Monday, November 16, 2009

NoCapandTrade.us | NO CAP AND TRADE

The House of Representatives rammed through the mind blowing 1500 page American Clean Energy Security Act of 2009 (H.R. 2454) on June 26th, 2009. The last 300 pages had just been written the night before. No one had seen it. There wasn't even a copy on the floor of the House. Yet, it is the most expensive, intrusive, job destroying, economically damaging bill ever considered in the history of the US. The US Senate is now considering it as the Clean Energy Jobs and American Power Act, S 1733. This is one of the most dangerous pieces of legislation ever considered by Congress. Watch our short 3-4 minute videos and read our article in Range Magazine to find out just how dangerous this bill is. Then call your Senator and tell him or her not to vote for this bill. Go to www.congress.org to get contact information.

If you think cap and trade is needed or innocuous, think again!
What we are facing just to start
(by 2030)
· $3000 per family per year in increased energy costs
· $4,600 per family per year total increased cost of living
· $700 billion a year loss of GDP.
· $5.7 Trillion in increased taxes
· $9.4 Trillion total cost thru 2030
· Up to 6 Million lost jobs (based on Spanish experience)
· 2.2 jobs lost for every green job created (Spanish experience)
· $750,000+ cost for every green job created
· National debt will rise to minimum $12,803 per person
· Trading of carbon credits on the derivatives market -- the same one that caused the financial collapse last year.
· Devastating to 3rd World Nations

Cost of Keeping One U.S. Soldier in Afghanistan Per Year: One Million Dollars

November 15th, 2009

The U.S. doesn’t have to “win” the war for a handful of diabolical corporations to make a killing. The trick is to keep the war going for as long as possible.

And, day after day, the shakedown continues.

Bogus contracts, drugs and energy. That’s all, folks.

Plus a little change we can believe in.

Via: New York Times:

While President Obama’s decision about sending more troops to Afghanistan is primarily a military one, it also has substantial budget implications that are adding pressure to limit the commitment, senior administration officials say.

The latest internal government estimates place the cost of adding 40,000 American troops and sharply expanding the Afghan security forces, as favored by Gen. Stanley A. McChrystal, the top American and allied commander in Afghanistan, at $40 billion to $54 billion a year, the officials said.

Even if fewer troops are sent, or their mission is modified, the rough formula used by the White House, of about $1 million per soldier a year, appears almost constant.

So even if Mr. Obama opts for a lower troop commitment, Afghanistan’s new costs could wash out the projected $26 billion expected to be saved in 2010 from withdrawing troops from Iraq. And the overall military budget could rise to as much as $734 billion, or 10 percent more than the peak of $667 billion under the Bush administration.

Such an escalation in military spending would be a politically volatile issue for Mr. Obama at a time when the government budget deficit is soaring, the economy is weak and he is trying to pass a costly health care plan. FULL STORY

RIAN.ru | Medvedev says Russia to step up navy presence in world's oceans

SINGAPORE, November 16 (RIA Novosti) - Russia plans to increase its naval presence in the world's oceans, President Dmitry Medvedev said on board a Russian warship during an official visit to Singapore on Monday.

Russia announced in 2007 that its Navy had resumed and would build up a constant presence throughout the world's oceans. Once one the world's most powerful forces, the Russian Navy now has few ships regularly deployed on the open seas.

Asked by the crew of the Varyag cruiser if Russia's presence would be stepped up further, Medvedev said: "Yes, this is planned."

Moscow has recently contributed warships to international efforts to combat Somali pirates. A flotilla of Russian warships also participated in exercises with India and Venezuela last year.

Last year's tour of the Mediterranean, Caribbean, South Atlantic and the Indian Oceans by a flotilla led by the heavy missile cruiser Pyotr Veliky (Peter the Great) was lauded by many in Russia as the country's naval reappearance on a global scale and criticized in the West as echoing the Cold War-era.

After making several port calls and engaging in antipiracy operations off Somalia, the Pyotr Veliky arrived in Venezuela in late November, which coincided with Medvedev's state visit to the Latin American state. The president visited the ship along with his Venezuelan counterpart, Hugo Chavez.

In September 2008, Russia was reported to be in talks with Syria on turning the Tartus port into a permanent Middle East base for Russian warships.

Medvedev said Russia needs an effective navy to be able to send ships to take part in international missions.

"Our objective at the moment is to invest more considerable funds in the Navy. Decisions have been made, warships will be purchased under a state armaments program, certain steps will be made next year," Medvedev said.

He also said the current economic slump would have an insignificant effect on arms purchases for the Army and Navy.

RMN.com | A LICENSE FOR YOUR HOUSE - Thinking about selling your house - A look at H.R. 2454 (Cap and trade bill)

November 16, 2009 - You are encouraged to read the provisions of the Cap and Trade Bill that has passed the House of Representatives and being considered by the Senate.

A License required for your house...no longer just for cars and mobile homes...?

Thinking about selling your house - A look at H.R. 2454 (Cap and trade bill).

Beginning 1 year after enactment of the Cap and Trade Act, you won't be able to sell your home unless you retrofit it to comply with the energy and water efficiency standards of this Act. H.R. 2454, the "Cap & Trade" bill passed by the House of Representatives, if also passed by the Senate, will be the largest tax increase any of us has ever experienced. The Congressional Budget Office (supposedly non-partisan) estimates that in just a few years the average cost to every family of four will be $6,800 per year. No one is excluded. However, once the lower classes feel the pinch in their wallets, you can be sure these voters get a tax refund (even if they pay no taxes at all) to offset this new cost. Thus, you Mr. and Mrs. Middle Class America will have to pay even more since additional tax dollars will be needed to bail out everyone else.

But wait. This awful bill (that no one in Congress has actually read) has many more surprises in it. Probably the worst one is this: A year from now you won't be able to sell your house. Yes, you read that right. The caveat is (there always is a caveat) that if you have enough money to make required major upgrades to your home, then you can sell it. But, if not, then forget it. Even pre-fabricated homes ("mobile homes") are included. In effect, this bill prevents you from selling your home without the permission of the EPA administrator. To get this permission, you will have to have the energy efficiency of your home measured. Then the government will tell you what your new energy efficiency requirement is and you will be forced to make modifications.......

FULL STORY>>>>

Washington Post | Hunger on Rise - Lack of Food Affects 49 Million Americans , the largest number since the government has been keeping track

IntelDaily.com | Reality: Foreclosures rise, consumer sentiment falls in US

November 16, 2009 - Home foreclosures in the US increased 19 percent in October over a year ago, according to a report released by RealtyTrac, Inc., on Thursday. The number of filings was more than 300,000 for the eighth month in a row.

The figures reflect the continued crisis facing millions of US homeowners who face declining wages and soaring unemployment.

The state with the highest foreclosure rate in the country continues to be Nevada, where one out of 80 homes received a foreclosure filing in October.

The state with the highest absolute number of foreclosures was California, with more than 85,000, followed by Florida, Illinois, and Michigan. These four states accounted for more than 50 percent of all foreclosures in the country.

The continued jobs crisis has been met with indifference by the Obama administration. In a brief statement made on Thursday, Obama emphasized the “limits to what government can and should do, even during such difficult times.” It was necessary to avoid any “ill-considered decision…when our resources are so limited,” he added. (See “Obama announces fraudulent ‘jobs’ summit”)

These remarks pledged to fiscal austerity and “limited government” made clear that the administration will continue to reject any government jobs program or additional stimulus measures. They come after the Obama administration has already handed out trillions of dollars to the banks and continues to spend hundreds of billions on the attempted military conquest of the Middle East and Central Asia.

FULL STORY>>>>

Cave's Headline | November 16, 2009

The Dayton Business Journal reports:

The Dayton area overall has created or saved more than 623 jobs as a result of the $320 million in stimulus funding that has been awarded.

If you don't live in Dayton, you'll be happy to know that the federal government took your tax dollars and spent $514,000 per job to get Daytonians back to work. And that's assuming, contrary to our experience, so far that the jobs reported as "created or saved" are for real.

ZeroHedge.com | Full Ben Bernanke Speech Before Economic Club of New York

November 16, 2009

On the Outlook for the Economy and Policy

When I last spoke at the Economic Club of New York a little more than a year ago, the financial crisis had just taken a much more virulent turn. In my remarks at that time, I described the extraordinary actions that policymakers around the globe were taking to address the crisis, and I expressed optimism that we had the tools necessary to stabilize the system.....

AP | Millions will have to repay part of tax credit

WASHINGTON — More than 15 million taxpayers could unexpectedly owe taxes when they file their federal returns next spring because the government was too generous with their new Making Work Pay tax credit.

Taxpayers are at risk if they have more than one job, are married and both spouses work, or receive Social Security benefits while also earning taxable wages, according to a report Monday by the Treasury Department's inspector general for tax administration.

The tax credit, which is supposed to pay individuals up to $400 and couples up to $800, was President Barack Obama's signature tax break in the massive stimulus package enacted in February.

Most workers started receiving the credit through small increases in their paychecks in April. The tax credit was made available through new withholding tables issued by the Internal Revenue Service.

The withholding tables, however do not take into account taxpayers with multiple jobs or married couples in which both people work. They also don't take into account Social Security recipients with jobs that provided taxable income.

The Social Security Administration sent out $250 payments to more than 50 million retirees in the spring as part of the economic stimulus package. The payments were meant to provide a boost for people who didn't' qualify for the tax credit.

However, they went to many retirees who also received the credit. Those retirees will have the $250 payment deducted from their tax credit — but not until they file their tax returns next year, long after the money may have been spent.

"While implementing a credit through reduced withholding is an effective way to provide economic stimulus evenly throughout the year, it is difficult to account for everyone's circumstances," said J. Russell George, the Treasury inspector general for tax administration. "More than 10 percent of all taxpayers who file individual tax returns for 2009 could owe additional taxes."

The tax credit is also available for 2010. Russell said the problems will continue in 2010 if they are not resolved.

The credit pays workers 6.2 percent of their earned income, up to a maximum of $400 for individuals and $800 for married couples who file jointly. Individuals making more than $95,000 and couples making more than $190,000 are ineligible.

"Making Work Pay was designed to deliver much needed boosts to the paychecks of 95 percent of all working Americans," said Nayyera Haq, a Treasury Department spokeswoman. "Since enactment, more than 110 million families have benefited from as much as $60 in additional take home pay each month to put toward their family budgets, serving as a steady boost to spending and consumption."

For many, the new tax tables will simply mean smaller-than-expected tax refunds next year. The average tax refund this year was about $2,800.

The IRS, in a response to the audit, advised taxpayers to check their withholding throughout the year to make sure they don't get hit with an unexpected tax bill.

"The withholding system must approximate the tax liability of tens of millions of Americans, and therefore, cannot be tailored precisely to fit every individual situation," Richard Byrd Jr., commissioner of the IRS' wage and investments division, wrote in the agency's response to the report.

