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Here We Go Again: US $25 Million Away From Debt Ceiling Breach

Tyler Durden's picture




 

It's simply amazing how quickly the US managed to hit its debt target, pardon, debt ceiling all over again...And now the Social Security Fund pillaging begins anew until Congress signs off on the latest interim debt ceiling increase.

 

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Thu, 01/05/2012 - 23:02 | 2037893 kill switch
kill switch's picture

 

 OT But now what we face,,,Long read if you can take it..

WGT

 

After about two and a half years during which the danger of war between the United States and Iran was at a relatively low level, this threat is now rapidly increasing. A pattern of political and diplomatic events, military deployments, and media chatter now indicates that Anglo-American ruling circles, acting through the troubled Obama administration, are currently gearing up for a campaign of bombing against Iran, combined with special forces incursions designed to stir up rebellions among the non-Persian nationalities of the Islamic Republic. Naturally, the probability of a new fake Gulf of Tonkin incident or false flag terror attack staged by the Anglo-American war party and attributed to Iran or its proxies is also growing rapidly.

The moment in the recent past when the US came closest to attacking Iran was August-September 2007, at about the time of the major Israeli bombing raid on Syria.1 This was the phase during which the Cheney faction in effect hijacked a fully loaded B-52 bomber equipped with six nuclear-armed cruise missiles, and attempted to take it to the Middle East outside of the command and control of the Pentagon, presumably to be used in a colossal provocation designed by the private rogue network for which Cheney was the visible face. A few days before the B-52 escaped control of legally constituted US authorities, a group of antiwar activists issued The Kennebunkport Warning of August 24-25, 2007, which had been drafted by the present writer.2 It was very significant that US institutional forces acted at that time to prevent the rogue B-52 from proceeding on its way towards the Middle East. The refusal to let the rogue B-52 take off reflected a growing consensus in the US military-intelligence community and the ruling elite in general that the Bush-Cheney-neocon policy of direct military aggression towards all comers had become counterproductive and very dangerous, running the risk of a terminal case of imperial overstretch.

A prominent spokesman for the growing disaffection with the neocons was Zbigniew Brzezinski, who had been a national security director in the Carter administration. Brzezinski argued that no more direct military attacks by the United States should be made for the time being, and that US policy should rather focus on playing off other states against each other, while the US remained somewhat aloof. Brzezinski’s model was always his own successful playing of the Soviet Union against Afghanistan in 1979, leading to the collapse of the Soviet empire a decade later. A centerpiece of Brzezinski’s argument was evidently the claim that color revolutions on the model of Ukraine 2004 were much a better tool than the costly and dangerous US bombing and US invasion always championed by the monomaniacal neocons. There was clearly an implication that Brzezinski could deliver a color revolution in Iran, as he had done in Ukraine.

Brzezinski’s Nightmare of 2007 Is Back

Brzezinski formulated his critique of the neocon methods of aggression and imperialistic geopolitics in his testimony before the Senate Foreign Relations Committee in February 2007, going so far as to point out the likely scenario of a false flag event or Gulf of Tonkin incident designed to embroil the United States in direct military hostilities with Iran. The heart of Brzezinski’s analysis was this: ‘If the United States continues to be bogged down in a protracted bloody involvement in Iraq, the final destination on this downhill track is likely to be a head-on conflict with Iran and with much of the world of Islam at large. A plausible scenario for a military collision with Iran involves Iraqi failure to meet the benchmarks; followed by accusations of Iranian responsibility for the failure; then by some provocation in Iraq or a terrorist act in the U.S. blamed on Iran; culminating in a “defensive” U.S. military action against Iran that plunges a lonely America into a spreading and deepening quagmire eventually ranging across Iraq, Iran, Afghanistan, and Pakistan.’ 3 Today we could add Lebanon and Syria to that list, plus perhaps Yemen, Somalia, Sudan, and some others in central Asia.

