Who’s Behind All of the Wars?

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Posted on 27th March 2015 by Administrator in Economy |Politics |Social Issues

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George Washington's picture

Bankers hate peace …

Lee Fang reports:

The possibility of an Iran nuclear deal depressing weapons sales was raised by Myles Walton, an analyst from Germany’s Deutsche Bank, during a Lockheed earnings call this past January 27. Walton asked Marillyn Hewson, the chief executive of Lockheed Martin, if an Iran agreement could “impede what you see as progress in foreign military sales.” Financial industry analysts such as Walton use earnings calls as an opportunity to ask publicly-traded corporations like Lockheed about issues that might harm profitability.

 

Hewson replied that “that really isn’t coming up,” but stressed that “volatility all around the region” should continue to bring in new business. According to Hewson, “A lot of volatility, a lot of instability, a lot of things that are happening” in both the Middle East and the Asia-Pacific region means both are “growth areas” for Lockheed Martin.

 

The Deutsche Bank-Lockheed exchange “underscores a longstanding truism of the weapons trade: war — or the threat of war — is good for the arms business,” says William Hartung, director of the Arms & Security Project at the Center for International Policy. Hartung observed that Hewson described the normalization of relations with Iran not as a positive development for the future, but as an “impediment.” “And Hewson’s response,” Hartung adds, “which in essence is ‘don’t worry, there’s plenty of instability to go around,’ shows the perverse incentive structure that is at the heart of the international arms market.”

The President of Stanford University (David Starr Jordan) reported that banksters are the true power behind the throne, and that – for many centuries – they’ve made their fortunes by financing war.

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THE REAL REASON THE AMERICAN DREAM IS UNRAVELING

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Posted on 22nd March 2015 by Administrator in Economy |Politics |Social Issues

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Marketwatch posted an article this week titled Why the American Dream is Unraveling, in 4 charts. As usual, the MSM journalist and the liberal Harvard academic can create charts that reveal a huge problem, but they completely misdiagnose the causes and offer the typical wrong solution of taking more money from producers and handing it to the poor, with no strings attached. This has been the standard operating procedure since LBJ began his War on Poverty 50 years ago. Do these control freaks ever step back and assess how that war is going?

The poverty rate had plunged from 34% in 1950 to below 20% before LBJ ever declared war. It continued down to 15% just as the welfare programs began to be implemented. The percentage of people living in poverty hasn’t budged from the 15% range since the war began. This war has been just as successful as the war on drugs and the war on terrorism. Any time a politician declares war on something, expect a huge price tag and more of the “problem” they are declaring war upon.

The Federal government runs over 80 means-tested welfare programs that provide cash, food, housing, medical care, and targeted social services to poor and low-income Americans. Over 100 million Americans received benefits from at least one of these programs. Federal and state governments spent $943 billion in 2013 on these programs at an average cost of $9,000 per recipient (not including Social Security & Medicare). That is 27% of the total Federal budget. Welfare spending as a percentage of the Federal budget was less than 2% prior to the launch of the War on Poverty.

In the 50 years since this war started, U.S. taxpayers have spent over $22 trillion on anti-poverty programs. Adjusted for inflation, this spending (which does not include Social Security or Medicare) is three times the cost of all U.S. military wars since the American Revolution. In terms of LBJ’s main goal of reducing the “causes” rather than the mere “consequences” of poverty, the War on Poverty has utterly failed. In fact, a large proportion of the population is now completely dependent upon government handouts, incapable of self-sufficiency, and enslaved in a welfare mentality that has destroyed their communities.

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BERGDAHL/OBAMA TRAITOR

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Posted on 27th March 2015 by Administrator in Economy |Politics |Social Issues

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Via Investors.com

QUOTES OF THE DAY

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Posted on 27th March 2015 by Administrator in Economy |Politics |Social Issues

1. “As far as I am concerned, war itself is immoral.” -U.S. WWII General Omar Bradley

2. “The means of defense against foreign danger historically have become the instruments of tyranny at home.” -James Madison

3. “If Tyranny and Oppression come to this land, it will be in the guise of fighting a foreign enemy.” -James Madison

4. “No nation could preserve its freedom in the midst of continual warfare. ” -James Madison

5. “Of all the enemies of public liberty, war is perhaps the most to be dreaded, because it comprises and develops the germ of every other.” -James Madison

6. “The executive has no right, in any case, to decide the question, whether there is or is not cause for declaring war.” -James Madison

7. “It is a universal truth that the loss of liberty at home is to be charged to the provisions against danger, real or pretended, from abroad.” -James Madison

8. “Having seen the people of all other nations bowed down to the earth under the wars and prodigalities of their rulers, I have cherished their opposites, peace, economy, and riddance of public debt, believing that these were the high road to public as well as private prosperity and happiness.” -Thomas Jefferson

9. “The most successful war seldom pays for its losses.” -Thomas Jefferson

10. “The spirit of this country is totally adverse to a large military force.” -Thomas Jefferson

11. “Governments constantly choose between telling lies and fighting wars, with the end result always being the same. One will always lead to the other.” -Thomas Jefferson

12. “I abhor war and view it as the greatest scourge of mankind.” -Thomas Jefferson

13. “Peace and friendship with all mankind is our wisest policy, and I wish we may be permitted to pursue it.” -Thomas Jefferson

14. “If there is one principle more deeply rooted in the mind of every American, it is that we should have nothing to do with conquest.” -Thomas Jefferson

15. “Conquest is not in our principles. It is inconsistent with our government.” -Thomas Jefferson

16. “War is an instrument entirely inefficient toward redressing wrong; and multiplies, instead of indemnifying losses.” -Thomas Jefferson

17. “A coward is much more exposed to quarrels than a man of spirit.” -Thomas Jefferson

18. “Commerce with all nations, alliance with none, should be our motto.” -Thomas Jefferson

19. “War…is as much a punishment to the punisher as to the sufferer.” -Thomas Jefferson

20. “I hope our wisdom will grow with our power, and teach us, that the less we use our power the greater it will be.” -Thomas Jefferson

NOW THIS IS GOTCHA’ JOURNALISM WE COULD USE MORE OF

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Posted on 27th March 2015 by T4C in Economy |Politics |Social Issues |Technology

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Is it wrong for me to be giddy as a Mean Girl at the sight of a corporate minion becoming discombobulated, to the point of squirming and shriveling from embarrassment when he is outed for his hypocrisy?

……Anyone?…….I didn’t think so.

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Our studies show that glyphosate acts as a disruptor of mammalian cytochrome P450 aromatase activity from concentrations 100 times lower than the recommended use in agriculture; this is noticeable on human placental cells after only 18 hr, and it can also affect aromatase gene expression. It also partially disrupts the ubiquitous reductase activity but at higher concentrations. Its effects are allowed and amplified by at least 0.02% of the adjuvants present in Roundup, known to facilitate cell penetration, and this should be carefully taken into account in pesticide evaluation. The dilution of glyphosate in Roundup formulation may multiply its endocrine effect. Roundup may be thus considered as a potential endocrine disruptor. Moreover, at higher doses still below the classical agricultural dilutions, its toxicity on placental cells could induce some reproduction problems.” ~ Differential Effects of Glyphosate and Roundup on Human Placental Cells and Aromatase

kj

 

Monsanto Lobbyist Swears Herbicide Safe Enough

To Drink…Until Journalist Offers Him A Glass

MARCH 26, 2015

by JAMESON PARKER

Lobbyists are known for talking a big game, and none have that reputation more than the ones who work for embattled chemical company Monsanto. But what happens when a journalist asks one to put his money where his mouth is? Cringeworthy results.

Monsanto has recently made headlines once again when a World Health Organization report found that the ingredient glyphosate was likely posing considerable risk to people.

According to the Des Moines Register:

The World Health Organization’s International Agency for Research on Cancer (IARC) said in a report Friday that glyphosate was “probably carcinogenic” to humans. The agency said the chemical, used in more than 750 products made by Monsanto and other companies, has been found in water, air and food during spraying. But WHO said use of the weed killer is often low in areas where most of the public would face the greatest risk of exposure.

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WHY THE CHINESE STOCK MARKET IS SOARING

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Posted on 26th March 2015 by Administrator in Economy |Politics |Social Issues

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You may have read the weekly reports showing the Chinese economy slowing rapidly and the real estate market collapsing. You may also have been wondering why the Chinese stock market has soared 60% in the last six months if the economy is going in the tank. Well look no further. Buying stocks on margin has increased by 900% in the last six months. See, the 60% increase is based on sound fundamentals. What could possibly go wrong?

Via Zero Hedge

WHEN THE TIME COMES, THERE WILL BE NO TIME

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Posted on 26th March 2015 by Administrator in Economy |Politics |Social Issues

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Guest Post by Jesse

Gold and silver caught an overnight flight to safety on the war breaking out between Saudi Arabia, Egypt, and Yemen on the overnight.

Gold hit a high around 1218 or so on the spot price, but was pushed back down towards 1203 during the New York trading hours.

The miners were hit rather hard, which sometimes portends a hit on the metals the next day. Let’s see how that works out. These mechanisms and influences are not linear.

It would be in the manner of the bucket shop to give a gut check on a price drop to those new holders of futures contracts from today’s precious metals option expiration. But since I cannot see into all the players hands, to know who is holding what with any confidence, it is too hard to say.

I do think that the US Fed will raise rates this year by some token amount, unless the wheels completely fall off the economy for two quarters in a row. The first quarter is looking increasingly dismal, but it is easy to dismiss that as a one-off due to the weather.

The pampered princes and princesses of the Feds would like to raise rates for the benefit of their Bankers. And they will perform as required. Like the politicians, this is why they are there, to give plunder the appearance of legitimacy.

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Hope This Never Happens To Admin and Other Well Off TBPers

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Posted on 26th March 2015 by Stucky in Economy

Fuck Amerika.

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Government Orders Banks to Call the Cops When Customers Withdraw $5,000 or More

bank cash call police

“Hello? Chatham Police? Admin is withdrawing money for drugs!!

 

Washington, D.C. – In a clear escalation in the ongoing war on U.S. citizens, the Justice Department has recommended that bank employees snitch on customers attempting to withdraw more than $5,000.

Federal regulations already require banks to submit a “Suspicious Activity Report” (SAR) when, “Transactions conducted or attempted by, at, or through the bank (or an affiliate) and aggregating $5,000 or more…” according to the handbook for the Federal Financial Institution Examination Council.

The banks are required to fill a certain number of SAR reports every month. This forces them to file SARs for perfectly legal actions (such as withdrawing cash).

If using the banks as snitches, by having them file SARs on bank customers withdrawing over $5,000 dollars cash wasn’t intrusive enough, now the feds are advocating that bankers actually call law enforcement themselves.

The Wall Street Journal reports:

The U.S. Justice Department’s criminal head said banks may need to go beyond filing suspicious activity reports when they encounter a risky customer.

“The vast majority of financial institutions file suspicious activity reports when they suspect that an account is connected to nefarious activity,” said assistant attorney general Leslie Caldwell in a speech last Monday, according to prepared remarks.

“But, in appropriate cases, we encourage those institutions to consider whether to take more action: specifically, to alert law enforcement authorities about the problem.”

The remarks indicate that banks may be expected to do more than just file SARs, a responsibility that itself can be expensive and time-consuming.

Some banks already have close relationships with law enforcement, said Kevin Rosenberg, chair of Goldberg Lowenstein & Weatherwax LLP’s government investigation and white collar litigation group. Ms. Caldwell’s remarks “speak to moving forward in a more collaborative way,” said Mr. Rosenberg.

