The New World Order Monetary System

http://www.youtube.com/watch?v=KuweZVIifTY&feature=channel_page

Destroying Companies For Profit

A new video featuring a lot of good Patrick Byrne interview footage has been uploaded, and succinctly explains the impact and mechanics of Naked Short Selling in ways that even ordinary folk can easily understand. It is a must view effort, and I encourage everyone to distribute it far and wide, and most importantly, vote for it and leave a short comment. The more votes, the greater the distribution via the host, so this is a chance to get the info out in a manner that is immediately understandable for anyone. Please take a few minutes out to view it, and then vote and comment, and get the url out to every message board and chat room you can think of.

http://current.com/items/89439340_destroying_companies_for_profit

What are TERMINATOR SEEDS??? Food Control...

Naked short selling & the super crimes of Wall Street

http://www.businessjive.com


http://current.com/items/89439340_destroying_companies_for_profit

If you ever wondered how or why a stock price suddenly drops like a rock on incredible volume, or why executives battle damaging reports in the NY financial press and in analyst reports, see this video - but only if you want to know how Wall Street really works.

Wall Street has a profitable trading strategy that it has been carefully hiding, because it involves the destruction of companies. Just recently Deutsche Bank was found by the NYSE to have been selling massive amounts of shares it did not have nor deliver over a period of 22 months. This floods the market with "shares" and sucks out investors money - unbeknown to investors - and damages the companies - the more the better. This trading scheme is called "Naked Short Selling". And it is very profitable for those who do it. The more a company goes down - the more they make.

NYSE spokesman Scott Peterson said that Deutsche Bank sold "A LOT."

But this is just one example of many instances. Wall Street firms and hedge funds carefully hide this activity because it is amoral and illegal. But it is made possible because the regulators, while they know about it, do nothing and journalists and analysts help put out the needed messages.

Companies that need access to the markets or bank on their good reputation are choked off this way. It's easy money. Collect investor money, then kill the company.


http://www.deepcapture.com/

http://www.thesanitycheck.com/Blogs/BudBurrellsBlog/tabid/84/Default.aspx

Rep. Cooper: "USA national debt is really 54 trillion"

CNBC Admits Illuminati Running America! 10/24/08

http://www.youtube.com/watch?v=2oKLAoVd4Nc

http://www.youtube.com/user/ParadoxalWorld

World Exclusive: E. Howard Hunt Details JFK-Plot on Video

World Exclusive: E.
Howard Hunt Details JFK-Plot on Video

In exclusive, never-before-seen footage, former CIA operative E. Howard Hunt discusses his knowledge of and participation in the plot to kill Kennedy in a video testimony he gave shortly before his death. Alex Jones’ upcoming film will fully analyze the CIA-shadow government coup that occurred inside the United States 45 years ago.

Rolling Stone and a few other publications have covered Hunt’s audio confession (released in April 2007), but no one has yet seen the information the infamous White House ‘plumber’ left behind to shed light on the figures involved in the plot. Here, Howard Hunt discusses LBJ, who saw Kennedy as an ‘obstacle’ to the presidency. According to Hunt, LBJ consorted with top CIA officials Cord Meyer and William K. Harvey to carry out the plot.

PART ONE:


PART TWO:


Rebels of America Blogspot

You Lose, Soros Wins

by Richard W. Rahn

Richard W. Rahn is a senior fellow in foreign policy studies at the Cato Institute and chairman of the Institute for Global Economic Growth.

This article appeared in The Washington Times on October 24, 2008.

Have you ever wondered why billionaires like George Soros financially support politicians who say they will "increase taxes on the rich"?

The answer quite simply is that the tax increases are most often put on people trying to become rich, not those already rich. Hence, the rich, big government advocates can gain far more by "buying" the politicians. The "bought" politicians then provide them with confidential information about administrative decisions, which these donors then use to place big bets in the market, making themselves much richer. If you have deep financial pockets and inside information, you can make huge amounts of money when markets drop.

Mr. Soros, the Democrats' financial angel, is often referred to as the "man who broke the bank of England" in the 1992 Sterling crisis. During that episode, he made $1 billion in one day at the expense of British taxpayers. The relevant question is, did Mr. Soros bet a couple of billion dollars on mere guesses of what the German, French and British officials would do, or did he have inside information?

A member of the British Parliament, who was a close adviser to the British chancellor at the time, told me he believes "Soros was acting on insider information obtained from the French central bank and the German Bundesbank." The insider information was that they would not support the British pound, despite a pre-existing arrangement to do so. Others familiar with the situation have made similar charges.

Given that Mr. Soros is no fool, the British believe it is highly doubtful he would have made such a colossal bet without knowing with great certainty that the Germans would not reduce their interest rate.

Mr. Soros has a reputation for trading on confidential information obtained from political sources. For instance, he was convicted by a French court of having insider knowledge about a takeover attempt of a major French bank. His conviction was upheld in 2006, and he had to pay a multimillion-dollar fine.

The hypocrisy of George Soros is often noted. He is a man who voices many left-wing and even socialist ideas and has been a major critic of the United States for years. Yet, his actions in his own financial interest, using highly questionable tactics and insider information, have made him billions. His modus operandi is to do political favors for left-wing politicians and then use them for his own advantage

For example, he gained influence with left-wing forces in the United Nations and with anti-U.S. groups by paying for a $10 million townhouse for Mark Malloch-Brown (now a lord and a U.K. Foreign Office minister) to use as the latter's home. Baron Malloch-Brown was former U.N. Secretary-General Kofi Annan's deputy and spent much time voicing Mr. Soros' anti-American statements. Capital Research Center has done extensive reporting on the activities of George Soros.

Mr. Soros is often referred to as the man who owns the Democratic Party because of his huge contributions to party committees and individual politicians. It is known that many of his Wall Street friends have been major donors to key Democratic committee chairmen and members in the House and Senate.

As recently as this past spring, House Financial Services Committee chairman Barney Frank, Massachusetts Democrat, and Senate Banking, Housing, and Urban Affairs Committee chairman Chris Dodd, Connecticut Democrat, were claiming both Fannie Mae and Freddie Mac (for which they had oversight responsibility) were fiscally sound and needed no additional regulation. At the same time, many independent financial experts were sounding the alarm about these two government-sponsored behemoths.

It would be in the public interest to know which members of the Democratic leadership, members of Congress, and their financial contributors were selling shares of (or shorting) Fannie Mae and Freddie Mac this year, and of other financial institutions overseen by the congressional Democrats. (Note: In the private sector, if someone with insider knowledge - as Mr. Frank and Mr. Dodd had access to - makes misrepresentations about the health of a company, that person is subject to criminal penalties.) The press should demand full disclosure before Election Day, given the hundreds of billions of dollars the misrepresentations by Messrs. Frank, Dodd, etc. are costing taxpayers.

Note that the Bush administration's ill-thought-out "bailout" scheme was both greatly altered and then endorsed by the congressional Democrats, in part, it appears, because it will give even more opportunities for profit-making by Democratic financial supporters. The forced, partial (and probably unconstitutional) nationalization of the big banks by the seemingly unprincipled Bush Treasury will provide many opportunities for self-dealing politicians and their financial supporters when it comes time to sell the government stakes.

Those who bet against the foolish policies and actions of governments provide a public service by exposing the stupidity, provided they are not using inside information given them from politicians and other government officials. But when people like George Soros and other big financial backers of politicians use confidential inside information or their ability to manipulate the political class for their own ends, it hurts everyone else. The larger the government and the more discretion government officials have regarding issues that can damage or benefit private parties, the more opportunities there will be for abuse and corruption.

If Barack Obama wins with big Democrat majorities in the House and Senate, you know from their statements that they will increase capital gains and business taxes. But they have already said, there "will be exceptions," - which will be worth billions of dollars to those with prior knowledge of what the exceptions will be. Who do you think will have that prior knowledge?

Ring of Power - Part 2

David Icke:"The Biggest Secret"(Full E-Book)

..David Icke - The Biggest Secret (the Book That Will Change the World) - Upload a Document to Scribd....

Liberty and Economics - Ludwig von Mises

Blatant Banker Manipulation Of Gold Prices

Blatant Banker Manipulation Of Gold Prices
One ounce bullion still being sold $200-300 above spot value, proving official spot price is divorced from reality

Despite the dramatic fall in gold prices from Friday’s high of around $930 an ounce to today’s current low of $830, sales of actual physical gold continues to trade for anything up to $300 over spot price, proving again that official COMEX gold future numbers are completely divorced from reality and banker manipulation is rife.


Panic buying of physical gold has gripped Europe as consumers fear their savings accounts are no longer safe in light of numerous bank failures, prompting dealers to run dry on gold bullion which in turn is driving up premiums.


Since buyers are finding it near impossible to get gold bullion from recognized dealers, many are turning to Ebay where auctions for one ounce Krugerrands and Maple Leafs are fetching anything up to £150 ($260) over spot price.

Over the weekend, when gold was around £500 an ounce, a Krugerrand went for £645.75.
A one ounce bullion bar, with nearly 3 days of the auction still to run, has already attracted a bid of £670 - a whopping $336 above current spot price, despite the fact that bars are usually subject to lower premiums than gold coins.

Respected bullion dealers who charge lower premiums because they are able to buy gold in bulk are still slapping customers with $150+ premiums - and judging by the continued dearth of one ounce coins such as the American Eagle and the Austrian Philharmonica - people are perfectly willing to pay the exorbitant premiums.


The true value of gold is what people are prepared to pay to obtain it, and judging by that criteria, the actual value of gold is currently around $1,100 an ounce based on a conservative estimate.


The official spot price of gold is currently around $830, but this merely represents a rush by investors to sell their paper contracts in search of liquidity and as a means of jumping back on the stocks and shares bandwagon.

As Alex Wallenwein at The Market Oracle points out, “Gold is gold, paper is paper, and “Comex gold” is nothing but paper masquerading as gold while simultaneously pretending to be the price-setting medium for actual gold in the world. Now, finally, Comex-gold is in the process of being unmasked.
”

“Real investors in real gold are enjoying their shopping spree – except that the spree turned into a treasure hunt as the shelves and display cases of gold dealers look more and more like the supermarket shelves in the old Soviet Union - bare.
”

“With this split, this disconnect, between Comex illusion and gold reality, one thing or the other will have to give, and it won’t be physical gold that gives.
”

Numerous fund managers and top investors like Jim Rogers are now predicting that global central banks’ insistence on printing their way out of economic turmoil is setting the stage for a hyperinflationary holocaust, a knock-on effect of which will be gold’s acceleration towards $2,000.

But as many have pointed out, gold price manipulation is rife as central banks desperately attempt to stem the flight from paper currencies into gold, a process that anecdotal evidence strongly suggests is happening across Europe at an alarming pace.

Prison Planet

Rebels of America Blogspot

Aldous Huxley’s Mind Control and Depopulation Interview

WALLACE: This is Aldous Huxley, a man haunted by a vision of hell on earth. A searing social critic, Mr. Huxley 27 years ago, wrote Brave New World, a novel that predicted that some day the entire world would live under a frightful dictatorship. Today Mr. Huxley says that his fictional world of horror is probably just around the corner for all of us. We’ll find out why, in a moment.







Rebels of America Blogspot

If it graduated from an "ivy league" university, then it's probably a PARASITE living ENTIRELY off of EVERYONE ELSE'S LABOR!!

A HISTORY OF JURY NULLIFICATION

http://www.isil.org/resources/lit/history-jury-null.html

"If a juror accepts as the law that which the judge states, then that juror has accepted the exercise of absolute authority of a government employee and has surrendered a power and right that once was the citizen's safeguard of liberty."
(1788) (2 Elliots Debates, 94, Bancroft, History of the Constitution, 267)

"Jury nullification of law," as it is sometimes called, is a traditional right that was rigorously defended by America's Founding Fathers. Those great men, Patriots all, intended the jury to serve as a final safeguard – a test that laws must pass before gaining sufficient popular authority for enforcement. Thus the Constitution provides five separate tribunals with veto power – representatives, senate, executive, judges – and finally juries. Each enactment of law must pass all these hurdles before it gains the authority to punish those who may choose to violate it.

Thomas Jefferson said, "I consider trial by jury as the only anchor yet imagined by man, by which a government can be held to the principles of its constitution."

From Magna Carta To Edward Bushell

The power of the jury to judge the justice of the law and to hold laws invalid by a finding of "not guilty" for any law a juror felt was unjust or oppressive, dates back to the Magna Carta, in 1215. At the time of the Magna Carta, King John could pass any law any time he pleased. Judges and executive officers, appointed and removed at his whim, were little more than servants of the King. The oppression became so great that the nation rose up against the ruler, and the barons of England compelled their king to pledge that he would not punish a freeman for a violation of the law without the consent of his peers.

King John violently protested when the Magna Carta was shown to him, and with a solemn oath protested, that "he would never grant such liberties as would make himself a slave." Afterwards, fearing seizure of his castle and the loss of his throne, he reluctantly signed the Magna Carta – thus placing the liberties of the people in their own safe-keeping. Echard's History of England, p. 106-107 [Spooner])

The Magna Carta was a great step forward in the control of tyrannical leaders. But its sole means of enforcement, the jury, was often met with hostility. By 1664 English juries were routinely being fined for acquitting defendants. Such was the case in the 1670 political trial of William Penn, who was charged with preaching Quakerism to an unlawful assembly. Four of the twelve jurors voted to acquit – and continued to acquit even after being imprisoned and starved for four days. Under such duress, most jurors paid the fines. However, one juror, Edward Bushell, refused to pay and brought his case before the Court of Common Pleas. As a result, Chief Justice Vaughan issued an historically-important ruling: that jurors could not be punished for their verdicts. Bushell's Case (1670) was one of the most important developments in the common-law history of the jury.

Jurors continued to exercise their power of nullification in 18th-century England in the trials of defendants charged with sedition, and in mitigating death-penalty cases. In the American Colonies, jurors refused to enforce forfeitures under the English Navigation Acts. The Colonial jurors' veto power prompted England to extend the jurisdiction of the non-jury admiralty courts in America beyond their ancient limits of sea-going vessels. Depriving "the defendant of the right to be tried by a jury which was almost certain not to convict him [became] . . . the most effective, and therefore most disliked" of all the methods used to enforce the acts of trade.
(Holdsworth, A History of English Law (1938) XI, 110)

John Hancock, "the wealthy Massachusetts patriot and smuggler who as President of the Continental Congress affixed his familiar bold signature to the Declaration of Independence" was prosecuted via this admiralty jurisdiction in 1768 and fined £9,000 – triple the value of the goods aboard his sloop "Liberty" which had been previously forfeited. (U.S. v One 1976 Mercedes Benz 280S 618 F2d 453 [1980])

John Adams eloquently argued the case, chastising Parliament for depriving Americans of their right to trial by jury. Adams later said of the juror, "it is not only his right, but his duty – to find the verdict according to his own best understanding, judgment, and conscience, though in direct opposition to the direction of the court." (Yale Law Journal, 1964:173)

Earlier in America, jury nullification decided the celebrated seditious libel trial of John Peter Zenger. (Zenger's Case, 1735) His newspaper had openly criticized the royal governor of New York. The current law made it a crime to publish any statement (true or false) criticizing public officials, laws or the government in general. The jury was only to decide if the material in question had been published; the judge was to decide if the material was in violation of the statute.

Zenger's defense asked the jury to make use of their own consciences and, even though the judge ruled that the truth was no defense, they acquitted him. The jury's nullification in this case is praised in history textbooks as a hallmark of freedom of the press in the United States.

At the time of the American Revolution, the jury was known to have the power to be the judge of both law and fact. In a case involving the civil forfeiture of private property by the state of Georgia, first Supreme Court Justice John Jay, instructed jurors that the jury has "a right to determine the law as well as the fact in controversy." (Georgia vs. Brailsford, 1794:4)

The Fugitive Slave Law

Until the middle of the 1800s, federal and state judges often instructed the juries they had the right to disregard the court's view of the law. (Barkan, citing 52 Harvard Law Review, 682-616) Then, when northern jurors began to refuse to convict abolitionists who had violated the 1850 Fugitive Slave Law, judges began questioning jurors to find out if they were prejudiced against the government's position and dismissed any who were. In 1852 Lysander Spooner, a Massachusetts lawyer and champion of individual liberties, complained "that courts have repeatedly questioned jurors to ascertain whether they were prejudiced against the government. ... The reason of this ... was that 'the Fugitive Slave Law, so called' was so obnoxious to a large portion of the people, as to render a conviction under it hopeless (if the jurors were taken indiscriminately from among the people)." Modern treatments of abolitionism praise these jury-nullification verdicts for the role they played in helping the anti-slavery cause – rather than condemning them for "undermining" the rule of law and the uniformity of justice.

Labor Versus Big Business

In 1895, the Supreme Court, under pressure from large corporations, rendered in a bitter split decision that courts no longer had to inform juries they had the power to veto an unjust law. The giant corporations had lost numerous trials against labor leaders trying to organize unions. Striking was against the law at that time. "Juries also ruled against corporations in damage suits and other cases, prompting influential members of the American Bar Association to fear that jurors were becoming too hostile to their clients and too sympathetic to the poor. As the American Law Review wrote in 1892, jurors had 'developed agrarian tendencies of an alarming character.'..." (Barkan, Jury Nullification in Political Trials, 1983)[emphasis added]

Prohibition

Despite the courts refusal to inform jurors of their historical veto power, jury nullification in liquor-law trials was a major contributing factor in ending alcohol prohibition. (Today in Kentucky, jurors often refuse to convict under the marijuana-prohibition laws).

As time went on fewer incidences of jury-veto actions occurred as the courts began concealing jurors' rights from American citizens and falsely instructing them that they may consider only the facts as admitted by the court. Researchers in 1966 found that jury nullification occurred only 8.8 percent of the time between 1954 and 1958, and suggested that "one reason why the jury exercises its very real power [to nullify] so sparingly is because it is officially told it has none." (California's charge to the jury in criminal cases is typical: "It becomes my duty as judge to instruct you concerning the law applicable to this case, and it is your duty as jurors to follow the law as I shall state it to you . . . You are to be governed solely by the evidence introduced in this trial as the law as stated to you by me.") Today, no officer of the court is allowed to tell the jury of their veto power.

The Vietnam War

Counsels for Vietnam War protest defendants tried to introduce moral and political arguments on the war to gain jury sympathy. Most often the jury was given instructions such as "You must apply the law that I lay down." (Conspiracy trial of Benjamin Spock et al., 1969) Jurors receiving such instructions usually convicted, while feeling the pang of conscience expressed by the typical responses from Spock trial jurors: "I had great difficulty sleeping that night – I detest the Vietnam War. ... But it was so clearly put by the judge." And "I'm convinced the Vietnam War is no good. But we've got a Constitution to uphold. ... Technically speaking, they were guilty according to the judge's charge." But in the few anti-Vietnam war trials where juries were allowed to hear of their power, they acquitted.

