Friday 24 June 2011

Vancouver riots caused by nuclear zombies


You may have heard that Vancouver had a spate of riots,
supposedly due to the loss of a hockey trophy.
riiiight!
Canadians don't riot. The last one was 1912.
Americans riot.
Zombies riot.

It's actually more likely that people have
turned violent and are seeking chances
to harm other folks
because of nuclear fallout, most of which
is floating straight over from Fukushima.

[riot police beat the crap out of a nice young lady. more proof]
Actually, the police in Vancouver are fairly violent.

The so-called hot particles lodge in people's
bodies and then can turn deadly.


Thursday 23 June 2011

Costick67 may be a prophet, part 11

I knew it. Yo credo que los bancos d'Espana stato muertos.

Anyway, I don't know Spanish.

BUTT, I figured out that Spain should have been dead long ago,
and I wrote about it a few months back.

For a while, all we ever heard was Spanish Bank Santa X Y & Z is in trouble,
and then when Greece went under, all the noise about Spain died.

So, either Spain sorted itself out,
[higo de puta! You can never escape a crash]
or, the ECB is keeping it quiet and giving Spanish banks money, under the table.
And the winner is Plan B- under the table money!

Thank you.

checkitout:
Greece – the Saga Continues
Ritholz.com By Guest Author, Kiron Sarkar
June 21st, 2011, 1:00AM
...
Spanish banks are relying on ECB funding much more – ECB funding rose to E53bn in May, up from E42bn in April. A recently introduced scheme in Spain penalises Spanish banks from paying excessive amounts to gain deposits. The Result, more demand for ECB funding. Good luck Mr Trichet....

quiet as the chairsatan sidles up to the piano

[playing "Strong Headwinds" for the audience]

[Richard Adams- guardian]
He [Bernanke] then suggests that the "headwinds" might be stronger than the Fed thought. He notes that by 2013 growth is back on track with the Fed's previous forecasts.

2.26pm ET: Greece: "It's a difficult situation," says Bernanke, in response to a question. No kidding.

"If there were a failure to resolve that situation it would pose threats to the European financial system, the global financial system, and to European political unity I would conjecture as well," Bernanke continues. There's your headline, Daily Telegraph.
----
Next journalist: How does the economy look, in general?
Chairsatan: A-hem. We are all just dust in the wind, man...dude.
Chilax with me.
Maestro....
"...and all my printing won't another minute buy-hiiiii"

blood red stock markets

Now this is going to make Obama, Geithner and summers look really good.

You know how Reaganomics was all about the American way.

hard work
destroying unions
stagnant wages
crazy bankers stealing everything
companies building factories overseas
ALL that good stuff.

The one thing that made the US look good
was the image of the NY stock market going up.
Bubble-nomics looks real nice.

Anyway, socialism was equated with the axis of evil
and was equated with lack of freedom (to rip off the poor)

Turns out, that the more socialist your country is
the better your stock market has performed.

That makes Reagan, Bush, Clinton and Bush2 look bad.

However, Obama looks like a genius.
Because he's allowing the Chairsatan, Bernanke
to play politburo money guy for the banks.
Corporate socialism, ladies and gents.
They US has just been playing catch up with all
those lazy socialists and their booming stock markets.

It's working. QE1 & QE2 & HFT trading= one nice bubble

checkitout:
Stocks Of Socialized Countries Have Outperformed U.S. Since Reagan Era
Alex Wagner
American traders aren't likely to take kindly to the suggestion that big government might be good for the stock market. But data from a paper on the job- and income-growth of top earners shows that stock prices in some socialized countries, relative to themselves and adjusted for inflation, have done considerably better than those in the U.S over the last two and a half decades.

Specifically, during the twenty five years after Ronald Reagan took office -- a pro-market honeymoon that Ryan Chittum of the Columbia Journalism Review this week termed "the ascent of laissez-faire economic policies" -- French stock prices have performed significantly better than Americans ones, according to the report by Jon Bakija, Adam Cole, and Bradley Heim.

A further examination of the 39-year period extending from the end of the Nixon administration until 2008 shows the Swedish economy, known for its high taxes and heavy regulation, growing at a significantly higher rate than the US.

The authors conclude that big government might not actually stand in contradiction to a productive economy: "Countries with typically high levels of government involvement in the economy, such as Sweden, Denmark and Canada, do not appear to have experienced stifled economic growth relative to countries where government involvement is more limited, like the US," the report says.

With bastions of socialism -- Sweden Canada and France -- outpacing American market prices, does this mean it's time for Wall Streeters to start calling croissants "Freedom bagels?" Probably not.

finito la festa. no more immigrants, prego

The war in Libya,
which Obama doesn't call a war, because it's too one-sided,
is causing a humanitarian crisis in Libya (injured and dead)
and in Italy (immigrants)
Italy said 'take a break, and help the injured'

The French and Germans, always working hard, said
"fanculo".
"we have work to do"

checkitout:

UK and France dismiss Italy's call for pause in Nato bombing of Libya
David Cameron claims 'pressure is building on Gaddafi' as Italian foreign minister expresses concerns about civilian casualties
• Ian Black, Middle East editor
• guardian.co.uk, Wednesday 22 June 2011 19.40 BST

Britain and France have both rejected a call by Italy for a pause in Nato's bombing of Libya to allow humanitarian aid to reach the civilian population.
The Italian foreign minister, Franco Frattini, had suggested that Nato's credibility was at risk after a number of civilian casualties in air raids, but his comments were given short shrift in London and Paris, where both governments instead urged an intensification of pressure on Muammar Gaddafi amid signs that allied air attacks are moving into a new phase in western Libya. Nato also said that the operations would go on.
Britain and France are playing the leading military role in the three-month assault amid multiplying questions about its effectiveness, cost and sustainability.
David Cameron told MPs that UK forces were capable of keeping up the UN-mandated campaign for as long as necessary. "I think that is vital," Cameron said, "and I would argue that the pressure is building on Gaddafi – time is on our side, not on Gaddafi's side."
Britain rebuffed the idea of a humanitarian pause, saying aid was already getting through due to actions to protect Misrata and other areas, and expressed doubts that Gaddafi would reciprocate. "It is Gaddafi's continued refusal to stop brutalising his people, withdraw his troops and step down that is causing humanitarian problems in Libya," the Foreign Office said. "He needs to go and go now."....

no respect for war

The Bulgarians have had enough of the glorification of war, and decided to
spruce up a sombre war memorial.

[Ya. that's Superman, and Santa, and friends]

Russia, US and UK are unified in saying:
"how can we get millions of people to sacrifice themselves
in a war of our making, if they're
all happy and painting, and sh*t.
It's like they're enjoying life.
f^&*%kin bullsh*t."

In another case, British soldiers keep getting sacrificed for nothing,
in Afghanistan.
Well, it's a living, until they stop living.

Osama is dead. Now, we're in charge. Can't leave

Whoo-hoo. Osama is dead. Time to ... hang around.

The US just cannot leave Afghanistan.

Even though the "goal" of the invasion was the quest for Al Quiaida and Osama.
Well, the Als are in Pakistan, with the US army drone planes.
Osama is dead (again) so, the US should be leaving.

Obama just mentioned that 30 000 soldiers will leave, BUTT
the Pentagon has a different opinion.
It may become necessary for the latter to erase the former!

Even the UK, that's largely f^*king about and
filling its C-130s with caskets full of dead soldiers;
even they have just started questioning their exit date
of 2015!
they want to extend their Pashtun vacation.
Passionate about Pashtunia! We're the British army!

NOW,
fess up, boys.

They're not up there for the war on terror.
Maybe for heroine trafficking.
Maybe for arranging Central Asian gas.
Maybe to invade Pakistan.
Maybe to invade Iran.
Maybe for permanent control of the region.


