The Fed’s European Rescue: Another back-door US Bank / Goldman bailout? Nomi Prins Infowars.com December 1, 2011
http://www.infowars.com/the-feds-european-rescue-another-back-door-us-bank-goldman-bailout/
In the wake of chopping its Central Bank swap rates today, the Fed has been called a bunch of names: a hero for slugging the big bailout bat in the ninth inning, and a villain for printing money to help Europe at the expense of the US. Neither depiction is right.The Fed is merely continuing its unfettered brand of bailout-economics, promoted with heightened intensity recently by President Obama and Treasury Secretary, Tim Geithner in the wake of Germany not playing bailout-ball. Recall, a couple years ago, it was a uniquely American brand of BIG bailouts that the Fed adopted in creating $7.7 trillion of bank subsidies that ran the gamut from back-door AIG bailouts (some of which went to US / some to European banks that deal with those same US banks), to the purchasing of mortgage-backed–securities, to near zero-rate loans (for banks).Similarly, today’s move was also about protecting US banks from losses – self inflicted by dangerous derivatives-chain trades, again with each other, and with European banks.Before getting into the timing of the Fed’s god-father actions, let’s discuss its two kinds of swaps (jargon alert – a swap is a trade between two parties for some time period – you swap me a sweater for a hat because I’m cold, when I’m warmer, we’ll swap back). The Fed had both of these kinds of swaps set up and ready-to-go in the form of : dollar liquidity swap lines and foreign currency liquidity swap lines. Both are administered through Wall Street’s staunchest ally, and Tim Geithner’s old stomping ground, the New York Fed.
The dollar swap lines give foreign central banks the ability to borrow dollars against their currency, use them for whatever they want – like to shore up bets made by European banks that went wrong, and at a later date, return them. A temporary dollar liquidity swap arrangement with 14 foreign central banks was available between December 12, 2007 (several months before Bear Stearn’s collapse and 9 months before the Lehman Brothers’ bankruptcy that scared Goldman Sachs and Morgan Stanley into getting the Fed’s instant permission to become bank holding companies, and thus gain access to any Feds subsidies.)Those dollar-swap lines ended on February 1, 2010. BUT – three months later, they were back on, but this time the FOMC re-authorized dollar liquidity swap lines with only 5 central banks through January 2011. BUT – on December 21, 2010 – the FOMC extended the lines through August 1, 2011. THEN– on June 29th, 2011, these lines were extended through August 1, 2012. AND NOW – though already available, they were announced with save-the-day fanfare as if they were just considered.Then, there are the sneakily-dubbed foreign currency liquidity swap lines, which, as per the Fed’s own words, provide foreign currency-denominated liquidity to US banks.(Italics mine.) In other words, let US banks play with foreign bonds.These were originally used with 4 foreign banks on April, 2009 and expired on February 1, 2010. Until they were resurrected today, November 30, 2011, with foreign currency swap arrangements between the Fed, Bank of Canada, Bank of England, Bank of Japan. Swiss National Bank and the European Central Bank.They are to remain in place until February 1, 2013, longer than the original time period for which they were available during phase one of the global bank-led meltdown, the US phase. (For those following my work, we are in phase two of four, the European phase.)That’s a lot of jargon, but keep these two things in mind: 1) these lines, by the Fed’s own words, are to provide help to US banks. and 2) they are open ended.
There are other reasons that have been thrown up as to why the Fed acted now – like, a European bank was about to fail. But, that rumor was around in the summer and nothing happened. Also, dozens of European banks have been downgraded, and several failed stress tests. Nothing. The Fed didn’t step in when it was just Greece –or Ireland - or when there were rampant contagion fears, and Italian bonds started trading above 7%, rising unabated despite the trick of former Goldman Sachs International advisor Mario Monti replacing former Prime Minister, Silvio Berlusconi’s with his promises of fiscally conservative actions (read: austerity measures) to come.Perhaps at that point, Goldman thought they had it all under control, but Germany’s bailout-resistence was still a thorn, which is why its bonds got hammered in the last auction, proving that big Finance will get what it wants, no matter how dirty it needs to play. Nothing from the Fed, except a small increase in funding to the IMF.Rating agency, Moody’s announced it was looking at possibly downgrading 87 European banks. Still the Fed waited with open lines. And then, S&P downgraded the US banks again, including Goldman ,making their own financing costs more expensive and the funding of their seismic derivatives positions more tenuous. The Fed found the right moment. Bingo.Now, consider this: the top four US banks (JPM Chase, Citibank, Bank of America and Goldman Sachs) control nearly 95% of the US derivatives market, which has grown by 20% since last year to $235 trillion. That figure is a third of all global derivatives of $707 trillion (up from $601 trillion in December, 2010 and $583 trillion mid-year 2010. )
Breaking that down: JPM Chase holds 11% of the world’s derivative exposure, Citibank, Bank of America, and Goldman comprise about 7% each. But, Goldman has something the others don’t – a lot fewer assets beneath its derivatives stockpile. It has 537 times as many (from 440 times last year) derivatives as assets. Think of a 537 story skyscraper on a one story see-saw. Goldman has $88 billon in assets, and $48 trillion in notional derivatives exposure. This is by FAR the highest ratio of derivatives to assets of any so-called bank backed by a government. The next highest ratio belongs to Citibank with $1.2 trillion in assets and $56 trillion in derivative exposure, or 46 to 1. JPM Chase’s ratio is 44 to 1. Bank of America’s ratio is 36 to 1.Separately Goldman happened to have lost a lot of money in Foreign Exchange derivative positions last quarter. (See Table 7.) Goldman’s loss was about equal to the total gains of the other banks, indicative of some very contrarian trade going on. In addition, Goldman has the most credit risk with respect to the capital it holds, by a factor of 3 or 4 to 1 relative to the other big banks. So did the Fed’s timing have something to do with its star bank? We don’t really know for sure.Sadly, until there’s another FED audit, or FOIA request, we’re not going to know which banks are the beneficiaries of the Fed’s most recent international largesse either, nor will we know what their specific exposures are to each other, or to various European banks, or which trades are going super-badly.But we do know from the US bailouts in phase one of the global meltdown, that providing liquidity or greasing the wheels of banks in times of emergency does absolute nothing for the Main Street Economy. Not in the US. And not in Europe. It also doesn’t fix anything, it just funds bad trades with impunity.Nomi Prins article first appeared on her blog.
Turns out the Government Sachs conspiracy theorists were right all along Madison Ruppert Infowars.com December 2, 2011
In a shocking article published in Reuters, Felix Salmon confirmed what the so-called conspiracy theorists have said all along: former Secretary of the U.S. Treasury Hank Paulson was giving insider tips to his cronies at Goldman Sachs and other Wall Street titans which directly benefited them.The article is entitled, Hank Paulson’s inside jobs, emphasizing the fact that this wasn’t some one-off lapse of ethics on Paulson’s part, but instead a disturbingly regular practice.For those who are unaware, Paulson was the CEO and chairman at Goldman Sachs from 1999-2006 and he clearly provided them with actionable information that epitomizes the plague upon our economy, and the greater global economic system, that is crony capitalism.
However, this isn’t quite a brand new revelation given the fact that in October of 2009 Andrew Ross Sorkin exposed that Paulson met with the entire Goldman Sachs board in a hotel suite in Moscow at the end of June 2008.Salmon covered this at the time, after Sorkin’s book was released, which detailed the meeting held after the Goldman Sachs boys had dinner with Mikhail Gorbachev.At the time the Treasury chief of staff Jim Wilkinson told Goldman Sachs chief of staff John Rogers, Let’s keep this quiet, indicating that despite the fact that the Treasury’s general counsel Bob Hoyt claimed it wouldn’t run afoul of the ethics guidelines, they were well aware that wasn’t the case.Hoyt said that it was acceptable so long as it was solely a social event, but unsurprisingly, Paulson didn’t record the so-called social event in his official calendar.It is undeniable that these individuals knew very well what they were doing, and clearly they had no misgivings whatsoever.During the Moscow meeting Paulson spoke of the need for the government to have the power to wind down troubled firms, offering a preview of his upcoming speech, according to Sorkin.
This wasn’t just a friend going over a speech with some old pals, as everyone knows the words of the Treasury Secretary heavily affect global markets almost instantly, just like speeches by the likes of Ben Shalom Bernanke, the Chairman of the Board of Governors of the private Federal Reserve.Getting this kind of information ahead of time is critical, and through Sorkin’s writing it is clear that Paulson enlightened them as to the situation with Lehman Brothers, giving Goldman Sachs an unfair advantage over those who didn’t happen to have someone on the inside.Paulson spoke of the possibility that Lehman Brothers very well might collapse, along with giving the Goldman Sachs board other insights into how he was viewing the economic climate and what was to come.As Salmon points out, Maybe it’s not so surprising that Goldman Sachs turned out to be so well positioned when Lehman did indeed [blow up] a few months later.This egregious breach of ethics is a perfect example of the corporatism that pervades Wall Street and has brought us to the brink of collapse where we are precariously perched today.Paulson’s Moscow meeting with Goldman Sachs wasn’t an isolated incident as just a few weeks later on July 28th, 2008, Paulson met with what Salmon characterizes as a who’s who of the hedge-fund world in the Eton Park Capital Management headquarters.Unsurprisingly, Eton Park Capital Management was created by Eric Mindich, formerly of Goldman Sachs as well.In a Bloomberg article published yesterday, Richard Teitelbaum details the meeting between roughly a dozen hedge-fund managers and Wall Street executives, including no less than five former colleagues of Paulson’s from Goldman Sachs.Others in attendance were Stephen Mandel of Pine Capital LLC, Dinakar Singh of TPG-Axon Capital Management LP and Daniel Och of Och-Ziff Capital Management Group LLC.During the meeting Paulson, went on to describe a possible scenario for placing Fannie and Freddie into conservatorship — a government seizure designed to allow the firms to continue operations despite heavy losses in the mortgage markets.Teitelbaum writes, The fund manager says he was shocked that Paulson would furnish such specific information — to his mind, leaving little doubt that the Treasury Department would carry out the plan. The managers attending the meeting were thus given a choice opportunity to trade on that information.
While he points out that law professors say that Paulson himself broke no law by disclosing what amounted to inside information, it is hardly arguable that it is ethically acceptable for the Secretary of the Treasury to furnish information to certain people which would give them an advantage over everyone else.As Salmon points out, Given that it’s taken two years since the release of Sorkin’s book for the Eton Park meeting to be made public, it’s fair to assume that there were other meetings, too — possibly many others.Indeed it is impossible to know how much trading of insider information occurs amongst the financial elite, as we only get a glimpse when sources choose to disclose this information toreporters like Teitelbaum and Sorkin.It is quite unfortunate that this is such a rare occurrence, especially when we look at how the ultra-rich continue to profit at record rates while the rest of us struggle to pay the bills.Surely these meetings did not occur only a couple of times, given the tight connection that Goldman Sachs – or more accurately, as is now painfully clear – Government Sachs enjoys with Washington.Salmon sums up this issue in pointing out that the so-called conspiracy theorists have been right all along.
Salmon writes, Paulson was giving inside tips to Wall Street in general, and to Goldman types in particular: exactly the kind of behavior that Government Sachs conspiracy theorists have been speculating about for years. Turns out, they were right.Now if only the derisive label of conspiracy theorist would be lifted from these issues when it is far from a conspiracy theory and is indeed a conspiracy fact.
I won’t be holding my breath, because so long as governments criminally conspire with multinational corporations and others, the label of conspiracy will be denigrated in order to keep people from discussing and investigating these facts and issues.
TEPCO Again Underplays Severity of Situation at Fukushima Kurt Nimmo Infowars.com December 1, 2011
The Tokyo Electric Power Co. (TEPCO) is once again trying to mislead the public on the severity of the situation at the crippled Fukushima nuclear plant in Japan.
photoA worker enters Fukushima reactor containment vessel number 4 in August.On November 30, TEPCO reported fuel at the No. 1 reactor may have eroded part of the primary containment vessel’s thick concrete floor and has seeped deeper into the floor more than previously thought, according to the Associated Press.Another computer simulation by the government-funded Japan Nuclear Energy Safety Organization said the erosion of the concrete could be worse than TEPCO’s projection. It said the possibility of structural damage to the reactor’s foundation needs to be studied.On November 17, the architect of Fukushima Daiichi Reactor 3, Uehara Haruo, warned that a China Syndrome situation is inevitable at the plant. Haruo said that considering eight months have passed since the tsunami and the crippling of the nuclear plant without any improvement in the condition of the reactors, it is likely melted fuel has escaped the container vessel and is now burning through the earth.Prior to this, on September 20, Hiroaki Koide, assistant professor at Kyoto University’s Research Reactor Institute, estimated that material from the nuclear fuel rods may be twelve meters deep underground at reactors one and three, far worse than the results of TEPCO’s simulation. Haruo said debris is spreading in Pacific Ocean.
In September, scientists from the Japanese government’s Meteorological Research Institute and the Central Research Institute of the Electric Power Industry announced the findings of a study at a meeting of the Geochemical Society of Japan. They said that some of the cesium release from Fukushima will flow into the Indian Ocean and eventually reach the Atlantic Ocean.According to Haruo, if the melted fuel reaches an underground water source, it will result in the contamination of water, soil and the sea. More catastrophic, underground super-heated water will ultimately create a massive hydrovolcanic explosion that will eject more radiation into the atmosphere.Back in July, before the latest developments, Dr. Tatsuhiko Kodama of the Radioisotope Center at the University of Tokyo told the Japanese Diet the amount of radiation emitted from the plant was 29.6 times more than the amount of radiation from the bomb dropped on Hiroshima. Kodama announces the findings of his study in the following video.TEPCO’s latest public relations effort to underplay the severity of the ongoing crisis at the plant once again reveals that there will be no serious effort to address the grave situation that may soon get much worse if Haruo’s prediction of a hydrovolcanic explosion occurs.The Japanese government is also actively working to sweep the disaster under the rug. Its Ministry of Health, Labor and Welfare recently eliminated Fukushima data from a patient survey it conducts every three years, according to the Fukushima Diary. According to the survey, leukemia cases have increased sevenfold over the last year, the highest rate since 1978 when the ministry first began collecting data.
http://www.youtube.com/watch?feature=player_embedded&v=hFLipZWlpOs
Have You Heard About The 16 Trillion Dollar Bailout The Federal Reserve Handed To The Too Big To Fails? Economic Collapse Blog Friday, December 2, 2011
What you are about to read should absolutely astound you. During the last financial crisis, the Federal Reserve secretly conducted the biggest bailout in the history of the world, and the Fed fought in court for several years to keep it a secret.Do you remember the TARP bailout? The American people were absolutely outraged that the federal government spent 700 billion dollars bailing out the too big to fail banks. Well, that bailout was pocket change compared to what the Federal Reserve did. As you will see documented below, the Federal Reserve actually handed more than 16 trillion dollars in nearly interest-free money to the too big to fail banks between 2007 and 2010. So have you heard about this on the nightly news? Probably not. Lately Bloomberg has been reporting on some of this, but even they are not giving people the whole picture. The American people need to be told about this 16 trillion dollar bailout, because it is a perfect example of why the Federal Reserve needs to be shut down. The Federal Reserve has been actively picking winners and losers in the financial system, and it turns out that the friends of the Fed always get bailed out and always end up among the winners. This is not how a free market system is supposed to work.According to the limited GAO audit of the Federal Reserve that was mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act, the grand total of all the secret bailouts conducted by the Federal Reserve during the last financial crisis comes to a whopping $16.1 trillion.That is an astonishing amount of money.Keep in mind that the GDP of the United States for the entire year of 2010 was only 14.58 trillion dollars.The total U.S. national debt is only a bit above 15 trillion dollars right now.So 16 trillion dollars is an almost inconceivable amount of money.But some other dollar figures have been thrown around lately regarding these secret Federal Reserve bailouts. Let’s take a look at them and see what they mean.
$1.2 Trillion
A recent Bloomberg article made the following statement….The $1.2 trillion peak on Dec. 5, 2008 — the combined outstanding balance under the seven programs tallied by Bloomberg — was almost three times the size of the U.S. federal budget deficit that year and more than the total earnings of all federally insured banks in the U.S. for the decade through 2010, according to data compiled by Bloomberg.The $1.2 trillion figure represents the peak outstanding balance on these loans, not the total amount of all the loans. On December 5, 2008 the too big to fail banks owed this much money to the Federal Reserve. Many of them could not pay these short-term loans back right away and had to keep rolling them over time after time. Each time a short-term loan got rolled over that represented a new loan.
$7.7 Trillion
Bloomberg is reporting that the Federal Reserve had made a total of $7.77 trillion in financial commitments to the big banks by the end of March 2009….Add up guarantees and lending limits, and the Fed had committed $7.77 trillion as of March 2009 to rescuing the financial system, more than half the value of everything produced in the U.S. that year.But as mentioned above, a one-time limited GAO audit of the Federal Reserve that was mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act covered an even broader time period and revealed even more bailout loans.According to the GAO audit, $16.1 trillion in secret loans were made by the Federal Reserve between December 1, 2007 and July 21, 2010. The following list of firms and the amount of money that they received was taken directly frompage 131 of the GAO audit report….
Citigroup – $2.513 trillion
Morgan Stanley – $2.041 trillion
Merrill Lynch – $1.949 trillion
Bank of America – $1.344 trillion
Barclays PLC – $868 billion
Bear Sterns – $853 billion
Goldman Sachs – $814 billion
Royal Bank of Scotland – $541 billion
JP Morgan Chase – $391 billion
Deutsche Bank – $354 billion
UBS – $287 billion
Credit Suisse – $262 billion
Lehman Brothers – $183 billion
Bank of Scotland – $181 billion
BNP Paribas – $175 billion
Wells Fargo – $159 billion
Dexia – $159 billion
Wachovia – $142 billion
Dresdner Bank – $135 billion
Societe Generale – $124 billion
All Other Borrowers – $2.639 trillion
This report was made available to all the members of Congress, but most of them have been totally silent about it. One of the only members of Congress that has said something has been U.S. Senator Bernie Sanders.The following is an excerpt from a statement about this audit that was takenfrom the official website of Senator Sanders….As a result of this audit, we now know that the Federal Reserve provided more than $16 trillion in total financial assistance to some of the largest financial institutions and corporations in the United States and throughout the world.So where is everyone else? Why aren’t leading Republicans and leading Democrats crying bloody murder over this report? This scandal should have been front page news for months when it was revealed.But it wasn’t.And Guess what? Not only did the Federal Reserve give 16.1 trillion dollars in nearly interest-free loans to the too big to fail banks, the Fed also paid them over 600 million dollars to help run the emergency lending program. According to the GAO, the Federal Reserve shelled out an astounding $659.4 million in fees to the very financial institutions which caused the financial crisis in the first place.In addition, it turns out that trillions of dollars of this bailout money actually went overseas. According to the GAO audit, approximately $3.08 trillion went to foreign banks in Europe and in Asia.So why were our dollars being used to bail out foreign banks while tens of millions of American families were deeply suffering? That is a very good question.Also, it is important to remember that many of these bailout loans were made at below market interest rates, and this enabled many of these financial institutions to rake in huge profits.
According to a recent Bloomberg article, the big banks brought in an estimated $13 billion by taking advantage of the Fed’s below-market rates….While the Fed’s last-resort lending programs generally charge above-market interest rates to deter routine borrowing, that practice sometimes flipped during the crisis. On Oct. 20, 2008, for example, the central bank agreed to make $113.3 billion of 28-day loans through its Term Auction Facility at a rate of 1.1 percent, according to a press release at the time.The rate was less than a third of the 3.8 percent that banks were charging each other to make one-month loans on that day. Bank of America and Wachovia Corp. each got $15 billion of the 1.1 percent TAF loans, followed by Royal Bank of Scotland’s RBS Citizens NA unit with $10 billion, Fed data show.So once the financial crisis was over, were adjustments made to the financial system to make sure that this type of thing would never happen again? Of course not.Today, the too big to fail banks are larger than ever. The total assets of the six largest U.S. banks increased by 39 percent between September 30, 2006 and September 30, 2011.
So now they are more too big to fail than ever.But this is what happens when we allow unelected central bank bureaucrats to run our financial system.Most Americans do not realize this, but the truth is that the Federal Reserve is not part of the government. In fact, it is about as federal as Federal Express is. The Federal Reserve has admitted that they are a privately owned institution in court many times, and you can see video of a Federal Reserve employee admitting that the Federal Reserve is privately owned right here.The Federal Reserve is an out of control monster that is throwing around trillions of dollars whenever it wants to. Nobody should be allowed to do this. Nobody should be allowed to give bailouts to banks and corporations without the express permission of the U.S. Congress and the president of the United States.
This is a point that I made in my article yesterday. The Federal Reserve decided this week that it is going to provide liquidity support to Europe. If the American people do not like this move, that is just too bad. We do not get a say in the matter.Are you starting to understand why I keep pushing the idea that it is time toshut down the Federal Reserve? Please share this information about the secret 16 trillion dollar Federal Reserve bailout with your family and your friends.If we can get enough people to wake up, perhaps there is still time to change the direction that this country is headed.
Senate bill 1867 would allow U.S. military to detain and murder anti-government protesters Mike Adams Natural News Friday, December 2, 2011
(NaturalNews) I don’t know if you’re all getting this through your heads yet, but Senate Bill 1867 –the National Defense Authorization Act– would openly legalize the U.S. government’s detainment and murder of OWS protesters and the assassination of talk show hosts, bloggers, journalists and anyone who holds a so-called anti-government point of view. This is the open and blatant declaration of war against any who do not going along with TSA thugs reaching down your pants, the Goldman Sachs economic takeover of nations, the secret arrest and torture of American citizens, and other acts of outright tyranny waged by an out-of-control government.Those who have been burying their heads in the sand over the coming police state need to wake up and face the music. That U.S. Senators would knowingly and willfully attempt to pass a bill thatlegalizesthe indefinite detainment, torture and killing of American citizens with no due process whatsoever — and on American soil! — is nothing less than a traitorous betrayal of the once-free American people. These are, our founding fathers would have said,acts of waragainst the People. They reveal the insidious plan to put in place a legal framework to end the Bill of Rights, murder protesters, and overrun America with total police state brutality.And yet the sheeple are still asleeple.I grow weary of trying to warn the American people to wake up and see what is now right in front of their eyes, so for those who want to read these words themselves — right in the Senate bill — you can read it at: http://thomas.loc.gov/cgi-bin/query…
And YES, it has now been confirmed that the indefinite detainment and murder provisions do apply to American citizens on the streets of American cities. As Sen. Lindsey Graham explained in plain language on the Senate floor: …1031, the statement of authority to detain, does apply to American citizens and it designates the world as the battlefield, including the homeland.That means America, for those of you who are still wondering what homeland means. It’s a phrase borrowed from Nazi Germany, of course, which is the source of much of this legislation as you might have noticed.
The power is so broad that even U.S. citizens could be swept up by the military and the military could be used far from any battlefield, even within the United States itself,says the ACLU (http://www.aclu.org/blog/national-s…).
Homefront: The U.S. government’s war against the People
If this bill passes and is signed into law, it would mean that America’s war machine could then be turned against the American people – liberal, conservative, libertarian… it doesn’t matter. If you question the government, you are suddenly an “enemy combatant” and they will cite this law as the legal justification for putting a bullet in your head, fire-bombing your little protest group, or literally running over you and your buddies with tanks. (And they won’t stop like China did in Tiananmen Square when that one brave citizen stood up against tyranny there in 1989.) (http://www.youtube.com/watch?v=6inW…)The premeditate murder of U.S. protesters (Occupy Wall Street, anyone?) is now being codified into law as the government’s right. Of course, your rights to Free Speech, due process, owning a firearm and other rights are being obliterated in the process. Only the government has rights now, didn’t you know? Theslavesof the nation (i.e. the citizens) are being stripped of all rights, including the right to grow your own food, have a picnic or even buy fresh dairy products from a farmer.
Governments routinely murder far more people than terrorists
Right now, every history teacher in America should be absolutely outraged about all this, as they know what always comes next in the history of nations. Once any government legalizes the murder of its own citizens, it is inevitably followed by a mass-murder holocaust-style event.Tyrants, you see, always like to legalize their mass murder before they pull the trigger. Just read the history of Stalin, Hitler, Pol Pot, Mao and others. In every case, they worked diligently to put into place a legal framework for the mass murder that was about to be unleashes on their own citizens. That legal framework looks strikingly similar to Senate Bill 1867, which is about to be passed.This also brings to mind the mathematical reality that, statistically speaking, governments are orders of magnitude more deadly than terrorists. While terrorists sometimes success in taking out a fewthousandpeople at a time, governments routinely murder tens of MILLIONS of people.It’s called GENOCIDE, and there’s a long and well-documented history of how governments have committed genocide year after year, one nation after another:
http://en.wikipedia.org/wiki/Genoci…
See more statistics at:
http://www.scaruffi.com/politics/di…
So if the People of America had any courage at all, they would be running the People’s road blocks and searching government vehicles for weapons! It is the government agents, after all, who are statistically at the highest risk of engaging in mass murder, and very soon the U.S. Senate looks likely to effectivelylegalize that mass murder.At the airports, We the People should be searching the TSA employees and checking them for illegal drugs, child pornography and stolen electronics. At government buildings, We the People should be searching all the government employees who come and go to make sure they don’t stage the demolition of their own buildings as a way to blame whatever convenient enemy they want to discredit — patriots, conservatives, conspiracy theorists or what have you.It’s no longer a conspiracy theory, you see, that the government wants to have the legal right to openly murder U.S. citizens right on the streets of America. It’s written right into the Senate bill. It’s public record. So all those out there still clinging to their pathetic denialist conspiracy theorists rants can now clamp shut their pie holes and throw themselves off a cliff or something. It’s time to face the reality of the total police state tyranny that’s now written in black and white, plain as day.All of you who are still obsessed with your narrow world view of fashion, dancing with the stars, microwaveable processed food and fake mainstream news are about to be rocked out of your easy chairs and dumped into the cesspool of tyranny at your doorstep. Just know that when they come for you, there will be nobody left to speak for you, because you remained silent as all this was rolled out. And I won’t be there for you, either, because I’ll be holed up in Texas, handing out emergency food supplies to the local churches and performing emergency medicine procedures on those protesters wounded by U.S. government military attacks — the ones that are still alive, anyway.
You think none of this is coming? Why would the U.S. Senate write this into law if they didn’t intend on using it to murder Americans? Maybe you need to clear the cobwebs out of your head and open your eyes to what’s really happening right now in the U.S. Senate.Read between the lines, folks. It’s not that difficult to get the full picture here. The very idea that the U.S. Senate is evenconsideringsuch a law to legalize the detainment and murder of U.S. citizens on U.S. soil by U.S. troops is, all by itself, a complete and utter crime against the American people.The U.S. Senate is about to declare WAR on the American people. And I don’t mean that metaphorically. They are trying to make this a military war where anyone who opposes the U.S. government — even if they have nothing at all to do with terrorism — is now a fair game target for precision bombings, assassinations and heavy military armor (i.e. tanks rolling down your driveway).Some good news: Congressman Dennis Kucinich has publicly spoken out against the bill (even though he’s not in the Senate). So has Sen. Rand Paul. His father, Ron Paul, has also stated his opposition to the illegal detainment provision of the bill. There are hints that if the bill passes, President Obama may veto it. If he did, that would be one of the most profound freedom-protecting actions of his administration, but don’t hold your breath on that count. You never know what these politicians will do when they think they have the power to murder their own citizens — they’re drunk with power, after all, and they love to rule over the masses with a kind of devilish insanity. Remember: Obama already has a kill list of Americans to be murdered overseas, but this new Senate Bill 1867 would legalize that right on U.S. soil.
So one day you call in to talk radio and express your discontent with the President, let’s say, and the next day a U.S. marine scout sniper sets up his .338 sniper rifle a couple hundred yards from your house, waits for you to sit down to watch Anderson Cooper vomit out the evening’s news propaganda, and then he pulls the trigger and blows your neck off, causing your head to land smack dab in that bowl of Kraft Macaroni and Cheese you were just trying to shovel down your threat because someone told you it was food. This will all be LEGAL under the new Senate bill 1867 because they will claim you were a terrorist collaborator who questioned the wisdom of the executive leadership of America. Once due process is stripped away,anythingcan be justified by the government, including the open murder of its own citizens.This is the whole point of a nation of LAW. The laws describe specific legal rights afforded to citizens, but most importantly they describe the LIMITS of power of government. It is those limits that the government is now trying to completely obliterate, turning America into a complete military dictatorship / fascist nation where laws are only applied to the People, not to the government itself. These are practically the exact words recently uttered by Newt Gingrich during a recent debate, in which he said due process and the Bill of Rights should only apply to people who engage in common criminal acts such as stealing or robbing people. But no such rights or due process privileges should exist when there is a war going on, Gingrich insisted! And the U.S. Senate is about to declare the entire USA “homeland” to be a battlefield of a never-ending war, get it? Are you grokking all this yet? These tyrants are about to declare the entire USA a battlefield where NO ONE has any due process, no Bill of Rights, no protections under any law, nothing! And if Gingrich becomes President — oh my God please don’t let this happen — then we are looking at the runaway militarization of everything in America, including a huge ramping up of the so-called war on drugs which we’ve already exposed as a total failure and a complete hoax (http://www.naturalnews.com/034289_A…).If this bill passes and is signed into law by the President, the USA is officially at war with its own People, and you can expect the government will immediately begin staging false flag bombings so they can justify a multi-year campaign of total genocide against all who refuse to cower down to the (now admitted) anti-freedom tyrants in Washington.We are on the verge of losing America, my friends. I ask: What the hell are YOU going to do about it?
Indefinite Detention Bill Passes Senate 93-7 -Americans completely stripped of all rights under Section 1031 Paul Joseph Watson Infowars.com Friday, December 2, 2011
The Senate last night codified into law the power of the U.S. military to indefinitely detain an American citizen with no charge, no trial and no oversight whatsoever with the passage of S. 1867, the National Defense Authorization Act.
Detention.One amendment that would have specifically blocked the measures from being used against U.S. citizens was voted down and the final bill was passed 93-7.
Another amendment introduced by Senate Intelligence Committee Chairman Dianne Feinstein that attempted to bar the provision from being used on American soil, an effort to ensure the military won’t be roaming our streets looking for suspected terrorists, also failed, although Feinstein voted in favor of the bill anyway.
Feinstein was able to include a largely symbolic amendment which states that nothing in the bill changes current law relating to the detention of U.S. citizens and legal aliens, but this measure is meaningless according to Republican Congressman Justin Amash, a fierce critic of the bill.Some have asserted that Sen. Feinstein’s amendment, S Amdt 1456, protects the rights of American citizens and preserves constitutional due process. Unfortunately, it does not. It’s just more cleverly worded nonsense,Amash wrote on his Facebook page.Though the White House has threatened to veto the bill, the fact that Obama administration lawyers yesterday reaffirmed their backing for state sponsored assassination of U.S. citizens would suggest otherwise. Not voting for the bill, or in other words upholding the oath to protect the Constitution, has been described over and over again as political suicide.The bill puts military detention authority on steroids and makes it permanent, American citizens and others are at greater risk of being locked away by the military without charge or trial, said Christopher Anders, senior legislative counsel for the American Civil Liberties Union.As Spencer Ackerman highlights, the bill completely violates the sixth amendment in that it allows American citizens to be locked up indefinitely, including in a foreign detention center, without any burden of proof whatsoever. An American merely has to be declared a terrorist and they can be abducted off the streets and never seen again.The detention mandate to use indefinite military detention in terrorism cases isn’t limited to foreigners. It’s confusing, because two different sections of the bill seem to contradict each other, but in the judgment of the University of Texas’ Robert Chesney — a nonpartisan authority on military detention — U.S. citizens are included in the grant of detention authority, writes Ackerman.
I WRITE NEWS ABOUT AND PUT NEWS ARTICLES ABOUT ISRAEL AND JERUSALEM PERTAINING TO BIBLE PROPHESY HAPPENINGS.JOEL 3:20 But Judah (ISRAEL) shall dwell for ever, and Jerusalem from generation to generation.(THATS ISRAEL-JERUSALEM WILL NEVER BE DESTROYED AGAIN)-WE CHRISTIANS ARE ALL WAITING PATIENTLY FOR THE PRE-TRIBULATION RAPTURE TO OCCUR.SO WE CAN GO TO JESUS AND GET OUR NEVER DYING BODIES.SO WE CAN RULE OVER CITIES OURSELVES.WHILE JESUS RULES FROM DAVIDS THRONE FOREVER IN JERUSALEM.
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Saturday, December 03, 2011
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