Gold Holds Near 4-Week High


(Reuters) Gold steadied around its highest in nearly four weeks on Tuesday, but surrendered earlier gains after a report that Germany could smooth the way for Greece to get a bailout, which prompted investors to seek riskier assets.

The Wall Street Journal reported Germany is considering dropping its insistence on an early rescheduling of Greek bonds to allow for a new package of aid loans to prevent Athens from defaulting on its debt.

The drop in the dollar against the euro did little to whet demand for gold, which usually moves inversely to the U.S. currency, as the resulting improvement in risk appetite left bullion somewhat sidelined.

Spot gold rose to a session high of $1,540.36, its highest since May 4, before pulling back to $1,538.10 an ounce by 1430 GMT, flat on the day. June gold futures were up 0.1 percent at $1,538.10.

“At least to some degree, the sovereign debt issues with Greece and the other peripheral EU countries has been pretty well documented, so it’s not necessarily a surprise for the market,” said HSBC analyst James Steel.

“Gold has been rallying since the middle of May and is actually some sixty-odd dollars higher from the recent low, so it hasn’t done too badly.”

Yet gold is down 1.6 percent so far in May, hovering below a lifetime high around $1,575 touched early in the month and, although it has been a beneficiary of the investor nervousness over Greece, it has struggled to retain its gains.

Silver has fallen by 20 percent this month, platinum is down by nearly 2.5 percent and palladium has shed nearly 2 percent.

Meanwhile, European officials met to draft options for a second bailout package for Greece, with private sector participation still under discussion to help relieve the country of its massive debt burden.

EURO/GOLD IN FOCUS

The euro hit three-week highs against the dollar, before retreating, while gold priced in euros — sometimes used as a gauge to measure investor concern over the euro zone’s debt crisis over the last year, fell 0.7 percent on the day, having touched a record 1,088.11 euros an ounce last week.

The rise in investor risk aversion has translated into greater interest in owning gold, as reflected in last week’s net increase in global holdings of the metal in the world’s largest exchange-traded funds, the first weekly rise in a month.

Gold holdings are still down by over 500,000 ounces this month and down 0.68 pct in the year-to-date, but bullion ETFs have lured in more cash in May than other precious metals.

On the futures markets, speculators increased their holdings of gold for the first time since mid-April last week, according to data from the Commodity Futures Trading Commission, bringing total futures open interest to its highest since April 19.

“It’s crucial for markets to see whether Greece is actually sustainable and whether it can actually obtain the next 12 billion euros that is required for them to meet their funding needs in July,” said Ong Yi Ling, investment analyst at Phillip Futures in Singapore.

“I think silver was going up too fast and within too short a period of time. But I think on a longer-term basis after the sell off, you see that investors are slowly coming back.”

Silver rose 1.1 percent to $38.48 an ounce, having fallen by more than 20 percent in May — its biggest monthly decline since August 2008 — having struck a record $49.51 in April.

Platinum and palladium were both up on the day, benefiting from the pick-up in investor appetite for growth-linked assets.

Platinum was up by 1.7 percent on the day at $1,826.74 an ounce, while palladium rose 3 percent to $777.47.
Source-http://www.reuters.com/article/2011/05/31/us-markets-precious-idUSTRE74F62H20110531

Food Prices Set To Double By 2030, Aid Group Says


(cnbc) Food prices could double in the next 20 years and demand in 2050 will be 70 percent higher than now, U.K. charity Oxfam said on Tuesday, warning of worsening hunger as the global food economy stumbles close to breakdown.
“The food system is pretty well bust in the world,” Oxfam Chief Executive Barbara Stocking told reporters, announcing the launch of the Grow campaign as 925 million people go hungry every day.
“All the signs are that the number of people going hungry is going up,” Stocking said.
Hunger was increasing due to rising food price inflation and oil price hikes, scrambles for land and water, and creeping climate change.
‘An age of growing crisis’
Food prices are forecast to increase by something in the range of 70 to 90 percent by 2030 before taking into account the effects of climate change, which would roughly double price rises again, Oxfam said.
“Now we have entered an age of growing crisis, of shock piled upon shock: vertiginous food price spikes and oil price hikes, devastating weather events, financial meltdowns and global contagion,” Oxfam said in a report.
Entitled “Growing a Better Future: Food Justice in a Resource-Constrained World,” the report said: “The scale of the challenge is unprecedented, but so is the prize: a sustainable future in which everyone has enough to eat.”
The report assigns part of the blame to commodities traders, saying three companies control 90 percent of the trade in grain.
“Financial speculation must be regulated, and support dismantled for biofuels that displace food,” it said.
Stocking said she favored the introduction by regulators of position limits in agricultural commodities futures trading, noting that financial speculation aggravated price volatility.
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The report said: “The vast imbalance in public investment in agriculture must be righted, redirecting the billions now being ploughed into unsustainable industrial farming in rich countries towards meeting the needs of small-scale food producers in developing countries.”
Story: Drought in US, EU stressing crops, farmers
The report said the failure of the food system flowed from failures of government to regulate and to invest, which meant that companies, interest groups and elites had been able to plunder resources.
“Now the major powers, the old and the new, must cooperate, not compete, to share resources, build resilience, and tackle climate change,” it said.
“The economic crisis means that we have moved decisively beyond the era of the G8, when a few rich country governments tried to craft global solutions by and for themselves.
“The governments of poorer nations must also have a seat at the table, for they are on the front lines of climate change, where many of the battles — over land, water, and food — are being fought.”
Source-

Damn! Aussies To Be Fined For Swearing

(Breitbart) Australians may have a love of plain speaking but new laws are set to curtail some of their more colorful language with police issuing on-the-spot fines for obnoxious swearing.
The country’s second most populous state Victoria is due to approve new legislation this week under which police will be able to slap fines of up to Aus$240 (US$257) on people using offensive words or phrases.

Victorian Attorney-General Robert Clark said the penalties, similar to those issued for speeding or parking illegally, would free up police time.
“This will give the police the tools they need to be able to act against this sort of obnoxious behaviour on the spot, rather than having to drag offenders off to court and take up time and money in proceedings,” he said.

But even the state’s top lawyer admitted to swearing sometimes.

“Occasionally I mutter things under my breath as probably everybody does,” he told ABC radio.

“But this law is not targeted at that, it’s targeted at the sort of obnoxious, offensive behaviour in public that makes life unpleasant for everybody else.”
Source-

Activism Of The Day,Call The D.C. Park Police Over Abuse

(Thomas Dishaw) As I made my way through the news cycle this Memorial Day weekend,I came across a video of epic proportions. Most of you have seen the arrests that took place at the Jefferson Memorial If you are appalled as much as I am, please take time out of your busy day to call the D.C. Park police and voice your concern. Please be respectful to the operators,for they may be on our side. U.S. Park Police 24 hour Emergency Number (202) 610-7500. Office of the Chief (202) 619-7350. Human Resources Office (202) 619-7056. Public Information Office – Sgt. David Schlosser (202) 619-7163.

Collecting Rainwater Now Illegal In Many States

(NaturalNews) Many of the freedoms we enjoy here in the U.S. are quickly eroding as the nation transforms from the land of the free into the land of the enslaved, but what I’m about to share with you takes the assault on our freedoms to a whole new level. You may not be aware of this, but many Western states, including Utah, Washington and Colorado, have long outlawed individuals from collecting rainwater on their own properties because, according to officials, that rain belongs to someone else.

As bizarre as it sounds, laws restricting property owners from “diverting” water that falls on their own homes and land have been on the books for quite some time in many Western states. Only recently, as droughts and renewed interest in water conservation methods have become more common, have individuals and business owners started butting heads with law enforcement over the practice of collecting rainwater for personal use.

Check out this YouTube video of a news report out of Salt Lake City, Utah, about the issue. It’s illegal in Utah to divert rainwater without a valid water right, and Mark Miller of Mark Miller Toyota, found this out the hard way.

After constructing a large rainwater collection system at his new dealership to use for washing new cars, Miller found out that the project was actually an “unlawful diversion of rainwater.” Even though it makes logical conservation sense to collect rainwater for this type of use since rain is scarce in Utah, it’s still considered a violation of water rights which apparently belong exclusively to Utah’s various government bodies.

“Utah’s the second driest state in the nation. Our laws probably ought to catch up with that,” explained Miller in response to the state’s ridiculous rainwater collection ban.

Salt Lake City officials worked out a compromise with Miller and are now permitting him to use “their” rainwater, but the fact that individuals like Miller don’t actually own the rainwater that falls on their property is a true indicator of what little freedom we actually have here in the U.S. (Access to the rainwater that falls on your own property seems to be a basic right, wouldn’t you agree?)

Outlawing rainwater collection in other states

Utah isn’t the only state with rainwater collection bans, either. Colorado and Washington also have rainwater collection restrictions that limit the free use of rainwater, but these restrictions vary among different areas of the states and legislators have passed some laws to help ease the restrictions.

In Colorado, two new laws were recently passed that exempt certain small-scale rainwater collection systems, like the kind people might install on their homes, from collection restrictions.

Prior to the passage of these laws, Douglas County, Colorado, conducted a study on how rainwater collection affects aquifer and groundwater supplies. The study revealed that letting people collect rainwater on their properties actually reduces demand from water facilities and improves conservation.

Personally, I don’t think a study was even necessary to come to this obvious conclusion. It doesn’t take a rocket scientist to figure out that using rainwater instead of tap water is a smart and useful way to conserve this valuable resource, especially in areas like the West where drought is a major concern.

Additionally, the study revealed that only about three percent of Douglas County’s precipitation ended up in the streams and rivers that are supposedly being robbed from by rainwater collectors. The other 97 percent either evaporated or seeped into the ground to be used by plants.

This hints at why bureaucrats can’t really use the argument that collecting rainwater prevents that water from getting to where it was intended to go. So little of it actually makes it to the final destination that virtually every household could collect many rain barrels worth of rainwater and it would have practically no effect on the amount that ends up in streams and rivers.

It’s all about control, really

As long as people remain unaware and uninformed about important issues, the government will continue to chip away at the freedoms we enjoy. The only reason these water restrictions are finally starting to change for the better is because people started to notice and they worked to do something to reverse the law.

Even though these laws restricting water collection have been on the books for more than 100 years in some cases, they’re slowly being reversed thanks to efforts by citizens who have decided that enough is enough.

Because if we can’t even freely collect the rain that falls all around us, then what, exactly, can we freely do? The rainwater issue highlights a serious overall problem in America today: diminishing freedom and increased government control.

Today, we’ve basically been reprogrammed to think that we need permission from the government to exercise our inalienable rights, when in fact the government is supposed to derive its power from us. The American Republic was designed so that government would serve the People to protect and uphold freedom and liberty. But increasingly, our own government is restricting people from their rights to engage in commonsense, fundamental actions such as collecting rainwater or buying raw milk from the farmer next door.

Today, we are living under a government that has slowly siphoned off our freedoms, only to occasionally grant us back a few limited ones under the pretense that they’re doing us a benevolent favor.

Fight back against enslavement

As long as people believe their rights stem from the government (and not the other way around), they will always be enslaved. And whatever rights and freedoms we think we still have will be quickly eroded by a system of bureaucratic power that seeks only to expand its control.

Because the same argument that’s now being used to restrict rainwater collection could, of course, be used to declare that you have no right to the air you breathe, either. After all, governments could declare that air to be somebody else’s air, and then they could charge you an “air tax” or an “air royalty” and demand you pay money for every breath that keeps you alive.

Think it couldn’t happen? Just give it time. The government already claims it owns your land and house, effectively. If you really think you own your home, just stop paying property taxes and see how long you still “own” it. Your county or city will seize it and then sell it to pay off your “tax debt.” That proves who really owns it in the first place… and it’s not you!

How about the question of who owns your body? According to the U.S. Patent & Trademark office, U.S. corporations and universities already own 20% of your genetic code. Your own body, they claim, is partially the property of someone else.

So if they own your land, your water and your body, how long before they claim to own your air, your mind and even your soul?

Unless we stand up against this tyranny, it will creep upon us, day after day, until we find ourselves totally enslaved by a world of corporate-government collusion where everything of value is owned by powerful corporations — all enforced at gunpoint by local law enforcement.

Learn more:

Cell Towers Hidden In Church Steeples

(NaturalNews) The long term effects of cell phone towers on health are not certain, but cell phone companies are doing whatever they can to get as many towers out there as possible. Most towers are fairly obvious, but recently they are being disguised as trees, hidden in flag poles, and even placed neatly inside church steeples.

The U.S. Food and Drug Administration as well as phone companies state that cell towers do not pose a health risk to those living around them. Cell phones and their accompanying towers have not been around long enough to judge what long term effects they will have on the human body over time. Martin Cooper invented the first cell phone in 1973. It weighed two pounds and since there was such an expense they were only used by the military and some businesses. In the 1980s they became smaller and less expensive, but they didn`t really become mainstream until much later. It was about 2002 for the US that over 50% of the population were cell phone subscribers. Today that number is up to 91%. In 2009, more than half the world`s population, an estimated 4.1 billion people, owned a mobile phone, according to the United Nations.

Researchers have tried to create comparisons so an educated guess can be made as to whether there is a risk in living near a cell tower. A 2006 report from the World Health Organization noted that after some fifty years of human exposure to Radio Frequency signals from FM radio and television, which are similar to cell phone towers, there are no known negative effects on health. As reassuring as this seems, some studies have shown otherwise. An Australian study found that children living near TV and FM broadcast towers in Sydney had more than twice the rate of leukemia than children living over seven miles away. Dr. Neil Cherry, a biophysicist at Lincoln University in New Zealand, stresses: “Public health surveys of people living in the vicinity of cell base stations should be carried out now, and continue progressively over the next two decades. This is because prompt effects such as miscarriage, cardiac disruption, sleep disturbance and chronic fatigue could well be indicators of the adverse effects. Symptoms of reduced immune system competence, cardiac problems, especially of the arrhythmic type, and cancers, especially brain tumor and leukemia, are probable.”

Without a clear answer as to the effects of cell towers it is surprising that they are popping up everywhere. Churches low on cash or in need of repairs may find having a tower on their property beneficial. Phone companies pay rent for their placement and this can be up to $2000 a month. The company benefits greatly in this exchange; because even if a wise community has rejected a new tower, church property is often exempt from local zoning, land use laws and regulations pertaining to cell towers. Many of these churches are also home to daycare centers, and because of the way these new towers are hidden, people living around them or attending church inside may have no idea they are that close to a cell tower.

The International Association of Fire Fighters in 2004 came out against the use of firehouses for cell antennas. They decided to ere on the side of caution “until a study with the highest scientific merit” can prove they are safe. While none of us can be certain about the long term effects of cell towers, many choose to at least be informed. www.antennasearch.com offers a free service to check the location and type of towers and antennas in your area.

Learn more:

115 Quakes Recorded At Taal Volcano In 24 Hours

(inquirer.net) Taal Volcano was rocked by 115 earthquakes in the past 24 hours, the highest number of tremors recorded in the area since the Philippine Institute of Volcanology and Seismology placed the restive volcano under Alert Level 2 last April.
It was the highest number in a day, a jump from the average of 10 mild quakes daily since alert level 2 (increasing restiveness) was hoisted over Taal on April 9, said Jaime Sincioco, officer-in-charge of the Volcano Monitoring and Eruption Prediction Division of Phivolcs, in a phone interview.
He said that in the series of the 115 volcanic quakes recorded up to 3 a.m. Monday, 12 were of intensity 1 to 4 and “were felt by the residents” on the volcano island.
The strongest quake, also since April 9, was felt at intensity 4 at around 1:05 a.m.
Phivolcs said residents around the volcano in Taal, Batangas heard rumbling sounds and felt up to Intensity IV earthquakes but no physical changes were left on the ground, Sincioco said.
Julio Sabit, head of the volcano monitoring division, said the earthquakes were an indication that Taal will continue to be restive.
Phivolcs’ bulletin said the volcano’s increased seismic activities and sustained high emission rate of carbon dioxide being released in its main crater lake meant that magma has been intruding towards the surface.
It advised the public that the main crater, the Daang Kastila Trail, and Mt. Tabaro on the island remained off-limits to everybody.
In a Radyo Inquirer interview, Sabit said that the quakes were “part of its on-going activity, if you would notice, its already on Alert level 2, meaning… there is a confirmed rising of magma from below, so these tremors are part of the episodic rising of magma.”
“Taal volcano has experienced earthquake swarms long before, ever since the 90’s, but it has not erupted.”
Sabit also added that “The volcano’s activity varies because previously the quakes were scattered in several areas but the recent ones were clustered in one area.”
Asked whether the recent fish kill incident in Sampaloc Lake was connected to the quakes, Sabit said that “the fish kill occurred in one area, if volcanic activity caused it, it should have affected the area near the volcano first. San Pablo City, Laguna is quite far from the Taal volcano.”
Sabit said that the fish were probably killed because of the sudden change in temperature.
Although the number of quakes recorded last Sunday was a “remarkable” increase from the previous day—there were only 10 volcanic quakes observed on May 29—Sabit said Phivolcs would still not upgrade to 3 the alert level on the volcano. Sincioco said Phivolcs said that monitoring will continue in the coming days.
“If this (high number of volcanic quakes) is sustained, it could eventually lead to an eruption,” he said.
Allan Loza, resident volcanologist at the Taal Observatory based in Talisay, Batangas, said the increased number of volcanic quakes should not cause panic, but residents should be “doubly cautious.”
Sincioco said that as what had happened sometime in 1994, numerous volcanic quakes “reaching over a thousand” were also recorded over Taal but did not culminate in an eruption.
Island residents, meanwhile, refused to evacuate from their homes despite the increased volcanic activity, said Talisay mayor Zanaida Mendoza.
Taal volcano has had 33 eruptions since 1572, the latest was on October 3, 1977. Its major eruptions happened in 1965 to 1970 and in 1976 to 1977.
Taal volcano in Batangas province is about 400 kilometers by land from Mayon volcano in Albay and about 470 kms from Bulusan in Sorsogon. Mayon and Bulusan volcanoes are both under an alert level 1 low-level unrest.

Gold To Hit $1750 In The Short Term

(bmg) CNBC discuss how a weak Greenback and Eurozone debt troubles have helped support the gold market in recent weeks and that growing inflationary fears may now push gold even higher.

Guest Juerg Kiener, CIO (5.91 ↑0.00%) of Swiss Asia Capital believes any exit from the futures markets due to increased margin calls will see more people move into the physical ownership of bullion.

He adds that gold will hit $1750 an ounce in the short term with silver hitting $60 an ounce and that gold could hit multiple thousands of dollars by 2016 with silver above $100.

Kiener concludes by saying that as trust erodes in Governments of the West, we will see further loss of purchasing power of fiat currencies and he believes a partial gold standard will be introduced within 3 – 5 years. Continue @ http://blog.bmgbullion.com/preciousmetals/gold/gold-to-hit-1750-in-the-short-term/

Terrorist ‘Pre-Crime’ Detector Tested In United States

(Sharon Weinberger) Planning a sojourn in the northeastern United States? You could soon be taking part in a novel security programme that can supposedly ‘sense’ whether you are planning to commit a crime.

Future Attribute Screening Technology (FAST), a US Department of Homeland Security (DHS) programme designed to spot people who are intending to commit a terrorist act, has in the past few months completed its first round of field tests at an undisclosed location in the northeast, Nature has learned.

Like a lie detector, FAST measures a variety of physiological indicators, ranging from heart rate to the steadiness of a person’s gaze, to judge a subject’s state of mind. But there are major differences from the polygraph. FAST relies on non-contact sensors, so it can measure indicators as someone walks through a corridor at an airport, and it does not depend on active questioning of the subject.

The tactic has drawn comparisons with the science-fiction concept of ‘pre-crime’, popularized by the film Minority Report, in which security services can detect someone’s intention to commit a crime. Unlike the system in the film, FAST does not rely on a trio of human mutants who can see the future. But the programme has attracted copious criticism from researchers who question the science behind it (see Airport security: Intent to deceive?).

From fiction to fact

So far, FAST has only been tested in the lab, so successful field tests could lend some much-needed data to support the technology. “It is encouraging to see an effort to develop a real empirical base for new technologies before any policy commitments are made,” says Tom Ormerod, a psychologist in the Investigative Expertise Unit at Lancaster University, UK. Such testing, he adds, could lay the groundwork for a more rigorous randomized, controlled, double-blind study.

According to a privacy-impact statement previously released by the DHS, tests of FAST involve instructing some people passing through the system to carry out a “disruptive act”. Ormerod questions whether such role-playing is representative of real terrorists, and also worries that both passengers and screeners will react differently when they know they’re being tested. “Fill the place with machines that go ping, and both screeners and passengers start doing things differently.”

In lab tests, the DHS has claimed accuracy rates of around 70%, but it remains unclear whether the system will perform better or worse in field trials. “The results are still being analysed, so we cannot yet comment on performance,” says John Verrico, a spokesman for the DHS. “Since this is an ongoing scientific study, tests will continue throughout coming months.”
Some scientists question whether there really are unique signatures for ‘malintent’ — the agency’s term for the intention to cause harm — that can be differentiated from the normal anxieties of travel. “Even having an iris scan or fingerprint read at immigration is enough to raise the heart rate of most legitimate travellers,” says Ormerod.

Steven Aftergood, a senior research analyst at the Federation of American Scientists, a think-tank based in Washington DC that promotes the use of science in policy-making, is pessimistic about the FAST tests. He thinks that they will produce a large proportion of false positives, frequently tagging innocent people as potential terrorists and making the system unworkable in a busy airport. “I believe that the premise of this approach — that there is an identifiable physiological signature uniquely associated with malicious intent — is mistaken. To my knowledge, it has not been demonstrated,” he says. “Without it, the whole thing seems like a charade.”

As for where precisely FAST is being tested, that for now remains a closely guarded secret. The DHS says that although the first round was completed at the end of March, more testing is in the works, and the agency is concerned that letting people know where the tests are taking place could affect the outcome. “I can tell you that it is not an airport, but it is a large venue that is a suitable substitute for an operational setting,” says Verrico.
Source-http://www.nature.com/news/2011/110527/full/news.2011.323.html

School Bans High-Fives, Handshakes And Hugs

(Straits Times) A LONDON school has banned pupils from giving each other high-fives, handshakes – or even hugs.

Governors imposed the ‘no contact’ rule as they say it prevents fighting or bullying.

Dayna Chong, 15, was thrown into detention for cuddling a female pal at The Quest Academy, in Croydon, South London.

She said: ‘I was just hugging my friend in the morning to say hello and I had to sit on my own and miss out on break because of it.’

A parent said, ‘School is supposed to be where we start teaching our children how to be social – shaking hands, hugging, opening up. You need an embrace to comfort you when things go wrong. I’ve never heard of anything so crazy in my life.’

Another 15-year-old student got into trouble for giving a friend a high-five.

A spokesman for the school said: ‘Physical contact between students is not allowed because it is often associated with poor behaviour or bullying and can lead to fighting.
Source-http://www.straitstimes.com/BreakingNews/World/Story/STIStory_673618.html

25 Ways To Save Hundreds On Your Monthly Expenses

(Investing Answers) It’s often times easier to save 10% than it is to increase your monthly income by the same amount.

And you don’t necessarily have to make drastic changes to free up extra money each month — these changes can be as simple as switching to low-octane gasoline or cooking more meals at home. Over the course of a month, these small changes can add up to big savings.

Here are 25 ways to save that can add hundreds of dollars to your bottom line.

1. Plan a budget and stick to it. Nothing’s worse for your monthly finances than not planning ahead. If you know an obstacle is on the horizon, such as a car payment or other bills, prepare for it by setting the money aside. Additionally, make a list of your monthly income and expenses and budget the money required to make ends meet.
2. Track your expenses. Keeping track of how much you spend not only prevents you from bouncing checks, it also helps keep you on top of your budget. With either your checkbook or online bank account — or with personal finance sites like Mint.com — tally your spending at the end of each month and audit areas where you could stand to tighten the belt.

3. Cut out the cable. It’s hard to get a cable package nowadays for less than $100 a month. One alternative is to do away with it altogether. While this may seem drastic at first, you’d be surprised at how quickly you can adapt to life without cable. And it doesn’t necessarily mean you have to get rid of your TV — a cheap antenna still gives you access to local channels, and there’s always your DVD player when you’re in the mood for a movie. Just think about how much you can get done around the house when the TV isn’t calling your name.

4. Eat less meat. It’s almost expected in the U.S. to have meat with every meal, but in most parts of the world, meat is a luxury. Limiting your meat intake to just two or three meals a week can make a huge dent in your grocery bill.

5. End your gym membership. With all of the free alternatives, why pay the bloated fee for a gym membership? Jog in your neighborhood, lift weights in your garage, swim at your local public pool — there are plenty of options here. You might miss out on the networking possibilities of the gym, but if the recent LinkedIn IPO is any sign of its potential, this social network for the upwardly mobile is an excellent free alternative.

6. Sign up for Netflix. There’s a reason why Netflix (NYSE: NFLX) is one of the hottest stocks in the market right now. For around $20 a month, you can rent as many movies as you can watch, delivered direct to your mailbox. Or stream them online for added convenience. More and more companies are getting into this business, so you can bet the added competition will benefit the consumer with cheaper prices and increased availability.

7. Never go to the mall. It takes a strong-willed person to make it out of the mall without making a purchase. If you do need to go, have an objective in mind — like a particular store for an item you know is on sale — and avoid browsing, which can quickly turn into buying.

8. Become a one-car family. If you can manage one set of wheels, this option can amount to big savings every month — from loan payments, to upkeep, to fuel and insurance. Instead, take the bus or public transportation or ride share with your spouse or co-worker. Better yet, buy a bike and enjoy the health benefits of your daily commute.

9. Brown bag your lunch. $7 a day for a quick lunch quickly adds up over the course of a month — that’s easily around $150 bucks a month you could be using to pay off debt or create a savings.

10. Be your own hair stylist. While you might not want to cut your own hair or give yourself a perm, there’s still money to be saved by coloring it yourself or going to the salon less frequently for a style. And for simple cuts for kids, a $10 investment in scissors and a 20-minute lesson on YouTube can save you a trip to Super Cuts every two weeks.

11. Skip the vacation. Even if only for a year or two, cutting out the vacation is a good way to add a couple of grand a year to your bottom line. The trick is to make the most of your weekends and use the time to take care of projects you’ve been putting off (like reorganizing the garage or clearing out the clutter from your home). The immediate benefits of a tightly run ship will reinforce your objectives to do the same for your bank account.

12. “Stay-vacation” instead. Instead of spending the money on airfare, hotel, entertainment and meals, enjoy the sites in your own hometown instead. Chances are there are sites to see in your city that you’ve been too busy to enjoy. If it just doesn’t feel like a vacation if you’re in your own home, splurge on a local hotel for a couple of nights — you’ll still be saving on travel expenses and other costs of a traditional getaway.

