Calling corporations people is ridiculous. Mittens Romney saying corporations are people only proves without a doubt, he is a complete tool. Obama has proven he is a corporate bent over, shut up and like it, tool for the corporations. He put them in charge of policy, and many were installed as key policy makers. Elected officials are lying lawyer affiliated. International Corporate Banksters have Satan's black robed minions, judges, in their pockets. Elections are too often just a poorly constructed scam, but the scam artists are the ones telling the story, mainstream, or should I say spewing bullshit propaganda?
I support Ron Paul. If he actually gets 75% of the popular vote, the number reported would probably be 3 to 5%. We really are infiltrated by spooks and live in a Police State. The NDAA, the Patriot Act, and the ACTA push is only further proof. [Watch this documentary] and tell me the greediest fucks in the universe aren't out to steal all they can and kill all of us who they consider ants.
I really don't expect this blog to be on the internet much longer. It is a google blog. Google videos are youtube. Google searches are often taken out when I state some alarming truths about individuals, officials, and corporate scumbags. If I am defending someone against unfair government goon and court barbecues, the numbers and searches also can get skewed.
I'll be out with my video camera. Maybe files can be shared with jump drives if the internet gets totally jacked by the international corporate bankster scum who puppeteer the US Government and Military. Maybe I can start my own printing press, if there is no other way.
I went from owning 3 houses, facing early retirement for all of my hard work, to almost freezing to death shivering homeless in the woods, and snow, in Vermont. I am not out freezing now, I'm pissed, and I am funneling outrage into action.
I had a great relationship with my daughter. Scumbag police and their force of informants wanted to punish me for being an American who says it like it is, and then informs others about the scumbags running things who steal us blind. The American Dream for me is a daily nightmare. If I knew what I know now, I would have never worked so hard, daily, for the ultimate lie.
If you don't want a lying lawyer or their minions in your backyard, hang one from a tree in the front yard. No, I don't advocate violence, hang a puppet in black stripes and put the word "banker" on it.
If I find a source of money, or get a decent job, I'll post more professional videos, hire actors, and get professional editing help and post some of my videos [here on liveleak.com]. I will, even if it kills me, put all honest efforts into producing the best informative documentaries and most true life exposing independent films that I am capable of. I know how to network with skilled people, and am not afraid of spending most, to all of my budget on the right people to do the job. It is about getting the word out and taking tyrants to task. We all fight back in our own way. Let's have a common cause.
-stevengerickson At yahoo.com
Former Connecticut US Senator Chris Dodd allegedly took bribes from bankers to do their bidding, as Dodd was on a key sellout puppet to the international corporations, on a Bank regulating committee. Dodd is a complete scumbag. Former State of Connecticut Attorney Richard "The Dick" Blumenthal is now a Connecticut US Senator. He allegedly covered up organized crime dumpers of toxic and radioactive waste all over Connecticut as that State's Attorney General. The evidence can't be hidden if it is still drinking water, landfills with the names changed, if samples register on a Geiger Counter, and if people are still getting sick and dying. I plan on doing a documentary on "The Dick" and on illegal organized crime and corporate dumping if I get the funds.
If you want to get listed in the credits, or just want to help, the first button gives $100, the bottom button will allow you to give $1 to any amount. I promise to deliver the maximum I can, even if it leads to my being kidnapped, tortured in the cruelest possible ways, and my resting in pieces near where I am murdered.
Don't say maybe I should have. There is the here and now. Let's make a difference, right now.
Eliot Spitzer pictured with his wife soon after Eliot was widely exposed to have paid to have sex with a high priced prostitute. [image stolen from here]
Elena Sassower sat down to talk to me back in back in January 2008 (video below). I traveled to New York to meet with her. We agreed to talk about Eliot Spitzer and Hillary Clinton possibly being involved in election rigging and subverting the media, the New York Times. The below video was brought to the attention of the FBI, January 2008. If Spitzer's finances were looked into because of the video, what happened to Spitzer involving a hooker scandal just weeks later?
Abortion is largely accepted even for reasons that do not have anything to do with the fetus’ health. By showing that (1) both fetuses and newborns do not have the same moral status as actual persons, (2) the fact that both are potential persons is morally irrelevant and (3) adoption is not always in the best interest of actual people, the authors argue that what we call ‘after-birth abortion’ (killing a newborn) should be permissible in all the cases where abortion is, including cases where the newborn is not disabled.
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Will international bankers figure out a way to prevent citizens from feeding themselves? If we aren't wanted, we should be allowed to eat, right? Bankers feel we are useless eaters.
Hammered by the financial crisis that has led to ever diminishing income, a group of residents in northern Greece have joined forces with potato farmers to slash consumer prices and ensure producers can get their crop to markets by cutting out the middle man.
Hundreds of families turned up Saturday in this northern Greek town to buy potatoes at massively reduced prices, sold directly by producers at cost price. They lined up in cars and with bicycles, on foot and with scooters to collect their bags of spuds from a truck that flung its doors wide open and was doing a roaring trade in the parking lot of a local courthouse.
Farmers say it costs about 20 cents ($0.27) to produce a kilogram (2 pounds) of potatoes, but that wholesalers will only buy them for 10-12 cents to get the crop to supermarkets, where they sell for about 60-70 cents a kilogram. Faced with making a loss, many producers say they have been unable to even get their products to the market.
Greece’s severe financial crisis, now entering its third year, has seen pensions and salaries slashed and led to skyrocketing unemployment of over 20 percent. More and more people have been turning up at soup kitchens run by the church or local aid groups, and homelessness has been increasing.
Faced with an ever deepening recession, some local groups have begun coming up with novel ways to beat the financial crunch.
Ilias Tsolakidis, 54, part of a volunteer group in northern Greece, said he contacted a potato farmer in northern Greece last week and posted an advertisement on the internet offering consumers the chance to order directly from the producer at cost price. He was overwhelmed by the response: by Wednesday, all 24 tons of potatoes on offer had been sold, with 534 families putting in orders.
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What the elite are doing is becoming more and more apparent. We are paying for [Homeland Security Fusion Centers] and the DHS ruling of the world. Department of Homeland Security now decides if you are okay to get a driver's license, have a job, and all financial transactions can be controlled and even blocked by DHS. Government agencies can now just make up rules as they go, and then enforce them. This not legal, it is not constitutional, and it is not morally right. If America is being run offshore by corporate owners and bankers, Americans are under armed occupation. DHS is just a sign of the occupation.
Obama lied to get into office. He put criminal banking and corporate owners in key positions and in charge of policy. The foxes are in charge of the hen house. I can put faith in one man, but I would drop everything and start shooting videos, interviewing people, blogging, and going anywhere and everywhere if I had the money to do so. I don't need much. I want to do all I can do to help elect Ron Paul as I feel my very life depends on it.
What do you need for proof? The Patriot Act, NDAA, FEMA camps, ACTA, and other pushes, do you see a pattern? We need more than Occupy Wall St. OWS.
Stolen Ft Knox Gold, Rat Bastard Bankers, End the Fed
Text with video: Just watched a 3 and 1/2 hour documentary on the international organized crime banking system from the time of Abraham Lincoln to present. [info and embedded documentary, The Money Changers with Bill Still]. The Rothchilds have been quite the criminal banking dynasty. They hold gold that isn't theirs and they loan out 10 to 100 times the value of what isn't theirs. These international criminals caused the Great Depression. While they shrunk the money supply to cause the most damage, they sent money to pre-WWII Nazi Germany. International Corporate bankers keep pulling the same crap, whenever they can for centuries. We don't owe them money to live. They should not decide if we can have children, what we are allowed to eat, where we are allowed to live, and what we can have. Who made them gods? They are criminals, let's not pay them money, let's see them off to jail ... or to the nearest tree.
Look what passes as elected officials [click here for bios]. On the Connecticut Judiciary Committee, legislators Michael P. Lawlor and Andrew J. McDonald are advocates for gay marriage in the State of Connecticut and all over. Each may have gained millions or hundreds of thousands of dollars in no bid contracts or what can be called bribes to them, their firms, or to their spouses. [some of the story] One of the fellows is married to a woman the other is married to a man. They are now under the Governor of Connecticut, Dannel P. Malloy. Some have dubbed the three, "The Amazingly Gay Trio" which I feel is unfair. Some of the financial improprieties and that subject are part of [this LiveLeak.com interview video] with Michael Nowacki of New Canaan, Connecticut.
I would go on the road today for Ron Paul. I feel that is America's only salvation. I hope their campaign gets hold of me to help them. -Steven G. Erickson
This story almost disappeared online, very little made print. Can you say "rigged mainstream media"?
John M. Walker Jr. Excerpt: City officials identified the driver of the SUV that hit [New Haven Connecticut Police Officer] Picagli as John M. Walker Jr., a senior judge on the 2nd U.S. Circuit Court of Appeals in New York, who lives in Connecticut and maintains court chambers in New Haven. They said he was leaving work when the accident happened.
Walker, a 1962 Yale graduate, was appointed to the federal bench by President Reagan in 1985. He was appointed to the 2nd Circuit in 1989 by his cousin, former President George H.W. Bush.
Steven G. Erickson questions Phil Donahue June 2008 at the Free Press NCMR Event Minneapolis, Minnesota:
Please help me, Steven G. Erickson, to fight NDAA US citizenship stripping law for those who are outspoken, question public corruption, rigged courts, police brutality, domestic spying, the corporate take over, or are anti-war. Unrestricted military detention of US citizens, and internet censorship initiatives such as ACTA, PIPA, and SOPA, is what I am asking YOU to help me fight. Please help me have the ability to hire actors, video editors, and others to bring better, more professional news videos, interviews, and maybe even independent film to you. I will go door to door, and encourage others to do this also. We must fight the tyrants by informing others. I'm also open to suggestions.
stevengerickson AT yahoo Dot Com
P.S. If you don't have a PayPal acct, just click on "Guest" and you can use Debit or Credit Card.
Did International Banksters send Booth as a Mercenary to Kill Lincoln?
Artwork of US President Abraham Lincoln being shot in the back of the head by John Wilkes Booth, April 14, 1865 [found here]
Check out at one hour, 25 minutes in, documentary embedded in [this post]
International bankers want to keep populations in debt. International corporate and banker interests in getting richer is bolstered with all out wars. Keeping populations in prisons and rigging the courts is another great tool.
US President James Garfield was vocal about out of control bankers. He was assassinated a few weeks later in 1881. [story]
What is fractional reserve banking? Well, watch the video. Check link above.
The same things the elite have pulled in the past to rip average people off, have been pulled before. What they are doing is history repeating itself. These international criminals need to be prosecuted and jailed, not paid interest on money we don't owe them. I want to get a tee-shirt that says, "Patriots Hang Bankers".
Some same that Satan's black robed minions, judges, are bankster enablers.
By JEREMY PELZER Star-Tribune capital bureau trib.com | Posted: Friday, February 24, 2012 6:00 pm
CHEYENNE — State representatives on Friday advanced legislation to launch a study into what Wyoming should do in the event of a complete economic or political collapse in the United States.
House Bill 85 passed on first reading by a voice vote. It would create a state-run government continuity task force, which would study and prepare Wyoming for potential catastrophes, from disruptions in food and energy supplies to a complete meltdown of the federal government.
The task force would look at the feasibility of
Wyoming issuing its own alternative currency, if needed. And House members approved an amendment Friday by state Rep. Kermit Brown, R-Laramie, to have the task force also examine conditions under which Wyoming would need to implement its own military draft, raise a standing army, and acquire strike aircraft and an aircraft carrier.
The bill’s sponsor, state Rep. David Miller, R-Riverton, has said he doesn’t anticipate any major crises hitting America anytime soon. But with the national debt exceeding $15 trillion and protest movements growing around the country, Miller said Wyoming — which has a comparatively good economy and sound state finances — needs to make sure it’s protected should any unexpected emergency hit the U.S.
Several House members spoke in favor of the legislation, saying there was no harm in preparing for the worst.
“I don’t think there’s anyone in this room today what would come up here and say that this country is in good shape, that the world is stable and in good shape — because that is clearly not the case,” state Rep. Lorraine Quarberg, R-Thermopolis, said. “To put your head in the sand and think that nothing bad’s going to happen, and that we have no obligation to the citizens of the state of Wyoming to at least have the discussion, is not healthy.”
Wyoming’s Department of Homeland Security already has a statewide crisis management plan, but it doesn’t cover what the state should do in the event of an extreme nationwide political or economic collapse. In recent years, lawmakers in at least six states have introduced legislation to create a state currency, all unsuccessfully.
The task force would include state lawmakers, the director of the Wyoming Department of Homeland Security, the Wyoming attorney general and the Wyoming National Guard’s adjutant general, among others.
The bill must pass two more House votes before it would head to the Senate for consideration. The original bill appropriated $32,000 for the task force, though the Joint Appropriations Committee slashed that number in half earlier this week.
University of Wyoming political science professor Jim King said the potential for a complete unraveling of the U.S. government and economy is “astronomically remote” in the foreseeable future.
But King noted that the federal government set up a Continuity of Government Commission in 2002, of which former U.S. Sen. Al Simpson, R-Wyo., was co-chairman. However, King said he didn’t know of any states that had established a similar board.
Contact capital bureau reporter Jeremy Pelzer at 307-632-1244 or jeremy.pelzer@trib,com
Out of the frying pan, into the fire: Global intelligence firm Stratfor may have secured its perimeters after its servers were infiltrated late last year, but a mammoth email dump just hit the grid courtesy Wikileaks.
In December 2011, members of the hacktivist collective Anonymous suggested they’d breached Texas-based intelligence and threat analysis firm Stratfor, goading the company by tweeting “Thanks for storing your customers’ CC/CCV #s in cleartext, w/corresponding addresses. Y u no bother encrypting?” At the time, a security firm laid hands on the stolen data, deducing that 9,000 active credit cards, 27,000 phone numbers and 20,000 “easily cracked” passwords had been dumped into the online wilds. Anonymous members also claimed at the time that they had emails from over 100 company employees and would eventually release them.
The other shoe may finally be dropping: Controversial whistleblower Wikileaks has begun publishing some five million emails — dubbed “The Global Intelligence Files” — allegedly pilfered from the geopolitics site. According to Wikileaks, the emails “reveal the inner working of a company that fronts as an intelligence publisher, but provides confidential intelligence services to large corporations.” Wikileaks name-checks several Fortune 500 corporations as well as U.S. government agencies in its statement. The group hasn’t confirmed the emails were handed off by Anonymous, but one of the hacker group’s Twitter accounts offered self-plaudits this morning, hailing “the amazing partnership between #Anonymous and #WikiLeaks to make all 5 MILLION mails public.”
Stratfor’s response this morning has been to call the release “a deplorable, unfortunate — and illegal — breach of privacy.” It’s also calling into question the emails’ veracity, writing that ”[some] of the e-mails may be forged or altered to include inaccuracies; some may be authentic,” adding that it “will not validate either … [nor] will we explain the thinking that went into them.” Stratfor adds that its data servers remain “secure and protected.”
Wikileaks claims the emails ”show Stratfor’s web of informers, pay-off structure, payment laundering techniques and psychological methods,” adding that the emails “expose the revolving door that operates in private intelligence companies in the United States” and alleging that government-related sources around the world give Stratfor political scoops in trade for cash. Speaking to Reuters, Wikileaks founder Julian Assange called Stratfor “a private intelligence firm, relying on informants from the U.S. government, foreign intelligence agencies with questionable reputations and journalists,” adding that ”[what] is of grave concern is that the targets of this scrutiny are, among others, activist organizations fighting for a just cause.”
Shortly after September 11, 2001, Stratfor, which had made its “breaking news” and predictive analysis available freely to the public, was referred to in a Barron‘s piece as a kind of ”shadow CIA,” allegedly “ahead of the news — and the CIA — in global hotspots.”
I’m no expert on Stratfor’s inner workings, how they get their information, or who they sell it to, but I’ve consulted the free side of their website on and off since the late 1990s, when a friend pointed me their way for what he described as “global intelligence analysis.” He added that its head mucky-muck, George Friedman, tended to be hawkish on international matters, but said the level of detail the site offered was unlike anything available elsewhere in the media. I found that to be true then, though it’s been nearly a decade since I’ve spent much time there, and couldn’t say now.
As a proponent of legitimate free markets, I am always up for a little creative entrepreneurship. However, there is a considerable difference between building productive markets, and engaging in monopolistic piracy. Global conglomerates and the elites that operate them have long been familiar with the pirate’s life, and not the fun filled adventure-time rope swinging swashbuckling brand. In fact, it was elitists like Sir Francis Drake, commissioned by the English monarchy, who embodied this disturbing covert bedlam. We’re talking murder, mayhem, and blood-money, folks! So, it should be of no surprise to anyone that the thieving mercantile swine of our era are returning to the high seas to plunder once again, only in a much more subversive and devious manner.
This past week, World Bank President Robert Zoellick made his organization’s intentions for oceanic regimentation known, at least in a candy coated way, at the Economist World Oceans Summit in Singapore:
Over the last several years, World Bank has seen fit to insinuate itself into the environmental movement as a “bastion” of green ideology. In reality, World Bank has long used the threats of environmental destabilization (some of them real, some of them fake) as tools for the centralization of resources into the hands of mega-corporations. In fact, if one was to attempt to sum up exactly what it is that World Bank actually does in a single phrase, it would probably be “resource domination”. This domination is achieved through the strict lending guidelines that sovereign countries have to commit to in order to attain financing from the supranational entity.
Like a greasy loan shark working for a hardboiled mob cartel, World Bank’s M.O. is to lend large capital packages (made with money or credit created out of thin air) which the target country and its government obviously cannot afford to pay back. These loans often stipulate that the country relinquish control of its natural resources, the true wealth of the nation, over to international corporate bodies for “management”. Through this process, World Bank removes competition from a market and hands designated companies (globalist front-companies) the keys to the kingdom.
Environmental manipulation has been used in the past by World Bank as a cover for resource piracy. Global corporations including Enron, Bechtel, GM, and Monsanto from the late 90’s onward have been handed coveted water rights to entire communities and nations under the guise of managing “water scarcity”. This control of the water supply has extended even to rainwater collection. World Bank’s argument in the case of water privatization was that monetizing the resource would create “incentives” for populations to conserve water. That is to say, the higher they could increase the cost of water, the more coveted it would become, and the more careful people would be when using it. This feudalistic idea was expressed clearly in a World Water Council (founded with the help of the Vice President of World Bank) document entitled “The Long Term Vision For Water, Life, And Environment”: http://www.bvsde.paho.org/bvsaca/i/fulltext/mirh/education.pdf
In 1998 the World Water Forum expounded a need for control and regulation over the planet’s water supply. This meeting was packed with top multinational corporations and commissioned by a viper’s nest of global elites, including:
-Dr Ismali Serageldin (Commission Chair), Vice President, World Bank, and Chair of Global Water Partnership -Margaret Catley-Carlson, President, Population Council -Gordon Conway, President, The Rockefeller Foundation -Mohamed T. El-Ashry, Chair and CEO of the Global Environment Facility -Howard Hjort, former Deputy Director, FAO -Enriquo Iglesias, President, Inter-American Development Bank -Yolanda Kababadse, President, World Conservation Union -Jessica Mathews, President, Carnegie Endowment for International Peace, USA -Robert S. McNamara, Co-Chair, Global Coalition for Africa -Maurice Strong, Chair, Earth Council, member of Commission on Global Governance, and a chief adviser in charge of the UN reform process -Wilfred Thalwitz, former Senior VP, World Bank -Jerome Mondo, Chair of the Supervisory Board, Suez Lyonnaise des Eaux
In March of 2000, the forum made the following statement:
“Water is an economic good and its economic value should be recognized in the allocation of scarce water resources to competing uses. While this should not prevent people from meeting their basic needs for water services at affordable prices, the price for water must be set at a level that encourages conservation and wise use...” http://www.waternunc.com/gb/secwwf11.htm
This methodology of artificially raising prices through the issuance of securities to enforce a particular environmentalist ideal, in the end, has NOTHING to do with protecting the environment. Essentially, it creates the derivitization of natural resources that is the calling card of globalized tyranny. Cap and Trade programs were designed to monetize air usage. Energy derivatives were used by Enron to allow easier manipulation of electric and oil prices. Water privatization was designed to corporatize a free flowing resource and create artificial scarcity. And now, World Bank wants to apply the same con game to one of the last economic commons; the ocean. The only beneficiaries in these schemes have always been large conglomerates, along with a smattering of stock investors who revel in the idea of erecting entire markets out of absolutely imaginary products with no real inherent value.
As with water privatization, the flood of massive bureaucracy in the guise of corporate management over oceanic usage will only create a mind boggling maze of red tape that will thwart all business interests except the largest. This is entirely deliberate.
