Socio-Economics History Blog

Socio-Economics & History Commentary

China to Hold Naval Drills to Counter US-SKorean Moves! China Military Denies Exercise Aimed At U.S. !

  • War can break out in the Korean peninsula at any time. I do not believe the sinking of the warship Cheonan was done by North Korea. It was another false flag incident by the American Illuminist war power. China is quite obviously countering the S. Korea-US naval moves. Any ‘accidental’ miscalculation and it is war between US and China.
     
    China to hold naval drills to counter US-SKorean moves
    In a move that could escalate tensions in the surcharged Korean peninsula, China said its military forces would kick-off live ammunition exercises in East China Sea from Wednesday in an apparent response to a joint naval manoeuvre between US and South Korea.
     
    “The People’s Liberation Army (PLA) of China will launch a six-day, live ammunition drill starting on Wednesday in the East China Sea, a move that analysts said is in response to a joint exercise between the
    United States and Republic of Korea (ROK) navies in the Yellow Sea,” state run China Daily said Tuesday. East China Sea is off the coast of one of China’s main cities Shanghai facing the Korean peninsula and Japan.
     
    China military denies exercise aimed at U.S
    The Chinese military denied media reports that an artillery drill in the East China Sea was a rebuke of a planned military exercise between South Korea and the United States.
      
    Analysts and a military officer said the live ammunition exercise starting on Wednesday that will close off parts of the East China Sea off China’s coast over six days were routine and the timing was coincidental. “The PLA artillery exercise in the East China Sea and the joint U.S.-
    South Korea exercise in the Yellow Sea are a complete coincidence,” Li Daguang, a professor at China’s National Defense University told the Wen Wei Po, a Hong Kong newspaper under mainland control. “The outside world shouldn’t read anything into this.”
     
    Li, a People’s Liberation Army (PLA) officer, said the firing exercise was a routine one and “not aimed at the U.S.-
    South Korea joint exercise.” But the China Daily, the country’s official English-language newspaper, said some analysts saw the announcement of the exercise as a “response to a joint exercise between the United States and Republic of Korea navies in the Yellow Sea.”

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June 30, 2010 Posted by | GeoPolitics | , , , | Comments Off on China to Hold Naval Drills to Counter US-SKorean Moves! China Military Denies Exercise Aimed At U.S. !

CNN: Almost All Exxon Valdez Cleanup Crew Dead !

June 30, 2010 Posted by | Disaster | , | Comments Off on CNN: Almost All Exxon Valdez Cleanup Crew Dead !

Salbuchi – The Well From Hell !

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Iran is Surrounded by US Troops in 10 Countries! USS Carrier Harry Truman Now Officially Just Off Iran, As Israel Allegedly Plotting An Imminent Tehran Raid !

  • It is really a matter of time before the attack on Iran begins. This will start the greater middle east war to fulfil the Satanic World War 3 Plan. There is no real reason to attack Iran. They are not a threat to America or Israel. 
     
    Iran is Surrounded by US Troops in 10 Countries
    Iran literally is surrounded by American troops, notes an oil market analyst, Energy and Capital editor Christian A. DeHaemer. There is no evidence of an imminent attack, but he connects a number of recent events and the presence of American soldiers to warn that oil prices might soar — with or without a pre-emptive strike aimed at stopping Iran’s nuclear power ambitions.
     
    Iran is bordered on the east by Pakistan and Afghanistan, where U.S. troops have been waging a costly war, in terms of money and lives, against Taliban, Al-Qaeda and other terrorists. The Persian Gulf is on Iran’s southern border, and last week’s report, confirmed by the Pentagon, that
    11 warships had sailed through the Suez Canal, raised alarm bells that the U.S. is ready to fight to keep the Persian Gulf open.
     
    USS Carrier Harry Truman Now Officially Just Off Iran, As Israel Allegedly Plotting An Imminent Tehran Raid
    As we first reported last week, in an article that was met with much original skepticism, the Pentagon has now confirmed that a fleet of 12 warships has passed the Suez Canal, and is now likely awaiting orders to support the escalation in the Persian Gulf. The attached image from Stratfor shows the latest positioning of US aircraft carrier groups as of June 23: the USS Harry Truman (CVN-75) is now right next to USS Eisenhower (CVN 69), both of which are waiting patiently just off Iran.
      …..
    As for the catalyst the two carriers may be anticipating, we provide the following update from the
    Gulf Daily News where we read that Israel may be on the verge of an attack of Iran, with an incursion originating from military bases in Azerbaijan and Georgia. 
     
    Israel is massing warplanes in the Caucasus for an attack on Iran, it was revealed yesterday.
    Preparations are underway to launch the military attack from Azerbaijan and Georgia, reports our sister paper Akhbar Al Khaleej, quoting military sources.
       ….
    Azerbaijan-based intelligence units, working under the cover of technicians, trainers and consultants, have helped with the preparations, the sources said. Military equipment, mostly supplied by the US, was transported to a Georgian port via the Black Sea.
     
    Georgian coastguard and Israeli controllers are co-operating to hide the operations from Russian vessels, said the sources.
     
    They point out that according to Israel, it will not be in a position to launch a strike on Iran without using bases in Georgia and Azerbaijan due to the limited capabilities of its nuclear submarines stationed near the Iranian coast.
     
    Meanwhile, Iran’s Press TV reported that a very large contingent of US ground forces had massed in Azerbaijan, near the Iranian border. The independent Azerbaijani news website Trend confirmed the report.

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June 30, 2010 Posted by | GeoPolitics | , , , , | 2 Comments

Chomsky Says “Sheer Criminal Aggression” Israel’s Attack on Gaza Flotilla, “No Credible Pretext”!

  • Sick of the BS propaganda that passes off as news? I am. The Zionist Synagogue of Satan is not going to get away with genocide and ethnic cleansing!
     
    Israeli Government Releases Blueprint For East Jerusalem ‘Master Plan’ Including Expulsion Of Arabs 
    Expanding on the Jerusalem master plans of 2006 and 2008, the Jerusalem Planning Committee of the Israeli Ministry of the Interior has released the text of a new ‘master plan’ which they are scheduled to approve in the coming weeks.
     
    The plan includes the large-scale expulsion of Palestinians from East Jerusalem, to be replaced by Jewish neighborhoods and tourism centers. Even areas that had been previously designated as ‘green areas’, such as places like Ir David, in order to justify the expulsion of Palestinians from their homes in those areas, have been re-designated as Jewish settlements in the new Jerusalem master plan.
     
    The plan is subject to a public comment period of 60 days, after which it will go into effect and the Israeli government will implement all parts of the plan. Impacted Palestinians have no say, however, as they are unrepresented in the Israeli government or planning process.
     
    The new Jerusalem master plan flies in the face of previous tentative steps taken by the Israeli government toward a partial settlement freeze, instead vastly expanding Jewish settlements on Palestinian land. The U.S. government had requested a settlement freeze last year, but then backed off from this request after the Israeli government refused to adhere.
      
    Most of the planned development will take place in East Jerusalem, which is where the majority of Jerusalem’s Palestinian residents live. In addition, this area is east of the ‘Green Line’, which was the border set between Israel and Palestine in 1967. Palestinian and Israeli human rights groups point out that this planned expansion violates international law and signed agreements with the Palestinians, as well as the ‘road map’, prepared as part of the peace process in 2000.

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June 30, 2010 Posted by | Economics | 2 Comments

RBS: Prepare for ‘Monster’ Money-Printing by the Federal Reserve!

  • I concur with the opinion. The FedRes will go into monster QE mode. There is little choice. Their doctrine of easy money, excessive credit and over consumption will rule. The choice of monster money printing is the easiest way out for the snakes-politicians.
     
  • I doubt they will be able to rein in inflation though. The USD will be destroyed by hyper-inflation. With it, all the debts owed will ‘disappear’. All the fiscally prudent savers will be screwed. Be warned: keeping fiat currency cash is a bad mistake in times like these. Buy and hold physical gold and silver. Ambrose Evans-Pritchard writes:
      
    As recovery starts to stall in the US and Europe with echoes of mid-1931, bond experts are once again dusting off a speech by Ben Bernanke given eight years ago as a freshman governor at the Federal Reserve.
      
    Entitled “Deflation: Making Sure It Doesn’t Happen Here“, it is a warfare manual for defeating economic slumps by use of extreme monetary stimulus once interest rates have dropped to zero, and implicitly once governments have spent themselves to near bankruptcy.
     
    The speech is best known for its irreverent one-liner: “The US government has a technology, called a printing press, that allows it to produce as many US dollars as it wishes at essentially no cost.”
      
    Bernanke began putting the script into action after the credit system seized up in 2008, purchasing $1.75 trillion of Treasuries, mortgage securities, and agency bonds to shore up the US credit system. He stopped far short of the $5 trillion balance sheet quietly pencilled in by the Fed Board as the upper limit for quantitative easing (QE).
     
    Investors basking in Wall Street’s V-shaped rally had assumed that this bizarre episode was over. So did the Fed, which has been shutting liquidity spigots one by one. But the latest batch of data is disturbing. The ECRI leading indicator produced by the Economic Cycle Research Institute plummeted yet again last week to -6.9, pointing to contraction in the US by the end of the year. It is dropping faster that at any time in the post-War era.
     
    The latest data from the CPB Netherlands Bureau shows that world trade slid 1.7pc in May, with the biggest fall in Asia. The Baltic Dry Index measuring freight rates on bulk goods has dropped 40pc in a month. This is a volatile index that can be distorted by the supply of new ships, but those who watch it as an early warning signal for China and commodities are nervous.
      
    Andrew Roberts, credit chief at RBS, is advising clients to read the
    Bernanke text very closely because the Fed is soon going to have to the pull the lever on “monster” quantitative easing (QE)”. “We cannot stress enough how strongly we believe that a cliff-edge may be around the corner, for the global banking system (particularly in Europe) and for the global economy. Think the unthinkable,” he said in a note to investors.
     
    Roberts said the Fed will shift tack, resorting to the 1940s strategy of capping bond yields around 2pc by force majeure said this is the option “which I personally prefer”. A recent paper by the San Francisco Fed argues that interest rates should now be minus 5pc under the bank’s “rule of thumb” measure of capacity use and unemployment. The rate is currently minus 2pc when QE is factored in. You could conclude, very crudely, that the Fed must therefore buy another $2 trillion of bonds, and even more if Europe’s EMU debacle goes from bad to worse. I suspect that this hints at the Bernanke view, but it is anathema to hardliners at the Kansas, Richmond, Philadephia, and Dallas Feds.
     
    Societe Generale’s uber-bear Albert Edwards said the Fed and other central banks will be forced to print more money whatever they now say, given the “stinking fiscal mess” across the developed world. “The response to the coming deflationary maelstrom will be additional money printing that will make the recent QE seem insignificant,” he said.
      ……
    It is sobering that zero rates, QE a l’outrance, and an $800bn fiscal blitz should should have delivered so little. Just as it is sobering that Club Med bond purchases by the European Central Bank and the creation of the EU’s €750bn rescue “shield” have failed to stabilize Europe’s debt markets. Greek default contracts reached an all-time high of 1,125 on Friday even though the €110bn EU-IMF rescue is up and running.
      ….
    Clearly we are nearing the end of the “Phoney War”, that phase of the global crisis when it seemed as if governments could conjure away the Great Debt. The trauma has merely been displaced from banks, auto makers, and homeowners onto the taxpayer, lifting public debt in the OECD bloc from 70pc of GDP to 100pc by next year. As the Bank for International Settlements warns, sovereign debt crises are nearing “boiling point” in half the world economy.
     
    Fiscal largesse had its place last year. It arrested the downward spiral at a crucial moment, but that moment has passed. There is a time to love and a time to hate, a time for war and a time for peace. The Krugman doctrine of perma-deficits is ruinous – and has in fact ruined Japan. The only plausible escape route for the West is a decade of fiscal austerity offset by helicopter drops of printed money, for as long as it takes.
       ….
    We are much nearer the tipping today. The M3 money supply has contracted by 5.5pc over the last year, and the pace is accelerating: the ‘trimmed mean’ index is now 0.6pc on a six-month basis, the lowest ever. America is one twist shy of a debt-deflation trap.
     
    There is no doubt that the Fed has the tools to stop this. “Sufficient injections of money will ultimately always reverse a deflation,” said Bernanke. The question is whether he can muster support for such action in the face of massive popular disgust, a Republican Fronde in Congress, and resistance from the liquidationsists at the Kansas, Philadelphia, and Richmond Feds. If he cannot, we are in grave trouble.

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June 28, 2010 Posted by | Economics | , , , , , , , , , , | 1 Comment

Bob Chapman: The Elite Are Buying Private Greek Islands for Pennies From Debt-Stricken Greece!

June 28, 2010 Posted by | Disaster, Economics, GeoPolitics | , , , , , , , , , , , , , | Comments Off on Bob Chapman: The Elite Are Buying Private Greek Islands for Pennies From Debt-Stricken Greece!

The BP “Gulf Syndrome”: Benzene and Corexit Poisoning!

  • Why is BP using poisonous neurotoxic dispersant Corexit for the Gulf oil spill? Are they trying to solve the problem or create a bigger problem? The dispersant will not solve the oil spill problem. It will only make it less visible. That is all: disperse the oil into smaller droplets! With hurricane season upon us, God help the Gulf coast residents!
     
    Video: The BP “Gulf Syndrome”: Benzene and Corexit Poisoning
    BP is gassing Gulf Coast residents with poisonous Benzene and Corexit dispersants at dangerously high levels in the largest U.S. domestic military operation to date. The military and FEMA are engaged in Emergency Plans for 36 urban areas from Texas to Florida due to the unstoppable Gulf oil volcano the size of Mt. Everest, as WMR reports, indicating evacuations. Some people are advised to relocate now. (See Parts III and IV)
     
    Satellite imagery that Obama’s administration withheld shows “under the gaping chasm spewing oil at an ever-alarming rate is a cavern estimated to be
    around the size of Mount Everest. This information has been given an almost national security-level classification to keep it from the public,” writes Wayne Madsen.
     
    Human suffering in the Gulf is increasing from the world’s latest and largest toxic oil kill as BP lies and government remains silent about the human health risks. Most immediately damaging of the operation’s withheld information pertains to toxins breathed since the explosion.
     
    Southerners reporting illnesses with symptoms reflecting Benzene and Corexit poisoning have had to face some leaders suggesting the cause to be mental illness, “stress”, while others, such as
    BP chief Tony Hayward, blamed the illness on rotten food.
     
    Hayward is the
    guy who sold his £1.4 million shares in BP one month before the Gulf “spill.” This in turn caused a collapse of value and a saving to him of over £423,000 when BP’s share price plunged after its predicted destruction in the gulf according to the Telegraph. (Since Hayward’s pay package of £4 million a year had been insufficient, cashing out enabled him to pay off the mortgage on his family’s mansion in Kent.) 
     
    No monitors, no dispersant toxicity studies
    Other life-risking withheld information is that chemicals released have not been monitored. WMR colleague John Caylor, a Gulf Coast resident,
    reported, “BP and the U.S. Environmental Protection Agency (EPA), which have stated that several hundred air quality monitors have been deployed around the Florida and Alabama coasts and have not detected any benzene levels that would be harmful to human health, are lying.” (WMR, EPA and media lying about air monitors on Gulf coast, June 7-8, 2010)
     
    A senior news source at WEAR-TV, ABC’s affiliate in Pensacola told Caylor that “there are no air quality monitors that have been deployed along the coastal bays and inlets by either BP or the EPA. The station sent reporters out to check on the monitors and discovered they were non-existent.” (Emphasis added)
     
    “ABC News network out of New York and CNN are echoing the BP and Obama administration’s lines that the air quality is being monitored and is perfectly safe,” wrote Caylor. WWL TV reports monitors  are  being now used in south Louisiana. (See video #2 below)
     
    The spewing oil and dispersant chemicals are toxic enough for so many people to become ill, evacuation would be required, especially before a hurricane blows the lethal cocktail over more Southerners. Hurricane season 2010,
    anticipated to be highly active and strong, will bring the oil and ipersant chemicals further inland, impacting health of too many people to be ignored. Already, even mainstream news reports 70 people in Louisiana have been admitted to hospital with symptoms of toxic poisoning. New Orleans area officials have urged people without means to evacuate before a hurricane to register now.
     
    “Get a game plan now,” WWL reported.
     
    Corexit and Benzene Gulf gas combo effects
    On May 1, two U.S. Department of Defense
    C-130 Hercules aircraft were employed to spray oil dispersant, Corexit EC9500A and Corexit EC9527A. Dispersant information, however, was “kept secret under competitive trade laws.”
     
    The stated purpose of using more chemicals on the chemical spill was “to break up the oil into tiny droplets that sink and can be more readily dispersed by ocean currents, to diminish the oil’s effect on sea life and shore habitats.” (New York Times,
    BP and EPA Skirmish Over Oil Dispersant, May 24, 2010) Mother Nature’s non-chemical, safe, effective bio-remediation method (see Youtube below) of disposing of the oil was dismissed. Safe and effective solutions for human and environmental survival are not part of the agenda.
      
    Material Safety Data Sheets (MSDS) “Fact sheets” page for Nalco’s Corexit has pdfs available for “Dispersant Type 1,” Corexit 9500 (PDF); and “Dispersant Type 2,” Corexit 9527A (PDF). Tom Philpott of Grist, who found that these product numbers matched those identified unofficially by his sources, writes,
     
    “The data sheets for both products contain this shocker: ‘No toxicity studies have been conducted on this product” — meaning testing their safety for humans and both data sheets include the warning ‘human health hazards: acute.'” 
     
    (As Philpott reported, the MSDS for Corexit 9527A states
     
    ‘excessive exposure may cause central nervous system effects, nausea, vomiting, anesthetic or narcotic effects,’ and ‘repeated or excessive exposure to butoxyethanol [an active ingredient] may cause injury to red blood cells (hemolysis), kidney or the liver.’
     
    ‘”Prolonged and/or repeated exposure through inhalation or extensive skin contact with EGBE [butoxyethanol] may result in damage to the blood and kidneys.'”
     
    The solvents 2-Butoxyethanol and petroleum distillate appear “most dangerous,” writes Philpott, but these chemicals continue to be saturating water and air.
     

    …. to continue reading click here!

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June 28, 2010 Posted by | Disaster | , | 1 Comment

Bio-Remediation: Oil Eating Microbes! The Safe And Effective Oil Spill Solution!

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Chossudovsky on G8: Austerity = Collapse!

June 28, 2010 Posted by | Economics, GeoPolitics | , , , | Comments Off on Chossudovsky on G8: Austerity = Collapse!

Exposing Zionist Israel !

Exodus 22:21
“You shall neither mistreat a stranger nor oppress him, for you were strangers in the land of Egypt.
Exodus 23:9

“Also you shall not oppress a stranger, for you know the heart of a stranger, because you were strangers in the land of Egypt.
Leviticus 19:33
‘And if a stranger dwells with you in your land, you shall not mistreat him.’ 
Leviticus 19:34
The stranger who dwells among you shall be to you as one born among you, and you shall love him as yourself; for you were strangers in the land of Egypt: I am the LORD your God.  
Leviticus 23:22
‘When you reap the harvest of your land, you shall not wholly reap the corners of your field when you reap, nor shall you gather any gleaning from your harvest. You shall leave them for the poor and for the stranger: I am the LORD your God.’” 
Leviticus 24:22
You shall have the same law for the stranger and for one from your own country; for I am the LORD your God.’”

Revelation 2:9 - .... and I know the blasphemy of those who say they are Jews and are not, but are a synagogue of Satan.

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June 28, 2010 Posted by | GeoPolitics, History | , , , , , , | 5 Comments

Kindra Arnesen On Site Gulf Oil Spill Experience! ‘These People Are Poisoning All The People I Have Ever Loved …. They Are Not Cleaning It Up They Are Covering It Up!’

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Gulf Oil Spill Reaches Destin Beach Florida!

June 28, 2010 Posted by | Disaster | , | 1 Comment

Steve Quayle: Financial Armageddon, Economic Collapse, Gold & The Gulf Oil Spill !

Vodpod videos no longer available.

June 26, 2010 Posted by | Disaster, Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , | Comments Off on Steve Quayle: Financial Armageddon, Economic Collapse, Gold & The Gulf Oil Spill !

Deepwater Horizon Oil Disaster U.S.A 2010!

June 26, 2010 Posted by | Disaster | | Comments Off on Deepwater Horizon Oil Disaster U.S.A 2010!