13. Forget the daily latte. These little pick-me-ups don’t have to go away completely. Just try not to make a daily habit of the $5 cup of coffee. Brew your coffee at home or consider investing in your own espresso machine. Better yet, see if your workplace will pick up the tab on the coffee maker and test out your barista skills for your co-workers.

14. Cut the land line. With the growing preference for cell phones, most households could stand to do away with their land line altogether. Why pay the monthly expense — plus the added fees and taxes — when you’re just duplicating the service? And here’s a little-known tip: plugging a corded phone into a defunct phone jack still gives you access to 911 in case of emergencies.

15. Don’t buy books or music. Use the library instead. If you haven’t been to your local library in awhile, it’s time to get reacquainted. With a good public library, there’s no need for iTunes, Amazon or Netflix. Plus, you’re already paying for it with your taxes.

16. Make your own bottled water. Not only is the plastic a huge waste, the added cost is unnecessary when all you need is a water filter and a BPA-free plastic thermos to bottle your own water at home. Fill up at home and take it with you everywhere you go and you’ll reap the health benefits as well.

17. Take care of your car. It’s cheaper to keep your current car in good running condition than it is to buy a new one every three years. And with the advances in auto technology, there’s no reason why yours shouldn’t last for at least 100,000 miles. If you take care of your car — change the oil on time, perform all scheduled maintenances — it will take care of you.

18. Carpool. Even if you own a vehicle, you’ll benefit from teaming up with others heading in the same direction. Not only will you save on gas and maintenance by sharing the ride with a co-worker or neighbor, you’ll enjoy a stress-free commute.

19. Trim your utilities. Make it a habit to walk through your house and turn off lights in rooms not being used. If no one’s watching the TV, turn it off. Other quick tips include turning up your fridge, turning down your water heater and washing clothes and dishes only with full loads.
20. Pay your bills on time. Not only does it keep your credit score in good shape, but being prompt with bill payments also keeps away those unwanted late fees. Be diligent about keeping track of your bills and marking your calendar when they’re due and you’ll be on track to avoid any additional costs.

21. Leave your debit card at home. Carry $10 in cash with you in case of an emergency (like running out of gas), but leave your credit and debit cards at home where they’ll be inaccessible. This way, you’ll be less tempted to splurge on unnecessary items.

22. Comparative shop. If you must go shopping, or if you treat yourself to a big-ticket purchase, check around to make sure there isn’t a better deal elsewhere. Some of the best personal finance apps for smartphones offer services that will scan a barcode and check local and online prices for the best deals. Savings of a couple of bucks here and there — or hundreds off of a new TV — make the extra research well worth it.

23. Reduce your cell phone plan. Easy ways to save on your cell phone bill include eliminating text (download a free text app instead), reducing the minutes in your plan, making the majority of your calls during the free nights-and-weekends hours and skipping the add-on features. A pay-as-you-go phone might also be an option to ensure you don’t overrun your minutes and end up with a hefty bill at the end of the month.

24. Drive less. The objective here is to live in your neighborhood. For example, utilize your local grocery store instead of the bigger one across town. Or, try to live as close to your workplace as possible. If you do need to drive a good distance for an errand, consolidate the trip to achieve as many objectives as possible. This way, you’ll save both time and money.

25. Pay with cash. When you pay with cash, you’ll be more reluctant to give it away so easily . You’ll also be avoiding the hidden debit card fees that can slowly chip away at your account balance.
Source-http://www.investinganswers.com/a/25-ways-save-hundreds-your-monthly-expenses-2809

Pepsi Uses Aborted Fetal Cells In Flavor Enhancers

(LifeSiteNews.com) – Scores of prolife groups are calling for a public boycott of food giant, PepsiCo, due to its partnership with Senomyx, a biotech company that uses aborted fetal cells in the research and development of artificial flavor enhancers.

LifeSiteNews previously reported on Senomyx’s partnership with major food corporations, most notably PepsiCo, Kraft Foods, and Nestlé.

Pro-life watchdog group, Children of God for Life (CGL), is now joined by major pro-life organizations calling upon the public to target PepsiCo in a boycott.


Pepsi is funding the research and development, and paying royalties to Senomyx, which uses HEK-293 (human embryonic kidney cells) to produce flavor enhancers for Pepsi beverages.

“Using isolated human taste receptors we created proprietary taste receptor-based assay systems that provide a biochemical or electronic readout when a flavor ingredient interacts with the receptor,” says the Senomyx website.

“What they do not tell the public is that they are using HEK 293 – human embryonic kidney cells taken from an electively aborted baby to produce those receptors,” stated Debi Vinnedge, President for CGL, the watch dog group that has been monitoring the use of aborted fetal material in medical products and cosmetics for years.

The aborted fetal cells are not in the product itself. However, “there are many options PepsiCo could be using instead of aborted fetal cells,” noted Vinnedge.

The revelation about Senomyx’s research techniques motivated Campbell Soup to sever all relations with Senomyx.

However, PepsiCo continues their business relationship despite the abortion connection. They drew pubic ire earlier this year when they responded, saying, “our collaboration with Senomyx is strictly limited to creating lower-calorie, great-tasting beverages for consumers.”

When pressed further, PepsiCo sent out a form letter response saying they had been accused of conducting aborted fetal tissue research.

 

Bradley Mattes, executive director of Life Issues Institute, said, “While aborted fetal cells aren’t actually in the product itself, the close relationship is enough to repulse most consumers.  To our knowledge, this is the first time a food product has been publicly associated with abortion.”

The pro-life groups noted that additional companies collaborating with Senomyx will be targeted for boycott next.

The pro-life organizations are asking the public to boycott all Pepsi drink products and encourage consumers to contact Pepsi management requesting that they sever all ties with Senomyx.

For a list of Pepsi Beverages included in the boycott: http://pepsico.com/Brands/Pepsi_Cola-Brands.html

To Contact PepsiCo:

Jamie Caulfield, Sr. VP
PepsiCo, Inc.
700 Anderson Hill Road
Purchase, NY 10577
(914) 253-2000
Email form.

Edmund M. Carpenter, Chair, Corporate Development
Campbell Soup
1 Campbell Place
Camden, NJ 08103-1701
1-800-257-8443
Email form

Pro-life groups joining CGL in the boycott to date are:  Life Issues Institute, American Life League,  Colorado Right to Life, American Right to Life, Sound Choice Pharmaceutical Institute, ALL Arizona, Central Nebraskans for Life, Pro-Life Waco, Houston Coalition for Life, Mother and Unborn Baby Fox Valley, Womankind, Billboards for Life, Movement for a Better America, Defenders of the Unborn, Focus Pregnancy Help Center, Idaho Chooses Life, EMC Frontline Pregnancy Centers of NY, Four Seasons for Life, CREDO,  Life Choices, STOPP Dallas, CA Right To Life, Human Life Alliance, International Right to Life Federation, Operation Rescue, Pro-Life Nation, LifeNews.com, and Mary’s Outreach for Women.

Source-http://www.lifesitenews.com/news/pro-life-groups-call-for-pepsi-boycott-over-aborted-fetal-cell-lines

79 Senators Vote To Trash The Constitution

(Marti Oakley)  If you haven’t received the memo yet, let me update you on your status as it pertains to the Constitution and your civil liberties; you have neither.  79 Senators who snickered as they swore an oath to uphold and defend the Constitution of the United States, voted to render you guilty in advance, with no chance of proving your innocence.  The unlawful data mining and collection, the compilation of dossiers on virtually every person in the US, the unwarranted wire-tapping, the rifling through personal records of all kinds for no other reason than to collect information to be used at a later date if the government decides to prosecute you for whatever reasons, was extended.

The Patriot Acts were sold to the public as part of the war of terror perpetrated by the Bush administration after the false flag attacks of 9/11.  A “War of Terror” is being perpetrated by our own government against its own people and is blessed by both Democrat and Republican alike.  “We the people” are the terrorists the government fears. The Constitution be damned.

Nothing in the Patriot acts is remotely connected to fighting terrorism from foreign invaders.  It is a precisely targeted bill which amounted to a massive assault on liberty and freedom right here at home.

We had more than 1500 laws already on the books (never invoked) to fight terrorism prior to this Act, and even these could not stop an attack; what makes anyone think or believe the Patriot Acts could perform such a feat?  If you think this Act could prevent terrorism, try waving a copy at a TSA agent and see if he (or, she) runs away in fear.

Had the intent of the Patriot Act actually been to fight terrorism, the federal government would have had to turn its efforts inward and waged “war” on itself.

The Patriot Acts are the systematic criminalization of American citizens. Terrorists, and terrorism are only mentioned when the assaults on Constitutional rights and civil liberties were so egregious, so blatantly obvious that the veiled threat of another attack, if we objected, was ever present.

No true terrorist gives a rat’s behind what laws we pass; if they did, they wouldn’t be terrorists.  Nothing in the Patriot Acts will stop terrorism especially when it emanates from within.

These Acts will however:

  • Stop YOU from traveling unmolested by government agents.
  • Will also violate your right to privacy and to be,
  • Secure from illegal search and seizure
  • Makes legal (not lawful) warrantless searches
  • Allows unwarranted data mining of any and all information on you, including:
  • Any comments, beliefs, political opinions, social positions, religious beliefs, political party affiliation, and any other belief system or political view not approved by government.
  • These Acts are the foundation of the police state being systematically assembled and implemented by Homeland Security

The hunting of the American people
They aren’t looking for terrorists…..they are looking for you.

There is far more to this police state Act than we can go into here.  We all know this Act for what it is: The end of our Constitutional Republic and the rise of the police state. And 79 of our Senators took it upon themselves to vote away our liberty and to allow this monster to grow.

Too many of us dutifully comply with the sexual assaults perpetrated by TSA agents across the country.  As passengers mewl and whine about how they “are just trying to keep us safe” I have to wonder just how egregious the invasion of our property and most especially the invasion of our persons has to become before we admit that what TSA is doing has nothing to do with your safety.  It has everything to do with conditioning and training you to submit and comply, and god knows there are plenty of perverts more than willing to spend their days fondling the genitals of compliant passengers or watching the naked body scanner images.  The sexual assaults perpetrated on the public have produced not ONE terrorist unless of course you count the TSA agents.

TSA is now planned for public buildings, malls, train stations and stadiums.  And bunches of you sheeple will whine about how they are just trying to keep you safe!  And to add insult to injury, the 2002 homeland Security Act has been amended to include a snitching-for-dollars program which we like to call “The Stool Pigeon Protection Act”.

Fusion Centers are proliferating across the country.  These centers do nothing but data mine, snoop, and collect any and all data they can, indiscriminately and without regard to your liberty or civil protections.  These are manned by your friends, neighbors and family members who lack morality and any sense of patriotism; people who quickly forgot who they are and where they come from.

Obama and several state senators and governors are contemplating a “per mile” surveillance tax system to be paid for by taxpayers.  This new system would require surveillance equipment to be installed on your vehicle, not so much to generate revenue, but more to track your movements so that information could be added to your CIA/FBI/NSA dossier.  Once identified in this new system, your ability to purchase gas could be shut off instantly simply by deactivating your vehicle ID number.  It could shut off access for one vehicle . . . or all vehicles.

Our police and sheriff departments have been militarized under Homeland Security.  Our police and sheriff department vehicles no longer have the words “To protect and Serve” emblazoned on the sides.  This, thanks to a SCOTUS ruling that said law enforcement was under no obligation to protect us unless they arrest us, and then only in a limited fashion . . . and besides . . . they are essentially military units now.

They are hunting you and me…..do you get it yet? 
SCOTUS has become a threat to the country at large, ruling time and again against the Constitution and your liberty and protected rights, and in favor of corporate interests many of whom now openly run various agencies of government.  When Citizens v United came down, this court should have been immediately disbanded.  This decision vested incorporeal, fictional entities with human rights.

We have major cities across the country now purchasing military equipment for use against their communities.  A 911 call will elicit a SWAT team response, replete with star wars gear and uniforms, worn by badge heavy, testosterone pulsing storm troopers who don’t care if you have committed a crime or not.  They have guns and other weapons and carte blanche to break any and all laws (that apply to civilians) in defense of “government”.  These law enforcement officers, once the hero’s of children and many adults are now a menace to their communities and present a greater threat than your run of the mill criminal.

For those law enforcement personnel who swear to uphold the law and your rights and to refuse orders to violate your rights, the Southern Poverty Law Center will quickly add their names and organizations to their lists; lists which are then sold for millions of dollars to the federal government indicating which groups and individuals are to be targeted.  These men and women are now “unique terrorists”, suspected terrorists; to be viewed with suspicion and arrested whenever possible.  And why?  For refusing to violate your rights and for refusing to participate in the growing police state. Anyone who expresses patriotism is considered a “nativist extremist” by SPLC.  Think about that the next time you say the pledge of allegiance; maybe it will keep you from thinking about the McCarthy-esque nerds populating the SPLC.

Homeland Security has ordered 500 roving vans complete with x-ray scanners to be used across the country.  You can be scanned walking down the street, in public places or even in your own yard.  Why? You might be a terrorist.  With our economy in shambles, and the national debt posing a real threat, the best they could come up with is to spend another estimated ½ billion dollars on vans to cruise our streets and surreptitiously x-ray to see if we have weapons on us?  Really?

There is far more to this than the few items listed here.  A repeal of the Patriot Act 1 and the misnamed “Security Enhancement Act of 2003”…an expansion of the first Act, would go along way in restoring the integrity of government and our freedom.  But today, 79 Senators decided you were not worth it.  79 Senators committed an act of treason against the people they are supposed to represent and sold off their freedom, liberty and rights.

79 Senators…that’s all it took to lay waste to the Constitution.  Not to worry!  Several of them will be on various cable news shows talking about “keeping America safe”, “national security”, “the war of terror”, and trying to convince us that the only way we can be safe is if we forfeit our rights, freedom and our Constitution.

79 Senators…and not one of them will admit that the terrorists you need to fear, the people you need to be protected from…..is them.
______________________
Fusion Centers
epic.org/privacy/fusion/
SPLC paranoia
www.splcenter.org/get-informed/intelligence-report/browse-all-issues/2011/spring/the-year-in-nativism/nativist-extremists
Stool Pigeon Protection Act
ppjg.wordpress.com/2011/03/10/stool-pigeon-protection-act/
Homegrown terrorism..The threat of Homeland Security
ppjg.wordpress.com/2011/03/10/homegrown-terrorism-the-threat-of-homeland-security-and-spy-agencies/
Drones inAmerica: The ultimate no-knock warrant
ppjg.wordpress.com/2011/03/09/drones-in-america-the-ultimate-no-knock-warrant/

Marti Oakley is a political activist and former op-ed columnist for the St Cloud Times in Minnesota. She was a member of the Times Writer’s Group until she resigned in September of 07. She is neither Democrat nor Republican, since neither party is representative of the American people. She says what she thinks, means what she says, and is known for being outspoken. She is hopeful that the American public will wake up to what is happening to our beloved country . . . little of it is left.  Her website is The PPJ Gazette

Source-        http://www.activistpost.com/2011/05/79-senators-vote-to-trash-constitution.html

Congressman Warns: Move Your Families Out Of The City’ If You Can

(Mac Slavo)  There are a whole host of events that can bring the world as we know it today to its knees. From a hyperinflationary economic collapse to an electro magnetic pulse originating from the sun or a nuclear weapon , there exists a real and present danger that our system may, in the near future, experience unrecoverable shocks to the power grid and clean water infrastructure, a halt to just-in-time agricultural transportation systems and a collapse of the currency exchange mechanisms that make the economy function.

US Representative Roscoe Bartlett (R-MD), lived through the great depression, so he’s seen how bad things can get. In a new documentary, Mr. Bartlett and others discuss the dangers posed to those living in cities and ways that your family can survive if the worst were to ever happen.

Roscoe Bartlett:

We could have events in the future where the power grid will go down and it’s not, in any reasonable time, coming back up. For instance, if when the power grid went down some of our large transformers were destroyed, damaged beyond use, we don’t make any of those in this country. They’re made overseas and you order one and 18 months to two years later they will deliver it. Our power grid is very vulnerable. It’s very much on edge. Our military knows that.

There are a number of events that could create a situation in the cities where civil unrest would be a very high probability. And, I think that those who can, and those who understand, need to take advantage of the opportunity when these winds of strife are not blowing to move their families out of the city. 

 

 

We realize that for most people this may be decried as fear-mongering and crazy survival talk. We can’t help but point out, however, that it’s not just Representative Roscoe Bartlett, economist Marc Faber, and trend forecaster Gerald Celente that are recommending you prepare and head for rural areas. The US Pentagon and Military are very much aware of these possibilities and they’re preparingfor exactly the scenarios described in this documentary.

The threat is out there, and just because it hasn’t happened in our modern-day society up until now doesn’t mean it won’t happen in the future. In fact, it has happened through history – strife, poverty, depression, economic collapse, war. You name it and somebody in history has lived it. The government spends hundreds of billions of dollars on emergency preparedness, disaster planning, continuity of government and war gaming these scenarios. There’s a reason for that. We recommend our readers take a queue from them and others who are warning of these outlier possibilities.

For a taste of what’s in the movie you can view the first 20 minutes of Urban Danger below:

Source-http://lewrockwell.com/slavo/slavo39.1.html

 

 

 

 

 

 

 

 

 

 

 

 

 

Gerald Celente-Global Revolution This Winter

(Gus Lubin)  Trend forecaster Gerald Celente gives a preview of his Summer Trends Journal in an interview with King World News.

Celente says riots from Iran to Spain are the beginning of another world war, precipitated by food prices, unemployment and inequality. Last year he claimed that 2011 would bring “Off With Their Heads 2.0″ and the prediction is going well so far.

We transcribed just part of one answer from his breathless interview with Eric King:

What’s constant in all of these uprisings are the few factors that are undeniable. Food prices at all time highs. Unemployment at record highs. You have 18 to 28 year olds holding university degrees in worthlessness that can’t get jobs. Go look what happened in Egypt. Average wage ten dollars a day, and that’s if you’re doing well. And you know the deal. You’re smart. This is different from the old feudal age. In the neo-feudal age the people know the score.

What hasn’t been in the news is what has happened in Spain, and that’s the big news. Young people have wised up. They know the score. Those are the people that are ahead of all of these revolutions. They know that voting for either of the major parties in Spain means more of the same. It’s like voting for the Gambino crime family or the Bananno crime family. And they want a third way. And they’re picking up where the Egyptians left off. They’re going out into the streets and they’re not leaving the streets, because again, when you lose everything and have nothing left to lose, you lose it. These are young people, as I said, with university degrees in worthlessness, they’re internet connected, it’s journalism 2.0,  they’re getting everyone out to join them, because they know now that if they don’t fight against the machine, the machine is going to grind them up. These revolutions are going to spread over the summer throughout Europe. By the winter it’s going to go global.

Read more: http://www.businessinsider.com/gerald-celente-spain-2011-5#ixzz1NhCW7fpt

Hackers Penetrate U.S. Defense Contractors Security Networks

(Raw Story)  Reuters is reporting that unknown hackers have broken into the networks of Lockheed Martin and other major defense contractors and may have gained access to sensitive information on present and future weapons systems.

Reuters had reported earlier on Friday that “Lockheed Martin, the Pentagon’s No. 1 supplier, is experiencing a major disruption to its computer systems that could be related to a problem with network security.” The disruption began last Sunday, when security experts detected an intrusion.

According to an anonymous source with knowledge of the attacks, the hackers used data stolen in March from the RSA security division of EMC Corp. to duplicate security keys which gave them access to the networks.

“You have no idea how many people are freaked out right now,” one security expert told Reuters, explaining that the RSA keys could no longer be considered fully secure.

Information security expert Rick Moy explained to Reuters that “the original attack on RSA was likely targeted at its customers, including military, financial, governmental and other organizations with critical intellectual property. He said the initial RSA attack was followed by malware and phishing campaigns seeking specific data that would link tokens to end-users, which meant the current attacks may have been carried out by the same hackers.”

Other defense contractors have either declined to comment on whether they have been affected or insist that their security systems are sufficient to defend against the attack. A former senior defense official also assured Reuters that “all classified information is kept on separate, closed networks managed by the U.S. government.”

Source-http://www.rawstory.com/rs/2011/05/27/hackers-penetrate-u-s-defense-contractors-security-networks/

ABC-US Planned Acts Of Terrorism, To Justify War And Kill US Citizens

(ABC)  In the early 1960s, America’s top military leaders reportedly drafted plans to kill innocent people and commit acts of terrorism in U.S. cities to create public support for a war against Cuba.

Code named Operation Northwoods, the plans reportedly included the possible assassination of Cuban émigrés, sinking boats of Cuban refugees on the high seas, hijacking planes, blowing up a U.S. ship, and even orchestrating violent terrorism in U.S. cities.

The plans were developed as ways to trick the American public and the international community into supporting a war to oust Cuba’s then new leader, communist Fidel Castro.

America’s top military brass even contemplated causing U.S. military casualties, writing: “We could blow up a U.S. ship in Guantanamo Bay and blame Cuba,” and, “casualty lists in U.S. newspapers would cause a helpful wave of national indignation.”

Details of the plans are described in Body of Secrets (Doubleday), a new book by investigative reporter James Bamford about the history of America’s largest spy agency, the National Security Agency. However, the plans were not connected to the agency, he notes.

The plans had the written approval of all of the Joint Chiefs of Staff and were presented to President Kennedy’s defense secretary, Robert McNamara, in March 1962. But they apparently were rejected by the civilian leadership and have gone undisclosed for nearly 40 years.

“These were Joint Chiefs of Staff documents. The reason these were held secret for so long is the Joint Chiefs never wanted to give these up because they were so embarrassing,” Bamford told ABCNEWS.com.

“The whole point of a democracy is to have leaders responding to the public will, and here this is the complete reverse, the military trying to trick the American people into a war that they want but that nobody else wants.”

Gunning for War

The documents show “the Joint Chiefs of Staff drew up and approved plans for what may be the most corrupt plan ever created by the U.S. government,” writes Bamford.

The Joint Chiefs even proposed using the potential death of astronaut John Glenn during the first attempt to put an American into orbit as a false pretext for war with Cuba, the documents show.

Should the rocket explode and kill Glenn, they wrote, “the objective is to provide irrevocable proof … that the fault lies with the Communists et all Cuba [sic].”

The plans were motivated by an intense desire among senior military leaders to depose Castro, who seized power in 1959 to become the first communist leader in the Western Hemisphere — only 90 miles from U.S. shores.

The earlier CIA-backed Bay of Pigs invasion of Cuba by Cuban exiles had been a disastrous failure, in which the military was not allowed to provide firepower.The military leaders now wanted a shot at it.

“The whole thing was so bizarre,” says Bamford, noting public and international support would be needed for an invasion, but apparently neither the American public, nor the Cuban public, wanted to see U.S. troops deployed to drive out Castro.

Reflecting this, the U.S. plan called for establishing prolonged military — not democratic — control over the island nation after the invasion.

“That’s what we’re supposed to be freeing them from,” Bamford says. “The only way we would have succeeded is by doing exactly what the Russians were doing all over the world, by imposing a government by tyranny, basically what we were accusing Castro himself of doing.”

The Joint Chiefs at the time were headed by Eisenhower appointee Army Gen. Lyman L. Lemnitzer, who, with the signed plans in hand made a pitch to McNamara on March 13, 1962, recommending Operation Northwoods be run by the military.

Whether the Joint Chiefs’ plans were rejected by McNamara in the meeting is not clear. But three days later, President Kennedy told Lemnitzer directly there was virtually no possibility of ever using overt force to take Cuba, Bamford reports. Within months, Lemnitzer would be denied another term as chairman and transferred to another job.

The secret plans came at a time when there was distrust in the military leadership about their civilian leadership, with leaders in the Kennedy administration viewed as too liberal, insufficiently experienced and soft on communism. At the same time, however, there real were concerns in American society about their military overstepping its bounds.

There were reports U.S. military leaders had encouraged their subordinates to vote conservative during the election.

And at least two popular books were published focusing on a right-wing military leadership pushing the limits against government policy of the day.

The Senate Foreign Relations Committee published its own report on right-wing extremism in the military, warning a “considerable danger” in the “education and propaganda activities of military personnel” had been uncovered. The committee even called for an examination of any ties between Lemnitzer and right-wing groups. But Congress didn’t get wind of Northwoods, says Bamford.

“Although no one in Congress could have known at the time,” he writes, “Lemnitzer and the Joint Chiefs had quietly slipped over the edge.”

Even after Lemnitzer was gone, he writes, the Joint Chiefs continued to plan “pretext” operations at least through 1963.

One idea was to create a war between Cuba and another Latin American country so that the United States could intervene. Another was to pay someone in the Castro government to attack U.S. forces at the Guantanamo naval base — an act, which Bamford notes, would have amounted to treason. And another was to fly low level U-2 flights over Cuba, with the intention of having one shot down as a pretext for a war.

“There really was a worry at the time about the military going off crazy and they did, but they never succeeded, but it wasn’t for lack of trying,” he says.

After 40 Years

Ironically, the documents came to light, says Bamford, in part because of the 1992 Oliver Stone film JFK, which examined the possibility of a conspiracy behind the assassination of President Kennedy.

As public interest in the assassination swelled after JFK’s release, Congress passed a law designed to increase the public’s access to government records related to the assassination.

The author says a friend on the board tipped him off to the documents.

Afraid of a congressional investigation, Lemnitzer had ordered all Joint Chiefs documents related to the Bay of Pigs destroyed, says Bamford. But somehow, these remained.

“The scary thing is none of this stuff comes out until 40 years after,” says Bamford.

Source-http://abcnews.go.com/US/story?id=92662&page=2

Big Brother Police Cruiser Hits LAPD

 (CBS) — If you thought the patrol car in the 1987 action movie “Robocop” was high-tech, wait until you see what L.A.’s finest will be soon be driving.

AOL’s Translogic caught a sneak peek of the new squad car of choice for the Los Angeles Police Department: the Chevrolet Caprice Police Patrol Vehicle (PPV).

Billed as the “sum total of all the law enforcement community has learned about patrol cars to date”, the PPV boasts a 6.0L V-8 engine with 355 horsepower, 18-inch steel wheels, and a host of gadgets that puts any Hollywood squad car to shame.

The Caprice, which replaces the long-used Ford Crown Victoria, is equipped with an infrared night vision camera, automated license plate scanner, and a touch-screen center console that replaces the older computers traditionally used by officers.

In addition to horsepower and firepower, the cruiser is also outfitted with the latest in information technology, with ethernet, Wi-Fi and an experimental wireless-mesh network in the trunk.

Even the bad guys can ride in comfort: cut-outs in the back seat are custom-made to accommodate a handcuffed suspect.

At a taxpayer cost of $20,000, LAPD officials say vehicle wrapping was used on the all-black sedans instead of the traditional paint to minimize repair expenses and protect resale value.

Drivers can expect to see the new 2012 Chevrolet Caprice PPV cruising city streets as early as mid-2011.

Source-http://losangeles.cbslocal.com/2011/05/26/new-lapd-patrol-car-to-sport-infrared-night-vision-license-plate-scanner/

Silver More Explosive than Gold

 

(Julian D. W. Phillips)  The silver market is still reeling from its fall from $50 to $34 over a very short time. The move was driven by at least one investor selling around 1,000 tonnes of silver over a two week period. Silver had climbed quickly from around $25. The charts supported a rise to $29, but as silver went higher, it climbed out of technical range into new territory. All the time thereafter it was vulnerable to a selloff back to support around that level.

 

Many felt it could easily fall to $20 before recovering, but it bounced off $32 and has been consolidating above $34 since then. The selling then stopped and buying started, but the consolidation at this levels indicates that the market has to get used to these prices for a while before they establish a ‘floor’ that permits cautious buyers to re-enter the market again.

 

Investors must ask themselves…

Ø  Should silver be considered as financial security, like gold?

 

Ø  Will it ever reach that status of being a monetary metal, in the eyes of central banks and global investors?    

 

Ø  Some may feel that the biggest question mark hangs over its volatility in the future. Can the silver market be manipulated, as the large US banks have done in the recent past?  

 

Ø  Can the silver market be cornered, as the Hunt brothers from Texas once tried to do?

 

Financial Security the silver and gold investing world is divided in two…

 

In the developed world, investments are not looked at as financial security, but rather as sources of profits.   Investors make their own financial security through the profits they make over the years. This implies that investments are held for eventual selling unless they continue to grow and make capital gains and income for the future. Investors must constantly monitor their investments to ensure they make profits. The reins remain firmly in the investor’s hands.  

 

In the emerging world, wealth is new to most and the investor is constantly reminded of the recent poverty and the uncertainty of retaining wealth. Bank deposits in China were the usual investment avenue. That was until food and energy inflation brought back uncertainty and poor performance and doubt in the safety of their savings.  

 

Gold has always been considered an important place to hold ones wealth, as it protects against uncertainty and the attrition of wealth by inflation. New investors have watched the performance of gold over the last decade, through boom times and uncertain times. They have seen gold and silver persistently outperform other investments in a confidence-decaying world. With burgeoning middle classes for the next decade and more, investors in gold and silver are likely to expand and perpetuate the belief that gold and silver should be considered financial security and real money.

 

Silver as Monetary Metal for central banks global investors?

The presence of gold in the foreign nation’s exchange reserves is proof enough that gold is a monetary metal. We see the number of central banks across the world buying more of it and no longer selling it. But there is no silver in the central bank vaults. It hasn’t even been a valuable means of exchange in the dark past.

 

It most likely will not come back as a monetary metal or as part of central bank reserves until the entire present monetary system sits in disrepute. It is too much of an industrial, consumable metal to provide the features that a monetary metal should have. At a price beyond well above the current level, it could make a comeback, but this is unlikely. The status of ‘monetary metal’ can only be given by central banks, and not investors.  

 

If investors treat silver as money –a poor man’s gold, as it were— then it rises to the status of real money in those investor’s eyes. The central banks wouldn’t be an issue. In the developed world silver is nowhere near that status, except in the hands of a select few. In the emerging world matters are different.  

 

Emerging world investors are finding that gold is getting out of their price range. They have no option but to turn to a cheaper alternative. In the past, Ag has always been a metal that is real money and represents financial security. Its performance over the last few years is confirmation enough.

 

Asian Investors haven’t been disappointed, considering the silver price once stood at $6/oz. A pull back from $50 to $34 was not totally unexpected. It went too high, too fast.

 

But the nature of investors in the emerging world (i.e. India) is such that when they see a ‘spike’ in prices, they sell and hope for a good fall and the establishment of a new ‘floor’ price. Then they buy back and continue to hold.   It is rarely their intention to exit the precious metal markets. Proof of such an attitude can be found in recent Chinese import of silver.

 

April demand for silver bullion was 339.4 metric tonnes. This compares to 302.09 metric tonnes in April 2010 or an increase of over 12% from the same month last year. It compares with silver imports of just 132.5 and 127.3 metric tonnes in April 2009 and April 2008, respectively. The record demand for silver bullion seen in 2010 is continuing in 2011 and higher prices are not deterring Chinese buyers. China imported 3475.4 tonnes of silver bullion in 2010, a massive fourfold increase from 2009 when imports were just 876.8 tonnes.

 

China was a net exporter of silver bullion up until 2007. We expect the numbers to India to reflect the same trend.

 

Consolidating in the lower to mid $30, silver will re-attract emerging world buyers in greater volume.

 

Manipulation

 

In short, yes, it can.   With silver at a low price relative to the volume of investment funds out there [such as in the top five U.S. banks] it does not take a very large amount to push prices up and down.   Regulators themselves have pointed out that there has been manipulation of the silver price in the past.   But regulations and the media have certainly chased a measure of that out of the U.S. market [but the world is a big place]. 

 

However, we have to qualify that statement, by saying that the number of silver investors out there with 1,000 tonnes of physical silver to sell are few and far between!   Once they have sold, their silver has gone.  They have to hope that the silver price will drop back and allow them to buy back in at lower prices or remain out of the market.   Many have hoped that the silver price would fall back to $20 but the fall halted at $32 and in came emerging market and other buyers.   This makes really effective price manipulation very hard.   With the trend of silver up, anybody shorting the market, will usually get hurt.   The best a manipulator can do today is to go with the price waves that we see in all markets, but avoid fighting the trend.  

 

Over time, and with prices trending up, there will be a day when such manipulation will be very difficult to achieve on a continuous basis.   But silver will continue to be very volatile and much more so than gold, for a long time still.   Until we see considerably more liquidity in the silver physical market price swings could remain frightening.   Once liquidity rises much more than seen now, a seller or buyer of a large amount can do so, while producing only small swings in the price.   Then silver’s price will become as stable as that of gold.   But the pattern of silver price movements that has been established by silver, all the way up, has been to move up with gold and to fall with gold, albeit in a more exaggerated manner.    This has been the case for some years now.   There is no reason to think that this pattern will stop.

 

Cornering the Market

the Hunt Brothers…

 

 

 They succeeded in driving the price up to $50/oz. They were then pressured by the silver regulating bodies and forced into a position when they had to sell. As the only buyer at anywhere near those prices there was nobody else to buy the silver from them. As they began to sell, the price dropped back to the level it had been when they started.

 

 

Hence developed world investors need liquid markets so they can sell at higher prices without hurting the price too much. When they sell too much too quickly, the price falls (i.e. recent drop from $50 to $32).

 

Similar to the Hunt Brothers is another type of cornering: dominate supply without any intention of selling any at all. To be a perpetual seller of a huge stockpile would hold the price down, as long as you have stock. India, China and Russia were sellers of their huge silver stockpiles left over from the days when silver was used as a ‘means of exchange’ (i.e. pocket change). This has held prices down since the Hunt brother days.     

 

We saw a similar situation in gold when up until 2009 the central banks of Europe stopped gold sales. As sales were slowing down, the gold price rose from its low, manipulated price of $275 (Britain sold half of its reserves) to around $1,200/oz. Central banks now either hold or buy gold, unlikely to sell again… 

 

With no intention of selling, Gold-producing nations are buying up local production and reducing supply to the market –not for profit, but for the protection of national reserves. If this extended to all gold-producing nations then you would have a true cornering of the gold market. If the central banks of silver nations decided that silver should be a reserve asset, then they would have to take off newly produced silver for a very long time to make a significant contribution to their reserves.

 

For an individual or even a single institution, cornering would be nigh-on-impossible. It would be possible (although extremely unlikely) if the central banks of silver producing nations decided to act in concert and corner the silver market. With so many important industrial applications, such an attempt would produce global anger.   Cornering the market in this day and age would not be successful.

Source-http://news.silverseek.com/SilverSeek/1306285200.php

Detroit, The Destruction Is Coming To Your Town

(Frosty Wooldridge)  For 15 years, from the mid 1970’s to 1990, I worked in Detroit , Michigan . I watched it descend into the abyss of crime, debauchery, gun play, drugs, school truancy, car-jacking, gangs and human depravity. I watched entire city blocks burned out. I watched graffiti explode on buildings, cars, trucks, buses and school yards.Trash everywhere!

Detroiters walked through it, tossed more into it, and ignored it. Tens of thousands, and then hundreds of thousands today exist on federal welfare, free housing, and food stamps!

With Aid to Dependent Children, minority women birthed eight to 10, and in one case, one woman birthed 24 children as reported by the Detroit Free Press, all on American taxpayer dollars.

A new child meant a new car payment, new TV, and whatever mom wanted. I saw Lyndon Baines Johnson’s ‘Great Society’ flourish in Detroit . If you give money for doing nothing, you will get more hands out taking money for doing nothing

Mayor Coleman Young, perhaps the most corrupt mayor in America , outside of Richard Daley in Chicago , rode Detroit down to its knees… He set the benchmark for cronyism, incompetence, and arrogance. As a black man, he said, “I am the MFIC.” The IC meant “in charge”.

You can figure out the rest Detroit became a majority black city with 67 percent African-Americans.

As a United Van Lines truck driver for my summer job from teaching math and science, I loaded hundreds of American families into my van for a new life in another city or state.

Detroit plummeted from 1.8 million citizens to 912,000 today. At the same time, legal and illegal immigrants converged on the city, so much so, that Muslims number over 300,000. Mexicans number 400,000 throughout Michigan , but most work in Detroit . As the whites moved out, the Muslims moved in.

As the crimes became more violent, the whites fled. Finally, unlawful Mexicans moved in at a torrid pace. Detroit suffers so much shoplifting that grocery stores no longer operate in many inner city locations. You could cut the racial tension in the air with a knife! Detroit may be one of our best examples of multiculturalism: pure dislike, and total separation from America .

Today, you hear Muslim calls to worship over the city like a new American Baghdad with hundreds of Islamic mosques in Michigan , paid for by Saudi Arabia oil money. High school flunk out rates reached 76 percent last June, according to NBC’s Brian Williams. Classrooms resemble more foreign countries than America . English? Few speak it! The city features a 50 percent illiteracy rate and growing.

Unemployment hit 28.9 percent in 2009 as the auto industry vacated the city. In Time Magazine’s October 4, 2009, “The Tragedy of Detroit: How a great city fell, and how it can rise again,” I choked on the writer’s description of what happened. “If Detroit had been ravaged by a hurricane, and submerged by a ravenous flood, we’d know a lot more about it,” said Daniel Okrent. “If drought and carelessness had spread brush fires across the city, we’d see it on the evening news every night.” Earthquake, tornadoes, you name it, if natural disaster had devastated the city that was once the living proof of American prosperity, the rest of the country might take notice.

But Detroit , once our fourth largest city, now 11th and slipping rapidly, has had no such luck. Its disaster has long been a slow unwinding that seemed to remove it from the rest of the country.

Even the death rattle that in the past year emanated from its signature industry brought more attention to the auto executives than to the people of the city, who had for so long been victimized by their

dreadful decision making.”

As Coleman Young’s corruption brought the city to its knees, no amount of federal dollars could save the incredible payoffs, kickbacks and illegality permeating his administration. I witnessed the city’s death from the seat of my 18-wheeler tractor trailer because I moved people out of every sector of decaying Detroit .

“By any quantifiable standard, the city is on life support. Detroit ‘s treasury is $300 million short of the funds needed to provide the barest municipal services,” Okrent said. “The school system, which six years ago was compelled by the teachers’ union to reject a philanthropist’s offer of $200 million to build 15 small, independent charter high schools, is in receivership. The murder rate is soaring, and 7 out of 10 remain unsolved. Three years after Katrina devastated New Orleans , unemployment in that city hit a peak of 11%. In Detroit today, the unemployment rate is 28.9%. That’s worth spelling out: twenty-eight point nine percent.

At the end of Okrent’s report, and he will write a dozen more about Detroit, he said, “That’s because the story of Detroit is not simply one of a great city’s collapse, it’s also about the erosion of the industries that helped build the country we know today. The ultimate fate of Detroit will reveal much about the character ofAmerica in the 21st century.

If what was once the most prosperous manufacturing city in the nation has been brought to its knees, what does that say about our recent past? And if it can’t find a way to get up, what does that say about America ’s future?”

As you read in my book review of Chris Steiner’s book,”$20 Per Gallon”, the auto industry won’t come back. Immigration will keep pouring more and more uneducated third world immigrants from the Middle East into Detroit , thus creating a beachhead for Islamic hegemony in America . If 50 percent illiteracy continues, we will see more homegrown terrorists spawned out of the Muslim ghettos of Detroit . Illiteracy plus Islam equals walking human bombs.

You have already seen it in Madrid , Spain , London , England and Paris , France with train bombings, subway bombings and riots. As their numbers grow, so will their power to enact their barbaric Sharia Law that negates republican forms of government, first amendment rights, and subjugates women to the lowest rungs on the human ladder. We will see more honor killings by upset husbands, fathers and brothers that demand subjugation by their daughters, sisters and wives. Muslims prefer beheadings of women to scare the hell out of any other members of their sect from straying. Multiculturalism: what a perfect method to kill our language, culture, country and way of life.

I PRAY EVERYONE THAT READS THIS REALIZES THAT IF WE DON’T STAND UP, AND SCREAM AT WASHINGTON , AND OUR STATE, CITY AND LOCAL LEADERS THIS IS WHAT AWAITS THE REST OF AMERICA . IF YOU THINK MEXICANS AND MUSLIMS AND OTHER FORIEGNERS WILL EVENTUALLY FIT RIGHT IN THEN YOU ARE AS BIG A PART OF THE PROBLEM AS THEY ARE.

IF YOU THINK THIS IS JUST A BUNCH OF HOOEY AND YOU FEEL NO DUTY TO FIGHT FOR THIS COUNTRY, THEN I’M SORRY, I DON’T KNOW WHAT IT WILL TAKE FOR YOU TO STAND AND FIGHT.

“Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote.” — Benjamin Franklin

Source-http://beforeitsnews.com/story/663/419/AID_Destroyed_Detroit,_The_Destruction_Is_Coming_To_Your_Town:_Wooldridge.html

32 Signs The World Is Being Transformed Into A Big Brother Prison Grid

(American Dream)  Do you want your children and grandchildren to live in a futuristic “big brother” control grid where everything they do is watched, recorded, tracked and tightly controlled?  Well, that is exactly where things are headed.  We witnessed some really bad totalitarian regimes during the 20th century, but what is coming is going to be far more restrictive than any of the despots of the past ever dreamed was possible.  Today, nearly every government on earth is tightening their grip on their citizens.  Paranoia has become standard operating procedure all over the planet and nobody is to be trusted.  Global politicians will give speeches about liberty and freedom even as they undermine them at every turn.  There are very, very few nations on the planet where liberty and freedom are increasing.  Instead, almost everywhere you turn the “control grid” is getting tighter.  Governments don’t want us gathering together and interacting with one another.  Instead, they want us to work our tails off to support the system, they want us enslaved financially and constantly drowning in debt, and they want us addicted to television and other forms of entertainment.  They want us as numb and docile as possible.  Meanwhile, all over the globe they continue to construct a futuristic “big brother” control grid that will ensure that they will always be able to control us.

Sadly, this is not the plot to some post-apocalyptic science fiction movie.

This is really happening.

When you read the list below, each of the 32 signs may not seem to be all that significant individually.  However, when they are all taken together, they paint a truly frightening picture….

#1 The days of the free and open Internet are slowly coming to an end.  Many nations around the world have implemented strict Internet censorship and many other nations are moving in that direction.  With each passing year the level of freedom on the Internet diminishes.

Regulation of the Internet has even become a primary topic of discussion at G-8 meetings.  According to The New York Times, French President Nicolas Sarkozy is leading the charge for a more “civilized Internet”….

Leaders of the Group of 8 industrialized countries are set to issue a provocative call for stronger Internet regulation, a cause championed by the host of the meeting, President Nicolas Sarkozy of France, but fiercely opposed by some Internet companies and free-speech groups.

Why are free speech groups strongly opposing what Sarkozy is trying to do?

It is because western governments want to kill liberty and freedom on the Internet just like China is doing.  The Internet has been a great tool for waking people up and distributing information, and the control freaks that want to run all of our lives do not like that one bit.

#2 Internet censorship in China, the largest nation on earth, is absolutely brutal. The Chinese government blocks any websites that talk about such topics as the Dalai Lama, the 1989 crackdown on Tiananmen Square protesters and Falun Gong.

Even web searches for the English word “freedom” are blocked.

#3 Starting next year, all new cellphones will be required to contain a chip that will allow the president to broadcast “emergency alerts” to the cellphones whenever the president wants.  Cellphone users will not be allowed to opt out of the presidential messages.

The following is how a CBS news report describes the new system….

A new national alert system is set to begin in New York City that will alert the public to emergencies via cell phones.

It’s called the Personal Localized Alert Network or PLAN. Presidential and local emergency messages as well as Amber Alerts would appear on cell phones equipped with special chips and software.

#4 The U.K. has more surveillance cameras per citizen than anywhere else in the world. In fact,according to one estimate, there are 4.8 million video cameras constantly watching every move citizens make.

#5 A “certified TSA official” was brought in to oversee student searches at the Santa Fe High School prom last weekend.

Will this kind of thing soon be happening at every high school in America?

#6 The U.S. Department of Agriculture is spending huge amounts of money to install surveillance cameras in the cafeterias of public schools so that government control freaks can closely monitor what our children are eating.

The following is how a recent article posted on Infowars.com describes this new program….

Billed as part of an effort to reduce obesity and improve eating habits, small cameras are programmed to take snapshots of lunch trays before and after each student eats. Each child is uniquely identifiable via a barcode attached to the tray. The amount of calories and nutrients that each child has consumed is then calculated via a database containing 7,500 different varieties of food.

#7 The EU is spending hundreds of millions of euros on propaganda campaigns in an attempt to convince the citizens of Europe that the EU is good for them.

#8 Today, FBI surveillance teams regularly employ warrantless GPS tracking to monitor the movements of peaceful activists – even if they are not suspected of ever committing a crime.  The Obama administration is fighting in court to keep this practice legal.

#9 According to FBI Director Robert Mueller, “homegrown terrorists” represent as big a threat to American national security as al-Qaeda does.

#10 Federal VIPR teams are establishing a series of “internal checkpoints” all across the United States.  The following is how a recent article by Paul Joseph Watson described these VIPR team activities….

The TSA has announced its intention to expand the VIPR program to include roadside inspections of commercial vehicles, setting up a network of internal checkpoints and rolling out security procedures already active in airports, bus terminals and subway stations to roads and highways across the United States.

By the way, who in the world decided that it would be a good idea to call them “VIPR teams”?

What is next?  Are we going to find out that the TSA has hired Cobra Commander and Destro as consultants?

#11 Thousands of “dysfunctional” families in the U.K. are being subjected to intensive 24-hour surveillance to make sure that their children attend school, go to bed on time and eat proper meals.

#12 U.S. Senator Chuck Schumer says that Amtrak should have a “no ride list” similar to the “no fly list” used at U.S. airports.

Before you can get on an airplane today, your name is checked to make sure that it is not on any international watch lists.

So what do you have to do to get on an international watch list?

Nobody really knows.

What is next?

A “no breathe list”?

#13 U.K. authorities are now admitting that every phone call, text message, email and website visit made by private citizens will be stored for one year and will be available for monitoring by government agencies.

#14 The amount of cell phone surveillance that goes on is absolutely staggering.  For example, one German politician named Malte Spitz recently went to court to force Deutsche Telekom to reveal how often his cell phone was being tracked.  What he found out was absolutely amazing.  It turns out that in just one 6 month period, Deutsche Telekom recorded the longitude and latitude coordinates of his cell phone 35,000 times.

#15 DARPA has now developed new video surveillance technology that many are warning will bring about the end of public anonymity.  The following is how the ExtremeTech blog is describing this new technology….

To be in public is to be on camera, but most video footage is discarded, as only so much can be sorted and analyzed — until now. DARPA has created a technology that can index and analyze video in real-time, marking the end of anonymity in public places.

#16 In the U.K., it is now illegal to photograph the police for any reason whatsoever.

#17 Police in the U.K. have purchased software that will enable them to easily follow the “digital footprints” of virtually anyone.  The following is how one recent news report in the U.K. described this new software….

The Metropolitan Police has bought Geotime, a security programme used by the U.S. military which tracks suspects’ movements and communications and displays them on a three-dimensional graphic.

The software aggregates information gathered from social networking sites, GPS devices like the iPhone, mobile phones, financial transactions and IP network logs to build a detailed picture of an individual’s movements.

#18 In Tacoma, Washington a seventh grade student was recently questioned by the Secret Serviceabout a message that he posted on his Facebook page.

Be very careful about what you put up on Facebook or Twitter.  The entire world can see it.

#19 According to the ACLU, state police in Michigan are using “extraction devices” to download data from the cellphones of motorists that they pull over.  This is taking place even if those pulled over are not accused of doing anything wrong.

The following is how an article on CNET News describes the capabilities of these “extraction devices”….

The devices, sold by a company called Cellebrite, can download text messages, photos, video, and even GPS data from most brands of cell phones. The handheld machines have various interfaces to work with different models and can even bypass security passwords and access some information.

#20 Last year, one shocking poll found that 51 percent of Americans agree with this statement: “It is necessary to give up some civil liberties in order to make the country safe from terrorism.”

#21 The MPAA and RIAA have submitted their master plan for enforcing copyright rights to the new Office of Intellectual Property Enforcement and it includes installing spyware on everyone’s computersthat would detect and delete any infringing materials.

#22 The U.K.’s new Internet law includes a “three strikes” rule that allows your entire family to be cut off from the Internet if anyone who lives in your house is accused of copyright infringement – without proof or evidence or trial.

#23 Would you like to have your face scanned and your ID recorded every time you attend a public event?  Don’t laugh.  The San Francisco Entertainment Commission is actually proposing a new rulewhich “would require all venues with an occupancy of over 100 people to record the faces of all patrons and employees and scan their ID’s for storage in a database which they must hand over to law enforcement on request.”

#24 Today, the U.S. government and governments all over the industrialized world have become so obsessed with reducing carbon emissions that now they even tell us what kinds of light bulbs we are allowed to buy.

#25 The Obama administration is developing a universal “Internet ID” program that would watch, track, monitor and potentially control your activity on the Internet. These “trusted identities” are being touted as a way to increase safety and security on the Internet and as a way to eliminate the need for dozens of different usernames and passwords.

#26 As I have written about previously, the “Internet kill switch” is rapidly becoming one of the favorite new tools of tyrannical governments all over the globe….

Once upon a time, the Internet was a bastion of liberty and freedom, but now nation after nation is cracking down on it. In fact, legislation has been introduced once again in Congress that would give the president of the United States an “Internet kill switch” that he would be able to use in the event of war or emergency. Of course there would be a whole lot of wiggle room in determining what actually constitutes a true “emergency”. The members of Congress that are pushing this “Internet kill switch” bill want the U.S. to become more like China in this regard.

#27 A shocking document released by Wikileaks proves that high level U.S. government officials have been pushing for North American integration.  According to the document, some of the goals of this integration would be to turn North America into an economic zone similar to the EU, to have one common currency for the entire continent and to have one common “security perimeter” for the entire continent.

Let us hope that a plan like this never comes to pass.

#28 One of the most liberty-killing pieces of legislation in recent years was the Patriot Act.  Unfortunately, the vast majority of Republicans and the vast majority of Democrats will never vote against the renewal of the Patriot Act because they don’t want to look “soft” on terrorism.

About the only U.S. Senator to stand up against the Patriot Act is Rand Paul.  He is doing all he can to fight a one man battle against the Patriot Act but Senate Majority Leader Harry Reid is doing his best to extend the Patriot Act without any debate taking place.

Top Democrats are attempting to claim that even debating the renewal of Patriot Act provisions would “endanger” national security.

Of course most Republicans are not going to stand in the way because they absolutely love the Patriot Act.

If you still believe that the Patriot Act is a good idea, you should watch this video, and you should readthis recent article.

#29 If you display the wrong political message on your car, you may find law enforcement officials cracking down on you.

A 73-year-old Virginia resident was recently kicked out of a national park for displaying a sticker promoting “Ron Paul’s Campaign for Liberty” on his car.

The following is an excerpt from a recent Rutherford Institute report about this incident….

The Rutherford Institute has come to the defense of a 73-year-old Virginia resident who was allegedly ordered by a park ranger to remove his car from a national military park in South Carolina because of political messages attached to his vehicle. Jack Faw, whose ancestors fought in the historic battle memorialized at Kings Mountain National Military Park, contacted The Rutherford Institute after being told by a park ranger that the decal promoting a political organization associated with Rep. Ron Paul (R-TX), which was displayed on the back window of Faw’s car, was not allowed in the park.

#30 Brutal crowd control techniques are not just for major events anymore. Recently, riot police in Illinois used tear gas, LRAD sound weapons and crowd suppression tactics against a bunch of college students that were just blowing off some steam at a year-end block party at Western Illinois University.

#31 The U.S. government is gathering more information on all of us than ever before.  According to a recent article in the Baltimore Sun, every six hours the volume of information that the NSA gathers is equivalent to the entire Library of Congress.

Nobody is anonymous anymore.  The truth is that the U.S. government, governments across the globe and major international corporations have more information about you than you probably ever dared to imagine.

#32 If you think things are bad now, just wait until you see what global authorities have planned for the future.

Are you ready to live in a “Planned-opolis”?  Are you ready to use a “calorie card” and to have what you eat determined by a “global food council”?

The following video was originally produced by the Forum for the Future, a major NGO funded by big corporations such as Time Warner and Royal Dutch Shell.  In this video, the Forum for the Future presents their chilling version of the future….

If you don’t want to live in a “Planned-opolis” where everything you do is constantly watched, tracked and controlled by a horde of bureaucrats then you better say something now.

The entire globe is moving in the direction of totalitarianism.  Our world is literally becoming a prison grid.  Of course those in power say that we need more regulation and more control “for the good of humanity”, but that has never worked out too well in the past, now has it?

If you don’t like the direction this world is headed then now is the time to stand up and let your voice be heard.  If you wait until they are ripping the last shreds of liberty and freedom away from you it will be too late.

Source-http://endoftheamericandream.com/archives/32-signs-that-the-entire-world-is-being-transformed-into-a-futuristic-big-brother-prison-grid

DHS Merges with Pentagon and NSA Under Obama’s Cyber Threat Plan

(Kurt Nimmo)  roposed legislation that will give the Department of Homeland Security more “autonomy” in its effort to protect civilian computer networks from ostensible cyber attack, according to Information Week.

White House officials testified Monday before the Senate Committee on Homeland Security and Governmental Affairs about the comprehensive plan presented by the administration two weeks ago to create legislation to protect critical infrastructure and networks. It will merge operations with the Pentagon.

CBS propaganda: Cyber threat will destroy super power status of the U.S.

“One key aspect of the plan is to put the DHS’s mission to protect U.S. federal civilian networks on par with the DOD’s mission to protect U.S. military networks, giving the DHS more autonomy to act against cyberthreats on behalf of the government than before,” writes Elizabeth Montalbano for the technology publication.

DHS has also sought to merge the effort with the NSA and various civilian operations.