Wednesday 22 June 2011

When is Labour not labour

Not enough strikes these days. Some big ones are coming up in the UK.

It was always very clear to people here that the Labour party,
(it's in opposition now) is not about labour (workers).
Tony Blair could have easily fitted in with the Conservative Party.

The moto of the Labour party is : Vote for us, or you'll get the Tories

i.e. We're bad-asses, but we're friendlier than the Conservatives.

Now, they've gotten more intelligent and are trying to psych out the
labour movement that is set for a 1 million-person strike next month.

The Labour party says:
"striking is a Tory trick"
"they'll use it as an excuse to hurt the unions"
i.e. "just sit on yer chair, in front of yer tv, you fat f^*(ks"

-Costick67 ~(8^P

checkitout:
metro.co.uk
Ed Balls warns union leaders not to fall into Tory strike 'trap'
Shadow chancellor Ed Balls has warned union leaders not to fall into the ‘trap’ of organising the biggest strike in 85 years.
Balls accused ministers of deliberately provoking a confrontation with the unions so they could be blamed for the failing economy.

‘The trade unions must not walk into the trap of giving George Osborne the confrontation that he wants to divert attention from a failing economy,’ he said.

Meanwhile, Treasury chief secretary Danny Alexander said ministers would stick to their guns over public sector pension reforms despite the strike threats. Millions of workers would have to pay more in contributions and work for longer if the value of their retirement benefits was to be maintained into the future, he added.

His comments were condemned by union leaders as they set the stage for a wave of industrial action on a scale not seen since the general strike of 1926.

Unison general secretary Dave Prentis told Sky News: ‘We wanted to negotiate all the way through but if we’re going to be treated with disdain in the way that we are being, then we will move to an industrial action ballot.’

He predicted up to 10million people could be involved in the first strike on June 30 if his members, which include NHS staff, agreed.

His warning was echoed by Mark Serwotka, general secretary of the Public and Commercial Services union which represents almost 300,000 civil servants.

‘I think if the government isn’t prepared to change course after that strike, we will see unions move to ballot their members for strikes in the autumn,’ he told BBC1’s Andrew Marr Show.

Read more: http://www.metro.co.uk/news/866839-ed-balls-warns-union-leaders-not-to-fall-into-tory-strike-trap#ixzz1Py1bF28F
[look deep inside. They're not tonsils, they're bollocks,
cuz that's all that's coming out of that maw.]
lingo for foreigners: balls = bollocks= nuts

Monday 20 June 2011

banks are hiding the money in an alternate universe



string-them-along theory
-or , how to make money disappear, only to re-appear in the pockets of bankers

Let's begin:
string theory - wikipedia

String theory mainly posits that the electrons and quarks within an atom are not 0-dimensional objects, but rather 1-dimensional oscillating lines ("strings"). The earliest string model, the bosonic string, incorporated only bosons, although this view developed to the superstring theory, which posits that a connection (a "supersymmetry") exists between bosons and fermions. String theories also require the existence of several extra, unobservable dimensions to the universe, in addition to the four known spacetime dimensions.

So, money is also a string. Have you ever seen the trick where somebody
puts money or a string, gives it to somebody as payment, and then takes it back?

That's what the banks are doing to us.
We gave them our savings.
They put the money in their pockets and then made it disappear.
They told us they're broke, and so we give them our grandkids' money.
[money on string, or thong.]

Sunday 19 June 2011

fencing of fences

You know things are tough all over, when people start stealing wrought iron.

You use your fence and gate to protect your home and some guy up and grabs
it to cash in.

Apparently, in New York, finding the right gate is
the gateway to riches.
you can get $500, if you sell it back to its owner.

If you ask me, the homeowners cries of anguish are
over-wrought.
xD AHAhhhaahahAHAHAhaahahah

checkitout:
from CBS NY
Exclusive: NYC Thieves With A Taste For Wrought Iron Fences
As Those In Brooklyn Have Learned, If You Value Your Gates Beef Up Security
May 31, 2011 7:39 PM
Homeowners in Brooklyn are coming home to a great void. Thieves are stealing their wrought iron fences.
Emily-Smith
The Shoe Licker [some other excitement in NY, the city that never stops f%&&king around-Costick67]
Spaghetti Fight
Naked Meltdown
Subway Striptease
Jubilant Crowds Chicken Pranksters

NEW YORK (CBS 2) — Fences are supposed to help protect your home, but now they’re being targeted by crooks.
CBS 2’s Emily Smith has the exclusive story on a new wave of crime involving some Brooklyn homeowners’ wrought iron fences.

They are a signature of many neighborhoods, most of them erected in the 1800s. So, residents along these tree-lined streets are outraged that someone has been stealing their wrought iron gates.

“We got back from a weekend away and we noticed they were gone,” Fort Greene resident Van Hanos said.

“It’s disturbing to find somebody has taken that from us,” Fort Greene’s Wayne Tripp added.

At least six gates have been stolen on Vanderbilt Avenue in Fort Greene over the past two weeks and another three within an eight-block radius, according to police. Tripp said his iron fence disappeared last week, calling it the most prized feature of his $2 million home.

“The gate was part of our property, part of the legacy of this block being historic,” Tripp said.

inflation-denial must be a psychological disease of the rich


Everybody else can see it, every day.

The Euro causes inflation in the periphery
makes life for people and governments difficult,
lends them money, so they go into debt,
to buy foreign goods, killing off their own industries,
makes banks rich and then,
destroys those economies,
by putting them into Perpetual Debt,
known as Purgatory.
You never get free.
Greece, Ireland and Portugal
enslaved
good night

whose standards & who's poor?

Standard & Poor's fraudulent standards and everybody else is poor.

coming soon

corruption at the ratings agencies is being dug up, by the SEC. FINALLY!

[Schiff discusses this, in the last 4 minutes]

from gobankingrates.com
SEC to Hold Top Credit Rating Agencies Accountable for Role in Mortgage Crisis

Posted in Bonds, Financial News, Investments, Mortgage Rates, Sub Prime Mortgages
June 18, 2011

Civil fraud charges could be filed against several major credit rating agencies for their role in developing mortgage bond deals that helped bring about the financial crisis in 2008. The Wall Street Journal reported on Friday that the U.S. Securities Exchange Commission (SEC) is currently looking at the role these companies played in the crisis and exploring the possibility of holding them accountable.
SEC Reviewing Conduct of Companies

According to the WSJ, the SEC is reviewing the conduct of specific credit rating agencies, including McGraw Hill’s Standard and Poor’s and Moody’s Investors Service owned by Moody’s Corp., in relation to at least two mortgage-bond deals.

The commission is deciding whether the agencies failed to do enough research to be able to adequately rate the pools of subprime mortgages and other loans that underpinned the mortgage bond deals. In May, the SEC went as far as stating publicly that the agencies needed to reveal more about how they judge financial products and how those ratings perform over time.

The WSJ said that a Standard & Poor’s spokeswoman declined to comment about the issue, but a spokesman for Moody’s says that the agency is “uncertain as to what The Wall Street Journal is referring,” but would certainly cooperate with any requests received from the SEC.

Saturday 18 June 2011

revolutions, gyros and puppetmasters

We all thought how wonderful it is that those 'backward' Middle-Easterners are finally asking for democracy.
Don't blame them, God. They know not what they wish for.
As far as I can see, democracy means
rolling 4-year dictatorships and the right
to bomb brown people.

Anyway, the US was behind all those velvety-smooth
revolutions in North Africa. Those governments probably
had Noriega Disease- they would not listen to the US.
So, boom!


-Costick67 ~(8^P

Greenspan blames the Greeks for recession

If Greece defaults, it will create a recession in the US.
Otherwise, there's no possibility of a recession in the US.
says Alan Greenspan.
who missed the 2008 crash, because he ducked out the year before.