Bloomberg.com | Rice may double in price - to more than $1,000 a metric ton as dry El Nino weather shrinks output

Nov. 16 (Bloomberg) -- Rice prices have nowhere to go but up as drought in India and cyclones in the Philippines cripple harvests, according to the world’s biggest importer and the top exporter.

Rice may double to more than $1,000 a metric ton as dry El Nino weather shrinks output and the Philippines and India boost imports, said Sarunyu Jeamsinkul, the deputy managing director at Asia Golden Rice Ltd. in Thailand, the largest exporting nation. Prices won’t peak until March, said Rex Estoperez, a spokesman for the National Food Authority of the Philippines, the biggest importer. The agency issued a record tender for 600,000 tons last week and today called for bids for the same volume on Dec. 8 to secure grain before prices rise.

Global rice supplies are likely to be tighter than last year, when food shortages sparked riots from Haiti to Egypt, said Jeremy Zwinger, president of The Rice Trader, a brokerage and consulting company in Chico, California. Escalating food prices threaten to spark unrest in developing nations while increasing costs for beer brewer Anheuser-Busch Cos., the biggest U.S. rice buyer, and cereal maker Kellogg Co.

FULL STORY>>>>

John Galt | The Obama Bowing Survey

November 16, 2009


IF Obama bowed to the Saudi King as the picture above indicates and they are rated #4 with the other Oil Exporters for purchasing our Treasuries…..

AND

IF Obama bowed to the Empeoror of Japan as the pictured above indicates and they are rated #2 for purchasing our Treasuries……

THEN WHAT

Did Obama do BEHIND CLOSED DOORS with the Chinese Premier last night since they are the NUMBER 1 buyer of Treasuries?

a. Hugabutt

b. Lewinsky

c. Sent Michelle in

d. Sang “The East is Red” wearing a sarong and high heels to entertain them.

e. All of the above

What a schmuck…..

WAFF.com | Small earthquake hits Fort Payne, Alabama today Monday, November 16, 2009

November 16, 2009 - FORT PAYNE, AL (WAFF) - A small earthquake struck Northeast Alabama before dawn Monday morning according to the United States Geological Survey.

The 1.4 magnitude earthquake hit about five miles east of Fort Payne in DeKalb County.

A receptionist at Fort Payne City Hall says she felt something similar to a work by a construction company doing some blasting.

Joann Brewer also says she noticed some papers and other items in the office had been moved and knocked off a desk. Another woman said she thought the shaking was just a dream.

Neither Fort Payne police nor the DeKalb County EMA had any public reports from anyone claiming to have felt the small quake.

It was smallest of 11 earthquakes registered in Alabama this year.

The biggest earthquake ever registered struck Alabama in 1916. It was a magnitude 5.1 quake.

RELATED:

http://folkworm.ceri.memphis.edu/recenteqs/Quakes/quakes0.html

    MAG    DATE    LOCAL-TIME  LAT     LON    DEPTH    LOCATION
y/m/d h:m:s deg deg km
map 2.5  2009/11/16 05:12:37 35.493N 97.230W  5.0   16 km (10 mi) ENE of Midwest City, OK
map 1.4 2009/11/16 03:59:33 34.470N 85.618W 12.5 10 km ( 6 mi) ENE of Fort Payne, AL
map 1.3 2009/11/15 22:28:53 36.141N 89.385W 7.0 11 km ( 7 mi) WNW of Newbern, TN
MAP 3.0 2009/11/14 05:13:01 35.524N 97.219W 5.0 18 km (11 mi) ENE of Midwest City, OK
map 1.2 2009/11/13 23:31:38 36.482N 89.537W 7.9 12 km ( 7 mi) S of New Madrid, MO
map 0.9 2009/11/13 04:51:57 36.257N 89.486W 7.5 1 km ( 0 mi) S of Ridgely, TN

European Voice | Obama, 'America's first Pacific president'?

16.11.2009 / 08:32 CET

Is Asia higher up the US's hierarchy of priorities than Europe?

For better or worse, President Barack Obama's absence at the celebrations of the 20th anniversary of the fall of the Berlin Wall and, days later, his departure for a tour of Asia is being seen as a sign that he is turning the US's back on Europe.

Does this mean Europe no longer matters so much for the United States? Is it an intentional slight? Is there a deeper significance?

Similar questions were asked when US Secretary of State Hillary Clinton, who was in Berlin on 9 November in Obama's stead, chose to make Asia the destination of the first foreign trip of her tenure some nine months ago.

FULL STORY

Asia Times - China | Welcome, comrade Maobama

Nov 17, 2009 - And coming back to Afghanistan, we believe the best solution should be worked out within the cadre of the Shanghai Cooperation Organization (SCO) - of which ...

The Public Record | President Obama: Don’t Lecture China on Censorship

In an unprecedented town hall in Shanghai, the President takes questions on the most pivotal issues in U.S.-China relations directly from students and via the internet.
Photo: White House photographer Pete Souza

November 16, 2009 - President Obama, in his visit to China, held a “town meeting” with Chinese students in which he praised openness and lectured them on the value of freedom of information, saying that he is a “supporter of non-censorship” and that open access to information was a “source of strength.”

And yet America is hardly free of censorship. Heck, the president himself has gone to court to prevent the release of photographs of US troops torturing captives in Iraq, Afghanistan and at Guantanamo. Talk about censorship! But it goes way beyond just such crude, totalitarian style control over information.

Let’s just take the issue of depleted uranium weapons, over 1000 tons of which have been expended in the US invasion of Iraq, most of it in populated areas where millions remain exposed to the radioactive dust of the burned material. There is almost no reporting on this topic in the US media. The Pentagon has for years lied about and hidden the effects of this deadly substance, used in shells, bombs and bullets because of its unique ability to penetrate hard steel armor and concrete bunker walls.