Last October, the Obama administration adopted new procedures for using the Defense Department’s vast array of cyberwarfare capabilities in case of an attack on vital computer networks inside the United States, “delicately navigating historic rules that restrict military action on American soil,” according to the New York Times.

According to the Times, a team of military networking experts would be assigned to the operations center at the Homeland Security Department. The new approach will begin with a Department of Homeland Security team deploying to Fort Meade, Maryland, home to both the National Security Agency, which specializes in electronic espionage, and the military’s new Cyber Command.

At the time, government officials said the new rules contain “a rapid response to a cyberthreat while balancing concerns that civil liberties might be at risk should the military take over such domestic operations,” in other words the government announced effort to protect against the hyped threat of cyber terrorism would require a sacrifice of liberty.

The DHS plan announced on Monday will give “the DHS – recognizing our similar role to DOD with regard to federal civilian networks – similar authority with regard to personnel so we can bring them on board rapidly,” Philip R. Reitinger, deputy undersecretary for the DHS National Protection and Programs Directorate, told Congress.

The plan also gives DHS “much clearer authority and responsibility to work in a voluntary way” with the private sector, something it already has been doing, Reitinger added.

In 2009, Pentagon spokesman Bryan Whitman sidestepped answering if the Pentagon’s cyber command would be capable of offensive operations as well as protecting the Department of Defense. “This command is going to focus on the protection and operation of DoD’s networks,” he said. “This command is going to do what is necessary to be able to do that.”

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In 2006, a Pentagon document entitled the Information Operation Roadmap was released to the public after a Freedom of Information Request by the National Security Archive at George Washington University.

It states that the Pentagon has developed a “robust offensive suite of capabilities to include full-range electronic and computer network attack… We Must Fight the Net.”

Source-http://www.infowars.com/dhs-merges-with-pentagon-and-nsa-under-obamas-cyber-threat-plan/

Feds Seize 8 More Domains In Piracy Crackdown

(David Kravets) The Department of Homeland Security seized at least eight website addresses over the weekend, bringing to 128 the number of domains confiscated as part of a government piracy crackdown.

The government is taking the sites with court approval, under the same civil seizure law the government invokes to seize brick-and-mortar drug houses, bank accounts and other property tied to illegal activity.

The seizures, first reported by TorrentFreak, came as Congress is mulling dramatically increasing the government’s legal power to disrupt and shutter websites “dedicated to infringing activities.”

The sites seized are:

  • Re1ease.net
  • Watchnewfilms.com
  • Dvdcollectionsale.com
  • Dvdscollection.com
  • Dvdsetsonline.com
  • Newstylerolex.com
  • Mygolfaccessory.com
  • Overbestmall.com

DHS’s Immigration and Customs Enforcement agency began seizing the domains last year in a program known as “Operation in Our Sites.”

Source-http://www.wired.com/threatlevel/2011/05/eight-domains-seized/

More Twisters To Come

( Jonathan Erdman)  Sadly, given the events in Joplin, Mo. and Minneapolisthis past weekend, we are not through with severe weather this week. Not by a longshot.

The ingredients are in place for a classic Plains tornado outbreak Tuesday. First, we have a screencast discussing how this setup compares to the infamous May 3, 1999 tornado outbreak. Then, we’ll highlight the area of greatest risk, then step through why this is the case.

Another May 3, 1999?

The very date is chilling. An F5 tornado, the first on record documented in the Oklahoma City metro, carved through the area that afternoon and evening.

Senior Meteorologist Jonathan Erdman (Follow Jonathan on Twitter) compares the weather setup Tuesday vs. the May 3, 1999 setup in the video below. The message here isn’t necessarily that there will be another Moore/Oklahoma City event Tuesday. We can’t predict exact supercell tracks ahead of time. However, it suggests the potential atmospheric setup is at least on par, if not more explosive than that May 3, 1999 event!

Tuesday’s Outbreak Forecast Now let’s examine the areas of greatest risk Tuesday.

NOAA’s Storm Prediction Center typically issues a high risk for severe t-storms only when a major severe weather outbreak is anticipated. This often includes a concentration of strong tornadoes. 

Below is a clickable map highlighting the area of high risk Tuesday in the Plains states.

Cities in “high risk”Wichita | Oklahoma City | Tulsa

TWC Severe Weather Expert, Dr. Greg Forbes (Find him on Facebook) has updated thelatest TOR:CON tornado-risk index values, as well.

SPC “high risk” days in 2011
This is the fourth “high risk” day so far this spring. Here is a list of the other three days and how they turned out. While not all “high risk” days verify as major severe weather events, the record so far this spring is perfect.

  • Apr. 16: “Carolina Outbreak” (69 tornadoes…32 in NC…13 in VA…26 killed)
  • Apr. 26: “Mid-South Outbreak” (56 tornadoes….1 killed in AR)
  • Apr. 27: “Southeast Outbreak” (232 tornadoes315 killed)

Why is Tuesday looking so dangerous? Put simply, it’s a setup straight out of meteorology textbooks. Let’s delve into the ingredients.

Moisture: Check!

First, you need rich low-level moisture to provide fuel for thunderstorms. Below is a current dew point map of the Plains showing surface moisture values. Values in the 50s are considered a minimum bound for significant severe t-storm development. Dew points in the 60s and 70s indicate more muggy air near the surface. Assuming the moisture is deep enough, the more humid the air, the lower the thunderstorm’s cloud base, more favorable for not only supercells, but tornadic supercells (more on that later).

Click for more maps
Latest dew point map for Plains states | See more current maps
Instability: Check!

To support severe t-storms, you want cold, dry air aloft with warm, muggy air near and just above the earth’s surface. Meteorologists use a parameter called convective available potential energy or “CAPE” to identify areas where that instability exists to support severe thunderstorms. The higher the CAPE, the stronger a thunderstorm’s updraft is, assuming there’s no warm air aloft to squelch the formation of thunderstorms.

As you can see highlighted below, the central Plains have plenty of instability, denoted by the purple and dark blue shadings.

Forecast of “CAPE” for Tuesday afternoon 4pm CDT
Image: Wright-Weather.com

For supercell thunderstorms, you also need strong wind shear. 

Wind Shear: Check!

Put simply, changing wind speeds and direction with height, “wind shear” allows a thunderstorm’s downdraft to deposit heavy precipitation away from its updraft. In addition to vertical pressure gradients generated, this allows a “supercell” thunderstorm to persist for hours at a time.

One way the so-called “deep-layer” shear is maximized is by a “streak” of jet-stream-level energy punching over the top of the warm, humid low-level air mass.

In the image loop below, you can see that jet streak coming out of the Desert Southwest, punching into the Plains states Tuesday afternoon and evening.

Forecast jet stream level wind speeds from 8am ET Tue. – 2am ET Wed.
Images: Wright-Weather.com

So now we’ve detailed some ingredients for supercell thunderstorms. But what is it that makes them tornadic?

Near-surface boundaries: Check!

Finally….you need a mechanism to lift the warm, humid air near the surface, a place where near-surface winds converge, or come together. In the Plains this time of year, this often happens along either the dryline (brown scalloped line in map below) or along cold or warm fronts.

In addition, research has suggested that what separates tornado outbreaks from severe thunderstorm outbreaks is the magnitude of the low-level wind shear, or how quickly the winds change from the surface to just a thousand feet or so aloft. Generally speaking, the greatest low-level wind shear can be found near surface low pressure systems or warm fronts. Indeed Tuesday, a dryline, surface low, and warm front will all be in play.

Forecast surface weather map for Tuesday evening, May 24, 2011.
Image: NOAA/HPC
A strong cap: Check!

With all these ingredients in play, sometimes the atmosphere can’t keep a lid on it long enough to realize its full potential.

The most classic Plains tornado outbreaks feature a strong “cap” or inhibiting lid, a few thousand feet in the atmosphere effectively squelching t-storm development until peak heating of the atmosphere occurs in late afternoon.

Think of this in terms of a pot of water on the stove. If you don’t cover the pot of water, the steam escapes freely as the water boils. When the atmosphere remains uncapped in the morning or early afternoon, you may still get severe thunderstorms, but they may be more numerous and less vigorous, and may squash the potential for more dangerous storms later, or completely stabilize the atmosphere inhibiting any later-day storms.

However, add a cover to the pot, wait a period of time, then remove the cover, and the steam rushes up from the boiling water more vigorously than if it wasn’t covered. This is the role of the “cap” in the atmosphere. The result, dangerous supercell thunderstorms erupt in the late afternoon or early evening.

You can see the cap holding over the Plains in the animated model forecast radar map below. Note the lack of rain/t-storms in southern Kansas, Oklahoma, and Texas during the day, followed by an eruption of storms by late evening.

Model forecast radar from 8am ET to 8pm ET Tuesday
Images: Wright-Weather.com

Unfortunately, this isn’t just limited to Tuesday. Dr. Forbes projects the tornado outbreak spreads east Wednesday. The peak tornado threat Wednesday appears to be from Iowa to northeast Texas.

Source-http://www.weather.com/outlook/weather-news/news/articles/tornado-outbreak-tue-classic-ingredients_2011-05-23

VIDEO-Judge Ordered TSA Patdowns At Santa Fe Prom

(Thomas Dishaw) A Federal Judge has ordered TSA to be present at a Santa Fe prom. In response to two sisters getting” groped” at a high school dance, a New Mexico Judge ruled TSA had to supervise this years event by making students go through TSA pat downs and gropings.  Thankfully the school district couldn’t comply with  the judges orders,because of time constraints. In turn State Police were brought in to search the students and get them accustomed to the unfolding ” police state”.

Tornado Destroy’s Joplin Missouri

(AP)  A massive tornado that tore through the southwest Missouri city of Joplin killed at least 89 people, but authorities warned that the death toll could climb Monday as search and rescuers continued their work at sunrise.

City manager Mark Rohr announced the number of known dead at a pre-dawn news conference outside the wreckage of a hospital that took a direct hit from Sunday’s storm. Rohr said the twister cut a path nearly six miles long and more than a half-mile wide through the center of town, adding that tornado sirens gave residents about a 20-minute warning before the tornado touched down on the city’s west side.

Much of the city’s south side was leveled, with churches, schools, businesses and homes reduced to ruins.

Fire chief Mitch Randles estimated that 25 percent to 30 percent of the city was damaged, and said his own home was among the buildings destroyed as the twister swept through this city of about 50,000 people some 160 miles south of Kansas City.

“It cut the city in half,” Randles said.

An unknown number of people were injured in the storm, and officials said patients were scattered to any nearby hospitals that could take them.

Authorities planned to conduct a door-to-door search of the damaged area Monday morning, but were expected to move gingerly around downed power lines, jagged debris and a series of gas leaks that caused fires around the city overnight.

“We will recover and come back stronger than we are today,” Rohr said defiantly of his city’s future.

Early Monday, Gov. Jay Nixon said fires from gas leaks still burned across the city.

“It’s a very, very precarious situation,” Nixon told CNN. “It’s going to be a stark view as people see dawn rise in Joplin, Missouri.”

Residents said the damage was breathtaking in scope.

“You see pictures of World War II, the devastation and all that with the bombing. That’s really what it looked like,” said Kerry Sachetta, the principal of a flattened Joplin High School. “I couldn’t even make out the side of the building. It was total devastation in my view. I just couldn’t believe what I saw.”

The same storm system that produced the Joplin tornado spawned twisters along a broad swath of the Midwest, from Oklahoma to Wisconsin. At least one person was killed in Minneapolis. But the devastation in Missouri was the worst of the day, eerily reminiscent the tornadoes that killed more than 300 people across the South last month.

Sunday’s storm in Joplin hit a hospital packed with patients and a commercial area including a Home Depot construction store, numerous smaller businesses and restaurants and a grocery store. Jasper County emergency management director Keith Stammer said an estimated 2,000 buildings were damaged.

Among the worst-hit locations in Joplin was St. John’s Regional Medical Center. The staff had just a few moments’ notice to hustle patients into hallways before the storm struck the nine-story building, blowing out hundreds of windows and leaving the facility useless.

In the parking lot, a helicopter lay crushed on its side, its rotors torn apart and windows smashed. Nearby, a pile of cars lay crumpled into a single mass of twisted metal. Matt Sheffer dodged downed power lines, trees and closed streets to make it to his dental office across from the hospital. Rubble littered a flattened lot where a pharmacy, gas station and some doctor’s offices once stood.

“My office is totally gone. Probably for two to three blocks, it’s just leveled,” he said. “The building that my office was in was not flimsy. It was 30 years old and two layers of brick. It was very sturdy and well built.”

St. John’s patients were evacuated to other hospitals in the region, said Cora Scott, a spokeswoman for the medical center’s sister hospital in Springfield.

Early Monday morning, floodlights from a temporary triage facility lit what remained of the hospital that once held as many 367 patients. Police officers could be seen combing the surrounding area for bodies.

Miranda Lewis, a spokeswoman for St. John’s, was at home when the tornado sirens began going off. By early Monday, she still had no details on any deaths or injuries suffered at the hospital in the tornado strike, although she had seen the damaged building.

“It’s like what you see someplace else, honestly,” Lewis said. “That’s a terrible way to say it, but you don’t recognize what’s across the street.

“I had seen it on television, but until you’re standing right here and see the devastation, you can’t believe it.”

Michael Spencer, a national Red Cross spokesman who also assisted in the aftermath of a tornado that devastated nearby Pierce City in 2003, was also stunned.

“I’ve been to about 75 disasters, and I’ve never seen anything quite like this before,” Spencer said. “You don’t typically see metal structures and metal frames torn apart, and that’s what you see here.”

Triage centers and shelters setup around the city quickly filled to capacity. At Memorial Hall, a downtown entertainment venue, nurses and other emergency workers from across the region were treating critically injured patients.

At another makeshift unit at a Lowe’s home improvement store, wooden planks served as beds. Outside, ambulances and fire trucks waited for calls. During one stretch after midnight Monday, emergency vehicles were scrambling nearly every two minutes.

Winds from the storm carried debris up to 60 miles away, with medical records, X-rays, insulation and other items falling to the ground in Greene County, said Larry Woods, assistant director of the Springfield-Greene County Office of Emergency Management.

Travel through and around Joplin was difficult, with Interstate 44 shut down and streets clogged with emergency vehicles and the wreckage of buildings.

Emergency management officials rushed heavy equipment to Joplin to help lift debris and clear the way for search and recovery operations. Gov. Jay Nixon declared a state of emergency, and President Barack Obama said the Federal Emergency Management Agency was working with state and local agencies.

Jeff Lehr, a reporter for the Joplin Globe, said he was upstairs in his home when the storm hit but was able to make his way to a basement closet.

“There was a loud huffing noise, my windows started popping. I had to get downstairs, glass was flying. I opened a closet and pulled myself into it,” he told The Associated Press. “Then you could hear everything go. It tore the roof off my house, everybody’s house. I came outside and there was nothing left.”

An aching helplessness settled over residents, many of whom could only wander the wreckage bereft and wondering about the fate of loved ones.

Justin Gibson, 30, huddled with three relatives outside the tangled debris field of what remained of a Home Depot. He pointed to a black pickup that had been tossed into the store’s ruins and said it belonged to his roommate’s brother. “He was last seen here with his two little girls,” ages 4 and 5, Gibson said.

“We’ve been trying to get ahold of him since the tornado happened,” Gibson said, adding his own house had been leveled.

“It’s just gone. Everything in that neighborhood is gone. The high school, the churches, the grocery store. I can’t get ahold of my ex-wife to see how my kids are,” he said, referring to his three children, ranging in age from 4 months to 5 years.

“I don’t know the extent of this yet,” Gibson said, “but I know I’ll have friends and family dead.”

Minneapolis city spokeswoman Sara Dietrich said the death there was confirmed by the Hennepin County medical examiner. She had no other immediate details. Only two of the 29 people injured there were hurt critically.

Though the damage covered several blocks in Minneapolis, it appeared few houses were totally demolished. Much of the damage was to roofs, front porches that had been sheared away, or smaller items such as fences and basketball goals.

In Wisconsin, the mayor of La Crosse declared a state of emergency Sunday after a powerful storm tore roofs from homes and littered streets and lawns with downed trees and debris.

Additional storms were predicted across the southern Plains through Thursday morning.

An advisory from the Storm Prediction Center in Norman, Okla., said warm weather Monday could fuel instability in advance of another weather system. A few tornadoes, some strong, could occur – starting in Oklahoma and southern Kansas in the afternoon and in North Texas in the late afternoon.

Photos-http://www.stltoday.com/news/local/metro/article_510b0a86-84cf-11e0-9387-001a4bcf6878.html?mode=image&photo=2

Source-http://www.stltoday.com/news/local/article_510b0a86-84cf-11e0-9387-001a4bcf6878.html

Gold, Silver Coins To Be Legal Currency In Utah

(AP)  Utah legislators want to see the dollar regain its former glory, back to the days when one could literally bank on it being “as good as gold.”

To make that point, they’ve turned it around, and made gold as good as cash. Utah became the first state in the country this month to legalize gold and silver coins as currency. The law also will exempt the sale of the coins from state capital gains taxes.

Craig Franco hopes to cash in on it with his Utah Gold and Silver Depository, and he thinks others will soon follow.

The idea is simple: Store your gold and silver coins in a vault, and Franco issues a debit-like card to make purchases backed by your holdings.

He plans to open for business June 1, likely the first of its kind in the country.

“Because we’re dealing with something so forward thinking, I expect a wait-and-see attitude,” Franco said. “Once the depository is executed and transactions can occur, then I think people will move into the marketplace.”

The idea was spawned by Republican state Rep. Brad Galvez, who sponsored the bill largely to serve as a protest against Federal Reserve monetary policy. Galvez says Americans are losing faith in the dollar. If you’re mad about government debt, ditch the cash. Spend your gold and silver, he says.

His idea isn’t to return to the gold standard, when the dollar was backed by gold instead of government goodwill. Instead, he just wanted to create options for consumers.

“We’re too far down the road to go back to the gold standard,” Galvez said. “This will move us toward an alternative currency.”

Earlier this month, Minnesota took a step closer to joining Utah in making gold and silver legal tender. A Republican lawmaker there introduced a bill that sets up a special committee to explore the option. North Carolina, Idaho and at least nine other states also have similar bills drafted.

At the moment, Franco’s idea would generally be the only practical use of the law in Utah, given the legislation doesn’t require merchants to accept the coins, either at face value – $50 for a 1-ounce gold coin – or market value, currently almost $1,500 per ounce. And no one expects people will be walking around town with pockets full of gold and silver.

Matt Zeman, market strategist for Kingsview Financial in Chicago, expects more people will start investing in gold as America’s growing debt and bankruptcies in other countries continue to decrease the value of government-backed money.

“You’ve seen gold replacing these currencies as safety instruments,” Zeman said. “If I don’t feel good about the dollar or other currencies, I’m putting my money in precious metals.”

Some supporters, including the law’s sponsor, seek to push Congress toward removing the tax burdens that discourage use of the coins, such as a federal capital gains tax.

“Making gold and silver coins legal tender sends a strong signal to Congress and the Federal Reserve that their monetary policy is failing,” said Ralph Danker, project director for economics at the Washington, D.C.-based American Principles in Action, which helped shape Utah’s law. “The dollar should be backed by gold and silver, so we have hard money.”

The U.S. and many other countries largely abandoned gold-backed money during World War II because they needed to print more cash to pay for the war. Later, during the Great Depression, President Franklin D. Roosevelt took steps that essentially prohibited gold and silver as legal currency to prevent hoarding.

In 1971, President Nixon formally abandoned the gold standard.

Fifteen years later, the U.S. Mint began producing the gold and silver American Eagle coins, primarily aimed at investment portfolios and allowing people to trade them at market value but with capital gains taxes on profits.

Utah is now allowing the coins to be used as legal tender while levying no taxes.

Opponents of the law warn such a policy shift nationwide could increase the prospect of inflation and could destabilize international markets by removing the government’s flexibility to quickly adjust currency prices.

“We’d be going backward in financial development,” said Carlos Sanchez, director of Commodities Management for The CPM Group in New York. “What backs currency is confidence in a government’s ability to pay debt, its government system and its economy.”

Larry Hilton, a Utah attorney who helped draft the law, disagrees and says the gold standard would restore faith in American money at a time when spiraling debt is weakening confidence.

“We view this as a dollar-friendly measure,” Hilton said. “It will strengthen the dollar by refocusing policy matters in Washington on what led to the phrase, `the dollar is as good as gold.'”

Source-http://hosted.ap.org/dynamic/stories/U/US_BACK_TO_GOLD?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2011-05-22-15-23-20

Air Force Wants to Track You Forever With a Single Camera Click

(Noah Shachtman)  Don’t bother with the iris scanner or the fingerprinting machine. Leave the satellite-enabled locators andtell-tale scents back on the base, military manhunters. If an Air Force plan works out as planned, all you’ll need to track your prey is a single camera, snapping a few seconds of footage from far, far away.

Huntsville, Alabama’s Photon-X, Inc. recently received an Air Force contract to develop such a camera. With one snap, the company claims, its sensor can build a three-dimensional image of a person’s face: the cornerstone of a distinctive “bio-signature” that can be used to track that person anywhere. With a few frames more, the device can capture that face’s unique facial muscle motions, and turn those movements into a “behaviormetric” profile that’s even more accurate.

“The proposed work will help identify non-cooperative dismounts using remote sensors, from standoff distances that were previously impossible,” reports Toyon Research Corporation, which also got an Air Force grant for bio-signature development. “This identity information can help intelligence analysts connect specific people to events and locations, and learn about insurgent operations.”

But the combo won’t just help flesh-and-blood airmen keep tabs on their fellow humans, Photon-X adds. It “can help Humanoid Robots navigate and find objects in a cluttered room.”

And it could be used to monitor suspicious behavior practically anywhere. “A brief list of potential industries includes law enforcement, banking, private corporations, schools and universities, casinos, theme parks, retail, and hospitality.”

So the next time you’re at the Bellagio, and a real-life android walks up to you, calls you by name, and asks about what you thought was an extremely private evening — you can thank the Air Force and its tech-enabled manhunters for the experience.

Source-http://www.wired.com/dangerroom/2011/05/smile-air-force-wants-to-track-you-forever-with-a-single-camera-click/

Near Future Technical Indicators For Gold, Silver & Oil

(Brian L Wilson)  Now that we are at a crossroads in both commodity and equity markets heavy technical analysis, in addition to a standard fundamental outlook, may prove useful in identifying the next big swings – before they occur – for gold, silver), and crude oil… [and answer the prevailing question of those looking to establish, or re-establish, commodity positions: “Is now the time to jump into one or more of these markets or should I] sit on the sidelines a bit longer. [Let’s take a look.] Words: 2012

So says Brian L. Wilson  in an article* which Lorimer Wilson, editor of www.munKNEE.com, has further edited ([  ]), abridged (…) and reformatted below  for the sake of clarity and brevity to ensure a fast and easy read. Please note that this paragraph must be included in any article re-posting to avoid copyright infringement. Wilson goes on to say:

A: Gold

Fund: SPDR Gold Trust (GLD)

Gold has been the primary go-to commodity for inflation hedging for years now. As the primary store of wealth throughout history, its recent appeal as a safe haven against currency debasement has driven the price up significantly in addition to its increasing demand. Despite the commodities selloff which has crushed silver and oil spot prices, gold has been more resilient. Looking at its price history, this makes sense as gold has had steady appreciation for years. If a bigger correction ever did come, gold investors may have more time to exit their positions.

With a recent turnaround in the value of the U.S. dollar, whether gold still remains an attractive asset at the… 1500$/oz. [see this article (1) for the correct designation of ozt. not oz.]  level is largely up to speculation rather than any easily understandble economics. [While] some will argue that gold has reached the bubble stage – and the widespread popularity of the yellow metal does add to this argument – [gold is, nevertheless,]… the most popular hedge against impending inflation.

[The graph below shows the MACD and the RSI for gold over the past year



The MACD Trend for Gold

MACD measures how the 12 and 26 day exponential moving averages behave relative to each other. [For a more detailed description of this indicator and others in the trend category read  this article (2) entitled “Yes, You Can Time the Market – Use These Trend Indicators.”] Positive MACD will indicate upward price acceleration for instance.

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In the case of GLD, one can see that there is accelerating downward pressure in the gold market. The 12 day EMA (exponential moving average) is dropping faster than the 26 day can keep up, signaling that:

The selling [in gold] is going to stay and possibly accelerate in the near future. The declining 12 day EMA is a strong bearish signal, but this kind of downward pressure isn’t sustainable for very long.

The RSI Momentum for Gold

The RSI measures momentum through an equation which factors in gains and losses made in 14 periods (days in this case). In layman’s terms, it describes what the market is doing. High is buy, low is sell.  [For a more detailed description of this indicator and others in the momentum category read  this article (3) entitled “Ride the Market Waves With These 6 Momentum Indicators.”]

One can see that the gold market became overbought at the end of April, before dropping to a more even territory in just a week.

Right now gold is neither overbought nor oversold, so RSI suggests sideways trading for now.

The Volatility Indicator for Gold

GLD’s chart [above], with some key moving averages and bollinger bands [For a more detailed description of this volatility indicator read  this article (4) entitled “Here’s How to Time the Market!”] added in provides another view which suggests that:

Gold will remain somewhat immune to the volatility of the commodity markets in the near future...

While the 10 day moving average is in a steady decline (approaching the 50 day average and crossing the 20 day), the drop is not steep enough to signal any drastic changes in the foreseeable future and paints:

A neutral, albeit slightly bearish, picture for the short term price action of gold.

A steadily increasing 200 day moving average signals that gold is retaining its overall strength as an asset class for the long term. In addition, the 50 day line is oscillating well above it. This is a somewhatbullish signal for the long term, as the slow momentum is still upwards using moving average analysis.

Overall, weighing all technical data:

Gold is showing immunity to drastic price changes and will likely trade steadily downwards in the near future but should reverse as selling dissipates

As such, this provides a good opportunity for gold bulls to add to their position in the coming weeks, assuming that the trend can reverse in June.

B: Silver

Fund: iShares Silver Trust (SLV)

The latest hot commodity to hit the market, Silver, has only recently enjoyed the enthusiastic demand that has propelled gold’s price for the last few years. Becoming unstable in late April, it suffered a massive crash– not too dissimilar to its cliff-drop in the 1980′s. Now that the correction is slowing down, can technical indicators point to a reversal, or at least a price floor?

Fundamentally, silver has become popular for many of the same reasons as gold [but]  this doesn’t explain why silver performed so spectacularly February, March, and April especially. Simply put, bullish sentiment on the white metal has been through the roof all year. With outlandish estimates by some analysts saying that the metal will be worth $200 [ per ozt.] in a few months, [read this article(5) that has used fractal analysis to forecast that silver is going to $52.80 to $56 dollars before the end of June and this article (6) using Elliott Wave analysis sees the price of silver will reach $52.58 within the same period]  it’s easy to see why there were so many buyers. Gold had enjoyed a huge run in the last few years, and it was argued that even though silver had gotten significantly more expensive in 2010, it was still very cheap. While this is true on a gold to silver price ratio [read this article (7) for both a historical perspective on the silver:gold ratio and what it might mean for the future price of silver should gold go parabolic to $3,000, $5,000 or even $10,000 per troy ounce in price in the years ahead] the… [major] rise in its price made a short term correction necessary. Fundamentally, after its nasty correction thus far in May:

Silver is close to where it “should” be and may be within buying range for aggressive traders.