Jury acquittals in the colonial, abolitionist and post-Civil War eras helped advance political activist causes and restrained government efforts at social control. Legal scholar Steven Barkan suggests that the refusal of judges during the Vietnam War to inform juries of their power to disregard the law frustrated the anti-war goals.

As Lysander Spooner pointed out regarding the questioning of jurors to eliminate those who would bring in a verdict according to conscience (a practice effectively accomplished today through the juror's oaths and voir dire) "The only principle upon which these questions are asked, is this – that no man shall be allowed to serve as juror unless he be ready to enforce any enactment of the government, however cruel or tyrannical it may be. ... A jury like that is palpably nothing but a mere tool of oppression in the hands of the government."

Those whose interests lie in maintaining government control of social behavior may argue that the Constitution provides the necessary protection of liberties. But legislative bodies will always confirm the constitutionality of their own acts. And the oaths sworn to uphold the Constitution by judges and public servants have historically been only as good as the power to enforce such oaths. Nor are free elections adequate to prevent tyranny without jury veto power, because elections come only periodically and give no guarantee of repealing the damage done. Additionally, the second body of legislators are likely to be as bad as the first, since they are exposed to the same temptations and use the same tactics to gain office.

Protecting Minorities From The Majority

Further, the jury's veto power protects minorities from "the body of the people, operating by the majority against the minority." (James Madison, June 8, 1789) Twelve people taken randomly from the population will represent both friends and opponents of the party in power. With fully-informed juries, the government cannot exercise its powers over the people without the consent of the people. Trial by jury is trial by the people. When juries are not allowed to judge law, it becomes trial by the government. "In short, if the jury have no right to judge of the justice of a law of the government, they plainly can do nothing to protect the people against the oppressions of government; for there are no oppressions which the government may not authorize by law." (Lysander Spooner,"Jury Power" by L. & J. Osburn)

******************************************

For more information on
The Fully Informed Jury Association contact:

FIJA, P.O. Box 5570, Helena, MT 59604
Tel: (406) 442-7800.
Web site: www.fija.org

This pamphlet was revised June 2001. It is part of ISIL's educational pamphlet series. Click here for the full index of pamphlets online.

All ISIL educational pamphlets are available in hard copy for 5¢ each. Click here for the ISIL Store.

Ron Paul Warns of Violence @ Recent John Birch Society Speech

Conscious Media Network Interview with David Icke

http://www.consciousmedianetwork.com/members/dicke4.htm

Straight from their OWN library -- Why our American-"israeli" dual-citizen neocons are psychopaths

The Other Israel

Hal Turner Shows New AMERO Currency

Zeitgeist: ADDENDUM

Soros Shuts Down SNL Skit

9/11 The explosive reality

http://video.google.com/videoplay?docid=5481842742632193840&q=explosive+reality&total=139&start=0&num=10&so=0&type=search&plindex=0

The People Betrayed By The Government

http://www.afterdowningstreet.org/node/36605

By William Cox

On this date, October 3, 2008, the American people were betrayed by those whom they had elected to represent them. The members of Congress who voted for the Wall Street "bailout" violated their oath of office to "support and defend the Constitution" ... "that I will bear true faith and allegiance to the same" ... "and that I will well and faithfully discharge the duties of the office on which I am about to enter: ..."

Without holding any meaningful hearings or public discussions and listening only to those most responsible for the economic disaster, Federal Reserve Board Chairman Ben Bernanke and Treasury Secretary Henry Paulson, Congress abdicated its responsibility to the American people.

Locking out most members from all discussions, the congressional "leadership" emerged from their backrooms with legislation that grants Secretary Paulson the ability to spend at least $700 billion to "take such actions as [he] deems necessary" ... " to promote financial market stability."

Entrusting tremendous political and financial power (and a ton of borrowed money that taxpayers will have to repay with interest) into Paulson’s sole discretion, members of Congress must have been aware that, prior to his cabinet appointment in 2006, Paulson worked for 32 years at Goldman Sacks, one of the Wall Street firms that stands to benefit greatly from his "actions."

Paulson, who cashed out his Goldman stock valued at $575 million to become the Secretary of Treasury (without having to pay any taxes on the sale), earned more than $53 million in pocket change during just his last two years at Goldman Sacks for innovations such as a new line of "Mortgage Backed Securities." Gambling more than a trillion dollars on risky subprime second mortgages, Paulson cleverly converted them into AAA-rated "secure" investments by purchasing guarantees from the American International Group.

AIG, coincidentally, was just "bailed out" two weeks ago by Secretary Paulson for $85 billion (of borrowed money that taxpayers will have to repay with interest), averting a devastating loss by Goldman Sacks, who was holding more than $20 billion in otherwise worthless second mortgages.

Is it surprising that Lloyd Blankfein, Goldman’s current CEO, was present with Paulson when the decision was made to bailout AIG?

The bailout’s $700 billion price tag is only an arbitrary guess by Paulson and is most likely just the first installment of many more to come. Other economists, with more successful track records, believe the total will be much greater, perhaps $5 trillion, as concealed losses are uncovered and foreign companies dump their toxic investment waste into their American offices.

In passing the "Emergency Economic Stabilization Act of 2008," Congress ignored the "great concern" expressed by almost two hundred of the nation’s leading economists who pleaded with Congress "not to rush, to hold appropriate hearings, and to carefully consider the right course of action,..." In addition to its ambiguity and long-term effects, the economists believed the bailout plan to be "a subsidy to investors at taxpayers’ expense" and to be "desperately short-sighted." Ultimately, more than 400 top economists, including two Nobel Prize winners, voiced opposition to the bailout.

The economists were not alone in being ignored by the politicians. It is widely reported that calls and emails to Congress from constituents were running as high as 300 to one against the bailout. Mike Whitney reports one analyst saying that "the calls to Congress are 50 percent ‘No’ and 50 percent ‘Hell, No’." The percentages adjusted as the stock market tumbled, but public opposition to the bailout remains strong.

An AP poll only identified 30 percent of the public in favor of the bailout, and a CNN Money opinion poll found 77 percent of the people believing the bailout would benefit those most responsible for the economic downturn.

Who Benefits?

The Latin adage, Cui bono, asks "to whose death are you going?" Law enforcement investigators quickly learn that the guilty party can usually be found among those who stand to gain from a murder or other crime.

There is no doubt the bailout will most benefit some of the richest and highest paid individuals in the American economy. But, why did the politicians betray the wishes of those who elected them in favor of the criminals who committed the fraud? Perhaps the answer can be found in another Latin phrase, quid pro quo, meaning "what for what; something for something."

Individuals working for Wall Street finance, insurance and real estate companies and the companies’ political action committees have contributed more than $47 million to the campaigns of Senator Obama (three of top five sources) and Senator McCain (top five sources), both of whom voted for the bailout.

More to the point, Wall Street has contributed more than $1.1 billion dollars to congressional candidates since 2002. Nine of the top ten House recipients of Wall Street largesse, who each received an average of $1.5 million, are on the financial oversight and taxation committees.

Even more telling, the bipartisan Congressional "leaders" most responsible for pushing the bailout through Congress, Senators Dodd and Gregg and Representatives Frank and Blunt have taken almost $20 million from Wall Street sources during the last 20 years. Dodd recently received $6 million in contributions during his presidential primary campaign, and Frank has collected $720,000 this year.

Other key players also have been well compensated this year: Congressman Kanjorski received $755,000 and Congressman Bachus banked $704,000.

Who Loses?

The ordinary, hard-working voters, who were opposed to the bailout, and their children and grandchildren, will be the ones who will ultimately have to repay, with compound interest, the money that will have to be borrowed to give away to Wall Street bankers.

The bailout was "sweetened" in the Senate by another $110 billion in tax relief and renewable energy incentives to get enough House votes for passage; however, only the temporary one-year slowdown of the Alternative Minimum Tax offered any succor to the middle-class workers affected by it.

The bailout raises the debt ceiling to $11.3 trillion, or about $37,524 for each man, woman and child in the United States. How is this burden ever going to be repaid? Workers already know their wages are falling, their jobs are at risk, their health care, food and fuel costs are skyrocketing, and they are being kicked out of their apartments and homes because they can’t pay the rents and mortgages.

Didn’t each member of Congress have a sworn duty to rescue the millions of Americans suffering from the reckless gambling of Wall Street moguls, rather than to reward an obscene excess of greed?

Foreclosure Rescue. At least six million homeowners will probably default on their mortgages this year and next, and millions more will have their equity wiped out by declining property values. More than 770,000 homes have been seized by lenders since 2007, and 91,000 families were just kicked out of their homes in August.

These American homeowners were betrayed by their elected representatives!

The only provision in the bailout legislation to remotely "benefit" homeowners whose homes are being foreclosed upon only "encourages" mortgage service companies to modify mortgages. Paulson is required to "maximize assistance for homeowners ... and minimize foreclosures"; however, he also has to ensure that the government doesn’t incur any additional costs. Thus, there’s little or no hope of any meaningful benefit to distressed homeowners resulting from the bailout.

The legislation could have required the government to directly purchase the defaulting mortgages and to adjust them to the reduced value of the property, as was done in the Great Depression. Instead, Paulson is authorized to purchase the complex derivatives (Wall Street’s gambling debts) piled on top of the original mortgages. The difference is whether homeowners or Wall Street receives the benefit of the bailout.

Bankruptcy Rescue. More than 4,476 Americans filed for bankruptcy every day during August, the highest number since changes in the law in 2005 made it much more difficult, and even impossible in many cases, to obtain debt relief. More than a million, increasingly elderly, people will petition for bankruptcy this year.

These destitute Americans were betrayed by their elected representatives!

Under the current law, bankruptcy judges do not have the power to modify mortgages of a petitioner’s primary residence, irrespective of how the mortgages have been sliced, diced and repackaged. The bailout could have provided judges with the authority, in appropriate cases, to adjust the amount secured by the mortgage to the value of the property and to adjust the interest rate to a reasonable percentage.

Unemployment Rescue. New claims for unemployment benefits rose to 493,000 last week, the highest level in seven years. The economy has already lost 605,000 jobs thus far this year, and it dumped 159,000 payroll jobs just during September, the greatest drop in five years.

These unemployed Americans were betrayed by their elected representatives!

Although the House of Representatives passed an economic stimulus bill that would fund job creation and extent jobless benefits for long-term unemployed workers on September 26th, the Senate failed to pass its own stimulus bill on the same day. President Bush has promised to veto the legislation if passed.

The bailout legislation could have provided for an extension of jobless benefits, but it didn’t.

Homeless Rescue. More than 750,000 and as many as a million Americans are homeless today, and the numbers are increasing dramatically. The National Coalition for the Homeless reports that homelessness is growing because of foreclosures, loss of jobs, and the rising price of fuel and food.

These homeless Americans were betrayed by their elected representatives!

Homeless sites are appearing all across the country as people with no place to stay are pitching tents and huddling together for support and protection. Their plight did not receive any consideration by the Congressional leadership that rammed the bailout through Congress.

Hunger Rescue. The most recent report by the Department of Agriculture found that in 2006, 35.5 million Americans lived in households with insecure food supplies and the numbers were increasing. At risk children numbered more than 12.6 million, and African Americans and Hispanic Americans suffered at higher rates than the national average.

In 2006, 9.6 million Americans had to frequently skip meals or eat too little, and often had to go without food for a whole day. Today, as members of Congress voted to reward the richest and most greedy members of our society, they ignored those without the most basic necessity for survival. This morning, they rewarded the most powerful and best-fed members of our society, and gave no thought to the helpless children who will go to bed hungry tonight.

Food banks who serve as the last resort for the hungry are running out of food. They are having to reduce rations and to dip into emergency supplies of staple items. There are reports of a 40 percent increase in requests for food assistance and a 30 percent drop in supplies.

These hungry Americans were betrayed by their elected representatives!

The bailout could have increased the amount of federal assistance for food banks in the Emergency Food Assistance Program, but it didn’t.

The Consequences

The real estate bubble that has been driving the United States economy has now popped, and there is no replacement engine to transport America’s consumer society down the highway to happiness. Americans are facing the mother of all depressions; it will be hard and it will last a long time.

What are all of these homeless, hopeless, and hungry people going to do?

Many have already exercised their First Amendment right to petition their government for the redress of grievances. A majority of the members of Congress, the two presidential candidates, and the President paid no attention to the economic experts and the thousands and thousands of voters who protested the bailout and who begged them to rescue the people rather than the rich and powerful.

The people can always take to the streets in protest, and they probably will do so in growing numbers as the economic circumstances become more harsh.

The U.S. government is already planning for the eventuality – not with the helping hand of supplemental legislation to help with mortgages, jobs, shelter or food, but with the mailed fist of military suppression. The Army Times reports the current deployment within the United States "homeland" of an "on-call federal response force for natural or manmade emergencies or disasters, including terrorist attacks." The Army acknowledges that the Northern Command may call upon the 3rd Infantry Division’s 1st Brigade Combat Team to help with "civil unrest and crowd control."

With almost a trillion dollars picked from their pockets to reimburse reckless Wall Street gamblers, many Americans righteously feel betrayed tonight. A majority will elect a new president one month from tomorrow, and most will wait to see who it will be, and what if anything he can or will do to alleviate their suffering.

There are others, undoubtedly, who agree with the Supreme Court’s recent decision that the Second Amendment right to bear arms is individually held, and who believe that the use of their personal weapons is justified to overthrow a government that betrays them and which destroys their very means of existence. The right of legitimate self defense is recognized by every criminal law in America.

Perhaps democracy in the United States is not dead; if not, it’s on its deathbed. Resuscitation in the form of responsible representation is possible, but time is growing short.

William John Cox is a retired supervising prosecutor for the State Bar of California. As a police officer he wrote the Policy Manual of the Los Angeles Police Department and the Role of the Police in America for a national advisory commission. Acting as a public interest, pro bono lawyer, he filed a class action lawsuit in 1979 on behalf of every citizen of the United States petitioning the Supreme Court to order the other two branches of the federal government to conduct a National Policy Referendum; he investigated and successfully sued a group of radical right-wing organizations in 1981 that denied the Holocaust; and he arranged in 1991 for publication of the suppressed Dead Sea Scrolls.

His 2004 book, You’re Not Stupid! Get the Truth: A Brief on the Bush Presidency is reviewed at http://www.yourenotstupid.com, and he is currently working on a fact-based fictional political philosophy. His writings are collected at http://www.thevoters.org, and he can be contacted at u2cox@msn.com

Wall Street Bailout Cartoons

Americans Could Freeze to Death This Winter

The Long Emergency: Surviving Catastophies of the 21st Century - James Howard Kunstler


Gas shortage persists in Southeastern US Sept 30 2008


*********************************************************
GOVERNOR: PEOPLE COULD FREEZE TO DEATH
*********************************************************



WHYN AM
Friday, September 26, 2008

http://www. whynam560. com/cc-common/news/sections/newsarticle. html?feed=189062&article=4304667

(AP) Governor Patrick says there's a real possibility that people in America could freeze to death this winter due to the soaring cost of home heating fuel. Patrick met with members of the Massachusetts congressional delegation on Capitol Hill and later testified before a House panel on the need for heating aid in cold-weather states.

Patrick said the cost of heating a home -- whether by electricity, gas or oil -- is expected to cost between 20 and 31 percent more than a year ago. He said that will have an impact on many families, and not just those who are defined as low-income.

The House has approved legislation to double the government's Low Income Home Energy Assistance Program to 5.1 billion dollars for the coming winter. According to the Associated Press, Massachusetts would receive 163 million dollars under the plan, an increase of 36 million dollars from the last fiscal year. The Senate must still sign off on the measure. Meantime, Maryann Covalanski, who runs the Springfield Fuel Assistance Program says that it will help...but even more is needed.

The myth of Abraham Lincoln's national unity

The myth of "national unity" had to be invented in order to disguise this monopoly of power and its tyrannical implications. Furthermore, this myth had to become part of America’s new "civil religion" along with the legend of Abraham Lincoln and various other tall tales that would be taught to generations of school children. The very first effort with regard to the creation of the myth of national unity was to write the Official History of America in the 1860s in a way that suggested there was national unity in the Northern states when they waged total war on their fellow citizens in the Southern states, killing some 350,000 of them, including 50,000 civilians according to James McPherson. After 150 years this myth had become so ingrained in the American mind that when the Washington Post reviewed the Martin Scorsese movie "Gangs of New York," which included a scene about the New York City draft riots of 1863, the reviewer expressed astonishment to learn that this was actually a real event. "We were all taught in school that there was national unity during the civil war," he said in amazement.

Well, yes we all were. But it doesn’t take much digging to destroy the myth. As a start, I would recommend the book Desertion During the Civil War by Ella Lonn, first published in 1928 and re-published in 1998 by Bison Books. In the 1998 introduction the author, William Blair, writes that "public memory considers the war largely a popular one, with a united public supporting its loyal fighting men who sacrificed all for the cause." But Professor Lonn, who taught at Goucher College in Baltimore, proves that this "public memory" is all a lie by documenting that some 200,000 Northern men, one out of seven in the entire U.S. Army, deserted. Her "perfect source," says Blair, was the U.S. government publication, The War of the Rebellion: Official Records of the Union and Confederate Armies.

Professor Lonn caused quite a stink in her day, as one would expect. Not only did she document massive desertion in the Union army, but she also portrayed "the Southern cause as attempting to win independence from an oppressive, centralized government," writes William Blair. Nevertheless, her book was still very well received. Totalitarian political correctness had not yet infected all of American society as it does today.

How and why tens of thousands of Northern men said "no" to Lincoln’s military invasion of his own country in the name of "national unity" is told in chapter and verse. Some men "deliberately enlisted in the Union forces in order to be carried South on to Confederate soil in order more easily to cross the lines and join the Confederates." In the border states about half of the men in the U.S. Army deserted. Many took advantage of sick leave and furloughs to leave the army for good. An entire Pennsylvania regiment simply refused to go to West Virginia when ordered. After being coerced onto a train, over 100 of them jumped off. Many Northern men refused to cross their state lines, seeing it as a violation of their enlistment agreements, and eventually deserted.

There were thousands of "bounty jumpers" who, because of "the large and numerous bounties given to volunteers," were induced "to desert for the purpose of reenlisting, or to enlist when the recruit knew that he had no intention of remaining in the field." Many of the bounty jumpers were from "the large Eastern cities" where many of the men in the Union Army were "raked in" by the Lincoln regime despite the fact that they were "criminals, bullies, pickpockets, and vagrants." A great many of them "enlisted under fictitious names, such as Abe Lincoln, Johnny Boker, or Jim Crow."

There were also secret organizations in the Northern states that discouraged enlistment (Lincoln's abolition of free speech in the North required secrecy of all dissenters to the war). "The existence of disloyal organizations through the North is notorious," wrote Professor Lonn. The massive desertions by Union solders were "disgusting to the rebels themselves," wrote one Union soldier.

Although General McClellan had 180,000 men on his official roster prior to the Battle of Antietam (a.k.a., Sharpsburg), he had no more than 90,000 during the battle itself, Professor Lonn remarks. General Sherman reported 70,000 men missing during the Battle of Shiloh.

In June of 1862 General Buell reported from Tennessee that 14,000 officers and soldiers were "absent" from his command. When General Hooker took command of the Army of the Potomac in January of 1863, "desertions were occurring at the rate of several hundred a day." About 25 percent of his army was "absent" according to the Official Records. There was still massive desertion taking place as late as the spring of 1865.

"Tender-hearted" Lincoln oversaw a government in which "executions [of deserters] were taking place almost daily in the Army of the Potomac." General Halleck complained to Lincoln that "hundreds of officers were almost continually absent from their commands" and that about 200 more were absent without leave every month.

According to the Official Records there were 100,000 deserters from the Union Army in 1862 alone. When General Hooker took control of the army he found that 2,923 commissioned officers were missing along with 82,188 non-commissioned officers and privates. General Halleck computed that one-third of the entire army was "absent." The largest numbers of deserters were from New York, followed by Pennsylvania, Ohio and New Jersey.

Among the methods used by Union soldiers to desert were: taking advantage of the confusion of battle; purposeful capture by the Confederates; escaping while on the march; jumping from trains; riding off on their cavalry horses; deserting the picket line; hiding in suttler’s wagons; pretending to be teamsters; and posing as telegraph repairmen.

Once the conscription law was passed and enforced in 1863, draftees were "held like veritable prisoners . . . so as to prevent their untimely departure." They were enslaved, in other words. The kind, gentle, tender-hearted, and long-suffering Lincoln ruled over a government "that had no compunctions about shooting or hanging deserters" who "resisted arrest." After a cabinet meeting on February 3, 1863 at which desertion was discussed, General Hooker temporarily "repressed desertion" with mass executions of deserters in front of the troops. "Why did they not begin this process long ago?" questioned General Meade.

The mass murder of deserters apparently achieved Nazi-like efficiency. "A gallows and shooting-ground were provided in each corps and scarcely a Friday passed during the winter of 1863–64 that some wretched deserter did not suffer the death penalty in the Army of the Potomac." Moreover, "the death penalty was so unsparingly used that executions were almost daily occurrences in most of the armies."

Soldiers were forced to watch these daily executions of their friends and comrades in the form of an official ceremony. "The condemned men marched out between the two ranks of the regiment, preceded by the musicians, playing a funeral march. The provost guard, as an escort, carried the coffin. The victim was conducted to the edge of the grave, which had already been dug. After the sentence was read, he was seated, blindfolded, and placed upon a board at the foot of the open coffin, into which he fell backwards when the firing squad had discharged its sad duty." The "method of execution" was "generally shooting [but] hanging seems to have been used occasionally."

Even Professor Lonn herself was apparently deceived during her education by the myth of national unity. "It is hard for us today to realize," she wrote, "how much disunion and division of sentiment there was in the North during the war."

Taken from Lewrockwell.com

Pay close attention at exactly 4 min. 22 sec. into the video

Economist Michael Hudson, author of "Super Imperialism," believes that this entire bailout scheme could be a once in a century rip-off.

Globalization in a nutshell

Money Masters producer on economic meltdown - Interview

Representatives Kaptur and De Fazio had introduced a better alternative plan

Does the Bailout Bill Mark the End of America as We Know It?

http://www.afterdowningstreet.org/node/36545

.

The Derivatives Market is Unwinding

http://georgewashington2.blogspot.com/2008/06/derivatives-market-is-unwinding.html

4-min video on the Coming Economic Collapse

Empire of the City Part 2 of Ring of Power

http://video.google.com/videoplay?docid=-4430543376785758889&ei=evHaSNHEIZzYqAOf3ISNCw&hl=en

NO TO THE PAULSON-BERNANKE DERIVATIVES BAILOUT

http://www.republicmedia.tv/index.php?option=com_content&task=view&id=397&Itemid=1

Bailout: Biggest Financial Rip-Off Of All Time

Here is one original take on the current economic crisis. Economist Michael Hudson, author of "Super Imperialism," believes that this entire bailout scheme could be a once in a century rip-off. Hudson argues that the real emergency is more for the rich, and that the threat of the bailout is that if it moves forward, it could end up collapsing the dollar.

USA Military Officers Challenge Official Account of September 11, 2001

Pakistan Daily – May 22, 2008

Twenty-five former U.S. military officers have severely criticized the official account of 9/11 and called for a new investigation. They include former commander of U.S. Army Intelligence, Major General Albert Stubblebine, former Deputy Assistant Secretary of Defense, Col. Ronald D. Ray, two former staff members of the Director of the National Security Agency; Lt. Col. Karen Kwiatkowski, PhD, and Major John M. Newman, PhD, and many others. They are among the rapidly growing number of military and intelligence service veterans, scientists, engineers, and architects challenging the government’s story. The officers’ statements appear below, listed alphabetically.

Lt. Col. Robert Bowman, PhD "A lot of these pieces of information, taken together, prove that the official story, the official conspiracy theory of 9/11 is a bunch of hogwash. It’s impossible,” said Lt. Col. Robert Bowman, PhD, U.S. Air Force (ret). With doctoral degrees in Aeronautics and Nuclear Engineering, Col. Bowman served as Director of Advanced Space Programs Development under Presidents Gerald Ford and Jimmy Carter.

“There’s a second group of facts having to do with the cover up,” continued Col. Bowman. “Taken together these things prove that high levels of our government don’t want us to know what happened and who’s responsible. Who gained from 9/11? Who covered up crucial information about 9/11? And who put out the patently false stories about 9/11 in the first place? When you take those three things together, I think the case is pretty clear that it’s highly placed individuals in the administration with all roads passing through Dick Cheney.”

full story>
http://www.thetruthseeker.co.uk/article.asp?ID=8651

FEMA

IRS Loses

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IRS Loses: Unrecorded deed beats IRS.


A couple deeded real estate to their son shortly before the IRS tried to put a lien on the real estate to collect their past-due taxes. The IRS argued that the deed was invalid because it had not been recorded in the county courthouse as the law required.


Court:
A deed is recorded to give notice to third parties of a property's status. But because an IRS agent who had been dealing with the couple had been aware of the transaction, such notice was not required for the IRS. Thus, the deed was effective. Because it conveyed the property before the IRS issued the tax liens, the property escapes the liens. Arthur D. Dalessandro, M.D. Pa., No. 3 :CV-93-00105.



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IRS Loses: Fifth Amendment rights preserved.


The IRS selected John Berry for a random audit, but he refused to comply, invoking his Fifth Amendment right against self-incrimination. The IRS then summoned all of Berry's tax records.


District Court:
The summons against Berry was invalid because the IRS didn't know that the summoned records existed. Forcing Berry to produce records would in effect make him testify against himself by admitting that the records did exist.



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IRS Loses: Late amended claim is allowed.


A refund claim was filed just before the filing deadline. After the deadline, the taxpayer discovered that the refund had been underestimated and filed an amended claim for a larger amount. But the IRS said it was too late.


Court:
The new claim was simply an adjustment of the original, timely claim, so it was allowed.



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IRS Loses: Article By David Cay Johnston.


The Internal Revenue Service committed fraud by brokering secret deals with two airline pilots to let them escape taxes in return for testifying against 1,300 other pilots who bought into the same tax shelters, a federal appeals court ruled Friday.


The Ninth Circuit Court of Appeals in San Francisco said that the remedy for this "extreme misconduct" by the I.R.S. was to give all of the pilots the same corrupt deal that one of the pilots got.


That pilot, John R. Thompson, settled his taxes from the shelter for a dime on the dollar, but actually paid nothing, court papers show. Instead, Mr. Thompson received a $60,000 refund through falsified tax returns prepared with the help of the I.R.S. That money paid his legal fees. He also pocketed $20,000 in interest, court papers show.


The ruling will require the I.R.S. to pay tens of millions of dollars in tax refunds, interest and legal fees, said Michael Louis Minns, a Houston tax lawyer who represented some of the pilots. One pilot, who paid the disputed taxes more than two decades ago and then took the I.R.S. to tax court, is due about $6 million, Mr. Minns said.


Some pilots, who did not pay the taxes, will receive nothing, but will have tax liens removed from their homes, Mr. Minns said.


An I.R.S. spokesman, Terry L. Lemons, said yesterday that the agency had no comment.


The case involves tax shelters sold in the 1970's and early 1980's by Henry Kersting, who was a German U-boat commander in World War II. He sold tax shelters from his Honolulu office until he died three years ago.


The I.R.S. uncovered this Kersting scheme, which involved fabricating debt that clients could deduct on their tax returns. In 1981 it disallowed the deductions and sent bills to 1,300 pilots for additional taxes and penalties.


The appeals court said that rather than try the case honestly, two I.R.S. lawyers made a secret deal with Mr. Thompson and a second pilot that let them escape taxes in return for giving testimony favorable to the I.R.S. "The taxpayers have clearly and convincingly demonstrated fraud on the court and are entitled to relief," the judges wrote, noting that the fraud continued through two separate trials in tax court. "The I.R.S. had an opportunity to present its case fairly and properly.
"

Judge Michael Daly Hawkins criticized the I.R.S. for not taking serious action against its lawyers, Kenneth W. McWade, who tried the case, and his supervisor, William A. Sims. The court said the two lawyers "defiled the sanctity of the court and the confidence of all future litigants.
"

The I.R.S. "has done little to punish the misconduct and even less to dissuade future abuse," Judge Hawkins wrote. He noted that both lawyers received $1,000 bonuses from the I.R.S. for their work in the case. They also received two week suspensions, after which Mr. McWade retired. Mr. Sims continues as an I.R.S. lawyer.


Mr. McWade and Mr. Sims, in testimony, insisted that they had behaved properly at all times. Mr. Minns says that he wants both men disbarred, but cannot find a record of their law licenses. He said he wrote to the I.R.S., which replied that it was unaware of where they are licensed either, but noting that it only looked in a public directory of lawyers and not in its own files.


The court said it would be unfair to let the pilots escape the taxes they owed just because of the fraud by the I.R.S. So, instead, it directed the Tax Court to give each pilot a settlement "on terms equivalent to those provided in the settlement agreement" with Mr. Thompson.



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IRS Loses: Can't collect interest after losing return for 11 years.


In 1987, an individual filed an amended tax return claiming a loss carryback that he thought paid off a prior year's tax. In 1998, during a later tax dispute, he received an in-explicable tax bill and asked the IRS about the amended 1987 return. The IRS then realized it had lost the return, found it, processed it-and added 11 years of interest to the tax bill. The individual protested. Court: The individual's tax in fact had been underpaid, but this was entirely due to the IRS's error in los-ing the amended return and not telling him the status of his tax bill even when he had asked. So the IRS must abate the interest charge.


Nicholas J. Pa/ihnich, TC Memo 2003-297.



--------------------------------------------------------------------------------

IRS Loses: Conviction overturned due to abusive search warrant.


A tax professional was crimi-nally convicted of advising clients to cheat on their taxes. The IRS used evidence it obtained by seizing his computers, client files, correspondence, seminar videos, and many other business materials. But the adviser said the evidence had been obtained illegally and should be thrown out. Court of Appeals: The search warrant used by the IRS to seize the evidence was so expansive as to cover virtually anything in the adviser's office. Since it failed to be "reasonably specific" and state the activity being investigated, it was defective. So the ad-viser gets a new trial-without the ill gotten evidence.


Alfred G. Bridges. CA-9, No. 01-30316.



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IRS Loses: Underreporting income isn't fraud.


John Maloney knowingly understated his income for a year. The IRS said this was fraud, so it could asses back taxes even though the status of limitations otherwise would have expired for the year.


Tax Court:
While Maloney had underreported his income for the year, he believed this merely offset the amount by which he had over reported his income the prior year. He also kept good books and records, gave all necessary information to his accountant, and cooperated with the IRS. None of this indicated and intent to evade tax - so there was no fraud and the limitations period did protect his return.



--------------------------------------------------------------------------------

IRS Loses: Occasional inventor doesn’t owe self-employment tax.


Melvin Levinson operated a retail store for more than 40 years, and in his spare time created and patented various inventions. On his tax return, he reported royalty income from patents and settlement payments he received from a business that had infringed his patents. The IRS imposed self-employment tax on his invention related income.



Tax Court:
Levinson did not design inventions regularly or continuously, but only sporadically. Thus, he was not engaged in the “trade or business” of inventing, and does not owe self-employment tax on his invention-related income.




--------------------------------------------------------------------------------

IRS Loses: Lack of fraud saves businessman from paying tax.


The IRS sent a tax deficiency notice to a businessman more than three years after he filled his tax return. It said the statute of limitations shouldn’t apply because he had committed tax fraud. It claimed his tax underpayments were consistent with acknowledged skill in business – and pointed out he previously been convicted of filing a false return.



Tax Court:
Tax fraud consists of activity hiding income from the IRS, and the IRS had no evidence that the businessman had done that. Underpaying taxes is not fraud, and neither is filing a false return. So the three-year limit applied and the businessman was safe from tax.




--------------------------------------------------------------------------------

IRS Loses: Must cooperate with request for information.


Louis Peyton filed a Freedom of Information Act (FOIA) request with the IRS for documents indexed under his name regarding a criminal case being investigated by an IRS agent in Virginia. The IRS refused, saying the request wasn’t specific enough and hadn’t been filed in the Richmond, Virginia office.



Court:
The IRS, like other government agencies, is capable of finding documents indexed under an individual’s name – so long as sufficient information has been provided to it. And the IRS is capable of forwarding the request to its Richmond Office itself. It was ordered to comply with the FOIA request.



--------------------------------------------------------------------------------

IRS Loses: Taxpayer keeps excess refund.


The IRS mistakenly double-credited Raymond O’Bryant’s account for a $28,000 tax payment he had made. And they sent him a refund in the same amount, plus interest. Later the IRS realized its error, said the original tax bill remained unpaid, and put a lien on O’Bryant’s property.


Court:
The original tax debt was extinguished when O’Bryant made his payment. The problems that followed were the fault of the IRS. To recover the refund, it had to bring a separate action - and it had failed to do so before the stature of limitations ran out. So the lien was lifted and O’Bryant kept the refund.



--------------------------------------------------------------------------------

IRS Loses: Must release its own valuation expert’s report.


Richard Bennett claimed a $236,000 deduction for items he donated to a charity, but the IRS said the items had no value and disallowed the entire deduction. Later, Bennett learned that the IRS initial appraisal of the items said they did have value – and that the IRS then obtained a second opinion form another appraiser who said they had no value. Bennett demanded that the IRS release its initial appraisal to him, but the IRS said that because it hadn’t used the initial appraisal it was irrelevant to the case.


Court:
The appraisal was relevant to the issue of the items’ value, so the IRS must produce it.



--------------------------------------------------------------------------------

IRS Loses: Transposed street number voids notice.


The IRS mailed a deficiency notice to the wrong street number, “750” instead of “705”, but told the Tax Court that this didn’t matter because the local mail carrier knew the addressee and tried to deliver the notice to the correct address. However, the mail carrier did not testify.


Tax Court:
The deficiency notice had been mailed to the wrong address, and the IRS had presented no evidence showing that it had actually delivered to the right address so the notice was invalid.



--------------------------------------------------------------------------------

IRS Loses: Deposit defeats levy.


An attorney held funds for a client who was being sued by several creditors who wanted the money, including the IRS. The IRS levied on the funds, but instead of turning them over, the attorney proposed to deposit them with the court and remove himself from the dispute. However, the IRS insisted on holding the attorney liable for the money.


Court:
For the attorney, it was reasonable for him to turn funds over to the court until the issue was decided. And because he never made any claim to the funds himself, it was reasonable to prevent - including the IRS - from holding him accountable for them.



--------------------------------------------------------------------------------

IRS Loses: Conviction overturned.


When the IRS brought a criminal charge against Bernhard Manko for tax fraud, he tried to get into evidence the fact that

Court of Appeals:
in an earlier civil tax proceeding the IRS had agreed to a compromise settlement of the same tax bill that it now said was fraudulent. Mr. Manko said that by agreeing to the compromise the IRS had admitted that his tax position was at least partly legitimate. But the court barred the compromise agreement as evidence and Mr. Manko was convicted. He appealed. Court of appeals: For Mr. Manko. The agreement should have been admitted as evidence, so the conviction is vacated.



--------------------------------------------------------------------------------

Dirty Secret Of The Bailout: Thirty-Two Words That None Dare Utter

http://www.huffingtonpost.com/2008/09/22/dirty-secret-of-the-bailo_n_128294.html

Economics - Crash Course

http://www.chrismartenson.com/crashcourse

Misplaced Trust - Part 1

Deanna Spingola
September 14, 2008
NewsWithViews. com

People who rely on broadcast media and/or government education to formulate their perceptions often roll their eyes in exasperation and conspiracy-nut-contempt when exposed to reliable information that challenges their beliefs. For the majority, easy prey for predatory propagandists and history revisionists, the possibility that they have been blatantly deceived by their own government is unthinkable, despite the monstrous evidence of pandemic corruption. Denial is the proverbial mental comfort zone; it is an easy refuge. It requires nothing! Schopenhauer said: “All truth goes through three stages, first it is ridiculed. Then it is violently opposed. Finally it is accepted as self-evident.”

The U.S. Government lies, cheats, steals, misappropriates public funds, seizes and redistributes private funds, outsources middle-class jobs through phony trade agreements, succumbed to the privately-owned Federal Reserve, has given away or sold our technology and public lands to well-connected private citizens and/or foreign countries, has secretly initiated the North American Union, confiscates private property,[1] kills and maims its own citizens, kills and maims foreign citizens and has established a Nazi-style police state. Individual citizens would receive prison terms for comparable crimes. However, criminal cronies shield each other in and out of office![2] They rationalize these insidious behaviors as necessary with ambiguous phrases – “national security,” or “national interests,” as if everyone in the nation had a common interest, when, in fact, the people’s government serves corporate interests.[3] From extensive experience, they lie proficiently. Even more remarkable, our taxes pay for our own institutionalized indoctrination without our knowledge and certainly without our consent.

Why no dissent? Are we a nation of unthinking, consumer-driven, media-mesmerized, addicted-to-entertainment citizens who have abdicated personal responsibility and independence to the nanny state? Via alleged threats, orchestrated economic chaos through Federal Reserve currency gymnastics and long-term offensive war, we have relinquished our liberties and independence and look to government for safety and solutions – placing our trust in officialdom (arm of flesh) rather than the inspired foundational documents or the Christian scriptures so many warmongers claim to endorse. Where is any evidence of Christianity? Propagandists, playing on our religious beliefs, manipulate us and claim “a righteous cause” against “evildoers” to gain support. Military troops do not “fight for their country” or for God.
They fight for the government! Why no dissent?

