Is Government Just Spying Like a Giant Peeping Tom … Or Is It Actively USING that Information in Mischievous Ways?Submitted by George Washington on 08/13/2013 13:59 -0400
Favoring “Friends” ... Harassing “Enemies” ... Propaganda ... Cyber-Warfare ... Track ‘Em and Whack ‘Em
Obama cancels meeting with Putin in Moscow amid tensions over NSA leaker Edward Snowden. http://t.co/Wdy2SYXvSt
— WSJ Breaking News (@WSJbreakingnews) August 7, 2013
Embassy evacuations are so last week. In an apparent escalation of the threat level to some unspecified color, earlier today the U.S. Air Force flew some American personnel out of Sanaa, Yemen, the Pentagon said, as the United States told its citizens to leave the country and ordered the evacuation of non-essential government staff "because of a terror threat." Reuters quotes Pentagon spokesman George Little who said in a statement that "in response to a request from the U.S. State Department, early this morning the U.S. Air Force transported personnel out of Sanaa, Yemen, as part of a reduction in emergency personnel." He did not specify which types of personnel were involved or where they were taken. "The U.S. Department of Defense continues to have personnel on the ground in Yemen to support the U.S. State Department and monitor the security situation," the statement said.
This insane world was created through decades of bad decisions, believing in false prophets, choosing current consumption over sustainable long-term savings based growth, electing corruptible men who promised voters entitlements that were mathematically impossible to deliver, the disintegration of a sense of civic and community obligation and a gradual degradation of the national intelligence and character. There is a common denominator in all the bubbles created over the last century – Wall Street bankers and their puppets at the Federal Reserve. Fractional reserve banking, control of a fiat currency by a privately owned central bank, and an economy dependent upon ever increasing levels of debt are nothing more than ingredients of a Ponzi scheme that will ultimately implode and destroy the worldwide financial system. Since 1913 we have been enduring the largest fraud and embezzlement scheme in world history, but the law of diminishing returns is revealing the plot and illuminating the culprits. Bernanke and his cronies have proven themselves to be highly educated one trick pony protectors of the status quo. Bernanke will eventually roll craps. When he does, the collapse will be epic and 2008 will seem like a walk in the park.
The latest subjunctive paraphrase, just released by the US State Department: "Please don't panic... well, actually panic just a little bit, but thanks to the NSA's pervasive snooping activity, in retrospect there will have been no need to panic, as any terror threats will have been promptly eliminated (except for those that sneak through the NSA's dragnet like the Boston bombing of course). So all is well... but not really, which is why we are extending embassy closures for a little more, due to highly specific unspecified threats which we can't reveal. Just know the threats are there. But thanks to the NSA, there is nothing to worry about. Unless there is."
Now that Edward Snowden has been granted temporary asylum in Russia and he has been allowed to leave the airport, things are starting to hot up between the US and Russia.
With US leaks about Israeli air strike on Syria, John Kerry stirring the civil war pot in Egypt, and the closure of US embassies across the Muslim world (Iraq, Afghanistan, Qatar, Bahrain, Oman, Kuwait, Bangladesh, Saudi Arabia, Libya, Yemen, UAE, Algeria, Mauritania, Sudan, Israel (Tel Aviv) and Jordan), it appears something is afoot. To add to the intrigue, the US State Department just issued a worldwide travel alert for US citizens.
*STATE DEPARTMENT WORLDWIDE TRAVEL ALERT EXPIRES AUGUST 31, 2013
*STATE DEPT ISSUES WORLDWIDE TRAVEL ALERT FOR U.S. CITIZENS
An Al-Qaeda threat has been posited but with no follow-up but we can't help but fear what we wondered about previously - the need for deficits to re-awaken (via some external event that no-one can 'un-patriotically' demur) providing more room for Bernanke to avoid his need for Taper.
We suppose it just wasn’t enough that our allies, “the rebels” in Syria, have significant Al-Qaeda elements to them. No, we are the USA! USA! Best country ever. Defender of human rights. City on a hill. We must do far more than that. So we did. This story below from Bloomberg, highlights a 236-page report by the U.S. Army Suspension and Debarment Office, which shows that military contracts have been granted to the Taliban and Al-Qaeda in Afghanistan. Yep, this is exactly what happens when an empire gets too big, too corrupt, and ends up in the hands of a bunch of sociopaths.
Only a decade ago, drones were the purview of the military, but today we are realizing the commercial potential of this technology and the numerous cost-cutting applications for the oil and gas industry in the future. For everything from exploration and pipeline leak detection to oil spill clean-up assistance, drones are poised to become a necessity rather than luxury. First, let’s just clarify: Drone is just another name for robot, but what we’re talking about here is the Predator-style, unmanned aerial vehicle—maybe a bit smaller, and certainly not weaponized. It turns out that drones have a number of applications that don’t involve annoying Pakistan by launching bombing raids from across the border in Afghanistan, or sending them out to spy in Iranian airspace (and sometimes getting caught).
Fed Economist Fired for Investigating Suspicious 9-11 Cash Transfers; and Steve Keen Exposes Financial FallaciesSubmitted by EB on 07/25/2013 07:23 -0400
Tens of billions in cold, hard cash was shuffled around just prior to 9-11 by none other than the Fed itself, then the Fed economist who exposed it was fired.
Moments ago, an unlikely grouping between a 33-year old Republican, Rep-Justin Amash, and an 84-year old Democrat, Rep-John Conyers, resulted in a House vote, that if passed, would have suspended the NSA's "indiscriminate collection of phone records" and effectively ended the program's statutory authority. Yet despite significant lobbying by the White House, security experts and representative on both sides of the aisle, the vote came within a startlingly close 12 votes of passage. A majority of Democrats, 111, voted for Amash's amendment despite the full court press while 83 Democrats voted no. The GOP vote was 94-134. That the vote did not pass is not surprising. However, that it came to just 12 votes of passage is the stunning development and shows a sea change of how Congress approaches both personal privacy and the broader implications of the Patriot Act. All of it thanks to the action of one man who at last check was still stuck in the transit terminal in Moscow.
Citi's FX Technicals group is biased to believe that the low in this correction may have been posted for Gold. Here's why...
Whether or not you believe PMs will serve as the ultimate store of wealth as the global fiat monetary system collapses should have absolutely no bearing on making the intelligent decision to remove your financial assets from under the domain and inevitable confiscation of global bankers and their State-run tyrannies. Independence Day is a fine day to start the process of taking back our freedoms from the tyrants that rule over us.
The volatility of recent weeks is but a mere small taste of the volatility in store for all markets in the coming months and years. The global debt crisis is likely to continue for the rest of the decade as politicians and central bankers have merely delayed the day of reckoning. They have ensured that when the day of reckoning comes it will be even more painful and costly then it would have been previously.