The factors contributing to the current increased danger level include three major trends:


The CIA’s Green Movement in Iran Has Fizzled

The US sponsored Green Movement in Iran has now demonstrably failed in its project of overthrowing the Achmadinejad government. Back in 2006-2007, the Brzezinski-Nye-Trilateral “soft power” or “smart power” group attacked the stupidity of the neocon plan for a direct US military attack on Iran by pointing out the opportunities for staging a color revolution in Iran, just as the Brzezinski faction had successfully staged the Orange Revolution to install NATO puppets in Ukraine. Why attack Iran directly, argued Brzezinski and his friends, when a US puppet regime in Teheran could be used against Russia and China in much the same way these same people had played Afghanistan against the Soviet Union, with catastrophic results of the latter. The apex of these subversion efforts came in June 2009, with the so-called Twitter Revolution, which was celebrated with hysterical gloating in the Anglo-American media. The Mousavi-Rafsanjani faction left no doubt about its CIA and MI-6 parentage with its signature chant of “Death to Russia, Death to China.” The illusion of an easy coup in Iran has died hard in Washington and London. But by June 2010, the impotence of the Green forces in Iran had become evident. Hillary Clinton is even complaining that Achmadinejad now represents a military-backed government which has marginalized the mullahs, whom the US has demonized in public but privately relied on to prevent the economic modernization of Iran. This gives rise to the tendency to fall back on the previous neocon plan for some combination of direct military attack by Israel and the United States, combined with escalated subversion efforts among the Baluchis, Azeris, Arabs, Turkmen, and Kurds of Iran.

Russian Policy Now Uncertain

During the time that the neocons were attempting to launch aggression against Iran, that task was rendered much more difficult by pervasive uncertainty about the possible reaction of Russia. One of the targets of any bombing campaign against Iran would necessarily be the Bushehr nuclear reactor, being built by Russian technicians. Neocon war planners had to worry about events like the visit to Tehran of Russian President Vladimir Putin on October 16, 2007. During the Putin era, Russian media and figures like General Leonid Ivashov took the lead in calling attention to suddenly increases in US-UK war preparations, as in the case of Operation Byte, the attack on Iran proposed for Good Friday, April 6, 2007.4 While it was thought very unlikely that Russia would risk general war as a result of an attack on Iran, there remained nevertheless the question as to what Russia actually would do. This dangerous uncertainty was a very serious obstacle for the pro-war agitation by the neocons.

In this way, Putin was able to make a decisive contribution to the maintenance of world peace during the years after 9/11. As of mid-2010, it would appear that the foreign policy of Russian President Medvedev is momentarily evolving away from the fierce independence and Russian nationalism championed by Putin, and is placing more value on projects of cooperation with the NATO countries, sometimes obtained by unilateral concessions to the US. Part of this can be ascribed to the increasing influence of the free market ideologue Anatoly Chubais, the architect of the nomenklatura privatization of Soviet state property during the 1990s, whose concept of the modernization of the Russian economy depends very heavily on information technology, in which he portrays the United States as being in the lead. Newsweek has reported the approval of a new foreign policy outline drafted by the Russian foreign ministry which has allegedly gained provisional approval by President Medvedev. This document is entitled “Program for the Effective Exploitation on A Systemic Basis of Foreign Policy Factors for the Purposes of the Long-Term Development of the Russian Federation.” 5 The main immediate effect of the reported new Russian policy is the apparent willingness of the Kremlin to make important foreign policy concessions to the United States with very minimal returns. This in turn means that key unknowns surrounding a US attack on Iran have become less of a concern for the resurgent neocon war faction in Washington. This adds up to a situation in which an attack on Iran is now more likely.

The US-UK Hedge Fund Blitzkrieg Against the Euro Falters

It is a grave error to imagine that normal relations with the Anglo-American financiers can be obtained in the current world depression through conciliatory behavior. The US-UK are experiencing cataclysmic instability in the form of a financial breakdown crisis, and this crisis impels these powers towards irrational, adventuristic, and aggressive behavior. A key lesson of the 1930s is that, when imperialist financier elites are faced by a disintegration of their fictitious speculative bubbles, they often respond with strategic flights forward of the most lunatic sort. In the wake of the 2007-2008 disintegration of the Anglo-American banking system, the New York and London elites have shown signs of going collectively bonkers, although these clinical tendencies have been primarily expressed in the area of their reactionary domestic socioeconomic policies. The specific form assumed by this tendency after the second half of 2008 involves the severe weakening of the US dollar as the world reserve currency by the creation of a $24 trillion credit line by the Federal Reserve, US Treasury, and FDIC for the purpose of bailing out the Wall Street zombie banks. This tidal wave of dollars led to a severe weakening of the US greenback on international markets during most of the second half of 2009. In late 2009 and early 2010 a group of Anglo-American hedge funds around Soros, Paulson, David Einhorn, and others launched a speculative attack against the government bonds of Greece, Spain, and Portugal, with the goal of using a crisis in the southern tier of the euro to bring on a panic flight of hot money out of the euro, thus collapsing that currency to Third World levels. Partly because of the countermeasures instituted by the German government, including the banning of naked credit default swaps on Euroland bonds and naked shorts of German stocks, and partly thanks to direct support from China, the planned Anglo-American blitzkrieg against the euro has now bogged down after eight months of effort, with the euro currently oscillating at a price of about $1.25 – $1.30. This means that, unless the city of London and Wall Street can come up with a new plan, the forces of world economic depression represented by $1.5 quadrillion of bankrupt and kited derivatives may now find a new victim, most likely in the form of either the British pound or the US dollar.

The immediate threat of a pound or dollar currency collapse is leading the ruling financier factions to reconsider a very dangerous flight forward in the form of an attack on Iran, precisely because such an aggression would likely lead to a blocking of the Straits of Hormuz or in any case to a serious disruption of one third of the world’s tanker traffic. Following the tested model of the Kippur war/oil boycott of October 1973, the US-UK financiers would bid up the price of oil to $500 or $1000 per barrel, thus creating enough demand for dollars to soak up much of the dollar overhang and prop up the greenback, at least for a time.

An Astronomical Oil Price As Salvation for The US Dollar

As Jean-Michel Vernochet of the Réseau Voltaire has pointed out, the likely Iranian retaliation for the looming attack in terms of interdicting Hormuz and the Gulf is actually built into the US-UK war plan as a positive contribution towards saving the dollar by massively driving up the price of oil, which is of course still quoted mainly in dollars.6 Energy and Capital editor Christian A. DeHaemer, an oil market analyst, commented: “The last oil price shock in the Middle East was in 1990 when the United States invaded Iraq for invading Kuwait. The price per barrel of oil went from $21 to $28 on August 6… to $46 by mid-October. The looming Iran War is not priced in,” he warned in his newsletter. Iran has the third-highest oil reserves in the world and is second only to Saudi Arabia in production. If any action prevents the flow of Iranian oil, the price of “black gold” would soar, he added.’ (IsraelNationalNews.com)
 

Playing The Arabs Against The Iranians

One important prerequisite for US aggression grows out of the Trilateral group’s strategy, starting from the Baker-Hamilton Iraq Study Group of 2006, of forming a block of the Sunni Arab nations against the Persian-speaking Iranian Shiites and their allies in the Lebanese Hezbollah and the Palestinian Hamas, as well as Syria. The Anglo-American hope for this tactic of divide and conquer is that hostility between Arabs and Persians will eclipse the more recent enmity between Jews and Arabs. “The Jews and Arabs have been fighting for one hundred years. The Arabs and the Persians have been going at (it) for a thousand,” wrote Jeffrey Goldberg on The Atlantic’s website.8

With many reports that the United Arab Emirates and Saudi Arabia are ready to support the US aggression, great importance must be attached to the current struggle over the future shape of the government of Iraq. Here The secular Shiite Allawi is a US puppet, while his rival Maliki prefers Iran. Sadr and his Mahdi army, closely linked to Iran, represent a key stumbling block for US intentions. The US requires an Iraqi puppet state which will pursue at least a pro-US neutrality in case of war, and above all prevent Iranian special forces or guerrillas from cutting the long US supply line alone Route Tampa from Kuwait City. This is why the question of the Iraqi government was so important that Vice President Biden had to make a special trip to Iraq in the vain hope of quickly setting up a suitable puppet regime there. If the Iraq army turns against US, the situation of US forces could become extraordinarily critical.
 

War Warnings, Calls For War

Over recent days, warnings about imminent war and direct calls for war have been proliferating in the world media. The veteran Cuban leader Fidel Castro gave his most detailed media interview since the beginning of his illness several years ago, apparently for the express purpose of issuing a warning about US aggressive plans for Iran, and also for North Korea (DPRK). According to a wire dispatch of July 12, ‘the 83-year-old former president talked about how tension between the United States and both North Korea and Iran could ultimately trigger a global nuclear war …. Castro warned that an attack on Iran would be catastrophic for America. “The worst (for America) is the resistance they will face there, which they didn’t face in Iraq,” he said.’

On July 11, the former Malaysian Prime Minister Mahathir Mohamad stated that ‘the US compelled the UN Security Council to impose sanctions against Iran in order to weaken the country and lay the ground for a military attack. The former Malaysian premier added, “It is a matter of time before the war criminals in Israel and the United States launch another war of aggression, once Iran has been weakened by sanctions.”’ 10

Around the same time, former Senator Chuck Robb and former NATO deputy commander General Charles Wald issued an editorial call for the US to begin preparing an attack. Their argument was that the fourth round of economic sanctions extorted by the United States from UN Security Council on June 9 would never be effective, and that military action had to be geared up in parallel to these sanctions. They also warned that the Cold War doctrine of deterrence would not work in regard to Iran: ‘Absent a broader and more robust strategy, however, sanctions alone will prove inadequate to halt Iran’s pursuit of nuclear weapons…current trends suggest that Iran could achieve nuclear weapons capability before the end of this year, posing a strategically untenable threat to the United States. Contrary to a growing number of voices in Washington, we do not believe a nuclear weapons-capable Iran could be contained…. We cannot afford to wait indefinitely to determine the effectiveness of diplomacy and sanctions. Sanctions can be effective only if coupled with open preparation for the military option as a last resort. Indeed, publicly playing down potential military options has weakened our leverage with Tehran, making a peaceful resolution less likely. Instead, the administration needs to expand its approach and make clear to the Iranian regime and the American people: If diplomatic and economic pressures do not compel Iran to terminate its nuclear program, the U.S. military has the capability and is prepared to launch an effective, targeted strike on Tehran’s nuclear and supporting military facilities…. The stakes are too high to rely on sanctions and diplomacy without credibly preparing for a potential military strike as well.’ 11
The Neocons Promise A Cakewalk — Again!

One of the most blatant calls for war with Iran comes from the former CIA agent and neocon ideologue Reuel Marc Gerecht. The Weekly Standard, the central organ of the neocon warmonger party, devotes the cover story of its current issue to urging the Israelis to put an end to Obama’s dithering by mounting the attacks themselves, thus presenting the feckless tenant of the White House with a fait accompli.12

In the inimitable style of neocon Kenneth Adelman, who notoriously promised a cakewalk in Iraq the last time we went down this road, Gerecht impatiently dismisses a series of arguments against such a fateful act of incalculable folly, and does not miss the opportunity to settle accounts with Brzezinski, whose alternative model of imperialist management is now losing support within the ruling elite. Gerecht writes: ‘… concerns about an Israeli bombing are no more persuasive. Hezbollah would undoubtedly unleash its missiles on Israel after a preventive strike…. Hundreds of Israelis could die from Hezbollah’s new and improved store of missiles. Israel might have to invade Lebanon again, which would cost more lives and certainly upset the “international community.”…. The Obama administration might fume, but it is hard to imagine the president, given what he has said about the unacceptability of Iranian nukes, scolding Jerusalem long. He might personally agree with his one-time counsel, Jimmy Carter’s national security adviser Zbigniew Brzezinski, that Israel has become a pariah state, but politically this won’t fly.’ 13 Three years ago, Brzezinski had the upper hand and the neocons were in disarray, but now the tables have been turned to a significant extent.

There is nothing to worry about, Gerecht assures us, since the Iranians are a paper tiger and the results will be a cakewalk: ‘American fear of Iranian capabilities in Iraq and Afghanistan has been exaggerated. The Americans are leaving Iraq; within a year, most of our troops are due to be gone….’ 14 Back in 2002-2003, the neocon line was that Saddam Hussein was so powerful that he had to be attacked. This time around, their field is reversed, and the main argument is that the Iranians need to be attacked because they are a pushover: ‘If the Iranians tried their mightiest, they could give us only a small headache compared with the migraine we’ve already got courtesy of the Pakistanis, who are intimately tied to Afghanistan’s Taliban. And the Israelis know the U.S. Navy has no fear of Tehran’s closing the Strait of Hormuz. If Khamenei has a death-wish, he’ll let the Revolutionary Guards mine the strait, the entrance to the Persian Gulf: It might be the only thing that would push President Obama to strike Iran militarily. Such an escalation could quickly leave Khamenei with no navy, air force, and army. The Israelis have to be praying that the supreme leader will be this addle-headed.’ 15 The tried and true ‘cakewalk’ argument is neither the first nor the last notorious neocon trick which is being brought back these days.

But what about the awesome threat of Iranian state-sponsored terrorism, the danger which these same neocons have been incessantly harping on for the past decade? No problem, says Gerecht. All we would need to do at that point is to issue a bloodcurdling thermonuclear ultimatum to Iran about incinerating that country with nuclear missiles, perhaps killing tens of millions of Iranians. As a matter of fact, Gerecht suggests, the US had better start issuing this sort of threat right now, without any further dithering: ‘It is entirely possible that Khamenei would use terrorism against the United States after an Israeli strike. That is one of the supreme leader’s preferred methods of state action, which is why he should not be permitted a nuclear weapon. The correct response for the United States is to credibly threaten vengeance. President Obama might be obliged to make such a threat immediately after an Israeli surprise attack; whether the Iranians would believe it, given America’s record, is more difficult to assess.’ 16 Note carefully that these statements amounts to the public advocacy of aggressive war, a behavior which may run afoul of the Nuremberg precedents of 1945.

The Iranians are crazy, says Gerecht, so the old-fashioned nuclear deterrence of Mutually Assured Destruction will never work. There is no point in wasting time any longer, and it is time for the Israeli missiles and bombers to fly: ‘‘It is possible the Israelis have waited too long to strike. Military action should make a strategic difference….If we’re not at the end of the road, then the Israelis probably should waste no more time. Khamenei is still weak. He’s more paranoid than he’s ever been. The odds of his making uncorrectable mistakes are much better than before. Any Israeli raid that could knock out a sizable part of Iran’s nuclear program would change the dynamic inside Iran and throughout the Middle East…..Unless Jerusalem bombs, the Israelis will soon be confronting a situation without historical parallel…. In the best case scenario, if things were just “normal” in Tehran, Israel would likely be confronting Cuban Missile Crisis-style brinkmanship on a routine basis.

De Borchgrave: Obama Wants Three Wars And Both Houses Of Congress

The veteran columnist Arnaud de Borchgrave offers the following estimate, which gives considerable attention to the US military opposition against the coming strike, as well as to Iranian capabilities for retaliation in the region: ‘A former Arab leader, in close touch with current leaders, speaking privately not for attribution, told this reporter July 6, “All the Middle Eastern and Gulf leaders now want Iran taken out of the nuclear arms business and they all know sanctions won’t work.” The temptation for Obama to double down on Iran will grow rapidly as he concludes that Afghanistan will remain a festering sore as far as anyone can peer into a murky future, hardly a recipe for success at the polls in November. With a war in Afghanistan that is bound to get worse and a military theater in Iraq replete with sectarian violence, the bombing of Iran may give Obama a three-front war — and a chance to retain both houses of Congress. Adm. Mike Mullen, chairman of the Joint Chiefs of Staff, also expressed reservations from time to time. The Joint Chiefs and former CENTCOM commanders know better than most experts that Iran has formidable asymmetrical retaliatory capabilities. For example, all of these are vulnerable to Iranian sabotage or hundreds of Iranian missiles on the eastern side of the Gulf: from the narrow Straits of Hormuz, which still handles 25 percent of the world’s oil traffic; to Bahrain, the U.S. Fifth Fleet’s headquarters where the population is two-thirds Shiite and the royal family is Sunni; to Dubai, where about 400,000 Iranians live, including many who are “sleeper agents” or favorable to Tehran; to Qatar, now the world’s richest country with per-capita income at $78,000, which supplies the United States with the world’s longest runway and sub-headquarters for CENTCOM, and whose LNG facilities are within short missile range of Iran’s coastal batteries; to Saudi Arabia’s Ras Tanura, the world’s largest oil terminal, and Abqaiq, nerve center of Saudi’s eastern oil fields.

On The Eve Of A New False Flag Provocation?

Naturally, the traditional Anglo-American method for neutralizing any possible opposition from military leaders or members of Congress, to say nothing of the increasingly atomized US public, has been to stage a provocation along the lines of the Gulf of Tonkin in August 1964, or an event like 9/11, quickly followed by the appropriate congressional resolution which can be used in lieu of an actual declaration of war, as needed. Vernochet finds that these ingredients are really the only ones missing in the current constellation of forces to get military operations going in grand style.58 Vernochet estimates that the only possibility for stopping this war would be the creation of a large block of states led by Russia and China, and that this possibility seems very remote at the present time. But instead of seeing the denizens of Manhattan and the city of London as power crazed, it would be more accurate to regard them as living in mortal fear of their own imminent financial bankruptcy, and desperately seeking some way to convince the world that their empire of derivatives, zombie banks, and hedge funds actually represents the economic future of humanity.59 In the meantime, one thing which antiwar activists can unquestionably do is to begin inoculating public opinion to regard any terrorist act or military clash attributed by the mass media to Iran as a provocation deliberately staged by the US-UK war party.

US And Israeli Warships Mobilized

The US has recently deployed a second aircraft carrier battle group to waters near Iran. A large number of US warships, by some accounts 11 vessels, passed through the Suez Canal heading east towards the Gulf at the end of June. This was evidently the expanded battle group around the attack carrier USS Truman. An Israeli report says: ‘International agreements require Egypt to keep the Suez open even for warships, but the armada, led by the USS Truman with 5,000 sailors and marines, was the largest in years. Egypt closed the canal to fishing and other boats as the armada moved through the strategic passageway that connects the Red and Mediterranean Seas.’ 60 Some reports stated that an Israeli ship was part of the armada.

There are also reports that the Israeli Navy is expanding its operations into the Gulf: ‘Several defense websites have reported that Israel is deploying one to three German-made nuclear submarines in the Persian Gulf as a defensive measure against the possibility of a missile attacks from Lebanon and Syria, as well as Iran. “The submarines of Flotilla 7 — Dolphin, Tekuma and Leviathan — have visited the Gulf before,” DeHaemer wrote, “but the decision has now been taken to ensure a permanent presence of at least one of the vessels.”61 These submarines fire nuclear missiles, and could destroy Iranian cities. They cannot defend anything, but they can launch a nuclear first strike.

US Troops In Eleven Countries Encircle Iran

US forces currently operate in at least 11 countries within striking distance of Iran. These are Iraq, Afghanistan, Turkey, Pakistan, Kuwait, Azerbaijan, Armenia, Turkmenistan, Saudi Arabia, UAE, and Kyrgyzstan. While Manas Air Force base in Kyrgyzstan might be available for operations against Iran, there are currently no US bases in Uzbekistan, so far as is known. But the US is trying to re-open its Uzbek base, which was closed in 2005.62 Thus, US military forces are now present in virtually all of Iran’s neighbors, except Syria. Many of these are places which the US peace movement, to the extent that it has survived the coming of Obama, has never heard of. This includes more than 50,000 GIs in Iraq (where the US is now alone, after the departure of all coalition contingents) and Afghanistan, where there are some 100,000 US forces. There are US forces in various disguises in Pakistan. There are NATO bases, including the formidable Incirlik air base, in Turkey. Whether Turkey will allow its territory to be abused for aggression is another question.

Thu, 01/05/2012 - 23:23 | 2037937 blunderdog
blunderdog's picture

OK, sure, but why bring this old shit up again?

Is that you, geopol?

Fri, 01/06/2012 - 00:07 | 2038031 JR
JR's picture

Ah, the triumph of democracy – the American Empire pretext for eternal war and revolution.

The United States has long abandoned the once-revered principle of neutrality. Our rulers may cry "democracy" but only they may decide what counts as democracy; the democratic elections in the Muslim world – in Algeria, Iran, Gaza, Lebanon… proved unacceptable to the Israeli/U.S. ideal of "global democratic revolution."

The Israeli-led American Empire has taken on aggressive aspects similar to Stalin’s Russia. We don’t sovietize those we would threaten and manipulate - we destroy them. America was to be a government that provided for its people, but instead it has become a weapon in the hands of tyrants to seize resources of other countries and to so construct their governments that they are submissive to the needs of the international bankers. We say we would like to see regime change in Iran, but we really don’t want an independent Islamic Iran. We want a subservient Iran.

Thu, 01/05/2012 - 23:26 | 2037941 Uber Vandal
Uber Vandal's picture

After reading this article, I wonder if this is getting preparations in place for the day that Social Security checks do not flow.

 

http://www.dailycommercial.com/News/LakeCounty/010412shield


Thu, 01/05/2012 - 23:32 | 2037964 AU5K
AU5K's picture

Citizen Obama will lead Amerika Region and Global Collective into great prosperity.

Thu, 01/05/2012 - 23:39 | 2037978 Lazane
Lazane's picture

Who ever thought that they will ever let the biggest dog fail, nope, not on your life. And then they said,

"hang the cost"

Thu, 01/05/2012 - 23:46 | 2037994 Atomizer
Atomizer's picture

 

 

As history repeats, our society has reached the Bifurcation tipping point. Our elected public servants have transposed themselves into something other than their hired function. It's quite comical to watch topsy turvy political candidates balance the system support backing and hoodwink the general public for voting support. 

The political establishment no longer enjoys the confidence that earlier generations placed in its hands. Its response has been to increase police powers and surveillance; expand penitentiaries and prison sentences; build more weapons of mass destruction; and create new lists of enemies against whom to conduct endless wars. The state has become destructive of the foundations of life, particularly of the social systems and practices that sustain life. Were its attributes found within an individual, it would be aptly described as a psychopathic serial killer! But its destructiveness can no longer be tolerated by a life system intent on survival.

- Boundaries of Order by Butler Shaffer 

Property and Life Part

Thu, 01/05/2012 - 23:56 | 2038013 Rob Jones
Rob Jones's picture

It is like a skyscraper. As soon as we hit the ceiling, we just add another floor.

However there is a physical limit to how tall you can make a building. At some point, the steel just cannot take the stress and must give way.

And remember the old saying: "The bigger they are, the harder they fall."

Fri, 01/06/2012 - 00:20 | 2038050 Atomizer
Atomizer's picture

The plans are underway, they intend on crashing the current system to impliment a World Socialism Society. Laugh now.. cry later. We still have a window to turn back the hands of time. It’s a narrow window, don't be late for the party.  :>)

Fri, 01/06/2012 - 00:14 | 2038036 Element
Element's picture

Tyler, what's the date the US Govt has to have a new debt ceiling in place ... else 'technical' default ... and ratings agencies make more of their "irrelevant" credit downgrades?

Fri, 01/06/2012 - 00:36 | 2038079 Atomizer
Atomizer's picture

Peggy Joseph will finally live out her dreams of free rent. Another 2012 poster child to emerge & sell votes….. It won't be uh afro american dis here tyme around. Think souf o' da border with muh gun beeotch.

Fri, 01/06/2012 - 00:37 | 2038080 And...Its Gone
And...Its Gone's picture

Posted on January 5, 2012

Hot Mic At Pentagon Presser Catches Reporter: "See This Room? Two-Thirds Of Us Laid-Off When Ron Paul Is President"

http://www.realclearpolitics.com/video/2012/01/05/hot_mic_at_pentagon_presser_catches_reporter_see_this_room_two-thirds_of_us_laid-off_when_ron_paul_is_president.html

Fri, 01/06/2012 - 01:09 | 2038127 JR
JR's picture

In response to a challenge from Nicolas Lemann’sObama would do well to take Paul’s success as an opportunity to engage in a debate about fundamentals” in the New Yorker’s current hit piece on Ron Paul, Enemy of the State, Walter Block, professor of economics at Loyola University New Orleans, throws down the gauntlet: 

A debate? Without a teleprompter for Obama? Paul will make minced-meat out of him.

As for Lemann, Dean of the Columbia University School of Journalism, he explains “Growing Up Jewish in the American South” on big think.

http://bigthink.com/ideas/2892

 

 

Fri, 01/06/2012 - 01:21 | 2038144 Atomizer
Atomizer's picture

The 2/3 (0.666666667) media layoff will begin dwindling tomorrow morning. Live microphones and iPhone sextexting.. (UNYTD) - Unions Need Your Tax Dollars will echo defeat amongst these two government taxpayer leeches. No need to worry, new Obama shovel ready summer jobs are on the horizon.

Fri, 01/06/2012 - 00:59 | 2038125 mailll
mailll's picture

This only proves that all this fuss about balancing the budget by cutting spending or raising taxes was all a charade.  The politicians knew neither of these was going to happen and nothing did happen.  We got snowed again.  They all want to look like they are doing something to solve our problems but nothing ever gets done. When all is said and done, the same problems still exist.  The people just forgot about the problem.  So their charade worked.  It made us forget the problem ever existed.  The politicians know this psychology of how we have short memories, so they play on this.  A few weeks or a few months later, we forget. We have to stop forgetting and vote these Bozo puppets out of office.  But the problem is that a new set of Bozo puppets get elected.  Bottom line, we're screwed.