The first advertising agency was founded in 1843 – thus began the age of propaganda and “clever deceptions.” Schools later offered classes on advertising and salesmanship. “It did not take long for the principles of advertising and marketing, developed to sell consumer goods, to be applied to the ‘sale’ of political ideas and candidates.”[4] Decades ago, the lawbreakers in the congressional cesspool authorized propaganda for both wartime and peacetime. Propaganda, the art of mass persuasion, by definition, “involves lies, deceit, half truths, misinformation and exaggeration to control thoughts, beliefs and attitudes of others to influence world opinion."[5] "Propaganda involves the dextrous use of images, slogans and symbols that play on our prejudices and emotions; it is the communication of a point of view with the ultimate goal of having the recipient of the appeal come to ‘voluntarily’ accept this position as if it were his or her own.”[6]

Federal agencies were established, funded and approved to work with the news media, Hollywood film studios, and magazines – virtually every communication vehicle. Those friendly, smiling TV and radio personalities may, in fact, be on the government’s payroll. “Inspiring” “patriotic” pro-war movies or Disney’s animations evoke a predictable response. Many media personalities belong to the Council on Foreign Relations (CFR), an organization devoted to destroying America.
Okay skeptics, time to roll your eyes, but wait, read on!

In April 1917, Woodrow Wilson, the 1916 peace candidate, created the Committee on Public Information (CPI) to garner support for the war which enriched the bankers of the newly-established, privately-owned Federal Reserve. The Director of the CPI was publisher George Creel. He had a staff of persuasive wordsmiths – journalists, writers, intellectuals and advertisers who later admitted they were quite willing to lie,[7] would use emotional appeal and enemy demonization to generate hate and fear to elicit support for the government’s war. Popular phrases were: “Bleeding Belgium,” “The Criminal Kaiser,” and the always-useful slogan – “Make the World Safe For Democracy.” Propaganda posters and CPI pamphlets filled with fictitious atrocity stories proved useful in gaining support and recruiting troops.[8] Howard Lasswell said: “If at first they do not enrage, use an atrocity. It has been employed with unvarying success in every conflict known to man.” “Unlike the pacifist, who argues that all wars are brutal, the atrocity story implies that war is only brutal when practiced by the enemy.”[9]

The CPI staff distributed six thousand “news releases” during the course of the war. This emotionally-charged propaganda, disguised as “news,” was disseminated so successfully that the majority of citizens responded with nationalistic enthusiasm.[10] George Orwell said this about nationalism: “The nationalist not only does not disapprove of atrocities committed by his own side, but he has a remarkable capacity for not even hearing about them.”[11]

Austrian-born Edward Bernays, master of manipulation, was head of the CPI’s Export Section and co-head of the Latin American Section of the Foreign Press Bureau. Bernays, Sigmund Freud’s nephew, employed his uncle’s views on behavior to manipulate and manage people in the marketplace. Bernays became renowned as the “Father of Public Relations,” assisted by his experience with the government. Bernays contacted Ford, International Harvester and other U.S. firms to distribute pro-war literature to foreign contacts. He orchestrated propaganda in Germany to engender dissent and affect moral. He organized rallies and printed propaganda in other languages to be inserted into export journals. His tenacious persuasion skills changed America’s views toward a very unpopular war.[12]

To give the right spin on America in the aftermath of the World War I, a CPI press team, including Bernays, attended the Paris Peace Conference in 1918. George Creel wrote a book in 1920 entitled How We Advertised America in which he defined how “he and his committee used the principles of advertising to convince Americans to go to war with Germany.”[13]

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Hitler (financed by Prescott Bush et al) and his cohort Goebbels controlled the Germans with the “Big Lie” theory – “If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The bigger the lie, the more it will be believed” – (like the government’s version of 9/11). Americans were appalled by Hitler’s organized propaganda and stunned that the Germans fell for it. Actually, the Nazi regime adopted their techniques from the U.S. and Great Britain from their organized use of propaganda during World War I. In Mein Kampf (written on a Rothschild banker’s typewriter),[14] Hitler says, possibly after reading Creel’s book: “But it was not until the War that it became evident what immense results could be obtained by a correct application of propaganda. Here again, unfortunately, all our studying had to be done on the enemy side, for the activity on our side was modest, to say the least…. For what we failed to do, the enemy did, with amazing skill and really brilliant calculation. I, myself, learned enormously from this enemy war propaganda.”[15]

Joseph Paul Goebbels, Nazi Propaganda Minister said the following:[16] “Not every item of news should be published. Rather must those who control news policies endeavor to make every item of news serve a certain purpose.”[17] And again: “It is the absolute right of the state to supervise the formation of public opinion. Think of the press as a great keyboard on which the government can play.” Now I am not claiming that the U.S. homeland is exactly like the Nazi motherland. There are some differences! Germany’s hate-radio targeted Jews; America’s hate-radio targets Muslims. Both “civilized” countries, allegedly Christian, not only tolerate the sinister spew but, through our silence, assent to it.

Citizens were required to show “their papers” to the SS in Germany. We will soon have to show our papers to the DHS. In Germany, the government took over big business. In the United States,[18] big business has taken over the government – all of these circumstances, and others, including compulsory vaccinations, represent tyranny, all backed by the international banking cartel, not content with controlling a few countries but wish to supervise the entire world and the people who manage to survive the Power Elite’s Grim Reaper depopulation plans. We have more to fear from our own government and their benefactors than from any other entity.

Franklin D. Roosevelt created the Office of War Information (OWI) in June 1942 which focused on “winning the war.”[19] Propaganda is devised to resemble independent legitimate news agencies, like the government-created United News, which produced newsreels for domestic and foreign distribution. One may purchase them or watch them here. These “newsreels” defined the violence of our “enemies” which stimulated distrust, revulsion, and indignation – effective recruiting tactics. At the same time, the newsreels incited a feeling of American superiority, elevating us to a higher moral ground. OWI also produced several radio series and persuaded Hollywood personalities to do their “patriotic” duty by endorsing government activities. Frank Capra’s film series Why We Fight was made for the War Department.[20]

Hatred of Hitler and his Nazi accomplices erupted into intolerance and hatred of all German citizens – strangers! Demonized, dehumanized enemies are easier to kill. Our ethically-challenged government typically repudiates horrific war crimes while committing and concealing comparable offenses.[21] Offenses committed by ordinary citizens, swayed by emotion-filled words and soul-stirring anthems (currently government-sponsored, pro-war TV commercials) to act against foreigners, cast as “evildoers” by power-seeking government officials who bomb citizens into “liberty” elsewhere while suppressing freedom at home.

To legitimize OWI efforts with Congress, Truman transferred propaganda operations to the Department of State on August 23, 1945 – conveniently timed to proliferate the nonsensical theory that it was necessary to incinerate the non-threatening citizens of Japan’s only two Christian cities, Nagasaki and Hiroshima*, in order to “save American lives,” as if 100,000 (Hiroshima) Japanese lives were inconsequential. Americans bought into that propaganda – and still do! (We never hear about Iraqi deaths which are now over a million.) Those non- military-target bombings took place after the Potsdam Conference and several months after the Japanese offered to surrender.[22] Then the bombed cities were “off limits” to U.S. journalists “until mid-September.” Rather than expose American atrocities, Washington officials directed media focus on the Japanese POW camps in the north. Currently, only “embedded journalists” report any war “news.” The War Department further claimed “that scientists had ascertained that the residual radiation in Nagasaki did not merit concern.”[23] Sheltered officials also assured Manhattan residents that 9/11’s deadly toxic dust was “safe.”

The firebombing of Tokyo in March of 1945 possibly killed as many as a hundred thousand people. The Dresden bombing and the resulting firestorm cost the lives of 80,000 to 100,000 residents of that city. Perhaps 600,000 civilians, men, women, and children, died in the indiscriminate bombings of Europe. An equal number died in the bombings of Japan. Americans have killed millions of apolitical foreign citizens to eradicate fascism, communism and terrorism. Those ideologies still exist! Have we failed to enforce “liberty?” The “fight for freedom” is a farce! “We cannot claim that there is a moral distinction between a government which bombs and kills innocent people and a terrorist organization which does the same.”[24] Watch this 3 minute video to see the real victims.

The Washington DC-based Voice of America (February 24, 1942-present), a radio and television broadcasting system, is funded by the U.S. taxpayers: $166 million in 2006. VOA broadcasts more than 1,000 hours of simulating news, information, educational, and cultural propaganda every week to an estimated worldwide audience of more than 115 million people in 45 languages.”[25] They do not use FCC issued call signs which are required by FCC rules for every broadcasting station on U.S. soil. The government apparently is not required to follow the rules imposed upon others. The FCC is the government agency that licenses and regulates “free speech.
” Regulation is control!

VOA is currently under the direction of the Broadcasting Board of Governors (BBG), an agency of the government, with nine members, eight of which are appointed by the president. “On October 1, 1999, the BBG became the independent federal agency responsible for all U.S. government and government sponsored, non-military, international broadcasting. This was the result of the 1998 Foreign Affairs Reform and Restructuring Act (Public Law 105-277), the single most important legislation affecting U.S. international broadcasting since the early 1950s.”[26]

The BBG’s current chairman is James K. Glassman,[27] Senior Fellow at the American Enterprise Institute (an assembly of Neo Cons) and a syndicated columnist who has subbed on Rush Limbaugh’s radio show. Other current members include: Joaquin F. Blaya, Blanquita Walsh Cullum, D. Jeffrey Hirschberg (Washington lawyer), Edward E. Kaufman (President of Public Strategies, a political and management consulting firm in Wilmington, Delaware), Mark McKinnon (Chief media adviser to Bush who directed his advertising propaganda for the 2000 and 2004 presidential campaigns.), Steven J. Simmons (Chairman and CEO of Patriot Media and Communications, LLC, a new company formed to purchase cable companies in the United States.), and Secretary of State Condoleezza Rice.[28] Rice was a Chevron Director from 1991 until January 15, 2001.[29] The Broadcasting Board of Governors also supervises the following stations: Alhurra, Radio Sawa, Radio Farda, Radio Free Europe/Radio Liberty, Radio Free Asia (RFA), Radio Marti and TV Marti So much for unbiased fair and balanced “news.”

* As reported by John Hershey in his book: Hiroshima, page 146, Robert Lewis, co-pilot of the Enola Gay wrote in the official log “My God, what have we done?” Other military personnel probably repeatedly ask that same question.

Footnotes:

1, Gestapo raid on coin-producing enterprise By: Richard H. Timberlake, Jr., PhD, December 3rd, 2007
2, The Bush-Hitler Thing, A Holocaust Survivor Speaks Out
3, A Violent Cartography, Bomb After Bomb By Howard Zinn, December 15, 2007
4, Age of Propaganda, the Everyday Use and Abuse of Persuasion by Anthony Pratkanis and Elliot Aronson, pgs. 9-10
5, Propaganda-Politicians Use Our Money to Pay for Lying to Us by Mark Lowry, January 31, 2007
6, Age of Propaganda, the Everyday Use and Abuse of Persuasion by Anthony Pratkanis and Elliot Aronson, pgs. 9-10
7, Wartime Propaganda, World War I, “The War To End All Wars,”
8, Ibid
9, War Propaganda: World War I, Demons, atrocities, and lies
10, The Rhetorical Presidency, Propaganda, and the Cold War, 1945-1955 by Shawn J.
Parry-Giles, Praeger Series in Presidential Studies, 2002, Introduction
11, George Orwell, Notes on Nationalism
12, The Father of Spin, Edward L. Bernays and the Birth of Public Relations by Larry Tye, pgs. 15-20
13, Age of Propaganda, the Everyday Use and Abuse of Persuasion by Anthony Pratkanis and Elliot Aronson, pgs. 9-10
14, 'Mein Kampf' - Hitler Used Rothschild Banker's Typewriter By Henry Makow PhD, July 8, 2007
15, Mein Kampf, Volume One - A Reckoning Chapter VI: War Propaganda by Adolph Hitler
16, Joseph Goebbels
17, Joseph Goebbels, Source: Diary, 14 March 1943
18, The Nazification of the United States by Norman Livergood
19, The Rhetorical Presidency, Propaganda, and the Cold War, 1945-1955 by Shawn J.
Parry-Giles, Praeger Series in Presidential Studies, 2002, Introduction
20, Why We Fight
21, The New World Order, Criminals and Their Camps by Deanna Spingola
22, Chicago Tribune History by Michael A. Hoffman II
23, Killing Our Own, The Disaster of America's Experience with Atomic Radiation 1945-1982 by Harvey Wasserman & Norman Solomon with Robert Alvarez & Eleanor Walters The First Atomic Veterans, Part 1
24, A Violent Cartography, Bomb After Bomb By Howard Zinn, December 15, 2007
25, Voice of America, A Trusted Source of News and Information since 1942
26, An Organization of U.S. International Broadcasters
27, Broadcasting Board of Governors
28, BBG Noard
29, Chevron named oil tanker the “Condoleezza Rice”

© 2008 Deanna Spingola - All Rights Reserved

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Aljazeera News~Ron Paul explaining the fed

Central Banking Conspiracy III

"Bailout" charade was put on to distract us... Watch the video to see why the racketeers MUST be captured and severely tortured

Rep. Peter Defazio "Paulson's plan...waives all laws, all LAWS!"

Financial Tsunami: The End of the World as We Knew It

Financial Tsunami: The End of the World as We Knew It

By F. William Engdahl

Paulson’s plan, the one essentially rejected on September 29 by the House of Representatives, would have done nothing to recapitalize the troubled banks. That recapitalization could cost an added hundreds of billions on top of the $700 billion toxic waste disposal.

The unexpected rejection by the US Congress of the Bush Administration financial rescue plan, TARP on September 29 has opened up the spectre for the first time of a 1931-style domino wave of worldwide bank failures. That is already underway across the US banking spectrum with the failure, nationalization or forced liquidation in the past two weeks of Fannie Mae and Freddie Mac, of the giant Washington Mutual mortgage lender, of the nation’s fourth largest deposit bank, Wachovia. That was on top of a wave of smaller bank failures that began with IndyMac in the spring. For some it is appealing and more simple to grasp the magnitude of these titanic events in the US-centered financial world by assuming it is all part of a pre-planned grand conspiracy by the Money Masters, what in the 1920s in the USA was termed the Money Trust, to control the entire financial world.

As the details of the present crisis reveal, there are huge ideological fault lines making for chaos and a potential meltdown of the Laissez Faire financial system. That present system, which was built on the back of Wall Street financial and banking deregulation since 1987 when Alan Greenspan, a devout follower and close friend of radical individualist Ayn Rand, became Wall Street’s man at the Federal Reserve for almost 19 years, is over now with the failure of the Henry Paulson $700 billion bailout scheme. Governments worldwide now face no alternative but to begin the painful process of putting the financial genie back in the bottle and re-regulating an out-of-control financial system. The failure of the UK Government and the US Government to address that fundamental issue is behind the present crisis of confidence.

A brief look at history

The Great Depression in Germany in 1931 began with a seemingly minor event—the collapse of a bank in Vienna, Creditanstalt, that May. For readers interested in more on the remarkable parallels between that crisis and that of today, I recommend the treatment in my earlier volume, A Century of War: Anglo-American Oil Politics and the New World Order.

That Vienna bank collapse in turn was triggered by a political decision in Paris to sabotage an emerging German-Austrian economic cooperation agreement by pulling down the weakest link of the post-Versailles system, the Vienna Creditanstalt. In the process, Paris triggered a series of tragic events that led to the failure of the German banking system over a period of several weeks. The post-1919 Versailles System, much like the post-1999 US Securitization System, was built on a house of cards with no foundation. When one card was removed, the entire international financial edifice crumbled.

Then, in 1931, there was an inept Brüning government in Germany, which believed severe austerity was the only solution, merely feeding unemployment lines to pay the Young Plan German reparations to the new Bank for International Settlements in Basle.

Then, in 1931 George Harrison, a Germano-phobe, was the inexperienced Governor of the powerful New York Federal Reserve. Harrison was a member of the anglophile Skull & Bones, the elite Yale University secret society which also included George H.W. Bush and George W. Bush as initiates. Harrison, who went on to coordinate the secret Manhattan Project on the development of the Atomic bomb under fellow Skull & Bones member, War Secretary Henry Stimson, believed the crisis had started not from abroad but with German bankers trying to make a profit at the expense of others.

Within weeks of rumor and jitters, the New York Bankers Trust, ironically today a part of Deutsche Bank, announced it would be forced to cut the credit line to Deutsche Bank and by July 1931 began to pull its deposits from all big Berlin banks. Harrison insisted the Reichsbank dramatically raise interest rates to stabilize things, only turning bad into worse as a credit crisis across the German economy ensued.

The Bank of England Governor, Montagu Norman, while somewhat more supportive of Luther argued that his friend Hjalmar Schacht was better suited to manage the crisis. On July 13, 1931, a major German bank, Darmstädter-und Nationalbank (Danat) failed. That triggered a general a depositors’ run on all German banks. The Brüning government merged the Danat with a weakly capitalized Dresdner Bank, and made large state guarantees in an effort to calm matters. It didn’t.

New York Fed governor, Harrison, who was personally convinced it was a ‘German’ problem, barked orders to Reichsbank chief Hans Luther on how to manage the crisis according to archival accounts. A foreign drain on Reichsbank gold reserves ensued.

The rest is history, the tragic history of the greatest most destructive war of the 20th Century, with all the suffering that ensued. At that time in history, the American banking elite saw itself, despite a stock market crash and Great Depression in America, as standing at the dawn of a new American Century.

The decline of the American Century

Today, in 2008, some 77 years later, a German Finance Minister stands before the Bundestag announcing the end of that American Century. Today the German government encourages a fusion of Dresdner with Commerzbank. Today Deutsche Bank, which some years ago acquired Bankers Trust in New York in a merger wave, appears to be in a stronger position than its American counterparts as Wall Street investment banks, some more than 150 years old as the venerable Lehman Bros., simply vanish in a matter of days. The American financial Superpower crumbles before our eyes.

In March 2008 there were five giant Wall Street investment banks, banks which underwrote Mortgage-Backed Securities (MBS), corporate bonds, corporate stock issues. They were not deposit banks like Citibank or Bank of America; they were known as investment banks—Morgan Stanley, Merrill Lynch, Goldman Sachs, Lehman Brothers, Bear Stearns.

The business of taking deposits and lending by banks had been split during the Great Depression from the business of underwriting and selling stocks and bonds—investment banking—by an act of Congress, the Glass-Steagall Act of 1933. The law was passed amid the collapse of the banking system in the United States following the bursting of the Wall Street stock market bubble in October 1929.

That Glass-Steagall act was a prudent attempt by Congress to end the uncontrolled speculative excesses of the Roaring Twenties by New York finance. It established the Federal Deposit Insurance Corporation to guarantee personal bank deposits to a fixed sum that restored consumer confidence and ended the panic runs on bank deposits.

In November 1999, after millions spent lobbying Congress, the New York banks and Wall Street investment banks and insurance companies won a staggering victory. The US Congress voted to repeal that 1933 Glass-Steagall Act. President Bill Clinton proudly signed the repeal act with Sandford Weill, the chairman of Citigroup.