Where do the errors begin?
The US is not exposed to much Greece debt,
except the CDSs which could bite.

The US is in a recession already with stagflation,
or screwflation (see other article below).
The government hasn't admitted it, for obvious reasons
and the media is asleep as usual.

Trying to pin the whole problem on the Greeks
is like trying to blame the sinking of the Titanic on
the mouse in the captain's cabin.

The whole banking system, worldwide is maxed out on
credit and inflated with fiat money.
There's no room to maneouvre when the smallest of problems comes to pass.

However, you can blame a shit-box little country
like Greece for toppling a 600 trillion dollar business,
because you can use all your racist ideas in one place
and take out your economic frustrations,
and forget to blame the banks.
Can you say 'scapegoat'.
[Greek goat. good eye!]

Interpretation: if Greenspan says that Greece could kill banks, it means that the banks are basically telling him to give that excuse because they will implode, soon. Oh, and Greenspan will thus deflect again any blame from himself.
But, this is his baby.
It's got glasses and is hunched over, chanting "Ayn Ayn".

-Costick67 ~(8^P
checkitout:
Greenspan Says Greece Default ‘Almost Certain,’ May Trigger U.S. Recession
By Vivien Lou Chen - Jun 17, 2011 12:46 AM GMT
Alan Greenspan, former Federal Reserve chairman, said a default by Greece is “almost certain” and could help drive the U.S. economy into recession.

“The problem you have is that it’s extremely unlikely the political system will work” in a way that solves Greece’s crisis, Greenspan, 85, said in an interview today with Charlie Rose in New York. “The chances of Greece not defaulting are very small.”

Greek government bonds slumped, pushing the yield on the two-year note above 30 percent for the first time, as Prime Minister George Papandreou’s failure to win support for more austerity fueled speculation the European country will fail to meet its obligations. More than 20,000 people protested in Athens this week against wage reductions and tax increases, with police using tear gas on crowds and strikes paralyzing ports, banks, hospitals and state-run companies.

The chances of Greece defaulting are “so high that you almost have to say there’s no way out,” said Greenspan, who ran the central bank from 1987 to 2006. That may leave some U.S. banksup against the wall.”

Greece’s debt crisis has the potential to push the U.S. into another recession, Greenspan said. Without the Greek issue, “the probability is quite low” of a U.S. recession, he said.

Monday 13 June 2011

merci, danke, grazie to the US

Here, finally, is the list of European banks that the 2008 US bailout
helped to keep afloat.
If that doesn't piss off a large chunk of the US, nothing will.

Bernanke saying "I don't know where the money went":




-Costick67 ~(8^P
checkitout:
Zerohedge , Tyler Durden
What this observation also means, is that the bulk of risk asset purchasing by dealer desks (if any), has not been performed by US-based primary dealers, as has been widely speculated, but by foreign dealers, which have the designation of "Primary" with the Federal Reserve. Below is the list of 20 Primary Dealers currently recognized by the New York Fed. The foreign ones, with US-based operations, are bolded:[sorry, not sure about the bolded ones, but found most of the obvious ones]

* BNP Paribas Securities Corp.
* Barclays Capital Inc.
* Cantor Fitzgerald & Co.
* Citigroup Global Markets Inc.
* Credit Suisse Securities (USA) LLC
* Daiwa Capital Markets America Inc.
* Deutsche Bank Securities Inc.
* Goldman, Sachs & Co.
* HSBC Securities (USA) Inc.
* Jefferies & Company, Inc.
* J.P. Morgan Securities LLC
* MF Global Inc.
* Merrill Lynch, Pierce, Fenner & Smith Incorporated
* Mizuho Securities USA Inc.
* Morgan Stanley & Co. LLC
* Nomura Securities International, Inc.
* RBC Capital Markets, LLC
* RBS Securities Inc.
* SG Americas Securities, LLC
* UBS Securities LLC.

That's right, out of 20 Primary Dealers, 12 are.... foreign. And incidentally, the reason why we added the (if any) above, is that since this cash is fungible between on and off-shore operations, what happened is that the $600 billion in cash was promptly repatriated and used by domestic branches of foreign banks to fill undercapitalization voids left by exposure to insolvent European PIIGS and for all other bankruptcy-related capital needs. And one wonders why suddenly German banks are so willing to take haircuts on Greek bonds: it is simply because courtesy of their US based branches which have been getting the bulk of the Fed's dollars in 1 and 0 format, they suddenly find themselves willing and ready to face the mark to market on Greek debt from par to 50 cents on the dollar. And not only Greek, but all other PIIGS, which will inevitably happen once Greece goes bankrupt, either volutnarily or otherwise. In fact, the $600 billion in cash that was repatriated to Europe will mean that European banks likely are fully covered to face the capitalization shortfall that will occur once Portugal, Ireland, Greece, Spain and possibly Italy are forced to face the inevitable Event of Default that will see their bonds marked down anywhere between 20% and 60%. Of course, this will also expose the ECB as an insolvent central bank, but that largely explains why Germany has been so willing to allow Mario Draghi to take the helm at an institution that will soon be left insolvent, and also explains the recent shocking animosity between Angela Merkel and Jean Claude Trichet: the German are preparing for the end of the ECB, and thanks to Ben Bernanke they are certainly capitalized well enough to handle the end of Europe's lender of first and last resort.

Lenihan dies soon after warning us about the EUROmafia

I had Brian Lenihan, former Finance minister of Ireland as a big idiot.
He bailed out the banks and didn't think twice about the public.

But he did tell the world that Ireland could last another year,
but the Eurocrats strong-armed him, blackmailed him into taking
a bailout.
He just said that a month ago or so. Now he's dead. Apparently he'd been
sick for 18 months with pancreatic cancer. No connection to politics at all.

-Costick67 ~(8^P
checkitout:
1 Irish Times
Ireland was forced by ECB to take bailout, says Lenihan
23/04/2011
DAN O'BRIEN, Economics Editor

BRIAN LENIHAN has claimed the European Central Bank forced Ireland into taking a bailout and rejected claims by a senior ECB figure that the bank warned Ireland in mid-2010 of the dangers it faced.

He has also accused members of the ECB executives of briefing against Ireland and of “betrayal”.

In a wide-ranging interview on the events surrounding last November’s bailout, Mr Lenihan criticised some of the 17 governing board members of the bank for the “damaging” manner in which they had briefed some media about Ireland.

“On the betrayal issue, I did feel that some bank governors should not be speaking out of turn and that only the president should speak for the bank.”

He describes as “at variance with the facts” a statement made in an interview in this newspaper in January by Lorenzo Bini-Smaghi, one of six executive board members of the ECB.

In the interview Mr Bini-Smaghi claimed ECB president Jean-Claude Trichet had pressured the Government from mid-2010 to bring forward the 2011 budget. Mr Lenihan denies any such representations were ever made.

The position of the ECB on Ireland’s seeking of assistance was different from that of the European Commission, said Mr Lenihan.

“I don’t think the commission were anxious to bounce member states into a programme.

“That was my strong impression from my discussions with Commissioner Rehn.” he said, adding that “the ECB clearly subscribed to a different view.”....

2
Ex-Irish finance minister Lenihan dies at 52
Brian Lenihan, who worked on the country's 2010 bailout, loses battle against pancreatic cancer.
Last Modified: 10 Jun 2011 14:16
Lenihan delivered four austerity budgets in his less than three years in the job [AFP]
Ireland's former finance minister Brian Lenihan, who was in office during Ireland's EU/IMF bailout late last year, has died after an 18-month battle with cancer, his family said on Friday.
The 52 year old combined one of the toughest jobs in Europe with his treatment for pancreatic cancer.
Colleagues, opponents and journalists noted his ability to retain his good humour, energy and sense of fun throughout the period.
"Brian Lenihan faced events at a scale and a pace of magnitude that no other Irish minister has ever previously had to contend," Michael Martin, ther leader of Lenihan's Fianna Fail party, said.
"When Ireland was in the eye of the storm, Brian Lenihan never faltered."