Not only does it cause prices to rise to levels beyond what the impoverished (a global majority) can pay for a commodity, but it also squeezes out small business owners whose only advantage was the level playing field of an open resource. On the oceans of World Bank, a small fishing outfit will have no chance to make a living, because the permit process, new taxes, and new legal requirements, will empty their bank accounts before they ever get started, leaving only the big boys to ravage the seas at will, and legally, because they will have paid the exorbitant fees for the right to do so.
There is also a very good reason why Zoellick at the World Oceans Summit mentioned fishery issues so often, and why he is so keen on the idea of international regulations on their operations.
On dry land, companies like Monsanto are the slavemasters of food supply. The centralization of national farming infrastructures has given these companies unrivaled power over how we eat, and thus, how most of the populace survives. However, the ocean, an unparalleled food source, is still a decentralized region of production. Anyone can fish it, almost anywhere, without having to ask permission from the government, or a private company. This obviously does not sit well with World Bank, not because they fear overfishing, but because it provides a sovereign means of survival, allowing people to remain independent from the globalist system.
By utterly corporatizing resources that have through all of time been freely accessible to every human being, World Bank and the elitists they serve hope to build a framework for total centralization of all means of production and sustenance on Earth. Does this sound like mad scientist stuff? Absolutely. Does that make it any less factual or terrifying? Not a chance.
The real cleverness in using the environmental aspect of ocean management lay in the reality that there is, indeed, severe damage being done to many parts of the ocean’s ecosystems. Cap and trade is based on the lie of anthropomorphic global warming and highly misrepresented data on the effects of CO2 (just ask any global warming enthusiast why NASA and the CRU have never released the source data for their experiments to prove that their claims are true). The monetization of the air we breathe can be defeated in the minds of the general public for this reason. But with the oceans, legitimate pollution is occurring. This gives World Bank a much more tangible argument for supranational regulation in the name of environmentalism. What people must realize, though, is that this regulation will have no effect on the deterioration of the seas. In fact, it will likely hasten their destruction.
The international nature of how the oceans are utilized also opens the globalization door to World Bank. When a supranational entity is given de facto governance over a region that is used by all sovereign countries, it gives that entity the ability to interfere in the decision making processes of those nations without any input or respect to the people who live within them. For Americans, this means being susceptible to laws created by men far outside our borders who we cannot vote in, vote out, or chase down with our pitchforks when the voting is rigged. This has always been the goal of globalists; to create the most dominant and unaccountable ruling body in history, while at the same time convincing the masses that we cannot live without it.
At bottom, centralization is the foundation for the collectivist fallacy; that there is a “greater good” that must be maintained by the establishment. This process makes the establishment indispensable in the minds of the public. The elites in power today have chosen environmental dogma as their version of the “greater good”, because the “end of the world as we know” can be used to rationalize almost any brand of despotic behavior, from food and water rationing as a method for social conditioning, to population control or even depletion in the name of “saving the planet”. Always beware the true motivations of any governing institution that seeks to assert itself as the purveyor of all that is “best” for the people. Such groups are rarely if ever what they seem…
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Virginia Nullifies NDAA, Iran Oil Bourse, Illuminati Pimping - New World Next Week
With the faster reviews, there will be even less time spent on evaluating the potential dangers. Why? Because Monsanto is losing sales with longer approval terms.
The changes are expected to take full effect in March when they’re published in the Federal Register. The USDA’s goal is to cut the approval time for GMO crops in half in order to speedily implement them into the global food supply. The current USDA process takes longer than they would like due to ‘public interest, legal challenges, and the challenges associated with the advent of national organic food standards‘ says USDA deputy administrator Michael Gregoire.
According to the United States Department of Agriculture, problems like public interest (activist groups attempting to bring the dangers of GMO crops to light), legal challenges (farmers suing Monsanto over genetic contamination), and national food standards are all getting in the way of their prime goal — to help Monsanto unleash their latest untested GMO creation. In fact, the concern is that Monsanto may be losing cash flow as nations like Brazil speed genetically modified seeds through laughable approval processes.
Steve Censky, chief executive officer of the American Soybean Association, states it quite plainly. This is a move to help Monsanto and other biotechnology giants squash competition and make profits. After all, who cares about public health?
'It is a concern from a competition standpoint,' Censky said in a telephone interview.
Today, without much fanfare, US debt to GDP hit 101% with the latest issuance of $32 billion in 2 Year Bonds. If the moment when this ratio went from double to triple digits is still fresh in readers minds, is because it is: total debt hit and surpassed the most recently revised Q4 GDP on January 30, or just three weeks ago. Said otherwise, it has taken the US 21 days to add a full percentage point to this most critical of debt sustainability ratios: but fear not, with just under $1 trillion in new debt issuance on deck in the next 9 months, we will be at 110% in no time. Still, this trend made us curious to see who has been buying (and selling) US debt over the past year. The results are somewhat surprising. As the chart below, which highlights some of the biggest and most notable holders of US paper, shows, in the period December 31, 2010 to December 31, 2011, there have been two very distinct shifts: those who are going all in on the ponzi, and those who are gradually shifting away from the greenback, and just as quietly, and without much fanfare of their own, reinvesting their trade surplus in something distinctly other than US paper. The latter two: China and Russia, as we have noted in the past. Yet these are more than offset by... well, we'll let the readers look at the chart below based on TIC data and figure out it.