The MACD Trend for Silver

The MACD indicator [as shown above] demonstrates just how drastic silver’s decline was. It’s visible from the big chunk of negative MACD one can see for the entire month of May thus far. The 13 day moving average fell right through the $26, dropping like a rock for two weeks straight. MACD suggests that the acceleration in the price drop of silver may have hit a peak already, but is not over yet. Based on this stochastic:

Silver will remain bearish until MACD returns to positive territory and begins a positive acceleration.

The RSI Momentum for Silver

RSI paints a less drastic picture, but remains bearish in looks. The silver hysteria kept the ETF’s RSI in overbought territory for most of April. In hindsight, this crash was inevitable! The kind of buying momentum propelling silver in April was nothing short of mass hysteria.

The picture will stay bearish until RSI heads into buying territory again, as there has been a complete 180 [degree turn] in the silver market which may take some time to dissipate.

 

SLV’s chart [above] contains some possible clues as to where (and maybe when) silver may settle. While the 10 day moving average has blown right through the 50-day moving average, the 200-day is slowly drifting upwards. The current selling pressure is as unsustainable as its parabolic rise in April.

If silver does drop all the way to the 200-day average (where it should find support from technical traders), SLV will bottom around $30 a share – assuming a smooth deceleration of the drop. This seems more likely than any other alternative.

[The “Bump and Run Pattern” of technical analysis in this article (8) recently suggested that $33 would be the low for silver while this article (9) by Martin Armstrong suggests that silver might go as low as $23.50 to $26.50 with a yearly support level of $28.]

Crude Oil

Fund: US Oil Fund (USO)

Oil has had an interesting year thus far. Mubarak, and later Gaddafi were big drivers in oil’s massive run earlier this year as well as fear of uranium issues. Bearish sentiment on the dollar has also had some impact on oil, as those looking to diversify their inflation hedges chose oil investments alongside the precious metals…

Energy enjoyed the spotlight for the months of February and March. The political uprisings in the Middle East have caused a newfound fear of oil supply shocks, and the Fukushima incident has caused immense amounts of skepticism of the viability of nuclear power. Due to all this and more, oil has increased tremendously in price. Overall, it has been stated many times this year that the oil supply and demand equilibrium never justified the incredibly high $112/bbl that we saw just a few weeks ago. With projections of increasing oil consumption, especially by the BRIC nations, is the current price hovering around $100/bbl going to stay? The short term remains hard to forecast with the volatility of the broader commodities market. This is where technical analysis can be useful.

The MACD Trend for Crude Oil

MACD analysis on USO shows a very strong acceleration in the fund’s downtrend. The initial acceleration enjoyed by oil bulls in March (from geopolitical unrest) seems to have finally corrected with the same level of volatility. This indicator points to:

Short and medium term declines for oil until it reverts to zero, similar to silver. The picture, at least for now, is bearish but the decline is unsustainable at this speed.

The RSI Momentum for Crude Oil

RSI indicates that:

Oil is in selling territory, and may remain so for a while as it looks like it may prod even deeper.

USO’s chart [above] shows just how dramatic the selling in oil assets has been. Based upon modern history, USO has always shown strong support at its 200-day moving average. We will see in the coming days whether this will hold true, as it will be a hard test based on the current momentum. The moving averages are all in decline, with the 10-day blowing through the 50-day in an abnormally steep decline.

If the 200-day moving average holds, the current drop will bottom out close to $37.50. If the price manages to fall through this floor it will likely cause technical traders to consider shorts in the position. With little else to base USO trades on for the time being, psychologically important price levels are crucial to determine direction.

Technicals look bearish on oil for the time being, but watch for a bottom. The selling simply can’t last forever.

Conclusion

Overall, Gold, Silver and Crude Oil show no signs of reversal yet. Those looking to establish commodity positions may want to sit on the sidelines a bit longer.

Links to Articles Referenced Above

  1. What’s the Difference Between 1 Gold Karat, 1 Diamond Carat and 1 Troy Ounce?www.munknee.com/2011/03/whats-the-difference-between-1-gold-karat-1-diamond-carat-and-1-troy-ounce/
  2. Yes, You Can Time the Market – Use These Trend Indicatorswww.munknee.com/2011/05/timing-the-market-using-trend-indicators/ 
  3. Ride the Market Waves With These 6 Momentum Indicators www.munknee.com/2011/05/ride-the-market-waves-with-these-6-momentum-indicators/
  4. Here’s How to Time the Market! www.munknee.com/2011/05/time-the-market-by-using-these-market-strength-and-volatility-indicators/
  5. Goldrunner: “$52 to $56 Silver by Mid-year” Update www.munknee.com/2011/04/goldrunner-%e2%80%9c52-to-56-silver-by-mid-year%e2%80%9d-update/
  6. Elliott Wave Analyst Suggests Silver to See $52.58 by Mid -Junewww.munknee.com/2011/05/elliott-wave-analyst-suggests-silver-to-see-52-58-by-mid-june/
  7. Why Silver at $398.52 is a Realistic Parabolic Peak Price www.munknee.com/2011/05/silver/
  8. “Three Peaks” Pattern Suggests Gold to Decline 17% into June!www.munknee.com/2011/05/%e2%80%9cthree-peaks%e2%80%9d-pattern-suggests-gold-to-decline-17-into-june/
  9.  Martin Armstrong Asks: Will Silver Crash in 2011?  www.munknee.com/2011/05/martin-armstrong-asks-will-silver-crash-in-2011/

*seekingalpha.com/article/270525-what-s-in-store-for-gold-silver-and-oil?source=email_macro_view

‘Massive Terror Drill’ In Boston Yesterday Called “Urban Shield”

(Jessica Fargen)  First responders pulled off more than a dozen terror and emergency response drills from Winthrop to Quincy yesterday as gun-toting cops, bomb squads, firefighters and paramedics prepared for the worst.

The federally funded $1 million exercise, dubbed “Urban Shield Boston,” involved 600 responders from across the metro area and took place throughout the day and night.

Some have complained Urban Shield was ill-timed on such a busy weekend, with marquee sporting events, a Hatch Shell concert, five Boston-area college graduations and sunny, dry weather after a week of rain and clouds.

The exercises also coincided with Judgment Day, when a Bible-thumping California millionaire predicted — incorrectly — the world would end.

Boston Police Deputy Superintendent Thomas Lee, speaking after a mock hostage situation on a ferry in Winthrop, said, “We are testing our capabilities.”

Urban Shield plans included police storming the Boston Marriott Copley Place, weapons drawn, in an active shooter situation. In South Boston, a SWAT team responded to a Mumbai-style assault. In Cambridge, officers dealt with a faux toxic spill.

David Houghton, 29, who watched the Winthrop hostage situation unfold, wasn’t bothered.

“Practice makes perfect,” he said.

Source-http://www.bostonherald.com/news/regional/view.bg?articleid=1339710&srvc=rss

World Bank: A New World Order Emerging

(Free Malaysia)  Emerging economies in the Asia Pacific region would continue to post growth rates that would exceed those of the developed countries, making it possible for the world’s total production being equally divided among the rich and the emerging markets by 2025.

It was among the highlights of the latest report of the World Bank, entitled “Global Development Horizons 2011–Multi-polarity: The New Global Economy”, reports Yonhap news agency Thursday.

The report forecasted that emerging economies could grow by an average of 4.7 percent this year until 2025, while the industrialised nations are only projected to expand by an average of 2.3 percent. Because of this, the developing economies will eventually catch up with the rich nations in terms of contributions to global output, the report added.

“One of the most visible outcomes of this transformation is the rise of a number of dynamic emerging market countries to the helm of the global economy,” the World Bank said.

The World Bank noted that emerging markets now account for two- thirds of the world’s foreign exchange reserves–a reversal of the picture of the previous decade when industrialized countries owned the bulk of the reserves.

China has the biggest share of the global reserves among emerging markets at US$3 trillion.

“In short, a new world order with a more diffused distribution of economic power is emerging–thus the shift toward multi- polarity,” the World Bank report.

The rising role of emerging markets would eventually diminish the primacy of the US dollar in international trade and finance. Eventually, countries would keep almost equal shares of the US dollar, the euro and the renminbi in their foreign exchange reserves, the bank added.

“Over the next decade or so, China’s size and the rapid globalization of its corporations and banks will likely mean a more important role for the renminbi. The most likely global currency scenario in 2025 will be a multi-currency systm centered around the dollar, the euro, and the renminbi,” the report said.

After the worst global financial crisis, which peaked in 2009, industrialised nations like the United States and those in Europe have posted only moderate growths, some of them cannot even be sustained, according to some economic analysts.

The United States is battling with its growing debt. Some members of the European Union are also trying to cope with their debt woes.

On the other hand, emerging economies grew significantly last year and are expected this year to again outperform rich countries in terms of growth rates.

The report highlights the diversity of potential emerging economy growth poles, some of which have relied heavily on exports, such as China and South Korea, and others that put more weight on domestic consumption, such as Brazil and Mexico.

With the emergence of a substantial middle class in developing countries and demographic transitions underway in several major East Asian economies, stronger consumption trends are likely to prevail, which in turn can serve as a source of sustained global growth.

“In many big emerging economies, the growing role of domestic demand is already apparent and outsourcing is already under way.

This is important for the least developed countries, which are often reliant on foreign investors and external demand for their growth,” the bank said.

The Philippine government earlier said that the economy grew by 7.3 percent last year. But President Benigno Aquino III said last Wednesday that after all the data have been gathered by the Department of Finance, the country’s economy actually grew by 7.6 percent in 2010.

Source-http://www.freemalaysiatoday.com/2011/05/19/world-bank-a-new-world-order-emerging/

Yellowstone National Park Is Moving

(ABC 4 News) – The nation’s oldest park is also one of the most studied. The interest is not just in it’s amazing vistas and wildlife, but in the volcanic beast below the park.

Yellowstone sits atop one of the world’s biggest, active volcanoes, one capable of laying waste to much of north America.

Scientists keep an eye on it using a network of seismic and GPS sensors.

Professor Emeritus Robert Smith of the University of Utah is one of those scientists. A geophysicist, Smith a leading expert on the Yellowstone super volcano. “We monitor it in real time for earthquake swarms and ground deformation.”

He says the park is in constant motion. Visitors can’t see it, but the ground at their feet is moving up and down as magma pushes against the thin crust and powers the park’s many geysers.

The changes are most evident at the Norris Geyser Basin. Henry Heasler, the Yellowstone Park geologist said, “It changes daily. Sometimes it’s hard to keep up with the change near boardwalks because that impacts visitor and employee safety.”

“Why are all the hydrothermal features here?” Heasler continued, “The geysers? The mud pots? The steam vents? The hot springs? It’s because of the heat beneath our feet.”

The heat from the volcano.

And beginning in 2004, volcanic pressure caused an amazing rise at the park: Three-inches a year for five-years.

Professor Smith said, “That’s a lot of uplift and it’s over an area that’s over the entire Yellowstone caldera — 50-miles long of uplift.”

“If you went under a rubber sheet,” Heasler said describing the uplift, “And pushed your thumb up, it’s not just sticking up where your thumb is, there’s like a slope to it.”

In fact, as the land has bulged, Yellowstone lake has tilted enough that its water has flooded out trees on the south arms.

And now, the ground is sinking.

And the drop has brought up a whole new set of questions for scientists. “Why haven’t the trees emerged again?” asked Heasler. “We don’t know.” They are watching the data as well as the geothermal features of the park for clues.

At times, those geologists see themselves are doctors monitoring a patient. In this case, the patient took a deep breath (between 2004-09) and now it is letting it out. That much is clear from the observations.

The unanswered question is, “why?”

Source-http://www.abc4.com/content/news/top_stories/story/Yellowstone-National-Park-is-moving/PMtAb0NZk0yzPRe4w1mkDA.cspx

Mahmoud Ahmadinejad Says Europe ‘Stealing Iran’s Rain’

(Barney Henderson)  Moments after the Iranian president made the startling claim at the inauguration of a dam in a central province, it started to rain.

“Western countries have designed plans to cause drought in certain areas of the world, including Iran,” Mr Ahmadinejad said in the city of Arak in Markazi province.

“According to reports on climate, whose accuracy has been verified, European countries are using special equipment to force clouds to dump” their water on their continent, he said.

By doing so, “they prevent rain clouds from reaching regional countries, including Iran,” Mr Ahmadinejad charged.

Iran has experienced several droughts in recent years

Mr Ahmadinejad also recalled an article by “a Western politician,” whom he did not identify, in which “droughts in some regions spanning from Turkey and Iran to east of Asia are predicted for the next 30 years.”

“The regions (referred to in) the article … include countries whose culture and civilisation frighten the West,” Mr Ahmadinejad said in support of his argument.

Iranian leaders claim on a daily basis that Western countries, led by arch-foe United States, devise “plots” to undermine the Islamic republic and to impede its economic and scientific development.

They also accuse world powers of colluding against Iran’s national unity, independence, political establishment, culture as well as international relations.

Mr Ahmadinejad is involved in an unprecedented power struggle with the Supreme Leader, Ayatollah Ali Khamenei. He recently refused to obey orders handed down by Ayatollah Khamenei less than two years after the pair formed a powerful political alliance to defeat anti-regime protests that swept the country.

Source-http://www.telegraph.co.uk/news/worldnews/middleeast/iran/8527455/Mahmoud-Ahmadinejad-says-Europe-stealing-Irans-rain.html

WORLD ENDS – FILM AT 11

(Reuters) – With no sign of Judgment Day arriving as he had forecast, the 89-year-old California evangelical broadcaster and former civil engineer behind the pronouncement seemed to have gone silent on Saturday.

Family Radio, the Christian stations network headed by Harold Camping which had spread his message of an approaching doomsday, was playing recorded church music, devotionals and life advice unrelated to the apocalypse.

Camping previously made a failed prediction Jesus Christ would return to Earth in 1994.

In his latest pronouncement, he had said doomsday would begin in Asia, but with midnight local time come and gone in Tokyo and Beijing and those cities already in the early hours of May 22, there was no indication of an apocalypse.

The Oakland, California, headquarters of the network of 66 U.S. stations was shuttered with a sign in the door that read “This Office is Closed. Sorry we missed you!”

Family Radio officials, with the help of supporters, had posted over 2,000 billboards around the country warning of a May 21 Judgment Day.

The headquarters, which appears to be normally closed on Saturday, was also shuttered on Friday.

Camping, whose deep sonorous voice is frequently heard on his radio network expounding the Bible, could not be reached for comment on Saturday.

The shades were drawn and no one answered the door at his house in Alameda, California.

Sheila Doan, 65, who has lived next door to Camping since 1971, said he is a good neighbor and that she is concerned about Camping and his wife, because of the attention his pronouncement has received.

“I’m concerned for them, that somebody would possibly do something stupid, you just don’t know in this world what’s going to happen,” she said.

Atheists in different parts of the country were planning celebrations and get-togethers to mark the failure of Camping’s May 21 prediction to come true.

In Oakland, the same city where Camping’s network is based, over 200 people gathered at an atheist convention at a Masonic lodge where speakers jokingly took note of the Judgment Day pronouncement.

“It’s kind of crazy, but there’s actually a dark side to it too,” said Stuart Bechman, national affiliate director of a group called American Atheists.

“There are a lot of silly and even unfounded beliefs that go on in the religious community that cause harm,” he said.

Tom Evans, a spokesman for Camping, said earlier this week that at least several tens of thousands of people listen to Family Radio’s message.

The network is heard in more than 30 languages through international affiliates, according to Family Radio.

In New York, at least one of Camping’s followers continued to hold out hope Judgment Day would come.

Retired Metropolitan Transportation Authority worker Robert Fitzpatrick, 60, said he spent more than $140,000 of his savings on subway posters and bus shelter advertisements warning of the May 21 Judgment Day.

“God’s people are commanded to sound the warning, to sound the trumpet so to speak so people know,” Fitzpatrick said of his advertising blitz.

He said Camping led him to believe Judgment Day would be May 21, but added that he disagreed with the broadcaster’s prediction it would begin in Asia.

In Fitzpatrick’s view, from his reading of the Bible, Judgment Day would begin around 6 p.m. Eastern Time. He said on Saturday he still had no doubt Judgment Day would come this day.

“I wouldn’t even entertain that question because there’s too much proof from the Bible,” he said.

Source-http://news.yahoo.com/s/nm/20110521/ts_nm/us_apocalypse_prediction

VIDEO-Students Sign Petition To End Freedom of Speech

(Dave Blount)  America is not just a matter of geographical boundaries. It is an idea, and moonbattery can snuff it out within a generation. Watch as college students sign a petition to ban conservatives from the airwaves, even while mouthing platitudes regarding their support for freedom of speech:

Not one of these blinkered totalitarians is an American in any meaningful sense.

References to the “spewing of hatred” confirm that these pod people haven’t listened to Rush or Glenn Beck. To listen to the conservative point of view or even to become aware of what it is would be an unacceptable threat to liberal orthodoxy. Liberals cannot win a rational argument with conservatives, so they argue with straw men, willfully oblivious to what conservatism even means. Anyone who might inform the ignorant must be silenced.

Source-http://www.moonbattery.com/archives/2011/05/students-sign-p.html

33 Reasons To Switch From Gold To Silver!

(Bix Weir)  1) Due to the tiny size of the Silver market and the lack of physical Silver available to the manipulators, the Silver battle is much easier to win than Gold. Ted Butler’s discovery of massive Silver market manipulation should highlight the size, scope and importance of Silver to the current financial crisis.

http://www.investmentrarities.com/ted_butler_comentary/08-22-08.html

2) Central banks have NO physical Silver to assist in the manipulation of the Silver market but they still have a lot of physical Gold (although much less than they claim).

3) The majority of Silver mined every year is consumed as an industrial metal in very small amounts and will never return to the market whereas the amount of above ground Gold grows year after year.

4) Silver has developed, due to its low price and superior physical properties, into a vital and necessary industrial commodity that makes it mandatory for modern life. If we woke up tomorrow and gold vanished from the face of the earth, life would continue pretty much as it was the day before. Without silver, modern life would change.

5) Due to the relative very low price of silver and very high price of gold, the man in the street, around the world, is in a position to buy silver in much greater quantities than gold.

6) In various forms there is an estimated 5B oz of above ground Gold and 5B oz of above ground Silver but Gold trades over $1400/oz and Silver trades for about $35/oz. Both metal prices are obviously manipulated but Silver appears to be manipulated more. As for Silver bullion that is “in play” for the manipulators, I estimate that less than 200M oz remain with a current market value less than $7B.

7) Silver has been in a supply deficit for over 50 years! Governments held approximately 10B oz of silver in 1950 and have been supplying that physical stock steadily into the market. Today there is no more of that surplus silver left to sell.

8) At current Silver consumption rates there are only 14 years of known Silver reserves remaining in the world. AFTER THAT SILVER WILL BE GONE FOREVER! Think about it.

http://minerals.usgs.gov/minerals/pubs/commodity/silver/mcs-2010-silve.pdf

9) Demand for Silver is “inelastic” in its industrial applications because it is used in such small quantities per application. An increase in price does not translate into a decrease in consumption.

10) The COMEX Silver short position is the largest concentrated short position of any commodity, on any exchange in the history of financial markets.

11) Throughout human monetary history the Silver to Gold ratio hovered in the 10-1 range until the invention of futures and options trading in metals. After the massive manipulation maneuvers by the Banking Cabal the silver-gold ratio now stands at over 40-1.

12) The US Dollar as defined in the Coinage Act of 1792 is Silver, not Gold, and contains “three hundred and seventy-one grains and four sixteenth parts of a grain of pure, or four hundred and sixteen grains of standard silver.”

http://en.wikipedia.org/wiki/United_States_dollar

13) Silver is massively under reported in the media vs. Gold. Even Jim Rogers, the commodity guru, purposefully ignores Silver entirely in his best selling book “Hot Commodities” even though Silver exceeds all other commodities using his metrics on what makes a strong commodity.

14) Very few investors have physical Silver in their possession. Reasoning: because they claim it is “too hard to store”. Does that mean when Silver trades at over $1,000 oz people will be more willing to buy and store physical Silver? It is difficult to make up a more bullish argument to take delivery and store physical Silver TODAY…when the Cabal price rigging scam finally fails you can always buy your own Fort Knox to store all that pesky Silver you bought!

15) Gold’s strong fundamentals are only exceeded by Silver’s so when the gold manipulation stops and the Gold price takes off investors will be looking for the next under-priced investment with similar characteristics.

16) 470M oz of Silver owned by the US Treasury and used in the Manhattan Project for the construction of the atom bomb have all been melted down and sold into the physical market to support the “Strong Dollar Policy”

The Great Silver Mystery…REVEALED!

http://www.roadtoroota.com/public/135.cfm

17) Silver mineral deposits, as opposed to Gold, are usually very shallow in the earth’s crust due to the nature of the geology so most of the large deposits of Silver have probably already been found and/or already mined limiting future discoveries.

18) There is a significant problem with counterfeit Gold coins and bars because of its high price. Silver coins and small bars have not, to date, had as much of a counterfeiting issue because its price did not justify the effort. (although there is a problem with counterfeit Silver jewelry which may significantly suppress Silver scrap recovery in the future…oddly bullish by-product of counterfeiting Silver!)

19) The total dollar value of the Silver market is a fraction of the total dollar value of the Gold market.

20) Most flat screen televisions use Silver in their internal electronics/screens and the US transfer from analog to digital signals has increased the demand for flat screen TV’s.

21) Retail physical shortages of Silver are already beginning to appear around the world. The list of announced delays/curtailment by Government owned Mints now includes EVERY MAJOR SILVER COIN PRODUCING COUNTRY IN THE WORLD!

22) Hedge funds are bleeding from the credit crunch and they are looking for ways to save themselves. A single hedge fund can scoop up the remaining physical Silver and blow the price sky high.

23) In the US, Gold confiscation laws are still on the books but there are currently no silver confiscation laws.

24) As of early 2011 the Gold price is hovering around $1,400 or 165% of its historical high. Silver, on the other hand, is hovering around $35 or 70% of it’s historical high suggesting that Silver has a long way still to go.

25) Un-backed paper Silver programs such as silver certificates and unallocated pooled accounts are the “industry standard” these days and will be scrambling for metal when redemptions are called in by the investors. The most egregious example of fractional reserve silver is the iShares Silver ETF (SLV).

26) In the past few years the massive global money creation by central banks around the world has created huge reservoirs of cash sloshing around the asset markets looking for a safe haven. Although most mainstream press have discussed Gold as being a likely bucket to fill with this monetary firehouse, SILVER has all the same monetary metal properties as Gold except the Silver market is SO small it would be like FILLING A DIXIE CUP WITH THE FIREHOUSE!

27) The CFTC still has an open investigation into the manipulation of the SILVER market that is being conducted not by their investigative division but by the CFTC “Enforcement Division”. Although the final conclusions have been purposefully delayed by the CFTC, the final outcome may finally be the END OF THE 50 YEAR MANIPULATION OF THE SILVER MARKET!

28) During the CFTC hearing on metal position limits, GATA announced that a whistle-blower has come forward with specific proof that JP Morgan was rigging the silver market. The next day he and his wife were rammed in their car in an attempted murder. The suspect was caught but the police are not giving out any information about the suspect or others that were involved.

http://www.youtube.com/watch?v=e9bU0r6JP4s

29) The growth of emerging economies in Asia will require more and more industrial silver to build out their electric infrastructure and provide a higher standard of living for their middle class. In a global market that has been in a silver supply deficit for years a silver bidding war will result in order to obtain the significant amounts of silver needed.

30) The truth about gold and silver price manipulation is spreading like wildfire throughout the world with the help of the internet such that the Banksters “shabby secret” is no longer a secret.

31) There are currently multiple class action lawsuits that have been filed against JP Morgan for blatantly rigging the silver market. Given that JP Morgan has previously claimed immunity from legal prosecution because they are an agent of the US Government I doubt the suits will ever be brought to trial…BUT the publicity of them “claiming immunity” AGAIN will be the “silver shot heard around the world”.

32) The US Dollar has run its course as the world’s reserve currency. The entire global financial markets know this and are positioning themselves accordingly. The “Dollar End Game” for the United States has never been to transfer economic power to Eastern countries as the dollar dies but rather crash the global markets and start fresh with a new domestically centered economic model. That transition is upon us:

http://www.roadtoroota.com/public/261.cfm

33) Inventors around the world are making significant breakthroughs in the attempt to solve our energy crisis. From fuel cells to solar power to zero point energies that existed only in our imaginations breakthroughs are quickly coming down the pike. Since silver is the BEST CONDUCTOR OF ELECTRICITY in the world it is likely that the most powerful breakthroughs will involve the special properties of silver.


If all these reasons are not enough for you to run out and buy all the physical silver you can get your hands on then I’m sure there will be new reasons not far off on the horizon. Because for the last 10 years this list has continued to GROW…RELENTLESSLY!

It’s true that there are “NO SURE THINGS” in life…but an investment in SILVER comes DARN CLOSE! Yes, you’ll have to ride the tidal wave of price manipulation but when the waves die down you will fully appreciate the power and value of SILVER.

Don’t believe the silver haters…load up on physical silver and keep it out of the hands of those who want to control it. Take it home and stick it in your safe. It may be your last chance!

Source-http://www.roadtoroota.com/public/597.cfm

Facebook Introduces PhotoDNA, Similar Photo Recognition

(geekwithalaptop)  The PhotoDNA technology was first designed by Microsoft to detect similar photos on the internet and nowFacebook uses it to fight against photos promoting child pornography, informed Bill Harmon from Microsoft’s Digital Crimes Unit on Microsoft’s blog.

PhotoDNA is a technology designed by Microsoft together with Darthmouth College and is based on digital photography fingerprint extraction which can be used to create associations to identify similarities between a certain photo and other images posted on the internet.

This is the first time when the PhotoDNA technology has been used by another party but Microsoft. PhotoDNA is currently used to check the information stored on the SkyDrive and Bing services.

Harmon stated that up this point more than two billion images have been classified via PhotoDNA which has led to the identification of over 1000 similarities on SkyDrive and more than 1500 on Bing.

This technology has certain advantages but could also bring some disadvantages for users, especially if PhotoDNA is used by Facebook.

The technology has been designed to search and detect pornographic images. But if somebody sets it to search a certain person? PhotoDNA could provide information about the places the person has visited, the associations they have (family, friends), the discussions they have taken part in on Facebook or the events they are interested in.

What is certain is that PhotoDNA is going to make the work of intelligence services a lot easier, especially that of CIA.

