Friday, July 27, 2012

55 Percent Of Americans Believe That The Government Will Take Care Of Them If Disaster Strikes

If a major emergency happened in the United States, do you have faith that the government would take care of you?  Amazingly, even after all of the examples to the contrary that we have seen in recent years, a solid majority of all Americans actually believe that the government will be there for them when things hit the fan.  According to a new survey conducted by the Adelphi University Center for Health Innovation, 55 percent of Americans believe that the authorities will come to their rescue when disaster strikes.  Sadly, most Americans still view the government as a “nanny state” that has both the capability and the willingness to take care of them from the cradle to the grave.  Most Americans still have faith that the government will come through for them when they need it the most.  But all we have to do is look back at what happened during the aftermath of Hurricane Katrina to realize what a crock of baloney that is.  Hurricane Katrina was a disaster that was limited to a relatively small geographic area, and yet we all saw how the response of the federal government was a complete and utter failure.  So what is going to happen someday if there is a nationwide disaster that stretches on for months or even years?  Do you really believe that the federal government will be there for you?
How is the federal government going to take care of more than 300 million Americans in the event of a major financial collapse?
How is the federal government going to rescue more than 300 million Americans if a killer pandemic sweeps the nation?
How is the federal government going to make sure that more than 300 million Americans are safe and secure if a cyber attack cripples our power grid or takes down the entire Internet?
How is the federal government going to get food and water to more than 300 million Americans if an EMP blast takes down most of the electronics in this country?
It would be easy to go on and on discussing various nationwide emergency scenarios.  All over the globe the number of earthquakes is increasing, and it would be easy to imagine an absolutely massive earthquake on the west coast or along the New Madrid fault in the middle of the country leaving tens of millions of Americans in need of basic assistance.
What would the federal government do in a situation like that?
Or how would the government handle a full-blown eruption of a major volcano in the Pacific northwest?
If the federal government could not even come close to handling Hurricane Katrina, then how in the world are they going to rescue us from something far worse?
Sadly, most Americans just roll along as if everything is going to be just fine.  Just check out some of the other numbers from the surveymentioned at the top of this article….
-44 percent of all Americans do not have first-aid kits in their homes.
-48 percent of all Americans do not have any emergency supplies stored up.
-53 percent of all Americans do not have a 3 day supply of nonperishable food and water in their homes.
Essentially, what we have got is about half the country that is completely and totally unprepared.
About half the nation is sitting back and relying on the government to make all of the preparations.
Yes, the government is definitely preparing, but those preparations are only going to go so far.
On July 19th, 2012 FEMA posted a solicitation document for packaged meals.  According to that document, the maximum amount of meals that would be provided to FEMA under the contract would be 17.5 million meals.  The following is from the FEMA solicitation document…. MORE AT HEADING LINK ABOVE

Santelli Loses It

Wednesday, July 25, 2012

NSA whistleblowers: Government spying on every single American

The TSA, DHS and countless other security agencies have been established to keep America safe from terrorist attacks in post-9/11 America. How far beyond that does the feds’ reach really go, though?
The attacks September 11, 2001, were instrumental in enabling the US government to establish counterterrorism agencies to prevent future tragedies. Some officials say that they haven’t stopped there, though, and are spying on everyone in America — all in the name of national security.
Testimonies delivered in recent weeks by former employees of the National Security Agency suggest that the US government is granting itself surveillance powers far beyond what most Americans consider the proper role of the federal government.
In an interview broadcast on Current TV’s “Viewpoint” program on Monday, former NSA Technical Director William Binney commented on the government’s policy of blanket surveillance, alongside colleagues Thomas Drake and Kirk Wiebe, the agency's respective former Senior Official and Senior Analyst.
The interview comes on the heels of a series of speeches given by Binney, who has quickly become better known for his whistleblowing than his work with the NSA. In their latest appearance this week, though, the three former staffers suggested that America’s spy program is much more dangerous than it seems.

