Monday, March 26, 2012

Welcome To The United States of Orwell, Part 1: Your One Last Chance to Preserve the Bill of Rights (without another revolution)

Submitted by Charles Hugh Smith from Of Two Minds
This Congress and President Obama have shredded the Bill of Rights. We have one last chance to restore the Founding Fathers' bastion against a rogue Central State: the Bill of Rights.
"Everything that Richard Nixon did to me, for which he faced impeachment and prosecution, which led to his resignation, is now legal under the Patriot Act, the Foreign Intelligence Surveillance Act, and the National Defense Authorization Act (NDAA)." Daniel Ellsberg. Can Congress legalize tyranny by passing a law that says it canCan Congress shred the Bill of Rights by passing a law that says it can? Well, Congress has passed such a law, and President Obama--the most effective Trojan Horse president in American history, a plutocrat dressed as a "progressive"-- rushed to sign it on New Years Eve 2011 when nobody was looking.
This is not a partisan issue, though various flaks and toadies are attempting to make it soHere is how the American Civil Liberties Union (ACLU) describes the NDAA: Indefinite Detention, Endless Worldwide War and the 2012 National Defense Authorization Act.
He signed it. We'll fight it. President Obama signed the National Defense Authorization Act (NDAA) into law. It contains a sweeping worldwide indefinite detention provision. The dangerous new law can be used by this and future presidents to militarily detain people captured far from any battlefield. He signed it. Now, we have to fight it wherever we can and for as long as it takes.

Kony 2012 Western Propaganda "An insult to Uganda" - CrossTalk with Julie Owono, Jendayi Frazer and Ayo Johnson

Is the Kony 2012 video, released by Invisible Children, responsible human rights advocacy? Is it well-intentioned? Or does it have a different agenda? Is it trying to justify the US military option? And what can we learn about Uganda from this video? CrossTalking with Julie Owono, Jendayi Frazer and Ayo Johnson on March 26. Source

Too many powers wanted Gaddafi dead - NTC head

Colonel Muammar Gaddafi was wanted dead so his secrets would die with him. So insists Mahmoud Jibril, the man who led the NTC uprising to overthrow Colonel Gaddafi’s regime, in an exclusive interview with RT.

Too many parties who have real interests that Gaddafi doesn’t talk, that he should be silenced forever,” Mahmoud Jibril told RT, specifying he does not know who exactly killed the Colonel – a foreign entity or Libyans.

I would love to know who was behind [Colonel Gaddafi’s] killing,” he said.

Raging Racism - News Analysis


The recent murder of a 17-year-old African-American teenage boy in Florida has stirred much controversy about racism in the United States as George Zimmerman, the teen murderer is at large.

Republican Party primaries "Dead men walking" - Real Deal with George Galloway

US Republican White House hopeful and former Massachusetts governor Mitt Romney has come out as the big winner in Super Tuesday's 10-state vote. +++

Obama Pledges His Allegiance to Her Majesty the Queen?

This is too crazy ... Obama receives high praise from Britain's Prime Minister Cameron for his many impeachable offenses and in return, Obama pledges himself to remain, now and always, the Queen's faithful servant.

Yes, Britain still owns America. Hard to believe, but true!???

Ron Paul: Stop the Fed's Covert Bailout of Europe

"Banks that miscalculate should suffer 
their own losses accordingly"

Syrian Girl - UN ceasefire ploy to re-arm syrian insurgency "We do not negotiate with terrorists"

The enemies of Syria seemed to have changed their tune, but how much can we trust what they are saying? My view on what is really going on behind the scenes.  "I want to say that we do not negotiate with terrorists."

Things That Make You Go Hmmm... Such As A "Fiscally Credible" UK And Its Upcoming 100 Year Gilts


Tyler Durden's picture
 
From Grant Williams' latest Things That Make You Go Hmmm...
The popularity of Liability Matching amongst UK pension funds has all but guaranteed a disastrous outcome for a generation of ‘savers’ as rates have been held artificially low in a highly inflationary environment but perhaps the biggest ‘tell’ that the status quo cannot possibly go on for much longer came last week when George Osborne tabled an idea not used since the aftermath of WWI - 100-year gilts:
(UK Daily Telegraph): Britain is to offer 100-year gilts, meaning current Government borrowing will not be repaid until the next century, ...

The Chancellor hopes that the 100-year gilts will help to “lock in” the benefits of Britain’s international “safe haven” status. The interest rates paid by the Government to borrow money have recently fallen to a record low and it is hoped the new gilts will mean “our great-grandchildren” can benefit from the low rates.

Currently, the average duration of the Government’s £1 trillion debt is around 14 years – with maturities ranging from months to a 50-year bond issued in 2005. Longer-dated debt is widely thought to offer a country more stability.

A Treasury source said tonight: “This is about locking in for the future the tangible benefits of the safe haven status we have today. The prize is lower debt interest repayments for decades to come.

“It is a chance for our great-grandchildren to pay less than they otherwise would have done because of the government’s fiscal credibility.” 
Wow!
Firstly, Britain’s ‘safe-haven status’ is a fallacy. It is no more safe than many of the other major economies who are choking on debts that cannot be paid off. The only reason it HAS that status currently is because of the very Achilles Heel that will ultimately prove to be its demise - the ability to print its own currency. By NOT being a part of the euro experiment, Britain has kept control of its fate and has been able to print its way out of trouble - so far - while its neighbours to the east have all been lashed to the deck of the same sinking boat, but the day is coming when Britain’s profligacy will become important again. As I keep saying; none of this matters to anyone until it matters to everyone.
Secondly, interest rates may have ‘fallen to a record low’ but they have done so in the same way heavily-indebted gamblers often ‘fall’ from hotel rooms - with a big push (only this time from the Bank of England and not a guy called Fat Tony). Like US Treasurys,  the price of UK gilts would be nowhere near these levels without a captive and very friendly buyer in the shape of the central bank.

Gashole?

Are there any alternatives to oil that will secure America's energy future? This informative documentary takes on one of the nation's most complex challenges by launching conversations with politicians from both political parties, as well as offering insights from alternative energy producers and economics scholars who explore consumers' experience with oil dependence. Source