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The Second Great Depression
Thursday, 22 February 2007 23:17
by Mike Whitney

 “The US economy is in danger of a recession that will prove unusually long and severe. By any measure it is in far worse shape than in 2001-02 and the unraveling of the housing bubble is clearly at hand. It seems that the continuous buoyancy of the financial markets is again deluding many people about the gravity of the economic situation.”
Dr. Kurt Richebacher

“The history of all hitherto society is the history of class struggles.”
Karl Marx

This week’s data on the sagging real estate market leaves no doubt that the housing bubble is quickly crashing to earth and that hard times are on the way. “The slump in home prices from the end of 2005 to the end of 2006 was the biggest year over year drop since the National Association of Realtors started keeping track in 1982.” (New York Times) The Commerce Dept announced that the construction of new homes fell in January by a whopping 14.3%. Prices fell in half of the nation’s major markets and “existing home sales declined in 40 states”. Arizona, Florida, California, and Virginia have seen precipitous drops in sales. The Commerce Department also reported that “the number of vacant homes increased by 34% in 2006 to 2.1 million at the end of the year, nearly double the long-term vacancy rate.” (Marketwatch)

The bottom line is that inventories are up, sales are down, profits are eroding, and the building industry is facing a steady downturn well into the foreseeable future. 

Known and very popular cialis coupon which gives all the chance to receive a discount for a preparation which has to be available and exactly cialis coupons has been found in the distant room of this big house about which wood-grouses in the houses tell.

The ripple effects of the housing crash will be felt throughout the overall economy; shrinking GDP, slowing consumer spending and putting more workers in the growing unemployment lines.

Congress is now looking into the shabby lending practices that shoehorned millions of people into homes that they clearly cannot afford. But their efforts will have no affect on the loans that are already in place. $1 trillion in ARMs (Adjustable Rate Mortgages) are due to reset in 2007 which guarantees that millions of over-leveraged homeowners will default on their mortgages putting pressure on the banks and sending the economy into a tailspin. We are at the beginning of a major shake-up and there’s going to be a lot more blood on the tracks before things settle down.

The banks and mortgage lenders are scrambling for creative ways to keep people in their homes but the subprime market is already teetering and foreclosures are on the rise.

There’s no doubt now, that Fed chairman Alan Greenspan’s plan to pump zillions of dollars into the system via “low interest rates” has created the biggest monster-bubble of all time and set the stage for a deep economic retrenchment. Greenspan’s inflationary policies were designed to expand the “wealth gap” and create greater economic polarization between the classes. By the time the housing bubble deflates, millions of working class Americans will be left to pay off loans that are considerably higher than the current value of their home. This will inevitably create deeper societal divisions and, very likely, a permanent underclass of mortgage-slaves.

A shrewd economist and student of history like Greenspan knew exactly what the consequences of his low interest rates would be. The trap was set to lure in unsuspecting borrowers who felt they could augment their stagnant wages by joining the housing gold rush. It was a great way to mask a deteriorating economy by expanding personal debt.

The meltdown in housing will soon be felt in the stock market which appears to be lagging the real estate market by about 6 months. Soon, reality will set in on Wall Street just as it has in the housing sector and the “loose money” that Greenspan generated with his mighty printing press will flee to foreign shores.

It looks as though this may already be happening even though the stock market is still flying high. On Friday, the government reported that net capital inflows reversed from the requisite $70 billion to AN OUTFLOW OF $11 BILLION!

The current account deficit (which includes the trade deficit) is running at roughly $800 billion per year, which means that the US must attract about $70 billion per month of foreign investment (US Treasuries or securities) to compensate for America’s extravagant spending. When foreign investment falters, as it did in December, it puts downward pressure on the greenback to make up for the imbalance. Everbank’s Chuck Butler put it like this:

“Not only did the buying stop in December by foreigners in December, but the outflows were huge! Domestic investors increased their buying of long-term overseas securities from $37 billion to a record $46 billion. This is a classic illustration of ‘lack of funding’. So, the question I asked the desk was… ‘Why isn’t the euro skyrocketing?’”

Why, indeed? Why would central banks hold onto their flaccid greenbacks when the foundation which keeps it propped up has been removed?

The answer is complex but, in essence, the rest of the world has loaned the US a pair of crutches to bolster the wobbly dollar while they prepare for the eventual meltdown. China and Japan are currently hold over $1.7 trillion in US currency and US-based assets and can hardly afford to have the ground cut out from below the dollar.

There are, however, limits to the “generosity of strangers” and foreign banks will undoubtedly be pressed to take more extreme measures as it becomes apparent that Team Bush plans to produce as much red ink as humanly possible.

December’s figures indicate that foreign investment is drying up and the world is no longer eager to purchase America’s lavish debt. The only thing the Federal Reserve can do is raise interest rates to attract foreign capital or let the dollar fall in value. The problem, of course, is that if the Fed raises rates, the real estate market will collapse even faster which will strangle consumer spending and shrivel GDP. In other words, we are at the brink of two separate but related crises; an economic crisis and a currency crisis. That means that the unsuspecting American people are likely to be ground between the two mill-wheels of hyperinflation and shrinking growth.

In real terms, the economy is already in recession. The growth numbers are regularly massaged by the Commerce Department to put a smiley face on an underperforming economy. Industrial output continues to flag (In January it was down by another .5%) while millions good paying factory jobs are being air-mailed to China where labor is a mere fraction of the cost in the USA. Also, automobile inventories are up while factory production is in freefall.

In addition, new jobless claims soared to 357,000 in the week ending February 10. 44,000 more desperate workers have been given their pink slips so they can join the huddled masses in Bush’s Weimar Dystopia.

December’s net capital inflows are a grim snapshot of the looming disaster ahead. As the housing bubble loses steam, maxxed-out American consumers will face increasing job losses and mounting debt. At the same time, foreign investment will move to more promising markets in Asia and Europe causing a steep rise in interest rates. This is bound to be a stunning blow to the banks which are low on reserves ($44 billion) but have generated $4.5 trillion in shaky mortgage debt in the last 6 years.

It’s all bad news. The global liquidity bubble is limping towards the reef and when it hits it’ll send shock-waves through the global economic system.

Is it any wonder why the foreign central banks are so skittish about dumping the dollar? No one really relishes the idea of a quick slide into a global recession followed by years of agonizing recovery.

Maybe that’s why Secretary of Treasury Hank Paulson has reassembled the Plunge Protection Team and installed a hotline to his Chinese counterpart so he can quickly respond to sudden gyrations in the stock market or a freefalling greenback; two of the calamities he could be facing in the very near future.

Greenspan has successfully piloted the nation into virtual insolvency. In fact, the parallels between our present situation and the period preceding the Great Depression are striking. Just as massive debt was accumulating in the market from the purchase of stocks “on margin”, so too, mortgage debt between 2000 and 2006 soared from $4.8 trillion to $9.5 trillion. In both cases the “wealth effect” spawned a spending spree which looked like growth but was really the steady, insidious expansion of debt which generated economic activity. In both periods wages were either flat or declining and the gap between rich and working class was growing more extreme by the year. As Paul Alexander Gusmorino said in his article, “Main Causes of the Great Depression”:

"Many factors played a role in bringing about the depression; however, the main cause for the Great Depression was the combination of the greatly unequal distribution of wealth throughout the 1920's, and the extensive stock market speculation that took place during the latter part that same decade".

The same factors are at work today except that the speculation is in real estate rather than stocks. Just as in the 1920’s the equity bubble was not created by wages keeping pace with productivity (the healthy formula for growth) but by the expansion of personal debt. Also, one could buy stocks without the money to purchase them, just as one can buy a $600,000 or $700,000 house today with zero-down and no monthly payment on the principle for years to come. The current account deficit ($800 billion) could also weigh heavily in any economic shake-up that may be forthcoming. Bob Chapman of The International Forecaster made this shocking calculation about America’s out-of-control trade deficit:

"US debt was up 10.1% to $4.085 trillion and accounts for 58.8% of all the credit issued globally last year. That means the US expanded credit at a much faster rate than the economy grew. This was borrowing to maintain a higher standard of living and attempt to pay for it tomorrow."

Think about that; the US sucked up nearly 60% of ALL GLOBAL CREDIT in one year alone. That is truly astonishing.

There are many similarities between the pre-Depression era and our own. Paul Alexander Gusmorino says:

"The Great Depression was the worst economic slump ever in U.S. history, and one which spread to virtually all of the industrialized world. The depression began in late 1929 and lasted for about a decade....The excessive speculation in the late 1920's kept the stock market artificially high, but eventually lead to large market crashes. These market crashes, combined with the misdistribution of wealth, caused the American economy to capsize.

(The income disparity) between the rich and the middle class grew throughout the 1920's. While the disposable income per capita rose 9% from 1920 to 1929, those with income within the top 1% enjoyed a stupendous 75% increase in per capita disposable income…A major reason for this large and growing gap between the rich and the working-class people was the increased manufacturing output throughout this period. From 1923-1929 the average output per worker increased 32% in manufacturing8. During that same period of time average wages for manufacturing jobs increased only 8% (This ultimately causes a decrease in demand and leads to growth in credit spending)

The federal government also contributed to the growing gap between the rich and middle-class. Calvin Coolidge's (pro business) administration passed the Revenue Act of 1926, which reduced federal income and inheritance taxes dramatically…(At the same time) the Supreme Court ruled minimum-wage legislation unconstitutional.

The bottom three quarters of the population had an aggregate income of less than 45% of the combined national income; while the top 25% of the population took in more than 55% of the national income...Between 1925 and 1929 the total credit more than doubled from $1.38 billion to around $3 billion”. (Just like now, the growing wage gap has spawned massive speculative bubbles as well as a steady up-tick in credit spending. Wage stagnation forces workers to seek other opportunities for getting ahead. When wages fail to keep pace with productivity then demand naturally decreases and business begins to flag. The only way to spur more buying is by easing interest rates or expanding personal credit, and that is when equity bubbles begin to appear. That's what happened to the stock market before 1929 as well as to the real estate market in 2007. The availability of credit has kept the housing market afloat but, ultimately, the resultwill be the same.

On Monday October 21, 1929, the over-valued stock market began its downward plunge. It managed a brief mid-week comeback, but 7 days later on Black Tuesday it plummeted again; 16 million shares were dumped and there were no buyers.

The game was over.

Confidence evaporated overnight. People stopped buying on credit, the bubble-economy collapsed, and the mighty locomotive for growth, the American consumer, hobbled into the Great Depression. Tariffs were thrown up, foreigners stopped buying American goods; banks closed, business went bust, and unemployment skyrocketed. Tens years later the country was still reeling from the implosion.

Now, 77 years later, Greenspan has led us sheep-like to the same precipice. The economic dilemma we’re facing could have been avoided if the expansion of personal credit had been curtailed by prudent monetary policy at the Federal Reserve and if wealth was more evenly distributed as it was in the ‘60s and ‘70s. But that’s not the case; so we’re headed for hard times.
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Comments (90)add comment

a guest said:

Illusion of Prosperity: Artificial Equity Begins to Vanish
Housing Bubble Burst: The sky has fallen.

Where did all the scoffers go with their mockery? The silence is deafening...
People made fun of Noah building the ark until it started raining……

The downward spiral of America has become obvious to the world. I believe the federal government has run out of ideas for a *Bubble economy. The Second Depression is well under way.

Thank you Mike for the great article my friend!
February 23, 2007 | url
Votes: +0

a guest said:

Wishful Thinking
Battles of Classes? Economic bubbles? Of course there is going to be a depression in every free market there is always a bottoming out. In the Marxist economy 97% of the people are always bottomed out and the other 3% live high on the hog. I saw the 80 some sports cars and the several fuel trucks that Brezchnev owned during his tenure as Premier....Power to the People my ass.

China is in for a big surprise when the US economy goes in the toilet. Millions of very unhappy economically liberated Chinese are going tear into the Chinese government....oooh that ain't going to be very pretty.

In a free society, depressions/recession bring losers and winners. I never really understood why you guys refer to the depression of the 1929 to 1936 is a great, but I do know that a lot of people made a great profit from the great losers. Ooops...I used the dirty word profit.

I spent a lot of time behind the so called "Iron Curtain" and anyone who think the communism is the answer to mankind's, sorry humankind's, is friggin living a wet dream. Marxism nothing more than a fancy name for "Feudal System." The are only two types of governoring: Self governered people with dispursed power or a feudal system where people live under the governorship of benevolent or evil rulership.

My father was an immigrant from Italy (190smilies/cool.gif. I came home from school one day and asked him what was his definition of Democracy. Being an immigrant, I figured he would have a good defintion and he did.

These words I'll never forget: "Son, a democracy is a collection of dictatorships!" I was stunned, but he was right! It's better to have 50 states than one state and if you don't think New Mexico or some other state isn't a dictatorship try stepping on the authorities' toes. That ain't gonna be pretty.
And, that's all I've got to say about that." Forest Gump
February 23, 2007 | url
Votes: +0

a guest said:

The above article is of course on the money, but leaves out one important factor. This coming depression, while being artificially stiff armed for now, will be hastened when the time is right. The coming merger of the US Mexico and Canada as the North American Union will be built upon the foundation of the collasped dollar. The Amero is waiting in the wings to take us into this new era. The dollar has been brought to the edge of the cliff and is about to be pushed over. There is a rush to put the other pieces in place in order to bring this about. The other pieces are assurances of financial success in this new era for those who orchestrate American politics.
February 23, 2007 | url
Votes: +0

a guest said:

OK, people are starting to see bad times just ahead. What are you doing to prepare for this? Your family still needs to eat and drink.

What will happen when the welfare checks stop? When the cupboards are bare?

People, you better get ready.

February 23, 2007
Votes: +0

a guest said:

End of the dollar, end of democracy
Our paper 'money' is yet another violation of our Constitutional rights.
They violate the 1st Amendment by opening mail, caging demonstrators and banning books like "America Deceived" from Wiki.
They violate the 2nd Amendment by confiscating guns during Katrina.
They violate the 4th Amendment by conducting warrant-less wiretaps.
They violate the 5th and 6th Amendment by suspending habeas corpus.
They violate the 8th Amendment by torturing.
They violate the entire Constitution by starting 2 illegal wars based on lies and on behalf of a foriegn gov't.
The fall of the dollar will eliminate the rest of our Constitutional protections.
Last link (unless Google Books caves to the gov't and drops the title):
February 23, 2007 | url
Votes: +0

a guest said:

I agree with much of the article, but there are some other considerations...
Assuming a severe recession, if not total depression, breaks out, the question becomes how to handle it. Two positives here that the author is not catching. First, the Great Depression did not begin in the US and spread to the rest of the world. It was initially caused by a myopic attempt by the central bankers to restore the world to the gold standard that existed prior to WWI. In a global context, the US was one of the last to fall victim to the Great War's economic and monetary fallout. This time the US is the likely leader in bringing on a global slump and other foreign banks are trying to figure a way out of being dragged down, which Mr. Whitney alludes to in the article. On a positive note, one major difference between this 'crash' and the Great Depression is that the 1929 fall was based more on "claims to wealth" (i.e. stocks, bonds, etc.) than on real assets. People's houses are real assets, as opposed to claims. Yes, many will fall in value and you can argue the bank has the security on that, but unless another major weakening of bankruptcy laws occurs, most of these people will end up with the yoke of bankruptcy and ruined credit around their necks, but will stay in those houses. Also the last several years have seen a major conversion of apartments to condo-type dwellings, so more rental seekers will push up prices on rentals and I wouldn't be surprised to see a trend toward rental property conglomerates swooping in on failed mortgages, buying up condos and apartments, and renting them. That would sort of fit the neo-communist/neo-fascist approach that currently drives our government. Not much of a bright side, I know, but there will be currents and eddies in the coming economic crash to either avoid or swim into. For example, I expect global warming and the aging baby boomers to start selling out and downsizing en masse as the catastrophe unfolds. For some markets that will be a disaster, but for others, it will support values. The main thing to realize is that market efficiency theory, as we've all been taught, no longer holds true. Insiders know and act on everything ahead of time, behind the scenes. Follow them.
February 23, 2007
Votes: +1

a guest said:

Why we are in this mess
Please read this article by Rep. Ron Paul, "Paper Money and Tyranny". Link: http://www.house.gov/paul/cong...90503.htm. It is rather long but it gives an overview of why we are in this mess. It is the unconstitutional Federal Reserve and our fiat money. You may ask, "What is a dollar?". A dollar is defined as a specific weight of silver --- 371.25 grains of silver. Now our "dollars" really FRN's are backed by nothing.
February 23, 2007 | url
Votes: +0

a guest said:

Arranging Deck Chairs on the Titanic
Vacuous speculation on the collapse of the economy is like swatting at an offending gnat while being charged by a bull elephant. Unabated military spending on misguided martial adventures spanning the last century up to the present have already crushed the moral, ethical and political will of the American people, who are subservient to an unresponsive, non-representative government and know where profits are being made on wars and by whom.. For a better view of our economic future, the financial wizards of our society have
moved their Titanic deck chairs closer to the band, where they will tap their toes to the rythym of the economy until their socks are soggy.
February 23, 2007
Votes: +0

a guest said:

The Great Deepression is here! Millions out of jobs, Illegals raping this country!
I ask every citizen of USA,be honest with yourself. Why did you brought Bush back again. Now you suffer with great deepresion 2 , i am sorry he is going
to call Martial Law . Americans too busy with prostitutes, Hashish, and Beer, Wine.So what ever suffering misery comes to USA we all deserve it.We sat do nothing.
February 23, 2007 | url
Votes: -1

a guest said:

How to Stay Alive
Other than funeral homes and criminal activities what sort of business prosper during a depression?
February 23, 2007
Votes: +0

a guest said:

response to a guest
"It was initially caused by a myopic attempt by the central bankers to restore the world to the gold standard that existed prior to WWI."
Well total baloney spread out by monetarist bunch of traitors. Remember, officially dollar WAS on gold standard before and soon after crash. It was taken off that standard after crash in 1932 when Roosvelt stole peoples gold and soon after raised its exchange by 30% (from about 24$/oz he paid to american citizens to about 32$/oz avaliable to foreigners only. Until 1972 gold was backed by dollar in foreign exchange. What really happened at that time US government with cohoots with bank of England tried to prop up ailing pound that should be DEVALUED after WWI by about 50%. This was main reason there was huge credit expansion bases on fictional gold standard still official in US and most elsewhere in the world. Fictional because there was way more credit issued than gold in the coffers of the banks. What really happened in 1932 people figured that scam and went to banks to get their gold back. There was none of course, many banks went bankrupt so finally Roosvelt decided to get out of fictional gold standard as mentioned above. So get the facts straight and stop spread that nonsense.
February 23, 2007 | url
Votes: +0

a guest said:

response to a guest
"It was initially caused by a myopic attempt by the central bankers to restore the world to the gold standard that existed prior to WWI."
Well total baloney spread out by monetarist bunch of traitors. Remember, officially dollar WAS on gold standard before and soon after crash. It was taken off that standard after crash in 1932 when Roosvelt stole peoples gold and soon after raised its exchange by 30% (from about 24$/oz he paid to american citizens to about 32$/oz avaliable to foreigners only. Until 1972 gold was backed by dollar in foreign exchange. What really happened at that time US government with cohoots with bank of England tried to prop up ailing pound that should be DEVALUED after WWI by about 50%. This was main reason there was huge credit expansion bases on fictional gold standard still official in US and most elsewhere in the world. Fictional because there was way more credit issued than gold in the coffers of the banks. What really happened in 1932 people figured that scam and went to banks to get their gold back. There was none of course, many banks went bankrupt so finally Roosvelt decided to get out of fictional gold standard as mentioned above. So get the facts straight and stop spread that nonsense.
February 23, 2007 | url
Votes: +0

a guest said:

Spread False Gospel - Collect Real Gold
Excellent article, Mike, as always.
In my title, "Gospel" means "Something accepted as unquestionably true."
Whether education, government statistcs, or religion, I suspect we have been entirely too trusting of those we hardly know. People can also blame individuals such as Greenspan, but I ask, WHO made him an AGENT? Who pulls Bush and Cheney's puppet strings? Who pulls Paulson's strings? These men are only AGENTS, not a power in themselves. Isn't it strange that when "they" needed a patsy back in the early 1900's, "they" pulled Woodrow Wilson out of Princeton to be President while they did their dirty work. And in similar circumstances, they have now pulled Bernanke out of Princeton, probably for identical purposes. It's up to us NOT to play the game. Otherwise, "evil" is rewarded with gold, and "good" gives it up. Always been and always will be. No matter how far back in history you want to go. And I'm not being smug. I'm almost 60 and only now beginning to understand. Too late for me. Sincerely hope it's not for you. Respectfully, Edward Ulysses Cate
February 23, 2007 | url
Votes: +0

a guest said:

whats all the fuus about?
"America" is soon going to be a non-white/primarily Mexican nation. Immigrants make lots of babies. White people dont.
So the coming super depression is irrelevant. The language of commerce will be Spanish, the national sport will be soccer. There will be no jobs for whitey, economic collapse or not. And there is no such thing as a country that doesn't manufacture anything.
The current generation doesn't possess a hint of the work ethic. They wont take a job even if its offered (or show up regularly) - or get their hands dirty under any condition. Their entire exixtence revolves around music, fornication, stuffing their mouth, playing vid games. Then they live in their parents attic or basement for free.
It's a hundred times worse than you think.
The party is over - big time.
The U.S. future is not gloom and doom.
It's fatal.
February 23, 2007
Votes: +1

a guest said:

robert bolske
I suspect that just after the economic crash, The Power Elite will give us an offer.. Join with Mexico and Canada in the North American Union and accept the Amero as a new currancy,, or starve to death.

You dollar, redeemed at a value of 10 Amero cents, ..take it or leave it. The state is newly debt free....

If you object to loudly,, take it to the Mexican Marine Corps,, or The Canadian Armed Forces,,, they will be patroling your streets.
February 23, 2007
Votes: +0

a guest said:

The real cause of our bankruptcy.
Immediately after entering office Roosevelt put a 54% tarrif on German goods to please the Jews. This was the real start of WW II. Roosevelt did not care that this measure put l,500,000 Americans out of work at the depth of the Depression; only serving Jewish interests mattered. It is even worse today. Israel alone accounts for a quarter of the US debt since 1948. It is the most expensive and useless colony on Earth. The coming attack on Iran for Israel should finish off the US economy and dollar as well as a good part of the Army, Navy and Air Force.
February 23, 2007
Votes: +0

a guest said:

If the dollar falls in value will not the goods and services of the US become more sellable? Wouldn't that make up for the loss of value by the expansion of sales?
February 23, 2007
Votes: +0

a guest said:

Greetings from the UK
Hi Folks and welcome from good ol' bankrupt England. Yes! We too have succombed to huge asset inflation and runaway real estate prices. It's all gonna go horribly wrong very soon now.

I have greater faith in the American people restoring true freedom, the removal of the NeoCon loonies and the re-establishment of something resembling an honest currency system than I do of such things happening here in the UK. I am so desperate to avoid the coming catastrophe, I'm in the process of selling my home and leaving the UK permenantly. I'd rather earn a pittance and be debt free than live under the kind of debt slavery that exists here.
February 23, 2007
Votes: +0

a guest said:

.. but we own the countries on either side of Iran
How does the planned invasion play into the economic reset button?

"Theater Iran Near Term" (TIRANNT)

All we need is the next pearl harbor/911 demolition event. A false flag on Easter would do the trick. To allign the world again against all Islam and Israel's enemies. Draft HR 393 already in place at the same moment as the Bush's surge speech. This time all persons age 18 - 42.

A nuclear war of this magnitude would erase the economic woes and set in motion the collection of dictatorships in Bush fatherland .. and the re-elections would be suspended indefinitely.

Old Texan .. age 47 (not draft age) ... for me .. I collect euros, tampons, cigs and ebay car parts for the new currency.

Have a good weekend while the sun still shines ...
February 23, 2007 | url
Votes: +1

a guest said:

February 23, 2007
Votes: +0

a guest said:

they are ALL capitalist 1 party dictatorships!
as a FORMER american (New Yorker born and raised) and as someone who now lives in Shanghai China and can say a few things heres.

ones is that there is and has NEVER really been such things as a democratic and free nation just as there has NEVER been a communist nation. what is becoming ever more that we ALL have around this world (thanks to vile, profit over people and environment mega-corporations) is CAPITALIST, ONE-PARTY DICTATORSHIPS! This is worldwide and dont even dare and say usa has a 2 party system! if U do ya really need a smack upside your conditioned sleeping head!

what will happen... and I say this as a ad/marketing professional is that BY DESIGN, usa will and IS falling into a 3rd world society as the powers that be have known for some time a few simple ideas. one is that the marketing tricks don't work in America (the west) any longer. couple that with their view that americans cost too much to pay.

now... we can put ourselves in the mindset of these vile corporations and see how they look at Asia (China). Over 1/2 the world's population and virgins as far as the marketing game.

so what to do? build the middle class (as is happing now all over asia and in China) and make them the worlds biggest consumer... at least for the next few decades.

see boys and girls... its all a revolution... it goes in circles and until human kind wakes up an realizes that profit (money) is evil and fictitious and we start working for other motivations then the elite will continue ti play the game.

sorry meriKKKa... you are designated to have decades of dark days ahead... and i must say... you all deserve it! personally... I have absolutely zero patriotism as I know the fact is that nations are myths!

February 23, 2007
Votes: +0

a guest said:

Whitney has got it backwards
There isn't going to be any depression. It was decided long ago that short term but severe pain such as a depression to bring economics back into balance was replaced with mild long term discomfort of currency and price inflation.

These statements are backed by the facts of monstrous increase in money supply, ease of credit such as credit cards in everyones mailbox and a never ending credit line that doesn't get paid off.

The financial markets know and they are buying up hard assets and commodities. Gold is moving towards all time highs and silver will be the talk of the town before the year closes out.
Real Estate will/is finding support and will be fine.

What is the answer to protect yourself?
Answer: Keep up with inflation from monetized debt and buy, buy , buy silver and silver coins which could see a 300% increase this year.
February 24, 2007
Votes: +0

a guest said:

Lots of variables going on here at the same time so its difficult to put a complete picture together; but I do disagree with the writer who thinks that bankruptcy protection laws will allow people to stay in their homes.

I think what we are witnessing here is a war on Americans, but it is more of a high-tech financial war. Here is how it works. First television and magazines are flooded with images of a good lifestyle. Americans look at their homes and feel sub-standard and then refinance their homes in order to purchase the lifestyles that appear in magazines and as backdrops in movies and television. Banks are ready for their phones to ring because Greenspan sparked the party with low-interest rates which in turn artificially raised home values.

But the home values are artificial and will stay high only long enough for the banks to extract hundreds of billions in interest money from new home buyers, downpayment money from new home buyers, and equity from those who finally gave in to the ditech commercials and refinanced their homes which already had a fair amount of equity in them.

Now surprise to the individual who thinks the victums of loan rate resets or job loss will be able to file bankruptcy and keep a car and a home. It turns out that many of the mortgages are immediately sold to mortgage clearing houses like Freddie Mac and Fannie Mae which inturn repackage multiple mortgages into Mortgage Backed Securities called MBS's and are sold to Japan, China, and the UK asw well as US investors. Many have been sold to China. So the net effect is....Watch TV...see lifestyle....take loan and buy Chinese goods to achieve lifestyle....loan resets or inflation due to a weak dollar causes you to miss mortgage payments....forclosure....but here is what is different...banks don't own the homes...foreign bond holders do...many of which are Chinese. They are not going to let you live in their homes....you think its yours...but if you owe money and have a mortgage...you are renting from the Chinese...and they will not have payment plans available.

This time, the Government will not be there for us. We have grown up with terms like unemployment, welfare, disability, bankruptcy protection,...and a host of other terms that make us think....they will be there for us in some form or another. This time a huge trap has been set by people in Washington...who if traced back to the revolutionary days...would turn out to be the Loyalists...the ones who supported the Crown.

The war has been going on in this country aginst Americans for decades and the Americans never knew they were being fought. Read the samll print of the bankruptcy laws. If you can't make mortgage payments you will have to leave the home.

February 24, 2007
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a guest said:

February 24, 2007
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a guest said:

a guest: question
ow... we can put ourselves in the mindset of these vile corporations and see how they look at Asia (China). Over 1/2 the world's population and virgins as far as the marketing game.

so what to do? build the middle class (as is happing now all over asia and in China) and make them the worlds biggest consumer... at least for the next few decades.

see boys and girls... its all a revolution... it goes in circles and until human kind wakes up an realizes that profit (money) is evil and fictitious and we start working for other motivations then the elite will continue ti play the game.

sorry meriKKKa... you are designated to have decades of dark days ahead... and i must say... you all deserve it! personally... I have absolutely zero patriotism as I know the fact is that nations are myths!
February 24, 2007
Votes: +0

a guest said:

ow... we can put ourselves in the mindset of these vile corporations and see how they look at Asia (China). Over 1/2 the world's population and virgins as far as the marketing game.

so what to do? build the middle class (as is happing now all over asia and in China) and make them the worlds biggest consumer... at least for the next few decades.

see boys and girls... its all a revolution... it goes in circles and until human kind wakes up an realizes that profit (money) is evil and fictitious and we start working for other motivations then the elite will continue ti play the game.

sorry meriKKKa... you are designated to have decades of dark days ahead... and i must say... you all deserve it! personally... I have absolutely zero patriotism as I know the fact is that nations are myths!
February 24, 2007
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a guest said:

Hi Folks
Just wondering.....the great depression seemed to come to an end with ww2. Could the PTB see all this happening and thats why the next big war is on our doorstep? ie a REALLY BIG war economy MAY stop the rot?
February 24, 2007
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a guest said:

we asked for it.
Well,why is everyone so excited?This has been in the works for many years and we all just sat idly by and watched .Where to start ...The moral fiber breakdown of the young(Drugs,sex,selfishness,lack of work ethic and on) that most seem to never come out of.Sports above all else.A complete willfull ignorance to the all around negative reality of our future on the current course of society.We have become a society of people who basically say "If it doesn't directly affect me I don't care".Presidential candidate Col."Bo" Gritz was our last hope and said it all in '92...But not many heard.Life has become too easy here ,we are a bunch of spoiled kids.True Conservancy is an extinct species. It will take alot of suffering,pain,heartbreak and loss for Americans to wake up .Maybe more than most can take.Think of all the vets of past wars that lost life and limb based on protecting our freedom that if ever existed is about to be flushed for the NAU.Welcome to the NWO.It is very sad that the newest Americans(children)will grow up not knowing the world WE grew up in.We gave it away for pleasures....
February 24, 2007 | url
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a guest said:

Interesting stuff.
Actually, and oddly, I tend to go with the guy who has to write in capitals. I might not like the syntax, but he's got it approximately dead on.

I was raised in an evangelical (Assemblies of God) type environment, and to cut a long story short, have seen that whole scene subverted into the "something evil [Spielberg]" type edifice.

This is fairly evident to a bunch of us folks in Canada and the USA (even) and here in the UK. What is coming is serious, and yes, tends to look like an engineered disaster.

This is where it gets hard from the point of view of explaining it up. What is a guy with my background going to do? Go back to books on economics and chew the fat? Possible.... though I'm a mathematician by trade, reluctant to give up my day job and find that stuff a bit taxing (if you will pardon the pun). But that means that I have to ignore all that stuff from the 70's when I was a kid and the church was not flying off the rails.

The guy with the capital letters actually has the biblical bit correct. That comes out with difficulty but it's there.

The best thing you could under these circumstances I suppose is to make peace with the bloke upstairs, prepare for bad times but hope for the best. And do not, for Petes own sake, believe some messianic cut out who tells you about this great scheme he has for proving that USA capitalism is really, really OK and it will all work out. And prepare for a lot of war.

By the way, I'm not against the USA in the sense of despising them. I luve watching the Waltons, listening to Johhny Cash and greatly admire the Grateful Dead's music. So forget the stereotype stuff.

Man, I'm going to get flak for THIS little sucker.

February 24, 2007
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a guest said:

its not about ameros.its about global government.build and collapse global econmy,and the modernized countries[INCLUDING RUSSIA,CHINA,AND RESULTING COUNTRIES DEPENDANT ON THE MAJOR PLAYERS,LIKE IRAN}collapse.the result will be econmic chaos,and after all the misiry in all the countries,the rise of a global economic system.after that,global government will fall into place on its own.an illuminati saying-whoever the people vote for, they vote for us
February 24, 2007 | url
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a guest said:

Treason for Treasure
A long time ago, an America , I think he was involved in the banking industry. He was quoted somewhere about his own theory that the First Great Depression was nothing but a totally planned event. He believed that it was allowed to take place so that big business may become ",rulers of us all". For anyone who closes studies wars and political puppets, it might seem that these people in power seem to know when the time is right to buy or sell.

Right now, the Canadian Conservative Party is trying to sell the idea of putting away our borders and selling us on the idea that it will help make this continent safer. {From the war criminals in America!?} And that somehow we will benefit from it all andstill remain a sovereign country. No thanks. You might be nice to Canada simply because we live next door, but we have seen your true colours. Your own American government treats whole nations like playthings and the puppets you've now brainwashed and installed in Canada will probably find themselves on trial. Arrested for treason and fraud and working for the big business that only cares about itself. Yes, they know that great world events are about to take hold. Whether it's from enviromental changes or man made, America will always put itself first. You will never have my country as your own. You will not take my beloved nation down the hole with you America. You can take your new world order and put it where it belongs. America is so in debt that when the next big crash occures you'll be grabbing at everything around you to keep from sinking. You can no longer be trusted anymore until you hold your liars and war criminals accountable, And by the looks of things. They aren't going anywhere but up the ladder of success.
February 24, 2007 | url
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a guest said:

1Ti 6:10 For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows.
DEBT, n. An ingenious substitute for the chain and whip of the slave-driver.

As, pent in an aquarium, the troutlet
Swims round and round his tank to find an outlet,
Pressing his nose against the glass that holds him,
Nor ever sees the prison that enfolds him;
So the poor debtor, seeing naught around him,
Yet feels the narrow limits that impound him,
Grieves at his debt and studies to evade it,
And finds at last he might as well have paid it.
—Barlow S. Vode

RADICALISM, n. The conservatism of to-morrow injected into the affairs of to-day.

I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones.
Albert Einstein

I think that God in creating Man somewhat overestimated his ability.
Oscar Wilde

Patriotism is the virtue of the vicious.
Oscar Wilde

Democracy becomes a government of bullies tempered by editors.
Ralph Waldo Emerson

Public opinion is a weak tyrant compared with our own private opinion. What a man thinks of himself, that is which determines, or rather indicates, his fate.
Henry David Thoreau

Those who can make you believe absurdities can make you commit atrocities.

If America shows weakness and uncertainty, the world will drift toward tragedy. That will not happen on my watch.
George W. Bush

Be kind, for everyone you meet is fighting a hard battle.

Only the dead have seen the end of war.

When we got into office, the thing that surprised me the most was that things were as bad as we'd been saying they were.
John F. Kennedy

If a free society cannot help the many who are poor, it cannot save the few who are rich.
John F. Kennedy, inaugural address, January 20, 1961

The man who leaves money to charity in his will is only giving away what no longer belongs to him.
Voltaire, Letter (1769)

Be thankful we're not getting all the government we're paying for.
Will Rogers

Crime does not pay ... as well as politics.
Alfred E. Newman

The problem with political jokes is they get elected.
Henry Cate VII

A conservative is a man who sits and thinks, mostly sits.
Woodrow Wilson (1856 - 1924)

The radical of one century is the conservative of the next. The radical invents the views. When he has worn them out the conservative adopts them.
Mark Twain (1835 - 1910), Notebook, 1935

The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness.
John Kenneth Galbraith (1908 - 2006)

Conservatives are not necessarily stupid, but most stupid people are conservatives.
John Stuart Mill (1806 - 1873)

Political language -- and with variations this is true of all political parties, from Conservatives to Anarchists -- is designed to make lies sound truthful and murder respectable, and to give an appearance of solidity to pure wind.
George Orwell (1903 - 1950), "Politics and the English Language", 1946

February 24, 2007
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a guest said:

1Cr 3:19 For the wisdom of this world is foolishness with God. For it is written, He taketh the wise in their own craftiness.

Sisters of the way-side bide their time in quiet peace,
Await their place within the ring of calm;
Still stand to turn in seconds of release,
Await the call they know may never come.
In times of lightness, no intruder dared upon
To jeopardize the course, upset the run;
And all was joy and hands were raised toward the sun
As love in the halls of plenty overrun.
Still in their bliss unchallenged mighty feast,
Unending dances shadowed on the day.
Within their walls, their daunting formless keep,
Preserved their joy and kept their doubts at bay.
Faceless legions stood in readiness to weep,
Just turn a coin, bring order to the fray;
And everything is soon no sooner thought than deed,
But no one seemed to question in anyway.
How keen the storied hunter's eye prevails upon the land
To seek the unsuspecting and the weak;
And powerless the fabled sat, too smug to lift a hand
Toward the foe that threatened from the deep.
Who cares to dry the cheeks of those who saddened stand
Adrift upon a sea of futile speech?
And to fall to fate and make the 'status plan'
Where was your word, where did you go?
Where was your helping, where was your bow? Bow.
Dull is the armour, cold is the day.
Hard was the journey, dark was the way. Way.
I heard the word; I couldn't stay. Oh.
I couldn't stand it another day, another day,
Another day, another day.

Touched by the timely coming,
Roused from the keeper's sleep,
Release the grip, throw down the key.
Held now within the knowing,
Rest now within the peace.
Take of the fruit, but guard the seed.
They had to stay!
Held now within the knowing,
February 24, 2007
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a guest said:

What I don't understand is how so many people are ignorant of these glaringly obvious problems, and many others mentioned by some of the commenters. An excellent and eye opening article by Mike Whitney, I only wish it could be made into a video game or a movie so that the mental giants that inhabit america with "us" might wake up before it is too late...
February 24, 2007
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a guest said:

I am only 23, living with my parents. As a hard working entrepreneur, I can tell you that my entire life accomplishments and source of income is based on our economy being strong. Once that levy breaks, boy, we need to come to grips with a sobering fact: we are only animals. And animals do not have to worry about the strength of the dollar or the fluctuations in the economy.

We need to eat.
February 24, 2007
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a guest said:

World Passport , World National ID cards arrived! If Americans keep do nothing soon no USA is left?
World Government is issuing world passport and world national ID cards in
absent of Americans. World Passport has office in Washington DC.They print
World Passport which 5 nationals are accept it.http://worldgovernment.org/graphics/passportsm_new.jpg
THE WORLD...universally outgoing, conceptually unbounded, the planet dynamically, synergistically and organically one with itself and the cosmos.

CITIZENSHIP...the restrictive rights and duties within a given social structure.

The two words together seem paradoxical. "You can educate either the citizen or the man," wrote Thoreau. Yet in their union lies the potential success of the human species; in their non-union lies the demise of a fatally flawed creature which could not overcome its self-imposed global anarchy.
Please see the links as well. http://www.infowars.com - http://www.rense.com
http://www.whatreallyhappened.com ----
We know three things make Americans happy- Girls- Dope-and Alchohol. Shadow
Governmemnt of USA knows how to fool Americans like 911 and Iraq invasion.
World WAR 3 is coming soon by May 5 2007? Iran invasion ! We all have limited time to stop this war or we have wait for North American Union and Amero as new money for Mexico -USA- Canada? Also type pretext to North American Union in google video or youtube see it for yourself!Dont be idiots
USA is finished !
February 24, 2007 | url
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a guest said:

The "plan to create" a North American Union in 2010 as a regional government—comprising
North American Union
From SourceWatch
The "plan to create" a North American Union in 2010 as a regional government—comprising a collective government for the United States, Canada, and Mexico—is "directly stated only" in the May 2005 task force report Building a North American Community published by the Council on Foreign Relations (CFR), Jerome Corsi wrote June 26, 2006.

The "blueprint" which President George W. Bush is following to create a North American Union was "laid out" in the May 2005 report, Corsi wrote May 19, 2006. "The CFR report connects the dots between the Bush administration's actual policy on illegal immigration and the drive to create the North American Union."

Bush is "pursuing a globalist agenda to create a North American Union, effectively erasing our borders with both Mexico and Canada," which, Corsi wrote, is "the hidden agenda behind the Bush administration's true open borders policy."

The plan, Corsi wrote, is "contained" in the Security and Prosperity Partnership of North America, "little noticed" by the mainstream media when President Bush, Mexico's President Vicente Fox, and Canadian Prime Minister Paul Martin "created it" March 23, 2005, in a summit held at Waco, Texas.

A North American Union is being created "through a process of governmental regulations" and without ever "having to bring the issue before the American people for a clear referendum or vote," Corsi wrote May 24, 2006.

1 Partnership for Prosperity
2 SPP Working Groups
3 NAFTA Super-Highways
4 Permanent Tribunal
5 Biometric Border Pass
6 North American Emergency Management
7 Bilateral and Trilateral Partnerships and Agreements
8 U.S. Legislation & Executive Orders
9 Testimony, Publications and Reports
10 News Releases
10.1 2001
10.2 2002
10.3 2003
10.4 2004
10.5 2005
10.6 2006
11 Published Works
12 External Links
12.1 General Information
12.2 Websites
12.3 Articles & Commentary
12.3.1 Series of Articles
12.3.2 1990-1999
12.3.3 2000-2004
12.3.4 2005
12.3.5 2006
12.3.6 2007
13 Related SourceWatch Resources
North American Union - SourceWatch
February 24, 2007
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a guest said:

The great depression of the 21st century is coming to a Home near you
Guess what ? American deserved it, they had it coming and will do them good, the only bad part is that the bastards who caused this will become more rich, and will gain more power. The end game is power and domination. Start looking to live overseas, only then will you be free. South America, Certain Eastern European nations.
February 24, 2007
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a guest said:

Nothing changes under the sun.
America the land of the couch potato. On the eve of destruction all will be glued to the screen of oblivion. Just as planned from years of demographic market study. Our lives are used up to those who can sell us out. Escape is only in reruns of gilligans island and American Idol. Shown on plasma screens mounted on walls of the production factories. Our minds filled with I tunes through government mandated I pods. All the while selling us a version of security and promise of a future that has disolved, and a debt that can't be paid off. Why doesn't my channel changer work any more?
February 24, 2007
Votes: +0

a guest said:

Annuit Coeptis, Novus Ordo Seclorium. Its on the back of a 1 dollar bill. It means "our enterprise is a succuss or crowned with success(annuit coeptis)" "new order of the world(novus ordo seclorium" Does America have the same will as those bostonians pitching their tea into the harbor or has the face of America changed? Instead of being the home of the brave, its the land of whomever. The powers that be have weakened us. "for we wrestle not against flesh and blood, but against powers of darkness,.....against wickedness in high places" The video link above says it all, watch it!
February 24, 2007 | url
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a guest said:

North American elite plotted 'evolution by stealth'

By Aaron Paton
Banff Crag & Canyon staff

Documents from a secret meeting held at the Fairmont Banff Springs
Hotel were released recently through the United States Freedom of
Information Act.
High-level politicians and business elite from Canada, the United
States and Mexico discussed whether openness about their goals or if
continued secrecy called "evolution by stealth" better suited their
plans for strengthening border infrastructure.
That's according to official minutes taken during a closed-door
conference held at the Springs.
The reference to secrecy supports the suspicions of former Green Party
candidate and Banff resident Chris Foote, who blew the whistle on the
event. He organized a protest more than a week after the September
meeting in front of the Springs, stating that he had been denied his
right to protest because the meeting was not announced to the public.
"Basically this is taking power away from the people and putting it
into corporate hands," Foote said.
Upon reading the released documents, he added that governments in
North America must become more transparent.
The issue, he said, is that North Americans should know that their
leaders are talking about "blurring the lines" of borders "until they
are meaningless."
The 2006 North American Forum, entitled Continental Prosperity in the
New Security Environment, was hosted by the Canadian Council of Chief
Executives with help from the Canada West Foundation at the Springs
from Sept. 12 to14.
Political and business elite from Canada, Mexico and the United States
met at the Springs to discuss forming deeper military and economic
ties. Discussions also touched on integrating energy supply, reducing
carbon emissions and closing the income gap between Mexico and the
U.S. and Canada.
According to released documents, attendees included Alberta Energy
Minister Greg Melchin, Public Safety Minister Stockwell Day, former
deputy Prime Minister John Manley, Council of Canadians CEO Thomas
d'Aquino, Chairman of the US Joint Chiefs of Staff General Peter Pace,
and Commander of US Northern Command Admiral Timothy Keating.
A panel moderated by Manley entitled 'Border Infrastructure and
Continental Prosperity' talked about the need for secrecy:
"To what degree does the concept of North America help/hinder solving
problems between the three countries," the minutes said. "While a
vision is appealing, working on the infrastructure might yield more
benefit and bring more people on board ('evolution by stealth.')"
Minutes from that discussion also said "NAFTA needs reaffirmation and
According to the documents, former Alberta premier Peter Lougheed,
Mexico's former finance minister Pedro Aspe and former U.S. Secretary
of State George Shultz co-chaired the event. In their opening comments
they discussed increased military co-operation and combining
transportation networks across North America. The panel also said,
"governments are weak" in Canada, the U.S. and Mexico because they are
set up to focus on issues and priorities other than energy. The
minutes also said that governments are unable to properly address
energy issues like electricity. The co-chairs also discussed how to
use public concern over global warming to push an agenda of North
American integration, describing it as "an issue ripe for a North
American integrated approach."
"When (the) economy is strong public interest is strong in
environmental issues however when weak people are willing to make
tradeoffs," the minutes said.
Well-known writer and former political candidate Mel Hurtig posted
knowledge of the event on www.vivelecanada.ca in September, sparking
public interest and media attention.
"If I was concerned before when I read the initial documents about
those who were planning to attend I am infinitely concerned now,"
Hurtig said. "What we're looking at is an elite that is getting
together to try and get an agenda for the political economy for the
three North American countries. They obviously regard governments as
being weak and they have strength to make a very determined effort to
dramatically alter the direction of the three countries in the future,
essentially by bypassing government initially and then putting into
place a series of policies that will very much be of benefit to big
He added that the "name of the game" for those who attended the event
is "number one: integration, and number two: harmonization."
"It's a very scary scenario and they are obviously very well-funded.
They don't want you to know about it and that should set off warning
bells for the populace of this country.
"Here's a high-powered group of people getting together. and they're
not interested in letting the public know what they're doing even
though what they're doing is of such enormous importance."
Very little information has been released from the Canadian Government
on the North American Forum. The Council of Canadians media officer
Meera Karunananthan said that the North American Forum involves many
of the same players as the Security Prosperity Partnership. In March
2005, Paul Martin, George W. Bush and Vicente Fox met in Waco Texas to
ratify the SPP of North America.
Like the North American Forum, Karunananthan said the main criticism
of the SPP is that it has given corporations unprecedented power and
the public has been left out of the debate.
Melisa Laclerc, director of communication for Public Safety Minister
Stockwell Day said that the SPP expresses a commitment to work
together with the U.S. and Mexico to build a safer, more secure and
economically dynamic North America.
"International cooperation in intelligence, border management, law
enforcement, and transportation security is helping to reduce criminal
activity and terrorist risks, thereby making our country more secure
and our communities safer, facilitating legitimate trade and travel,
and protecting our quality of life," she said. "By enhancing
cooperation across sectors (e.g., transportation, clean energy), the
SPP helps ensure that North America remains the most economically
dynamic region in an increasingly competitive world.
U.S. interest group Judicial Watch from United States Northern Command
recently obtained minutes, transcripts, meetings, agendas, notes, hand
outs and presentations. They were for Admiral Timothy Keating,
political advisor to Commander, US Northcom Deborah Bolton, and
director of plans, policy an strategy to Norad-Northcom, Mark
According to the documents obtained by Judicial Watch the next North
American Forum will be held in Puerto Vallarta from October 12 to 14,
Judicial Watch has a similar FOIA request pending for information on
former U.S. Defence Secretary Donald Rumsfeld's involvement in the
Lougheed and Roger Gibbons, president of the Canada West Foundation
could not be reached for comment.The only journalist to cover the
event, Mary O'Grady from the Wall Street Journal did not return phone
calls or e-mails.

