Obama and old globalist banker criminal adviser Volcker discuss with the controlled media their 'plans' on March 13, 2009.
$30 Billion For Israel's Military
U.S. President Barack Obama will not cut the billions of dollars in military aid promised to Israel, a senior U.S. administration official said Wednesday. The $30 billion in aid promised to Israel over the next decade will not be harmed by the world financial crisis, the official told Israel Radio. He spoke on condition of anonymity.
The U.S. military aid to Israel was increased in a decade-long deal agreed to by Bush in 2007. OTOH, U.S. will pay close to $1 billion for rebuilding the wreckage in Gaza mostly caused by armaments paid for by the U.S.! To add insult to injury, there is a condition on that money:
Clinton: Some $900 million pledged by the United States to the Palestinians will be withdrawn if the expected Palestinian Authority coalition government between Fatah and Hamas does not recognize Israel's right to exist, Western and Israeli diplomats said Wednesday.
Last Updated 3/13/09
At least 24 people were killed today when four missiles fired from US drones hit a residential building in Barjo, Kurram Agency. Local officials characterized the building as a "militant hideout" and said it had been completely destroyed.
One security official said that those killed were "mainly Afghan Taliban," and that the facility was run "by local Taliban commander Fazal Saeed and training was underway at the time of the strike." Militants cordoned off the area and have been retrieving bodies from the rubble. Officials say no "high-value" targets were believed to be among those killed
It was the second major US attack on the Kurram Agency in less than a month: in mid-February an attack killed 31 people including an alleged commander named Bahram Khan Kochi. The Obama Administration was reported earlier this week to be planning a dramatic escalation of the number and intensity of the US strikes into Pakistan.
Neverending war financed by fiat money.What keeps Gen. David H. Petraeus awake at night?
"The turmoil in Pakistan," he told an audience in East Hartford on Friday night.
Then he continued, geographically.
Afghanistan: "Vice President Biden had it exactly right when he said it's going to get harder before it gets easier," he said.
President Barack Obama is expected to re-focus on Afghanistan, and Petraeus said it will require more troops, more civilian efforts, more funding and a new kind of effort.
"We are constructing, not reconstructing," he said of Afghanistan.
The 2008 National Defense Strategy approved by then (and now) SoD Robert Gates concludes that "success" in Afghanistan is "crucial to "winning the 'Long War' against violent extremist movements" but it alone "will not bring victory."more - Ron Fullwood
Using Mexico to help usher in the NAU.
KNX News radio station a subsidiary of Columbia Broadcasting System (CBS) reported this week that most of the guns that land in the hands of the drug cartel allegedly came from the black market in the United States . Ironically, most of the drugs that enter the United States from Mexico , have been funneled to the Mexican drug lords through rendition flights from Columbia (cocaine) and Afghanistan (opium) to Mexico , then, rerouted to the US through the Mexican drug lords. Per example, On September 24, 2007, a Florida based Gulfstream II jet aircraft, number N987SA, crashed in the Yucatan . As it turns out, not only was the plane used on at least three CIA rendition flights from Europe and the United States to the Guantánamo torture chamber, but it was loaded with tons of cocaine when it went down. El Nuevo Herald reported that the CIA plane was loaded up with 3.3 tons of coke in Medellín, Colombia, and was used to ferry “hundreds of delinquents,” including alleged members of the Taliban, to Cuba for water boarding and other specialties. . (You can also see video of crash on youtube, http://www.youtube.com/watch?v=oszATUJ4IRE)
Historically, most of the illegal activities especially in drugs and human trafficking, originate in the poorer and the less developed areas of the world, then, moves across borders to rich, developed country markets. In order for this process to take place, criminal organizations are fostered, subsidized, and protected by high level government officials, in order to launder money throughout the international banking systems and to increase the global cash flow. The IMF has reported in 2003, that 1.5 trillion US dollars a year is laundered through banks, where 500 to 600 billion dollars of that money is from drug trade and the aggregate size of money laundering in the world could be somewhere between 2 to 5 percent of the world’s GDP. It has also been a well known and documented fact in the press and in congressional records that the US intelligence agencies have dealt and circulated drugs in the US and abroad for many years.
So, is there a connection between our global policies and the destabilization of Mexico?
It would make sense to assume that Mexico is going to become a national security risk for the United States , which in turn will justify our Samaritan military aid and intervention to help the Mexican government contain the Mexican drug cartel. Therefore, Mexico will become a safer place for transnational corporations like Chevron and Exxon-Mobil. In addition, this process will pave the way for the security and prosperity partnership to unravel, as well as the privatization of Mexico ’s oil and natural resources and their takeover by the global corporations. As a result, a massive transfer of wealth and power to the new North American Union Government will unfold.
Is the American public aware and in agreement with the SPP?
Are we going to witness more conflict within our borders due to economic woes, or contrived attacks, which in return will solidify further the iron hand of our new democratic-socialist government?
Are we going to witness another major economic collapse like the prospective commercial real estate disaster that will cause major reverberations in the stock market, will induce further impoverishment of the population, and will lead to more bailouts leading to higher inflation, new currency, and poorer standard of living?
Are we heading toward civil unrest incited by the economic woes that will lead to the balkanization of America ?
Or, are we simply going to be led like sheep to the slaughter house where we will give up our freedom to satisfy our primal needs like food, shelter, and safety, then, become totally impoverished, micro-chipped, and controlled, and finally be forced into accepting the new global order?
As long as we have the Federal Reserve in control of the criminal activities they call monetary policies, it doesn't matter much who is president.
Now, in most parts of the country, a TARP is used to cover unneeded things, usually a pile of stuff nobody wants, far in the back yard. This is essentially the plan articulated by Bernanke and Geithner: Buy the bad assets, invest more capital in the zombie banks, and hope asset prices eventually recover. This is not a plan to do anything but buy time and extend losses. The scary part is that nobody else in the Obama White House seems to know enough about finance to argue the point.
Below is our best guess as to the identity of the 19 or so banks that are part of the stress test process. We hear in the community that these 19 domestic financials are the de facto "Too Big Too Fail" banks, which of course means that all other banks are not part of the group. We should probably add American International Group (NYSE:AIG) and the Depository Trust and Clearing Corp, which owns a Fed member bank, to the TBTF list.
The Bernanke/Geithner approach to not dealing with the financial crisis amounts to a hideous public subsidy of the global transactional class, a transfer of wealth from American taxpayers to the institutional investors who hold the bonds and derivative obligations tied to the zombie banks, AIG and the GSEs. All of these companies will require continuing cash subsidies if they are not resolved in bankruptcy.
Bottom line: The policy decision articulated this week by Bernanke and Geithner represents the largest transfer of wealth in American history, yet no legislation and been passed and no meaningful debate has occurred. The biggest danger facing the markets is that Ben and Tim still do not seem to have a clue what to do about the big banks -- other than to write more checks against the public trust. The conflict over this decision to pass the cost to the taxpayer, between the Fed, Treasury and the Congress, on the one hand, and the Wall Street dealer banks is staggering, yet nothing is said in the Big Media.
more - Chris Whalen