The man whose name is on that repeal bill was Texas Senator Phil Gramm, a devout advocate of ideological free market finance, finance free from any Government fetters. The major US banks had been seeking the repeal of Glass-Steagall since the 1980s. In 1987 the Congressional Research Service prepared a report which argued the case for preserving Glass-Steagall. The new Federal Reserve chairman, Alan Greenspan, just fresh from J.P. Morgan bank on Wall Street, in one of his first speeches to Congress in 1987 argued for repeal of Glass-Steagall.

The repeal allowed commercial banks such as Citigroup, then the largest US bank, to underwrite and trade new financial instruments such as Mortgage-Backed Securities (MBS) and Collateralized Debt Obligations (CDOs) and establish so-called structured investment vehicles, or SIVs, that bought those securities. Repeal of Glass-Steagall after 1999, in short, enabled the Securitization revolution so openly praised by Greenspan as the "revolution in finance." That revolution is today devouring its young.

That securitization process is at the heart of the present Financial Tsunami that is destroying the American credit structure. Citigroup played a major part in the repeal of Glass–Steagall in 1999. Citicorp had merged with Travelers Insurance company the year before, using a loophole in Glass-Steagall that allowed for temporary exemption. Alan Greenspan gave his personal blessing to the Citibank merger.

Phil Gramm, the original sponsor of the Glass-Steagall repeal bill that bears his name, went on to become the chief economic adviser to John McCain. Gramm also went on to become Vice Chairman of a sizeable Swiss bank, UBS Investment Bank, in the USA, a bank which has had no small share of troubles in the current Tsunami crisis.

Gramm as Senator in 2000 was one of five co-sponsors of the Commodity Futures Modernization Act of 2000. A provision of the bill was referred to as the ‘Enron loophole’ because the it was later applied to Enron to allow them unregulated speculation in energy futures, a key factor in the Enron scandal and collapse. The Commodity Futures Modernization Act, as I described in my earlier piece in May, Perhaps 60% of Today’s Oil Price is Pure Speculation, allowed investment bank Goldman Sachs (coincidentally the former bank of Treasury Secretary Paulson), to make a literal killing in manipulating oil futures prices up to $147 a barrel this summer.

Paulson’s impressive interest conflicts

The actions of Treasury Secretary Paulson since the first outbreak of the Financial Tsunami in August of 2007 have been directed with one apparent guiding aim—to save the obscene gains of his Wall Street and banking cronies. In the process he has taken steps which suggest more than a mild possible conflict of interest. Paulson, who had been chairman of Goldman Sachs from the time of the 1999 Glass-Steagall repeal to his appointment in 2006 as Treasury head, had been one of the most involved Wall Street players in the new securitization revolution of Greenspan. Naming him to head the Government agency now responsible for cleaning up the mess left by Wall Street greed and stupidity was tantamount to putting the wolf in charge of guarding the hen house as some see it.

Paulson showed where his interests lay. He is by law is the chairman of something called the President’s Working Group on Financial Markets, the Government’s financial crisis management group that also includes Fed Chairman Bernanke, the Securities & Exchange Commission head, and the head of the Commodity Futures Exchange Commission (CFTC). That is the reason Paulson, the ex-Wall Street Goldman Sachs banker, is always the person announcing new emergency decisions since last August.

Two weeks ago, for example, Paulson announced the Government would make an unprecedented $85 billion nationalization rescue of an insurance group, AIG. True AIG is the world’s largest insurer and has a huge global involvement in financial markets.

AIG’s former Chairman, Hank Greenberg—a close friend of Henry Kissinger, a former Director of the New York Fed, former Vice Chairman of the elite New York Council on Foreign Relations and of David Rockefeller’s select Trilateral Commission, Trustee Emeritus of Rockefeller University—was for more than forty years Chairman of AIG. His AIG career ended in March 2005 when AIG’s board forced Greenberg to resign from his post as Chairman and CEO under the shadow of criticism and legal action for cooking the books, in a prosecution brought by Eliot Spitzer, then Attorney General of New York State.

In mid September, in between other dramatic failures including Lehman Bros., and the bailout of Fannie Mae and Freddie Mac, Paulson announced that the US Treasury, as agent for the United States Government, was to bailout the troubled AIG with a staggering $85 billion. The announcement came a day after Paulson announced the Government would let the 150-year old investment bank, Lehman Brothers, fail without Government aid.

What has since emerged are details of a meeting at the New York Federal Reserve bank chaired by Paulson, to discuss the risk of letting AIG fail. There was only one active Wall Street banker present at the meeting—Lloyd Blankfein, chairman of Paulson’s old firm, Goldman Sachs.

Blankfein later claimed he was present at the fateful meeting not to protect his firm’s interests but to ‘safeguard the entire financial system.’ His claim was put in doubt when it later emerged that Blankfein’s Goldman Sachs was AIG’s largest trading partner and stood to lose $20 billion in a bankruptcy of AIG. Were Goldman Sachs to go down with AIG, Secretary Paulson would have reportedly lost $700 million in Goldman Sachs stock options he had, an interesting fact.

That is a tiny glimpse into the man who crafted the largest bailout in US or world financial history some days ago, the failed TARP—Troubled Asset Relief Program—a proposed $700 billion financial stabilization scheme which, in Paulson’s original version would have allowed him or his Treasury successor to use $700 billion, with no oversight or accountability, to buy bad or worthless assets from financial institutions he deems worthy of help.

As respected economist, Nouriel Roubini pointed out, in almost every case of recent banking crises in which emergency action was needed to save the financial system, the most economical (to taxpayers) method was to have the Government, as in Sweden or Finland in the early 1990’s, nationalize the troubled banks, take over their management and assets, and inject public capital to recapitalize the banks to allow them to continue doing business, lending to normal clients. In the Swedish case, the Government held the assets, mostly real estate, for several years until the economy again improved at which point they could sell them onto the market and the banks could gradually buy the state ownership shares back into private hands. In the Swedish case the end cost to taxpayers was estimated to have been almost nil. The state never did as Paulson proposed, to buy the toxic waste of the banks, leaving them to get off free from their follies of securitization and speculation abuses.

Paulson’s plan, the one essentially rejected on September 29 by the House of Representatives, would have done nothing to recapitalize the troubled banks. That recapitalization could cost an added hundreds of billions on top of the $700 billion toxic waste disposal.

Serious conservative banker friends I know who went through the Scandinavian crisis of the 1990’s are scratching their head trying to imagine how crass the Paulson TARP scheme was. That crass and politically obvious bailout of Wall Street by the taxpayers, what some refer to as ‘Bankers’ Socialism—socialize the costs of failure onto the public, and privatize the profits to the bankers—is a major factor behind the defeat of the TARP compromise version.

But there is an added element. John McCain decided to boost his flagging Presidential campaign by trying to profile himself as a ‘political Maverick’ one who opposes the powerful Washington vested interests. He flew into Washington days before the TARP was to be approved by a panicked Congress and conspired with a handful of influential Republican Senate friends, including Banking Committee ranking member, Senator Shelby, to oppose the Paulson TARP. What emerged, with McCain’s backing, was a political power play that may well have brought the United States financial system to its knees, and McCain’s Presidential hopes with it.

Power and greed are the only visible juice driving the decision-makers in Washington today. Acting in the long-range US national interest seems to have gotten lost in the scramble. As I wrote last November in my Financial Tsunami five part series on the background to today’s crisis, all this could be foreseen. It is what happens when elected Governments abandon their public trust or responsibility to a cabal of private financial interests. It will be interesting to see if anyone in Washington realizes that lesson. Whatever next comes out of Washington, however, one thing is clear, as reflected in what German Finance Minister Peer Steinbrück told the Bundestag. This is the end of the world as we knew it. The American financial Superpower is gone. The only important question will be what and how will the alternative be.


Rebels of America Blogspot

Taxpayers Being Blackmailed Into Bailing Out Zionist Gangsters

The Financial Crisis On Wall Street & The Gang of Zionists Behind 9-11

By Christopher Bollyn
9-21-8

Adding Insult to Injury:
Hard-pressed American Taxpayers Forced to Bailout
Zionist Gangsters Behind 9-11
Updated September 21, 2008


Maurice Greenberg, the Zionist criminal behind A.I.
G,
is deeply involved in the false flag terror of 9-11
[Photo: www. cloakanddagger. de]


The current financial crisis in the United States involves some of the very same Zionist criminals and entities that I pointed out in my recent chapter, "The Architecture of Terror: Mapping the Israeli Network Behind 9-11"

The collapse of their criminal scams on Wall Street could result in more information coming out about the Zionist gangsters behind 9-11
Such outrageous criminal scams cannot be kept hidden for long

The government loan of $85 thousand millions of U.S. taxpayer dollars ($85 billion) to keep afloat Maurice Greenberg's criminal operation, American International Group (A.I.G.
), brings into the spotlight one of the key individuals in the Zionist criminal network behind 9-11


Maurice Greenberg
The criminal head of A.I.
G

THE DEVOTED ZIONIST BEHIND THE A.I.
G BAILOUT

It should come as no surprise that the key person behind this unprecedented government bailout of A.I.G., a huge Zionist criminal operation, is himself a devoted Zionist. Ben Shalom Bernanke, the chairman of the Federal Reserve System, is another Hebrew-speaking scion of the Jewish Theological Seminary of New York City, like Michael Chertoff and Alvin K.
Hellerstein

How can it be that the sons of small group of uneducated Jews from Eastern Europe, who immigrated to the Bronx in the 1900s, now control a nation of 300 million non-Jews? If you were to ask a Zionist Jew from the Jewish Theological Seminary why they control America, they would probably say: "Because we can"


Bernanke has been a religious supporter
of Zionist criminals since the 1970s

Growing up, Bernanke attended the extremist Zionist summer camp (Ramah) of the Jewish Theological Seminary where he was immersed for months in the Zionist ideology of the JTS - in Hebrew.
During college in the early 1970s, Bernanke began working directly with the Jewish political crime bosses in South Carolina


BERNANKE'S YEARS WITH THE CRIME BOSS OF DILLON

Ben Shalom (Hebrew for "Son of Peace") Bernanke went to Harvard University and graduated with a B.A. in economics in 1975. Throughout college, however, Bernanke had a very odd summer job for an Ivy League student of economics. Every summer he returned to Dillon, South Carolina, to work for Alan Heller Schafer, the well-known Jewish criminal and political boss who ran a sprawling roadside gambling and drinking establishment called South of the Border.
The adjacent counties in North Carolina had been "dry counties" when Schafer originally started his drinking and gambling establishment

Such was his clout that he was reportedly able to have the route of Interstate 95 altered so it would directly pass his saloon operation


Alan Schafer
Bernanke's criminal employer during his college years


Alan Schafer was, after all, the long-standing chairman of the Democratic Party in Dillon County, where, since 1966, he ran the "state's smoothest-running political machine" by buying votes

Schafer's political machine maintained power, said Craig C. Donsanto, director of the Justice Department's Election Crimes Branch, through a "carefully controlled and sophisticated system of rigging elections," the New York Times reported in 1982.
This is the crime boss that Bernanke worked for, every summer, while he studied at Harvard

"Alan didn't want any more stump meetings because they threatened his candidates," said A.W. (Red) Bethea, 66, who was defeated four times in Statehouse races by Schafer-backed candidates.
"If you were running against the Schafer machine without his wanting you to, you were just wasting your time"

Mr. Donsanto said more than 1,000 Dillon County voters were paid $5 to $10 to sign their names to absentee ballots in 1980. In the 1980 primary, 1,500 of the 7,000 votes cast in Dillon County were absentee ballots. Two days after the primary, agents from the U.S. Justice Dept.
"swooped down on Dillon County and seized the ballot boxes, touching off the largest voting fraud investigation ever conducted in the Southeast," the Times reported

After an 18-month investigation, 30 residents of Dillon County were indicted on charges of violating federal election laws, most of them for buying votes. As the head of the election corruption and vote- buying machine, Schafer was sentenced to three and a half years in federal prison.
The joint state and federal investigation, which finally busted Schafer's political machine, "broke up the county's leadership elite, men who had controlled and manipulated Dillon's political process since the mid-1960s," the Times reported

This was the well-known Jewish criminal that Ben Shalom Bernanke, a student of economics at Harvard, worked for every summer. It is simply impossible that Bernanke was unaware of Schafer's wide-scale criminal activities, which were legendary in the state. (Now, Bernanke is behind the $85 billion taxpayer-funded bailout of another Zionist criminal, Maurice R. Greenberg, who ran A.I.G. for decades and who owned some $15 billion worth of A.I.G.
stock, before it fell some 94 percent in value)

The "pain and embarrassment" caused by Schafer's decades of criminal activity aimed at controlling elections deeply affected the people of Dillon County

After college, Bernanke earned a doctorate at Massachusetts Institute of Technology, where his adviser was Stanley "Stan" Fischer

Fischer, born in Rhodesia, also happens to be the current Governor of the Bank of Israel. If you look at Bernanke's biography you will find that he has spent his entire life engaged only in Zionist activities.
I have not found any period of Bernanke's life when he was involved in anything other than Zionism


Bernanke's advisor of Zionist economics at MIT was Stan Fischer,
head of the Bank of Israel; here with Ehud Olmert on April 1, 2008
[Photo AP - Sebastian Scheiner]

(I am working on an article to explain the massive Zionist criminal enterprise of A.I.G., primarily owned by Maurice Greenberg. A.I.G. is much more than insurance fraud, and there is nothing "golden" about it, except for its Israeli subsidiary's name. Greenberg's criminal enterprise known as A.I.G.
is sprawling and even includes a company (ILFC) that leases and finances aircraft for the airlines and secret government missions such as "enforced renditions"

One of Greenberg's aircraft, for example, a Gulfstream 4 with tail number N971L, was involved in the abduction of crew members who survived the Estonia catastrophe in September 1994.
Greenberg's plane left Stockholm's Arlanda airport with half a dozen "unregistered passengers" and took them to Bangor, Maine, the day after 11 surviving crew members disappeared from Stockholm's Huddinge hospital)

This is just a fragment of the criminal activity Greenberg's A.I.G. is involved in. As I wrote in one of the latest chapters of Solving 9-11, published in July 2008, Greenberg and A.I.
G are both involved in the 9-11 false flag terror attacks:

KROLL, GREENBERG & THE ISRAELIS

Rebuffed in 1987, the Mossad team of Malkin and Shalom didn't give up on Isser Harel's prophecy of 9-11, which meant getting the Port Authority security contract. They simply changed tack and decided to work in a less obvious manner, through dedicated and corrupt American Zionists like Jules Kroll and Maurice Greenberg. Shalom went to work for Kroll, according to the online 9/11 Encyclopedia entry for Maurice "Hank" Greenberg, the CEO of the American International Group (A.I.
G) insurance company

In 1993, Maurice Greenberg became a partner and co-owner of Jules Kroll's company when A.I.G. bought 23 percent of Kroll. Greenberg is very close to Henry Kissinger, who became chairman of A.I.
G's International Advisory Board in 1987


Kissinger and Greenberg

Greenberg was deeply involved in China in the 80s, where Henry Kissinger was one of his representatives, according to the 9-11 Encyclopedia. Through the China trade, Greenberg became close to Shaul Eisenberg, the leader of the Asian section of the Israeli intelligence service Mossad, and agent for the sales of sophisticated military equipment to the Chinese military, it reports. Eisenberg was also the owner of Atwell Security of Tel Aviv...

Maurice Greenberg and Jules Kroll are connected to the key players of 9-11 in so many ways that their connections would fill a book For the purpose of this chapter, however, there are a few key connections that need to be underlined:

1.
Maurice Greenberg and Jules Kroll became partners in 1993, the same year Kroll Associates "was chosen over three other companies to advise the Port Authority on a redesign of its security procedures"
"We have such confidence in them that I have followed every one of their recommendations," Stanley Brezenoff, the Port Authority executive director, told the New York Times in 1994

2.
Kroll controlled security at the World Trade Center complex in 2001 and was responsible for hiring John O'Neill, the former chief of counterterrorism for the FBI, who died on 9-11, reportedly his first day on the new job

3. Greenberg's son, Jeffrey W. Greenberg, became CEO of Marsh & McLennan (MMC) in 1999 and chairman in 2000. The first plane of 9-11 flew directly into the secure computer room of Marsh (Kroll) USA, part of Greenberg's company.
Mark Wood, an eyewitness, said: "It looked like a mid-sized executive jet and the way it turned suggested it was being aimed deliberately at a target"
There is much more information about Maurice Greenberg's ties to 9-11 in "The Architecture of Terror: Mapping the Israeli Network Behind 9-11"


Christopher Bollyn

Please support my research and writing
Donate by Pay Pal to:
bollyn@bollynbooks.com

Sources:

Bollyn, Christopher, "The Architecture of Terror: Mapping the Israeli Network Behind 9-11," July 24, 2008
http://www. bollyn. info/home/articles/911/theisraelinetworkbehind911/

Bollyn, Christopher, " 'Ghost Planes' Make Suspects Disappear: Pentagon has new secret weapon in 'War on Terror' " American Free Press, January 2004
http://www. americanfreepress. net/html/ghost_planes. html

Bollyn, Christopher, "Were Key Survivors from Estonia Catastrophe Kidnapped?" January 2005
http://www. elaestonia. org/eng/index. php?module=lingid&link=133
New York Times, "Carolina Revives its Stump Meetings," May 23, 1982 (Article about Alan Schafer's criminal activities in Dillon County elections, S.
C)
>



Larry Silverstein laughing all the way to the bank upon deaths of thousands on 9-11, if not millions by now...


Silverstein admitted on PBS he ordered to 'PULL' WTC 7 only 8 hours after WTC twin towers collapsed It takes MONTHS to install demolition explosives


We Are Change confronts Larry Silverstein


*********************************
Larry “Lucky Larry” Silverstein (ZIONIST SCUM)
*********************************

Information Liberation com

Original Link: Lucky Larry Silverstein – How He Got Away With It All

You’ve got to be lucky to make $4 Billion killing on a 6-month investment of $124 Million

Larry Silverstein is the New York property tycoon who purchased the entire WTC complex just 6 months prior to the 9/11 attacks.
That was the first time in its 33-year history the complex had EVER changed ownership

Mr. Silverstein’s first order of business as the new owner was to change the company responsible for the security of the complex. The new security company he hired was Securacom (now Stratasec). George W. Bush's brother, Marvin Bush, was on its board of directors, and Marvin’s cousin, Wirt Walker III, was its CEO.
According to public records, not only did Securacom provide electronic security for the World Trade Center, it also covered Dulles International Airport and United Airlines — two key players in the 9/11 attacks

The company was backed by an investment firm, the Kuwait-American Corp., also linked for many years to the Bush family. KuwAm has been linked to the Bush family financially since the Gulf War.
One of its principals and a member of the Kuwaiti royal family, Mishal Yousef Saud al Sabah, served on the board of Stratesec

Now, consider: The members of a small cabal owned the WTC complex, controlled its electronic security, and also controlled the security not only for one of the airlines whose aircraft were hijacked on 9/11, but the airport from which they originated

Another little “coincidence” -- Mr. Silversten, who made a down-payment of $124 million on this $3.2 billion complex, promptly insured it for $7 Billion.
Not only that, he covered the complex against “terrorist attacks”

Following the attacks, Silverstein filed TWO insurance claims for the maximum amount of the policy ($7B), based on the two -- in Silverstein's view -- separate attacks. The insurance company, Swiss Re, paid Mr. Silverstein $4.
6 Billion — a princely return on a relatively paltry investment of $124 million

There’s more. You see, the World Trade Towers were not the real estate plum we are led to believe.
From an economic standpoint, the trade center -- subsidized since its inception by the NY Port Authority -- has never functioned, nor was it intended to function, unprotected in the rough-and-tumble real estate marketplace How could Silverstein Group have been ignorant of this?

