Posted by: quiscus | October 2, 2010

October 2, 2010

1.  Can you say ‘crime against humanity’?

THE United States has apologised for intentionally infecting people in Guatemala with sexually transmitted diseases in the 1940s. “

2.  “So…it turns out President Eisenhower wasn’t making up all that stuff about the military-industrial complex.

In the real world, though, the Constitution’s just a piece of paper. In the real world, a President who fired his top military in order to stop a war would be ruined before you could say “bloodless coup.” The Washington Post (filled with ads from Boeing and Northrop Grumman) would scream about how he was the reincarnation of Neville Chamberlain. Fox and CNN (filled with “experts” who work for think tanks funded by Raytheon and General Dynamics) would say he was a girly-man who had to be impeached. And Congress (which experienced its own escalation in lobbying from defense contractors just as the Afghanistan escalation was being decided) might well do it. (By the way, if you want to listen to Lyndon Johnson talk in 1964 about how he might be impeached if he didn’t follow the military-industrial complex’s orders and escalate the war in Vietnam, just go here.)”

3.  “Saving “America”

There are three main points that Johnson presents his arguments on:

1) the CIA should be shut down.

2) the overseas military bases need to be dismantled.

3) economy – the pork-barrelling of politicians within the military-industrial complex also needs to be shut down.”

4.  “Bernanke Knew Back in 1988 that Quantitative Easing Doesn’t Work

On a deeper level – as I pointed out in some detail in March – the Fed is intentionally locking up “excess bank reserves” so that they will not be loaned out into the economy. Specifically, in an ill-conceived attempt to prevent inflation, the Fed has been paying sufficient relatively high rates of interest on reserves deposited at the Fed by the big banks to encourage banks to lock up their reserves at the Fed instead of lending that money out to borrowers who need it.

So on this level, all the quantitative easing in the world won’t increase lending, because the banks will just continue to stockpile their money.

(On the deepest level, banks actually create credit out of thin air. See this, this and this. In other words, the commonly-accepted process for money creation is false, and banks don’t need any reserves to create credit).

Indeed, multiple lines of evidence demonstrate that quantitative easing helps the biggest companies, but not the little guy or the American economy as a whole.”

5.  “There is no question that those who control our government from behind the scenes are bound and determined to take over the $6 trillion in private pension plans. Whether they’ll be successful remains to be seen. The Department of Labor wants to force all IRA’s and 401k’s into the arms of a corporate fascist government, that knows better what is good for you, than you do. You would exchange your hard earned investments for a guaranteed, government annuity that is not worth the paper it is written on.

We have been writing about this for more than a year, but as usual few are listening. People say the government won’t and can’t do that. Government can do anything it wants.

Small amounts would go into R-bonds, government retirement bonds and larger amounts would be managed by the anointed few. They would be JPMorgan Chase, Goldman Sachs, Citigroup, etc. This would give them total control of the stock and bond markets. These investments would act as collateral for the government against which they’d issue R-bonds. Shades of the 1930’s German monopoly control of markets. That is what this is about as well as the control and subjugation of worldwide investments. A total hold on the control of all investments.

When this will happen and if it will happen, we do not know but this is what government bureaucrats are up too if they can get away with it. Very often Argentina is a testing ground for new fascist ideas. That is what their bankruptcy and default was in part about in the late 1990s and early 2000s. It was a trial run on default. For the past two years they have been in the process of discussing how to capture private pensions. ”

6.  “Sullivan’s defense of presidential assassinations

This is what we’re reduced to in America:  trial by Wikipedia.  Apparently, as long as there are enough links on your Wikipedia page to other accused Terrorists, then the President can wave his imperial wand and impose the death penalty on you.  Aside from the fact that most of what is on “Wiki” comes from unproven government accusations, and aside from the fact that it’s almost all rank guilt by association (Andrew:  “Witnesses report he was a spiritual adviser to and met with two 9/11 mass-murderers, Nawaf Al-Hazmi and Khalid Almihdhar“), this claim raises the painfully obvious question:  if the evidence is so clear and overwhelming that Awlaki is a Terrorist who deserves the death penalty, then why are Obama — and his supporters — so afraid to indict him and prove these claims in court? That was always the quandary posed by Bush’s assertion that he could eavesdrop or detain with no judicial oversight, but was doing so only on obvious Terrorists:  if it’s so clear that they’re Terrorists, why won’t you go to court and convince a court that they’re Terrorists?”

7.  ”

One in 28 US Kids Has a Parent in Prison

The US’s exceptionally high rate of incarceration is causing economic damage not only to the people behind bars but to their children and taxpayers as a whole, a new study finds.

The study (PDF) from the Pew Research Center’s Economic Mobility Project, released Tuesday, reports that the US prison population has more than quadrupled since 1980, from 500,000 to 2.3 million, making the US’s incarceration rate the highest in the world, beating former champions like Russia and South Africa.

This means more than one in 100 Americans is in prison, and the cost of prisons to states now exceeds $50 billion per year, or one in every 15 state dollars spent — a figure the study describes as “staggering.”

According to the authors, one in every 28 children in the US has a parent behind bars — up from one in 125 just 25 years ago. This is significant, the study argues, because children of incarcerated parents are much likelier to struggle in life.”


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