It has refused to disclose where the weapons were fired, and has denied US troops the tests that would show if they have been contaminated. It has even resorted to having paid Pentagon hacks surreptitiously libel, slander and otherwise undermine those military sources and journalists who have tried to expose this scourge (this reporter has been the target of such disinformation attacks).

But censorship in the US goes beyond these crude efforts at government-directed control of information. In America, some of the most potent censorship is done by the privately owned media—supposedly a bastion of freedom of expression.

There is no reason why the US media cannot report on depleted uranium and its deadly legacy in places where it has been used, such as Iraq, Kuwait, Afghanistan and Kosovo, or on and around American military bases from Maryland to Hawaii. And yet it does not. Just recently, stories have appeared both on Britain’s SkyTV and in the Guardian newspaper, reporting on an alarming rise in unusual birth defects and infant cancers in Fallujah as well as in other Iraqi cities like Basra, Najaf, Baghdad and Samara—all urban areas where there were major assaults by US forces both in the initial invasion, when most of the DU weapons were used, and later during fights against holed-up insurgent groups.

In Fallujah, the Guardian reports that birth defects are up by a staggering 15 times normal—an increase of 1400%! While the article doesn’t mention depleted uranium specifically, and says that doctors in Fallujah have been reluctant to attribute the astonishing number of birth defects to the massive assault on that city by US forces in late 2004, they do cite “radiation and chemicals” which were dumped on the city.

There is no such report about this in the US media.

Is that censorship? Of course it is.

The American government doesn’t tell CBS News or CNN not to report this story, which amounts to a US war crime. It does not (at least generally), contact the editors at the New York Times or the Washington Post and say, “Don’t report on the infant mortality crisis in Iraq, or on the possible connection to US weaponry.” The editors of those news organizations themselves simply decide that either the story is of no importance to readers or they worry that they may be criticized either by the government or by other media organizations for being unpatriotic, or biased.

The end result of such a process, however, is that the American public is as ignorant about certain things as someone in China.

More ignorant in fact.

One thing I learned from living and working as a journalist and journalism teacher in China back in the 1990s is that the Chinese people, with their long experience of living in a totalitarian dictatorship in which all media are owned and tightly controlled by the state and the ruling Communist Party, are acutely aware that they are being lied to and that the truth is being hidden from them. Accordingly, they have learned to read between the lines, to pick up subtle hints in news articles which honest journalists have learned how to slip into their carefully controlled reports. They have also developed a sophisticated private system of person-to-person reporting called xiaodao xiaoxi or, literally, “back-alley news.”

This system used to be word-of-mouth between neighbors and friends. As telephones became ubiquitous, it was done by phone, allowing transmission over long distances quickly. Now there is the internet, which, while it is systematically controlled via what has become known as China’s “Great Firewall”—effectively all of China is like a vast corporate “intranet” which blocks access to outside websites—still allows the flow of email. This is nearly impossible to monitor, particularly when the messages are not bulk mailed to large numbers of addressees.

So in China, reports of corruption, of local rebellions or strikes, or of important news about the outside world that the government wants to keep at bay, manage to circulate widely inside China despite a huge state censorship apparatus.

It works because the Chinese people know they are being lied to and kept in the dark, and they want to break through that official shroud of secrecy and control.

In the US, in contrast, we have a public that for the most part is blissfully unaware of the extent to which our news is being censored, filtered and controlled. We boast of our “free press,” and our open society, and indeed, as a journalist, I am free to write what I want to write.

But given that most people get their news either from corporately owned newspapers or from corporate radio and TV stations, it doesn’t really matter what I or other journalists critical of the Establishment write because it won’t appear in the corporate media. Since most Americans, unlike most Chinese people, assume that they live in a society with a free press and no censorship or control of information, they don’t even bother to look beyond the information that is spoon-fed to them by corporate media sources.

The result is that in my experience I have found peasants in rural Jiangsu or Anhwei Province to in many cases be better informed about their own country and the world than are typical American suburbanites. Certainly if an American wants to be informed, all the information you could want is available, but you have to be first of all aware that you aren’t getting certain information via the obvious sources, and then you have to want to get it, and make the effort to find it. For most Americans, all three of these elements are missing.

The list of censored stories and issues in the US, about which the American public knows almost nothing is staggering, going well beyond just the use of nasty weapons.

Do Americans know that all the other modern western Democracies in the world have some form of national health care—either a state-run system like that in the UK or a single-payer model like that in Canada, or some hybrid like they have in France or Switzerland—and that in all those countries, the systems are so popular that they have survived decades of conservative governments? No. Our corporate media instead report on the crank critics of those systems and allow us to believe they are hated by their citizens.

Do Americans know that the US no longer boasts the best standard of living in the world—or even close? No. Because the American media continue to portray the US as “number one.”

Do Americans know that Al Qaeda was actually a creation of the CIA? No. This important bit of information doesn’t get mentioned in the US media, which always starts the organization’s history at 1988, when it got its name, when actually, its early origins date to the arming of the mujahadeen by the CIA and the CIA-linked Pakistani intelligence service, the Inter-Services Intelligence Agency, in the late 1970s and early 1980s, when the US wanted to create and support resistance to the Soviet occupation of Afghanistan.

And of course, we rarely get to see the slaughter of women and children that our beloved soldier “heroes” are conducting in Iraq and Afghanistan in our name.

No censorship in America?

Mr. President, please. You may fool us, but at least don’t insult the intelligence of your Chinese audience.

Dave Lindorff is a Philadelphia-based journalist. He is author of Killing Time: An Investigation into the Death Penalty Case of Mumia Abu-Jamal (Common Courage Press, 2003) and The Case for Impeachment (St. Martin’s Press, 2006). His work is available at thiscantbehappening.net



LA Times | 3.6 earthquake hits Riverside County (California) area, Southland's third in a day

November 16, 2009 - A magnitude 3.6 earthquake hit Riverside County east of Temecula.

The temblor did not cause any damage, though it was felt in parts of the Inland Empire. It hit near the small town of Anza in southwestern Riverside County.

It was the third moderate quake to hit Southern California in the last 24 hours. A 4.3 temblor hit off San Nicholas Island Sunday afternoon, followed by a 3.6 aftershock.

Neither of those quakes caused damage or injuries.

RELATED:

Earthquakes on above map

MAG UTC DATE-TIME
y/m/d h:m:s
LAT
deg
LON
deg
DEPTH
km
Region
MAP 3.6 2009/11/16 13:54:33 33.415 -116.642 5.1 SOUTHERN CALIFORNIA
MAP 2.6 2009/11/16 01:34:33 37.458 -118.840 7.7 CENTRAL CALIFORNIA
MAP 3.6 2009/11/15 22:48:37 33.172 -119.302 6.0 CHANNEL ISLANDS REGION, CALIFORNIA
MAP 4.4 2009/11/15 22:45:27 33.166 -119.302 6.0 CHANNEL ISLANDS REGION, CALIFORNIA
MAP 3.3 2009/11/15 07:54:22 33.915 -117.055 9.6 SOUTHERN CALIFORNIA
MAP 3.2 2009/11/13 13:22:37 38.992 -111.392 0.5 UTAH
MAP 3.3 2009/11/13 10:11:37 34.164 -117.427 5.5 GREATER LOS ANGELES AREA, CALIFORNIA
MAP 2.9 2009/11/12 07:41:05 33.839 -116.844 14.9 SOUTHERN CALIFORNIA
MAP 2.5 2009/11/11 05:56:41 35.427 -116.762 5.0 SOUTHERN CALIFORNIA
MAP 3.6 2009/11/11 03:24:23 33.248 -116.052 3.9 SOUTHERN CALIFORNIA
MAP 2.8 2009/11/09 20:35:16 34.693 -116.302 5.5 SOUTHERN CALIFORNIA

Seeking Alpha | Who's Watching the FDIC?

November 16, 2009 - .... Yet, the FDIC’s loan guarantees are probably worse than the TARP capital injections. TARP was passed by Congress and signed by the President. What Congressional or Presidential authority did the FDIC have to get into the credit default swap business? The Congressional Oversight Panel (COP) stated in its November 2009 report estimates on page 69 (71) that the FDIC’s loan guarantee program amounted to a $13.4 billion to $28.9 billion subsidy to the banks. The impact of this subsidy is that banks such as Goldman Sachs (GS) and Morgan Stanley (MS), which may have received subsidies of $2.3 billion and $3.7 billion under that program, will be encouraged to be over-reliant on the short-term, repo financing that brought down Lehman Brothers and Bear Sterns. If short-term creditors get nervous, the FDIC or the Federal Reserve will step in through discount window loans and bail them out.

For all its problems, the U.S. Treasury has been much more transparent in its efforts to shore up the financial system. It publishes term sheets and contracts in a timely manner. Not so with the FDIC. The FDIC is flaunting the Freedom of Information Act (FOIA) by not disclosing basic details of the loan guarantees and lines of credit that have granted a group of hedge fund and private equity investors that bought the failed assets of Corus Bank. My research shows that these loan guarantees inflate asset prices, yet the cheap loans may not hurt taxpayers and the deposit insurance fund if the toxic asset sales are from failed banks.

Perhaps more questions need to be asked of the FDIC. So far it has been clever in avoiding the bailout tag, but it has been and still is an active participant in bank bailouts. FULL STORY

Council on Foreign Relations (CFR) | Confronting the China-U.S. Economic Imbalance

November 16, 2009

Introduction: China has stepped up its purchases of U.S. Treasuries in recent years, making it the biggest foreign holder of U.S. debt. By many expert accounts, this has fueled a relationship of dependency between the United States and China, whereby China has lent to the United States to help fuel its export industry, while U.S. consumers in turn have demanded more exports and further access to cheap credit. This relationship attracted increasing scrutiny in the aftermath of the global financial crisis as the United States' massive stimulus outlays and loose monetary and fiscal policies fueled doubts about the U.S. economy and the value of U.S. debt. China's $586 billion in stimulus spending bolstered its weakening export industry and raised concerns about whether China will continue to buy U.S. debt. Meanwhile, Chinese officials have made calls to replace the dollar's role as an international reserve currency with the International Monetary Fund's Special Drawing Right, and trade tensions between the United States and China have grown over products such as tires and poultry. Some experts warn economic and political pressures could lead both countries to adopt more protectionist policies at a time when the global economic recovery remains fragile. FULL STORY