In an interview with “Viewpoint” host Eliot Spitzer, Drake said there was a “key decision made shortly after 9/11, which began to rapidly turn the United States of America into the equivalent of a foreign nation for dragnet blanket electronic surveillance.”
These powers have previously defended by claims of national security necessity, but Drake says that it doesn’t stop there. He warns that the government is giving itself the power to gather intel on every American that could be used in future prosecutions unrelated to terrorism.
“When you open up the Pandora’s Box of just getting access to incredible amounts of data, for people that have no reason to be put under suspicion, no reason to have done anything wrong, and just collect all that for potential future use or even current use, it opens up a real danger — and to what else what they could use that data for, particularly when it’s all being hidden behind the mantle of national security,” Drake said..


MORE AT HEADING ABOVE 

TSA Expands Invasion To CA Train Stations & Bus Terminals

Tuesday, July 24, 2012

Too Big To Fail – Fed Proposal Allows Banks To Seize Your Money

The New York Fed has introduced a framework to give banks the right to suspend account withdrawals at will to defend against financial panic.

The shadow central planners have proposed new contingency plans to prevent the Great Depression style bank runs that are hitting Europe from spreading to America.
Their solution is the creation of a framework that consists of “capital controls” which allow financial institutions that find themselves in hot water to limit or outright suspend customer account withdrawals.
Our beloved regulators seem not to care the slightest that these institutions put themselves in hot water in the first place by taking up certain financial positions that put their customers’ money and the global financial system at risk.
Instead the message is clear – Our banks are too big to fail and if they need to seize their customers deposits to prevent them from failing then we must allow it.
From The Daily Sheeple:

Sorry, Your Money Is Now Frozen. Bank Runs Have Become Illegal.

As the financial crisis takes its toll and any number of events threaten to completely collapse an already fragile global banking system, the Federal Reserve has stepped in with a stop-gap measure to prevent liquidity from being drained out of money market funds in the event of a panic.
What this means is that at exactly the moment when Americans need money, in the midst of a massive financial panic, access to funds will be limited or altogether restricted.
Basically, according to the Fed, the minimum balance would make the financial system more fair, reduce systemic risk and protect smaller investors who can be left with losses if larger investors in their fund withdraw cash first. The proposal would require a “small fraction” of each fund investor’s recent balances to be segregated into a sinking fund to absorb losses if the fund is liquidated. Subsequently redemptions of these minimum balances at risk would be delayed for 30 days, “creating a disincentive to redeem if the fund is likely to have losses.” In other words: socialized losses. Where have we seen this before?
But the real definition of what the Fed is suggesting is: capital controls. Once this proposal is implemented, the Fed, or some other regulator, will effectively have full control over how much money market cash is withdrawable from the system at any given moment. At $2.7 trillion in total, one can see why the Fed is suddenly concerned about this critical liquidity and capital buffer.

A key proposal in the overhaul of money market regulation suggests that money market fund managers will have the option to “suspend redemptions to allow for the orderly liquidation of fund assets.” You read that right: this does not refer to the charter of procyclical, leveraged, risk-ridden, transsexual (allegedly) portfolio manager-infested hedge funds like SAC, Citadel, Glenview or even Bridgewater (which in light of ADIA’s latest batch of problems, may well be wishing this was in fact the case), but the heart of heretofore assumed safest and most liquid of investment options: Money Market funds, which account for nearly 40% of all investment company assets. The next time there is a market crash, and you try to withdraw what you thought was “absolutely” safe money, a back office person will get back to you saying, “Sorry – your money is now frozen. Bank runs have become illegal.
Via: Zero Hedge
Even though there could never possibly be 1929 style market panic or bank runs like we’ve seen throughout history, we strongly recommend considering the acquisition and stockpiling of alternative trade instruments.
Source: The Daily Sheeple