Lenihan delivered four austerity budgets in his less than three years in the job.

He bailed out the country's two biggest lenders, nationalised the third and took charge of the two biggest building societies.

Once seen as a contender to lead Fianna Fail, the humiliation of having to apply for an EU-IMF bailout and his poor health put an end to any such plans.

"I have a very vivid memory of going to Brussels on the final Monday and being on my own at the airport and looking at the snow gradually thawing and thinking to myself: this is terrible," Lenihan said in a BBC interview earlier this year.

"No Irish minister has ever had to do this before. Now hell was at the gates."

The former lawyer and university lecturer took over the finance portfolio just as the economy began to unravel in 2008.

A scion of one of Ireland's most famous political dynasties, Lenihan's father was a former deputy prime minister and one-time presidential candidate.

His aunt and brother served in parliament until electoral defeat in February.

It's official: Screwflation has bitten the nation

We're in a period of severe Screwflation.

signs of screwflation:

1 prices going up
2 packages getting smaller, and price is going up
3 government says "there's no inflation". "maybe 1.5%"
[1.5 is the size of their dicks]
4 consumer groups are not here to defend us
5 politicians are not here to defend us
6 you have to go on the Internet and find the reason why this is happening, because
7 the media doesn't see the inflation, because they're flush with money, they're covering...for the rich guys and the politicians
8 pay cuts
9 job losses
10 benefits shrinking
11 no loans or mortgages
ERGO: SCREWFLATION
ERGO: STIR IT UP!




each genereshan
across the neshan
knows nothin but degredeshan
an depriveshan
translation:
each generation across the nation will not know nothing but economic degredation
so smoke the dutchie!

-Costick67 ~(8^P
checkitout:
The Middle Class And Threatening The Stock Market
Gregory White | Jun. 11, 2011, 8:05 AM

Our economy is an environment of "screwflation," in which inflation is rising and the middle class is being hit with a multitude of other burdens, threatening the health of the stock market, according to Doug Kass.

Kass explains that while prices on goods like food and fuel are rising hitting weaker consumers, fundamental changes in the U.S. economy have also left the middle and lower classes disadvantaged.

Those include a housing bubble that has left many middle class Americans unemployed, technology changes that have made many jobs obsolete, temporary work which has made an income stream less reliable, globalization which has moved jobs abroad, and the rising cost of education and health care.

Read more: http://www.businessinsider.com/doug-kass-screwflation-2011-6#ixzz1P484LqsX

max out or move out?

I've got a sense for the zeitgeist of the moment.
point: MAXING OUT LEADS TO MOVING OUT

MAX OUT?
Being that humans are not being eaten by dinosaurs (just joking)
or by animals, we have a need for danger.
We also will kill others to get more stuff, like chimps do.

The real problem we have now is this MAXING out of everything.

We're not meant to max out.
The Earth is not meant to max out.
Finance is not meant to max out.
Fractional banking and leveraging are not meant to be maxed out.
This is why we're on the edge of a crash. BUTT, I blame the Greeks. xD
there's no room for failure. no rest. no hope. no equality. no clean water.
no democracy. no work.
MAXimally negative results for the rest of us
I don't care how well-built anyting is, running it at max
all day, every day will make it come apart at the seems.

Ha-Joon Chang said that we should have a LESS efficient financial system.
[his interview is at 3:00. I just found this. B4 the interview Hajoon argues with Peter Schiff but Schiff embarrasses himself by shouting all the time. I have tended to follow Schiff too. But Chang 1 Schiff 0. LISTEN to Chang!]

MOVE OUT?

'Small' Farmers (a few hundred acres) cannot make money because the
supermarkets are maxing their profits by cheating the farmers.
The only farmers making money are agri-business 5000 acre
farms, full of Monsanto crap. That's the max out business model of farming.

Nevertheless, the price of food is going through the roof because
of finance maxing out on speculation
(every other investment that was previously maxed out is now dead)

We started out by hunting and gathering. Not my family, our genus.
We learned to farm and so we had surplus. we traded, sat around
and drew stuff, learned to write and had plenty of wars.

the modern model of farming is
BIGGER = BETTER.

This is wrong.
It's wrong because of the environmental damage,
the requirement for technology, and thus cost.
I don't know how many generations your family is from
living on a farm. Me? 2 generations.
The lower the number, the better.
We understand what farming can become.
small holdings, and oriented towards self-suffiency and bartering.

Transfer from the city to a small town.
Take a pay cut, if you have to. ..if you have a job.
Live in the country. Buy an acre and plant stuff.
Keep a few animals. chickens, etc.
Feed yourself and your family.
Barter with your neighbours.
Use your cash wisely.
Then you get to survive.

This takes you completely out of the
maxing-out culture of the city.
The maxing culture feeds the government and the banks
and the big stores that are all screwing us.

Maxing is out.

This video advises the same thing:

-Costick67 ~(8^P

Saturday 11 June 2011

Here's a rating, in your face

actually , it's two

Moody's, Fitch and S&P were used by the big banks to sell toxic sh*t around the world.
It's known as fraud, but nobody wants to make the sh*t stick to those boys.
It only involved $600 trillion. No problem.

Well, other folks finally got off their arses and opened up their own
ratings agencies!

Germany and China
First big moves?

US downgrade to AA
US is defaulting by sinking the dollar

Awesome "first" day in the media
You're gonna become very popular. and , there's no risk.
shitcan them all. US, UK, Germany
still, I blame the Greeks @sarc

-Costick67 ~(8^P
checkitout:
German Rating Agency Feri Downgrades US Government Bonds: AAA to AA!
Submitted by Smart Money Europe on 06/10/2011 04:08 -0400
The first Western downgrade of US government bonds is a fact! The German credit rating agency Feri lowered its rating on US debt by a full notch, from AAA to AA.
Here is the German press release:
Here's the english translation:
Homburg, 8 June 2011 - The Bad Homburg Feri EuroRating & Research AG downgraded the first credit rating agency's credit rating for the United States from AAA to AA. Feri analysts justify the downgrade by the continuing deterioration of the creditworthiness of the country due to high public debt, inadequate fiscal measures, and weaker growth prospects.
"The U.S. government has fought the effects of the financial market crisis primarily by an increase in government debt. We do not see that there is sufficient attention being paid to other measures, "said Dr. Tobias Schmidt, CEO of Feri Rating & Research AG. "Our rating system shows a deterioration in economic health, so the downgrading of the credit ratings of U.S. is warranted."
For the third consecutive year the deficit of the United States is in double digit percentages relative to gross domestic product (GDP). "Deficits of such magnitude are not a sustainable fiscal policy. We would reconsider the rating when the U.S. government creates a long-term sustainable budget," said Schmidt.
Feri Rating is listed on the Federal Financial Supervisory Authority (BaFin) as an EU credit rating agency approved and created with more than 20 years experience in sovereign ratings. Every month, the Feri analysts evaluate sovereign credit ratings from the perspective of a foreign investor based on the ability and willingness of countries to repay their debts. The credit ratings have eleven possible gradations between "AAA" (best credit) and "Default".

