Obama Burned in Effigy in Bangladesh

Violence Breaks Out in Pakistan as Public Holiday Begins

Aamir Qureshi/Agence France-Presse — Getty Images
A demonstrator threw a tear gas shell toward the police during protests against an anti-Islam film in Islamabad on Friday.

ISLAMABAD, Pakistan — A television station employee was shot dead on Friday in the northwestern city of Peshawar as violent crowds filled the streets of several cities on a day of government-sanctioned protests against an American anti-Islam film.

The unrest came as governments and Western institutions in many parts of the Muslim world braced for protests after Friday prayer — an occasion often associated with demonstrations as worshipers leave mosques. In Tunisia, the authorities invoked emergency powers to outlaw all demonstrations, fearing an outpouring of anti-Western protest inspired both by the American-made film and by cartoons depicting the Prophet Muhammad in a French satirical weekly.

American diplomatic posts in India, Indonesia and elsewhere closed for the day, news reports said, while thousands of Islamists gathered in Dhaka, the capital of Bangladesh, to chant slogans against the United States and France, burning the flags of both countries and an effigy of President Obama, Reuters said.

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BBC: West Nile Virus in US Due to International Travel and “Climate Change”

West Nile Virus: Tackling deadly mosquito virus in US

More than 130 people have died in the US as a result of West Nile Virus, the disease that is spread to humans by mosquitoes.

This year’s outbreak looks set to be the worst on record.

With no available vaccine, Americans currently have little protection. Scientists say people may eventually acquire immunity through exposure, but that could take several decades.

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Recovery, Recession or Depression: The Unpleasant Truth

Mark McHugh reports:

Velocity of money is the  frequency with which a unit of money is spent on new goods and services.   It is a far better indicator of economic activity than GDP, consumer prices, the stock market, or sales of men’s underwear (which Greenspan was fond of ogling).  In a healthy economy, the same dollar is collected as payment and subsequently spent many times over.  In a depression, the velocity of money goes catatonic.  Velocity of money is calculated by simply dividing GDP by a given money supply.  This VoM chart using monetary base  should end any discussion of what ”this” is and whether or not anybody should be using the word “recovery” with a straight face:

 Have the Last 5 Years Been Worse than the Great Depression?

In just four short years, our “enlightened” policy-makers have slowed money velocity to depths never seen in the Great Depression.

We are stuck in a depression because the government has done all of the wrong things, and has failed to address the core problems.

For example:

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Obama on Letterman: Doesn’t know debt clock numbers

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It’s Not about Political Parties

Madison Rising – The Star Spangled Banner

httpv://www.youtube.com/watch?v=c8C7i9kdEf8

We reached our initial goal of 1 million views by Election Day (November 6th) on September 14, 2012 – a full 7 weeks earlier than expected. Now we’re upping the ante.

Take the NEW Challenge: Help Madison Rising reach 5 million views by July 4th of next year and let’s celebrate what being an American is all about!

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A Long March Before Us – T.L. Davis

The truth is we need some form of “reset” to this nation if we are to survive as a bastion of liberty. That is what is so depressing about this election cycle. Romney will not dissolve the DHS, will not dismantle the Patriot Act and probably will not end Obamacare. Without those things being done, this nation cannot claim Constitutional legitimacy, it simply is not possible.

Our debts are a direct result of a government functioning outside its mandate, which is the Constitution. The Constitution limited what the government could do and while I understand that the states, when the Constitution was given more weight than it is today, often ran roughshod over those very same rights, it has not gotten better because the federal government has decided to take that role and twist the arms of state legislatures in order to do so.

All of this is an echo of the Reconstruction after the Civil War. The federal government cannot stand not to be in control of the states, lest they do something like secede.

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The RNC Declaration of War, and the Coming Revolution

This is a must-read open letter, which does an excellent job presenting our current situation.  As such, I have reposted it verbatim from The Examiner

Dear America,

Apparently, my explanatory talents are not one of oration, but of writing. I am a prolific writer with 340 published as the Lafayette Examiner for the last 3.7 years. I consider you a close friend, and yet we find ourselves at odds and divided by the political process we now find ourselves in. What we face in America’s future is indeed a daunting challenge, and it seems at this time that only a few Americans understand the need to wake up. This “liberty” movement, is however, growing, and those who finally see the road ahead, is shouting it from the roof-tops. Liberty!

Most don’t seem to grasp the gravity of what happened at the GOP in Tampa. The RNC changed the rules at the very last minute, and seated their own representatives, displacing duly elected delegates from each state. They made it impossible for Dr. Paul to be nominated from the floor. It means that we the people no longer have the power to promote change. Never again can a grass-root movement have a voice in the process, and the candidate will be chosen for us without consent. It means we are now complete slaves to the system, without a voice. It is the same reason Obama is now our president.

You told me that the greatest Republican President was Ronald Reagan. If these rules had been implemented just prior to that election Ronald Reagan would not have been nominated, nor would have John F. Kennedy, the greatest Democrat who ever lived. The reason most don’t understand Dr. Paul’s message is because they get all  information from the liberal newspaper, and the black box which is owned and controlled by the same conglomerate media. Only 3 percent of Americans read books, and most of it is fiction… We do not have a free press in America.

America has been betrayed, and yet the majority of people have no inkling of this. Continue reading

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Russian police kill seven N.Caucasus militants

(Reuters) – Police killed seven suspected militants in Russia’s volatile North Caucasus region of Kabardino-Balkaria on Thursday, Russian news agencies reported, citing law enforcement authorities.

Insurgents carry out almost daily attacks in the patchwork of small, mostly Muslim regions along the country’s southern border. But violence is less frequent in Kabardino-Balkaria than in Chechnya, Ingushetia and Dagestan further southeast.

Preliminary reports indicated that police killed seven militants, two of them women, state-run RIA news agency quoted an unidentified police official as saying.

An official in the National Anti-Terrorist Committee told Itar-Tass, also state-run, that the militants had barricaded themselves inside a private house in the provincial capital, Nalchik, and exchanged fire with law enforcement officers.

Police said that among those killed was a local militant leader. On Tuesday, security forces killed five militants in a short gun battle in Ingushetia, according to the committee.
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So in addition to Libya, Syria, Egypt, Jordan, Lebanon, Iraq, Iran, Pakistan, Afghanistan, India, Malaysia, Bangladesh, Indonesia, the Phillipines, Nigeria, Turkey, Sudan, Somalia, Yemen, Mauritania, Algeria, Tunisia, we can add Australia, England, France, Germany, and now Russia to the list of countries where radical islamists are willfully agitating to create violent revolt ‘against corrupt western influence.”  The Balkans are also on the verge of another round of civil and sectarian violence.

Continue reading

Posted in Editorial | 1 Comment

Hand and Bicycle Powered Generator

httpv://www.youtube.com/watch?v=pFu2jP21Tuo

From YouTube:

Safe and Ready Life provided me with a crank a watt to evaluate. They are a survival store in Ohio that caters to preppers. Jeremy the manager is offering 10% off this product for a few weeks. Use the code southernprepper1 when you check out. http://safeandreadylife.com/pages/Home/itemdetail/423/ The unit is made in USA by Moeller Engineering (FULL DISCLOSURE I have not received or will receive any financial compensation for this review or if you purchase one I was permitted to keep the unit which Iam very grateful for.

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Camo Deluxe Hand Crank Portable Generator

Camo Deluxe Hand Crank Portable Generator

Uses: Charging batteries (12 or 24 volts) and operating 120 volt a/c appliances. Be prepared if the power grid goes down! Charge cell phones, lap top computers, rechargable flashlights, tv’s, ham radios, Ipads, boat batteries, power drills, walkie-talkies, water pumps for wells and cisterns. Operates standard household appliances.

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Bank Of America To Fire 16,000 By Year End

Charting the sad decline of the very appropriately named bank

Curious why nearly 4 years ago to the day Ben Bernanke and Hank Paulson told Ken Lewis to purchase Merrill Lynch “or else” (but to make sure everyone gets paid their bonuses bright and early with no cuts)? It certainly had to do with the stock price and preserving the wealth of the shareholders. It had little to do with making the company viable in the long run, unfortunately, as the just announced news of a massive tsunami of 16,000 imminent terminations at the company confirms. All BofA did then was to take on dead weight at gunpoint, which it now has to shed. It also shows that despite rumors to the contrary the US economy is not getting better, the US financial system is not getting stronger, faith in capital markets is not returning (based on future staffing needs at banks), US tax revenues by the highest earners will go down, and the closed loop that is a procyclical economic move will just get worse as there are fewer service providers providing financial services, in the process taking out less consumer debt to keep the GDP “growing.” What will also happen by January 1, 2013 is that BofA will no longer be America’s largest employer, with the total headcount of 260,000 at year end being the lowest since 2008, and smaller than JPM, Citi and Wells.

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The Obamanation Flag

or

“Our Stripes” or the “Bonnie Blue”.  Time to decide what you believe and what you will defend.

David DeGerolamo

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The Trial of Hank Rearden, from Ayn Rand’s Atlas Shrugged

This is a long passage from the great novel, but it is worth giving extra time to read it carefully, and absorb Ayn Rand’s lesson:  

–The government’s hold on us is not as strong as it seems.
–The government needs our sanction/cooperation to maintain the illusion of their legitimacy.
–Withdraw your own sanction, and the powers that be are laid bare;  their power is derived through the barrel of a gun, not through any intrinsic validity of their own.

This passage should be read and re-read a couple of times a year with Francisco D’Anconia’s Money Speech.

The Trial of Hank Reardon

For a month in advance, the people who filled the courtroom had been told by the press that they would see the man who was a greedy enemy of society; but they had come to see the man who had invented Rearden Metal.

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Iran pours more troops into Syria, ready to target Israel from Syria and Lebanon

IDF Chief of Staff observes big Golan drill

IDF Chief of Staff observes big Golan drill

Iran continues to fly military personnel and quantities of weapons into Syria by civilian aircraft which cut through Iraqi airspace, American intelligence sources disclosed early Thursday, Sept. 20. UN Secretary General Ban ki-Moon also said that, “Unfortunately, both [Syrian] sides, government and opposition forces, seem to be determined to see the end by military means.”

Clearly, Iran is augmenting its military involvement in the constantly escalating Syrian civil war, broadening it into a multinational conflict which threatens to drag Lebanon in, by means of the Iranian-Syrian ally, Hizballah.
The UN Secretary General’s statement implying that the two Syrian sides are determined to fight to the bitter end is echoed in Iran’s resolve to fight to the bitter end for Assad, on Syrian soil.

Tehran is not hiding its actions. Sunday, Sept. 16, Iranian Revolutionary Guards (IRGC) Commander Gen. Ali Jafari said openly that Al Qods Brigades units were present and operational in both Syria and Lebanon.

No comment on this revelation has come from the US, Israel or Israel’s military (IDF) chiefs – notwithstanding its menacing import, namely, that Tehran is no longer hanging about and waiting for its nuclear program to be attacked in order to punish Israel, but is getting ready for a pre-emptive operation.

Still, Prime Minister Benjamin Netanyahu and Defense Minister Ehud Barak have chosen silence in the face of what any other nation would regard as a casus belli: the open deployment of enemy forces on its northern and eastern borders.
This must have been the catalyst for the IDF’s surprise two-division strength drill Wednesday on Israel’s Golan border with Syria. But the IDF spokesman sounded almost apologetic when he explained that the exercise had nothing to do with the events in Syria or with Hizballah, and that it was no more than a routine drill for testing preparedness.

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Deutsche Bank: GOLD IS MONEY

Gold and money

Is gold money?

It’s become a tireless debate: goldbugs seem to cling to the shiny yellow metal with a religious fervor not usually displayed by anyone toward other asset classes, and it’s been known to frustrate some who don’t share their views.

Gold often gets lumped in to investment forecasts with other “commodities” – real, consumable things like oil or food.

But Deutsche Bank analysts Daniel Brebner and Xiao Fu say gold is seriously misunderstood, and in a new report – wherein they update their gold target to $2000/oz sometime in the first half of 2013 – they explain that “gold is not really a commodity at all.”

The undisputable evidence for the case that gold is money, according to the Deutsche Bank analysts:

While it is included in the commodities basket it is in fact a medium of exchange and one that is officially recognised (if not publicly used as such). We see gold as an officially recognised form of money for one primary reason: it is widely held by most of the world’s larger central banks as a component of reserves.

That’s their take. But there’s more – the analysts differentiate between “good money” (gold) and “bad money” (fiat paper currency):

We would go further however, and argue that gold could be characterised as ‘good’ money as opposed to ‘bad’ money which would be represented by many of today’s fiat currencies. In describing gold as such we refer to Gresham’s Law – when a government overvalues one type of money and undervalues another, the undervalued money (good) will leave the country or disappear from circulation into hoards, while the overvalued money (bad) will flood into circulation.

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GLOBAL ECONOMY WILL BE SUCKED INTO BLACK HOLE IN OCTOBER

The latest forecast by LEAP/2020 predicts the global economy will be ‘sucked into a black hole’ by October, that the Fed’s QE∞ will be ineffective at staving off the collapse, and that all signs indicate a massive downturn (‘without modern historical equivalent‘) in the economy is ‘dead-ahead‘.

By the end of October 2012, the global economy will be sucked into a black hole against a backdrop of world geopolitics heated white-hot. Suffice it to say that the coming weeks will, according to our team, carry the planet away in a hurricane of unprecedented crises and conflicts.

THE VERY PAINFUL END OF THE US ANAESTHETIC IS AT THE CROSSROADS OF THE SEVEN KEY FACTORS OF A DOUBLE SHOCK OF THE COMING WEEKS

Because it is indeed that. As we have underlined on many occasions in the GEAB, the United States has, since the beginning of this crisis, refused to face reality (5) by having increasing recourse to financial, monetary,… (and military) subterfuge to try and mitigate the consequences of the crisis. All this however is proving to be ineffective at the end of summer 2012, in spite of the trillions of Dollars thrown down what is proving to be a bottomless hole.

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h/t Silver Doctors

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