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SOTT Focus: Signs Economic Commentary for 20 February 2006

Gold closed at 555.20 dollars an ounce on Friday, up 0.2% from 554.20 for the week. The dollar closed at 0.8375 euros Friday, down 0.3% from 0.8401 at the end of the previous week. That puts the euro at 1.1940 dollars, compared to 1.1904 the Friday before. Gold in euros would be 464.99 euros an ounce, down 0.1% from 465.56 the week before. Oil closed at 59.88 dollars a barrel, down 3.3% from $61.84 for the week. Oil in euros would be 50.15 euros a barrel, down 3.6% from 51.95 the week before. The gold/oil ratio closed at 9.27 up 3.5% from 8.96 at the end of the previous week. In the U.S. stock market, the Dow closed at 11,115.32, up 1.8% from 10,919.05 the Friday before. The NASDAQ closed at 2,282.36, up 0.9% from 2,261.88 the week before. The yield on the ten-year U.S. Treasury note closed at 4.54 down four basis points from 4.58 last Friday. There was much optimism about the U.S. economy from mainstream analysts last week, buoyed by rising stocks and falling oil prices (down 3.3%) and, for a while, falling gold prices (gold actually ended up a bit). The hope is that fresh quarterly earnings reports from major retailers this week will keep the U.S. stock market rising:

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SOTT Focus: SOTT Podcast: The Media Part 2

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In this week's podcast we discuss what we have identified as the very first problem that must be solved in order for positive changes to be undertaken in America and elsewhere in the world: the Media. Knowledge is power. Those who control information can control the masses - it's that simple. As we researched the subject of the media, we came across The Protocols of the Learned Elders of Zion. As everyone knows, this is a vicious anti-Semitic hoax. We agree. We do not for a minute think that this represents Judaism or ordinary Jewish people. What was shocking for us was our realization that the Protocols is being implemented almost line by line by many of the members of the Bush Administration and the various government 'think-tanks' that formulate their policy. In other words, the Protocols is not a hoax because it is nonsense, but rather it is only a hoax because it was attributed to Jews. (Part 2 of 2)

Running Time: 00:38:19

Download: MP3


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SOTT Focus: SOTT Podcast: The Media Part 1

SOTT Podcast Logo
In this week's podcast we discuss what we have identified as the very first problem that must be solved in order for positive changes to be undertaken in America and elsewhere in the world: the Media. Knowledge is power. Those who control information can control the masses - it's that simple. As we researched the subject of the media, we came across The Protocols of the Learned Elders of Zion. As everyone knows, this is a vicious anti-Semitic hoax. We agree. We do not for a minute think that this represents Judaism or ordinary Jewish people. What was shocking for us was our realization that the Protocols is being implemented almost line by line by many of the members of the Bush Administration and the various government 'think-tanks' that formulate their policy. In other words, the Protocols is not a hoax because it is nonsense, but rather it is only a hoax because it was attributed to Jews. (Part 1 of 2)

Running Time: 00:38:19

Download: MP3


Eagle

Empire uber alles: Nigeria oil 'total war' warning

A Nigerian militant commander in the oil-rich southern Niger Delta has told the BBC his group is declaring "total war" on all foreign oil interests.

The Movement for the Emancipation of the Niger Delta has given oil companies and their employees until midnight on Friday night to leave the region.

It recently blew up two oil pipelines, held four foreign oil workers hostage and sabotaged two major oilfields.

The group wants greater control of the oil wealth produced on their land.

Bomb

SOTT Focus: 7862 Iraqi Prisoners Murdered In U.S. Custody

Two days ago, online magazine Salon.com announcedd that they had obtained files and other electronic documents from an internal Army investigation into the Abu Ghraib prisoner-abuse scandal.

The files, from the Army's Criminal Investigation Command contained a total of 1,325 new images of suspected detainee abuse, 93 video files of suspected detainee abuse, 660 images of adult pornography, 546 images of suspected dead Iraqi detainees, 29 images of soldiers in simulated sexual acts, 20 images of a soldier with a Swastika drawn between his eyes, 37 images of Military Working dogs being used in abuse of detainees and 125 images of questionable acts. Based on time signatures of the digital cameras used, all the photographs and videos were taken between Oct. 18, 2003, and Dec. 30, 2003. Some of the images can be seen here.

Over a period of about 10 weeks in 2003 then, the US military and members of the CIA, acting on the orders of the Pentagon and undoubtedly with the knowledge of members of the US government, tortured 546 Iraqi prisoners to death in Abu Ghraib prison in Baghdad.

X

Smoking banned in DC, but not in Congress

Washington - When the citywide smoking ban takes effect here next month, at least one workplace in town will be spared: Congress, the beneficiary of a kind of diplomatic immunity for federal lawmakers.

That is excellent news for John A. Boehner of Ohio, the new Republican majority leader, who regularly smokes cigarettes between votes in the House. And for Barney Frank, the Massachusetts Democrat, who sits and smokes cigars while reading the newspaper in the speaker's lobby. And for Sherwood Boehlert, the New York Republican, who is struggling to quit but can be seen inhaling in weaker moments during the workday.

Because while the rest of the country has turned against smoking with great zeal, Congress has stubbornly — some would say proudly — refused to bend.

Comment: In what is perhaps yet another indication that certain senior political leaders know more than they are letting on regarding the fate awaiting the rest of the world, Congress has exempted itself from the citywide DC smoking ban recently enacted.

Thanks to Signs Forum Member, John, for this one!


Bomb

SOTT Focus: The British Government: Long-Time Sponsor of Islamic Terror

You want the news behind the news? You want to know just how far from reality the official truth is? Consider the following story from today's UK Guardian:

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SOTT Focus: Blair's Anti-Terrorism Law - Throttling The Truth

The race between Tony Blair and George Bush (and their NeoCon backers) to become the first modern Western "Democracy" to transform itself into a de facto dictatorship is heating up. Last night, Tony Blair put in a sterling performance to this end by "promising" (read threatening) that British Police will act on the new "glorifying terrorism" law which, having been rejected by his own Labour MPs and the House of Lords in January, has now been all but passed into law.

Bomb

Americans think Iran may use nukes

A USA Today-CNN-Gallup Poll says Americans not only think Iran will develop nuclear weapons but also use them against the United States.

The poll done over the last weekend also says Americans fear the Bush administration will be "too quick" to order military action against Iran, USA Today reported Tuesday.

Comment: The poll shows that the manipûlation of he US public is proceeding apace, that their better instincts are being drowned out by disinfo and propaganda. Look at the figures reported about opinion on the famous cartoon manipulation. 6 out of 10 recognise the newpapers acted irresponsibly, but then they turn around and blame Muslim intolerance for the furor, which was the whole point of the operation: to portray the Muslims as fanatical crazies.

How many Muslim rmies are occupying Western countries?


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Bush Admin Spent Over $1.6 Billion on Ads and PR Contracts Since 2003

"No amount of money will successfully sell the Bush Administration's failed policies, from the war in Iraq, to its disastrous energy policy, to its confusing Medicare prescription drug benefits," said House Democratic Leader Pelosi. "The American people know the Bush Administration is on the wrong track and the White House PR machine won't change that fact."