Thursday, December 31, 2009

RevolutionRadio.org | Morning Headlines - December 31, 2009


Losing the Bill of Rights

December 31st, 2009
By Jacob Hornberger

AmConMag.com

Last month, President Obama announced that Khalid Sheik Mohammed would be transferred to New York, where he would stand trial in U.S. district court for his purported role as principal architect of the 9/11 attacks. At the same time, Obama announced that other terrorist suspects would continue to be tried for terrorism in the Pentagon’s military-commissions system, which was established after 9/11.

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Coming Soon: The Bill for the Massive U.S. Debt

December 31st, 2009

By Don Miller
MoneyMorning.com

Americans could be in for a rude awakening in coming months when they discover the true scope of the massive national debt racked up by the U.S. government.

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United States Debt Ridden Road to Perdition

December 31st, 2009

By: James Quinn
Market Oracle
Dec 30, 2009

Christmas is a time when kids tell Santa what they want and adults pay for it. Deficits are when adults tell the government what they want – and their kids pay for it. – Richard Lamm

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TSA Threatens Blogger Who Posted New Screening Directive

December 31st, 2009

By Kim Zetter
Wired.com
December 30, 2009

Two bloggers received home visits from Transportation Security Administration agents Tuesday after they published a new TSA directive that revises screening procedures and puts new restrictions on passengers in the wake of a recent bombing attempt by the so-called underwear bomber.

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Eurozone credit contraction accelerates

December 31st, 2009

Bank loans and the M3 money supply in the eurozone contracted at an accelerating pace in November, raising the risk that a lending squeeze will choke the region’s fragile recovery next year.

By Ambrose Evans-Pritchard
TelegraphUK

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All Currencies will Continue to fall vs. Gold. Market Review

December 31st, 2009

by Bob Chapman
Global Research
December 31, 2009

The rally in the dollar and the problems for other currencies prove what we have been saying and that is all currencies will continue to fall vs. gold. The impetus for the dollar rally originates as usual with the government and is added to by the disarray in the economies worldwide, particularly in Europe. One of the things central banks have never learned is that financial engineering only works for a short duration, after that the problem worsens. Even the world’s strongest currencies, the Swiss, Canadian, Aussie and Norwegian, are only holding their own versus gold. The reason why is almost all central banks have done the same thing and that is create money and credit recklessly at the behest of the US government. The US and British financial systems are insolvent. The euro is under severe pressure, because of problems in Greece, Spain, Ireland, Portugal and Italy, and every other central bank is jockeying for position via competitive devaluation. The public may not notice it but the situation is really chaotic. As you can see, the US is never allowed a level playing field, but that is part of what comes with being the international reserve currency. Banks in Britain, Europe and the US continue to take losses, sometimes-severe losses. There is no intermediation going on with the dollar. Its rally is founded on manipulation. We suspect in the future we will have an interesting phenomenon and that is a fall in the dollar, pound and the euro, as gold moves higher as the only viable alternative. The world is going to be shocked when the euro collapses. It won’t happen overnight. It will take a year or two, but it has a good chance of happening. The US dollar cannot and will not for some time to come be a safe haven for wealth. That is because the dollar and the US economy have been deliberately destroyed.

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A Hell of a Decade

December 31st, 2009

by Peter Schiff
LewRockwell.com

In its recent look back on the first ten years of the century, Time magazine proclaimed the period to be “the decade from hell.” The editors made their case based on what they saw as the signature events of the last ten years, notably the ravages of terrorism, failed wars, and a global financial crisis. Taken together, these factors produced an era that Time is convinced will be remembered as one of the low points in our history.

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Plentiful Petroleum

December 31st, 2009

by George Giles
LewRockwell.com

As the first decade of the twenty-first century draws to a close it is worth reviewing topics that may impact every man, woman and child. The disastrous Bush Administration pulled the legs out from under the baby boomers retirement with his inability to veto any spending bill. He has even crippled the future of the unborn. Lil’ Bush launched a global war on an adjective (terrorism) without any strategic objective. Previous wars had nouns as the subject. Social spending increased as well, not to mention the subversion of the Constitution and the Bill of Rights. Obama HAS taken up right where Lil’ Bush left off. Immense deficits and a monstrous national debt are threatening to consume us. As awful as this scenario is these are abstract concepts to Joe Public, something that plays little or no part in their daily lives. What about the impending eco-doom and the fact that we are running out of oil? These are abstract concepts that all the benighted masses can reify for themselves.

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The Old ‘False-Flag Trick’

December 31st, 2009

by William Norman Grigg
LewRockwell.com

You know, Chief, this nude bomb might solve a lot of problems. For one thing, flashers…. And there’d be no more trouble with concealed weapons. I mean, if everyone were nude, there’d be no place to hide a gun or knife. Well, there is a place, but it could be painful.

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THE MILLENNIUM BARACK

December 31st, 2009

By Michael LeMieux
December 31, 2009
NewsWithViews.com

Barack Obama ran his campaign on many issues to “fundamentally change America.” Some of those issues seem to be very lofty goals even if it is not his job to do so or even constitutional, but when has that ever stopped a modern politician.

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PHYSICIANS ARE CLOSING THEIR OFFICES

December 31st, 2009

Erica Carle
December 31, 2009
NewsWithViews.com

Dr. Carl W. Peter Jr., M.D.
Lower Standards Will Cost Lives

NOTE BY ERICA CARLE: The accompanying letter was written by our son, Dr. Carl W. Peter Jr. in response to a Letter to the Editor complaining about the greediness of physicians. Dr. Peter’s letter appeared in the Sumter, S.C. paper in January 2003. It seems relevant today when even the President of the United States complains about “greedy physicians.”

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