SteveQuayle.com | Hot Headlines - November 16, 2009

1.25 Million Contract Mystery Flu In Ukraine as Flu Cases Spike In Russia, Belarus, Bulgaria, Serbia, Norway, India And Canada
Ukraine Advanced Bioweapon Outbreak Update
H1N1 Suspected in Death of U of O Professor
Poor Man's Gold May be an Investor's Treasure
Gld ETF Warning, Tungsten Filled Fake Gold Bars
Gerald Celente – American Public Losing Everything to Fascist Oligarchs
Economic Uncertainty Means Business Is Booming for Swiss Gold Smelters
China-U.S. Discord on Currencies Clouds Obama Visit
Farmers Scramble to Finish Harvest from Hell
Rice Prices Poised to Skyrocket, Disasters Destroy Global Crops
Food Emergency: 20 Million on the Verge of Starvation as the World Teeters on the Brink of a Global Famine
Mayon's Crater Glow Grows More Intense
Eurasia Highest Volcano Spills Lava Down Slope
Italian MP Denounces Bilderberg Influence During European Parliament Meeting
Jeff Nyquist Talks to Dariusz Rohnka
Leaked G20 Documents Shed Light on Global Carbon Tax
Darpa: Freeze Soldiers to Save Injured Brains
Wake from Cryonics
Synthetic Biology: Why Not Pursuing Crazy Biotech Is Dangerous

Join Steve Quayle with George Noory on Coast to Coast AM Monday Nov. 16, 10 pm PT

Daily Finance | Obama's leverage in China negotiations limited by massive U.S. debt

Nov 16th 2009 at 10:00AM - President Barack Obama will work hard to build trust with China during his trip there, but how far will he be able to go in seeking changes on the key issues -- currency, the trade surplus, North Korea, Iran, human rights and others -- when he's sitting down with his nation's largest creditor? China holds $800 billion in U.S. debt and gets $50 billion a year in interest.

With that level of U.S. debt in its hands, China holds most of the cards. If China started dumping that debt, the value of the U.S. dollar would fall dramatically. China knows it's in the stronger position, as evidenced by its recent decision to ignore the IMF as it continues its stimulus programs. So no matter who was sitting at the table representing the U.S., they wouldn't have much ability to move the Chinese.China flexed its muscles almost as soon as President Obama arrived. Obama held a town hall meeting for more than 400 Chinese university students, which was supposed to have been televised. But at the last minute, China pulled the plug and the event was not carried on state television. Further, to make the statement that it's not interested in discussing human rights, China rounded up dissidents before Obama's arrival. Clearly, China is sending the signal that human rights will not be one of the issues to be negotiated. FULL STORY

Native American Times | Headlines - November 16, 2009

http://www.nativetimes.com/

Obama: US must reverse course with Indians
WASHINGTON (AP) – President Barack Obama assured American Indians last Thursday that they have a place in his White House and on his agenda, telling tribal leaders their marginalized community deserves more from its government.

Tribes claim wind farm would destroy sacred ritual MASHPEE, Mass.
(AP) – From a blustery perch over a Cape Cod beach, Chuckie Green gestures toward a stretch of horizon where he says construction of the nation’s first offshore wind farm would destroy his Indian tribe’s religion.

CD Review: Rain In July Native American Vocal Harmony
Music by Alex E. Smith, Cheevers Toppah and Kit Landry

Indian political awakening stirs Latin America
JESUS DE MACHACA, Bolivia (AP) – In Ecuador, the Shuar are blocking highways to defend their hunting grounds. In Chile, the Mapuche are occupying ranches to pressure for land, schools and clinics. In Bolivia, a new constitution gives the country’s 36 indigenous peoples the right to self-rule.

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StockCharts.com | Recent chart - Tracks the price of gold against the value of the U.S. dollar

If you go to source page you can vary the time span which it covers. (Java)

java chart

Defense Ministry of Mexico releases video of UFOs - Fox News YouTube

Business Insider | British Lord: UN Climate Change Treaty Is A Communist Trojan Horse!


USGS | 2.5 magnitude earthquake hit OKLAHOMA - 17 mi E from Oklahoma City, OK - Monday, November 16, 2009 at 05:12:37 AM at epicenter

RELATED:
http://folkworm.ceri.memphis.edu/recenteqs/Quakes/quakes0.html
    MAG    DATE    LOCAL-TIME  LAT     LON    DEPTH    LOCATION
y/m/d h:m:s deg deg km

MAP 2.5  2009/11/16 05:12:37 35.493N 97.230W  5.0   16 km (10 mi) ENE of Midwest City, OK
MAP 3.0 2009/11/14 05:13:01 35.524N 97.219W 5.0 18 km (11 mi) ENE of Midwest City, OK


Live Blogging and Video Exerpts from Obama’s Shanghai Town Hall Sunday November 15, 2009

Below are two excerpts from Obama’s town hall meeting with youth in Shanghai. In the first, Obama talks says that U.S. does not seek to contain China’s rise, but welcomes it as a strong and prosperous member of the community of nations. Video courtesy of Fox News.




Click here for Live Blogging - Sunday night Town Hall Meeting in Shanghai


Wall Street Journal | General Electric Co. (GE) Agrees to Supply China Aircraft Industry

November 16, 2009 - BEIJING—General Electric Co. made a big and potentially risky bet Sunday on China's aerospace industry as it struck an agreement with leading Chinese aircraft company Aviation Industry Corp. of China to jointly supply avionics systems for jetliner makers globally.

GE is angling in part to grab business for a planned aircraft China hopes will compete with jets from Boeing Co. and European Aeronautic Defence & Space Co.'s Airbus.

At the heart of GE's decision is the growth in China's appetite for planes, but the U.S. company is also betting a China-made jetliner could eventually challenge Boeing and Airbus outside China....

NewsWithViews.com - Frosty Wooldridge | Muslims in 21st Century America: Political Correctness Deadly

Please take notice that the Council of American-Islamic Relations never apologizes for American Muslims that behead their wives, or for honor killings of daughters or its fund-raising for Hamas terrorist activities—here in the United States. Last week, the FBI shut down four mosques in New York for subversive activities. Again, refer to......

NaturalNews.com | Today's Featured Stories - November 16, 2009


H1N1 "super flu" plague in Ukraine spark concern, conspiracy theories about origins
(NaturalNews) Here's what we know with some degree of certainty about the H1N1 virus in Ukraine right now: nearly 300 people have died from the viral strain, and over 65,000 people have been hospitalized (the actual numbers are increasing by the hour...

Farmers, Ranchers Fighting Back Against FDA Tyranny Over Animal Farms
(NaturalNews) A bill that would grant the FDA expanded authority to inspect farms has come under fire from ranchers and farmers concerned about increased government interference in their operations. In response to a recent series of food-borne illness...

November is Diabetes Awareness Month: Become Aware of the Warning Signs of Diabetes
Approximately 24 million people living in the United States have diabetes, but many of them don't know it. The reason they don't know it is because the symptoms of diabetes aren't unusual. For example, if they're feeling tired, it could easily...

You don't need your appendix, right? Wrong!
(NaturalNews) The appendix is a small, tube-like organ located in the lower right area of the abdomen and attached to the first part of the colon. Researchers have theorized this seemingly superfluous bit of our internal body is simply a remnant of the...

American Medical Association Urges Federal Government to Support Medicinal Marijuana
The nation's largest physician organization, the American Medical Association, has reversed its position on marijuana and now supports investigation and clinical research on the plant for medicinal use. The group urged the federal government...

Car parts made from hemp
(Natural News) PSA, the French manufacturer for Peugeot and Citroen, has recently initiated its Green Materials Plan. This plan intends to increase car parts made from natural materials 600 percent by 2015. They are making a few parts now that are based...

Why There is an Obesity Epidemic (Opinion)
The number of extremely obese adults has quadrupled since the 1980`s to about 4 million. That works out to about 1 in every 50 adults. The original theory was that extreme obesity was a rare condition; this has changed to the realization...

Hidden Secrets of Aloe Vera: Naturally Treat Acne and Many Other Skin Conditions
It has been proven that aloe vera can be used to treat acne, with improvements seen in as little as one week. Acne sufferers can see a remarkable improvement by simply breaking an aloe vera leaf and applying the watery gel to the acne lesions...

Whole Foods to Use "Non-GMO" Seal on Its Private-Label Products
(NaturalNews) Whole Foods Market has announced plans to have all of its store-brand products independently tested to certify that they are made without the use of any genetically modified organisms (GMOs). "Since there is no U.S. regulation regarding...

Hypnosis Brings Benefits during Pregnancy and Childbirth
Hypnosis has been used during childbirth for approximately 100 years. Many research studies have been conducted to study the effects of hypnosis on pregnancy and labor. Hypnosis has been used on women during labor to help reduce pain. Hypnosis...

Joyce Riley's THE POWER HOUR NEWS | November 16, 2009


Gold hits new high again -- $1128.

HASAN'S APPLICATION FOR CONCEALED WEAPON PERMIT -- We mentioned last week that Nidal Malik Hasan, who killed 13 people at Fort Hood, received a concealed weapon permit in 1996 when he was living in Vinton, Va. Here are the highlights from his Roanoke County Circuit Court application.

NY city security lockdown for 9-11 terrorists trial -- Call it the fortress of steel. When the murderous 9/11 Gang of Five finally lands in New York for trial, they'll face an impenetrable wall of security -- with five times the normal number of US marshals flooding lower Manhattan and a ring of marksmen watching their every move, sources said yesterday.

British scientists testing Ukrainian "super flu" -- Some doctors have likened the symptoms to those seen in many of the victims of the Spanish flu which caused millions of deaths world-wide after the World War One. An unnamed doctor in western Ukraine told of the alarming effects of the virus. He said: 'We have carried out post mortems on two victims and found their lungs are as black as charcoal.

Swine Flu Updates -- State by State!!

H1N1 super flu plague in Ukraine sparks concern, conspiracy theories about origin -- Here's what we know with some degree of certainty about the H1N1 virus in Ukraine right now: nearly 300 people have died from the viral strain, and over 65,000 people have been hospitalized (the actual numbers are increasing by the hour). The virus appears to be either a highly aggressive mutation of the globally-circulating H1N1 strain, or a combination of three different influenza strains now circulating in Ukraine. Some observers suspect this new "super flu" might be labeled viral hemorrhagic pneumonia (meaning it destroys lung tissue until your lungs bleed so much that you drown in your own fluid), but that has not been confirmed by any official sources we're aware of.

An Avalanche Of Reports Of Adverse Reactions To The H1N1 Swine Flu Vaccine –- And Yet World Health Authorities Continue To Insist That It Is Safe!

Ontario: Deadly Swine Flu surge kills 24 people in 72 hours -- A deadly Swine Flu surge in Ontario has killed 24 people in a 72-hour period, according to the Public Health Agency of Canada. Up until Nov. 10, Ontario's death toll stood at 37. The new total of deaths in Ontario is now 61, the highest in Canada.

We can't sit back & allow the loss of our freedoms: Judge Napolitano -- We elect the government. It works for us. As we watch the Democrats' plans for health care take shape, we can only ask how did our government get so removed, so unbridled, so arrogant that it can tell us how to live our personal lives?

Side by side comparisons of major health care proposals -- This side-by-side compares the leading comprehensive reform proposals across a number of key characteristics and plan components. Included in this side-by-side are proposals for moving toward universal coverage that have been put forward by the President and Members of Congress.

New fears of 3M chemicals -- Three new studies show a link between Scotchgard-type chemicals in ground water and high cholesterol in human blood.

