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Bad Guys

Best of the Web: Why we must oppose Obamney for President in 2012

obamney
© unknown
There is a dangerous person running for President in 2012, and his name is Baritt Obamney. I normally try not to attack specific candidates for political office, but Baritt Obamney is so offensive to American sensibilities that I had to share this warning with my fellow Americans. In 2012, we must vote against Obamney for President.

And why? Because here is what Obamney believes in, based on his actions and voting record:

- Big, bigger and even BIGGER government! The bigger the government, the better.

- GMOs: Obamney is a huge supporter of Monsanto and the biotech industry that produces genetically modified seeds. He wants all Americans to eat foods laced with pesticides grown by the crops themselves! This is all part of the mass poisoning plan to keep America sick and incapable of resisting tyranny.

Eye 1

Spying on Americans: 64 Drone Bases on US Soil (and counting)

We like to think of the drone war as something far away, fought in the deserts of Yemen or the mountains of Afghanistan. But we now know it's closer than we thought. There are 64 drone bases on American soil. That includes 12 locations housing Predator and Reaper unmanned aerial vehicles, which can be armed.

Public Intelligence, a non-profit that advocates for free access to information, released a map of military UAV activities in the United States on Tuesday. Assembled from military sources - especially this little-known presentation (.pdf) - it is arguably the most comprehensive map so far of the spread of the Pentagon's unmanned fleet. What exact missions are performed at those locations, however, is not clear. Some bases might be used as remote cockpits to control the robotic aircraft overseas, some for drone pilot training. Others may also serve as imagery analysis depots.
US drone deployment
© US Department of Defense
The medium-size Shadow is used in 22 bases, the smaller Raven in 20 and the miniature Wasp in 11. California and Texas lead the pack, with 10 and six sites, respectively, and there are also 22 planned locations for future bases. "It is very likely that there are more domestic drone activities not included in the map, but it is designed to provide an approximate overview of the widespread nature of Department of Defense activities throughout the US," Michael Haynes from Public Intelligence tells Danger Room.

Arrow Up

Spanish Cost of Borrowing Soars After Rate Cut

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© Paul White/APChancellor Angela Merkel of Germany is seen on a screen at the stock exchange in Madrid on Thursday.
European leaders were facing increasing pressure on Thursday to respond to the euro crisis, as Spanish 10-year bond yields hit the 7 percent level that has served to trigger full international bailouts of other euro zone members, and Italian borrowing costs rose sharply at a debt auction.

Spain's borrowing costs soared after Moody's Investors Service downgraded the country's bond rating late Wednesday, with the yield on the 10-year bond touching 7 percent for the first time in the euro era. In Rome, the national Treasury sold 4.5 billion euros, or $5.6 billion, of debt, including three-year bonds maturing priced to yield 5.30 percent, up from the 3.91 percent it paid to move similar securities last month.

Higher borrowing costs threaten the $125 billion "bailout lite" Madrid worked out with European officials to recapitalize its banking sector, as that deal was contingent on Spain being able to continue tapping the bond market for its regular financing needs. For both Spain and Italy, rising yields endanger hopes that the countries will be able to overcome their problems without full bailouts, because high interest rates make refinancing unsustainably expensive.

Arrow Down

Nightmare unfolding: Bottom falls out of Spain's housing market- prices decline by lowest level on record

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© Unknown
Spanish house prices fell at the sharpest pace since current records began in the first quarter, data showed on Thursday, deepening a property market slump and serving up more bad news for the country's battered banks.

Prices dropped 12.6 percent year on year, national statistics institute INE said. The fall was the biggest since the data series began in 2007, easily beating the previous trough of 7.7 percent in the second quarter of 2009.

Spain's banks were left high and dry after a housing boom collapsed four years ago, saddled with billions of euros in bad debts related to the property sector, while sky-high unemployment has driven a sharp climb in unpaid loan rates.

The government said last weekend it will borrow up to 100 billion euros from Europe to help recapitalize the lenders, though many economists believe the aid will not be enough to avert a full sovereign bailout.

Airplane

175 Million Dollar Drone Crashes In Maryland


Star of David

You know it's an election year when... Barack Obama honors Israeli president with Medal of Freedom

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US President Barack Obama awards Israeli President Shimon Peres the Presidential Medal of Freedom during a dinner ceremony in Washington, June 13, 2012.
US President Barack Obama has awarded the Presidential Medal of Freedom to Israeli President Shimon Peres, the man who has overseen the killing of Palestinian women and children by Israeli forces in the occupied territories for decades.

Obama awarded the 88-year-old Israeli president the highest civilian honor in the United States during a dinner ceremony in the White House on Wednesday.

"No individual has done so much over so many years to build our alliance... as the leader we honor tonight -- our friend, Shimon Peres," Obama said during the event, which also hosted former US President Bill Clinton.

Obama also stated that the "bonds" between the United States and Israel are "unbreakable" and "non-negotiable."

The Israeli president has been honored by Obama a few months ahead of the US presidential election of November 2012.

Chess

Plain talk: "Arab Spring benefited only Israel"

In an exclusive interview with RT, Lebanese Interior Minister Marwan Charbel said that the Arab Spring has borne no fruit for any of the affected countries, so the ongoing process should rather be called the 'Israeli Spring', since no country now poses a threat to Israel. Furthermore, external forces seek to divide and weaken all the countries surrounding Israel in order to ensure her security.


Dollar

Food Stamp Subsidies for Junk Food Makers, Big Box Retailers, and Banks?

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© treehugger.com
As 2012 Farm Bill debate rages in Congress, a new report demands SNAP program transparency

Are food stamps lining the pockets of the nation's wealthiest corporations instead of closing the hunger gap in the United States? Why does Walmart benefit from more than $200 million in annual food stamp purchases in Oklahoma alone? Why does one bank, J.P. Morgan Chase, hold exclusive contracts in 24 states to administer public benefits?

These are a few of the questions explored in a new report called: "Food Stamps, Follow the Money: Are Corporations Profiting from Hungry Americans?" from Michele Simon, president of Eat Drink Politics, a watchdog consulting group. This first-of-its kind investigation details how the food stamp program - originally designed to help farmers and those in need - lines the pockets of junk food makers, food retailers, and banks.

Right now, Congress is debating the farm bill, including significant cuts to the Supplemental Nutrition Assistance Program (or SNAP, formerly known as food stamps). Much attention has focused on how agricultural subsidies fuel our cheap, unhealthy food supply. In reality, the largest and most overlooked taxpayer subsidy to the food industry is SNAP, which comprised two-thirds of the farm bill budget in 2008.

Vader

NATO preparing vast disinformation campaign against Syria

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Member States of NATO and the GCC are preparing a coup d'état and a sectarian genocide in Syria. If you want to prevent these crimes, you should act now: circulate this article on the Internet and alert your elected officials.

In a few days, perhaps as early as Friday, June 15, at noon, the Syrians wanting to watch their national TV stations will see them replaced on their screens by TV programs created by the CIA. Studio-shot images will show massacres that are blamed on the Syrian Government, people demonstrating, ministers and generals resigning from their posts, President Al-Assad fleeing, the rebels gathering in the big city centers, and a new government installing itself in the presidential palace.

This operation of disinformation, directly managed from Washington by Ben Rhodes, the US deputy national security adviser for strategic communication, aims at demoralizing the Syrians in order to pave the way for a coup d'etat. NATO, discontent about the double veto of Russia and China, will thus succeed in conquering Syria without attacking the country illegally. Whichever judgment you might have formed on the actual events in Syria, a coup d'etat will end all hopes of democratization.

Comment: There's the fantasy based on lies they create for you... and there's the reality:




Dollar

Corporate boards that love ex-politicians

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© Guille3691
The appointment of former politicians to large public companies' boards of directors is regularly called into question.

Just recently, following the scandal at Chesapeake Energy (NYSE: CHK) when CEO Aubrey McClendon made investments in drilling projects in which the company was involved, the issue was in the limelight again. Chesapeake, based in Oklahoma, has two powerful politicians on its board - former member of the Senate from Oklahoma, Don Nickles, and former Oklahoma Gov. Frank Keating. The company's board members used the firm's private planes for travel - a perk most governance experts frown upon. Perhaps the more salient question is why the two have stayed on the board under the current circumstances. It is equally reasonable to ask why politicians, with their backgrounds unrelated to running big companies, were even appointed to the board.

Many other politicians sit on the boards of America's largest public companies, and some aspects of their services raise troubling questions. Some are successful lobbyists because of their Washington connections. These firms could work for causes or companies that do not have identical interests to those of the corporations of the boards on which they sit. There are questions about the past ethical behavior of others among these board members. In most cases, the former politicians have no obvious backgrounds that qualify them to be on public companies' boards. A final problem is that some have done very well financially because they sit on several boards - another practice many corporate governance experts oppose.

Comment: While slightly off subject, in the following video there's a list of those coming from corporations and integrating into government to serve companies.