China ratings house says US defaulting: report
AFPAFP – 18 hours ago
A Chinese ratings house has accused the United States of defaulting on its massive debt, state media said Friday, a day after Beijing urged Washington to put its fiscal house in order.
"In our opinion, the United States has already been defaulting," Guan Jianzhong, president of Dagong Global Credit Rating Co. Ltd., the only Chinese agency that gives sovereign ratings, was quoted by the Global Times saying.
Washington had already defaulted on its loans by allowing the dollar to weaken against other currencies -- eroding the wealth of creditors including China, Guan said.
Guan did not immediately respond to AFP requests for comment.
The US government will run out of room to spend more on August 2 unless Congress bumps up the borrowing limit beyond $14.29 trillion -- but Republicans are refusing to support such a move until a deficit cutting deal is reached.
Ratings agency Fitch on Wednesday joined Moody's and Standard & Poor's to warn the United States could lose its first-class credit rating if it fails to raise its debt ceiling to avoid defaulting on loans.
A downgrade could sharply raise US borrowing costs, worsening the country's already dire fiscal position, and send shock waves through the financial world, which has long considered US debt a benchmark among safe-haven investments.
China is by far the top holder of US debt and has in the past raised worries that the massive US stimulus effort launched to revive the economy would lead to mushrooming debt that erodes the value of the dollar and its Treasury holdings.
Beijing cut its holdings of US Treasury securities for the fifth month in a row to $1.145 trillion in March, down $9.2 billion from February and 2.6 percent less than October's peak of $1.175 trillion, US data showed last month.
Foreign ministry spokesman Hong Lei on Thursday urged the United States to adopt "effective measures to improve its fiscal situation".
Dagong has made a name for itself by hitting out at its three Western rivals, saying they caused the financial crisis by failing to properly disclose risk.
The Chinese agency, which is trying to build an international profile, has given the United States and several other nations lower marks than they received from the the big three.

she's got a chance. One belonging to a snowball in hell

A really fine economist from France wants to be IMF chief.
No, not Lagarde. She was really cool in Inside Job. great timing. great mugging for the camera,
but she's more of the same. DSK in a skirt, minus the tendency to rape.
This one is saying all the right things about what's wrong with international
raping and finance, er, banking and finance

she wants every country to have a vote. Like the US will allow that to happen @sarc

That's why she hasn't got a chance.

checkitout:
What I would do as head of the IMF
My leadership challenge aims to expose the IMF's policy of imposing brutal cuts while protecting indebted states' creditors
o Aurélie Trouvé
guardian.co.uk
Today is the deadline for nominations in the race for the IMF leadership, and I have put forward a radically alternative candidate to do the job: me.
I am a French economics lecturer and have been the co-chair of the association Attac, an international organisation and network in the global justice movement, for four years. Attac is present in more than 40 countries worldwide, and has tens of thousands of adherents. Founded in France in 1998 by dozens of other associations, unions and alternative media, it has been a mainstay of the construction of the World Social Forum. We are a popular education movement that is action-oriented, and we denounce the mechanisms of neoliberalism while proposing tangible alternatives to both disarm the big world of finances and build an economy at the service of wealth-sharing and the preservation of our planet.
My leadership challeng aims to expose the current and past policies of the IMF, which are to unconditionally defend the interests of the creditors of indebted states while imposing brutal plans of social austerity (look at the state of Hungary, Ukraine and Latvia in 2008, Iceland in 2009, and Greece, Spain, Portugal and Ireland in 2010). Since the devastation brought by the financial crisis in 2008, neither the G20 nor the IMF or other international institutions have taken any steps to significantly reduce the volatility of international financial markets. Speculation is now raging, both on commodities and the securities of public debts.
With the above with mind, here are five crucial steps to tackle the crisis which I would put forward, should I become head of the IMF:
• I would put a stop to all austerity plans, and establish a tax on financial transactions, as well as implementing a strict regulation of transactions on derivatives products.
• I would put forward the co-ordination of economic policies at the international level, bringing countries with excessive imbalances (China, Germany, Japan on the side of those with a surplus, and the US on the side of countries with a deficit) to rebalance themselves in a co-ordinated manner, through adjustments in exchange rates coupled with active fiscal and wage policies.
• I would push for the development of an international currency based on a basket of the major currencies, as an alternative to the dollar.
• I would guarantee special drawing rights (an international reserve asset created by the IMF to supplement its member countries' official reserves) to help countries in difficulty during the period leading to the reduction of global imbalances, or during unexpected economic shocks.
• I would work towards democratising the IMF by integrating it to the UN system, with one vote for each of the 187 IMF member countries. It is about time to put an end to the exclusive ruling power of the biggest economies.

Ozzie and the Bilderbergs


George Osbourne , Chancellor of the Exchequer, UK
Goes to Switzerland to get his marching orders from
the guys with the secret money (in tax havens- there's your problem, George)

checkitout:
Bilderberg 2011: George Osborne attending as chancellor
Charlie Skelton spots some interesting names on the delegate list
So this is some proper journalism what I just done.
Early this morning a Swiss website published a genuine-sounding list of delegates to this year's conference. A couple of names leapt out, both of them Bilderberg alumni: Lord Mandelson (2009) and George Osborne (2006-2009).
On the 2011 delegate list, Osborne appears thus:
Osborne, George, Chancellor of the Exchequer.
I've just spent the entire day trying and failing and failing and trying again to get an official confirmation that Osborne is attending the St Moritz conference, and if so, in exactly what capacity he's here.
At long last the Treasury Press Office gave me a straight answer, but it wasn't the answer I was expecting: "George Osborne is attending the Bilderberg conference in his official capacity as Chancellor of the Exchequer" – and he's coming along "with a number of other international finance ministers." Any Treasury staff? "Probably not more than one."
So – ok – you mean we're paying for Osborne to be here? You mean he's on Treasury business? You mean this is an official summit? You mean he's talking economic policy with the Chairman of Royal Dutch Shell, the CEO of Airbus, and Russian oligarch Alexey Mordashov, the billionaire CEO of Severstal? And Henry Kissinger? In secret? Behind a police cordon?

Friday 10 June 2011

The Middle East murder mayhem show

I may be stoopid but I just had a new thought today about the reasons
behind the new world order in the Middle East.
UPDATE, BELOW
Ok, so we know that the invasions of Iraq and Afghanistan were fronts for
doing business, for US contractors to rob the US government, for example.

However, now that we see lotsa countries getting in on the Libya thing,
I started thinking, this is not just the old colonial game. There's more to this!

Now, they've got their eyes on Syria.

So, what's going on is:
the US and UK are where they are
to permanently destabilise the Middle East
(including the 'revolutions' in North Africa)
so that war and mayhem will become normal
and so we'll just sit idly by while
they pick off one government after another.

Part 2
After Syria, Iran.

Part 3
They're doing the old divide and conquer, with the Arabs,
and covering for their little friend in Palestine
making sure the Arabs cannot get up a unified voice asking
for peace in the Middle East.
[they almost had a unified voice last year, but now...?]
They'll either do what the US/UK say or they'll
get a revolution or assassination by Tomahawk.

Part 4 the oil, dummy!

Enjoy the warfare. we've got front row seats. Don't forget the popcorn

P.S. the refugee flood is destroying the EU. Another bonus

Here's the flip side. If the US needs you onside, they'll help kill your rebels.
Bahrain, Saudi, Yemen (they're bombing it now)
The sideshow is the Formula 1 race in March was cancelled because
the Bahraini government welcomed in the Saudi army to kill Bahraini Shiites.
The millionnaires were worried about their hides, but not a word about anybody else's.

UPDATE:
The guy from the Daily Bell (below) had the same idea (ignore the China title), at about the same time, about the rise in mayhem. But he missed the real reason.

-Costick67 ~(8^P
checkitout: 2 things
1 Daily Bell
China Tries to Start a War?
Saturday, June 11, 2011 – by Anthony Wile
Anthony Wile
When economic times sour, elites turn to war, or at least start to escalate military tensions. Europe and America are involved in at least four wars now, and unfortunately the West's escalating military involvement probably won't stop there. The West, in fact, seems destined to build a full-scale regional war out of a series of disparate ones.

They are, all of them, phony wars in some sense, even as they endlessly abide. Afghanistan apparently wasn't justified, as the Taliban had nothing to do with al-Qaeda and even offered to turn Osama bin Laden over to the George W. Bush administration based on a submission of evidence (that the US refused to present).

The Iraq war was supposedly aimed at removing weapons of mass destruction (whatever that means) from Saddam Hussein, but it seems he didn't have any. Now the US has taken to bombing Libya and Yemen for some reason; doubtless a justification will emerge (just don't hold you breath).

But building-up war is not simply a Western preoccupation. This is what China seems to be trying to do. You won't read about it because the mainstream media seems allergic to the story, but China's economy seems frankly to be at a kind of turning point (the bad kind), and doubtless the two issues are related.....

2
Jean Todt ignites F1 row with Bernie Ecclestone in Bahrain fiasco
• Bahrain GP set to be wiped from F1 season
• Decision to quit smacks of 'hypocrisy', says Bahrain
* Paul Weaver
* guardian.co.uk, Thursday 9 June 2011 21.10 BST
....
Meanwhile there was further evidence yesterday of the worrying amorality – immorality, even – of Formula One, which has largely turned a blind eye to the killings, woundings, tortures and arrests that have been going on in Bahrain as the people protest for more human rights and greater freedoms....


Thursday 9 June 2011

Greece's debt slavery is just theatre, but it'll feel like Dante's Inferno

I don't know about Ireland's or Portugal's,

but I've got some info that Greece's debt will not be covered,
for very long...

what follows is the story of a bunch of illegal gentlemans'
agreements which are designed to enslave the world.
all suits and ties, and starvation.

If you've read the 'law'/agreement covering the bank loan, it's absolutely
Medieval in its slave-driving tactics.

The Greek government gave away its sovereign right:
-to declare bankruptcy
-to run its own finances
-to protect its land and belongings
-to protect its own citizens and their savings, worldwide
-to get help from any other country

and, it did so willingly!

You would say, "isn't that horrible"
strange thing is, it hasn't been voted on by the parliament,
12 months after it was signed.
It's against the Greek constitution and
against the constitution of lots of other countries.
So, while Merkel is protecting her banks,
German economists have taken the German state
to court saying that to do all the above things
to Greece is against the GERMAN constitution.
You're damn right. It's worse than the Nazi occupation.
[Germany still owes Greece money on behalf of Adolf]

But, the trick is, it never will be voted on.
The Greeks have already figured out what's going on,
so the PM won't dare.
[UPDATE Jn9: the PM was quized about this by his party today and got pissed off. meaning?]

so, why all the fuss?
To keep the charade of Euro economic viability going.
Those banks that are owed money in
London, Germany, France
are all technically bankrupt, like the IMF,
and it's all gonna collapse.
once Spain says "adios" to its debts.

And they want to blame Greece for everything,
so that the banksters don't get the blame.
Nice try. I still blame the Greeks @sarc

The next stalling tactic will be
a hidden/trick haircut or nosejob.

Oh, and the real game on the ground is:
1 the law, though not voted on, still applies, in practice!
2 getting Greece to sell everything cheap,
just like Max Keiser said.
Everything in Greece that is making a profit for the government
(cuz the oligarchy gets it all)
will be sold. Even if there's a crash, that stuff will be gone for good.
3 the government will fire half its workers.
4 oh, and European megacompanies will be using parts of Greece
for next to nothing, with no commitment.
No problem. Here's your brand new
pre-revolutionary Cuba de Batista
.
and they might "re-arrange" some parts of Greece.
5 the ever poorer Greeks will keep paying some
of the ever-increasing taxes, while the rich pay nothing.

By the way, the Greek government has no limits
with respect to 'own goals'.
They sold government debt to Greek banks and
it's now semi-worthless,
so Greek banks are also broke,
but they have a guarantor, the Greek government!

the final judgement:
Either the whole banking thing will collapse,
because everybody's got nothing but piss in their gastanks,
or we'll keep going from crisis to crisis,
with rich countries enslaving poor ones,
despite the fact that everybody is technically broke.
Has that for a NWO?

checkitout: this is amazing stuff from Reggie Middleton
http://www.zerohedge.com/article/over-year-after-being-dismissed-sensationalist-questioning-ecbs-continued-solvency-after-sov?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29
the whole page is massive, but really instructive. Here's the Greek story:
....There has been a lot of noise in both the alternative and the mainstream financial press regarding potential risk to the ECB regarding its exposure at roughly 48 to 72 cents on the dollar to sovereign debt purchases through leverage, and at par at that. This concern is quite well founded, if not just over a year or so too late. In January, I penned The ECB Loads Up On Increasingly Devalued Portuguese Bonds, Ensuring That They Will Get Hit Hard When Portugal Defaults. The title is self explanatory, but expound I shall. Before we get to the big boy media's "year too late" take, let's do a deep dive into how thoroughly we at BoomBustBlog foretold and warned of the insolvency of both European private banks and central banks, including the big Kahuna itself, the ECB! The kicker is that this risk was quite apparent well over a year ago. On April 27th, 2010 I penned the piece "How Greece Killed Its Own Banks!". It went a little something like this:

Yes, you read that correctly! Greece killed its own banks. You see, many knew as far back as January (if not last year) that Greece would have a singificant problem floating its debt. As a safeguard, they had their banks purchase a large amount of their debt offerings which gave the perception of much stronger demand than what I believe was actually in the market. So, what happens when these relatively small banks gobble up all of this debt that is summarily downgraded 15 ways from Idaho.

Well, the answer is…. Insolvency! The gorging on quickly to be devalued debt was the absolutely last thing the Greek banks needed as they were suffering from a classic run on the bank due to deposits being pulled out at a record pace. So assuming the aforementioned drain on liquidity from a bank run (mitigated in part or in full by support from the ECB), imagine what happens when a very significant portion of your bond portfolio performs as follows (please note that these numbers were drawn before the bond market route of the 27th)…

do not compute. will not accept robo signings. must destroy

[humpty dumpty bankster mortgages- 4closurefraud.org]

I know that the robot image is one that at once brings laughter
and yet fear of a future out of control.
Robo signings of mortgage loans is one thing that caused fear.
Investment banks cut up loans into thousands of pieces
to sell them as (fraudulent) AAA derivatives
and now they can't put the pieces back together to foreclose on the fools
who got stuck with mortgages they couldn't pay,
because the bankers f%&8cked up the rest of the economy.

So, the banksters got teams of people to (robo-) sign fictitious names
on fraudulent mortgage documents.
The whole MERS system meant free homes for lots of people.

BUTT, it looked as if the rest of the US
bureaucracy was turning a blind eye.
No more, folks.
One jurisdiction's registry started the cavalcade
by not accepting obviously fake mortgage documents
[the robots are taking over!]

watch out for those librarians and file clerks.
seething anarchists!

[ED209 vs Robosigners]

-Costick67 ~(8^P
checkitout:
REJECTED | Massachusetts Register of Deeds John O’Brien is First in the Nation to Say NO to Recording Robo-signed Documents
Submitted by 4closureFraud on 06/07/2011 13:48 -0400
http://theheartofamerica.files.wordpress.com/2011/03/rejected.gif
Robo-signed documents rejected by John O’Brien following 60 Minutes show featuring Lynn Szymoniak
Massachusetts Register of Deeds John O’Brien is rejecting foreclosure documents signed by known robo-signers.
O’Brien is one of a handful of officials nationwide who began pulling court documents following a 60 Minutes story on foreclosure fraud that featured a Palm Beach County homeowner.
On Tuesday, Obrien said he rejected two robo-signed documents submitted to his registry for recording and plans to continue doing so.
Some quotes from the press release...
“the buck stops here”
“My Registry will not be a knowing participant in this fraud against homeowners. From today forward, lenders be on notice, the Southern Essex District Registry of Deeds will not record robo-signed documents.”
“I find this practice very troubling on many levels. It has completely jaded my understanding that a notarized document was something that could be relied upon.”
“If these documents are signed by anyone other than the noted signatories, these notaries and those that employed them should be held accountable for the fraudulent documents that they have produced and the havoc they have caused to chains of title everywhere.”
“Knowing what I now know, it would be a dereliction of my duties as the keeper of the records to record these documents and any other documents that contain questionable signatures. To do so, would make me a willing participant in a continuing scheme which has corrupted the chain of title of thousands of Essex County property owners. I have decided to put a stop to this reckless behavior and hold these lenders and their agents accountable for the authenticity of what they are attempting to record in my Registry. I do not believe this to be unreasonable.”
“Now that Register Thigpen has joined with me, I am hopeful that my other colleagues around the country will also take the same action. I strongly believe that this will send a message, loud and clear, that we as Registers and Recorders of Deeds, whose responsibility it is to protect the integrity of the land recordation system, will not be a party to any fraudulent scheme that may damage individual’s property rights”
Jeff Thigpen joins O’Brien’s effort saying...
“The basic question here is whether we as Recorders are going to sit on our hands, in the face of what appears to be clear fraud or are we going to stand up for 400 years of integrity in land records? John is on the right side of this question and these are reasonable actions that he is taking.”

Wednesday 8 June 2011

what's up doc? you want my chequebook?


two very different health stories from the US.
I don't know why so many Americans in power think that health = business.

Vermont has a bit of Canada rub off on them. We're just over the border.
Great skiing there. Now you can break your leg without breaking the bank.

1 Man dies of health insurance
2 Vermont starts single-payer public health care

the Onion
Man Succumbs To 7-Year Battle With Health Insurance

September 22, 2008 | ISSUE 44•39

DENVER—After years of battling crippling premiums and agonizing deductibles, local resident Michael Haige finally succumbed this week to the health insurance policy that had ravaged his adult life.
Haige, who had suffered from limited medical coverage for nearly a decade, passed away early Monday morning. According to sources, the 46-year-old was laid to rest at Fairplains cemetery, surrounded by friends, family members, and more than $300,000 of mounting debt.

"I miss Michael every single day, but at least he can finally rest now," said Sheila Haige, who watched as insurance rates ate away at her husband over time. "What Michael went through, the humiliating forms, the invasive background checks, the complete loss of dignity and hope—I wouldn't wish that kind of torture on anyone."

Once a healthy and happy father of two, Haige saw his life forever change seven years ago when health insurance professionals diagnosed him with a preexisting condition. As months passed and his line of credit continued to deteriorate, the former high school football coach would experience excruciating headaches and bouts of nausea every time another hospital bill arrived.

"My dad always seemed invincible, like there was nothing in the world that could hurt him," son Ryan Haige said. "But then, one night, I found him bent over a stack of UB-92 and HCFA forms, and he was crying. I'd never seen my father look so scared in all my life."....
http://www.theonion.com/articles/man-succumbs-to-7year-battle-with-health-insurance,2536/?utm_source=related
2 the Guardian
Single payer healthcare: Vermont's gentle revolution

The green mountain state was the first to ban slavery, in 1777. Now, it's the first to pioneer a truly public healthcare system
o Amy Goodman
o guardian.co.uk, Wednesday 25 May 2011 13.00 BST

Vermont is a land of proud firsts. This small New England state was the first to join the 13 colonies. Its constitution was the first to ban slavery. It was the first to establish the right to free education for all – public education.

This week, Vermont will boast another first: the first state in the nation to offer single payer healthcare, which eliminates the costly insurance companies that many believe are the root cause of our spiralling healthcare costs. In a single payer system, both private and public healthcare providers are allowed to operate, as they always have. But instead of the patient or the patient's private health insurance company paying the bill, the state does. It's basically Medicare for all – just lower the age of eligibility to the day you're born. The state, buying these healthcare services for the entire population, can negotiate favourable rates, and can eliminate the massive overhead that the for-profit insurers impose.

Vermont hired Harvard economist William Hsiao to come up with three alternatives to the current system. The single payer system, Hsiao wrote, "will produce savings of 24.3% of total health expenditure between 2015 and 2024". An analysis by Don McCanne, MD, of Physicians for a National Health Programme pointed out that:

"[T]hese plans would cover everyone without any increase in spending since the single payer efficiencies would be enough to pay for those currently uninsured or underinsured. So this is the really good news – single payer works."

Vermont Governor Peter Shumlin explained to me his intention to sign the bill into law:

"Here's our challenge. Our premiums go up 10, 15, 20% a year. This is true in the rest of the country as well. They are killing small business. They're killing middle-class Americans, who have been kicked in the teeth over the last several years. What our plan will do is create a single pool, get the insurance company profits, the pharmaceutical company profits, the other folks that are mining the system to make a lot of money on the backs of our illnesses, and ensure that we're using those dollars to make Vermonters healthy."..... ...


Tuesday 7 June 2011

what looks like a suicidal deathwish

may turn out to be an invasion.


fracking
banking
natural disasters, flooding, drought

That Canada is looking mighty good

Plans are already afoot for a North American Union between Mexico, Canada and the Yanks.
That's like the UK is a union, owned by the English. This one will be owned by the US, but Canada's resources, especially water and clean, and now warm lands will be taken to feed the US it's burgers and fries. That's it. Canada will disappear.

Since a straight up vote in Canada will be rejected, they'll have to trick Canadians. Here's how it will happen. coming soon



Kids in Canada are already revolting. This Senate page (kid who runs around doing stuff)
showed a sign saying Stop Harper (the Prime Minister) in the Senate chamber.
I think it was because she got laid off.
She speaks out, in the Toronto Star, below

checkitout:
Why I did it: Senate page explains her throne speech protest
Published On Wed Jun 08 2011

Senate page Brigette DePape, holding a sign reading "Stop Harper," is led from the Senate chamber during the reading of the throne speech last week. (June 3, 2011)

by: Brigette DePape

I am moved by the excitement and energy with which people from all walks of life across this country greeted my action in the Senate.

One person alone cannot accomplish much, but they must at least do what they can. So I held out my “Stop Harper” sign during the throne speech because I felt I had a responsibility to use my position to oppose a government whose values go against the majority of Canadians.

The thousands of positive comments shared online, the printing of “Stop Harper” buttons and stickers and lawn signs, and the many calls for further action convinced me that this is not merely a country of people dissatisfied with Prime Minister Stephen Harper’s vision for Canada.

It is a country of people burning with desire for change.

If I was able to do what I did, I know that there are thousands of others capable of equal, or far more courageous, acts.

I think those who reacted with excitement realize that politics should not be left to the politicians, and that democracy is not just about marking a ballot every few years. It is about ensuring, with daily engagement and resistance, that the vision we have for our society is reflected in the decision-making of our government.

Our views are not represented by our political system. How else could we have a government that 60 per cent of the people voted against? A broken system is what has left us with a Conservative government ready to spend billions on fighter jets we don’t need, to pollute the environment we want protected, to degrade a health-care system we want improved, and to cut social programs and public sector jobs we value. As a page, I witnessed one irresponsible bill after another pass through the Senate, and wanted to scream “Stop.”

Such a system leads us to feel isolated, powerless and hopeless — thousands of Canadians made that clear in their responses to my action. We need a reminder that there are alternatives. We need a reminder that we have both the capacity to create change, and an obligation to. If my action has been that reminder, it was a success.

Media and politicians have argued that I tarnished the throne speech, a solemn Canadian tradition. I now believe more in another tradition — the tradition of ordinary people in this country fighting to create a more just and sustainable world, using peaceful direct action and civil disobedience.