Welcome home solider...now shut up -- War crimes are collective in nature. Especially in wars based on fraud, soldiers are expected to lie - to their country, to their community, even to themselves. The silencing process begins on the battlefield in the presence of officers, power-holders who seek to nullify the perceptions and personal experience of troops under their command. Read More...

Outrageous!! Army sends infant to protective services, Mom to Afghanistan -- VENTURA, California - U.S. Army Specialist Alexis Hutchinson, a single mother, is being threatened with a military court-martial if she does not agree to deploy to Afghanistan, despite having been told she would be granted extra time to find someone to care for her 11-month-old son while she is overseas.

New prison wing at Bagram AFB in Afghanistan cost $60 million -- "The new prison wing cost some $60 million to build ... and is meant to be part of a new era of openness and transparency," Bays said. Bays said the extended prison could hold up to 1,000 detainees, but was at present holding around 700 inmates, including 30 foreign prisoners.

Microchip included in health bill? -- "The Secretary shall establish a national medical device registry (in this subsection referred to as the ‘registry’) to facilitate analysis of postmarket safety and outcomes data on each device that—‘‘(A) is or has been used in or on a patient; and ‘‘(B) is a class III device; or ‘‘(ii) a class II device that is implantable.” In “real world speak”, according to this report, this new law, when fully implemented, provides the framework for making the United States the first Nation in the World to require each and every one of its citizens to have implanted in them a radio-frequency identification (RFID) microchip for the purpose of controlling who is, or isn’t, allowed medical care in their country.
Related Articles:
* Text of bill...go to bottom of page 1001 and continue into pg.1002
* Comments: Microchip to link all your records

Farmers, ranchers fighting back against FDA tyranny over animal farms -- A bill that would grant the FDA expanded authority to inspect farms has come under fire from ranchers and farmers concerned about increased government interference in their operations.

Farmers scramble to finish harvest from hell -- Wet weather has caused widespread crops problems including mold and diseases. All across the Midwest, crops are higher in moisture, creating harvest glitches, which means grain can't be stored or processed properly. Count on higher food prices in the coming months.

Vaccination: Federal Health Agencies Continue to Deceive Americans -- Congressional Report on a Vaccine Mercury-Autism Link Ignored for Six Years.

What Depleted Uranium weapons have done in Iraq -- Iraqi former battle zone sees abnormal clusters of infant tumours and deformities.
Related Articles:
* Deformed babies in Fallujah -- Letter to the UN from Iraq.
* Petition to help deformed babies in Iraq -- Help Deformed Children in Fallujah.

WHO planning guide for mass gatherings & pandemic

1.25 million contract mystery flu in Ukraine as cases also spike in Russia, Belarus, Bulgaria, Serbia, Norway, India & Canada -- The latest numbers out of Ukraine indicate that 1.25 million people have now contracted what is being called "the mystery flu". Over 65,000 of those have required hospitalization and 239 are officially reported to be dead.

Paraguayan village sprayed with toxic chemicals after land dispute -- Following an overturned eviction last week, an Ava Guarani community in Paraguay’s Itakyry district was sprayed with toxic chemicals, most likely pesticide, resulting in nearly the entire village needing medical treatment.

Major Hasan Of Fort Hood -- A Patsy In A Drill Gone Live?

Portable 'pain ray' raises fears of non lethal weapons proliferation to be used against civilians -- Israeli researchers have developed a portable device that causes excruciating sensations of burning and can be built for just $250,000, raising fears that even the world's poorest, most oppressive governments will now be able to use advanced non-lethal weapons on their civilian populations.

Signing of Columbia bases deal could set stage for 'expeditionary warfare' -- After several months of secrecy and controversy, on October 30th the US and Colombia signed an agreement to allow the United States military extensive access to seven Colombian bases, notwithstanding serious concerns about true intentions and eventual consequences of the deal.

From the Federal Register...plans to increase spying on all financial transactions -- FinCEN is issuing this notice of proposed rulemaking to amend the relevant Bank Secrecy Act (“BSA”) information sharing rules to allow certain foreign law enforcement agencies, and State and local law enforcement agencies, to submit requests for information to financial institutions.

Record cold in Alaska this week...40 to 50 below temps! -- A powerful storm brought winds over hurricane force to southern England Saturday. Most locations in southern England recorded winds of 60-70 mph, including London.

Chinese earthquake caused by HAARP device? -- Benjamin Fulford investigates a mysterious plasma weapon seen prior to the Niigata earthquake in July 2007 and Red, White & Blue HAARP lights near the epicenter prior to the recent quake in China.

Car parts made from hemp -- PSA, the French manufacturer for Peugeot and Citroen, has recently initiated its Green Materials Plan. This plan intends to increase car parts made from natural materials 600 percent by 2015. They are making a few parts now that are based on flax and hemp.

Sunday, November 15, 2009

ChannelNewsAsia.com | Asia-Pacific Economic Cooperation (APEC) to mull over membership list

16 November 2009 0949 hrs - Hatoyama has avoided talking about who would join up, but his Foreign Minister Katsuya Okada mentioned 16 countries – the 10 countries of Southeast Asia plus Australia, India, China, Japan, New Zealand and South Korea.

The suggestion that the United States would be excluded has aroused concerns among some US and Japanese officials who fear it could jeopardise the Japan-US alliance, the bedrock of post-war security in Asia.

"Japan has relied a bit too much on the United States until now," the newly elected Hatoyama said in October after a summit with China and South Korea. "I would like to map out policies to reach out to Asia, as a country of Asia."..............