FedUpUSA

Archive for the ‘Politics’ Category

Our world is changing at a pace that is so staggering these days that it can be really hard to fully grasp the significance of what we are witnessing.  Hopefully the collection of random facts below will help you to “connect the dots” just a little bit.  On one level, the facts below may not seem related.  However, what they all do have in common is that they show just how much the United States has fundamentally changed.  Do you ever just sit back and wonder what in the world has happened to America?  The truth is that the America that so many of us once loved so much has been shattered into a thousand pieces.  The “land of the free and the home of the brave” has been transformed into a socialized Big Brother nanny state that is oozing with corruption and has accumulated the biggest mountain of debt in the history of the world.  The greatest economic machine that the world has ever seen is falling apart before our very eyes, and even when our politicians actually try to do something right (which is quite rare) the end result is still a bunch of garbage.  For those who still love this land (and there are a lot of us) it is heartbreaking to watch America slowly die. 

The following are 50 random facts that show just how dramatically America has changed….

#50) A new report released by the United Nations is publicly calling for the establishment of a world currency and none of the major news networks are even covering it.

#49) The state of California is so broke that Arnold Schwarzenegger has ordered California State Controller John Chiang to reduce state worker pay for July to the federal minimum allowed by law — $7.25 an hour for most state workers.

#48) A police officer in Oklahoma recently tasered an 86-year-old disabled grandma in her bed and stepped on her oxygen hose until she couldn’t breathe because they considered her to be a “threat”.

#47) In early 2009, U.S. net national savings as a percentage of GDP went negative for the first time since 1952, and it has continued its downward trend since then.

#46) Corexit 9500 is so incredibly toxic that the UK’s Marine Management Organization has completely banned it, so if there was a major oil spill in the North Sea, BP would not be able to use it.  And yet BP has dumped over a million gallons of dispersants such as Corexit 9500 into the Gulf of Mexico.

#45) For the first time in U.S. history, more than 40 million Americans are on food stamps, and the U.S. Department of Agriculture projects that number will go up to 43 million Americans in 2011.

#44) It has come out that one employee used a Federal Emergency Management Agency credit card to buy $4,318 in “Happy Birthday” gift cards.  Two other FEMA officials charged the cost of 360 golf umbrellas ($9,000) to the taxpayers.

#43) Researchers at the State University of New York at Buffalo received $389,000 from the U.S. government to pay 100 residents of Buffalo $45 each to record how much malt liquor they drink and how much pot they smoke each day.

#42) The average duration of unemployment in the United States has risen to an all-time high.

#41) The bottom 40 percent of all income earners in the United States now collectively own less than 1 percent of the nation’s wealth.

#40) In the U.S., the average federal worker now earns about twice as much as the average worker in the private sector.

#39) Back in 1950 each retiree’s Social Security benefit was paid for by 16 workers.  Today, each retiree’s Social Security benefit is paid for by approximately 3.3 workers.  By 2025 it is projected that there will be approximately two workers for each retiree.

#38) According to a U.S. Treasury Department report to Congress, the U.S. national debt will top $13.6 trillion this year and climb to an estimated $19.6 trillion by 2015.

#37) The federal government actually has the gall to ask for online donations that will supposedly go towards paying off the national debt.

#36) The Cactus Bug Project at the University Of Florida was allocated $325,394 in economic stimulus funds to study the mating decisions of cactus bugs.

#35) A dinner cruise company in Chicago got nearly $1 million in economic stimulus funds to combat terrorism.

#34) It is being reported that a 6-year-old girl from Ohio is on the “no fly” list maintained by U.S. Homeland Security.

#33) During the first quarter of 2010, the total number of loans that are at least three months past due in the United States increased for the 16th consecutive quarter.

#32) According to a new report, Americans spend twice as much as residents of other developed countries on healthcare, but get lower quality and far less efficiency.

#31) Some experts are warning that the cost of bailing out Fannie Mae and Freddie Mac could reach as high as $1 trillion.

#30) The FDA has announced that the offspring of cloned animals could be in our food supply right now and that there is nothing that they can do about it.

#29) In May, sales of new homes in the United States dropped to the lowest level ever recorded.

#28) In 1950, the ratio of the average executive’s paycheck to the average worker’s paycheck was about 30 to 1.  Since the year 2000, that ratio has ranged between 300 to 500 to one.

#27) Federal border officials recently said that Mexican drug cartels have not only set up shop on American soil, they are actually maintaining lookout bases in strategic locations in the hills of southern Arizona.

#26) The U.S. government has declared some parts of Arizona off limits to U.S. citizens because of the threat of violence from Mexican drug smugglers.

#25) According to the credit card repayment calculator, if you owe $6000 on a credit card with a 20 percent interest rate and only pay the minimum payment each time, it will take you 54 years to pay off that credit card.  During those 54 years you will pay $26,168 in interest rate charges in addition to the $6000 in principal that you are required to pay back.

#24) According to prepared testimony by Goldman Sachs Chief Operating Officer Gary Cohn, Goldman Sachs shorted roughly $615 million of the collateralized debt obligations and residential mortgage-backed securities the firm underwrote since late 2006.

#23) The six biggest banks in the United States now possess assets equivalent to 60 percent of America’s gross national product.

#22) Four of the biggest U.S. banks (Goldman Sachs, JPMorgan Chase, Bank of America and Citigroup) had a “perfect quarter” with zero days of trading losses during the first quarter of 2010.

#21) 1.41 million Americans filed for personal bankruptcy in 2009 – a 32 percent increase over 2008.

#20) BP has hired private security contractors to keep the American people away from oil cleanup sites and nobody seems to care.

#19) Barack Obama is calling for a “civilian expeditionary force” to be sent to Afghanistan and Iraq to help overburdened military troops build infrastructure.

#18) On June 18th, two Christians decided that they would peacefully pass out copies of the gospel of John on a public sidewalk outside a public Arab festival in Dearborn, Michigan and within 3 minutes 8 policemen surrounded them and placed them under arrest.

#17) It is being reported that sales of foreclosed homes in Florida made up nearly 40 percent of all home purchases in the first part of this year.

#16) During a recent interview with Larry King, former first lady Laura Bush revealed to the world that she is actually in favor of legalized gay marriage and a woman’s “right” to abortion.

#15) Scientists at Columbia University are warning that the dose of radiation from the new full body security scanners going into airports all over the United States could be up to 20 times higher than originally estimated.

#14) 43 percent of Americans have less than $10,000 saved for retirement.

#13) The FDIC’s deposit insurance fund now has negative 20.7 billion dollars in it, which represents a slight improvement from the end of 2009.

#12) The judge that BP is pushing for to hear an estimated 200 lawsuits on the Gulf of Mexico oil disaster gets tens of thousands of dollars a year in oil royalties and is paid travel expenses to industry conferences.

#11) In recent years the U.S. government has spent $2.6 million tax dollars to study the drinking habits of Chinese prostitutes and $400,000 tax dollars to pay researchers to cruise six bars in Buenos Aires, Argentina to find out why gay men engage in risky sexual behavior when drunk.

#10) U.S. officials say that more than three billion dollars in cash (much of it aid money paid for by U.S. taxpayers) has been stolen by corrupt officials in Afghanistan and flown out of Kabul International Airport in recent years.

#9) According to a report by the U.S. Department of Transportation’s Bureau of Transportation Statistics, the baggage check fees collected by U.S. airlines shot up 33% in the first quarter of 2010 to $769 million.

#8) Three California high school students are fighting for their right to show their American patriotism - even on a Mexican holiday - after they were forced to remove their American flag T-shirts on Cinco de Mayo.

#7) Right now, interest on the U.S. national debt and spending on entitlement programs like Social Security and Medicare are somewhere in the neighborhood of 10 to 15 percent of GDP.  By 2080, they are projected to eat up approximately 50 percent of GDP.

#6) The total of all government, corporate and consumer debt in the United States is now about 360 percent of GDP.

#5) A 6-year-old girl was recently handcuffed and sent to a mental facility after throwing temper tantrums at her elementary school.

#4) In Florida, students have been arrested by police for things as simple as bringing a plastic butter knife to school, throwing an eraser, and drawing a picture of a gun.

#3) School officials in one town in Massachusetts are refusing to allow students to recite the Pledge of Allegiance.

#2) According to one new study, approximately 21 percent of children in the United States are living below the poverty line in 2010.

#1) Since 1973, more than 50 million babies have been murdered in abortion facilities across the United States.

The Economic Collapse

On Politics, Vandalism And Violence

Posted by Karl Denninger

Peggy continues:

The beehive was already angry about a million things a year ago, and most of those things, obviously, were not the fault of the administration. People are angry at their economic vulnerability. They are angry at the deterioration of our culture, angry at our nation’s deteriorating position in the world, at our debts and deficits, our spending and taxing, our threatened security in a world of weapons of mass destruction.

Oh I disagree that most of this was not the fault of the administration, if you include all administrations, past and present.  Nearly all of these things in fact are government’s fault.  Let’s take a look at a few:

• Scams and frauds by “powerful people.”  Take your pick, and start with the list of banksters who are under indictment or in prison for the collapse.  You don’t even need the fingers on one hand for that thus far, never mind that in 2004 the FBI issued a formal warning on mortgage fraud and the Federal Government actually sued to prevent States from enforcing their own anti-predatory lending laws.
• Pay disparity.  And no, we’re not talking about “the rich get richer”; I’m talking about how government employees are literal queens and kings compared to the private sector, as the story from which this table was taken in the Wall Street Journal shows:
  
• Government policies that have encouraged the destruction of private-sector jobs in the United States.  We can start with policy toward China (sponsoring them for the WTO, for example) but it does not end there.  The fact of the matter is that “globalism” never benefits the guys who have the higher standard of living – it always causes that standard of living to fall while the less-developed nation’s standard of living rises.
• Illegal immigration.  Illegal Mexican Invaders were and are allowed over the border by our government and contributed greatly to the housing boom.  But those same people both depress American’s wages (since they’re off-book and thus are abused in general, paying no taxes and working under prevailing wage levels) and impose costs on our system that legal immigrants and citizens are forced to bear.  The cause of this?  Government policy.  To those who say we can’t deport 20 million invaders, you’re right – but we can imprison anyone who hires one, we can build a physical fence, and we can post our military at the border with orders to shoot all invaders.  Let them leave when their job prospects go to zero, and put a hard stop to any more coming into the country.  We refuse to do any of the above because “big business” likes the cheap labor, along with, literally, our Speaker Of The House who, it is alleged, employs them on their family’s farms in California!

   

• Debts and deficits?  Who originates spending bills again?  That would be The House of Representatives.  $1.3 trillion annually in deficits over George W. Bush’s “war spending” for the last two years is about 9% of GDP – and is absolutely the responsibility of the government.  Every dollar of “debt and deficit” is the direct and proximate consequence of one thing and one thing only: government policy.
• Taxation?  Health Care Bill anyone?  Nor does it end there.  Let’s cut the crap in this regard – we could end this problem tomorrow with The Fair Tax.  But that puts the IRS out of business, it puts the Lobbying Interests on “K” Street out of business, and it prevents using the tax code as a social engineering tool.  Neither political party likes that.  Oh, and it can be advanced and passed tomorrow – it is and has been introduced legislation!

I agree with Peggy that Washington needs to quit poking the beehive with sticks.

But where I disagree is that in fact virtually everything that has made the bees in the hive angry are the direct and proximate consequence of government decisions, and that those decisions were and are both willful and intentional. 

Finally, unlike Peggy who claims that the government “doesn’t understand” that they’re raising the temperature I instead maintain that they simply don’t give a damn, driven by the refusal of anyone in Washington DC to ever utter three little words that are the prerequisite to solving any problem one faces: “I screwed up.“

Hope And Change’s Backlash

Posted by Karl Denninger

My only comment: Youtube appears to have taken this down several times, but it keeps reappearing.  I found several incantations along with people hosting the raw FLV file.

This appears to be created by some rather angry Democrats, and is one of the things I expected to start to see this year.

You better start listening to the people Washington.  Youtube is today’s version of handbills nailed to trees in the dark of night - in 1775.  Ripping down the handbills does not make them go away when the people are pissed – it makes them multiply and the people begin to consider that the first box of freedom – speech – may no longer be effective.

God forbid the path that could lead us toward.

Tonight (01/17/2010) we have Part II:

I got pushback on a post I put up yesterday critical of the health care reform bill from readers who pointed to the fact that folks like Paul Krugman and Al Franken were supporting it meant it must be at least OK.

Well, it isn’t, and don’t delude yourself into thinking that. Why did health insurance stocks rise to all time highs when the bill was passed?

This tidbit comes from reader Chuck S, and refers to the Senate version (the House version is pretty much certain to be made to conform to the Senate bill).

Top 10 Reasons to Kill Senate Health Care Bill

1. Forces you to pay up to 8% of your income to private insurance corporations — whether you want to or not.

2. If you refuse to buy the insurance, you’ll have to pay penalties of up to 2% of your annual income to the IRS.

3. Many will be forced to buy poor-quality insurance they can’t afford to use, with $11,900 in annual out-of-pocket expenses over and above their annual premiums.

4. Massive restriction on a woman’s right to choose, designed to trigger a challenge to Roe v. Wade in the Supreme Court.

5. Paid for by taxes on the middle class insurance plan you have right now through your employer, causing them to cut back benefits and increase co-pays.

6. Many of the taxes to pay for the bill start now, but most Americans won’t see any benefits — like an end to discrimination against those with preexisting conditions — until 2014 when the program begins.

7. Allows insurance companies to charge people who are older 300% more than others.

8. Grants monopolies to drug companies that will keep generic versions of expensive biotech drugs from ever coming to market.

9. No re-importation of prescription drugs, which would save consumers $100 billion over 10 years.

10. The cost of medical care will continue to rise, and insurance premiums for a family of four will rise an average of $1,000 a year — meaning in 10 years, your family’s insurance premium will be $10,000 more annually than it is right now.

Background information on each point:

1. Hardship Waiver And Restrictions On Immigrants Buying Insurance Undercut Arguments For An Individual Mandate, by Jon Walker

2. What’s in the Manager’s Amendment by David Dayen

3. MyBarackObama Tax by Marcy Wheeler

4. Emperor Ben Nelson: All Your Uteruses Are Belong To Me by Scarecrow

5. The Senate Bill is Designed to Make Your Health Insurance Worse by Jon Walker

6. Best way to “Fix It Later” Is With No Individual Mandate Now by Jon Walker

7. The Senate Health Care Bill is Built on a Mountain of Sand by Jon Walker

8. The Devil in Anna Eshoo’s Details by Jane Hamsher

9. Liveblog of the Dorgan Reimportation Amendment by David Dayen

10. Answering Nate Silver’s 20 Questions on the Health Care Bill by Jon Walker

The Senate bill isn’t a “starter home,” it’s a sink hole. It needs to die so something else can take its place. It doesn’t matter whether people are on the right or the left — once they understand the con job that’s about to be foisted on them, they agree. That’s why Harry Reid and President Obama are trying to jam it through as fast as they can, before people get wise. So email the list to your friends and family, tweet it and spread the word.

Yves here. This list still misses a few very bad features. For instance, most have fallen for the “preexisting conditions” bit, that the new plan is better because it forces insurers to cover those with preexisting conditinos. Well first, if you recall, insurers have used the failure to report ANY preexisting condition, no matter how trivial, as a reason to deny coverage when someone gets a costly illness. So health insurers will be permitted to charge those with “preexisting conditions,” again even if trivial, a 50% premium to the rest of the population. This not only defeats the idea of enlarging the pool, but also continues the abusive use of the notion of “preexsiting condition”. And before you argue that including all those people is costly and needs to be recouped somehow, every other advanced economy has a form of government-supported medicine that covers all citizens, is cheaper than ours, and delivers no worse, and in many cases, better health outcomes. Covering these people is not the problem; the problem is the system we now have.

Second, insurers that cross state lines get to be regulated by the state with the least regulations. Just as we saw with financial services, this will lead to a race to the bottom. For instance, I have a plan regulated by New York State, and New York State allows me to appeal to the state if I think I have been denied coverage incorrectly. Every time I have used this option, I have prevailed (and once, the NYS response was quite a smackdown to my insurer, Cigna). I’d lose this very valuable right under a new plan.

Third, Obama has engaged in a massive bait and switch. As Marshall Auerback pointed out,

From a Washington Post interview:
Obama said the public option “has become a source of ideological contention between the left and right.” But, he added, “I didn’t campaign on the public option.”

Lots of links below the fold that appear to create a contradiction between the statement above and the actual facts.

TomP’s diary

- In the 2008 Obama-Biden health care plan on the campaign’s website, candidate Obama promised that “any American will have the opportunity to enroll in [a] new public plan.” [2008]

– During a speech at the American Medical Association, President Obama told thousands of doctors that one of the plans included in the new health insurance exchanges “needs to be a public option that will give people a broader range of choices and inject competition into the health care market.” [6/15/09]

– While speaking to the nation during his weekly address, the President said that “any plan” he signs “must include…a public option.” [7/17/09]

– During a conference call with progressive bloggers, the President said he continues “to believe that a robust public option would be the best way to go.” [7/20/09]

– Obama told NBC’s David Gregory that a public option “should be a part of this [health care bill],” while rebuking claims that the plan was “dead.” [9/20/09]

Obama sees Reagan as one of his role models, but as my politically-minded buddies like to point out, Reagan sought to get and succeeded in winning 75-80% of what he wanted. Obama starts out with a much less ambitious ask and settles for at most 60%.

Ah, another Christmas Eve story that (not surprisingly) has gotten little attention. Most of the ire directed against the phony health care reform bill focuses on how it further enriches a fat and undeserving health insurance industry. The media has given less attention to another group that has thrown plenty of lobbying dollars at getting its needs met through favorable legislation, namely, Big Pharma. And its investment appears primed to pay off particularly well in this case. I now get one of my prescriptions from Australia. Even with the dollar lower than it was a few years ago and factoring in the cost of international shipping, the price is less than 1/4 of what it would cost here. The drug companies clearly are not selling their products in other advanced economies at a loss. This price disparity illustrates how badly the industry has been able to skew the playing field against the consumer here.

Generics at least apply some pressure on pharmaceutical companies (which despite their howls about their need to invest, spend more on marketing than R&D, and have not doubt they do everything in their power to classify expenses as R&D). But given the egregious rent-seeking of this industry, more aggressive measures are warranted (but have zero chance of happening).

Obama is looking more and more like W’s third term, with the occasional empty gesture to the peasants. He is not merely failing to hold the line, but is actively engaged in retreat, as far as the average citizen is concerned, and devoting his considerable rhetorical skills to trying to sell it as victory. From Reuters (hat tip reader John D):

The hurdles include extensive protections against generic versions of pricey biotech medicines, an incentive for Medicare recipients to use more brand-name drugs, and a possible end to payments from brandname makers to delay the launch of copy-cat medicines…

President Barack Obama has often pointed to generics as a key way to cut costs, but big pharmaceutical makers such as Pfizer and Merck came to lawmakers and the White House with an $80 billion, 10-year pact to cut prices and pay additional taxes to help fund the expansion of health insurance coverage.

Yves here. I would love to be able to obtain the internal documents of major pharmaceutical companies that devised this scheme as to how they came up with this arrangement, and how it compares with their forecasts were there no law change. I wager that these supposed cuts merely commit them to price reductions that these companies expected to face regardless as certain drugs came off patent. I would further bet that this $80 billion reduction is offset in part, if not to a considerable degree, by the hobbling of generics.

Good morning, worker drones: This Week in Mayhem

by Project Mayhem

Project Censored releases top censored news stories of 2009, Market Skeptics highlights catastrophic fall in global food production, gold bounces off $1100, Copenhagen succeeds in building global governance framework, Pakistan and Yemen sink further into chaos..

LAST WEEK IN MAYHEM

Project Censored releases list of 25 censored news stories of the past year

* 1. US Congress Sells Out to Wall Street
* 2. US Schools are More Segregated Today than in the 1950s
* 3. Toxic Waste Behind Somali Pirates
* 4. Nuclear Waste Pools in North Carolina
* 5. Europe Blocks US Toxic Products
* 6. Lobbyists Buy Congress
* 7. Obama’s Military Appointments Have Corrupt Past
* 8. Bailed out Banks and America’s Wealthiest Cheat IRS Out of Billions
* 9. US Arms Used for War Crimes in Gaza
* 10. Ecuador Declares Foreign Debt Illegitimate
* 11. Private Corporations Profit from the Occupation of Palestine
* 12. Mysterious Death of Mike Connell—Karl Rove’s Election Thief
* 13. Katrina’s Hidden Race War
* 14. Congress Invested in Defense Contracts
* 15. World Bank’s Carbon Trade Fiasco

http://www.projectcensored.org/top-stories/category/two-thousand-and-ten-book/

2010 Food Crisis for Dummies

The countries that make up two thirds of the world’s agricultural output are experiencing drought conditions.

The following article is HIGHLY recommended for anyone trading in the commodities futures markets or interested in possible future outcomes in 2010.

“If you read any economic, financial, or political analysis for 2010 that doesn’t mention the food shortage looming next year, throw it in the trash, as it is worthless. There is overwhelming, undeniable evidence that the world will run out of food next year. When this happens, the resulting triple digit food inflation will lead panicking central banks around the world to dump their foreign reserves to appreciate their currencies and lower the cost of food imports, causing the collapse of the dollar, the treasury market, derivative markets, and the global financial system. The US will experience economic disintegration.

So far the crisis has been driven by the slow and steady increase in defaults on mortgages and other loans. This is about to change. What will drive the financial crisis in 2010 will be panic about food supplies and the dollar’s plunging value. Things will start moving fast.”

http://www.marketskeptics.com/2009/12/2010-food-crisis-for-dummies.html

Gold bounces off $1100

Gold has bounced off $1100, as expected, but the question  is whether this level will hold.  This is almost impossible to predict…what we do know is that gold is going much higher intermediate-term.  Short-term, we could see pricing pressures on gold until we get a new leg down in the economic crisis and/or war in Central Asia.  Things are heating up around the world, particularly in Yemen and Pakistan.  Regardless, we expect a hard floor for the gold price in the range of $1000-1050.  We will watch carefully for the next two business weeks leading into Jan 1st, as this will involve year-end mark-to-market for gold on many balance sheets so expect volatility.  In terms of the next year (2010) we are expecting a dollar crisis so it would be wise to own gold under such circumstances.

Tarpley – Hyperinflation possible in 2010
http://eclipptv.com/viewVideo.php?video_id=9059

Gerald Celente – 2010 – Prepare for the Worse
http://eclipptv.com/viewVideo.php?video_id=9060

Copenhagen Treaty yields start of Global Governance

The Copenhagen treaty was a success despite the massive scientific scandal; the global bankster-gangsters got precisely what they wanted.  The objective was to establish the framework for a world government, which is often called ‘global governance’ in policy planning circles. The seeds of this were successfully planted.  There were two main accomplishments at Copenhagen:  1) agreement on a global transaction tax on GDP, paid to the World Bank  and 2) agreement on preliminary funding for global governance, conservatively $100bn by 2020 but we believe this number will be much much higher (probably in trillions).

“In 2004, it was less than $300 million. But in 2005, the trade really started to soar, ending the year with $10.8 billion-worth of transactions. A year later, in 2006, the “carbon” market had grown to $31 billion. In 2007, again it more than doubled its turnover, to $64 billion. Last year, it did it again, reaching a colossal $126 billion. By 2020, some estimates suggest the annual value will reach $2 trillion.”

http://eureferendum.blogspot.com/2009/12/protecting-big-carbon.html

“This is the biggest heist in history. As they poured carbon over snow-covered Denmark from their gas-guzzling jets, world leaders were congratulating themselves on securing a deal which will make their backers and financiers a trillion pounds a year. These riches will come from buying and selling permits, the so-called ‘carbon credits’ which allow industry and electricity generators in developed countries to emit carbon dioxide.

The frenzied negotiations we have just seen were never about ‘saving the planet’. They were always about money.”

http://www.dailymail.co.uk/debate/article-1237235/ANALYSIS-Saved–trillion-pound-trade-carbon.html

Copenhagen accord keeps Big Carbon in business

“The part played at Copenhagen by all the tree-huggers, abetted by the BBC and their media allies, was to keep hysteria over warming at fever pitch while the politicians haggled over the real prize, to keep the Kyoto system in place.

The only tree they were concerned with hugging was the money tree and all the vast political apparatus that now supports it, allowing governments to tax and regulate us into handing over ever more of our money, largely without realising it, every time we drive a car, fly in a plane, pay our electricity bill or carry out any of a vast range of activities that involve the emission of CO2. ”

http://www.telegraph.co.uk/comment/columnists/christopherbooker/6845686/Copenhagen-accord-keeps-Big-Carbon-in-business.html

Saudis rain missiles down on Yemen

Saudi warplanes rain ’1,011 missiles’ on Yemen
“Houthi fighters say Saudi warplanes have fired some 1,011 missiles on the borderline with Yemen where the Shia population is already under heavy state-led and US-aided bombardment. “

http://www.presstv.ir/detail.aspx?id=114162&sectionid=351020206

US air raids kill 63 civilians in Yemen
“Yemen’s Houthi fighters say scores of civilians, including many children, have been killed in US air-raids in the southeast of the war-stricken Arab country.”
http://dprogram.net/2009/12/19/us-air-raids-kill-63-civilians-in-yemen/

Obama Ordered U.S. Military Strike on Yemen Terrorists
“The Yemen attacks by the U.S. military represent a major escalation of the Obama administration’s campaign against al Qaeda.”

Pakistan on brink ;  Obama feigns surprise

Internally displaced Pakistani women and children, aka alQueda

Pakistan continues to deteriorate, as we have been expected since the election of Obama.  There is definitely a new war brewing in the region.  The most likely conflict is either an event justifying going into Pakistan, or an event justifying going into Iran.  In either case, doing so would land us in deep deep trouble, and would escalate into a regional war.  Pakistan is a nuclear-armed country, with ballistic and cruise missiles, and Iran has advanced Russian weaponry.  War in either country would be a big mistake with catastrophic consequences for the world, but our fearless leaders do not seem to care about the people of the world or their lives.  Regardless, the CIA and ISI are doing an excellent job of destabilizing Pakistan, which seems to be the policy objectiive.

Pakistan political crisis deepens

“THE political crisis in Pakistan has deepened after the Government’s anti-corruption agency sought a warrant for the arrest of the country’s Interior Minister.”

http://www.theage.com.au/world/pakistan-in-crisis-as-creeping-coup-unfolds-20091219-l6lf.html

Symptom of a Deeper Malady Pakistan’s Refugee Disaster

In the meantime, with the winter months fast approaching, hundreds of thousands of “unintegrated” refugees who do not find more durable shelter, even as military sweeps continue, could face exposure and starvation. Some aid groups are demanding that the United States pressure Pakistan to respect international humanitarian law and allow independent access to the refugees.

THIS WEEK IN MAYHEM

source: cmegroup

Not much happening this week due to the Christmas holiday. Tuesday brings us the GDP number and existing home sales, Wednesday is new home sales, and Thursday is durable goods orders and jobless claims.  This week we are watching Yemen and Pakistan.

Have a great week and Merry Christmas

Project Mayhem Research (PMR) is a DC/Baltimore-based grassroots think tank dedicated to exposing corruption worldwide. PMR is affiliated with Zerohedge.com, a popular and growing anti-corruption site, through contribution of free articles for the public. Topics include the politics of war and weapons systems, unexpected applications of cybernetics, the growing international surveillance state, global warming ‘deindustrialization’ economics, broad systemic international corruption , in-depth policy analysis of studies from bank and military funded research groups, genetic analysis and surveillance of pandemic influenza, corruption in the international gold market, the power structure and history of the global elite, and analysis of their political objectives expressed through monopolistic international finance capital (read: powerful banks) between now and 2050.

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