Puppet MastersS


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'US economy is just one giant hedge fund'

Wall street hedgefund
© Unknown

American lawmakers have colluded with Wall Street executives to build an economy that no longer works in the best interest of, or even needs, the majority of the American public, according to RT financial host Max Keiser.

RT: There's a lot of hype and some would say overreaction around all of this but the tell-tale sign is the markets. They haven't reacted negatively. Is there really a crisis here?

Max Keiser: I think we should take the words of Warren Buffet to heart. He basically described the Federal Reserve Bank and the American economy as one giant hedge fund. And he is absolutely correct. The way that Wall Street, Washington, and these large funds approach America is as a trade that is backed by $120,000 or $130,000 of debt and that debt gets traded around every day. And the whole initiative here is to buy hedge funds and try to squeak out profits, and they don't really care who they hurt in the process. Remember America is run by what I call financial jihadists who are basically suicide bankers. Warren Buffett, of course, is one of these suicide bankers and America, from the outside of course, looks like they're trying to commit financial suicide. But that's what a financial jihadist does, or a suicide banker. They blow themselves up for their cause and in this case it's market fundamentalism, a belief in the profit - not the prophet.

RT: But other tell-tale signs of the economy improving are there, Max. Are we to believe the economic indicators which suggest the US economy is on the up?

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Countdown: How long do we have before seeing hyperinflation? One expert's answer may frighten you

David Buckner hyperinflation
© The BlazeTVDavid Buckner, founder and CEO of Bottom Line Training and Consulting
David Buckner, the founder and CEO of Bottom Line Training and Consulting, an adjunct professor at Columbia University, and the author of Permission to Think, explained on the Glenn Beck Program Wednesday why America hasn't yet seen hyperinflation - but why it could be just around the corner.

Buckner said that in discussing hyperinflation, people often refer to the Weimar Republic, Zimbabwe, and Bolivia, but say "it could never happen here" because a "certain kind of layering has to occur" that America hasn't seen.

That layering, he said, or the "recipe" for hyperinflation, is:
1) Economic Implosion

2) Collapse in tax revenues

3) Raise taxes

4) Lenders unwilling

5) Austerity or print
Beck seemed shocked by the list, saying all five have occurred.

Hardhat

Amid shutdown's impact, test-driving Obamacare in Oregon

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© THOMAS PATTERSON/NYTProgrammers work at Oregon's new health insurance exchange offices outside Portland, Ore., Sept. 26, 2013. Officials are warning that despite fevered efforts, their new online markets where people can shop for health plans will not be fully operational at first.
Thanks to the health-care law that brought much of the U.S. government to a grinding halt this week, Alex Parkinson is no longer uninsurable.

The Portland, Ore. resident and chief technical officer at a local start-up had previously tried to buy health insurance but was denied coverage because he has Crohn's disease, a pre-existing condition that effectively forced him to join the ranks of America's roughly 48 million uninsured residents.

"They make you fill out a form and it includes questions about your medical history," Mr. Parkinson said. "That's just how it goes."

But since the Patient Protection and Affordable Care Act - dubbed Obamacare - came into effect this week, pre-existing conditions can no longer be used to deny health-insurance coverage. The change represents part of a profound overhaul of the U.S. health-care system, long criticized as one of the least cost-efficient in the developed world. It has also become one of the most contentious issues in modern American politics, so unpalatable to its opponents that the Republican-controlled Congress this week opted not to agree on a new budget - effectively shutting down the federal government - unless the new health-care law is significantly changed, postponed or repealed altogether.

Stormtrooper

Are U.S. soldiers really this dumb?

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A U.S. soldier takes issue with a "false and cowardly article spreading foolish nonsense" that I wrote a few years ago.

I call him a soldier because he describes himself in these terms: "I have been on 3 deployments, am a Reservist, been on Active duty before."

The unnamed article of mine he describes as: "Your 2009 article on Christian Man Why they should NOT join the military."

His comments are in a word, dumb; and in two words, really dumb.

Yet, the soldier's comments surprised me. Most of the time that I receive dumb, rambling, grammatically challenged comments like his it is not from someone in the military. In spite of all the negative things I write about the military, most of the e-mails I receive from veterans and active-duty military personnel are favorable to my anti-war, anti-empire viewpoint. And especially from those men who were drafted and/or duped into going to Vietnam. It is usually armchair warriors, red-state fascists, warvangelicals, reich-wing nationalists, bloodthirsty conservatives, war-crazed Republicans, and God and country Christian bumpkins who have never been in the military themselves that write me the dumb, rambling, grammatically challenged e-mails, many of which are rambling, a number of which are filthy, many of which are incoherent, some of which are vile, and a few of which threaten to do me bodily harm. This soldier who just wrote to me is an embarrassment to everyone in the military. If these are the kind of people that are supposedly defending our freedoms, then we are in trouble.

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Best of the Web: Capitol car chase and shooting happens the same day as major First Responder drill in DC area

Washington DC was temporarily placed on police lockdown following a bizarre incident where a woman was said to have rammed a security barricade near the White House. After ramming the security barricade the woman who had a young child with her was pursued by several Capitol Police cruisers and brutally shot to death by the cops. The incident resulted in an immediate police lockdown of the area with a bunch of government goons roaming around the area with weapons.

The corporate media even jumped over the story providing continuous coverage while presenting the incident as a possible terror attack. Although additional details are bound to come out shedding more light on this situation, new reports have revealed that the woman was unarmed. This raises serious questions about the actions of the Capitol Police not to mention the blatant media sensationalism surrounding this event.


What this shows more than anything is that America has gone completely insane. This was unquestionably a convenient excuse for the government to show off a large scale militarized police presence. If a militarized police lockdown is required to counter the threat of a single unarmed woman with a baby ramming a barricade, than it is obvious these people will be totally screwed if they are faced with a real threat.

Vader

Government looking for witches will find them

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© AP PHOTO/GOOGLE, CONNIE ZHOUDenise Harwood diagnoses an overheated computer processor at Googles data center in The Dalles, Ore. Google uses these data centers to store email, photos, video, calendar entries and other information shared by its users.
While the nation's political class has been fixated on a potential government shutdown in Washington this week, the NSA has continued to spy on all Americans and by its ambiguity and shrewd silence seems to be acknowledging slowly that the scope of its spying is truly breathtaking.

The Obama administration is of the view that the NSA can spy on anyone anywhere. The president believes that federal statutes enable the secret FISA court to authorize the NSA to capture any information it desires about any persons without identifying the persons and without a showing of probable cause of criminal behavior on the part of the persons to be spied upon. This is the same mindset that the British government had with respect to the colonists. It, too, believed that British law permitted a judge in secret in Britain to issue general warrants to be executed in the colonies at the whim of British agents.

General warrants do not state the name of the place to be searched or the person or thing to be seized, and they do not have the necessity of individualized probable cause as their linchpin. They simply authorize the bearer to search wherever he wishes for whatever he wants. General warrants were universally condemned by colonial leaders across the ideological spectrum - from those as radical as Sam Adams to those as establishment as George Washington, and from those as individualistic as Thomas Jefferson to those as big-government as Alexander Hamilton. We know from the literature of the times that the whole purpose of the Fourth Amendment - with its requirements of individualized probable cause and specifically identifying the target - is to prohibit general warrants.

And yet, the FISA court has been issuing general warrants and the NSA executing them since at least 2004.

Bad Guys

Obamacare is another private sector rip-off of Americans

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The private sector allied with government is a second IRS

The government of the "world's only superpower," the "exceptional," the "indispensable" country, claims to know what is best for Syria, Iraq, Afghanistan, Libya, Yemen, Pakistan, Somalia, Mali, Russia, Venezuela, Bolivia, Ecuador, Brazil, China, indeed for the entire world. However, the "indispensable" country cannot even govern itself, much less the world over which the "superpower" desires hegemony. The government of the "world's only superpower" has shut itself down.

The government has shut itself down, because it cannot deal with the budget deficit and mounting public debt caused by twelve years of wars, by financial deregulation that allows "banks too big to fail" to loot the taxpayers, and by the loss of jobs, GDP, and tax base that jobs offshoring forced by Wall Street caused.

The Republicans are using the fight over the limit on new public debt to block Obamacare. The Republicans are right to oppose Obamacare, but they are opposing Obamacare largely for ideological reasons when there are very good sound reasons to oppose Obamacare.

Last February 3, I posted on this website a column, "Obamacare: A Deception," written by an expert on the subject.

USA

Bush and the JFK hit

Part 1: Mr George Bush of the Central Intelligence Agency

Bush senior
What possible connection could there have been between George H.W. Bush and the assassination of John F. Kennedy? Or between the C.I.A. and the assassination? Or between Bush and the C.I.A.? For some people, apparently, making such connections was as dangerous as letting one live wire touch another. Here, in anticipation of the 50th anniversary of the JFK assassination in November, is the first part of a ten-part series of excerpts from WhoWhatWhy editor Russ Baker's bestseller,
Family of Secrets: The Bush Dynasty, America's Invisible Government and the Hidden History of the Last Fifty Years. The story is a real-life thriller.

Note: Although these excerpts do not contain footnotes, the book itself is heavily footnoted and exhaustively sourced. (The excerpts in Part 1 come from Chapter 2 of the book, and the titles and subtitles have been changed for this publication.)

Poppy's Secret

When Joseph McBride came upon the document about George H. W. Bush's double life, he was not looking for it. It was 1985, and McBride, a former Daily Variety writer, was in the library of California State University San Bernardino, researching a book about the movie director Frank Capra. Like many good reporters, McBride took off on a "slight," if time-consuming, tangent - spending day after day poring over reels of microfilmed documents related to the FBI and the JFK assassination. McBride had been a volunteer on Kennedy's campaign, and since 1963 had been intrigued by the unanswered questions surrounding that most singular of American tragedies.

Bizarro Earth

The United States feared no more

While the General Assembly was discussing the implementation of the Millennium Development Goals (MDGs), it is another matter altogether that concerned the diplomats: are the United States still the superpower they have claimed to be since the demise of the Soviet Union or has the time come to break free of their tutelage?
Obama before United Nations
In 1991, the United States had considered that the end of their rival had freed their military budget and allowed them to develop their prosperity. President George H. Bush (the father) had, after Operation Desert Storm, begun to reduce the size of the armed forces. His successor, Bill Clinton, reinforced this trend. However, the Republican Congress elected in 1995 questioned this choice and imposed rearmament without an enemy to fight. The neo-conservatives launched their country into world assault mode to create the first global empire.

It was only on the occasion of the attacks of September 11th, 2001 that President George W. Bush (the son) decided to invade successively Afghanistan and Iraq, Libya and Syria and Somalia and Sudan and to end with Iran before turning to China.

X

Coup or shutdown: The Tea Party marches on, the public be damned

Tea Party Express
© Unknown

What is the Tea Party and where did it come from? Was it a grass roots movement nurtured in the bowels of deep dissatisfaction in the American electorate with "big government" and its inexorable turn towards Socialism?

Hate to disappoint folks who buy the populist revolt theory. Anyone remember the mad rant of Rick Santelli, a fixture on the pro-business channel CNBC who actually called for a Tea Party by millionaires in Chicago to protest against any relief for homeowners who were on the verge of being foreclosed upon.

It was this loudmouth who used his bully pulpit on the floor of the Chicago Board of Trade to make the original call.

The idea resonated with the armies of the resentful who always feel l that the government should not help those in need - characterizing them as people living in bigger houses than they can afford and unfairly demanding a bailout from tax payers.

Rick and the traders cheering for him apparently never heard about or cared about predatory lending and bank practices that have since led to massive fines and paybacks for years of mortgage scams.

No, to righteous "rebels" like Rick and Co, it was the people who were to blame and who deserve the tongue-lashing and class hatred that flowed out of his mouth against "the losers" backed by the media mouths of his minions.

They call themselves traders, but traitors might be used as well.

When Santelli got some attention from his fellow ideologues, the Republican right seized the idea.