as strong as it has been in decades." - Henry Paulson, August 2007
"This is not a rescue" - Goldman Sachs Chief Financial Officer David Viniar after Goldman poured $3 billion into one of its hedge funds, Aug 13, 2007
"I hope you’re confident about our economy. I am." President Bush at the Robinson Helicopter Co. in Torrance, Calif, Jan 30, 2008
"Losing a job is painful, and I know Americans are concerned about our economy; so am I. It’s clear our economy has slowed, but the good news is, we anticipated this and took decisive action to bolster the economy, by passing a growth package that will put money into the hands of American workers and businesses." - President Bush on news that the economy lost 63,000 payroll jobs in February, March 7, 2008
"The worst is likely to be behind us,"- Henry Paulson, US Treasury Secretary, May 7th, 2008
"These institutions [Fannie and Freddie] are fundamentally sound and strong. There is no reason for the kind of [stock market] reaction we’re getting." - Christopher Dodd, Chair, Senate Banking Committee, Financial Post, July 12, 2008
“My first instinct was to let the market work, until I realized, being briefed by experts… It turns out that there’s a lot of interlinks through the financial system.” - President George W. Bush on $700B Treasury Department bailout plan, Sept 2008
"We think that 2009 is likely to be better than 2008." - Richard Bernstein, Chief investment strategist at Merrill Lynch, Dec 2008
"I definitely think the market is nearing the bottom" - financial writer Lita Epstein — also the author of "The Pocket Idiot’s Guide to Investing in Mutual Funds, 12 Feb 2009.
Closing:
I believe we’re merely at the beginning of this tectonic economic crisis - a parallel 1930 if you will, but with it - a massive transformation will take place - a paradigm shift that we may NEVER fully recover from.
What do I mean?
Currently we are undergoing a lack of trust between banks, people and government. As this crisis unfolds, the masses will awaken and realize they also can no longer trust Wall Street, their 401K’s, their Currency, Social Security, Gvt Promises etc…
People will eventually stop using banks, will stop investing in the markets, will flock to tangibles, will stop paying their fair taxes, will hoard food/essentials and use barter - as the country turns more "Darwinian" and barter becomes far more mainstream…
Bottom Line:
Yes, as far as time lines go, I believe this is 1930 all over again, but the outcome will likely be far more precarious…
I honestly feel that Wall Street and our banking systems are DEAD - but they just don’t realize (or if they do) believe it yet.
Once the masses awaken and these two entities are placed 6-feet under, our corrupt political leaders (with no one to kowtow to) will quickly learn that they must significantly change their ways and once again become a government of the people, by the people, and for the people - else the masses will DEMAND this change with anger, pitchforks, rope and very, very little sympathy.
Research related articles: