Fiscal Ruin of the Western World Beckons !
- Yes, people! Let’s listen to all these Keynesian idiots: Spend, spend, spend… run up massive deficits that will never be repaid. After all: Why worry about tomorrow when you may not survive today! The green shoots are appearing. Yeah! They will shoot you in the ass and laugh hysterically at your stupidity. Ambrose Evans-Pritchard opines :
For a glimpse of what awaits Britain, Europe, and America as budget deficits spiral to war-time levels, look at what is happening to the Irish welfare state.
Events have already forced Premier Brian Cowen to carry out the harshest assault yet seen on the public services of a modern Western state. He has passed two emergency budgets to stop the deficit soaring to 15pc of GDP. They have not been enough. The expert An Bord Snip report said last week that Dublin must cut deeper, or risk a disastrous debt compound trap.
A further 17,000 state jobs must go (equal to 1.25m in the US), though unemployment is already 12pc and heading for 16pc next year.
Education must be cut 8pc. Scores of rural schools must close, and 6,900 teachers must go….Nobody is spared. Social welfare payments must be cut 5pc, child benefit by 20pc. The Garda (police), already smarting from a 7pc pay cut, may have to buy their own uniforms. Hospital visits could cost £107 a day, etc, etc….
No doubt Ireland has been the victim of a savagely tight monetary policy – given its specific needs. But the deeper truth is that Britain, Spain, France, Germany, Italy, the US, and Japan are in varying states of fiscal ruin, and those tipping into demographic decline (unlike young Ireland) have an underlying cancer that is even more deadly. The West cannot support its gold-plated state structures from an aging workforce and depleted tax base.
As the International Monetary Fund made clear last week, Britain is lucky that markets have not yet imposed a “penalty interest” on British Gilts, given the trajectory of UK national debt – now vaulting towards 100pc of GDP – and the scandalous refusal of this Government to map out any path back to solvency.
“The UK has been getting the benefit of the doubt, both in the Government bond market and also the foreign exchange market. This benefit of the doubt is not going to last forever,” said the Fund.
France and Italy have been less abject, but they began with higher borrowing needs. Italy’s debt is expected to reach the danger level of 120pc next year, according to leaked Treasury documents. France’s debt will near 90pc next year if President Nicolas Sarkozy goes ahead with his “Grand Emprunt”, a fiscal blitz masquerading as investment.
There was a case for an emergency boost last winter to cushion the blow as global industry crashed. That moment has passed. While I agree with Nomura’s Richard Koo that the US, Britain, and Europe risk a deflationary slump along the lines of Japan’s Lost Decade (two decades really), I am ever more wary of his calls for Keynesian spending a l’outrance.
Such policies have crippled Japan. A string of make-work stimulus plans – famously building bridges to nowhere in Hokkaido e_SEmD has ensured that the day of reckoning will be worse, when it comes. The IMF says Japan’s gross public debt will reach 240pc of GDP by 2014 e_SEmD beyond the point of recovery for a nation with a contracting workforce. Sooner or later, Japan’s bond market will blow up.
Error One was to permit a bubble in the 1980s. Error Two was to wait a decade before opting for monetary “shock and awe” through quantitative easing. The US Federal Reserve has moved faster but already seems to think the job is done. “Quantitative tightening” has begun. Its balance sheet has contracted by almost $200bn (£122bn) from the peak. The M2 money supply has stagnated since January. The Fed is talking of “exit strategies”.
Is this a replay of mid-2008 when the Fed lost its nerve, bristling over criticism that it had cut rates too low (then 2pc)? Remember what happened. Fed hawks in Dallas, St Louis, and Atlanta talked of rate rises. That had consequences. Markets tightened in anticipation, and arguably triggered the collapse of Lehman Brothers, AIG, Fannie and Freddie that autumn.
The Fed’s doctrine – New Keynesian Synthesis – has let it down time and again in this long saga, and there is scant evidence that Fed officials recognise the fact. As for the European Central Bank, it has let private loan growth contract this summer.
The imperative for the debt-bloated West is to cut spending systematically for year after year, off-setting the deflationary effect with monetary stimulus. This is the only mix that can save us.
My awful fear is that we will do exactly the opposite, incubating yet another crisis this autumn, to which we will respond with yet further spending. This is the road to ruin.
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EU666 Biodefense Stockpile and US666 Biodefense Stockpile
- I am not sure what to make of this. But it is interesting. If you trust Big Pharma or the Illuminati ruling elite, you may want to go for a lobotomy. The signs are there: Depopulation! Cryptogon reports :
This one is absolutely exploding around the intertubes this morning. I don’t know where it started but someone found a datasheet about a vaccine called Prepandrix that’s made by GlaxoSmithKline. This thing contains the following entries:
Regulatory/Status Index:
biodefense stockpile (U.S.)
biodefense stockpile, European countries
controlled/gov’t distribution in European counties
controlled/gov’t distribution in U.S.
EU200 Currently Approved in EU
EU666 Biodefense stockpile
UM100 Controlled/Gov’t Distribution in US
US666 Biodefense stockpile
EM160 Controlled/Gov’t Distribution in EU
Now, I’m not taking any vaccine regardless of what number sequences are associated with it, but let’s clear something up: PREPANDRIX IS A BIRD FLU VACCINE. Bird flu. H5N1. Not swine flu, H1N1.
The EU666 and US666 status codes are also associated with a smallpox vaccine, and on a more individual basis, about two dozen other substances.
Maybe it’s interesting that vaccines that are stockpiled for “biodefense” purposes carry the 666 designation, but for purposes of the swine flue H1N1 vaccination that will be coming out in a few months, this US666 and EU666 wouldn’t apply because it hasn’t been stockpiled; it’s new.
Out of curiosity, I tried to determine what EU666 and US666 mean beyond the phrase “Biodefense stockpile” that appears next to the entries.
This is the reference for the Regulatory/Status index codes.
Here are the entries for biodefense stockpiles for the U.S. and European countries:
biodefense stockpile (U.S.) — 104; 105; 321; 392; 393; 394; 395; 396; 446; 447; 448; 450; 451; 452; 573; 574; 575; 618; 619; 650
biodefense stockpile, European countries — 312; 392; 393; 449; 452
There’s no reference for 666 listed. I don’t know why the 666 code isn’t listed here, but when you click on any of those codes above and then look down, though the text, it says US666 Biodefense stockpile, or EU666 Biodefense stockpile or both on all of those. I don’t know what the implications of all of that are, but there you have it.
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Global Power and Global Government: Evolution and Revolution of the Central Banking System – Part 1
- This is an insightful and interesting article by Andrew Gavin Marshall. It gives us an understanding on the New World Order, the history of the central banking cartel and the drive towards a One World Government by the central banksters: The soon to be upon us global fascist police state –> 666 .
Introduction
Humanity is on the verge of entering into the most tumultuous period in our history. The prospects of a global depression, the likes of which have never been seen before; a truly global war, on a scale never before imagined; and societal collapse, for which nations of the world are building totalitarian police states to control populations; are increasing by the day. The major global trend forecasters are sounding the alarms on economic depression, war, a return to fascism and a total reorganization of society. Through crisis, we are seeing the reorganization of the global political economy, and the transformation of capitalism into a totalitarian capitalist world government. Capitalism has never stayed the same through its history; it has always changed and will continue to do so. Its changes are explained and analyzed through political-economic theory, both mainstream theory and critical. The changes are undertaken over years, decades and centuries. The next phase of capitalism is one in which the world moves to a state-controlled economic system, much like China, of totalitarian capitalism.
The global political economy itself is being reorganized into a world government body, consisting of one center of global power where the socio-political-economic power of the world is centralized in one institution. This is not a conspiracy theory; it is a reality. Nor is this a subject confined to the realm of “internet conspiracy theorists,” but in fact, the concept of world government originates and evolves throughout the history of capitalism and the global political economy. Mainstream and critical political-economic theory has addressed the concept of world government for centuries.
The notion of a world government has such a long history, as the forces driving the world into such a structure intertwine with the history of the modern global political economy itself. The purpose of this report is to examine the history of the global political economy in taking steps toward forming a world government, in both theory and practice. How did we get here and where are we going?
….
Central Banking
Thus, liberal economic theory came to the forefront, championed by the global hegemonic power of the day, Great Britain, which was firmly under the control of the banking dynasties. In 1694, the Bank of England was formed as a private central bank, which would issue the currency of the nation, lending it to the government and industry at interest, which would be paid back to the Bank of England’s shareholders, made up of these private banking dynasties.[3] The 16th to the 19th centuries was the period in which both the nation-state and capitalism emerged, soon followed by central banking in the late 1600s. This is when the origins of what was known as a “world economy” took place. Mercantilist economic theory dominated this period, in which the economy was secondary and submissive to the political structure of nations.
….
The European banking interests quickly learned their lesson regarding not falling under the imperial hubris of believing people of a given region or nation could never defeat imperial might and armies. Revolution had become a great threat to the entrenched capitalist, and particularly, banking interests.
Within a decade of the American Revolutionary War, which ended in 1783, another nation was going down the road of revolutionary zeal, in part inspired by the American example. However, this nation was no colony, but rather a mercantilist imperial power, and thus, its loss would be too great a loss to allow. In 1788, the French Monarchy was bankrupt, and as tensions grew between the increasingly desperate people of France and the aristocratic and particularly monarchic establishment, European bankers decided to pre-empt and co-opt the revolution. In 1788, prominent French bankers refused “to extend necessary short-term credit to the government,”[4] and they arranged to have shipments of grain and food to Paris “delayed” which triggered the hunger riots of the Parisians.[5] This sparked the Revolution, in which a new ruling class emerged, driven by violent oppression and political and actual terrorism. However, its violence grew, and with that, so too did discontentment with the Revolutionary Regime, and its stability and sustainability was in question. Thus, the bankers threw their weight behind a general in the Revolutionary Army named Napoleon, whom they entrusted to restore order. Napoleon then gave the bankers his support, and in 1800, created the Bank of France, the privately owned central bank of France, and gave the bankers authority over the Bank. The bankers owned its shares, and even Napoleon himself bought shares in the bank.[6]
The bankers thus sought to control commerce and government and restore order to their newly acquired and privately owned and operated empire. However, Napoleon continued with his war policies beyond the patience of the bankers, which had a negative impact upon commercial activities,[7] and Napoleon himself was interfering in the operations of the Bank of France and even declared that the Bank “belongs more to the Emperor than to the shareholders.”[8] With that, the bankers again shifted their influence, and remained through regime change.[9]
The Rothschilds ascended to the throne of international banking with the Battle of Waterloo. After having established banking houses in London, Paris, Frankfurt, Vienna and Naples, they profited off of all sides in the Napoleonic wars.[10] The British patriarch, Nathan Rothschild, was known for being the first with news in London, ahead of even the monarchy and the Parliament, and so everyone watched his moves on the stock market during the Battle of Waterloo. Following the battle, Nathan got the news that the British won over 24 hours before the government itself had news, and he quietly went into the London Stock Exchange and sold everything he had, implying to those watching that the British lost. A panic selling ensued, in which everyone sold stock, stock prices crumbled, and the market crashed. What resulted was that Rothschild then bought up the near-entire British stock market for pennies on the dollar, as when news arrived of the British victory at Waterloo, Rothschild’s newly acquired stocks soared in value, as did his fortune, and his rise as the pre-eminent economic figure in Britain.[11]
As Goergetown University History professor, Carroll Quigley wrote in his monumental Tragedy and Hope, “The merchant bankers of London had already at hand in 1810-1850 the Stock Exchange, the Bank of England, and the London money market,” and that:
In time they brought into their financial network the provincial banking centers, organized as commercial banks and savings banks, as well as insurance companies, to form all of these into a single financial system on an international scale which manipulated the quantity and flow of money so that they were able to influence, if not control, governments on one side and industries on the other.[12]
….
Retaking America
The history of the United States from its founding through the 19th century to the early 20th century, was marked by a continual political battle revolving around the creation of a central bank of the United States. Mercantilists such as Alexander Hamilton, who was the first Treasury Secretary, were in favour of such a bank, and his advice won over George Washington, much to the dismay of Thomas Jefferson, who was a strong opponent to central banking. However, “[Alexander] Hamilton, believing that government must ally itself with the richest elements of society to make itself strong, proposed to Congress a series of laws, which it enacted, expressing this philosophy,” and that, “A Bank of the United States was set up as a partnership between the government and certain banking interests,”[20] which lasted until the charter expired in 1811.
Again, during the tenure of Andrew Jackson (1829-1837), the primary political struggle was with the entrenched financial interests both domestic and from abroad (namely Western Europe), on the issue of creating a central bank of the US. Andrew Jackson stood in firm opposition to such a bank, saying that, “the bank threatened the emerging order, hoarding too much economic power in too few hands,” and referred to it as “The Monster.”[21] Congress passed the bill allowing for the creation of a Second Bank of the United States, however, Andrew Jackson vetoed the bill, much to the dismay of the banking interests.
It was in the later half of the 1800s that “European financiers were in favor of an American Civil War that would return the United States to its colonial status, they admitted privately that they were not necessarily interested in preserving slavery,” as it had become unprofitable.[22] The Civil War was not based upon the liberation of slaves, it was, as Howard Zinn described it, a clash “of elites,” with the northern elite wanting “economic expansion – free land, free labor, a free market, a high protective tariff for manufacturers, [and] a bank of the United States. [Whereas] The slave interests opposed all that.”[23] The Civil War, which lasted from 1861 until 1865, resulted in hundreds of thousands of deaths, during which, “Congress also set up a national bank, putting the government into partnership with the banking interests, guaranteeing their profits.”[24]
As Lincoln himself stated:
The money powers prey on the nation in times of peace and conspire against it in times of adversity. The banking powers are more despotic than monarchy, more insolent than autocracy, more selfish than bureaucracy. They denounce as public enemies all who question their methods or throw light upon their crimes.
I have two great enemies, the Southern Army in front of me, and the bankers in the rear. Of the two, the one at my rear is my greatest foe. As a most undesirable consequence of the war, corporations have been enthroned, and an era of corruption in high places will follow. The money power will endeavor to prolong its reign by working upon the prejudices of the people until the wealth is aggregated in the hands of a few, and the Republic is destroyed.[25]
Throughout much of the 1800s and into the 1900s, the United States suffered several economic crises, one of the most significant of which was the Great Depression of 1873. As Howard Zinn explained:
The crisis was built into a system which was chaotic in its nature, in which only the very rich were secure. It was a system of periodic crises – 1837, 1857, 1873 (and later: 1893, 1907, 1919, 1929) – that wiped out small businesses and brought cold, hunger, and death to working people while the fortunes of the Astors, Vanderbilts, Rockefellers, Morgans, kept growing through war and peace, crisis and recovery. During the 1873 crisis, Carnegie was capturing the steel market, Rockefeller was wiping out his competitors in oil.[26]
Massive industrial consolidation by a few oligarchic elites was the rule of the day, as J.P. Morgan expanded total control over railroad and banking interests, and John D. Rockefeller took control of the oil market, and expanded into banking. Zinn explained that, “The imperial leader of the new oligarchy was the House of Morgan. In its operations it was ably assisted by the First National Bank of New York (directed by George F. Baker) and the National City Bank of New York (presided over by James Stillman, agent of the Rockefeller interests). Among them, these three men and their financial associates occupied 341 directorships in 112 corporations. The total resources of these corporations in 1912 was $22,245,000,000, more than the assessed value of all property in the twenty-two states and territories west of the Mississippi River.”[27]
These banking interests, particularly those of Morgan, were very much allied with European banking interests. On the European side, specifically in Britain, the elite were largely involved in the Scramble for Africa at this time. Infamous among them was Cecil Rhodes, who made his fortune in the diamond and gold mining in Africa, as “With financial support from Lord Rothschild and Alfred Beit, he was able to monopolize the diamond mines of South Africa as De Beers Consolidated Mines and to build up a great gold mining enterprise as Consolidated Gold Fields.”[28] Interestingly, “Rhodes could not have won his near-monopoly over South African diamond production without the assistance of his friends in the City of London: in particular, the Rothschild bank, at that time the biggest concentration of financial capital in the world.”[29] As historian Niall Ferguson explained, “It is usually assumed that Rhodes owned De Beers, but this was not the case. Nathaniel de Rothschild was a bigger shareholder than Rhodes himself; indeed, by 1899 the Rothschilds’ stake was twice that of Rhodes.”[30]
….
In the early 20th century, European and American banking interests achieved what they had desired for over a century within America, the creation of a privately owned central bank. It was created through collaboration of American and European bankers, primarily the Morgans, Rockefellers, Kuhn, Loebs and Warburgs.[35] After the 1907 banking panic in the US, instigated by JP Morgan, pressure was placed upon the American political establishment to create a “stable” banking system. In 1910, a secret meeting of financiers was held on Jekyll Island, where they planned for the “creation of a National Reserve Association with fifteen major regions, controlled by a board of commercial bankers but empowered by the federal government to act like a central bank – creating money and lending reserves to private banks.”[36] President Woodrow Wilson followed the plan almost exactly as outlined by the Wall Street financiers, and added to it the creation of a Federal Reserve Board in Washington, which the President would appoint.[37] The Federal Reserve, or Fed, “raised its own revenue, drafted its own operating budget and submitted neither to Congress,” while “the seven governors shared power with the presidents of the twelve Reserve Banks, each serving the private banks in its region,” and “the commercial banks held stock shares in each of the twelve Federal Reserve Banks.”[38]
The retaking of the United States by international banking interests was achieved with barely a whimper of opposition. Where the British Empire failed in taking the United States militarily, international bankers succeeded covertly through the banking system. The Federal Reserve also had the effect of cementing an alliance between New York and London bankers.[39]
- See also:
Central Banksters Final Moves for Total Control –> ‘666′ ?
The Great Bank Robbery: How the Federal Reserve is Destroying America!
Banksters’ Takeover of America Almost Complete!
Ron Paul: The Obama Administration Wants To Give More Power To The Federal Reserve, The Institution That Caused Our Problems !
Obama’s “Financial Regulatory Reform Plan” is Banksters Consolidating Their Power!
Marc Faber: Geithner and Bernanke are 2 Mad Men Running The Economy Towards Hyper-Inflation
FedRes Would Be Shut Down If It Were Audited, Expert Says
US Senator: Banksters “Own” the Congress!
Illuminati Banksters Implementing State of Permanent Siege!
Financial Dictatorship of the Federal Reserve and Treasury
Geithner’s ‘Dirty Little Secret’: The Entire Global Financial System is at Risk
Banksters Rule America !
Collapse of America to Lead to New World Order?
UN & IMF Back Agenda For Global Financial Dictatorship
A World Currency Moves Closer After Geithner’s Slip
Ron Paul – I See No Purpose for the Federal Reserve!
Banksters Rule America !
The Federal Reserve: Secretive And Incompetent Organization ! The Creature From Jekyll Island.
History of Money & Fractional Reserve Banking System
How International Bankers Gained Control of America!
Federal Reserve is a Private Company.
Ron Paul – Federal Reserve is the Culprit!
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Did Ahmadinejad Really Called for Israel To Be ‘Wiped Off the Map’?
- This is pure, mad Zionist propaganda! Keep in mind that the majority of the western media is owned and controlled by the Illuminati ruling class. Their intent is a global fascist police state. One of the key to it, is natural resources like OIL. In the coming months they will be ratcheting up their propaganda, building an Axis of Evil, to prepare the world for the coming war. They will try to paint linkages and alignments when there are non. For eg. trying to link Iran, North Korea, Myanmar… together… Al Qaeda (which is really Al CIAda).. terrorism…etc.. There is a likely hood that they will use Al CIAda to attack their targets like China for example. After all Al CIAda is really pissed with China over XinJiang right? Over the deaths of their Muslim brethren right? This is total bull!
- The Guardian UK reports :
Experts confirm that Iran’s president did not call for Israel to be ‘wiped off the map’. Reports that he did serve to strengthen western hawks.
My recent comment piece explaining how Iran’s president was badly misquoted when he allegedly called for Israel to be “wiped off the map” has caused a welcome little storm. The phrase has been seized on by western and Israeli hawks to re-double suspicions of the Iranian government’s intentions, so it is important to get the truth of what he really said.
I took my translation – “the regime occupying Jerusalem must vanish from the page of time” – from the indefatigable Professor Juan Cole’s website where it has been for several weeks.
But it seems to be mainly thanks to the Guardian giving it prominence that the New York Times, which was one of the first papers to misquote Mahmoud Ahmadinejad, came out on Sunday with a defensive piece attempting to justify its reporter’s original “wiped off the map” translation. (By the way, for Farsi speakers the original version is available here.)
Joining the “off the map” crowd is David Aaronovitch, a columnist on the Times (of London), who attacked my analysis yesterday. I won’t waste time on him since his knowledge of Farsi is as minimal as that of his Latin. The poor man thinks the plural of casus belli is casi belli, unaware that casus is fourth declension with the plural casus (long u).
The New York Times’s Ethan Bronner and Nazila Fathi, one of the paper’s Tehran staff, make a more serious case. They consulted several sources in Tehran. “Sohrab Mahdavi, one of Iran’s most prominent translators, and Siamak Namazi, managing director of a Tehran consulting firm, who is bilingual, both say ‘wipe off’ or ‘wipe away’ is more accurate than ‘vanish’ because the Persian verb is active and transitive,” Bronner writes.
The New York Times goes on: “The second translation issue concerns the word ‘map’. Khomeini’s words were abstract: ‘Sahneh roozgar.’ Sahneh means scene or stage, and roozgar means time. The phrase was widely interpreted as ‘map’, and for years, no one objected. In October, when Mr Ahmadinejad quoted Khomeini, he actually misquoted him, saying not ‘Sahneh roozgar’ but ‘Safheh roozgar’, meaning pages of time or history. No one noticed the change, and news agencies used the word ‘map’ again.”
This, in my view, is the crucial point and I’m glad the NYT accepts that the word “map” was not used by Ahmadinejad. (By the way, the Wikipedia entry on the controversy gets the NYT wrong, claiming falsely that Ethan Bronner “concluded that Ahmadinejad had in fact said that Israel was to be wiped off the map”.)