The towers required some $200 million in renovations and improvements, most of which related to removal and replacement of building materials declared to be health hazards in the years since the towers were built. It was well-known by the city of New York that the WTC was an asbestos bombshell. For years, the Port Authority treated the building like an aging dinosaur, attempting on several occasions to get permits to demolish the building for liability reasons, but being turned down due the known asbestos problem.
Further, it was well-known the only reason the building was still standing until 9/11 was because it was too costly to disassemble the twin towers floor by floor since the Port Authority was prohibited legally from demolishing the buildings

The projected cost to disassemble the towers: $15 Billion.
Just the scaffolding for the operation was estimated at $24 Billion!

In other words, the Twin Towers were condemned structures.
How convenient that an unexpected “terrorist” attack demolished the buildings completely

WTC Building 7 was a part of the WTC complex, and covered under the same insurance policy.
This 47-storey steel-framed structure, which was NOT struck by an aircraft, mysteriously collapsed 8 hours later that same day into its own footprint at freefall speed — exactly in the manner of the Twin Towers

How could this have happened? Mr Silverstein gave the world the answer when he slipped up during a PBS television interview a year later, on 9/11/2002:

"I remember getting a call from the...er...fire department commander, telling me that they were not sure they were gonna be able to contain the fire, and I said, 'We've had such terrible loss of life, maybe the smartest thing to do is pull it.
' And they made that decision to pull and we watched the building collapse"

As anyone who knows anything about construction can tell you, “Pull” is common industry jargon for a controlled demolition

One thing is for sure, the decision to 'pull' WTC 7 would have delighted many people Especially because it has been reported that thousands of sensitive files relating to some of the biggest financial scams in history — including Enron and WorldCom -- were stored in the offices of some of the building’s tenants:


US Secret Service
NSA
CIA
IRS
BATF
SEC
NAIC Securities
Salomon Smith Barney
American Express Bank International
Standard Chartered Bank
Provident Financial Management
ITT Hartford Insurance Group
Federal Home Loan Bank


The Securities and Exchange Commission has not quantified the number of active cases in which substantial files were destroyed by the collapse of WTC 7. Reuters news service and the Los Angeles Times published reports estimating them at 3,000 to 4,000. They include the agency's major inquiry into the manner in which investment banks divvied up hot shares of initial public offerings during the high-tech boom. ..."Ongoing investigations at the New York SEC will be dramatically affected because so much of their work is paper-intensive," said Max Berger of New York's Bernstein Litowitz Berger & Grossmann.
"This is a disaster for these cases"

Citigroup says some information that the committee is seeking [about WorldCom] was destroyed in the Sept. 11 terror attack on the World Trade Center. Salomon had offices in 7 World Trade Center.
The bank says that back-up tapes of corporate emails from September 1998 through December 2000 were stored at the building and destroyed in the attack

Inside WTC 7 was the US Secret Service's largest field office with more than 200 employees.
"All the evidence that we stored at 7 World Trade, in all our cases, went down with the building," according to US Secret Service Special Agent David Curran

What a neat, complete, and fortuitous turn of events was 9/11

Incidentally, it’s worth noting that one of Lucky Larry’s closest friends — a person with whom it’s said he speaks almost daily by phone — is none other than former Israeli Prime Minister Benjamin Netanyahu

More on that cozy little relationship later


Larry Silverstein - Owner of WTC and Chicago Sears Tower

BBC Reported Building 7 Collapse 20 Minutes Before It Fell - An astounding video uncovered from the archives today shows the BBC reporting on the collapse of WTC Building 7 over twenty minutes before it fell at 5:20pm on the afternoon of 9/11, The incredible footage shows a BBC reporter talking about the collapse of the Salomon Brothers Building while it remains standing in the live shot behind her head

*******************************************************
Developer Sues to Win $12.3 Billion in 9/11 Attack
*******************************************************

New York Times
By ANEMONA HARTOCOLLIS
March 27, 2008

Larry A. Silverstein, who has won nearly $4.6 billion in insurance payments to cover his losses and help him rebuild at the World Trade Center site, is seeking $12.
3 billion in damages from airlines and airport security companies for the 9/11 attack

Mr.
Silverstein, the developer of ground zero, sought the damages, whose amount was not previously known, in a claim filed in 2004, that says the airlines and airport security companies failed to prevent terrorists from hijacking the planes used to destroy the buildings

His case was consolidated last week with similar, earlier lawsuits brought by families of some victims of the attack and by other property owners. But in seeking $12.
3 billion, he is by far the biggest claimant in the litigation

The size of Mr.
Silverstein’s claim was revealed last week at a status conference on the litigation in United States District Court in Manhattan

The claims by the parties involved total about $23 billion, and Mr. Silverstein’s claim for such a large chunk could jeopardize claims from other businesses and property owners, according to defense lawyers.
A lawyer for the victims’ families, Donald Migliori, said he was confident that their claims would not be affected because they would take priority over the property claims

A lawyer for the airlines, Desmond Barry, said that if Mr. Silverstein won his claim, he could push the total claims beyond the amount of insurance that the airlines and security companies have available. “There ain’t that much insurance,” Mr.
Barry said

The federal government has capped the liability at the amount of available insurance, to avoid bankrupting the airlines.
The exact amount of insurance available is still being explored in the court proceedings

Richard A. Williamson, a lawyer for Mr. Silverstein, said at the court conference on March 18 that Mr. Silverstein was seeking damages to compensate him for continuing losses at the site. Mr. Silverstein, through his company, World Trade Center Properties, has a 99-year lease, worth $3.2 billion, on four buildings at the site, including the fallen twin towers.
He signed the lease in July 2001, just six weeks before the attack

Since the attack, Mr. Silverstein has been paying rent to the Port Authority of New York and New Jersey on towers that no longer exist, his lawyer told the judge, Alvin K. Hellerstein. Mr.
Williamson said that his client had also lost rental income from about 400 tenants

Dara McQuillan, a spokesman for Mr. Silverstein, said that the $12.3 billion represented $8.4 billion for the replacement value of the destroyed buildings and $3.
9 billion in other costs, including $100 million a year in rent to the Port Authority and $300 million a year in lost rental income, as well as the cost of marketing and leasing the new buildings

Mr. Barry, speaking for the airlines, contended that Mr. Silverstein had been more than compensated by the nearly $4.6 billion insurance settlement, reached after almost six years of litigation. He argued that Mr. Silverstein was entitled to the market value of the property, which he said had been established by the $3.
2 billion lease

Judge Hellerstein expressed skepticism about Mr.
Silverstein’s claim, and asked why he had not stemmed his losses by just “walking away”

Turning to Mr Williamson, Judge Hellerstein asked: “What’s the nature of your recovery?”

To which Mr. Williamson replied, “For damages suffered by the events of 9/11, not value.
Damages”

Mr. Williamson said that the lease required Mr.
Silverstein to rebuild and to continue paying rent

“And so I’m putting to you if you walked away from the lease, you would lose the value of the lease,” Judge Hellerstein said “Would you have a further obligation to pay money?”

Mr. Williamson replied, “You have to examine that question.
“But to me that’s not the test of what are our damages”

Judge Hellerstein pressed Mr. Williamson to put a dollar figure on the damages. “I don’t think it’s necessary to know the precise amount,” the judge said.
“I think some order of magnitude would be appropriate”

When Mr. Williamson balked, Mr.
Barry jumped in

“I think their claim is $12.
3 billion,” he said

“Plus prejudgement interest,” Mr.
Williamson confirmed

To which the judge tartly replied, “We shouldn’t forget that”

Judge Hellerstein ordered Mr.
Silverstein to provide more documentation of his claim, or risk losing it

Mr. McQuillan, the spokesman for Mr. Silverstein, said on Wednesday the developer felt both an obligation under his lease and a moral obligation to rebuild, rather than walk away.
He said that the insurance companies who paid him would be repaid if he prevails

Plaintiffs also revealed that after a spate of settlements, there are seven wrongful death cases and two injury cases remaining, out of more than 90 filed

Those who sued represent just a small fraction of the casualties on Sept. 11.
Most of the victims of the attack and their families chose to take the compensation offered through a federal fund, forgoing their right to sue

Mr. Migliori, the lawyer for victims’ survivors, said he believed that the claimants with property-damage claims — including Mr.
Silverstein and some insurance companies trying to recoup their payments — would allow the death and injury cases to get priority in payment of damages

The judge declined to set any trial date in the case, saying that it would be “fictitious,” but set a fact-finding deadline at the end of this year.
Any trials in the case appear to be more than a year away

**********************************************************************

Maybe some insider working for WTC owner Larry Silverstein found out that 9-11 was an inside job



***********************************************
NYC Freedom Tower plans found in trash
***********************************************

Associated Press
April 18, 2008

http://news. yahoo. com/s/ap/20080418/ap_on_re_us/attacks_redevelopment

NEW YORK - A homeless man has come forward with two sets of confidential ground zero blueprints that he says were dumped in a Lower Manhattan trash can

The man brought the Freedom Tower plans to the New York Post, which says the 150-page schematic is marked: "Secure Document — Confidential"

The documents are dated Oct. 5, 2007.
They contain plans for each floor, the thickness of the concrete-core wall, and the location of air ducts, elevators, electrical systems and support columns

The agency that owns the World Trade Center site, the Port Authority of New York and New Jersey, calls it a serious security lapse

Spokeswoman Candace McAdams says mishandling the blueprints would be "cause for serious disciplinary action"


***************************
9/11 and the Greenberg Familia
***************************

By Jerry Mazza
Online Journal Associate Editor

http://www. onlinejournal. com/artman/publish/article_1261. shtml

Sep 29, 2006, 01:06

Democratic Underground Demopedia reports in Who Killed John O’Neill that at the time of 9/11, AIG, the world’s largest insurance company, and subsidiaries Marsh McLennan, ACE and Kroll, were run by the Greenberg family.
With Council on Foreign Relations (CFR) member Maurice “Hank” Greenberg as the AIG godfather, the Familia’s tentacles curled around the heart of the tragedy

Hank’s son Jeffrey, a CFR member as well, was chairman of Marsh & McLennan, situated on floors throughout the North Tower of the World Trade Center as well as the top floors of the South Tower. Marsh also had ties to the CIA.
Son Evan Greenberg, a CFR member, was CEO of ACE Limited, situated in Tower 7, which also contained AIG subsidiary Kroll, closely related to the CIA, also with an office in Tower 7

Tower 7 also contained offices of the FBI, Department of Defense, IRS (which contained prodigious amounts of corporate tax fraud corporate, including Enron’s), US Secret Service, Securities & Exchange Commission (with more stock fraud records), and Citibank’s Salomon Smith Barney, the Mayor’s Office of Emergency Management and many other financial institutions

Greenberg’s cousin, Alan “Ace” Greenberg, was former CEO of Bear Sterns, where the Bush family, Cheney family George Schultz, James Baker, et al, did business.
It is the leading brokerage firm of the great and all-powerful Bush Familia

Also reported by Democratic Underground, AIG’s Kroll “provided protection services,” among other things, to high level Americans at home and abroad. Kroll had military teams in their company and merged with Armor Holdings on August 23, 2001, adding Defence Systems Limited, another private military corporation, to their operation, and an ex-KGB team called Alpha Firm earlier acquired by Defense Systems Limited.
These four teams could have been used on 9/11, part of a “corporatizing” of black ops in tandem with military teams

According to whistleblower Richard Grove, who worked as a senior manager for SilverStream Software on Marsh and AIG accounts, Kroll also managed the Enron fraud once Kenneth Lay stepped down

Marsh, immediately after 9/11, established a specialized terrorism team called Marsh Crisis Consultancy (led by L. Paul Bremer III), adding the teams Control Risks Group, a British ex-SAS team and Versar, bio-terrorism and homeland defense team.
These players could have known each other from 9/11, bringing in new assignments and profits

Democratic Underground also reports, AIG allegedly was laundering drug money, and was involved in the Afghanistan oil and gas pipelines.
Greenberg and the Adnan Khasshogi family allegedly benefited from the Afghanistan narcotics trade and interests in the oil and gas pipelines, as well

Greenberg’s Law Firm Connections to Bush

According to www. sourcewatch. org, the Greenbergs were and are connected to the Bush Familia via their Miami-based law firm Greenberg Traurig, LLP, a 1,350-lawyer, full-service international firm. Here are a few connects . .


1) G-T represented George W.
Bush in the Bush-Gore 2000 Florida election vote recount

2) They personally represent Florida Governor Jeb Bush

3) They hired son of Supreme Court Justice Antonin Scalia on Election Day 2000 -- after which Justice Scalia cast one of the 5 to 4 deciding votes that placed Bush in the White House

4) They partially funded/sponsored a delegation to Israel by House-Senate Armed Services Committee members and government contractors to witness and be briefed on interrogations resistance procedures and torture techniques

5) The firm has prominent administrative positions in Massachusetts 9/11 Fund, which also involves Bush family banking house Brown Brothers Harriman (the same BBH involved with Prescott Bush’s bankrolling the Nazis in World War II)

6) Traurig Greenberg works with 9-11 victims on planning their US government “hushmail/bribery estates.” That is, to receive the money, the victim’s family must sign an agreement never to sue the government for any reason.
Victim-wife Ellen Mariani is currently being legally harassed for not signing and for holding the Bush government’s feet to the fire

7) Bush still owes the Greenberg Traurig firm nearly $1 million for work done by dozens of lawyers and paralegals, leaving questions why a Republican candidate would hire a Democratic lawyer from a Democratic firm.
See Greenberg Traurig link above for more scandals

Greenberg’s Relationship to Larry Silverstein

On July 24, 2001, six weeks before 9/11, Larry Silverstein took control of the lease of all the WTC buildings.
This followed the Port Authority decision on April 26

According to democraticunderground. com, the three companies who originally insured the WTC were AIG, Marsh and ACE, all run as mentioned by the Greenbergs at the time.
They then sold stakes of the original contract to their competition, a technique called reinsuring

Once the Towers came down, the reinsurers got caught holding the bag.
This would inextricably tie the Greenbergs to Silverstein and the larger conspiracy of 9/11 If they had no foreknowledge of events to occur, why would the Greenbergs have unloaded so many stakes in their contract?

According to Michel Chossudovsky in Financial Bonanza behind the 9/11 Tragedy, “On October 17, 2000, eleven months before 9/11, Blackstone Real Estate Advisors, of The Blackstone Group, L.P, purchased, from Teachers Insurance and Annuity Association, the participating mortgage secured by World Trade Center, Building 7.1.
” [Blackstone in 2000 also purchased a 50 percent stake in Universal Studios, producers of the myth-perpetuating Flight 93]

“April 26, 2001 the Port Authority leased the WTC for 99 years to Silverstein Properties and Westfield America Inc

“The transaction was authorised by Port Authority Chairman Lewis M. Eisenberg. This transfer from the New York and New Jersey Port Authority was tantamount to the privatisation of the WTC Complex. The official press release described it as ‘the richest real estate prize in New York City history.
’ The retail space underneath the complex was leased to Westfield America Inc

“On 24 July 2001, 6 weeks prior to 9/11 Silverstein took control of the lease of the WTC following the Port Authority decision on April 26

“Silverstein and Frank Lowy, CEO of Westefield Inc. took control of the 10.
6 million-square-foot WTC complex

"Lowy leased the shopping concourse called the Mall at the WTC, which comprised about 427,000 square feet of retail space”

“Explicitly included in the agreement was that Silverstein and Westfield ‘were given the right to rebuild the structures if they were destroyed'’

“In this transaction, Silverstein signed a rental contract for the WTC over 99 years amounting to 3.2 billion dollars in installments to be made to the Port Authority: 800 million covered fees including a down payment of the order of 100 million dollars. Of this amount, Silverstein put in 14 million dollars of his own money.
The annual payment on the lease was of the order of 115 million dollars

“In the wake of the WTC attacks, Silverstein is suing for some $7.1 billion in insurance money, double the amount of the value of the 99 year lease.
” In fact, some $5 billion was actually returned, given the multiple court-case protests of the insurers

“The mortgaging of the WTC was handled by The Blackstone Group, headed by Peter J. Peterson, current head of the Council on Foreign Relations (CFR). The Blackstone Group also bought a piece of Kroll in 1993 at the very same time AIG took over majority control.
Henry Kissinger sits on the board of the Blackstone Group”

By his own admission Silverstein had Tower 7 pulled by controlled internal demolition eight hours after the first two hits. No plane hit Tower 7. There were two small fires in it that were under control. In fact, it takes weeks, months to set up a building to be pulled. So his order to “pull it” catches him in a huge lie. Tower 7 may have been the nexus of the operations. That may have been the real reason to pull it. In fact, it may have been set up weeks in advance with Towers 1 and 2 for demolition.
Ironically, Tower 7 is the only tower that has been rebuilt, and more opulently than its predecessor, although tenancy is about 18 percent

Towers Taken Down for Profit and to Blame Muslims

Given the involvement of the Greenbergs and Silverstein, and other commercial entities that stood to profit hugely, it is difficult to believe 9/11 occurred at the hands of 19 rag-tag Muslims with box-cutters and the help of their leader, Osama bin Laden, sitting in a cave somewhere in Afghanistan with his laptop and dialysis equipment.
The real reasons behind 9/11 were financial greed and the willingness to demonize Muslims for the “Pearl Harbor-type” act that would instigate America to wage a war on terror, pursuing PNAC’s (Project for a New American Century) goal of World Hegemony

The latest documentary on the WTC, The 911 Mysteries from 911WeKnow. com, provides highly convincing proof that the buildings were taken down in six fatal steps. They involved the use of high-powered explosives, including thermite and/or thermate, with techniques more advanced than those of traditional controlled-demolition companies, most likely the military’s, given their bunker buster technology. The six steps are . .