That the Fed is now actively monetizing US debt is beyond dispute (although some semantic holdouts remain - we are quite happy for them). Alas, with China, which has traditionally been the biggest buyer of US paper, no longer buying Treasurys, we are confident that the Fed will have no choice but to be dragged kicking and screaming once again into the fray, especially since traditional buyers of paper, even when allowing for exponential repo market leveraging (and someone please look at what is going on in the BoNY, State Street sponsored $15 trillion quicksand of repo'ed securities, which is the biggest black hole in the shadow banking system and will be the next pillar of the ponzi system to collapse) will be unable to keep up with US issuance. Especially since Primary Dealers already saw their Treasury holding rise to an all time high in the past week, and are loaded to the gills with US paper. So who is buying? Why Japan and the UK.
Japan and the UK? Hmm, if these two names sound oddly familiar, allow us to refresh one's memory. Behold the pristine leverage condition of both these two countries, in all its glory.
Hint: look at the far left.
So somehow the world's two most indebted countries (recall that Japan is about to in total pass 1 quadrillion debt) are out there and buying up the biggest amount of US debt (after the Fed of course)? Sorry, but while we are amusing by this attempt by the global ponzi regime to keep itself alive (even as Russia and China prudently step aside from the mauling that is sure to follow), whereby the most indebted nations keep buying each other's debt in the most transparent and potentially deadly shell game in history, we are also confident this is unsustainable. Which means the Fed will have no choice but to step in. And since when it comes to the capital markets, the ride up is over since we have now crossed the point where incremental profits are drowned by incremental input costs (thank you $106 WTI), the Fed now has just one mandate: to keep the US fiscal machine well-greased by buying up US debt at zero (and beginning in May negative) rates, through wanton monetization. 2012 may prove to be quite eventful after all.
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This blogger, Steven G. Erickson, is upset. It has been a hard couple of weeks. I thought I had employment and lodging. I don't. For whatever reason a rug was pulled out from under my feet.
I have just coins in my pocket. No paper money. It does suck.
I went from having 3 houses, a family, and from working days, nights, weekends, and often 7 days a week, I was facing early retirement and a life of comfort from all of my hard work. Terrorist, terrorizing police and their rigged courts saw to it that all of my efforts would be punished in a very cruel way. I was railroaded to prison and now I have nothing. I almost froze to death, one Winter, out in the snow in the woods in Vermont. The American Dream can now be a daily, living Nightmare.
After hearing from Ritt Goldstein, Rich Murzin, Jeffrey R. Yeaw, Kathleen Dickson, Chris Kennedy, Michael Nowacki, and so many others, I realize that I am not alone. Anyone who stands up to tyranny is a target of the machine.
I want to report out on the road. I want to help produce a fictional independent movie to show those with a 30 second attention span what is really going on. I don't have funding and don't have a job, so that dream is not reality. Keeping warm and keeping fed is a real concern. Having worked my entire life, honestly, this should not exist in a supposedly Free Country. Hard work, raising a family, owning a home, and being self-employed or having a small business can be punished in modern America.
Bradley Manning reported War Crimes, Crimes Against Humanity, and Murders, that was bad. Committing War Crimes, Crimes Against Humanity, and Murders, that was good. Complaining about public corruption, police brutality, and judicial misconduct and you are very ugly, citizen.
If the international corporations and banks are the ones really in charge of the US government and military we would be getting what we are getting. We are under armed occupation. Americans must be very weak. They, and we, just sit, and wait for that knock on our doors.
We aren't allowed to grow our own food, small businesses and the self-employed are under siege, and anyone who is outspoken is a target.
-stevengerickson AT yahoo.com
Whistleblowers improvement act to weaken whistleblowers rights?
The House Subcommittee on Capital Markets and Government-Sponsored Enterprises passed a bill that severely dwindles protection for whistleblowers on Thursday. The bill necessitates the whistleblower to confront the enterprise in question before going to a regulatory agency and has the support of many lobbyists including the US Chamber of Commerce. Many critics believe the bill makes it easier for firms to retaliate against whistleblowers. Kathleen McClellan, attorney for the Government Accountability Project, joins us to explore how this bill could make whistleblower rights vanish completely.
The below post with the Michael Nowacki of New Canaan Connecticut with embedded video is getting a lot of attention in the circles that want to do something about the US rigged court system:
Profiled for contacting elected officials?
The picture of Michael Nowacki of New Canaan, Connecticut, is [found here] and was originally found as part of a greenwichtime.com article, a subsidiary of Hearst Communications Inc. Anyone who questions authority in Connecticut can be toasted. Your state could be as bad. Michael Nowacki might have legitimate gripes, but going to elected officials to redress grievances, supposedly protected under the First Amendment, can end up in a series of arrests, convictions, property loss, and prison.