If the Iranian president made a mistake and used “safheh” rather than “sahneh”, that is of little moment. A native English speaker could equally confuse “stage of history” with “page of history”. The significant issue is that both phrases refer to time rather than place. As I wrote in my original post, the Iranian president was expressing a vague wish for the future. He was not threatening an Iranian-initiated war to remove Israeli control over Jerusalem.
Two other well-established translation sources confirm that Ahmadinejad was referring to time, not place. The version of the October 26 2005 speech put out by the Middle East Media Research Institute, based on the Farsi text released by the official Iranian Students News Agency, says: “This regime that is occupying Qods [Jerusalem] must be eliminated from the pages of history.” (NB: not “wiped”. I accept that “eliminated” is almost the same, indeed some might argue it is more sinister than “wiped”, though it is a bit more of a mouthful if you are trying to find four catchy and easily memorable words with which to incite anger against Iran.)
MEMRI (its text of the speech is available here) is headed by a former Isareli military intelligence officer and has sometimes been attacked for alleged distortion of Farsi and Arabic quotations for the benefit of Israeli foreign policy. On this occasion they supported the doveish view of what Ahmadinejad said.
Finally we come to the BBC monitoring service which every day puts out hundreds of highly respected English translations of broadcasts from all round the globe to their subscribers – mainly governments, intelligence services, thinktanks and other specialists. I approached them this week about the controversy and a spokesperson for the monitoring service’s marketing unit, who did not want his name used, told me their original version of the Ahmadinejad quote was “eliminated from the map of the world”.
As a result of my inquiry and the controversy generated, they had gone back to the native Farsi-speakers who had translated the speech from a voice recording made available by Iranian TV on October 29 2005. Here is what the spokesman told me about the “off the map” section: “The monitor has checked again. It’s a difficult expression to translate. They’re under time pressure to produce a translation quickly and they were searching for the right phrase. With more time to reflect they would say the translation should be “eliminated from the page of history”.
Would the BBC put out a correction, given that the issue had become so controversial, I asked. “It would be a long time after the original version”, came the reply. I interpret that as “probably not”, but let’s see.
Finally, I approached Iradj Bagherzade, the Iranian-born founder and chairman of the renowned publishing house, IB Tauris. He thought hard about the word “roozgar”. “History” was not the right word, he said, but he could not decide between several better alternatives “this day and age”, “these times”, “our times”, “time”.
So there we have it. Starting with Juan Cole, and going via the New York Times’ experts through MEMRI to the BBC’s monitors, the consensus is that Ahmadinejad did not talk about any maps. He was, as I insisted in my original piece, offering a vague wish for the future.
A very last point. The fact that he compared his desired option – the elimination of “the regime occupying Jerusalem” – with the fall of the Shah’s regime in Iran makes it crystal clear that he is talking about regime change, not the end of Israel. As a schoolboy opponent of the Shah in the 1970′s he surely did not favour Iran’s removal from the page of time. He just wanted the Shah out.
The same with regard to Israel. The Iranian president is undeniably an opponent of Zionism or, if you prefer the phrase, the Zionist regime. But so are substantial numbers of Israeli citizens, Jews as well as Arabs. The anti-Zionist and non-Zionist traditions in Israel are not insignificant. So we should not demonise Ahmadinejad on those grounds alone.
Does this quibbling over phrases matter? Yes, of course. Within days of the Ahmadinejad speech the then Israeli prime minister, Ariel Sharon, was calling for Iran to be expelled from the United Nations. Other foreign leaders have quoted the map phrase. The United States is piling pressure on its allies to be tough with Iran.
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Globalist Think Tank Trots Out Iran Attack Scenario
- There are way too many mad men running America. All these people are intent on starting the greater middle east war with no regard for lost of lives and based on false pretenses. Americans must wake up and stop these nonsense. Otherwise, America will pay dearly with the needless deaths of her children. Remember the many young American lives lost in Iraq. Remember also the well over 1 million civilian Iraqis lives lost because of the corporate fascist American government. Kurt Nimmo reports :
In a hare-brained nightmare scenario dreamed up by the Center for Strategic and International Studies — home-base for neocon crackpots such as Michael Ledeen and war criminals of Madeleine Albright’s caliber — Iran manages to produce a nuclear weapon and drops it on Israel, ultimately killing 800,000 people. “Retaliatory Israeli nuclear strikes, with higher-yield bombs and accurate rocket delivery systems, would be far more destructive,” writes Peter Goodspeed for the National Post. “A full-fledged Israeli nuclear response, using some, but not all, of its 200 nuclear weapons, would target most major Iranian cities and major military bases. It would kill 16 million to 28 million people within three weeks.”
It is estimated Israel has around 400 nuclear weapons. As Israeli arms technician Mordecai Vanunu revealed in 1986, the Israelis have produced 100 to 200 advanced fission bombs and have mastered a thermonuclear design. In 1986, it appeared to have a number of thermonuclear bombs ready for use. According to the Institute for Defense Analyses, Israel’s facilities at Soreq and Dimona have the same mission as the Los Alamos, Lawrence Livermore and Oak Ridge National Laboratories in the United States. More than twenty years ago, Israel was developing the computer “codes which will enable them to make hydrogen bombs.”
Meanwhile, Iran is not up to speed, never mind the scary science fiction story weaved by the Center for Strategic and International Studies. Iran did manage to enrich a small amount of uranium using a cascade of 164 centrifuges that spin uranium hexafluoride gas at supersonic speed. The enriched uranium that Iran produced cannot be used in a nuclear weapon because it contains just 3.5% U-235, whereas a nuclear weapon typically requires highly-enriched uranium that contains more than 90% U-235.
Never mind highly-enriched uranium – Iran has problems with low-enriched uranium. Earlier this year, the International Atomic Energy Agency reported that Iran had badly underestimated previous assessments of how much low-enriched material it had produced. The IAEA stressed that technical constraints and equipment inefficiencies would prevent Iran from further refining the low-enriched uranium into an adequate supply of weapon-grade material.
However, this has not stopped Israel and the neocons from hysterically claiming Iran has “enough enriched uranium fissionable material to manufacture at least one or two atom bombs of the Hiroshima type,” as Uri Dan wrote for the Jerusalem Post in early 2006. If it didn’t have the nuclear material for a couple crude bombs, “Iranian President Ahmadinejad would not have dared come out with his declaration that Israel should be wiped off the map,” claims Rafi Eitan, key architect of Shin Bet (Israel Security Agency) and the Mossad (the operative motto for Mossad is: “By way of deception, thou shalt do war,” according to Victor Ostrovsky, a former Mossad agent).
As it turns out, Mahmoud Ahmadinejad did not call for Israel to be “wiped off the map,” as Eitan, the neocons, and most of the corporate media (most notably the New York Times) repeatedly and dishonestly claim. Ahmadinejad’s speech was deliberately mistranslated by MEMRI, the Middle East Media Research Institute, a Mossad front masquerading as a news service. “Starting with Juan Cole, and going via the New York Times’ experts through MEMRI to the BBC’s monitors, the consensus is that Ahmadinejad did not talk about any maps,” Jonathan Steele wrote for the Guardian in June, 2006. Ahmadinejad did not talk attacking Israel. He made a vague wish for the end of political Zionism — which is, of course, for some the same as attacking Israel with a nuclear bomb.
….
In the real world, the only nuclear threat in the Middle East is the one posed by Israel. If Israel follows through on its threat — increasingly likely with the passing of each week — to attack Iran’s nuclear facilities, the result will be catastrophic. In the aftermath of an attack, “huge amounts of radioactive material will be lofted into the air to contaminate the people of Iran and surrounding countries,” explains Dr. Helen Caldicott, who consulted with an eminent international authority on nuclear weapons. “This fallout will induce cancers, leukemia, and genetic disease in these populations for years to come, both a medical catastrophe and a war crime of immense proportions,” she writes in her book, “Nuclear Power Is Not The Answer,” published in 2007. She cites the example of Chernobyl.
Finally, as analysts note, conventional weapons will not be effective against Iran’s underground nuclear materials storage site and uranium conversion plant at Isfahan and the underground uranium enrichment plant at Natanz. “Iranian officials have acknowledged the Isfahan facility is specifically designed to be impervious to conventional attack, making it a prime nuclear target. The Natanz plant is buried between 18 and 23 meters below the surface, making it a difficult target for conventional attack. For this scenario, we modeled attacks, each with three B61-11 earth-penetrating nuclear weapons set to explode with a yield of 340kt. Meteorological models in the HPAC were used to determine the distribution pattern of fallout,” write Physicians for Social Responsibility.
“From our map …we can see that within 48 hours, fallout would cover much of Iran, most of Afghanistan and spread on into Pakistan and India. Fallout from the use of a burrowing weapon such as the B61-11 would be worse than from a surface or airburst weapon, due to the extra radioactive dust and debris ejected from the blast site. In the immediate area of the two attacks, our calculations show that within 48 hours, an estimated 2.6 million people would die.” In the wider area, over 10.5 million people would be exposed to significant radiation from fallout. “In the immense fallout zone, very few people would have access to adequate medical care, increasing the potential number of casualties of an attack. From studies conducted after the use of nuclear weapons against Japan we know that there would also be a severe psychological trauma for the affected population, which would further exacerbate negative health outcomes for attack victims.”
The Saudis are taking the threat seriously. In 2008, the Saudi Shura Council — comprised of an elite group making decisions for the autocratic inner circle — prepared “national plans to deal with any sudden nuclear and radioactive hazards that may affect the kingdom following experts’ warnings of possible attacks on Iran’s Bushehr nuclear reactors,” according to the kingdom’s leading newspaper, Okaz. In September of 2008, Israel also began preparing civilians for the inevitability of radiation exposure.
Israel and the United States are ready to accept this massive death toll and radioactive contamination in order to “send a message” to Iran. In addition to millions of initial deaths, an Israeli attack – naturally conducted with U.S. participation — would deal a death blow to the global economy and kick off a third world war (the neocons like to call this the “fourth world war,” the third being the so-called Cold War).
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The Coming US Government Debt Default
- Which ever way you look at it: the US government will default on its debts. They can default by printing more money ‘out of thin air’ ie debasing the USD or outright refuse to pay by declaring bankruptcy. The problem with the latter is that: foreigners hold most of the US treasury bonds: China, Russia, Japan… This option will lead to geo-political upheavals and possibly even war. Steve Saville opines :
We have always assumed that governments would surreptitiously default on their debt via inflation, but recently we’ve come to the conclusion that a direct default is a distinct possibility. Here’s why.
Under the current monetary system there is no limit to how much debt a government can take on, provided that the debt is denominated in its own currency. The reason is that the central bank stands ready, willing and able to be the bond-buyer of last resort, and the central bank’s pockets are infinitely deep (there is no limit to the amount of new money that the central bank can create). As a result, if it chose to do so the government could continue to issue new bonds until the currency became worthless. At the point where the currency had lost almost all of its purchasing power the surreptitious default would essentially be complete because any debt denominated in this currency would be almost worthless.
But rather than continue the debt issuance and the associated monetary inflation to the point where the currency is worthless it could, at some stage during the process, become politically more feasible to default directly on a large chunk of the outstanding debt. The reason is that hyperinflation would destroy the economy as well as the currency, and would thus inflict large losses on almost everyone, whereas directly defaulting on the debt would only inflict large losses on the holders of government debt. In the US case it is not hard to envisage the Administration being faced in the future with the following choice: default on all Treasury debt except for the debt held by US government trust funds, or plunge into hyperinflation and wipe out the values of all bonds and all monetary savings. Given that the bulk of the aforementioned Treasury debt is held by foreign governments, a direct default will potentially be the natural choice of the politically astute.
The way things are going it will probably take less than three years for the US and many other countries to reach the point where it becomes necessary to completely abandon the pretense that the government’s debt will ever be repaid legitimately (without inflating the currency into oblivion, that is). It will then be a matter of deciding on the method of default.
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Currency Crisis, the Yuan to go Global! Gold will Rise!
- Will the world see a currency crisis. My answer is YES! (see Global Monetary Meltdown in 2009 ?) The behind the scenes moves are getting to be more desperate. Thus, we will hear more and more ‘noise’ signalling the coming collapse. Julian DW Phillips reports :
Suddenly the pressure from China to change the world’s monetary order is pressing. At the G-8 China asked for the forum to debate proposals for a new global reserve currency! They were largely ignored! China’s rising presence in the global economy [$2 trillion reserves now] and the threatening weakness of the $ is prompting China to act in this way and with speed. Not only the Chinese but the French, Finance Minister and Central Bank President called for greater currency stability and a system to avoid piling up currency reserves as we see with the $. It is clear that more and more countries are objecting to the debasement of the U.S. $ through Trade deficits and Quantitative Easing.
….
Previous Chinese proposals on this subject were not welcomed at either the I.M.F. or in member nations of the Organization for Economic Cooperation and Development. Because the G-8 did not entertain the Chinese proposal and it essentially reaffirmed the US $’s status as a reserve currency, China is likely to act unilaterally on the matter, much to the detriment of stability in currency markets and future cooperation in global monetary reform. The boldness of these moves implies a sense of urgency by the Chinese. We believe that action will be seen on this front soon and suddenly.
The possibility of a sudden $ devaluation prior to the end of 2009 will only make the Chinese act more forcefully a large positive for gold!
The Path to a Global Reserve Currency
The Yuan looks as though it will be fast tracked from a protected national currency to an international reserve currency with the first sprint to be completed in 2010. The pace will be dictated by two factors, firstly the pace at which the Chinese dictates and secondly by the I.M.F. schedule for the review of the composition of the S.D.R. in 2010. By that time the Yuan must have a heavy presence in international markets in at least Trade flows.
….
China must release huge amounts of the Yuan into international markets between now and 2010. This would require following a similar route to the one taken by the U.S. $ from 1971 onwards, which led to the $ being the most sought after international currency. With the U.S. in control of the security of the biggest oil producing area in the world the lands surrounding the Persian Gulf they ensured that oil was priced in the U.S. $. This forced it into the coffers of every nation on earth. While China does not have the same leverage, it does sell the cheapest and most sought after manufactured goods everywhere. As Chinese expertise grows, their goods will take a larger and larger path into international markets. Until the rest of the world earns as little as Chinese workers do, the “China advantage” will assist in this growing international presence. The threat to the $ is huge, because eventually in almost every transaction where the Yuan will be used, it will replace the U.S. $.
This will leave a growing amount of the U.S. $ with nowhere to go but home. If this happens, forget rising interest rates, even in the face of inflation?
…..
Eventually we expect even O.P.E.C. to accept Yuan in payment of oil!
The downward pressure on the $ is inevitable and we believe such a depreciation has been accepted by the Chinese. The moves to resurrect the S.D.R. are part of this acceptance and an attempt to avoid the $’s depreciation. There will simply be far more U.S. dollars internationally than are needed, so the only way to avoid suffering from the $’s fall is to diversify, via the S.D.R. into other currencies. If China can replace the U.S. $ with newly composed S.D.R.’s they can protect the buying power of their huge [$1.95 trillion] reserves, at least to some extent!
What will the U.S. do in the face of this? Will it act defensively ahead of this? Is a devaluation of the U.S. $ about to happen? What will be the impact on the gold market and price? Will governments do something about gold ownership? We appear to be just ahead of major global currency market moves?
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Obama’s War Signals
- The war hawks want an Iranian war. They have been preparing for it for quite a few years now. This is about building the New World Order, One World Government. The conquest of Iran means the western ruling elite will control all the major oil supplies apart from Russia and Venezuela (approx. 12-13M bbl/day compared to total of 82M bbl/day world production).
- They can start this war but I doubt they will win it. On the side of Iran is the Russian bear and the Chinese. Both know what is at stake. The defeat of Iran will mean the lost of the entire middle east and possibly even Asia minor. China will have to bow to the dictates of the western Illuminati banksters because of oil.
- Justin Raimondo comments :
… it occurs to me that only Barack Obama, who won the White House in large part due to his opposition to the Iraq war, could take us to war with Iran, and rally liberals and much of the left behind it.
…
The president has already set a September deadline for Iran to respond to our as-yet-informal proposal to negotiate over the completely phony nuclear issue – an oddly confrontational approach to opening the first on-the-record high level talks with the Islamic Republic since the Iranian hostage crisis of 1979.
The nuke issue is phony because our own intelligence community, speaking through the CIA, determined “with high confidence” the Iranians gave up their nuclear weapons program in 2003. Yet Obama has repeatedly said Iran is working to develop nuclear weapons. The great sigh of relief we all breathed when the CIA assessment was made public last year – effectively blocking any last-minute attempt by the Bushies to strike Iran in the waning days of Dubya’s reign – gives way to new anxieties.
The evidence that Obama is ramping up the US effort to encircle and eventually strike at Iran is building: added deployments to Afghanistan and our increasing intervention in Pakistan can always be attributed to the vagaries of the Af-pak front, but one can’t blame the Iranians from looking at it differently. The US military presence, to the south and the east, is looming larger. This, in tandem with an apparent hardening of the US stance – e.g. the “muscularity” of Hillary Clinton’s most recent peroration – can only be seen by Tehran as prefiguring war.
The spin prior to delivering her speech to the Council on Foreign Relations was that this was going to be a “muscular” speech, and indeed it was: threatening to use the military to “defend our interests, our allies, and our people” when it comes to Iran’s alleged nuclear weapons program, she declared, with typical Clintonian glibness: “this is not an option we seek nor is it a threat; it is a promise.”
With those words, the first rhetorical shots of the third Middle Eastern war – and potentially the most devastating, both to the region and our national interests – have been fired. The phraseology is almost Bushian in its studied belligerence, and it is most certainly not a précis to a rapprochement with Tehran.
This is just about what any observer of the scene would have expected from our Secretary of State, given her past statements – the most recent being her threat to launch a “first strike” (her words) on Iran – and her ongoing refusal to retract her enthusiasm for the Iraq war. Indeed, in her comments to George Stephanopoulos on “This Week,” she held up the invasion of Iraq as a model for how to deal with the Iranians.
….
Obama, consumed with the rapidly deteriorating US economy, will let Hillary define the terrain on which the conflict with Iran will unfold: the stage is being set. The actors take their places, and, amid frantic preparations taking place behind the curtains, hardly suspected by the audience, the drama takes its preordained course.
….
Who wants war with Iran? Who has been demanding it, hoping for it, and doing their best to provoke it? What faction of the foreign policy “community” has been warning that Iran is months away from creating a nuclear weapon, and will certainly target a small “democratic” US ally in the region, one which Iranian President Mahmoud Ahmadinejad purportedly (but not really) threatened to “wipe off the map”?
It’s no secret the Israel lobby has been in the forefront of the effort to mobilize American political, diplomatic and military muscle for a dust-up with Iran: the alleged “threat” emanating from Iran was the theme of the last AIPAC conference, and the propaganda machine that does Tel Aviv’s bidding has been going full-bore since the Iraq war ended in “mission accomplished,” targeting Tehran as the next victim of our post-9/11 madness. The current power struggle within the Iranian leadership, that culminated in the election fraud protests and the hard-liner clampdown, set the confrontational tone for the pro forma “negotiations” that will segue seamlessly into the second act, and, finally, the third – which will be played out here in this country, on the op ed pages of the nation’s newspapers (what’s left of them, anyway), and around dinner tables all across America.
….
They say Iran’s possession of a nuclear weapons capability represents an “existential threat” to the Jewish state. This may indeed be true, and yet that threat is no more substantial than the threat to the US represented by Soviet nukes during the cold war era. In that historic facedown, each side was constrained by the certainty of mutual assured destruction if war should break out. Since Israel, as everyone knows, possesses a large nuclear arsenal, the Iranians would be similarly constrained not to use theirs. The great problem in the Middle East today is that Israel is not so constrained, at the moment: the Israelis enjoy a nuclear monopoly in the region, and they are determined to maintain it – yes, even if it means war.
Not a war between Israel and Iran, of course, but between the US and Iran. Israel is sending all kinds of signals that if we don’t start the bombing, they will, but the Israelis have neither the technical means nor the inclination to risk their own necks – and why should they bother, when they have us to do their dirty work for them?
…
Make no mistake: the enormous power of the Israel lobby – and it is formidable, don’t let anyone kid you – is being utilized to bring us to the brink, and we are moving along at a fairly rapid pace. It won’t be long before the clock stops ticking, and the fireworks begin: oh, to be sure, there will be plenty of drama, and secondary plots, along the way, but the essential narrative – Mad mullahs plan on blowing up Israel, if not the world – has already been written, rehearsed, and audience-tested.
It remains to be seen, however, if this particular show ever gets out of summer stock. The American people are in no mood for another war – certainly not a war of the scope necessitated by a huge and populous nation such as Iran. It will take a sustained political and propaganda campaign by the War Party to pull this one off – and yet you shouldn’t doubt they have the resources and the will to do it.
You thought you were safe, now that George W. Bush is out of the White House, and the neoconservatives have gone back to their well-subsidized holes – but you were wrong. I would not be at all surprised if the Iranian “crisis” – and it will be declared a “crisis,” complete with ticking clocks and lines in the sand, of that you can be sure – required a “delay” in our plans to withdraw from Iraq. At that point, the American people will either rise up and put an end to the nonsense – or else they’ll acquiesce, without much protest, to what seems like the inevitable.
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Mysterious, Glowing Clouds Appear Across America’s Night Skies
I've never seen these clouds before. And I'm often out looking. They are rather rare here in eastern NE. Mike Hollingshead
Zecharia 14 : 5-7
Thus the LORD my God will come,
And all the saints with You.
6 It shall come to pass in that day
That there will be no light;
The lights will diminish.
7 It shall be one day
Which is known to the LORD—
Neither day nor night.
But at evening time it shall happen
That it will be light.
- These are rather beautiful luminous clouds that are visible at night. Wired Science reports :
Mysterious, glowing clouds previously seen almost exclusively in Earth’s polar regions have appeared in the skies over the United States and Europe over the past several days.
….
Formed by ice literally at the boundary where the earth’s atmosphere meets space 50 miles up, they shine because they are so high that they remain lit by the sun even after our star is below the horizon.
The clouds might be beautiful, but they could portend global changes caused by global warming. Noctilucent clouds are a fundamentally new phenomenon in the temperate mid-latitude sky, and it’s not clear why they’ve migrated down from the poles. Or why, over the last 25 years, more of them are appearing in the polar regions, too, and shining more brightly.
“That’s a real concern and question,” said James Russell, an atmospheric scientist at Hampton University and the principal investigator of an ongoing NASA satellite mission to study the clouds. “Why are they getting more numerous? Why are they getting brighter? Why are they appearing at lower latitudes?”
Noctilucent clouds were first observed in 1885 by an amateur astronomer. No observations of anything resembling noctilucent clouds before that time has ever been found. There is no lack of observations of other phenomena in the sky, so atmospheric scientists are fairly sure that the phenomenon is recent, although they are not sure why.
Over the last 125 years, scientists have learned how the clouds form. At temperatures around minus 230 degrees Fahrenheit, dust blowing up from below or falling into the atmosphere from space provides a resting spot for water vapor to condense and freeze. Right now, during the northern hemisphere’s summer, the atmosphere is heating up and expanding. At the outside edge of the atmosphere, that actually means that it’s getting colder because it’s pushed farther out into space.
…
The recent observations of noctilucent clouds at all kinds of latitudes provide an extra impetus to understand what is going on up there. Changes are occurring faster than scientists can understand their causes. “I suspect, as many of us feel, that it is global change, but I fear we don’t understand it,” Wickwar said. “It’s not as simple as a temperature change.”
I had never witnessed NLCs before, and to be honest, I wondered if I would actually notice them if I did get the chance to see them. Wow, was I wrong ... these literally startled me! Thankfully, I was called to go meet a friend this evening, otherwise I wouldn't have been outside to see them. I walked out of my garage, and glanced up expecting to see a mostly dark sky, and this BRIGHT, electric blue bank of NLCs was filling most of the north sky ... gorgeous! Mark Poe
We have been waiting a long time to see this high altitude show in Seattle. It was a perfectly clear night, and we were ready after hearing of sightings in Oregon yesterday. Joseph Marsh
Certainly the biggest display I've seen from Central Oregon, if not quite the brightest. Beautiful! Steven J Denfeld
I awoke to a brilliant display of noctilucent clouds. They were so bright, that I would have assumed dawn was imminent, only it was an hour and a half until sunrise! Eve Wills
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Maj. Gen. Albert Stubblebine III & Dr. Rima E. Laibow: Dangerous Vaccines, Corrupt Big Pharma, Eugenics Depopulation and the Coming Forced/Mandatory Vaccination!
- Do not take the A/H1N1 vaccine! The MSM is fear mongering to push the sheeple to accept vaccination. They will increase the rhetoric and make A/H1N1 look more dangerous than it actually is. The MSM is largely owned by the Illuminati ruling elite. So expect more ‘bad news’ that virus is morphing and more people with no underlying complications are dying because of it. What will cause this virus to morph will likely be the vaccine. See :
Baxter Files Swine Flu Vaccine Patent A Year Ahead Of Outbreak
US government gives Baxter, Novartis legal immunity in advance for any injury and death caused by H1N1 vaccine this autumn
Mandatory Swine Flu Vaccinations This Fall?
Law can force Norwegians to take H1N1 vaccine from GSK
Our Lives at Risk: Drug Company Greed and Dangerous Vaccines
Dr. Russell Blaylock: Vaccine May Be More Dangerous Than Swine Flu
David Icke: Don’t Take The A/H1N1 Vaccine!
Belgium Health Minister passes law allowing use of police for forced mass vaccination
Novartis recalled “H1N1″ vaccine two months before allegedly new “H1N1″ outbreak in Mexico
Canadian Doctor: H1N1 Vaccination a Eugenics Weapon for Mass Extermination
H1N1 Swine Flu Appears Similar to 1918 Pandemic Virus; WHO Recommends Vaccines Use Live (Attenuated) Influenza
PITT STUDY: Accidental Release Blamed In Swine Flu Outbreak!
Bioweapons: Biological Threats to Canadians and World Citizens
Bioweapons, Dangerous Vaccines, and Threats of a Global Pandemic
Investigation of Baxter Vaccine by New Zealand Minister of Health
American Investigative Journalist: Swine Flu Is An Engineered Virus
Journalist Files Charges against WHO and UN for Bioterrorism and Intent to Commit Mass Murder
Medical Emergency in Buenos Aires Raises Pandemic Concerns!
Swine Flu Cultured in Lab? WHO Probes Claim
Baxter Expects To Deliver A/H1N1 Vaccine To WHO By July
1976 Swine Flu Vaccination Propaganda and The Side Effects
Is Swine Flu A Biological Weapon?
Swine Flu Epidemic & Avianized Flu Pandemic
Pandemic Flu: Something Wicked This Way Comes!
Previous Swine Flu Outbreak Originated At Fort Dix!
Mexican Swine Flu – An Advanced Biowar Event ?
Alex Jones: Swine Flu Pandemic
Swine Flu Was “Cultured In A Laboratory” !
Do Not Take A Swine Flu Vaccine!
Live Avian Flu Virus Placed in Baxter Vaccine Materials Sent to 18 Countries
Flashback: Homeless People Die After Bird Flu Vaccine Trial in Poland
Alex Jones – Weaponized Avian Flu ?
US Air Force Study Suggests 2009 Influenza Pandemic in 1996
Is the World Heading Towards Pandemic Avian Flu ?
Bayer Exposed (HIV Contaminated Vaccine)!
Plans for Mass Graves Confirmed: Government Surveying Cemetery Readiness for Flu Outbreak
Avian Flu, Population Control, H5N1, Biological Warfare
The Pentagon’s Alarming Project: Avian Flu Biowar Vaccine!
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New Procedure Removes Need for Open Heart Surgery
- Always great to see the the inventiveness of man employed for the greater good of mankind. It is much better than seeing the greed of banksters with their fraudulent finance scamming the country. The Telegraph UK reports :
A pioneering procedure which removes the need for risky open heart surgery on patients with valve problems has been performed for the first time in Britain.
Surgeons can now repair leaking heart valves by passing a tiny 20cm long wire down the jugular vein, which sees patients discharged just a day after the operation. Doctors at Papworth Hospital in Cambridge performed the first UK procedure last week, part of the Evolution II clinical research trial.
Led by Papworth’s consultant cardiologist Dr Michael O’Sullivan, the procedure takes place while the patient is awake. It is hoped that the process can cure mitral valve regurgitation, a condition which causes blood to wash backwards as weak heart valves fail to keep blood pumping in the right direction.
Dr O’Sullivan, who carried out the first procedure with his colleague Dr Peter Schofield, said the operation had huge potential. He said: “This new approach is the first type of treatment of its kind in this country and is a brilliant, minimally invasive way of helping patients with leaking valves.
“Whilst it must be emphasised that this is a new technique, and will not be suitable for everyone, the early results with this device have been very promising. “While open-heart surgery is still effective it does have its risks and puts you out of operation for months – with this we can have you back on your feet the next day.”
The procedure works by passing the metal device, made of nitinol, a metal that changes size at body temperature, through a five millimetre incision in the neck. The nitinol device, known as a MONARC, is then passed down the jugular vein into the coronary sinus, a vein that runs around the surface of the heart and around the valve. Once in position the device, consisting of two metal anchors which hold it in place and separated by a bridge, is designed to gradually shorten as it changes temperature in the body.
Doctors say that after a period of six weeks the metal will gradually contract, slowly reshaping the valve, stopping blood leakage – and after two years making the valve as good as new.
Leaking heart valves are a common problem for three per cent of the adult population in the UK and are commonly caused by high blood pressure. The valve defect known as mitral valve regurgitation occurs when the valves which keep blood flowing through the hearts chambers stop working properly. If the valve does not close properly, it will allow blood to leak backwards and when this happened it is known as valve incompetence or regurgitation. This can cause extra strain on the heart causing it to become increasingly less effective eventually leading to heart failure and even death.
Papworth is one of three centres in the UK taking part in this trial and the first patient, a gentleman from Norfolk, is responding well after returning home the following day. Cathy Ross, a senior cardiac nurse at the British Heart Foundation said they welcomed the new procedure which could save thousands of lives. She said: “Open heart surgery is complex and can put huge strain on the heart which is problematic because most people who need this operation are older people.
“Open heart basically involves stopping a heart and keeping it pumping on a machine which is very stressful and if this can alleviate that then it is only a good thing.” More than 30,000 people have heart surgery in the UK every year and 95 out of every 100 surgeries are without complications and are totally successful.
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Swiss Banks Running Out Of Storage Space For Gold Bullion
- The great physical gold rush is real. Gold prices should be alot higher but for the manipulation of the paper gold futures market by the gold cartel. The good news is: it allows you to buy physical gold at an artificially depressed cheap price. But not for very long. Many savvy investors understand what gold is: The only REAL money. Fiat currencies are simply pieces of paper, government says is of value. Once the confidence in paper currencies like the USD collapses, and it will collapse, the game is up and gold will rocket higher dramatically. Mineweb reports :
In a note entitled No more space for Gold Bars, Swiss news website 20 Minuten Online reports that Swiss banks are running out of secure storage space for gold bullion held by investors and institutions. Fears of hyperinflation, the economic downturn and the success of gold index funds (ETFs), which are supported by physical gold, has led to a run on precious metals investment – and in gold in particular, and in the necessary secure storage space in which to hold it..
One Swiss bank, earlier this year, reported that it was having to relocate some of its stored silver bullion to another site to make room for gold. The Zurich Kantonal bank put this down to the success of its gold ETF.
The website reports another Swiss investment banker despairing “We have the need to store more gold for our clients but are finding it difficult to find secure storage facilities”. Gold storage makes high demands on security which is what is making the gold holding task more difficult. Few banks will divulge exactly where their gold is stored for security reasons.
Another banker reported that his bank still had space but that it is beginning to run out. Some of the problems are being handled by improving the storage systems in existing space. As one banker commented “A 12.5 kilo gold bar only occupies about the same amount of space as a tetrapak of milk”.
While the big U.S. based ETF, the SPDR Gold Trust has recently seen a relatively small decline in its gold holdings with some investors seeking better returns in the markets, the ever-cautious Swiss seem to be seeing continuing growth in locally managed ETFs. A recent report noted that Swiss Bank, Julius Baer, for example, was still seeing a 3.3% growth in its gold ETF in the current week. And even though the Swiss Central Bank has been selling gold via the Central Bank Gold Agreement, it still holds 38% of its foreign exchange reserves in the yellow metal.
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11 Year Old School Girl Catches 9 Feet Long, 193 Pound CatFish !
Jessica Wanstall with the 9ft-long, 14 stone catfish she caught during a trip to Spain's River Ebro
- This is a world record for a freshwater fish caught by an angler aged 16 and under. The Daily Mail UK reports :
Jessica, from Sittingbourne, Kent, hooked the fish during a trip with her father to the Ebro River in North-East Spain. She said: ‘I didn’t realise just how big it was until I saw the photos afterwards. I look tiny next to it.
‘My dad thought it was going to be a small one and I told him it didn’t feel small when I picked up the rod. It was really hard work pulling it in and my arms turned to jelly.
‘My dad helped lift it on to the bank and I just laughed when I saw it. It was massive.’ Her father Mark, a 49-year-old engineer, helped return the catfish to the river after his daughter’s triumph was photographed. He said: ‘Jessica normally catches tiddlers but just loves a day’s fishing.
‘As the fish got near we could see how big it was. Then its tail came out of the water and it looked like the Loch Ness Monster. Everybody on the bank was gasping. I’m so proud of her.’ And so he should be.
According to the International Game Fish Association, Jessica has set a world record for a freshwater fish caught by an angler aged 16 and under.
‘Her catfish easily outweighs the previous record – a 120lb Nile perch caught at Murchison Fall, Uganda, in July 2000,’ a spokesman said.
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Experts Want New 9/11 investigation
- See also :
Jesse Ventura: They Spent $100M Investigating Clinton But Only $4M On 9/11!
Professor Harrit: WTC Buildings Were Brought Down By Controlled Demolition
Official 7/7 London Bombing Account is a Complex and Contradictory Series of Lies!
New 7/7 Bombing Photo Contradicts Official Story
9/11 FLIR Infrared Camera proves NIST and 9/11 Commission Lies
Major General (Ret) Albert N. Stubblebine: Official Version of 9/11 is a Fraud!
29 Structural & Civil Engineers Cite Evidence for Controlled Explosive Demolition in Collapses of All 3 WTC High-Rises on 9/11
Major 9/11 Truth Breakthrough KBDI Denver Airs 9/11 Press for Truth
9/11 Blueprint for Truth
Ex-Italian President: 9/11 Was CIA/Mossad Operation
Danish Scientist Niels Harrit: Nano Thermite (Explosives) in the WTC Dust !
Active Thermitic Material Discovered in Dust from the 9/11 World Trade Center Catastrophe
Medical Professionals for 9/11 Truth
Political Leaders for 9/11 Truth
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U.S. Dollar at Risk of Unraveling
- The USDX (US Dollar Index) is about to test 78 and move to 72 rapidly. By August we will see it. The question is when it will break the 72 level and head to 52 (ie a approx 30% devaluation). My feeling is the accursed month of October again! Guy Lerner advises :
I discussed the significance of this pattern in the June 19 article, “Very Dangerous Time For Dollar Index”. Essentially, this is a very ominous price pattern that portends a high likelihood of a major down draft for the Dollar Index. A weekly close below the third pivot point at 79.46 would make this pattern valid.
If the Dollar Index were to be set on a downward spiral, I think the biggest beneficiaries would be long term Treasury yields and gold. I have been “pounding the table” for higher Treasury yields for months, and this might be another tailwind that sets that ship in motion. Gold has been on the launching pad for a significant and sustainable move in either direction for months, and the Dollar’s downdraft might be the thrust to launch gold higher.
….
As far as equities are concerned, a lower Dollar will float all boats. Just look at today’s price action. All assets -except bonds – are higher. However, it is all relative as higher equity prices in the face of a lower Dollar doesn’t really get you anywhere. No country has ever devalued its way to prosperity. Commodity based economies (i.e., Canada, Brazil, South Africa, and Australia) should outperform non-commodity dependent economies. Furthermore, a lower Dollar will keep the inflation debate -real or perceived – on the front burner, and this will be a definite headwind for equities. In sum, a lower Dollar should benefit Treasury yields and commodities more than equities.
end
About
Societal and economics observer and commentator with an endtimes, future history perspective. Follow me at Twitter: socioecohistory
