Title: Mcgowanjm Wire 2012 Source:
[None] URL Source:[None] Published:Feb 26, 2012 Author:Various Post Date:2012-02-26 09:15:13 by A K A Stone Keywords:None Views:1361336 Comments:2390
They used to roll out Missing White Girls...and War on drugs... now it's Al Qaeda Bomb...BOO.
Even as the USSAtv wasted at least the 1st 4-5 minutes of air time yesterday the plot has already been exposed....Lulz...;}
'Underwear bomber' was working for the CIA Paul Harris and Ed Pilkington in New York
Bomber involved in plot to attack US-bound jet was working as an informer with Saudi intelligence and the CIA, it has emerged
May 8, 2012
F-22 production stopped long ago by LittleHelper on 09.05.2012 [02:48 ] There exist only about 150 of those F-22 fighter jets. Production stopped some time ago, because the US Department of defense has been running out of funds to finance development of them. The US now are concentrating on the F-35 fighter jet, which is the successor of the F-22 in the JSF program. Its development costs are also spiralling out of control, and it's very questionable, whether the F-35 really will be built in large numbers some day.
Without the pillars of austerity and "structural adjustment", there is very little justification for the ECB or Germany to continue backstopping the peripheral finances of the Eurozone. It's not as if the consumers or businesses in these countries can even afford to buy Germany's exports anymore, as made all too clear by Rajoy's comments, and the failure of peripheral banks is all but guaranteed. When a financial institution such as Bankia is bailed out, make no mistake - there will be no one able or willing to bail out the Spanish Treasury.
"The consequences of the end of these two empires cant be dealt with on the battlefield, as the long debate over the shape of Americas human ecology was, and it cant be dealt with by jerry-rigging a set of temporary expedients to overcome the mismatch between real wealth and a dysfunctional financial system, as the crisis of the Great Depression was. It will require massive changes in every aspect of American life, starting with a steep decline in standards of living and the forced abandonment of privileges most Americans think of as theirs by right."
"And today we have the news that the American ambassador here in Pakistan has actually cut short his assignment here and flown back to Washington because basically the American diplomats here too are complaining that the US military and the CIA are out of control. They do the hard work; they try to work with the Afghan government and the Pakistani government. But when it comes to the US military and the CIA, they destroy everything."
So basically what you see happening right now in Kabul is that President Karzai is in the same position as the US State Department and the US diplomats are in Kabul, which is basically: they cannot trust the US military, they cannot trust the CIA.
RT: Just about a week ago we had the American President there congratulating his troops on a job well done saying that they are in a process of having peace talks with Taliban, although they are also targeting the Taliban. Is that just a political rhetoric? I thought America was winning a war on terror?
AQ: Absolutely not. I think the Americans are facing an embarrassing defeat in Afghanistan. The civilian deaths we are seeing right now in Afghanistan are one sign of their desperation. They are using all out disproportionate force really to get at what they see as Afghan resistance or Afghan fighters. "
' Obama Sends US Special Ops Back into Yemen by John Glaser
"The Pentagon claims they're being sent to train Yemeni forces
May 9, 2012
The Pentagon announced Tuesday it is sending U.S. troops back to Yemen to train Yemeni security forces in a final indication that Washington has been successful in maintaining the status quo, despite a still-active protest movement vying for reform."
The reason for the latest failed false flag.
Another in the Perpetual War before the Inevitable Collapse.
"It is likely that the role of these troops goes well beyond the "routine training" claimed by the Pentagon spokesman, which would mark yet another instance where Obama sends U.S. soldiers into action abroad without the consent of Congress or the American people."
Putin to skip G8 summit, talks with Obama in US Russia's newly-inaugurated President Vladimir Putin speaks during a reception marking Victory Day at the Kremlin in Moscow, on May 9, 2012.Thu May 10, 2012 8:13AM GMT
Russias newly-inaugurated President Vladimir Putin has pulled out of the Group of Eight summit in Maryland, US, and ice-breaker talks with US President Barack Obama next week, the Kremlin says.
Raising new questions about Moscow-Washington ties, Putin, who took the oath as the new Russian leader on Monday, informed Obama of his decision during a telephone call on Wednesday.
He noted the need to stay in Moscow to finalize cabinet appointments in the new Russian government, citing he will send Prime Minister Dmitry Medvedev in his place. "
The consequences of the end of these two empires cant be dealt with on the battlefield, as the long debate over the shape of Americas human ecology was, and it cant be dealt with by jerry-rigging a set of temporary expedients to overcome the mismatch between real wealth and a dysfunctional financial system, as the crisis of the Great Depression was. It will require massive changes in every aspect of American life, starting with a steep decline in standards of living and the forced abandonment of privileges most Americans think of as theirs by right."
About 49% of Americans say they aren't contributing to any retirement plan, according to a new survey conducted by LIMRA, a trade association for the financial services industry.-CNN
Let;s just call it 50%....;}
Reword: They don't have a retirement plan. They don't have a $1000.
" Spain Nationalizes BFA and 45% of Bankia; No Bid for CatalunyaCaixa, Bank Worth Less Than Zero; Der Spiegel: Germany Fears "Bottomless Pit"
The implosion in Spanish banks continues. On Wednesday, Spain nationalized BFA, the 8th nationalization since the start of the crisis.
After sinking 3 billion into CatalunyaCaixa, Spain tried to privatize the mess but there were no offers at zero euros. Clearly CatalunyaCaixa bank is worth less than zero.
Meanwhile Der Spiegel reports "Bundesbank has no idea of what is happening in Spanish banks". Mish readers do. The Spanish banking system is without a doubt bankrupt."
What weve been seeing in the last ten days in the EU as a whole is growing evidence that banking debt exposure to intrabank loan clients and ownership of ClubMed subsidiaries are vying with sovereign debt to be uppermost in the minds of nervous investors. And sources in an around Mario Draghis ECB continue to hint that the Italian Stallion is nearly out of oats when it comes to eurobank support.
This is partly because all his money (loose and somewhat inaccurate term) is going into manipulation of the bond markets discreet purchases of excess bonds left lying around in places like, for example, Spain. The bond yields there on 10-year notes went above 6% again yesterday.
Spain is going to go bang pretty soon. At this rate, there wont be any FiskalPakt applicants remaining solvent by the time the Fuhrerin gets it together. (And in Ireland, the tide is turning against FP Yes campaigners)."
Spain is going to go bang pretty soon. At this rate, there wont be any FiskalPakt applicants remaining solvent by the time the Fuhrerin gets it together. (And in Ireland, the tide is turning against FP Yes campaigners).
Credit Agricole owns 20% of commercial bank Bankinter SA, Spains sixth largest bank. The bank has been hit hard by the Troika-aggravated recession in Spain, the shares having declined some 30 per cent over the last 12 months. Spains biggest seven banks need 68 billion of additional capital as a buffer against bad loans, and to meet regulatory requirements, according to RBS. All this is the sort of information that (a) demonstrates multivariate contagion and (b) why investors remain acutely aware of CreditAgs very high level of exposure on several fronts.
Poll: US Opposition to Afghan War Hits New High Opposition Levels Unseen Since Vietnam War by Jason Ditz, May 09, 2012 Print This | Share This
A new AP/Gfk poll is showing that the trend of opposition to the Afghan War continues, with an overwhelming 66% of Americans now opposed to the conflict, with only 8 percent of Americans remaining strongly in support of it.
The AP compared the poll to a late 1971 poll on the Vietnam War, which showed 65% of Americans opposed to continuing that war. But while the US was slowly beginning its withdrawal from Vietnam at that time, President Obama is just one week off of signing a deal to keep US troops occupying Afghanistan through 2024.
Also down by 4% to a mere $4.6bn were JP Morgans profits. While wondering how on earth they were going to manage on that going forward, my eye fell across a piece in the Journal telling how five US equity investment firm owners would be taking home a bonus of $94m each at the end of March. Bruce Willis diverting that asteroid and dying in the process that made him worth $94m for the job. But nobody else is worth $94m for a years work. Nobody. And anyone who thinks so is a sadly damaged human being."
All those fake numbers being put out by Wall Street, the government and CNBC showing magical growth on the Ponzi paper digit (Alice in Wonderland) side of the equation must be juxtaposed against the real world manufacturing economy that has been in decline for 30 years.
This is the 30 year digital/Ponzi-paper inflation crescendo that has finally crested and, like an ocean wave, will curl over and break. This is also the 30 year engineered interest rate decline that has finally reached its nadir, 0%!
Let me try and rationalise that apparently intolerant statement. Had anyone come to me in corporate life and said they needed $94m to stay interested in the business, Id have expressed sympathy for their plight, and fired them. $94m isnt a bonus, its a bonanza leveraged into a bazooka for a bonehead who somehow puts a value on the ownership of meaningless amounts of money. Except, of course, money brings power and thats what these reptiles really want.
What did I say at the top? "Rising demand for easy money causes rising interest rates..." So what does a zero Fed Funds rate say? Zero demand for worthless money? I don't know. You tell me.
Here is what I see: 30 years of digital/financial Ponzi-paper inflation has gradually decreased the efficiency of all capital investment, everywhere! Mal-investment is so ubiquitous now that it cannot even be distinguished! Confidence in the future is at an ALL TIME LOW! And mass-confusion about inflation, deflation, stagflation, etc... is at an ALL TIME HIGH! We have truly built our own Tower of Babel!