Connecticut State Senator Edwin Gomes seems to have let the cat out of the bag. I interpreted what Gomes said to mean that elected officials profile citizens. Profiling means police stalking of a citizen, his or her being put under surveillance where emails are read and phone calls listened to, where a citizen is put under a spotlight, any activity can be used as an excuse for an arrest, and once in the court system the maximum fines, jail time, and harshest conditions will apply. Friends and family can be stalked by police to terrorize any supporters of a target into keeping their distance. There is allegedly 24 lawyers out of 45 Judiciary Committee Committee legislators in the State of Connecticut. [Their bios dumped here, some interesting associations, that should raise red flags]. Who are the real terrorists, are they meeting secretly with an agenda to further harm you and to America? [more from source]
Former KBR Inc. chief executive Albert "Jack" Stanley arrives at the federal courthouse for sentencing, Thursday, Feb. 23, 2012, in Houston for his role in in a scheme to bribe Nigerian officials. (AP Photo/Pat Sullivan) Albert Stanley, Former Halliburton Exec, Sentenced In Bribery Scheme by John Rudolf [original source of article]
A former top Halliburton executive will serve 2 1/2 years in prison after pleading guilty in Houston federal court to orchestrating a $180 million bribery scheme to secure $6 billion in natural gas deals in Nigeria, the Justice Department announced Thursday.
Albert "Jack" Stanley is the former CEO of KBR, a Halliburton subsidiary at the time of the bribes; he was tapped to run the company in 1998 by future Vice President Dick Cheney, who ran Halliburton between 1996 and 2000. Cheney was not charged in the case.
KBR, spun off by Halliburton in the wake of the scandal, called the scheme an "unfortunate chapter" in its "rich and storied history" after pleading guilty to corporate criminal charges in 2009.
The investigation of the bribes crossed four continents over 10 years and involved five companies in Europe, the U.S., Japan and Nigeria. Criminal and civil penalties in the case have yielded more than $1.7 billion in fines, forfeitures and other sanctions.
"This case shows the importance the department places on putting an end to foreign bribery," Mythili Raman, a prosecutor with the Justice Department's criminal division, said in the Feb. 23 announcement.
Stanley, 69, who also pleaded guilty to mail and wire fraud in a separate kickback scheme, agreed to pay $10.8 million in addition to incarceration. He faced a maximum of seven years in prison, but prosecutors said the lighter sentence was merited by his "substantial cooperation" in the investigation. Stanley had pleaded guilty in September 2008, but his sentencing was delayed 16 times, according to Reuters.
Two co-conspirators in the bribery scheme -- Jeffrey Tesler, 63, a British lawyer, and Wojciech J. Chodan, a salesman for KBR's British subsidiary -- were also sentenced Thursday.
According to the Justice Department, Tesler served as the principal bagman in the scheme, steering more than $180 million in bribes to Nigerian officials between 1994 and 2004 to secure natural gas contracts worth $6 billion. He was ordered to serve 21 months in prison and a pay a $25,000 fine. He had also agreed to forfeit $149 million under the terms of a 2009 plea agreement.
Chodan previously agreed to forfeit $726,000 and was sentenced to one year of probation.
In a statement to U.S. District Judge Keith Ellison, Stanley requested leniency, saying that he had been raised on "traditional American values of hard work, honesty and integrity."
"But somewhere along the way my values were compromised, through ambition, ego or alcoholism," Stanley said, according to Bloomberg.
The U.S. investigation never reached Cheney, despite his leadership role at Halliburton during the time of the scheme. Nigerian officials announced in December 2010 that Cheney would be charged criminally as part of an anti-corruption investigation into the bribes, but those charges were dropped after Halliburton paid a $35 million settlement related to the case.
Under questioning from Judge Ellison, Brad Simon, a lawyer for Tesler, said that bribery remains widespread in Nigeria, one of the world's top oil producers and a key source of imported oil for the U.S.
"It was a fact of life and continues to be a fact of life in Nigeria," Simon said.
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Judge: State can't make druggists sell Plan B contraceptive
Pharmacists will not be required to sell Plan B or other emergency contraceptives. A federal judge ruled Wednesday the requirement infringed on the religious freedom of pharmacists who believe life begins at conception.
TACOMA — Washington state cannot force pharmacies to sell Plan B or other emergency contraceptives, a federal judge ruled Wednesday, saying the state's true goal has been to suppress religious objections by druggists — not to promote timely access to the medicines for people who need them.
U.S. District Judge Ronald Leighton sided with a Ralph's Thriftway pharmacy and two pharmacists who said state rules requiring them to dispense Plan B violate their constitutional rights to freedom of religion because such drugs can prevent implantation of a fertilized egg, which they consider equal to abortion.
Washington's rules require that pharmacies stock and dispense drugs for which there is a demand. The state adopted the dispensing regulations in 2007, after reports that some women had been denied access to Plan B, which has a high dose of medicine found in birth-control pills and is effective if a woman takes it within 72 hours of unprotected sex.
State lawyers argued that the requirements are legal because they apply neutrally to all medicines and pharmacies, and because they promote a government interest: the timely delivery of medicine, including Plan B, which becomes less effective as time passes.
But Leighton ruled that the state allows all sorts of business exemptions to the rules. Pharmacies can decline to stock a drug, such as certain painkillers, if it's likely to increase the risk of theft, requires too much paperwork, or is temporarily unavailable from suppliers, for example.
"The most compelling evidence that the rules target religious conduct is the fact the rules contain numerous secular exemptions," the judge said. "In sum, the rules exempt pharmacies and pharmacists from stocking and delivering lawfully prescribed drugs for an almost unlimited variety of secular reasons, but fail to provide exemptions for reasons of conscience."
Elaine Rose, chief executive officer of Planned Parenthood Votes Northwest, said the issue was never about Plan B specifically but about the rights of patients. "Really, this is a blow to access for all patients," she said.