The coming economic collapse

The U.S. economy is teetering on the brink of another recession. The bad news is that if it goes down again, there won’t be much we can do to save ourselves. Like a weary heavyweight, if it hits the mat again, it’s down for good.
The expansion has been terribly disappointing—growth is hardly 2 percent and jobs creation barely keeps unemployment steady at 8.2.
Manufacturing and exports powered the recovery but are now weakening. Consumer spending and existing home sales are flagging, because policymakers failed to aid underwater homeowners as generously as the banks.
President Obama is doubling down on slow growth policies—new restrictions on offshore oil and CO2 emissions, and pushing forward with financial regulations that haven’t stopped Wall Street banks from trading recklessly and rigging markets as indicated by the Libor scandal.
Governor Romney has reverted to shop-worn Republican prescriptions—tax cuts, free trade and deregulation.
With the federal government spending 50 percent more than it takes in, no sane economist could endorse big rate cuts, beyond renewing the Bush tax cuts.
China, by manipulating its currency and shutting out western products, helped cause the Great Recession and is now constraining recovery in the United States and Europe. More free trade agreements won’t fix that.
[pullquote]
Dodd-Frank may be bureaucratic and ineffective but no sane person could claim banks can regulate themselves—smarter solutions, like breaking up unmanageable and unsuperviserable institutions, is needed.
Many analysts ask if another big innovation—like the automobile or computer-- is coming and could save the economy. The problems are many new products are creating more jobs in Asia than in the West, and many technology companies are consolidating or facing extinction—consider the smart phone, Hewlett Packard and Yahoo.
A lot of US innovation is starting to look more like French art than American commerce. Icons like Yahoo, Facebook and Twitter have made great contributions to the economy and culture but simply don’t have business models that generate enough revenue and sustainable jobs growth.
Google has succeeded by cannibalizing newspapers—the net effect has been to destroy more—and branching into software and media—which merely displaces workers elsewhere.

Meanwhile, the profitable core of finance—investment banking—is shrinking. Burdensome regulations are a problem, but many clients—ranging from municipalities to wealth managers to foreign governments burnt by Wall Street schemes and securities—are now less interested in what the likes of Goldman Sachs and JP Morgan have to sell.
To save European governments, several trillion dollars in sovereign debt must be written down. Beyond lacking a plan to equitably distribute the loss, Germany and other stronger states have not come to terms with the fact that market reforms are not enough. They cannot continue to pursue export-oriented growth strategies and trade surpluses if southern Europe is to create jobs and grow without running up trillions in new debt.
China holds the West and its own future hostage—export-driven growth runs to ground when customers can no longer finance their purchases and trade deficits. Borrowing and printing money in the United States and Europe on the scale necessary to keep the Middle Kingdom producing and exporting is no loner possible.


MORE AT HEADING ABOVE

Monday, July 23, 2012

Workers At Fukushima Were Reportedly Told To Lie About Radiation Exposure

A Tokyo Electric Power Co. (TEPCO) subcontractor forced nine workers at the Fukushima Daiichi nuclear power plant to cover their radiation-monitoring meters with lead plates so they would stay under a safety threshold for exposure, Kyodo News reports.
An executive at the firm Build-Up told workers, hired to insulate pipes at a water treatment facility, to cover their dosimeters – used to measure cumulative radiation exposure – when working in high radiation areas.
"Unless we hide it with lead, exposure will max out and we cannot work," the executive was said in a recording reported by Japanese media.
In Japan the legally permissible annual exposure is 50 millisieverts for nuclear plant workers during normal operations.
The massive earthquake and tsunami on March 11, 2011, led to a breach of containment structures  at the Fukushima plant that released a lot of radiation, keeping large areas around the plant off limits for more than a year later.
CNN reports that a government report released Monday criticized TEPCO, the Fukushima plant operator, for having "insufficient" preparations and an "inadequate" response to the crisis.
The 10-member panel wrote that interference by then-prime minister Naoto Kan created confusion in the response to the crisis and that TEPCO still doesn't seem aggressive enough in examining the causes of the accident so that it can prevent a recurrence.