Source-http://www.geekwithlaptop.com/facebook-introduces-photodna-similar-photo-recognition

Why Silver Prices Are At A Fork In The Road

(Live Silver Prices)  Silver is at a critical fork in the road from a short-term perspective. Earlier in the week, silver fell into the $33 and $34 and the dollar continued to rise. However,since that time, silver has turned upward and moved back into the $35-$40 trading channel it established after its 30% drop.

From a technical standpoint, we are once again at two critical points. After The dollar had a 3% run, it hit a resistance point and fell through a short-term support. Examine the chart here.

Notice after the dollar hit the 76 mark, it began to fall again. This is called the 38% Fibonacci Retracement level. Essentially, after an asset has dropped significantly in value over a sustained period of time there are several resistance points that it must break through in the short-term.

The resistance levels that assets must break through when they are recovering are different than those an asset must face when they are in a bull market and moving consistently upward. It will be important for silver investors to realize that there will be additional resistance points this time as silver climbs on top of the normal Fibonacci resistance levels.

On the flip side, silver has developed several wicks on the charts,which appear to be bullish. Examine the chart on the left here.

Also examine the chart on the bottom row in the middle. Notice how silver has never stayed below this support line for more than a day or so before moving back up into its trading channel. This tends to be associated with a short-term bullish trend.

At the end of the day, we need to be watching the short-term movements of the dollar. If we see the dollar being to fall over the course of the next week, there is a good chance we could see silver start to move up in the short-term. However, I must caution everyone to remember that QE2 is coming to an end on June 30th. This is a critical time, which could influence both silver and the dollar’s short-term value.

Don’t forget to check out our new live gold prices blog, as well as click “like” below so we can keep our content completely free.

Read more at Live Silver Prices

Governments Order YouTube To Censor Protest Videos

(Paul Joseph Watson)  In a frightening example of how the state is tightening its grip around the free Internet, it has emerged that You Tube is complying with thousands of requests from governments to censor and remove videos that show protests and other examples of citizens simply asserting their rights, while also deleting search terms by government mandate.

The latest example is You Tube’s compliance with a request from the British government to censor footage of the British Constitution Group’s Lawful Rebellion protest, during which they attempted to civilly arrest Judge Michael Peake at Birkenhead county court.

Peake was ruling on a case involving Roger Hayes, former member of UKIP, who has refused to pay council tax, both as a protest against the government’s treasonous activities in sacrificing Britain to globalist interests and as a result of Hayes clearly proving that council tax is illegal.

Hayes has embarked on an effort to legally prove that the enforced collection of council tax by government is unlawful because no contract has been agreed between the individual and the state. His argument is based on the sound legal principle that just like the council, Hayes can represent himself as a third party in court and that “Roger Hayes” is a corporation and must be treated as one in the eyes of the law.

The British government doesn’t want this kind of information going viral in the public domain because it is scared stiff of a repeat of the infamous poll tax riots of 1990, a massive tax revolt in the UK that forced the Thatcher government to scrap the poll tax altogether because of mass civil disobedience and refusal to pay.

When viewers in the UK attempt to watch videos of the protest, they are met with the message, “This content is not available in your country due to a government removal request.”

We then click through to learn that, “YouTube occasionally receives requests from governments around the world to remove content from our site, and as a result, YouTube may block specific content in order to comply with local laws in certain countries.”

Read Full Article

You Need To Be Watching What’s Developing In Spain Right Now

(Business Insider)  Protests have been raging in Spain since Sunday, May 15. The one we’ve been seeing pictures of is in Madrid, in the famous Puerta del Sol. But there were protests in 60 different locations on Sunday, and they’re still raging in different parts of the country.

The center of the movement is very much Puerta del Sol, where protesters are now camping out overnight just like they did in Tahrir Square in Egypt. The protesters claim they will stay in the square until after regional elections this Sunday, according to Der Spiegel. The protest movement has been declared illegal by the government, over fears it may influence the result of the elections. The traditional media is allegedly under-covering the story.

Protesters aren’t associated with any political party in particular and, instead, the movement is serving as a catch all for those upset over the current economic situation in Spain. The country has a 21% unemployment rate and a 43% youth unemployment rate. Its inflation rate is above the eurozone average and its growth remains low.

From the outside looking in, it resembles the situation in Egypt in many ways. Disaffected youth, enraged by a high unemployment rate, communicating over new forms of social media, subverting the traditional power structure in the country.

But Spain is a completely different country than Egypt, and others experiencing protest movements in the Middle East. It’s democratic, and protesters are requesting reforms, not regicide. And things are getting better in Spain, although perhaps not fast enough.

In many ways, it comes down to what happens at this weekend’s elections, according to Pau Garcia:

If the upcoming elections see a raise in the number of voters, but a decline in the two biggest political parties (Out own republican and democrat parties) , the social movement will go further, and probably some key changes will start to evolve.  But if less people vote, or in uncertainty the fear moves people to the biggest parties, as strong as the tide arrived, it will go back to the traditional and sadly famous Spanish lack of interest on anything beyond food, R&R and soccer.

So you need to watch the protests closely, especially in the wake of Sunday’s elections.

Here are some more photos and videos from the protests thus far >

Read more: http://www.businessinsider.com/spain-protest-spainrevolution-2011-5#ixzz1MujgJj9B

Obama Calls For Israel To Return To 1967 Borders

(Gil Ronen)  Prime Minister Binyamin Netanyahu was quick on the draw Thursday in voicing clear displeasure with President Barack Obama’s mideast policy speech.

“Israel appreciates President Obama’s commitment to peace,” the response began, curtly. “Israel believes that for peace to endure between Israelis and Palestinians, the viability of a Palestinian state cannot come at the expense of the viability of the one and only Jewish state.”
“That is why Prime Minister Netanyahu expects to hear a reaffirmation from President Obama of U.S. commitments made to Israel in 2004, which were overwhelmingly supported by both Houses of Congress.”
“Among other things,” Netanyahu reminded Obama, “those commitments relate to Israel not having to withdraw to the 1967 lines which are both indefensible and which would leave major Israeli population centers in Judea and Samaria beyond those lines.”
“Those commitments also ensure Israel’s well-being as a Jewish state by making clear that Palestinian refugees will settle in a future Palestinian state rather than in Israel.”
“Without a solution to the Palestinian refugee problem outside the borders of Israel, no territorial concession will bring peace.”
“Equally, the Palestinians, and not just the United States, must recognize Israel as the nation state of the Jewish people, and any peace agreement with them must end all claims against Israel.”
“Prime Minister Netanyahu will make clear that the defense of Israel requires an Israeli military presence along the Jordan River.”
“Prime Minister Netanyahu will also express his disappointment over the Palestinian Authority’s decision to embrace Hamas, a terror organization committed to Israel’s destruction, as well as over Mahmoud Abbas’s recently expressed views which grossly distort history and make clear that Abbas seeks a Palestinian state in order to continue the conflict with Israel rather than end it.”

Hedge Farm! The Doomsday Food Price Scenario Turning Hedgies Into Survivalists

(Foster Kamer)  On the rare occasion that New Yorkers talk about farming, it’s usually something along the lines of what sort of organic kale to plant in the vanity garden at the second house in the Adirondacks. But on a recent afternoon, The Observer had a conversation of a different sort about agricultural pursuits with a hedge fund manager he’d met at one of the many dark-paneled private clubs in midtown a few weeks prior. “A friend of mine is actually the largest owner of agricultural land in Uruguay,” said the hedge fund manager. “He’s a year older than I am. We’re somewhere [around] the 15th-largest farmers in America right now.”

“We,” as in, his hedge fund.

It may seem a little odd that in 2011 anyone’s thinking of putting money into assets that would have seemed attractive in 1911, but there’s something in the air-namely, fear. The hedge fund manager and others like him envision a doomsday scenario catalyzed by a weak dollar, higher-than-you-think inflation and an uncertain political climate here and abroad.

The pattern began to emerge sometime in 2008. “The Hedge Fund Manager Who Bought a Farm,” read the headline on one February 2008 Times of London piece detailing a British hedge fund manager’s attempt to play off the rising prices of grains in order to usurp local farmland. A FinancialTimes piece two months later began: “Hedge funds and investment banks are swapping their Gucci for gumboots.” It detailed BlackRock’s then-relatively new $420 million Agriculture Fund, which had already swept up 2,800 acres of land.

[More from The Apocolype Issue: Hipster Prophet Preaches Rapture and The Great Adderall Shortage of 2011!]

Even Michael Burry, the now-defunct Scion Capital founder and star protagonist of Michael Lewis’ The Big Short-who bet against the housing bubble in 2008 with credit default swaps to enormous profit-gave a rare interview on Bloomberg TV last year, explaining that he’s thrown his hat into “productive agriculture land with water on site” as it’s going to be “very valuable in the future.” (Like most of those asked to comment for this story to The Observer, Burry declined to discuss his investments in farmland.)

Three years later, the purchase of farmland both in America and abroad by outside investors has increased-so much so that in February, Thomas Hoenig, the president of the Federal Reserve Bank of Kansas City, warned against the violent possibilities of a farmland bubble, telling the Senate Agriculture Committee that “distortions in financial markets” will catch the U.S. by surprise again. He would know, because he’s seeing it in his backyard: Kansas and Nebraska reported farmland prices 20 percent above the previous year’s levels and are on pace to double values in four years. A study commissioned by the Organization for Economic Cooperation and Development and released in January estimated the amount of private capital currently committed to farmland and agricultural infrastructure at $14 billion. It also estimated that future investments will “dwarf” what’s currently being thrown into land, by two to three times. Further down, the study makes a conservative projection that the amount of capital potentially entering the sector over the next decade will fly past $150 billion.

When asked if this is an end of the world scenario, the hedge-fund manager replied, “It really is. I tell my fiancée this from time to time, and I’ve stopped telling her this, because it’s not the most pleasant thought.’

This is happening in part because investors see their play as a hedge against hyperinflation. While the rest of the world uses the current calculation of the Consumer Price Index as a proxy for the cost of goods, some farmland investors are using a different equation, one from 1980. These investors assert inflation should be calculated the way it was before the Boskin Commission’s 1996 reworking of the CPI formula-in which case, it would be much, much higher.

“The CPI supposedly today is something like 1.5 percent,” says the hedge fund manager. “We think the actual rate of inflation is something closer to 6 or 7 percent on an annual basis. It’s also not about what it’s been over the last 10 years; it’s about what it’s going to be over the next 10 years.”

So the logic is that not only is the dollar worth far less than we think it is, but everything is more expensive and will only move further in that direction. Especially food, the value of which may have risen due to population increases, especially in places like China, where a consumer-happy middle class has finally started to emerge.

The rising cost of food can be seen even in New York’s yuppiest enclaves, where prices are high to begin with. Bloomberg food critic Ryan Sutton has been running a blog called The Price Hike wherein he measures the shifting costs of food at the plate in Manhattan restaurants. Mario Batali’s Del Posto is charging 21 percent more per meal since October. Gordon Ramsay at The London? Sixty-nine percent more since last month. Michelin favorite Bouley? Forty percent. The Breslin, at the Ace Hotel? Thirty-three percent. And so on.

But farmland isn’t an option for most investors. Farming is still mostly made up of family-run businesses, in the U.S., at least. Much of the farmland being purchased in America is purchased at estate sales. Pure-play farming isn’t a readily available product.

You can invest in John Deere for equipment; you can invest in Monsanto for seeds and agricultural tech. You can even invest in Kraft, which puts the plants on the supermarket shelf. But for now, it’s difficult to invest in a one-stop-shop farm. Additionally, there isn’t much arable land out there, it’s not increasing, and the quality of the land varies from parcel to parcel. And to make money off a farmland investment, you can’t just sit on it. You have to know what to do with it. “If you farm it like we do, you can generate a yield,” says the hedge fund manager. “We think the farmland will be worth 5 to 10 percent more every year, and on top of that, you get the commodities yield.” In other words, hedge funds are growing, picking and selling corn.

Asked if the American public would eventually see a chance to invest in Old McHedgeFund’s farm one day, the manager replied in the affirmative:  “Yes. Without a doubt.” He estimated it would be only a few years before this happened. Just two weeks ago, Bloomberg Businessweek reported that El Tejar SA, the world’s largest grain producer, is planning on selling $300 million of bonds this year before a planned IPO. The plans for the IPO will be fast-tracked pending the sale of the bonds. If farming IPOs begin to emerge en masse, then farming-already often a dicey proposition simply on the basis of its being difficult to do correctly, the volatility of the weather and the possibility of entire crops going bad-may be vulnerable to a bubble.

There is, of course, a slightly more sinister reason to develop a sudden interest in agriculture. Last year, Marc Faber recommended to anyone: “Stock up on a farm in northern Norway and learn to drive a tractor.” He sees a “dirty war” on the horizon, playing on fears of a biological attack poisoning food supplies. Those sort of fears drive capital into everything from gold (recently at an all-time high and a long-time safe haven for investors with currency concerns) to survivalist accoutrements. In this particular case, one might buy the farm in order to avoid buying the farm.

That may seem extreme, but even the lesser scenarios are frightening to some. When asked if this is an end-of-the-world situation, the hedge fund manager replied: “It really is. I tell my fiancée this from time to time, and I’ve stopped telling her this, because it’s not the most pleasant thought.” He pauses for a moment. “We just can’t keep living the way we’re living. It’ll end within our lifetime. We’re just going to run out of certain things. We’ll just have to learn how to adjust.”

Source-http://www.observer.com/hedge-funds-running-farms-05172011?page=1

Lindsay Lohan Claims Freemason Is Stalking Her,Threating To Kill Her

(Daily Mail)  Lindsay Lohan is claiming she has footage of a stalker who has threatened to kill her.

The 24-year-old actress is now said to be calling in the police over the matter.

Celebrity website TMZ.com claims the Mean Girls star posted a picture of the alleged stalker on Twitter today.

However it appears the image has since been removed.

According to the report, the man has been obsessed with LiLo for around four years and frequently sends her ‘insane’ texts and drops by her Los Angeles home, leaving  ‘weird gifts’.

TMZ says Lohan wrote the following message on Twitter with an accompanying photo of the man she claims is stalking her: ‘This is the freemason stalker that has been threatening to kill me – while he is TRESPASSING! I’m actually scared now.

She continued: ‘All my fans, my supporters, please stand by me. g-d bless xxL.’

Sources have told the website that Lohan does not know the identity of the man – but she is desperate for police to intervene and keep him at bay.

Meanwhile, it is claimed, Lindsay was partying at new Hollywood club Paul and Andre this weekend and apparently appeared to be ‘belligerently drunk’, according to onlookers.

Lohan is said to have grabbed the wrist of a female fan who was attempting to take a picture of her at around 2am on Sunday morning.

Things escalated further when a female individual from Lohan’s camp grabbed the camera away from the woman and reportedly placed it in a bucket full of ice, damaging the device, according to RadarOnline.

Read more: http://www.dailymail.co.uk/tvshowbiz/article-1387850/Lindsay-Lohan-living-fear-claims-freemason-stalker-threatening-kill-her.html#ixzz1Mk4gMz3N

Building Your Financial Storm Shelter

(Gary North)  Sometimes we need a hole to crawl into. I recently spoke at a conference sponsored by a small rural church in Alabama. Several of the families had been in the path of one of the tornadoes that swept through the state. One of the families had a storm shelter/basement. Several nearby families did not. So, they ran for the house of the family that did.

When they all emerged, the house above them was gone. Yet the houses of the other families were still standing.

The family with the shelter has nine children. Their shelter had provided a safety zone for other families. Yet, after the tornado had moved on, the family with the shelter turned out to be the primary victim.

Another family in a different part of the county was also hit by a tornado. The family had 13 children. They had no storm shelter. The walls of the house collapsed. The father was lying on top of a child. Some of the falling debris killed him. No one else died.

The church immediately set up a fund for the victims. The members pulled together. They did not seek FEMA aid.

One of the members wants to build a new home across the street from the church. The property has a high water table. It is not feasible to construct a basement shelter. So, he will have a safety room constructed, one reinforced with re-bar.

We take precautions, but we cannot know how events will sort out winners from losers, survivors from the dead. The best we can do is to recognize that disasters can hit, and that precautions taken in advance are wise. Precautions can reduce the impact of disasters, but they cannot prevent them.


This strategy is not what the U.S. government adopts. It spends enormous sums on preparing for crises that are unlikely to occur. Think of our fleet of aircraft carriers. What nation is likely to go to war with us by means of aircraft carriers?When we see a crisis coming, we spend extra money to make preparations. We reallocate our budgets. The more likely the crisis and the more devastating its results, the more we should allocate.

Our problem today is that the most obvious source of a major crisis today is the debt structure of Western governments, central banks, and commercial banks. Because governments are the problem, there will not be a solution provided by politicians. The same is true of central banks.

There comes a time to start looking for a storm shelter.

DUCK AND COVER

When I grew up in Southern California in the 1950s, public elementary schools had an occasional drill for an atomic attack. It was called duck and cover. The drills would have been useless in an atomic attack. First, the infrastructure of society would have been blown away: power lines, highways, food-delivery systems, water lines. Second, the vertical protection of a school desk would have done little to protect us against the horizontal destruction of imploding windows. Glass shards would have sliced through us like knives.

Rather than construct a blast shelter system, the government spent $13,000 on a civil defense film, “Duck and Cover,” starring Bert the Turtle. I have posted it here.

This film is a symbol of crisis and response management at the Federal level. The government sees a crisis coming and, rather than dealing with it in the early stages, when something might actually forestall it, resorts to public relations. It talks about the crisis. It appoints committees to write reports on it. There may even be a task force created to solve it. A task force is a committee filled with nationally respected figures, who hire a staff, meet a few times, and issues a report. No one pays any attention. No one is expected to pay any attention. All of this is a kind of kabuki dance.


A disaster drill is a substitute for solving the problem. As long as the voters will accept the drill as a legitimate substitute for a solution, the drills will continue.Only when a threat is manufactured by the government as a way to create a massive new bureaucratic structure does Congress implement expensive solutions. If the public does not respond to the announced crisis by way of support for major expenditures, the crisis gets shelved.

AN ANNUAL DISASTER DRILL

The worst crisis from the government’s point of view is the national debt crisis. It leads to calls for reduced government spending. For this crisis, the government has this well-orchestrated response:

1. An admission that it is real, but not imminent
2. A promise to deal with it later
3. A call to spend more now to spend less later
4. Kabuki theater

This week, the issue of the U.S. government’s debt ceiling comes up for discussion in Congress. The Secretary of the Treasury has offered a dire forecast. There will be a double-dip recession unless Congress votes to raise the debt ceiling once again. Congress does this every year, but this year there is pressure from new House members not to raise the ceiling. Meanwhile, the government is in the middle of a $1.65 trillion on-budget deficit. Like a tornado, the deficit will hit the political will of Congress. There is no basement storm shelter. There is no safe room.

Congress’s will to resist will be flattened, as it is every year. Usually, this vote has been pro forma. The media may mention it, but not as a prime-time story. It is always assumed that Congress will rubber stamp the proposed increase, in order to avoid a partial shutdown of the government – maybe 10% of operations. For Congress, this is regarded as a level-5 tornado, not a squall.

The debt limit will be reached this week. Geithner says that he can juggle accounts until August, but at that point, the government will have to default – the big D.


In a previously recorded segment of the show, President Obama invoked what has become a familiar refrain: the recurrence of the 2008 crisis. If investors ever “thought the full faith and credit of the U.S. was not being backed up, if they thought we might renege on our IOUs, it could unravel the entire financial system. We could have a worse recession than we’ve already had.”
Speaker of the House Boehner has said
 that there will be a hike in the debt ceiling, but it will be a very special kind of increase. He said on the CBS Sunday morning news show, “Face the Nation,” that “we’re going to do it in a way that addresses America’s long-term fiscal challenges.” (Whenever I see a reference to “Face the Nation,” I think of the “Grin and Bear It” cartoon strip, which frequently has Senator Snort appearing on “Faze the Nation.”)

Of course, neither Boehner nor Obama mentioned the possibility of cutting Federal spending in order to balance the budget this year and thereby avoid having to raise the debt ceiling ever again. Such a strategy is too radical. The proposed official solution is to raise the ceiling again, and to promise that this will not always be necessary, because economic growth will raise tax revenues One of These Days, Real Soon Now. The budget will be balanced. The recession will not arrive. They promise.

This year is different. The discussion is front-page, prime-time news. This is because a handful of first-term Congressional Republicans in the House are making noises about cutting spending in order to reduce the size of the increase. They don’t have the votes, as we will see. These Congressmen say publicly that they see what is economically necessary, but economics has little influence in Congress. The majority of the members think they can kick the can down the road for another year. In 2012, they will all campaign on responsible spending. The operational definition of “responsible spending” never changes: “kick the can again.”

DEFAULT IS COMING


He is correct. If the Federal government ever stops paying interest on its debt, the repercussions in the financial markets would be severe. It would be worse than the crisis in the fall of 2008.In his interview in front of an audience, President Obama warned about the consequences of a default by the U.S. government. It could unravel the worldwide economic recovery. You can see the video here.

The problem we face is this: with every increase in the Federal debt ceiling, the likelihood of default increases. The politicians’ solution to the threat of default is to delay the default.

The government is trapped. It really does face the prospects of default if the debt ceiling is not raised. The alternative is to cut spending drastically before August. But that would be a form of default. Certain groups that have been promised largesse from the Federal government would find that the promises were not binding.

The problem is now selective default. The Congress and the White House always agree to defer any form of default. This is why we can be sure that selective default is inevitable. The deficit numbers do not allow the government to escape the increase in the debt ceiling.

We know from decades of experience that selective defaults are not politically acceptable. So, the deficit keeps growing. The debt ceiling keeps getting raised. This is done in the name of default-avoidance.

The battle over the debt ceiling is a sham. If Congress cannot legislate spending cuts that will balance the budget, then there is no possibility that it will put a cap on total expenditures by means of a debt ceiling. There was no significant reduction in the deficit earlier this year. The deficit in fact rose compared to last year’s forecast.

This is why the debate over the deficit is American kabuki theater. It is a way to score debate points for next year’s elections. Candidates will be looking for published statements of incumbents’ opinion on the debt ceiling. Everyone in Congress wants to position himself or herself as taking the responsible path to national prosperity.


Each political party is more afraid of the alienation of specific voting blocs than it is with the general threat of the debt ceiling as a political issue. So, they do not specify what must be cut. Therefore, nothing will be cut.The problem they face is this: to cut the deficit specifically is to alienate voting blocs that are dependent on transfer payments from the Federal government. They refuse to make specific cuts for this reason.

An interviewer who wants to sink a candidate asks him to identify what programs he recommends cutting. The candidate mumbles.

Boehner said that everything should be on the table except raising taxes. This plays well to conservative voters. But where is this table? Whenever the debate over the annual budget gets laid on the table, the specific cuts are not made.

Boehner said we must now look at “the big picture.” Indeed, we should. But Congress never does. Congressmen look at the small picture: the swing voters in their districts. These voters can usually make or break a re-election campaign. So, the Congressman seeks to retain the swing voters who elected him two years earlier while not losing his core constituency. He does not want voters to defect to his rival. So, he dares not propose specific cuts. Specific cuts alienate specific swing voters.

He said that Congress must not kick the can. But he announced that it must kick the can on the debt ceiling this time. When a politician says that Congress must not kick the can, but then says it must kick the can this time, so that it won’t have to kick it next time, he is saying that Congress will kick the can.

This never changes. Politicians can call for deficit cuts in general. But there are never cuts in general. There are only cuts in particular. These do not get made.

YOUR FAMILY’S STORM SHELTER

A tornado is like specific budget cuts. No one knows in advance whose house will be blown away.

Some families buy houses with storm shelters. But hardly anyone ever builds a home.

Most families are barely getting buy. They spend as much as they bring in after taxes and mortgage. They do not make specific cuts in spending deep enough to build up a reserve.

So, they do not prepare storm shelters. They kick the can. They imitate Congress.

Do you need gold coins? Yes. Do you need a back-up plan if you lose your job? Yes. Do you need a network of people who might be able to find you a job? Yes. Do you need a side business? Probably. Do you need skills that can be transferred to a new line of work? Yes. Do you need a plan to make sure you stay on the short list of “must not fire”? Yes.

Are you actively building your financial storm shelter?


CONCLUSION

Congressmen talk about the need to reduce the deficit. Talk is cheap.

Voters talk about the need to clean house in Congress. But it never happens. Remember Arnold Schwarzenegger and his broom? He has departed. I don’t know where the broom is. The fiscal Augean stables remain.

When the tornado of selective default comes, you need to be in your storm shelter. Maybe your house will be blown away. Maybe not. But don’t be inside it when you find out.                                                                                          Source-http://lewrockwell.com/north/north982.html

The Push For A Single Unified North American Regulatory Regime

(Dana Gabriel)  It was surprising that bilateral relations with the U.S. did not play a more prominent role during the recent Canadian election considering that both countries are pursuing a trade and security agreement.

In fact, the issue did not really surface until the dying days of the campaign. After winning a much coveted majority government, Stephen Harper’s Conservatives are moving ahead quickly with perimeter security and regulatory harmonization negotiations.

NAFTA and the defunct Security and Prosperity Partnership (SPP) both addressed issues such as regulatory cooperation. The push for a single unified North American business-friendly regulatory regime continues on different fronts.

In the final week of the Canadian election campaign, consumer advocate and four-time candidate for President of the United States, Ralph Nader warned about Canada-U.S. deep integration.

In an open letter to Prime Minister Stephen Harper, he raised concerns over the lack of transparency regarding talks between the two countries on a trade and border security deal. Nader cautioned that a, “North American Security Perimeter Agreement will wrap many Canadian concerns — your Arctic, water, energy, anti-monopoly and foreign investment reviews — in a bi-national security blanket.”

He added, “The corporatist lobbies and what President Eisenhower warned Americans about in his farewell address 50 years ago — ‘the military-industrial complex’ — will favor this lucrative and anti-democratic initiative.” Nader also explained in his letter to Harper, that, “Canada’s prudent bank regulation prevented a Wall Street style collapse of your economy.” North American deep integration is a corporate led agenda designed to foster privatization and deregulation.

With just days left before the election on May 2, Prime Minister Stephen Harper announced that a re-elected Conservative government would move forward on the Shared Vision for Perimeter Security and Economic Competitiveness signed with U.S. President Barack Obama back in February of this year.

The deal would help promote trade while strengthening security and regulatory cooperation between both countries. Harper vowed that the agreement is critical for Canadian jobs and economic growth. He reaffirmed plans to cut regulatory barriers to cross-border trade through the United States-Canada Regulatory Cooperation Council (RCC) which is a component of the Beyond the Border declaration.

Following Harper’s election victory, President Obama phoned to congratulate him and at the same timerenewed his commitment to the proposed perimeter security deal, as well as the RCC. Both leaders appear eager to complete an agreement before the 2012 U.S. election cycle gets fully underway.

On February 4, 2011, President Obama and Prime Minister Harper addressed ways to coordinate and harmonize regulations in order to ease red tape for businesses that do trade on both sides of the border. They announced the creation of the U.S.-Canada RCC which will, “promote economic growth, job creation, and benefits to our consumers and businesses through increased regulatory transparency and coordination.”

According to a joint statement, the leaders, “are committed to working through the RCC to provide early notice of regulations with potential effects across our shared border, to strengthen the analytic basis of regulations, and to help make regulations more compatible.”

Both countries will also, “work through the RCC to determine sectors on which to focus its work that are characterized by high levels of integration, significant growth potential, and rapidly evolving technologies.” There are fears that the RCC could erode any independent Canadian regulatory capacity and weaken existing regulations. This would lead to a race to the bottom with respect to regulatory standards

In May of 2010, U.S. President Barack Obama and Mexican President Felipe Calderon directed the creation of the High-Level Regulatory Cooperation Council (HLRCC). In March of this year, the leaders laid out specific goals for the HLRCC. This included linking regulatory cooperation to improve border-crossing and customs procedures, increasing regulatory transparency, as well as making regulations more compatible and simple.

The U.S. and Mexico will also focus on increasing technical cooperation and improving the analysis of regulations. The HLRCC has similar goals to the U.S.-Canada RCC. At some point, these dual-bilateral initiatives could come together to form a single continental regulatory model.

This year’s NAFTA Free Trade Commission meeting identified regulatory cooperation as a top priority. Part of the SPP prosperity agenda also called for improving regulatory cooperation. In 2007, Canada, Mexico and the U. S. announced regulatory cooperation in the area of chemicals.

This later resulted in Canada raising pesticide limits on fruits and vegetables as part of efforts to harmonize rules with those of the United States. Regulatory integration threatens Canadian sovereignty and democracy. Further harmonization with the U.S. could result in Canada losing control over its ability to regulate food safety.

With the Canadian election now over, the Conservative government has resumed public consultationon the perimeter security deal with the U.S. and has extended the comment period until June 3, 2011. While the measure is open to all Canadians, it will be input from the business community that will be given the most attention.

A report summarizing the findings will be published at a later date and will help shape an action plan that is expected to be released at some point this summer.

Last month, the U.S. Department of Commerce extended its request for public comments concerning regulatory cooperation activities. The submissions collected from business groups in the U.S. will serve as a basis for bilateral and trilateral talks with Canada and Mexico.

This includes discussions with the HLRCC and the RCC. It is not hard to imagine that the U.S. will dominate both of these regulatory councils. Under the guise of improving the flow of travel and trade across the border, big business seeks to further control the rules and regulations that govern us.

The proposed Canada-U.S. trade and security perimeter agreement supports the process of deregulation. This new bilateral undertaking is being sold as vital to the safety and prosperity of both countries. A North American security perimeter goes well beyond keeping the U.S. safe from any perceived threats.

It is a means to secure trade, resources and corporate interests. Much like the whole deep integration agenda, regulatory harmonization is taking incremental steps with the goal of achieving a single unified North American regulatory regime.

Source-http://beyourownleader.blogspot.com/

High School Bans Students From Holding Hands

(CBS4)  Walking the hallways of many high schools across South Florida and it’s common to see high school kids holding hands whether it’s girls who are friends, or a couple who’s dating.

But at Blanche Ely High School in Pompano Beach, it’s against the rules. Two girls who are dating found out when they said the principal threatened to suspend them.

“Her and her friend was holding hands and that the principal approached them from behind and removed their hands from being touched,” said the mother of one of the teens. She does not want to be identified.

Her daughter is a junior with a 3.5 grade point average…who happens to date a girl.

“I felt like she was being discriminated against because it was two girls holding hands,” she said.

Her daughter sent an e-mail, complaining to the school board. She got a response from the area superintendent in an e-mail obtained by the South Florida Times.

The superintendent said the rule is the rule – and applies to everyone. She told CBS4’s Ted Scouten it’s still under investigation.

“What they’re saying is that it’s not applied to other students at school if it’s male/female,” said Scouten.

“I really don’t have all the information with me right now,” responded Sharon Airghi , North Area Superintendent. “My area director’s out at the school. I need an update before I can speak to you any further.”

“I think that everybody should be who they are with out being discriminated against,” said one student. “It’s not fair.”

Most students say, this is a non-issue – gay or straight students should be able to hold hands. In fact, they say they see lots of hand holding at school every day.

Others say, this is high school, not a night club.

“We’re at a learning environment,” commented Student Body President Bderaiah Baker. “We’re supposed to be learning, not holding hands with our boyfriend or girlfriend or what ever the case may be.”

CBS4 tried speaking to the school principal, he did not respond to requests for comment.

Source-http://miami.cbslocal.com/2011/05/17/hand-holding-controversy-at-pompano-high-school/

Silver Price: The Least You Should Worry About

(Jeff Clark)  I heard some disturbing reports about silver supply last month that I felt every investor should know. And while precious metals are currently in correction mode, the long-term concerns with supply won’t disappear anytime soon. In attempt to get a handle on the bullion market, I spoke to Andy Schectman of Miles Franklin, who has contacts that run deep in the industry. What he sees everyday might just compel you to count how many ounces you own…

Jeff Clark: Andy, tell us about your industry contacts and how you get the information you’re privy to.

Andy Schectman: We source our product from three of the largest six primary U.S. mint distributors. Having 20 years of experience with these sources, as well as the dealers in the secondary market, we’re as tied into the industry as anyone.

Jeff: You made some interesting comments to me about supply and premiums. Tell us what you’re hearing and seeing in the bullion market right now.

Andy: I feel as though I’m the boy who cries wolf or that I’ve been beating the same drum for too long. But in reality, it has been my feeling since late 2007 that ultimately this market will be defined less by the price going parabolic – which I think ultimately will happen – and more by a lack of supply. You see occasional reports that state it’s just a lack of refined silver or lack of silver in investable form. But as far as I’m concerned, there is a major supply deficit issue, and it’s getting worse.

Take the U.S. Mint, for example. Right now, as we talk, you can barely get silver Eagles. We’re seeing delivery delays of three to four weeks, and premium hikes of a dollar or more in the last three weeks. Most of the suppliers in the country are reluctant to take large orders on silver Eagles because they don’t know (a) when they’ll get them, and (b) what the premiums will be when they arrive.

I was talking to the head of Prudential Bache and asked him about silver Eagles. He said, “You know, as soon as the allocations come in, they’re sold out. We can’t keep them in.” This is coming from one of the largest distributors of U.S. Mint products in the country.

And this is all occurring in an environment that has only minimal participation by the masses. Few people in this country have ever even held a gold or silver coin. So, if it’s this difficult to get bullion now, what’s it going to be like when it becomes evident to the masses they need to buy? This is what keeps me up at night.

Jeff: Some analysts say it’s a bottleneck issue, that the mints have enough stock but just need more time or more workers to fabricate the metal into the bars and coins customers want.

Andy: No, I don’t believe that. What business do you know that if they had that much profit potential wouldn’t increase production and hire more workers to meet demand? To me, the “inefficient model” argument is an excuse.

Look at what the U.S. Mint alone has done: they haven’t made the platinum Eagle since 2008. They make maybe one-tenth as many gold Buffalos as they do gold Eagles. They’ve made hardly any fractional-ounce gold Eagles. Heck, they can’t even keep up with the demand for the products they do offer. Does that sound like a bottleneck to you? Or is it because there is far more demand than there is available supply? It’s pretty clear to me it’s the latter.

Jeff: What are you seeing in the secondary market; are investors selling bullion?

Andy: There is no secondary market. Absolutely none. Nobody is selling back anything, at least not to us. Think about that: if this was a traditional investment and your portfolio went up 100% in the last year, like silver has, you’d think some investors would take some profits and ride the rest out – but nobody’s selling anything.

This is why I think the lack of supply is the single biggest issue in this market. And in time, I think it will become much more obvious. [Ed. Note: We’re using the term “secondary market” in this instance to mean sellers of bullion and not the scrap market.]

There are only five major mints – U.S., Canada, South Africa, Austria and Australia. Yes, there is a Chinese Mint and a couple Swiss Mints and some private refiners, but they amount to very little in the overall scheme of things. We’re in a situation where the mints are limiting the selection and raising the premiums, and this is occurring at a time when most people own no bullion. As it becomes more apparent that people want bullion instead of paper dollars, I think you’ll see premiums go parabolic and supply get even tighter.

Jeff: Are you getting a lot of new buyers to the bullion market?

Andy: More than ever. One of the interesting things we’re seeing is a lot of younger people dipping a toe in the water, buying little bits of silver here and there. We’re also seeing bigger orders, as well as more frequent phone calls from financial advisers asking us if we can help their clients. So yes, the base is broadening.

Jeff: That’s very interesting. So are you seeing more demand for gold or silver right now?

Andy: 90% of the new business is in silver. And I think that’s indicative of the state of the economy. People are trying to get into precious metals, but they think gold is too high. I think they’re buying silver because they realize the fundamentals for owning gold also apply to silver. They think the profit potential is better in silver, too. This has actually made the supply for gold better than it is for silver right now, and a lot of that has to do with price.

Jeff: Why are premiums fluctuating so frequently?

Andy: Premiums are almost impossible to gauge right now. Because the availability of product is getting smaller and smaller and the demand is getting stronger and stronger, premiums are changing literally overnight. And it doesn’t take many large investors around the country to force premiums higher.

The net of this is that it’s really hard for us to be able to say what the premium for a specific product will be two weeks out.

Jeff: You mentioned increased interest from fund managers. Tell us the kind of comments you’re hearing and why they’re buying bullion.

Andy: I think it’s coming from their clients. It’s my impression that people are taking it upon themselves to study a little bit more, to be more accountable for their assets, and I think they’re telling their financial advisors to buy gold. And in some cases it’s because they don’t want a paper derivative.

It’s no secret that financial advisors don’t like gold and silver. Once money goes to a bullion dealer, it’s not coming back to a stock portfolio anytime soon, so they discredit it. But now it’s my impression they’re being asked by their clients to buy it. So it’s not necessarily because the financial advisor wants gold as much as it is the client requesting it.

Here’s a good example. There’s a firm here in Minneapolis that represents the Pillsbury fortune, and they asked me to talk to their partners about precious metals a few months ago. At the end of the conversation they said, “Okay, we’re going to place an order for one of our clients.” Upon hearing it was for one client, I thought it would be in the range of $50,000 to $100,000. Well, the order was for $5 million.

There are two astonishing things about this. First, that’s twice as big as the largest order I’ve ever had. It was one order, for one client, who’s brand new to the market. How many more potential buyers are out there like that? Second, they made it abundantly clear to me that it was out of pressure from one of their clients that they sought me out. So clients are increasingly demanding bullion, regardless of what their financial advisers say.

Jeff: Hearing about all this new buying might make some think we’re near a top in the market. Could that be the case?

Andy: No, no [chuckles]. I think Richard Russell says it best: “Bull markets die of exhaustion and overparticipation.” Well, we’re nowhere near that point when so few people in this country own gold and silver. Heck, I’m a bullion dealer, and most of my peers don’t own any gold and silver! Yes, you’re seeing more commercials, but there are just as many commercials to buy gold as there are to sell it. I think that’s an indication this market is not exhausted.

Remember that in the year 2000 everyone and his brother had some NASDAQ shares. That’s an example of an exhausted or overparticipated market. We’re nowhere near that.

Jeff: Where are the best premiums for silver?

Andy: The very best buy in silver right now is junk silver. And by the way, I think the term “junk” is unfair. It isn’t junk anymore. It used to be junk in the ‘90s when silver was 3 or 4 bucks an ounce and it was sold basically at melt value and carried no premium. So I’d call it “90% dimes and quarters.” Anyway, junk silver has the lowest premium right now and, in my opinion, offers the best upside potential.

Next would be 10- and 100-ounce silver bars. And then one-ounce silver coins – but the Eagles are very expensive at the moment, if you can get them. The Austrian Philharmonic has the best value in a one-ounce silver coin right now, and they’re available. But again, premiums for all silver coins are escalating.

Jeff: What about gold?

Andy: Gold is not as bad. In fact, I would say that gold availability is decent right now for one-ounce coins and bars. There isn’t much available in fractionals. And Buffalos are still kind of hard to get. Other than that, the one-ounce coins with decent availability are Canadian Maple Leafs, Australian Kangaroos, and Krugerrands. And they all have decent premiums.

Jeff: So the take-away message is what?

Andy: First, I think you said it best with your recommendation to “accumulate.” Not only will it smooth out the volatility in price and premiums you pay, it will also give you a bird in the hand. If I’m right about this market, and I really believe I am, it will be defined by lack of availability of refined product. To combat that, just accumulate month in and month out, and be thankful when you’re able to get what you want.

Second, it’s about the number of ounces you own. You want to get as many ounces as you can without being penny wise and pound foolish. Stick with the most recognized products – don’t buy 1,000-ounce bars, for example, because they’re illiquid. You want to maximize your liquidity, and you do that by buying the most common forms of bullion – one-ounce coins, bars, and rounds; 10- and 100-ounce products; and junk silver.

Last, keep in mind that premium and commission are two different animals. Commission is what the dealers make on top of the premium. Premium is what the industry bears. So if the U.S. Mint is selling silver Eagles for $3 over spot to the distributors, that’s before they’re marked up to the public. So even though the “premium” is high, you’re actually going to get most of that back when you sell. [Ed Note: It’s not uncommon for the buyer to recapture most of the premium when they sell, particularly during periods of high demand.]

So, buy gold and silver while it’s available, even if you don’t buy it from me, because if I’m right, getting it at all could soon be your biggest challenge.

Jeff: Thanks for your insights, Andy.

Bank Runs Coming To America,Citizens Will Flee To Precious Metals

(Bloomberg)  Eric Sprott, the Canadian money manager who in 2008 predicted banking stocks would collapse, says U.S. savers will eventually pull their money out of banks that are carrying too much leverage on their balance sheets.

Banks are leveraged 20 to one and their portfolios are mainly composed of government bonds and mortgages, the founder of Sprott Asset Management Inc., said Friday at the SALT, or SkyBridge Alternatives, conference here.

“House prices keep going down, the number of people under water keeps getting worse,” said Sprott, 66, who is chief executive officer of the Toronto-based firm.

“That leverage is going to work massively against anybody whose lender is in that area. The dominoes are starting to fall.”

Sprott said the “ultimate event” is that savers will take their money out of banks and invest in precious metals such as gold, which he says is now the world’s reserve currency.

Sprott, who earlier this month predicted gold may climb to $2,000 US an ounce before year’s end, said he started buying the metal in 2000.

“If you’re in Ireland today, you don’t have any money in banks, particularly if you’re non-Irish,” he said.

“If you’re in Greece, you’re taking your money out. In Portugal, you probably have concerns. If you have a fear of the banking system, you go to things like gold.”

Sprott, whose hedge funds and mutual funds mostly invest in energy and metals, said silver was recently “manipulated down” after it fell $6 US in 13 minutes on a Sunday evening when trading was light.

Read more: http://www.theprovince.com/business/Savers+flee+banks/4786414/story.html#ixzz1MerAxPBf

Secret Service Interrogates Seventh Grader For Facebook Post

(Q13Fox)  A Tacoma seventh grader faced federal interrogation at school for what he posted on his Facebook page. His mom said it all happened without her knowledge or permission.

Timi Robertson said she had just finished lunch with a friend Friday when she got a phone call from her son’s school.

“I answered it, and it’s the school security guard who’s giving me a heads up that the Secret Service is here with the Tacoma Police Department and they have Vito and they’re talking to him,” Robertson said.

After Osama bin Laden was killed, 13-year-old Vito LaPinta posted an update to his Facebook status that got the Feds attention.

“I was saying how Osama was dead and for Obama to be careful because there could be suicide bombers,” says LaPinta.

A week later, while Vito was in his fourth period class, he was called in to the principal’s office.

“A man walked in with a suit and glasses and he said he was part of the Secret Service,” LaPinta said. “He told me it was because of a post I made that indicated I was a threat toward the President.”

The Tacoma school district acknowledged a Secret Service agent questioned Vito and that it was a security guard who called Vito’s mom because the principal was on another call. The school district said they didn’t wait for Vito’s mother to get there because they thought she didn’t take the phone call seriously.

“That’s a blatant lie,” Robertson said.

The teen’s mom says she rushed to Truman Middle School immediately and arrived to discover her son had already been questioned for half an hour.

“I just about lost it,” she said. “My 13 year-old son is supposed to be safe and secure in his classroom and he’s being interrogated without my knowledge or consent privately.”

The seventh grader said that once his mom showed up, the agent finished the interview and told him he was not in any trouble. Now he’s more careful about what he posts online.

His mother says she isn’t financially able to take legal action but hopes her family’s story raises awareness about the treatment she said her son endured.

The Seattle branch of the Secret Service did not respond to requests for comment.

Copyright © 2011, KCPQ-TV

http://www.q13fox.com/news/kcpq-secret-service-the-feds-question-a-tacoma-seventh-grader-for-a-facebook-comment-about-president-obama-and-suicide-bombers-20110516,0,5762882.story

50 Things Every American Should Know About The Collapse Of The Economy

(Economic Collapse)  Right now, we are witnessing a truly historic collapse of the economy, and yet most Americans do not understand what is going on.  One of the biggest reasons why the American people do not understand what is happening to the economy is because our politicians and the mainstream media are not telling the truth.  Barack Obama and Federal Reserve Chairman Ben Bernanke keep repeating the phrase “economic recovery” over and over, and this is really confusing for most Americans because things sure don’t seem to be getting much better where they live.  There are millions upon millions of Americans that are sitting at home on their couches right now wondering why they lost their jobs and why nobody will hire them.  Millions of others are wondering why the only jobs they can get are jobs that a high school student could do.  Families all across America are wondering why it seems like their wages never go up but the price of food and the price of gas continue to skyrocket.  We are facing some very serious long-term economic problems in this country, and we need to educate the American people about why the collapse of the economy is happening.  If the American people don’t understand why they are losing their jobs, why they are losing their homes and why they are drowning in debt then they are going to keep on doing all of the same things that they have been doing.  They will also keep sending the same idiot politicians back to Washington to represent us.  There are some fundamental things about the economy that every American should know.  The American people need to be shocked out of their entertainment-induced stupor long enough to understand what is really going on and what needs to be done to solve our nightmarish economic problems.  If we do not wake up enough Americans in time, the economic collapse that is coming could tear this nation to shreds.

The U.S. economy was once the greatest economic machine in modern world history.  It was truly a wonder to behold.  It worked so well that entire generations of Americans came to believe that America would enjoy boundless prosperity indefinitely.

But sadly, prosperity is not guaranteed for any nation.  Over the past several decades, some very alarming long-term economic trends have developed that are absolutely destroying the economy.  If dramatic changes are not made soon, a complete and total economic collapse will be unavoidable.

Unfortunately, the American people will never agree to fundamental changes to our economic and financial systems unless they are fully educated about what is causing our problems.  We have turned our backs on the principles of our forefathers and the principles of those that founded this nation.  We have rejected the ancient wisdom that was handed down to us.

It has been said that those that sow the wind, shall reap the whirlwind.

We are about to experience the consequences of decades of really bad decisions.

Hopefully we can get the American people to wake up.

The following are 50 things that every American should know about the collapse of the economy….

#1 Do you remember how much was made of the “Misery Index” during the presidency of Jimmy Carter?  At that time, the “Misery Index” was constantly making headlines in newspapers all across the country.  Well, according to John Williams of Shadow Government Statistics, if we calculated unemployment and inflation the same way that we did back during the Carter administration, then the Misery Index today would actually be higher than at any point during the presidency of Jimmy Carter.

#2 According to the U.S. Bureau of Labor Statistics, an average of about 5 million Americans were being hired every single month during 2006.  Today, an average of about 3.5 million Americans are being hired every single month.

#3 According to the Wall Street Journal, there are 5.5 million Americans that are currently unemployed and yet are not receiving unemployment benefits.

#4 All over America, state and local governments are selling off buildings just to pay the bills.  Investors can now buy up government-owned power plants, prisons and municipal buildings from coast to coast.  For example, the mayor of Newark, New Jersey recently sold off 16 government buildings (including the police and fire headquarters) just to pay some bills.

#5 When Americans think of “government debt”, most of them only think of the federal government, but it is not just the federal government that has a massive debt problem.  State and local government debt has reached an all-time high of 22 percent of U.S. GDP.

#6 If you can believe it, one out of every seven Americans has at least 10 credit cards.

#7 Credit card usage in the United States is on the increase once again.  During the month of March, revolving consumer credit jumped 2.9%.  Sadly, it looks like Americans have not learned their lessons about the dangers of credit card debt.

#8 Last year, Social Security ran a deficit for the first time since 1983, and the “Social Security deficits” in future years are projected to be absolutely horrific.

#9 The U.S. government now says that the Medicare trust fund will run out five years fasterthan they were projecting just last year.

#10 Right now we are watching what could potentially be the worst Mississippi River floodever recorded play out right in front of our eyes.  One agricultural economist at Mississippi State University believes that this disaster could do 2 billion dollars of damage just to farms alone.

#11 The “tornadoes of 2011” that we just saw in the southeast United States are being called the worst natural disaster that the U.S. has seen since Hurricane Katrina.  It has been estimated that up to 25 percent of all of the poultry houses in Alabama were either significantly damaged or destroyed.  It is also believed that millions of birds were killed.

#12 The economic effects of the BP oil spill just seem to go on and on and on.  The number of very sick fish in the Gulf of Mexico is really starting to alarm scientists.  The following is howone local newspaper recently described the situation….

Scientists are alarmed by the discovery of unusual numbers of fish in the Gulf of Mexico and inland waterways with skin lesions, fin rot, spots, liver blood clots and other health problems.

#13 The number of “low income jobs” in the U.S. has risen steadily over the past 30 years and they now account for 41 percent of all jobs in the United States.

#14 All over America, hospitals that care for the poor and needy are so overwhelmed and are so broke that they are being forced to shut down.  Recently, a local newspaper in Florida ran an article about two prominent charity hospitals in Illinois that have served the poor for more than 100 years but are now asking for permission to shut down….

Two charity hospitals in Illinois are facing a life-or-death decision. There’s not much left of either of them – one in Chicago’s south suburbs, the other in impoverished East St. Louis – aside from emergency rooms crowded with patients seeking free care. Now they would like the state’s permission to shut down.

#15 The U.S. dollar is in such bad shape that now even Steve Forbes is predicting that the U.S. is “likely” to go back to a gold standard within the next five years.

#16 Most Americans don’t realize how much the U.S. dollar has been devalued over the years.  An item that cost $20.00 in 1970 would cost you $115.93 today.  An item that cost $20.00 in 1913 would cost you $454.36 today.

#17 Over the past 12 months the average price of gasoline in the United States has gone up by about 30%.

#18 U.S. oil companies will bring in about $200 billion in pre-tax profits this year.  They will also receive about $4.4 billion in specialized tax breaks from the U.S. government.

#19 It is being projected that for the first time ever, the OPEC nations are going to bring inover a trillion dollars from exporting oil this year.  Their biggest customer is the United States.

#20 According to the Pentagon, there are minerals worth over a trillion dollars under the ground in Afghanistan.  Now, J.P. Morgan is starting to tap those riches with the help of the U.S. military.

#21 Speaking of J.P. Morgan, most Americans don’t realize that they are actually the largest processor of food stamp benefits in the United States.  In fact, the more Americans that go on food stamps the more money that J.P. Morgan makes.

#22 When 2007 began, there were about 26 million Americans on food stamps.  Today, there are over 44 million on food stamps, and one out of every four American children is on food stamps.

#23 Back in 1965, only one out of every 50 Americans was on Medicaid.  Today, one out of every 6 Americans is on Medicaid.

#24 Only 66.8% of American men had a job last year.  That was the lowest level that has ever been recorded in all of U.S. history.

#25 The financial system is more vulnerable today than it was back in 2008 before the financial panic. Today, the world financial system has been turned into a giant financial casino where bets are made on just about anything you can possibly imagine, and the major Wall Street banks make a ton of money from this betting system.  The system is largely unregulated (the new “Wall Street reform” law has only changed this slightly) and it is totally dominated by the big international banks. The danger from derivatives is so great that Warren Buffet once called them “financial weapons of mass destruction”. It is estimated that the “derivatives bubble” is somewhere in the neighborhood of a quadrillion dollars, and once it pops there isn’t going to be enough money in the entire world to bail everyone out.

#26 Between December 2000 and December 2010, the United States ran a total trade deficitof 6.1 trillion dollars with the rest of the world, and the U.S. has had a negative trade balanceevery single year since 1976.

#27 The United States has lost an average of 50,000 manufacturing jobs per month since China joined the World Trade Organization in 2001, and the U.S. trade deficit with China is now 27 times larger than it was back in 1990.

#28 In 2010, the number one U.S. export to China was “scrap and trash”.

#29 All over the United States, many of our once great manufacturing cities are being transformed into hellholes.  In the city of Detroit today, there are over 33,000 abandoned houses, 70 schools are being permanently closed down, the mayor wants to bulldoze one-fourth of the city and you can literally buy a house for one dollar in the worst areas.

#30 During the first three months of this year, less new homes were sold in the U.S. than in any three month period ever recorded.

#31 New home sales in the United States are now down 80% from the peak in July 2005.

#32 America’s real estate crisis just seems to get worse and worse.  U.S. home prices have now fallen a whopping 33% from where they were at during the peak of the housing bubble.

#33 According to a new report from the AFL-CIO, the average CEO made 343 times more money than the average American did last year.

#34 The European debt crisis could cause a global financial collapse like the one that we saw in 2008 at any time.  The world economy is incredibly interconnected today, and the United States would not be immune.  A recent IMF report stated the following about the growing sovereign debt crisis in Europe….

Strong policy responses have successfully contained the sovereign debt and financial-sector troubles in the euro area periphery so far. But contagion to the core euro area and then onward to emerging Europe remains a tangible risk.

#35 According to one study, the 50 U.S. state governments are collectively 3.2 trillion dollars short of what they need to meet their pension obligations.

#36 A different study has shown that individual Americans are $6.6 trillion short of what they need to retire comfortably.

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#37 The cost of college tuition in the United States has gone up by over 900 percent since 1978.

#38 According to the Bureau of Economic Analysis, health care costs accounted for just 9.5% of all personal consumption back in 1980.  Today they account for approximately 16.3%.

#39 One study found that approximately 41 percent of working age Americans either have medical bill problems or are currently paying off medical debt.

#40 The combined debt of the major GSEs (Fannie Mae, Freddie Mac and Sallie Mae) has increased from 3.2 trillion in 2008 to 6.4 trillion in 2011.  Thanks to our politicians, U.S. taxpayers are standing behind that debt.

#41 The U.S. government is over 14 trillion dollars in debt and the budget deficit for this year is projected to be about 1.5 trillion dollars.  However, if the U.S. government was forced to use GAAP accounting principles (like all publicly-traded corporations must), the U.S. government budget deficit would be somewhere in the neighborhood of $4 trillion to $5 trillion each and every year.