Pre-collapse sub-basement explosions
Pre-collapse interior blasts
Pre-collapse ground level explosions
Top level collapse initiation
Mid Collapse Squibs (explosions)
Final time-delayed rolls (explosions)
Without all these steps, the Towers could never have free-fallen in 10 seconds, the speed of gravity. Any obstacles or pancaking had to be eliminated otherwise the number of seconds of fall would increase dramatically. The documentary also reminds us that on February 13, 1975 there was a major fire on the 11th floor of the North Tower that did not topple it, though the loss was estimated at over $2 million, no mean event.
Check it out

It is possible that in 1996, when Securacom took over WTC security and installed a new $8.3 million security system, that the explosives and charges were also put in place.
Sitting on the board of Securacom was the director Marvin Bush, George Bush’s younger brother

In any case, this is patently the confluence of the military/industrial complex with a healthy dose of Wall Street, earning millions if not billions in put and call options on companies involved with the catastrophe, including airlines on the down (put) side and military suppliers on the up (call) side.
In addition, there is the missing gold from the basement of Tower 4, $200 million of which was retrieved, and an untold amount stolen

The real bottom line was that the Towers were two financial white elephants. And both Silverstein and Greenberg had to know that. The tenancy was dropping. They were out of date.
And most dangerously, they were asbestos bombs, loaded with the dangerous building material when they were completed in 1972-73

By law the buildings could not be taken down by internal demolition. And since it would cost a billion dollars or more to take the towers down beam by beam, it would be at great loss to the Port of Authority or its leaseholder. Thus the reasons are obvious to take WTC down in act of terror also a false-flag operation. Remember, the concept for the WTC Towers originated with the Nelson and David Rockefeller, members of the Council on Foreign Relations and among the world’s elites.
A “New Pearl Harbor” would serve those interests well

Additional Connections to Greenberg

John O’Neill, mentioned in the first paragraph, was the FBI anti-terror chief who spent years trying to track down bin Laden and “al Qaeda” members. At every point, he was stopped or frustrated by his superiors. Finally, O’Neill parted company with the FBI. Jerome Hauer, who formerly worked for Kroll, got him the job as chief of security at the WTC.
On 9/11, O’Neill lost his life in the North Tower

Mr. Hauer’s job as Kroll chief was also held by Michael Cherkasky, who came out of the New York County District Attorney’s Office, which also brought us Rudy Giuliani, Elliot Spitzer and Patrick Fitzgerald. Mr. Cherkasky also brought Mr. Spitzer into the NYC County DA’s office. Today Cherkasky is a substantial contributor to Spitzer’s campaign for New York State Governor.
Cherkasky was bumped up to head Marsh McLennan in 2004

As an aside, there were about 200 electrical engineers working in the World Trade Center around the time.
Additionally, AMEC and Tully Construction played a major role in the clean up of Ground Zero and both have specialized controlled demolition companies

Lastly, can you believe that one of the Council on Foreign Relations members who engaged President Mahmoud Ahmadinejad of Iran in a debate about the holocaust at CFR’s reception last week was none other than Hank Greenberg, who said he witnessed the Dachau camp as Germany fell? Could it all possibly be payback and then some?

Ron Paul Offers Paulian Revolution

September 21st, 2008 10:35 am | by Marc Gallagher | Published in Activism, Constitution, History, Liberty, Maven Commentary, Philosophy, Politics, Ron Paul, Socialism, campaign for liberty | Comment

Paulian Revolution In Overdrive

Copernicus is credited with being the first to formulate that planet earth was not at the center of the universe as had been widely believed before him. He insisted that the sun was at the center instead. This became known in science as the Copernican Revolution, which “is often regarded as the starting point of modern astronomy and the defining epiphany that began the Scientific Revolution“. Ron Paul is a modern day Copernicus offering anyone who will listen a world view that is vastly different from the conventional wisdom of the day. He is offering a Paulian Revolution.

Today, the masses in the U.S. believe that America itself is (figuratively) at the center of the world. The modern U.S. government acts like this is true more and more as time moves onward. With overseas military interventions, overseas diplomatic interventions, and the self defeating welfare of foreign aid America has positioned itself as a kind of God country to all the other countries on earth. The problem being not all of those countries wish to worship God America. Ron Paul is trumpeting the folly of this philosophy.

Copernicus published a book introducing his theory of the universe called “On the Revolutions of the Celestial Spheres“. Ron Paul has given us his own treatise on the modern day political universe with “The Revolution: A Manifesto“. Copernicus was obsessed with astronomy but it was not his main occupation. He was also as mathematician, physician, classical scholar, translator, governor, military leader, diplomat and economist. Likewise Paul is not just a Congressman. He is also an economist and physician.

The financial sector bailouts mounting week by week signals a surge towards socialism/fascism and away from the America of our founders. The more melodramatic among us claim that it is the end of America as we know it. Ron Paul has been warning about such things since the 1970’s citing his own firm knowledge in Austrian economics.

Unlike Copernicus Ron Paul never worried about being viewed as extreme. According to history Copernicus was quite apprehensive about publishing his own scientific revolutionary text fearing it would not be widely accepted. Ron Paul, on the other hand, withstood being booed, openly mocked, and laughed at as he proudly aired his positions during his primary campaign. His willingness to stand up for his beliefs is now legendary, even making the urban dictionary through the term "paulism".

The question remains how much of a movement the Paulian Revolution will become. It has been suggested that political and economic conditions are ripe for such a movement to gain widespread appeal. It is difficult to admit but much of Ron Paul’s Revolution has been conducted within a vacuum since his campaign ended. There is very little continued awareness of it amongst the general disengaged voting public.

His dedicated supporters have continued their efforts with participation in Paul’s Campaign For Liberty, but this movement will not be made overnight. It is not a sprint, but a mid-summer marathon through mountainous terrain while wearing snowshoes. There will be baby steps forward and giant steps backward. The bottom line is that it is very difficult to turn around a century of incremental executive imperialism and a culture of government dependence in a few years.

It’s also a bit too soon to attempt an evaluation of such an effort. Neither the darkest detractors nor the unrealistic pie in the sky supporters can claim to have a handle on the outcome on something that is still in its developmental stages. What cannot be disputed is that Ron Paul has mostly inadvertently created a core group of well educated staunch supporters that will try to steer this Titanic of Tyranny towards the Isle of Sweet Liberty.

Whether the Paulian Revolution catches on enough to change fundamental beliefs like Copernicus’ own revolution did so many years ago remains to be seen. Copernicus had it easy compared to what Ron Paul is up against. Copernicus had science on his side. Paul needs political sentiment on his side. In an era when the trend is toward more government instead of less, more central planning instead of less, and more redistribution of wealth instead of less it is quite refreshing to have someone like Ron Paul. In a time when freedom is pushed into the shadows in the name of the greater good at least someone is speaking out for you, me, and liberty.

May we all live to see a day when the Paulian Revolution reaches critical mass.

Reporter Warns Staged Financial Crisis Part Of Fascist Coup

Huffington Post writer threatened by neo-con bloggers after urging readers to remember Prescott Bush's Fascist "Business Plot"

A reporter for the left leaning alternative news website The Huffington Post has been attacked by neo-con bloggers and phony right-wing patriots after pointing out that the current financial crisis is part of an intentional coup to transfer unprecedented power to the Executive Branch and place public funds in the hands of the global corporate elite.

Writer Larisa Alexandrovna, makes a number of salient points in an article entitled "Welcome to the final stages of the coup... ".

Referring to the Bush administration’s "Wall Street bailout bill", Alexandrovna warns that a fascist coup is in it’s closing stages, describing the proposed legislation as "treachery being conducted in the light of day."

She writes:

"Now, if you do not yet understand that the Wall Street crisis is a man-made disaster done through intentional deregulation and corruption, I have a bridge in Alaska to sell to you (or Sara Palin does anyway). This manufactured crisis is now to be remedied, if the fiscal fascists get their way, with the total transfer of Congressional powers (the few that still remain) to the Executive Branch and the total transfer of public funds into corporate (via government as intermediary) hands.

[...] we already now have in writing, formally as presented to Congress, the intentions of this administration to nullify Congressional powers permanently, to alter Judicial powers permanently, and to openly steal public funds using as blackmail the total collapse of the US economy if these powers are not handed over.
You do see how this is blackmail, do you not? You do see how this is a manufactured crisis precisely designed to be used as blackmail, do you not?"

Alexandrovna points out that the Treasury's bailout proposal to Congress would provide the Treasury Secretary the power to buy up any assets he sees fit, hire anyone he wants to do it, appoint private companies as financial deputies and write whatever regulations he thinks are needed.

Furthermore, she points out that the bill states:

Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.

Alexandrovna is echoing the comments of historian John Steele Gordon who told reporters "It sounds like Paulson is asking to be a financial dictator, for a limited period of time." She is also repeating a stark warning provided by Frank Razzano, a former assistant chief trial attorney at the Securities and Exchange Commission now at Pepper Hamilton LLP in Washington, who stated that the Bush administration is seeking “dictatorial power unreviewable by the third branch of government, the courts, to try to resolve the crisis."

As we have also reported, the $700 billion bailout legislation would provide billions to foreign central banks in addition to private foreign banks.

The proposed move represents a total shift of U.S. taxpayers' funds into the hands of powerful private interests, some of which do not even represent American companies.

Alexandrovna compares the current manufactured crisis to the now infamous "Business Plot" of 1933, a previous attempt at an outright coup in order to install fascism in America. This treasonous plot was so called because the high-level plotters, including Prescott Bush, the current president’s grandfather, were Wall Street men who openly supported fascism.


The coup attempt came to light one year later in 1934, when General Smedley Butler informed the Congress that a group of wealthy industrialists had attempted to get on side high ranking military figures in order to overthrow the government of President Franklin D. Roosevelt.


"It seems this time around, the Bush family is trying the more subtle approach to open bloodshed: first create a crisis, then under the guise of addressing that crisis, overthrow democracy. Yes, it does sound terribly conspiracy-theory-esque when explained just this way. But what else does one call a criminal conspiracy to destroy Congressional powers permanently, alter Judicial powers permanently, and steal public funds?" Alexandrovna writes.

In a passionate conclusion the writer demands that Impeachment be brought against those members of the government involved in the "New Business Plot".
She then voices fears that failing this, people will have to take to the streets to prevent the usurpation of their freedoms and the total dissolution of America:

"You are no longer Republicans, Democrats, or any shade of voter. You do not live in a swing state or a solid colored state. You are simply this: an American. That is the only side that matters. So call your members of Congress and demand, no, declare that unless they do their duty to the Constitution and to us, we will move to the streets - not because we want to, but because our founding fathers demanded this duty of each and every citizen in the face of such a domestic enemy. Demand - as is your right - that this bill be voted against and demand - as is your right - that the people plotting this treachery be held to account. We are either a nation of laws or we are no longer a democracy. Pick a side, because there won't be another time, another moment, another chance to be a patriot."

Despite pointing out concrete facts, urging readers to see through the false left/right paradigm and come together to do something about such an unprecedented power grab, a number of phony patriots and neo-con bloggers have poured scorn on Alexandrovna, accusing the writer of calling for an armed insurrection, expressing hope that the government is "monitoring such enticements" and threatening to report her to the "lawful authorities" in order that she be locked in a "nice, well-lit and cheery cell".

In a remarkable example of the Orwellian society that has continued to grow around us like a cancer, none of Alexandrovna's detractors care to focus on the fascist treachery she describes but instead accuse her of being the traitor and the one that should be locked away.

Today finance ministers from the G7 countries roundly applauded the bailout proposal as Henry Paulson, the US Treasury Secretary called for other countries to follow America’s example.

"I'm going to be pressing our colleagues around the world to design similar programmes for their banks and institutions. Our system is a global one." Paulson stated.


Infowars.net

Rebels of America Blogspot

Jesse Ventura - The Secret Government

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Subprime Banking Mess (Humor and Truth)

House and Global Investors Vote "No" on Paulson Bailout

September 29, 2008

Black Monday?

By MIKE WHITNEY

Today the US House rejected Treasury Secretary Paulson's $700 billion Emergency Economic Stabilization Act of 2008. Paulson said he has the votes, but Paulson was wrong. The House bucked the Paulson's claim that buying up the illiquid mortgage-backed assets from the nation's banks would be enough to save the financial system from an impending meltdown. The jury remains out on that question, too. Professor Nouriel Roubini, chairman of Roubini Global Economics, summed it up like this, "You're not resolving the two fundamental issues: You still have to recapitalize the banking system, and household debt is going to stay high". A large number of economists believe Roubini is right. The bill would not solve the underlying problems.

There is a crisis. The banking system is undercapitalized, the credit markets are frozen, and foreign creditors are beginning to slow their purchases of US debt. It's all bad. At the same time the number of casualties among the financial giants--Bear Stearns, Indymac, AIG, Lehman, Washington Mutual--continues to grow. Three more struggling European banks were added to the list of financial institutions that needed emergency government assistance this past weekend. It's no wonder Congress feels like they have to do something to stop the bleeding.

Before the stock market opened on Monday, the futures markets had slumped heavily into negative territory, while the TED spread, an indicator of stress in interbank lending, had widened to 3.19, a level that suggests another rocky week of trading ahead. Could this be another Black Monday?

Paulson's bill was designed to avert a system-wide crash by clearing the banks' balance sheets so they could resume extending credit to consumers and businesses. The hope was that massive infusion of capital would "turn back the clock" to the happy days of low interest speculation and bubble economics. Paulson is a "one trick pony" who firmly adheres to the belief that wealth creation depends on maximum leverage and an ever-weakening currency. But that world view is no longer applicable after reaching Peak Credit, where consumers are no longer able to make the interest payments on their loans and businesses and financial institutions are forced to curb their spending and dump their toxic assets at firesale prices. The system is deleveraging and nothing can stop it. Paulson has yet to accept the new reality.

Besides, there was no guarantee that the banks would use the money in the way that Paulson imagines. As one Wall Street veteran explained to me, "I don't see one penny of that $700 billion ending up helping the broader economy. I see it being used to prop up share prices so the insiders can salvage as much as possible when dumping their shares".

Indeed, the $700 billion is just part of a massive "pump and dump" scheme engineered with the tacit approval of the US Treasury and the Federal Reserve. Once the banksters have offloaded their fraudulent securities and crappy paper on Uncle Sam, they will do whatever they need to do pad the bottom line and drive their stocks up. That means they will shovel capital into hard assets, foreign currencies, gold, interest rate swaps, carry trade swindles, and Swiss bank accounts. The notion that they will recapitalize so they can provide loans to US consumers and businesses in a slumping economy is a pipedream.

The US is headed into its worst recession in 60 years. The housing market is crashing, securitzation is kaput, and the broader economy is drifting towards the reef. The banks are not going to waste their time trying to revive a moribund US market where consumers and businesses are already tapped out. No way; it's on to greener pastures. They'll move their capital wherever they think they can maximize their profits. In fact, a sizable portion of the $700 billion will likely be invested in commodities, which means that we'll see another round of hyperbolic speculation in food and energy futures pushing food and fuel prices into the stratosphere. Ironically, the taxpayers' largesse will be used against them, making a bad situation even worse.

Then again, if a rehabbed bill isn't passed, no one can predict with certainty what will happen. Here's how Tim Shipman summed it up in "Bailout Failure Will Cause US Crash", in the UK Telegraph:

"Officials close to Paulson are privately painting a far bleaker portrait of the fragility of the global economy than that advanced by President George W Bush in his televised address last week.

One Republican said that the message from government officials is that 'the economy is dropping into the john.' He added: 'We could see falls of 3,000 or 4,000 points on the Dow [the New York market that currently trades at around 11,000]. That could happen in just a couple of days.

'What's being put around behind the scenes is that we're looking at 1930s stuff. We're looking at catastrophe, huge, amazing catastrophe. Everybody is extraordinarily scared. It's going to be really, really nasty.'"

The fear on Capital Hill is palpable, especially among the Democrats who have led the effort to pass Paulson's boondoggle ASAP. Speaker of the House, Nancy Pelosi, and fellow Democratic Party leaders, Chris Dodd, Harry Reid and the blabbering blowhard from Massachusetts, Barney Frank, did everything in their power to sandbag dissenters, quash resistance, and rush the bill to a vote without the usual deliberation and debate. Rep. Marcy Kaptur (D-Ohio) was one of many angry members of congress who lashed out at Pelosi's highhandedness.
It's all caught on a one minute video:

Rep. Marcy Kaptur: "The normal legislative process that should accompany a monumental proposal to bail out Wall Street has been shelved. Yes, shelved! Only a few insiders are doing the dealing. These criminals have so much power they can shut down the normal legislative process of the highest lawmaking body in this land. All the committees that should be scanning every word that is being negotiated have been benched. And that means the American people have been benched. We are constitutionally sworn to protect this country against all enemies foreign and domestic, and yes, my friends, there are enemies....The people who are pushing this bill are the very same one's who are responsible for the implosion on Wall Street.
They were fraudulent then; and they are fraudulent now. We should say No to this deal".

Republicans were equally furious at the way the Pelosi Politburo kept the rank and file out of loop as much as possible. Rep. Michael Burgess (R-Texas) summarized the feelings of a great many congressmen who felt they were being railroaded by Pelosi and Co: "We have seen no bill. We have been here debating talking points ...House Republicans have been cut out of the process and derided by the leaders of the House Democrats as "unpatriotic" for not participating in supporting the bill. Mr. Speaker, I have been thrown out of more meetings in the last 24 hours than I ever thought possible as an elected official of 800,000 citizens of N. Texas....Since we didn't have hearings, since we didn't have markup, let's at least put this legislation up on the Internet for 24 hours and let the American people see what we have done in the dark of night. After all, I have never gotten more mail on a single issue than on this bill that is before us tonight."

Rep Dennis Kucinich (D-Ohio) gave the best speech of the day railing against the financial industry and defending the interests of working class Americans.

Rep. Dennis Kucinich: "The $700 bailout bill is being driven by fear not fact. This is too much money, in too short of time, going to too few people, while too many questions remain unanswered. Why aren't we having hearings...Why aren't we considering any other alternatives other than giving $700 billion to Wall Street? Why aren't we passing new laws to stop the speculation which triggered this? Why aren't we putting up new regulatory structures to protect the investors? Why aren't we directly helping homeowners with their debt burdens? Why aren't we helping American families faced with bankruptcy? Isn't time for fundamental change to our debt-based monetary system so we can free ourselves from the manipulation of the Federal Reserve and the banks? Is this the US Congress or the Board of Directors of Goldman Sachs?"

There was greater opposition to the Paulson bill than any legislation in the last half century. The groundswell of public outrage has been unprecedented, and yet, Congress, completely insulated from the demands of their constituents, continues to blunder ahead following the same pro-industry script as their ideological twins in the White House. There's not a dime's worth of difference between the two parties. Not surprisingly, neither Pelosi nor any of the Democratic leadership has even met with any of the more than 200 leading economists who have stated unequivocally that the bailout will not address the central problems that are wreaking havoc on the financial system. Instead, they have caved in to Bush's demagoguery and the spurious claims of G-Sax bagman Henry Paulson, a man who has misled the public on every issue related to the subprime/financial fiasco so far.

There are parts of Paulson's Emergency Economic Stabilization Act of 2008 that every US taxpayer should understand, even though the media is keeping those facts obscured. In sections 128 and 132; the proposed bill would have suspend "mark to market" accounting. This means that the banks would no longer be required to assess the worth of their assets according to what similar assets fetched on the open market. For example, Merrill Lynch just sold $31 billion of mortgage-backed securities for $6 billion, which means that similar bonds should be similarly priced. Simple; right? The banks need to adjust the value of those assets on their balance sheet accordingly. This gives investors and depositors the ability to know whether their bank is in bad shape or not. But Paulson's bill lifted this requirement and allowed the banks to assign their own arbitrary value to these assets, which is the same old Enron-style accounting scam.

Paulson's bill also proposed the "Elimination of FASB 157 and 0% reserves". This is just as sketchy as it sounds. FASB or Financial Services Regulatory Relief Act reads:

"Federal Reserve Banks are authorized to pay banks interest on reserves under Section 201 of the Act. In addition, Section 202 permits the FRB to change the ratio of reserves a bank must maintain relative to its transaction accounts, allowing a zero reserve ratio if appropriate. Due to federal budgetary requirements, Section 203 provides that these legislative changes will not take effect until October 1, 2011."

It's all legal mumbo jumbo to conceal the fact that the banks can continue to operate with insufficient capital, which is why the system is currently blowing up. It all get's down to this: The reason the system is exploding is because the various financial institutions have been allowed--via deregulation--to act as banks and create as much credit as they choose without a sufficient capital base. When one reads about massive deleveraging, this relates directly to the fact that under-capitalized businesses were operating with too much debt in relationship to their capital. That's it in a nutshell; forget about the CDOs, the MBSs, the CDS and the whole alphabet soup of derivatives garbage. They were all inserted into the system so Wall Street landsharks could expand credit without supervision and balance trillions of dollars of debt on the back of a one dollar bill. This is why Paulson wants to suspend the rules which would bring credibility and trust back to the system. After all, that might impinge on Wall Street's ability to enrich itself at the public's expense.

Nouriel Roubini sites a study by Barry Eichengreen, "And Now the Great Depression", which points out why Paulson's $700 billion plan is likely to fail:

"Whenever there is a systemic banking crisis there is a need to recapitalize the banking/financial system to avoid an excessive and destructive credit contraction. But purchasing toxic/illiquid assets of the financial system is NOT the most effective and efficient way to recapitalize the banking system....

"A recent IMF study of 42 systemic banking crises across the world provides evidence of how different crises were resolved.

"First of all only in 32 of the 42 cases there was government financial intervention of any sort; in 10 cases systemic banking crises were resolved without any government financial intervention. Of the 32 cases where the government recapitalized the banking system only seven included a program of purchase of bad assets/loans (like the one proposed by the US Treasury). In 25 other cases there was no government purchase of such toxic assets. In 6 cases the government purchased preferred shares; in 4 cases the government purchased common shares; in 11 cases the government purchased subordinated debt; in 12 cases the government injected cash in the banks; in 2 cases credit was extended to the banks; and in 3 cases the government assumed bank liabilities. Even in cases where bad assets were purchased – as in Chile – dividends were suspended and all profits and recoveries had to be used to repurchase the bad assets. Of course in most cases multiple forms of government recapitalization of banks were used." (Nouriel Roubini's Global EonoMonitor.)

In short, it wouldn't work. Nor was it designed to work. The bill was just Paulson's way of carving a silver canoe for he and his brandy-drooling investor buddies so they can paddle away to some offshore haven while the rest of us drown in a bottomless ocean of debt.


Mike Whitney lives in Washington state. He can be reached at fergiewghitney@msn.com

In the Event of a Major Evacuation, Know the National Trails

http://secretsofsurvival.com/survival/national_trails_evacuate_america.html

9/11 REVISITED AND QUESTIONED - Senator Max Cleland

Summarized from www.patriotsquestion911.com:

Senator Max Cleland, former member of the 9/11 Commission, resigned in December 2003:

"I, as a member of the [9/11] Commission, cannot look any American in the eye... It is a national scandal... this White House wants to cover [9/11] up."

Judge Napolitano explains why we are now LESS free

Free For All...The Vote Fraud Movie

. . . . . . . http://www.freeforall.tv/

John Stockwell - Tentacles of the CIA

If Americans Knew...

NWO in New Zealand 1

The Collapse Of The U.S. Dollar

CIA Assassinates Foreign Leaders At Will

David Icke - Big Brother, the Big Picture

Who Are the Illuminati?

Wake Up Call - New World Order Documentary

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"How they bleep you" and "bleep 2" from anti-neocons.com

The Folly of Attacking Iran: Lessons from History

How to Brainwash a Nation

Stop the SPP! - Public Forum

George Green Warnings Sept 23, 2008

Alex Jones Interviews David Icke

Richard C. Cook - On The Eve of WW3

It’s Official: The Crash of the U.S. Economy has begun
by Richard C. Cook

Global Research, June 14, 2007

http://www.globalresearch.ca/index.php?context=va&aid=5964


http://www.youtube.com/watch?v=Gnlt60HLO_Y

This is how the Wall Street cons work their fraud

This is a long story, but if you have any interest in what's going on in the financial markets, I think you'll find it a more useful analysis than you're likely to find anywhere else.

Also, it's an important set-up for today's video.

Without this article, you'll still get value from the video, but with it, you'll REALLY know what's going on better than most people on earth...including financial news reporters.

I encourage you to invest the five minutes it will take to read this. If not, you can skip to the link at the bottom.

- Brasscheck

=========================================

*** A short explanation of how we got to where we are

Today's banking crisis is the THIRD trillion dollar plus US-caused financial meltdown in the last twenty years.

Each one of these crises came into being through the same basic mechanism...the fraudulent over-valuing of financial assets by Wall Street - with a "wink and a nod" (and sometimes a lot more) from the White House and Congress.

The fraudulently valued assets stimulate the economy, impart the illusion of health and then, inevitably, the fraud goes too far and the whole house of card comes painfully crashing back to earth.

The three trillion dollar plus frauds were:

Fraud #1: The so-called "Savings and Loan Crisis" of the late 80s

Fraud #2: The so-called "Tech Bubble" of the late 90s

Fraud #3: The so-called "Credit Crisis" of today

*** How the scam works

The mechanism of these frauds is simplicity itself...

...Take a shaky financial asset and blow up its value and then sell as much of it as you can.

In the "Savings and Loan Crisis," the instrument was junk bonds.

In the "Tech Bubble" it was Internet stocks.

In the "Credit Crisis" it was individual mortgages collected into pools and then re-sold to investors.

In each case, normal, well established "bread and butter" financial principles were consciously thrown away by Wall Street with no hint of protest from federal regulators.

***The "Savings and Loan Crisis" dissected

Junk bonds caused the Saving and Loan crisis which resulted in the US taking over the assets of hundreds of banks and selling them back over time to the marketplace
at fire sale prices.

Junk bonds, which caused the "Savings and Loan Crisis" were shaky bonds that were pumped up by deliberate misrepresentation and what I call "staged dealing."

Bonds get their value from two things: the amount of interest they pay and how safe they are.

"Junk" bonds have to pay higher interest because they are less safe. Therefore, until the "Savings and Loan Crisis," savings and loan banks banks were not allowed by law to buy them and call them assets.

Reagan/Bush changed all this and then a group of Wall Street fraudsters used the new loophole to kick off an orgy of junk bond creation and junk bond selling to banks and insurance companies.

The crooks would deal the junk bonds back and forth amongst themselves thereby establishing their "value" and then they'd sell them to outsiders. The bonds then became "assets" which could be borrowed against and leveraged to buy even more bonds.

When the bonds failed, the banks failed and in stepped the US government to "fix" the problem that it created at the cost of at least one trillion dollars to US tax payers.

Deja vu, eh?

***The "Tech Bubble" dissected

The instrument of fraud in the "Tech Bubble" was Internet stocks, start ups in particular.

A stock gets its value from the underlying company's sales, its growth and its overall prospects for the future.

Pre-tech bubble, companies used to have to prove themselves by being in existence for several years before they could be sold on major exchanges. That standard was thrown away during the tech bubble.

To pump of their values, the companies engaged in "staged dealing" just like the junk bond crooks.

Company #1 would "sell" 20 million dollars in banner ads to Company #2 which would in turn "sell" 20 million in banner ads to Company #1.

In fact, nobody sold anybody anything: Company #2 ran ads for Company #1 and billed it for them. Company #1 ran ads for Company #2 and billed for an equal amount.

These should have been called media trades not sales, but Wall Street was happy to claim them as legitimate cash sales and then use the sales numbers to fraudulently value these companies - many of them totally worthless - in the hundreds of millions and sometimes even the billions.

***The "Credit Crisis" dissected

By now, you see how the scheme works.

It's not complicated at all.

You take near worthless pieces of paper (junk bonds, stock of start up Internet companies, etc.) and declare them to be good as gold.

Then you create as many junk bonds and Internet start up stocks as you get and sell them as fast as you can.

In the case of our current crisis, the instrument of fraud was so-called sub-prime mortgages.

Previously, sub-prime mortgages had very little trading value.

Only people in the sub-prime industry itself dealt in them and for good reason.
They're tricky to value and packed with financial peril.

But Wall Street changed all that.

Wall Street said: "If we take LOTS of these mortgages and assemble them into large pools and then slice and dice the pools in various ways, we can sell the slices to banks and other investors as AAA paper."

It sounds crazy, doesn't it?

If the underlying pieces of paper are garbage, how does assembling a whole bunch of garbage into one place make it "better?"

It doesn't, of course, and this is a principle even a three year old child can understand.

But greed and the need to pump up a shaky economy for propaganda purposes are two very strong motivators.

Banks created these mortgage pools, sold them to each other, and then by virtue of these "staged sales" declared them valuable.

Do you recognize the pattern now?

If you do, then you are now smarter than all the assembled j@ck@sses who do financial reporting because they apparently can't - or won't.

This is the THIRD trillion-dollar plus fraud driven financial meltdown in twenty years and apparently no one in the financial news media can see how it happened.

***But there's more...

Junk bonds were mass manufactured as fast as the crooks could invent them. Ditto for Internet stocks.

But how did hundreds of billions of dollars worth of "toxic" mortgages suddenly come into being?

Why did the mortgage industry change its lending standards so radically and so suddenly to make their creation possible?

And why did real estate lending regulators in all 50 states - because real estate lending is a STATE-evel issue not a federal - go along with it?

Here's where it gets very interesting...

The fact is state-evel lending regulators were VERY concerned about what was going on. They have been for years.

And they not only expressed their concern clearly, they also took SERIOUS concerted legal action to stop lenders from making bad real estate loans to their citizens.

Most of the sub-prime loans in the news so much today were designed to screw the people who borrowed the money and can rightly be called "predatory" loans.)

Guess who stopped the states from enforcing their own time-proven real estate lending laws and thus created the raw material that made the current "Credit Crisis" possible?

*** The trillion dollar plus question

If you're a US taxpayer, you're going to pay for this fraud so you might as well know who did it to you.

His initials are GB.

You know him well.

But perhaps more interesting is the name of the person who single-handedly rallied first state attorneys general and then fellow governors to fight the creation of these loans and who in the process became Public Enemy #1 to the Bush Administration...

His initials are ES.

If you follow "silly" US political scandals, you'll recognize his name instantly when you hear it.

And you will *finally* understand why he was quickly and permanently assassinated politically earlier this year.

Had ES been allowed to "live," he would have been in position to remind everyone every day of who made the current meltdown possible.

Instead, he was silenced very effectively. Not with a bullet in the back of the head, but the net effect was just the same.

So effective was his assassination that no one can even mention his name in connection with today's crisis without risking ridicule, or worse.

Last note:

The crisis this fraud has created is *exponentially* bigger than the S & L and Tech Bubble combined.

It's not going to be resolved by a quick "patch up" and will likely have the same impact on the current generation that the depression of the 1930s had on its parents, grandparents and great grandparents.

On that cheerful note, here's the big story everyone missed this year and now you'll finally know what REALLY happened and why:

http://www.brasschecktv.com/page/291.html

- Brasscheck

P.S.
If you find Brasscheck TV valuable, please share our e-mail and videos with friends and colleagues.

David Icke at London's famous Brixton Academy

More than 2000 people from all over Britain and across the world gather at London's famous Brixton Academy to witness an extraordinary event. David Icke weaves together more than 16 years of painstaking research and determined investigation into the Global Conspiracy and the extraordinary "sting" being perpetrated on an amnesic human race. Icke is the Dot Connector and he uses hundreds of illustrations to reveal the hidden story behind apparently unconnected world events. How are we controlled? Who are the controllers? Why do they seek to control us? He exposes the real background to 9/11 and the bogus "war on terror", and presents an extraordinary explanation of why "reality" is only an illusion. It is a life-changing experience, a truly stunning, high quality production from the world's foremost "conspiracy" writer and researcher of truth. They once laughed. They once condemned. Now they listen...

PART-1


PART-2


PART-3

Monopoly Capitalism Is NOT Free Enterprise Capitalism

The Capitalist Conspiracy: An Inside View of International Banking
Written and narrated by G. Edward Griffin (1960's).

This is an adaptation of a documentary filmstrip tracing the history of a small group of people who control the money systems of the world. It shows how this group is protected by governments and how its wealth is derived by creating money out of nothing. We see how this group wields power through government, foundations, education, and the mass media. It has aided such regimes as Russia and China, not because it is pro-Communist, but because a visible enemy and the threat of war have been useful in persuading the masses to embrace the group's ultimate goal: a world government which they expect to control from behind the scenes. They are now working to replace fear of nuclear war with fear of global pollution as the motivation for world government. It is clear that the plan revealed in this program continues to unfold.

Monopoly is not an outgrowth of capitalism. Monopolists lobby for laws that give them advantages in the market place. Monopoly is not based on free-enterprise competition, but the escape from it. It is not the product of capitalism but the bedfellow of socialism.

Deceptive Media Cries Foul When County Stops Fluoridating Water

http://www.naturalnews.com/z024271.html

Media Cries Foul When County Stops Fluoridating Water
by Neil McLaughlin

(NaturalNews) A recent newscast delivered some great news for natural health advocates while portraying it as a bad thing.

On July 19, 2008 Channel 9 News (ABC) in Seminole County, FL reported that "Soon, a natural element will no longer be added to county drinking water, find out how the county tried to avoid telling customers until Channel 9 got involved."

After a commercial break it was revealed that the "natural" element they were referring to was Sodium Fluoride. The idea that the fluoride added to municipal water supplies is "natural" is a common myth. While Calcium Fluoride is the 5th most abundant element in the Earth's crust, it is Sodium Fluoride (Sodium Hexafluorosilicate), a toxic by-product of Aluminum production, that is added to the drinking water of most states in the U.S.

Sodium Fluoride has been shown to cause brain damage, ADD, Alzheimer's disease, various types of cancer, kidney problems, thyroid problems and (ironically) tooth problems. An uninformed man was shown on Channel 9 complaining that his children would no longer have the fluoride that they need for their teeth.

History of Fluoridation

In the 1930's, out of the goodness of their hearts, ALCOA (the leading producer of Aluminum) began performing dental studies. Not surprisingly, the results of their study determined that the cause of a tooth mottling (Colorado brown stain) was due to lack of fluoride, a chemical that until then had to be treated as the toxic waste it is. What a coincidence, they just happened to have lots of sodium fluoride available!

As with most studies, the study funded by the Aluminum Industry found the exact results they were looking for. If it had found any other results, the funding would have been cut and the study would have been canceled. So, to "protect" children as only the Aluminum industry can, they began pushing for mandatory water fluoridation, which allowed them to start selling fluoride (at 20,000% markup) instead of having to pay for it to be disposed of. Hmmm...

Rat Poison

Many have expressed concern that sodium fluoride often goes by another name:Rat Poison! We shouldn't worry though, claims Dr. Stephen Barrett on Quackwatch dot com (the industry lapdog on health issues) for although fluoride really is rat poison, you'd need to drink a lot of fluoridated water to actually die.

Sodium fluoride was discovered in the 1930's to make people more docile and easily manageable. Fluoride is a key component of Sarin nerve gas and is also used in Prozac. The myth that fluoride helps teeth is so widespread that 70% of Americans believe it should be added to their water, and as of the year 2000, 41 U.S. States fluoridated their water. Even natural companies like Tom's of Maine offer fluoridated toothpaste to appease customers who have apparently demanded it.

The Bottom Line

It may come as a surprise to learn just why Seminole county in Florida is making this important step that will almost certainly improve the health of their residents: cost reduction. Channel 9 reported that the cost of fluoride has increased and that budget cuts were the reason to no longer add the element to water. According to Wikipedia, it costs 31 cents per person per year to add fluoride to water, along with other equipment repair costs.

This is the silver lining of our collapsing economy: people and cities can no longer afford to be so wasteful. Since most of the products people buy are toxic, the less they can spend, the better off the Earth will be. Given cheap gas, many Americans bought an SUV (because they love the outdoors - ha ha) and a McMansion. The real estate boom caused acre after acre of farmland to be turned into toxic housing developments. Vegetables that would grow in our own towns are shipped 1200 miles on average. Apparently, having extra money allows counties to add extra poison to their water as well.

Channel 9 News conveniently omitted mentioning that adding fluoride to water is a source of major controversy. Their point was to imply that people are being "cheated" out of the fluoride they "deserve", and no doubt some will likely complain.

Collection of 9/11 Videos

New World Order - The Final Solution 3/3

Fast forward to 3:30 into the video for instructions on how to exterminate the Federal Reserve and all central banks.

A Brief Introduction to the Police State

John Stockwell: See all the tentacles of the CIA

http://www.youtube.com/watch?v=Z9VxnCBD9W4

David Icke tells us how we can secure our freedom from the Hidden Hand behind global events

In this two-hour presentation at the world famous Oxford Union, David Icke encapsulates humanity's current plight and how we can secure our freedom from the Hidden Hand behind global events.

David Icke - Live At The Oxford Union Debating Society

Israeli-American dual citizen enemies of U.S. implanted within our government

What Really Hit the Pentagon?

LIECO -The Propagandists.tv

.....

How 60 Minutes Framed Iran

Free For All..the Vote Fraud Movie

http://www.freeforall.tv/

ZERO- New 911 Documentary

PART 1


PART 2


PART 3


PART 4

Financial Showdown....

"New Moral Order" World Map 1942

When you get to the page, click on the map and read the fine print.
http://www.myconfinedspace.com/2007/12/11/new-moral-order-world-map/

The Truth About Royalty and the Elite

Comedian Robert Newman - The History of Oil

Apparently the inbred Israeli gene pool is thoroughly infected with parasitic psychopath DNA

CIA MIND CONTROL AT STANFORD RESEARCH INSTITUTE

http://www.wbpnet.org/Research%20Library/Mind%20Control/a4mindcontol1970scalifornia.pdf

Microwaves and controling Human Behavior - NEURAL MANIPULATION

http://www.wbpnet.org/Research%20Library/Mind%20Control/a2microwavesheartattack.pdf

Project Monarch

http://www.aches-mc.org/monarch.html