The investigation followed another damning government report, this one from Japanese parliament, which stated that the crisis was a "man-made disaster" resulting from "collusion between the government, the regulators and TEPCO, and the lack of governance by said parties."
Geoff Brumfiel writes in the journal Nature that "it is remarkable how little we still know" about the the impact of the radiation exposure following the worst nuclear disaster since Chernobyl in 1986. Brumfiel notes that scientists have not reached a consensus on how much radioactivity the plant released, who was exposed and when, or the effects of different levels of radiation exposure on the human body.

FROM BUSINESS INSIDER

Friday, July 20, 2012

All Paper Will Collapse In Value

Jeff Nielson:  I had the opportunity to listen to an inteview with noted commodities-guru Jim Rogers, which is never a bad investment of one’s time. Rogers is both very astute, and a straight-talker; two “commodities” which I’m sure that he would purchase if he could – since both are clearly in short supply in the 21st century.
The central topic on the mind of Rogers’ interviewer was Ben Bernanke’s farcical testimony before the U.S. Congress. That love-fest had all the interrogative value of spending the day watchingSesame Street. Rogers was also totally unimpressed:
Mr. Bernanke is going to print more money…I wouldn’t pay much attention to the man…He only knows one thing – and that’s what he’s going to do…
The interview then proceeded to Rogers’ specialty: the world of commodities. He remains totally committed to commodities over the long term, rightfully pointing out that as the global economy continues to be drowned in mountains of the bankers’ paper currencies, that these hard assets must soar in price – as all that paper collapses in value.
When asked to compare the different commodity sectors, Rogers was also unequivocal. He was most bullish with respect to “soft” commodities and industrial commodities, while less bullish on the monetary commodities: gold and silver (at the present time). It’s here that I’m going to dare to differ with Rogers to a degree.
I wouldn’t presume to contradict his long-term prognosis on the future of commodities, in a commodity-starved world. In fact I completely agree with him. However, it is over the short/medium term where I believe I detect a small inconsistency in his analysis of these markets.
The inconsistency lies in the fact that Rogers fervently believes (as do I) that we are on the verge of a Flight out of Paper. He ranked the various forms of these fraud-currencies, and said he expected the holders of this paper to soon begin an exodus out of the most-worthless of them – specifically noting the U.S. dollar.
He also observes that once this exodus starts that there will not be enough stable currency remaining in the world for all of the U.S.-dollar refugees (and other paper-holders) to find a home. This leads to the obvious question: where will all those other $trillions go?

MORE AT HEADING ABOVE

Thursday, July 19, 2012

‘No Big Deal’ Bernanke Admits To Criminal LIBOR Cover Up

Fed Chairman Ben Bernanke nonchalantly admits to participating in criminal conspiracy of helping the banks cover up LIBOR manipulation like it was no big deal.

In the two-tiered judicial system where rich men make laws in secret that only apply to the rest of us that America has become I guess it is no big deal.
If there is still a federal prosecutor with a single ounce of integrity in them all of these crooks will be going to jail for a very, very long time because, while most don’t realize it, this is likely the biggest robbery in history.
Rick Santelli of CNBC didn’t take the admission to lightly and in this 90 second clip he blasts Bernanke: “Manipulation is Manipulation” as he rants about why these people should all be locked up.
h/t The Daily Bail  <<<<Click here for video)

Good clip from yesterday. Runs just 90 seconds.
A measured rant on Bernanke’s admission of knowledge of LIBOR manipulation.
A crime is a crime unless the New York Fed ignores it… and then it’s merely a putrid, rotting carcass of a tree that financial media puppets will swear to you never fell.

"Brace Yourself! The American Empire Is Over & The Descent Is Going To Be Horrifying!"

Wednesday, July 18, 2012

Quick Summary of the Sheriff Joe 2.0 National Security Press Conference

Sheriff Joe Arapaio followed up on his March press conference which concluded a six month investigation into the legitimacy of Barack Obama’s long form birth certificate and his Selective Service card. What was not known at that time was if the birth certificate presented was totally fabricated, significantly altered, or merely was an original form that was filled in long after the original certificate was issued.

The summary:

Obama could not have been born at the Kapiolani hospital due to the The “Nordyke Twin” birth certificate numbering curiosity. However, the form itself indicates that the birth was recorded from outside of Hawaii.
A former clerk whose signature is on Obama’s Long Form Birth Certificate verified that there was zero chance the electronic documented presented by White House was the original. Many fields were filled in AFTER the original birth certificate had been certified
The State of Hawaii has laws and Jerome Corsi uncovered correspondence confirming that foreign nationals could obtain birth certificates WITHOUT BEING BORN IN HAWAII. Worse, ANY ADULT – not even one related to the child – could record a “birth” simply by presenting information that mother or father was a “resident” (not even a citizen) of Hawaii.
The State of Hawaii only will affirm that they have A RECORD OF BIRTH on file, but NOT that the information is accurate.
Hawaii refuses to show it to anyone which violating their own laws, especially when it is being requested by law enforcement of another jurisdiction.
The State of Hawaii confirms that they did not provide the PDF document to the White House, meaning that what the White House offered as “proof” was in itself an altered – and illegitimate.
The Kapiolani hospital had a log, right outside the delivery room, that was maintained by a nurse during the time Obama claims to have been born there. The log is reported to be in the hospital archives, but hospital officials refuse to show it to them. Ironically, those archives are supposed to be open to the public.

Tuesday, July 17, 2012

America’s Drones Are Homeward Bound

Americans have been protesting and getting arrested at U.S. drone bases and research institutions for years, and some members of Congress are starting to respond to the pressure.
But it’s not that drones are being used to extrajudicially execute people, including Americans, in Afghanistan, Pakistan, Yemen and Somalia that has U.S. lawmakers concerned. Rather it’s the possible and probable violation of Americans’ privacy in the United States by unlawful drone surveillance that has caught the attention of legislators.
Rep. Jeff Landry, R-La., says “there is distrust amongst the people who have come and discussed this issue with me about our government. It’s raising alarm with the American public.” Based on those discussions, Landry has placed a provision in a defense spending bill that would prohibit information gathered by drones without a warrant from being used as evidence in court.
Two other legislators, Rep. Austin Scott, R-Ga., and Sen. Rand Paul, R-Ky., introduced identical bills to bar any government agency from using a drone without a warrant to “gather evidence or other information pertaining to criminal conduct or conduct in violation of a regulation.”
No one in Congress, however, has introduced legislation requiring the government to provide to a neutral judge evidence of a criminal act committed by a person to be targeted for assassination by a drone, or allowing such a person the right to defend himself against the U.S. government’s allegations.

Under President Obama’s signature national security policy, being a young male in the tribal region of Pakistan is often sufficient evidence to warrant execution. The kill committee members from the National Security Agency, the Central Intelligence Agency and the Department of Defense act as the prosecution, judge and jury for “low-level” targets. The president, consulting his “kill list,” makes the decision on “high-value” targets, including American citizens.
Weaponizing Drones in the United States
Acknowledging that drones have killed people in other countries, Rep. Rush Holt, D-N.J., placed a provision in another bill that would prohibit the Department of Homeland Security from arming its drones. (Homeland Security operates surveillance drones on the borders with Mexico and Canada.)

Monday, July 16, 2012

How Close Are We to a New Great Depression?

The risk of a new depression — a sustained, severe recession — has struck fear into the heart of markets and driven monetary policy in developed economies since the current financial crisis began.


“We’re in a very unfortunate position to be here,” Richard Duncan, author of The New Depression, warned on CNBC’s “Squawk Box Europe” Monday.
“When we broke the link between money and gold, this removed all constraints on credit creation. This explosion of credit created the world we live in, but it now seems that credit cannot expand any further because the private sector is incapable of repaying the debt it has already, and if credit begins to contract, there’s a very real danger that we will collapse into a new Great Depression,” he argued.
“If this credit bubble pops, the depression could be so severe that I don’t think our civilization could survive it.”
The explosion in cheap credit has been widely blamed for the global financial crisis, but the debate about how to fix the problem continues.
In the past few years, central banks including the U.S. Federal Reserve [cnbc explains] , the European Central Bank [cnbc explains] and the Bank of England have pumped liquidity into their financial systems through a number of ways, including quantitative easing [cnbc explains] and the ECB’s long-term refinancing operation (LTRO).
“We could keep deferring the depression, but that could just encourage the bad guys. If you do this, you possibly do more harm than good,” Roger Nightingale, economist and strategist at RND Associates, told CNBC Monday.
“You can defer, but not prevent.”

Radiation On West Coast of North America Could End Up Being 10 Times HIGHER than in Japan

We've extensively documented the fact that ocean currents bring Japanese radiation to the West Coast of North America, and that - rather than adequate ocean dilution -  there could be “pockets” and “streams” of highly-concentrated radiation.
Joke F L├╝bbecke of the National Oceanic and Atmospheric Administration's (NOAA) Pacific Marine Environmental Laboratory and 3 scientists from the GEOMAR Research Center for Marine Geosciences poured tracer dye into coastal waters off of Fukushima, and monitored its progress as it traveled to the West Coast of North America, to find out what might really happen.
They have revealed their results in a new paper published by journal Environmental Research Letters.
The paper shows that the West Coast of North American could end up with 10 times more radioactive cesium 137 than the coastal waters off of Japan itself.
How could radiation levels be lower closer to the source of contamination: Fukushima?
Because the currents are swift off of the Eastern coast of Japan, and quickly move the contaminated water away.
The paper explains:

In the following years, the tracer cloud continuously expands laterally, with maximum concentrations in its central part heading east. While the northern portion is gradually invading the Bering Sea, the main tracer patch reaches the coastal waters of North America after 5–6 years, with maximum relative concentrations ( > 1 × 10−4) covering a broad swath of the eastern North Pacific between Vancouver Island and Baja California. Simultaneously some fraction of the southern rim of the tracer cloud becomes entrained in the North Equatorial Current (NEC), resulting in a westward extending wedge around 20°N that skirts the northern shores of the Hawaiian Archipelago. After 10 years the concentrations become nearly homogeneous over the whole Pacific, with higher values in the east, extending along the North American coast with a maximum (~1 × 10−4) off Baja California. The southern portion of the tracer cloud is carried westward by the NEC across the subtropical Pacific, leading to increasing concentrations in the Kuroshio regime again.


***


With caution given to the various idealizations (unknown actual oceanic state during release, unknown release area, no biological effects included, see section 3.4), the following conclusions may be drawn. (i) Dilution due to swift horizontal and vertical dispersion in the vicinity of the energetic Kuroshio regime leads to a rapid decrease of radioactivity levels during the first 2 years, with a decline of near-surface peak concentrations to values around 10 Bq m−3 (based on a total input of 10 PBq). The strong lateral dispersion, related to the vigorous eddy fields in the mid-latitude western Pacific, appears significantly under-estimated in the non-eddying (0.5°) model version. (ii) The subsequent pace of dilution is strongly reduced, owing to the eastward advection of the main tracer cloud towards the much less energetic areas of the central and eastern North Pacific. (iii) The magnitude of additional peak radioactivity should drop to values comparable to the pre-Fukushima levels after 6–9 years (i.e. total peak concentrations would then have declined below twice pre-Fukushima levels). (iv) By then the tracer cloud will span almost the entire North Pacific, with peak concentrations off the North American coast an order-of-magnitude higher than in the western Pacific.
"Order-of-magnitude" is a scientific term which means 10 times higher.  The "Western Pacific" means Japan's East Coast.
Here are the important graphics from the paper: