Several days after being humiliated by Iran which either shot down a EQ-170 drone, or worse, hacked into its navigation system and landed it, Obama has decided to double down, and stick the other foot in his mouth. As ABC reports in connection with Obama's handling of this embarrassing predicament, ""We've asked for it back. We'll see how the Iranians respond," Obama said at a news conference. Obama said he wouldn't comment further "on intelligence matters that are classified." Great, the only problem is Iran will never return it, as they have already indicated, for the simple reason that it has already been reverse engineered 5 ways from Sunday somewhere deep in the bowels of one of China's unpopulated cities, which just doubles as a very populated military intelligence base. The only good news is that within 6-9 months every American will be able to buy a personal stealth drone for a new low, low price at their friendly neighborhood Wal-Mart. Our only concern is whether FoxConn will be able to handle the supply of both iPads and straight for re-export drones: it would be ironic if this massive military embarrassment ends up as being a catalyst to short Apple.
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Ron Paul: “The PATRIOT Act Was Written Many, Many Years Before 9/11 [And The Attacks Simply Provided] An Opportunity ...Submitted by George Washington on 12/09/2011 18:16 -0500
Yup ... Virtually everything happening now was planned before 9/11 ...
The Council on Foreign Relations has released their politically-correctly-named 'Preventive Priorities Survey' or put another way - where-in-the-world-is-stuff-going-to-hit-the-fan-next report. The report is designed to help the US policy community comprehend where the next conflict will occur in the world and the relative catastrophe factor. The 3 tiers of chaos offer a menu of drivers-for-war, likely terrorist targets, and political tensions. Notably they include such systemic factors as the European debt crisis, budgetary limits, and Saudi political instability's impact on oil supplies at Tier 1 (most critical) contingencies.
In a new experiment that began with "The Redline: A Tale Of Collapse" , Alt-Market is trying something a little different; a short fiction series based on fact. Make no mistake; while the characters and events in this story are products of imagination, the issues presented and their probable consequences are anything but fantasy.
Japan will reward investors who buy reconstruction bonds with half an ounce of gold, an added incentive that could boost the return by nearly six times according to Japanese Finance Minister Jun Azumi. Individual investors who purchase more than 10 million yen ($129,000) in the debt with a 0.05 percent return and keep it for three years will receive a gold commemorative coin weighing 15.6 grams (0.55 ounces), the Finance Ministry said in Tokyo today, worth about $948 based on current prices for the precious metal. The offer suggests the return could be boosted to 89,000 yen should gold prices remain at current levels, more than the approximate 15,000 yen one would receive from the bond. The coupon on conventional three-year retail government debt to be sold on Jan. 16 is 0.18 percent. 10 year debt remains near multi record lows of 1%. Silver coins weighing 31.1 grams issued as 1,000 yen currency will be distributed to those who own more than 1 million yen of the bonds, the government said. The coins will be offered for debt going on sale in March. All investors receive a thank-you note from the minister, who showed his to reporters in Tokyo today as proof of his purchase. Chief Cabinet Secretary Osamu Fujimura also bought the bonds, Azumi said, without saying how much. This is a sign that the Japanese government like governments internationally is very concerned that they will not be able to sell their government debt.
Classified documents surfaced in Germany that predicted a dire future for Afghanistan after the departure of NATO troops.
Iran and the United States broke diplomatic ties following the 1979 Islamic revolution and the storming of the U.S. embassy in Tehran 32 years ago. Here are details of ups and downs in their relations since the 1950's.
Here we go:
IRAN MILITARY DOWNS U.S. DRONE IN EASTERN PROVINCE -TV
IRAN SAYS ITS RESPONSE TO U.S. DRONE VIOLATION OF ITS AIRSPACE WILL BE CARRIED OUT OUTSIDE IRAN'S BORDERS- FARS AGENCY
Guest Post: Furious At Latest U.S. Attack, Pakistan Shuts Down Resupply Routes To Afghanistan "Permanently"Submitted by Tyler Durden on 12/03/2011 13:05 -0500
NATO recently literally shot itself in the foot, imperiling the resupply of International Assistance Forces (ISAF) in Afghanistan by shooting up two Pakistani border posts in a “hot pursuit’ raid. Given that roughly 100 fuel tanker trucks along with 200 other trucks loaded with NATO supplies cross into Afghanistan each day from Pakistan, Pakistan’s closure of the border has ominous long-term consequences for the logistical resupply of ISAF forces, even as Pentagon officials downplay the issue and scramble for alternative resupply routes. Pakistan, long angry about ISAF/NATO cross border raids, has apparently reached the end of its tether. Following the 26 November NATO aerial assault on two border posts in Mohmand Agency in Pakistan’s turbulent NorthWest Frontier Province, Islamabad promptly sealed its border with Afghanistan to NATO supplies after the allied strikes killed 24 Pakistani soldiers.
The United States increasingly resembles a 3rd world country in terms of unemployment, lack of economic opportunity, falling wages, growing poverty and concentration of wealth, government debt, corporate influence over government and weakening rule of law. Federal Reserve monetary policies and federal government economic, regulatory and tax policies seem to favor the largest banks and corporations over the interests of small businesses or of the general population. The potential elimination of the middle class could reshape the socioeconomic strata of American society in the image of a 3rd world country. It seems only a matter of time before the devolution of the United States becomes more visible. As the U.S. economy continues to decline, public health, nutrition and education, as well as the country’s infrastructure, will visibly deteriorate. There is little evidence of political will or leadership for fundamental reforms. All other things being equal, the U.S. will become a post industrial neo-3rd-world country by 2032.
Been lots of talk around lately regarding the collapse of the US Dollar and what that would mean for the United States of America and the world. There has also been a lot of talk about the Federal Reserve Bank of the United States of America and how unhappy the people of the US are getting with this largely unknown organization. These two forces are converging together in what could be a very serious and detrimental way as it relates to the average US citizen. This article will rely heavily on flawed analogies to help the lay person understand the inner workings of both the IMF and the Federal Reserve Bank. This is not to be taken as an academic piece and I would ask that it not be judged as such. This is meant to help those people that have recently woken up to the reality that their country has been hi-jacked and those that are desperate to get up to speed as quickly as possible. So let’s jump right into the thick of it shall we? First we need to start with what I hope are simple lessons so that you can take what I am about to teach you and apply it to the real world. There is one thing that bankers and computer people love to do and that is to use big scary acronyms to scare off the simple folk. So here is the first lesson...
Don't worry about it, Comrade ... our Great Leaders in the Politburo would never pass a law unless it was good for us.
A Majority of Americans (Including Both OWS and the Tea Party) AGREE on the Most Important Issues … We Just Don’t Realize ItSubmitted by George Washington on 11/22/2011 20:59 -0500
Stay divided and conquered, America ... stay stupid (Love, the Bernanke, Turbo Timmy, Lloyd "Doing God's Work" and the gang)