"The real issue is when a person walks into a pharmacy with a prescription for a legitimate, legal medication, whether they are going to have that filled by the person behind the counter," Rose said. If any pharmacist or pharmacy can object to dispensing a drug, she said, "Where is this going to stop?"
The state rules have technically been in effect during the long trial process, but state officials agreed with the judge not to pursue any emergency-contraceptive complaints against the plaintiffs pending the trial's end, said Department of Health spokesman Donn Moyer, and to consult with the judge before pursuing similar complaints against other pharmacies or pharmacists.
The decision comes as contraception is being debated in political and health-care circles around the nation. This month, religious groups protested a new federal rule requiring church-affiliated universities, hospitals and nonprofits to include birth control in their insurance plans.
The outcry prompted President Obama to change the rule to shift the burden from religious organizations to insurance companies. Lawmakers in a few conservative states have fashioned proposals that serve as direct challenges to Obama's ruling.
Leighton, in his decision Wednesday, did not strike down Washington's rules, but said the way they were applied to the plaintiffs was unconstitutional.
He also said the state was enforcing its rules selectively, never having taken action against Roman Catholic hospitals, whose inpatient pharmacies give Plan B only to sexual-assault victims and whose outpatient pharmacies don't stock the drug at all.
The state remains free to try to enforce the law against other pharmacies that violated the stocking and dispensing rules for Plan B or other drugs; it's not clear whether courts would reach a similar conclusion if pharmacies objected to selling other drugs for religious reasons.
"I remain concerned about the impacts on patients if pharmacies are allowed to refuse to dispense lawfully prescribed or lawful medications to patients," said Gov. Chris Gregoire, who insisted on the dispensing rule's adoption. "I am especially concerned about those living in rural areas, many of whom may have few alternatives and could suffer lengthy delays in receiving medication or go without entirely."
The judge, an appointee of President George W. Bush, first blocked the state's dispensing rule in 2007. But a 9th U.S. Circuit Court of Appeals panel overruled him, saying the rules did not target religious conduct. It sent the case back to Leighton, who held an 11-day trial before reaffirming his original decision.
Further appeals were expected, both from the state and from groups that intervened on the state's behalf. Before taking more than an hour to read his 48-page opinion in court, Leighton acknowledged that he crafted it for the benefit of a "skeptical" appeals court.
The interveners included women who were denied timely access to Plan B when they needed it — one of whom cut short a vacation to return home to Bellingham, where she knew she could obtain Plan B from her regular pharmacy — as well as HIV patients, who argued that if druggists could refuse to dispense Plan B for religious reasons, some might also refuse to dispense time-sensitive HIV medications.
"The question really is whether the patient's rights come first or the pharmacist's rights come first," said Andrew Greene, a lawyer for the interveners.
Assistant Attorney General Rene Tomisser said Leighton's ruling was more detailed but made the same mistake he made in 2007.
Margo Thelen, of Woodland, Cowlitz County, one of the pharmacists who sued over the rules, said she had to leave one job because she refused to dispense Plan B — and now can continue at her new job without fear of being fired. "Speak to anyone who shops in a pharmacy," she said. "Their product isn't always available."
Seattle Times health reporter Carol M. Ostrom contributed
Baraboo, WI—Food sovereignty activists from around North America will meet at this tiny town on March 2 to support Wisconsin dairy farmer Vernon Hershberger and food sovereignty. Hershberger, who has a court hearing that day, is charged with four criminal misdemeanors that could land him in prison for three years with fines of over $10,000. The Wisconsin Department of Agricultural Trade and Consumer Protection (DATCP) targeted Hershberger for supplying a private buying club with fresh milk and other farm products.
DATCP has charged Hershberger with, among other things, operating a retail food establishment without a license. Hershberger repeatedly denies this, citing that he provides foods only to paid members in a private buying club and is not subject to state food regulations. "There is more at stake here than just a farmer and his few customers," says Hershberger, "this is about the fundamental right of farmers and consumers to engage in peaceful, private, mutually consenting agreements for food, without additional oversight."
At a pre-court rally scheduled for 11:00 at in front of the Sauk County Courthouse in Baraboo, food rights activists will read and distribute a "Declaration of Food Independence" that asserts inherent rights in food choice. A signing ceremony will be part of the rally. The signers expect the declaration will inspire a growing food sovereignty movement. Speakers at the rally will include members of Hershberger's club.
Hershberger and other farmers around the country have been and are facing state or federal charges against them for providing fresh foods to wanting customers. In recent months the FDA has conducted several long undercover sting operations and raids against peaceful farmers and buying clubs that have resulted in farms shutting down and consumers without access to their food. http://www.infowars.com/farmer-faces-possible-3-year-prison-term-for-feeding-...
I was tipped after making the below video, Oct. '06, that I would be arrested if I showed my face at a public hearing. I talked about blogging on Free Speech dot com and how word searches for Connecticut State Police Brutality and Judicial Misconduct in the State of Connecticut being #1. Then Free Speech went down and all of my posts removed. I showed up in Stonington Connecticut and my two laptops and my friends desktop computer fried all at the same time. That has happened a number of times elsewhere too. Free Speech's servers fried a number of times. Everything in Chris Kennedy's house fried, but not at his neighbors at the same time everything electronic fried at the horse farm I was staying at in Mass, but not the neighbors. So, what are police really up to behind the scenes? If I made another appearance after this one, I would have been arrested and in prison again: