Wednesday, June 30, 2010

Oil Washing Ashore By The Ton


BILOXI — Out of curiosity, James and Cathy Adams drove 380 miles from Pontotoc to see the oil coming ashore in Harrison County.
At the water's edge behind Snapper's Seafood Restaurant, Cathy Adams peeled a pancake of oily material from the beach and held it in her hands. It was like soft caramel, she said.
"This is the first tar balls we've seen," she said.
The Adamses are saddened to find the deposits along what should be clean, white sand.
"It's just ruined," she said. "This is one of the best vacation places Mississippi has."
Shoreline Cleanup Assessment Team workers scoured the beaches in Harrison County, scooping more than a ton of contaminated sand mixed with tar patties, mats and balls into clear-plastic garbage bags
Read more: Here..

Bob Chapman: We Are Entering Our Final Journey


(snippet)
We are now entering the next to last phase of our journey. The wanton creation of wealth, inflation and perhaps hyperinflation, which will rob you of your assets. A stealth attack on what you have left by the people who control your government. Such monetary creation is the only way these people can keep the game going. They know it won’t last, but they proceed anyway. For awhile they’ll keep the multitudes at bay with extended unemployment and food stamps, but that will fade in time for lack of financial control, as the system begins to break down.
You already see all fiat currencies under fire, as is sovereign debt. Can it get any worse? Of course it can, and it will. Implosion is the word everyone is going to discover and understand. An event that cannot be hidden by zero interest rates and endless supplies of money and credit. That word implosion will describe what will happen as a result in the machinations of the Federal Reserve.
Now that you have seen a glimpse of your future we will move on to the deteriorating world that we now live in.
CNBC and the mainline media tells us all is well irrespective of a failing recovery, climbing unemployment, which has just recently been assisted by trillions of dollars in stimulus. The question is what comes next? More of the same, of course. There is no other avenue to pursue even though Mr. Bernanke knows such stimulus is not going to get the desired results. These players behind the scenes know history. They know what we know. They depend on 98% of the people not discovering what they and we know, and that is where this is all headed. The important people in Wall Street, banking, insurance and in transnational corporations know, but they are not about to tell you. The market doesn’t like what it sees, but it knows it cannot do much about it.
Americans are fighting back as millions have not made mortgage payments for a year and are living for free in their homes. As an antidote Washington is now considering charging them rent, something they should have done four years ago. If you add in the disaster that is commercial real estate, personal and corporate debt, and sovereign debt, you have an insolvable problem that can only end in great grief. The choice to expose Greece’s weaknesses from behind the scenes looks to be a fatal mistake. The elitists never envisioned the firestorm that the exposure has led too. Greece is about to explode, not because of the reduced socialist benefits, but because the people are finally realizing that they and others have been taken for a ride by the bankers and others behind the scenes and from within their own government. Discovery by the Greek people and others is not something the illuminists expected. They now are forced again to expedite their programs - when they have to do that they make mistakes, often-big mistakes, which gives us pursuers an advantage we could never hoped to have had. After their latest mistakes the bankers are scrambling to preserve the current system. It is not to be. There are far to many who now know what they are up too.

Dozens Of Americans On Hit List: White House




National Security Adviser says there's 'dozens of U.S. persons who are in different parts of the world, and they are very concerning.'
  
When it was confirmed last winter by then-Director of National Intelligence Dennis Blair that the Obama administration had authorized the assassination of American citizens working with terrorist groups overseas, it appeared that no more than three Americans were being targeted in this manner.
In an interview last week with theWashington Times,however, Deputy White House National Security Adviser for Homeland Security and Counterterrorism John O. Brennan suggested the number might actually amount to "dozens."
"There are, in my mind, dozens of U.S. persons who are in different parts of the world, and they are very concerning to us," Brennan stated, "not just because of the passport they hold, but because they understand our operational environment here, they bring with them certain skills, whether it be language skills or familiarity with potential targets, and they are very worrisome, and we are determined to take away their ability to assist with terrorist attacks,"
"If an American person or citizen is in a Yemen or in a Pakistan or in Somalia or another place, and they are trying to carry out attacks against U.S. interests, they also will face the full brunt of a U.S. response," Brennan continued. "What we need to do is to apply the appropriate tool and the appropriate response."
Salon's Glenn Greenwald quickly seized upon Brennan's remarks as a fresh example of the extension of unrestrained presidential powers. "I've written at length about the reasons why targeting American citizens for assassination who are far away from a 'battlefield' is so odious and tyrannical, and I won't repeat those arguments here," Greenwaldwrote. "Suffice to say -- and I'm asking this literally -- if you're someone who believes, or are at least willing to acquiesce to the claim, that the U.S. President has the power to target your fellow citizens for assassination without a whiff of due process, what unchecked presidential powers wouldn't you support or acquiesce to?  More Here..


Will They Seize Internet Sites Too?
More Here..

Police Molest Torture Threaten Kids at The G20 In Toronto


Some female protesters detained by police during the G20 Summit claim they were strip searched by male cops and threatened with rape if they didn’t comply.
The detainees, who included three independent journalists, allege one under-aged girl was improperly touched by a male officer while held at an Eastern Ave. detention centre.
Officers with the Integrated Security Unit said the allegations are groundless and there is a system in place for people to file complaints against police.
None of the protesters have filed complaints against police.
“I was throttled by a cop and later threatened with rape,” Amy Miller, of the Alternative Media Centre, said. “I saw young women being strip searched by men.”
Maryam Adriangi, of Toronto Community Mobilization Network, said she was also threatened with rape.
“I was harassed by police and had racist and sexist comments made against me,” Adriangi said.
She claimed she was picked up by police in Parkdale and placed in a prisoners’ wagon and driven around for five hours and released without charges. Network spokesman Sharmeen Khan said the more than 900 inmates were held “in disgraceful conditions” at the former film studio.
“The detainees weren’t given food or medication,” Khan said. “They had to wait hours to see a lawyer.”
She said charges were dropped against most of the activists and they were released.
Adam MacIsaac said he was detained for 12 hours for taking photos of a demonstrator being arrested.
“I was assaulted by four officers even though I wear a pacemaker,” MacIsaac said. “They didn’t care that I have heart problems.”
He alleges his camera was lost or misplaced by police. Other activists have complained their cameras with G20 shots have also gone missing.
More Here..

Get Ready for the Next 'Great Crash'


NEW YORK: The next Great Crash is coming. Guaranteed. Maybe not today and maybe not tomorrow. But, in all likelihood, sooner than we think.

How can I be so sure? Because the history of modern markets is a story of meltdowns. The stock market crashed in 1987, the bond market in 1994. Mexico tanked in 1994, East Asia in 1997. Long-Term Capital Management blew up in 1998, Russia that same year. Dot-coms dotbombed in 2000. In 2007 — well, you know the rest.

And that was just the last 20 years or so. The stagflation of the 1970s, the Depression of the 1930s, the panics in the 1900s ... and back and back and back it goes, all the way to the Dutch and their tulip bulbs.

In those giddy years before the Great Recession, it seemed as if we’d grown accustomed to the wild ride. Wall Street certainly had. Jamie Dimon , the chairman and chief executive of JPMorgan Chase likes to say when his daughter came home from school one day and asked what a financial crisis was, he told her: ”It’s the kind of thing that happens every 5-7 years.”
No one should be surprised, Dimon insists, that booms go bust. That’s the way markets work. Most Americans probably find that answer unsatisfying to put it politely. After all, millions have lost their homes, their jobs, their savings. Perhaps something is wrong if CEOs expect the markets to break down every half decade or so. 

More Here..

Tuesday, June 29, 2010

Scrap Dollar As Sole Reserve Currency: U.N. report


(Reuters) - A new United Nations report released on Tuesday calls for abandoning the U.S. dollar as the main global reserve currency, saying it has been unable to safeguard value.

But several European officials attending a high-level meeting of the U.N. Economic and Social Council countered by saying that the market, not politicians, would determine what currencies countries would keep on hand for reserves.

"The dollar has proved not to be a stable store of value, which is a requisite for a stable reserve currency," the U.N. World Economic and Social Survey 2010 said.

The report says that developing countries have been hit by the U.S. dollar's loss of value in recent years.
More Here..

Warning Signals of a Double-Dip Recession Flash
Brightly Across the World
More Here.._

BP Turning Beaches Into Hazardous Dumps?

Man video taping a beach with bulldozed sand to hide the oil that has washed ashore.

Banks Have Financed Mexican Drug Gangs For Years

Just before sunset on April 10, 2006, a DC-9 jet landed at the international airport in the port city of Ciudad del Carmen, 500 miles east of Mexico City. As soldiers on the ground approached the plane, the crew tried to shoo them away, saying there was a dangerous oil leak. So the troops grew suspicious and searched the jet.
They found 128 black suitcases, packed with 5.7 tons of cocaine, valued at $100 million. The stash was supposed to have been delivered from Caracas to drug traffickers in Toluca, near Mexico City, Mexican prosecutors later found. Law enforcement officials also discovered something else.
The smugglers had bought the DC-9 with laundered funds they transferred through two of the biggest banks in the U.S.: Wachovia Corp. and Bank of America Corp., Bloomberg Markets magazine reports in its August 2010 issue.
This was no isolated incident. Wachovia, it turns out, had made a habit of helping move money for Mexican drug smugglers. Wells Fargo & Co., which bought Wachovia in 2008, has admitted in court that its unit failed to monitor and report suspected money laundering by narcotics traffickers -- including the cash used to buy four planes that shipped a total of 22 tons of cocaine.

Investigation Reveals Possible Criminal Activity Connecting Obama to BP oil spill?

The new line of defense employed by the Obama Administration to deflect criticism of its lackadaisical handling of the BP oil spill is to launch a criminal investigation of the company.
Perhaps this is the best thing that could happen.  Such an investigation would, of course, uncover all of BP's connections to the Democratic Party and Barack Obama, who were the single largest beneficiaries of BP campaign contributions over the last 10 years.

Granted, the Obama Justice Department, under the leadership of Obama lackey Eric Holder, would never delve into any real criminal activity if it involved revelations concerning the Administration's connections to BP, as well as the cozy relationship the company has with Democrats on the Hill.
Someone else, however, has already done such an investigation and has uncovered explosive information that possibly implicates Barack Obama, certain members of his Administration, and Democrats in Congress, in the committing of crimes.
The key is to follow the money trail.
JoAnne Moretti, along with a team of investigators, delved into records which pointed to a paper trail connecting the major players in this disaster--BP, Deep Water Horizon, Halliburton, Citigroup, Goldman-Sachs, the U.S. Government, and a company called 'NALCO.'
A few recognizable names of individuals involved in the paper trail also surfaced--Warren Buffet, George Soros, John Holdren, Tony Rezko....and Barack Obama.
At the heart of the scandal which Moretti reveals is the concerted effort by all of these major players to delay the cutting off of the oil flow into the Gulf of Mexico.
Why?
The bottom line--NALCO is the manufacturer of chemical dispersements and water purification systems that are being used in the Gulf to attempt to 'disperse the oil before it reaches the shoreline.'
This is what is known as 'the top kill' method which BP has claimed is the best manner possible of dealing with the spill.  The top kill method, however, does nothing to actually stop the flow of oil from its source--the well hidden deep in the waters of the Gulf of Mexico.
The Obama Administration and BP have been noticeably lazy about stopping the flow of oil into the waters of the Gulf.  Obama claimed that as soon as the explosion of the oil rig occurred, Federal SWOT teams were dispatched to the area in order to 'secure it.'  The notion that the Obama Administration did not know the extent of the leak is contradicted by the announcement that federal teams were 'on the scene from day one.'
Obama claims that he backed off from doing anything to stop the oil leak in deference to BP, which he claims was better equipped to deal with the situation.  And indeed, that much is true.  BP did, in fact, say such a thing publicly.
But BP's interest in actually cutting off the flow of oil into the Gulf is just as suspect as the U.S. Government's.
And here is where the story takes a sordid, and potentially criminal, turn.
Moretti says the following:
More Here

"The US will 'Politely Default' on its Debt"

By Robert Huebscher of Advisor Perspectives
Today’s economic problems, it seems, can be understood through the lens of pop artist Andy Warhol. Warhol, who DoubleLine’s Jeff Gundlach calls an “absolute futuristic genius” in his ability to depict trends in American consumerism, showed through his illustrations of everyday objects, such as Coca Cola cans, that products used by the upper crust of society were accessible to anyone in America. That accessibility made it natural for consumers to borrow money to improve their standard of living, leading to a three-decade long explosion in public debt.
Gundlach delivered the keynote address at last week’s Morningstar Investor Conference in Chicago. He is the chief investment officer of DoubleLine, the firm he founded after leaving TCW last year. DoubleLine now manages just over a $1 billion in bond funds, mostly in mortgage-backed securities, where Gundlach’s expertise is highly regarded. Gundlach’s presentation shared a similar theme with many he gave while he  was at TCW, documenting the immensity of U.S. debt obligations and the lack of options for alleviating that burden. As he has stated in the past, he does not consider inflation to be a threat in the capital markets today. He cited six options open to policy makers, but believes a seventh – some form of default – is most likely.
(snippet) 
A final warning
Gundlach concluded his talk by warning that at some points “something bad” could happen relative to risk, causing the dollar to drop and Treasury yields to rise. “That is what you need to watch out for.”
“If the world starts to behave differently,” he said, “you need to sell immediately, because you don't have much time. So I suggest that all of us watch the way the markets react to bad news regarding risk. If their behavior changes, you have to sell very, very quickly.” 

The Banks Keep Stealing - Why Should You Keep Paying?

The dire straits of the middle class of America has made it near impossible for our politicians to keep up the pretense that our current government truly works for the "people." Between the multiple overt and secretive bailouts, the massive bonuses and the circular use of our tax money to lobby for these continued handouts, you can no longer hide from the evidence.

When Senator
Durbin said "The banks... frankly own this place," you realize it was not in jest.

Couple this with recent protections handed by the Supreme Court to corporations to directly influence elections and it can make things seem hopeless for those not on Wall Street or their chosen politicians.
Favored CEOs and now even foreign countries get all the printed money they need, leaving us paying both our bills and theirs.

And now nearly a
quarter of all Americans are currently underwater in their mortgage because of that steadfast honor.

If you are one of them, chances are you didn't do anything wrong. Almost all of you were not
subprime borrowers or speculators, but merely people buying a house that they thought they could afford at the time. You were just unlucky in that you bought a house during a time when an outdated Wall Street and their complicit politicians decided to use housing to regain the income they lost due to the Schwabs and Etrades of the internet age.
You didn't cause this mess. They did.

Fema Plans To Evacuate Tampa?

(TAMPA, Fla.) - FEMA has plans to evacuate the Tampa Bay area in the event of a controlled burn of surface oil in the Gulf of Mexico, or if wind or other conditions are expected to take toxic fumes through Tampa Bay, according to a report by Maryann Tobin in the Hernando County Political Buzz Examiner.  Tobin has been a freelance writer for more than twenty years, writing for local publications in New York and Florida.
(snippet)
If you’re a conspiracy advocate and I’m not, you may see some devious FEMA plot to do away with people.  In fact, if the crude oil nears Tampa Bay and burn off is used on the oil spill, there may be health risk of inhalation exposure to inhabitants.  It follows that evacuation as in the case of a hurricane is a logical alternative.    
An informed source told us on June 25th that there were reports of the smell of oil in the Tampa Bay area.  Real or imaginations running wild?   
Joel Achenback, Washington Post staff writer, in an article of June 23rd entitled “Each Day Another Way to Define Worst-Case for Oil Spill,” reported that Matt Simmons, founder of Simmons and Co., an oil investment firm and “and since the April 20 blowout, the unflagging source of end-of-the-world predictions. “Can you imagine evacuating 20 million people? . . . This story is 80 times worse than I thought.”
The only thing for sure is that this story is not going away as long as the well  is unplugged and the crude oil continues to spread into the Gulf.  
Chemicals in crude oil and dispersants can cause a wide range of health effects in people and wildlife, depending on the level of exposure and susceptibility.  Crude oil has many highly toxic chemical ingredients that can damage every system in the body.  Dispersant chemicals can affect many of the same organs.  For more information on this, see: Gulf Oil Spill Health Hazards - sciencecorps.org/

Monday, June 28, 2010

Elites Are Terrified Of The Mass Awakening

Our situation is admittedly dire.

Oligarchs are seizing more
overt control in most countries in the world, the worldwide economy is on course for another - even bigger - train wreck, countries are cracking down on freedom and becoming more tyrannical, we are in a permanent state of war (and see this), and companies like BP are destroying our natural resources without any checks and balances.
But as Andrew Gavin Marshall points out, the elites are actually terrified of the mass political awakening which is occurring worldwide.
Marshall collects quotes from flexian Zbigniew Brzezinski - Obama's former foreign affairs adviser, National Security Adviser to President Carter, creator of America's strategy to lure Russia into Afghanistan, and creator of America's plans for Eurasia in general - to make his point.
Listen to Brzezinski's own words (consolidated from various writings and speeches, and edited as if they were a single passage):
For the first time in history almost all of humanity is politically activated, politically conscious and politically interactive. Global activism is generating a surge in the quest for cultural respect and economic opportunity in a world scarred by memories of colonial or imperial domination.

For the first time in human history almost all of humanity is politically activated, politically conscious and politically interactive. There are only a few pockets of humanity left in the remotest corners of the world that are not politically alert and engaged with the political turmoil and stirrings that are so widespread today around the world. The resulting global political activism is generating a surge in the quest for personal dignity, cultural respect and economic opportunity in a world painfully scarred by memories of centuries-long alien colonial or imperial domination.

America needs to face squarely a centrally important new global reality: that the world's population is experiencing a political awakening unprecedented in scope and intensity, with the result that the politics of populism are transforming the politics of power. The need to respond to that massive phenomenon poses to the uniquely sovereign America an historic dilemma: What should be the central definition of America's global role?
More Here..

Germany Warns US Not to Become 'Addicted to Borrowing'

More Here..
 

 

Hint: BP Bailout Coming

BP must not be allowed to implode in the wake of the Gulf of Mexico oil spill disaster, Barack Obama and David Cameron have declared, as the company starts the week with its shares at a 14-year low.
The US President and British Prime Minister said that the stricken oil giant should "remain a strong and stable company" after meeting to discuss the environmental disaster on the sidelines of the G20 summit in Toronto. The discussions come amid growing worries that the company could never recover from the Deepwater Horizon disaster, which has left BP facing unquantifiable costs and damaged its strategic ambitions. 

Florida Governor Urges Vacationers To Swim In Toxic Sludge

Kurt Nimmo
Infowars.com
June 28, 2010


Florida Governor Charlie Crist is apparently more worried about the state’s economy than the health of vacationers and residents.
Crist told CBS on Saturday the water is safe and people shouldn’t worry. “It is safe,” Crist declared, “there isn’t a toxic nature to it that is detrimental to anybody. It is much more of a nuisance than anything else at this point.”



Crist is asking ill-informed beachgoers to endanger their health so the state’s tourism industry can be saved.

“The Escambia County Health Department lifted a health advisory on Pensacola Beach on Friday on the advice of a beach official and against the advice of a federal environmental official,” reports PNJ.com. Officials want to leave the decision to swim in the Gulf of Mexico up to the discretion of individual beachgoers.

Signs would be posted from the Florida-Alabama line to just west of Portofino Beach warning people about the toxic danger. The Environmental Protection Agency plans to put decontamination stations along the beach.

“These moves send conflicting signals about how safe it is to swim in the Gulf of Mexico as the impacts of the Deepwater Horizon oil spill broadens,” PNJ.com continues.

400 people have sought medical care for upper or lower respiratory problems, headaches, nausea, and eye irritation after trips to Escambia County beaches.

BP and the corporate media have colluded together to hide the full extent of the oil gusher and its health dangers. CNN concentrates on the impact on marine wildlife at the expense of the health problems arising...

(more at link)
[link to www.infowars.com]

The Third Depression

Recessions are common; depressions are rare. As far as I can tell, there were only two eras in economic history that were widely described as “depressions” at the time: the years of deflation and instability that followed the Panic of 1873 and the years of mass unemployment that followed the financial crisis of 1929-31. 

Neither the Long Depression of the 19th century nor the Great Depression of the 20th was an era of nonstop decline — on the contrary, both included periods when the economy grew. But these episodes of improvement were never enough to undo the damage from the initial slump, and were followed by relapses. 


We are now, I fear, in the early stages of a third depression. It will probably look more like the Long Depression than the much more severe Great Depression. But the cost — to the world economy and, above all, to the millions of lives blighted by the absence of jobs — will nonetheless be immense. 
And this third depression will be primarily a failure of policy. Around the world — most recently at last weekend’s deeply discouraging G-20 meeting — governments are obsessing about inflation when the real threat is deflation, preaching the need for belt-tightening when the real problem is inadequate spending.

More Here..

RBS: Get Ready For The Big Collapse and Monster Money Printing


The credit team at RBS in London are getting very bearish and warning clients to "get ready for the cliff-edge," where prices of stocks and commodities will "collapse."
RBS credit chief Andrew Roberts said the edge is just around the corner for the European banking industry and the economies of Europe and the US.


"Surely risks associated with us being wrong are low, i.e. rates stay where they are," Roberts wrote in a research note.
"But risks associated with us being right are 10 percent returns in (10-year US Treasurys) and at the same time that equities/commodities will collapse far beyond what even some equity bears anticipate."
As a result Roberts is advising investors to get into maximum long-duration bonds in safe-haven markets.
"This means the US, UK and Germany in that order," he wrote. "Be long gold, think the unthinkable. Get ready for (sub-2-percent yields on two-year Treasurys, sub-2-percent on 10-year bunds) and the UK will not be far behind."

Huge Tent City In Hawaii


WAIPAHU » Pastor Joe Hunkin picked his way around rusted car axles, propane tanks and two-by-fours studded with bent nails to find a homeless encampment where people have been cooking and sleeping directly behind Waipahu High School, in an area that received unwanted national attention this month.
Hunkin walked past a pit bull puppy and peered over a makeshift shelter of tents and tarp hidden by koa haole and elephant grass, then pointed toward the high school's athletic complex barely a football field away.
"The school is right over there," Hunkin said last week. "This isn't right."
The strip of land is bounded by Waipahu High School on one side and the calming waters of Pearl Harbor's Middle Loch on the other, where the Navy's mothball fleet sits idle. It's the most visible portion of an enormous homeless encampment that stretches five miles over approximately 50 acres of city, Navy and state land that serpentines around Waipio Point Access Road, the Ted Makalena Golf Course and the city's Waipio Soccer Complex and back down to Pearl City in the opposite direction, said Beth Chapman, who uncharacteristically lost a suspect in the swampy brush last year after five straight days of searching the area with her husband, Duane "Dog" Chapman, and their bounty hunting family.

More Here.

Sunday, June 27, 2010

The Toronto G20 Riot Fraud: Undercover Police Engaged in Purposeful Provocation


Toronto is right now in the midst of a massive government / media propaganda fraud. As events unfold, it is becoming increasingly clear that the 'Black Bloc' are undercover police operatives engaged in purposeful provocations to eclipse and invalidate legitimate G20 citizen protest by starting a riot. Government agents have been caught doing this before in Canada.


Montebello 2007 Riot Prevented - Identical Boots Exposed Undercover Police Provocateurs

At the ‘Security and Prosperity Partnership’ meeting protests at Montebello Quebec on August 20, 2007, a Quebec union leader caught and outed three masked undercover Quebec Provincial Police operatives dressed as ‘black bloc’ protestors about to start a riot by throwing rocks at the security police. See the following videos documenting this event.

Stop SPP Protest - Union Leader stops provocateurs

Evidence -- Police provoke Violence at SPP protest

The operation was exposed by the following picture of the undercover police wearing combat boots identical to those of the security police arresting them.

(Provocateurs in Montebello wear the same shoes as the Quebec policemen who arrest them!)

Lesions Found In Brains Of Dead Fish


CAPTION: Dead red fish litter the bank of the St. Johns River north of the Buckman Bridge [in Jacksonville] Monday, June 7, 2010. A multitude of dead red fish have been reported for the past two weeks with the cause being unknow [sic] at present.

Jacksonville Times-Union
If you think the… fish kill on the St. Johns River is an annual event that just came early this year —think again.
That’s the message that two men with close ties to the river want you to know. …
“This kill is unprecedented,” he said. He explained that fish kills due to low oxygen levels are typically confined to smaller areas, not as widespread as the problem has become. …
Fish continue to die in an area from roughly theBuckman Bridge [in Jacksonville] south to Lake George…
[Quinton White, the executive director of the marine science institute at Jacksonville University] said that last week the St. Pete lab sent staff to Jacksonville University to sample more recently killed fish. “They did necropsies on site,” he said.
He said they found lesions in the brains of some redfish. “I’m not sure what else,” White said.

Is It Coming Completely Apart? The World Is Mad



More than 500 people have been arrested in connection with G20-related protests, amid a major police crackdown in two areas of downtown Toronto and further arrests at a protest outside a temporary detention centre.
The Toronto police force also announced it was setting up a team to investigate crimes at the G20 protests and track down the perpetrators, and asked for tips from the public.
About 70 people were arrested at a University of Toronto building near Russell Street and Spadina Avenue for wielding “street-type weaponry,” police said. Officers seized black clothing, bricks, bats, sharpened sticks and bottles containing fluid -- "items you don't need for a weekend in Toronto," Constable Rob McDonald said.
Police officers, with batons out, were searching bushes and trash cans, amid what Constable McDonald said it was the biggest series of arrests related to G20. At least two police buses were on the scene, along with more than 10 other police vehicles, mostly unmarked minivans. The raid was at the Bancroft Building, the Earth Science Centre and the Graduate Students Centre.
More Here..

Nobody Wants To Get Stuck With The "Bill"


The global financial crisis is playing out like a slow-moving, highly predicable stage play. In the current scene, Western governments are caught between the demands of entitled welfare beneficiaries and the anxiety of bondholders who fear they will be stuck with the bill.
(snippet)
There is fresh evidence that time is running out for the dollar-centric global monetary order. In fact, central banks outside the US are already making swift and discrete preparation for a post-dollar era.
To begin, the People's Bank of China has just this week decided to permit a wider trading range between the yuan and the dollar. This is the first step toward ending the infernal yuan-dollar peg. While the impetus behind this abrupt change remains a mystery, I have a sneaking suspicion that, as my colleague Neeraj Chaudhary explained in his commentary last week, the nationwide labor strikes were a prime motivator.
In response to the 2008 credit crunch, the Fed printed so many dollars that the People's Bank of China was forced to drive Chinese inflation into double digits to maintain the peg. The pain has fallen on China's workers, who have seen their wages stagnate while prices for everything from milk to apartments have skyrocketed. This week's move indicates that, regardless of its own policy motives, the Communist Party can no longer afford to keep pace with the dollar's devaluation. The result will be a shift in wealth from America to China, which may trigger a long-anticipated run on the dollar, while creating investment opportunities in China.

Just days before China's announcement, Russian President Dmitry Medvedev rattled his monetary sabre by telling the press of his intention to lead the world toward a new monetary order based on a broad basket of currencies. Giving strength to his claim, the Central Bank of Russia announced that it would be adding Canadian and Australian dollars to its reserves for the first time. Analysts suggest that the IMF may follow suit. While Russia floats in the limbo between hopeless kleptocracy and emerging economy, it does possess vast natural resources and a toe-hold in both Europe and Asia. In other words, it will be a strategically important partner for China as it tries to cast off dollar hegemony.
More here..

U.S. Government Panel Now Pushing "Vaccinations for All!" No Exceptions…

(NaturalNews) An advisory panel to the U.S. Centers for Disease Control and Prevention (CDC) has recommended that every person be vaccinated for the seasonal flu yearly, except in a few cases where the vaccine is known to be unsafe.
"Now no one should say 'Should I or shouldn't I?'" said CDC flu specialist Anthony Fiore.

(snippet)
The H1N1 swine flu scare of the past year played a major role in the committee's about face, both because the disease killed many people falling outside the current recommended vaccine demographic and because it raised public awareness of and demand for vaccines.
More Here..

Saturday, June 26, 2010

Protesters Set fires, Smash Windows in Violent G20 Demonstration


TORONTO — Downtown Toronto was in chaos Saturday as roving bands of G20 protesters set fire to police vehicles and smashed windows despite a $1-billion security tab and thousands of police at the ready.
A core group of militant protesters, dressed in black balaclavas and using what's referred to as a Black Bloc tactic, remained at large more than four hours after their campaign of violence began.
Police in riot gear marched through city streets, pounding their shields in warning as they tried to restore order in a city under siege.
A newspaper photographer has been shot with a rubber bullet in the backside, while another had an officer point a gun in his face despite identifying himself as a member of the media.
The violence came as leaders of the world's G20 nations met behind the steel and concrete barrier that has earned the city the moniker "Fortress Toronto."