Fri, 01/06/2012 - 01:36 | 2038176 Dre4dwolf
Dre4dwolf's picture

I got an idea! instead of printing more money and borrowing more! how about we make things CHEAPER? ^^

 

New law, tomorrow everyone sell everything 500% cheaper or you got jail.

 

Done, now the govt won't need to steal, I mean borrow so much money because now it can afford all the pretty cars and prostitutes, I mean paper and toner it needs.

 

 

Fri, 01/06/2012 - 01:59 | 2038222 cherry picker
cherry picker's picture

I really don't know how the $500 an hour hooker will feel having her income reduced 500%, although I percieve she may get a lot more business from those on unemployment insurance.  Its like economies of scale and mass production isn't it?

For that price, the average politician can afford five for the price of one, which would give the MSM and tabloids a whole new playing field.  :)

 

Fri, 01/06/2012 - 03:09 | 2038291 tahoebumsmith
tahoebumsmith's picture

The fact that they don't even care anymore should have us all worried. Forget about dollars, markets or home values, it's all irrelevant... time to start thinking more in the lines of food , water and protection

...

 

Fri, 01/06/2012 - 04:06 | 2038341 rosethorn
rosethorn's picture

Been reading this book: Amazon.com: Red Star Rogue: The Untold Story of a Soviet Submarine's Nuclear Strike Attempt on the U.S.: Kenneth Sewell, Clint Richmond: Books

Based on declassified stuff, it says that a rogue USSR sub attempted to launch a nuclear missile targeting Hawaii in 1968, but the launch failed and sank the sub.

Rogue meaning that Moscow didn't authorize the launch.

Totally serious. Blew my mind.

Fri, 01/06/2012 - 07:53 | 2038604 BandGap
BandGap's picture

I read that years ago. They tried to make it look like the Chinese did it. The thinking is that this led Nixon to open a relationship with China in 1972.  I think I'll re-read that one, it was a solidly technical evaluation.

 

Fri, 01/06/2012 - 04:10 | 2038343 Xanadu_doo
Xanadu_doo's picture

Apparently none of this matters...again.

2:00 am CST, Fox news radio (Coast-2-coast am, bitchez) just gave the first (I've heard) early reports for tomorrows job numbers. I may miss some of the specifics, but...

ADP employment estimate up something like 325,000 - much higher than estimates. This is also the highest number since 2001, I think they said. They also mentioned most of those jobs came from small business and specifically referred to those employers as "the real engines of job growth in Amerika".Also, manufacturing will report way up - two years in a row now and the highest since 1997 if memory serves.

 

So, you see., there is indeed a magical unicorn, but Obama, Geithner and Bernank have it tied up somewhere shitting magical skittles, which are then promptly shoveled into the hungry mouths of reporting agencies and their MSM fluffers.

This good news alone is surely enough to jump-start the economy and boost consumer confidence, reduce volitility, raise home prices and bring oil back to $25.

 

Right?

Right???

Fri, 01/06/2012 - 07:52 | 2038603 JuicedGamma
JuicedGamma's picture

Nobody pays attention to ADP.

It makes no sense since they do something like 1/6 (from their FAQ) of the US payrolls, but that's the way it is.  The BLS BS numbers are the ones that matter.

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Fri, 01/06/2012 - 07:55 | 2038605 JuicedGamma
JuicedGamma's picture

But don't worry folks Geithner will step in and raid the US government employees pensions again.

Now move along nothing to see here....

Fri, 01/06/2012 - 10:30 | 2039028 Lokpol
Lokpol's picture

Can someone please explain how the pillaging of Social Security will take place?  Does the US government approach the SS administration, borrow the money, and give them IOUs in place?

Fri, 01/06/2012 - 16:09 | 2040362 blunderdog
blunderdog's picture

Does the US government approach the SS administration, borrow the money, and give them IOUs in place?

That's been going on since the '80s.  The government "borrowed" the money from FICA to meet ongoing budget obligations.  The only way to "pillage" SS anymore is to stop sending checks to people.  There's no money there.

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