On occasion, that tradition has found an inspiring home within Parliament: In 1970, for instance, a group of young women chained themselves to the parliamentary gallery seats to protest the Canadian law that criminalized abortion. Their action won national attention, and helped propel a movement that eventually achieved abortion’s legalization.

Was such an action “appropriate”? Not in the conventional sense. But those women were driven by insights known to every social movement in history: that the ending of injustices or the winning of human rights are never gifts from rulers or from parliaments, but the fruit of struggle and of people power in the streets.

Actions like these provide the answer to the Harper government. When Harper tries to push through policies and legislation that hurt our communities and country, we all need to find our inner activist, and flow into the streets. And what is a stop sign after all, but a nod to the symbol of the street where a people amassed can put the brakes on the Harper government?

I’ve been inspired by Canadians taking action, and inspired too by my peers rising up in North Africa and the Middle East. I am honoured to have since received a message from young activists there, saying that we need not just an Arab spring but a “world spring,” using people power to combat whatever ills exists in each country.

I have been inspired most of all by Asmaa Mahfouz, the 26-year-old woman who issued a video calling for Egyptians to join her in Tahrir Square. People did, and they together made the Egyptian revolution. Her words will always stay with me: “As long as you say there is no hope, then there will be no hope, but if you go and take a stand, then there will be hope.”

Brigette DePape is a recent graduate of the University of Ottawa. She has started a fund to support peaceful direct action and civil disobedience against the Harper agenda: www.stopharperfund.ca

Fathers of some Nations beget fascists

Thomas Jefferson and Joseph Stalin
among the Fathers of their nations
freedom of speech vs communist autocracy
What message did they leave for the eons?

Which country is now the king of authoritarianism?
Russia or the US?

which country allows police to break into your home for any reason?
which country has wire tapping without a warrant?
which country uses tazers on cripples?
which country tries to use muscle to limit free speech? well, maybe both of them

which country will not allow anyone to dance at the Jefferson memorial in Washington?
this the same Jefferson who was instrumental in creating
all the rights of free speech and expression that the US
trumpets as their gifts to democracy.





-Costick67 ~(8^P

Monday 6 June 2011

green shoots of green energy

[notice Godzilla in the background. Es divertido. No?]
[2 days of safety? that's a stretch]

I was dreaming that this would be the end result of the Fukushima Fuk-up.

Germany is going to kill of its nuclear power rigs.

Japan is going to swerve away from nuclear into green tech.

In essence, you have a massive ongoing nuclear catastrophe in N.Japan
that will not end for decades. It's burning out of control and that's one
crowded island. How much nuke juice can they withstand?

Chernobyl was a big disaster but since it happened in the woods of Ukraine,
nobody could relate it to their own lives. Now, with the Net
and all the business connections with Japan,
and all the horror stories we've been hearing, we know that
nuke bosses are bastards
who don't care and who will go bankrupt
leaving the people with a toxic plant and no viable solution.
It could happen to any of us.
So, now people are waking up and saying
"enough bullshit, already"

If you're having doubts about the severity of the disaster, read below.

checkitout:

Are Nuclear Chain Reactions Still Occurring at Fukushima?
Submitted by George Washington on 06/04/2011 20:33 -0400
You know that Fukushima reactors 1, 2 and 3 all melted down within hours of the Japanese earthquake.
You also know that at least some of the subsequent explosions could have been caused by small-scale nuclear reactions called "prompt moderated criticalities".
But you might not know that nuclear reactions may still be ongoing.
Specifically, it is well-known by nuclear scientists that the ratio of iodine 131 to cesium 137 tells a lot about when nuclear reactions have stopped. For example, on May 2nd, University of Tokyo physics professor Tetsuo Matsui published a scientific paper with the following summary:
We calculate the relative abundance of the radioactive isotopes Iodine-131 and Cesium-137 produced by nuclear fission in reactors and compare it with data taken at the troubled Fukushima Dai-ichi nuclear power plant. The ratio of radioactivities of these two isotopes can be used to obtain information about when the nuclear reactions terminated.
Technology Review summarizes Professor Matsui's findings as follows:
Nuclear reactors produce radioactive by-products that decay at different rates. One common by-product is iodine-131 which has a half life of about 8 days while another is cesium-137 with a half life of about 30 years.
When a reactor switches off, the iodine decays more quickly so the ratio between these two isotopes changes rapidly over a period of days. That's why measuring this ratio is a good way to work out when the nuclear reactions terminated.
There are some complicating factors, however. The most important of these is that the ratio of iodine-131 and cesium-137 to start with depends on how long the reactor has been operating and so is not constant.
Today, Tetsuo Matsui at the University of Tokyo, says the limited data from Fukushima indicates that nuclear chain reactions must have reignited at Fuksuhima up to 12 days after the accident.
Matsui says the evidence comes from measurements of the ratio of cesium-137 and iodine-131 at several points around the facility and in the seawater nearby. He has calculated what the starting ratio must have been by assuming the reactors had been operating for between 7 and 12 months.
The data from the drain near reactor 2 and from the cooling pond at reactor 4, where spent fuel rods are stored, indicate that the reactions must have been burning much later.
"The data of the water samples from the unit-4 cooling pool and from the sub-drain near the unit-2 reactor show anomaly which may indicate, if they are correct, that some of these fission products were produced by chain nuclear reactions reignited after the earthquake," he says.
These chain reactions must have occurred a significant time after the accident. "It would be di?cult to understand the observed anomaly near the unit-2 reactor without assuming that a signi?cant amount of ?ssion products were produced at least 10 - 15 days after X-day," says Matsui.
So things in reactor 2 must have been extremely dangerous right up to the end of March.
As Time Magazine blogger Eben Harrell pointed out on March 30th:
The IAEA has said that the Fukushima nuclear power plant may have achieved re-criticality. “There is no final assessment,” IAEA nuclear safety director Denis Flory said at a press conference on Wednesday, according to Bloomberg News. “This may happen locally and possibly increase the releases.”
On April 18th, nuclear expert Arnie Gundersen said that iodine 131 readings indicated ongoing nuclear reactions.
Indeed, Gundersen says today:
Unit 3 may not have melted through and that means that some of the fuel certainly is lying on the bottom, but it may not have melted through and some of the fuel may still look like fuel, although it is certainly brittle. And it's possible that when the fuel is in that configuration that you can get a re-criticality. It's also possible in any of the fuel pools, one, two, three, and four pools, that you could get a criticality, as well. So there’s been frequent enough high iodine indications to lead me to believe that either one of the four fuel pools or the Unit 3 reactor is in fact, every once in a while starting itself up and then it gets to a point where it gets so hot that it shuts itself down and it kind of cycles.
Similarly, a Daily Kos writer points out today:
Radiation levels in water inside the silt fence near reactor 2 are high and rising, despite large amounts of dilution. Continued very high levels of Iodine 131 with a half life of 8 days are very hard to explain for a reactor that has been "shut down". Normally Iodine levels would drop several orders of magnitude below cesium activity levels over the sixty day period shown in the graph, but instead they continue to track each other. The level of 10,000 Bq/liter I-131 is very problematic. It is much higher than would be expected for a reactor in cold shut down for 2 1/2 months.
letter
by Tunga
on Sat, 06/04/2011 - 22:08
Once a nuclear pile runs away there is no reason it will stop. Cherynoble is still melting it's sarcophagus.
Unit 3 is cool because it's entire contents are lying on the ground around the plant.
It's very simple. In order to get hydrogen gas you must have melting. If you have melting there is no way to cool the pile because all the water you dump on it turns to steam before it gets anywhere close to the fuel.
This is a crime against humanity. The liars should either come clean with the truth or face extermination.