Showing posts with label End the Fed. Show all posts
Showing posts with label End the Fed. Show all posts

Sunday, November 11, 2012

Now it's payback time Why Obama should bust Netanyahu for 911


 
US President Barack Obama speaks at his last campaign rally in Des Moines, Iowa on November 5, 2012

Dr. Kevin Barrett

Source: Press TV
http://www.presstv.ir/detail/2012/11/11/271578/now-its-payback-time-why-obama-should-bust-netanyahu-for-911/

All observers admit it: Israeli Prime Minister Benjamin Netanyahu did everything in his power to destroy President Barack Obama's political career.

President Obama should return the favor.

He should destroy Netanyahu's career in the biggest, most spectacular way possible - by busting Netanyahu for 9/11.

The major US and international media, owned and operated by cheerleaders for Israel, are so terrified by this prospect that they are trying to pretend it is “business as usual” between the US and Israel - maybe even between Obama and Netanyahu - despite the obvious blood feud between the US president and the Israeli prime minister.

One exception: The post-election Yahoo News story headlined “Obama victory spells trouble for Israel's Netanyahu.” The author, Jeffrey Heller, writes: “Israeli Prime Minister Benjamin Netanyahu faces an even more awkward time with Washington and re-energized critics at home who accused him on Wednesday of backing the loser in the US presidential election. With Iran topping his conservative agenda, Netanyahu will have to contend with a strengthened second-term Democratic president after four years of frosty dealings with Barack Obama and a rift over how to curb Tehran's nuclear program.”

Heller's article frames the dispute between Obama and Netanyahu according to the Israeli propaganda template. It suggests that Obama's only two choices are (a) to launch a major war against Iran, as desired by Netanyahu, or (b) to continue imposing sanctions to starve the Iranian people, in order to punish Iran's leaders for pursuing a peaceful nuclear energy program - a program that is completely legal under international law, unlike Israel's massive, illegal nuclear weapons program!

These may be the only two choices that are acceptable to Israel. But they are not the only choices available to Americans.

American strategist Zbigniew Brzezinski, in his 1999 book The Grand Chessboard, pointed out that the most important single element of a viable US strategy in Eurasia is friendship with Iran. What Brzezinski did not state outright, but left for the discerning reader to discover “between the lines,” is that Israel is badly damaging US national interests by forcing the US to be an enemy of Iran.

Israel hates Iran because Iran's leaders, like the vast majority of the people of the Middle East, do not accept apartheid Israel as a legitimate state.

That is indeed a problem for Israel. But why is it a problem for the US?

If the US maintained good relations with Iran - not a client state relationship as existed under the Shah, but a friendship-of-equals based on mutual respect and shared interests - the US strategic position in Eurasia would be greatly enhanced.

Then why is the US starving the Iranian people, murdering Iranian scientists, paying MEK terrorists to bomb and kill large numbers of innocent people, and generally doing everything it can to hurt Iran? The short answer: Because Israeli interests dictate US Mideast policy.

Some apologists for Israel claim that it's really about US dollar hegemony. They say that Iran's move to sell oil and gas in other currencies threatens the US dollar, which is why the US is so antagonistic to Iran.

What these critics don't understand is that the US dollar is not the US dollar. It's the Zionist dollar.

The US dollar is issued by the Federal Reserve, a private corporation owned by the biggest “American” banks. But those banks are not really American. The leading banksters who create American dollars out of nothing, backed by nothing, are ethnically Jewish and primarily loyal to the state of Israel.

After all, the Rothschild family, the biggest of the “eight families,” created Israel as its base of criminal operations. Even mainstream historians admit that Lord Rothschild created Israel in 1917 by handing the British an offer they couldn't refuse: “We can win World War I for you, by dragging America into the war - but in return, you must give us Palestine.”

To put it simply: The Rothschild-led bankster cartel has been occupying Palestine since 1917. And it has been occupying the USA since the Federal Reserve coup d'état of 1913.

So the US and Iran are actually allies, not adversaries, in the battle against Zionist dollar hegemony.

The Zionist bankster cartel that prints our currency out of thin air can easily print enough money to buy up virtually all major Western media. That's why most Westerners have unconsciously accepted a pro-Israel world-view.

The banksters also have enough money to buy as many politicians as they need. That is why the US Congress and the White House are Israeli-occupied territory.

But today, thanks to Netanyahu's overweening chutzpah, Obama and allied forces in the US military and intelligence communities have a chance to do what no US President since JFK has dared to do: Tell Israel to go to hell.

All Obama has to do is go on television and announce: “We have discovered credible evidence of Israeli involvement in 9/11 and the subsequent cover-up. As of this moment, I am declaring a state of national emergency based on undeniable evidence that our nation has been covertly attacked and occupied by a hostile foreign power. I have ordered the FBI to arrest several thousand suspected Israeli agents, and I will be forming a second 9/11 Commission, led by former President Carter, to expose the full, horrible truth about the 9/11 attacks.”

Such “scorched earth” payback from Obama would be exactly what Netanyahu deserves.

Netanyahu, a close personal friend of confessed 9/11 criminal Larry Silverstein, went on record immediately after 9/11 chortling that the attack on America was “very good.”

Then he quickly added that what he really meant was that 9/11 was very good for Israel.

It is time for President Obama to make Netanyahu eat those words. It is time for the President to shove those words right back down Netanyahu's throat. It is time for Barack Obama to demonstrate that he is President of the proudly independent United States of America, not just a puppet of Israel and its bankster mafia. It is time for President Obama to end Israel's stranglehold on American finance, American media, and American foreign policy.

It is time for President Obama to give Netanyahu the payback he has worked so hard to earn.

But does President Obama have the courage, integrity and statesmanship to save the world's biggest power, the USA, from a filthy little country run by certifiable madmen?

Does he have the courage to do the one thing that will end the phony “war on terror,” and earn him his thus-far-undeserved Nobel Peace Prize? Does he have the vision to do the one thing that could win him “greatest president ever” status in the history books?

Can he get away with it and escape assassination?

The next four years will answer these burning questions.
 
---------------------------------
About: Dr. Kevin Barrett

Dr. Kevin Barrett, a Ph.D. Arabist-Islamologist, is one of America's best-known critics of the War on Terror. Dr. Barrett has appeared many times on Fox, CNN, PBS and other broadcast outlets, and has inspired feature stories and op-eds in the New York Times, the Christian Science Monitor, the Chicago Tribune, and other leading publications. Dr. Barrett has taught at colleges and universities in San Francisco, Paris, and Wisconsin, where he ran for Congress in 2008. He currently works as a nonprofit organizer, author, and talk radio host. He is the co-founder of the Muslim-Christian-Jewish Alliance, and author of the books Truth Jihad: My Epic Struggle Against the 9/11 Big Lie (2007) and Questioning the War on Terror: A Primer for Obama Voters (2009). His website is www.truthjihad.com

 

Thursday, July 26, 2012

House passes Ron Paul's 'Audit the Fed’ bill


Ron Paul (T.J. Kirkpatrick / Getty Images / AFP)

Source: Russia Today
http://rt.com/usa/news/house-ron-audit-bill-061/

A bill introduced by Rep. Ron Paul (R-Texas) to audit America’s central bank, the Federal Reserve, passed the US House of Representatives overwhelmingly Wednesday afternoon by a 327-98 vote.

Paul’s ongoing efforts to call for increased transparency in the Federal Reserve have become a hallmark of his tenure in Congress and of his current campaign for the presidency.

Rep. Paul is still vying for the GOP nomination and intends to speak at the Republican National Convention in Florida next month. And although Paul has as recently as this week refused to endorse presumptive party nominee Mitt Romney, the former Massachusetts governor has supported the congressman’s proposal to audit the Fed.

"Ron Paul's 'Audit The Fed' bill is a reminder of his tireless efforts to promote sound money and a more transparent Federal Reserve," Romney writes on his official Twitter page.

During the Wednesday afternoon vote in Washington, D.C., Paul received backing from all House Republicans but one, as well as support from 89 congressional Democrats.

Rep. Dennis Kucinich (D-Ohio), was among those on the opposing party of Paul’s that still saw reason to support the bill. "The Fed creates trillions of dollars out of nothing and gives it to banks,” Rep. Kucinich said before Wednesday’s vote. “Congress is in the dark. The Fed sets the stage for the subprime meltdown. Congress is in the dark. The Fed takes a dive on LIBOR. Congress is in the dark. The Fed doesn’t tell regulators what is going on. Congress is in the dark.”

"It is time for us to bring the Fed into the sunshine of accountability," the democratic congressman continued.

House Minority Whip Steny Hoyer (D-Md.) was one of those opposed to the bill, saying that passing it “increases the likelihood that the Fed will make decisions based on political rather than economic considerations, and that is not a recipe for sound monetary policy.”

Ben Bernanke, chairman of the US Federal Reserve has said that, although the Fed is “quite transparent and accountable on monetary policy,” there was room for improvement. Speaking to the House Financial Service Committee last week, Bernanke said the agency still “needs to be transparent and it needs to be accountable,” even though he believes that his quarterly projections and press conferences already allow the central bank to be relatively open with Americans.

Although Wednesday’s vote was a success for the congressman’s efforts to bring added transparency to the Fed, his fight for an audit doesn’t end here. Next the bill will be brought to the Senate for a vote, where it is not expected to pass. If it does clear both sides of Congress, however, it will then be sent to the desk of President Barack Obama for him to sign into law.


Friday, February 24, 2012

US postal service to cut 35,000 jobs as mail plants close


Source: Press TV
http://www.presstv.ir/usdetail/228318.html

The U.S. Postal Service, which predicts an annual loss of $18.2 billion by 2015, plans to eliminate 5.4 percent of its workforce by closing almost half its mail-processing facilities to decrease costs.

The service plans to shut 223 of its 461 mail-processing plants by February 2013, Postmaster General Patrick Donahoe said in a telephone interview on Thursday. The closings will cut about 35,000 jobs, said David Partenheimer, a spokesman.

The service is shutting post offices and seeking congressional approval to end Saturday mail delivery as more people use the Internet to correspond and pay bills. Mail volume fell 6 percent in the quarter ended Dec. 31 and may drop 14 percent by 2016, led by declines in first-class mail, the most profitable, the Washington-based service said this month. Bloomberg

HIGHLIGHTS

The labor cuts will occur through attrition, said David Partenheimer, a spokesman. The service will eliminate about 30,000 full-time jobs with benefits. It will cut about 5,000 temporary positions, which include contract and part-time work and don't carry full benefits. sfgate.com

The Postal Service is in debt due to declining first-class mail volumes and a congressional mandate to prefund retirement healthcare benefits. moneycnn.com

Nearly every state is impacted and would lose a mail processing plant, according to the Postal Service list, which includes 14 in California, 12 in New York and 9 in Illinois. moneycnn.com

Mail processing plants closures can yield a particularly devastating toll on communities. A plant in Tulsa, Okla., slated to be consolidated, employs nearly 600 employees. moneycnn.com

The consolidations will affect four processing centers in Maryland: Cumberland, Easton, Gaithersburg and Waldorf. The Virginia sites are Lynchburg, Norfolk and Roanoke. washingtonpost.com

The cutbacks also mean the Postal Service would no longer be able to guarantee overnight delivery of some first-class mail. washingtonpost.com

Tuesday, February 21, 2012

18 statistics that prove that the economy has not improved since Barack Obama became president

Source: Press TV
http://www.presstv.ir/usdetail/227771.html

Has the economy improved since Barack Obama became the president of the United States? Of course not. Despite what you may be hearing in the mainstream media, the truth is that when you compare the U.S. economy on the day that Barack Obama was inaugurated to the U.S. economy today, there is really no comparison. The unemployment crisis is worse than it was then, home values have fallen, the cost of health insurance is up, the cost of gas is way up, the number of Americans living in poverty has soared and the size of our national debt has absolutely exploded. Anyone that believes that things are better than they were when Barack Obama was elected is simply being delusional. Yes, things have stabilized somewhat and our economy is not in free fall mode at this point. But don't be fooled. This bubble of false hope will be short-lived. The problems we are seeing develop in Europe will erupt into another full-fledged global financial crisis and economic conditions in the United States will get even worse. When that happens, what possible "economic solutions" will Barack Obama have for us? We never even came close to recovering from the last great financial crisis, and now something potentially even worse is staring us in the face. This is not a great time to have a total lack of leadership in Washington.

