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The Federal Reserve has recently begun to engage in an ongoing bailout of the European monetary system. Under the guise of providing dollar liquidity to strained European financial markets, the Fed is creating hundreds of billions of dollars out of thin air to prop up the euro.
Welcome to the Land of Illusion, a little early for Halloween. In his first regular news conference, sans tough questions, Helicopter Ben’s promulgation was that there is no inflation and all is basically well.
How bad is the situation in America today?
ARROYO GRANDE, Calif. (MarketWatch) — Fed boss Ben Bernanke is the most dangerous human on earth, far more dangerous than Hosni Mubarak, Egypt’s 30-year dictator, ever was. Bernanke rules a monetary dictatorship that will trigger the coming third meltdown of the 21st century.
The Federal Reserve was forced by Congress to disclose over 21000 transactions made between December 2007 and July 2010, which were previously unknown to Congress and the public. These secret transactions resulted in over 3.3 trillion dollars being loaned at nearly zero percent interest to foreign banks, foreign corporations, and corporations within the United States. [...]
I apologise to readers around the world for having defended the emergency stimulus policies of the US Federal Reserve, and for arguing like an imbecile naif that the Fed would not succumb to drug addiction, political abuse, and mad intoxicated debauchery, once it began taking its first shots of quantitative easing.
Federal government admits not testing for arsenic, mercury or other toxic heavy metals in seafood
The US government, and even President Obama himself, have said that Gulf seafood is safe to eat in the wake of the massive BP oil spill.
But an admission from the federal government that it hasn’t been testing Gulf seafood for toxic heavy metals, and news that fishermen are being forced to sign waivers making them liable for toxins in their catch, suggest not everyone is convinced of the safety of Gulf seafood.
Louisiana fishermen’s activist Kindra Arnesen says dock owners are asking fishermen to sign waivers that put the full responsibility for toxins found in the catch on the fishermen themselves.
As the final convoy of the Army’s 4th Stryker Brigade Combat Team, based at Fort Lewis, Wash., entered Kuwait early Thursday, a different Stryker brigade remained in Iraq.
Soldiers from the 2nd Stryker Brigade Combat Team of the 25th Infantry Division are deployed in Iraq as members of an Advise and Assist Brigade, the Army’s designation for brigades selected to conduct security force assistance.
So while the “last full U.S. combat brigade” have left Iraq, just under 50,000 soldiers from specially trained heavy, infantry and Stryker brigades will stay, as well as two combat aviation brigades.
The second largest shareholder in News Corp. — the parent company of Fox News — has donated hundreds of thousands of dollars to causes linked to the imam planning to build a Muslim community center and mosque near Ground Zero in Manhattan, says a report from Yahoo!News.
According to the report from Yahoo!’s John Cook, Saudi Prince Al-Waleed bin Talal, who owns seven percent of News Corp., “has directly funded [Imam Feisal Abdul] Rauf’s projects to the tune of more than $300,000.”
Cook reports that Prince Al-Waleed’s personal charity, the Kingdom Foundation, donated $305,000 to Muslim Leaders of Tomorrow, a project sponsored by two of Rauf’s initiatives, the American Society for Muslim Advancement and the Cordoba Initiative, which is building the Manhattan mosque.
This is going to be a rarity, a different kind of post for me. I am just a person asked to help maintain this website since I happen to read a lot of news from around the globe and care about human freedom, the U.S. Constitution and equal justice. Occasionally I write some original blogs but mainly I just repost stories I find interesting that I feel help demonstrate the overall tapestry of collectivism descending upon this once free country. I try not to get into subject matter that is too “conspiratorial” in that there is a natural aversion to explanations that fall outside of the mainstream, and by that I really mean tightly controlled establishment media. Today, I may slightly cross that path and speak honestly after reading the White House National Security Strategy released in May of this year.