THE INTERNATIONAL FORECASTER
SATURDAY – JULY 4, 2009 070409(1)_IF P. O. Box 510518, Punta Gorda, FL 33951-0518 An international financial, economic, political and social commentary. Published and Edited by: Bob Chapman
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For the best in pricing and service for gold and silver coins, call Melody at 1-800-3754188. Be sure to listen to DGSTC with Bob Chapman live on Short-wave 7.415Mhz M-F 4:00PM ET, Replays Tuesday thru Friday 8pm RT 7.465Mhz 3.215 MHz M-F 11PM ET and weekly archives at discountgoldandsilvertrading.net JOHN STADTMILLER – Republic Broadcasting Network www.republicbroadcasting.org – every Tues. at 5:00-7:00 pm EST GOLDSEEK RADIO – Every Thursday SAM BUSHMAN - LRT Radio http://www.libertyroundtable.com Every first and third Monday of the month 10 am to 11 am DALE WILLIAMS - Free West Radio Program – http://www.freewestradio.com - Every first Tuesday of Month JOHN BRYANT– 7 p.m. EDT - network www.firstamendmentradio.com Dr. STAN MONTEITH - Every Monday 4 p.m. & 8 p.m. PST. www.radioliberty.com, or to our shortwave broadcasts on WHRI at 5.745 MH weekdays from 3-5 pm and 8-10 pm Pacific Time 5070 and 7465. Shortwave: Daily M-F 3:00 - 4:00 PM: PST 5.070 Mhz 4:00 - 5:00 PM: PST 7.465 Mhz 8:00 - 9:00 PM: PST 5.875 & 6.110 Mhz THE MERIA HELLER SHOW –every 2nd Tuesday of the month – THE POWER HOUR– GCN.live.com – Every Monday Mon thru Fri 8 to 11 am EST, 7490
PAT GORMAN – Sunday July 12. 20009 Stephen Lendman – July 15, 2009 ALEX JONES - GCN.live.com -Noon on shortwave 1st hour: WWCR 9.985 and 2nd & 3rd Hour: Every Friday – noon CST. WWCR 9975 - Here are some of the recent Alex Jones shows that Bob has appeared on. Mon thru Fri Noon to 4 pm EST, 12160
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http://www.youtube.com/watch?v=JIQ1Qrv_AUE RAYELAN ALLAN – July 15, 2009 BUTCH PAUGH – Thursday, July 16th, 2009 9 p.m. EST - Also on your computer on www.gcnlive.com
. LIVE FM STATIONS 9:00 PM EST.-88.3 FM ROTX Campbell, TX- 92.7 FM Lexingon TN-102.9 FM in Lutz, FL-89.7 FM Nettie, WV-89.7 FM North Branch, MN-91.9 FM Kerrville, TX97.5 FM Dallas, TX-91.1 FM Austin, TX-97.5-91.1 FM Austin, TX-91.7 FM Fredericksburg, TX-91.7 FM Johnson City, TX-90.1 FM Round Rock, TX-90.1 FM Austin, TX-96.3 FM Austin, TX-95.7 FM Dallas, TX93.3 FM Valparaiso, IN-90.7 & 88.5 FM Cosby, TN-88.3 FM Meadsville, PA-100.3 FM Kamia, ID-89.7 FM Presque Isle ME-97.7 FM Greenville, SC-107.1 FM Oklahoma City, OK-90.1 FM Gatlinburg, TN-102.7 FM Tampa, FL-KGGM 93.5 FM Delhi, LA LIVE AM STATIONS 9:00 EST.-WIJD 1270 AM Mobile, AL, KIOU 1480 AM Shreveport, LA,WFAM 1050 AM Augusta, GA-WELP 1360 AM Greenville, SC-WCPC 940 AM Tupelo, MS-WROL 1340 Providence, RI-WITK 1550 AM in Scranton/Wilkesboro, PA-WNNY 1090 AM Pensacola, FL-WARL 1320 AM Attleboro, MA-1380 WLRM AM Chattanooga, TN-WYYC 1250 AM York, PAWNVY 1070 AM Pensacola, FL-KGEZ 1600 AM Kalispell, MT REBROADCAST FM STATIONS- 91.9 FM Macon, GA 7:00 AM-91.9 FM Freedom radio Jones City, GA 8:00 AM Est. REBROADCAST AM STATIONS-KCKN AM 1020 Roswell, NM 10 PM Est.-KMET 1490 AM 11 AM Pst. - WASB 1590 AM Brockport, NY 5-6 PM Est.- WRSB 1310 AM Canandaigua, NY 5-6 PM Est.-WBCR 1470 AM in Alcoa, TN 78 AM Est.-WVOG 600 AM New Orleans, LA 5:00 PM Est. ALAN STANG: radio show, The Sting of Stang, airs from 11 a.m. to 1 p.m. Central, M-F, via Republic Broadcasting Network. Call him on the air at (800) 313-9443. To listen, go to republicbroadcasting.org and click on Listen Live. If you can't listen at that time, do so via the archives. I'll be talking about the various manifestations of the conspiracy for world government, its tactics, such as the illegal alien invasion, its purposes and its players, from Jorge W. Boosh on down.] ERSKINE: Thursday, - every 3rd Thursday – 2:00 pm CST GCN.live.com Drew Raines: - Every Thursday
Those of you interested in the latest input concerning the world financial interest and what to do during these times of financial unrest . TODAY AND EVERY THRUSDAY we have for your pleasure Mr. Bob Chapman founder/editor of "The International Forecaster" http://www.theinternationalforecaster.com 4pm-5pm Chicago time zone USA listen live www.amd.elequity.com "Clilck on "Current Show / Listen Live" this show is accessible as current show for 20 hours after production and on demand from the archive direct link and as "Archives & on Demand" any Thursday date is Mr. Bob Chapman's show. *** all shows are FREE to access & download *** 2nd Hour Colorado, Al and Drew discuss the perspective of News & Events around the world and the attacks on our Constitutional Rights to live in Liberty growing our Organic Foods and Herbs for our safety & our health also available on 11 international phone bridges around the world USA: 347-308-8047 -bridge code 48334. Drew can be reached at 501-565-1833. http://www.youtube.com/watch?v=hesYUFCe2_U GNC-LIVE FREQUENCIES: http://www.gcnlive.com/Schedule_Shortwave.html KEVIN GALLAGHER & John McGowan – Every first Friday at 9 pm EST. Bruce McDonald - The Politics of Common Sense: 6-8 p.m. CST
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Rob Johnson – on Pappas Telecommunications’ -840 KMPH. Stockton/Modesto, CA – July 14th and July 30th. Lets Get Real With Reuben Torres " is an open forum where topics on politics, immigration, health, education, and other global issues, that affect our country and the world at large, are discussed and debated at local, national, and global levels. "Lets Get Real With Reuben Torres "airs every Tuesday evening from 9:00 pm to 10:00 pm unless otherwise noted. - Next appearance: July 14th.
Farren Shoaf –June 9th, 2009–The Real News Radio . ***** Kevin Gallagher – time Out Productions:
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Radio Liberty part 1 RBN Part 1 http://www.youtube.com/user/TheBobChapmanChannel http://www.youtube.com/watch?v=cYjLAgKfLrM For a Few Bailout's More http://www.youtube.com/watch?v=qq8-HydyftA&feature=channel_page
Billions more needed for financial rescue http://www.youtube.com/watch?v=3lLkq7P2BXM&feature=channel_page http://www.clipser.com/profile.php?member=TheBobChapmanChannel Our show with; Stephen Lendman - Easy to download the program. Go to Republic Broadcasting.org, then archives, then login User ID - stephen lendman Password - 817sl http://www.youtube.com/profile?user=Kgallagher01&view=videos&query=chapman ***** SCHEDULED ISSUES Wednesday, July 8, 2009 Saturday, July 11, 2009 Wednesday, July15, 20009 Saturday, July 18, 2009 The link to the Political Pistachio Radio Revolution episode you appeared on is: http://www.blogtalkradio.com/politicalpistachio/2009/06/28/Political-Pistachio-RadioRevolution Thank you, Douglas V. Gibbs www.blogtalkradio.com/politicalpistachio, Host, Producer www.politicalpistachio.com, Founder www.americandailyreview.com, Co-Founder, Senior Writer ***** As of close on 07/02/09 We recommend the following SHORT POSITIONS: The first number is the price when we recommended it, the second is the current price and the third is the price to cover. Amazon (AMZN) $39.68, $ 79.32, $, $3.00; Cisco (CSCO-OTC) $18.24, $18.50, $11.04; GE $33.49, $11.46, cover open; Monsanto (MON-NYSE) $35.66, $71.96, $16.00;
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Time Warner (TWX-NYSE) $16.13, 24.21, open; Weyerhaeuser (WY-NYSE) $65.05, $29.51, open; Harley Davidson (HOG-NYSE) $59.11, $15.58, Open; Raymond James (RJF-NYSE) $17.50, $16.37, cover at $9.00; We recommend putting on PUTS or SHORTING these stocks. They are: D. R. Horton (DHI-NYSE) short at $33.16, $9.10, cover open; Blackstone (BX-NYSE) short at $38.00, $10.72, open; Home Depot (HD-NYSE) short at $38.94, $22.81, cover open; IBM (NYSE) short at $84.50, $101.73, cover open; JC Penny (JCP-NYSE) short at $36.00, $27.28, cover open; Lennar (LEN-NYSE) short at $47.80, $9.16, Open; Proctor & Gamble (PG-NYSE) short at $54.24, $51.11, $40.00; Pulte Homes (PHM-NYSE) short at $61.52, $8.52, Open; Ryland Group (RYL-NYSE) $91.90, $16.61, Open; Standard Pacific (SPF-NYSE) short at $55.78, $2,13, Open; Target (TGT-NYSE) short at $45.82, $37.45, and cover open; Toll Brothers (TOL-NYSE) $46.35, $16.75, $19.47, Open; United Health Care Group (UNH-NYSE) short at $73.50, $23.91, Open; Visa (V-NYSE) $64.35, $60.08, Open, Waste Management (WMI-NYSE) short at $28.70, $27.40, and cover at $17.00; LONGS POSITIONS: Agnico-Eagle (AEM-NYSE) $14.05, $53.48, Open; Remstar Resources (REM.V) C$0.1450, $0.08, Open; American States Water (AWR-NYSE) $25.18, $, $33.59; go long again at $30.00; Anadarko (APC-NYSE) $23.40, $42.77, Open; Apache (APA-NYSE) $50.43, $69.00, Open; Connecticut Water (CTWS) $26.32, $21.18, $32.21; Capella Res. (KPS.V) new symbol C$0.69 C$0.80Open; Goldcorp (GG-NYSE) $32.00, $35.62, Open; Crystallex (KRY-AMEX) $0.625, $0.26, Open; EnCana (ECA-NYSE) $23.22, $48.28, Open; Middlesex Water (MSEX) $17.90, $14.14, $25.00; Minefinders Corp. (MFN-ASE) $6.00, $7.01; Open Silver Standard (SSRI-OTC) $2.50, $18.79, Open, Hellix Ventures (HEL.V) $C0.50 $C0.22, Open; Closed Position: Citigroup (C) $44.10, was covered at $2.62; Countrywide Financial (CFC-NYSE-PB) $15.52, covered at $4.50; Dell Computer (DELL-OTC) $35.29, covered at $12.20; Ethan Allen (ETH-NYSE) $34.51, covered at $17.89; Fannie Mae (FNM) $66.68, covered at $0.80; GM (GM-NYSE) short at $41.31, covered at $1.15; Goldman Sachs (GS-NYSE) $198.74, $82.37, covered at $97.32; International Paper (IP-NYSE) $39.46, covered at $17.26; J.P. Morgan Chase (JPM) $39.36, $21.01, covered at $23.15; Temple-Inland (TIN-NYSE) $66.62, covered at $5.93; Washington Mutual (WM-NYSE) $27.88, short covered at $0.50. Wells Fargo (WFC-NYSE) short at $59.65, $10.67, covered at $13.99; Tyco (TYC-NYSE) short at $30.04, $19.56, cover at $9.00. NEW SHORTS
- closing on 07/02/09
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Goldman Sachs (GS-NYSE) $114.39; $143.49, open; JP Morgan Chase (JPM-NYSE) $29.37; $32.27, open; Wells Fargo (WFC-NYSE) $16.48; $23.08, open; Tyco (TYC-NYSE) $21.10; $25.94; open; INCREASING SHORTS Harley Davidson (HOG-NYSE) $15.58; $10.13; open; JCPENNY (JCP-NYSE) $25.69; $32.27; open. US MARKETS The Friday night, June 27th FDIC Financial Follies were presented again at 9:00 pm EST. That is so the public will not hear about the failures. Five U.S. banks with total assets of about $1.04 billion were seized by regulators, pushing this year’s tally of failures to 45 as a recession drives up unemployment and home foreclosures. Community Bank of West Georgia, in Villa Rica, Georgia; Neighborhood Community Bank of Newnan, Georgia; Horizon Bank of Pine City, Minnesota; MetroPacific Bank of Irvine, California; and Mirae Bank of Los Angeles were closed yesterday by state regulators, according to statements from the Federal Deposit Insurance Corp. The FDIC was named receiver of the four banks. Wilshire Bancorp’s Wilshire State Bank will take over all of Mirae’s $362 million in deposits, and will purchase $449 million of assets, the FDIC said in a statement. Sunwest Bank of Tustin, California, acquired most of MetroPacific’s $73 million in deposits and $80 million in assets, the FDIC said. Stearns Bank of St. Cloud, Minnesota, bought Horizon Bank’s $69.4 million of deposits. Stearns will purchase $84.4 million of Horizon’s assets, the FDIC said. The FDIC didn’t find a buyer for Community Bank of West Georgia, and said it will mail checks to reimburse insured depositors. The bank has deposits of $182.5 million. Charter Financial Corp.’s CharterBank will assume Neighborhood Community Bank’s $191.3 million of deposits and purchased some assets in a loss-share agreement with the FDIC, according to the agency. “The loss-sharing arrangement is projected to maximize returns on the assets covered by keeping them in the private sector,” the FDIC said. “The agreement also is expected to minimize disruptions for loan customers.” Regulators have seized the most U.S. banks this year since 1993. The U.S. economy has shed about 6 million jobs since the recession began in December 2007. Foreclosure filings surpassed 300,000 for the third straight month in May, according to RealtyTrac Inc. The U.S. banking industry said it made $9.8 billion during the first quarter trading derivatives and securities as investors started returning to the markets amid signs the recession bottomed. The surge was led by trading in interest-rate derivatives, which allow investors to hedge against rate swings, as the banks reported revenues that were more than triple any quarter during at least the past five years, the U.S. Treasury’s Office of the Comptroller of the Currency said today in a report. Revenue rose as banks, constrained by the worst financial crisis since the Great Depression, charged “wide” bid-ask spreads, or the fees that traders make from the gap between prices at which they’ll buy and sell the contracts, Deputy Comptroller Kathryn Dick said in a statement. Revenue from trading interest-rate contracts soared to $9.1 billion from $1.9 billion a year earlier and from a $3.4 billion loss in the fourth quarter of 2008, according
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to the report. Currencies contracts accounted for $2.4 billion in the 2009 first period. The banks lost $3.15 billion from trading credit. The Friday Night FDIC Financial Follies came on Thursday, July 3rd, due to the holiday weekend. We are told that before the year is out 400 banks will go under. There have been a number of banks that have been merged with other stronger banks, which greatly distorts this picture. Six banks in Illinois and one in Texas were seized by regulators as the deepening financial crisis pushed the toll of failed U.S. lenders this year to 52, the most since 1992. Twelve banks have failed this year in Illinois, the most of any state. The seven lenders seized today, with total assets of $1.49 billion and deposits of $1.34 billion, were closed by state or federal regulators and the Federal Deposit Insurance Corp. was named receiver, according to statements from the FDIC. Buyers were named for each of the closed institutions. The Illinois banks are affiliates of Peotone Bank & Trust Co., in Peotone, Illinois, about 45 miles (72 kilometers) south of Chicago. The failures resulted primarily because of soured loans and losses on investments in collateralized debt obligations, the FDIC said. Illinois, with an unemployment rate above the national average, was one of seven states to begin the fiscal year yesterday without a spending plan. “The six failed Illinois banks are all controlled by one family and followed a similar business model that created concentrated exposure in each institution,” the FDIC said. CDOs, which packaged bonds and loans into notes of varying risk and yield, lost money as real estate defaults soared. Regulators this year have closed the most banks since the savings-and-loan crisis of the 1990s as lenders struggle with mounting losses on mortgages and commercial loans. The total for 2009 is more than double the 25 banks shuttered in 2008 and surpasses the 50 that were closed in 1993. The prior year there were 181 failures or government-assisted transactions. The House did it. They succumbed to the biggest tax increase in history for Americans. The American Clean Energy and Security Act passed by 219-212, a disgrace to our country. The worst legislation since CAFTA, NAFTA, the Income Tax and the Federal Reserve Act. Trillions more in taxes and millions of job losses. A 1,200 page piece of legislation that not one Congressman or woman read. If allowed to be passed in the Senate it will be the greatest economic threat to Americans in history. Costs to American will be 20% of disposable income. An increase in gasoline tax of $0.77 a gallon and a doubling of every electric bill in the country. The taxes go to government past of which will go to fund the UN and IMF. This bill has to be stopped in the Senate. Hit every Senator with emails, phone calls, Fax’s and letters. Short and sweet – do not vote yes on any legislation to limit greenhouse-gas emissions, such as the American Clear Energy & Security Act. America’s biggest oil companies will probably cope with U.S. carbon legislation by closing fuel plants, cutting capital spending and increasing imports. Under the Waxman-Markey climate bill that may be voted on today by the U.S. House, refiners would have to buy allowances for carbon dioxide spewed from their plants and from vehicles when motorists burn their fuel. Imports would need permits only for the latter, which ConocoPhillips Chief Executive Officer Jim Mulva said would create a competitive imbalance. “It will lead to the opportunity for foreign sources to bring in transportation fuels at a lower cost, which will have an adverse impact to our industry, potential shutdown of refineries and investment and, ultimately, employment,” Mulva said in a June 16
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interview in Detroit. Houston-based ConocoPhillips has the second-largest U.S. refining capacity. The same amount of gasoline that would have $1 in carbon costs imposed if it were domestic would have 10 cents less added if it were imported, according to energy consulting firm Wood Mackenzie in Houston. Contrary to President Barack Obama’s goal of reducing dependence on overseas energy suppliers, the bill would incent U.S. refiners to import more fuel, said Clayton Mahaffey, an analyst at RedChip Cos. in Maitland, Florida. “They’ll be searching the globe for refined products that don’t carry the same level of carbon costs,” said Mahaffey, a former Exxon Corp. refinery manager. Prices Seen Rising The equivalent of one in six U.S. refineries probably would close by 2020 as the cost of carbon allowances erases profits, according to the American Petroleum Institute, a Washington trade group known as API. Carbon permits would add 77 cents a gallon to the price of gasoline, said Russell Jones, the API’s senior economic adviser. House Passes Climate-Change Plan, an Obama Priority (Update2) http://www.bloomberg.com/apps/news?pid=20601087&sid=aPwZANlDq4R0 ***** After having written so long about the Fed nothing should rally surprise you. The Fed, under attack by Ron Paul’s HR-1207, came out with a strong offense for a defendable defense. Being granted more financial dictatorial power it is the antithesis of what America needs. In essence America is being handed a financial dictatorship. This will make the fed even more unaccountable then it already is. We will be faced with across the board problems and more secrecy from this privately owned bank. Continue to bombard the House members on HR 1207 and Senate members on S. 604, sponsored by Senators Sanders and DeMint. It is proposed that the Fed will be the systemic risk regulator and supervisor of the too big to fail institutions, which own the Fed. We call that incestuous. The Fed will supply liquidity to save its shareholders. A council of regulators will be created to replace the President’s Working Group on Financial markets. That group would be chaired by the Treasury, but with advisory powers only. That means the power to manipulate all markets without interference will solely be left to the Fed. . They would be able to make any market in the world what they want it to be. There are no free markets now. The Fed would have full fascistic control. This would give the Fed’s owners the opportunity to totally loot the system and the American public. For almost 20 years the Fed has advocated no regulation of derivatives, now they are to regulate them. That would include writers maintaining at least 5% interest in the derivatives. The Fed would create a Consumer Financial Protection Agency with rules against predatory lending and transparency standards at the retail level. This is a farce in as much as the major banks own the Fed. A new resolution mechanism that would clear big bank balance sheets of all toxic waste throughout the financial system, that you as taxpayers, would get to pay for. The Fed would be the leader in the formation of global financial regulation and supervision, as part of a plan for the consolidation of all such enforcement on the path to world government. The Fed would marry into the new European Systemic Risk Council comprised of EU central bank governors. This Council would breach US sovereignty by issuing warnings and recommendations, somewhat like the Bank for
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International Settlements does. The Fed would work in conjunction with the EU, but at this time not be controlled by an international body. This is the foot in the door approach. Once set up the Fed would become part of this international cross border agency. From the very beginning there would be a single rulebook applicable to all financial institutions, which belies the fact that the agency would in reality control all financial institutions from its inception. The President’s plan requires all advisers to hedge funds and other pools of capital, including private equity funds, and venture capital funds, a some fixed level, to register with the SEC. Financial derivatives will be regulated. Standardized credit default swaps and other OTC derivates will be required to clear through a central counterparty and trade on exchanges and other transparent trading venues. The custom products will have to register as well. The Ron Paul, Federal Reserve Transparency Act of 2009 now has 244 cosponsors. A very upset Fed three weeks ago herded former Enron lobbyist Linda Robertson to payoff and pressure House members. Now the Securities Industry and Financial Markets Association has been brought into the fray to counter the populist backlash against bankers. The spearhead will be led by two former aides to former Treasury Secretary Henry Paulson. The plan is to target every representative in the House and unleash a multi-million dollar media blitz in city by city. A massive propaganda campaign has begun. Former treasury aides Michele Davis, a PR type and Jim Wilkinson, a former chief of staff are leading the charge. Engaged as well is Democratic polling company, Brilliant Comers Research & strategies. SIFMA has 600 securities firms led by Goldman Sachs, JP Morgan Chase and Citicorp. The theme is lets work together. Yes, these are the firms that have looted American citizens of their hard earned wages for years. Opinion Research found 34% of investors are angry and Share Owners.org 58% are less confident in the fairness of the financial markets. All this wouldn’t be necessary if Treasury, the Fed and the major firms were not manipulating the markets. The Fed, banking and Wall Street are responsible for the destruction of about 40% of worldwide wealth. Yet, they think they have done nothing wrong. They have disemboweled both residential and commercial real estate, which was in part responsible for a fall in the Dow from 14,100 to 6,600. They have bamboozled the public with stress tests, which were bogus to prove false solvency. That avoided government oversight and as a give up allowed a special master of compensation for those, who took taxpayer funds, to escape insolvency. Wall Street denizens view their large salaries, bonuses and options as a right – an entitlement. These are the same people who destroyed the American dream and put their firms into insolvency. The Fed and the Treasury had hundreds of billions of dollars for banking, Wall Street and insurance companies, but they couldn’t allow borrowers, facing foreclosure, a break. That would have staved off two million foreclosures and preserved $300 billion in equity. Congress couldn’t help average Americans, only the rich. We are in the greatest financial crisis since the early 1870s or the 1930s. These people have ravaged the financial and economic world and they are still in complete control of the system. That is because they have bought Congress and they have created a revolving door between NYC and Washington. Last year, banking, securities and investment firms gave $154.9 million in political payoffs. Real estate interests stuffed $136.7 million into politician’s pockets; commercial banks gave $37.1 million and hedge funds $16.7 million, for a total of $345.4 million. This is why campaign
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contributions have to end along with lobbying. When are Americans going to wake up to what is being done to them? It is only a matter of when before there will be insufficient buyers of Treasuries to fund bond issues. We believe this has previously happened from time to time and that buying by the Fed from offshore accounts has held the market up. This we believe is why the Fed doesn’t want an audit. When foreign central banks stop buying, the Fed will monetize more and more as they are currently doing. They will be buying $3 trillion worth of Treasuries, Agencies and CDO toxic waste from banks over the next three months. On June 5th, we saw the 2-year and 10-year Treasury yields spike as the Fed lost control of the market. We noted the actions at that time. It won’t be long before most long dated paper, that is over 5 years, will have to be monetized in a very big way. That also means interest rates will continue to move higher. We believe the treasury will be in the market for $1.2 to $1.5 trillion. That means the Fed may have to buy $600 billion to $1 trillion in Treasuries. They have already committed for $300 billion. It is hard to know exactly what this private corporation is up to because much of what they do is in secret. As rates rise it becomes very difficult to finance mortgages. At a 5.5% mortgage rate, 80% of pending and future mortgages cannot be consummated. In another area of finance the commercial paper market continues to contract. It is a very important source of borrowing for business and industry. As it contracts it keeps companies from producing goods and services and the economy contracts. The available paper has contracted by some 50% over the last two years, in spite of the Fed assisting that market. As available funds are reduced, production falls and unemployment rises. Bank credit has fallen by $23 billion to $9 trillion, this in spite of a 3.6% rise yoy. In 2009, credit has fallen by $170 billion. Consumer borrowing is dropping and savings just hit 6.9%. In spite of late payers other borrowers are paying off their loans. Consumer credit usage has fallen about 8%, the same as in the 1990s recession. As we write (6/27/09) the dollar on the USDX is 79.90. That is the dollar index where six other currencies are weighted and compared to the dollar. We not too long ago called a top at 89.50. The dollar has been unable to break above 81 for several weeks, which tells us the dollar is headed lower, perhaps sharply lower, to its former low of 71.18 before the year is out – and, perhaps much sooner. If you remember in the first two quarters of 2008, all over the world, vendors, businesses and others were refusing to take dollars, which is going to happen again. That could be a catalyst that could bring on a bank holiday. There is no question that the Fed and the Treasury will inflate until they cannot anymore. Foreigners will be looking at enormous losses and all dollar denominated debt held by foreigners could be dumped. Another event that could case a bank holiday. As that happens the cost of imports and the resultant inflation would skyrocket, as US interest rates soar. These are very probable scenarios.. American citizens owe massive debt to the world. Total debt to GDP is 370%. It was only 260% in 1929. In order to pay this off government spending would have to be cut by 80% and taxes would have to be raised to 80%. We see neither happening. As we said previously there will come a time over the next few years that all currencies will be devalued against one another and that all defaulted debt will be settled. All US bankers, Wall Street, Washington and the Fed are doing is trying to gain time, a fruitless pursuit. Debt is some 14% of GDP, and budget deficits are growing. Is it any wonder that foreign buyers of dollar denominated assets are disappearing?
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Mounting job losses and other economic realities caught up with Americans in June, pushing down a key barometer of consumer sentiment after a streak of gains built on glimmers of hope. Some economists say the reality check offered by yesterday’s report from the New York-based Conference Board may not augur well for spending in the critical months ahead. The Conference Board said its Consumer Confidence Index now stands at 49.3, down from its revised May level of 54.8. U.S. options trading rose 4.6 percent during the first half of the year and headed for a seventh consecutive annual record as investors embrace computerdriven strategies and shun private transactions. About 1.82 billion contracts linked to stocks, indexes and exchange-traded funds have changed hands in 2009, according to the Options Clearing Corp., which tracks trading on U.S. exchanges. During all of 2008, 3.28 billion traded. Average daily volume has climbed 5.4 percent to 14.6 million this year. Fannie Mae and Freddie Mac will begin refinancing mortgages with loan-tovalue ratios of as much as 125 percent as the Obama administration seeks to boost participation in its anti-foreclosure programs. Shaun Donovan, secretary of Housing and Urban Development, made the announcement in a statement yesterday. Currently Fannie Mae or Freddie Mac, through President Obama’s Home Affordable program, can refinance mortgages they own or guarantee when the loan is worth as much as 105 percent of the home’s market value. The continuing slide in home prices has pushed millions of Americans beyond that 105 percent loan-to-value ratio, limiting participation in Obama’s initiative. Fannie Mae and Freddie Mac have refinanced 80,000 loans under the program, which set out to help as many as 5 million people who may owe more than their homes are worth, Federal Housing Finance Agency director James Lockhart said last month. [Government did not learn its lesson. Here we are back with subprime garbage again. These loans will fall out within 6 months to a year. Bob ] ***** 467K jobs cut in June; jobless rate at 9.5 percent http://finance.yahoo.com/news/467K-jobs-cut-in-June-jobless-apf749843232.html/print;_ylt=AtAOQtZBiTqWNQW2IZppz_veba9_?x=0 ***** Ford Motor Co. says its June U.S. sales fell only 10.7 percent from a year earlier, a far smaller drop than in previous months and a sign that auto sales may be recovering. Crabtree & Evelyn Ltd., the maker of soaps, gifts and toiletries sold in 126 stores in 34 states, filed for bankruptcy protection in New York, citing a decline in consumer spending. The International Monetary Fund’s board of directors approved the issuance of bonds to the lender’s 186 members for the first time as it seeks additional sources of money to lend during the global recession. The board made the move in a vote today and did not place a limit on the note sales, Andrew Tweedie, the Washington-based IMF’s finance chief, said on a conference call with reporters. The bonds are part of a wider effort to seek $500 billion in new funding as the lender helps countries from Iceland to Pakistan combat the global financial crisis.
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The consumer confidence index fell to 49.3 in June from 54.8 in May; 55 was expected. TrimTabs Weekly Macro Analysis – June 30, 2009: Real Savings Rate 0.9%, Not BEA’s 6.9%; Year-over-Year Growth in Wages and Salaries; -4.8% in May, Not 1.1% as BEA Reports In addition, real-time tax data indicates wages and salaries fell 4.8% y-o-y in May, not 1.1% y-o-y as the BEA reports. And while the BEA reports that personal income rose 0.3% y-o-y in May, real-time tax data shows it fell 3.6% y-o-y. Consumers are in much worse shape than government statistics suggest and have little money left over to repair their tattered balance sheets. http://www.trimtabs.com/site/index.php Bloomberg: Delinquency rates on the least-risky mortgages more than doubled in the first quarter from a year earlier as U.S. efforts to help homeowners failed to keep pace with job losses that pushed more borrowers toward foreclosure. Prime mortgages 60 days or more past due climbed to 2.9 percent of such loans through March 31 from 1.1 percent at the same point in 2008, the Office of the Comptroller of the Currency and the Office of Thrift Supervision said today in a report. First-time foreclosure filings on the loans rose 22 percent from the fourth quarter, the report said. The Fed monetized $7B of 7s through 10s on Tuesday. While the deficit only affects the state, California's deepening economic malaise could make it harder for the entire nation's economy to recover. When the state stumbles, its sheer size - 38.3 million people - creates fallout for businesses from Texas to Michigan. "California is the key catalyst for U.S. retail sales, and if California falls further you will see the U.S. economy suffer significantly," said retail consultant Burt P. Flickinger, managing director of Strategic Resource Group. He warned of more bankruptcies of national retail chains and brand suppliers. Will Ben, Hank, Little Timmy and Congressional leaders explain to the American people how it is possible for Wall Street to have near record remuneration AFTER the US taxpayers were put on the hook for about $12 trillion of guarantees to The Street? And will they explain to Americans that while Street insiders ‘earn’ record pay they must suffer a severe recession or depression, possibly record future inflation, collapsing home values, job losses and an income contraction? More from Zero Hedge on Government Sachs: Is Goldman Legally Frontrunning Its Clients? Everyone who is anyone on Wall Street has at some point used the Goldman 360 portal whether for research, news, keeping a track of prime brokerage portfolio or, disturbingly, for trading, via the REDI Plus 9.0 platform (now loaded with enhanced algo trading features to make life for you, dear soon to be front ran Goldman client, so much easier). A second widely accepted Wall Street concept is that a disclaimer is the last thing that anyone reads, if ever. Yet after taking a close look at the Goldman disclaimer for the 360 portal, which is an umbrella waiver or all downstream websites, including REDI, one discovers the following gem: Monitoring by GS: Your use of the products and services on this Web site may be monitored by GS, and that the resultant information may be used by GS for its internal business purposes or in accordance with the rules of any applicable regulatory or self-regulatory organization. One second: by using Goldman 360 a client voluntarily allows Goldman to provide keystroke by keystroke data of everything the client does, even if that includes launching trades via REDI, to Goldman for the internal business purposes. The third
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thing everyone on Wall Street agrees on is that "internal business purposes" usually (and in Goldman's case, almost exclusively) means proprietary trading. http://zerohedge.blogspot.com/ As many as one in five U.S. hotel loans may default through 2010 as the recession means companies are spending less on travel and perks, according to University of California economist Kenneth Rosen. A Florida woman tragically committed suicide on the day she was getting evicted from her home. Heather Newnam, 28, of Tamarac, Fla., shot herself when a real estate agent, a locksmith and movers showed up at her home on Monday after she failed to pay her rent. She told them she had to secure the dogs first, and then a shot was fired, according to the Broward Sheriff's Office . The SWAT team arrived on the scene and found her dead from a gunshot wound to the head. Newnam documented her life on Twitter as user rsangel04. Her last post on June 24 read, "Rich get richer, poor get poorer, families on the street, govt doesn't care. God bless the usa, but can He save it?" The day before, Newnam seemed in better spirits. "Five minutes til Rescue Me, Woo Hoo! then bed, Im beat." According to the New Times , Newnam worked in sales at the Success Research Group in Oakland Park, Fla. The housing market in Florida is among the worst in the country. According to a recent Wall Street Journal report , Florida was third in the country with the highest foreclosure rate behind Nevada and California. {This is only the beginning, unfortunately many more will follow. The blame rests at the feet of the Illuminists.} “Washington Post Publisher Katharine Weymouth today canceled plans for a series of policy dinners at her home after learning that marketing fliers offered lobbyists access to Obama administration officials, members of Congress and Post journalists in exchange for payments as high as $250,000.” The controversial climate bill that is set to be taken up by the Senate on Monday after its passage in the House will legislate home inspections by government regulators who will demand to audit every aspect of your property under the threat of substantial and repeated fines if their visits are denied or their demands not satisfied. Here is the deal. The US has lost its manufacturing, so the government is going to "create jobs" by pouring tons of gratuitous regulatory compliance on us all, to justify hiring inspectors at taxpayer expense who will in turn force us to purchase improvements to our homes. Everybody works!!!!! But here is where the "solution" breaks down. Where is the money coming to PAY for all this regulatory compliance? The government is still acting as if they believe there are vast sums of cash floating around out here in the real world, and that saving the economy is simply a matter of taking it away from all of us. SAIC, one of the Pentagon's largest contractors, conspired with federal officials to rig a $3.2 billion technology contract and tried to cover up the scheme by destroying documents and electronic records, federal prosecutors said in newly unsealed court documents. The Justice Department announced yesterday that it had joined a whistleblower lawsuit filed in federal court in Mississippi asking for a monetary judgment against SAIC, which has already been paid $116 million under the contract. The MBA mortgage purchase applications index fell 4.5% and the total market index fell 18.9%. The refi index fell 30% vs. plus 5.9%. The 30-year fixed rate
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mortgage fell 10 bps to 5.34% and the 15’s fell 12 bps to 4.81%. Applications fell to a 7-month low. This does not bode well for the biggest real estate month of the year. The MBA, Mortgage Bankers Association, of purchase and refinance loans decreased 18.9%, the lowest since 11/21/08. Higher rates and unemployment is hurting the market. Barry Sotoro (Barak Obama) has the public bamboozled while his Team B from the Illuminati replace Team A as official looters. The House and Senate aids and abets. What is going on can only end badly. On Wednesday, the dollar took another blow being unable to break back above 80 on the USDX, closing a very weak 79.66. The dollar is setting up for a major fall to 7.18 by the end of October, maybe even sooner. US private employers cut 473,000 jobs in June, off from 485,000 lost in May. Challenger reports planned job cuts will be 74,393 down from 111,182 in May. The Monster Employment Index fell 1-point month-on-month in June to 117, off 11.81%. The ISM Index of national factory activity edged up to 44.8 in June from 42.8 in May. Prices paid were 50.0. May pending house sales rose 0.1% to 90.7 from 90.6 in April. May construction spending was the lowest in five years at a minus 2.9%. Private construction dropped 1%, the lowest in six years. That marks up 35% of private building. It fell 3.4%, its lowest level since 12/95. Public construction fell 0.6% in May. Highway and street construction fell 1.3% and power plant construction fell 6.5%. Transportation rose 0.6% and education was up 0.5%. San Francisco Fed bank president Janet Yellen says lending rates could stay near zero for a couple of years. We see trade war soon. Countries are all manipulating their currencies, subsidizing products and Russia and China are making arrangements that exclude the US and the dollar, further undermining the US dollar – the world’s reserve currency. The paper dollar war, which began in the late 1960s, is soon going to explode and we could have serious problems, which could become a bank holiday. Russia and China have ambitions for world domination and they are slowing undermining the US position of power. This can only end in nuclear war. Fed Chairman Ben Bernanke says an audit of the Fed would destroy the dollar and he is right. It would expose all the offshore secret accounts, the market rigging via their 21 dealers whom they direct. That there is little gold left in Fort Knox and all the secret agreements the Treasury and the Fed have with other governments and corporations are secret. All the real figures on money and credit would be exposed as well as their sweetheart deals with banks and Wall Street. Their part in aiding and abetting crime would be exposed as well. We’d find out what we have been paying for toxic bank assets. We would find all the major banks and brokerage firms are bankrupt. The public would find out who has been screwing them for all these years. The Fed is a fraud and it is broke. It could be they cannot deliver. The BLS, the Bureau of Labor Statistics, using the Birth/Death ratio added 185,000 jobs in June from out of thin air. U6 officially is 16.5% unemployment. Our research puts the unemployed at 20.5%. The commercial paper market continues to deteriorate. It fell $18.1 billion to $1.136 trillion, down from $1.155 trillion the prior week. In two years it fell from $2.2 trillion. Asset backed CP fell $13.6 billion vs. a fall of $21.3 billion the prior week. Unsecured financial issuance fell by $3.2 billion after rising $18.2 billion the prior week.
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There has been absolutely no attempt by the Treasury, the Fed, the SEC, CFTC, the Congress or the FDIC to find out what went on at AIG. Trillions of taxpayer funds have been poured into and through this CIA front. This is criminal. It might interest you to know that Larry Summers is a big equity holder in Blackrock, one of our short recommendations. He recently handed out a slew of no bid contracts to Blackrock, which is certainly a conflict of interest. They will manage government mortgage portfolios for Fannie Mae and Freddie Mac. Big banks have just raised fees 20% more than smaller lenders. Some are billing small-business customers for FDIC insurance increases. ATM charges, stoppayment fees, checking-account fees, and overdraft fees are soaring. This is how they will make up revenue lost on credit cards. Bonuses at Goldman Sachs will average $700,000 per employee to total $20 billion. That is double last year. ***** Army Major General of Intelligence says "911 was a fraud! http://www.youtube.com/watch?v=daNr_TrBw6E Description below copied from the video. Some of this info I knew and confirmed and some of it new to me. Major General Albert "Bert" N. Stubblebine III, head of all intelligence says: Pentagon NOT hit by a plane WTC 7 brought down by explosives Media in America is controlled A terrible pilot hits pentagon accounting office holding records of missing 3 trillion in oil for money scheme & missing 2.3 trillion in DOD expenses Pentagon debris a single 3-foot engine Proven not related to 757 FBI took all recordings & refuses to show ***** The FCC had all records on criminals like Paulson, Geithner, Ruben, Summers & others engaging in that illegal activity. But all the records of those illegal trades were destroyed when WTC 7 was brought down by thermite on 9/11! 911 was a public snuff film used to shock the public and enact the end of the Bill of Rights & invasion of oil bearing countries, & make money for private companies like Halliburton, (stock from 10 to 50 a share)! By destroying the WTC, they were able to cover up theft of gold bullion & destroy illegal financial transaction records performed just prior to the attacks Silverstein spends 140 million to make 7 billion almost over night; Silverstein said it was demolished by explosives, (pull it) It reminds me of CIA man Byrd, the owner of TX School Book Depository, who turned a 2.5 million insider purchase into 26 million dollars thanks to JFK assassination! Lear Corp., the world’s second- largest maker of automotive seats, is planning to file for Chapter 11 bankruptcy after reaching an agreement with representatives of secured lenders and bondholders. Battered mortgage giant Freddie Mac received $6.1 billion in new funds from the Treasury Department to help offset its mounting liabilities, according to a regulatory filing submitted Wednesday.
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The company could also be close to naming a new, permanent CEO, according to a report in The Wall Street Journal. The Federal Housing Finance Agency, which has been operating Freddie Mac since last fall, requested the funds for Freddie Mac after the mortgage firm's liabilities exceeded its assets by more than $6 billion, according to the filing with the Securities and Exchange Commission. After drawing the funds, Freddie Mac has now received $51.7 billion from the Treasury Department and still has access to an additional $149.3 billion to help it finance operations. ***** EPA's own research expert 'shut up' on climate change Government analyst silenced after he critiques CO2 findings By Chelsea Schilling © 2009 WorldNetDaily http://www.wnd.com/index.php?fa=PAGE.view&pageId=102031
***** http://mgray12.wordpress.com/2009/06/27/no-cap-on-trade-profits/ Cap and Trade will inflate Wall Street's new profit bubble. Update on the upcoming bank holiday. Michael Gray Deputy Sunday Business Editor New York Post [email protected] ***** We want you to hound every member of the House demanding that bill be taken out of Committee. Bob House support for Fed audit plan swells 245 now support full review of monetary policy-makers http://wnd.com/index.php?fa=PAGE.view&pageId=102693 ***** NYSE Halts Transparency, Feels Goldman Program Trading Disclosure Is Unnecessary ***** Joe Saluzzi, Themis Trading, Bloomberg TV, 06-30-09 http://www.youtube.com/watch?v=g0U1vMUa2sc&eurl=http%3A%2F%2Fma xkeiser.com%2F&feature=player_embedded ***** Michael Hudson's "Super Imperialism:" The Economic Strategy of Imperial America http://sjlendman.blogspot.com/ *****
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Reviewing Marjorie Cohn and Kathleen Gilberd's "Rules of Disengagement: The Politics and Honor of Military Dissent" by Stephen Lendman http://sjlendman.blogspot.com/ ***** U.S. Job Report Suggests that Green Shoots are Mostly Yellow Weeds http://www.rgemonitor.com/roubinimonitor/257210/us_job_report_suggests_that_green_shoots_are_mostly_yellow_wee ds ***** This is a new website that we recommend for all patriots. www.LibertyTreehouse.com ***** Bernanke Threatens Economic Collapse If Fed Audited http://www.prisonplanet.com/bernanke-threatens-economic-collapse-if-fedaudited.html ***** Disgraced financier Bernard Madoff has been ordered to forfeit over $170 billion, prosecutors said yesterday. US District Judge Denny Chin entered a preliminary order of forfeiture yesterday, according to Acting US Attorney Lev Dassin. The order forces Madoff to give up his interests in all property, including real estate, investments, cars, and boats. According to earlier court documents, prosecutors reserved the right to pursue more than $170 billion in criminal forfeiture. That represents the total amount of money that could be connected to the fraud, not the amount stolen or lost. The government also settled claims against Madoff’s wife, according to yesterday’s order. Under the arrangement, the government obtained Ruth Madoff’s interest in all property, including more than $80 million of property to which she had claimed was hers, prosecutors said. The order makes it clear that nothing precludes other departments or entities from seeking to recover additional funds. The agreements strip the Madoffs of all interest in properties belonging to them, including homes in Manhattan, Montauk, and Palm Beach, Fla., worth a total of nearly $22 million. ***** White House Denies Indefinite Detention Order Saturday 27 June 2009 http://www.truthout.org/062809D?n ***** Mr. Sunshine? Ron Paul Wins Support to Audit Fed Reserve Rep. Ron Paul so far has won 245 co-sponsors to a bill that would require a fullfledged audit of the Federal Reserve by the end of 2010. http://www.foxnews.com/politics/2009/06/24/mr-popular-rep-paul-winssupporters-fed-sunshine/ *****
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CNBC talks clearly about manipulation of the markets. Market manipulation obvious to CNBC analysts If manipulation is obvious to CNBC analysts now, soon even some mainstream gold market analysts may have trouble denying it. You can watch the CNBC segment here: http://www.cnbc.com/id/15840232?video=1167028705&play=1 ***** CIA Crucified Captive In Abu Ghraib Prison By Sherwood Ross http://www.legitgov.org/ross_cia_crucified_suspect_280609.html ***** Obama issues signing statement on $106B war bill http://thehill.com/leading-the-news/obama-issues-signing-statement-on-106b-war-bill2009-06-26.html ***** CIA has Distributed 400 Million Dollars Inside Iran to Evoke a Revolution http://pakalert.wordpress.com/2009/06/18/cia-has-distributed-400-million-dollarsinside-iran-to-evoke-a-revolution/ ***** Homeland Security and U.S. Army Plan Invasion of States Jim Kouri http://www.infowars.com/homeland-security-and-us-army-plan-invasion-of-states/ ***** California: A Dream Decimated http://www.washingtonpost.com/wpdyn/content/article/2009/06/30/AR2009063003099.html **** Manhattan Real Estate Crashes http://www.businessinsider.com/manhattan-condo-markets-crashes-in-q2-20097 ***** NY City apartment sales down over 50 percent http://www.reuters.com/article/newsOne/idUSTRE5610PP20090702 ***** Cap and Trade Will Lead to Capital Flight http://www.24hgold.com/english/news-gold-silver-cap-and-trade-will-lead-tocapitalflight.aspx?article=2158023982G10020&redirect=false&contributor=Ron+Paul ***** Rep. Thaddeus McCotter Speaks Out Against Cap and Trade http://revolutionarypolitics.com/?p=1430 ***** The high cost of 'green jobs' Spain learns the hard way – more employment lost than gained http://worldnetdaily.com/index.php?fa=PAGE.view&pageId=102752 ***** 17
Martin Bormann was Rothschild Agent -- Damning Evidence http://www.henrymakow.com/martin_bormann_was_rothschild.html ***** Staffer at SEC Had Warned of Madoff http://www.truthout.org/070209B?n Zachary A. Goldfarb, The Washington Post: "An investigator at the Securities and Exchange Commission warned superiors as far back as 2004 about irregularities at Bernard L. Madoff's financial management firm, but she was told to focus on an unrelated matter, according to agency documents and sources familiar with the investigation." ***** Francois Vidal | The Madoff Scandal: Nothing Is Settled http://www.truthout.org/070209F?n Three Francophone editorialists argue from right, left and center that Bernard Madoff's sentencing for the swindle of the century fails to reveal both the inner workings of that swindle and other dark sides of the whole financial system. One asks, "Will Madoff's punishment exonerate those who are responsible?" ***** Lawsuit now accuses Xe contractors of murder, kidnapping http://hamptonroads.com/2009/07/lawsuit-now-accuses-xe-contractors-murderkidnapping ***** Joe Biden tells ShalomTV ‘I am a Zionist’ http://www.jewishjournal.com/elections/article/video_joe_biden_tells_shalomtv_i _am_a_zionist_20080823/ ***** How to Deal With America's Empire of Bases: A Modest Proposal for Garrisoned Lands http://www.truthout.org/070209T?n ***** Eager to Tap Iraq's Vast Oil Reserves, Industry Execs Suggested Invasion http://www.truthout.org/070309J?n India Joins Russia, China in Questioning U.S. Dollar Dominance http://www.bloomberg.com/apps/news?pid=20601080&sid=aSx4wlTQzexM ***** WHEN THE WORLD GOES DOWN, LOOK UP! Obama Taking U.S. in 'Descent into Marxism,' Soviet-Era Newspaper Commentary Says [Excerpts] A commentary published in the once-official newspaper of the Soviet Union heralded America's "descent into Marxism" citing the United States' takeover of General Motors, poor education standards, and the election of Barack Obama as president. The opinion piece in Pravda...was written by Stanislav Mishin. "It must be said, that like the breaking of a great dam, the American descent into Marxism is happening with
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breath-taking speed, against the back drop of a passive, hopeless sheeple, excuse me dear reader, I meant people," wrote Mishin. "First, the population was dumbed down through a politicized and substandard education system based on pop culture, rather than the classics. Americans know more about their favorite TV dramas than the drama in D.C. that directly affects their lives." Secondly, "their faith in God was destroyed, until their churches, all tens of thousands of different 'branches and denominations' were for the most part little more than Sunday circuses and their televangelists and top protestant mega-churches were more than happy to sell out their souls and flocks to be on the 'winning' side of one pseudoMarxist politician or another." http://www.cnsnews.com/public/content/article.aspx?RsrcID=48929 [TBC: The writer goes on to assert that our current leadership is doing everything necessary to ensure our nation's collapse. To those without Christ, the future certainly is dark. The Lord exhorted believers, however, "And when these things begin to come to pass, then look up, and lift up your heads; for your redemption draweth nigh" (Luke 21:28). ***** From an Interested Reader: Hi, Two papers in California have been targeted for extinction by Zionist partisans. One is the Coastal Post in Marin, whose free papers began disappearing after editor Don Deane published a piece critical of Israeli policy. Another is the Berkeley Daily Planet [long discussion piece on the financial attack against them is below]. Personal visits advising advertisers in the Daily Planet to withdraw ads are reminiscent of Mafia tactics. The attachments concern the ADL’s attack on Jewish UCSB Professor William Robinson, who exposed his students to different perspectives on this year’s Israeli attack on Gaza. Although the university decided in Robinson’s favor, the ADL succeeded in chilling debate on the Middle East for 5 long months. Robinson has admitted to worrying about his personal safety. The ADL’s heavy-handed attacks on free speech will end in loss of our treasured First Amendment right to speak on issues, ideas, people, and policies unless the public wakes up to the need to resist. Freedom was never won nor preserved through passivity. A political point of resistance is opposition to the Hate Crimes/Speech legislation before Congress. The Bill was drafted by the ADL. Although the ostensible purpose is to protect homosexuals, the history of hate speech legislation in Canada, Germany elsewhere suggests that the eventual goal is to protect Israeli policy from criticism. The Campaign Against the Daily Planet http://www.berkeleydailyplanet.com/issue/2009-06-04/article/33078 *****
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http://www.marketoracle.co.uk/Article11485.html "Just like Alan Greenspan I have a conundrum. Barack Obama hit on it the other day when he suggested that the US might have lost its moral compass. I think he’s right. How can anyone justify the theft of $3.8 billion by Merrill Lynch executives as bonuses just prior to their being taken over? Or Secretary Paulson and Ben Bernanke allegedly heavying the CEO of a publicly listed firm (Bank of America) to withhold information from their shareholders. Or Secretary Paulson arranging transfers of taxpayer funds to support AIG and then flow through to his comrade mates on Wall Street. Or PIMCO being a major advisor to the government, only to see that bond-holders won’t need to take a hair-cut on their investments, but instead that burden will fall onto current and future generations, or more likely foreign investors in US treasuries and bonds. Surely these must be regarded as some of the biggest cons and heists in American history. The less well connected get 3-5 years for low-level theft and yet these schmoozers get away with grand larceny. How can the Obama government allow this to occur without full accountability? Unless the US re-aligns its moral compass it won’t matter which direction it goes as it will be wrong." By Phil Williams - Brisbane Australia ***** The panopticon economy The NSA’s new data-mining facility is one component of a growing local surveillance industry http://www.sacurrent.com/news/story.asp?id=69607 ***** Inoculations: The True Weapons Of Mass Destruction Rebecca Carley, M.D. Infowars June 28, 2009 http://www.infowars.com/innoculations-the-true-weapons-of-mass-destruction/ ***** Buchanan: Climate Bill Is Transfer Of Wealth To World Government http://www.infowars.com/buchanan-climate-bill-is-transfer-of-wealth-to-worldgovernment/ ***** Lawmakers Attack Fed For Being Too Secretive http://money.cnn.com/news/newsfeeds/articles/djf500/200906251720DOWJONES DJONLINE000958_FORTUNE5.htm ***** The Bite of Bank Fees http://www.washingtonpost.com/wpdyn/content/article/2009/06/26/AR2009062604974.html?wpisrc=newsletter ***** From a Fellow subscriber: Hi, Bob: Look at this. I'm rather surprised that this has come out. Of course it's true.
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Madoff linked to intelligence agencies cid:[email protected] http://www.russiatoday.com/Top_News/2009-0616/Billionaire_Madoff_tied_to_intelligence_agencies.html?fullstory Here's an important quote: It is also reported that a number of key Madoff employees died suddenly from various causes, including what was described as "fast-acting cancer." The cancer victims included Madoff's 55-year old in-house lawyer and his "midfifties" computer software engineer. The woman who created Madoff's overthe-counter stock trading system was struck and killed by a bus while walking to Bloomingdale's in Manhattan. The remark about fast acting cancer is very important. Here's why: While Col. John Alexander was running the Los Alamos Non-Lethal Weapons Program, some interesting devices were developed including a covert assassination device that produced heart attacks, strokes and fast acting cancers. I learned this from someone who was knowledgeable about the program As I recall the device utilized a radio frequency carrier, but was basically a microwave device. Thy emit selected frequencies that are biologically active and very harmful. The equipment is portable and can be made quite small. I was warned that people who got crosswise with Alexander tended to die of heart attacks and fast cancers, and warned of the symptoms, which began with sleep disturbances. I forgot about the warning until I suddenly experienced a sleep disturbance. There was no reason for it. I've always been a good sleeper. I concluded that an outside influence was at work, and got an engineer friend to come over with his meter. Sure enough, he discovered an anomalous rf source. The device that produced it was under the floor, in a basement to which I did not have access. For various reasons it was infeasible to retrieve the device although I would have liked to see it. Instead I bought a sheet of metal, drilled a hole in a corner and ran a wire to the plumbing. Then I threw a rug over it for the sake of aesthetics. The sleep disturbance ceased immediately. Several months later the engineer came back for another check. The anomalous rf source was gone. I surmise that they came and got their device. I survived because I'd been warned. Steven Greer and Sheri Adamiak, the founcers of CSETI, weren't so lucky. CSETI flourished for several years under covert government supervision and with funding from the Rockefellers. Then Greer broke with his handlers and tried to lobby Congress directly. He and Sheri immediately came down with fast cancers. Greer is an MD and spotted his cancer while it was still operable, but Sheri died. Greer now lives in Europe. I understand that he is telling everyone who will listen that the US government tried to kill him.
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It's a dangerous world, Bob. I owe my life to that warning. Feel free to share this story with anyone you might know who is a potential target, or print it in the IF with my name redacted. Warm regards, We exposed this information as soon as the case broke, months ago. Billionaire Madoff tied to intelligence agencies http://www.russiatoday.com/Top_News/2009-0616/Billionaire_Madoff_tied_to_intelligence_agencies.html ***** This fun YouTube video features a 1980s pop classic. The rock band Toto scored their biggest hit with Africa in 1982. The song is instantly recognizable. But it has been reinvented. Perpetuum Jazzile is an a cappella jazz choir from Slovenia. It’s hard to think of something further from an ‘80s rock band. But their version of Africa may best the original. The group has amazing voices. But the beginning of this video is really striking. Group members simulate an African thunderstorm with their hands. It’s really something to see and hear. http://videos.komando.com/2009/06/18/african-thunderstorm/ *****
“US to conduct unprecedented surveillance over Internet” http://www.russiatoday.com/Top_News/2009-0702/_US_to_conduct_unprecedented_surveillance_over_Internet_.html
***** From a Fellow Subscriber: Bob- heard you on Alex Jones (I believe last Wednesday) speaking of the possibility of a Bank Holiday late August/early September. Just to let you know. A good friend of mine went to school with a guy who is a senior analyst for a very well known investment firm who reported to him about two months ago; in essence the whole economic structure is, “A house of cards.” THIS SAME ANALYST ALSO SAID HE HAD A FRIEND AT THE LOS ANGELES OFFICE OF THE FDIC WHO TOLD HIM THAT THEY WERE INCREASING THEIR STAFF BY 800% IN PREPARATION OF THE UPCOMING BANKING FAIURES IN OCTOBER. Thought you might be interested. Best wishes ***** From a Fellow Subscriber: Looks like Grassley is now going after Amtrak in addition to AmeriCorps.
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After hiring a law firm to issue a report on Amtrak's practices, Amtrak IGFred Wiederhold resigned UNEXPECTEDLY on THE SAME DAY he presented the report to Amtrak leadership (JUNE 18th). HUGE! http://barracknow.blogspot.com/2009/06/inspector-general-probe-widening.html ***** From a Fellow subscriber: My bank is acting weird. They provide withdrawal slips, which had a carbon copy. Now they won't accept those slips and you need the new ones, which have no copy. They said the deposit slips will also change. Hmm. BB&T has told me I can take only one withdrawal per day. I have a personal and business accounts there and my daughter has a savings account. I was taking money out of both my accounts that day. I just looked at the teller and said, "Are you sure you want to say that to someone that does radio?" She gave me my money. I don't leave more than $200 in the accounts at any time. I'm there 2-3 times a week depositing checks and money orders and after it posts taking out the money. I don't write checks anymore, I don't use debit cards either. I only in an emergency use my credit card. I pay by cash and money orders (which has made balancing accounts easy). PS Bob: Our post office here said more and more people are coming in and getting money orders. I believe people are sensing that the banks will go. ***** From a Fellow Subscriber: Howdy Bob: An important error OR omission was contained in your most recent version of the I. F. The recent I.F. said that J.P. Morgan Chase had raised fees on balance transfers from 2% to 5%. That may be true BUT The really important increase was that "minimum payment(s) due will increase from 2% to 5% of the ending balance on your monthly statement" Outrageous! Of course this works an extreme hardship on people struggling to pay their credit card bills and will drivesome of them into bankruptcy! ***** From a Fellow Subscriber: This is an outrage! Stop watching all the hype about Michael Jackson, and find out about Cynthia McKinney, she is an African American Politician who was personally sending aid to the people of Gaza. She is proof that there are still brave Americans willing to do what is right in the name of freedom and justice. God bless her soul, wish her the best and remember to include her in your prayers, she needs it! Even if your an
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Atheist you can still wish her the best! Spread the word and help save a fellow American citizen from the tyranny of Israel. Israel Kidnaps Cynthia McKinney, Human Rights Workers http://www.infowars.com/israel-kidnaps-cynthia-mckinney-human-rights-workers/ ***** From a Fellow Subscriber: Hi, Bob, Found this while going through some of the NWO quotes I've collected. Although, I would substitute [the Bilderbergers] for [the Soviets]. This quote says it all about what is happening before our very eyes today... "They [the Soviets] intend...to induce the Americans to adopt their own 'restructuring' and convergence of the Soviet and American systems using to this end the fear of nuclear conflict.... (North Korea?) Convergence will be accompanied by blood baths and political re-education camps in Western Europe and the United States. The Soviet strategists are counting on an economic depression in the United States and intend to introduce their reformed model of socialism with a human face as an alternative to the American system during the depression." --- Anatoliy Golitsyn, The Perestroika Deception 1990 and Obama has been anointed ringmaster for the greatest show on earth. ***** From a Fellow Subscriber: Hi Bob—Rumor has it that writer Peter Lance in his updated revised paper back edition of his book “TRIPLE CROSS” outs Bush-Clinton crime syndicate stooge and lawyer criminal Pat Fitzgerald as a closet homosexual and 5x visitor to lawyer criminal Barney Franks homosexual whorehouse—where it is rumored that Pat Fitzgerald got into some MAN-ON-MAN ACTION—on a regular basis with both lawyer criminal Barney Franks and Mossad king pin Jeff Gannon—as well as NBC news reporter Chuck Todd—rumor has it that Fitzgerald was actually arrested by the FBI at Barney Frank's D.C. whorehouse during an FBI sting "Operation Brownstone" in the late 1980s----Pat Fitzgerald is desperately and futilely exerting himself— “LEGALY”—pun intended—to “TRY” to prevent some or all of the above from coming out—but that ship has sailed—“TRIPLE CROSS” is available from amazon.com—for only $12—and writer Peter Lance website with Pat Fitzgerald’s— “blowback” — reaction’s—pun intended— to the book are below—as well as the direct Amazon.com link to the book—the subscriber base can help to destroy fascism in the USA by spending $12 at amazon.com—buying copies of the book for themselves and everyone else that they know—Pat Fitzgerald is a key lawyer criminal enabler and cover up artist of the 9-11 atrocity—Pat Fitzgerald is now a big liability to the Wall Street--CFR-- Illuminists who did the 9-11 job--so he might be a dead man walking. http://www.peterlance.com/peterlance.com/Home/Archive.html
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http://www.amazon.com/Triple-Cross-Ladens-MasterPenetrated/dp/0061189413/ref=ed_oe_p/002-3199124-3055211 ***** From a Fellow Subscriber: http://www.youtube.com/watch?v=SzmYI_4XCbM Part 1, Please watch and judge for yourself! http://www.youtube.com/watch?v=vQCCDttLhA4&annotation_id=annotation_135427&f eature=iv Part 2 http://www.youtube.com/watch?v=rVcyM2Z4Ego&feature=channel ***** SOCIALIZED MEDICINE Illegals to kill Obama health plan? Immigration problem threatens administration's 'reform' http://www.redalert.wnd.com/index.php?fa=PAGE.view&pageId=362 ****** From a Fellow Subscriber: July 3, 2009 Congressman Mike Thompson United States House of Representatives 231 Cannon House Office Bldg. Washington D.C,. 20515-0501 Re: My Letter to you of June 30 Dear Congressman Thompson My wife thought that you and your fellows might take offense at the colloquial referral of “vermin” and “predators,” and my opinion that some of you belong in jail or possibly even on Death Row. However, if you followed the news this week, Bernie Madhoff got 150 years for about a $65 billion Ponzi scheme, to which most of the news media and his victims said he got what he deserved, even though he could have raped a dozen women and robbed half the banks in California, and probably been out in less than a life time. You congress folk have stuck us with all sorts of Ponzi schemes, starting, of course, with Social Security, and all sorts of bail outs just over the last 24 months or so the latter of which will probably saddled the poor taxpayers of the next two or three generation with a bill of close to $65 trillion, by time you figure in the accruing interest until it’s paid off, if ever. And we’re not even talking about mandatory “Teddy Care” that you all seem bent upon foisting on us. Now, a trillion is a thousand billion (just like a quadrillion, as in “Derivative Death Star” is a thousand trillion, a number of which I cannot even conceive), and there are less than 1000 of you in both houses. So 150 years each would be way less than the cumulative time Bernie will spend behind bars per billion he “Ponzied,” even if
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he lives that long. Actually, there may be more merciful ways to go, and even though John Paul II was opposed to the death penalty, it certainly would be quicker, to say nothing of cheaper (even if you factor in the fees the appellate lawyers would be generating for years to come) than a century and a half in the hoosegow. (No doubt, as with some of the consecutive life sentences they give PBSP inmates under “3 Strikes,” the correctional peace officers plan on standing inmates mummified corpses up in cells for a century or two in order to guarantee their kids state jobs for years to come.) It’s just to suggest that what’s sauce for the goose may well be sauce for the gander, and to ask one more embarrassing question: Where the hell was the SEC when Bernie was doing his thing? Or with whom was it in bed? Lets face it, the revolving door between Wall Street and it’s purported regulators, including the current Treasury Secretary and his predecessor, does not produce public confidence in the functioning of the financial system. Best regards, ps: Pardon my using double sided printing. I’m just trying to save paper. And even though this is not “recycled,” paper, mostly because recycling probably takes way more energy than growing trees in the sun and fog, converting them to pulp, and making new paper out of the residue! Like Captain Bruno, I don’t fit into the phony enviro mold. And I also wonder about you politicians who are in the anti-nuclear power camp while we waste the energy equivalent of the capital investment to construct Hoover Dam every day in trade deficits to import oil and gas we really could do without! That, by the way, would be another count in the Treason indictment I would probably draw up against most of the lot of you if they ever gave me access to a Grand Jury! Do you folks really believe in what you are doing, or are you out to destroy America???? ***** COMMODITIES The API report for last week showed crude oil inventories falling 6.82 m/b, as gas rose $209,000 barrels and distillates rose 723,000 barrels. Natural gas inventories rose 70 BCF this past week. GOLD, SILVER, PLATIN AND PALLADIUM On Wednesday, spot gold retrieved Tuesday’s losses and both gold and the shares finished a shade stronger than last Friday. Another attempt to take the price down has been beaten back. It finished up $14.10 to $940.60. As the August month advanced $1.00 less. Spot silver rose $0.15 to $13.68 and July traded $0.03 higher. Gold open interest rose 632 contracts to 379,199, as silver OI rose 95 to 104,594. The XAU rose 6.52 to 145.14 and the HUI rose 16.80 to 356.43. AEM rose 4.36%, or $2.29 to $54.77; GG rose 4.43%, or $1.54 to $36.29; SSRI rose 1.71%, or $0.32 to $19.07 as the cartel leaned on silver and MFN rose 6.39%, or $0.44 to $7.36. The ECB says one central bank sold 96 million euros, or 0.33 tons of gold last week. The prior week sales were 0.9 tons. We find it unique that JPMorgan Chase and HSBC control 97% of the silver market via shorting, yet it was not allowed when the Hunt brothers owned a fraction of that percentage on the long side in 1980. We were there; we know what happened. As you can see, market rigging is nothing new in our markets.
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HSBC Precious Metals cannot deliver only $100,000 in gold to GoldStar. It has been three weeks of non-delivery. The yen fell .0003 to $.8645; the euro rose .0122 to $1.4159; the pound rose .0032 to $1.6485; the Swiss franc rose .0106 to $1.0741; the Canadian dollar rose .9982 to $.8705 and the dollar index, USDX, fell again to 79.66 and is very close to a breakdown. Oil fell $0.59 to $69.30; gas fell $0.04 to $1.86 and natural gas fell $0.05 to $3.78. Copper rose $0.06 to $2.31; platinum rose $19.80 to $1,196 and palladium rose $4.05 to $255.00. The CRB rose 1.21 to 251.17. The Dow rose 57 to 8524; S&P rose 36 and Nasdaq 64 Dow points. The 10year was 3.53%. Thursday ended the market for the week and the cartel just couldn’t restrain themselves. They hit gold, silver and commodities and drove the dollar up. They had a terrible time keeping the Dow from falling 500 points. Spot gold closed off $990 at $930.70, as the July trade was $0.09 lower. Every time the unemployment numbers, which now are continually bad, come out, our government attacks gold and silver. Gold open interest fell 840 contracts to 378,359, as silver OI fell 3,625 to 100,969. The HUI fell 11.42 and the XAU fell 4.33 to 140. AEM closed out the week off 2.36%, or $1.29 to $53.48; GG fell 1.85%, or $0.67 to $35.62; SSRI fell 1.47%, or $0.28 to $18.79 and MFN fell 4.76%, or $0.35 to $7.01. The yen rose .0075 to $.9576; the euro fell .0140 to $1.4019; the pound fell .0074 to $1.6411; the Swiss franc fell .0073 to $1.0826; the Canadian dollar fell .0092 to $.8613 and the USDX rose .62 to 80.26. Oil fell $2.66 to $66.65; gas fell $0.07 to $1.79 and natural gas fell $0.16 to $3.64. Copper fell $0.02 to $2.29; platinum fell $10.00 to $1,186 and palladium fell $3.55 to $251.30. The CRB fell 5.31 to 245.86. The Dow fell 212 to 8291; S&P fell 234 and Nasdaq fell 241 Dow points as a result of the employment report. The 10-year Treasury note was yielding 3.50%. On Friday gold was trading in London at $932.40, up $3.75 and silver was $13.42, up $0.01. As we predicted the missing $19 million worth of gold from the Canadian Mint’s inventory has become a never-ending story. No one knows where the gold went, some 17,500 ounces. We believe it was leased to the US government and that they are using it at Comex to make deliveries on short positions. ***** The Senate Report By: Theodore Butler http://news.silverseek.com/TedButler/1246302473.php ***** Defusing the Dollar Bomb http://dailyreckoning.com/defusing-the-dollar-bomb/ ***** India gold dealers tap domestic stocks http://www.ft.com/cms/s/0/6d87233e-64d3-11de-a13f-00144feabdc0.html ***** Stop the Ponzimonium [and Pawns-a-monium] Shame on CFTC Commissioner Bart Chilton BY ROB KIRBY | JUNE 29, 2009
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http://www.financialsense.com/Market/kirby/2009/0629.html ***** Fair Treatment for Precious Metals Investors Act http://coinlegislation.com/fair-treatment-for-precious-metals-investors-act/ ***** We do not consider this a good deal. Politics had to have played a major part in this arrangement. UPDATE 2-Teck to sell 17 pct stake to China for C$1.7 bln http://www.reuters.com/article/marketsNews/idAFN0315307920090703?rpc=44&p ageNumber=1&virtualBrandChannel=0 ***** From an Australian Subscriber: I went to the mint today for my friend while he was at work and got a 20 ounce silver bullion AUD $376.20 . They have restocked silver 1 ounce coins in Ox and Koala's. No idea of quantities. BTW, great news on breaking the Canadian Mint "MISSING" bullion and your readers comment on taking delivery from COMEX. As your loyal subscribers how can we make life difficult for these people and a group? What are your thoughts? ***** DISCOUNT GOLD & SILVER TRADING 1800 375 4188 For the best in pricing and service for gold and silver coins, call Melody at 1-800375-4188. Be sure to listen to DGSTC with Bob Chapman live on Short-wave 7.415Mhz M-F 4:00PM ET, Replays Tuesday thru Friday 8pm RT 7.465Mhz 3.215 MHz M-F 11PM ET and weekly archives at discountgoldandsilvertrading.net Beware the Ides of July (or maybe August . . . or maybe even September) Every economic indicator shows the U.S. economy is still in trouble; still declining. And yet, the American people seem strangely calm. Am I the only one who thinks it’s almost too quiet . . . ? On June 10th, California’s state Controller John Chiang warned that if California didn’t find some additional and extraordinary source of funds within 50 days (by August 1st), California’s state government would suffer a “meltdown”. Mr. Chiang didn’t define “meltdown,” but he had to be talking about a catastrophic event wherein the California state government would be so impoverished that it would be unable to continue overpaying its employees and providing at least some welfare to poor Californians. California’s financial problems can be traced, in part, to political disputes and grandstanding by various California politicians. But those problems can also be traced back to our federal government which—in the name of “global free trade”—has slashed our tariff barriers, passed treaties like NAFTA, GATT and WTO, and thereby caused many of our industries to relocate to third-world countries to take advantage of cheap labor. Note that this “cheap labor” is primarily physical labor and that the industrial jobs that were shipped overseas were primarily “physical” jobs. Our federal politicians justified “global free trade” by promising that after shipping many of our industries and industrial jobs overseas, our economy would enter
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a “post-industrial” phase where most Americans would have service jobs like system analysts, hi-tech repairmen and mortgage application specialists. The idea of a pollution-free, service-based economy was beguiling. None of us would work hard. Few would get dirty. In essence, we’d all be paid to just shuffle each other’s applications for jobs, dental insurance and mortgages. Unfortunately, the idea of a service-based, post-industrial economy is idiotic. In the real world, if you don’t work, you don’t eat—and “work” ultimately means that you must produce some tangible things like food, clothing, automobiles, homes, dishwashers or computers. Yes—every economy has need for some “service” jobs— but an economy that does not primarily produce tangible “things” cannot prosper and will inevitably fall into exactly the kind of financial morass that now threatens the U.S. and California economies. When (thanks to gov-co “globalists”) our industries relocated overseas, they took the physical jobs that are generally most suitable for “poor people” who may lack the intelligence, education or psychological aptitude required to hold a “service” job or work in a corporate cubicle. The majority of America’s poor are good and decent people who may lack the qualities necessary to be system analysts, but who are nevertheless quite capable and entitled to work physically in an industrial facility. They are perfect for assembly line jobs. In the end, these “poor” people have a right to the kind of jobs that they are best able to do. In fact, after WWII, thanks to high tariffs and American industry, such people earned a good living, bought homes, raised their families and were content. But starting in the 1990s, gov-co forced their industrial (physical) jobs overseas, and thereby deprived these people of the very kinds of physical jobs that they were best able to do. Left without “physical” jobs and unable to perform “service” jobs, these poor people were essentially abandoned by gov-co to welfare, crime (drug dealing & prostitution) and (for the most adept) civil service. In fact, at the same time our industries were taking physical jobs overseas, state government employment was rising dramatically. Gov-co was taking the best of the poor and teaching them to be bureaucrats. Insofar as the feds drove many of the “physical” jobs out of the U.S. (and coincidentally, allowed millions of illegal aliens to enter to compete for whatever physical jobs remained), it’s not the least bit unreasonable that government should provide these jobless poor with welfare. And make no mistake—I’m no liberal. I’ve never sought nor advocated welfare. But when the government—for its own unAmerican, globalist reasons—drives the people’s jobs out of the country, that government has an obligation to provide the people with enough welfare to continue to survive. Or, failing to do so, that government must reasonably expect the poor to do what anyone else would do when they can’t find work or food: riot, rob, and plunder. Which brings me back to Controller Chiang’s warning of a California “meltdown” sometime after August 1st. If and when such “meltdown” takes place, the California state government will stop providing many services. But virtually no state services go to the rich—so the rich won’t be directly affected by a state government “meltdown”. Relatively few state services are intended for the middle class, so the middle class will also escape with direct injury. However, because state services are primarily intended for the poor—the poor will be adversely and dramatically affected by a California government “meltdown”. So, what do you suppose will happen if California turns off the welfare spigot? Can we reasonably expect that the poor—deprived of both physical jobs and welfare— will at least take to the streets to demonstrate? Of course.
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Next, note that California’s “meltdown” is predicted to take place in the midsummer. Summer is America’s riot season. No one riots in the winter—it’s too cold. Few riot in spring or fall. But a long, hot summer can provide an environment that’s highly conducive to both wildfires and fiery riots. Then, note that some estimate that there may be 250,000 gang members in southern California. (These are often the sons and daughters of poor parents who can no longer find adequate “physical” jobs because the genius globalists have shipped many of those physical jobs to China and India.) Some believe these So-Cal gang members are not merely armed better than the local police—but may be better armed than some U.S. infantry platoons. First, we’ve got a financial meltdown that may deprive the poor of their welfare. Second, we’ve got roughly 250,000 highly-armed gang members (sons and daughters of poor people). And, third, we’ve got summertime, summertime, sum-, sum-, summertime. Does it take a genius IQ to see these three ingredients and conclude that California just might be heading for a truly “riotous” summer? It would reportedly take about $26 billion to balance California’s books. President Obama’s not sending one cent. However, Governor Schwarzenegger didn’t ask for $26 billion. Because California’s credit rating is so low, the “Governator” merely asked that the Obama administration “co-sign” for a loan of $5.5 billion to get California though the summer (a/k/a the wildfire and riot season). Obama refused. I find President Obama’s refusal to assist California shocking. Disturbing. Frightening. Isn’t the Democrat party the one that’s here to help the poor? Isn’t President Obama seeking a Supreme Court candidate who has some “special sensitivity” to the problems of poor people? Can’t Obama see what may happen if the California poor run out of both jobs and welfare? California has the nation’s biggest single-state population. California has the biggest state economy (bigger than all but a handful of the world’s nations). California is big. Over the last nine months, our federal government has spent over $1 trillion to “bail-out” a number of Wall St. financial firms, banks and corporations that were deemed “too big to fail”. How is it that California (our most populous state and biggest state economy) is not also “too big to fail”? How can the federales justify giving most of $1 trillion to Wall St. but not even $5.5 billion to California? $1 trillion is $1,000 billion. California needs $5.5 billion (about 1/20th of $1 trillion) to make it through the summer (riot) months. Surely, the feds can see that California is facing a potentially explosive situation that could end in looting, fires and even widespread deaths. So why not provide California with a lousy $5 or $10 billion to at least reduce the probability of summertime riots? It’s insane to refuse to provide those funds. It’s like playing Russian Roulette with real bullets and real lives. By refusing to help California, President Obama risks real catastrophe. And California’s not alone. North Carolina, Mississippi, Indiana, Arizona, Illinois and Pennsylvania all also have multi-billion dollar deficits—though none to compare in size to California’s. Still, all of these states may also be entering the “Summer of Their Discontent” with insufficient funds to pacify the poor. It’s estimated that the total state deficits are about $240 billion—only about one-fifth of the sum the feds have already pumped into Wall St., some banks and corporations. And I guarantee that the states would shout with joy if the feds would provide just half of their deficits—$120 billion—which would be just one-tenth of bailout money so far spent on corporate entities “too big to fail”.
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And yet President Obama refuses to assist. How can this be? When you consider the season, the likely reaction when the poor are deprived of welfare and the dangerous consequences of rioting, I find the fed’s refusal to help frightening. Why? Because, under these circumstances, the refusal to send funds makes absolutely no sense. It is irrational. It is insane. Unless . . . unless the fed’s want a riot . . . unless the feds want a pretext (like 9/11) to pass some act or do something so unthinkable that it would be politically impossible except in the context of a dire emergency. Suppose riots break out in California. What are the odds that similar riots would also break out in other states unable to provide sufficient welfare? What happens if riots break out in two, three, or more American cities? Under the pretext of multiple riots, could the Obama administration stampede Congress into passing another “emergency” bill without even reading it? Answer: Absolutely—that’s already been done repeatedly (the Patriot Act after 9/11, the bail-out bill of A.D. 2008 and the recent “cap and trade” bill). It can be done again. If so, what sort of bill might we expect? Three possibilities come to mind: 1. Gun Control. If LA is populated by 250,000 armed gang members, we can reasonably expect to see a lot of people (including police) die from gunfire in a widespread LA riot. Could such fatalities provide sufficient pretext to pass a draconian gun control bill? Maybe—but I doubt it. More precisely, while such law might be passed, I doubt that any such law is likely to be enforceable. I don’t believe that any pretext will be sufficient to persuade Americans to voluntarily surrender their firearms. And government should have brains enough to avoid passing laws they can’t enforce without widespread voluntary compliance. 2. Bank Holiday. Economist Bob Chapman (International Forecaster) has predicted that a “bank holiday” may be planned for this summer. If so, such “holiday” could be easily justified under the pretext of multiple summer riots. 3. Default. LEAP/E2020—a highly-respected European think tank—has warned that “on the eve of summer 2009, the question of the US and UK capacity to finance their unbridled public deficits has become the central question of international debates, thus paving the way for these two countries to default on their debt by the end of this summer.” It would be far easier for gov-co to default on its debts while the American people were distracted by TV coverage of widespread rioting. 4. ??? At least some of the people in Washington DC are not only smarter than me but even sneakier. I wouldn’t be surprised if they used the pretext of multiple riots to pass any number of bills on subjects that I can’t yet imagine. More, it may be that California Controller Chiang’s June 10th prediction of meltdown after August 1st may have been overly optimistic. California is already sending out over 28,000 “IOU’s” to people who expected to receive a state income tax refund. Plans are afoot to send similar “IOU’s” to state government vendors, contractors, municipalities and even students expecting student aid checks. People will receive IOU’s now with promises of hopefully being paid later—perhaps next fall. How do you suppose the IOU recipients are going to react? Almost all common Americans are in a state of financial stress. Most are living hand-to-mouth. Virtually all IOU recipients were counting on receiving a check rather than an IOU. For some, these IOUs will result in mortgage foreclosures, losing homes, cars, utilities. You know that many of these people are already desperate. You have to know that many will be infuriated by the IOUs. Angry people make for explosive riots.
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It’s enough to make me laugh like an undertaker. It’s a perfect storm. What do you suppose those college kids will do if their student aid checks are replaced by “IOU’s”? College kids live to riot. The only reason most of ‘em go to school is for a chance to “act out”. California may soon give them their chance. And note that once a riot starts for any reason, for no reason, it can quickly escalate—just like a wildfire— into widespread destruction and death. Therefore—rather than having a financial “meltdown” in early August (as suggested by Controller Chiang) and possible riots later that month—it’s not impossible that California could see riots as early as mid-July (the “ides” of July) as reaction to its “IOUs”. But who can say? Maybe the riots can be delayed until August, or September or even early October. With luck, we might not see any riots at all. In any case—while summer riots can’t be predicted with certainty, the probability of summer riots is increased by the states’ financial deficits and the feds’ refusal to help. More—the feds’ refusal to hand out a relative pittance to the states—seems so irrational that I can’t help but be suspicious. Why won’t the feds help? Any fool can see that these circumstances at least increase the chances of riots. To me, it seems so easy for the feds to reduce the probability of riots by simply distributing a mere $50 billion to the states, that I can’t avoid a frightening conclusion: the feds want riots. And if they want ‘em, you can bet we’re gonna have ‘em. You can bet that if the feds want riots as pretexts for draconian laws or as distractions from defaults, there will be agent provocateurs who will ensure that, come the Ides of July (or maybe August or maybe September), devastating and catastrophic riots do take place. Again, I’m not predicting summer riots. I’m simply describing what seems to me to be a chain of “logic”. That logic suggests, first, that the Obama administration’s seemingly irrational refusal to aid the states will increase the probability that riots might take place; and second, if the Obama refusal is not irrational, then it may be intended to precipitate such riots. I hope I’m wrong. I hope the riots don’t take place. I hope our federal government is not sufficiently treasonous to precipitate riots. But if my chain of “logic” makes any sense to you, then now—right now—might be a very good time to insure that you are fully prepared for the “Ides” of July, August and September. How are you fixed for food? Water? Guns? Gold? Buckle up. email us at: [email protected] Discount Gold & Silver Trading Co. provides all forms of precious metals including gold, silver platinum and palladium whether you are buying or selling. Our inventory includes but not limited to the American Gold, Silver, Platinum Eagle and numismatic products including rare, investment and circulated coins. Silver dollars, silver bars, rounds are on hand for the silver investor. Foreign gold is also available. Call for information regarding your precious metal gold and silver IRA. 1 800 375 4188 ***** EUROPE Serbian prosecutors filed war crimes charges yesterday against 17 former Kosovo guerrillas for the alleged murder, rape, and torture of Serb civilians. 32
The indictment said the suspects are charged in connection with the kidnapping of 159 Serbs and the deaths of at least 51 of them in the eastern Kosovo town of Gnjilane in the wake of Kosovo’s 1998-99 war. They are charged with “murder, rape, detention, mutilation, torture, and looting,’’ the indictment said. The charges carry up to 20 years in jail. Nine of the 17 men were arrested in December in a predominantly Albanianpopulated region of Serbia bordering Kosovo. Eight of the suspects are at large and were charged in absentia. Defense lawyers for the suspects were expected to be appointed after the charges were filed. The families of those arrested have said they are innocent. The war in Kosovo - then a province of Serbia - began with an ethnic Albanian separatist rebellion against the Serbian rule, and ended after a 78-day NATO bombing campaign that forced Serbia’s army and police to pull out of Kosovo. Spain's jobless claims shrank in June for the second consecutive month, pointing to an easing in the rapid pace of deterioration of the country's job market and economy. According to data Thursday from Spain's labor ministry, June jobless claims fell by 55,250, or 1.5%, to 3,564,889. However, June jobless claims were up 49% on the year-earlier period. The European Central Bank kept its key policy interest rate steady at 1.0% Thursday, a move that was widely expected. Italy's budget deficit widened to its greatest level in a decade, as state spending on unemployment benefits rose and tax revenue dwindled due to the ongoing deep recession, data from statistics office Istat showed Thursday. In the first quarter of 2009, Italy's budget deficit widened to 9.3% of gross domestic product from a downwardly revised 5.7% of GDP in the year-earlier period. In the fourth quarter, the budget deficit was 2.6% of GDP. Economists said the data is in line with expectations and shouldn't result in any further tax increases in the near-term. Euro Zone May PPI down by 0.2% MoM and 5.8% YoY. EU May Unemployment Rate rises more than expected to 9.5%. Germany's June new car registrations rose 40% on the year to 427,000 vehicles, the German international car maker association VDIK said Thursday. Over the first half of the year, German car registrations rose 26% to around 2.06 million units. The rise in German car registrations versus a decline elsewhere in Europe shows how useful the German government's scrappage incentive has been, VDIK said. The incentive, part of the country's second economic stimulus package, offers financial benefits to car owners replacing old models with new cars. Denmark's unemployment rate rose in May for the eighth straight month as the country's export-driven economy suffered from the global slowdown, but the pace eased somewhat and was slightly lower than economist forecasts, data showed Thursday. The Danish seasonally adjusted jobless rate climbed to 3.5% in May from 3.3% in April and 2.9% in March, Statistics Denmark said. Sweden’s central bank unexpectedly halved its benchmark interest rate to a record low 0.25 percent and offered 100 billion kronor ($13 billion) of loans to revive credit flows from the country’s banks to households. Global automakers General Motors and Ford on Wednesday suspended production at their car plants in Russia over weak demand for vehicles, the companies said.