The following are 18 statistics that prove that the economy has not improved since Barack Obama became the president of the United States....

1] Today there are 88 million working age Americans that are not employed and that are not looking for employment. That is an all-time record high.

2] When Barack Obama was elected, the percentage of unemployed Americans that had been out of work for more than 52 weeks was less than 15%. Today, it is above 30%.

3] There are 1.2 million fewer jobs in America today than there were when Barack Obama was inaugurated.

4] When Barack Obama first took office, the number of "long-term unemployed workers" in the United States was approximately 2.6 million. Today, that number is sitting at 5.6 million.

5] The average duration of unemployment in the United States is hovering close to an all-time record high.

6] During the Obama administration, worker health insurance costs have risen by 23 percent.

7] Since Barack Obama has been president, the average price of a gallon of gasoline in the United States has increased by 90 percent.

8] Since Barack Obama has been president, home values in the United States have declined by another 13 percent.

9] Under Barack Obama, new home sales in the U.S. set a brand new all-time record low in 2009, they set a brand new all-time record low again in 2010, and they set a brand new all-time record low once again during 2011.

10] Since Barack Obama took office, the number of Americans living in poverty has risen by more than 6 million.

11] Since Barack Obama entered the White House, the number of Americans on food stamps has increased from 32 million to 46 million.

12] The amount of money that the federal government gives directly to Americans has increased by 32 percent since Barack Obama entered the White House.

13] According to the U.S. Census Bureau, the percentage of Americans living in "extreme poverty" is now sitting at an all-time high.

14] When Barack Obama first took office, an ounce of gold was going for about $850. Today an ounce of gold costs more than $1700 an ounce.

15] Since Barack Obama became president, the size of the U.S. national debt has increased by 44 percent.

16] During Barack Obama's first two years in office, the U.S. government added more to the U.S. national debt than the first 100 U.S. Congresses combined.

17] During the Obama administration, the U.S. government has accumulated more debt than it did from the time that George Washington took office to the time that Bill Clinton took office.

18] The U.S. national debt has been increasing by an average of more than 4 billion dollars per day since the beginning of the Obama administration.

Oh, but Barack Obama is promising that things will be much better very soon. Barack Obama is pledging that 2 million more jobs will be added to the economy in 2012.

Do you believe him?

Congress certainly seems to think that things will be getting better. Congress has reduced the maximum amount of time that the unemployed can receive unemployment benefits to 73 weeks. That change will go into effect later this year.

But there are still millions of very talented Americans that cannot find work after years of looking.

So what are they supposed to do?

A recent Business Insider article featured the story of Helen Hatat, a woman from southern California that has been unemployed since 2009....

She lost her job in public relationships in 2009 after more than 20 years of working in the entertainment industry, the Southern California resident said.

"When you don't have a job, you don't find a job, and when you don't have a job, you don't find a home," she said.

At first she tried moving into a homeless shelter, but left because they treated her "like garbage." Eventually she found a friend she could stay with, but this arrangement won't last forever.

"I've found you lose most of your friends, you know. If you have money people love you. If you don't have any money people hate you. They treat you like you are contagious."

As government finances get tight, things are going to get really tough for women like her.

When evaluating the health of the American economy, the key is not to focus on the short-term economic numbers. Sometimes they go up and sometimes they do down.

Instead, the key is to look at the long-term balance sheet numbers. When you do that, it quickly becomes apparent how appalling our economic decline has been.

The size of federal government debt is exploding, state and local governments all over the country are drowning in debt, our collective national wealth is decreasing and our ability to produce new wealth is also being reduced as our economic infrastructure is systematically gutted.

Of course all of the blame should not go to Obama. The truth is that the Federal Reserve has much more power over the economy than Obama does. But the American people are constantly told that the Federal Reserve is "not political" and that we should not criticize the Fed.

So it is kind of ridiculous that presidents are judged by the performance of the economy. Yes, Bush, Clinton, Bush and Obama have all greatly contributed to the mess that we are in, but they are not solely responsible for it.

In the end, however, the outcome of the next presidential election will probably be very heavily influenced by how the U.S. economy performs during the rest of 2012.

Sadly, as our economy declines it is bringing out the worst in many Americans. For example, "sugar daddy" websites are absolutely exploding in popularity. Young women that are hungry for cash are selling their "services" to sick older men who are willing to finance the lifestyles of these desperate young women in exchange for "companionship".

The following comes from a recent article in The Independent ....

In America's booming online dating market, few sectors are hotter than so-called "sugar daddy" sites, which help rich men to make "arrangements" with attractive and financially needy younger women. Between them, these specialist sites now account for 10 percent of the entire industry. That's no small beans, given that in the US the online dating business now generates profits estimated at $700m ($442m) per year and, according to the polling firm GlobeSpan, has helped just over one in five Americans to find their life partner.

As the economy gets even worse, millions upon millions of Americans are going to become extremely desperate and will do things for money that they never dreamed that they would do.

That is a very frightening thing.

America is changing, and not for the better.

You better get ready for what is ahead, because Barack Obama is not going to save you.

Wednesday, February 15, 2012

US in state of self-inflicted decline: Chomsky


legendary American academic Noam Chomsky (file photo).

Source: Press TV
http://www.presstv.ir/detail/226828.html

Renowned American academic Noam Chomsky condemns the concentration of wealth in the United States in the hands of the 1 percent, which he refers to as the “self-inflicted” American decline.

“The (US) policies are a failure for the large majority, the 99% in the imagery of the Occupy movements - and for the country, which has declined and will continue to do so under these policies,” Chomsky wrote in his article titled 'Losing' the world: American decline in perspective, part 1.”

From the 1970s, there has been a significant change in the US economy, as planners, whether private or state, shifted production off shores, partly due to the “declining rate of profit in domestic manufacturing,” then82-year-old senior academic noted.

He went on to say, “these decisions initiated a vicious cycle in which wealth became highly concentrated (dramatically so in the top 0.1% of the population), yielding concentration of political power, hence legislation to carry the cycle further: taxation and other fiscal policies, deregulation, changes in the rules of corporate governance allowing huge gains for executives, and so on.”

Whereas Chomsky maintained that “for the majority, real wages largely stagnated, and people were able to get by only by sharply increased workloads (far beyond Europe), unsustainable debt… creating paper wealth that inevitably disappeared when they burst (and the perpetrators were bailed out by the taxpayer).”

Meanwhile, the political system in the US has been increasingly torn up, he said, as “both parties are driven deeper into corporate pockets with the escalating cost of elections.”

This is “a serious problem for working people and the middle classes, and a real disaster for the most oppressed, African Americans, who have never escaped the legacy of slavery and its ugly aftermath,” Chomsky concluded.

Chomsky’s comments come against the backdrop of months of Occupy protests in the United States. The Occupy protests owe their inspiration to the Occupy Wall Street (OWS) movement, which began when a group of demonstrators gathered in New York's financial district on September 17, 2011 to protest against the excessive influence of big corporations on the US policies and the high-level corruption in the country.

Tuesday, February 14, 2012

Barack Obama: Let's steal 150m dollars an hour from our children



Source: Press TV (US Desk)
http://www.presstv.ir/usdetail/226583.html

Do you think that someone could steal 150 million dollars and get away with it? Well, the truth is that such a theft is taking place every single hour of every single day. The federal government is stealing 150 million dollars an hour from our children and our grandchildren and Barack Obama thinks that is a good thing. The new Obama budget projects a $1.33 trillion federal budget deficit for the 2012 fiscal year. That is significantly higher than the $1.15 trillion that the Congressional Budget Office was projecting because it includes a whole bunch of stimulus spending that the Obama administration plans to do. So let's do a little math.

When you divide $1.33 trillion by 365 days, you get 3.6438356 billion dollars. So on average, the United States will be adding more than 3.6 billion dollars to the national debt every single day during fiscal 2012. And when you divide $3.6438356 billion by 24 hours, you get 151.8 million dollars. So on average, the U.S. national debt will be going up by more than 151 million dollars every single hour during fiscal 2012 if Obama has his way. This is a theft from our children and our grandchildren that is so vast that it is almost unimaginable.

The 2012 budget deficit that the Obama administration is projecting would be equivalent to approximately 8.5 percent of GDP. We simply cannot afford to be running these kinds of outrageous budget deficits year after year.

At the moment, the U.S. national debt is sitting at a grand total of $15,355,838,921,022.16. That is an amount that is so large that it is hard to even put into words.

At this point our national debt is greater than 100% of our national GDP. We are on the road to national financial disaster and yet our politicians keep piling up debt at a rate that is absolutely mind blowing.

The Obama administration is projecting that budget deficits will go down "in the future", but that is what our politicians always do. They always promise that the budget picture will improve "down the road", but that never actually happens.

According to the Bush administration, we were supposed to be swimming in huge budget surpluses by now.

So how did that work out?

Our politicians always promise to cut spending, but it never actually comes to pass. We are always told that cutting spending would be too damaging to the economy "right now" but that they will definitely start cutting things later on.

For example, just check out this recent quote from White House Chief of Staff Jack Lew....

"The time for austerity is not today," Lew told NBC News "Meet the Press." "If we were to put in austerity measures right now, it would take the economy in the wrong way."

They always put budget cuts off for another day. They never want to do anything that could hurt the economy right now and threaten their chances in the next election.

The Republicans were the same way. Vice President Dick Cheney once famously said "deficits don't matter", and the Bush administration ran up horrific budget deficits.

Both political parties have let us down horribly.

Both political parties have voted over and over to steal gigantic mountains of money from our children and our grandchildren.

But our founders never intended for this to be the case. In fact, Thomas Jefferson once stated that if he could add just one more amendment to the U.S. Constitution it would be a complete ban on all borrowing by the federal government...

I wish it were possible to obtain a single amendment to our Constitution. I would be willing to depend on that alone for the reduction of the administration of our government to the genuine principles of its Constitution; I mean an additional article, taking from the federal government the power of borrowing.

Thomas Jefferson believed that it was fundamentally immoral for one generation to run up debts which must be paid back by future generations. Basically, he believed that such debts represented theft on a grand scale ....

And I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.

But that is what we are doing today. We are borrowing gigantic mountains of money which we expect our children and our grandchildren to pay back.

We have come to think of this as "normal", but the truth is that this theft is absolutely disgusting and if future generations get the chance they will curse us for what we have done to them.

Somewhere along the way, we seem to have lost all common sense when it comes to government spending.

The truth is that all of this does not have to be complicated. The following is what Clint Eastwood recently said about our budget problems....

"It's such a basic thing," Eastwood said. "Your parents always tell you when you don't have a dollar in your pocket, you don't spend two dollars. And that's kind of a basic philosophy of life."

Doesn't that make sense?

So why are we being so stupid?

When Ronald Reagan was elected, the U.S. national debt was less than 1 trillion dollars.

We are absolutely drowning in debt, and yet the Obama administration wants even more spending.

Some of his plans for "extra spending" during fiscal 2012 were detailed in an article posted on CNBC ....

For more immediate job programs, the White House will urge $350 billion in short-term job spending, as well as a six-year transportation and infrastructure program that would cost $476 billion. He will ask for $60 billion to refurbish at least 35,000 schools and help state and local governments hire and retain teachers, firefighters and police officers.

