Tuesday, August 09, 2011

STOCKS GET SMASHED YESTERDAY

Greenspan: Counterfeit Fiat Dollars to Avoid Default
Kurt Nimmo Infowars.com August 8, 2011

http://www.youtube.com/watch?v=cezbyAapazc&feature=player_embedded
http://www.youtube.com/watch?v=q6vi528gseA&feature=player_embedded

Former Federal Reserve boss Alan Greenspan said over the weekend that the United States will not default after the S&P downgraded its credit rating because it can turn to counterfeiting fiat paper money.The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default said Greenspan on NBC’s Meet the Press.Former military intelligence operative Bob Woodward wrote a book about Greenspan. It’s called Maestro.Greenspan, as Federal Reserve bankster cartel boss, orchestrated low interest rates following the contrived dot-com boom that turned the housing market into a casino and led directly to the financial situation we are now in.Ron Paul aide Jack Hunter followed up Greenspan’s comment by reminding us that Helicopter Ben Bernanke is Greenspan’s disciple and agrees with him about turning on the printing machines.Bernanke is called Helicopter Ben because he agreed with Milton Friedman about using a helicopter drop of money to fight deflation. Bernanke, the Fed, and the Keynesians are caught in a liquidity trap. No matter how much they stimulate the economy – by throwing billions of freshly printed fiat dollars at it – nothing will reverse the death spiral.The Federal Reserve specializes in death spirals and the destruction of economies. Even Bernanke has admitted that the Fed created the last Great Depression.

From now on, depressions will be scientifically created, said congressman Lindbergh in 1913 after the bankster cartel established the Federal Reserve.History tells us that unsustainable debt is a recipe for financial ruin. Common sense tells us that simply printing money out of thin air is the surest way to wreck an economy, Hunter said.In order to establish world government, consolidate wealth, hold fire sales around the world, and move us into the high-tech panopticon of feudalism, the global economy must be destroyed and the bankster elite offer their hand-picked minions as our saviors.Greenspan’s counterfeiting machine is part of that ongoing effort.

Bankers Launch Next Leg Of Planned Economic Collapse
Paul Joseph Watson & Alex Jones Infowars.com Monday, August 8, 2011


The next leg of the planned economic collapse has now been launched with the stock market once again plunging as the Federal Reserve prepares to launch QE3, and it’s all part of the transfer of wealth from America to the offshore elite that we have been warning about for years.As we highlighted over two years ago, shortly before Barack Obama declared the recession to be over and the stock market was artificially inflated once more, we warned that the next phase of the financial pillaging would bring about a sucker’s rally, with investors believing the hype about a non-existent recovery and ploughing all their money back into the system, only to see the rug pulled out from under their feet for a second time.That forecast is now coming to fruition as the Dow loses over 300 points today to add to the massive downturn last week.The effort by central banks globally to flood the system with cheap money never did anything to address the underlying problem of toxic debt and merely set the economy up for a greater implosion.But the people who warned about the consequences of artificially inflating the financial system and have been proven correct are now being blamed for its downfall.The Obama campaign, along with top Democrats, are now floating the rhetoric that Standard and Poor’s move to reduce the United States debt rating from AAA was a tea party downgrade.I believe this is, without question, the tea party downgrade, Sen. John F. Kerry, Massachusetts Democrat, said on NBC’s Meet the Press yesterday. Former senior Obama advisor David Axelrod used the exact same phrase in blaming opponents of tax hikes for the debt downgrade.However, the debt ceiling debate was nothing more than a complete distraction from the real cause of America’s economic crisis.

The so-called cuts enshrined in the debt deal aren’t even cuts.Talking points based around the notion that the Tea Party won the debt battle are a complete misnomer. All the bill does is put spending caps on already planned expenditures towards the end of a ten year period. The spending cuts are virtually non-existent, yet a further crippling $9.5 trillion will be added in debt over the next decade.The overriding purpose of the debate over the debt ceiling was to establish an unconstitutional Super Congress that as Ron Paul warns today, may turn into an early Christmas present for the well-heeled lobbyists of K Street.The real cause of the imminent double-dip recession is the U.S. government’s insistence on bailing out the too big to fail financial institutions and allowing the real economy to rot from within. But the system is now busy trying to distract people from the true culprits of this financial terrorism by blaming those who were aware of it all along.The cost of the banker bailouts in all their forms – the majority of which have enriched the coffers of foreign banks – totaled almost $24 trillion dollars – and that was at the last measurement over two years ago. That figure represents nearly double the entire U.S. deficit figure of $14.7 trillion.The Federal Reserve refuses to even disclose where most of the money went. So while the establishment itself loots $24 trillion dollars, money that could have been injected back into the real economy, those who complained about such actions are now being scapegoated as responsible for the collapse.

The global stock market plunge will precipitate what the Federal Reserve and Ben Bernanke were planning all along – QE3 – which could represent a terminal blow for the already stricken U.S. dollar. Helicopter Ben will flood the money supply with more fake greenbacks, the artificially inflated stock market will briefly rally once more, and all the suckers will plough all their money back in only to get burned again later down the line.Meanwhile, the genuine barometers of economic health – jobs, housing, the credibility of the dollar as the world reserve currency, the money supply, and food stamp usage, will continue to point to the fact that America’s decline and fall as a financial powerhouse is being deliberately engineered by a financial elite that sees the United States as the next Greece, Argentina or Ireland – a once prosperous nation that has been fattened for the kill.

Dow plunges more than 634 points after downgrade
AP By STAN CHOE - AP Business Writer | AP – AUG 8,11


NEW YORK (AP) — Fear has taken over on Wall Street.The Dow Jones industrial average fell 634.76 points Monday, the first trading day since Standard & Poor's downgraded American debt. It was the sixth-worst point decline for the Dow in the last 112 years and the worst drop since December 2008. Every stock in the S&P 500 index declined.But the S&P downgrade wasn't the only catalyst Monday. Investors worried about the slowing U.S. economy, escalating debt problems threatening Europe and the prospect that fear in the markets would reinforce itself, as it did during the financial crisis in the fall of 2008.What's rocking the market is a growth scare, said Kathleen Gaffney, co-manager of the $20 billion Loomis Sayles bond fund. The market is under a lot of stress that really has little to do with the downgrade. Instead, Gaffney said, investors are focused on worries about another recession and how Europe and the U.S. are going to work their way out of a high debt burden if economic growth remains slow.The Vix, a measure of market volatility and fear among investors, shot up 50 percent. That was its steepest rise since February 2007.Investors desperately looked for safe places to put their money and settled on U.S. government debt — even though it was the target of the downgrade Friday, when S&P removed the United States from its list of the lowest-risk countries.The price of Treasurys rose sharply, and yields, which move in the opposite direction from price, plunged. The yield on the 10-year Treasury note fell to 2.34 percent from 2.57 percent Friday. That matches its low for the year, reached last week. Before last Friday, there was widespread concern that a downgrade would push yields up and increase borrowing costs for the government, businesses and consumers.

This is largely a flight to safety, said Thomas Simons, money market economist with Jefferies & Co. The bond market is really trading off of what's going on in the stock market. Money flowed out of stocks and into Treasurys.Gold set a record. It rose $61.40 an ounce to settle at $1,713.20.Crude oil, natural gas and other commodities fell sharply on worries that a weaker global economy will mean less demand. Oil fell 6.4 percent to $81.31 per barrel, its lowest price of the year.Fear is spreading quickly through the market, said Dimitre Genov, senior portfolio manager with Artio Global Investors. It's becoming a vicious cycle and could feed into consumers reducing their demand as well.The Dow was down 5.5 percent at 10,809.85. The sharp drop extended Wall Street's almost uninterrupted decline since late July, when the Dow was flirting with 13,000. It fell below 11,000 for the first time since November.The S&P 500 fell 79.92, or 6.7 percent, to 1,119.46. The Nasdaq composite index fell 174.72, or 6.9 percent, to 2,357.69.Trading volume was the highest since September 2008 and the fourth-highest on record. A total of 9.9 billion shares traded, and about 70 stocks fell for every one that rose on the New York Stock Exchange.Stock markets in Asia began Monday's global rout. The main stock index fell almost 4 percent in South Korea and more than 2 percent in Japan. European markets opened later and fell, too, with Germany down 5 percent and France 4.7 percent.

In the U.S., stocks fell even as Moody's, another major credit rating agency, stood by its top rating of Aaa for the United States. It said it could downgrade the U.S. if it doesn't cut its deficit, but it is early to conclude that such measures will not be forthcoming.Financial markets also did not appear comforted by an afternoon statement by President Barack Obama, who said Washington needs more common sense and compromise to tame its debt.Markets will rise and fall, he said.But this is the United States of America. No matter what some agency may say, we've always been and always will be a triple-A country.S&P, in its downgrade, criticized dysfunction in the American political system. The downgrade wasn't a total surprise but came when investors were already feeling nervous about the U.S. economy and European debt, among other problems.Last week, the Dow Jones industrial average fell almost 700 points. That was its biggest weekly point loss since 2008, during the financial crisis. Counting Monday, the Dow has dropped in 10 of the last 12 trading days. It is down more than 1,900 points, or 15 percent, since July 21.The Russell 2000 index of small stocks has now lost nearly 25 percent from its most recent high on April 29. A decline of 10 percent or more is considered to be a correction. And a drop of 20 percent or more is said to be the start of a bear market.The Nasdaq and S&P 500 are both down about 18 percent since the end of April. The Dow is down 16 percent.
The last bear market for the S&P 500 ran from October 2007 until March 2009. The index lost 57 percent of its value.Despite the slide the last two and a half weeks, the S&P 500 index, at 1,119, is 7 percent higher than its close of 1,047 late last August, just before the Federal Reserve announced a program to support the economy. And the Dow's percentage drop of 5.5 didn't make the list of its 20 worst days.

S&P on Monday downgraded mortgage lenders Fannie Mae, Freddie Mac and other agencies linked to long-term U.S. debt. Fannie and Freddie own or guarantee about half of all U.S. mortgages. Their downgrade could eventually mean higher mortgage rates.Worries about weaker profits that could result from a slowing economy have slammed the financial industry since late July. As a group, financial stocks in the S&P 500 index fell 10 percent on Monday to their lowest level since July 2009.Bank of America plunged 20.3 percent, to $6.51, after AIG filed suit against the bank. The insurer alleged Bank of America sold it overvalued mortgage-backed securities. The bank denied the allegations. Its stock is down 51 percent this year, from $13.34.
Stocks in other industries whose profits are closely tied to the strength of the economy also fell sharply. Energy stocks in the S&P 500 fell 8.3 percent, for example.The smallest losses came in safer industries such as consumer staples whose profits tend to be steady, regardless of the economy. Even in a bad economy people will still buy things like toothpaste and bread.The Vix, a measure of fear among investors, is up more than 90 percent this month. The index shows how worried investors are that the S&P 500 will drop over the next 30 days. It does that by measuring prices for stock options that investors can buy to help protect their portfolios.Investors are also worried that Italy and Spain could become the next European countries to have trouble repaying their debts. Greece, Ireland and Portugal have already received bailout loans because of Europe's 21-month-old debt crisis.The fears have pushed investors to shun Spanish and Italian bonds, which have led to higher yields and in even higher borrowing costs for the two countries.The European Central Bank stepped in Monday and bought billions of euros worth of their bonds. The move helped to lower yields on Spanish and Italian bonds, at least temporarily.Seeking to avert panic spreading across financial markets, the finance ministers and central bankers of the Group of 20 industrial and developing nations issued a joint statement Monday saying they were committed to taking all necessary measures to support financial stability and growth.We will remain in close contact throughout the coming weeks and cooperate as appropriate, ready to take action to ensure financial stability and liquidity in financial markets, they said.Worries about the U.S. economic recovery have been building since the government said that economic growth was far weaker in the first half of 2011 than economists expected.

The economy grew at a 1.3 percent annual rate from April through June, below economists' expectations. It expanded at just a 0.4 percent rate in the first quarter. The first half of 2011 was the slowest since the end of the recession.Then reports showed that the manufacturing and services industries barely grew in July. Job growth was better than economists expected last month. But the 117,000 jobs created in July were still well below the 215,000 that employers added in February, March and April, on average.The Federal Reserve will meet on Tuesday, but economists don't expect much to come out of the meeting. The central bank's key interest rate is already at a record of nearly zero, where it has been since 2008.The Fed has also already said that it plans to keep rates low for an extended period. Chairman Ben Bernanke said last month that the Fed could step in to help the economy if it further weakened.Fears about a weaker U.S. economy have overshadowed the profit growth that companies have reported for the second quarter. For the 441 companies in the S&P 500 that have already reported, earnings rose 12 percent in the second quarter from a year earlier. Revenue growth has also topped 10 percent for the first time in a year.AP Business Writers Matthew Craft, David K. Randall and Daniel Wagner contributed to this report

On trading floors, fear of what tomorrow will bring
Reuters By Angela Moon and Edward Krudy | Reuters – AUG 8,11


NEW YORK (Reuters) - At the end of the worst day for U.S. stocks since December 2008, traders at Knight Capital huddled in groups, staring at their computer screens, wondering whether tomorrow would bring more pain.It's scary, it really is, said Joseph Mazzella, senior equity trader at Knight, who had been watching the market's intraday lows, hoping stocks would stem their selling.I hate it when the market closes below its low, as it sets the stocks up for a follow-through tomorrow.
The atmosphere at Knight Capital in Jersey City, one of the biggest trading venues in the United States, was tense, and grew more heated into the close.U.S. stocks plunged on Monday in the busiest session since the flash crash of May 2010. The S&P 500 lost 6.66 percent to close at 1,119.46, just a few ticks shy of the day's low -- a sign that the selling may have not exhausted itself.Selling picked up after President Barack Obama's speech regarding Standard & Poor's unprecedented downgrade on Friday of the triple-A credit rating of the United States. His words did not appear to relieve the worries investors have about the political process, which has offered few solutions to the nation's habit of spending beyond its means.William Suplee, a certified financial planner at Structured Asset Management in Paoli, Pennsylvania, said he had received several calls on Monday from worried clients.
This sell-off is uniformly blamed by my clients on the government's inability to act rationally,he said.

NO PANIC ON THE FLOOR

If there was one place where relative calm prevailed, it was on the trading floor of the New York Stock Exchange, where volume spiked and traders watched the three major U.S. stock indexes slide -- but in a seemingly orderly fashion.It was a busy day, but there was no panic on the trading floor. We had two days over the weekend to digest the S&P downgrade news and think about what we are going to do Monday morning,said Doreen Mogavero, an NYSE floor broker and the president of Mogavero, Lee & Co.After living through the flash crash of May 2010 and the horrific moments of the 2008 financial crisis, Monday's 6.66 percent drop in the S&P 500 seemed easier to digest.Some people had to cancel their weekend plans and vacation plans to be here. I would say the floor today is fully staffed. Everyone who has to be here is here.That's not to say people took the day lightly. Options trading volume spiked to 41 million contracts, a new one-day record, according to the Options Clearing Corp., a sign investors were busy protecting their portfolios.

WHEN FEAR TRUMPS GREED

Monday's decline left the S&P 500 down 17.9 percent from its 2011 closing high, reached on April 29. That put the index close to a 20 percent drop from a recent peak, which Wall Street defines as bear market territory.In a conference call with analysts, Stifel Financial CEO Ron Kruszewski said: You can make an argument that today presented a buying opportunity, but I see a lot more caution than I see risk-taking. So fear is still trumping greed at this point.Knight's trading floor, which can house nearly 400 traders, was sparsely populated due to the August holidays.But at least one senior trader cut short his long weekend to be on hand.
Mazella grew optimistic as a dive in the late afternoon was met with some buying. Another trader at Knight Capital shouted out that a boutique investment fund put in an across-the-board buy order for technology shares.We are starting to see people put money to work right now, Mazella said.It wasn't enough to hold back the wave of selling, however.The CBOE Volatility Index VIX <.VIX>, Wall Street's fear gauge, surged 50 percent to end at 48, its biggest one-day percentage gain since February 2007.Peter Costa, president of Empire Executions, who trades options, including the VIX, on the NYSE, said, It wasn't a pretty day but then again, trades were done orderly.(Reporting by Angela Moon and Edward Krudy; Additional reporting by Joseph Giannone and Lauren Young; Editing by David Gaffen and Jan Paschal)

Pressure grows for Fed to act as stocks plunge
Reuters By Pedro Nicolaci da Costa | Reuters – AUG 8,11


WASHINGTON (Reuters) - It's still a remote possibility, but one that becomes increasingly more plausible with every tick lower in plunging global stock markets.
While most analysts still expect the Federal Reserve to not make any major changes in policy at its meeting on Tuesday, some are beginning to wonder whether the market disruptions of recent sessions warrant some kind of central bank intervention.U.S. stocks extended last week's rout on Monday, with the Dow Jones industrial average tumbling down more than 5.0 percent for the day late afternoon, following Friday's historic downgrade of the U.S. AAA credit grade by ratings firm Standard & Poor's. U.S. stocks saw their biggest one day drop since December 1, 2008 during the worst of the financial crisis of that year. Bank shares were severely punished, raising fears of a new financial crisis, though the Fed said Friday night that the S&P downgrade of the government's rating would have no effect on bank capital ratio regulations.If the Fed does nothing, it could prove to be a disappointment at this point, said JP Morgan analysts on a conference call to discuss the S&P downgrade.

Many economists argue the Fed's policy toolkit is already severely depleted. Interest rates are effectively zero, and the Fed's bloated $2.9 trillion balance sheet has raised concern among conservative economists and politicians.Still, there are a few things the Fed could do to reassure markets, including to suggest that it will revise down its growth forecasts -- the first signal that it is leaning toward further policy accommodation.The central bank might also decide to begin reinvesting proceeds of maturing bonds into longer-dated Treasury maturities, putting further downward pressure on long-term borrowing costs.Despite the loss of the U.S. government's prized AAA credit rating from Standard and Poor's on Friday, a steep rally in U.S. Treasuries, on renewed fears of a global downturn, has pushed such yields to their lowest levels in two years, so it is unclear how much positive effect on the economy any move by the Fed to lower rates would have.

HOLDING FIRE ON BOND BUYS

Another move the Fed could make, but one that few expect, is another round of bond purchases. These are seen as controversial and only modestly effective, so policymakers will be reluctant to resort to them again.(It) depends on how confident the Fed is in their own forecast, said John Silvia, economist at Wells Fargo.At the moment, it was difficult to imagine that such confidence was very high. In June, the Fed forecast growth of 2.7 percent to 2.9 percent for 2011. But that was before the rate of first-half expansion was revised sharply downward, and the employment picture worsened.Adding to concerns about the financial system, the latest rescue package from the European Central Bank, aimed at putting a floor on selling of Italian and Spanish bonds, was greeted with skepticism among investors.Fed officials have noted that, while U.S. bank exposure to smaller European nations like Greece and Portugal is relatively minor, there is a certain contagion risk from their holdings of vulnerable European banks.(Reporting by Pedro Nicolaci da Costa)

DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.

JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.

REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.

EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.

REVELATION 13:16-18
16 And he(FALSE POPE) causeth all,(WORLD SOCIALISM) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(CHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM

WORLD MARKET RESULTS
http://money.cnn.com/data/world_markets/
CNBC VIDEOS
http://www.cnbc.com/id/15839263/?tabid=15839796&tabheader=false

HALF HOUR DOW RESULTS TUE AUGUST 09,2011

09:30 AM +2.43
10:00 AM +169.15
10:30 AM +196.25
11:00 AM +209.95
11:30 AM +196.70
12:00 PM +208.08
12:30 PM +228.00
01:00 PM +179.07
01:30 PM +154.41
02:00 PM +115.70
02:30 PM +69.02
03:00 PM -82.92
03:30 PM +178.77
04:00 PM +429.92 11,239.77

S&P 500 1172.53 +53.07

NASDAQ 2482.52 +124.83

GOLD 1,736.80 +23.60

OIL 80.27 -1.04

TSE 300 12,109.30 +438.30

CDNX 1711.23 +28.94

S&P/TSX/60 692.35 +25.97

MORNING,NEWS,STATS

YEAR TO DATE PERFORMANCE
Dow +138 points at 4 minutes of trading today.
Dow -10 points at low today.
Dow +239 points at high today so far.
GOLD opens at $1,738.10.OIL opens at $81.71 today.

AFTERNOON,NEWS,STATS
Dow -203 points at low today so far.
Dow +430 points at high today so far.

WRAPUP,NEWS,STATS
Dow -203 points at low today.
Dow +430 points at high today.

GOLD ALLTIME HIGH $1,782.50 (NOT AT CLOSE)

US cables give pointers for EU sanctions on Syria
08.08.11 @ 15:19 By Andrew Rettman


BRUSSELS - A fresh cache of leaked US cables has put the spotlight on four Syrian regime money-men not yet targeted by the EU's punitive measures.Asma Assad (l) at a state dinner in Paris in 2008. Her father is said by US sources to be hiding regime money.The diplomatic notes, published by WikiLeaks in recent days, date from 2006 to 2008 and discuss ways to hurt President Bashar Assad over his suspected role in the assassination of pro-Western politician Rafik Harriri in Lebanon in 2005.With EU countries currently in the process of identifying fresh names to add to their 35-strong list of people under a travel ban and asset freeze, the US dispatches point to Fawas Akhras, Morthada Dandashi, Nabil Kuzbari and Zuhair Sahloul as playing a role in regime attempts to evade international pressure.Akhras is a London-based cardiologist and the father of Assad's glamour-loving British-born wife, Asma. Contacts in the banking sector have commented on the large amount of funds that have begun to move recently through his accounts ... He is suspected of being another avenue used by Assad to stash funds abroad, a cable dated 2008 by senior US diplomat Michael Corbin says.Sahloul is dubbed the most important black-market money changer in Syria who helped to stabilise the Syrian pound during a crash in 2005. Sahloul moves Assad's money using his own network and his access to hawalis [Islamic money-transfer networks] worldwide. A Sahloul intimate bragged to us recently that Sahloul could move $10 million anywhere in the world in 24 hours, the cable adds.Kuzbari is described as a Vienna-based businessman who helps to hide money for Rami Makhlouf, the regime's main financier (Makhlouf is already on the EU sanctions list): In addition to lobbying European politicians to engage the Assad regime, Kuzbari reportedly uses his contacts in the Austrian business and banking circles to move regime assets abroad.Dandashi is a Dubai-based Syrian expatriate said in a separate cable by US diplomat Todd Holmstrom to be in a similar line of work. [Makhlouf] deposited significant sums under Dandashi's name in the Damascus branch of the Lebanese Byblos Bank,the dispatch notes.

The cable adds that Makhlouf has also opened accounts under different names in Lebanon, Greece, Turkey, and possibly Cyprus.The additional EU measures are due this week. The EU and US are meanwhile upping diplomatic pressure ahead of a United Nations Security Council meeting on Syria on Wednesday (10 August).The White House in a communique on Friday said France, Germany and the US condemn Assad's continued use of indiscriminate violence against the Syrian people after the three leaders spoke in a telephone conference.The leaked US dispatches also underline rivalries inside the ruling clique - experts, such as the International Crisis Group's Peter Harling, say that a putsch is the most likely way to see Assad go.One cable notes that intimates of various regime pillars (including the Makhloufs) approached us about post-Bashar possibilities already in 2006 before the current crisis began.

Another 2008 dispatch cites French diplomat Boris Boillon as saying that President Assad's brother, Mahir Assad, is a wild contender who in 2008 organised the murder of military chief Muhammad Sleiman: French information was that the hit was ... classic and Mafia-like with police stopping traffic in the immediate vicinity, bodyguards looking the other way, and the assailant pumping a slug into Sleiman's head.The cables add that President Assad fears Abdul Halim Khaddam, a former regime member living in exile in Lebanon with ties to Syrian securiy services.With the EU opting to leave Syrian foreign minister Walid Moallem off its sanctions list for now, the dispatches indicate that Europe should not trust any message he sends out.
[Syrian] officials at every level lie. They persist in a lie even in the face of evidence to the contrary. They are not embarrassed to be caught in a lie,a 2009 cable says.

http://www.al-rassooli.com/
http://homelandsecurityus.com/archives/5130
Israel berates EU for pro-Palestinian policies
08.08.11 @ 10:15 By Andrew Rettman


EU ambassadors in Israel have complained after aggressive criticism by the country's top security advisor Yaakov Amidror at a briefing in July. You need to speak more like [US diplomat] Hillary Clinton and less like [Russian FM] Sergey Lavrov, Amidror allegedly said, Haaretz reports.

A Tragedy in Wardak Province August 7, 2011 By Sean Osborne By Sean Osborne, Associate Director

07 August 2011: The terrible news about the loss of an Immediate Reaction Force (IRF) Chinook CH-47 helicopter was bad enough, but to learn that an entire platoon of elite war fighters from Naval Special Warfare DEVGRU were on board the IRF aircraft was what set off alarms for me regarding a possible compromise of this mission.I surmise that a separate and special enemy force was not engaged in the ongoing combat operations, but was in hiding and on stand-by with orders to strike with their weaponry only when our special operators believed they’d completed their mission and had lifted off in the lone CH-47. I would speculate that this compromise was the work of Pakistani ISI working with an asset from within the Afghan National Army Special Operations Forces Command (ANA SOC). The IRF was sent in to rescue and extract another friendly unit in direct ground combat with a superior force of enemy jihadists.Most overly simplistic mainstream media reports have it that an RPG struck the CH-47 as it departed just after midnight. The image above shows a similar Chinook taking off at night through night-vision equipment and without the very probable dust cloud that must have existed at the take off site. The night-vision equipment clearly shows the heat signature of the twin engines on the rear of the aircraft. Without night-vision equipment I doubt any Taliban or Haqqani Network terrorist could hit what he could not see with a dumb RPG. In such an operation our CH-47 would have had none of its running lights or strobes operating. It would have been, except for a dust cloud, a black hole in a black sky. Yet someone using something other than an RPG appears to have shot the Chinook down. That fact cries compromised mission loud and clear. And no organization wants revenge against DEVGRU Seals more than the Pakistani ISI since the reported snatch-and-kill of Osama Bin Laden right under their noses.

A few other facts about this mission that are notable: 22 warfighters from Naval Special Warfare (NSW) commands were on this mission, along with 8 U.S. Army and Air Force personnel, in addition to seven ANA SOC soldiers. Of the 22 U.S. Navy personnel, 17 were from the famed DEVGRU, the other five were direct support (DIRSUP) sailors. Two of the SEALs were not DEVGRU but were SEALs from a West Coast SEAL Team augmenting the DEVGRU platoon. According to the Navy Times:DevGru, based in Dam Neck, Va., is the Navy’s Tier One special mission unit that operates as part of task forces formed under the Joint Special Operations Command, Fort Bragg, N.C. It is the Navy’s equivalent to the Army’s 1st Special Forces Operational Command — Delta, or Delta Force. DevGru has four line squadrons — Blue, Gold, Red and Silver — plus a strategic reconnaissance element known as Black Squadron. Each squadron is divided into three troops. The crash wiped out an entire troop in Gold Squadron, said the NSW source. The presence of the West Coast SEALs on the mission should not come as a surprise, even though they are not part of a unit that habitually reports to JSOC, said the NSW source. We have SEALs from the West Coast augmenting Dam Neck on every deployment,the source said.The remaining U.S. military casualties were divided between a five-person regular Army aircrew and three Air Force combat controllers, said a special ops source who has been briefed on the incident. The use of a regular Army Chinook to fly a JSOC mission was atypical, the source said. Most JSOC missions involving helicopters are flown by the Army’s 160th Special Operations Aviation Regiment (Airborne). The Defense Department has not announced which unit or units the three Air Force personnel were from, but most JSOC missions of this type are supported by members of the 24th Special Tactics Squadron. The seven Afghan soldiers who died were Afghan National Army commandos from the Afghan Partnered Unit, which accompanies JSOC forces on their combat missions in Afghanistan, according to the special ops source, who has been briefed on the mission. Although there have been reports that the twin-rotor helicopter was shot down, the International Security Assistance Force in Afghanistan has not confirmed that. An initial statement about the crash states that reporting indicates that there was enemy activity in the area.It is my professional opinion, based on my own military experience, that this IMF rescue/extraction operation was fully compromised, possibly in more ways than one. In one way by a Pakistani ISI designed ambush, and by another way through improper mission planning and execution. There are undoubtedly lessons to be learned, but as it should be, we will not need to know.

Was Obama Hope & Change slogan a subliminal message for illegal aliens? - Judi McLeod Monday, August 8, 2011 CAN FREE PRESS

imageThe birth certificate games Barack Hussein Obama has long played on an unwitting American public may have taken their origin from Hope & Change astroturf messaging.Obama seems to get off on keeping his pedigree under lock and key. Obama ineligibility as an issue and the Hope & Change message coincide in real time.While millions may have understood the intent of the 2008 Hope & Change slogan to mean hope and change for Americans in general, it could have been a thinly veiled call of hope to upwards of 20 million illegal aliens squatting on American soil.Hope & Change had become a household word, preceding even Obama’s gussied-up presentation to a waiting world from the backdrop of styrofoam Greek columns at Denver’s Invesco Field, DNC convention back in August of 2008.In fact, the Barack Obama Hope poster was then so much a part of the popular culture, it was Wikipedia-described an image of Barack Obama designed by artist Shepard Fairey, which was widely described as iconic and became synonymous with the 2008 presidential campaign. It consists of a stylized stencil portrait of Obama in solid red, beige and (pastel and dark) blue, with the word progress, hope, or change below (and other things in some versions).The Hope & Change styled stencil portrait was arguably the most viewed poster of modern time. It was slapped on USA mail boxes and lampposts everywhere in the United States and versions of it found life in countries as far away as Kenya and China.The Guardian’s Laura Barton proclaimed that the image acquired the kind of instant recognition of Jim Fitzpatrick’s Che Guevara poster, and is surely set to grace T-shirts, coffee mugs and the walls of student bedrooms in the years to come.

How convenient that the poster was the overnight success of an up to then little-known streetscape artist before it was astroturfed into immortality for mass public consumption.Clever branding of a campaign slogan many believed encompassed America as a whole, with a deadly tailor-made message for the millions in the country without credentials like visas, green cards or passports required for legality.Outrage to ACORN voter fraud dominated the 2008 election campaign. How many among the 69 million who cast their votes for Obama on November 4, 2008 got the tailor-made, astroturfed message? Estimates on illegal immigration in the United States of America range from 7 to 20 million. But authorities can only count the illegal aliens they know are in the country.Obama’s then-Chief Campaign Strategist David Axelrod has long been known for his political magic.Through his AKP&D Message & Media consultancy, the campaign veteran has advised a succession of Democratic candidates since 1985, and he’s now chief strategist for Senator Barack Obama’s bid for President. But on the down low, Axelrod moonlights in the private sector. (Bloomberg Businessweek, March 2008)From the same address in Chicago’s River North neighborhood, Axelrod operates a second business, ASK Public Strategies, that discreetly plots strategy and advertising campaigns for corporate clients to tilt public opinion their way. He and his partners consider virtually everything about ASK to be top secret, from its client roster and revenue to even the number of its employees. But customers and public records confirm that it has quarterbacked campaigns for the Chicago Children’s Museum, ComEd, Cablevision, and AT&T.ASK’s predilection for operating in the shadows shows up in its work. On behalf of ComEd and Comcast, the firm helped set up front organizations that were listed as sponsors of public-issue ads. Industry insiders call such practices Astroturfing, a reference to manufacturing grassroots support. Alderman Brendan Reilly of the 42nd Ward, who has been battling the Children’s Museum’s relocation plans, describes ASK as the gold standard in Astroturf organizing. This is an emerging industry, and ASK has made a name for itself in shaping public opinion and manufacturing public support.What if Hope & Change was a message primarily astroturfed to call illegal aliens to get out and vote Obama on Election Day? Illegal aliens with no paper to prove their status would relate best to someone who got all the way to the White House without courtesy of credentials to prove who he really is. They would feel secure being governed by a president with no proven credentials.Was Obama sending a subliminal message to millions of America’s illegal aliens with his Hope & Change slogan? The message would have been loudly heard. If a U.S. President can remain in the White House without credentials, illegal aliens can remain safe as the proverbial church living under the radar.

Running on the party of REAL, By Dr. Laurie Roth
on August 7th, 2011


When we think of anyone even daring to run for the office of the U.S. President, it is easy to imagine a person who is full of ego and will try and hide their past, their words and their actions. We guess that a Presidential candidate’s view of themselves must be the size of Texas and they would do about anything to manipulate and seduce public support. The truth is that no one would even think of running if they could never have made a mistake or had their foot in their mouth from time to time. We are a nation of imperfect folks. Some of us are more real than others and some of us never learn from our mistakes. I hope and pray that I am one of those who feel called to run for President who actually wants to learn from my mistakes and be responsive to the truth, God and the people. After all, the party of REAL I am running on starts with the letter R for responsive.I have been doing a national radio show, 3 hours a day for over 10 years www.therothshow.com. I have also published hundreds of hard hitting articles that speak my mind on a ton of issues. I have gotten criticism and been called many names over the years for having opinions others don’t agree with. Honestly, I have always loved it when people would speak their mind on the issues with me….agree or disagree. That is the American way and frankly is unique in the world. Freedom of speech and media is a miracle in the world and not to be taken for granted no matter where we are on the issues of concern. Sharia law in the 57 Muslim countries doesn’t allow free speech in the media, America still does, though it has become more and more challenged. I am not afraid of you, nor do you have to be afraid of me.Recently, I was forwarded a message from someone who had recently found my show and listened in a bit. She reported much concern about one of my intros that said she’s not gay, illegal or handicapped…..but she is special,referring to me of course.

She was most concerned that this intro, sound bite to my show linked gay, illegal and handicapped folks together in the same sentence. That was not funny and insulted her and many others. She also had mentioned that ‘handicapped’ was an outdated term in the community and most these days would prefer the term disabled or physically challenged. I read through the critical email very carefully and after pondering what she had said, I realized she was right. It wasn’t funny and I had no desire ever to hurt anyone or insult anyone, but I had. I called my engineer that day and told him to shred that intro.Many of you know after the last few weeks of press releases that I am strongly considering a run for President www.laurieroth2012.com and want to be as real and responsive as possible, though leaning conservative on many issues.When I was trying to think of in your face and ‘clever’ intros to have recorded, I wrote the not gay, illegal, handicapped or from Palestine, out of years of frustration on radio and as a maverick conservative, that according to the left and most media, everyone is special except me, mainstream America. I shouldn’t have lumped everyone together, but it does seem that gay activists, illegal alien groups and those representing Palestinian issues get special attention’ while conservatives and mainstream Americans get ignored and insulted on a regular basis. Regarding me throwing in handicapped,that was a stupid move.The truth is I was disabled in part when I put this promo together. I still am. At the time I was only a year from my near fatal motorcycle wreck, my left eye saw double vision and gave me daily grief and distortion, half my face was numb, I had severe fatigue and dizziness from massive brain injuries and was teaching myself to talk clearly again every day. Talking, walking, thinking and seeing right didn’t just come to me but was fought for, every day through hours of work and therapy at home. Today, nearly 6 years later, I am myself again, have written and published tons of articles, written two books out in August 2011, and have talked on radio for 5 years every day. My left eye still doesn’t work right and often sees double, and half my face is numb. I have learned to cope and think beyond this.I apologize to those I offended with my carelessly worded radio intro. It has been flushed down the toilet. This won’t be the first time as I run that my words and actions will be called into question. I pray that I will be the responsive, honest and humble person running for President I hope with all my heart to be.If you want to find out more about my platform and needs for volunteers, go to www.laurieroth2012.com.

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