Mel Hurtig thought you should see this. Mel is at (604) 684-8443.

For Immediate Release
Jan 29, 2007 Contact: Press Office
202-646-5188 http://www.prisonplanet.com http://wnd.com http://www.gcnlive.com NO TO NAU
February 24, 2007 | url
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a guest said:

or nearly 40 years has technology been deployed to alter local weather conditions thereby affecting our global weather systems and then by default our climate? These are my thoughts as I observe the skies overhead and wonder who else in the atmospheric sciences community is attempting to quantify—as I am—these now obvious “activities.”
It is also possible that if one takes the broadest view of history—the past 12,000 years or so-- a conclusion could easily be reached that this EM activity, this knowledge, has been in place for a very long span of time. The increase in intensity over the recent decades is what has captured my attention. Yet despite its obviousness we get more silence from those whom we have entrusted with our safety, security, and personal liberty. Maybe achieving this protection from government simply is not possible. History has always shown us that ones security and liberty are always better left to the individual rather than to pass that responsibility on to the State where eventual abuses are a near certainty.This is a good question, and we’ve got a couple of clues.

In the past, these waves have been largely the result of natural events, the creation of natural weather events such as thunderstorms, which are tall, highly electrical rotating magnetic phenomena. Hurricanes, cyclones, and typhoons are all massive, rotating, magnetic entities which radiate waves impacting gravity and therefore time fields as they spin over the ocean. Even today that simple act of rotation impacts the local gravity-time fields.

An additional clue came from William Cohen nearly 10 years ago when he was the United States Secretary of Defense. While speaking at an anti-terrorism conference in Georgia, he made the following statement:

“Others [terrorists] are engaging even in an eco-type of terrorism whereby they can alter the climate, set off earthquakes, volcanoes remotely through the use of electromagnetic waves… So there are plenty of ingenious minds out there that are at work finding ways in which they can wreak terror upon other nations…It's real, and that's the reason why we have to intensify our [counterterrorism] efforts.”
Wow, that is a pretty bold statement from the man in charge of the military of the United States. Too bad the Republicans wanted Monica Lewinski’s blue dress as the lead story that day. Too bad the press let them get their way.
So, through the use of technology and transmitters that rely on super potential theory, these waves can be generated by man at will. The deployment of marking chemtrails now allows for accurate targeting, via GPS, the local generation of these gravity-time anomalies (holes) in the local space-time field. These holes are hard to miss once you know what they look like and begin to actually look for them. For weather purposes, their size varies from just a few meters to several kilometers in diameter.

Clouds are now laced with ionizable salts and powdered metals to reveal the actions of these transmitters in the reaction of the atmosphere to this stimuli.United States Secretary of Defense William Cohen said, back in April of
1997, that there were terrorists who "... are engaging even in an eco-type
of terrorism whereby they can alter the climate, set off earthquakes,
volcanoes remotely through the use of electromagnetic waves..."

In my next book I show that the earth and sky have indeed been turned
into weapons! I am Jerry E. Smith the author of "WEATHER WARFARE: The
Military's Plan to Draft Mother Nature" and "HAARP: The Ultimate Weapon
of the Conspiracy." In these books I lay bare the grim facts behind the
pursuit of technologies that would allow terrorists, military strategists
and "mad scientists" to intentionally wreck the environment -- and the
national and transnational factions that use them.

WEATHER WARFARE is at the printer now and should be in Barnes & Noble,
Borders, and other fine bookstores across the country by the middle of
December 2006. It is a follow-up on my 1998 book about the High-frequency
Active Auroral Research Program (HAARP).

WEATHER WARFARE covers the history of weather modification from the Rain
Makers of the 1890s through the development of cloud seeding in the
middle of the twentieth century to today's seeming ability to steer
hurricanes. It also covers the 2004 Christmas Asian tsunami, the
development of a "tsunami bomb" during World War II and the possibility
of "earthquakes on demand" today.

Addressed at length is the dismal failure of the United Nations treaty
prohibiting the hostile (military) use of environmental modification. I
believe that the refusal of the mainstream scientific community to
believe that terrorists and/or the military are capable of, and currently
engaged in intentional manipulation of the environment skews the data in
the global warming debate. This is of the gravest importance, as the
politics of the 21st century, and possibly our survival as a species,
will turn on how this debate plays out.

Also included is an update on recent developments at HAARP, including its
possible connection to the crash of the Space Shuttle Columbia. Tackling
the chemtrail controversy, this book examines claims that chemicals are
being deliberately injected into our atmosphere. Edward Teller, father of
the hydrogen bomb, proposed putting up a "sunscreen" to save the earth
from global warming -- is someone actually doing it?

Packed with hundreds of quotes from mainstream scientific, military and
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February 24, 2007 | url
Votes: +0

a guest said:

An editorial in the New York Times yesterday pointed out, for those of us who didn't realize it, that the Bush administration had inserted two provisions into last October's defense budget bill that would make it easier to declare martial law in the US. Senators Leahy and Bond have introduced a bill to repeal these changes, and it is important that

voters keep track of this bill and hold their Congresspeople to account on it. Along with several other measures the Bush adminstration has proposed, the introduction of these changes amounts, not to an attack on the Congress and the balance of power, but to a particular and concerted attack on the citizens of the nation. Bush is laying the legal groundwork to repeal even the appearance of democracy. Any senator who does not vote in favor of the Leahy/Bond repeal of these provisions should promptly be recalled by his or her constituents.

That said, and without underestimating the seriousness of these provisions, I have to point out that with this as with other legal maneuvers like the Military Commissions Act, I have to wonder who Bush, Cheney, Rove, etc. think they are governing. Were they planning to spring these things on us? One day, we were supposed to wake up, and martial law would be declared, and we were supposed to actually pay attention to it? Where are they keeping the troops who were going to patrol our neighborhoods? Who was it who was going to disarm the population? Who was their base going to be, when they sought public support for martial law? Who was going to round us up and where were they going to put us?

It is in these sorts of things that the byzantine thinking and strange psychological make-up of the Bushies comes out. Let's say that Bush imagines (with Gonzalez and Cheney) the enhanced joys of bringing the war home. No longer is his command "over there"--it is now "over here". He can go out onto the White House lawn and issue edicts, and then perhaps he can be driven around Washington, or over into Virginia, and watch civilians obey his orders in a way that the Iraqis seem unwilling to do. I am assuming that the purpose of such an exercise would be to renew and intensify the now-diminishing frisson Bush gets from feeling himself the boss of all he surveys. But we all know it would not work. Very few people believe Bush or take his needs and desires seriously any more. Bush, or his keepers, know this, too, or they would not have introduced these provisions secretly. There was a time, when the nation was in a panic, when he could purloin things openly, and no one dared defy him. That was the appropriate occasion for these martial law changes. Now, or even last fall, was not that time. The Republicans must have suspected that to make such provisions known would have meant jeopardizing an iffy mid-term election even more than it already was, so they hid them. But the fact that they hid them makes them a hundred times more suspect--are the Bushies planning a coup after all?

And if they are planning a coup, what's the goal? Who is going to fall in line? Arnold Schwarzenegger, my very own governor? Chet Culver? Kathleen Sebelius? Eliot Spitzer? Since the US is a corporatocracy, would we then all be forced to work for $2.00 per hour? Give up all workplace benefits? Attend the religious services of our choice on Sunday? Devote even more of our tax dollars to the war machine and the oil machine? Haven't they taken everything already? Try as I might, I cannot imagine martial law in the US, except as something the population would agree to under threat from...from whom? Correct me if I am wrong (I know you will), but the last time martial law was declared was during the Civil War, and Americans, though the threats to the Union were profound and omnipresent, didn't like it then. I can't even imagine what would happen now.

Our armed forces can't subdue Iraq. I can't imagine that Bush thinks they could subdue New England or the West Coast, much less the whole US. To imagine himself commanding such a thing seems like magical thinking at its most obvious. So, what would you did if Bush declared martial law, laugh?
February 24, 2007 | url
Votes: +0

a guest said:

To be wise
Is it wise to liquidate (have a lot of cash)?
February 24, 2007
Votes: +0

a guest said:

February 24, 2007 | url
Votes: +0

a guest said:

wow. Good landcaretaker Mike Whitney.

Mr. Whitney,
Yuze a good hired hand, Mike.
Yuze a good landscaper, Mike.
Yuze a good irrigation land manager. thanks. You need a hoe?
Yuze a good thirsty and stinky some kinda farmhand, not lazy. I retain you.
February 24, 2007 | url
Votes: +0

a guest said:

There has to something positive in the lessons coming ahead
There is a lot of misinformation by the media by now we all know that, if we espect bad things to happen and prepare for the worst in a sense bad thing will be already happening to those who synchronize themselves to that frequency of reality. Well and if what is coming is so huge and bad and there is nothing we can do then what should we worry about the inevitable then. Good or bad is what we make of every moment that passes as we create our own realities, WE have the gift to create our own reality, try it you will be amazed at the results, I am. Every thing I read here is happening and most likely will as economy and finance do have a body of existence and a way of manifesting, they will do what they have to do (well, we made it do). We have to make harsh choices to see this times through, and the evil doers, they will have their own realities to deal with in that regard the 3d system works well for all. Tune your antenna to the best dial you have learned to tune into and live without fear.
February 24, 2007
Votes: +0

a guest said:

stop proselytizing and speak from conscience not from rote memorization
everyone here is obviously informed and educated of the no-doubt downward spiral in which this country is headed -- so we splash around and troll message boards and ask each other what to do, what can one man possibly do?

any day now we could have another false flag event or simply another 'natural' disaster that the army corps neglected to address and we may find ourselves living in a blatantly militarized economy (more so anyway), where you will wake up and go to work and on the way there see soldiers armed with assault weapons waving you through traffic and you will have to sit at your desk for the next 8-9 hours and tell yourself you are working for your family and you are doing what is only right and honorable.

but the day of reckoning that so many of history's texts warn of has already dawned not just here but throughout the world -- we see the one world govt taking form in the eu/african union/soon to be north american union, we see economies pillaged and subverted for the profit of elitists, leaders both here and abroad calling themselves saviors vowing to shake the system yet asking for permission of that same system to make those fatal changes -- truth has its season too, and the truth is this:

our lives' ambitions the struggle to achieve significance and meaning has rung hollow to this point, for if you are reading this board you obviously have at least demonstrated some conscience for humanity despite your individual accomplishments. the time for profit and whatever it is we were told money is, that time is ending. we are on the precipice of a worldwide transformation of ethos, of man's will to live a different life.

yes perhaps as einstein said WWIV will be fought with sticks and stones, but it is time to confront ourselves first and ask what life have we pursued and at what cost? and ultimately: are we willing to acknowledge even the most intelligent among of us have been duped?
February 24, 2007 | url
Votes: +0

a guest said:

Doom and Gloom crap
In wealthy areas such as coastal california, housing prices are UP over the last 12 months. And there's a 12% increase in prices projected for this year. Flyover territory in the US (ie. everywhere aside from CA and NY) is getting poorer, but so what? London, NY, LA etc. are going to become global epicenters of wealth. This fearmongering just keeps blue collar spirits up by making them think that hard times are coming for all. Hate to burst the bubble, but this is about the eradication of the middle class (the most of which is falling into the working class category.) Someone's got to pick the fruit.
February 24, 2007
Votes: +0

a guest said:

RE: There has to something positive in the lessons coming ahead
Thank you.
February 24, 2007
Votes: +0

a guest said:

well deserved
The coming "Housing Bubble" is due just because too many people wanted to make large amounts of "money" without actually earning or producing.So many jumped in headfirst to the market that did not belong.There are plenty of "builders " that have never apprenticed in the trades or even swung a hammer.All that was necessary was a fat easy loan and a cellphone.Greed has shaded all vision of personal and national consequence.Maybe,hopefully, the outcome will only effect the borrowing speculators that signed their necks over and not the hardworking non-debted,live within their means,pay as they go Americans.For those that didn't go finance their grandkids for new cars,houses that cover football fields, and maxed out plastic may stand tall and reap a reward from their foresight and exercised caution.I say this in hope that those that worked hard and saved a little all the time,living within their means,don't pay the price for the uncontrolled greed of the so many that did not.That is something that should have concerned and angered "true Conservative"(not republican version) Americans way back,the knowledge that our fellow citizen's and leader's greed/corruption and the feds wild lending leading us all to a train wreck over a huge cliff.But we were too busy with....All three of us...
February 24, 2007 | url
Votes: +0

a guest said:

a guest: times are and will be getting worse and worse until our Lord and Savior Jesus Christ returns.
If need be, force yourselves to study the Bible, follow Jesus Christ to the very best of your abilities, and love God with all your heart soul and mind. May you receive more and more of God's mercy, peace, and love. Your brother in Christ, Darrell
February 24, 2007
Votes: +0

a guest said:

At large, the American people are still unaware of the issuance of the Real ID card forthcoming in May of 2008. This new national/international ID card, and its interactivity with national/international databases, can access our medical, financial, driving, Social Security, license(s), firearms registrations, and political status inside its high tech/little nano brain. In essence, it holds our private lives on a swipe-able card that is then privy to any organization, retailer, or person requesting our identification or our money. In other words, our life histories accessible upon command from one 2X3 inch card.

Having no choice but to comply, most American people will accept their new national/international ID card. It is my understanding that without the card, we will be denied bank accounts in the United States of America, a driver's license, and the right to fly on airplanes unless we have been issued a Real ID card. One might imagine that global retailers might require the Real ID to purchase food and gasoline. Take a look at your current driver's license. Check the expiration date. 2008 would be a good global guess.

For those of us who have seen United Nations military vehicles in the United States, and who have also noticed convoys of military tanks being transported through the wilderness areas of our nation – the same areas that have been locked down and away from the American people via Biosphere Reserves and conservation corridors - we have realized for a great many years that, as one patriot stated, the “stage was being set” for difficult times on American soil – the key issue that mass media ignores at its professional finest. So, with stages being set, one must also look to the timing of the Real ID card, and to 2008 in general. Let us not forget all the other paramilitary systems in our nation, like the Department of Homeland Security, FEMA, Citizens Corp groups, Neighborhood Watch groups, C.O.P.S. (Community Oriented Policing Services), the militarizing of law enforcement departments, and the many new for-hire corporations that offer private armies with weapons for a price. And then, of course, there are the U.N. peacekeeping forces, which the American military has been actively involved with for many, many decades while, simultaneously and incrementally, our “leaders” have been closing our homeland military bases during these same decades.

The professional timing of the Real ID card in 2008, and its mandatory issuance, brings to mind several forthcoming coincidences and issues. The collecting and databasing of all personal information of every American adult – coinciding with the CFR's North American Community – and all global government infrastructures in place and play, one must consider the following:

• How are “domestic terrorists” determined and identified?

• Who will be held in the Civilian Labor Camps on American soil?

• What is the real issue behind the “identity theft” propaganda?

• Why are the off-limits American wilderness areas crawling with secret military operations?

• And why the mandatory issuance of an ID card that sums up every American citizen with one swipe?

One cannot help but to almost laugh when it comes to considering how directly global intentions rest beneath our noses. So easy to see, yet so blindly the public goes about its merry and dull way. On that note, the Real ID card will ultimately seal your fate. You will be a compliant and completely identifiable slave to the New World Order, or you will be its enemy – and your Real ID will determine which global creature you shall be.

Therefore, America, let us not in-fight. The fact of our demise as free people exists no matter whose research is right or wrong. The stage is, in fact, being set for our nation's conquering. The Democrats and Republicans have seen to this fact and have worked steadfastly to raise their one-world government. They knew from the beginning that people with property, firearms, and rights were their primary problems, or in other words, the people of the United States of America and other westernized nations. Our “leadership” is not what they seem.

The public acceptance of the Real ID in May of 2008 seals the deal. It will be more than interesting to see which of our friends, neighbors, and family members will willingly sign onto their fate as new “citizens” of the global police state. Just keep telling yourselves that you voted them into office. So did I. As such, we have a lot of soul searching to do and very, very little time – about 21 months. Are we going to continue to allow our “representatives” to march off with this nation and our Constitutional freedom, or are we going to unite and reclaim OUR nation? Ignorance is never bliss. It is abject slavery, and this time, the enslavement is backed by a system far greater than concepts or perceived notions of freedom. It's past time to do more than wave flags, wear patriotic tee shirts, hats, and pins. It's time to serve through action and duty to this nation. Start an A.C.E. (Americans for Constitutional Enforcement) chapter in your neighborhood NOW. Request an information packet (contactus@a4ce.org) and create your local chapter. It's YOUR job and Constitutional duty to save our nation and to preserve freedom. We have been betrayed. For the sake of your children, open your eyes and act. The only potential answer is to UNITE for freedom and to command that freedom with one voice. Then, as a nation UNITED in knowledge, we can rid ourselves of our “representative” globalists. Now, please stop the bickering and bitching, especially of the partisanship flavor, and get to WORK. Global government is non-partisan minus the master-slave divide.

You may also request a mailed copy of the A.C.E. Information Packet by sending $10.00 to A.C.E., P.O. Box 293, Iron Mountain, MI 49801.
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February 24, 2007 | url
Votes: +0

a guest said:

WW2 ret vet Johnno
Methinks you are all wrong. The western governments are frightened of the increasing world population and the inability to produce suffient food plus the effects of Global warming. The main ambitions are to start wars and cull the world population to about a total of about three billion persons. So easy to achieve using these modern nuclear weapons which you,the population are building for your own destruction This will solve all the present problems.
February 24, 2007 | url
Votes: +0

a guest said:

Some perspective re: the 11 billion figure for net sales by foreigners: since Jan '05, inflow has been about 240 billion. Outflow has been just over 13 billion during that same time span.

Looking over the data since 1997, not much correlation between buying/selling and market bottoms or tops.
February 24, 2007
Votes: +0

a guest said:

J. C. L. 3
None of these events were ever likely to happen until the Federal Reserve system came into being. Before it did the people in this country used real money (i.e. gold, silver, and copper coins or paper currency that would buy the equivalent of these) and inflation did not really exist for the most part. I am sure that everyone here knows that inflation is just the government press printing all the currency that it needs to "pay" for what it buys, and the intent is to rob us. You can be sure that everything that is happening has been planned. Next I believe the government will find some reason to relieve the population of its supply of gold (perhaps other precious metals as well) just as in 1933. If you read the history of that occurance, you will remember that people were given $20 per ounce and just as soon as they thought that they had most of the gold, the price for the metal was set as $32 per ounce. Unfortunately, we are to blame for these problems as we voted these crooks into office either by casting a vote for them, or by sitting as home and doing nothing.
February 25, 2007
Votes: +0

a guest said:

Gen X gets the shaft .........
Everyone wants to smack-talk about the younger generations "not having a work ethic" ...... Well gee , they watched thier parents work thier fingers to the bone and have nothing to retire off of and are being offered $6.50 a hour to work while paying $1200 a month to rent a apartment .

You wonder why they are living at home ?
You wonder why they don't want to work ?
Knock down 40 hours a week just to pay your rent and eat beans .........
February 25, 2007
Votes: +0

a guest said:

maybe but
WW2 ret vet Johnno is probably right on mostly except they have much more advanced methods such as aerosal bioweapons/electromagnetics than nukes and but the rest will live in NWO none the less.It would seem that there would be a humane way through education of lowering populations if the fact of overpopulation and earth sustainability issues were true.So I guess that makes this religious?
February 25, 2007 | url
Votes: +0

a guest said:

February 25, 2007 | url
Votes: +0

a guest said:

who needs an excuse?
'False Flat op' or national disaster is not even necessary.

In another forum on this topic, someone said, "It would not happen because it's not legal." Could such a person have been asleep for the past few years of the unconstitution excesses of the American government?

There were also comments about the logistics: not enough people to handle nationwide martial law. But maybe, all that's needed is a show of force in one region, say the Pacific Northwest. Who knows. No valid excuse to be in Iraq but we are there. Et bloody cetera.

Anyway, if it's warm bodies needed, simple enough to round up some of the 11 million illegal aliens: sign this paper, finish your term of enlistment and you will have full citizenship. Incentive -- and the promise of a job after, when untold numbers of Americans are in the Civilian Interment camps already on hand.

Btw, could some please explain why an unbacked Amero would be better than an unbacked Federal Reserve dollar? Yeah, I saw the 10 cents on a dollar formula -- that doesn't even come close to the U.S. national debt clock figure, which is IFFY at best. As for gold, does the U.S. even have any, these days?

Another random point: many people seem to assume the Chinese would never rock the boat economically. But in our present state of commerce, they're mainly making 'toys for yuppies' and could turn their manufacturing to more productive means, internally and for what remains of the world market. They'd never miss U.S. consumerism.

[ta, from the land of oz]
February 25, 2007
Votes: +0

a guest said:

Good luck with that whole Bible thing.
If people had been following God's rules, and refused to borrow money at interest over the 1/100th part, refused to take out adjustable rate loans (usury), none of this would ever have happened. Appealing to Jesus to save you from the results of your disobedience is not going to be an effective strategy for most people, since they're still busy disobeying the Torah every day while they're asking.
February 25, 2007
Votes: +0

a guest said:

By Jerome R. Corsi
© 2007 WorldNetDaily.com


One hundred Mexican trucking companies will have unlimited access to U.S. roads to haul international cargo as part of a year-long pilot program, the Department of Transportation announced today

In return, 100 U.S. trucking companies will be allowed to operate in Mexico but at a later date.

Calling for congressional hearings, Teamsters General President Jimmy Hoffa compared the announcement to the "Dubai Ports debacle," charging President Bush is "playing a game of Russian roulette on America's highways."

As WND previously reported, the Teamsters Union has strongly protested the opening up of U.S. highways to Mexican trucks, citing safety concerns.
A spokesman for Sen. Patty Murray, D-Wash., chairman of the Senate Appropriations Subcommittee on Transportation, Housing and Urban Development and Related Agencies, told WND the senator plans to hold hearings March 8 on the DOT pilot program.

A statement from Murray's office said she wants "to find out if the administration has really met the safety requirements that the law and the American people demand before long-haul Mexican trucks can travel across all our highways."

A spokeman from the office of Rep. James Oberstar, D-Minn., chairman of the House Committee on Transportation and Infrastructure, told WND hearings will most likely be held by Subcommittee on Highways and Transit, chaired by Rep. Peter DeFazio, D-Ore.

Both Oberstar and DeFazio are traveling today and a spokesman from Oberstar's office said the lawmakers have not had a chance yet to confer, so no hearings have yet been scheduled.

Oberstar and DeFazio have posted statements on the homepage of the House Transportation and Infrastructure raising questions about DOT's proposed Mexican truck pilot program.

Todd Spencer, spokesman for the Owner-Operator Independent Drivers Association, told WND that "to reach a conclusion that the safety regime in Mexico is compatible in any way, shape, or form with what we have here in the U.S. is ignoring reality. Mexico has never had hours-in-service regulations or drug testing of drivers. We still can't verify the accuracy of somebody's Commercial Driver’s License in Mexico for safety or compliance."

Spencer stressed the decision is not just a border decision.

"Once Mexican trucks are in the United States on this pilot program, they can operate everywhere in the U.S.," Spencer told WND. "If some state highway policeman in Vermont or Iowa stops a Mexican commercial truck in their state, they have absolutely no idea of deciding if that vehicle is in compliance with federal safety requirements. Who's going to provide the training or the equipment for state police to verify the legality of a commercial truck from Mexico, in terms of its cargo, its haul, its log book, or even the driver? Local police aren't going to have a clue."

Hoffa cited Mexico's inability to satisfy the DOT Inspector General's requirements for safety that have been mandated to the Federal Motor Carrier Safety Administration, or FMCSA.

WND previously reported applications of some 678 Mexican motor carriers seeking long-haul authority to operate about 4,000 vehicles was being held up pending the completed DOT Inspector General's review of proposed FMCSA rules regarding safety reviews for Mexican trucks seeking to operate in the U.S., including rules for on-site safety inspections in Mexico.

The DOT spokesman also affirmed to WND the FMCSA has now drafted regulations that the DOT Inspector General has accepted, after an audit of the enforcement mechanisms and regulations the FMCSA created.

The Teamsters Union posed to WND a series of "unanswered questions," including:

Will the drivers be checked against the terror watch list, or will our borders be open to anyone with a Mexican driver's license?

Will the drivers be required to carry a Mexican passport as U.S. citizens are required to present their passports when entering the country from Mexico?

Will all U.S. standards be applied to Mexican drivers, including the requirement that U.S. drivers undergo regular physicals and meet minimum age requirements?

Will Mexican truck drivers participating in the pilot program be required to undergo drug and alcohol testing in U.S. labs? Who will oversee the collection of random samples for drug and alcohol testing of the Mexican drivers while they are in the U.S.?

Will U.S. wage and hour laws be enforced for Mexican drivers during the pilot program? How will DOT enforce hours of service rules and prevent false log books and fatigued drivers from entering the U.S.?

How can DOT assure the U.S. public that all trucks will be inspected by U.S. officials in Mexico and at the U.S. border when fewer that 10 percent of all Mexican trucks entering the commercial zone are inspected today?

According to a DOT spokesman, the pilot program "is predicated on the notion that Mexican trucks operating in the U.S. under the pilot program will operate pursuant to every single requirement that pertains to U.S. trucks operating in the United States, including both safety and security requirements on both the state and federal level."

DOT has increased its inspection staff by some 270 inspectors to implement the program. Still, DOT plans to continue the on-site inspection activities in Mexico that were announced by DOT Secretary Mary Peters earlier this week in Monterrey, Mexico.

The DOT spokesman confirmed there is no limit to the number of trucks the 100 Mexican trucking companies can operate in the United States. There is no restriction on the roads within the United States that the Mexican trucks can travel once they are admitted in the pilot program at the border.

The Mexican trucks, however, will be limited to carrying international cargo, in that they will be prohibited from stopping at one point in the U.S. destined for another point within the country.

On their return home, Mexican trucks, however, will be allowed to pick up in U.S. cargo originating in the U.S. destined for delivery back to Mexico.

While in the U.S., the Mexican drivers will operate under U.S. rules and regulations, including those controlling hours of time allowed at the wheel without a break.

The DOT spokesman specified that under agreements with Mexico already in effect, Mexican and U.S. commercial driver's licenses will be consider equivalent during the pilot program.

Mexican trucks operating in the United States will be required to have U.S. insurance coverage for all liabilities, including traffic accidents.

"The intent is for the Mexican trucking operations in the U.S. to be indistinguishable from U.S. trucking operations," the DOT spokesperson affirmed, "except that the driver and the truck began their trip in Mexico."

If you would like to sound off on this issue, participate in today's WND Poll.
February 25, 2007 | url
Votes: +0

a guest said:

Government Spending is the Problem

You dear reader could give your whole paycheck to Congress and they still would not have enouth. Congress is profligate and spend-thrift. According to Alexander Paris' Book "The Coming Credit Collapse" written in the 70's detailed our plight. His theory, Austrian based, is since the passing of "The Employment Act of 1946", Congress took it upon themselves to intervene in the Private Sector. They didn't want the economy to fall to such low levels as experienced in the great depression. Regardless of their motive, since 1946 the government has increased the expansion of money and credit creation at an accelerating rate to finance their intervention into the Private Sector. The consequences of this intervention are: Inflation, deficient liquidity (in the banking system, non-financial corporations and the consumer), volatility in the money and credit markets, just to name a few. The main culprit is government spending:

"Deficit spending in recent years has accelerated drastically and budget surpluses have become rare. The budget is becoming increasingly uncontrollable as government spending has developed its own internal momentum. New programs are expected for every social or economic need, and old programs neither die nor fade away but grow far beyond the original intent. Fiscal disipline has completely disappeared and over half of every dollar is spent by the government. Since growth in the economy has always come as a result of private risk-taking, the rapidly growing encroachment of the government sector, and the declining private incentives this implies, contains the seeds of its own destruction." - The Coming Credit Collapse", by Alexander Paris, update 1980 edition.

Obviously, nothing has changed since the writing of this book, the government has not changed its spots and money and credit creation still grow at excellerating rates. "They day of the Balance Sheet is coming, when survival will take precedence over growth."

Note: This is not hidden history, just the identifiable and measurable economic effects of incompetent government. Hidden history would suggest Congress is a side show and the action is in the main tent, the pupet masters, the international banking cabal.

February 25, 2007
Votes: +0

a guest said:

Very dumb
Market Myth: Worst Economy Since The Great Depression?
by James K. Glassman (September 2, 2004)

To hear John Kerry tell it, America is mired today in the worst economy since the Great Depression. How dumb does he think voters are?

George W. 4 more years

February 25, 2007
Votes: +0

a guest said:

The elite continue to trample the middle class
Today's Economy
John J. Sweeney
AFL-CIO President
February 2003

Our Economy Is in a Crisis and Needs a Boost Now (0:59)
Our economy is in big trouble and millions of American families are hurting. Job loss and unemployment is at an all-time high. Unfortunately, neither President Bush nor Congress has done anything to respond to the employment crisis. In fact, since the Bush inauguration, America has lost 1.5 million jobs. Compounding the employment crisis, more Americans are losing health care coverage and states are struggling to fill record budget gaps. We need to jump start our economy to help working families who are bearing the brunt of the economic crisis. Now is the time for President Bush and Congress to do the right thing and put workers and their families first.

President Bush's Economic Plan Favors the Rich (0:59)
President Bush's economic plan does not help the average American family, but instead favors the very wealthiest Americans. The centerpiece of Bush's plan will be an end to taxes on dividends. Taxpayers with incomes in excess of $300,000—the top 1 percent—would benefit from the tax cut by as much as $7,000. On average, workers with incomes below $50,000 would receive a tax credit of only $76 or less. So when the president says he expects "class warfare" from those who oppose his proposals to give breaks to the very wealthiest taxpayers, he apparently is hoping to deflect attention from the true beneficiaries of his plan. Under the guise of stimulating the economy, President Bush is once again trying to pass off another tax break for the rich, while more than 1 million Americans are jobless, cannot afford health care and have lost their unemployment insurance benefits.

Unemployed Workers Need Help Now (0:37)
America's workers and the American economy need a plan that includes renewal and extension of emergency unemployment insurance benefits, tax relief for low- and moderate-income individuals, targeted spending and a higher minimum wage that will boost the economy. We need a recovery plan that creates jobs that pay well and provide good benefits.

Unions Call for an Economic Recovery Plan for All, Not Just for Some (1:49)
Union leaders are calling on lawmakers and President Bush to enact an agenda that creates jobs and lifts the economy for all, not just for some. Working families have taken a beating for the 22 months since the official start of the 2001-2002 recession. Layoffs are mounting and as the unemployment rate rises, urgently needed new jobs are nowhere in sight and good health care is under siege. Our five-point plan is the fairest and most effect way to reverse 22 months of layoffs and decline and restore vitality to the American economy:

Extend emergency unemployment benefits;
Provide rebates to low-income and moderate-income Americans;
Provide financial help to the states;
Invest in infrastructure (building and repairing schools, roads, bridges); and
Increase the minimum wage.

America's Working Families Need Real Solutions (1:31)
President Bush's economic plan favors the rich and leaves the average American families behind. Before we give away more tax dollars to corporations and the well-to-do, we must invest in creating jobs and improving the living standards, health care and retirement security of America's working families. We cannot afford the approach advocated by the president and Republican leaders in Congress who are pushing for more hefty tax giveaways instead of a program that benefits all Americans. This high-cost and risky approach—giving tax breaks to investors and businesses and making the 2001 tax cut permanent—will choke off resources needed to meet the needs of American families.

February 25, 2007
Votes: +0

a guest said:

President signs bankruptcy bill

What you should know about a new law that will make it tougher for consumers to clear their debts.
April 20, 2005: 3:24 PM EDT
By Jeanne Sahadi, CNN/Money senior writer

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NEW YORK (CNN/Money) – President Bush on Wednesday signed into law a bankruptcy reform bill that will make it harder for individuals to clear their debts through bankruptcy.

But consumer advocates argue that the new law is a gift to creditors – particularly the credit card industry, which may receive $1 billion or more from repayment plans due to the expected increase in Chapter 13 filings, according to Robert McKinley, CEO of CardWeb.com.

February 25, 2007
Votes: +0

a guest said:

Satan is currently the "god" of this world; he is the highest ranking evil spirit being. The devil has authority over the fallen angels and the demons
Satan now roams the earth looking for those whom he can prey upon:

I PETER 5:8 Be self-controlled and alert. Your enemy the devil prowls around like a roaring lion looking for someone to devour. (NIV)
Paul tells us how to avoid becoming the prey of Satan:

EPHESIANS 6:10 Finally, my brethren, be strong in the Lord and in the power of His might. 11 Put on the whole armor of God, that you may be able to stand against the wiles of the devil. 12 For we do not wrestle against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this age, against spiritual hosts of wickedness in the heavenly places. 13 Therefore take up the whole armor of God, that you may be able to withstand in the evil day, and having done all, to stand. 14 Stand therefore, having girded your waist with truth, having put on the breastplate of righteousness, 15 and having shod your feet with the preparation of the gospel of peace; 16 above all, taking the shield of faith with which you will be able to quench all the fiery darts of the wicked one. 17 And take the helmet of salvation, and the sword of the Spirit, which is the word of God; (NKJV)
James also gives believers advice on thwarting the devil's schemes:

JAMES 4:7 Therefore submit to God. Resist the devil and he will flee from you. 8 Draw near to God and He will draw near to you. Cleanse your hands, you sinners; and purify your hearts, you double-minded. (NKJV)
Paul, in his second letter to Timothy, speaks of those who have been caught by the devil:

II TIMOTHY 2:24 And a servant of the Lord must not quarrel but be gentle to all, able to teach, patient, 25 in humility correcting those who are in opposition, if God perhaps will grant them repentance, so that they may know the truth, 26 and that they may come to their senses and escape the snare of the devil, having been taken captive by him to do his will. (NKJV)
Now that we've examined Satan's origin and activities, let's look at the final destiny of Satan. What do the Scriptures say will be his ultimate fate? Yeshua briefly mentioned this in his dissertation on the judgment in Matthew 25:

MATTHEW 25:41 "Then He will also say to those on the left hand, 'Depart from Me, you cursed, into the everlasting fire prepared for the devil and his angels: (NKJV)
Revelation 19 describes the battle between the forces of the Antichrist and Yeshua at the end of this age. After the defeat and destruction of "the beast" and "the false prophet," the Bible reveals that Satan himself will be captured and imprisoned for a thousand years:

REVELATION 20:1 Then I saw an angel coming down from heaven, having the key to the bottomless pit [abussou, "Abyss"] and a great chain in his hand. 2 He laid hold of the dragon, that serpent of old, who is the Devil and Satan, and bound him for a thousand years; 3 and he cast him into the bottomless pit [abusson, "Abyss"], and shut him up, and set a seal on him, so that he should deceive the nations no more till the thousand years were finished. But after these things he must be released for a little while. (NKJV)
ISAIAH 24:21 So it will happen in that day, that the LORD will punish the host of heaven on high, and the kings of the earth on earth. 22 They will be gathered together like prisoners in the dungeon, and will be confined in prison; and after many days they will be punished. (NASU)
REVELATION 20:7 And when the thousand years are ended, Satan will be loosed from his prison 8 and will come out to deceive the nations which are at the four corners of the earth, that is, Gog and Magog, to gather them for battle; their number is like the sand of the sea. 9 And they marched up over the broad earth and surrounded the camp of the saints and the beloved city; but fire came down from heaven and consumed them, 10 and the devil who had deceived them was thrown into the lake of fire and sulphur where the beast and the false prophet were, and they will be tormented day and night for ever and ever. (RSV)
Satan's final rebellion against God will be thwarted, and God will finally deal with the devil. The tenth verse of Revelation 20 describes how God handles Satan. Just what does this verse tell us about the fate of the Adversary?

The first part of the answer lies in the Greek word basanisthesontai, translated "tormented" here. Understanding the true meaning of basanisthesontai, which comes from the verb basanizo and the noun basanos, is one of the major keys to accurately interpreting Revelation 20:10.

According to Friberg, basanisthesontai means "strictly, rub upon the touchstone (basanos), a Lydian stone used to test the genuineness of metals; hence, test or make proof of anything . . ."

The history found in the Theological Dictionary of the New Testament of how the meaning of these words evolved over time is very helpful in correctly understanding this verse:

. . . The ??????? [basanos] originally belongs to the calling of the inspector of coins. It is linked with the Heb. root ??? ("to test") . . . ??????? is generally accepted to be a loan word . . . The testing of gold and silver as media of exchange by the proving stone, was first developed by the Babylonians, then came to the Aramaeans and Hebrews by way of Lydia . . . and from them to the Gks. In non-biblical Gk. ??????? is a commercial expression, or is used in relation to government. It then acquires the meaning of the checking of calculations, which develops naturally out of the basic sense of ???????, ?????????? [basanizein] . . . In the spiritual sphere it has the figur. sense, which is closely related to the original concrete meaning, of a means of testing . . .
The word then undergoes a change in meaning. The original sense fades into the background. ??????? now comes to denote "torture" or "the rack," espec. used with slaves . . . ??????? occurs in the sense of "torment" . . .

The change in meaning is best explained if we begin with the object of treatment. If we put men instead of metal or a coin, the stone of testing become torture or the rack. The metal which has survived the testing stone is subjected to harsher treatment. Man is in the same position when severely tested by torture. In the testing of metal an essential role was played by the thought of testing and proving genuineness. The rack is a means of showing the true state of affairs. In its proper sense it is a means of testing and proving, though also of punishment. Finally, even this special meaning was weakened and only the general element of torture remained (pp. 561, 562, vol. I, emphasis mine).

The meaning of Revelation 20:10 is that Satan (and implicitly, all those who haven't submitted to God by the end of the Millennium) will be cast into the lake of fire. There Satan and the wicked will be punished for their rebellion. In addition to punishing, the lake of fire will also test, prove, and refine those in it. However, this process is not "eternal" as we understand the concept.

To verify this, let's look closely at the final phrase "forever and ever." Friberg says that this phrase, translated from the Greek eis tous aionas ton aionon, literally means "into the ages of the ages." The Greek nouns aionas and aionon are plural forms of the Greek aion, which simply means an "eon" or "age." This word refers to an indefinite period of time; however, it does not convey the idea of eternity.

This Greek phrase is used numerous times in the Scriptures (see Gal. 1:5; Phi. 4:20; I Tim. 1:17; II Tim. 4:18; Heb. 13:21; I Pet. 4:11; Rev. 1:6, 18; 4:9, 10; 5:13, 14; 7:12; 10:6; 11:15; 15:7; 19:3; 22:5). Most people assume that this phrase means "eternity"; however, some scholars realize that this connotation was not present in the original Koine ("common") Greek of the New Testament. In his work on the original meanings of aion and aionios, Louis Abbott writes:

The Greek phrase eis tous aionas ton aionon, "for the eons of the eons," occurs about twenty times in the Greek New Testament in this combination. The ASV margin and some other versions, lexicons, dictionaries, and commentaries translate the phrase correctly.
Windet, in De Vita Functora Statu, of 1633 says (p. 170), "eis tous aionas ton aionon, of the New Testament meant a finite period."

At 1 Cor. 15:25, where the Greek text shows, dei gar auton basileuein achri hou the pantas tous echthrous hupo tous podas autou, "For He must be reigning until He should be placing all His enemies under His feet." This clearly states that Christ's reigning is limited. There is no Scripture to contradict the statement when aion and aionios are correctly translated.

Dr. William Barclay concurs in his commentary (p. 166-169) on The Letters to the Corinthians. If the Greek words eis tous aionas ton aionon mean endless time, as translated in the KJV, "forever and ever," we have a contradiction in Scripture, for Rev. 11:15 says, in the same version: "The kingdoms of this world are become the kingdoms of our Lord and His Christ, and He shall reign forever and ever." That contradicts 1 Cor. 15:25, which says: "He must be reigning till . . ." If Rev. 11:15 is translated "eons of the eons," or "ages of the ages," there is no contradiction. The ASV says (1 Cor. 15:24-25), "Then cometh the end, when He shall deliver up the kingdom to God, even the Father; When He shall have abolished all rule and all authority and power. For He must reign till He hath put all His enemies under His feet;" consequently, the reigning of Christ Jesus and the saints (Rev. 22:5) will be "for the eons of the eons" or "for the ages of the ages." (ch. 5, An Analytical Study of Words)

A correct understanding of "into the ages of the ages" shows that Satan, as well as those who worship the "beast" (Rev. 14:11) will be refined in the lake of fire for an indeterminate, probably lengthy, but still finite, amount of time. The use of the phrase "day and night" in Revelation 20:10 also bears this out, since time as we understand it does not exist in eternity.

One final point regarding Satan needs to be addressed. Some believe that God created Satan to be evil and to fulfill a specific purpose here on the earth as the adversary and tempter of mankind. Those who teach this doctrine primarily cite three Scriptures in support of their position: John 8:44, I John 3:8 and Isaiah 45:7. We've already looked at John 8:44 and I John 3:8, so let's now examine Isaiah 45:7:

ISAIAH 45:7 I form the light, and create darkness: I make peace, and create evil [ra']: I the LORD do all these things. (KJV)
On the surface, this verse appears to give a scriptural basis for the belief that God created Satan with an inherently evil nature. However, when we research this passage, a different picture emerges.

The KJV does imply that God was the creator of evil. However, this same version also renders the Hebrew word ra' (translated "evil" in this passage) as "adversity" and "affliction" elsewhere.

If we look at this verse more closely, we can see what YHVH is saying through Isaiah. God is obviously differentiating between two opposites with the first pair of things He mentions ("light" and "dark"). To stay consistent, the second pair of things God lists ("peace," shalom in Hebrew, and "evil") must also be opposites. Yet we know the opposite of evil is good. However, "adversity," another valid translation of ra', is the opposite of shalom, which can mean "prosperity," "safety," and "contentment" in addition to "peace."

Many modern versions translate this phrase more accurately than the KJV, as the following examples show: "I make peace and create calamity" - NKJV; "I make weal and create woe" - RSV; "I make good fortune and create calamity" - Jerusalem Bible; "author alike of prosperity and trouble" - NEB. When translated properly, this verse cannot be used to "prove" that God created Satan to be the evil enemy of mankind.

Yes, Satan did sin from the beginning (John 8:44; I John 3:smilies/cool.gif. But these verses, when correctly understood, do not substantiate the belief that God created Satan evil. This doctrine contradicts the Scripture, which shows that all of God's creation was perfect at first:

GENESIS 1:31 Then God saw everything that He had made, and indeed it was very good. So the evening and the morning were the sixth day. (NKJV)
The Bible gives quite a bit of information about Satan. To understand the truth, all the information has to be pieced together. Satan is currently the "god" of this world; he is the highest ranking evil spirit being. The devil has authority over the fallen angels and the demons. In the end, Christ will return and subjugate all who won't submit to God's authority, including Satan and his angels. Their punishment will be age-lasting destruction and refinement within the lake of fire.

Bryan T. Huie
July 12, 1997
Revised: January 17, 2003

February 25, 2007
Votes: +0

a guest said:

Nowadays nobody admits to doing propaganda but, on the other hand, everybody accuses their opposition of using propaganda.
Deception is the covert manipulation of perception to alter thoughts, feeling, or beliefs.

Deception involves concepts like propaganda, distraction and concealment. Fiction, while sometimes manipulative, is not a deception unless it is portrayed as the whole truth; not to be confused with half-truths.

In many cases it is difficult to distinguish deception from providing unintentionally wrong information. One of the reasons for this is that a person or an entire organization may be self-deceived.

Self-deception is a process of denying or rationalizing away the relevance, significance, or importance of opposing evidence and logical argument.

It has been argued that humans are without exception highly susceptible to self-deception, as everyone has emotional attachments to beliefs, which in some cases may be irrational. Some evolutionary biologists, such as Robert Trivers, have even suggested that, because deception is such an important part of human behaviour (and animal behaviour generally), an instinct for self-deception can give a person a selective advantage: if someone can believe their own "lie" (i.e., their presentation that is biased toward their own self-interest), the theory goes, they will consequently be better able to persuade others of its "truth."

This notion is based on the following logic. In humans, awareness of the fact that one is acting deceptively often leads to tell-tale signs of deception. Therefore, if self-deception enables someone to believe their distortions, they will not present such signs of deception and will therefore appear to be telling the truth.

It may also be argued that the ability to deceive, or self-deceive, is not the selected trait but a by-product of a more primary trait that is selected. Abstract thinking allows many evolutionary advantages such as more flexible, adaptive behaviors and innovation. Since a lie is an abstraction, the mental process of creating a lie can only occur in animals with enough brain complexity to permit abstract thinking.

Indoctrination is instruction in the fundamentals of a system of belief (such as a philosophy or religion).

The National Industrial Security Program Operating Manual defines indoctrination as "the initial security instructions/briefing given a person prior to granting access to classified information." Set within the contexts of religion, this would serve perfectly as a definition of the preparation for receiving esoteric knowledge not generally available to the world-at-large, a preparation that is a prerequisite for initiation into a mystery religion. Compare entries for Gnosticism or Catechism.

At Princeton the Cognitive Science Laboratory's "WordNet 2.0" defines "indoctrination" as "teaching someone to accept doctrines uncritically." [1]. Another serviceable partial definition, drawn from the website of The Henry Wise Wood High School [2] is "To teach systematically partisan ideas— propaganda." This definition opens the most basic difference between indoctrination and education: indoctrination teaches the doctrina that structures a subject, as observed from within, whereas educatio literally "leads out" from a subject, one that is being dispassionately observed from without.

Brainwashing, also known as thought reform or re-education, is defined by Dorland's Medical Dictionary as "any systematic effort aimed at instilling certain attitudes and beliefs in a person against his will, usually beliefs in conflict with his prior beliefs and knowledge."[1] The concept has not been officially accepted by the American Psychological Association, neither has it been officially rejected,[3] but has received more attention from the APA in recent years.[2]

Propaganda is a type of message aimed at influencing the opinions or behavior of people. Often, instead of impartially providing information, propaganda can be deliberately misleading, using logical fallacies, which, while sometimes convincing, are not necessarily valid. Propaganda techniques include: patriotic flag-waving, glittering generalities, intentional vagueness, oversimplification of complex issues, rationalization, introducing unrelated red herring issues, using appealing, simple slogans, stereotyping, testimonials from authority figures or celebrities, unstated assumptions, and encouraging readers or viewers to "jump on the bandwagon" of a particular point of view.

Propaganda was often used to influence opinions and beliefs on religious issues, particularly during the split between the Catholic Church and the Protestants. Propaganda has become more common in political contexts, in particular to refer to certain efforts sponsored by governments, political groups, but also often covert interests. In the early 20th century the term propaganda was also used by the founders of the nascent public relations industry to describe their activities. This usage died out around the time of World War II, as the industry started to avoid the word, given the pejorative connotation it had acquired.

Literally translated from the Latin gerundive as "things which must be disseminated," in some cultures the term is neutral or even positive, while in others the term has acquired a strong negative connotation. The connotations of the term "propaganda" can also vary over time. For example, in Portuguese and some Spanish language speaking countries, particularly in the Southern Cone, the word "propaganda" usually means the most common manipulation of information — "advertising".

In English, "propaganda" was originally a neutral term used to describe the dissemination of information in favor of any given cause. During the 20th century, however, the term acquired a thoroughly negative meaning in western countries, of equalling the intentional dissemination of false, but perhaps "compelling", claims supporting or justifying nefarious political ideologies.

This redefinition arose because both the Soviet Union and Germany's government under Hitler admitted explicitly to using propaganda favoring, respectively, communism and fascism, in all forms of public expression. As these ideologies were antipathetic to liberal western societies, the negative feelings toward them came to be projected into the word "propaganda" itself. Nowadays nobody admits to doing propaganda but, on the other hand, everybody accuses their opposition of using propaganda.

February 25, 2007
Votes: +0

a guest said:


SOME of America’s most senior military commanders are prepared to resign if the White House orders a military strike against Iran, according to highly placed defence and intelligence sources.

Tension in the Gulf region has raised fears that an attack on Iran is becoming increasingly likely before President George Bush leaves office. The Sunday Times has learnt that up to five generals and admirals are willing to resign rather than approve what they consider would be a reckless attack.

“There are four or five generals and admirals we know of who would resign if Bush ordered an attack on Iran,” a source with close ties to British intelligence said. “There is simply no stomach for it in the Pentagon, and a lot of people question whether such an attack would be effective or even possible.”

A British defence source confirmed that there were deep misgivings inside the Pentagon about a military strike. “All the generals are perfectly clear that they don’t have the military capacity to take Iran on in any meaningful fashion. Nobody wants to do it and it would be a matter of conscience for them.

“There are enough people who feel this would be an error of judgment too far for there to be resignations.”

A generals’ revolt on such a scale would be unprecedented. “American generals usually stay and fight until they get fired,” said a Pentagon source. Robert Gates, the defence secretary, has repeatedly warned against striking Iran and is believed to represent the view of his senior commanders.

The threat of a wave of resignations coincided with a warning by Vice-President Dick Cheney that all options, including military action, remained on the table. He was responding to a comment by Tony Blair that it would not “be right to take military action against Iran”.

Iran ignored a United Nations deadline to suspend its uranium enrichment programme last week. President Mahmoud Ahmadinejad insisted that his country “will not withdraw from its nuclear stances even one single step”.

The International Atomic Energy Agency reported that Iran could soon produce enough enriched uranium for two nuclear bombs a year, although Tehran claims its programme is purely for civilian energy purposes.

Nicholas Burns, the top US negotiator, is to meet British, French, German, Chinese and Russian officials in London tomorrow to discuss additional penalties against Iran. But UN diplomats cautioned that further measures would take weeks to agree and would be mild at best.

A second US navy aircraft carrier strike group led by the USS John C Stennis arrived in the Gulf last week, doubling the US presence there. Vice Admiral Patrick Walsh, the commander of the US Fifth Fleet, warned: “The US will take military action if ships are attacked or if countries in the region are targeted or US troops come under direct attack.”

But General Peter Pace, chairman of the joint chiefs of staff, said recently there was “zero chance” of a war with Iran. He played down claims by US intelligence that the Iranian government was responsible for supplying insurgents in Iraq, forcing Bush on the defensive.

Pace’s view was backed up by British intelligence officials who said the extent of the Iranian government’s involvement in activities inside Iraq by a small number of Revolutionary Guards was “far from clear”.

Hillary Mann, the National Security Council’s main Iran expert until 2004, said Pace’s repudiation of the administration’s claims was a sign of grave discontent at the top.

“He is a very serious and a very loyal soldier,” she said. “It is extraordinary for him to have made these comments publicly, and it suggests there are serious problems between the White House, the National Security Council and the Pentagon.”

Mann fears the administration is seeking to provoke Iran into a reaction that could be used as an excuse for an attack. A British official said the US navy was well aware of the risks of confrontation and was being “seriously careful” in the Gulf.

The US air force is regarded as being more willing to attack Iran. General Michael Moseley, the head of the air force, cited Iran as the main likely target for American aircraft at a military conference earlier this month.

According to a report in The New Yorker magazine, the Pentagon has already set up a working group to plan airstrikes on Iran. The panel initially focused on destroying Iran’s nuclear facilities and on regime change but has more recently been instructed to identify targets in Iran that may be involved in supplying or aiding militants in Iraq.

However, army chiefs fear an attack on Iran would backfire on American troops in Iraq and lead to more terrorist attacks, a rise in oil prices and the threat of a regional war.

Britain is concerned that its own troops in Iraq might be drawn into any American conflict with Iran, regardless of whether the government takes part in the attack.

One retired general who participated in the “generals’ revolt” against Donald Rumsfeld’s handling of the Iraq war said he hoped his former colleagues would resign in the event of an order to attack. “We don’t want to take another initiative unless we’ve really thought through the consequences of our strategy,” he warned.
Have your say

If these Generals and Admirals truly exist, it is their duty to speak publicly about their concerns and resign their commissions and if as "Peter Mason, manchester" suggest that the military knows that war does not work, perhaps it is time for the US to disband it's military, let every country fend for themselves and save the taxpayer about $500B a year, which can then be used to teach US citizens how to speak Chinese while we wait for our eastern friends to overpower us. Just a thought.

Tonguein Cheek, Gloucester, USA

I am amused by the anti-American Brits and Canucks who think we are the enemy. If the U.K. and Canada ever get into trouble, again, it will be we, the bloody Yanks who will save their asses. Gosh, they hate that!

Good Buddy, Sioux City, Iowa

Coaupdate, I respect your opinion on "dummies" as I expect you have much first person experience in the arena. I can only assume you are a raging liberal based upon your complete lack of a recommended solution to the current problem; brilliant! I'll try to keep track of all our MISSALS for you (whatever they are). Not impressive...come back once you have graduated 8th grade. Peace out!

Jeffie, WI, USA
February 25, 2007 | url
Votes: +0

a guest said:


Will America Face the Truth About 9/11?

By Mark H. Gaffney

02/24/07 "ICH" -- - -In June 1, 2001 the US Joint Chiefs of Staff issued a new order regarding cases of aircraft piracy, i.e., hijackings. The new order (CJCSI 3610.01A), signed by Vice Admiral S. A. Fry, Director of the Joint Chiefs of Staff, canceled the existing order (CJCSI 3610.01) that had been in effect since July 1997. When I learned about this, recently, I became intrigued. The date of the new order, just three months prior to 9/11, seemed too near that fateful day to be mere coincidence. I should mention that I have always been skeptical of the official 9/11 narrative. The June 2001 order was like a red flag drawing attention to an insistent question: Why did the US military alter its hijack policy a few months before 9/11? Why, indeed?

When I first examined the document, which, by the way, is still posted on the internet, my excitement increased. The order states that when hijackings occur the military’s operational commanders at the pentagon and at the North American Aerospace Command (NORAD) must contact the secretary of defense for approval and further instruction. At that time, of course, this was Donald Rumsfeld. Was the new order, therefore, evidence of a policy change made for the purpose of engineering a stand-down on 9/11? This was plausible, assuming that a group of evildoers within the Bush administration wanted a terrorist plot to succeed for their own twisted reasons. And what might those reasons be? Well, obviously, to create the pretext for a much more aggressive US foreign policy that the American people would not otherwise support. We know, for instance, that the plans to invade Afghanistan were already sitting on President Bush’s desk on 9/11, awaiting his signature.

Did the US military achieve a stand-down on 9/11 by means of an ordinary administrative memo? Several prominent 9/11 investigators had already drawn this conclusion, including Jim Marrs, who is a very capable journalist. Marrs discussed the June 1, 2001 pentagon order in his fine book, The Terror Conspiracy. Filmmaker Dylan Avery is another. He mentioned the order in a similar context in his popular video, Loose Change (Second Edition). A third investigator, Webster Griffin Tarpley, did likewise in his book, 9/11 Synthetic Terror, one of the deepest examinations of 9/11 in print.[ii] Although initially I agreed with their conclusion, after studying the document more closely I found reason to change my mind. Fortunately, the previous July 1997 order is still available for download via the internet.[iii]

Close inspection of the two documents, side by side, shows that the previous order also required notification of the secretary of defense in cases of hijackings. In fact, there was almost no change in the language on this point. Obviously, the basic policy remained in effect, and can be summarized as follows: Although operational commanders have the authority to make decisions of the moment in cases of hijackings, they are also required to notify the secretary of defense, who must be kept in the loop, and who may chose to intervene at any time.

February 26, 2007
Votes: +0

a guest said:

Our nation and the world will never be secure until the conspirators who staged the 9/11 attack are brought to justice.

It’s understandable that many Americans deeply resist the scenario I have just described. Most have a difficult time wrapping their mind around something so big, so shocking, and so evil. To think that a group within our own government would do this to us is almost incomprehensible. But the most frightening thing of all is that it’s not only possible, it’s probable. Adolf Hitler well understood and was perfectly willing to exploit this Achilles heal of society. In Mein Kampf he wrote that “the broad mass of a nation....will more easily fall victim to a big lie than a small one.”[lxix] How strange that a psychopath like Hitler saw so deeply into human nature. Are we not facing a similar phenomenon today in America? None of our countrymen were fooled by Bill Clinton’s trivial lie that he did not inhale a marijuana cigarette, or his denial of sex with Monica Lewinsky. Yet, most of us internalized a vastly bigger lie, without a second thought, the no less transparent 9/11 narrative. Human psychology has changed little. Must history now also repeat and disgorge itself upon us, indeed, on an even greater scale? If Americans fail to confront the truth about 9/11, what is to prevent it?

Our nation and the world will never be secure until the conspirators who staged the 9/11 attack are brought to justice. We must therefore insist that the Democratically controlled Congress immediately launch a new and truly independent 9/11 investigation, one that is non-partisan, adequately funded, and empowered with the authority to subpoena witnesses and evidence. The pentagon security videos and the black boxes, currently being withheld, may hold the answers.

If we have the courage to face the fact that our nation has descended into a swamp of corruption and evil, perhaps we can still salvage the future for ourselves and our children. We should draw strength from the knowledge that the 9/11 nightmare, bad as it was, might have been even worse. So long as freedom lives we can choose to be masters of our fate. In the coming days, let us choose well.

Mark H. Gaffney’s first book, Dimona the Third Temple (1989), was a pioneering study of the Israeli nuclear weapons program. Mark’s latest is Gnostic Secrets of the Naassenes (2004). Mark can be reached for comment at markhgaffney@earthlink.net Visit his web site at

February 26, 2007
Votes: +0

a guest said:

There has to something positive in the lessons coming ahead
"Tune your antenna to the best dial you have learned to tune into and live without fear." Excellent advice from the above poster. I implore all who read this to do the same. Panic, chaos is exactly what the power elite want to see manifested. Fear not. Follow your inner voice. Ignore the reality the power elite want to impose. We have the power to crush them like the worms that they are. These spiritually retarded creatures are forcing us to look inside ourselves- to find ourselves! This is their 'last stand', they have nothing to lose. What they want to impose is not even real! They want us to live fear- OF THEM. Fear not!
February 26, 2007
Votes: +0

a guest said:

Establishment Media Blacklists Nichols' OKC Revelations
Establishment Media Blacklists Nichols' OKC Revelations
Bomb Nichols helped McVeigh build unsophisticated, half size of device described by feds, mainstream press ignores testimony, obsesses instead about Britney Spears shaving her head

Paul Joseph Watson & Alex Jones
Prison Planet
Monday, February 26, 2007

Astounding revelations on behalf of Oklahoma City bombing conspirator Terry Nichols, including Timothy McVeigh's connection to government provocateurs and the fact that the bomb he helped McVeigh build was completely different to the one described by official accounts, have been uniformly ignored by the corporate media as the story enters its sixth day.

The magnitude of the allegations made by Nichols in his declaration have been deliberately undermined by the all but complete ignorance of the mainstream media to report on them. Besides a smattering of initial reports about Nichols fingering an FBI agent as having directed McVeigh in the bombing, the corporate media have completely blacklisted the issue despite the Internet release of Nichols' declaration in PDF format by this website on Friday, courtesy of Attorney Jesse Trentadue.

If Osama bin Laden or one of the other alleged masterminds behind 9/11 publicly accused Dick Cheney as having helped facilitate 9/11, would the media be interested? Why is press coverage so sparse when this testimony fundamentally contradicts the official version of a major chapter in American history? The question answers itself - the establishment is complicit in burying these revelations while Americans are bombarded with 24/7 drivel about Anna Nicole Smith and Britney Spears shaving her head.

The more attention this story receives, the heavier the push will be for Nichols to give video testimony - a development that would likely trigger calls for a completely fresh investigation of the event. Such a scenario would consequently discredit the the official conspiracy theory behind 9/11 which is why the establishment is so eager to see this story disappear.

February 27, 2007
Votes: +0

a guest said:

americans smoke hashish?
americans dont smoke hashish! they smoke POT!
February 27, 2007
Votes: +0

a guest said:

if not a great depression, then there will be a fake terror attack ( or real and done by the gov of course ), then concentration camps or just complete choas.
Wake up people ( and those around you ).....
google nwo.... read....
February 27, 2007
Votes: +0

a guest said:

"For this knowledge, I am pained."
I said that a number of years ago and now, it's more relevant than ever.

I live in Prague, C.R. I've been here for almost five years now and I fully realize what a Communist system can do to a people (it's one of the reasons I came, to see the effects for myself). When your free thought is smashed out of you, when your imagination is whittled away in exchange for collective-formula processes, it's a sad state to be in (think outside of the box? HA!). I know, because I see it on the faces of most Czech citizens every day. And you may think that it would wash itself away after 15 years of 'freedom' but it hasn't and it would take generations, if they're given the chance.

I love my country (America) so much and I have had to put up with a lot, here, for being an American. However, I am very proud of what my country has taught me.. Or maybe it wasn't my country, maybe it was my mom, or my friends. Or maybe what I have learned is a result of MY inclination for moving forward, for curiosities realized, for lessons learned and applied?

Doesn't seem to matter much now. I've chosen my digs and, at least for now, Europe is where I'll stay.

I'd like to come home to California, just one more time, for Christmas. That's be nice, I remember the smell of the kitchen the most..

If I came, it would probably have to be the next one, though I really don't see it happening. Especially after the way I was treated by security on my last visit home..

What happened to our country? I mean, I know what happened and how it happened, but it's just so sick. The mass of the society, the media, 'entertainment', consumerism, the whole thing is so warped, it's hard to get your head around. But not impossible, we can't ever loose the ability to think critically.. Sadly, most have, or they certainly were never taught that (Thanks Mom.).

Note: There's an elephant in your room, he's holding a cattle-prod and he wants to sit with you, on your sofa. He there to make sure you're sucking down the worst that America has to offer via your over-sized tube. Don't offer him your peanuts, he may want to stick around a while..

Move towards the light, always. Andrew
February 27, 2007
Votes: +0

a guest said:

Is this the long-awaited U.S. stock market correction, or is there more pain to come?
Market Snapshot February 27, 2007, 8:48AM EST text size: TT
China Slump Fuels Wall St. Meltdown
The Dow slumped over 500 points at one point before staging a partial recovery. All eyes are on the Asian trading session Wednesday
by Marc Hogan

Is this the long-awaited U.S. stock market correction, or is there more pain to come? Stocks were sharply, broadly lower in heavy trading Tuesday, with major U.S. stock indexes each down over 3%. Bonds soared as investors fled stocks for the less risky confines of the Treasury market.

What sparked the sell-off? A plunge in China's stock exchange rippled across global markets, spurring big declines in bourses worldwide. A disappointing report on U.S. durable goods orders fanned concerns about a slowing economy.

When the dust settled after a session marked by extremely heavy trading volume, the Dow Jones industrial average tumbled 416.02 points, or 3.3%, to 12,216.24, after being down by more than 500 points at one juncture. Each of the 30 member stocks posted losses, with heavy hitters Disney (DIS) and General Motors (GM) each losing over 5%.

The broader Standard & Poor's 500 index dropped 50.33 points, or 3.47%, to 1,399.04. The tech-heavy Nasdaq composite was the biggest percentage loser on the day, slumping 96.65 points, or 3.86%, to 2,407.87.

Losses were accompanied by an enormous jump

in volume on the NYSE and Nasdaq Composite indexes, notes S&P MarketScope, signaling institutions were likely liquidating long positions.

February 28, 2007
Votes: +0

a guest said:

As one-stop shopping becomes the new retail model, specialty stores can no longer compete with multi-national corporations. With employee and growth policies that are fiercely criticized by activist groups, corporations like Wal-Mart and Canadian Tire are setting industry standards.

However, emerging from the dismal landscape of the retail industry is an established and innovative competitor. Hidden behind skyrocketing stacks of bulk merchandise in warehouses across North America, Costco Corporation has been softly trying to introduce new industry standards since 1983.

The company is often lumped together with the rest of the pack when it comes to criticisms of big corporations, who stand accused of threatening local business, providing competitive prices at the cost of quality products and failing to treat their minimum wage workers with respect.

But as much as it burns to speak well of a wholesale-retail colossus, Costco may just be that friendly giant, swooping in to save countless helpless consumers from retail purgatory.

Fewer frills to share the bills

When Washington CEO Magazine did a cover story on Wal-Mart's top competitor, they heaped praise on Costco CEO James Sinegal's business style, calling it a "window into the Costco corporate culture: direct, open, modest, and frugal. There's no pretension here."

Costco is said to operate under two cardinal rules: they never sell anything at a loss, and they never raise their profits on an item above 14 per cent.

They also take care of their employees. A cashier coming in off the street earns a starting hourly wage of $9.50. After four years, that same cashier will make up to $40,000 a year.

Through the mechanism of bulk shopping, and unadorned, warehouse-style stores, Costco is able to keep prices low and revenues high.

Professor Terrance Weatherbee, a business professor at Acadia University, explains that by dispensing with many of the costs associated with classic retail inventory practices, Costco is able to re-direct cash flow to employees, and make fairer deals with suppliers. Cheap floor displays, decreased individual packaging and bulk supplies are what allow Costco to remain competitive and redistribute its wealth to things like employee development, which it maintains as a high priority within the corporation.
March 01, 2007 | url
Votes: +0

a guest said:

Ahmadinejad, our secret agent in Iran
http://www.infowars.net http://www.infowars.com
http://www.rense.com http://www.alexansary.com
Alex Jones has shows on GCNLIVE.COM
ALEXANSARY has TV shows on channel 11 WA and Oregon
also he is on internet live 7pm thursdays.

Could it be that Mahmoud Ahmadinejad is working for us? He is after all doing an excellent job for Israel. This week, while Teheran is divided between pragmatic elements calling to suspend Iran's nuclear program (or at least enter dialog with the US,) and militant elements who are not prepared to make any concessions – militant Ahmadinejad should definitely be supported.

It would be bad news for Israel if the Iranian nuclear program was halted now because international pressure would wane, a new American president would come to power and the smart Iranians would renew the project later on. Fortunately we have Ahmadinejad who insists that his country be isolated and trumpeted as the world's problem child.

Following is a list of Ahmadinejad achievements in less than two years:

Thanks to his defamatory words, he brought the Iranian nuclear issue to the top of the international agenda. If it hadn't been for him, who would have become involved in such a worrisome matter? It should be noted that Ahmadinejad's two predecessors, Presidents Rafsanjani and Khatami, developed nuclear capability but this didn't come to the world's attention. US, Britain and Russia must now ensure that Iran does not achieve nuclear arms.
Ahmadinejad has pitted the US against Iran, while virtually pushing it to take military action against his country. While another aircraft carrier is already stationed along the Iranian coast and the US military is being reinforced in Iraq, a military attack on Iran is no longer a far-fetched scenario.
The Iranian president has lost European support to such an extent that countries such as Germany, France and Britain are insisting on expanding sanctions on Iran. It is hard to comprehend but the British and the French are more at odds with Iran than with the US.
He united the whole world behind Israel due to his foolish denial of the Holocaust. He actually emboldened international support for Israel in wake of his desire to annihilate it. Thus he has managed to make Israel the world's underdog once again after many years. Once again we are David and not Goliath.
By his own doing, Ahmadinejad is building the great Sunni camp against the Shiites and Iran. He has created such immense fears and hostilities in countries such as Saudi Arabia, the Gulf States and even among some Palestinians, that this fear is now uniting them against Iran. This Sunni alliance has the potential to cooperate with Israel in the future.
Due to Iran's Shiite enthusiasm, the rift between Iran and Syria - its only ally - is also growing. The Syrians feel very uncomfortable with the Shiite ambition for hegemony, which could ultimately come at their expense.
The unofficial international economic embargo against Iran is expanding, and is likely to soon become official if the Security Council makes such a decision. This would result in further damage to the already unstable Iranian economy, which is entirely dependent on its oil.
Ahmadinejad is also increasingly losing Russian support. What transpired is not quite clear, but the Russians are currently delaying the shipment of nuclear materials to the plant they themselves helped build in Busher.
Internally Ahmadinejad has also achieved quite a lot by inciting entire sectors within Iran against him and the Ayatollah regime, while insisting on imposing a radical and conservative line on the entire country without understanding the direction of history, which is distancing itself from the conservative line.

Could Ahmadinejad actually endanger the existence of the Ayatollah regime? – If he succeeds, then agent Ahmadinejad would have done a great job!
March 01, 2007 | url
Votes: +0

a guest said:

200,000 Iranian who joined in Iraq and made new army called
Liberation Army of Iran. Massoud Rajavi and his wife Maryam
Rajavi are the head of Iranian MKO. After USA took over Iraq
the MKO are put in a camp.Is Bush using MKO to create a civil
War in Iran? Are MKO going to be first line of defence against
Bassiji attack Iraq ?MKO was creation of Mossad and CIA.
However MKO still are in list of terrorism. It is not clear
what is cooking March 21 2007 and May 5 2007 , important days
to remember? World WAR 3 will begin on these days . USA eventually will use MKO to get benefitted.MKO are half Komonist and Half Islamic. KomoIslamo Facisto.Well another
Islamo Facisto goes and they replaced them with Komo Islamo Facisto? Iran will never have democracy till last drop of Oill
is out of Iran?CIA made coup in Iran , Mohammad Mosadeq which
was popular thrown to jail and died.BUSH loves Tornadoes and Katrina and War. Lets see how much help he will give to recent
victims of Tornadoes which caused by HAARP and Chemical Trails
you see every day in your skys.Westcoast will soon get a 8.0
by June 2007 due HAARP is very active situated in Alaska.
Government left millions to dies in Katrina ,Martial Law and
more man made catasrophies (HAARP- Chemaical Trails) made in
USA is waiting all you all. Wake up USA or what ever happens
March 02, 2007 | url
Votes: +0

a guest said:


We're all frustrated to the max that reasonable questions regarding 911 continue to be ignored by the controlled "mainstream" media, Congress and Alberto Gonzalez' corrupt, Department of Justice. Highly educated, experienced individuals like Dr. Steven Jones and aviation experts by the dozens have provided we the people with the truth: a commercial air liner did not bring down either of the twin towers and Flight 77 could not have made that approach 20' off the ground and straight into the Pentagon - especially by one or two hijackers who couldn't even fly a single engine puddle jumper. All of this data ignored and the authors branded Kool Aid drinkers. I have written many columns on 911. Millions of words have been written about that day by columnists, scientists, engineers, pilots and other professionals. The ones who insist on ignoring the facts, 100% credible research and reasonable questions are cowards like Eliot Spitzer, Pataki, Guiliani, members of Congress and high paid media mouth pieces like Bill O'Reilly, Rush, Hannity and others.

One thing for certain: a large number of participants at this conference belong to organizations that intend on taking this to the streets to build a big enough momentum that the 911 cover up can no longer be ignored by the political animals in Congress. They aren't afraid to get out there in the public's face to let them know there are serious questions regarding who was responsible for 911 and why we need a real investigation into the events of that day. Translated that means the ability of a grand jury or congressional committee to issue subpoenas and get to the real meat of the entire scenario including Enron, the anthrax attacks and Flight 93. The show down is coming and one can put money on the fact that Michael Chertoff, one of the most dangerous, evil men ever to head up any cabinet, is just lying in wait for the opportunity to unleash his dragoons on anyone who exercises their First Amendment rights.

Important information and videos:

1. Patrick Briley's book (free)
2. Journal of 9/11 Studies (Dr. Steven Jones)
3. Looking for the Logic - Appendage on Flight 175
4. WTC rescuers at pay phone hear loud explosions (free video)
5. Potential WTC7 Manslaughter Charges?
6, How Did They Know Building 7 Was Going to Collapse?
7, 9/11 "Hijackers" Trained on U.S. Military Bases
8, Boston Air Traffic Controller Says 9/11 An Inside Job: New 9/11 video presentation from utah911truth.com
9, BBC Reported Building 7 Had Collapsed 20 Minutes Before It Fell (free video)
10, BBC Responds to Building 7 Controversy; Claim 9/11 Tapes Lost (free video)
11, Archives of all my 911 columns including my trip to Shanksville, PA., re Flight 93
12, Good list of questions and conflicting statements re 911 (Of special interest: pilots disarmed July 2001; see item #63)
13, Meet Jerome Hauer, 9/11 Suspect Awaiting Indictment
14, NIST Engineer, John Gross, Denies Reports About Molten Steel at the WTC (free video)
15, NYPD Officer Heard Building 7 Bombs.
16, Pandora's Black Box - Flight of American 77 (Pilots for Truth - free video)
17, WTC7 Worker Interview (free video)
18, Ground Zero EMT: We Were Told Building 7 Was to Be "Pulled"
19, US Government Biological Weapons Legislator Says 2001 Anthrax Attacks Part Of Government Bio-warfare Program
20, The Boston 911 Truth Committee
21, Why the damage to WTC Bldg.’s 3 and 6 does not support the beam weapon hypothesis
22, 9/11: Missing Black Boxes in World Trade Center Attacks Found by Firefighters, Analyzed by NTSB, Concealed by FBI
23, More Ground Zero Heroes On The Record: Building 7 Was Deliberately Brought Down
24, Odd - Aaron Brown, BBC

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Devvy Kidd authored the booklets, Why A Bankrupt America and Blind Loyalty; 2,000,000 copies. Devvy appears on radio shows all over the country, ran for Congress and is a highly sought after public speaker. Devvy belongs to no organization.

She left the Republican Party in 1996 and has been an independent voter ever since. Devvy isn't left, right or in the middle; she is a constitutionalist who believes in the supreme law of the land, not some political party. Her web site (www.devvy.com) contains a tremendous amount of information, solutions and a vast Reading Room.

March 03, 2007
Votes: +0

a guest said:

Yeah, economic collapses happen quickly and completely in empires. Eventually it ALWAYS happens. And technology and population might make this one a bit scarier than they usually are. But . . . even the end of America, even the end of western "civilization" doesn't mean the end of the world. We all know that right?

We humans are pretty full of ourselves, but the world will be just fine no matter what we do. Even if we united as a species - and TRIED our hardest to destroy the planet - careful planting of all our nukes in fault lines and delicate ecosystems, massive biological and chemical weapon dispersal all over the planet -- and etc. The planet would still keep spinning.

Most likely we could, with work, eliminate most or all humans, other mammals, and perhaps even most other major lifeforms. But at the very least, bacteria and microorganisms . . . and cockroaches would survive! And give it a few million years, and new things would be flapping, walking and swimming around as if we'd never been here.

We are arrogant. Not only do humans think OUR fate = the entire planets fate. We in America think that if/when the USA were to collapse it would be the "END OF THE WOOOOORRRRLLLLD"! I'm sure every previous empire has thought the same.


The problem is this: Self Fulfilling Prophecy. The more psycho-brains who think that some bizarre superstitious/religious end times destiny is about to be fulfilled - the more they are likely through action and/or inaction to try to see it happen! Even if its a subconscious reaction. That is what is most scary about having nut jobs in political/financial power who's specific mythology has them WANTING to see the end of the world!

The sun shouldn't go red giant for a few billion more years, so barring some kind of freak comet strike or something. The earth should keep on spinning for a long time!
March 13, 2007
Votes: +0

a guest said:

Overlooking current population
I think this looming disaster is going to be more magnified than the great depression...imagine mass hurricane katrina style looting on a national scale. Why you might ask? Back in the great depression alot of people were agrarian (farmers) and could take care of them selves...these days we have people who live off of fast food and have nothing in their pantries. If you dont have a gun, get one, learn how to use it. When this goes down, there will be more bad guys than good on the streets.
March 28, 2007
Votes: +0

a guest said:

So depressive...
I wouldn't be so dramatic, it's true, US economy is not in the best shape but that doesn't mean things will remain like this and people will actually wait for the big crush to happen.
September 13, 2007 | url
Votes: +0

a guest said:

The things with the mortgage is really awful .. not everyone can afford it..
October 09, 2007
Votes: +0

a guest said:

Yes.. I know lots of cases in USA..where families lost their houses because they could not pay the mortgage..
October 09, 2007
Votes: +0

asb said:

Relax guds and listen to the latest one:

While praying for the recession not to hit the American fan, the telephone rang. “Dr Bernanke,” a caller said with a Swedish accent, “I am honored to inform you that the Nobel Committee has decided to award you the Nobel Prize for physics. Congratulations.”
Elated but puzzled Bernanke said, “You meant to say I won the Nobel prize for Economics because you know I have a doctorate in economics from the Massachusetts Institute of Technology.”
“No, Sir. The Prize for economics is going to someone else,” the caller replied, “but the Physics prize is for you because you managed to turn the Dollar into shit.”
October 13, 2007
Votes: +0

joe L. from Kentucky said:

Well, I would like to make my comment clear. I am a US Citizen and I truely think that my generation has been screwed. We are called lazy, want for nothing, got to have the best of the best and so on. Well, you know, there is nothing wrong with that if you work hard for it. Spending the American dollar is what is suppose to keep the economy going. I find nothing wrong with this. What I see wrong with everything is the down right screwed up politicians from the so called baby boomer era that enjoys capitol hill golf course spending, driving those fancy escalades and lincolns, living in the finest golfing communities, and large spending accounts. This is what you call a waist of AMERICANS TAX DOLLARS. Our other problem is handing out the dam GREEN CARDS and WORK VISA'S to other country's so we can see our money leave US Soil. This is a bunch of bull crap. This is why we are in the shape that we are in. I am tired of people calling the new generation lazy. If we had the jobs that were around when the baby boomers where our age, then we would not be this way. No, they sent those to Mexico and India. Answer your phone some time when the dam telemarketer calls. Can you understand them? Of course not. They are making pennies. It is a lot cheaper that way. Do you think we had a say so to moving good jobs out of the united states. Hell no we didnt. We were busy being educated and being told that it is importent to have a dam high school and college education. Why bother right.... Come on people, be realistic here. Don't point the finger unless you look at the logic. People born in the early 70's till now, really had no say in what is happening today. I know there are people out there that will not agree, but that is okay. I also would like for you to thank about this one as well. We have american soldiers fighting for our country. They are only making 20 to 40 thousand a year. That is crap. They should be making more than washington, doctors, lawyers and local, state, and federal employees. The armed forces of the United states are under paid. Would you agree with this? Sure, they may have a great benefit package, but they should have a great pay scale as well.
October 01, 2008
Votes: +1

mark brown said:

interesting article 2 years later.
interesting article Mike. I've had a blog for almost two years too, my blog essentially shows how we can (just like FDR did) minimize the effects of this Depression we're now in (2/2/09)..

visit my blog.

I think it became an official 2nd depression in november or December, 2008

oh, and Joe L (comment above mine)

I agree we've managed to screw up a few generations. I have a plan for fixing that too! look here!
February 11, 2009 | url
Votes: +0

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