This is insanity.

Thanks to all of this debt, a national financial nightmare is an inevitability at this point. As I have written about previously, if the U.S. government stops spending so much money we are doomed, and if the U.S. government continues spending so much money we are doomed.

The problem that we are now facing was once beautifully described by Ludwig Von Mises when he made the following statement ....

There is no means of avoiding the final collapse of a boom brought about by credit expansion.

The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.

We are rapidly reaching the "final and total catastrophe" once described by Ludwig Von Mises.

We inherited the greatest economic machine in the history of the world from our forefathers, and we will be known as the generation that totally destroyed it.

Future generations will inherit a collapsed economy and the biggest debt in the history of the world.

But we all prance around like we are the smartest people that have ever existed on the face of the earth.

The rest of the world is laughing at us.

So why don't some honest politicians step forward and tell the American people that we need to stop spending so much money?

Well, first of all there are very few honest politicians on the national level.

Secondly, most of the money that our government spends is money that is taken from the pockets of some Americans and transferred into the pockets of other Americans. Large segments of our population have become absolutely addicted to getting government checks, and it would be political suicide for any politician to propose significant cuts to those checks.

Well over 50 percent of the federal budget is spent on social programs that put dollars directly into the pockets of the American people…

…The American people tend to love politicians that feed their addiction to government money....

If we keep going into so much debt, how long can our system possibly continue functioning?

Well, as we have seen in Greece, a government debt spiral will keep on going until the day that it simply stops working anymore.

A day of reckoning is coming. We don't know if it will be this year or next year or several years from now.

But it is coming.

Our politicians should be doing something about it, but they continue to spend money like tomorrow will never come.

What we are doing to our children and our grandchildren is absolutely immoral.

How in the world can we steal 150 million dollars an hour from them?

We are literally stealing the future from those that will come after us.

Do you think that they will thank us for that?

Sunday, February 12, 2012

AIPAC to Obama: Attack Iran or let Israel do it


US President Barack Obama makes his way onto the stage May 22, 2011 to address the AIPAC Policy Conference 2011

Source: Press TV
http://www.presstv.ir/detail/226156.html

The most powerful Zionist lobbying group in the US, AIPAC, is increasing pressure on the administration of Barack Obama to launch a military strike against Iran, a political writer says.

"It is clear that Israel and its neoconservative camp followers here in the United States are increasing pressure on President Obama to either attack Iran or let Israel do it," M.J. Rosenberg said.

Rosenberg, who was director of policy at Israel Policy Forum, made the suggestion in an article about a military attack against Iran’s nuclear facilities.

The author said the main reason behind his prediction is that "this is an election year and no one will say no to [Israeli Prime Minister] Benjamin Netanyahu in an election year."

He was referring to the 2012 presidential election in the United States that will be held in November.

Rosenberg also pointed out to an upcoming meeting of the American Israel Public Affairs Committee (AIPAC).

"War enthusiasm will rise to a fever pitch by March, when AIPAC holds its annual policy conference," he wrote.

AIPAC, which has an influential and undeniable role in US policies, advocates pro-Israel policies to the Congress and Executive Branch of the United States.

The group urges all members of Congress to support Israel through foreign aid.

The US and Israel have repeatedly threatened Tehran with the "option" of a military strike, based on their allegation that Iran's nuclear program may include a covert military aspect, a claim strongly rejected by Tehran

Thursday, February 9, 2012

Congress OKs drone flights in US airspace


Source: Press TV
http://www.presstv.ir/detail/225756.html

US Congress has passed a bill requiring the Federal Aviation Administration (FAA) to open the country’s airspace to thousands of drone aircraft within four years, Press TV reports.

According to the plan, which is part of a $63 billion funding package for the FAA, the unmanned aerial vehicles (UAVs) will fly beyond solely military airspace and begin to flood domestic US airspace by 2015.

The legislation requires the FAA to provide military, commercial and privately-owned drones with expanded access to US airspace by September 30, 2015.

The FAA has predicted that 30,000 drones could be in US skies by 2020. The bill is the result of an enormous lobbying effort from Washington insiders and the defense industry.

Even though the legislation restricts the use of the drones over populated areas, civil liberties groups are concerned the door into a sacred Constitutional tenant will be opened even wider.

“There are serious policy questions on the horizon about privacy and surveillance, by both government agencies and commercial entities,” said Steven Aftergood of the Project on Government Secrecy at the Federation of American Scientists.

However, many members of Congress who signed the bill don’t see expanded drone use as a problem. They believe the growth of the drone industry will create more jobs for their constituents.

US youth jobless rate highest in 6 decades


Job-seekers gather around employers' tents at an outdoor job fair at the Crenshaw Christian Center in South Los Angeles, August 31, 2011.

Source: press TV
http://www.presstv.ir/detail/225765.html

A new study by the Pew Research Center shows American young adults are the hardest hit by the US economic recession as unemployment rate among them has reached a record high.

According to the survey, only 54 percent of Americans aged between 18 and 34 currently have jobs, the lowest employment rate since the US government started keeping track of the data in 1948.

"Young workers are on the bottom of the ladder, and during a recession like we've had, it's often hard for them to hold on," said Kim Parker, the associate director of Pew's Social & Demographic Trends project.

Parker noted that American youth “are clearly less satisfied with their current circumstances than they were before the recession."

"This may be where some of the anger and frustration being expressed in the Occupy movement is rooted," she added.

Pew survey also found that US young adults have suffered bigger income losses than other age groups.

The US Federal Reserve Chief Ben Bernanke has expressed concerns over the status of the country’s economy, saying the unusually high levels of long-term unemployment in the US are worrisome.

More than 40 percent of the US jobless have been out of work for at least ten months.

Saturday, February 4, 2012

Fed Ben Bernanke says US economy approaching EU crisis levels


US Federal Reserve Chairman Ben Bernanke (file photo)

Source: Press TV
http://www.presstv.ir/detail/224849.html

US Federal Reserve Chairman Ben Bernanke has warned that an EU-type economic crisis is headed for the US economy if it fails to curb its debt issue, Press TV reports.

“Risks remain that developments in Europe or elsewhere may unfold and could worsen economic prospects here at home,” Bernanke said this week, a Press TV correspondent reported.

The Fed chief also suggested that eventually the government's increasing debt would inhibit the growth of the country's economy.

Experts think the US economy will dip into another recession in 2012 as the US Treasury report to congress forecasts the government's debt will rise to 19.6 trillion dollars by 2015.

The Congressional Budget Office reported that the US federal budget deficit will exceed USD 1 trillion at the same time as the US debt which is now more than USD 15 trillion and growing daily. The country's annual economic output now equals about the same as the debt level.

There are fears that more delays in resolving the eurozone debt crisis, which began in Greece in late 2009 and infected Italy, Spain and France last year, could push not only Europe but also much of the rest of the developed world back into recession.

Meanwhile, the US unemployment rate remains above 9 percent. Many economists, however, believe that the true unemployment rate is around 20 percent.

This has resulted in the Occupy protests that continue to rage across the country against the US's financial inequalities.

The Occupy Wall Street (OWS) movement first began on September 17 in the financial district of New York City to protest at a number of issues including the US financial crisis, rising poverty, soaring unemployment, and high bonuses for Wall Street executives.

Friday, January 20, 2012

Romney stripped of Iowa win after recount


Source: Press TV
http://www.presstv.ir/usdetail/222027.html

The Republican presidential frontrunner Mitt Romney has suffered a setback when the party stripped him of his victory in Iowa after a final tally of votes.

His rival, the socially conservative former senator Rick Santorum, emerged with the most votes, a majority of 34.

The party was scheduled to make an official announcement but the Des Moines Register reported its findings hours earlier.

The Register said the party was declaring the vote "unresolved" because there were "too many holes" in the certified totals to know the victor for certain, with the results from some precincts missing.

Romney said on Thursday the new tally showed it was "a virtual tie" between him and Santorum.

But it means that Romney can no longer claim to be the winner in Iowa. If another of his rivals, Newt Gingrich, wins the South Carolina primary on Saturday, this would mean they have one apiece: Romney the New Hampshire primary, held on 10 January, Gingrich South Carolina, and Santorum Iowa from 3 January. The race for the party nomination to take on Barack Obama in November would then be wide open. Guardian

Wednesday, January 18, 2012

Occupy AIPAC prepares for DC action



Source: Press TV
http://www.presstv.ir/detail/221666.html

An alliance of activist groups in the United States has announced that they will occupy the American Israel Public Affairs Committee (AIPAC) headquarters in early March.

Anti-corporate protesters from over 120 groups are devising plans to occupy AIPAC headquarters in Washington, DC from March 2 to 6, the Occupy AIPAC website announced on Monday.

“With the Occupy movement that has swept the country demanding social and economic justice, many have concluded that AIPAC -- the powerful pro-Israeli government lobby that distorts US policy in the Middle East -- is a mandatory 'occupy target',” the Occupy AIPAC statement said.

“Right now AIPAC is trying to drag us into a disastrous war with Iran, just as they pushed the Iraq war. We must show our opposition by exposing AIPAC and standing against a war with Iran,” Occupy AIPAC added.

The Occupy AIPAC action has been scheduled to coincide with the Zionist lobby's policy conference in March 2012 and will include “teach-ins, cultural performances, protests and creative direct actions, and a sneak preview of the forthcoming film Roadmap to Apartheid.”

The endorsers of the Occupy AIPAC action include the Al-Nakba Awareness Project, American-Arab Anti-Discrimination Committee (ADC) - DC, American Muslims for Palestine, Americans United for Palestinian Human Rights, Artists Against Apartheid, Citizens for Palestinian Self-Determination, Coalition to Stop $30 Billion to Israel, CODEPINK Women For Peace, Cultures of Resistance Network, Free Palestine Movement, If Americans Knew,

International Solidarity Movement, It is Apartheid, Philly BDS, Proposition One Committee, Rachel Corrie Foundation, Radio Against Apartheid, The Coalition Against Israeli Apartheid, Unitarian Universalists for Justice in the Middle East, US Boat to Gaza, US Campaign for the Academic and Cultural Boycott of Israel, US Campaign to End the Israeli Occupation, and We Are Wide Awake.

US protesters plan to Occupy Courts


A sign found at the Occupy DC encampment in Washington. (file photo)

Source: Press TV
http://www.presstv.ir/detail/221776.html

US Occupiers are planning to participate in “Occupy the Courts,” a one day protest at the Supreme Court in Washington, as well as at other federal court houses across the country.

Move to Amend, the group responsible for organizing the Friday event, proposes a Constitutional Amendment that ends the "judicial fiction of corporate Constitutional rights."

The event comes one day before the second anniversary of the Citizens United v. Federal Election Commission decision, in which the United States Supreme Court ruled that corporations are persons with 1st Amendment rights.

A news release from Occupy Cincinnati says that neither the Declaration of Independence nor the Constitution mentions corporations, which were rare when the US was founded.

Angry protesters say the US courts are places where there is no chance of a fair judgment for the 99 percent of Americans, against the power and influence of the 1 percent.

“Occupy the Courts” is an extension of Occupy Wall Street movement that began on September 17 last year.

The Occupy Wall Street movement first began when a group of demonstrators gathered in New York's financial district to protest against the unjust distribution of wealth in the country and the excessive influence of big corporations on US policies.

Despite police crackdown and mass arrests, the Occupy movement, which grew out of the Occupy Wall Street movement, has now spread to many major US cities as well as to Australia, Britain, Germany, Italy, Spain, Ireland, Portugal, and other countries.

Wednesday, January 4, 2012

NY police raid OWS office, nab several


Source: Press TV
http://www.presstv.ir/detail/219221.html

The US police have attacked the Global Revolution Livestream office of Occupy Wall Street (OWS) movement in New York, arresting several activists and journalists as the crackdown on media intensifies.

The Tuesday raid on the Brooklyn studio of Globalrevolution.tv, which covers OWS protests via live stream, followed a police order to the anti-corporatism protesters to vacate the studio.

Meanwhile, protesters have planned to rally in New York's Grand Central Terminal to protest against the National Defense Authorization Act (NDAA).

They say the legislation is an attempt to restrict their civil liberties.

The National Defense Authorization Act provides USD 662 billion in funding for military spending, including military pay raises, weapon systems and funding for the war in Afghanistan in 2012.

The measure, passed by wide majority in Congress, says the US military has the power to detain terrorist suspects without trial for as long as the so-called US war on terror continues.

The bill contains several provisions that rights groups and advocates have vehemently opposed, arguing that they could allow indefinite detention and interrogation of US citizens and non-citizens suspected of being linked to terrorism and deny them legal rights protected by the constitution.

President Barack Obama signed the controversial bill into law on New Year's Eve.

US police have so far arrested over thousands of anti-corporatism protesters since the beginning of the movement in September last year.

The OWS movement began when a group of demonstrators gathered in New York's financial district on September 17 to protest against the unjust distribution of wealth in the country and the excessive influence of big corporations on US policies.

The protest movement has given voice to outcries and grievances of people against poverty, unemployment, war, and corporatism.

Tuesday, January 3, 2012

Ron Paul's support peaks on the eve of Iowa caucus



Republican presidential hopeful U.S. Rep Ron Paul (R-TX) waves during a campaign stop at the Park Place Event Center on January 2, 2012 in Cedar Falls, Iowa (AFP Photo / Justin Sullivan)

Source: Russia Today
http://rt.com/usa/news/ron-support-iowa-paul-147/

Republicans in the state of Iowa will gather today to cast their vote in the caucuses that will largely impact the presidential race, and all eyes are on Ron Paul as the Texas Congressman holds the lead in the polls.

Following the bow out of Herman Cain and a schizophrenic surge up and down in the popularity of his peers, Rep. Ron Paul has rocketed to the forefront of the Republican Party in recent week, passing the competing gang of politicians also vying for the nomination. By Tuesday night, America will know the results of the Iowa Caucuses and could indeed have a clear idea of who could take the GOP’s nomination and perhaps eventually the presidency.

The last few surveys conducted by the Des Moines Register and Public Policy Polling put Paul either above the other frontrunners or neck-and-neck at first place. The Iowa caucus, the first among many during the presidential election year, have historically played a role in the rest of the race leading up to November.

On Monday, Rep. Paul acknowledged the skyrocketing support that could propel him to victory today, but stayed strong in backing his word and the campaign promises he’s made.

"We, the people, are growing and I'm optimistic," Paul said from Davenport, Iowa on Monday. That same day the politician found himself in Des Moines, IA and was welcomed by the same admiration as he did across state. "The enthusiasm is growing by leaps and bounds and crowds are getting bigger," Paul said from Des Moines Marriott ballroom. What was expected to serve as a “whistlestop” on the road to caucus day turned into practically a party as droves turned out to show their support. That support, says Paul, comes from ideas that he willing to stand up for, much to the chagrin of his GOP peers.

"As far as I'm concerned, there's only one issue," Paul said. "There's one issue that has made America great, an issue that you can answer all your questions on is individual liberty."

That point of view and others have made Paul a clear opponent of the ideologies largely shared by the competing pool of Republican candidates, and that option has allowed the congressman to accumulate a large fan base of likeminded youths.

It’s “young ideas” that Paul says puts him above the competition. “Freedom is a young idea,” he adds.

"He has tapped into something among young people . . . People here are sick of those wars, and they want the troops to come home," David Yepsen, director of the Paul Simon Public Policy Institute, tells the Chicago Sun Times.

Paul spokesman Jesse Benton adds to ABC News that it’s much more than that. “He governs on principle. He is consistent and does not flip-flop. And he is the only candidate who will really cut the spending and balance the budget so we can get back on our feet and create jobs,” says Benton.

Saturday, December 31, 2011

US seeks to 'terrorize' OWS protesters



Demonstrators help US Marine veteran Scott Olsen during a heavy police attack on peaceful Occupy Oakland protesters, October 25th (file photo)

Source: Press TV
http://www.presstv.ir/detail/218614.html

Iraq war veteran Scott Olsen, who was severely injured by US police during a recent anti-Wall Street demonstration, says the government is terrorizing people to rob them of their right to protest.

“First and foremost, they're not respecting our right to assemble, to protest and to redress our government for grievances…By the tactics they're using, they are in fact terrorizing some of us from going out at all,” Olsen said in an interview with MSNBC.

“It's sad that the Occupations have started out as politics and economics, and now it's turned into something more based on the rights, the freedoms that we are all told when we were growing up as Americans,” Olsen added.

During an October 25th protest in Oakland, police fractured Olsen's skull, forcing him to be bedridden in the hospital for one month and leaving him with a slow speech impediment and visible signs of trauma.

“If you look at me, this is at least the worst that could happen to you if you go out to one of these. And that's a sad statement for our country,” Olsen said.

Olsen, who had served two tours in Iraq, said he returned to the US physically unscathed.

So far, the occupy protesters in the US have gone through more than three months of harsh weather, police crackdowns, and arrests.

The Occupy Wall Street movement began when a group of demonstrators gathered in New York's financial district on September 17 to protest against the unjust distribution of wealth in the country and the excessive influence of big corporations on US policies.

Despite the police crackdown and mass arrests, the Occupy movement has now spread to many major US cities as well as to Australia, Britain, Germany, Italy, Spain, Ireland, Portugal, and other countries.

Friday, December 30, 2011

Arms sales can revive US economy?


Source: Press TV
http://www.presstv.ir/detail/218570.html

The US has finalized part of a 2010 arms sale to Saudi Arabia that sees 84 F15 fighter jets delivered plus upgrades to others, but what are the motives behind it?

Press TV talks with Jeff Steinberg, Executive Intelligence review in Washington about this part of a 60 billion dollar arms deal signed in 2010 and how it will affect the Saudi military's capabilities. The discussion also looks at motivations for the US and the Israeli response to this deal. What follows is an approximate transcript of the interview.

Press TV: The US says the arms deal with Saudi Arabia sends a strong message. What message does it send when the US hands arms over to one of the most repressive countries in the world of which a number of citizen s are in fact also blamed for the 9/11 terrorist act against the US?

Jeff Steinberg: What it tells you is that the US is looking to offset the fact that there is going to be significant cuts in US defense spending because of the economic crisis in the US and therefore we're leaning on certain countries to provide off-sets by making very large weapons purchases. The big question mark is what use are the Saudis going to be able to make of this?

The Saudi military is of very limited significance. They were able to move a few tanks and armored personnel carriers across the causeway into Bahrain earlier this year, but the idea that there's some kind of Saudi air force that represents an actual military capability is questionable maybe even laughable.

So it s a subsidy operation and frankly it's going to create an offset to job losses that's very same defense companies because arms sales to the Pentagon are going to be stretched out and slowed down.

I see this more as an economic deal and probably there'll be a lot of angry people in Britain because since 1985 there have been enormous arms deals under the old program between Britain and Saudi Arabia and frankly I think one of the interesting things that we're going to see on this big Saudi arms deal is that the Israeli lobby in the Us is not going to lift a finger to stop it.

And this is because you have a growing ironic convergence of Saudi and Israeli interests including and especially in the targeting of Iran. I therefore find it frankly quite amusing that the Israeli lobby is going to sit on the side lines with this 60 billion dollar program. I wouldn't be surprised to even find out that people like Richard Perle have some kind of consulting contract and are going to make some money off of this deal.

So it's really about money and combinations of political arrangements much more than it is about the idea about Saudi Arabia getting some kind of genuine military capabilities that anybody in the area should be concerned about.

Press TV: I know you made the point that this is related to the economy, I wanted to ask you, what it the game plan in the region by giving the Saudis this large cache of arms? Is there do you think a sense that may be throwing money or arms at the problem of extremism or terrorism that stems from Saudi Arabia and spreads across the region is the solution in a sense to win the war on terror?

Jeff Steinberg: No. not at all. We've given the Saudis a free ride on 9/11; on al-Qaeda; on the spread of an extreme form of neo-Salafi Sunni fundamentalism and now that's something that is going to be coming back to bite us.

We had the results of the first round of Egyptian elections where the Salafi parties did shockingly well - way beyond what anybody expected and the simple reason was that they were flooded with money coming in from the Persian Gulf especially from Saudi Arabia. So yes you're right that this is a wrong policy placating these kinds of problems is only going to build up towards greater problems and I hope we don't wind up a few years from now talking about a second 9/11 as a result of this kind of silliness

'US empire heading toward collapse'





Source: Press TV (YouTube)
http://www.youtube.com/watch?v=wbVgb7pDRmA

Russia has strongly criticized the US over what it calls violations of human rights, citing torture, Guantanamo Bay and death of innocent death row inmates. The situation in the United States is a far cry from the ideals that Washington proclaims, the report has said, a view that is becoming more common for a country that is supposed to set the ideal for democracy.

In this News Analysis, we will ask our guests why the US is on a downward trend on human rights, and whether the way Occupy protesters have been handled spells the new status-quo when it comes to how Americans will be treated.

Friday, December 16, 2011

Over 146 millions live in poverty in US


A man looks through the trash in New York City. (file photo)

Source: Press TV
http://www.presstv.ir/detail/215860.html

Nearly 1 in 2 Americans have now fallen into poverty or are scraping by on earnings that classify them as low income, a report by the US Census Bureau says.

Based on a new supplemental measure by the Census Bureau more than ninety seven million Americans are considered to have low-income, defined as between 100 and 199 percent of the poverty level.

Another 49.1 million Americans live below the poverty line, meaning 146.4 million Americans, or 48 percent are considered low-income or poor, Associated Press reported on Thursday.

The new measure of poverty takes into account medical, commuting and other living costs. The new method raised the number of people below 200 percent of the poverty level up from 104 million, or 1 in 3 Americans that was officially reported in September.

The new data shows that children were most likely to be poor or low-income - about 57 percent, followed by seniors over 65.

Meanwhile Hispanics topped the list at 73 percent, followed by blacks, Asians and non-Hispanic whites.

Among low-income families, about one-third was considered poor while the remainder - 6.9 million - earned income just above the poverty line.

The US recession began in 2007. More than a year after the recession officially ended in 2009, the US unemployment rate remains above 9 percent, and the poverty rate rose to 15.3 percent in 2010 from 14.3 percent in 2009.

The “incredibly unequal top-down distribution of wealth” in the US has formed an elite group who controls most aspects of the country's affluence, according to analysts.

The Occupy Wall Street (OWS) movement emerged on September 17 in the financial district of New York City to protest at a number of issues including the wars in the Middle East, US financial crisis, rising poverty, soaring unemployment, and high bonuses for Wall Street executives.

Monday, December 12, 2011

THUG COP punches mother of 4 in the face

Source Video:
http://vimeo.com/32606530


Retired Philly Police Captain "Ray Lewis" explains the brutality by today's cops.

Police Brutality Explained and Specific from Nigrotime on Vimeo.

One cause of police brutality explained here by OWS protester and retired Philly Police Captain, Ray Lewis at Zuccotti Park. This interview took place 3 days after his arrest on November 17, 2011. Coupling his interview with compiled footage from Citizen Journalists and filmmakers Casey Neistat, Dennis Trainor Jr and Michael Nigro, their footage shows NYPD Officer Grener, Badge 2008, punching a 54 year old mother of 4 in the head.

ICJ delivers ruling in favour of South Africa

South Africa's Closing Argument Against Israel for Genocide at the ICJ