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Carmakers in Russia have encountered difficulties over rising prices for auto parts and other supplies and declining sales. The Ford factory in the town of Vsevolozhsk near Russia's second city of St. Petersburg, which produces Ford Focus and Mondeo cars, is halting production for six business days until July 9, a spokesman said. GM's auto factory near St. Petersburg announced on Monday it would suspend production from July 1 to August 31 over declining demand on the Russian market. "We have analyzed the situation on the Russian market and came to the conclusion that there is no need for the expansion of production," press secretary Yulia Bocharova said. The annual pace of decline of Spain's industrial output accelerated again in May, after showing signs of stabilization in April , as the country's severe economic recession grinds on. Spanish May industrial production fell 21% on the year in calendar-adjusted terms, after a 19% decline in April, a 24% decline in March and a 22% decline in February, according to preliminary data Friday from Spain's National Statistics Institute, or INE. The production of durable consumer goods dropped 33%, while capital goods production dropped 29%, the INE said in a statement. Spanish industrial output has plummeted over the last year as the result of weak household demand following the collapse of a decade-long construction boom. Output has also suffered from rapidly declining exports in the midst of the global economic downturn. Spanish gross domestic product fell in the first quarter by 2.9% on the yearearlier period, its biggest decline in over 40 years. Euro-Zone Output Decline Slows Further In June," at 0823 GMT, misstated the fall in the fifth paragraph. The correct version follows:) The contraction in euro-zone output slowed for the fourth consecutive month in June, but a stronger decline in the services sector cast a cloud over the strength of the economic recovery, final data from Markit Economics showed Friday. The final reading of the Markit euro-zone composite output index rose to a nine-month high of 44.6 from 44.0 in May, slightly above the flash June estimate 44.4. Nevertheless the gauge of private sector activity across the whole economy remained below the neutral 50 mark, indicating that output declined for the 13th consecutive month in June. A reading above 50.0 indicates an expansion, while a reading below 50.0 indicates a contraction. Furthermore, Markit said its services business activity index fell to 44.7 in June from 44.8 in May - signaling a slight acceleration in the rate of contraction in the sector. Market participants were expecting the composite PMI to rise to 44.4 and the services index to fall to 44.5, according to a Dow Jones Newswires survey of economists last week. Euro Zone May Retail Sales fall 0.4% MoM and 3.3% YoY. Swiss Jun CPI rises 0.2% MoM and falls 1% YoY. Spanish industrial production weakened further in May, weighed down by sluggish output of durable and capital goods. Spanish May industrial production fell 21% on the year in calendar-adjusted terms, after a 19% decline in April and a 24% decline in March according to preliminary data Friday from Spain's National Statistics Institute, or INE. The April figure was revised from a previously estimated decline of 20%. The production of durable consumer goods dropped 33%, while capital goods production dropped 29%.
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***** HSBC’s Swiss Bank Asked Clients to Surrender Secrecy http://www.bloomberg.com/apps/news?pid=20601110&sid=aoUbmtXn0Vh8 ***** ENGLAND The contraction in U.K. construction output accelerated in June, highlighting economists fears that the economic recovery won't be straight forward. Data from the Chartered Institute of Purchasing Managers and Markit Economics Thursday showed the construction output purchasing managers index fell to 44.5 in June from 45.9 in May, bringing the period of contraction for the sector to 16 months. Data from the Office for National Statistics showed that its measure of construction orders also declined in May. It fell 28% on the year in May and 1% in the three months to May compared with the three months to February. Construction orders were also 30% lower in the three months to May compared with the corresponding period in 2008, ONS said. Both sets of data point to a continued slowdown in a sector that contributed heavily to the downward revision of first-quarter U.K. gross domestic product data earlier this week. ONS said U.K. GDP contracted 2.4% on the quarter in the first quarter of the year - the steepest fall in 50 years - and 4.9% in annual terms - the biggest decline in 60 years. ONS previously reported that GDP fell 1.9% on the quarter and 4.4% on the year. U.K. service industries from law firms to consultancies grew in June for a second month, suggesting Britain may be starting to emerge from recession. An index based on a survey of about 700 service companies by the Chartered Institute of Purchasing and Supply was little changed at 51.6 in June from 51.7 in May, Markit said today in London. Readings above 50 indicate expansion. Economists predicted 51.5, the median of 29 forecasts in a Bloomberg News survey shows. The U.K's dominant services sector expanded for the second straight month in June, but at a marginally slower pace than in May. Research group Markit Economics Friday said the purchasing managers' index for the services sector fell to 51.6 in June from 51.7 in May. UK Housing Equity Withdrawal down to £-8.1B in 1Q from £-7.8B. LATIN AMERICA The pace of consumer inflation in Brazil's largest city, Sao Paulo, slowed in June, as housing and transports prices decelerated in the period, the Fipe research foundation said Thursday. Fipe, which is affiliated with the University of Sao Paulo, said its consumer price index rose 0.13% in the period, compared with a rise of 0.33% seen in May. The figure was below with market forecasts for an increase of between 0.14% and 0.18%. Housing prices picked up 0.09% in June, compared with an increase of 0.19% seen in the previous month. In addition, transports prices dropped 0.25% last month, compared with a fall of 0.12% seen in May.
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On the other hand, food prices accelerated 0.19% in the period, versus a rise of 0.07% in May. With recent figures indicating inflation is under control and signs of an economic slowdown, Brazil's central bank cut the Selic base interest rate to 9.25% from 10.25% last month. ***** Bolivian leader says Obama ‘lied’ about cooperation http://www.boston.com/news/world/latinamerica/articles/2009/07/02/bolivian_lea der_says_obama_8216lied8217_about_cooperation/ ***** MEXICO Mexico’s credit rating will probably be cut by September as the government struggles to muster support for legislation that would ease the nation’s dependence on oil, said Claudio Loser, a former Western Hemisphere director at the International Monetary Fund. A defeat for President Felipe Calderon’s National Action Party, or PAN, in midterm congressional elections on July 5 to the opposition Institutional Revolutionary Party, or PRI, will hamper the government’s ability to stem a decline in oil production and boost tax revenue, said Loser. He said a rating cut is “overdue.” ***** Mexico moves to legalize drugs http://www.redalert.wnd.com/index.php?fa=PAGE.view&pageId=364 ***** CHINA ***** China moves to cut reliance on dollar http://www.ft.com/cms/s/0/f8a7105c-676a-11de-925f-00144feabdc0.html ***** JAPAN June monetary base up 6.4% yr/yr.
AUSTRAILA AND NEW ZEALAND Australia’s economy, which has so far skirted the global recession, may stall after reports showed exports dropped to a 14-month low, bank lending fell and homebuilding approvals declined by the most since 2002. Australia was one of few major economies including China and India to grow in the first quarter as government cash handouts and record interest-rate cuts stoked consumer spending. Gross domestic product expanded 0.4 percent from the previous three months, in contrast to a 3.8 percent decline in Japan and a 1.4 percent contraction in the U.S.
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This week’s reports suggest the global recession is biting as stimulus efforts fade, which may prompt the central bank to cut interest rates. Reserve Bank Governor Glenn Stevens said last month that slower growth and inflation give him scope to reduce borrowing costs if it helps secure “a durable upswing.” “The full brunt of the deepest and most synchronized post- war global recession has yet to fully bear down on Australia,” said Su-Lin Ong, Sydney-based senior economist at RBC Capital Markets. “Export income, the terms of trade and business investment are all set to move substantially lower in 2009.” Sales of new cars and trucks in Australia rose a seasonally adjusted 11.8% in June versus May, according to industry figures issued Friday. ***** From a Fellow Subscriber: My Mate Simon owns this Company. http://www.rainwaterhog.com Check it out! Use Rainwater HOG modular tanks to catch and store your rainwater for reuse on your garden and even in your house. Irrigate with it, hose with it, even shower with it. *****
AFRICA HEALTH PLAN AGAINST STROKE PART II Last issue we covered a few inexpensive lifestyle changes to help improve your defense against having a stroke. Let’s look at some more nutritional information, which science and modern medicine has revealed, which can help prevent or cure stroke so that you won’t become one of the 150,000 who die each year in the US from stroke. LOVELY VITAMIN A The antioxidants which vitamin A provide is believed to be an anti-stroke nutrient by blocking the formation of plaque and clots in arteries. A study out of Belgian at the University of Brussels found that beta carotene and vitamin A in the bloodstream protects the body from death or disability should you have a stroke. The study looked at 80 patients who had suffered a stroke and who had increased levels of vitamin A and beta carotene. What they discovered is these patients was that they had less neurological damage, were more apt to make a full recovery and less likely to die. The Belgian team of scientists wanted to know why this result occurred. What they think happened is that the vitamin A and beta carotene block (on many different levels) the damage which occur to the nerve and brain cells when there is oxygen depletion from a stroke. When you eat foods rich in beta carotene it converts in the body to vitamin A. So, eat the dark leafy vegetables (spinach, collards, kale) and fruits such as cantaloupe, mango and apricots. (For a free list of vitamin A rich foods contact Apothecary Herbs 866-229-3663, International 704-875-8010 or [email protected]) DON’T DROP POTASSIUM A group of researchers in California found that a slight adjustment in the nutrient potassium offers more protection (40%) against stroke. There were nearly 900 participants in this study. The research was so precise that researchers able to
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pinpoint which patients would become a victim of stroke 12-years later. Apparently if women skimp on getting their potassium they have twice the risk of stroke that men do. One serving of fruit or vegetable will offer 400 mg of potassium and reduces your risk of stroke by 40%. Researchers reported that the members who consumed 3500 mg of potassium daily did not suffer a stroke at all. If the potassium dropped to 1950 mg daily the risk of having a fatal stroke went up. Some of the foods used in the study were; a quarter of a cantaloupe, half an avocado, a baked potato, 10 dried apricots, a tin of sardines and ½ cup baked beans. According to Dr. Louis Tobian, Jr. of the University of Minnesota, who is also a hypertension expert, he says that potassium can prevent a stroke by directly lowering blood pressure. Dr. Tobian thinks that potassium helps to keep the artery walls flexible and protects blood vessel walls from high blood pressure damage. IMPROVE BRAIN CIRCULATION Some Dutch research discovered that certain foods will improve circulation to the brain. Apparently omega-3 fatty acids found in fish (salmon) can help prevent stroke or minimize neurological damage from a stroke. The study reported that the test group of men over the age of 60 who ate fish once a week cut their risk of having a stroke in half for the next 15 years. The same conclusion came out of Japan where fish is a regular staple in their diet. They noticed that those living in fishing villages had 40% fewer stokes than those who lived inland on farms. The fishing villagers ate 9 oz. of fish a day compared to the farmer who ate 3 oz. of fish daily. Researchers concluded that omega-3 fatty acids can modify plasma (blood) making it more clot resistant and decreasing the likelihood of a cerebral (ischemic) stroke. You may wonder if you can accomplish the same result with fish oil supplements. According to Dr. William Lands, of the University of Illinois who tested this theory using animals, he found that the animals that ate fish oil had less brain damage from stroke. Apparently the fish oil can penetrate the capillaries and cells that are stiff with plaque and make them more flexible, which can counter the narrowing of the veins. Therefore, deformed blood cells and clots are able to squeeze through a constricted blood vessel allowing oxygen delivery to the heart and brain. Dr. Lands also stated that eating saturated animal fat makes the cell membranes more rigid. TEETOTALING OR ADULT BEVERAGES There is a lot to be said if you are a teetotaler. More research in recent years has discovered that the antioxidants in tea can help protect us from strokes. A four-year study out of Japan at Tohoku University involving 6,000 women over the age of 40 found that if they drank 5 cups of green tea daily they cut their risk of stroke by half. The results held true if the participant had a high salt intake. Apparently, green tea decreases blood pressure. Also, British researchers compared light to moderate alcohol consumption to see if it provided any protection from stroke. They found that one or two drinks per day did not put us at more risk than nondrinkers. However, heavy drinkers (3-4 drinks per day) were three times more likely to have a stroke than nondrinkers. Another study out of Helsinki University found that heavy drinkers were six time more likely to have a stroke. They concluded that alcohol in large amounts makes the brain tissue toxic, constricts blood vessels and promotes the likelihood of a clot, brain embolism and ischemic stroke. ANTI-STROKE DIET Is there an anti-stroke diet? If we added up all the diets of the world and their health benefits we can come up with a pretty good diet. The diet will contain fruits, vegetables
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high in antioxidants and potassium. Natural vitamin A, C and E is also included in nuts, beans and grains. The diet will also include omega-3 fatty acids from fish. This diet is similar to the Mediterranean diet that has been said to have many health benefits. The anti-stroke diet cuts the risk of fatal stroke by 40%. (Source Food-Your Miracle Medicine by Jean Carper) ½ cup fresh spinach 1 tsp. blackstrap molasses 1 cup fresh orange juice ½ c cup acorn squash 2 carrots ½ cup cooked green lima beans ½ avocado 2 oz. almonds (1) 7 oz. baked potato no skin ½ cup baked beans 4 oz. swordfish or salmon
½ c cup fresh beet greens 1 cup tomato juice ¼ cantaloupe 10 dried apricot halves ½ cup cooked sweet potato 1 cup skim milk 1 banana 1 oz. roasted soybeans (1) 7 oz. baked potato with skin 3 oz. canned sardines (about 8 sardines)
SUPPLEMENTING WITH HERBS Obviously the lifestyle is going to be one of your biggest tools in protecting you from stroke. Adding short-term supplements can also speed recovery and help strengthen your system. For a source rich in potassium look for All-In-One tonic at Apothecary Herbs. For organic salt with potassium, magnesium, natural iodine and 84 natural minerals for the cardiovascular system order Celtic Sea salt. Look for the heart support herbs at Apothecary Herbs such as Heart/Cholesterol/BP formula, Circulation Formula, Heart Attack Pack and Hawthorn Berries Tincture. You will get natural vitamin A along with other nutrients in their powdered nutritional mix called Body Foundation Food Mix (it is also an excellent weight management tool). Give yourself the fighting edge you need to quit smoking with their Smoker’s Helper herbal liquid. Call Apothecary Herbs for a free product catalog toll free 866-229-3663, International 704-875-8010 or shop online at http://www.thepowerherbs.com. EMERGENCY ALERT!! The WHO has upgraded their pandemic alert for the swine/bird flu to level 6. If you haven’t gotten your Pandemic Kit from Apothecary Herbs now is the time. UPGRADED PANDEMIC KIT – Call Apothecary Herbs 866-229-3663, International 704-875-8010 or http://www.thepowerherbs.com each kit contains 8 products for 2 adults for 10-day pandemic in a handle travel case for just $175.00. Use does by weight for children, see instructions. EXTRA HEART ATTACK PREVENTION In addition to the heart strengthening therapies above, while you have some extra prevention on hand for the onset of a heart attacks. For a combo of five potent formulas in a handy carry pack for emergencies especially when you can’t get medical attention - look for the Heart Attack Pack (just $99.00) at Apothecary Herbs http://www.thepowerherbs.com 866-229-3663, International 704-875-8010. OUR VERSION OF THE ECONOMIC STIMULUS – Apothecary Herbs is offering 15% off your total order before shipping when you print off your shopping cart order online or fill out the catalog order form and mail in your order with your check or money order. Get prepared, healthy and save – what could be better than that? International orders
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can send an International Money Order and save 15%. Apothecary Herbs, P.O. Box 918, Huntersville, NC 28070 USA. SURVIVAL ITEMS – STAND-UP FOOD POUCHES (NOW SAVE 15% CALL NOW) Order your convenient and compact, dehydrated food in the stand-up pouch for food emergencies or recreational camping. Light weight food pouches have a long shelf life, are easy to store for your rainy day food shortages and don’t cost a lot to ship. We have several meals to choose from in single and double serving sizes to avoid waste. Mix and serve in the stand-up pouch and avoid the need for extra utensils and cleanup. Order single serving or double serving meals by the case and for a hot meal, don’t forget the reusable Flameless Oven for just $13.00. Call Apothecary Herbs 866229-3663, International 704-875-8010 or order online http://www.thepowerherbs.com. YEAR’S SUPPLY OF HERBAL MEDICINE – Stock up with over 90 products designed to protect your immune system, cleanse the body and address what ails you. NOW SAVE 15% on this package with the STIMULUS DISCOUNT. Call Apothecary Herbs 866-229-3663, International 704-875-8010 http://www.thepowerherbs.com HERBS FOR PETS - Dog & Cat Immune Booster Formulas plus Dog & Cat Congestion Formulas plus toxic-free flea and tick collars, shampoo and spray at Apothecary Herbs. Call now toll free 866-229-3663, International 704-875-8010 or http://www.thepowerherbs.com. Portuguese Sea Salt - imported from the traditional salterns (a 2000-year tradition) along the coast of Algarve, Portugal. Salt crystals are harvested by hand and sundried. This is a true artisan sea salt providing richness as well as a smooth and elegant flavor to food. 1/2 pound ground unrefined Portuguese Sea Salt® just $8.50 at Apothecary Herbs 866-229-3663, International 704-875-8010 http://www.thepowerherbs.com. HERB TALK LIVE – with Herbalist Wendy Wilson every Tuesday & Thursday at 7:00 pm EST on AVR www.theamericanvoice.com and Thursday at 4:00 pm on WBCQ 7.415 and Saturday 7:00 am on GCN www.gcnlive.com. Free radio show archives at http://www.thepowerherbs.com #10 CANS SURVIVAL www.freezedryguy.com.
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***** Criminal charges filed against Obama WHO and UN for Bioterrorism/Intent to Commit Mass Murder pt I http://www.youtube.com/watch?v=aBDTdqhY2J4&feature=email ***** Do you REALLY want to know the truth? Read this brief article...and listen to this legal counsel taped on the telephone call to the caller that it IS Constitutional to mandate vaccination! Have you done any research into this area to find out...what is IN the vaccines...and
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will you just allow someone to inject an unknown substance into your body...trusting the govt. dept. of health??? Now that would be very intelligent! What you don't know...can hurt you!!! Arkansas State Health Department: Mandatory Vaccines Are Constitutional http://www.prisonplanet.com/arkansas-state-health-department-mandatory-vaccinesare-constitutional.html ***** Obama's Health Care Reform in Trouble http://worldviewtimes.com:80/article.php/articleid-5093/Brannon-Howse/PhyllisSchlafly ***** From a Fellow Subscriber: The dean of Liberty University School of Law, Matt Staver, has a link to Liberty Counsel where they have a resource page that describes objections to the dangerous vaccinations: http://www.lc.org/index.cfm?PID=15468 Their first link is good. The second link needs to be updated, and here is the corrected link that shows a map of the 50 States and shows which states allow for religious, philosophical, and / or medical exemptions to vaccinations: http://www.nvic.org/Vaccine-Laws/state-vaccine-requirements.aspx (Liberty Counsel's 3rd link does not work, but your readers will understand that a law school dean gets busy and websites take time to update when links go bad.) Just like a will or living trust, readers can write up their medical, religious, and philosophical reasons and have them reviewed by their local attorney. ***** Scary for seniors!!!!! The actress Natasha Richardson died after falling skiing in Canada. It took eight hours to drive her to a hospital. If Canada had our healthcare she might be alive today. We now have helicopters that would have gotten her to the hospital in 30 minutes. Obama wants to have our healthcare like Canada and England. In England anyone over 59 cannot receive heart repairs or stents or bypass because it is not covered as being too expensive and not needed. I got this today and am sending it on. If Obama's plans in other areas don't scare you, this should. Looks like Obama is sure keeping his word ****CHANGES. We better have our funerals paid up, may be needing it sooner rather than later with no Dr's on our side to keep us healthy. What will this world be like in another 30 YEARS WHEN OUR KIDS ARE READY FOR RETIREMENT? SAD!!!
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Please do not let Obama sign senior death warrants Everybody that is on this mailing list is either a senior citizen, is getting close or knows somebody that is. Most of you know by now that the Senate version (at least) of the "stimulus" bill includes provisions for extensive rationing of health care for senior citizens. The author of this part of the bill, former senator and tax evader, Tom Daschle was credited today by Bloomberg with the following statement: Bloomberg: Daschle says “health-care reform will not be pain free. Seniors should be more accepting of the conditions that come with age instead of treating them." If this does not sufficiently raise your ire, just remember that Senators and Congressmen have their own healthcare plan that is first dollar or very low co-pay which they are guaranteed the remainder of their lives and are not subject to this new law if it passes. Please use the power of the internet to get this message out. Talk it up at the grassroots level.. .. We have an election coming up in one year and nine months. We have the ability to address and reverse the dangerous direction the Obama administration and it allies have begun. Lets do it! If you disagree, don't do anything. ***** From a Fellow Subscriber: I wish to introduce you to a friend Alan Phillips. Alan is an attorney in North Carolina and he specialized in navigating the laws pertaining to "mandatory" vaccination. He has published an e-book "vaccine Legal Exemptions" and I thought you'd be interested. http://www.vaccinerights.com/ ***** From a Fellow subscriber: Good morning everyone. I want to encourage you to watch the following two videos so that you can learn about Vitamin B17 and it's connection to cancer cure. The first link is a series of 1 through 9; please watch them all to the very end; you will learn so much. The second link is to a video that was probably produced in the 1970s, but has lots of medical information. Please know that the big pharma industry supresses any medicines that cannot be patented if they are found in nature (that is the law), and that is why the facts about Vitamin B17, in particular, have been surpressed and why it is not used as a cancer prevention, nor encouraged by medical doctors (Vitamin B17 is only found in such things as apricot seeds, apple seeds, etc.). Finally, these videos are produced by G. Edward Griffin; many of you are familiar with him. G. Edward Griffin is in my humble opinion a great American patriot who has the courage to expose in writing and in speaking, the evil that has overtaken our great nation. Please share these videos with your family and friends. http://www.youtube.com/watch?v=MJ_4YkekV9A
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http://video.google.com/videoplay?docid=4312930190281243507 ***** Hi Bob: Don't know whether this is the kind of product you're able to promote in your newsletter but I thought I'd give it a try. The source is the Crosby Mint Farm in Michigan, www.getmint.com. They need help in staying in business. Thanks. Natural Healer Overview of Uses of Peppermint Essential Oil Peppermint oil is excellent for mental fatigue and depression, refreshing the spirit and stimulating mental agility and improving concentration. It helps for apathy, shock, headache, migraine, nervous stress, vertigo and faintness and in general respiratory disorders, as well as dry coughs, sinus congestion, asthma, bronchitis, pneumonia, tuberculosis and cholera. For the digestive system, peppermint oil is effective for a range of ailments, as it stimulates the gall bladder and the secretion of bile. It is used for colic, cramps, dyspepsia, spastic colon, flatulence and nausea and can relieve pain in cases of toothache, aching feet, rheumatism, neuralgia, muscular pains and painful periods. On the skin, peppermint oil is used to relieve skin irritation and itchiness and also helps to reduce skin redness, where inflammation is present. It is used for dermatitis, acne, ringworm, scabies and pruritus and also relieves itching, sunburn and inflammation of the skin, while at the same time having a cooling action. Headaches Peppermint may ease headaches and migraines. Apply a rub to temple area in circular motion and across the forehead. For migraines, wet hair and put 4-5 drops into your hand and massage into the scalp. Sinus Problems Peppermint is very useful in reducing sinus congestion when added to a bowl of steaming or boiling water. A rub may be applied to chest, back of neck area, and behind ears. A few drops of oil in a vaporizer at night will help ease congestion as well. Digestive System Peppermint oil can help relax the muscles of the digestive tract to relieve the symptoms of irritable bowel syndrome. One drop of peppermint oil on a sugar cube or used in tea may help relieve intestinal cramps. Body Muscles & Arthritis Peppermint oil is soothing to sore muscles when added to a hot bath or massage oil. Use this to soothe arthritis pain. Mix 4-5 drops of oil into 1 ounce of lotion and/or massage carrier oil. Feet Applied full strength, or mixed with a carrier oil, peppermint oil may relieve swollen feet and may reduce and assist in healing blisters, cuts, or athlete's foot by killing bacteria.
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Women Only Relieve menstrual or abdominal cramps, add 1-2 drops of peppermint oil on a sugar cube or into an 8 ounce glass of water and drink. A toothpick dipped in oil works great for tea or water. Also helps to relieve Hot Flashes! Flu Season? For a sore throat, sparingly dip a cotton swab into mint oil and carefully apply to the back of the tongue area. Relieve congestion by rubbing a few drops of peppermint oil on chest & covering with warm compress. Add a few drops of mint oil to the water of a humidifier or vaporizer to keep it smelling fresh and kill germs. Peppermint Oil is anti-viral, anti-bacterial, and anti-fungal! IMPORTANT REMINDERS: Keep all oils out of the reach of children. Pregnant women should consult a physician before using. Avoid all contact with eyes. Some people may be allergic to mint oil. This information is in no way intended as a substitute for medical consultation by a health care professional. ***** The govt. is going for broke with total power grabs!!! Unless you like your life being controlled at every angle...the corporate fascists are stopping at nothing...and they 'name' these bills fraudulently!!! Why??? Because the majority of the American people are so 'tuned out'...that is HOW these scum bags have gotten this much power..."Evil prevails when good men and women do NOTHING to stop it!!!" The Gestapo Food Act, H.R. 2749, Must Be Stopped Stop HR 2749 Action Page: http://www.peaceteam.net/action/pnum996.php Here we have yet another phony food safety bill, which does NOTHING but grant the FDA massive new police powers without actual policy oversight. And it would do NOTHING to solve the actual problem, the stinking cesspools which call themselves "modern" factory farms, the SOLE source of whatever filth there is in our food supply. We don't need burdensome new tracing regimes to drive small farmers out of business, we already know exactly where the problem is. H.R. 2749 would give some FDA administrator (read self-serving corporate lobbyist) the power to dictate what farming practices must and must not be used nationwide (read enforced GMOs, growth hormones, and weird chemicals in our food). How can Congress make sane policy without identifying the specific problem and its source before empowering 10 year criminal sentences and $100,000 fines? It can't. But only if we stop them from doing it, by speaking out now. Stop HR 2749 Action Page: http://www.peaceteam.net/action/pnum996.php This hideously ill-conceived bill (unless you are a chemical food conglomerate) is so terminally vague about what its PURPOSE is, it can only do massive harm and no good whatsoever. Aren't bills in Congress supposed to start with some kind of preamble, something
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like, "This is the problem we have identified, and this is what has to be done to fix it and WHY." No such forethought in HR 2749, just unlimited and unaccountable new police state powers, while President Obama continues to appoint the WORST possible nominees for just about every administrative position. It's time to wake up folks. It's just one corporate power grab hand over fist out there. Not ONE major bill has Congress passed yet since the last election that did ANYTHING to confront the actual real problem. Credit card so-called reform was some kind of sick joke on the American people, rejecting the only provision that actually mattered, constraining usurous interest rates. Has anybody seen any BIG savings on their credit card bills yet? Did we have to ask? ***** SCHEDULED ISSUES Wednesday, July 8, 2009 Saturday, July 11, 2009 Wednesday, July15, 20009 Saturday, July 18, 2009
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