A tip-off from a bank about a suspicious customer could lead law enforcement to seize funds or start an investigation, Ms. Caldwell said.

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IT’S HARD WORK BUYING BACK YOUR OWN STOCK

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Posted on 26th March 2015 by Administrator in Economy |Politics |Social Issues

U.S. CEOs have it really tough. Their job is to never give workers more than a 2% raise, not make capital investments in their business, raise prices on their goods by making the products smaller or using inferior materials, outsource anything possible to the Far East, borrow at ridiculously low interest rates from Wall Street criminal banks, use the debt to buy back their company stock thereby pumping up earnings per share, and pay themselves 331 times more than their average worker. It also helps if you have an Ivy League degree, are a born psychopath, have no social empathy, and can lie with a straight face.

US CEO-Worker Pay Gap Is Widest In Developed World

Tyler Durden's picture

Not too long ago we solved the mystery of America’s missing wage growth by pointing to the fact that wage growth for the country’s “non-supervisory” workers was in fact headed in the wrong direction, while America’s bosses were seeing their pay increase. We went on to note that with the correlation between consumer spending and wage growth now nearly perfect, the US economy could well suffer given that non-supervisory workers account for four-fifths of total employment and consumer spending accounts for three fourths of GDP.

If you needed further evidence of the disparity in compensation for America’s bosses versus what everyone else makes, look no further than the following chart from Bloomberg which shows that the pay gap between CEOs and workers is wider in America than in any other country in the developed world — and wider by a lot.

More from Bloomberg:

Hope This Never Happens To Hardscrabble Farmer

18 comments

Posted on 26th March 2015 by Stucky in Economy

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Fuck Amerika.

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Police Raid Small Family Farm, Charge Family, Seize Animals Because they were Free Range

Image from Friends of West Wind Acres Facebook Page

Schenectady County, New York – Earlier this month, a family farm in rural New York was raided by police after the owners were cited on a number of trumped up regulatory violations. Joshua Rockwood, the owner of the farm, is being accused of mistreating his animals, and the local government has began confiscating some of them.

Police initially visited Rockwood’s property on February 25th to investigate reports of unlicensed working dogs, weeks before the raid. Unfortunately, Rockwood voluntarily showed local police around his property, which he had not yet tended to that day because of their unexpected interruption.  After showing them around, they began to critically assess every aspect of the farm, writing a number of citations for arbitrary offenses.

The very next day, Rockwood had a veterinarian visit the farm to check on the animals to confirm that they were well taken care of and in good health. According to numerous reports, the vet said that the animals were just fine, and did not seem to share the concerns that the officers alleged during their walk-through.

A second veterinarian was also called in to verify the health of the animals and they also found them to be in perfect health.

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CO-PILOT WAS EITHER ON ANTI-DEPRESSANTS OR A MUSLIM CONVERT

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Posted on 26th March 2015 by Administrator in Economy |Politics |Social Issues

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The politically correct corporate media won’t say it, so I will. There are only two logical explanations for the co-pilot of this plane to purposely crash it into a mountain. He was either on one of the mega-drug company psychotropic anti-depression drugs or he was a Muslim terrorist sympathizer.

Of course Obama immediately has to chime in by saying it wasn’t a terrorist act. What the fuck do we care what the fuck Obama thinks about a German airliner crash? He should just shut the fuck up and concentrate on his NCAA pool or decide what other country he is going to invade in the Middle East.

If this co-pilot was on anti-depressants, will we ever find out? Most of the mass murderers in the U.S. were on these drugs, but the information is suppressed from the public because drug company profits would suffer.

Via Marketwatch

Germanwings co-pilot appears to have deliberately crashed plane

Black box contains screams believed to be from passengers

Reuters

Debris at the Germanwings crash site.

PARIS — The co-pilot of Germanwings Flight 9525 appears to have deliberately crashed the plane after he was left alone in the cockpit, according to a French prosecutor.

The captain was intentionally locked outside minutes before the A320 crashed into an alpine mountain ridge, French Prosecutor Brice Robin said Thursday. Co-pilot Andreas Lubitz, a 28-year-old German national, could be heard breathing throughout the plane’s descent and was alive at the point of impact, according to the prosecutor.

Robin’s initial conclusions are drawn from the plane’s cockpit voice recorder, recovered at the crash site in the French Alps late Tuesday and analyzed by French accident investigators on Wednesday.

The co-pilot’s actions during the final minutes of the flight could be interpreted as a “willingness to destroy this aircraft,” Robin told a news conference in Marseille.

The voice recording, which lasts over 30 minutes and includes the crucial last 10 minutes of the flight, contains screams believed to be from passengers once they recognized the plane was crashing.

An expanded version of this report appears on WSJ.com


True Story – U.S. Military Lost Equipment from $750 Million Program, Some Ended up on eBay and Craigslist

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Posted on 26th March 2015 by Administrator in Economy |Politics |Social Issues

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Guest Post by Michael Krieger

Screen Shot 2015-03-26 at 10.26.13 AM

The Pentagon lost track of sensitive equipment from a $750 million program to help U.S. soldiers spot roadside bombs — and some of it wound up for sale on eBay, Craigslist and other websites, according to a Navy intelligence document obtained by The Intercept.

The report went on to state that “more than 32,000 pieces of equipment were issued” under the program, and the items “are NOT for civilian use and are controlled under the International Traffic in Arms Regulations.” The devices went missing because the military units had poor control over equipment distributed to them, according to the intelligence brief.

JIEDDO has been heavily criticized over the years for expending large sums of money without attaining clear results. According to a 2012 report by the Government Accountability Office, JIEDDO had spent over $18 billion yet lacked an effective way to oversee its programs.

– From the Intercept article: Sensitive Military Gear Ended Up on eBay, Craigslist

Another day, another example of the inconceivable incompetence of the U.S. government.

Just yesterday, I published a post titled, Can’t Make This Up – U.S. Providing Aid in Fight Against ISIS in Iraq Alongside Iranian Troops. Here’s an excerpt in case you missed it:

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Can’t Make This Up – U.S. Providing Aid in Fight Against ISIS in Iraq Alongside Iranian Troops

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Posted on 26th March 2015 by Administrator in Economy |Politics |Social Issues

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Guest Post by Michael Krieger

The war, therefore, if we judge it by the standards of previous wars, is merely an imposture. It is like the battles between certain ruminant animals whose horns are set at such an angle that they are incapable of hurting one another. But though it is unreal it is not meaningless. It eats up the surplus of consumable goods, and it helps to preserve the special mental atmosphere that a hierarchical society needs. War, it will be seen, is now a purely internal affair. In the past, the ruling groups of all countries, although they might recognize their common interest and therefore limit the destructiveness of war, did fight against one another, and the victor always plundered the vanquished. In our own day they are not fighting against one another at all. The war is waged by each ruling group against its own subjects, and the object of the war is not to make or prevent conquests of territory, but to keep the structure of society intact. The very word ‘war’, therefore, has become misleading. It would probably be accurate to say that by becoming continuous war has ceased to exist. The peculiar pressure that it exerted on human beings between the Neolithic Age and the early twentieth century has disappeared and been replaced by something quite different. The effect would be much the same if the three super-states, instead of fighting one another, should agree to live in perpetual peace, each inviolate within its own boundaries. For in that case each would still be a self-contained universe, freed for ever from the sobering influence of external danger. A peace that was truly permanent would be the same as a permanent war. This — although the vast majority of Party members understand it only in a shallower sense — is the inner meaning of the Party slogan: WAR IS PEACE.

– George Orwell, 1984

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