#42 Most Americans don’t understand that the Federal Reserve and the debt-based monetary system that it runs are at the very heart of our economic problems.  All of this debt is absolutely crushing us.  The U.S. government spent over 413 billion dollars on interest on the national debt during fiscal 2010, and it is being projected that the U.S. government will be shelling out 900 billion dollars just in interest on the national debt by the year 2019.

#43 Standard & Poor’s has altered its outlook on U.S. government debt from “stable” to “negative” and is warning that the U.S. could soon lose its AAA rating.

#44 In 1980, government transfer payments accounted for just 11.7% of all income.  Today, government transfer payments account for 18.4% of all income.

#45 U.S. households are now receiving more income from the U.S. government than they are paying to the government in taxes.

#46 59 percent of all Americans now receive money from the federal government in one form or another.

#47 According to Gallup, 41 percent of Americans believed that the economy was “getting better” at this time last year.  Today, that number is at just 27 percent.

#48 The wealthiest 1% of all Americans now own more than a third of all the wealth in the United States.

#49 The poorest 50% of all Americans collectively own just 2.5% of all the wealth in the United States.

#50 The percentage of millionaires in Congress is more than 50 times higher than the percentage of millionaires in the general population.

Source-http://www.infowars.com/50-things-every-american-should-know-about-the-collapse-of-the-economy/

VIDEO-Globalists’ Secret Weapon Exposed: Tech Kill Chips

(Alex Jones)  As the world is distracted by the royal nuptials and Obama’s ever changing soap opera surrounding CIA asset Osama bin Laden’s death, the technocrats are rolling out the next phase of their global control grid. The foundations of this plan were laid out in the Telecommunications Act of 1996 and have been updated each subsequent year.

In addition to Obama’s stranglehold on the Internet, all smart devices have federally-mandated control and kill switches added. This will give the government total control over incoming information to all smart phones regardless of manufacturer. These policies dovetail with the roll out of Smart Meters and the new Google controlled smart homes which will send messages over the power-lines to your appliances to control power consumption or simply cut the power. In addition, new “green” lighting systems are being installed in government buildings which send and receive data through controlled pulses of light. And now the Pentagon wants the authority to run it all. Wake up and start informing your fellow man.

http://www.infowars.com/google-wants-to-control-your-home/

http://www.prisonplanet.com/fema-to-confiscate-food-from-local-farms-in-emerg…

http://www.infowars.com/cyberwarfare-rules-included-in-defense-bill/

http://articles.nydailynews.com/2011-05-09/local/29544253_1_cell-phone-quantu…

http://www.infowars.com/obama-administration-fights-to-allow-warrantless-gps-…

http://www.infowars.com/in-texas-schools-a-pictures-worth-1000-calories/

http://www.infowars.com/obama-launches-total-takeover-of-media/

http://www.infowars.com/what-else-will-the-governments-special-chip-in-your-c…

http://www.prisonplanet.com/are-you-scared-yet-big-sis-to-beam-terror-warning…

http://www.infowars.com/obama-launches-total-takeover-of-media/

Source-http://www.infowars.com/globalists-secret-weapon-exposed-tech-kill-chips/

Skarica: Gold Could Soar To $10,000 As Stocks Stall

(moneynews.com)  Gold could hit $10,000 an ounce in the coming decade, as the commodities bull market is far from over while the fate of the dollar and U.S. stocks looks doubtful, says David Skarica, editor of the Gold Stock Adviser newsletter and author of “The Great Super Cycle.”

There is just too much money in circulation right now thanks to the Federal Reserve’s money-printing campaign, while stock prices have settled into a range after a long rally.

“I think the Dow is in a long-term trading range, so if you’re looking at the Dow at roughly 13,000 right now and in 1980 when the gold price topped, the ratio got down to about 1.2 to 1, so if you had the same ratio gold would actually go to $10,000 or $11,000 an ounce,” Skarica tells Newsmax.TV.

Silver and gold prices have cooled a bit recently, although investors should note that profit-taking always occurs in any bull market and doesn’t signify an end to longer-term trends.
“I think people overreact because there is nothing wrong with taking profits in a bull market,” Skarica says.

“It’s prudent to lock in on those gains, so I don’t see why people just jumped out of the window because of that.”

Investors should rather look at gold like they did with stocks in the early 1990s, as a correction one year didn’t mean the end of the world but rather, was followed by several years of gains.

“Right now, I think we’re in a correction phase for commodities. I equate the 2008 bust in commodities to the 1987 crash in stocks. After ’87 we saw a three-year rally and after 1990, the Dow Jones had a 20 percent correction before continuing its bull market in the 1990s. So I think this year we could see at 10 percent to 15 percent and maybe a 20 percent drop in the value of a lot of commodities, consolidate there and get ready for another move higher through the 2010s.”

Or, as Skarica illustrates, just compare it to American football.

Editor’s Note: Get a free copy of David Skarica’s “The Great Super Cycle” — Read More  Click Here Now.

“We are at the two-minute warning of the first half of the commodities bull market, and we probably have another five to 10 or maybe as much as 12 years to go.”

That means stocks are going to hang out in the doldrums for the next several years.

“We are in a long-term bear market, meaning that if you look at the past 10 years, the S&P 500 has been in a long-term trading range, and I expect that to continue for the next five to 10 years,” Skarica says.

Yes stocks have rallied in the past couple of years, but that rally is short-lived and doesn’t indicate a more lasting change in the market cycles.

The good news for stocks: there won’t be blood.

“I don’t think we have that much left in this rally. Now I don’t actually think that we are going to see a bust like in 2008 going forward, but I think again we are going to be in this trading range of between 1,000 and 1,500 in the S&P, so I don’t think stocks have that much upside here in the next year or so.”

One thing guiding markets this day are inflation rates, or at least expectations that inflation is on the way.

Federal Reserve officials have said spikes in oil and other prices are transitory and aren’t likely going to affect underlying inflation rates soon, although they’ll keep a close eye on inflation.

Yet quantitative easing, the Fed’s stimulus programs under which money is printed and used to buy government debt from banks in order to fuel more economic activity will send consumer prices climbing, Skarica says.

“You cannot devalue the currency and print as much money as they have and buy their own bonds without some negative effects, and the negative effects, as we have seen, have been rising commodity prices and a falling dollar,” Skarica says.

“So I think we’ll start to see inflation really escalate in the coming years, and then we’ll add fuel to the fire, as I think we’re going to see somewhat of a sovereign debt crisis like what is happening in some of the European nations happen in the U.S. at some point within the next three to five years.”

Inflation rates are climbing, hitting a two-and-a-half-year high spurred by higher gasoline and food prices.

The Consumer Price Index rose 0.4 percent in April from March, according to the Labor Department.

The increase, in line with economists’ expectations, took the year-on-year inflation reading to 3.2 percent, the highest since October 2008, Reuters reports.

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Read more: Skarica: Gold Could Soar to $10,000 as Stocks Stall

28 Statistics About The U.S. Economy That Will Blow Your Mind

(Michael Snyder)  Red alert! Over 40 billion dollars of America’s national wealth is being shipped out of the country every single month.  Our economy is being gutted and we are bleeding wealth and we are bleeding jobs.  This is a distress call.  Is anyone listening?  Thousands of our factories and millions of our jobs are being shipped overseas.  Over the past decade over 6 trillion dollars have been transferred into the hands of foreigners.  Our national government is so broke that they constantly have to go and beg those foreigners to lend us back some of that money in order to finance our exploding debt. The number of good jobs continues to decline and there are millions upon millions of my countrymen that are unemployed.  Can anybody help us? Mayday! Mayday! Mayday!

Sadly, the vast majority of Americans really are dead asleep on this issue.  They just continue to run out to the big retail stores and fill their carts with products made in China and yet they seem completely bewildered by the fact that the number of good jobs continues to decline.

Over the past decade, the number of middle class jobs has fallen by about ten percent.  There is a reason for this.  America is becoming poorer.  The economic pie is shrinking.  When we ship 40 to 50 billion dollars into the hands of foreigners every single month, that means that there is a lot less wealth for all of us to divide up.

Every single month, the U.S. ships in massive amounts of foreign oil and massive amounts of cheap plastic trinkets from places such as China which we greedily consume.  In return, we send them a giant pile of money.

This happens month after month after month.  You see, we always need more of their oil and more of their plastic trinkets.  They are more than happy to keep getting richer and richer.

Meanwhile, thousands of our factories and millions of our jobs continue to be sent overseas where labor is far cheaper.  Thanks to globalization, American workers much now directly compete for jobs with workers that are willing to work for less than a dollar an hour on the other side of the globe.

The dismantling of our economy is happening right in front of our eyes and most of our politicians are not doing a thing to stop it.

The following are 28 statistics about the gutting of the U.S. economy that will blow your mind….

#1 According to the U.S. Department of Commerce, the U.S. trade deficit for the month of March was $48.2 billion.  That was up from $45.4 billion in February.

#2 The United States has had a negative trade balance every single year since 1976.

#3 Between December 2000 and December 2010, the U.S. ran a total trade deficit of 6.1 trillion dollars.

#4 The U.S. trade deficit with China in March was $18.1 billion.  This is money that is not going to support U.S. businesses and U.S. workers.  If that money was actually going to our businesses and to our workers it would increase tax revenues.

#5 Since China entered the WTO in 2001, the U.S. trade deficit with China has grown by an average of 18% per year.

#6 During 2010, we spent $365 billion on goods and services from China while they only spent $92 billion on goods and services from us.

#7 Since 2005, Americans have gobbled up Chinese products and services totaling $1.1 trillion, but the Chinese have only spent $272 billion on American goods and services.

#8 The U.S. trade deficit with China in 2010 was 27 times larger than it was back in 1990.

#9 According to a recent report from the Economic Policy Institute, between 2001 and 2008 the United States lost 2.4 million jobs due to the growing trade deficit with China.  Every single state in America experienced a net job loss due to our trade deficit with China during that time period.

#10 The United States has lost an average of 50,000 manufacturing jobs per month since China joined the World Trade Organization in 2001.

#11 The United States has lost a staggering 32 percent of its manufacturing jobs since the year 2000.

#12 Between December 2000 and December 2010, 38 percent of the manufacturing jobs in Ohio were lost, 42 percent of the manufacturing jobs in North Carolina were lost and 48 percent of the manufacturing jobs in Michigan were lost.

#13 Back in 1970, 25 percent of all jobs in the United States were manufacturing jobs. Today, only 9 percent of the jobs in the United States are manufacturing jobs.

#14 China produced 19.8 percent of all the goods consumed in the world last year.  The United States only produced 19.4 percent.

#15 According to the IMF, China is going to have the largest economy in the world by 2016.

#16 Nobel economist Robert W. Fogel of the University of Chicago is projecting that the Chinese economy will be three times larger than the U.S. economy by the year 2040 if current trends continue.

#17 Back in 1998, the United States had 25 percent of the world’s high tech export market and China had just 10 percent. Ten years later, the United States had less than 15 percent and China’s share had soared to 20 percent.

#18 Manufacturing employment in the U.S. computer industry was actually lower in 2010 than it was in 1975.

#19 In 2002, the United States had a trade deficit in “advanced technology products” of $16 billion with the rest of the world.  In 2010, that number skyrocketed to $82 billion.

#20 Last year, China produced 11 times as much steel as the United States did.

#21 Do you remember when the United States was the dominant manufacturer of automobiles and trucks on the globe?  Well, in 2010 the U.S. ran a trade deficit in automobiles, trucks and parts of $110 billion.

#22 In 2010, South Korea exported 12 times as many automobiles, trucks and parts to us as we exported to them.

#23 According to one recent study, China could become the global leader in patent filingsby next year.

#24 China is now the number one supplier of components that are critical to the operation of U.S. defense systems.

#25 In 2010, the number one U.S. export to China was “scrap and trash”.

#26 Thanks to our exploding trade deficit with China, the Chinese have accumulated nearly 3 trillion dollars in foreign currency reserves.  That is the largest stockpile of foreign currency reserves on the entire globe.

#27 The amount of the trade deficit that can be attributed to foreign oil is at the highest level that we have seen since 2008.

#28 It is being projected that for the first time ever, the OPEC nations are going to bring inover a trillion dollars from exporting oil this year.  Their biggest customer is the United States.

Our dependence on foreign oil is literally bleeding us dry.  Once we have burned up all of that foreign oil in our cars we are left with nothing.  But the people we bought all that oil from are still sitting on all that cash.

As we ship our wealth, our factories and our jobs out of the country, America is getting poorer.

That means that individual Americans are getting poorer.

According to one estimate, between 1999 and 2009 real median household income in the United States declined by 5.0%.

Today, over 44 million Americans are on food stamps and over 47 million Americans are living in poverty.  This is not an accident and it didn’t happen overnight.  Our economic policies are absolutely killing us.

This economic downturn has hit men particularly hard.  As thousands of manufacturing facilities have shut down, millions of blue collar workers have been dumped out on the street.  Most blue collar workers are men.

Since January 2008, male employment has declined by 4,932,000 jobs.

Ouch.

During 2010, only 66.8% of American men had jobs, which was a new all-time record low.

There are a lot of blue collar workers that are sitting at home on their couches today that are still trying to figure out what in the world happened to their good jobs.

There are now more than 6 million Americans that the government says have given up looking for work completely.  Most of them are men.

Sadly, in our society today most of the people that pursue higher education are women.  Today, 61% of all college degrees are earned by women.

Not that a college education is a ticket to success in today’s world. According to the Economic Policy Institute, the unemployment rate for college graduates younger than 25 years old was 9.3 percent in 2010.

In fact, the majority of all of our college graduates end up running home to Mom and Dad after they graduate.

According to a poll conducted by Twentysomething Inc., 85 percent of U.S. college graduates will move back home with their parents (at least initially) after graduation.  That is up from 67 percent back in 2006.

The truth is that there are not nearly enough jobs for everyone and that is a huge problem.

We have become a nation that consumes far more wealth than it produces.  That is a recipe for disaster any way that you cut it.

Until we have some fundamental changes to our trade policy, these long-term trends are just going to continue.  We are going to continue to bleed wealth, bleed factories and bleed jobs.

Tax revenues go down when factories shut down and when American workers are sitting at home on their couches.  This is a huge factor in why our federal, state and local governments are drowning in debt.  We have got to have more wealth creation inside this country or else we are going to continue to see our government debt problems get even worse.

If you walk into just about any major retail store today, what do you find?

You find loads and loads of products that have been made somewhere else.

I hope that you are enjoying “the low, low prices” because they come at a very high cost.

We once had the greatest economic machine in the history of the world but now it is being gutted like a fish.

If we continue on the road that we are on, the entire country is eventually going to become just like Detroit.

Is that what you want?

Source-http://www.blacklistednews.com/America_Is_Rapidly_Bleeding_Wealth_And_Jobs%3A_28_Statistics_About_The_Gutting_Of_The_U.S._Economy_That_Will_Blow_Your_Mind/13903/0/38/38/Y/M.html

Obama Administration Lays Out Plans To Police Internet

(AP)  The Obama administration laid out plans Monday to work aggressively with other nations to make the Internet more secure, enable law enforcement to work closely on cybercrime and ensure that citizens everywhere have the freedom to express themselves online.

And in the strongest terms to date, the White House made it clear the U.S. will use its military might to strike back if it comes under a cyberattack that threatens national security.

Coming on the heels of populist rebellions in the Middle East, the broad policy stresses Internet freedom, and calls on other nations to give citizens the ability to shop, communicate and express themselves freely online.

The White House plan emerges as international leaders are struggling to improve cooperation on global cybercrime and set guidelines for Internet oversight.

Cybersecurity experts have argued that the Internet cannot become a safer place until nations implement international agreements that better define and regulate cybercrime, provide oversight of the Internet, and set out new standards and rules for industry as it increasingly moves its business into the largely ungoverned online world.

The challenges are vast. International leaders are looking for ways to better secure online financial transactions and other business and high-tech exchanges between nations and corporations that span the globe. And they are also grasping for ways to crack down on hackers and other cybercriminals and terrorists who are routinely using the Internet to steal money, ferret out classified secrets and technology, and disturb or destroy critical infrastructure, ranging from the electrical grid and telecommunications networks to nuclear power plants and transportation systems.

Acknowledging that the Internet can be a tool used by governments to crack down on dissidents or by criminals to steal data, Secretary of State Hillary Rodham Clinton said Monday that nations must agree on acceptable norms for cyberspace.

“What this document says, we want the Internet to be open and free and accessible and an economic engine to all people,” Clinton said during the White House rollout of the new policy document.

Clinton and other federal agency leaders said the U.S. will reach out to other nations to set voluntary standards for prosecuting cybercriminals, protecting intellectual property, securing networks, and pursuing terrorists who use cyberspace to plan attacks and woo followers.

For the Pentagon, it makes clear that the U.S. will respond to a major cyberattack in much the way it would respond to any other threat to the country.

“We reserve the right to use all necessary means – diplomatic, informational, military and economic – as appropriate,” the policy says. It adds, however, that the U.S. will exhaust all options before military force is used.

The policy is more a set of guiding principles than a binding text, and there are no set deadlines or goals for reaching agreements with other countries.

“This is the future we seek, and we invite all nations and peoples to join us in that effort,” White House counterterrorism chief John Brennan said.

White House cybersecurity coordinator Howard Schmidt, in an Associated Press Television News interview, said the policy will allow the U.S. to begin discussions with other countries about what is and is not appropriate activity on the Internet. Under the plan, nations must take responsibility for cybercrime within their borders.

As recent protests swept across the Middle East and North Africa – from Tunisia and Egypt to Libya and Yemen – dissidents used social media sites such as Facebook, Twitter and YouTube to organize anti-government demonstrations. And in some cases, country leaders have tried to stifle the protests by shutting down websites or disrupting Internet traffic. Clinton has been vocal in her opposition to that, and the new policy formalizes those sentiments.

“That’s one of the things we hope in the long term that will never happen again,” Schmidt said.

He agreed it will take time to forge agreements around the globe, particularly with countries that are “not likeminded” and don’t share American values of free expression.

James Lewis, a cybersecurity expert and senior fellow at the Washington-based Center for Strategic and International Studies, said the policy is a strong first step toward broader international agreements.

“For the first time we are saying what to do in cyberspace and what we think is important,” Lewis said. “And we are linking cybersecurity to Internet freedom.”

The plan also gives U.S. law enforcement agencies a boost as they work to track down cybercriminals in the borderless Internet world – a challenge that is fraught with difficulties, since countries’ laws are different and in some places almost non-existent.

Both the FBI and the U.S. Secret Service have based agents in a number of foreign countries, expanding their international cyber investigations, which often involve complex crime networks, often made up of hackers spread across several countries – people who’ve never met and may have only communicated anonymously online.

A number of recent cases have involved arrests in Eastern European countries, but the threats are also increasing in Africa and South America, where cybercriminals have found burgeoning sanctuaries because of weak law enforcement.

Source-http://apnews.myway.com/article/20110517/D9N8S2H80.html

Federally Mandated Light Bulbs Will Cost $50 Each

(AP)  Two leading makers of lighting products are showcasing LED bulbs that are bright enough to replace energy-guzzling 100-watt light bulbs set to disappear from stores in January.

Their demonstrations at the LightFair trade show in Philadelphia this week mean that brighter LED bulbs will likely go on sale next year, but after a government ban takes effect.

The new bulbs will also be expensive — about $50 each — so the development may not prevent consumers from hoarding traditional bulbs.

The technology in traditional “incandescent” bulbs is more than a century old. Such bulbs waste most of the electricity that feeds them, turning it into heat. The 100-watt bulb, in particular, produces so much heat that it’s used in Hasbro’s Easy-Bake Oven.

To encourage energy efficiency, Congress passed a law in 2007 mandating that bulbs producing 100 watts worth of light meet certain efficiency goals, starting in 2012. Conventional light bulbs don’t meet those goals, so the law will prohibit making or importing them. The same rule will start apply to remaining bulbs 40 watts and above in 2014. Since January, California has already banned stores from restocking 100-watt incandescent bulbs.

Creating good alternatives to the light bulb has been more difficult than expected, especially for the very bright 100-watt bulbs. Part of the problem is that these new bulbs have to fit into lamps and ceiling fixtures designed for older technology.

Compact fluorescents are the most obvious replacement, but they have drawbacks. They contain a small amount of toxic mercury vapor, which is released if they break or are improperly thrown away. They last longer than traditional bulbs but not as long as LEDs. Brighter models are bulky and may not fit in existing fixtures.

Another new lighting technology, organic light-emitting diodes, or OLEDs, has had problems reaching mass production. OLEDs are glowing sheets or tiles, rather than pinprick light sources, as LEDs are. They’re used as vibrant color screens for smartphones, particularly from Samsung Electronics Co.

But making OLEDs that are big, bright, cheap and long-lasting enough for use as light sources has proved difficult, in part because they use chemicals that are sensitive to oxygen and spoil unless sealed very carefully.

Acuity Brands Inc., an Atlanta-based maker of light fixtures, will be showing some OLED panels at the show. They will go on sale next year, but the price will likely make them technology showpieces rather than candidates for everyday lighting.

LEDs are efficient, durable and produced in great quantities, but they’re still expensive. An LED bulb can contain a dozen light-emitting diodes, or tiny semiconductor chips, which cost about $1 each.

The big problem with LEDs is that although they don’t produce as much heat as incandescent bulbs, the heat they do create shortens the lifespan and reduces the efficiency of the chips. Cramming a dozen chips together in a tight bulb-shaped package that fits in today’s lamps and sockets makes the heat problem worse. The brighter the bulb, the bigger the problem is.

The most powerful pear-shaped LED bulbs in stores today — the kind that fits existing lamps — produce light equivalent to a 60-watt bulb, though there are more powerful ones for directional or flood lighting.

Osram Sylvania, a unit of Germany’s Siemens AG, said it has overcome the heat problem and will be showing a pear-shaped 100-watt-equivalent LED bulb this week. It doesn’t have a firm launch date, but it usually shows products about a year before they hit store shelves.

Lighting Sciences Group Corp., a Satellite Beach, Fla.-based company that specializes in LED lighting, will be showing several 100-watt-equivalent prototypes, including some that solve the problem of cooling the LEDs by using microscopic devices that move air over the chips, like miniature fans.

Before the 100-watters, there will be 75-watters on the shelves this year. Osram Sylvania will be selling them at Lowe’s starting in July. Royal Philips Electronics NV, the world’s biggest lighting maker, will have them in stores late this year for $40 to $45.

However, 60-watt bulbs are the big prize, since they’re the most common. There are 425 million incandescent light bulbs in the 60-watt range in use in the U.S. today, said Zia Eftekhar, the head of Philips’ North American lighting division. The energy savings that could be realized by replacing them with 10-watt LED bulbs is staggering.

To stimulate LED development, the federal government has instituted a $10 million “L Prize” for an energy-efficient replacement for the 60-watt bulb. Philips is so far the only entrant in testing, and Eftekhar expects the company to win it soon. But Lighting Sciences Group plans its own entry, which it will demonstrate at the trade show.

Philips has been selling a 60-watt-equivalent bulb at Home Depot since December that’s quite similar to the one submitted to the contest. But it’s slightly dimmer, consumes 2 watts too much power and costs $40, whereas the L Prize target is $22. Sylvania sells a similar LED bulb at Lowe’s, also for $40.

However, LED prices are coming down quickly. The DoE expects a 60-watt equivalent LED bulb to cost $10 by 2015, putting them within striking range of the price of a compact fluorescent bulb.

Bob Karlicek, the director of the Smart Lighting Research Center at Rensselaer Polytechnic Institute in Troy, N.Y., thinks that price is achievable.

But, he said, “it’s not necessarily clear to people in the lighting industry that LED chips were ever meant to go into a bulb.”

What’s really needed, he said, is a new approach to lighting — new fixtures and lamps that spread out the LEDs, avoiding the heat problem.

Source-http://news.yahoo.com/s/ap/20110516/ap_on_hi_te/us_led_lighting;_ylt=AsE3Gkdtse.WMyLRBM_sWOCs0NUE;_ylu=X3oDMTNqNzVocWJlBGFzc2V0A2FwLzIwMTEwNTE2L3VzX2xlZF9saWdodGluZwRjY29kZQNtb3N0cG9wdWxhcgRjcG9zAzgEcG9zAzUEcHQDaG9tZV9jb2tlBHNlYwN5bl9oZWFkbGluZV9saXN0BHNsawNs

Gasoline At 20 Cents A Gallon

(LewRockwell.com)  Two Roosevelt dimes contain 0.14468 oz of silver. If gas costs $4 in FRNs, then the implicit price of silver that makes $4 equivalent to 0.14468 oz of silver is $27.65 per ounce. So, this price seems roughly in the ballpark. But, if we take $35, which is nearer today’s silver’s price, then the implied price of gasoline is $5.06, which is steep. At any price less than $5.06, I’d hold on to the dimes and use FRNs. One has to be careful about these things. One also needs a conversion table. This could be sold as an application on a handheld device. I’m giving away a profitable idea here. The device could read in the spot price of silver from a web site. The user punches in the FRN price. Then the equivalent amount of silver coin is the output.

Sign at Ashland, Oregon station. (Thanks to Katcha Sanderson for the photo.)

Source-http://www.infowars.com/gasoline-at-20-cents-a-gallon/

McDonald’s To Replace Cashiers With Touch Screens

(FT)  McDonald’s is to change the way customers order its meals in Europe, partly replacing cashiers and the use of banknotes at its 7,000 fast-food restaurants in the region with touchscreen terminals and swipe cards.

“Ordering food has not changed for 30 or 40 years,” said Steve Easterbrook, president of McDonald’s Europe, in an interview with the Financial Times.

The move is part of the fast-food chain’s efforts to woo cash-strapped customers by making its restaurants more convenient and convivial. It is refurbishing stores, and introducing longer opening hours and new menus.

At a time when many retail and consumer companies are racking up sluggish or even shrinking sales in Europe, McDonald’s like-for-like sales rose 5.7 per cent year-on-year in the first quarter – the highest growth out of its three main geographic regions.

Mr Easterbrook said that the changes would make life easier for consumers as well as improve efficiency, with average transactions three to four seconds shorter for each customer. McDonald’s European stores serve 2m customers a day.

Weiky Filho, a student enjoying a burger at McDonald’s in Wimbledon, London, was in favour of the changes. “You don’t need to communicate with staff and it would be much quicker,” he said.

But Joe Surkitz, 21, was less convinced. “I’m looking for work and if there’s more machines doing jobs I’ll find it harder. Plus you won’t get service with a smile.”

Mr Easterbrook said that the new technology would allow McDonald’s to harness more information about customers’ ordering habits. Supermarkets and other retailers have huge databases of information on customers’ shopping habits, which they gather from loyalty cards.

Diners at the 1,200 McDonald’s outlets in the UK will shortly be able to pay by simply swiping a Visa debit card, just as London’s commuters can swipe their Oyster cards at train stations.

Source- http://www.ft.com/cms/s/0/e28f6864-7f1e-11e0-b239-00144feabdc0.html#ixzz1MYHprJUo